The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of February 2007.
| I. Automatic Route* |
|
|
| Sr. No. |
ECB / FCCB |
Borrower |
Equivalent
Amount in
USD |
Purpose |
Maturity
Period (Aprx) |
1 |
ECB |
Shewalkar Developers Ltd. # |
4,000,000 |
Other, project, repayment of loan |
9 years 11 months |
2 |
ECB |
Prasad Corporation (P) Ltd. # |
500,000 |
Import of Capital Goods |
4 years |
3 |
ECB |
Fabritex Exports (P) Ltd. |
100,000 |
Modernisation |
5 years |
4 |
ECB |
Fabritex Exports (P) Ltd. |
200,000 |
Modernisation |
3 years |
5 |
ECB |
Lenovo India Private Ltd # |
2,044,711 |
Other |
3 years |
6 |
ECB |
Radiance Software Private Ltd # |
195,923 |
Rupee Expenditure Loc.CG |
5 yearfs 1 month |
7 |
ECB |
Endurance Technologies Pvt.Ltd. |
4,768,217 |
Modernisation |
4 years 9 months |
8 |
ECB |
Dishman Pharmaceuticals and Chemicals Lt |
12,553,505 |
Rupee Expenditure Loc.CG ,
Investments in WOS |
6 years |
9 |
ECB |
Walvoil Fluid Power (India) Pvt.Ltd. |
1,961,485 |
Rupee Expenditure Loc.CG |
7 years |
10 |
ECB |
Bericap India Pvt. Ltd |
366,144 |
Project |
3 years 11 months |
11 |
ECB |
Genix Automation Pvt Ltd |
47,900 |
Project |
3 years |
12 |
ECB |
East West Seeds India Pvt. Ltd. |
400,000 |
Modernisation |
7 yeas 8 months |
13 |
ECB |
Singapore Realty Pvt Ltd # |
3,260,938 |
Development of Integrated Township |
4 years |
14 |
ECB |
Addesso Pelle Pvt Ltd |
457,680 |
Modernisation |
6 years 11 months |
15 |
FCCB |
Ruchi Infrastructure Ltd. |
40,000,000 |
Modernisation |
5 years |
16 |
ECB |
Raymond Ltd. |
9,762,821 |
Rupee Expenditure Loc.CG |
3 years 6 months |
17 |
ECB |
Mutual Industries Ltd. |
3,000,000 |
Modernisation |
5 years 9 months |
18 |
ECB |
Ghaziabad Precision Products Pvt. Ltd. |
1,163,815 |
Modernisation |
5 years 5 months |
19 |
FCCB |
Adani Enterprises Limited # |
250,000,000 |
Other |
5 yeasrs 6 months |
20 |
ECB |
Ashok Leyland Limited |
25,000,000 |
Capital Expenditure |
6 years 6 months |
21 |
ECB |
Daetwyler Graphics India Pvt. Ltd. # |
885,848 |
Project, Modernisation |
4 years 10 months |
22 |
ECB |
Heritage Foods (India) Ltd. # |
15,420,000 |
Project, Expansion |
6 years 8 months |
23 |
ECB |
Fleetguard Filters Pvt. Ltd. |
2,244,400 |
Project |
5 years |
24 |
ECB |
Cera Sanitaryware Ltd. |
3,500,000 |
Project |
5 years 1 month |
25 |
ECB |
John Energy Ltd |
15,000,000 |
Import of Capital Goods |
5 years 11 months |
26 |
ECB |
Prakash Steelage Ltd |
3,500,000 |
Project |
5 years |
27 |
FCCB |
Rajesh Exports Ltd. # |
150,000,000 |
Modernisation |
5 years |
28 |
ECB |
Mutual Industries Ltd. |
5,021,555 |
Modernisation |
4 years 9 months |
29 |
ECB |
Balrampur Chini Mills Ltd. |
10,050,573 |
Rupee Expenditure Loc.CG |
5 years 11 months |
30 |
ECB |
TIBCO Software India Pvt. Ltd. # |
1,000,000 |
Modernisation |
3 years |
31 |
ECB |
Seyang Automotive India Pvt Ltd |
2,000,000 |
Rupee Expenditure Loc.CG |
4 years |
32 |
FCCB |
Grabal Alok Impex Ltd. |
25,000,000 |
Modernisation, acquisition abroad |
5 yeasrs 1 month |
33 |
ECB |
Bajaj Hindusthan Sugar And Industries Lt |
130,000,000 |
Import of Capital Goods,Rupee Exp.,
Project,Modernisation |
9 years 11 months |
34 |
ECB |
Rajshree Sugars & Chemicals Ltd. |
29,853,187 |
Project |
6 years 5 months |
35 |
ECB |
Binani Cement Ltd. |
9,370,000 |
Import of Capital Goods |
7 years 6 months |
36 |
ECB |
Emami Biotech Pvt. Ltd. |
17,500,000 |
Project |
7 years 5 months |
37 |
ECB |
Enkei Castalloy Ltd. |
2,487,766 |
Modernisation - Procurement
of Machinary |
4 years 6 months |
38 |
ECB |
ABAS Technologies Pvt. Ltd. # |
29,532 |
Project |
3 years 1 month |
39 |
ECB |
Bellsonica Auto Component India Pvt. Ltd |
6,634,042 |
Project |
14 years 10 months |
40 |
ECB |
Malwan Hotels Pvt Ltd # |
8,816,549 |
Project |
6 years |
41 |
ECB |
Ballarpur Industries Limited. |
20,000,000 |
Overseas Acquisition |
6 years 11 months |
42 |
ECB |
Mithros Chemicals Pvt.Ltd. |
130,766 |
Modernisation |
9 years 1 month |
43 |
ECB |
Strides Arcolab Limited |
15,000,000 |
Rupee Expenditure Loc.
CG - Capital Expansion Programme |
6 years 11 months |
44 |
ECB |
Tamil Nadu Newsprint and papers Ltd. |
5,027,360 |
Modernisation |
5 years |
45 |
ECB |
Sharda Motor Industries Ltd. |
7,500,000 |
Modernisation |
5 years |
46 |
ECB |
Daechang India Seat Company Pvt. Ltd. |
1,300,000 |
Project |
3 years |
47 |
FCCB |
Kalindee Rail Nirman (Engineer) Ltd. |
7,000,000 |
Project - Railway |
5 years 3 months |
48 |
ECB |
Sampurnam Hosieries Impex (P) Ltd |
201,329 |
Modernisation |
4 years 10 months |
49 |
ECB |
Shasun Chemicals & Drugs Ltd. |
5,948,531 |
Modernisation |
5 years 1 month |
50 |
ECB |
Pragmacs Financial Services (P) Ltd # |
100,000 |
Project - Urban Infrastructure |
6 years |
51 |
FCCB |
Suryajyoti Spinning Mills Ltd. |
10,000,000 |
Project , Modernisation |
5 years 5 months |
52 |
ECB |
Mutual Industries Ltd. |
6,000,000 |
Modernisation |
5 years 9 months |
53 |
ECB |
Gulbrandsen Technologies (India) Pvt.Ltd |
650,000 |
Capital Expenditure-Expansion |
3 years 7 months |
54 |
ECB |
Finolex Cables Ltd. |
29,935,284 |
Modernisation |
5 years 6 months |
55 |
ECB |
Pioneer Embroideries Ltd. |
2,000,715 |
Project |
5 years |
56 |
ECB |
Korea Fuel-Tech India Pvt Ltd |
3,269,142 |
Project, Import of Capital |
3 years |
57 |
ECB |
News Outdoor India Pvt Ltd # |
2,000,000 |
Project |
4 years |
58 |
ECB |
RLE India Pvt Ltd |
261,531 |
Modernisation |
3 years 7 months |
59 |
ECB |
Tata Autocomp Systems Ltd |
15,000,000 |
Modernisation |
5 years |
60 |
ECB |
The Great Eastern Shipping Co. Ltd. |
10,275,268 |
Refinancing of old loans |
2 years 8 months |
61 |
ECB |
Emcure Pharmaceuticals Limited |
5,000,000 |
Project |
5 years 5 months |
62 |
ECB |
Intelenet Global Services Pvt Lt |
10,000,000 |
Project |
4 years 5 months |
63 |
FCCB |
Reliance Communications Ltd |
500,000,000 |
Import of Capital Goods,
Rupee Exp.,Telecomm. |
5 years |
64 |
ECB |
The Great Eastern Shipping Co. Ltd. |
40,093,693 |
Capital Acquisition |
9 years 11 months |
65 |
FCCB |
Orchid Chemicals & Pharmaceuticals Ltd.# |
200,000,000 |
Project,Modernisation,
Repayment of Loans |
4 years 11 months |
66 |
ECB |
Suncity Projects Private Ltd |
150,000,000 |
Modernisation |
6 years 2 months |
67 |
ECB |
Reliance Industries Ltd. |
200,000,000 |
Modernisation |
7 years 4 months |
68 |
FCCB |
Aksh Optifibre Ltd. |
8,750,000 |
Modernisation, Telecommn. |
3 years 3 months |
69 |
ECB |
Industrias Del Recambio India Pvt.Ltd. |
1,961,485 |
Modernisation |
3 years 11 months |
70 |
ECB |
Otsuka Chemical (India) Ltd. |
4,146,276 |
Project |
4 years 7 months |
71 |
ECB |
Asahi India Glass Ltd. |
14,600,000 |
Modernisation |
10 years 5 months |
72 |
ECB |
NVH India Auto Parts Pvt. Ltd. |
3,000,000 |
Project |
3 years |
73 |
ECB |
Cords Cable Industries Ltd |
5,600,000 |
Modernisation |
5 years 11 months |
74 |
ECB |
CESC Ltd. |
15,000,000 |
Rupee Expenditure Loc.CG |
6 years 11 months |
75 |
ECB |
CESC Ltd. |
50,000,000 |
Rupee Expenditure Loc.
CG -Power |
11 years 5 months |
76 |
FCCB |
Flex Industries Ltd |
85,000,000 |
Rupee Expenditure Loc.CG ,
Modernisation,Overseas Invt. |
5 years |
77 |
ECB |
Bilcare Limited |
19,514,033 |
Overseas Acquisition |
5 years 3 months |
78 |
ECB |
India Gypsum Limited |
10,282,765 |
Project |
7 years |
79 |
ECB |
Bajaj Hindusthan Sugar And Industries Lt |
15,000,000 |
Rupee Expenditure Loc.CG ,
Modernisation,Import of Cap |
6 years 11 months |
80 |
ECB |
Ballarpur Industries Limited. |
9,757,017 |
Import of Capital Goods |
4 years 11 months |
| *: Based on Form 83 submitted for allotment of loan registration number. |
| #: Clarification sought from the company in regard to conformity to end-use requirement, eligibility of borrower and other parameters of ECB. |
Annex II
| II. Approval Route |
| Sr. No. |
ECB / FCCB |
Borrower |
Equivalent
Amount in USD |
Purpose |
Muturity
Period (Aprx) |
| 1 |
ECB |
Jet Airways (I) Ltd |
177,500,000 |
Import of Capital Goods |
12 years 8 months |
| 2 |
ECB |
Infrastructure Development Finance Com. |
75,000,000 |
Onward/Sub-lending. |
9 years 10 months |
| 3 |
ECB |
Royal Castor Products Ltd |
450,000 |
Modernisation |
7 years 8 months |
| 4 |
ECB |
Chowgule Steamships Limited |
30,000,000 |
Import of Capital Goods |
8 years 2 months |
| 5 |
FCCB |
Indian Railway Finance Corporation Ltd. |
124,388,280 |
Rupee Expenditure Loc.CG |
5 years |
| 6 |
FCCB |
Reliance Communications Ltd |
500,000,000 |
Import of Capital Goods,
Rupee Exp.,Telecomm. |
5 years |
|
