MIRA INFORM REPORT

Report Date :

16.10.2013

IDENTIFICATION DETAILS

Name :	SUPERHOUSE LIMITED (w.e.f. November, 2006)
Formerly Known As :	SUPERHOUSE LEATHERS LIMITED
Registered Office :	150 Feet Road, Jajmau, Kanpur – 208 010, Uttar Pradesh
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	14.01.1980
Com. Reg. No.:	20-004910
Capital Investment / Paid-up Capital :	Rs.114.198 Millions
CIN No.: [Company Identification No.]	L24231UP1980PLC004910
TAN No.: [Tax Deduction & Collection Account No.]	KNPS01554A
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.
Line of Business :	Manufacturer and Exporter of Finished Leather, Leather Products (including footwear, accessories etc.) and Textile Garments.
No. of Employees :	5000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (50)

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

Maximum Credit Limit :	USD 6600000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a part of SUPERHOUSE GROUP. It is an established company having fine track record. Financial position of the company is good. Profit margins of the company reported to be fair. Over all fundamentals of the company appears to be strong and healthy. Trade relations are fair. Business is active. Payment terms are regular. The company can be considered for business dealings 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

We are living in a world where volatility and uncertainty have become the New Normal. We saw a change of government in countries like Tunisia, Egypt, Libya and Vietnam. Once powerful countries in Europe are now fighting for bankruptcy. We have taken growth in the developing part of the world for granted but economic growth in China and India has begun to slow. Companies that were synonymous with their product categories just a few years ago are now no longer in existence. Kodak, the inventor of the digital camera had to wind up its operations, HMV, the British entertainment retailing company and Borders, once the second largest bookstore have shut down due to their inability to evolve their business models with the changing time. Readers’ Digest, Thomson Register are no more !

There is another megatrend happening. The World order is changing as economic power shifts from West to East. According to McKinsey study, it took Britain more than 100 years to double its economic output per person during its industrial revolution and the US later took more than 50 years to do the same. More than a century later, China and India have doubled their GDP per capital in 12 and 18 years respectively. By 2020, emerging Asia will become the world’s largest consuming block, overtaking North America.

The years after the outbreak of the global financial crisis, the world economy continues to remain fragile. The Indian economy demonstrated remarkable resilience in the initial years of the contagion but finally lost ground last year. GDP growth slowed down. Currency has been weakening. There is a marked deceleration in agriculture, industry and services. Dampening sentiment led to a cut-back in investment as well as private consumption expenditure.  Inflation remained at high levels fuelled by the pressure from the food and fuel sectors. The large fiscal and current account deficit s continued to cause grave concern. It is imperative that India regains its growth trajectory of 8-9 % sooner than later. This is crucially important given the need to create gainful livelihood opportunities for the millions living in poverty as also the large contingent of young people joining the job market every year.

EXTERNAL AGENCY RATING

Rating Agency Name	ICRA
Rating	A- (Fund Based Facilities)
Rating Explanation	High degree of safety and vary low credit risk.
Date	September 2013

Rating Agency Name	ICRA
Rating	A2+ (Non Fund Based Facilities)
Rating Explanation	Strange degree of safety and low credit risk.
Date	September 2013

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 (GENERAL DETAILS)

Name :	Mr. More
Designation :	Export Department
Contact No.:	91-120-4647777
Date :	15.10.2013

LOCATIONS

Registered Office :	150 Feet Road, Jajmau, Kanpur – 208 010, Uttar Pradesh, India
Tel. No.:	91-512-2351120/ 2351867/ 2450391/ 2450373/ 2450396/ 2450398/ 2463373/ 2461391/ 2464398
Fax No.:	91-512-2450814/ 2820325/ 2451124/ 2460814/ 2460296/ 2462124
E-Mail :	share@superhousegroup.com superhou@lw1.vsnl.net.in super@sancharnet.in dkdheer@superhousegroup.com export@superhousegroup.com
Website :	http://www.supergroup.com http://www.superhousegroup.com http://www.superhouse.in
Corporate Office/ Central Purchase Department :	D-15/B, UPSIDC, Industrial Area, Phase-II Unnao – 209 801, Uttar Pradesh, India
Tel. No.:	91-515-2029452/ 2829923/ 2829657/ 2829037
Fax No.:	91-515-2929325/ 2829190
Corporate Affairs/ Human Resources Issues Department :	15/288 D, Civil Lines, Kanpur, Uttar Pradesh, India
Tel. No.:	91-512-2304122, 2304251, 3290202
Fax No.:	91-512-2306679
E-Mail :	akagarwal@superhousegroup.com hrd@superhousegroup.com
Plants :	Fashion Shoe Division I D-15, UPSIDC Industrial Area, Site-II, Unnao - 209 801, Uttar Pradesh, India Fashion Shoe Division II A-5,UPSIDC Industrial Area, Site-B, Sikandra, Agra – 282 007, Uttar Pradesh, India Fashion Shoe Division III A-3, Export Promotion Industrial Park, Shastripuram, Agra – 282 007, Uttar Pradesh, India Fashion Shoe Division IV D-18, UPSIDC Industrial Area, Site-II, Unnao – 209 801, Uttar Pradesh, India Tannery I A-1, Site-II, Industrial Area, Unnao – 209 801, Uttar Pradesh, India Tannery II B-16, UPSIDC Industrial Area, Site-II, Unnao - 209 801, Uttar Pradesh, India Tannery III B-3, Site-I, UPSIDC Industrial Area, Unnao – 209 801, Uttar Pradesh, India Upper Division 71-A, Jajmau, Kanpur – 208 010, Uttar Pradesh, India Safety Footwear Division I B-6, UPSIDC Industrial Area, Site-I, Unnao - 209 801, Uttar Pradesh, India Safety Footwear Division II 150 Feet Road, Jajmau, Kanpur – 208 010, Uttar Pradesh, India Safety Footwear Division III Banthar, Unnao – 209 801, Uttar Pradesh, India Sports Shoe Division E-55, UPSIDC, Industrial, Site-I, Unnao-209801, Uttar Pradesh Readymade Garments Division I A-14, Sector-65, Phase-III, Noida – 201 303, Uttar Pradesh, India Tel. No.: 91-120-4647777 Readymade Garments Division II C-10, Sector-58, Phase-II, Noida – 201 303, Uttar Pradesh, India Readymade Garments Division III A-61/2, UPSIDC Industrial Area, Sikandrabad, Bulandshahr – 203 205, Uttar Pradesh, India Safety Garments Division E-23, 24 UPSIDC Industrial Area, Site-I, Unnao – 209 801, Uttar Pradesh, India Leather Garments and Bags Division A-69, Sector-57, Noida - 201 301, Uttar Pradesh, India
Division Office :	Upper Division 102/88 - A (10) Wazidpur, 150 Feet Road, Jajmau, Kanpur – 208 010, Uttar Pradesh, India Tel: 91-515 - 2460496, 2463373, 2461391 Fax: 91-515 - 2460814, 2462124 Chrome Tannery Division A-1 C-1 Industrial Area, Site-II, Unnao – 209 801, Uttar Pradesh, India Tel: 91-515 - 2829750, 2829850 Fax: 91-515 - 2829325, 2829190 Goat Tannery B-15,16 and 17, Industrial Area, Site, Unnao – 209 801, Uttar Pradesh, India Tel: 91-515-2829845, 2829812, 2829248 Fax: 91-515-2829658, 2829190 Harness and Sole Tannery B-16 and 17, Site II Industrial Area, Unnao – 209 801, Uttar Pradesh, India Tel.:  91-515-282845, 2829812, 2829248, 2829658 Fax.: 91-515-2829190 Shoe Division D-15/B, UPSIDC, Industrial Area, Phase-II, Unnao – 209 801, Uttar Pradesh, India Tel: 91-51 -2829452, 2829923, 2829657, 2829037 Fax: 91-515-2829325, 2829190 Safety Footwear Division B-6, Site-I UPSIDC, Industrial Area, Unnao – 209 801, Uttar Pradesh, India Tel: 91-515 - 2829656, 2829384, 2829675, 2829803 Fax: 91-515 - 2829325, 2829190 Fashion Shoe Division I Plot No.A-3, A-4, B-4, B-5, B-6, Export Promotion Industrial Park (EPIP), Shastri Puram, Agra, Uttar Pradesh, India Tel: 91-562-26423352, 2640183, 2642336 Fax: 91-562-2640184 Fashion Shoe Division II A-5, UPSIDC, Industrial Rea, Site-B, Sikandra, Agra Shastri Puram, Agra, Uttar Pradesh, India Tel: 91-562-2642336 Leather Garments Division B-37, Sector - 59, Phase-II, Noida, Uttar Pradesh, India Tel: 91-120-2584819, 2585819 Fax: 91-120-2584976 Textile Garments Division C-10, Sector-58, Phase-II, Noida, Uttar Pradesh, India Tel: 91-120-2580095,2490630 Fax: 91-120-2580095 Marketing Office, Bangalore Marketing Office, Noida C-10, Sector-58, Phase-II, Noida, Uttar Pradesh, India Tel: 91-120-2580095, 2490630 Fax: 91-120-2580095 Marketing Office, Chennai 42/1/II, Main Road, Kalaimagal Nagar, Ekkathuthqngal, Chennai – 600 097, Tamilnadu, India Tele-fax: 91-44-22253731 Super Footwear Limited Shed No.1, Leather Complex, Site-II, Industrial Area, Unnao – 209 801, Uttar Pradesh, India Fax: 91-515-2829325, 2829190 Superhouse Shoes Limited E-54, UPSIDC, Industrial Area, Phase-II, Unnao, Uttar Pradesh, India Tel: 91-515-2829289 Amin International Limited E-55, UPSIDC, Industrial Area, Phase-II, Unnao, Uttar Pradesh, India Tel: 91-515-2829704
Overseas Office :	Located at: · UK · USA · UAE · Denmark · China

DIRECTORS

As on: 31.03.2013

Name :

Mr. Mukhtarul Amin

Designation :

Chairman and Managing Director

Address :

15/288, Civil Lines, Kanpur – 208 001, Uttar Pradesh, India

Date of Birth :

17.02.1952

Qualification :

B.Sc.

Date of Appointment :

01.03.2012

DIN No.:

00012108

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Managing director	01/03/2012	02/09/1984	-	Active	NO
2	U90002UP1991NPL013823	UNNAO TANNERIES POLLUTION CONTROL COMPANY	Director	16/12/1991	16/12/1991	-	Active	NO
3	U19129DL1997PTC091253	TRITAN LEATHER WORKS PRIVATE LIMITED	Director	19/12/1997	19/12/1997	28/01/2013	Active	NO
4	U80211UP2004PLC028406	SUPERHOUSE EDUCATIONAL FOUNDATION	Director	16/03/2004	16/03/2004	-	Active	NO
5	U29219UP2004PLC029284	CREEMOS INTERNATIONAL LIMITED	Director	03/12/2004	03/12/2004	-	Active	NO
6	U45208UP2005NPL029731	INDUSTRIAL INFRASTRUCTURE SERVICES (INDIA)	Director	30/03/2005	30/03/2005	-	Active	NO
7	U45201UP2006PLC031511	AMIN COLONIZERS AND DEVELOPERS LIMITED	Director	17/03/2006	17/03/2006	-	Active	NO
8	U93090TN1984NPL010934	COUNCIL FOR LEATHER EXPORTS	Director	10/01/2007	10/01/2007	-	Active	NO
9	U19115UP2008PLC041646	KANPUR - UNNAO LEATHER CLUSTER DEVELOPMENT COMPANY LIMITED	Director	08/05/2008	11/04/2008	-	Active	NO
10	U85300DL2008NPL181612	National Skill Development Corporation	Director	15/09/2008	15/09/2008	15/01/2009	Active	NO
11	U85191UP2009NPL038346	AZAD MULTISPECIALITY HOSPITALS AND RESEARCH CENTRE LIMITED	Director	29/09/2012	20/11/2009	-	Active	NO
12	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Director	26/11/2009	26/11/2009	24/08/2012	Active	NO
13	U15122UP2003PLC027772	MODRIBA HYGIENE SOLUTIONS LIMITED	Director	12/01/2011	12/01/2011	15/03/2011	Active	NO
14	U93030UP2012PLC052414	LEATHER CLUSTER DEVELOPMENT LIMITED	Director	07/09/2012	07/09/2012	-	Active	NO

Name :

Mr. Zafarul Amin

Designation :

Joint Managing Director

Address :

15/288, Civil Lines, Kapur – 208 001, Uttar Pradesh, India

Date of Birth :

27.01.1983

Date of Appointment :

01.04.2012

DIN No.:

00015533

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Managing director	01/04/2012	30/01/2002	-	Active	NO
2	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Director	26/11/2009	26/11/2009	24/08/2012	Active	NO

Name :

Mrs. Shahina Mukhtar

Designation :

Whole-time Director

Address :

15/288, Civil Lines, Kanpur – 208 001, Uttar Pradesh, India

Date of Birth :

05.01.1956

Date of Appointment :

01.04.2012

DIN No.:

00015442

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Whole-time director	01/04/2012	14/01/1980	-	Active	NO
2	U80211UP2004PLC028406	SUPERHOUSE EDUCATIONAL FOUNDATION	Director	16/03/2004	16/03/2004	-	Active	NO
3	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Director	26/11/2009	26/11/2009	24/08/2012	Active	NO
4	U51109UP1985PLC007002	STEVEN CONSTRUCTION LIMITED	Additional director	15/09/2012	15/09/2012	-	Active	NO

Name :

Mr. Vinay Sanan

Designation :

Executive Director

Address :

801, Gokul Apartment, 16/16 civil Lines, Kanpur – 208 001, Uttar Pradesh, India

Date of Birth :

12.10.1956

Date of Appointment :

01.08.2011

DIN No.:

00014536

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Whole-time director	01/08/2011	02/01/1996	-	Active	NO
2	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Director	15/03/2012	15/03/2012	-	Active	NO

Name :

Mr. Anil Kumar Agarwal

Designation :

Director Finance

Address :

249/2, Civil Lines, Kanpur, – 208 001, Uttar Pradesh, India

Date of Birth :

05.12.1954

Date of Appointment :

01.04.2012

DIN No.:

00014645

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	U90002UP1991NPL013823	UNNAO TANNERIES POLLUTION CONTROL COMPANY	Director	16/12/1991	16/12/1991	-	Active	NO
2	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Whole-time director	01/04/2012	15/10/1996	-	Active	NO
3	U80211UP2004PLC028406	SUPERHOUSE EDUCATIONAL FOUNDATION	Director	16/03/2004	16/03/2004	-	Active	NO
4	U29219UP2004PLC029284	CREEMOS INTERNATIONAL LIMITED	Director	03/12/2004	03/12/2004	-	Active	NO
5	U15122UP2003PLC027772	MODRIBA HYGIENE SOLUTIONS LIMITED	Director	12/01/2011	12/01/2011	15/03/2011	Active	NO
6	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Director	15/03/2012	15/03/2012	-	Active	NO

Name :

Mr. Mohammad Shadab

Designation :

Whole-time Director

Address :

13/392-A-1, Civil Lines, Kapur – 208 001, Uttar Pradesh, India

Date of Birth :

16.01.1977

Date of Appointment :

01.04.2012

DIN No.:

00098221

Name :

Mr. Anil Soni

Designation :

Director

Address :

120/243, Lajpat Nagar, Kapur – 208 012, Uttar Pradesh, India

Date of Birth :

22.08.1961

Date of Appointment :

06.03.2004

DIN No.:

00023188

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Director	06/03/2004	06/03/2004	-	Active	NO
2	U74120UP2012PTC049137	AGRIYAH SAFETY GEAR PRIVATE LIMITED	Director	01/03/2012	01/03/2012	-	Active	NO
3	AAA-9314	AGRIYAH INTERNATIONAL LLP	Designated Partner	22/05/2012	22/05/2012	-	Active	NO

Name :

Dr. Krishna Kumar Agarwal

Designation :

Director

Address :

IV-23, Laxmi Bagh Colony, Lawab Ganj, Kanpur – 208 002, Uttar Pradesh, India

Date of Birth :

31.01.1953

Date of Appointment :

06.03.2004

DIN No.:

00022719

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Director	06/03/2004	06/03/2004	-	Active	NO
2	U24233UP2012PTC051566	INNOVARKA INTERNATIONAL PRIVATE LIMITED	Director	20/07/2012	20/07/2012	-	Active	NO

Name :

Mr. Kamal Agarwal

Designation :

Director

Address :

117/277-0-Block, Geeta Nagar, Kanpur – 208 025, Uttar Pradesh, India

Date of Birth :

22.12.1952

Date of Appointment :

28.01.2006

DIN No.:

00022904

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	U74300UP1990PLC012172	ROJUS ENTERPRISES LIMITED	Director	30/11/1998	30/11/1998	-	Active	NO
2	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Director	28/01/2006	28/01/2006	-	Active	NO

Name :

Mr. Nemi Chand Jain

Designation :

Director

Address :

601, Sanskruti, Plot No.2, Sector – 42, Nerul, Navi Mumbai – 400 706, Maharashtra, India

Date of Birth :

16.05.1939

Date of Appointment :

05.09.2005

DIN No.:

00031283

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	U65990MH1994PTC078713	LEX INFOTAX (INDIA) PRIVATE LIMITED	Director	14/02/2002	14/02/2002	-	Active	NO
2	L92132MH1982PLC028767	Zee Entertainment Enterprises Limited	Director	18/07/2002	18/07/2002	31/03/2011	Active	NO
3	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Director	05/09/2005	05/09/2005	-	Active	NO
4	L72900MH1999PLC151355	ETC NETWORKS LIMITED	Director	22/07/2006	22/07/2006	-	Amalgamated	NO

Name :

Mr. Syed Javed Ali Hashmi

Designation :

Director

Address :

89/218-C, Flat No.101, Dalal Purwa, Kanpur – 208 001, Uttar Pradesh, India

Date of Birth :

29.05.1973

Date of Appointment :

30.01.2010

DIN No.:

00014726

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	U15494UP1995PLC017879	AMIN INTERNATIONAL LIMITED	Director	26/02/2001	26/02/2001	-	Active	NO
2	U15122UP2003PLC027772	MODRIBA HYGIENE SOLUTIONS LIMITED	Director	06/02/2006	06/02/2006	-	Active	NO
3	U45202UP2005PTC031066	ALLEN INFRASTRUCTURES PRIVATE LIMITED	Director	08/07/2006	08/07/2006	20/06/2008	Active	NO
4	U45400UP2008PTC035014	UNIQUE INFRA & MART PRIVATE LIMITED	Director	16/04/2008	16/04/2008	01/06/2012	Active	NO
5	U74300UP1990PLC012172	ROJUS ENTERPRISES LIMITED	Additional director	27/01/2009	27/01/2009	-	Active	NO
6	U51109UP1985PLC007002	STEVEN CONSTRUCTION LIMITED	Additional director	27/01/2009	27/01/2009	-	Active	NO
7	U24231UP1994PLC017329	SUPERHOUSE ACCESSORIES LIMITED	Director	02/07/2013	27/01/2009	-	Active	NO
8	U19111UP1991PLC013492	CHOWDHARY OVERSEAS LIMITED	Director	15/06/2013	27/01/2009	-	Active	NO
9	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Director	30/01/2010	30/01/2010	-	Active	NO
10	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Managing director	24/08/2012	21/12/2010	-	Active	NO
11	U18204UP2013PTC057033	DEMURE FASHIONS PRIVATE LIMITED	Director	15/05/2013	15/05/2013	-	Active	NO

Name :

Mr. Dilip Kumar Dheer

Designation :

Director

Address :

120/233, Lajpat Nagar, Kanpur – 208 005, Uttar Pradesh, India

Date of Birth :

01.03.1950

Date of Appointment :

13.11.2010

DIN No.:

03341879

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	L24231UP1980PLC004910	SUPERHOUSE LIMITED	Director	13/11/2010	13/11/2010	-	Active	NO
2	U80904UP2009PLC038784	KNOWLEDGEHOUSE LIMITED	Director	24/08/2012	24/08/2012	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Raj Kumar Agrawal
Designation :	Company Secretary
Address :	133/92-0-Block, Kidwai Nagar, Kanpur – 208 023, Uttar Pradesh, India
Date of Birth :	01.04.1959
Date of Appointment :	07.06.2007
PAN No.:	AEIPA3874Q

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 30.09.2013

Category of Shareholders	No. of Shares	Percentage of Holding
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Individuals / Hindu Undivided Family	2365508	21.46
Bodies Corporate	3681366	33.39
Sub Total	6046874	54.85
(2) Foreign
Total shareholding of Promoter and Promoter Group (A)	6046874	54.85
(B) Public Shareholding
(1) Institutions
Mutual Funds / UTI	3587	0.03
Financial Institutions / Banks	4025	0.04
Sub Total	7612	0.07
(2) Non-Institutions
Bodies Corporate	698384	6.33
Individuals
Individual shareholders holding nominal share capital up to Rs. 0.100 Million	3668300	33.27
Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million	473497	4.29
Any Others (Specify)	130333	1.18
Non Resident Indians	73574	0.67
Hindu Undivided Families	54372	0.49
Clearing Members	387	0.00
Clearing Member/Public Trust	2000	0.02
Sub Total	4970514	45.08
Total Public shareholding (B)	4978126	45.15
Total (A)+(B)	11025000	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued	0	0.00
(1) Promoter and Promoter Group	0	0.00
(2) Public	0	0.00
Sub Total	0	0.00
Total (A)+(B)+(C)	11025000	0.00

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Finished Leather, Leather Products (including footwear, accessories etc.) and Textile Garments.
Exports :
Products :	Finished Goods
Countries :	· UK · African Countries
Imports :
Products :	Raw Materials
Countries :	· China · Hong Kong · USA
Terms :
Selling :	L/C and Credit
Purchasing :	L/C and Credit

GENERAL INFORMATION

Customers :

End Users

No. of Employees :

5000 (Approximately)

Bankers :

· State Bank of India, Overseas Branch, 15/54-B, Civil Court Road, Civil Lines, Kanpur, Uttar Pradesh, India

· Punjab National Bank

· State Bank of India

Facilities :

(Rs. In Millions)

Secured Loan	As on 31.03.2012	As on 31.03.2011
LONG TERM BORROWINGS
Term Loans
Indian rupee loan from bank	63.216	144.883
Foreign currency loan from bank	290.412	165.529
SHORT TERM BORROWINGS
Working Capital Loans
Indian rupee loan from bank	956.526	743.426
Foreign currency loan from bank	55.004	45.690
Total	1365.158	1099.528
NOTES: LONG TERM BORROWINGS · Indian rupee and foreign currency loans from bank(s) are primarily secured by equitable mortgage/hypothecation of specific fixed assets. Also secured collaterally by equitable mortgage of company's specific land and building. Further secured by personal guarantee of promoter director(s) of the company. External Commercial Borrowing (ECB) carries a non disposable undertaking of the Shares of the acquired Wholly Owned Subsidiaries (WOS). · These Loans are repayable over a period upto 6 years. · Long term borrowings repayable within twelve months from the reporting date, as per sanctioned terms, are reduced from long term borrowings and disclosed separately as Current Maturities of Long term Borrowings in Note 8, Other Current Liabilities. SHORT TERM BORROWINGS · Working Capital Loans are primarily secured by hypothecation of present and future stock of raw materials, stock in process, finished goods, stores and spares, book debts, outstanding monies, receivable claims, bills and materials in transit. Also secured collaterally by equitable mortgage of company's specific factory land and building. Further secured by personal guarantee of promoter director(s) of the company.

Banking Relations :	--
Auditors :
Name :	Kapoor Tandon and Company Chartered Accountants
Address :	24/57, First Floor, Birhana Road, Opposite Central Chest Clinic, Kanpur – 208 001, Uttar Pradesh, India
Tel. No.:	91-512-2361244
Fax No.:	91-512-2361244
E-Mail :	nkapoornarendra@rediffmail.com kapoornarendra@rediffmail.com
Subsidiary (Wholly owned) Company:	· Superhouse (U.K.) Limited, UK · Superhouse (USA) International Inc., USA · Superhouse Middle East FZC, Azman · Briggs Industrial Footwear Limited (U.K.) · Linea De Seguridad S.L.U., Spain · Superhouse GMBH, Germany
Associates:	· Unnao Tanneries Pollution Control Company · (A company registered under Section 25 of the Companies Act, 1956) · Tritan Leather Works Private Limited (investment disposed off during the year) · Steven Construction Limited · Amin International Limited · Knowledgehouse Limited
Enterprise over which KMP or relatives of KMP are able to exercise significance influence:	· Prime International (a partnership firm) · Shoe House (a partnership firm) · Chowdhary Overseas Limited · Super Tannery Limited · Rojus Enterprises Limited · Modriba Hygiene Solutions Limited · Superhouse Accessories Limited · Creemos International Limited · Rivera Trendz Private Limited · Super Shoes Limited

CAPITAL STRUCTURE

As on: 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
1,50,00,000	Equity Shares	Rs.10/- each	Rs.150.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1,10,25,000	Equity Shares	Rs.10/- each	Rs.110.250 Millions
	Forfeited Shares		Rs.3.948 Millions
	Total		Rs.114.198 Millions

Reconciliation of the shares outstanding at the beginning and at the end of the year:

Equity shares	As at 31st March 2013
	No. of Shares	(Rupees in Millions)
At the beginning of the year	11,025,000	110.250
Changes during the year	-	-
Outstanding at the end of the year	11,025,000	110.250

Term/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs. 10 per share. Each holder of equity shares is entitled to one vote per share. The company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

Details of shareholders holding more than 5% shares in the company

Particulars	As at 31st March 2013
Name of the Share Holder	No. of Shares	% held
Mr. Mukhtarul Amin	1,306,106	11.85%
Steven Construction Limited	1,308,719	11.87%

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	114.198	114.198	114.198
(b) Reserves & Surplus	1547.870	1361.087	1193.960
(c) Money received against share warrants	0.000	0.000	1.447
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	1662.068	1475.285	1309.605
(3) Non-Current Liabilities
(a) long-term borrowings	353.628	310.412	269.958
(b) Deferred tax liabilities (Net)	129.928	103.065	101.950
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	483.556	413.477	371.908
(4) Current Liabilities
(a) Short term borrowings	1011.530	789.116	767.490
(b) Trade payables	947.098	762.976	824.923
(c) Other current liabilities	488.626	481.134	348.336
(d) Short-term provisions	46.469	61.637	64.372
Total Current Liabilities (4)	2493.723	2094.863	2005.121
TOTAL	4639.347	3983.625	3686.634
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1550.381	1403.758	1225.397
(ii) Intangible Assets	54.806	75.240	87.837
(iii) Capital work-in-progress	295.928	193.206	48.510
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	62.678	49.211	51.221
(e) Other Non-current assets	8.864	10.112	3.704
Total Non-Current Assets	1972.657	1731.527	1416.669
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1319.491	1156.391	1072.372
(c) Trade receivables	870.930	704.585	804.092
(d) Cash and cash equivalents	222.266	224.112	211.227
(e) Short-term loans and advances	129.418	92.972	85.697
(f) Other current assets	124.585	74.038	96.577
Total Current Assets	2666.690	2252.098	2269.965
TOTAL	4639.347	3983.625	3686.634

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	5173.554	4632.963	4432.037
		Other Income	56.321	28.770	41.344
		TOTAL (A)	5229.875	4661.733	4473.381
Less	EXPENSES
		Cost of Material consumed	2907.086	2678.071	4021.061
		Purchase of Stock-in-trade	261.769	215.184
		(Increase)/decrease in Inventories of Finished Goods, Work-in-Process and Traded Goods	(23.230)	(102.686)
		Employee Benefits Expense	305.642	251.449
		Other Expenses	1167.510	1066.785
		TOTAL (B)	4618.777	4108.803	4021.061
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		611.098	552.930	452.320
Less	FINANCIAL EXPENSES (D)		171.946	159.823	100.100
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		439.152	393.107	352.220
Less/ Add	DEPRECIATION/ AMORTISATION (F)		113.327	96.719	91.699
	PROFIT BEFORE TAX (E-F) (G)		325.825	296.388	260.521
Less	TAX (H)		112.457	104.801	88.694
	PROFIT AFTER TAX (G-H) (I)		213.368	191.587	171.827
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		540.175	467.808	415.201
Less	APPROPRIATIONS
		Transfer to General Reserve	100.000	100.000	100.000
		Dividend	16.537	16.537	16.537
		Tax on Dividend	2.810	2.683	2.683
	BALANCE CARRIED TO THE B/S		634.196	540.175	467.808
	EARNINGS IN FOREIGN CURRENCY
		Export of goods calculated on FOB Basis	4146.497	3774.926	3552.387
		Dividend from Wholly Owned Subsidiaries	4.076	0.341	0.000
	TOTAL EARNINGS		4150.573	3775.267	3552.387
	IMPORTS
		Raw Materials	263.042	255.292	403.619
		Chemicals, Stores, Components and Spare Parts	307.860	215.270	172.929
		Capital Goods	75.462	46.060	79.190
		Finished Goods	27.593	0.023	0.444
	TOTAL IMPORTS		673.957	516.645	656.182
	Earnings Per Share (Rs.)		19.35	17.38	15.59

QUARTERLY RESULTS

PARTICULARS	30.06.2013
Net Sales	1298.300
Total Expenditure	1122.500
PBIDT (Excl OI)	175.800
Other Income	00.700
Operating Profit	176.500
Interest	41.900
Exceptional Items	(34.400)
PBDT	100.200
Depreciation	31.500
Profit Before Tax	68.800
Tax	26.400
Provisions and contingencies	0.000
Profit After Tax	42.400
Extraordinary Items	0.000
Prior Period Expenses	0.000
Other Adjustments	0.000
Net Profit	42.400

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	4.08	4.11	3.84
Net Profit Margin (PBT/Sales)	(%)	6.30	6.40	5.88
Return on Total Assets (PBT/Total Assets}	(%)	7.50	7.82	7.16
Return on Investment (ROI) (PBT/Networth)		0.20	0.20	0.20
Debt Equity Ratio (Total Debt /Networth)		0.82	0.75	0.79
Current Ratio (Current Asset/Current Liability)		1.07	1.08	1.13

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	Yes
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)	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	Yes

FINANCIAL PERFORMANCE:-

The company has achieved the sales and other Income of Rs. 5229.875 Millions against Rs. 4661.733 Millions reported last year. The Profit after Tax was Rs. 213.368 Millions during the year under review as compared to Rs. 191.587 Millions reported during the previous year.

EXPORT AWARDS:-

The President of India accorded prestigious Niryat Shree Award to the company during the year. Further, the company has also won the Best Exporter Awards in overall Export Category for 2012-13. In addition to Best Export Award in overall category, the company also received Best Export Award in Non-Leather Harness and Saddlery and 2nd place Export Award in Leather Footwear category.

MACROECONOMIC OVERVIEW:-

Following the slowdown induced by the global financial crisis in 200809, the Indian economy responded strongly to fiscal and monetary stimulus and achieved a growth rate of 8.6 per cent and 9.3 per cent respectively in 2009-10 and 2010-11. However, with the economy exhibiting inflationary tendencies, the Reserve Bank of India (RBI) started raising policy rates in March 2010. High rates as well as policy constraints adversely impacted investment, and in the succeeding two years viz. 2011-12 and 2012-13, the growth rate slowed to 6.2 per cent and 5.0 per cent respectively. Nevertheless, despite this slowdown, the compound annual growth rate (CAGR) for gross domestic product (GDP) at factor cost, over the decade ending 201213 is 7.9 per cent.

The moderation in growth is primarily attributable to weakness in industry, which registered a growth rate of only 3.5 per cent and 3.1 per cent in 2011-12 and 2012-13 respectively. The rate of growth of the manufacturing sector was even lower at 2.7 per cent and 1.9 per cent for these two years respectively.

SEGMENT-WISE PERFORMANCE:-

The segment-wise performance of the company during the year is as under :-

Segments	Turnover
Leather and Leather Products	Rs. 4406.800 Millions (previous year Rs. 3944.700 Millions)
Textile Garments	Rs. 691.700 Millions (previous year Rs. 654.500 Millions)

OUTLOOK:-

As medium to long-run prospect of Indian Economy, including the Industrial Sector, continues to be positive, a rise in saving and demand for consumable products is quite inevitable. The leather industry is basically a consumer product industry hence with the increase in demand for consumer production; the prospect of the leather industry is bright. During current year the pace of growth of leather industry is expected to be maintained.

INDEX OF CHARGES

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10451879	03/09/2013	1,100,000.00	STATE BANK OF INDIA	KAMLA NAGAR BRANCH, AGRA, Uttar Pradesh - 282004, INDIA	B86094067
2	10383515	29/09/2012	86,700,000.00	Bank of Baroda	S.M.E. Branch,117/K/21-B, Sarvodaya Nagar, Kanpur, Uttar Pradesh - 208025, INDIA	B60921418
3	10382212	30/08/2012	2,075,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA	B60340346
4	10351690	12/03/2012	1,071,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA	B38210837
5	10332059	07/12/2011	6,380,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA	B30632442
6	10281084	08/04/2011	111,000,000.00	BANK OF BARODA SME BRANCH	117/K/21-B, SARVODAYA NAGAR, KANPUR, Uttar Pradesh - 208025, INDIA	B10929347
7	10254809	23/11/2010	609,428.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA	B01296763
8	10254807	23/11/2010	2,175,353.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA	B01296540
9	10227701	08/06/2010	1,035,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A89194393
10	10221574	21/05/2010	270,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A86956679
11	10221575	30/04/2010	2,309,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A86956315
12	10182961	12/10/2009	100,000,000.00	BANK OF BARODA	SSI-1, SARVODAYA NAGAR, KANPUR, Uttar Pradesh - 208005, INDIA	A72515281
13	10175481	02/09/2009	483,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A69825107
14	10169055	23/06/2009	37,500,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A66497025
15	10161055	22/05/2009	975,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A63501761
16	10129725	05/11/2008	860,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A50878214
17	10118593	18/08/2008	366,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A44262913
18	10105003	08/05/2008	385,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A39321864
19	10062213	17/12/2007 *	130,000,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A29499456
20	10062227	11/07/2007	50,000,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, KANPUR, Uttar Pradesh - 208001, INDIA	A19893700
21	10033071	28/02/2007 *	36,500,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A08597791
22	10033066	02/12/2006	81,000,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh - 208001, INDIA	A08597486
23	90269726	20/06/1995 *	1,500,000.00	PUNJAB NATIONAL BANK CHAKERI KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
24	90269674	25/07/2000 *	251,100,000.00	PUNJAB NATIONAL BANK MALL ROAD; KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
25	90272771	24/11/2004 *	45,750,000.00	PUNJAB NATIONAL BANK; MALLROAD;	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
26	90269606	13/11/2003	24,512,000.00	PUNJAB NATIONAL BANK MALL ROAD; KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
27	90269572	29/05/2013 *	462,300,000.00	Bank of Baroda	S.M.E. Branch, 117/K/21-B, Sarvodaya Nagar, Kanpur, Uttar Pradesh - 208025, INDIA	B77821551
28	80056864	26/04/2003	30,000,000.00	BOB	Sarvodaya Nagar, Kanpur, Uttar Pradesh - 208001, INDIA	-
29	90272688	02/07/2003 *	30,000,000.00	BANK OF BARODA S.S.I. BRANCH;	SARVODAYA NAGAR; KANPUR, KANPUR, Uttar Pradesh, INDIA	-
30	90269478	04/02/2002	590,000.00	PUNJAB NATIONAL BANK; ROAD KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
31	90272481	22/09/2001	1,900,000.00	PUNJAB NATIONAL BANK ; MALL ROAD	KANPUR (UP), KANPUR, Uttar Pradesh, INDIA	-
32	90269380	18/10/2000	648,000.00	PUNJAB NATIONAL BANK ; MALL ROAD	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
33	90269379	16/10/2000	628,000.00	PUNJAB NATIONAL BANK ; MALL ROAD	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
34	90273189	27/11/1999	105,000.00	PUNJAB NATIONAL BANK ; MALL ROAD	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
35	90272010	30/10/1997	4,000,000.00	PUNJAB NATIONAL BANK MALL ROAD;	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
36	90269023	05/09/2000 *	251,100,000.00	PUNJAB NATIONAL BANK MALL ROAD; KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
37	90269022	30/08/2013 *	1,172,600,000.00	Punjab National Bank	Mall Road, Kanpur, Uttar Pradesh - 208001, INDIA	B85230696
38	90279028	28/09/2005 *	134,000,000.00	PUNJAB NATIONAL BANK	MALL ROAD, KANPUR, Uttar Pradesh, INDIA	-
39	90273161	25/01/1995	35,300,000.00	STATE BANK OF INDIA; LAL IMLI	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
40	90273158	29/11/2001 *	1,900,000.00	STATE BANK OF INDIA; OVERSEAS BRANCH; KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
41	90271591	08/06/2013 *	762,300,000.00	State Bank Of India	Overseas Branch, 15/54-B, Virendra Smriti Complex, Kanpur, Uttar Pradesh - 208001, INDIA	B78869161
42	90268751	29/10/2000 *	1,900,000.00	STATE BANK OF INDIA; LAL IMLI BRANCH; KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-
43	90273063	05/12/1985	1,500,000.00	PUNJAB NATIONAL BANK	SA K; CHAKERI; KANPUR;, KANPUR, Uttar Pradesh, INDIA	-
44	90268235	30/03/2001 *	1,500,000.00	INDUSTRIAL DEVELOPMENT BANK OF INDIA; 15/54 B;	CIVIL LINES KANPUR, KANPUR, Uttar Pradesh - 208001, INDIA	-
45	90268203	20/08/1996 *	500,000.00	PUNJAB NATIONAL BANK MALL ROAD; KANPUR	KANPUR, KANPUR, Uttar Pradesh, INDIA	-

* Date of charge modification

FIXED ASSETS:

· Land Leasehold

· Land Freehold

· Building – Factory

· Building – Non-Factory

· Plant and Equipments

· Furniture and Fittings

· Vehicles

· Computers

AS PER WEBSITE DETAILS:

PRESS RELEASE:

SUPERHOUSE ACQUIRES SPANISH FOOTWEAR COMPANY - LINEA DE SEGURIDAD

Superhouse Limited has acquired a Spanish Safety Footwear manufacturer company Linea De Seguridad. S. L. This is third International acquisition by the Company in Europe in last five years. This acquisition will help the company to increase the business in Spain and neighboring countries, immensely. Last year, Superhouse acquired 100% stake in British footwear firm Briggs Industrial Footwear. The Superhouse is looking for more acquisition in near future.

Superhouse, which has history of winning maximum number of export awards, recently received export award for its outstanding export performance from Hon’ ble President of India Mr Pranav Mukherjee.

Linea De Seguridad.S.L., a leading company in the safety footwear in Spanish market, located at Arnedo and founded in 1992. The company has a capacity to manufacture 8,00,000 pairs a year.

Linea de Seguridad, SL offers one of the widest ranges of safety footwear in the market. The company manufactures and sells under following brand names:-

a- CHANTIER:- products of high quality to the best price of the market.

b- SECURITY LINE: - articles with the highest quality on the market in different collections.

c- TAO SAFETY:- top of the line! Maximum quality with the exclusive Perspiration System. Represent top comfort and technology.

d- TAO TREKKING: - a market success of Trekking footwear with the exceptional PERSPIRATION SYSTEM Design and functionality at its best.

Acquirer company Superhouse Limited is a multi-unit and multi-product conglomerate with brand leadership in the field of footwear manufacturing and exports. The group is well equipped with the most modern machineries and a specialized workforce and produces all types of quality leather, leather goods, footwear and textile garments that are appreciated all over the world. It owns very reputed brands like 'Allen Cooper', and 'Double Duty' for marketing footwear and garments.

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.61.69
UK Pound	1	Rs.98.59
Euro	1	Rs.83.67

INFORMATION DETAILS

Information Gathered by :	PLK
Report Prepared by :	RAJ

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--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	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		50

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.