MIRA INFORM REPORT

Report Date :

14.05.2013

IDENTIFICATION DETAILS

Name :	GREATVALUE PROJECTS INDIA LIMITED
Registered Office :	DSC-319, DLF South Court Saket, New Delhi – 110017
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	15.03.2010
Com. Reg. No.:	55-200164
Capital Investment / Paid-up Capital :	Rs. 10.000 Millions
CIN No.: [Company Identification No.]	U70101DL2010PLC200164
PAN No.: [Permanent Account No.]	AADCG7049R
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Builder and Developers
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

B (27)

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

Maximum Credit Limit :	USD 280000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a relatively new company having a moderate track record. In its first year of business operation company has achieved sizeable sales and good profit. The external borrowing seems to be huge. And the current scenario in the reality sector is unfavourable. However, trade relations are reported to be fair. Business is active. Payments are reported to be slow. The company can be considered for business dealings with great 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 – 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

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 (PARTIAL DETAILS)

Name :	Mr. Kapil Sharma
Designation :	Manager
Contact No.:	91-9711881808
Date :	13.05.2013

LOCATIONS

Registered Office :	DSC-319, DLF South Court Saket, New Delhi – 110017
Tel. No.:	91-120-3828300
Mobile No.:	91-9711881808 (Mr. Kapil Sharma)
Fax No.:	91-120-2828399
E-Mail :	mbg_fca@hotmail.com
Website :	http://www.greatvalueindia.com
Location :	Owned
Corporate Office :	6^th Floor, Block No.02, Plat No. 2B, Sector – 126, Expressway, Noida - 201302, Uttar Pradesh, India
E-Mail :	care@greatvalueindia.com
Site Office :	GH 02, Sector 107, Noida, Uttar Pradesh, India

DIRECTORS

As on 28.09.2012

Name :

Mr. Mayank Agarwal

Designation :

Director

Address :

58A/4, Sainik Farms, New Delhi 110062, India

Date of Birth/Age :

07.07.1983

Date of Appointment :

15.03.2010

DIN No.:

00949052

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	U15202DL2004PTC128588	SHREE LALJI ENERGY FOODS PRIVATE LIMITED	Director	05-06-06	05-06-06	-	Active	NO
2	U51909DL2005PTC140077	DREAMLAND EXIM PRIVATE LIMITED	Director	19-11-06	19-11-06	28-12-10	Active	NO
3	U74899DL1999PTC099369	JAGDISH GLASS WORKS PRIVATE LIMITED	Director	20-06-07	20-06-07	09-07-10	Active	NO
4	U15316DL2002PTC117359	K S NUTRITIONS AND FOOD PRIVATE LIMITED	Director	28-09-11	01-11-07	15-03-12	Active	NO
5	U45201DL2005PTC138594	SP HI-FY REALTORS PRIVATE LIMITED	Director	14-05-08	14-05-08	-	Active	NO
6	U55101DL1996PLC082275	GREATVALUE INDUSTRIES LIMITED	Director	31-07-09	31-07-09	03-08-09	Active	NO
7	U40104DL2009PTC197042	GREATVALUE POWER PROJECTS PRIVATE LIMITED	Director	17-12-09	17-12-09	-	Active	NO
8	U45201DL2005PTC136366	GREATVALUE BUILDERS PRIVATE LIMITED	Director	05-03-10	05-03-10	-	Active	NO
9	U70101DL2010PLC200164	GREATVALUE PROJECTS INDIA LIMITED	Director	15-03-10	15-03-10	-	Active	NO
10	U40104DL2010PTC204840	SHRI LALJI POWER PROJECTS PRIVATE LIMITED	Director	28-06-10	28-06-10	-	Active	NO
11	U51109WB2007PTC118943	AYUSHMAN DISTRIBUTORS PRIVATE LIMITED	Director	20-08-10	20-08-10	28-02-13	Active	NO
12	U70109DL2010PTC207466	GREATVALUE CORPORATE HOUSING PRIVATE LIMITED	Director	23-08-10	23-08-10	-	Active	NO
13	U70101DL2010PTC207465	GREATVALUE HOMZ PRIVATE LIMITED	Director	23-08-10	23-08-10	-	Active	NO
14	U72900DL2010PTC207625	KS IT SERVICES PRIVATE LIMITED	Director	27-08-10	27-08-10	-	Active	NO
15	U72900DL2010PTC207829	PARASNATH COMPUSERVE PRIVATE LIMITED	Director	03-09-10	03-09-10	-	Active	NO
16	U70101DL2010PTC207885	KS PROPMART PRIVATE LIMITED	Director	06-09-10	06-09-10	-	Active	NO
17	U15200DL2010PTC208359	GREATVALUE FOOD PRODUCTS PRIVATE LIMITED	Director	16-09-10	16-09-10	-	Active	NO
18	U15549DL2010PTC208925	KAANHA AGROTECH PRIVATE LIMITED	Director	23-07-12	30-09-10	-	Active	NO
19	U55101DL2010PTC210167	GREATVALUE HOSPITALITY PRIVATE LIMITED	Director	03-11-10	03-11-10	-	Active	NO
20	U70100DL2010PTC210404	1000 TREES HOUSING PRIVATE LIMITED	Director	13-11-10	13-11-10	-	Active	NO
21	U15316DL2010PTC210668	GOPESH FOODS PRIVATE LIMITED	Director	05-08-11	22-11-10	-	Active	NO
22	U27310DL2007PLC170972	NEW INTERNATIONAL STAINLESS PIPE COMPANY LIMITED	Director	28-09-12	30-11-10	-	Active	NO
23	U74120WB2008PTC122702	ARTLINE FINANCIAL MANAGEMENT PRIVATE LIMITED	Director	22-12-11	01-02-11	-	Active	NO
24	U45400DL2007PTC170891	A TO Z REALTORS PRIVATE LIMITED	Director	28-09-11	09-02-11	19-01-12	Active	NO
25	U70200DL2011PTC212601	SHARANAM BUILDTECH PRIVATE LIMITED	Director	01-03-11	01-03-11	-	Active	NO
26	U70200DL2010PTC201722	SHRI DWARKAPATI BUILDERS PRIVATE LIMITED	Director	27-09-12	09-01-12	-	Active	NO
27	U70101DL2011PTC217956	ET GREAT VALUE INFRA DEVELOPERS PRIVATE LIMITED	Director	25-09-12	11-01-12	-	Active	NO
28	U60200DL2011PTC216419	GREATVALUE LOGISTICS PRIVATE LIMITED	Director	17-08-12	11-01-12	-	Active	NO
29	U70109DL2009PTC190246	GREATVALUE REALTECH PRIVATE LIMITED	Director	28-08-12	25-02-12	-	Active	NO
30	L65993DL1973PLC006795	SHANTNU INVESTMENTS (INDIA) LIMITED	Director	29-09-12	15-05-12	-	Active	NO
31	U70200DL1982PTC014861	GREATVALUE BUILDTECH PRIVATE LIMITED	Additional director	22-08-12	22-08-12	-	Active	NO
32	U70200DL2012PTC240494	MURLIDHAR INFRAPROJECTS PRIVATE LIMITED	Director	22-08-12	22-08-12	-	Active	NO
33	U70200DL2012PTC240842	MURLIDHAR HOUSING PROJECTS PRIVATE LIMITED	Director	24-08-12	24-08-12	-	Active	NO
34	U70109DL2012PTC240996	MURLIDHAR CORPORATE HOMZ PRIVATE LIMITED	Director	25-08-12	25-08-12	-	Active	NO

Name :

Mr. Sanjay Rastogi

Designation :

Whole-Time Director

Address :

A-49, Sector-21, Noida – 201301, Uttar Pradesh, India

Date of Birth/Age :

20.12.1965

Date of Appointment :

01.04.2012

DIN No.:

01717812

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	U51909DL2003PTC120358	S I V IMPEX PRIVATE LIMITED	Director	14-05-03	14-05-03	-	Active	NO
2	U32109DL2004PTC130503	JHUJHAR ACOUSTIC PRIVATE LIMITED	Director	02-06-05	02-06-05	14-02-12	Active	NO
3	U45201DL2006PTC144324	SUNSHINE INFRATECH PRIVATE LIMITED	Director	02-01-06	02-01-06	29-01-10	Active	NO
4	U70200DL1982PTC014861	GREATVALUE BUILDTECH PRIVATE LIMITED	Director	27-08-11	12-08-08	-	Active	NO
5	U45201DL2005PTC139269	K S DEVELOPERS PRIVATE LIMITED	Director	16-12-08	16-12-08	-	Active	NO
6	U45201DL2005PTC136366	GREATVALUE BUILDERS PRIVATE LIMITED	Director	01-02-10	01-02-10	-	Active	NO
7	U70101DL2010PLC200164	GREATVALUE PROJECTS INDIA LIMITED	Whole-time director	01-04-12	04-05-10	-	Active	NO
8	U70102DL2005PTC138568	PARASNATH INFRATECH PRIVATE LIMITED	Director	01-07-10	01-07-10	17-11-10	Active	NO
9	U45400DL2007PTC170891	A TO Z REALTORS PRIVATE LIMITED	Director	28-09-11	09-02-11	07-06-12	Active	NO
10	U70200DL2011PTC212601	SHARANAM BUILDTECH PRIVATE LIMITED	Director	01-03-11	01-03-11	-	Active	NO
11	U70200DL2010PTC201722	SHRI DWARKAPATI BUILDERS PRIVATE LIMITED	Director	15-03-11	15-03-11	-	Active	NO
12	U70102DL2011PTC216701	SANJAY INFRAPROJECTS PRIVATE LIMITED	Director	29-03-11	29-03-11	-	Active	NO
13	U70101DL2011PTC217956	ET GREAT VALUE INFRA DEVELOPERS PRIVATE LIMITED	Director	21-04-11	21-04-11	22-04-11	Active	NO

Name :

Mr. Ajit Singh Waraich

Designation :

Director

Address :

H. No. 857, Phase-VII, District Mohalj, Punjab, India

Date of Birth/Age :

04.06.1960

Date of Appointment :

04.05.2010

DIN No.:

03066191

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	U70101DL2010PLC200164	GREATVALUE PROJECTS INDIA LIMITED	Director	04-05-10	04-05-10	05-10-12	Active	NO
2	U72200DL2008PTC172818	CARNOUSTIE SERVICES PRIVATE LIMITED	Director	28-09-11	25-04-11	-	Active	NO
3	U45200DL2008PTC184724	CARNOUSTIE CONSTRUCTIONS PRIVATE LIMITED	Director	28-09-11	01-06-11	-	Active	NO
4	U45400DL2007PTC170891	A TO Z REALTORS PRIVATE LIMITED	Director	28-09-12	07-06-12	-	Active	NO
5	U45209PB2013PTC037381	WAHO BUILDCON PRIVATE LIMITED	Director	22-04-13	22-04-13	-	Active	NO

Name :

Mr. Dilip Kumar Jain

Designation :

Director

Address :

A-3, SF-66, Nehru Nagar Ghaziabad, Uttar Pradesh, India

Date of Birth/Age :

15.08.1965

Date of Appointment :

28.09.2012

DIN No.:

01215356

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	U55101DL1996PLC082275	GREATVALUE INDUSTRIES LIMITED	Director	01-04-04	01-04-04	-	Active	NO
2	U74999DL1997PTC088445	NSN INDIA PRIVATE LIMITED	Director	01-10-04	01-10-04	-	Strike off	NO
3	U15494DL2006PTC144770	T R I NUTRIENTS PRIVATE LIMITED	Director	13-01-06	13-01-06	-	Active	NO
4	U51109WB2007PTC118943	AYUSHMAN DISTRIBUTORS PRIVATE LIMITED	Director	20-08-10	20-08-10	-	Active	NO
5	U15549DL2010PTC208925	KAANHA AGROTECH PRIVATE LIMITED	Director	30-09-10	30-09-10	03-02-11	Active	NO
6	U70100DL2010PTC210411	GOPESH INFRASTRUCTURES PRIVATE LIMITED	Director	15-11-10	15-11-10	-	Active	NO
7	U74120WB2008PTC122702	ARTLINE FINANCIAL MANAGEMENT PRIVATE LIMITED	Director	22-12-11	01-02-11	-	Active	NO
8	U15316DL2002PTC117359	K S NUTRITIONS AND FOOD PRIVATE LIMITED	Director	04-02-11	04-02-11	06-06-11	Active	NO
9	L65993DL1973PLC006795	SHANTNU INVESTMENTS (INDIA) LIMITED	Director	20-05-11	20-05-11	14-02-13	Active	NO
10	U70200DL2011PTC224621	GREENFIELD PROPMART PRIVATE LIMITED	Director	06-09-11	06-09-11	-	Active	NO
11	U70100UP2010PTC054892	DHAN SAMRIDHI BUILDWELL PRIVATE LIMITED	Director	28-07-12	10-11-11	-	Active	NO
12	U70109DL2011PTC227929	GREENFIELD INFRAPROJECTS PRIVATE LIMITED	Director	25-11-11	25-11-11	-	Active	NO
13	U70101DL2010PLC200164	GREATVALUE PROJECTS INDIA LIMITED	Director	28-09-12	11-07-12	28-01-13	Active	NO
14	U27310DL2007PLC170972	New International Stainless Pipe Company Limited	Director	28-09-12	20-07-12	-	Active	NO
15	U15410DL2012PTC245116	DEVADIDEV FOODS PRIVATE LIMITED	Director	21-11-12	21-11-12	-	Active	NO
16	U92120DL2013PTC247609	GREATVALUE MOTIONS PRIVATE LIMITED	Director	28-01-13	28-01-13	-	Active	NO
17	U15400DL2013PTC248239	GREATVALUE FOODS PRIVATE LIMITED	Director	13-02-13	13-02-13	-	Active	NO

Name :

Mr. Manoj Agarwal

Designation :

Director

Address :

58A/4, Sainik Farms, New Delhi – 110062, India

Date of Birth/Age :

12.01.1966

Date of Appointment :

28.09.2012

DIN No.:

00093633

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	U25209DL1996PTC077971	SHRI PARAS NATH PLASTICS PRIVATE LIMITED	Director	10-01-01	10-01-01	-	Active	NO
2	U74899DL1988PTC033644	BIKANERVALA FOODS PRIVATE LIMITED	Director	26-07-01	26-07-01	11-03-11	Active	NO
3	U55101DL1996PLC082275	GREATVALUE INDUSTRIES LIMITED	Director	03-01-02	03-01-02	03-11-11	Active	NO
4	U45203DL2002PTC117245	DREAMWORLD PROJECTS PRIVATE LIMITED	Director	07-10-02	07-10-02	15-10-07	Active	NO
5	U15316DL2002PTC117359	K S NUTRITIONS AND FOOD PRIVATE LIMITED	Director	16-10-02	16-10-02	01-12-07	Active	NO
6	U15419DL2004PTC126669	SYMBIOSIS TEXTILE PRIVATE LIMITED	Director	28-05-04	28-05-04	13-01-12	Active	NO
7	U70102DL2005PTC134439	MURLIDHAR PROPMART PRIVATE LIMITED	Director	28-03-05	28-03-05	-	Active	NO
8	U45201DL2005PTC136366	GREATVALUE BUILDERS PRIVATE LIMITED	Additional director	22-08-12	18-05-05	-	Active	NO
9	U45203DL2004PLC130514	GREATVALUE INFRASTRUCTURE INDIA LIMITED	Director	18-05-05	18-05-05	-	Active	NO
10	U70200DL1982PTC014861	GREATVALUE BUILDTECH PRIVATE LIMITED	Director	04-06-05	04-06-05	18-06-12	Active	NO
11	U70102DL2005PTC138568	PARASNATH INFRATECH PRIVATE LIMITED	Director	11-07-05	11-07-05	-	Active	NO
12	U72190DL1990PLC038854	SHRI BALKISHAN AGARWAL GLASS INDUSTRIES LIMITED	Director	02-06-08	30-07-05	24-08-09	Active	NO
13	U45201DL2005PTC139269	K S DEVELOPERS PRIVATE LIMITED	Director	03-08-05	03-08-05	-	Active	NO
14	U51909DL2005PTC140077	DREAMLAND EXIM PRIVATE LIMITED	Director	26-08-05	26-08-05	02-06-09	Active	NO
15	U74950DL2006PLC153107	PRECISION CUT AND CARRY AUTOMATION LIMITED	Director	05-09-06	05-09-06	07-12-07	Active	YES
16	U15419DL2004PTC125582	VPA FOODS PRIVATE LIMITED	Director	01-10-07	01-10-07	06-10-09	Active	NO
17	U45201DL2005PTC138594	SP HI-FY REALTORS PRIVATE LIMITED	Director	15-04-08	15-04-08	-	Active	NO
18	U45201DL2005PTC143067	MURLIDHAR REALTECH PRIVATE LIMITED	Director	25-04-08	25-04-08	-	Active	NO
19	U70200DL2009PTC188056	KS INFRAPROJECTS PRIVATE LIMITED	Director	02-03-09	02-03-09	-	Active	NO
20	U70200DL2009PTC188193	KANHA PROPMART PRIVATE LIMITED	Director	05-03-09	05-03-09	-	Active	NO
21	U70109DL2009PTC190246	GREATVALUE REALTECH PRIVATE LIMITED	Director	12-05-09	12-05-09	-	Active	NO
22	U15412UP1981PTC005377	NILGIRI FOOD PRODUCTS PRIVATE LIMITED	Additional director	04-06-09	04-06-09	07-06-09	Active	NO
23	U15202DL2004PTC128588	SHREE LALJI ENERGY FOODS PRIVATE LIMITED	Director	30-09-10	13-11-09	-	Active	NO
24	U40104DL2009PTC197042	GREATVALUE POWER PROJECTS PRIVATE LIMITED	Director	17-12-09	17-12-09	-	Active	NO
25	U70109DL2010PTC199254	SHRI LALJI INFRACON PRIVATE LIMITED	Director	18-02-10	18-02-10	-	Active	NO
26	U70109DL2010PTC199244	KAANHA INFRASTRUCTURE PRIVATE LIMITED	Director	18-02-10	18-02-10	29-12-10	Active	NO
27	U70101DL2010PLC200164	GREATVALUE PROJECTS INDIA LIMITED	Director	28-09-12	15-03-10	-	Active	NO
28	U70100UP2010PTC054892	DHAN SAMRIDHI BUILDWELL PRIVATE LIMITED	Director	14-06-10	14-06-10	11-11-11	Active	NO
29	U70109DL2010PTC205946	KAANHA CORPORATE HOUSING PRIVATE LIMITED	Director	16-07-10	16-07-10	-	Active	NO
30	U70100DL2010PTC206543	GREATVALUE HPL INFRATECH PRIVATE LIMITED	Director	02-08-10	02-08-10	01-12-10	Active	NO
31	U01122DL1996PTC078472	AVIJIT FARMS PRIVATE LIMITED	Director	01-09-10	01-09-10	-	Active	NO
32	U70101DL2010PTC207890	KAANHA INFRABUILD PRIVATE LIMITED	Director	06-09-10	06-09-10	-	Active	NO
33	U70200DL2010PTC208970	SHARANAM CORPORATE HOUSING PRIVATE LIMITED	Director	30-09-10	30-09-10	-	Active	NO
34	U70200DL2011PTC212601	SHARANAM BUILDTECH PRIVATE LIMITED	Director	14-01-11	14-01-11	05-03-11	Active	NO
35	U60200DL2011PTC216419	GREATVALUE LOGISTICS PRIVATE LIMITED	Director	17-08-12	23-03-11	-	Active	NO
36	L65993DL1973PLC006795	SHANTNU INVESTMENTS (INDIA) LTD	Director	20-05-11	20-05-11	-	Active	NO
37	U80904DL2011NPL223928	GREATVALUE INSTITUTE OF EDUCATION	Director	19-08-11	19-08-11	-	Active	NO
38	U72900DL2010PTC207625	KS IT SERVICES PRIVATE LIMITED	Director	18-07-12	10-01-12	-	Active	NO
39	U70101DL2010PTC207885	KS PROPMART PRIVATE LIMITED	Additional director	11-01-12	11-01-12	14-03-12	Active	NO
40	U72900DL2010PTC207829	PARASNATH COMPUSERVE PRIVATE LIMITED	Director	20-07-12	16-01-12	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Kapil Sharma
Designation :	Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 28.09.2012

Names of Shareholders	No. of Shares
Directors and Relatives
Sanjay Rastogi	1
Ashish Jain	1
Body Corporate
Greatvalue Builders Private Limited, India	439996
Maras Properties Private Limited, India	300000
Eledeco Infrastructure and Properties Limited, India	100000
RED Realtors Private Limited, India	160000
Top 50 Shareholders
Sachin Agrawal	1
Rohit Aggarwal	1
Total	1000000

As on 28.09.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Builder and Developers

Products / Services :

Description of product or service category	ITC Code
Infrastructure	8608

Terms :

Selling :

Credit

Purchasing :

Credit

GENERAL INFORMATION

Customers :

Others

No. of Employees :

Information declined by the management

Bankers :

• ICICI Bank Limited
• HDFC Bank Limited

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2012	As on 31.03.2011
Long-Term Borrowings
Deferred payment for acquisition of fixed assets	1176.197	1344.225
Loans taken for vehicles	1.620	0.000
Total	1177.817	1344.225

Banking Relations :	--
Auditors :
Name :	M. B. Gupta and Company Chartered Accountants
Address :	R-52, IIIrd, Floor, Vikas MARG, Shakarpur, Delhi-110092, India
Tel. No.:	91-11-22012352
PAN.:	AAGFM7201B

CAPITAL STRUCTURE

As on 31.03.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
5000000	Equity Shares	Rs.10/- each	Rs.50.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs.10/- each	Rs.10.000 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		10.000	10.000	0.500
2] Share Application Money		0.000	0.000	51.616
3] Reserves & Surplus		61.038	0.000	0.00
4] (Accumulated Losses)		0.000	(4.713)	(0.326)
NETWORTH		71.038	5.287	51.790
LOAN FUNDS
1] Secured Loans		1177.817	1344.225	1393.584
2] Unsecured Loans		0.000	0.000	50.000
TOTAL BORROWING		1177.817	1344.225	1443.584
DEFERRED TAX LIABILITIES		0.000	0.194	0.000
TOTAL		1248.855	1349.706	1495.374
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		22.886	21.569	0.000
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		101.000	101.000	0.000
DEFERREX TAX ASSETS		0.344	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1332.824	2145.980	1499.980
	Sundry Debtors	0.000	0.000	0.000
	Cash & Bank Balances	492.495	47.014	11.297
	Other Current Assets	5.618	0.181	0.000
	Loans & Advances	152.317	14.722	0.000
Total Current Assets		1983.254	2207.897	1511.277
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	39.796	11.270	4.797
	Other Current Liabilities	788.658	969.490	10.941
	Provisions	30.175	0.000	0.165
Total Current Liabilities		858.629	980.760	15.903
Net Current Assets		1124.625	1227.137	1495.374
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		1248.855	1349.706	1495.374

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	1850.221	0.067	0.000
		Other Income	18.571	1.836	0.000
		TOTAL (A)	1868.792	1.903	0.000
Less	EXPENSES
		Cost of materials consumed	652.564	0.000
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	1106.819	0.000	0.326
		Employee benefit expense	1.338	0.916
		Other expenses	6.787	3.239
		Exceptional items	0.244	0.087
		TOTAL (B)	1767.752	4.242	0.326
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		101.040	(2.339)	(0.326)
Less	FINANCIAL EXPENSES (D)		0.243	0.093	0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		100.797	(2.432)	(0.326)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		5.409	1.761	0.000
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		95.388	(4.193)	(0.326)
Less	TAX (H)		29.637	0.194	0.000
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		65.751	(4.387)	(0.326)
	Earnings / (LOSS) Per Share (Rs.)		65.75	(4.39)	NA

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	3.52	(230.53)	0.00
Net Profit Margin (PBT/Sales)	(%)	5.16	(6258.21)	0.00
Return on Total Assets (PBT/Total Assets}	(%)	4.75	(0.19)	(0.02)
Return on Investment (ROI) (PBT/Networth)		1.34	0.79	0.01
Debt Equity Ratio (Total Debt /Networth)		16.58	254.25	27.87
Current Ratio (Current Asset/Current Liability)		2.31	2.25	95.03

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	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	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
17]	Major suppliers	No
18]	Major customers	No
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	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

Note:

The registered office of the company has been shifted from 58A/4, Sainik Farms, Delhi - 110062, India to present address w.e.f. 11.07.2012

FIXED ASSETS

• Furniture and fixtures
• Vehicles
• Office equipment
• Computer equipments
• Other equipments

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.54.92
UK Pound	1	Rs.84.44
Euro	1	Rs.71.32

INFORMATION DETAILS

Information Gathered by :	PLK
Report Prepared by :	NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		27

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.