MIRA INFORM REPORT

Report Date :

11.07.2014

IDENTIFICATION DETAILS

Name :	MARTOPEARL ALLOYS PRIVATE LIMITED
Registered Office :	Rajaprasaadamu, 6^th Floor, North East Side on Northwing, Plot No.6A and 6B, Sy No.186 and 187 Part, Kondapur, Hyderabad – 500084, Telangana
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	30.04.1985
Com. Reg. No.:	01-005484
Capital Investment / Paid-up Capital :	Rs.16.700 Millions
CIN No.: [Company Identification No.]	U27310TG1985PTC005484
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturing and Trading of a superior quality range of Steel and Alloy Steel Casting.
No. of Employees :	Information denied by management

RATING & COMMENTS

MIRA’s Rating :

B (31)

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

Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. Rating reflects moderate financial risk profile due to low profitability. 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 – March 31, 2014

Country Name	Previous Rating (31.12.2013)	Current Rating (31.03.2014)
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

N E W S

The economy grew 4.7 %in 2013/14, marking a second straight year of sub-5 % growth – the worst slowdown in more than a quarter of a century. The data was below an official estimate of 4.9 % annual growth and compared with 4.5 % in the last fiscal year. However, the current account deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic product, in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year before.A sharp fall in gold imports due to restrictions on overseas purchases and muted import of capital goods helped shrink the current account deficit.

Online retailer Flipkart has acquired fashion portal Myntra as it prepares to battle with the rapidly expanding India arm of the global e-commerce giant Amazon. The company raised $ 210 million from Russian Investment firm DST Global which has also invested in companies like Facebook, Twitter and Alibaba Group.

General Motors will start exporting vehicles from its Talegaon plant near Pune in the second half of 2014. GM was one of the few global carmakers that was using its India plant only for the domestic market.

Google has overtaken Apple as the world’s top brand in terms of value, according to global market research agency Millward Brown. Google’s brand value shot up 40 % in a year to $ 158.84 billion. The top 10 of the 100 slots were dominated by US companies.

Infosys lost another heavy weight when B G Srinivas, a board member put in his papers. He is the third CEO-hopeful to quit after Chairman N R Narayana Murthy’s return to the company – Ashok Vemuri and V Balakrishnan being the other two.While Vemuri went on to lead IGate, Balakrishnan joined politics.

Naresh Goyal – promoted Jet Airways posted biggest quarterly loss – Rs 2153.37 crore – in the three months ended March 31, mainly because it has been offering discounts to passengers to fill planes.

William S Pinckney – Chairman and CEO of Amway India was arrested by the Andhra Pradesh Police in connection with a complaint against the direct selling firm. This is the second time that he has been taken into custody. A year, ago the Kerala Police had arrested Pinckney and two company directors on charges of financial irregularities.

China has told its state-owned enterprises to sever links with American consulting firms after the United States charged five Chinese military officers wih hacking US companies. China’s action which targets consultancies like McKinsey & Co. and the Boston Consulting Group, sterns from fears that the first are providing trade secrets to the US governments.

India has emerged as a country with some of the highest unregistered businesses in the world. Indonesia has the maximum number of shadow businesses, says a study of 68 countries by Imperial College Business School in London.

Pfizer has abandoned its attempt to buy AstraZeneca for nearly $ 118 billion after the latter refused an offer of 55 pounds a share.

EXTERNAL AGENCY RATING

Rating Agency Name	ICRA
Rating	Cash Credit=B+
Rating Explanation	Risk prone credit quality and very credit risk.
Date	April, 2013

Rating Agency Name	ICRA
Rating	Letter of Credit=A4
Rating Explanation	Minimal degree of safety and very high credit risk.
Date	April, 2013

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

INFORMATION DENIED BY

Name :	Mr. Prashanth
Designation :	Commercial Manager
Contact No.:	91-8455-240230
Date :	08.07.2014

LOCATIONS

Registered Office :	Rajaprasaadamu, 6^th Floor, North East Side on Northwing, Plot No.6A and 6B, Sy No.186 and 187 Part, Kondapur, Hyderabad – 500084, Telangana, India
Tel. No.:	91-8455-240230
Fax No.:	91-8455-242658
E-Mail :	hyddins@gmail.com
Regional Office :	Plot No.17, Phase IV, IDA, Patancheruvu, Medak District, Hyderabad – 502319, Telangana, India

DIRECTORS

AS ON 29.09.2012

Name :

Mr. Gopal Nemani

Designation :

Additional Director

Address :

Plot No.21, Radhi Nagar Colony, HS Darga, Golkanda, Hyderabad – 500008, Telangana, India

Date of Birth/Age :

10.10.1953

Date of Appointment :

07.02.2009

DIN No.:

02466535

Name :

Mr. Rajyalakshmi Motaparti

Designation :

Director

Address :

Plot No.918, Road No.47, Jubilee Hills, Hyderabad – 500033, Telangana, India

Date of Birth/Age :

21.05.1951

Date of Appointment :

10.01.2001

DIN No.:

00343848

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	U27310TG1985PTC005484	MARTOPEARL ALLOYS PVT LTD	Director	10/01/2001	10/01/2001	-	Active	NO
2	U52100TG1996PTC025467	VOLTA IMPEX PRIVATE LIMITED	Managing director	01/04/2008	24/07/2002	-	Active	NO
3	U26942AP2002PTC039450	TOSHALI CEMENTS PRIVATE LIMITED	Managing director	10/05/2003	10/05/2003	-	Active	NO
4	U70102AP2004PTC042974	VOLTA ESTATES PRIVATE LIMITED	Director	31/03/2004	31/03/2004	-	Active	NO
5	U01119AP2004PTC043724	ROMITHA FLORITECH PRIVATE LIMITED	Director	22/07/2004	22/07/2004	-	Active	NO
6	U18101AP2004PTC044124	VOLTA FASHIONS PRIVATE LIMITED	Director	09/09/2004	09/09/2004	-	Active	NO
7	U92111TG1956PTC001139	SRI SARATHI STUDIOS PRIVATE LIMITED	Director	29/09/2006	29/09/2006	-	Active	NO
8	U72200TG2003PLC041856	MEZZEQUITY SOFTWARE SERVICES LIMITED	Director	29/09/2006	29/09/2006	-	Active	NO
9	U70200TG2006PTC051398	PRIDHVI EDIFICES PRIVATE LIMITED	Director	13/10/2006	13/10/2006	-	Active	NO
10	U74210AP1972PTC001524	PAPER ENGINEERING SERVICES PVT LTD	Director	02/04/2007	02/04/2007	-	Active	NO
11	U24110TG1985PTC005825	VINYL CHEMICALS PRIVATE LIMITED	Additional director	29/01/2008	29/01/2008	05/07/2008	Active	NO
12	U24110TG1995PLC020126	VISHWAJIT CHEMICALS LIMITED	Additional director	29/01/2008	29/01/2008	05/07/2008	Amalgamated	NO
13	U27100TG2008PTC058346	DUCCAN ALLOY CASTINGS PRIVATE LIMITED	Director	26/03/2008	26/03/2008	-	Strike off	NO
14	U63022AP2004PTC042693	MUNERU INDUSTRIES PRIVATE LIMITED	Director	06/08/2008	06/08/2008	-	Active	NO
15	U29253TG2010PTC069864	DUCCAN ALLOY CASTINGS (I) PRIVATE LIMITED	Director	06/08/2010	06/08/2010	-	Active	NO
16	U45201KA2010PTC056136	Windsor Edifices Private Limited	Director	03/12/2010	03/12/2010	-	Active	NO
17	U26950TG2011PTC074244	PRAKRUTHI CEMENTS PRIVATE LIMITED	Director	03/05/2011	03/05/2011	-	Active	NO
18	U45400TG2012PTC078440	ARNAV EDIFICES PRIVATE LIMITED	Director	06/01/2012	06/01/2012	-	Active	NO
19	U14290TG2012PTC079932	VOLTA GRANITES PRIVATE LIMITED	Director	26/03/2012	26/03/2012	-	Active	NO
20	U40300TG2014PTC092848	ALTEN POWER PRIVATE LIMITED	Director	07/02/2014	07/02/2014	-	Active	NO

Name :

Mr. Siva Rama Vara Prasad Motaparti

Designation :

Director

Address :

Plot No.918, Road No.47, Jubilee Hills, Hyderabad – 500033, Telangana, India

Date of Birth/Age :

15.05.1948

Date of Appointment :

10.01.2001

DIN No.:

00170919

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	U27310TG1985PTC005484	MARTOPEARL ALLOYS PVT LTD	Director	10/01/2001	10/01/2001	-	Active	NO
2	U65910TG1996PLC023310	HERITAGE FINLEASE LIMITED	Director	23/03/2002	23/03/2002	31/03/2012	Active	NO
3	U26942AP2002PTC039450	TOSHALI CEMENTS PRIVATE LIMITED	Director	10/05/2003	10/05/2003	-	Active	NO
4	U70102AP2004PTC042974	VOLTA ESTATES PRIVATE LIMITED	Director	31/03/2004	31/03/2004	-	Active	NO
5	U18101AP2004PTC044124	VOLTA FASHIONS PRIVATE LIMITED	Director	09/09/2004	09/09/2004	-	Active	NO
6	U52100TG1996PTC025467	VOLTA IMPEX PRIVATE LIMITED	Director	01/04/2008	01/04/2006	-	Active	NO
7	U74210TG2006PTC050902	DESIGN TRIBE (INDIA) PRIVATE LIMITED.	Director	14/08/2006	14/08/2006	-	Active	NO
8	U92111TG1956PTC001139	SRI SARATHI STUDIOS PRIVATE LIMITED	Director	29/09/2006	29/09/2006	-	Active	NO
9	U72200TG2003PLC041856	MEZZEQUITY SOFTWARE SERVICES LIMITED	Director	29/09/2006	29/09/2006	-	Active	NO
10	U67120TG2007PLC053327	PRIDHVI ASSET RECONSTRUCTION AND SECURITISATION COMPANY LIMITED	Director	29/03/2007	29/03/2007	-	Active	NO
11	U74210AP1972PTC001524	PAPER ENGINEERING SERVICES PVT LTD	Director	02/04/2007	02/04/2007	-	Active	NO
12	U72200TG2007FTC054351	KeyPoint Technologies (India) Private Limited	Director	07/06/2007	07/06/2007	-	Active	NO
13	U27100TG2008PTC058346	DUCCAN ALLOY CASTINGS PRIVATE LIMITED	Director	26/03/2008	26/03/2008	-	Strike off	NO
14	U45200TG2010PTC066730	VIRINCHI INFRATECH PRIVATE LIMITED	Director	20/01/2010	20/01/2010	-	Active	NO
15	U29253TG2010PTC069864	DUCCAN ALLOY CASTINGS (I) PRIVATE LIMITED	Director	06/08/2010	06/08/2010	-	Active	NO
16	U45201KA2010PTC056136	Windsor Edifices Private Limited	Director	03/12/2010	03/12/2010	-	Active	NO
17	U26950TG2011PTC074244	PRAKRUTHI CEMENTS PRIVATE LIMITED	Director	03/05/2011	03/05/2011	-	Active	NO
18	U34200TG2011PLC074442	DECCAN AUTO LIMITED	Director	12/05/2011	12/05/2011	-	Active	NO
19	U67190AP2012PLC078661	TOUCHSTONE EQUITIES LIMITED	Director	19/01/2012	19/01/2012	-	Active	NO
20	U72200TG2012PTC082782	BITCHEMY VENTURES PRIVATE LIMITED	Director	30/08/2012	30/08/2012	-	Active	NO
21	U72200TG2013PTC089287	ALTIUX INNOVATIONS PRIVATE LIMITED	Director	01/08/2013	01/08/2013	-	Active	NO
22	U72900TG2013PTC090429	CAFYNE SOFTWARE TECHNOLOGIES PRIVATE LIMITED	Director	09/10/2013	09/10/2013	-	Active	NO
23	U40300TG2014PTC092848	ALTEN POWER PRIVATE LIMITED	Director	07/02/2014	07/02/2014	-	Active	NO
24	U52100TG2014PTC093830	SHOPALO RETAIL PRIVATE LIMITED	Director	27/03/2014	27/03/2014	-	Active	NO

Name :

Mr. Subhas Chandra Bose Venigalla

Designation :

Director

Address :

Flat No.D2, Satya Sai Apartments Kamalapuri Colony, Hyderabad – 500073, Telangana, India

Date of Birth/Age :

25.08.1948

Date of Appointment :

10.01.2001

DIN No.:

00353729

Other Directorship:

S. No.	CIN/LLPIN	Name of the Company/ LLP	Current designation of the Director/ Designated Partner	Date of appointment at current designation	Original date of appointment	Company/ LLP Status	Defaulting status
1	U27310TG1985PTC005484	MARTOPEARL ALLOYS PVT LTD	Director	10/01/2001	10/01/2001	Active	NO
2	U26942AP2002PTC039450	TOSHALI CEMENTS PRIVATE LIMITED	Director	10/05/2003	10/05/2003	Active	NO
3	U63022AP2004PTC042693	MUNERU INDUSTRIES PRIVATE LIMITED	Director	10/03/2004	10/03/2004	Active	NO
4	U70102AP2004PTC042974	VOLTA ESTATES PRIVATE LIMITED	Director	23/08/2004	23/08/2004	Active	NO
5	U52100TG1996PTC025467	VOLTA IMPEX PRIVATE LIMITED	Director	24/07/2005	24/07/2005	Active	NO
6	U70200TG2006PTC051398	PRIDHVI EDIFICES PRIVATE LIMITED	Director	13/10/2006	13/10/2006	Active	NO
7	U24110TG1995PLC020126	VISHWAJIT CHEMICALS LIMITED	Director	29/09/2008	05/07/2008	Amalgamated	NO
8	U24110TG1985PTC005825	VINYL CHEMICALS PRIVATE LIMITED	Director	24/09/2008	05/07/2008	Active	NO
9	U01119AP2004PTC043724	ROMITHA FLORITECH PRIVATE LIMITED	Director	09/03/2009	09/03/2009	Active	NO
10	L27203KL1946PLC000057	ALUMINIUM INDUSTRIES LTD	Director	28/02/2014	28/02/2014	Active	NO
11	U40300TG2014PTC092848	ALTEN POWER PRIVATE LIMITED	Additional director	29/04/2014	29/04/2014	Active	NO

KEY EXECUTIVES

Name :	Mr. Prashanth
Designation :	Commercial Manager

MAJOR SHAREHOLDERS

AS ON 29.09.2012

Names of Shareholders	No. of Shares	% of Holding
Rajyalakshmi Motaparti	50000	29.94
Siva Rama Vara Prasad Motaparti	57000	34.13
M Rohit Prasad	30000	17.96
M Sunil Prasad	30000	17.96
Total	167000	100.00

Equity Share Break up (Percentage of Total Equity)

AS ON 29.09.2012

Category	Percentage
Directors or relatives of Directors	100.00

BUSINESS DETAILS

Line of Business :

Manufacturing and Trading of a superior quality range of Steel and Alloy Steel Casting.

GENERAL INFORMATION

No. of Employees :

Information denied by management

Bankers :

State Bank of India, SIB Saifabad Branch, Haca Bhavan, Saifabad, Hyderabad – 500004, Telangana, India

Facilities :

SECURED LOANS	31.03.2013 Rs. In Millions	31.03.2012 Rs. In Millions
Long Term Borrowings
Rupee Term Loans from Banks	0.000	6.000
Working Capital Loans from Banks	0.000	29.484
Total	0.000	35.484

Banking Relations :	--
Auditors :
Name :	Venkatappaiah and Company Chartered Accountants
Address :	A2, Harika Nest MIG 53/1, K P H B Road, No.1, Phase.1, Hyderabad – 500072, Telangana, India
PAN No.:	AAGFV3015L
Enterprises where key management personnel exercise significant influence :	· Volta lmpex Private Limited · Toshali Cements Private Limited · Duccan Alloy Castings India Private Limited

CAPITAL STRUCTURE

AS ON 29.09.2012

Authorised Capital :

No. of Shares	Type	Value	Amount
175000	Equity Shares	Rs.100/- each	Rs.17.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
167000	Equity Shares	Rs.100/- each	Rs.16.700 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	16.700	16.700	16.700
(b) Reserves & Surplus	25.306	23.713	24.191
(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)	42.006	40.413	40.891
(3) Non-Current Liabilities
(a) long-term borrowings	41.025	47.405	52.121
(b) Deferred tax liabilities (Net)	0.000	0.000	1.519
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.100	0.238	0.238
Total Non-current Liabilities (3)	41.125	47.643	53.878
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	100.562	79.797	54.610
(c) Other current liabilities	35.955	35.484	37.142
(d) Short-term provisions	6.663	4.457	5.042
Total Current Liabilities (4)	143.180	119.738	96.794
TOTAL	226.311	207.794	191.563
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	65.248	72.657	79.688
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.928	0.698	0.000
(d) Long-term Loan and Advances	8.452	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	74.628	73.355	79.688
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	63.920	40.768	44.200
(c) Trade receivables	78.230	78.627	53.467
(d) Cash and cash equivalents	0.070	0.009	0.051
(e) Short-term loans and advances	9.463	15.035	14.157
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	151.683	134.439	111.875
TOTAL	226.311	207.794	191.563

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	306.100	326.156	292.447
		Other Income	1.592	0.857	0.562
		TOTAL (A)	307.692	327.013	293.009
Less	EXPENSES
		Cost of Materials Consumed	160.527	170.144	151.136
		Changes in Inventories	(23.692)	(0.941)	(5.994)
		Employee Benefits Expenses	22.652	22.268	21.181
		Other Expenses	130.939	122.087	113.955
		Prior Period Items	0.030	0.000	0.077
		TOTAL (B)	290.456	313.558	280.355
Less	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		17.236	13.455	12.654
Less	FINANCIAL EXPENSES (D)		7.163	7.949	7.189
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		10.073	5.506	5.465
Less	DEPRECIATION/ AMORTISATION (F)		8.312	8.200	7.916
	PROFIT/(LOSS) BEFORE TAX (E-F) (G)		1.761	(2.694)	(2.451)
Less	TAX (H)		0.199	(2.217)	0.539
	PROFIT/(LOSS) AFTER TAX (G-H) (I)		1.562	(0.477)	(2.990)
	Earnings Per Share (Rs.)		9.53	NA	NA

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	0.51	(0.15)	(1.02)
Net Profit Margin (PBT/Sales)	(%)	0.58	(0.83)	(0.84)
Return on Total Assets (PBT/Total Assets}	(%)	0.78	(1.30)	(1.28)
Return on Investment (ROI) (PBT/Networth)		0.04	(0.07)	(0.06)
Debt Equity Ratio (Total Debt /Networth)		0.98	1.17	1.27
Current Ratio (Current Asset/Current Liability)		1.06	1.12	1.16

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Share Capital	16.700	16.700	16.700
Reserves & Surplus	24.191	23.713	25.306
Net worth	40.891	40.413	42.006
long-term borrowings	52.121	47.405	41.025
Short term borrowings	0.000	0.000	0.000
Total borrowings	52.121	47.405	41.025
Debt/Equity ratio	1.275	1.173	0.977

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	292.447	326.156	306.100
		11.527	(6.149)

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	Rs. In Millions	Rs. In Millions	Rs. In Millions
Sales	292.447	326.156	306.100
Profit	(2.990)	(0.477)	1.562
	(1.02%)	(0.15%)	0.51%

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	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	-----------
14]	Estimation for coming financial year	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	Yes

NOTE: Registered office address of the company has been shifted from Plot No.123/3^rd, Ground Floor, S. R. Nagar, Hyderabad – 500038, Telangana, India to the present registered address w.e.f. 01.01.2014

UNSECURED LOANS:

Particulars	31.03.2013 Rs. In Millions	31.03.2012 Rs. In Millions
Long Term Borrowings
Loans from Directors	41.025	41.025
Total	41.025	41.025

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10232974	16/07/2010	757,000.00	STATE BANK OF INDIA	SIB SAIFABAD BRANCH, HACA BHAWAN, SAIFABAD, HYDERABAD, ANDHRA PRADESH - 500004, INDIA	A91390500
2	90127918	01/07/2008 *	87,500,000.00	STATE BANK OF INDIA	SAIFABAD SIB BRANCH, HACA BHAVAN, SAIFABAD, HYDERABAD, ANDHRA PRADESH - 500004, INDIA	A43581214
3	90129580	02/03/2000 *	13,500,000.00	STATE BANK OF INDIA	S.I.B. SAIFABAD BRANCH, HACA BHAWAN, HYDERABAD, ANDHRA PRADESH - 500004, INDIA	-
4	90125912	27/02/1996	722,000.00	A.P. STATE FINANCIAL CORPORATION	SANGAREDDY, SANGAREDDY, ANDHRA PRADESH, INDIA	-
5	90127590	29/12/1994	120,000.00	STATE BANK OF INDIA	BALKAMPET BRANCH, HYDERABAD, ANDHRA PRADESH, INDIA	-
6	90127400	28/10/1988	1,880,000.00	A.P. STATE FINANCIAL CORPORATION	CHIRAG ALI LANE, HYDERABAD, ANDHRA PRADESH, INDIA	-
7	90127301	21/11/1990 *	1,450,000.00	STATE BANK OF INDIA	BALKAMPET BRANCH, HYDERABAD, ANDHRA PRADESH, INDIA	-
8	90124865	20/01/1986	1,950,000.00	A.P. STATE FINANCIAL CORPORATION	CHIRAG ALI LANE, HYDERABAD, ANDHRA PRADESH, INDIA	-
9	90124856	09/07/1985	1,275,000.00	A.P. STATE FINANCIAL CORPORATION	CHIRAG ALI LANE, HYDERABAD, ANDHRA PRADESH, INDIA	-

*Date of modification Charges

FIXED ASSETS:

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

· Office 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.59.88
UK Pound	1	Rs.102.59
Euro	1	Rs.81.69

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	SUM
Report Prepared by :	NKT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	4
--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		31

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.