MIRA INFORM REPORT

Report Date :

26.05.2014

IDENTIFICATION DETAILS

Name :	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED (w.e.f. 03.02.1997)
Formerly Known As :	AMALGAMATED BEAN COFFEE TRADING COMPANY PRIVATE LIMITED
Registered Office :	K.M. Road, Chikmagalur – 577 101, Karnataka
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	06.12.1993
Com. Reg. No.:	08-015001
Capital Investment / Paid-up Capital :	Rs.614.050 millions
CIN No.: [Company Identification No.]	U85110KA1993PLC015001
TAN No.: [Tax Deduction & Collection Account No.]	BLRAO11510
PAN No.: [Permanent Account No.]	AABCA5291P
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in the business of selling clean coffee to domestic and overseas customers, it is also engaged in the retailing of coffee and other related products through its chain of outlets.
No. of Employees :	13618 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

A (63)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well-established company having fine track. The company possesses a favourable financial profile marked by decent networth along with comfortable capital structure and moderate debt coverage indicators. Management has reported an increase in its sale volume as well as net profitability during 2013. The ratings also take into consideration the volatility in coffee prices and foreign exchange rates along with intense competition from domestic as well as foreign players. The subject being a leading coffee retailer in India with a strong brand image, have presence across the entire value chain of coffee retailing. However, trade relations are fair. Business is active. Payment terms are reported as regular and as per commitments. In view of experienced promoters and management, the subject can be considered 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: A+
Rating Explanation	Adequate degree of safety and low credit risk.
Date	October 04, 2013

ssss

Rating Agency Name	CARE
Rating	Short Term Bank Facilities: A1+
Rating Explanation	Very strong degree of safety and lowest credit risk.
Date	October 04, 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.

LOCATIONS

Registered Office :	K.M. Road, Chikmagalur – 577 101, Karnataka, India
Tel. No.:	91-8262-235214/ 231153
Fax No.:	91-8262-235138/ 231381
E-Mail :	sadananda@abccoffeeday.com
Website :	http://www.coffeeday.com
Location :	Owned
Head Office/ Corporate Office :	Coffee Day Square, Vittal Mallya Road, Bangalore – 560 001, Karnataka, India
Tel. No.:	91-80-40012345
Fax No.:	91-80-40012650
E-Mail :	exports@abccoffeeday.com
Stores :	Located at: · Bangalore · Mysore · Chikmagula · Davangere · Shimoga · Bhadravathi · Chandigarh · Dharwad · Doddaballpur · Gowribidanur · Hassan · Hoskote · Hosur · Hubli · Koppa · Maddur · Mandya · Anekal · Pavagada · Iptur · Tumkur · Thirhahalli · Bellary · Chintamani · Channapatana · Kolar · Hospet
Curing Works:	Belur Road, Hassan – 573 201, Karnataka, India
Branch Office :	Located at: · Bangalore · Chennai · Chandigarh · Hyderabad · Kolkata · Mumbai · New Delhi · Mangalore · Ahmedabad · Lucknow · Pune · Nagpur

DIRECTORS

AS ON 08.08.2013

Name :

Mr. Veerappa Hegde Gangaiah Hegde Siddartha

Designation :

Managing Director

Address :

23/2, Vittal Mallya Road, Bangalore – 560 001, Karnataka, India

Date of Birth/Age :

23.08.1959

Qualification :

Masters

Date of Appointment :

30.06.2009

DIN No.:

00063987

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	U85110KA1989PLC009913	AMALGAMATED HOLDINGS LIMITED	Director	14-03-1989	14-03-1989	02-02-2007	Active	NO
2	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Managing director	30-06-2009	06-12-1993	-	Active	NO
3	U67120KA1994PTC015647	SIVAN SECURITIES PRIVATE LIMITED	Director	16-05-1994	16-05-1994	-	Active	NO
4	L72200KA1999PLC025564	MINDTREE LIMITED	Nominee director	20-01-2000	20-01-2000	-	Active	NO
5	U74140KA2000PLC026366	GLOBAL TECHNOLOGY VENTURES LIMITED	Director	09-02-2000	09-02-2000	20-09-2013	Active	NO
6	U15491KA2000PTC027465	COFFEE DAY PRIVATE LIMITED	Director	01-01-2001	01-01-2001	24-09-2008	Active	NO
7	U72900KA2001PTC028392	ITTIAM SYSTEMS PRIVATE LIMITED	Director	03-01-2001	03-01-2001	-	Active	NO
8	U14101KA1982PTC004837	ALPS GRANITES PRIVATE LIMITED	Managing director	25-01-2001	25-01-2001	30-08-2008	Active	NO
9	U01131KA2001PTC028894	RAJAGIRI AND SANKHAN ESTATES PRIVATE LIMITED	Director	12-04-2001	12-04-2001	30-12-2013	Active	NO
10	U01131KA2001PTC028893	SAMPIGEHUTTY ESTATE PRIVATE LIMITED	Director	12-04-2001	12-04-2001	-	Active	NO
11	U30006KA2000PTC026590	COFFEE DAY CONSOLIDATIONS PRIVATE LIMITED	Director	25-04-2001	25-04-2001	03-11-2013	Active	NO
12	U01403KA1996PTC020171	GONIBEDU COFFEE ESTATES PRIVATE LIMITED	Director	02-09-2002	02-09-2002	18-01-2012	Active	NO
13	U72200KA2001PTC028895	DEVADARSHINI INFO TECHNOLOGIES PRIVATE LIMITED	Director	24-03-2003	24-03-2003	12-12-2013	Active	NO
14	U26940KA1990PLC051611	KESAR MARBLE AND GRANITE LIMITED	Director	26-03-2004	26-03-2004	07-08-2012	Active	NO
15	U14102KA2004PTC034221	ALPS STONE PRIVATE LIMITED	Director	05-08-2004	05-08-2004	06-08-2012	Active	NO
16	U55101KA2004PTC034591	COFFEEDAY HOTELS AND RESORTS PRIVATE LIMITED	Director	12-05-2005	12-05-2005	29-11-2012	Active	NO
17	U67120KA2000PTC027628	WAY2WEALTH BROKERS PRIVATE LIMITED	Director	13-01-2006	13-01-2006	06-02-2014	Active	NO
18	U85110KA1995PLC019495	TANGLIN DEVELOPMENTS LIMITED	Director	14-12-2006	14-12-2006	15-03-2007	Active	NO
19	U65999KA2007PTC041980	CHANDRAPORE ESTATES PRIVATE LIMITED	Director	05-03-2007	05-03-2007	12-03-2009	Active	NO
20	U70102KA2007PTC043933	TANGLIN PROPERTY DEVELOPMENTS (MUMBAI) PRIVATE LIMITED	Director	16-08-2013	21-09-2007	-	Active	NO
21	U55101KA2008PTC045438	COFFEE DAY RESORTS (MSM) PRIVATE LIMITED	Director	28-02-2008	28-02-2008	-	Active	NO
22	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Director	20-06-2008	20-06-2008	-	Active	NO
23	U24219KA2009PTC049290	TERRA-FIRMA (SOLID WASTE MANAGEMENT) CHENNAI PRIVATE LIMITED	Director	05-03-2009	05-03-2009	10-01-2014	Active	NO
24	U36101KA2010PTC052478	DARK FOREST FURNITURE COMPANY PRIVATE LIMITED	Director	15-02-2010	15-02-2010	25-10-2011	Active	NO
25	U10100KA2008PTC046481	COFFEE DAY NATURAL RESOURCES PRIVATE LIMITED	Director	12-07-2011	12-07-2011	-	Active	NO

Name :

Mrs. Malavika Siddhartha Hegde

Designation :

Director

Address :

No.143, 5^th Cross, RMV Extension, Sadashiva Nagar, Bangalore – 560 001, Karnataka, India

Date of Birth/Age :

12.06.1967

Qualification :

Degree

Date of Appointment :

06.12.1993

DIN No.:

00136524

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	U24235KA1979PTC003648	BANGALORE BEST VETERINARY PRODUCTS PRIVATE LIMITED	Director	02-09-2013	03-11-1979	16-10-2013	Active	NO
2	U85110KA1989PLC009913	AMALGAMATED HOLDINGS LIMITED	Director	14-03-1989	14-03-1989	02-02-2007	Active	NO
3	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Director	06-12-1993	06-12-1993	-	Active	NO
4	U01403KA1996PTC020171	GONIBEDU COFFEE ESTATES PRIVATE LIMITED	Director	29-03-1996	29-03-1996	18-01-2012	Active	NO
5	U74140KA2000PLC026366	GLOBAL TECHNOLOGY VENTURES LIMITED	Director	09-02-2000	09-02-2000	20-09-2013	Active	NO
6	U15491KA2000PTC027465	COFFEE DAY PRIVATE LIMITED	Director	01-01-2001	01-01-2001	24-09-2008	Active	NO
7	U01131KA2001PTC028894	RAJAGIRI AND SANKHAN ESTATES PRIVATE LIMITED	Director	12-04-2001	12-04-2001	30-12-2013	Active	NO
8	U01131KA2001PTC028893	SAMPIGEHUTTY ESTATE PRIVATE LIMITED	Director	12-04-2001	12-04-2001	-	Active	NO
9	U30006KA2000PTC026590	COFFEE DAY CONSOLIDATIONS PRIVATE LIMITED	Director	25-04-2001	25-04-2001	03-11-2013	Active	NO
10	U72200KA2001PTC028895	DEVADARSHINI INFO TECHNOLOGIES PRIVATE LIMITED	Director	24-03-2003	24-03-2003	12-12-2013	Active	NO
11	U55101KA2004PTC034591	COFFEEDAY HOTELS AND RESORTS PRIVATE LIMITED	Director	27-08-2004	27-08-2004	29-11-2012	Active	NO
12	U85110KA1996PLC019932	COFFEELAB LIMITED	Director	16-08-2005	16-08-2005	02-02-2007	Active	NO
13	U67120KA2000PTC027628	WAY2WEALTH BROKERS PRIVATE LIMITED	Director	13-01-2006	13-01-2006	29-08-2013	Active	NO
14	U65999KA2007PTC041980	CHANDRAPORE ESTATES PRIVATE LIMITED	Director	05-03-2007	05-03-2007	12-03-2009	Active	NO
15	U70102KA2007PTC043933	TANGLIN PROPERTY DEVELOPMENTS (MUMBAI) PRIVATE LIMITED	Director	16-08-2013	21-09-2007	-	Active	NO
16	U51229KA2006PTC039880	WAY2WEALTH COMMODITIES PRIVATE LIMITED	Director	26-10-2007	26-10-2007	06-09-2013	Active	NO
17	U55101KA2008PTC045438	COFFEE DAY RESORTS (MSM) PRIVATE LIMITED	Director	28-02-2008	28-02-2008	-	Active	NO
18	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Director	20-06-2008	20-06-2008	-	Active	NO
19	U10100KA2008PTC046481	COFFEE DAY NATURAL RESOURCES PRIVATE LIMITED	Director	12-07-2011	12-07-2011	-	Active	NO

Name :

Mr. Jayaraj Channappa Hubli

Designation :

Whole-time Director

Address :

1029, 7^th Main, 2^nd Cross, BEML 3^rd Stage, Rajarajeshwari Nagar, Bangalore – 560 098, Karnataka, India

Date of Birth/Age :

01.03.1956

Qualification :

CA

Date of Appointment :

01.08.2011

DIN No.:

00073670

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	U85110KA1996PLC019932	COFFEELAB LIMITED	Director	28-02-1996	28-02-1996	23-12-2008	Active	NO
2	U85110KA1982PLC005048	GANGA COFFEE CURING WORKS LIMITED	Director	26-10-1996	26-10-1996	19-01-2009	Active	NO
3	U36990KA1995PTC066264	VAITARNA TIMBER TRADING PRIVATE LIMITED	Director	01-03-2003	01-03-2003	19-04-2011	Active	NO
4	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Whole-time director	01-08-2011	06-07-2011	-	Active	NO

Name :

Mr. Sanjay Omprakash Nayar

Designation :

Director

Address :

Flat No.9, The Rushilla Co-Operative Housing Society Limited, 17/C, Carmichael Road, Mumbai – 400 026, Maharashtra, India

Date of Birth/Age :

13.10.1960

Qualification :

Degree

Date of Appointment :

30.06.2010

DIN No.:

00002615

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	U65990MH1984PLC033929	TCS E-SERVE LIMITED	Nominee director	30-10-2001	30-10-2001	01-01-2009	Amalgamated	NO
2	U65900MH1997FLC109170	CITICORP FINANCE (INDIA) LIMITED	Director	20-12-2001	20-12-2001	31-01-2009	Amalgamated	NO
3	U67120MH2002PLC136776	CITICORP CAPITAL MARKETS LIMITED	Director	08-08-2002	08-08-2002	27-02-2009	Active	NO
4	U72200KA2004PLC072927	WIPRO TECHNOLOGY SERVICES LIMITED	Director	15-09-2004	15-09-2004	20-01-2009	Amalgamated	NO
5	U80101MH2002NPL136300	PRATHAM EDUCATION FOUNDATION	Director	01-08-2005	01-08-2005	-	Active	NO
6	U63090MH2005PLC157251	CITICORP CLEARING SERVICES INDIA LIMITED	Director	10-11-2005	10-11-2005	31-01-2009	Active	NO
7	U45201DL2005PTC142019	VALLEYVIEW PROBUILD PRIVATE LIMITED	Director	23-10-2006	23-10-2006	-	Active	NO
8	U80100AP1997NPL036631	INDIAN SCHOOL OF BUSINESS	Director	11-11-2006	11-11-2006	-	Active	NO
9	U67190MH2009FTC189794	KKR INDIA ADVISORS PRIVATE LIMITED	Director	22-01-2009	22-01-2009	-	Active	NO
10	U67190TN1995PTC030045	KKR INDIA FINANCIAL SERVICES PRIVATE LIMITED	Additional director	09-08-2013	23-12-2009	-	Active	NO
11	U70102DL2010PTC198190	HERITAGE VIEW DEVELOPERS PRIVATE LIMITED	Director	20-01-2010	20-01-2010	-	Active	NO
12	U65923MH2007PLC168721	GRAMEEN CAPITAL INDIA LIMITED	Director	30-09-2010	26-02-2010	-	Active	NO
13	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Nominee director	30-03-2010	30-03-2010	-	Active	NO
14	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Director	30-06-2010	07-06-2010	-	Active	NO
15	U10300DL2007PLC171250	DALMIA CEMENT VENTURES LIMITED	Director	24-09-2010	03-09-2010	30-05-2013	Amalgamated	NO
16	U65191TN1996PLC035963	DALMIA CEMENT (BHARAT) LIMITED	Director	08-08-2011	03-09-2010	-	Active	NO
17	L64201DL2006PLC156038	BHARTI INFRATEL LIMITED	Director	03-07-2013	31-01-2011	-	Active	NO
18	L51504WB1978PLC031813	MAGMA FINCORP LIMITED	Director	12-07-2012	01-07-2011	-	Active	NO
19	U40101DL2005PLC138906	AVANTHA POWER AND INFRASTRUCTURE LIMITED	Director	01-11-2011	08-08-2011	-	Active	NO
20	U80904MH2011NPL222392	PRATHAM INSTITUTE FOR LITERACY EDUCATION AND VOCATIONAL TRAINING	Director	26-09-2011	26-09-2011	-	Active	NO
21	U25111MH2007PTC172456	ATC TIRES PRIVATE LIMITED	Director	26-06-2013	26-06-2013	-	Active	NO
22	U67190MH2013PTC245486	GRAMEEN CAPITAL INVESTMENT ADVISORS PRIVATE LIMITED	Director	11-07-2013	11-07-2013	-	Active	NO
23	L85110TN1979PLC008035	APOLLO HOSPITALS ENTERPRISE LIMITED	Additional director	10-02-2014	10-02-2014	-	Active	NO
24	U70109DL2014PTC265573	SEA VIEW PROBUILD PRIVATE LIMITED	Director	28-02-2014	28-02-2014	-	Active	NO

Name :

Nainesh Jaisingh

Designation :

Director

Address :

31, Urvashi Petit Hall, 66, Napeansea Road, Mumbai – 400 006, Maharashtra, India

Date of Birth/Age :

24.04.1967

Qualification :

Degree

Date of Appointment :

30.06.2010

DIN No.:

00061014

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	U74130MH2003PTC141496	STANDARD CHARTERED PRIVATE EQUITY ADVISORY (INDIA) PRIVATE LIMITED	Director	17-06-2005	17-06-2005	-	Active	NO
2	L61200GJ1985PLC007730	ABG SHIPYARD LIMITED	Nominee director	07-07-2005	07-07-2005	29-07-2011	Active	NO
3	U34102MH1999PTC123296	ENDURANCE TECHNOLOGIES PRIVATE LIMITED (CN)	Director	17-08-2006	17-08-2006	22-12-2011	Active	NO
4	U31100MH1984PLC032825	POWERICA LIMITED	Nominee director	01-10-2007	01-10-2007	-	Active	NO
5	U74999DL2005PTC132134	INTERGLOBE TECHNOLOGY QUOTIENT PRIVATE LIMITED	Director	30-06-2008	11-12-2007	-	Active	NO
6	U74140DL2007PTC162695	ITQ CONSULTANCY PRIVATE LIMITED	Director	30-06-2009	23-09-2008	-	Under liquidation	NO
7	U28999KA2001PTC029937	FIREPRO SYSTEMS PRIVATE LIMITED	Director	15-12-2009	15-12-2009	22-12-2011	Active	NO
8	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Nominee director	10-02-2010	10-02-2010	-	Active	NO
9	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Director	30-06-2010	07-06-2010	-	Active	NO
10	L52599TN1961PLC028758	REDINGTON (INDIA) LIMITED	Director	31-07-2012	05-08-2011	-	Active	NO
11	U99999GJ1976PLC018945	INOX INDIA LIMITED	Alternate director	22-08-2012	22-08-2012	01-11-2013	Active	NO
12	L92100MH1997PLC108981	PRIME FOCUS LIMITED	Director	20-12-2012	05-11-2012	-	Active	NO

Name :

Mr. Parag Phoolchand Saxena

Designation :

Director

Address :

39, Atur Park, Pune – 411 001, Maharashtra, India

Date of Birth/Age :

27.04.1955

Qualification :

Degree

Date of Appointment :

30.06.2010

DIN No.:

01713666

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	U93090MH2007PTC167523	New Silk Route Advisors Private Limited	Director	23-11-2007	10-04-2007	-	Active	NO
2	U70102AP2002PTC038713	ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED	Nominee director	24-07-2007	24-07-2007	-	Active	NO
3	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Nominee director	31-03-2010	31-03-2010	-	Active	NO
4	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Director	30-06-2010	07-06-2010	-	Active	NO
5	U64200DL2010PTC207522	AUGERE WIRELESS BROADBAND INDIA PRIVATE LIMITED	Director	12-10-2011	09-09-2010	-	Active	NO

Name :

Venu Madhav Amara

Designation :

Whole-time Director

Address :

No.1, Raheja Chambers, 12, Museum Road, Bangalore – 560 001, Karnataka, India

Date of Birth/Age :

23.07.1968

Qualification :

Degree

Date of Appointment :

08.05.2013

DIN No.:

00195073

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	U51226KA2004PTC033423	KURKENMUTTY ESTATES PRIVATE LIMITED	Director	23-02-2004	23-02-2004	06-04-2012	Active	NO
2	U85110KA1989PLC009913	AMALGAMATED HOLDINGS LIMITED	Director	01-02-2007	01-02-2007	14-08-2012	Active	NO
3	U40101KA2001PLC029866	GIRI VIDHYUTH (INDIA) LIMITED	Director	25-09-2008	10-07-2007	22-08-2012	Active	NO
4	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Whole-time director	08-05-2013	10-01-2013	-	Active	NO

Name :

Mr. Udai Dhawan

Designation :

Alternate Director

Address :

107, 1^st Floor, Anand Lok, New Delhi – 110 049, India

Date of Birth/Age :

17.01.1973

Qualification :

Degree

Date of Appointment :

07.06.2010

DIN No.:

03048040

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	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Alternate director	14-04-2010	14-04-2010	-	Active	NO
2	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Alternate director	07-06-2010	07-06-2010	-	Active	NO
3	U28999KA2001PTC029937	FIREPRO SYSTEMS PRIVATE LIMITED	Nominee director	21-12-2012	15-07-2010	-	Active	NO
4	U74999DL2005PTC132134	INTERGLOBE TECHNOLOGY QUOTIENT PRIVATE LIMITED	Alternate director	14-03-2012	16-07-2010	-	Active	NO
5	U15134DL1965PLC129086	VARUN BEVERAGES (INTERNATIONAL) LIMITED	Director	18-07-2011	18-07-2011	-	Amalgamated	NO
6	U74899DL1995PLC069839	VARUN BEVERAGES LIMITED	Director	14-05-2013	13-05-2013	-	Active	NO
7	U74130MH2003PTC141496	STANDARD CHARTERED PRIVATE EQUITY ADVISORY (INDIA) PRIVATE LIMITED	Additional director	01-01-2014	01-01-2014	-	Active	NO
8	L85110DL1996PLC076704	FORTIS HEALTHCARE LIMITED	Additional director	11-02-2014	11-02-2014	-	Active	NO
9	U31100MH1984PLC032825	POWERICA LIMITED	Alternate director	20-02-2014	20-02-2014	-	Active	NO

Name :

Mr. Jacob Kurian

Designation :

Alternate Director

Address :

Flat No. A-32, Shefali Apartment, AGA Abbas Ali Road, Halasuru, Bangalore – 560 042, Karnataka, India

Date of Birth/Age :

09.02.1956

Qualification :

Degree

Date of Appointment :

07.06.2010

DIN No.:

00213259

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	U36911KA1996PLC020977	TANISHQ (INDIA) LIMITED	Director	31-08-2000	31-08-2000	27-09-2007	Amalgamated	NO
2	L15140MH1988PLC049208	MARICO LIMITED	Director	26-07-2005	26-07-2005	28-01-2010	Active	NO
3	U74140MH2006PTC160948	GATEWAY FUND ADVISORS PRIVATE LIMITED	Director	04-04-2006	04-04-2006	24-12-2010	Strike off	NO
4	U93090MH2007PTC167523	NEW SILK ROUTE ADVISORS PRIVATE LIMITED	Director	23-11-2007	10-04-2007	13-02-2012	Active	NO
5	U32204AP1998PTC029457	ASTER PRIVATE LIMITED	Nominee director	09-08-2007	09-08-2007	29-01-2013	Active	NO
6	U70102AP2002PTC038713	ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED	Nominee director	10-12-2007	10-12-2007	23-09-2009	Active	NO
7	U74899DL1995PLC069353	ORTEL COMMUNICATIONS LIMITED	Director	28-09-2012	29-02-2008	11-12-2012	Active	NO
8	U55101KA2008PTC046866	COFFEE DAY RESORTS PRIVATE LIMITED	Alternate director	14-04-2010	14-04-2010	-	Active	NO
9	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Alternate director	07-06-2010	07-06-2010	-	Active	NO
10	U80903MH2010PTC211466	VARSITY EDUCATION MANAGEMENT PRIVATE LIMITED	Nominee director	30-09-2011	21-03-2011	-	Active	NO
11	U80900AP2010PTC067855	JUNIOR VARSITY EDUCATION MANAGEMENT PRIVATE LIMITED	Nominee director	26-09-2011	21-03-2011	-	Active	NO
12	U80901AP2009PTC065079	K-12 EDUCATION MANAGEMENT PRIVATE LIMITED	Nominee director	23-03-2011	23-03-2011	-	Active	NO
13	U74999KA2012PTC070772	GASTRONOMY MANAGEMENT SERVICES PRIVATE LIMITED	Director	26-03-2012	26-03-2012	-	Active	NO
14	U55101KA2007PTC044097	VASUDEV ADIGAS FASTFOOD PRIVATE LIMITED	Managing director	12-08-2013	09-04-2012	-	Active	NO
15	U15412MH2009PTC189787	MOSHE'S FINE FOODS PRIVATE LIMITED	Director	01-10-2013	01-10-2013	-	Active	NO

Name :

Mr. Balaraj Payattiyath Kanarath

Designation :

Director

Address :

No.304, Embassy Eros, 7, Ulsoor Road, Bangalore – 560 042, Karnataka, India

Date of Birth/Age :

18.01.1971

Qualification :

Degree

Date of Appointment :

14.08.2012

DIN No.:

00163632

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	U72200TN1999PTC042375	INTERCEPT TECHNOLOGIES INDIA PRIVATE LIMITED	Nominee director	21-08-2000	21-08-2000	-	Active	NO
2	U65999KA2000PTC033945	SEQUOIA CAPITAL INDIA ADVISORS PRIVATE LIMITED	Managing director	15-09-2000	15-09-2000	04-02-2011	Active	NO
3	U72300KA2000PTC027842	TARANG SOFTWARE TECHNOLOGIES PRIVATE LIMITED	Director	21-12-2000	21-12-2000	06-12-2010	Active	NO
4	L64202MH2001PLC134147	FIRSTSOURCE SOLUTIONS LIMITED	Director	31-07-2008	02-09-2003	-	Active	NO
5	U72200KA2000PTC052615	INDECOMM GLOBAL SERVICES (INDIA) PRIVATE LIMITED	Nominee director	30-05-2005	30-05-2005	17-08-2007	Active	NO
6	U85110KA1993PLC015001	AMALGAMATED BEAN COFFEE TRADING COMPANY LIMITED	Director	14-08-2012	03-07-2006	-	Active	NO
7	U72200TN2005PTC057128	TUTORVISTA GLOBAL PRIVATE LIMITED	Director	28-09-2007	13-12-2006	18-01-2011	Active	NO
8	U72900MH2002PTC134544	APNAPAISA PRIVATE LIMITED	Nominee director	24-04-2007	24-04-2007	06-12-2010	Active	NO
9	U93090MH2006PTC165633	DIGITAL SIGNAGE NETWORKS INDIA PRIVATE LIMITED	Nominee director	29-04-2007	29-04-2007	06-12-2010	Active	NO
10	U80904KA2007PTC043359	TUTORVISTA EDUCATION INDIA PRIVATE LIMITED	Director	30-09-2009	08-02-2008	18-01-2011	Active	NO
11	L65910KL1992PLC006623	MANAPPURAM FINANCE LIMITED	Director	20-07-2010	06-11-2008	23-07-2010	Active	NO
12	U65921TZ1994PLC005299	MANAPPURAM FINANCE TAMIL NADU LIMITED	Director	31-08-2009	06-11-2008	-	Amalgamated	NO
13	U85110TN2007PTC064072	VASAN HEALTH CARE PRIVATE LIMITED	Nominee director	06-02-2009	06-02-2009	-	Active	NO
14	U63040KA2007PTC041672	FLIGHT RAJA TRAVELS PRIVATE LIMITED	Alternate director	13-11-2010	10-11-2009	08-02-2011	Active	NO
15	U80101KA2010PTC072102	K12 TECHNO SERVICES PRIVATE LIMITED	Nominee director	20-08-2010	20-08-2010	28-02-2013	Active	NO
16	U65191KA2011PTC057224	WESTBRIDGE CAPITAL INDIA ADVISORS PRIVATE LIMITED	Managing director	24-02-2011	23-02-2011	-	Active	NO
17	U65991KA2011PTC059630	KPB INVESTMENT ADVISORS INDIA PRIVATE LIMITED	Director	19-07-2011	19-07-2011	-	Active	NO

Name :

Mr. Munnur Soorappaya Krishnabhat

Designation :

Director

Address :

Lava Kusha, Church Road, P.O. Surathkal, Mangalore – 575 014, Karnataka, India

Date of Birth/Age :

10.02.1938

Qualification :

Degree

Date of Appointment :

15.03.2007

DIN No.:

01840696

KEY EXECUTIVES

Name :	Sadananda Poojary
Designation :	Secretary
Address :	MR-1E, B.T.M. (S.H.F.S.) Layout, 6^th Main, Bangalore – 560 076, Karnataka, India
Date of Birth/Age :	01.08.1963
Date of Appointment :	01.02.1997
PAN No.:	AAOPP0042R

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 08.08.2013

Names of Shareholders	No. of Shares
V.G. Siddhartha	1000001
ABC Employees welfare Trust, India	6200000
DAMF II Coffee Holdings Limited, India	651510
Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”), The Netherlands	10
Coffee Day Resorts Private Limited, India	147192442
International Finance Corporation, India	10
Malvika Hegde	1
Sivan Securities Private Limited, India	1
Total	155043975

Names of Shareholders (IFC Subscribed A Preference Shares)	No. of Shares
International Finance Corporation, India	2894411
V.G. Siddhartha	1075811
Total	3970222

Names of Shareholders (IFC Subscribed B Preference Shares)	No. of Shares
International Finance Corporation, India	900000
Total	900000

Names of Shareholders (DAMF II Series A Preference Shares)	No. of Shares
DAMF II Coffee Holdings Limited, India	365036400
Total	365036400

AS ON 08.08.2013

Equity Share Breakup	Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	0.42
Bodies corporate	94.94
Directors or relatives of directors	0.64
Other top fifty shareholders	4.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the business of selling clean coffee to domestic and overseas customers, it is also engaged in the retailing of coffee and other related products through its chain of outlets.

Products :

Item Code No. (ITC Code)	21011200
Product Description	Coffee and Other Related Products

GENERAL INFORMATION

No. of Employees :

13618 (Approximately)

Bankers :

· The Ratnakar Bank Limited, Shahupuri, Kolhapur, Kolhapur - 416001, Maharashtra, India

· The Karnataka Bank Limited, Karnataka Bank Limited, Overseas Branch, Kasturba Road, Bangalore – 560 001, Karnataka, India

· Standard Chartered Bank, Raheja Towers, 26/27, M.G. Road, Bangalore – 560 001, Karnataka, India

· The Karnataka Bank Limited, Overseas Branch, ST Marks Road, Bangalore – 560 001, Karnataka, India

· Oriental Bank of Commerce, The Land Mark, 21/15, M.G. Road, Bangalore – 560 001, Karnataka, India

Facilities :

Secured Loans	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
LONG-TERM BORROWINGS
Rupee term loans from banks (Personal Guarantee of the Managing Director)	1665.604	1984.004
Rupee Term loans from others (Personal Guarantee of the Managing Director)	680.763	870.354
SHORT-TERM BORROWINGS
Other loans and advances (Personal Guarantee of Managing Director and relatives of Directors)	807.722	776.099
Total	3154.089	3630.457

Banking Relations :	--
Financial Institution :	IDBI Trusteeship Services Limited, Asian Building, Ground Floor, 17, R. Kamani Marg, Ballard Estate, Mumbai – 400 001, Maharashtra, India
Auditors :
Name :	B.S.R.R. and Company Chartered Accountants
Address :	Maruthi Info-Tech Centre, 11-12/1, Inner Ring Road, Koramangala, Bangalore – 560 071, Karnataka, India
PAN No.:	AAKFB1884H
Holding Company :	Coffee Day Resorts Private Limited, India (CIN No.: U55101KA2008PTC046866)
Subsidiary Companies :	· A N Coffeeday International Limited, Cyprus · Amalgamated Holdings Limited, India (CIN No.: U85110KA1989PLC009913) · Coffee Day Properties (India) Private Limited, India (CIN No.: U70102KA2007PTC043631) · Coffee Day CZ a.s., Czech Republic · Coffeeday Gastronomie Und Kaffehabdles GmbH, Austria · Ganga Coffee Curing Works Limited, India (CIN No.: U85110KA1982PLC005048) · Coffeelab Limited, India (CIN No.: U85110KA1996PLC019932)
Associates :	Classic Coffee Curing Works, India
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives :	· Dark Forest Furniture Company Private Limited, India (CIN No.: U36101KA2010PTC052478) · Kesar Marble and Granite Limited, India (CIN No.: U26940KA1990PLC051611) · Mindtree Limited, India (CIN No.: L72200KA1999PLC025564) · Mysore Amalgamated Coffee Estates Limited, India (CIN No.: U85110KA1944PLC000359) · Chetan Wood Processing Private Limited · SICAL Logistics Limited, India (CIN No.: L51909TN1955PLC002431) · Tanglin Developments Limited, India (CIN No.: U85110KA1995PLC019495)

CAPITAL STRUCTURE

AS ON 08.08.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
1882890413	Equity Shares	Re.1/- each	Rs.1882.891 millions
3970222	IFC Subscribed A Preference Shares	Re.1/- each	Rs.3.970 millions
900000	IFC Subscribed B Preference Shares	Rs.100/- each	Rs.90.000 millions
378000000	DAMF II Series A Preference Shares	Re.1/- each	Rs.378.000 millions
	Total		Rs.2354.861 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
155043975	Equity Shares	Re.1/- each	Rs.155.044 millions
3970222	IFC Subscribed A Preference Shares	Re.1/- each	Rs.3.970 millions
900000	IFC Subscribed B Preference Shares	Rs.100/- each	Rs.90.000 millions
365036400	DAMF II Series A Preference Shares	Re.1/- each	Rs.365.036 millions
524950597	Total		Rs.614.050 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1) Shareholders' Funds
(a) Share Capital	614.050	2037.157
(b) Reserves & Surplus	6906.708	5398.050
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	7520.758	7435.207
(3) Non-Current Liabilities
(a) Long-term borrowings	3713.400	4226.551
(b) Deferred tax liabilities (Net)	36.241	0.000
(c) Other long term liabilities	421.305	347.700
(d) Long-term provisions	11.952	0.000
Total Non-current Liabilities (3)	4182.898	4574.251
(4) Current Liabilities
(a) Short term borrowings	1308.171	1263.183
(b) Trade payables	154.512	303.352
(c) Other current liabilities	1330.354	1179.093
(d) Short-term provisions	81.017	75.024
Total Current Liabilities (4)	2874.054	2820.652
TOTAL	14577.710	14830.110
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	8187.515	7067.717
(ii) Intangible Assets	7.256	7.116
(iii) Capital work-in-progress	358.551	396.400
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	352.294	260.168
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	1331.349	1181.591
(e) Other Non-current assets	152.904	123.549
Total Non-Current Assets	10389.869	9036.541
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	1349.146	1370.666
(c) Trade receivables	1255.960	1163.355
(d) Cash and cash equivalents	984.552	2573.816
(e) Short-term loans and advances	584.449	661.483
(f) Other current assets	13.734	24.249
Total Current Assets	4187.841	5793.569
TOTAL	14577.710	14830.110

SOURCES OF FUNDS		31.03.2011
SHAREHOLDERS FUNDS
1] Share Capital		2037.158
2] Share Application Money		0.000
3] Reserves & Surplus		5513.216
4] (Accumulated Losses)		0.000
NETWORTH		7550.374
LOAN FUNDS
1] Secured Loans		4153.656
2] Unsecured Loans		1854.605
TOTAL BORROWING		6008.261
DEFERRED TAX LIABILITIES		0.000
TOTAL		13558.635
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		5573.646
Capital work-in-progress		569.299
INVESTMENT		244.082
DEFERRED TAX ASSETS		72.164
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	1375.395
	Sundry Debtors	1301.640
	Cash & Bank Balances	4228.571
	Other Current Assets	0.000
	Loans & Advances	1459.708
Total Current Assets		8365.314
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	608.827
	Other Current Liabilities	643.882
	Provisions	13.161
Total Current Liabilities		1265.870
Net Current Assets		7099.444
MISCELLANEOUS EXPENSES		0.000
TOTAL		13558.635

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Revenue from operations	10498.962	9704.651	9008.303
		Other Income	179.248	363.139	376.649
		TOTAL (A)	10678.210	10067.790	9384.952
Less	EXPENSES
		Cost of materials consumed	5892.555	5996.650	7842.930
		Changes in inventories of finished goods, work-in-progress and stock-in-trade	35.721	39.493
		Employee benefit expense	951.509	683.654
		Other expenses	1997.091	1813.766
		TOTAL (B)	8876.876	8533.563	7842.930
Less	PROFIT / (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		1801.334	1534.227	1542.022
Less	FINANCIAL EXPENSES (D)		397.047	409.955	464.007
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		1404.287	1124.272	1078.015
Less/ Add	DEPRECIATION/ AMORTISATION (F)		1258.046	996.344	851.500
	PROFIT / (LOSS) BEFORE TAX (E-F) (G)		146.241	127.928	226.515
Less	TAX (H)		36.241	74.898	65.456
	PROFIT / (LOSS) AFTER TAX (G-H) (I)		110.000	53.030	161.059
	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		520.757	511.654	431.983
	APPROPRIATIONS
		Transitional impact on adoption of Accounting Standard 30	0.000	40.508	81.520
		Preference dividend	24.911	72.409
		Tax on preference dividend	4.041	12.026
	BALANCE CARRIED TO THE B/S		601.805	520.757	511.522
	EARNINGS IN FOREIGN CURRENCY		3374.789	3501.757	3540.463
	IMPORTS
		Raw Materials	4.700	35.038	NA
		Capital Goods	161.900	148.315	NA
	TOTAL IMPORTS		166.600	183.353	NA
	Earnings / (Loss) Per Share (Rs.)		0.21	0.10	NA

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
PAT / Total Income	(%)	1.03	0.53	1.72
Net Profit Margin (PBT/Sales)	(%)	1.39	1.32	2.51
Return on Total Assets (PBT/Total Assets}	(%)	1.05	0.90	1.63
Return on Investment (ROI) (PBT/Networth)		0.02	0.02	0.03
Debt Equity Ratio (Total Debt/Networth)		0.67	0.74	0.80
Current Ratio (Current Asset/Current Liability)		1.46	2.05	6.61

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013
	(INR in Mlns.)	(INR in Mlns.)
Share Capital	2037.157	614.050
Reserves & Surplus	5398.050	6906.708
Net worth	7435.207	7520.758
Long-term borrowings	4226.551	3713.400
Short term borrowings	1263.183	1308.171
Total borrowings	5,489.734	5,021.571
Debt/Equity ratio	0.738	0.668

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(INR in Mlns)	(INR in Mlns)	(INR in Mlns)
Revenue from operations	9008.303	9704.651	10498.962
		7.730	8.185

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(INR in Mlns)	(INR in Mlns)	(INR in Mlns)
Revenue from operations	9008.303	9704.651	10498.962
Profit	161.059	53.030	110.000
	1.79%	0.55%	1.05%

LOCAL AGENCY FURTHER INFORMATION

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	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	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

INDEX OF CHARGES:

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10470609	18/11/2013	500,000,000.00	IDBI TRUSTEESHIP SERVICES LIMITED	ASIAN BUILDING, GROUND FLOOR, 17, R KAMANI MARG, BALLARD ESTATE, MUMBAI, MAHARASHTRA - 400001, INDIA	B93659084
2	10441286	07/08/2013	500,000,000.00	THE RATNAKAR BANK LIMITED	SHAHUPURI,KOLHAPUR, KOLHAPUR, MAHARASHTRA - 416001, INDIA	B81310831
3	10399439	01/01/2013	65,000,000.00	THE KARNATAKA BANK LIMITED	KARNATAKA BANK LIMITED, OVERSEAS BRANCH, KASTURBA ROAD, BANGALORE, KARNATAKA - 560001, INDIA	B66649757
4	10238904	27/03/2013 *	1,170,362,499.00	STANDARD CHARTERED BANK	RAHEJA TOWERS,, 26/27, M G ROAD, BANGALORE, KARNATAKA - 560001, INDIA	B71378434
5	10184418	17/11/2009 *	1,386,300,000.00	IL & FS TRUST COMPANY LIMITED	IL & FS FINANCIAL CENTREPLOT NO C22 G BLOCK BANDRA, KURLA COMPLEX BANDRA EAST, MUMBAI, MAHARASHTRA  - 400051, INDIA	A73120396
6	10109304	28/08/2010 *	480,000,000.00	CANARA BANK (LEADER)	PRIME CORPORATE BRANCH, SHANKARANARAYANA BUILDING, NO.25, M G ROAD, BANGALORE, KARNATAKA - 560001, INDIA	A94568656
7	10076851	21/11/2007	50,000,000.00	KARNATAKA BANK LIMITED	KARNATAKA BANK LIMITED, OVERSEAS BRANCH, KASTURBA ROAD, BANGALORE, KARNATAKA - 575002, INDIA	A27670272
8	10027743	19/12/2006 *	450,000,000.00	INTERNATIONAL FINANCE CORPORATION	50-M SHANTIPATH (GATE 3, NEETI MARG), CHANAKYAPURI, NEW DELHI, DELHI - 110021, INDIA	A07653546
9	80034280	17/01/2014 *	565,400,000.00	THE KARANTAKA BANK LIMITED	OVERSEAS BRANCH, ST MARKS ROAD, BANGALORE, KARNATAKA - 560001, INDIA	B94813714
10	80050670	23/03/2013 *	771,000,000.00	ORIENTAL BANK OF COMMERCE	THE LAND MARK, 21/15, M G ROAD, BANGALORE, KARNATAKA - 560001, INDIA	B73136152

* Date of charge modification

Unsecured Loans	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
LONG-TERM BORROWINGS
Fully convertible debentures others	1246.863	1246.863
Public deposits	120.170	125.330
SHORT-TERM BORROWINGS
Other loans and advances	500.449	487.084
Total	1867.482	1859.277

BACKGROUND:

The Company was incorporated as a private limited company as Amalgamated Bean Coffee Trading Company Private Limited on 6 December 1993 under the Companies Act, 1956. Subsequently on 3 February 1997, the status of the Company was changed to a public company and the Company deleted the word Private from its name.

The registered office of the Company is located in Chikmaglur, Karnataka. The Company is a subsidiary of Coffeeday Resorts Private Limited (the ultimate holding company).

The Company is engaged in the business of selling clean coffee to domestic and overseas customers. It is also engaged in the retailing of coffee and other related products through its chain of outlets under the Caf and Xpress kiosks formats, under the brand name Coffee Day. The Company also derives its revenue from retail operations from the sale of coffee beans and other related products and services in respect of coffee vending machines.

SEGMENT REPORTING:

The Company's operations predominantly relate to retail operations and production, procurement and exports division. The Company considers the business segment as the primary segment and geographical segment based on the location of customers as the secondary segment.

The retailing operations comprise retailing of coffee products and other related products (such as food, beverages, other items and merchandise).

The production, procurement and exports division is engaged in selling various grades of coffee in the domestic and international markets.

FIXED ASSETS:

Tangible Assets

· Buildings

· Leasehold improvements

· Plant and machinery

· Office equipment

· Furniture and fittings

· Computers

· Vehicles

· Coffee vending machines

· Leasehold Land

Intangible Assets

· Computer Software

WEBSITE DETAILS:

PRESS RELEASES/ ARTICLES:

CAFE COFFEE DAY GOING SLOW ON GLOBAL PLANS

Move follows failure of multiple joint venture deals, shutting down of operations in Pakistan

March 2, 2013

Cafe Coffee Day (CCD), part of Amalgamated Bean Coffee Trading Company, has been planning to serve the South East Asia some time now, but things have not quite clicked with multiple joint venture deals having failed to work out.

CCD has been eyeing an entry into Philippines, Malaysia, Vietnam and neighboring countries but according to a company official, who heads international operations said that plans got delayed and the company was still in the process of chalking out firmer plans.

“We did not want to hurry and make a mistake. We were in talks with foreign players in those countries, but things could not reach a final conclusion in multiple cases. Things have got delayed but as of now I can only say that we are still in the process of expanding internationally,” said Shwetha Shetty, president (international division), CCD.   
CCD was eyeing a presence in the foreign market on the back of joint venture agreements as it felt that local expertise would help the coffee retail chain to gain a stronger foothold.      

CCD is currently in Czech Republic and Vienna with around 16 stores. The company had acquired a coffee chain in the Czech Republic in 2010 for Rs.150.000 millions and had entered Pakistan as well in 2006, but had to shut operations due to political volatility.  

However, the buzz in the industry is that with global coffee chain major Starbucks entering India, the home grown company is looking to focus more on the domestic business, which is its domain.

When contacted, K Ramakrishnan, president (marketing) CCD, said, “We do not navigate our strategies due to others who enter the market and our core focus has been the domestic market always. Competition is good as it will enhance the organised market but we are not changing our plans owing to that,” he said.           

Currently there are roughly 2,000 cafes in the organised market and roughly 500-600 ‘mom-and-pop’ cafes. So there is high potential in the market, he said. The youth oriented retail coffee chain has recently announced its plan to have 2,000 outlets by 2014. Currently, it has more than 1,400 outlets across the country.  

Branding expert N Chandramouli pointed out that it was always difficult to venture into new soil.

“Starbucks has entered India but they did that after a lot of evaluation and the same applies for CCD when it is looking to expand in foreign countries. While competition will make the organised market bigger, existing biggies are surely keeping a close eye to maintain the leadership,” he said.  

SEQUOIA TO GET 18% RETURN ON CAFE COFFEE DAY EXIT

Plans to launch a $600-million India-focused fund next year

June 7, 2012

Sequoia Capital India Private Limited, one of the leading private equity funds in India with as much as $1.4 billion (around Rs.77000.000 millions) under management, is planning a healthy exit from one of its earlier investments — Amalgamated Bean Coffee Trading Co Limited, an arm of Coffee Day Group that runs the flagship coffee retailing chain, Café Coffee Day.

According to investment bankers close to Sequoia and the Coffee Day Group, the PE fund may sell most of its stake with returns in the range of 16-18 per cent on its investment, made in two tranches of $10 million each in 2006 and 2007.

“The discussions are at advanced stages and a closure is expected shortly. Coffee Day Group is already raising resources to buy back the stake held by Sequoia,” an investment banker close to Coffee Day Group told Business Standard on condition of anonymity.

If Sequoia manages to exit with 16-18 per cent internal rate of return, it will be a healthy one for the fund, bankers and analysts say. However, the gains will still be small compared to the excellent returns it made when the fund recently exited a part of its stake in the Chennai-based Vasan Healthcare. Government of Singapore Investment Corp, the private equity arm of the Singapore government, invested around $100 million in Vasan Healthcare, a part of which went to buy out some stake held by Sequoia.

These two exits come at a time when Sequoia is understood to be planning to launch a $600-million India-focused fund next year.

While V G Siddhartha, chairman of Coffee Day Group, confirmed he was in discussions with investors, Sequoia did not offer any comment on the issue.

After roping in Sequoia to invest in his venture, Siddhartha went on to raise $80 million from Darby Private Equity, an arm of Franklin Templeton, International Finance Corp and Deutsche Group to expand the coffee retailing business. External investors are believed to be holding 35-40 per cent stake in Amalgamated Bean Coffee, while the rest is with the promoters.

It is understood that Siddhartha is raising debt of Rs.1250.000 millions to buy back the stake from Sequoia, with a combination of Rs.1000.000 millions of non-convertible debentures and loans worth Rs.250.000 millions.

The Coffee Day Group, which straddles diverse businesses ranging from coffee retailing to furniture to wealth management, has outlined a Rs.4000.000 millions capital expenditure plan for the current financial year. It is likely to add around 300 cafes this year, at a time when the global coffee retailing company Starbucks Corp is expected to open its first cafe in India in September.

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 records 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.58.48
UK Pound	1	Rs.98.67
Euro	1	Rs.79.81

INFORMATION DETAILS

Analysis Done by :	SUB
Report Prepared by :	SMN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILIRY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	7
--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		63

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.