MIRA INFORM REPORT

Report Date :

22.04.2013

IDENTIFICATION DETAILS

Name :	JUBILANT AUTO FUELS TRADING PRIVATE LIMITED (w.e.f. 29.10.2004)
Formerly Known As :	RELIANCE INTER COMPUTER TECHNOLOGY.COM PRIVATE LIMITED
Registered Office :	Dhobi Talao, 5^th Floor, Court House, Lokmanya Tilak Marg, Mumbai – 400 002, Maharashtra
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	18.04.2000
Com. Reg. No.:	11-125935
Capital Investment / Paid-up Capital :	Rs.0.100 million
CIN No.: [Company Identification No.]	U72900MH2000PTC125935
Legal Form :	Private Limited Liability Company
Line of Business :	Providing all types of telecommunication and other related services, software and other content for networking, e-commerce, e-business, information technology, internet services, other communication related services and application.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (12)

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 its business activity
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Even though the company was incorporated in the 2000, company has not yet started its core business activity as per the financial dated 31^st March, 2012. The company has recorded some pre-operative expenses. No other information could be made available. Payment terms are unknown. The company can be considered for business dealings on a safe and 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

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 :	Dhobi Talao, 5^th Floor, Court House, Lokmanya Tilak Marg, Mumbai – 400 002, Maharashtra, India
Tel. No.:	91-22-67673800
Fax No.:	Not Available
E-Mail :	mariyappan.mb@servicesnext.com

DIRECTORS

As on 24.09.2012

Name :

Mr. Ravindra Laxman Inamdar

Designation :

Director

Address :

13, Asara Co-Operative Hosuing Society, Ram Mandir road, Bandra (East), Mumbai – 400 057, Maharashtra, India

Date of Birth/Age :

26.04.1953

Date of Appointment :

20.09.2006

DIN No.:

00006217

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	U72900MH2000PTC125935	JUBILANT AUTO FUELS TRADING PRIVATE LIMITED	Director	20/09/2006	09/11/2005	-	Active	NO
2	U72200MH2000PTC127499	RELIANCE LOGISTICS AND PORTS PRIVATE LIMITED	Director	28/09/2006	25/08/2006	23/12/2006	Active	NO
3	U24110GJ1993PTC019524	RELIANCE AGRO CHEMICALS PRIVATE LIMITED	Director	29/09/2007	29/12/2006	-	Active	NO
4	U51109MH2007PTC176418	SHINANO RETAIL PRIVATE LIMITED	Director	25/09/2009	07/02/2009	-	Active	NO
5	U51109MH2007PLC176255	RELIANCE CORPORATE SERVICES LIMITED	Director	23/07/2009	07/02/2009	-	Active	NO
6	U92490GJ1993PTC019509	RELIANCE PHOTOGRAPHIC PRIVATE LIMITED	Director	21/08/2009	19/03/2009	-	Active	NO
7	U73100GJ1994NPL021139	RELIANCE RESEARCH INSTITUTE	Director	09/09/2009	24/03/2009	-	Active	NO

Name :

Venkataramani Swaminathan Vialur

Designation :

Director

Address :

C-27, Maitreyee CHS, Plot No.8, Sector 16, Near Pillai College, New Panvel – 410 206, Maharashtra, India

Date of Birth/Age :

01.07.1958

Date of Appointment :

28.09.2011

DIN No.:

03379436

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	U92490GJ1993PTC019496	RELIANCE FILMS PRIVATE LIMITED	Director	21/09/2011	07/02/2011	-	Active	NO
2	U64201GJ1994PTC023475	RELIANCE PAGING PRIVATE LIMITED	Director	21/09/2011	07/02/2011	-	Active	NO
3	U51909MH2008PTC185041	IKSHU TRADING PRIVATE LIMITED	Director	09/09/2011	07/02/2011	-	Strike off	NO
4	U74999MH2008PTC185412	OORJIT COMMERCIAL PRIVATE LIMITED	Director	09/09/2011	07/02/2011	-	Strike off	NO
5	U51900MH2008PTC185457	OCTAVIA COMMERCIAL PRIVATE LIMITED	Director	09/09/2011	07/02/2011	-	Strike off	NO
6	U01110GJ1994PTC021440	RELIANCE AGROTECH PRIVATE LIMITED	Director	21/09/2011	07/02/2011	-	Active	NO
7	U51100GJ1994PTC021590	RELIANCE WORLD TRADE PRIVATE LIMITED	Additional director	09/02/2011	09/02/2011	29/03/2011	Active	NO
8	U85199MH2000PTC126387	HEALTHCARE SYSTEMS AND SOLUTIONS GLOBAL PRIVATE LIMITED	Director	23/08/2011	09/02/2011	-	Active	NO
9	U51900MH2008PTC179376	VISHVAPRADHAN COMMERCIAL PRIVATE LIMITED	Director	29/09/2011	09/02/2011	25/04/2012	Active	NO
10	U35300MH2008PLC186471	RELIANCE AEROSPACE TECHNOLOGIES LIMITED	Director	27/08/2011	09/02/2011	05/06/2012	Active	NO
11	U70102MH2010PTC201454	RELIANCE CITIES PRIVATE LIMITED	Director	29/08/2011	09/02/2011	-	Strike off	NO
12	U70100MH2010PTC201304	RELIANCE RESIDENCE PRIVATE LIMITED	Director	29/08/2011	09/02/2011	-	Strike off	NO
13	U51109MH2008PTC179379	VISHVAMUKH TRADING PRIVATE LIMITED	Director	02/09/2011	09/02/2011	-	Strike off	NO
14	U51300MH2008PTC179377	SUBHGAMI TRADING PRIVATE LIMITED	Director	02/09/2011	09/02/2011	-	Strike off	NO
15	U01100MH1997PTC105049	WIND RIVER FARMS PRIVATE LIMITED	Director	26/08/2011	09/02/2011	-	Strike off	NO
16	U70102MH2010PTC201492	RELIANCE HOUSING PRIVATE LIMITED	Director	29/08/2011	09/02/2011	-	Strike off	NO
17	U70102MH2010PTC201341	RELIANCE HABITAT PRIVATE LIMITED	Director	29/08/2011	09/02/2011	-	Strike off	NO
18	U70109MH2010PTC201508	RELIANCE ASHRAYA PRIVATE LIMITED	Director	29/08/2011	09/02/2011	-	Strike off	NO
19	U51900MH1998PTC116345	GOA TRADING PRIVATE LIMITED	Director	26/08/2011	09/02/2011	-	Active	NO
20	U01100MH1999PTC120375	AMAZON AGRICULTURE PRIVATE LIMITED	Director	26/08/2011	09/02/2011	-	Strike off	NO
21	U85190MH2000PTC126441	MEDICAL EDUCATION SYSTEMS GLOBAL PRIVATE LIMITED	Director	07/09/2011	09/02/2011	-	Active	NO
22	U24110GJ1993PTC019524	RELIANCE AGRO CHEMICALS PRIVATE LIMITED	Director	27/08/2011	09/02/2011	-	Active	NO
23	U85199MH2000PTC126538	HEALTH ON THE NET GLOBAL PRIVATE LIMITED	Director	23/08/2011	09/02/2011	-	Active	NO
24	U99999MH2000PTC126537	DIGITAL CLINICS PRIVATE LIMITED	Director	23/08/2011	09/02/2011	-	Active	NO
25	U64200MH2000PTC126647	AGNI FUELS PRIVATE LIMITED	Director	26/08/2011	09/02/2011	-	Strike off	NO
26	U72900MH2000PTC125935	JUBILANT AUTO FUELS TRADING PRIVATE LIMITED	Director	28/09/2011	09/02/2011	-	Active	NO
27	U23203MH2000PLC127885	RELIANCE LNG LIMITED	Director	29/09/2011	09/02/2011	-	Active	NO
28	U51109MH2008PTC185327	YAYIN TRADING PRIVATE LIMITED	Director	02/09/2011	09/02/2011	-	Strike off	NO
29	U70200MH2010PTC201251	RELIANCE GHAR PRIVATE LIMITED	Director	29/08/2011	09/02/2011	-	Strike off	NO
30	U51900MH2007PTC176278	OJASVI TRADING PRIVATE LIMITED	Director	20/09/2011	09/02/2011	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 24.09.2012

Names of Shareholders	Address	No. of Shares
Steadfast Fuel Trading Private Limited	Dhobi Talao, 5^th Floor, Court House, Lokmanya Tilak Marg, Mumbai – 400 002, Maharashtra, India	1700
Reliance Industrial Enterprises Private Limited	Advesh House, 3^rd Floor, Pritam Nagar, Ellisbridge, Ahmedabad – 380 006, Gujarat, India	1600
Reliance Elastomers Private Limited	Advesh House, 3^rd Floor, Pritam Nagar, Ellisbridge, Ahmedabad – 380 006, Gujarat, India	1700
Reliance Global Trading Private Limited	Advesh House, 3^rd Floor, Pritam Nagar, 1^st Slope, Ellisbridge, Ahmedabad – 380 006, Gujarat, India	1700
Reliance Petrosynth Private Limited	Advesh House, 3^rd Floor, Pritam Nagar, Ellisbridge, Ahmedabad – 380 006, Gujarat, India	1700
Jamnagar Ratlam Pipeline Company Private Limited	Advesh House, 3^rd Floor, Pritam Nagar, 1^st Slope, Ellisbridge, Ahmedabad – 380 006, Gujarat, India	1600
	Total	10000

As on 24.09.2012

Equity Share Breakup	Percentage of Holding
Category
Bodies corporate	100.00

BUSINESS DETAILS

Line of Business :

Providing all types of telecommunication and other related services, software and other content for networking, e-commerce, e-business, information technology, internet services, other communication related services and application.

GENERAL INFORMATION

No. of Employees :	Not Available
Bankers :	Not Available
Facilities :	--

Banking Relations :	--
Auditors :
Name :	Pathak H. D. and Associates Chartered Accountants
Address :	709, Tulsiani Chambers, 212, Nariman Point, Mumbai – 400 021, Maharashtra, India
Income-tax PAN of auditor or auditor's firm :	AAAFP1031C
Associate Company :	Ratnakalash Enterprises Private Limited

CAPITAL STRUCTURE

As on 24.09.2012

Authorised Capital :

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

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	31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		0.100	0.100	0.100
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		0.000	0.000	0.000
4] (Accumulated Losses)		(0.156)	(0.141)	(0.104)
NETWORTH		(0.056)	(0.041)	(0.004)
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		0.960	0.960	0.960
TOTAL BORROWING		0.960	0.960	0.960
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		0.904	0.919	0.956
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.000	0.000	0.000
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.854	0.878	0.904
DEFERRED TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000	0.000	0.000
	Sundry Debtors	0.000	0.000	0.000
	Cash & Bank Balances	0.057	0.048	0.059
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	0.000	0.000	0.000
Total Current Assets		0.057	0.048	0.059
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors & Other Current Liabilities	0.007	0.007	0.007
	Provisions	0.000	0.000	0.000
Total Current Liabilities		0.007	0.007	0.007
Net Current Assets		0.050	0.041	0.052
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		0.904	0.919	0.956

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010
	SALES
		Income	0.000	0.000
		Other Income	0.000	0.000
		TOTAL	0.000	0.000
Less	TOTAL EXPENSES		0.036	0.011
	PROFIT/ (LOSS) BEFORE TAX		(0.036)	(0.011)
Less	TAX		0.000	0.000
	PROFIT/ (LOSS) AFTER TAX		(0.036)	(0.011)
	Earnings/ (Loss) Per Share (Rs.)		(3.63)	(1.14)

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	NA	0.00	0.00
Net Profit Margin (PBT/Sales)	(%)	NA	0.00	0.00
Return on Total Assets (PBT/Total Assets}	(%)	NA	(75.00)	(18.64)
Return on Investment (ROI) (PBT/Networth)		NA	0.88	2.75
Debt Equity Ratio (Total Debt/Networth)		(17.14)	(23.41)	(240.00)
Current Ratio (Current Asset/Current Liability)		8.14	6.86	8.43

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 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	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 involved in	--
23) Banking Details	No
24) Banking facility details	No
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	Yes
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	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

Unsecured Loans	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
LONG TERM BORROWINGS
Loan from Body Corporates *	0.960	0.960
Total	0.960	0.960

* Loan repayable in 2 to 3 years

Note:

The registered office of the company has been shifted from Ground Floor "Chitrakoot" Shreeram Mills Premises, Ganpatrao Kadam Marg, Worli, Mumbai – 400 013, Maharashtra to the present address w.e.f. 13.08.2010.

OPERATIONAL REVIEW:

No operational activities were carried out during the year.

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.54.03
UK Pound	1	Rs.82.43
Euro	1	Rs.70.49

INFORMATION DETAILS

Report Prepared by :

SMN

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	1
--PROFITABILIRY	1~10	1
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	1
--CREDIT LINES	1~10	1
--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
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		12

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.