MIRA INFORM REPORT

Report No. :	330570
Report Date :	08.07.2015

IDENTIFICATION DETAILS

Name :	TRIVITRON HEALTHCARE PRIVATE LIMITED (w.e.f. 23.10.2008)
Formerly Known As :	TRIVITRON DIAGNOSTICS PRIVATE LIMITED (w.e.f. 31.01.2002) TRIVITRON DIAGNOSTICS LIMITED
Registered Office :	Trivitron Sapthagiri Bhawan, No.15, IV Street, Abhiramapuram, Chennai – 600 018, Tamilnadu
Tel. No.:	91-44-24985050
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	18.05.1998
Com. Reg. No.:	18-040515
Capital Investment / Paid-up Capital :	Rs.25.528 million
CIN No.: [Company Identification No.]	U85110TN1998PTC040515
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	CHET07271F CHET07756A
PAN No.: [Permanent Account No.]	AAACT9378H
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturing and Trading of Healthcare Equipment.
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

Ba (45)

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

Maximum Credit Limit :	USD 6972000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company incorporated during the year 1998. It is having a satisfactory track record. For the financial year ended 2014, company has healthy operational performance with decent sales turnover along with an increase in profitability margin. Further, rating also takes into consideration company’s healthy business risk profile marked by its wide distribution network and product diversity along with strong financial risk profile and combined business line of all its subsidiaries marked by decent networth position. Trade relations are reported as fair. Business is active. Payment terms are usually correct. In view of healthy operational performance and good scale of operations, the company can be considered normal 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 – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
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	Long-Term Loan Facilities: BBB+
Rating Explanation	Moderate degree of safety and moderate credit risk.
Date	19.12.2014

Rating Agency Name	CRISIL
Rating	Short-Term Loan Facilities: A2
Rating Explanation	Strong degree of safety and low credit risk.
Date	19.12.2014

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 31-03-2013.

LOCATIONS

Registered Office/ Corporate Headquarter :	Trivitron Sapthagiri Bhawan, No.15, IV Street, Abhiramapuram, Chennai – 600 018, Tamilnadu, India
Tel. No.:	91-44-24985050 (6 Lines)
Fax No.:	91-44-24985757/ 24672782
E-Mail :	groupmarketing@trivitron.com anilkumar@trivitron.com
Website :	http://www.trivitron.com
Factory :	Located at: · Pune · Chennai · Cochin
Regional/ Branch Offices :	Located at: · Chennai · Bangalore · Pondicherry · Mumbai · Kolkata · Pune · New Delhi · Cochin
Overseas Offices :	Located at: · United States of America · Abu Dhabi · Oman · Sri Lanka · Finland

DIRECTORS

AS ON 29.09.2014

Name :

Dr. Gomathi Babu Sadacharam Kulandai Velu

Designation :

Managing Director

Address :

No.25 (Old No.13), 1^st Main Road, CIT Colony, Mylapore, Chennai – 600 004, Tamilnadu, India

Date of Birth/Age :

30.06.1967

Date of Appointment :

18.05.1998

PAN No.:

AABPV3508P

DIN No.:

00894980

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	U33112TN1997PTC037396	TRIVITRON MEDICAL SYSTEMS PRIVATE LIMITED	Director	27/01/1997	27/01/1997	-	Active	NO
2	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Managing director	18/05/1998	18/05/1998	-	Active	NO
3	U74140TN1999PTC043339	TRIVITRON MEDICAL TECHNOLOGIES PRIVATE LIMITED	Director	12/10/1999	12/10/1999	-	Amalgamated	NO
4	U85195TN2000PTC043978	TRIPOLI PATH LAB PRIVATE LIMITED	Director	21/01/2000	21/01/2000	-	Amalgamated	NO
5	U29297TN2001PTC047581	TRIVITRON DENTAL TECHNOLOGIES PRIVATE LIMITED	Director	13/08/2001	13/08/2001	-	Amalgamated	NO
6	U85195KL1983PTC003809	SUDHARMA METROPOLIS HEALTH SERVICES PRIVATE LIMITED	Director	30/11/2002	30/11/2002	-	Active	NO
7	U85195TN2000PTC046354	LISTER METROPOLIS LABORATORY AND RESEARCH CENTRE PRIVATE LIMITED	Whole-time director	18/01/2003	18/01/2003	-	Amalgamated	NO
8	U85195MH2003PLC141177	METROPOLIS HEALTH SERVICES (INDIA) LIMITED	Managing director	01/01/2008	04/07/2003	-	Amalgamated	NO
9	U85110MH2003PTC141412	METRO HOME HEALTH SERVICES PRIVATE LIMITED	Director	21/07/2003	21/07/2003	-	Amalgamated	NO
10	U29297TN2003PTC051492	BIOSYSTEMS DIAGNOSTICS PRIVATE LIMITED	Director	18/02/2004	18/02/2004	-	Active	NO
11	U85110DL2004PTC128931	DIWAN CHAND METROPOLIS DIAGNOSTICE SERVICES PRIVATE LIMITED	Director	09/09/2004	09/09/2004	-	Amalgamated	NO
12	U73100MH2000PLC192798	METROPOLIS HEALTHCARE LIMITED	Director	18/03/2011	17/08/2005	-	Active	NO
13	U85195MH1998PTC141735	GOLWILKAR METROPOLIS HEALTH SERVICES (INDIA) PRIVATE LIMITED	Director	15/10/2005	15/10/2005	-	Active	NO
14	U84110GJ1997PTC032115	SANKET METROPOLIS HEALTH SERVICES (INDIA) PRIVATELIMITED	Director	02/04/2007	02/04/2007	-	Active	NO
15	U33112PN2005PTC021225	VISION MEDICAID EQUIPMENTS PRIVATE LIMITED	Director	29/09/2007	25/08/2007	29/09/2014	Active	NO
16	U33111TN2007PTC064858	ALOKA TRIVITRON MEDICAL TECHNOLOGIES PRIVATE LIMITED	Director	24/09/2007	24/09/2007	-	Active	NO
17	U85110TN2007PTC065138	HEXEL HEALTHCARE CONSULTING (INDIA) PRIVATE LIMITED	Director	24/10/2007	24/10/2007	-	Active	NO
18	U85195GJ2008PTC052594	DESAI METROPOLIS HEALTH SERVICES PRIVATE LIMITED	Director	08/01/2008	08/01/2008	-	Active	NO
19	U85110KA2005PTC035919	R.V. METROPOLIS DIAGNOSTIC AND HEALTH CARE CENTER PRIVATE LIMITED	Director	25/09/2008	03/04/2008	-	Active	NO
20	U85110TN2008PLC068161	ALLIANCE MEDICORP (INDIA) LIMITED	Director	12/06/2008	12/06/2008	-	Active	NO
21	U29297TN2008PTC068229	JOHARI TRIVITRON MEDICAL INNOVATIONS PRIVATE LIMITED	Director	16/06/2008	16/06/2008	-	Strike off	NO
22	U85195TN2008PTC068998	ET TRIVITRON MEDICAL SOLUTIONS PRIVATE LIMITED	Director	25/08/2008	25/08/2008	-	Amalgamated	NO
23	U85100BR2008PTC013973	METROPOLIS CLINICAL DIAGNOSTICS (BIHAR) PRIVATE LIMITED	Director	01/10/2008	01/10/2008	06/10/2010	Strike off	NO
24	U85110MH2001PTC217689	FINAL DIAGNOSIS PRIVATE LIMITED	Director	03/09/2009	02/03/2009	-	Active	NO
25	U85100MH2009PTC196736	PARAKH CLINICAL LABORATORIES PRIVATE LIMITED	Director	29/10/2009	29/10/2009	28/03/2011	Active	NO
26	U85120TN2002PLC049414	ALLIANCE DENTAL CARE LIMITED	Director	30/09/2010	18/03/2010	-	Active	NO
27	U85110TN2010PTC075352	MEDFORT HOSPITALS PRIVATE LIMITED	Director	15/04/2010	15/04/2010	-	Active	NO
28	U85110DL2002PTC116372	SHARP SIGHT LASER CENTRE PRIVATE LIMITED	Director	30/09/2010	07/06/2010	10/03/2012	Active	NO
29	U85110TN2010PTC078294	MEDFORT DIABETIC CARE PRIVATE LIMITED	Whole-time director	02/12/2010	02/12/2010	-	Strike off	NO
30	U80101TN1995PTC092947	MAXIVISION LASER CENTRE PRIVATE LIMITED	Director	20/09/2011	14/07/2011	-	Active	NO
31	U33111TN1974PLC095942	KIRAN MEDICAL SYSTEMS LIMITED	Director	27/06/2012	05/08/2011	-	Amalgamated	NO
32	U85100TN2012FTC086681	DIASORIN TRIVITRON HEALTHCARE PRIVATE LIMITED	Director	10/07/2012	10/07/2012	-	Active	NO
33	U33111TN1987PTC099296	IMAGING PRODUCTS (INDIA) PRIVATE LIMITED	Director	30/09/2013	26/03/2013	-	Active	NO
34	U85100TN2014PTC095571	APOLLO DIALYSIS PRIVATE LIMITED	Director	20/03/2014	20/03/2014	-	Active	NO

Name :

Mrs. Subbulakshmi Kulandai Velu

Designation :

Director

Address :

No.25 (Old No.13), 1^st Main Road, CIT Colony, Mylapore, Chennai – 600 004, Tamilnadu, India

Date of Birth/Age :

25.10.1972

Date of Appointment :

05.01.1999

PAN No.:

ALHPK3166B

DIN No.:

00180390

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	U33112TN1997PTC037396	TRIVITRON MEDICAL SYSTEMS PRIVATE LIMITED	Director	27/01/1997	27/01/1997	-	Active	NO
2	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Director	05/01/1999	18/05/1998	-	Active	NO
3	U74140TN1999PTC043339	TRIVITRON MEDICAL TECHNOLOGIES PRIVATE LIMITED	Director	12/10/1999	12/10/1999	-	Amalgamated	NO
4	U29297TN2001PTC047581	TRIVITRON DENTAL TECHNOLOGIES PRIVATE LIMITED	Director	13/08/2001	13/08/2001	-	Amalgamated	NO
5	U85195MH2003PLC141177	METROPOLIS HEALTH SERVICES (INDIA) LIMITED	Director	04/07/2003	04/07/2003	29/09/2007	Amalgamated	NO
6	U29297TN2003PTC051492	BIOSYSTEMS DIAGNOSTICS PRIVATE LIMITED	Director	01/09/2003	01/09/2003	-	Active	NO
7	U33112PN2005PTC021225	VISION MEDICAID EQUIPMENTS PRIVATE LIMITED	Director	29/09/2007	25/08/2007	29/09/2014	Active	NO
8	U33111TN2007PTC064858	ALOKA TRIVITRON MEDICAL TECHNOLOGIES PRIVATE LIMITED	Director	24/09/2007	24/09/2007	10/08/2011	Active	NO
9	U85110TN2007PTC065138	HEXEL HEALTHCARE CONSULTING (INDIA) PRIVATE LIMITED	Director	24/10/2007	24/10/2007	-	Active	NO
10	U85110TN2008PLC068161	ALLIANCE MEDICORP (INDIA) LIMITED	Director	12/06/2008	12/06/2008	-	Active	NO
11	U29297TN2008PTC068229	JOHARI TRIVITRON MEDICAL INNOVATIONS PRIVATE LIMITED	Director	16/06/2008	16/06/2008	-	Strike off	NO
12	U85195TN2008PTC068998	ET TRIVITRON MEDICAL SOLUTIONS PRIVATE LIMITED	Director	25/08/2008	25/08/2008	-	Amalgamated	NO
13	U85110TN2010PTC075352	MEDFORT HOSPITALS PRIVATE LIMITED	Director	15/04/2010	15/04/2010	-	Active	NO
14	U85110TN2010PTC078294	MEDFORT DIABETIC CARE PRIVATE LIMITED	Director	02/12/2010	02/12/2010	-	Strike off	NO
15	U85100TN2014PTC095571	APOLLO DIALYSIS PRIVATE LIMITED	Director	20/03/2014	20/03/2014	-	Active	NO

Name :

Mr. Rajesh Kumar Dugar

Designation :

Nominee Director

Address :

31, Chitrakoot, Altamount Road, Mumbai – 400 026, Maharashtra, India

Date of Birth/Age :

01.07.1969

Date of Appointment :

23.10.2012

DIN No.:

00307729

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	U72200TN1999PTC042375	INTERCEPT TECHNOLOGIES INDIA PRIVATE LIMITED	Nominee director	21/08/2000	21/08/2000	10/02/2003	Active	NO
2	U70100MH1989PTC053972	SRIPAN LAND DEVELOPMENT PRIVATE LIMITED	Director	09/06/2003	09/06/2003	-	Active	NO
3	U73900MH1998PTC116053	NETMAGIC SOLUTIONS PRIVATE LIMITED	Additional director	24/01/2008	24/01/2008	29/08/2012	Active	NO
4	U74140MH2007PTC172259	FIL CAPITAL ADVISORS (INDIA) PRIVATE LIMITED	Whole-time director	01/04/2014	28/01/2008	-	Active	NO
5	U45203OR1995PLC003982	COASTAL PROJECTS LIMITED	Alternate director	10/11/2008	25/03/2008	01/10/2013	Active	NO
6	U29199AP1997PLC026477	VMC SYSTEMS LIMITED	Alternate director	30/10/2008	30/10/2008	14/11/2013	Active	NO
7	U72300KA2003PTC033038	MANTHAN SOFTWARE SERVICES PRIVATE LIMITED	Nominee director	05/07/2013	18/12/2009	-	Active	NO
8	U45201DL2006PLC156532	PL ENGINEERING LIMITED.	Director	07/05/2010	07/05/2010	-	Active	NO
9	U51505PN1976PLC151160	SHREEM ELECTRIC LIMITED	Director	30/09/2011	14/10/2010	-	Active	NO
10	U72900DL2000PTC103915	MIND SHAPER TECHNOLOGIES PRIVATE LIMITED	Director	11/02/2011	05/02/2011	18/04/2011	Active	NO
11	U63013DL2004PTC128680	SBS TRANSPOLE LOGISTICS PRIVATE LIMITED	Director	16/05/2011	16/05/2011	31/07/2014	Active	NO
12	U33112KA1993PTC014776	XCYTON DIAGNOSTICS PRIVATE LIMITED	Director	25/11/2011	25/11/2011	24/06/2014	Active	NO
13	U24239AP2005PTC047518	LAURUS LABS PRIVATE LIMITED	Director	07/09/2012	14/02/2012	-	Active	NO
14	U74140MH1997NPL111167	YOUNG PRESIDENTS ORGANIZATION (MUMBAI CHAPTER)	Director	01/07/2012	01/07/2012	01/07/2014	Active	NO
15	U40109TG2004PLC043985	JALPOWER CORPORATION LIMITED	Nominee director	30/09/2013	01/10/2012	04/10/2013	Active	NO
16	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Nominee director	23/10/2012	23/10/2012	-	Active	NO

Name :

Mr. Robert Mark Weisskoff

Designation :

Nominee Director

Address :

18, Preston Road, Lexington, Massachusetts 024203227

Date of Birth/Age :

22.06.1962

Date of Appointment :

23.10.2012

DIN No.:

05122018

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	U33112KA1993PTC014776	XCYTON DIAGNOSTICS PRIVATE LIMITED	Director	25/11/2011	25/11/2011	26/06/2014	Active	NO
2	U24239AP2005PTC047518	LAURUS LABS PRIVATE LIMITED	Director	07/09/2012	14/02/2012	-	Active	NO
3	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Nominee director	23/10/2012	23/10/2012	-	Active	NO

Name :

Mr. Athmanathan Ganesan

Designation :

Director

Address :

Flat No.1-A, Old No.17, New No.2, Shyam Nivas, Second Crescent Park Road, Gandhi Nagar, Adyar, Chennai – 600 020, Tamilnadu, India

Date of Appointment :

29.09.2014

DIN No.:

02122660

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	U85195MH2003PLC141177	METROPOLIS HEALTH SERVICES (INDIA) LIMITED	Director	29/09/2008	26/03/2008	-	Amalgamated	NO
2	U73100MH2000PLC192798	METROPOLIS HEALTHCARE LIMITED	Director	09/09/2008	06/05/2008	-	Active	NO
3	U85110KA2005PTC035919	R.V.METROPOLIS DIAGNOSTIC AND HEALTH CARE CENTER PRIVATE LIMITED	Additional director	06/10/2008	06/10/2008	03/09/2009	Active	NO
4	U85195KL1983PTC003809	SUDHARMA METROPOLIS HEALTH SERVICES PRIVATE LIMITED	Director	28/09/2010	09/11/2009	-	Active	NO
5	U85195GJ2008PTC052594	DESAI METROPOLIS HEALTH SERVICES PRIVATE LIMITED	Additional director	13/05/2010	13/05/2010	14/09/2010	Active	NO
6	U85110DL2002PTC116372	SHARP SIGHT LASER CENTRE PRIVATE LIMITED	Director	30/09/2010	07/06/2010	10/03/2012	Active	NO
7	U85110TN2010PTC075352	MEDFORT HOSPITALS PRIVATE LIMITED	Director	28/09/2011	09/06/2010	-	Active	NO
8	U80101TN1995PTC092947	MAXIVISION LASER CENTRE PRIVATE LIMITED	Director	20/09/2011	14/07/2011	-	Active	NO
9	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Director	29/09/2014	03/12/2013	-	Active	NO

Name :

Mr. Mahesh Krishnamurthy

Designation :

Nominee director

Address :

India Value Fund Suite, F9C, Grand Hyatt Plaza, Santacruz (East), Mumbai – 400 055, Maharashtra, India

Date of Appointment :

03.12.2013

DIN No.:

02574801

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	U60210DL2006PTC182784	INNOVATIVE B2B LOGISTICS SOLUTIONS PRIVATE LIMITED	Director	30/03/2009	30/03/2009	-	Active	NO
2	U45201DL2007PTC202302	NOBLE TRADECON PRIVATE LIMITED	Director	30/09/2009	02/09/2009	02/04/2015	Active	NO
3	U74999DL2010PLC208219	B2B FORWARDING AGENT LIMITED	Director	14/09/2010	14/09/2010	-	Active	NO
4	U65910KA1996PLC077857	FUTURE FINANCIAL SERVICESS LIMITED	Director	14/09/2012	15/09/2010	-	Active	NO
5	U67120GJ1995PTC025373	DISHA MICROFIN PRIVATE LIMITED	Nominee director	25/10/2010	25/10/2010	02/09/2014	Active	NO
6	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Nominee director	03/12/2013	03/12/2013	-	Active	NO

Name :

Mr. Ramesh Verkot

Designation :

Additional Director

Address :

No.11, Vinayaka Verkot, 7^th Cross, 2^nd Main, Dinnur Main Road, R.T. Nagar, Post Dinnur, Bangalore – 560 032, Karnataka, India

Date of Appointment :

22.05.2015

DIN No.:

03594581

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	U33111TN1974PLC095942	KIRAN MEDICAL SYSTEMS LIMITED	Director	27/06/2012	05/08/2011	-	Amalgamated	NO
2	U33111TN1987PTC099296	IMAGING PRODUCTS (INDIA) PRIVATE LIMITED	Whole-time director	01/04/2013	26/03/2013	-	Active	NO
3	U33111TN2015PTC099559	KIRAN IMD MEDICAL EQUIPMENT PRIVATE LIMITED	Director	09/03/2015	09/03/2015	-	Active	NO
4	U85110TN1998PTC040515	TRIVITRON HEALTHCARE PRIVATE LIMITED	Additional director	22/05/2015	22/05/2015	-	Active	NO

Name :

Vincent Ronald Miranda

Designation :

Additional Director

Address :

#15, IV Street, Abhiramapuram, Chennai – 600 018, Tamilnadu, India

Date of Appointment :

23.01.2015

DIN No.:

07091824

KEY EXECUTIVES

Name :	Mr. Anil Kumar Ganga
Designation :	Secretary
Address :	Erusappa Street, Lakshmi Puram, Thiruvanmiyur, Chennai – 600 041, Tamilnadu, India
Date of Appointment :	17.07.2014
PAN No.:	AOVPG1325H

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 29.09.2014

Names of Shareholders (Equity Shares)	No. of Shares
G.S.K. Velu	701260
Subha K. Velu	150
Sameer D. Saral	150
FIL Capital Advisors Trustee Company Private Limited, India	1866
FIL Capital Management (Mauritius) Limited, Mauritius	267505
IVF Trustee Company Private Limited, India	193309
Total	1164240

Names of Shareholders (Preference Shares)	No. of Shares
G.S.K. Velu	847962
FIL Capital Advisors Trustee Company Private Limited, India	1616
FIL Capital Management (Mauritius) Limited, Mauritius	231660
IVF Trustee Company Private Limited, India	307335
Total	1388573

AS ON 29.09.2014

Equity Share Breakup	Percentage of Holding
Category
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]	22.98
Bodies corporate	16.76
Directors or relatives of directors	60.26
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturing and Trading of Healthcare Equipment.
Products/ Services :	Diagnostic Products Medical Imaging Systems Medical Instruments Medical Devices Surgical Products Operation Theatre Equipment Consultancy Services in the same field
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Available
Imports :	Not Available
Terms :
Selling :	Not Available
Purchasing :	Not Available

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :

Not Available

Name of the Person :

Not Available

Contact No.:

Not Available

Since How Long Known :

Not Available

Maximum Limit Dealt :

Not Available

Experience :

Payment Behaviour	Market Goodwill	Overall
Not Available	Not Available	Not Available

Remark:

Not Available

Customers :

Reference :

Not Available

Name of the Person :

Not Available

Contact No.:

Not Available

Since How Long Known :

Not Available

Maximum Limit Dealt :

Not Available

Experience :

Product Quality	Delivery Behaviour	Overall
Not Available	Not Available	Not Available

Remark:

Not Available

No. of Employees :

Not Available

Bankers :

Banker Name	HDFC Bank Limited
Branch Address	No.759, ITC Centre, Anna Salai, Opposite T.V.S., Chennai – 600 002, Tamilnadu, 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)	Not Available
Average Balance Maintained (If Possible)	Not Available
Credit Facilities Enjoyed (If any)	Not Available
Account Operation	Not Available
Remarks (If any)	Not Available

• Axis Bank Limited, Corporate Banking Branch, Ground Floor, Karumuthu Nilayam, 192, Anna Salai, Chennai – 600 002,Tamilnadu, India
• HDFC Bank Limited, HDFC Bank House Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013, Maharashtra, India
• Standard Chartered Bank, 19, Rajaji Salai, Chennai – 600 001,Tamilnadu, India

Facilities :

Secured Loans	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
LONG-TERM BORROWINGS
Rupee term loans from banks	69.500	13.109
Rupee term loans from others	3.169	5.226
SHORT-TERM BORROWINGS
Rupee term loans from banks	198.500	6.449
Working capital loans from banks	35.000	35.000
Loans repayable on demand from banks	299.218	449.079
Total	605.387	508.863

Banking Relations :	--
Statutory Auditors :
Name :	B.S.R. and Co. LLP Chartered Accountants
Address :	KPMG House, No.10 Mahatma Gandhi Road, Nungambakkam, Chennai – 600 034, Tamilnadu, India
Income-tax PAN of auditor or auditor's firm :	AAIFB4734C
Internal Auditors :
Name :	Grant Thornton India LLP Chartered Accountants
Address :	Arihant Nitco Park, 6^th Floor, No.90, Dr. Radhakrishnan Salai, Mylapore, Chennai – 600 004, Tamilnadu, India
Memberships :	Not Available
Collaborators :	Not Available
Subsidiary Companies :	Trivitron Dental Technologies Private Limited, India (CIN No.: U29297TN2001PTC047581) Star Trivitron FZ LLC Dubai, Saudi Arabia ET Trivitron Medical Solutions Private Limited, India (CIN No.: U85195TN2008PTC068998) Vision Medicaid Equipments Private Limited, India (CIN No.: U33112PN2005PTC021225) Imaging Products (India) Private Limited, India (CIN No.: U33111MH1987PTC044132) Kiran Medical Systems Limited, India (CIN No.: U33111TN1974PLC095942) Trivitron Medical Technologies Private Limited, India (CIN No.: U74140TN1999PTC043339) Trivitron Medical Systems Private Limited, India (CIN No.: U33112TN1997PTC037396) Lab Systems Diagnostics OY, Finland
Jointly Controlled Entities :	Aloka Trivitron Medical Technologies Private Limited, India (CIN No.: U33111TN2007PTC064858) Biosystems Diagnostics Private Limited, India (CIN No.: U29297TN2003PTC051492) DiaSorin Trivitron Healthcare Private Limited, India (CIN No.: U85100TN2012FTC086681) Alliance Medicorp (India) Limited, India (CIN No.: U85110TN2008PLC068161)
Associates :	Alliance Medicorp (India) Limited, India (CIN No.: U85110TN2008PLC068161) Alliance Dental Care Limited, India (CIN No.: U85120TN2002PLC049414) Apollo Dialysis Private Limited, India (CIN No.: U85100TN2014PTC095571) Trivitron Nawakrama Medical Technologies Private Limited, Sri Lanka

CAPITAL STRUCTURE

AFTER 29.09.2014

Authorised Capital : Rs.71.000 million

Issued, Subscribed & Paid-up Capital : Rs.25.528 million

AS ON 29.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
2500000	Equity Shares	Rs.10/- each	Rs.25.000 million
3000000	Preference Shares	Rs.10/- each	Rs.30.000 million
	Total		Rs.55.000 million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1164240	Equity Shares	Rs.10/- each	Rs.11.642 million
1388573	Preference Shares	Rs.10/- each	Rs.13.886 million
	Total		Rs.25.528 million

FINANCIAL DATA

[all figures are in Rupees Million]

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	25.528	9.131	8.104
(b) Reserves & Surplus	2414.538	1525.492	586.889
(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)	2440.066	1534.623	594.993
(3) Non-Current Liabilities
(a) Long-term borrowings	72.669	18.335	29.205
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	40.904	0.000
(d) Long-term provisions	6.632	2.058	0.706
Total Non-current Liabilities (3)	79.301	61.297	29.911
(4) Current Liabilities
(a) Short term borrowings	532.718	490.528	513.919
(b) Trade payables	424.672	373.400	700.118
(c) Other current liabilities	228.761	227.906	124.176
(d) Short-term provisions	46.215	22.478	17.869
Total Current Liabilities (4)	1232.366	1114.312	1356.082
TOTAL	3751.733	2710.232	1980.986
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	133.431	105.366	108.122
(ii) Intangible Assets	15.000	4.816	6.590
(iii) Capital work-in-progress	17.573	1.220	0.000
(iv) Intangible assets under development or work-in-progress	16.769	13.801	0.000
(b) Non-current Investments	1758.112	1033.801	480.798
(c) Deferred tax assets (net)	28.334	12.024	5.866
(d) Long-term Loan and Advances	654.174	547.394	80.679
(e) Other Non-current assets	43.118	0.853	5.593
Total Non-Current Assets	2666.511	1719.275	687.648
(2) Current assets
(a) Current investments	100.586	36.675	0.000
(b) Inventories	265.781	315.851	576.052
(c) Trade receivables	508.990	439.081	543.319
(d) Cash and cash equivalents	37.675	61.017	94.402
(e) Short-term loans and advances	170.418	135.540	76.579
(f) Other current assets	1.772	2.793	2.986
Total Current Assets	1085.222	990.957	1293.338
TOTAL	3751.733	2710.232	1980.986

PROFIT & LOSS ACCOUNT

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
SALES
	Income	1515.937	1596.503	2030.035
	Other Income
	TOTAL	1515.937	1596.503	2030.035
EXPENSES
	TOTAL	1399.266 (Including financial, depreciation and provision for diminution)	1485.290	1870.838
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION			111.213	159.197
INTEREST & FINANCIAL EXPENSES			89.682	79.171
PROFIT/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION			21.531	80.026
DEPRECIATION/ AMORTISATION			18.126	18.845
PROVISION FOR DIMINUTION IN VALUE OF INVESTMENTS			0.000	4.886
PROFIT/ (LOSS) BEFORE TAX		22.343	3.405	56.295
TAX		(0.438)	(5.484)	19.061
PROFIT/ (LOSS) AFTER TAX		22.781	8.889	37.234
EARNINGS IN FOREIGN CURRENCY		155.258	72.737	8.017
Earnings/ (Loss) Per Share (Rs.)		8.92	3.48	14.59

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current maturities of long-term debt	2.845	9.982	21.874
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT/Total Income)	(%)	1.50	0.56	1.83
Operating Profit Margin (PBIDT/Total Income)	(%)	NA	6.97	7.84
Return on Total Assets (PBT/Total Assets}	(%)	1.16	0.21	3.77
Return on Investment (ROI) (PBT/Networth)		0.01	0.00	0.09
Debt Equity Ratio (Total Debt /Networth)		0.25	0.34	0.95
Current Ratio (Current Asset/Current Liability)		0.88	0.89	0.95

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	8.104	9.131	25.528
Reserves & Surplus	586.889	1525.492	2414.538
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	594.993	1534.623	2440.066
Long-term borrowings	29.205	18.335	72.669
Short term borrowings	513.919	490.528	532.718
Current maturities of long-term debts	21.874	9.982	2.845
Total borrowings	564.998	518.845	608.232
Debt/Equity ratio	0.950	0.338	0.249

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Total Income	2030.035	1596.503	1515.937
		(21.356)	(5.046)

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Total Income	2030.035	1596.503	1515.937
Profit	37.234	8.889	22.781
	1.83%	0.56%	1.50%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity-Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	No
8	Designation of contact person	No
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	Yes
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	Yes
22	Conduct of the banking account	--
23	Financials, if provided	Yes
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	Yes
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	Yes
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES:

S. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10542713	17/05/2014	85,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	C40298630
2	10509162	13/03/2014	492,500,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	C11406881
3	10471578	13/12/2013	398,000,000.00	AXIS BANK LIMITED	CORPORATE BANKING BRANCH, GROUND FLOOR, KARUMUTHU  NILAYAM, 192, ANNA SALAI, CHENNAI – 600 002, TAMILNADU, INDIA	B94011376
4	10338778	31/01/2012	9,310,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	B33518341
5	10292452	16/05/2011	90,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	B15085392
6	10242945	20/09/2010	65,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	A96083621
7	10245759	15/09/2010	40,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	A97326763
8	10235983	07/08/2010	15,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	A93273837
9	10223639	07/05/2010	35,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	A87637419
10	10223888	07/05/2010	65,000,000.00	HDFC BANK LIMITED	HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI – 400 013, MAHARASHTRA, INDIA	A87701678

FIXED ASSETS:

Tangible Assets

· Land

· Buildings

· Plant and Equipments

· Furniture and Fixtures

· Vehicles

· Computer Equipments

· Office Equipments

· Leasehold Improvements

Intangible Assets

· Computer Software

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.63.37
UK Pound	1	Rs.98.86
Euro	1	Rs.69.97

INFORMATION DETAILS

Analysis Done by :	TRI
Report Prepared by :	SMN

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	5
--RESERVES	1~10	5
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		45

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.