MIRA INFORM REPORT

Report Date :

05.05.2012

IDENTIFICATION DETAILS

Name :	PLANET VYAPAAR PRIVATE LIMITED

Registered Office :	1291, Survey Park, Sammilani Park, Block D, Beside Apex Hospital, Kolkata – 700075, West Bengal

Country :	India

Financials (as on) :	31.03.2010

Date of Incorporation :	06.12.2007

Com. Reg. No.:	21-120854

Capital Investment / Paid-up Capital :	Rs.3.070 Millions

CIN No.: [Company Identification No.]	U51909WB2007PTC120854

TAN No.: [Tax Deduction & Collection Account No.]	CALP10515B

PAN No.: [Permanent Account No.]	AAECP5282E

Legal Form :	Private Limited Liability Company

Line of Business :	Distributor and Dealer of all types of homecare product.

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (27)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 230000

Status :	Moderate

Payment Behaviour :	Unknown

Litigation :	Clear

Comments :	Subject is an established company having moderate track. The management has not filed its latest financials with the government department. However, trade relations are reported as fair. Business is active. Payments are unknown. The company can be considered for business dealings with some caution.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

LOCATIONS

Registered Office :	1291, Survey Park, Sammilani Park, Block D, Beside Apex Hospital, Kolkata – 700075, West Bengal, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	jsenterprise10@yahoo.com

DIRECTORS

As on 30.09.2010

Name :

Mr. Mahesh Jha

Designation :

Director

Address :

1/1, Thakery Road, 75, Alipore, Kolkata – 700027, West Bengal, India

Date of Birth/Age :

15.07.1986

Date of Appointment :

06.12.2007

DIN No.:

01617409

Other Directorship

S.No.	CIN	NAME OF THE COMPANY	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U51109WB2007PTC116098	VIJAY LAKHMI VANIJYA PRIVATE LIMITED	Director	30/05/2007	30/05/2007	20/06/2009	Active	NO
2	U51909WB2007PTC115366	SHAGUN SHREE TRADECOM PRIVATE LIMITED	Director	30/05/2007	30/05/2007	12/2/2010	Active	NO
3	U51909WB2007PTC120854	PLANET VYAPAAR PRIVATE LIMITED	Director	6/12/2007	6/12/2007	30/03/2011	Active	NO
4	U51909WB2007PTC120853	VANTAGE COMMERCIALS PRIVATE LIMITED	Director	6/12/2007	6/12/2007	30/12/2011	Active	NO
5	U51909WB2007PTC120852	RADIENT MARKETING PRIVATE LIMITED	Director	6/12/2007	6/12/2007	15/04/2011	Active	NO
6	U51109WB2007PTC121249	VERSATILE TRADERS PRIVATE LIMITED	Director	29/12/2007	29/12/2007	7/3/2008	Active	NO
7	U67100WB2008PTC129524	PARAMOUNT FINANCIAL MANAGEMENT SERVICES PRIVATE LIMITED	Director	27/10/2008	27/10/2008	-	Active	NO
8	U51109WB2008PTC128095	JANKI MERCANTILE PRIVATE LIMITED	Director	4/11/2008	4/11/2008	-	Active	NO
9	U51909WB2008PTC128499	ANURAG COMMOTRADE PRIVATE LIMITED	Director	5/11/2008	5/11/2008	-	Active	NO
10	U15122WB2008PTC128503	BHAGWATI VINTRADE PRIVATE LIMITED	Director	6/11/2008	6/11/2008	9/6/2010	Active	NO
11	U51109WB2008PTC128610	KOHINOOR COMMOTRADE PRIVATE LIMITED	Director	7/11/2008	7/11/2008	25/11/2011	Active	NO
12	U51909WB2008PTC129276	SURYA DEALERS PRIVATE LIMITED	Director	12/11/2008	12/11/2008	30/04/2011	Active	NO
13	U51909WB2008PTC129224	HONEY TRADECOM PRIVATE LIMITED	Director	12/11/2008	12/11/2008	-	Active	NO
14	U51909WB2008PTC129225	AVISKAAR DISTRIBUTORS PRIVATE LIMITED	Director	12/11/2008	12/11/2008	-	Active	NO
15	U51909WB2008PTC129110	SKYLARK TRACOM PRIVATE LIMITED	Director	19/11/2008	19/11/2008	17/03/2012	Active	NO
16	U51909WB2008PTC129530	TORRENT VINCOM PRIVATE LIMITED	Director	20/11/2008	20/11/2008	15/11/2011	Active	NO
17	U51909WB2008PTC129903	DEVANGI VINIMAY PRIVATE LIMITED	Director	4/12/2008	4/12/2008	1/12/2010	Active	NO
18	U50404WB2008PTC129902	AKRITI VANIJYA PRIVATE LIMITED	Director	4/12/2008	4/12/2008	24/10/2011	Active	NO
19	U51101WB2009PTC131758	MARINA MERCHANDISE PRIVATE LIMITED	Director	28/08/2009	27/01/2009	27/01/2010	Active	NO
20	U51909WB2009PTC131761	SHIVSHAKTI TIE-UP PRIVATE LIMITED	Additional director	27/01/2009	27/01/2009	-	Active	NO
21	U51909WB2009PTC131909	BARBARIK SALES PRIVATE LIMITED	Additional director	27/01/2009	27/01/2009	28/06/2011	Active	NO
22	U51101WB2009PTC131971	TRISHNA DISTRIBUTORS PRIVATE LIMITED	Additional director	27/01/2009	27/01/2009	-	Active	NO
23	U51909WB2009PTC131906	SIGMA GOODS PRIVATE LIMITED	Additional director	27/01/2009	27/01/2009	-	Active	NO
24	U52190WB2009PTC136619	EKADANTA TRADECOM PRIVATE LIMITED	Director	8/7/2009	8/7/2009	-	Active	NO
25	U52100WB2009PTC136644	AKANKSHA DISTRIBUTORS PRIVATE LIMITED	Director	8/7/2009	8/7/2009	28/12/2010	Active	NO

Name :

Mr. Bhola Bhattacharya

Designation :

Director

Address :

53D, Motilal Nehru Road, Kolkata – 700029, West Bengal, India

Date of Birth/Age :

04.03.1967

Date of Appointment :

06.12.2007

DIN No.:

01634968

Other Directorship

S.No.	CIN	NAME OF THE COMPANY	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U51109WB2006PTC108081	SHOGUN TIE UP PRIVATE LIMITED	Director	19/06/2006	19/06/2006	22/08/2009	Active	NO
2	U51909WB2004PTC099472	GOKUL DEALERS PRIVATE LIMITED	Director	20/06/2006	20/06/2006	4/12/2007	Active	NO
3	U51311WB2006PTC111118	SNEHA CLOTH MERCHANTS PRIVATE LIMITED	Director	29/07/2006	29/07/2006	-	Active	YES
4	U51109WB1998PTC087228	D L S EXPORT PRIVATE LIMITED	Director	10/8/2006	10/8/2006	3/7/2009	Active	NO
5	U51909WB2002PTC094765	NARSINGH VYAPAAR PRIVATE LIMITED	Director	16/12/2006	16/12/2006	-	Active In Progress	NO
6	U26942WB1995PLC073703	KALIKA CEMENT LIMITED	Director	9/8/2007	9/8/2007	15/02/2008	Active	NO
7	U51109WB2005PTC102196	GOKUL COMMODITIES PRIVATE LIMITED	Director	20/11/2007	20/11/2007	11/8/2010	Active	YES
8	U51109WB2007PTC120429	SUBHLAKSHMI VANIJYA PRIVATE LIMITED	Director	5/12/2007	5/12/2007	23/08/2008	Active	NO
9	U51109WB2007PTC120455	GTZ (JHAGADIA) PRIVATE LIMITED	Director	5/12/2007	5/12/2007	23/08/2008	Active	NO
10	U51909WB2007PTC120854	PLANET VYAPAAR PRIVATE LIMITED	Director	6/12/2007	6/12/2007	30/03/2011	Active	NO
11	U51909WB2007PTC120853	VANTAGE COMMERCIALS PRIVATE LIMITED	Director	6/12/2007	6/12/2007	30/12/2011	Active	NO
12	U51909WB2007PTC120852	RADIENT MARKETING PRIVATE LIMITED	Director	6/12/2007	6/12/2007	15/04/2011	Active	NO
13	U51109WB2007PTC121249	VERSATILE TRADERS PRIVATE LIMITED	Director	29/12/2007	29/12/2007	7/3/2008	Active	NO
14	U51109WB2005PTC104995	ANMOL VINIMAY PRIVATE LIMITED	Director	17/02/2008	17/02/2008	30/12/2011	Active	NO
15	U51109WB2005PTC105011	ACME VYAPAAR PRIVATE LIMITED	Director	17/02/2008	17/02/2008	30/12/2011	Active	NO
16	U51109WB2005PTC104999	KALASH VINIMAY PRIVATE LIMITED	Director	17/02/2008	17/02/2008	2/9/2008	Active	NO
17	U51109WB2008PTC123760	ANCIENT VANIJYA PRIVATE LIMITED	Director	6/3/2008	6/3/2008	13/08/2008	Active	NO
18	U51109WB2008PTC123758	TECHNO DEALCOM PRIVATE LIMITED	Director	6/3/2008	6/3/2008	13/08/2008	Active	NO
19	U51109WB2008PTC123756	VERSATILE MERCHANTS PRIVATE LIMITED	Director	6/3/2008	6/3/2008	13/08/2008	Active	NO
20	U51109WB2008PTC123872	VENUS TRADECOM PRIVATE LIMITED	Director	7/3/2008	7/3/2008	30/12/2011	Active	NO
21	U51109WB2008PTC123871	SITARAM GHASIRAM CONSTRUCTIONS PRIVATE LIMITED	Director	7/3/2008	7/3/2008	25/08/2009	Active	NO
22	U51909WB2008PTC123868	LINK COMMERCIAL PRIVATE LIMITED	Director	7/3/2008	7/3/2008	30/12/2011	Active	NO
23	U51109WB2007PTC116098	VIJAY LAKHMI VANIJYA PRIVATE LIMITED	Director	20/06/2009	20/06/2009	5/7/2010	Active	NO
24	U51909WB2009PTC133503	NITYASUNDARA COMMERCIAL PRIVATE LIMITED	Director	7/1/2011	7/1/2011	-	Active	NO
25	U51101WB2009PTC133479	MAHAYOGI DISTRIBUTORS PRIVATE LIMITED	Director	7/1/2011	7/1/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2010

Names of Shareholders		No. of Shares
Jhuma Dutta		10000
Sujoy Dutta		10000
Mayfair Commerce Private Limited, India		287000
Total		307000

As on 30.09.2010

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Bodies corporate	93.00
Directors or relatives of Directors	7.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Distributor and Dealer of all types of homecare product.

GENERAL INFORMATION

No. of Employees :	Not Available

Bankers :	Not Available


Banking Relations :	--

Auditors :
Name :	Partha Sarathi Chakraborti Chartered Accountants
Address :	1, Brindabban Bose Lane, Kolkata – 700006, West Bengal, India
PAN.:	AHFPC7775C

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount

310000	Equity Shares	Rs.10/- each	Rs.3.100 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

307000	Equity Shares	Rs.10/- each	Rs.3.070 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010	31.03.2009	31.03.2008
SHAREHOLDERS FUNDS
1] Share Capital		3.070	3.070	3.070
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		56.430	56.430	56.430
4] (Accumulated Losses)		(0.037)	(0.037)	(0.027)
NETWORTH		59.463	59.463	59.473
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		0.000	0.000	0.000
DEFERRED TAX LIABILITIES		0.000	0.000	0.000

TOTAL		59.463	59.463	59.473

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		0.000	0.000	0.000
Capital work-in-progress		0.000	0.000	0.000

INVESTMENT		59.400	59.400	59.400
DEFERREX TAX ASSETS		0.000	0.000	0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000	0.000
	Sundry Debtors	0.000	0.000	0.000
	Cash & Bank Balances	0.016	0.077	0.087
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	0.000	0.000	0.000
Total Current Assets		0.016	0.077	0.087
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000	0.000	0.000
	Other Current Liabilities	0.002	0.063	0.063
	Provisions	0.000	0.000	0.000
Total Current Liabilities		0.002	0.063	0.063
Net Current Assets		0.014	0.014	0.024

MISCELLANEOUS EXPENSES		0.049	0.049	0.049

TOTAL		59.463	59.463	59.473

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Operating Income	0.056	0.000	0.000
		Other Income	0.000	0.000	0.000
		TOTAL	0.055	0.000	0.000

Less	EXPENSES
		Administrative & Other Expenses	0.054	0.009	(0.027)
		Auditors Remuneration	0.001	0.001
		TOTAL	0.055	0.010	(0.027)

	PROFIT / (LOSS) BEFORE TAX		0.000	(0.010)	(0.027)

Less	TAX		0.000	0.000	0.000

	PROFIT / (LOSS) AFTER TAX		0.000	(0.010)	(0.027)

Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(0.037)	(0.027)	0.000

	BALANCE CARRIED TO THE B/S		(0.037)	(0.037)	(0.027)

	Earnings / (Loss) Per Share (Rs.)		0.00	NA	NA

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
PAT / Total Income	(%)	0.00	0.00	0.00

Net Profit Margin (PBT/Sales)	(%)	0.00	0.00	0.00

Return on Total Assets (PBT/Total Assets}	(%)	0.00	(12.99)	(31.03)

Return on Investment (ROI) (PBT/Networth)		0.00	0.00	0.00

Debt Equity Ratio (Total Liability/Networth)		0.00	0.00	0.00

Current Ratio (Current Asset/Current Liability)		8.00	1.22	1.38

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report (Yes / No)
1) Year of Establishment	Yes
2) Locality of the firm	Yes
3) Constitutions of the firm	Yes
4) Premises details	No
5) Type of Business	Yes
6) Line of Business	Yes
7) Promoter’s background	Yes
8) No. of employees	No
9) Name of person contacted	No
10) Designation of contact person	No
11) Turnover of firm for last three years	Yes
12) Profitability for last three years	Yes
13) Reasons for variation <> 20%	--
14) Estimation for coming financial year	No
15) Capital in the business	Yes
16) Details of sister concerns	No
17) Major suppliers	No
18) Major customers	No
19) Payments terms	No
20) Export / Import details (if applicable)	No
21) Market information	--
22) Litigations that the firm / promoter	--
23) Banking Details	Yes
24) Banking facility details	No
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	Yes
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	No
30) Major Shareholders, if available	Yes

Note:

The registered office of the company has been shifted from 15A, Ramkrishna Lane 1^st Floor, Kolkata – 700031, West Bengal, India to present address w.e.f.19.04.2011

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.53.72
UK Pound	1	Rs.86.98
Euro	1	Rs.70.65

INFORMATION DETAILS

Report Prepared by :

NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		27

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
-	NB	New Business	-

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

MIRA INFORM REPORT

0.000

0.000

0.016

0.000

0.000

0.016

0.000

0.002

0.000

0.002

0.014

0.00

0.00

0.00

0.00

0.00

8.00

Unit