Hifunda Investor Cell

Balance Sheet Abstract and Company's General Business Profile

INFORMATION PURSUANT TO PART IV OF SCHEDULE VI OF THE COMPANIES ACT, 1956 (AS AMENDED).

1. REGISTRATION DETAILS:
Registration No. :	89,399	State Code:	21

Balance Sheet Date:	31.03.2002



2. CAPITAL RAISED DURING THE PERIOD: (Amount in Rs. '000s)

Public Issue:	NIL	Rights Issue:	NIL

Bonus Issue:	NIL	Private Placement:	NIL



3. POSITION OF MOBILISATION AND DEVELOPMENT OF FUNDS: (Amount in Rs. '000s)

Total Liabilities:	126,624	Total Assets:	126,624

Sources of Funds

Paid up Capital:	106,625	Reserves & Surplus:	19,999
Secured Loans:	NIL	Unsecured Loans:	NIL
Share Application Money:	NIL

Allocation of Funds

Net Fixed Assets:	44,049	Investments:	16,316
Net Current Assets:	1,449	Misc. Expenditure:	19,895
Accumulated Losses:	44,915



4. PERFORMANCE OF THE COMPANY (Amount in Rs. '000s)

Turnover:	371	Total Expenditure:	36,186
Profit/(Loss) Before Tax:	(35,815)	Profit/(Loss) After Tax:	(35,815)
Earning Per Share (in Rs.)	NIL	Dividend Rate (%):	NIL



5. GENERIC NAMES OF THREE PRINCIPAL PRODUCTS/ SERVICES OF THE COMPANY:

PRODUCT DESCRIPTION		ITEM CODE NO.
E COMMERCE		NIL



In terms of our of even date annexed

For Ranjeet Kumar Agarwal & Associates Chartered Accountants			Vijay Jain Managing Director

Ranjeet Kumar Agarwal Proprietor			S.R. Chaudhary Director

Place : Kolkata
Date : 29th day of June 2002

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