MIRA INFORM REPORT

Report Date :

21.05.2014

IDENTIFICATION DETAILS

Name :	AMIABLE MARKETING SERVICES PRIVATE LIMITED
Registered Office :	Fb 32, Deshbandhu Nagar, Ghosh Para, Baguiati, Kolkata – 700059, West Bangal
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	20.12.2012
Com. Reg. No.:	21-189377
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U52100WB2012PTC189377
Legal Form :	Private Limited Liability Company
Line of Business :	Wholesaler, distributor, supplier of beauty care, tablet, bin magnetic, chemical products, health products, garments, bag, mobile phone, teleshopping products.
No. of Employees :	150 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (27)

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

Maximum Credit Limit :	USD 408
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a developing company during moderate track. The company passesses a moderate Financial profile marked by small networth base whereas there are no external borrowings recorded in the books during Fy13 Management has reported a minimal net profitability and is gradually improving its performance during the year under review. . However, trade relations seems to be fair. Business is active. Payment terms are reported as slow. In view of infancy, the subject can be considered for business dealings with great 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

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.

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. Tanmoy Raj Chaudhary.
Designation :	Director
Contact No.:	91-33-68888895
Date :	23.04.2014

LOCATIONS

Registered Office :	Fb 32, Deshbandhu nagar, Ghosh para, Baguiati, Kolkata – 700059, West Bangal, India
Tel. No.:	91-33-68888895/68888855
Mobile No.:	91-8017976805 (Mr. Chaudhary)
Fax No.:	91-33-40156599
E-Mail :	amiable.tradecom@gmail.com

DIRECTORS

As on: 28.09.2013

Name :

Mr. Tanmoy Raj Chaudhary.

Designation :

Director

Address :

Netaji Nagar, Debogram,Kaliganj, Nadia – 741137, West Bengal, India

Date of Birth/Age :

17.11.1984

Date of Appointment :

20.12.2012

DIN No.:

03379417

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	U52100WB2012PTC189377	AMIABLE MARKETING SERVICES PRIVATE LIMITED	Director	20/12/2012	20/12/2012	-	Active	NO
2	U74900WB2013PTC198041	AMIABLE TELECOM & UTILITY PRIVATE LIMITED	Director	22/10/2013	22/10/2013	-	Active	NO

Name :

Mr. Papiya Bhattacharya

Designation :

Director

Address :

Radhanagar Len, Lane, Krishnagar Kotwali, Nadia Krishnagar - 741103 ,West Bengal India

Date of Birth/Age :

22.06.1989

Date of Appointment :

20.12.2012

DIN No.:

06407826

Voter ID No.:

XZF1185669

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	U52100WB2012PTC189377	AMIABLE MARKETING SERVICES PRIVATE LIMITED	Director	20/12/2012	20/12/2012	-	Active	NO
2	U74900WB2013PTC198041	AMIABLE TELECOM & UTILITY PRIVATE LIMITED	Director	22/10/2013	22/10/2013	-	Active	NO

MAJOR SHAREHOLDERS

As on: 28.09.2013

Names of Shareholders	No. of Shares
Tanmoy Roy Choudhury	5000
Papiya Bhattacharya	5000
Total	10000

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Wholesaler, distributor, supplier of beauty care, tablet, bin magnetic, chemical products, health products, garments, bag, mobile phone, teleshopping products.
Products :	· Beauty Care · Tablet · Bin magnetic · Chemical product · Health products · Garments · Bag · Mobile phone · Teleshopping product · Banner · Product Catalogue
Terms :
Selling :	Cash / Advance Payment / L/C/ Cheque/ Credit
Purchasing :	Cash / Advance Payment / L/C/ Cheque/ Credit

GENERAL INFORMATION

Suppliers :	Sale Inform, West Bengal, India
Customers :	Wholesalers, Retailers and Distributor
No. of Employees :	150 (Approximately)
Bankers :	· IDBI Bank Limited · ICICI Bank Limited · Axis Bank Limited · Allahabad Bank

Banking Relations :	---
Auditors 1 :
Name :	N. Behera and Companys Chartered Accountant
Address :	P-41,Princep Street, Kolkata – 700072, West Bengal, India
PAN No.:	ALUPB2295H
Auditors 2 :	Gaurao Jhunjhunwala and Associates Chartered Accountant
Auditors 3 :	Umashanka and Agarwal Associates Chartered Accountant
Sister Concern:	Amiable Telecom and Utility Private Limited, Kolkata, West Bengal India. (As per confirm by the Management)

CAPITAL STRUCTURE

As on: 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs.0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	0.002
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.102
(3) Non-Current Liabilities
(a) long-term borrowings	0.000
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) long-term provisions	0.000
Total Non-current Liabilities (3)	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000
(b) Trade payables	0.000
(c) Other current liabilities	0.000
(d) Short-term provisions	0.012
Total Current Liabilities (4)	0.012
TOTAL	0.114
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	0.000
(iv) Intangible assets under development	0.000
(b) Non-current Investments	0.000
(c) Deferred tax assets (net)	0.000
(d) Long-term Loan and Advances	0.000
(e) Other Non-current assets	0.000
Total Non-Current Assets	0.000
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.000
(c) Trade receivables	0.000
(d) Cash and cash equivalents	0.114
(e) Short-term loans and advances	0.000
(f) Other current assets	0.000
Total Current Assets	0.114
TOTAL	0.114

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013
	SALES
		Income (Approximately)	2.000
		Other Income	NA
		TOTAL	NA
Less	EXPENSES
		TOTAL	NA
	PROFIT BEFORE TAX		0.003
Less	TAX		NA
	PROFIT AFTER TAX		0.003
	Earnings Per Share (Rs.)		0.03

Particulars	31.03.2014
Sales Turnover (Approximately)	10.000

The above information has been parted by Mr Tanmay (Director)

KEY RATIOS

PARTICULARS		31.03.2013
PAT / Total Income	(%)	0.15
Current Ratio (Current Asset/Current Liability)		9.50

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	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for one years	Yes
12]	Profitability for last one 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	Yes
18]	Major customers	Yes
19]	Payments terms	Yes
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	No
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	Yes
34]	External Agency Rating, if available	No

Note:

The registered office of the company has been shifted from C/O Late Tapan Roy Choudhury Debogram 741137 West Bengal India to present address w.e.f. 04.01.2014

FINANCIAL RESUMES:

This Year Company has made a Book Profit of Rs. 0.003 Million and Net Profit of Rs. 0.003 Million and therefore Income Tax thereof is calculated at (Including Cess and Interest). The amount of Profit after Tax stood at Rs. 0.003 Million the amount of Profit after Tax of Rs. 0.003 Million is proposed to be carried forward on the Liability Side of the Balance Sheet under the head Reserves and Surplus.NIL is carried forward on Share Application Account the Head Reserves and Surplus in Balance Sheet. In view of inadequate profit, no dividend is recommended for the year. The company has raised capital in consonance with members􀍛 resolution to boost the companys business. There are other no material changes and commitments that effect the financial position of the company.

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

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.58.75
UK Pound	1	Rs.98.77
Euro	1	Rs.80.53

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	SUB
Report Prepared by :	YOG

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		27

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.