MIRA INFORM REPORT

Report No. :	328675
Report Date :	26.06.2015

IDENTIFICATION DETAILS

Name :	MOONFLOWER COTEX PRIVATE LIMITED
Registered Office :	B-0016 Vikas Center S.V. Road Santacruz (West), Mumbai - 400054, Maharashtra, India
Tel. No.:	91-22-42766666
Country :	India
Financials (as on) :	31.03.2014
Year of Establishment:	19.04.2013
Com. Reg. No.:	11-242107
Capital Investment / Paid-up Capital :	Rs.0.100 Million
TIN No.:	Not Available
CIN No.: [Company Identification No.]	U17120MH2013PTC242107
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	MUMM45125D
PAN No.: [Permanent Account No.]	AAICM5709P
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer and Importer of Textile Goods.
No. of Employees :	15 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ca (19)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Even though the company was incorporated during 19^th April 2013, it will commenced its business activities from September 2015. Mr. Dinesh, Accountant has provided the general information to us and further he also claimed that company will start its business activities from September 2015. Asper registrar of company business is active. Payment are reported to unknown. In view of yet to commence of its business activities, the company can be considered dealings with some caution.

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 INFORMATION)

Name :	Mr. Dinesh
Designation :	Accountant
Contact No.:	91-8652617178
Date :	24.06.2015

LOCATIONS

Registered Office :	B-0016 Vikas Center S.V. Road Santacruz (West), Mumbai - 400054, Maharashtra, India
Tel. No.:	91-22-42766666
Mobile No.:	91-8652617178 (Mr. Dinesh)
Fax No.:	Not Available
E-Mail :	accounts.mumbai@rubicotex.in
Factory:	Shirpur, Delhi, India

DIRECTORS

AS ON 30.09.2014

Name :

Mr. Utpal Harivallabh Bhayani

Designation :

Director

Address :

12 Madhuvan, 81 Saraswati Road, Santacruz(W), Mumbai - 400054, Maharashtra, India

Date of Birth/Age :

10.10.1953

Date of Appointment :

19.04.2013

DIN No.:

00654039

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	U18101MH2004PTC145334	SHIRPUR TEX FAB PRIVATE LIMITED	Director	25/03/2004	25/03/2004	-	Active	NO
2	U17299MH2007PTC167840	AADITYA TEXTILES PRIVATE LIMITED	Director	13/02/2007	13/02/2007	05/08/2013	Active	NO
3	U17120MH2010PTC199846	Hiral Knit Tex private Limited	Director	08/02/2010	08/02/2010	-	Active	NO
4	U17120MH2010PTC200417	MANDAR TEXFAB PRIVATE LIMITED	Director	25/02/2010	25/02/2010	-	Active	NO
5	U80301MH2010NPL209386	SVKM FOUNDATION	Director	25/10/2010	25/10/2010	-	Active	NO
6	U17299MH2010PTC211446	ZIRCON COTEX PRIVATE LIMITED	Director	27/12/2010	27/12/2010	-	Active	NO
7	U17120MH2011PTC212168	DHRUV COTEX PRIVATE LIMITED	Director	11/01/2011	11/01/2011	-	Active	NO
8	U17291MH2011PTC218057	Vamdev Textiles Private Limited	Director	30/05/2011	30/05/2011	-	Active	NO
9	U17291MH2012PTC227815	SOMDEV TEX FAB PRIVATE LIMITED	Director	07/03/2012	07/03/2012	-	Active	NO
10	U22100MH1995PTC105301	IMAGE PUBLICATIONS PRIVATE LIMITED	Director	01/11/2012	01/11/2012	-	Active	NO
11	U17291MH2012PTC238438	PRANAVA TEXFAB PRIVATE LIMITED	Director	03/12/2012	03/12/2012	-	Active	NO
12	U17120MH2013PTC242107	MOONFLOWER COTEX PRIVATE LIMITED	Director	19/04/2013	19/04/2013	-	Active	NO
13	U17200MH2013PTC243995	BRAHMAPUTRA COTEX PRIVATE LIMITED	Director	04/06/2013	04/06/2013	-	Active	NO

Name :

Mrs. Kajal Swapnil Mandore

Designation :

Director

Address :

236, Navi Peth, Jalgaon, 425001, Maharashtra, India

Date of Birth/Age :

07.08.1983

Date of Appointment :

19.04.2013

DIN No.:

03529522

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	U17291MH2011PTC214564	TANMAY COTEX PRIVATE LIMITED	Director	18/05/2011	18/05/2011	-	Active	NO
2	U17120MH2012PTC237980	LUPINE TEXTILES PRIVATE LIMITED	Director	16/11/2012	16/11/2012	-	Active	NO
3	U17291MH2012PTC238198	IRIS FABRICS PRIVATE LIMITED	Director	23/11/2012	23/11/2012	-	Active	NO
4	U17299MH2012PTC238855	CHERRY BLOSSOM TEXFAB PRIVATE LIMITED	Director	15/12/2012	15/12/2012	-	Active	NO
5	U17120MH2013PTC242107	MOONFLOWER COTEX PRIVATE LIMITED	Director	19/04/2013	19/04/2013	-	Active	NO
6	U17120MH2013PTC243846	AYODHYA FABRICS PRIVATE LIMITED	Director	31/05/2013	31/05/2013	-	Active	NO
7	U17291MH2013PTC248967	ARADHYA TEXTILES PRIVATE LIMITED	Director	08/10/2013	08/10/2013	-	Active	NO
8	U17291MH2014PTC256975	DAISY COTEX PRIVATE LIMITED	Director	07/08/2014	07/08/2014	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Dinesh
Designation :	Accountant

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2014

Names of Shareholders	No. of Shares
Utpal Bhayani	3500
Kajal Mandore	2000
Anurag Sharma	1000
Rima Patel	3500
Total

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2014

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer and Importer of Textile Goods.
Products :	Textile Goods
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :
Products :	Raw Material
Countries :	China Japan
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 :

Wholesalers, Retailers and End Users

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 :

15 (Approximately)

Bankers :

Bank Name	Dena Bank
Branch	Vileparle (East), 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)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Auditors :
Name :	Shrikesh V. Rathi and Company Chartered Accountants
Address :	Kishore, Kunj, Marwadi Lane, Shirpur - 425405, Maharashtra, India
Tel. No.:	91-2563-255005, 2562-236435
Mobile No.:	91-9422791653
E-Mail :	vmrathi555@gmail.com
PAN N Income-tax PAN of auditor or auditor's firm :	AJHPR5874R
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
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]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100
(b) Reserves & Surplus	0.000
(c) Money received against share warrants	0.000
(2) Share Application money pending allotment	0.000
Total Shareholders’ Funds (1) + (2)	0.100
(3) Non-Current Liabilities
(a) long-term borrowings	0.000
(b) Deferred tax liabilities (Net)	0.000
(c) Other long term liabilities	0.000
(d) long-term provisions	0.000
Total Non-current Liabilities (3)	0.000
(4) Current Liabilities
(a) Short term borrowings	0.000
(b) Trade payables	0.000
(c) Other current liabilities	0.000
(d) Short-term provisions	0.003
Total Current Liabilities (4)	0.003
TOTAL	0.103
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000
(ii) Intangible Assets	0.000
(iii) Capital work-in-progress	0.000
(iv) Intangible assets under development	0.000
(b) Non-current Investments	0.000
(c) Deferred tax assets (net)	0.000
(d) Long-term Loan and Advances	0.000
(e) Other Non-current assets	0.000
Total Non-Current Assets	0.000
(2) Current assets
(a) Current investments	0.000
(b) Inventories	0.000
(c) Trade receivables	0.000
(d) Cash and cash equivalents	0.097
(e) Short-term loans and advances	0.000
(f) Other current assets	0.005
Total Current Assets	0.102
TOTAL	0.102

PROFIT & LOSS ACCOUNT

NOT AVAILABLE

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014
Current Maturities of Long term debt	N.A
Cash generated from operations	N.A

KEY RATIOS

PARTICULARS	31.03.2014
Current Ratio (Current Asset/Current Liability)	34.00

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)	Yes
16	No. of employees	Yes
17	Details of sister concerns	No
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	No
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 one years	No
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	No
29	Profitability for last one year	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

INDEX OF CHARGES:

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10559818	30/01/2015 *	24,700,000.00	DENA BANK	VILE PARLE (EAST) BRANCH, KRISHNA BHAVAN, 67, NEHRU ROAD, VILEPARLE- EAST, MUMBAI, MAHARASHTRA - 400057, INDIA	C54308366

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.63.61
UK Pound	1	Rs.99.79
Euro	1	Rs.71.16

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	KSH
Report Prepared by :	RKI

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILITY	1~10	2
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	2
--RESERVES	1~10	2
--CREDIT LINES	1~10	2
--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		11

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.