MIRA INFORM REPORT

Report No. :	509302
Report Date :	22.05.2018

IDENTIFICATION DETAILS

Name :	CG MARKETING PRIVATE LIMITED
Registered Office :	Office No. C-5020, 5th Floor, Marvel Edge, Survey No. 207/1 2/1-1, Near Nico Garden, Vimannagar Pune – 411014, Maharashtra
Tel. No.:	91-20-27010300
Country :	India
Financials (as on) :	31.03.2016
Date of Incorporation :	20.05.1999
Com. Reg. No.:	11-013651
Capital Investment / Paid-up Capital :	INR 6.000 Million
CIN No.: [Company Identification No.]	U51909PN1999PTC013651
IEC No.: [Import-Export Code No.]	Not Divulged
TAN No.: [Tax Deduction & Collection Account No.]	Not Available
PAN No.: [Permanent Account No.]	AABCC7475M
GSTN : [Goods & Service Tax Registration No.]	Not Divulged
Legal Form :	Private Limited Liability Company.
Line of Business :	The Company is primarily engaged in the business of distribution of Fast Moving Consumable Goods. (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 :

A

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

Maximum Credit Limit :	USD 660000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is as established company incorporated in the year 1999 and it is having satisfactory track records. As per Registrar of Companies the date of balance sheet (i.e. financial filed) is shown as 31-03-2017 but the documents related to the financial for the year 2017 are not available from any sources. For the financial year 2016, the company has marginal decrease its revenue from operations as compared to previous year and maintained minimal profitability margin of 0.29%. General financial position of the company seems to be sound and healthy along with average debt balance sheet. Further, rating derives strength from long standing track records of business operations. Trade relations are reported as fair. Business is active. Payments are seems to be regular. In view of aforesaid, the company can be considered for business dealings at usual 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

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 22.05.2018

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 BY

Name :	Mr. Dinesh Surve
Designation :	Assistant General Manager
Contact No.:	91-9223287120
Date :	12.05.2018

LOCATIONS

Registered Office :	Office No. C-5020, 5th Floor, Marvel Edge, Survey No. 207/1 2/1-1, Near Nico Garden, Vimannagar Pune – 411014, Maharashtra, India
Tel. No.:	91-20-27010300 / 27011807
Fax No.:	Not Available
E-Mail :	arunchamadia.ac@chamadiagroup.com info@chamdiagroup.com cgmmarketingprivatelimited@gmail.com
Website :	http://chamadiagroup.com
Corporate Office :	Near Prabhat Co-Operative Housing Society, Near Ice Factory, Block No. 124 Gun Power Road, Mazgaon – 400010, Maharashtra, India
Tel. No.:	91-22-23703800
Marketing Office :	Sona Udyog Bhavan, Parsi Panchayat Road, Andheri [East], Mumbai - 400069, Maharashtra, India

DIRECTORS

As on 2018

Name :

Mr. Vishnukumar Madanlal Chamadia

Designation :

Director

Address :

B-2/49, Agrasen Coop Society 8, Koregaon Park, Pune 411001, Maharashtra, India

Date of Birth/Age :

30.07.1953

Qualification :

B. Com

Date of Appointment :

20.05.1999

PAN No.:

AANPC8372N

DIN No.:

00542764

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U29299MH1996PTC103107	CHAMADIA DISTRIBUTION PRIVATE LIMITED	24/03/1998	-
U51909PN2001PTC016371	CHAMADIA INDUSTRIAL SERVICES PRIVATE LIMITED	06/08/2001	-
U30007PN2004PTC019420	LOGIPARK WAREHOUSING PRIVATE LIMITED	22/06/2004	-
U15419PN2005PLC020871	CHAMADIA FOODS LIMITED	14/06/2005	-
U51909PN2001PTC016269	CHAMADIA TRADELINK PRIVATE LIMITED	22/06/2001	-
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	30/09/2010	-
U74999PN2008PTC132952	SALASAR WAREHOUSING PRIVATE LIMITED.	22/10/2008	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	28/04/2011	-

Name :

Mr. Omprakash Madanlal Chamadia

Designation :

Director

Address :

S. No. 31/2/9, North Koregaon Park, Near Ganga Heritage, Pune 411001, Maharashtra, India

Date of Birth/Age :

09.11.1940

Qualification :

XII th

Date of Appointment :

01.12.1999

PAN No.:

AGUPG3591L

DIN No.:

00542856

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U51909PN2001PTC016371	CHAMADIA INDUSTRIAL SERVICES PRIVATE LIMITED	06/08/2001	-
U30007PN2004PTC019420	LOGIPARK WAREHOUSING PRIVATE LIMITED	22/06/2004	-
U15419PN2005PLC020871	CHAMADIA FOODS LIMITED	14/06/2005	-
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	30/09/2010	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	30/09/2013	-

Name :

Mr. Arunkumar Bajaranglal Chamadia

Designation :

Whole-time Director

Address :

Agresan Society, A-2/15, 8 Koregaon Park, Pune 411001, Maharashtra, India

Date of Birth/Age :

07.04.1968

Qualification :

B.E. Industrial Electronics

Date of Appointment :

20.05.1999

DIN No.:

00679522

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	30/09/2010	-
U74999PN2008PTC132952	SALASAR WAREHOUSING PRIVATE LIMITED.	22/10/2008	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	23/03/2018	-

Name :

Mr. Rajkumar Ramswaroop Chamadia

Designation :

Whole-time Director

Address :

Plot No 9, North Koregaon Park, Opposite Ganga Heritage, Bund Garden, Pune 411001, Maharashtra, India

Date of Birth/Age :

15.08.1964

Qualification :

XII th

Date of Appointment :

01.12.1999

PAN No.:

AANPC8368A

DIN No.:

00679735

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U15419PN2005PLC020871	CHAMADIA FOODS LIMITED	14/06/2005	-
U51909PN2001PTC016269	CHAMADIA TRADELINK PRIVATE LIMITED	30/09/2009	-
U63011PN2006PTC021980	CHAMADIA LOGISTICS PRIVATE LIMITED	10/02/2006	-
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	31/12/2009	-
U74999PN2008PTC132952	SALASAR WAREHOUSING PRIVATE LIMITED.	30/06/2015	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	23/03/2018	-

Name :

Mr. Manojkumar Ramswaroop Chamadia

Designation :

Whole-time Director

Address :

Plot No 9, North Koregaon Park, Opposite Ganga Heritage, Bund Garden, Pune 411001, Maharashtra, India

Date of Birth/Age :

09/06/1968

Qualification :

X th

Date of Appointment :

01.04.2003

PAN No.:

AANPC1338C

DIN No.:

00679748

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	30/09/2010	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	23/03/2018	-

Name :

Mr. Ravikant Bajaranglal Chamadia

Designation :

Whole-time Director

Address :

Agresan Society A-2/15, 8, Koregaon Park, Pune 411001, Maharashtra, India

Date of Birth/Age :

19.03.1972

Qualification :

XII th

Date of Appointment :

01.04.2003

DIN No.:

01775609

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U63011PN2006PTC021980	CHAMADIA LOGISTICS PRIVATE LIMITED	10/02/2006	-
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	30/09/2010	-
U74999PN2008PTC132952	SALASAR WAREHOUSING PRIVATE LIMITED.	30/09/2010	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	23/03/2018	-

Name :

Mr. Chandrakant Omprakash Chamadia

Designation :

Whole-time Director

Address :

31/2/1, Plot No.9, North Koregaon Park Bund Garden, Pune 411001, Maharashtra, India

Date of Birth/Age :

01.06.1973

Qualification :

B.E. Computers

Date of Appointment :

01.04.2003

PAN No.:

AANPC8374L

DIN No.:

01778073

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U00500PN1995PTC153360	SUPRABHAAT PROPERTIES & FINVEST PRIVATE LIMITED	01/03/2012	-
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	30/09/2010	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	23/03/2018	-

Name :

Mr. Girish Vishnukumar Chamadia

Designation :

Whole-time Director

Address :

Agarsen Society B-2/49, 8. Koregaon Park, Pune 411001, Maharashtra, India

Date of Birth/Age :

20.05.1979

Qualification :

B.com, MBA Finance

Date of Appointment :

01.04.2003

PAN No.:

ADWPC4196L

DIN No.:

01778111

Other Directorship:

CIN/FCRN	Company Name	Begin Date	End Date
U51909PN2001PTC016371	CHAMADIA INDUSTRIAL SERVICES PRIVATE LIMITED	01/10/2003	-
U72200PN2008PTC132846	SUPRABHAT TELECOM PRIVATE LIMITED	26/09/2008	-
U74900PN2011PTC139370	SANJEEVANI PACKAGING PRIVATE LIMITED	23/03/2018	-

Name :

Mr. Govind Puranmal Agrawal

Designation :

Whole-time Director

Address :

204/B, Orchid Evershine Park, Veera Desai Road, Andheri West, Mumbai 400058, Maharashtra, India

Date of Birth/Age :

14.02.1973

Qualification :

B.com

Date of Appointment :

30.03.2011

PAN No.:

AGZPA4908L

DIN No.:

03484086

KEY EXECUTIVES

Name :	Mr. Dinesh Surve
Designation :	Assistant General Manager

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

As on 31.03.2017

SHAREHOLDER’S DETAILS FILE ATTACHED

Equity Share Break up (Percentage of Total Equity)

As on 29.09.2017

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

BUSINESS DETAILS

Line of Business :

The Company is primarily engaged in the business of distribution of Fast Moving Consumable Goods. (Registered activity)

Products :

Item Code No.	Product Description
34011942	Fabric & Home Care

Item Code No.	Product Description
46497	Vicks 500+
46491	Personal Care, Skin Care and Perfumes
46499	Miscellaneous Consumer Goods

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	Not Divulged
Branch	--
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	31.03.2016 (INR in Million)	31.03.2015 (INR in Million)
Long-term Borrowings
Rupee term loans from banks	29.927	36.904
Short-term Borrowings
Other loans and advances, others	445.455	249.177
Total	475.382	286.081

Auditors :
Name :	Khandelwal Jain and Associates Chartered Accountants
Address :	1^st Floor, Alankar Cinema Building, Pune Station, Pune – 411001, Maharashtra, India
PAN N Income-tax PAN of auditor or auditor's firm :	AAOFK4306M
Memberships :	Not Available
Collaborators :	Not Available
Other related parties : (As on 2016)	Salasar Warehousing Private Limited Logipark Warehousing LLP Chamadia Industrial Services LLP Chamadia Industrial Services Chamadia Distributions Private Limited (Poona Career)

CAPITAL STRUCTURE

As on 29.09.2017

Authorised Capital :

No. of Shares	Type	Value	Amount
600000	Equity Shares	INR 10/- each	INR 6.000 Million

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
600000	Equity Shares	INR 10/- each	INR 6.000 Million

FINANCIAL DATA

[all figures are in INR Million]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS	31.03.2016	31.03.2015	31.03.2014
I.              EQUITY AND LIABILITIES
(1)Shareholders' Funds
(a) Share Capital	6.000	6.000	6.000
(b) Reserves & Surplus	225.058	188.640	152.444
(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)	231.058	194.640	158.444
(3) Non-Current Liabilities
(a) long-term borrowings	29.927	36.904	26.559
(b) Deferred tax liabilities (Net)	0.000	0.033	0.000
(c) Other long term liabilities	0.000	0.000	0.000
(d) long-term provisions	0.000	0.000	0.000
Total Non-current Liabilities (3)	29.927	36.937	26.559
(4) Current Liabilities
(a) Short term borrowings	515.330	318.800	166.017
(b) Trade payables	666.854	439.351	401.601
(c) Other current liabilities	90.082	93.820	80.804
(d) Short-term provisions	6.921	3.451	0.811
Total Current Liabilities (4)	1279.187	855.422	649.233
TOTAL	1540.172	1086.999	834.236
II.          ASSETS
(1) Non-current assets
(a) Fixed Assets
(i) Tangible assets	80.498	86.013	45.448
(ii) Intangible Assets	0.000	0.066	0.937
(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	0.044	0.044	0.044
(c) Deferred tax assets (net)	0.413	0.000	0.078
(d) Long-term Loan and Advances	38.347	38.907	55.266
(e) Other Non-current assets	0.000	0.000	0.000
Total Non-Current Assets	119.302	125.030	101.773
(2) Current assets
(a) Current investments	0.000	0.000	0.000
(b) Inventories	937.457	453.978	322.666
(c) Trade receivables	348.114	389.231	346.316
(d) Cash and cash equivalents	21.438	39.460	48.771
(e) Short-term loans and advances	25.827	19.738	13.798
(f) Other current assets	88.034	59.562	0.912
Total Current Assets	1420.870	961.969	732.463
TOTAL	1540.172	1086.999	834.236

PROFIT & LOSS ACCOUNT

	PARTICULARS	31.03.2016	31.03.2015	31.03.2014
	SALES
	Income	12389.849	12624.125	11477.131
	Other Income	0.877	0.272	7.746
	TOTAL	12390.726	12624.397	11484.877
Less	EXPENSES
	Purchases of Stock-in-Trade	11865.719	11861.048	10640.232
	Changes in inventories of finished goods, work-in-progress and Stock-in-Trade	(483.479)	(131.312)	43.269
	Employees benefits expense	459.812	438.142	395.131
	CSR expenditure	1.500	0.500	0.000
	Other expenses	403.215	347.937	306.363
	TOTAL	12246.767	12516.315	11384.995
	PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION	143.959	108.082	99.882
Less	FINANCIAL EXPENSES	77.408	40.714	36.999
	PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION	66.551	67.368	62.883
Less/ Add	DEPRECIATION/ AMORTISATION	11.215	10.635	10.425
	PROFIT/ (LOSS) BEFORE TAX	55.336	56.733	52.458
Less	TAX	19.002	19.062	16.050
	PROFIT/ (LOSS) AFTER TAX	36.334	37.671	36.408
	Earnings / (Loss) Per Share (INR)	60.56	62.79	60.68

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

Particulars	31.03.2016	31.03.2015	31.03.2014
Current Maturities of Long term debt	NA	NA	NA
Net cash flows from (used in) operations	(108.834)	(63.613)	91.787
Net cash flows from (used in) operating activities	(124.455)	(79.924)	74.540

KEY RATIOS

EFFICIENCY RATIOS

PARTICULARS	31.03.2016	31.03.2015	31.03.2014
Average Collection Days (Sundry Debtors / Income * 365 Days)	10.26	11.25	11.01
Account Receivables Turnover (Income / Sundry Debtors)	35.59	32.43	33.14
Average Payment Days (Sundry Creditors / Purchases * 365 Days)	20.51	13.52	13.78
Inventory Turnover (Operating Income / Inventories)	0.15	0.24	0.31
Asset Turnover (Operating Income / Net Fixed Assets)	1.79	1.26	2.15

LEVERAGE RATIOS

PARTICULARS	31.03.2016	31.03.2015	31.03.2014
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets)	0.85	0.82	0.81
Debt Equity Ratio (Total Liability / Networth)	2.36	1.83	1.22
Current Liabilities to Networth (Current Liabilities / Net Worth)	5.54	4.39	4.10
Fixed Assets to Networth (Net Fixed Assets / Networth)	0.35	0.44	0.29
Interest Coverage Ratio (PBIT / Financial Charges)	1.86	2.65	2.70

PROFITABILITY RATIOS

PARTICULARS		31.03.2016	31.03.2015	31.03.2014
Net Profit Margin ((PAT / Sales) * 100)	%	0.29	0.30	0.32
Return on Total Assets ((PAT / Total Assets) * 100)	%	2.36	3.47	4.36
Return on Investment (ROI) ((PAT / Networth) * 100)	%	15.73	19.35	22.98

SOLVENCY RATIOS

PARTICULARS	31.03.2016	31.03.2015	31.03.2014
Current Ratio (Current Assets / Current Liabilities)	1.11	1.12	1.13
Quick Ratio ((Current Assets – Inventories) / Current Liabilities)	0.38	0.59	0.63
G-Score Ratio Financial (Networth / Total Assets)	0.15	0.18	0.19
G-Score Ratio Debt (Debts / Equity Capital)	90.88	59.28	32.10
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities)	1.11	1.12	1.13

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

FINANCIAL ANALYSIS

[all figures are INR Million]

DEBT EQUITY RATIO

Particular	31.03.2014	31.03.2015	31.03.2016
	INR In Million	INR In Million	INR In Million
Share Capital	6.000	6.000	6.000
Reserves & Surplus	152.444	188.640	225.058
Net worth	158.444	194.640	231.058
long-term borrowings	26.559	36.904	29.927
Short term borrowings	166.017	318.800	515.330
Total borrowings	192.576	355.704	545.257
Debt/Equity ratio	1.215	1.827	2.360

YEAR-ON-YEAR GROWTH

Year on Year Growth	31.03.2014	31.03.2015	31.03.2016
	INR In Million	INR In Million	INR In Million
Sales	11477.131	12624.125	12389.849
		9.994	(1.856)

NET PROFIT MARGIN

Net Profit Margin	31.03.2014	31.03.2015	31.03.2016
	INR In Million	INR In Million	INR In Million
Sales	11477.131	12624.125	12389.849
Profit	36.408	37.671	36.334
	0.32%	0.30%	0.29%

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

NOTE: Registered office of the company has been shifted from 21/4, Parihar Building, Near Hotel Shivanand Kharadi, Pune – 411014, Maharashtra, India to the present address w.e.f. 03.08.2016

UNSECURED LOAN

Unsecured Loan	31.03.2016 (INR in Million)	31.03.2015 (INR in Million)
Short-term Borrowings
Loans and advances from others	69.875	69.623
Total	69.875	69.623

INDEX OF CHARGES:

SNo	SRN	Charge Id	Charge Holder Name	Date of Creation	Date of Modification	Date of Satisfaction	Amount	Address
1	C48543094	10558363	ADITYA BIRLA FINANCE LIMITED	30/12/2014	-	-	16000000.0	INDIAN RAYON COMPOUND,VERAVALGJ362266IN
2	B72101363	10416129	ICICI BANK LIMITED	23/03/2013	-	-	33000000.0	LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN
3	A76337575	10193448	STANDARD CHARTERED BANK	18/12/2009	-	-	16000000.0	SHRIRANG HOUSE, J M ROADSHIVAJI NAGARPUNEMH411005IN
4	G06481873	90088980	Citi Bank N.A.	29/04/2005	15/03/2016	-	700000000.0	FIRST INTERNATIONAL FINANCIAL CENTRE, 9TH FLOOR,PLOT NO. C-54 & 55, G-BLOCK, BKC, BANDRA (EAST)MUMBAIMH400051IN

FIXED ASSETS

· Buildings

· Furniture and fixtures

· Vehicles

· Office equipment

· Computer equipments

· Computer software

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 67.83
UK Pound	1	INR 91.68
Euro	1	INR 80.29

INFORMATION DETAILS

Information Gathered by :	AKS
Analysis Done by :	PRS
Report Prepared by :	KJL

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	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.