MIRA INFORM REPORT

Report Date :

18.09.2012

IDENTIFICATION DETAILS

Name :	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED
Formerly Known As :	JAJ Manufacturing Company Private Limited
Registered Office :	B-1/H-3, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi – 110044, Delhi
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	02.06.1994
Com. Reg. No.:	55-059370
Capital Investment / Paid-up Capital :	Rs. 9.954 Millions
CIN No.: [Company Identification No.]	U74899DL1994PTC059370
TAN No.: [Tax Deduction & Collection Account No.]	DELH01968B / DELH04422F
PAN No.: [Permanent Account No.]	AAACH3170K
Legal Form :	Private limited liability company.
Line of Business :	Manufacturer and Exporter of Sweets and Snacks, Processed Food Products.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

A (64)

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	USD 6900000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well established and a reputed company having good track. Financial position of the company appears to be sound. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments. The company can be considered good for normal 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 – June 30, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

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

INDIAN ECONOMIC OVERVIEW

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

EXTERNAL AGENCY RATING

Rating Agency Name	ICRA
Rating	A1+ (Short Term)
Rating Explanation	Highest credit quality. It carry the lowest credit risk.
Date	16.02.2012

Rating Agency Name	ICRA
Rating	A+ (Long Term)
Rating Explanation	Adequate credit quality. It carries average credit risk.
Date	16.02.2012

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

LOCATIONS

Registered Office / Factory 1 :	B-1/H-3, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi – 110044, India
Tel. No.:	91-11-28898010 / 11
Fax No.:	91-11-28898014 / 16
E-Mail :	haldirams@vsnl.com mla_haldiram@yahoo.com hmfg@vsnl.com manufacturing@haldiram.com
Website :	http://www.haldiram.com
Location :	Industrial
Factory 2 :	Village Kherki Daula, Delhi Jaipur Highway, Gurgaon – 122001, Haryana, India
Tel. No.:	91-124-2214141 to 2214146
Fax No.:	91-124-2214147
E-Mail :	manufacturinggn2@haldiram.com
Location :	Industrial – Owned
Factory 3 :	B-1/F-12, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi – 110044, India
Tel. No.:	91-11-28898019 / 26959976 / 26959970/ 26959031/ 097 / 55601134/35
Fax No.:	91-11-28898023 / 26959795 / 26959826 / 26959085
E-Mail :	Manufacturingf12@haldiram.com
Location :	Industrial – Owned

DIRECTORS

AS ON 30.09.2011

Name :	Mr. Manohar Lal Aggarwal
Designation :	Managing Director
Address :	J-15, Block-J, Hauz Khas Enclave, New Delhi-110016, India
Date of Birth/Age :	30.10.1954
Date of Appointment :	17.12.1994
DIN No.:	00290780

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	U74899DL1989PTC037732	HALDIRAM SNACKS PRIVATE LIMITED	Managing director	18/09/1989	18/09/1989	-	Active	NO
2	U74899DL1982PTC013296	HALDIRAM MARKETING PRIVATE LIMITED	Director	22/02/1992	22/02/1992	-	Active	NO
3	U74899DL1992PTC047164	HRB FOODS PRIVATE LIMITED	Director	14/06/1993	14/06/1993	-	Active	NO
4	U74899DL1993PTC055846	HALDIRAM EXPORTS PRIVATE LIMITED	Director	29/10/1993	29/10/1993	-	Active	NO
5	U74899DL1994PTC059370	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED	Managing director	17/12/1994	17/12/1994	-	Active	NO
6	U74899DL1995PTC071180	HALDIRAM INDIA PRIVATE LIMITED	Director	27/07/1995	27/07/1995	-	Active	NO
7	U30007DL1996PTC082326	BAYANA INTECH PRIVATE LIMITED	Director	01/06/1998	01/06/1998	21/09/2011	Active	NO
8	U74899DL1985PTC021855	M .R . EQUIPMENT AND WARCHOUSING PRIVATE LIMITED	Director	05/07/1999	05/07/1999	-	Active	NO
9	U15138DL2005PTC135999	ORRIS FOODS PRIVATE LIMITED	Director	09/05/2005	09/05/2005	21/01/2012	Active	NO
10	U72200DL2005PTC137086	HRB SOFTECH PRIVATE LIMITED	Director	02/06/2005	02/06/2005	-	Active	NO
11	U85110DL2006PTC154782	ALPINE MEDICARE PRIVATE LIMITED	Director	14/10/2006	14/10/2006	-	Active	NO
12	U15202DL2006PTC155907	SHARP FOODS PRIVATE LIMITED	Director	27/11/2006	27/11/2006	-	Active	NO
13	U01520DL2006PTC155932	HARMONY AGROTECH PRIVATE LIMITED	Director	27/11/2006	27/11/2006	-	Active	NO
14	U01520DL2006PTC155931	BRIGHT AGROTECH PRIVATE LIMITED	Director	27/11/2006	27/11/2006	-	Active	NO
15	U45200DL2008PTC176164	DOYEN TOWN PLANNERS PRIVATE LIMITED	Additional director	26/04/2008	26/04/2008	23/03/2009	Active	NO
16	U70109DL2008PTC176175	BLUEJAYS REALTECH PRIVATE LIMITED	Director	26/09/2009	25/09/2008	24/03/2010	Active	NO
17	U72200DL1997PTC195154	SELECTICA INDIA PRIVATE LIMITED	Director	12/09/2009	12/09/2009	-	Amalgamated	NO
18	U25209DL2006PTC155132	DELITE PRODUCTS PRIVATE LIMITED	Director	30/09/2010	03/04/2010	-	Active	NO
19	U70109DL2007PTC158116	ADHUNIK REALATORS PRIVATE LIMITED	Director	28/09/2011	29/04/2010	-	Active	NO
20	U70109DL2006PTC152118	CREST DEVELOPERS PRIVATE LIMITED	Director	28/09/2010	31/05/2010	-	Active	NO
21	U70200DL2010PTC204801	GREEN BAY INFRASTRUCTURE PRIVATE LIMITED	Director	25/06/2010	25/06/2010	-	Active	NO
22	U15122DL2003PTC122260	HALDIRAM ETHNIC FOODS PRIVATE LIMITED	Additional director	09/01/2012	02/07/2010	-	Active	NO
23	U15410DL2011PTC214258	HR SNACKS PRIVATE LIMITED	Director	17/02/2011	17/02/2011	-	Active	NO
24	U24232DL2012PTC232663	HR LIFECARE PRIVATE LIMITED	Director	12/03/2012	12/03/2012	-	Active	NO
25	U72900DL2012PTC229794	P.D. TECHSPACE PRIVATE LIMITED	Additional director	18/05/2012	18/05/2012	-	Active	NO

Name :	Mr. Pankaj Aggarwal
Designation :	Managing Director
Address :	J-15, Block-J, Hauz Khas Enclave, New Delhi-110016, India
Date of Birth/Age :	01.04.1977
Date of Appointment :	31.03.1997
DIN No.:	00011384

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U74899DL1994PTC059370	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED	Managing director	01/04/2006	31/03/1997	Active	NO
2	U15100MH1993PLC074269	NIRAJ SNACKS LIMITED	Director	08/12/2004	08/12/2004	Amalgamated	NO
3	U72200DL2005PTC137086	HRB SOFTECH PRIVATE LIMITED	Director	02/06/2005	02/06/2005	Active	NO
4	U74899DL1989PTC037732	HALDIRAM SNACKS PRIVATE LIMITED	Whole-time director	01/08/2011	01/07/2006	Active	NO
5	U01520DL2006PTC155931	BRIGHT AGROTECH PRIVATE LIMITED	Director	27/11/2006	27/11/2006	Active	NO
6	U70109DL2006PTC152118	CREST DEVELOPERS PRIVATE LIMITED	Director	28/09/2010	31/05/2010	Active	NO
7	U15410DL2011PTC214258	HR SNACKS PRIVATE LIMITED	Director	17/02/2011	17/02/2011	Active	NO
8	U24232DL2012PTC232663	HR LIFECARE PRIVATE LIMITED	Additional director	13/03/2012	13/03/2012	Active	NO

Name :	Mr. Anand Aggarwal
Designation :	Whole Time Director
Address :	J-15, Block-J, Hauz Khas Enclave, New Delhi-110016, India
Date of Birth/Age :	18.03.1978
Date of Appointment :	01.06.1999
DIN No.:	00014112

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L74899DL1985PLC019991	SURYA INDIA LIMITED	Director	30/09/1998	30/09/1998	22/12/2010	Active	NO
2	U74899DL1994PTC059370	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED	Whole-time director	01/06/1999	01/06/1999	-	Active	NO
3	U74899DL1989PTC037732	HALDIRAM SNACKS PRIVATE LIMITED	Managing director	01/04/2003	01/04/2003	-	Active	NO
4	U01520DL2006PTC155931	BRIGHT AGROTECH PRIVATE LIMITED	Director	25/02/2008	25/02/2008	-	Active	NO
5	U72200DL1997PTC195154	SELECTICA INDIA PRIVATE LIMITED	Additional director	04/12/2009	04/12/2009	-	Amalgamated	NO
6	U70109DL2007PTC158116	ADHUNIK REALATORS PRIVATE LIMITED	Director	28/09/2011	29/04/2010	-	Active	NO
7	U15122DL2003PTC122260	HALDIRAM ETHNIC FOODS PRIVATE LIMITED	Additional director	09/01/2012	02/07/2010	-	Active	NO
8	U24232DL2012PTC232663	HR LIFECARE PRIVATE LIMITED	Director	12/03/2012	12/03/2012	-	Active	NO
9	U72900DL2012PTC229794	P.D. TECHSPACE PRIVATE LIMITED	Additional director	18/05/2012	18/05/2012	-	Active	NO

Name :	Mr. Ashish Aggarwal
Designation :	Director
Address :	J-15, Block-J, Hauz Khas Enclave, New Delhi-110016, India
Date of Birth/Age :	07.04.1983
Date of Appointment :	01.07.2006
DIN No.:	00011486

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Date of cessation	Company/ LLP Status	Defaulting status
1	L74899DL1985PLC019991	SURYA INDIA LIMITED	Director	15/01/2002	15/01/2002	22/12/2010	Active	NO
2	U74899DL1989PTC037732	HALDIRAM SNACKS PRIVATE LIMITED	Whole-time director	01/04/2004	01/04/2004	-	Active	NO
3	U74899DL1994PTC059370	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED	Director	01/07/2006	01/07/2006	-	Active	NO
4	U01520DL2006PTC155932	HARMONY AGROTECH PRIVATE LIMITED	Director	27/11/2006	27/11/2006	-	Active	NO
5	U01520DL2006PTC155931	BRIGHT AGROTECH PRIVATE LIMITED	Director	25/02/2008	25/02/2008	-	Active	NO
6	U24232DL2012PTC232663	HR LIFECARE PRIVATE LIMITED	Additional director	13/03/2012	13/03/2012	-	Active	NO
7	U15122DL2003PTC122260	HALDIRAM ETHNIC FOODS PRIVATE LIMITED	Additional director	01/05/2012	01/05/2012	-	Active	NO
8	U72900DL2012PTC229794	P.D. TECHSPACE PRIVATE LIMITED	Additional director	18/05/2012	18/05/2012	-	Active	NO

Name :	Mr. Satish Kumar Jain
Designation :	Director
Address :	Z-9, Hauz Khas, New Delhi – 110016, India
Date of Birth/Age :	10.05.1953
Date of Appointment :	08.01.2007
DIN No.:	00014135

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U74899DL1982PTC013296	HALDIRAM MARKETING PRIVATE LIMITED	Director	01/08/2005	01/08/2005	Active	NO
2	U74899DL1994PTC059370	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED	Director	08/01/2007	08/01/2007	Active	NO
3	U01520DL2006PTC155931	BRIGHT AGROTECH PRIVATE LIMITED	Director	25/02/2008	25/02/2008	Active	NO

Name :	Mr. Mahendra Kumar Lodha
Designation :	Directors
Address :	House No.188/4, Ward No.9, Sector No.4, Gurgaon- 122 001, Haryana, India
Date of Birth/Age :	10.11.1956
Date of Appointment :	08.01.2007
DIN No.:	01187691

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U74899DL1994PTC059370	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED	Director	08/01/2007	08/01/2007	Active	NO
2	U01520DL2006PTC155931	BRIGHT AGROTECH PRIVATE LIMITED	Director	25/02/2008	25/02/2008	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2011

Names of Shareholders	No. of Shares
Manohar Lal Aggarwal	80333
Anand Aggarwal	70666
Manju Aggarwal	43833
Sumitra Aggarwal	90060
Umesh Aggarwal	63800
Pankaj Aggarwal	76833
Madhusudan Aggarwal	67250
Amit Aggarwal	38725
Amisha Aggarwal	70000
Preeti Aggarwal	70000
Ashish Aggarwal	59616
Manohar Lal Aggarwal [HUF]	10000
Madhusudan Aggarwal [HUF]	82500
Haldiram Marketing Private Limited, India	73166
Haldiram Exports Private Limited, India	91666
Haldiram India Private Limited, India	3666
Punita Aggarwal	166
Lokesh Mohan Aggarwal	166
Priyanka Agarwal	1000
Ritu Agarwal	1000
Himani Agarwal	1000
TOTAL	995446

AS ON 30.09.2011

Equity Shares Break Up	Percentage of Holding
Bodies corporate	16.93
Directors or relatives of Directors	73.74
Other top fifty shareholders	9.33
TOTAL	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Sweets and Snacks, Processed Food Products.
Products :	Indian Snacks Plain Bhujia Masala Bhujia Lemon Masala Cornflakes Mixture Kashmiri Mixture Cashew nut mixture Pancharattan Khatta Meetha Bombay Mix Navrattan All in One Indian Sweets · Soan Cake Karachi Halwa Rasgulla Gulab Jamun Kalam Petha Rajbhog Kesar Rasbhari Cham Cham Kesar Ganderi Papads Pani Puri Bhel Puri Chips Boletos – Chips Takatak – Chips Whoopies – Chips

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· ICICI Bank Limited, Land Markrace Cource, Circle, Alkapuri, Baroda-390015, Gujarat, India

· Lord Krishna Bank Limited, Global Business Park, Tower A GF-02, Gurgaon – 121001, Haryana, India

Facilities :

Secured Loan	Rs. In Millions 31.03.2011	Rs. In Millions 31.03.2010
Rupee term loans secured
Rupee term loans banks secured	121.683	196.102
Working capital loans secured
Working capital loans banks secured	217.000	119.600
Loans taken for fixed assets secured
Loans taken for vehicles secured	1.803	3.282
TOTAL	340.486	318.984

Banking Relations :	--
Auditors :
Name :	P R Kumar and Company Chartered Accountants
Address :	U-2, Green Park Main, New Delhi – 110016, India
Tel. No.:	91-11-26514446 / 7
Fax No.:	91-11-26861361
E-Mail :	pagarwal@vsnl.com
PAN No.:	AAEFP8470B
Associates :	· M.R. Equipment and Warehousing Private Limited CIN NO.: - U74899DL1985PTC021855 · Haldiram Marketing Private Limited CIN NO.: - U74899DL1982PTC013296 · Haldiram Snacks Private Limited CIN NO.: - U74899DL1989PTC037732 · Adhunik Realtors (Private) Limited CIN NO.: - U70109DL2007PTC158116 · Surya India Limited CIN NO.: - L74899DL1985PLC019991 · Bright Agrotech Private Limited · Crest Developers Private Limited · Haldiram Overseas Limited · Harmony Agrotech Private Limited · HRB Foods Private Limited · Alpine Medicare Private Limited · HRB Softech Private Limited · Sharp Foods Private Limited · Coral Products Private Limited · HR Snacks Private Limited · Aesthetic Garments Private Limited · Haldiram India Private Limited · Haldiram Products Private Limited · Haldiram Trading Private Limited · Haldiram Exports Private Limited

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
995446	Equity Shares	Rs.10/- each	Rs. 9.954 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		9.954	9.954	9.954
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		1729.450	1334.555	1036.874
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		1739.404	1344.509	1046.828
LOAN FUNDS
1] Secured Loans		340.486	318.984	387.710
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		340.486	318.984	387.710
DEFERRED TAX LIABILITIES		18.363	21.723	16.629
TOTAL		2098.253	1685.216	1451.167
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		880.894	904.895	866.703
Capital work-in-progress		195.631	97.102	53.662
INVESTMENT		290.606	257.881	270.961
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	137.368	134.509	90.038
	Sundry Debtors	196.153	95.851	82.771
	Cash & Bank Balances	71.827	45.044	14.637
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	589.682	366.876	589.963
Total Current Assets		995.030	642.280	777.409
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	90.971	109.578	78.002
	Other Current Liabilities	105.640	54.420	48.560
	Provisions	67.297	52.944	391.069
Total Current Liabilities		263.908	216.942	517.631
Net Current Assets		731.122	425.338	259.778
MISCELLANEOUS EXPENSES		0.000	0.000	0.063
TOTAL		2098.253	1685.216	1451.167

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Income	5142.694	4427.479	3916.211
		Other Income
		TOTAL	5142.694	4427.479	3916.211
Less	EXPENSES
		Office Expenses	4483.385	3889.219	3421.789
		Administrative Expenses
		Advertising Expenses
		TOTAL	4483.385	3889.219	3421.789
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		659.309	538.260	494.422
Less/ Add	DEPRECIATION/ AMORTISATION		61.498	63.679	57.523
	PROFIT BEFORE TAX		597.811	474.581	436.899
Less	TAX		202.917	176.899	134.534
	PROFIT AFTER TAX		394.894	297.682	302.365
	IMPORTS
		Raw Materials	20.238	29.897	8.882
		Stores & Spares	4.120	0.418	0.107
		Capital Goods	6.237	29.585	14.554
	TOTAL IMPORTS		30.595	59.900	23.543
	Earnings Per Share (Rs.)		397	299	304

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	7.68	6.72	7.72
Return on Total Assets (PBT/Total Assets}	(%)	31.87	30.67	26.57
Return on Investment (ROI) (PBT/Networth)		0.34	0.35	0.42
Debt Equity Ratio (Total Liability/Networth)		0.36	0.41	0.88
Current Ratio (Current Asset/Current Liability)		3.77	2.96	1.50

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	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)	Yes
21]	Market information	-----
22]	Litigations that the firm / promoter involved in	-----
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
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

FINANCIAL PERFORMANCE REVIEW

The company managed to increase the total turnover of the Company from Rs. 4414.807 Millions in the last financial year to Rs. 5376.147 Millions during the financial year 2010-11 amounting to an increase of 21.78% in the turnover of the Company.

FORM 8

Corporate identity number of the company	U74899DL1994PTC059370
Name of the company	HALDIRAM MANUFACTURING COMPANY PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	B-1/H-3, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi – 110044, India
This form is for	Creation of charge
Type of charge	· Immovable property · Any interest in immovable property
Particular of charge holder	ICICI Bank Limited, Land Markrace Cource, Circle, Alkapuri, Baroda-390015, Gujarat, India
Nature of instrument creating charge	Sanction letter dated 28th April 2012, for (Rs 420.000 Millions) towards Home Loan
Date of instrument Creating the charge	28.04.2012
Amount secured by the charge	Rs. 420.0000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of interest I-Base As Publicly Notified From Time To Time Plus Margin of 0.85% = 10.60%P.A. (9.75%+0.85%) Subject to change in IBASE. Current I base is 9.75% Terms of repayment Repayable with Emi of Rs. 5.691 millions /- payable monthly for 120 months Margin As Per Sanction Letter Extent and operation of the charge First And Exclusive Charge Over The Property Situated At Plot No 8, Street No 4 Shanti Niketan, New Delhi 110011 Other Personal Guarantee Of Directors
Short particulars of the property charged (Including location of the property)	First And Exclusive Charge Over The Property Situated At Plot No 8, Street No 4, Shanti Niketan, New Delhi - 110011

FIXED ASSETS

· Land

· Building

· Air Conditioner

· Plant and Machinery

· Fire Control Equipments

· Tools and Utensisls

· Furniture and Fixtures

· Vehicles

· Electrical Installation

· Computer

· Computer Software

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. 53.97
UK Pound	1	Rs. 87.52
Euro	1	Rs. 70.84

INFORMATION DETAILS

Report Prepared by :

DPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	8
--PROFITABILIRY	1~10	8
--LIQUIDITY	1~10	8
--LEVERAGE	1~10	7
--RESERVES	1~10	8
--CREDIT LINES	1~10	7
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
TOTAL		64

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.