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 February 2007.
|
I. Automatic Route*
|
|
|
|
Sr.
No.
|
ECB
/ FCCB
|
Borrower
|
Equivalent
Amount in
USD
|
Purpose
|
Maturity
Period (Aprx)
|
1 |
ECB
|
Shewalkar
Developers Ltd. #
|
4,000,000
|
Other, project, repayment of loan
|
9 years 11 months
|
2 |
ECB
|
Prasad
Corporation (P) Ltd. #
|
500,000
|
Import of Capital Goods
|
4 years
|
3 |
ECB
|
Fabritex
Exports (P) Ltd.
|
100,000
|
Modernisation
|
5 years
|
4 |
ECB
|
Fabritex
Exports (P) Ltd.
|
200,000
|
Modernisation
|
3 years
|
5 |
ECB
|
Lenovo
India Private Ltd #
|
2,044,711
|
Other
|
3
years
|
6 |
ECB
|
Radiance
Software Private Ltd #
|
195,923
|
Rupee Expenditure Loc.CG
|
5 yearfs 1 month
|
7 |
ECB
|
Endurance
Technologies Pvt.Ltd.
|
4,768,217
|
Modernisation
|
4 years 9 months
|
8 |
ECB
|
Dishman
Pharmaceuticals and Chemicals Lt
|
12,553,505
|
Rupee Expenditure Loc.CG ,
Investments in WOS
|
6 years
|
9 |
ECB
|
Walvoil
Fluid Power (India) Pvt.Ltd.
|
1,961,485
|
Rupee Expenditure Loc.CG
|
7 years
|
10 |
ECB
|
Bericap
India Pvt. Ltd
|
366,144
|
Project
|
3 years 11 months
|
11 |
ECB
|
Genix
Automation Pvt Ltd
|
47,900
|
Project
|
3 years
|
12 |
ECB
|
East
West Seeds India Pvt. Ltd.
|
400,000
|
Modernisation
|
7 yeas 8 months
|
13 |
ECB
|
Singapore
Realty Pvt Ltd #
|
3,260,938
|
Development of Integrated Township
|
4 years
|
14 |
ECB
|
Addesso
Pelle Pvt Ltd
|
457,680
|
Modernisation
|
6 years 11 months
|
15 |
FCCB
|
Ruchi
Infrastructure Ltd.
|
40,000,000
|
Modernisation
|
5 years
|
16 |
ECB
|
Raymond
Ltd.
|
9,762,821
|
Rupee Expenditure Loc.CG
|
3 years 6 months
|
17 |
ECB
|
Mutual
Industries Ltd.
|
3,000,000
|
Modernisation
|
5 years 9 months
|
18 |
ECB
|
Ghaziabad
Precision Products Pvt. Ltd.
|
1,163,815
|
Modernisation
|
5 years 5 months
|
19 |
FCCB
|
Adani
Enterprises Limited #
|
250,000,000
|
Other
|
5
yeasrs 6 months
|
20 |
ECB
|
Ashok
Leyland Limited
|
25,000,000
|
Capital Expenditure
|
6 years 6 months
|
21 |
ECB
|
Daetwyler
Graphics India Pvt. Ltd. #
|
885,848
|
Project, Modernisation
|
4 years 10 months
|
22 |
ECB
|
Heritage
Foods (India) Ltd. #
|
15,420,000
|
Project, Expansion
|
6 years 8 months
|
23 |
ECB
|
Fleetguard
Filters Pvt. Ltd.
|
2,244,400
|
Project
|
5 years
|
24 |
ECB
|
Cera
Sanitaryware Ltd.
|
3,500,000
|
Project
|
5 years 1 month
|
25 |
ECB
|
John
Energy Ltd
|
15,000,000
|
Import of Capital Goods
|
5 years 11 months
|
26 |
ECB
|
Prakash
Steelage Ltd
|
3,500,000
|
Project
|
5 years
|
27 |
FCCB
|
Rajesh
Exports Ltd. #
|
150,000,000
|
Modernisation
|
5 years
|
28 |
ECB
|
Mutual
Industries Ltd.
|
5,021,555
|
Modernisation
|
4 years 9 months
|
29 |
ECB
|
Balrampur
Chini Mills Ltd.
|
10,050,573
|
Rupee Expenditure Loc.CG
|
5 years 11 months
|
30 |
ECB
|
TIBCO
Software India Pvt. Ltd. #
|
1,000,000
|
Modernisation
|
3 years
|
31 |
ECB
|
Seyang
Automotive India Pvt Ltd
|
2,000,000
|
Rupee Expenditure Loc.CG
|
4 years
|
32 |
FCCB
|
Grabal
Alok Impex Ltd.
|
25,000,000
|
Modernisation, acquisition abroad
|
5 yeasrs 1 month
|
33 |
ECB
|
Bajaj
Hindusthan Sugar And Industries Lt
|
130,000,000
|
Import of Capital Goods,Rupee Exp.,
Project,Modernisation
|
9 years
11 months
|
34 |
ECB
|
Rajshree
Sugars & Chemicals Ltd.
|
29,853,187
|
Project
|
6 years 5 months
|
35 |
ECB
|
Binani
Cement Ltd.
|
9,370,000
|
Import of Capital Goods
|
7 years 6 months
|
36 |
ECB
|
Emami
Biotech Pvt. Ltd.
|
17,500,000
|
Project
|
7 years 5 months
|
37 |
ECB
|
Enkei
Castalloy Ltd.
|
2,487,766
|
Modernisation - Procurement
of Machinary
|
4 years 6 months
|
38 |
ECB
|
ABAS
Technologies Pvt. Ltd. #
|
29,532
|
Project
|
3 years 1 month
|
39 |
ECB
|
Bellsonica
Auto Component India Pvt. Ltd
|
6,634,042
|
Project
|
14 years 10 months
|
40 |
ECB
|
Malwan
Hotels Pvt Ltd #
|
8,816,549
|
Project
|
6 years
|
41 |
ECB
|
Ballarpur
Industries Limited.
|
20,000,000
|
Overseas Acquisition
|
6 years 11 months
|
42 |
ECB
|
Mithros
Chemicals Pvt.Ltd.
|
130,766
|
Modernisation
|
9 years 1 month
|
43 |
ECB
|
Strides
Arcolab Limited
|
15,000,000
|
Rupee Expenditure Loc.
CG - Capital Expansion
Programme
|
6
years 11 months
|
44 |
ECB
|
Tamil
Nadu Newsprint and papers Ltd.
|
5,027,360
|
Modernisation
|
5 years
|
45 |
ECB
|
Sharda
Motor Industries Ltd.
|
7,500,000
|
Modernisation
|
5 years
|
46 |
ECB
|
Daechang
India Seat Company Pvt. Ltd.
|
1,300,000
|
Project
|
3 years
|
47 |
FCCB
|
Kalindee
Rail Nirman (Engineer) Ltd.
|
7,000,000
|
Project - Railway
|
5 years 3 months
|
48 |
ECB
|
Sampurnam
Hosieries Impex (P) Ltd
|
201,329
|
Modernisation
|
4 years 10 months
|
49 |
ECB
|
Shasun
Chemicals & Drugs Ltd.
|
5,948,531
|
Modernisation
|
5 years 1 month
|
50 |
ECB
|
Pragmacs
Financial Services (P) Ltd #
|
100,000
|
Project - Urban Infrastructure
|
6 years
|
51 |
FCCB
|
Suryajyoti
Spinning Mills Ltd.
|
10,000,000
|
Project , Modernisation
|
5 years 5 months
|
52 |
ECB
|
Mutual
Industries Ltd.
|
6,000,000
|
Modernisation
|
5 years 9 months
|
53 |
ECB
|
Gulbrandsen
Technologies (India) Pvt.Ltd
|
650,000
|
Capital Expenditure-Expansion
|
3 years 7 months
|
54 |
ECB
|
Finolex
Cables Ltd.
|
29,935,284
|
Modernisation
|
5 years 6 months
|
55 |
ECB
|
Pioneer
Embroideries Ltd.
|
2,000,715
|
Project
|
5 years
|
56 |
ECB
|
Korea
Fuel-Tech India Pvt Ltd
|
3,269,142
|
Project, Import of Capital
|
3 years
|
57 |
ECB
|
News
Outdoor India Pvt Ltd #
|
2,000,000
|
Project
|
4 years
|
58 |
ECB
|
RLE
India Pvt Ltd
|
261,531
|
Modernisation
|
3 years 7 months
|
59 |
ECB
|
Tata
Autocomp Systems Ltd
|
15,000,000
|
Modernisation
|
5 years
|
60 |
ECB
|
The
Great Eastern Shipping Co. Ltd.
|
10,275,268
|
Refinancing of old loans
|
2 years 8 months
|
61 |
ECB
|
Emcure
Pharmaceuticals Limited
|
5,000,000
|
Project
|
5 years 5 months
|
62 |
ECB
|
Intelenet
Global Services Pvt Lt
|
10,000,000
|
Project
|
4 years 5 months
|
63 |
FCCB
|
Reliance
Communications Ltd
|
500,000,000
|
Import of Capital Goods,
Rupee Exp.,Telecomm.
|
5 years
|
64 |
ECB
|
The
Great Eastern Shipping Co. Ltd.
|
40,093,693
|
Capital Acquisition
|
9 years 11 months
|
65 |
FCCB
|
Orchid
Chemicals & Pharmaceuticals Ltd.#
|
200,000,000
|
Project,Modernisation,
Repayment of Loans
|
4 years 11 months
|
66 |
ECB
|
Suncity
Projects Private Ltd
|
150,000,000
|
Modernisation
|
6 years 2 months
|
67 |
ECB
|
Reliance
Industries Ltd.
|
200,000,000
|
Modernisation
|
7 years 4 months
|
68 |
FCCB
|
Aksh
Optifibre Ltd.
|
8,750,000
|
Modernisation, Telecommn.
|
3 years 3 months
|
69 |
ECB
|
Industrias
Del Recambio India Pvt.Ltd.
|
1,961,485
|
Modernisation
|
3 years 11 months
|
70 |
ECB
|
Otsuka
Chemical (India) Ltd.
|
4,146,276
|
Project
|
4 years 7 months
|
71 |
ECB
|
Asahi
India Glass Ltd.
|
14,600,000
|
Modernisation
|
10 years 5 months
|
72 |
ECB
|
NVH
India Auto Parts Pvt. Ltd.
|
3,000,000
|
Project
|
3 years
|
73 |
ECB
|
Cords
Cable Industries Ltd
|
5,600,000
|
Modernisation
|
5 years 11 months
|
74 |
ECB
|
CESC
Ltd.
|
15,000,000
|
Rupee Expenditure Loc.CG
|
6 years 11 months
|
75 |
ECB
|
CESC
Ltd.
|
50,000,000
|
Rupee Expenditure Loc.
CG -Power
|
11 years 5 months
|
76 |
FCCB
|
Flex
Industries Ltd
|
85,000,000
|
Rupee Expenditure Loc.CG ,
Modernisation,Overseas
Invt.
|
5
years
|
77 |
ECB
|
Bilcare
Limited
|
19,514,033
|
Overseas Acquisition
|
5 years 3 months
|
78 |
ECB
|
India
Gypsum Limited
|
10,282,765
|
Project
|
7 years
|
79 |
ECB
|
Bajaj
Hindusthan Sugar And Industries Lt
|
15,000,000
|
Rupee Expenditure Loc.CG ,
Modernisation,Import
of Cap
|
6
years 11 months
|
80 |
ECB
|
Ballarpur
Industries Limited.
|
9,757,017
|
Import of Capital Goods
|
4 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,
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 |
Jet
Airways (I) Ltd |
177,500,000 |
Import of Capital Goods |
12 years 8 months |
|
2 |
ECB |
Infrastructure
Development Finance Com. |
75,000,000 |
Onward/Sub-lending. |
9 years 10 months |
|
3 |
ECB |
Royal Castor
Products Ltd |
450,000 |
Modernisation |
7 years 8 months |
|
4 |
ECB |
Chowgule
Steamships Limited |
30,000,000 |
Import of Capital Goods |
8 years 2 months |
|
5 |
FCCB |
Indian Railway Finance Corporation Ltd. |
124,388,280 |
Rupee Expenditure Loc.CG |
5 years |
|
6 |
FCCB |
Reliance Communications Ltd |
500,000,000 |
Import of Capital Goods,
Rupee Exp.,Telecomm. |
5
years |
|
