MIRA INFORM REPORT

Report Date :

20.12.2014

IDENTIFICATION DETAILS

Name :	CTRL S DATACENTERS LIMITED
Registered Office :	Ground Floor, Pioneer towers, Plot No.16, Software Units Layout, Madhapur, Hyderabad – 500081, Telangana
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	18.10.2007
Com. Reg. No.:	01-056007
Capital Investment / Paid-up Capital :	Rs.4.479 Millions
CIN No.: [Company Identification No.]	U72200TG2007PLC056007
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AADCC1951A
Legal Form :	Private Limited Liability Company
Line of Business :	Subject is in the business of providing datacenter services.
No. of Employees :	Information denied by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (47)

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

Maximum Credit Limit :	USD 2500000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track. Trade relations are fair. Business is active. Payment terms are reported as usually correct. The company can be considered for business dealings at usual 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 – 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

Rating Agency Name	INDIA
Rating	Long term rating “BBB+”
Rating Explanation	Moderate degree of safety and moderate credit risk.
Date	07.05.2014

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 DECLINED

MANAGEMENT NON – COOPERATIVE (022-27610772)

LOCATIONS

Registered Office :	Ground Floor, Pioneer towers, Plot No.16, Software Units Layout, Madhapur, Hyderabad – 500081, Telangana, India
Tel. No.:	91-22-27610772 / 27610779 / 27610778
Fax No.:	91-40-23116055
E-Mail :	prabhakarareddy@ctrls.in
	br.ifbhyderabad@allahabadbank.in
	gknelature@tycoint.com
Website :	http://www.tyco.com http://www.ctrls.in
Corporate Office:	Office No. 106, Level 01, 3 Trade Center, Bandra East, Bandra Kurla Complex, Mumbai – 400051, Maharashtra, India
	91-22-27610772 / 27610779 / 27610778

DIRECTORS

As on 29.09.2014

Name :

Mr. Pinnapureddy Sridhar Reddy

Designation :

Managing Director

Address :

8-2-269 / 4, Road No.02, Banjara Hills, Hyderabad – 500024, Andhra Pradesh, India

Date of Birth/Age :

23.04.1972

Date of Appointment :

22.07.2013

DIN No.:

0016109

PAN No.:

AGFPP2118R

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	U72900TG1998PLC030728	Pioneer eLabs Limited	Director	01/10/2007	18/12/1998	-	Active	NO
2	U72200TG2000PTC033562	PIONEER INTEGRATED NETWORKS SOLUTIONS PRIVATE LIMITED	Director	01/10/2007	15/02/2000	-	Active	NO
3	U72200TG2003PTC040445	ICONIC DESIGNS PRIVATE LIMITED	Managing director	06/02/2003	06/02/2003	-	Active	NO
4	U22219TG2004PTC043030	POL PUBLISHERS PRIVATE LIMITED	Director	07/04/2004	07/04/2004	-	Active	NO
5	U80211TG2004PLC043786	INDIAN SCHOOL OF ADVANCED STUDIES LIMITED	Managing director	29/07/2004	29/07/2004	29/11/2007	Active	YES
6	U67120TG2004PTC044125	PSR HOLDINGS PRIVATE LIMITED	Director	01/10/2007	09/09/2004	-	Active	NO
7	U93000TG2005PTC045282	EASY MED SERVICES PRIVATE LIMITED	Managing director	07/02/2005	07/02/2005	-	Active	NO
8	U70102TG2004PTC043900	I D MEDCHAL PRIVATE LIMITED	Director	07/02/2007	07/02/2007	-	Active	NO
9	U45400TG2007PTC054812	I D KOKAPET PRIVATE LIMITED	Director	01/10/2007	17/07/2007	-	Active	NO
10	U55101TG2007PTC055227	ID HOTELS PRIVATE LIMITED	Director	01/10/2007	22/08/2007	-	Active	NO
11	U45200TG2007PTC055385	I D UPPAL PRIVATE LIMITED	Director	01/10/2007	04/09/2007	-	Active	NO
12	U45400TG2007PTC055423	ID INDIA PRIVATE LIMITED	Director	01/10/2007	06/09/2007	-	Active	NO
13	U72200TG2007PLC056007	Ctrl S Datacenters Limited	Managing director	22/07/2013	18/10/2007	-	Active	NO
14	U74999TG2008PLC057981	Tier IV Datacenters Limited	Director	05/03/2008	05/03/2008	-	Active	NO
15	U72200TG2008PTC059370	Ctrl S (India) Private Limited	Director	27/05/2008	27/05/2008	-	Active	NO
16	U70109TG2009PTC062465	PINNAPU ESTATES PRIVATE LIMITED	Director	05/01/2009	05/01/2009	-	Active	NO
17	U74140TG2004PTC043749	RAYON MARKETING AND MANAGEMENT SERVICES PRIVATE LIMITED	Director	30/04/2010	30/04/2010	-	Active	NO
18	U72900TG2014PTC094973	CTRL4C CLOUD SERVICES PRIVATE LIMITED	Director	21/07/2014	21/07/2014	-	Active	NO

Name :

Mr. Busireddy Prabhakar Reddy

Designation :

Director

Address :

2-2-20 / B/ 9, DD Colony, Bagh Amberpet, Hyderabad – 500024, Andhra Pradesh, India

Date of Birth/Age :

27.02.1952

Date of Appointment :

18.10.2007

DIN No.:

00030500

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	U72900TG1998PLC030728	Pioneer eLabs Limited	Director	29/03/1999	29/03/1999	-	Active	NO
2	U45200TG2005PTC048126	SPR BUILDERS PRIVATE LIMITED	Director	22/11/2005	22/11/2005	01/10/2007	Strike off	NO
3	U70102TG2004PTC043900	I D MEDCHAL PRIVATE LIMITED	Director	07/02/2007	07/02/2007	26/10/2011	Active	NO
4	U72200TG2003PTC040445	ICONIC DESIGNS PRIVATE LIMITED	Director	09/02/2007	09/02/2007	-	Active	NO
5	U45400TG2007PTC054812	I D KOKAPET PRIVATE LIMITED	Director	17/07/2007	17/07/2007	18/10/2011	Active	NO
6	U55101TG2007PTC055227	ID HOTELS PRIVATE LIMITED	Director	22/08/2007	22/08/2007	18/10/2011	Active	NO
7	U45200TG2007PTC055385	I D UPPAL PRIVATE LIMITED	Director	04/09/2007	04/09/2007	18/10/2011	Active	NO
8	U45400TG2007PTC055423	ID INDIA PRIVATE LIMITED	Director	06/09/2007	06/09/2007	26/10/2011	Active	NO
9	U72200TG2007PLC056007	Ctrl S Datacenters Limited	Director	18/10/2007	18/10/2007	-	Active	NO
10	U74999TG2008PLC057981	Tier IV Datacenters Limited	Director	05/03/2008	05/03/2008	-	Active	NO
11	U72200TG2008PTC059370	Ctrl S (India) Private Limited	Director	27/05/2008	27/05/2008	-	Active	NO

Name :

Mr. Zoltan Varga

Designation :

Additional director

Address :

Chateau de Peak, 8 mt, Kellett Road, The Peak Hong Kong, China

Date of Birth/Age :

25.02.1974

Date of Appointment :

22.10.2009

DIN No.:

01336565

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	U72200TG2003PTC040445	ICONIC DESIGNS PRIVATE LIMITED	Nominee director	06/12/2006	06/12/2006	-	Active	NO
2	L07010KA2004PLC033412	NITESH ESTATES LIMITED	Director	17/07/2007	12/01/2007	08/10/2009	Active	NO
3	U70101WB2003PLC096525	PRAGATI 47 DEVELOPMENT LIMITED	Director	06/10/2007	12/04/2007	08/09/2010	Active	NO
4	U70101PN2008PTC131638	MARVELEDGE REALTORS PRIVATE LIMITED	Director	26/09/2008	27/03/2008	-	Active	NO
5	U70102DL2008PTC172384	P. E. ANALYTICS PRIVATE LIMITED	Director	18/09/2008	18/09/2008	-	Active	NO
6	U45202PN2007PTC130271	NAIKNAVARE CONSTRUCTIONS PRIVATE LIMITED	Nominee director	20/10/2009	20/10/2009	-	Active	NO
7	U45202PN2007PTC129973	NAIKNAVARE HOUSING DEVELOPMENTS PRIVATE LIMITED	Nominee director	20/10/2009	20/10/2009	-	Active	NO
8	U45200PN2007PTC130565	MARVEL LANDMARKS PRIVATE LIMITED	Nominee director	28/09/2010	20/10/2009	-	Active	NO
9	U74899HR2000PLC043893	ELDECO INFRASTRUCTURE AND PROPERTIES LIMITED	Director	24/09/2010	21/10/2009	-	Active	NO
10	U45201TN2005PTC057627	SRI CITY PRIVATE LIMITED	Director	29/09/2010	21/10/2009	-	Active	NO
11	U72200TG2007PLC056007	Ctrl S Datacenters Limited	Additional director	22/10/2009	22/10/2009	-	Active	NO
12	U70102KA2007PTC043539	Epsillon Real Estate Private Limited	Director	22/09/2010	29/10/2009	-	Active	NO

Name :

Mr. Pinnapureddy Mohan Reddy

Designation :

Additional director

Address :

3-1-80, Bhuvanagiri – 508116, Nalgonda, Andhra Pradesh

Date of Birth/Age :

03.07.1936

Date of Appointment :

20.12.2011

DIN No.:

01537845

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	U72900TG1998PLC030728	Pioneer eLabs Limited	Director	29/03/1999	29/03/1999	-	Active	NO
2	U67120TG2004PTC044125	PSR HOLDINGS PRIVATE LIMITED	Director	27/12/2006	27/12/2006	-	Active	NO
3	U70109TG2009PTC062465	PINNAPU ESTATES PRIVATE LIMITED	Director	05/01/2009	05/01/2009	-	Active	NO
4	U74140TG2004PTC043749	RAYON MARKETING AND MANAGEMENT SERVICES PRIVATE LIMITED	Director	30/04/2010	30/04/2010	-	Active	NO
5	U45400TG2007PTC054812	I D KOKAPET PRIVATE LIMITED	Director	02/08/2010	02/08/2010	-	Active	NO
6	U55101TG2007PTC055227	ID HOTELS PRIVATE LIMITED	Director	03/08/2010	03/08/2010	-	Active	NO
7	U45200TG2007PTC055385	I D UPPAL PRIVATE LIMITED	Director	05/08/2010	05/08/2010	-	Active	NO
8	U22219TG2004PTC043030	POL PUBLISHERS PRIVATE LIMITED	Director	06/08/2010	06/08/2010	-	Active	NO
9	U72200TG2000PTC033562	PIONEER INTEGRATED NETWORKS SOLUTIONS PRIVATE LIMITED	Director	07/08/2010	07/08/2010	-	Active	NO
10	U74999TG2008PLC057981	Tier IV Datacenters Limited	Director	11/04/2011	11/04/2011	-	Active	NO
11	U70102TG2004PTC043900	I D MEDCHAL PRIVATE LIMITED	Director	18/10/2011	18/10/2011	-	Active	NO
12	U45400TG2007PTC055423	ID INDIA PRIVATE LIMITED	Director	18/10/2011	18/10/2011	-	Active	NO
13	U72200TG2007PLC056007	Ctrl S Datacenters Limited	Additional director	20/12/2011	20/12/2011	-	Active	NO
14	U72200TG2003PTC040445	ICONIC DESIGNS PRIVATE LIMITED	Additional director	20/12/2011	20/12/2011	-	Active	NO
15	U72900TG2014PTC094973	CTRL4C CLOUD SERVICES PRIVATE LIMITED	Director	21/07/2014	21/07/2014	-	Active	NO

Name :

Madduri Anand Balakrishna

Designation :

Additional director

Address :

FTC – 11 / F, branksome, Grande, 3 Tregunter Path, Mid-Level, Hong Kong

Date of Birth/Age :

11.08.1972

Date of Appointment :

01.07.2013

DIN No.:

01038783

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	U72900PN2005PTC142131	PANCHSHIL CORPORATE PARK PRIVATE LIMITED	Director	20/12/2006	20/12/2006	07/07/2008	Active	NO
2	U45200PN2005PTC143269	PANCHSHIL INFRASTRUCTURE HOLDINGS PRIVATE LIMITED	Director	21/12/2006	21/12/2006	07/07/2008	Active	NO
3	U70102KA1990PTC027924	MANTRI DEVELOPERS PRIVATE LIMITED	Director	25/07/2007	26/12/2006	07/07/2008	Active	NO
4	L45200MH1998PLC114818	OBEROI REALTY LIMITED	Director	29/09/2007	17/01/2007	07/07/2008	Active	NO
5	U74899DL1979PTC010091	IHHR HOSPITALITY PRIVATE LIMITED	Director	29/03/2007	29/03/2007	07/07/2008	Active	NO
6	U45201DL2003PTC123135	ALPHA G:CORP DEVELOPMENT PRIVATE LIMITED	Director	29/12/2007	11/06/2007	07/07/2008	Active	NO
7	U45200TG2006PTC049680	APARNA INFRAHOUSING PRIVATE LIMITED (PART IX )	Director	26/07/2007	26/07/2007	07/07/2008	Active	NO
8	U55701PN1991PTC134103	PREMSAGAR INFRA REALTY PRIVATE LIMITED	Additional director	12/11/2007	12/11/2007	07/07/2008	Active	NO
9	U70102KA2007PTC043539	Epsillon Real Estate Private Limited	Director	25/09/2013	28/06/2013	-	Active	NO
10	U72200TG2007PLC056007	Ctrl S Datacenters Limited	Additional director	01/07/2013	01/07/2013	-	Active	NO
11	U70102DL2008PTC172384	P. E. ANALYTICS PRIVATE LIMITED	Nominee director	01/07/2013	01/07/2013	-	Active	NO
12	U70101PN2008PTC131638	MARVELEDGE REALTORS PRIVATE LIMITED	Nominee director	01/07/2013	01/07/2013	-	Active	NO
13	U45200PN2007PTC130565	MARVEL LANDMARKS PRIVATE LIMITED	Nominee director	01/07/2013	01/07/2013	-	Active	NO
14	U45202PN2007PTC129973	NAIKNAVARE HOUSING DEVELOPMENTS PRIVATE LIMITED	Nominee director	01/07/2013	01/07/2013	-	Active	NO
15	U45202PN2007PTC130271	NAIKNAVARE CONSTRUCTIONS PRIVATE LIMITED	Nominee director	01/07/2013	01/07/2013	-	Active	NO

Name :

Mr. Sundareswaran Sri Shankar

Designation :

Alternate director

Address :

1904, 19^th Floor, Tower II, Rahej Tipco Heights Rani Sati Marg, Malad (East), Mumbai – 400097, Maharashtra, India

Date of Appointment :

29.09.2014

DIN No.:

03011927

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	U74899HR2000PLC043893	ELDECO INFRASTRUCTURE AND PROPERTIES LIMITED	Alternate director	30-09-14	23-03-10	01-10-14	Active	NO
2	U70101PN2008PTC131638	MARVELEDGE REALTORS PRIVATE LIMITED	Alternate director	30-06-14	26-03-10	01-07-14	Active	NO
3	U45200PN2007PTC130565	MARVEL LANDMARKS PRIVATE LIMITED	Alternate director	30-06-14	26-03-10	01-07-14	Active	NO
4	U45201TN2005PTC057627	SRI CITY PRIVATE LIMITED	Alternate director	14-02-14	29-03-10	-	Active	NO
5	U72200TG2007PLC056007	Ctrl S Datacenters Limited	Alternate director	29-09-14	09-04-10	-	Active	NO
6	U70102DL2008PTC172384	P. E. ANALYTICS PRIVATE LIMITED	Alternate director	25-06-14	12-04-10	26-06-14	Active	NO
7	U70101WB2003PLC096525	PRAGATI 47 DEVELOPMENT LIMITED	Alternate director	13-05-10	13-05-10	15-05-10	Active	NO
8	U72200TG2003PTC040445	ICONIC DESIGNS PRIVATE LIMITED	Alternate director	29-09-14	02-06-10	-	Active	NO
9	U45202PN2007PTC129973	NAIKNAVARE HOUSING DEVELOPMENTS PRIVATE LIMITED	Alternate director	01-10-14	28-06-10	03-10-14	Active	NO
10	U45202PN2007PTC130271	NAIKNAVARE CONSTRUCTIONS PRIVATE LIMITED	Alternate director	08-10-14	28-06-10	09-10-14	Active	NO
11	U70102KA2007PTC043539	Epsillon Real Estate Private Limited	Additional director	29-10-14	16-04-14	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2014

Names of Shareholders	No. of Shares
P. Sridhar Reddy	7872
B. Prabhakar Reddy	1
M.V.V. Srinivasa Rao	1
M. Shiva Senani	1
G.S. Prasad Rao	1
M. Kiran Kumar	1
Nirmal Kumar	1
Tier IV Datacenters Limited	220380
AMIF Re Investments XI Limited	143471
Total	371729

Names of Preference Shareholder	No. of Shares
Tier IV Datacenters Limited	76190
Total	76190

Equity Share Break up (Percentage of Total Equity)

As on 29.09.2014

Category	Percentage
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	38.59
Bodies corporate	59.30
Directors or relatives of Directors	2.11
Total	100.00

BUSINESS DETAILS

Line of Business :	Subject is in the business of providing datacenter services.
Products :	Not Divulged
Brand Names :	Not Divulged
Agencies Held :	Not Divulged
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

PRODUCTION STATUS NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

Customers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

No. of Employees :

Information denied by the management

Bankers :

• Allahabad Bank, 1^st Floor, Srinivasa Plaza, 6-3-850/3, Ameerpet Main Road, Hyderabad – 500016, Andhra Pradesh, India
• Corporation Bank, 3-6-285, Ameer Mahal Apartment, Adjacent to CDR Hospital, Hyderabad, Hyderabad – 500029, Andhra Pradesh, India
• Allahabad Bank (lead Bank), Industrial Finance Branch, 1^st Floor, Srinivas Plaza, Ameerpet, Hyderabad – 500016, Andhra Pradesh, India

Facilities :

Secured Loan	31.03.2014 (Rs. in Millions)	31.03.2013 (Rs. in Millions)
Long-term Borrowings
Rupee term loans from banks	1334.047	1432.056
Other loans and advances, others	3.461	3.892
Short-term borrowings
Rupee term loans from banks	37.500	0.000
Other loans and advances, others	30.990	72.419
Total	1405.998	1508.367

Banking Relations :	---
Auditors :
Name :	S. R. Batliboi and Associates LLP Chartered Accountants
Address :	Oval Office, 18, ilabs Centre Hitech City, Madhapur, Hyderbad – 500081, India
Tel. No.:	91-40-67362000
Fax No.:	91-40-67362200
PAN N Income-tax PAN of auditor or auditor's firm :	AABFS3421N
Memberships :	--
Collaborators :	--
Holding Company :	Tier IV Datacenters Limited, India [U74999TG2008PLC057981]
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives:	AMIF Re Investment Xi Limited Pioneer Elabs Limited, India [U72900TG1998PLC030728] Iconic Designs Private Limited, India [U72200TG2003PTC040445] Pol Publishers Private Limited, India [U22219TG2004PTC043030]

CAPITAL STRUCTURE

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
4500000	Equity Shares	Rs.10/- each	Rs.45.000 Millions
500000	Preference Shares	Rs.10/- each	Rs.5.000 Millions
	Total		Rs. 50.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
371729	Equity Shares	Rs.10/- each	Rs.3.717 Millions
76190	Preference Shares	Rs.10/- each	Rs.0.762 Millions
	Total		Rs. 4.479 Millions

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	4.479	4.135	3.793
(b) Reserves & Surplus	2254.167	1377.671	868.675
(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)	2258.646	1381.806	872.468
(3) Non-Current Liabilities
(a) long-term borrowings	1337.508	1435.948	1240.584
(b) Deferred tax liabilities (Net)	98.213	28.733	21.296
(c) Other long term liabilities	22.836	13.887	18.420
(d) long-term provisions	6.870	4.665	2.342
Total Non-current Liabilities (3)	1465.427	1483.233	1282.642
(4) Current Liabilities
(a) Short term borrowings	68.490	72.419	0.000
(b) Trade payables	102.987	76.770	64.031
(c) Other current liabilities	349.811	262.050	460.288
(d) Short-term provisions	0.521	5.556	5.361
Total Current Liabilities (4)	521.809	416.795	529.680
TOTAL	4245.882	3281.834	2684.790
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	2479.141	2274.844	2113.467
(ii) Intangible Assets	41.291	14.039	8.065
(iii) Capital work-in-progress	368.427	178.670	6.653
(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	244.080	172.576	128.421
(e) Other Non-current assets	168.339	74.567	46.110
Total Non-Current Assets	3301.278	2714.696	2302.716
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	382.985	227.053	76.227
(d) Cash and cash equivalents	459.590	214.695	272.841
(e) Short-term loans and advances	36.498	79.438	16.273
(f) Other current assets	65.531	45.952	16.733
Total Current Assets	944.604	567.138	382.074
TOTAL	4245.882	3281.834	2684.790

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	1222.777	832.063	430.533
	Other Income	42.868	19.149	26.544
	TOTAL (A)	1265.645	851.212	457.077
Less	EXPENSES
	Cost of Materials Consumed	0.000	0.000	0.000
	Purchases of Stock-in-Trade	42.967	4.992	5.373
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	0.000	0.000	0.000
	Employees benefits expense	169.496	121.181	78.022
	Other expenses	490.140	372.820	213.681
	Prior period items before tax	0.000	4.197	0.000
	TOTAL (B)	702.603	503.190	297.076
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	563.042	348.022	160.001
Less	FINANCIAL EXPENSES (D)	197.804	216.030	76.873
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	365.238	131.992	83.128
Less/ Add	DEPRECIATION/ AMORTISATION (F)	168.918	123.612	68.847
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	196.320	16.774	14.281
Less	TAX (I)	69.480	7.436	6.096
	PROFIT/ (LOSS) AFTER TAX (G-I) (J)	126.840	9.338	8.185
	Earnings / (Loss) Per Share (Rs.)
	Basic	358.21	29.33	27.00
	Diluted	298.52	24.41	22.68

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	10.37	1.12	1.90
Operating Profit Margin (PBIDT/Sales)	(%)	46.05	41.83	37.16
Return on Total Assets (PBT/Total Assets}	(%)	5.06	0.54	0.53
Return on Investment (ROI) (PBT/Networth)		0.09	0.01	0.02
Debt Equity Ratio (Total Debt /Networth)		0.62	1.09	1.42
Current Ratio (Current Asset/Current Liability)		1.81	1.36	0.72

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	3.793	4.135	4.479
Reserves & Surplus	868.675	1377.671	2254.167
Net worth	872.468	1381.806	2258.646
long-term borrowings	1240.584	1435.948	1337.508
Short term borrowings	0.000	72.419	68.490
Total borrowings	1240.584	1508.367	1405.998
Debt/Equity ratio	1.422	1.092	0.622

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	430.533	832.063	1222.777
		93.263	46.957

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	430.533	832.063	1222.777
Profit	8.185	9.338	126.840
	1.90%	1.12%	10.37%

LOCAL AGENCY FURTHER INFORMATION

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

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10413281	29/01/2013	100,000,000.00	CORPORATION BANK	3-6-285, AMEER MAHAL APTS, ADJACENT TO CDR HOSPIT AL, HYDERGUDA, HYDERABAD, ANDHRA PRADESH - 500029, INDIA	B71288450
2	10411501	06/08/2014 *	2,150,000,000.00	ALLAHABAD BANK	1ST FLOOR, SRINIVASA PLAZA, 6-3-850/3, AMEERPET M AIN ROAD, HYDERABAD, TELANGANA - 500016, INDIA	C17823014
3	10202794	31/12/2010 *	2,500,000,000.00	ALLAHABAD BANK (LEAD BANK)	1ST FLOOR, SRINIVASA PLAZA, 6-3-850/3, AMEERPET M AIN ROAD, HYDERABAD, ANDHRA PRADESH - 500016, INDI A	B07309917

FIXED ASSETS

Tangible assets

• land
• Buildings
• Plant and equipment
• Furniture and fixtures
• Vehicles
• Office equipment
• Leasehold improvements

Intangible assets

• Computer software

PRESS RELEASES

CTRLS HONORED WITH RECOGNITION FOR 'PUBLIC CLOUD SERVICES ?? LARGE ENTERPRISE' FROM INDIAN CIOS

29.01.2014

CtrlS Datacenters Limited., a leading MSP which owns the Asia's largest Tier 4 Datacenters, was conferred the honor in the category of 'Public Cloud Services - Large Enterprise' at the recently held CIO Choice Red Carpet event in Mumbai. For the second consecutive year, CtrlS has been chosen as the most preferred IT/ ITES brand by CIOs across India.

CtrlS is the largest and foremost provider of cloud services to many of India's biggest and most reputed companies in both private as well as public sector. BFSI, eCommerce, manufacturing, IT services and logistics companies, choose CtrlS for premium cloud services combined with unmatched expertise in managed services.

"Winning this award for the second time has re-energized the entire organization. Our focus now is to repeat the success story, with new service offerings. We believe that the best of our offerings are yet to come. We are thrilled to be part of this timeframe, when cloud is at the cusp of transforming more businesses than ever," said Mr. Sridhar Pinnapureddy, Founder and CEO, CtrlS Datacenters Limited. CtrlS solutions enable customers to support changing business models at the right time, the right place, and from the best sources, and flexibly deliver IT services in the manner that best serves business needs.

This 2nd annual list mentions the recognized brands of ICT vendors that are determined through an independent CIO voting survey from across the country on product performance, customer satisfaction and continued customer service. It is a recognition and validation that CIOs can trust because it is 'By the CIO and for the CIO'. It offers the CIO community an authentic aid to finding and considering the most preferred and stable products, services and solutions. In a practical world - innovation, quality of services, and cost to customer are critical measures for vendor recognition.

CIO Choice

"CIO Choice trust seal is validation from CIO community trust in the recognized brand," said Anoop Mathur, President at Centre of Recognition and Excellence.

About CtrlS Datacenters Limited.

Incorporated in 2007, CtrlS is India's leading IT infrastructure and managed hosting services provider with offerings comprising of datacenter infrastructure, disaster recovery, storage and backup, application hosting, hardware, cloud computing, platforms, network and security solutions.

With India's only Tier 4 Datacenter to its credit, CtrlS provides unmatched hosting capabilities. CtrlS' state-of-the-art datacenters across Hyderabad, Mumbai and Delhi (upcoming) are spread over combined areas of 340,000 sq.ft. (appx.). It offers a comprehensive range of sophisticated and contemporary solutions. Our solutions enable customers to support changing business models at the right time, the right place, and using the best-in-class resources, and flexibly deliver IT services in a manner that best serves business

REDINGTON INDIA UP ON DEAL WITH CTRLS DATACENTERS

MUMBAI  JUNE 7, 2013

Shares of Redington India were up over 2% at Rs 79 after the company announced that CtrlS Datacenters Limited has appointed the company as National Distributor for its cloud offerings.

Shares of Redington India were up over 2% at Rs 79 after the company announced that CtrlS Datacenters Limited has appointed the company as National Distributor for its cloud offerings.

CtrlS is a part of Pioneer Group, which is primarily involved in IT - services, consulting and infrastructure. CtrlS has developed the capabilities to provide platform level services which includes data center infrastructure, storage, backup, hardware, OS layers, network and security layers, the release said.

This partnership will enable Redington to enhance its "Cloud" portfolio and is expected to offer significant value to its partners in an emerging technology area, the release added.

Over 180,000 shares were traded on both the stock exchanges so far.

CTRLS CROSSES RS 1000.000 MILLIONS ANNUITY REVENUE

FEBRUARY 26, 2013

CtrlS Datacenters, a city-based IT-enabled managed services provider owning Asia's largest Tier-IV datacentre, has crossed Rs 1000.000 Millions in annuity revenue during the 2012 calendar. The company closed the previous financial year ended March 31, 2012, where it recorded annuity revenue of Rs 479.200 Millions.

“Today, close to 40 per cent of our revenue comes from the banking, financial services and insurance (BFSI) sector. We see a huge potential in the market and hope to capture a huge share in the market,” CtrlS founder and chief executive officer Sridhar Reddy said on Tuesday.

CtrlS currently owns and operates two facilities in Hyderabad and Mumbai. While the Hyderabad centre consists of 20,000 sft with a rack capacity of 972 and power capacity of 10 Mw, the 200,000-sft Mumbai facility can house 5,000 racks with a 30-Mw of power capacity.

“A third facility is due for launch in the Delhi region during 2013,” he said.

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 records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.07
UK Pound	1	Rs.98.73
Euro	1	Rs.77.46

INFORMATION DETAILS

Information Gathered by :	GAY
Analysis Done by :	SUB
Report Prepared by :	KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	5
--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	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		47

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.