MIRA INFORM REPORT

Report No. :	329266
Report Date :	29.06.2015

IDENTIFICATION DETAILS

Name :	SIR BIO TECH INDIA LIMITED (w.e.f. 20.10.2006)
Formerly Known As :	RAGHUNATH OVERSEAS LIMITED (w.e.f. 19.11.1998) RAGHUNATH TEXTILES LIMITED
Registered Office :	6926, Jaipuria Mills, Clock Tower, Sabzi Mandi, New Delhi – 110007
Tel. No.:	91-11-23852583
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	15.05.1995
Com. Reg. No.:	55-068537
Capital Investment / Paid-up Capital :	Rs. 37.971 Million
CIN No.: [Company Identification No.]	U51109DL1995PLC068537
IEC No.:	0501068562
TAN No.: [Tax Deduction & Collection Account No.]	DELR05789A
PAN No.: [Permanent Account No.]	AAACR4132P
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer, Importer and Processors of Natural and Herbal Extracts and Agro Commodities.
No. of Employees :	25 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

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

Maximum Credit Limit :	USD 5000000
Status :	Satisfactory
Payment Behaviour :	Usually Correct
Litigation :	Clear
Comments :	Subject is an established company having satisfactory track record. It is classified as Indian Non – Government Company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs.47.300 Million and its paid up capital is Rs.37.971 Million. Overall financial position of the company seems to be decent. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments. The company can be considered for the 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 PARTED BY

Name :	Mr. Vishal Saxena
Designation :	Director
Contact No.:	91-9922014232
Date :	29.06.2015

LOCATIONS

Registered Office :	6926, Jaipuria Mills, Clock Tower, Sabzi Mandi, New Delhi, Delhi – 110007, India
Tel. No.:	91-11-23852583
Mobile No.:	91-9922014232 (Mr. Vishal Saxena)
Fax No.:	91-11-23852666
E-Mail :	ipa.90a@gmail.com rgc.secretarial@rediffmail.com rgarcade@rediffmail.com
Website :	http://www.sbtil.com
Location :	Owned
Locality:	Commercial
Factory :	Mandhana, Bithoor Road, Village Chaudharipur, Bithoor, Kanpur – 209201, India
Tel. No.:	91-512-2790465
Fax No.:	91-512-2790196
E-Mail :	connect@bilogicsglobal.com vikash.mohanty@gmail.com rahulparth@gmail.com
Location :	Rented
Branch Office :	SGM Plaza, 8/226, Arya Nagar, Kanpur – 208001, India
Tel No.:	91-512-2552794
Area :	4500 sq. ft.
Location :	Rented
Corporate/ Branch Office :	N – 50, Phase IV, Near Asian Paint, D Link Godown, Verna Industrial Estate, Verna, Goa – 403722, India
Tel. No.:	91-832-3220465
Area :	160000 sq. ft.
Location :	Rented
Branch Office :	Chalta No.4-C, of P. T. Sheet No.17, Tiswadi Taluka, Panaji, Goa, India

DIRECTORS

As on 30.09.2014

Name :

Mr. Jai Prakash Agrawal

Designation :

Managing Director

Address :

14/62, Civil Lines, Head Post Office, Kanpur-208 001, Uttar Pradesh, India

Date of Birth/Age :

01.04.1962

Date of Appointment :

31.03.2012

PAN No.:

AANPA1971F

DIN No.:

00172121

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	U51311DL2003PTC120298	PRERIT IMPEX PRIVATE LIMITED	Director	28/12/2004	28/12/2004	05/02/2014	Active	NO
2	U85110UP1990PTC012217	MALBROS PHARMACEUTICALS PVT LTD	Director	28/03/2005	28/03/2005	-	Active	NO
3	U18101DL2005PTC136254	ELITE CREATIONS PRIVATE LIMITED	Director	16/05/2005	16/05/2005	-	Active	NO
4	U45201DL2005PTC140605	CREATIVE INFRA-CON PRIVATE LIMITED	Director	12/09/2005	12/09/2005	20/06/2014	Active	NO
5	U45201DL2005PTC140612	SUN VALLEY TOWERS PRIVATE LIMITED	Director	20/10/2005	20/10/2005	-	Active	NO
6	U70101DL2005PTC141979	SUNSHINE REALTY PRIVATE LIMITED	Director	20/10/2005	20/10/2005	-	Active	NO
7	U70101DL2005PTC141981	SACH PROPERTIES PRIVATE LIMITED	Director	20/10/2005	20/10/2005	20/06/2014	Active	NO
8	U70101DL2005PTC141969	JBG PROJECTS PRIVATE LIMITED	Director	20/10/2005	20/10/2005	20/06/2009	Active	NO
9	U74899DL2005PTC141970	SUNRISE INFRA DEVELOPERS PVT LTD	Director	20/10/2005	20/10/2005	27/05/2013	Active	NO
10	U70101DL2005PTC141984	GOODLUCK TECH - CON PRIVATE LIMITED	Director	25/10/2005	25/10/2005	20/06/2014	Active	NO
11	U45201DL2005PTC143998	MOONLITE HOME DEVELOPERS PRIVATE LIMITED	Director	22/12/2005	22/12/2005	-	Active	NO
12	U45201DL2005PTC144002	RPA PROMOTER AND BUILDER PRIVATE LIMITED	Director	22/12/2005	22/12/2005	-	Amalgamated	NO
13	U74899DL2005PTC144001	JAI LAND DEVELOPERS PRIVATE LIMITED	Director	22/12/2005	22/12/2005	-	Active	NO
14	U45201DL2005PTC143994	KRISHANLOK HOME AND TOWERS PRIVATE LIMITED	Director	22/12/2005	22/12/2005	20/06/2009	Active	NO
15	U45201DL2005PTC144014	SAKSHAM BUILDTECH PRIVATE LIMITED	Director	23/12/2005	23/12/2005	20/06/2009	Active	NO
16	U74899DL2006PTC144688	GOODLOOK INFRA- PROJECTS PRIVATE LIMITED	Director	10/01/2006	10/01/2006	-	Active	NO
17	U63090DL2006PTC144694	VARAMA SIR INDIA LOGISTIC AND INFRASTRUCTURE PRIVATE LIMITED	Director	10/01/2006	10/01/2006	20/06/2014	Active	NO
18	U45201DL2005PTC140960	LOTUS INFRA-PROJECTS PRIVATE LIMITED	Director	10/01/2006	10/01/2006	27/08/2014	Active	NO
19	U74899DL2006PTC144687	SAKJ HOME PROJECTS PRIVATE LIMITED	Director	10/01/2006	10/01/2006	20/06/2014	Active	NO
20	U45201DL2006PTC144693	JAIJAY INFRA PROJECTS PRIVATE LIMITED	Director	10/01/2006	10/01/2006	20/06/2014	Active	NO
21	U74899DL2006PTC144691	SA HOME AND ESTATE PRIVATE LIMITED	Director	10/01/2006	10/01/2006	20/06/2014	Active	NO
22	U74899DL2006PTC144661	JPPJ BUILD ESTATE PRIVATE LIMITED	Director	10/01/2006	10/01/2006	20/06/2009	Active	NO
23	U45201DL2006PTC145036	BHOLANATH REAL ESTATE PRIVATE LIMITED	Director	18/01/2006	18/01/2006	20/06/2014	Active	NO
24	U45201DL2006PTC145041	DAWN BUILDERS AND DEVELOPERS PRIVATE LIMITED	Director	18/01/2006	18/01/2006	30/09/2014	Active	NO
25	U45201DL2006PTC145042	HI-IMAGE HOME ESTATE PRIVATE LIMITED	Director	18/01/2006	18/01/2006	20/06/2014	Active	NO
26	U45202DL2006PTC145043	RPA BUILD ESTATE PRIVATE LIMITED	Director	18/01/2006	18/01/2006	20/06/2014	Active	NO
27	U45201DL2006PTC145357	GANGESHWER HOMES AND ESTATES PRIVATE LIMITED	Director	24/01/2006	24/01/2006	20/06/2014	Active	NO
28	U45201DL2006PTC145878	TRINITY LAND BASE PRIVATE LIMITED	Director	03/02/2006	03/02/2006	-	Amalgamated	NO
29	U45201DL2006PTC145864	TARGET INFRAPROJECTS PRIVATE LIMITED	Director	03/02/2006	03/02/2006	20/06/2014	Active	NO
30	U45201DL2006PTC145867	LIFE STYLE BUILD TECH PRIVATE LIMITED	Director	03/02/2006	03/02/2006	20/06/2014	Active	NO
31	U45201DL2006PTC145870	FOCUS REAL ESTATE DEVELOPERS PRIVATE LIMITED	Director	03/02/2006	03/02/2006	20/02/2013	Active	NO
32	U45201DL2005PTC144015	EVERBRIGHT INFRA-DEVELOPERS PRIVATE LIMITED	Director	01/04/2006	01/04/2006	-	Active	NO
33	U65910UP1995PTC019040	SGM Club and Entertainment Private Limited	Director	17/08/2006	17/08/2006	01/06/2012	Active	NO
34	U51109DL1995PLC068537	SIR BIO TECH INDIA LIMITED	Managing director	31/03/2012	21/10/2006	-	Active	NO
35	U45201UP2005PTC029880	VINAYAK SHREE REAL ESTATE PRIVATE LIMITED	Director	28/11/2006	28/11/2006	-	Active	NO
36	U74899DL1994PTC061224	RAGHUNATH HOLDINGS AND FINLEASE Private Limited	Director	28/03/2007	28/03/2007	-	Active	NO
37	U45400DL2007PTC165248	Yuvraj Infraproject Private Limited	Director	27/06/2007	27/06/2007	-	Amalgamated	NO
38	U45400DL2007PTC165251	Yuvraj Developers Private Limited	Director	27/06/2007	27/06/2007	-	Amalgamated	NO
39	U51909DL2007PTC165256	Vinod Vyapar Private Limited	Director	27/06/2007	27/06/2007	20/06/2014	Active	NO
40	U45400DL2007PTC165253	Yuvraj Builders Private Limited	Director	27/06/2007	27/06/2007	20/06/2014	Active	NO
41	U24232DL2007PTC165600	HERBAL BIOSCIENCES PRIVATE LIMITED	Director	06/07/2007	06/07/2007	-	Active	NO
42	U16008DL2007PTC168326	SUNRAYS BETELNUT PRODUCT PRIVATE LIMITED	Director	18/09/2007	18/09/2007	01/09/2011	Active	NO
43	U70200DL2007PTC168404	Sunrays Buildwell Private Limited	Director	19/09/2007	19/09/2007	20/06/2014	Active	NO
44	U51109WB1995PLC074845	CELESTE MERCHANDISE Limited	Director	15/11/2007	15/11/2007	-	Active	NO
45	U45206DL2008PTC179343	Kedia Projects Private Limited	Additional director	01/03/2010	01/03/2010	-	Active	NO
46	U74999GA2010PTC006347	DAMODAR INFRASTRUCTURE (INDIA) PRIVATE LIMITED	Director	12/04/2010	12/04/2010	-	Active	NO
47	U45201DL2005PTC140609	SUPERFLY BUILDTECH PRIVATE LIMITED	Director	30/03/2012	30/03/2012	-	Active	NO
48	U92141DL2005PTC138050	TRENDY BUILDCON PRIVATE LIMITED	Director	30/03/2012	30/03/2012	-	Active	NO
49	U21011UP1991PTC012640	SHREE MAA MERCANTILES PRIVATE LIMITED	Director	29/09/2012	24/09/2012	20/06/2014	Active	NO

Name :

Mr. Dalmia Yuvraj

Designation :

Whole Time Director

Address :

16/79 - , Civil Lines, Kanpur – 208001, Uttar Pradesh, India

Date of Birth/Age :

11.03.1988

Date of Appointment :

01.08.2012

DIN No.:

03256880

Other Directorship:

.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	U51109DL1995PLC068537	SIR BIO TECH INDIA LIMITED	Whole-time director	01/08/2012	10/12/2010	-	Active	NO
2	U45400WB2010PTC142280	DAYANIDHI NIRMAN PRIVATE LIMITED	Director	07/03/2013	07/03/2013	-	Active	NO
3	U45400WB2009PTC134028	DURGESH ABASAN PRIVATE LIMITED	Director	07/03/2013	07/03/2013	-	Active	NO
4	U45201DL2006PTC145864	TARGET INFRAPROJECTS PRIVATE LIMITED	Director	30/09/2014	20/06/2014	-	Active	NO
5	U45201DL2006PTC145869	GLORY REALTY SOLUTIONS PRIVATE LIMITED	Additional director	20/06/2014	20/06/2014	-	Active	NO
6	U45201DL2006PTC145036	BHOLANATH REAL ESTATE PRIVATE LIMITED	Additional director	20/06/2014	20/06/2014	-	Active	NO
7	U45201DL2006PTC145357	GANGESHWER HOMES AND ESTATES PRIVATE LIMITED	Additional director	20/06/2014	20/06/2014	-	Active	NO
8	U74899DL2006PTC144687	SAKJ HOME PROJECTS PRIVATE LIMITED	Additional director	20/06/2014	20/06/2014	-	Active	NO
9	U74899DL2006PTC144691	SA HOME AND ESTATE PRIVATE LIMITED	Additional director	20/06/2014	20/06/2014	-	Active	NO
10	U63090DL2006PTC144694	VARAMA SIR INDIA LOGISTIC AND INFRASTRUCTURE PRIVATE LIMITED	Director	30/09/2014	20/06/2014	-	Active	NO
11	U45201DL2006PTC145867	LIFE STYLE BUILD TECH PRIVATE LIMITED	Director	29/09/2014	20/06/2014	-	Active	NO
12	U70101DL2005PTC141984	GOODLUCK TECH - CON PRIVATE LIMITED	Director	30/09/2014	20/06/2014	-	Active	NO
13	U65929WB1989PTC135154	JNJ FINANCECOMPANY PRIVATE LIMITED	Additional director	21/07/2014	21/07/2014	-	Active	NO

Name :

Mr. Vishal Saxena

Designation :

Director

Address :

G-3, Block A, Maynard Beach Palace, Benaulim, Salcete, Margao- - 403601, Goa, India

Date of Birth/Age :

13.07.1972

Date of Appointment :

01.10.2010

DIN No.:

01579368

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	U51109DL1995PLC068537	SIR BIO TECH INDIA LIMITED	Director	30/09/2011	04/06/2007	-	Active	NO
2	U51109WB1995PLC074845	CELESTE MERCHANDISE LIMITED	Director	15/11/2007	15/11/2007	-	Active	NO
3	U63090DL2006PTC144694	VARAMA SIR INDIA LOGISTIC AND INFRASTRUCTURE PRIVATE LIMITED	Additional director	01/04/2008	01/04/2008	17/04/2010	Active	NO
4	U18101DL2005PTC136254	ELITE CREATIONS PRIVATE LIMITED	Director	15/05/2008	15/05/2008	17/04/2010	Active	NO
5	U45400WB2010PTC142280	DAYANIDHI NIRMAN PRIVATE LIMITED	Director	07/03/2013	07/03/2013	-	Active	NO
6	U51909WB2010PTC142307	RATHYATRA DISTRIBUTOR PRIVATE LIMITED	Director	07/03/2013	07/03/2013	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Amitabh Agarwal
Designation :	Secretary
Address :	117/40-C, R.K. Society, Sharda Nagar, Kanpur - 208025, Uttar Pradesh, India
Date of Birth/Age :	11.05.1975
Date of Appointment :	20/04/2010

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2014

Names of Shareholders	No. of Shares
Jai Prakash Agrawal	146000
Om Prakash Agrawal	361500
Alka Dalmia	98000
Geeta Agarwal	31200
Ranjana Agarwal	711000
P.J. Software Limited, India	11262000
RTCL Limited, India	5936870
Eternity Township Private Limited, India	141100
Raghunath Builders Private Limited, India	64450
Muskan Towers Private Limited, India	35000
Celeste Merchandise Limited, India	1426300
Prabhu Dhan Travels (Private) Limited, India	862850
Damodar Infrastructure (India) Private Limited, India	6936965
Geeta Devi	7000
Mohit Agency-Prop. Gayatri Gupta	6900
Rohit Agency – Prop Raj Kumar(HUF)	18350
Prakhar Dalmia	25000
Stuti Dalmia	57000
JNJ Finance Company Pvt. Ltd	9839450
Total	37966935

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2014

Category	Percentage
Bodies corporate	96.15
Directors or relatives of Directors	3.77
Other top fifty shareholders	0.08
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer, Importer and Processors of Natural and Herbal Extracts and Agro Commodities.
Products :	Not Available
Brand Names :	Not Divulged
Agencies Held :	Not Divulged
Exports :	Not Divulged
Imports :
Products :	Raw Material
Countries :	Saudi Arabia South Africa
Terms :
Selling :	Cash and Credit
Purchasing :	Cash and Credit

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 :

• HDFC bank Limited – Margaon Branch, Goa, India
• Bank of Baroda – Panaji Branch, Goa, India
• State Bank of India – M.G. Road Branch, Kanpur, Uttar Pradesh, India
• ICICI Bank Limited – Maharashtra, India

Bank Name	Allahabad Bank
Branch	Swaroop Nagar, Kanpur – 208001, Uttar Pradesh, 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 :	Kumar Piyush and company Chartered Accountants
Address :	C-5, Lajpat Nagar-III, New Delhi – 110024, Delhi, India
Tel. No.:	91-11-29830208/29830220
Mobile No.:	91-9312940592
Fax No.:	91-11-29847424
E-Mail :	virendradel@gmail.com
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFK7949J
Memberships :	Not Available
Collaborators :	Not Available
Subsidiaries :	Angel Tech Build Private Limited GPJ Build Tech private Limted Kedia Project Private Limited SBTIL Minerals and Agro commodities FZE CIN No:U45201DL2006PTC145872 · Bhola Nath Real Estate Private Limited CIN No:U45201DL2006PTC145036 · Glorious Towers Private Limited CIN No:U70101DL2005PTC141972 · JPJ Builwell Private Limited CIN No:U74899DL2005PTC141982 · JBG Projects Private Limited CIN No:U70101DL2005PTC141969 · JPPJ Build Estate Private Limited CIN No:U74899DL2006PTC144661 · Krishanlok Home and Towers Private Limited CIN No:U45201DL2005PTC143994 · Rounak Build Priavte Limited CIN No:U45201DL2006PTC145044 · SKG Colonizers Private Limited CIN No:U70101DL2005PTC142020 · Spring Bird Apartments Private Limited CIN No:U45201DL2006PTC145865 · Shreesri Buildtech Private Limited CIN No:U45201DL2006PTC144675

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
47300000	Equity Shares	Rs.1/- each	Rs. 47.300 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
38957085	Equity Shares	Rs.1/- each	Rs. 38.957 Million

As on 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
47300000	Equity Shares	Rs.1/- each	Rs.47.300 Million

Issued, & Subscribed

No. of Shares	Type	Value	Amount
40166935	Equity Shares	Rs.1/- each	Rs.40.166Million

Paid-up Capital :

No. of Shares	Type	Value	Amount
39066935	Equity Shares	Rs.1/- each	Rs.39.066 Million

After 30.09.2014

Authorised Capital : Rs.47.300 Million

Issued, Capital : Rs.37.971 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	38.957	33.925	29.030
(b) Reserves & Surplus	1741.358	1507.781	1279.443
(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)	1780.315	1541.706	1308.473
(3) Non-Current Liabilities
(a) long-term borrowings	52.528	11.087	7.213
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	5.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	52.528	11.087	12.213
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	0.000	0.000	0.000
(c) Other current liabilities	88.688	109.008	73.110
(d) Short-term provisions	13.016	9.332	20.323
Total Current Liabilities (4)	101.704	118.340	93.433
TOTAL	1934.547	1671.133	1414.119
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	120.882	122.338	36.432
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	142.379	89.487	143.433
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	392.898	244.095	245.702
(c) Deferred tax assets (net)	1.185	1.185	1.185
(d) Long-term Loan and Advances	307.278	291.784	223.109
(e) Other Non-current assets	177.113	177.114	177.114
Total Non-Current Assets	1141.735	926.003	826.975
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	587.159	514.939	369.854
(c) Trade receivables	102.797	49.596	17.638
(d) Cash and cash equivalents	102.856	180.595	199.652
(e) Short-term loans and advances	0.000	0.000	0.000
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	792.812	745.130	587.144
TOTAL	1934.547	1671.133	1414.119

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	114.507	96.463	103.945
		Other Income	21.184	17.520	13.841
		TOTAL	135.692	113.984	117.744
Less	EXPENSES
		Cost of Materials Consumed/Other Direct Cost	3.524	3.237	1.773
		Purchase of Trading Goods	28.636	0.000	0.000
		Project Construction Expense-RCC	0.530	0.000	0.000
		Project Construction Expense-Panjiphoond	12.002	0.643	4.174
		Project Construction Expense-Almore	52.627	0.000	0.000
		Project Construction Expense-Deao	0.202	0.000	0.000
		Project Work In Progress	31.630	201.341	125.407
		Purchase of Flates at NRI Heights	4.900	0.000	0.000
		Purchase/ WIP Geet Sagar	0.500	0.000	0.000
		Purchase of Land	21.048	0.000	0.000
		Increase in (Decrease) Inventory	(72.356)	(145.560)	(50.848)
		Employees benefits expense	9.274	15.409	12.161
		Other expenses	20.919	10.612	11.323
		TOTAL	112.707	85.683	103.991
Less	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION		(22.256)	28.350	13.753
Less	FINANCIAL EXPENSES		3.817	7.105	1.907
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		26.073	21.245	11.846
Less	DEPRECIATION/ AMORTISATION		13.602	13.272	4.857
	PROFIT/(LOSS) BEFORE TAX		12.063	7.973	6.989
Less	TAX		2.424	4.806	4.708
	PROFIT/(LOSS) AFTER TAX		9.639	3.167	2.281
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		30.164	27.496	25.714
	BALANCE CARRIED TO THE B/S		39.803	30.663	27.997
Less:	APPROPRIATIONS
	Transfer to General Reserve		(0.500)	(0.500)	(0.500)
	EARNINGS IN FOREIGN CURRENCY		3.146	7.225	13.386
	EXPENSES IN FOREIGN CURRENCY		2.137	5.021	NA
	Earnings Per Share (Rs.)		0.25	0.09	0.08

Particulars	31.03.2015
Sales Turnover	160.000

The above information has been parted by Mr. Vishal Saxena (Director)

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	NA	NA	NA
Cash generated from operations	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	8.42	3.28	2.19
Operating Profit Margin (PBIDT/Sales)	(%)	25.75	29.39	13.23
Return on Total Assets (PBT/Total Assets}	(%)	0.86	0.60	0.68
Return on Investment (ROI) (PBT/Networth)		0.01	0.01	0.01
Debt Equity Ratio (Total Debt /Networth)		0.03	0.01	0.01
Current Ratio (Current Asset/Current Liability)		7.80	6.30	6.28

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	29.030	33.925	38.957
Reserves & Surplus	1279.443	1507.781	1741.358
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	1308.473	1541.706	1780.315
long-term borrowings	7.213	11.087	52.528
Short term borrowings	0.000	0.000	0.000
Total borrowings	7.213	11.087	52.528
Debt/Equity ratio	0.006	0.007	0.030

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	103.945	96.463	114.508
		(7.198)	18.707

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	103.945	96.463	114.508
Profit	2.281	3.167	9.639
	2.19%	3.28%	8.42%

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
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted
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
12	Voter Id Card No. of Proprietor / Partners
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)
16	No. of employees
17	Details of sister concerns
18	Major suppliers
19	Major customers
20	Banking Details	Yes
21	Banking facility details
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
29	Profitability for last three years	Yes
30	Major shareholders, if available	Yes
31	External Agency Rating, if available
32	Litigations that the firm/promoter involved in	--
33	Market information	--
34	Payments terms
35	Negative Reporting by Auditors in the Annual Report	No

NOTE: Corporate/Branch office of the company has been shifted from A/2, Solitaire Villas, Kirbhat Nuvem, Margao Goa-403 604, India to the present address.

OPERATIONS:

During the year, the sales and other income of the company increased to Rs.135.693 Million as compared to Rs.113.984 Million in the previous year.

However the profit of the company increased to Rs.12.063 Million in comparison to Rs.7.974 Million in the previous year and net profit (after adjustment of Extra Ordinary Items and Taxes) increased to Rs.9.640 Million as compared to Rs.3.168 Million in the previous year.

The company will continue to be responsive to be change in market dynamics and consumer behavior and other key factors influencing the business, and will formulate its strategic accordingly.

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

FIXED ASSETS

· Land

· Building

· Plant and Machinery

· Laboratory Equipment

· Electric installation

· Office Equipment

· Furniture and Fixture

· Computer

· Vehicles

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.63.60
UK Pound	1	Rs.100.09
Euro	1	Rs.71.23

INFORMATION DETAILS

Information Gathered by :	NYA
Analysis Done by :	RSH
Report Prepared by :	PJA

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	5
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	6
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	6
--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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		49

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.