MIRA INFORM REPORT

Report Date :

17.12.2013

IDENTIFICATION DETAILS

Name :	DOONVALLEY TECHNOPOLIS PRIVATE LIMITED
Registered Office :	A-12, Sector-24, Noida – 201301, Uttar Pradesh
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	12.06.2006
Com. Reg. No.:	20-031971
Capital Investment / Paid-up Capital :	Rs. 21.695 Millions
CIN No.: [Company Identification No.]	U45201UP2006PTC031971
Legal Form :	Private Limited Liability Company
Line of Business :	The Company is in the business of construction, leasing, hospitability, catering and timeshare.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ca (16)

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 :	Moderate
Payment Behaviour :	Slow and Delayed
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. There appears huge accumulated losses recorded by the company, which has eroded the net worth of the company. Profitability of the company seems to be under pressure. Business is active. Payment terms are slow and delayed. The company can be considered for business dealings on safe and secured 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 – March 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
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

The current downturn provides an opportunity to push ahead with reforms to accelerate growth, says the latest India Development Update report released by the World Bank. The report says that the adverse effects of rupee depreciation are likely to be offset by the gains in the exports performance due to improved external competitiveness. Since May this year, the local currency has depreciated substantially and fell to a record level of Rs 68.85 to a dollar on August, 28.

A stagflation like situation appears to have arisen as inflation jumped to an eight month high of 6.46 % for the month of September. It is up from 6.10 % in August. Growth continues to be muted with factory output plunging to 0.6  % in August. Onion prices have risen nearly 300 % from last September. Vegetables cost nearly 90 % more than they did last year. Wake up to the economic contribution of slum dwellers. They contribute more than 7.5 % to the country’s gross domestic product, according to a recent study conducted in 50 top cities.

136000 estimated number of jobs created during the second quarter of the current financial year. 50000 estimated number of additional jobs in the field of corporate social responsibility in the coming years.

The International Finance Corporation expects to come out with its rupee linked bonds issue before the end of 2013 as a part of its plan to raise $ 1 billion. The Apple iPhone 5c (Rs 41900 for 16 GB variant) and 5s (Rs 53500 for 16GB variant) has been launched in India from 1^st November.

The Land Acquisition Act to provide just and fair compensation to farmers will come into force from January 1 next year, said Rural Development Minister Jairam Ramesh. The Act replaces a 119 year old registration. The Securities and Exchange Board of India has approved the trading of currency futures on the Bombay Stock Exchange. The exchange plans to launch the currency futures platform with advanced trading technology by the end of November.

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 :	A-12, Sector-24, Noida – 201301, Uttar Pradesh, India
Tel. No. :	91-120-4015678 (30 Lines)
Fax No. :	91-120-2534504
E-Mail :	roc@assotechlimited.com
Site Office:	Plot No.A, IIE, Pant Nagar, N.H.-87, Rudrapur, Uttarakhand, India
Marketings Office:	Supertech House, B-28-29, Sector-58, Noida – 201307, Uttar Pradesh, India
Tel. No. :	91-120-4572600

DIRECTORS

As on 31.08.2013

Name :

Mr. Ram Kishor Arora

Designation :

Director

Address :

C-1/10, Sector – 36, GB Nagar, Noida – 201303, Uttar Pradesh, India

Date of Birth/Age :

03.01.1964

Date of Appointment :

12.06.2006

DIN No. :

00021491

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	U74899DL1995PLC074422	SUPERTECH LIMITED	Managing director	01-07-10	07-12-95	-	Active	NO
2	U45201DL1999PTC098485	SUPERTECH BUILDERS AND PROMOTERS PRIVATE LIMITED	Director	25-05-99	25-05-99	-	Active	NO
3	U52110DL1984PLC019513	SURYA MERCHANTS LIMITED	Director	06-05-03	06-05-03	-	Active	NO
4	U45201DL2003PTC122969	SUPERTECH ESTATE PRIVATE LIMITED	Director	06-11-03	06-11-03	-	Active	NO
5	U45203DL2005PTC134505	CROSSINGS INFRASTURCTURE PRIVATE LIMITED	Director	31-03-05	31-03-05	-	Active	NO
6	U70101DL2006PTC144646	NEW CAPITAL INFRASTRUCTURE PRIVATE LIMITED	Director	10-01-06	10-01-06	-	Active	NO
7	U70101DL2006PTC144648	AMBASSADOR INFRASTRUCTURE PRIVATE LIMITED	Director	10-01-06	10-01-06	-	Active	NO
8	U70101DL2006PTC144647	AMAZON INFRASTRUCTURE PRIVATE LIMITED	Director	10-01-06	10-01-06	-	Active	NO
9	U70101DL2006PTC148550	CROSSINGS DEVELOPERS PRIVATE LIMITED	Director	01-05-06	01-05-06	-	Active	NO
10	U70101DL2006PTC148578	CROSSINGS CONSTRUCTIONS PRIVATE LIMITED	Director	03-05-06	03-05-06	-	Active	NO
11	U70101DL2006PTC148957	CROSSINGS REAL ESTATE PRIVATE LIMITED	Director	20-05-06	20-05-06	-	Active	NO
12	U70102DL2006PTC149099	AQUARIUS INFRASTRUCTURE PRIVATE LIMITED.	Director	23-05-06	23-05-06	-	Active	NO
13	U70102DL2006PTC149100	CROSSINGS PROMOTERS PRIVATE LIMITED.	Director	23-05-06	23-05-06	-	Active	NO
14	U70102DL2006PTC149103	GEOMETRIC INFRASTRUCTURE PRIVATE LIMITED.	Director	23-05-06	23-05-06	-	Active	NO
15	U70109DL2006PTC149260	LIBRA INFRASTRUCTURE PRIVATE LIMITED.	Director	27-05-06	27-05-06	-	Active	NO
16	U70109DL2006PTC149369	VIRGO INFRASTRUCTURE PRIVATE LIMITED.	Director	01-06-06	01-06-06	-	Active	NO
17	U45201UP2006PTC031971	DOONVALLEY TECHNOPOLIS PRIVATE LIMITED	Director	12-06-06	12-06-06	-	Active	NO
18	U70109DL2006PTC149739	SUPERTECH BUILDERS PRIVATE LIMITED	Director	15-06-06	15-06-06	-	Amalgamated	NO
19	U70109DL2006PTC151075	CROSSINGS GREENS PROPERTY PRIVATE LIMITED	Director	17-07-06	17-07-06	-	Active	NO
20	U70109DL2006PTC151076	CROSSINGS CORPORATE PARK PRIVATE LIMITED	Director	17-07-06	17-07-06	-	Active	NO
21	U70109DL2006PTC151257	CROSSINGS TOWNSHIP PRIVATE LIMITED	Director	25-07-06	25-07-06	-	Active	NO
22	U70109DL2006PTC151230	DYNAMIC TOWERS PRIVATE LIMITED	Director	25-07-06	25-07-06	-	Active	NO
23	U70109DL2006PTC151494	CROSSINGS REALTY PRIVATE LIMITED.	Director	01-08-06	01-08-06	-	Active	NO
24	U70109DL2006PTC151495	CROSSINGS TOWERS PRIVATE LIMITED	Director	01-08-06	01-08-06	-	Active	NO
25	U70109DL2006PTC151671	CROSSINGS RESIDENCY PRIVATE LIMITED	Director	05-08-06	05-08-06	-	Active	NO
26	U70109DL2006PTC159062	CROSSINGS BUILDWELL PRIVATE LIMITED	Director	14-08-06	14-08-06	-	Active	NO
27	U70109DL2006PTC152428	CROSSINGS CITY PRIVATE LIMITED	Director	24-08-06	24-08-06	-	Active	NO
28	U70109DL2006PTC152427	CROSSINGS HOME SOLUTIONS PRIVATE LIMITED	Director	30-11-06	30-11-06	-	Active	NO
29	U45200DL2006PTC156902	SUPERTECH REALITY PRIVATE LIMITED	Director	21-12-06	21-12-06	-	Amalgamated	NO
30	U51109DL2005PTC202018	SURPRISE SUPPLIERS PRIVATE LIMITED	Director	28-09-07	01-01-07	-	Active	NO
31	U45200DL2007PTC158264	SUPERTECH REALTECH PRIVATE LIMITED	Director	23-01-07	23-01-07	-	Active	NO
32	U55101DL2007PTC161182	CLARKSTON HOTELS PRIVATE LIMITED.	Director	28-03-07	28-03-07	-	Active	NO
33	U70102DL2007PTC163662	SUPERTECH INFRASTRUCTURE PRIVATE LIMITED	Director	21-05-07	21-05-07	-	Active	NO
34	U67110DL2009PTC193487	SUPERTECH HOLDINGS PRIVATE LIMITED	Director	24-08-09	24-08-09	-	Active	NO
35	U22211DL2009PTC194157	SUPERTECH CINEMAS PRIVATE LIMITED	Director	10-09-09	10-09-09	-	Active	NO
36	U55101DL2009PTC194154	SUPERTECH HOTELS PRIVATE LIMITED	Director	10-09-09	10-09-09	-	Active	NO
37	U70200DL2010PTC202282	SUPERTECH REALTORS PRIVATE LIMITED	Director	05-05-10	05-05-10	-	Active	NO
38	U70200DL2010PLC204121	SUPERTECH TOWNSHIP PROJECT LIMITED	Director	15-06-10	15-06-10	-	Active	NO
39	U70100DL2010PTC210785	SUPERTECH PRECAST TECHNOLOGIES PRIVATE LIMITED	Director	26-11-10	26-11-10	-	Active	NO
40	U45400DL2011PTC213740	HOTSHOT DEVELOPERS PRIVATE LIMITED	Director	14-03-11	14-03-11	-	Active	NO
41	U45400DL2011PTC215652	MARVELOUS INFRAESTATE PRIVATE LIMITED	Director	15-03-11	15-03-11	21-03-11	Active	NO
42	U40106DL2011PTC216038	SUPERTECH URJA AND POWER PRIVATE LIMITED	Director	17-03-11	17-03-11	-	Active	NO
43	U70101DL2011PTC218570	SUPERTECH EXPRESSWAY PROJECTS PRIVATE LIMITED	Director	04-05-11	04-05-11	-	Active	NO
44	U70109DL2011PTC221189	SUPERTECH HOMES PRIVATE LIMITED	Director	21-06-11	21-06-11	-	Active	NO
45	U62200DL2013PTC247182	SUPERTECH AVIATION PRIVATE LIMITED	Director	09-01-13	09-01-13	-	Active	NO

Name :

Mr. Sanjeev Srivastva

Designation :

Director

Address :

A-60, Sector-33, Noida – 201303, Uttar Pradesh, India

Date of Birth/Age :

30.07.1965

Date of Appointment :

12.06.2006

DIN No. :

00040401

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	U45201DL1996PLC078063	ASSOTECH LIMITED	Managing director	01-04-11	11-04-96	-	Active	NO
2	U67120DL2004PTC126591	ENAKSHI HOLDINGS PRIVATE LIMITED	Director	25-05-04	25-05-04	-	Active	NO
3	U45203DL2005PTC134505	CROSSINGS INFRASTURCTURE PRIVATE LIMITED	Director	30-03-05	30-03-05	-	Active	NO
4	U70101DL2006PTC144646	NEW CAPITAL INFRASTRUCTURE PRIVATE LIMITED	Director	10-01-06	10-01-06	-	Active	NO
5	U70101DL2006PTC144648	AMBASSADOR INFRASTRUCTURE PRIVATE LIMITED	Director	10-01-06	10-01-06	-	Active	NO
6	U70101DL2006PTC144647	AMAZON INFRASTRUCTURE PRIVATE LIMITED	Director	10-01-06	10-01-06	-	Active	NO
7	U51311DL2004PTC127783	LINDEX IMPEX PRIVATE LIMITED	Director	03-04-06	03-04-06	-	Active	NO
8	U45201UP2006PTC031603	ASSOTECH NEXT GENERATION SPACES PRIVATE LIMITED	Director	13-04-06	13-04-06	-	Active	NO
9	U45101DL2006PTC163831	ASSOTECH BEBL INFRASTRUCTURE PRIVATE LIMITED	Director	28-04-06	28-04-06	-	Active	NO
10	U70101DL2006PTC148550	CROSSINGS DEVELOPERS PRIVATE LIMITED	Director	01-05-06	01-05-06	-	Active	NO
11	U70101DL2006PTC148578	CROSSINGS CONSTRUCTIONS PRIVATE LIMITED.	Director	03-05-06	03-05-06	-	Active	NO
12	U70101DL2006PTC148957	CROSSINGS REAL ESTATE PRIVATE LIMITED	Director	20-05-06	20-05-06	-	Active	NO
13	U70102DL2006PTC149100	CROSSINGS PROMOTERS PRIVATE LIMITED.	Director	23-05-06	23-05-06	-	Active	NO
14	U70102DL2006PTC149103	GEOMETRIC INFRASTRUCTURE PRIVATE LIMITED	Director	23-05-06	23-05-06	-	Active	NO
15	U70102DL2006PTC149099	AQUARIUS INFRASTRUCTURE PRIVATE LIMITED	Director	27-05-06	27-05-06	-	Active	NO
16	U70109DL2006PTC149260	LIBRA INFRASTRUCTURE PRIVATE LIMITED	Director	27-05-06	27-05-06	-	Active	NO
17	U70109DL2006PTC149369	VIRGO INFRASTRUCTURE PRIVATE LIMITED	Director	01-06-06	01-06-06	-	Active	NO
18	U45201UP2006PTC031971	DOONVALLEY TECHNOPOLIS PRIVATE LIMITED	Director	12-06-06	12-06-06	-	Active	NO
19	U45201UP2006PTC031972	ASSOTECH CP INFRASTRUCTURE PRIVATE LIMITED	Director	12-06-06	12-06-06	-	Active	NO
20	U70109DL2006PTC149741	BHUBANESWAR SEZ PRIVATE LIMITED	Director	15-06-06	15-06-06	-	Active	NO
21	U70109DL2006PTC149740	ASSOTECH CORPORATE PARK PRIVATE LIMITED	Director	15-06-06	15-06-06	-	Active	NO
22	U70109DL2006PTC150983	ASSOTECH BEBL DEVELOPERS PRIVATE LIMITED	Director	15-07-06	15-07-06	-	Active	NO
23	U70109DL2006PTC151075	CROSSINGS GREENS PROPERTY PRIVATE LIMITED	Director	17-07-06	17-07-06	-	Active	NO
24	U70109DL2006PTC151076	CROSSINGS CORPORATE PARK PRIVATE LIMITED	Director	17-07-06	17-07-06	-	Active	NO
25	U70109DL2006PTC151257	CROSSINGS TOWNSHIP PRIVATE LIMITED	Director	25-07-06	25-07-06	-	Active	NO
26	U70109DL2006PTC151230	DYNAMIC TOWERS PRIVATE LIMITED	Director	27-07-06	27-07-06	-	Active	NO
27	U70109DL2006PTC151494	CROSSINGS REALTY PRIVATE LIMITED	Director	01-08-06	01-08-06	-	Active	NO
28	U70109DL2006PTC151495	CROSSINGS TOWERS PRIVATE LIMITED	Director	01-08-06	01-08-06	-	Active	NO
29	U70109DL2006PTC151671	CROSSINGS RESIDENCY PRIVATE LIMITED	Director	05-08-06	05-08-06	-	Active	NO
30	U70109DL2006PTC159062	CROSSINGS BUILDWELL PRIVATE LIMITED	Director	14-08-06	14-08-06	-	Active	NO
31	U70109DL2006PTC152428	CROSSINGS CITY PRIVATE LIMITED	Director	24-08-06	24-08-06	-	Active	NO
32	U70109DL2006PTC152427	CROSSINGS HOME SOLUTIONS PRIVATE LIMITED	Director	24-08-06	24-08-06	-	Active	NO
33	U74999DL2002PTC116776	KRISHNA FAMILYWEARS PRIVATE LIMITED	Director	05-10-06	05-10-06	-	Active	NO
34	U24119DL2001PTC113029	SUVIDHA POLYMERS PRIVATE LIMITED	Director	10-10-06	10-10-06	20-08-07	Active	NO
35	U45209DL2007PTC168350	ENAKSHI TOWERS PRIVATE LIMITED	Director	18-09-07	18-09-07	-	Active	NO
36	U45400DL2007PTC168250	SPY INFRASTRUCTURE PRIVATE LIMITED	Director	27-09-12	07-01-08	-	Active	NO
37	U45400DL2007PTC168249	VMS INFRASTRUCTURE PRIVATE LIMITED	Director	07-01-08	07-01-08	-	Active	NO
38	U45400DL2007PTC167944	VMS TOWERS PRIVATE LIMITED	Director	11-01-08	11-01-08	-	Active	NO
39	U45400UP2008PTC034492	VMS COLONISERS PRIVATE LIMITED	Director	21-01-08	21-01-08	-	Active	NO
40	U45400UP2008PTC034498	HS HOME SOLUTIONS PRIVATE LIMITED	Director	27-09-12	24-01-08	-	Active	NO
41	U45400UP2008PTC034491	VMS REAL ESTATE DEVELOPERS PRIVATE LIMITED	Director	24-01-08	24-01-08	-	Active	NO
42	U55101OR1999PTC006006	ASSOTECH MILAN RESORTS PRIVATE LIMITED	Additional director	06-05-09	06-05-09	-	Active	NO
43	U45400UP2008PTC034489	ASSOTECH HEALTHCARE SERVICES PRIVATE LIMITED	Director	15-10-09	15-10-09	-	Active	NO
44	U85110DL2009PTC195903	RAMANAND MAXLIFE INFRASTRUCTURE PRIVATE LIMITED	Director	11-11-09	11-11-09	31-03-13	Active	NO
45	U51109DL2006PTC154174	PRATIBHA IMPEX PRIVATE LIMITED	Director	10-12-09	10-12-09	-	Active	NO
46	U55101DL2010PTC208002	ASSOTECH HOTELS PRIVATE LIMITED	Director	08-09-10	08-09-10	-	Active	NO
47	U45400UP2008PTC034490	ASSOTECH ENERGY PRIVATE LIMITED	Director	30-09-11	07-01-11	-	Active	NO
48	U45100OR2011PTC013890	ANGUL BUS TERMINAL COMPANY PRIVATE LIMITED	Director	12-07-11	12-07-11	-	Active	NO
49	U85191UP2011PTC047932	ASSOTECH HEALTHCARE SERVICES (RUDRAPUR) PRIVATE LIMITED	Director	15-12-11	15-12-11	-	Active	NO
50	U70109DL2006PTC152223	ASSOTECH MOONSHINE URBAN DEVELOPERS PRIVATE LIMITED	Director	21-12-11	21-12-11	-	Active	NO
51	U51109WB2007PTC116055	LAXMIPATI TRADELINK PRIVATE LIMITED	Director	01-02-12	01-02-12	-	Active	NO
52	U67190WB2008PTC124560	JAGDHATRI INVESTMENT ADVISORY PRIVATE LIMITED	Director	01-02-12	01-02-12	-	Active	NO
53	U51909WB2010PTC148987	GYANDEEP VINIMAY PRIVATE LIMITED	Director	01-02-12	01-02-12	-	Active	NO
54	U51909WB2010PTC148985	GULSHAN AGENCIES PRIVATE LIMITED	Director	01-02-12	01-02-12	-	Active	NO
55	U51909WB2010PTC149475	CORNFLOWER DEALCOM PRIVATE LIMITED	Director	01-02-12	01-02-12	-	Active	NO
56	U70200DL2012PTC236297	ASSOTECH RIDGE GREENS REALTY PRIVATE LIMITED	Director	22-05-12	22-05-12	-	Active	NO
57	AAA-5502	ASSOTECH NEW CITY LLP	Designated Partner	08-07-11	08-07-11	-	Active	NO
58	AAA-8035	SUN GROWTH INVEST REALTY LLP	Designated Partner	17-02-12	17-02-12	-	Active	NO
59	AAA-8036	SUN GROWTH URBAN DEVELOPERS LLP	Designated Partner	17-02-12	17-02-12	-	Active	NO
60	AAA-8072	IMPREGNABLE REALTY LLP	Designated Partner	22-02-12	22-02-12	-	Active	NO
61	AAA-8073	REGULUS REALTY LLP	Designated Partner	22-02-12	22-02-12	-	Active	NO
62	AAA-8088	PLUM PAD REALTY LLP	Designated Partner	23-02-12	23-02-12	-	Active	NO

Name :

Mr. Rajeev Srivastva

Designation :

Director

Address :

A-60, Sector-33, Noida – 201303, Uttar Pradesh, India

Date of Birth/Age :

09.01.1968

Date of Appointment :

10.08.2010

DIN No. :

00040474

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	U45201DL1996PLC078063	ASSOTECH LIMITED	Whole-time director	01-04-11	11-04-96	-	Active	NO
2	U51311DL2004PTC127783	LINDEX IMPEX PRIVATE LIMITED	Director	03-04-06	03-04-06	-	Active	NO
3	U45201UP2006PTC031603	ASSOTECH NEXT GENERATION SPACES PRIVATE LIMITED	Director	13-04-06	13-04-06	-	Active	NO
4	U70109DL2006PTC149740	ASSOTECH CORPORATE PARK PVT. LTD.	Director	15-06-06	15-06-06	-	Active	NO
5	U74999DL2002PTC116776	KRISHNA FAMILYWEARS PRIVATE LIMITED	Director	05-10-06	05-10-06	-	Active	NO
6	U24119DL2001PTC113029	SUVIDHA POLYMERS PRIVATE LIMITED	Director	10-10-06	10-10-06	20-08-07	Active	NO
7	U45400UP2008PTC034489	ASSOTECH HEALTHCARE SERVICES PRIVATE LIMITED	Director	05-02-08	05-02-08	-	Active	NO
8	U70109DL2006PTC149741	BHUBANESWAR SEZ PRIVATE LIMITED	Additional director	04-05-09	04-05-09	-	Active	NO
9	U70109DL2006PTC150983	ASSOTECH BEBL DEVELOPERS PRIVATE LIMITED	Additional director	04-05-09	04-05-09	-	Active	NO
10	U55101OR1999PTC006006	ASSOTECH MILAN RESORTS PRIVATE LIMITED	Additional director	06-05-09	06-05-09	-	Active	NO
11	U45201UP2006PTC031972	ASSOTECH CP INFRASTRUCTURE PRIVATE LIMITED	Director	21-12-09	21-12-09	-	Active	NO
12	U45201UP2006PTC031971	DOONVALLEY TECHNOPOLIS PRIVATE LIMITED	Director	10-08-10	10-08-10	-	Active	NO
13	U55101DL2010PTC208002	ASSOTECH HOTELS PRIVATE LIMITED	Director	08-09-10	08-09-10	-	Active	NO
14	U85110DL2009PTC195903	RAMANAND MAXLIFE INFRASTRUCTURE PRIVATE LIMITED	Director	15-03-11	15-03-11	19-09-11	Active	NO
15	U85191UP2011PTC047932	ASSOTECH HEALTHCARE SERVICES (RUDRAPUR) PRIVATE LIMITED	Director	15-12-11	15-12-11	-	Active	NO
16	U45400DL2007PTC168250	SPY INFRASTRUCTURE PRIVATE LIMITED	Director	27-09-12	30-03-12	-	Active	NO
17	U45400UP2008PTC034498	HS HOME SOLUTIONS PRIVATE LIMITED	Director	27-09-12	30-03-12	-	Active	NO
18	U70200DL2012PTC236297	ASSOTECH RIDGE GREENS REALTY PRIVATE LIMITED	Director	22-05-12	22-05-12	-	Active	NO
19	AAA-5502	ASSOTECH NEW CITY LLP	Designated Partner	08-07-11	08-07-11	-	Active	NO
20	AAA-8035	SUN GROWTH INVEST REALTY LLP	Designated Partner	17-02-12	17-02-12	-	Active	NO
21	AAA-8036	SUN GROWTH URBAN DEVELOPERS LLP	Designated Partner	17-02-12	17-02-12	-	Active	NO
22	AAA-8072	IMPREGNABLE REALTY LLP	Designated Partner	22-02-12	22-02-12	-	Active	NO
23	AAA-8073	REGULUS REALTY LLP	Designated Partner	22-02-12	22-02-12	-	Active	NO
24	AAA-8088	PLUM PAD REALTY LLP	Designated Partner	23-02-12	23-02-12	-	Active	NO

Name :

Mr. Krishan Gopal Arora

Designation :

Director

Address :

304, Plot No.1, 08, Sector-4, Vaishali, Ghaziabad – 201010, Uttar Pradesh, India

Date of Birth/Age :

03.07.1957

Date of Appointment :

10.08.2010

DIN No. :

00408636

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	U45201DL2003PTC122969	SUPERTECH ESTATE PRIVATE LIMITED	Director	06-11-03	06-11-03	-	Active	NO
2	U52110DL1984PLC019513	SURYA MERCHANTS LIMITED	Director	28-02-05	28-02-05	-	Active	NO
3	U72300DL2006PTC155406	DAZZLE I.T.SOLUTIONS PRIVATE LIMITED	Director	09-01-07	09-01-07	-	Active	NO
4	U45400DL2008PTC183893	SUNLIGHT BUILDWELL PRIVATE LIMITED	Additional director	20-10-08	20-10-08	03-11-08	Amalgamated	NO
5	U45201UP2006PTC031971	DOONVALLEY TECHNOPOLIS PRIVATE LIMITED	Director	10-08-10	10-08-10	-	Active	NO
6	U70101DL2011PTC217124	REVITAL REALITY PRIVATE LIMITED	Director	03-09-12	15-02-12	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 31.08.2013

Names of Shareholders	No. of Shares
Assotech Hotel Private Limited, India	1084750
Supertech Limited, India	1084750
Total	2169500

As on 31.08.2013

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	The company’s main object to own, construct, erect, build, fabricate, execute, improve, administer, manage or control hospitality projects like hotels, resorts, theaters, multiplexes and amusement parks etc.
Brand Name:	"RADISSON BLU"

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· The Karur Vysya Bank Limited, A-354, Sector-19, Noida, Noida - 201301, Uttar Pradesh, India

Punjab National Bank, MCB, A-9, Connaught Circus, New Delhi - 110001, India

Kotak Mahindra Bank Limited, 36-38a, Nariman Bhavan, 227, D, Nariman Point, Mumbai - 400021, Maharashtra, India

Facilities :

SECURED LOANS	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
LONG TERM BORROWINGS
Term loan from bank	577.217	656.210
Construction Equipment loan	1.188	1.645
Total	578.405	657.855

Banking Relations :	--
Auditors :
Name :	Ashu Gupta and Associates Chartered Accountants
Address :	07, Local Shopping Centre, Dayanand Vihar, Delhi – 110092, India
Income-tax PAN of auditor or auditor's firm :	AAAFA4337J
Associates :	· Assotech Hotels Private Limited Supertech Limited Assotech Supertech Kishore Realty Private Limited

CAPITAL STRUCTURE

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
32,500,000	Equity Shares	Rs.10/- each	Rs. 325.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2,169,500	Equity Shares	Rs.10/- each	Rs. 21.695 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	21.695	21.695	21.695
(b) Reserves & Surplus	(23.055)	121.405	265.324
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	(1.360)	143.100	287.019
(3) Non-Current Liabilities
(a) long-term borrowings	913.659	1174.823	977.007
(b) Deferred tax liabilities (Net)	49.642	33.963	13.606
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	963.301	1208.786	990.613
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	602.804	163.281	175.297
(c) Other current liabilities	94.695	77.164	47.898
(d) Short-term provisions	6.148	2.919	4.073
Total Current Liabilities (4)	703.647	243.364	227.268
TOTAL	1665.588	1595.250	1504.900
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1015.953	1029.351	975.329
(ii) Intangible Assets	2.063	2.588	3.114
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.700	0.700
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	1018.016	1032.639	979.143
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	543.658	443.985	403.313
(c) Trade receivables	67.332	68.347	44.903
(d) Cash and cash equivalents	5.198	8.974	25.783
(e) Short-term loans and advances	22.558	27.530	33.034
(f) Other current assets	8.826	13.775	18.724
Total Current Assets	647.572	562.611	525.757
TOTAL	1665.588	1595.250	1504.900

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	152.160	147.800
		Other Income	8.325	17.690
		TOTAL (A)	160.485	165.490	80.506
Less	EXPENSES
		Cost of material consumed	40.519	68.798
		Employee benefits expenses	37.868	31.055
		Other Expenses	75.666	81.772
		Changes in inventories	(2.184)	(2.311)
		TOTAL (B)	151.869	179.314	105.618 (Financial Expenses and Depreciation)
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		8.616	(13.824)
Less	FINANCIAL EXPENSES (D)		87.942	68.751
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(79.326)	(82.575)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		49.456	40.986
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		(128.782)	(123.561)	(25.112)
Less	TAX (H)		15.678	20.358	13.534
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		(144.460)	(143.919)	(38.646)
	EARNINGS IN FOREIGN CURRENCY		10.790	14.229	0.000
	Earnings / (Loss) Per Share (Rs.)		(66.59)	(66.34)	(17.81)

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	(90.01)	(86.97)	(48.00)
Net Profit Margin (PBT/Sales)	(%)	(84.64)	(83.60)	NA
Return on Total Assets (PBT/Total Assets}	(%)	(7.73)	(7.75)	(1.67)
Return on Investment (ROI) (PBT/Networth)		94.69	(0.86)	(0.09)
Debt Equity Ratio (Total Debt/Networth)		(671.81)	8.21	3.40
Current Ratio (Current Asset/Current Liability)		0.92	2.31	2.31

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)	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

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10330006	22/12/2011	478,000.00	THE KARUR VYSYA BANK LIMITED	A-354, SECTOR-19, NOIDA, NOIDA - 201301, UTTAR PRADESH, INDIA	B29965506
2	10322801	21/11/2011	470,000.00	THE KARUR VYSYA BANK LIMITED	A-354, SECTOR-19, NOIDA, NOIDA - 201301, UTTAR PRADESH, INDIA	B27732650
3	10274246	25/01/2011	750,000.00	KARUR VYSYA BANK LIMITED	A-354, SECTOR-19, NOIDA, NOIDA - 201301, UTTAR PRADESH, INDIA	B08566747
4	10251148	12/10/2010	7,700,000.00	KOTAK MAHINDRA BANK LIMITED	36-38A, NARIMAN BHAVAN, 227, D, NARIMAN POINT, MUMBAI - 400021, MAHARASHTRA, INDIA	A99745614
5	10245092	14/09/2010	750,000.00	KARUR VYSYA BANK LIMITED	A-354, SECTOR-19, NOIDA, NOIDA - 201301, UTTAR PRADESH, INDIA	A96745781
6	10115921	25/03/2011 *	775,000,000.00	PUNJAB NATIONAL BANK	MCB, A-9, CONNAUGHT CIRCUS, NEW DELHI - 110001, INDIA	B10107902

* Date of charge modification

UNSECURED LOANS

PARTICULAR	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
LONG TERM BORROWINGS
From Promoters/ Shareholders	322.254	503.968
From Associate Companies	13.000	13.000
Total	335.254	516.968

BACKGROUND

The Company was promoted by Assotech Limited and Supertech Limited. It was incorporated with the main object to own, construct, erect, build, fabricate, execute, improve, administer, manage or control hospitality projects like hotels, resorts, theaters, multiplexes and amusement parks etc. For other main, incidental or ancillary and other objects, Company's Memorandum and Articles of Association can be referred.

During the year, the Company has segregated its activities into two segments (i.e. Hotel and Mall-cum-Multiplex) for the greater transparency in the business model of the company.

Hotel

Company has a license agreement with Radisson Hotel International, Inc., Singapore. As per this agreement company will operate & manage the hotel at Rudrapur under the brand name of "Radisson Blu".

Mall-cum-Multiplex

Company has started signing leasing agreements with the leading & renowned brands and has received signing amounts as security deposits. As per these agreements company will lease out spaces in the mall-cum-Multiplex as and when the building will be operational. No income / revenue have been earned / recognized during the year from the leasing business.

Company has booked sale of 44% of the total FAR space in the Mall-cum-Multiplex. Accordingly during the current financial year Company has recognized Revenue and Expenses based on the "percentage of completion method" for Mall-cum-Multiplex building.

PERFORMANCE HIGHLIGHTS:

HOTEL

Radisson Blu Hotel Metropolis Rudrapur is the first five star hotel to open its doors in the Kumaon Region. Its proximity to famous getaways -Nainital, Corbett National Park and Almora make it a key business and tourist destination. The 124 sprawling rooms and the suites are distinctively charming with straight line furniture and minimalist decor which exemplify space and freedom. The grand yet contemporary interior designs blend elegance with style.

The rooms at the hotel offer premium facilities such as Wi-Fi, Mini bar, LCD TV, Tealcoffee maker, Electronic safe, Noise insulation double glass to name a few. Catering much to the needs of its business and corporate clientele, the hotel boasts of extensive conference facilities, an expansive ballroom, banquet spaces and hnction rooms – all equipped with the latest technology.

MALL-CUM-MULTIPLEX

The company has started signing leasing agreements with the leading and renowned brands and has received signing amounts as security deposits. As per these agreements the company will lease out spaces in the mall-cum-Multiplex as and when the building will be operational. No income 1 revenue have been earned / recognized during the year from the leasing business.

The Company has booked sale of 44% of the total FAR space in the Mall-cum- Multiplex. Accordingly during the current financial year Company has recognized Revenue and Expenses based on the "percentage of completion method" for Mall-cum-Multiplex building.

From this year onwards, costs incurred for the construction of Mall-cum-Multiplex are being treated as Inventory. Total cost of inventory of Mall-cum-Multiplex Project "work-in-process" is Rs.538.748 Millionss.

FINANCIAL PERFORMANCE:

During the year, the company recorded a sale turnover of Rs.160.485 Millions (Previous year: Rs.165.491 Millions. The profit/(Loss) before tax for the year was 128.782 Millions (Previous year: (-)Rs. 123.561 Millions) while the profit/(Loss) after tax was 144.460 Millions (Previous year: (-)Rs. 143.919 Millions).

CONTINGENT LIABILITIES:

PARTICULARS	31.03.2013 (Rs. In Millions)	31.03.2012 (Rs. In Millions)
Estimated value of contracts remaining to be executed on capital account not provided for	10.000	10.000
Guarantee given by the company	0.000	0.000
Deferred sales tax liability	0.000	0.000
Duty benefit availed under EPCG scheme, pending export obligations.	10.010	10.010

FIXED ASSETS

v Tangible Assets

Land – Leasehold

Building

Plant and Machinery

Computers

Vehicles

Furniture, Fixture and Equipments

v Intangible Assets

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 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.62.10
UK Pound	1	Rs.101.27
Euro	1	Rs.85.43

INFORMATION DETAILS

Report Prepared by :

MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	--
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	3
--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		16

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.