Name of the customer Product

Sr No Location Sanctioned Present o/s

Limits Rs lacs Rs in lacs

Term Loan 1,500.00 1,124.80

TML - Sales
Invoice 2,000.00 1319.91
1 Mumbai ABC Bearing Limited Discounting

Term Loan-Pre
420.00 0.00
approved

Lease Rental
2 Mumbai Bafna Motors Mumbai Private Limited 2,000.00 948.72
Discounting

Equipment
645.00 512.17
Finance
3 Mumbai Borkar Packaging Private Limited Rotational
500.00 500.00
WCDL
WCTL 580.00 422.81

Convention Hotels India Private

4 Mumbai Term Loan 1,425.00 1,425.00
Limited

Term Loan 1,251.00 276.00

5 Mumbai Gayatrishakti Paper & Boards Limited
Term Loan II 1,700.00 1,191.27
6 Mumbai Globex Laboratories (R & D) Limited Term Loan 1,300.00 806.24

7 Mumbai Mission Holding Limited Term Loan 600.00 600.00

8 Mumbai Feedback Infra Pvt Ltd WCDL 500.00 500.00

9 Mumbai Nelco Limited ICD 1,500.00 700.00

10 Mumbai Surabhi Living Heritage Limited Term Loan 1,500.00 1,099.61

11 Mumbai Mahindra Solar One Private Limited Term Loan 700.00 27.00

12 Mumbai NRB BEARINGS LIMITED Term Loan 2,000.00 1,350.00

Term Loan 2,500.00 1,199.31

13 Mumbai IFMR

Term Loan 2,200.00 2,200.00

Term Loan 1,500.00 71.82
TML - Sales
Invoice 1,000.00 346.79
14 Mumbai Star Auto Industries Private Limited Discounting

PO 500 closed
 1,400.00 845.78
15 Mumbai Mayfair Housing Private Limited Term Loan

500.00 500.00

16 Mumbai Kisan Moulding Limited Term Loan 600.00 130.00

17 Mumbai Rex-Tone Industries Limited Equipment Finance 588.00 310.02

TML Sales Invoice Discounting1,000.00 315.83

18 Mumbai KORES INDIA LTD
Short Term Loan 250.00 -
 SURYODAY MICRO FINANCE PRIVATE
19 Mumbai Term Loan 1,500.00 666.66
LIMITED

Term Loan 1,250.00 1,234.62

TML Invoices Not yet
1,500.00
(RSO) disbursed
Commercial Engineers and Body
20 Mumbai only for Invoices
Builders Company Ltd "CEBBCO" 100.00 80.04
of MAN Motors.

Term Loan 70.00 49.20

Term Loan 1,600.00 1,300.52

21 Mumbai Omkar Specialities Chemicals Term Loan 750.00 666.33

Term Loan 2,500.00 2,421.88

22 Mumbai Duville Estates Pvt. Ltd ( DEPL)
Term Loan 3,500.00 1,412.95
Wellness Forever Medicare Private Term Loan 500.00 458.33
23 Mumbai
Limited WCDL 1,000.00 1,000.00

Term Loan 1,500.00 894.73

24 Mumbai Ginza Industries Limited

EF 500.00 476.60

25 Mumbai Zicom Saas Private Limited Term Loan 300.00 198.87

Nehal Dhara
LRD-Term Loan 600.00 100.00

26 Mumbai
 Nehal Dhara

26 Mumbai
Term Loan- Not yet
100.00
General Purpose disbursed

Mahesh Shetty LAS 500.00 499.99

27 Mumbai
LAS 1,000.00 750.00
Vam Partners LRD

28 Mumbai 1,300.00 1,300.00

saisons technocom SID-NEC

29 Mumbai 800 179

Sanjay Maintenance WCDL

30 Mumbai 750 250

Winner Industries TL

31 Mumbai 500 488

Bajaj Carpet TL
32 Mumbai 500 500

Kapstone TL
33 Mumbai 2000 2000

Intrepid Finance and Leasing TL

34 Mumbai 500 437

I G International WCDL
35 Mumbai 1500 415

Hinduja Group TL
36 Mumbai 4000 4000

Borkar Suraksha Packaging Pvt Ltd TL

37 Mumbai 2000 1600

Bharat Gears TL
38 Mumbai 1500 1500

Theoborma TL
39 Mumbai 500 1.5
 Uni deritend TL
3000 1850
40 Mumbai

TML-SID 500.00 yet not disbursed

Aditya Vidyut SID-Tata Power
41 Mumbai 500 4.6

Bafna Helathcare Pvt Ltd WCDL

42 Mumbai 1500 1500

Creative Stylo EF
43 Mumbai 375 100

Siesta Hopitality TL

44 Mumbai 1500 319

Wasan Brothers TL

45 Mumbai 750 750

SMS Services Private Limited WCDL

25 Mumbai 750.00 250.00
Present OD as on OD Ageing Tracking Parameters Tracking Parameters
date 31-03-2016 Account
conduct
during the
period
under
review

0.00 Nissan contract of Rs topline growth of

300 cr to be discused company to be
with customer. monitored as company
0.00 is done with all the
Nil Satisfactory
capex.

0.00

Escrow activation to be Detail of present

done 31-10-2015 lessee and respective
bank detail to check
0.00 Nil Satisfactory lease rental amount

0.00
Audited report for
Account conduct to be
Nil Satisfactory Fy15-16 to be check in
0.00 monitored
Nov 2016
0.00
Escrow to be opened Check new Mgm Tie
by 30-06-2015 up with any reputed
brand by 30-6-2015.

61-75 Days (P)

Not
121-135 days
86.00 (intt) Satisfactory
(intt)

Working capital tie up Minutes of consortium

0.00 Nil Satisfactory should be done with all meting to be checked
the member banks by by the end of 31-12-
 0.00 Nil Satisfactory meeting scheduled on 09-10-2015

same as feed back

0.00 Nil Satisfactory
infra
Equity Infusion Status MCA charge to be
to be checked by the monitored
31-12-2015

0.00 Nil Satisfactory

External rating
0.00 Nil Satisfactory periodicaly

Update on account

Not
600.00 181+ Days
Satisfactory
 Escrow to be
monitored on every 7th
of month for credit
amount vis a vis our
obloigation
0.00 Nil Satisfactory

Share holding to be Dividend payment of

monitored quarterly Rs 1.40/share in Oct
0 Nil Satisfactory and status of pledge 2015

Externatl ratings tobe Second loss exposure to be checked

monitored

0 Nil Satisfactory

0 0 0 0
0.00 Business with TML to
be checked
Periodically
0.00
Nil Satisfactory

0
 Project visit to be done Mayfair greens and
on quarterly basis. Mayfa arcade progress
Next would be done on to be monitored on
31-12-2015 quarterly basis. Next
review of project
0 Nil Satisfactory should be in Dec 2015.

Satisfactory

quarterly reslts to be Consortium minutes of

monitored. meting update to be
4.07 (P)
0-30 Days (P) Satisfactory checked by 31-10-
2015.

Account conduct to be monitored

0.00 Nil Satisfactory

0 Account conduct to be monitored

Nil Satisfactory
0
 ICRA had assigned External ratings to be
Provisional [ICRA]A- monitored properly
(SO) to proposed issue
of PTC Series A1 by
Sulphur Trust March
2015 (Trust/
SPV).Portfolio detail is
submitted on regular
0 Nil Satisfactory interval and are as per
our sanction condition

0 External ratings to be monitored

Account
properly
conduct to be monitored

Nil Satisfactory
0

0
Daily share price to Financials to be
Not monitored checked by end of 30-
0 Nil
Satisfactory 06-2016

0 Project progress to be monitored

Nil Satisfactory
0
0 Update on No of stores Equity infusion of Rs
Nil Satisfactory to checked at first 100 crs to be infused
0
week of july,2015 as per media reports.
SEIO store performance Budget to be anaysted
and number of outlets from Textile Industry
to be cheked on perspective -
0 Nil Satisfactory quartrly basis Monitoring Date 28-2-
2016.

SEIO store performance Budget to be anaysted

and number of outlets from Textile Industry
to be cheked on perspective -
quartrly basis Monitoring Date 28-2-
2016.

0 0 Satisfactory Account conduct to be monitored

0 0 Construction stage to be monitored on quarterly basis
Satisfactory
0 0
Satisfactory

0 0 Satisfactory Account conduct to be Stock to be monitored

Account conduct to be Stock to be monitored
0 0 Construction to be Account conduct to be
monitored and status monitored
Satisfactory should be updated by
31-12-2015

0 0 Payment from NEC to

Satisfactory be monitored

0 0 Satisfactory Escrow account

receivables to be
monitored

0 0 Satisfactory ROC charge to be Trading and MFG

checked on quarterly comosition to be
basis checked in Audited
financial by 30-11-016

0 0 Satisfactory Succession plan of Baja Audited report for Fy

carpet and Hitakri 2015-16 by 30-11-2016

0 0 Satisfactory Project onstruction and Financial closure to

sale status to be be monitored
moniotred

0 0 Satisfactory External ratings to be

monitored properly

0 0 Satisfactory Audited report for Fy Forex hedging to be

2015-16 by 30-11-2016 monitored

0 0 Satisfactory

0 0 Satisfactory Fy of Surakhsa packers CC limit utilization for

pvt Ltd and Suraksha Surkasha companies
Packers by 30-06-2016

0 0 Satisfactory Audited report for Fy Financials to be

2015-16 by 30-11-2016 checked by end of 30-
06-2016

0 0 Satisfactory no of stores and store escrow acount cash

wise sales by 30-06- flow routing
2016
 0 0 Satisfactory Production status of Audited report of Uni
Dharwad unit deritend by 30-06-
2016

t not disbursed
0 0 Satisfactory

0 0 Satisfactory Quantum of Sales to Delivery status to CATs

CATs till 30-06-2015

0 0 Satisfactory Sale to Loreal by 30- External credit rating

06-2016 By Aug 2016
0 0 Satisfactory Hyderabad Hotel
escrow acount Update by 30-06-2016
receivables to be
monitored & should be
min 2.47 times of our
loan obligation.
Quarterly review due
on 30-06-2016

0 0 Sale of ford unit by 30- SMA to be chek on 30-

06-2016 06-2016
Satisfactory

0 0 Escrow account to be moReliance Jio contract

Satisfactory to be checked by the
end of Oct 2015
Tracking Parameters Tracking Remarks against Specific Tracking Parameters
Parameter
s

Revenue from New Case is login for renewal. However financial performance
slewing and Customer has improved. Meeting with customer is scheduled on 09-
Industrial bearings added in 10-2015
has started or not? Fy14-15

- - Credit rating has improved from D to B- by ICRA in April

2015. Account conduct is satisfactory. Escrow account
statement is checked credit is not coming into account.

Stock statement to
be check in 30-06-
2016 on quaterly
basis
is satisfactory
Case is been appraised and sanctioned in month of Aug
2015 for fresh exposure in group company for
acquisition.. All the parameters are checked and found
satisfactory.All units in the Mumbai Project at Goregaon
have been sold out and 70% of the units in the Goa
project have been sold out which indicates good demand
for these
Total projects of the case is Rs 14.25 cr and case was
Outstanding
restructured in Dec 2014.After that nothing fruitful
happen. State Bank of India has classified NPA and are in
talks with ARC via Edwelwiss . As a NBFC we are not
covered under the ARC hence we are working with option
with SBI to close our O/s completely after selling the
property.
Till date Prinicail over due is Rs 10 lacs and interest over
due is Rs 86 lacs.

Annual review is done in March 2016.

COD was on 30-06-2015 and current plant is running at
200 ton/day capacity and its capacity is 250 ton/day. It
Annual review is done in March 2016. Though company
was not able to acheive the topline as envisaged however
they are making sufficient cash flow to pay its debt
obligation
customer concoll has done on 11th Aug 2015. Detail is
captured in overall observation. As per the discussion
with General Manager (account) Mr Suresh Agarwal.
Company has started manufacturing from Aug 2014 and
supplying 100% finished goods to rextone. Currently
company’s sale per month is Rs 265 lacs per month and
for achieving the breakeven company requires sales of s
200 lacs per month. Total capacity of company is 40
ton/month which can go upto 80 ton/month by doing
some minor capex. Currently company is operating at
8~10 ton/month hence they are not looking for capex in
near future until they achieve the almost 100% capacity
utilization. As per the customer they have projected the
topline of Fy 2015 of Rs ~6000 lacs but they achieved only
1405 lacs due to the more focus on quality and value
added products

New loan of Rs 6 cr s done in March 2016

We have done the fesh funding of Mission holding.Latest

rting of Feedback has gone down by 1 nothc.
case is reviewed on 24-09-2015 and found satiasfactory.
We ve samctioned Rs 5 cr WCDL for 12 months
considering the company's growth and NCD being
converted into term loan.

Case is been renewed in Feb 2016

Case is classified under the NPA . We have not taken any

legal except the notice sent to customer in month of Aug
2015.The underlying assets are in cassettes form and for
making them marketable extra cost of Rs 1~2 crores has
to be incurred. Then it would get convert into digital
form and become marketable.We have done valuation on
30-6-2015 and current valuation is Rs 61 cr
 case is reviewed on 05-06-2015. Topline is same but
EBITDA% is improved. Customer has not provided the
projections but has said the topline would be almost
same in next year too. Amount credited in escrow
account between 01-06-2015 to 31-08-2015 is Rs 20
lacs/per month where as our obligation is Rs 22 lacs/per
month. However customer account repayment is
satisfactory as they are regularly paying from internal
sources.

External Rating updation CRISIL AA-/Stable (Reaffirmed) as on July 28, 2015.

there is nil share pledge as on 30-06-2015 (BSE).
Dividend is not applicable as we have not funded the
promoter any loan

exposure to be checked April 2016..ICRA had assigned Provisional [ICRA]BBB+(SO)

rating and Provisional [ICRA]B-(SO) rating to proposed
respective PTC A1 and PTC A2 issuance by IFMR Capital
Mosec Terra 2015 backed by micro loan receivables
originated by Annapurna Microfinance Private Limited
(AMPL) and Fusion Microfinance Private Limited
(Fusion)†. Since the executed transaction documents are
in line with the rating conditions and the legal opinion
and due diligence audit certificate have been provided to
ICRA, the said ratings have now been confirmed as final
June 2015 ICRA has assigned A+ rating.
As in March 2015, the company had an on-book exposure
(loans and investments) of about Rs. 1,015 crore, of
which about 20%~23% were exposures to subordinated
instruments. It sould be within hat range all the time.
Breaching the range would be riskier

Case has been renwed with reduction in limit of Rs

1000.00 lacs from rs 2000.00 due to the reduction in
topline.Account conduct is satisfactory
Recently we have again funded the Rs 5 cr term loan to
customer and behaviour of account conduct was
satisfactory till date
Case is assessed in July 2015 for fresh proposal of Rs
2000.00 lacs.Propoierty visits are done and cash flow is
found satisfactry

Repayment of our loan is satisfactory

Recently done the review. Company has not achieved the

target topline however cash flow is comfortable to repay
the debt obligation
As per the discussion with General Manager (account) Mr
Suresh Agarwal. Company is performing as per the
expectation and in FY 2015-16 top line expected is Rs 150
cr. For Q1 they have already done Rs 35 cr. They have
applied Rs 10 cr loan from Siemens for R& D and ceramic
segment but only Rs 4 cr disbursement has happen till
date. HP, Acre and Glory are top customers. They are
supplying only 5%~10% to Globex.
Out of 4 covenants 3 are complied and only 1 is not
complied due to the increased in working capital loan
limit by Rs ~5.oo cr and considering the overall exposure
at group level and satisfactory repayment track record
with us and growth in top line of the company case is
been recommended for approval with low risk and
standard classifications.

Customer is having TML-BMS and account conduct is

satisfactor
 ICRA has assigned a Social Performance Assessment (SPA)
Grade of SP2 (pronounced S P Two) to Suryoday Micro
Finance Limited (Suryoday). An SP2 grade indicates that
an MFI’s infrastructure and processes are consistent with
a high likelihood of operating in the best interests of its
customers, that this is among its highest priorities and
that the risk of causing adverse effect to its customers
and other stakeholders is low. Macrh 2016
ICRA had assigned Provisional [ICRA]A-(SO) to proposed
issue of PTC Series A1 by Sulphur Trust March 2015
(Trust/ SPV. Recently RBI has given the small bank
licence

Case is over due in bucket of 90 days of Rs 2 cr

approximately. JLM is on 20-04-2016
ICRA has suspended [ICRA]D/D ratings assigned to the Rs.
169.0 crore bank facilities of Commercial Engineers &
Body Builders Company Limited. The suspension follows
ICRA’s inability to carry out a rating surveillance in the
absence of the requisite information from the company in
June 2015. Account conduct is satisfactory

Recently done the review

Fresh proposal of Rs 3500.00 lacs is processed and

sanctioned. Till date Rs 54 lacs booking amount has been
Review done in March 2016
oncall was done in July 29, 2015 with Mr Rupesh
Nambiar.Number of stores was 59.Total 10 new stores are
Recently done the EF loan

Disbursed in month of June only. Meeting is scheduled in f

on quarterly basis
 Stock performance is monitored on reguaar basis. Account c

Vam partners has leased out its land to Roots coprporation

ROC charge on quaterly basis

TGL group financials

Audited financial for

Fy15-16 till 30-11-
2016

Account conduct to
be monitoted

Real estate-Hotle
business update to
be check by 30-06-
2016

Disbursed in month of Aug only

Sr. No. Name of the customer Product Sanctioned

1 ARWADE ENGINEERING AND TECHNOLOGY LIMITED Term Loan 3.00

TML BD 16.00
2 AUTOLINE INDUSTRIES LIMITED

Pre approved LOAN 5.00

Term Loan 20.00

3 Automotive Stampings Pvt ltd
WCDL 40.00

Term Loan 50.00

4 B G Shirke Construction Technolgies Pvt Ltd
Term Loan 15.00

Term loan
5 Badve Enginering (Disbursed only 25.00
Rs.20 Crs

TML BD 15.00
6 CHAPHEKAR ENGINEERING PVT LTD
Term Loan 6.00
PO Funding 3.00
7 Donna Kids n Ladies Term Loan 3.00

Term Loan 27.00

8 ELECTRONICA FINANCE LIMITED

9 Ethix Vandan Term Loan 30.00

10 Gangotree Greenbuild Term Loan 10.00

11 Goldy finepacks EQP - Loan 0.47

12 Goyal Developers Term Loan 5.00

13 Inmet Technology Solutions Pvt Ltd Term Loan 28.00

14 Kiara Lifespaces Term Loan 20.00

15 Metalfab Hitech Pvt Ltd Term Loan 15.00

16 P A Naralkar Term Loan 15.00

17 Sudarshan Bansal LAP 10.00

18 Swarali Constructions Pvt Ltd Term Loan 15.00

19 Tab Capital Term Loan 8.00

20 UNION BATTERIES PVT LTD Term Loan 3.00

Term Loan 15.00

21 Finolex J Power Systems Pvt Ltd.,

21 Finolex J Power Systems Pvt Ltd.,
Term Loan 25.00

23 Dreams Raka Associates Term loan 5.00

24 Venkateshwara Hatcheries Pvt Ltd Term Loan 60.00

Term Loan 5.00

25 Ashish Securities

Term Loan 5.00

Term Loan 10.00

26 Ador Powertron Pvt Ltd
WCDL 3.50
27 Kothari Agritech Private Limited WCDL 3.00
28 Autocomp Corporation Panse Pvt. Ltd. Term Loan 5.00

29 Suroj Buildcon Private Limited Term Loan 15.00

30 Zamil Steel Building India Pvt. Ltd. CF 5.00

31 Samir Castings Private Ltd TML SID & WCDL 1 crs each

32 Precision Automation & Robotics India Pvt. Ltd. Term Loan 40.00
 O/s as of
30.06.19 Rs. in Present OD OD Ageing Account
as on date Conduct
Crs

1.59 Satisfactory

4.34 Satisfactory

4.09 Satisfactory

4.34 Satisfactory

6.00 Satisfactory

Satisfactory
23.31
Satisfactory

Satisfactory
25.00

Satisfactory

5.14 Satisfactory

5.45 Satisfactory
3 Satisfactory
0.83 0.04 64 Satisfactory

21.35 Satisfactory

7.50 0 Medium Risk

8.84 0.00 Satisfactory

0.12 Satisfactory

2.33 0.00 Satisfactory

26.32 Satisfactory

10.24 Satisfactory
10.80 Satisfactory

8.25 Satisfactory

4.17

6.75 Satisfactory

3.67 Satisfactory

2.20 NPA NPA

0.00 Satisfactory
25.00

1.6 0.36 Satisfactory

50.92 Satisfactory

0.69 Satisfactory

4.21 Satisfactory

9.2
Satisfactory
3.5
2.81 Satisfactory
4.79 Satisfactory

8.75 Satisfactory

0.00

Satisfactory

Satisfactory
Remarks

Good repayment track record. Recent new loan given against TML Contract for R & D Centre.

Reference with other Bankers performance

We have Factory Land building of Pant nagar at Rs 30 crs approx. Fiat Cash Flow of Rs 15-20 crs p.a.
comes directly to us.
Quarterly performance to be tracked

Escrow of Cash Flow to be tracked.

Security Cover to be tracked on yearly basis during ARN

At the end of 3rd, 6th, 9th and 12th month of the said facility.
The Borrower has to give 15 days’ notice for exercising the call option
The lender will have to issue 15 days’ notice for exercising Put option

Market and Banker reference to be checked

TML Discounting and PO Funding Limit. Tata Motors turn over to be tracked every quarter.

Term loan repayment to be checked. Recently given against Factory land & Building
Reference check with TML
Repayment to be tracked
Details as of 31st Mar 2019 - AUM of Rs. 1264 Crs
CRAR 19.99%
GNPA 1.86% Net NPA
1.57%
Asset maturity in next 6 months : Rs. 98.46 Crs
Loan maturity in next 6 months: Rs. 33.06 Crs
Undrwan banking line : Rs. 125 Crs
% CP and MF in liability: Nil

CF exposure of Rs 5 crs given for Honda Dealership is in overdues. The dealership has been
surrendered. Valuation of property is Rs 60 crs approx. Loan unavailed of Rs 10 crs is cancelled.
Capitalisation has been increased to 50% from earlier 35%.
Project progress is on track. Cash flow is being routed through our account for sold units. Present
security cover is of 2.77x times. Balance tenure 41 months. Till 31st May 19 total cash flow received
of Rs. 5.36 Crs out of which Rs. 2.32 Crs us routed through TCFSL. Out of 37 flats, 22 have been sold
of redevelopment
Construction Status: 10 slabs are completed for building’s half side and excavation work is
completed for other half. Expected completion of the project by Dec 20.

Good repayment track record.

Cash flow of the project and repayment. Regular Cash flow is routing through us and repayment is
regular. Rs 2.17 crs received in escrow account in FY 2018-19. During Current Financial total cash
flow of Rs. 17.11 lacs collected in our account. Presently client is having unsold inventory of 65 flats
valuing to Rs. 15.17 Crs. Undrawn Loan is around Rs 1 crs. Capitalisation is 25%.

•Kalyani Group company. FY 2019 provisional pending. The company has completed construction of
factory building and installed 3 machineries ( Molding, De-binding and Sintering ). Till date, the
company has already incurred capex of ~ Rs 32 to Rs 35 Crs. The company is planning to acquire
more machineries in order to fulfill order requirement.
• Given plant has started for sample production in Dec 17. Later on, it has moved into commercial
production.
• The company has received clearance from Govt for defense orders in April 18. The company has
order book of 8.8 crs mainly from Ashok Leyland and Defense. The company is in advance stage of
discussion with various parties for order worth Rs 36 Crs
• Currently ~30 employees are working in the plant ( 6 contractual )
Financial Performance
• The company has just started its operations, as per FY18 provisional numbers (For 10 months), the
company has reported nil revenue with loss of 2.67 Crs.
• Till date, the company has incurred Capex of Rs 32 Crores and cenvat credit receivable of Rs 3 Crs.
• Given project is mainly funded by TCFSL of Rs 26 Crs and ICD from group companies of 9.68 Crs.

The project was taken over from Ansal Housing at Lucknow wherein Mr Rahul Kirloskar wife is
director along with her daughter. We have PG of Mr Rahul Kirloskar having NW of Rs 100 crs.
Repayment is Regular. In Fy 2018-19, Rs 2.08 crs routed through our account. In current year, we
have received cash flow of Rs. 2.24 Crs. in current year. Capitalisation has been done at 20%. 39 flats
booking done out of total 288 units. Total disbursed loan is Rs 18 crs out of which present POS is Rs
10.24 crs.
Detailed FY 2019 provisional to be made available. CARE has assigned CARE B+/stable rating to
Metalfab Hightech Pvt Ltd. The company has achieved turnover of Rs 97.64 crs in FY 2019 against
FY 2018 turnover of Rs 100.22 crs. The PAT for FY 2019 is Rs 0.78 crs against FY 2018 PAT of Rs 1.16
crs.
Earlier CRISIL has assigned CRISIL BB rating in Mar 18 which was downgraded to non co –operative
category. The company has informed that they have good orders in hand for current year.

During last review, we have discussed about company’s stretched working capital cycle and drop in
revenue and breach of covenant at the time of review. Even promoter CIBIL score also remain low
( Promod and Sahil Jain ) with delay in housing loan EMI of 30 days.
We met promoters recently wherein we declined enhancement proposal, The value of collateral
securityviz land nad Building is approx Rs 40 crs apart from charge on Plant and Machinery at
nagpur. Promtoer is looking for re-finance or new limtis to tide over liquidity crisis.

Loan given against property in Pune residential property - 4 flats of Rs 25 crs. Good repayment track
record.
Repayment is regular. We have done disbursement against self occupied residential property at
Magarpatta. Recently, thye have availed loan from HDFC for their expansion in Textile Park near
Amrawati. FY 2019 provisional awaited. Loan given for 3 years in March 2018.
Partap Industries updates :
1. Financials (FY 18) --- Revenue : Rs. 244 Crs (PY : Rs. 268 Crs), EBITDA : Rs. 27.2 Crs (PY : 29.8 Crs),
PAT : Rs. 9.8 Crs (PY: 5.7 Crs), Total Assets : Rs. 206 Crs (PY: 197 Crs).
2. Rating Downgrade : ICRA has revised its long-term rating to [ICRA]BBB+ (pronounced ICRA triple
B plus) from [ICRA]A- (pronounced ICRA A minus) and short-term rating to ICRA]A2 (pronounced
ICRA A two) from [ICRA]A2+ (pronounced ICRA A two plus) for Rs. 195.00-crore bank facilities of
Partap Industries Limited (PIL). The outlook on the long-term rating has been revised to Negative
from Stable
2. ECB Raised: Partap Industries Limited raised ECB worth US$ 2 Million in August 2018.

Suma Group. General Purpose corporate Loan. Security available is Rs 22 crs. Nature of property is
Land & Building at Apte Road, Shivajinagar. Loan given by taking Sumasoft as co-borrower, software
company. Sumasoft turnover was Rs 43 crs and PAT of Rs 5.8 crs in Fy 2018.

Regular repaymnet track record. Tab capital taken over by Punawala Group. CARE rating BBB-

NPA

NIL prepaid
Disbursed in March, 2019. FY 2019 Nos. to be analysed post receipt from customer. Repayment will
start from Jul 2019. We have taken pari passu charge shared with SBI and Exim Bank . It is to be
noted that Exim term loan will be closed in Oct-19 and SBI TL will be closed in Dec-2019. Presently,
SBI has WC of Rs. 45 crore, TCFSL TL- Rs. 25 crore and SBI & EXIM TL o/s at Rs. 6 crores which will be
repaid in Dec’19 and Oct’19 respectively.
Considering, present status, total facility is of Rs. 76 crore and available security is of Rs. 178 crores,
which is more than stipulated security cover of 2x.

• We have sensitise the client on pending security creation and its non-compliance which will attract
penalty.

Exit account. Cash flow routed regularly through us.

FY 2019 provisional financial Nos to be obtained. External Rating A - CARE remains unchanged.
Group co Venky India has achieved total turn over of Rs. 3043 Crs in FY19 against Rs. 2715 Crs in
FY18. Security perfection done.

Good repayment track record. Business done under Brand name Early salary.

Security perfection done. Recently disbrused in March 2019 quarter. Awaiting FY 2019 provisional
Nos. External Rating CRISIL BBB stable date Nov, 2018

Recently disbursed. Security created.

Unsecured exposure. Recently disbursed under Preapproved program.

Recently disbursed. Cash Flow of Mane Industries started, received Rs 1.75 crs in July, 2019.

Recently disbursed. IF for Tata Steel. Client has not availed, documentation done.

Recently disbursed. Rs 1 crs disbursed as GST Bridge loan based on TML cash flow comfort.

Status of PE exit
Tracking Parameters

Quarterly performance to be tracked

Repayment to be tracked

TML Cash Flow to be tracked on regular basis.

Half yearly Banking information to be obtained

Regular reference check from Tata Motors

Recievable Audit has been conducted and observed that Rs.5.59

Crs has been routed through Bank of Maharashtra Account. As
on date the client has routed funds worth of Rs. 3.80 Crs with us.

The Company has already advanced a sum of Rs.8.78

crores towards TDR which we are expecting to get TDR in a
month’s time and sanction of C Building in 2 months.

Total Residential Unsold area of 49395 Sq ft. (19

flats) worth of Rs.59.27 Crs.

As on date sold receivables of Rs.18.54

Crs. During
the Current Financial year total funds of Rs. 3.80 Crs has been
collected in our escrow account. (PY 2018-19 : Rs. 23.63 Crs)
Details as of 31st Mar 2019 -
AUM of Rs. 164 Crs
CRAR 25.7%
GNPA 2.50%
Net NPA: 0%
Asset maturity in next 6 months : Rs. 78.54 Crs
Loan maturity in next 6 months: Rs. 8.02 Crs
Undrwan banking line : -
30+ DPD: 13.92%
% CP and MF in liability: Nil

Security perfection is pending

Sr NoLocation Name of the customer Product Sanctioned Limit Present o/s in
in Lacs Lacs

1 Gujarat AMUL INDUSTRIES P LTD Term Loan 1,464.00 299.00

2 Gujarat AMUL AUTO COMPONENTS PVT Sales Invoice 200.00 77.00

LTD Discounting

3 Gujarat AMUL INDUSTRIES P LTD Sales Invoice 700.00 208.00

Discounting

4 Gujarat CAPTAIN PIPES PVT LTD Equipment 454.00 280.68

Finance

5 Gujarat CAPTAIN POLYPLAST LIMITED Equipment 56.19 0.06

Finance
6 Gujarat CHANDRESH CABLES LIMITED Term Loan 200.00 138.27
7 Gujarat Kheria Autocomp Limited Equipment 119.50 68.79
Finance
8 Gujarat KNM PHARMA PVT. LTD. Term Loan 172.00 52.05

9 Gujarat MAS Financial Services Limited Term Loan 3,200.00 3,187.00

10 Gujarat PERFECT BORING PVT. LTD. Equipment 195.00 106.30

Finance/BC

11 Gujarat POSCO-POGGENAMP ELECTRICAL Term Loan 3,200.00 452.00

STEEL PRIVATE LIMITED.

12 Gujarat ROYALE MANOR HOTELS AND Term Loan 150.00 23.75

INDUSTRIES LIMIT ED

13 Gujarat SAI INFOSYSTEM (INDIA) LIMITED LRD 1,275.00 794.00

14 Gujarat VADILAL ENTERPRISES LTD. Term Loan 700.00 290.00

15 Gujarat VARIA ENGINEERING WORKS PVT Term Loan 625.00 154.00
LTD

16 Gujarat Equipment Rentals Equipment 172.00 27.20

Finance

17 Gujarat Shreejal Concast Steel Industries Project Loan 468.00 207.79

18 Gujarat Paragon Synthetics & Polymers Term Loan 542.00 220.00

Ltd

19 Gujarat Ami Lifesciences Pvt Ltd Equipment 253.20 124.00

Finance

20 Gujarat Rajputana Stainless Ltd Equipment 250.00 40.28

Finance

21 Gujarat Baroda Agro Chemicals Ltd Equipment 195.65 84.13

Finance
22 Gujarat Ravi Plant Biotechnologies Ltd Equipment 658.00 236.13
Finance

23 Gujarat Gujarat Containers Ltd Equipment 124.36 0.00

Finance
24 Gujarat Accord Industries Ltd Buyers credit 115.00 37.00
- EF

25 Gujarat Mrugal Offset Printers Equipment 164.00 32.26

Finance

26 Gujarat Elcop Controls Equipment 55.87 33.10

Finance
27 Gujarat Gautam Paper Udhyog Equipment 70.94 16.11
Finance
28 Gujarat Phoenix Flexibles Pvt Ltd Sight LC - BC 497.00

29 Gujarat Line O Matic Graphics Industries Equipment 250.00 201.54

Finance
30 Gujarat Balson Polyplast Pvt Ltd Equipment 405.00 230.49
Finance

31 Gujarat BAKERI URBAN DEVELOPMENT Term Loan 4,000.00 3,129.00

PVT LTD

32 Gujarat CANPAC TRENDS PRIVATE Equipment 250.00 169.33

LIMITED Finance

33 Gujarat SAFAL FLEXI BOND PRIVATE Equipment 420.00 332.96

LIMITED Finance

34 Gujarat ARFIN INDIA LIMITED Sales Invoice 1,000.00 161.79

Discounting

35 Gujarat Freshtrop Fruits Ltd Equipment 100.00 32.29

Finances

36 Gujarat Pace Packaging Limited Equipment 500.00 187.21

Finance
37 Gujarat Equipment 250.00 44.35
Finance - BC
Canpac Multiply Pvt Ltd
38 Gujarat Equipment 87.00 77.22
Finance
Metro World Tiles Pvt Ltd
39 Gujarat GTPL Hathway P Ltd Equipment 500.00 376.74
Finance
40 Gujarat Vishakha Polyfab P Ltd Equipment 1,500.00 555.07
Finance
41 Gujarat Veeda Clinical Research P Ltd Equipment 500.00 437.05
Finance
42 Gujarat Aarvee Denims & Exports Ltd Equipment 1,500.00 1261.67
Finance
42 Gujarat Guru Rejendra Steel P Ltd Sales Invoice 500.00 364.22
Discounting
Present OD as OD Ageing Account conduct Additiona Tracking Parameter
on date during the period l Tracking
under review Reqd

0.00 - Regular No -

0.00 - Good No -

0.00 - Good No -

0.00 - Good No -

0.00 - Good No -

0.00 - Excellent No -
0.00 - Regular No -

0.00 - Good No -

0.00 - Excellent Yes 1. Quaterly Sample Audit for Portfolio Assigned -

Within 15 days from quarter ending. 2. RBI Audit

16.00 BC Caution Yes 1. Financial Result of FY15-16

2. Capex of new plant

0.04 Caution Yes 1. Office Visit in first quarter of 16-17

2. Interim Financial Performance
3. Valuation Report

11.26 above 60 Caution Yes Repayment of OCPs to IDBI and TFSI.

NPA No Legal Update

0.00 Good No -
108.00 Above 90 Caution No CDR Status

0.00 Regular No

0.00 Caution Yes Account closure

0.00 Excellent No Non Compliant Letter Issuance

0.00 Good Yes Inventory Levels, Financial performance latest

0.00 Regular Yes Working Capital Limits and Interim Performance

0.00 Excellent No -

0.00 Good No -

0.00 Excellent No -

37.00 BC Caution Yes BC account conduct, Company financial

performance

0.00 Regular Yes Annual Review

0.00 Excellent No -
0.73 Excellent No -

0.00 Good No -

0.00 Good No -

0.00 Excellent No -

0.00 Excellent Yes Escrow Account Performance on Quarterly basis,

Project Completion Report.

0.00 Excellent No -

0.00 Excellent No

0.00 Excellent Yes Production Line at 2nd manufacturing unit

0.00 Excellent No -

0.00 Good No -
0.00 New No -

0.00 New No -

0.00 New Yes Rating to be watched. Rating not to be

downgraded.
0.00 New Yes Insurance Claim status by 15th Nov and usage of
insurance claim fund
0.00 New No

0.00 New Yes NOC from consortium banker

0.00 New No
Latest Update against Specific Tracking Parameters

Old customer. Comfort from existing TML BMS Limits. Renewal on annual
basis.

TML BMS Limits.

TML BMS Limits.

Good Account Conduct.

Good Account Conduct.

Good Account Conduct.

We collect quarterly report on portfolio assigned and is being tracked as PDD.

RBI audit expected in first quarter of FY16-17

YTD figure to be obtained till 30th April. Try for Provisional figures also. Visit at
new plant where customer has recently done capex [by 30th april].

Rs. 18lacs is forex loss out of 76lacs BC exposure.

Interim Annual Review tracked with due month of Jun16. Valuation Report
confirmation for one valuation agency received.

Customer has been paying one installment every month. No info about OCP

no further update. However there is a news that Mr. Sunil Kakkad has got bail
and case is in court now.
Good Account Conduct.
Customer is not ready to share CDR minutes. Legal has been initiated.

Good repayment. Contract with CSAM closed. TCFSL has good amount of
collateral in addition to primary security

Marked for exit. 3 months DSRA expected till March16 however there is no
DSRA has come till date.

We have received docs for ARN and raised some queries. Visit at customer
place shall be done before 25th oct once Ramesh joins Baroda location.

Good Account Conduct. However need to track inventory levels and financial
performance of FY15-16 as per market info

There is no change in banking limits. Topline has remained same. Details of

banking facility to be obtained prior to June16

Good Account Conduct.

Good Account Conduct.

Good Account Conduct.

Overdue recovery. Repossesion of equipments in case no recovery till 15th

May

Resolved the issue of BC in last 6 months and now BC converted into TL

Good Account Conduct.

Good Account Conduct.

Good Account Conduct.

Good Account Conduct.

Good Account Conduct.

We have recovered Rs. 1.9crs till July15 thru Escrow mechanism. We have also
sanctioned 10crs additional term loan in Aug15. Tracking is required for 1.
Cashflow routed thru Escrow - to be reviewed on quarter closure i.e. 30th Sept
and 31st Dec 2. Status of 5.4 FSI by Dec15 3. Project status report on quarterly
basis starting from Sept15 ending

Site visit by 31st May16

Good Account Conduct.

Good Account Conduct.

Good Account Conduct.

New Case, disbursed in Sep, 2015

New Case, disbursed in June, 2015

No insurance settlement till date. Sales team is planning for account closure.

NOC from banker. Closure of limit failed to do so.