SME LOAN FACTORY, LUCKNOW

NOTE TO THE GENERAL MANAGER

LARGE CORPORATE BANKING DEPARTMENT
OBSERVATIONS / REMARKS
NECC Recommendation
minutes
orders
ABC
cibil
inspection irr

Name of the Account : Aco Inf!atech L"m"te#
B!anch / Re$"on / %one : Hazratganj Branch / Lucknow / E!
&'( I))ue fo! Con)"#e!at"on:
a' "o consider re#iew$cum$enhancement o% credit %acilities as %ollows %or a period o% $&'$
months on terms and conditions mentioned in Anne(ure ) / Appraisal Note*
+Rs, in crores-
L"m"t E*")t"n$ P!oo)e# Inc'+,-
Dec' +.-
Out)tan#"n$
(&'(/'0(&1
O2e!
#ue)
Cash Credit ./,// 0/,// 1'/,// 23,/4 /,//
Bill )iscounting under !rime Bank LC 5 2//,// 2//,// /,// &2.,// /,//
3un#.4a)e# 51('(( 56('(( ,0('(( &/5'(/ ('((
Bank 6uarantee +!er%ormance /
7inancial-
&&/,// './,// 1&2/,// 2',/4 /,//
8ub$limit* Letter o% Credit +9nland /
9mport- +Raw :aterial / Capital 6oods-
+/,//- ;+</,//-
Non fun#.4a)e# &&('(( 01('(( ,&5('(( 50'(/ ('((
Tota7 18('(( 6(('(( ,&8('(( 0(8'&1 ('((
5 "he Compan= has been sanctioned >Bill )iscounting under !rime Bank LC? %acilit= o% Rs,
2//,// crores b= our Bank@ outside the Consortium@ on /2,&','/&2 +8anction No,*
:CB/LCB/&/</3<./A$'/-, Ather %acilities #iz, Cash Credit and Bank 6uarantee are under
Consortium Banking arrangement,
Note* "he Compan=?s proposal %or increased limits with the Consortium is under process with
the Lead Bank and the sanction is e(pected shortl=, "he instant proposal is based on the
recommendation note submitted b= the Lead Bank Branch to their higher authorities on
'4,/0,'/&. and in%ormation submitted b= the Compan=,
4' Conce))"on): "o allow the %ollowing concessions*
i, An %acilities inside Consortium*
Pa!amete! A7"ca47e E*")t"n$ Recommen#e#
49 :)
Conce))"on
"n2o72e#
Rate o% 9nterest
%or Cash Credit
limit
Base Rate 1 2,//B
i,e, &2,'<B p,a,
+%loating-
Base Rate 1
&,</B i,e,
&&,4<B p,a,
+%loating-
Base Rate 1
&,</B i,e,
&&,4<B p,a,
+%loating- in line
&,</B
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

1/64
SME LOAN FACTORY, LUCKNOW
with Lead Bank
Commission on
B6
!er%ormance B6*
/,'/B p,m,
7inancial B6* /,'<B
p,m,
+1 8er#ice "a(-
&B p,a, on !B6 C
7B6 +1 ser#ice
"a(-, Commission
to be reco#ered
on Duarterl= basis
on up%ront basis
&B p,a, on !B6 C
7B6 +1 ser#ice
"a(- in line with
Lead Bank,
Commission to be
reco#ered on
Duarterl= basis on
up%ront basis
&,./B p,a, on
!B6
'B p,a, on 7B6
Commission
on LC
:entioned ahead on
page no, '2
Not Applicable
+!resentl= the
Compan= does not
ha#e LC sub$limit
with our Bank-
/,4<B p,a, Inland Sight LCs
& upto 30 days
usance* /,/<B
9nland LCs
be=ond 2/ da=s
usance* &,0<B
p,a,
9mport 8ight LC*
/,3<B p,a,
9mport LC be=ond
2/ da=s usance*
/,4<B p,a,
!rocessing
charges
As per guidelines &//B wai#er &//B wai#er &//B
ii, An Bill )iscounting %acilit= sanctioned outside Consortium*
Pa!amete! A7"ca47e E*")t"n$ Recommen#e#
49 :)
Conce))"on
"n2o72e#
Rate o% 9nterest Base Rate 1 /,'<B
i,e, &/,</B
Base Rate i,e,
&/,'<B
Base Rate i,e,
&/,'<B
/,'<B
!rocessing
charges
As per guidelines &//B wai#er &//B wai#er &//B
c' De2"at"on:
&, "o continue to wai#e the reDuirement o% 8tock 9nsurance,
', "o continue to allow the Compan= to issue Bank 6uarantee on behal% o% Eoint Fentures %ormed b=
the Compan=,
2, "o accept Cash :argin G <,//B p,a, against e(isting commission G 4,</B on Bank 6uarantees,
., "o wai#e the reDuirement o% submission o% H98 / H:R 8tatement,
<, "o accept Current Ratio o% &,'2 times as per audited %inancials o% 2&,/2,'/&2 i,e, below benchmark
ratio as per Bank 6uidelines o% &,22 times, Current Ratio is &,'2 as CA Certi%ied pro#isional balance
sheet dated 2&,/2,'/&. and it is &,2. as per estimated balance sheet o% 2&,/2,'/&<,
0, "o accept "AL/"NI ratio o% <,&' as per audited %inancials o% 2&,/2,'/&2 i,e, abo#e benchmark ratio
as per Bank 6uidelines o% .,</ times, "AL/"NI Ratio is 2,0. times as per CA Certi%ied pro#isional
balance sheet as on 2&,/2,'/&.,
#' Mo#"f"cat"on: "o wai#e the condition o% obtaining pari passu charge o#er the cut back amount G
&B on running bills and in place@ to accept additional propert= ha#ing realizable #alue +as on date o%
acceptance- o% more than &&/B o% the cut back deposits o% Rs, &<,4& crores presentl= a#ailable with
the Lead Bank,
8ince this is a recent de#elopment with the Lead Bank@ it was not proposed at the time o% seeking
A9!,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

2/64
SME LOAN FACTORY, LUCKNOW
e' Conf"!mat"on: "o con%irm the action o% the Assistant 6eneral :anager@ Hazratganj Branch@ %or
ha#ing allowed the %acilities o% the Compan= be=ond due date o% re#iew i,e, &2,/0,'/&. till the present
date o% re#iew,
&'0
a
Refe!ence of e*")t"n$ )anct"on )ate* &.,/0,'/&2
8anction no,* CACB/:C/&/</&<2/AA$<
Authorit=* CACB
)ue )ate o% Re#iew* &2,/0,'/&.
"he Compan= has been sanctioned >Bill
)iscounting under !rime Bank LC? %acilit= o% Rs,
2//,// crores %rom our Bank@ outside the
Consortium@ on /2,&','/&2 +8anction No,*
:CB/LCB/&/</3<./A$'/-,
b, A$!eement "n !"nc"7e
$!ante# on
&.,/0,'/&. #ide letter no, BCC*LCB*A9!*&03.
0'( Ba)"c Data:
Asset Classi%ication 8tandard
Bank?s Credit Rating
Rat"n$ 0(&1
Rat"n$ fo! "nc!ea)e# fac"7"t"e) 4a)e#
on ABS 0(&5
0(&5
ABS 0(&5
0(&0
ABS 0(&0
Combined Rating BAB$. BAB$. BAB$2
Cash Credit 7R$./CR$. 7R$4/CR$< 7R$4/CR$.
Bank 6uarantee 7R$0/CR$< 7R$4/CR$< 7R$4/CR$.
Bill )iscounting 7R$&/CR$& 7R$&/CR$&
"here is #ariation in rating %rom rating in A9! note on account o% change o% #aluation o% securities,
Rating has been submitted %or %inalization to our Risk :anagement )ept,@ BCC,
E(ternal
Credit
Rating
Rated B= CARE
)ate o% rating / Falidit= '',/&,'/&. / '',/&,'/&<
Rating as per AB8 '/&2 JBBB$K Long term / JA2K 8hort term
Risk Ieightage &//B
Constitution !ublic Limited Compan=
)ate o% Establishment :/s, Apco Constructions !#t, Limited established on
'2,/&,&33' C was con#erted into a !ublic Ltd, Compan=@
:/s, Apco 9n%ratech Ltd,@ on /.,/2,'/&/,
)ealing with the Bank since '//4
Location Registered A%%ice B$3@ Fibhuti Lhand@ 6omtinagar@ Lucknow$''0/&/
Corporate A%%ice '
nd
7loor@ ni#ersal "rade "ower@ 8ohna $ 6urgaon Road@
8ector .M $ .3@ 6urgaon $ &''&/&@ Har=ana
!roject 8ite !rojects at #arious sites such as ttar !radesh@ Rajasthan@
"amil Nadu@ :aharashtra@ etc,
6roup No speci%ic group,
Le= !ersons :r, Anil Lumar 8ingh@ :anaging )irector
9ndustr= Roads@ rban )e#elopment@ etc, +Construction Contractor-
Nature o% Acti#it= Ci#il contractor %or road@ highwa=s and industrial E!C
Iorks
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

3/64
SME LOAN FACTORY, LUCKNOW
Collaboration / Eoint Fenture@ i% an= "he Compan= +Apco- also has a </*</ joint #enture
with :/s, Ariental 8tructure Engineering !#t, Ltd, %or
construction o% approaches@ guide bunds C
protection works o% major bridges o#er ri#er
6haghara near Chahlarighat #illage on 8itapur$
Bahraich Road !roject +ttar !radesh-, "he EF has
sublet the work &//B to Apco, !ro%it sharing ratio is
34,</B +Apco- and ',</B +Ariental-,
"he Compan= +Apco- has another </*</ joint
#enture with :/s, !atel Engineering Ltd, +!EL- %or
construction o% canal o#er Rapti Ri#er in "ulsipur
+ttar !radesh-, "he EF has sublet the work &//B to
Apco, !ro%it sharing ratio is 34,//B +Apco- and
2,//B +!EL-,
Banking
arrangement
Iorking Capital Consortium o% 0 Banks +Lead Bank* Ariental Bank o%
Commerce-, Aur proposed share* 2/B
"he Compan= has also been sanctioned >Bill
)iscounting under !rime Bank LC? %acilit= o% Rs,
2//,// crores %rom our Bank@ outside the
Consortium@ on /2,&','/&2,
As in%ormed b= the Compan= o%%icial@ the Compan=
had also earlier a#ailed >Bill )iscounting under !rime
Bank LC? %acilit= o% Rs, <//,// crores %rom 8tate
Bank o% 9ndia@ outside the Consortium@ and that
there is almost nil outstanding against the same as
on date,
9n the instant case@ the Lead Bank has also proposed
to sanction the same %acilit= o% Rs, '//,// crores to
the Compan=@ outside the Consortium@ #ide their
recommendation note to their HA dated '4,/0,'/&.,
"erm Loan :ultiple Banking with H)7C Bank@ 8RE9 7inance@
Bajaj 7inance Ltd,@ "ata Capital@ Ariental Bank o%
Commerce and !NB,
Aur Bank?s share
in
Iorking Capital
Facility Existing Proposed
Cash Credit '0,04B 2/,//B
Bank 6uarantee '',//B 2/,//B

A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

4/64
SME LOAN FACTORY, LUCKNOW
7i(ed 8ecurit= Co#erage* +Rs, in crores-
No' Pa!t"cu7a!) ; Amount
A' P!"ma!9
& 7irst charge on Current Assets o% the Compan= %or all its project on pari passu
basis with all lenders +#alue as per audited balance sheet dated 2&,/2,'/&2 is
Rs, </&,<3 crores and #alue as per pro#isional %inancials as on 2&,/2,'/&. is
Rs, <2','4 crores-
$$
' Cash :argin on Bank 6uarantee G <,//B o% Rs, M//,// crores 55 ./,//
Su4.tota7 +A- 1('((
B' Co77ate!a7
& EDuitable :ortgage o% landed propert= at Lhasra No, 22@ 6ata No, <'/ La
admeasuring M&00M sD, %t, at Fill, Bildauwa@ Iard$4 !argana :ohanlalganj@
Lucknow standing in the name o% :rs, 8uman 8ingh
',.&
' EDuitable :ortgage o% Commercial propert= situated at B$3@ Fibhuti Lhand@
6omti Nagar@ Lucknow standing in the name o% :/s, Apco 9n%ratech Ltd,@
admeasuring &<'/,23 sD, %t,
&,<.
2 EDuitable :ortgage o% residential propert= at </&&4@ Fina= Lhnad@ 6omti Nagar@
Lucknow in the name o% :rs, 8uman 8ingh@ admeasuring 2M4. sD, %t,
',<&
. EDuitable :ortgage o% propert= situated at Arzi Bhoomi no, 2''@ Fillage :anjha
Eamthara@ Ha#eli A#adh@ 7aizabad standing in the name o% :r, Findh=achal
Nada# C :r, Finod Lumar 8ingh admeasuring &M&&/ sD, %t,
/,4'
< EDuitable :ortgage o% propert= situated at B$&/&./)$&@ Lanpur Road 8cheme@
Lucknow@ standing in the name o% :r, R, A, Nada#@ admeasuring .'/3 sD, %t,
&,&2
0 EDuitable :ortgage o% landed propert= at !lot No, '<0@ :auja Lhojanput
Lausalpuri@ !argana$ Haweli Awadh@ 7aizabad@ admeasuring &3'/ 8D, %t,@
standing in the name o% :r, )e# Bu( 8ingh
/,42
4 Lien on 7)R o% Rs, /,<M0< lacs taken in lieu o% the propert= at 8hekhapur@
Aliganj
/,<3
M Lien on 7)R worth Rs, /,2/ lacs on pari passu basis with other consortium
members
/,2/
3 Additional propert= ha#ing realizable #alue +as on date o% acceptance- o% more
than &&/B o% the cut back deposits o% accrued #alue o% Rs, &<,4& crores
presentl= a#ailable with the Lead Bank,
Note* "his propert= has not been identi%ied b= the Compan= / Lead Bank as
=et, Hence the accrued #alue o% cut back deposits a#ailable with the Lead Bank
is being considered on conser#ati#e basis@ %or the purpose o% computation o%
securit= co#erage
&<,4&
Su4.tota7 +B- 08'61
"A"AL 8ECR9"N +A1B- 68'61
!roposed E(posure &///,//
7i(ed 8ecurit= Co#erage /,/4 times
5 Faluation has been considered as per #aluation report dated &3,/0,'/&. o% Lead Bank?s
empanelled #aluer@ :r, Rajendra :ohan 8a(ena,
55 "he Compan=?s reDuest to reduce the Cash :argin on B6 limit %rom e(isting 4,</B to <B
has been recommended b= the Lead Bank Branch to its higher authorities@ on '4,/0,'/&.,
Accordingl=@ we ha#e proposed %or reduction in Cash :argin on B6 limit to <B,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

5/64
SME LOAN FACTORY, LUCKNOW
"he Compan= representati#e has in%ormed that the legal / NEC report o% the properties was
last done at the time o% original sanction in '//4 and that the Lead Bank has not insisted
upon the same since then, Ie ha#e reDuested the Lead Bank to arrange %or the same and to
place the NEC report in the ensuing Consortium :eeting,
Name of Gua!anto!):
+Rs, in crores-
No' Name PAN Net <o!th a) accete# "n Lea#
Ban=>) !ecommen#at"on note
& Anil Lumar 8ingh AF6!8./<.H &2,'.
' Finod Lumar 8ingh A6A!8''/'6 4,<&
2 Rajesh !ratap 8ingh A6A!8''&&H /,0'
. 8uman 8ingh A6A!8''/2H 0,/M
< Findh=achal Nada# AA7!N2&03) /,M2
0 Ram Awadh Nada# ABA!N/432L /,2'
4 )e# Bu( 8ingh A6A!8''&'E /,'&
Tota7 0?'?&
0'(&- Ban="n$ A!!an$ement fo! <o!="n$ Ca"ta7: Consortium Banking Arrangement
+Lead Bank* Ariental Bank o% Commerce-
"he e(isting and proposed arrangement o% Iorking Capital %acilities o% the Compan= is as
%ollows*
+Amount Rs, in crores-
Name of Ban= 3B Amount N3B Amount Tota7 Statu)
E*")t' P!o' E*")t' P!o' E*")t' P!o'
Amount @Sha!eAmount @Sha!e
ABC +Lead
Bank-
./,// 4<,// '&/,// ''<,// '</,// 2M,.0 2//,// 2/,// nder
process ;
Ban= of Ba!o#a 1('(( 6('(( &&('(( 01('(( &8('(( 05'(? 5(('(( 5('((
!NB '/,// 2<,// M/,// &./,// &//,// &<,2M &4<,// &4,</ !roposal
under
process
8B9 .<,// 2/,// 0<,// &'/,// &&/,// &0,3' &</,// M,//
9)B9 Bank Ltd, <,// <,// 2<,// 4/,// ./,// 0,&< 4<,// 4,</
Central Bank
+New Bank- 5
/,// 2/,// /,// &'/,// /,// /,// &</,//
"o be
decided nion Bank
+New Bank- 5
/,// 2/,// /,// &'/,// /,// /,// &</,//
TOTAL &8('(( 068'(( 8(('(( &(58'(( 68('(( &(('(( &5(('(( &(('((
5 "he Compan= has in%ormed that tie$up o% %unds to the e(tent o% Rs, &2//,// crores against the
reDuirement o% Rs, &///,// crores +7B* Rs, '//,// croresO N7B* Rs, M//,// crores- ma= be done and
that it would decide the share allocation upon receipt o% sanction note o% all Banks, Howe#er@ it would
not alter our Bank?s share as con%irmed b= the Compan=,
; "he Compan=?s proposal on abo#e lines has been recommended b= the Lead Bank Branch
to their higher authorities %or sanction on '4,/0,'/&.,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

6/64
SME LOAN FACTORY, LUCKNOW
Apart %rom the abo#e@ the Compan= is also a#ailing >Bill )iscounting under !rime Bank LC?
%acilit= o% Rs, 2//,// crores %rom our Bank +outstanding o% Rs, &<M,// crores as on
&4,/0,'/&.-@ outside the Consortium,
As in%ormed b= the Compan= o%%icial@ the Compan= had also earlier a#ailed >Bill )iscounting
under !rime Bank LC? %acilit= o% Rs, <//,// crores %rom 8tate Bank o% 9ndia@ outside the
Consortium@ and that there is almost nil outstanding against the same as on date,
9n the instant case@ the Lead Bank has also proposed to sanction the same %acilit= o% Rs,
'//,// crores to the Compan=@ outside the Consortium@ #ide their recommendation note to
their HA dated '4,/0,'/&.,
0'(0- Ban="n$ A!!an$ement fo! Te!m Loan):
+Rs, in crores-
Name of
Ban=/3I
3ac"7"t9
)anct"one#
O/S a) on
5&'(8'0(&1
O2e!#ueA
"f an9
A))et
C7a))"f"cat"on
B"th the
Ban=/3I
Pu!o)eA Secu!"t9 C
Rea9ment
H)7C
Bank
"L$ %or
acDuisition o%
construction
eDuipments
2&,&< N9L 8tandard E(clusi#e Charge on
EDuipment
7inanced/E:9 paid
through !)Cs
"ata
Capital
"L$ %or
cars/L:F/LCF
/,/2 N9L 8tandard E(clusi#e Charge on
EDuipment
7inanced/E:9 paid
through !)Cs
8RE9
7inance
"L$ %or
acDuisition o%
construction
eDuipments
&.,3' N9L 8tandard E(clusi#e Charge on
EDuipment
7inanced/E:9 paid
through !)Cs
Bajaj
7inance
Ltd,
"L$ %or
acDuisition o%
construction
eDuipments
/,&4 N9L 8tandard E(clusi#e Charge on
EDuipment
7inanced/E:9 paid
through !)Cs
ABC "L$ Car 7inance &,/3 N9L 8tandard E(clusi#e Charge on car
7inanced
!NB "L P Car 7inance /,0 N9L 8tandard E(clusi#e Charge on car
7inanced
Tota7 1/'D6
0'(5- An9 !e)che#u7ement a$!ee# +"n 7a)t E5. 9ea!)-: No,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

7/64
SME LOAN FACTORY, LUCKNOW
0'(1- Name / E*e!"ence of D"!ecto!):
No' Name of
D"!ecto!)
DIN De)"$nat"on E*e!"ence
& Anil Lumar
8ingh
//<2.2'0 :anaging
)irector
:r, Anil Lumar 8ingh@ aged .M =ears@ is
a B, Com, b= Duali%ication He is engaged
in construction works since &3MM, He is
the :anaging )irector and ke= person o%
the subject Compan= and has a #ast
e(perience o% more than '< =ears in this
line o% acti#it=, He closel= super#ises
Business )e#elopment@ Corporate
A%%airs@ 7inance C !rocurement %unction
o% the Compan=,
' Finod Lumar
8ingh
//<20&'' :anaging
)irector
:r, Finod Lumar 8ingh@ aged .. =ears is
a B,A, b= Duali%ication, He is the brother
o% :r, Anil Lumar 8ingh, He is also the
:anaging )irector o% the subject
Compan=, He is responsible %or
e(ecution o% all projects/site operations
o% the compan= apart %rom maintenance
o% !lant C :achiner= o% the compan=,
2 Rajesh !ratap
8ingh
//<24M0< )irector :r, Rajesh !ratap 8ingh@ aged <2 =ears@
is a BA b= Duali%ication, He is in#ol#ed in
this line o% business since more than '<
=ears, He has been deputed on +on site-
strategic projects o% the compan=, nder
his o#erall site super#ision compan= has
success%ull= completed NH$2&+ Lhagria$
!urania project- well ahead o% schedule,
0'(8- Name of Gua!anto!):
+Rs, in crores-
No' Name PAN Net <o!th a) accete# "n Lea#
Ban=>) !ecommen#at"on note
& Anil Lumar 8ingh AF6!8./<.H &2,'.
' Finod Lumar 8ingh A6A!8''/'6 4,<&
2 Rajesh !ratap 8ingh A6A!8''&&H /,0'
. 8uman 8ingh A6A!8''/2H 0,/M
< Findh=achal Nada# AA7!N2&03) /,M2
0 Ram Awadh Nada# ABA!N/432L /,2'
4 )e# Bu( 8ingh A6A!8''&'E /,'&
Tota7 0?'?&
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

8/64
SME LOAN FACTORY, LUCKNOW
0'(6- Sha!eho7#"n$ Patte!n of the Coman9 a) on 5&'(5'0(&1:
As on 2&,/2,'/&.@ the paid up capital o% the Compan= is 2',0< crores, "he share holding
pattern is as %ollows*
No' Name of Sha!eho7#e! Sha!e ho7#"n$
Amount +R)' c!o!e)- Pe!centa$e
& Anil Lumar 8ingh M,&/ '.,M&B
' 8uman 8ingh 2,<4 &/,32B
2 Finod Lumar 8ingh ',M. M,4/B
. Radha 8ingh ',.. 4,.4B
< Fina= Lumar 8ingh /,43 ',.'B
0 Fimal Lumar 8ingh &,4' <,'4B
4 R! 8ingh /,&/ /,2&B
M )B 8ingh /,&M /,<<B
3 RA Nada# /,&M /,<<B
&/ Amit 8ingh &,'M 2,3'B
&& Arpit 8ingh &,/< 2,''B
&' Akansha 8ingh /,</ &,<2B
&2 Aankita 8ingh /,2< &,/4B
&. Lamla )e#i 8ingh &,4/ <,'&B
&< 8weta 8ingh /,.M &,.4B
&0 Raj 8ingh /,/3 /,'MB
&4 8andh=a 8ingh /,/3 /,'MB
&M Ashish 8ingh /,/3 /,'MB
&3 Big Brokers House 8tock Ltd &,'< 2,M2B
'/ Cit=on 8=stems 9ndia Ltd, <,M< &4,3'B
Tota7 50'68 &(('((@
5'( Bac=$!oun# of the Coman9:
"he Compan= is a Ci#il Contractor engaged in the %ield o% construction o% highwa=s@
industrial buildings and e(ecution o% power projects, "he Compan= has e(posure o%
undertaking projects in di%%erent parts o% the countr= such as ttar !radesh@ Har=ana@
:aharashtra@ "amil Nadu@ Rajasthan@ Eharkhand@ etc, 9t is also negotiating a project at
Eammu C Lashmir, "he Compan= works in go#ernment and pri#ate sectors both, 8ome o% its
clients are as %ollows*
No' Coman9 Name No' Coman9 Name
&, 9LC78 "ransportation Networks
Ltd,
&&, Container Corporation o% 9ndia Ltd,
', ,!, Raj=a Fidh=ut tpadan
Nigam Ltd, +!RFNL-
&', :econ Ltd,
2, Reliance Energ= Limited, &2, Hindustan Construction Compan=,
., !unj Llo=d Ltd, &., 9ndian Ail Corporation Ltd,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

9/64
SME LOAN FACTORY, LUCKNOW
<, Engineers 9ndia/6ail+9ndia-
Limited
&<, Hindustan !etroleum Corporation Ltd,
0, Ariental 8tructural Engineers
Ltd,
&0, Bharat !etroleum Corporation Ltd,
4, ,!,!,I,), &4, 9ndian Ailtanking Ltd,
M, Bajaj Hindusthan 8ugar and
9ndustries Ltd,
&M, ABB Ltd,
3, !ower 6rid Corporation o% 9ndia
Ltd,
&3, 8iemens Ltd
&/, Rural Engineering 8er#ices@ ,!,
Earlier the Compan= was a pri#ate limited compan= established in &33', 9t was incorporated
as a public limit compan= in '/&/,
9n the 7N'/&2$&.@ the Compan= has e(ecuted orders worth Rs, 4M.,/M crores, As on
/&,/.,'/&.@ the Compan= has con%irmed orders worth Rs, &3<2,/M crores in hand and
another order worth Rs, 3&3,M3 crores is under negotiation,
1'(' Con#uct of account/Othe! Info!mat"on:
.,& )ealing and conduct o% the
account
8atis%actor= as reported b= the Branch
.,' Compliance o% earlier terms and
conditions including creation o%
charge,
Nes as reported b= the Branch
.,2 )ocumentation* Ihether #eri%ied
b= Legal )ept, C whether in
order /en%orceable
Consortium document dated /<,/0,'/&2, Ie
stipulate that %resh joint documents to be e(ecuted
%or the proposed increased limits,
.,. !ro$rata non$%und based business E(isting* Rs, &&/,// croresO !roposed* Rs, './,//
crores@ with our Bank
.,< Comments regarding utilization
o% limits
As per Anne(ure 9,
.,0 Nield in the account Amount Rs, 2,2' crores
9nB &2,//B
!eriod /&,/.,'/&2 to 2&,/2,'/&.
.,4 Ihether listed %irm* present
market Duotation $ <' weeks
high / low* Not listed subseDuent
to bu= back o% shares,
Not listed
.,M Aur Bank?s in#estment in the
%irm
Nil
.,3 Ihether all clearance / appro#als
ha#e been obtained
Nes,
.,3 )ue )iligence 8atis%actor= )ue )iligence Report has been
obtained b= the Lead Bank %rom :/s, 8andeep
8a(ena C Co,@ Chartered Accountants, A cop= o% the
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

10/64
SME LOAN FACTORY, LUCKNOW
same is enclosed,
1'&( MaFo! In)ect"on I!!e$u7a!"t"e):
Concurrent Audit Nil
RB9 9nspection Nil
8tatutor= Audit Nil
8tock Audit 8tock audit has been arranged b= the Lead Bank,
"he obser#ations are anne(ed in Anne(ure L,
!8R Abser#ations pending compliance Nil
Credit Audit*
No' O4)e!2at"on) B!anch Comment) Ou! Comment)
& Latest ROC search report be
obtained ensure our charges are
registered as per present sanction
and report !ept on record"
RAC search obtained and
satis%ied with,
Noted, "he same
ma= be accepted,
', Branch is not e(changing
in%ormation o% the account/
compan= among other member
bank?s under multiple /
consortium banking arrangement
on regular inter#al as per Bank?s
guidelines,
8ince done Noted, "he same
ma= be accepted,
2, 8"ACL/H98/H:R/HAB) statement
be obtained at regular inter#als
and satis%ied upon C )! %i(ed
accordingl=,
8tock statement is
obtained on monthl= basis
and )! is %i(ed
accordingl=,
Noted, "he same
ma= be accepted,
., All securities o% insurable nature
charged to the bank be
adeDuatel= insured and li#e
insurance policies with bank
clause be held on record,
Lead Bank in%ormed that
collaterals are insured and
cop= o% these are
a#ailable with them,
Noted, Branch to
ensure,
<, !re$sanction inspection report C
post disbursement inspection
report be kept on record,
!eriodical inspections o% assets
charged to the bank are carried
out as per e(tant guidelines o% the
bank and reports kept on record,
"he Compan= is a
contractor with works
scattered all o#er the
countr=, Hence@
inspection is not %easible
%or practical reasons,
"he same ma= be
accepted, 7urther@
the Compan=?s
project site at
Harduaganj !ower
!lant and Bareill=
b= pass road was
inspected b=
Consortium Banks
on '2,/','/&. and
'<,/','/&. and it
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

11/64
SME LOAN FACTORY, LUCKNOW
was %ound that
construction work
is going on in %ull
swing,
0, Credit auditor has in%ormed that
stock audit is wai#ed as
mentioned in ::R, Branch to
con%irm that the same wai#ed b=
competent authorit=,
8tock audit has been
arranged b= the Lead
Bank,
Noted,
4, Credit audit o% eligible associate/s
enjo=ing credit %acilities with our
bank be got carried out based on
latest sanction in consultation
with Qonal o%%ice,
No associate %irm is
a#ailing credit %acilities
%rom our bank,
Noted, "he same
ma= be accepted,
M, Credit auditor pointed out that
processing charges %or re#iew
with increase dated &2$/0$'/&2
and adhoc %acilit= o% Rs .//,//
lac granted in :arch are =et to be
reco#ered, Branch is ad#ised to
reco#er the same and date C
amount o% reco#er= be ad#ised to
this o%%ice,
Branch has reco#ered the
processing %ee during
credit audit,
Noted, Branch to
ensure,
3, Consortium meeting be held
regularl= as per guidelines last
carried out on &4,/3,'/&'
Ie ha#e asked
consortium leader ABC
and the Compan= %or
conducting regular
consortium meetings,
Noted, Branch to
ensure that
Consortium
:eetings are held
at regular
inter#als, "he last
Consortium
:eeting was held
on '<,/0,'/&.,
&/, Branch to obtain con%irmation
%rom consortium Bank o% ha#ing
obtained &B cut back amount o%
bill pa=ment b= wa= o% 7)R as
additional securit=
Lead Bank is keeping the
&,// B cut back amount
as 7)R,
Noted, A
modi%ication has
been propsoed in
the Note in this
regard,
&&, 7)Rs amounting Rs M,<M crores
and Rs /,3/ crores obtained as
securit= And kept under lien,
Branch to #eri%= and con%irm that
margin amount 4,<B o% B6s
+!resent A/s Rs 2<,&MCr- kept
under lien with the branch,
AdeDuate margin as per
sanction is kept with us
under lien %or B6 issued,
Noted, Branch to
satis%= upon the
same,
&', Branch to cancel e(pired
6uarantees a%ter obser#ing bank?s
guidelines
Noted %or compliance@ no
e(pired B6 is outstanding
in our Books as on date,
Noted, "he same
ma= be accepted,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

12/64
SME LOAN FACTORY, LUCKNOW
&2, Consortium )ocuments are
e(ecuted on /<,/0,'/&2 whereas
our sanction is accorded on &2$
/0$'/&2, Branch to #eri%= securit=
documents %rom Legal
)ept, and satis%= upon
en%orceabilit=,
Consortium documents
were e(ecuted b= the
leader bank based on
sanction / e(pected
sanction b= the other
member Banks a%ter
ha#ing discussion in
consortium meeting,
Noted, "he same
ma= be accepted,
8tatus o% credit audit whether closed or notR* Closed as reported b= the Branch

1'&& Au#"to!)G Rema!=):
Auditors o% the 7irm
Huali%ication remarks o% the auditors
!N6 C Co Chartered Accountants@ Lucknow
Nil as per audited balance sheet as on
2&,/2,'/&2
Ihether statutor= dues ha#e been paid Nes
Contingent liabilities / Ather Remarks*
Pa!t"cu7a!) Amount Rema!=)
)isputed ta(es Rs,2,//
crores
A search and seizure operation under 9" Act was conducted on
the Compan= and its sister/related concerns on 2&,/4,&2 and
/&,/M,&2, Certain income was surrendered in di%%erent hands
with precondition o% amendment o% returns, Compan= had
paid Rs, 2,// crores till date o% reporting b= the auditor on
account o% ta( o% di%%erent =ears, Compan= has decided to
account %or ta( liabilit= in respecti#e =ears when ta( on such
income will be paid/ascertained, "he compan= has alread=
paid +b= :arch 2&@'/&.- the entire ta( o% Rs, 2,// Crores,
Corporate
guarantee
N9L
Bank guarantee P
Autstanding as
:arch 2&@'/&.
Rs, 2&4,&.
Crores
"hese are then outstanding !er%ormance 1 :obilization
ad#ance 1 Retention mone= guarantees issued on behal% o%
the compan=,
!ending court
cases
Corporate
guarantee gi#en
on behal% o% 2
rd

parties /
associates,
N9L
An= other $ $
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

13/64
SME LOAN FACTORY, LUCKNOW
8'( Com7"ance:
<,& Ihether names o% promoters@ directors@ Compan=@ group concerns %igure in*
a, RB9 de%aulters? list dated 2&,/2,'/&2* No,
b, Iil%ul de%aulters? list dated 2/,/3,'/&2* No,
c, EC6C caution list* No,
d, C9B9L* )etails are as %ollows*
No
.
Name CIBIL Report
Control No. / Date
Remark
& Anil Lumar 8ingh 4&4M'<'0. /
'&,/0,'/&.
No o#erdues reported
' Finod Lumar
8ingh
4&4M'0&'& /
'&,/0,'/&.
"here is an o#erdue o% Rs, 0,2'
lacs in a general purpose loan
where he is a guarantor, Ie
stipulate that@ Branch to obtain
%rom :r, Finod Lumar 8ingh@
7)Rs worth the o#erdue amount
+as appearing in credit card
o#erdues in his C9B9L records-
be%ore release o% credit limits and
that the dul= discharged 7)R?s to
be kept under negati#e lien until
the dues in the C9B9L report o%
:r, Finod Lumar 8ingh are dul=
adjusted,
2 Rajesh !ratap
8ingh
4&4M22</3 /
'&,/0,'/&.
"here is an o#erdue o% Rs,
'.@<4</$ in a two$wheeler loan,
8ince it is a small amount@ the
same ma= be ignored,
. 8uman 8ingh 4&4M20332 /
'&,/0,'/&.
No o#erdues reported
< Findh=achal
Nada#
4&4M2443M /
'&,/0,'/&.
No o#erdues reported
0 Ram Awadh
Nada#
4&4M2M234 /
'&,/0,'/&.
No o#erdues reported
4 )e# Bu( 8ingh 4&4M./'M3 /
'&,/0,'/&.
No o#erdues reported
M Apco 9n%ratech
Ltd,
I$2M0&2'. /
'&,/0,'/&.
No o#erdues reported
3 AC! "ollwa=s !#t,
Ltd,
I$2M0&2<. /
'&,/0,'/&.
No o#erdues reported
&/ Ashir#ad 8er#ice
8tation
Report not a#ailable
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

14/64
SME LOAN FACTORY, LUCKNOW

<,' Ihether take o#er norms are complied Not applicable
<,2 Ihether )irectors o% the borrower
Compan= are relati#es o% an= member o%
the Bank?s Board/8enior A%%icer o% the
Bank/ :ember o% an= other Bank?s Board*
No
<,. Ihether an= o% the )irectors o% the Bank
is )irector o% the borrower Compan= or is
ha#ing an= interest in the same*
No
<,< E(posure to BAB$4 accounts Not applicable
<,0
No !arameters 9ndicati#e
:in / :a( le#el as per loan
polic=
Le#el as
on 2&//2/'/&2
+Audited-
Le#el as
on 2&//2/'/&. +CA
Certi%ied@ !ro#isional-
i, Current Ratio &,22 &,'2 &,'.
ii, )E Ratio
+""L/"NI-
2,//
&,M4
&,/0
iii, )E Ratio
+"AL/"NI-
.,</
<,&'
2,0.
i#, A#erage )8CR &,4< Not Applicable Not Applicable
#, :inimum )8CR &,'< Not Applicable Not Applicable
#i, !romoters?
contribution
'<B on 8tock C Book )ebts '<B on 8tock C Book )ebts

<,4 E(posure to 9ndustr=* +Construction* As per A8CRA: data as on 2&,/2,'/&2-
Pa!t"cu7a!) Amount +R)' c!o!e)-
a- 8ectoral Cap %or 9ndustr= * '03//,//
b- Bank?s E(posure * M2&',.2
c- Qone?s E(posure * 30,2/
d- N!A at Bank le#el * 4<,4'
e- N!A at Qonal le#el * /,'<
%- !IA at Bank le#el * ',M&
g- !IA at Qonal le#el * /,//

<,M E(posure Cap based on Capital*
(Rs. in Crores)
:a(imum e(posure
based on capital
%unds as on
2&,/2,'/&2
9ndi#idual Borrower 6roup
Cap Actual Cap Actual
0/M&,4< 0//,//
+proposed-
&0'&M,/& 0//,//
+proposed-

6'( Deta"7) of A))oc"ate) / Su4)"#"a!"e) / G!ou Conce!n):
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

15/64
SME LOAN FACTORY, LUCKNOW
"he Compan= has two associate concerns, )etails are as %ollows*
a, :/s Ashir#ad 8er#ice 8tation* 9t is a !artnership 7irm o% :r, Anil Lumar 8ingh and :r,
)ig Fija= 8ingh, "he 7irm runs a petrol %illing station o% 9ACL, 9ts ke= %inancial parameters
%or 2&,/2,'/&2 are as %ollows*
+Rs, crores-
Pa"# u Ca"ta7 Tan$"47e Net <o!th Net Sa7e) PAT
/,4M /,4M '4,M/ /,&2
b, :/s AC! "ollwa=s !#t, Ltd,* 9t is a 8pecial !urpose Fehicle incorporated on /<,&','/&&
%or the purpose o% e(ecution o% %our$laning o% &&4,0< kms o% Faranasi$8hakti Nagar Road
upto Hathinala +8tate Highwa= P 8H$<A- on )B7A" basis under concession agreement with
! 8tate Highwa=s Authorit=, "he 8!F has been %loated b= :/s, Apco 9n%ratech Ltd, +2<B-@
:/s, !atel Engineering Ltd, +2'B- and :/s, Chetak Enterprises Ltd, +22B-,
:/s, Apco 9n%ratech Ltd, has share holding o% 2<B +Rs, 3',3& crores- in :/s AC! "ollwa=s
!#t, Ltd, as on 2&,/2,'/&., Balance 22B is held b= Chetak Enterprises Limited and 2'B
b= !atel Engineering,
"he Compan=@ :/s AC! "ollwa=s !#t, Ltd,@ is enjo=ing credit %acilities %rom Banks under
Consortium Arrangement +Lead Bank* !unjab National Bank- as %ollows*
+Rs, in crore-
Name of Ban= Te!m
Loan
Out)tan#"n
$ a) on
5&'(5'0(&5
; LC Rea9ment
Bank o% 9ndia 2</,// <2,'4 +'.,//- Repa=able in .3
ballooning Duarterl=
installments
commencing %rom '<
Eanuar= '/&0 and last
installment %alls due at
'< Eanuar= '/'M
Central Bank o% 9ndia &//,// <3,&M +'4,</-
Corporation Bank &2<,// '&,0M
)ena Bank &</,// 2',<'
9ndia 9n%rastructure 7inance
Compan= limited
&//,//
<',/.
Ariental Bank o% Commerce &//,// 0/,&' +2',20-
!unjab National Bank './,// &'&,/'
Fija=a Bank 4<,// &0,'0
Tota7 &08('(( 1&6'(D +?5'?6-
5 8ublimit o% "erm Loan
"erm loans are secured b=*
i- 7irst charge o% all the borrowerSs immo#able properties both present and %uture e(cept
project assets,
ii- 7irst charge on Bank accounts@ re#enues and recei#ables@ rights and titles@ 9nsurance
policies@ intangible both present and %uture e(cept project assets,
iii- !ledge o% the EDuit= 8hares o% the Borrower up to 7i%t= one percent during construction
period and two =ears therea%ter+initial period- and twent= si( percent on the e(pir= o%
initial period,
9ts ke= %inancial parameters %or 2&,/2,'/&2 are as %ollows*
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

16/64
SME LOAN FACTORY, LUCKNOW
+Rs, crores-
Pa"# u Ca"ta7 Tan$"47e Net <o!th Net Sa7e) PAT
&&/,/4 $./,<. /,// 5 $/,'/
5 !roject is under implementation,
"he Compan= +Apco- also has a </*</ joint #enture with :/s, Ariental 8tructure Engineering
!#t, Ltd, %or construction o% approaches@ guide bunds C protection works o% major bridges
o#er ri#er 6haghara near Chahlarighat #illage on 8itapur$Bahraich Road !roject +ttar
!radesh-, "he EF has sublet the work &//B to Apco, !ro%it sharing ratio is 34,</B +Apco-
and ',</B +Ariental-,
"he Compan= +Apco- has another </*</ joint #enture with :/s, !atel Engineering Ltd, +!EL-
%or construction o% canal o#er Rapti Ri#er in "ulsipur +ttar !radesh-, "he EF has sublet the
work &//B to Apco, !ro%it sharing ratio is 34,//B +Apco- and 2,//B +!EL-,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

17/64
SME LOAN FACTORY, LUCKNOW
/'( Hu)t"f"cat"on:
A' Re2"eB.cum.enhancement of Ca)h C!e#"t 7"m"t a) fo77oB):
Pa!t"cu7a!) E*")t"n$ P!oo)e# Inc!ea)e
Consortium Rs, &</,// crores Rs, '//,// crores Rs, </,// crores
Aur Bank Rs, ./,// crores Rs, 0/,// crores Rs, '/,// crores
!resentl=@ the Compan= has been sanctioned Cash Credit limit o% Rs, &</,// crores %rom the
Consortium, 9t has now reDuested the Consortium %or re#iew$cum$enhancement o% Cash
Credit limit to Rs, '//,// crores,
"he Lead Bank@ Ariental Bank o% Commerce@ is assessing the Cash Credit limit o% the
Compan= as Rs, '//,// crores %or 7N'/&.$&< as in%ormed b= the Compan=,
At the time o% last re#iew@ the Compan= had estimated to achie#e receipts o% Rs, 0<2,&&
crores in 7N'/&'$&2 and that o% Rs, M3<,24 crores in 7N'/&2$&., Against the same it has
achie#ed receipts o% Rs, 0&M,<< crores in 7N'/&'$&2 as per audited %inancials i,e, around
3<B achie#ement and has achie#ed receipts o% Rs, 4M.,'& crores in 7N'/&2$&. as per
pro#isional %inancials i,e, around MMB achie#ement,
Now the Compan= has estimated to achie#e receipts o% Rs, &&//,// crores in 7N'/&.$&<, "he
Compan= e(pects to attain the same with the assistance o% increased Cash Credit limit o% Rs,
'//,// crores,
As on /&,/.,'/&.@ the Compan= has con%irmed orders worth Rs, &3<2,/M crores in hand and
another order worth Rs, 3&3,M3 crores is under negotiation, )etails o% the orders in hand o%
the Compan= as on /&,/.,'/&. are anne(ed,
8ince the Compan= is a Construction Contractor@ as per Bank?s guidelines@ assessment o% its
Iorking Capital limit has been done on the basis o% Cash Budget :ethod@ b= assessing the
peak le#el cash de%icit in 7N'/&2$&. and in 7N'/&.$&< based on cash %low o% e(isting
projects,
Assessment being considered b= the Lead Bank is as %ollows*
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

18/64
SME LOAN FACTORY, LUCKNOW
Cash %low %or the e(isting projects o% 7N'/&.$&<*
+Rs, crores-
Pa!t"cu7a! A!&1 Ma9&1 Hun&1 Hu7&1 Au$&1 Se&1 Oct&1 No2&1 Dec&1 Han&8 3e4&8 Ma!&8
Sources Of Fund
Receipts 7rom
Contracts
3.,// 30,// 3.,// .3,// .0,// <3,// &/0,// &//,// 3.,// &'.,// &&4,// &'&,//
7)R <,// &,'/ &,</ /,3< ',2/ &,</ ',</ &,0/ &,'2 ',2/ 2,&/ 2,'/
Ather Receipts
Tota7 DD'(( D/'0( D8'8( 1D'D8 1?'5( 6('8( &(?'8( &(&'6( D8'05 &06'5( &0('&( &01'0(
Application Of Fund
Raw :aterial <<,// <0,// 43,// .0,// '0,// .<,<4 00,// 4&,// .4,// 2<,<3 2<,33 2M,2'
)irect E(p, '0,// 24,M& &<,&3 &,2M 3,&2 &.,'2 24,<3 '4,4< 23,// 4<,0& 4/,2< 4','<
9ndirect E(p, &',// /,// /,// /,// /,// /,// /,// /,// .,&/ 3,'' M,M4 M,2'
7inancial
E(penses
','& /,// /,// /,// /,// /,// /,// &,02 ',32 ',<3 ',4/ ',M<
"erm Loans
9nstallments
',30 ',/0 2,&' ',<& &&,.& ',0M ',4/ ',<M ',4& ',4/ ',03 ',03
Tota7 D?'&/ D8'?/ D/'5& 1D'?D 16'81 60'1? &(6'0D &(0'D6 D8'/1 &08'/& &0('6( &01'15

8urplus
/8hort%all
/,M2 &,22 $&,M& /,/0 &,40 $&,3M ','& $&,20 $/,<& /,<3 $/,</ $/,'2
Apening
Balance
$&33,&/ $&3M,'4 $&30,3. $&3M,4< $&3M,03 $&30,32 $&3M,3& $&30,4/ $&3M,/0 $&3M,<M $&34,33 $&3M,.3
Closing
Balance
$&3M,'4 $&30,3. $&3M,4< $&3M,03 $&30,32 $&3M,3& $&30,4/ $&3M,/0 $&3M,<M $&34,33 $&3M,.3 $&3M,4'
Pea= Le2e7
Def"c"t
R)' &D?'D& c!o!e) "n Setem4e! 0(&1
Accordingl=@ as per the cash budget method@ the peak le#el cash de%icit %rom e(isting projects
is Rs, &3M,3& crores in 7N'/&.$&<, Hence the eligible %inance %or the Compan= as being
considered b= the Lead Bank is Rs, &3M,3& crores i,e, appro(imatel= Rs, '// crores,
"he Compan= has reDuested %or Cash Credit limit o% Rs, '// crores %rom Consortium,
"he Lead Bank Branch has recommended to their higher authorities@ #ide note dated
'4,/0,'/&.@ to increase its Cash Credit limit share %rom Rs, ./,// crores to Rs, 4<,// crores,
"he Compan= has reDuested our Bank to increase our share %rom Rs, ./,// crores to Rs,
0/,// crores, Agreement$in$principle in this regard has been accorded b= our higher
authorities at BCC on &.,/0,'/&. as con#e=ed #ide letter no, BCC*LCB*A9!*&/0*&03. dated
&.,/0,'/&.,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

19/64
SME LOAN FACTORY, LUCKNOW
"he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable consideration o%
the reDuest o% the Compan= %or re#iew$cum$enhancement o% its Cash Credit limit %rom Rs ./,// crores
to Rs, 0/,// crores, Ie endorse,
B' Re2"eB.cum.enhancement of Ban= Gua!antee +3"nanc"a7 / Pe!fo!mance- 7"m"t B"th LC
)u4.7"m"t a) fo77oB):
Pa!t"cu7a!) E*")t"n$ P!oo)e# Inc!ea)e
Consortium B6* Rs, <//,// crores
8ublimit LC* +Rs, ./,// crores-
Rs, M//,// crores
8ublimit LC* +Rs, &// crores-
Rs, 2//,// crs
Aur Bank Rs, &&/,// crores
8ublimit LC* +N9L-
Rs, './,// crs
8ublimit LC* +Rs, </,// crs-
Rs, &2/,// crs
!resentl=@ the Compan= has been sanctioned Bank 6uarantee limit o% Rs, <//,// crores %rom the
Consortium, "here has not been an= instance o% in#ocation o% an= Bank 6uarantee,
"he Compan= is reDuired to pro#ide !er%ormance / Ad#ance !a=ment Bank 6uarantee %or contracts
awarded and also %or purposes o% 8ecurit= )eposit / Earnest :one= )eposit@ %or participating in
tenders,
At the time o% participating in tender@ the Compan= is reDuired to deposit &B to 'B o% bid amount as
Bank 6uarantee and on being awarded the contract@ the Compan= is reDuired to submit !er%ormance
Bank 6uarantee o% <B to &/B o% the contract amount, As soon as the !er%ormance 6uarantee is
pro#ided@ the Compan= gets back the Bid :one= 8ecurit= 6uarantee pro#ided b= it earlier,
7urther@ the Compan=?s client also pro#ides to the Compan= :obilization Ad#ance up to &/B to &<B o%
the contract #alue on submission o% Bank 6uarantee,
"he #alidit= o% Bank 6uarantee submitted %or di%%erent purposes is as %ollows*
Bid :one= 8ecurit= 6uarantee* 8i( months %rom the date o% tender,
!er%ormance Bank 6uarantee* "wel#e months %rom completion o% contract,
Ad#ance :one= Bank 6uarantee* "ill the completion o% contract,
Based on the orders in hand o% the Compan= as on /&,/.,'/&.@ the Bank 6uarantee reDuirement o%
the Compan= has been assessed as %ollows*
+Rs, in crores-
No'
Pa!t"cu7a!) Amount
& E(isting Bank 6uarantee limits 8anctioned b= Consortium +A- 8(('((
' B6 / LC Autstanding as on /&,/.,'/&. +B- G 2&4,&.
2 Balance A#ailable B6/LC Limit +CT+A$B--
&M',M0
. B6s to be submitted in 7N'/&.$&< %or ongoing works +)- &0<,//
< B6 e(pected to be returned during 7N'/&.$&< +E-
&3,30
0 "otal Limit a#ailable +7T+C1E$)--
24,M'
4
B6?s +!er%ormance 1 :obilization 1 Retention :one=- to be submitted in
7N'/&.$&< +7or bidding in pipeline- +6- P + ;- ''<,//
M
Additional B6?s to be submitted in 7N'/&.$&< +E:)- %or continuous bidding
%or %uture contracts %or building the order book %or the period 7N'/&.$&<
including LC +H- P + 5- &&2,//
3 "otal ReDuirement o% B6 in 7N'/&.$&< +9T+61H-- 22M,//
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

20/64
SME LOAN FACTORY, LUCKNOW
&/
Additional B6s reDuired %or Business 6rowth C Continuit= in 7N'/&.$&<
+ET+9$7-- 2//,&M
&& "otal reDuirement +LT+A1E--
M//,&M
&0 L"m"t ReIue)te# ?(('((
+G- At the time o% submission o% A9! note@ the Compan= had in%ormed that B6 / LC amounting to Rs,
2/&,0' crores were outstanding as on /&,/.,'/&., "he Compan= has now in%ormed that the
actual %igure o% B6 / LC outstanding as on /&,/.,'/&. was Rs, 2&4,&. crores@ and that the
di%%erence was on account o% reconciliator= di%%erences and has regretted the same, 9n an= case@
the actual assessed limit is not less than the reDuested limit,
+ ;- "he Compan= has in%ormed that it is under acti#e negotiation o% E!C contract amounting to Rs,
&<// crores, "he B6 reDuirement %or the same has been assessed assuming P <B o% Contract
Falue towards the !er%ormance 6uarantee C &/B o% the Contract #alue towards the mobilization
ad#ance,
+5- "he Compan= has in%ormed that it intends to pursue Business Apportunities with contract #alue o%
Rs, </// crores it has been assumed that 'B o% the contract #alue will be reDuired as
E:)/8ecurit= )eposit etc,
Based on the abo#e assessment@ the Compan=?s B6 limit reDuirement has been assessed at Rs, M//,//
crores b= the Lead Bank #ide its note dated '4,/0,'/&.@ with LC sub$limit ++9nland / 9mport- +Raw
:aterial / Capital 6oods- sance* 20/ da=s- o% Rs, &//,// crores, "he Lead Bank has proposed to
increase its share %rom Rs, '&/,// crores to Rs, ''<,// crores in enhanced B6 limits o% the Compan=
with entire LC sub$limit o% Rs, &//,// crores, LC sublimit as assessed b= the Compan= is as %ollows*
Pa!t"cu7a!) Amount
A, Estimated !urchases against L/C Rs, 20< crores
B, Lead "ime +No, o% )a=s- &/ da=s
C, sance !eriod +No, o% )a=s- 3/ da=s
D. "otal !eriod +B1C- &// da=s
E, No, o% C=cles in a Near +20</"otal No, o% )a=s- 2,0<
F. L/C reDuirement +A/E- &//,//
"he Compan= reDuires LC sub$limit mainl= %or purchase o% Raw :aterials and spares like 8tone 6rit@
8and@ 8teel@ Cement C Bitumen@ etc,
Now@ the Compan= has reDuested our Bank to increase our share %rom Rs, &&/,// crores to Rs, './,//
crores with LC sub$limit o% Rs, </,// crores, 9t has submitted that it would not a#ail LC sub$limit o%
more than the assessed amount o% Rs, &//,// crores, Agreement$in$principle in this regard has been
accorded b= our higher authorities at BCC on &.,/0,'/&. as con#e=ed #ide letter no,
BCC*LCB*A9!*&/0*&03. dated &.,/0,'/&.,
"he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable consideration o%
the reDuest o% the Compan= %or re#iew$cum$enhancement o% its Bank 6uarantee limit %rom Rs, &&/,//
crores to Rs, './,// crores with LC sub$limit o% Rs, </,// crores, Ie endorse subject to the Compan=
not to a#ail %acilities more than the assessed limits,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

21/64
SME LOAN FACTORY, LUCKNOW
C' Re2"eB of B"77) D")count"n$ fac"7"t9 at the e*")t"n$ 7e2e7 of R)' 5(('(( c!o!e)
As on /&,/.,'/&.@ the Compan= has con%irmed orders worth Rs, &3<2,/M crores in hand and another
order worth Rs, 3&3,M3 crores is under negotiation, "he Compan= gets work order on turnke= basis
%rom the reputed companies like 6A9L and also gets orders on sub contract basis %rom reputed
compan= engaged in in%rastructure construction like !I) !@ 8!Fs o% !unj Llo=d@ 9"NL +9L78-@
!!RFNL and %rom other 8tate 6o#ernment )epartments,
As the compan= is getting huge orders@ it reDuires bill discounting %acilities, !resentl=@ the Compan=
has been sanctioned >Bill )iscounting under !rime Bank LC? %acilit= o% Rs, 2//,// crores %rom our Bank@
outside the Consortium@ on /2,&','/&2 +8anction No,* :CB/LCB/&/</3<./A$'/-,
"he present outstanding position o% the limit is Rs, &<M,// crores, As on date@ ten bills amounting to
Rs, '&.,/2 crores ha#e been discounted, "he Branch has in%ormed that all the bill discounted ha#e
been adjusted on due date,
9n #iew o% the abo#e@ the Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or
%a#ourable consideration o% the reDuest o% the Compan= %or re#iew o% its >Bills )iscounting %acilit= under
!rime Bank LC? at the e(isting le#el o% Rs, 2//,// crores, Ie endorse,
D' Conce))"on): "o allow the %ollowing concessions*
i, An %acilities inside Consortium*
Pa!amete! A7"ca47e E*")t"n$ Recommen#e#
49 :)
Conce))"on
"n2o72e#
Rate o% 9nterest
%or Cash Credit
limit
Base Rate 1 2,//B
i,e, &2,'<B p,a,
+%loating-
Base Rate 1
&,</B i,e,
&&,4<B p,a,
+%loating-
Base Rate 1
&,</B i,e,
&&,4<B p,a,
+%loating- in line
with Lead Bank
&,</B
Commission on
B6
!er%ormance B6*
/,'/B p,m,
7inancial B6* /,'<B
p,m,
+1 8er#ice "a(-
&B p,a, on !B6 C
7B6 +1 ser#ice
"a(-, Commission
to be reco#ered
on Duarterl= basis
on up%ront basis
&B p,a, on !B6 C
7B6 +1 ser#ice
"a(- in line with
Lead Bank,
Commission to be
reco#ered on
Duarterl= basis on
up%ront basis
&,./B p,a, on
!B6
'B p,a, on 7B6
Commission
on LC
:entioned below Not Applicable
+!resentl= the
Compan= does not
ha#e LC sub$limit
with our Bank-
/,4<B p,a, Inland Sight LCs
& upto 30 days
usance* /,/<B
9nland LCs
be=ond 2/ da=s
usance* &,0<B
p,a,
9mport 8ight LC*
/,3<B p,a,
9mport LC be=ond
2/ da=s usance*
/,4<B p,a,
!rocessing
charges
As per guidelines &//B wai#er &//B wai#er &//B
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

22/64
SME LOAN FACTORY, LUCKNOW
; A7"ca47e LC Comm"))"on Cha!$e):
In7an# L/C) Imo!t L/C)
a, ni%ied charges +Commitment 1 sance-*
Pa!t"cu7a!) @
8ight LCs and upto 2/ da=s
usance
/,4/
LCs be=ond 2/ da=s usance /,'/ p,m,
b, Commitment charges* :inimum Rs, <////$
1 ser#ice ta(,
a, 8ight LC +)!-* /,2<B %or the %irst Duarter plus /,&<B
p,m, therea%ter +plus ser#ice ta(-
b, LCs be=ond 2/ da=s usance* &,</B p,a, %rom the date o%
opening o% LC to last date o% its #alidit= including usance
period +based on charges %or credit rating o% JBBBK, E(ternal
credit rating o% the Compan= is JBBB$J based on AB8 '/&2-
+plus ser#ice ta(-
"he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable
consideration o% the reDuest o% the Compan= %or concessions as mentioned abo#e@ subject to
our Ro9 on CC limit / B6 Commission charges not be less than that o% an= Consortium
:ember Bank, Ie endorse, "he abo#e concessions ha#e been appro#ed in principle b= our
higher authorities at BCC on &.,/0,'/&. #ide letter no, BCC*LCB*A9!*&03.
ii, An Bill )iscounting %acilit= outside Consortium*
Pa!amete! A7"ca47e E*")t"n$ Recommen#e#
49 :)
Conce))"on
"n2o72e#
Rate o% 9nterest Base Rate 1/,'<B
i,e, &/,</B
Base Rate i,e,
&/,'<B
Base Rate i,e,
&/,'<B
/,'<B
!rocessing
charges
As per guidelines &//B wai#er &//B wai#er &//B
"he abo#e concession was allowed to the Compan= at the time o% sanction o% Bill )iscounting %acilit= o%
Rs, 2//,// crores %rom our Bank@ outside the Consortium@ on /2,&','/&2, "he Assistant 6eneral
:anager@ Hazratganj Branch@ has recommended %or continuation o% the same, <e en#o!)e'
E' De2"at"on:
&' To cont"nue to Ba"2e the !eIu"!ement of Stoc= In)u!ance'
"he Compan=?s projects is mainl= road projects and stocks are mainl= cement@ charcoal@ gitti@ etc,
and other materials stored at di%%erent locations, "hese materials are not subject to risk o% %ire, "he
Compan= has adeDuate means to ha#e control C sa%et= o% the material, Hence@ it has reDuested to
continue to allow to wai#e the reDuirement o% 8tock 9nsurance, "he abo#e reDuest has also been
recommended b= the Lead Bank Branch to their higher authorities %or %a#orable consideration@ on
'4,/0,'/&., "he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable
consideration o% the reDuest o% the Compan=, Ie endorse,
0' To cont"nue to a77oB the Coman9 to "))ue Ban= Gua!antee on 4eha7f of Ho"nt Ventu!e)
fo!me# 49 the Coman9'
a- "he Compan= is looking to participate and acDuire major contracts +E!C C BA" !rojects- %rom
#arious 6o#t, C prestigious industrial houses, 9n some o% these projects@ the Compan= is not
eligible to participate on indi#idual basis, "he eligibilit= to participate in these work orders is
that the Compan= must ha#e e(ecuted similar t=pes o% work orders %or an amount o% minimum
</B o% the contract #alue,
b- 9n such cases@ the Compan= enters into joint #enture with the Companies ha#ing reDuisite line
o% e(perience and ha#ing e(ecuted similar line o% work orders o% large #alue contracts, Be%ore
participation in tender / work order@ both the Companies enter into joint #enture and sublet the
contract to the subject Compan=@ :/s, Apco 9n%ratech Ltd,@ through an :o,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

23/64
SME LOAN FACTORY, LUCKNOW
c- Accordingl= !er%ormance Bank 6uarantee %or the #alue o% <B / &/B o% the contract
#alue@ and ad#ance is reDuired to be issued b= the Compan= on behal% o% joint #enture,
d- As this is bene%icial %or the Compan= as well as %or the Branch to utilize the limits %ull=@
the Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable
consideration o% the reDuest o% the Compan= to continue to allow it to issue Bank
6uarantee on behal% o% joint #entures %ormed b= the Compan=, Ie endorse, "he Eoint
Fenture Agreement and !ro%orma o% B6 issued on behal% o% EF would be #etted b=
Legal A%%icer at Qonal A%%ice,
5' To accet Ca)h Ma!$"n J 8'((@ 'a' a$a"n)t e*")t"n$ comm"))"on J /'8(@ on
Ban= Gua!antee)
"he Compan= has proposed to increase its Bank 6uarantee limit in the Consortium %rom
Rs, <//,// crores to Rs, M//,// crores, "he Compan= has submitted that since its limit is
being proposed to increase substantiall=@ high margin would lead to blockage o% %unds,
Hence it has reDuested to continue accept Cash :argin G <,//B on all t=pes o% Bank
6uarantees, "here has not been an= instance o% in#ocation o% an= Bank 6uarantee issued
b= the Compan= nor has been an= instance o% de#ol#ement o% its LC with an= Bank,
"he abo#e reDuest has also been recommended b= the Lead Bank Branch to their higher
authorities %or %a#orable consideration@ on '4,/0,'/&.,
"he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable
consideration o% the reDuest o% the Compan=, Ie endorse,
1' To Ba"2e the !eIu"!ement of )u4m"))"on of KIS / KMR Statement'
"he Compan= is in the Construction industr=, 9t does not ha#e a manu%acturing unit,
Hence it has reDuested %or wai#er o% the e(isting condition regarding submission o% H98
statement, 9t would continue to pro#ide %und %low / cash %low statement on monthl= basis,
"he abo#e reDuest has also been recommended b= the Lead Bank Branch to their higher
authorities %or %a#orable consideration@ on '4,/0,'/&.,
"he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable
consideration o% the reDuest o% the Compan=, Ie endorse,
5. To accet Cu!!ent Rat"o of &'05 t"me) a) e! au#"te# f"nanc"a7) of 5&'(5'0(&5 "'e'
4e7oB 4enchma!= !at"o a) e! Ban= Gu"#e7"ne) of &'55 t"me)
Current ratio o% the compan= as on 2&,/2,'/&2 is &,'2 as per audited %inancials and is
&,'2 as on 2&,/2,'/&. as per pro#isional %inancials@ which is below our bank?s prescribed
benchmark o% &,22 times, Compan= has proposed to retain majorit= o% the pro%it earned
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

24/64
SME LOAN FACTORY, LUCKNOW
during the current 7inancial =ear and it is estimated that the current ratio o% the compan=
will be &,2. times and &,2M times as on 2&,/2,'/&< and 2&,/2,'/&0 respecti#el= which is
abo#e bank?s prescribed benchmark and hence ma= be accepted,
6' To accet TOL/TN< !at"o of 8'&0 a) e! au#"te# f"nanc"a7) of 5&'(5'0(&5 "'e'
a4o2e 4enchma!= !at"o a) e! Ban= Gu"#e7"ne) of 1'8( t"me)
"AL/"NI o% the compan= as on 2&,/2,'/&2 is <,&' as per audited %inancials which is
abo#e our bank?s prescribed benchmark o% .,</ times, "he reason %or the same is
inclusion o% :obilization Ad#ances as Liabilities@ due to nature o% the business, Howe#er@
as per CA Certi%ied pro#isional balance sheet as on 2&,/2,'/&.@ the "AL/"NI Ratio o% the
Compan= is 2,0. times which is within bank?s prescribed benchmark,
3' Mo#"f"cat"on:
To Ba"2e the con#"t"on of o4ta"n"n$ a!" a))u cha!$e o2e! the cut 4ac= amount J
&@ on !unn"n$ 4"77) an# "n 7aceA to accet a##"t"ona7 !oe!t9 ha2"n$ !ea7"La47e
2a7ue +a) on #ate of accetance- of mo!e than &&(@ of the cut 4ac= #eo)"t) of R)'
&8'/& c!o!e) !e)ent79 a2a"7a47e B"th the Lea# Ban='
9n the terms o% e(isting sanction@ it is stipulated to obtain pari passu charge o#er the cut back
amount G &B on running bills, "he accrued #alue o% the same as on '4,/0,'/&. is Rs, &<,4&
crores, "he Compan= has proposed to in#est this amount and some additional amount %rom
its own sources in purchase o% an= propert= and to o%%er the propert= to the Consortium, "he
propert= is =et to be identi%ied, ntil then the 7)Rs in the e(isting arrangement would
continue to be with the Consortium,
"he Assistant 6eneral :anager@ Hazratganj Branch@ has recommended %or %a#ourable
consideration o% the reDuest o% the Compan= to accept additional propert= ha#ing realizable
#alue +as on date o% acceptance- o% more than &&/B o% the cut back deposits o% Rs, &<,4&
crores presentl= a#ailable with the Lead Bank,
"he abo#e reDuest has also been recommended b= the Lead Bank Branch to their higher
authorities %or %a#orable consideration@ on '4,/0,'/&., 8ince this is a recent de#elopment
with the Lead Bank@ "t Ba) not !oo)e# at the t"me of )ee="n$ AIP,
Ie endorse@ subject to the condition that be%ore release o% the accrued cut$back 7)Rs as per
e(isting arrangement*
i, Legal Report o% the propert= in terms o% title and marketabilit= and its #aluation is
satis%ied upon,
ii, EDuitable mortgage o% the propert= is created in %a#our o% the Consortium Banks,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

25/64
SME LOAN FACTORY, LUCKNOW
G' Conf"!mat"on:
To conf"!m the act"on of the A))")tant Gene!a7 Mana$e!A HaL!at$anF B!anchA fo!
ha2"n$ a77oBe# the fac"7"t"e) of the Coman9 4e9on# #ue #ate of !e2"eB "'e'
&5'(6'0(&1 t"77 the !e)ent #ate of !e2"eB'
At the da= o% due date o% re#iew i,e, &2,/0,'/&.@ the Compan=?s proposal was under
consideration %or re#iew$cum$enhancement with the Lead Bank@ Ariental Bank o% Commerce,
"he proposal has been recommended b= the Lead Bank Branch to their higher authorities on
'4,/0,'/&., 9n #iew o% the same@ the re#iew$cum$enhancement proposal is being put up
a%ter receipt o% recommendation note o% the Lead Bank,
9n #iew o% the same@ we recommend to con%irm the action o% the Assistant 6eneral :anager@
Hazratganj Branch@ %or ha#ing allowed the %acilities o% the Compan= be=ond due date o%
re#iew i,e, &2,/0,'/&. till the present date o% re#iew,
?'( Recommen#at"on:
9n #iew o% what is stated abo#e@ we recommend to consider re#iew$cum$enhancement o%
credit %acilities along with concessions / de#iations@ as mentioned under 9ssue %or
ConsiderationK@ subject to the %ollowing conditions*
a, Branch to ensure that Consortium meetings to be held periodicall= at regular inter#als,
b, Branch to ensure compliance o% e(tant guidelines o% the Bank regarding Consortium /
Banking in terms o% circular nos, BCC*BR*&/<*2'3 dated /',/M,'/&2 and
BCC*BR*&/.*.0' dated '0,&','/&',
c, Bills )iscounting %acilit= is to be allowed onl= against LC o% !rime Banks,
d, Be%ore release o% our charge on the accrued cut$back 7)Rs*
i, Legal Report o% the propert= in terms o% title and marketabilit= and its #aluation is
satis%ied upon,
ii, EDuitable mortgage o% the propert= is created in %a#our o% the Consortium Banks,
e, An= other terms and conditions as per sanction note o% the Lead Bank are to be
complied b= the Compan=,
8ubmitted %or consideration,
A' K' S"n$7a
)eput= 6eneral :anager
Lucknow Region )ate*
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

26/64
SME LOAN FACTORY, LUCKNOW
Le$a7 Com7"ance Ce!t"f"cate
Name of the Account : Aco Inf!atech L"m"te#
B!anch : Hazratganj Branch
Re$"on : Lucknow
%one : E! Qone@ Lucknow
Re* Re#iew o% credit %acilities with increase %rom Rs, &</,// crores to Rs, 2//,// crores %or
%urther period o% &' months
CERTI3IED THAT while recommending the proposal %or re#iew o% the term loan to be
considered b= the Credit Appro#al Committee o% Board@ all the rele#ant guidelines@
regulations@ rules and laws as applicable and reDuired to be kept in #iew@ ha#e been complied
with and all due diligence has been taken sa#e C e(cept de#iations@ concession proposed in
the proposal,,

A' K' S"n$7a
)eput= 6eneral :anager
Regional A%%icer
Lucknow
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

27/64
SME LOAN FACTORY, LUCKNOW
Sect"on II: 3INANCIAL PARAMETERS AND ASSESSMENT AS S:BITTED BM THE LEAD
BANK BRANCH O33ICE TO THEIR HIGHER A:THORITIES 3OR SANCTION
+Rs, crores-
Pa!t"cu7a!) Au#"te# Au#"te# Au#"te# P!o2")"ona7 P!oFecte# P!oFecte#
5&'(5'&& 5&'(5'&0 5&'(5'&5 5&'(5'&1 5&'(5'&8 5&'(5'&6
a' Ba7ance Sheet Data
!aid up 8hare Capital '/,// '.,&/ 2',0< 2',0< 2',0< 24,&'
!re%erence 8hare Capital .,&/ 4,3/ /,// /,// .,.4 0,/M
Reser#e C 8urplus 2',&M <4,00 3','2 &2<,/M &</,<3 '&.,/4
Tan$"47e Net <o!th 86'0? ?D'66 &01'?? &6/'/5 &?/'/& 08/'0/
"erm Liabilities &3,42 M4,M& '22,/. &4M,/& ''&,M' &32,'&
A% which :obilization
Ad#ances@ 8ecurit= !C /,// '/,2/
&4.,03
&2M,2& &<2,'& &&<,M0
"Ls repa=able a%ter & =ear &<,&3 2/,<M <M,&< 2.,4M0 0/,4& 67.15
Ca"ta7 Em7o9e# /6'(& &//'1/ 58/'D0 518'/1 1(D'85 18('1?
Net Block 2<,M4 0<,'/ 3/,4M 30,'& &'&,0& &<0,0&
7unds 9n#ested outside
business 5 /,// '/,'3 .&,44 5 3',3& 5 3',3& 5 3',3&
Non Current Assets 4,0& 2.,'. &'3,34 <0,43 2.,33 &/,M<
Current Assets &22,&. '&2,'2 </&,<3 <2','4 02.,32 03&,23
Current Liabilities &//,0& &<<,.3 ./0,&3 .2',.< .4.,3/ </&,'3
Net Current Assets 2',<2 <4,4. 3<,./ 33,M' &0/,/. &3/,&/
Ca"ta7 De7o9e# /6'(& &//'1/ 58/'D0 518'/5 1(D'88 18('1?

4' Oe!at"ona7 Data
6ross 8ales '<3,3& ..M,0M 0&M,<< 4M.,'& &&//,// &'//,//
Less* E(cise /,// /,// /,// /,// /,// /,//
Net Sa7e) 08D'D& 11?'6? 6&?'88 /?1'0& &&(('(( &0(('((
o% which E(ports /,// /,// /,// /,// /,// /,//
Ather 9ncome $/,/3 /,// /,// ',M< 4,'/ &/,2/
:anu%acturing E(penses &0',0. 2'4,&< <//,.4 0'.,.0 3/&,3M 34M,2&
Admn, C 8elling E(penses <3,03 <4,'4 2/,'4 <<,.& <4,M3 02,</
)epreciation 4,3. &/,M< &0,22 &M,/. &3,// '',</
9nterest 3,M. &0,/M &3,0< '&,'/ 2',// 23,'/
Net !ro%it be%ore "a( &3,4& 24,22 <&,M2 04,30 30,22 &/0,43
Net P!of"t afte! Ta* &0'D6 08'&0 51'/( 10'?6 65'8D /('1D
)i#idend /,// /,// /,// /,// /,// /,//
c' P!of"ta4"7"t9 Rat"o
N!/8ale +B- .,33 <,0/ <,0& <,.0 <,4M <,M4
N!/Capital Emplo=ed +B- &4,/< &.,&< 3,03 &',./ &<,<2 &<,0<
9n#entor= holding period
+)a=s- M4 &2< 42 02 <. 0&
)ebtors Collection !eriod
+)a=s- <' &4 &2< <' 0. 0<
!A" / "NI +B- '2,/2 'M,/' '4,43 '<,<< 22,MM '4,./
Current Ratio &,2' &,24 &,'2 &,'2 &,2. &,2M
)E Ratio +""L/"NI- /,2< /,3M &,M4 &,/0 &,&M /,4<
)E Ratio +"AL/"NI- ',&. ',4& <,&' 2,0. 2,4& ',4/
5 9n#estment made in :/s, AC! "ollwa=s !#t, Ltd,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

28/64
SME LOAN FACTORY, LUCKNOW
&'(' Comment) of 3"nanc"a7):
a' Rece"t): At the time o% last re#iew@ the Compan= had estimated to achie#e receipts o%
Rs, 0<2,&& crores in 7N'/&'$&2 and that o% Rs, M3<,24 crores in 7N'/&2$&., Against the
same it has achie#ed receipts o% Rs, 0&M,<< crores in 7N'/&'$&2 as per audited %inancials i,e,
around 3<B achie#ement and has achie#ed receipts o% Rs, 4M.,'& crores in 7N'/&2$&. as
per pro#isional %inancials i,e, around MMB achie#ement,
Now the Compan= has estimated to achie#e receipts o% Rs, &&//,// crores in 7N'/&.$&<, As
on /&,/.,'/&.@ the Compan= has con%irmed orders worth Rs, &3<2,/M crores in hand and
another order worth Rs, 3&3,M3 crores is under negotiation, )etails o% the orders in hand o%
the Compan= as on /&,/.,'/&. are anne(ed,
4' PAT: "he net pro%it o% the compan= was Rs, 2.,4/ crores in the =ear 7N'/&'$&2 as
compared to Rs, '<,&' crores in the =ear 7N'/&&$&', As per CA Certi%ied pro#isional
%inancials o% 2&,/2,'/&.@the !A" o% the Compan= in 7N'/&2$&. is Rs, .',M0 crores against Rs,
.0,M3 crores estimated at the time o% last re#iew dated &.,/0,'/&2, 6oing %orward@ the
Compan= has se#eral orders in hand and it has estimated to achie#e !A" o% Rs, 02,<3 crores
in 7N'/&.$&< and that o% Rs, 4/,.3 crores in 7N'/&<$&0,
Tan$"47e Net <o!th: "he "angible Net Iorth o% the Compan= has increased %rom Rs, M3,00
crores in 7N'/&&$&' to Rs, &'.,MM crores in 7N'/&'$&2 as per audited %inancials, As per CA
Certi%ied pro#isional %inancials o% 2&,/2,'/&.@ the "NI o% the Compan= in 7N'/&2$&. is Rs,
&04,42 crores, "he "NI is estimated to increase to Rs, &M4,4& crores in 7N'/&.$&< on
account o% retention o% pro%it in business,
Rat"o):
Pa!t"cu7a!) Au#"te# Au#"te# Au#"te# P!o2")"ona7 P!oFecte#
5&'(5'&& 5&'(5'&0 5&'(5'&5 5&'(5'&1 5&'(5'&8
Current Ratio &,2' &,24 &,'2 &,'2 &,2.
""L/"NI /,2< /,3M &,M4 &,/0 &,&M
"AL/"NI ',&. ',4& <,&' 2,0. 2,4&
Current ratio o% the compan= as on 2&,/2,'/&2 is &,'2 as per audited %inancials and is &,'2
as on 2&,/2,'/&. as per pro#isional %inancials@ which is below our bank?s prescribed
benchmark o% &,22 times, Compan= has proposed to retain majorit= o% the pro%it earned
during the current 7inancial =ear and it is estimated that the current ratio o% the compan= will
be &,2. times and &,2M times as on 2&,/2,'/&< and 2&,/2,'/&0 respecti#el= which is abo#e
bank?s prescribed benchmark and hence ma= be accepted, "AL/"NI o% the compan= as on
2&,/2,'/&2 is <,&' as per audited %inancials which is abo#e our bank?s prescribed benchmark
o% .,</ times, "he reason %or the same is inclusion o% :obilization Ad#ances as Liabilities@ due
to nature o% the business, Howe#er@ as per CA Certi%ied pro#isional balance sheet as on
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

29/64
SME LOAN FACTORY, LUCKNOW
2&,/2,'/&.@ the "AL/"NI Ratio o% the Compan= is 2,0. times which is within bank?s
prescribed benchmark,
0'( A))e))ment of <o!="n$ Ca"ta7: 9ncorporated in 8ection 9,
5'& ReIu"!ement of Othe! 3ac"7"t"e)* 9ncorporated in 8ection 9,

A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

30/64
SME LOAN FACTORY, LUCKNOW
L")t of Anne*u!e)
No' Content) T"c= +"f enc7o)e#-
A :ajor shareholders o% Compan= As per 8ection 9
B Name and business e(perience o% )irectors As per 8ection 9
C Background o% Compan= As per 8ection 9
) )etailed terms and conditions Enclosed
E Aperating statement Enclosed
7 Anal=sis o% balance sheet Enclosed
6 Cost o% project and sources o% %inance Not applicable
H 7unds %low statement Not applicable
9 Record o% Business turno#er Enclosed
E 6roup concerns and their banking
arrangements
As per 8ection 9
L :ajor ad#erse %eatures pointed out b= RB9
9nspectors / 9nternal Auditors / 8tatutor=
Audit / Credit Auditors / Concurrent
Auditor and steps taken
As per 8ection 9 / Enclosed
L :inutes o% Consortium :eeting :inutes o% the second$last Consortium
meeting dated &4,/&,'/&. are
enclosed, :inutes o% the last
Consortium :eeting dated '<,/0,'/&.
are under process o% con%irmation b= all
Banks,
: Appraisal note %or sick units Not applicable
N )8CR Calculation Not applicable
A !roject )etails Not applicable
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

31/64
SME LOAN FACTORY, LUCKNOW
Anne*u!e D
Te!m) C Con#"t"on)
M/)' Aco Inf!atech Lt#'
I' Natu!e of
3ac"7"t9
Ca)h C!e#"t +H9othecat"on of Stoc= C Boo= De4t)-
Limit Rs, 0/,// crores UEnhancement %rom Rs, ./,// croresV
!urpose Iorking Capital
:argin '<B on stock and book debts,
9nsurance "he assets created out o% banks? ad#ance +besides promoter?s
contribution- shall be insured %or %ull #alue b= the borrower / branch
and all e(penses in this regard +including timel= renewal o% the
insurance co#er- shall be borne b= the borrower,
Stocks lin! in open compound s"all #e e$empted from
insurance co%era!e.
Rate o% 9nterest Base Rate 1 &,</B i,e, &&,4<B p,a, +%loating-@ subject to monthl=
rests and subject to our Ro9 not being less than that o% an= other
Consortium Bank,
Base Rate is subject to change as per RB9 / Bank guidelines %rom
time to time,
!eriod &' months
8ecurit=
)ocuments
&, ), !, Note e(ecuted b= the compan= under common seal,
', Letter o% continuing securit=,
2, H=pothecation o% 8tocks and Book )ebts on pari passu basis
., H=pothecation on !lant C :achineries on pari passu basis,
<, Necessar= Board Resolution,
0, )eclaration/ndertaking %rom the compan= in respect o%
compliance o% all pro#isions o% Companies Act,
4, Ather usual undertaking C documents as per Bank?s norms
M, 6eneral 7orm o% guarantee dul= e(ecuted b= all
directors/guarantors
!rocessing
Charges
Nil
Othe! te!m) C con#"t"on):
&' C!e#"t In Account)
a) An e(press consent %rom the Lead Bank / other Consortium :ember Banks to be
obtained %or immediate trans%er o% our bank?s share o% reco#er= to us in case o%
remittances polled b= the borrower with them,
0' In)ect"on of Secu!"t"e)
a- 9nspection o% stocks charged to the Bank and that o% the borrower?s books/ records
shall be conducted periodicall= b= an authorized o%%icial o% the bank, All e(penses in
this respect shall be borne b= the borrower,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

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SME LOAN FACTORY, LUCKNOW
5' Stoc= an# Boo= De4t)
a- 6oods charged to the Bank shall be #alued at cost or market price/ realizable #alue /
controlled price@ whiche#er is lower,
b- "he stocks shall be properl= stored in a godown with %ree access to the Bank o%%icials
at all times, +Ihere#er %easible-
c- "he borrower shall certi%= that the book debts ha#e arisen out o% genuine trade
transactions and no credit %acilit= has been a#ailed against these book debts %rom an=
other source,
d- 8tatement o% book debts dul= certi%ied b= statutor= auditor / Chartered Accountant o%
the borrower shall be obtained on Duarterl= / hal% =earl= basis +as applicable-,
1' D!aB"n$ PoBe!
a- Bad and doubt%ul debts and/ or where an= cause o% action/ dispute has arisen or debts
older than the stipulated period shall not be taken into account while calculating
drawing power,
b- ),!, shall not be allowed against the %ollowing*$
i, Absolete 8tocks
ii, 8tocks released to the borrower against trust receipt in case o% Letter o% Credit
established on )A basis till the bills are retired b= the borrower,
iii, )ebtors more than 3/ da=s old,
i#, Book debts o% associate / group concerns@ e(cept those arising out o% genuine trade
transactions,
#, )rawing !ower shall be calculated strictl= in accordance with the guidelines in
%orce,
II' Natu!e of
3ac"7"t9
Ban= Gua!antee +In7an# . Pe!fo!mance/3"nanc"a7- +Enhancement-
L"m"t Rs, './,// crores UEnhancement %rom Rs, &&/,// croresV
Secu!"t9
Document)
&, Counter 9ndemnit= signed b= the compan=
', ndertaking as per Appendi( 99 at page '4M o% BA9 Fol$.
+A!!EN)9W 99 P >)ra%t nertaking? under Bank 6uarantee section o%
Credit :anagement Chapter in Book o% 9nstructions '/&'-
2, !ledge o% 7)Rs as kept as margin
., Letter o% depositing 7)Rs cum undertaking +L)AC$&0A-
<, )eclaration/ndertaking %rom the compan= in respect o% compliance
o% all pro#isions o% Companies Act,
0, Ather usual undertaking C documents as per Bank?s norms
4, 6eneral 7orm o% guarantee dul= e(ecuted b= all
directors/guarantors
M, E(tension o% charges on current assets on pari passu basis with
other member o% consortium,
3, E(tension o% eDuitable mortgage o% #arious immo#able properties
and charge on other securities in the account as described
elsewhere in the agenda note,
Pu!o)e Bid bond / Earnest :one=@ Ad#ance !a=ment@ !er%ormance and 8ecurit=
)eposit etc, %or e(ecuting #arious contracts o% roads and other construction
works,
Ma!$"n <B Cash :argin, :argin shall be kept in the shape o% unencumbered dul=
discharged 7)Rs/C)Rs, 9nterest on 7)Rs/C)Rs shall not be released
during the currenc= o% guarantee %acilit=, B& #e allo'ed to #e issued
considerin! accrued interest on CDR/FDR "eld as mar!in.
Comm"))"on &B p,a, on !B6 C 7B6 +1 ser#ice ta(-, Commission to be reco#ered on
Duarterl= basis on up%ront basis,
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33/64
SME LOAN FACTORY, LUCKNOW
9n case the guarantee period is e(tended@ the commission %or the e(tended
period shall also be reco#ered, Commission shall be reco#ered %or the claim
period@ i% an=,
Benef"c"a!9+"e)- Farious 6o#t, )epartments/ ndertakings@ !8s@ Reputed !#t, Corporates@
Local Authorities etc,
Pe!"o# &' months
P!o2")o.
i. 6uarantee issued shall be speci%ic C uneDui#ocal as regards* a-Amount b-!eriod
c-Bene%iciar= and d-!urpose,
ii. "he %ollowing t=pe o% guarantees shall not be issued*
6uarantees ha#ing unlimited #alidit=/ maturit= o% more than &/ =ears E(cept in %a#our o%
courts backed b= &//B margin,
6uarantees in respect o% deposits/ loans recei#ed %rom an= person/ bank/NB7C@ in lieu o%
their risk appraisal,
iii. "he Bank 6uarantee issued b= the Branch shall not contain an= onerous clause or liabilit=
%or pa=ment o% interest, "he liabilit= o% the bank should be clearl= determined in terms o%
amount C time, 9% deemed necessar=@ the guarantee %ormat ma= be got #etted %rom the
legal A%%icer,
iv. No Bid$ bond guarantee is to be issued under regular B6 limit@ since Bank is reDuired to
undertake additional obligations b= wa= o% "erm loan C Iorking Capital limits to %ul%ill
commitment o% the contract to be awarded under B9) B6,
v. 9% no ad#ance %rom the customers is projected in C:A@ Ad#ance :one=/ :obilization
ad#ance B6 is to be issued onl= a%ter earmarking eDui#alent amount in cash credit limit,
vi. !er%ormance B6 is to be issued %or onl= recent dated order/s and not %or old ones where
per%ormance is poor or =et to start, Be%ore issue o% large #alue per%ormance B6s@ the
branch is to ensure that the compan= has adeDuate in%rastructure in place respect o%
%actor= land and building@ machineries@ manpower@ owned %unds@ etc, to e(ecute the order
in time,
vii. 9% the B6 is issued %or procurement o% raw materials@ the amount o% such B6 issued in the
account is to be subtracted while calculating drawing power,
viii. 9n case o% in#oked B6@ no %urther guarantee is to be issued without permission %rom
Regional A%%ice,
ix. "he guidelines o% A%% Balance 8heet !olic=@ '//3 be complied with,
x. "he Bank 6uarantee should be issued in Bank?s prescribed %ormat,
xi. 6uarantees will be issued b= the bank on behal% o% the borrower without in an= manner
impl=ing a commitment to allow additional credit %acilities to the compan= %or pa=ment o%
claims against guarantees,
xii. "he Bank shall be entitled at an= time during the currenc= o% the guarantee@ to demand
and reco#er margin to the e(tent o% &//B o% the guarantees and in case o% de%ault in
pa=ment b= the borrower o% the margin so demanded@ the Bank reser#es its right to
reco#er such margin b= debit to an= o% the borrower?s accounts and such debit shall be
reco#erable %rom the borrowers as their dues
xiii. Bank 6uarantee be issued in the Bank?s appro#ed %ormat,
xiv. 6uarantee %or disputed amount will be issued G &//B cash margin,
xv. "o issue guarantees %or Eoint #entures also within o#erall limit,
P!o2")o a) e! te!m) an# con#"t"on) of !ecommen#at"on note of Lea# Ban=:
&' Man#ato!9 c7au)e "n BG
"he Bank 6uarantee %orm shall incorporate the %ollowing clause*
JNotwithstanding an=thing contained herein*
+i- Aur liabilit= under this Bank 6uarantee shall not e(ceed Rs,XXXXXX onl=O
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

34/64
SME LOAN FACTORY, LUCKNOW
+ii- "his Bank 6uarantee shall be #alid up to XXXXXXXO and
+iii-Ie are liable to pa= the guaranteed amount or an= part thereo% under this Bank
6uarantee onl= and onl= i% =ou ser#e upon us a written claim or demand on or
be%oreXXXXXXXX +date o% e(pir= o% 6uarantee-,K
0' Sec"f"c C uneIu"2oca7 BG
6uarantees issued shall be speci%ic and uneDui#ocal as regards
i- AmountO ii- !eriod iii- Bene%iciar= i#- !urpose,
5' T9e of Gua!antee) not to 4e "))ue#
"he %ollowing t=pe o% guarantees shall not be issued*$
a- 6uarantees ha#ing unlimited #alidit=/ maturit= o% more than &/ =ears e(cept in %a#our
o% courts backed b= &//B margin,
b- 6uarantees in respect o% deposits/ loans recei#ed b= an= person/ Non$ Banking 7inance
Companies %rom an= source,
1' One!ou) c7au)e "n BG
"he Bank 6uarantee issued b= the Branch shall not contain an= onerous clause or liabilit=
%or pa=ment o% interest, As %ar as possible@ it should be issued on the S:odel 7ormS as
appro#ed b= the Bank, 9% deemed necessar=@ the guarantee %ormat ma= be got #etted %rom
the Legal Retainer at Regional A%%ice,
8' E*o!t Gua!antee)
9n case o% E(port guarantees@ the same shall be co#ered under EC6C?s ad#ance pa=ment
guarantee/e(port per%ormance guarantee or as per rules o% EC6C and the relati#e EC6C
premium to be borne b= the borrower, "he borrower shall compl= with the %ormalities %or
obtaining due co#erage and all relati#e charges/%ees o% EC6C to be borne b= the borrower,
6' Cha!$e o2e! cu!!ent a))et) a) a7"ca47e
+Ihere stipulated as per terms o% sanction and agreed to b= the borrower or as agreed b=
the consortium-$ "he borrower will be reDuired to e(ecute h=pothecation agreement
e(tending charge o#er the compan=?s current assets to the e(tent o% guarantee limit as a
co#er %or all guarantees issued and/or to be issued b= the bank on behal% o% the borrower,
/' Reco2e!9 of c7a"m f!om 4enef"c"a!9
"he borrower shall gi#e an irre#ocable letter o% authorit= to the bank %or debiting their
account straightawa= with the amount o% claims recei#ed %rom the bene%iciar= plus
incidental charges,
?' No comm"tment to a77oB an9 a##"t"ona7 c!e#"t 7"m"t
6uarantees will be issued b= the bank on behal% o% the borrower without in an= manner
impl=ing a commitment to allow additional credit %acilities to the borrower %or pa=ment o%
claims against guarantees,
D' Deman# an# !eco2e! ma!$"n
"he Bank shall be entitled at an= time during the currenc= o% the guarantee@ to demand
and reco#er margin to the e(tent o% &//B o% the guarantees and in case o% de%ault in
pa=ment b= the borrower o% the margin so demanded@ the Bank reser#es its right to
reco#er such margin b= debiting an= o% the borrower?s accounts and such debit shall be
reco#erable %rom the borrowers as their dues,
&('3o!e"$n BG E Com7"ance of RBI $u"#e7"ne)
9n case o% 7oreign Bank 6uarantee@ all E(change control guidelines o% RB9 relating to
issuance o% such guarantees shall be complied with,
&&'Ta=eo2e! of BG out)tan#"n$ 49 othe! Ban=
9n case an= guarantee is outstanding and the account is taken o#er b= some other bank@
the securities shall be released onl= a%ter obtaining &//B margin or 6uarantee o% that
bank containing a speci%ic clause that their liabilit= under the said guarantee shall e(ist till
the original 6uarantee Bond is recei#ed or a release letter %rom the bene%iciar= is recei#ed
b= our Bank,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

35/64
SME LOAN FACTORY, LUCKNOW
III' 3ac"7"t9 Letter o% Credit +9nland / 9mport- +Raw :aterial / Capital 6oods- sance
20/ da=s- +8ub$limit o% B6 %acilit=-
L"m"t 8ub$limit o% Rs, </,// crores under Bank 6uarantee limit
Ma!$"n <B Cash :argin, :argin shall be kept in the shape o% unencumbered dul=
discharged 7)Rs/C)Rs,
Secu!"t9 &, LC application dul= signed b= the Compan=
', Counter indemnit= dul= e(ecuted b= the Compan=,
2, !ledge o% 7)Rs as kept as margin
., Letter o% depositing 7)Rs cum undertaking +L)AC$&0A-
<, )eclaration/ndertaking %rom the compan= in respect o% compliance
o% all pro#isions o% Companies Act,
0, 6eneral 7orm o% guarantee dul= e(ecuted b= all
directors/guarantors
4, E(tension o% charges on current assets on pari passu basis with
other member o% consortium,
M, E(tension o% eDuitable mortgage o% #arious immo#able properties
and charge on other securities in the account as described
elsewhere in the agenda note,
3, Ather usual undertaking C documents as per Bank?s norms
Pu!o)e 7or procurement o% raw material and spares,
Comm"))"on /,4<B p,a,
P!o2")o Branch to ensure that total a#ailment o% the Compan= is not more than its
assessed limits,

IV' 3ac"7"t9 B"77 D")count"n$ un#e! P!"me Ban= LC +out)"#e Con)o!t"um-
L"m"t Rs, 2//,// crores UE(istingV
Secu!"t9 )ocumentar= )emand and/or sance Bills drawn under L/Cs ha#ing
ma(imum tenor o% &M/ da=s o% RA bills,
Secu!"t9
Document)
As per Bank 6uidelines
Pu!o)e )iscounting o% bills under LC %or work done b= the compan= %or 8!F
:/s AC! "ollwa=s !#t, Ltd,
Rate of Inte!e)t Base Rate i,e, &/,'<B p,a, +%loating-@ subject to monthl= rests
Base Rate is subject to change as per RB9 / Bank guidelines %rom
time to time,
Comm"))"on /
Othe! Cha!$e)
As per Bank 6uidelines
Pe!"o# &' months
Othe! te!m) C con#"t"on) as applica#le:
&' A!o2e# RR /TR
Ad#ance shall be allowed against Railwa= Receipts/ "ransport Receipts issued b=
"ransport Companies@ whose name appears in the appro#ed list issued b= 9ndian
BanksS Association %rom time to time,
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

36/64
SME LOAN FACTORY, LUCKNOW
0' Genu"ne T!a#e B"77)
Ad#ance shall be allowed against genuine trade bills representing goods in which
the part= deals regularl= and the bills drawn on associate/ allied concerns shall not
be purchased/ discounted,
5' C!e#"t Reo!t of D!aBee)
9n case o% usance bills@ the specimen signatures o% the drawees dul= attested b=
their bankers shall be obtained and kept on record along with the credit report o%
the drawees
1' Reco2e!9 of out of Poc=et E*en)e)
Aut o% pocket e(penses incurred b= the Bank/ interest in case o% returning o% bills
shall be reco#ered as per the Bank?s schedule o% ser#ice charges as amended %rom
time to time,
8' Su79 to Go2t' Dea!tment / PS:)
!ower o% Attorne= shall be got registered with the respecti#e 6o#ernment
)epartment/ ndertaking/ Corporation to ensure direct pa=ment in case o% suppl=
to such bu=ers,
6' Va7uat"on of Stoc=)
"he #aluation o% goods as mentioned in the accompan=ing in#oice shall also be
#eri%ied to see that there is no o#er$#aluation o% stocks,
/' Su4.7"m"t fo! #!aBee
8ub limit %or each drawee shall be %i(ed in consultation with Regional A%%ice,
?' D")4u!)ement fo! B"77) un#e! LC
"he proceeds o% the bills shall be released to the borrower onl= a%ter getting con%irmation
%rom the LC issuing Bank that the LC has been issued b= them and that the= will make
pa=ment on due date,
Ather !ro#iso*
7acilit= is to be allowed with recourse to the drawer,
Bill )iscounting will be allowed onl= a%ter*
"he bills are accepted b= the L/C issuing bank %or pa=ment on the due date,
Branch satis%ies itsel% through independent and discrete inDuir= about the
genuineness o%
+A-Letter o% Credit
+B-Bills being )iscounted
+C-Ad#ice o% acceptance
Branch obtains an irre#ocable con%irmation that
Bills as tendered ha#e been accepted under L/ C
9ts due date has been con%irmed,
L/C issuing bank shall without demand remit the proceeds o% the bills to our
bank on the due date,
Branch should #eri%= and satis%= itsel% that@ the bills has arisen out o% and is backed
b= genuine trade transactions,
Branch should e(ercise utmost care and caution in dealing with L/Cs and
con%irmation and acceptance letter,
Branch to ensure that on due date the proceeds are recei#ed /collected %rom the
L/C issuing bank without dela=,
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SME LOAN FACTORY, LUCKNOW
Branch should not discount the bills bearing the without recourse clause,
Accommodation bills will not be discounted b= the branch, "he underl=ing trade
transactions should clearl= identi%ied and proper records thereo% maintained in the
branch conducting the bills business,
"he bills tendered %or discounting are without discrepancies and all the laid down
norms /sa%eguards %or such transactions are %ull= complied with,
9nstructions con#e=ed #ide CABR Circular NA, 32/&42 dated /M,&/,'//& and
3./<2 dated /4,/2,'//' should be %ollowed scrupulousl=,
"he %acilit= shall not be allowed against e(pire/restricted L/C,
Branch will obtain the Credit report o% the bu=ers %rom their respecti#e bank,
Branch shall not discount bills i% the pa=ment %rom the LC issuing Bank is pending
be=ond due date,
NAC %rom the consortium %or %urther allowing the abo#e %acilities outside the
consortium is to be obtained,
Bill )iscounting %acilit= will be allowed against LC issued b= prime bank,
Othe! Te!m) C Con#"t"on)
a, Branch to ensure that Consortium meetings to be held periodicall= at regular inter#als,
b, Branch to ensure compliance o% e(tant guidelines o% the Bank regarding Consortium /
Banking in terms o% circular nos, BCC*BR*&/<*2'3 dated /',/M,'/&2 and
BCC*BR*&/.*.0' dated '0,&','/&',
c, Bills )iscounting %acilit= is to be allowed onl= against LC o% !rime Banks,
d, Be%ore release o% our charge on the accrued cut$back 7)Rs*
i, Legal Report o% the propert= in terms o% title and marketabilit= and its #aluation is
satis%ied upon,
ii, EDuitable mortgage o% the propert= is created in %a#our o% the Consortium Banks,
e, An= other terms and conditions as per sanction note o% the Lead Bank are to be
complied b= the Compan=,
A77 e*o)u!e )ha77 a7)o 4e co2e!e# 49 fo77oB"n$ )ecu!"t"e):
No' Pa!t"cu7a!)
A' P!"ma!9
& 7irst charge on Current Assets o% the Compan= %or all its project on pari passu basis with all
lenders
' Cash :argin on Bank 6uarantee G <,//B
B' Co77ate!a7
& EDuitable :ortgage o% landed propert= at Lhasra No, 22@ 6ata No, <'/ La admeasuring
M&00M sD, %t, at Fill, Bildauwa@ Iard$4 !argana :ohanlalganj@ Lucknow standing in the
name o% :rs, 8uman 8ingh
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SME LOAN FACTORY, LUCKNOW
' EDuitable :ortgage o% Commercial propert= situated at B$3@ Fibhuti Lhand@ 6omti Nagar@
Lucknow standing in the name o% :/s, Apco 9n%ratech Ltd,@ admeasuring &<'/,23 sD, %t,
2 EDuitable :ortgage o% residential propert= at </&&4@ Fina= Lhnad@ 6omti Nagar@ Lucknow in
the name o% :rs, 8uman 8ingh@ admeasuring 2M4. sD, %t,
. EDuitable :ortgage o% propert= situated at Arzi Bhoomi no, 2''@ Fillage :anjha Eamthara@
Ha#eli A#adh@ 7aizabad standing in the name o% :r, Findh=achal Nada# C :r, Finod Lumar
8ingh admeasuring &M&&/ sD, %t,
< EDuitable :ortgage o% propert= situated at B$&/&./)$&@ Lanpur Road 8cheme@ Lucknow@
standing in the name o% :r, R, A, Nada#@ admeasuring .'/3 sD, %t,
0 EDuitable :ortgage o% landed propert= at !lot No, '<0@ :auja Lhojanput Lausalpuri@
!argana$ Haweli Awadh@ 7aizabad@ admeasuring &3'/ 8D, %t,@ standing in the name o% :r,
)e# Bu( 8ingh
4 Lien on 7)R o% Rs, /,<M0< lacs taken in lieu o% the propert= at 8hekhapur@ Aliganj
M Lien on 7)R worth Rs, /,2/ lacs on pari passu basis with other consortium members
3 Additional propert= ha#ing realizable #alue +as on date o% acceptance- o% more than &&/B
o% the cut back deposits o% accrued #alue o% Rs, &<,4& crores presentl= a#ailable with the
Lead Bank@ in place o% the cutback 7)Rs,
Name of Gua!anto!):

No' Name PAN
& Anil Lumar 8ingh AF6!8./<.H
' Finod Lumar 8ingh A6A!8''/'6
2 Rajesh !ratap 8ingh A6A!8''&&H
. 8uman 8ingh A6A!8''/2H
< Findh=achal Nada# AA7!N2&03)
0 Ram Awadh Nada# ABA!N/432L
4 )e# Bu( 8ingh A6A!8''&'E
("e en"anced facilities 'ould #e released onl after:
E(ecution o% documents@ #eri%ication o% documents b= our Bank?s legal Cell and
recti%ication o% all the irregularities@ i% an=@ pointed out therein,
"he compan= pa=s the charges as per Bank guidelines / concessions appro#ed,
"hat Bank?s charges on all securities will be created/e(tended to co#er all the %acilities,
"hat the compan= bringing in the reDuisite margin %or working capital %acilities,
"he consent o% the compan= is recei#ed on the terms and conditions o% sanction,
Compan= to submit*
!eriodical #aluation o% the properties@ which would be carried out b= an empanelled
#aluer o% the bank@ as per e(tant guidelines o% the bank and the cost will be borne b= the
compan=,
"he compan= ha#e to submit necessar= in%ormation/%inancial data accordingl=,
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SME LOAN FACTORY, LUCKNOW
O()*R (*R+S AND CONDI(IONS:
&'Pena7 Inte!e)t:
9n terms o% the current instruction %rom RB9@ the bank ma= charge penal interest G'B p,a,
abo#e the rate applicable to cash credit account@ subjects to the ma(imum stipulated b= RB9
%rom time to time on the entire outstanding in the account+s- under the %ollowing
circumstances and &B p,a, %or non %ul%illment o% an= borrowing co#enants,
a, 9rregularities in Cash Credit account+s- G'B
0' Su4m"))"on of )tatement):
8tock statement and Book debt statement,
"he compan= has to submit stock and book debt statement on monthl= basis and
between the %irst and tenth da= o% succeeding month %or calculation o% )! and also book
debt statement on Duarterl= basis dul= certi%ied b= chartered accountants,
&' Va7uat"on of Stoc=) A Sto!e) etc:
RaB Mate!"a7): $ At cost@ current market rates@ 6o#ernment control rates or in#oice
rates@ whiche#er be lowest,
Stoc= "n P!o$!e)): . Raw materials at cost plus %actor= o#erheads,
3"n")he# Goo#): . At cost@ market rate@ 6o#ernment controlled rate@ compan=?s selling
price@ whiche#er is the lowest,
0' In)ect"on:.
Huarterl= or o%ten at the Bank?s discretion or as decided b= the consortium, "he joint
inspection o% the unit will be carried out once in si( months, "he inspection charges and
other incidental e(penses incurred b= the bank will be borne b= the compan=,
6' In)u!ance :.
H=pothecated securit= should be kept %ull= insured against %ire and such other risks as
ma= be reDuired b= the Bank and the original policies should be submitted to the lead
Bank and copies to member Banks in the consortium %or their record, 9nsurance policies
should contain the Bank mortgage clause, +insurance on construction material and work in
progress is wai#ed-, Branch to obtain prescribed undertaking %rom the compan= %or wai#er
o% insurance,
/' Re$")t!at"on of Cha!$e:.
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SME LOAN FACTORY, LUCKNOW
a- "he Bank charge on basis o% securit= documents e(ecuted should be %iled with R,A,C
within the stipulated time o% $2/$ da=s and registration thereo% will be pursued acti#el=,
b- "he Borrower shall pa= on demand to the participating Bank/ banks the cost between
8olicitors/ ad#ocate/ Compan= 8ecretaries and client@ incurred b= them or an= o% them
in connection with the creation/ registration o% this securit= and certi%icate o% charge
thereo% with Registrar o% Companies@ complication o% 8earch/ 8tatus Reports and/or
other matter incidentall= arising out o% or in connection with this transaction o% the
borrower with the Bank,
i, "he Compan= shall %urnish to the Bank e#er= =ear $2$ copies o% audited/ printed
balance sheet and pro%it and loss accounts statements o% the compan= immediatel= on
these being published/signed b= the auditors@ along with the usual renewal particulars,
ii, "he Compan= shall %orward hal% =earl= balance sheet and pro%it and loss account
statements within two months %rom the end o% the hal%$=ear and annual audited
accounts within $2$ months,
iii, "he compan= shall maintain a minimum net working capital o% '<B on current assets,
M, Negati#e Lien*$"he Compan= should not create@ without prior consent o% the Bank@
charges on their an= or all properties or assets during the currenc= o% the credit %acilities
granted b= bank/ consortium banks,
3, !enal interest G 'B to be charged as per bank?s rules on de%ault/non$compliance o% an=
o% the terms C conditions and non$ submission o% stock/book$debt C %inancial statements
within due time,
&/, Compan= to con#ert share application mone= into %ull= paid shares be%ore release o%
enhanced %acilities,
&&, !art= to displa= bank?s sign board in the premises o% the compan= at appropriate place,
&', Bank reser#es the right to discontinue the %acilities/ ad#ances/ Loan and to
withhold/8top an= disbursement without gi#ing an= notice in case o% non compliance/
breach o% an= other terms and conditions stipulated therein %rom time to time as also in
the rele#ant documents as well as in case an= in%ormation /particulars %urnished to the
Bank is %ound to be incorrect or in case o% an= de#elopment or situation wherein the
opinion o% the Bank @ its interest will be / is likel= to be prejudiciousl= a%%ected b= such
condition o% disbursement,
&2, !rocessing@ documentation@ inspection C commitment charges +i% applicable- and up%ront
%ee@ C9B9L Charges@ CER8A9 Charges@ 9nspection Charges@ etc, to be reco#ered %rom time
to time as per bank?s norms e(cept to the e(tent o% concessions allowed,
&., !roper books o% accounts@ stock register and records o% machineries are to be maintained
as per the Bank?s reDuirements and to be made a#ailable to the Bank during inspection,
&<, "he %acilities are sanctioned %or a period o% &' months, Renewal o% %acilities will be
subject to satis%actor= conduct and per%ormance %or which the reDuired in%ormation
+%inancial statements etc,- should be submitted b= the borrower two months be%ore the
due date,
&0, 9n case o% loans sanctioned %or purchase o% assets@ pa=ments will be made directl= to the
supplier,
&4, An= sale/job work transactions with the associate concerns should be at the pre#ailing
market rates,
&M, 9n case o% an= short%all/contingenc=@ the borrower should arrange additional %unds %rom
the own sources,
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SME LOAN FACTORY, LUCKNOW
&3, "he terms and conditions are subject to change %rom time to time,
'/, "he %irm shall undertake that during the currenc= o% the Bank?s credit %acilities it would
not@ without the permission o% the bank in writings*
a, E%%ect an= change in their capital structure@ )epreciation method and accounting
procedure etc,
b, 7ormulate an= scheme o% merger@ acDuisition/ amalgamation/ reconstitution,
c, ndertake guarantee obligations on behal% o% an= other compan=@ %irm or
person,
d, ndertaking an= new project schemes without obtaining the bank?s prior consent
unless the e(penditure on such e(pansion etc@ or %or long term %unds recei#ed %or
%inanciang such new projects or e(pansion,
e, 9n#est b= wa= o% share capital in or lend or ad#ance %unds to or place deposited
with an= other concern, Normal trade credit@ securit= deposits in the usual courses o%
business or ad#ance to emplo=ees etc, are howe#er@ not co#ered b= this co#enant,
%, Enter into borrowing arrangements either secured or unsecured with an= other
bank@ 7inancial institution@ compan= or other wise sa#e and e(cept the working capital
%acilities granted/to be granted b= the other consortium members banks@ under
consortium arrangements with the bank and the term loans proposed to be obtained
%rom %inancial institution/Bank %or completion o% the replacement$cum$modernization
program,
'&' )irectors o% the borrowing compan= will submit a declaration that the= are not related to
an= director o% our bank/an= other banking compan= or to an= sta%% o% our bank,
'', "he compan= should ensure and satis%= that all reDuired permission / appro#als /
licenses/ clearances under #arious laws/ rules ha#e been obtained b= them %rom the
competent authorities and the stipulated terms /pro#isions/ conditions thereo% are
complied with/obser#ed in totalit=, A suitable undertaking to keep such permissions
alwa=s #alid to be %urnished b= the compan=,
'2, Branch will not consider book$debts older than 3/ da=s while calculating drawing power
in the account,
'., "he compan= to pro#ide the means report %or all directors / guarantors e#er= =ear in
7orm No, &2< and details ha#e been gi#en in 7$&2< o% all directors / guarantors must be
supported b= #alid proo%, Branch to ensure,
'<, "he Bank will carr= out 9nspection o% securities at least on bi$monthl= basis and
necessar= charges will be born b= the compan=,
'0, "he account has to rated b= appro#ed E(ternal Rating agenc= e#er= =ear as per bank?s
guidelines and charges will be born b= the compan=,
'4, Branch to ensure that charges with RAC o% Banks e(ited %rom consortium is satis%ied
and our charges %or increased limits are registered with RAC ,
'M, "he compan= to pro#ide an undertaking %rom the compan= %or not a#ailing the channel
%inancing/9n#entor= %unding/ other %acilities %rom other Bank/ 79s,
'3, "he abo#e limit will be made a#ailable to the compan= a%ter e(ecution o% necessar=
joint securit= documents b= the compan= in %a#our o% bank,
2/, "he bank ha#e the right to e(amine the books o% accounts o% the compan= and to ha#e
their %actor=/site/god owns inspected %rom time to time b= o%%icers o% the bank and or out
side consultants@ including appointment o% concurrent auditors and the e(penses incurred
b= the bank in this regard will be born b= the compan=,
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SME LOAN FACTORY, LUCKNOW
2&, "he compan= shall not di#ert an= part o% working capital/term loan %or an= other
purpose including business o% associate concerns,
2', "he compan= to submit monthl= per%ormance o% sales along with the 8tock and book$
debt statements and audited Book$ )ebt statement on Duarterl= basis,
22, Compan= shall not go %or an= e(pansion/di#ersi%ication without prior permission o% the
Bank,
2., Compan= to raise / in%use %resh %und in the business in current as well as in ne(t
%inancial =ear to maintain acceptable proportion between eDuit= and borrowings as
projected,
2<, All securities charged to the Bank shall be comprehensi#el= insured possibl= under
banccasurance scheme,
20, Compan= to submit to the bank o% NAC %rom !ollution Control Board@ i% applicable,
24, "he compan= to route pro$rata business with our Bank,
2M, "he Compan= as well as guarantors to undertake to the e%%ect that no consideration
whether the wa= o% commission@ brokerage %ees or an= other %orm will be paid b= the
compan= or recei#ed b= the guarantors directl= or indirectl=@ where#er applicable,
23, "he compan= shall appoint as lead :anagers/ :anager/Co$ :anager/ Bankers to the
issue %or all its own as well as associate/sister concerns eDuit= debenture issue in %uture,
./, "he Compan= shall displa= Bank?s signboard in prominent places in the godown as also
in the %actor=/ sites,
.&, "he Compan= should not increase their in#estment/ make %urther ad#ances in %uture to
their subsidiaries / partnership %irms without Bank?s prior appro#al in writing, "he
Compan= will also be ad#ised to reduce their in#estment /ad#ances to the subsidiaries
/partnership %irms in the phased manner,
.', "he Bank will be entitled /authorized/permitted to reco#er %rom the Compan= the
guarantee %ees@ re%inance commission@ document #eri%ication %ees or an= other le#= or
charges pa=able to the Bank,
.2, "he Compan= unconditionall= and irre#ocabl= to agree as a condition o% the working
capital %acilities/ term loan e(tended b= the Bank o% Baroda that in case the Borrower
commits de%aults in repa=ment o% thee working capital/ term loan or an= o% them or in the
pa=ment o% interest thereon , e the Bank o% Baroda and/or the RB9 and/or C9B9L will ha#e
an unDuali%ied right to disclose or publish the name o% the Borrower and/or its directors as
de%aulter/s in such a manner and through such medium as Bank o% Baroda or the RB9 in
their absolute discretion the= ma= think %it,
.., "he Bank reser#es the right to withdraw@ modi%= or amend the "erms and conditions o%
loan/ad#ance and Bank would not be bound to disburse the %ull amount o% loan/ad#ance in
the e#ent o% an= %ailure on the part o% the Borrower n satis%=ing an= o% the terms and
conditions stipulated,
.<, Branch shall@ be%ore release o% enhanced limits ensure that account is regular C
8tandard with all other %inancing banks,
.0, "he charge shall be got %iled/modi%ied +as applicable- with the Registrar o% Companies
within the prescribed time limit and dul= registered,
.4, Branch to ensure %or recti%ication o% all pending inspection/audit irregularities@ i% an=,
.M, Branch to register the mortgage / e(tension o% mortgages with central registr=
+CER8A9- within the stipulated time,
.3, Branch to ensure end use o% %unds and compl= the guidelines as per circular no
BCC/BR/&/2/'' dated &M Ean '/&& in this regard
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SME LOAN FACTORY, LUCKNOW
</, 8tock/Book debt audit be conducted b= Chartered Accountant who is appro#ed b= lead
bank or on our panel@ once in a =ear, Howe#er@ i% credit rating in the account declines@
Bank reser#es the right to conduct stock/Book debt audit twice in a =ear irrespecti#e o%
amount o% limits sanctioned, "he charges %or the audit to be borne b= the borrower,
<&, Branch to ensure compliance o% Bank?s guidelines %or %inancing under consortium
agreement,
<', Branch to ascertain and satis%= upon*
&, "he reasons o% Allahabad Bank and 8tandard Chartered Bank e(iting the
consortium,
', Authenticit= o% the amount o% pledged 7)R o% stated amount o% Rs,M,<M Crs,
Accumulated b= &B cut back on each running bill pa=ment recei#ed b= the compan= since
sanction o% the %acilities under consortium arrangement,
<2, Branch to satis%= upon %unds in#ested outside business,
<., "he sanction is #alid %or a period o% $2$ months %rom the date o% sanction o% the Lead
Bank,
An= other terms C conditions o% sanction stipulated b= Lead Bank/other member bank C
%a#ourable to our bank shall also be applicable %or our credit %acilities,
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SME LOAN FACTORY, LUCKNOW
Anne*u!e I
Reco!# of Bu)"ne)) Tu!no2e!
From 01-04-2013 to 31-03-2014
Cash Credit
Particular Amount(Rs. in crores)
Cash Credit limit 40.00
Max. deit !alance "#.75
Minimum !alance Credit alance
Avera$e !alance %5.54
&nterest earned %.#4
Credit summations (01'04'%01" to "1'0"'%014) ".(%
)ra*in$ po*er as on "1.05.%014 40.00
Bill Discount:
Particular Amount(Rs. in crores)
limit "00.00
Max. deit !alance 155.67
Avera$e !alance 6"."7
&nterest earned 6.#4
Credit summations (01'04'%01" to "1'0"'%014) 17."4
d) Term Loans & Deferred Payment Guarantees
(Rupees in Crores)
Nature of
Limit
Limit
Sanctioned
Interest
earned
Present O/S
()
Overdues Rescedu!in"
done or not#
Remar$s
Inst!. Interest
Ni! Ni! Ni! No
e) %uarantee (oter tan Deferred Pa&ment)
Issued from '()'*)+'(, to ,()',)+'(* Purpose Outstandin"
No. of %uarantees. -ota!
Lia.i!it&
Comm.
earned
No. of %uarantees
Secured /nsecured Secured /nsecured
Financia!
5 (0.11 Performance (( +2.51
Oters
Period '()'*)+'(, to ,()',)+'(* (Rupees in crores)
Interest income +.3*
Oter car"es '.,1
-ota! income ,.,+
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SME LOAN FACTORY, LUCKNOW
4vera"e uti!i5ation +5.5*
&ie!d (,.'' 6
4mt. in crores
Faci!it& Limit Outstandin" as on
(0.'2.+'(*
Cas Credit *'.'' ,5.22
7i!! Discount ,''.'' (51.''
7an$ %uarantee (('.'' +2.51
Cas credit 8 7an$ %uarantee faci!ities are under consortium 7an$in" arran"ement and 7i!! discount
!imit is outside consortium.
7i!! discounted ear!ier as .een ad9usted on due date
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SME LOAN FACTORY, LUCKNOW
DUE DILIGENCE REPRT !as "er Lead Ban# $anction Note)
$N P%RTICUL%R$ RE&%R'$
(. Name of te 7orro:er / 4pp!icant
4PCO Infratec Ltd.
+. ;<istin" / Proposed 4ctivit&
Civi! Construction Contractor of Road and
i":a&s.
,. -&pe of .orro:er for :ic due di!i"ence is done.
(Ne: / ;<istin")
;<istin"
*. 7an$in" 4rran"ement
(So!e / Consortium / =u!tip!e 7an$in" 4rran"ement / >oint
Lendin" 4rran"ement)
Consortium
5. Promoter(s)? %uarantor(s) and %roup? if an&
Sri 4ni! @umar Sin"
2. ;<perience of te Promoter(s) in te !ine of e<istin" /
proposed activit&
+5 &ears
0. Detai!s of ;<istin" 7an$er(s) and dea!in" since
Consortium 7an$As
1. Scrutinisation of statement of 7an$ account of te .orro:er
for at!east 2 monts to ascertain conduct of account !i$e
vo!ume of transactions vis)B)vis unitAs turnover?
continuous/ freCuent overdra:in"? freCuent returnin" of
ceCues? repa&ment irre"u!arit& etc.
7orro:er is avai!in" Cas Credit and 7an$
%uarantee !imit :it LC su. !imit from our
.an$ and conduct of te account is
satisfactor&. No ceCues ave .een returned
in te past.
3. O.servation on scrutin& done in D)
(a) CIBIL / other credit information bureau
report,
(b) RBI defaulters list
(c) RBI caution list
(d) ECGC-Specic !ppro"al List,
(e) Credit Report of e#istin$ ban%er(s)
(f) Caution list issued b& 'BC (defaulters /
settled cases / declined cases etc()
a) CIBIL reports ha"e been
obtained and no ma)or
irre$ularit& has been reported in
case of compan& and its
directors(
b) *ame of compan& or its
directors does not feature in RBI
defaulters list of +,(-+(.-,+ and
caution list
c) *ame of compan& or its
directors does not feature in RBI
caution list list of +,(-+(.-,+(
d) *ame of compan& or its
directors does not feature in
ECGC S!L as on +,(-+(.-,+(
e) Conduct of account /ith other
member ban%s is satisfactor&(
f) *ame of compan& or its
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SME LOAN FACTORY, LUCKNOW
directors does not feature in
ECGC S!L as on +,(-+(.-,+(
('. O.servations made .& e<terna! ratin" a"encies in te Credit
Ris$ Ratin" Report of te .orro:er (:ere avai!a.!e)
;<terna! Credit Ratin" as .een o.tained
from C4R; :ic is 777)/Sta.!e for !on"
term.
((. Eerification of ROC records
(-rou" :e.siteD www.mca.gov.in)
ROC Searc Report as .een o.tained.
(+. O.servation on -a< Re"istration/ -a< pa&ments .& te
.orro:er suc as P4N/ -4N / Service -a</ E4-/ ;<cise
Dut& re"istrations (as app!ica.!e).
(Tax payment as applicable to the borrower in the past
shall be scrutinized for being in line with the business
activity of the borrower.)
Compan& as .een re"u!ar in depositin"
"overnment dues and Income -a< and E4-
pa&ments are in conformit& to
activit&/income of te compan&.
(,. Comments on /nit / Office visit conducted
(*. Names of mar$et reference contacted 8 teir opinion (:it
re!ation to te .orro:er / promoter/ "roup companies)
Name of
te
person
Name of te
firm/ compan&/
Promoter(s)/
%uarantor(s)
Re!ation /
Connection?
if an&? :it
te .orro:er
Sri
4.du!
Fai @an
=/s =era.
Lo"istics and
4vation Ltd.
Not re!ated.
(5. (In case of e<istin"/fres sanctions of Rs 5 Crore 8 a.ove)
-e audited financia! statements su.mitted to te 7an$ to
.e compared :it te !ast avai!a.!e financia! statements
fi!ed :it ROC.
(Major variations (if any) shall be analyzed along-with the
reasons and shall be reported to the sanctioning authority.
The matter shall be taen up with the borrower and
appropriate action to be initiated.)
4nnua! Report of +'(+)(, fi!ed :it ROC.
(2. O.tainin" information from pu.!ic domain suc as "oo"!e
and oter searc en"ine / C=I;)Pro:ess/information
avai!a.!e in ne:s paper etc.
On te .asis of perusa! of reports avai!a.!e
on o.c:e.? no adverse feature as .een
o.served.
(0. 4n& oter information re!ated to te part& :ic ma& e!p
in ta$in" credit decisions.
Promoters of te compan& ave ver& !on"
re!ationsip :it our .an$ datin" .ac$ to
+''+. No instance of irre"u!arit& in te
account as .een reported in te past
A/c M/s Apco Infratech Ltd., Hazratganj Branch, Lucknow

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