MIRA INFORM REPORT

Report No. :	301763
Report Date :	05.01.2015

IDENTIFICATION DETAILS

Name :	UTTARA IMPEX PRIVATE LIMITED
Registered Office :	'Venkateshwara House', S. No. 114/A/2, Pune-Sinhagad Road, Pune – 411030, Maharashtra
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	20.01.2009
Com. Reg. No.:	25-133389
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U51909PN2009PTC133389
TAN No.: [Tax Deduction & Collection Account No.]	PNEU06530G
PAN No.: [Permanent Account No.]	AABCV0589J
Legal Form :	Private Limited Liability Company
Line of Business :	Exporter of Animal Feed, Poultry Products, Cattle Feed, Hatching Eggs, Animal Health Products, etc.
No. of Employees :	Information denied by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

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

Maximum Credit Limit :	USD 116000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. Management of the company has not filed its latest financial i.e. 2014 with the government department. As per the available financial of 2013, general financial of the company seems to be sound. Trade relations are reported as fair. Business is active. Payment terms are reported to be usually correct. The company can be considered for normal 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 – September 30, 2014

Country Name	Previous Rating (30.06.2014)	Current Rating (30.09.2014)
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

Rating Agency Name	ICRA
Rating	BBB+ (SO) Long Term
Rating Explanation	Moderate degree of safety. It carry moderate credit risk.
Date	September 2014

Rating Agency Name	ICRA
Rating	A2+ (SO) Short Term
Rating Explanation	Strong degree of safety and low credit risk.
Date	September 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 31-03-2014.

INFORMATION DECLINED

Management non co-operative [91-20-24251530/26131274]

LOCATIONS

Registered/ Corporate Office :	'Venkateshwara House', S. No. 114/A/2, Pune-Sinhagad Road, Pune – 411030, Maharashtra, India
Tel. No.:	91-20-24251530-41/ 26114173
Fax No.:	91-20-24251077/ 26114173/ 24251060
E-Mail :	corp.sec@venkys.com dhirajdj22@gmail.com response@venkys.com rrp@uttarafoods.com
Website :	http://www.venkys.com
Location :	Owned
Central Marketing/ Administrative Office :	Uttara House, 2, Wellesley Road, Camp, Pune – 411001, Maharashtra, India
Tel. No.:	91-20-26131274/ 26137971/ 66099300
Fax No.:	91-22-26114173
E-Mail :	info@uttarafoods.com exports@uttarafoods.com

DIRECTORS

As on 30.09.2013

Name :

Mr. Banda Venkatesh B. Vasudev Rao

Designation :

Managing director

Address :

“Venkatesh Farms”, S. No. 95/1, N.D.A. Road, Village Mauje Warje, Taluka, Haveli, Pune – 411029, Maharashtra, India

Date of Birth/Age :

31.12.1964

Date of Appointment :

31.07.2010

DIN No.:

00013614

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	U67120MH1982PTC027946	VENKA INVESTMENTS PRIVATE LIMITED	Director	07/08/1982	07/08/1982	Amalgamated	NO
2	U01222OR1985PTC002190	EASTERN HATCHERIES PRIVATE LIMITED	Director	11/11/1985	11/11/1985	Active	NO
3	L01222PN1976PLC017422	VENKY'S (INDIA) LIMITED	Director	10/11/1995	10/11/1995	Active	NO
4	U01222AP1971PTC001422	VENKATESHWARA HATCHERIES PRIVATE LIMITED	Managing director	10/11/1995	10/11/1995	Active	NO
5	U74999PN1988PTC020677	BALA INDUSTRIES AND ENTERTAINMENT PRIVATE LIMITED	Director	14/03/1996	14/03/1996	Active	NO
6	U07222PN1980PTC017423	VENCO RESEARCH AND BREEDING FARM PRIVATE LIMITED	Director	16/03/1996	16/03/1996	Active	NO
7	U29299PN1993PTC020678	VENKATESHWARA ENGINEERING INDUSTRIES PRIVATE LIMITED	Director	18/03/1996	18/03/1996	Amalgamated	NO
8	U15332MH1996PTC099964	UTTARA FOODS AND FEEDS PRIVATE LIMITED	Managing director	04/06/1996	04/06/1996	Active	NO
9	U92111MH1998PTC114045	BALA ENTERTAINMENT INTERNATIONAL PRIVATE LIMITED	Director	19/03/1998	19/03/1998	Amalgamated	NO
10	U01222PN1980PTC017494	VENKATESHWARA RESEARCH AND BREEDING FARM PRIVATE LIMITED	Director	12/07/2001	12/07/2001	Active	NO
11	U15332PN2002PTC016680	B.V. BIO-CORP PRIVATE LIMITED	Director	15/01/2002	15/01/2002	Active	NO
12	U15136PN2004PTC018753	UTTARA MASALA PRODUCTS PRIVATE LIMITED	Director	08/01/2004	08/01/2004	Active	NO
13	U01222AP1998NPL029027	BHARAT EGG PRODUCERS' ASSOCIATION	Director	30/09/2004	30/09/2004	Active	NO
14	U01222PN2005PTC020345	ALL INDIA POULTRY DEVELOPMENT AND SERVICES PRIVATE LIMITED	Director	28/02/2005	28/02/2005	Active	NO
15	U00029PN2006PTC022259	UTTARA POULTRY AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
16	U00029PN2006PTC022258	UTTARA HATCHERIES AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
17	U24230PN2007PTC130916	UTTARA BIOSCIENCES PRIVATE LIMITED	Managing director	20/06/2008	27/10/2007	Active	NO
18	U51909PN2009PTC133389	UTTARA IMPEX PRIVATE LIMITED	Managing director	31/07/2010	20/01/2009	Active	NO
19	U73100PN2011PTC140966	SRIVENK BIOLOGICAL LABORATORIES PRIVATE LIMITED	Director	04/10/2011	04/10/2011	Active	NO
20	U15122AP2012PTC080815	UTTARA BAKERS PRIVATE LIMITED	Director	09/05/2012	09/05/2012	Active	NO
21	U14200PN2013PTC147812	PADMAVATI MARBLES PRIVATE LIMITED	Managing director	02/08/2013	19/06/2013	Active	NO

Name :

Mrs. Anuradha Jitendra Desai

Designation :

Director

Address :

“Venkatesh Farms”, S. No. 95/1, N.D.A. Road, Village Mauje Warje, Taluka, Haveli, Pune – 411029, Maharashtra, India

Date of Birth/Age :

15.05.1962

Date of Appointment :

20.01.2009

DIN No.:

00012212

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	U01222AP1971PTC001422	VENKATESHWARA HATCHERIES PRIVATE LIMITED	Managing director	27/10/1983	27/10/1983	Active	NO
2	U07222PN1980PTC017423	VENCO RESEARCH AND BREEDING FARM PRIVATE LIMITED	Director	03/12/1984	03/12/1984	Active	NO
3	L01222PN1976PLC017422	VENKY'S (INDIA) LIMITED	Director	02/12/1988	02/12/1988	Active	NO
4	U65999MH1987PTC023309	SRIVENK INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	29/01/1991	29/01/1991	Active	NO
5	U74999PN1988PTC020677	BALA INDUSTRIES AND ENTERTAINMENT PRIVATE LIMITED	Director	14/03/1996	14/03/1996	Active	NO
6	U01222PN1980PTC017494	VENKATESHWARA RESEARCH AND BREEDING FARM PRIVATE LIMITED	Director	15/03/1996	15/03/1996	Active	NO
7	U29299PN1993PTC020678	VENKATESHWARA ENGINEERING INDUSTRIES PRIVATE LIMITED	Director	18/03/1996	18/03/1996	Amalgamated	NO
8	U15400AP1982PLC070673	AGROCORPEX INDIA LIMITED	Director	23/03/1996	23/03/1996	Active	NO
9	U15332MH1996PTC099964	UTTARA FOODS AND FEEDS PRIVATE LIMITED	Director	04/06/1996	04/06/1996	Active	NO
10	U67120MH1982PTC027946	VENKA INVESTMENTS PRIVATE LIMITED	Director	30/06/1997	30/06/1997	Amalgamated	NO
11	U92111MH1998PTC114045	BALA ENTERTAINMENT INTERNATIONAL PRIVATE LIMITED	Director	19/03/1998	19/03/1998	Amalgamated	NO
12	U01222AP2000NPL035402	POULTRY DEVELOPMENT PROMOTION COUNCIL	Director	05/10/2000	05/10/2000	Active	NO
13	U15332PN2002PTC016680	B.V. BIO-CORP PRIVATE LIMITED	Director	15/01/2002	15/01/2002	Active	NO
14	U74220PN2002NPL017463	NATIONAL AGRICULTURE AND FOOD ANALYSIS AND RESEARCH INSTITUTE	Director	13/12/2002	13/12/2002	Active	NO
15	U55101MH2000PLC187834	LAVASA CORPORATION LIMITED	Director	24/02/2003	24/02/2003	Active	NO
16	U15136PN2004PTC018753	UTTARA MASALA PRODUCTS PRIVATE LIMITED	Director	08/01/2004	08/01/2004	Active	NO
17	U74140DL2004NPL125424	CENTRE FOR INTERNATIONAL TRADE IN AGRICULTURE AND AGRO BASED INDUSTRIES	Director	25/03/2004	25/03/2004	Active	NO
18	U01222AP1998NPL029027	BHARAT EGG PRODUCERS' ASSOCIATION	Director	30/09/2004	30/09/2004	Active	NO
19	U01222PN2005PTC020345	ALL INDIA POULTRY DEVELOPMENT AND SERVICES PRIVATE LIMITED	Director	28/02/2005	28/02/2005	Active	NO
20	U00029PN2006PTC022258	UTTARA HATCHERIES AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
21	U00029PN2006PTC022259	UTTARA POULTRY AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
22	U24230PN2007PTC130916	UTTARA BIOSCIENCES PRIVATE LIMITED	Director	27/10/2007	27/10/2007	Active	NO
23	U51909PN2009PTC133389	UTTARA IMPEX PRIVATE LIMITED	Director	20/01/2009	20/01/2009	Active	NO
24	U01222OR1985PTC002190	EASTERN HATCHERIES PRIVATE LIMITED	Director	19/06/2010	23/04/2010	Active	NO
25	U73100PN2011PTC140966	SRIVENK BIOLOGICAL LABORATORIES PRIVATE LIMITED	Director	04/10/2011	04/10/2011	Active	NO
26	U15122AP2012PTC080815	UTTARA BAKERS PRIVATE LIMITED	Director	09/05/2012	09/05/2012	Active	NO
27	U14200PN2013PTC147812	PADMAVATI MARBLES PRIVATE LIMITED	Director	19/06/2013	19/06/2013	Active	NO

Name :

Mr. Jitendra Moreshwar Desai

Designation :

Director

Address :

“Venkatesh Farms”, S. No. 95/1, N.D.A. Road, Village Mauje Warje, Taluka, Haveli, Pune – 411029, Maharashtra, India

Date of Birth/Age :

20.01.1953

Date of Appointment :

20.01.2009

DIN No.:

00013533

Other Directorship :

	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	U67120MH1982PTC027946	VENKA INVESTMENTS PRIVATE LIMITED	Director	20/01/1991	20/01/1991	Amalgamated	NO
2	U65999MH1987PTC023309	SRIVENK INVESTMENTS AND FINANCE PRIVATE LIMITED	Director	29/01/1991	29/01/1991	Active	NO
3	U01222PN1980PTC017494	VENKATESHWARA RESEARCH AND BREEDING FARM PRIVATE LIMITED	Managing director	22/03/1991	22/03/1991	Active	NO
4	U74999PN1988PTC020677	BALA INDUSTRIES AND ENTERTAINMENT PRIVATE LIMITED	Director	12/04/1993	12/04/1993	Active	NO
5	L01222PN1976PLC017422	VENKY'S (INDIA) LIMITED	Director	30/11/1993	30/11/1993	Active	NO
6	U01222OR1985PTC002190	EASTERN HATCHERIES PRIVATE LIMITED	Director	05/12/1994	05/12/1994	Active	NO
7	U01222AP1971PTC001422	VENKATESHWARA HATCHERIES PRIVATE LIMITED	Whole-time director	23/12/1994	23/12/1994	Active	NO
8	U92111MH1998PTC114045	BALA ENTERTAINMENT INTERNATIONAL PRIVATE LIMITED	Director	19/03/1998	19/03/1998	Amalgamated	NO
9	U15332PN2002PTC016680	B.V. BIO-CORP Private LIMITED	Director	15/01/2002	15/01/2002	Active	NO
10	U15136PN2004PTC018753	UTTARA MASALA PRODUCTS PRIVATE LIMITED	Director	08/01/2004	08/01/2004	Active	NO
11	U00029PN2006PTC022258	UTTARA HATCHERIES AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
12	U00029PN2006PTC022259	UTTARA POULTRY AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
13	U29299PN1993PTC020678	VENKATESHWARA ENGINEERING INDUSTRIES PRIVATE LIMITED	Director	27/11/2006	27/11/2006	Amalgamated	NO
14	U07222PN1980PTC017423	VENCO RESEARCH AND BREEDING FARM PRIVATE LIMITED	Alternate director	12/03/2012	30/03/2007	Active	NO
15	U24230PN2007PTC130916	UTTARA BIOSCIENCES PRIVATE LIMITED	Director	27/10/2007	27/10/2007	Active	NO
16	U51909PN2009PTC133389	UTTARA IMPEX PRIVATE LIMITED	Director	20/01/2009	20/01/2009	Active	NO
17	U73100PN2011PTC140966	SRIVENK BIOLOGICAL LABORATORIES PRIVATE LIMITED	Director	04/10/2011	04/10/2011	Active	NO

Name :

Mr. Banda Balaji B. Vasudev Rao

Designation :

Director

Address :

“Venkatesh Farms”, S. No. 95/1, N.D.A. Road, Village Mauje Warje, Taluka, Haveli, Pune – 411029, Maharashtra, India

Date of Birth/Age :

08.12.1972

Date of Appointment :

20.01.2009

DIN No.:

00013551

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	L01222PN1976PLC017422	VENKY'S (INDIA) LIMITED	Managing director	01/11/2012	09/11/1995	Active	NO
2	U01222AP1971PTC001422	VENKATESHWARA HATCHERIES PRIVATE LIMITED	Whole-time director	10/11/1995	10/11/1995	Active	NO
3	U15332MH1996PTC099964	UTTARA FOODS AND FEEDS PRIVATE LIMITED	Director	04/06/1996	04/06/1996	Active	NO
4	U92111MH1998PTC114045	BALA ENTERTAINMENT INTERNATIONAL PRIVATE LIMITED	Director	19/03/1998	19/03/1998	Amalgamated	NO
5	U15332PN2002PTC016680	B.V. BIO-CORP PRIVATE LIMITED	Director	15/01/2002	15/01/2002	Active	NO
6	U15136PN2004PTC018753	UTTARA MASALA PRODUCTS PRIVATE LIMITED	Director	08/01/2004	08/01/2004	Active	NO
7	U00029PN2006PTC022259	UTTARA POULTRY AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
8	U00029PN2006PTC022258	UTTARA HATCHERIES AND AGRI-FARMS PRIVATE LIMITED	Director	30/03/2006	30/03/2006	Active	NO
9	U24230PN2007PTC130916	UTTARA BIOSCIENCES PRIVATE LIMITED	Director	27/10/2007	27/10/2007	Active	NO
10	U51909PN2009PTC133389	UTTARA IMPEX PRIVATE LIMITED	Director	20/01/2009	20/01/2009	Active	NO
11	U01222OR1985PTC002190	EASTERN HATCHERIES PRIVATE LIMITED	Director	19/06/2010	23/04/2010	Active	NO
12	U74999PN1988PTC020677	BALA INDUSTRIES AND ENTERTAINMENT PRIVATE LIMITED	Director	04/07/2011	28/10/2010	Active	NO
13	U73100PN2011PTC140966	SRIVENK BIOLOGICAL LABORATORIES PRIVATE LIMITED	Director	04/10/2011	04/10/2011	Active	NO
14	U15122AP2012PTC080815	UTTARA BAKERS PRIVATE LIMITED	Director	09/05/2012	09/05/2012	Active	NO
15	U14200PN2013PTC147812	PADMAVATI MARBLES PRIVATE LIMITED	Director	19/06/2013	19/06/2013	Active	NO

Name :

Shahanawaj Hussain Shaikh

Designation :

Director

Address :

759/7, Deccan Gymkhana, Prabhat Road, Pune – 411004, Maharashtra, India

Date of Birth/Age :

01.11.1947

Date of Appointment :

20.01.2009

DIN No.:

02401610

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	U51909PN2009PTC133389	UTTARA IMPEX PRIVATE LIMITED	Director	20/01/2009	20/01/2009	Active	NO
2	U15332MH1996PTC099964	UTTARA FOODS AND FEEDS PRIVATE LIMITED	Whole-time director	30/09/2009	15/07/2009	Active	NO

Name :

Mr. Sunil Dnyandeo Shelke

Designation :

Whole Time Director

Address :

FL-B/F/1, Siddhivinayak Vihar, SN. 72/2E, Hadapsar, Pune – 313001, Maharashtra, India

Date of Birth/Age :

01.06.1966

Date of Appointment :

01.01.2013

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2013

Names of Shareholders	No. of Shares
Anuradha Jitendra Desai	2400
Banda Venkatesh Rao	2400
Banda Balaji Rao	2400
Jitendra M. Desai	2400
Shahanawaj Hussain Shaikh	400
Total	10000

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2013

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Exporter of Animal Feed, Poultry Products, Cattle Feed, Hatching Eggs, Animal Health Products, etc.
Brand Names :	Not Divulged
Agencies Held :	Not Divulged
Exports :
Products :	Not Divulged
Countries :	Not Divulged
Imports :
Products :	Not Divulged
Countries :	Not Divulged
Terms :
Selling :	Not Divulged
Purchasing :	Not Divulged

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 :

Payment Behaviour	Market Goodwill	Overall
Not Divulged	Not Divulged	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 :

Product Quality	Delivery Behaviour	Overall
Not Divulged	Not Divulged	Not Divulged

Remark:

Not Divulged

No. of Employees :

Information denied by the management

Bankers :

Corporation Bank, Corporate Banking Branch, 14, Mumbai-Pune Road, Wakdewadi, Pune - 411003, Maharashtra, India

Facilities :

Secured Loan	31.03.2013 (Rs. in Millions)	31.03.2012 (Rs. in Millions)
Long-term Borrowings
Vehicle Loan From Banks	0.373	0.461
Less: Current Maturities [Secured by hypothecation of vehicles]	(0.139)	(0.139)
Total	0.234	0.322
Long Term Borrowings The vehicle loan carries an interest rate @ 12.75%. the equated monthly installment is Rs.0.012 Million per months and still fifty four installment are remaining.
Short-term borrowings
Cash Credit From Banks [The cash credit facility is secured by stock and debtors]	127.559	39.991
Total	127.559	39.991

Banking Relations :
Auditors :
Name :	Kirtane and Pandit Chartered Accountants
Address :	"Sangati", 73/2/2, Bhakti Marg, Off Law College Road, Pune – 411004, Maharashtra, India
Tel. No.:	91-20-67295100/ 25433104/ 25438764
Fax No.:	91-20-25447603
E-Mail :	kpca@kirtanepandit.com
PAN N Income-tax PAN of auditor or auditor's firm :	AACFK3469N
Memberships :	--
Collaborators :	--
Associates/Subsidiaries :	Nil

CAPITAL STRUCTURE

As on 30.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
500,000	Equity Shares	Rs.10/- each	Rs.5.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10,000	Equity Shares	Rs.10/- each	Rs.0.100 Million

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100	0.100	0.100
(b) Reserves & Surplus	35.716	9.283	-4.658
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	4.800	0.000	0.000
Total Shareholders’ Funds (1) + (2)	40.616	9.383	-4.558
(3) Non-Current Liabilities
(a) long-term borrowings	0.234	0.322	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	0.234	0.322	0.000
(4) Current Liabilities
(a) Short term borrowings	127.559	39.991	2.848
(b) Trade payables	84.022	110.212	48.199
(c) Other current liabilities	303.200	182.632	71.648
(d) Short-term provisions	30.750	14.947	0.000
Total Current Liabilities (4)	545.531	347.782	122.695
TOTAL	586.381	357.487	118.137
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	2.858	2.726	2.193
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	50.000	190.152	0.000
(c) Deferred tax assets (net)	0.787	1.470	0.325
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	53.645	194.348	2.518
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	16.290	21.131	5.343
(c) Trade receivables	129.461	67.261	5.186
(d) Cash and cash equivalents	13.970	30.260	21.54
(e) Short-term loans and advances	16.598	7.092	7.819
(f) Other current assets	356.417	37.395	75.731
Total Current Assets	532.736	163.139	115.619
TOTAL	586.381	357.487	118.137

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2013	31.03.2012	31.03.2011
	SALES
	Income	997.987	852.310	194.120
	Other Income	0.000	0.000	0.000
	TOTAL (A)	997.987	852.310	194.120
Less	EXPENSES
	Cost of Materials Consumed	949.034	825.028	198.984
	Purchases of Stock-in-Trade	0.000	0.000	0.000
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	0.000	0.000	0.000
	TOTAL (B)	949.034	825.028	198.984
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	48.953	27.282	(4.864)
Less	FINANCIAL EXPENSES (D)	5.667	1.005	0.068
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	43.286	26.277	(4.932)
Less/ Add	DEPRECIATION/ AMORTISATION (F)	0.470	0.368	0.232
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	42.816	25.909	(5.164)
Less	TAX (I)	16.383	11.969	(0.309)
	PROFIT/ (LOSS) AFTER TAX (G-I) (J)	26.433	13.940	(4.855)
	Earnings / (Loss) Per Share (Rs.)	2643.30	1394.00	(465.80)

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin (PAT / Sales)	(%)	2.65	1.64	-2.50
Operating Profit Margin (PBIDT/Sales)	(%)	4.91	3.20	-2.51
Return on Total Assets (PBT/Total Assets}	(%)	7.99	15.62	-4.38
Return on Investment (ROI) (PBT/Networth)		1.05	2.76	1.13
Debt Equity Ratio (Total Debt /Networth)		3.15	4.30	-0.62
Current Ratio (Current Asset/Current Liability)		0.98	0.47	0.94

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	0.100	0.100	0.100
Reserves & Surplus	-4.658	9.283	35.716
Net worth	-4.558	9.383	35.816
long-term borrowings	0.000	0.322	0.234
Short term borrowings	2.848	39.991	127.559
Total borrowings	2.848	40.313	127.793
Debt/Equity ratio	-0.625	4.296	3.568

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	194.120	852.310	997.987
		339.063	17.092

NET PROFIT MARGIN

Net Profit Margin	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Sales	194.120	852.310	997.987
Profit	-4.855	13.940	26.433
	-2.50%	1.64%	2.65%

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	No
10]	Designation of contact person	No
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	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	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	Yes

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10280380	23/12/2011 *	220,000,000.00	CORPORATION BANK	CORPORATE BANKING BRANCH, 14, MUMBAI-PUNE ROAD, WAKDEWADI, PUNE - 411003, MAHARASHTRA, INDIA	B30965222

FIXED ASSETS

· Furniture and Fixture

Computers

Vehicles

Office Equipment

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.63.29
UK Pound	1	Rs.98.39
Euro	1	Rs.76.31

INFORMATION DETAILS

Information Gathered by :	GYT
Analysis Done by :	DIV
Report Prepared by :	TPT

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	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--CREDIT LINES	1~10	5
--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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		49

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.