MIRA INFORM REPORT

Report No. :	345542
Report Date :	20.10.2015

IDENTIFICATION DETAILS

Name :	CAMERICH PAPERS PRIVATE LIMITED
Registered Office :	229, 2^nd Floor, Kohinoor Complex, Canal Char Rasta, Ravapar Road, Morbi – 363641, Gujarat
Tel. No.:	91-7600055557
Country :	India
Financials (as on) :	Not Available
Date of Incorporation :	14.08.2014
Com. Reg. No.:	04-080492
Capital Investment / Paid-up Capital :	Rs. 19.710 Million
CIN No.: [Company Identification No.]	U21000GJ2014PTC080492
IEC No.:	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	Not Available
Legal Form :	Private Limited Liability Company
Line of Business :	Manufacturer of paper and paper products.
No. of Employees :	Information declined by the Management.

RATING & COMMENTS

MIRA’s Rating :

NB

RATING		STATUS	PROPOSED CREDIT LINE
-	NB	New Business	-

Status :	New Business
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject is a new company incorporated on 14^th August 2014. It has authorised share capital of Rs. 100.000 Million and paid up capital of Rs. 19.000 Million. Mr. Arjun Sitapara (Director) denied to provide any information about the subject to us. So business activity of the company could not be confirmed. However, the business is active as per the status shown in the registrar of the company. In view of infancy, the company can be considered for business dealings with fully safe and secured 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 DENIED BY

Name :	Mr. Arjun Sitapara
Designation :	Direcotr
Contact No.:	91-7600055557
Date :	19.10.2015

LOCATIONS

Registered Office :	229, 2^nd Floor, Kohinoor Complex, Canal Char Rasta, Ravapar Road, Morbi – 363641, Gujarat
Tel. No.:	Not Available
Fax No.:	91-7600055557
E-Mail :	arjun@camerichpapers.com

DIRECTORS

Name :

Mr. Kamleshbhai Ratubhai Sitapara

Designation :

Director

Address :

Maruti, Sradhadeep Society - 34/B, Univercity Road, Rajkot - 360001, Gujarat, India

Date of Birth/Age :

15.09.1967

Date of Appointment :

14.08.2014

DIN No.:

03056514

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	U21000GJ2009PTC058933	MILLENIUM PAPERS PRIVATE LIMITED	Director	10/04/2010	10/04/2010	30/08/2014	Active	NO
2	U21000GJ2014PTC080492	CAMERICH PAPERS PRIVATE LIMITED	Director	14/08/2014	14/08/2014	-	Active	NO
3	U26933GJ2012PTC070807	PHINIX CERAMIC PRIVATE LIMITED	Director	22/08/2015	23/04/2015	-	Active	NO

Name :

Mr. Dashrath Dayalbhai Sutariya

Designation :

Director

Address :

404, B - Bhagavati Twince, Shanidhya Park Society, Ravapar Road, Morbi - 363641, Gujarat, India

Date of Appointment :

22.09.2014

DIN No.:

03056526

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	U21000GJ2009PTC058933	MILLENIUM PAPERS PRIVATE LIMITED	Director	10/04/2010	10/04/2010	30/06/2014	Active	NO
2	U26933GJ2011PTC063633	MILLENNIUM VITRIFIED TILES PRIVATE LIMITED	Director	12/01/2011	12/01/2011	25/04/2015	Active	NO
3	U21000GJ2014PTC080492	CAMERICH PAPERS PRIVATE LIMITED	Director	22/09/2014	22/09/2014	-	Active	NO

Name :

Mr. Yogesh Mahendrabhai Patel

Designation :

Director

Address :

1/10, Simandhar Owners Associates, Opposite Dreamland Party Plot, Near Dimple Flat, Vasna, Ahmedabad - 380007, Gujarat, India

Date of Birth/Age :

23.12.1973

Date of Appointment :

01.06.2015

DIN No.:

03464984

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	U51900GJ2011PTC064738	TRUE VALUE EXIM PRIVATE LIMITED	Director	01/04/2011	01/04/2011	-	Active	NO
2	U21000GJ2014PTC080492	CAMERICH PAPERS PRIVATE LIMITED	Director	01/06/2015	01/06/2015	-	Active	NO

Name :

Mr. Arjun Savajibhai Sitapara

Designation :

Director

Address :

34 - B, Shraddhadip Society, Kalawad Road, Rajkot - 360005, Gujarat, India

Date of Birth/Age :

23.04.1990

Date of Appointment :

14.08.2014

DIN No.:

06947085

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	U21000GJ2014PTC080492	CAMERICH PAPERS PRIVATE LIMITED	Director	14/08/2014	14/08/2014	-	Active	NO
2	U26933GJ2012PTC070807	PHINIX CERAMIC PRIVATE LIMITED	Director	22/08/2015	23/04/2015	-	Active	NO

Name :

Mr. Mohanbhai Gordhanbhai Donga

Designation :

Director

Address :

44 Orbit Towers, B/3, Royal Park, Behind. G.T.Sheth, School, Opposite Jain Upashray, Kalawad Road, Rajkot - 360001, Gujarat, India

Date of Appointment :

22.09.2014

DIN No.:

06971196

Name :

Mr. Gunvant Popatbhai Surani

Designation :

Director

Address :

B - 202, Bhagvati Twince, Boni Park, Ravapar Road, Morbi - 363641, Gujarat, India

Date of Appointment :

22.09.2014

DIN No.:

06971207

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 13.08.2014

Names of Shareholders	No. of Shares
Arjun Savajibhai Sitapara	5000
Kamleshbhai Ratubhai Sitapara	5000
Total	10000

As on 13.10.2014

Names of Allotees	No. of Shares
Arjun Savajibhai Sitapara	230000
Kamleshbhai Ratubhai Sitapara	11000
Total	241000

As on 13.12.2014

Names of Allotees	No. of Shares
Arjun Savajibhai Sitapara	150000
Kamleshbhai Ratubhai Sitapara	150000
Mohanbhai Gordhanbhai Donga	200000
Ramesh Ratubhai Sitapara	150000
Yogesh Mahendrabhai Patel	100000
Parulben Dilikumar Gami	500000
Kajal Yogeshbhai Santoki	300000
Total	1550000

As on 13.02.2015

Names of Allotee	No. of Shares
Ramesh Chandulal Chapia	50000
Total	50000

As on 31.03.2015

Names of Allotee	No. of Shares
Mehulkumar Keshavji Merja	30000
Maheshkumar Keshavji Merja	20000
Total	50000

As on 30.05.2015

Names of Allotee	No. of Shares
Ramesh Ratubhai Sitapara	70000
Total	70000

BUSINESS DETAILS

Line of Business :	Manufacturer of paper and paper products.
Products :	Paper and Paper products.
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :	Not Divulged

PRODUCTION STATUS NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

Customers :

Reference :	Not Divulged
Name of the Person :	Not Divulged
Contact No.:	Not Divulged
Since How Long Known :	Not Divulged
Maximum Limit Dealt :	Not Divulged
Experience :	Not Divulged
Remark:	Not Divulged

No. of Employees :

Information declined by the Management

Bankers :

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

Auditors :	Not Divulged
Memberships :	--
Collaborators :	--
Associates/Subsidiaries :	Not Divulged

CAPITAL STRUCTURE

Authorised Capital :

No. of Shares	Type	Value	Amount
10000000	Equity Shares	Rs.10/- each	Rs.100.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1971000	Equity Shares	Rs.10/- each	Rs. 19.710 Million

FINANCIAL DATA

[all figures are in Rupees Million]

NEW COMPANY

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	No
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	No
18	Major suppliers	No
19	Major customers	No
20	Banking Details	No
21	Banking facility details	No
22	Conduct of the banking account	--
23	Financials, if provided	No
24	Capital in the business	Yes
25	Last accounts filed at ROC, if applicable	No
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	No
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

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.64.96
UK Pound	1	Rs.100.55
Euro	1	Rs.73.99

INFORMATION DETAILS

Information Gathered by :	KAM
Analysis Done by :	KIN
Report Prepared by :	RKI

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.