MIRA INFORM REPORT

Report No. :	318414
Report Date :	21.04.2015

IDENTIFICATION DETAILS

Name :	TVS INFRASTRUCTURE LIMITED (w.e.f. 15.06.2011)
Formerly Known As :	GREENARCHES INFRASTRUCTURE LIMITED (w.e.f. 27.04.2011) GREENARCHES INFRASTRUCTURE PRIVATE LIMITED
Registered Office :	B - 106, 10th Floor, 'B' Wing, Mittal Tower, Nariman Point, Mumbai-400021, Maharashtra
Tel. No.:	91-22-42327000
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	08.07.2005
Com. Reg. No.:	11-154628
Capital Investment / Paid-up Capital :	Rs. 55.000 Million
CIN No.: [Company Identification No.]	U45200MH2005PLC154628
TAN No.: [Tax Deduction & Collection Account No.]	MUMG11032A
PAN No.: [Permanent Account No.]	AACCG4215C
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is engaged in business of creating industrial infrastructure facilities by executing turn-key projects taking care of setting up or relocation of infrastructure.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

A (63)

RATING		STATUS	PROPOSED CREDIT LINE
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large

Maximum Credit Limit :	USD 1100000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a part of the TVS Group. It supports TVS Group’s supply chain management by providing core industrial infrastructure for management by providing core industrial infrastructure for manufacturing, distribution and sales. It is having a fine track. Overall financial position of the company seems to be sound. The rating takes into consideration its comfort from the strong percentage of the company. Trade relation are fair. Business is active. Payment terms are reported to be regular. 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 – December 31, 2014

Country Name	Previous Rating (30.09.2014)	Current Rating (31.12.2014)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

EXTERNAL AGENCY RATING

Rating Agency Name	ICRA
Rating	Term Loan = A+
Rating Explanation	Have adequate degree of safety and carry low credit risk.
Date	August 2014

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 :	Mr. James
Designation :	Account Executive
Contact No.:	91-22-32247932
Date :	20.04.2015

LOCATIONS

Registered Office/ Head Office :	B - 106, 10th Floor, 'B' Wing, Mittal Tower, Nariman Point, Mumbai-400021, Maharashtra, India
Tel. No.:	91-22-42327000
Fax No.:	91-22-42327013
E-Mail :	subodhis@gmail.com accounts.tvsinfrastructure@tvssons.com maru.tvsinfrastructure@tvssons.com infra@tvslsl.com viraf.tvsinfrastructure@tvssons.com
Website :	http://www.tvsinfrastructure.com
Branch Office - Chennai :	58, Eldams Road, Teynampet, Chennai – 600018, Tamilnadu, India
Tel. No.:	91- 44 – 66793222
Fax No.:	91- 44-66793127
Site Offices	Chakan: Serial No 338/1, Mahalunge Village, Chakan, MIDC Taluka: Khed, District, Pune – 410501, Maharashtra, India Vaipur: Village No : 136, Vaipur 'B' Block, Eraiyur Village, Mathur Post Siriperumbudur  Taluk, Kanchipuram Distirct-602 105, Tamilnadu, India

DIRECTORS

As on: 22.09.2014

Name :

Mr. Sukant Sadashiv Kelkar

Designation :

Director

Address :

No. 1, Sindhula, N. Gamadia Road, Mumbai - 400026, Maharashtra, India

Date of Birth/Age :

20.05.1939

Date of Appointment :

24.09.2007

DIN No.:

00015883

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	U65990MH1980PLC022589	NAPEROL INVESTMENTS LIMITED	Director	06/05/1980	06/05/1980	-	Active	NO
2	U65990MH1983PLC031477	MACROFIL INVESTMENTS LIMITED	Director	12/12/1984	12/12/1984	-	Active	NO
3	U65120MH1988PLC048746	HARVARD PLANTATIONS LIMITED	Director	23/09/1988	23/09/1988	-	Active	NO
4	L17120MH1879PLC000037	THE BOMBAY DYEING AND MANUFACTURING COMPANY LIMITED	Director	08/08/2014	29/08/1994	-	Active	NO
5	L15412WB1918PLC002964	BRITANNIA INDUSTRIES LIMITED	Director	12/08/1998	12/08/1998	-	Active	NO
6	U74999MH1991PLC059856	WADIA BSN INDIA LIMITED	Director	28/08/1998	28/08/1998	14/04/2009	Active	NO
7	U67120MH1988PLC048681	PLACID PLANTATIONS LIMITED	Director	23/09/1998	23/09/1998	-	Active	NO
8	U65991MH1994PLC080009	KOTAK MAHINDRA ASSET MANAGEMENT COMPANY LIMITED	Director	11/07/2014	11/10/2001	-	Active	NO
9	U51900MH1944PLC004225	NOWROSJEE WADIA AND SONS LIMITED	Director	30/09/2014	19/09/2002	-	Active	NO
10	U63013DL2004PLC217305	GO AIRLINES (INDIA) LIMITED	Director	29/07/2005	01/06/2004	23/08/2007	Active	NO
11	U69990MH1999PLC123190	IDFC AMC TRUSTEE COMPANY LIMITED	Director	17/03/2005	17/03/2005	07/02/2007	Active	NO
12	U45200MH2005PLC154628	TVS Infrastructure Limited	Director	24/09/2007	15/01/2007	-	Active	NO
13	U65993MH1988PLC048795	DAMASCUS INVESTMENT AND TRADING COMPANY LIMITED	Director	30/09/2008	12/08/2008	-	Amalgamated	NO
14	U65990MH1983PLC031125	KALABAKAN INVESTMENTS COMPANY LIMITED	Director	30/09/2008	12/08/2008	-	Amalgamated	NO
15	U67120MH1976PLC019304	ARCHWAY INVESTMENT COMPANY LIMITED	Additional director	20/09/2010	20/09/2010	15/02/2011	Active	NO
16	U65990MH1988PTC048388	GO INVESTMENTS AND TRADING PRIVATE LIMITED	Director	30/09/2011	11/02/2011	-	Active	NO

Name :

Mr. Lalit Kumar Daga

Designation :

Director

Address :

5-B, Purshottam Bhavan, Little Gibbs Road, Malabar Hills, Mumbai - 400006, Maharashtra, India

Date of Birth/Age :

30.11.1941

Date of Appointment :

29.09.2008

DIN No.:

00089905

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	U29256WB1962PTC025371	TRUTOOLS INDIA PRIVATE LIMITED.	Director	20/01/1962	20/01/1962	17/01/2008	Active	NO
2	U27203MH1972PTC015684	ASSOCIATED ALUMINIUM INDUSTRIES PRIVATE LIMITED.	Director	15/03/1972	15/03/1972	-	Active	NO
3	U25200MH1970PTC014899	DAGA RUBBER WORKS PRIVATE LIMITED	Director	05/12/1972	05/12/1972	-	Active	NO
4	U27100MH1981PTC025074	ASSOCIATED NON-FERROUS METALS PRIVATE LIMITED.	Director	25/08/1981	25/08/1981	-	Active	NO
5	U65993MH1982PLC028250	ASHISH TRADING AND AGENCY LIMITED	Director	28/09/1982	28/09/1982	-	Amalgamated	NO
6	U67120MH1983PLC031151	RANGOLI HOLDINGS LIMITED	Director	22/10/1983	22/10/1983	-	Amalgamated	NO
7	U51900MH1984PLC033114	ALPINE TRADING AND FINANCE LIMITED	Director	11/06/1984	11/06/1984	-	Amalgamated	NO
8	U67120MH1982PTC026923	VAIBHAV HOLDINGS PRIVATE LIMITED	Director	23/07/1984	23/07/1984	25/08/2014	Active	NO
9	L27300MH1983PLC029360	NILKANTH ENGINEERING LIMITED	Director	30/09/1986	30/09/1986	26/12/2014	Active	NO
10	L51900MH1980PLC022672	G D TRADING AND AGENCIES LIMITED	Director	26/12/1986	26/12/1986	10/07/2008	Active	NO
11	U71110MH1984PLC033885	JAYCHANDRA LEASING& INVESTMENTS LIMITED	Director	26/12/1986	26/12/1986	30/09/2010	Active	NO
12	L28920MH1987PLC043472	HIND ALUMINIUM INDUSTRIES LIMITED	Director	12/05/1987	12/05/1987	-	Active	NO
13	U55100MH1988GAP046130	VAIBHAV MEDICAL AND EDUCATION FOUNDATION	Director	05/02/1988	05/02/1988	-	Active	NO
14	U80300MH1987GAP042663	G.D.BIRLA MEDICAL RESEARCH AND EDUCATION FOUNDATION	Director	14/03/1988	14/03/1988	-	Active	NO
15	U67120MH1980PTC023476	BIRLA GROUP HOLDINGS PRIVATE LIMITED	Director	10/05/1988	10/05/1988	18/11/2014	Active	NO
16	U70101WB1990PTC049835	SHREE NURSINGH HOLDINGS PRIVATE LIMITED	Director	12/09/1990	12/09/1990	-	Active	NO
17	L52110DL1985PLC020240	MEENAKSHI STEEL INDUSTRIES LIMITED	Director	26/03/1991	26/03/1991	14/11/2014	Active	NO
18	U74900MH1984PTC032159	ADITYA BIRLA AHURA CENTRE MANAGEMENT PRIVATE LIMITED	Director	30/08/1993	30/08/1993	-	Active	NO
19	U32201GJ1980PTC003950	DYNAVENT AIR SYSTEMS PRIVATE LIMITED	Director	06/09/1993	06/09/1993	-	Active	NO
20	U70101MH1986PTC263392	SESHASAYEE PROPERTIES PRIVATE LIMITED	Director	13/06/1994	13/06/1994	25/08/2014	Active	NO
21	U65990MH1994PTC083320	DAGA CAPITAL MANAGEMENT PRIVATE LIMITED	Director	29/11/1994	29/11/1994	-	Active	NO
22	U67120MH1995PTC088230	SHUBHMANGAL PORTFOLIO PRIVATE LIMITED	Director	26/06/1996	26/06/1996	-	Active	NO
23	L51900MH1985PLC036668	NIRAV COMMERCIALS LIMITED	Managing director	30/05/2014	10/07/1996	-	Active	NO
24	U67120MH1995PTC092652	SATYAM PRIMA CAPITAL PRIVATE LIMITED	Director	10/04/2003	10/04/2003	-	Active	NO
25	U51900MH1982PTC026120	VINIT IMPEX PRIVATE LIMITED.	Director	23/08/2004	23/08/2004	-	Active	NO
26	U01100MH1979PTC021284	DNYANESHWAR HYBREED SEEDS COMPANY PRIVATE LIMITED	Director	23/08/2006	23/08/2006	-	Active	NO
27	U27200MH1971NPL015343	ALL INDIA NON-FERROUS METAL INDUSTRIES ASSOCIATION	Director	14/09/2006	14/09/2006	-	Active	NO
28	U45200MH2005PLC154628	TVS Infrastructure Limited	Director	29/09/2008	18/12/2007	-	Active	NO
29	U74950MH1989PTC053146	BABYDOLL AND WIZKID COMMUNICATION PRIVATE LIMITED.	Director	03/04/2008	03/04/2008	-	Active	NO
30	U70101MH1975PTC018702	URVI ESTATE PRIVATE LIMITED	Director	03/04/2008	03/04/2008	-	Active	NO
31	U01122MH2007PTC252336	GOODWILL CULTIVATORS PRIVATE LIMITED	Director	30/09/2008	09/05/2008	-	Active	NO
32	U80210MH2008NPL188385	LALIT SHEELA DAGA FOUNDATION	Director	21/11/2008	21/11/2008	-	Active	NO
33	U28133MH2011PTC218026	HIND POWER PRODUCTS PRIVATE LIMITED	Director	30/05/2011	30/05/2011	-	Active	NO
34	U28910MH2012PTC225808	ASSOCIATED ALUMINIUM PRODUCTS PRIVATE LIMITED	Director	06/01/2012	06/01/2012	-	Active	NO
35	U28990MH2010PTC200513	GOLANDAJ ABRASIVES PRIVATE LIMITED	Director	20/02/2013	20/02/2013	-	Active	NO
36	U70200MH2013PTC250229	Rishan Enterprises Private Limited	Director	20/11/2013	20/11/2013	23/01/2015	Active	NO

Name :

Mr. Ramachandhran Dinesh

Designation :

Director

Address :

No.16 Jawahar Road, Chokkikulam PO, Madurai - 625002, Tamil Nadu, India

Date of Birth/Age :

25.02.1965

Date of Appointment :

24.09.2007

DIN No.:

00363300

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	U34101TN1929PTC002973	T.V. SUNDRAM IYENGAR and SONS Private Limited	Managing director	01/04/2013	27/05/1998	-	Active	NO
2	U72300TN1997PLC039110	TVS INTERCONNECT SYSTEMS LIMITED	Director	28/09/1998	28/09/1998	24/09/2013	Active	NO
3	U35202TN1998PLC041466	Global TVS Bus Body Builders Limited	Director	23/11/1998	23/11/1998	-	Active	NO
4	U63011TN2004PLC054655	TVS LOGISTICS SERVICES LIMITED	Managing director	06/11/2013	16/11/2004	-	Active	NO
5	U72900TN2007PLC063049	India Telecom Infra Limited	Director	09/04/2007	09/04/2007	04/03/2008	Amalgamated	NO
6	U65921TN2007PLC063294	NSM Holdings Limited	Director	27/04/2007	27/04/2007	17/10/2013	Active	NO
7	U45200MH2005PLC154628	TVS Infrastructure Limited	Director	24/09/2007	30/04/2007	-	Active	NO
8	U63010TN2007PLC064282	TVS DYNAMIC GLOBAL FREIGHT SERVICES LIMITED	Director	19/07/2007	19/07/2007	-	Active	NO
9	U60200TN2008PLC068631	TVS COMMUTATION SOLUTIONS LIMITED	Director	21/07/2008	21/07/2008	-	Active	NO
10	U51220MH1944PLC004124	THE ASSOCIATED AUTO PARTS LIMITED	Director	29/09/2008	01/09/2008	-	Active	NO
11	U50102MH2009PTC195226	FIXALL AUTOMOTIVE SERVICES PRIVATE LIMITED	Director	25/08/2009	25/08/2009	-	Active	NO
12	U60100TN2010PLC074341	TVS AVIATION LOGISTICS LIMITED	Director	22/01/2010	22/01/2010	04/06/2013	Active	NO
13	U34100TN2009PLC071439	TVS AUTOMOBILE SOLUTIONS LIMITED	Director	13/12/2010	12/11/2010	-	Active	NO
14	U60200TN2009PLC071624	TVS RHR FINISHED VEHICLES LOGISTICS SOLUTIONS LIMITED	Director	29/09/2011	29/12/2010	31/03/2013	Active	NO
15	U51109TN2011PTC083208	DINRAM HOLDINGS PRIVATE LIMITED	Director	18/11/2011	18/11/2011	-	Active	NO
16	U74910TN2000PTC046218	APARAJITHA CORPORATE SERVICES Private Limited	Director	27/06/2014	28/03/2012	-	Active	NO
17	U50300GJ2012PLC069099	ESSEX AUTOMOBILE SOLUTIONS LIMITED	Director	14/08/2013	29/03/2012	-	Active	NO
18	U74990TN2010PLC076131	FLEXOL PACKAGING (INDIA) LIMITED	Director	29/09/2012	31/03/2012	27/03/2015	Active	NO
19	U50300KL2012PLC030459	FOCUZ AUTOMOBILE SERVICES LIMITED	Director	05/08/2013	24/04/2013	-	Active	NO
20	U72300TN1994PLC029467	TVS INFOTECH LIMITED	Director	30/09/2014	04/09/2014	-	Active	NO

Name :

Mr. Ravi Swaminathan Kumar

Designation :

Alternate Director

Address :

401, White House, N Gamadia Road, Mumbai - 400026, Maharashtra, India

Date of Birth/Age :

03.02.1956

Date of Appointment :

04.10.2012

DIN No.:

00581577

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	U99999MH1991PTC061052	PARAM PHARMA PRIVATE LIMITED	DIRECTOR	08/04/1991	08/04/1991	-	ACTIVE	NO
2	U67100MH2000PLC145080	ALLANZERS FIN NET LIMITED(AMAL)	DIRECTOR	09/03/2000	09/03/2000	-	AMALGAMATED	NO
3	U65993TN1999PTC066956	WINEVER ENERGY PRIVATE LIMITED	DIRECTOR	29/09/2008	12/07/2000	-	ACTIVE	NO
4	U45201MH1999PLC145079	ALLANZERS FIN NET LIMITED	DIRECTOR	14/01/2003	14/01/2003	-	ACTIVE	NO
5	U99999MH1993PTC070729	COOLMET CHEMICALS PRIVATE LIMITED	DIRECTOR	03/03/2003	03/03/2003	-	AMALGAMATED	NO
6	U63022MH2005PTC160832	WINEVER INDUSTRIAL ENTERPRISES PRIVATE LIMITED	DIRECTOR	08/02/2006	08/02/2006	-	ACTIVE	NO
7	U45200MH2005PLC154628	TVS INFRASTRUCTURE LIMITED	ALTERNATE DIRECTOR	04/10/2012	30/04/2007	-	ACTIVE	NO
8	U32109MH1994PLC077921	ACE INVESTMENT SERVICES (INDIA) LIMITED	DIRECTOR	30/09/2014	04/06/2007	-	ACTIVE	NO
9	U36100TN2008PTC067715	ADHWAIY INTERIOR DESIGNER AND SERVICES PRIVATE LIMITED	DIRECTOR	13/05/2008	13/05/2008	30/09/2011	ACTIVE	NO
10	U51900MH1994PTC080369	GULBARGA TRADING AND INVESTMENT PRIVATE LIMITED	DIRECTOR	30/09/2009	29/11/2008	01/03/2012	ACTIVE	NO
11	U92412MH2011PTC215317	FIVE PRO SPORTS MANAGEMENT PRIVATE LIMITED	DIRECTOR	25/03/2011	25/03/2011	31/03/2013	ACTIVE	NO
12	U92412MH2011PTC215400	INDIAN CRICKET DUNDEE PRIVATE LIMITED	DIRECTOR	28/03/2011	28/03/2011	31/03/2013	ACTIVE	NO
13	U51909MH2005PTC157368	ATLANTA MERCANTILE PRIVATE LIMITED	DIRECTOR	29/09/2012	14/06/2011	-	ACTIVE	NO
14	U01122MH2007PTC252336	GOODWILL CULTIVATORS PRIVATE LIMITED	DIRECTOR	29/09/2012	01/11/2011	-	ACTIVE	NO
15	U74999MH1922PLC000973	BOMBAY GYMKHANA LIMITED	DIRECTOR	27/06/2013	27/06/2013	-	ACTIVE	NO
16	U70200MH2013PTC250229	RISHAN ENTERPRISES PRIVATE LIMITED	DIRECTOR	20/11/2013	20/11/2013	19/03/2015	ACTIVE	NO
17	U51909MH2008PTC180481	DAFFODIL E-MERCANTILE PRIVATE LIMITED	ADDITIONAL DIRECTOR	07/10/2014	07/10/2014	-	ACTIVE	NO

Name :

Mr. Sargunaraj Ravichandran

Designation :

Director

Address :

New 2, (Old 55), Abhiramapuram 3rd Street, Chennai - 600018, Tamil Nadu, India

Date of Birth/Age :

01.06.1955

Date of Appointment :

24.09.2007

DIN No.:

01485845

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	U45200MH2005PLC154628	TVS INFRASTRUCTURE LIMITED	DIRECTOR	24/09/2007	30/04/2007	-	ACTIVE	NO
2	U63010TN2007PLC064282	TVS DYNAMIC GLOBAL FREIGHT SERVICES LIMITED	DIRECTOR	19/07/2007	19/07/2007	-	ACTIVE	NO
3	U60200TN2008PLC068631	TVS COMMUTATION SOLUTIONS LIMITED	DIRECTOR	21/07/2008	21/07/2008	-	ACTIVE	NO
4	L25111TN1982PLC009414	TVS SRICHAKRA LIMITED	DIRECTOR	25/09/2009	30/03/2009	25/09/2009	ACTIVE	NO
5	U60100TN2010PLC074341	TVS AVIATION LOGISTICS LIMITED	DIRECTOR	22/01/2010	22/01/2010	-	ACTIVE	NO
6	U60200TN2009PLC071624	TVS RHR FINISHED VEHICLES LOGISTICS SOLUTIONS LIMITED	DIRECTOR	29/09/2011	09/12/2010	-	ACTIVE	NO
7	U74990TN2010PLC076131	FLEXOL PACKAGING (INDIA) LIMITED	DIRECTOR	29/09/2012	31/03/2012	-	ACTIVE	NO
8	U60231TN2012PLC086461	CARGOWINGS LOGISTICS LIMITED	DIRECTOR	20/12/2013	06/09/2013	-	ACTIVE	NO
9	U63011TN2004PLC054655	TVS LOGISTICS SERVICES LIMITED	DIRECTOR	29/09/2014	15/11/2013	-	ACTIVE	NO
10	U74999TN2014PLC098233	TVS TOYOTA TSUSHO SUPPLY CHAIN SOLUTIONS LIMITED	DIRECTOR	28/11/2014	28/11/2014	-	ACTIVE	NO
11	U72900MH2000PLC126195	DRIVE INDIA ENTERPRISE SOLUTIONS LIMITED	ADDITIONAL DIRECTOR	20/03/2015	20/03/2015	-	ACTIVE	NO

Name :

Mr. Balasubramania Iyer Ganapathi Sarma

Designation :

Director

Address :

Old No.3, New No.5, Besant Road, Cokkikulam PO, Madurai DT, Madurai - 625002, Tamil Nadu, India

Date of Birth/Age :

24.08.1935

Date of Appointment :

24.09.2007

DIN No.:

01515444

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	U45200MH2005PLC154628	TVS Infrastructure Limited	Director	24/09/2007	30/04/2007	-	Active	NO
2	U65993TN2001PLC047748	NITYA KALYANEE INVESTMENT LIMITED	Director	29/09/2009	29/01/2009	29/12/2011	Active	NO
3	U34100TN2009PLC071439	TVS AUTOMOBILE SOLUTIONS LIMITED	Director	24/04/2009	24/04/2009	-	Active	NO

Name :

Ms. Meghna Ravi Kumar

Designation :

Director

Address :

401 White House, N Gamadia Road, Mumbai-400026, Maharashtra, India

Date of Birth/Age :

12.05.1987

Date of Appointment :

28.09.2012

DIN No.:

02550750

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	U45200MH2005PLC154628	TVS Infrastructure Limited	Director	28/09/2012	13/07/2010	-	Active	NO
2	U65993TN1999PTC066956	WINEVER ENERGY PRIVATE LIMITED	Director	29/09/2012	14/11/2011	-	Active	NO
3	U63022MH2005PTC160832	WINEVER INDUSTRIAL ENTERPRISES PRIVATE LIMITED	Director	29/09/2012	14/11/2011	-	Active	NO
4	U45201MH1999PLC145079	ALLANZERS FIN NET LIMITED	Director	29/09/2012	14/11/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. James
Designation :	Account Executive
Name :	Mr. Viraf Bodhanwala
Designation :	Chief Financial Officer
Name :	Mr. R. Manikandan
Designation :	General Manager – Projects:
Name :	Mr. Yogesh Bhargav
Designation :	Senior Finance Manager
Name :	AVP. Jayaprakash
Designation :	Project Manager
Name :	Ms. Arti A Panchal
Designation :	Company Secretary
Address :	18/13, 1373, Old MHB Colony, Gorai Road, Borivali (West), Mumbai - 400091, Maharashtra, India
Date of Birth/Age :	14.04.1988
Date of Appointment :	01.10.2012
PAN No.:	ARFPK9167J
Name :	Mr. Bodhanwala Kersi Viraf
Designation :	Manager
Address :	N-12, Bharucha Baug, S.V. Road, Andheri (West), Mumbai, Maharashtra, India
Date of Birth/Age :	18.12.1975
Date of Appointment :	01.04.2014

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on: 22.09.2014

Names of Shareholders	No. of Shares
Winever Industrial Enterprises Private Limited, India	392857
Allanzers Fin Net Limited, India	392857
Atlanta Mercantile Private Limited, India	13750
Winever Energy Private Limited, India	414822
Gautam Ashra	78571
Kanji Leasing, India	78571
K.S. Vyapaar Private Limited, India	157143
Keith Fernandes	78572
Associated Aluminium industries Private Limited, India	392857
TC Links Projects Private limited, India	500000
Daffodil E – Mercantile Private Limited, India	250000
TVS Logistics Services Limited, India	2750000
Total	5500000

Equity Share Break up (Percentage of Total Equity)

As on: 22.09.2014

Category	Percentage
Bodies corporate	95.71
Other top fifty shareholders	4.29
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged in business of creating industrial infrastructure facilities by executing turn-key projects taking care of setting up or relocation of infrastructure.

Products/ Services :

Item Code No.	Product / Services Description
99979900	Leasing of Industrial Infrastructure Structures

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Not Divulged

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

Not Divulged

Bankers :

• Axis Bank Limited, Corporate Banking Branch, Ground Floor, Axis House, Bombay Dyeing Mills Compound, P B Marg Worli, Mumbai- 400025, Maharashtra, India
• The South Indian Bank Limited, EMCA House, Ground Floor, 289, S B Singh Road, Fort, Mumbai - 400038, Maharashtra, India
• Union Bank of India
• HDFC Bank Limited

Facilities :

Secured Loan	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Long-term Borrowings
Rupee term loans from banks	119.310	192.592
Short-term borrowings
Working capital loans from banks	0.000	34.960
Total	119.310	227.552

Term Loans from banks are secured by pari-passu charge on immovable properties of the company and are also secured by pari-passu charge on specified movable and current assets of the company, both present and future.

Auditors :
Name :	B. K. Khare and Company Chartered Accountants
Address :	706/708 Sharda, ChambersNew, Marine Lines, Mumbai, Maharashtra, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFB0265E
Memberships :	Not Available
Collaborators :	Not Available
Associates:	TVS Logistics Services Limited (U63011TN2004PLC054655) T.V. Sundram Iyengar and Sons Limited (U34101TN1929PLC002973)

CAPITAL STRUCTURE

As on 22.09.2014

Authorized Capital:

No. of Shares	Type	Value	Amount
6,000,000	Equity Shares	Rs.10/- each	Rs. 60.000 Million

Issued, Subscribed & Paid-up Capital:

No. of Shares	Type	Value	Amount
5,500,000	Equity Shares	Rs.10/- each	Rs. 55.000 Million

FINANCIAL DATA

[all figures are in Rupees Million]

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	55.000	55.000	55.000
(b) Reserves & Surplus	325.356	271.051	237.063
(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)	380.356	326.051	292.063
(3) Non-Current Liabilities
(a) long-term borrowings	119.310	192.592	232.942
(b) Deferred tax liabilities (Net)	61.005	33.091	26.143
(c) Other long term liabilities	85.489	136.878	136.784
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	265.804	362.561	395.869
(4) Current Liabilities
(a) Short term borrowings	0.000	34.960	13.597
(b) Trade payables	1.535	1.745	1.484
(c) Other current liabilities	85.580	136.514	129.671
(d) Short-term provisions	64.378	0.329	0.175
Total Current Liabilities (4)	151.493	173.548	144.927
TOTAL	797.653	862.160	832.859
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	609.028	807.746	778.689
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	1.502	7.819
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.024	0.013	0.011
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	15.905	15.527	22.294
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	624.957	824.788	808.813
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	131.820	20.451	9.447
(d) Cash and cash equivalents	16.945	0.126	0.124
(e) Short-term loans and advances	23.931	16.795	14.475
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	172.696	37.372	24.046
TOTAL	797.653	862.160	832.859

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	192.483	155.659	142.752
		Other Income	99.425	1.076	3.538
		TOTAL (A)	291.908	156.735	146.290
Less	EXPENSES
		Employees benefits expense	8.030	5.734	5.589
		Other expenses	19.102	19.863	18.576
		TOTAL (B)	27.132	25.597	24.165
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		264.776	131.138	122.125
Less	FINANCIAL EXPENSES (D)		56.428	37.030	41.515
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		208.348	94.108	80.610
Less/ Add	DEPRECIATION/ AMORTISATION (F)		37.618	41.087	41.614
	PROFIT BEFORE TAX (E-F) (G)		170.730	53.021	38.996
Less	TAX (H)		52.077	19.034	12.781
	PROFIT AFTER TAX (G-H) (I)		118.653	33.987	26.215
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		128.549	94.562	68.347
Less	APPROPRIATIONS
		Transfer to General Reserve	12.500	0.000	0.000
		Proposed Dividend	55.000	0.000	0.000
		Corporate Dividend Tax	9.348	0.000	0.000
	BALANCE CARRIED TO THE B/S		170.354	128.549	94.562
	Earnings Per Share (Rs.)		21.57	6.18	4.77

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	61.64	21.83	18.36
Operating Profit Margin (PBIDT/Sales)	(%)	137.56	84.25	85.55
Return on Total Assets (PBT/Total Assets}	(%)	21.40	6.16	4.73
Return on Investment (ROI) (PBT/Networth)		0.45	0.16	0.13
Debt Equity Ratio (Total Debt /Networth)		0.31	0.70	0.84
Current Ratio (Current Asset/Current Liability)		1.14	0.22	0.17

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	55.000	55.000	55.000
Reserves & Surplus	237.063	271.051	325.356
Net worth	292.063	326.051	380.356
long-term borrowings	232.942	192.592	119.310
Short term borrowings	13.597	34.960	0.000
Total borrowings	246.539	227.552	119.310
Debt/Equity ratio	0.844	0.698	0.314

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	142.752	155.659	192.483
		9.042	23.657

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	142.752	155.659	192.483
Profit	26.215	33.987	118.653
	18.36%	21.83%	61.64%

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

CHANGE OF ADDRESS:

The Registered Office of the company has been shifted from “6-A, New Excelsior Building, 6th Floor, Wallace Street, Fort, Mumbai-400001, Maharashtra, India” to the present address w.e.f. 04.11.2008.

OPERATIONS REVIEW AND FUTURE OUTLOOK:

The Company’s operations for the Financial Year 2013 - 2014 was good and as budgeted. During the year, the Company’s normal operations generated revenue of Rs. 192.657 Million. This was 23 % higher than the previous year. During the year, the Company strategically decided to sell off some of its non-core Assets. This activity generated onetime revenue of Rs. 99.251 Million. The total profits generated from the normal business & strategic sale generated a profit of Rs. 118.653 Million. This was 98% higher than the previous year.

INDEX OF CAHREGS:

S. NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10280613	28/05/2014 *	20,000,000.00	THE SOUTH INDIAN BANK LIMITED	EMCA HOUSE, GROUND FLOOR, 289, S B SINGH ROAD, FORT, MUMBAI, MAHARASHTRA - 400038, INDIA	C07848518
2	10225376	01/11/2012 *	40,000,000.00	AXIS BANK LIMITED	CORPORATE BANKING BRANCH, GROUND FLOOR, AXIS HOUSE,  BOMBAY DYEING MILLS COMPOUND, PB MARG WORLI, MUMBAI, MAHARASHTRA - 400025, INDIA	B64811300
3	10225145	23/07/2012 *	100,000,000.00	AXIS BANK LIMITED	CORPORATE BANKING BRANCH, GROUND FLOOR,, BOMBAY D  YEING MILLS COMPOUND, P B MARG, WORLI, MUMBAI, MAHARASHTRA - 400025, INDIA	B55889323
4	10167989	09/07/2009	130,000,000.00	THE SOUTH INDIAN BANK LIMITED	EMCA HOUSE, GROUND FLOOR, 289, S B SINGH ROAD, FORT, MUMBAI, MAHARASHTRA - 400038, INDIA	A65718637

* Date of charge modification

CONTINGENT LIABILITIES:

(Rs. in million)

PARTICULARS	31.03.2014
Claims against company not acknowledged as debt	11.744
Total	11.744

FIXED ASSETS:

• Land
• Building
• Plant and equipment
• Furniture and fixtures
• Vehicle
• Office equipment
• Computer equipments

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.62.56
UK Pound	1	Rs.93.56
Euro	1	Rs.67.49

INFORMATION DETAILS

Information Gathered by :	DPA
Analysis Done by :	RSM
Report Prepared by :	MTN

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	7
PAID-UP CAPITAL	1~10	7
OPERATING SCALE	1~10	7
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	7
--PROFITABILITY	1~10	7
--LIQUIDITY	1~10	7
--LEVERAGE	1~10	7
--RESERVES	1~10	7
--CREDIT LINES	1~10	7
--MARGINS	-5~5	-
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		63

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.