MIRA INFORM REPORT

Report Date :

06.07.2013

IDENTIFICATION DETAILS

Name :	LAPLANT BEVERAGES PRIVATE LIMITED
Registered Office :	#701 Pandurang Vihar, Plot #27/28, Sector V, Sanpada, Navi Mumbai – 400705, Maharashtra
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	23.01.2012
Com. Reg. No.:	11-226361
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U15500MH2012PTC226361
Legal Form :	Private Limited Liability Company
Line of Business :	Trading, Branding and Distribution of Natural and Certified Organic and non-Organic Indian herbs, spices, teas, food, fruits, vegetables, extracts, oils and various botanical products.
No. of Employees :	Information declined by the management

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 :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a relatively new company having a moderate track record. Mr. Pankaj Sharma the director has denied to disclose any information about the company. As per the financial of 2012 the company has suffered some loss due to per-incorporation and preliminary expenses. No other detail 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.

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 DECLINED BY

Name :	Mr. Pankaj Prakash Sharma
Designation :	Director
Contact No.:	91-9819333384
Date :	06.07.2013

LOCATIONS

Registered Office :	#701 Pandurang Vihar, Plot #27/28, Sector V, Sanpada, Navi Mumbai – 400705, Maharashtra, India
Tel. No.:	91-22-61273996
Mobile No.:	91-9819333384 (Mr. Pankaj Prakash Sharma)
Fax No.:	Not Available
E-Mail :	amod.kumar@gmail.com mca.rakchamps@yahoo.com

DIRECTORS

As on 29.09.2012

Name :	Mr. Amod Kumar Singh
Designation :	Director
Address :	C-125, Pankaj Prakash Annie Beasant Road, Opposite Poddar Hospital, Mumbai – 400018, Maharashtra, India
Date of Birth/Age :	15.09.1981
Date of Appointment :	23.01.2012
DIN No.:	05111675
Name :	Mr. Pankaj Prakash Sharma
Designation :	Director
Address :	301, SEA Creast-II, 7-Banglow, Andheri (West), Mumbai – 400058, Maharashtra, India
Date of Birth/Age :	05.03.1982
Date of Appointment :	23.01.2012
DIN No.:	02060614

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2012

Names of Shareholders	No. of Shares
Pankaj Prakash Sharma	5000
Amod Kumar Singh	5000
Total	10000

As on 29.09.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Trading, Branding and Distribution of Natural and Certified Organic and non-Organic Indian herbs, spices, teas, food, fruits, vegetables, extracts, oils and various botanical products.

GENERAL INFORMATION

No. of Employees :	Information declined by the management
Bankers :	Axis Bank

Banking Relations :	---
Auditors :
Name :	Rakchamps and Company Chartered Accountants
Address :	GF-9, H-Wing, Rock Enclave, Sahyadri Nagar, Charkop, Kandivali (West), Mumbai – 400067, Maharashtra, India
Tel. No.:	91-22-61273996 / 64003555 / 67636555
E-Mail :	accounts@rakchamps.com
Website :	www.rakchamps.com
PAN No.:	AAMFR6377H

CAPITAL STRUCTURE

As on 31.03.2012

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
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	(0.023)
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.077
(3) Non-Current Liabilities
(a) long-term borrowings	0.100
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) long-term provisions	0.000
Total Non-current Liabilities (3)	0.100
(4) Current Liabilities
(a) Short term borrowings	0.000
(b) Trade payables	0.081
(c) Other current liabilities	0.000
(d) Short-term provisions	0.003
Total Current Liabilities (4)	0.084
TOTAL	0.261
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	0.000
(iv) Intangible assets under development	0.000
(b) Non-current Investments	0.000
(c) Deferred tax assets (net)	0.000
(d) Long-term Loan and Advances	0.000
(e) Other Non-current assets	0.047
Total Non-Current Assets	0.047
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.145
(c) Trade receivables	0.000
(d) Cash and cash equivalents	0.069
(e) Short-term loans and advances	0.000
(f) Other current assets	0.000
Total Current Assets	0.214
TOTAL	0.261

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012
	SALES
		Income	NA
		Other Income
		TOTAL	NA
Less	EXPENSES
		Office Expenses
		Administrative Expenses	NA
		Advertising Expenses
		TOTAL	NA
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		(0.021)
Less/ Add	DEPRECIATION/ AMORTISATION		0.001
	PROFIT / (LOSS) BEFORE TAX		(0.022)
Less	TAX		0.000
	PROFIT / (LOSS) AFTER TAX		(0.022)
	Earnings / (Loss) Per Share (Rs.)		(2.20)

KEY RATIOS

PARTICULARS		31.03.2012
Return on Total Assets (PBT/Total Assets}	(%)	(8.43)
Return on Investment (ROI) (PBT/Networth)		(0.29)
Debt Equity Ratio (Total Debt /Networth)		1.30
Current Ratio (Current Asset/Current Liability)		2.55

LOCAL AGENCY FURTHER INFORMATION

DETAILS OF SUNDRY CREDITORS

Rs. In Millions

Particular	31.03.2012
Creditors	0.081
Total	0.081

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	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	No
12]	Profitability for last one year	Yes
13]	Reasons for variation <> 20%	----------------------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
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

BACKGROUND

Subject is a Private Limited Company promoted by Mr. Amod Kumar Singh and Mr. Pankaj Prakash. Company office is situated at 701 Pandurang Vihar, Plot 27/28, Sector‐V, Sanpada, Navi Mumbai‐400705, Maharashtra, India.

OPERATIONAL OUTLOOK

During the year ended 31 March 2012, company has suffered by loss of Rs.0.022 Million. This is mainly due to Pre incorporation and Preliminary expenses amounting to Rs. 0.012 Million.

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.60.34
UK Pound	1	Rs.90.79
Euro	1	Rs.77.81

INFORMATION DETAILS

Information Gathered by :	PDT
Report Prepared by :	NTH

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	NO
--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

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.