MIRA INFORM REPORT

Report Date :

12.02.2014

IDENTIFICATION DETAILS

Name :	LUXOR NANO TECHNOLOGY PRIVATE LIMITED
Registered Office :	229, Okhla Industrial Estate, Phase-III, New Delhi – 110020
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	09.10.2009
Com. Reg. No.:	55-195033
Capital Investment / Paid-up Capital :	Rs. 1.000 Million
CIN No.: [Company Identification No.]	U74140DL2009PTC195033
TAN No.: [Tax Deduction & Collection Account No.]	DELL04362B
Legal Form :	Private Limited Liability Company
Line of Business :	Developing and Marketing of Nano Technology based Cleaning Products.
No. of Employees :	Not Available

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 510000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having a moderate track record. There incurred huge external borrowings recorded by the company during 2013. However, trade relations are reported to be fair. Business is active. Payments 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 – December 1, 2013

Country Name	Previous Rating (30.09.2013)	Current Rating (01.12.2013)
India	A1	A1

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

INDIAN ECONOMIC OVERVIEW

The worst is over for India’s economy with gross domestic product likely to expand 5 %to 5.5 % this year and more than 6 % in 2015, according to Moody’s Analytics. Concerns over the rupee and current account deficit are under control, said the agency. Ratings firm Crisil has forecast 6 % growth for 2014/15 up from the estimated 4.8 % for 2013/14.  Total economic growth, infrastructure bottlenecks and lack of transparency and consistency in foreign direct investment policies seem to have taken a toll on India’s attractiveness as an investment destination, says an Ernst & Young survey.  Projects with FDI component fell 16.4 % across the globe in 2012 from the previous year.  The drop in India was steeper at 21 %. State run carrier Air India is doling out free tickets to its 24000 employees, even as it expects to incur a loss of Rs 39000 mn this financial year and has a debt of Rs 350000 mn. 550000 number of jobs generated across India in 2013, a fall of 0.4 % as compared to with a year earlier. The National  Capital Region has a one-fourth share in total jobs created, according to a study by industry lobby group Assochem, Banks, real estate, automobile and telecommunications sectors are showing a rise of job creation. $ 805 mn investments by venture capital firms in India during 2013, registering a drop of about 18 % over the previous year. The Information Technology and IT-Enabled  Services Industry retained its status as the favourable venture capital investors in 2013. Pakistan has temporarily banned gold imports for the second time in six months, as it tries to stem smuggling into India. India’s import duty on gold is 10 % and curbs on purchases have dried up legal imports into what used to be the world’s biggest bullion buyers. The World Gold Council puts the amount smuggled into India at upto 200 tonnes in 2013. The Reserve Bank of India has proposed that unclaimed bank deposits estimated to be about Rs 35000 mn be used for education and awareness among depositors.  According to the plan, deposits that have not been claimed for at least 10 years will be transferred to the scheme.

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.

LOCATIONS

Registered Office :	229, Okhla Industrial Estate, Phase-III, New Delhi – 110020, India
Tel. No. :	91-11-26933642/ 26814984
Fax No. :	91-11-26844469/ 26917847
E-Mail :	dkjain@luxoroffice.com customercare@luxornano.com rohit.mathur@luxornano.com
Website :	www.luxornano.com
Lab 1:	B-20/B21, Hosiery Complex, Phase – 2 Extension, Noida, Uttar Pradesh, India
Lab 2:	Plot No. 107, Sector – 7, IIE-SIDCUL, Ranipur, Haridwar – 249403, Uttrakhand India
Tel. No. :	91-1334-239522/ 23/ 24
Fax No. :	91-1334-239874

DIRECTORS

As on 19.09.2013

Name :

Mr. Davinder Kumar Jain

Designation :

Director

Address :

D-19, Nizamuddin (East), New Delhi – 110013, India

Date of Birth/Age :

19.02.1943

Date of Appointment :

09.10.2009

DIN No. :

00055350

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	U74899DL1987PTC019042	LUXOR (INDIA) PRIVATE LIMITED	Director	03/09/1987	03/09/1987	-	Active	NO
2	U74899DL1995PTC073683	LUXOR WRITING INSTRUMENTS PRIVATE LIMITED	Director	08/11/1995	08/11/1995	-	Active	NO
3	U67120DL1996PTC076128	JHPL HOLDINGS PRIVATE LIMITED	Director	07/02/1996	07/02/1996	-	Active	NO
4	U25199DL1957PTC002817	PROCESSORS CORPORATION PVT LTD	Director	26/03/1996	26/03/1996	-	Active	NO
5	U72200DL2000PTC104496	LUXOR INFOTECH PRIVATE LIMITED	Director	16/03/2000	16/03/2000	-	Active	NO
6	U55101DL2001PTC110097	EDENPARK HOTELS PRIVATE LIMITED	Director	20/03/2001	20/03/2001	-	Active	NO
7	U65993DL2002PTC114412	LAGUNA HOLDINGS PRIVATE LIMITED	Director	28/02/2002	28/02/2002	-	Active	NO
8	U45201DL2003PTC123494	INDIA COLONISERS PRIVATE LIMITED	Director	05/01/2004	05/01/2004	-	Active	NO
9	U45202DL2001PTC112449	PROSPEROUS ESTATES PVT LTD	Director	02/06/2004	02/06/2004	-	Active	NO
10	U24232DL2005PTC132418	LUXOR BIOTEC PRIVATE LIMITED	Director	25/01/2005	25/01/2005	-	Active	NO
11	U51909DL2005PTC135882	LUXOR GLOBAL BRANDS MARKETING PRIVATE LIMITED	Director	06/05/2005	06/05/2005	-	Active	NO
12	U70102DL2005PTC132799	TANMAY REALTECH PRIVATE LIMITED	Director	09/05/2005	09/05/2005	14/06/2007	Active	NO
13	U70102DL2002PTC117222	HARI REALTECH PRIVATE LIMITED	Director	09/05/2005	09/05/2005	14/06/2007	Active	NO
14	U74999DL2004PTC131590	UPPALS INFO AND BIO TECHNOLOGIES PRIVATE LIMITED	Director	11/06/2005	11/06/2005	09/07/2013	Active	NO
15	U45201DL2005PTC138745	LUXOR CYBER CITY PRIVATE LIMITED	Director	15/07/2005	15/07/2005	-	Active	NO
16	U51909DL2006PTC145517	LUXOR RETAIL PRIVATE LIMITED	Director	27/01/2006	27/01/2006	-	Active	NO
17	U92111AP2005PLC045256	APAKSH BROADBAND LIMITED	Director	24/05/2006	24/05/2006	05/02/2008	Active	NO
18	U70109DL2006PTC149303	HAWKS TOWN PLANNERS PRIVATE LIMITED	Director	29/09/2007	03/07/2006	-	Active	NO
19	U67120DL2006PTC153576	DPK INVESTMENTS PRIVATE LIMITED	Director	12/09/2006	12/09/2006	25/03/2013	Active	NO
20	U74999MH2007NPL168975	JAIN INTERNATIONAL TRADE ORGANISATION	Director	11/12/2010	03/04/2007	-	Active	NO
21	U74140MH2006PLC163437	ATHERSTONE CAPITAL MARKETS LIMITED	Director	01/02/2008	01/02/2008	06/08/2008	Active	NO
22	U70100DL2009PTC191360	LUXOR INFRATECH PRIVATE LIMITED	Director	18/06/2009	18/06/2009	-	Active	NO
23	U74140DL2009PTC195033	LUXOR NANO TECHNOLOGY PRIVATE LIMITED	Director	09/10/2009	09/10/2009	-	Active	NO
24	U36991DL1996PTC076070	HI-LINE PENS PRIVATE LIMITED	Director	30/09/2010	15/11/2009	-	Active	NO
25	U74899DL1980PTC010659	LUXOR INTERNATIONAL PRIVATE LIMITED	Managing director	16/11/2009	15/11/2009	-	Active	NO
26	U55101DL2010PTC201057	SUSHREE HOSPITALITY PRIVATE LIMITED	Director	01/04/2010	01/04/2010	-	Active	NO
27	U74899DL1951GAP001947	PHD CHAMBER OF COMMERCE AND INDUSTRY	Director	23/12/2011	23/12/2011	-	Active	NO
28	U41000DL2007PTC163653	LUXOR AQUA PRIVATE LIMITED	Director	20/08/2012	06/03/2012	-	Active	NO
29	U74899DL1990PTC042066	IDEAL HI TECH ENGINEERING EQUIPMENT PRIVATE LIMITED	Director	17/08/2012	01/06/2012	-	Active	NO
30	U93000TN2012NPL086435	WORLD VEG COUNCIL	Director	21/06/2012	21/06/2012	-	Active	NO
31	AAB-6763	DKJ LUXOR INFRASTRUCTURE LLP	Designated Partner	27/07/2013	27/07/2013	-	Active	NO

Name :

Usha Jain

Designation :

Director

Address :

D-19, Nizamuddin (East), New Delhi – 110013, India

Date of Birth/Age :

19.06.1943

Date of Appointment :

09.10.2009

DIN No. :

00055364

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	U74899DL1990PTC042066	IDEAL HI TECH ENGINEERING EQUIPMENT PRIVATE LIMITED	Director	08/06/1992	08/06/1992	-	Active	NO
2	U74899DL1987PTC019042	LUXOR (INDIA) PRIVATE LIMITED	Director	11/01/1996	11/01/1996	-	Active	NO
3	U67120DL1996PTC076128	JHPL HOLDINGS PRIVATE LIMITED	Director	07/02/1996	07/02/1996	-	Active	NO
4	U25199DL1957PTC002817	PROCESSORS CORPORATION PRIVATE LIMITED	Director	26/03/1996	26/03/1996	-	Active	NO
5	U36991MH1998PTC116700	HERMAN PENS PRIVATE LIMITED	Director	29/09/1998	29/09/1998	-	Active	NO
6	U74899DL1980PTC010659	LUXOR INTERNATIONAL PRIVATE LIMITED	Director	19/01/2002	19/01/2002	-	Active	NO
7	U65993DL2002PTC114412	LAGUNA HOLDINGS PRIVATE LIMITED	Director	28/02/2002	28/02/2002	-	Active	NO
8	U45201DL2003PTC123494	INDIA COLONISERS PRIVATE LIMITED	Director	05/01/2004	05/01/2004	-	Active	NO
9	U45202DL2001PTC112449	PROSPEROUS ESTATES PVT LTD	Director	02/06/2004	02/06/2004	-	Active	NO
10	U24232DL2005PTC132418	LUXOR BIOTEC PRIVATE LIMITED	Director	25/01/2005	25/01/2005	-	Active	NO
11	U51909DL2005PTC135882	LUXOR GLOBAL BRANDS MARKETING PRIVATE LIMITED	Director	06/05/2005	06/05/2005	-	Active	NO
12	U70102DL2005PTC132799	TANMAY REALTECH PRIVATE LIMITED	Director	09/05/2005	09/05/2005	14/06/2007	Active	NO
13	U70102DL2002PTC117222	HARI REALTECH PRIVATE LIMITED	Director	09/05/2005	09/05/2005	14/06/2007	Active	NO
14	U74999DL2004PTC131590	UPPALS INFO AND BIO TECHNOLOGIES PRIVATE LIMITED	Director	11/06/2005	11/06/2005	09/07/2013	Active	NO
15	U41000DL2007PTC163653	LUXOR AQUA PRIVATE LIMITED	Director	18/05/2007	18/05/2007	-	Active	NO
16	U70100DL2009PTC191360	LUXOR INFRATECH PRIVATE LIMITED	Director	18/06/2009	18/06/2009	-	Active	NO
17	U74140DL2009PTC195033	LUXOR NANO TECHNOLOGY PRIVATE LIMITED	Director	09/10/2009	09/10/2009	-	Active	NO
18	U67120DL2006PTC153576	DPK INVESTMENTS PRIVATE LIMITED	Director	31/07/2013	25/03/2013	-	Active	NO
19	U70109DL2006PTC149303	HAWKS TOWN PLANNERS PRIVATE LIMITED	Director	27/09/2013	09/07/2013	-	Active	NO
20	AAB-6763	DKJ LUXOR INFRASTRUCTURE LLP	Designated Partner	27/07/2013	27/07/2013	-	Active	NO

Name :

Mr. Vijay Kumar Jain

Designation :

Director

Address :

B-167, SFS DDA Flats Sarita Vihar, Mathura Road New Delhi – 110044, India

Date of Birth/Age :

05.06.1936

Date of Appointment :

14.09.2010

DIN No. :

00055376

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	U74899DL1981PTC012566	LUXOR PLASTCHEM PRIVATE LIMITED	Director	24/04/1989	24/04/1989	-	Active	NO
2	U74899DL1980PTC010659	LUXOR INTERNATIONAL PRIVATE LIMITED	Director	08/01/1996	08/01/1996	-	Active	NO
3	U74899DL1990PTC042066	IDEAL HI TECH ENGINEERING EQUIPMENT PRIVATE LIMITED	Director	01/06/1996	01/06/1996	-	Active	NO
4	U74899DL1987PTC019042	LUXOR (INDIA) PRIVATE LIMITED	Director	01/04/1999	01/04/1999	-	Active	NO
5	U36991DL1996PTC076070	HI-LINE PENS PRIVATE LIMITED	Director	20/07/1999	20/07/1999	-	Active	NO
6	U74140DL2009PTC195033	LUXOR NANO TECHNOLOGY PRIVATE LIMITED	Director	14/09/2010	17/03/2010	-	Active	NO
7	U74899DL1995PTC073683	LUXOR WRITING INSTRUMENTS PRIVATE LIMITED	Director	30/09/2011	01/04/2011	-	Active	NO

Name :

Mr. Pankaj Jain

Designation :

Director

Address :

D-19, Nizamuddin (East), New Delhi – 110013, India

Date of Birth/Age :

13.04.1971

Qualification :

B.A.

Experience :

17 Years

Date of Appointment :

09.10.2009

DIN No. :

00055373

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	U74899DL1995PTC073683	LUXOR WRITING INSTRUMENTS PRIVATE LIMITED	Director	15/03/1996	15/03/1996	-	Active	NO
2	U72200DL2000PTC104496	LUXOR INFOTECH PRIVATE LIMITED	Director	16/03/2000	16/03/2000	-	Active	NO
3	U64203DL2001PLC113346	NEW GENERATION NETWORKS LIMITED	Director	30/09/2006	15/10/2005	30/09/2008	Active	NO
4	U70109DL2006PTC149303	HAWKS TOWN PLANNERS PRIVATE LIMITED	Director	29/09/2007	03/07/2006	-	Active	NO
5	U41000DL2007PTC163653	LUXOR AQUA PRIVATE LIMITED	Director	18/05/2007	18/05/2007	-	Active	NO
6	U45201DL2005PTC138745	LUXOR CYBER CITY PRIVATE LIMITED	Director	30/09/2010	08/10/2009	-	Active	NO
7	U74140DL2009PTC195033	LUXOR NANO TECHNOLOGY PRIVATE LIMITED	Director	09/10/2009	09/10/2009	-	Active	NO

KEY EXECUTIVES

Name :	Mr. M. Reza Kazemi
Designation :	Scientist
Name :	Mr. A.K. Srivastav
Designation :	Country Head
Name :	Mr. Sunil Duggal
Designation :	Executive - VP

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 19.09.2013

Names of Shareholders	No. of Shares
Davinder Kumar Jain	80000
Pankaj Jain	15000
Usha Jain	5000
Total	100000

As on 19.09.2013

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 :

Developing and Marketing of Nano Technology based Cleaning Products.

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

Axis Bank Limited, 2^nd Floor, Statesman House, 148, Barakhamba Road, New Delhi - 110001, India

Facilities :

SECURED LOANS	31.03.2013 (Rs. In Millions)	31.03.2012 (Rs. In Millions)
LONG TERM BORROWINGS
From Banks
Corporate Loan	108.783	0.000
Secured against hypothecation of vehicles	1.624	2.207
SHORT TERM BORROWINGS
Working capital limits	39.573	0.000
Corporate loan payable within 12 months	7.500	0.000
Vehicle loans payable within 12 months	0.583	0.523
Total	158.063	2.730

Banking Relations :	--
Auditors :
Name :	Sanjay Kalra Chartered Accountant
Address :	24 (Basement), Manak Vihar, I . P. Extn, Delhi – 110092, India
Tel. No. :	91-11-22151632/ 22142850
E-Mail :	skalra4@gmail.com
Income-tax PAN of auditor or auditor's firm :	AATPK1847J
Vendors/ Other Associates where key managerial personnel or their relatives have significant interest :	· Luxor Pen Company Sair Sports Industry Luxor Writing Instruments Private Limited Ideal Hi Tech Engineering Equipment Private Limited JHPL Holdings Private Limited

CAPITAL STRUCTURE

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
250,000	Equity Shares	Rs.10/- each	Rs. 2.500 Millions

Issued, Subscribed & Paid-up Capital :

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

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	1.000	1.000	1.000
(b) Reserves & Surplus	8.444	(0.151)	(0.116)
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	118.500	92.800	34.010
Total Shareholders’ Funds (1) + (2)	127.944	93.649	34.894
(3) Non-Current Liabilities
(a) long-term borrowings	155.007	27.207	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	3.500	2.720	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	158.507	29.927	0.000
(4) Current Liabilities
(a) Short term borrowings	47.656	0.523	0.000
(b) Trade payables	10.827	10.499	0.444
(c) Other current liabilities	6.953	2.173	0.586
(d) Short-term provisions	1.075	0.430	0.000
Total Current Liabilities (4)	66.511	13.625	1.030
TOTAL	352.962	137.201	35.924
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	25.799	17.750	9.277
(ii) Intangible Assets	240.134	73.599	22.821
(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)	12.757	0.341	0.000
(d) Long-term Loan and Advances	0.480	0.666	0.381
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	279.170	92.356	32.479
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	57.793	26.167	1.723
(c) Trade receivables	7.888	3.291	0.029
(d) Cash and cash equivalents	1.257	0.128	0.202
(e) Short-term loans and advances	6.854	15.259	1.491
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	73.792	44.845	3.445
TOTAL	352.962	137.201	35.924

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	71.434	10.680	0.037
		Other Income	0.000	0.000	0.000
		TOTAL (A)	71.434	10.680	0.037
Less	EXPENSES
		Cost of raw material and components consumed	36.857	17.071	0.003
		(Increase)/ Decrease in inventories of finished goods and work in progress	(24.889)	(14.186)	0.015
		Employee benefit expenses	20.810	2.964	0.081
		Other expenses	38.680	4.658	0.012
		TOTAL (B)	71.458	10.507	0.111
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		(0.024)	0.173	(0.074)
Less	FINANCIAL EXPENSES (D)		2.791	0.275	0.014
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		(2.815)	(0.102)	(0.088)
Less/ Add	DEPRECIATION/ AMORTISATION (F)		1.006	0.274	0.008
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		(3.821)	(0.376)	(0.096)
Less	TAX (H)		(12.415)	(0.341)	0.000
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		8.594	(0.035)	(0.096)
	IMPORTS
		Raw Materials, Components and Finished Goods	7.983	9.633	0.623
		Capital Goods	0.000	0.000	0.366
	TOTAL IMPORTS		7.983	9.633	0.9897
	Earnings / (Loss) Per Share (Rs.)		85.94	(0.35)	(0.96)

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	12.03	(0.33)	(259.46)
Net Profit Margin (PBT/Sales)	(%)	(5.35)	(3.52)	(259.46)
Return on Total Assets (PBT/Total Assets}	(%)	(1.12)	(0.27)	(0.27)
Return on Investment (ROI) (PBT/Networth)		(0.03)	0.00	0.00
Debt Equity Ratio (Total Debt/Networth)		1.58	0.30	0.00
Current Ratio (Current Asset/Current Liability)		1.11	3.29	3.34

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	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10393979	26/08/2013 *	250,000,000.00	AXIS BANK LIMITED	2ND FLOOR, STATESMAN HOUSE, 148, BARAKHAMBA ROAD, NEW DELHI - 110001, INDIA	B83608265

* Date of charge modification

UNSECURED LOANS

PARTICULAR	31.03.2013 (Rs. In Millions)	31.03.2012 (Rs. In Millions)
LONG TERM BORROWINGS
Inter Corporate deposits	44.600	25.000
Total	44.600	25.000

FIXED ASSETS

v Tangible Assets

Air and Conditioner

Cars

Computer

Electrical Fan and Fittings

EPBAX

Furniture and Fixtures

Generator

Lab Equipments

Mobile

Mould

Office Equipments

Plant and Machinery

Refrigerator

Water Cooler

Water Tubewell

Washing Machine

Improvement in Leasehold Property

v Intangible Assets

Expenditure Awaiting

Capitalisation

Preliminary Expenses

Product Development Expenses

Product Launching Expenses

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.102.48
Euro	1	Rs.85.28

INFORMATION DETAILS

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	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--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		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.