MIRA INFORM REPORT

Report No. :	345530
Report Date :	21.10.2015

IDENTIFICATION DETAILS

Name :	HMA FOOD EXPORT PRIVATE LIMITED
Registered Office :	2/220, 2nd Floor, Glory Plaza, Opposite Sur Sadan, M.G. Road, Agra - 282002, Uttar Pradesh
Mob. No.:	91-9820644662 (Mr. Rafique Nadaf)
Country :	India
Financials (as on) :	31.03.2013
Date of Incorporation :	23.11.2009
Com. Reg. No.:	20-038747
Capital Investment / Paid-up Capital :	Rs. 15.866 Million
CIN No.: [Company Identification No.]	U01403UP2009PTC038747
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 :	Manufacturing, Processing and Exporting of Meat and Meat Related Products.
No. of Employees :	Not Divulged

RATING & COMMENTS

MIRA’s Rating :

B (27)

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

Maximum Credit Limit :	USD 167000
Status :	Moderate
Payment Behaviour :	Slow but correct
Litigation :	Clear
Comments :	Subject was originally established as a partnership firm, HMA Frozen Food Exports, in 2002. The firm was reconstituted as a private limited company in 2009. The company is engaged in manufacturing, processing and exporting of meat and meat related products. As per Registrar of Companies the date of balance sheet (i. e. financial filed) is shown as 31.03.2014 but the documents related to the financial are not available from any source. With respect to the operational performance of 2013, company possesses weak operational performance and it revenue has been drastically declined 84.81% during the year under a review. Rating further constrained on account of company’s leverage business profile marked by moderate financial base along with unfavorable gap between trade payables to receivables and its operations exposure to risks relating to government regulations in the meat industry. However, rating weakness is partially offset by extensive experience of HMA's promoters in the buffalo meat industry and zero debt balance sheet position of the company (as on Financials of 2013). 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.

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2015

Country Name	Previous Rating (31.12.2014)	Current Rating (31.03.2015)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

EXTERNAL AGENCY RATING

Rating Agency Name	CRISIL
Rating	Long term rating = BB-
Rating Explanation	Inadequate-credit-quality and high credit risk
Date	20.03.2015

Rating Agency Name	CRISIL
Rating	Short term rating = A4+
Rating Explanation	Minimal degree of safety and very high credit risk
Date	20.03.2015

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 DECLINED BY

Name :	Mr. Rafique Nadaf
Designation :	Director
Contact No.:	91-9820644662
Date :	19.10.2015

LOCATIONS

Registered Office :	2/220, 2nd Floor, Glory Plaza, Opposite Sur Sadan, M.G. Road, Agra - 282002, Uttar Pradesh, India
Tel. No.:	Not Available
Mob. No. :	91-9820644662 (Mr. Rafique Nadaf)
Fax No.:	Not Available
E-Mail :	rumeshchandra@ymail.com

DIRECTORS

AS ON 30.09.2014

Name :

Mr. Gulzar Ahmad

Designation :

Director

Address :

18/14 A Malkon Gali, Taj Ganj, Agra - 282001, Uttar Pradesh, India

Date of Birth/Age :

15.07.1966

Date of Appointment :

23.11.2009

PAN No. :

ADFPA7361N

DIN No.:

01312305

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	Company/ LLP Status	Defaulting status
1	U15201UP2007PTC033389	HMA HYGIENIC FOODS INDUSTRIES PRIVATE LIMITED	Whole-time director	01/04/2009	31/05/2007	Active	NO
2	U01403UP2008PLC034977	HMA AGRO INDUSTRIES LIMITED	Managing director	01/04/2009	09/04/2008	Active	NO
3	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	23/11/2009	23/11/2009	Active	NO
4	U01403UP2011PTC047718	HMA CATTLE FARMING PRIVATE LIMITED	Director	02/12/2011	02/12/2011	Active	NO
5	U15549MH2012PTC237862	AL-BAKSH AGRO PRIVATE LIMITED	Director	12/11/2012	12/11/2012	Active	NO
6	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO

Name :

Mr. Zulfiqar Ahmed Qureshi

Designation :

Director

Address :

18/129-A, Malko Gali Near, Miyan Nazeer Park Taj Ganj, Agra - 282001, Uttar Pradesh, India

Date of Birth/Age :

10.06.1972

Date of Appointment :

23.11.2009

PAN No. :

AAAPQ2317E

DIN No.:

01312224

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	Company/ LLP Status	Defaulting status
1	U15201UP2007PTC033389	HMA HYGIENIC FOODS INDUSTRIES PRIVATE LIMITED	Whole-time director	01/04/2009	31/05/2007	Active	NO
2	U01403UP2008PLC034977	HMA AGRO INDUSTRIES LIMITED	Whole-time director	01/04/2009	09/04/2008	Active	NO
3	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	23/11/2009	23/11/2009	Active	NO
4	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO

Name :

Mr. Mohd Ashraf Qureshi

Designation :

Director

Address :

18/129 A Malkon Gali, Taj Ganj, Agra - 282001, Uttar Pradesh, India

Date of Birth/Age :

12.03.1973

Date of Appointment :

23.11.2009

PAN No. :

AABPQ1133F

DIN No.:

01312326

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	Company/ LLP Status	Defaulting status
1	U15201UP2007PTC033389	HMA HYGIENIC FOODS INDUSTRIES PRIVATE LIMITED	Managing director	01/04/2009	31/05/2007	Active	NO
2	U01403UP2008PLC034977	HMA AGRO INDUSTRIES LIMITED	Whole-time director	01/04/2009	09/04/2008	Active	NO
3	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	23/11/2009	23/11/2009	Active	NO
4	U01403UP2011PTC047718	HMA CATTLE FARMING PRIVATE LIMITED	Director	02/12/2011	02/12/2011	Active	NO
5	U74210MH1989PTC052847	GAUSIA COLD STORAGE PRIVATE LIMITED	Director	15/04/2013	15/01/2013	Active	NO
6	U55204UP2013PTC054848	HMA PALACE PRIVATE LIMITED	Director	31/01/2013	31/01/2013	Active	NO
7	U70102UP2013PTC054841	TAJVIEW BUILDERS AND PROMOTERS PRIVATE LIMITED	Director	31/01/2013	31/01/2013	Active	NO
8	U51909MH2013PTC240471	HMA EXPORT PRIVATE LIMITED	Director	14/02/2013	14/02/2013	Active	NO
9	U70102UP2013PTC055078	TAJVIEW CONSTRUCTIONS PRIVATE LIMITED	Director	15/02/2013	15/02/2013	Active	NO
10	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO
11	U19129UP2014PTC062087	HMA LEATHER EXPORT PRIVATE LIMITED	Director	20/01/2014	20/01/2014	Active	NO
12	U15400DL2013PTC253044	FEDERAL AGRO INDUSTRIES PRIVATE LIMITED	Director	30/04/2014	25/04/2014	Active	NO
13	U45400UP2012PTC049435	SAMRADHI INFRATECH PRIVATE LIMITED	Additional director	25/06/2014	25/06/2014	Active	NO
14	U74120UP2015PTC069186	HMA CONSUMER PRODUCTS PRIVATE LIMITED	Director	24/02/2015	24/02/2015	Active	NO
15	AAC-3353	AGRA BETTER HOMES LLP	Designated Partner	30/05/2014	30/05/2014	Active	NO
16	AAC-8376	INDUS FARMERS FOOD CO. LLP	Designated Partner	21/10/2014	21/10/2014	Active	NO

Name :

Mr. Wajid Ahmad

Designation :

Director

Address :

18/129 A Malkon Gali, Taj Ganj, Agra - 282001, Uttar Pradesh, India

Date of Birth/Age :

04.08.1983

Date of Appointment :

23.11.2009

PAN No. :

AEMPA6979C

DIN No.:

01312261

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	Company/ LLP Status	Defaulting status
1	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	23/11/2009	23/11/2009	Active	NO
2	U01403UP2011PLC047316	HMA NATURAL FOODS LIMITED	Director	08/11/2011	08/11/2011	Active	NO
3	U01403UP2011PTC047718	HMA CATTLE FARMING PRIVATE LIMITED	Director	02/12/2011	02/12/2011	Active	NO
4	U01403UP2008PLC034977	HMA AGRO INDUSTRIES LIMITED	Director	01/04/2013	01/04/2013	Active	NO
5	U72300UP2013PLC056262	HMA INFO SOLUTIONS LIMITED	Director	17/04/2013	17/04/2013	Active	NO
6	U50102UP2013PTC057360	HMA AUTOMOBILES PRIVATE LIMITED	Director	31/05/2013	31/05/2013	Active	NO
7	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO
8	U19129UP2014PTC062087	HMA LEATHER EXPORT PRIVATE LIMITED	Director	01/03/2014	01/03/2014	Active	NO
9	U51396UP1988PTC009250	SWASTIK BONE AND GELATINES PRIVATE LIMITED	Director	20/01/2015	20/01/2015	Active	NO

Name :

Mr. Mohammad Mehmood Qureshi

Designation :

Director

Address :

18/129 A Malkon Gali, Tajganj, Agra - 282001, Uttar Pradesh, India

Date of Birth/Age :

13.08.1978

Date of Appointment :

23.11.2009

PAN No. :

AABPQ6562G

DIN No.:

02839611

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	Company/ LLP Status	Defaulting status
1	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	23/11/2009	23/11/2009	Active	NO
2	U01403UP2011PLC047316	HMA NATURAL FOODS LIMITED	Director	08/11/2011	08/11/2011	Active	NO
3	U01403UP2011PTC047718	HMA CATTLE FARMING PRIVATE LIMITED	Director	02/12/2011	02/12/2011	Active	NO
4	U01403UP2008PLC034977	HMA AGRO INDUSTRIES LIMITED	Director	01/04/2013	01/04/2013	Active	NO
5	U72300UP2013PLC056262	HMA INFO SOLUTIONS LIMITED	Director	17/04/2013	17/04/2013	Active	NO
6	U50102UP2013PTC057360	HMA AUTOMOBILES PRIVATE LIMITED	Director	31/05/2013	31/05/2013	Active	NO
7	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO
8	U19129UP2014PTC062087	HMA LEATHER EXPORT PRIVATE LIMITED	Director	01/03/2014	01/03/2014	Active	NO
9	U51396UP1988PTC009250	SWASTIK BONE AND GELATINES PRIVATE LIMITED	Director	20/01/2015	20/01/2015	Active	NO

Name :

Mr. Mohammad Kamil Qureshi

Designation :

Director

Address :

18/129 A, Malka Gali, PS. Taj Ganj, Agra - 282001, Uttar Pradesh, India

Date of Birth/Age :

14.08.1985

Date of Appointment :

23.11.2009

PAN No. :

AACPQ4798B

DIN No.:

02827288

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	Company/ LLP Status	Defaulting status
1	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	23/11/2009	23/11/2009	Active	NO
2	U01403UP2011PLC047316	HMA NATURAL FOODS LIMITED	Director	08/11/2011	08/11/2011	Active	NO
3	U74210MH1989PTC052847	GAUSIA COLD STORAGE PRIVATE LIMITED	Director	15/04/2013	15/01/2013	Active	NO
4	U51909MH2013PTC240471	HMA EXPORT PRIVATE LIMITED	Director	14/02/2013	14/02/2013	Active	NO
5	U01403UP2008PLC034977	HMA AGRO INDUSTRIES LIMITED	Director	01/04/2013	01/04/2013	Active	NO
6	U72300UP2013PLC056262	HMA INFO SOLUTIONS LIMITED	Director	17/04/2013	17/04/2013	Active	NO
7	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO
8	U19129UP2014PTC062087	HMA LEATHER EXPORT PRIVATE LIMITED	Director	20/01/2014	20/01/2014	Active	NO
9	U15400DL2013PTC253044	FEDERAL AGRO INDUSTRIES PRIVATE LIMITED	Director	30/04/2014	25/04/2014	Active	NO

Name :

Mr. Parvez Alam

Designation :

Director

Address :

46 Shehzadi Mandi, Sadar Bazar, Agra -282001, Uttar Pradesh, India

Date of Birth/Age :

15.08.1962

Date of Appointment :

01.11.2010

PAN No. :

ADFPA7362R

DIN No.:

01312276

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	Company/ LLP Status	Defaulting status
1	U01403UP2009PTC038747	HMA FOOD EXPORT PRIVATE LIMITED	Director	01/11/2010	23/11/2009	Active	NO
2	U01403UP2013PLC059589	MUFEEZ FOOD EXPORT LIMITED	Director	16/09/2013	16/09/2013	Active	NO
3	U01403UP2011PTC047718	HMA CATTLE FARMING PRIVATE LIMITED	Director	02/12/2013	02/12/2013	Active	NO

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2014

Names of Shareholders	No. of Shares	Percentage of Holding
Zulfiquar Ahmed Qureshi	253840	16.00
Mohd. Ashraf Qureshi	253840	16.00
Mohd.Mehmood Qureshi	253840	16.00
Mohd.Wazid Ahmed	253840	16.00
Mohd.Kamil Qureshi	253840	16.00
Gulzar Ahmed	253840	16.00
Parvez Alam	63560	4.01
Total	1586600	100.00

AS ON 30.09.2014

Equity Share Breakup	Percentage of Holding
Category
Directors or relatives of directors	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :	Manufacturing, Processing and Exporting of Meat and Meat Related Products.
Brand Names :	--
Agencies Held :	--
Exports :	Not Divulged
Imports :	Not Divulged
Terms :
Selling :	Not Divulged
Purchasing :	Not Divulged

PRODUCTION STATUS: NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

Reference:	Not Divulged
Name of the Person (Designation):	Not Divulged
Contact Number:	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 (Designation):	Not Divulged
Contact Number:	Not Divulged
Since how long known:	Not Divulged
Maximum limit dealt:	Not Divulged
Experience:	Not Divulged
Remark	Not Divulged

No. of Employees :

Not Divulged

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 A/c Opening):	Not Divulged
Average Balance Maintained (Optional):	Not Divulged
Credit Facilities Enjoyed (CC/OD/Term Loan):	Not Divulged
Account Operation:	Not Divulged
Remarks:	Not Divulged

· Canara Bank

Overseas Branch, Sanjay Place, Agra - 282002, Uttar Pradesh, India

· State Bank of India

SME State Bank of India Branch, Sanjay Place Agra – 282002, Uttar Pradesh, India

Facilities :

SECURED LOANS	31.03.2013 (Rs. In Million)	31.03.2012 (Rs. In Million)
LONG-TERM BORROWINGS
Term loan from SBI	0.000	13.245
SHORT TERM BORROWINGS
SBI EPC A/c 31723113978	0.000	48.270
SBI SLC A/c 0031728038824	0.000	(0.001)
Total	0.000	61.514

Auditors :
Name :	Manish Sahni and Associates Chartered Accountants
Address :	C-162, Kedar Nagar, Shahganj, Agra – 282010, Uttar Pradesh, India
Mob. No. :	91-9837406511
E-Mail :	Sahni_m@rediffmail.com
Income-tax PAN of auditor or auditor's firm :	ASZPS3007N
Memberships :	--
Collaborators :	--
Associates:	· Gulzar Traders H.M.A Agro Industries Limited HMA Trading Company

CAPITAL STRUCTURE

AFTER 30.09.2014

Authorised Capital : Rs. 50.000 Million

Issued, Subscribed & Paid-up Capital : Rs. 16.866 Million

AS ON 31.03.2013

Authorised Capital :

No. of Shares	Type	Value	Amount
5,000,000	Equity Shares	Rs. 10/- each	Rs. 50.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1,586,600	Equity Shares	Rs. 10/- each	Rs. 15.866 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2013	31.03.2012	31.03.2011
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	15.866	15.866	9.866
(b) Reserves & Surplus	42.624	41.442	11.050
(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)	58.490	57.308	20.916
(3) Non-Current Liabilities
(a) Long-term borrowings	0.000	13.245	15.763
(b) Deferred tax liabilities (Net)	0.000	0.000	0.000
(c) Other long term liabilities	99.863	1.840	53.265
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	99.863	15.085	69.028
(4) Current Liabilities
(a) Short term borrowings	0.000	48.269	28.577
(b) Trade payables	31.798	13.965	27.652
(c) Other current liabilities	0.781	2.358	9.675
(d) Short-term provisions	1.869	15.822	7.697
Total Current Liabilities (4)	34.448	80.414	73.601
TOTAL	192.801	152.807	163.545
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	146.428	63.591	46.826
(ii) Intangible Assets	0.000	0.000	0.000
(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	0.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term Loan and Advances	6.506	1.153	0.923
(e) Other Non-current assets	3.094	10.383	21.650
Total Non-Current Assets	156.028	75.127	69.399
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	0.000	24.592	25.964
(c) Trade receivables	16.365	24.226	49.871
(d) Cash and cash equivalents	4.918	22.396	18.261
(e) Short-term loans and advances	15.440	6.416	0.000
(f) Other current assets	0.050	0.050	0.050
Total Current Assets	36.773	77.680	94.146
TOTAL	192.801	152.807	163.545

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2013	31.03.2012	31.03.2011
	SALES
		Income	45.169	984.481	NA
		Other Income	126.517	141.541	NA
		TOTAL	171.686	1126.022	NA
Less	EXPENSES
		TOTAL	NA	NA	NA
	PROFIT/ (LOSS) BEFORE TAX		NA	NA	NA
Less	TAX		NA	NA	NA
	PROFIT/ (LOSS) AFTER TAX		1.181	6.393	3.751
	Earnings Per Share (Rs.)		0.74	4.03	3.80

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2013	31.03.2012	31.03.2011
Current Maturities of Long term debt	NA	NA	NA
Cash Generated from Operations	NA	NA	NA
Net Cash Flow from used in Operations	NA	(11.174)	(36.197)

KEY RATIOS

PARTICULARS		31.03.2013	31.03.2012	31.03.2011
Net Profit Margin (PAT / Sales)	(%)	2.61	0.65	NA
Return on Total Assets (PBT/Total Assets}	(%)	89.05	736.89	0.00
Return on Investment (ROI) (PBT/Networth)		2.94	19.65	0.00
Debt Equity Ratio (Total Debt/Networth)		0.00	1.07	2.12
Current Ratio (Current Asset/Current Liability)		1.07	0.97	1.28

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2011	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)	(Rs. In Million)
Share Capital	9.866	15.866	15.866
Reserves & Surplus	11.050	41.442	42.624
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	20.916	57.308	58.490
Long-term borrowings	15.763	13.245	0.000
Short term borrowings	28.577	48.269	0.000
Total borrowings	44.340	61.514	0.000
Debt/Equity ratio	2.120	1.073	0.000

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)
Sales	984.481	45.169
		(95.412)

NET PROFIT MARGIN

Net Profit Margin	31.03.2012	31.03.2013
	(Rs. In Million)	(Rs. In Million)
Sales	984.481	45.169
Profit	6.393	1.181
	0.65%	2.61%

LOCAL AGENCY FURTHER INFORMATION

Sr. No.	Check list by info agents	Available in Report (Yes/No)
1	Year of establishment	Yes
2	Constitution of the entity -Incorporation details	Yes
3	Locality of the entity	Yes
4	Premises details	No
5	Buyer visit details	--
6	Contact numbers	Yes
7	Name of the person contacted	Yes
8	Designation of contact person	Yes
9	Promoter’s background	Yes
10	Date of Birth of Proprietor / Partners / Directors	Yes
11	Pan Card No. of Proprietor / Partners	Yes
12	Voter Id Card No. of Proprietor / Partners	No
13	Type of business	Yes
14	Line of Business	Yes
15	Export/import details (if applicable)	No
16	No. of employees	No
17	Details of sister concerns	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	No
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	10457988	31/12/2014 *	244,200,000.00	CANARA BANK	OVERSEAS BRANCH, SANJAY PLACE, AGRA - 282002, UTTAR PRADESH , INDIA	C44410140

* Date of charge modification

FIXED ASSETS:

· Land

· Building

· Plant and Machinery

· Furniture and Fixture

· Office Equipment

· Electric Installation

· Deep Freezer

· Refrigerators

· Gyser

· Microwave Oven

· Washing Machine

· D. G. Set

· Air Conditioner

· Tools

· Computer and Software

· ETP Plant

· Mobile Phones

· Televisions

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.64.89
UK Pound	1	Rs.100.39
Euro	1	Rs.73.53

INFORMATION DETAILS

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

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	3
PAID-UP CAPITAL	1~10	3
OPERATING SCALE	1~10	3
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	3
--PROFITABILIRY	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	YES
--LISTED	YES/NO	NO
--OTHER MERIT FACTORS	YES/NO	YES
DEFAULTER
--RBI	YES/NO	NO
--EPF	YES/NO	NO
TOTAL		27

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.