MIRA INFORM REPORT

Report Date :

08.11.2013

IDENTIFICATION DETAILS

Name :	SWISS PARK VANIJYA PRIVATE LIMITED
Registered Office :	C/O. Pawan Kumr Jalan, 85, Manohar Das Street, 1st Floor, Kolkata – 700007, West Bengal
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	21.12.1992
Com. Reg. No.:	21-057231
Capital Investment / Paid-up Capital :	Rs. 40.110 Millions
CIN No.: [Company Identification No.]	U51109WB1992PTC057231
Legal Form :	Private Limited Liability Company
Line of Business :	Trading in Shares and Other Incomes
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (42)

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

Maximum Credit Limit :	USD 1100000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. External borrowing of the company has increased. There appears dip in sales of the company in 2011-12. However, overall financial position seems to be good. Trade relations reported to be fair. Business is active. Payment terms are reported to be slow but correct. The company can be considered for business dealing at usual trade terms and conditions.

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

INDIAN ECONOMIC OVERVIEW

The current downturn provides an opportunity to push ahead with reforms to accelerate growth, says the latest India Development Update report released by the World Bank. The report says that the adverse effects of rupee depreciation are likely to be offset by the gains in the exports performance due to improved external competitiveness. Since May this year, the local currency has depreciated substantially and fell to a record level of Rs 68.85 to a dollar on August, 28.

A stagflation like situation appears to have arisen as inflation jumped to an eight month high of 6.46 % for the month of September. It is up from 6.10 % in August. Growth continues to be muted with factory output plunging to 0.6  % in August. Onion prices have risen nearly 300 % from last September. Vegetables cost nearly 90 % more than they did last year. Wake up to the economic contribution of slum dwellers. They contribute more than 7.5 % to the country’s gross domestic product, according to a recent study conducted in 50 top cities.

136000 estimated number of jobs created during the second quarter of the current financial year. 50000 estimated number of additional jobs in the field of corporate social responsibility in the coming years.

The International Finance Corporation expects to come out with its rupee linked bonds issue before the end of 2013 as a part of its plan to raise $ 1 billion. The Apple iPhone 5c (Rs 41900 for 16 GB variant) and 5s (Rs 53500 for 16GB variant) has been launched in India from 1^st November.

The Land Acquisition Act to provide just and fair compensation to farmers will come into force from January 1 next year, said Rural Development Minister Jairam Ramesh. The Act replaces a 119 year old registration. The Securities and Exchange Board of India has approved the trading of currency futures on the Bombay Stock Exchange. The exchange plans to launch the currency futures platform with advanced trading technology by the end of November.

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

INFORMATION DECLINED

Management Non-Cooperative (91-9821725632)

LOCATIONS

Registered Office :	C/O. Pawan Kumr Jalan, 85, Manohar Das Street, 1st Floor, Kolkata – 700007, West Bengal, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	akkhemka@rediffmail.com shailesh@opjgroup.in
Head Office :	7/7A, Sumer Kendra, Pandurang Budhkar Marg, Gopal Nagar, Worli, Mumbai – 400018, Maharashtra, India
Tel. No.:	91-22-67348888
Fax No.:	91-22-62368803
Zonal Address :	181, United Heritage, Jodhpur – 342001, Rajasthan, India
Tel. No.:	91-291-2510330

DIRECTORS

As on 29.09.2012

Name :

Mr. Shailesh Omprakash Jalan

Designation :

Director

Address :

Flat No. 38, Kalpataru Power Transmission Limited, Dr. S S Rao Road, B - Wing, Parel, Mumbai – 400012, Maharashtra, India

Date of Birth/Age :

29.09.1973

Date of Appointment :

25.01.2010

DIN No.:

00037344

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	U65990MH1991PTC060640	M. L. DAMANI SECURITIES PRIVATE LIMITED	Director	02-11-99	02-11-99	21-04-08	Active	NO
2	U31200MH1994PLC078622	RAJTARU STUDIOS LIMITED	Additional director	15-11-04	15-11-04	-	Active	NO
3	U51100MH2005PTC158028	FORTUNE BELL COMMODITIES PRIVATE LIMITED	Director	13-12-05	13-12-05	-	Active	NO
4	U72900MH2007PLC174799	RAJTARU INFOTECH ENTERTAINMENT LIMITED	Director	08-10-07	08-10-07	-	Active	NO
5	U52110WB2006PTC110745	OPJ FUTCOM PRIVATE LIMITED	Director	10-03-08	10-03-08	-	Active	NO
6	U51109WB1992PTC057231	SWISS PARK VANIJYA PRIVATE LIMITED	Director	25-01-10	25-01-10	-	Active	NO
7	U74120MH2013PTC239408	OPJ POWER SOLUTIONS PRIVATE LIMITED	Director	07-01-13	07-01-13	-	Active	NO
8	U74120MH2013PTC239777	OPJ RENEWABLE ENERGY PRIVATE LIMITED	Director	17-01-13	17-01-13	-	Active	NO

Name :

Mr. Sunil Kumar Tibrewal

Designation :

Director

Address :

312, Canal Street, Kolkata – 700048, West Bengal, India

Date of Birth/Age :

19.10.1968

Date of Appointment :

19.07.1998

DIN No.:

00427214

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	U21012WB1979PTC032249	SUMMIT PACKAGING PRIVATE LIMITED	Director	11-04-88	11-04-88	21-12-09	Active	NO
2	L67120WB1994PLC065574	GLOBE STOCKS AND SECURITIES LIMITED	Director	24-10-94	24-10-94	-	Active	NO
3	L74899DL1986PLC064997	CANDID ELECTRONICS AND COMPUTERS LIMITED	Director	22-09-95	22-09-95	-	Active	NO
4	U67120WB1992PLC057243	DIPAJYOTI HOLDINGS LIMITED	Director	30-09-95	30-09-95	-	Active	NO
5	U51909WB1986PTC041533	RAJEEV TRADING COMPANY PRIVATE LIMITED	Director	12-06-97	12-06-97	-	Active	NO
6	U51109WB1992PTC057231	SWISS PARK VANIJYA PRIVATE LIMITED	Director	19-07-98	19-07-98	-	Active	NO
7	U51109WB1985PTC039421	RAASHI MERCANTILE PRIVATE LIMITED	Director	11-08-98	11-08-98	21-12-11	Active	NO
8	U51909WB1995PTC071689	SKYZOOM MARKETING PRIVATE LIMITED	Director	08-01-99	08-01-99	05-04-13	Active	NO
9	U51109WB1993PTC057694	TROPEX EXPORTS PRIVATE LIMITED	Director	11-02-99	11-02-99	-	Active	NO
10	U51109WB1995PTC067170	MUDRA CORPORATE MANAGERS PRIVATE LIMITED	Director	15-03-99	15-03-99	16-01-13	Active	NO
11	U51311WB1990PTC049072	SHAHARSH FISCAL SERVICES PRIVATE LIMITED	Director	08-09-99	08-09-99	04-04-13	Active	NO
12	U67120WB1994PLC063468	PNC CAPITAL MARKETS LIMITED	Director	11-10-99	11-10-99	-	Active	NO
13	U72200WB1999PLC090807	WEBTECH SOFTWARES AND SERVICES LIMITED	Director	23-12-99	23-12-99	-	Active	NO
14	U72900WB2000PLC091111	WEBCOM SOFTWARES AND SERVICES LIMITED	Director	14-02-00	14-02-00	-	Active	NO
15	U72200WB2000PLC091290	ARENA INFOTECH LIMITED	Director	07-03-00	07-03-00	-	Active	NO
16	U51506WB2000PLC091289	SUPREME TELEFILMS LIMITED	Director	07-03-00	07-03-00	-	Active	NO
17	U72501WB2000PLC091298	CLASSIC MEDIA MAKERS LIMITED	Director	08-03-00	08-03-00	-	Active	NO
18	U72501WB2000PLC091297	MARS ONLINE .COM LIMITED	Director	08-03-00	08-03-00	-	Active	NO
19	U72900WB2000PLC091310	MEGA ONLINE .COM LIMITED	Director	09-03-00	09-03-00	-	Active	NO
20	U72900WB2000PLC091311	ARENA COM LIMITED	Director	09-03-00	09-03-00	-	Active	NO
21	L29299WB1983PLC036040	EMRALD COMMERCIAL LIMITED	Director	25-10-00	25-10-00	20-03-13	Active	NO
22	U01132WB1995PTC071473	ATI PLANTATIONS PRIVATE LIMITED	Director	13-12-00	13-12-00	-	Active	NO
23	U51909WB1988PTC045447	SARADA FABCAST PRIVATE LIMITED	Director	06-02-01	06-02-01	01-04-13	Active	NO
24	U51909WB1995PTC072059	SKUNK AGENTS PRIVATE LIMITED	Director	10-03-01	10-03-01	05-12-07	Active	NO
25	U55101WB1980PTC032696	TRAVELLERS HOTELS PRIVATE LIMITED	Director	28-05-01	28-05-01	-	Active	NO
26	U65990MH1989PTC054621	KANISHKA COMMERCIAL PRIVATE LIMITED	Director	18-07-01	18-07-01	-	Active	NO
27	U70200WB1985PTC039592	IDEAL MAKERS PRIVATE LIMITED	Director	13-12-01	13-12-01	18-02-11	Active	NO
28	U51909WB2002PTC094952	ARC AGENCIES PRIVATE LIMITED	Director	29-07-02	29-07-02	-	Active	NO
29	U51109WB1994PTC062466	ESTER COMMOTRADE PRIVATE LIMITED	Director	06-09-03	06-09-03	11-03-10	Active	NO
30	U45209WB1991PTC052114	SURAJ TRADE AND PROPERTIES PRIVATE LIMITED	Director	16-09-03	16-09-03	05-04-13	Active	NO
31	U51109WB1994PTC062278	DUROFLEX COMMODITIES PRIVATE LIMITED	Director	23-09-03	23-09-03	11-02-10	Active	NO
32	U17115WB1983PLC036833	JIBRALTER TRADERS LIMITED	Director	24-07-04	24-07-04	24-12-09	Active	NO
33	U52322WB1983PTC036775	SUMEE TRADING PRIVATE LIMITED	Director	27-07-04	27-07-04	29-12-09	Active	NO
34	U51909WB1985PTC039033	AAKLAVYA (INDIA) PRIVATE LIMITED	Director	29-07-04	29-07-04	26-12-09	Active	NO
35	U27109WB1997PTC086035	MALSISAR CONVERTING MACHINERY PRIVATE LIMITED	Director	30-10-04	30-10-04	07-03-13	Active	NO
36	U74999WB2004PTC100698	SHAHARSH COMMODITY SERVICES PRIVATE LIMITED	Director	14-12-04	14-12-04	-	Active	NO
37	U72900WB2008PTC121344	PREMIER DIGITAL SOLUTIONS PRIVATE LIMITED	Director	02-01-08	02-01-08	-	Active	NO
38	L67120WB1982PLC034591	RISORGIMENTO INDUSTRIAL COMPANY LIMITED	Director	02-07-08	02-07-08	-	Active	NO
39	U28910WB2008PLC129023	FUTURETECH INFRATECH LIMITED	Director	02-09-08	02-09-08	28-01-09	Active	NO
40	U51909WB1993PTC058847	RIMA IMPEX PRIVATE LIMITED	Additional director	24-09-09	24-09-09	-	Active	NO
41	U51109WB1993PTC061074	GOODFAITH VINIMAY PRIVATE LIMITED	Director	29-06-11	12-07-10	-	Active	NO
42	U51909WB1983PLC036324	SURYA COMMERCIAL LIMITED	Director	27-10-10	27-10-10	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2012

Names of Shareholders (Equity Shares)	No. of Shares
Arvind Gupta	215950
Awantika Gupta	215000
Pawan Kumar Jalan	100000
Sunil Kumar Om Prakash Jalan	250000
Shilesh Om Prakash Jalan	400000
Sudiia Gupta	215000
Samridhi Gupta	215000
Total	1610950

Names of Shareholders (Preference Shares)	No. of Shares
Arvind Gupta	100000
Emrald Commercial Limited	600000
Jackson Investments Limited	900000
PNC Capital Trust Limited	400000
Shree Nidhi Trading Company Limited	400000
Total	2400000

As on 29.09.2012

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Trading in Shares and Other Incomes
Exports :	Not Divulged
Imports :	Not Divulged

GENERAL INFORMATION

Suppliers :	Not Divulged
Customers :	Not Divulged
No. of Employees :	Information declined by the management
Bankers :	· UCO Bank, 212, Ground Floor, Mount Road, Chennai - 600006, Tamilnadu, India · Union Bank of India, Canning Street, 6-D Ground Floor, R. N. Mukherjee Road, Kolkata – 700 001, West Bengal, India · HDFC Bank Limited

Banking Relations :	---
Financial Institutions :	Rural Electrification Corporation Limited, Core 4scope Complex, 7 Lodi Road, New Delhi - 110003, India
Auditors :
Name :	Lalit Bajaj and Associates Chartered Accountants
Address :	32, Ground Floor, Nityanand Nagar - III, 25/27, S. N. Road, Andheri (East), Mumbai – 400069, Maharashtra, India
PAN No.:	ABNPB3531B

CAPITAL STRUCTURE

As on 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
1620000	Equity Shares	Rs.10/- each	Rs.16.200 Millions
2500000	Preference Shares	Rs.10/- each	Rs.25.000 Millions
	Total		Rs.41.200 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1610950	Equity Shares	Rs.10/- each	Rs.16.110 Millions
2400000	Preference Shares	Rs.10/- each	Rs.24.000 Millions
	Total		Rs.40.110 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	40.110	40.110
(b) Reserves & Surplus	241.263	235.942
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	281.373	276.052
(3) Non-Current Liabilities
(a) long-term borrowings	466.168	0.467
(b) Deferred tax liabilities (Net)	0.623	0.000
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	0.000	0.000
Total Non-current Liabilities (3)	466.791	0.467
(4) Current Liabilities
(a) Short term borrowings	64.402	0.384
(b) Trade payables	9.031	2.821
(c) Other current liabilities	0.941	0.157
(d) Short-term provisions	3.214	0.474
Total Current Liabilities (4)	77.588	3.836
TOTAL	825.752	280.355
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	641.616	0.281
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.999	0.000
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	22.464	22.464
(e) Other Non-current assets	0.082	0.020
Total Non-Current Assets	665.161	22.765
(2) Current assets
(a) Current investments	75.200	25.000
(b) Inventories	0.000	0.000
(c) Trade receivables	22.158	3.052
(d) Cash and cash equivalents	0.906	53.706
(e) Short-term loans and advances	58.012	1.268
(f) Other current assets	4.315	174.564
Total Current Assets	160.591	257.590
TOTAL	825.752	280.355

SOURCES OF FUNDS		31.03.2010
SHAREHOLDERS FUNDS
1] Share Capital		16.110
2] Share Application Money		0.000
3] Reserves & Surplus		20.403
4] (Accumulated Losses)		(0.041)
NETWORTH		36.472
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		0.000
TOTAL BORROWING		0.000
DEFERRED TAX LIABILITIES		0.000
TOTAL		36.472
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.281
Capital work-in-progress		0.000
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	200.000
	Sundry Debtors	8.302
	Cash & Bank Balances	3.787
	Other Current Assets	1.342
	Loans & Advances	24.422
Total Current Assets		237.853
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	1.647
	Other Current Liabilities	200.010
	Provisions	0.005
Total Current Liabilities		201.662
Net Current Assets		36.191
MISCELLANEOUS EXPENSES		0.000
TOTAL		36.472

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011	31.03.2010
	SALES
		Income	53.713	200.000	5.017
		Other Income		0.556	0.525
		TOTAL	53.713	200.556	5.542
Less	EXPENSES
		Decrease in Stock		200.000	3.917
		Purchases	46.052	0.000	1.100
		Operating, Administrative and Others Expenses		0.943	0.508
		TOTAL	46.052	200.943	5.525
	PROFIT / (LOSS) BEFORE TAX		7.661	(0.387)	0.017
Less	TAX		2.367	0.033	0.000
	PROFIT / (LOSS) AFTER TAX		5.294	(0.420)	0.017
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		(0.461)	(0.041)	(0.058)
	BALANCE CARRIED TO THE B/S		4.833	(0.461)	(0.041)
	Earnings / (Loss) Per Share (Rs.)		1.32	(0.26)	0.01

KEY RATIOS

PARTICULARS		31.03.2012	31.03.2011	31.03.2010
PAT / Total Income	(%)	9.86	(0.21)	0.31
Net Profit Margin (PBT/Sales)	(%)	NA	(0.19)	0.34
Return on Total Assets (PBT/Total Assets}	(%)	0.93	(0.14)	0.01
Return on Investment (ROI) (PBT/Networth)		0.03	0.00	0.00
Debt Equity Ratio (Total Debt /Networth)		1.89	0.00	0.00
Current Ratio (Current Asset/Current Liability)		2.07	67.15	1.18

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	No
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	----------------------
22]	Litigations that the firm / promoter involved in	----------------------
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	----------------------
26]	Buyer visit details	----------------------
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10443397	22/07/2013	530,000,000.00	STATE BANK OF INDIA	MID CORPORATE GROUP, INDUSTRIAL FINANCE BRANCH, NO.155, ANNA SALAI, CHENNAI, TAMILNADU - 600002, INDIA	B82280397

* Date of charge modification

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.62.57
UK Pound	1	Rs.100.63
Euro	1	Rs.84.62

INFORMATION DETAILS

Information Gathered by :	NAY
Report Prepared by :	NTH

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	5
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		42

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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