MIRA INFORM REPORT

Report No. :	302483
Report Date :	12.01.2015

IDENTIFICATION DETAILS

Name :	CHANDRA MUKHI IMPEX LIMITED (w.e.f. 26.03.2014)
Formerly Known As :	CHANDRA MUKHI IMPEX PRIVATE LIMITED
Registered Office :	Chatterjee International Centre, 33A, J. L. Nehru Road, 12th Floor, Room No-07, Kolkata – 700071, West Bengal
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	02.03.1994
Com. Reg. No.:	21-062047
Capital Investment / Paid-up Capital :	Rs. 6.000 Millions
CIN No.: [Company Identification No.]	U74140WB1994PLC062047
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 :	The Company Manufactures and Export Industrial Garments (Incudes Office Wear, Uniforms, and Safety and Protective Clothing) along With Children’s Wear; it also Trades in Cosmetic Products.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (43)

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

Maximum Credit Limit :	USD 320000
Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. General financial position of the company seems to be sound. Profitability of the company is fair. Trade relations are fair. Business is active. Payment terms are reported to be slow but correct. The company can be considered for business dealings at usual trade terms and condition.

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	CRISIL
Rating	Short terms rating = A4+
Rating Explanation	Minimal degree of Safety and very High credit risk
Date	19.08.2014

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.

LOCATIONS

Registered Office / Corporate Office :	Chatterjee International Centre, 33A, J. L. Nehru Road, 12th Floor, Room No-07, Kolkata – 700071, West Bengal, India
Tel. No.:	91-33-30481800 /801
Fax No.:	91-33-30481801/ 22260128
E-Mail :	mail@cmimpex.com cmimpex@gmail.com
Website :	www.cmimpex.com
Manufacturing Unit :	Located at v Kolkata

DIRECTORS

AS ON 29.09.2014

Name :

Mr. Sunil Kumar Poddar

Designation :

Director

Address :

DB – 37 Saltlake City, Sector – 1, Kolkata – 700064, West Bengal, India

Date of Birth/Age :

05.11.1957

Date of Appointment :

02.03.1994

DIN No.:

00783366

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	U67120WB1988PTC043858	DEEPA HOLDING PVT LTD	Director	26-02-88	26-02-88	03-09-08	Active	NO
2	U65993WB1989PLC047508	SANSUN FISCAL SERVICES LTD	Director	01-09-89	01-09-89	-	Active	NO
3	U65993WB1991PTC050642	BANSHI FISCAL SERVICES PVT LTD	Director	11-01-91	11-01-91	-	Amalgamated	NO
4	U51909WB1992PTC056484	WELFORD DISTRIBUTORS PVT LTD	Director	22-01-93	22-01-93	-	Active	NO
5	U51909WB1992PTC056223	BRIGHT IMPEX & AGENCIES PVT LTD	Director	25-02-93	25-02-93	03-03-08	Active	NO
6	U51109WB1992PTC056437	TROPEX MARKETING PVT LTD	Director	20-12-93	20-12-93	-	Amalgamated	NO
7	U51109WB1988PTC045044	AKPK ASSOCIATES PVT LTD	Director	20-12-93	20-12-93	-	Amalgamated	NO
8	U51109WB1992PTC056199	GAJRA TREXIM PVT LTD	Director	20-12-93	20-12-93	-	Amalgamated	NO
9	U74140WB1994PLC062047	CHANDRA MUKHI IMPEX LTD	Director	02-03-94	02-03-94	-	Active	NO
10	U67120WB1994PTC063820	OLIPHA TRADING & INVESTMENTS PVT.LTD.	Director	05-07-94	05-07-94	21-02-08	Active	NO
11	U67120WB1996PTC081589	VIKRAM FINVEST PRIVATE LIMITED	Director	04-10-96	04-10-96	09-08-08	Active	NO
12	U65993WB1996PTC081806	MANGALAM TRAFIN PRIVATE LIMITED	Director	17-10-96	17-10-96	10-03-14	Active	NO
13	U67120WB1987PTC043067	CEE EMPEE INVESTMENTS PVT LTD	Director	03-11-98	03-11-98	10-03-14	Active	NO
14	U67120WB1986PTC041602	SANKAM TRADING & INVESTMENTS PVT LTD	Director	21-12-99	21-12-99	-	Amalgamated	NO
15	U65993WB1989PTC046568	KARISHMA BUSINESS & FINANCE PVT LTD	Director	21-12-99	21-12-99	-	Amalgamated	NO
16	U34103WB1959PTC024365	BENGAL CREDIT CORPORATION PVT LTD	Director	11-01-01	11-01-01	03-10-07	Active	NO
17	U34103WB1951PTC019638	J P ENGINEERING CORPN PVT LTD	Director	31-03-01	31-03-01	01-01-08	Active	NO
18	U18101WB1998PTC087302	FRONTIER GARMENT PRIVATE LIMITED	Director	11-04-02	11-04-02	10-03-14	Active	NO
19	U27102OR2001PTC006580	PRABHU SPONGE PRIVATE LIMITED	Director	01-03-03	01-03-03	-	Active	NO
20	U65999WB1993PTC060607	SANGIR FINANCIAL SERVICES PVT LTD	Director	02-01-04	02-01-04	-	Active	NO
21	U70101WB1986PTC040695	CLASSIC APPARTMENTS PVT. LTD.	Director	20-12-04	20-12-04	10-03-14	Active	NO
22	U25209WB2005PLC102752	PRABHU POLY COLOR LIMITED	Director	19-04-05	19-04-05	-	Active	NO
23	U25209WB2005PLC105383	PRABHU POLY PIPES LIMITED	Director	14-09-05	14-09-05	-	Active	NO
24	U65999WB1996PTC082077	D P FISCAL SERVICES PRIVATE LIMITED	Director	01-12-06	01-12-06	10-03-14	Active	NO
25	U67120WB1988PTC043683	SAHARSH MARKETING & FINANCE PVT LTD	Director	01-12-07	01-12-07	-	Active	NO
26	U51109WB2008PTC129867	SHERAA EXPORTS PRIVATE LIMITED	Director	19-05-10	19-05-10	10-03-14	Active	NO
27	L19129WB1991PLC051486	METROPOLI OVERSEAS LTD	Director	13-05-11	13-05-11	-	Active	NO
28	U51909WB2008PTC127892	AMAZING VINIMAY PRIVATE LIMITED	Director	12-09-11	12-09-11	-	Active	NO
29	U36999WB2004PLC098996	UNITED NANOTECHNOLOGIES LIMITED	Director	30-09-14	21-11-11	-	Active	NO
30	U51909WB2010PTC145040	SONATA RETAILS PRIVATE LIMITED	Director	20-07-12	20-07-12	-	Active	NO

Name :

Mr. Saharsh Poddar

Designation :

Director

Address :

DB – 37 Saltlake City, Sector – 1, Kolkata – 700064, West Bengal, India

Date of Birth/Age :

12.12.1983

Date of Appointment :

01.12.2005

DIN No.:

00783465

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	U67120WB1994PTC065774	GOKUL TREXIM PVT LTD	Director	24-07-03	24-07-03	10-03-14	Active	NO
2	U70101WB1986PTC040695	CLASSIC APPARTMENTS PVT. LTD.	Director	20-12-04	20-12-04	10-03-14	Active	NO
3	U74140WB1994PLC062047	CHANDRA MUKHI IMPEX LTD	Director	01-12-05	01-12-05	-	Active	NO
4	U65999WB1996PTC082077	D P FISCAL SERVICES PRIVATE LIMITED	Director	01-12-06	01-12-06	10-03-14	Active	NO
5	U67120WB1996PTC081589	VIKRAM FINVEST PRIVATE LIMITED	Director	03-05-07	03-05-07	21-04-08	Active	NO
6	U67120WB1988PTC043683	SAHARSH MARKETING & FINANCE PVT LTD	Director	01-12-07	01-12-07	-	Active	NO
7	U51909WB1992PTC056484	WELFORD DISTRIBUTORS PVT LTD	Director	01-12-07	01-12-07	-	Active	NO
8	U25209WB2005PLC105383	PRABHU POLY PIPES LIMITED	Director	01-12-07	01-12-07	-	Active	NO
9	U65993WB1989PLC047508	SANSUN FISCAL SERVICES LTD	Director	01-12-07	01-12-07	-	Active	NO
10	U27102OR2001PTC006580	PRABHU SPONGE PRIVATE LIMITED	Director	15-03-09	15-03-09	01-08-13	Active	NO
11	U25209WB2005PLC102752	PRABHU POLY COLOR LIMITED	Director	04-05-09	04-05-09	-	Active	NO
12	U65993WB1996PTC081806	MANGALAM TRAFIN PRIVATE LIMITED	Director	01-08-09	01-08-09	10-03-14	Active	NO
13	U65993WB1996PTC081597	MEGHDOOT FINVEST PRIVATE LIMITED	Director	01-08-09	01-08-09	10-03-14	Active	NO
14	U65993WB1989PTC046557	DASHAM MARKETTING & FINANCE PVT LTD	Director	10-08-09	10-08-09	10-03-14	Active	NO
15	U45400WB2009PTC137777	C. M. PROPERTIES PRIVATE LIMITED	Director	14-08-09	14-08-09	10-03-14	Active	NO
16	U45400WB2009PTC137779	SUNHARI PROPERTIES PRIVATE LIMITED	Director	14-08-09	14-08-09	10-03-14	Active	NO
17	U51109WB2008PTC129867	SHERAA EXPORTS PRIVATE LIMITED	Director	19-05-10	19-05-10	10-03-14	Active	NO
18	U36999WB2004PLC098996	UNITED NANOTECHNOLOGIES LIMITED	Director	30-09-14	21-11-11	-	Active	NO

Name :

Mr. Aditya Vardhan Poddar

Designation :

Director

Address :

DB – 37 Saltlake City, Sector – 1, Kolkata – 700064, West Bengal, India

Date of Birth/Age :

22.12.1978

Date of Appointment :

10.08.2000

DIN No.:

00783485

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	U65999WB1996PTC082077	D P FISCAL SERVICES PRIVATE LIMITED	Director	20-06-97	20-06-97	10-03-14	Active	NO
2	U67120WB1987PTC043067	CEE EMPEE INVESTMENTS PVT LTD	Director	01-08-00	01-08-00	10-03-14	Active	NO
3	U65993WB1996PTC081802	DELUXE LEAFIN PRIVATE LIMITED	Director	10-08-00	10-08-00	-	Amalgamated	NO
4	U74140WB1994PLC062047	CHANDRA MUKHI IMPEX LTD	Director	10-08-00	10-08-00	-	Active	NO
5	U65999WB1996PTC081955	COSCHEM FINVEST PRIVATE LIMITED	Director	10-08-00	10-08-00	-	Amalgamated	NO
6	U51909WB1992PTC056484	WELFORD DISTRIBUTORS PVT LTD	Director	10-08-00	10-08-00	-	Active	NO
7	U65993WB1991PTC050642	BANSHI FISCAL SERVICES PVT LTD	Director	10-08-00	10-08-00	-	Amalgamated	NO
8	U34103WB1959PTC024365	BENGAL CREDIT CORPORATION PVT LTD	Director	11-01-01	11-01-01	03-10-07	Active	NO
9	U67120MH1996PTC193934	SUPRA TRAFIN PRIVATE LIMITED	Director	25-01-01	25-01-01	03-03-08	Active	NO
10	U51909WB1992PTC056223	BRIGHT IMPEX & AGENCIES PVT LTD	Director	25-01-01	25-01-01	03-03-08	Active	NO
11	U34103WB1951PTC019638	J P ENGINEERING CORPN PVT LTD	Director	31-03-01	31-03-01	01-01-08	Active	NO
12	U18101WB1998PTC087302	FRONTIER GARMENT PRIVATE LIMITED	Director	11-04-02	11-04-02	10-03-14	Active	NO
13	U67120WB1994PTC065774	GOKUL TREXIM PVT LTD	Director	24-07-03	24-07-03	10-03-14	Active	NO
14	U65993WB1992PTC056087	DALALSTREET FINANCE PVT LTD	Director	09-03-11	09-03-11	10-03-14	Active	NO
15	U65993WB1989PLC047508	SANSUN FISCAL SERVICES LTD	Director	29-09-14	10-03-14	-	Active	NO
16	U67120WB1988PTC043683	SAHARSH MARKETING & FINANCE PVT LTD	Director	29-09-14	10-03-14	-	Active	NO

Name :

Mr. Hari Mohan Marda

Designation :

Director

Address :

4/2, Sarat Bose Road OLY MPUS Court Flat – C – 101, Kolkata – 700020 West Bengal, India

Date of Birth/Age :

01.01.1943

Date of Appointment :

03.02.2004

DIN No.:

00855466

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	U70101WB1994NPL061572	MANI TOWERS FLAT OWNERS ASSOCIATION	Director	30-09-00	30-09-00	20-12-10	Active	NO
2	U18101WB1998PTC087302	FRONTIER GARMENT PRIVATE LIMITED	Director	11-04-02	11-04-02	10-03-14	Active	NO
3	U27102OR2001PTC006580	PRABHU SPONGE PRIVATE LIMITED	Director	01-03-03	01-03-03	01-08-13	Active	NO
4	U74140WB1994PLC062047	CHANDRA MUKHI IMPEX LTD	Director	03-02-04	03-02-04	-	Active	NO
5	U25209WB2005PLC102752	PRABHU POLY COLOR LIMITED	Director	19-04-05	19-04-05	-	Active	NO
6	U25209WB2005PLC105383	PRABHU POLY PIPES LIMITED	Director	14-09-05	14-09-05	-	Active	NO
7	L21019WB1981PLC034161	EMAMI PAPER MILLS LIMITED	Director	11-08-14	27-01-09	-	Active	NO
8	L45400WB2008PLC121426	Emami Infrastructure Limited	Director	05-09-14	25-01-10	-	Active	NO
9	U45200WB2006PLC111894	EMAMI REALTY LIMITED	Director	30-09-10	25-01-10	13-08-14	Active	NO
10	U51109WB2008PTC129867	SHERAA EXPORTS PRIVATE LIMITED	Director	19-05-10	19-05-10	10-03-14	Active	NO
11	L24239WB1919PLC136397	ZANDU REALTY LIMITED	Director	05-09-14	26-05-10	-	Active	NO
12	U21019WB1995PLC071252	SOUTH CITY PROJECTS (KOLKATA) LIMITED	Director	02-09-14	07-07-14	-	Active	NO

Name :

Mr. VIKASH MARDA

Designation :

Director

Address :

4/2, Sarat Bose Road OLY MPUS Court Flat – C – 101, Kolkata – 700020 West Bengal, India

Date of Birth/Age :

02.06.1973

Date of Appointment :

02.05.2007

DIN No.:

01485236

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	U74140WB1994PLC062047	CHANDRA MUKHI IMPEX LTD	Director	02-05-07	02-05-07	-	Active	NO
2	U25209WB2005PLC105383	PRABHU POLY PIPES LIMITED	Director	01-12-07	01-12-07	-	Active	NO
3	U27102OR2001PTC006580	PRABHU SPONGE PRIVATE LIMITED	Director	15-03-09	15-03-09	01-08-13	Active	NO
4	U25209WB2005PLC102752	PRABHU POLY COLOR LIMITED	Director	04-05-09	04-05-09	-	Active	NO
5	U65993WB1996PTC081597	MEGHDOOT FINVEST PRIVATE LIMITED	Director	01-08-09	01-08-09	10-03-14	Active	NO
6	U65993WB1989PTC046557	DASHAM MARKETTING & FINANCE PVT LTD	Director	10-08-09	10-08-09	10-03-14	Active	NO
7	U45400WB2009PTC137777	C. M. PROPERTIES PRIVATE LIMITED	Director	14-08-09	14-08-09	10-03-14	Active	NO
8	U45400WB2009PTC137779	SUNHARI PROPERTIES PRIVATE LIMITED	Director	14-08-09	14-08-09	10-03-14	Active	NO
9	U65999WB1996PTC082077	D P FISCAL SERVICES PRIVATE LIMITED	Director	01-02-10	01-02-10	10-03-14	Active	NO
10	U51109WB2008PTC129867	SHERAA EXPORTS PRIVATE LIMITED	Director	19-05-10	19-05-10	10-03-14	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 29.09.2014

Names of Shareholders	No. of Shares
Sunil Kumar Poddar	108100
Sangeeta Poddar	59500
Avinash Marda	16700
Hari Mohan Marda	63300
Pramila Marda	56000
Radhika Marda	14000
Gita Vinimay Private Limited, India	10000
Pratush Consultant Private Limited, India	15000
Nidhi Agro Private Limited, India	10000
Deepak Pens And Plastics Private Limited, India	10000
Jeevan Commotrade Private Limited, India	20000
Lakepoint Commercial Private Limited, India	10000
Dhruv Dealtrade Private Limited, India	10000
Alka Bajaj	100
Rachna Kayan	100
Radhey Mohan Singhania	100
Radhey Mohan Singhania (HUF)	100
Mani Schroff	100
Singhania Stock Broking Private Limited, India	10000
Shankar Vincom Private Limited, India	10000
Welford Distribution Private Limited	38300
Sansun Fiscal Services Private Limited, India	12500
SPA Stock And Securities Private Limited, India	35000
S. K. Kumar And Sons Holding Private Limited, India	15000
Saharsh Poddar	76100
Total	600000

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Bodies corporate	34.30
Directors or relatives of Directors	65.20
Other	0.50
Total	100.00

BUSINESS DETAILS

Line of Business :	The Company Manufactures and Export Industrial Garments (Incudes Office Wear, Uniforms, and Safety and Protective Clothing) along With Children’s Wear; it also Trades in Cosmetic Products.
Products :	v Brokers and Agents of all Kinds of Goods and Services.
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Available
Imports :	Not Available
Terms :
Selling :	Not Available
Purchasing :	Not Available

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

Not Available

Bankers :

Banker Name	Vijya Bank
Branch Address	Industrial Finance Branch, 182, Poonamalle High Raod, Chennai – 600010, Tamil Nadu , India
Person Name (With Designation)	Not Available
Contact Number	Not Available
Name of Account Holder	Not Available
Account Number	Not Available
Account Since (Date/Year of Account Opening)	7216003000048
Average Balance Maintained (If Possible)	Not Available
Credit Facilities Enjoyed (If any)	Not Available
Account Operation	Not Available
Remarks (If any)	Not Available

Facilities :

SECURED LOANS	31.03.2014 (Rs. In Millions)	31.03.2013 (Rs. In Millions)
LONG TERM BORROWINGS
Car Loan From Banks (vehicle loan amounting to Rs. 4.090 Millions is secured by hypothecation of vehicle of the company	1.273	2.348
SHORT TERM BORROWINGS
Bill Discounting From Vijya Bank	50.889	48.847
PCL/PCFC From Bank	61.103	62.174
Total	113.265	113.369

Auditors :
Name :	A.K. Kataruka and Company Chartered Accountant
Address :	41, B.B. Ganguly Street, 3rd Floor, Suit No. C12, Kolkata – 700012, West Bengal, India
Tel. No.:	91-33-22101965
Fax No.:	91-33-22377019
E-Mail :	goyaica@vsnl.net
PAN No.:	AAJFA5260D
Memberships :	Not Available
Collaborators :	Not Available
Group companies :	v Prabhu Poly Color Private Limited, India v Prabhu Poly Pipes Private Limited, India v Prabhu Sponge Private Limited, India v MCP Productions v Metropolis Overseas Limited, India

CAPITAL STRUCTURE

As on 29.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
600000	Equity Shares	Rs.10/- each	Rs.6.000 Millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
600000	Equity Shares	Rs.10/- each	Rs.6.000 Millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	6.000	6.000	6.000
(b) Reserves & Surplus	105.824	97.389	94.355
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	111.824	103.389	100.355
(3) Non-Current Liabilities
(a) long-term borrowings	1.273	2.348	3.348
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	3.750	3.750	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	5.023	6.098	3.348
(4) Current Liabilities
(a) Short term borrowings	147.392	114.121	90.381
(b) Trade payables	26.810	17.942	5.188
(c) Other current liabilities	36.154	8.062	18.390
(d) Short-term provisions	3.522	1.704	4.156
Total Current Liabilities (4)	213.878	141.829	118.115
TOTAL	330.725	251.316	221.818
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	32.169	34.986	37.824
(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	12.214	14.214	14.723
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	0.000	0.000	0.000
(e) Other Non-current assets	1.001	1.321	1.809
Total Non-Current Assets	45.384	50.521	54.356
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	124.394	84.009	47.557
(c) Trade receivables	92.733	63.503	70.270
(d) Cash and cash equivalents	49.749	41.585	38.053
(e) Short-term loans and advances	0.060	0.130	0.563
(f) Other current assets	18.405	11.568	11.019
Total Current Assets	285.341	200.795	167.462
TOTAL	330.725	251.316	221.818

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	286.034	288.552
		Other Income	37.480	24.837
		TOTAL	323.514	313.389	282.511
Less	EXPENSES
		Cost of Materials Consumed	255.288	253.468
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(19.274)	(13.722)
		Employees benefits expense	24.171	19.095
		Other expenses	40.849	37.301
		TOTAL (B)	301.034	296.142	278.008
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION		22.480	17.247	Including depreciation and finance expense
Less	FINANCIAL EXPENSES		8.094	7.041
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		14.386	10.206
Less/ Add	DEPRECIATION/ AMORTISATION		4.803	5.164
	PROFIT BEFORE TAX		9.583	5.042	4.503
Less	TAX		1.148	1.704	1.268
	PROFIT AFTER TAX		8.435	3.338	3.235
	Earnings Per Share (Rs.)		14.05	5.56	5.39

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Total Sales)	(%)	2.95	1.16	1.15
Operating Profit Margin (PBIDT/Sales)	(%)	7.86	5.98	NA
Return on Total Assets (PBT/Total Assets}	(%)	3.01	2.13	2.17
Return on Investment (ROI) (PBT/Networth)		0.09	0.05	0.04
Debt Equity Ratio (Total Debt /Networth)		1.33	1.13	0.93
Current Ratio (Current Asset/Current Liability)		1.33	1.42	1.42

FINANCIAL ANALYSIS

[all figures are in Rupees Millions]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Share Capital	6.000	6.000	6.000
Reserves & Surplus	94.355	97.389	105.824
Net worth	100.355	103.389	111.824
long-term borrowings	3.348	2.348	1.273
Short term borrowings	90.381	114.121	147.392
Total borrowings	93.729	116.469	148.665
Debt/Equity ratio	0.934	1.127	1.329

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Total Sales	282.511	288.552	286.034
		2.138	(0.873)

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Millions)	(Rs. In Millions)	(Rs. In Millions)
Total Sales	282.511	288.552	286.034
Profit	3.235	3.338	8.435
	1.15%	1.16%	2.95%

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	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	Yes
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

Note : Registered Office of the Company has Been Shifted From Chatterjee International Centre 33A, J L Nehru, Road 12th Floor Room 13, Kolkata – 700071, West Bengal, India to the present address w.e.f. 25.06.2009

UNSECURED LOAN

(Rs. In Million)

PARTICULAR	31.03.2014 (Rs. In Millions)	31.03.2013 (Rs. In Millions)
SHORT TERM BORROWINGS
From Body Corporate	29.750	0.000
From Shareholders	5.650	3.100
Total	35.400	3.100

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10510719	28/06/2014	900,000.00	VIJAYA BANK	OVERSEAS BRANCH, 125/1 PARK STREET, KOLKATA, West  Bengal - 700017, INDIA	C12752499
2	10510716	26/06/2014	395,000.00	VIJAYA BANK	OVERSEAS BRANCH, 125/1 PARK STREET, KOLKATA, West  Bengal - 700017, INDIA	C12750766
3	10120979	19/08/2008	17,500,000.00	VIJAYA BANK	ROURKELA BRANCH ROURKELA BRANCH, 408, BISRA ROAD,  ROURKELA, Orissa - 769001, INDIA	A45073251
4	10105541	09/10/2012 *	129,400,000.00	VIJAYA BANK MAIN ROAD	M S MARG, BISRA ROAD, ROURKELA, Orissa - 769001,  INDIA	B63287650
5	80016538	29/12/2012 *	100,000,000.00	VIJAYA BANK	OVERSEAS BRANCH, 125/1 PARK STREET, KOLKATA, West  Bengal - 700017, INDIA	B68754910

* Date of charge modification

FIXED ASSETS

v Land

v Office Premises

v Factory Building

v Plant and Machinery

v 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 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.62.39
UK Pound	1	Rs.94.16
Euro	1	Rs.73.61

INFORMATION DETAILS

Analysis Done by :	KRN
Report Prepared by :	ANU

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILITY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	4
--RESERVES	1~10	5
--CREDIT LINES	1~10	4
--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		43

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.