. Summary Information

		Country	India
Company Name	UR DIAGNOSTICS PRIVATE LIMITED	Principal Name 1	Mr. Malladi Srinivas
Status	Moderate	Principal Name 2	Ms. Pooja Srinivas
		Registration #	05-037193
Street Address	204, First Floor, Mittal Shopping Complex, Kulbir Singh Marg, NH-5, NIT, Faridabad – 121001, Haryana, India
Established Date	06.09.2007	SIC Code	--
Telephone#	91-129-4059580	Business Style 1	Manufacturers
Fax #	91-129-4059580	Business Style 2	--
Homepage	www.urdiagnostics.in	Product Name 1	Diagnostic Equipments
# of employees	Not Available	Product Name 2	--
Paid up capital	Rs. 2,896,000	Product Name 3	--
Shareholders	Directors or relatives of Directors – 100%	Banking	Oriental Bank of Commerce
Public Limited Corp.	--	Business Period	06 Years
IPO	---	International Ins.	-
Public Enterprise	---	Rating	B (27)
Related Company
Relation --	Country --	Company Name	--
Note	-

2. Summary Financial Statement

Balance Sheet as of	31.03.2012		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	75,414,000	Current Liabilities	19,096,000
Inventories	3,850,000	Long-term Liabilities	61,859,000
Fixed Assets	7,935,000	Other Liabilities	312,000
Deferred Assets	401,000	Total Liabilities	81,267,000
Invest& other Assets	0,000	Retained Earnings	5,095,000
		Net Worth	6,333,000
Total Assets	87,600,000	Total Liab. & Equity	87,600,000
Total Assets (Previous Year)	45,125,000
P/L Statement as of	31.03.2012		(Unit: Indian Rs.)
Total Turnover	131,975,000	Net Profit	1,519,000
Total Turnover (Previous yr)	93,950,000	Net Profit(Prev.yr)	831,000

MIRA INFORM REPORT

Report Date :

08.06.2013

IDENTIFICATION DETAILS

Name :		UR DIAGNOSTICS PRIVATE LIMITED
Registered Office :		204, First Floor, Mittal Shopping Complex, Kulbir Singh Marg, NH-5, NIT, Faridabad – 121001, Haryana
Country :		India
Financials (as on) :		31.03.2012
Date of Incorporation :		06.09.2007
Com. Reg. No.:		05-037193
Capital Investment / Paid-up Capital :		Rs. 2.896 Millions
CIN No.: [Company Identification No.]		U85192HR2007PTC037193
TAN No.: [Tax Deduction & Collection Account No.]		RTKU00747F
Legal Form :		Private Limited Liability Company
Line of Business :	Manufacturer of Diagnostic Equipments.
No. of Employees :		Not Available

RATING & COMMENTS

MIRA’s Rating :

B (30)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 25000
Status :	Moderate
Payment Behaviour :	Slow but Correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. The external borrowing appears to be huge, which act as a threat to the liquidity. However, trade relations are reported as fair. Business is active. Payments are reported to be slow but correct. The company can be considered for business dealings with some caution.

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

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/Factory :	204, First Floor, Mittal Shopping Complex, Kulbir Singh Marg, NH-5, NIT, Faridabad – 121001, Haryana, India
Tel. No.:	91-129-4059580/82
Fax No.:	91-129-4059580/81
E-Mail :	csgupta@gmail.com gulati.ss@gmail.com malladisrinivas@urdiagnostic.in ms2811@gmail.com urdmarketing@gmail.com
Website :	www.urdiagnostics.in

DIRECTORS

As on 29.09.2012

Name :

Mr. Malladi Srinivas

Designation :

Director

Address :

129, Sector – 28, Faridabad – 121008, Haryana, India

Date of Birth/Age :

28.11.1970

Date of Appointment :

15.10.2008

DIN No.:

00276822

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	U24239DL2003PTC120213	MEDSOURCE OZONE BIOMEDICALS PRIVATE LIMITED	Director	10/05/2003	10/05/2003	15/05/2009	Active	NO
2	U85192HR2007PTC037193	UR DIAGNOSTICS PRIVATE LIMITED	Director	15/10/2008	06/09/2007	-	Active	NO

Name :

Ms. Pooja Srinivas

Designation :

Director

Address :

129, Sector – 28, Faridabad – 121008, Haryana, India

Date of Birth/Age :

11.04.1980

Date of Appointment :

22.10.2010

DIN No.:

00559125

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	U51397DL2003PTC119626	KRYPTON BIOMEDICALS PRIVATE LIMITED	Director	31/07/2006	31/07/2006	23/08/2009	Active	NO
2	U85192HR2007PTC037193	UR DIAGNOSTICS PRIVATE LIMITED	Director	20/04/2010	06/09/2007	-	Active	NO
3	U85110HR2010PTC041422	UR HEALTH CARE PRIVATE LIMITED	Director	22/10/2010	22/10/2010	-	Active	NO
4	U85100HR2010PTC041419	UR BIO MEDICAL PRIVATE LIMITED	Director	22/10/2010	22/10/2010	-	Active	NO

Name :

Mr. Upendra Phani Kumar Malladi

Designation :

Director

Address :

129, Sector – 28, Faridabad – 121008, Haryana, India

Date of Birth/Age :

05.11.1991

Date of Appointment :

22.10.2010

DIN No.:

02968291

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	U85192HR2007PTC037193	UR DIAGNOSTICS PRIVATE LIMITED	Director	26/02/2010	26/02/2010	-	Active	NO
2	U85110HR2010PTC041422	UR HEALTH CARE PRIVATE LIMITED	Director	22/10/2010	22/10/2010	-	Active	NO
3	U85100HR2010PTC041419	UR BIO MEDICAL PRIVATE LIMITED	Director	22/10/2010	22/10/2010	-	Active	NO

MAJOR SHAREHOLDERS

As on 29.09.2012

Names of Shareholders	No. of Shares	Percentage of Holding
Malladi Srinivas	107495	43.00%
Pooja Srinivas	60500	24.20%
Upendra Phani Kumar Malladi	61650	24.66%

Equity Share Break up (Percentage of Total Equity)

As on 29.09.2012

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Manufacturer of Diagnostic Equipments.

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

• Development Credit Bank Limited, A-Set House, Third Floor, 7/56, Desh Bandhu Gupta Road, Karol Bagh, New Delhi - 110005, India
• Oriental Bank of Commerce, Huda Market, Sector 17, Faridabad - 121006, Haryana, India
• Indusind Bank Limited, 2401 Gen Thimmayya Road, Contonment, Pune – 411001, Maharashtra
• J.K. bank Limited, Haryana, India
• ICICI Bank Limited, Haryana, India

Facilities :

Secured Loan	As on 31.03.2012 Rs. In Millions	As on 31.03.2011 Rs. In Millions
Term loans from banks and guarnanted by the directors of the company	8.259	0.912
Term loan secured against hypothecation of car secured against hypothecation of car and guarnanted by the directors	5.822	5.287
J.K. Bank Limited / ICICI Bank Limited (Secured against hypothecation of stock and book-debts)	38.383	13.847
Total	52.464	20.046

Banking Relations :	--
Auditors :
Name :	Svans and Associates Chartered Accountant
Address :	294, Shyanm Niwas, Sector-28, Faridabad – 121008, Haryana, India
Tel No.:	91-129-4041950
Email :	ssgulati@hotmail.com

CAPITAL STRUCTURE

After 29.09.2012

Authorised Capital : Rs. 3.500 Millions

Issued, Subscribed & Paid-up Capital : Rs. 2.896 Millions

As on 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
250000	Equity Shares	Rs.10/- each	Rs. 2.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
250000	Equity Shares	Rs.10/- each	Rs. 2.500 Millions

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
250000	Equity Shares	Rs.10/- each	Rs. 2.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
123835	Equity Shares	Rs.10/- each	Rs. 1.238 Millions

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		1.238	0.900	0.100
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		5.095	2.898	0.467
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		6.333	3.798	0.567
LOAN FUNDS
1] Secured Loans		52.464	20.046	9.195
2] Unsecured Loans		9.395	4.049	2.703
TOTAL BORROWING		61.859	24.095	11.898
DEFERRED TAX LIABILITIES		0.000	6.150	0.000
TOTAL		68.192	34.043	12.465
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		7.935	8.245	1.665
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERRED TAX ASSETS		0.401	0.214	0.024
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	3.850	2.816	0.826
	Sundry Debtors	69.004	31.390	14.831
	Cash & Bank Balances	1.873	0.563	0.896
	Other Current Assets	0.000	0.007	0.000
	Loans & Advances	4.537	1.890	8.857
Total Current Assets		79.264	36.666	25.410
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	15.425	9.617	0.000
	Other Current Liabilities	3.671	1.465	14.423
	Provisions	0.312	0.000	0.221
Total Current Liabilities		19.408	11.082	14.644
Net Current Assets		59.856	25.584	10.766
MISCELLANEOUS EXPENSES		0.000	0.000	0.010
TOTAL		68.192	34.043	12.465

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income
		Other Income
		TOTAL (A)	131.975	93.950	50.268
Less	TOTAL EXPENSES (B)		120.645	89.121	48.481
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		11.330	4.829	1.787
Less	FINANCIAL EXPENSES (D)		7.102	2.042	0.933
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		4.228	2.787	0.854
Less/ Add	DEPRECIATION/ AMORTISATION (F)		1.825	1.524	0.228
	PROFIT BEFORE TAX (E-F) (G)		2.403	1.263	0.626
Less	TAX (H)		0.884	0.432	0.198
	PROFIT AFTER TAX (G-H) (I)		1.519	0.831	0.428
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1.298	0.467	0.039
	BALANCE CARRIED TO THE B/S		2.817	1.298	0.467
	Earning Per Share		12.27	NA	NA

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	1.15	0.88	0.85
Net Profit Margin (PBT/Sales)	(%)	NA	NA	NA
Return on Total Assets (PBT/Total Assets}	(%)	2.76	2.81	2.31
Return on Investment (ROI) (PBT/Networth)		0.38	0.33	1.10
Debt Equity Ratio (Total Debt /Networth)		9.77	6.34	20.98
Current Ratio (Current Asset/Current Liability)		4.08	3.31	1.73

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

UNSECURED LOANS:

Particulars	31.03.2012 Rs. In Millions	31.03.2011 Rs. In Millions
Loans from directors, friends and relatives	9.395	4.049
Total	9.395	4.049

BANKERS CHARGES REPORT AS PER REGISTRY

Corporate identity number of the company	U85192HR2007PTC037193
Name of the company	UR DIAGNOSTICS PRIVATE LIMITED
Address of the registered office or of the principal place of business in India of the company	204, First Floor, Mittal Shopping Complex, Kulbir Singh Marg, NH-5, NIT, Faridabad – 121001, Haryana, India gulati.ss@gmail.com
This form is for	Creation of charge
Type of charge	Book debts Movable property (not being pledge) Floating charge Others
Particular of charge holder	Indusind Bank Limited, 2401 Gen Thimmayya Road, Contonment, Pune – 411001, Maharashtra
Nature of instrument creating charge	Deed of Hypothecation dated 29.01.2013.
Date of instrument Creating the charge	29.01.2013
Amount secured by the charge	Rs. 50.000 Millions
Brief of the principal terms an conditions and extent and operation of the charge	Rate of Interest CC- 2.25% above Bank's Base Rate (presently the Base Rate is I0.75% p.a.) rising or falling therewith. WCDL (Sub-limit of CC facility)- At a rate computed at a spread above Bank's Base Rate Terms of Repayment On Demand (As per Sanction Letter). Margin CC- Minimum (As per Sanction Letter). Extent and Operation of the charge 100% Others Type of Facility- Cash Credit (CC)- Rs. 50.000 Millions. Working Capital Demand Loan (WCDL) (Sub-limit of CC facility) - Rs. 30.000 Millions. Other terms and condition
Short particulars of the property or asset(s) charged (including complete address and location of the property)	CC- Hypothecation of the entire current assets of the company comprising, inter alia, of stocks of raw material, work in progress, finished goods, receivables, book debts and other current assets both present and future except other assets exclusively financed by other banks. First and exclusive charge on movable fixed assets of the company both present and future except other assets exclusively financed by other banks. WCDL- First and exclusive charge on the entire current assets of the Company comprising , inter alia, of stocks of raw material, work in progress, finished goods, receivables, book debts and other current assets both present and future except other assets exclusively financed by other banks. First and exclusive charge on movable fixed assets of the company both present and future except other assets exclusively financed by other banks.

FIXED ASSETS:

• Freehold Land
• Leasehold Land
• Godown Building
• Factory Building
• Plant and Equipments
• Furniture and Fixture
• Vehicles (cars)
• Jewellery
• Office Equipments
• Computers

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. 56.74
UK Pound	1	Rs. 88.53
Euro	1	Rs. 75.20

INFORMATION DETAILS

Report Prepared by :

VNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10
PAID-UP CAPITAL	1~10
OPERATING SCALE	1~10
FINANCIAL CONDITION
--BUSINESS SCALE	1~10
--PROFITABILIRY	1~10
--LIQUIDITY	1~10
--LEVERAGE	1~10
--RESERVES	1~10
--CREDIT LINES	1~10
--MARGINS	-5~5
DEMERIT POINTS
--BANK CHARGES	YES/NO
--LITIGATION	YES/NO
--OTHER ADVERSE INFORMATION	YES/NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO
--EXPORT ACTIVITIES	YES/NO
--AFFILIATION	YES/NO
--LISTED	YES/NO
--OTHER MERIT FACTORS	YES/NO
DEFAULTER
--RBI	YES/NO
--EPF	YES/NO
TOTAL

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.