MIRA INFORM REPORT

Report No. :	321695
Report Date :	13.05.2015

IDENTIFICATION DETAILS

Name :	A.M. MARKETPLACES PRIVATE LIMITED
Registered Office :	E-150, Lower Ground Floor, Greater Kailash II, New Delhi – 110048
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	07.06.2012
Com. Reg. No.:	55-237075
Capital Investment / Paid-up Capital :	Rs. 2.600 Million
CIN No.: [Company Identification No.]	U74140DL2012PTC237075
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	DELA30711C
PAN No.: [Permanent Account No.]	AAKCA6148C
Legal Form :	Private Limited Liability Company
Line of Business :	The Company Primarily provide an online platform for the end consumer of goods of all kinds, belonging to the suppliers, on a pre-order basis through a service provider involved in the field of courier services.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

B (26)

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

Maximum Credit Limit :	USD 48000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject is an established company having moderate track record. The company has reported weak operational performance and it has incurred losses from its operational activities over past 2 years. However, trade relations are fair. Business is active. Payment terms are reported to be slow but correct. The company can be considered for business dealing 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	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 31-03-2014.

INFORMATION DENIED BY

Name :	Ms. Suchishree Mukherjee
Designation :	Whole – Time Director
Contact No.:	91-9711827658
Date :	08.05.2015

LOCATIONS

Registered Office :	E-150, Lower Ground Floor, Greater Kailash II, New Delhi – 110048, India
Tel. No.:	Not Available
Mobile No.:	91-9711827658 (Ms. Suchishree Mukherjee)
Fax No.:	Not Available
E-Mail :	ankit@alpha-partners.org
Head Office :	4^th And 5^th Floor, Plot No. 48, Sector 44 Near Huda City Center Metro Station, Gurgaon, Haryana – 122001, India

DIRECTORS

As on : 30.09.2014

Name :

Mr. Ankush Mehra

Designation :

Whole - Time Director

Address :

C-II-D/14 A Janak Puri, Delhi – 110058, India

Date of Birth/Age :

25.09.1969

Date of Appointment :

07.06.2012

DIN No.:

02742869

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	U63090MH2005PLC154749	AGARWAL PACKERS AND MOVERS LIMITED	Director	31/03/2011	13/08/2009	-	Active	NO
2	U63090DL2006PTC153134	DRS WAREHOUSING (NORTH) PRIVATE LIMITED	Managing director	29/09/2009	29/09/2009	30/04/2010	Active	NO
3	U55101DL2009PTC187452	DILLI 6 RESTAURANTS AND RECREATION HOME PRIVATE LIMITED	Managing director	29/09/2009	29/09/2009	10/10/2009	Active	NO
4	U63090DL2009PTC194937	Agarwal Movers Private Limited	Director	15/03/2010	15/03/2010	-	Active	NO
5	U51900DL2011PTC229311	AKP Consumer Private Limited	Director	03/05/2012	03/05/2012	-	Strike off	NO
6	U74900DL2011PTC229276	Aamy Marketplaces Private Limited	Director	03/05/2012	03/05/2012	-	Strike off	NO
7	U51502DL2012PTC236790	M.A. MARKET SERVICES PRIVATE LIMITED	Director	31/05/2012	31/05/2012	-	Active	NO
8	U74140DL2012PTC237075	A.M. MARKETPLACES PRIVATE LIMITED	Whole-time director	07/06/2012	07/06/2012	-	Active	NO
9	U63000DL2013PTC262248	SELFSTART SERVICES PRIVATE LIMITED	Director	16/12/2013	16/12/2013	-	Active	NO

Name :

Ms. Suchishree Mukherjee

Designation :

Whole – Time Director

Address :

B-21, Soami Nagar, New Delhi, India

Date of Birth/Age :

28.04.1973

Date of Appointment :

07.06.2012

DIN No.:

05270883

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	U74900DL2011PTC229276	Aamy Marketplaces Private Limited	Director	03/05/2012	03/05/2012	-	Strike off	NO
2	U51900DL2011PTC229311	AKP Consumer Private Limited	Director	03/05/2012	03/05/2012	-	Strike off	NO
3	U51502DL2012PTC236790	M.A. MARKET SERVICES PRIVATE LIMITED	Director	31/05/2012	31/05/2012	-	Active	NO
4	U74140DL2012PTC237075	A.M. MARKETPLACES PRIVATE LIMITED	Whole-time director	07/06/2012	07/06/2012	-	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on : 30.09.2014

Names of Shareholders	No. of Shares	%age
Ms. Anjali Mukherjee	1	0.00
M A Willmind Holdings Limited, Mauritius	759999	100.00
Total	760000	100.00

Equity Share Break up (Percentage of Total Equity)

Category	Percentage
Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	The Company Primarily provide an online platform for the end consumer of goods of all kinds, belonging to the suppliers, on a pre-order basis through a service provider involved in the field of courier services.
Products :	Not Available
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
Experience :	Not Divulged
Maximum Limit Dealt :	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

No. of Employees :

Not Divulged

Bankers :

Banker Name	Not Divulged
Branch Address	Not Divulged
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 :	Walker Chandiok and Company LLP Chartered Accountants
Address :	L-41, Connaught Circus, New Delhi – 110001, India
Tel. No.:	91-124-4628000
Fax No.:	91-124-4628000
PAN No.:	AAAFW4298E
Memberships :	Not Available
Collaborators :	Not Available
Holding Company :	M A Willmind Holdings Limited, Mauritius

CAPITAL STRUCTURE

As on : 31.03.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
1000000	Equity Shares	Rs.10/- each	Rs. 10.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
260000	Equity Shares	Rs.10/- each	Rs. 2.600 Million

As on : 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
5000000	Equity Shares	Rs.10/- each	Rs. 50.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
956944	Equity Shares	Rs.10/- each	Rs. 9.569 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	2.600	2.600
(b) Reserves & Surplus	14.031	156.708
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	16.631	159.308
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000
(b) Deferred tax liabilities (Net)	0.000	0.000
(c) Other long term liabilities	0.000	0.000
(d) long-term provisions	0.806	0.459
Total Non-current Liabilities (3)	0.806	0.459
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000
(b) Trade payables	13.325	6.753
(c) Other current liabilities	17.990	8.839
(d) Short-term provisions	0.153	0.011
Total Current Liabilities (4)	31.468	15.603
TOTAL	48.905	175.370
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	3.575	2.207
(ii) Intangible Assets	7.593	9.757
(iii) Capital work-in-progress	0.000	0.000
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	2.608	1.722
(e) Other Non-current assets	3.000	0.000
Total Non-Current Assets	16.776	13.686
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	0.000	0.000
(c) Trade receivables	0.000	0.000
(d) Cash and cash equivalents	18.656	25.127
(e) Short-term loans and advances	8.036	4.226
(f) Other current assets	5.437	132.331
Total Current Assets	32.129	161.684
TOTAL	48.905	175.370

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013
	SALES
		Revenue from operations	18.311	0.799
		Other Income	8.073	10.083
		TOTAL	26.384	10.882
Less	EXPENSES
		Employees benefits expense	71.480	35.210
		Other expenses	93.971	39.359
		Advertising Expenses	0.000	4.069
		TOTAL	165.451	78.638
	PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION		(139.067)	(67.756)
Less/ Add	DEPRECIATION/ AMORTISATION		3.609	1.811
	PROFIT/(LOSS) BEFORE TAX		(142.676)	(69.567)
Less	TAX		NA	NA
	PROFIT/(LOSS) AFTER TAX		(142.676)	(69.567)
	Earnings Per Share (Rs.)		(548.76)	(267.57)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013
Net Profit Margin (PAT/Sales)	(%)	(779.18)	(8706.76)
Operating Profit Margin (PBDIT / Sales)	(%)	(759.47)	(8480.10)
Return on Total Assets (PBT/Total Assets}	(%)	(291.74)	(39.67)
Return on Investment (ROI) (PBT/Networth)		(8.58)	(0.44)
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00
Current Ratio (Current Asset/Current Liability)		1.02	10.36

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	2.600	2.600
Reserves & Surplus	156.708	14.031
Net worth	159.308	16.631
long-term borrowings	0.000	0.000
Short term borrowings	0.000	0.000
Total borrowings	0.000	0.000
Debt/Equity ratio	0.000	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)
Sales	0.799	18.311
	----	2,191.740

NET PROFIT MARGIN

Net Profit Margin	31.03.2013	31.03.2014
	(Rs. In Million)	(Rs. In Million)
Sales	0.799	18.311
Profit	(69.567)	(142.676)
	(8706.76%)	(779.18%)

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	No
24]	Banking facility details	No
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	No

CORPORATE INFORMATION

A.M. Marketplaces Private Limited (the company) was incorporated in India on 7 June 2012. The Company primarily provides an online platform for the end consumer of goods of all kinds, belonging to the suppliers, on a pre-order basis though a service provider involved in the field of courier services.

The company is a Small and Medium Sized Company (SMC) as defined in the general instructions in respect of continuing standards notified under the Companies Act, 1956. Accordingly, the Company has completed with the accounting standard as applicable to SMC.

NOTE :

The registered address of the company has been shifted from 157, Gulmohar Enclave, New Delhi – 110049, India to the present address w.e.f. 08.01.2013

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

FIXED ASSETS

• Leasehold Improvements
• Photography Equipments
• Office Equipments
• Furniture and Fixtures
• Computers

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.63.84
UK Pound	1	Rs.98.46
Euro	1	Rs.71.51

INFORMATION DETAILS

Information Gathered by :	NYA
Analysis Done by :	KSH
Report Prepared by :	RNK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILITY	1~10	2
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	NO
--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		26

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.