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back Data on ECB/FCCB for the month of October 2006

75955170

Data on ECB/FCCB for the month of October 2006

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 October 2006.

I. Automatic Route*

Sr. No.

ECB / FCCB

Borrower

Equivalent
Amount in USD

Purpose

Maturity Period (Aprx)

1

ECB

West View Hotels Pvt. Ltd. #

549,842

Repayment of internal Loans

4 years

2

ECB

West View Hotels Pvt. Ltd. #

543,244

Repayment of internal Loans

3 years

3

ECB

Rivoli Restaurants Pvt Ltd. #

50,000

Other

4 years 3 months

4

ECB

West View Hotels Pvt. Ltd. #

241,931

Repayment of internal Loans

3 years

5

ECB

West View Hotels Pvt. Ltd. #

153,956

Repayment of internal Loans

2 years 11 months

6

ECB

Sunvik Steels Pvt.Ltd.

1,150,000

Rupee Expenditure Loc.CG

4 years 4 months

7

ECB

Fine Jewellery Manufacturing Ltd.

299,985

New Project

3 years

8

FCCB

3i Infotech Ltd.

18,932,603

Expansion of activity, Offshore acquisition

4 years 5 months

9

ECB

Dhanuka Laboratories Ltd.

1,850,000

New Project

5 years 1 month

10

ECB

Schuf Speciality Valves India Pvt.Ltd.

189,326

New Project

17 years 10 months

11

ECB

Terra Indica (Craft) Pvt. Ltd.

340,787

New Project

9 years 3 months

12

ECB

Amalgamated Bean Coffee Trading Co. Ltd.

10,000,000

Rupee Expenditure Loc.CG

7 years 11 months

13

ECB

Claris Lifesciences Ltd.

14,724,348

New Project, Modernisation,
Power

4 years

14

ECB

Claris Lifesciences Ltd.

9,816,232

New Project, Modernisation,
Power

5 years

15

ECB

Intellevate (I) Pvt.Ltd.

1,267,000

Modernisation

27 years 7 months

16

ECB

Euro Dental Lab Pvt.Ltd.

31,554

Import of Capital goods,Rupee Expenditure Loc.CG

5 years

17

ECB

Anglo Eastern Maritime
Training Centre

50,000

Modernisation

5 years

18

ECB

Funke Heat Exchanger
(India) Pvt. Ltd.

126,217

Import of Capital goods,
Rupee Expenditure Loc.CG

3 years 4 months

19

ECB

Motherson Sumi Infotech & Design Ltd.

1,096,126

Rupee Expenditure Loc.CG

5 years

20

ECB

Kancor Colours Ltd.

437,000

New Project

6 years 1 month

21

ECB

KMF Automotive Pvt.Ltd.

210,000

Modernisation

4 years 2 months

22

ECB

Neel Metal Products Ltd.

6,846,573

Modernisation

4 years 11 months

23

ECB

Nera Electronics (India) Pvt.Ltd.

1,267,848

New Project

4 years 9 months

24

ECB

Remicon Tech India (P) Ltd.

400,000

Rupee Expenditure Loc.CG

4 years 5 months

25

ECB

Axa Technology Services
India Pvt.Ltd.

2,902,999

Modernisation

4 years 2 months

26

ECB

Asahi India Glass Ltd.

7,885,364

Modernisation

4 years

27

ECB

Triveni Engineering & Industries Ltd.

10,070,028

New Project, Modernisation

5 years 9 months

28

ECB

GVK Biosciences Pvt Ltd

7,053,151

Rupee Expenditure Loc.CG

5 years

29

ECB

Laguna Clothing Pvt.Ltd.

1,262,174

New Project

4 years 11 months

30

ECB

Maytas infra Pvt.Ltd.

10,000,000

Rupee Expenditure Loc.CG

4 years 11 months

31

ECB

Khatema Fibres Ltd.

2,000,000

New Project

5 years 1 month

32

ECB

Balrampur Chini Mills Ltd.

13,221,281

Rupee Expenditure Loc.CG

5 years 11 months

33

ECB

JSW Steel Ltd.

75,000,000

Modernisation

7 years 8 months

34

ECB

Keller Ground Engineering
(India P Ltd)

378,652

Rupee Expenditure Loc.CG ,
Capital Expenditure

5 years 2 months

35

ECB

Pricol Ltd.

3,000,000

Modernisation

4 years

36

ECB

Zahonero India Pvt.Ltd.

227,191

Modernisation

4 years

37

ECB

Indena India Pvt .Ltd.

1,514,608

Modernisation

5 years 2 months

38

ECB

United Phosphorus Ltd

147,825,273

Overseas Acquisition

5 years

39

ECB

Singapore Realty Pvt Ltd. #

633,924

New Project

2 years 11 months

40

ECB

Nitrex Chemicals India Ltd.

6,200,910

New Project

4 years 7 months

41

ECB

Alembic Ltd

3,056,447

Rupee Expenditure Loc.CG

3 years

42

ECB

Basrur Uniseal Pvt. Ltd.

126,217

Modernisation

3 years 1 month

43

ECB

Gummi Metall Technik India Pvt.Ltd.

504,869

New Project

10 years 2 months

44

ECB

Tag Sealogistics Ltd.

7,200,000

Import of Capital Goods

15 years 4 months

45

ECB

Evergreen Autocomp
(India) Pvt. Ltd.

12,942,722

Import of Capital Goods

5 years 11 months

46

ECB

Perlos Telecom & Elec.
Comp.(I) Pvt.Ltd.

4,900,000

Import of Capital Goods,
New Project, Modernisation

10 years 1 month

47

ECB

Great Offshore Ltd.

38,000,000

Import of Capital Goods

7 years 11 months

48

ECB

Kirloskar Oil Engines Ltd. #

12,065,821

Modernisation

1 years 8 months

49

ECB

HSI Automotives Ltd.

10,000,000

Modernisation, Import of Capital Goods

3 years

50

ECB

Precision Pipes & Profles Ltd.

1,530,000

New Project

5 years 1 month

51

ECB

Chaudhry Hammer Works Ltd.

3,140,000

Project

5 years 2 months

52

ECB

Trak Online Net India (P) Ltd.

100,000

Rupee Expenditure Loc.CG

5 years

53

FCCB

McNally Bharat Engineering Co.Ltd.

10,000,000

Modernisation

5 years

54

ECB

Acme Formulations Pvt. Ltd.

3,000,000

Rupee Expenditure Loc.CG

5 years

55

ECB

Ind Swift Laboratories Ltd

4,030,372

Modernisation

4 years 9 months

56

ECB

EC Info Systems India Pvt. Ltd.

300,000

Rupee Expenditure Loc.CG

3 years

57

ECB

Apotex Pharmachem
India Pvt.L

882,171

Import of Capital Goods,
Rupee Expenditure

5 years 11 months

58

ECB

Cosmo Films Ltd

3,500,000

Modernisation

4 years 7 months

59

ECB

Transport Corporation of India Ltd

10,898,024

Modernisation

5 years

*: Based on Form 83 submitted for alottment of loan registration numbr.

#: 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

Deccan Aviation Ltd.

49,100,000

Import of Capital Goods

10 years 10 months

2

ECB

Tata Steel Ltd.

755,252,067

Modernisation

6 years 11 months

3

ECB

Kingfisher Airlines Limited

35,000,000

Import of Capital Goods

8 years 11 months

4

ECB

Reliance Petroleum Ltd.

1,500,000,000

New Project

9 years 7 months

5

ECB

Reliance Petroleum Ltd.

500,000,000

New Project

9 years 7 months

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