MIRA INFORM REPORT

Report No. :	329367
Report Date :	25.06.2015

IDENTIFICATION DETAILS

Name :	STONE POLYMERS PRIVATE LIMITED
Registered Office :	1015, Hubtown Viva, Akruti Trade PT, CTS 330(PT), MTR Room No. 2, Shankarwadi, Western Express Highway Near Shankarwadi Jogeshwari(East), Mumbai – 400060, Maharashtra
Tel. No.:	91-22-67080474
Country :	India
Financials (as on) :	Not Available
Date of Incorporation :	29.05.2015
Com. Reg. No.:	11-265046
Capital Investment / Paid-up Capital :	Rs.0.100 Million
CIN No.: [Company Identification No.]	U25203MH2015PTC265046
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	Private Limited Liability Company
Line of Business :	Import and Export of various commodities.
No. of Employees :	25 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

NB

RATING	STATUS	PROPOSED CREDIT LINE
NB	New Business

Status :	New Business
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company establishing itself gradually. Ms. Gaushya (Accountant) has provided us with all the information. Subject was incorporated on 29.05.2015. Business is active as per the status shown in registrar of companies. Payment terms are reported to be unknown. Subject can be considered for business dealings on fully safe and secured 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 PARTED BY

Name :	Ms. Gaushya
Designation :	Accountant
Contact No.:	91-22-67080474/475476
Date :	24.06.2015

LOCATIONS

Registered Office :	1015, Hubtown Viva, Akruti Trade PT, CTS 330(PT), MTR Room No. 2, Shankarwadi, Western Express Highway Near Shankarwadi Jogeshwari(East), Mumbai – 400060, Maharashtra, India
Tel. No.:	91-22-67080474/475476
Fax No.:	91-22-28247059
E-Mail :	Stoneexporthouse123@gmail.com
Location :	Owned

DIRECTORS

Name :

Mr. Mehfooz Mehmood Khan

Designation :

Director

Address :

A-Wing, Flat No. 002 and003, Bldg. No. 6, Ram, Rahim Nagar, Gokhivare,, Vasai East - 401208, Maharashtra, India

Date of Birth/Age :

15.06.1965

Qualification:

Graduate

Experience:

More than 20 years

Date of Appointment :

29.05.2015

PAN No.:

AJEPK8475E

DIN No.:

06714030

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	U74999MH2013PTC250035	STONE EXPORT HOUSE PRIVATE LIMITED	Director	12-11-13	12-11-13	-	Active	NO
2	U14290MH2015PTC263639	Fiza Coal Well Private Limited	Director	21-04-15	21-04-15	-	Active	NO
3	U25203MH2015PTC265046	STONE POLYMERS PRIVATE LIMITED	Director	29-05-15	29-05-15	-	Active	NO
4	U93030MH2015PTC264265	STONE ISPAT Private Limited	Director	09-05-15	-	-	Active	NO

Name :

Mrs. Hasina Hasan Choudary

Designation :

Director

Address :

Flat No. 2 and 3, A Wing, Ground Floor, Ram Rahim Na, Evershine City, Vasai East, Thane - 401205, Maharashtra, India

Date of Birth/Age :

22.12.1980

Qualification:

SSC

Experience:

Housewife

Date of Appointment :

29.05.2015

PAN No.:

BAVPC1522M

DIN No.:

07129368

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	U74999MH2013PTC250035	STONE EXPORT HOUSE PRIVATE LIMITED	Additional director	18-02-15	18-02-15	-	Active	NO
2	U25203MH2015PTC265046	STONE POLYMERS PRIVATE LIMITED	Director	29-05-15	29-05-15	-	Active	NO
3	U93030MH2015PTC264265	STONE ISPAT Private Limited	Director	30-05-15	30-05-15	-	Active	NO

KEY EXECUTIVES

Name :	Ms. Gaushya
Designation :	Accountant

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 12.05.2015

Names of Shareholders	No. of Shares	%age holding
Mehfooz Mehmood Khan	9800	98.00
Hasina Hasan Choudary	200	2.00
Total	10000	100.00

BUSINESS DETAILS

Line of Business :	Import and Export of various commodities.
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :
Selling :	Others (90 Days)
Purchasing :	Others (90 Days)

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 :

25 (Approximately)

Bankers :

Banker Name	Bank of India
Branch Address	Mahalaxmi Branch, Mumbai, 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)	Cash Limit25.000 Million
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Auditors :	Not Divulged
Memberships :	--
Collaborators :	--
Associates/Subsidiaries :	Stone Export House Private Limited Address: 410, Hub Town, Viva Western Express Highway, Jogeshwari (East), Mumbai – 400060, Maharashtra, India Line of business: Trading of goods and further import 1 and 2, Scrap, Plastic Granules, Furnace oil, Bitumen 80/100, Bitumen pitch 60/70, Base oil and export of fruits, vegetables, onion, potato, rice, sugar, and glucose liquid. Fiza Coal Well Private Limited Address: 409, Hub Town, Viva Western Express Highway, Jogeshwari (East), Mumbai – 400060, Maharashtra, India Line of business: Import and export of coal and various commodity including trading activities.

CAPITAL STRUCTURE

Authorised Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs. 0.100 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	Rs.10/- each	Rs. 0.100 Million

FINANCIAL DATA

[all figures are in Rupees Million]

NEW COMPANY

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	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	No
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 three years	No
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

INDEX OF CHARGES: NO CHARGES EXIST FOR COMPANY

MR. MEHFOOZ MEHMOOD KHAN

PROVISIONAL CAPITAL ACCOUNTS

Particulars	Rs in Million	Particulars	Rs in Million
To Drawing	0.150	By Opening Balance	2.049
To LIC	1.800	By Gift from father	40.000
		By Profit from partnership firm	1.240
		By Salary from partnership firm	0.960
		By Director remuneration from SEHPL	1.200
		By Advance rent received from FCWPL	0.300
		By Advance rent received from SEFPL	0.300
		By Advance rent received from S(OPC)PL	0.300
Closing Stock	45.899	By Consultancy Fees	1.500
Total	47.849	Total	47.849

PROVISIONAL BALANCE SHEET

SOURCES OF FUNDS		31.03.2015 (provisional)
SHAREHOLDERS FUNDS
1] Share Capital		45.899
2] Share Application Money		0.000
3] Reserves & Surplus		0.000
4] (Accumulated Losses)		0.000
NETWORTH		45.899
LOAN FUNDS
1] Secured Loans		0.000
2] Unsecured Loans		39.500
TOTAL BORROWING		39.500
DEFERRED TAX LIABILITIES		0.000
TOTAL		85.399
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		63.246
Capital work-in-progress		0.000
INVESTMENT		0.000
DEFERREX TAX ASSETS		0.000
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	0.000
	Sundry Debtors	0.000
	Cash & Bank Balances	0.470
	Other Current Assets	21.683
	Loans & Advances	0.000
Total Current Assets		22.153
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	0.000
	Other Current Liabilities	0.000
	Provisions	0.000
Total Current Liabilities		0.000
Net Current Assets		22.152
MISCELLANEOUS EXPENSES		0.000
TOTAL		85.399

PROVISIONAL KEY RATIOS

PARTICULARS	31.03.2015 (provisional)
Debt Equity Ratio (Total Debt /Networth)	0.86
Current Ratio (Current Asset/Current Liability)	1.00

STATEMENT OF TOTAL INCOME FOR ASSESSMENT YEAR 2014-2015

PARTICULARS	RS IN MILLION
1 Income form Salary
From SEHPL	1.200
From Stone Export House	0.960	2.160
i) Income From House Property
Net Annual Value	0.900
Less: Standard Deduction 30% U/S 24	0.270	0.630
ii) Income From Business and Profession
Consultancy Fees	1.500
Profit from partnership firm	1.240
Less : U/s 10 (2A)	1.240	1.500
GROSS TOTAL INCOME		4.290
Less: Deductions Under Sec 80-C
LIC		0.150
GROSS TAXABLE INCOME		4.140
ROUNDED OFF		4.140
Tax Computation
Tax on Total Income of Rs. 4.140		1.067
Add: Education Cess @ 3%		0.032
NET TAX PAYABLE		1.099

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.63.67
UK Pound	1	Rs.100.50
Euro	1	Rs.71.31

INFORMATION DETAILS

Information Gathered by :	SVA
Analysis Done by :	SAN
Report Prepared by :	KVT

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.