MIRA INFORM REPORT

IDENTIFICATION DETAILS

Name :	ANGEL INDIA CAD CAM PRIVATE LIMITED

Country :	India

Financials (as on) :	31.03.2013

TAN No.: [Tax Deduction & Collection Account No.]	DELA20666C

Legal Form :	Private Limited Liability Company

No. of Employees :	100 (Approximately)

BUSINESS DETAILS

Line of Business :	Manufacturer, Trader and Importer of Laser Cutting Machine, Laser Marketing Machine.

Products :	Laser Cutting Laser Marking Laser Engraver CNC Router Laser 3D Subsurface Solar Cell Scribing Laser Welder Cutting Plotter Flatbed Cutting Plotter Solvent Printer UV Printer Plasma Cutting Machine Flatbed Printer Scanners Die Board Cutting Machine

Imports :
Products :	Laser Cutting Machine, Laser Marketing Machine.
Countries :	· Japan · Taiwan · Korea · China · Hongkong

Terms :
Selling :	Cash / L/C / Credit

Purchasing :	Cash / L/C / Credit

GENERAL INFORMATION

Customers :

Wholesalers and Retailers

No. of Employees :

100 (Approximately)

Bankers :

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

· HSBC Bank, Rohtak Road Branch

Facilities :

(Rs. In Millions)

Unsecured Loan	As on 31.03.2013	As on 31.03.2012
Short Term Borrowing
Gigabyte Networks	0.000	0.500
Mithelesh Sharma	1.500	1.500
PPM Tripathi	2.100	2.100
Sarita Washwa	0.500	0.000
Barclays Finance	1.941	2.807
Business Loan – Bajaj Finance	0.000	1.026
Business Loan – Dhanalaxmi Bank	0.466	2.130
Business Loan – Standerd Chartered	0.446	1.734
Kotak Car Loan – Honda City	0.409	0.659
Kotak Car Loan – Verna	0.301	0.528
Total	7.663	12.984


Banking Relations :	---

Auditors :
Name :	DPM and Associates Chartered Accountants
Address :	37/3 Double Storey Ashok Nagar, New Delhi – 110018, India
Mobile No.:	91-9212049757 / 9999291020
E-Mail :	skgognaca@gmail.com
PAN No.:	AFJPG8586M

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 26.09.2013

Names of Shareholders		No. of Shares
Anil Kumar Miglani		30000
Jugmohan Miglani		35000
Monika Miglani		5000

Total		70000

Equity Share Break up (Percentage of Total Equity)

As on 26.09.2013

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

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	0.700	0.700	0.500
(b) Reserves & Surplus	5.913	4.311	1.884
(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)	6.613	5.011	2.384

(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.010
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	0.000	0.000	0.010

(4) Current Liabilities
(a) Short term borrowings	7.663	12.984	4.100
(b) Trade payables	31.075	10.330	2.569
(c) Other current liabilities	0.000	0.000	0.000
(d) Short-term provisions	28.441	10.279	1.836
Total Current Liabilities (4)	67.179	33.593	8.505

TOTAL	73.792	38.604	10.899

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	5.470	5.766	0.167
(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)	0.025	0.001	0.000
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	5.495	5.767	0.167

(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	9.640	8.630	0.056
(c) Trade receivables	51.356	16.690	5.975
(d) Cash and cash equivalents	2.282	3.157	0.483
(e) Short-term loans and advances	4.968	4.307	4.207
(f) Other current assets	0.051	0.053	0.011
Total Current Assets	68.297	32.837	10.732

TOTAL	73.792	38.604	10.899

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	250.000 (Approximatly)	190.000 (Approximatly)
		Other Income	NA	NA
		TOTAL	NA	NA	109.785

Less	EXPENSES
		Office Expenses
		Administrative Expenses	NA	NA	108.654
		Advertising Expenses
		TOTAL	NA	NA	108.654

	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		2.941	1.891	1.131

Less/ Add	DEPRECIATION/ AMORTISATION		0.475	0.412	0.041

	PROFIT / (LOSS) BEFORE TAX		2.466	1.479	1.090

Less	TAX		0.864	0.457	0.347

	PROFIT / (LOSS) AFTER TAX		1.602	1.022	0.743

	Earnings / (Loss) Per Share (Rs.)		22.89	14.60	14.86

Particulars

31.03.2014

Sales Turnover

250.000

The above information has been parted by Mr. Anil Kumar Miglani

LOCAL AGENCY FURTHER INFORMATION

Note:

The registered office of the company has been shifted from 672, Lig Hastal, Uttam Nagar, New Delhi-110059, India to present address

RATING & COMMENTS

MIRA’s Rating :

B (34)

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

RBI DEFAULTERS’ LIST STATUS

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

LOCATIONS

Registered Office / Corporate Office :	J-21 Udyog Nagar, Rohtak Road, Nangloi, New Delhi-110041, India
Tel. No.:	91-11-25487071/25487072/25487073/43397100/43397174
Mobile No.:	91-9810493987 (Mr. Anil Kumar Miglani)
Fax No.:	91-11-25487074/25487073
E-Mail :	skgogna@rediffmail.com angelindiaimpex@gmail.com info@angelindiaimpex.com
Location :	Owned

Branch Office :	Located At : Ahmedabad Hyderabad Ludhiana Bangalore Lucknow Mumbai

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.