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 July 2007. |
Data on External Commercial Borrowings / FCCB - July 2007 |
I. Automatic Route* |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
Morganite Crucible India Ltd |
1,525,174 |
Modernisation |
3 years 9 months |
2 |
ECB |
Dhayanart Painting & Canvas Pvt.Ltd. |
144,008 |
Project |
8 years 7 months |
3 |
ECB |
Metaflex Doors India Pvt. Ltd. |
274,301 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
3 years 9 months |
4 |
ECB |
Lubrizol Advanced Materials India Pvt.Lt |
3,428,758 |
Project |
3 years 3 months |
5 |
ECB |
Rain Calcining Ltd. |
97,000,000 |
Overseas Acquisition |
6 years 1 month |
6 |
ECB |
Rain Calcining Ltd. |
23,670,000 |
Repayment of Earlier ECB |
4 years 7 months |
7 |
ECB |
Orient Craft Ltd. |
8,000,000 |
Project |
4 years 9 months |
8 |
ECB |
Daechang India Seat Company Pvt. Ltd. |
3,500,000 |
Import of Capital Goods |
3 years |
9 |
FCCB |
Rolta India Ltd. |
150,000,000 |
Overseas Acquisition,capital Exp. |
5 years |
10 |
ECB |
BASF Catalyst India Pvt.Ltd. |
3,000,000 |
Project |
3 years 8 months |
11 |
ECB |
Eicher Motors Ltd. |
10,000,000 |
Modernisation |
3 years |
12 |
ECB |
Satyam Auto Components Ltd |
5,800,000 |
Project |
5 years 3 months |
13 |
ECB |
Hema Engineering Industries Ltd |
1,500,000 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
5 years 5 months |
14 |
ECB |
Honeywell Turbo Technologies (I) Pvt.Ltd |
3,428,758 |
Modernisation |
3 years 2 months |
15 |
ECB |
BIESSE Manufacturing Co. Pvt Ltd. |
3,428,758 |
Project |
5 years |
16 |
ECB |
Everest Industries Limited |
12,000,000 |
Modernisation |
6 years 10 months |
17 |
ECB |
Stylus enterprise private limited |
109,964 |
Project |
5 years |
18 |
ECB |
Stylus enterprise private limited |
89,971 |
Project |
3 years |
19 |
ECB |
Molex India Ltd. |
3,700,000 |
Import of Capital Goods |
11 years 1 month |
20 |
ECB |
INA Bearings India Pvt.Ltd. |
8,000,000 |
Modernisation |
5 years 5 months |
21 |
ECB |
Link Shipping & Mangt. Systems Pvt. Ltd |
2,500,000 |
Project,Import of Capital Goods |
6 years 8 months |
22 |
ECB |
Ipca Laboratories Ltd. |
8,000,000 |
Modernisation |
4 years |
23 |
ECB |
JSW Steel Ltd. |
175,000,000 |
Modernisation |
22 years 6 months |
24 |
ECB |
MSPL Limited |
33,000,000 |
Project -Power |
6 years 4 months |
25 |
ECB |
KLT Automotive &Tubular Prd. Ltd. |
5,000,000 |
Modernisation |
5 years 11 months |
26 |
ECB |
Chemex Oil Pvt.Ltd. |
1,250,000 |
Rupee Expenditure Loc.CG |
4 years |
27 |
ECB |
Brueckner Machinery & Services India Pvt |
342,876 |
Modernisation |
5 years 8 months |
28 |
FCCB |
Moser Bear India Ltd. |
150,000,000 |
Rupee Expenditure Loc.CG |
5 years |
29 |
ECB |
Alpha Packaging Limited |
1,000,000 |
Project |
5 years 6 months |
30 |
ECB |
L&T Komatsu Limited |
5,000,000 |
Import of Capital Goods, Rupee Exp. |
4 years 6 months |
31 |
FCCB |
Educomp Solutions Ltd. |
80,000,000 |
Overseas Acquisition |
5 years |
32 |
ECB |
Tolani Shipping Company Ltd. |
28,800,000 |
Import of Capital Goods |
8 years 2 months |
33 |
ECB |
South Asia Breweries Pvt. Ltd. |
10,000,000 |
Project |
4 years 5 months |
34 |
ECB |
Aditya Birla Nuvo Ltd. |
20,000,000 |
Rupee Expenditure Loc.CG,Modernisation, Import of Capital |
5 years |
35 |
ECB |
Precision Hydraulics Pvt Ltd |
1,000,000 |
Project |
6 years 9 months |
36 |
ECB |
Apotex Pharmachem India Pvt.L |
8,092,624 |
Rupee Expenditure Loc.CG, Import of Capital Goods |
6 years 11 months |
37 |
ECB |
Larsen & Toubro Limited |
150,000,000 |
Modernisation, Rupee Exp., New Project,IC |
6 years 11 months |
38 |
ECB |
Cadila Healthcare Limited |
27,000,000 |
Modernisation, Overseas Investments |
5 years 6 months |
39 |
ECB |
Autoline Industries Limited |
10,036,573 |
Project, Overseas Investments |
5 years 1 month |
40 |
ECB |
Daeseung Autoparts India Private Limited # |
5,000,000 |
Project, Rupee Exp., Import Of Capital |
2 years 10 months |
41 |
ECB |
Deutsch India Connector & Relays P.L. |
617,177 |
Import of Capital Goods |
4 years 1 month |
42 |
ECB |
Hyundai Engineering Plastics Ind Pvt Ltd |
4,000,000 |
Project |
5 years |
43 |
FCCB |
Tata Motors Ltd. |
490,000,000 |
Project, Rupee Exp., Import Of Cap |
4 years 11 months |
44 |
ECB |
Essar Oil Ltd. |
100,000,000 |
Modernisation |
11 years 2 months |
45 |
ECB |
Bilcare Limited |
8,000,000 |
Repayment of Earlier ECB |
4 years 8 months |
46 |
ECB |
West Asia Maritime Ltd. |
11,800,000 |
Import of Capital Goods -Purchase of Ship |
5 years |
47 |
ECB |
Madhucon Project Ltd. |
10,000,000 |
Import of Capital Goods, Rupee Exp |
16 years 7 months |
48 |
FCCB |
Micro Technologies (India) Ltd |
15,000,000 |
Project -Acquisition Abroad |
5 years 5 months |
49 |
ECB |
Foxconn India Pvt.Ltd. |
20,000,000 |
Import of Capital Goods |
7 years 7 months |
50 |
FCCB |
Surana Industries Limited |
14,000,000 |
Project,Import of Cap |
5 years 5 months |
51 |
ECB |
Shree Cement Ltd. |
30,000,000 |
Modernisation |
6 years |
52 |
FCCB |
Tantia Constructions Ltd |
7,500,000 |
Rupee Expenditure Loc.CG |
5 years |
53 |
ECB |
Gujarat Microwax Pvt.Ltd |
312,017 |
Project |
6 years 7 months |
54 |
ECB |
Global Stamping & Welding Automotive P L |
8,000,000 |
Import of Capital Goods,Modernisation |
3 years 5 months |
55 |
ECB |
Packaging India Pvt Ltd |
8,500,000 |
Modernisation |
5 years 3 months |
56 |
ECB |
Goodrich Aerospace Services Pvt.Ltd |
10,000,000 |
Modernisation, Imp of Cap, Rupee Exp. |
3 years 11 months |
57 |
ECB |
Kalyani Forge Ltd |
5,000,000 |
Modernisation |
4 years |
58 |
ECB |
SL Lumax Ltd. |
15,000,000 |
Modernisation, Imp of Cap, Rupee Exp. |
5 years 6 months |
59 |
FCCB |
Hotel Leelaventure Ltd. # |
100,000,000 |
Project , Modernisation |
5 years 6 months |
60 |
ECB |
Simbiosys Biowares India Pvt. Ltd. |
50,000 |
Import of Capital Goods, Rupee Exp |
5 years 7 months |
61 |
ECB |
Poseidon Solar Services Pvt.Ltd |
800,000 |
Modernisation |
5 years 11 months |
62 |
ECB |
Chetak Enterprises Ltd. |
11,000,000 |
Project |
8 years 5 months |
63 |
ECB |
iNETest Technologies India Pvt . Ltd |
335,000 |
Rupee Expenditure Loc.CG, |
4 years 3 months |
64 |
ECB |
Southern Iron & Steel Company Limited |
25,000,000 |
Modernisation |
8 years 11 months |
65 |
ECB |
Magotteaux Industries Pvt. Ltd. |
1,000,000 |
Rupee Expenditure Loc.CG |
5 years 8 months |
66 |
ECB |
Eldan Diamonds Pvt Ltd |
350,000 |
Rupee Expenditure Loc.CG |
3 years |
67 |
ECB |
Associated Capsules P L |
3,400,000 |
Overseas Acquisition |
5 years |
68 |
ECB |
India Gypsum Limited |
10,000,000 |
Project |
6 years 11 months |
69 |
ECB |
Leewon Precision Pvt. Ltd. # |
3,000,000 |
Modernisation,Imp of Cap, New Project |
2 years 11 months |
70 |
FCCB |
Tulip IT Services Ltd |
150,000,000 |
Project , Telecommunication |
5 years 1 month |
71 |
ECB |
Valecha Engineering Ltd. |
4,000,000 |
Import of Capital Goods |
4 years 3 months |
72 |
ECB |
Jain Irrigation Systems Ltd. |
15,000,000 |
Modernisation, Rupee Exp |
5 years 11 months |
73 |
ECB |
Reliance Industries Ltd. |
500,000,000 |
Modernisation |
5 years 3 months |
74 |
FCCB |
3i Infotech Ltd. |
100,000,000 |
Overseas Acquisition |
4 years 11 months |
75 |
ECB |
Mando India Steering System Private Lmt |
11,000,000 |
Modernisation, Import of Cap, Rupee Exp |
5 years |
76 |
ECB |
Shilpa Medicare Ltd. |
10,000,000 |
Modernisation |
5 years 6 months |
77 |
ECB |
ABG Shipyard Ltd. |
18,600,000 |
Project |
6 years 11 months |
78 |
ECB |
Witzenmann India Pvt.Ltd. |
137,150 |
Modernisation |
5 years 5 months |
79 |
ECB |
Makino India Pvt.Ltd |
5,770,180 |
Expansion of activity |
19 years 6 months |
80 |
ECB |
Granules India Ltd. |
9,000,000 |
Rupee Expenditure Loc.CG |
9 years 9 months |
81 |
ECB |
MRF Limited |
15,000,000 |
Modernisation |
5 years 11 months |
82 |
ECB |
Ashok Leyland Limited |
10,000,000 |
Import of Capital Goods |
5 years 11 months |
*: Based on Form 83 submitted for alottment of loan registration number. #: Clarification sought from the company in regard to conformity to end-use requirement, eligibilty of borrower and other parameters of ECB. |
II. Approval Route |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
Praxair India Pvt Ltd |
65,000,000 |
Import of Capital Goods,Rupee Exp, Project |
5 years 9 months |
2 |
ECB |
Jet Airways (I) Ltd |
300,000,000 |
Import of Capital Goods |
10 months |
3 |
ECB |
Jet Airways (I) Ltd |
158,875,273 |
Import of Capital Goods |
11 years 8 months |
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