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 October 2008.
| Data on ECB/FCCB for the month of October 2008* |
| I AUTOMATIC ROUTE* |
| ECB/
FCCB |
Borrower |
Equivalent
Amount
in USD |
Purpose |
Maturity Period (Appx) |
| ECB |
B C Instruments India Pvt. Ltd |
394,419 |
Import of Capital Goods |
6 Years 1month |
| ECB |
Omya India Pvt. Ltd.# |
920,854 |
Rupee Expenditure Loc.CG |
4 years 7 Months |
| ECB |
Unipres Autoparts India Pvt Ltd |
3,992,774 |
Import of Capital Goods |
8 Years |
| ECB |
Georg Fischer Piping Systems Pvt. Ltd. |
2,278,572 |
Import of Capital Goods |
5 Years 3 Months |
| ECB |
Reliance Industries Ltd. |
100,000,000 |
Import of Capital Goods |
11 Years |
| ECB |
INA Bearings India Pvt.Ltd. |
2,000,000 |
Import of Capital Goods |
3 Years 10 Months |
| ECB |
Woosu Automotive India Pvt Ltd |
2,000,000 |
Import of Capital Goods |
3 years |
| ECB |
Parag Milk Foods Pvt. Ltd |
8,081,374 |
Import of Capital Goods |
5 Years 3 Months |
| ECB |
Electrosteel Castings Ltd. |
77,500,000 |
Import of Capital Goods |
6 Years 4 Months |
| ECB |
Saacke Machines & Tools Pvt. Ltd. |
399,945 |
Import of Capital Goods |
10 Years 5 Months |
| ECB |
Jubilant Organosys Ltd. |
25,478,887 |
Overseas Acquisition |
7 Years |
| ECB |
Micro Inks Ltd. |
5,000,000 |
Overseas Acquisition |
4 Years |
| ECB |
Hwaseung Materials (India) Pvt.Ltd. |
3,300,000 |
Import of Capital Goods |
5 Years |
| ECB |
Bundy India Ltd |
500,000 |
Import of Capital Goods |
3 Years 2 Months |
| ECB |
Jaiprakash Associates Ltd. |
60,000,000 |
Import of Capital Goods |
5 years 4 Months |
| ECB |
Dynamatic Technologies Ltd. |
8,153,244 |
Overseas Acquisition |
5 Years |
| ECB |
Elder Exim Pvt Ltd |
500,000 |
Import of Capital Goods |
8 Years 3 Months |
| ECB |
Fresh Acres Agri India Pvt. Ltd |
285,591 |
Import of Capital Goods |
3 Years |
| ECB |
Global Auto-Parts Alliance India Pvt. Lt |
3,274,074 |
Import of Capital Goods |
6 years |
| ECB |
Triveni Bialetti Industries Pvt.Ltd. |
2,666,297 |
Import of Capital Goods |
3 Years |
| ECB |
Behr India Ltd |
2,666,297 |
Import of Capital Goods |
5 Years 8 Months |
| ECB |
Schott Glass India Pvt.Ltd. |
11,998,335 |
Import of Capital Goods |
3 Years 9 Months |
| ECB |
Hanil Tube India Pvt. Ltd |
250,000 |
Import of Capital Goods |
3 Years 3 Months |
| ECB |
Gallup India Pvt. Ltd.# |
128,000 |
Working Capital |
6 years |
| ECB |
Gallup India Pvt. Ltd.# |
77,872 |
Refinancing of old loans |
6 Years 7 Months |
| |
Total of Automatic Route |
321,846,533 |
|
|
| |
*Based on Form 83 submitted for allotment of Loan Registration Number |
| |
#Clarification sought from company on conformity with end-use,eligibility of borrower and other parameters of ECB |
| II APPROVAL ROUTE* |
| ECB |
Husco Hydraulics Pvt. Ltd. |
5,000,000 |
Import of Capital Goods |
3 Years 6 Months |
| ECB |
Daneli Jewellery Pvt. Ltd |
200,000 |
Modernisation |
3 years |
| ECB |
Tenax India Stone Products Pvt. Ltd |
293,293 |
Rupee Expenditure Loc.CG |
5 Years |
| ECB |
Aesseal India Pvt Ltd |
957,008 |
Rupee Expenditure Loc.CG |
8 Years |
| ECB |
Endress + Hauser Flowtec Ind P. Ltd. |
5,784,066 |
Rupee Expenditure Loc.CG |
5 years 6 Months |
| ECB |
Shriram Pistons & Rings Ltd. |
8,676,297 |
Rupee Expenditure Loc.CG |
5 Years 6 Months |
| ECB |
Reliance Industries Ltd. |
300,000,000 |
Project |
10 Years |
| ECB |
MCC PTA India Corp.Pvt.Ltd. |
30,000,000 |
Modernisation |
5 Years 1 Month |
| ECB |
Essar Shipping Ports & Logistics Ltd. |
75,000,000 |
Leasing & hire purchase |
10 Years |
| ECB |
Essar Shipping Ports & Logistics Ltd. |
73,000,000 |
Leasing & hire purchase |
10 Years |
| ECB |
Munjal Showa Ltd. |
11,364,432 |
Import of Capital Goods |
5 Years 3 Months |
| ECB |
BP Energy India Pvt.Ltd. |
86,388,014 |
Rupee Expenditure Loc.CG |
10 Years |
| ECB |
Motherson Sumi Systems Ltd. |
20,000,000 |
Modernisation |
6 years |
| ECB |
Veena Industries Ltd |
2,000,000 |
Rupee Expenditure Loc.CG |
6 Years 3 Months |
| ECB |
Nectar Life Sciences Ltd. |
20,383,110 |
Rupee Expenditure Loc.CG |
6 Years 3 Months |
| ECB |
Smithers Oasis (India) Pvt. Ltd |
500,000 |
Rupee Expenditure Loc.CG |
3 Years 3 Months |
| ECB |
D B Corp Limited |
36,670,086 |
Import of Capital Goods |
9 Years 5 Months |
| ECB |
Jagran Prakashan Ltd. |
12,000,000 |
Modernisation |
4 Years 11 Months |
| ECB |
Jain Irrigation Systems Ltd. |
52,500,000 |
Import of Capital Goods |
8 Years 6 Months |
| ECB |
Great Offshore Ltd. |
50,000,000 |
Rupee Expenditure Loc.CG |
8 Years 9 Months |
| ECB |
Lincoln Electric Co.(India) Pvt. Ltd. |
10,000,000 |
Rupee Expenditure Loc.CG |
5 Years 5 Months |
| ECB |
Kern-Liebers Springs & Stampings Pvt Ltd |
2,666,297 |
Import of Capital Goods |
5 years 6 Months |
| |
Total of Approval Route |
803,382,602 |
|
|
| |
Grand Total |
1,125,229,136 |
|
|
|
