MIRA INFORM REPORT

Report Date :

19.11.2014

IDENTIFICATION DETAILS

Name :	MAHALAXMI PRABHUPREM FLOUR MILL
Registered Office :	Mauja - Salempur Mudiya, Fatehabad, Shamshabad Road, Agra – 282001, Uttar Pradesh
Country :	India
Date of Establishment :	07.10.2013
Capital Investment :	Not Divulged
PAN No.: [Permanent Account No.]	AAZFM3039J
Legal Form :	Partnership Concern with an Unlimited Liability of the Partners
Line of Business :	Manufacturer of Atta, Maida, Suji etc.
No. of Employees :	40 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (26)

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

Status :	Yet to commence its business operations
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a relatively new partnership concern and is yet to commence its business operations. Management has provided information from which is seems that the project is still in its early stages of development and the process will be completed soon after the sanctioning of the demanded loan facilities. However, business is active. Payment terms are unknown. In view of infancy albeit experienced partners, the concern can be considered for business dealings on a safe and secured 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 – June 1, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
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

N E W S

Verdict Implications : Apex court order may alter coal import dynamics. Traders go slow on talks over coal supply contracts, uncertainty over cancellation of blocks weigh on stocks.

Recent arrest of the Chennai head of the Registrar of Companies, the ministry of corporate affairs arm that ensures that companies file all the information required by the Companies Act is the latest manifestation of a messy fight between a father and his adopted son for the control of Rs 40000 mn business empire. The Central Bureau of Investigation arrested Manumeethi Cholan after he accepted Rs 10 lakhs as bribe from M A M Ramaswamy, a CBI official said.

Central Bureau of Investigation books Electrotherm for cheating Central Bank of Rs 4360 mn.

Infosys maintains revenue guidance. COO Rao says attrition still an area of concern and it would take a few more quarters to bring down levels to 13-15 %.

DHL to invest Euro 100 mn in India over next 2 years. The firm has chosen India to pilot its e-commerce business model for the Asia-Pacific region.

Blackstone may buy stake in BlueRidge SEZ in line with the fund’s real estate strategy in India.

Kingfisher Airlines Ltd grounded in October 2012 under the weight of heavy debt and accumulated losses, recently approached the Delhi high court for relief in two separate cases. The airline challenged a notice by Punjab & National Bank alleging that it had willfully defaulted on Rs 7700 mn of loans and sought more time to comply with the requirements under the listing agreements with the Stock Exchanges.

OnMobile likely to sack another 300 employees. The lay-offs follow a spate of senior-level exits over the past two years, starting with of its founder. The overall lay-offs could number around 600 and are driven by the need to cut costs, says a former employee.

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 31-03-2014.

INFORMATION PARTED BY [GENERAL DETAILS]

Name :	Mr. Balveer Singh
Designation :	Partner
Contact No.:	91-9719355724
Date :	17.11.2014

LOCATIONS

Registered Office/ Factory :	Mauja - Salempur Mudiya, Fatehabad, Shamshabad Road, Agra – 282001, Uttar Pradesh, India
Tel. No.:	Not Available
Mobile No.:	91-9719355724 [Mr. Balveer Singh]
Fax No.:	Not Available
Area :	45000 Sq. ft.
Location :	Leased

PARTNERS

Name :	Mr. Balveer Singh
Designation :	Partner
Address :	Bagh Colony, Fatehabad, Agra, Uttar Pradesh, India
Date of Birth/Age :	10.11.1959
Experience :	6 Years
PAN No.:	ATBPS5779C
Name :	Mr. Sunil Singh
Designation :	Partner
Address :	Bagh Colony, Fatehabad, Agra, Uttar Pradesh, India
Date of Birth/Age :	01.01.1992
Qualification :	Intermediate
Experience :	3 Years
PAN No.:	FGOPS6609Q
Name :	Mr. Subham Singh
Designation :	Partner
Address :	Bagh Colony, Fatehabad, Agra, Uttar Pradesh, India
Date of Birth/Age :	08.10.1995
Qualification :	Intermediate
PAN No.:	FGOPS6540C

BUSINESS DETAILS

Line of Business :	Manufacturer of Atta, Maida, Suji etc.
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

PRODUCTION STATUS

Installed Capacity

20 MT per day for 8 hours

GENERAL INFORMATION

Suppliers :

Reference:	Not Divulged
Name of the Person (Designation):	Not Divulged
Contact Number:	Not Divulged
Since how long known:	Not Divulged
Experience:	Not Divulged
Maximum limit dealt:	Not Divulged

Customers :

Wholesalers and Retailers

Reference:	Not Divulged
Name of the Person (Designation):	Not Divulged
Contact Number:	Not Divulged
Since how long known:	Not Divulged
Experience:	Not Divulged
Maximum limit dealt:	Not Divulged

No. of Employees :

40 (Approximately)

Bankers :

Bank Name:	Bank of India
Branch:	Fatehabad Branch, Agra, Uttar Pradesh, India
Person Name (with Designation):	Mr. Sunny Raghav [Branch Manager]
Contact Number:	91-9557754265
Name of Account Holder:	Mahalaxmi Prabhuprem Flour Mill
Account Number:	725320110000240
Account Since (Date/ Year of A/c Opening):	03.01.2014
Average Balance Maintained (Optional):	Not Divulged
Credit Facilities Enjoyed (CC/OD/Term Loan):	New
Account Operation:	Satisfactory
Remarks: Having current account with the bank. Not much transaction is done. It’s a new company and not yet started the business activity.

Facilities :

Credit Limit = Rs. 5.000 Millions

Auditors :
Name :	Ravindra Kumar Jain Chartered Accountant
Address :	15, Nehru Nagar, Agra, Uttar Pradesh, India
Tel. No.:	91-9319206633
E-Mail :	singhjain@rediffmail.com
Collaborations :	No foreign collaboration is expected in future.
Associates/Subsidiaries :	--

CAPITAL STRUCTURE

Capital Investment :
Owned :	Not Divulged
Borrowed :	Not Divulged
Total :	Not Divulged

FINANCIAL DATA

[all figures are in Rupees Millions]

NEW BUSINESS

Note : Sole Proprietary and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry.

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	No
12]	Profitability for last three years	No
13]	Reasons for variation <> 20%	--
14]	Estimation for coming financial year	Yes
15]	Capital in the business	No
16]	Details of sister concerns	No
17]	Major suppliers	No
18]	Major customers	No
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	Yes
25]	Conduct of the banking account	--
26]	Buyer visit details	--
27]	Financials, if provided	No
28]	Incorporation details, if applicable	No
29]	Last accounts filed at ROC	No
30]	Major Shareholders, if available	No
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	No

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COST OF PROJECT

(RS. IN MILLIONS)

PARTICULARS	AMOUNT
Land and Site Development	On Lease
Building	10.400
Plant and Machinery	11.700
Misc. fixed assets	0.200
Margin Money for Working Capital	1.700
Other Current Assets and Securities	0.400
Interest During Construction Period (IDCP`)	0.600
Escalation Claims and Contingencies	0.500
Preliminary and Pre-Operative Expenses	0.300
TOTAL	25.800

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MEANS OF FINANCE

(RS. IN MILLIONS)

PARTICULARS	AMOUNT
Partners’ Capital	8.600
Term Loan	15.000
Venture Capital assistance from SFAC	2.200
TOTAL	25.800

NOTE: The Project will be eligible for Rs. 5.000 Millions grant from National Food Processing Mission.

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CALCULATION OF DSCR

(RS. IN MILLIONS)

PARTICULARS	2015	2016	2017	2018	2019	2020
Profit after Tax	1.780	1.874	2.604	3.172	3.778	4.072
Depreciation	2.985	2.605	2.276	1.991	1.744	1.470
Interest on Term Loan	1.800	1.594	1.322	1.040	0.750	0.450
TOTAL [A]	6.565	6.072	6.201	6.203	6.272	5.992
Interest on Term Loan	1.800	1.594	1.322	1.040	0.750	0.450
Term Loan Installments	1.200	2.100	2.256	2.244	2.400	2.400
TOTAL [B]	3.000	3.694	3.578	3.284	3.150	2.850
DSCR Ratio [A / B]	2.19	1.64	1.73	1.89	1.99	2.09
Average Ratio	1.73

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CALCULATION OF NET WORKING CAPITAL

(RS. IN MILLIONS)

PARTICULARS	Holding Period	2015	2016	2017	2018	2019	2020
Cost of Raw Material	45	6.570	7.372	8.042	8.712	9.382	10.052
Finished Goods [Cost of Production *5/250]	5	0.830	0.921	0.999	1.079	1.161	1.246
Debtors [Sales / 250*3]	3	0.553	0.620	0.676	0.733	0.789	0.846
TOTAL		7.954	8.912	9.717	10.523	11.332	12.144
Less: Creditors	8	1.168	1.310	1.430	1.549	1.668	1.787
TOTAL		6.786	7.601	8.287	8.975	9.664	10.357
Less: Margin @ 25%		1.696	1.900	2.072	2.244	2.416	2.589
Working Capital		5.089	5.701	6.215	6.731	7.248	7.768
Required		5.000

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PROJECTED BALANCE SHEET

(RS. IN MILLIONS)

PARTICULARS	2015	2016	2017	2018	2019	2020
LIABILITIES
Partners’ Capital	8.600	8.600	8.600	8.600	8.600	8.600
Reserve and Surplus	1.780	3.654	6.257	9.429	13.208	17.280
Term Loan from Bank	13.800	11.700	9.444	7.200	4.800	2.400
VCA from SFAC	2.200	2.200	2.200	2.200	2.200	2.200
Cash Credit Limit	5.000	5.000	5.000	5.000	5.000	5.000
Sundry Creditors	1.168	1.310	1.430	1.549	1.668	1.787
Current Liabilities	0.000	0.050	0.060	0.070	0.080	0.090
TOTAL	32.548	32.514	32.991	34.048	35.556	37.357
ASSETS
Opening WDV of Fixed assets	23.400	20.475	17.930	15.715	13.784	12.100
Depreciation	2.925	2.545	2.216	1.931	1.684	1.470
Closing WDV of Fixed assets	20.475	17.930	15.715	13.784	12.100	10.631
Stock of Finished Goods	0.830	0.921	0.999	1.079	1.161	1.246
Stock of Raw Material	6.570	7.372	8.042	8.712	9.382	10.052
Sundry Debtors	0.553	0.620	0.676	0.733	0.789	0.846
Other Current Assets	0.400	0.410	0.420	0.430	0.440	0.450
Cash and Bank Balance	3.479	5.082	7.020	9.251	11.683	14.133
Preliminary and Pre-operative Expenses	0.240	0.180	0.120	0.060	0.000	0.000
TOTAL	32.548	32.514	32.991	34.048	35.556	37.357

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PROJECTED PROFITABILITY STATEMENT

(RS. IN MILLIONS)

PARTICULARS	2015	2016	2017	2018	2019	2020
CAPACITY UTILISATION	50%	55%	60%	65%	70%	75%
Total Sales	46.109	51.642	56.364	61.069	65.774	70.479
Less: Cost of Production
Raw Material consumed	36.500	40.953	44.676	48.399	52.122	55.845
Power and Fuel	1.375	1.664	1.997	2.379	2.818	3.322
Direct Labour Wages, Salaries	0.522	0.632	0.758	0.903	1.070	1.261
Repair and Maintenance	0.200	0.240	0.280	0.320	0.360	0.400
Depreciation	2.925	2.545	2.216	1.931	1.684	1.470
TOTAL	41.522	46.033	49.926	53.932	58.054	62.297
Add: Opening stock of finished goods	0.000	0.830	0.921	0.999	1.079	1.161
Sub-total	41.522	46.864	50.847	54.931	59.133	63.458
Deduct: Closing stock of finished goods	0.830	0.921	0.999	1.079	1.161	1.246
Gross Profit	5.417	5.699	6.515	7.217	7.802	8.267
Administrative and Selling Expenses	1.153	1.291	1.409	1.527	1.644	1.762
Financial Expenses
Interest on Working Capital Loan	0.625	0.625	0.625	0.625	0.625	0.625
Interest on Term Loan	1.800	1.594	1.322	1.040	0.750	0.450
Preliminary Expenses w/o	0.060	0.060	0.060	0.060	0.060	0.000
Total Indirect Expenditure	3.638	3.570	3.416	3.252	3.079	2.837
Profit before Tax	1.780	2.129	3.100	3.965	4.723	5.430
Less: Provision for Income Tax	0.000	0.256	0.496	0.793	0.945	1.357
Profit after Tax	1.780	1.874	2.604	3.172	3.778	4.072
Add: Non-Cash Charges [Depreciation on Assets and Preliminary Expenses]	2.985	2.605	2.276	1.991	1.744	1.470
Cash Inflow	4.765	4.479	4.880	5.163	5.522	5.542

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PROJECTED FUND FLOW STATEMENT

(RS. IN MILLIONS)

PARTICULARS	2015	2016	2017	2018	2019	2020
SOURCES OF FUNDS
Partner Capital	8.600	0.000	0.000	0.000	0.000	0.000
Term Loan	15.000	0.000	0.000	0.000	0.000	0.000
Cash Credit Limit	5.000	0.000	0.000	0.000	0.000	0.000
VCA from SFAC	2.200	0.000	0.000	0.000	0.000	0.000
Sundry Creditors	1.168	0.142	0.119	0.119	0.119	0.119
Current Liabilities	0.000	0.050	0.010	0.010	0.010	0.010
Cash Accruals	4.765	4.479	4.880	5.163	5.522	5.542
TOTAL	36.733	4.671	5.009	5.292	5.651	5.671
APPLICATION OF FUNDS
Land and Site Development	On Lease	0.000	0.000	0.000	0.000	0.000
Building	10.400	0.000	0.000	0.000	0.000	0.000
Plant and Machinery	11.700	0.000	0.000	0.000	0.000	0.000
Misc. Fixed Assets	0.200	0.000	0.000	0.000	0.000	0.000
Sundry Debtors	0.553	0.066	0.057	0.056	0.056	0.056
Stock of Finished Goods	0.830	0.090	0.078	0.80	0.082	0.085
Stock of Raw Material	6.570	0.802	0.670	0.670	0.670	0.670
Other Current Assets	0.400	0.010	0.010	0.010	0.010	0.010
Repayment of T/L	1.200	2.100	2.256	2.244	2.400	2.400
Repayment of VCA	0.000	0.000	0.000	0.000	0.000	0.000
Pre-operative Expenses	0.300	0.000	0.000	0.000	0.000	0.000
Escalation Claims and Contingencies	0.500	0.000	0.000	0.000	0.000	0.000
IDCP	0.600	0.000	0.000	0.000	0.000	0.000
TOTAL	33.254	3.068	3.071	3.061	3.219	3.221
Opening Balance	0.000	3.479	5.082	7.020	9.251	11.683
Surplus/ Deficit	3.479	1.603	1.938	2.231	2.432	2.449
Closing Balance	3.479	5.082	7.020	9.251	11.683	14.133

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SECURITIES

Term Loan	The proposed loan shall be secure against hypothecation of plant and machinery and equitable mortgage of land and building of flour mill
Working Capital	The working capital shall be secured against stock and book debts.

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PROJECT REPORT

INTRODUCTION

Cottage scale units adopting more scientific and standardized methods when established in vicinity of rural areas where the wheat is grown in large scale would not only help the rural employment generation, but also the ruralle'eonomy'v0111, better utilization of the available resources. This is an era of economic liberalization where the private / public and cooperative sectors play their rightful role in development of food processing industries

In the present scenario the needs and habits of people have changed drastically. With the increasing urbanization the availability of time and manpower is on a declining trend. Therefore a big demand for food products for easy preparation of good hygienic food at a reasonable cost always exists. Flour being one of the basic eatables in India has always been the first priority. It is understandable that screening and grinding by hand or by power operated “chakkies” is a time consuming process. Hence there is always a demand for readymade wheat products in the Market.

Around 820 large Flour Mills in the country convert 10.5 million tones of wheat into wheat products but still the demand is not met out due to large population. Therefore the Partners of the Firm Mahalaxmi Prabhuprem Flour Mills have decided to set up a flour mill at Mauza-Salempur, Fatehabad, Shamshabad Road, Agra with an installed capacity of processing 40 MT of wheat per day.

WHY INVEST IN FOOD PROCESSING SECTOR?

Ø India is the seventh largest country, with extensive administrative structure and infrastructural network having population of over 100 Million and Flour being one of the essential food requirements

Ø Only a small percentage of total wheat production is processed into value added products.

Ø An average Indian spends 50% of household expenditure on food items.

Ø Demand for processed / convenience food is constantly on the rise.

Ø Liberalized overall policy regimes, with scientific incentives for high priority food processing sector provide a very conducive environment for investments and exports in the Sector.

THE PARTNERS

All the Partners of the Firm are family members. The Partners already involved in the business of running Brick Bhatti. The business of family are running successfully since long. The Partners have good reputation in the locality and have good business skills. Mr. Balveer Singh has also worked in the area of flour Mill for many years. So, he has a decent knowledge about the project.

Looking towards the demands of flour mill in the area the Partners have decided to return back to the roots by setting up a flour mill at Mauza-Salempur, Fatehabad, Shamshabad Road, Agra. All the partners have full enthusiasm to take the project to new height

MANUFACTURING PROCESS

1. WHEAT SELECTION

There are different qualities of wheat, varying in the composition of proteins, carbohydrates, vitamins etc. Selection of wheat depends upon the quality of flour, sometimes wheat of different grades is blended together in the Milling Process.

2. CLEANING

In the Cleaning process wheat is first relived of all its impurities like dust, strings, stones, particulars etc. This is done in several stages with the help of different machines such as wheat cleaning separator etc. Thereafter wheat is stored in large bins generally made of wood / steel of concrete. The wheat is allowed to rest in these bins for a certain number of hours and then taken for milling.

3. MILLING

In this process the final grinding of crushing wheat takes place. Wheat after being thoroughly cleaned and washed is brought to this section by the help of elevators from the bins.

The grinding of wheat is done by the Roller Mill Machine in which two rools run in opposite directions and at different speeds. The break rools have a tendency to open up the grain and scrap the endosperm for making Maida and Suzi. The whole system is termed as gradual reduction. Thereafter separators are used to separate flour and bran.

Various additives like vitamins and minerals may be added to flour to improve nutritional value. Other additives which may be added are blenching agents and improves.

COST OF PROJECT

1. LAND AND SITE DEVELOPMENT

The Land for the proposed project is situated at Mauza-Salempur, Fatehabad, Shamshabad Road, Agra. It is in the name of Mrs. Sunita Devi, W/o Mr. Balveer Singh (1/3 part) and Mrs. Ramwati Devi, W/o Mr. Veerpal Singh (28 Part). The Land for the proposed project is taken on lease from the parties mentioned above. The site is well connected with roads and is in the fully developed area. The total area of land is sufficient enough to carry out the said activity. The proposed land is on lease.

2. DETAILS OF BUILDING

As per the Architect's estimate attached, the total cost of building construction is Rs. 10.400 Millions. The quality of construction would be RCC and good brick work and paints. The details of building and civil work are given in the Architect's estimate attached.

3. PLANT AND MACHINERY

The total cost of Plant and Machinery to be purchased by the firm is Rs. 11.700 Millions. All plant and machinery shall be purchased from the indigenous manufacturers. Bank loan is also required for purchase of Plant and Machinery at 25% margin.

4. MISC. FIXED ASSETS

Misc. Fixed Assets to the extent of Rs.0.200 Million have been considered in the cost of project which mainly includes item like furniture and fixtures, computer etc.

5. WORKING CAPITAL MARGIN

Margin money for working capital has been calculated at Rs 1.700 Millions. The detailed calculation of margin money has been given in the financial part of the project report.

6. OTHER CURRENT ASSETS AND SECURITIES

Other Current Assets and Securities to the extent of Rs.0.400 Million mainly includes electric security and various other security deposits, investment in other current assets to be made by the firm.

7. IDCP

A sum of Rs.0.600 Million has been provided under is head to meet out the interest expenses during the construction period.

8. PRELIMINARY AND PRE-OPERATIVE EXPENSES

A sum of Rs.0.300 Million has been provided under this head to meet out Preliminary and Preoperative expenses.

9. ESCALATION CLAIMS AND CONTINGENCIES

Escalation Claims and Contingencies have been estimated at Rs. 0.500 Million for meeting expenses relating to rise in the price of Fixed Assets.

MEANS OF FINANCE

1). BANK FINANCE

A Term Loan of Rs. 15.000 Millions is required from bank for construction of building, for purchase of plant and Machinery and for electrification, utilities and other common facilities. In addition to the term loan a working capital limit of Rs.5.000 Million for is further required by the Firm from the bank for meeting working capital requirement of the unit.

2). VCA FROM SFAC: RS. 2.200 MILLIONS

The firm is entitled to Venture Capital Assistance to the extent of 10% of Project cost or 26% of Capital, whichever is lower. Until the amount is received from SFAC, the Fund will be arranged by taking Unsecured loan from Partners and friends and relatives.

RAW MATERTAL

The raw materials required for the project are:

1. Wheat: Wheat is cultivated on a large scale in India. The wheat can be purchased either from the Government which supplies it at fixed price or it can be purchased from the open market, which is easily available. Further wheat is the main crop of Aligarh which is near to Agra region hence there shall not be any problem of raw material for the unit.

2. Packing Material: Packing Material like cloth bags, polypropylene bags etc. are easily available in the market.

POWER

The unit wants to apply for a power sanction of 250 KVA to run the project for 250 day per annum with Single shift per day having total of 8 working hours.

LABOUR

The Partners shall be actively engaged in the supervision of the project. Further requisite skilled / unskilled labour shall be indicated for the venture.

SCHEDULE OF IMPLEMENTATION

The basic civil work for Building of the proposed project has already been started by the Firm. It is expected that the Firm shall be able to commence its commercial production with in four months of disbursement of banks loan.

The month wise implementation schedule of the project is here as under:

SR. NO.	NATURE OF ACTIVITY	PRESENT STATUS	DATE OF COMPLETION
1	Acquisition of Land	Already Acquired	Already Acquired
2	Site Development of Land	Already Started	Already Done
3	Building Construction	Started	December 2014
4	Procurement of Plant and Machinery	October 2014	February 2015
5	Electricity and Power	Applied for	February 2015
6	Commencement of Trial Production	March 2015	March 2015
7	Commercial Production	April 2015	April 2015

MARKET

The partners of the Firm has decided to opt for a step by step marketing strategy on a massive scale. Wholesalers shall be appointed by the Firm who in turn shall supply products to the retailers and finally to the customers. The Firm shall cover states of Uttar Pradesh, Madhya Pradesh and Rajasthan and other states as its market. Further the support of media, electronics as well as paper shall be taken to increase demand of readymade wheat products. There will be not much difficulty in marketing of the products.

As the grain would remain principal source of Indian food supplier in the near future, the present flour mills capacity is insufficient to meet the ever growing requirement of wheat products. Thus there is a very good scope of setting up a Flour Mill.

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VALUATION REPORT

PROPERTY IN NAME OF MR. PRAMENDRA SINGH S/O MR. RAJENDRA SINGH

LOCATED AT PLOT AT SHIVAJI NAGAR, BEHIND BUS STAND, FATEHABAD, AGRA

(GENERAL DETAILS)

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

18.01.2014

Name of the Owner / Owners

Mr. Pramendra Singh [Mobile No.: 91-9761086001]

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Sole Ownership

Brief description of the property

It is an Open Plot with Outer B/wall

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
45’-0”	45’-0”
45’-0”	45’-0”
25’-0”	25’-6”
25’-0”	25’-6”

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Plot Meena Devi	Prop. Rakesh Goswani
Land Son Pal	Government Land
10’ wd. Rasta	10’ wd. Rasta
Land Rishi Kumar	Land Rishi Pandit

Location, Street, Ward No.

Plot at Shivaji Nagar, Behind Bus Stand, Fatehabad, Agra

Survey/Plot No. of Land

--

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial Area

Residential Area

Classification of Locality – High class/ Middle Class/ Poor class?

MIG

Proximity to civic amenities like School, Hospitals, cinema etc.

All within 1.00 Km. of Property

Means and proximity to surface communication by the locality is served

B.T. Road

Area of land supported by documentary proof, shape, dimensions and physical features

Land Area = 104.55 Sq. Mt.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard of use of land? If so, attach a copy of the convenant

Residential

Are there any agreements of easements? If so attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any Statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give date of the notification

NA

Furnish technical details of the building on a separate sheet (The Annexure to this Form may be used)

NA

Is the building owner-occupied / tenanted / both?

Owner Occupied

If partly owner-occupied, specify portion and extent of area under owner-occupation

NA

What is the Floor Space Index Permissible and percentage actually utilized?

NA

· Names of tenants/ lessees etc.

· Portions in their occupation

· Monthly or annual rent / compensation / licence fee etc. paid by each

· Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates of the owner?

NA

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ganges, built in wardreobes etc. or for service charges? If so, give details

NA

Give details of water and electricity charges if any, to be borne by the owner

NA

Ha the tenant to bear the whole or part of the cost of repairs and maintenance? Give particulars

NA

If a lift is installed, who is to bear the cost of maintenance and operation owner or tenant

No

If a pump is installed who has to bear the cost of maintenance and operation owner or tenant?

NA

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. owner or tenant?

NA

What is the amount of property tax? Who is the bear it? Give details with documentary proof

NA

Is the building insured? If so, give the policy no. amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

Has any standard rent been fixed for the premises under any law relating to the control of rent?

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration no., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 6000/- per Sq. Mt.

Dimensions of the plot

As per deed

Total area of the plot

104.55 Sq. Mt.

Prevailing market rate

Rs. 6000/- per Sq. Mt.

Guideline rate obtained from the Register Office

Rs. 3000/- per Sq. Mt.

Assessed adopted rate of valuation

Rs. 6000/- per Sq. Mt.

Estimated value of the land

Rs. 0.627 Million

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	0.627
Part II: Building	--
Total	0.627

The overall fair market value of the property = Rs. 0.625 Million

The realisable sale value of the property may reduce to Rs. 0.500 Million

The guideline rate value of the property = Rs. 0.313 Million

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mr. Pramendra Singh

Address

Shivaji Nagar, Fatehabad

Mobile No.

91-9761086001

Dimension of the property

Boundaries of the property

North

South

East

West

Prop. Rakesh Goswani

Government Land

Rasta

Land Rishi Pandit

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VALUATION REPORT

PROPERTY IN NAME OF MR. VIRENDRA SINGH S/O MR. PRABHU DAYAL AND MRS. ANGOORI DEVI W/O MR. PRABHU DAYAL

LOCATED AT PROPERTY 15, 16, MAUJE GARHI DARIYA, FATEHABAD, AGRA

(GENERAL DETAILS)

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

28.06.2014

Name of the Owner / Owners

Mr. Virendra Singh [Mobile No.: 91-9719355724]

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Joint Ownership

Brief description of the property

It is a Double Story Building having 2 Shop at Ground Floor, 1 Room at First Floor. The area in possession is more.

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
16’7”	21’
16’7”	21’
21’5”	22’
21’5”	22’

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Road	Road
10’ wd. Gali	10’ wd. Gali
Shop Om Prakash	Shop Om Prakash
Stair	Stair

Location, Street, Ward No.

Mauje Garhi Dariya, Fatehabad

Survey/Plot No. of Land

Plot No. 15, 16

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial Area

Commercial Area

Classification of Locality – High class/ Middle Class/ Poor class?

Commercial

Proximity to civic amenities like School, Hospitals, cinema etc.

Opposite Fatehabad Block

Means and proximity to surface communication by the locality is served

B.T. Road / Agra Bah Road

Area of land supported by documentary proof, shape, dimensions and physical features

33.50 Sq. Mt.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard of use of land? If so, attach a copy of the convenant

Commercial

Are there any agreements of easements? If so attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any Statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give date of the notification

NA

Furnish technical details of the building on a separate sheet (The Annexure to this Form may be used)

As per Technical Details

Is the building owner-occupied / tenanted / both?

Owner Occupied

If partly owner-occupied, specify portion and extent of area under owner-occupation

NA

What is the Floor Space Index Permissible and percentage actually utilized?

FSI Used = 1.57

FSI permitted = 1.50

· Names of tenants/ lessees etc.

· Portions in their occupation

· Monthly or annual rent / compensation / licence fee etc. paid by each

· Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates of the owner?

NA

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ganges, built in wardreobes etc. or for service charges? If so, give details

NA

Give details of water and electricity charges if any, to be borne by the owner

NA

Ha the tenant to bear the whole or part of the cost of repairs and maintenance? Give particulars

NA

If a lift is installed, who is to bear the cost of maintenance and operation owner or tenant

No

If a pump is installed who has to bear the cost of maintenance and operation owner or tenant?

NA

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. owner or tenant?

NA

What is the amount of property tax? Who is the bear it? Give details with documentary proof

NA

Is the building insured? If so, give the policy no. amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law?

NA

Has any standard rent been fixed for the premises under any law relating to the control of rent?

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration no., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 15000/- per Sq. Mt. for land in this location.

Dimensions of the plot

16’6” x 21’5”

Total area of the plot

33.50 Sq. Mt.

Prevailing market rate

Rs. 15000/- per Sq. Mt.

Guideline rate obtained from the Register Office

Rs. 170/- per Sq. Mt. capitalized 300 times or Rs. 51000/- Sq. Mt.

Assessed adopted rate of valuation

Rs. 15000/- per Sq. Mt. only Land

Estimated value of the land

Rs. 0.503 Million

Year of commencement of construction and year of completion

2008

What was the method of construction by contract by employing labour directly / both

Direct Labour

For items of work done on contract, produce copies of agreements

No

For items of work done by engaging labour directly, give basic rtes of materials and labour supported by documentary proof.

NA

DETAILS OF VALUATION

Particulars of items	Plinth area	Estimated replacement rate	Replacement cost (Rs. in Millions)	Depreciation (Rs. in Millions)	Net Value (Rs. in Millions)
Covered Area	58.00 Sq. Mt.	Rs. 8000/- Sq. Mt.	0.464	0.056	0.408
Total					0.408

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	0.503
Part II: Building	0.408
Part III: Commercial value of Two shop	2.000
Total	2.911

The overall fair market value of the property = Rs. 2.900 Millions

The realisable / Distress sale value of the property may reduce to Rs. 2.500 Millions

The Guideline rate value of the property = Rs. 1.950 Millions

TECHNICAL DETAILS

No. of floors and height of each floor

Double Story

Plinth area floor wise [As per IS: 3861-1966]

Ground Floor	33.50 Sq. Mt. at site is more
First Floor	24.50 Sq. Mt.
Total	58.00 Sq. Mt.

Year of construction

2008

Estimated future life

44 Years

Type of construction – Load bearing walls/ RCC frame/ steel frame

Load Bearing

Type of foundations

Spreading foot

Walls

9” Thick Brick wall

Partitions

9” Thick Brick wall

Doors and windows [Floor-wise]

Wooden Chaukhat Paneled Door

Flooring [Floor-wise]

P.C.C

Finishing [Floor-wise]

Normal

Roofing and terracing

G/Stone

Special architectural or decorative features, if any

No

Internal wiring – surface or conduit

Class of fittings: Superior / ordinary/ poor

P.V.C. Beading

Sanitary Installation

No

Class of fittings: Superior

No

Compound wall

No

No. of lifts and capacity

No

Underground pump – capacity and type of construction

NA

Overhead tank

NA

Pump – No. and their horse power

NA

Roads and paving within the compound approximate area and type of paving

NA

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mr. Virendra Singh and Mrs. Angoori Devi

Address

Plot No. 15, 16, Mauje Gorhi Dariya, Fatehabad

Mobile No.

91-9719355724

Dimension of the property

Boundaries of the property

North

South

East

West

Road

10’ wd. Gali

Shop Om Prakash

Stair

Width of Road

60’

Year of Construction

2008

Roof

G/Stone

Floor

P.C.C.

Joinery

Wooden Chaukhat Paneled Door

------------------------------------------------------------------------------------------------------------------------------

VALUATION REPORT

PROPERTY IN NAME OF MR. SHIV NATH SINGH CHAUHAN S/O MR. RAM NATH SINGH CHAUHAN

LOCATED AT H. NO. 102, PROPERTY NO. 422, NEW YADAV COLONY, SHIKOHABAD

(GENERAL DETAILS)

Purpose of valuation

Bank Finance

Date of Inspection

06.07.2014

List of Documents handed over to the valuer by the branch

Photo Copy of Registry Copy

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Sole Ownership

Brief description of the property

It is a Double story + Basement Residential Building House having 5 Room, 2 Kitchen, 1 lobby, 2 WC and Bath, on Ground Floor and 4 Room, 2 Kitchen, 2 WC and Bath on First floor Sale Deed No. 223 for Rs. 4900/-

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
9.14 m.	30’
9.14 m.	30’
15.24 m.	50’
15.24 m.	50’

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Prop. Rameshwar	Prop. Rameshwar
Prop. Seller	Prop. Seller
8’ wd Rasta	8’ wd Rasta
12’ wd Rasta	12’ wd Rasta

Site verified in presence of (Name: Owner / Representative)

Mr. Rishi [91-8273561300]

Whether covered under corporation/ Panchayat/ Municipality

Nagar Palika

Whether covered under any land ceiling of state/ central government

No

Any specific identification marks [like electric pole No., dug well etc.]

Near Bus Stand

Is the land freehold/ leasehold. Are there any restrictive covenants in regard to use of land? If so attach a copy of the covenant

Freehold

Type the property – whether

Residential

Year of acquisition / Purchase

1979

Value of purchase price

Rs. 4900/-

CLASSIFICATION OF THE SITE

Population group

Urban

High/ Middle/ Poor Class

MIG

Residential/ Non-Residential

Residential

Development of surrounding area

Good

Possibility of any threat to the property [Floods, Calamities etc.]

No

Proximity to civic amenities [like School, Hospitals, cinema etc.]

All within 1.00 Km. of Property

Terrain of the land

Plain

Shape of the [square / rectangle etc.]

Rectangle

Whether the plots is under town planning approved layout

NA

Whether the plots is intermittent or Corner

Intermittent

Whether any Road facility is available [B.T. / Cement Road etc.]

Inter Locking

Front width of the road

12’

Source of water and water potentially

Water Tank Supply

Type of Sewerage System

By Drain

Availability of power supply

UPSEB Feeder

Give instance of sales of immovable property in the locality on a separate sheet indicating the name and address of property, registration no. sale price and area of land sole

As per enquiries made Lands in this area transact for Rs. 10000/- per Sq. Mt.

PROPERTY DETAILS

Dimensions of the plot

30’ x 50’

Total area of the plot

140.00 Sq. Mt.

Prevailing market rate

Rs. 10000/- per Sq. Mt.

Guideline rate obtained from the Register Office

Rs. 4500/- per Sq. Mt.

Assessed adopted rate of valuation

Rs. 10000/- per Sq. Mt.

Estimated value of the land

Rs. 1.400 Millions

VALUATION OF THE BUILDING PROPERTY

Type of building [Residential / Commercial / Industrial]

Residential

Year of construction

1999 and later

Future life of the property

50 Years

No. of floor and height of each floor including basement

Double Storied 10’ height

Plinth area of each floor

Basement	13.00 Sq. Mt.
Ground Floor	140.00 Sq. Mt.
First Floor	108.00 Sq. Mt.
Total	261.00 Sq. Mt.

Type of construction I (Load bearing / RCC/ Steel/ Framed)

Load Bearing

CONDITION OF THE BUILDING

External [Excellent/ Good / Normal/ Poor]

Good

Internal [Excellent/ Good / Normal/ Poor]

Good

Whether the building/ property is constructed strictly according to the sanctioned plan, details of variations noticed is any and effect of the same of the valuation

NA

SPECIFICATION OF CONSTRUCTION

Foundation

Spreading Foot

Superstructure

9”th Brick Wall

Roof work

R.B.C.

Floor

Mosaik, P.C.C.

Joinery

Angle iron chaukhat/ Penneld door

Any special finishing

No

Whether any weather proof course is provide Drainage

NA

Compound wall [Height, Length and type of construction]

NA

Electric installation [Type of wire, class of fitting]

P.V.C. Beading

Plumbing installation [No. of water costs and wash basins etc.] Bore well

Average

Wardrobes, if any

Included

Development of open in the house

Fair

DETAILS OF VALUATION

PARTICULARS OF ITEM	PLINTH AREA	ESTIMATED REPLACEMENT RATE	REPLACEMENT COST (RS. IN MILLIONS)	DEPRECIATION (RS. IN MILLIONS)	NET VALUE (RS. IN MILLIONS)
Covered area	261.00 Sq. Mt.	Rs. 12000/- Sq. Mt.	3.132	0.522	2.610
Total					2.610

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	1.400
Part II: Building	2.610
Part III: Proposed Construction	--
Total	4.010

The overall fair market value of the property = Rs. 4.000 Millions

The realisable sale value of the property may reduce to Rs. 3.500 Millions

The Guideline rate value of the property = Rs. 3.240 Millions

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mr. Shiv Nath Singh Chauhan

Address

H. No. 102, New Yadav Colony, Shikohabad

Mobile No.

91-8273561300

Dimension of the property

Boundaries of the property

North

South

East

West

Prop. Rameshwar

Prop. Ramsevak

8’ wd. Road

12’ wd. Rasta

Municipality No.

102

UPSEB Connection No.

16573

Approved status

--

Land rate to be suggested

--

Width of Road

12’

Building Specification

Year of Construction

1999

Roof

R.B.C., R.C.C.

Floor

P.C.C.

Joinery

Angle wooden Chaukhat Paneled door

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VALUATION REPORT

PROPERTY IN NAME OF MR. BENI RAM S/O MR. JASRAM AND MR. OM PRAKASH S/O MR. VEDRIYA RAM

LOCATED AT PROPERTY NO. 13 AND 14, MAUJE GARHI DARIYA, FATEHABAD

(GENERAL DETAILS)

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

28.06.2014

Name of the Owner / Owners

Mr. Beni Ram, Mr. Om Prakash

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Joint Ownership

Brief description of the property

It is a Double Story Building having 2 Shop at Ground Floor, 1 Room at First Floor

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
16’7”	17’6”
16’7”	17’6”
21’5”	22’
21’5”	22’

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Road	Road
10’ wd Gali	10’ wd Gali
Prop. No. 11, 12	Others Property
Prop. Prabhu Dayal	Owner Prop.

Location, Street, Ward No.

Mauje Garhi Dariya, Fatehabad

Survey/Plot No. of Land

Prop. No. 13 and 14

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial Area

Commercial Area

Classification of Locality – High class/ Middle Class/ Poor class?

HIG

Proximity to civic amenities like School, Hospitals, cinema etc.

Opposite Fatehabad Block

Means and proximity to surface communication by the locality is served

B.T. Road

Area of land supported by documentary proof, shape, dimensions and physical features

33.50 Sq. Mt.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard of use of land? If so, attach a copy of the convenant

Commercial

Are there any agreements of easements? If so attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any Statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give date of the notification

NA

Furnish technical details of the building on a separate sheet (The Annexure to this Form may be used)

As per Technical details

Is the building owner-occupied / tenanted / both?

Owner Occupied

If partly owner-occupied, specify portion and extent of area under owner-occupation

NA

What is the Floor Space Index Permissible and percentage actually utilized?

FSI Used = 1.32

FSI Allowed = 1.50

· Names of tenants/ lessees etc.

· Portions in their occupation

· Monthly or annual rent / compensation / licence fee etc. paid by each

· Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates of the owner?

NA

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ganges, built in wardrobes etc. or for service charges? If so, give details

NA

Give details of water and electricity charges if any, to be borne by the owner

NA

Ha the tenant to bear the whole or part of the cost of repairs and maintenance? Give particulars

NA

If a lift is installed, who is to bear the cost of maintenance and operation owner or tenant

No

If a pump is installed who has to bear the cost of maintenance and operation owner or tenant?

NA

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. owner or tenant?

NA

What is the amount of property tax? Who is the bear it? Give details with documentary proof

NA

Is the building insured? If so, give the policy no. amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

Has any standard rent been fixed for the premises under any law relating to the control of rent?

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration no., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 15000/- per Sq. Mt.

Dimensions of the plot

16’6” x 21’5”

Total area of the plot

33.50 Sq. Mt.

Prevailing market rate

Rs. 15000/- per Sq. Mt.

Guideline rate obtained from the Register Office

Rs. 170/- per Sq. Mt. capitalized 300 times

Assessed adopted rate of valuation

Rs. 15000/- per Sq. Mt.

Estimated value of the land

Rs. 0.502 Million

Year of commencement of construction and year of completion

2008

What was the method of construction by contract/ by employing labour directly / both?

Direct labour

For items of work done on contract, produce copies of agreements

No

For items of work done by engaging labour directly, give basic rtes of materials and labour supported by documentary proof.

NA

DETAILS OF VALUATION

PARTICULARS OF ITEM	PLINTH AREA	ESTIMATED REPLACEMENT RATE	REPLACEMENT COST (RS. IN MILLIONS)	DEPRECIATION (RS. IN MILLIONS)	NET VALUE (RS. IN MILLIONS)
Covered area	45.00 Sq. Mt.	Rs. 8000/- Sq. Mt.	0.360	0.043	0.317
Total					0.317

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	0.502
Part II: Building	0.317
Part III: Commercial value of 2 Shop	2.000
Total	2.819

The overall fair market value of the property = Rs. 2.800 Millions

The realisable sale value of the property may reduce to Rs. 2.500 Millions

The Guideline rate value of the property = Rs. 1.825 Millions

TECHNICAL DETAILS

No. of floors and height of each floor

Double Story

Plinth area floor wise [As per IS: 3861-1966]

Ground floor	33.50 Sq. Mt.
First Floor	11.50 Sq. Mt.
Total	45.00 Sq. Mt.

Year of construction

2008

Estimated future life

44 Years

Type of construction – Load bearing walls/ RCC frame/ steel frame

Load bearing

Type of foundations

Spreading foot

Walls

9” Thick Brick wall

Partitions

9” Thick Brick wall

Doors and windows [Floor-wise]

Wooden Chaukhat Paneled Door

Flooring [Floor-wise]

P.C.C.

Finishing [Floor-wise]

Normal

Roofing and terracing

G/Stone

Special architectural or decorative features, if any

No.

Internal wiring – surface or conduit

Class of fittings: Superior / ordinary/ poor

P.V.C. Beading

Sanitary Installation

No

Class of fittings: Superior

No

Compound wall

No

No. of lifts and capacity

No

Underground pump – capacity and type of construction

NA

Overhead tank

NA

Pump – No. and their horse power

NA

Roads and paving within the compound approximate area and type of paving

NA

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mr. Beni Ram s/o Mr. Jasram and Mr. Om Prakash

Address

Mauje Garhi Dariya, Fatehabad

Mobile No.

91-9719355724

Dimension of the property

Boundaries of the property

North

South

East

West

Road

--

Others Prop.

Owners Prop.

Municipality No.

--

UPSEB Connection No.

--

Approved status

--

Land rate to be suggested

--

Width of Road

60’

Building Specification

Year of Construction

2008

Roof

G/Stone

Floor

P.C.C.

Joinery

Wooden Chaukhat Paneled Door

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VALUATION REPORT

PROPERTY IN NAME OF MRS. SUNITA DEVI W/O MR. BALVEER SINGH

LOCATED AT PLOT AT BAGH COLONY, OPPOSITE BLOCK, FATEHABAD, AGRA

(GENERAL DETAILS)

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

18.01.2014

Name of the Owner / Owners

Mrs. Sunita Devi [Mobile: 91-9761086001]

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Sole Ownership

Brief description of the property

It is an open plot with Outer B/wall

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
37’	37’-3”
37’	37’-3”
50’	52’-9”
50’	52’-9”

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Others Plot	Others Plot
12’ wd. Rasta	12’ wd. Rasta
12’ wd. Rasta	12’ wd. Rasta
Plot Suresh Chandra	Plot Suresh Chandra

Location, Street, Ward No.

Plot at Bagh Colony, Opposite Block Fatehabad, Agra

Survey/Plot No. of Land

--

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial Area

Residential Area

Classification of Locality – High class/ Middle Class/ Poor class?

MIG

Proximity to civic amenities like School, Hospitals, cinema etc.

All within 1.00 Km. of Property

Means and proximity to surface communication by the locality is served

B.T. Road

Area of land supported by documentary proof, shape, dimensions and physical features

Land Area = 172.09 Sq. Mt.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard of use of land? If so, attach a copy of the convenant

Residential

Are there any agreements of easements? If so attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any Statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give date of the notification

NA

Furnish technical details of the building on a separate sheet (The Annexure to this Form may be used)

NA

Is the building owner-occupied / tenanted / both?

Owner Occupied

If partly owner-occupied, specify portion and extent of area under owner-occupation

NA

What is the Floor Space Index Permissible and percentage actually utilized?

NA

· Names of tenants/ lessees etc.

· Portions in their occupation

· Monthly or annual rent / compensation / licence fee etc. paid by each

· Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates of the owner?

NA

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ganges, built in wardrobes etc. or for service charges? If so, give details

NA

Give details of water and electricity charges if any, to be borne by the owner

NA

Has the tenant to bear the whole or part of the cost of repairs and maintenance? Give particulars

NA

If a lift is installed, who is to bear the cost of maintenance and operation owner or tenant

No

If a pump is installed who has to bear the cost of maintenance and operation owner or tenant?

NA

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. owner or tenant?

NA

What is the amount of property tax? Who is the bear it? Give details with documentary proof

NA

Is the building insured? If so, give the policy no. amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

Has any standard rent been fixed for the premises under any law relating to the control of rent?

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration no., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 8000/- per Sq. Mt.

Dimensions of the plot

As per deed

Total area of the plot

172.09 Sq. Mt.

Prevailing market rate

Rs. 8000/- per Sq. Mt.

Guideline rate obtained from the Register Office

Rs. 3000/- per Sq. Mt.

Assessed adopted rate of valuation

Rs. 8000/- per Sq. Mt.

Estimated value of the land

Rs. 1.376 Millions

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	1.376
Part II: Building	--
Total	1.376

The overall fair market value of the property = Rs. 1.375 Millions

The realisable sale value of the property may reduce to Rs. 1.200 Millions

The Guideline rate value of the property = Rs. 0.515 Million

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mrs. Sunita Devi

Address

Bagh Colony, Opposite Block, Fatehabad

Mobile No.

91-9761086001

Dimension of the property

Boundaries of the property

North

South

East

West

Prop. Chandan Singh Rathor

Rasta

Rasta

Owners plot / others plot

------------------------------------------------------------------------------------------------------------------------------

VALUATION REPORT

PROPERTY IN NAME OF MRS. SUNITA DEVI W/O MR. BALVEER SINGH AND MRS. RAMWATI W/O MR. VEER PAL SINGH

LOCATED AT PROP AT KHASRA NO. 111 AND 113, MAUZA-SALEMPUR MUDIYA, FATEHABAD-SHAMSHABAD ROAD, AGRA

(GENERAL DETAILS)

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

18.01.2014

Name of the Owner / Owners

Mrs. Sunita Devi and Mrs. Ramwati [Mobile: 91-9761086001]

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Co - Ownership

Brief description of the property

It is a under construction flour mill building having roof level structure.

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As verified

As per Plan

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Shamshabad Road	Shamshabad Road
Land Mahaveer	Land Mahaveer
Salem pur Mudiya Road	Salem pur Mudiya Road
Land Murari Lal	Land Murari Lal

Location, Street, Ward No.

Mauza-Salempur Mudiya, Fatehabad-Shamshabad Road, Agra.

Survey/Plot No. of Land

Prop. At Khasra No. 111 and 113

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial Area

Mixed Area

Classification of Locality – High class/ Middle Class/ Poor class?

MIG

Proximity to civic amenities like School, Hospitals, cinema etc.

All within 1.00 Km. of Property

Means and proximity to surface communication by the locality is served

B.T. Road

Area of land supported by documentary proof, shape, dimensions and physical features

Land Area = 4132.50 Sq. Mt.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard of use of land? If so, attach a copy of the convenant

Converted in 143

Are there any agreements of easements? If so attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any Statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give date of the notification

NA

Furnish technical details of the building on a separate sheet (The Annexure to this Form may be used)

As per Technical details

Is the building owner-occupied / tenanted / both?

Owner Occupied

If partly owner-occupied, specify portion and extent of area under owner-occupation

NA

What is the Floor Space Index Permissible and percentage actually utilized?

NA

· Names of tenants/ lessees etc.

· Portions in their occupation

· Monthly or annual rent / compensation / licence fee etc. paid by each

· Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates of the owner?

NA

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ganges, built in wardrobes etc. or for service charges? If so, give details

NA

Give details of water and electricity charges if any, to be borne by the owner

NA

Ha the tenant to bear the whole or part of the cost of repairs and maintenance? Give particulars

NA

If a lift is installed, who is to bear the cost of maintenance and operation owner or tenant

No

If a pump is installed who has to bear the cost of maintenance and operation owner or tenant?

NA

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. owner or tenant?

NA

What is the amount of property tax? Who is the bear it? Give details with documentary proof

NA

Is the building insured? If so, give the policy no. amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

Has any standard rent been fixed for the premises under any law relating to the control of rent?

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration no., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 3.500 Millions / Bigha [2756 Sq. Yd.] or Rs. 1519/- Sq. Mt. land is converted and leveled there is value addition i.e. Rs. 1822/- Sq. Mt. on conservation basis the rate Rs. 1800/- Sq. Mt.

Dimensions of the plot

As per deed

Total area of the plot

4132.50 Sq. Mt.

Prevailing market rate

As above

Guideline rate obtained from the Register Office

Rs. 1400/- per Sq. Mt. for Residential Plots and Rs. 2000/- per Sq. Mt. on main road

Assessed adopted rate of valuation

Rs. 1800/- per Sq. Mt.

Estimated value of the land

Rs. 7.438 Millions

Year of commencement of construction and year of completion

Under Construction

What was the method of construction by contract/ by employing labour directly / both?

Direct labour

For items of work done on contract, produce copies of agreements

No

For items of work done by engaging labour directly, give basic rtes of materials and labour supported by documentary proof.

NA

DETAILS OF VALUATION

PARTICULARS OF ITEM	PLINTH AREA	ESTIMATED REPLACEMENT RATE	REPLACEMENT COST (RS. IN MILLIONS)	DEPRECIATION (RS. IN MILLIONS)	NET VALUE (RS. IN MILLIONS)
Walled upto R.L.	534.00 Sq. Mt.	Rs. 3000/- Sq. Mt.	1.602	--	1.602
Total					1.602

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	7.438
Part II: Building	1.602
Part III: Projection	--
Total	9.040

The overall fair market value of the property = Rs. 9.040 Millions

The realisable sale value of the property may reduce to Rs. 8.000 Millions

The Guideline rate value of the property = Rs. 8.300 Millions

TECHNICAL DETAILS

No. of floors and height of each floor

Single Storied

Plinth area floor wise [As per IS: 3861-1966]

Roof Level Area = 534.00 Sq. Mt.

Year of construction

Under Construction

Estimated future life

NA

Type of construction – Load bearing walls/ RCC frame/ steel frame

RCC Structure

Type of foundations

Column Footing

Walls

9” Thick Brick wall

Partitions

9” Thick Brick wall

Doors and windows [Floor-wise]

Required

Flooring [Floor-wise]

Required

Finishing [Floor-wise]

Required

Roofing and terracing

Required

Special architectural or decorative features, if any

Required

Internal wiring – surface or conduit

Class of fittings: Superior / ordinary/ poor

Required

Sanitary Installation

Required

Class of fittings: Superior

Required

Compound wall

Required

No. of lifts and capacity

NA

Underground pump – capacity and type of construction

NA

Overhead tank

NA

Pump – No. and their horse power

NA

Roads and paving within the compound approximate area and type of paving

NA

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mrs. Sunita Devi and Mrs. Ramwati

Address

Mauze-Salempur Mudiya, Fatehabad, Agra

Mobile No.

91-9761086001

Dimension of the property

Boundaries of the property

North

South

East

West

Fatehabad Shamshabad Road

Land Guru Dayal

Land Owners Brother

Land Murari Lal

Municipality No.

NA

UPSEB Connection No.

NA

Approved status

NA

Land rate to be suggested

NA

Width of Road

40’ wd.

Building Specification

Year of Construction

Under Construction

Roof

NA

Floor

NA

Joinery

NA

------------------------------------------------------------------------------------------------------------------------------

VALUATION REPORT

PROPERTY IN NAME OF MRS. PUSHPA DEVI W/O MR. SURESH CHAND

LOCATED AT PROP AT MOHALLA-SHAHEED NAGAR, BEHIND BUS STAND, FATEHABAD, AGRA

(GENERAL DETAILS)

Purpose for which valuation is made

Bank Finance

Date as on which valuation is made

18.01.2014

Name of the Owner / Owners

Mrs. Pushpa Devi [Mobile: 91-9761086001]

It the property is under Joint Ownership/ Co Ownership Share of each such owner. Are the shares undivided?

Sole Ownership

Brief description of the property

It is a Partly Double Story Residential house having Room, 2 Kitchen, 1 WC and Bathroom on Ground Floor and 1 Room, 1 Kitchen and 1 WC and Bathroom on 1^st Floor.

Dimension of the site

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
20’	20’
20’	20’
50’	50’
50’	50’

Boundaries of the property

Ø North

Ø South

Ø East

Ø West

As per deed	As verified
Land Pappu	Prop. Makhan
12’ wd. Rasta	12’ wd. Rasta
Prop. Rajendra	Prop. Ram Naresh
9’ wd. Rasta	9’ wd. Rasta

Location, Street, Ward No.

Mohalla – Shaheed Nagar, Behind Bus Stand, Fatehabad, Agra

Survey/Plot No. of Land

--

Is the property situated in the Residential/ Commercial/ Mixed Area/ Industrial Area

Residential Area

Classification of Locality – High class/ Middle Class/ Poor class?

MIG

Proximity to civic amenities like School, Hospitals, cinema etc.

All within 1.00 Km. of Property

Means and proximity to surface communication by the locality is served

B.T. Road

Area of land supported by documentary proof, shape, dimensions and physical features

Land Area = 93.00 Sq. Mt.

Is it leasehold, the name of lessor/lessee, nature of lease, dates of commencement and termination of lease and terms of renewal of lease

Freehold

Is there any restrictive convenant in regard of use of land? If so, attach a copy of the convenant

Residential

Are there any agreements of easements? If so attach copies

NA

Does the land fall in an area included in any Town Planning Scheme or any Development Plan of Government or any Statutory body? If so, give particulars

NA

Has any contribution been made towards development or is any contribution been made towards development or is any demand for such contribution still outstanding?

NA

Has the whole or part of land been notified for acquisition by Government or any statutory body? Give date of the notification

NA

Furnish technical details of the building on a separate sheet (The Annexure to this Form may be used)

As per Technical details

Is the building owner-occupied / tenanted / both?

Owner Occupied

If partly owner-occupied, specify portion and extent of area under owner-occupation

NA

What is the Floor Space Index Permissible and percentage actually utilized?

NA

· Names of tenants/ lessees etc.

· Portions in their occupation

· Monthly or annual rent / compensation / licence fee etc. paid by each

· Gross amount received for the whole property

NA

Are any of the occupants related to, or close business associates of the owner?

NA

Is separate amount being recovered for the use of fixtures like fans, geysers, refrigerators, cooking ganges, built in wardrobes etc. or for service charges? If so, give details

NA

Give details of water and electricity charges if any, to be borne by the owner

NA

Has the tenant to bear the whole or part of the cost of repairs and maintenance? Give particulars

NA

If a lift is installed, who is to bear the cost of maintenance and operation owner or tenant

No

If a pump is installed who has to bear the cost of maintenance and operation owner or tenant?

NA

Who has to bear the cost of electricity charges for lighting of common space like entrance hall, stairs, passages, compound, etc. owner or tenant?

NA

What is the amount of property tax? Who is the bear it? Give details with documentary proof

NA

Is the building insured? If so, give the policy no. amount for which it is insured and the annual premium

No

Is any dispute between landlord and tenant regarding rent pending in a court of law?

No

Has any standard rent been fixed for the premises under any law relating to the control of rent?

NA

Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, registration no., sale price and area of land sold

Based on enquiries in their opinion fair market rate is Rs. 6000/- per Sq. Mt.

Dimensions of the plot

As per deed

Total area of the plot

93.00 Sq. Mt.

Prevailing market rate

Rs. 6000/- per Sq. Mt.

Guideline rate obtained from the Register Office

Rs. 3000/- per Sq. Mt.

Assessed adopted rate of valuation

Rs. 6000/- per Sq. Mt.

Estimated value of the land

Rs. 0.558 Million

Year of commencement of construction and year of completion

1997

What was the method of construction by contract/ by employing labour directly / both?

Direct labour

For items of work done on contract, produce copies of agreements

No

For items of work done by engaging labour directly, give basic rtes of materials and labour supported by documentary proof.

NA

DETAILS OF VALUATION

PARTICULARS OF ITEM	PLINTH AREA	ESTIMATED REPLACEMENT RATE	REPLACEMENT COST (RS. IN MILLIONS)	DEPRECIATION (RS. IN MILLIONS)	NET VALUE (RS. IN MILLIONS)
Covered area both floor	112.00 Sq. Mt.	Rs. 10000/- Sq. Mt.	1.120	0.112	1.008
Total					1.008

SUMMARY OF VALUATION

PARTICULARS	AMOUNT IN MILLIONS
Part I: Land	0.558
Part II: Building	1.008
Part III: Projection	--
Total	1.616

The overall fair market value of the property = Rs. 1.600 Millions

The realisable sale value of the property may reduce to Rs. 1.400 Millions

The Guideline rate value of the property = Rs. 1.400 Millions

TECHNICAL DETAILS

No. of floors and height of each floor

Partly Double Storied

Plinth area floor wise [As per IS: 3861-1966]

Ground Floor	93.00 Sq. Mt.
First Floor	19.00 Sq. Mt.
Total	112.00 Sq. Mt.

Year of construction

2008-2013

Estimated future life

45 Years

Type of construction – Load bearing walls/ RCC frame/ steel frame

Load bearing

Type of foundations

Spreading Foot

Walls

9” Thick Brick wall

Partitions

9” Thick Brick wall

Doors and windows [Floor-wise]

Angle iron chaukhat and flush door

Flooring [Floor-wise]

P.C.C.

Finishing [Floor-wise]

Normal

Roofing and terracing

Stone Girder

Special architectural or decorative features, if any

NA

Internal wiring – surface or conduit

Class of fittings: Superior / ordinary/ poor

Concealed

Average

Sanitary Installation

Average

Class of fittings: Superior

Average

Compound wall

Average

No. of lifts and capacity

NA

Underground pump – capacity and type of construction

NA

Overhead tank

NA

Pump – No. and their horse power

NA

Roads and paving within the compound approximate area and type of paving

NA

SITE VALUATION

Bank Name

Bank of India

Branch

New Agra

Name of Owners

Mrs. Pushpa Devi

Address

Mohalla-Shaheed Nagar, Fatehabad, Agra

Mobile No.

91-9761086001

Dimension of the property

Boundaries of the property

North

South

East

West

Prop. Makhan

Rasta

Prop. Ram Naresh

Gali

Municipality No.

NA

UPSEB Connection No.

NA

Approved status

NA

Land rate to be suggested

--

Width of Road

12’ wd.

Building Specification

Year of Construction

15 Years old

Roof

Stone Girder

Floor

P.C.C.

Joinery

Angle iron Chaukhat/ Flush Door

------------------------------------------------------------------------------------------------------------------------------

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. 61.83
UK Pound	1	Rs. 96.56
Euro	1	Rs. 77.42

INFORMATION DETAILS

Information Gathered by :	SVA
Analysis Done by :	SUB
Report Prepared by :	BVA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILIRY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	4
--RESERVES	1~10	2
--CREDIT LINES	1~10	3
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTERS
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		26

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.