MIRA INFORM REPORT
|
Report Date : |
9th May 2006 |
IDENTIFICATION DETAILS
|
Name : |
KRISHI
RASAYAN EXPORTS PRIVATE LIMITED |
|
|
|
|
Registered Office : |
FMC Fortuna, Block A-11, 4th
Floor, 234/3-A, Acharya Jagdish Chandra Bose Road, Kolkata – 700 020, West
Bengal, India. |
|
|
|
|
Country : |
India
|
|
|
|
|
Financials (as on) : |
31.03.2005 |
|
|
|
|
Date of Incorporation : |
9th
October, 1995 |
|
|
|
|
CIN No.: |
U2419WB1995PTC074696 |
|
|
|
|
Com. Reg. No.: |
21-74696 |
|
|
|
|
TAN No.: (Tax Deduction &
Collection Account No.) |
CALK02018C |
|
|
|
|
Legal Form : |
Private
limited liability company. |
|
|
|
|
Line of Business : |
Subject
is engaged in as manufacturers, exporters and importers of pesticides,
insecticides, fungicides, herbicides, wedicides, etc. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 1000000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject
is a well established and reputed company having satisfactory track.
Directors are reported as experienced and respectable businessmen. Trade
relations are fair. Business is active. Payments are usually correct and as
per commitments. The
company can be considered normal for business dealings at usual trade terms
and conditions. |
LOCATIONS
|
Registered Office : |
FMC Fortuna, Block A-11, 4th
Floor, 234/3-A, Acharya Jagdish Chandra Bose Road, Kolkata – 700 020, West
Bengal, India. |
|
Tel. No.: |
91-33-22475719 / 22473760 |
|
Fax No.: |
91-33-22472271 / 22405731 /
22471436 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
22500
sq. ft. |
|
Location : |
Leased |
|
|
|
|
Factory 1 : |
1st
Parallel Road, Industrial Growth, Sandra
J. K. |
|
Area : |
30000
sq. ft. |
|
Location : |
Leased
|
|
|
|
|
Factory 2 : |
Plot
# 170, Industrial Estate, Baddi, Himachal Pradesh |
|
Tel. No.: |
91-175-44594 |
|
Area : |
35000
sq. ft. |
|
Location : |
Leased
|
|
|
|
|
Branches : |
Shed
# 2-A, Large Industrial Estate, Muzaffarpur, Bihar |
|
Tel. No.: |
91-1721-760659/23384 |
|
Fax No.: |
91-6212274581 |
|
Area : |
20000
sq. ft. |
|
Location : |
Leased
|
|
|
|
|
Branches : |
White
House 1/18-20 Rani Zansi Road, New Delhi-110055 |
|
Tel. No.: |
91-11-23515939 |
|
Fax No.: |
91-11-23519334 |
|
Email: |
|
|
Area : |
20000
sq. ft. |
|
Location : |
Leased
|
|
|
|
|
Branches : |
Located At: +
Delhi +
Punjab +
Bihar +
Haryana +
Orissa +
Assam +
Gujarat +
Chandigarh |
DIRECTORS
|
Name : |
Mr.
Atul Churiwala |
|
Designation : |
Director
|
|
Address : |
4, National Library Avenue,
Kolkata – 700 027, West Bengal |
|
Date of Birth/Age : |
23/12/1963 |
|
Qualification : |
BSC
Agricultural |
|
Experience : |
12
years |
|
|
|
|
Name : |
Vinay
K Churiwala |
|
Designation : |
Director
|
|
Address : |
4, National Library Avenue,
Kolkata – 700 027, West Bengal |
|
Date of Birth/Age : |
02/07/1969 |
|
Qualification : |
BE,
Agricultural |
|
Experience : |
8
Years |
|
|
|
|
Name : |
Mr.
Vimal Kumar |
|
Designation : |
Director
|
|
Address : |
S-171,
Ground Floor, 1J New Delhi-65 |
|
Date of Birth/Age : |
17/07/1956 |
|
Qualification : |
B.
Com. |
|
Experience : |
12
Years |
|
|
|
|
Name : |
Rajesh
Agarwal |
|
Designation : |
Director
|
|
Address : |
B-24,
Kailash Vihar, Baddi, Nalgarh, Solan M.P. |
|
Date of Birth/Age : |
28/09/1969 |
|
Qualification : |
BE.
, Agricultural |
|
Experience : |
7
Years |
MAJOR SHAREHOLDERS
|
Names of Shareholders |
|
No. of Shares |
|
Vinay
K Churiwala |
|
60000 |
|
Mr. Atul Churiwala |
|
40000 |
|
Mrs. S. Churiwala |
|
120000 |
|
L.R. Agarwal |
|
40000 |
|
Mrs. P. Agarwal |
|
20000 |
|
R.K. Agarwal |
|
60000 |
|
|
|
|
BUSINESS DETAILS
|
Line of Business : |
Subject
is engaged in as manufacturers, exporters and importers of pesticides,
insecticides, fungicides, herbicides, Wedicides, etc. |
|
|
|
|
Products : |
Insecticides - Kritap 50SP, Kritap 4 G,
Anth 505, Josh, LOC 2.5 LOC 5, Ekka, Tarzan Fungicides - Krilaxyl 72, Krilaxyl
35, Krileton 25, Privintal BV, Tric, Krosin AG Weedicides - Krizin, Kay -D, Prince |
|
|
|
|
Brand Names : |
“Krishi
Rasayan”. |
|
|
|
|
Exports to : |
Singapore
and China |
|
|
|
|
Terms : |
|
|
Selling : |
L/C,
Credit (30 days) |
|
|
|
|
Purchasing : |
L/C,
Credit (30 days) |
PRODUCTION STATUS
|
Particulars |
Installed Capacity |
Actual Production |
|
Pesticides, insecticides,
fungicides, herbicides, Wedicides, plantgrowth, regulators, bacteria etc.
Dust and Granules |
3433 Tons 1067 Kg |
3433 Tones |
|
|
|
|
GENERAL INFORMATION
|
Customers : |
Wholesalers
and Retailers |
|
|
|
|
No. of Employees : |
340 |
|
|
|
|
Bankers : |
+
Centurion Bank
Limited, FMC Fortuna, 234/3-A, Acharya Jagdish Chandra Bose Road, Kolkata –
700 020, West Bengal +
Punjab National Bank,
International Business Branch, Kolkata, West Bengal |
|
|
|
|
|
|
|
Banking Relations : |
Satisfactory
|
|
|
|
|
Auditors : |
Jain
Sarawgee & Company Chartered Accountants 32-A,
Chittaranjan Avenue, Kolkata – 700 012, West Bengal |
|
Tel. No.: |
91-33-22121083/22123861 |
|
E-Mail : |
|
|
|
|
|
Associates/Subsidiaries
: |
Shreshtha
Construction Private Limited 234/3A,
A.B.C. Bave Road, Kolkata-700020 Line
of Business : Constructions, Etc. Rental
Transport Near 5 km Scheme, opp. Saroj industries,
Punjab Line
of Business : Transportations Herbal
Industries Kolkata
Line
of Business : Herbal Products Sankalp
Udyog Kolkata
Line
of Business : Trading |
|
|
|
|
Parent Company : |
Krishi
Rasayan Group Company |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
2000000 |
Equity
shares |
Rs. 10/- each |
Rs. 20.000 millions |
|
|
|
|
|
Issued, Subscribed
& Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1800000 |
Equity
shares |
Rs. 10/- each |
Rs. 18.000 millions |
|
|
|
|
|
FINANCIAL
DATA
[all figures are in Rupees Millions]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
31.03.2005 |
31.03.2004 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
18.000 |
18.000 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
264.581 |
183.733 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
NETWORTH
|
|
282.581 |
201.733 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
8.113 |
11.850 |
|
|
2] Unsecured Loans |
|
0.000 |
0.093 |
|
TOTAL
BORROWING
|
|
8.113 |
11.943 |
|
|
DEFERRED TAX LIABILITIES |
|
2.838 |
5.274 |
|
|
|
|
|
|
|
TOTAL
|
|
293.532 |
218.950 |
|
|
|
|
|
|
|
APPLICATION OF FUNDS
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block]
|
|
55.024 |
53.023 |
|
Capital work-in-progress
|
|
0.808 |
0.807 |
|
|
|
|
|
|
|
INVESTMENT
|
|
7.255 |
7.256 |
|
DEFERREX TAX ASSETS
|
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES
|
|
|
|
|
|
|
Inventories
|
|
127.047 |
127.047 |
|
|
Sundry Debtors
|
|
222.974 |
108.923 |
|
|
Cash & Bank Balances
|
|
29.922 |
29.922 |
|
|
Other Current Assets
|
|
0.000 |
0.000 |
|
|
Loans & Advances
|
|
15.196 |
15.196 |
Total Current Assets
|
|
395.139 |
281.088 |
|
Less : CURRENT LIABILITIES & PROVISIONS
|
|
|
|
|
|
|
Current Liabilities
|
|
155.556 |
118.716 |
|
|
Provisions
|
|
9.152 |
4.535 |
Total Current Liabilities
|
|
164.708 |
123.251 |
|
Net Current
Assets
|
|
230.431 |
157.837 |
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES
|
|
0.014 |
0.027 |
|
|
|
|
|
|
|
TOTAL
|
|
293.532 |
218.950 |
|
PROFIT & LOSS ACCOUNT
|
PARTICULARS |
|
31.03.2005 |
31.03.2004 |
Sales Turnover [including other income]
|
|
886.426 |
589.752 |
|
|
|
|
|
Profit/(Loss) Before Tax
|
|
87.526 |
31.650 |
Provision for Taxation
|
|
4.662 |
2.881 |
Profit/(Loss) After Tax
|
|
82.864 |
28.769 |
KEY RATIOS
|
PARTICULARS |
|
|
31.03.2005 |
31.03.2004 |
PAT / Total Income
|
(%)
|
|
9.35 |
5.37 |
|
|
|
|
|
|
Net Profit Margin
(PBT/Sales) |
(%) |
|
9.87 |
5.37 |
|
|
|
|
|
|
Return on Total Assets
(PBT/Total Assets} |
(%) |
|
19.44 |
9.47 |
|
|
|
|
|
|
Return on Investment (ROI)
(PBT/Networth) |
|
|
0.31 |
0.16 |
|
|
|
|
|
|
Debt Equity Ratio
(Total Liability/Networth) |
|
|
0.61 |
0.67 |
|
|
|
|
|
|
Current Ratio
(Current Asset/Current
Liability) |
|
|
2.40 |
2.28 |
LOCAL AGENCY FURTHER INFORMATION
Trade Reference :
Ř
ICI
Ř
Alkalies and Chemicals
Ř
Nocil
Ř
Indian Railways
Company Profile
Krishi Rasayan Group was established in 1966 by its founder Sri Parmanand
Churiwal.
A small pesticide Formulation Unit was set up in Orissa, which being one of the
oldest agrochemical units, has not only stood the passage of time but has also
been, as a result of continuous upgradation, successfully and effectively
executing the growing and exacting demands of the quality products nationally
and internationally. From this modest beginning, the Group has now become a
major player in Agro Chemical Industry having 4 composite manufacturing unit
with a dedicated formulation plant. The Group is also in the process of setting
up a 4th manufacturing unit in the State of Jammu & Kashmir. Apart from
basic formulations, it will also have a state of art formulation plant for SC,
WDG and FS formulations.
Apart from the same, the Group is now well diversified in Biotechnology &
Solid Waste Management, Inland Transportation, Poultry Feed, Chemical Trading
and Real Estate. The Group turnover is now around Rs.1500 million with net
worth about 300 million.
Krishi Rasayan Exports
Pvt.Ltd.
This is the flagship Company of the Group with current turnover of around Rs.1000
million. The company has a manufacturing plant at Baddi in Himachal Pradesh
where it produces full range of Synthetic Pyrathroids. Apart from same in the
same facility it has a formulation plant. It has another formulation plant in
the State of Bihar at Muzaffarpur. It has a well established Distribution and
Marketing Network throughout all the major Agricultural States and Union
Territories with 15 branch offices spread all over the country backed up with
competent, result-oriented Managerial and frontline Technical personnel.
The Company's product like Tarzan, Krilaxyl and Kritap has already gained a
tremendous recognition from the growers and wide brand acceptance across the
country. In few product, it has governed a market share exceeding 25% which is
one among the rarest in today's agrochemical industry. The ISO 9001:2000
certified unit in Baddi (Himachal Pradesh) produces the full range of
Insecticides, Fungicides and Weedicides. It has set up a state-of-the-art
manufacturing unit in Jammu.
Krishi Rasayan
The production of technical herbicide is done under this company. It is also
the export and biotech arm of the group. It also operates a 2.4-D Technical
Plant in Orissa. The current turnover is around Rs.500 million. The Company is
very upbeat about its diversification in Solid Waste Management through
Biotechnology. For the last 4 years it has been running successfully with a
100MT production of Bio Fertilizers per day converting the municipal waste, in
Puri, Orissa. Now, the company is in talks with various Municipal Corporations,
to set up similar plants. Apart from the same, the Company is actively
negotiating for supply of Technology and setting up of turnkey plants in
Phillipines, Brunei, Srilanka and China. It has already signed an MOU for setting
up a Turnkey Project in Phillipines.
Our
Mission
- Become a leading field oriented and knowledge
intensive Agrochemical company.
- Growing beyond just another Agro-Chemical
company and providing products as well as farm land and farm gate
knowledge that would enable the growers to maximize their farm produce -
qualitatively and quantitatively.
- Undertaking inhouse R & D initiatives in the
context of upcoming challenges and changes in agriculture nationally and
internationally; Sharing our knowledge for development of national
agriculture.
- Building a vast pool of global resources for
networking and information dissemination to provide upto date inputs to
our customers on wide variety of usage.
- Ensuring effective Solid Waste Management
through Biotechnology process.
- To develop and integrate an effective two way
communication network for interaction with all responsible associates and
partners in global agricultural development.
Group
Activities
- Involved in basic manufacturing formulation
& export of Agrochemicals
- ISO 9001 certified company
- Biotechnology
- Running waste management project at Puri, Orissa
with a garbage conversion capacity of 100 TPD into organic manure
- Inland Transportation
- Tyre Retreading
- Engaged in manufacturing of poultry feed with a
capacity of 150 mt per day in pellet form
- Dairy farming
Export Activities
Krishi Rasayan pioneered the exports of Agro Chemicals in
India.
Our
export activities contribute 5% to our annual turnover of 7200 lakhs in 2002.
During the early 80's when the Indian Pesticides Industry was dependant on
import, we explored the possibilities of exporting fomulations from India and
have been exporting since 1979.
We had a tie up with M/s Shell Netherland to formulate their Aldrin dust and
export to Burma (Myanmar).
In 1985, when the total Indian Export was Rs.5 crores, our contribution was
40%.We were the first company to export Butachlor Technical, Chlorpyriphos
Technical, Gibberallic Acid and 2-4-D out of India.
Currently we have agents in Thailand, Taiwan, UAE, Turkey, China, Saudi Arabia,
Oman, Greece, UK, Egypt, Mexico, Paraguay, Colombia, Ecuador, Australia and New
Zealand.
Product Update
The company constantly updates its product range keeping in line with changing
scenario of agriculture. It draws its brainpower from various agriculture
universities of India who impart the acquired knowledge of changing dynamics of
agriculture to the farmers. The company always studies the disease and the
problems of crops and explain the effect of its chemicals in tackling the
diseases to the farmers. It goes into every detail in understanding the
characterestic of an insect or pest in order to take out its cure. This
information is always shared with our channel partners which enables the whole KRISHI RASAYAN team to indulge in knowledge based business.
Product Update
Support to farmers
Each of our product is passed through quality tests to maintain high quality.
All of the products are guaranteed for their uniform contents and quality.
Complete range of our products is listed below.
Some of the major
products of the Krishi Rasayan Group are:
Please click on Brand Name to view the picture of each product. Each product is
listed with its Generic Name as well as Brand Name.
|
GENERIC
NAME |
BRAND
NAME |
CROP
PROTECTION |
|
Fungicides |
||
|
PROPYCONOROLE |
|
Banana,
Fruits |
|
PRIVINTAL
B.V. |
All
Vegetables |
|
|
PARAQUAT
24% S.L. |
Kapiq |
|
|
ACETAMIPRID
20% S.P. |
Ekka |
|
|
IMIDACHLORPRID
17.8% S.L. |
Josh |
|
|
METALAXYL
35% W.S. |
Krilaxyl
35 |
Seed
Treatment |
|
METALAXYL
8% + MANCOZEB 63% |
Potato,
Vegetable |
|
|
MANCOZEB
75% W.P. |
Rasayan
M-45 |
|
|
CARBENDAZIM
12% + MANCOZEB 63% |
Vegetable,
Paddy |
|
|
HEXACONAZOLE
5% EC |
Krizole |
|
|
TRICYCLAZOLE
75% WP |
Tric |
Paddy |
|
COPPER
OXYCHLORIDE |
Trust |
Vegetable |
|
TRIADIMEFON
25% WP |
krileton |
Vegetable,
Mango |
|
CAPTAN
50% WP |
Captan |
Vegetable |
|
DODINE |
Tohfa |
|
|
BENOMYL
50% W.P. |
|
|
|
Weedicides |
||
|
METRIBUZINE
70% W.P. |
Krizin |
Potato |
|
ATRAZINE
50% W.P. |
Rasayanzine |
|
|
PARAQUAT
DICHLORIDE 24% S.L. |
Rasayanquat |
|
|
2-4-D
80% S.SALT |
Kay-D |
Tea,
Paddy, Wheat |
|
GLYPHOSATE
41% S.L. |
Kriup |
Orchards,
Tea |
|
PENDIMETHALIN
30% EC. |
Stop |
Ground
Nut, Pulses, Potato, Paddy |
|
BUTACHLOR
50% EC |
Rasayanchlor |
|
|
OXYFLOURFEN |
Kroll |
|
|
2-4D
AMINE |
Kay-m |
Tea,
Plantations |
|
2-4D
ETHYL ESTER |
|
Tea,
Plantations |
|
PRETILACHLOR |
Prince |
Paddy |
|
Insecticides |
||
|
CARTAP
HYDROCHLORIDE 50% S.P. |
Paddy,
Vegetable |
|
|
CARTAP
HYDROCHLORIDE 4-GR |
Paddy,
Vegetable |
|
|
TRIAZOPHOS
40% E.C. |
Mango,
Paddy, Vegetable |
|
|
TRIAZOPHOS
20% E.C. |
Jane
20 |
|
|
CYPERMETHRIN
5+ CHLORPYRIPHOS 50 |
Anth |
Paddy,
Vegetable |
|
IMICDACHLORPRID
17.8% S.L |
Josh |
Paddy,
Vegetable |
|
ALPHAMETHRIN
10% E.C. |
Alpha |
|
|
MONOCROTOPHOS
36% S.L. |
|
|
|
CYPERMETHRIN
10% E.C. |
Kricyp
10 |
Vegetable |
|
CYPERMETHRIN
25% E.C. |
Kricyp
25 |
Vegetable |
|
FENVALERATE
20% E.C. |
Krifen
20 |
Vegetable |
|
PHORATE
10-G |
Kaymet |
|
|
D.D.V.P.
76% |
Fume |
|
|
Quinalphos
25% EC |
Krilux |
Vegetable |
|
CARBARYL
50% W.P. |
Kavin |
Mango,
Vegetable |
|
CHLORPYRIPHOS
20% E.C. |
Paddy,
Vegetable |
|
|
BPMC |
|
|
|
ETHION
50% E.C. |
Krithion |
|
|
MALATHION
50% E.C. |
Kthion |
|
|
DICOFOL
18.5% |
Vegetable,
Tea |
|
|
SULPHUR
SOLUTIONS |
Krisulf |
Vegetable,
Paddy, Mango |
|
DIMETHOATE
20% EC |
Krogar |
Mustard,
Vegetable |
|
LINDANE
4 + CARBARYL 4GR |
Kridol
4:4 G |
Paddy,
Vegetable |
|
ACETAMIPRID |
Ebba |
Vegetables |
|
THIOMETHAXONE
|
Kri-Oxm |
Vegetables |
|
Plant
Growth Regulator |
||
|
ETHEPHON
39% S.L. |
Banana,
Tomato, Pineapple |
|
|
GIBBERALLIC
ACID 90% |
Krigibb |
All
Crops |
|
SEA
WEED EXTRACT |
All
Crops |
|
|
GIBBERALLIC
ACID (LIQUID) |
Paushak |
|
|
TRICONTANOL |
Krigold
(granule/liquid) |
|
|
BRASSINOLOIDS |
Bloom |
|
|
PAUSHAK |
|
All
Vegetables |
|
Bio-Products |
||
|
Organic
Manure |
Enrich |
All
Crops |
|
Bacteriacides |
||
|
STREOTOMYCINE
SULPHATE TETRACYCLINE HYDROCHLORIDE |
|
|
Solid Waste Management Project
We introduce
ourselves as one of the pioneers of Solid Waste Management Project in India. We are presently handling 100 TPD Solid Waste
Management Project at Puri (Orissa) and are in advanced negotiations with
Shimla Municipality (Himachal Pradesh) for a similar project.
The Project involves windrow dumping of the garbage which is biologically
treated with Bacterial powder.This treated garbage after different levels of
screening is converted into organic manure. The conversion ratio of garbage to
manure is 20%. The key to this Project for any organisation is to sell the
final product (Organic Manure).
The Organic Manure due to infusion of Bacteria is very beneficial for the soil
as Bacteria multiplies very fast in the soil and helps in the breakdown of
plant nutrients like Urea, Phosphate etc into available forms to the plants. It
also enriches physical properties of the soil i.e water holding capacity,
aeration. Thus it not only helps in increasing the physical property of the
soil as done by other Organic Manure's but also contributes in breakdown of
inorganic fertilizers which other Organic Manure's cannot do.
This process of Solid Waste Management is the most
cost effective method of disposal of Solid Waste for any Municipality. First of
all it reduces the requirement of land as there are no landfills required.
Secondly it reduces the number of work force engaged in handling garbage.
Moreover this method requires least amount of money and land, compared to other
Waste Management techniques available in our country.
Thus in the backdrop of the above advantages and
pollution hazardss caused by Solid waste, a proper systemized management of
Solid Waste has become essential.It also lays down the rules for proper Solid
Waste Management and timely execution of it.
This process is essentially Aerobic Composting of the garbage. The Solid Waste
is dried up naturally under the sunlight and is decomposed with the help of
bacterial culture powder and water.The process is the most efficient way of
disposing garbage as it is done within 22 days. This process also is the most
cost efficient as it requires least amount workforce, capital and labour which
is essential for any commercial enterprise to flourish.
Krishi Rasayan is having the following tie-ups for supply of various technical
grade pesticides.
a. Cartap Hydrochloride Exclusive tie up for India
with Sundat Pvt Ltd., Singapore.
b. Sea-Weed Aladian Sea Weed, Canada
c. Methyl Parathion Tech. CNCC, Jiangsu, China
d. Gibberallic Acid Exclusive tie up for India
with Hunan Biological, Chemicalco, China
e. Triazophos Tech. Hubei Sonanda, China.
f. Post Harvest Chemicals Pace International, USA
g. Monocrotophos Technical CNCC, Jiangshu
h. PGR & Micro Nutrients Beijing Agrochemicals
AGROCHEMICAL UNITS
Inception in 1966 with a formulation unit at Ranital, Distt-Balasore(Orissa).
Second plant set up in 1973 at Muzaffarpur (Bihar) with a capacity of 30 TPD dusting powder
formulations. In 1978, liquid formulation capacity of 15 KL per day was also
added.
Third plant for manufacturing of 2-4-D technical was
set up near its existing formulation unit in Orissa
in 1994.
Fourth plant set up in Baddi, Himachal Pradesh in 1995 for W.D.P. & Granules with the following
capacity.
WDP: 10 TPD
Granules: 22 TPD
Waste management project was set up in Puri, Orissa in 2000 for conversion of 100 TPD city garbage into Organic Manure.
A state of art liquid formulation plant was set up in Baddi, HP in
2000
In 2005 the company started its 4th formulation plant
in Jammu. It is a state of the art plant having facilities for EC, WP and
granules. It has also set up formulation facilities for S.C.Formulation. It is
the first such plant in Northern India. It is also planning to start WDG
formulation shortly.
In March 2005, the Group took over AKOLA Chemicals
(India) Limited. from RALLIS India Limited. part of Tata Group. It has a
factory in AKOLA Maharashtra for formulation of liquids and wetable powders. It
has the largest Amino Acid plant in the country and is marketing its product
under 'Aminos' Brand name.
Since its inception, Krishi Rasayan was involved in doing job work formulation
for many multinational 7 Indian companies viz. ICI, Alkalies & Chemicals
Corporation of India, Burma Shell, NOCIL, Rallis India Ltd. & Chambal
Fertilizers.
Apart from job work, Krishi Rasayan was deeply involved in involved in supplies
to various State Govt. on rate contract basis till 1988.
Krishi Rasayan came into direct marketing/retailing from 1990 with the
following three new molecules, which were then marketed by one or two
multinationals.
a. Gibberallic Acid
b. Metalaxyl 35%WS
c. Metalaxyl 8% + Mancozeb 64%
Krishi Rasayan has got a good market share for all the above three products on
an all India Basis.
The Company has been actively involved in
launching the following new molecules in India since 1990 & are having a
considerable market share.
Shreshtha
Construction Pvt. Ltd.
It is the new construction arm of the group and is actively pursuing
construction activities in the Eastern fringe of the city.
|
Product |
KR Sales |
All India Market Share |
|
Gibberallic
Acid |
1250 kgs. |
60% |
|
Ethephon
39% SL |
26000 ltrs. |
40% |
|
6
BA |
240 kgs. |
60% |
|
Seaweed |
24500 kgs. |
20% |
|
Triademefon |
18000 kgs. |
25% |
|
Metalaxyl
35% |
11500 kgs. |
30% |
|
Metalaxyl
+ Mancozeb 64% |
48000 kgs. |
20% |
|
2-4-D
80% S.S. |
600 MT |
20% |
|
Metribuzine
70% WP |
22000 ltrs. |
15% |
|
Hydrogen
Cynamide |
38000 ltrs. |
50% |
|
Cartap
Hydrochloride 4G |
1900 MT |
20% |
|
Cartap
Hydrochloride 50 SP |
38000 kgs. |
40% |
|
Triazophos
40% EC |
350000 ltrs. |
20% |
|
BPMC |
42000 ltrs. |
15% |
|
Imidachlorprid
17.8% SL |
9000 ltrs. |
5% |
|
Trifluralin |
38000 ltrs. |
|
|
Pendimethalin
30% EC |
24000 ltrs. |
|
|
Atrazine
50% WP |
76500 kgs. |
|
Ranital Transport
Since 1978, it is major carrier of raw material for Collieries, various
semi-Government Bodies and Steel and Sponge Iron Plant.
The Company owns a fleet of Tippers and pay loader and carriers 1.5 Million
Tonnes of material annually.
As a natural addition, the company is running a Tyre Retrading Unit at Ramgarh,
Jharkhand, capable of retreading upto Haul Pack tyres under license from Oliver
Tyres, U.S.A.
Herbal Industries
The Company operates a Poultry feed unit in Muzaffarpur, Bihar with a capacity
of 150 M.T. per day in Pellet form. It is planning to set up a similar plant
near Chandigarh.
Sankalp Udyog
With its international connections and nationwide presence, the Group has
diversified 2 years ago, in Chemical Trading. Its current focus is in business
promotion of chemicals used in Tannery and Glass Industry.
Dealer's Conference
The
company is constantly updating the dealer's and channel partners with it's
product range. It is continously learning the new process and technology in
Agriculture and the implication of it in Crop Protection industry. This
information is always shared with the Distributors, Dealers to facilitate them
to place the new and existing products in accordance with the changing
scenario.
Awards
The
company considers the distributors, dealers and other channel partners in very
high esteem. It is constantly acknowledging their efforts and awarding their
endeavour. The company has awards in various ways and categories in which it
appreciates the whole team in its own small way.
|
NORTH |
||||||
|
|
|
|
||||
|
Delhi |
|
Punjab - Bhatinda |
||||
|
Contact
Person |
: |
Mr.
R.Peshion |
|
Contact
Person |
: |
Mr.
R.Zalpouri |
|
Address |
: |
"White
House". 1/18-20, |
|
Address |
: |
H.
No. 23384, |
|
Phone
No. |
: |
011-23519393/4/5/6 |
|
Phone
No. |
: |
0172-760659 |
|
Fax
No. |
: |
011-23519334 |
|
|
|
|
|
Email |
: |
|
|
|
|
|
|
|
|
|
||||
|
Haryana
- Sirsa |
|
|
Haryana |
|
||
|
Contact
Person |
: |
Mr.
Raju Garg |
|
Contact
Person |
: |
Mr.
Sashi kumar |
|
Address |
: |
1st
Floor, Dabwali Road |
|
Address |
: |
696,
Arvinder Building |
|
Phone
No. |
: |
01666-32569
|
|
Phone
No. |
: |
0184-258899 |
|
|
|
|
|
Fax
No. |
: |
0184-258899 |
|
|
|
|
||||
|
Uttar
Pradesh - Lucknow |
|
Uttar
Pradesh - Ghaziabad |
||||
|
Contact
Person |
: |
Mr.
A.Biswas |
|
Contact
Person |
: |
Mr.
N.K. Jawla |
|
Address |
: |
405,
Chintals House |
|
Address |
: |
Ghaziabad
Trading Co. |
|
Phone
No. |
: |
0522-635307
|
|
Phone
No. |
: |
0120-4990241 |
|
Fax
No. |
: |
0522-635208 |
|
|
|
|
|
|
|
|
||||
|
Uttaranchal |
|
Chandigarh |
|
|||
|
Contact
Person |
: |
Mr.
Ram Singh |
|
Contact
Person |
: |
Mr.
S. Raina |
|
Address |
: |
Gole
Market |
|
Address |
: |
SCO-846,
1st Floor, |
|
Phone
No. |
: |
05944-43341 |
|
Phone
No. |
: |
0172-733225
|
|
|
: |
|
|
Fax
No. |
: |
0172-733225 |
|
|
|
|
||||
|
SOUTH |
||||||
|
|
|
|
||||
|
Andhra
Pradesh - Hyderabad |
|
Tamilnadu
- Coimbatore |
||||
|
Contact
Person |
: |
Mr.
V.Satyanarayan |
|
Contact
Person |
: |
Mr.V.Karunanithi |
|
Address |
: |
10,
Pavani Villa |
|
Address |
: |
427A,
Bharathiyar Road |
|
Phone
No. |
: |
040-6667545 |
|
Phone
No. |
: |
0422-522471/528499 |
|
Fax
No. |
: |
040-6667545 |
|
Fax
No. |
: |
0422-522471 |
|
|
|
|
||||
|
Karnataka
- Hubli |
|
Karnataka
- Bangalore |
||||
|
Contact
Person |
: |
Mr.N.G.Lingaraj |
|
Contact
Person |
: |
Mr.D.Narayana |
|
Address |
: |
"Shivam",
M.I.G.-534, |
Address |
: |
C/o
Poonam Associates |
|
|
Phone
No. |
: |
0836-322481 |
Phone
No. |
: |
080-3289248 |
|
|
Fax
No. |
: |
0836-322481 |
Fax
No. |
: |
||
|
|
|
|
||||
|
EAST |
||||||
|
|
|
|
||||
|
West
Bengal - Siliguri |
|
Bihar
- Patna |
||||
|
Contact
Person |
: |
Mr.Saikat
Basu |
|
Contact
Person |
: |
Mr.P.K.
Das |
|
Address |
: |
Mahananda
Para, |
|
Address |
: |
312,
Hariniwas |
|
Phone
No. |
: |
0353-535617 |
|
Phone
No. |
: |
0612-239151 |
|
Fax
No. |
: |
0353-431216 |
|
Fax
No. |
: |
0612-239151 |
|
|
|
|
||||
|
Orissa
- Bhubaneshwar |
|
Orissa
- Cuttack |
||||
|
Contact
Person |
: |
Mr.Ganseh
Barik |
|
Contact
Person |
: |
Mr.Subhash
Chakraborty |
|
Address |
: |
A-115,
Shahid Nagar, Bhubaneshwar-751007 |
|
Address |
: |
C/o
Keep Safe Mahatab Road Cuttack-753001 |
|
Phone
No. |
: |
0674-545646
|
|
Phone
No. |
: |
0671-2335257 |
|
|
|
|
|
Fax
No. |
: |
|
|
|
|
|
||||
|
Assam
- Guwahati |
|
|
||||
|
Contact
Person |
: |
Mr.Tanmoy
Bhattacharya |
|
|
||
|
|
|
Mr.Rajkumar
Banik |
|
|
||
|
Address |
: |
Sikaria
Compound, |
|
|
||
|
Phone
No. |
: |
0361-598092 |
|
|
||
|
Fax
No. |
: |
0361-2268541 |
|
|
||
|
|
|
|
||||
|
CENTRAL &
WEST |
||||||
|
|
|
|
|
|
||
|
Madhya
Pradesh - Indore |
|
Chhatisgarh |
|
|
||
|
Contact
Person |
: |
Mr.S.K.Upadhyay |
|
Contact
Person |
: |
Mr.Ipinder
Singh |
|
Address |
: |
405/406, |
|
Address |
: |
Opp.
New Bus Stand, |
|
Phone
No. |
: |
0731-528624 |
|
Phone
No. |
: |
0771-422008/426422 |
|
Fax
No. |
: |
0731-409300 |
|
|
|
|
|
|
|
|
||||
|
Maharashtra
- Mumbai |
|
Gujarat
- Ahmedabad |
|
|||
|
Contact
Person |
: |
Mr.
Pankaj Khandwala |
|
Contact
Person |
: |
Mr.
V.K.Singh |
|
Address |
: |
503,
Express Chambers, |
|
Address |
: |
3-H,3rd
Floor, |
|
Phone
No. |
: |
022-26837760/61/62 |
|
Phone
No. |
: |
079-2863346 |
|
Fax
No. |
: |
022-26837759 |
|
|
|
|
|
|
|
|
||||
|
Rajasthan
- Jaipur |
|
Rajasthan
- Ganganagar |
||||
|
Contact
Person |
: |
Mr.
Ashok Sharma |
|
Contact
Person |
: |
Mr.S.S.Dahiya |
|
Address |
: |
C/o
Tirupati Sales |
|
Address |
: |
Plot
No. 2-3 . Opp. |
|
Phone
No. |
: |
0141-5105506 |
|
Phone
No. |
: |
0154-426073 |
|
Fax
No. |
: |
0141-5112907 |
|
|
|
|
|
|
|
|
||||
CMT REPORT [Corruption, Money laundering & Terrorism]
The
Public Notice information has been collected from various sources including but
not limited to: The Courts, India Prisons Service, Interpol, etc.
1] INFORMATION
ON DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.
2] Court
Declaration :
No records exist to suggest that subject is or was the
subject of any formal or informal allegations, prosecutions or other official
proceeding for making any prohibited payments or other improper payments to
government officials for engaging in prohibited transactions or with designated
parties.
3] Asset
Declaration :
No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.
4] Record
on Financial Crime :
Charges or conviction registered
against subject: None
5] Records
on Violation of Anti-Corruption Laws :
Charges or investigation registered
against subject: None
6] Records
on Int’l Anti-Money Laundering Laws/Standards :
Charges or investigation registered
against subject: None
7] Criminal
Records
No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.
8] Affiliation
with Government :
No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.
9] Compensation
Package :
Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.
10] Press Report :
No press reports / filings exists on the subject.
CORPORATE
GOVERNANCE
MIRA
INFORM as part of its Due Diligence do provide comments on Corporate Governance
to identify management and governance. These factors often have been predictive
and in some cases have created vulnerabilities to credit deterioration.
Our
Governance Assessment focuses principally on the interactions between a
company’s management, its Board of Directors, Shareholders and other financial
stakeholders.
CONTRAVENTION
Subject
is not known to have contravened any existing local laws, regulations or
policies that prohibit, restrict or otherwise affect the terms and conditions
that could be included in the agreement with the subject.
FOREIGN
EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US
Dollar |
1 |
Rs. 45.07 |
|
UK
Pound |
1 |
Rs. 83.67 |
|
Euro |
1 |
Rs. 57.45 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
8 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
6 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
54 |
This score
serves as a reference to assess SC’s credit risk and to set the amount of
credit to be extended. It is calculated from a composite of weighted scores
obtained from each of the major sections of this report. The assessed factors
and their relative weights (as indicated through %) are as follows:
Financial condition (40%) Ownership background (20%) Payment record (10%)
Credit history (10%) Market trend (10%) Operational
size (10%)
RATING
|
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely
sound financial base with the strongest capability for timely payment of
interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate
working capital. No caution needed for credit transaction. It has above
average (strong) capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial &
operational base are regarded healthy. General unfavourable factors will not
cause fatal effect. Satisfactory capability for payment of interest and
principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is
considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable &
favourable factors carry similar weight in credit consideration. Capability
to overcome financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are
apparent. Repayment of interest and principal sums in default or expected to
be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk
exists. Caution needed to be exercised |
Credit not recommended |