MIRA INFORM REPORT

Report Date :

08.01.2014

IDENTIFICATION DETAILS

Name :	SJP GLOBAL LIMITED
Registered Office :	111, Shri Jamuna Dham, Goverdhan Road, Mathura – 281004, Uttar Pradesh
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	23.04.2010
Com. Reg. No.:	20-040335
Capital Investment / Paid-up Capital :	Rs.287.750 Millions
CIN No.: [Company Identification No.]	U70102UP2010PLC040335
TAN No.: [Tax Deduction & Collection Account No.]	AGRS14492C
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in the business of promotion, construction, development of integrated townships, residential and commercial complexes.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B (32)

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

Maximum Credit Limit :	USD 2000000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. Reserves of the company appears to be low. However, the company has achieved better profitability during the financial year 2013. However, trade relations are fair. Business is active. Payment terms are slow but correct. The company can be considered for business dealing 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, 2013

Country Name	Previous Rating (30.06.2013)	Current Rating (30.09.2013)
India	A1	A1

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

INDIAN ECONOMIC OVERVIEW

India’s current account deficit narrowed in the quarter ended September as government measures to curb imports, especially gold, kicked in.  The current account deficit, the excess of a country’s imports of goods and services over exports, narrowed to $ 5.2 billion from $ 21 billion in the year ago period, according to provisional Reserve Bank of India data. Finance Minister P. Chidambaram said the CAD for the year will be less than $ 60 billion or 3 per cent of GDP and the latest data suggests the government may achieve the target.

India was ranked 94^th among the world’s most corrupt nations list. Denmark and New Zealand topped as the cleanest while Somalia emerged as the most corrupt.

India’s services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction, according the HSBC survey.

$53 million estimated losses suffered by India due to phishing attacks during the third quarter, according to a study by RSA. India ranks fourth in the list of nations hit by phishing attacks. The US remained at the top of the charts. Phishing is the process of acquiring information such as user names, passwords and credit card details by sending e-mails disguised as official mails.

Rs.4080 million worth of mobile-phone-based transactions by July 2013 compared to Rs.260 million in September, 2012, according to Deloitte report. The number of transactions has shot up from 94000 to 701000.

India aims to earn Rs.400000 million from the bandwidth auction set for January. The merger and acquisition guidelines, cleared by a group of ministers, will be out before the auction begins so that players can make informed decisions on the auctions.

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 :	111, Shri Jamuna Dham, Goverdhan Road, Mathura – 281004, Uttar Pradesh, India
Tel. No.:	91-565-2425038
Fax No.:	91-565-2425051
E-Mail :	cs@shrigroup.net

DIRECTORS

As on 30.09.2013

Name :

Mr. Pradeep Kumar Agrawal

Designation :

Managing director

Address :

H. No. 82, Jamuna Dham, Mathura - 281001, Uttar Pradesh, India

Date of Birth/Age :

29.10.1961

Date of Appointment :

01.06.2012

PAN No.:

AAWPA0567A

DIN No.:

00430335

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	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Managing director	01/06/2011	21/06/1997	-	Amalgamated	NO
2	U45400UP2008PLC035004	S J P RESIDENCY CONSORTIUM LIMITED	Director	15/04/2008	15/04/2008	-	Active	NO
3	U70100UP2007PTC039596	KRT REAL ESTATES PRIVATE LIMITED	Director	15/09/2009	05/09/2008	31/03/2010	Active	NO
4	U45201UP2008PLC036495	SJP REAL ESTATE DEVELOPERS LIMITED	Director	23/12/2008	23/12/2008	-	Active	NO
5	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Managing director	01/06/2012	23/04/2010	-	Active	NO
6	U70102UP2010PLC041520	SJP INFRACON LIMITED	Director	29/07/2010	29/07/2010	-	Active	NO
7	U70102UP2012PTC053213	DECENT BUILDWELL PRIVATE LIMITED	Director	22/10/2012	22/10/2012	-	Active	NO
8	U70102UP2012PTC053434	PRASU INFRABUILD PRIVATE LIMITED	Director	05/11/2012	05/11/2012	-	Active	NO

Name :

Mr. Sudeep Kumar Agrawal

Designation :

Whole-time director

Address :

H. No. 82, Jamuna Dham, Mathura - 281001, Uttar Pradesh, India

Date of Birth/Age :

04.12.1965

Date of Appointment :

29.09.2012

DIN No.:

00430356

PAN No.:

AAWPA0566B

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	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Whole-time director	01/06/2011	31/03/2004	-	Amalgamated	NO
2	U45400UP2008PLC035004	S J P RESIDENCY CONSORTIUM LIMITED	Director	15/04/2008	15/04/2008	-	Active	NO
3	U70100UP2007PTC039596	KRT REAL ESTATES PRIVATE LIMITED	Director	15/09/2009	05/09/2008	-	Active	NO
4	U45201UP2008PLC036495	SJP REAL ESTATE DEVELOPERS LIMITED	Director	23/12/2008	23/12/2008	-	Active	NO
5	U51909UP2004PTC044661	SRP BUILDWELL PRIVATE LIMITED	Director	20/09/2010	09/01/2010	-	Active	NO
6	U70102UP2010PLC041520	SJP INFRACON LIMITED	Director	29/07/2010	29/07/2010	-	Active	NO
7	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Whole-time director	29/09/2012	01/06/2012	-	Active	NO

Name :

Alka Rani Agrawal

Designation :

Director

Address :

H. No. 82, Jamuna Dham, Mathura - 281001, Uttar Pradesh, India

Date of Birth/Age :

11.10.1969

Qualification:

Graduate

Date of Appointment :

29.09.2012

DIN No.:

00430370

PAN No.:

AAWPA0569Q

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	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Whole-time director	01/06/2011	31/03/2004	-	Amalgamated	NO
2	U45400UP2008PLC035004	S J P RESIDENCY CONSORTIUM LIMITED	Director	15/04/2008	15/04/2008	-	Active	NO
3	U70100UP2007PTC039596	KRT REAL ESTATES PRIVATE LIMITED	Director	15/09/2009	05/09/2008	-	Active	NO
4	U45201UP2008PLC036495	SJP REAL ESTATE DEVELOPERS LIMITED	Director	23/12/2008	23/12/2008	-	Active	NO
5	U51909UP2004PTC044661	SRP BUILDWELL PRIVATE LIMITED	Director	20/09/2010	09/01/2010	-	Active	NO
6	U70102UP2010PLC041520	SJP INFRACON LIMITED	Director	29/07/2010	29/07/2010	-	Active	NO
7	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Whole-time director	29/09/2012	01/06/2012	-	Active	NO

Name :

Mr. Ram Agrawal

Designation :

Whole-time director

Address :

13, Jai Shri Colony, Shahganj Darwaza, Mathura - 281001, Uttar Pradesh, India

Date of Birth/Age :

01.10.1972

Date of Appointment :

01.05.2013

DIN No.:

01913459

PAN No.:

ACWPA9032A

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	U74899DL1992PTC048612	DHOLPUR OILS FOODS PROCESSING PRIVATE LIMITED	Director	01/01/2005	01/01/2005	-	Active	NO
2	U74999UP2005PTC029592	SHRI JEE MEGAMART PRIVATE LIMITED	Director	15/05/2006	15/05/2006	21/03/2007	Active	NO
3	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Director	24/09/2008	26/11/2007	-	Amalgamated	NO
4	U65991WB2005PTC106005	AMBER VANIJYA PRIVATE LIMITED	Director	14/02/2008	14/02/2008	-	Active	NO
5	U70102UP2007PTC038275	RKV REAL ESTATES PRIVATE LIMITED	Director	05/09/2008	26/05/2008	-	Active	NO
6	U70100UP2007PTC039596	KRT REAL ESTATES PRIVATE LIMITED	Director	15/09/2009	05/09/2008	-	Active	NO
7	U51909UP2004PTC044661	SRP BUILDWELL PRIVATE LIMITED	Director	20/09/2010	16/09/2009	-	Active	NO
8	U70109UP2007PTC038290	RH REAL ESTATES PRIVATE LIMITED	Director	18/09/2010	20/02/2010	-	Active	NO
9	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Whole-time director	01/05/2013	23/04/2010	-	Active	NO
10	U55204UP2007PTC038276	SJP HOTELS &RESORTS PRIVATE LIMITED	Director	29/09/2012	21/03/2012	-	Active	NO
11	U70102UP2010PLC041520	SJP INFRACON LIMITED	Director	29/09/2012	29/09/2012	-	Active	NO
12	U70102UP2012PTC053213	DECENT BUILDWELL PRIVATE LIMITED	Director	17/08/2013	09/04/2013	-	Active	NO
13	U70102UP2012PTC053434	PRASU INFRABUILD PRIVATE LIMITED	Director	17/08/2013	09/04/2013	-	Active	NO

Name :

Mr. Suresh Chand Kaushik

Designation :

Whole-time director

Address :

12-B, Geeta Enclave, Krishna Nagar, Mathura - 281001, Uttar Pradesh, India

Date of Birth/Age :

01.04.1957

Date of Appointment :

01.05.2013

DIN No.:

00989436

PAN No.:

ABTPK9737A

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	U51909MH2002PTC135372	SAMYAK COMMERCIALS PRIVATE LIMITED	Director	31/01/2003	31/01/2003	28/08/2008	Active	NO
2	U70100UP1995PTC059579	ELLORA HOUSING AND DEVELOPMENT PRIVATE LIMITED	Director	18/02/2003	18/02/2003	-	Active	NO
3	U72200UP2003PTC027867	RENUSHKA INFOTECH PRIVATE LIMITED	Director	10/09/2003	10/09/2003	-	Strike off	NO
4	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Director	24/09/2008	26/11/2007	-	Amalgamated	NO
5	U51109WB2005PTC104851	DAMINI VANIJYA PRIVATE LIMITED	Director	14/02/2008	14/02/2008	-	Active	NO
6	U51909UP2004PTC044661	SRP BUILDWELL PRIVATE LIMITED	Director	20/09/2010	09/01/2010	-	Active	NO
7	U51109WB2007PTC113215	BISHNU BARTER PRIVATE LIMITED	Director	16/03/2010	16/03/2010	-	Active	NO
8	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Whole-time director	01/05/2013	23/04/2010	-	Active	NO
9	U70102UP2010PLC041520	SJP INFRACON LIMITED	Director	29/07/2010	29/07/2010	-	Active	NO
10	U70102UP2012PTC053213	DECENT BUILDWELL PRIVATE LIMITED	Director	22/10/2012	22/10/2012	-	Active	NO
11	U70102UP2012PTC053434	PRASU INFRABUILD PRIVATE LIMITED	Director	05/11/2012	05/11/2012	-	Active	NO

Name :

Mr. Surender Kumar Jolly

Designation :

Director

Address :

A-30, East of Kailash, New Delhi-110065, India

Date of Birth/Age :

10.07.1944

Qualification:

Graduate

Date of Appointment :

29.09.2012

DIN No.:

02103079

PAN No.:

AAGPJ8531P

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	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Director	24/09/2008	18/03/2008	-	Amalgamated	NO
2	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Director	29/09/2012	01/06/2012	-	Active	NO

Name :

Mr. Vinod kumar Chaturvedi

Designation :

Director

Address :

B- 5/202, Mangal Nagar, Yari Road, Andheri West, Mumbai - 400061, Maharashtra, India

Date of Birth/Age :

01.08.1965

Qualification:

Graduate

Date of Appointment :

29.09.2012

DIN No.:

00325197

PAN No.:

AAAPC4940P

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	L01100MH1996PLC100380	USHER AGRO LIMITED	Managing director	05/09/2008	30/12/2000	-	Active	NO
2	U40102MH2007PLC172552	USHER ECO POWER LIMITED	Managing director	25/06/2008	20/07/2007	-	Active	NO
3	U65944MH1992PTC066289	VEDIKA FINANCE PVT LTD	Director	30/09/2008	21/10/2007	-	Active	NO
4	U67100MH2008PTC177327	NARAYANI NIVESH NIGAM PRIVATE LIMITED	Director	04/01/2008	04/01/2008	-	Active	NO
5	U15400MH2008PLC179155	USHER OILS AND FOODS LIMITED	Director	20/02/2008	20/02/2008	-	Active	NO
6	U63000MH2008PLC179148	USHER INFRA LOGIC LIMITED	Director	20/02/2008	20/02/2008	-	Active	NO
7	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Director	24/09/2008	18/03/2008	-	Amalgamated	NO
8	U67190MH2008PLC181733	USHER CAPITALS LIMITED	Director	24/06/2008	29/04/2008	-	Active	NO
9	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Director	29/09/2012	01/06/2012	-	Active	NO

Name :

Mr. Baij Nath Mittal

Designation :

Director

Address :

A-501, Pawittra Apartment 12, Vasundhra Enclave, Delhi-110096, India

Date of Birth/Age :

05.07.1946

Qualification:

Graduate

Date of Appointment :

29.09.2012

DIN No.:

02099043

PAN No.:

AAXPM1096M

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	U72300UP1994PLC017271	SJP REAL ESTATE LIMITED	Director	24/09/2008	18/03/2008	-	Amalgamated	NO
2	L27202GJ1962PLC040548	JHAGADIA COPPER LIMITED	Additional director	12/12/2008	12/12/2008	31/12/2008	Active	NO
3	U27201DL1993PLC056070	TDT COPPER LIMITED	Director	29/09/2009	30/06/2009	17/09/2013	Active	NO
4	U72900DL2001PTC112863	AURAM NETWEB SOLUTIONS PRIVATE LIMITED	Director	01/02/2011	01/02/2011	02/05/2011	Active	NO
5	U70102UP2010PLC040335	SJP GLOBAL LIMITED	Director	29/09/2012	01/06/2012	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Pawan Agrawal
Designation :	Secretary
Address :	367/1-A, Sabzi Mandi, Sadar Bazar, Mathura-281001, Uttar Pradesh, India
Date of Birth/Age :	28.06.1980
Date of Appointment :	14.05.2012
PAN No.:	AGPPA1920Q

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2013

Names of Shareholders (Equity Shares)	No. of Shares
Pradeep Kumar Agrawal	2046000
Sudeep Kumar Agrawal	2061600
Alka Rani Agrawal	505020
Ram Agrawal	400000
Suresh Chand Kaushik	425000
Sangeeta Rani Agrawal	503100
Pradeep Kumar Agrawal karta of Pradeep Kumar Agrawal HUF	220100
Ananya Agrawal	297000
Pradeep Kumar Agrawal karta of Jamuna Prasad Pradeep Kumar HUF	80000
Sudeep Kumar Agrawal karta of Jamuna Prasad Sudeep Kumar HUF	80000
Shekhar Agrawal	596500
Pradeep Kumar Agrawal karta of Pradeep Kumar Sudeep Kumar HUF	125680
Radha Rani Agrawal	500000
Sudeep Kumar Agrawal karta of Sudeep Kumar Agrawal HUF	190000
Pradeep Kumar Agrawal karta of Jamuna Prasad Agrawal HUF	200000
Aman Agrawal	20000
Tanya Agrawal	280000
Amber Vanijya Private Limited	2610000
Damini Vanijya Private Limited	2880000
Kv Real Estates Private Limited	980000
Bishnu Barter Private Limited	1375000
Total	16375000

Names of Shareholders (Preference Shares)	No. of Shares
SJP Residency Consortium Limited	1240000
Total	1240000

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2013

Category	Percentage
Bodies corporate	47.91
Directors or relatives of Directors	52.09
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the business of promotion, construction, development of integrated townships, residential and commercial complexes.

GENERAL INFORMATION

No. of Employees :

Not Available

Bankers :

· Oriental Bank of Commerce, Tilak Dwar, Mathura - 281001, Uttar Pradesh, India

· Central Bank of India, Krishna Nagar Branch, Mathura - 281004, Uttar Pradesh, India

Facilities :

Secured Loan	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Long-term Borrowings
Rupee term loans from banks	35.073	100.000
Other loans and advances	2.673	0.221
Total	37.746	100.221

Banking Relations :	--
Auditors :
Name :	P L Tandon and Company Chartered Accountants
Address :	37/17 1st Floor, West Cott Building, The Mall, Kanpur, Uttar Pradesh, India
PAN N Income-tax PAN of auditor or auditor's firm :	ACKPB8101H
Subsidiary company:	· SJP Infracon Limited, India CIN: U70102UP2010PLC041520 · SRP Buildwell Private Limited, India CIN: U51909UP2004PTC044661 · SJP Real Estate Developers Limited, India CIN: U45201UP2008PLC036495 · RKV Real Estates Private Limited, India CIN: U70102UP2007PTC038275 · RH Real Estates Private Limited , India CIN: U70109UP2007PTC038290 · SJP Hotels and Resorts Private Limited, India CIN: U55204UP2007PTC038276
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives:	· S J P Residency Consortium Limited, India · CIN: U45400UP2008PLC035004

CAPITAL STRUCTURE

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
17000000	Equity Shares	Rs.10/- each	Rs. 170.000 Millions
1500000	Preference Shares	Rs.100/- each	Rs. 150.000 Millions
			Rs. 320.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
16375000	Equity Shares	Rs.10/- each	Rs. 163.750 Millions
1240000	Preference Shares	Rs.100/- each	Rs. 124.000 Millions
			Rs. 287.750 Millions

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	287.750	287.750	5.000
(b) Reserves & Surplus	203.472	180.682	8.463
(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)	491.222	468.432	13.463
(3) Non-Current Liabilities
(a) long-term borrowings	57.246	126.971	0.841
(b) Deferred tax liabilities (Net)	0.0000	0.000	0.000
(c) Other long term liabilities	68.350	54.287	14.458
(d) long-term provisions	1.226	0.874	0.100
Total Non-current Liabilities (3)	126.822	182.132	15.399
(4) Current Liabilities
(a) Short term borrowings	96.386	46.975	236.117
(b) Trade payables	284.824	93.445	59.653
(c) Other current liabilities	874.824	565.083	244.724
(d) Short-term provisions	10.034	8.242	0.770
Total Current Liabilities (4)	1266.068	713.745	541.264
TOTAL	1884.112	1364.309	570.126
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	20.756	20.277	6.006
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	2.740	2.740	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	97.175	97.175	0.025
(c) Deferred tax assets (net)	0.388	0.799	0.273
(d) Long-term Loan and Advances	2.824	2.197	1.667
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	123.883	123.188	7.971
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1607.179	1041.093	506.412
(c) Trade receivables	24.657	67.160	0.900
(d) Cash and cash equivalents	50.304	40.514	2.625
(e) Short-term loans and advances	78.089	92.354	52.218
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	1760.229	1241.121	562.155
TOTAL	1884.112	1364.309	570.126

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	626.683	647.462	286.247
		Other Income	2.971	5.379	0.324
		TOTAL (A)	629.654	652.841	286.571
Less	EXPENSES
		Cost of materials consumed	513.834	527.146	228.981
		Employee benefit expense	18.89	17.919	5.178
		Other expenses	32.847	43.476	16.564
		TOTAL (B)	565.571	588.541	250.723
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		64.083	64.300	35.848
Less	FINANCIAL EXPENSES (D)		18.416	25.069	20.970
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		45.667	39.231	14.878
Less/ Add	DEPRECIATION/ AMORTISATION (F)		4.925	4.827	1.817
	PROFIT BEFORE TAX (E-F) (G)		40.742	34.404	13.061
Less	TAX (H)		15.050	12.081	4.598
	PROFIT AFTER TAX (G-H) (I)		25.692	22.323	8.462
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		180.681	8.462	0.000
	TRANSFERRED ON AMALGAMATION		0.000	152.778	0.000
Less	APPROPRIATIONS
		Preference sharers dividend and Tax on Dividend	2.901	2.882	0.000
	BALANCE CARRIED TO THE B/S		203.472	180.681	8.462
	Earnings Per Share (Rs.)		1.46	NA	NA

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	40.08	3.42	2.95
Net Profit Margin (PBT/Sales)	(%)	6.50	5.31	4.56
Return on Total Assets (PBT/Total Assets}	(%)	2.28	2.72	2.29
Return on Investment (ROI) (PBT/Networth)		0.08	0.07	0.97
Debt Equity Ratio (Total Debt /Networth)		0.31	0.37	17.60
Current Ratio (Current Asset/Current Liability)		1.39	1.74	1.04

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	No

UNSECURED LOAN

PARTICULARS	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Long-term Borrowings
Deposits from others	19.500	26.750
Short-term borrowings
Loans and advances from related parties	5.360	27.428
Other loans and advances	91.026	19.547
Total	115.886	73.725

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10407755	06/02/2013	28,125,000.00	ORIENTAL BANK OF COMMERCE	TILAK DWAR, MATHURA, UTTAR PRADESH - 281001, INDIA	B69519171
2	10317341	20/10/2011	513,453,100.00	ORIENTAL BANK OF COMMERCE	TILAK DWAR, HOLI GATE, MATHURA, UTTAR PRADESH - 281001, INDIA	B25185828
3	10310463	16/09/2011	195,000,000.00	CENTRAL BANK OF INDIA	KRISHNA NAGAR BRANCH, MATHURA, UTTAR PRADESH - 281004, INDIA	B22659502

FIXED ASSETS

Tangible assets

· Buildings

· Plant and equipment

· Furniture and fixtures

· Vehicles

· Office equipment

· Computer equipments

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.62.38
UK Pound	1	Rs.102.25
Euro	1	Rs.84.97

INFORMATION DETAILS

Report Prepared by :

KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	3
--RESERVES	1~10	2
--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		32

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.