Letter Head SME

यू�को� बैं�को UCO BANKसम्मा�न आपको� वि�श्वा�स को� Honours your trust

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Ref No ZO/BLR/SME/2011-12/ Date: 06-03-2012

To,The Branch Office,B/o Bangalore City, Bangalore.

We require following information regarding M/S PeeVee Engineering Enterprises for processing further:

1. CMA Data actual for 2010 & 2011 , estimates for 2012, projections for 2013 & 2014, in our format.2. Copy of second valuation report on the property offered as collateral security.3. Balance sheet for 2009.4.Copy of Latest stock statement and stock inspection report.5.Interest Income commission and other income form Account for the period 01/04/2010 to 31/03/2011 and 01/04/2011 to 29/02/2012.6.Whether any Adhoc limit has been sanctioned ,if so please give us the details /date of adjustment.7. As per Cibil reports there are overdues in the names of partners (a) Mrs P.Bhagya –Rs 4915/- (personal loan) (b) Mr Anand – RS 46,490/- Credit card. Whether O/D are cleared, if so letter form respective Bank’s.8. Balance outstanding as on 29/02/2012 for both CC and BG.9. PAN copy of Guarantor Mrs P.Prema for pulling out the CIBIL reports & statement of means.10. Last MCMR submitted for the month with adverse features if any.12.Certificate of Compliance with the terms of sanction of last sanction.13. BG/LCs outstanding as on 31.03.10 (Audited) 31.03.11(Audited)14. State the major irregularities pointed out in Internal Inspection, Statutory Audit Report, RBI Inspection and Concurrent Audit, Credit audit, legal audit, Stock audit report and rectification thereof.15. Copy of Compliance Report for last sanction.16.Details of any group exposure/ Loans sanctioned to partners from our Bank.

Please submit the above mentioned papers as soon as possible.

SENIOR MANAGER.

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UCO Bank, SME Hub, Zonal Office, 1st Floor, 13/22,K G Road, Bangalore– 560 009Phone: 080-43472716, 43472721 43472718/43472738; Fax: 080-22257595; E-mail:[email protected]/[email protected]


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Ref.No:ZO/BLR/SME/2011-12/ 198 Date:06.02.2012

To,Circle OfficeChennai

Sub: Credit Rating Vetting – A/c - M/S M AX EXPORTS (INDIA) Limit Rs 55 lac

As per circular No.CHO/RM/31/2011-12 dated 26.11.2011 and Risk Management Department letter Ref No.HO/RM/4002/2011-12 dt.23.12.2011, we are forwarding the following papers of the subject borrower for vetting of credit Rating :

1. Copy of the Credit Rating Sheet

2.Copies of CIBIL reports of (i) MAX EXPORTS (INDIA) (ii) Amit Eshwar Thakkar – Proprietor (iii) Smt Shantha Iswardas Thakkar - Guarantor

3 ABS for the years 2010 & 2011

4. sanctioned Memorandum copy of M/s MAX EXPORTS (INDIA)

Kindly advise your Credit Rating vetting at the earliest to convey the sanction to the party .

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Senior Manager

SME LOAN HUB

Bangalore

Encl: a/a

Encl: as above

Date: 24-01-2012

NOTE TO ZONAL MANAGER

We have sanctioned FB limit of Rs 100 lacs to M/s Pyrodynamics, Jayanagar Branch. While reviewing you have noted that limit to be covered under CGTMSE and our Jayanagar Branch Chief Manager has contacted Mr S Raviprakash, promoter of M/s Pyrodynamics for covering the limits under CGTSME. Party in their letter dt 19th Jan 2012 stated that(i) the value of the security provided exceeds the loan amount (ii) Pyrodynamics is a SSI and comes under SME, hence not necessary to go in for CGTSME cover (iii) requesting to avoid CGTSME cover, so that extra premium is not paid.

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__________________________________________________________________________________Branch has also stated that the value of the primary security is enough to cover the credit facilities and long association and satisfactory transactions of the party with the branch, requested to relax the clause for coverage under CGTSME.

Based on the above, we recommend for considering the party’s request for relaxation in the clause for coverage under CGTSME.

MANAGER SENIOR MANAGER SME LOAN HUB SME LOAN HUB

ASST GENERAL MANAGER

Ref. No: ZO/BLR/SME/2011-12/203 Date: 11.02.2012

To,Circle OfficeChennai

Sub: Credit Rating Vetting – A/c - M/s M G Charitable Trust-renewal cum Enhancement of CC limit from Rs.500 Lacs to Rs.800 Lacs

As per circular No.CHO/RM/31/2011-12 dated 26.11.2011 and Risk Management Department letter Ref No. HO/RM/4002/2011-12 dt.23.12.2011, we are forwarding copies of the Credit Rating Sheet, CIBIL report of the Trust M/S M G Charitable Trust ,Chairmen-S M Venkatapathy and Trustee-, MRS

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__________________________________________________________________________________Ramadevi Venkatapathi,ABS for the years 2009 & 2010, and Board Memorandum for vetting the credit rating at your end.

Cutomer ID-201159119

Kindly advise your Credit Rating vetting at the earliest .

SME LOAN HUB

Bangalore

Encl: as above

Date: 29-01-2012

NOTE TO ZONAL MANAGER

We have sanctioned FB Limit (CC) of Rs 120 Lacs to M/s B S Engineering, Kormangala Branch. During Sanction we have observed one policy deviation i.e current Ratio was below the bench mark for the year 31.03.2011.

Current ratio is low in that particular period due to increase in Current Liability i.e increase in TL.Instt and sundry creditors. Since the party has to close outstanding Home Loan of Rs.34.81 Lacs which has been shown in Current Liability for the year 2011 and sundry creditor was also high Rs.40.50 Lacs which has been projected to reduce in 2011-12 to Rs.12.88 Lacs. In FY 2011-12 there is no TL instt and sundry creditor has also been reduced so it is projected to 1.20 which is acceptable.Collateral security offered by the party is also adequate i.e.Rs.138.67 Lacs against the CC limit of Rs,120 Lacs.

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__________________________________________________________________________________The proprietor has also promised to increase the capital from Rs.12.29 Lacs to Rs.50.00 Lacs.A Certificate to this effect is to be obtained from CA. All other ratios and terms and conditions are acceptable as per the policy guideline. Besides party is going to close all the loans and promised that they will exclusively deal with us. CIBIL report has also shown no overdues in all the accounts.Taking in to consideration of the above facts,we also recommend for permitting the devation in current ratio subject to the condition that the party has to infuse fund as per the projected BS.We are enclosing the Board Memorandum for your persual.

Placed for kind decision.

MANAGER SENIOR MANAGER SME LOAN HUB SME LOAN HUB

ASST GENERAL MANAGER

Ref. No: ZO/BLR/SME/2011-12/189 Date: 29.01.2012

Circle OfficeUCO BANKChennai

Sub: Seeking In Principle Clearance for Renewal Cum Enhancement of fund based WC limit of Rs.500 Lacs to Rs.800 Lacs-M G Charitable Trust

With reference to your letter No.COC/ZOB/1905/2011-12 dated 25.01.2012 we submit the following clarifications for your kind perusal and necessary action:

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__________________________________________________________________________________1. Statement of Account for M G Charitable Trust from date of opining of the account i.e

25th Feb 2010 to 28.01.2012 are enclosed. As revealed from the statement of accounts it can be observed that the trust is operating the account by limit of Rs.5 Cr with excess drawing at times to meet their emergency requirements with permission from Head Office/ZO(Copies of the permissions given by the authorities enclosed).

2. Comments on the operation of the account submitted by the branch is enclosed. As stated by branch the operation of the A/C is satisfactory and CC limit was sanctioned to meet the establishment expenses of the institution. The Branch has got business of more than Rs.10 Cr with retail accounts and also expecting future business with proposal of opening a branch at their campus. At present ATM of Indiranagar branch is being operated in their campus.

Comments on the operation of the accounts by Zonal Office is being submitted separately.

Assistant General ManagerEncl: As above

CC: ZO, Bangalore with request to send their comments of the account as advised by circle office

Ref.No:ZO/BLR/SME/2011-12/190 Date: 31.01.2012

Zonal OfficeBangalore

With reference to your letter No.ZO/BLR/CAD/2011-12/582 dated 4th January 2012, we are submitting the required clarification for M/s shidla Printers as follows for your kind perusal and necessary action:

Queries Clarification

1. Please confirm if the above account has been re-hased/rescheduled/restructured

M/s Shidla Printer has not been re-phased/rescheduled/restructured in the

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__________________________________________________________________________________in the preceding 2 years from the existing banker.If yes,furnish the details.

preceding 2 years by existing Banker Sree Thyagaraja Co-operative Bank ltd.

We have received letter dt 29-01-2012 from Sri Thyagaraja co-operative bank Ltd regarding this and same is submitting for your reference.

2. Obtain Market Report on the borrower and submit a copy of the same.

Market Report prepared by sales head (SME Loan Hub) for your reference.As revealed from the report the unit is functioning the said area for last 3 years with good reputation and quality work.

3. Since Smt.Rajamma has offered her property as collateral security in the subject loan,please clarify as to whether any other legal heirs are there for the subject property,if any.

Smt Rajamma W/o Late Shidlegowda has submitted in a letter that she is offering her property as security for the proposed loan in the name of Shidla Printers, Proprietor: Mr H.S Ramesh. Her other two daughters have given their consent also. (Copy of Letter dt 11/01/2012 by Smt Rajamma is enclosed)

Asst General ManagerSME LOAN HUBRef.No:ZO/BLR/SME/2011-12/19 Date: 31.01.2012

Kind Attention to Mr. Tulsi (Chief Manager)

Head Office, Mid CorporateKolkata

Sub: cost analysis and sales analysis account Vajram Estates Pvt. Ltd.- In Principle Clearence

As per telephonic discussion we are submitting the required clarification for M/s Vajram Estates Pvt. Ltd. as follows for your kind perusal and necessary action:

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__________________________________________________________________________________A.Cost analysis:The company has proposed to undertake project for construction of Apartments at Sy.No. 63 Chokkanahalli Village, Yelahanka Hobli, Bangalore under joint development agreement with Mr. R. Radhakrishna Rao, who is owning land at measuring 1 Acre and 20 guntas. The land owner and the developer have executed joint development agreement dated 31.3.2011.

The company has proposed to construct 85 Apartments and the total area to be constructed is 1,39,562.97 Sq. Ft. The total cost of the construction of the project is Rs.3020.85 lacs details are as follows:

Cost of the Project (Give item-wise break up

Amount Means of Finance Amount(Rs. in Lacs) (Rs. in Lacs)

Land - Scaping/ Borewell/Swimming Pool 175.00

Promoters Contribution

335.00

Cost of Civil Works 2104.52

Bank FinanceTerm Loan*WC Demand Loan

500.00400.00100.00

Plumbing Works 189.41

Booking Advance/ Creditors

2185.85

Electrical Works 189.41 Cost of Lifts 72.00 Reticulated LPG, 10.00 Building Signage Other Costs- Club House,Gym 25.00 Equipment etc. Preliminary & Pre-operative /Other 20.00 Expenses Bank Interest 157.80 Contingency 77.71 Total 3020.85 Total 3020.85

The average cost of the project per square feet Rs. 1926 excluding the Bank interest and Land cost and including land cost and Bank Interest the average cost of the project per Square Feet is Rs.2165 which is reasonable considering the high quality construction proposed to be constructed.

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__________________________________________________________________________________B. Sales analysis:Details of Sales proposed are given here under:

1. DETAILS OF THECONSTRUCTION :Sl.No. Total Area of the land 1 Acre 20 Guntas

1 Area in Sq. Ft 2 Total area proposed to be 1,39,562.97 Sq. Ft constructed

2. FLATS PROPOSED TO BE CONTRUCTED :

Sl.No.Name of the Building

No of Apartments

Total Saleable Area

Developers Share : 66% Rate/ Sq.Ft

Total Realisation

14 Bed Room Apartments 3 13156.87 8683.53 3350 29089839.57

23 Bed Room Apartments 41 71935.23 47477.25 3350

159048793.53

32 Bed Room Apartments 41 54470.87 35950.77 3350

120435093.57

Sub-Total 85 139562.97 92111.56 308573726.67

4 Car Park 190 112 300000 33600000

5

Amount Payable by Owner for car parking 29 50000 1450000

Sub-Total 35050000

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__________________________________________________________________________________TOTAL REALISATION 343623726.67

The plot to be developed is 1 acre and 20 guntas and there will be large open and free space for the residents and the project will have good demand. It is observed from the total realization value the selling price is presumed at Rs. 3350 which is the prevailing minimum price in the area excluding the space for car parking and amount payable by the owner of the Land for their car parking.

From the project taking in to consideration of the total cost and earnings the Net Profit of the company works out to Rs.415.39 Lacs.At present bookings are already started and advance amount is being deposited with our Kormangala Branch.

Assistant General Manager

Ref.No:ZO/BLR/SME/2011-12/192 Date: 01.02.2012

Chief ManagerJayanagar Branch,Bangalore

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__________________________________________________________________________________With reference to our sanction letter No.Zo/BLR/2010-11/36 dated 30.11.2011 to M/s Pradhan Perfumers, the limit has been sactioned Rs.125 lacs out of which CC limit Rs.95 Lacs and Term Loan Rs.30 Lacs.As per the Terms and Conditions of the sanction letter the repayment schedule mentioned is Term Loan is to be Repayable in 36 Monthly installment with effect from 31st DEC “2011”.

We have mentioned in Board Memorandum on page no.27 “Principal to be paid in 35 equal monthly Installments @ Rs.83000/and Rs.95000 in 36th installment. Repayment will be started from 31st DEC 2011.Interest to be paid as and when charged.”

You are advised to read the repayment schedule as mentioned on page no.27 of the Board memorandum in the terms & conditions for repayment schedule of the sanction letter.

Kindly confirm the compliance.

Assistant General Manager

Ref No:ZO/BLR/SME/2011-12/ Date:07-02-2012

Circle Office,

Chennai.

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__________________________________________________________________________________Sub: FGMNBC clearance for Takeover and Enhancement being the Aggregate ex[posure of Rs 26.00 lacs- Shidla Printer

We request reference to your letter No FGMO/ZOB/1717/2011-12 dated 2nd January 2012 on the subject proposal. We give our clarification as below for your kind perusal and necessary action:

Queries Clarifications

1.Ensure to get the recommendation of the Zonal Office, Bangalore for the extant Proposal

2The Branch has to confirm whether the existing account’s transactions are regular.

This is a new takeover proposal. A/c is maintained with the Sree Thyagaraja Co operative Bank Ltd, N R Colony, Bangalore -19. As per the statement of account , transactions are regular.

3.A copy of the original Sanction Advice along with all the terms and conditions from the existing banker is to be submitted.

Yes, enclosed.

4.Your justifications for taking over the account are not convincing. Kindly justify if the account vis-avis the operations etc are good/satisfactory with the present banker.If so, then kindly submit the reasons why the enhancement of the account is not sought by the borrower from the existing banker?

Party has stated that Sree Thyagaraja Co operative Bank is small in size, Rate of interest is high compared to nationalized banks. Also area of operation of Bank is limited to Bangalore .

5.The Cash credit availed is mentioned as Rs7.20 lacs in page No1 of your NBC-1. However the same is reflected as Rs3.50 lacs in the financial indicators . Please clarify.

As on 31-03-2011 availment of CC limit was 3.50 lacs which was renewed at Rs 7.20 lacs on 13-04-2011 by the existing banker.Hence current CC limit Rs 7.20 lac is shown o page 1 of NBC

6.In the salient Financial Indicators, the PAT for the year 2009-10 and 2010-11 do not tallied with the values arrived at when calculated with the PBIT, Depreciation, Interest and tax figures

Actual of PAT and PBDIT for the year 2009-10 and 2010-11 are as shown in the revised Salient Financials enclosed herewith.

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__________________________________________________________________________________given. Kindly submit the actual.

7.There is a huge increase in Tangible Net Worth from 9.60 lacs to Rs 25.37 lacs, Receivables from 0.65 lacs to 6.75 lacs and other current assets from 2.25 lacs to Rs 16.01 lacs with respect to the relevant financial years 2010-11 and 2011-12. Justifications required.

1. Party is infusing the capital including plough back the profit into the business during 2011-12

2 Increase in Receivables from 0.65 lac to 6.75 lacs is estimated on the basis of business expansion outside Bangalore also

3.Other current assets is mainly due to holding of cash/bank balances at Rs9.94 lacs for timely purchase of raw materials.

8.The factory bulding is taken on lease. Kindly provide details with respect to the period of lease and relevant conditions of the lease agreement.

Lease agreement for Printing work purpose, mutually extendable immediately after of 11 months

9.The estimated operating profit/PBDIT for the financial year 2011-12 (Rs5.58 lacs) has decreased as compared to the financial 2010-11 (Rs10.36) whereas there is a big increase in sales from 41.20 lacs. Kindly justify.

Party is expanding business and hence installing machinery by availing Term loan. Hence operating cost is reduced due to Interest cost, other bank charges, admin.cost

With the above clarifications, we seek your decision in the subject matter.

( B DASH)

Asst. General Manager

CC to: Zonal Office, Bangalore - for information & necessary recommendations.

Ref No ZO/BLR/SME/2011-12/ Date: 10-02-2012Peevee engineering



__________________________________________________________________________________

Malleswaram Branch

Bangalore

Subject: Observations of the Reviewing Authority

M/s Saraswathi Plastics, Malleswaram Branch

We invite your kind attention to Zonal Office letter Ref ZO/BLR/CAD/2011-12/637 dated 10th January2012. As per the letter you were advised to send the compliance report to the observations of the Reviewing Authority vide FGM Office letter No FGMO/CRE-MON/1752/2011-12 dated 6th January,2012. A copy of the FGM office letter is enclosed for your ready reference.

You are advised to send us the compliance report at the earliest for reporting the same to our Zonal office, Bangalore.

Asst General Manager

Encl: a/a

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Ref No: ZO/BLR/SME/2011-12/ Date: 11-02-2012

B/o Jayanagar Branch, Bangalore.

Sub: Adhoc Proposal of M/s Pradhan Perfumers Rs 30.00 lacs

We refer to your letter UCO/JNR/ZO/SME/2011-12/- dated 18th Jan 2012. In the said letter you have recommended for sanction of Adhoc limit of Rs30.00 lacs to M/s Pradhan Perfumers for execution of Export orders.Since the credit rating is “B “ as on ABS 31-03-2011, proposal was referred to Zonal Manager on 02/02/2012. We were advised by the Zonal Manager to put up the proposal after regularization of overdues in Term loans of M/s Devatha Industries, M/s Pradhan Perfumers, Term loan I and Term loan II of M/s Pradhan Herbal company.

We therefore request you to inform us whether all overdues are adjusted in the above mentioned loan accounts. Also give the details of other loan accounts in group accounts/Individual partners names like Educational loan accounts, car loans etc. Confirm the date of adjustments of all overdues so that we can present the Adhoc proposal again after hearing from you.

Please submit the details at the earliest to put up the proposal to the competent authority.

Asst General Maqnager

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