MIRA INFORM REPORT

Report No. :	349612
Report Date :	13.11.2015

IDENTIFICATION DETAILS

Name :	ADHUNIK ALLOYS AND POWER LIMITED
Registered Office :	14, Netaji Subhas Road, 2nd Floor, Kolkata-700001, West Bengal
Tel. No.:	91-33-30517100
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	22.07.2003
Com. Reg. No.:	21-096616
Capital Investment / Paid-up Capital :	Rs. 458.555 Million
CIN No.: [Company Identification No.]	U27104WB2003PLC096616
IEC No.:	0205018297
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AAECA5290R
Legal Form :	A Closely Held Public Limited Liability Company
Line of Business :	Subject is primarily engaged in the manufacture and sale of Steel and Power.
No. of Employees :	400 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ba (47)

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 2003, belongs to Adhunik group of Kolkata. The company commenced manufacturing activity in July, 2005 with a sponge iron plant at Village Seraikela, Jharkhand. Currently, AAPL is engaged in manufacturing of sponge iron and billets, besides, being engaged in trading activity for iron and steel related products. It has satisfactory track record. The company possesses a decent profile marked by adequate networth base along with fair liquidity and profitability. Trade relations are fair. Business is active. Payment are reported to be usually correct. The company can be considered for 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 31-03-2015.

INFORMATION PARTED BY (GENERAL DETAILS)

Name :	Mr. Kuldeep
Designation :	Senior Executive
Contact No.:	91-33-30517100
Date :	10.11.2015

LOCATIONS

Registered Office :	14, Netaji Subhas Road, 2nd Floor, Kolkata-700001, West Bengal, India
Tel. No.:	91-33-22434355/22428551
Fax No.:	Not Available
E-Mail :	lalitlohia@adhunikgroup.co.in info@adhunikgroup.com
Website :	www.adhunikgroup.com
Location :	Owned
Corporate Office :	Lansdowne Towers, 2/1A, Sarat Bose Road, Kolkata-700020, West Bengal, India
Tel. No.:	91-33-30517100
Fax No.:	91-33-22890285
Factory :	Kandra Chowka Road, Kandra, District : Seraikela – Kharswan- 832402, Jharkhand, India
Marketing Offices :	Located at : · Jharkhand · Odisha · Punjab · Haryana · Maharashtra · Tamilnadu · Delhi
Overseas Offices :	Located at : · Brazil · Indonesia · Mauritius · Mozambique · Singapore · Tanzania

DIRECTORS

As on 30.09.2014

Name :

Mr. Nirmal Kumar Agarwal

Designation :

Managing director

Address :

BA-209, Salt Lake City, Kolkata-700064, West Bengal, India

Date of Birth/Age :

10.01.1962

Date of Appointment :

01.04.2011

PAN No.:

ACNPA0783F

DIN No.:

00605669

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	20/05/1992	20/05/1992	30/03/2010	Active	NO
2	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	12/02/1996	12/02/1996	01/11/2011	Active	NO
3	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	06/05/2002	06/05/2002	-	Active	NO
4	U27209WB2002PTC095080	SRI M P ISPAT AND POWER PRIVATE LIMITED	Director	01/11/2002	01/11/2002	-	Amalgamated	NO
5	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	09/04/2003	09/04/2003	30/03/2010	Active	NO
6	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	01/11/2011	Active	NO
7	U27104WB2003PLC096616	ADHUNIK ALLOYS AND POWER LIMITED	Managing director	01/04/2011	22/07/2003	-	Active	NO
8	U27107WB2003PLC096807	GANGA POWER AND NATURAL RESOURCES LIMITED	Director	19/08/2003	19/08/2003	-	Active	NO
9	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Director	19/08/2003	19/08/2003	-	Amalgamated	NO
10	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	01/11/2011	Active	NO
11	U65993WB1994PLC066223	SUNGROWTH SHARE AND STOCKS LIMITED.	Director	01/09/2003	01/09/2003	-	Active	NO
12	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	20/04/2004	20/04/2004	15/06/2010	Active	NO
13	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LTD.	Director	01/12/2004	01/12/2004	-	Active	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	27/09/2010	03/05/2005	-	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER AND NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI AND POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
17	U13100OR2006PTC008672	PATRAPADA COAL MINING COMPANY PRIVATE LIMITED	Nominee director	10/04/2006	10/04/2006	-	Strike off	NO
18	U27109OR2006PLC017026	ZION STEEL LIMITED	Director	16/08/2006	16/08/2006	30/03/2010	Active	NO
19	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
20	U70109DL2006PTC144559	J V FORGE INDIA PRIVATE LIMITED	Additional director	22/02/2007	22/02/2007	12/08/2007	Active	NO
21	U13201OR1953PLC017027	ORISSA MANGANESE AND MINERALS LTD	Director	05/04/2007	05/04/2007	-	Active	NO
22	U28910MH2004PLC207333	FIRST FORGE LIMITED	Director	04/10/2010	04/10/2007	26/04/2012	Active	NO
23	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	30/09/2013	19/03/2008	-	Active	NO
24	U15543WB1988PTC044453	VIJAYA MINERALS PVT LTD	Director	25/04/2008	25/04/2008	-	Strike off	NO
25	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	30/03/2010	Active	NO
26	U10100JH2008PTC013349	NORTH DHADHU MINING COMPANY PRIVATE LIMITED	Director	22/10/2008	22/10/2008	-	Active	NO
27	U10101ML2009PTC008382	West Khashi Minerals AND Mining Private Limited	Director	14/10/2009	14/10/2009	-	Active	NO
28	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
29	U63033WB2010PTC152479	Neepaz Aviation Private Limited	Director	20/08/2010	20/08/2010	-	Strike off	NO
30	U10200DL2013PLC259695	MCCLUSKIE COAL AND POWER LIMITED	Director	29/10/2013	29/10/2013	-	Active	NO

Name :

Mr. Jugal Kishore Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata-700064, West Bengal, India

Date of Birth/Age :

05.10.1951

Date of Appointment :

22.07.2003

PAN No.:

ADCPA9670K

DIN No.:

00227460

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	27/09/2012	20/05/1992	-	Active	NO
2	U65993WB1994PTC062157	SUVARNAPUSPA INVESTMENT PRIVATE LIMITED	Director	28/02/2000	28/02/2000	-	Amalgamated	NO
3	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Managing director	28/05/2002	28/05/2002	-	Amalgamated	NO
4	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	29/09/2010	31/03/2003	-	Active	NO
5	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	28/09/2012	Active	NO
6	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	03/05/2003	03/05/2003	-	Active	NO
7	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	02/06/2003	02/06/2003	-	Active	NO
8	U27104WB2003PLC096616	ADHUNIK ALLOYS AND POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
9	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Managing director	30/11/2014	27/08/2003	-	Active	NO
10	U65993WB1994PLC066223	SUNGROWTH SHARE AND STOCKS LIMITED.	Director	01/09/2003	01/09/2003	-	Active	NO
11	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	22/06/2004	22/06/2004	15/06/2010	Active	NO
12	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
13	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	30/03/2010	Active	NO
14	U40101WB2005PLC102935	ADHUNIK POWER AND NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
15	U70101WB2005PLC105172	ADHUNIK SHRISTI AND POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
16	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
17	U13201OR1953PLC017027	ORISSA MANGANESE AND MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
18	U15491WB1992PTC056802	KESAR TEA COMPANY PVT. LIMITED.	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
19	U15141WB1992PTC056803	KESAR OIL COMPANY PVT. LIMITED.	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
20	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	25/03/2008	Active	NO
21	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	27/09/2012	Active	NO
22	U27100WB2009PLC137300	SWARNREKHA STEEL INDUSTRIES LIMITED	Director	29/07/2009	29/07/2009	30/03/2015	Active	NO
23	U45400WB2007PTC117368	SPECTURM COMPLEX PRIVATE LIMITED	Director	29/09/2009	03/08/2009	01/11/2013	Active	NO
24	U10101ML2009PTC008383	RIBHOI MINING AND MINERALS PRIVATE LIMITED	Director	14/10/2009	14/10/2009	-	Active	NO
25	U10100WB2009PLC140050	MOIRA MADHUJORE COAL LIMITED	Director	09/12/2009	09/12/2009	27/05/2015	Active	NO
26	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
27	U13209WB2010PTC154485	GADCHIROLI MINING COMPANY PRIVATE LIMITED	Director	08/11/2010	08/11/2010	-	Active	NO
28	U74140WB2004PLC099957	HANUMAN ADVISORY LIMITED	Director	29/09/2012	07/03/2012	30/03/2015	Active	NO
29	U74140WB2004PLC099958	GAJESHWAR ADVISORY LIMITED	Director	29/09/2012	07/03/2012	30/03/2015	Active	NO
30	U51909WB2006PTC108140	ARAVALI MERCHANTS PRIVATE LIMITED	Director	29/09/2012	07/03/2012	-	Active	NO
31	U26960WB2013PTC198516	KOLKATA GLASS AND CERAMICS PRIVATE LIMITED	Director	20/11/2013	20/11/2013	-	Active	NO

Name :

Mr. Ghanshyam Das Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata-700064, West Bengal, India

Date of Birth/Age :

16.10.1957

Date of Appointment :

22.07.2003

PAN No.:

ACUPA0872G

DIN No.:

00507800

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	27/09/2012	20/05/1992	-	Active	NO
2	U27109WB1999PTC089773	NEEPAZ TUBE PRIVATE LIMITED	Director	02/07/1999	02/07/1999	-	Amalgamated	NO
3	U65993WB1994PTC062157	SUVARNAPUSPA INVESTMENT PRIVATE LIMITED	Director	28/02/2000	28/02/2000	-	Amalgamated	NO
4	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	01/04/2000	01/04/2000	-	Active	NO
5	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	14/11/2000	14/11/2000	25/02/2015	Active	NO
6	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	20/11/2001	20/11/2001	-	Active	NO
7	U27209WB2002PTC095080	SRI M P ISPAT AND POWER PRIVATE LIMITED	Director	29/08/2002	29/08/2002	-	Amalgamated	NO
8	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	31/03/2003	31/03/2003	-	Active	NO
9	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	28/09/2012	Active	NO
10	U27104WB2003PLC096616	ADHUNIK ALLOYS AND POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
11	U65993WB1994PLC066223	SUNGROWTH SHARE AND STOCKS LIMITED.	Director	28/07/2003	28/07/2003	-	Active	NO
12	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	25/03/2008	Active	NO
13	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Managing director	01/04/2014	01/12/2004	-	Active	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	25/03/2008	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER AND NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI AND POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
17	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
18	U28920WB1991PLC052122	Adhunik Power Transmission Limited.	Director	24/12/2006	24/12/2006	30/03/2010	Active	NO
19	U13201OR1953PLC017027	ORISSA MANGANESE AND MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
20	U28910MH2004PLC207333	FIRST FORGE LIMITED	Director	04/10/2007	04/10/2007	26/04/2012	Active	NO
21	U15141WB1992PTC056803	KESAR OIL COMPANY PRIVATE LIMITED	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
22	U15491WB1992PTC056802	KESAR TEA COMPANY PRIVATE LIMITED	Director	10/01/2008	10/01/2008	-	Amalgamated	NO
23	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	25/03/2008	Active	NO
24	U45400WB2007PTC117368	SPECTURM COMPLEX PRIVATE LIMITED	Director	01/04/2008	01/04/2008	01/11/2013	Active	NO
25	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	27/09/2012	Active	NO
26	U51909WB2006PLC108516	PERFORMANCE MARKETING LIMITED	Director	29/09/2008	08/08/2008	30/03/2010	Active	NO
27	U10101ML2009PTC008382	West Khashi Minerals AND Mining Private Limited	Additional director	26/03/2015	14/10/2009	-	Active	NO
28	U10101ML2009PTC008383	RIBHOI MINING AND MINERALS PRIVATE LIMITED	Director	14/10/2009	14/10/2009	-	Active	NO
29	U14200AS2010PTC009783	SONAPAHAR NATURAL RESOURCES PRIVATE LIMITED	Director	26/02/2010	26/02/2010	15/06/2010	Active	NO
30	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
31	U93090WB2013NPL193920	LANSDOWNE TOWERS OWNERS ASSOCIATION	Director	29/05/2013	29/05/2013	-	Active	NO

Name :

Mr. Mahesh Kumar Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata-700064, West Bengal, India

Date of Birth/Age :

10.05.1966

Date of Appointment :

22.07.2003

PAN No.:

ABCPA9259J

DIN No.:

00507690

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	30/09/2011	16/01/1995	20/12/2011	Active	NO
2	U27107WB1995PLC076049	FUTURISTIC STEEL LIMITED.	Director	18/12/1995	18/12/1995	08/11/2010	Active	NO
3	U65993WB1994PTC062157	SUVARNAPUSPA INVESTMENT PRIVATE LIMITED	Director	28/02/2000	28/02/2000	-	Amalgamated	NO
4	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	14/11/2000	14/11/2000	19/02/2015	Active	NO
5	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Managing director	20/04/2014	05/03/2001	-	Active	NO
6	U27209WB2002PTC095080	SRI M P ISPAT AND POWER PRIVATE LIMITED	Director	29/08/2002	29/08/2002	-	Amalgamated	NO
7	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	31/03/2003	31/03/2003	05/12/2011	Active	NO
8	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Additional director	25/03/2013	01/05/2003	12/04/2013	Active	NO
9	U27104WB2003PLC096616	ADHUNIK ALLOYS AND POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
10	U65993WB1994PLC066223	SUNGROWTH SHARE AND STOCKS LIMITED.	Director	28/07/2003	28/07/2003	-	Active	NO
11	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	-	Active	NO
12	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
13	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Director	01/01/2005	01/01/2005	-	Amalgamated	NO
14	U40101WB2005PLC102935	ADHUNIK POWER AND NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
15	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	05/12/2011	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI AND POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	13/12/2010	Active	NO
17	U13100OR2006PTC008672	PATRAPADA COAL MINING COMPANY PRIVATE LIMITED	Nominee director	10/04/2006	10/04/2006	-	Strike off	NO
18	U27102WB2004PTC097594	BENGAL SPONGE MANUFACTURERS MINING PRIVATE LIMITED	Director	27/07/2006	27/07/2006	03/11/2008	Active	NO
19	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
20	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	28/12/2006	28/12/2006	-	Active	NO
21	U13201OR1953PLC017027	ORISSA MANGANESE AND MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
22	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	01/02/2012	Active	NO
23	U45201AS2008PTC008718	MEGHTECH INFRASERVICES PRIVATE LIMITED	Director	26/06/2008	26/06/2008	15/12/2010	Active	NO
24	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	27/09/2012	Active	NO
25	U27100WB2009PLC137300	SWARNREKHA STEEL INDUSTRIES LIMITED	Director	29/07/2009	29/07/2009	13/12/2010	Active	NO
26	U45400WB2007PTC117368	SPECTURM COMPLEX PRIVATE LIMITED	Director	29/09/2009	03/08/2009	12/04/2012	Active	NO
27	U10100WB2009PLC140050	MOIRA MADHUJORE COAL LIMITED	Director	09/12/2009	09/12/2009	-	Active	NO
28	U13209WB2010PTC154485	GADCHIROLI MINING COMPANY PRIVATE LIMITED	Director	08/11/2010	08/11/2010	-	Active	NO
29	U17200WB1989PLC101348	ARENA TEXTILES AND INDUSTRIES LIMITED	Director	29/09/2012	07/09/2012	-	Active	NO
30	U26960WB2013PTC198516	KOLKATA GLASS AND CERAMICS PRIVATE LIMITED	Director	20/11/2013	20/11/2013	-	Active	NO

Name :

Mr. Manoj Kumar Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata-700064, West Bengal, India

Date of Birth/Age :

06.08.1969

Date of Appointment :

22.07.2003

PAN No.:

ADBPA8890N

DIN No.:

00227871

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	16/01/1995	16/01/1995	24/03/2011	Active	NO
2	U27109WB1999PTC089773	NEEPAZ TUBE PRIVATE LIMITED	Director	02/07/1999	02/07/1999	-	Amalgamated	NO
3	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	21/02/2001	21/02/2001	15/06/2010	Active	NO
4	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Managing director	16/03/2009	20/11/2001	-	Active	NO
5	U27101WB2002PLC094691	ADHUNIK ISPAT LIMITED	Director	28/05/2002	28/05/2002	-	Amalgamated	NO
6	U27209WB2002PTC095080	SRI M P ISPAT AND POWER PRIVATE LIMITED	Director	29/08/2002	29/08/2002	-	Amalgamated	NO
7	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	09/04/2003	09/04/2003	-	Active	NO
8	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/05/2003	01/05/2003	01/11/2011	Active	NO
9	U27104WB2003PLC096616	ADHUNIK ALLOYS AND POWER LIMITED	Director	22/07/2003	22/07/2003	-	Active	NO
10	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	30/11/2009	27/08/2003	01/11/2011	Active	NO
11	U65993WB1994PLC066223	SUNGROWTH SHARE AND STOCKS LIMITED.	Director	01/09/2003	01/09/2003	-	Active	NO
12	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	15/09/2003	15/09/2003	22/06/2008	Active	NO
13	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
14	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	25/03/2008	Active	NO
15	U40101WB2005PLC102935	ADHUNIK POWER AND NATURAL RESOURCES LIMITED	Managing director	25/09/2014	03/05/2005	-	Active	NO
16	U70101WB2005PLC105172	ADHUNIK SHRISTI AND POWER TRADING COMPANY LIMITED	Director	05/09/2005	05/09/2005	30/03/2010	Active	NO
17	U28920WB1991PLC052122	Adhunik Power Transmission Limited.	Director	24/05/2006	24/05/2006	31/10/2011	Active	NO
18	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
19	U70109DL2006PTC144559	J V FORGE INDIA PRIVATE LIMITED	Additional director	22/02/2007	22/02/2007	12/08/2007	Active	NO
20	U13201OR1953PLC017027	ORISSA MANGANESE AND MINERALS LIMITED	Director	21/03/2011	05/04/2007	-	Active	NO
21	U28910MH2004PLC207333	FIRST FORGE LIMITED	Director	04/10/2007	04/10/2007	26/04/2012	Active	NO
22	U74200WB2008PTC122977	AMUEL ENGINEERING PRIVATE LIMITED	Director	23/02/2008	23/02/2008	06/06/2011	Active	NO
23	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	01/02/2012	Active	NO
24	U15543WB1988PTC044453	VIJAYA MINERALS PRIVATE LIMITED	Director	25/04/2008	25/04/2008	-	Strike off	NO
25	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	01/11/2011	Active	NO
26	U10100JH2008PTC013349	NORTH DHADHU MINING COMPANY PRIVATE LIMITED	Director	01/12/2008	01/12/2008	-	Active	NO
27	U51109WB2006PTC111114	SWIFT VINIMAY PRIVATE LIMITED	Additional director	16/06/2009	16/06/2009	20/10/2010	Active	NO
28	U27100WB2009PLC137300	SWARNREKHA STEEL INDUSTRIES LIMITED	Director	29/07/2009	29/07/2009	30/03/2010	Active	NO
29	U27107WB2003PLC096807	GANGA POWER AND NATURAL RESOURCES LIMITED	Director	29/09/2009	29/07/2009	-	Active	NO
30	U27100OR2010PTC012205	NEEPAZ B C DAGARA STEELS PRIVATE LIMITED	Director	06/07/2010	06/07/2010	-	Active	NO
31	U63033WB2010PTC152479	Neepaz Aviation Private Limited	Director	20/08/2010	20/08/2010	-	Strike off	NO
32	U51909WB2010PTC153352	FAITHFUL MERCANTILE PRIVATE LIMITED	Director	23/09/2010	23/09/2010	06/08/2011	Active	NO
33	U10200DL2013PLC259695	MCCLUSKIE COAL AND POWER LIMITED	Director	29/10/2013	29/10/2013	-	Active	NO

Name :

Mr. Mohan Lal Agarwal

Designation :

Director

Address :

BA-209, Salt Lake City, Kolkata-700064, West Bengal, India

Date of Birth/Age :

10.05.1965

Date of Appointment :

16.03.2007

PAN No.:

ACVPA7179F

DIN No.:

01047906

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	U27109WB1992PLC055488	ADHUNIK STEELS LIMITED	Director	27/09/2012	16/01/1995	-	Active	NO
2	U27106WB1996PLC076992	ADHUNIK CORPORATION LIMITED	Director	02/02/1996	02/02/1996	-	Active	NO
3	U27101ML2000PTC006356	ADHUNIK MEGHALAYA STEELS PRIVATE LIMITED	Director	14/11/2000	14/11/2000	15/06/2010	Active	NO
4	U52392WB2003PLC095975	ADHUNIK INFOTECH LIMITED	Director	09/04/2003	09/04/2003	30/03/2010	Active	NO
5	U65993WB1994PLC066223	SUNGROWTH SHARE AND STOCKS LIMITED.	Director	28/07/2003	28/07/2003	-	Active	NO
6	L65921WB1979PLC032200	ADHUNIK INDUSTRIES LIMITED	Director	27/08/2003	27/08/2003	-	Active	NO
7	L28110OR2001PLC017271	ADHUNIK METALIKS LIMITED	Director	15/09/2003	15/09/2003	-	Active	NO
8	U51909WB1995PLC070966	MAHANANDA SUPPLIERS LIMITED.	Director	01/12/2004	01/12/2004	-	Active	NO
9	U40101WB2005PLC102934	NEEPAZ POWER LIMITED	Director	03/05/2005	03/05/2005	30/03/2010	Active	NO
10	U40101WB2005PLC102935	ADHUNIK POWER AND NATURAL RESOURCES LIMITED	Director	03/05/2005	03/05/2005	-	Active	NO
11	U70101WB2005PLC105172	ADHUNIK SHRISTI AND POWER TRADING COMPANY LIMITED	Director	21/09/2012	05/09/2005	30/03/2015	Active	NO
12	U27107WB1995PLC076049	FUTURISTIC STEEL LIMITED.	Managing director	01/04/2011	01/04/2006	23/08/2014	Active	NO
13	U27109OR2006PLC017026	ZION STEEL LIMITED	Director	16/08/2006	16/08/2006	-	Active	NO
14	U45203WB2006PLC111423	NEEPAZ INFRASTRUCTURE AND DEVELOPERS LIMITED	Director	20/09/2006	20/09/2006	03/10/2008	Active	NO
15	U27104WB2003PLC096616	ADHUNIK ALLOYS AND POWER LIMITED	Director	16/03/2007	16/03/2007	-	Active	NO
16	U13201OR1953PLC017027	ORISSA MANGANESE AND MINERALS LIMITED	Director	05/04/2007	05/04/2007	-	Active	NO
17	U27109OR1991PLC002859	VEDVYAS ISPAT LIMITED	Additional director	15/08/2007	15/08/2007	-	Amalgamated	NO
18	U26942ML2003PLC007090	ADHUNIK CEMENT LIMITED	Director	01/12/2007	01/12/2007	28/09/2012	Active	NO
19	U14219WB2008PLC124324	VASUNDHRA RESOURCES LIMITED	Director	19/03/2008	19/03/2008	30/03/2010	Active	NO
20	U26959AS2008PLC008717	ADHUNIK MSP CEMENT (ASSAM) LIMITED	Director	26/06/2008	26/06/2008	30/03/2010	Active	NO
21	U14200AS2010PTC009783	SONAPAHAR NATURAL RESOURCES PRIVATE LIMITED	Director	26/02/2010	26/02/2010	-	Active	NO
22	U51909WB2006PLC108516	PERFORMANCE MARKETING LIMITED	Director	26/09/2011	02/04/2011	30/03/2015	Active	NO

KEY EXECUTIVES

Name :	Mr. Lalit Lohia
Designation :	Secretary
Address :	2, Arabinda Road, Bandhaghat, Howrah-711106, West Bengal, India
Date of Birth/Age :	14.05.1984
Date of Appointment :	27.04.2012
PAN No.:	AEWPL5300G
Name :	Mr. Ajit Kumar Singh
Designation :	Chief Finance Officer
Address :	232, Vijaya Heritage, Kadma, Jamshedpur-831005, Jharkhand, India
Date of Appointment :	20.12.2014
PAN No.:	ALKPS4613A
Name :	Mr. Kuldeep
Designation :	Senior Executive

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 30.09.2014

Names of Shareholders	No. of Shares
Jugal Kishore Agarwal	877368
Ghanshyamdas Agarwal	768168
Nrrmal Kumar Agarwal	636368
Mahesh kumar	740368
Manoj Kumar Agarwal	868368
Sungrowth Share and Stocks Limited, India	9990600
Mahananda Suppliers Limited, India	11262200
Naveen Kumar Agarwal	95000
ChandraKant Agarwal	232000
Anita Agarwal	336000
Mohanlal Agarwal	842360
Rita Agarwal	130000
Adhunik Steels Limited, India	3814000
Janaki Textile and Industries Limited, India	1350000
Hanuman Advisory Limited, India	1040000
Meena Agarwal	204200
Sonika Agarwal	104000
Adhunik Tie-Up Private Limited, India	8800000
Dayanidhi Commercial Limited, India	673000
Padmakshi Vyapaar Private Limited, India	812500
Shreyans Dealers Private Limited, India	676500
Dayanidhi Vyapaar Limited, India	1167000
Arch Vinimay Private Limited, India	190000
Ratnakar Dealers Private Limited, India	207500
Trinity Commodities Private Limited, India	38000
Total	45855500

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2014

Category	Percentage
Bodies corporate	87.28
Directors or relatives of Directors	12.72
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is primarily engaged in the manufacture and sale of Steel and Power.

Products/ Services :

Item Code No.	Product/ Services Description
72031000	Billet
72071920	Sponge
26011130	CPP power

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Products :

Finished goods

Countries :

Nepal

Imports :

Products :

Raw Material

Countries :

China

Terms :

Selling :

Cash, Advance Payment, L/C, Cheque and Credit

Purchasing :

Cash, Advance Payment, L/C, Cheque 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 :

Payment Behaviour	Market Goodwill	Overall
Not Divulged	Not Divulged	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 :

Product Quality	Delivery Behaviour	Overall
Not Divulged	Not Divulged	Not Divulged

Remark:

Not Divulged

No. of Employees :

400 (Approximately)

Bankers :

Bank Name	State Bank of India (Lead Bank)
Branch	Industrial Finance Branch, 11, Dr. U. N. Brahmachari Street, Kolkata - 700017, West Bengal, India
Person Name (With Designation)	Not Available
Contact Number	91-33-22873200 (Ringing)
Name of Account Holder	Not Available
Account Number	Not Available
Account Since (Date/Year of Account Opening)	Not Available
Average Balance Maintained (If Possible)	Not Available
Credit Facilities Enjoyed (If any)	Not Available
Account Operation	Not Available
Remarks (If any)	Not Available

State Bank of Patiala, Commercial Branch, 8, Camac Street, Kolkata- 700017, West Bengal, India

Facilities :

Secured Loan	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Long-term Borrowings
Fully convertible debentures banks	1100.000	1100.000
Term loans from banks	2125.748	1882.737
Term loans from others	230.422	257.430
Deferred payment liabilities	0.454	2.338
Short-term borrowings
Working capital loans from banks	1438.420	1233.286
Total	4895.044	4475.791

Auditors :
Name :	N.D Mimani and Associates Chartered Accountants
Address :	29B, Rabindra Sarani, Room No. 23, 3rd Floor, Kolkata, West Bengal, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAGFN9393P
Memberships :	--
Collaborators :	--
Subsidiaries Companies:	Neepaz Minerals Resources Limited, Mauritius Neepaz Energy Lda, Mozambique Gangez Minerals Resources Limited, Mozambique Neepaz Holding Limited, Mauritius Neepaz Hydrocarbures Limited, Mauritius Neepaz Miniere Precieux S.A., Mauritius Performance Marketing Limited CIN No.: U51909WB2006PLC108516 Vijaya Minerals Private Limited CIN No.: U15543WB1988PTC044453 Vijaya Minerals Private Limited CIN No.: U15543WB1988PTC044453 Neepaz Overseas Enterprises Pte. Limited, Singapore United Minerals
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives :	Adhunik Corporation Limited CIN No.: U27106WB1996PLC076992 Adhunik Industries Limited CIN No.: L65921WB1979PLC032200 Aadhunik Steels Limited CIN No.: U27109WB1992PLC055488 Adhunik Meghalaya Steels Private Limited CIN No.: U27101ML2000PTC006356 Adhunik Metaliks Limited CIN No.: L28110OR2001PLC017271 Adhunik Power And Natural Resources Limited CIN No.: U40101WB2005PLC102935 Adhunik Power Transmission Limited CIN No.: U28920WB1991PLC052122 Futuristic Steel Limited CIN No.: U27107WB1995PLC076049 Mahananda Suppliers Limited CIN No.: U51909WB1995PLC070966 Orissa Manganese and Minerals Limited CIN No.: U13201OR1953PLC017027 Sungrowth Share and Stocks Limited CIN No.: U65993WB1994PLC066223 Swarnrekha Steel Industries Limited CIN No.: U27100WB2009PLC137300 Vasundhra Resources Limited CIN No.: U14219WB2008PLC124324 Mccluskie Coal and Power Limited CIN No.: U10200DL2013PLC259695

CAPITAL STRUCTURE

As on 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
50,000,000	Equity Shares	Rs.10/- each	Rs. 500.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
45,855,500	Equity Shares	Rs.10/- each	Rs. 458.555 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	458.555	458.555	458.555
(b) Reserves & Surplus	1605.909	1554.307	1530.161
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	43.630	47.266	50.902
Total Shareholders’ Funds (1) + (2)	2108.094	2060.128	2039.618
(3) Non-Current Liabilities
(a) long-term borrowings	3564.733	3350.614	3665.519
(b) Deferred tax liabilities (Net)	638.447	579.935	503.858
(c) Other long term liabilities	289.014	385.148	0.000
(d) long-term provisions	11.984	10.816	8.587
Total Non-current Liabilities (3)	4504.178	4326.513	4177.964
(4) Current Liabilities
(a) Short term borrowings	1438.420	1233.286	1063.674
(b) Trade payables	1140.389	1503.241	2155.293
(c) Other current liabilities	706.593	649.227	431.678
(d) Short-term provisions	25.007	18.459	0.635
Total Current Liabilities (4)	3310.409	3404.213	3651.280
TOTAL	9922.681	9790.854	9868.862
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	5017.154	5321.466	4706.630
(ii) Intangible Assets	23.245	23.490	23.735
(iii) Capital work-in-progress	122.663	0.000	755.715
(iv) Intangible assets under development	590.356	142.772	0.000
(b) Non-current Investments	516.461	505.344	495.282
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	18.657	18.695	55.115
(e) Other Non-current assets	0.010	0.010	0.010
Total Non-Current Assets	6288.546	6011.777	6036.487
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	1742.586	1981.791	2122.254
(c) Trade receivables	696.028	613.373	367.951
(d) Cash and cash equivalents	177.812	149.270	95.956
(e) Short-term loans and advances	878.799	925.267	1115.274
(f) Other current assets	138.910	109.376	130.940
Total Current Assets	3634.135	3779.077	3832.375
TOTAL	9922.681	9790.854	9868.862

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	6543.129	6360.536	5785.468
		Other Income	33.920	31.833	161.173
		TOTAL (A)	6577.049	6392.369	5946.641
Less	EXPENSES
		Cost of Materials Consumed	4506.592	4691.369	4761.256
		Purchases of Stock-in-Trade	0.000	0.000	0.000
		Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	326.983	-81.602	-440.316
		Employees benefits expense	121.468	128.807	116.123
		Other expenses	562.513	565.935	599.756
		TOTAL (B)	5517.556	5304.509	5036.819
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)		1059.493	1087.860	909.822
Less	FINANCIAL EXPENSES (D)		604.541	677.113	607.851
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		454.952	410.747	301.971
Less/ Add	DEPRECIATION/ AMORTISATION (F)		317.269	284.985	276.284
	PROFIT/ (LOSS) BEFORE TAX (E-F) (G)		137.683	125.762	25.687
Less	TAX (H)		27.569	25.540	6.529
	PROFIT/ (LOSS) AFTER TAX (G-H) (I)		110.114	100.222	19.158
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		708.624	608.402	589.244
	BALANCE CARRIED TO THE B/S		818.738	708.624	608.402
	Earnings / (Loss) Per Share (Rs.)
	Basic		2.40	2.19	0.42
	Diluted		1.27	1.21	0.42

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2014	31.03.2013	31.03.2012
Current Maturities of Long term debt	474.188	327.706	159.636
Cash generated from operations	NA	NA	NA
Net cash flows from (used in) operation	818.475	1174.570	38.098

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	1.68	1.58	0.33
Operating Profit Margin (PBIDT/Sales)	(%)	16.19	17.10	15.73
Return on Total Assets (PBT/Total Assets}	(%)	1.58	1.38	0.30
Return on Investment (ROI) (PBT/Networth)		0.07	0.06	0.01
Debt Equity Ratio (Total Debt /Networth)		2.60	2.38	2.40
Current Ratio (Current Asset/Current Liability)		1.10	1.11	1.05

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	458.555	458.555	458.555
Reserves & Surplus	1530.161	1554.307	1605.909
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	50.902	47.266	43.630
Net worth	2039.618	2060.128	2108.094
long-term borrowings	3665.519	3350.614	3564.733
Short term borrowings	1063.674	1233.286	1438.420
Current Maturities Of Long-Term Debts	159.636	327.706	474.188
Total borrowings	4888.829	4911.606	5477.341
Debt/Equity ratio	2.397	2.384	2.598

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	5785.468	6360.536	6543.129
		9.940	2.871

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	5785.468	6360.536	6543.129
Profit	19.158	100.222	110.114
	0.33%	1.58%	1.68%

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)	Yes
16]	No. of employees	Yes
17]	Details of sister concerns	Yes
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	No
32]	Litigations that the firm/promoter involved in	--
33]	Market information	--
34]	Payments terms	Yes
35]	Negative Reporting by Auditors in the Annual Report	No

CORPORATE INFORMATION

The company having manufacturing facilities at Seraikela Kharshwan, Jharkhand is primarily engaged in the manufacture and sale of Steel and Power.

OPERATIONS

During the year, the Company achieved a turnover of Rs. 6543.129 Million and PAT of Rs. 110.114 Million The Company currently operates a DRI facility (210000 MTPA), 30MW Captive Power Plant, Coal washery (300000 MTPA), Steel Melting Shop (158400 MTPA of Billets) along with a Railway Siding.

UNSECURED LOAN

PARTICULARS	31.03.2014 (Rs. in Million)	31.03.2013 (Rs. in Million)
Long-term Borrowings
Other loans and advances	108.109	108.109
Total	108.109	108.109

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10577142	03/06/2015	3,750,000.00	STATE BANK OF PATIALA	COMMERCIAL BRANCH,, 8, CAMAC STREET, KOLKATA, West Bengal - 700017, INDIA	C57573693
2	10526388	15/10/2014	500,000,000.00	ICICI BANK LIMITED	LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, Gujarat - 390015, INDIA	C30040554
3	10524500	22/08/2014	420,000,000.00	ALLAHABAD BANK	STEPHEN HOUSE BRANCH, 4, B.B.D BAG (EAST), KOLKATA, West Bengal - 700001, INDIA	C27269364
4	10487125	27/05/2014 *	450,000,000.00	State Bank of India	Reliance House, Second Floor,, 34, Jawahar Lal Nehru Road, Kolkata, West Bengal - 700071, INDIA	C06106488
5	10468727	21/12/2013	450,000,000.00	ICICI BANK LIMITED	2B, GORKY TERRACE, KOLKATA, West Bengal - 700017,  INDIA	B92946466
6	10468728	21/12/2013	200,000,000.00	ICICI BANK LIMITED	2B, GORKY TERRACE, KOLKATA, West Bengal - 700017,  INDIA	B92946938
7	10402644	18/06/2014 *	600,000,000.00	PUNJAB NATIONAL BANK	52A, SHAKESPEARE SARANI, KOLKATA, West Bengal - 700017, INDIA	C14740351
8	10378626	27/03/2014 *	57,500,000.00	SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA	1ST FLOOR, SHANTINIKETAN BUILDING, BISTUPUR, JAMS  HEDPUR, Jharkhand - 831001, INDIA	C00944017
9	10366100	16/07/2012	330,000,000.00	STATE BANK OF PATIALA	MID CORPORATE BRANCH, 8, CAMAC STREET,, SHANTINIK  ETAN,, KOLKATA, West Bengal - 700017, INDIA	B43975093
10	10319609	10/11/2011	130,000,000.00	RELIANCE CAPITAL LIMITED	"H" BLOCK 1ST FLOOR, Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai, Maharashtra - 400710, INDIA	B26020180

* Date of charge modification

FIXED ASSETS

• Land
• Building
• Plant and machinery
• Furniture and fixture
• Vehicle
• Computer
• Office equipment

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.66.29
UK Pound	1	Rs.101.88
Euro	1	Rs.73.98

INFORMATION DETAILS

Information Gathered by :	KMN
Analysis Done by :	RAS
Report Prepared by :	JYTK

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	5
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	YES
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		47

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.