MIRA INFORM REPORT

Report No. :	327849
Report Date :	20.06.2015

IDENTIFICATION DETAILS

Name :	AIMS MAX GARDENIA DEVELPERS PRIVATE LIMITED
Registered Office :	R-19, 3^rd Floor, Near Shakarpur, Laxmi Nagar, Vikas Marge, Delhi-110092
Tel. No.:	91-9312229530
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	19.04.2010
Com. Reg. No.:	55-201695
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U70109DL2010PTC201695
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAICA4047Q
Legal Form :	Private Limited Liability Company
Line of Business :	Construction Activity
No. of Employees :	200 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (27)

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Clear
Comments :	Subject is a company established in the year 2010. It is engaged into construction of building. It has a moderate track record. Management has failed to file its financial record with government department for the year 2014. As per registrar of companies the date of balance sheet (i.e. financial filed) is shown as 30.09.2013 but the document related to the financial are not available from any source. During the year under a review, the company has commenced its business operations in the year 2012. As per the available financial of year 2012, the company has huge borrowings and modest net worth along with leverage balance sheet profile. As per registrar of companies it is shown that business is active. Payment terms are slow. In the view of inadequate financial data, the company can be considered for business dealings with some cautions.

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	Not Available
Rating	Not Available
Rating Explanation	Not Available
Date	Not Available

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. Kanish Sharma
Designation :	Operation Head
Contact No.:	91-9312229530
Date :	18.06.2015

LOCATIONS

Registered Office :	R-19, 3^rd Floor, Near Shakarpur, Laxmi Nagar, Vikas Marge, Delhi-110092, India
Tel. No.:	Not Available
Mobile No.:	91-9312295530 (Mr. Kanish Sharma)
Fax No.:	Not Available
E-Mail :	Not Available
Location :	Owned
Locality:	Commercial
Site Office :	GH – 11, Sector – 75, Gautam Buddha Nagar, Noida – 201301, India

DIRECTORS

As on 30.09.2013

Name :

Mr. Manoj Kumar Ray

Designation :

Director

Address :

A-218, Mangal Apartments, Vasundra Enclave, New Delhi, 110096, India

Date of Birth/Age :

01.01.1967

Date of Appointment :

19.04.2010

DIN No.:

00251033

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	U45202DL2003PTC122513	HRC ENGINEERS ESTATE PRIVATE LIMITED	Director	27/11/2003	27/11/2003	31/03/2010	Dormant	NO
2	U45201DL2005PTC134021	MANAK BUILDCON PROJECTS PRIVATE LIMITED	Managing director	15/03/2005	15/03/2005	-	Active	NO
3	U51397DL2005PTC134022	MANAK HEALTHCARE CONCEPTS PRIVATE LIMITED	Director	15/03/2005	15/03/2005	-	Active	NO
4	U45201DL2005PTC137413	LIPI BUILDCON PRIVATE LIMITED	Managing director	09/06/2005	09/06/2005	-	Active	NO
5	U00892DL2005PTC137410	LIPI SOFTECH PRIVATE LIMITED	Director	09/06/2005	09/06/2005	-	Active	NO
6	U72200DL2005PTC137412	MANAK SOFTECH PRIVATE LIMITED	Managing director	09/06/2005	09/06/2005	-	Active	NO
7	U72200DL2005PTC137411	M N SOFTECH PRIVATE LIMITED	Director	09/06/2005	09/06/2005	-	Active	NO
8	U25202DL2005PTC137414	N P R PACKTECH PRIVATE LIMITED	Managing director	09/06/2005	09/06/2005	-	Active	NO
9	U67190DL2005PTC143717	F2F INVESTMENT ADVISORS PRIVATE LIMITED	Managing director	15/12/2005	15/12/2005	-	Active	NO
10	U51909DL2005PTC143714	KASHYAP MULTITRADE PRIVATE LIMITED	Managing director	15/12/2005	15/12/2005	-	Active	NO
11	U72200DL2005PTC143715	SUNSHINE INFOSOLUTIONS PRIVATE LIMITED	Managing director	15/12/2005	15/12/2005	-	Active	NO
12	U72200DL2005PTC144224	EVERSHINE INFOSOLUTIONS PRIVATE LIMITED	Managing director	29/12/2005	29/12/2005	-	Active	NO
13	U45200DL2007PLC158102	GARDENIA INDIA LIMITED	Managing director	18/01/2007	18/01/2007	-	Active	NO
14	U45201DL2006PTC168397	FUTEC SHELTERS PRIVATE LIMITED	Additional director	02/02/2009	02/02/2009	-	Active	NO
15	U70101DL2009PTC187741	GARDENIA SHELTERS PRIVATE LIMITED	Director	18/02/2009	18/02/2009	-	Active	NO
16	U70109DL2009PTC193115	GARDENIA INFRA PRIVATE LIMITED	Director	12/08/2009	12/08/2009	-	Converted to LLP and dissolved	NO
17	U70101DL2009PTC194776	GARDENIA AIMS DEVELOPERS PRIVATE LIMITED	Director	29/09/2009	29/09/2009	-	Active	NO
18	U70200DL2010PTC198360	GARDENIA HOMES PRIVATE LIMITED	Director	27/01/2010	27/01/2010	-	Active	NO
19	U70109DL2010PTC201695	AIMS MAX GARDENIA DEVELOPERS PRIVATE LIMITED	Director	19/04/2010	19/04/2010	-	Active	NO
20	U45400DL2012PTC229780	Ambit Infratech Private Limited	Director	10/01/2012	10/01/2012	-	Active	NO
21	U70109DL2012PTC230427	AMBIT DIGIHOMES PRIVATE LIMITED	Director	23/01/2012	23/01/2012	-	Active	NO
22	U70200DL2012PTC235553	GARDENIA GLOBAL INFRA PRIVATE LIMITED	Director	09/05/2012	09/05/2012	30/08/2014	Active	NO
23	U85100DL2012NPL245259	GARDENIA GLOBAL FOUNDATION	Director	26/11/2012	26/11/2012	-	Active	NO
24	AAA-5271	GARDENIA INFRA LLP	Designated Partner	20/06/2011	20/06/2011	-	Active	NO
25	AAA-7901	AMBIT SHELTERS LLP	Designated Partner	06/02/2012	06/02/2012	-	Active	NO
26	AAB-0588	GARDENIA NEWTECH DEVELOPERS LLP	Designated Partner	09/08/2012	09/08/2012	-	Active	NO
27	AAB-1133	SMA DIGIHOMES LLP	Designated Partner	11/09/2012	11/09/2012	-	Active	NO
28	AAB-3117	ZSL METROPOLIS LLP	Designated Partner	11/01/2013	11/01/2013	-	Active	NO
29	AAB-4302	GARDENIA GRAVITY DEVELOPERS LLP	Designated Partner	01/04/2013	01/04/2013	-	Active	NO
30	AAB-6801	AMS SHELTERS LLP	Designated Partner	30/07/2013	30/07/2013	-	Active	NO

Name :

Mr. Sanjeev Kumar

Designation :

Director

Address :

G-3, Plot No 170, Sector 4 Vaishali,, Ghaziabad, 201001, Uttar Pradesh, India

Date of Birth/Age :

01.01.1972

Date of Appointment :

19.04.2010

DIN No.:

01212055

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	U45201UP2004PTC029364	SHALIMAR COLONISERS PRIVATE LIMITED	Director	18/11/2005	18/11/2005	-	Active	NO
2	U45200DL2007PLC158102	GARDENIA INDIA LIMITED	Director	18/01/2007	18/01/2007	-	Active	NO
3	U70102DL2007PTC166949	ALL INDIA DEVELOPERS CONSORTIUM PRIVATE LIMITED	Director	13/08/2007	13/08/2007	-	Active	NO
4	U45201DL2006PTC168397	FUTEC SHELTERS PRIVATE LIMITED	Additional director	02/02/2009	02/02/2009	-	Active	NO
5	U70101DL2009PTC187741	GARDENIA SHELTERS PRIVATE LIMITED	Director	18/02/2009	18/02/2009	-	Active	NO
6	U70109DL2009PTC193115	GARDENIA INFRA PRIVATE LIMITED	Director	12/08/2009	12/08/2009	-	Converted to LLP and dissolved	NO
7	U70101DL2009PTC194776	GARDENIA AIMS DEVELOPERS PRIVATE LIMITED	Director	29/09/2009	29/09/2009	-	Active	NO
8	U70200DL2010PTC198358	GARDENIA CORPORATION PRIVATE LIMITED	Director	27/01/2010	27/01/2010	-	Active	NO
9	U70109DL2010PTC201695	AIMS MAX GARDENIA DEVELOPERS PRIVATE LIMITED	Director	19/04/2010	19/04/2010	-	Active	NO
10	U45400DL2011PTC228032	EUPHORIA SPORTS CITY PRIVATE LIMITED	Director	28/11/2011	28/11/2011	-	Active	NO
11	U51909DL2012PTC233139	PRIME PANELS PRIVATE LIMITED	Director	30/09/2013	11/01/2013	-	Converted to LLP and dissolved	NO
12	U70109DL2012PTC235111	SUNHILL REALTY PRIVATE LIMITED	Director	31/10/2013	01/02/2013	-	Active	NO
13	U74899DL1991PTC045660	RAMBHA CONSTRUCTIONS PRIVATE LIMITED	Director	11/04/2013	11/04/2013	-	Active	NO
14	U45200DL2013PTC255911	SEIKOM INFRACOM PRIVATE LIMITED	Director	02/08/2013	02/08/2013	01/05/2015	Active	NO
15	U45200DL2013PTC255875	MISTIQUE CONSTRUCTION PRIVATE LIMITED	Director	02/08/2013	02/08/2013	01/05/2015	Active	NO
16	U70109DL2013PTC254993	DEVSAI CONSTRUCTION PRIVATE LIMITED	Director	02/08/2013	02/08/2013	01/05/2015	Active	NO
17	U70200DL2013PTC254824	SAI NAMO NAMAH CONSTRUCTION PRIVATE LIMITED	Director	02/08/2013	02/08/2013	01/10/2014	Active	NO
18	U45400DL2013PTC255871	MICRA INFRATECH PRIVATE LIMITED	Director	02/08/2013	02/08/2013	-	Active	NO
19	U45200DL2013PTC256534	IRISH INFRASTRUCTURE PRIVATE LIMITED	Director	13/08/2013	13/08/2013	-	Active	NO
20	U45204DL2013PTC256535	CLOVER PROBUILD PRIVATE LIMITED	Director	13/08/2013	13/08/2013	-	Active	NO
21	U45300DL2013PTC256843	PALM DEVELOPERS PRIVATE LIMITED	Director	23/08/2013	23/08/2013	01/11/2014	Active	NO
22	U45201DL2013PTC256877	PINE PROBUILD PRIVATE LIMITED	Director	23/08/2013	23/08/2013	01/05/2015	Active	NO
23	U45208DL2013PTC256890	FLORAL REALCON PRIVATE LIMITED	Director	23/08/2013	23/08/2013	17/03/2015	Active	NO
24	U45400DL2013PTC256891	GODAVARI DWELLING PRIVATE LIMITED	Director	23/08/2013	23/08/2013	01/05/2015	Active	NO
25	U45400DL2013PTC256967	MAPLE REALCON PRIVATE LIMITED	Director	27/08/2013	27/08/2013	01/05/2015	Active	NO
26	U45209DL2006PTC156643	CHIRAG BUILDTEC PRIVATE LIMITED	Additional director	02/09/2013	02/09/2013	12/11/2014	Active	NO
27	AAA-5271	GARDENIA INFRA LLP	Designated Partner	20/06/2011	20/06/2011	-	Active	NO
28	AAB-4210	LUXURY VILLAS LLP	Designated Partner	25/03/2013	25/03/2013	-	Active	NO
29	AAA-4816	MILLBRO METAL LLP	Designated Partner	09/12/2013	09/12/2013	-	Active	NO
30	AAC-5690	MILLBRO METAL AND CONSORTIUM LLP	Designated Partner	11/08/2014	11/08/2014	-	Active	NO
31	AAC-8121	GARDENIA ANAND DEVELOPERS LLP	Designated Partner	13/10/2014	13/10/2014	-	Active	NO
32	AAC-9821	MASS INTERNATIONAL RETAIL LLP	Designated Partner	27/11/2014	27/11/2014	-	Active	NO
33	AAD-5001	PRIME PANELS LLP	Designated Partner	05/03/2015	05/03/2015	-	Active	NO

Name :

Mr. Ajay Kumar

Designation :

Director

Address :

E-47, SECTOR -40, NOIDA, 201303, Uttar Pradesh, INDIA

Date of Birth/Age :

15.11.1966

Date of Appointment :

19/04/2010

DIN No.:

00199794

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	U00500BR1998PTC008495	TILERS ENGICON PRIVATE LIMITED	Director	11/06/1998	11/06/1998	-	Active	NO
2	U45200BR1998PTC008597	ARANYA PROPERTIES PRIVATE LIMITED	Director	17/09/1998	17/09/1998	-	Active	NO
3	U45201DL2004PTC129673	MAXBLIS CONSTRUCTION PRIVATE LIMITED	Director	05/10/2004	05/10/2004	-	Active	NO
4	U45201DL2005PTC143809	HI-TECH CITY DEVELOPERS PRIVATE LIMITED	Director	19/12/2005	19/12/2005	-	Active	NO
5	U45201RJ2005PTC020144	SANGAM COLONIZERS PRIVATE LIMITED	Director	18/05/2006	08/05/2006	-	Active	NO
6	U70101DL2009PTC187741	GARDENIA SHELTERS PRIVATE LIMITED	Director	01/08/2009	01/08/2009	-	Active	NO
7	U70101DL2009PTC194776	GARDENIA AIMS DEVELOPERS PRIVATE LIMITED	Director	29/09/2009	29/09/2009	-	Active	NO
8	U70109DL2010PTC201695	AIMS MAX GARDENIA DEVELOPERS PRIVATE LIMITED	Director	19/04/2010	19/04/2010	-	Active	NO
9	U45400DL2010PTC208509	VMAX CONSTRUCTIONS PRIVATE LIMITED	Director	21/09/2010	21/09/2010	10/06/2013	Active	NO
10	U70101RJ2012PTC037836	OM SAI RAM REALMART PRIVATE LIMITED	Director	08/05/2012	08/05/2012	-	Active	NO
11	U70109DL2012PTC245352	OM SAI MAX INFRATECH PRIVATE LIMITED	Director	27/11/2012	27/11/2012	-	Active	NO

Name :

Mr. Malook Nagar

Designation :

Director

Address :

D-3/10, VASANT VIHAR, NEW DELHI, 110057, Delhi, INDIA

Date of Birth/Age :

03.07.1965

Date of Appointment :

19.04.2010

DIN No.:

00965691

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	U15203DL2002PTC116598	NAGAR DAIRY PRIVATE LIMITED	Director	22/09/2002	22/09/2002	-	Active	NO
2	U70109DL2006PTC150464	SUN-MOON INFRASTRUCTURE PRIVATE LIMITED.	Director	01/07/2006	01/07/2006	15/12/2008	Active	NO
3	U70109DL2006PTC152733	AIMS PROMOTERS PRIVATE LIMITED	Director	30/08/2006	30/08/2006	-	Active	NO
4	U45400DL2007PTC169591	AIMS INFRASTRUCTURE PRIVATE LIMITED	Director	18/10/2007	18/10/2007	-	Active	NO
5	U70100DL2008PTC175898	CITY HEIGHTS INFRABUILD PRIVATE LIMITED	Director	25/04/2008	25/04/2008	24/02/2009	Active	NO
6	U14210DL2008PTC185134	AIMS MINES AND MINERALS PRIVATE LIMITED	Director	21/11/2008	21/11/2008	-	Active	NO
7	U55101DL2007PTC163647	PINKWOOD PALACE & RESORTS PRIVATE LIMITED	Director	09/06/2009	09/06/2009	-	Active	NO
8	U70101DL2009PTC187741	GARDENIA SHELTERS PRIVATE LIMITED	Director	01/08/2009	01/08/2009	-	Active	NO
9	U70101DL2009PTC194776	GARDENIA AIMS DEVELOPERS PRIVATE LIMITED	Director	29/09/2009	29/09/2009	-	Active	NO
10	U70109DL2010PTC201695	AIMS MAX GARDENIA DEVELOPERS PRIVATE LIMITED	Director	19/04/2010	19/04/2010	-	Active	NO
11	U70101DL2010PTC202339	AIMS SANYA DEVELOPERS PRIVATE LIMITED	Director	06/05/2010	06/05/2010	-	Active	NO
12	U70109DL2010PTC202340	AIMS SANYA REALTORS PRIVATE LIMITED	Director	06/05/2010	06/05/2010	-	Under Process of Striking off	NO
13	U70100DL2010PTC209384	AIMS GOLF TOWN DEVELOPERS PRIVATE LIMITED	Director	15/10/2010	15/10/2010	-	Active	NO
14	U70101DL2011PTC212433	AIMS RG ANGEL PROMOTERS PRIVATE LIMITED	Director	11/01/2011	11/01/2011	-	Active	NO
15	U70100MH2011PTC219360	KAMLA AIMS HOUSING AND CONSTRUCTION PRIVATE LIMITED	Director	29/09/2012	10/01/2012	-	Active	NO
16	U92490DL2012PTC245426	AIMS PICTURES PRIVATE LIMITED	Director	29/11/2012	29/11/2012	-	Active	NO
17	AAB-1876	KAMLA AIMS CONSTRUCTION LLP	Designated Partner	29/10/2012	29/10/2012	-	Active	NO
18	AAC-3435	JP INFRA ENTERPRISES LLP	Body corporate as Designated Partner	14/05/2015	14/05/2015	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Kanish Sharma
Designation :	Operation Head

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2013

Names of Shareholders	No. of Shares	%age holding
Gardenia India Limited, Ghaziabad, India	27000	27.00
Aims Promoters Private Limited,	28000	28.00
Maxblis Construction Private Limited, Noida, India	15000	15.00
Amr Constructions Limited, Hyderabad, India	10000	10.00
Quality Heightcon Private Limited, Mumbai, India	10000	10.00
K.J Infrastructure Private Limited, Mumbai, India	10000	10.00
Total	100000	100.00

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2013

Category	Percentage
Other top fifty shareholders	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Construction Activity
Products :	Not Divulged
Brand Names :	Not Divulged
Agencies Held :	Not Divulged
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 :

200 (Approximately)

Bankers :

Bank Name	Not Divulged
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 (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

Secured Loan	31.03.2012 (Rs. in Million)	31.03.2011 (Rs. in Million)
Long-term Borrowings
Other Loans and Advance (Deferred Payment Liabilities Paybable to NOIDA against Township Plot Sector-75, NOIDA)	6935.737	0.000
Total	6935.737	0.000

Auditors :
Name :	Keshari Keshari and Company Chartered Accountants
Address :	C – 167, Sector – 19, Noida – 201301, Uttar Pradesh, India
PAN N Income-tax PAN of auditor or auditor's firm :	AADFK6362Q
Memberships :	Not Available
Collaborators :	Not Available
Related Party:	Maxblis Construction Private Limited Aims RG Angel Promoters Private Limited Aims Promoters Private Limited Gardenia India Limited Gardenia Shelters Private Limited Gardenia Aims Developers Private Limited Gardenia Infra LLP Futec Shelters Private Limited Vmax Constructions Private Limited

CAPITAL STRUCTURE

As on 30.09.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs.10/- each	Rs. 1.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
100000	Equity Shares	Rs.100/- each	Rs. 1.000 Million
	Less; Calls In arrears		Rs. 0.300 Million
	Total		Rs. 0.700 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.700	0.700
(b) Reserves & Surplus	1.780	0.559
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	405.280
Total Shareholders’ Funds (1) + (2)	2.480	406.539
(3) Non-Current Liabilities
(a) long-term borrowings	6935.737	4.400
(b) Deferred tax liabilities (Net)	0.000	0.045
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	0.000	0.000
Total Non-current Liabilities (3)	6935.737	4.445
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000
(b) Trade payables	107.294	8.364
(c) Other current liabilities	4878.357	2934.117
(d) Short-term provisions	1.874	1.191
Total Current Liabilities (4)	4987.525	2943.672
TOTAL	11925.742	3354.656
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	3.047	3.055
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.000	0.000
(c) Deferred tax assets (net)	0.007	0.000
(d) Long-term Loan and Advances	0.000	0.000
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	3.054	3.055
(2) Current assets
(a) Current investments	9564.773	1683.706
(b) Inventories	0.000	0.000
(c) Trade receivables	98.059	42.498
(d) Cash and cash equivalents	2230.323	1595.928
(e) Short-term loans and advances	29.533	29.469
(f) Other current assets	0.000	0.000
Total Current Assets	11922.688	3351.601
TOTAL	11925.742	3354.656

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2012	31.03.2011
		TOTAL INCOME	NA	NA
Less		TOTAL EXPENSES	NA	NA
	PROFIT/(LOSS) BEFORE TAX		NA	NA
Less	TAX		NA	NA
	PROFIT/(LOSS) AFTER TAX		1.221	0.558
	Earnings Per Share (Rs.)		122.10	55.80

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2013	31.03.2012	31.03.2011
Current Maturities of Long term debt	NA	0.00	0.000
Cash generated from operations	NA	NA	NA

KEY RATIOS

PARTICULARS	31.03.2012	31.03.2011
Debt Equity Ratio (Total Debt /Networth)	2796.67	0.01
Current Ratio (Current Asset/Current Liability)	2.39	1.14

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012
	(Rs. In Million)	(Rs. In Million)
Share Capital	0.700	0.700
Reserves & Surplus	0.559	1.780
Money received against share warrants	0.000	0.000
Share Application money pending allotment	405.280	0.000
Net worth	406.539	2.480
long-term borrowings	4.400	6935.737
Short term borrowings	0.000	0.000
Total borrowings	4.400	6935.737
Debt/Equity ratio	0.011	2,796.668

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	No
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	No
12	Voter Id Card No. of Proprietor / Partners	Yes
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	No
26	Turnover of firm for last three years	No
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last Two years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available	No
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms	Yes
35	Negative Reporting by Auditors in the Annual Report	No

NOTE: Registered office of the company has been shifted from Chember – 2, Basement – 61, Vinobapuri Lajpat Nagar – II, New Delhi 110024, India to the present address w.e.f. 07.02.2011.

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

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.63.81
UK Pound	1	Rs.101.25
Euro	1	Rs.72.35

INFORMATION DETAILS

Information Gathered by :	MAN
Analysis Done by :	TRI
Report Prepared by :	PJA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILITY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--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		27

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.