MIRA INFORM REPORT

 

 

Report Date :

15th May, 2006

 

IDENTIFICATION DETAILS

 

Name :

MANSOFT SOLUTIONS & SYSTEMS PRIVATE LIMITED

 

 

Registered Office :

C/o. Deloitte Haskins & Sells 12, De. Annie Besant Road, Worli, Mumbai – 400018

 

 

Country :

India

 

 

Date of Incorporation :

20th February, 2006

 

 

CIN No.:

U72200MH2006PTC160057

 

 

Com. Reg. No.:

11-160057

 

 

TAN No.:

(Tax Deduction & Collection Account No.)

MUMM28930G

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

The company is in engaged in Providing management Advice, Business Process and Information technology based solution, Research and Development, Designing, Producing, Creating, Manufacturing, Marketing, Trading, Providing, Exporting, Importing, Buying, Selling and Rendering Consultancy and Services in all types of Information Technology of Computer Software Programs, Web Page Designing and Development, Internet Services, Data Base Management Systems and set up Customer related Call Center, Computer Graphics, Computer Animation etc.   

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Maximum Credit Limit :

 

 

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a new company and has no track of performance.

 

No payments records are available.

 

The company can be considered for any business dealings on safe and secured terms and conditions initially.   

 

LOCATIONS

 

Registered Office :

C/o. Deloitte Haskins & Sells 12, De. Annie Besant Road, Worli, Mumbai – 400018

 

 

Factory 1 :

5th Floor, Business Square, 151, Andheri Kurla Road, Opposite Apple Heritage Chakala, Andheri (East), Mumbai – 400093 

Mobile No.:

91-9867153150

E-Mail :

atul.pradhan@mansoftindia.com

Website:

http://www.mansoftindia.com

 

DIRECTORS

 

Name :

Mr. Atul Pradhan S/O Ratnakar Pradhan

Designation :

Director

Address :

32, Cherrysons, 143-144, St. Cyril Road, Bandra (West), Mumbai – 400050

Date of Appointment :

20th February, 2006

 

 

Name :

Ms. Swapna Pradhan S/O Atul Pradhan

Designation :

Director

Address :

32, Cherrysons, 143-144, St. Cyril Road, Bandra (West), Mumbai – 400050

Date of Appointment :

20th February, 2006

 

MAJOR SHAREHOLDERS

 

Names of Shareholders

No. of Shares

Mr. Atul Pradhan S/O Ratnakar Pradhan

10

Ms. Swapna Pradhan S/O Atul Pradhan

9990

 

BUSINESS DETAILS

 

Line of Business :

The company is in engaged in Providing management Advice, Business Process and Information technology based solution, Research and Development, Designing, Producing, Creating, Manufacturing, Marketing, Trading, Providing, Exporting, Importing, Buying, Selling and Rendering Consultancy and Services in all types of Information Technology of Computer Software Programs, Web Page Designing and Development, Internet Services, Data Base Management Systems and set up Customer related Call Center, Computer Graphics, Computer Animation etc.   

 

GENERAL INFORMATION

 

Bankers :

Not Available

 

 

Facilities :

--

 

 

 

Banking Relations :

Unknown

 

 

Subsidiaries :

Mannai Corporation

 

CAPITAL STRUCTURE

 

Authorised Capital :

No. of Shares

Type

Value

Amount

10,000

Equity Shares

Rs. 10/- Each

Rs. 0.100 Millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

10,000

Equity Shares

Rs. 10/- Each

Rs. 0.100 Millions

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Nil

 

LOCAL AGENCY FURTHER INFORMATION

 

As Per Website Details:

 

Business:

 

ManSoft Solutions and Systems has been set-up by industry professionals to deliver value-added business solutions to industry.

They are committed to creating a completely professional organization that is set up to deliver business solutions at the highest class of service anywhere in the world.  

Primarily, their service offerings are categorized within the following:

· Enterprise Solutions:  wherein they assist clients undertake their packaged applications (ERP, CRM, SCM, CPM, etc.) initiatives, right from assessing feasibility through post-implementation benefits review.

· Systems Integration Services: wherein they assist clients through their application development and maintenance life-cycle.  They support clients on a wide spectrum of skill-sets such as Java, .NET, Weblogic, TIBCO, Oracle, etc.

· Application Outsourcing Services:  wherein they assist clients in managing their information technology applications and infrastructure, in terms of maintenance, hosting and related services through their offshore development centre.

Careers

 

ManSoft Solutions and Systems Private Limited is committed to helping its clients improve their business performance through better leveraging their Information Technology investments. They work best in a positive, creative atmosphere, where openness, respect and satisfaction are more rule than exception. They ask their clients to measure us by the return on their investment. They measure ourselves by the reward in providing that return.

As a high-tech company, they compete in market segments that are characterized by constant change. Their people define new limits of innovation each day, only to break through them the next. They explore, investigate and shape things to come. We’re not about now, we’re about next.

ManSoft is one of the few companies that actually put values to work. Everybody professes them but they have made it part of their ethos. Their range of solutions, services and skill-sets, diversified portfolio of businesses and their carefully built balance of strengths makes their future very exciting.

If you want to work with the best, there’s a place for a passionate, ingenious, reliable, experienced person like you at ManSoft.

Currently, the following positions are available:

Positions at Project Manager, Team Leader and Team Member levels.

· For the functional consultants, they would prefer candidates who have some experience of doing package constrained BPR ie challenge the client using the functionality and best practice embedded within the solution.

· Experience of at least 2 full-cycle implementation projects

 

Positions at Project Manager, Team Leader and Team Member levels.

· Good understanding of entire software development life-cycle

· Experience in web technologies such as Java, .NET, etc. essential

 

 

 

 



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.45.34

UK Pound

1

Rs.85.68

Euro

1

Rs.58.33

 

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

 

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions