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 November 2006.
I. Automatic Route* |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity
Period (Aprx) |
1 |
ECB |
Emas Expressway Pvt.Ltd. |
6,773,584 |
Project -Roads |
15 years |
2 |
ECB |
Flakt (India) Ltd. |
1,500,000 |
Other -to be converted into
Equity |
4 years 5 months |
3 |
ECB |
First Advantage Quest
Research Pvt.Ltd. # |
249,000 |
Rupee Expenditure Loc.CG ,
working capital |
7 years 2 months |
4 |
ECB |
Medico Remedies Pvt.Ltd. # |
20,468 |
Working Capital |
2 years 10 months |
5 |
ECB |
Hueco Electronic (India) Pvt. Ltd. |
450,689 |
Import of Capital Goods,
Rupee expenditure |
4 years |
6 |
ECB |
Consistel Solutions (I) Pvt. Ltd. |
1,000,000 |
Modernisation |
5 years |
7 |
ECB |
A.P.Fine Dining (P) Ltd.# |
300,000 |
Modernisation |
4 years 2 months |
8 |
ECB |
Gamuda-WCT (India) Pvt.Ltd. |
2,441,433 |
Project -Roads |
9 years 11 months |
9 |
ECB |
Gamuda-WCT (India) Pvt.Ltd. |
5,718,974 |
Project -Roads |
9 years 11 months |
10 |
ECB |
Hueco Electronic (India) Pvt. Ltd. |
1,026,284 |
Import of Capital Goods, Rupee Expenditure |
4 years |
11 |
ECB |
Hueco Electronic (India) Pvt. Ltd. |
90,138 |
Import of Capital Goods, Rupee Expenditure |
4 years 3 months |
12 |
ECB |
Hueco Electronic (India) Pvt. Ltd. |
218,906 |
Import of Capital Goods, Rupee Expenditure |
3 years |
13 |
ECB |
AE & E Chennai Works Ltd. |
257,537 |
Project |
6 years |
14 |
ECB |
Intercontinental Dev. & Engg.
AE&E Pvt Lt |
3,129,291 |
Project |
9 years 11 months |
15 |
ECB |
Meritor LVS India Pvt.Ltd. |
275,000 |
Modernisation |
4 years 11 months |
16 |
ECB |
United Motors & Heavy Equipment Pvt. Ltd |
6,438,417 |
Project |
6 years 6 months |
17 |
ECB |
Dongwoo Surface Tech (India) Pvt. Ltd. |
3,100,000 |
Modernisation |
7 years 10 months |
18 |
ECB |
GL & V India Pvt.Ltd. |
1,500,000 |
Rupee Expenditure Loc.CG, Import of capital |
5 years 11 months |
19 |
ECB |
Bilcare Limited |
1,800,000 |
Refinancing of old loans |
4 years 6 months |
20 |
ECB |
Spanco Telesystems & Solutions Ltd. |
3,000,000 |
Overseas Acquisition |
5 years |
21 |
ECB |
Dyansys India Pvt.Ltd. |
200,000 |
Project |
3 years 1 month |
22 |
ECB |
Bhushan Steel & Strips Ltd. |
48,048,617 |
Import of Capital Goods |
11 years 8 months |
23 |
ECB |
Bajaj Hindusthan Ltd. |
80,858,288 |
Import of Capital Goods, Rupee Exp., Imp of Cap |
5 years |
24 |
ECB |
Cethar Vessels Pvt.Ltd. |
10,000,000 |
Modernisation |
6 years 11 months |
25 |
ECB |
Balrampur Chini Mills Ltd. |
20,057,658 |
Rupee Expenditure Loc.CG |
5 years |
26 |
FCCB |
Educomp Solutions Ltd. |
25,000,000 |
Capital expenditure /expansion |
5 years 5 months |
27 |
ECB |
TVS Motor Company Ltd |
15,043,244 |
Import of Capital Goods, Rupee Expenditure |
3 years 1 month |
28 |
ECB |
Moog Controls (I) Pvt. Ltd |
750,000 |
Project |
7 years 4 months |
29 |
ECB |
Mula Trading Pvt. Ltd. |
69,535 |
Import of Capital Goods |
10 years 1 month |
30 |
ECB |
Industrias Del Recambio
India Pvt.Ltd. |
463,566 |
Modernisation |
4 years |
31 |
ECB |
Hwashin Automotive India
Pvt Ltd. |
20,000,000 |
Modernisation, Import of capital goods |
5 years |
32 |
ECB |
Stemcor India Pvt.Ltd. |
5,000,000 |
Import of Capital Goods |
6 years |
33 |
ECB |
Communication Test
Design India (P) Ltd |
250,000 |
Rupee Expenditure Loc.CG |
6 years 11 months |
34 |
ECB |
Woco Motherson Advanced
Rubber Tecl Ltd. |
772,610 |
Import of Capital Goods |
3 years 1 month |
35 |
ECB |
Archies Ltd. |
2,000,000 |
Project |
5 years |
36 |
ECB |
Floeter India Retort Pouches Pvt Ltd |
141,645 |
Project |
5 years 4 months |
37 |
ECB |
Illies Engineering
(India) Pvt. Ltd. |
482,881 |
Project |
4 years 2 months |
38 |
ECB |
Enercon (India) Ltd. |
19,315,250 |
Modernisation |
7 years 11 months |
39 |
ECB |
India Glycols Limited |
20,000,000 |
Modernisation |
5 years |
40 |
ECB |
Hueco Electronic
(India) Pvt. Ltd. |
321,921 |
Import of Capital Goods,
Rupee Expenditure |
3 years 11 months |
41 |
FCCB |
Gati Ltd. |
20,000,000 |
Modernisation, New project |
5 years |
42 |
ECB |
Dhayanart Painting & Canvas Pvt.Ltd. |
1,416,452 |
Project |
9 years 4 months |
43 |
ECB |
Mankind Pharma Ltd. |
700,000 |
Project |
5 years |
44 |
ECB |
Chambal Fertilisers &Chemical Ltd. |
154,000,000 |
Import of Capital Goods |
14 years 5 months |
45 |
ECB |
Ocimum Biosolutions
(India) Ltd. |
2,600,000 |
Modernisation |
7 years 3 months |
46 |
ECB |
Liberal Association For
Movement Of Peop |
128,768 |
Onward/Sub-lending. |
4 years 7 months |
47 |
ECB |
Nanayasurabhi Development
Financial Serv |
225,345 |
Onward/Sub-lending-Micro
finance activity |
7 years 11 months |
48 |
ECB |
CMP-IR India Pvt. Ltd. |
307,112 |
Rupee Expenditure Loc.CG |
3 years 9 months |
49 |
ECB |
CMP-IR India Pvt. Ltd. |
307,112 |
Rupee Expenditure Loc.CG |
3 years 9 months |
50 |
ECB |
Tim Tecno Industrial Mfg. Pvt Ltd |
128,768 |
Modernisation |
3 years 8 months |
51 |
ECB |
Global Green Company Ltd. |
9,000,000 |
Overseas Acquisition |
5 years 3 months |
52 |
ECB |
Newquest Corporation Ltd. |
3,000,000 |
Overseas Acquisition |
4 years |
53 |
ECB |
Delval Flow Controls Pvt.Ltd. |
460,000 |
Modernisation |
6 years 3 months |
54 |
FCCB |
ISMT Ltd. |
20,000,000 |
Import of Capital Goods, Rupee
Exp.,Ovs.Dir.Invt |
5 years |
55 |
ECB |
Nefab India Pvt. Ltd. |
2,300,000 |
Project |
6 years 4 months |
56 |
FCCB |
Assam Company Ltd. |
48,000,000 |
Rupee Expenditure Loc.CG, Overseas Invt. Acqun. |
5 years |
57 |
ECB |
Claudius Peters (India) Pvt. Ltd. |
103,015 |
Rupee Expenditure Loc.CG,
Imp of capital goods |
3 years 1 month |
58 |
ECB |
Torrent Pharmaceuticals Ltd |
19,800,115 |
Refinancing of old loans |
5 years 9 months |
59 |
FCCB |
KEI Industries Ltd. |
36,000,000 |
Project |
5 years 7 months |
60 |
ECB |
SE Forge Ltd. |
13,826,178 |
Import of Capital Goods |
9 years 2 months |
61 |
ECB |
J.K.Paper Ltd. |
3,027,344 |
Import of Capital Goods |
5 years 3 months |
62 |
ECB |
Maharani Paints (India) Pvt, Ltd. |
2,700,000 |
Project |
5 years |
63 |
ECB |
Super Spinning Mills Ltd. |
9,000,000 |
Modernisation |
5 years |
64 |
ECB |
Bharat Petroleum Corporation Ltd. |
197,506,533 |
Rupee Expenditure Loc.CG |
5 years 2 months |
65 |
ECB |
Jay Bharat Maruti Ltd. |
4,345,144 |
Modernisation |
4 years 10 months |
66 |
ECB |
Cvent India Pvt. Ltd. |
550,000 |
Project, cap Exp., Import of capital goods |
8 years 3 months |
67 |
ECB |
Parabolic Drugs Ltd. |
2,150,000 |
Project |
4 years 11 months |
68 |
ECB |
Dogetech Machinery Manufacturing Pvt. Lt |
450,000 |
Project |
15 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 |
Export-Import Bank of India |
221,725,815 |
Onward/Sub-lending. |
5 years |
2 |
ECB |
ALD Automotive Pvt.Ltd. |
5,043,775 |
Rupee Expenditure Loc.CG |
5 years 4 months |
3 |
ECB |
IBS Software Services (P) Ltd |
2,500,000 |
Rupee Expenditure Loc.CG, Capital Expenditure |
4 years 11 months |
4 |
ECB |
Health Prime services (I) Pvt.Ltd. |
3,395,000 |
Project |
7 years 11 months |
5 |
ECB |
iGate Clinical Research
International PL |
103,260 |
Rupee Expenditure Loc.CG |
3 years |
6 |
ECB |
Reliance Energy limited |
150,000,000 |
Project -power |
9 years 11 months |
|
