MIRA INFORM REPORT

Report No. :	317851
Report Date :	17.04.2015

IDENTIFICATION DETAILS

Name :	P. H. TEKNOW PRIVATE LIMITED
Registered Office :	Flat No.2, Krishna Cottage-B CHS Limited, CTS No.677, Plot No.87, Paranjpe B Scheme, Road 3, Vile Parle (East), Mumbai – 400 057, Maharashtra
Tel. No.:	91-22-43405800
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	18.01.2014
Com. Reg. No.:	11-252210
Capital Investment / Paid-up Capital :	Rs.0.100 million
CIN No.: [Company Identification No.]	U72900MH2014PTC252210
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	Private Limited Liability Company
Line of Business :	Subject is engaged in the business of computer system software licenses and to render technical services in matter of computer and to carry on business as consultant advisors and consulting engineers.
No. of Employees :	16 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

NB

RATING		STATUS	PROPOSED CREDIT LINE
-	NB	New Business	-

Status :	New Company
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company incorporated during 18^th January 2014, and it is establishing itself gradually. Ms. Suvarna Vedpathak, Senior Accountant has provided general information to us and claimed that the company has started its commercial operation from May 2014. However, trade relations are improving. Business is active. Payments are reported to be unknown. The company can be considered for business dealing on 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.

EXTERNAL AGENCY RATING

NOT AVAILABLE

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

Name :	Ms. Suvarna Vedpathak
Designation :	Senior Accountant
Contact No.:	91-22-43405803
Date :	16.04.2015

LOCATIONS

Registered Office :	Flat No.2, Krishna Cottage-B CHS Limited, CTS No.677, Plot No.87, Paranjpe B Scheme, Road 3, Vile Parle (East), Mumbai – 400 057, Maharashtra, India
Tel. No.:	91-22-43405800/ 43405803
Fax No.:	Not Available
E-Mail :	sales@phteknow.com paresh@phteknow.com suvarna@phteknow.com contact@kiranmehtaca.com
Website :	http://phteknow.com
Area :	2000 sq. ft.
Location :	Owned
Sales Office :	A/3, “Hare Krishna”, Ground Floor, 242, Sir P.M. Road, Vile Parle (East), Mumbai – 400 057, Maharashtra, India

DIRECTORS

Name :	Mr. Paresh Vikram Shah
Designation :	Director
Address :	6, Kalpana, 20, Park Road, Vile Parle (East), Mumbai – 400 057, Maharashtra, India
Date of Birth/Age :	25.05.1961
Qualification :	Engineering
Date of Appointment :	18.01.2014
DIN No.:	01601157
Name :	Mr. Manish Vikram Shah
Designation :	Director
Address :	1^st Floor, Akansha Building, 189, Nanda Patkar Road, Vile Parle (East), Mumbai – 400 057, Maharashtra, India
Date of Birth/Age :	26.08.1965
Qualification :	B. Sc. IT
Date of Appointment :	18.01.2014
DIN No.:	06713052
Name :	Mr. Vikram Manilal Shah
Designation :	Director
Address :	6, Kalpana, 20, Park Road, Vile Parle (East), Mumbai – 400 057, Maharashtra, India
Date of Birth/Age :	19.09.1934
Date of Appointment :	18.01.2014
DIN No.:	06713060

KEY EXECUTIVES

Name :	Ms. Suvarna Vedpathak
Designation :	Senior Accountant
Name :	Mr. Rajkumar Chaurasia
Designation :	Technical Support Manager
Name :	Mr. Sanjay Panchal,
Designation :	Marketing Executive
Name :	Ms. Anita Salve
Designation :	Inside sales Resource Department
Name :	Ms. Lavina Patrao,
Designation :	Administration Department
Name :	Mr. Anant Haryan
Designation :	Desktop Support Engineer

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 31.03.2014

Names of Shareholders	No. of Shares	% of Holding
Paresh Vikram Shah	4000	40.00
Manish Vikram Shah	4000	40.00
Vikram Manilal Shah	2000	20.00
Total	10000	100.00

BUSINESS DETAILS

Line of Business :	Subject is engaged in the business of computer system software licenses and to render technical services in matter of computer and to carry on business as consultant advisors and consulting engineers.
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Available
Imports :	Not Available
Terms :
Selling :	Cash and Credit (30/ 60/ 90 days)
Purchasing :	Cash and Credit (30/ 60/ 90 days)

PRODUCTION STATUS – NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :	Kiran Mehta and Company
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

Praful Doshi and Company

Customers :

End Users and OEM’s

Reference :	Abbott Laboratories
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

· Bharat Bijlee

· Jyoti Structures Limited

· Godfrey Phillips

· Tech Process Solutions Limited

· United Phosphorus Limited

· Varun Industries Limited

· ACE

No. of Employees :

16 (Approximately)

Bankers :

Banker Name	Yes Bank Limited
Branch Address	Andheri (East) Branch, Mumbai, Maharashtra, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Kotak Mahindra Bank Limited

Banking Relations :	--
Auditors :
Name 1 :	Kiran Mehta and Company Chartered Accountants
Address :	11,12,13 Medows House, Medows Street, Tamrind Lane, Above Ankur Restaurant, Flora Fountain, Mumbai – 400 001, Maharashtra, India
PAN No.:	AAAFK3940M
Name 2 :	Praful Doshi and Company Chartered Accountants
Address :	Mumbai, Maharashtra, India
Memberships :	Not Available
Collaborators :	Not Available
Associates/Subsidiaries :	Not Available

CAPITAL STRUCTURE

AS ON 30.09.2014

Authorised Capital : Rs.2.400 million

Issued, Subscribed & Paid-up Capital : Rs.0.100 million

AS ON 31.03.2014

Authorised Capital :

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

Issued, Subscribed & Paid-up Capital :

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

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014
I. EQUITY AND LIABILITIES
(1) Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	(0.005)
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.095
(3) Non-Current Liabilities
(a) Long-term borrowings	0.000
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) Long-term provisions	0.000
Total Non-current Liabilities (3)	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000
(b) Trade payables	0.046
(c) Other current liabilities	0.000
(d) Short-term provisions	0.000
Total Current Liabilities (4)	0.046
TOTAL	0.141
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	0.041
Total Non-Current Assets	0.041
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.000
(c) Trade receivables	0.000
(d) Cash and cash equivalents	0.100
(e) Short-term loans and advances	0.000
(f) Other current assets	0.000
Total Current Assets	0.100
TOTAL	0.141

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014
	SALES
		Income	0.000
		Other Income	0.000
		TOTAL	0.000
Less	EXPENSES
		Other Expenses
		Payment to Auditors – Statutory Audit	0.005
		TOTAL	0.005
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION		(0.005)
Less	FINANCIAL EXPENSES		0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		(0.005)
Less/ Add	DEPRECIATION/ AMORTISATION		0.000
	PROFIT/ (LOSS) BEFORE TAX		(0.005)
Less	TAX		0.000
	PROFIT/ (LOSS) AFTER TAX		(0.005)
	Earnings / (Loss) Per Share (Rs.)		(0.50)

Expected Sales (2014-2015): Rs.200.000 million

The above information has been parted by Ms. Suvarna Vedpathak (Senior Accountant).

KEY RATIOS

PARTICULARS		31.03.2014
Net Profit Margin (PAT/Sales)	(%)	0.00
Operating Profit Margin (PBDIT/ Sales)	(%)	0.00
Return on Total Assets (PBT/Total Assets}	(%)	(3.55)
Return on Investment (ROI) (PBT/Networth)		(0.05)
Debt Equity Ratio (Total Debt/Networth)		0.00
Current Ratio (Current Asset/Current Liability)		2.17

LOCAL AGENCY FURTHER INFORMATION

NOTE: Current Maturities of Long Term Debts is Not Available.

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 around 2 months	Yes
12]	Profitability for last around 2 months	Yes
13]	Reasons for variation <> 20%	-----
14]	Estimation for coming financial year	Yes
15]	Capital in the business	Yes
16]	Details of sister concerns	No
17]	Major suppliers	Yes
18]	Major customers	Yes
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	Yes
21]	Market information	-----
22]	Litigations that the firm / promoter involved in	-----
23]	Banking Details	Yes
24]	Banking facility details	No
25]	Conduct of the banking account	-----
26]	Buyer visit details	-----
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

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.62.37
UK Pound	1	Rs.92.44
Euro	1	Rs.66.56

INFORMATION DETAILS

Information Gathered by :	PPT
Analysis Done by :	KAR
Report Prepared by :	SMN

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.