MIRA INFORM REPORT

Report Date :

20.11.2014

IDENTIFICATION DETAILS

Name :	UNISYS SOFTWARES AND HOLDING INDUSTRIES LIMITED
Registered Office :	75/C, Park Street, Kolkata – 700016, West Bengal
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	01.10.1992
Com. Reg. No.:	21-056742
Capital Investment / Paid-up Capital :	Rs. 230.002 Millions
CIN No.: [Company Identification No.]	L51909WB1992PLC056742
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	CALU01356F
PAN No.: [Permanent Account No.]	AABCC1191Q
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.
Line of Business :	Subject is engaged in the business of Software and Hardware and Mobile Phones Trading.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

Ba (43)

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

Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having a satisfactory track record. Profitability of the company is low. However, liquidity position of the company is decent. Trade relation reported to be fair. Business is active. Payment terms are reported to be slow but correct. The company 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 – 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 DECLINED

MANAGEMENT NON-COOPERATIVE [CONTACT NO.: 91-22-26773832]

LOCATIONS

Registered Office :	75/C, Park Street, Kolkata – 700016, West Bengal, India
Tel. No.:	91-33-22295359/ 22299198
Fax No.:	91-33-22299198
E-Mail :	unisys.softwares@gmail.com dhruvonarayan.jha@rediffmail.com
Branch Office :	105, Sagar Shopping Center, J P Road, Andheri [West], Mumbai – 400058, Maharashtra, India

DIRECTORS

AS ON 31.03.2014

Name :

Mr. Jagdish Prasad Purohit

Designation :

Chairman and Managing Director

Address :

6.1, Bijoy Mukherjee Lane, Bhawanipur, Kolkata - 700025, West Bengal, India

Date of Appointment :

01.06.1995

DIN No.:

00083125

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	L92100WB1983PLC036338	WARNER MULTIMEDIA LIMITED	Director	23/05/1983	23/05/1983	-	Under liquidation	NO
2	U15400DL1993PTC264056	CLASSIC EATABLES PRODUCT PRIVATE LIMITED	Director	06/04/1994	06/04/1994	31/03/2010	Active	NO
3	U51909WB1995PTC070161	SUDHALOK TRADERS PRIVATE LIMITED	Director	04/04/1995	04/04/1995	-	Active	NO
4	L51909WB1992PLC056742	UNISYS SOFTWARES AND HOLDING INDUSTRIES LIMITED	Director	01/06/1995	01/06/1995	-	Active	NO
5	U51109WB1995PTC070172	SUBH CHINTAK VYAPAAR PRIVATE LIMITED	Director	11/12/1995	11/12/1995	-	Active	NO
6	L70109WB1981PLC033896	SCAN INFRASTRUCTURE LIMITED	Director	17/03/1996	17/03/1996	-	Active	NO
7	U23109WB1989PTC047738	GOBAJ COMMERCIAL COMPANY PRIVATE LIMITED	Director	05/02/1997	05/02/1997	24/03/2010	Active	NO
8	U99999MH1996PTC103035	SUPRAPTI FINVEST PRIVATE LIMITED	Director	05/02/1997	05/02/1997	22/11/2008	Active	NO
9	U65921MH1995PTC093037	BENCO FINANCE AND INVESTMENTS PRIVATE LIMITED	Director	10/01/2003	10/01/2003	25/03/2010	Active	NO
10	L67120OR1994PLC003649	PRIME CAPITAL MARKET LIMITED	Director	05/10/2005	05/10/2005	08/06/2007	Active	NO
11	U67190MH1992PTC066544	HAKMANS FINANCIAL SERVICES AND SECURTIES PRIVATE LIMITED	Director	02/01/2006	02/01/2006	05/08/2011	Active	NO
12	U99999WB2006PTC107524	RISEWELL SUPPLIERS PRIVATE LIMITED	Director	04/09/2006	02/03/2006	-	Amalgamated	NO
13	U51109WB2006PTC107528	REWARD ADVISORY SERVICES PRIVATE LIMITED	Director	02/03/2006	02/03/2006	-	Amalgamated	NO
14	U51109WB1996PLC077422	THUNDER TRADERS LIMITED	Director	01/02/2007	01/02/2007	12/01/2011	Active	NO
15	U51109WB1995PLC074845	CELESTE MERCHANDISE LIMITED	Director	01/02/2007	01/02/2007	16/11/2007	Strike off	NO
16	U51909WB1994PLC065168	BULLPOWER VYAPAR LIMITED	Director	01/02/2007	01/02/2007	06/09/2013	Active	NO
17	U82374WB1996PLC082374	SARGAM TRADELINK LIMITED	Director	01/02/2007	01/02/2007	10/04/2013	Active	NO
18	U51109WB1994PLC064270	SUDHANIL VANIJYA LIMITED	Director	01/02/2007	01/02/2007	11/01/2011	Active	NO
19	U51109DL1995PLC257578	SALTLAKE VYAPAAR LIMITED	Director	01/02/2007	01/02/2007	11/01/2011	Active	NO
20	U74140WB2006PTC107635	NIRNIDHI CONSULTANT PRIVATE LIMITED	Director	06/03/2007	06/03/2007	-	Active	NO
21	L67190MH2000PLC033180	JMD TELEFILMS INDUSTRIES LIMITED	Director	22/03/2007	22/03/2007	-	Active	NO
22	U67120MH1995PTC084875	SUVIDHA SECURITIES PRIVATE LIMITED	Director	23/07/2007	23/07/2007	03/03/2012	Active	NO
23	L74210TN1995PLC032921	SANGUINE MEDIA LIMITED	Director	11/09/2008	11/09/2008	27/01/2009	Active	NO
24	U74120WB2007PTC113762	SURAKSHIT MANAGEMENT PRIVATE LIMITED	Director	11/04/2009	11/04/2009	25/03/2014	Active	NO
25	L36101WB1969PLC115504	DENIM DEVELOPERS LIMITED	Director	20/08/2009	20/08/2009	24/01/2013	Active	NO
26	U74900MH2007PTC176259	SEPIA VENTURE PRIVATE LIMITED	Director	05/10/2009	05/10/2009	-	Active	NO
27	U92140MH2010PTC204415	JMD BROADCASTING PRIVATE LIMITED	Director	03/08/2010	03/08/2010	-	Active	NO
28	U74900MH2011PTC216943	BAJAAO MUSIC PRIVATE LIMITED	Director	14/02/2012	14/02/2012	-	Active	NO
29	U15439KA1994PTC015494	MC PRIDE DISTILLERY PRIVATE LIMITED	Additional director	18/06/2012	18/06/2012	02/07/2013	Active	NO
30	U74900WB2009PTC134225	APEX LEGAL ADVISORY PRIVATE LIMITED	Director	11/08/2012	11/08/2012	-	Active	NO
31	U45202MH2008PTC186582	SEAGREEN REALTORS PRIVATE LIMITED	Director	09/11/2012	09/11/2012	-	Active	NO
32	U29290MH1984PTC033012	KUMAON ENGINEERING COMPANY PRIVATE LIMITED	Director	09/11/2012	09/11/2012	-	Active	NO

Name :

Mr. Sushil Kumar Purohit

Designation :

Non-Executive Director

Address :

6.1, Bijoy Mukherjee Lane, Bhawanipur, Kolkata - 700025, West Bengal, India

Date of Appointment :

15.02.1996

DIN No.:

00073684

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	U51909WB1987PTC042567	SANAMEX IMFINANCE PRIVATE LIMITED	Director	27/08/1988	27/08/1988	-	Active	NO
2	U51214WB1991PTC111370	ARPAN AGRO PRIVATE LIMITED	Director	01/05/1991	01/05/1991	-	Under Process of Striking off	NO
3	U15400DL1993PTC264056	CLASSIC EATABLES PRODUCT PRIVATE LIMITED	Director	06/04/1994	06/04/1994	31/03/2010	Active	NO
4	U65910RJ1994PTC008840	RATANGAR FINLEASE PRIVATE LIMITED	Director	02/01/1995	02/01/1995	15/01/2013	Active	NO
5	U51909WB1995PTC070161	SUDHALOK TRADERS PRIVATE LIMITED	Director	04/04/1995	04/04/1995	-	Active	NO
6	L51909WB1992PLC056742	UNISYS SOFTWARES AND HOLDING INDUSTRIES LIMITED	Director	15/02/1996	15/02/1996	-	Active	NO
7	U74992DL1995PLC066177	JAIN STOCK & SHARE BROKERS LIMITED	Director	31/01/1997	31/01/1997	-	Active	NO
8	U65993WB1997PTC111368	ART LINE FINVEST PRIVATE LIMITED	Director	22/04/1997	22/04/1997	-	Active	NO
9	U51101WB1994PTC164331	PRATIGYAN FINTRADE PRIVATE LIMITED	Director	10/04/1998	10/04/1998	-	Active	NO
10	U23109OR1998PTC005314	SHREE BALAJI TAR AND CHEMICALS PRIVATE LIMITED	Director	15/05/1998	15/05/1998	-	Active	NO
11	U74140WB1995PTC072457	ABS COMPUDATA PRIVATE LIMITED	Director	06/10/1998	06/10/1998	18/07/2014	Active	NO
12	U51909WB1997PTC082565	MERCURIAL MARKETIERS PRIVATE LIMITED	Director	10/02/2000	10/02/2000	-	Active	NO
13	U51909WB2000PTC091303	WELLPLAN DISTRIBUTORS PRIVATE LIMITED	Director	08/03/2000	08/03/2000	-	Active	NO
14	U51909WB1995PTC068459	WELPLAN DISTRIBUTORS PRIVATE LIMITED	Director	08/03/2000	08/03/2000	-	Amalgamated	NO
15	U51909WB2000PTC091324	MAXXON DISTRIBUTORS PRIVATE LIMITED	Director	10/03/2000	10/03/2000	-	Active	NO
16	U51909WB1997PTC083737	SWADESI BARTER PRIVATE LIMITED	Director	06/08/2000	06/08/2000	19/02/2010	Active	NO
17	U51109WB1997PTC083301	PRAGATI MARCHANTS PRIVATE LIMITED	Director	07/08/2000	07/08/2000	-	Active	NO
18	U51109WB1996PTC080241	SAGAR TRADELINK PRIVATE LIMITED	Director	07/08/2000	07/08/2000	04/02/2011	Active	NO
19	U51109WB1996PTC080237	SUNSHINE TRACON PRIVATE LIMITED	Director	07/08/2000	07/08/2000	17/07/2008	Active	NO
20	U51909MH1997PTC207292	ZENITH BARTER PRIVATE LIMITED	Director	30/09/2000	08/08/2000	19/02/2010	Active	NO
21	U51109WB1996PTC080249	COASTAL TRADELINK PRIVATE LIMITED	Director	03/12/2003	03/12/2003	19/02/2010	Active	NO
22	U51909WB2004PTC098224	APPROVA EXPORT PRIVATE LIMITED	Director	29/03/2004	29/03/2004	-	Active	NO
23	U25209WB1996PTC077628	PAROPKAR PLASTICS PRIVATE LIMITED	Director	10/05/2004	10/05/2004	28/03/2014	Under Process of Striking off	NO
24	U51109WB1996PTC077624	MARUBHUMI CONSULTANTS PRIVATE LIMITED	Director	15/12/2004	15/12/2004	-	Under Process of Striking off	NO
25	U67120WB1997PTC111374	SAWATA CREDIT CAPITAL PRIVATE LIMITED	Director	04/10/2006	04/10/2006	-	Active	NO
26	U67120WB1997PTC111369	BHAVIKA CREDIT CAPITAL PRIVATE LIMITED	Director	04/10/2006	04/10/2006	-	Active	NO
27	L67120OR1994PLC003649	PRIME CAPITAL MARKET LIMITED	Director	08/06/2007	08/06/2007	-	Active	NO
28	U51109WB1996PTC080248	GODAWARI COMMERCE PRIVATE LIMITED	Director	20/02/2008	20/02/2008	-	Active	NO
29	U51109WB2008PTC122266	GLORIOUS VINTRADE PRIVATE LIMITED	Director	25/02/2008	25/02/2008	-	Active	NO
30	U51909WB2010PTC146038	SARVAPRIYA MARKETING PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
31	U51101WB2010PTC146045	UPKAR TRADELINK PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
32	U51909WB2010PTC146054	SHIVBHUMI TRADERS PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
33	U51101WB2010PTC146057	EVERLIKE TRADELINK PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
34	U51101WB2010PTC146052	DHANSAKTI AGENCIES PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
35	U51909WB2010PTC146022	DHANPRAYOG COMMERCIAL PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
36	U51101WB2010PTC146034	NEELKUNJ MERCANTILE PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
37	U51101WB2010PTC146027	NAVSIDHI VANIJYA PRIVATE LIMITED	Director	01/05/2010	01/05/2010	-	Active	NO
38	U51101WB2010PTC146070	SANSKAR DEALCOM PRIVATE LIMITED	Director	01/05/2010	01/05/2010	23/07/2013	Active	NO
39	U45400WB2012PTC183739	ALLMOST DEVELOPERS PRIVATE LIMITED	Director	02/08/2012	02/08/2012	-	Active	NO
40	U51109WB2008PTC124798	SHIVMANGAL TRADELINK PRIVATE LIMITED	Director	24/08/2012	24/08/2012	-	Active	NO
41	U51909WB2010PTC145805	LAXMIPUTRA COMMOTRADE PRIVATE LIMITED	Director	24/08/2012	24/08/2012	-	Active	NO

Name :

Mr. Ashok Bothra

Designation :

Independent Director

Address :

A-2.302, Tirupati Darashan, Balaji Nagar, Station Road, Bhayandar (West), Thane - 401101, Maharashtra, India

Date of Appointment :

20.02.2010

DIN No.:

01734863

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	U70100MH1995PTC094774	ANKUSH ESTATES PRIVATE LIMITED	Director	27/11/1995	27/11/1995	30/06/2011	Active	NO
2	L67190MH2000PLC033180	JMD TELEFILMS INDUSTRIES LIMITED	Director	20/12/2005	20/12/2005	-	Active	NO
3	L67120GJ1995PLC024449	AADHAAR VENTURES INDIA LIMITED	Director	09/03/2009	09/03/2009	08/05/2010	Active	NO
4	L74140MH1983PLC029378	BLUE CIRCLE SERVICES LIMITED	Additional director	15/05/2009	15/05/2009	25/09/2012	Active	NO
5	L74140WB1994PLC063178	DYNAMIC PORTFOLIO MANAGEMENT & SERVICES LIMITED	Additional director	15/01/2010	15/01/2010	-	Active	NO
6	L51909WB1992PLC056742	UNISYS SOFTWARES AND HOLDING INDUSTRIES LIMITED	Director	20/02/2010	20/02/2010	-	Active	NO
7	L65921MH1995PLC248335	GLOBAL INFRATECH & FINANCE LIMITED	Director	29/09/2011	07/02/2011	-	Active	NO
8	L85100TN1984PLC011231	FIRST FINANCIAL SERVICES LIMITED	Additional director	24/05/2011	24/05/2011	26/07/2011	Active	NO
9	L74900TZ1994PLC005580	ONESOURCE IDEAS VENTURE LIMITED	Director	30/09/2014	29/06/2012	-	Active	NO
10	L67120WB1995PLC071337	GCM SECURITIES LIMITED	Director	22/10/2012	22/10/2012	-	Active	NO
11	L51102TN1982PLC009711	MEENAKSHI ENTERPRISES LIMITED	Director	08/09/2014	24/10/2013	-	Active	NO

Name :

Mr. Johar Pal Singh

Designation :

Independent Director

Address :

62.H.1, Keshab Chandra Sen Street, Kolkata - 700019, West Bengal, India

Date of Appointment :

13.08.2010

DIN No.:

00113986

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	L67120OR1994PLC003649	PRIME CAPITAL MARKET LIMITED	Director	16/12/2005	16/12/2005	16/05/2008	Active	NO
2	U65929TN1999PTC041812	LUNKAR FINANCE PRIVATE LIMITED	Additional director	06/03/2008	06/03/2008	24/05/2008	Active	NO
3	L51909WB1992PLC056742	UNISYS SOFTWARES AND HOLDING INDUSTRIES LIMITED	Director	13/08/2010	13/08/2010	-	Active	NO
4	L72900MH1982PLC027146	PS IT INFRASTRUCTURE & SERVICES LIMITED	Director	14/07/2012	20/06/2012	30/09/2013	Active	NO
5	L51909WB1982PLC035222	V.B. INDUSTRIES LIMITED	Director	10/03/2014	10/03/2014	-	Active	NO
6	U52100MH2011PTC225003	DRIVE DREAMS MARKETING PRIVATE LIMITED	Director	20/09/2014	20/09/2014	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.06.2014

Category of Shareholder	Total No. of Shares	As a %
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Individuals / Hindu Undivided Family	4256400	18.51
Bodies Corporate	1000000	4.35
Any Others (Specify)	253000	1.10
Directors/Promoters & their Relatives & Friends	253000	1.10
Sub Total	5509400	23.95
(2) Foreign
Total shareholding of Promoter and Promoter Group (A)	5509400	23.95
(B) Public Shareholding
(1) Institutions
Financial Institutions / Banks	100	0.00
Sub Total	100	0.00
(2) Non-Institutions
Bodies Corporate	13105582	56.98
Individuals
Individual shareholders holding nominal share capital up to Rs. 0.100 Million	331439	1.44
Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million	3906491	16.98
Any Others (Specify)	147188	0.64
NRIs/OCBs	233	0.00
Hindu Undivided Families	146863	0.64
Clearing Members	2	0.00
Trusts	90	0.00
Sub Total	17490700	76.05
Total Public shareholding (B)	17490800	76.05
Total (A)+(B)	23000200	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued
(1) Promoter and Promoter Group	0	0.00
(2) Public	0	0.00
Sub Total	0	0.00
Total (A)+(B)+(C)	23000200	100.00

BUSINESS DETAILS

Line of Business :	Subject is engaged in the business of Software and Hardware and Mobile Phones Trading.
Products :	Not Available
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

GENERAL INFORMATION

No. of Employees :	Not Divulged
Bankers :	Kotak Mahindra Bank Limited
Facilities :	--

Banking Relations :	--
Auditors :
Name :	B. S. Kedia and Company Chartered Accountants
Address :	8/1, Lal Bazar Street, 1st Floor, Room No. 8, Kolkata – 700001, West Bengal, India

CAPITAL STRUCTURE

AS ON 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
25,000,000	Equity Shares	Rs. 10/- each	Rs. 250.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
23,000,200	Equity Shares	Rs. 10/- each	Rs. 230.002 Millions

Reconciliation of number of Shares

Particulars	31.03.2014
	Number	Rs. in Millions
Shares Outstanding at the beginning of the year	23,000,200	230.002
Add : Further Shares issued during the year	--	--
Shares Outstanding at the end of the year	23,000,200	230.002

Rights, Preference and Restrictions attached to Equity Shares

The Company has one class of Equity Shares having a par value of Rs.10/- each. Each shareholder is eligible to one vote per share held.

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	230.002	230.002	230.002
(b) Reserves & Surplus	353.948	348.986	340.884
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	583.950	578.988	570.886
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	0.000	0.000	0.000
(4) Current Liabilities
(a) Short term borrowings	133.260	0.000	0.000
(b) Trade payables	2420.349	1179.823	1606.940
(c) Other current liabilities	192.349	799.211	339.371
(d) Short-term provisions	3.185	2.003	2.682
Total Current Liabilities (4)	2749.143	1981.037	1948.993
TOTAL	3333.093	2560.025	2519.879
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	13.535	20.302	30.451
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	1772.746	1336.956	1491.069
(c) Deferred tax assets (net)	1.600	1.836	1.836
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	1787.881	1359.094	1523.356
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	98.845	55.434	0.000
(c) Trade receivables	379.389	192.213	434.352
(d) Cash and cash equivalents	13.193	1.617	1.789
(e) Short-term loans and advances	1053.785	951.667	560.382
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	1545.212	1200.931	996.523
TOTAL	3333.093	2560.025	2519.879

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Revenue from Operations	3853.818	3271.035	1996.465
		Other Operating Revenue	19.518	20.885	20.579
		TOTAL (A)	3873.336	3291.920	2017.044
Less	EXPENSES
		Cost of Goods Sold	3842.221	3268.100	1988.360
		Payment and Perquisites to Employees	1.962	1.830	2.272
		Other expenses	2.728	1.630	2.696
		TOTAL (B)	3846.911	3271.560	1993.328
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		26.425	20.360	23.716
Less	FINANCIAL EXPENSES (D)		11.511	0.000	0.000
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		14.914	20.360	23.716
Less/ Add	DEPRECIATION/ AMORTISATION (F)		6.767	10.149	7.096
	PROFIT BEFORE TAX (E-F) (G)		8.147	10.211	16.620
Less	TAX (H)		3.185	2.109	2.847
	PROFIT AFTER TAX (G-H) (I)		4.962	8.102	13.773
	Earnings Per Share (Rs.)		0.22	0.35	0.60

QUARTERLY RESULTS

PARTICULARS	30.06.2014
Type	1^st Quarter
Net Sales	1423.300
Total Expenditure	1416.600
PBIDT (Excl OI)	6.800
Other Income	0.000
Operating Profit	6.800
Interest	0.000
Exceptional Items	0.000
PBDT	6.800
Depreciation	1.100
Profit Before Tax	5.700
Tax	0.000
Provisions and contingencies	0.000
Profit After Tax	5.700
Extraordinary Items	0.000
Prior Period Expenses	0.000
Other Adjustments	0.000
Net Profit	5.700

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Sales)	(%)	0.13	0.25	0.69
Operating Profit Margin (PBDIT/Sales)	(%)	0.69	0.62	1.19
Return on Total Assets (PBT/Total Assets}	(%)	0.52	0.84	1.62
Return on Investment (ROI) (PBT/Networth)		0.01	0.02	0.03
Debt Equity Ratio (Total Debt/Networth)		0.23	0.00	0.00
Current Ratio (Current Asset/Current Liability)		0.56	0.61	0.51

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particulars	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	230.002	230.002	230.002
Reserves & Surplus	340.884	348.986	353.948
Net worth	570.886	578.988	583.950
Long-term borrowings	0.000	0.000	0.000
Short term borrowings	0.000	0.000	133.260
Total borrowings	0.000	0.000	133.260
Debt/Equity ratio	0.000	0.000	0.228

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	1996.465	3271.035	3853.818
		63.841	17.816

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	1996.465	3271.035	3853.818
Profit	13.773	8.102	4.962
	0.69%	0.25%	0.13%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	No
9]	Name of person contacted	No
10]	Designation of contact person	No
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	--
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
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	No
25]	Conduct of the banking account	--
26]	Buyer visit details	--
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	No
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	No

INDEX OF CHARGES: NO CHARGES EXIST FOR COMPANY

UNSECURED LOANS

UNSECURED LOANS	31.03.2014 (Rs. In Millions)	31.03.2013 (Rs. In Millions)
SHORT TERM BORROWINGS
From Body Corporate	133.260	0.000
Total	133.260	0.000

OVERVIEW OF ECONOMY

India's economic growth remained below 5.00 percent mark second year in a row at 4.7 percent in 2013-14, but the industry is hopeful of a rebound with a new stable government who is expected to be considered pro-business.

India's fourth quarter growth stood at 4.6 percent. Decline in manufacturing and mining output eclipsed the overall growth during the entire fiscal. The country's economy, or gross domestic product (GDP), had expanded at 4.5 percent in 2012-13, the slowest pace in the previous decade. Subdued prices of vegetables, cereals and dairy products pushed down retail inflation to a three-month low of 8.28 percent in May. Retail inflation, measured on consumer price index (CPI), was 8.59 percent in April.

In February 2014, retail inflation was at 8.03 percent, followed by consecutive rise in March (8.31 percent) and in April, it was 9.66 percent as per the data released by government.

OVERALL PERFORMANCE AND OUTLOOK

The Business environment during the financial year was continued to remain challenging. Other factors like recession, inflation, scarcity of demand by ultimate consumers and falling turnover in Capital Market due to lack of participation by retail investors further affected the overall performance for 2013-2014. However somehow, the Company managed to do well in spite of adverse business conditions.

Gross Sales has been increased during the year in comparison to last financial year but overall Net Profit has fallen to some extent. Gross Revenue during the year was Rs.3873.336 Millions in comparison to last years' revenue of Rs.3291.920 Millions whereas Net income from operations remained at Rs.8.147 Millions during the year in comparison to last years' income of Rs.10.211 Millions.

Outlook for coming financial year seems to be continuously challenging mainly due to the delay in recovery in both Indian and Foreign Market. Other factors which could affect the profitability of Company can be lack of demands by retail clients, fear of bad loans and higher rate of inflation etc. The Company believes that in spite of adverse scenario, the Company will be able to do well in coming financial year.

MANAGEMENT DISCUSSION AND ANALYSIS

MACRO ECONOMIC ENVIRONMENT

In the recent past, the Indian economy has had to overcome varied challenges in its resolve to sustain its economic success. The major challenges included: unsupportive external environment, domestic structural constraints, growth slowdown and inflationary pressures. The slowdown manifested in the decline in the growth of Gross Domestic Product (at factor cost at constant 2004-05 prices) from 8.9 per cent in 2010-11 to 6.7 per cent in 2011-12 and 4.5 per cent in 2012-13. With the economy projected to have registered a growth rate of 4.9 per cent in 2013- 14, the declining trend in growth seems to have reversed. The growth slowdown in India is broadly in sync with trends in similar emerging economies. The sharp downturn in growth owes to the interface of domestic factors with the global economic environment of uncertainties and slow growth in many advanced economies. The growth of real GDP has generally shown a declining trend since the first quarter (Q1) of 2011-12, and is characterized by a moderation in services growth and a protracted slowdown in industry. The revival in agriculture on the back of a steady monsoon and robust growth in financial and business services led to a modest uptick in growth in 2013-14.

The monetary policy stance of the Reserve Bank of India has been driven by the imperatives of keeping inflation in check and supporting growth revival while managing a complex external economic situation. With moderation in overall headline inflation, as per the Wholesale Price Index (WPI), during 2012-13 and during the first two quarters of 2013-14, there was a reduction in the repo rate by 25 basis points in May 2013. Headline WPI inflation averaged 6.16 per cent during 2013-14 (April-December) as compared to 7.56 per cent in the corresponding period of the previous year. Despite easing, the level of inflation is high, especially in terms of consumer price indices.

On the fiscal front, the slowdown in growth affected tax collections and receipts from disinvestment of Public Sector Undertakings. However, the Government is on track to achieve the fiscal deficit to GDP target envisaged for 2013-14.

REVIEW OF OPERATIONS AND SEGMENTAL PERFORMANCE

The Business environment during the financial year was continued to remain challenging. Other factors like recession, inflation, scarcity of demand by ultimate consumers and falling turnover in Capital Market due to lack of participation by retail investors further affected the overall performance for 2013-2014. However somehow, the Company managed to do well in spite of adverse business conditions.

Gross Sales has been increased during the year in comparison to last financial year but overall Net Profit has fallen to some extent. Gross Revenue during the year was Rs.3873.336 Millions in comparison to last years' revenue of Rs.3291.920 Millions whereas Net income from operations remained at Rs.8.147 Millions during the year in comparison to last years' income of Rs.10.211 Millions.

In term of Segment Results, the Company has registered Gross Sales of Rs.3853.818 Millions from Software Trading, Rs.4.518 Millions from Investment activities and earned Rs.15.000 Millions as Commission Income. In term of Net Profit, the Company has earned Rs.5.500 Millions from Software

Trading, Rs.15.000 Millions as Commission Income whereas suffered a Loss of Rs.12.353 Millions from Investment activities in Equity and Commodity Segment.

BUSINESS SEGMENT

The Company is one of Non-Deposit taking RBI registered NBFC Company and is in to the Business of finance and investments in both Securities and Commodities Market. Apart from these activities, the Company is also doing the business of trading of Software (Mobile Applications) and is providing advisory services to Corporate and HNIs.

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs. 61.83
UK Pound	1	Rs. 96.56
Euro	1	Rs. 77.42

INFORMATION DETAILS

Information Gathered by :	NYA
Analysis Done by :	SUM
Report Prepared by :	ANK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILIRY	1~10	4
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	4
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTERS
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		43

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.