MIRA INFORM REPORT

Report Date :

26.10.2013

IDENTIFICATION DETAILS

Name :	TYCOON SUPPLIERS PRIVATE LIMITED
Registered Office :	25, Ganesh Chandra Avenue, 4^th Floor, Kolkata – 700 013, West Bengal
Country :	India
Financials (as on) :	31.03.2012
Date of Incorporation :	17.10.2011
Com. Reg. No.:	21-168601
Capital Investment / Paid-up Capital :	Rs.0.100 million
CIN No.: [Company Identification No.]	U51909WB2011PTC168601
Legal Form :	Private Limited Liability Company
Line of Business :	To carry on the business as distributors, agents, traders, merchants, contractors, brokers and otherwise deal in merchandise and articles of all kinds including clearing agents, freight contractors, forwarding agents, licensing agents, general brokers, and to carry any kind of commercial business.
No. of Employees :	Information declined by the Management

RATING & COMMENTS

MIRA’s Rating :

B (26)

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

Maximum Credit Limit :	USD 300
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is an established company having a moderate track record. It has incurred loss from its operation in its first year of business activities. However, trade relations are improving. Business is active. Payment terms are slow. The company can be considered for business dealings with some 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 – 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

India’s current account deficit or CAD in April-June widened to 4.9 % of gross domestic product. High imports of gold and oil led to a worsening of the trade deficit, resulting in CAD jumping to $ 21.8 billion to the latest quarter from $ 16.9 billion in the corresponding quarter of the previous financial year. The government aims to bring down CAD to 3.7 % or $ 70 billion, in 2013/14, from 4.8 % or $ 88.2 billion in 2012/13.

The finance ministry has started preparations for Budget 2014/15. With general elections scheduled to be held by May next year, there will only be an interim budget. The new government will present the fiscal Budget.

The Supreme Court has barred clinical trials for new drugs till a monitoring mechanism is put in place to protect the lives of people on which the drugs are tested.

Mumbai has been named the world’s second most honest city according to a survey on 15 cities worldwide by Readers’ Digest magazine. Finnish capital Helsinki bagged the top spot for the world’s most honest city while Lisbon, the capital of Portugal, proved to be the least honest.  The survey put hundreds of people to test in four continents to find out just how honest they were by dropping wallets and seeing how many would be returned.

3.7 % Growth of the core sector in August, a seven month high. This takes the overall growth in April-August this year to 2.3 % compared with 6.3 % in the corresponding period next financial year.

$19 million Estimated average spending by companies across the globe including India, on social media this year, according to a global study by information technology major Tata Consultancy Services. This will rise to $ 24 million in 2015.

Rising inflation, fewer employment avenues and dwindling earnings are taking a toll on the spending capacity in India. Over 72 % respondents from middle and lower middle income families would be forced to slash their Diwali expenditure by 40 % and on average spend nearly 25 % of their monthly salary on Diwali, according to a survey by Assochem.

Analysts believe the shutdown of the US government would have limited impact in sectors such as IT or tourism that are dependent on Visa clearances.

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

(Contact No.: 91-33-22111482)

LOCATIONS

Registered Office :	25, Ganesh Chandra Avenue, 4^th Floor, Kolkata – 700 013, West Bengal, India
Tel. No.:	91-33-22111482
Fax No.:	Not Available
E-Mail :	roc_mca21@yahoo.com

DIRECTORS

AS ON 26.09.2012

Name :

Mr. Sanjay Kumar Singh

Designation :

Director

Address :

4, Ballav Das Street, 3^rd Floor, Kolkata – 700 007, West Bengal, India

Date of Birth/Age :

10.10.1977

Date of Appointment :

18.10.2011

DIN No.:

00535434

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U51109WB1990PTC048957	JAI BHOLA TRADING COMPANY PRIVATE LIMITED	Director	30/04/2002	30/04/2002	Active	NO
2	U60221WB1995PTC072311	BIBIPURIA ROADLINES PRIVATE LIMITED	Director	01/10/2008	01/10/2008	Active	NO
3	U51909WB2011PTC168601	TYCOON SUPPLIERS PRIVATE LIMITED	Director	18/10/2011	18/10/2011	Active	NO
4	U51909WB2011PTC168585	KAVERI VINTRADE PRIVATE LIMITED	Director	18/10/2011	18/10/2011	Active	NO

Name :

Mr. Amit Kumar Ganguly

Designation :

Director

Address :

81, S.C.M. Road, Baidyabati Hooghly, Baidyabati – 712 222, West Bengal, India

Date of Birth/Age :

17.09.1957

Date of Appointment :

23.08.2013

DIN No.:

01832263

Other Directorship:

S.No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U51109WB1995PTC075291	SMC MARKETING PRIVATE LIMITED	Director	24/02/1996	24/02/1996	Active	NO
2	U51909WB1991PTC053769	PACHERIWALA SYNTHETICS PRIVATE LIMITED	Director	24/07/1998	24/07/1998	Active	NO
3	U70101WB1996PTC076737	MANISHA CONSTRUCTION PRIVATE LIMITED	Director	09/10/2000	09/10/2000	Active	NO
4	U51909WB2011PTC168585	KAVERI VINTRADE PRIVATE LIMITED	Director	23/08/2013	23/08/2013	Active	NO
5	U51909WB2011PTC168601	TYCOON SUPPLIERS PRIVATE LIMITED	Director	23/08/2013	23/08/2013	Active	NO

Name :

Mr. Sajjan Kumar Hakim

Designation :

Director

Address :

237/9, G.T. Road (45-54, 219-240), Bye No Line 11, Bally, Howrah – 711 202, West Bengal, India

Date of Birth/Age :

05.07.1953

Date of Appointment :

29.12.2012

DIN No.:

02323038

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	L51909WB1983PLC035956	RANISATI INDUSTRIES LIMITED	Additional director	01/11/2008	01/11/2008	-	Active	NO
2	U27109WB1994PLC052024	S G STRIPS LIMITED	Director	21/03/2009	21/03/2009	14/11/2009	Active	NO
3	U27109WB1995PLC071063	CONCAST BENGAL INDUSTRIES LIMITED	Additional director	28/05/2010	28/05/2010	25/11/2011	Active	NO
4	U70200WB1980PTC032822	KALIGHAT PROPERTIES PRIVATE LIMITED	Additional director	25/08/2010	25/08/2010	-	Active	NO
5	U45203WB2007PTC112792	N.K.S. PROJECTS PRIVATE LIMITED	Director	25/08/2010	25/08/2010	-	Active	NO
6	U45203WB2007PTC112790	MATASHREE PROPERTIES PRIVATE LIMITED	Director	30/09/2011	30/05/2011	-	Active	NO
7	U45203WB2007PTC112800	G.N.K.PROPERTIES PRIVATE LIMITED	Director	30/09/2011	30/05/2011	-	Active	NO
8	U45203WB2007PTC112791	N.G.K. PROPERTIES PRIVATE LIMITED	Director	30/09/2011	30/05/2011	-	Active	NO
9	U45203WB2007PTC112744	GANGOUR NIRMAN PRIVATE LIMITED	Director	30/09/2011	30/05/2011	-	Active	NO
10	U45203WB2007PTC112807	TRITIUM PROPERTIES PRIVATE LIMITED	Director	30/09/2011	30/05/2011	-	Active	NO
11	U51909WB2011PTC168601	TYCOON SUPPLIERS PRIVATE LIMITED	Director	29/12/2012	29/12/2012	-	Active	NO
12	U51909WB2011PTC168585	KAVERI VINTRADE PRIVATE LIMITED	Director	02/01/2013	02/01/2013	-	Active	NO
13	U45400WB2013PTC192711	EVERLINK HOMES PRIVATE LIMITED	Director	02/05/2013	02/05/2013	-	Active	NO
14	U45400WB2013PTC192781	GOODPOINT HOMES PRIVATE LIMITED	Director	02/05/2013	02/05/2013	-	Active	NO
15	U26922WB2006PTC109915	SWATI UDYOG PRIVATE LIMITED	Additional director	25/09/2013	25/09/2013	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 26.09.2012

Names of Shareholders	No. of Shares
Anil Sharma	5000
Ganesh Mal Singh	5000
Total	10000

AS ON 26.09.2012

Equity Share Breakup	Percentage of Holding
Category
Other top fifty shareholders	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

To carry on the business as distributors, agents, traders, merchants, contractors, brokers and otherwise deal in merchandise and articles of all kinds including clearing agents, freight contractors, forwarding agents, licensing agents, general brokers, and to carry any kind of commercial business.

GENERAL INFORMATION

No. of Employees :	Information declined by the Management
Bankers :	Not Available

Banking Relations :	--
Auditors :
Name :	B.L. Dubey and Associates Chartered Accountants
Address :	P-2 New CIT Road, 2^nd Floor, Kolkata - 700 073, West Bengal, India
PAN No.:	ADLPG2924M

CAPITAL STRUCTURE

AS ON 26.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012
I. EQUITY AND LIABILITIES
(1) Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	(0.018)
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.082
(3) Non-Current Liabilities
(a) Long-term borrowings	0.000
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) Long-term provisions	0.000
Total Non-current Liabilities (3)	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000
(b) Trade payables	0.445
(c) Other current liabilities	0.002
(d) Short-term provisions	0.000
Total Current Liabilities (4)	0.447
TOTAL	0.529
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	0.000
(iv) Intangible assets under development	0.000
(b) Non-current Investments	0.000
(c) Deferred tax assets (net)	0.000
(d) Long-term Loan and Advances	0.000
(e) Other Non-current assets	0.013
Total Non-Current Assets	0.013
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.346
(c) Trade receivables	0.035
(d) Cash and cash equivalents	0.118
(e) Short-term loans and advances	0.000
(f) Other current assets	0.017
Total Current Assets	0.516
TOTAL	0.529

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012
	SALES
		Revenue from Operations	0.085
		Other Income	0.000
		TOTAL (A)	0.085
Less	EXPENSES
		Purchase of Stock in Trade	0.427
		Changes in Inventories of Finished Goods, Work in Progress, Stock in Trade	(0.346)
		Administrative & Other expenses	0.020
		TOTAL (B)	0.101
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		(0.016)
Less	FINANCIAL EXPENSES (D)		0.002
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(0.018)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.000
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		(0.018)
Less	TAX (H)		0.000
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		(0.018)
	Earnings / (Loss) Per Share (Rs.)		(1.81)

KEY RATIOS

PARTICULARS		31.03.2012
PAT / Total Income	(%)	(21.18)
Net Profit Margin (PBT/Sales)	(%)	(21.18)
Return on Total Assets (PBT/Total Assets}	(%)	(3.40)
Return on Investment (ROI) (PBT/Networth)		(0.22)
Debt Equity Ratio (Total Debt/Networth)		0.00
Current Ratio (Current Asset/Current Liability)		1.15

LOCAL AGENCY FURTHER INFORMATION

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 one year	Yes
12) Profitability for last one year	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	No
24) Banking facility details	No
25) Conduct of the banking account	--
26) Buyer visit details	--
27) Financials, if provided	Yes
28) Incorporation details, if applicable	Yes
29) Last accounts filed at ROC	Yes
30) Major Shareholders, if available	Yes
31) Date of Birth of Proprietor/Partner/Director, if available	Yes
32) PAN of Proprietor/Partner/Director, if available	No
33) Voter ID No of Proprietor/Partner/Director, if available	No
34) External Agency Rating, if available	No

INDEX OF CHARGES: NO CHARGES EXIST FOR COMPANY.

Note:

The registered office of the company has been shifted from 32, Ezra Street, 5^th Floor, Kolkata – 700 001, West Bengal to the present address w.e.f. 18.10.2011.

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. 61.63
UK Pound	1	Rs. 99.94
Euro	1	Rs. 85.14

INFORMATION DETAILS

Information Gathered by :	JML
Report Prepared by :	BVA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	2
--CREDIT LINES	1~10	3
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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
DEFAULTERS
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		26

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.