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

75956055

Data on ECB/FCCB for the month of August 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 August 2006.

I. Automatic Route*

Sr. No.

ECB /
FCCB

Borrower

Equivalent
Amount
in USD

Purpose

Maturity Period
(Aprx)

1

ECB

ISS International Ltd.

58,983

Modernisation

6 years 5 months

2

ECB

Intentia South Asia Pvt.Ltd.

61,606

Rupee Expenditure Loc.CG

3 years 1 month

3

ECB

LSI Logic India Pvt Ltd.

5,227,273

Project

9 years 11 months

4

ECB

Balzers (India) Ltd

1,624,737

Import of Capital Goods

4 years 8 months

5

ECB

Computerskill Ltd

2,786,385

Import of Capital Goods

4 years 6 months

6

FCCB

Genus Overseas Electronics Ltd.

2,500,000

Project, Modernisation

5 years

7

ECB

Seminis Vegetable Seeds (I) Ltd.#

1,170,000

Other

4 years 6 months

8

ECB

Owens Corning Enterprise(India) Limited

750,582

Import of Capital Goods

4 years

9

ECB

MSJ Brushes Pvt. Ltd.

96,082

Modernisation

3 years 1 month

10

ECB

V.S.Dempo & Co. Pvt. Ltd.

5,400,000

Project

4 years

11

ECB

Rudraksh Detergent & Chemicals Pvt,Ltd.

1,000,000

Project

5 years

12

ECB

Iljin Automative Pvt.Ltd.

2,000,000

Modernisation, Import of
Capital Goods

5 years 5 months

13

ECB

RA Chem Pharma Ltd.

206,525

Modernisation

4 years 10 months

14

ECB

Floeter India Retort Pouches Pvt Ltd

256,219

Project

5 years

15

ECB

KTR Couplings (India) Pvt.Ltd.

537,207

Modernisation

5 years 7 months

16

ECB

Prince Pipes & Fittings Pvt.Ltd.

1,170,000

Modernisation

5 years

17

ECB

Claas India Ltd.

10,248,774

Project

8 years 11 months

18

FCCB

Zenith Computers Ltd.

20,000,000

Project

5 years

19

ECB

Oberthur Card Systems Pvt.Ltd.

2,062,875

Modernisation

3 years

20

ECB

Noida Power Company Limited

3,100,000

Rupee Expenditure Loc.CG

6 years 2 months

21

ECB

Suryavardhan Estates P Ltd#

107,342

Project

3 years

22

ECB

Tag Media Network Pvt Ltd#

429,766

Rupee Expenditure Loc.CG

5 years 5 months

23

ECB

Exim Rajathi India Pvt Ltd#

30,271,208

Other

5 years 3 months

24

ECB

SL Lumax Ltd.

27,000,000

Modernisation

4 years 10 months

25

ECB

Grasim Industries Ltd

49,734,014

Rupee Expenditure Loc.CG,
Modernisation

5 years 11 months

26

ECB

Grasim Industries Ltd

24,816,256

Rupee Expenditure Loc.CG,
Modernisation

4 years 11 months

27

ECB

Grasim Industries Ltd

18,988,444

Rupee Expenditure Loc.CG,
Modernisation

5 years

28

ECB

Shree Cement Ltd.

14,999,999

Rupee Expenditure Loc.CG

5 years 11 months

29

ECB

Amoli Organics Pvt.Ltd.

3,100,000

Modernisation

5 years

30

FCCB

GTL Infrastructure Ltd#

4,569,753

Other

3 years 7 months

31

ECB

Nitin Castings Ltd.

1,139,307

Project

6 years

32

ECB

PMT Machines Ltd.

50,000,000

Modernisation

5 years

33

ECB

AAF India Pvt. Ltd.

100,000

Import of Capital Goods, Modernisation

3 years 11 months

34

ECB

Haldia Petrochemicals Ltd

39,700,000

Refinancing of old loans

1 years 6 months

35

ECB

Huber +Suhner Electronics
Pvt Ltd

408,277

Project

3 years 2 months

36

ECB

Dabur Pharma Ltd.

14,888,666

Modernisation

5 years 1 months

37

ECB

Bajaj Motors Ltd

2,002,152

Rupee Expenditure Loc.CG

5 years

38

ECB

Karuturi Networks Ltd

1,252,272

Import of Capital Goods

5 years 1 months

39

ECB

Balrampur Chini Mills Ltd.

15,086,750

Rupee Expenditure Loc.CG

4 years

40

ECB

Transworks Information Services Ltd.#

100,000,000

Other

5 years 3 months

41

ECB

Gujarat Glass Pvt.Ltd.

4,994,099

Import of Capital Goods

3 years

42

ECB

Kolkata IT Sez Pvt.Ltd.

4,000,000

Project

4 years 10 months

43

ECB

Apotex Research Pvt. Ltd.

1,010,495

Rupee Expenditure Loc.CG,
Import of Capital Goods

4 years 11 months

44

ECB

Coromandel Fertilisers Limited

9,994,049

Rupee Expenditure Loc.CG,
Import of Capital Goods

3 years 6 months

45

ECB

Aro Granite Industries Ltd.

5,270,000

Project

6 years 6 months

46

ECB

Mainetti (India) Pvt Ltd.,

768,658

Rupee Expenditure Loc.CG

8 years

47

ECB

Mainetti (India) Pvt Ltd.,

576,494

Rupee Expenditure Loc.CG

6 years 10 months

48

ECB

Emirates Lube India Pvt. Ltd.

61,258

Rupee Expenditure Loc.CG

4 years 4 months

49

ECB

Renaissance RTW Asia Pvt. Ltd.

1,447,639

Modernisation

6 years 5 months

50

ECB

Balda Motherson Solution India Ltd.

5,011,674

Import of Capital Goods

5 years

51

ECB

Working Women's Forum

461,138

Onward/Sub-lending.

9 years 9 months

52

ECB

GTL Ltd.

175,000,000

Rupee Expenditure Loc.CG, Overseas Acquisition

5 years

53

ECB

The Activists for Social Alternatives

288,000

Onward/Sub-lending.

4 years

54

ECB

Mepromax Lifesciences Pvt. Ltd.

1,400,000

Project

5 years 1 month

55

FCCB

Genus Overseas Electronics Ltd.

7,500,000

Project, Modernisation

5 years

56

ECB

Dishman Pharmaceuticals and Chemicals Lt

7,500,000

Rupee Expenditure Loc.CG

5 years

57

ECB

Transworld Garnet India Pvt. Ltd.

500,000

Project

7 years

58

ECB

JSW Steel Ltd.

14,000,000

Modernisation

5 years 4 months

59

ECB

JSW Steel Ltd.

51,000,000

Modernisation

8 years 3 months

60

ECB

JSW Steel Ltd.

19,000,000

Modernisation

5 years 4 months

61

ECB

JSW Steel Ltd.

14,000,000

Modernisation

6 years 6 months

62

ECB

Tempel Prescision Metal Products India P

3,000,000

Project

3 years 3 months

63

ECB

DLF Info City Developers (Chennai) Ltd.#

40,424,014

Project

6 years 5 months

64

FCCB

Radico Khaitan Ltd.

50,000,000

Rupee Expenditure Loc.CG,
Modernisation, Project

5 years

65

ECB

BMW India Pvt. Ltd.

25,621,935

Modernisation

6 years 8 months

66

ECB

The Great Eastern Shipping Co. Ltd.

17,168,200

Rupee Expenditure Loc.CG

14 yeasrs 4 months

67

ECB

Mahindra Renault Pvt.Ltd.

30,260,087

Import of Capital Goods,
Rupee Expenditure Loc.CG

5 years

68

ECB

Asian Lignin Manufacturing Pvt.Ltd.

406,184

Project

4 years 1 month

69

ECB

Upper Ganges Sugar & Industries Ltd.

12,000,000

Project

6 years

70

ECB

Simbiosys Biowares India Pvt. Ltd.

50,000

Import of Capital Goods

5 years 4 months

71

ECB

ERGO Comp Plastic(India) Pvt.Ltd.

145,046

Refinancing of old loans

3 years

72

ECB

OCS Services (India) Pvt.Ltd

60,000

Rupee Expenditure Loc.CG

4 years 5 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

IndianAirlines ltd

157,305,100

Import of Capital Goods

3 years 5 months

2

ECB

JSW Steel Ltd.

150,000,000

Modernisation

6 years 8 months

3

ECB

Superfine Syntex Ltd.

240,000

Import of Capital Goods

6 years

4

ECB

Essel Shyam Communication Ltd.

3,280,000

Import of Capital Goods,
Rupee Expenditure LocCG

4 years

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