MIRA INFORM REPORT

Report No. :	508292
Report Date :	12.05.2018

IDENTIFICATION DETAILS

Name :	IMPERIA STRUCTURES LIMITED
Registered Office :	A - 25, Mohan Co - Operative Industrial Estate, Mathura Road, New Delhi – 110044
Tel. No.:	91-11-46469999
Country :	India
Financials (as on) :	31.03.2017
Date of Incorporation :	05.02.2010
Com. Reg. No.:	55-198791
Capital Investment / Paid-up Capital :	INR 68.900 Million
CIN No.: [Company Identification No.]	U45400DL2010PLC198791
IEC No.: [Import-Export Code No.]	Not Available
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
GSTN : [Goods & Service Tax Registration No.]	07AACCI2321R1ZF
TIN No.:	Not Divulged
PAN No.: [Permanent Account No.]	AACCI2321R
Legal Form :	A Closely Held Public Limited Liability Company.
Line of Business :	Subject is engaged into Real Estate Activity. [Registered Activity]
No. of Employees :	Information declined by the management

RATING & COMMENTS

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

MIRA’s Rating :

B

Credit Rating	Explanation	Rating Comments
B	Medium Risk	Business dealings permissible on a regular monitoring basis

Maximum Credit Limit :	USD 2400000
Status :	Moderate
Payment Behaviour :	Slow
Litigation :	Exist
Comments :	Subject was incorporated in the year 2010. The company is engaged in the business of real estate. As per the financial of 2017, the company has achieved an average growth in its revenue as compared to the previous year but has incurred operational losses. The company possesses moderate financial position marked by low reserve base and high debt balance sheet profile. Business is active. Payment seems to be slow. In view of aforesaid, the company can be considered for business dealings 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

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 listed as a Sick Unit in the publicly available BIFR (Board for Industrial & Financial Reconstruction) list as of 12.05.2018.

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 DENIED

Management Non-Cooperative (Tel. No.: 91-11-46469999)

LOCATIONS

Registered Office :	A - 25, Mohan Co - Operative Industrial Estate, Mathura Road, New Delhi – 110044, India
Tel. No.:	91-11-46469999
Fax No.:	91-11-46469900
E-Mail :	info@imperiastructure.com
Website :	http://www.imperiastructures.com

DIRECTORS

As on 31.03.2018

Name :

Mr. Brajinder Singh Batra

Designation :

Wholetime Director

Address :

B-9, Chirag Enclave, Greater Kailash – 1, New Delhi – 110048, India

Date of Birth/Age :

06.09.1976

Qualification :

Graduate

Date of Appointment :

05.02.2010

DIN No.:

00047184

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U72200DL2004PTC129951	GURU NANAK INFO TECH PRIVATE LIMITED	14/10/2004	-
U72901DL2006PTC148608	ARIHANT TECHNOSOFT PRIVATE LIMITED.	23/03/2018	-
U70102DL2013PTC250929	IMPERIA HOMES PRIVATE LIMITED	30/09/2014	-
U70109DL2016PTC307932	IMPERIA HEIGHTS PRIVATE LIMITED	07/11/2016	-
U45209DL2012PTC233638	IMPERIA WISHFIELD PRIVATE LIMITED	29/03/2012	-
U74899DL1994PTC060090	GOOD HEALTH ACCESSORIES INDIA PRIVATE LIMITED	21/03/2003	-
U51505DL2008PTC179984	BRIGHTVISION ELECTRONICS PRIVATE LIMITED	30/09/2017	-
U74999DL2007PTC159735	GLACIER INFOTECH PRIVATE LIMITED	26/02/2007	-
U74999DL2006PTC155040	TIMES SHOPEE CENTRE PRIVATE LIMITED	06/10/2010	-
U70100DL2005PTC143779	CREDENCE REALCON PRIVATE LIMITED	16/12/2005	-
U51909DL2005PTC143051	CALLY GRAPHICS IMPEX (INDIA) PRIVATE LIMITED	27/09/2014	-
U72900DL2004PTC125757	PHOENIX DATATECH SERVICES PRIVATE LIMITED	28/07/2012	-
U30007DL2002PTC114612	S TECH INFO PRIVATE LIMITED	29/09/2017	-

Name :

Mr. Harpreet Singh Batra

Designation :

Wholetime Director

Address :

B-9, Chirag Enclave, Greater Kailash, New Delhi – 110048, India

Date of Birth/Age :

10.05.1970

Qualification :

Graduate

Date of Appointment :

05.02.2010

DIN No.:

00047202

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U70102DL2013PTC250929	IMPERIA HOMES PRIVATE LIMITED	30/09/2014	-
U72900DL2007PTC165645	LUNAR INFOTECH PRIVATE LIMITED	10/07/2007	-
U72200DL2004PTC129951	GURU NANAK INFO TECH PRIVATE LIMITED	14/10/2004	-
U45209DL2012PTC233638	IMPERIA WISHFIELD PRIVATE LIMITED	29/03/2012	-
U70109DL2016PTC307932	IMPERIA HEIGHTS PRIVATE LIMITED	07/11/2016	-
U70200DL2008PTC178552	GLOBUS BUSINESS PARK PRIVATE LIMITED	23/05/2008	-
U74999DL2007PTC159735	GLACIER INFOTECH PRIVATE LIMITED	26/02/2007	-
U74999DL2006PTC155040	TIMES SHOPEE CENTRE PRIVATE LIMITED	06/10/2010	-
U70100DL2005PTC143779	CREDENCE REALCON PRIVATE LIMITED	16/12/2005	-
U51909DL2005PTC143051	CALLY GRAPHICS IMPEX (INDIA) PRIVATE LIMITED	27/09/2014	-
U72200DL2005PTC140801	CROMEWEL INFOTECH PRIVATE LIMITED	15/09/2005	-
U72900DL2004PTC125757	PHOENIX DATATECH SERVICES PRIVATE LIMITED	28/07/2012	-
U30007DL2002PTC114612	S TECH INFO PRIVATE LIMITED	29/09/2017	-
U74899DL1994PTC060090	GOOD HEALTH ACCESSORIES INDIA PRIVATE LIMITED	21/03/2003	-

Name :

Mr. Ram Singh

Designation :

Director

Address :

Gurudwara Guru Singh Sabha Hemkunt Colony, Greater Kailash-I New Delhi – 110048, India

Date of Appointment :

12.04.2017

DIN No.:

07791231

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 31.03.2017

Names of Equity Shareholders	No. of Shares
Harpreet Singh Batra	820000
Brajinder Singh Batra	824000
Sukhcharan Singh Wadhwa	1000
Naveneet Kaur Wadhwa	500
Shubhjit Kaur	500
Guru Nanak Info Tech Private Limited, India	240000
Harjit Singh Batra	4000
Total	1890000

Names of Preference Shareholders	No. of Shares
Harpreet Singh Batra	1500000
Brajinder Singh Batra	2500000
Hardit Singh Batra	1000000
Total	5000000

Equity Share Break up (Percentage of Total Equity)

As on 29.09.2017

Category	Percentage
Promoter – (Individual/ Hindu Undivided Family – Indian)	86.98
Public – (Individual/ Hindu Undivided Family – Indian)	0.32
Public - Bodies corporate	12.70
Total	100.00

BUSINESS DETAILS

Line of Business :

Subject is engaged into Real Estate Activity. [Registered Activity]

Products :

Item Code No.	Product Description
68100	Real estate activities

Brand Names :

Not Divulged

Agencies Held :

Not Divulged

Exports :

Not Divulged

Imports :

Not Divulged

Terms :

Not Divulged

PRODUCTION STATUS NOT AVAILABLE

GENERAL INFORMATION

Suppliers :

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

Customers :

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

No. of Employees :

Information declined by the management

Bankers :

Bank Name	Corporate Bank
Branch	Industrial Finance Branch16/10,1st Floor, Main Arya Samaj Road, New Delhi – 110005, India
Person Name (With Designation)	--
Contact Number	--
Name of Account Holder	--
Account Number	--
Account Since (Date/Year of Account Opening)	--
Average Balance Maintained (If Possible)	--
Credit Facilities Enjoyed (If any)	--
Account Operation	--
Remarks (If any)	--

Facilities :

Secured Loan	31.03.2017 (INR in Million)	31.03.2016 (INR in Million)
Long-term Borrowings
Rupee term loans from others	458.117	350.103
Term loans from banks	11.094	22.941
Short-term borrowings
Rupee term loans from others	150.000	0.000
Total	619.211	373.044

Auditors :
Name :	O.P. Bagla and Company Chartered Accountants
Address :	8/12Kalkaji Extention, New Delhi - 110019, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAAFO1030A
Memberships :	Not Available
Collaborators :	Not Available
Associates :	Guru Nanak Info Tech Private Limited U72200DL2004PTC129951 Good health Accessories India Private Limited U74899DL1994PTC060090 Spacewalk IT Solutions Private Limited U72300DL2007PTC166781 Pragati Associates Private Limited U24241UP1996PTC019278 S Tech Info Private Limited U30007DL2002PTC114612 Times Shopee Centre Private Limited U74999DL2006PTC155040 Imperia Wishfield Private Limited U45209DL2012PTC233638 Credence Realcon Private Limited U70100DL2005PTC143779

CAPITAL STRUCTURE

As on 31.03.2017

Authorised Capital :

No. of Shares	Type	Value	Amount
5600000	Equity Shares	INR 10/- each	INR 56.000 Million
5000000	Preference Shares	INR 10/- each	INR 50.000 Million
	Total		INR 106.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
1890000	Equity Shares	INR 10/- each	INR 18.900 Million
5000000	Preference Shares	INR 10/- each	INR 50.000 Million
	Total		INR 68.900 Million

FINANCIAL DATA

[all figures are in INR Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2017	31.03.2016	31.03.2015
I. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	68.900	68.900	67.500
(b) Reserves and Surplus	15.139	16.053	10.035
(c) Money received against share warrants	0.000	0.000	0.000
(d) Minority interest	0.000	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000	0.000
Total Shareholders’ Funds (1) + (2)	84.039	84.953	77.535
(3) Non-Current Liabilities
(a) long-term borrowings	499.211	403.044	381.793
(b) Deferred tax liabilities (Net)	1.449	1.586	2.866
(c) Other long-term liabilities	0.000	0.000	0.000
(d) long-term provisions	1.944	0.925	0.058
Total Non-current Liabilities (3)	502.604	405.555	384.717
(4) Current Liabilities
(a) Short-term borrowings	150.000	0.000	0.000
(b) Trade payables	217.132	167.862	152.588
(c) Other current liabilities	2873.173	2704.962	2398.323
(d) Short-term provisions	2.652	5.384	11.277
Total Current Liabilities (4)	3242.957	2878.208	2562.188
TOTAL	3829.600	3368.716	3024.440
II. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	99.741	108.293	78.215
(ii) Intangible Assets	0.031	0.031	0.131
(iii) Tangible assets 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	10.650	5.500	1.000
(c) Deferred tax assets (net)	0.000	0.000	0.000
(d) Long-term loans and advances	6.792	3.225	2.924
(e) Other Non-current assets	12.305	25.988	34.406
Total Non-Current Assets	129.519	143.037	116.676
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	2770.919	2324.085	1981.423
(c) Trade receivables	0.000	0.000	0.000
(d) Cash and bank balances	183.434	44.440	51.020
(e) Short-term loans and advances	725.720	833.995	854.667
(f) Other current assets	20.008	23.159	20.654
Total Current Assets	3700.081	3225.679	2907.764
TOTAL	3829.600	3368.716	3024.440

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2017	31.03.2016	31.03.2015
	SALES
	Total Revenue from operations	965.506	936.378	1313.007
	Other Income	7.724	5.598	20.493
	TOTAL	973.230	941.976	1333.500
Less	EXPENSES
	Cost of Materials Consumed	1126.680	945.357	1403.722
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(446.834)	(342.662)	(403.442)
	Employee benefit expense	59.029	53.130	59.047
	Other expenses	199.632	254.139	221.446
	TOTAL	938.507	909.964	1280.773
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	34.723	32.012	52.727
Less	FINANCIAL EXPENSES	17.826	12.405	12.291
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	16.897	19.607	40.436
Less	DEPRECIATION/ AMORTISATION	16.177	15.725	15.356
	PROFIT/ (LOSS) BEFORE TAX	0.720	3.882	25.080
Less	TAX	1.634	3.863	9.282
	PROFIT/ (LOSS) AFTER TAX	(0.914)	0.019	15.798
	Earnings / (Loss) Per Share (INR)	(0.13)	0.00	2.29

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2017	31.03.2016	31.03.2015
Current Maturities of Long term debt	110.875	106.904	63.968
Net cash flows from (used in) operations	(82.053)	30.671	(372.828)
Net cash flows from (used in) operating activities	(101.650)	13.123	(393.583)

KEY RATIOS

EFFICIENCY RATIOS

PARTICULARS	31.03.2017	31.03.2016	31.03.2015
Average Collection Days [Sundry Debtors / Income * 365]	0.00	0.00	0.00
Account Receivables Turnover [Income / Sunday Debtors]	0.00	0.00	0.00
Average Payment Days [Sundry Creditors / Purchases * 365]	70.34	64.81	39.68
Inventory Turnover [Operating Income / Inventories]	0.01	0.01	0.03
Asset Turnover [Operating Income / Net Fixed Assets]	0.35	0.30	0.67

LEVERAGE RATIOS

PARTICULARS	31.03.2017	31.03.2016	31.03.2015
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets]	1.01	1.01	0.99
Debt Equity Ratio (Borrowings / NetWorth)	9.04	6.00	5.75
Current Liabilities to Networth (Current Liabilities / NetWorth)	38.59	33.88	33.05
Fixed Assets to NetWorth (Net Fixed Assets / NetWorth)	1.19	1.28	1.01
Interest Coverage Ratio [PBIT / Financial Charges]	1.95	2.58	4.29

PROFITABILITY RATIOS

PARTICULARS		31.03.2017	31.03.2016	31.03.2015
Net Profit Margin [(PAT / Sales) * 100]	(%)	(0.09)	0.00	1.20
Return on Total Assets [(PAT / Total Assets) * 100]	(%)	(0.02)	0.00	0.52
Return on Investment (ROI) [(PAT / NetWorth) * 100]	(%)	(1.09)	0.02	20.38

SOLVENCY RATIO

PARTICULARS	31.03.2017	31.03.2016	31.03.2015
Current Ratio [Current Assets / Current Liabilities]	1.14	1.12	1.13
Quick Ratio [(Current Assets - Inventories) / Current Liabilities]	0.29	0.31	0.36
G-Score Ratio Financial [NetWorth / Total Assets]	0.02	0.03	0.03
G-Score Ratio Debt [Debts / Equity Capital]	11.03	7.40	6.60
G-Score Ratio Liquidity [Total Current Assets / Total Current Liabilities]	1.14	1.12	1.13

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	31.03.2015	31.03.2016	31.03.2017
	(INR In Million)	(INR In Million)	(INR In Million)
Share Capital	67.500	68.900	68.900
Reserves & Surplus	10.035	16.053	15.139
Money received against share warrants	0.000	0.000	0.000
Share Application money pending allotment	0.000	0.000	0.000
Net worth	77.535	84.953	84.039
Long-term borrowings	381.793	403.044	499.211
Short term borrowings	0.000	0.000	150.000
Current maturities of long-term debts	63.968	106.904	110.875
Total borrowings	445.761	509.948	760.086
Debt/Equity ratio	5.749	6.003	9.044

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2015	31.03.2016	31.03.2017
	(INR In Million)	(INR In Million)	(INR In Million)
Sales	1313.007	936.378	965.506
		(28.684)	3.111

NET PROFIT MARGIN

Net Profit Margin	31.03.2015	31.03.2016	31.03.2017
	(INR In Million)	(INR In Million)	(INR In Million)
Sales	1313.007	936.378	965.506
Profit/ (Loss)	15.798	0.019	(0.914)
	1.20 %	0.00 %	(0.09 %)

ABRIDGED BALANCE SHEET – (CONSOLIDATED)

SOURCES OF FUNDS	31.03.2017	31.03.2016
III. EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	68.900	68.900
(b) Reserves and Surplus	13.947	15.076
(c) Money received against share warrants	0.000	0.000
(d) Minority interest	0.000	0.000
(2) Share Application money pending allotment	0.000	0.000
Total Shareholders’ Funds (1) + (2)	82.847	83.976
(3) Non-Current Liabilities
(a) long-term borrowings	499.211	403.044
(b) Deferred tax liabilities (Net)	1.449	1.586
(c) Other long-term liabilities	0.000	0.000
(d) long-term provisions	1.944	0.925
Total Non-current Liabilities (3)	502.604	405.555
(4) Current Liabilities
(a) Short-term borrowings	150.000	0.000
(b) Trade payables	217.132	167.862
(c) Other current liabilities	2873.173	2704.962
(d) Short-term provisions	2.652	5.384
Total Current Liabilities (4)	3242.957	2878.208
TOTAL	3828.408	3367.739
IV. ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	99.741	108.293
(ii) Intangible Assets	0.031	0.031
(iii) Tangible assets capital work-in-progress	0.000	0.000
(iv) Intangible assets under development	0.000	0.000
(b) Non-current Investments	0.066	0.000
(c) Deferred tax assets (net)	0.000	0.000
(d) Long-term loans and advances	6.792	3.225
(e) Other Non-current assets	16.828	30.511
Total Non-Current Assets	123.458	142.060
(2) Current assets
(a) Current investments	0.000	0.000
(b) Inventories	2770.919	2324.085
(c) Trade receivables	0.000	0.000
(d) Cash and bank balances	188.303	44.440
(e) Short-term loans and advances	725.720	833.995
(f) Other current assets	20.008	23.159
Total Current Assets	3704.950	3225.679
TOTAL	3828.408	3367.739

PROFIT & LOSS ACCOUNT– (CONSOLIDATED)

	PARTICULARS	31.03.2017	31.03.2016
	SALES
	Total Revenue from operations	965.506	936.378
	Other Income	7.740	5.598
	TOTAL	973.246	941.976
Less	EXPENSES
	Cost of Materials Consumed	1126.680	945.357
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(446.834)	(342.662)
	Employee benefit expense	59.029	53.130
	Other expenses	199.632	255.216
	TOTAL	938.507	911.041
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	34.739	30.935
Less	FINANCIAL EXPENSES	17.828	12.405
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	16.911	18.530
Less/ Add	DEPRECIATION/ AMORTISATION	16.177	15.725
	PROFIT/ (LOSS) BEFORE TAX	0.734	2.805
Less	TAX	1.634	3.863
	PROFIT/ (LOSS) AFTER TAX	(0.900)	(1.058)
	Earnings / (Loss) Per Share (INR)	(0.13)	(0.15)

LEGAL CASES

CHIEF METROPOLITAN MAGISTRATE, SOUTH, SAKET

Case Details

Case Type: CC - COMPLAINT CASES

Filing Number: 29560/2016Filing Date: 20-08-2016

Registration Number: 473403/2016Registration Date: 23-08-2016

CNR Number: DLST02-007051-2016

Case Status

First Hearing Date: 23rd August 2016
Next Hearing Date: 14th February 2017
Stage of Case: Complainaint Evidence
Court Number and Judge: 12-Metropolitan Magistrate

Petitioner and Advocate

1) M/S AMBAWATTA BUILDWELL PVT. LTD.

Address - 267, CHATTARPUR, MEHRAULI, NEW DELHI

Respondent and Advocate

1) IMPERIA STRUCTURE LTD AND ORS

Address - A-25, MOHAN CO-OPERATIVE INDUSTRIAL ESTATE, NEW DELHI.

2) BRAJINDER SINGH BATRA

8/16, KALKAJI ENTENSION, NEW DELHI.

Acts

Under Act(s)	Under Section(s)
Cr. P.C.	200
FIR Details

Police Station: Mehrauli
FIR Number:  
Year: 0

History of Case Hearing

Registration Number	Judge	Business On Date	Hearing Date	Purpose of hearing
473403/2016	Metropolitan Magistrate	23-08-2016	16-11-2016	Complainaint Evidence
473403/2016	Metropolitan Magistrate	16-11-2016	14-02-2017	Complainaint Evidence

Orders

Order Number	Order Date	Order Details
1	16-11-2016	COPY OF ORDER

District and Sessions Judge, South-East , Saket

Case Details

Case Type: CS DJ

Filing Number: 211/2018Filing Date: 16-01-2018

Registration Number: 99/2018Registration Date: 17-01-2018

CNR Number: DLSE01-000402-2018

Case Status

First Hearing Date: 17th January 2018

Next Hearing Date: 23rd April 2018

Stage of Case: Misc. cases

Court Number and Judge: 89-Additional District Judge(ADJ)

Petitioner and Advocate

1) M/S ASG AND COMPANY

Advocate- PARKASH SINGH

Respondent and Advocate

1) M/S IMPERIA STRUCTURE LTD

2) BRAJINDER SINGH BATRA (DIRECTOR)

3) HARPREET SINGH BATRA (DIRECTOR)

4) KAMLJEET KAUR BATRA (DIRECTOR)

5) HARNEET KAUR BATRA (DIRECTOR)

Acts

Under Act(s)	Under Section(s)
Recovery of Money	151

History of Case Hearing

Registration Number	Judge	Business On Date	Hearing Date	Purpose of hearing
99/2018	Additional District Judge(ADJ)	17-01-2018	23-04-2018	Misc. cases

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	Yes
18	Major suppliers	No
19	Major customers	No
20	Banking Details	No
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	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	Yes
33	Market information	--
34	Payments terms	No
35	Negative Reporting by Auditors in the Annual Report	No

UNSECURED LOAN

Unsecured Loan	31.03.2017 (INR in Million)	31.03.2016 (INR in Million)
Long-term Borrowings
Rupee term loans from others	30.000	30.000
Total	30.000	30.000

INDEX OF CHARGES:

Charges Registered
SNo	SRN	Charge Id	Charge Holder Name	Date of Creation	Date of Modification	Date of Satisfaction	Amount	Address
1	G50908573	100116870	INDIABULLS HOUSING FINANCE LIMITED	05/07/2017	-	-	169600000.0	M - 62 & 63FIRST FLOOR, CONNAUGHT PLACENEW DELHIHR122001IN
2	G43233998	100095755	INDIABULLS HOUSING FINANCE LIMITED	25/04/2017	-	-	50000000.0	M - 62 & 63FIRST FLOOR, CONNAUGHT PLACENEW DELHIHR122001IN
3	C42817452	10547662	INDIABULLS HOUSING FINANCE LIMITED	04/02/2015	-	-	365500000.0	M - 62 & 63FIRST FLOOR, CONNAUGHT PLACENEW DELHIDL110001IN
4	B14700439	10305826	BANK OF BARODA	13/11/2010	-	-	96700000.0	SECTOR 53GURGAONHR122011IN
5	G43819036	100042231	VIRTUE FINANCIAL SERVICES PRIVATE LIMITED	28/07/2016	-	16/05/2017	150000000.0	6-D, Atma Ram House, 1, Tolstoy Marg,Connaught PlaceNew DelhiDe110001IN
6	G29382876	10304803	Corporation Bank Corporate Banking Branch	12/07/2011	-	07/12/2016	148200000.0	10th, Floor H.T. House18/20,K.G.Marg,Connaught PlaceNew DelhiDL110001IN
7	G29421138	10126895	CORPORATION BANK	17/10/2008	-	07/12/2016	175200000.0	INDUSTRIAL FINANCE BRANCH16/10,1ST FLOOR,MAIN ARYA SAMAJ ROADNEW DELHIDL110005IN
8	C61815460	10464305	RELIGARE FINVEST LIMITED	29/11/2013	-	05/08/2015	160000000.0	D3, P3B,District Centre, SaketNew DelhiDL110017IN
9	B96104070	10348003	RELIGARE FINVEST LIMITED	02/03/2012	-	16/01/2014	100000000.0	D3, P3B,District Centre, SaketNew DelhiDL110017IN

FIXED ASSETS

• Buildings
• Plant and equipment
• Factory equipment
• Furniture and fixtures
• Vehicles
• Office equipment
• Computer equipment

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 records 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 67.38
UK Pound	1	INR 91.39
Euro	1	INR 79.89

INFORMATION DETAILS

Information Gathered by :	AKS
Analysis Done by :	NYT
Report Prepared by :	JYO

SCORE FACTORS

DEMERIT POINTS
--BANK CHARGES	YES/NO	YES
--LITIGATION	YES/NO	YES
--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

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.