MIRA INFORM REPORT

Report Date :

08.05.2014

IDENTIFICATION DETAILS

Name :	C L GUPTA EXPORTS LIMITED
Registered Office :	B-82, Gulmohar Park, New Delhi - 110049
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	10.03.2004
Com. Reg. No.:	55-125090
Capital Investment / Paid-up Capital :	Rs. 100.000 Millions
CIN No.: [Company Identification No.]	U74999DL2004PLC125090
PAN No.: [Permanent Account No.]	AACCG0992J
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer and Exporter of Wooden, Metal, Glass, Handicraft Items.
No. of Employees :	2500 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (43)

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

Maximum Credit Limit :	USD 2289000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. The company is progressing well. Trade relations are reported to be fair. Business is active. Payment terms are reported to be slow but correct. The company can be considered normal for business dealings 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 – 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

US investment bank Goldman Sachs  has upgraded its outlook on Indian markets as it expects positive impact of the election cycle.

India’s economy may grow 4.7 % in the current financial year, lower than the official estimate of 4.9 %, Fitch Rating said. The global rating agency expects the economy to pick up in the next two financial years.

Global ratings agency Standard & Poor said increasing focus by India Inc on lowering debt is likely to improve their credit profiles.

Singapore (1.1 million Indian tourists in 2012), Thailand (one million), the United Arab Emirates ().98 million) and Malaysia ().82 million) emerged as the preferred holidays hotspots for Indians. The total figure is expected to increase to 1.93 million by 2017, according to the latest Eurmonitor international report.

There is a $29.34 bn outward foreign direct investment by domestic companies between April and January of 2013/14 which has seen some signs of recovery according to a Care Ratings report.

There are 264 number of new companies being set up every day on average during 2014. Most of them are registered in Mumbai. India had 1.38 million registered companies at the end of January, 2014.

Twitter like messaging service Weibo Corporation has filed to raise $ 500 million via a US initial public offering. Alibaba, which owns a stake in Weibo is expected to raise about $ 15 billion New York this year in the highest profile Internet IPO since Facebook’s in 2012.

Bharti Airtel has raised Rs.2,453.2 crore (350 million Swiss Francs) by selling six-year bonds at a coupon rate of three per cent and maturing in 2020. This is the largest ever bond offering by an Indian company in Swiss Francs. Bharat Petroleum Corporation raised 175 million Swiss Francs by selling five year bonds at 2.98 % coupon rate in February.

Indian Oil Corporation plans to invest Rs 7650 crore in setting up a petrochemical complex at its almost complete Paradip refinery in Odhisha in three to four years. The company board is set to consider the setting up of a 700000 tonne per annum polypropylene plant at an estimated cost at Rs.3150 crore.

Global chief information officers at gathering in Bangalore in April to meet Indian startups at an event called Tech50 Watchout for Little Eye Labs-Facebook type deals in the making.

EXTERNAL AGENCY RATING

Rating Agency Name	CARE
Rating	Long term Bank facilities : BBB-
Rating Explanation	Have moderate degree of safety and carry moderate credit risk.
Date	October 8, 2013

Rating Agency Name	CARE
Rating	Short term Bank facilities : A3
Rating Explanation	Have moderate degree of safety and carry higher credit risk.
Date	October 8, 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 PARTED BY

Name :	Mr. Pankaj Agarwal
Designation :	General Manager
Contact No.:	91-9837557776

LOCATIONS

Registered Office :	B-82, Gulmohar Park, New Delhi – 110049, India
Tel. No.:	Not Available
Mobile No.:	91-9837557776 (Mr. Pankaj Agarwal)
Fax No.:	Not Available
E-Mail :	mitali@clgupta.com mail@clgupta.com
Website :	http://www.clgupta.com
Area :	200 Sq. ft
Location :	Owned
Factory :	18 Km. Stone, Delhi Road, Village Jivai, Jyotibaphule Nagar – 244221, Uttar Pradesh, India
Tel. No.:	91-591-2477000-500
Fax No.:	91-591-2477300
E-Mail :	info@clgupta.com
Area :	50 Acres
Location :	Owned

DIRECTORS

AS ON 19.08.2013

Name :

Mr. Raghav Chandra Gupta

Designation :

Managing director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

23.06.1961

Date of Appointment :

01.05.2012

PAN No.:

ADWPG0847Q

DIN No.:

00054551

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	U74899DL1980PTC010330	GREEN PARK CONSTRUCTIONS (DELHI) PRIVATE LIMITED	Director	22/02/2000	22/02/2000	Active	NO
2	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Managing director	01/05/2012	10/03/2004	Active	NO
3	U74999DL2004PTC131313	RELIABLE BUYING HOUSE AND DESIGNS PRIVATE LIMITED	Director	16/12/2004	16/12/2004	Active	NO
4	U45200DL2006PTC154911	CLG REAL ESTATES PRIVATE LIMITED	Director	19/10/2006	19/10/2006	Active	NO

Name :

Mr. Ajai Kumar Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

10.07.1949

Date of Appointment :

01.05.2012

PAN No.:

ADEPG2469G

DIN No.:

00054664

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	U74899DL1980PTC010330	GREEN PARK CONSTRUCTIONS (DELHI) PRIVATE LIMITED	Director	22/02/2000	22/02/2000	Active	NO
2	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/05/2012	01/12/2004	Active	NO
3	U74999DL2004PTC131313	RELIABLE BUYING HOUSE AND DESIGNS PRIVATE LIMITED	Director	16/12/2004	16/12/2004	Active	NO
4	U45203DL2006PTC146976	MORADABAD INFRASTRUCTURE DEVELOPMENT PRIVATE LIMITED	Director	01/03/2006	01/03/2006	Active	NO
5	U45200DL2006PTC154911	CLG REAL ESTATES PRIVATE LIMITED	Director	19/10/2006	19/10/2006	Active	NO

Name :

Mr. Anil Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

21.07.1945

Date of Appointment :

01.05.2012

PAN No.:

ADEPG2473L

DIN No.:

00054615

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	U74899DL1980PTC010330	GREEN PARK CONSTRUCTIONS (DELHI) PRIVATE LIMITED	Director	22/02/2000	22/02/2000	Active	NO
2	U74999DL2004PTC131313	RELIABLE BUYING HOUSE AND DESIGNS PRIVATE LIMITED	Director	16/12/2004	16/12/2004	Active	NO
3	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/05/2012	31/03/2005	Active	NO
4	U45200DL2006PTC154911	CLG REAL ESTATES PRIVATE LIMITED	Director	30/11/2006	30/11/2006	Active	NO

Name :

Mr. Prabhakar Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

05.03.1968

Date of Appointment :

01.05.2012

PAN No.:

ADTPG0460C

DIN No.:

00054711

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	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/05/2012	10/03/2004	Active	NO
2	U74999DL2004PTC131313	RELIABLE BUYING HOUSE AND DESIGNS PRIVATE LIMITED	Director	16/12/2004	16/12/2004	Active	NO
3	U72200DL2008PTC174151	WONDER IT SOLUTIONS PRIVATE LIMITED	Director	18/02/2008	18/02/2008	Strike off	NO
4	U74120UP2010PTC042710	MORADABAD GLASS WORKS PRIVATE LIMITED	Director	02/12/2010	02/12/2010	Strike off	NO
5	U74900DL2012PLC233617	CLG INTERNATIONAL LIMITED	Director	29/03/2012	29/03/2012	Active	NO

Name :

Mr. Mudit Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

16.06.1975

Date of Appointment :

01.05.2012

PAN No.:

ALBPG9448C

DIN No.:

00055136

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	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/05/2012	10/03/2004	Active	NO
2	U74999DL2004PTC131313	RELIABLE BUYING HOUSE AND DESIGNS PRIVATE LIMITED	Director	16/12/2004	16/12/2004	Active	NO
3	U72200DL2008PTC174151	WONDER IT SOLUTIONS PRIVATE LIMITED	Director	18/02/2008	18/02/2008	Strike off	NO
4	U74120UP2010PTC042710	MORADABAD GLASS WORKS PRIVATE LIMITED	Director	02/12/2010	02/12/2010	Strike off	NO
5	U51109UP1939PLC000906	RAMPUR INDUSTRIES LIMITED	Additional director	30/10/2012	30/10/2012	Active	NO

Name :

Mr. Teevra Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

28.08.1971

Date of Appointment :

01.05.2012

PAN No.:

ADEPG2471J

DIN No.:

01051852

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	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/05/2012	10/03/2004	Active	NO
2	U74999DL2004PTC131313	RELIABLE BUYING HOUSE AND DESIGNS PRIVATE LIMITED	Director	16/12/2004	16/12/2004	Active	NO
3	U72900DL2008PTC173811	IDEAL INFORMATION SYSTEMS PRIVATE LIMITED	Director	08/02/2008	08/02/2008	Strike off	NO
4	U74900DL2012PLC233617	CLG INTERNATIONAL LIMITED	Director	29/03/2012	29/03/2012	Active	NO

Name :

Mr. Parth Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

31.01.1986

Date of Appointment :

01.05.2012

PAN No.:

AIPPG1901R

DIN No.:

00055146

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	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/05/2012	31/03/2005	Active	NO
2	U72900DL2008PTC173811	IDEAL INFORMATION SYSTEMS PRIVATE LIMITED	Director	08/02/2008	08/02/2008	Strike off	NO
3	U74120UP2010PTC042710	MORADABAD GLASS WORKS PRIVATE LIMITED	Director	02/12/2010	02/12/2010	Strike off	NO
4	U74900DL2012PLC233617	CLG INTERNATIONAL LIMITED	Director	29/03/2012	29/03/2012	Active	NO

Name :

Mr. Pramod Kumar Kapur

Designation :

Director

Address :

A-175, Gujranwala Town-I, Second Floor, Delhi – 110009, India

Date of Birth/Age :

06.01.1959

Date of Appointment :

14.09.2009

DIN No.:

00044900

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	U65921DL1996PTC080875	BLUE STOCK FINVEST PRIVATE LIMITED	Director	02/08/1996	02/08/1996	Active	NO
2	U74210DL1996PTC078384	PIONEER INDUSTRIAL REVIVALS PRIVATE LIMITED	Director	12/05/1999	12/05/1999	Active	NO
3	U67200DL1999PTC100062	COUNTRYWIDE INSURANCE SURVEYORS PRIVATE LIMITED	Director	29/06/1999	29/06/1999	Strike off	NO
4	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Director	14/09/2009	20/05/2009	Active	NO

Name :

Mr. Rajesh Kumar Bansal

Designation :

Director

Address :

142, Avas Vikas, Moradabad – 244001, Uttar Pradesh, India

Date of Birth/Age :

12.10.1949

Date of Appointment :

22.09.2008

DIN No.:

01517102

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	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Director	22/09/2008	26/05/2007	Active	NO

Name :

Mr. Sanjeev Kumar

Designation :

Director

Address :

Kot, Amroha – 244221, Uttar Pradesh, India

Date of Birth/Age :

01.05.1960

Date of Appointment :

14.09.2009

DIN No.:

02679570

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	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Director	14/09/2009	20/05/2009	Active	NO

Name :

Mr. Gaurang Gupta

Designation :

Whole-time director

Address :

B-82, Gulmohar Park, New Delhi – 110049, India

Date of Birth/Age :

03.12.1989

Date of Appointment :

01.04.2013

DIN No.:

05275565

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	U74900DL2012PLC233617	CLG INTERNATIONAL LIMITED	Director	23/04/2012	23/04/2012	Active	NO
2	U74999DL2004PLC125090	C L GUPTA EXPORTS LIMITED	Whole-time director	01/04/2013	01/04/2013	Active	NO
3	U45200DL2006PTC154911	CLG REAL ESTATES PRIVATE LIMITED	Director	19/08/2013	01/05/2013	Active	NO

KEY EXECUTIVES

Name :	Mr. Pankaj Agarwal
Designation :	General Manager
Name :	Ms. Mitali Agarwal
Designation :	Secretary
Address :	Near K K Inter College, Deputy Gunj, Moradabad – 244001, Uttar Pradesh, India
Date of Birth/Age :	01.04.1986
Date of Appointment :	25.08.2008
PAN No.:	AJYPA3274H

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 19.08.2013

Names of Shareholders	No. of Shares	Percentage of Holding
Anil Gupta	132000	13.20
Ajai Kumar Gupta	134000	13.40
Raghav Chandra Gupta	201000	20.10
Prabhakar Gupta	201000	20.10
Teevra Gupta	99000	9.90
Mudit Gupta	99000	9.90
Parth Gupta	134000	13.40
TOTAL	1000000	100.00

AS ON 19.08.2013

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Wooden, Metal, Glass, Handicraft Items.
Exports :
Products :	Finished Goods
Countries :	· Europe · USA
Imports :
Products :	Electrical Parts
Countries :	· China · Italy
Terms :
Purchasing :	T.T.

GENERAL INFORMATION

Customers :

Wholesalers

No. of Employees :

2500 (Approximately)

Bankers :

· State Bank Of India

Specialised Commercial Branch, Civil Lines, Moradabad - 244001, Uttar Pradesh, India

· Citibank N.A

Jeevan Bharti Building, 4th Floor, 124, Connaught Circus, Connaught Place, New Delhi - 110001, Delhi, India

· DBS Bank Limited

Capitol Point, Baba Kharak Singh Marg, Connaught Place,, New Delhi - 110001,

Delhi, India

· ICICI Bank Limited

· IDBI Bank Limited

· Indusind Bank

· HDFC Bank Limited

· Punjab National Bank

Facilities :

SECURED LOANS	31.03.2013 (Rs. In Millions)	31.03.2012 (Rs. In Millions)
LONG-TERM BORROWINGS
Rupee term loans from banks	105.177	20.123
Rupee term loans from others	9.249	9.958
SHORT TERM BORROWINGS
Working capital loans from banks	526.898	442.117
TOTAL	641.324	472.198

Banking Relations :	--
Auditors :
Name :	Goel Garg And Company Chartered Accountants
Address :	3h, Big Jo's Tower, Netaji Subhash Place, Pitampura, Delhi, India
Income-tax PAN of auditor or auditor's firm :	AAAFG6036E
Foreign Subsidiary Company :	C.L. Gupta Inc.
Enterprises which are owned, or have significant influence of or are partners with Key Management personnel and their relatives :	· C L Gupta And Sons · Chaddami Lal Jagdish Saran Charitable Trust · C.L. Gupta Charitable Foundation

CAPITAL STRUCTURE

AS ON 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs. 100/- each	Rs.100.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs. 100/- each	Rs.100.000 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	100.000	100.000	100.000
(b) Reserves & Surplus	472.381	441.316	416.619
(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)	572.381	541.316	516.619
(3) Non-Current Liabilities
(a) long-term borrowings	161.279	106.298	129.697
(b) Deferred tax liabilities (Net)	43.905	35.397	33.034
(c) Other long term liabilities	0.000	27.200	46.400
(d) long-term provisions	11.610	9.889	6.844
Total Non-current Liabilities (3)	216.794	178.784	215.975
(4) Current Liabilities
(a) Short term borrowings	529.288	442.117	409.842
(b) Trade payables	139.078	193.285	85.247
(c) Other current liabilities	214.584	178.748	100.438
(d) Short-term provisions	12.161	6.061	5.970
Total Current Liabilities (4)	895.111	820.211	601.497
TOTAL	1684.286	1540.311	1334.091
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	485.503	467.254	465.517
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	256.915	85.254	17.781
(iv) Intangible assets under development	1.851	1.850	1.850
(b) Non-current Investments	1.072	1.072	1.072
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	22.038	39.541	17.111
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	767.379	594.971	503.331
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	583.572	568.012	527.889
(c) Trade receivables	198.336	257.263	141.605
(d) Cash and cash equivalents	13.714	4.126	3.461
(e) Short-term loans and advances	121.285	115.939	157.805
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	916.907	945.340	830.760
TOTAL	1684.286	1540.311	1334.091

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	2105.630	1855.350	1212.291
		Other Income	1.239	1.569	(2.174)
		TOTAL (A)	2106.869	1856.919	1210.117
Less	EXPENSES
		Cost of Materials Consumed	919.599	894.486	563.645
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	59.764	(19.315)	(48.183)
		Employees benefits expense	263.685	196.263	159.015
		Other expenses	708.770	657.445	463.023
		TOTAL (B)	1951.818	1728.879	1137.500
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		155.051	128.040	72.617
Less	FINANCIAL EXPENSES (D)		47.208	49.139	27.962
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		107.843	78.901	44.655
Less/ Add	DEPRECIATION/ AMORTISATION (F)		29.861	28.331	26.066
	PROFIT BEFORE TAX (E-F) (G)		77.982	50.570	18.589
Less	TAX (H)		41.068	20.062	4.841
	PROFIT AFTER TAX (G-H) (I)		36.914	30.508	13.748
	EARNINGS IN FOREIGN CURRENCY
		Export Earnings	1908.002	1659.517	110.678
		Other Earnings	4.421	7.665	9.073
	TOTAL EARNINGS		1912.423	1667.182	119.751
	IMPORTS
		Raw Materials	0.000	0.826
		Stores & Spares	154.369	145.412
		Capital Goods	8.380	3.482
	TOTAL IMPORTS		162.749	149.720	87.986
	Earnings Per Share (Rs.)		37.00	31.00	14.00

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	Yes
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
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	Yes
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	Yes
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

INDEX OF CHARGES:

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10434085	17/06/2013	27,500,000.00	CITIBANK N.A	JEEVAN BHARTI BUILDING, 4TH FLOOR, 124, CONNAUGHT CIRCUS, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	B78403201
2	10419569	15/04/2013	25,000,000.00	DBS BANK LIMITED	CAPITOL POINT, BABA KHARAK SINGH MARG, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	B73131575
3	10118146	31/07/2008	19,445,000.00	RELIANCE CAPITAL LIMITED	"H" BLOCK 1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI - 400710, MAHARASHTRA, INDIA	A44051324
4	80065899	20/11/2012 *	156,700,000.00	CITI BANK N.A.	JEEVAN BHARTI BUILDING, 4TH FLOOR, 124, CONNAUGHT CIRCUS, CONNAUGHT PLACE, NEW DELHI - 110001, INDIA	B63840326
5	90334806	19/08/2013 *	586,700,000.00	STATE BANK OF INDIA	SPECIALISED COMMERCIAL BRANCH, CIVIL LINES, MORADABAD - 244001, UTTAR PRADESH, INDIA	B84726967

* Date of charge modification

UNSECURED LOANS

UNSECURED LOANS	31.03.2013 (Rs. In Millions)	31.03.2012 (Rs. In Millions)
LONG-TERM BORROWINGS
Loans and advances from directors	46.853	76.217
SHORT TERM BORROWINGS
Loans and advances from related parties	2.390	0.000
TOTAL	49.243	76.217

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.60.04
UK Pound	1	Rs.101.97
Euro	1	Rs.83.58

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	DIV
Report Prepared by :	TPT

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.