MIRA INFORM REPORT

Report Date :

12.05.2012

IDENTIFICATION DETAILS

Name :	HANUMAN INFRASTRUCTURE PRIVATE LIMITED
Registered Office :	I G/Floor, SFS Flats, Ashok Vihar, Phase IV, Delhi – 1100052
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	21.03.2005
Com. Reg. No.:	55-134238
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U45203DL2005PTC134238
TAN No.: [Tax Deduction & Collection Account No.]	DELH07801D
PAN No.: [Permanent Account No.]	AABCH5665E
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Stone, Greek etc
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (42)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 160000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and per commitments. The company can be considered normal for business dealings at usual trade terms and conditions.

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	A1	A1

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

LOCATIONS

Registered Office :	I G/Floor, SFS Flats, Ashok Vihar, Phase IV, Delhi – 1100052, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	anjumittalca@yahoo.co.in
Branch Office:	16, Sidharth Enclave, Delhi Road, Sonepat – 131001 Haryana, India
Tel. No.:	91-130-2218161

DIRECTORS

As on 30.09.2011

Name :

Mr. Surender Panwar

Designation :

Director

Address :

121, Sector – 15, Sonepat – 131001, Haryana, India

Date of Birth/Age :

08.10.1968

Date of Appointment :

21.03.2005

DIN No.:

00908311

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	U45202DL1998PTC094144	DEVELOPMENT STRATEGIES INDIA PRIVATE LIMITED	Director	6/01/2004	6/01/2004	-	Active	NO
2	U45201DL2004PTC130143	RADHARAMAN BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	21/10/2004	21/10/2004	10/04/2008	Active	NO
3	U45203DL2005PTC134238	HANUMAN INFRASTRUCTURE PRIVATE LIMITED	Director	21/03/2005	21/03/2005	-	Active	NO
4	U99999DL2006PTC147591	PAWANPUTRA INFRASTRUCTURE PRIVATE LIMITED	Director	16/03/2006	16/03/2006	-	Active	NO
5	U45200DL2008PTC178147	TIRUPATI INFRATECH PRIVATE LIMITED	Director	15/05/2008	15/05/2008	-	Active	NO
6	U45300DL2008PTC182370	SHREE BANKE BIHARI BUILDTECH PRIVATE LIMITED	Director	22/08/2008	22/08/2008	-	Active	NO
7	U70101MH2004PTC147584	KTG DEVELOPERS PRIVATE LIMITED	Director	30/09/2010	5/10/2009	17/11/2010	Active	NO
8	U55101DL2007PTC171374	GANPATI MOTEL PRIVATE LIMITED	Director	15/10/2011	15/10/2011	-	Active	NO

Name :

Mr. Surender Kumar Chikkara

Designation :

Director

Address :

H.No. 120, Sector – 15, Sonepat – 131001, Haryana, India

Date of Birth/Age :

15.07.1969

Date of Appointment :

30.09.2006

DIN No.:

00015684

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	U45202DL1998PTC094144	DEVELOPMENT STRATEGIES INDIA PRIVATE LIMITED	Director	6/01/2004	6/01/2004	-	Active	NO
2	U99999DL2006PTC147591	PAWANPUTRA INFRASTRUCTURE PRIVATE LIMITED	Director	16/03/2006	16/03/2006	-	Active	NO
3	U45203DL2005PTC134238	HANUMAN INFRASTRUCTURE PRIVATE LIMITED	Director	30/09/2006	30/09/2006	-	Active	NO
4	U45300DL2008PTC182370	SHREE BANKE BIHARI BUILDTECH PRIVATE LIMITED	Director	22/08/2008	22/08/2008	-	Active	NO
5	U45400DL2009PTC192613	H R INFRABUILD PRIVATE LIMITED	Director	27/07/2009	27/07/2009	-	Active	NO
6	U55101DL2007PTC171374	GANPATI MOTEL PRIVATE LIMITED	Director	15/10/2011	15/10/2011	-	Active	NO

Name :

Mr. Jagjit Singh Chauhan

Designation :

Director

Address :

Village and P.O. Sonepat – 131001, Haryana, India

Date of Birth/Age :

01.01.1970

Date of Appointment :

01.01.2010

DIN No.:

00015812

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	U99999DL2006PTC147591	PAWANPUTRA INFRASTRUCTURE PRIVATE LIMITED	Director	16/03/2006	16/03/2006	-	Active	NO
2	U45203DL2005PTC134238	HANUMAN INFRASTRUCTURE PRIVATE LIMITED	Director	1/01/2010	1/01/2010	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Surender Panwar	3334
Surender Kumar Chikkara	3333
Jagjit Singh Chauhan	3333
Shree Banke Bihari Buildtech Private Limited, India	1
Total	10001

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2011

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Stone, Greek etc

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

ICICI Bank

Facilities :

(Rs. in Millions)

Secured Loan	As on 31.03.2011	As on 31.03.2010
ICICI Bank car loan	0.000	0.161
Tata Capital Limited	24.934	9.626
Total	24.934	9.787
Unsecured Loan	As on 31.03.2011	As on 31.03.2010
Anita Devi W/O Sh Awadh Bihari	1.524	0.000
AR Grit Industries	0.259	0.000
Balwan Singh	0.900	0.000
Damyanti Chaudhry	0.416	0.000
Jai Bhole BuildersC/o Jagjeet Chauhan	0.300	0.000
Lalit Enterprises	0.200	0.000
O P Chaudhry	2.762	0.000
Saroj Chaudhary	3.893	0.000
Sat Parkash Khatri	3.000	0.000
Tirupati Infratech P Limited	6.450	8.300
Vinit Grover	1.275	0.500
V Tec Engibeers C/O Vinod Yadav	1.200	0.000
Total	22.179	8.800

Banking Relations :	--
Auditors :
Name :	Mukesh A Mittal and Company Chartered Accountant
Address :	307, ITL Tower, B – 09, Netaji Subhash Place, Pitampura, Delhi – 110034, India
PAN.:	AARFM4863E
Subsidiaries :	Tirupati Infratech Private limited, India (CIN: U45200DL2008PTC178147)

CAPITAL STRUCTURE

As on 31.03.2011

Authorised Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs.10/- each	Rs. 10.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10001	Equity Shares	Rs.10/- each	Rs. 0.100 million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		0.100	0.100	0.100
2] Share Application Money		32.000	32.000	18.350
3] Reserves & Surplus		10.092	4.877	0.000
4] (Accumulated Losses)		0.000	0.000	(0.609)
NETWORTH		42.192	36.977	17.841
LOAN FUNDS
1] Secured Loans		24.934	9.787	0.322
2] Unsecured Loans		22.179	8.800	0.000
TOTAL BORROWING		47.113	18.587	0.321
DEFERRED TAX LIABILITIES		0.370	0.000	0.000
TOTAL		89.675	55.564	18.162
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		62.270	37.799	0.562
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		3.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.067	0.051
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.150	1.798	1.798
	Sundry Debtors	15.969	0.000	0.000
	Cash & Bank Balances	2.171	0.571	0.018
	Other Current Assets	1.657	0.880	30.000
	Loans & Advances	51.626	37.065	5.000
Total Current Assets		71.573	40.314	36.816
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	26.717	0.000	0.000
	Other Current Liabilities	20.451	22.648	19.332
	Provisions	0.000	0.000	0.000
Total Current Liabilities		47.168	22.648	19.332
Net Current Assets		24.405	17.666	17.484
MISCELLANEOUS EXPENSES		0.000	0.032	0.065
TOTAL		89.675	55.564	18.162

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	58.878	6.170	0.000
		Other Income	0.010	0.000	0.052
		TOTAL	58.888	6.170	0.052
Less	EXPENSES
		Raw Material Consumed	21.034	0.000	0.000
		Operating Expenses	21.074	0.322	0.111
		Preliminary Expenses Written Off	0.033	0.033	0.030
		TOTAL	42.141	0.355	0.141
	PROFIT/LOSS BEFORE TAX, DEPRECIATION AND AMORTISATION		16.747	5.815	(0.089)
Less/ Add	DEPRECIATION/ AMORTISATION		9.029	0.343	0.289
	PROFIT/LOSS BEFORE TAX		7.718	5.472	(0.378)
Less	TAX		0.785	(0.015)	(0.058)
	PROFIT/LOSS AFTER TAX		6.933	5.487	(0.320)
	Earnings/Loss Per Share (Rs.)		2.16	1.71	(32.03)

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	11.77	88.93	61.54
Net Profit Margin (PBT/Sales)	(%)	13.11	88.68	726.92
Return on Total Assets (PBT/Total Assets}	(%)	10.78	13.57	1.03
Return on Investment (ROI) (PBT/Networth)		0.16	0.15	0.02
Debt Equity Ratio (Total Liability/Networth)		1.12	0.61	1.08
Current Ratio (Current Asset/Current Liability)		1.52	1.78	1.90

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	Yes
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	Yes
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	Yes
30) Major Shareholders, if available	Yes

Note: Registered office of the company has been shifted from 207, SFS Phas IV, Ashok Vihar, Delhi – 110052, India to the present address w.e.f. 01.02.2010

CURRENT WORKING:

The Business Activities were carried down during the year and accordingly the EPS of the Company has increased many folds. Tne directors are of the view that the business activities will grow more in the future.

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U45203DL2005PTC134238
Name of the company	HANUMAN INFRASTRUCTURE PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	I G/Floor, SFS Flats, Ashok Vihar, Phase IV, Delhi – 1100052, India Email: anjumittalca@yahoo.co.in
This form is for	Creation of charge
Type of charge	Movable property (not being pledge)
Particular of charge holder	TATA Capital Limited, One Forbes, Dr. VB Gandhi Marg, Fort, Mumbai – 400001, Maharashtra, India Email: shailesh.rajadhyaksha@tatacapital.com
Nature of instrument creating charge	Loan cum Hypothecation cum Guarantee Agreement No 7000080486 dated 30.06.2010 for Rs.3.500 Millions
Date of instrument Creating the charge	30.06.2010
Amount secured by the charge	Rs.3.500 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest Interest @ 5.70% per annum Terms of Repayment Agreement No 7000080486: Principal amount to be repaid in 23 Monthly installments of Rs.0.169 Millions payable on 3rd date of every month and first installment due on 03.08.2010 Margin Agreement No 7000080486-Rs.1.508 Millions Extent and Operation of the charge The loan together with all interest, costs, fees and expenses and all monies payable in terms of this Loan Agreement is secured by hypothecation of the Assets to the Loan Agreements.
Short particulars of the property or asset(s) charged (including complete address and location of the property)	Agreement No 7000080486 :Volvo Excavator EC-210B More Particularly Described In Item No.3

FIXED ASSETS

· Air Conditioner

· Volvo Machine

· Weighing Machine

· Car

· Honda City

· Crusher Machine

· Furniture and Fixture

· Electrical Equipments

· Transformer

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.53.64
UK Pound	1	Rs.86.42
Euro	1	Rs.69.28

INFORMATION DETAILS

Report Prepared by :

KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	4
--CREDIT LINES	1~10	5
--MARGINS	-5~5
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		42

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.