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back Data on ECB/FCCB for the month of January 2007

75956106

Data on ECB/FCCB for the month of January 2007

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 January 2007.

I. Automatic Route*

   

Sr.
No.

ECB /
FCCB

Borrower

Equivalent
Amount
in USD

Purpose

Maturity
Period (Aprx)

1

ECB

CASHPOR Financial &
Technical Services

50,000

Onward/Sub-lending.

4 years 11 months

2

ECB

Curans IT India Pvt. Ltd.

78,949

Refinancing of old loans

5 years 11 months

3

ECB

Highland House Pvt.Ltd. #

2,000,000

Rupee Expenditure Loc.CG

7 years 7 months

4

ECB

Artline (India) Pvt. Limited

45,368

Import of Capital Goods

4 years 7 months

5

ECB

LCP Building Products Pvt.Ltd.

138,000

Project

6 years 10 months

6

ECB

Sri Gajanan Agro Mills (India) Pvt.Ltd. #

500,000

Project

3 years 4 months

7

ECB

Hathway Cable and
Datacom Pvt.Ltd.

3,000,000

Import of Capital Goods

6 years

8

ECB

Giltedge Enterprise (P) Ltd. #

391,754

Other

4 years 6 months

9

ECB

Varun Shipping Company Ltd.

48,000,000

Import of Capital Goods

10 years 10 months

10

ECB

Cadila Healthcare Limited

6,504,697

Refinancing of old loans

3 years

11

ECB

Northern Operating
Services PVT.Ltd. #

4,500,000

Project

6 years 8 months

12

ECB

Cimnet Systems I Pvt.Ltd.#

1,000,000

Rupee Expenditure Loc.CG

6 years 11 months

13

ECB

Gummi Metall Technik (India)
Pvt.Ltd. #

910,658

Other

10 years 9 months

14

ECB

Gujarat Pipavav Port Limited

7,099,992

Modernisation, Port

3 years

15

ECB

Indiamalt Pvt Ltd

2,601,879

Project

3 years 6 months

16

ECB

MCC PTA India Corp.Pvt.Ltd.

71,074,378

Rupee Expenditure Loc.CG

7 years 11 months

17

ECB

Medley Pharmaceuticals Ltd.

3,950,000

Project

5 years

18

ECB

Roechling Engineering Plastics
(I) Pvt L

225,063

Project

5 years

19

ECB

Kaico Deer Abrasive Pvt.Ltd.

500,000

Modernisation

3 years

20

ECB

MCC PTA India Corp.Pvt.Ltd.

114,000,000

Import of Capital Goods

9 years 7 months

21

ECB

Communication Test Design
India (P) Ltd #

1,000,000

Rupee Expenditure Loc.CG

5 years

22

ECB

Eicher Motors Ltd.

11,000,000

Modernisation

5 years 5 months

23

ECB

IP Softcom (India) Pvt. Ltd #

116,980

Rupee Expenditure Loc.CG

4 years 4 months

24

ECB

Steelcast Ltd.

910,658

Modernisation

3 years 1 month

25

ECB

SEP Energy Pvt. Ltd.

500,000

Project

10 years 1 month

26

ECB

Killian Eco Tourism Pvt.Ltd. #

1,561,127

Project

26 years 7 months

27

ECB

Tieto Enator Technologies Pvt Ltd

1,300,939

Modernisation

3 years 2 months

28

ECB

Rittal India Pvt.Ltd.

1,300,939

Modernisation

5 years

29

ECB

Allied Nippon Ltd.

4,228,053

Project

5 years 1 month

30

ECB

SouthIndian Feded.Of
Fishermen Societies

260,188

Onward/Sub-lending.

4 years 5 months

31

ECB

Ruthinium Dental Products Pvt. Ltd

100,000

Modernisation

5 years 3 months

32

ECB

Menshen Ropa Plastics Pvt.Ltd.

234,429

Modernisation

3 years

33

ECB

KKP Textiles Ltd

1,820,000

Modernisation

5 years 1 month

34

ECB

KMT Producation
Machinery India Pvt. Ltd

650,470

Project

3 years

35

ECB

Grasim Industries Ltd. #

30,056,370

Modernisation, Capital Expenditure

4 years 7 months

36

ECB

ABG Heavy Industries Ltd.

8,203,724

Import of Capital Goods

7 years 9 months

37

ECB

Appu Hotels Ltd. #

10,000,000

Project

9 years 1 month

38

ECB

Halcrow Consulting India Ltd. #

338,352

Roads,Power,Railways & Ports

4 years

39

ECB

Interplex Electronics India Limited

1,500,000

Project

7 years 11 months

40

ECB

Housing Development
Finance Corpn.Ltd.

200,000,000

Refinancing of old loans

4 years 6 months

41

ECB

Featherlite office Systems Pvt.Ltd.

3,578,139

Project

4 years 11 months

42

ECB

Cross Byrne Design
Studios Pvt.Ltd. #

1,000,000

Rupee Expenditure Loc.CG ,
import of cap. goods

8 years 11 months

43

ECB

Haldiram Snacks Pvt Ltd

10,703,213

Project

5 years 3 months

44

ECB

Usha Martin Ltd

48,948,554

Modernisation

6 years 5 months

45

ECB

Balrampur Chini Mills Ltd.

14,684,566

Rupee Expenditure Loc.CG

5 years

46

ECB

The Great Eastern
Shipping Co. Ltd.

45,000,000

Import of Capital Goods

11 years 5 months

47

ECB

Plastic Export Zundert (I)Pvt. Ltd.

260,188

Rupee Expenditure Loc.CG

7 years 11 months

48

ECB

INA Bearings India Pvt.Ltd.

7,500,000

Modernisation

5 years 6 months

49

ECB

Singapore Realty Pvt Ltd #

100,000

Other

3 years

50

ECB

Rane (Madras) Ltd.

3,240,296

Project

5 years

51

FCCB

Shrenuj & Company Ltd.

15,000,000

Overseas Acquisition

5 years 6 months

52

ECB

Hutchison Essar Ltd.

14,853,439

Telecommunications

5 years

53

ECB

Hutchison Essar South Ltd.

168,338,972

Telecommunications

5 years

54

FCCB

ERA Constructions (India) Ltd. #

75,000,000

Rupee Expenditure Loc.CG

5 years

55

ECB

Wrigley India Pvt. Ltd.

5,000,000

Modernisation

3 years

56

ECB

CASHPOR Micro Credit #

230,000

Cover Operating Expenses

6 years 10 months

57

ECB

Jotun India Private Ltd

3,000,000

Project

5 years 11 months

58

ECB

Ocean Sparkle Ltd

15,564,202

Import of Capital Goods

9 years 7 months

59

ECB

Harsha Engineers Pvt. Ltd.

2,500,000

Modernisation

5 years

60

ECB

Pharma Base India
Private Limited

2,000,000

Project

4 years

61

ECB

Fascel Limited

39,609,170

Telecommunications

5 years

62

ECB

Aircel Digilink India Ltd.. #

74,267,193

Telecommunications

3 years 11months

63

ECB

Jaiprakash Associates Ltd.

38,000,000

Power Project

9 years 11 months

64

ECB

Widerthan India Pvt. Ltd.

760,000

Import of Capital Goods,Rupee Exp,

3 years

65

ECB

Salcomp Manufacturing
India Pvt.Ltd.

2,601,879

Project

3 years 4 months

66

ECB

UltraTech Cement Ltd.

40,000,000

Rupee Expenditure Loc.CG,
Imp.of cap. goods

5 years

67

ECB

Coral Telecom Ltd.

2,300,000

Rupee Expenditure Loc.CG

4 years 11 months

68

ECB

GKB Hitech Lenses Pvt. Ltd.

1,090,000

Project

5 years

69

ECB

Aftek Ltd.

7,805,637

Project

5 years

70

ECB

Oetiker India Pvt Ltd

3,213,678

Project

10 years 9 months

71

ECB

Automotive Axles Ltd

2,181,645

Import of Capital Goods

5 years 9 months

72

ECB

SML Labels (India) Pvt. Ltd. #

800,000

Project

2 years 11 months

73

ECB

Young Kwang Industries Pvt Ltd

1,300,939

Project

4 years 11 months

74

ECB

Kalinga Hospital Ltd. #

448,833

Modernisation

7 years 9 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,
eligibility of borrower and other parameters of ECB.





Annex II

II. Approval Route

Sr. No.

ECB /
FCCB

Borrower

Equivalent
Amount in USD

Purpose

Muturity
Period (Aprx)

1

ECB

Japan CBM Corporation (India) Pvt.Ltd

45,767

Rupee Expenditure Loc.CG

3 years 3 months

2

ECB

Wells Fargo India Solution Pvt.Ltd.

5,000,000

Project

5 years 10 months

3

ECB

Media Star Pvt.Ltd.

222,000

Imports of Books

3 years

4

ECB

Kingfisher Airlines Limited

28,000,000

Import of Capital Goods

7 years 11months

5

ECB

CMS Computers Ltd.

12,000,000

Rupee Expenditure Loc.CG

5 years 3 months

6

ECB

Export-Import Bank of India

50,177,163

Onward/Sub-lending.

5 years

7

ECB

Caterpillar India Private Ltd.

9,000,000

Working Capital

3 years

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