MIRA INFORM REPORT

Report No. :	312592
Report Date :	18.03.2015

IDENTIFICATION DETAILS

Name :	RNV INDUSTRIES PRIVATE LIMITED

Registered Office :	15-B Chander Mukhi Building Backbay Reclamation, Near Inox Theatre Nariman Point, Mumbai – 400021, Maharashtra

Country :	India

Financials (as on) :	31.03.2014

Date of Incorporation :	25.07.2012

Com. Reg. No.:	11-233808

Capital Investment / Paid-up Capital :	Rs.49.900 Million

CIN No.: [Company Identification No.]	U74120MH2012PTC233808

TIN No.:	Not Available

IEC No.:	Not Available

TAN No.: [Tax Deduction & Collection Account No.]	Not Available

PAN No.: [Permanent Account No.]	AAFCR9959R

Legal Form :	Private Limited Liability Company

Line of Business :	Trading of Steel.

No. of Employees :	Information denied by management

RATING & COMMENTS

MIRA’s Rating :

B (29)

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

Status :	Moderate

Payment Behaviour :	Slow but correct

Litigation :	Clear

Comments :	Subject is an established company having moderate track. The company has huge external borrowing and low reserves during FY 2014. However, trade relation seems to be fair. Business is active. Payment terms are reported to be slow but correct. The company can be considered for business 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 – December 31, 2014

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

India

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	CRISIL
Rating	Long Term Rating = BB
Rating Explanation	Moderate credit quality and high credit risk.
Date	30.09.2014

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 31-03-2014.

INFORMATION DENIED BY

Name :	Mr. Satyen Barishi
Designation :	Finance Manager
Contact No.:	91-22-492290000
Date :	17.03.2015

LOCATIONS

Registered Office :	15-B Chander Mukhi Building Backbay Reclamation, Near Inox Theatre Nariman Point, Mumbai – 400021, Maharashtra, India
Tel. No.:	91-22-49229000/61799800
Fax No.:	Not Available
E-Mail :	rnvarya@gmail.com mail@arya.in

DIRECTORS

As on 27.09.2013

Name :

Mr. Nakul Ravindrakumar Arya

Designation :

Director

Address :

6, Satlaj Terrace, 6th Floor, Walkeshwar Road, Mumbai – 400006, Maharashtra

India

Date of Birth/Age :

02.11.1980

Date of Appointment :

25.07.2012

PAN No.:

ADEPA4689A

DIN No.:

00372428

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	U35110MH2003PTC143122	N. T. RECYCLING COMPANY PRIVATE LIMITED	Managing director	14/11/2003	14/11/2003	-	Active	NO
2	U27100MH2004PTC147715	ARYA IRON AND STEEL COMPANY PRIVATE LIMITED	Director	27/07/2004	27/07/2004	-	Active	NO
3	U70109MH2007PTC166990	ARYA LANDSCAPE AND PROPERTY PRIVATE LIMITED	Director	12/01/2007	12/01/2007	-	Active	NO
4	U22210MH2008PTC182006	AMETHYST MULTIMEDIA COMPANY PRIVATE LIMITED	Director	08/05/2008	08/05/2008	25/08/2014	Active	NO
5	U51420MH2008PTC179965	INTERNATIONAL MINERALS TRADING COMPANY PRIVATE LIMITED	Director	30/09/2009	10/07/2009	-	Active	NO
6	U65923MH2010PTC200498	PNV ENTERPRISES PRIVATE LIMITED	Director	26/02/2010	26/02/2010	-	Active	NO
7	U51909MH2010PTC200640	GOODWILL TRADECOM PRIVATE LIMITED	Director	08/03/2010	08/03/2010	-	Active	NO
8	U27100MH2010PTC202409	ARYA INTEGRATED STEEL PRIVATE LIMITED	Director	26/04/2010	26/04/2010	-	Active	NO
9	U27109MH2010PTC204325	ARYA MINES & METALS PRIVATE LIMITED	Director	16/06/2010	16/06/2010	-	Active	NO
10	U74990MH2010PTC205704	OFFSHORE ENTERPRISES PRIVATE LIMITED	Director	20/07/2010	20/07/2010	-	Active	NO
11	U74900MH2010PTC206607	BRIGHTSTAR ENTERPRISES PRIVATE LIMITED	Director	14/08/2010	14/08/2010	-	Active	NO
12	U74120MH2012PTC233808	RNV INDUSTRIES PRIVATE LIMITED	Director	25/07/2012	25/07/2012	-	Active	NO
13	U74120MH2012PTC235245	INTEGRAL INDUSTRIES PRIVATE LIMITED	Director	03/09/2012	03/09/2012	-	Active	NO
14	U74900MH2012PTC237742	ARYA VOYAGERS PRIVATE LIMITED	Managing director	16/06/2014	08/11/2012	-	Active	NO
15	U74120MH2013PTC244429	ARYA TANKERS PRIVATE LIMITED	Director	13/06/2013	13/06/2013	-	Active	NO
16	U27100MH2013PTC245628	ARYA GLOBAL STEELS PRIVATE LIMITED	Director	15/07/2013	15/07/2013	-	Active	NO
17	U74900MH2013PTC246584	ARYA NAUTICA PRIVATE LIMITED	Director	02/08/2013	02/08/2013	-	Active	NO
18	U74120MH2013PTC247075	ARYA CONSOLIDATED PRIVATE LIMITED	Director	16/08/2013	16/08/2013	22/09/2014	Active	NO
19	U74120MH2013PTC247353	INDIANOCEAN SHIPPING PRIVATE LIMITED	Director	22/08/2013	22/08/2013	-	Active	NO
20	U72200MH2013PTC247628	MANSCHAFT IT PRIVATE LIMITED	Director	29/08/2013	29/08/2013	-	Active	NO
21	U74120MH2014PTC252723	DAWN SHIPPING PRIVATE LIMITED	Director	31/01/2014	31/01/2014	-	Active	NO
22	U27101CH2008PTC031161	Nachiketa Power & Steel Private Limited	Director	30/09/2014	01/08/2014	-	Active	NO
23	U63000HR2015PTC054429	DARYA SHIPMANAGEMENT PRIVATE LIMITED	Director	28/01/2015	28/01/2015	-	Active	NO
24	AAC-7865	ALLIANCE TRADE ENTERPRISE LLP	Designated Partner	07/10/2014	07/10/2014	-	Active	NO
25	AAB-7777	ARYA EXCELLENCY SERVICES LLP	Designated Partner	25/08/2014	25/08/2014	-	Active	NO
26	AAB-7508	ARYA PRUDENT SERVICES LLP	Designated Partner	18/09/2014	18/09/2014	-	Active	NO
27	AAD-1867	MARITIME SEA TRADE LLP	Designated Partner	13/01/2015	13/01/2015	-	Active	NO

Name :

Mr. Ravi Maniram Arya

Designation :

Director

Address :

6, Satlaj Terrace, 6th Floor, Walkeshwar Road, Mumbai – 400006, Maharashtra

India

Date of Birth/Age :

12.10.1954

Date of Appointment :

25.07.2012

PAN No.:

AADPA7751M

DIN No.:

00767007

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	U17120MH1974PLC017522	ORIENT NET LIMITED	Director	05/07/2000	05/07/2000	-	Active	NO
2	U37100MH2002PTC138164	M P RE-CYCLING COMPANY PRIVATE LIMITED	Managing director	07/12/2002	07/12/2002	-	Active	NO
3	U27100MH2004PTC147715	ARYA IRON AND STEEL COMPANY PRIVATE LIMITED	Director	30/11/2013	01/01/2008	-	Active	NO
4	U27105MH2008PTC179748	GOYAL RECYCLING COMPANY PRIVATE LIMITED	Director	05/03/2008	05/03/2008	-	Active	NO
5	U51420MH2008PTC179965	INTERNATIONAL MINERALS TRADING COMPANY PRIVATE LIMITED	Director	11/03/2008	11/03/2008	-	Active	NO
6	U22210MH2008PTC182006	AMETHYST MULTIMEDIA COMPANY PRIVATE LIMITED	Director	08/05/2008	08/05/2008	30/09/2008	Active	NO
7	U67120MH2008PTC183600	BAIJNATH MANIRAM HOLDING & FINANCE CO. PRIVATE LIMITED	Director	17/06/2008	17/06/2008	-	Active	NO
8	U65923MH2010PTC200498	PNV ENTERPRISES PRIVATE LIMITED	Director	26/02/2010	26/02/2010	-	Active	NO
9	U51909MH2010PTC200640	GOODWILL TRADECOM PRIVATE LIMITED	Director	08/03/2010	08/03/2010	-	Active	NO
10	U27100MH2010PTC202409	ARYA INTEGRATED STEEL PRIVATE LIMITED	Director	28/09/2011	04/07/2011	-	Active	NO
11	U27109MH2010PTC204325	ARYA MINES & METALS PRIVATE LIMITED	Director	28/09/2011	04/07/2011	-	Active	NO
12	U15130MH2004PTC144702	KASH FOODS PRIVATE LIMITED	Director	29/09/2012	01/03/2012	-	Active	NO
13	U74999MH1968PTC014027	ELECTRON HOUSE PRIVATE LIMITED	Director	29/09/2012	01/03/2012	-	Active	NO
14	U74120MH2012PTC233808	RNV INDUSTRIES PRIVATE LIMITED	Director	25/07/2012	25/07/2012	-	Active	NO
15	U74120MH2012PTC235245	INTEGRAL INDUSTRIES PRIVATE LIMITED	Director	03/09/2012	03/09/2012	-	Active	NO
16	U74900MH2012PTC237742	ARYA VOYAGERS PRIVATE LIMITED	Director	08/11/2012	08/11/2012	-	Active	NO
17	U74120MH2013PTC244429	ARYA TANKERS PRIVATE LIMITED	Director	13/06/2013	13/06/2013	-	Active	NO
18	U27100MH2013PTC245628	ARYA GLOBAL STEELS PRIVATE LIMITED	Director	15/07/2013	15/07/2013	22/09/2014	Active	NO
19	U74900MH2013PTC246584	ARYA NAUTICA PRIVATE LIMITED	Director	02/08/2013	02/08/2013	-	Active	NO
20	U74120MH2013PTC247075	ARYA CONSOLIDATED PRIVATE LIMITED	Director	16/08/2013	16/08/2013	-	Active	NO
21	U74120MH2013PTC247353	INDIANOCEAN SHIPPING PRIVATE LIMITED	Director	22/08/2013	22/08/2013	-	Active	NO
22	U74120MH2014PTC252723	DAWN SHIPPING PRIVATE LIMITED	Director	31/01/2014	31/01/2014	14/07/2014	Active	NO
23	U27101CH2008PTC031161	Nachiketa Power & Steel Private Limited	Director	30/09/2014	18/09/2014	-	Active	NO
24	AAB-7508	ARYA PRUDENT SERVICES LLP	Designated Partner	06/09/2013	06/09/2013	-	Active	NO
25	AAB-7776	ALLIANCE VISION SERVICES LLP	Designated Partner	20/09/2013	20/09/2013	-	Active	NO
26	AAC-7865	ALLIANCE TRADE ENTERPRISE LLP	Designated Partner	07/10/2014	07/10/2014	-	Active	NO
27	AAC-8017	RACOON TRADING SERVICES LLP	Designated Partner	10/10/2014	10/10/2014	14/11/2014	Active	NO
28	AAB-7777	ARYA EXCELLENCY SERVICES LLP	Designated Partner	25/08/2014	25/08/2014	-	Active	NO
29	AAD-1867	MARITIME SEA TRADE LLP	Designated Partner	13/01/2015	13/01/2015	-	Active	NO
30	AAD-1873	ARYA ISPAT SERVICES LLP	Designated Partner	13/01/2015	13/01/2015	-	Active	NO

Name :

Mr. Varun Ravindrakumar Arya

Designation :

Director

Address :

7, Ahoora Mahal, 93, Marine Drive Mumbai – 400002, Maharashtra, India

Date of Birth/Age :

02.04.1984

Date of Appointment :

25.07.2012

PAN No.:

AEIPA6374F

DIN No.:

02684049

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	U37100MH2002PTC138164	M P RE-CYCLING COMPANY PRIVATE LIMITED	Whole-time director	01/02/2010	01/02/2010	-	Active	NO
2	U74120MH2012PTC233808	RNV INDUSTRIES PRIVATE LIMITED	Director	25/07/2012	25/07/2012	-	Active	NO
3	U74120MH2012PTC235245	INTEGRAL INDUSTRIES PRIVATE LIMITED	Director	03/09/2012	03/09/2012	-	Active	NO
4	U74900MH2012PTC237742	ARYA VOYAGERS PRIVATE LIMITED	Director	08/11/2012	08/11/2012	-	Active	NO
5	U74120MH2013PTC244429	ARYA TANKERS PRIVATE LIMITED	Managing director	12/05/2014	13/06/2013	-	Active	NO
6	U27100MH2013PTC245628	ARYA GLOBAL STEELS PRIVATE LIMITED	Director	15/07/2013	15/07/2013	-	Active	NO
7	U74900MH2013PTC246584	ARYA NAUTICA PRIVATE LIMITED	Director	02/08/2013	02/08/2013	-	Active	NO
8	U74120MH2013PTC247075	ARYA CONSOLIDATED PRIVATE LIMITED	Director	16/08/2013	16/08/2013	-	Active	NO
9	U74120MH2013PTC247353	INDIANOCEAN SHIPPING PRIVATE LIMITED	Director	22/08/2013	22/08/2013	-	Active	NO
10	U74120MH2014PTC252723	DAWN SHIPPING PRIVATE LIMITED	Director	31/01/2014	31/01/2014	-	Active	NO
11	U72200MH2013PTC247628	MANSCHAFT IT PRIVATE LIMITED	Director	26/06/2014	26/06/2014	-	Active	NO
12	U22210MH2008PTC182006	AMETHYST MULTIMEDIA COMPANY PRIVATE LIMITED	Director	11/08/2014	11/08/2014	-	Active	NO
13	U63000HR2015PTC054429	DARYA SHIPMANAGEMENT PRIVATE LIMITED	Director	28/01/2015	28/01/2015	-	Active	NO
14	AAB-7508	ARYA PRUDENT SERVICES LLP	Designated Partner	06/09/2013	06/09/2013	-	Active	NO
15	AAB-7776	ALLIANCE VISION SERVICES LLP	Designated Partner	20/09/2013	20/09/2013	-	Active	NO
16	AAB-7777	ARYA EXCELLENCY SERVICES LLP	Designated Partner	20/09/2013	20/09/2013	-	Active	NO
17	AAC-7865	ALLIANCE TRADE ENTERPRISE LLP	Designated Partner	07/10/2014	07/10/2014	-	Active	NO
18	AAD-1867	MARITIME SEA TRADE LLP	Designated Partner	13/01/2015	13/01/2015	-	Active	NO
19	AAD-1873	ARYA ISPAT SERVICES LLP	Designated Partner	13/01/2015	13/01/2015	-	Active	NO

MAJOR SHAREHOLDERS

As on 27.09.2013

Names of Shareholders	No. of Shares	% of Holding
Ravi Maniram Arya	3334	33.34
Nakul Ravindrakumar Arya	3333	33.33
Varun Ravindrakumar Arya	3333	33.33
Total	10000	100.00

Equity Share Break up (Percentage of Total Equity)

As on 27.09.2013

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Trading of Steel.

Products :	Steel

Brand Names :	--

Agencies Held :	--

Exports :	Not Divulged

Imports :	Not Divulged

Terms :
Selling :	Not Divulged

Purchasing :	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
Experience :	Not Divulged
Maximum Limit Dealt :	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
Experience :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Remark :	Not Divulged

No. of Employees :

Information denied by management / (Approximately)

Bankers :

Central Bank of India, CFB Nariman Pointbranch, Chander Mukhi, Ground Floor, Nariman Point, Mumbai - 400021, Maharashtra, India

Facilities :

SECURED LOANS	31.03.2014 Rs. In Million	31.03.2013 Rs. In Million
SHORT TERM BORROWINGS
Rupee term loans from banks	154.454	0.000
Total	154.454	0.000


Auditors :
Name :	SGCO and Company Chartered Accountants
Address :	4A, Kaledonia-HDIL, 2nd Floor, Sahar Road, Near Andheri Station, Mumbai – 400069, Maharashtra, India
Tel. No.:	91-22-66256363
Fax No.:	91-22-66256364
E-Mail :	info@sgco.co.in
Website:	www.sgco.co.in
PAN No.:	AAAFS7016D

Memberships :	--

Collaborators :	--

Subsidiary Company :	Global Ships Private Limited

Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives :	Arya Consolidated Private Limited CIN No.: U74120MH2013PTC247075 Arya Voyagers Private Limited CIN No.: U74900MH2012PTC237742 Kash Foods Private Limited CIN No.: U15130MH2004PTC144702 Arya Nautica Private Limited CIN No.: U74900MH2013PTC246584 Arya Tankers Private Limited CIN No.: U74120MH2013PTC244429 Arya Global Steels Private Limited CIN No.: U27100MH2013PTC245628 Indianocean Shipping Private Limited CIN No.: U74120MH2013PTC247353 M P Re-Cycling Company Private Limited CIN No.: U37100MH2002PTC138164 Integral Industries Private Limited CIN No.: U74120MH2012PTC235245 Arya Excellency Services LLP Arya Prudent Services LLP Arya Ship Breaking Corporation Ravi Arya HUF Nakul Arya HUF

CAPITAL STRUCTURE

As on 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount

10000000	Equity Shares	Rs.10/- each	Rs.100.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

4990000	Equity Shares	Rs.10/- each	Rs.49.900 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	49.900	0.100
(b) Reserves & Surplus	0.279	(14.474)
(c) Money received against share warrants	0.000	0.000

(2) Share Application money pending allotment	0.000	50.000
Total Shareholders’ Funds (1) + (2)	50.179	35.626

(3) Non-Current Liabilities
(a) long-term borrowings	224.147	137.602
(b) Deferred tax liabilities (Net)	0.000	0.589
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	0.011	0.000
Total Non-current Liabilities (3)	224.158	138.191

(4) Current Liabilities
(a) Short term borrowings	154.454	18.980
(b) Trade payables	888.201	0.093
(c) Other current liabilities	29.674	0.217
(d) Short-term provisions	1.377	0.000
Total Current Liabilities (4)	1,073.706	19.290

TOTAL	1,348.043	193.107

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	86.489	87.964
(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	0.611	0.000
(c) Deferred tax assets (net)	1.260	0.000
(d) Long-term Loan and Advances	2.054	0.121
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	90.414	88.085

(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	482.252	0.000
(c) Trade receivables	458.216	0.000
(d) Cash and cash equivalents	157.617	87.000
(e) Short-term loans and advances	157.787	17.162
(f) Other current assets	1.757	0.860
Total Current Assets	1,257.629	105.022

TOTAL	1,348.043	193.107

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013
	SALES
		Income	1612.061	0.000
		Other Income	NA	0.996
		TOTAL (A)	NA	0.996

Less	EXPENSES
		Employee Benefits Expenses	NA	0.031
		Other Expenses	NA	6.753
		TOTAL (B)	NA	6.784

	PROFIT/(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		NA	(5.788)

Less	FINANCIAL EXPENSES (D)		NA	5.466

	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		NA	(11.254)

Less	DEPRECIATION/ AMORTISATION (F)		NA	2.631

	PROFIT/(LOSS) BEFORE TAX (E-F) (G)		14.649	(13.885)

Less	TAX (H)		(0.104)	0.589

	PROFIT/(LOSS) AFTER TAX (G-H) (I)		14.753	(14.474)

	Earnings / (Loss) Per Share (Rs.)		12.61	(1447.37)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013
Net Profit Margin (PAT/Sales)	(%)	0.92	0.00

Operating Profit Margin (PBDIT/Sales)	(%)	NA	0.00

Return on Total Assets (PBT/Total Assets}	(%)	1.09	(7.19)

Return on Investment (ROI) (PBT/Networth)		0.29	(0.39)

Debt Equity Ratio (Total Debt /Networth)		7.55	4.40

Current Ratio (Current Asset/Current Liability)		1.17	5.44

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2013	31.03.2014
	Rs. In Million	Rs. In Million
Share Capital	0.100	49.900
Reserves & Surplus	(14.474)	0.279
Money received against share warrants	0.000	0.000
Share Application money pending allotment	50.000	0.000
Net worth	35.626	50.179

Long Term borrowings	137.602	224.147
Short Term borrowings	18.980	154.454
Total borrowings	156.582	378.601
Debt/Equity ratio	4.395	7.545

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2013	31.03.2014
	Rs. In Million	Rs. In Million
Sales	0.000	1,612.061

NET PROFIT MARGIN

Net Profit Margin	31.03.2013	31.03.2014
	Rs. In Million	Rs. In Million
Sales	0.000	1,612.061
Profit	(14.474)	14.753
		0.92%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check List by Info Agents	Available in Report (Yes / No)
1]	Year of Establishment	Yes
2]	Locality of the firm	Yes
3]	Constitutions of the firm	Yes
4]	Premises details	No
5]	Type of Business	Yes
6]	Line of Business	Yes
7]	Promoter's background	Yes
8]	No. of employees	No
9]	Name of person contacted	Yes
10]	Designation of contact person	Yes
11]	Turnover of firm for last two years	Yes
12]	Profitability for last two years	Yes
13]	Reasons for variation <> 20%	-----------
14]	Estimation for coming financial year	No
15]	Capital in the business	Yes
16]	Details of sister concerns	Yes
17]	Major suppliers	No
18]	Major customers	No
19]	Payments terms	No
20]	Export / Import details (if applicable)	No
21]	Market information	----------
22]	Litigations that the firm / promoter involved in	----------
23]	Banking Details	Yes
24]	Banking facility details	Yes
25]	Conduct of the banking account	----------
26]	Buyer visit details	----------
27]	Financials, if provided	Yes
28]	Incorporation details, if applicable	Yes
29]	Last accounts filed at ROC	Yes
30]	Major Shareholders, if available	Yes
31]	Date of Birth of Proprietor/Partner/Director, if available	Yes
32]	PAN of Proprietor/Partner/Director, if available	Yes
33]	Voter ID No of Proprietor/Partner/Director, if available	No
34]	External Agency Rating, if available	Yes

UNSECURED LOANS:

Particulars	31.03.2014 Rs. In Million	31.03.2013 Rs. In Million
LONG TERM BORROWINGS
Intercorporate deposits	60.000	0.000
Loans and advances from related parties	164.147	137.602
SHORT TERM BORROWINGS
Loans and advances from related parties	0.000	18.980
Total	224.147	156.582

REVIEW OF OPERATION

During the year, the Company has achieved turnover of Rs.1612.061 Million. The net profit for the year has been Rs.147.553 Million as against Loss of Rs.(14.474 Million)/- during the previous financial year.

INDEX OF CHARGE:

Sr. No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10406141	15/09/2014 *	1,500,000,000.00	Central Bank Of India	CFB Nariman Pointbranch,Chander Mukhi,Ground Floor, Nariman Point, Mumbai, Maharashtra - 400021, India	C25380221

*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 records 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.62.82
UK Pound	1	Rs.92.83
Euro	1	Rs.66.17

INFORMATION DETAILS

Information Gathered by :	NYA

Analysis Done by :	SUM

Report Prepared by :	VNT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	5
--PROFITABILITY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	2
--RESERVES	1~10	2
--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		29

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.

MIRA INFORM REPORT

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