MIRA INFORM REPORT

Report No. :	326604
Report Date :	10.06.2015

IDENTIFICATION DETAILS

Name :	MAYUR UNIQUOTERS LIMITED
Registered Office :	Jaipur - Sikar Road, Village Jaitpura, Tehsil: Chomu, District Jaipur – 303704, Rajasthan
Tel. No.:	91-1423-224001
Country :	India
Financials (as on) :	31.03.2015
Date of Incorporation :	14.09.1992
Com. Reg. No.:	17-006952
Capital Investment / Paid-up Capital :	Rs.810.928 Million
CIN No.: [Company Identification No.]	L18101RJ1992PLC006952
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	JPRM02564C
PAN No.: [Permanent Account No.]	AABFM9592L
Legal Form :	A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.
Line of Business :	Manufacturer of Coated Textile Fabric.
No. of Employees :	600 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Aa (72)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Good
Payment Behaviour :	Regular
Litigation :	Exist
Comments :	Subject is was established in the year 1992 and it is engaged manufacturing coated textile fabric. The firm’s products are used in footwear, furnishings, automotive original equipment manufacturer (OEM), and automotive replacement market. It is a well- established company having fine track record. The company possesses strong operational risk profile marked by decent profitability margins along with comfortable leverage, liquidity and debt coverage indicators. Rating also takes into consideration MUL’s strong market position in the organized segment of the artificial leather industry along with integrated operations and wide product portfolio of the company. The rating reflects company’s healthy financial risk profile marked by adequate liquidity position and sound profitability margins of the company. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitment. In view of strong business profile backed by adequate financial base, the company can be considered good for normal business dealings at usual trade terms and conditions.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – 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	CARE
Rating	Long term bank facilities: AA -
Rating Explanation	High degree of safety and very low credit risk.
Date	29.04.2015

Rating Agency Name	CARE
Rating	Short term bank facilities: A1+
Rating Explanation	Very strong degree of safety and carry lowest credit risk.
Date	29.04.2015

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 PARTED BY (GENERAL DETAILS)

Name :	Mr. Gumanmal
Designation :	Accounts Department
Contact No.:	91-1423-224001
Date :	08.06.2015

LOCATIONS

Registered Office :	Jaipur - Sikar Road, Village Jaitpura, Tehsil: Chomu, District Jaipur – 303704, Rajasthan, India
Tel. No.:	91-1423-224001
Fax No.:	91-1423-224420
E-Mail :	secr@mayur.biz info@mayur.biz
Website :	www.mayuruniquoters.com
Correspondence Office :	28, Fourth Floor, Lakshmi Complex, M. I. Road, Jaipur – 302001, Rajasthan, India
Tel. No.:	91-141-2361132
Fax No.:	91-141-2365423
Works :	UNIT – I Four Coating Line Situated At Village, Jaitura, Jaipur – Sikar Tehsil: Chomu, Jaipur – 303704, Rajasthan, India UNIT – II Textile Division and Fifth Coating Line Situated at Village Dhodsar, Khaijroli Link Road, Near Ratan Devi College, Jaipur – Sikar Highway Tehsil: Chomu, Jaipur – 303704, Rajasthan, India

DIRECTORS

AS ON 24.08.2013

Name :

Mr. Suresh Kumar Poddar

Designation :

Managing director

Address :

G-21, Janpath, Shyam Nagar, Jaipur - 302019, Rajasthan, India

Date of Birth/Age :

29.09.1946

Date of Appointment :

28.07.2011

DIN No.:

00022395

PAN No.:

AFGPP4191L

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	U74899DL1993PTC056336	MAYUR INTER LINKS INDIA PRIVATE LIMITED	Director	07-12-93	07-12-93	-	Strike off	NO
2	L18101RJ1992PLC006952	MAYUR UNIQUOTERS LIMITED	Managing director	28-07-11	12-02-07	-	Active	NO
3	U18101RJ2008NPL026261	RAJASTHAN TEXTILE INDUSTRY ASSOCIATION	Director	01-04-08	01-04-08	-	Under Process of Striking off	NO
4	U45201RJ2004PTC019599	STERLING BUILDHOME PRIVATE LIMITED	Director	28-09-12	12-03-12	-	Active	NO

Name :

Mr. Manav Poddar

Designation :

Whole-time director

Address :

G-21, Shyam Nagar, Extension, Janpath, Jaipur - 302019, Rajasthan, India

Date of Birth/Age :

18.12.1974

Date of Appointment :

01.11.2012

DIN No.:

00022407

PAN No.:

AFXPP9277L

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	U74899DL1993PTC056336	MAYUR INTER LINKS INDIA PRIVATE LIMITED	Director	01-06-01	01-06-01	-	Strike off	NO
2	L18101RJ1992PLC006952	MAYUR UNIQUOTERS LIMITED	Whole-time director	01-11-13	01-11-02	-	Active	NO
3	U45201RJ2004PTC019599	STERLING BUILDHOME PRIVATE LIMITED	Director	28-09-12	12-03-12	-	Active	NO

Name :

Mr. Arun Kumar Bagaria

Designation :

Whole-time director

Address :

G- 21, Janpath, Shyam Nagar, Jaipur - 302019, Rajasthan, India

Date of Birth/Age :

14.11.1972

Date of Appointment :

01.08.2013

DIN No.:

00373862

PAN No.:

ADQPB1228C

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	L18101RJ1992PLC006952	MAYUR UNIQUOTERS LIMITED	Whole-time director	01-08-13	03-08-07	-	Active	NO
2	U65993WB1979PLC031923	WALL STREET INVESTMENT LTD	Director	03-07-14	21-11-13	25-09-14	Active	NO

Name :

Mr. Rameshwar Pareek

Designation :

Director

Address :

C-222, Vaishali Nagar, Jaipur - 302021, Rajasthan, India

Date of Birth/Age :

01.11.1944

Date of Appointment :

23.09.2013

DIN No.:

00014224

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	L51909UP1992PLC051997	GENUS POWER INFRASTRUCTURES LIMITED	Director	29-01-03	29-01-03	-	Active	NO
2	L18101RJ1992PLC006952	MAYUR UNIQUOTERS LIMITED	Director	23-09-03	23-09-03	-	Active	NO
3	U27104UP2004PLC029255	KAILASH VIDYUT & ISPAT LIMITED	Director	24-11-04	24-11-04	-	Active	NO
4	U20211UP1996PLC020150	GENUS PAPER PRODUCTS LIMITED	Director	03-12-05	03-12-05	-	Amalgamated	NO
5	U32109DL2003PLC121435	GENUS ELECTROTECH LIMITED	Director	01-07-06	01-07-06	20-01-15	Active	NO
6	L24117RJ1980PLC001999	K G PETRO CHEM LTD	Director	27-09-14	29-05-08	-	Active	NO
7	L24117UP2000PLC032010	GENUS PRIME INFRA LIMITED	Director	15-08-11	31-07-08	-	Active	NO
8	U45203RJ2009PLC029644	VIRTUOUS INFRA LIMITED	Director	20-08-09	20-08-09	-	Active	NO
9	U51395DL2007PLC162295	Virtuous Urja Limited	Director	18-06-12	18-06-12	22-11-14	Active	NO
10	U51109WB2008PTC125120	STAR VANIJYA PRIVATE LIMITED	Director	30-09-13	01-04-13	-	Active	NO
11	U14290DL2013PLC256304	VIRTUOUS MINING LIMITED	Director	06-08-13	06-08-13	11-08-14	Active	NO
12	L21098UP2012PLC048300	Genus Paper & Boards Limited	Director	29-10-13	29-10-13	-	Active	NO

Name :

Mr. Bajranglal Bajaj

Designation :

Director

Address :

B-307, Yojana Vihar,, Delhi - 110092, India

Date of Birth/Age :

14.11.1972

Date of Appointment :

26.04.2012

DIN No.:

00041909

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	U51900MH1987PTC043719	NISCHAL ENTERPRISES PRIVATE LIMITED	Director	19-07-04	19-07-04	06-01-10	Active	NO
2	U67120MH1996PTC101720	DYNAMIC ORBITS ADVISORY PRIVATE LIMITED	Director	19-07-04	19-07-04	-	Active	NO
3	U63002DL1999PLC101942	OM LOGISTICS LIMITED	Director	25-09-14	07-08-07	-	Active	NO
4	U93010MH2007PTC234581	DIAMOND FABCARE PRIVATE LIMITED	Director	13-12-07	13-12-07	01-04-11	Amalgamated	NO
5	L85200TG1993PLC046359	VISHNU CHEMICALS LIMITED	Director	31-10-08	31-10-08	28-09-12	Active	NO
6	U74900DL2009PTC195767	KNOWLEDGEAGE ENVIRONMENTAL SERVICES PRIVATE LIMITED	Director	06-11-09	06-11-09	25-02-10	Active	NO
7	U74140DL2010PTC206594	DYNAMIC ORBITS CONSULTANTS PRIVATE LIMITED	Director	03-08-10	03-08-10	-	Active	NO
8	U74999DL2011FTC219295	REACHLaw Environmental Dynamic Private Limited	Director	17-05-11	17-05-11	-	Active	NO
9	U74900DL2012PTC230821	Ideation Initiatives Private Limited	Director	01-02-12	01-02-12	03-01-15	Active	NO
10	L18101RJ1992PLC006952	MAYUR UNIQUOTERS LIMITED	Director	23-07-12	26-04-12	-	Active	NO
11	U74999DL2014PTC268628	VINEY AUTO EXPORTS PRIVATE LIMITED	Director	05-07-14	05-07-14	-	Active	NO

Name :

Mr. Kanwarjit Singh

Designation :

Director

Address :

D-6/12, Vasant Vihar, New Delhi - 110057, India

Date of Birth/Age :

14.02.1941

Date of Appointment :

03.08.2007

DIN No.:

01657213

KEY EXECUTIVES

Name :	Mr. Nikhil Saxena
Designation :	Secretary
Address :	122/220, Sector-12, Kasturbha Path, Agarwal Farm, Mansarover, Jaipur - 302020, Rajasthan, India
Date of Birth/Age :	19.01.1978
Date of Appointment :	01.10.2010
PAN No.:	ARQPS8080F
Name :	Mr. Gumanmal
Designation :	Accounts Department

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 31.03.2015

Category of Shareholder	Total No. of Shares	% of Holding
(A) Shareholding of Promoter and Promoter Group
(1) Indian
Individuals / Hindu Undivided Family	28761904	66.42
Sub Total	28761904	66.42
(2) Foreign
Total shareholding of Promoter and Promoter Group (A)	28761904	66.42
(B) Public Shareholding
(1) Institutions
Mutual Funds / UTI	2119075	4.89
Financial Institutions / Banks	31845	0.07
Foreign Institutional Investors	2974710	6.87
Sub Total	5125630	11.84
(2) Non-Institutions
Bodies Corporate	920166	2.12
Individuals
Individual shareholders holding nominal share capital up to Rs. 0.100 Million	5434656	12.55
Individual shareholders holding nominal share capital in excess of Rs. 0.100 Million	1990770	4.60
Any Others (Specify)	1072474	2.48
Trusts	25000	0.06
Clearing Members	22374	0.05
Hindu Undivided Families	284405	0.66
Foreign Nationals	575	0.00
Non Resident Indians	740120	1.71
Sub Total	9418066	21.75
Total Public shareholding (B)	14543696	33.58
Total (A)+(B)	43305600	100.00
(C) Shares held by Custodians and against which Depository Receipts have been issued	0	0.00
(1) Promoter and Promoter Group	0	0.00
(2) Public	0	0.00
Sub Total	0	0.00
Total (A)+(B)+(C)	43305600	0.00

BUSINESS DETAILS

Line of Business :	Manufacturer of Coated Textile Fabric.
Products :	Coated Textile Fabric
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :
Selling :	Cash and Cheque
Purchasing :	Cash and Cheque

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

600 (Approximately)

Bankers :

• Andhra Bank, Brij Anukampa Building, K-13 Ashok Marg, Jaipur - 302001, Rajasthan, India
• Canara Bank, Anukampa Mansion, M.I. Road, Jaipur - 302001, Rajasthan, India

Banker Name	IDBI Bank Limited
Branch Address	IDBI Towerwtc Complex, Cuffe Parade, Mumbai - 400005, Maharashtra, India
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2015	As on 31.03.2014
LONG TERM BORROWING
Rupee term loans from banks	NA	156.800
SHORT TERM BORROWING
Foreign currency term loans from banks	NA	166.200
Total	NA	323.000

Financial Institute:	BMW India Financial Services Private Limited, Tower C, 14th Floor, Building No. 10, DLF Cyber City, Phase-II, Gurgaon - 122002, Haryana, India
Auditors :
Name :	Madhukar Garg and Company Chartered Accountant
Address :	2 A Raj Apartment, Keshav Path, Ahinsa Circle, C-Scheme, Jaipur -302 001
PAN N Income-tax PAN of auditor or auditor's firm :	AABFM5644H
Memberships :	--
Collaborators :	--
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives (AS ON 31.03.2014):	Futura Textiles Inc., United States

CAPITAL STRUCTURE

AS ON 31.03.2015

Authorised Capital : NOT AVAILABLE

Issued, Subscribed & Paid-up Capital : Rs. 810.928 Million

AS ON 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
50000000	Equity Shares	Rs.5/- each	Rs. 250.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
21652800	Equity Shares	Rs.5/- each	Rs. 108.264 Million

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	810.928	108.264	108.264
(b) Reserves & Surplus	2015.769	1502.727	1076.408
(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)	2826.697	1610.991	1184.672
(3) Non-Current Liabilities
(a) long-term borrowings	137.519	156.800	45.924
(b) Deferred tax liabilities (Net)	47.642	59.137	35.536
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	2.693	1.409	0.613
Total Non-current Liabilities (3)	187.854	217.346	82.073
(4) Current Liabilities
(a) Short term borrowings	235.203	202.091	164.015
(b) Trade payables	519.042	631.284	473.843
(c) Other current liabilities	272.031	284.140	170.570
(d) Short-term provisions	70.254	58.022	59.747
Total Current Liabilities (4)	1096.530	1175.537	868.175
TOTAL	4111.081	3003.874	2134.920
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1364.669	976.639	546.674
(ii) Intangible Assets	0.346	0.000	0.000
(iii) Capital work-in-progress	36.417	265.555	189.071
(iv) Intangible assets under development	25.342	0.000	0.000
(b) Non-current Investments	0.657	0.657	0.657
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	14.229	14.735	36.509
(e) Other Non-current assets	0.000	4.859	10.964
Total Non-Current Assets	1441.660	1262.445	783.875
(2) Current assets
(a) Current investments	757.551	97.799	135.890
(b) Inventories	561.048	637.732	442.337
(c) Trade receivables	906.867	671.092	564.507
(d) Cash and cash equivalents	265.910	134.272	106.512
(e) Short-term loans and advances	86.279	125.315	67.888
(f) Other current assets	91.766	75.219	33.911
Total Current Assets	2669.421	1741.429	1351.045
TOTAL	4111.081	3003.874	2134.920

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2015	31.03.2014	31.03.2013
	SALES
	Income	5063.166	4696.135	3805.390
	Other Income	59.412	17.480	27.357
	TOTAL (A)	5122.578	4713.615	3832.747
Less	EXPENSES
	Cost of Materials Consumed	3245.041	3181.426	2738.957
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	15.026	(16.917)	(60.094)
	Employees benefits expense	248.128	156.171	96.785
	Other expenses	537.282	443.221	339.258
	TOTAL (B)	4045.477	3763.901	3114.906
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	1077.101	949.714	717.841
Less	FINANCIAL EXPENSES (D)	25.955	42.975	24.351
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	1051.146	906.739	693.490
Less/ Add	DEPRECIATION/ AMORTISATION (F)	118.602	70.169	51.700
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	932.544	836.570	641.790
Less	TAX (H)	273.534	268.599	205.535
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	659.010	567.971	436.255
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD	NA	972.914	690.750
Less	APPROPRIATIONS
	Transferred To General Reserve	NA	56.800	43.700
	Equity Dividend (including Proposed Dividend)	NA	121.075	94.731
	Corporate Tax On Dividend	NA	20.577	15.660
	Balance Carried to the B/S	NA	1342.433	972.914
	EARNINGS IN FOREIGN CURRENCY
	Revenue from Export on FOB Basis	NA	NA	792.363
	TOTAL EARNINGS	NA	NA	792.363
	IMPORTS
	Capital Goods & Spares	NA	NA	96.496
	Raw Materials	NA	NA	1068.260
	TOTAL IMPORTS	NA	NA	1164.756
	Earnings / (Loss) Per Share (Rs.)
	Basic	15.22	26.23	40.30
	Diluted	14.31

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2015	31.03.2014	31.03.2013
Current Maturities of Long term debt	NA	57.800	37.884
Cash generated from operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2015	31.03.2014	31.03.2013
Net Profit Margin (PAT / Sales)	(%)	13.02	12.09	11.46
Operating Profit Margin (PBIDT/Sales)	(%)	21.27	20.22	18.86
Return on Total Assets (PBT/Total Assets}	(%)	23.03	30.56	32.99
Return on Investment (ROI) (PBT/Networth)		0.33	0.52	0.54
Debt Equity Ratio (Total Debt /Networth)		0.13	0.26	0.21
Current Ratio (Current Asset/Current Liability)		2.43	1.48	1.56

STOCK PRICES

Face Value	Rs.5.00/-
Market Value	Rs.404.00/-

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	108.264	108.264	810.928
Reserves & Surplus	1076.408	1502.727	2015.769
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	1184.672	1610.991	2826.697
long-term borrowings	45.924	156.800	137.519
Short term borrowings	164.015	202.091	235.203
Total borrowings	209.939	358.891	372.722
Debt/Equity ratio	0.177	0.223	0.132

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	3805.390	4696.135	5063.166
		23.407	7.816

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	3805.390	4696.135	5063.166
Profit	436.255	567.971	659.010
	11.46%	12.09%	13.02%

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	Yes
8	Designation of contact person	Yes
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	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	Yes
33	Market information	--
34	Payments terms	Yes
35	Negative Reporting by Auditors in the Annual Report	No

LITIGATION DETAILS

RAJASTHAN HIGH COURT BENCH, JAIPUR

PENDING

Date of query : 10/6/2015	Time : 12:11:42 PM
ITA'484' of 2009 - R	8383/2009
Petitioner :	COMMISSIONER OF INCOME TAX
Respondent:	MAYUR UNIQUOTERS LIMITED
Petitioner Advocate:	SAMEER JAIN
Respondent Advocate:	VIVEK SINGHAL
Class Code : 1303	Registered on : 9/7/2009
Bench : SB	Stage : DUE COURSE
DATE GIVEN BY: PESHI CLERK DATE
Date of Listing : 26/2/2013
Listed in court No. 3 on 26/02/2013

Department Details
Dept Type	Dept Code	Dept Name
C	26	Income Tax

Lower Court Details
Case No.	Judgeship	Place	Court	Decision Date
COS-963/2008	JAIPUR METRO.	JAIPUR	INCOME TAX APPELLATE TRIBUNAL, JAIPUR	30/1/2009

Case Detail have Match with this case
Case Type	Number

Paper Details
No.	Type	Date of filing
30198/2012	POWER	27/9/2012
COMMISSIONER OF INCOME TAX VS  MAYUR UNIQUOTERS LIMITED	VIVEK SINGHAL	Court Fee : 2  Proc. Fee :
14662/2012	EXTRA SET	2/5/2012
COMMISSIONER OF INCOME TAX VS  MAYUR UNIQUOTERS LIMITED	SAMEER JAIN	Court Fee :   Proc. Fee :
14334/2012	APPLICATION	30/4/2012
COMMISSIONER OF INCOME TAX VS  MAYUR UNIQUOTERS LIMITED	SAMEER JAIN	Court Fee : 2  Proc. Fee :
30636/2009	PF+NOTICE	11/11/2009
COMMISSIONER OF INCOME TAX VS  MAYUR UNIQUOTERS LIMITED	SAMEER JAIN	Court Fee : 4  Proc. Fee :

UNSECURED LOAN

Particulars	31.03.2015 (Rs. in Million)	31.03.2014 (Rs. in Million)
SHORT TERM BORROWING
Foreign currency term loans from banks	NA	35.891
Total	NA	35.891

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10474723	06/01/2014	200,000,000.00	IDBI BANK LIMITED	IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA	B95132791
2	10464515	18/11/2013	70,000,000.00	ICICI BANK LIMITED	SHREEJI TOWER C-99, C-SCHEME, AHIMSA CIRCLE, JAIPUR, RAJASTHAN - 302001, INDIA	B91266445
3	10387422	16/12/2013 *	250,000,000.00	ANDHRA BANK	BRIJ ANUKAMPA BUILDING, ASHOK MARG, C-SCHEME, J AIPUR, RAJASTHAN - 302001, INDIA	B94161593
4	10364549	11/02/2015 *	500,000,000.00	IDBI BANK LIMITED	IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA	C45756632
5	10353250	03/12/2014 *	488,000,000.00	ICICI BANK LIMITED	SHREEJI TOWER C-99, C-SCHEME, AHIMSA CIRCLE, JAIPUR, RAJASTHAN - 302001, INDIA	C36821312
6	10323360	17/12/2011 *	162,500,000.00	ICICI BANK LIMITED	SHREEJI TOWER C-99, C-SCHEME, AHINSA CIRCLE, JAIPUR, RAJASTHAN - 302001, INDIA	B28050359
7	10284547	15/04/2011	60,000,000.00	CANARA BANK	ANUKAMPA MANSION,, M.I. ROAD, JAIPUR, RAJASTHAN - 302001, INDIA	B12131769
8	10262379	02/12/2010	61,085,700.00	CANARA BANK	ANUKAMPA MANSION II, M.I. ROAD, JAIPUR, RAJASTHAN - 302001, INDIA	B04326484
9	10219227	01/12/2010 *	30,000,000.00	IDBI BANK LIMITED	IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHA RASHTRA - 400005, INDIA	B02121341
10	10182925	12/10/2009	30,000,000.00	CANARA BANK	ANUKAMPA MANSION-II, M.I.ROAD JAIPUR, JAIPUR, RAJ ASTHAN - 302001, INDIA	A72396120

* Date of charge modification

CONTINGENT LIABILITIES:

(Rs. in million)

PARTICULARS	31.03.2015	31.03.2014
Demand under disputes-(a)Textile Committee Cess	NA	0.769
Service Tax Demand (Out of which deposited Rs.0.360 Million) (The Company has filed appeal against these demands)	NA	1.103
Letter of Credit/Bank Guarantee	NA	239.486

FIXED ASSETS

Tangible assets

• Land
• Buildings
• Plant and equipment
• Furniture and fixtures
• Vehicles
• Office equipment
• Computer equipments

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.63.94
UK Pound	1	Rs.98.27
Euro	1	Rs.72.37

INFORMATION DETAILS

Information Gathered by :	MNJ
Analysis Done by :	KAR
Report Prepared by :	KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	8
PAID-UP CAPITAL	1~10	8
OPERATING SCALE	1~10	8
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	8
--PROFITABILITY	1~10	8
--LIQUIDITY	1~10	8
--LEVERAGE	1~10	8
--RESERVES	1~10	8
--CREDIT LINES	1~10	8
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--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	YES
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		72

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.