MIRA INFORM REPORT

Report Date :

18.01.2013

IDENTIFICATION DETAILS

Name :	K P G MARKETING PRIVATE LIMITED

Registered Office :	5, Jagriti Enclave, DDA Market, Delhi – 110 092

Country :	India

Financials (as on) :	31.03.2012

Date of Incorporation :	25.04.2008

Com. Reg. No.:	55-177262

Capital Investment / Paid-up Capital :	Rs.0.100 Million

CIN No.: [Company Identification No.]	U28996DL2008PTC177262

Legal Form :	Private Limited Liability Company

Line of Business :	Trader of Alloy Metal.

No. of Employees :	12 (Approximately)

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.

INFORMATION PARTED BY

Name :	Mr. Rajesh Subhash Sharma
Designation :	Additional Director
Contact No.:	91-8510007713
Date :	12.01.2013

LOCATIONS

Registered Office :	5, Jagriti Enclave, DDA Market, Delhi – 110092, India
Tel. No.:	91-11-43026444
	91-8510007713 (Rajesh Subhash Sharma)
Fax No.:	Not Available
E-Mail :	deshrajca@yahoo.co.in aggarwalajesh@yahoo.co.in info@csnitesh.com rajeshsharma789@gmail.com
Area :	500 sq ft
Location :	Rented

Godown :	Located at: v Bijwasan, Delhi

DIRECTORS

As on 29.09.2012

Name :	Mr. Sunil Kallu Ram
Designation :	Additional Director
Address :	D-814, Nand Nagri, New Delhi – 110 093, India
Date of Birth/Age :	17.06.1983
Qualification :	M.Com
Date of Appointment :	01.05.2012
DIN No.:	06396107

Name :	Mr. Rajesh Subhash Sharma
Designation :	Additional Director
Address :	251, East Jyoti Nagar, Shahdara, Delhi – 110 032, India
Date of Birth/Age :	07.04.1979
Qualification :	Post Graduate
Date of Appointment :	01.05.2012
DIN No.:	06396113

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2012

Names of Shareholders		No. of Shares
Anubhav Narender Bansal		5000
Vaibhav Narender Bansal		5000
Total		10000

As on 29.09.2012

Equity Share Breakup		Percentage of Holding
Category
Directors or relatives of directors		100.00

BUSINESS DETAILS

Line of Business :	Trader of Alloy Metal.

Terms :
Selling :	Cash and Credit

Purchasing :	Cash and Credit

GENERAL INFORMATION

Suppliers :	v K.R. Industries, New Delhi

Customers :	Retailers v Kamal Raj Udyog, New Delhi

No. of Employees :	12 (Approximately)

Bankers :	v ICICI Bank Limited, Laurence Road Branch (Contact No.: 91-9811423778) v Punjab and Sind Bank

Facilities :	--


Banking Relations :	--

Auditors :
Name :	S.R. Agrawal and Associates Chartered Accountants
Address :	A-601, Pawitra Apartment, Vasundhara Enclave, Delhi – 110 092, India
Income-tax PAN of auditor or auditor's firm :	ABWFS8146G

CAPITAL STRUCTURE

As on 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs.10/- each	Rs.1.000 million

Issued, Subscribed & Paid-up Capital :

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

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.100/- each	Rs.1.000 million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1000	Equity Shares	Rs.100/- 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		0.550	0.000	0.000
3] Reserves & Surplus		0.304	0.000	0.000
4] (Accumulated Losses)		0.000	(0.076)	(0.069)
NETWORTH		0.954	0.024	0.031
LOAN FUNDS
1] Secured Loans		0.000	0.000	0.000
2] Unsecured Loans		0.254	0.000	0.000
TOTAL BORROWING		0.254	0.000	0.000
DEFERRED TAX LIABILITIES		0.000	0.000	0.000

TOTAL		1.208	0.024	0.031

APPLICATION OF FUNDS

FIXED ASSETS [Net Block]		0.584	0.000	0.000
Capital work-in-progress		0.000	0.000	0.000

INVESTMENT		0.000	0.000	0.000
DEFERRED TAX ASSETS		0.006	0.000	0.000

CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1.037	0.000	0.000
	Sundry Debtors	0.837	0.000	0.000
	Cash & Bank Balances	0.318	0.059	0.097
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	0.000	0.000	0.000
Total Current Assets		2.192	0.059	0.097
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	1.336	0.000	0.000
	Other Current Liabilities	0.000	0.000	0.000
	Provisions	0.238	0.035	0.066
Total Current Liabilities		1.574	0.035	0.066
Net Current Assets		0.618	0.024	0.031

MISCELLANEOUS EXPENSES		0.000	0.000	0.000

TOTAL		1.208	0.024	0.031

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Revenue from operations	254.636	0.000	0.000
		Other Income	0.000	0.000	0.000
		TOTAL (A)	254.636	0.000	0.000

Less	EXPENSES
		Cost of Materials Consumed	246.626	0.000	0.000
		Employee Benefits Expenses	2.570	0.000	0.000
		Other Expenses	4.862	0.007	0.016
		TOTAL (B)	254.058	0.007	0.016

Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		0.578	(0.007)	(0.016)

Less	FINANCIAL EXPENSES (D)		0.050	0.000	0.000

	PROFIT/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		0.528	(0.007)	(0.016)

Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.155	0.000	0.000

	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		0.373	(0.007)	(0.016)

Less	TAX (H)		0.000	0.000	0.000

	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		0.373	(0.007)	(0.016)

	Earnings/ (Loss) Per Share (Rs.)		373.00	(7.00)	NA

Expected Sales (2012-2013): Rs.600.000 millions

The above information has been parted by Mr. Rajesh Subhash Sharma (Additional Director).

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	0.15	0.00	0.00

Net Profit Margin (PBT/Sales)	(%)	0.15	0.00	0.00

Return on Total Assets (PBT/Total Assets}	(%)	13.44	(11.86)	(16.49)

Return on Investment (ROI) (PBT/Networth)		0.39	(0.29)	(0.52)

Debt Equity Ratio (Total Liability/Networth)		1.92	1.46	2.13

Current Ratio (Current Asset/Current Liability)		1.39	1.69	1.47

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	Yes
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
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	Yes
15]	Capital in the business	Yes
16]	Details of sister concerns	No
17]	Major suppliers	Yes
18]	Major customers	Yes
19]	Payments terms	Yes
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	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

Note:

The Registered office of the company has been shifted from, 105, IInd Floor, Dabir Kalan, Delhi – 110 006, India, to the present address w.e.f. 01.06.2012.

Unsecured Loans	31.03.2012 (Rs. in Millions)	31.03.2011 (Rs. in Millions)
Long Term Borrowings
Rajesh Sharma	0.111	0.000
Sunil	0.143	0.000
Total	0.254	0.000

FINANCIAL RESULTS

The company has accrued net profit of Rs.0.373 Millions.

TRADE REFERENCES:

v Kamal Raj Udyog, New Delhi

v K.R. Industries, New Delhi

FIXED ASSETS:

v Car

v Office Equipment

v Computer

v Furniture and Fixture

v Mobile Phone

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.54.54
UK Pound	1	Rs.88.05
Euro	1	Rs.72.29

INFORMATION DETAILS

Information Gathered by :	PJA

Report Prepared by :	SMN

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.

MIRA INFORM REPORT

1.037

0.837

0.318

0.000

0.000

2.192

1.336

0.000

0.238

1.574

0.618

0.15

0.15

13.44

0.39

1.92

1.39

Unit