1. Summary Information

		Country	India
Company Name	KAY DEE COMMUNICATIONS PRIVATE LIMITED	Principal Name 1	Mr. Harprit Singh Kohli
Status	Slow But Correct	Principal Name 2	Mr. Gagandeep Kohli
		Registration #
Street Address	C5A/118, Janak Puri, New Delhi – 110058, Delhi, India
Established Date	15.01.2009	SIC Code	--
Telephone#	Not Available	Business Style 1	Distributor
Fax #	Not Available	Business Style 2	Dealer
Homepage	Not Available	Product Name 1	Mobile Phones
# of employees	Not Available	Product Name 2	-
Paid up capital	Rs.4,600,000/-	Product Name 3	-
Shareholders	Directors or relatives of directors 100%	Banking
Public Limited Corp.	No	Business Period	3 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	B (28)
Related Company
Relation	Country	Company Name	CEO
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2011		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	19,106,000	Current Liabilities	8,472,000
Inventories	27,154,000	Long-term Liabilities	23,847,000
Fixed Assets	392,000	Other Liabilities	1,078,000
Deferred Assets	0,000	Total Liabilities	33,397,000
Invest& other Assets	81,000	Retained Earnings	8.736,000
		Net Worth	13,336,000
Total Assets	46,733,000	Total Liab. & Equity	46,733,000
Total Assets (Previous Year)	16,769,000
P/L Statement as of	31.03.2011		(Unit: Indian Rs.)
Sales	608,142,000	Net Profit	2,826,000
Sales(Previous yr)	608,312,000	Net Profit(Prev.yr)	1,091,000

MIRA INFORM REPORT

Report Date :

28.05.2012

IDENTIFICATION DETAILS

Name :	KAY DEE COMMUNICATIONS PRIVATE LIMITED
Registered Office :	C5A/118, Janak Puri, New Delhi – 110058, Delhi
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	15.01.2009
Com. Reg. No.:	55-186686
Capital Investment/ Paid-up Capital:	Rs.4.600 Millions
CIN No.: [Company Identification No.]	U32202DL2009PTC186686
TAN No.: [Tax Deduction & Collection Account No.]	DELK09991C
PAN No.: [Permanent Account No.]	AADCK5718M
Legal Form :	Private Limited Liability Company
Line of Business :	Dealer and Distributors of Mobile Phones With Samsung
No. of Employees:	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (28)

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

Maximum Credit Limit :	USD 53000
Status :	Moderate
Payment Behaviour :	Slow But Correct
Litigation :	Clear
Comments :	Subject is and established company having moderate track. profitability appears to be low. However, trade relations are reported as fair. Business is active. Payments are reported to be slow but correct The company can considered for business dealings with some cautions.

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 :	C5A/118, Janak Puri, New Delhi – 110058, Delhi, India
Tel. No.:	Not Available
Mobile No.:	91-9810860050(Gagandeep Kohli) 91-9999611699(Harprit Kohli)
Fax No.:	Not Available
E-Mail :	malhotra_vijay@hotmail.com
Head Office:	H -14, Sector -63, Noida -201307, Uttar Pradesh, India

DIRECTORS

As on 30.09.2011

Name :

Mr. Harprit Singh Kohli

Designation :

Director

Address :

B – 7, Sector -41, Noida, Gautam Budh Nagalr, -201301, Uttar Pradesh, India

Date of Birth/Age :

14.10.1980

Date of Appointment :

15.01.2009

Din No.:

01627819

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	U18101DL2004PTC131161	KAY DEE CREATIONS PRIVATE LIMITED	Director	10/12/2004	10/12/2004	-	Active	NO
2	U51909DL1996PTC083118	KAY DEE AUDIOVISIONS PRIVATE LIMITED	Director	1/4/2006	1/4/2006	-	Active	NO
3	U32202DL2009PTC186686	KAY DEE COMMUNICATIONS PRIVATE LIMITED	Director	15/01/2009	15/01/2009	-	Active	NO

Name :

Mr. Kawaljit Kaur

Designation :

Director

Address :

B – 7, Sector -41, Noida, Gautam Budh Nagalr, -201301, Uttar Pradesh, India

Date of Birth/Age :

13.09.1955

Date of Appointment :

15.01.2009

Din No.:

01627845

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	U51909DL1996PTC083118	KAY DEE AUDIOVISIONS PRIVATE LIMITED	Director	15/11/1996	15/11/1996	-	Active	NO
2	U18101DL2004PTC131161	KAY DEE CREATIONS PRIVATE LIMITED	Director	10/12/2004	10/12/2004	-	Active	NO
3	U32202DL2009PTC186686	KAY DEE COMMUNICATIONS PRIVATE LIMITED	Director	15/01/2009	15/01/2009	-	Active	NO

Name :

Mr. Gagandeep Kohli

Designation :

Director

Address :

B – 7, Sector -41, Noida, Gautam Budh Nagalr, -201301, Uttar Pradesh, India

Date of Birth/Age :

16.01.2009

Date of Appointment :

15.01.2009

Din No.:

02476344

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	U18101DL2004PTC131161	KAY DEE CREATIONS PRIVATE LIMITED	Director	10/12/2004	10/12/2004	-	Active	NO
2	U51909DL1996PTC083118	KAY DEE AUDIOVISIONS PRIVATE LIMITED	Director	1/4/2006	1/4/2006	-	Active	NO
3	U32202DL2009PTC186686	KAY DEE COMMUNICATIONS PRIVATE LIMITED	Director	16/01/2009	16/01/2009	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2011

Names of Shareholders	No. of Shares
Mr. Harprit Singh Kohli	234600
Mr. Kawaljit Kaur	225400
Total	460000

As on 30.09.2011

Equity Shares Break up

Category	Percentage
Directors or relatives of directors	100.00

BUSINESS DETAILS

Line of Business :

Dealer and Distributors of Mobile Phones With Samsung

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Union Bank of India, Sector -29, Noida -201301, Uttar Pradesh, India

Facilities :

Rs. in Millions

SECUREDLOAN	31.03.2011	31.03.2010
Cash Credit form (Union Bank of India) (Secured Against Hypothecation of Stock and Debtors	19.272	0.000

UNSECUREDLOAN	31.03.2011	31.03.2010
From Share holders and Directors	4.575	4.575

Banking Relations :	--
Auditors :
Name :	P. M and Associates Chartered Accountant
Address :	307, Kitideep Building, DDA Commercial Complex, Nangal Raya, New Delhi – 110066, Delhi, India
Tel. No.:	91-11-28524691
E-Mail :	pmandassiciates@hotmail.com
Pan No.:	AAAFP8965D

CAPITAL STRUCTURE

Authorised Capital :

No. of Shares	Type	Value	Amount
500000	Equity Share	Rs.10/- each	Rs.5.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
460000	Equity Share	Rs.10/- each	Rs.4.600 Millions

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		4.600	1.000	1.000
2] Share Application Money		0.000	9.000	9.000
3] Reserves & Surplus		8.736	1.410	0.319
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		13.336	11.410	10.319
LOAN FUNDS
1] Secured Loans		19.272	0.000	0.000
2] Unsecured Loans		4.575	4.575	5.250
TOTAL BORROWING		23.847	4.575	5.250
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		37.183	15.985	15.569
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.392	0.437	0.075
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	27.154	3.338	5.355
	Sundry Debtors	15.633	5.183	2.624
	Cash & Bank Balances	0.155	4.507	7.474
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	3.318	3.284	0.391
Total Current Assets		46.260	16.312	15.844
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	8.472	0.064	0.236
	Other Current Liabilities	1.078	0.720	0.140
	Provisions
Total Current Liabilities		9.550	0.784	0.376
Net Current Assets		36.710	15.528	15.468
MISCELLANEOUS EXPENSES		0.081	0.020	0.026
TOTAL		37.183	15.985	15.569

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2011	31.03.2010	31.03.2009
	SALES	608.142	506.312	NA
Less	EXPENSES	NA	NA	NA
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	2.971	1.612	0.457
Less/ Add	DEPRECIATION/ AMORTISATION	0.045	0.021	0.001
	PROFIT BEFORE TAX	2.926	1.591	0.456
Less	TAX	1.000	0.500	0.137
	PROFIT AFTER TAX	2.826	1.091	0.319
Add	Deferred Tax Liability Reserve	0.000	0.008	0.006
	Balance Carried over to Balance Sheet	2.826	1.083	0.313

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
Net Profit Margin (PBT/Sales)	(%)	0.48	0.26	0.08
Return on Total Assets (PBT/Total Assets}	(%)	6.40	9.50	2.86
Return on Investment (ROI) (PBT/Networth)		0.22	0.14	0.04
Debt Equity Ratio (Total Liability/Networth)		2.50	0.47	0.55
Current Ratio (Current Asset/Current Liability)		4.84	1.05	42.14

LOCAL AGENCY FURTHER INFORMATION

Check List by Info Agents	Available in Report [Yes/No]
Year of Establishment	Yes
Locality of the Firm	Yes
Constitution of the firm	Yes
Premises details	No
Type of Business	Yes
Line of Business	Yes
Promoters background	Yes
No. of Employees	No
Name of Person Contacted	No
Designation of contact person	No
Turnover of firm for last three years	Yes
Profitability for last three years	Yes
Reasons for variation <> 20%	-
Estimation for coming financial year	-
Capital the business	Yes
Details of sister concerns	No
Major Suppliers	No
Major Customers	No
Payment Terms	No
Export / Import Details [If Applicable]	No
Market Information	-
Litigations that the firm / promoter involved in	-
Banking Details	Yes
Banking Facility Details	Yes
Conduct of the banking account	-
Buyer visit details	-
Financials, if provided	Yes
Incorporation details, if applicable	Yes
Last accounts filed at ROC	Yes
Major Shareholders, if applicable	Yes

Operating Results:

The company has attained as Sales turnover of Rs.608.142 Millions as against Rs.608.312 Millions in previous year

Form 8:

Corporate identity number of the company	U32202DL2009PTC186686
Name of the company	KAY DEE COMMUNICATIONS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	C5A/118, Janak Puri, New Dlehi – 110058, Delhi, India Email: malhotra_vijay@hotmail.com
This form is for	Creation of charge
Type of charge	· Immovable property · Book Debts · Others
Particular of charge holder	Union Bank of India, Sector -29, Noida -201301, Uttar Pradesh, India Email: asinghca2002@gmail.com
Nature of description of the instrument creating or modifying the charge	Hypothecation Agreement Of Goods And Debts (Sd-06)
Date of instrument Creating the charge	04.03.2011
Amount secured by the charge	Rs.20.000 Millions
Brief particulars of the principal terms an conditions and extent and operation of the charge	Rate of Interest Base Rate + 4.25 = 9.50 + 4.25 = 13.75% Terms of Repayment Repayable on Demand Margin 25% Extent and Operation of the charge Repayable on Demand
Short particulars of the property charged	Stock Book Debts Land and Building at H -14, Sector -63, Noida -201301, Uttar Pradesh, India

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.55.73
UK Pound	1	Rs.87.26
Euro	1	Rs.69.89

INFORMATION DETAILS

Report Prepared by :

BYI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
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	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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		28

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.