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 June 2007. |
Data on External Commercial Borrowings / FCCB - June 2007 |
I. Automatic Route* |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
Essar Steel (Hazira) Ltd. |
100,000,000 |
Project |
9 years 11 months |
2 |
ECB |
Hazira Plate Ltd. |
50,000,000 |
Project |
9 years 11 months |
3 |
FCCB |
Core Project & Technologies Ltd. |
80,000,000 |
Expansion of activity, Modernisation |
5 years |
4 |
ECB |
Jotun India Private Ltd |
3,000,000 |
Project |
6 years 10 months |
5 |
ECB |
Ocean Sparkle Ltd |
10,000,000 |
Import of Capital Goods, Rupee Exp. |
9 years 9 months |
6 |
ECB |
Indo Asian Simon Pvt.Ltd. |
2,350,000 |
Project |
4 years 11 months |
7 |
ECB |
Indian Oil Corporation. Ltd. |
300,000,000 |
Import of Capital Goods, Rupee Exp. |
11 years |
8 |
FCCB |
ICSA (INDIA) LTD |
24,000,000 |
Overseas Acquisition, Modernisation,New Project |
4 years 11 months |
9 |
ECB |
Aarti Industries Ltd. |
12,069,084 |
Modernisation |
5 years 2 months |
10 |
FCCB |
Sri Adhikari Brothers # |
10,000,000 |
Rupee Expenditure Loc.CG |
5 years 3 months |
11 |
ECB |
Bharat Box Factory Ltd. |
2,074,547 |
Import of Capital Goods |
5 years 6 months |
12 |
ECB |
Triumph International (India) Pvt. Ltd. |
15,000,000 |
Project |
5 years 6 months |
13 |
ECB |
Bandhan - Konnagar |
805,128 |
Micro-finance activity |
5 years 11 months |
14 |
ECB |
Hueco Lightronic (India) Pvt. Ltd. |
1,006,410 |
Modernisation,Rupee Exp., Import of Cap |
4 years 6 months |
15 |
ECB |
Simplast India Pvt. Ltd. |
776,000 |
Modernisation,Rupee Exp., Import of Cap |
8 years 3 months |
16 |
ECB |
JBM Industries Ltd. |
2,500,000 |
Modernisation |
5 years 1 month |
17 |
ECB |
Rena Kutz Kitchenwares Pvt. Ltd. |
124,795 |
Import of Capital Goods |
6 years |
18 |
ECB |
Amtek Auto Ltd. |
250,000,000 |
Modernisation, New Project |
7 years 5 months |
19 |
ECB |
Behr Hella Thermocontrol India Pvt. Ltd. |
805,128 |
Project |
3 years 7 months |
20 |
ECB |
Naprod Lifesciences Pvt. Ltd. |
2,000,000 |
Modernisation |
5 years 1 month |
21 |
ECB |
Wika Instruments India Pvt Ltd |
1,437,825 |
Modernisation |
12 years 2 months |
22 |
ECB |
CCL Products (I) Ltd. |
7,000,000 |
Modernisation |
5 years 3 months |
23 |
ECB |
Pidilite Industries Ltd. |
12,056,036 |
Rupee Expenditure Loc.CG |
4 years |
24 |
ECB |
Saraswati Industrial Syndicate Ltd. |
11,000,000 |
Project |
4 years 9 months |
25 |
ECB |
Varun Shipping Company Ltd. |
48,000,000 |
Import of Capital Goods |
9 years 8 months |
26 |
ECB |
Lafarge Boral Gypsum India Pvt.Ltd. |
12,000,000 |
Project |
4 years 5 months |
27 |
FCCB |
Bartronics India Ltd. |
25,000,000 |
Modernisation |
5 years |
28 |
ECB |
Granules India Ltd. |
10,000,000 |
Rupee Expenditure Loc.CG |
4 years 9 months |
29 |
FCCB |
Karuturi Networks Ltd |
25,000,000 |
Modernisation |
5 years |
30 |
ECB |
Indiport Footwear Pvt. Ltd. # |
268,376 |
Import of Capital Goods, Rupee Exp. |
2 years 11 months |
31 |
ECB |
Vigel Manufacturing Technologies P. Ltd. |
2,012,821 |
Project |
5 years 4 months |
32 |
ECB |
Electrotherm (India) Ltd. |
15,000,000 |
Project |
10 years 5 months |
33 |
FCCB |
Electrotherm (India) Ltd. |
10,000,000 |
Project |
9 years 5 months |
34 |
ECB |
Kirby Building Systems India Ltd. |
5,000,000 |
Rupee Expenditure Loc.CG |
5 years |
35 |
ECB |
Godfrey Phillips India Ltd. |
11,008,962 |
Modernisation |
5 years |
36 |
ECB |
FCI Technology Services ltd |
10,000,000 |
Modernisation |
5 years 6 months |
37 |
ECB |
Ashok Leyland Limited |
25,000,000 |
Rupee Expenditure Loc.CG |
5 years 11 months |
38 |
ECB |
Ashok Leyland Limited |
25,000,000 |
Import of Capital Goods,Rupee Exp. |
5 years 11 months |
39 |
ECB |
Ognibene India Pvt. Ltd. |
2,000,000 |
Project |
6 years 11 months |
40 |
ECB |
Perlos Telecom & Elec.Comp.(I) Pvt.Ltd. |
5,367,522 |
Import of Capital Goods, New Project, Rupee Exp., Modernisation |
10 years 4 months |
41 |
ECB |
G.W.Precision Tools (India) Pvt. Ltd. |
1,341,881 |
Modernisation |
9 years 8 months |
42 |
FCCB |
Shakti Pumps (India) Ltd. |
6,322,329 |
Modernisation |
4 years 10 months |
43 |
ECB |
3D Technopack Ltd. |
1,006,410 |
Modernisation |
4 years 9 months |
44 |
ECB |
Clestra Modular Systems Pvt.Ltd. |
402,564 |
Modernisation |
5 years |
45 |
ECB |
Foxconn India Pvt.Ltd. |
30,000,000 |
Project |
7 years 3 months |
46 |
FCCB |
Man Industries (India) Ltd. |
50,000,000 |
Modernisation, Oversease Investment |
5 years |
47 |
ECB |
Kirby Building Systems I (Uttranchal )P |
5,000,000 |
Modernisation |
5 years |
48 |
ECB |
Sanmina-SCI Technology I P |
2,390,000 |
Project |
5 years |
49 |
ECB |
EOC Polymers India Pvt. Ltd. |
1,500,000 |
Project |
10 years 11 months |
50 |
ECB |
Arcelor Neel Tailored Blank Pvt. Ltd. |
1,455,629 |
Modernisation |
4 years 11 months |
51 |
ECB |
Mainetti India Pvt Ltd., |
536,752 |
Project, Rupee Exp. |
6 years 3 months |
52 |
ECB |
Recaero India PVT. LTD. |
402,564 |
Import of Capital Goods, Rupee Exp. |
5 years 6 months |
53 |
ECB |
Fem Care Pharma Limited |
3,000,000 |
Modernisation |
5 years 2 months |
54 |
ECB |
BBM Engineering Services Pvt. Ltd. |
832,892 |
Import of Capital Goods |
4 years 9 months |
55 |
ECB |
Zahoransky Sarin Moulds & Machines Pvt.L |
147,607 |
Import of Capital Goods |
4 years 6 months |
56 |
ECB |
BBM Acoustic (India) Pvt. Ltd. |
134,188 |
Import of Capital Goods |
4 years 9 months |
57 |
ECB |
Wheels India Limited. |
8,000,000 |
Modernisation |
4 years |
58 |
ECB |
Mane India Pvt. Ltd. |
283,137 |
Modernisation |
8 years 11 months |
59 |
ECB |
Petrofac Engineering Services India P L. |
1,000,000 |
Import of Capital Goods, Rupee Exp |
5 years 11 months |
60 |
ECB |
Bhushan Steel Ltd. |
4,556,691 |
Import of Capital Goods |
6 years 11 months |
61 |
FCCB |
JSW Steel Ltd. |
325,000,000 |
Modernisation |
5 years |
62 |
ECB |
Emuge India Pvt. Ltd. |
653,496 |
Modernisation |
6 years |
63 |
ECB |
UFI Filters India Pvt. Ltd. |
1,341,881 |
Modernisation |
4 years 6 months |
64 |
ECB |
Lizer Technologies Ltd. |
5,000,000 |
Rupee Expenditure Loc.CG, Import of Cap Goods |
5 years |
65 |
ECB |
Gudel India Pvt. Ltd. |
324,247 |
Modernisation |
6 years 6 months |
66 |
FCCB |
KSL Reality & Infrastucture Ltd. |
80,000,000 |
Modernisation |
5 years 5 months |
67 |
ECB |
Hikal Ltd. |
10,000,000 |
Modernisation |
4 years 11 months |
68 |
ECB |
Indena India Pvt .Ltd. |
805,128 |
Modernisation |
5 years |
69 |
ECB |
Torrent Pharmaceuticals Ltd |
20,000,000 |
Project, Modernisation |
5 years 10 months |
70 |
ECB |
Nord Drivesystems Pvt. Ltd. |
2,314,744 |
Project |
6 years 9 months |
71 |
ECB |
Dong -A India Automotive Pvt. Ltd. |
3,000,000 |
Modernisation, Rupee Exp., Import of Cap |
4 years 9 months |
72 |
ECB |
Apicore Pharmaceuticals Pvt. Ltd. |
3,000,000 |
Project |
4 years 5 months |
73 |
ECB |
Moser Bear Photovoltaic Ltd. |
22,500,000 |
Project |
6 years 7 months |
74 |
ECB |
Maneesh Pharmaceuticals Pvt.Ltd. |
45,000,000 |
Modernisation,Rupee Exp., Overseas Acq. |
5 years 3 months |
75 |
ECB |
Sanghi Industries Ltd |
38,000,000 |
Project - Power |
7 years 6 months |
76 |
ECB |
Jato India Pvt. Ltd. |
536,752 |
Import of Capital Goods, Modernisation |
9 years 8 months |
77 |
ECB |
Myoung Shin India Automotive Pvt Ltd |
10,000,000 |
Project , Import of Capital Goods |
3 years |
78 |
ECB |
Tarsons Products (P) Ltd. |
5,850,000 |
Project , Modernisation |
5 years 1 month |
79 |
ECB |
Navneet Publication India Ltd |
6,000,000 |
Project-Power |
6 years 11 months |
80 |
ECB |
Ballarpur Industries Limited. |
10,000,000 |
Rupee Expenditure Loc.CG |
5 years |
81 |
ECB |
Parveen Industries Pvt. Ltd. |
2,800,000 |
Modernisation |
5 years 2 months |
82 |
FCCB |
Strides Arcolab Limited |
100,000,000 |
Project , Modernisation, Overseas Invest. |
5 years |
83 |
ECB |
Finolex Industries Limited |
31,275,237 |
Modernisation |
6 years 6 months |
84 |
ECB |
Codina Metalic Private Ltd. |
134,188 |
Project |
4 years 6 months |
85 |
ECB |
Hanil Automotive India Pvt. Ltd. |
10,000,000 |
Modernisation, Import of Cap., Rupee Exp. |
5 years 8 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 |
Reliance Petroleum Ltd. |
500,000,000 |
New Project |
11 years 2 months |
2 |
ECB |
SREI Infrastructure Finance Ltd. |
50,000,000 |
Import of Capital Goods |
7 years |
3 |
ECB |
Jet Airways (I) Ltd |
276,885,000 |
Import of Capital Goods |
11 years 11 months |
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