MIRA INFORM REPORT

Report No. :	340593
Report Date :	11.09.2015

IDENTIFICATION DETAILS

Name :	EDEXCEL BOOKS PRIVATE LIMITED
Registered Office :	B-22, Sriram Telecom Centre, Chandralok, Mandoli Road, Shahadra, Delhi - 110093
Tel. No.:	91-522-3248521
Country :	India
Financials (as on) :	31.03.2010
Date of Incorporation :	21.02.2008
Com. Reg. No.:	55-174318
Capital Investment / Paid-up Capital :	Rs.0.500 Million
CIN No.: [Company Identification No.]	U22110DL2008PTC174318
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 :	Subject is act as b book publisher.
No. of Employees :	10 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Ca (18)

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear
Comments :	Subject was incorporated on 2008 having moderate track record. As management has failed to file its financials record with government department for the years ended 2014, 2013, 2012 and 2011. As per available financials of 2010, the company has reported small scale of operations and small profitability margin. The company also shows moderate financial risk profile backed by small net worth base, with below average balance sheet profile. The director of the company Mr. Rahul Shukla Has informed that the company is active and achieved a sales turnover of 1cr in the year 2014, which is not verified. Payments are unknown. In view of unavailability of financials details, the company can be considered for business dealing with safe and secure 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 31-03-2013.

INFORMATION PARTED BY

Name :	Mr. Rahul Shukla
Designation :	Director
Contact No.:	91-9935867900
Date :	09.09.2015

LOCATIONS

Registered Office :	B-22, Sriram Telecom Centre, Chandralok, Mandoli Road, Shahadra, Delhi – 110093, India
Tel. No.:	91-522-3248521
Mobile No.:	91-9935867900 (Mr. Rahul Shukla)
Fax No.:	Not Available
E-Mail :	ad_tripathi@rediffmail.com info@edexcelbooks.in
Website :	www.edexcelbooks.in
Corporate Office :	Satyam Plaza, 1st Floor, Viram Khand - 5 (Near - Shaheed Path) Gomti Nagar, Lucknow - Uttar Pradesh, India

DIRECTORS

AS ON 31.03.2015

Name :

Mr. Rahul Shukla

Designation :

Director

Address :

21/1030, Indira Nagar, Lucknow - 226016, Uttar Pradesh, India

Date of Birth/Age :

29.09.1985

Date of Appointment :

21.02.2008

DIN No.:

01882992

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	U22110DL2008PTC174318	EDEXCEL BOOKS PRIVATE LIMITED	Director	21/02/2008	21/02/2008	-	Active	NO
2	U74140UP2011PTC043083	RG BHAI EDUCATIONALS PRIVATE LIMITED	Director	5/1/2011	5/1/2011	-	Active	NO

Name :

Mr. Rajiv Kumar Shukla

Designation :

Director

Address :

21/1030, Indira Nagar, Lucknow - 226016, Uttar Pradesh, India

Date of Birth/Age :

01.06.1972

Date of Appointment :

21.02.2008

DIN No.:

01886942

Name :

Mr. Devendra Kumar Shukla

Designation :

Director

Address :

21/1030, Indira Nagar, Lucknow - 226016, Uttar Pradesh, India

Date of Birth/Age :

01.07.1967

Date of Appointment :

21.02.2008

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

AS ON 30.09.2009

Names of Shareholders	No. of Shares
Rahul Shukla	2500
Rajiv Kumar Shukla	2500
Devendra Kumar Shukla	5000
Girjesh Kumar Shukla	40000
Total	50000

Equity Share Break up (Percentage of Total Equity)

AS ON 30.09.2010

Category	Percentage
Directors or relatives of Directors	100.000
Total	100.00

BUSINESS DETAILS

Line of Business :	Subject is act as b book publisher.
Brand Names :	Not Available
Agencies Held :	Not Available
Exports :	Not Divulged
Imports :	Not Divulged
Terms :
Selling :	Cash, Advance Payment and Cheque
Purchasing :	Cash, Advance Payment and Cheque

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 :

10 (Approximately)

Bankers :

Banker Name	State Bank of Patiala
Branch Address	State Bank of Patiala, Block - 4, Sector H, Ashwariya Plaza,Aliganj, Lucknow - 226024, Uttar Pradesh, India
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 31.03.2010	As on 31.03.2009
State Bank of Patiala C/C A/c	1.500	1.205
Total	1.500	1.205

Auditors :
Name :	A.D.Tripathi and Associates Chartered Accountants
Address :	510/166, New Hyderabad, Lucknow – 226007, Uttar Pradesh, India
PAN N Income-tax PAN of auditor or auditor's firm :	ABNPT2968G
Memberships :	Not Available
Collaborators :	Not Available
Associates/Subsidiaries :	--

CAPITAL STRUCTURE

AS ON 31.03.2010

Authorised Capital :

No. of Shares	Type	Value	Amount
50000	Equity Shares	Rs.10/- each	Rs. 0.500 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
50000	Equity Shares	Rs.10/- each	Rs. 0.500 Million

FINANCIAL DATA

[all figures are in Rupees Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		0.500	0.500
2] Share Application Money		0.000	0.000
3] Reserves & Surplus		0.245	0.151
4] (Accumulated Losses)		0.000	0.000
NETWORTH		0.745	0.651
LOAN FUNDS
1] Secured Loans		1.500	1.205
2] Unsecured Loans		0.214	0.214
TOTAL BORROWING		1.714	1.419
DEFERRED TAX LIABILITIES		0.000	0.000
TOTAL		2.459	2.070
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		0.071	0.099
Capital work-in-progress		0.000	0.000
INVESTMENT		0.000	0.000
DEFERREX TAX ASSETS		0.003	0.006
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	2.164	2.031
	Sundry Debtors	12.149	9.292
	Cash & Bank Balances	0.060	0.060
	Other Current Assets	0.203	0.203
	Loans & Advances	0.025	0.005
Total Current Assets		14.601	11.591
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditors	11.622	9.296
	Other Current Liabilities	0.000	0.000
	Provisions	0.600	0.339
Total Current Liabilities		12.222	9.635
Net Current Assets		2.379	1.956
MISCELLANEOUS EXPENSES		0.006	0.009
TOTAL		2.459	2.070

PROFIT & LOSS ACCOUNT

PARTICULARS	31.03.2010	31.03.2009
TURNOVER	11.082	NA
EXPENSES	0.802	NA
PROFIT/ (LOSS) BEFORE TAX	0.140	NA
TAX (	0.000	NA
PROFIT/ (LOSS) AFTER TAX	0.140	0.121
Earnings / (Loss) Per Share (Rs.)	13.99	NA

Particulars	31.03.2010	31.03.2009
Sales Turnover (Approximately)	15.000	10.000

Expected Sales (2015-2016) : Rs.15.000 Million

The above information has been parted by Mr. Rahul Shukla

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2010	31.03.2009
Current Maturities of Long term debt	NA	NA
Cash generated from operations	NA	NA
Net cash flows from (used in) operations	NA	NA

KEY RATIOS

PARTICULARS		31.03.2010	31.03.2009
Return on Total Assets (PBT/Total Assets}	(%)	0.95	NA
Return on Investment (ROI) (PBT/Networth)		0.19	NA
Debt Equity Ratio (Total Debt /Networth)		2.30	2.18
Current Ratio (Current Asset/Current Liability)		1.17	1.18

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

DEBT EQUITY RATIO

Particular	31.03.2009	31.03.2010
	(Rs. In Million)	(Rs. In Million)
Share Capital	0.500	0.500
Reserves & Surplus	0.151	0.245
Money received against share warrants	0.000	0.000
Share Application money pending allotment	0.000	0.000
Net worth	0.651	0.745
Secured Loans	1.205	1.500
Unsecured Loans	0.214	0.214
Total borrowings	1.419	1.714
Debt/Equity ratio	2.180	2.301

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	No
8	Designation of contact person	No
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	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	No
26	Turnover of firm for last three years	Yes
27	Reasons for variation <> 20%	--
28	Estimation for coming financial year	Yes
29	Profitability for last two 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 31.03.2010	As on 31.03.2009
G.K. Brothers	0.054	0.054
Shukla Traders	0.160	0.160
Total	0.214	0.214

INDEX OF CHARGES

S.NO.	CHARGE ID	DATE OF CHARGE CREATION/MODIFICATION	CHARGE AMOUNT SECURED	CHARGE HOLDER	ADDRESS	SERVICE REQUEST NUMBER (SRN)
1	10192199	27/11/2009	1,500,000.00	STATE BANK OF PATIALA	STATE BANK OF PATIALA, BLOCK - 4, SECTOR H,, ASHW ARIYA PLAZA,ALIGANJ, LUCKNOW, UTTAR PRADESH - 2260 24, INDIA	A75568592

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.
UK Pound	1	Rs.
Euro	1	Rs.

INFORMATION DETAILS

Information Gathered by :	PRT
Analysis Done by :	TRI
Report Prepared by :	KVT

SCORE & RATING EXPLANATIONS

SCORE FACTORS	RANGE	POINTS
HISTORY	1~10	2
PAID-UP CAPITAL	1~10	2
OPERATING SCALE	1~10	2
FINANCIAL CONDITION
--BUSINESS SCALE	1~10	2
--PROFITABILITY	1~10	2
--LIQUIDITY	1~10	2
--LEVERAGE	1~10	2
--RESERVES	1~10	2
--CREDIT LINES	1~10	2
--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		18

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.