MIRA INFORM REPORT

Report No. :	334426
Report Date :	01.08.2015

IDENTIFICATION DETAILS

Name :	GUPTA CORPORATION PRIVATE LIMITED (W.E.F. 14.09.2011)
Formally Known As:	GUPTA CORPORATION LIMITED (W.E.F 05.09.2007) GUPTA CORPORATION AND HOLDINGS LIMITED (W.E.F. 15.05.2007) GUPTA ENERGY LIMITED
Registered Office :	Levels Ground and 1 Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra
Tel. No.:	Not Available
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	17.06.2005
Com. Reg. No.:	11-154038
Capital Investment / Paid-up Capital :	Rs. 378.122 Million
CIN No.: [Company Identification No.]	U40100MH2005PTC154038
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AACCG4635J
Legal Form :	Private Limited Liability Company
Line of Business :	Trader of Coal
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (41)

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

Maximum Credit Limit :	USD 8100000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. As management failed to file the financials documents for the year ended 31.03.2014 to statutory authorities. And the documents are not been available from any sources. From the FY-2013, the company have shown sound financial risk profile, healthy revenue diversification marked by decent capital structure, net worth and comfortable debt protection metrics. However, trade relations are improving. Business is active. Payment terms reported to be slow but correct. In view of absence of latest financials, the company can be considered for business dealings with its usual trade terms and conditions.

NOTES :

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

ECGC Country Risk Classification List – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
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	Not Available
Rating	Not Available
Rating Explanation	Not Available
Date	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 31-03-2013.

INFORMATION DENIED

MANAGEMENT NON CO-OPERATIVE (91-712-6664000)

LOCATIONS

Registered Office :	Levels Ground and 1 Trade Centre, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India
Tel. No.:	Not Available
Fax No.:	Not Available
E-Mail :	guptas_ngp@sancharnet.in
Corporate & Administrative Office:	5th Floor, Gupta Tower,, Temple Road, Civil Lines,, Nagpur - 440001, Maharashtra, , India
Tel. No.:	91 -712 - 6657400
Fax No.:	91 - 712 - 6647144
E-Mail :	guptas_ngp@sancharnet.in info@guptaglobal.com

DIRECTORS

AS ON 29.09.2014

Name :

Padmesh Deodutta Gupta

Designation :

Director

Address :

Hari-Nikunj, House No. 190, Museum Road, Civil Lines,, Nagpur, 440001, Maharashtra, India

Date of Birth/Age :

29.02.1964

Date of Appointment :

17.06.2005

DIN No.:

00263859

PAN No.:

AATPG8809Q

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	U51909MH1989PTC051640	GUPTA COAL INDIA Private Limited	Director	05-05-1989	05-05-1989	-	Active	NO
2	U65910MH1994PTC076739	GUPTA LEASING AND FINANCE Private Limited	Director	22-02-1994	22-02-1994	01-08-2011	Active	NO
3	U99999MH1994PLC082316	INDO-KRISHNA GREEN FIELDS LIMITED	Director	24-10-1994	24-10-1994	01-08-2011	Active	NO
4	U45200MH1996PTC101141	Gupta Infra Project Developers Private Limited	Director	04-10-2000	04-10-2000	18-08-2011	Active	NO
5	U10100MH2001PTC130464	GUPTA GLOBAL RESOURCES Private Limited	Managing director	01-10-2010	15-01-2001	-	Active	NO
6	U10102DL2002PTC116287	AP COAL WASHERIES PRIVATE LIMITED	Director	22-07-2002	22-07-2002	-	Active	NO
7	U45203MH2002PTC137098	GUPTA INFRATEC PRIVATE LIMITED	Director	18-07-2005	05-09-2002	21-03-2013	Active	NO
8	U24292CT1999PLC013364	MARUTI CLEAN COAL AND POWER LIMITED	Director	09-09-2002	09-09-2002	04-04-2014	Active	NO
9	U10200MH2003PTC140830	UNITED COAL WASHRIES PRIVATE LIMITED	Director	10-06-2003	10-06-2003	-	Amalgamated	NO
10	U40100MH2005PTC154038	GUPTA CORPORATION Private Limited	Director	17-06-2005	17-06-2005	-	Active	NO
11	U40100MH2005PTC156213	MAHARASHTRA VIDHYUT NIGAM Private Limited	Director	21-09-2005	21-09-2005	10-04-2013	Active	NO
12	U27101MH2005PTC156270	GUPTA INDUSTRIES PRIVATE LIMITED	Director	22-09-2005	22-09-2005	-	Active	NO
13	U45200MH2005PTC157219	GUPTA INFRASTRUCTUR ( INDIA ) PRIVATE LIMITED	Director	09-11-2005	09-11-2005	-	Active	NO
14	U23109OR2002PLC006906	EARTH MINERALS COMPANY LIMITED	Director	18-02-2006	18-02-2006	29-03-2013	Active	NO
15	U74999CT2002PLC000144	MONNET DANIELS COAL WASHERIES LIMITED	Director	20-03-2006	20-03-2006	-	Active	NO
16	U40106CT2003PLC015560	CHHATTISGARH POWER AND COAL BENEFICIATION LIMITED	Director	30-09-2006	22-03-2006	15-01-2014	Active	NO
17	U51109WB1995PTC069628	TASMSEEM COMMERCIAL PRIVATE LIMITED.	Director	20-07-2006	20-07-2006	18-08-2011	Converted to LLP and dissolved	NO
18	U63011MH2006PLC164369	NAGPUR SICAL GUPTA LOGISTICS LIMITED	Director	06-09-2006	06-09-2006	16-07-2014	Active	NO
19	U45202MH2007PLC169997	NAGPUR SICAL GUPTA ROAD TERMINAL LIMITED	Director	16-04-2007	16-04-2007	16-07-2014	Active	NO
20	U51909WB2004PTC098061	MANASI COMMODITIES PRIVATE LIMITED	Director	08-05-2007	08-05-2007	18-08-2011	Converted to LLP	NO
21	U40102MH2007PTC175497	GUPTA ENERGY PRIVATE LIMITED	Director	30-10-2007	30-10-2007	-	Active	NO
22	U63090MH2007PTC177038	GUPTA LOGISTICS PRIVATE LIMITED	Director	24-12-2007	24-12-2007	12-05-2009	Active	NO
23	U70102MH2007PTC177054	GUPTA REALINFRA VENTURES PRIVATE LIMITED	Director	24-12-2007	24-12-2007	30-08-2011	Active	NO
24	U40109MH2008PTC177211	CASPER ENERGY PRIVATE LIMITED	Director	01-01-2008	01-01-2008	10-01-2015	Active	NO
25	U14290MH2008PTC177392	GUPTA NATURAL RESOURCE VENTURES PRIVATE LIMITED	Director	05-01-2008	05-01-2008	05-08-2011	Active	NO
26	U10100MH2008PTC177715	WANI COALFIELDS PRIVATE LIMITED	Director	11-01-2008	11-01-2008	-	Active	NO
27	U45203MH2008PTC179951	NAGPUR HIGHWAY INFRACONS PRIVATE LIMITED	Director	11-03-2008	11-03-2008	05-08-2011	Active	NO
28	U26900MH2008PTC187201	CISC GUPTA MINES AND MINERALS PRIVATE LIMITED	Director	30-09-2008	30-09-2008	-	Active	NO
29	U72200MH2000PLC128681	OCEAN WIND ENERGY SYSTEMS LIMITED	Director	30-09-2009	17-10-2008	18-08-2011	Active	NO
30	U51420MH2004PTC257541	SAPHIRE STEEL PRIVATE LIMITED	Director	14-11-2008	14-11-2008	16-03-2010	Active	NO
31	U40105MH2009PTC193717	VIBRANT GLOBAL VIDYUT PRIVATE LIMITED	Director	01-07-2009	01-07-2009	13-11-2010	Active	NO
32	U52322WB2004PTC100484	RASIKA GARMENTS PRIVATE LIMITED	Director	08-04-2010	08-04-2010	18-08-2011	Active	NO
33	U74900CT2010PLC021772	CHHATTISGARH MALL MANAGEMENT LIMITED	Director	27-04-2010	27-04-2010	-	Active	NO
34	U51109WB1983PTC036005	JAY AAR COMMERCIAL PVT LTD	Director	12-05-2010	12-05-2010	30-08-2011	Active	NO
35	U14100MH2010SGC205717	MSMC WARORA COLLIERIES LIMITED	Nominee director	20-07-2010	20-07-2010	-	Active	NO
36	U01403MH2011PTC211726	AGRICORP ENERGY PRIVATE LIMITED	Additional director	01-05-2012	03-01-2011	13-12-2013	Active	NO
37	U63090MH2010PTC209882	CENIN TOURS AND TRAVELS COMPANY PRIVATE LIMITED	Additional director	10-02-2011	10-02-2011	29-12-2011	Active	NO
38	U23109WB2011PTC165034	ALLIANCE COKE CALCINER PRIVATE LIMITED	Director	18-07-2011	18-07-2011	03-03-2014	Strike off	NO
39	U37100MH2011PTC221997	VECOR GREEN CERAMICS PRIVATE LIMITED	Director	14-09-2011	14-09-2011	26-12-2014	Active	NO

Name :

Piyush Marodia

Designation :

Director

Address :

190, Hari Nikunj, Museum Road, Civil, Nagpur, 440001, Maharashtra, India

Date of Birth/Age :

18.08.1984

Date of Appointment :

10.09.2009

DIN No.:

01730162

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	U51909MH1989PTC051640	GUPTA COAL INDIA PRIVATE LIMITED	Whole-time director	01-07-2012	17-05-2007	-	Active	NO
2	U10100MH2001PTC130464	GUPTA GLOBAL RESOURCES PRIVATE LIMITED	Director	02-07-2012	17-05-2007	-	Active	NO
3	U10100MH2008PTC177715	WANI COALFIELDS PRIVATE LIMITED	Director	11-01-2008	11-01-2008	-	Active	NO
4	U45203MH2008PTC178136	RAGHAV BUILDMAT PRIVATE LIMITED	Director	01-10-2013	22-01-2008	-	Active	NO
5	U24292CT1999PLC013364	MARUTI CLEAN COAL AND POWER LIMITED	Director	30-09-2008	04-04-2008	16-02-2009	Active	NO
6	U40102MH2007PTC175497	GUPTA ENERGY PRIVATE LIMITED	Director	25-09-2008	18-07-2008	-	Active	NO
7	U45203MH2008PTC179951	NAGPUR HIGHWAY INFRACONS PRIVATE LIMITED	Director	28-09-2009	03-06-2009	-	Active	NO
8	U51909WB2004PTC098061	MANASI COMMODITIES PRIVATE LIMITED	Director	24-09-2009	03-06-2009	-	Converted to LLP	NO
9	U99999MH1994PLC082316	INDO-KRISHNA GREEN FIELDS LIMITED	Director	30-09-2009	03-06-2009	-	Active	NO
10	U51420MH2004PTC257541	SAPHIRE STEEL PRIVATE LIMITED	Director	29-09-2009	03-06-2009	16-03-2010	Active	NO
11	U65910MH1994PTC076739	GUPTA LEASING AND FINANCE PRIVATE LIMITED	Additional director	04-06-2009	04-06-2009	-	Active	NO
12	U45203MH2002PTC137098	GUPTA INFRATEC PRIVATE LIMITED	Director	15-09-2009	04-06-2009	-	Active	NO
13	U40100MH2005PTC154038	GUPTA CORPORATION PRIVATE LIMITED	Director	10-09-2009	04-06-2009	-	Active	NO
14	U51109WB1995PTC069628	TASMSEEM COMMERCIAL PRIVATE LIMITED.	Director	26-09-2009	05-06-2009	-	Converted to LLP and dissolved	NO
15	U45200MH1996PTC101141	GUPTA INFRA PROJECT DEVELOPERS PRIVATE LIMITED	Director	26-09-2009	05-06-2009	-	Active	NO
16	U14290MH2008PTC177392	GUPTA NATURAL RESOURCE VENTURES PRIVATE LIMITED	Director	25-09-2009	15-07-2009	-	Active	NO
17	U40109MH2008PTC177211	CASPER ENERGY PRIVATE LIMITED	Director	29-09-2009	15-07-2009	15-01-2015	Active	NO
18	U70102MH2007PTC177054	GUPTA REALINFRA VENTURES PRIVATE LIMITED	Director	24-09-2009	16-07-2009	-	Active	NO
19	U52322WB2004PTC100484	RASIKA GARMENTS PRIVATE LIMITED	Director	08-04-2010	08-04-2010	-	Active	NO
20	U40100MH2005PTC156213	MAHARASHTRA VIDHYUT NIGAM Private Limited	Director	14-08-2010	09-04-2010	-	Active	NO
21	U45200MH2005PTC157219	GUPTA INFRASTRUCTUR ( INDIA ) PRIVATE LIMITED	Director	10-09-2010	14-04-2010	29-09-2012	Active	NO
22	U23109OR2002PLC006906	EARTH MINERALS COMPANY LIMITED	Director	30-09-2010	22-04-2010	-	Active	NO
23	U74900CT2010PLC021772	CHHATTISGARH MALL MANAGEMENT LIMITED	Director	27-04-2010	27-04-2010	-	Active	NO
24	U51109WB1983PTC036005	JAY AAR COMMERCIAL PRIVATE LIMITED	Director	12-05-2010	12-05-2010	-	Active	NO
25	U51909WB2008PTC124310	SURYODAY VANIJYA PRIVATE LIMITED	Director	16-08-2010	16-08-2010	-	Active	NO
26	U52100WB2007PTC116266	SARSWATI COMMODITIES PRIVATE LIMITED	Director	28-08-2010	28-08-2010	18-06-2012	Active	NO
27	U51909WB2007PTC118233	DHIRENDRA MERCHANTS PRIVATE LIMITED	Director	28-08-2010	28-08-2010	18-06-2012	Active	NO
28	U51909MH2008PTC257542	EASTERN DEALCOM PRIVATE LIMITED	Director	22-09-2010	22-09-2010	-	Active	NO
29	U51109MH2007PTC257509	MANGAL DEEP SALES PRIVATE LIMITED	Director	24-09-2010	24-09-2010	-	Active	NO
30	U01403MH2011PTC211726	AGRICORP ENERGY PRIVATE LIMITED	Director	03-01-2011	03-01-2011	13-12-2013	Active	NO
31	U74120WB2008PTC122707	SREEDEB ADVISORY SERVICES PRIVATE LIMITED	Director	12-12-2011	02-12-2011	-	Active	NO
32	U10300UP2012PTC051852	EARTH ELEMENTS DEVELOPMENT COMPANY PRIVATE LIMITED	Director	07-08-2012	07-08-2012	02-05-2014	Active	NO
33	AAB-0854	MANASI COMMODITIES LLP	Body corporate as Designated Partner	27-08-2012	27-08-2012	-	Active	NO
34	AAB-0855	TASMSEEM COMMERCIAL LLP	Body corporate as Designated Partner	27-08-2012	27-08-2012	-	Active	NO

Name :

Virendra Kumar Ajmera

Designation :

Director

Address :

19 Mangalwara, Jain Mandir Road, Bhopal, 462023, Madhya Pradesh, India

Date of Birth/Age :

06.05.1960

Date of Appointment :

30.09.2010

DIN No.:

03187991

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	U40100MH2005PTC154038	GUPTA CORPORATION PRIVATE LIMITED	Director	30-09-2010	16-08-2010	-	Active	NO
2	U45200MP2013PTC030363	SHANTI DHARA INFRA HOMES PRIVATE LIMITED	Additional director	01-05-2013	01-05-2013	-	Active	NO
3	U45200MP2013PTC030836	SHANTIDHARA INFRAESTATE PRIVATE LIMITED	Director	27-05-2013	27-05-2013	-	Active	NO

MAJOR SHAREHOLDERS

AS ON 29.09.2014

Names of Shareholders (Equity Shares)	No. of Shares
Padmesh Gupta	12646000
Anuradha Gupta	255000
Anurag Gupta	10000
Saphire Steel Private Limited	50820000
Manasi Commodities LLP	23650000
Tasmeen Commercial LLP	17410000
Gupta Coal India Private Limited	955960
Rasika Garments Private Limited	49850000
Gupta Infra Project Developers Private Limited	5500000
Dhirendra Merchants Private Limited	48721000
Eastern Dealcom Private Limited	16315000
Jay Aar Commercial Private Limited	12150000
Mangaldeep Sales Private Limited	11740000
Saraswati Commodities Private Limited	22091700
Suryoday Vanijya Private Limited	38522850
Total	310637510

Names of Shareholders (preference shares)	No. of Shares
Magic Verse (Preference shares @ Rs. 100/- each)	674450
Total	674450

Equity Share Break up (Percentage of Total Equity)

AS ON 29.09.2014

Category	Percentage
Bodies corporate	95.85
Directors or relatives of Directors	4.15
Total	100.00

BUSINESS DETAILS

Line of Business :	Trader of Coal
Products :	Not Available
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

PRODUCTION STATUS: NOT AVAILABLE

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 :

Information declined by the management

Bankers :

Banker Name	Not Divulged
Branch Address	Not Divulged
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

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Rupee term loans from bank	787.500	912.500
Total	787.500	912.500

Financial Institute :	Tata Capital Limited, One Forbes, Dr V B Gandhi Marg,Fort, Mumbai - 400001, Maharashtra, India
Auditors :
Name :	Banthia Damani And Associates Chartered Accountant
Address :	F00-19, S0-08, Amarjyoti palace, Wardha Road, Dhantoli Nagpur - 440010, Maharashtra India
PAN N Income-tax PAN of auditor or auditor's firm :	AAGFB7463E
Memberships :	Not Available
Collaborators :	Not Available
Associates :	· Chhattisgarh Mall Management Limited, India [U74900CT2010PLC021772] · Gupta Infrastructure (India ) Private Limited, India [U45200MH2005PTC157219] · Gupta Infratec Private Limited, India [U45203MH2002PTC137098] · Gupta Logistics Private Limited, India [U63090MH2007PTC177038] · Indo-Krishna Green Fields Limited, India [U99999MH1994PLC082316] · Nagpur Highway Infracons Private Limited, India [U45203MH2008PTC179951]
Subsidiary company:	· Gupta Coal India Private Limited, India [U51909MH1989PTC051640] · Gupta Coal India Private Limited, India [U51909MH1989PTC051640] · Gupta Power House Private Limited, India [U40109MH2008PTC177211] · Gupta Realinfra Ventures Private Limited, India [U70102MH2007PTC177054] · Manas I Commodities LLP, India · Saphire Steel Private Limited, India [U51420MH2004PTC257541] · Tasmseem Commercial LLP, India

CAPITAL STRUCTURE

AS ON 29.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
330000000	Equity Shares	Rs.1/- each	Rs.330.000 Million
700000	Preference Shares	Rs 100 each	Rs. 70.000 Million
	Total		Rs. 400.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
310677510	Equity Shares	Rs.1/- each	Rs.310.677 Million
674450	Preference Shares	Rs 100 each	Rs. 674.450 Million
	Total		Rs. 378.122 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	378.122	310.678	310.678
(b) Reserves & Surplus	2464.595	2678.077	2676.612
(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)	2842.717	2988.755	2987.290
(3) Non-Current Liabilities
(a) long-term borrowings	787.500	912.500	500.000
(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)	787.500	912.500	500.000
(4) Current Liabilities
(a) Short term borrowings	4239.664	3329.691	3373.884
(b) Trade payables	209.943	10.219	0.080
(c) Other current liabilities	234.570	111.680	2.320
(d) Short-term provisions	0.000	0.390	0.080
Total Current Liabilities (4)	4684.177	3451.980	3376.364
TOTAL	8314.394	7353.235	6863.654
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000	0.000	0.000
(ii) Intangible Assets	0.000	0.000	0.590
(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	5193.380	4930.956	4206.466
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	2656.363	2284.662	1623.048
(e) Other Non-current assets	0.050	0.050	0.000
Total Non-Current Assets	7849.793	7215.668	5830.104
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	418.146	0.000	0.946
(d) Cash and cash equivalents	29.209	76.771	2.581
(e) Short-term loans and advances	17.246	60.796	1027.832
(f) Other current assets	0.000	0.000	2.191
Total Current Assets	464.601	137.567	1033.550
TOTAL	8314.394	7353.235	6863.654

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2013	31.03.2012	31.03.2011
	TOTAL INCOME	NA	174.531	1.666
Less	TOTAL EXPENSES	NA	172.431	1.416
	PROFIT/ (LOSS) BEFORE TAX	0.000	2.100	0.250
Less	TAX	NA	0.635	0.080
	PROFIT/ (LOSS) AFTER TAX	(415.816)	1.465	0.170
	Earnings / (Loss) Per Share (Rs.)	(1.10)	0.005	0.001

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	160.774	87.500	0.000
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operations	NA	384.511	1760.527

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	NA	0.84	10.20
Return on Total Assets (PBT/Total Assets}	(%)	NA	0.09	0.01
Return on Investment (ROI) (PBT/Networth)		NA	0.00	0.00
Debt Equity Ratio (Total Debt /Networth)		1.82	1.45	1.30
Current Ratio (Current Asset/Current Liability)		0.10	0.04	0.31

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	310.678	310.678	378.122
Reserves & Surplus	2676.612	2678.077	2464.595
Net worth	2987.290	2988.755	2842.717
long-term borrowings	500.000	912.500	787.500
Short term borrowings	3373.884	3329.691	4239.664
Total borrowings	3873.884	4329.691	5187.938
Debt/Equity ratio	1.297	1.449	1.825

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	No
8	Designation of contact person	No
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	No
18	Major suppliers	No
19	Major customers	No
20	Banking Details	No
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	No
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	No
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

NOTE: Registered office of the company has been shifted from Flat No.4401, 44th floor, ‘A" wing at "Minerva",

Opposite N.M. Joshi Marg, Mahalaxmi, Mumbai – 440011, Maharashtra INDIA to the present address w.e.f. 01.10.2013

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2014	As on 31.03.2013
SHORT TERM BORROWING
Loans and advances from related parties	4239.664	3229.691
Total	4239.664	3229.691

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10296403	27/06/2011	500,000,000.00	TATA CAPITAL LIMITED	ONE FORBES, DR V B GANDHI MARG,FORT, MUMBAI, MAHA  RASHTRA - 400001, INDIA	B16614646
2	10282241	28/03/2011	500,000,000.00	RELIANCE CAPITAL LIMITED	H" BLOCK 1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI, MAHARASHTRA - 400710, INDIA	B09561838

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.64.01
UK Pound	1	Rs.99.84
Euro	1	Rs.70.16

INFORMATION DETAILS

Information Gathered by :	DIP
Analysis Done by :	KAS
Report Prepared by :	GTA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILITY	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	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		41

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.