MIRA INFORM REPORT

 

 

Report No. :

325566

Report Date :

04.06.2015

 

IDENTIFICATION DETAILS

 

Name :

BAJAJ FINANCE LIMITED

 

 

Registered Office :

Akurdi Pune, Pune – 411035, Maharashtra

Tel. No.:

91-20-50405700

 

 

Country :

India

 

 

Financials (as on) :

31.03.2015

 

 

Date of Incorporation :

25.03.1987

 

 

Com. Reg. No.:

11-042961

 

 

Capital Investment / Paid-up Capital :

Rs.500.000 Million

 

 

CIN No.:

[Company Identification No.]

L65910MH1987PLC042961

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

PNEB00001B

 

 

PAN No.:

[Permanent Account No.]

AABCB1518L

 

 

Legal Form :

A Public Limited Liability Company.  The Company’s Shares are Listed on the Stock Exchanges.

 

 

Line of Business :

The Company is engaged primarily in the business of financing.

 

 

No. of Employees :

3975 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A (61)

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established company having fine track record.

 

Subject was incorporated in 1987 and is a subsidiary of BAJAJ FINSERV LIMITED, the financial service arm of BAJAJ GROUP.

 

Fundamentals of the company are decent. Financial position of the company is strong and healthy.

 

Trade relations are reported to be fair. Business is active. Payment terms are reported to be regular and as per commitment.

 

In the view of strong support from group, the company can be considered normal for business dealing 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.

 

 

 

 

 

 

EXTERNAL AGENCY RATING

 

Rating Agency Name

CRISIL

Rating

Long term rating=AA+

Rating Explanation

High degree of safety and very low credit risk.

Date

24.04.2015

 

 

Rating Agency Name

CRISIL

Rating

Short term rating=A1+

Rating Explanation

Very strong degree of safety and carry lowest credit risk.

Date

24.04.2015

 

 

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.

 

 

INFORMATION DENIED

 

Management Non Co-operative (91-20-30405060)

 

 

LOCATIONS

 

Registered Office :

Akurdi Pune, Pune – 411035, Maharashtra, India 

Tel. No.:

91-20-50405700

Fax No.:

Not Available

E-Mail :

anant.damle@bajajfinserv.in

investor.service@bajajfinserv.in 

Website :

www.bajajfinserv.in/finance 

 

 

Corporate Office :

4th Floor, Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014, Maharashtra, India 

Tel. No.:

91-20-30405060

Fax No.:

91-20-30405020 / 30

 

 

 

 

DIRECTORS

 

AS ON 31.03.2014

 

Name :

Mr. Rahul Bajaj

Designation :

Chairman

 

Name :

Mr. Nanoo Pamnani

Designation :

Vice Chairman

 

Name :

Mr. Sanjiv Bajaj

Designation :

Vice Chairman

 

Name :

Mr. Madhur Bajaj

Designation :

Director

 

 

Name :

Mr. Rajiv Bajaj

Designation :

Director

 

Name :

Mr. D S Mehta

Designation :

Director

 

Name :

Mr. D J Balaji Rao

Designation :

Director

 

Name :

Mr. Omkar Goswami

Designation :

Director

 

 

Name :

Mr. Dipak Poddar

Designation :

Director

 

Name :

Mr. Ranjan Sanghi

Designation :

Director

 

Name :

Mr. Rajendra Lakhotia

Designation :

Director

 

Name :

Mrs. Gita Piramal

Designation :

Director (w.e.f. 27 March 2014)

 

 

KEY EXECUTIVES

 

Name :

Mr. Rajeev Jain

Designation :

Chief Executive Officer

 

 

Name :

Mr. Anant Damle

Designation :

Company Secretary

 

 

SHAREHOLDING PATTERN

 

AS ON 31.03.2015

 

Category of Shareholder

No. of Shares

Percentage of Holding

(A) Shareholding of Promoter and Promoter Group

 

 

http://www.bseindia.com/images/clear.gif(1) Indian

 

 

Bodies Corporate

30856707

61.53

http://www.bseindia.com/include/images/clear.gifAny Others (Specify)

37200

0.07

http://www.bseindia.com/include/images/clear.gifDirectors of Promoters Companies

37200

0.07

http://www.bseindia.com/include/images/clear.gifSub Total

30893907

61.61

http://www.bseindia.com/include/images/clear.gif(2) Foreign

 

 

Total shareholding of Promoter and Promoter Group (A)

30893907

61.61

(B) Public Shareholding

 

 

http://www.bseindia.com/include/images/clear.gif(1) Institutions

 

 

http://www.bseindia.com/include/images/clear.gifMutual Funds / UTI

2805471

5.59

http://www.bseindia.com/include/images/clear.gifFinancial Institutions / Banks

18463

0.04

http://www.bseindia.com/include/images/clear.gifForeign Institutional Investors

6796030

13.55

http://www.bseindia.com/include/images/clear.gifSub Total

9619964

19.18

http://www.bseindia.com/include/images/clear.gif(2) Non-Institutions

 

 

http://www.bseindia.com/include/images/clear.gifBodies Corporate

3384931

6.75

http://www.bseindia.com/include/images/clear.gifIndividuals

 

 

http://www.bseindia.com/include/images/clear.gifIndividual shareholders holding nominal share capital up to Rs.0.100 Million

3963546

7.90

http://www.bseindia.com/include/images/clear.gifIndividual shareholders holding nominal share capital in excess of Rs.0.100 Million

1659200

3.31

http://www.bseindia.com/include/images/clear.gifAny Others (Specify)

625711

1.25

http://www.bseindia.com/include/images/clear.gifDirectors & their Relatives & Friends

99754

0.20

http://www.bseindia.com/include/images/clear.gifNon-Resident Indians

459843

0.92

http://www.bseindia.com/include/images/clear.gifTrusts

40513

0.08

http://www.bseindia.com/include/images/clear.gifClearing Members

25601

0.05

http://www.bseindia.com/include/images/clear.gifSub Total

9633388

19.21

Total Public shareholding (B)

19253352

38.39

Total (A)+(B)

50147259

100.00

(C) Shares held by Custodians and against which Depository Receipts have been issued

0

0.00

http://www.bseindia.com/include/images/clear.gif(1) Promoter and Promoter Group

0

0.00

http://www.bseindia.com/include/images/clear.gif(2) Public

0

0.00

http://www.bseindia.com/include/images/clear.gifSub Total

0

0.00

Total (A)+(B)+(C)

50147259

0.00

 

 

Shareholding of securities (including shares, warrants, convertible securities) of persons belonging to the category Promoter and Promoter Group

 

Category of Shareholder

No. of Shares

Percentage of Holding

Bajaj Finserv Limited

3,08,56,613

61.53

Jamnalal Sons Private Limited

94

0.00

Rahulkumar Bajaj

18,600

0.04

Madhur Bajaj

18,600

0.04

Total

3,08,93,907

61.61


Shareholding of securities (including shares, warrants, convertible securities) of persons belonging to the category Public and holding more than 1% of the total number of shares

 

Category of Shareholder

No. of Shares

Percentage of Holding

Maharashtra Scooters Limited

1897466

3.78

HDFC Trustee Company Ltd - A/c HDFC Mid- Capopportunites Fund

632023

1.26

Acacia Partners LP

608000

1.21

Pinebridge Investments Asia Limited A/c PinebridgeInvestments GF Mauritius Limited

553414

1.10

Total

3690903

7.36

 

 

BUSINESS DETAILS

 

Line of Business :

The Company is engaged primarily in the business of financing.

 

 

Brand Names :

Not Divulged

 

 

Agencies Held :

Not Divulged

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

PRODUCTION STATUS – NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Company Name :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark :

Not Divulged

 

 

Customers :

Company Name :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark :

Not Divulged

 

 

No. of Employees :

3975 (Approximately)

 

 

Bankers :

Banker Name :

Central Bank of India

Branch :

Not Divulged

Person Name (With Designation) :

Not Divulged

Contact Number :

Not Divulged

Name of Account Holder :

Not Divulged

Account Number :

Not Divulged

Account Since (Date/Year of Account Opening) :

Not Divulged

Average Balance Maintained :

Not Divulged

Credit Facilities Enjoyed (CC/OD/Term Loan) :

Not Divulged

Account Operation :

Not Divulged

Remark :

Not Divulged

 

·         State Bank of India

·         IDBI Bank Limited

·         Syndicate Bank

·         Bank of India

 

 

Facilities :

SECURED LOANS

31.03.2015

Rs. In Million

31.03.2014

Rs. In Million

Long Term Borrowings

 

 

Privately placed redeemable non-convertible debentures secured by pari passu charge by mortgage of Company‘s Flat No. 103, Nayan Co-operative Hsg Society, CTS 2718, Plot No. 11, ICS Colony, Shivaji Nagar, Pune – 411016 and/or Company‘s office at Unit No. 806 admeasuring 2280 sq. ft. 8th Floor, Block A of Wing Delta, Raheja Towers, Anna Salai, Mount Road, Chennai – 600002 and book debts/loan receivables under financing activity as stated in the respective information memorandum.

37623.000

From Banks, against hypothecation of assets under finance, book debts and other receivables

 

58166.700

 

 

 

Short Term Borrowings

 

 

From Banks, against hypothecation of assets under finance, book debts and other receivables:

 

 

– Cash credit and demand loans

 

16746.500

– Overdraft facility

 

0.000

– Other short-term loans

 

12000.000

 

 

 

Total

NA

124536.200

 

 

 

Auditors :

 

Name :

Dalal and Shah

Chartered Accountants

 

Collaborators :

Not Divulged

 

 

Membership :

Not Divulged

 

 

Holding company :

Bajaj Finserv Limited

 

Fellow subsidiary :

·         Bajaj Allianz Life Insurance Company Limited

·         Bajaj Allianz General Insurance Company Limited

·         Bajaj Financial Solutions Limited

·         Bajaj Financial Securities Limited

 

 

CAPITAL STRUCTURE

 

AS ON 31.03.2015

 

Authorised Capital : Not Divulged

 

Issued, Subscribed & Paid-up Capital : Rs.500.000 Million

 

 

AS ON 31.03.2014

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

75000000

Equity Shares

Rs.10/- each

Rs.750.000 Millions

 

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

50142334

Equity Shares

Rs.10/- each

Rs.501.400 Millions

 

Less: 393,581 equity shares of H 10 each held in a Trust for employees under ESOP Scheme

 

Rs.3.900 Millions

 

 

 

 

 

Total

 

Rs.497.500 Millions

 

 

a)     Reconciliation of the shares outstanding at the beginning and at the end of the year

 

Equity Shares

Number of Shares

Rs. In Millions

At the beginning of the year (subscribed and paid up)

49778334

497.800

Add: Issued during the year - Employee Stock Option Plan

364000

3.600

Add: Allotment on conversion of preferential warrants

--

--

Add: Issue of shares on rights basis

--

--

 

50142334

501.400

Less: Equity shares held in trust for employees under ESOP scheme (See foot note ‘e’ below)

393581

3.900

Outstanding at the end of the year

49748753

497.500

 

 

b)    Terms/rights attached to equity shares

 

The Company has only one class of equity shares having a par value of H 10 per share. Each holder of equity shares is entitled to one vote per share. The dividend proposed by the Board of Directors and approved by the shareholders in the Annual General Meeting is paid in Indian Rupees. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders. Equity shares allotted on conversion of preferential warrants, i.e. 4,690,000 and 1,310,000 equity shares are restricted from transfer other than inter se promoter group upto 28 March 2015 and 10 December 2015 respectively.

 

 

c)     Shares held by holding company (Face value Rs.10)

 

Particulars

Number of Shares

Rs. In Millions

Bajaj Finserv Limited

30856613

308.600

 

 

d)    Details of shareholders holding more than 5% shares in the Company

 

Name of Shareholder

Number of Shares

% holding

Equity shares of Rs.10 each fully paid

 

 

Bajaj Finserv Limited

30856613

61.54%

 

 

e)     Shares reserved for issue under Employee Stock Option Plan:

 

1,829,803 Equity Shares (i.e. 5% of the then paid up equity share capital) have been approved/reserved for issue under Employee Stock Option Plan, 2009 of the Company drawn in accordance with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 (SEBI guidelines), of which 1,609,080 (upto 31 March 2013: 1,194,450) equity shares have been granted as per the scheme and 787,000 (upto 31 March 2013: 423,000) thereof have been issued and alloted to ESOP trust, viz. BFL Employee Welfare Trust, upto 31 March 2014. Consequent to the opinion expressed by the “Expert Advisory Committee” of the Institute of Chartered Accountants of India on the applicability of clause 22A.1 of the SEBI guidelines, the balance unexercised equity shares held by the trust at the close of the year amounting to 393,581 (as at 31 March 2013: 237,957) have been reduced against the share capital of the Company as if the trust is administered by the Company itself. The securities premium related to the unexercised equity shares held by the trust as at the close of the year aggregating Rs.290,098,680 (as at 31 March 2013: Rs.148,153,326) has also been reduced from securities premium account and adjusted against the Loans outstanding from the Trust.

 

 

FINANCIAL DATA

[all figures are in Rupees Million]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2015

31.03.2014

31.03.2013

I.              EQUITY AND LIABILITIES

 

 

 

(1)Shareholders' Funds

 

 

 

(a) Share Capital

500.000

497.500

495.400

(b) Reserves & Surplus

47497.000

39411.100

33024.400

(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)

47997.000

39908.600

33519.800

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

182736.200

104777.600

75030.800

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

1357.700

573.500

419.900

(d) long-term provisions

1520.800

1104.700

646.100

Total Non-current Liabilities (3)

185614.700

106455.800

76096.800

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

43139.000

54727.800

20801.400

(b) Trade payables

2690.000

1959.200

1747.800

(c) Other current liabilities

46999.000

41868.500

44968.100

(d) Short-term provisions

1672.300

1260.100

928.800

Total Current Liabilities (4)

94500.300

99815.600

68446.100

 

 

 

 

TOTAL

328112.000

246180.000

178062.700

 

 

 

 

II.            ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

2491.800

1968.400

1644.300

(ii) Intangible Assets

0.000

230.300

117.800

(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

1750.900

0.000

52.600

(c) Deferred tax assets (net)

2122.800

1391.600

903.700

(d)  Long-term Loan and Advances

181196.700

1124.400

728.000

(e) Other Non-current assets

886.000

138524.200

95481.900

Total Non-Current Assets

188448.200

143238.900

98928.300

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

1572.000

282.100

0.000

(b) Inventories

0.000

0.000

0.000

(c) Trade receivables

130797.800

91185.300

71954.500

(d) Cash and cash equivalents

2196.600

7768.100

4163.700

(e) Short-term loans and advances

3439.000

2918.400

2334.200

(f) Other current assets

1658.400

787.200

682.000

Total Current Assets

139663.800

102941.100

79134.400

 

 

 

 

TOTAL

328112.000

246180.000

178062.700

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2015

 

31.03.2014

31.03.2013

 

SALES

 

 

 

 

 

Income

53818.000

40314.200

30920.100

 

 

Other Income

364.300

419.100

176.500

 

 

TOTAL                                                (A)

54182.300

40733.300

31096.600

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Employees benefits expense

4507.300

3408.100

2451.500

 

 

Loan losses and provisions

3845.600

2578.100

1817.500

 

 

Other expenses

9421.000

7811.200

5859.200

 

 

TOTAL                                                (B)

17773.900

13797.400

10128.200

 

 

 

 

 

 

PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B)     (C)

36408.400

26935.900

20968.400

 

 

 

 

 

Less

FINANCIAL EXPENSES                                    (D)

22483.000

15732.400

12056.800

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)                                       (E)

13925.400

11203.500

8911.600

 

 

 

 

 

Less

DEPRECIATION/ AMORTISATION                     (F)

356.000

291.900

195.600

 

 

 

 

 

 

PROFIT BEFORE TAX (E-F)                              (G)

13569.400

10911.600

8716.000

 

 

 

 

 

Less

TAX                                                                  (H)

4590.700

3721.500

2802.900

 

 

 

 

 

 

PROFIT AFTER TAX (G-H)                                (I)

8978.700

7190.100

5913.100

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

11719.100

7643.600

4413.100

 

 

 

 

 

Less

APPROPRIATIONS

 

 

 

 

 

Transfer to reserve fund in terms of section 45IC(1) of the Reserve Bank of India Act, 1934

NA

1440.000

1190.000

 

 

Transfer to general reserve

NA

720.000

600.000

 

 

Transfer to infrastructure reserve in terms of section 36 (1) (viii) of the Income Tax Act, 1961

NA

16.000

19.000

 

 

Proposed dividend

NA

802.300

746.700

 

 

Provision for dividend tax on dividend

NA

136.300

126.900

 

BALANCE CARRIED TO THE B/S

NA

11719.100

7643.600

 

 

 

 

 

 

Earnings Per Share (Rs.)

 

 

 

 

Basic

179.94

144.79

135.88

 

Diluted

177.70

143.65

134.56

 

 

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

 

Particulars

 

31.03.2015

31.03.2014

31.03.2013

Current Maturities of Long term debt

 

 

 

Secured Loans

NA

34413.300

31850.000

Unsecured Loans

NA

3577.200

3650.100

Total

NA

37990.500

35500.100

 

 

 

 

Net Cash generated from operations

NA

(60865.700)

(32508.700)

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2015

31.03.2014

31.03.2013

Net Profit Margin

PAT / Sales

(%)

16.68

17.84

19.12

 

 

 

 

 

Operating Profit Margin

(PBDIT/Sales)

(%)

67.65

66.81

67.81

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets)

(%)

4.19

4.46

4.92

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.28

0.27

0.26

 

 

 

 

 

Debt Equity Ratio

(Total Debt /Networth)

 

4.71

4.95

3.92

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

1.48

1.03

1.16

 

 

STOCK PRICES

 

Face Value

Rs.10

Market Value

Rs.4208

 

 

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

 

DEBT EQUITY RATIO

 

Particular

31.03.2013

31.03.2014

31.03.2015

 

Rs. In Million

Rs. In Million

Rs. In Million

Share Capital

495.400

497.500

500.000

Reserves & Surplus

33024.400

39411.100

47497.000

Net worth

33519.800

39908.600

47997.000

 

 

 

 

long-term borrowings

75030.800

104777.600

182736.200

Short term borrowings

20801.400

54727.800

43139.000

Total borrowings

95832.200

159505.400

225875.200

Debt/Equity ratio

2.859

3.997

4.706

 

 

 

 

 

 

YEAR-ON-YEAR GROWTH

 

Year on Year Growth

31.03.2013

31.03.2014

31.03.2015

 

Rs. In Million

Rs. In Million

Rs. In Million

Sales

30920.100

40314.200

53818.000

 

 

30.382

33.496

 

 

 

 

NET PROFIT MARGIN

 

Net Profit Margin

31.03.2013

31.03.2014

31.03.2015

 

Rs. In Million

Rs. In Million

Rs. In Million

Sales

30920.100

40314.200

53818.000

Profit

5913.100

7190.100

8978.700

 

19.12%

17.84%

16.68%

 

 

 

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

No

11

Pan Card No. of Proprietor / Partners

No

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

Yes

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

 

 

UNSECURED LOAN:

 

Particulars

31.03.2015

Rs. In Million

31.03.2014

Rs. In Million

Long Term Borrowings

 

 

Privately placed redeemable non-convertible debentures

0.000

Privately placed Subordinated (Tier II) redeemable non-convertible debentures of Rs.0.100.000 Millions each

 

5358.000

Term loans from banks

 

2000.000

Fixed deposits

 

1629.900

 

 

 

Short Term Borrowings

 

 

– Overdraft facility

 

158.800

– Term loans

 

0.000

Borrowings by issue of Commercial Papers

 

25822.500

 

 

 

Total

NA

34969.200

 

 

INDEX OF CHARGE:

 

Sr. No.

Charge ID

Date of Charge Creation/Modification

Charge amount secured

Charge Holder

Address

Service Request Number (SRN)

1

10494385

25/04/2014

3,310,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 & 95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARASHTRA - 411038, INDIA

C04175105

2

10494370

15/04/2014

1,290,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 & 95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARASHTRA - 411038, INDIA

C04163416

3

10494365

11/04/2014

1,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 & 95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARASHTRA - 411038, INDIA

C04162350

4

10490756

28/03/2014

2,000,000,000.00

SYNDICATE BANK

202, GAWADE ESTATE,, MUMBAI PUNE ROAD, CHINCHWAD,
PUNE, MAHARASHTRA - 411019, INDIA

C03935657

5

10494746

28/03/2014

3,000,000,000.00

AXIS BANK LIMITED

CORPORATE BANKING BRANCH, 214-215, CITY MALL,, NEAR PUNE UNIVERSITY, GANESHKHIND ROAD, PUNE, MAHARASHTRA - 411007, INDIA

C04551958

6

10491022

27/03/2014

1,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 & 95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARASHTRA - 411038, INDIA

C03282183

7

10495493

21/03/2014

5,000,000,000.00

STATE BANK OF INDIA

INDUSTRIAL FINANCE BRANCH, 'THE ARCADE', 2ND FLOOR, WORLD TRADE CENTRE, CUFFE PARADE, COLABA, MUMBAI, MAHARASHTRA - 400005, INDIA

C04717203

8

10496354

21/03/2014

6,000,000,000.00

PUNJAB NATIONAL BANK

LARGE CORPORATE BRANCH, GROUND FLOOR, MAKER TOWER
S 'E', CUFFE PARADE, MUMBAI, MAHARASHTA - 400005, INDIA

C05010632

9

10494242

20/03/2014

500,000,000.00

THE FEDERAL BANK LTD

FORT BRANCH, 32,, BOMBAY SAMACHAR MARG FORT,, MUM
BAI, MAHARASHTRA - 400001, INDIA

C04168043

10

10490971

20/03/2014

1,500,000,000.00

ORIENTAL BANK OF COMMERCE LIMITED

OBC TOWER, 917 - 20/20A, FERGUSSON COLLEGE ROAD,
PUNE, MAHARASHTRA - 411004, INDIA

C03985827

11

10485406

19/03/2014

1,108,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

C00605709

12

10483329

12/03/2014

4,345,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B98618184

13

10483313

11/03/2014

1,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B98617319

14

10481664

28/02/2014

2,186,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B97984868

15

10480797

13/02/2014

1,800,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B97633986

16

10476159

30/01/2014

3,500,000,000.00

CORPORATION BANK

ADITI COMMERCE CENTRE, H- 2406 GEN. THIMAYYA RD,
EAST STREET, CAMP, PUNE, MAHARASHTRA - 411001, INDIA

B95722880

17

10478224

30/01/2014

5,000,000,000.00

BANK OF INDIA

SUSHILP, 1290, SHIVAJINAGAR, OPP. HOTEL SWAN INN,,
OFF JANGLI MAHARAJ ROAD, PUNE, MAHARASHTRA - 411005, INDIA

B96656236

18

10479646

28/01/2014

500,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B97145635

19

10479644

21/01/2014

1,250,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B97144687

20

10476442

09/01/2014

2,705,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B95453213

21

10477058

31/12/2013

2,500,000,000.00

HDFC BANK LIMITED

HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA

B96137104

22

10471580

27/12/2013

1,000,000,000.00

ALLAHABAD BANK

INTERNATIONAL BRANCH, OFFICE NO - 4,GROUND FLOOR,,
MITTAL CHAMBERS , PLOT NO 228, NARIMAN POINT, MUMBAI, MAHARASHTRA - 400005, INDIA

B94011749

23

10471581

27/12/2013

5,000,000,000.00

CENTRAL BANK OF INDIA

CORPORATE FINANCE BRANCH, MMO BUILDING, 1ST FLOOR,
 M G ROAD, MUMBAI, MAHARASHTRA - 400023, INDIA

B94012085

24

10464118

03/12/2013

2,000,000,000.00

ORIENTAL BANK OF COMMERCE

OBC TOWER, 917 - 20/20A, FERGUSSON COLLEGEROAD, PUNE, MAHARASHTRA - 411004, INDIA

B91091298

25

10464412

03/12/2013

2,000,000,000.00

BANK OF MAHARASHTRA

INDUSTRIAL FINANCE BRANCH, APEEJAY HOUSE, 130,, D R. V.B. GANDHI MARG, FORT,, MUMBAI, MAHARASHTRA - 400001, INDIA

B91218776

26

10467882

03/12/2013

3,000,000,000.00

UCO BANK

FLAGSHIP CORPORATE BRANCH, 1ST FLOOR, MAFATLAL CENTRE, NARIMAN POINT, MUMBAI, MAHARASHTRA - 400021, INDIA

B92632595

27

10460927

20/11/2013

5,000,000,000.00

UNION BANK OF INDIA

INDUSTRIAL FINANCE BRANCH, 619 SACHAPIR STREET, CAMP, PUNE, MAHARASHTRA - 411001, INDIA

B89812952

28

10468512

20/11/2013

6,000,000,000.00

STATE BANK OF INDIA

INDUSTRIAL FINANCE BRANCH, "THE ARCADE" 2ND FLOOR,
WORLD TRADE CENTRE, CUFFE PARADE ROAD, COLABA, MUMBAI, MAHARASHTRA - 400005, INDIA

B92852086

29

10469066

16/10/2013

3,600,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B89092449

30

10453215

07/01/2014 *

2,000,000,000.00

BANK OF INDIA

SUSHILP, 1290, SHIVAJINAGAR, OPP. HOTEL SWAN INN,,
OFF JANGLI MAHARAJ ROAD, PUNE, MAHARASHTRA - 411
005, INDIA

B95452637

31

10452573

26/09/2013

4,000,000,000.00

BANK OF BARODA

CORPORATE FINANCIAL SERVICES BRANCH, FORT, 4TH FL
OOR, 10/12, MUMBAI SAMACHAR MARG, FORT, MUMBAI, MA
HARASHTRA - 400001, INDIA

B86481587

32

10450702

02/09/2013

5,000,000,000.00

SYNDICATE BANK

CHINCHWAD BRANCH, 202, GAWADE ESTATE, MUMBAI - PUNE ROAD,CHINCHWAD, PUNE, MAHARASHTRA - 411019, INDIA

B85598332

33

10448568

26/08/2013

1,500,000,000.00

VIJAYA BANK

CORPORATE BKG BRANCH, PUNE, VINAYAK NIVAS, 3RD FL
OOR, 1206/A-32, SHIROLE ROAD, PUNE, MAHARASHTRA -
411004, INDIA

B84791870

34

10449242

26/08/2013

5,000,000,000.00

CANARA BANK

PRIME CORPORATE BRANCH, 11 M.G. ROAD, 1ST FLOOR,,
RED CROSS BUILDING, CAMP, PUNE, MAHARASHTRA - 411
001, INDIA

B85092799

35

10438508

27/06/2013

350,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B79877072

36

10439854

27/06/2013

500,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B79878435

37

10439463

27/06/2013

740,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B79881470

38

10439857

27/06/2013

1,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B79879896

39

10427172

02/05/2013

1,750,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B75354787

40

10426368

02/05/2013

5,000,000,000.00

CANARA BANK

PRIME CORPORATE BRANCH, 11 M.G. ROAD, 1ST FLOOR,,
RED CROSS BUILDING, CAMP, PUNE, MAHARASHTRA - 411001, INDIA

B75355206

41

10417171

11/03/2013

1,000,000,000.00

UNITED BANK OF INDIA

CORPORATE FINANCE BRANCH, 11, HEMANTA BASU SARANI
, KOLKATA, WEST BENGAL - 700001, INDIA

B72429798

42

10414569

06/02/2013

250,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B68897115

43

10414568

06/02/2013

2,700,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B68895416

44

10414572

06/02/2013

3,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B68898113

45

10395988

12/12/2012

1,250,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B64824444

46

10395986

12/12/2012

3,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B64823883

47

10393839

26/11/2012

1,000,000,000.00

STATE BANK OF HYDERABAD

CORPORATE FINANCE BRANCH, 11-C, MITTAL TOWER, 210,
NARIMAN POINT,, MUMBAI, MAHARASHTRA - 400021, INDIA

B64825094

48

10392292

26/11/2012

2,000,000,000.00

STATE BANK OF TRAVANCORE

DECCAN GYMKHANA BRANCH, 1248 A, FERGUSSON COLLEGE
ROAD, PUNE, MAHARASHTRA - 411004, INDIA

B64259625

49

10383921

11/10/2012

2,150,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B60704368

50

10377086

07/09/2012

3,000,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B57857179

51

10366456

28/06/2012

2,000,000,000.00

STATE BANK OF BIKANER & JAIPUR

CNW BRANCH, 239, P D MELLO ROAD, OPPOSITE GPO, FO
RT, MUMBAI, MAHARASHTRA - 400001, INDIA

B44144780

52

10359179

26/09/2013 *

3,000,000,000.00

SYNDICATE BANK

CHINCHWAD BRANCH, 202, GAWADE ESTATE, MUMBAI - P
UNE ROAD,CHINCHWAD, PUNE, MAHARASHTRA - 411019, INDIA

B85598894

53

10359164

29/05/2012

3,000,000,000.00

UCO BANK

FLAGSHIP CORPORATE BRANCH, 1ST FLOOR, MAFATLAL CE
NTRE, NARIMAN POINT, MUMBAI, MAHARASHTRA - 400021, INDIA

B41017583

54

10359413

29/05/2012

5,000,000,000.00

CENTRAL BANK OF INDIA

CORPORATE FINANCE BRANCH, MMO BUILDING, 1ST FLOOR,
, M G ROAD, MUMBAI, MAHARASHTRA - 400023, INDIA

B41125220

55

10358928

23/05/2012

550,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B40611808

56

10358927

23/05/2012

1,880,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B40610891

57

10356131

26/04/2012

5,000,000,000.00

UNION BANK OF INDIA

INDUSTRIAL FINANCE BRANCH, 619 SACHAPIR STREET, C
AMP, PUNE, MAHARASHTRA - 411001, INDIA

B39762539

58

10350328

16/04/2012

650,000,000.00

GDA TRUSTEESHIP LIMITED

SHRINIWAS 1202/29SHIWAJINAGAR, PUNE, MAHARASHTRA -
411004, INDIA

B37624400

59

10350327

16/04/2012

962,000,000.00

GDA TRUSTEESHIP LIMITED

SHRINIWAS 1202/29SHIWAJINAGAR, PUNE, MAHARASHTRA -
411004, INDIA

B37622180

60

10347913

20/03/2012

1,000,000,000.00

BANK OF MAHARASHTRA

INDUSTRIAL FINANCE BRANCH, APEEJAY HOUSE, 130,, D R. V.B. GANDHI MARG, FORT,, MUMBAI, MAHARASHTRA -
400001, INDIA

B37062502

61

10346152

20/03/2012

1,500,000,000.00

STATE BANK OF PATIALA

ATLANTA, 1ST FLOOR, JAMNALAL BAJAJ MARG, NARIMAN
POINT, MUMBAI, MAHARASHTRA - 400021, INDIA

B36523413

62

10343513

19/03/2012

857,000,000.00

GDA TRUSTEESHIP LIMITED

SHRINIWAS 1202/29SHIWAJINAGAR, PUNE, MAHARASHTRA -
411004, INDIA

B35100684

63

10340707

22/02/2012

1,000,000,000.00

STATE BANK OF TRAVANCORE

PUNE DECCAN GYMKHANA BRANCH, 1248 A, FERGUSSON CO
LLEGE ROAD, PUNE, MAHARASHTRA - 411004, INDIA

B34375477

64

10340572

22/02/2012

3,000,000,000.00

INDIAN BANK

MUMBAI FORT BRANCH, UNITED INDIA BUILDING, SIR P.
M. ROAD , FORT, MUMBAI, MAHARASHTRA - 400001, INDIA

B34320697

65

10336301

30/01/2012

3,000,000,000.00

DENA BANK

CORPORATE BUSINESS BRANCH, C-10, G- BLOCK,, BANDR
A KURLA COMPLEX, BANDRA EAST, MUMBAI, MAHARASHTRA
- 400051, INDIA

B32434144

66

10329065

27/12/2011

2,000,000,000.00

ALLAHABAD BANK

INTERNATIONAL BRANCH, ARCADE, TOWER -4,, 2ND FLOOR, WORLD TRADE CENTRE, CUFFE PARADE,, MUMBAI, MAHARASHTRA - 400005, INDIA

B29571965

67

10329851

22/12/2011

1,000,000,000.00

BANK OF MAHARASHTRA

INDUSTRIAL FINANCE BRANCH, APEEJAY HOUSE, 130,, D R. V.B. GANDHI MARG, FORT,, MUMBAI, MAHARASHTRA -
400001, INDIA

B29919008

68

10328851

22/12/2011

1,500,000,000.00

CORPORATION BANK

ADITI COMMERCE CENTRE, 2406 GEN THIMAYYA RD, EAST
STREET, CAMP, PUNE, MAHARASHTRA - 411001, INDIA

B29636065

69

10329309

22/12/2011

1,500,000,000.00

VIJAYA BANK

CORPORATE BKG BRANCH, PUNE, VINAYAK NIVAS, 3RD FL
OOR, 1206/A-32, SHIROLE ROAD, PUNE, MAHARASHTRA -
411004, INDIA

B29737749

70

10319737

23/11/2011

1,000,000,000.00

STATE BANK OF TRAVENCORE

PUNE DECCAN GYMKHANA BRANCH, 1248 A, FERGUSSON CO
LLEGE ROAD, PUNE, MAHARASHTRA - 411004, INDIA

B26112748

71

10316253

22/10/2011

2,000,000,000.00

STATE BANK OF BIKANER & JAIPUR

CNW BRANCH, 239, P D MELLO ROAD, OPPOSITE GPO, FORT, MUMBAI, MAHARASHTRA - 400001, INDIA

B24783227

72

10314529

15/10/2011

1,000,000,000.00

ALLAHABAD BANK

INTERNATIONAL BRANCH, ARCADE, TOWER -4,, 2ND FLOO
R, WORLD TRADE CENTRE, CUFFE PARADE,, MUMBAI, MAHARASHTRA - 400005, INDIA

B24067902

73

10307538

21/09/2011

1,500,000,000.00

STATE BANK OF MYSORE

224, MITTAL COURT 'C' WING,, NARIMAN POINT, MUMBAI, MAHARASHTRA - 400021, INDIA

B21119078

74

10308531

21/09/2011

2,000,000,000.00

ORIENTAL BANK OF COMMERCE

OBC TOWER, 917 - 20/20A, FERGUSSON COLLEGEROAD, P
U, MAHARASHTRA - 411004, INDIA

B21710926

75

10310565

21/09/2011

3,000,000,000.00

INDIAN BANK

MUMBAI FORT BRANCH, UNITED INDIA BUILDING, SIR P.
M. ROAD , FORT, MUMBAI, MAHARASHTRA - 400001, INDIA

B22701957

76

10304518

11/08/2011

3,000,000,000.00

UCO BANK

FLAGSHIP CORPORATE BRANCH, 1ST FLOOR, MAFATLAL CE
NTRE, NARIMAN POINT, MUMBAI, MAHARASHTRA - 400021, INDIA

B19750223

77

10281262

20/06/2011 *

2,500,000,000.00

CENTRAL BANK OF INDIA

CORPORATE FINANCE BRANCH,MMO BUILDING, 1ST FLOOR,,
M G ROAD, MUMBAI, MAHARASHTRA - 400023, INDIA

B18251637

78

10281260

28/03/2014 *

18,000,000,000.00

CENTRAL BANK OF INDIA

CORPORATE FINANCE BRANCH, MMO BUILDING, 1ST FLOOR,
, M G ROAD, MUMBAI, MAHARASHTRA - 400023, INDIA

C04638151

79

10254951

22/12/2010

250,000,000.00

GDA TRUSTEE AND CONSULTANCY LIMITED

SHRINIWAS 1202/29SHIWAJINAGAR, PUNE, MAHARASHTRA -
411004, INDIA

B01530179

80

10254947

22/12/2010

2,500,000,000.00

GDA TRUSTEE AND CONSULTANCY LIMITED

SHRINIWAS 1202/29SHIWAJINAGAR, PUNE, MAHARASHTRA -
411004, INDIA

B01528629

81

10245395

06/10/2010

500,000,000.00

GDA TRUSTEE AND CONSULTANCY LIMITED

SHRINIWAS 1202/29SHIWAJINAGAR, PUNE, MAHARASHTRA -
411004, INDIA

A96010483

82

10244413

07/01/2014 *

500,000,000.00

BANK OF INDIA

SUSHILP, 1290, SHIVAJINAGAR, OPP. HOTEL SWAN INN,,
OFF JANGLI MAHARAJ ROAD, PUNE, MAHARASHTRA - 411
005, INDIA

B94310166

83

10058658

21/02/2013 *

3,000,000.00

GDA TRUSTEESHIP LIMITED

GDA HOUSE, FIRST FLOOR, PLOT NO. 85, S. NO. 94 &
95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARAS
HTRA - 411038, INDIA

B68987734

 

*Date of modification Charges

 

 

FIXED ASSETS:

 

·         Plant and Machinery

·         Land freehold

·         Building

·         Computers

·         Office equipments

·         Furniture and fixtures

·         Vehicles

·         Specialised 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.63.85

UK Pound

1

Rs.98.12

Euro

1

Rs.71.28

 

 

INFORMATION DETAILS

 

Information Gathered by :

PRT

 

 

Analysis Done by :

SAN

 

 

Report Prepared by :

NKT

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

7

PAID-UP CAPITAL

1~10

6

OPERATING SCALE

1~10

7

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

7

--PROFITABILITY

1~10

7

--LIQUIDITY

1~10

6

--LEVERAGE

1~10

7

--RESERVES

1~10

7

--CREDIT LINES

1~10

7

--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

 

61

 

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.