MIRA INFORM REPORT

Report No. :	308535
Report Date :	21.02.2015

IDENTIFICATION DETAILS

Name :	SAMPARK INDUSTRIES LIMITED
Registered Office :	Panchavati, Ram Mandir Road, Opposite Pocket D-4, Vasantkunj, New Delhi – 110070
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	07.08.2001
Com. Reg. No.:	55-111946
Capital Investment / Paid-up Capital :	Rs. 70.430 Millions
CIN No.: [Company Identification No.]	U25207DL2001PLC111946
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer, Exporter and Importer of Metallized/ Embossed Polyester, BOPP Films and CPP Films.
No. of Employees :	150 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (26)

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

Maximum Credit Limit :	USD 580000
Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. Management has filed form 20B, depicting annual return for FY 14, whereas, failed to file any financial information after FY10, with the statutory authorities. Mr. Vijay, Account Executive, provided general details and denied to disclose any financial information of the subject to us. As per the available as on 2010, there appears a significant increase in the sales turnover of the company. However, business is active. Payment terms are unknown. The company can be considered for business dealings on a safe and 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

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 PARTED BY (GENERAL DETAILS)

Name :	Mr. Chirag Aggarwal
Designation :	Director
Contact No.:	91-9810080820
Date :	17.02.2015

LOCATIONS

Registered Office :	Panchvati, Ram Mandir Road, Opposite Pocket D-4, Vasantkunj, New Delhi – 110070, India
Tel. No.:	91-11-26941405
Mob No.:	91-9810080820 (Mr. Chirag Aggarwal)
Fax No.:	91-11-26974383
E-Mail :	marketing@samparkindustries.com
Website :	www.samparkindustries.com
Location :	Owned
Factory :	Site – 2/5, UPSIDC Industrial Area, Noida – 201 306 Uttar Pradesh, India.
Tel. No.:	91-120-2341527 / 2341576
Fax No.:	91-120-2341030 / 2341575
Area :	16000 Sq. ft.
Location :	Owned

DIRECTORS

AS ON 30.09.2014

Name :

Mr. Rajinder Kumar Agarwal

Designation :

Director

Address :

Panchvati, Ram Mandir Road, Opposite Pocket D 4, Vasant Kunj, New Delhi – 110070, India

Date of Birth/Age :

07.11.1944

Date of Appointment :

07.08.2001

DIN No.:

00443685

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	U65929DL1965PTC004436	NEW DELHI AUTO FINANCE PRIVATE LIMITED	Director	01-10-82	01-10-82	-	Active	NO
2	U25207DL2001PLC111946	SAMPARK INDUSTRIES LIMITED	Director	07-08-01	07-08-01	-	Active	NO

Name :

Mr. Vikas Aggarwal

Designation :

Director

Address :

Panchvati, Ram Mandir Road, Opposite Pocket D-4, Vasant Kunj, New Delhi – 110070, India

Date of Birth/Age :

19.02.1973

Date of Appointment :

07.08.2001

DIN No.:

02659444

Name :

Mr. Chirag Aggarwal

Designation :

Director

Address :

Panchvati, Ram Mandir Road, Opposite Pocket D-4, Vasant Kunj, New Delhi – 110070, India

Date of Birth/Age :

17.02.1973

Date of Appointment :

07.08.2001

DIN No.:

02659459

Name :

Mr. Rohan Aggarwal

Designation :

Director

Address :

Panchvati, Ram Mandir Road, Opposite Pocket D-4, Vasant Kunj, New Delhi – 110070, India

Date of Appointment :

07.08.2001

DIN No.:

02192044

KEY EXECUTIVES

Name :	Mr. Vijay
Designation :	Account Executive

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2014

Names of Shareholders	No. of Shares
R. K. Aggarwal	1445000
Lalita Aggarwal	825000
Chirag Aggarwal	1029500
Vikash Aggarwal	1037000
Rohan Aggarwal	1040000
Sneha Aggarwal	10500
Reema Aggarwal	3000
R.K. Aggarwal (Huf)	240000
Vimla Investment Finance Company Limited, India	200000
Sikandarabad Plastics Private Limited, India	155000
Slb Finlease Private Limited, India	20000
Marras Industries Private Limited, India	25000
Uri Civil Engineers Private Limited, India	10000
Rashi Leasing Limited, India	15000
Intele Com Limited, India	10000
Sona Electrical Service Private Limited, India	10000
Visit India voyages Private Limited, India	80000
Maa talke building Private Limited, India	70000
AA Rohi Indocom Private Limited, India	70000
ABU Lommerle International Foods Private Limited, India	80000
AMS Powertronics Private Limited, India	200000
Pacemaker Markman Private Limited, India	60000
Rashi Leasing Limited, India	128000
Tulsi Infotech Private Limited, India	24000
Porter Buildcon Private Limited, India	28000
Sona Electrical Services Private Limited, India	72000
Pacemarker Markman Private Limited, India	36000
Skyweb India Limited, India	32000
Acumen Compusoft Private Limited, India	48000
BGR Fabricon India Private Limited, India	40000
Total	7043000

AS ON 30.09.2014

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Bodies corporate	20.06
Directors or relatives of Directors	79.94
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer, Exporter and Importer of Metallized/ Embossed Polyester, BOPP Films and CPP Films.
Products :	v Metallized/ Embossed Polyester v BOPP Films v CPP Films.
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :
Countries :	v UAE v Africa v USA
Imports :
Countries :	v China v Thailand v Europe
Terms :
Selling :	Cash and Cheque
Purchasing :	Cash and Cheque

GENERAL INFORMATION

Suppliers :

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

Customers :

Reference :	Surya Food and Agro Limited – Noida, Uttar Pradesh, India
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged

No. of Employees :

150 (Approximately)

Bankers :

Banker Name	ING Vysya Bank
Branch Address	Poorvi Marg Branch, New Delhi, 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 Millions)

Secured Loan	As on 31.03.2010	As on 31.03.2009
From Jammu and Kashmir Bank Limited
Term Loan	60.378	61.456
Working Capital Loan	65.665	65.163
Form Others
Car Loan (Hypothecation against Vehicle)	2.641	0.385
Total	128.684	127.004

Auditors :
Name :	PVSP and Company Chartered Accountants
Address :	B-4/148C, Safdarjang Enclave, New Delhi – 110029, India
Tel. No.:	91-11-26177621
Fax No.:	91-11-28552616
PAN No.:	AAAFB4793K
Memberships :	Not Divulged
Collaborators :	Not Divulged
Associates/Subsidiaries :	Not Divulged

CAPITAL STRUCTURE

As on 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
7250000	Equity Shares	Rs.10/- each	Rs.72.500 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
7043000	Equity Shares	Rs.10/- each	Rs.70.430 Millions

As on: 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
7000000	Equity Shares	Rs.10/- each	Rs.70.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
6075000	Equity Shares	Rs.10/- each	Rs.60.750 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010	31.03.2009	31.03.2008
SHAREHOLDERS FUNDS
1] Share Capital		60.750	59.850	59.850
2] Share Application Money		4.800	5.500	0.000
3] Reserves & Surplus		79.980	57.686	41.657
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		145.530	123.036	101.507
LOAN FUNDS
1] Secured Loans		128.684	127.004	138.575
2] Unsecured Loans		48.669	46.694	47.169
TOTAL BORROWING		177.353	173.698	185.744
DEFERRED TAX LIABILITIES		22.235	20.724	17.922
TOTAL		345.118	317.458	305.173
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		225.823	222.497	225.515
Capital work-in-progress		0.000	0.000	0.000
INVESTMENT		0.000	0.000	0.000
DEFERREX TAX ASSETS		0.000	0.000	0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	62.039	69.207	50.875
	Sundry Debtors	65.084	69.846	43.088
	Cash & Bank Balances	19.179	14.400	11.750
	Other Current Assets	0.000	0.000	0.000
	Loans & Advances	33.189	28.836	25.292
Total Current Assets		179.491	182.289	131.005
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	39.250	37.250	24.601
	Other Current Liabilities	17.723	47.669	24.137
	Provisions	3.328	2.564	2.815
Total Current Liabilities		60.301	87.483	51.553
Net Current Assets		119.190	94.806	79.452
MISCELLANEOUS EXPENSES		0.105	0.155	0.206
TOTAL		345.118	317.458	305.173

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2010	31.03.2009	31.03.2008
	SALES
		Income	849.750	622.842	547.955
		Other Income	3.161	1.910	5.278
		TOTAL (A)	852.911	624.752	553.233
Less	EXPENSES
		Raw Materials Consumed	650.344	445.913	421.950
		Manufacturing Expenses	140.744	101.259	69.498
		Payments and Benefit to Employee	2.303	3.408	3.422
		Administration Expenses	16.455	11.860	13.420
		Increase/ (Decrease) in stock	(5.651)	10.463	(2.769)
		TOTAL (B)	804.195	572.903	505.521
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		48.716	51.849	47.712
Less	FINANCIAL EXPENSES (D)		16.481	17.983	15.480
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		32.235	33.866	32.232
Less/ Add	DEPRECIATION/ AMORTISATION (F)		13.202	12.471	12.200
	PROFIT BEFORE TAX (E-F) (G)		19.033	21.395	20.032
Less	TAX (H)		4.839	5.366	5.854
	PROFIT AFTER TAX (G-H) (I)		14.194	16.029	14.178
	IMPORTS
		Others Goods	58.165	36.827	7.654
	TOTAL IMPORTS		58.165	36.827	7.654
	Earnings Per Share (Rs.)		2.34	2.68	2.36

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009	31.03.2008
Net Profit Margin (PAT/Sales)	(%)	1.67	2.57	2.59
Operating Profit Margin (PBIDT/Sales)	(%)	5.73	8.32	8.71
Return on Total Assets (PBT/Total Assets}	(%)	10.60	11.74	15.29
Return on Investment (ROI) (PBT/Networth)		0.13	0.17	0.20
Debt Equity Ratio (Total Debt /Networth)		1.22	0.00	0.00
Current Ratio (Current Asset/Current Liability)		2.98	2.08	2.54

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2008	31.03.2009	31.03.2010
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	59.850	59.850	60.750
Share Application Money	0.000	5.500	4.800
Reserves & Surplus	41.657	57.686	79.980
Net worth	101.507	123.036	145.530
Secured Loans	138.575	127.004	128.684
Unsecured Loans	47.169	46.694	48.669
Total borrowings	185.744	173.698	177.353
Debt/Equity ratio	3.103	2.658	2.706

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2008	31.03.2009	31.03.2010
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	547.955	622.842	849.750
		13.667	36.431

NET PROFIT MARGIN

Net Profit Margin	31.03.2008	31.03.2009	31.03.2010
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	547.955	622.842	849.750
Profit	14.178	16.029	14.194
	2.59%	2.57%	1.67%

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	Yes
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	Yes
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last three years	Yes
12]	Profitability for last three years	Yes
13]	Reasons for variation <> 20%	----------------------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	No
17]	Major suppliers	No
18]	Major customers	Yes
19]	Payments terms	Yes
20]	Export / Import details (if applicable)	Yes
21]	Market information	----------------------
22]	Litigations that the firm / promoter involved in	----------------------
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	----------------------
26]	Buyer visit details	----------------------
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	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

Note: Registered office of the company has been shifted from A-18, Block B-1, Mohan Co-Op. Industrial Estate, Mathura Road, Badarpur, New Delhi – 110044, India to the present address w.e.f. 01.04.2007.

PERFORMANCE

During the year the company has earned net profit (after tax) of Rs. 14.194 Millions as compared to Rs. 16.029 Millions during the last year. The turnover of the company is at Rs. 849.850 Millions against Rs. 622.842 Millions. The Board of the company expects very good results during the current year also.

UNSECURED LOAN

(Rs. In Millions)

Particular	As on 31.03.2010	As on 31.03.2009
From Directors	29.858	27.883
From Others	18.811	18.811
Total	48.669	46.694

CONTINGENT LIABILITIES

(Rs. In Millions)

Particular	As on 31.03.2010	As on 31.03.2009
Bank Guarantee under EPCG	15.341	15.341
I.L.C/ F.L.C	3.164	3.270

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10428716	21/07/2014 *	499,858,000.00	ING VYSYA BANK LIMITED	2, Ground Floor, Poorvi Marg, Vasanth Vihar, New Delhi, Delhi - 110057, INDIA	C33159344
2	90050423	23/02/2004	4,500,000.00	UNITEL CREDIT PRIVATE LIMITED	701 MANJUSHA 57; NEHRU PLACE, NEW DELHI, Delhi - 110119, INDIA	-
3	90049291	11/02/2011 *	449,660,000.00	THE JAMMU AND KASHMIR BANK LIMITED	P-2, LOP PLAZA, SECTOR-18, NOIDA, Uttar Pradesh - 201301, INDIA	B07429111
4	90049247	09/08/2002	9,310,000.00	JAMMU AND KASHMIR LIMITED.	9--2; PLAZA, NOIDA, Uttar Pradesh, INDIA	-
5	90049047	10/04/2002 *	492,480.00	JAMMU AND KASHMIR BANK LIMITED.	P--2; JOP LAZA SECTOR --18;, NOIDA, Uttar Pradesh,  INDIA	-

FIXED ASSETS

• Land
• Building
• Plant and Machinery
• Fire Equipment
• Furniture and Fixture
• Vehicles
• Office Equipment
• Generator
• Computers

CMT REPORT (Corruption, Money Laundering & Terrorism]

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

1] INFORMATION ON DESIGNATED PARTY

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

2] Court Declaration :

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

3] Asset Declaration :

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

4] Record on Financial Crime :

Charges or conviction registered against subject: None

5] Records on Violation of Anti-Corruption Laws :

Charges or investigation registered against subject: None

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

Charges or investigation registered against subject: None

7] Criminal Records

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

8] Affiliation with Government :

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

9] Compensation Package :

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

10] Press Report :

No press reports / filings exists on the subject.

CORPORATE GOVERNANCE

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

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

CONTRAVENTION

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

FOREIGN EXCHANGE RATES

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

INFORMATION DETAILS

Information Gathered by :	GYT
Analysis Done by :	SUB
Report Prepared by :	JYO

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILITY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	2
--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		26

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.