MIRA INFORM REPORT

Report Date :

15.05.2013

IDENTIFICATION DETAILS

Name :	CHINTELS INDIA LIMITED
Registered Office :	A-11, Kailash Colony, New Delhi – 110048
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	01.05.1985
Com. Reg. No.:	55-020826
Capital Investment / Paid-up Capital :	Rs. 78.157 Million
CIN No.: [Company Identification No.]	U99999DL1985PLC020826
PAN No.: [Permanent Account No.]	AAACC0897N
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Builders and Developers
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

B (36)

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

Maximum Credit Limit :	USD 2463000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having a moderate track record. There appears continuous dip in its profitability and sales. However, trade relations are reported to be fair. Business is active. Payments are reported to be slow but correct. The company can be considered for business dealings with slight 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

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Term Loan :B
Rating Explanation	Having high risk of default regarding timely servicing of financial obligation.
Date	August 2012

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 :	Ms. Anita
Designation :	Accounts departments
Contact No.:	91-11-29248620
Date :	13.05.2013

LOCATIONS

Registered Office :	A-11, Kailash Colony, New Delhi – 110048, India
Tel. No.:	91-11-29248620
Fax No.:	91-11-29236738
E-Mail :	info@chintels.com roseline@chintels.com
Website :	http://www.chintels.com
Location :	Owned
Corporate Office :	301, 3^rd Floor, Spanish Court, Palam Vihar, Gurgaon – 122017, Haryana, India
Branch Office :	A-30, Kailash Colony, New Delhi – 110048, India
Tel. No.:	91-11-29248620/25

DIRECTORS

As on: 30.09.2012

Name :

Mr. Prashant Solomon

Designation :

Managing Director

Address :

44, Golf Links, New Delhi – 110003, India

Date of Birth/Age :

14.07.1972

Date of Appointment :

24.06.2005

DIN No.:

00110595

Others 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	L65921DL1986PLC023011	CHINTELS CREDIT CORPORATION LIMITED	Director	11/04/1991	11/04/1991	-	Active	NO
2	U74899DL1983PTC016545	RAJ KIRAN PVT LIMITED	Director	25/03/1994	25/03/1994	-	Active	NO
3	U74899DL1993PLC055080	LOGICSOFT E-SOLUTIONS LIMITED	Director	01/05/2003	01/05/2003	-	Active	NO
4	U70101DL2004PTC124864	NEST REAL ESTATES PRIVATE LIMITED	Director	10/06/2005	10/06/2005	-	Active	NO
5	U65910DL1984PLC018683	MADHYANCHAL LEASING LIMITED	Director	12/06/2005	12/06/2005	-	Active	NO
6	U74899DL1994PTC061589	BIJWASAN FARMS PRIVATE LIMITED	Director	14/06/2005	14/06/2005	-	Active	NO
7	U74899DL1994PTC061591	SUNLIGHT FARMS PRIVATE LIMITED	Director	15/06/2005	15/06/2005	24/07/2008	Active	NO
8	U74899DL1983PTC016652	VIDU PROPERTIES PVT LIMITED	Director	23/06/2005	23/06/2005	-	Active	NO
9	U74899DL1984PTC018718	CHINTELS EXPORTS PRIVATE LIMITED	Director	24/06/2005	24/06/2005	-	Active	NO
10	U99999DL1985PLC020826	CHINTELS INDIA LIMITED	Managing director	01/08/2012	24/06/2005	-	Active	NO
11	U74899DL1984PTC018719	ALBA PROPERTIES AND INFRASTRUCTURE PRIVATE LIMITED	Director	28/06/2005	28/06/2005	-	Active	NO
12	U74899DL1994PTC061590	ROSELINE FARMS PRIVATE LIMITED	Director	28/06/2005	28/06/2005	-	Active	NO
13	U74899DL1994PTC061592	ROSEWOOD AGRO PRIVATE LIMITED	Director	28/06/2005	28/06/2005	-	Active	NO
14	U74899DL1994PTC062979	GLADIOLA PLANTATION PRIVATE LIMITED	Director	29/06/2005	29/06/2005	-	Active	NO
15	U74899DL1994PTC062978	ASTERFIELD PLANTATION PRIVATE LIMITED	Director	30/06/2005	30/06/2005	-	Active	NO
16	U74899DL1986PTC024745	INTELS INDIA PRIVATE LIMITED.,	Director	30/06/2005	30/06/2005	-	Active	NO
17	U45400DL2007PTC166392	BLUE CHIP REALTECH PRIVATE LIMITED	Director	29/09/2008	28/07/2007	-	Active	NO
18	U45400DL2008PTC188807	SILVERSPOT CONSTRUCTIONS PRIVATE LIMITED	Director	29/09/2009	11/07/2008	-	Active	NO
19	U45201DL2004PTC123879	GUILD ESTATES PRIVATE LIMITED	Director	29/09/2008	11/07/2008	-	Active	NO
20	U85100DL2010NPL206596	CYAN INTERNATIONAL (INDIA)	Director	31/01/2012	10/08/2010	10/05/2013	Active	NO
21	U74140DL2011PTC217877	BLOOM REALTECH PRIVATE LIMITED	Director	17/09/2012	20/04/2011	-	Active	NO
22	U72200DL2011FTC223924	ASVATHAA ENTERTAINMENT (INDIA) PRIVATE LIMITED	Director	19/08/2011	19/08/2011	26/07/2012	Active	NO
23	U45200DL2013PTC248801	CHINTELS INFRACON PRIVATE LIMITED	Director	28/02/2013	28/02/2013	-	Active	NO
24	AAA-0769	FORTY FOUR G LLP	Designated Partner	18/02/2010	18/02/2010	-	Under Process of Striking off	NO

Name :

Mr. Ashok Solomon

Designation :

Director

Address :

44, Golf Links, New Delhi – 110003, India

Date of Birth/Age :

05.07.1947

Date of Appointment :

23.06.1988

PAN No.:

AMMPS4506R

DIN No.:

00106114

Others 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	U74899DL1984PTC018718	CHINTELS EXPORTS PRIVATE LIMITED	Director	18/07/1984	18/07/1984	-	Active	NO
2	U74899DL1983PTC016652	VIDU PROPERTIES PRIVATE LIMITED	Director	17/06/1988	17/06/1988	-	Active	NO
3	U65910DL1984PLC018683	MADHYANCHAL LEASING LIMITED	Director	13/01/1990	13/01/1990	-	Active	NO
4	U99999DL1985PLC020826	CHINTELS INDIA LIMITED	Director	16/07/2012	28/03/1990	-	Active	NO
5	U74899DL1983PTC016545	RAJ KIRAN PRIVATE LIMITED	Director	13/04/1991	13/04/1991	-	Active	NO
6	U74899DL1986PTC024745	INTELS INDIA PRIVATE LIMITED.,	Director	21/05/1992	21/05/1992	-	Active	NO
7	U74899DL1994PTC062978	ASTERFIELD PLANTATION PRIVATE LIMITED	Director	25/11/1994	25/11/1994	-	Active	NO
8	U74899DL1994PTC062979	GLADIOLA PLANTATION PRIVATE LIMITED	Director	25/11/1994	25/11/1994	-	Active	NO
9	U74899DL1994PTC061590	ROSELINE FARMS PRIVATE LIMITED	Director	10/01/1995	10/01/1995	-	Active	NO
10	U74899DL1994PTC061592	ROSEWOOD AGRO PRIVATE LIMITED	Director	10/01/1995	10/01/1995	-	Active	NO
11	U74899DL1994PTC061589	BIJWASAN FARMS PRIVATE LIMITED	Director	10/01/1995	10/01/1995	-	Active	NO
12	U74899DL1984PTC018719	ALBA PROPERTIES AND INFRASTRUCTURE PRIVATE LIMITED	Director	17/04/1995	17/04/1995	-	Active	NO
13	U74899DL1994PTC061591	SUNLIGHT FARMS PRIVATE LIMITED	Director	10/10/1995	10/10/1995	28/09/2011	Active	NO
14	L65921DL1986PLC023011	CHINTELS CREDIT CORPORATION LIMITED	Director	10/07/1997	10/07/1997	-	Active	NO
15	U74899DL1993PLC055080	LOGICSOFT E-SOLUTIONS LIMITED	Director	01/09/1999	01/09/1999	-	Active	NO
16	U70101DL2004PTC124864	NEST REAL ESTATES PRIVATE LIMITED	Director	05/03/2004	05/03/2004	-	Active	NO
17	U74899DL1932NPL143153	BAPTIST CHURCH TRUST ASSOCIATION	Director	28/08/2012	24/09/2005	-	Active	NO
18	U45400DL2007PTC166392	BLUE CHIP REALTECH PRIVATE LIMITED	Director	29/09/2008	28/07/2007	-	Active	NO
19	U45400DL2008PTC188807	SILVERSPOT CONSTRUCTIONS PRIVATE LIMITED	Director	29/09/2009	11/06/2008	-	Active	NO
20	U45201DL2004PTC123879	GUILD ESTATES PRIVATE LIMITED	Director	29/09/2008	16/06/2008	-	Active	NO
21	U74140DL2011PTC217877	BLOOM REALTECH PRIVATE LIMITED	Director	17/09/2012	20/04/2011	-	Active	NO
22	U45200DL2013PTC248801	CHINTELS INFRACON PRIVATE LIMITED	Director	28/02/2013	28/02/2013	-	Active	NO

Name :

Mr. Rohan Solomon

Designation :

Whole-time Director

Address :

44, Golf Links, New Delhi – 110003, India

Date of Birth/Age :

12.10.1984

Date of Appointment :

24.06.2005

DIN No.:

00110030

Others 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	U70101DL2004PTC124864	NEST REAL ESTATES PRIVATE LIMITED	Director	10/06/2005	10/06/2005	-	Active	NO
2	U65910DL1984PLC018683	MADHYANCHAL LEASING LIMITED	Director	12/06/2005	12/06/2005	-	Active	NO
3	U74899DL1994PTC061589	BIJWASAN FARMS PRIVATE LIMITED	Director	14/06/2005	14/06/2005	-	Active	NO
4	U74899DL1994PTC061591	SUNLIGHT FARMS PRIVATE LIMITED	Director	15/06/2005	15/06/2005	11/01/2008	Active	NO
5	U74899DL1993PLC055080	LOGICSOFT E-SOLUTIONS LIMITED	Director	20/06/2005	20/06/2005	-	Active	NO
6	U74899DL1983PTC016652	VIDU PROPERTIES PRIVATE LIMITED	Director	23/06/2005	23/06/2005	-	Active	NO
7	U74899DL1984PTC018718	CHINTELS EXPORTS PRIVATE LIMITED	Director	24/06/2005	24/06/2005	-	Active	NO
8	U99999DL1985PLC020826	CHINTELS INDIA LIMITED	Whole-time director	01/08/2012	24/06/2005	-	Active	NO
9	U74899DL1984PTC018719	ALBA PROPERTIES & INFRASTRUCTURE PRIVATE LIMITED	Director	28/06/2005	28/06/2005	-	Active	NO
10	U74899DL1994PTC061590	ROSELINE FARMS PRIVATE LIMITED	Director	28/06/2005	28/06/2005	-	Active	NO
11	U74899DL1994PTC061592	ROSEWOOD AGRO PRIVATE LIMITED	Director	28/06/2005	28/06/2005	-	Active	NO
12	L65921DL1986PLC023011	CHINTELS CREDIT CORPORATION LIMITED	Director	29/06/2005	29/06/2005	-	Active	NO
13	U74899DL1994PTC062979	GLADIOLA PLANTATION PRIVATE LIMITED	Director	29/06/2005	29/06/2005	-	Active	NO
14	U74899DL1994PTC062978	ASTERFIELD PLANTATION PRIVATE LIMITED	Director	30/06/2005	30/06/2005	-	Active	NO
15	U74899DL1986PTC024745	INTELS INDIA PRIVATE LIMITED.,	Director	30/09/2005	30/09/2005	-	Active	NO
16	U74899DL1983PTC016545	RAJ KIRAN PRIVATE LIMITED	Director	05/12/2006	05/12/2006	-	Active	NO
17	U45400DL2007PTC166392	BLUE CHIP REALTECH PRIVATE LIMITED	Director	29/09/2008	28/07/2007	-	Active	NO
18	U45400DL2008PTC188807	SILVERSPOT CONSTRUCTIONS PRIVATE LIMITED	Director	29/09/2009	11/06/2008	-	Active	NO
19	U45201DL2004PTC123879	GUILD ESTATES PRIVATE LIMITED	Director	29/09/2008	16/06/2008	-	Active	NO
20	U74140DL2011PTC217877	BLOOM REALTECH PRIVATE LIMITED	Director	17/09/2012	20/04/2011	-	Active	NO
21	U45200DL2013PTC248801	CHINTELS INFRACON PRIVATE LIMITED	Director	28/02/2013	28/02/2013	-	Active	NO
22	AAA-0769	FORTY FOUR G LLP	Designated Partner	18/02/2010	18/02/2010	-	Under Process of Striking off	NO

Name :

Mr. Satya Shiva Prasad Medury Venkata Narshima Sasha

Designation :

Director

Address :

E-1/6, DLF Qutub Enclave, Phase – I, Gurgaon – 122002, Haryana, India

Date of Birth/Age :

28.02.1959

Date of Appointment :

29.09.2007

DIN No.:

00885332

Others 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	U74899DL1993PLC055080	LOGICSOFT E-SOLUTIONS LIMITED	Director	29/09/2007	29/09/2007	-	Active	NO
2	U99999DL1985PLC020826	CHINTELS INDIA LIMITED	Director	29/09/2007	29/09/2007	-	Active	NO
3	U74140HR2011PTC043350	AI ASSOCIATES PRIVATE LIMITED	Additional director	24/08/2011	24/08/2011	-	Active	NO
4	U74140HR2002PTC034971	AMROP INDIA CONSULTANTS PRIVATE LIMITED	Director	30/09/2011	31/08/2011	-	Active	NO
5	U74999MH1968GAP014120	INDO-AMERICAN CHAMBER OF COMMERCE	Director	28/09/2012	28/09/2012	-	Active	NO

Name :

Mr. Ajit Nath Jha

Designation :

Director

Address :

C-61, Shree Radha Appartments, Plot-3, Sector-9, New Delhi – 110045, India

Date of Birth/Age :

02.11.1947

Date of Appointment :

18.03.2010

DIN No.:

01659643

Others 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	U45201UR2006PTC032169	V.G. BUILDTECH ( INDIA) PRIVATE LIMITED	Director	13/10/2007	13/10/2007	21/04/2009	Active	YES
2	U70102DL2007PTC169396	KUVERA PROPERTIES INDIA PRIVATE LIMITED	Whole-time director	15/10/2007	15/10/2007	-	Active	YES
3	U51109DL2008PLC182304	TIRHUT INDUSTRIES LIMITED	Director	22/08/2008	22/08/2008	06/01/2010	Active	YES
4	U99999DL1985PLC020826	CHINTELS INDIA LIMITED	Director	30/09/2010	18/03/2010	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 30.09.2012

Note: Shareholding details file attached.

Equity Share Break up (Percentage of Total Equity)

As on: 30.09.2012

Category	Percentage
Bodies corporate	69.92
Directors or relatives of directors	29.22
Other top fifty shareholders	0.57
Others	0.29
Total	100.00

BUSINESS DETAILS

Line of Business :

Builders and Developers

Product / Services :

ITC Code	Product / Services
9972	Real Estate Services

Terms :

Selling :

Credit

Purchasing :

Credit

GENERAL INFORMATION

Customers :

Others

No. of Employees :

Not Divulged

Bankers :

ICICI Bank Limited, Landmark Race Cource Circle, Alkapuri, Baroda - 390015, Gujarat, India

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2012	As on 31.03.2011
Rupee term loans from banks	50.500	0.000
Rupee term loans from banks	49.500	0.000
Loans taken for vehicles	0.000	0.958
Total	100.000	0.958

Note: - ICICI Bank Ltd - Term Loan - Against hypothecation of Project Land - Chintels Paradiso - With irrevocable and unconditional corporate guarantee of Chintels Exports Private. Limited. ,Intels India Private Limited and Raj Kiran Private Limited. - With Irrevocable and unconditional Personal Guarantee of Ashok Solomon, Prashant Solomon and Rohan Solomon - Repayable in 18 monthly equal Instalments starting from July'15'2012. - Facility To be Matured on December 15'2013.

Vehicle Loans from Banks and others are secured by way of hypothecation of vehicles.

Banking Relations :	--
Auditors :
Name :	T Dhingra and Company Chartered Accountants
Address :	Cottage 13A, Flat, No.G-5, West Patel Nagar, New Delhi-110008, India
Tel. No.:	91-11-25875682,25872682
Mobile No.:	91-09810070394
PAN No.:	AAJPD9440Q
Subsidiaries :	Guild Estates Private Limited, India CIN No. U45201DL2004PTC123879 Silverspot Constructions Private Limited, India CIN No. U45400DL2008PTC188807

CAPITAL STRUCTURE

As on: 30.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
20000000	Equity Shares	Rs.10/- each	Rs.200.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
7815700	Equity Shares	Rs.10/- each	Rs. 78.157 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		78.157	78.157	78.157
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		537.536	546.168	540.165
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		615.693	624.325	618.322
LOAN FUNDS
1] Secured Loans		100.000	0.958	3.219
2] Unsecured Loans		0.000	0.000	0.000
TOTAL BORROWING		100.000	0.958	3.219
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		715.693	625.283	621.541
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		132.020	123.888	82.805
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		24.665	47.336	745.662
DEFERREX TAX ASSETS		2.847	0.562	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	5306.702	1797.128	1117.258
	Trade receivable	92.572	0.336	0.378
	Cash & Bank Balances	653.593	580.728	773.927
	Other Current Assets	20.898	169.360	0.000
	Loans & Advances	1132.504	2611.346	3099.877
Total Current Assets		7206.269	5158.898	4991.440
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	380.204	0.000	0.000
	Other Current Liabilities	6266.536	4703.020	5196.461
	Provisions	3.368	2.381	1.905
Total Current Liabilities		6650.108	4705.401	5198.366
Net Current Assets		556.161	453.497	(206.926)
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		715.693	625.283	621.541

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Revenue from operation	8.764	3.113	6.794
		Other Income	44.313	79.096	104.426
		TOTAL (A)	53.077	82.209	111.220
Less	EXPENSES
		Employee benefit expenses	20.848	17.972
		Others expenses	14.928	43.335
		TOTAL (B)	35.776	61.307	46.164
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		17.301	20.902	65.056
Less	FINANCIAL EXPENSES (D)		0.179	2.113	0.472
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		17.122	18.789	64.584
Less/ Add	DEPRECIATION/ AMORTISATION (F)		11.049	11.940	14.362
	PROFIT BEFORE TAX (E-F) (G)		6.073	6.849	50.222
Less	TAX (H)		3.038	0.847	17.256
	PROFIT AFTER TAX (G-H) (I)		3.035	6.002	32.966
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		97.162	91.160	58.194
	BALANCE CARRIED TO THE B/S		100.197	97.162	91.160
	Earnings Per Share (Rs.)		0.39	0.77	NA

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	5.71	7.30	29.63
Net Profit Margin (PBT/Sales)	(%)	69.29	220.01	739.21
Return on Total Assets (PBT/Total Assets}	(%)	0.08	0.12	0.99
Return on Investment (ROI) (PBT/Networth)		0.00	0.01	0.08
Debt Equity Ratio (Total Debt/Networth)		0.16	0.00	0.00
Current Ratio (Current Asset/Current Liability)		1.08	1.10	0.96

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	Yes
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	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

PERFORMANCE REVIEW

During the year, the company’s total receipts of Rs. 53.078 millions. The company has earned a net profit of Rs.3.035 millions against previous year’s profit of Rs.6.001 millions. The Directors of the company are quite hopeful that profitability of the company will further improve in future.

FIXED ASSETS

• Land
• Building
• Furniture and Fixtures
• Vehicles
• Office 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 records 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] 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. 54.62
UK Pound	1	Rs. 84.67
Euro	1	Rs. 71.01

INFORMATION DETAILS

Information Gathered by :	PLK
Report Prepared by :	DPH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	4
--RESERVES	1~10	4
--CREDIT LINES	1~10	4
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		36

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.