MIRA INFORM REPORT

Report No. :	343693
Report Date :	05.10.2015

IDENTIFICATION DETAILS

Name :	JCSS CONSULTING PRIVATE LIMITED (w.e.f. 24.07.2000)
Formerly Known As :	JCS HOLDINGS PRIVATE LIMITED
Registered Office :	2^nd Floor, Uniworth Plaza, No. 20, Sankey Road, Bangalore – 560020, Karnataka
Tel. No.:	91-80-23347000
Country :	India
Financials (as on) :	31.03.2014
Date of Incorporation :	03.03.1998
Com. Reg. No.:	08-023450
Capital Investment / Paid-up Capital :	Rs. 0.100 Million
CIN No.: [Company Identification No.]	U74140KA1998PTC023450
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	BLRJ00569C
PAN No.: [Permanent Account No.]	AAACJ8466A
Legal Form :	Private Limited Liability Company
Line of Business :	Providing Consultancy to French Companies Setting Operations in India like Attest and Assurance, Corporate Advisory, Enterprise Support, Tax and Indirect Tax.
No. of Employees :	Information declined by the management

RATING & COMMENTS

MIRA’s Rating :

Ba (49)

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

Maximum Credit Limit :	USD 10000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear
Comments :	Subject was established in the year 1998 and engaged in the business of Providing Consultancy to French Companies Setting Operations in India like Attest and Assurance, Corporate Advisory, Enterprise Support, Tax and Indirect Tax. It is an established company having a satisfactory track record. Financial position of the company seems to be decent. Trade relations are fair. Business is active. Payment terms reported to be usually correct. The company can be considered normal for business dealings at usual trade terms and conditions. Note : The financial earlier mentioned in the report on dated 5th June, 2015 with Ref no: 326050 was of sister concern company i.e., JSCC consulting India Private Limited. Now, both the company’s financial are reported herein.

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) DEFAILTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2013.

INFORMATION PARTED BY

Name :	Mr. Anand
Designation :	Finance Head
Contact No.:	91-80-23347000

LOCATIONS

Registered Office :	2^nd Floor, Uniworth Plaza, No. 20, Sankey Road, Bangalore – 560020, Karnataka, India
Tel. No.:	91-80-23347000
Fax No.:	Not Available
E-Mail :	srikanths@jcssglobal.com

DIRECTORS

AS ON 25.09.2014

Name :

Mr. Srikanth Srinivasan

Designation :

Director

Address :

No.277, 6TH B Main Road, Vishweshvariah Colony, HMT Layout, RT Nagar, Bangalore - 560032, Karnataka, India

Date of Birth/Age :

03.04.1972

Date of Appointment :

27.07.2000

PAN No. :

AESPS5289K

DIN No. :

00084104

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	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	27/07/2000	27/07/2000	-	Active	NO
2	U31200KA1990FTC010883	POLYHYDRON SYSTEMS PRIVATE LIMITED	Nominee director	02/08/2010	20/02/2001	09/02/2011	Active	NO
3	U72200KA2007PTC041464	VANU INDIA PRIVATE LIMITED	Director	11/01/2007	11/01/2007	13/09/2007	Active	NO
4	U93000KA2007PTC044321	JCSS CrestLaw Private Limited	Director	19/11/2007	19/11/2007	-	Active	NO
5	U45201DL2008PTC181071	Opus International India Private Limited	Director	18/07/2008	18/07/2008	29/09/2008	Active	NO
6	U74900KA2008PTC048694	J.Logicom India Private Limited	Director	24/12/2008	24/12/2008	13/05/2009	Active	NO
7	U27310TN2010PTC077857	Techno Steel Processing India Private Limited	Director	28/10/2010	28/10/2010	03/11/2010	Under liquidation	NO
8	U29253DN2010FTC000436	Tsubaki Hoover India Private Limited	Director	16/12/2010	16/12/2010	29/05/2011	Active	NO
9	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	08/06/2011	08/06/2011	-	Active	NO
10	U13200KA2012PTC063149	HYBON INPROTEC Private Limited	Director	21/03/2012	21/03/2012	06/04/2012	Active	NO
11	U34202KA2012PTC063877	KAWASAKI-MK Industries India Private Limited	Director	07/05/2012	07/05/2012	01/06/2012	Active	NO
12	U51109KA2012FTC066010	COMINIX INDIA PRIVATE LIMITED	Director	25/09/2012	25/09/2012	01/11/2012	Active	NO
13	U92412KA2012PTC066358	SFERA STUDIOS INDIA PRIVATE LIMITED	Director	18/10/2012	18/10/2012	22/01/2013	Active	NO
14	U74900KA2013PTC069529	Varistha Strategic Sourcing Private Limited	Director	05/06/2013	05/06/2013	-	Active	NO
15	U74140TN2013PTC093372	JCSS MANAGEMENT CONSULTING PRIVATE LIMITED	Director	17/10/2013	17/10/2013	-	Active	NO
16	U63040KA2014PTC074914	TT BHARAT INTEGRATED LOGISTICS PRIVATE LIMITED	Director	18/06/2014	18/06/2014	28/06/2014	Active	NO
17	U28111KA2014PTC074964	TT STEEL SERVICE INDIA PRIVATE LIMITED	Director	20/06/2014	20/06/2014	28/06/2014	Active	NO
18	U01222TZ1994PLC004951	SUGUNA FOODS LIMITED	Director	11/08/2014	14/07/2014	-	Active	NO
19	AAB-5383	ASPIRE GLOBAL CONSULTING LLP	Designated Partner	21/05/2013	21/05/2013	26/06/2013	Active	NO
20	AAB-5383	ASPIRE GLOBAL CONSULTING LLP	Body corporate as Designated Partner	27/06/2013	27/06/2013	26/06/2013	Active	NO

Name :

Mr. Srikanth Balakrishnan

Designation :

Director

Address :

No. 354, 3^rd Cross, 9th Main, Ideal Homes Township Phase I, Mysore Road, Bangalore - 560039, Karnataka, INDIA

Date of Birth/Age :

22.05.1973

Date of Appointment :

03.03.1998

PAN No. :

ACJPB1686L

DIN No. :

00328936

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	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	03/03/1998	03/03/1998	-	Active	NO
2	U93000KA2007PTC044321	JCSS CrestLaw Private Limited	Director	25/09/2014	06/11/2007	-	Active	NO
3	U51909KA2005PTC050069	MARKS AND SPENCER (INDIA) PRIVATE LIMITED	Director	27/09/2010	20/11/2009	-	Active	NO
4	U72900KA2007PTC041872	STG BUSINESS SERVICES INDIA PRIVATE LIMITED	Director	10/09/2010	16/08/2010	01/11/2011	Active	NO
5	U29253DN2010FTC000436	Tsubaki Hoover India Private Limited	Director	16/12/2010	16/12/2010	29/05/2011	Active	NO
6	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	08/06/2011	08/06/2011	-	Active	NO
7	U72900KA2004PTC035069	FIRETIDE NETWORKS PRIVATE LIMITED	Additional director	22/11/2012	28/11/2011	10/12/2012	Active	NO
8	U34202KA2012PTC063877	KAWASAKI-MK Industries India Private Limited	Director	07/05/2012	07/05/2012	01/06/2012	Active	NO
9	U51109KA2012FTC066010	COMINIX INDIA PRIVATE LIMITED	Director	25/09/2012	25/09/2012	01/11/2012	Active	NO
10	U74900KA2013PTC069529	Varistha Strategic Sourcing Private Limited	Director	05/06/2013	05/06/2013	-	Active	NO
11	U74140TN2013PTC093372	JCSS MANAGEMENT CONSULTING PRIVATE LIMITED	Director	17/10/2013	17/10/2013	-	Active	NO
12	AAC-3365	SAHAYAM INTERVENTION CENTRE LLP	Designated Partner	02/06/2014	02/06/2014	-	Active	NO

Name :

Puli Rangaswamy Srinivas

Designation :

Director

Address :

No. 32/1, Flat No. 1104, Amogh VCN Apartment, 3 Cross, 3 Main, B-Block, Beml L/O, Basaveshwar Nagar, Bangalore – 560079, Karnataka, India

Date of Birth/Age :

29.10.1969

Date of Appointment :

25.09.2014

DIN No.:

00352547

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	U72200KA2004PTC033843	KBACE TECHNOLOGIES PRIVATE LIMITED	Alternate director	07/12/2014	06/07/2006	-	Active	NO
2	U72900KA2004PTC035069	FIRETIDE NETWORKS PRIVATE LIMITED	Alternate director	10/09/2006	10/09/2006	16/01/2007	Active	NO
3	U72200KA2008PTC047847	BRIDGECO TECHNOLOGIES INDIA PRIVATE LIMITED	Director	24/09/2008	24/09/2008	01/06/2009	Amalgamated	NO
4	U45201KA2005PTC057169	PRIMROSE INFRASTRUCTURE PROJECTS (INDIA) PRIVATE LIMITED	Director	30/09/2009	02/03/2009	29/12/2012	Active	NO
5	U93000KA2005PTC060292	Malachite Business Support Services Private Limited	Director	30/09/2009	02/03/2009	08/01/2013	Active	NO
6	U74900PN2009PTC134781	Antenna Volantis Mobile Systems Private Limited	Director	08/10/2009	08/10/2009	19/03/2010	Active	NO
7	U72200TG2006PTC051392	BACKOFFICE I T SERVICES INDIA PRIVATE LIMITED	Director	30/09/2010	06/07/2010	-	Active	NO
8	U72200KA2011PTC057220	Qualys Security TechServices Private Limited	Director	23/02/2011	23/02/2011	-	Active	NO
9	U72900KA2011PTC057636	CloudTrigger Consulting Private Limited	Director	15/03/2011	15/03/2011	10/06/2012	Active	NO
10	U72900TG2011PTC073804	BENU NETWORKS PACKET SWITCH PRIVATE LIMITED	Director	08/10/2012	05/09/2011	-	Active	NO
11	U74140KA2008PTC047554	Walden India Advisors Private Limited	Additional director	29/11/2011	29/11/2011	20/02/2012	Active	NO
12	U52100KA2011PTC061720	HNG Retail Private Limited	Director	19/12/2011	19/12/2011	31/03/2012	Active	NO
13	U29242KA2012PTC062685	Nikhil Electro-Mech Engineering Private Limited	Director	23/02/2012	23/02/2012	20/04/2012	Active	NO
14	U72200KA2012PTC065857	Blue Jeans Network India Private Limited	Director	11/09/2012	11/09/2012	-	Active	NO
15	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	25/09/2014	05/10/2013	-	Active	NO
16	U72900KA2012PTC064356	Certara Software India Private Limited	Director	26/05/2014	21/10/2013	-	Active	NO
17	U29253KA2012FTC067218	UNIFLEX HOSE ASSEMBLY MACHINES INDIA PRIVATE LIMITED	Additional director	06/01/2015	18/11/2013	-	Active	NO
18	U72900PN2013FTC147393	PARALLEL WIRELESS INDIA PRIVATE LIMITED	Director	02/09/2014	27/05/2014	-	Active	NO
19	U67190MH2008PTC182633	Sarasin Alpen (India) Private Limited	Additional director	12/06/2014	12/06/2014	-	Under liquidation	NO
20	U72200KA2001PTC028435	QUICKLOGIC SOFTWARE (INDIA) PRIVATE LIMITED	Director	28/08/2014	16/06/2014	-	Active	NO

Name :

Mr. Mahaveer C. Jain

Designation :

Director

Address :

3^rd Floor, No 2 and 3 , Sharavanee Park View Apartments, Subbaramma Chetty Circle, Basavanagudi, Bangalore - 560004, Karnataka, India

Date of Birth/Age :

31.01.1972

Date of Appointment :

27.07.2000

PAN No.:

ACUPJ4664P

DIN No. :

00420940

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	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	27/07/2000	27/07/2000	-	Active	NO
2	U45201KA2005PTC057169	PRIMROSE INFRASTRUCTURE PROJECTS (INDIA) PRIVATE LIMITED	Additional director	11/12/2008	30/09/2005	09/03/2009	Active	NO
3	U93000KA2005PTC060292	Malachite Business Support Services Private Limited	Additional director	11/12/2008	14/10/2005	09/03/2009	Active	NO
4	U72200KA2007PTC041464	VANU INDIA PRIVATE LIMITED	Director	11/01/2007	11/01/2007	13/09/2007	Active	NO
5	U93000KA2007PTC044321	JCSS CrestLaw Private Limited	Director	06/11/2007	06/11/2007	-	Active	NO
6	U45201DL2008PTC181071	Opus International India Private Limited	Director	18/07/2008	18/07/2008	29/09/2008	Active	NO
7	U65999KA2008PTC047388	SCARLET INVESTMENTS PRIVATE LIMITED	Director	06/08/2008	06/08/2008	-	Active	NO
8	U72200KA2008PTC047847	BRIDGECO TECHNOLOGIES INDIA PRIVATE LIMITED	Director	24/09/2008	24/09/2008	01/06/2009	Amalgamated	NO
9	U74900KA2008PTC048694	J.Logicom India Private Limited	Director	24/12/2008	24/12/2008	13/05/2009	Active	NO
10	U72900KA2009PTC049605	Teleca Software Solutions (India) Private Limited	Director	17/04/2009	17/04/2009	17/06/2009	Active	NO
11	U27310TN2010PTC077857	Techno Steel Processing India Private Limited	Director	28/10/2010	28/10/2010	03/11/2010	Under liquidation	NO
12	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	08/06/2011	08/06/2011	-	Active	NO
13	U55101KA2012PTC064828	RADHA-RAMAN HOSPITALITY PRIVATE LIMITED	Director	16/12/2013	07/09/2012	-	Active	NO
14	U74140TN2013PTC093372	JCSS MANAGEMENT CONSULTING PRIVATE LIMITED	Director	17/10/2013	17/10/2013	-	Active	NO

Name :

Mr. Jatin Anil Christopher

Designation :

Director

Address :

7 New Mission Compound, Lalbagh Road, Bangalore – 560027, Karnataka, India

Date of Birth/Age :

15.07.1974

Date of Appointment :

03.03.1998

PAN No. :

ADLPC8980D

DIN No. :

00556494

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	U29199KA1998PTC023449	TECHMEN TECHNOLOGIES PRIVATE LIMITED	Director	03/03/1998	03/03/1998	-	Strike off	NO
2	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	03/03/1998	03/03/1998	-	Active	NO
3	U45201KA2005PTC057169	PRIMROSE INFRASTRUCTURE PROJECTS (INDIA) PRIVATE LIMITED	Director	30/09/2009	30/09/2005	29/12/2012	Active	NO
4	U93000KA2005PTC060292	Malachite Business Support Services Private Limited	Director	29/09/2008	14/10/2005	08/01/2013	Active	NO
5	U93000KA2007PTC044321	JCSS CrestLaw Private Limited	Director	19/11/2007	19/11/2007	-	Active	NO
6	U72200KA2007PTC041973	BUBBLE MOTION RESEARCH AND DEVELOPMENT INDIA PRIVATE LIMITED	Additional director	15/03/2011	15/03/2011	30/09/2011	Active	NO
7	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	08/06/2011	08/06/2011	-	Active	NO
8	U51909KA2011FTC057447	Time Medical Technology Private Limited	Additional director	21/09/2011	21/09/2011	-	Strike off	NO
9	U51101KA2010FTC055098	Time Medical India Private Limited	Director	28/10/2011	21/09/2011	-	Strike off	NO
10	U80904KA2013PTC070060	EFFILOR CONSULTING SERVICES PRIVATE LIMITED	Director	09/07/2013	09/07/2013	29/07/2013	Active	NO
11	U74140TN2013PTC093372	JCSS MANAGEMENT CONSULTING PRIVATE LIMITED	Director	17/10/2013	17/10/2013	-	Active	NO
12	U40102KA2000PLC026255	METCAN PACKS LIMITED	Director	17/04/2015	31/01/2015	-	Active	NO

Name :

Ms. Mansi Christopher

Designation :

Director

Address :

7 New Mission Compound, Lalbagh Road, Bangalore – 560027, Karnataka, India

Date of Birth/Age :

05.07.1975

Date of Appointment :

14.01.2002

PAN No. :

AEEPC3371P

DIN No. :

01924157

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	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	14/01/2002	14/01/2002	-	Active	NO
2	U29199KA1998PTC023449	TECHMEN TECHNOLOGIES PRIVATE LIMITED	Additional director	01/09/2008	01/09/2008	-	Strike off	NO
3	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	05/03/2014	05/03/2014	-	Active	NO

Name :

Ms. Sunitha Kumari

Designation :

Director

Address :

3^rd Floor, No. 2 & 3, Shravanee Park, View Appartments, Subbarama Chetty Circle, Basavanagudi, Bangalore – 560004, Karnataka, India

Date of Birth/Age :

11.04.1972

Date of Appointment :

14.01.2002

PAN No. :

AJXPK6370P

DIN No. :

02015023

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	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	14/01/2002	14/01/2002	-	Active	NO
2	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	05/03/2014	05/03/2014	-	Active	NO

Name :

Mr. Subramaniam Balakrishnan

Designation :

Director

Address :

No.354, 3^rd Cross, 9th Main, Ideal Homes Township Phase I, Mysore Road, Bangalore - 560039, Karnataka, India

Date of Birth/Age :

01.06.1937

Date of Appointment :

03.04.2002

PAN No. :

ABPPB0317D

DIN No. :

02067958

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	U74140KA1998PTC023450	JCSS CONSULTING PRIVATE LIMITED	Director	03/04/2002	03/04/2002	-	Active	NO
2	U74999TN2011PTC080977	JCSS CONSULTING INDIA PRIVATE LIMITED	Director	05/03/2014	05/03/2014	-	Active	NO

KEY EXECUTIVES

Name :	Mr. Anand
Designation :	Finance Head

MAJOR SHAREHOLDERS

AS ON 25.09.2014

Names of Shareholders	No. of Shares	% of Holdings
Srikanth Srinivas	1254	12.50
Srikanth Balakrishnan	1254	12.50
Mahaveer Jain	1254	12.50
Jatin Anil Christopher	1254	12.50
Mansi Christopher	1254	12.50
Sunitha Kumari	1254	12.50
Preethi N	1254	12.50
Kamini Srikanth	1254	12.50
Total	10032	100.00

Equity Share Break up (Percentage of Total Equity)

AS ON 25.09.2014

Category	Percentage
Directors or relatives of Directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Providing Consultancy to French Companies Setting Operations in India like Attest and Assurance, Corporate Advisory, Enterprise Support, Tax and Indirect Tax.
Products :	Not Divulged
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

GENERAL INFORMATION

Suppliers :

Not Divulged

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 :

Not Divulged

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 :

Information declined by the management

Bankers :

• Axis Bank Limited, Trishul 3^rd Floor, Opposite Samartheshwar Temple, Law Garden Ellisbridge, Ahmedabad – 380006, Gujarat, India
• Bank of Maharashtra, 22, Lady Curzon Road, Shivaji Nagar, Bangalore – 560001, Karnataka, India

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Long term maturity of finance lease obligation	0.844	1.396
SHORT TERM BORROWING
Loans repayable on demand from banks	15.039	19.787
Total	15.883	21.183

Auditors :
Name :	Dharma Prasad G Chartered Accountant
Address :	Koti Nilaya, C N Road, Near Rangappa Circle, Bhadravathi – 577301, Karnataka, India
PAN No.:	AIIPD6526E
Memberships :	--
Collaborators :	--
Associates/Subsidiaries :	JSCC Consulting India Private Limited

CAPITAL STRUCTURE

AS ON 25.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount
30000	Equity Shares	Rs.10/- each	Rs. 0.300 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10032	Equity Shares	Rs.10/- each	Rs. 0.100 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	0.100	0.100	0.100
(b) Reserves & Surplus	78.488	53.929	41.321
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.200	0.200
Total Shareholders’ Funds (1) + (2)	78.588	54.229	41.621
(3) Non-Current Liabilities
(a) long-term borrowings	0.844	1.396	3.926
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	3.850
(d) long-term provisions	3.481	3.375	2.440
Total Non-current Liabilities (3)	4.325	4.771	10.216
(4) Current Liabilities
(a) Short term borrowings	15.039	19.787	22.052
(b) Trade payables	0.000	0.000	0.000
(c) Other current liabilities	23.451	21.600	27.306
(d) Short-term provisions	20.300	13.832	5.369
Total Current Liabilities (4)	58.790	55.219	54.727
TOTAL	141.703	114.219	106.564
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	13.659	14.865	15.294
(ii) Intangible Assets	0.266	0.307	0.234
(iii) Capital work-in-progress	2.207	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.696	0.550	0.550
(c) Deferred tax assets (net)	2.582	2.631	0.345
(d) Long-term Loan and Advances	6.912	6.116	6.035
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	26.322	24.469	22.458
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	30.837	44.088	38.307
(d) Cash and cash equivalents	19.310	7.259	5.699
(e) Short-term loans and advances	65.234	38.403	40.100
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	115.381	89.750	84.106
TOTAL	141.703	114.219	106.564

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012
	SALES
	Income	176.662	158.382	131.947
	Other Income	0.222	1.209	1.158
	TOTAL	176.884	159.591	133.105
Less	EXPENSES	NA	NA	NA
	PROFIT BEFORE TAX	NA	NA	NA
Less	TAX	NA	NA	NA
	PROFIT AFTER TAX	24.308	12.609	10.493
	Earnings Per Share (Rs.)	2423.05	NA	NA

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

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

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	13.76	7.96	7.95
Return on Total Assets (PBT/Total Assets}	(%)	129.85	143.73	125.96
Return on Investment (ROI) (PBT/Networth)		2.25	2.94	3.20
Debt Equity Ratio (Total Debt /Networth)		0.20	0.39	0.62
Current Ratio (Current Asset/Current Liability)		1.96	1.63	1.54

JSCC Consulting India Private Limited

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2014	31.03.2013	31.03.2012
III. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.110	0.100	0.100
(b) Reserves & Surplus	4.402	1.315	41.321
(c) Money received against share warrants	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.400	0.200
Total Shareholders’ Funds (1) + (2)	4.512	1.815	41.621
(3) Non-Current Liabilities
(a) long-term borrowings	0.000	0.000	3.926
(b) Deferred tax liabilities (Net)	0.016	0.017	0.000
(c) Other long term liabilities	0.000	0.000	3.850
(d) long-term provisions	0.000	0.000	2.440
Total Non-current Liabilities (3)	0.016	0.017	10.216
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	22.052
(b) Trade payables	3.476	0.852	0.000
(c) Other current liabilities	0.030	0.030	27.306
(d) Short-term provisions	1.762	0.556	5.369
Total Current Liabilities (4)	5.268	1.438	54.727
TOTAL	9.796	3.270	106.564
IV. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.373	0.462	15.294
(ii) Intangible Assets	0.016	0.027	0.232
(iii) Capital work-in-progress	0.000	0.000	0.000
(iv) Intangible assets under development	0.000	0.000	0.000
(b) Non-current Investments	0.000	0.000	0.550
(c) Deferred tax assets (net)	0.000	0.000	0.345
(d) Long-term Loan and Advances	0.000	0.000	6.036
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	0.389	0.489	22.457
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	7.259	2.487	38.308
(d) Cash and cash equivalents	1.294	0.131	5.700
(e) Short-term loans and advances	0.854	0.163	40.099
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	9.407	2.781	84.107
TOTAL	9.796	3.270	106.564

JSCC Consulting India Private Limited

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2014	31.03.2013	31.03.2012
	SALES
		Income	19.192	12.311	3.523
		Other Income	0.000	0.002	0.000
		TOTAL	19.192	12.313	3.523
Less	EXPENSES
		Employees benefits expense	10.903	7.972	2.373
		Other expenses	4.287	2.630	0.688
		TOTAL	15.190	10.602	3.061
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION		4.002	1.711	0.462
Less/ Add	DEPRECIATION/ AMORTISATION		0.100	0.141	0.144
	PROFIT BEFORE TAX		3.902	1.570	0.318
Less	TAX		1.206	0.464	0.109
	PROFIT AFTER TAX		2.696	1.106	0.209
	Earnings Per Share (Rs.)		267.71	110.60	20.91

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

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

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Net Profit Margin (PAT / Sales)	(%)	14.05	8.98	5.93
Return on Total Assets (PBT/Total Assets}	(%)	39.83	48.01	0.30
Return on Investment (ROI) (PBT/Networth)		0.86	0.87	0.01
Debt Equity Ratio (Total Debt /Networth)		0.00	0.00	0.62
Current Ratio (Current Asset/Current Liability)		1.79	1.93	1.54

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	0.100	0.100	0.100
Reserves & Surplus	41.321	53.929	78.488
Share Application money pending allotment	0.200	0.200	0.000
Net worth	41.621	54.229	78.588
long-term borrowings	3.926	1.396	0.844
Short term borrowings	22.052	19.787	15.039
Current Maturities of Long Term Debt	0.000	0.000	0.000
Total borrowings	25.978	21.183	15.883
Debt/Equity ratio	0.624	0.391	0.202

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	131.947	158.382	176.662
		20.035	11.542

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	131.947	158.382	176.662
Profit	10.493	12.609	24.308
	7.95%	7.96%	13.76%

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	No
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	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	Yes
21	Banking facility details	No
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	No
35	Negative Reporting by Auditors in the Annual Report	No

INDEX OF CHARGES

S.No.	Charge ID	Date of Charge Creation/Modification	Charge amount secured	Charge Holder	Address	Service Request Number (SRN)
1	10089802	05/03/2009 *	21,000,000.00	Axis Bank Limited	TRISHUL 3RD FLOOR OPP SAMARTHESHWAR TEMPLE, LAW G  ARDEN ELLISBRIDGE, AHMEDABAD, Gujarat - 380006, IN  DIA	A60372539
2	90198089	06/03/2002	595,000.00	BANK OF MAHARASHTRA	SHIVAJINAGAR BRANCH, SHIVAJINAGAR, Maharashtra, IN  DIA	-

* Date of charge modification

FIXED ASSETS

• Computer
• Office Equipments
• Electrical Installation
• Leasehold Improvement
• Air Conditioning
• Vehicles
• Furniture

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. 65.55
UK Pound	1	Rs. 99.17
Euro	1	Rs. 73.08

INFORMATION DETAILS

Information Gathered by :	DIP
Analysis Done by :	RAS
Report Prepared by :	JYO

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	6
--CREDIT LINES	1~10	5
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	NO
--OTHER ADVERSE INFORMATION	YES/NO	NO
MERIT POINTS
--SOLE DISTRIBUTORSHIP	YES/NO	NO
--EXPORT ACTIVITIES	YES/NO	NO
--AFFILIATION	YES/NO	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		49

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.