MIRA INFORM REPORT

Report No. :	504095
Report Date :	17.04.2018

IDENTIFICATION DETAILS

Name :	BIG BAD WOLF ENTERTAINMENT PRIVATE LIMITED
Registered Office :	B-522, New Friends Colony, Near Gurudwara, New Delhi -110065
Mobile No.:	91-9811466634 (Mr. Dhruv Suresh Jagasia)
Country :	India
Financials (as on) :	31.03.2017
Date of Incorporation :	17.04.2015
Com. Reg. No.:	55-279182
Capital Investment / Paid-up Capital :	INR 0.100 Million
CIN No.: [Company Identification No.]	U92400DL2015PTC279182
IEC No.: [Import-Export Code No.]	Not Applicable (As informed by the management that firm does not have export and import)
PAN No.: [Permanent Account No.]	AAGCB3390R
TAN No.: [Tax Deduction & Collection Account No.]	Not Divulged
GSTN : [Goods & Service Tax Registration No.]	07AAGCB3390R1Z3
Legal Form :	Private Limited Liability Company
Line of Business :	Subject is an artist management agency and it is engaged in to creative, arts and entertainment activities. (Registered activity and also confirmed by management)
No. of Employees :	10 (Approximately)

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Maximum Credit Limit :	USD 17000
Status :	Satisfactory
Payment Behaviour :	Usually correct
Litigation :	Clear

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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	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 31-03-2018.

BIFR (Board for Industrial & Financial Reconstruction) LISTING STATUS

Subject’s name is not listed as a Sick Unit in the publicly available BIFR (Board for Industrial & Financial Reconstruction) list as of 17.04.2018

IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS

Subject’s name is not listed in the publicly available IBBI (Insolvency and Bankruptcy Board of India) list as of report date.

INFORMATION PARTED BY

Name :	Mr. Dhruv Suresh Jagasia
Designation :	Director
Contact No.:	91-9811466634
Date :	16.04.2018

LOCATIONS

Registered Office :	B-522, New Friends Colony, Near Gurudwara, New Delhi -110065, India
Tel. No.:	Not Available
Mobile No.:	91-9811466634 (Mr. Dhruv Suresh Jagasia)
Fax No.:	Not Available
E-Mail :	dhruv@bigbadwolf.in mediaoffline1@gmail.com
Website :	http://bigbadwolf.in
Area :	5000 Sq. ft.
Location :	Owed
Locality :	Commercial

DIRECTORS

As on 31.03.2017

Name :

Mr. Dhruv Suresh Jagasia

Designation :

Director

Address :

B-522, New Friends Colony, New Delhi-110065, India

Date of Birth/Age :

15.09.1979

Date of Appointment :

17.04.2015

PAN No.:

AEMPJ6238B

DIN No.:

07086082

Name :

Ms. Stuti Amit Gujral

Designation :

Director

Address :

B-522, New Friends Colony, New Delhi-110065, India

Date of Birth/Age :

08.11.1987

Date of Appointment :

17.04.2015

PAN No.:

AJHPG9736D

DIN No.:

07086055

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U74899HR1995PTC038554	VASTRA FASHIONS PRIVATE LIMITED	29/09/2017	-

MAJOR SHAREHOLDERS

As on 31.03.2017

Names of Shareholders	No. of Shares	% of Holding
Dhruv Suresh Jagasia	5000	50.00
Stuti Amit Gujral	5000	50.00
Total	10000	100.00

Equity Share Break up (Percentage of Total Equity)

As on 30.09.2017

Category	Percentage
Promoters (Individual/Hindu Undivided Family – Indian)	100.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is an artist management agency and it is engaged in to creative, arts and entertainment activities. (Registered activity and also confirmed by management)

Products / Services :

Item Code No.	Products/Services Description
99962900	Performing arts and live entertainment services

Brand Names :

Not Available

Agencies Held :

Not Available

Exports :

Not Available

Imports :

Not Available

Terms :

Selling :

Advance Payment, Others (Bank Transfer)

Purchasing :

Advance Payment, Others (Bank Transfer)

PRODUCTION STATUS – (NOT AVAILABLE)

GENERAL INFORMATION

Suppliers :

Reference :

Dedal Prodigy

Name of the Person with Designation :

Mr. Sunny Kalra (Partner)

Contact No.:

91-9899784078

Since How Long Known :

About 3 Years

Maximum Limit Dealt :

--

Experience :

Payment Behaviour	Market Goodwill	Overall
Good	Good	Good

Remark:

They gave us positive response about subject company. They are satisfied with their payment behaviour and market goodwill.

Customers :

End Users

Reference :

Laughter Preneur

Name of the Person with Designation :

Mr. Jeeveshu Ahluwalia (Chief Executive Officer)

Contact No.:

91-9899710302

Since How Long Known :

About 3 Years

Maximum Limit Dealt :

--

Experience :

Product Quality	Delivery Behaviour	Overall
Good	Good	Good

Remark:

They gave us positive response about subject company. They are satisfied with their product quality and delivery behaviour.

No. of Employees :

10 (Approximately)

Bankers :

Banker Name :	Yes Bank Limited
Branch :	1^st Floor, One Community Centre, New Friends Colony, New Delhi, India
Person Name (With Designation) :	Mr. Sarvesh Kumar
Contact Number :	91-9873702648 (Continuously Ringing) 91-11-40411000
IFSC Code :	YESB0000069 (Not confirmed with banker)
Branch Code :	000069 (Not confirmed with banker)
Name of Account Holder :	--
Account Number :	--
Account Since (Date/Year of Account Opening) :	--
Average Balance Maintained :	--
Credit Facilities Enjoyed (CC/OD/Term Loan) :	--
Account Operation :	--
Remark :	--

Facilities :

Secured Loan	31.03.2017 (INR in Million)	31.03.2016 (INR in Million)
Long-term Borrowings
Term Loans
From Banks : Kotak Mahindra Prime Limited	1.263	0.000
Total	1.263	0.000
Notes: Long-term Borrowings · In case or Debentures/ Bonds, Rate of Interest along with particulars of redemption/ conversion · Terms of Repayment of Term Loans and Other Loans

Auditors :
Name :	Arun Kuchhal and Associates Chartered Accountants
Address :	F-58, Kalkaji, New Delhi – 110019, India
Tel. No.:	91-11-26422311, 41315810
Mobile No.:	91-9811079983
Income-tax PAN of auditor or auditor's firm :	AADPA2225N
Memberships :	Not Available
Collaborators :	Not Available
Associates/Subsidiaries :	Not Available

CAPITAL STRUCTURE

As on 30.09.2017

Authorised Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	INR 10/- each	INR 0.100 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
10000	Equity Shares	INR 10/- each	INR 0.100 Million

FINANCIAL DATA

[all figures are INR Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2017	31.03.2016
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	0.100	0.100
(b) Reserves & Surplus	5.882	0.762
(c) Money received against share warrants	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	5.982	0.862
(3) Non-Current Liabilities
(a) long-term borrowings	1.838	0.225
(b) Deferred tax liabilities (Net)	0.000	0.000
(c) Other long term liabilities	0.357	0.315
(d) long-term provisions	0.000	0.000
Total Non-current Liabilities (3)	2.195	0.540
(4) Current Liabilities
(a) Short term borrowings	0.000	0.000
(b) Trade payables	0.000	0.000
(c) Other current liabilities	3.367	1.364
(d) Short-term provisions	2.226	0.341
Total Current Liabilities (4)	5.593	1.705
TOTAL	13.770	3.107
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	1.261	0.000
(ii) Intangible Assets	0.000	0.000
(iii) Capital work-in-progress	0.000	0.000
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.000	0.000
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term Loan and Advances	0.268	0.100
(e) Other Non-current assets	0.000	0.000
Total Non-Current Assets	1.529	0.100
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	0.000	0.000
(c) Trade receivables	1.281	0.888
(d) Cash and cash equivalents	6.354	1.131
(e) Short-term loans and advances	4.508	0.965
(f) Other current assets	0.098	0.023
Total Current Assets	12.241	3.007
TOTAL	13.770	3.107

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2017	31.03.2016
	SALES
	Income	47.141	10.924
	Other Income	0.028	0.017
	TOTAL	47.169	10.941
		(Due to more order)
Less	EXPENSES
	Cost of Materials Consumed	0.000	0.000
	Purchases of Stock-in-Trade	0.000	0.000
	Employees benefits expense	4.649	1.674
	Other expenses	0.003	0.003
	Other Administrative and Selling Expenses	34.819	8.161
	TOTAL	39.471	9.838
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	7.698	1.103
Less	FINANCIAL EXPENSES	0.000	0.000
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	7.698	1.103
Less/ Add	DEPRECIATION/ AMORTISATION	0.374	0.000
	PROFIT/ (LOSS) BEFORE TAX	7.324	1.103
Less	TAX	2.205	0.341
	PROFIT/ (LOSS) AFTER TAX	5.119	0.762
	Earnings / (Loss) Per Share (INR)	511.91	76.24

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2017	31.03.2016
Current Maturities of Long term debt	0.000	0.000
Cash generated from operations	NA	NA
Net cash flows from (used in) operations	NA	NA

KEY RATIOS

EFFICIENCY RATIOS

PARTICULARS	31.03.2017	31.03.2016
Average Collection Days (Sundry Debtors / Income * 365 Days)	9.92	29.67
Account Receivables Turnover (Income / Sundry Debtors)	36.80	12.30
Average Payment Days [Sundry Creditors / Purchases * 365]	0.00	0.00
Inventory Turnover (Operating Income / Inventories)	0.00	0.00
Asset Turnover (Operating Income / Net Fixed Assets)	6.10	0.00

LEVERAGE RATIOS

PARTICULARS	31.03.2017	31.03.2016
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets)	0.54	0.62
Debt Equity Ratio (Total Liability / Networth)	0.31	0.26
Current Liabilities to Networth (Current Liabilities / Net Worth)	0.93	1.98
Fixed Assets to Networth (Net Fixed Assets / Networth)	0.21	0.00
Interest Coverage Ratio (PBIT / Financial Charges)	0.00	0.00

PROFITABILITY RATIOS

PARTICULARS		31.03.2017	31.03.2016
Net Profit Margin ((PAT / Sales) * 100)	%	10.86	6.98
Return on Total Assets ((PAT / Total Assets) * 100)	%	37.18	24.53
Return on Investment (ROI) ((PAT / Networth) * 100)	%	85.57	88.40

SOLVENCY RATIOS

PARTICULARS	31.03.2017	31.03.2016
Current Ratio (Current Assets / Current Liabilities)	2.19	1.76
Quick Ratio ((Current Assets – Inventories) / Current Liabilities)	2.19	1.76
G-Score Ratio Financial (Networth / Total Assets)	0.43	0.28
G-Score Ratio Debt (Debts / Equity Capital)	18.38	2.25
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities)	2.19	1.76

Total Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term debts

FINANCIAL ANALYSIS

[all figures are in INR Million]

DEBT EQUITY RATIO

Particular	31.03.2016	31.03.2017
	INR In Million	INR In Million
Share Capital	0.100	0.100
Reserves & Surplus	0.762	5.882
Money received against share warrants	0.000	0.000
Share Application money pending allotment	0.000	0.000
Net worth	0.862	5.982
long-term borrowings	0.225	1.838
Short term borrowings	0.000	0.000
Current maturities of long-term debts	0.000	0.000
Total borrowings	0.225	1.838
Debt/Equity ratio	0.261	0.307

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2016	31.03.2017
	INR In Million	INR In Million
Sales	10.924	47.141
		331.536

NET PROFIT MARGIN

Net Profit Margin	31.03.2016	31.03.2017
	INR In Million	INR In Million
Sales	10.924	47.141
Profit	0.762	5.119
	6.98%	10.86%

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	Yes
5]	Buyer visit details	Yes
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	Yes
17]	Details of sister concerns	No
18]	Major suppliers	Yes
19]	Major customers	Yes
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 about two years	Yes
27]	Reasons for variation <> 20%	Yes
28]	Estimation for coming financial year	Yes
29]	Profitability for last about 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

OBSERVATION POINTS

Name of Company :	BIG BAD WOLF ENTERTAINMENT PRIVATE LIMITED
Address :	702, P D Hinduja Road, Govind Kutir, Khar (West), Mumbai-40005, Maharashtra, India
Person to whom we met:	Mr. Suraj Jadwani (Owner of the house)
Name Board :	Not Sighted
Location:	Easy
Landmark (If Any):	Near Khar Telephone Exchange
Total Floors of the building:	7
Locality:	Residential
Area :	Upmarket
Proof of visit:	Photographs

FINANCIAL SUMMARY OR HIGHLIGHTS/ PERFORMANCE OF THE COMPANY

During the year the Company has earned an income of INR 47.141 million as against INR 10.924 million in previous year from its main business activity. The Company earned income from other sources of INR 0.028 million as against INR 0.017 million in the previous year. The Company has earned profit (after tax) of INR 5.119 million as against a profit INR 0.762 million in the previous year.

UNSECURED LOAN

PARTICULAR	31.03.2017 (INR in Million)	31.03.2016 (INR in Million)
Long-term Borrowings
Loans and advances from Related Parties
Dhruv Jagasia	0.275	0.225
Manu Sakseria	0.300	0.000
Total	0.575	0.225

INDEX OF CHARGES: NO CHARGES EXISTS FOR COMPANY

FIXED ASSETS

· Computer

· Mobile

· EAPBX System

· Camera

· Innova Car

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 records 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	INR
US Dollar	1	INR 65.45
UK Pound	1	INR 93.28
Euro	1	INR 80.74

INFORMATION DETAILS

Information Gathered by :	SUP
Analysis Done by :	VIV
Report Prepared by :	JYTK

SCORE FACTORS

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

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.

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