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back Data on ECB/FCCB for the month of December 2005

75953518

Data on ECB/FCCB for the month of December 2005

February 15, 2006

Data on ECB/FCCB for the month of December 2005

The Reserve Bank of India has today released the data on External Commercial Borrowing (ECB) and Foreign Currency Convertible Bonds (FCCB), both Autometic Route and Approval Route, for the month of December 2005.

I. Automatic Route*

Sr. No.

ECB / FCCB

Borrower

Equivalent Amount in USD

Purpose

Maturity Period (Aprx)

1

ECB

Paradigm Hotels Pvt. Ltd. #

3,600,000

Other

6 years 11 months

2

ECB

Evergreen India Pvt.Ltd.

500,000

Purchase of Assets for setting up Office

3 years

3

ECB

TKH Plastics Pvt.Ltd.

1,000,000

Modernisation

6 years 2 months

4

ECB

Sanyo BPL Pvt.Ltd.

19,831,448

Project

5 years

5

ECB

Jindal Steel & Power Ltd

75,000,000

Project,Modernisation

7 years 2 months

6

FCCB

Vishal Export Overseas Ltd.

80,000,000

Project

5 years 1 month

7

ECB

Phoenix Mecano (India) Ltd.

700,000

Project

4 years

8

FCCB

Spice Jet Ltd.

80,000,000

Import of Capital Goods

5 years

9

ECB

JSM Holdings Pvt.Ltd.

1,000,000

Project

4 years 10 months

10

ECB

Bhashyam Hotels Pvt.Ltd.

120,000

Project

4 years 7 months

11

ECB

Makino India Pvt.Ltd

1,494,125

Project,Modernisation

18 years 3 months

12

ECB

Hutchison Essar Telcom Ltd.

20,000,000

Project

5 years 1 month

13

ECB

Bhushan Steel & Strips Ltd.

155,712,692

Import of Capital Goods

13 years

14

FCCB

Shiv-Vani Oil & Gas Exploration Services Ltd.

55,000,000

Modernisation

5 years 1 month

15

ECB

iRobot India Pvt.Ltd.

500,000

Import of Capital Goods

4 years 7 month

16

ECB

Aircel Digilink India Ltd.

30,000,000

Project

5 years 4 month

17

ECB

Hutchison Essar South Ltd.

90,000,000

Project

5 years 2 months

18

ECB

Inox Air Products Ltd.

9,374,178

Rupee Expenditure Loc.CG

9 years 8 months

19

ECB

Zahonero India Pvt.Ltd.

118,580

Modernisation

4 years 1 month

20

ECB

I Tech Plast India Pvt.Ltd.

70,569

Import of Capital Goods

3 years 3 month

21

ECB

Garware Shipping Corporation Ltd.

16,000,000

Import of Capital Goods

8 years

22

ECB

Pranav Vikas (I) Pvt.Ltd.

3,000,000

Modernisation

5 years 6 months

23

ECB

Ohsung Electronics India Pvt.Ltd.

3,000,000

Project

3 years 1 month

24

ECB

Nedcommodities India Pvt.Ltd.

120,000

Modernisation

4 years 2 months

25

ECB

Industrial Development Bank of India

75,000,000

Refinancing of old loans

1 years 6 months

26

ECB

Sundaram Fasteners Ltd.#

14,999,994

Other

6 years

27

ECB

Kryolan Cosmatics (India) Pvt.Ltd.

118,580

Project

4 years

28

ECB

Varun Beverages Ltd.

896,325

Import of Capital Goods

4 years 6 months

29

ECB

Aditya Birla Nuvo Ltd.

14,987,777

Import of Capital Goods,Modernisation,Rupee Exp[enditure Loc CG

5 years 6 months

30

ECB

Level Up Network India Pvt.Ltd.

2,700,000

Project

3 years

31

ECB

Evangelical Social Action Forum #

47,994

Other

3 years 6 months

32

ECB

Ranbaxy Laboratories Ltd.

19,404,548

Modernisation

5 years

33

FCCB

Elecon Engineering Company Ltd.

18,000,000

Import of Capital Goods,Modernisation,Rupee Expenditure Loc CG

5 years

34

ECB

Arbor Vetum Exim Pvt.Ltd.

87,307

Modernisation

5 years 2 months

35

ECB

Friends of World Women's Banking India.

1,170,000

Micro Finance

5 years

36

ECB

Maruti Suzuki Automobiles India Ltd.

68,000,000

Import of Capital Goods,Project

7 years 2 months

37

ECB

Suzuki Powertrain India Ltd.

92,000,000

Project

7 years 2 months

38

FCCB

Prajay Engineers Syndicate Ltd.

15,000,000

Project

5 years

39

ECB

Radico Khaitan Ltd.

3,000,000

Rupee Expenditure Loc.CG

4 years

40

ECB

Hansa Flex JDS Hydraulic India Pvt.Ltd. #

170,755

Import of Capital Goods

2 years 7 months

41

ECB

Indian Oil Corporation. Ltd.

300,000,000

Import of Capital Goods,Rupee Expenditure Loc CG

5 years 4 months

42

ECB

Calcutta Elec Supply Co Ltd.

20,000,000

Rupee Expenditure Loc.CG

6 years 6 months

43

ECB

ETA Port Operation & Rapid Transport Sysrems Ltd.

1,500,000

Import of Capital Goods

7 years 7 months

44

ECB

ETA Port Operation & Rapid Transport Sysrems Ltd.

5,100,000

Import of Capital Goods

6 years 1 months

45

FCCB

IVRCL Infrastructures & Projects Ltd.#

65,000,000

Other

5 years

46

ECB

V.Fraas (India) Fashion Accessories Pvt. Ltd.

22,998

Rupee Expenditure Loc.CG

3 years 1 month

47

ECB

Radio Cine Forniture (India) Pvt.Ltd

851,000

Project

6 years 3 months

48

ECB

Strides Arcolab Limited #

8,000,000

Other

5 years

49

ECB

DCM Sriram Consolidated Ltd.

20,000,000

Project

10 years

50

ECB

Bhushan Steel & Strips Ltd.

6,833,241

Import of Capital Goods

8 years 6 months

51

ECB

The Great Eastern Shipping Co. Ltd.

53,000,000

Refinancing of old loans

1 year 5 months

52

ECB

Sanjana Cryogenic Storages Ltd.

3,370,000

Project

4 years 11 months

53

ECB

Guhring India Pvt.Ltd.

1,364,003

Import of Capital Goods

6 years 1 month

54

ECB

Owens Corning Enterprise (India) Pvt. Limited

2,000,000

Project

3 years 6 months

55

ECB

Excel Laser Technology Pvt.Ltd.

1,500,000

Expansion of activity

8 years 4 months

56

ECB

Moog Controls (I) Pvt. Ltd

500,000

Project

6 years 10 months

57

ECB

Maruwa Electronic (India) Pvt.Ltd.

4,977,688

Project

5 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, eligility of borrower and other parameters of ECB.

II. Approval Route

Sr. No.

ECB / FCCB

Borrower

Equivalent Amount in USD

Purpose

Muturity Period (Aprx)

1

ECB

Media Star Pvt.Ltd.

125,000

Advance Payments to Int. Publishers & Import of books

3 years 1 month

2

ECB

Export-Import Bank of India

75,000,000

Onward/Sub-lending.

5 years 1 month

3

ECB

Astra Zeneca India Pvt.Ltd.

16,500,000

Refinancing of old loans, Project

10 years 3 months

4

ECB

Ascon Agro Products Exporters & Builders

3,254,741

Import of Capital Goods

6 years 1 month


P.V.Sadanandan

Manager

PRESS RELEASE: 2005-2006/1030

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