MIRA INFORM REPORT

Report Date :

28.03.2013

IDENTIFICATION DETAILS

Name :	G. PLAST PRIVATE LIMITED
Registered Office :	No.66, Richmond Road, Opposite Classic Towers, Bangalore-560025, Karnataka
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	18.03.1985
Com. Reg. No.:	08-006775
Capital Investment / Paid-up Capital :	Rs. 30.000 Millions
CIN No.: [Company Identification No.]	U02922KA1985PTC006775
Legal Form :	Private Limited Liability Company
Line of Business :	Subject is engaged in the design, development and manufacture of injection moulding components and diecast tools.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	USD 500000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having a satisfactory track record. Trade relations are reported as decent. Business is active. Payment terms are usually correct and as per commitment. The company can be considered for business dealings at usual 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

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.

LOCATIONS

Registered Office :	No.66, Richmond Road, Opposite Classic Towers, Bangalore-560025, Karnataka, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	finance@gplast.com
Factory 1 :	“Gopal Bagh”, 1065, Avinashi Road, Coimbatore-641014, Tamilnadu, India
Tel. No.:	91-422-2243798 / 2243439
Fax No.:	91-422-2242760
Factory 2 :	83-A, Avinashi Road, Coimbatore-641014, Tamilnadu, India

DIRECTORS

AS ON 10.09.2012

Name :	Ms. Chandralekha Gopal
Designation :	Director
Address :	1062, Avanashi Road, Gopal Bagh, Coimbatore-641018, Tamilnadu, India
Date of Birth/Age :	02.10.1941
Date of Appointment :	26.12.1997
DIN No.:	00166387

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	U60210TN1960PTC004322	ASHOK TRAVELS PRIVATE LIMITED	Director	01/01/1961	01/01/1961	-	Active	NO
2	U65993TZ1968PTC000590	GEDEE INVESTMENTS PRIVATE LIMITED	Director	29/08/1968	29/08/1968	-	Active	NO
3	U60210TZ1929PTC000240	UNITED MOTORS COIMBATORE PRIVATE LIMITED	Director	19/01/1971	19/01/1971	-	Active	NO
4	U29191TZ1979PTC000891	PRECICOM PRIVATE LIMITED	Director	07/12/1979	07/12/1979	-	Active	NO
5	U29120TZ1946PTC000097	MOTORS AND SERVICES PRIVATE LIMITED	Director	06/11/1981	06/11/1981	24/03/2012	Active	NO
6	U05110TZ1932PTC000067	IMPORTERS PRIVATE LIMITED	Director	27/12/1988	27/12/1988	-	Active	NO
7	U65993TZ1989PTC002392	DERA INVESTMENTS PRIVATE LIMITED	Director	20/03/1989	20/03/1989	-	Active	NO
8	U85110KA1989PTC009983	U.M.S. INVESTMENTS PRIVATE LIMITED	Director	05/04/1989	05/04/1989	-	Strike off	NO
9	U17115TZ1982PTC001198	NOVA EXPORTS PRIVATE LIMITED	Director	12/10/1989	12/10/1989	-	Strike off	NO
10	U29191TZ1982PTC001205	GEDEE ASSOCIATES PRIVATE LIMITED	Director	10/06/1996	10/06/1996	-	Active	NO
11	U29269TZ1932PTC000046	D ENGINEERING PRIVATE LIMITED	Director	15/06/1996	15/06/1996	-	Active	NO
12	U65993TZ1988PTC002180	UNIXINVESTMENTS PRIVATE LIMITED	Director	29/09/1996	29/09/1996	-	Active	NO
13	U02922KA1985PTC006775	G.PLAST PRIVATE LIMITED	Director	26/12/1997	26/12/1997	-	Active	NO
14	U02221TZ1982PTC001189	G PRINT PRIVATE LIMITED	Director	22/06/1998	22/06/1998	-	Active	NO
15	U95000TZ1983PTC001270	COIMBATORE SECURITY PRIVATE LIMITED	Director	22/07/1998	22/07/1998	-	Active	NO

Name :	Ms. Shanthini Venkatesam Choudhary
Designation :	Director
Address :	1 V, Palaniswamy Naidu Street, Avinashi Road, Coimbatore-641018, Tamilnadu, India
Date of Birth/Age :	15.04.1964
Date of Appointment :	17.08.1987
DIN No.:	00166288

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	Company/ LLP Status	Defaulting status
1	U60210TN1960PTC004322	ASHOK TRAVELS PRIVATE LIMITED	Director	21/03/1983	21/03/1983	Active	NO
2	U60210TZ1950PTC000228	TOWN SERVICE PRIVATE LIMITED	Director	22/10/1983	22/10/1983	Active	NO
3	U02922KA1985PTC006775	G.PLAST PRIVATE LIMITED	Director	17/08/1987	17/08/1987	Active	NO
4	U65993TZ1988PTC002181	R INVESTMENT PRIVATE LIMITED	Director	26/05/1988	26/05/1988	Strike off	NO
5	U65993TZ1988PTC002180	UNIXINVESTMENTS PRIVATE LIMITED	Director	26/05/1988	26/05/1988	Active	NO
6	U65993TZ1980PTC000993	VENTURE INVESTMENTS PRIVATE LIMITED	Director	17/01/1994	17/01/1994	Active	NO
7	U27310TZ1973PLC000673	PREMIER CASTINGS LIMITED	Director	10/11/1995	10/11/1995	Active	NO
8	U29191TZ1966PTC000563	GEDEE HOPT PRIVATE LIMITED	Director	21/08/1996	21/08/1996	Active	NO
9	U74999KA1984PTC005883	S O S PRIVATE LIMITED	Director	06/09/1996	06/09/1996	Active	NO
10	U55101TZ1992PLC003842	RATHNA RESORTS LIMITED	Director	28/03/1997	28/03/1997	Active	NO
11	L32302TZ1970PLC000609	UMS TECHNOLOGIES LIMITED	Director	28/09/1999	28/09/1999	Active	NO
12	U55101TZ1995PTC006173	SUPER AIRPORT HOLDINGS (INDIA) PRIVATE LIMITED	Director	06/09/2001	06/09/2001	Active	NO
13	U65993TZ1968PTC000590	GEDEE INVESTMENTS PRIVATE LIMITED	Director	27/09/2002	27/09/2002	Active	NO
14	U05110TZ1932PTC000067	IMPORTERS PRIVATE LIMITED	Director	03/01/2008	03/01/2008	Active	NO
15	U29191TZ1966PTC000564	GEDEE WEILER PRIVATE LIMITED	Director	22/09/2009	30/05/2009	Active	NO
16	U01100TZ2008PTC014484	SUPER AGRO ENTERPRISES (INDIA) PRIVATE LIMITED	Additional director	12/03/2012	12/03/2012	Active	NO

Name :	Mr. Gopal Gopalswamy Duraiswamy
Designation :	Director
Address :	1062, Avanashi Road, Gopal Bagh, Coimbatore-641018, Tamilnadu, India
Date of Birth/Age :	02.08.1939
Date of Appointment :	24.07.1989
DIN No.:	00166241

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	U29269TZ1932PTC000046	D ENGINEERING PRIVATE LIMITED	Director	01/04/1963	01/04/1963	-	Active	NO
2	U29191TZ1966PTC000564	GEDEE WEILER PRIVATE LIMITED	Director	30/08/1966	30/08/1966	-	Active	NO
3	U29191TZ1966PTC000563	GEDEE HOPT PRIVATE LIMITED	Director	30/08/1966	30/08/1966	-	Active	NO
4	U05110TZ1932PTC000067	IMPORTERS PRIVATE LIMITED	Director	20/10/1966	20/10/1966	-	Active	NO
5	U65993TZ1968PTC000590	GEDEE INVESTMENTS PRIVATE LIMITED	Director	29/08/1968	29/08/1968	-	Active	NO
6	U60210TN1960PTC004322	ASHOK TRAVELS PRIVATE LIMITED	Director	30/08/1979	30/08/1979	-	Active	NO
7	U02221TZ1982PTC001189	G PRINT PRIVATE LIMITED	Director	22/06/1982	22/06/1982	-	Active	NO
8	U29191TZ1982PTC001205	GEDEE ASSOCIATES PRIVATE LIMITED	Director	31/07/1982	31/07/1982	-	Active	NO
9	U02922KA1985PTC006775	G.PLAST PRIVATE LIMITED	Director	24/07/1989	24/07/1989	-	Active	NO
10	U55101TZ1992PLC003842	RATHNA RESORTS LIMITED	Director	04/11/1994	04/11/1994	-	Active	NO
11	L32302TZ1970PLC000609	UMS TECHNOLOGIES LIMITED	Director	12/12/1994	12/12/1994	-	Active	NO
12	U45301TZ1995PTC006237	WATERTEC (INDIA) PRIVATE LIMITED	Director	19/06/1995	19/06/1995	-	Active	NO
13	U29120TZ1946PTC000097	MOTORS AND SERVICES PRIVATE LIMITED	Director	03/06/1996	03/06/1996	24/03/2012	Active	NO
14	U65993TZ1988PTC002181	R INVESTMENT PRIVATE LIMITED	Director	23/08/1996	23/08/1996	-	Strike off	NO
15	U74999KA1984PTC005883	S O S PRIVATE LIMITED	Director	06/09/1996	06/09/1996	-	Active	NO
16	U85110KA1989PTC009983	U.M.S. INVESTMENTS PRIVATE LIMITED	Director	01/10/1996	01/10/1996	-	Strike off	NO
17	U29191TZ1979PTC000891	PRECICOM PRIVATE LIMITED	Director	30/06/1997	30/06/1997	-	Active	NO
18	U03210TZ1997PTC008227	UMS ELECTRONICS PRIVATE LIMITED	Director	22/12/1997	22/12/1997	-	Strike off	NO
19	U95000TZ1983PTC001270	COIMBATORE SECURITY PRIVATE LIMITED	Director	22/07/1998	22/07/1998	-	Active	NO
20	U29299TZ2007PTC013498	BEBECO TECHNOLOGIES INDIA PRIVATE LIMITED	Director	05/03/2007	05/03/2007	-	Strike off	NO
21	U70101TZ2007PTC013599	PASOMA HOLDINGS INDIA PRIVATE LIMITED	Director	03/04/2007	03/04/2007	-	Active	NO
22	U62100TZ2007PTC013934	CONTI AVIATION PRIVATE LIMITED	Director	14/09/2007	14/09/2007	04/09/2008	Active	NO
23	U65993TZ1980PTC000993	VENTURE INVESTMENTS PRIVATE LIMITED	Additional director	28/02/2009	28/02/2009	-	Active	NO
24	U41000TZ2010PTC016297	GEDEE NANOVATION PRIVATE LIMITED	Director	16/08/2010	16/08/2010	-	Active	NO

Name :	Mr. Rajkumar Gopalswamy Duraiswamy
Designation :	Director
Address :	1062, Avanashi Road, Gopal Bagh, Coimbatore-641018, Tamilnadu, India
Date of Birth/Age :	21.11.1968
Date of Appointment :	17.08.1987
DIN No.:	00197696

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	Company/ LLP Status	Defaulting status
1	U02922KA1985PTC006775	G.PLAST PRIVATE LIMITED	Director	17/08/1987	17/08/1987	Active	NO
2	U65993TZ1988PTC002181	R INVESTMENT PRIVATE LIMITED	Director	26/05/1988	26/05/1988	Strike off	NO
3	U60210TN1960PTC004322	ASHOK TRAVELS PRIVATE LIMITED	Director	12/07/1988	12/07/1988	Active	NO
4	U65993TZ1989PTC002392	DERA INVESTMENTS PRIVATE LIMITED	Director	20/03/1989	20/03/1989	Active	NO
5	L32302TZ1970PLC000609	UMS TECHNOLOGIES LIMITED	Director	30/09/1995	30/09/1995	Active	NO
6	U27310TZ1973PLC000673	PREMIER CASTINGS LIMITED	Director	10/11/1995	10/11/1995	Active	NO
7	U29191TZ1966PTC000564	GEDEE WEILER PRIVATE LIMITED	Whole-time director	01/04/2011	15/12/1996	Active	NO
8	U03210TZ1997PTC008227	UMS ELECTRONICS PRIVATE LIMITED	Director	25/03/2002	25/03/2002	Strike off	NO
9	U73100TZ2005PTC011887	GD STOPP TECHNOLOGIES PRIVATE LIMITED	Director	09/06/2005	09/06/2005	Active	NO
10	U41000TZ2010PTC016297	GEDEE NANOVATION PRIVATE LIMITED	Director	16/08/2010	16/08/2010	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 10.09.2012

Names of Equity Shareholders	No. of Shares
Chandralekha Gopal	616500
Shanthini Venkatesam Choudhary	1500
Unix Investment Private Limited, India	186750
Gedee Investment Private Limited, India	213000
Gedee Hopt Private Limited, India	82000
G D Gopal HUF	162000
G D Gopal	74750
D Engineering Private Limited, India	157000
Dera Investment Private Limited, India	27000
Precicom Private Limited, India	1000
Gedee Associates Private Limited, India	28500
UMS Technologies Limited, India	200000
Premier Casting Limited, India	250000
TOTAL	2000000

Names of Preference Shareholders	No. of Shares
UMS Technologies Limited, India	100
TOTAL	100

AS ON 10.09.2012

Equity Shares Break Up	Percentage of Holding
Bodies corporate	65.00
Directors or relatives of Directors	35.00
TOTAL	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the design, development and manufacture of injection moulding components and diecast tools.

Products :

ITC CODE	PRODUCTS
90299000	Parts of Speed Indicators
84807100	Moulds
82072000	Dies

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

• The Federal Bank Limited, 21, Veriety Hall Road, Coimbatore-641001, Tamilnadu, India

Facilities :

Secured Loan	Rs. In Millions 31.03.2012	Rs. In Millions 31.03.2011
Long Term Borrowings
Term Loan account with Federal Bank Limited No.11	7.061	0.000
Term Loan account with Federal Bank Limited No.10	0.000	7.414
Vehicle Loan From Federal Bank	0.000	0.227
Short Term Borrowings
Cash Credit account with Federal bank Limited	75.773	64.942
Loan against Fixed Deposit	0.000	2.293
TOTAL	82.834	74.876
Notes Long Term Borrowings a) Term Loans are secured by all fixed assets and equitable mortgage of 1.82 acres of land and building owned by a sister concern and guaranteed by a Director. Terms of repayment of Term Loan 11 : Repayable in 30 equal monthly installments from the date of the loan (December 2011) along with interest of 11.70% p.a. Terms of repayment of Term Loan 10 : Repayable in 30 equal monthly installments from the date of the loan (September 2010) along with interest of 10.00% p.a. Short Term Borrowings a) Cash credit facility with Federal Bank of India is secured by first charge on the fixed assets, the stock, receivables and are collaterally secured by land and building owned by a group company.

Banking Relations :	--
Auditors :
Name :	Reddy Goud And Janardhan Chartered Accountant
Address :	Apartment No.106, embassy Centre, 11 Cresent Road, Bangalore-560001, Karnataka, India
PAN No.:	AABFR0092C
Related Parties :	Contl Travels Coimbatore Security Private Limited D Engineering Private Limited Gedee Weiler Private Limited Gedee Associates Private Limited Gedee Investments Private Limited Gedee Hopt Private Limited Ashok Travels Private Limited G Print Private Limited Importers Private Limited Motors and Services Private Limited SOS Private Limited UMS Services Limited UMS Technologies Limited United Motors (CBE) Private Limited Watertec Systems India Private Limited GTTI Rathna Resorts Private Limited

CAPITAL STRUCTURE

AS ON 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs.10/- each	Rs. 20.000 Millions
200	Preference Shares	Rs.100000/- each	Rs. 20.000 Millions
	TOTAL		Rs. 40.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2000000	Equity Shares	Rs.10/- each	Rs. 20.000 Millions
100	8.5% Non cumulative Redeemable Preference Shares	Rs.100000/- each	Rs. 10.000 Millions
	TOTAL		Rs. 30.000 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		30.000	30.000	30.000
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		96.758	84.251	78.378
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		126.758	114.251	108.378
LOAN FUNDS
1] Secured Loans		82.834	74.876	96.970
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		82.834	74.876	96.970
DEFERRED TAX LIABILITIES		6.479	14.726	14.753
TOTAL		216.071	203.853	220.101
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		157.250	153.749	158.793
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		4.982	4.982	4.982
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	53.393	44.299	40.662
	Sundry Debtors	85.844	66.091	53.349
	Cash & Bank Balances	15.728	20.329	12.733
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	20.311	17.379	26.511
Total Current Assets		175.276	148.098	133.255
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	45.764	35.153	37.175
	Other Current Liabilities	68.973	61.471	28.631
	Provisions	6.700	6.352	11.123
Total Current Liabilities		121.437	102.976	76.929
Net Current Assets		53.839	45.122	56.326
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		216.071	203.853	220.101

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	381.484	347.473	259.804
		Other Income
		TOTAL (A)	381.484	347.473	259.804
Less	EXPENSES
		Office Expenses	335.637	299.102	221.459
		Administrative Expenses
		Advertising Expenses
		TOTAL (B)	335.637	299.102	221.459
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		45.847	48.371	38.345
Less	FINANCIAL EXPENSES (D)		9.951	8.416	9.747
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		35.896	39.955	28.598
Less/ Add	DEPRECIATION/ AMORTISATION (F)		26.365	26.086	22.029
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		9.531	13.869	6.569
Less	TAX (H)		1.707	4.947	2.108
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		7.824	8.922	4.461
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	93.291	58.704	46.170
	TOTAL EARNINGS		93.291	58.704	46.170
	IMPORTS
		Raw Materials	NA	NA	2.294
		Stores & Spares	NA	NA	3.593
		Capital Goods	NA	NA	3.995
	TOTAL IMPORTS		NA	NA	9.882
	Earnings Per Share (Rs.)		3.91	--	--

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	2.05	2.57	1.72
Return on Total Assets (PBT/Total Assets}	(%)	2.87	4.59	2.25
Return on Investment (ROI) (PBT/Networth)		0.08	0.12	0.06
Debt Equity Ratio (Total Debt /Networth)		0.65	0.66	0.89
Current Ratio (Current Asset/Current Liability)		1.44	1.44	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)	Yes
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 was incorporated in 1985 and is engaged in the design, development and manufacture of injection moulding components and diecast tools.

FIXED ASSETS

• Building
• Plant and Machinery
• Sewage Treatment Plant
• Power Saving Equipment
• Furniture
• Motor Car
• Vehicles
• Computer
• 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 records 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] 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. 54.27
UK Pound	1	Rs. 82.49
Euro	1	Rs. 69.88

INFORMATION DETAILS

Report Prepared by :

DPT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--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	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		49

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	-

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.