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 September 2006.
I. Automatic Route* |
Sr. No. |
ECB /
FCCB |
Borrower |
Equivalent
Amount in USD |
Purpose |
Maturity Period
(Aprx) |
1 |
ECB |
Sunr Semining Co. Pvt. Ltd. # |
29,981 |
Other |
1 year 1 month |
2 |
ECB |
ICL Fertilizers (India) Pvt. Ltd. |
60,000 |
Rupee Expenditure Loc.CG |
4 years |
3 |
ECB |
Yed Chemicals Pvt Ltd |
110,000 |
Project |
5 years 7 months |
4 |
ECB |
Turbomach India Pvt.Ltd. |
281,174 |
Rupee Expenditure Loc.CG |
3 years 6 months |
5 |
ECB |
Sarat Chatterjee & Co P L
(Visakhpatnam) |
2,150,045 |
Import of Capital Goods |
5 years 7 months |
6 |
ECB |
W.B.Engineers International Pvt Ltd |
260,440 |
Rupee Expenditure Loc.CG,
Import of Capital Goods |
4 years 10 months |
7 |
ECB |
CPS Color India Pvt Ltd |
318,525 |
Import of Capital Goods |
3 years |
8 |
ECB |
GDS International Pvt Ltd. |
188,758 |
Import of Capital Goods |
3 years |
9 |
ECB |
Mahindra Renault Pvt.Ltd. |
25,029,700 |
Import of Capital Goods, Rupee
Expenditure Loc.CG |
4 years 11 months |
10 |
ECB |
Salcomp Manufacturing India Pvt.Ltd. |
5,000,000 |
Project |
3 years 5 months |
11 |
ECB |
Amrut Runwal Multi Housing Pvt. Ltd. |
100,000,000 |
Project |
5 years 11 months |
12 |
ECB |
Emami Paper Mills Ltd |
10,000,000 |
Modernisation |
6 years 8 months |
13 |
ECB |
Indiabulls Real Estate Company Pvt Ltd |
90,000,000 |
Project |
5 years |
14 |
ECB |
Seven India Hospitality Pvt Ltd |
668,903 |
Project |
6 years 2 months |
15 |
FCCB |
Shah Alloys Limited |
10,000,000 |
Modernisation |
4 years 9 months |
16 |
ECB |
Nakshtra Enterprises Pvt.Ltd. |
2,500,000 |
Project |
4 years 9 months |
17 |
ECB |
India Glycols Limited |
5,000,000 |
Modernisation |
5 years |
18 |
ECB |
AMC Cookware (India) Pvt Ltd |
369,489 |
Modernisation |
3 years 11 months |
19 |
ECB |
Talbros Automotive Components Ltd. |
2,670,000 |
Project |
5 years |
20 |
ECB |
Poppys knitwear Pvt. Ltd. |
2,818,705 |
Rupee Expenditure Loc.CG |
4 years 11 months |
21 |
ECB |
Schurter Electronics (India) P.Ltd |
241,006 |
Project |
8 years 2 months |
22 |
ECB |
Suryavardhan Estates P Ltd. # |
53,821 |
Other |
3 years |
23 |
ECB |
Wonjin Autoparts India Pvt.Ltd. |
299,972 |
Modernisation |
5 years 5 months |
24 |
ECB |
Trumpf India Pvt. Ltd. |
2,548,201 |
Import of Capital Goods |
3 years 5 months |
25 |
ECB |
Alpha Packing Ltd. |
1,100,000 |
Project |
5 years 1 year |
26 |
ECB |
Goltens India Pvt Ltd. # |
650,000 |
Other |
10 years |
27 |
ECB |
Five Stars Bulk Carriers Pvt Ltd |
5,300,000 |
Import of Capital Goods |
5 years 8 months |
28 |
ECB |
Bhushan Steel & Strips Ltd. |
16,721,297 |
Import of Capital Goods |
18 years 9 months |
29 |
ECB |
Reliance Industries Ltd. |
300,000,000 |
Modernisation |
11 years 10 months |
30 |
ECB |
Asrani Inns & Resorts Pvt. Ltd. |
30,000,000 |
Project |
18 years 1 month |
31 |
ECB |
Supreme Mannings Induction
Heating Pvt Ltd |
26,700 |
Modernisation |
7years 5 months |
32 |
ECB |
Swiss Re Shared Services
(India) Pvt Ltd |
4,016,774 |
Modernisation |
3 years |
33 |
ECB |
Parakh Agro Industries Ltd. # |
6,620,557 |
Other |
5 years 5 months |
34 |
ECB |
Nava Bharat Ventures Ltd. |
17,085,309 |
Project |
6 years 11 months |
35 |
ECB |
Alembic Ltd |
1,964,499 |
Refinancing of old loans |
3 years 3 months |
36 |
ECB |
Baumuller Kat India Pvt.Ltd. |
113,217 |
Project |
3 years |
37 |
ECB |
Birlasoft Ltd |
4,000,000 |
Rupee Expenditure Loc.CG |
5 years 9 months |
38 |
ECB |
Niehoff of India Pvt.Ltd. |
856,196 |
Project |
8 years 5 months |
39 |
ECB |
Essar Oil Ltd. |
100,000,000 |
Project |
7 years 6 months |
40 |
ECB |
Essar Oil Ltd. |
100,000,000 |
Project |
7 years 6 months |
41 |
ECB |
Ashok Leyland Limited |
20,109,409 |
Rupee Expenditure Loc.CG |
5 years 3 months |
42 |
ECB |
Weir Engineering Service (India) Ltd. |
302,012 |
Project |
4 years |
43 |
ECB |
Dic India Ltd. |
3,000,000 |
Project, Modernisation |
3 years 6 months |
44 |
ECB |
Mahindra Ugine Steel Co. Ltd. |
12,555,891 |
Overseas Acquisition |
5 years 4 months |
45 |
ECB |
Brakes India Limited |
5,022,355 |
Modernisation |
4 years 9 months |
46 |
ECB |
Grasim Industries Ltd |
25,000,000 |
Overseas Acquisition, Rupee
Expenditure Loc.CG, Modernisation |
3 years 5 months |
47 |
ECB |
L & T Interstate Rd Corridor Ltd. |
55,000,000 |
Project |
16 years 3 months |
48 |
ECB |
Ceat Ltd. |
10,000,000 |
Modernisation |
5 years 8 months |
49 |
FCCB |
Nava Bharat Ventures Ltd. |
51,255,928 |
Modernisation |
5 years |
50 |
ECB |
Alchymars ICM SM Pvt.Ltd |
150,000 |
Modernisation |
3 years |
51 |
ECB |
Yahoo Web Services (India) Pvt.Ltd. |
2,000,000 |
Rupee Expenditure Loc.CG |
9 years 11 months |
52 |
ECB |
NVH India Auto Parts Pvt. Ltd. |
4,000,000 |
Project |
3 years |
53 |
ECB |
Videocon Industries Ltd |
60,000,000 |
Modernisation |
7 years |
54 |
ECB |
Emuge India Pvt. Ltd. |
254,565 |
Modernisation |
5 years 11 months |
55 |
ECB |
Scientific Atlanta India Technology Ltd. |
1,100,000 |
Rupee Expenditure Loc.CG |
3 years 7 months |
56 |
ECB |
Phillips Carbon Black Ltd |
16,000,000 |
Project |
6 years 11 months |
57 |
ECB |
National Thermal Power Corporation Ltd. |
300,000,000 |
Rupee Expenditure Loc.CG,
Import of Capital Goods |
10 years 8 months |
58 |
ECB |
Southern Iron & Steel Limited |
30,000,000 |
Modernisation |
6year 6 months |
59 |
ECB |
Salora Intl. Ltd. |
5,000,000 |
Rupee Expenditure Loc.CG |
5 years |
60 |
ECB |
Desmet Ballestra Rosedowns India Pvt.Ltd |
1,226,924 |
Project |
6 years 11 months |
61 |
ECB |
RA Chem Pharma Ltd. |
1,000,000 |
Project |
5 years |
62 |
ECB |
Leighton Contractors(India) Pvt. Ltd. |
20,000,000 |
Project |
3 years 4 months |
63 |
FCCB |
Zenith Infotech Ltd. |
33,000,000 |
Project |
5 years |
64 |
ECB |
Hikal Technologies Ltd. |
8,018,477 |
Project |
6 years 11 months |
65 |
ECB |
Precision Hydraulics Pvt Ltd |
250,000 |
Project |
3 years |
66 |
ECB |
ABG Shipyard Ltd. |
14,000,000 |
Project |
9 years 10 months |
67 |
ECB |
Isagro (Asia) Agrochemicals Pvt.Ltd. |
3,822,302 |
Refinancing of old loans |
3 years |
68 |
ECB |
Madhucon Project Ltd. |
12,000,000 |
Project |
5 years 1 month |
69 |
ECB |
Giesecke & Devrient(India)Pvt. Ltd. |
3,057,841 |
Modernisation |
3 years |
70 |
FCCB |
Bhagya Nagar India Ltd. # |
15,000,000 |
Other |
5 years |
*: 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 |
Srei Infrastructure Finance Ltd. |
45,000,000 |
Import of Capital Goods |
9years 1 month |
2 |
ECB |
CAE Visual Software Pvt Ltd |
716,734 |
Import of Capital Goods, Rupee Expenditure Loc.CG |
4 years 4 months |
3 |
ECB |
Conexant Systems India Pvt.Ltd. |
611,919 |
Project, Modernisation, Import
of Capital Goods |
6 years 6 months |
4 |
ECB |
Export-Import Bank of India |
99,436,500 |
Onward/Sub-lending. |
5 years |
|
