MIRA INFORM REPORT

Report Date :

15.12.2014

IDENTIFICATION DETAILS

Name :	AIMR JEWELS PRIVATE LIMITED
Registered Office :	200, II Flour Lala Shyo Prasad Market, Kinari Bazae, Agra – 282003, Uttar Pradesh
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	21.12.2011
Com. Reg. No.:	20-043632
Capital Investment / Paid-up Capital :	Rs. 0.600 Million
CIN No.: [Company Identification No.]	U74120UP2011PTC043632
IEC No.:	0613007689
TAN No.: [Tax Deduction & Collection Account No.]	AGRA12616C
PAN No.: [Permanent Account No.]	AAJCA2405M
Legal Form :	Private Limited Liability Company
Line of Business :	Trader of Gold and Silver Bullion.
No. of Employees :	13 (Approximately) [In Office: 9 + In Branch: 4]

RATING & COMMENTS

MIRA’s Rating :

B (28)

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

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. The rating reflects moderate financial risk profile marked by very low profit margin, modest net worth and increased in the borrowings of the company during FY 2014. However, trade relations are reported as fair. Business is active. Payment terms are reported to be slow but correct. 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 – September 30, 2014

Country Name	Previous Rating (30.06.2014)	Current Rating (30.09.2014)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

EXTERNAL AGENCY RATING

NOT AVAILABLE

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 31-03-2014.

INFORMATION PARTED BY

Name :	Mr. Swadesh Verma
Designation :	Director
Contact No.:	91-9358008777
Date :	13.12.2014

LOCATIONS

Registered Office :	200, II Flour Lala Shyo Prasad Market, Kinari Bazae, Agra – 282003, Uttar Pradesh, India
Tel. No. :	91-562-3011786
Mobile No. :	91-9358008777 (Mr. Swadesh Verma)
Fax No. :	91-562-3011784
E-Mail :	cskapilverma@gmail.com
Location :	Rented
Branch Office :	1103, Shop No. 5, Fourth Floor, Kucha Mahajani, Chandani Chowk, Delhi – 110006, India
Tel. No.:	91-11-30171288
Fax No.:	91-11-39908075
E-Mail :	aimrjewels@yahoo.in
Location :	Owned

DIRECTORS

As on 25.09.2013

Name :

Mr. Swadesh Verma

Designation :

Director

Address :

A-2, Aqua Tower, Eminent Appartment, Khandari, Agra, Uttar Pradesh, India

Date of Birth/Age :

02.03.1973

Experience :

4 Years

Date of Appointment :

21.02.2011

PAN No.:

AAWPV5804D

DIN No. :

01062060

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	U64203UP2007PTC033843	VERMA SANCHAR SEVA PRIVATE LIMITED	Director	05-09-2007	05-09-2007	-	Active	NO
2	U74120UP2011PTC043632	AIMR JEWELS PRIVATE LIMITED	Director	21-02-2011	21-02-2011	-	Active	NO
3	U70102UP2011PTC046217	GREEN VALLEY CITY PRIVATE LIMITED	Director	18-08-2011	18-08-2011	-	Active	NO
4	U70102UP2011PTC047265	AIMR HOUSING PRIVATE LIMITED	Director	03-11-2011	03-11-2011	08-12-2011	Active	NO
5	U70102UP2011PTC047937	AIMR INFRACON PRIVATE LIMITED	Director	15-12-2011	15-12-2011	-	Active	NO
6	U70102UP2011PTC047954	GETWELL HOUSING PRIVATE LIMITED	Director	20-05-2012	20-05-2012	-	Active	NO

Name :

Mrs. Anjana Verma

Designation :

Director

Address :

A-2, Aqua Tower, Eminent Appartment, Khandari, Agra, Uttar Pradesh, India

Date of Birth/Age :

19.09.1977

Experience :

4 Years

Date of Appointment :

21.02.2011

PAN No. :

ACFPV2508K

DIN No. :

01685169

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	U64203UP2007PTC033843	VERMA SANCHAR SEVA PRIVATE LIMITED	Director	05-09-2007	05-09-2007	-	Active	NO
2	U74120UP2011PTC043632	AIMR JEWELS PRIVATE LIMITED	Director	21-02-2011	21-02-2011	-	Active	NO
3	U70102UP2011PTC047265	AIMR HOUSING PRIVATE LIMITED	Director	03-11-2011	03-11-2011	08-12-2011	Active	NO
4	U70102UP2011PTC047937	AIMR INFRACON PRIVATE LIMITED	Director	15-12-2011	15-12-2011	-	Active	NO
5	U70102UP2011PTC047954	GETWELL HOUSING PRIVATE LIMITED	Director	20-05-2012	20-05-2012	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 31.03.2014

Names of Shareholders	No. of Shares	Percentage of Holding
Swadesh Verma	5000	8.33
Ravi Kumar Verma	5000	8.33
Vijay Kumar	5000	8.33
Sachin Verma	5000	8.33
Sunder Verma	5000	8.33
Anjana Verma	35000	58.33
Total	60000	100.00

As on 25.09.2013

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Trader of Gold and Silver Bullion.
Brand Names :	--
Agencies Held :	--
Exports :	--
Imports :	--
Terms :
Selling :	Credit (30 Days)
Purchasing :	Credit (30 Days)

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference:	NOT DIVULGED
Name of the Person (with Designation):
Contact Number:
Since How Long Known:
Maximum Limit Dealt:
Experience :
Remarks :

· Om Commodity Trading Company, Agra

· Auric Deal Bullion Private Limited

Customers :

Retailers and End Users

Reference:	Shri Radhe Krishna Trading Company
Name of the Person (with Designation):	Mr. Rohit (Proprietor)
Contact Number:	91-9927063538
Since How Long Known:	1 Year
Maximum Limit Dealt:	As per requirement
Experience :	Product Quality: Good Delivery Behaviour: Good Overall: Good
Remarks :	Having satisfactory track record and Good Management.

No. of Employees :

13 (Approximately) [In Office: 9 + In Branch: 4]

Bankers :

Bank Name:	Bank of India
Branch:	Sanjay Place, Agra, Uttar Pradesh, India
Name of the Person (with Designation):	Mr. R.K. Sharma (Chief Manager)
Contact Number:	91-562-2850027
Name of Account Holder:	Aimr Jewels Private Limited
Account Number:	725420110000234
Account Since (Date/ Year of A/c Opening):	2011
Average Balance Maintained (Optional):	--
Credit Facilities Enjoyed (CC/OD/Term Loan):	Nil
Account Operation:	Satisfactory
Remarks: As claimed by Mr. R.K. Sharma (Chief Manager) that subject is having satisfactory track record for banking transaction.

· HDFC Bank Limited

· State Bank of India

· Canara Bank

· Punjab National Bank

· Axis Bank Limited

Auditors :
Name :	CKG and Company Chartered Accountants
Address :	F-31/2, Opposite LIC Building, Sanjay Place, Agra - 282002, Uttar Pradesh, India
Tel. No. :	91-562-40336993
Mobile No. :	91-9837053141
E-Mail :	ckguptaag@gmail.com
Income-tax PAN of auditor or auditor's firm :	AAGFC4189E
Associates/Subsidiaries :	--

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
100,000	Equity Shares	Rs.10/- each	Rs. 1.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
60,000	Equity Shares	Rs.10/- each	Rs. 0.600 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.600	0.600	0.100
(b) Reserves & Surplus	2.140	0.447	0.026
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	2.740	1.047	0.126
(3) Non-Current Liabilities
(a) Long-term borrowings	22.050	18.260	25.250
(b) Deferred tax liabilities (Net)	0.017	0.004	0.002
(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)	22.067	18.264	25.252
(4) Current Liabilities
(a) Short term borrowings	3.650	0.000	0.000
(b) Trade payables	23.751	19.095	0.000
(c) Other current liabilities	0.000	0.000	0.000
(d) Short-term provisions	1.950	0.312	0.025
Total Current Liabilities (4)	29.351	19.407	0.025
TOTAL	54.158	38.718	25.403
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.763	0.059	0.084
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(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	40.805	17.965	0.044
(e) Other Non-current assets	0.000	0.003	0.005
Total Non-Current Assets	41.568	18.027	0.133
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	7.245	0.000	0.000
(c) Trade receivables	2.807	17.243	24.021
(d) Cash and cash equivalents	2.452	3.446	1.247
(e) Short-term loans and advances	0.000	0.000	0.000
(f) Other current assets	0.086	0.002	0.002
Total Current Assets	12.590	20.691	25.270
TOTAL	54.158	38.718	25.403

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	5496.048	4060.523	1776.964
		Other Income	0.691	0.000	0.000
		TOTAL (A)	5496.739	4060.523	1776.964
Less	EXPENSES
		Purchases of Stock-in-Trade	5498.883	4059.129	1776.717
		Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade	(7.244)	0.000	0.000
		Employees Benefits Expense	1.138	0.451	0.109
		Other Expenses	1.391	0.307	0.000
		TOTAL (B)	5494.168	4059.887	1776.826
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		2.571	0.636	0.138
Less	FINANCIAL EXPENSES (D)		0.059	0.000	0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		2.512	0.636	0.138
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.052	0.027	0.092
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		2.460	0.609	0.046
Less	TAX (H)		0.767	0.189	0.014
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		1.693	0.420	0.032
	Earnings / (Loss) Per Share (Rs.)		28.22	4.20	1.61

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Sales)	(%)	0.03	0.01	0.00
Operating Profit Margin (PBDIT/Sales)	(%)	0.05	0.02	0.01
Return on Total Assets (PBT/Total Assets}	(%)	4.54	1.57	0.18
Return on Investment (ROI) (PBT/Networth)		0.90	0.58	0.37
Debt Equity Ratio (Total Debt/Networth)		9.38	17.44	200.40
Current Ratio (Current Asset/Current Liability)		0.43	1.07	1010.80

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particulars	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	0.100	0.600	0.600
Reserves & Surplus	0.026	0.447	2.140
Net worth	0.126	1.047	2.740
Long-term borrowings	25.250	18.260	22.050
Short term borrowings	0.000	0.000	3.650
Total borrowings	25.250	18.260	25.700
Debt/Equity ratio	200.397	17.440	9.380

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	1776.964	4060.523	5496.048
		128.509	35.353

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	1776.964	4060.523	5496.048
Profit	0.032	0.420	1.693
	0.00%	0.01%	0.03%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	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	Yes
15]	Capital in the business	Yes
16]	Details of sister concerns	No
17]	Major suppliers	Yes
18]	Major customers	Yes
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	No
21]	Market information	-----
22]	Litigations that the firm / promoter involved in	-----
23]	Banking Details	Yes
24]	Banking facility details	No
25]	Conduct of the banking account	Yes
26]	Buyer visit details	-----
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

------------------------------------------------------------------------------------------------------------------------------

UNSECURED LOANS

(RS. IN MILLIONS)

PARTICULAR	31.03.2014	31.03.2013
LONG TERM BORROWINGS
Anjana Varma	0.500	0.500
Eminent City Developers Private Limited	6.750	2.750
Eminent Infra Developers Private Limited	6.500	6.500
Eminent Planners and Developers Private Limited	8.000	8.000
Geetanjali Infra Developers Private Limited	0.000	0.500
HDFC Car Loan	0.300	0.000
Ajay Jain (Term Loan of Rs. 0.497 Million is secured by hypothecation of Car)	0.000	0.010
SHORT TERM BORROWINGS
Suresh Chand Agarwal	2.500	0.000
Kamdhenu Sales Corporation	1.150	0.000
Total	25.700	18.260

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AIMR JEWELS PRIVATE LIMITED

COMPUTATION OF TOTAL INCOME

(RS. IN MILLIONS)

PARTICULARS	31.03.2014
Income from Business or Profession (Chapter IV D)			2.418
Profit as per Profit and Loss a/c		2.460
Add:
Depreciation Debited in P & L A/c		0.050
Disallowed U/s 35 D		0.001
Total		2.511
Less:
Depreciation as per Chart u/s 32	0.093
		0.093
		2.418
Gross Total Income			2.418
Total Income			2.418
Round off u/s 288 A			2.418
Calculation for Mat			2.469
Profit as per part II and III of Schedule VI		1.693
Add:
Income Tax u/s 4(a) (ii)		0.754
Deferred Tax Liability		0.013
Interest on Income Tax		0.009
Total		2.469
Tax calculated @ 18.5% on Book Profit is Rs. 0.457 Million
Tax Due		0.725
Education Cess		0.022
		0.747
T.D.S		0.063
		0.684
Advance Tax		0.850
		(0.166)
Refundable (Round off u/s 288B)		0.166

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AIMR JEWELS PRIVATE LIMITED

PROJECTED BALANCE SHEET

(RS. IN MILLIONS)

SOURCES OF FUNDS		31.03.2017	31.03.2016	31.03.2015
SHAREHOLDERS FUNDS
1] Share Capital		20.833	15.659	12.632
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		0.000	0.000	0.000
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		20.833	15.659	12.632
LOAN FUNDS
1] Secured Loans		50.000	50.000	50.000
2] Unsecured Loans		22.500	22.500	22.500
TOTAL BORROWING		72.500	72.500	72.500
DEFERRED TAX LIABILITIES		0.000	0.000	0.000
TOTAL		93.333	88.159	85.132
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.313	0.415	0.552
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERRED TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	65.000	60.000	50.000
	Sundry Debtors	30.000	30.000	25.000
	Cash & Bank Balances	3.500	3.200	3.000
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	28.000	25.000	35.000
Total Current Assets		126.500	118.200	113.000
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	33.000	30.000	28.000
	Other Current Liabilities	0.000	0.000	0.000
	Provisions	0.480	0.456	0.420
Total Current Liabilities		33.480	30.456	28.420
Net Current Assets		93.020	87.744	84.580
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		93.333	88.159	85.132

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AIMR JEWELS PRIVATE LIMITED

PROJECTED TRADING AND PROFIT & LOSS A/C

(RS. IN MILLIONS)

	PARTICULARS		31.03.2017	31.03.2016	31.03.2015
	SALES
		Income	7260.000	6600.000	6000.000
		Other Income	0.000	0.000	0.000
		TOTAL	7260.000	6600.000	6000.000
Less	EXPENSES
		Cost of Goods Sold	7242.877	6584.199	5985.309
		Custom Duty	4.200	3.600	3.000
		Salary	1.500	1.200	1.000
		Legal Fees	0.018	0.015	0.012
		Repair and Maintenance Expenses	0.048	0.036	0.024
		Insurance Expenses	0.021	0.018	0.015
		Bank Commission and Interest	6.100	6.100	6.100
		Conveyance	0.048	0.042	0.036
		Staff Welfare Expenses	0.042	0.036	0.030
		Audit Fees	0.040	0.035	0.030
		Postage Expenses	0.006	0.004	0.002
		General Expenses	0.144	0.132	0.120
		Telephone and Mobile Expenses	0.036	0.030	0.024
		Printing and Stationary	0.018	0.015	0.012
		TOTAL	7255.098	6595.462	5995.714
	PROFIT / (LOSS) BEFORE DEPRECIATION AND AMORTISATION		4.902	4.538	4.286
Less/ Add	DEPRECIATION/ AMORTISATION (F)		0.102	0.138	0.186
	NET PROFIT/ (LOSS)		4.800	4.400	4.100

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NETWORTH STATEMENT

MRS. ANJANA VERMA

(RS. IN MILLIONS)

PARTICULARS	RS. IN MILLIONS
ASSETS
1. Flat No. 402 at Pushpanjali Tower, Agra	2.355
2. Flat No. A-2 at Sharda Sadan, Khandari, Agra	4.500
3. Property at Hotel Haveli, Mathura	11.500
TOTAL (A)	18.355
MOVABLE PROPERTY
1. Capital in Business	0.529
2. Sundry Advances	2.144
3. Investments	0.332
4. Car	1.026
5. Cash and Bank Balances	0.081
TOTAL (B)	4.112
GROSS TOTAL C (A+B)	22.467
LIABILITIES
Bank Borrowings	0.340
Sundry Loans	9.131
TOTAL (D)	9.471

NET WORTH (C-D)

RS. 12.996 MILLIONS

------------------------------------------------------------------------------------------------------------------------------

NETWORTH STATEMENT

MR. SWADESH VERMA

(RS. IN MILLIONS)

PARTICULARS	RS. IN MILLIONS
ASSETS
1. Flat at Emerald Residency	6.000
2. Property at Annapurna Sadan	1.100
3. Property at Nagar Nigam Bhawan	1.090
4. Shop at Pashchim Vihar	0.381
5. Property at Hotel Haveli, Mathura	33.800
TOTAL (A)	42.371
MOVABLE PROPERTY
1. Capital in Business	0.751
2. Sundry Advances	11.079
3. Investments	0.750
4. Car	0.663
5. Cash and Bank Balances	0.274
TOTAL (B)	13.517
GROSS TOTAL C (A+B)	55.888
LIABILITIES
Bank Borrowing	3.600
Sundry Loans	16.248
TOTAL (D)	19.848

NET WORTH (C-D)

RS. 36.040 MILLIONS

------------------------------------------------------------------------------------------------------------------------------

VALUATION REPORT

GENERAL DETAILS

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

05/11/2014

Name of the Owner/ Owners

Mrs. Anjana Verma, Mrs. Rajni, Mr. Swadesh Verma and Mr. Sushil Chauhan

Contact No.: 91-9639558888

If the property is under joint ownership/ co-ownership, share of each such owner. Are the shares undivided?

Joint – Ownership

Brief description of the property

It is a double storey Hotel Building having, 1 Manager Room, 3 Ser. Room, 1 Kitchen, 1 Restaurant Hall, 1 Office, 1 Store, 1 Pantry, 3 Toilet on Ground Floor and 8 Room with Toilet on 1^st Floor. The building to be used as Hotel Haveli. The property was acquired purchase Deed No. 12989, 12805 for Rs. 17.280 Millions, Rs. 6.010 Millions After acquision it has been finished and furnishing with Superior interior. The entire building and land were measured. It was also observed the outside are well developed. As verified it is valued below

Dimension of the Site

North

South

East

West

As per Deed
150’	172’
150’	40’
308’	20’, 308’
308’	328’

Boundaries of the Property

North

South

East

West

As per Deed		As Verified
Other’s Property	Other’s Property	Other’s Property
18’ Wd Road	Mathura Goverdhan	Mathura Road
Other’s Property	18’ Wd Road	18’ Wd Road
Property Seller	Chakmarg	Chak Road

Location, Street, Ward No.

Mauja Datiya, Mathura

Survey/ Plot No. of land

Khasra No. 255

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial area?

Commercial

Classification of Locality – High class/ Middle class/ Poor class

MIG

Proximity to civic amenities like School, Hospital, offices, markets, cinema etc

All within 1.00 K.M. of Property

Means and proximity to surface communication by which the locality is served

B.T. Road

Area of land supported by documentary proof, dimensions and physical features

5756.09 Sqm.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard to use of land? If so, attach a copy of the convenant

Commercial

Are there any agreements of easements? If so, attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give dated of the notification

NA

Furnish technical details of the building on a separate sheet

As per technical details

Is the building owner-occupied/ tenanted/ both?

Owner Occupied

If party owner-occupied, specify portion and extent of area under owner occupation

NA

What is the Floor Space Index permissible and percentage actually utilized?

FSI Used = 14

Permitted = As per plan submitted to Bank

(i) Names of tenant/ lessees, etc.

(ii) Portion in their occupation

(iii) Monthly or annual rent/ compensation/ license fee, etc. paid by each

(iv) Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates, of the owner?

NA

Is separate amount being recovered for the use of fixtures, like fans, geysers, refrigeration’s, cooking ganges, built-in wardrobes, etc. or for service charges? If so, give details

NA

Give details of water and electricity charges, if any, to be borne by the owner

NA

Has the tenant to bear the whole or part of the cost of repairs and maintenance? Give Particulars

NA

If a lift is installed, who has to bear the cost of maintenance and operation - owner or tenant?

No

If a pump is installed, who has to bear the cost of maintenance and operation - owner or tenant?

Owner

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. – owner or tenant?

NA

What is the amount of property tax? Who is to bear it? Give details with documentary proof

NA/ Yet to Assess

Is the building insured? If so, give the policy no., amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law

No

Has any standard rent been fixed for the premises under any law relating to the control or rent

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration No., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 12,000/- Per Sq. M.

Dimension of the plot

Total area of the plot

Prevailing market rate

Guideline rate obtained from the Register Office

Assessed adopted rate of valuation

Estimated value of the land

As per Deed

5756.09 Sq. Mt.

Rs. 12,000/- Per Sq. Mt.

Rs. 9,000/- Per Sq. Mt.

Rs. 12,000/- Per Sq. Mt.

Rs. 69.072 Millions

Year of commencement of construction and year of completion

2013

What was the method of construction - by contract/ by employing labour directly/ both?

Direct Labour

For items of work done on contract, produce copies of agreements

No

For items of work done by engaging labour directly, give basic rates of materials and labour supported by documentary proof

NA

TECHNICAL DETAILS

No of floors and height of floor

Double Storied

Plinth area floor-wise (As per IS: 3861-1966)

Ground Floor = 492.00 Sq. Mt.

First Floor = 318.00 Sq. Mt.

---------------------------------------

Total = 810.00 Sq. Mt.

---------------------------------------

Year of Construction

2013

Estimated future life

59 Years

Type of Construction – Load Bearing Walls/ RCC Frame/ Steel Frame

RCC Frame

Type of Foundations

Column Foot

Walls

9” Thick Brick Wall

Partitions

9” Thick Brick Wall

Doors and Windows (Floor-Wise)

Wooden Chaukhat and Flush Door

Flooring (Floor-Wise)

Marble and Tiles

Finishing (Floor-Wise)

Good

Roofing and Terracing

RCC with POP

Special architectural or decorative features, if any

Colored Tiles in Kitchen WC and Bath

(i) Internal Wiring – Surface or Conduit

(ii) Class of fitting – Superior/ Ordinary/ Poor

Concealed

Ordinary

Sanitary Installations

Ordinary

Class of Fittings : Superior

Ordinary

Compound Wall

Included

No. of Lifts and Capacity

No

Underground Pump – Capacity and Type of Construction

NA

Overhead Tank

NA

Pumps No. and their horse power

NA

Roads and paving within the compound, approximate area and type of paving

NA

DETAILS OF VALUATION

PARTICULARS OF ITEMS	PLINTH AREA	ESTIMATED REPLACEMENT RATE	REPLACEMENT CST	DEPRECIATION	NET VALUE (RS.)
Covered Area both floor	810.00 Sq.Ft.	16,000/- Rs./Sq. Mt.	12.960	N/A	12.960
Superior Finishes	810.00 Sq. Mt.	5,000/- Rs./ Sq.Mt.	4.050	NA	4.050
Total					Rs. 17.010 Millions

SUMMARY OF VALUATION

Part I Land	69.072
Part II Building	17.010
Part III Ext. Dev. And B/Wall 5756 Sq. Mt. @ 800/-	4.605
Total	Rs. 90.687 Millions

The overall fair market value of the property

Rs. 90.600 Millions

The realizable/ Distress sale value of property may reduce to

Rs. 8.000 Millions

The Circle rate value of Property is

Rs. 63.500 Millions

SITE VALUATION

Bank Name

Bank of India

Branch

Sanjay Place, Agra, Uttar Pradesh, India

Name of Owners

Mrs. Anjana Verma, Mrs. Rajni, Mr. Swadesh Verma and Mr. Sushil Chauhan

Address

Khasra No. 255, Mauja Datiya, Mathura

Mobile No.

91-9639558888

Dimension of the Site

North

South

East

West

150’	172’
150’	40’
308’	20’, 308’
308’	328’

Boundaries of the Property

North

South

East

West

Other’s Property	Other’s Property
18’ Wd Road	Mathura Goverdhan
Other’s Property	18’ Wd Road
Property Seller	Chakmarg

Municipality No.

--

UPSEB Connection No.

--

Approved Status

--

Land Rate to be Suggested

--

Width of Road

--

Building Specification

Year of Construction

2013

Roof

R.C.C.

Floor

Marble and Tiles

Joinery

Wooden Chaukhat and Flush Door

------------------------------------------------------------------------------------------------------------------------------

VALUATION REPORT

GENERAL DETAILS

Name and Address of the Property/ Firm

HOTEL HAVELI, situated at Village Datia, Satoha, Goverdhan Road, Mathura (U.P.)

Name of the Owners of the property and Address

1) Owners for Property No.1: Measuring 1464.11 Sq. mts.

Mrs. Anjana Verma D/O Mr. Sheetal Verma

R/O A-2, Aqua Tower, Eminent Apartments Khandhari, Agra and Mrs. Rajni W/O Mr. Raj Kumar R/O Sadar Bazar, Kasba and Tehsil Bah, Distt. Agra (U.P.)

2) Owners for the property No.2, measuring 4291.98 Sqmt

Mr. Swadehs Verma S/O Mr. Ram Bharose Lal Verma R/O 15/55, Bhagat Singh Gate Agra and R/O 9/47, Moti Katra, Agra

Site Situated At

Property at present Situated as Hotel unit in Khasra No. 255, Mauza Datia, Satoha, Goverdhan Road, Tehsil and District Mathura (U.P.)

Surroundings of the property as per dedd/ site With details of registry of each property

A-Sale deed No.1 area 1751.11.00 Sq.yd. Or 1464.11 Sq.mt.

Plot No. 1 part of Khasra No.255 with surroundings as per deed

East – Private Rasta 18’, mts of land this side is 20’”, 308’

West - Rasta Chuck Road and mts. This side 328’0”

North – P/O Others and mts. of plot side is 40’0”

South – Mathura Goverdhan Road, mts of plot side is 40’0”

B-Sale deed. 2 area 5133.33 Sq. yds or 4291.98 Sq.mt.

Plot No. 2 as part of Khasra No. 255 with Surrounding as per deed

East – P/O Others and mts. of this side of land is 308”0”

West – P/O Others and mts. this side 308’0”

North – P/O Others and mts. of plot this side is 150’0”

South – Private Rasta 18’ and mts of plot this side 150’ only

C-Sale Deed No. 3, area 200.00 Sq.yds or 167.22 Sq.mts.

Plot No. 25 in Block C with surroundings as per deed

East – Plot No. 24 (Part) mts. of this side of plot is 30’0”

West – Rasta Approx. 18’ wide and mts. this side 30’0”

North – Rasta 18’0” wide and mts. of plot this side is 60’0”

There are two sale deed made first on dt 15-07-2013 for 1464.11 Sq.mts. land/ property as mentioned above regd. for Plot No. 1 wide Bahi No.1, Jild No. 9727 with Reg. Sr. No. 12989 by the S R Mathura I and second registry for plot No. 2 measuring for 4291.11 Sq. Mt. on dated 11.07.2013 wide Bahi No.1, Jild No. 9716 with reg. Sr. No. 12805 by SR Mathura-I

Total Land Area

Total land area of the unit combining both lands is 5756.09 Sq. mts. as combined area of two plots first is 1464.11 Sq. mts. + second land area is 4291.98 Sq. mt. = 5756.09 Sq. Mts.

Present use of the property

Hotel Industry Unit

Date of Inspection

18-09-2014

Related documents provided by the BOI Branch/ Owner

Both

Purpose of Valuation

Bank Finance

Is the property is under Joint Ownership/ Co-Ownership/ Sole Ownership

Sole Ownership

Dimension of the Property at Site

N-S: 328’0” and e-w: 172’0” as per map

Site inspected with the owner/ representative

Representative Mr. Sharma

Whether property comes under Corporation/ Panchayat/ Municipality

Corporation and MVDA, Mathura

Any Specific Identification Marks

Famous as “Hotel Haveli” situated along Goverdhan Road

Is the property is freehold/ leasehold

Freehold

Type of the property and locality

Mainly used as Industrial com Commercial

Year of Construction of Property

New Building found constructed and finishing

Classification of Site

Population Group	Urban
High/ Middle/ Lower	High
Residential/ Commercial	Hotel
Development of Surroundings	Good
Possibility of any type of threat like flood, calamities, etc.	No

Details of registration of the property

Freehold

A-Sale deed No.1 area 1751.11.00 Sq.yd. Or 1464.11 Sq.mt.

Plot No. 1 part of Khasra No.255 with surroundings as per deed

East – Private Rasta 18’, mts of land this side is 20’”, 308’

West - Rasta Chuck Road and mts. This side 328’0”

North – P/O Others and mts. of plot side is 40’0”

South – Mathura Goverdhan Road, mts of plot side is 40’0”

B-Sale deed. 2 area 5133.33 Sq. yds or 4291.98 Sq.mt.

Plot No. 2 as part of Khasra No. 255 with Surrounding as per deed

East – P/O Others and mts. of this side of land is 308”0”

West – P/O Others and mts. this side 308’0”

North – P/O Others and mts. of plot this side is 150’0”

South – Private Rasta 18’ and mts of plot this side 150’ only

C-Sale Deed No. 3, area 200.00 Sq.yds or 167.22 Sq.mts.

Plot No. 25 in Block C with surroundings as per deed

East – Plot No. 24 (Part) mts. of this side of plot is 30’0”

West – Rasta Approx. 18’ wide and mts. this side 30’0”

North – Rasta 18’0” wide and mts. of plot this side is 60’0”

There are two sale deed made first on dt 15-07-2013 for 1464.11 Sq.mts. land/ property as mentioned above regd. for Plot No. 1 wide Bahi No.1, Jild No. 9727 with Reg. Sr. No. 12989 by the S R Mathura I and second registry for plot No. 2 measuring for 4291.11 Sq. Mt. on dated 11.07.2013 wide Bahi No.1, Jild No. 9716 with reg. Sr. No. 12805 by SR Mathura-I

Proximity to Civic amenties like School, Hospital and Roadways bus Stand, etc.

Within 5.00 Kms.

Proximity to approach by which the locality is Served

By Road Only

Terrain of land of the property

Plain

Shape of the land (Rectangular/ Square/ Irregular)

As per dimensions Rectangular

Whether the plot is intermittent/ Corner

Corner Plot

Source of water supply and water potentiality

Own Supply

Type of sewage disposal

Own Sewage disposal Line

Availability of power supply

UPSEC

Schedule of covered area existing at site

Total land available at site is 6756.09 Sq. Mts.

G.F.C.A.: 492.00 Sq. mts.

F.F.C.A.: 318.00 Sq. mts., S.F.C.A: 174.00 Sq. mts.

Boundary wall 758 Sq. mts. With open area flooring

Land escaping development with G/R and gate, etc.

Given instance of the sales of immovable property: In the locality on a separate sheet indicating the Name/ Address of the property, if available

They have made enquiries and learnt in this area the rate Resi./ Comm. Transact for Rs. 14000.00 per Sq. mts. to @ Rs. 10,000.00 per Sq. mts. so ave. rate of land @ Rs. 12,000.00 per Sq. mts. taken as min. market rate for Valuation purpose.

CALCULATION OF VALUATION

Total land Area

5756.09 Sq.mts.

Present market rate of land

@ Rs. 12,000.00 per Sq.mts.

Present market value of land

Rs. 69.073 Millions (I)

Ground Floor Covered area of the RCC W/s.

492.00 Sq. mts.

Present rate of RCC roofed fin. Const.

@ Rs. 21,000.00

Present cost of GF construction at present

Rs. 10.332 Millions (a)

F. Floor covered area of the RCC Building

318.00 Sq. mts.

Present rate of RCC roofed const.

@ Rs. 21,000.00

Present rate cost of FF const. at present

Rs. 6.678 Millions (b)

Total dep. Cost of B. Wall 756 sq. mt. With all open area development, S/ Pool ost etc. LS

Rs. 3.020 Millions (c)

Year of New Construction and Finishing

2013-14

Year of Valuation

September, 2014

Total life of the building considered

80 Years

Present age of the building at present

Building is about 4 year old but completely renovated with the first floor new construction of 2012

Date of Inspection

18.09.2014

Purpose of Valuation

To find out its fair market value

Future expected life of the structure

76 Years

Cost of depreciation on items above

Nil

Depreciated value of the entire const. (a+b+c)

Rs. 20.030 Millions (II)

Is there any approved plan of site is found

No

Is the property is owner occupied

Yes used as commercial purpose

Is there any electric connection found

Yes with DG Set backup

Source of water supply in the unit

Own arrangements of Sub Pump, etc.

Total Value of the Property (I + II)

Rs. 69.073 + Rs. 20.030 Millions

= Rs. 89.103 Millions, Say Rs. 89.000 Millions

Hence,

The Value of the property as mentioned above belongs to Mrs. Anjana Verma D/O Mr. Sheetal Verma, Mrs. Rajni Verma W/O Mr. Raj Kumar and Mr. Swadesh Verma S/O Mr. Ram Bharoselal Verma and Mr. Sushil Chauhan S/O Mr. Prem Singh all R/O Agra and site situated at part of Khasra No. 255 Mauza Datia, Satoha a Hotel industry unit set up as Hotel Haveli is comes out for

Rs. 89.000 Millions

Realizable value of the above said property is

Rs. 84.500 Millions

Distress value of the same property

Rs. 80.000 Millions only

Government approved circle rate of land in the locality used for residential purpose is @ Rs. 9,000.00 per Sq. mts. So as per Government approved rate of the land will be @ 9,000.00 per Sq.mts. and The value of the property will be @ Rs. 5756.09 x 9000.00 + 810.00 x 12,500.00 + Rs. 0.605 + Rs. 1.000

Rs. 63.535 Millions, Say Rs. 63.535 Millions

------------------------------------------------------------------------------------------------------------------------------

DIAMOND INDUSTRY – INDIA

- From time immemorial, India is well known in the world as the birthplace for diamonds.  It is difficult to trace the origin of diamonds but history says that in the remote past, diamonds were mined only in India. Diamond production in India can be traced back to almost 8^th Century B.C.  India, in fact, remained undisputed leader till 18^th Century when Brazilian fields were discovered in 1725 followed by emergence of S. Africa, Russia and Australia.

- The achievement of the Indian diamond industry was possible only due to combination of the manufacturing skills of the Indian workforce and the untiring and unflagging efforts of the Indian diamantaires, supported by progressive Government policies.

- The area of study of family owned diamond businesses derives its importance from the huge conglomerate of family run organizations which operate in the diamond industry since many generations.

- Some of the basic traits of family run business enterprises include spirit of entrepreneurship, mutual trust lowers transaction costs, small, nimble and quick to react, information as a source of advantage and philanthropy.

- Family owned diamond businesses need to improve on many fronts including higher standard of corporate governance, long-term performance – focused strategies, modern management and technology.

- Utmost caution is to be exercised while dealing with some medium and large diamond traders which are usually engaged in fictitious import – export, inter-company transactions, financially assisted by banks. In the process, several public sector banks lost several hundred million rupees. They mostly diverted borrowed money for diamond business into real estate and capital markets.

- Excerpts from Times of India dated 30^th October 2010 is as under –

- Gem and Jewellery Export Promotion Council in its statistical data has shown the export of polished diamonds to have increase by 28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in February, 2012, India exported $ 1.84 billion worth of polished diamonds in February 2013. A senior executive of GJEPC said, “Export of cut and polished diamonds started falling month-wise after the imposition of 2 % of import duty on the polished diamonds. But February, 2013 has given a new ray of hope to the industry as the export of polished diamonds has actually increased by 28 %. It means the industry  is on the track of recovery and round tripping of diamonds has stopped completely.” Demand has started coming from the US, the UK, Japan and China. India’s polished diamond export is expected to cross $ 21 bn in 2013-14.

- The banking sector has started exercising restraint while following prudent risk management norms when lending money to gems and jewellery sector. This follows the implementation of Basel III accord – a global voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity.

------------------------------------------------------------------------------------------------------------------------------

INDEX OF CHARGES: NO CHARGES EXIST FOR COMPANY

------------------------------------------------------------------------------------------------------------------------------

TRADE REFERENCES

· Shivam Traders

Address: Chaubay Ji Ka Phatak, Agra, Uttar Pradesh, India

Mobile No.: 91-9837039483

· Auric Deal Bullion Private Limited

Address: Radha Nagar, Mathura, Uttar Pradesh, India

Mobile No.: 91-9319049084

· Shri Radhe Krishna Trading Company

Address: Firozabad, Uttar Pradesh, India

Mobile No.: 91-9927063538

· D S (India) Jewelmart Private Limited

Address: Krishna, Mathura, Uttar Pradesh, India

Tel. No.: 91-9412279909

FIXED ASSETS

· Computer

· Note Counting Machine

· Car

· Trade Mark

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. 62.44
UK Pound	1	Rs. 98.15
Euro	1	Rs. 77.38

INFORMATION DETAILS

Information Gathered by :	SVA
Analysis Done by :	DIV
Report Prepared by :	MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	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
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		28

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.