MIRA INFORM REPORT

Report No. :	337395
Report Date :	19.08.2015

IDENTIFICATION DETAILS

Name :	DILIP BUILDCON LIMITED (w.e.f. 26.08.2010)
Formerly Known As :	DILIP BUILDCON PRIVATE LIMITED
Registered Office :	Plot No. 5, Inside Govind Narayan Singh Gate, Chuna Bhatti, Kolar Road, Bhopal – 462016, Madhya Pradesh
Tel. No.:	91-755-4029997
Country :	India
Financials (as on) :	31.03.2015
Date of Incorporation :	12.06.2006
Com. Reg. No.:	10-018689
Capital Investment / Paid-up Capital :	Rs. 1171.351 Million
CIN No.: [Company Identification No.]	U45201MP2006PLC018689
IEC No.:	1107003156
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AACCD6124B
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction Basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (52)

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

Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is an established company incorporated in the year 2006. It is engaged in the real estate builders and developers. It has a fine track record. For the financial year 2015, the company possesses healthy operational activity marked by good top line growth along with upstanding sales turnover and profitability margin of 5.2%. Further, the company has comfortable capital structure backed by efficient net worth position and fine liquidity profile. Moreover, the company has qualified and experienced directors. Trade relations are reported as fair. Business is active. Payments terms are regular and as per commitment. In view of healthy financial base, 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 – 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	CARE
Rating	Long-term Bank Facilities A-
Rating Explanation	Adequate degree of safety and low credit risk.
Date	July 10, 2014

Rating Agency Name	CARE
Rating	Short-term Bank Facilities A2+
Rating Explanation	Strong degree of safety and low credit risk.
Date	July 10, 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 31-03-2013.

INFORMATION DENIED BY

Name :	Mr. Umar
Designation :	Admin Department
Contact No.:	91-755-4029997
Date :	18.08.2015

LOCATIONS

Registered Office :	Plot No. 5, Inside Govind Narayan Singh Gate, Chuna Bhatti, Kolar Road, Bhopal – 462016, Madhya Pradesh
Tel. No.:	91-755-4029997
Fax No.:	91-755 - 4029998
E-Mail :	db@dilipbuildcon.co.in dilipbuildconews@yahoo.com csabhishek@dilipbuildcon.co.in
Site Office :	Pratapgarh Padi Road Project, Village Kataro Ka Khera, Post : Shuhagpura Teh : Pipal Khut, Pratapharh – 312605, Rajasthan, India

DIRECTORS

As on 31.03.2015

Name :

Mr. Dilip Suryavanshi

Designation :

Managing Director

Address :

E-5/90 Arera Colony, Bhopal, Madhya Pradesh, India

Date of Birth/Age :

12.10.1956

Qualification :

B.E. (Civil), M.I.E.

Experience :

31 Years

Date of Appointment :

26.08.2010

DIN No.:

00039944

PAN No.:

ANRPS2215H

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	U85195MP2006PTC018330	SHIVAM MEDICAL & RESEARCH INSTITUTE PRIVATE LIMITED	Director	01/07/2011	25/01/2006	25/08/2011	Active	NO
2	U45201MP2006PLC018689	DILIP BUILDCON LIMITED	Managing director	26/08/2010	12/06/2006	-	Active	NO
3	U92490MP2006PTC019134	DILIP MASS COMMUNICATION PRIVATE LIMITED	Director	01/07/2011	18/12/2006	04/10/2013	Active	NO
4	U45203MP2007PTC019459	Suryavanshi Infrastructure Private Limited	Managing director	22/09/2007	19/04/2007	-	Active	NO
5	U13100MP2006PTC018743	KYMORE IRON ORE PVT LTD	Director	04/05/2010	04/05/2010	-	Active	NO
6	U62200MP2010PTC023673	HIGH FLY AIRLINES PRIVATE LIMITED	Director	31/05/2010	31/05/2010	-	Active	NO
7	U14200MP2010PTC024166	SURYAVANSHI MINERALS PRIVATE LIMITED	Director	19/08/2010	19/08/2010	-	Active	NO
8	U55101MP2010PTC023903	WINNER HOTELS PRIVATE LIMITED	Director	30/10/2010	30/10/2010	28/03/2014	Active	NO
9	U45200MP2011PLC026188	DBL NADIAD MODASA TOLLWAYS LIMITED	Director	18/06/2011	15/06/2011	-	Active	NO
10	U45200MP2011PLC026234	DBL SARDARPUR BADNAWAR TOLLWAYS LIMITED	Director	22/06/2011	22/06/2011	21/03/2015	Active	NO
11	U45200MP2011PLC026586	DBL SILWANI-SULTANGANJ TOLLWAYS LIMITED	Director	17/08/2011	17/08/2011	21/03/2015	Active	NO
12	U45300MP2011PLC027193	DBL MUNDI-SANAWAD TOLLWAYS LIMITED	Director	28/11/2011	28/11/2011	21/03/2015	Active	NO
13	U45200MP2011PLC027212	DBL SITAMAU-SUWASARA TOLLWAYS LIMITED	Director	29/11/2011	29/11/2011	23/07/2015	Active	NO
14	U22300MP2012PTC028277	DNN MEDIA COMMUNICATION PRIVATE LIMITED	Director	25/04/2012	25/04/2012	-	Active	NO
15	U45200MP2012PLC029098	DBL UCHERA - NAGOD TOLLWAYS LIMITED	Director	29/08/2012	29/08/2012	27/06/2015	Active	NO
16	U45200MP2012PLC029593	DBL JAORA-SAILANA TOLLWAYS LIMITED	Director	29/11/2012	29/11/2012	23/07/2015	Active	NO
17	U45200MP2012PLC029819	DBL BANKHLAFATA-DOGAWA TOLLWAYS LIMITED	Director	31/12/2012	31/12/2012	-	Active	NO
18	U45200MP2013PLC030153	DBL ASHOKNAGAR-VIDISHA TOLLWAYS LIMITED	Director	27/02/2013	27/02/2013	-	Active	NO
19	U45200MP2013PLC030636	DBL BETUL-SARNI TOLLWAYS LIMITED	Director	02/05/2013	02/05/2013	-	Active	NO
20	U45200MP2013PLC031732	DBL TIKAMGARH-NOWGAON TOLLWAYS LIMITED	Director	07/11/2013	07/11/2013	-	Active	NO
21	U45203MP2015PLC034513	DBL HATA-DARGAWON TOLLWAYS LIMITED	Director	03/08/2015	03/08/2015	-	Active	NO
22	U45203MP2015PLC034537	DBL PATAN REHLI TOLLWAYS LIMITED	Director	06/08/2015	06/08/2015	-	Active	NO
23	U45203MP2015PLC034538	JALPA DEVI TOLLWAYS LIMITED	Director	06/08/2015	06/08/2015	-	Active	NO

Name :

Mrs. Seema Suryavanshi

Designation :

Whole-time director

Address :

E-5/90 Arera Colony, Bhopal, Madhya Pradesh, India

Date of Birth/Age :

07.11.1961

Qualification :

B.A.

Experience :

16 Years

Date of Appointment :

26.08.2010

DIN No.:

00039946

PAN No.:

ANQPS9773H

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	U85195MP2006PTC018330	SHIVAM MEDICAL & RESEARCH INSTITUTE PRIVATE LIMITED	Director	25/01/2006	25/01/2006	25/08/2011	Active	NO
2	U45201MP2006PLC018689	DILIP BUILDCON LIMITED	Whole-time director	26/08/2010	12/06/2006	-	Active	NO
3	U92490MP2006PTC019134	DILIP MASS COMMUNICATION PRIVATE LIMITED	Director	18/12/2006	18/12/2006	04/10/2013	Active	NO
4	U45203MP2007PTC019459	Suryavanshi Infrastructure Private Limited	Director	19/04/2007	19/04/2007	-	Active	NO
5	U13100MP2006PTC018743	KYMORE IRON ORE PVT LTD	Director	04/05/2010	04/05/2010	-	Active	NO
6	U62200MP2010PTC023673	HIGH FLY AIRLINES PRIVATE LIMITED	Director	31/05/2010	31/05/2010	-	Active	NO
7	U14200MP2010PTC024166	SURYAVANSHI MINERALS PRIVATE LIMITED	Director	19/08/2010	19/08/2010	-	Active	NO
8	U55101MP2010PTC023903	WINNER HOTELS PRIVATE LIMITED	Director	30/10/2010	30/10/2010	28/03/2014	Active	NO
9	U45200MP2011PLC026188	DBL NADIAD MODASA TOLLWAYS LIMITED	Director	15/06/2011	15/06/2011	-	Active	NO
10	U45200MP2011PLC026234	DBL SARDARPUR BADNAWAR TOLLWAYS LIMITED	Director	22/06/2011	22/06/2011	-	Active	NO
11	U45200MP2011PLC026586	DBL SILWANI-SULTANGANJ TOLLWAYS LIMITED	Director	17/08/2011	17/08/2011	-	Active	NO
12	U45300MP2011PLC027193	DBL MUNDI-SANAWAD TOLLWAYS LIMITED	Director	28/11/2011	28/11/2011	-	Active	NO
13	U45200MP2011PLC027212	DBL SITAMAU-SUWASARA TOLLWAYS LIMITED	Director	29/11/2011	29/11/2011	-	Active	NO
14	U22300MP2012PTC028277	DNN MEDIA COMMUNICATION PRIVATE LIMITED	Director	25/04/2012	25/04/2012	-	Active	NO
15	U45200MP2012PLC029098	DBL UCHERA - NAGOD TOLLWAYS LIMITED	Director	29/08/2012	29/08/2012	21/03/2015	Active	NO
16	U45200MP2012PLC029593	DBL JAORA-SAILANA TOLLWAYS LIMITED	Director	29/11/2012	29/11/2012	21/03/2015	Active	NO
17	U45200MP2012PLC029819	DBL BANKHLAFATA-DOGAWA TOLLWAYS LIMITED	Director	31/12/2012	31/12/2012	21/03/2015	Active	NO
18	U45200MP2013PLC030153	DBL ASHOKNAGAR-VIDISHA TOLLWAYS LIMITED	Director	27/02/2013	27/02/2013	-	Active	NO
19	U45200MP2013PLC030636	DBL BETUL-SARNI TOLLWAYS LIMITED	Director	02/05/2013	02/05/2013	-	Active	NO
20	U45200MP2013PLC031732	DBL TIKAMGARH-NOWGAON TOLLWAYS LIMITED	Director	07/11/2013	07/11/2013	-	Active	NO

Name :

Mr. Devendra Jain

Designation :

Whole Time Director

Address :

E-5/99 Arera Colony, Bhopal, Madhya Pradesh, India

Date of Birth/Age :

03.07.1973

Qualification :

B.E. (Civil)

Experience :

16 Years

Date of Appointment :

26.08.2010

DIN No.:

02374610

PAN No.:

ADSPJ6795Q

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	U85110RJ1993PTC007785	FRIENDLY BABY HOSPITAL NAD RESEARCH INSTITUTE PRIVATE LIMITED	Director	11/09/2000	11/09/2000	-	Active	NO
2	U45203MP2007PTC019459	Suryavanshi Infrastructure Private Limited	Director	19/04/2007	19/04/2007	-	Active	NO
3	U45201MP2006PLC018689	DILIP BUILDCON LIMITED	Whole-time director	26/08/2010	01/04/2009	-	Active	NO
4	U45200MH2007PTC168167	VASUDHA INFRASTRUCTURE DEVELOPERS AND BUILDERS PRIVATE LIMITED	Director	05/10/2009	05/10/2009	15/02/2012	Active	NO
5	U45200MH2007PTC168263	SRAJAN INFRASTRUCTURE DEVELOPERS AND BUILDERS PRIVATE LIMITED	Director	05/10/2009	05/10/2009	15/02/2012	Active	NO
6	U55101MP2010PTC023903	WINNER HOTELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	28/03/2014	Active	NO
7	U45200MP2011PLC026188	DBL NADIAD MODASA TOLLWAYS LIMITED	Director	15/06/2011	15/06/2011	21/03/2015	Active	NO
8	U45200MP2011PLC026234	DBL SARDARPUR BADNAWAR TOLLWAYS LIMITED	Director	22/06/2011	22/06/2011	-	Active	NO
9	U45200MP2011PLC026586	DBL SILWANI-SULTANGANJ TOLLWAYS LIMITED	Director	17/08/2011	17/08/2011	-	Active	NO
10	U45300MP2011PLC027193	DBL MUNDI-SANAWAD TOLLWAYS LIMITED	Director	28/11/2011	28/11/2011	-	Active	NO
11	U45200MP2011PLC027212	DBL SITAMAU-SUWASARA TOLLWAYS LIMITED	Director	29/11/2011	29/11/2011	23/07/2015	Active	NO
12	U45200MP2012PLC029098	DBL UCHERA - NAGOD TOLLWAYS LIMITED	Director	29/08/2012	29/08/2012	27/06/2015	Active	NO
13	U45200MP2012PLC029593	DBL JAORA-SAILANA TOLLWAYS LIMITED	Director	21/03/2015	29/11/2012	23/07/2015	Active	NO
14	U45200MP2012PLC029819	DBL BANKHLAFATA-DOGAWA TOLLWAYS LIMITED	Director	31/12/2012	31/12/2012	-	Active	NO
15	U45200MP2013PLC030153	DBL ASHOKNAGAR-VIDISHA TOLLWAYS LIMITED	Director	27/02/2013	27/02/2013	-	Active	NO
16	U45200MP2013PLC030636	DBL BETUL-SARNI TOLLWAYS LIMITED	Director	02/05/2013	02/05/2013	21/03/2015	Active	NO
17	U45200MP2013PLC031732	DBL TIKAMGARH-NOWGAON TOLLWAYS LIMITED	Director	07/11/2013	07/11/2013	21/03/2015	Active	NO
18	U45203MP2015PLC034513	DBL HATA-DARGAWON TOLLWAYS LIMITED	Director	03/08/2015	03/08/2015	-	Active	NO
19	U45203MP2015PLC034537	DBL PATAN REHLI TOLLWAYS LIMITED	Director	06/08/2015	06/08/2015	-	Active	NO
20	U45203MP2015PLC034538	JALPA DEVI TOLLWAYS LIMITED	Director	06/08/2015	06/08/2015	-	Active	NO

Name :

Mr. Aditya Vijay Singh

Designation :

Director

Address :

59, Amrapali Enclave Chuna Bhatti, Kolar Road, Bhopal – 462016, Madhya Pradesh, India

Date of Birth/Age :

23.10.1944

Qualification :

B.Sc

Experience :

40 Years

Date of Appointment :

30.09.2011

DIN No.:

03585519

Name :

Mr. Naval Jawaharlal Totla

Designation :

Nominee director

Address :

201. Sablok, 226, Sher-E-Punjab, Andheri (East), Mumbai , Maharashtra, India

Date of Birth/Age :

15.05.1972

Qualification :

B.E.(Mech.)

Experience :

18 Years

Date of Appointment :

10.09.2012

DIN No.:

02408585

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	U67120MH1993PTC074882	WELLKNOWN BUSINESS VENTURES PRIVATE LIMITED	Nominee director	03/12/2008	03/12/2008	-	Converted to LLP and dissolved	NO
2	U02899MP1991PLC006262	GEI POWER LIMITED	Nominee director	28/04/2010	28/04/2010	22/03/2012	Active	NO
3	U65923RJ1994PTC009051	ESS KAY AUTO FINANCE PRIVATE LIMITED	Nominee director	05/03/2012	05/03/2012	20/05/2014	Active	NO
4	U45201MP2006PLC018689	DILIP BUILDCON LIMITED	Nominee director	10/09/2012	31/03/2012	-	Active	NO
5	U25209MH1999PLC119427	AXIOM CORDAGES LIMITED	Nominee director	10/01/2013	10/01/2013	-	Active	NO
6	U70101WB1989PTC047402	GPT HEALTHCARE PRIVATE LIMITED	Nominee director	19/02/2015	19/02/2015	-	Active	NO
7	U28991PB1990PLC010832	DEEPAK FASTENERS LIMITED	Nominee director	20/02/2015	20/02/2015	-	Active	NO

Name :

Mr. Amogh Kumar Gupta

Designation :

Director

Address :

Plot No. 15, Amaltas Phase-I, Chunabhatti, Bhopal-462016, Madhya Pradesh, India

Date of Birth/Age :

53 Years

Qualification :

M.Tech

Experience :

29 Years

Date of Appointment :

25.09.2014

DIN No.:

06941839

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	U45201MP2006PLC018689	DILIP BUILDCON LIMITED	Director	25/09/2014	05/08/2014	-	Active	NO
2	U45300MP2011PLC027193	DBL MUNDI-SANAWAD TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
3	U45200MP2012PLC029819	DBL BANKHLAFATA-DOGAWA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
4	U45200MP2013PLC030153	DBL ASHOKNAGAR-VIDISHA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
5	U45200MP2013PLC031732	DBL TIKAMGARH-NOWGAON TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
6	U45200MP2011PLC026586	DBL SILWANI-SULTANGANJ TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
7	U45200MP2011PLC026188	DBL NADIAD MODASA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
8	U45200MP2012PLC029593	DBL JAORA-SAILANA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
9	U45200MP2013PLC030636	DBL BETUL-SARNI TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
10	U45200MP2012PLC029098	DBL UCHERA - NAGOD TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO

Name :

Mrs. Ashwini Verma

Designation :

Director

Address :

B-57 New Krishi Nagar Janki Nagar, Chuna Bhatti, Bhopal-462016, Madhya Pradesh, India

Date of Birth/Age :

43 Years

Qualification :

Diploma in Civil Eng.

Experience :

24 Years

Date of Appointment :

25.09.2014

DIN No.:

06939756

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	U45201MP2006PLC018689	DILIP BUILDCON LIMITED	Director	25/09/2014	05/08/2014	-	Active	NO
2	U45200MP2012PLC029819	DBL BANKHLAFATA-DOGAWA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
3	U45200MP2013PLC030153	DBL ASHOKNAGAR-VIDISHA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
4	U45200MP2013PLC031732	DBL TIKAMGARH-NOWGAON TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
5	U45200MP2011PLC026586	DBL SILWANI-SULTANGANJ TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
6	U45200MP2011PLC026234	DBL SARDARPUR BADNAWAR TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
7	U45200MP2011PLC026188	DBL NADIAD MODASA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
8	U45200MP2012PLC029593	DBL JAORA-SAILANA TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
9	U45200MP2013PLC030636	DBL BETUL-SARNI TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO
10	U45200MP2012PLC029098	DBL UCHERA - NAGOD TOLLWAYS LIMITED	Director	26/06/2015	21/03/2015	-	Active	NO

Name :

Mr. Satish Chandra Pandey

Designation :

Director

Address :

B-270, Shahpura, Bhopal-462016, Madhya Pradesh, India

Date of Birth/Age :

74 Years

Qualification :

B.E. (Civil) M.I.E

Experience :

38 Years

Date of Appointment :

30.01.2015

DIN No.:

07072768

KEY EXECUTIVES

Name :	Mr. Umar
Designation :	Admin Department
Name :	Mr. Sambedna Jain
Designation :	Secretary
Address :	Purwal Bhawan Near Railway, Station Vidisha, Madhya Pradesh, India
Date of Birth/Age :	10.08.1983
Date of Appointment :	07.04.2011
PAN No.:	AOGPJ4171B

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 31.03.2015

Names of Shareholders	No. of Shares	%age holding
Dilip Suryavanshi	56809851	48.50
Seema Suryavanshi	11904200	10.16
Devendra Jain	36999936	31.59
Banyan Tree Growth Capital, LLC	11420969	9.75

BUSINESS DETAILS

Line of Business :	The Company is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction Basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company.
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 :

Bank Name	ICICI Bank Limited
Branch	Landmarkrace Cource Circle, Alkapuri, Baroda - 390015,Gujarat, 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

Punjab National Bank, Shahpura Branch, Shahpura, Bhopal - 462016, Madhya Pradesh, India

HDFC Bank Limited, HDFC Bank Housesenapati Bapat Marg, Lower Parel W , Mumbai, Maharashtra - 400013, India

Facilities :

Secured Loan	31.03.2015 (Rs. in Million)	31.03.2014 (Rs. in Million)
Long-term Borrowings
Term Loans
From Banks - For Fixed Assets	1884.289	585.887
From Banks - For Working Capital	752.753	355.278
From Others	5099.122	2521.376
Less : Current Maturities of Long Term Debts	(2278.783)	(1693.909)
Short-term borrowings
Cash Credit - From Banks	13763.408	8100.436
Loans Payable on Demand - From Banks	0.000	9.627
Term Loan from Bank	0.000	51.853
Total	19220.789	9930.548

Finance Institute:

· SREI Equipment Finance Limited, 'Vishwakarma', 86C, Topsia Road, Kolkata - 700046, West Bengal, India

· PNB Investment Services Limited, 10, Rakesh Deep Building, Yusuf Sarai Commercial  Complex, Gulmohar Enclave, New Delhi, Delhi - 110049, India

Banking Relations :	--
Auditors :
Name 1:	Naresh Rajani and Company Chartered Accountants
Address :	Mig-1/5, Amber ComplexZone-Ii, M.P. Nagar
PAN N Income-tax PAN of auditor or auditor's firm :	AAVPR8565J
Name 2 :	Mukund M. Chitale and Company Chartered Accountants
Address :	204 - 205 , Agrawal Shyamkamal A, Vile Parle East, Mumbai-400057, Maharashtra, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFM2030L
Memberships :	--
Collaborators :	--
Subsidiaries :	· DBL Ashoknagar-Vidisha Tollways Limited · DBL Bankhlafata Dongawa Tollways Limited · DBL Jaora Sailana Tollways Limited · DBL Mundi-Sanawad Tollway Limited · DBL Nadiad Madosa Tollways Limited · DBL Sardarpur Badanwar Tollways Limited · DBL Silwani Sultanganj Tollways Limited · DBL Sitamou Suwasara Tollways Limited · DBL Uchera Nagod TollwaYs Limited · DBL Betul SarniTollwaYs Limited · DBL Tikamgarh Nowgaon Tollways Limited · Suryavanshi Infrastructure Private Limited · DBL Pari Bazar Infra Project Limited
Enterprises in which key management personnel / Director have significant influence :	· Highfly Airlines Private Limited · Shree Vinayak Enterprises and Properties · Winner Hotels Private Limited · B.S. Associates · DBPL - ITS Infrastructure Private Limited (JV)

CAPITAL STRUCTURE

As on 31.03.2015

Authorised Capital:

No. of Shares	Type	Value	Amount
16,00,00,000	Equity Shares	Rs.10/- each	Rs.1600.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
117135065	Equity Shares	Rs.10/- each	Rs.1171.351Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2015	31.03.2014	31.03.2013
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	1171.351	592.381	592.381
(b) Reserves & Surplus	7556.557	6774.022	4327.870
(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)	8727.908	7366.403	4920.251
(3) Non-Current Liabilities
(a) long-term borrowings	5462.971	1774.847	1682.248
(b) Deferred tax liabilities (Net)	707.196	267.630	135.664
(c) Other long term liabilities	2144.284	1960.350	1331.404
(d) long-term provisions	86.783	64.630	44.162
Total Non-current Liabilities (3)	8401.234	4067.457	3193.478
(4) Current Liabilities
(a) Short term borrowings	14127.927	8161.916	4573.488
(b) Trade payables	8278.030	4642.443	2492.630
(c) Other current liabilities	5957.944	3472.115	3765.440
(d) Short-term provisions	56.641	166.233	796.797
Total Current Liabilities (4)	28420.542	16442.707	11628.355
TOTAL	45549.684	27876.567	19742.084
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	11875.341	6373.132	5463.936
(ii) Intangible Assets	14.689	17.752	11.054
(iii) Capital work-in-progress	0.000	0.000	1.186
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	2789.180	1830.280	951.780
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	3383.070	960.190	834.594
(e) Other Non-current assets	1193.534	448.421	325.591
Total Non-Current Assets	19255.814	9629.775	7588.141
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	9476.229	5219.421	3628.068
(c) Trade receivables	12636.475	10583.276	6707.139
(d) Cash and cash equivalents	2341.887	668.312	521.352
(e) Short-term loans and advances	1839.279	1775.783	1297.384
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	26293.870	18246.792	12153.943
TOTAL	45549.684	27876.567	19742.084

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2015	31.03.2014	31.03.2013
	SALES
		Income	26241.005	23158.209	19106.613
		Other Income	60.434	82.999	158.665
		TOTAL (A)	26301.439	23241.208	19265.278
Less	EXPENSES
		Cost of Construction	12573.663	10861.113	13554.479
		Changes in inventories of finished goods, work-in-progress and	0.000	0.000	0.000
		Employee Benefits Expense	6750.859	6594.705	202.376
		Other expenses	363.035	243.103	631.574
		Prior period items	897.964	758.926	39.091
		TOTAL (B)	20585.521	18457.847	14427.520
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		5715.918	4783.361	4837.758
Less	FINANCIAL EXPENSES (D)		2652.953	1551.202	1068.635
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		3062.965	3232.159	3769.123
Less/ Add	DEPRECIATION/ AMORTISATION (F)		1179.341	788.099	709.220
	PROFIT BEFORE TAX (E-F) (G)		1883.624	2444.060	3059.903
Less	TAX (H)		510.050	(13.357)	1030.108
	PROFIT AFTER TAX (G-H) (I)		1373.574	2457.417	2029.795
	Earnings Per Share (Rs.)
	Basic		12.84	23.24	57.58
	Diluted		12.84	20.98	52.71

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2015	31.03.2014	31.03.2013
Current Maturities of Long term debt	2278.783	1693.909	1878.211
Cash generated from operations	2903.764	1339.913	NA
Net Cash Generated From Operating Activities	2294.170	514.103	675.737

KEY RATIOS

PARTICULARS		31.03.2015	31.03.2014	31.03.2013
Net Profit Margin (PAT / Sales)	(%)	5.23	10.61	10.62
Operating Profit Margin (PBIDT/Sales)	(%)	21.78	20.66	25.32
Return on Total Assets (PBT/Total Assets}	(%)	4.41	9.38	16.29
Return on Investment (ROI) (PBT/Networth)		0.22	0.33	0.62
Debt Equity Ratio (Total Debt /Networth)		2.51	1.58	1.65
Current Ratio (Current Asset/Current Liability)		0.93	1.11	1.05

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2013	31.03.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	592.381	592.381	1171.351
Reserves & Surplus	4327.870	6774.022	7556.557
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	4920.251	7366.403	8727.908
long-term borrowings	1682.248	1774.847	5462.971
Short term borrowings	4573.488	8161.916	14127.927
Current maturities of long-term debts	1878.211	1693.909	2278.783
Total borrowings	8133.947	11630.672	21869.681
Debt/Equity ratio	1.653	1.579	2.506

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2013	31.03.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	19106.613	23158.209	26241.005
		21.205	13.312

NET PROFIT MARGIN

Net Profit Margin	31.03.2013	31.03.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	19106.613	23158.209	26241.005
Profit	2029.795	2457.417	1373.574
	10.62%	10.61%	5.23%

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	Yes
8]	Designation of contact person	Yes
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	Yes
18]	Major suppliers	No
19]	Major customers	No
20]	Banking Details	Yes
21]	Banking facility details	No
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	Yes
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	Yes
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 Plot No. 1, Inside Govind Narayan Singh Gate, Chuna Bhatti, Kolar Road, Bhopal – 462016, Madhya Pradesh, India to the present address.

UNSECURED LOAN

PARTICULAR	31.03.2015 (Rs. in Million)	31.03.2014 (Rs. in Million)
Long-term Borrowings
Term Loans
From Related Parties	5.590	6.215
Short-term borrowings
Loans From Related Parties	364.519	0.000
Total	370.109	6.215

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10584670	05/08/2015	99,777,000.00	HDFC BANK LIMITED	HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W  , MUMBAI, Maharashtra - 400013, INDIA	C61100178
2	10581344	09/07/2015	3,000,000.00	PNB INVESTMENT SERVICES LIMITED	10, Rakesh Deep Building,, Yusuf Sarai Commercial  Complex, Gulmohar Enclave, New Delhi, Delhi - 110049, INDIA	C59539742
3	10581345	09/07/2015	750,000.00	PNB INVESTMENT SERVICES LIMITED	10, Rakesh Deep Building,, Yusuf Sarai Commercial  Complex, Gulmohar Enclave, New Delhi, Delhi - 110049, INDIA	C59540054
4	10576544	27/07/2015 *	1,000,000,000.00	IFCI LIMITED	IFCI Tower 61, Nehru Place,, NEW DELHI, Delhi - 110019, INDIA	C60301272
5	10576837	08/06/2015	25,358,400.00	SREI EQUIPMENT FINANCE LIMITED	'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, West Bengal - 700046, INDIA	C57410672
6	10576838	08/06/2015	27,742,520.00	SREI EQUIPMENT FINANCE LIMITED	'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, West Bengal - 700046, INDIA	C57411316
7	10576851	08/06/2015	10,997,540.00	SREI EQUIPMENT FINANCE LIMITED	'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, West Bengal - 700046, INDIA	C57411761
8	10576852	08/06/2015	23,236,875.00	SREI EQUIPMENT FINANCE LIMITED	'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, West Bengal - 700046, INDIA	C57413957
9	10576841	08/06/2015	11,250,000.00	SREI EQUIPMENT FINANCE LIMITED	'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, West Bengal - 700046, INDIA	C57414435
10	10576844	08/06/2015	9,000,000.00	SREI EQUIPMENT FINANCE LIMITED	'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, West Bengal - 700046, INDIA	C57415010

* Date of charge modification

FIXED ASSETS

Tangible assets

• Land
• Plant and equipment
• Furniture and fixtures
• Vehicles
• Office equipment

Intangible assets

• Computer software

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.65.22
UK Pound	1	Rs.102.23
Euro	1	Rs.72.39

INFORMATION DETAILS

Information Gathered by :	TRI
Analysis Done by :	NYA
Report Prepared by :	JYTK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	6
--LIQUIDITY	1~10	6
--LEVERAGE	1~10	6
--RESERVES	1~10	6
--CREDIT LINES	1~10	6
--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		52

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.