MIRA INFORM REPORT

Report No. :	309272
Report Date :	21.02.2015

IDENTIFICATION DETAILS

Name :	NAISHA IMPORTS LIMITED
Registered Office :	608, Aggarwal Cyber Plaza I, Netaji Subhash Place, Pitampura, New Delhi – 110034
Country :	India
Date of Incorporation :	12.07.2012
Com. Reg. No.:	55-238711
Capital Investment / Paid-up Capital :	Rs. 2.500 Millions
CIN No.: [Company Identification No.]	U51109DL2012PLC238711
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAECN0638C
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Dealer and Trader of Iron, Steel and Chemicals.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

Ca (11)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. Management of the company has not filed its financial since its incorporation. Mr. Mohit Beriwal (Chief Executive Officer) denied to part any information about the company. As per Registrar of companies the status of the company is shown as active. The company can be considered for business dealings on a secured trade terms and conditions.

NOTES :

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

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

NOT AVAILABLE

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2014.

INFORMATION DECLINED BY

Name :	Mr. Mohit Beriwal
Designation :	Chief Executive Officer
Contact No.:	91-9958935555
Date :	21.02.2015

LOCATIONS

Registered Office :	608, Aggarwal Cyber Plaza I, Netaji Subhash Place, Pitampura, New Delhi – 110034, India
Tel. No.:	91-11-43557555
Fax No.:	91-11-45082463
E-Mail :	mohitis1@yahoo.com

DIRECTORS

Name :

Mr. Vishal Mishra

Designation :

Director

Address :

128/744 Kidwai Nagar, 128 Ka Nagar Nigam, Kanpur – 208001, Uttar Pradesh,

India

Date of Birth/Age :

20.04.1980

Date of Appointment :

01.10.2012

DIN No.:

06439475

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	Company/ LLP Status	Defaulting status
1	U27100UP2009PTC037380	MRB IMPEX PRIVATE LIMITED	Director	01-01-2010	01-01-2010	Active	NO
2	U51109DL2012PLC238711	NAISHA IMPORTS LIMITED	Director	01-10-2012	01-10-2012	Active	NO
3	U51909DL2012PLC238710	SIDHIVINAYAK IMPORTS LIMITED	Director	01-10-2012	01-10-2012	Active	NO
4	U74999MH2007PTC168907	MRB STEELS AND STRIPS PRIVATE LIMITED	Director	04-07-2013	04-07-2013	Active	NO
5	U28931DL2008PLC182312	MRB INTERNATIONAL LIMITED	Additional director	30-03-2014	30-03-2014	Active	NO

Name :

Mr. Prateek Mishra

Designation :

Director

Address :

K-415, Yashoda Nagar, Kanpur – 208011, Uttar Pradesh, India

Date of Birth/Age :

14.11.1991

Date of Appointment :

01.10.2012

DIN No.:

06491551

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	Company/ LLP Status	Defaulting status
1	U27100UP2009PTC037380	MRB IMPEX PRIVATE LIMITED	Director	01-12-2010	01-12-2010	Active	NO
2	U27100UP2009PTC037381	FERE TRADE PRIVATE LIMITED	Director	10-04-2011	10-04-2011	Active	NO
3	U27100UP2008PLC036257	MRB STEELS LIMITED	Additional director	01-04-2012	01-04-2012	Active	NO
4	U51109DL2012PLC238711	NAISHA IMPORTS LIMITED	Director	01-10-2012	01-10-2012	Active	NO
5	U29199MH2006PTC164663	PROVIDENTIAL STEEL EMPIRE PRIVATE LIMITED	Director	04-07-2013	04-07-2013	Active	NO

Name :

Radhika Beriwal

Designation :

Director

Address :

400,Kohat Enclave, Delhi - 110034, India

Date of Birth/Age :

26.03.1982

Date of Appointment :

08.11.2013

DIN No.:

06670018

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	U74999MH2007PTC168907	MRB STEELS AND STRIPS PRIVATE LIMITED	Director	01-08-2013	01-08-2013	-	Active	NO
2	U29199MH2006PTC164663	PROVIDENTIAL STEEL EMPIRE PRIVATE LIMITED	Director	01-08-2013	01-08-2013	-	Active	NO
3	U51909DL2012PLC238710	SIDHIVINAYAK IMPORTS LIMITED	Director	01-08-2013	01-08-2013	03-08-2013	Active	NO
4	U51109DL2012PLC238711	NAISHA IMPORTS LIMITED	Director	08-11-2013	08-11-2013	-	Active	NO
5	U28931DL2008PLC182312	MRB INTERNATIONAL LIMITED	Additional director	30-03-2014	30-03-2014	-	Active	NO
6	U27100UP2009PTC037381	FERE TRADE PRIVATE LIMITED	Director	10-06-2014	10-06-2014	-	Active	NO

Name :

Mr. Amrinder Singh Gill

Designation :

Additional director

Address :

128/223, Kidwai Nagar, Kanpur Sadar, Kanpur Nagar - 208011, Uttar Pradesh, India

Date of Birth/Age :

23.09.1985

Date of Appointment :

06.01.2015

DIN No.:

07062080

KEY EXECUTIVES

Name :	Mr. Mohit Beriwal
Designation :	Chief Executive Officer

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 18.06.2012

Names of Shareholders	No. of Shares	Percentage of Holding
Mohit Beriwal	150000	60.00
Rohit Beriwal	25000	10.00
Rajindra Beriwal	37500	15.00
Raghaw Shukla	6250	2.50
Vanita Beriwal	12500	5.00
Sonu Shukla	6250	2.50
Muskaan Beriwal	12500	5.00
Total	250000	100.00

BUSINESS DETAILS

Line of Business :	Dealer and Trader of Iron, Steel and Chemicals.
Brand Names :	--
Agencies Held :	--
Exports :	--
Imports :	--
Terms :	--

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference:	Not Divulged
Name of the Person (with Designation):	Not Divulged
Contact Number:	Not Divulged
Since How Long Known:	Not Divulged
Maximum Limit Dealt:	Not Divulged
Experience :	Not Divulged
Remarks :	Not Divulged

Customers :

Reference:	Not Divulged
Name of the Person (with Designation):	Not Divulged
Contact Number:	Not Divulged
Since How Long Known:	Not Divulged
Maximum Limit Dealt:	Not Divulged
Experience :	Not Divulged
Remarks :	Not Divulged

No. of Employees :

Not Divulged

Bankers :

Bank Name:	Not Divulged
Branch:	Not Divulged
Name of the Person (with Designation):	Not Divulged
Contact Number:	Not Divulged
Name of Account Holder:	Not Divulged
Account Number:	Not Divulged
Account Since (Date/ Year of A/c Opening):	Not Divulged
Average Balance Maintained (Optional):	Not Divulged
Credit Facilities Enjoyed (CC/OD/Term Loan):	Not Divulged
Account Operation:	Not Divulged
Remarks: Not Divulged

Facilities :

--

Banking Relations :	--
Auditors :
Name :	Kulthia and Associates Chartered Accountants
Memberships :	--
Collaborators :	--
Associates/Subsidiaries :	--

CAPITAL STRUCTURE

Authorised Capital :

No. of Shares	Type	Value	Amount
250000	Equity Shares	Rs.10/- each	Rs. 2.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
250000	Equity Shares	Rs.10/- each	Rs. 2.500 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

NOT AVAILABLE

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	No
12]	Profitability for last three years	No
13]	Reasons for variation <> 20%	-----
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
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	No
24]	Banking facility details	No
25]	Conduct of the banking account	-----
26]	Buyer visit details	-----
27]	Financials, if provided	No
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	No
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	No
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	No

INDEX OF CHARGES: NO CHARGES EXIST FOR COMPANY

CMT REPORT (Corruption, Money Laundering & Terrorism]

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

1] INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

2] Court Declaration :

No exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

3] Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

6] Records on Int’l Anti-Money Laundering Laws/Standards :

Charges or investigation registered against subject: None

7] Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

8] Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

9] Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

CONTRAVENTION

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.26
UK Pound	1	Rs.96.01
Euro	1	Rs.70.72

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	DIV
Report Prepared by :	MRI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILITY	1~10	--
--LIQUIDITY	1~10	1
--LEVERAGE	1~10	1
--RESERVES	1~10	--
--CREDIT LINES	1~10	--
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		11

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.