1. Summary Information

		Country	India
Company Name	JB FABINFRA PRIVATE LIMITED	Principal Name 1	Mr. Rajeev Jain
Status	Yet to commence commercial operation	Principal Name 2	Mr. Azad Kumar Bhura
		Registration #	55-208731
Street Address	907, Bhikaiji Cama Bhavan, Bhikaiji Cama Place, New Delhi-110066
Established Date	24.09.2010	SIC Code	--
Telephone#	Not Available	Business Style 1	Manufacturer
Fax #	Not Available	Business Style 2	--
Homepage	legalmcafilling@gmail.com	Product Name 1	Ferrous Metal
# of employees	Not Available	Product Name 2	Non Ferrous Metal
Paid up capital	Rs. 100,000/-	Product Name 3	--
Shareholders	Bodies corporate – 50% Directors or relatives of Directors – 50%	Banking	HDFC Bank
Public Limited Corp.	No	Business Period	3 Years
IPO	No	International Ins.	-
Public Enterprise	No	Rating	Ca (11)
Related Company
Relation	Country	Company Name	CEO
Holding Company	India	Dharod Construction Private Limited	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2012		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	16,935,000	Current Liabilities	41,986,000
Inventories	34,671,000	Long-term Liabilities	72,249,000
Fixed Assets	57,457,000	Other Liabilities	3,086,000
Deferred Assets	0,000	Total Liabilities	117,321,000
Invest& other Assets	32,768,000	Retained Earnings	(4,041,000)
		Net Worth	24,510,000
Total Assets	141,831,000	Total Liab. & Equity	141,831,000
Total Assets (Previous Year)	116,000
P/L Statement as of	31.03.2012		(Unit: Indian Rs.)
Sales	0,000	Net Profit / (Loss)	(4,042,000)
Sales(Previous yr)	0,000	Net Profit(Prev.yr)	0,000

MIRA INFORM REPORT

Report Date :

04.04.2013

IDENTIFICATION DETAILS

Name :	JB FABINFRA PRIVATE LIMITED (w.e.f. 26.03.2012)
Formerly Known As :	UBJ INFRA PRIVATE LIMITED (w.e.f. 09.06.2011) KAVERI BUILDHOME PRIVATE LIMITED
Registered Office :	907, Bhikaiji Cama Bhavan, Bhikaiji Cama Place, New Delhi-110066
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	24.09.2010
Com. Reg. No.:	55-208731
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U70200DL2010PTC208731
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of Ferrous and Non Ferrous Metals, Steels, bimetal product, cement sheets etc
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Yet to commence commercial operation
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Even though the company was incorporated in the year 2010. It is yet to commence its commercial operation. The company has recorded some preoperative expenses. Payment terms are unknown. The company can be considered for business dealings on a secured trade terms and condition.

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

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 :	907, Bhikaiji Cama Bhavan, Bhikaiji Cama Place, New Delhi-110066, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	legalmcafilling@gmail.com

DIRECTORS

AS ON 28.09.2012

Name :	Mr. Rajeev Jain
Designation :	Director
Address :	1885A/139A, Tri Nagar, Delhi-110035, India
Date of Birth/Age :	18.03.1972
Date of Appointment :	04.04.2011
DIN No.:	00053627

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	U74899DL1996PTC079010	YNO FINVEST PRIVATE LIMITED	Director	30/09/2005	30/09/2005	-	Active	NO
2	U45201DL2006PTC146532	CALLOW BUILDMART PRIVATE LIMITED	Director	10/08/2007	23/02/2006	-	Active	NO
3	U45201DL2006PTC147331	SUKHDHAM BUILDCON PRIVATE LIMITED	Director	13/03/2006	13/03/2006	-	Active	NO
4	U45201DL2006PTC147337	KUNDLI BUILDERS PRIVATE LIMITED	Director	13/03/2006	13/03/2006	-	Active	NO
5	U45201DL2006PTC147883	SNOW VIEW BUILDCON PRIVATE LIMITED	Director	25/03/2006	25/03/2006	-	Active	NO
6	U70101DL2006PTC148363	MOUNTAIN TOUCH BUILDERS PRIVATE LIMITED	Director	13/04/2006	13/04/2006	-	Active	NO
7	U45201DL2005PTC138601	GREEN CITY INFRASTRUCTURE PRIVATE LIMITED	Director	27/09/2007	21/08/2006	-	Active	NO
8	U67120DL2006PTC152814	ZURICH SECURITIES PRIVATE LIMITED	Director	26/09/2007	25/09/2006	31/03/2008	Active	NO
9	U70109DL2006PTC154834	SAARTHI BUILDWELL PRIVATE LIMITED	Director	29/09/2007	28/05/2007	-	Active	NO
10	U45201DL2005PTC140023	JINDAL REALTY PRIVATE LIMITED	Director	28/09/2007	20/07/2007	-	Active	NO
11	U93030DL2006PTC152586	ACHIEVERS MANPOWER SERVICES PRIVATE LIMITED	Director	29/09/2007	09/08/2007	-	Active	NO
12	U51909DL2006PTC144489	SARDA MERCHANDISE PRIVATE LIMITED	Additional director	17/10/2007	17/10/2007	14/04/2008	Active	NO
13	U70101DL2006PTC148413	SARDA HEIGHTS AND DALES PRIVATE LIMITED	Additional director	28/10/2007	28/10/2007	14/04/2008	Active	NO
14	U40300DL1989PLC035213	GAGAN INFRAENERGY LIMITED	Director	25/07/2008	22/11/2007	03/07/2011	Active	NO
15	U45203DL2006PTC146478	TRISHAKTI REAL ESTATE INFRASTRUCTURE AND DEVELOPERS PRIVATE LIMITED	Director	29/09/2008	26/02/2008	-	Active	NO
16	U45400DL2008PTC173688	CITIZEN BUILDWELL PRIVATE LIMITED	Director	24/06/2008	24/06/2008	-	Active	NO
17	U93091DL2006PTC151686	BMS CERTIFICATION PRIVATE LIMITED	Additional director	28/02/2009	28/02/2009	-	Active	NO
18	U40101AR2009PLC008275	ETALIN HYDRO ELECTRIC POWER COMPANY LIMITED	Director	16/05/2009	16/05/2009	09/11/2009	Active	NO
19	U40101AR2009PLC008276	ATTUNLI HYDRO ELECTRIC POWER COMPANY LIMITED	Director	19/05/2009	19/05/2009	09/11/2009	Active	NO
20	U70102DL2009PTC186551	MOONSTONE REALCON PRIVATE LIMITED	Director	05/07/2010	10/07/2009	-	Active	NO
21	U70200DL2009PTC186850	AGLOW REALTECH PRIVATE LIMITED	Director	15/07/2010	10/07/2009	-	Active	NO
22	U10100DL2010PLC199690	URTAN NORTH MINING COMPANY LIMITED	Director	04/03/2010	04/03/2010	-	Active	NO
23	U40102AR2010PLC008301	KAMALA HYDRO ELECTRIC POWER COMPANY LIMITED	Director	12/03/2010	12/03/2010	30/08/2010	Active	NO
24	U70100WB2005PTC103863	JAGRAN DEVELOPERS PRIVATE LIMITED	Director	20/09/2010	24/03/2010	-	Active	NO
25	U11200DL2008PLC173434	GAGAN POWER LIMITED	Director	10/09/2010	04/05/2010	-	Active	NO
26	U74899DL1995PLC066506	OPELINA FINANCE AND INVESTMENT LTD	Director	29/09/2010	04/05/2010	04/04/2011	Active	NO
27	U72900DL2008PLC178104	JINDAL INFOSOLUTIONS LIMITED	Director	22/09/2011	06/12/2010	-	Active	NO
28	U70200DL2010PTC208731	JB FABINFRA PRIVATE LIMITED	Director	31/12/2011	04/04/2011	-	Active	NO
29	U65923DL2011PTC213387	SANTOSH FINANCIAL ADVISORS PRIVATE LIMITED	Director	06/08/2012	21/04/2011	-	Active	NO
30	U65999DL2011PTC214086	AGRA PORTFOLIO PRIVATE LIMITED	Director	13/08/2012	21/04/2011	-	Active	NO
31	U65990DL2011PTC214084	YAMUNA PORTFOLIO PRIVATE LIMITED	Director	13/08/2012	21/04/2011	-	Active	NO
32	U70101DL2011PTC217430	MANALI TOWNSHIPS PRIVATE LIMITED	Director	27/09/2012	25/07/2011	-	Active	NO
33	U70100DL2011PTC224178	FAB INFRA PRIVATE LIMITED	Director	25/08/2011	25/08/2011	-	Active	NO
34	U40102DL2004PLC128381	AMBITIOUS POWER TRADING COMPANY LIMITED	Director	11/09/2012	28/11/2011	-	Active	NO
35	U70101DL2012PTC235849	ROHTAK TOWNSHIPS PRIVATE LIMITED	Director	15/05/2012	15/05/2012	-	Active	NO
36	U70102DL2012PTC235898	MURTHAL TOWNSHIPS PRIVATE LIMITED	Director	16/05/2012	16/05/2012	-	Active	NO
37	U70100DL2012PTC235891	BAHADURGARH TOWNSHIPS PRIVATE LIMITED	Director	16/05/2012	16/05/2012	-	Active	NO
38	U70109DL2012PTC235890	SONEPAT TOWNSHIPS PRIVATE LIMITED	Director	16/05/2012	16/05/2012	-	Active	NO
39	U70200DL2012PTC235986	PANIPAT PROJECTS PRIVATE LIMITED	Director	17/05/2012	17/05/2012	-	Active	NO
40	U70100DL2011PTC222174	HARYANA TOWNSHIPS PRIVATE LIMITED	Director	31/12/2012	06/07/2012	-	Active	NO
41	U74899DL1995PTC069862	VARDHMAN FINANCIAL SERVICES PRIVATE LIMITED	Director	14/12/2012	14/12/2012	-	Active	NO

Name :	Mr. Azad Kumar Bhura
Designation :	Director
Address :	38/41, 1^st Floor, Block-J, Bholanath Nagar, Shri Ram Colony, Shahdara, Delhi-110032, India
Date of Birth/Age :	02.01.1980
Date of Appointment :	04.04.2011
DIN No.:	00054143

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	U45201DL2006PTC146532	CALLOW BUILDMART PRIVATE LIMITED	Director	23/02/2006	23/02/2006	31/01/2007	Active	NO
2	U24297DL2006PTC152985	WELDON POLYMERS PRIVATE LIMITED	Director	25/09/2006	25/09/2006	31/01/2007	Active	NO
3	U70100WB2005PTC103863	JAGRAN DEVELOPERS PRIVATE LIMITED	Director	30/09/2006	30/09/2006	31/01/2007	Active	NO
4	U45203DL2006PTC146478	TRISHAKTI REAL ESTATE INFRASTRUCTURE AND DEVELOPERS PRIVATE LIMITED	Director	29/09/2008	26/02/2008	-	Active	NO
5	U45400DL2008PTC173688	CITIZEN BUILDWELL PRIVATE LIMITED	Director	24/06/2008	24/06/2008	-	Active	NO
6	U45400DL2008PTC174360	UNITED BUILDHOME PRIVATE LIMITED	Director	19/08/2009	04/09/2008	-	Active	NO
7	U45200DL2008PTC178008	COMPACT BUILDWELL PRIVATE LIMITED	Director	29/09/2009	04/09/2008	-	Active	NO
8	U45400DL2008PTC173689	WELDON BUILDWELL PRIVATE LIMITED	Director	04/08/2009	10/09/2008	-	Active	NO
9	U45200DL2008PTC178009	CHAMPION BUILDWELL PRIVATE LIMITED	Director	29/09/2009	12/09/2008	-	Active	NO
10	U45200DL2008PTC184401	REWARD INFRASTRUCTURE PRIVATE LIMITED	Director	29/09/2009	14/05/2009	-	Active	NO
11	U40101AR2009PLC008275	ETALIN HYDRO ELECTRIC POWER COMPANY LIMITED	Director	16/05/2009	16/05/2009	09/11/2009	Active	NO
12	U40101AR2009PLC008276	ATTUNLI HYDRO ELECTRIC POWER COMPANY LIMITED	Director	19/05/2009	19/05/2009	09/11/2009	Active	NO
13	U70102DL2009PTC186551	MOONSTONE REALCON PRIVATE LIMITED	Director	05/07/2010	10/07/2009	-	Active	NO
14	U70200DL2009PTC186850	AGLOW REALTECH PRIVATE LIMITED	Director	15/07/2010	10/07/2009	-	Active	NO
15	U11100DL2008PLC173537	MMS ENERGY LIMITED	Director	28/09/2010	21/01/2010	-	Active	NO
16	U40102DL2008PLC179892	JINDAL POWER TRANSMISSION LIMITED	Director	19/06/2010	21/01/2010	-	Active	NO
17	U40101DL2008PLC177512	JINDAL HYDRO POWER LIMITED	Director	19/06/2010	21/01/2010	-	Active	NO
18	U40109DL2008PLC182519	JINDAL POWER DISTRIBUTION LIMITED	Director	19/06/2010	21/01/2010	-	Active	NO
19	U40102DL2004PLC128381	AMBITIOUS POWER TRADING COMPANY LIMITED	Director	21/01/2010	21/01/2010	-	Active	NO
20	U26999CT2005PTC017567	JINDAL REX EXPLORATION PRIVATE LIMITED	Director	27/09/2010	09/03/2010	-	Active	NO
21	U40102DL2008PTC173619	UTTAM VIDYUT TRANSMISSION PRIVATE LIMITED	Director	24/09/2011	16/07/2010	-	Active	NO
22	U45300DL2008PTC184962	ORCHID BUILDHOME PRIVATE LIMITED	Director	23/09/2011	04/02/2011	-	Active	NO
23	U70101DL2006PTC148701	HOLIDAY BUILDWELL PRIVATE LIMITED	Director	22/09/2011	04/02/2011	-	Active	NO
24	U70100DL2009PTC192816	VISION BUILDHOME PRIVATE LIMITED	Director	24/09/2011	04/02/2011	-	Active	NO
25	U70101DL2006PTC148638	UJJAIN BUILDWELL PRIVATE LIMITED	Director	24/09/2011	04/02/2011	-	Active	NO
26	U70109DL2009PTC192834	AIM BUILDWELL PRIVATE LIMITED	Director	22/09/2011	04/02/2011	-	Active	NO
27	U45400DL2008PTC185937	STYLE BUILDHOME PRIVATE LIMITED	Director	23/09/2011	04/02/2011	-	Active	NO
28	U45400DL2008PTC185397	SUDARSHAN INFRATECH PRIVATE LIMITED	Director	23/09/2011	04/02/2011	-	Active	NO
29	U51109WB2006PTC108279	MATADI VANIJYA PRIVATE LIMITED	Director	19/09/2011	04/02/2011	-	Active	NO
30	U70101DL2006PTC148872	RAJKOT BUILDWELL PRIVATE LIMITED	Director	20/09/2011	04/02/2011	-	Active	NO
31	U70102DL2009PTC192990	CHOICE BUILDHOME PRIVATE LIMITED	Director	19/09/2011	04/02/2011	-	Active	NO
32	U74899DL1995PLC066506	OPELINA FINANCE AND INVESTMENT LIMITED	Additional director	04/04/2011	04/04/2011	02/07/2011	Active	NO
33	U70200DL2010PTC208731	JB FABINFRA PRIVATE LIMITED	Director	31/12/2011	04/04/2011	-	Active	NO
34	U70109DL2010PTC208732	YAMUNA REAL ESTATES PRIVATE LIMITED	Director	24/09/2011	21/04/2011	-	Active	NO
35	U70109DL2010PTC208733	TAMANNA BUILDCON PRIVATE LIMITED	Director	24/09/2011	21/04/2011	-	Active	NO
36	U65990DL2011PTC214084	YAMUNA PORTFOLIO PRIVATE LIMITED	Director	13/08/2012	21/04/2011	-	Active	NO
37	U65999DL2011PTC214086	AGRA PORTFOLIO PRIVATE LIMITED	Director	13/08/2012	21/04/2011	-	Active	NO
38	U65923DL2011PTC213387	SANTOSH FINANCIAL ADVISORS PRIVATE LIMITED	Director	06/08/2012	21/04/2011	-	Active	NO
39	U70100DL2011PTC217314	ALMORA TOWNSHIPS PRIVATE LIMITED	Director	27/09/2012	20/03/2012	-	Active	NO
40	U72200DL2012PLC234009	VISION INFOCON LIMITED	Director	04/04/2012	04/04/2012	-	Active	NO
41	U70101DL2012PTC235849	ROHTAK TOWNSHIPS PRIVATE LIMITED	Director	15/05/2012	15/05/2012	-	Active	NO
42	U70102DL2012PTC235898	MURTHAL TOWNSHIPS PRIVATE LIMITED	Director	16/05/2012	16/05/2012	-	Active	NO
43	U70100DL2012PTC235891	BAHADURGARH TOWNSHIPS PRIVATE LIMITED	Director	16/05/2012	16/05/2012	-	Active	NO
44	U70109DL2012PTC235890	SONEPAT TOWNSHIPS PRIVATE LIMITED	Director	16/05/2012	16/05/2012	-	Active	NO
45	U70200DL2012PTC235986	PANIPAT PROJECTS PRIVATE LIMITED	Director	17/05/2012	17/05/2012	-	Active	NO
46	U70100DL2011PTC222174	HARYANA TOWNSHIPS PRIVATE LIMITED	Director	31/12/2012	06/07/2012	-	Active	NO

Name :	Mr. Sushil Sitaram Bhuwalka
Designation :	Director
Address :	Prithvi Apartments, 20, Altamount Road, Cumballa Hill, Mumbai-400026, Maharashtra, India
Date of Birth/Age :	02.05.1954
Date of Appointment :	04.04.2011
DIN No.:	00267545

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	U27300MH1985PLC035405	NALWA METALS AND ALLOYS LIMITED	Director	13/01/1990	13/01/1990	-	Active	NO
2	U29120MH1993PLC074220	UB STAINLESS LIMITED	Managing director	01/02/2011	28/09/1993	-	Active	NO
3	U67120MH1995PTC091824	WEST COAST HOLDINGS PRIVATE LIMITED	Director	16/08/1995	16/08/1995	-	Amalgamated	NO
4	U45200MH1989PTC050344	DHAROD CONSTRUCTIONS PRIVATE LIMITED	Director	23/03/1996	23/03/1996	-	Active	NO
5	U70101DL1997PTC085337	AMRUIT PROMOTERS AND FINANCE PRIVATE LIMITED	Director	25/02/1997	25/02/1997	15/04/2008	Active	NO
6	U67120MH1991PTC062142	PADMINI HOLDINGS PRIVATE LIMITED	Director	29/08/2001	29/08/2001	-	Amalgamated	NO
7	U70101MH2004PTC144665	URMILA REALTORS PRIVATE LIMITED	Director	23/02/2004	23/02/2004	-	Active	NO
8	U27100MH2004PTC146821	INDO STAINLESS TUBES PRIVATE LIMITED	Director	22/08/2008	22/08/2008	-	Amalgamated	NO
9	U70200DL2010PTC208731	JB FABINFRA PRIVATE LIMITED	Director	31/12/2011	04/04/2011	-	Active	NO
10	U01403WB2012PTC182468	SALONAH TEA PRIVATE LIMITED	Director	07/06/2012	07/06/2012	-	Active	NO

Name :	Mr. Akhilesh Bhuwalka
Designation :	Director
Address :	9/1, Middleton Row, Kolkata-700071, West Bengal, India
Date of Birth/Age :	15.03.1958
Date of Appointment :	04.04.2011
DIN No.:	02764273

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	U70101WB2001PTC093393	ACCORDION PROPERTIES PRIVATE LIMITED	Additional director	08/04/2010	08/04/2010	Active	NO
2	U70200DL2010PTC208731	JB FABINFRA PRIVATE LIMITED	Director	31/12/2011	04/04/2011	Active	NO
3	U45200MH1989PTC050344	DHAROD CONSTRUCTIONS PRIVATE LIMITED	Director	27/09/2012	03/02/2012	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 28.09.2012

Names of Shareholders	No. of Shares
Jindal Steel and Power Limited, India	980000
Dharod Constructions Private Limited, India	20000
Akhilesh Bhuwalka (As Nominee of M/S Bisseswarlall Mannalal and Sons)	1000000
TOTAL	2000000

AS ON 28.09.2012

Equity Shares Break Up	Percentage of Holding
Bodies corporate	50.00
Directors or relatives of Directors	50.00
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Ferrous and Non Ferrous Metals, Steels, bimetal product, cement sheets etc

Products :

ITC CODE	PRODUCT
0124	Manufacturing Industry – Others

GENERAL INFORMATION

Suppliers :

• Aditya Trading Corporation
• Ajanta Furniture
• Forum Holst Private Limited
• Jindal Steel and Power Limited
• Raju Enterprises
• S S Trading Company
• Jayant Electricals Services
• JSW Ispat Steel Limited

No. of Employees :

Not Available

Bankers :

• HDFC Bank
• Punjab National Bank
• State Bank of India

Facilities :

Unsecured Loan	Rs. In Millions 31.03.2012	Rs. In Millions 31.03.2011
Short Term Borrowings
Loans and Advances From Related Parties
Jindal Steel and Power Limited	72.249	0.000
TOTAL	72.249	0.000

Banking Relations :	--
Auditors :
Name :	Suresh Sant and Company Chartered Accountant
Address :	811-812, Aggarwal cyber Plaza-I, NEtaji Subhash Place, Pitampura, Delhi-110034, India
Tel. No.:	91-11-42470400 / 402 / 424704575-76
Mobile No.:	91-9810130465
Fax No.:	91-11-42470060
PAN No.:	AAAPS7729L
Holding Company :	Dharod Construction Private Limited
Related Parties :	Jindal Steel and Power Limited
Other Related Parties :	Dhorad Construction Private Limited Padmini Holdings Private Limited Blsseswarial Munnalal and Sons Urmila Realtor

CAPITAL STRUCTURE

AS ON 28.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
3000000	Equity Shares	Rs.10/- each	Rs. 30.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs.10/- each	Rs. 20.000 Millions

AS ON 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
3000000	Equity Shares	Rs.10/- each	Rs. 30.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs. 0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2012	31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		0.100	0.100
2] Share Application Money		28.451	0.000
3] Reserves & Surplus		(4.041)	0.000
4] (Accumulated Losses)		0.000	0.000
NETWORTH		24.510	0.100
LOAN FUNDS
1] Secured Loans		0.000	0.000
2] Unsecured Loans		72.249	0.000
TOTAL BORROWING		72.249	0.000
DEFERRED TAX LIABILITIES		2.502	0.000
TOTAL		99.261	0.100
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		57.457	0.000
Capital work-in-progress		32.768	0.000
INVESTMENT		0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	34.671	0.000
	Sundry Debtors	0.000	0.000
	Cash & Bank Balances	5.654	0.082
	Other Current Assets	0.000	0.034
	Loans & Advances	11.281	0.000
Total Current Assets		51.606	0.116
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	33.682	0.000
	Other Current Liabilities	8.304	0.016
	Provisions	0.584	0.000
Total Current Liabilities		42.570	0.016
Net Current Assets		9.036	0.100
MISCELLANEOUS EXPENSES		0.000	0.000
TOTAL		99.261	0.100

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011
	SALES
		Revenue from Operations	0.000	0.000
		Other Income	0.567	0.000
		TOTAL	0.567	0.000
Less	EXPENSES
		Cost of Material Consumed	5.556	0.000
		Purchases of Stock In Trade	5.130	0.000
		Other Expenses	0.746	0.000
		Changes in Inventories of Finished Goods, Work In Progress and Stock In Trade	(10.685)	0.000
		TOTAL	0.747	0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		(0.180)	0.000
Less/ Add	DEPRECIATION/ AMORTISATION		1.360	0.000
	PROFIT / (LOSS) BEFORE TAX		(1.540)	0.000
Less	TAX		2.502	0.000
	PROFIT / (LOSS) AFTER TAX		(4.042)	0.000
	Earnings Per Share (Rs.)		(40.42)	0.00

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011
PAT / Total Income	(%)	(712.87)	0.00
Return on Total Assets (PBT/Total Assets}	(%)	(1.41)	0.00
Return on Investment (ROI) (PBT/Networth)		(0.06)	0.00
Debt Equity Ratio (Total Debt /Networth)		2.95	0.00
Current Ratio (Current Asset/Current Liability)		1.21	7.25

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 two years	Yes
12]	Profitability for last two 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	Yes
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
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

FIXED ASSETS

• Plant and Equipment
• Air Conditioner
• Furniture and Fixtures
• Vehicles
• Office Equipments
• Computer
• Water Cooler
• Air Conditioner
• Mobile

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 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 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. 54.38
UK Pound	1	Rs. 82.04
Euro	1	Rs. 69.58

INFORMATION DETAILS

Report Prepared by :

DPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	--
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	1
--RESERVES	1~10	--
--CREDIT LINES	1~10	--
--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
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		11

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.