ReportLink.jsp

CREDIT APPROVAL MEMO (CAM)Review CAM/Proposal No. 80861082Annual

CAM Date CAM Revision Date02/01/2014 15/01/2015

Customer Name Krishan Lal Batra And Bros,202455SME Client ID

Constitution of theCustomer

Sole ProprietorsBorrower Pan #

AANPB8608C

Customer Category Normal Address C-1/409/4 Jaroda Gate JagadhriJagadhri,Haryana,IndiaEmerging Enterprises Group (Eeg)Business SegmentContact No 9896123707

Source NameDIRECT DirectSourced By

Credit / ProductProgram

Sbf >10 To 25 L LTS / CRM No.

Credit Labeling Normal Asset Classification Standard

RAM Rating / InternalGrade

5- Ram Rating Id 0

23/02/2010RBI Code & Industry 27201 -Manufacture Of BasicPrecious And Non-Ferrous MetalsLike Copper, Aluminum, Zinc, BrassEtc.(Smelting, Rolling, Re-Rolling,Cold Rolling, Wire Drawing Etc.)

Customer Since In SME System

Manufacturing And Trading In Circle And UtensilsNature of BusinessIndustry Exposure FB Limit % :1.98\FB O/S % :1.94

Line Of Activity Manufacturing Credit Group Bbwc Credit

Credit Covenants :

Facility Summary(Amount in Lacs)Particulars Proposed Amount Existing Amount Increase /Decrease Amt

Facility Details Limit Sub Limits Limit Sub Limits Sub LimitsLimitTenor

1 /Term Loan/TermLoan/Term Loan 420.003.60 3.60 0.00

2 /Cash Credit/CashCredit/Cash Credit 120.0015.00 15.00 0.00

Total Exposure 18.60 18.60 0.00

Remarks For Facility SummaryM/S Krishan Lal Batra And Bros Has Requested For Plain Renewal Of Cash Credit Limit Of Rs.15 Lacs And Continuation Of Existing Term Loan

Remarks :

Recommended , Reviewed , Endorsed and Approved By

Proposed and Recommended By Approved ByReviewed By/Endorsed By

A7703-Atulya Sharma H1953-Himanshoo SharmaA6026-Adesh SethA7703-Atulya Sharma

1

Facility Terms And Conditions

Proposed Amount Sub Limit Interest/Commission (%)

Tenor(inMonths)

TERMS AND CONDITIONSFacility

PurposeRepaymentFrequency

1 /Term Loan/TermLoan/Term Loan 4213.8

Business UseMonthly3.60

2 /Cash Credit/CashCredit/Cash Credit 1213.8

Business UseYearly15.00

SlNo Product/Sceme/Promo Remarks

Remarks

1 Term Loan Continuance Of Term Loan

2 Cash Credit Plain Renewal Of Cc Limit Of Rs.15 Lacs.

Documentation Details:Standard documents as per credit policy for Working Capital Products - BBG/EEG/ABC portfolios to be obtained as per the borrower's constitution andincremental facilities being availedAll documents as per policy and conditions stipulated in earlier CAM has been complied with, barring the following:

Rm To Ensure Nil Defferals

Details Of Deferrals :

Na Plain Renewal

Guarantors Details :

All Documentation As Per Policy And Conditions Stipulated In Earlier Cam Has Been Complied WithAdditional Conditions/Documents :

The Firms Tnw (Capital + Unsecured Loans From Promoters - Loans & Advances For Non Business Purposes) At Rs.38.0 Lacs As On 31.03.13 BeMaintained During The Currency Of Overdraft.

Additional Conditions:Satisfactory Rbi Check, Svr By Rm To Be Placed In Case File. ---- Prior To Upload.Self Declaration For No Pendign Statutory Dues To Be Taken ---- Prior To Upload

Credit Covenants :

Modalities Of Takeovers :Na Existing Customer

Primary Applicant and Promoter Details

Client ID Appilicant Details Applicant Type Pan No AddressRelationship

202455 Krishan Lal Batra And Bros Primary Applicant AANPB8608CC-1/409/4 Jaroda GateJagadhri,Jagadhri,Haryana,India

APPLICANT

921755 Subhash Chander Batra Proprietor AANPB8608C2052 Sri Nagar ColonyJagadhari ,YamunaNagar,Haryana,India

PROPRIETOR

Shareholding Pattern

Shareholder / Director Name Qualification Experience No of Shares Held RemarksShareholding %

MR.SUBASH CHAND BATRA GRADUATE 30 YEARS 100 100 SUBASH CHAND BATRAIS 100% OF SHAREHOLDER

100.00Total

Applicant and Promoter DetailsThe Firm Is Under The Name Of Krishan Lal Batra & Bros At C-1/409/4, Jaroda Gate, Jagadhri.Krishan Lal Batra & Bros Is One Of The Manufacturer And Trader Of Circle And Utensils From The Last 27 Year. The Promoter Mr. SubhashChander Batra Is B.A Having 35 Years Of Experience In The Above Said Line Of Business. In Addition To That There Was Earlier His Brother Mr.Krishan Lal Batra And Mr. Satpal Punani Are Also Working As Partner. However In View Of Family Settlement , Both Mr. Krishan Lal Batra

2

AndMr. Satpal Punani Got Retired From The Business And Mr. Subhash Chander Batra Is Running The Firm As A Proprietorship Concern Since April2009.

Litigations pending / contemplated by other financiers, including banks, against the borrower :

As Per information no such litigation is there, however an undertaking confirming the same is stipulated to be obtained from companyCompany / Directors / Group companies in RBI Defaulters list :nil

Interest of Directors / Senior Officers (only approvers) of bank, if any :As per information no such interest of directors or senior officers is there, However an undertaking confirming the same is stipulated to be obtainedfrom company

Total Facilities Availed With Banks / Institutions(Working Capital)(Amount in Lacs)Banker Facility FB-Limit/DP FB-O/S NFB Limit/DP NFB Utilized

Hdfc Bank Cash Credit 15.00 10.56 0.00 0.00

Total 15.00 10.56 0.00 0.00

Existing Banking Details

The Firm Is Availing Cc Limit Of Rs.15 Lacs From Hdfc Bank Having A/C No.08728970000025. The Overall Churning Is Satisfactory. InterestServicing Dpd Is As Follows:Months DaysJun---------9 DaysJul---------1 DayAug----------16 DaysSep--------3 DaysOct---------9 DaysNov---------3 Days

SecurityNo./Security

TypeSecurity value

(Rs in Lacs) Owner name Valuer Name Margin %

Security Details

SecurityDescription/Address

PropertyType/OccupancyType

1/Stock Stock 15.00 25

2/Bookdebts/debtors

Debtors 15.00 50

3/Properties Residential Property/C-4/2051,JAGADHRI,SRI NAGAR COLONY,NULL,135003,Jagadhri,Haryan

28.73 SUBHASH CHANDERBATRA

10 RESIDENTIALPROPERTY

4/Plant &Machinery

P&M 4.85 25

Total 63.58

Security Details Remarks

110% Collateral Coverage

Security Linking DetailsSl No Customer

NumberProposed Security

NoSecurity No Primary Secondary Existing/

Proposed

3

1 202455-KrishanLal Batra AndBros

202455-1/Stock 2/Cash Credit EXISTING


202455-2/Debtors 2/Cash Credit EXISTING


202455-3/ResidentialProperty

EXISTING1/Term Loan,2/Cash Credit


202455-4/P&M 1/Term Loan EXISTING

4

Security wise RemarksSl No Security Existing/

ProposedRemarks

1 STOCK EXISTING MARGIN IS 25% on Stock < 90 days

2 DEBTORS EXISTING MARGIN IS 50% on Debtors < 90 days

3 RESIDENTIALPROPERTY

EXISTING Collatera security to provide coverage of at least 10%

4 P&M EXISTING 25% margin

Key Personnel /Promoters / Directors

NameDesignation

(Promoter/ Director/ KeyPersonnel)

Qualification Responsibility Experience

MR.SUBHASH CHANDERBATRA

Self Employed GRADUATE PROPRIETOR 30 YEARS

Borrower ProfileHistroy And BackgroundM/S Krishan Lal Batra & Bros Is A Proprietorship Firm Under Namely Mr. Subhash Chander Batra Has Been Running Manufacturing And TradingIn Circle And Utensils Since 1983. The Firm Was Started As Partnership Concern But It Change Into Proprietorship As On 01.04.2009. ReasonFor The Same Was Due To Family Settlement As Confirmed By The Rm .

The Firm Is Availing A Cash Credit Limit Of Rs.15 Lacs From Hdfc Bank.

The Firm Has Achieved The Sale Of Rs.73.14 Lacs For The Fy 12-13.Nature Of Business And Products Dealt InThe Firm Is Under The Name Of Krishan Lal Batra & Bros At C-1/409/4, Jaroda Gate, Jagadhri.Krishan Lal Batra & Bros Is One Of The Manufacturer And Trader Of Circle And Utensils From The Last 27 Year. The Promoter Mr. SubhashChander Batra Is B.A Having 35 Years Of Experience In The Above Said Line Of Business. In Addition To That There Was Earlier His Brother Mr.Krishan Lal Batra And Mr. Satpal Punani Are Also Working As Partner. However In View Of Family Settlement , Both Mr. Krishan Lal Batra AndMr. Satpal Punani Got Retired From The Business And Mr. Subhash Chander Batra Is Running The Firm As A Proprietorship Concern Since April2009.Business AnalysisM/S Krishan Lal Batra & Bros Is A Proprietorship Firm Under Namely Mr. Subhash Chander Batra Has Been Running Manufacturing And TradingIn Circle And Utensils Since 1983. The Firm Was Started As Partnership Concern But It Change Into Proprietorship As On 01.04.2009.

Infrastructure And Operational Aspects (Including Production And Capacity)Na

Marketing Network / Major Competitors / Other DetailsNa

Industry ScenarioNa

Month

Jan

Feb

Mar

Apr

May

Jun

Jul

AugSepOctNov

2012 2013

4.09

3.93

10.73

8.14

8.41

10.03

9.01

8.50

9.17

6.70

7.20

Monthly Sales Details(Amount In Lacs)

5

DecTotal

Average

4.16

4.16

4.16

85.91

7.81

Banking Account Conduct (Amount in Lacs)Monthly Credit / Deposits Total

Bank Name

A/C No

OD FacilityYes/No

A/C Limit

HDFC BANK

08728970000025

Yes

15.00 15.00

6

Months

Jun - 2013

Jul - 2013

Aug - 2013

Sep - 2013

Oct - 2013

Nov - 2013

Total

Credit amount

24.06

10.07

8.50

11.25

3.91

6.00

Credit amount

0

0

0

0

0

0

Credit amount

0

0

0

0

0

0

Credit amount

0

0

0

0

0

0

Salesamount ofthe Month

10.03

9.01

8.50

9.17

6.70

7.20

50.61

MonthlyCredit toSales %

240

112

100

123

58

83

126

Total of all thecredit of banks

24.06

10.07

8.50

11.25

3.91

6.00

63.79

Credit amount

0

0

0

0

0

0

Utilization of limits for OD accounts(Amount In Lacs)Months

Account Limit

HDFC BANK

15.00

Months

Jun - 2013

Jul - 2013

Aug - 2013

Sep - 2013

Oct - 2013

Nov - 2013

CA / WC %

52.67

91.47

97.13

92.20

95.07

96.73

CA / WC % CA / WC % CA / WC % CA / WC %

Banking Account Conduct RemaksSl No Bank Name Remarks

1 THE FIRM IS AVAILING A CC LIMIT OF RS.15 LACS FROM HDFC BANK HAVING A/CNO.08728970000025

HDFC BANK

TOD Details (Amount in Lacs)

TOD Report For 08728970000025 HDFC BANK

Sl.No From Date To Date No.Of Days TOD Amount

Cheque Return Report

Sl No Bank Name A/C No Type Of ChequeReturnCheque Return

Date Cheque Amount Cheque Return Reason

LC Remaks

7

BG Remaks

Banking Account Overall Conduct RemaksSATISFACTORY BANKING CONDUCT

8

Financial Details

31-03-2013 31-03-2012 31-03-2011P&L Sheet (All figures in Rs. lacs)

Total Income

PBDIT

Interest

Depreciation

PBT

Tax

PAT

Cash Profits

Tangible Networth

Short Term Debt

Long Term Debt

Unsecured loans from promoters

Total Debt

Current Liabilities & Provisions

Total LiabilitiesNet Fixed Assets

Investments

Loans & Advances

Sundry Debtors

Inventories

Other Current Assets

Total Current Assets

Total AssetsGross Margin (PBDIT/TI)

Net Margin (PAT / TI)Current Ratio

Interest CoverageDSCR

Debt / Equity Ratio

Leverage (TOL / Tangible Networth)

TOL (excl Unsec loans) / Tangible NW

Current Assets / Sales

Debtor Days

Inventory Days cost of sales

Creditors days as cost of sales

74.30

7.80

3.80

0.90

3.00

0.10

2.90

3.90

30.50

14.80

2.00

16.20

33.10

6.80

70.37 54.73 49.38

70.37 54.73 49.38

5.40

0.00

8.70

21.70

32.10

2.50

65.00

10.50

3.90

3.00

2.03

1.70

1.09

1.31

0.51

89

108

176

34

73.90

6.50

2.40

1.00

3.10

0.10

3.00

4.00

26.20

12.50

2.90

12.60

28.00

0.40

5.50

0.00

10.60

2.80

33.30

2.50

49.20

8.80

4.00

3.79

2.67

1.88

1.07

1.09

0.41

67

14

180

0

73.20

5.90

2.40

0.70

2.80

0.30

2.50

3.20

10.40

14.80

3.60

13.20

31.60

7.40

6.40

2.20

0.60

8.40

30.60

1.20

40.70

8.00

3.40

1.84

2.45

1.54

3.05

3.76

1.09

56

42

166

38

Latest Financial Audited

Financial Remarks :

The Sales Of The Firm Has Increased By 1.15 % Amounting To Rs 73.86 Lacs In F.Y 2011-12 & It Has Decreased To Rs 73.14Lacs Showing Decreased Of -0.97 % In F.Y 2012-13

Gross Margins Of The Firm Are 8 % In F.Y 2010-11 & It Has Increased To 8.8 % In F.Y 2011-12 & It Has Increased To

9

10.5 % In F.Y 2012-13

The Raw Material Costs Are 91.3 % In F.Y 2010-11 & It Has Decreased To 91 % In F.Y 2011-12 & It Has Decreased To 90.6 % InF.Y 2012-13

The Net Margins Of The Firm Are 3.4 % In F.Y 2010-11 & It Has Increased To 4 % In F.Y 2011-12 & It Has Decreased To 3.9 % InF.Y 2012-13

The Cash Margins Of The Firm Are 4.3 % In F.Y 2010-11 & It Has Increased To 5.3 % In F.Y 2011-12 & It Has Decreased To 5.2% In F.Y 2012-13

Inventory Holding Day Was 166 Days In F.Y 2010-11 & It Has Increased To 180 Days In F.Y 2011-12 & It Has Decreased To 176Days In F.Y 2012-13

The Day S Debtors Levels Are 42 Days In F.Y 2010-11 & It Has Decreased To 14 Days In F.Y 2011-12 & It Has Increased To 108Days In F.Y 2012-13

The Current Assets/Sales Is 56 % In F.Y 2010-11 & It Has Increased To 67 % In F.Y 2011-12 & It Has Increased To 89 % In F.Y2012-13

The Liquidity Position Of The Firm Is Satisfactory With The Current Ratio Is 1.84 In F.Y 2010-11 & It Has Increased To 3.79 In F.Y2011-12 & It Has Decreased To 3 In F.Y 2012-13

The Interest Coverage Ratio Was 2.4 In F.Y 2010-11 & It Has Increased To 2.7 In F.Y 2011-12 & It Has Decreased To 2 In F.Y2012-13

The Loans & Advances Are Rs 0.58 In F.Y 2010-11 & It Has Increased To Rs. 10.55 In F.Y 2011-12 & It Has Decreased To Rs.9.28 In F.Y 2012-13

SlNo Month/Year Curr. Stock Debtors Creditors Total Amount

Stock and book debts and Creditiors Satement(Amount In Lacs)

1 Apr-2013 INR 23.55 21.71 0.00 45.26

2 May-2013 INR 0.00 0.00 0.00 0.00

3 Jun-2013 INR 0.00 0.00 0.00 0.00

4 Jul-2013 INR 31.67 18.46 10.82 39.31

5 Aug-2013 INR 0.00 0.00 0.00 0.00

6 Sep-2013 INR 0.00 0.00 0.00 0.00

7 Oct-2013 INR 22.10 19.70 0.48 41.32

JustificationMargin Is 25% On StockMargin Is 50% On Book DebtsMargin Is 25% On CreditorASSESSMENT OF FACILITY PROPOSED:

Turn Over Method(Amount in Lacs)Particulars Calculation Amount

Sales Turnover - 2013 (A) 73.14Sales Turnover Expected - 2014 (B=A+(37% of A)) 100.20Maximum Working Capital Limit - 25% of expected Sales (C=(25% of B)) 25.05Minimum Margin to be brought by Borrower (D=(20% of C)) 5.01Maximum WC Limits Eligibility (E=C-D) 20.04Credit Facility already availed with other banks (F) 0.00Maximum WC Limits Eligible (G) 20.04

Justification :

Plain renewal of cc of Rs.15 lacs

Unhedged Exposure(Rs in Lacs)Unhedged Exposure(Rs in Lacs)

10

I.Exchange Risk of the Borrower

A. Net FX position

Total FX earnings(A)Total FX Outgoing(B)Net FX position(A-B)B. Details of unhedged Position

Total Inflows(C)Total outflows (including FX borrowings which are not hedged)(D)

Net Unhedged Position (D-C)

C.Current MTM Position with us and others

Comments

II.Financial Details

Details FYInternal Rating(HDB 5/6/7 etc)TNW( Rs Mn)Total Unhedged Exposure

30.5

Eligibility Criteria

Sl.No Program TypeBench Mark Value

Text NumericActual

Text Numeric

Sbf >10 To 25 L

16Listed In Rbi Defaulters List

NoNo

17Listed In Any Negative Or Rejected Database OfHdfc Bank NoNo

23Property Proposed Other Than Resi / CommercialProperty For Odap Facility NaNo

26Listed In Cibil Database

NoNo

29Satisfactry Cpv By Bank Officer

YesYes

30Biz. Stability Vintage In Yrs / Minimum Years InSame Business 5.00 31.00

31I/W Chq. Rtn Per Quarter

3.00

34Tod Days Per Quarter

10.00

35Interest Servicing Within No. Of Days Of Month

7.00 16.00

36Min % Of Churn In The Bank Account

75.00 126.00

37Satisfactory Tl Rep. And Prom. Personal Track

YesYes

41Cc/Od+Lc+Bg Limits Upon Prev. Yr Sales

20.00 21.00

11

43Pmb Upon Facility Amount

1.00 2.50

44Positive Tnw And Pat For The Latest Financial

YesYes

53Collateral Coverage

1.33 1.33

55Margin On Residential Prop. For Odap - Ltv

35.00 35.00

56Margin On Commercial Prop. For Odap - Ltv

35.00 35.00

64Enhancement Over Existing Limits

200.00 200.00

84Pmb Upon Facility Amount 2

1.50 1.50

Deviation Type Deviation Description Deviation Level

Deviations

SYSTEM CC/OD+LC+BG LIMITS UPON PREV. YRSALES 1

SYSTEM INTEREST SERVICING WITHIN NO. OFDAYS OF MONTH 1

Deviation / Eligibility Criteria :

Customer Has Achieved Sales Of Rs 75 Lakhs In Last Fy 12-13 And Customer Is Projecting Sales Of Rs 100 Lakhs In Current Fy 13-14 Which BringsCc Exposure To 15% Of Proposed Sales.

Interest Servicing Is Deayed Once By 16 Days For The Month Of Aug, Otherwise Interest Servicing Is Regular. Recommended For Approval BeingPlain Renewal

Based On Above Case Is Recommended For Plain Renewal Of Cc Limit Of Rs. 15 Lacs For One Year And Continuation Of Exisitng Term Loan OnThe Basis Of Proposed Sales And Good Banking Conduct.Risk And Mitigant :

Comments Of Auditors :

WAYS OUT ANALYSIS :

1.Cash Flows Of The Business2.Liquidation Of Primary Security3.Revocation Of PG whenever available4.Legal Recourse5.Collateral Security / Others / Guarantee (when ever available)

EARNINGS (from the Relation to The Bank) :

Recommendations :Considering Satisfactory Conduct Of Account, Good Business Vintage And In View Of Overall Financial Position, Case Is Recommended For PlainRenewal Of Cc Limit Of Rs. 15 Lacs For One Year And Continuation Of Exisitng Term Loan Subject To Terms And Conditions Mentioned In The Cam.

Customer Grading :

Sl.No Criteria: Grade A (4marks)

Grade B (4marks)

Grade C (4marks)

Grade D(4marks) Details Details

A Management 20 20

Years in business1 >=15 years >=10 years >=5 years < 5 years 31 31 4 4

Family in business2 3rd generation 2nd generation 1st generation - 1stgeneration1st generation 1 1

12

Promoter involvement &competence3

Highinvolvement &competence

Multiplebusinesseslesspersonalisedattn

No experienceis a sideactivity

- High High

4 4

Business CriteriaB

Dependence on customers -Max. Share of any customer inapplicant's sales

1Upto 5 5-10 10-20 Above 20 5-10 5-10

2 2

Dependence on govt. policies2Low Medium High - High High

1 1

Impact of technology change3Low Medium High - Medium Medium

2 2

FinancialsC

PMB/Facility Amount1 >2 >=1.5 >=1 = 50 of (TNW+ USL) ofprevious year

>= 25 of (TNW+ USL) ofprevious year

>= 10 of (TNW+ USL) ofprevious year

< 10 of (TNW+ USL) ofprevious year

251 2094 4

Current Ratio3 >=1.5 >=1.33 >=1 =4.0 >=3 >=2 < 2 2.03 2.67 1 1

Net Profit Margin5

For Manufacturing >=7.5 >=2.5 >=1.0 =5.0 >=2.0 >=0.5

Overdrawing / TOD1 Nooverdrawing

OccasionalOverdrawing

UsuallyOverdrawn

- Nooverdrawings

Nooverdrawings 4 4

Repayment Track Record2Prompt 30 days - Prompt Prompt

4 4

Cheque Returns3 No chequebounces

OutwardCheques

InwardCheques

- No chequebounces

No chequebounces 4 4

Churn4 >= 75 >= 60 >=50 = 75 >= 75 4 4

Score Rating68 5-

Grading RemarksScore Ou To Be 68 With Grading 5-

ApprovalReason EXISTING CUSTOMER

Remarks RECOMMENDED FOR APPROVAL

HIMANSHOO SHARMAApproved by

Annexures:

CRI Details

Non Banking FinancialCompany (NBFC)

Priority / Non Priority SectorCredit

Backed by Governmentguarantee

Our Share (%)

Lead/Member Bank

Banking Method

Terms of % age

Project Finance

SEMS Guidelines Applicable

TUFS

Under IFC's Exclusion list

Eligibility Certificate No

Unit

Date of submission to NodalAgencyDate of Sanction from NodalAgencyTotal cost of machineryeligible under tufs

SSI

Project cost(Rs)

Amount of Sanction fromNodal Agency

RBI Defaulter

Litigation Interest of Directors of theBank

Segment

Subsidy Flag

SME Classification Capital Market Exposure

Real Estate Exposure Commodities Exposure

Sensitive Sector

Gross investment in P & M

Name of the Group belongsto

Commodities Details

Group Exposure

PSU

MEDIUM MANUFACTURING NO

NO

NO

No

No Sole

0

0

EMERGING ENTERPRISES GROUP

0

0

0.00 NO

NO NO

MANUFACTURING ENTP- MICRO:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

Original Investment inEquipment

Proposal No Client No

Client Name

:

:

:80861082 202455

KRISHAN LAL BATRAAND BROS

14

Caution advice Check

Proposal No Clients Name Status(Match/No Match)Clients No

****End of CAM****

15