MIRA INFORM REPORT

Report No. :	348177
Report Date :	10.11.2015

IDENTIFICATION DETAILS

Name :	EAST INDIA UDYOG LIMITED
Formerly Known As :	EAST INDIA TRANSFORMER AND SWITCHGEAR PRIVATE LIMITED
Registered Office :	18, Netaji Subhash Road, Kolkata-700001, West Bengal
Tel. No.:	91-33-22309095
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	07.06.1966
Com. Reg. No.:	21-026834
Capital Investment / Paid-up Capital :	Rs.27.504 Million
CIN No.: [Company Identification No.]	U31102WB1966PLC026834
IEC No.:	0288043898
TAN No.: [Tax Deduction & Collection Account No.]	CALE00237G
PAN No.: [Permanent Account No.]	AAACE6839Q
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Manufacturer of Transformers and Conductors.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (48)

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

Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject was incorporated in the year 1966 and it is engaged in the manufacturing of power distribution transformers and conductors and it also undertakes power distribution projects on a turnkey basis. For the financial year ended 2014, company has reported 28.04% sales turnover growth as compared to previous sales turnover and it has maintained above average profitability margins at 6.73% during the year under a review. The ratings reflect the extensive experience of promoters in the transformer industry backed by company’s well established track record of business operations. Rating also reflects company’s increasing scale of operations and sustained operating profitability lead to sizeable cash accruals resulting in a better financial profile with healthy gearing and debt coverage ratio. Rating strengths are partially offset by the company's working-capital-intensive operations and its exposure to risks relating to geographic concentration in its order book. The ratings also factor in the vulnerability of company’s operating margin to intense competition in the highly competitive transformer manufacturing industry and to the tender-based nature of its projects division's operations. Trade relations are fair. Business is active. Payment terms are reported to be usually correct. In view of aforesaid, the company can be considered for business dealings at usual trade terms and condition. (Note: as per our sources and investigation, the subject company was found under RBI defaulter but data related to defaulter is too old. However, updated data on the RBI defaulter for the subject company is not available from any sources.)

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	CRISIL
Rating	Long Term Rating = BBB
Rating Explanation	Moderate degree of safety and moderate credit risk.
Date	10.08.2015

Rating Agency Name	CRISIL
Rating	Short Term Rating = A3+
Rating Explanation	Moderate degree of safety and higher crdit risk.
Date	10.08.2015

RBI DEFAULTERS’ LIST STATUS

Subject’s name has been found enlisted as a defaulter in the publicly available RBI Defaulters’ list and the details of the same are as under:

Suit-filed accounts of Rs. 1 Cr. and above as on 05-Nov-2015

Search details

Borrower Containing - East India Udyog 

BANK	BRANCH	QUARTER	BORROWER NAME	DIRECTORS NAME	OUTSTANDING AMOUNT ( RS. IN Million)
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-03-02	EAST INDIA UDYOG LIMITED	A.K. LOHIA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06-02	EAST INDIA UDYOG LIMITED	A.K. LOHIA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-09-02	EAST INDIA UDYOG LIMITED	A.K. LOHIA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-12-02	EAST INDIA UDYOG LIMITED	A.K. LOHIA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-03-03	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06-03	EAST INDIA UDYOG LIMITED	S.S. SOMANI, A.K. LOHIA, INDIRA LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-09-03	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-12-03	EAST INDIA UDYOG LIMITED	INDIRA LOHIA, S.K. GUPTA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-03-04	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06-04	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31.03.05	EAST INDIA UDYOG LIMITED	INDIRA LOHIA, S.K. GUPTA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06-05	EAST INDIA UDYOG LIMITED	A.K. LOHIA, S.S. SOMANI, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-09-05	EAST INDIA UDYOG LIMITED	N.K. LOHIA, A.K. LOHIA, S.S. SOMANI, S.K. GUPTA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31.12.05	EAST INDIA UDYOG LIMITED	INDIRA LOHIA, N.K. LOHIA, S.K. GUPTA,	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31.03.06	EAST INDIA UDYOG LIMITED	N.K. LOHIA, , S.S. SOMANI, A.K. LOHIA, S.K. GUPTA,	41.700

Suit-filed accounts of Rs. 1 Cr. and above as on 05-Nov-2015

Search details

Borrower Containing - East India Udyog 

BANK	BRANCH	QUARTER	BORROWER NAME	DIRECTORS NAME	BANK
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06.06	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-09.06	EAST INDIA UDYOG LIMITED	A.K. LOHIA, S.S. SOMANI, N.K. LOHIA, S.K. GUPTA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-03-07	EAST INDIA UDYOG LIMITED	N.K. LOHIA , INDIRA LOHIA, S.K. GUPTA,	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06-07	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-09-07	EAST INDIA UDYOG LIMITED	S.S. SOMANI, A.K. LOHIA, INDIRA LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-12-07	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	31-03-08	EAST INDIA UDYOG LIMITED	A.K. LOHIA, S.S. SOMANI, INDIRA LOHIA, N.K. LOHIA	41.700
ORIENTAL BANK OF COMMERCE	E-BLOCK,CP,N.DELHI	30-06-08	EAST INDIA UDYOG LIMITED	S.K. GUPTA, INDIRA LOHIA, N.K. LOHIA	41.700

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 31-03-2015.

INFORMATION DENIED

MANAGEMENT NON COOPERATIVE (Tel No.: 91-33-22309095)

LOCATIONS

Registered Office :	18, Netaji Subhash Road, Kolkata-700001, West Bengal, India
Tel. No.:	91-33-22309095
Fax No.:	Not Available
E-Mail :	eiul.kol@gmail.com
Website :	http://www.eastindiaudyog.com
Head Office :	145, G.T. Road, Sahibabad, Ghaziabad - 201005, Uttar Pradesh, India
Tel. No.:	91-120-4175700
Fax No.:	91-120-4105890
E-Mail :	mktg@eatindiaudyog.com eiulgbd@rediffmail.com
Website :	www.eastindiaudyog.com
Factory 1 :	145, G.T. Road, Sahibabad, Ghaziabad - 201005, Uttar Pradesh, India
Factory 2:	123, Anand Industrial Area, Mohan Nagar, Ghaziabad, Uttar Pradesh, India
Factory 3:	1088, Salempur Rajputan Industrial Area, Roorkee (Uttarakhand) India
Factory 4:	148 and 158, Raipur Industrial Area, Roorkee, (Uttarakhand) India
Factory 5:	144, Lakshwari, Industrial Area, Bhagwanpur, Roorkee, Uttarkhand, India
Factory 6:	23, Loni Road, Mohan Nagar, Ghaziabad, Uttar Pradesh, India

DIRECTORS

AS ON 30.08.2014

Name :

Mr. Nikunj Kumar Lohia

Designation :

Managing Director

Address :

G 3, Maharani Bagh, New Delhi-110065, Delhi, India

Date of Birth/Age :

17.12.1945

Date of Appointment :

14.12.1970

DIN No.:

00897591

PAN No.:

ABBPL2610B

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	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Whole-time director	01/12/2013	14/12/1970	-	Active	NO
2	U51225WB1985PTC039447	VASUNDHARA PLANTATIONS PRIVATE LIMITED	Director	05/09/1985	05/09/1985	-	Active	NO
3	U65999WB1991PLC050970	YOGESHWAR DEVELOPMENT LIMITED	Director	26/02/1991	26/02/1991	-	Active	NO
4	L65993WB1980PLC032907	SHRI GYANODAYA INVESTMENTS LIMITED	Director	26/03/1993	26/03/1993	-	Active	NO
5	U51226WB1973PTC028717	HARI OVERSEAS PRIVATE LIMITED	Director	26/03/1993	26/03/1993	-	Active	NO
6	U51909WB1993PLC059002	EAST INDIA OVERSEAS LIMITED	Director	31/05/1993	31/05/1993	-	Active	NO
7	U24222WB1999PTC090231	PRISM AUXILIARIES PRIVATE LIMITED	Director	31/05/2007	31/05/2007	-	Active	NO

Name :

Mr. Sardul Singh Jain

Designation :

Director

Address :

G 8, Middleton Row, Kolkata-700016, West Bengal, India

Date of Birth/Age :

16.02.1935

Date of Appointment :

30.11.1995

DIN No.:

00013732

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	L51909WB1895PLC001021	ALLIANCE UDYOG LIMITED.	Director	20/09/1980	20/09/1980	-	Active	NO
2	U15312WB1983PLC036745	ALLIANCE MILLS SOUTH LIMITED	Director	06/09/1983	06/09/1983	-	Active	NO
3	L17232WB1947PLC016105	RTS POWER CORPORATION LIMITED	Director	20/02/1985	20/02/1985	-	Active	NO
4	L67120WB1979PLC032376	OMNI HOLDINGS LIMITED	Director	26/06/1987	26/06/1987	-	Active	NO
5	L21012UR1986PLC008002	JALPAC INDIA LIMITED	Director	01/07/1989	01/07/1989	29/09/2008	Active	NO
6	U65921WB1990PTC049910	PARAKH PROJECTS PRIVATE LIMITED	Director	20/09/1990	20/09/1990	-	Active	NO
7	U51225WB1991PLC052635	BHUTORIA AGROTECH LIMITED	Director	17/08/1991	17/08/1991	20/11/2013	Active	NO
8	U67120WB1992PTC055137	SUNGRACE FINVEST PRIVATE LIMITED	Director	10/01/1994	10/01/1994	-	Active	NO
9	L67120WB1983PLC036113	RGF CAPITAL MARKETS LIMITED	Director	29/09/2014	01/09/1994	-	Active	NO
10	U70101WB1989PTC046640	LINDSAY SECURITIES PRIVATE LIMITED	Director	23/11/1994	23/11/1994	09/04/2007	Active	NO
11	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Director	30/11/1995	30/11/1995	-	Active	NO
12	U17111WB1954PLC021946	EAST INDIA COTTON MFG CO LIMITED	Director	30/11/1995	30/11/1995	-	Active	NO
13	U67120WB1971PTC028146	HARI HOLDINGS PRIVATE LIMITED	Director	18/12/2000	18/12/2000	-	Active	NO
14	U29110WB1947PTC015145	JALAN CHEMICAL INDUSTRIES PRIVATE LIMITED	Director	10/02/2003	10/02/2003	-	Active	NO
15	L74999WB1919PLC003516	ALFRED HERBERT (INDIA) LIMITED	Director	30/07/2014	30/10/2004	-	Active	NO
16	U32109WB1987PLC043261	ALFRED HERBERT LIMITED	Director	08/11/2004	08/11/2004	-	Active	NO
17	U67120WB1995PLC067806	LODHA CAPITAL MARKETS LIMITED	Director	22/08/2005	22/08/2005	-	Active	NO
18	L51109WB1983PLC035969	E I T A INDIA LIMITED	Director	30/08/2014	13/02/2007	-	Active	NO
19	U65992WB1973PTC029040	ANNAPURNA SAVINGS AND FINANCE CO PRIVATE LIMITED	Director	29/09/2007	09/04/2007	-	Active	NO
20	U51109WB1942PTC075039	BARODA AGENTS AND TRADING CO. PRIVATE LIMITED	Director	26/09/2015	28/04/2008	-	Active	NO
21	L29120WB1972PLC031488	BHUTORIA VALVE UDYOG LIMITED	Director	29/09/2014	29/09/2014	-	Active	NO
22	U28939WB1942PTC025403	GWALIOR WEBBING CO. PRIVATE LIMITED	Director	26/09/2015	07/03/2015	-	Active	NO

Name :

Mrs. Indira Lohia

Designation :

Whole Time Director

Address :

G 3, Maharani Bagh, New Delhi-110065, Delhi, India

Date of Birth/Age :

07.10.1952

Date of Appointment :

01.12.2013

DIN No.:

00897501

PAN No.:

ABUPL5510D

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	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Whole-time director	01/12/2013	26/03/1993	-	Active	NO
2	L65993WB1980PLC032907	SHRI GYANODAYA INVESTMENTS LIMITED	Director	26/03/1993	26/03/1993	-	Active	NO
3	U31901WB1973PLC028781	JYOTI UDYOG LIMITED.	Director	26/03/1993	26/03/1993	-	Active	NO
4	U17117WB1975PTC030255	SEETA TEXTILES PRIVATE LIMITED	Director	26/03/1993	26/03/1993	-	Active	NO
5	U51909WB1993PLC059002	EAST INDIA OVERSEAS LIMITED	Director	31/05/1993	31/05/1993	-	Active	NO
6	U17111WB1954PLC021946	EAST INDIA COTTON MFG CO LIMITED	Director	25/10/1994	25/10/1994	-	Active	NO
7	U51311HR1979PLC009523	EAST INDIA FABRICS MFG.CO LIMITED	Director	20/05/1995	20/05/1995	30/09/2007	Active	NO
8	U51225WB1985PTC039447	VASUNDHARA PLANTATIONS PRIVATE LIMITED	Director	18/09/2003	18/09/2003	-	Active	NO
9	U74114WB1983PTC036953	EAST INDIA EXCLUSIVE FABRICS PRIVATE LIMITED	Director	30/04/2007	30/04/2007	-	Active	NO
10	U51101WB2010PTC150864	ROCKSTAR TRADELINK PRIVATE LIMITED	Director	14/02/2011	14/02/2011	-	Active	NO
11	U51101WB2010PTC150862	MOONRISE VINIMAY PRIVATE LIMITED	Director	28/02/2011	28/02/2011	-	Active	NO

Name :

Mr. Harsh Gupta

Designation :

Managing Director

Address :

49 First Floor, Friends Colony, New Delhi - 110065, India

Date of Birth/Age :

06.12.1971

Date of Appointment :

01.12.2013

DIN No.:

00899037

PAN No.:

ACDPG9369D

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	U51311HR1979PLC009523	EAST INDIA FABRICS MFG.CO LIMITED	Director	01/08/1998	01/08/1998	-	Active	NO
2	U24222WB1999PTC090231	PRISM AUXILIARIES PRIVATE LIMITED	Director	08/09/1999	08/09/1999	-	Active	NO
3	U28939HR1964PTC002553	TECHNO HARDWARE ENTERPRISES PRIVATE LIMITED	Director	12/02/2001	12/02/2001	-	Active	NO
4	U31901WB1973PLC028781	JYOTI UDYOG LIMITED.	Whole-time director	01/12/2008	24/12/2002	31/03/2011	Active	NO
5	U51225WB1985PTC039447	VASUNDHARA PLANTATIONS PRIVATE LIMITED	Director	24/03/2005	24/03/2005	-	Active	NO
6	U17111WB1954PLC021946	EAST INDIA COTTON MFG CO LIMITED	Director	13/02/2006	13/02/2006	20/12/2009	Active	NO
7	U74114WB1983PTC036953	EAST INDIA EXCLUSIVE FABRICS PRIVATE LIMITED	Director	30/04/2007	30/04/2007	-	Active	NO
8	U65999WB1991PLC050970	YOGESHWAR DEVELOPMENT LIMITED	Director	14/05/2007	14/05/2007	-	Active	NO
9	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Managing director	01/12/2013	01/04/2011	-	Active	NO

Name :

Mr. Indar Chand Daga

Designation :

Director

Address :

493/C/A. G. T. Road, Phase-IV, Block-2, 5/C, Howrah-711102, West Bengal, India

Date of Birth/Age :

26.09.1956

Date of Appointment :

21.02.2008

DIN No.:

02000677

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	U51109WB1994PTC064857	PARAKH COMMERCIAL PRIVATE LIMITED	Director	07/08/1997	07/08/1997	09/02/2009	Active	NO
2	U17115WB1964PTC026221	AGARTALA COTTON CO PRIVATE LIMITED	Additional director	12/12/2007	12/12/2007	-	Amalgamated	NO
3	U65999WB1991PLC050970	YOGESHWAR DEVELOPMENT LIMITED	Additional director	18/02/2008	18/02/2008	-	Active	NO
4	U51909WB1993PLC059002	EAST INDIA OVERSEAS LIMITED	Additional director	19/02/2008	19/02/2008	-	Active	NO
5	U17111WB1954PLC021946	EAST INDIA COTTON MFG CO LIMITED	Additional director	20/02/2008	20/02/2008	-	Active	NO
6	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Additional director	21/02/2008	21/02/2008	-	Active	NO
7	U31909WB1993PTC058967	DNH ELECTRICALS PRIVATE LIMITED	Additional director	19/04/2010	19/04/2010	-	Amalgamated	NO
8	U63022WB1986PTC040692	ABHAY TRANSFORMERS PRIVATE LIMITED	Additional director	31/03/2011	31/03/2011	-	Active	NO
9	U31109OR1987PTC001834	KALINGA PETROCHEMICALS PRIVATE LIMITED	Additional director	01/11/2012	01/11/2012	-	Converted to LLP and dissolved	NO
10	U51226WB1973PTC028717	HARI OVERSEAS PRIVATE LIMITED	Director	23/12/2013	23/12/2013	-	Active	NO

Name :

Mr. Nikunj Kumar Lohia

Designation :

Whole-time director

Address :

G - 3, Maharani Bagh, New Delhi - 110065, India

Date of Appointment :

01.12.2013

DIN No.:

00897591

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	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Whole-time director	01/12/2013	14/12/1970	-	Active	NO
2	U51225WB1985PTC039447	VASUNDHARA PLANTATIONS PRIVATE LIMITED	Director	05/09/1985	05/09/1985	-	Active	NO
3	U65999WB1991PLC050970	YOGESHWAR DEVELOPMENT LIMITED	Director	26/02/1991	26/02/1991	-	Active	NO
4	L65993WB1980PLC032907	SHRI GYANODAYA INVESTMENTS LIMITED	Director	26/03/1993	26/03/1993	-	Active	NO
5	U51226WB1973PTC028717	HARI OVERSEAS PRIVATE LIMITED	Director	26/03/1993	26/03/1993	-	Active	NO
6	U51909WB1993PLC059002	EAST INDIA OVERSEAS LIMITED	Director	31/05/1993	31/05/1993	-	Active	NO
7	U24222WB1999PTC090231	PRISM AUXILIARIES PRIVATE LIMITED	Director	31/05/2007	31/05/2007	-	Active	NO

Name :

Mr. Ashish Jalan

Designation :

Additional Director

Address :

D - 60, 2nd Floor, Kalkaji, New Delhi - 110019, India

Date of Appointment :

03.07.2014

DIN No.:

00897700

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	U31901WB1973PLC028781	JYOTI UDYOG LIMITED.	Director	18/10/1993	18/10/1993	-	Active	NO
2	U51420WB1979PTC031946	ALLIANCE LAMINATORS PRIVATE LIMITED	Director	20/10/1993	20/10/1993	-	Active	NO
3	U28939HR1964PTC002553	TECHNO HARDWARE ENTERPRISES PRIVATE LIMITED	Director	12/02/2001	12/02/2001	-	Active	NO
4	U51311HR1979PLC009523	EAST INDIA FABRICS MFG.CO LIMITED	Director	21/08/2006	21/08/2006	-	Active	NO
5	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Additional director	03/07/2014	03/07/2014	-	Active	NO

Name :

Mr. Ashish Jalan

Designation :

Additional Director

Address :

D - 60, 2nd Floor, Kalkaji, New Delhi - 110019, India

Date of Appointment :

03.07.2014

DIN No.:

00897700

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	U31901WB1973PLC028781	JYOTI UDYOG LIMITED.	Director	18/10/1993	18/10/1993	-	Active	NO
2	U51420WB1979PTC031946	ALLIANCE LAMINATORS PRIVATE LIMITED	Director	20/10/1993	20/10/1993	-	Active	NO
3	U28939HR1964PTC002553	TECHNO HARDWARE ENTERPRISES PRIVATE LIMITED	Director	12/02/2001	12/02/2001	-	Active	NO
4	U51311HR1979PLC009523	EAST INDIA FABRICS MFG.CO LIMITED	Director	21/08/2006	21/08/2006	-	Active	NO
5	U31102WB1966PLC026834	EAST INDIA UDYOG LIMITED	Additional director	03/07/2014	03/07/2014	-	Active	NO

MAJOR SHAREHOLDERS

AS ON 30.08.2014

Names of Shareholders	No. of Shares
Nikunj Kumar Lohia	290000
Indira Lohia	66900
Hari Overseas Private Limited	520450
Shri Gyanodays Investments Limited	100000
East India Exclusive Fabrics Limited	205000
Prabhat Powerloom Factory Private Limited	210000
Jyoti Udyog Limited	355000
Alliance Laminators Private Limited	590000
Exceisior Fabrics Private Limited	100000
Manisha Lohia	5000
Yogeshwar Development Limited	300000
Vasundhara Plantation Private Limited	7000
Total	2749350

AS ON 28.11.2014

Names of Allottee	No. of Shares
Sunflower Investment Management Private Limited	7500
Kuber Dealcom Private Limited	7500
S. K. Growth Fund Private Limited	7500
Pearl Planet Private Limited	47990
Vasundhara Plantation Private Limited	3500
Total	73990

Equity Share Break up (Percentage of Total Equity)

AS ON 30.08.2014

Category	Percentage
Bodies corporate	86.81
Directors or relatives of Directors	13.19
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturer of Transformers and Conductors.
Products :	Transformers Conductors EPS Contracts
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
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 :

Information declined by the management

Bankers :

• Punjab National Bank, Sahibabad Branch, G.T Road Sahibabad, Ghaziabad, 
  Uttar Pradesh - 201010, India

• State Bank of India, B-39, Connaught Circus, Delhi – 110001, , India

Banker Name	Canara Bank Limited
Branch Address	Parliament Street, New Delhi - 110001, Delhi, 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

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWINGS
Term loans from banks	25.779	39.731
Other loans and advances	0.884	0.338
SHORT TERM BORROWINGS
Rupee term loans from banks	805.255	886.983
Total	831.918	927.052

Auditors :
Name :	K.Prasad and Company Chartered Accountants
Address :	C-31, South, Extension, Part-I, New Delhi-110049, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFK7990B
Memberships :	Not Available
Collaborators :	Not Available
Other Related Party:	Yogeshwar Development Limited, India [U65999WB1991PLC050970] Jyoti Udyog Limited, India [U31901WB1973PLC028781]

CAPITAL STRUCTURE

After 30.08.2014

Authorised Capital : Rs.100.000 Million

Issued, Subscribed & Paid-up Capital : Rs. 28.983 Million

AS ON 30.08.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
3000000	Equity Shares	Rs.10/- each	Rs.30.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
2750350	Equity Shares	Rs.10/- each	Rs.27.504 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	27.504	27.504	27.504
(b) Reserves & Surplus	906.224	753.906	679.668
(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)	933.728	781.410	707.172
(3) Non-Current Liabilities
(a) long-term borrowings	26.663	40.069	29.052
(b) Deferred tax liabilities (Net)	6.139	5.438	0.000
(c) Other long term liabilities	7.152	0.475	0.346
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	39.954	45.982	29.398
(4) Current Liabilities
(a) Short term borrowings	931.485	922.765	815.982
(b) Trade payables	710.760	574.802	578.813
(c) Other current liabilities	77.792	78.394	88.391
(d) Short-term provisions	31.432	23.371	22.099
Total Current Liabilities (4)	1751.469	1599.332	1505.285
TOTAL	2725.151	2426.724	2241.855
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	141.268	155.598	145.054
(ii) Intangible Assets	0.000	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000	3.463
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	4.119	1.006	1.506
(c) Deferred tax assets (net)	0.000	0.000	0.249
(d) Long-term Loan and Advances	30.667	32.981	33.529
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	176.054	189.585	183.801
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	414.246	407.902	382.861
(c) Trade receivables	1871.037	1629.172	1527.519
(d) Cash and cash equivalents	138.746	130.554	108.074
(e) Short-term loans and advances	118.953	65.900	37.154
(f) Other current assets	6.115	3.611	2.446
Total Current Assets	2549.097	2237.139	2058.054
TOTAL	2725.151	2426.724	2241.855

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	2318.355	1812.192	2152.018
	Other Income	15.554	32.739	10.386
	TOTAL (A)	2333.909	1844.931	2162.404
Less	EXPENSES
	Cost of Materials Consumed	1315.537	1107.790	1362.610
	Purchases of Stock-in-Trade	186.368	99.005	259.142
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(3.216)	(13.926)	(124.464)
	Employees benefits expense	81.633	80.451	90.007
	Other expenses	374.060	297.284	267.655
	TOTAL (B)	1954.382	1570.604	1854.950
Less	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)	379.527	274.327	307.454
Less	FINANCIAL EXPENSES (D)	189.037	162.345	151.300
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)	190.490	111.982	156.154
Less/ Add	DEPRECIATION/ AMORTISATION (F)	13.051	10.716	10.251
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)	177.439	101.266	145.903
Less	TAX (H)	15.446	26.801	29.805
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)	161.993	74.465	116.098
	Earnings / (Loss) Per Share (Rs.)	58.9	27.07	42.21

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
Net cash flows from (used in) operations	190.271	57.933	(60.702)

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	6.99	4.11	5.39
Operating Profit Margin (PBIDT/Sales)	(%)	16.37	15.14	14.29
Return on Total Assets (PBT/Total Assets}	(%)	6.52	4.17	6.52
Return on Investment (ROI) (PBT/Networth)		0.19	0.13	0.21
Debt Equity Ratio (Total Debt /Networth)		1.03	1.23	1.19
Current Ratio (Current Asset/Current Liability)		1.46	1.40	1.37

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	27.504	27.504	27.504
Reserves & Surplus	679.668	753.906	906.224
Net worth	707.172	781.410	933.728
Long-term borrowings	29.052	40.069	26.663
Short term borrowings	815.982	922.765	931.485
Total borrowings	845.034	962.834	958.148
Debt/Equity ratio	1.195	1.232	1.026

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	2152.018	1812.192	2318.355
		(15.791)	27.931

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	2152.018	1812.192	2318.355
Profit	116.098	74.465	161.993
	5.39%	4.11%	6.99%

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

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2014	As on 31.03.2013
SHORT TERM BORROWINGS
Loans and advances from related parties	126.230	35.782
Total	126.230	35.782

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10551652	06/02/2015	690,000.00	CANARA BANK	PARLIAMENT STREET,, NEW DELHI, DELHI - 110001, IND  IA	C44857043
2	10551653	06/02/2015	780,000.00	CANARA BANK	PARLIAMENT STREET, DELHI - 110001, INDIA	C44857258
3	10551649	27/01/2015	1,000,000,000.00	CANARA BANK	PARLIAMENT STREET, DELHI - 110001, INDIA	C44856664
4	10483487	26/02/2014	120,000,000.00	CANARA BANK	PARLIAMENT STREET, DELHI - 110001, INDIA	B98861362
5	10451761	04/09/2013	250,000.00	PUNJAB NATIONAL BANK	SAHIBABAD BRANCH, G.T ROAD SAHIBABAD, GHAZIABAD,  UTTAR PRADESH - 201010, INDIA	B86045861
6	10379975	14/09/2012	33,750,000.00	PUNJAB NATIONAL BANK	G.T. ROAD, SAHIBABAD, GHAZIABAD, UTTAR PRADESH -  201010, INDIA	B59477208
7	10326814	12/12/2011	12,740,000.00	CANARA BANK	PARLIAMENT STREET, DELHI - 110001, INDIA	B29203049
8	10319695	14/10/2011	33,750,000.00	STATE BANK OF INDIA	M-94,, CONNAUGHT CIRCUS, DELHI - 110001, INDIA	B26076372
9	10319870	24/12/2014 *	845,600,000.00	STATE BANK OF INDIA	B-39, CONNAUGHT CIRCUS, NEW DELHI, DELHI - 110001 , INDIA	C39568225
10	10314903	23/06/2012 *	45,000,000.00	CANARA BANK	PARLIAMENT STREET, DELHI - 110001, INDIA

* Date of charge modification

CONTINGENT LIABILITIES:

(Rs. in million)

PARTICULARS	31.03.2014	31.03.2013
Claims against company not acknowledged as debt	48.119	31.443
Guarantees	963.777	759.050

FIXED ASSETS

• Land
• Building
• Plant and Machinery
• Electrical Installations
• Tools and Testing
• Office Equipment
• Fire Fighting Equipment
• Furniture and Fixture
• Vehicle
• Computer

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.63.34
UK Pound	1	Rs.100.03
Euro	1	Rs.71.45

INFORMATION DETAILS

Information Gathered by :	PPT
Analysis Done by :	KAR
Report Prepared by :	GEET

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	6
PAID-UP CAPITAL	1~10	5
OPERATING SCALE	1~10	6
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	6
--PROFITABILITY	1~10	5
--LIQUIDITY	1~10	5
--LEVERAGE	1~10	5
--RESERVES	1~10	5
--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	YES
--EPF	YES/NO	NO
TOTAL		48

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.