1. Summary Information

		Country	India
Company Name	ANAND NVH PRODUCTS PRIVATE LIMITED	Principal Name 1	Mr. Bhupinder Singh Anand
Status	Satisfactory	Principal Name 2	Mr. Kanwar Deep Anand
		Registration #	55-031984
Street Address	F-3/5, Vasant Vihar, New Delhi - 110057
Established Date	07.06.1988	SIC Code	--
Telephone#	Not Available	Business Style 1	Manufacturer
Fax #	Not Available	Business Style 2	Exporter
Homepage	www.anandnvh.com	Product Name 1	Rubber to metal bonded automotive components
# of employees	Information declined by the management	Product Name 2	--
Paid up capital	Rs.12,400,000/-	Product Name 3	--
Shareholders		Banking	HDFC Bank Limited
Public Limited Corp.	NO	Business Period	26 Years
IPO	NO	International Ins.	-
Public Enterprise	NO	Rating	Ba (48)
Relation	Country	Company Name	CEO
Enterprises where influence/control exist	India	Kromex International Private Limited,	--
Note

2. Summary Financial Statement

Balance Sheet as of	31.03.2013		(Unit: Indian Rs.)
Assets		Liabilities
Current Assets	468,451,000	Current Liabilities	277,383,000
Inventories	417,097,000	Long-term Liabilities	651,181,000
Fixed Assets	447,344,000	Other Liabilities	35,397,000
Deferred Assets	0,000	Total Liabilities	963,961,000
Invest& other Assets	165,000	Retained Earnings	356,696,000
		Net Worth	369,096,000
Total Assets	1,333,057,000	Total Liab. & Equity	1,333,057,000
Total Assets (Previous Year)	1,205,074,000
P/L Statement as of	31.03.2013		(Unit: Indian Rs.)
Turnover	1,727,341,000	Net Profit	127,587,000
Turnover (Previous yr)	1,483,702,000	Net Profit(Prev.yr)	118,062,000

MIRA INFORM REPORT

Report Date :

07.03.2014

IDENTIFICATION DETAILS

Name :	ANAND NVH PRODUCTS PRIVATE LIMITED
Formerly Known As :	AMP MOULDING PRIVATE LIMITED
Registered Office :	F-3/5, Vasant Vihar, New Delhi - 110057
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	07.06.1988
Com. Reg. No.:	55-031984
Capital Investment / Paid-up Capital :	Rs.12.400 Millions
CIN No.: [Company Identification No.]	U74899DL1988PTC031984
TAN No.: [Tax Deduction & Collection Account No.]	DELA12466G
PAN No.: [Permanent Account No.]	AAECA0297J
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and exporter of Rubber to metal bonded automotive components.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

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

Maximum Credit Limit :	USD 1500000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. The company has achieved decent profitability from its operation during the financial year 2013. Trade relations are fair. Business is active. Payment terms are reported to be usually correct. The company can be considered for business dealing at usual trade 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 – 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.

INFORMATION DECLINED

MANAGEMENT NON – COOPERATIVE (91-124-4030580)

LOCATIONS

Registered Office :	F-3/5, Vasant Vihar, New Delhi – 110057, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	accounts@anandnvh.com info@anandnvh.com
Website :	www.anandnvh.com
Factory :	39 KM Stone, N H – 8, Begumpur Khatola Industrial Area, Sector 35, Gurgaon - 122001, Haryana, India
Tel. No.:	91-124-24030580 to 84
Fax No.:	91-124-24030585/ 24030586
E-Mail :	anp@vsnl.net kanand@anandnvh.com
Delhi Office :	‘Anbros House’, 25/31 East Patel Nagar, New Delhi – 110 008, Delhi, India
Tel. No.:	91-11-41698397
E-Mail :	kromex@vsnl.com

DIRECTORS

As on 27.09.2013

Name :

Mr. Bhupinder Singh Anand

Designation :

Director

Address :

H 5/2, Model Town, New Delhi – 110009, India

Date of Birth/Age :

09.08.1943

Date of Appointment :

06.01.1997

DIN No.:

00025211

PAN No.:

AAJPA1189R

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	U74899DL1988PTC031984	ANAND NVH PRODUCTS PRIVATE LIMITED	Director	06/01/1997	06/01/1997	-	Active	NO
2	U25199DL1998PTC097260	ANAND MOTOR PRODUCTS PRIVATE LIMITED	Director	10/12/2010	01/12/1998	-	Active	NO
3	U50300DL1999PTC099730	AMP OVERSEAS PRIVATE LIMITED	Director	12/05/1999	12/05/1999	-	Active	NO
4	U70101DL2005PTC139332	BRIGHTDAY PROPERTIES PRIVATE LIMITED	Director	06/06/2006	06/06/2006	12/12/2007	Active	NO
5	U34300DL1997PTC090934	KROMEX INTERNATIONAL PRIVATE LIMITED	Director	01/04/2007	01/04/2007	-	Active	NO
6	U25200DL2008PTC175179	ZF ANAND NVH PRODUCTS PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
7	U34103DL2009PTC195418	AMP MOTORS PRIVATE LIMITED	Additional director	24/10/2009	24/10/2009	-	Active	NO
8	U70109DL2012PTC231927	AMP INFRATECH PRIVATE LIMITED	Director	23/02/2012	23/02/2012	-	Active	NO
9	U50401DL2012PTC233933	AMP BESPOKE PRIVATE LIMITED	Director	02/04/2012	02/04/2012	-	Active	NO
10	U74899DL1994PTC057283	SAI SAHIBA PRIVATE LIMITED	Additional director	23/04/2013	23/04/2013	-	Active	NO
11	U70102DL2014PTC263040	ADOBE PROPERTIES PRIVATE LIMITED	Director	03/01/2014	03/01/2014	-	Active	NO

Name :

Mr. Kanwar Deep Anand

Designation :

Director

Address :

H 5/2, Model Town, New Delhi – 110009, India

Date of Birth/Age :

04.08.1972

Date of Appointment :

06.01.1997

DIN No.:

00025235

PAN No.:

AAEPA8811H

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	U74899DL1988PTC031984	ANAND NVH PRODUCTS PRIVATE LIMITED	Director	06/01/1997	06/01/1997	-	Active	NO
2	U34300DL1997PTC090934	KROMEX INTERNATIONAL PRIVATE LIMITED	Director	02/12/1997	02/12/1997	-	Active	NO
3	U25199DL1998PTC097260	ANAND MOTOR PRODUCTS PRIVATE LIMITED	Director	01/12/1998	01/12/1998	10/09/2008	Active	NO
4	U50300DL1999PTC099730	AMP OVERSEAS PRIVATE LIMITED	Director	12/05/1999	12/05/1999	-	Active	NO
5	U25199DL2003PTC119110	ANAND INDUSTRIAL PRODUCTS PRIVATE LIMITED	Director	24/02/2003	24/02/2003	-	Active	NO
6	U70101DL2005PTC139332	BRIGHTDAY PROPERTIES PRIVATE LIMITED	Director	06/06/2006	06/06/2006	12/12/2007	Active	NO
7	U28910DL2006PTC157193	LEGEND PRECISION SCREWS PRIVATE LIMITED	Director	09/02/2007	09/02/2007	-	Active	NO
8	U51502DL2007PTC163634	K. S. AUTOMOTIVE PRIVATE LIMITED	Director	18/05/2007	18/05/2007	-	Active	NO
9	U25209DL2007PTC163646	SKA AUTOMOTIVE PRIVATE LIMITED	Director	18/05/2007	18/05/2007	-	Active	NO
10	U72300DL2008PTC172842	PRERNA COMPUSOFT PRIVATE LIMITED	Director	18/01/2008	18/01/2008	-	Strike off	NO
11	U45200DL2007PTC171694	GREENLAND INFRATECH PRIVATE LIMITED	Director	18/01/2008	18/01/2008	-	Strike off	NO
12	U25200DL2008PTC175179	ZF ANAND NVH PRODUCTS PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
13	U45400DL2008PTC175123	K S INFOTECH PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
14	U74120DL2008PTC175505	KSSHP INFORMATION TECHNOLOGIES PRIVATE LIMITED	Director	18/03/2008	18/03/2008	-	Active	NO
15	U74899DL1994PTC057283	SAI SAHIBA PRIVATE LIMITED	Additional director	23/04/2013	23/04/2013	-	Active	NO

Name :

Mr. Savneet Anand

Designation :

Director

Address :

H 5/2, Model Town, New Delhi – 110009, India

Date of Birth/Age :

27.12.1971

Date of Appointment :

01.04.2003

DIN No.:

00208319

PAN No.:

AAJPA6913F

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	U34300DL1997PTC090934	KROMEX INTERNATIONAL PRIVATE LIMITED	Director	01/12/1997	01/12/1997	-	Active	NO
2	U74899DL1988PTC031984	ANAND NVH PRODUCTS PRIVATE LIMITED	Director	01/04/2003	01/04/2003	-	Active	NO
3	U25199DL2003PTC119110	ANAND INDUSTRIAL PRODUCTS PRIVATE LIMITED	Director	08/04/2005	08/04/2005	-	Active	NO
4	U45201DL2005PTC135958	NIAMAT ESTATES PRIVATE LIMITED	Director	09/05/2005	09/05/2005	-	Active	NO
5	U70101DL2005PTC139332	BRIGHTDAY PROPERTIES PRIVATE LIMITED	Director	06/06/2006	06/06/2006	12/12/2007	Active	NO
6	U28910DL2006PTC157193	LEGEND PRECISION SCREWS PRIVATE LIMITED	Director	09/02/2007	09/02/2007	02/09/2011	Active	NO
7	U51502DL2007PTC163634	K. S. AUTOMOTIVE PRIVATE LIMITED	Director	18/05/2007	18/05/2007	-	Active	NO
8	U25209DL2007PTC163646	SKA AUTOMOTIVE PRIVATE LIMITED	Director	18/05/2007	18/05/2007	-	Active	NO
9	U25200DL2008PTC175179	ZF ANAND NVH PRODUCTS PRIVATE LIMITED	Director	13/03/2008	13/03/2008	-	Active	NO
10	U74899DL1994PTC057283	SAI SAHIBA PRIVATE LIMITED	Additional director	23/04/2013	23/04/2013	-	Active	NO

Name :

Mr. Inderjeet Kaur Anand

Designation :

Additional director

Address :

H 5/2, Model Town, New Delhi – 110009, India

Date of Birth/Age :

15.08.1947

Date of Appointment :

01.04.2012

DIN No.:

00236639

PAN No.:

ABUPA7992C

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	U34300DL1997PTC090934	KROMEX INTERNATIONAL PRIVATE LIMITED	Director	01/12/1997	01/12/1997	-	Active	NO
2	U45202DL2003PTC118741	R.B. FARMS AND ESTATES PRIVATE LIMITED	Director	31/01/2003	31/01/2003	-	Active	NO
3	U74899DL1988PTC031984	ANAND NVH PRODUCTS PRIVATE LIMITED	Additional director	01/04/2012	08/04/2005	-	Active	NO
4	U25199DL2003PTC119110	ANAND INDUSTRIAL PRODUCTS PRIVATE LIMITED	Director	08/04/2005	08/04/2005	-	Active	NO
5	U45201DL2005PTC135958	NIAMAT ESTATES PRIVATE LIMITED	Director	09/05/2005	09/05/2005	-	Active	NO
6	U70101DL2005PTC139332	BRIGHTDAY PROPERTIES PRIVATE LIMITED	Director	06/06/2006	06/06/2006	12/12/2007	Active	NO
7	U25199DL1998PTC097260	ANAND MOTOR PRODUCTS PRIVATE LIMITED	Additional director	03/11/2008	03/11/2008	-	Active	NO
8	U34103DL2009PTC195418	AMP MOTORS PRIVATE LIMITED	Additional director	24/10/2009	24/10/2009	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 27.09.2013

Names of Shareholders	No. of Shares	% age
Bhupinder Singh Anand	50020	40.34
Inderjeet Kaur Anand	5100	4.11
Kanwar Deep Anand	44680	36.03
Savneet Anand	200	0.16
Kromex International Private Limited, India	24000	19.35
Total	124000	100.00

Equity Share Break up (Percentage of Total Equity)

As on 27.09.2013

Category	Percentage
Bodies corporate	19.35
Directors or relatives of Directors	80.65
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and exporter of Rubber to metal bonded automotive components.
Products :	Strut Mounts Transmission Mounts Conventional Engine Mounts Body and Chassis Mounts Bellows and Bushings Drive Line and Suspension Bushings Hydraulic Engine Mounts

GENERAL INFORMATION

Customer:

· Audi

· Magna

· Maruti Suzuki

· Ford

· Volvo

· Shanghai GM

· Sona

· TRW

· BMW

No. of Employees :

Information declined by the management

Bankers :

· HDFC Bank Limited, HDFC Bank House Senapati Bapat Marg, Lower Parel West, Mumbai - 400013, Maharashtra, India

· Yes Bank Limited, Nehru Center, 9th Floor, Discovery Of India, Dr A B Road, Worli, Mumbai - 400018, Maharashtra, India

· Syndicate Bank, I P Estate, 4,Bsz Marg, New Delhi - 110002, Delhi, India

Facilities :

Secured Loan	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Long-term Borrowings
Rupee term loans from banks	400.786	204.292
Loans taken for fixed assets	4.470	6.648
Short-term borrowings
Working capital loans from banks	179.725	178.195
Total	584.981	389.135

Banking Relations :	--
Auditors :
Name :	S. P. Nagrath and Company Chartered Accountants
Address :	A-380, Defence Colony
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFS6635B
Enterprises where influence/control exist:	· Kromex International Private Limited, India [U34300DL1997PTC090934] · ZF Anand Nvh Products Private Limited, India [U25200DL2008PTC175179] · Anand Motor Products Private Limited, India [U25199DL1998PTC097260] · Niamat Estates Private Limited, India [U45201DL2005PTC135958] · Amp Motors Private Limited, India [U34103DL2009PTC195418] · Anand Industrial Products Private Limited, India [U25199DL2003PTC119110]

CAPITAL STRUCTURE

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
190000	Equity Shares	Rs.100/- each	Rs. 19.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
124000	Equity Shares	Rs.100/- each	Rs. 12.400 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	12.400	12.400	12.400
(b) Reserves & Surplus	356.696	387.636	269.574
(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)	369.096	400.036	281.974
(3) Non-Current Liabilities
(a) long-term borrowings	405.256	210.941	85.474
(b) Deferred tax liabilities (Net)	19.339	21.862	15.418
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	4.806	9.878	5.661
Total Non-current Liabilities (3)	429.401	242.681	106.553
(4) Current Liabilities
(a) Short term borrowings	245.925	181.533	144.400
(b) Trade payables	164.560	209.665	216.625
(c) Other current liabilities	112.823	152.446	54.560
(d) Short-term provisions	11.252	18.713	6.699
Total Current Liabilities (4)	534.560	562.357	422.284
TOTAL	1333.057	1205.074	810.811
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	445.215	252.172	206.458
(ii) Intangible Assets	2.129	0.692	0.680
(iii) Capital work-in-progress	0.165	19.816	6.172
(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	3.816	15.015	29.561
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	451.325	287.695	242.871
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	417.097	343.830	248.656
(c) Trade receivables	171.919	198.313	120.199
(d) Cash and cash equivalents	139.876	140.977	64.612
(e) Short-term loans and advances	152.840	234.259	134.473
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	881.732	917.379	567.940
TOTAL	1333.057	1205.074	810.811

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Turnover	1727.341	1483.702	886.512
		Other Income	NA	NA	NA
		TOTAL (A)	NA	NA	NA
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL (B)	NA	NA	NA
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		277.209	244.164	124.039
Less	FINANCIAL EXPENSES (D)		51.115	42.405	35.557
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		226.094	201.759	88.482
Less/ Add	DEPRECIATION/ AMORTISATION (F)		38.477	31.638	25.451
	PROFIT BEFORE TAX (E-F) (G)		187.617	170.121	63.031
Less	TAX (H)		60.030	52.059	16.980
	PROFIT AFTER TAX (G-H) (I)		127.587	118.062	46.051
	Earnings Per Share (Rs.)		1028.93	NA	NA

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Return on Total Assets (PBT/Total Assets}	(%)	14.08	14.35	7.83
Return on Investment (ROI) (PBT/Networth)		0.51	0.43	0.22
Debt Equity Ratio (Total Debt /Networth)		1.76	0.98	0.82
Current Ratio (Current Asset/Current Liability)		1.65	1.63	1.34

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	12.400	12.400	12.400
Reserves & Surplus	269.574	387.636	356.696
Net worth	281.974	400.036	369.096
long-term borrowings	85.474	210.941	405.256
Short term borrowings	144.400	181.533	245.925
Total borrowings	229.874	392.474	651.181
Debt/Equity ratio	0.815	0.981	1.764

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)
Turnover	886.512	1483.702	1727.341
		67.364	16.421

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Turnover	886.512	1483.702	1727.341
Profit	46.051	118.062	127.587
	5.19%	7.96%	7.39%

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	Yes
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

NOTE:

The Registered office of the company has been shifted from 2686 Kashmere Gate, New Delhi – 110006, Delhi, India to the present address w.e.f 01.02.2011.

OPERATIONS

The performance of the company has improved as compared to last year. Gross turnover of the Company has increased by 17.50%. Efforts are being made towards better resource utilization, credit control policies and improvement in the sales mix. The Company is constantly innovating its approach towards delivering customer satisfaction, increasing operational effectiveness and putting in its best effort to keep abreast with the latest development in the market.

BACKGROUND

Subject has established manufacturing facilities at Gurgaon in 2002 for international markets. The Company primarily is a manufacturer and exporter of Rubber to metal bonded automotive components and operates as a 100% Export Oriented Unit (100% EOU).From financial year 2010-11 onwards, the Company has started selling goods in domestic market also to the extent permitted as per Foreign Trade Policy.

UNSECURED LOAN

PARTICULARS	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Short-term borrowings
Loans and advances from directors	66.200	1.338
Loans and advances from others	0.000	2.000
Total	66.200	3.338

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10440040	18/04/2013	200,000,000.00	YES BANK LIMITED	NEHRU CENTER, 9TH FLOOR, DISCOVERY OF INDIA, DR A B ROAD, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA	B78211430
2	10277224	24/06/2013 *	752,700,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA	B78130853

* Date of charge modification

CONTINGENT LIABILITIES: (As on 31.03.2013)

Other money for which company is contingently liable: Rs.125.934 Millions against Foreign Bills Discounted from Banks (Previous year Rs.134.010 Millions ).

FIXED ASSETS

Tangible assets

· Land

· Buildings

· Plant and equipment

· Furniture and fixtures

· Office equipment

· Computer equipments

· Vehicles

Intangible assets

· Computer software

· Copyrights

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.61.32
UK Pound	1	Rs.102.54
Euro	1	Rs.84.19

INFORMATION DETAILS

Information Gathered by :	NYA
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	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILIRY	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		48

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.