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 January 2007.
I. Automatic Route* |
|
|
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
CASHPOR Financial & Technical Services |
50,000 |
Onward/Sub-lending. |
4 years 11 months |
2 |
ECB |
Curans IT India Pvt. Ltd. |
78,949 |
Refinancing of old loans |
5 years 11 months |
3 |
ECB |
Highland House Pvt.Ltd. # |
2,000,000 |
Rupee Expenditure Loc.CG |
7 years 7 months |
4 |
ECB |
Artline (India) Pvt. Limited |
45,368 |
Import of Capital Goods |
4 years 7 months |
5 |
ECB |
LCP Building Products Pvt.Ltd. |
138,000 |
Project |
6 years 10 months |
6 |
ECB |
Sri Gajanan Agro Mills (India) Pvt.Ltd. # |
500,000 |
Project |
3 years 4 months |
7 |
ECB |
Hathway Cable and Datacom Pvt.Ltd. |
3,000,000 |
Import of Capital Goods |
6 years |
8 |
ECB |
Giltedge Enterprise (P) Ltd. # |
391,754 |
Other |
4 years 6 months |
9 |
ECB |
Varun Shipping Company Ltd. |
48,000,000 |
Import of Capital Goods |
10 years 10 months |
10 |
ECB |
Cadila Healthcare Limited |
6,504,697 |
Refinancing of old loans |
3 years |
11 |
ECB |
Northern Operating Services PVT.Ltd. # |
4,500,000 |
Project |
6 years 8 months |
12 |
ECB |
Cimnet Systems I Pvt.Ltd.# |
1,000,000 |
Rupee Expenditure Loc.CG |
6 years 11 months |
13 |
ECB |
Gummi Metall Technik (India) Pvt.Ltd. # |
910,658 |
Other |
10 years 9 months |
14 |
ECB |
Gujarat Pipavav Port Limited |
7,099,992 |
Modernisation, Port |
3 years |
15 |
ECB |
Indiamalt Pvt Ltd |
2,601,879 |
Project |
3 years 6 months |
16 |
ECB |
MCC PTA India Corp.Pvt.Ltd. |
71,074,378 |
Rupee Expenditure Loc.CG |
7 years 11 months |
17 |
ECB |
Medley Pharmaceuticals Ltd. |
3,950,000 |
Project |
5 years |
18 |
ECB |
Roechling Engineering Plastics (I) Pvt L |
225,063 |
Project |
5 years |
19 |
ECB |
Kaico Deer Abrasive Pvt.Ltd. |
500,000 |
Modernisation |
3 years |
20 |
ECB |
MCC PTA India Corp.Pvt.Ltd. |
114,000,000 |
Import of Capital Goods |
9 years 7 months |
21 |
ECB |
Communication Test Design India (P) Ltd # |
1,000,000 |
Rupee Expenditure Loc.CG |
5 years |
22 |
ECB |
Eicher Motors Ltd. |
11,000,000 |
Modernisation |
5 years 5 months |
23 |
ECB |
IP Softcom (India) Pvt. Ltd # |
116,980 |
Rupee Expenditure Loc.CG |
4 years 4 months |
24 |
ECB |
Steelcast Ltd. |
910,658 |
Modernisation |
3 years 1 month |
25 |
ECB |
SEP Energy Pvt. Ltd. |
500,000 |
Project |
10 years 1 month |
26 |
ECB |
Killian Eco Tourism Pvt.Ltd. # |
1,561,127 |
Project |
26 years 7 months |
27 |
ECB |
Tieto Enator Technologies Pvt Ltd |
1,300,939 |
Modernisation |
3 years 2 months |
28 |
ECB |
Rittal India Pvt.Ltd. |
1,300,939 |
Modernisation |
5 years |
29 |
ECB |
Allied Nippon Ltd. |
4,228,053 |
Project |
5 years 1 month |
30 |
ECB |
SouthIndian Feded.Of Fishermen Societies |
260,188 |
Onward/Sub-lending. |
4 years 5 months |
31 |
ECB |
Ruthinium Dental Products Pvt. Ltd |
100,000 |
Modernisation |
5 years 3 months |
32 |
ECB |
Menshen Ropa Plastics Pvt.Ltd. |
234,429 |
Modernisation |
3 years |
33 |
ECB |
KKP Textiles Ltd |
1,820,000 |
Modernisation |
5 years 1 month |
34 |
ECB |
KMT Producation Machinery India Pvt. Ltd |
650,470 |
Project |
3 years |
35 |
ECB |
Grasim Industries Ltd. # |
30,056,370 |
Modernisation, Capital Expenditure |
4 years 7 months |
36 |
ECB |
ABG Heavy Industries Ltd. |
8,203,724 |
Import of Capital Goods |
7 years 9 months |
37 |
ECB |
Appu Hotels Ltd. # |
10,000,000 |
Project |
9 years 1 month |
38 |
ECB |
Halcrow Consulting India Ltd. # |
338,352 |
Roads,Power,Railways & Ports |
4 years |
39 |
ECB |
Interplex Electronics India Limited |
1,500,000 |
Project |
7 years 11 months |
40 |
ECB |
Housing Development Finance Corpn.Ltd. |
200,000,000 |
Refinancing of old loans |
4 years 6 months |
41 |
ECB |
Featherlite office Systems Pvt.Ltd. |
3,578,139 |
Project |
4 years 11 months |
42 |
ECB |
Cross Byrne Design Studios Pvt.Ltd. # |
1,000,000 |
Rupee Expenditure Loc.CG , import of cap. goods |
8 years 11 months |
43 |
ECB |
Haldiram Snacks Pvt Ltd |
10,703,213 |
Project |
5 years 3 months |
44 |
ECB |
Usha Martin Ltd |
48,948,554 |
Modernisation |
6 years 5 months |
45 |
ECB |
Balrampur Chini Mills Ltd. |
14,684,566 |
Rupee Expenditure Loc.CG |
5 years |
46 |
ECB |
The Great Eastern Shipping Co. Ltd. |
45,000,000 |
Import of Capital Goods |
11 years 5 months |
47 |
ECB |
Plastic Export Zundert (I)Pvt. Ltd. |
260,188 |
Rupee Expenditure Loc.CG |
7 years 11 months |
48 |
ECB |
INA Bearings India Pvt.Ltd. |
7,500,000 |
Modernisation |
5 years 6 months |
49 |
ECB |
Singapore Realty Pvt Ltd # |
100,000 |
Other |
3 years |
50 |
ECB |
Rane (Madras) Ltd. |
3,240,296 |
Project |
5 years |
51 |
FCCB |
Shrenuj & Company Ltd. |
15,000,000 |
Overseas Acquisition |
5 years 6 months |
52 |
ECB |
Hutchison Essar Ltd. |
14,853,439 |
Telecommunications |
5 years |
53 |
ECB |
Hutchison Essar South Ltd. |
168,338,972 |
Telecommunications |
5 years |
54 |
FCCB |
ERA Constructions (India) Ltd. # |
75,000,000 |
Rupee Expenditure Loc.CG |
5 years |
55 |
ECB |
Wrigley India Pvt. Ltd. |
5,000,000 |
Modernisation |
3 years |
56 |
ECB |
CASHPOR Micro Credit # |
230,000 |
Cover Operating Expenses |
6 years 10 months |
57 |
ECB |
Jotun India Private Ltd |
3,000,000 |
Project |
5 years 11 months |
58 |
ECB |
Ocean Sparkle Ltd |
15,564,202 |
Import of Capital Goods |
9 years 7 months |
59 |
ECB |
Harsha Engineers Pvt. Ltd. |
2,500,000 |
Modernisation |
5 years |
60 |
ECB |
Pharma Base India Private Limited |
2,000,000 |
Project |
4 years |
61 |
ECB |
Fascel Limited |
39,609,170 |
Telecommunications |
5 years |
62 |
ECB |
Aircel Digilink India Ltd.. # |
74,267,193 |
Telecommunications |
3 years 11months |
63 |
ECB |
Jaiprakash Associates Ltd. |
38,000,000 |
Power Project |
9 years 11 months |
64 |
ECB |
Widerthan India Pvt. Ltd. |
760,000 |
Import of Capital Goods,Rupee Exp, |
3 years |
65 |
ECB |
Salcomp Manufacturing India Pvt.Ltd. |
2,601,879 |
Project |
3 years 4 months |
66 |
ECB |
UltraTech Cement Ltd. |
40,000,000 |
Rupee Expenditure Loc.CG, Imp.of cap. goods |
5 years |
67 |
ECB |
Coral Telecom Ltd. |
2,300,000 |
Rupee Expenditure Loc.CG |
4 years 11 months |
68 |
ECB |
GKB Hitech Lenses Pvt. Ltd. |
1,090,000 |
Project |
5 years |
69 |
ECB |
Aftek Ltd. |
7,805,637 |
Project |
5 years |
70 |
ECB |
Oetiker India Pvt Ltd |
3,213,678 |
Project |
10 years 9 months |
71 |
ECB |
Automotive Axles Ltd |
2,181,645 |
Import of Capital Goods |
5 years 9 months |
72 |
ECB |
SML Labels (India) Pvt. Ltd. # |
800,000 |
Project |
2 years 11 months |
73 |
ECB |
Young Kwang Industries Pvt Ltd |
1,300,939 |
Project |
4 years 11 months |
74 |
ECB |
Kalinga Hospital Ltd. # |
448,833 |
Modernisation |
7 years 9 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 |
Japan CBM Corporation (India) Pvt.Ltd |
45,767 |
Rupee Expenditure Loc.CG |
3 years 3 months |
2 |
ECB |
Wells Fargo India Solution Pvt.Ltd. |
5,000,000 |
Project |
5 years 10 months |
3 |
ECB |
Media Star Pvt.Ltd. |
222,000 |
Imports of Books |
3 years |
4 |
ECB |
Kingfisher Airlines Limited |
28,000,000 |
Import of Capital Goods |
7 years 11months |
5 |
ECB |
CMS Computers Ltd. |
12,000,000 |
Rupee Expenditure Loc.CG |
5 years 3 months |
6 |
ECB |
Export-Import Bank of India |
50,177,163 |
Onward/Sub-lending. |
5 years |
7 |
ECB |
Caterpillar India Private Ltd. |
9,000,000 |
Working Capital |
3 years |
|