MIRA INFORM REPORT

Report No. :	328041
Report Date :	25.06.2015

IDENTIFICATION DETAILS

Name :	JINDAL BUILDSYS LIMITED (w.e.f. 18.05.2011)
Formerly Known As :	SARVPRIYA INDUSTRIES LIMITED
Registered Office :	Circular Roadnabha, Patiala – 147201, Punjab
Tel. No.:	91-124-4086405
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	14.05.1985
Capital Investment / Paid-up Capital :	Rs. 28.149 Million
CIN No.: [Company Identification No.]	U51909PB1985PLC006275
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	PTLS13583D
PAN No.: [Permanent Account No.]	AACCS0141B
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	The Company is engaged in the business of manufacturing of Seat Trims, Automobiles Parts and Pre Engineering Building (Structure).
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

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

Status :	Satisfactory
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company incorporated during the year 1985. It is dealing in the business of manufacturing of seat trims, automobiles parts and pre - engineered building (structure). It has a satisfactory track record. For the financial year 2014, the company has healthy business operations and it has achieved a top line growth of 16.2% and an average profitability margin of 1.9%. The company possesses healthy financial base, having adequate net worth along with fine gap between trade payable and receivables. Trade relations are reported as fair. Business is active. Payment terms are slow but correct. In view of long operational activities, the company can be considered normal for 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	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 DENIED BY

Name :	Mr. Sumil Mittal
Designation :	Finance Department
Contact No.:	91-124-4086405
Date :	22.06.2015

LOCATIONS

Registered Office :	Circular Roadnabha, Nabha, Patiala – 147201, Punjab, India
Tel. No.:	Not Available
Mobile No.:	91-124-4086405 (Mr. Sumil Mittal)
Fax No.:	Not Available
E-Mail :	sumitmittal@jindalbuildsys.com sales.chd@jindalbuildsys.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it. vikasaggarwal@jindalbuildsys.com sales.ahmd@jindalbuildsys.com sales.pune@jindalbuildsys.com sales.indore@jindalbuildsys.com contact@jindalbuildsys.com
Website :	http://www.jindalbuildsys.com
Corporate Office / Head Office / Factory 1 :	39 KM Stone, Delhi-Jaipur Highway, Narsingpur, Gurgoan – 122001, Haryana, India
Tel. No.:	91-124-4422800
	91-124-4422850
Factory 2 :	Plot 197, Sector 4, Growth Centre, Bawal Industrial Area, Phase – 2, Rewari – 123501, Haryana, India
Factory 3 :	Dhela Road, Village Manpura, Tehsil Nalagarh, District Solan – 174101, Harayana, India
Regional Sales Offices :	Located At: Delhi Chandigarh Ahmadabad Pune Indore

DIRECTORS

AS ON 30.09.2014

Name :

Mr. Madan Jindal

Designation :

Director

Address :

Circular Roadnabha, Patiala, Nabha – 147201, Punjab, India

Date of Appointment :

14.05.1985

DIN No.:

00246289

PAN NO.:

AAMPJ2919F

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	U51909PB1985PLC006275	JINDAL BUILDSYS LIMITED	Director	14/05/1985	14/05/1985	-	Active	NO
2	U74899DL1995PLC071183	JINDAL NIRYAT LIMITED	Director	27/07/1995	27/07/1995	-	Active	NO
3	U74999DL2001PTC112992	PEARLESCENT MARITECH PRIVATE LIMITED	Director	02/11/2001	02/11/2001	-	Active	NO
4	U34300DL2006PTC146215	JINDAL SOFT ITALIA SEATING PRIVATE LIMITED	Director	08/05/2006	08/05/2006	-	Active	NO
5	U33119DL2004PTC127822	META DOR TECHNOLOGIES PRIVATE LIMITED	Additional director	20/05/2009	20/05/2009	-	Active	NO
6	U70109DL2010PTC201087	GODAVARI BUILTECH PRIVATE LIMITED	Director	01/04/2010	01/04/2010	-	Active	NO
7	U18101HR2005PTC035809	ADINATH FURNISHING PRIVATE LIMITED	Director	30/09/2014	10/03/2012	-	Active	NO
8	U70101PB1999PTC022986	SARVPRIYA AWAS AND DEVELOPMENTS PRIVATE LIMITED	Director	19/08/2014	19/08/2014	-	Active	NO
9	U34102DL1996PTC078545	SARVPRIYA MOTORS PRIVATE LIMITED	Director	30/09/2014	01/09/2014	-	Active	NO

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	U51909PB1985PLC006275	JINDAL BUILDSYS LIMITED	Director	14/05/1985	14/05/1985	-	Active	NO
2	U74899DL1995PLC071183	JINDAL NIRYAT LIMITED	Director	27/07/1995	27/07/1995	-	Active	NO
3	U74999DL2001PTC112992	PEARLESCENT MARITECH PRIVATE LIMITED	Director	02/11/2001	02/11/2001	-	Active	NO
4	U34300DL2006PTC146215	JINDAL SOFT ITALIA SEATING PRIVATE LIMITED	Director	08/05/2006	08/05/2006	-	Active	NO
5	U33119DL2004PTC127822	META DOR TECHNOLOGIES PRIVATE LIMITED	Additional director	20/05/2009	20/05/2009	-	Active	NO
6	U70109DL2010PTC201087	GODAVARI BUILTECH PRIVATE LIMITED	Director	01/04/2010	01/04/2010	-	Active	NO
7	U18101HR2005PTC035809	ADINATH FURNISHING PRIVATE LIMITED	Director	30/09/2014	10/03/2012	-	Active	NO
8	U70101PB1999PTC022986	SARVPRIYA AWAS AND DEVELOPMENTS PRIVATE LIMITED	Director	19/08/2014	19/08/2014	-	Active	NO
9	U34102DL1996PTC078545	SARVPRIYA MOTORS PRIVATE LIMITED	Director	30/09/2014	01/09/2014	-	Active	NO

Name :

Mr. Kamlesh Jindal

Designation :

Director

Address :

Circular Roadnabha, Patiala, Nabha – 147201, Punjab, India

Date of Appointment :

14.05.1985

DIN No.:

00159913

PAN NO.:

ABBPJ1654K

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	U51909PB1985PLC006275	JINDAL BUILDSYS LIMITED	Director	14/05/1985	14/05/1985	-	Active	NO
2	U45201HP2005PTC028534	JINDAL BUILTECH PRIVATE LIMITED	Additional director	25/02/2015	25/02/2015	-	Active	NO

Name :

Mr. Vivek Jindal

Designation :

Director

Address :

226 – B, 1^st Florr, Plot No. 33, Samay Vihar, Sector – 13, Rohini, Delhi – 110085, India

Date of Appointment :

30.09.2013

PAN No.:

AALPJ7459D

DIN No.:

01074542

PAN NO.:

AALPJ7459D

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	U74899DL1993PTC055919	JINDAL MECTEC PRIVATE LIMITED.	Director	30/09/2003	30/09/2003	27/01/2010	Active	NO
2	U34300DL2005PTC132465	ADHUNIK AUTOMOTIVES PRIVATE LIMITED	Director	28/01/2005	28/01/2005	01/12/2009	Active	NO
3	U17214HP2005PTC028535	JINDAL PADDINGS PRIVATE LIMITED	Additional director	16/08/2013	10/06/2005	-	Active	NO
4	U45201HP2005PTC028534	JINDAL BUILTECH PRIVATE LIMITED	Director	10/06/2005	10/06/2005	26/08/2013	Active	NO
5	U34300DL2006PTC146215	JINDAL SOFT ITALIA SEATING PRIVATE LIMITED	Alternate director	28/03/2011	30/09/2006	-	Active	NO
6	L74899DL1992PLC050333	MINDA INDUSTRIES LIMITED	Director	14/04/2011	28/05/2007	13/02/2012	Active	NO
7	U74900DL2009PTC189371	JINDAL HOME DECOR PRIVATE LIMITED	Director	15/04/2009	15/04/2009	25/08/2014	Active	NO
8	U51909PB1985PLC006275	JINDAL BUILDSYS LIMITED	Director	30/09/2013	30/09/2013	-	Active	NO

Name :

Mr. Sanjiva Jain

Designation :

Director

Address :

Shanti Kunj,H No. 1, Preet Vihar , Nabha, Rohini, Delhi - 110085, India

Date of Appointment :

25.08.2014

Date of Birth:

30.05.1958

DIN No.:

00989292

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	U91110PB1983NPL005365	JCT EMPLOYEES WELFARE ASSOCIATION	Director	26/05/2007	26/05/2007	20/08/2013	Active	NO
2	U17121PB2006PLC030584	FIREMOUNT TEXTILES INDIA LIMITED	Director	26/05/2007	26/05/2007	18/08/2013	Active	NO
3	U91120UP1989PTC010399	NUTAN PUBLISHERS PRIVATE LIMITED	Director	30/04/2008	30/04/2008	26/02/2013	Active	NO
4	U74899DL1995PTC072026	PROVESTMENT SECURITIES PVT. LTD.	Director	30/05/2008	30/05/2008	10/01/2013	Active	NO
5	U52110DL1930PLC000224	GUPTA AND SYAL LTD.	Director	02/06/2008	02/06/2008	-	Amalgamated	NO
6	U74899DL1995PLC071183	JINDAL NIRYAT LIMITED	Director	14/07/2014	14/07/2014	-	Active	NO
7	U51909PB1985PLC006275	JINDAL BUILDSYS LIMITED	Additional director	25/08/2014	25/08/2014	-	Active	NO

Name :

Mr. Sanjeet Kumar

Designation :

Director

Address :

Flat No. 104, Plot Nop. 13Gh, Sector 10A Gurgaon - 122001, Haryana, India

Date of Appointment :

25.08.2014

Date of Birth:

1901.1974

DIN No.:

01480393

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	U51900DL2007PTC164049	Balvanti Infrastructure Private Limited	Director	29/05/2007	29/05/2007	27/03/2010	Active	YES
2	U74999DL2012PTC231493	SHAMBHAVI PORTFOLIO CONSULTANTS PRIVATE LIMITED	Director	14/02/2012	14/02/2012	-	Active	NO
3	U45209DL2012PTC237642	NOBLE PROPBUILD PRIVATE LIMITED	Director	10/07/2012	10/07/2012	01/03/2013	Active	NO
4	U51909PB1985PLC006275	JINDAL BUILDSYS LIMITED	Additional director	25/08/2014	25/08/2014	-	Active	NO
5	L74899DL1990PLC041985	TECPRO SYSTEMS LIMITED	Director appointed in casual vacancy	04/03/2015	04/03/2015	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Sunil Mittal
Designation :	Finance Department

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2014

Names of Shareholders	No. of Shares
Madan Jindal	395000
Vivek Jindal	400000
Abhishek Jindal	400000
Kamlesh Jindal	14800
Adinath Furnishing Private Limited, India	443300
Jindal Niryat, India	300000
Anita Bansal	360000
Daya Engineering work (Poles) Private Limited , India	296200
Shashish Gupta	51800
Sarvpriya Agro Private Limited, India	74800
Jyoti Jindal	74000
Deepal Bansal	5000
Total	2814900

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2014

Category	Percentage
Bodies corporate	39.58
Directors or relatives of Directors	45.61
Total	100.00

BUSINESS DETAILS

Line of Business :

The Company is engaged in the business of manufacturing of Seat Trims, Automobiles Parts and Pre Engineering Building (Structure).

Products :

Item Code No.	Product Description
94060091	Manufacture of fabricated structural products of metal other than of iron or steel

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Not Divulged

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 :

Information declined by the management

Bankers :

Bank Name	Allahabad Bank
Branch	Sector 4 & 7, Crossing Railway Road, Gurgaon, Haryana - 122001, 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 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Rupee term loans from banks	437.895	479.173
Loans and advance From related parties	7.629	0.000
SHORT TERM BORROWING
Loans repayable on demand from bank	399.205	299.940
Total	844.729	779.113

Auditors :
Name :	A. Goel and Associates Chartered Accountants
Address :	SCF 50, 1^st Floor, Leela Bhawan Complex, Patiala, Punjab, India
PAN N Income-tax PAN of auditor or auditor's firm :	AABFA6309F
Memberships :	Not Available
Collaborators :	Not Available
Associates/Subsidiaries :	Not Available

CAPITAL STRUCTURE

AS ON 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
4990000	Equity Shares	Rs.10/- each	Rs.49.900 Million
1000	Preference Shares	Rs.100/- each	Rs. 0.100 Million
	Total		Rs. 50.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2814900	Equity Shares	Rs.10/- each	Rs. 28.149 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	28.149	22.600	22.600
(b) Reserves & Surplus	388.319	286.997	237.272
(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)	416.468	309.597	259.872
(3) Non-Current Liabilities
(a) long-term borrowings	684.273	651.980	430.960
(b) Deferred tax liabilities (Net)	45.329	33.802	20.268
(c) Other long term liabilities	46.330	26.330	26.330
(d) long-term provisions	2.174	1.454	1.219
Total Non-current Liabilities (3)	778.106	713.566	478.777
(4) Current Liabilities
(a) Short term borrowings	399.205	299.940	211.506
(b) Trade payables	245.882	187.123	191.181
(c) Other current liabilities	392.388	556.824	331.614
(d) Short-term provisions	1.065	5.970	11.741
Total Current Liabilities (4)	1038.540	1049.857	746.042
TOTAL	2233.114	2073.020	1484.691
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	837.006	665.569	351.581
(ii) Intangible Assets	1.257	2.087	2.663
(iii) Capital work-in-progress	48.232	169.968	281.451
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	7.823	31.750	48.971
(e) Other Non-current assets
Total Non-Current Assets	894.318	869.374	684.666
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	750.527	674.294	520.615
(c) Trade receivables	514.971	355.015	251.685
(d) Cash and cash equivalents	21.435	17.188	14.238
(e) Short-term loans and advances	51.863	157.149	13.421
(f) Other current assets	0.000	0.000	0.066
Total Current Assets	1338.796	1203.646	800.025
TOTAL	2233.114	2073.020	1484.691

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	1503.158	1262.195	824.456
	Other Income	52.641	34.580	28.363
	TOTAL	1555.799	1296.775	852.819
Less	EXPENSES
	Cost of Materials Consumed	636.557	738.596	415.822
	Purchases of Stock-in-Trade	562.784	289.543	251.386
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	13.586	(23.491)	(16.452)
	Employees benefits expense	87.313	69.403	40.922
	Prior period items			0.012
	Other expenses	50.128	55.638	41.931
	TOTAL	1350.368	1129.689	733.621
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	205.431	167.086	119.198
Less	FINANCIAL EXPENSES	132.284	80.323	48.056
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	73.147	86.763	71.142
Less/ Add	DEPRECIATION/ AMORTISATION	29.535	17.209	13.689
	PROFIT/ (LOSS) BEFORE TAX	43.612	69.554	57.453
Less	TAX	11.653	19.828	15.386
	PROFIT/ (LOSS) AFTER TAX	31.959	49.726	42.067
	Earnings / (Loss) Per Share (Rs.)	11.35	22.00	18.61

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	66.068	58.393	N.A
Cash generated from operations	N.A	N.A	N.A

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	2.13	3.94	5.10
Operating Profit Margin (PBIDT/Sales)	(%)	13.67	13.24	14.46
Return on Total Assets (PBT/Total Assets}	(%)	2.00	3.65	4.77
Return on Investment (ROI) (PBT/Networth)		0.10	0.22	0.22
Debt Equity Ratio (Total Debt /Networth)		2.76	3.26	2.47
Current Ratio (Current Asset/Current Liability)		1.29	1.15	1.07

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	22.600	22.600	28.149
Reserves & Surplus	237.272	286.997	388.319
Net worth	259.872	309.597	416.468
long-term borrowings	430.960	651.980	684.273
Short term borrowings	211.506	299.940	399.205
Current maturities of long-term debts	0.000	58.393	66.068
Total borrowings	642.466	1010.313	1149.546
Debt/Equity ratio	2.472	3.263	2.760

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	824.456	1262.195	1503.158
		53.094	19.091

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Sales	824.456	1262.195	1503.158
Profit	42.067	49.726	31.959
	5.10%	3.94%	2.13%

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	Yes
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	Yes
8	Designation of contact person
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	Yes
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	No
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	No
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	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Other loans and advances	158.316	83.586
Loans repayable on demand from bank	80.433	89.221
Total	238.749	172.807

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10450448	09/09/2013	8,325,374.00	BAJAJ FINANCE LIMITED	AKURDI, PUNE, MAHARASHTRA - 411035, INDIA	B85523348
2	10336865	27/03/2014 *	1,150,100,000.00	ALLAHABAD BANK	SECTOR 4 & 7, CROSSING RAILWAY ROAD, GURGAON, HARYANA - 122001, INDIA	C03806668
3	10337021	24/01/2012	62,200,000.00	ALLAHABAD BANK	SECTOR-4, RAILWAY ROAD, GURGAON, HARYANA - 122001, INDIA	B32728214
4	10337011	24/01/2012	197,700,000.00	ALLAHABAD BANK	SECTOR-4, RAILWAY ROAD, GURGAON, HARYANA - 122001, INDIA	B32725996
5	10264380	25/06/2011 *	470,000,000.00	ALLAHABAD BANK	SECTOR 4, GURGAON, HARYANA - 122001, INDIA	B18277491

*Date of modification Charges

FIXED ASSETS

· Land

· Building

· Plant and Machinery

· Computer

· Vehicles

· Furniture and Fixture

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.63.66
UK Pound	1	Rs.100.50
Euro	1	Rs.71.31

INFORMATION DETAILS

Information Gathered by :	SUV
Analysis Done by :	TRI
Report Prepared by :	RKI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	6
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILITY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		48

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.