MIRA INFORM REPORT

Report No. :	354152
Report Date :	10.12.2015

IDENTIFICATION DETAILS

Name :	KALISMA STEEL PRIVATE LIMITED

Registered Office :	5, Vikas Park, Juhu Tara Road, Juhu Mumbai – 400049, Maharashtra
Tel. No.:	91-22-42481400

Country :	India

Financials (as on) :	31.03.2015

Date of Incorporation :	12.10.2011

Com. Reg. No.:	11-222943

Capital Investment / Paid-up Capital :	Rs.913.444 Million

CIN No.: [Company Identification No.]	U52100MH2011PTC222943

IEC No.:	0312021208

TAN No.: [Tax Deduction & Collection Account No.]	Not Available

PAN No.: [Permanent Account No.]	AAECK5128Q

Legal Form :	Private Limited Liability Company

Line of Business :	Manufacturer and Exporter of Fasteners item like Nuts, bolts, etc. [Confirmed by management]

No. of Employees :	35 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (30)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Slow but correct

Litigation :	Clear

Comments :	Subject is an established company having moderate track. The company has incurred losses from operational activity and although achieved decent sales turnover in FY-15. Rating is constrained on account of risk associate with steel industry and initial stage of operations of the company which has been started from June – 2014. However, it has healthy financial base and satisfactory cash accruals. Business is active. Payments are slow but correct. The company can be considered for business dealings with some caution.

NOTES :

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

ECGC Country Risk Classification List – March 31, 2015

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

India

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 = BB+
Rating Explanation	Inadequate-credit-quality and high credit risk.
Date	December, 2014

Rating Agency Name	CARE
Rating	Short Term Bank Facilities = A4+
Rating Explanation	Minimal degree of safety and very high credit risk.
Date	December, 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 31-03-2015.

INFORMATION PARTED BY

Name :	Mr. Satyanarayana Maheshwari
Designation :	G.M in Finance and Account
Contact No.:	91-22-42481412
Date :	09.12.2015

LOCATIONS

Registered Office :	5, Vikas Park, Juhu Tara Road, Juhu Mumbai – 400049, Maharashtra, India
Tel. No.:	91-22-42481400
Fax No.:	91-22-42481410
E-Mail :	Chokshiandco@gmail.com accounts@kalismacorp.com
Website :	http://www.kalismacorp.com
Area :	4000 Sq. Mtr.
Location :	Owned
Locality:	Commercial

Corporate Office :	406, 4^th Floor, Sri Krishna Complex, Oppsite Laxmi Industrial Estate, New Link Road, Andheri (West), Mumbai- 400053, Maharashtra, India

Factory:	Survey No. 45/2, 45/3 and 47, Village Gore, Wada Sidtrict, Thane, Maharashtra, India
Tel. No.:	91-22526-234500
Fax No.:	91-2526-234510
Location :	Owned

DIRECTORS

AS ON 31.03.2015

Name :

Suri Rahul

Designation :

Director

Address :

4, Vikas Park, Juhu Tara Road, Juhu, Mumbai - 400049, Maharashtra, India

Date of Appointment :

12.10.2011

DIN No.:

00116374

PAN No.:

AEUPS9477F

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	U65990MH1997PTC111448	TRISHUL SAKTI INVESTMENT PRIVATE LIMITED	Director	22/10/1997	22/10/1997	01/01/2008	Active	NO
2	U45200MH1995PTC093238	BHOOMIKA CONSTRUCTIONS PRIVATE LIMITED	Director	03/10/2008	03/04/2005	16/08/2011	Active	NO
3	U28113MH1996PLC096835	VIRAJ PROFILES LIMITED	Whole-time director	06/09/2010	01/01/2006	16/08/2011	Active	NO
4	U67100MH2007PTC175256	BHOOMIKA FINANCIAL SERVICES PRIVATE LIMITED	Director	29/09/2009	18/08/2009	16/08/2011	Active	NO
5	U45203MH2007PLC173801	VIRAJ INFRASTRUCTURE LIMITED	Additional director	01/04/2010	01/04/2010	16/08/2011	Active	NO
6	U40102MH2007PLC173799	VIRAJ ELECTRICITY LIMITED	Additional director	01/04/2010	01/04/2010	16/08/2011	Under Process of Striking off	NO
7	U62200MH2007PLC173716	VIRAJ AVIATION LIMITED	Additional director	01/04/2010	01/04/2010	16/08/2011	Under Process of Striking off	NO
8	U45206MH2011PTC222848	KALISMA REALTY PRIVATE LIMITED	Director	10/10/2011	10/10/2011	-	Active	NO
9	U52100MH2011PTC222943	KALISMA STEEL PRIVATE LIMITED	Director	12/10/2011	12/10/2011	-	Active	NO
10	U45206MH2011PTC222955	KALISMA CONSTRUCTION PRIVATE LIMITED	Director	12/10/2011	12/10/2011	-	Active	NO
11	U74900MH2011PTC224095	KALISMA IMPO EXPO PRIVATE LIMITED	Director	18/11/2011	18/11/2011	-	Active	NO
12	U45400MH2011PTC224547	KALISMA ENGINEERING PRIVATE LIMITED	Director	01/12/2011	01/12/2011	-	Active	NO
13	U55204MH2011PTC224688	KALISMA HOSPITALITY PRIVATE LIMITED	Director	08/12/2011	08/12/2011	-	Active	NO
14	U74900MH2012PTC228078	KALISMA FASTENERS PRIVATE LIMITED	Director	14/03/2012	14/03/2012	-	Active	NO
15	U63090MH2012PTC229180	KALISMA LOGISTICS PRIVATE LIMITED	Director	03/04/2012	03/04/2012	-	Active	NO
16	U40300MH2012PTC231925	KALISMA SOLAR PRIVATE LIMITED	Director	06/06/2012	06/06/2012	-	Active	NO
17	U74999MH2012PTC235533	KALISMA CORP PRIVATE LIMITED	Director	10/09/2012	10/09/2012	-	Active	NO
18	U51101MH2012PTC236533	KALISMA FASTENERS DISTRIBUTION INDIA PRIVATE LIMITED	Director	05/10/2012	05/10/2012	-	Active	NO
19	U28123MH2013PTC244735	KALISMA GALVANIZERS PRIVATE LIMITED	Director	20/06/2013	20/06/2013	-	Active	NO
20	U28112MH2013PTC244949	KALISMA TRANSMISSION INTERNATIONAL PRIVATE LIMITED	Director	28/06/2013	28/06/2013	-	Active	NO

Name :

Lodha Dilip Singh

Designation :

Director

Address :

102-A 1st Rushi Tower, Lokhandwala Complex Andheri (West), Mumbai - 400053, Maharashtra, India

Date of Appointment :

28.09.2012

DIN No.:

01889359

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	L99999MH1965PLC013150	PRECISION FASTENERS LIMITED	Managing director	16/01/2008	16/01/2008	-	Active	YES
2	U74999MH1994PTC079206	Eurasia Investment Advisors Private Limited	Director	30/09/2011	05/05/2011	26/03/2015	Active	NO
3	U74900MH2012PTC228078	KALISMA FASTENERS PRIVATE LIMITED	Director	12/09/2012	12/09/2012	-	Active	NO
4	U74900MH2011PTC224095	KALISMA IMPO EXPO PRIVATE LIMITED	Director	28/09/2012	28/09/2012	-	Active	NO
5	U52100MH2011PTC222943	KALISMA STEEL PRIVATE LIMITED	Director	28/09/2012	28/09/2012	-	Active	NO
6	U45206MH2011PTC222848	KALISMA REALTY PRIVATE LIMITED	Director	28/09/2012	28/09/2012	-	Active	NO
7	U45400MH2011PTC224547	KALISMA ENGINEERING PRIVATE LIMITED	Director	29/09/2012	29/09/2012	-	Active	NO
8	U55204MH2011PTC224688	KALISMA HOSPITALITY PRIVATE LIMITED	Director	29/09/2012	29/09/2012	-	Active	NO
9	U45206MH2011PTC222955	KALISMA CONSTRUCTION PRIVATE LIMITED	Director	29/09/2012	29/09/2012	-	Active	NO
10	U63090MH2012PTC229180	KALISMA LOGISTICS PRIVATE LIMITED	Additional director	10/10/2012	10/10/2012	-	Active	NO
11	U51101MH2012PTC236533	KALISMA FASTENERS DISTRIBUTION INDIA PRIVATE LIMITED	Additional director	10/10/2012	10/10/2012	-	Active	NO
12	U40300MH2012PTC231925	KALISMA SOLAR PRIVATE LIMITED	Additional director	10/10/2012	10/10/2012	-	Active	NO
13	U74999MH2012PTC235533	KALISMA CORP PRIVATE LIMITED	Director	07/11/2013	10/10/2012	-	Active	NO
14	U28123MH2013PTC244735	KALISMA GALVANIZERS PRIVATE LIMITED	Director	20/06/2013	20/06/2013	-	Active	NO
15	U28112MH2013PTC244949	KALISMA TRANSMISSION INTERNATIONAL PRIVATE LIMITED	Director	28/06/2013	28/06/2013	-	Active	NO

Name :

Jatinder Kumar Suri

Designation :

Director

Address :

H 22 Masjid Moth, Greater Kailash Ii, Ndw Delhi - 110048, India

Date of Appointment :

12.10.2011

DIN No.:

03628594

PAN No.:

ABIPS8265Q

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	U45206MH2011PTC222848	KALISMA REALTY PRIVATE LIMITED	Director	10/10/2011	10/10/2011	15/10/2012	Active	NO
2	U52100MH2011PTC222943	KALISMA STEEL PRIVATE LIMITED	Director	12/10/2011	12/10/2011	-	Active	NO
3	U45206MH2011PTC222955	KALISMA CONSTRUCTION PRIVATE LIMITED	Director	12/10/2011	12/10/2011	15/10/2012	Active	NO
4	U74900MH2011PTC224095	KALISMA IMPO EXPO PRIVATE LIMITED	Director	18/11/2011	18/11/2011	15/10/2012	Active	NO
5	U45400MH2011PTC224547	KALISMA ENGINEERING PRIVATE LIMITED	Director	01/12/2011	01/12/2011	15/10/2012	Active	NO
6	U55204MH2011PTC224688	KALISMA HOSPITALITY PRIVATE LIMITED	Director	08/12/2011	08/12/2011	15/10/2012	Active	NO
7	U74900MH2012PTC228078	KALISMA FASTENERS PRIVATE LIMITED	Director	14/03/2012	14/03/2012	15/10/2012	Active	NO
8	U63090MH2012PTC229180	KALISMA LOGISTICS PRIVATE LIMITED	Director	03/04/2012	03/04/2012	15/10/2012	Active	NO
9	U40300MH2012PTC231925	KALISMA SOLAR PRIVATE LIMITED	Director	06/06/2012	06/06/2012	15/10/2012	Active	NO
10	U74999MH2012PTC235533	KALISMA CORP PRIVATE LIMITED	Director	10/09/2012	10/09/2012	15/10/2012	Active	NO
11	U51101MH2012PTC236533	KALISMA FASTENERS DISTRIBUTION INDIA PRIVATE LIMITED	Director	05/10/2012	05/10/2012	15/10/2012	Active	NO
12	AAA-6423	AJANTA ENCLAVE LIMITED LIABILITY PARTNERSHIP	Designated Partner	22/12/2011	22/12/2011	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Satyanarayana Maheshwari
Designation :	G.M in Finance and Account

MAJOR SHAREHOLDERS

AS ON 31.03.2015

Names of Shareholsers		No. of Shares
Rahuk Suri		19344428
Total		19344428

BUSINESS DETAILS

Line of Business :	Manufacturer and Exporter of Fasteners item like Nuts, bolts, etc. [Confirmed by management]

Products :	Nuts Bolts

Brand Names :	Not Available

Agencies Held :	Not Available

Exports :
Products :	Nuts Bolts
Countries :	European Countries

Imports :
Products :	Raw Material
Countries :	China Germany

Terms :
Selling :	Advance Payment, L\C, Cheque and Credit (30 Days)

Purchasing :	Advance Payment, L\C, Cheque and Credit (30 Days)

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Jindal Limited
Hindustan Zink
Mukund Limited

Customers :

TVs Logistics
Kalpataru

No. of Employees :

350 (Approximately)

Bankers :

Banker Name	Punjab National bank
Branch Address	Fort, Mumbai, Maharashtra, India
Person Name (With Designation)	Mr. Shinoj (Sr. Manager)
Contact Number	91-22-22834882
Name of Account Holder	Kalisma Steel Private Limited
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	2 Years
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any): Company having satisfactory track record in their Banking transactions, management is also good.

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

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2015 [9 Months]	As on 30.06.2014 [15 Months]
LONG TERM BORROWING
Term loans from banks	NA	568.893
SHORT TERM BORROWING
Term loans from banks	NA	107.592
Total		676.485

Financial Institute :	Centbank Financial Services Limited, Central Bank Of India-Mmo Buiding, 3rd Floor (East), 55 Mahatma Gandhi Road, Fort,, Mumbai- 400001, Maharashtra, India

Auditors :
Name :	Chokshi and Company Chartered Accountants
Address :	101 - 102 , Kshamalaya, 1st Floor, 37, Sir V Thakersay Marg, New Marine Lines, Mumbai – 400020, Maharashtra, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAHFC0035E

Memberships :	Not Available

Collaborators :	Not Available

Related Party:	Kalisma Corp Private Limited Kalisma Realty Private Limited Kalisma Fasteners Private Limited Kalisma Impo Expo Private Limited, India [U74900MH2011PTC224095]

CAPITAL STRUCTURE

AS ON 31.03.2015

Authorised Capital :

No. of Shares	Type	Value	Amount

99000000	Equity Shares	Rs.10/- each	Rs.990.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

91344428	Equity Shares	Rs.10/- each	Rs.913.444 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2015 [9 Months]	30.06.2014 [15 Months]	31.03.2013 [12 Months]

I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	913.444	720.000	328.785
(b) Reserves & Surplus	(29.452)	(2.294)	9.425
(c) Money received against share warrants	0.000	0.000	0.000

(2) Share Application money pending allotment	0.000	0.000	21.723
Total Shareholders’ Funds (1) + (2)	883.992	717.706	359.933

(3) Non-Current Liabilities
(a) long-term borrowings	685.243	568.893	14.375
(b) Deferred tax liabilities (Net)	65.126	32.491	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)	750.369	601.384	14.375

(4) Current Liabilities
(a) Short term borrowings	225.849	209.400	0.000
(b) Trade payables	408.699	147.141	4.593
(c) Other current liabilities	133.048	93.250	27.662
(d) Short-term provisions	12.767	5.184	1.413
Total Current Liabilities (4)	780.363	454.975	33.668

TOTAL	2414.724	1774.065	407.976

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1572.973	1488.276	21.532
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	221.918
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	1.705	1.571	1.004
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	1574.678	1489.847	244.454

(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	507.984	0.000	0.000
(c) Trade receivables	51.328	8.969	0.000
(d) Cash and cash equivalents	84.766	17.141	2.961
(e) Short-term loans and advances	154.023	225.370	160.047
(f) Other current assets	41.945	32.738	0.514
Total Current Assets	840.046	284.218	163.522

TOTAL	2414.724	1774.065	407.976

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2015 [9 Months]	30.06.2014 [15 Months]	31.03.2013 [12 Months]
	SALES
	Income	876.584
	Other Income	6.189
	TOTAL (A)	882.773	0.414	0.554

Less	EXPENSES
	Cost of Materials Consumed	678.583	0.000
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(236.945)	0.000
	Employees benefits expense	56.408	0.732
	Other expenses	247.127	0.164
	TOTAL (B)	745.173	0.896	0.000

Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	137.600	(0.482)	0.554

Less	FINANCIAL EXPENSES (D)	78.014	1.408	0.000

	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	59.586	(1.890)	0.554

Less/ Add	DEPRECIATION/ AMORTISATION (F)	52.810	0.044	0.000

	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	6.776	(1.934)	0.554

Less	TAX (H)	33.934	32.601	0.190

	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	(27.158)	(34.535)	0.364

	Earnings / (Loss) Per Share (Rs.)
	Basic	(0.30)	(0.47)	5.06
	Diluted	(0.38)	(0.74)	5.06

Expected Sales (2015-2016): Rs.2000.000 Million [Due to More Export] (Activity has been started from June, 2014)

The above information has been parted by Mr. Satyanarayana Maheshwari (G.M)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2015 [9 Months]	30.06.2014 [15 Months]	31.03.2013 [12 Months]
Current Maturities of Long term debt	NA	28.105	3.108
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2015 [9 Months]	30.06.2014 [15 Months]	31.03.2013 [12 Months]
Net Profit Margin (PAT / Total Income)	(%)	(3.10)	(8341.79)	65.70

Operating Profit Margin (PBIDT/Sales)	(%)	15.70	(116.43)	NA

Return on Total Assets (PBT/Total Assets}	(%)	0.28	(0.11)	0.30

Return on Investment (ROI) (PBT/Networth)		0.01	0.00	0.00

Debt Equity Ratio (Total Debt /Networth)		1.03	1.12	0.05

Current Ratio (Current Asset/Current Liability)		1.08	0.62	4.86

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2013	30.06.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	328.785	720.000	913.444
Reserves & Surplus	9.425	(2.294)	(29.452)
Share Application money pending allotment	21.723	0.000	0.000
Net worth	359.933	717.706	883.992

Long-term borrowings	14.375	568.893	685.243
Short term borrowings	0.000	209.400	225.849
Total borrowings	14.375	778.293	911.092
Debt/Equity ratio	0.040	1.084	1.031

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2013	30.06.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Total Income	0.554	0.414	876.584
		(25.271)	211,635.266

NET PROFIT MARGIN

Net Profit Margin	31.03.2013	30.06.2014	31.03.2015
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	0.554	0.414	876.584
Profit	0.364	(34.535)	(27.158)
	65.70%	(8341.79%)	(3.10%)

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	Yes
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	Yes
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)	Yes
16	No. of employees	Yes
17	Details of sister concerns	Yes
18	Major suppliers	Yes
19	Major customers	Yes
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	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

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2015 [9 Months]	As on 30.06.2014 [15 Months]
SHORT TERM BORROWING
Loans and advances from related parties	NA	101.808
Total	NA	101.808

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10483490	20/01/2015 *	1,334,400,000.00	CENTBANK FINANCIAL SERVICES LIMITED	CENTRAL BANK OF INDIA-MMO BLDG, 3RD FLR (EAST),, 55 MAHATMA GANDHI ROAD, FORT,, MUMBAI, MAHARASHTRA - 400001, INDIA	C42820068
2	10438238	23/09/2015 *	1,334,400,000.00	CENTBANK FINANCIAL SERVICES LIMITED	CENTRAL BANK OF INDIA-MMO BLDG, 3RD FLR (EAST), 55 MAHATMA GANDHI ROAD, FORT,, MUMBAI, MAHARASHTRA - 400001, INDIA	C68752955

FIXED ASSETS

Tangible assets

Land
Buildings
Plant and equipment
Furniture and fixtures
Vehicles
Office equipment
Computer equipment’s

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.66.75
UK Pound	1	Rs.100.29
Euro	1	Rs.72.89

INFORMATION DETAILS

Information Gathered by :	SVA

Analysis Done by :	TRI

Report Prepared by :	GEET

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILITY	1~10	2
--LIQUIDITY	1~10	4
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		30

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.

MIRA INFORM REPORT

INDEX OF CHARGES

Unit