The Reserve Bank of India has released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of October 2010.
Data on ECB/FCCB for the month of October 2010 |
* I AUTOMATIC ROUTE |
| ECB/ FCCB | Borrower | Equivalent Amount in USD | Purpose | Maturity period (approx) |
1 | ECB | Initto Technologies India Pvt. Ltd. | 40,000.00 | Modernisation | 7 Years 5 Months |
2 | ECB | Lorne Stewart International Pvt. Ltd. | 225,170.96 | Import of Capital Goods | 3 Years 11 Months |
3 | ECB | Object Edge India Services Pvt. Ltd. | 139,984.00 | Rupee Expenditure Loc.CG | 4 Years 5 Months |
4 | FCCB | Gitanjali Gems Ltd.# | 110,000,000.00 | Others | 5 Years |
5 | ECB | UEC Technologies Pvt. Ltd.# | 450,341.92 | Others | 2 Years 11 Months |
6 | ECB | Jaiprakash Associates Ltd. | 10,000,000.00 | Rupee Expenditure Loc.CG | 8 Years 1 Month |
7 | ECB | Control Component India Pvt. Ltd.# | 6,779,000.00 | New Project | 5 Years 3 Months |
8 | ECB | Navayuga Engineering Co.Ltd. | 15,000,000.00 | Rupee Expenditure Loc.CG | 6 Years 7 Months |
9 | ECB | S. H. Kelkar & Co. Pvt. Ltd. | 13,500,000.00 | Overseas Acquisition | 5 Years |
10 | ECB | Shinsung Petrochemical (P) Ltd. | 2,000,000.00 | Import of Capital Goods | 7 Years 1 Month |
11 | ECB | C&S Electric Ltd | 6,000,000.00 | Rupee Expenditure Loc.CG | 5 Years |
12 | ECB | Jindal Steel &Power Ltd | 25,000,000.00 | Modernisation | 5 Years 1 Months |
13 | ECB | DCM Shriram Consolidated Ltd | 15,000,000.00 | Modernisation | 6 Years 1 Months |
14 | ECB | Modern Road Makers Pvt.Ltd. | 17,850,000.00 | Import of Capital Goods | 5 Years 3Months |
15 | ECB | Plastic Omnium Varroc Pvt. Ltd. | 3,600,000.00 | Import of Capital Goods | 4 Years 6 Months |
16 | ECB | Hikal Ltd. | 11,000,000.00 | Modernisation | 5 Years 6 Months |
17 | ECB | Indian Metals & Ferro Alloys Limited | 15,000,000.00 | Overseas Acquisition | 5 Years |
18 | ECB | Indutch Composites Technology Pvt. Ltd | 166,759.54 | New Project | 4 Years 11 Months |
19 | ECB | Temple Packaging Pvt.Ltd. | 1,577,267.34 | Import of Capital Goods | 5 Years 4 Months |
20 | ECB | JSL Stainless Ltd | 15,000,000.00 | Modernisation | 4 Years 8 Months |
21 | ECB | Omya India Pvt. Ltd. | 6,000,000.00 | Import of Capital Goods | 5 Years |
22 | ECB | Mubea Suspension India Ltd. | 2,779,325.70 | Import of Capital Goods | 5 Years 3 Months |
23 | ECB | AD Hydro Power Ltd. | 15,536,796.31 | Power | 12 Years 3 Months |
24 | ECB | Prince Pipes & Fittings Pvt. Ltd. | 3,260,000.00 | Rupee Expenditure Loc.CG | 5 Years 3 Months |
25 | ECB | Sanmina-SCI Technology I P | 2,300,000.00 | Import of Capital Goods | 3 Years |
26 | ECB | Rieter India Pvt Ltd. | 5,165,241.71 | Rupee Expenditure Loc.CG | 4 Years |
27 | ECB | Castwel Autoparts Pvt. Ltd. | 4,000,000.00 | Rupee Expenditure Loc.CG | 5 Years |
28 | ECB | Filtrex Technologies Pvt. Ltd. | 134,145.37 | Rupee Expenditure Loc.CG | 5 Years 6 Months |
29 | ECB | Continental Carbon India Ltd. | 7,000,000.00 | Modernisation | 5 Years |
30 | ECB | Aurobindo Pharma Ltd. | 35,000,000.00 | Modernisation | 5 Years 3 Months |
31 | ECB | Nissan Motor India Pvt. Ltd. | 45,000,000.00 | Rupee Expenditure Loc.CG | 5 Years 2 Months |
32 | ECB | Nissan Motor India Pvt. Ltd. | 111,173,028.12 | Rupee Expenditure Loc.CG | 5 Years 3 Months |
33 | ECB | Komos Automotive India Pvt.Ltd. | 3,000,000.00 | Rupee Expenditure Loc.CG | 4 Years 6 Months |
34 | ECB | Closure Systems Interntional (I) Pvt. Lt | 3,000,000.00 | Import of Capital Goods | 6 Years 1 Month |
35 | ECB | Lorom India Corporation Pvt. Ltd. | 1,000,000.00 | Modernisation | 4 Years |
36 | ECB | Rosa Power Supply Company Ltd. | 20,000,000.00 | Power | 13 Years 3 Months |
37 | ECB | Graphite India Ltd. | 20,000,000.00 | Rupee Expenditure Loc.CG | 5 Years 3 Months |
38 | ECB | Graphite India Ltd. | 10,000,000.00 | Rupee Expenditure Loc.CG | 6 Years 3 Months |
39 | ECB | IPCA Laboratories Ltd. | 10,000,000.00 | Rupee Expenditure Loc.CG | 4 Years 6 Months |
40 | ECB | Himadri Chemicals & Industries Ltd. | 34,000,000.00 | Modernisation | 10 Years |
41 | ECB | Jay Bharat Maruti Ltd. | 10,000,000.00 | Import of Capital Goods | 5 Years |
42 | ECB | Rane (Madras) Ltd. | 3,250,000.00 | Modernisation | 5 Years |
43 | ECB | Kryolan Cosmetics (India) Pvt.Ltd. | 400,000.00 | Modernisation | 4 Years 2 Months |
44 | ECB | Jain Irrigation Systems Ltd. | 10,124,956.23 | Import of Capital Goods | 7 Years 4 Months |
45 | ECB | Daeseung Autoparts India Private Limited | 2,000,000.00 | Modernisation | 5 Years |
46 | ECB | Duravit India Pvt. Ltd. | 3,168,431.30 | Modernisation | 4 Years |
47 | ECB | Alpla India Pvt.Ltd. | 2,779,325.70 | Import of Capital Goods | 7 Years 7 Months |
48 | ECB | Parakh Agro Industries Ltd. | 1,747,695.56 | Import of Capital Goods | 5 Years 3 Months |
49 | ECB | Parakh Agro Industries Ltd. | 1,610,803.89 | Import of Capital Goods | 5 Years 3 Months |
| | Automatic Route Total | 641,758,274 | | |
* Based on Form 83 submitted for allotment of Loan Registration Number |
# clarification sought from the company in regard to conformity with end-use requirement, eligibility of the borrower and other parameters of ECB. |
| II APPROVAL ROUTE |
1 | ECB | L & T Aviation Services Pvt. Ltd.# | 7,935,000 | Import of Capital Goods | 4 Months |
2 | ECB | Rural Electrification Corporation Ltd. | 70,000,000 | Onward/Sub-lending. | 5 Years |
3 | ECB | SREI Equipment Finance Pvt. Ltd | 80,000,000 | Import of Capital Goods | 5 Years 10 Months |
| | Approval Route Total | 157,935,000 | | |
| | Grand Total | 799,693,274 | | |
External Commercial Borrowings reporting shows route specific inflows and end use classifications affecting compliance and registration requirements. Monthly data on External Commercial Borrowings and Foreign Currency Convertible Bonds for October 2010 itemises Automatic Route and Approval Route transactions by borrower, equivalent USD amounts, stated end uses (notably import of capital goods, modernisation, rupee expenditure on local capital goods and new projects) and approximate maturities; the Automatic Route total, Approval Route total and a Grand Total are published, with certain entries subject to clarification on end use conformity, borrower eligibility and reliance on Form 83 for Loan Registration Numbers.
TaxTMI 
AI Drafter ✕
TaxTMI 
TaxTMI 
