MIRA INFORM REPORT

Report No. :	344611
Report Date :	14.10.2015

IDENTIFICATION DETAILS

Name :	K. M. ENTERPRISES (PROPRIETOR PEEBEE SUPPLIERS PRIVATE LIMITED)

Registered Office :	29B, Rabindra Sarani, 4^th Floor, Room No. 408, PS Hare St, Kolkata – 700007, West Bengal
Tel. No.:	91-33-22359811

Country :	India

Financials (as on) :	31.03.2014

Date of Incorporation :	16.06.1997

Com. Reg. No.:	21-084659

Capital Investment / Paid-up Capital :	Rs. 1.020 Million

CIN No.: [Company Identification No.]	U51109WB1997PTC084659

IEC No.:	Not Available

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

PAN No.: [Permanent Account No.]	Not Available

Legal Form :	Sole Proprietary Concern

Line of Business :	Trader and Wholesaler of Cullet Bottles, Glass Bottle, Printed Glass Bottle, Mac Cartney Bottle.

No. of Employees :	8 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

B (30)

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

Status :	Moderate

Payment Behaviour :	Slow but correct

Litigation :	Clear

Comments :	Subject was incorporated in the year 1997 and it is a trader and wholesaler of bottles. For the financial year ended 2014, company has reported 32.41% sales turnover growth as compared to previous sales turnover but company has failed to maintain profitability margins and reported low margins at 0.39%. Rating remain constrained on account of company’s trading nature of business operations marked by modest net worth along with leverage liquidity position and high gearing ratio of the company. Trade relations are reported as fair. Payments are reported to be slow but correct. In view of aforesaid, the company can be considered for business dealing with some caution. Note: Mr. Rajaram Periwal, Director informed us that K. M. Enterprises is a proprietorship firm of PEEBEE SUPPLIERS PRIVATE LIMITED and they are not preparing separate financial statement for K. M. Enterprises.

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

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

Name :	Mr. Rajaram Periwal
Designation :	Director of Peebee Suppliers Private Limited
Contact No.:	91-9831027720
Date :	13.10.2015

LOCATIONS

Registered Office :	29B, Rabindra Sarani, 4^th Floor, Room No. 408, PS Hare St, Kolkata – 700007, West Bengal, India
Tel. No.:	91-33-22359811
Mobile No.:	91-9831027720 (Mr. Rajaram Periwal)
Fax No.:	Not Available
E-Mail :	ramnperiwal@yahoo.co.in

SOLE PROPRIETOR

Peebee Suppliers Private Limited

DIRECTORS

(of Peebee Suppliers Private Limited)

AS ON 30.09.2014

Name :	Raja Ram Periwal
Designation :	Director
Address :	6/1/1,Anil Maitra Road,(Swinhoe Street), Gariahat, Kolkata – 700019, West Bengal, India
Date of Birth/Age :	07.04.1968
Date of Appointment :	15.06.2009
DIN No.:	02590414

Name :	Bina R Periwal
Designation :	Director
Address :	6/1/1,Anil Maitra Road,(Swinhoe Street), Gariahat, Kolkata – 700019, West Bengal, India
Date of Birth/Age :	17.07.1974
Date of Appointment :	15.06.2009
DIN No.:	02590446

MAJOR SHAREHOLDERS

(of Peebee Suppliers Private Limited)

AS ON 30.09.2014

Names of Shareholders		No. of Shares
Ram Nath Periwal		100
Kusum Periwal		100
Surendra Kumar Sipani		1000
Yograj Barter Private Limited, India		3000
Meenakshi Viniyog Private Limited, India		1000
Gurukul Vinimay Private Limited, India		1000
Everest Vintrade Private Limited, India		1000
Prachur Merchants Private Limited, India		3000

Total		10200

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2014

Category	Percentage
Bodies corporate	88.24
Directors or relatives of Directors	11.76
Total	100.00

BUSINESS DETAILS

Line of Business :	Trader and Wholesaler of Cullet Bottles, Glass Bottle, Printed Glass Bottle, Mac Cartney Bottle.

Products :	Cullet Bottles Glass Bottle Printed Glass Bottle Mac Cartney Bottle.

Brand Names :	Not Available

Agencies Held :	Not Available

Exports :	Not Divulged

Imports :	Not Divulged

Terms :
Selling :	Cash, L/C and Credit

Purchasing :	Cash, L/C and Credit

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 :

8 (Approximately)

Bankers :

Banker Name	Not Divulged
Branch Address	Not Divulged
Person Name (With Designation)	Not Divulged
Contact Number	Not Divulged
Name of Account Holder	Not Divulged
Account Number	Not Divulged
Account Since (Date/Year of Account Opening)	Not Divulged
Average Balance Maintained (If Possible)	Not Divulged
Credit Facilities Enjoyed (If any)	Not Divulged
Account Operation	Not Divulged
Remarks (If any)	Not Divulged

Facilities :

(Rs. In Million)

SECURED LOAN	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Secured Loan	0.077	0.171

Total	0.077	0.171

Auditors :
Name :	Sunti Kumar Ghosh Chartered Accountant
Address :	Andul Purbapara, Howrah – 711302, West Bengal, India
PAN No.:	ADTPG1541L

Name :	Hemant Kumar Daga Chartered Accountant
Address :	Kolkata, West Bengal, India

Memberships :	--

Collaborators :	--

Associates/Subsidiaries :	--

CAPITAL STRUCTURE

AS ON 30.09.2014

Authorised Capital :

No. of Shares	Type	Value	Amount

15000	Equity Shares	Rs.100/- each	Rs. 1.500 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount

10200	Equity Shares	Rs.10/- each	Rs. 1.020 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	1.020	1.020	1.020
(b) Reserves & Surplus	4.567	4.215	3.872
(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)	5.587	5.235	4.892

(3) Non-Current Liabilities
(a) long-term borrowings	16.319	14.876	0.961
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	16.319	14.876	0.961

(4) Current Liabilities
(a) Short term borrowings	0.000	0.000	0.000
(b) Trade payables	17.884	12.242	2.551
(c) Other current liabilities	0.249	0.103	0.014
(d) Short-term provisions	0.206	0.129	0.053
Total Current Liabilities (4)	18.339	12.474	2.618

TOTAL	40.245	32.585	8.471

II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	0.000	0.000	0.000
(ii) Intangible Assets	0.267	0.357	0.463
(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	0.267	0.646	0.719
(c) Deferred tax assets (net)	0.036	0.030	0.019
(d) Long-term Loan and Advances	1.779	0.871	2.787
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	2.349	1.904	3.988

(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	0.000	0.000
(c) Trade receivables	36.303	30.268	2.317
(d) Cash and cash equivalents	1.390	0.275	2.105
(e) Short-term loans and advances	0.203	0.138	0.061
(f) Other current assets	0.000	0.000	0.000
Total Current Assets	37.896	30.681	4.483

TOTAL	40.245	32.585	8.471

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2014	31.03.2013	31.03.2012

	SALES	NA	NA	NA

Less	EXPENSES	NA	NA	NA

	PROFIT BEFORE TAX	0.423	0.405	0.017

Less	TAX	0.070	0.062	0.035

	PROFIT AFTER TAX	0.353	0.343	-0.018

Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD	0.615	0.272	0.290

	BALANCE CARRIED TO THE B/S	0.968	0.615	0.272

	Earnings Per Share (Rs.)	34.61	33.63	(1.76)

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 flow from (used in) operation	NA	NA	NA

KEY RATIOS

PARTICULARS		31.03.2014	31.03.2013	31.03.2012
Return on Total Assets (PBT/Total Assets}	(%)	1.06	1.27	0.22

Return on Investment (ROI) (PBT/Networth)		0.08	0.08	0.00

Debt Equity Ratio (Total Debt /Networth)		2.92	2.84	0.20

Current Ratio (Current Asset/Current Liability)		2.07	2.46	1.71

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	1.020	1.020	1.020
Reserves & Surplus	3.872	4.215	4.567
Share Application money pending allotment	0.000	0.000	0.000
Net worth	4.892	5.235	5.587

long-term borrowings	0.961	14.876	16.319
Short term borrowings	0.000	0.000	0.000
Current Maturities of Long Term Debt	0.000	0.000	0.000
Total borrowings	0.961	14.876	16.319
Debt/Equity ratio	0.196	2.842	2.921

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	Yes
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	No
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

UNSECURED LOAN

(Rs. In Million)

Particulars	As on 31.03.2014	As on 31.03.2013
LONG TERM BORROWING
Unsecured loan	16.242	14.705

Total	16.242	14.705

INDEX OF CHARGES: NO CHARGES EXIST FOR THE COMPANY

FIXED ASSETS

Furniture and Fixture
Air Conditioner
Computer and Printer
Car
Office Equipments

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. 64.73
UK Pound	1	Rs. 99.30
Euro	1	Rs. 73.60

INFORMATION DETAILS

Information Gathered by :	PRT

Analysis Done by :	KAR

Report Prepared by :	JYO

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	4
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	4
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	4
--PROFITABILITY	1~10	3
--LIQUIDITY	1~10	3
--LEVERAGE	1~10	3
--RESERVES	1~10	3
--CREDIT LINES	1~10	3
--MARGINS	-5~5	--
DEMERIT POINTS
--BANK CHARGES	YES/NO	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	NO
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		30

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

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

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

RATING EXPLANATIONS

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

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

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

MIRA INFORM REPORT

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