MIRA INFORM REPORT

Report Date :

27.09.2014

IDENTIFICATION DETAILS

Name :	NEXTRA TELESOLUTIONS PRIVATE LIMITED
Registered Office :	LGF-10, Vasant Square Mall Plot A, Sector - B, Pocket – V, Community Centre, Vasant Kunj, New Delhi - 110070
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	05.10.2012
Com. Reg. No.:	55-243197
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U72900DL2012PTC243197
Legal Form :	Private Limited Liability Company
Line of Business :	Subject is engaged in the business of sales and purchase of Internet related devices, Acquire Develop, Install Maintain and Run all type of Services in Telecommunication.
No. of Employees :	Not Divulged

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

Maximum Credit Limit :	USD 400
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a relatively new company having moderate track record. The company has incurred loss from its operational activities in its first year of business operation. However, trade relations are improving. Business is active. Payment terms are slow. The company can be considered for business dealings with some caution.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – 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 wilfully 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 DENIED BY

Name :	Ms. Reetambhara Sharma
Designation :	Supply Chain Manager
Contact No.:	91-9560033673
Date :	25.09.2014

LOCATIONS

Registered Office :	LGF-10, Vasant Square Mall Plot A, Sector - B, Pocket – V, Community Centre, Vasant Kunj, New Delhi – 110070, India
Tel. No. :	91-11-49290000
Mobile No. :	91-9560033673 (Ms. Reetambhara Sharma)
Fax No. :	91-11-23324536
E-Mail :	surbhi.sood@nextraworld.com

DIRECTORS

As on 27.09.2013

Name :

Ms. Laxmi Narain Goel

Designation :

Director

Address :

Essel House, Mandi Road, Sultanpur, Mehrauli, New Delhi – 110030, India

Date of Birth/Age :

19.02.1953

Date of Appointment :

05.10.2012

DIN No. :

00031438

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.	U70101DL2005PTC144070	VANSIDHAR REALTORS PRIVATE LIMITED	Director	15/09/09	29/04/09	-	Converted to LLP and dissolved	NO
2.	U70102DL2006PTC149184	VARESHWAR COLONIZERS PRIVATE LIMITED.	Director	14/09/09	29/04/09	-	Active	NO
3.	U70102DL2006PTC149151	VARESHWAR REALTORS PRIVATE LIMITED.	Director	14/09/09	29/04/09	-	Active	NO
4.	U70101DL2005PTC133290	T.A. REALTORS PRIVATE LIMITED	Director	15/09/09	29/04/09	-	Active	NO
5.	U70101DL2005PTC132898	T.A.PROPERTIES PRIVATE LIMITED	Director	15/09/09	29/04/09	-	Converted to LLP and dissolved	NO
6.	U45101DL2006PTC148907	SUNCITY RAJASTHAN SEZ DEVELOPERS PVT LTD	Director	16/09/09	29/04/09	-	Active	NO
7.	U70101DL2005PTC132901	TARUN AGGARWAL PROPERTIES PRIVATE LIMITED	Director	15/09/09	29/04/09	-	Converted to LLP and dissolved	NO
8.	U70102DL2006PTC149187	VARESHWAR BUILDWELL PRIVATE LIMITED	Director	14/09/09	29/04/09	-	Active	NO
9.	U45101DL2006PTC148852	SUNCITY SEZ PROJECTS PRIVATE LIMITED	Director	15/09/09	29/04/09	-	Active	NO
10.	U74899DL1995PTC070112	TIP-TOP PROPERTIES PRIVATE LIMITED	Director	21/09/09	29/04/09	-	Converted to LLP and dissolved	NO
11.	U45201DL2005PTC144177	VANSIDHAR PROJECTS PRIVATE LIMITED	Director	15/09/09	29/04/09	-	Converted to LLP and dissolved	NO
12.	U70101DL2005PTC144073	VARADRAJ BUILDCON PRIVATE LIMITED	Director	14/09/09	29/04/09	-	Active	NO
13.	U70101DL2005PTC144069	VARADRAJ BUILDWELL PRIVATE LIMITED	Director	14/09/09	29/04/09	05/12/13	Active	NO
14.	U70109DL2006PTC149310	VIRESH BUILDCON PRIVATE LIMITED.	Director	14/09/09	29/04/09	31/07/14	Active	NO
15.	U70101DL2005PTC141082	SURYANCHAL BUILDERS PRIVATE LIMITED	Director	15/09/09	29/04/09	03/12/13	Active	NO
16.	U45201DL2005PTC141304	SURYANCHAL PROJECTS PRIVATE LIMITED	Director	15/09/09	29/04/09	05/12/13	Active	NO
17.	U70109DL2006PTC149674	VIRESH PROMOTERS & DEVELOPERS PRIVATE LIMITED.	Director	14/09/09	29/04/09	03/02/12	Active	NO
18.	U82000DL2005PTC141083	UJJWAL COLONIZERS PRIVATE LIMITED	Director	15/09/09	29/04/09	05/12/13	Active	NO
19.	U70101DL2005PTC141079	UJJWAL BUILDWELL PRIVATE LIMITED	Director	15/09/09	29/04/09	05/12/13	Active	NO
20.	U74899DL2005PTC141302	SURYANCHAL COLONISERS PRIVATE LIMITED	Director	15/09/09	29/04/09	05/12/13	Active	NO
21.	U74899DL2005PTC142761	SURYAPRABHA BUILDWELL PRIVATE LIMITED	Director	15/09/09	29/04/09	03/12/13	Active	NO
22.	U70101DL2005PTC132900	T.A.BUILDCON PRIVATE LIMITED.	Director	15/09/09	29/04/09	05/12/13	Active	NO
23.	U74899DL1994PTC060746	V.K.SEEDS GROWING PRIVATE LIMITED	Director	21/09/09	29/04/09	21/06/10	Active	NO
24.	U70109DL2006PTC151683	La Lagune Maintenance Private Limited	Director	15/09/09	29/04/09	19/08/13	Active	NO
25.	U74900DL2008PTC178076	RADIUS INFRATEL PRIVATE LIMITED	Additional director	01/09/12	02/09/09	01/11/13	Active	NO
26.	U45201DL2005PTC142581	MATRIX PROPERTIES PRIVATE LIMITED	Director	18/09/10	27/03/10	19/10/10	Active	NO
27.	U51909DL1991PLC046869	JAGUAR OVERSEAS LIMITED	Director	28/09/11	19/08/11	-	Active	NO
28.	U72900DL2012PTC243197	Nextra Telesolutions Private Limited	Director	05/10/12	05/10/12	31/07/14	Active	NO
29.	AAC-0174	SAMDARSHI PROJECTS LLP	Designated Partner	21/01/14	21/01/14	-	Active	NO
30.	AAC-0177	VANSIDHAR PROJECTS LLP	Designated Partner	21/01/14	21/01/14	-	Active	NO
31.	AAC-0303	IMARAT PROPERTIES LLP	Designated Partner	27/01/14	27/01/14	-	Active	NO
32.	AAC-0319	TIP-TOP PROPERTIES LLP	Designated Partner	27/01/14	27/01/14	-	Active	NO
33.	AAC-0412	ESSEL INFRA LLP	Designated Partner	29/01/14	29/01/14	-	Active	NO
34.	AAC-0555	TARUN AGGARWAL PROPERTIES LLP	Designated Partner	03/02/14	03/02/14	-	Active	NO
35.	AAC-0965	PULKIT BUILDWELL LLP	Designated Partner	17/02/14	17/02/14	-	Active	NO
36.	AAC-1042	ANTRIKSH HOUSING LLP	Designated Partner	20/02/14	20/02/14	-	Active	NO
37.	AAC-1091	SURYAPRABHA REALTORS LLP	Designated Partner	21/02/14	21/02/14	-	Active	NO
38.	AAC-1349	T.A.PROPERTIES LLP	Designated Partner	28/02/14	28/02/14	-	Active	NO
39.	AAC-1616	DEEPANKAR BUILDTECH LLP	Designated Partner	11/03/14	11/03/14	-	Active	NO
40.	AAC-1641	CITY-WELL DEVELOPERS LLP	Designated Partner	11/03/14	11/03/14	-	Active	NO
41.	AAC-1643	LOVING MEMORIES PROPERTIES LLP	Designated Partner	11/03/14	11/03/14	-	Active	NO
42.	AAC-1649	GIRDHAR BUILDTECH LLP	Designated Partner	12/03/14	12/03/14	-	Active	NO
43.	AAC-1713	VANSIDHAR REALTORS LLP	Designated Partner	13/03/14	13/03/14	-	Active	NO
44.	AAC-1757	SHIVALIK BUILDCON LLP	Designated Partner	14/03/14	14/03/14	-	Active	NO
45.	AAC-1758	AJAY AGGARWAL PROJECTS LLP	Designated Partner	14/03/14	14/03/14	-	Active	NO
46.	AAC-1894	PICNIC SPOTS BUILDERS LLP	Designated Partner	19/03/14	19/03/14	-	Active	NO
47.	AAC-1922	SEE-SAW PROPERTIES LLP	Designated Partner	20/03/14	20/03/14	-	Active	NO
48.	AAC-1924	KRISHANG PROJECTS LLP	Designated Partner	20/03/14	20/03/14	-	Active	NO
49.	AAC-1942	O.G. PROPERTIES LLP	Designated Partner	20/03/14	20/03/14	-	Active	NO
50.	AAC-2087	DHARIYA PROPERTIES LLP	Designated Partner	25/03/14	25/03/14	-	Active	NO
51.	AAC-2353	OPEN FIELDS DEVELOPERS LLP	Designated Partner	02/04/14	02/04/14	-	Active	NO

Name :

Mr. Ashok Bansal

Designation :

Director

Address :

D-113, Preet Vihar, Delhi – 110092, India

Date of Birth/Age :

01.04.1960

Date of Appointment :

05.10.2012

DIN No. :

00048861

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.	U70102DL2006PTC149184	VARESHWAR COLONIZERS PRIVATE LIMITED.	Director	14/09/09	29/04/09	-	Active	NO
2.	U70102DL2006PTC149151	VARESHWAR REALTORS PRIVATE LIMITED.	Director	14/09/09	29/04/09	-	Active	NO
3.	U70102DL2006PTC149187	VARESHWAR BUILDWELL PRIVATE LIMITED	Director	14/09/09	29/04/09	-	Active	NO
4.	U70109DL2006PTC149674	VIRESH PROMOTERS & DEVELOPERS PRIVATE LIMITED.	Director	14/09/09	29/04/09	03/02/12	Active	NO
5.	U70101DL2005PTC144069	VARADRAJ BUILDWELL PRIVATE LIMITED	Director	14/09/09	29/04/09	05/12/13	Active	NO
6.	U74899DL2005PTC142761	SURYAPRABHA BUILDWELL PRIVATE LIMITED	Director	15/09/09	29/04/09	03/12/13	Active	NO
7.	U70101DL2005PTC132900	T.A.BUILDCON PRIVATE LIMITED.	Director	15/09/09	29/04/09	05/12/13	Active	NO
8.	U74900DL2008PTC178076	RADIUS INFRATEL PRIVATE LIMITED	Additional director	01/09/12	02/09/09	-	Active	NO
9.	U45201DL2005PTC142581	MATRIX PROPERTIES PRIVATE LIMITED	Director	18/09/10	27/03/10	19/10/10	Active	NO
10.	U70102DL2012PTC236493	SUNCITY INFRAESTATE PRIVATE LIMITED	Additional director	23/06/14	25/05/12	-	Active	NO
11.	U70101DL2012PTC237648	SUNCITY ASSETS PRIVATE LIMITED	Director	18/06/12	18/06/12	-	Active	NO
12.	U72900DL2012PTC243197	Nextra Telesolutions Private Limited	Director	05/10/12	05/10/12	-	Active	NO
13.	U45201DL2013PTC249112	ODEON DEVELOPERS PRIVATE LIMITED	Director	06/03/13	06/03/13	-	Active	NO
14.	U45400DL2013PTC249170	ODEON INFRASTRUCTURE PRIVATE LIMITED	Director	06/03/13	06/03/13	-	Active	NO
15.	U45200DL2013PTC249123	ODEON INFRATECH PRIVATE LIMITED	Director	06/03/13	06/03/13	-	Active	NO
16.	U45200DL2013PTC249119	ODEON HEIGHTS PRIVATE LIMITED	Director	06/03/13	06/03/13	-	Active	NO
17.	U45201DL2013PTC249199	ODEON BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	07/03/13	07/03/13	-	Active	NO
18.	U45200DL2013PTC249349	ODEON INFRABUILDERS PRIVATE LIMITED	Director	13/03/13	13/03/13	-	Active	NO
19.	U74900DL2013PTC249465	ODEON BUILDPRO PRIVATE LIMITED	Director	15/03/13	15/03/13	18/07/13	Active	NO
20.	U45400DL2013PTC249906	NEO SUNCITY PRIVATE LIMITED	Director	26/03/13	26/03/13	-	Active	NO
21.	U45200DL2013PTC249905	NUEVO SUNCITY PRIVATE LIMITED	Director	26/03/13	26/03/13	-	Active	NO
22.	U45400DL2013PTC251453	ODEON BUILDWELL PRIVATE LIMITED	Director	02/05/13	02/05/13	-	Active	NO
23.	AAC-0156	SUNCITY PROPWELL LLP	Designated Partner	20/01/14	20/01/14	-	Active	NO
24.	AAC-0176	MRITYUNJAY PROJECTS LLP	Designated Partner	21/01/14	21/01/14	-	Active	NO
25.	AAC-1042	ANTRIKSH HOUSING LLP	Designated Partner	20/02/14	20/02/14	-	Active	NO
26.	AAC-1094	SUNCITY INFRABUILDWELL LLP	Designated Partner	21/02/14	21/02/14	-	Active	NO
27.	AAC-1410	GYANESHWAR REALTORS LLP	Designated Partner	04/03/14	04/03/14	-	Active	NO
28.	AAC-1649	GIRDHAR BUILDTECH LLP	Designated Partner	12/03/14	12/03/14	-	Active	NO

Name :

Mr. Hari Shanker Singh

Designation :

Director

Address :

C-96, Sectro-33, Noida – 201301, Uttar Pradesh, India

Date of Birth/Age :

05.07.1969

Date of Appointment :

05.10.2012

DIN No. :

01437596

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	U74899DL1995PTC073898	RADIUS MARKETING PRIVATE LIMITED	Director	16/11/95	16/11/95	-	Active	NO
2	U51909DL1998PTC094805	RADIUS SYNERGIES PRIVATE LIMITED	Director	03/07/98	03/07/98	-	Active	NO
3	U22130DL2006PTC157070	ELEVENTH DIRECTION MEDIA SOLUTIONS PRIVATE LIMITED	Director	29/12/06	29/12/06	-	Active	NO
4	U74900DL2008PTC178076	RADIUS INFRATEL PRIVATE LIMITED	Additional director	14/03/14	13/05/08	-	Active	NO
5	U74120DL2008PTC181734	NEUTRAL ACCESS NETWORK OPERATOR PRIVATE LIMITED	Director	06/08/08	06/08/08	-	Active	NO
6	U29244DL2011PTC223043	Radius Synergies (India) Private Limited	Director	30/07/11	30/07/11	-	Active	NO
7	U29292DL2011PTC223036	Radius Procon Private Limited	Director	30/07/11	30/07/11	-	Active	NO
8	U72200DL2008PTC181743	Radius Synergies International Private Limited	Director	03/09/12	20/10/11	-	Active	NO
9	U64204DL2006PTC150077	Nextra Teleservices Private Limited	Director	24/09/12	06/06/12	-	Active	NO
10	U72900DL2012PTC243197	Nextra Telesolutions Private Limited	Director	05/10/12	05/10/12	-	Active	NO
11	U64204DL2013PTC255355	Radius M2M Synergies Private Limited	Director	15/07/13	15/07/13	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Reetambhara Sharma
Designation :	Supply Chain Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 27.09.2013

Names of Shareholders	No. of Shares	%age
Nextra Teleservices Private Limited, India	9999	99.99
Laxmi Narain Goel	1	0.01
Total	10000	100.00

As on 27.09.2013

Equity Share Break up (Percentage of Total Equity)

Category	Percentage of Holding
Bodies corporate	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in the business of sales and purchase of Internet related devices, Acquire Develop, Install Maintain and Run all type of Services in Telecommunication.

GENERAL INFORMATION

No. of Employees :	Not Divulged
Bankers :	Not Divulged

Banking Relations :	--
Auditors :
Name :	AVRM and Associates Chartered Accountants
Address :	E-17, East of Kailash, New Delhi – 110065, India
Tel. No. :	91-11-41077177
PAN No. :	AASFA1244L
Holding Company :	Nextra Teleservices Private Limited

CAPITAL STRUCTURE

As on 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs.10/- each	Rs.1.000 Million

Issued, Subscribed & Paid-up Capital :

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

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	(0.008)
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.092
(3) Non-Current Liabilities
(a) long-term borrowings	0.000
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) long-term provisions	0.000
Total Non-current Liabilities (3)	0.000
(4) Current Liabilities
(a) Short term borrowings	0.479
(b) Trade payables	0.543
(c) Other current liabilities	0.019
(d) Short-term provisions	0.017
Total Current Liabilities (4)	1.058
TOTAL	1.150
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	0.000
(iv) Intangible assets under development	0.000
(b) Non-current Investments	0.000
(c) Deferred tax assets (net)	0.000
(d) Long-term Loan and Advances	0.000
(e) Other Non-current assets	0.025
Total Non-Current Assets	0.025
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.411
(c) Trade receivables	0.011
(d) Cash and cash equivalents	0.380
(e) Short-term loans and advances	0.295
(f) Other current assets	0.028
Total Current Assets	1.125
TOTAL	1.150

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013
	SALES
		Income	0.818
		Other Income	0.000
		TOTAL	0.818
Less	EXPENSES
		Office Expenses
		Administrative Expenses
		Advertising Expenses
		TOTAL	0.826
	PROFIT/ (LOSS) BEFORE TAX		(0.008)
Less	TAX		0.000
	PROFIT/ (LOSS) AFTER TAX		(0.008)
	CIF VALUE OF IMPORT		0.268
	Earnings / (Loss) Per Share (Rs.)		(0.80)

KEY RATIOS

PARTICULARS		31.03.2013
PAT / Total Income	(%)	(0.98)
Net Profit Margin (PBT/Sales)	(%)	(0.98)
Return on Total Assets (PBT/Total Assets}	(%)	(0.70)
Return on Investment (ROI) (PBT/Networth)		(0.09)
Debt Equity Ratio (Total Debt/Networth)		5.21
Current Ratio (Current Asset/Current Liability)		1.06

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	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last one years	Yes
12]	Profitability for last one 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	No
24]	Banking facility details	No
25]	Conduct of the banking account	-----
26]	Buyer visit details	-----
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

NOTE:

The registered address of the company has been shifted from N-49, First Floor, Connaught Place, New Delhi - 110001 to the present address w.e.f 13.01.2014

UNSECURED LOANS

PARTICULAR	31.03.2013 (Rs. In Millions)
SHORT TERM BORROWINGS
Loans and advance from related parties.	0.479
Total	0.479

INDEX OF CHARGES

No Charges Exist for Company

CMT REPORT (Corruption, Money Laundering & Terrorism]

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

1] INFORMATION ON DESIGNATED PARTY

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

2] Court Declaration :

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

3] Asset Declaration :

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

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

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

Charges or investigation registered against subject: None

7] Criminal Records

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

8] Affiliation with Government :

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

9] Compensation Package :

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

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

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

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

CONTRAVENTION

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

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.57
UK Pound	1	Rs.100.42
Euro	1	Rs.78.45

INFORMATION DETAILS

Information Gathered by :	HNA
Analysis Done by :	KAR
Report Prepared by :	ANK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	4
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	1~10	--
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		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.