MIRA INFORM REPORT

 

 

Report Date :

19TH May, 2006

 

IDENTIFICATION DETAILS

 

Name :

ANUSHI MACHINES AND TOOLS

 

 

Registered Office :

1934, MIE, Part – B, Industrial Area, Bahadurgarh – 125407, Haryana

 

 

Country :

India

 

 

Date of Incorporation :

2004

 

 

Legal Form :

Sole Proprietory Concern

 

 

Line of Business :

Manufacturer and Exporter of Tube Mill Machinery and Pipe Machinery

 

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 10000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well – established concern having satisfactory track. Trade relations are fair. General financial position is satisfactory. Payments are usually correct and as per commitments.

 

The concern can be considered normal for business dealings at usual trade terms and conditions.

 

LOCATIONS

 

Registered Office :

1934, MIE, Part – B, Industrial Area, Bahadurgarh – 125407, Haryana

Tel. No.:

91-11-25274103/25254945

91-1276-320217

Fax No.:

91-11-25254945/25274103

E-Mail :

anushi621@yahoo.com

Area :

5000 Sq. ft

Location :

Leased

 

SOLE PROPRIETOR

 

Name :

Mr. Sanjeev Babbar

Designation :

Proprietor

Address :

BG 6/345B, First Floor, Paschim Vihar, New Delhi – 110063 

Date of Birth/Age :

41 Years

Qualification :

BE

Experience :

15 Years

Tel. No.:

91-11-25274103

Mobile No.:

91-9810538060/9810396204

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer and Exporter of Tube Mill Machinery and Pipe Machinery

 

 

Products :

Pipe Machinery/Tube Machinery

 

v      Hydro Tester

v      Bending Machines

v      End Facing Machines

v      Pipe Straightener

v      Strip Straightener

 

v      Slitting Lines

 

v      H R Slitters

v      C R Slitters

v      With or Without Loop Control Capacity up to 30 Tonnes Coil Weight and 2000 mm Width

 

v      Special Machine for Pipe Cutting like Chip Less and Flying Saw [Manual or Automatic]

 

v      Roll Sets

v      Slitting Cutters

v      Hydraulic or Pneumatic Cylinders

 

 

Export

Europe

 

 

Terms :

 

Selling :

Credit and CAD (30 days)

 

 

Purchasing :

Credit (30 to 45 days)

 

GENERAL INFORMATION

 

Customers :

v      H M Steel Tubs Limited, Himachal Pradesh

v      Arrcee Ispat Udyog, Hissar, Haryana

v      Binjrajka Steel Tubs Limited, Hyderabad

v      Sidhartha Tubs Limited, Indore

v      Rama Steel Tube, Utter Pradesh

v      K L Concast, Utter Pradesh

v      Good Luck Steel Tube, Utter Pradesh

v      Knight Queen Industries Private Limited, Himachal Pradesh

v      Vinod Tubs, Hyderabad

v      Zenith, Mumbai    

 

 

No. of Employees :

25

 

 

Bankers :

Syndicate Bank, Paschim Vihar Branch, New Delhi

 

 

Facilities :

--

 

 

 

Banking Relations :

--

 

 

Associates/Subsidiaries :

Nil

 

CAPITAL STRUCTURE

 

Capital Investment :

 

Owned :

Rs. 1.500 Millions

Borrowed :

--

Total :

Rs. 1.500 Millions

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Particulars

 

 

31.03.2006

31.03.2005

Sales Turnover

 

5.000

4.500

 

 

 

 

Profit/(Loss) Before Tax

 

0.148

0.115

Provision for Taxation

 

0.037

0.015

Profit/(Loss) After Tax

 

0.111

0.100

 
KEY RATIOS

 

PARTICULARS

 

 

 

31.03.2006

31.03.2005

PAT / Total Income
(%)
 

2.22

2.22

 
 
 

 

 

Net Profit Margin

(PBT/Sales)

(%)

 

2.95

2.55

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

 

7.40

7.14

 


 

LOCAL AGENCY FURTHER INFORMATION

 

Subject is a Manufacturer and Exporter of Tube Mill Machinery and Pipe Machinery The subject is manufacturing Tube Mill Machinery and Tools for reputed companies in India. The subject can manufacture the machineries according to the customer’s designs and specifications. 

 

Production Capacity

 

7 to 10 Mills per annum

 

Delhi (India) based Anushi Machine & Tools is an internationally reputed manufacturer, exporter and supplier of Pipe Machinery, Tube Machinery, Pipe Machinery Tools, Tube Machinery Tools

 

Profile


The basis of Anushi Machines and tools success is commended to the sincere and sheer hard-work of its management and work force. They have best practices and standards for every aspect of their business, where the main vision has been quality at par and continuos improvement in order to stay abreast amidst the relevant and competitive market.

They know their customers, many of which have been with us for more than 5 years. They know their machines because we've built them to last for generations. They know quality and provide a one-stop shop for tube and pipe manufacturers. They Know how to build partnerships. They are the backbone of their company. They know what it takes to be a trusted supplier and a reliable source. They know when it counts, you can count on us.

They started in this business as a tube mill operator an over 10 years have found ways to make the mills better.

But their most important achievement is creating a company that continues to demand excellence, valve and trust. They have customers across the globe that have made Anushi a cornerstone of their business, because they know that when it comes to quality and services, we're' always true to from.

 

Products


Pipe Machinery / Tube Machinery
» For Black and Galvanized Pipes from N.B. ˝ '' To 2 1/2" , 1" To 4", 4" To 8"
» For Precision Tubes from 12 mm OD To 100 mm OD
» For Stainless Steel Tubes from 1/2" N.B. To 4" N.B.
» Hydro Tester
» Bending Machines
» End Facing Machines
» Pipe Straightener
» Strip Straightener

 

Slitting Lines –


» H.R. Slitters
» C.R. Slitters
» With Or Without Loop Control Capacity Up To 30 Tonnes Coil Weight and 2000 mm Width.
» Special Machines for Pipe Cutting like Chipless and Flying Saw (Manual or automatic)

Tools -

  1. Roll Sets
    Specially Designed Rolls For Open or Sectional Pipes and Spare Rolls (As Per Customers Requirements). Material Used For Rolls: En -9, En - 31 And High Carbon High Crome (D2 or D3)
  2. Fins
    Any Size (As Per Customers Requirement). Material Used For Fins: En -42 Or En - 47
  3. Flying Saw Cutters
    from 12" OD To 42" OD and Thickness from 2 mm to 12 mm. Material Used For Flying Saws (Chrome Vanadium Steel) Imported
  4. Slitting Cutters
    From 8" To 15" (as per customer requirement). Material Used For Slitting Cutters HcHcr (D2 or D3)
  5. Chipless or C.O.C. Cutters
    any Size (as per customers requirement). Material Used For En -24 Or Tungsten Steel.
  6. Hydraulic or Pnuematic Cylinders
    any Size (as per customers requirement) and Power Packs for any Capacity.

 


Our Expertise


Their manufacturing capabilities are built upon automated specialized equipment with a CNC set up. Standardized Manufacturing Techniques provide short lead times for production requirements. They are able to meet the tightest of the scheduled orders. Their phenomenal success has been built on stringent quality control at each stage of production. Their trusted quality & workmanship are reflected in their products.

Quality


Anushi Machines & Tools sets the industry standards for quality tube mill products custom engineered to the specific manufacturing needs. Whether you need a tube mill or its spares.

It's a large investment and no two tube mills are exactly the same. Get exactly what you need: the right speed, and the right cutoff. Whether you're running 3 fpm or, get a tube mill that perform for the long run. Make it fit the business. Make it fit the plant.

Tube mills are custom designed from the ground up by people who know how to operate them. That's because the best ideas don't come from the drawing board, they come from real-world experience.

 

Our Clients


Since quality is their priority, it is their ultimate goal to provide best products and customer service. They have a dedicated client base across the domestic market. Their clients also comprise satisfied customers in the vast and demanding international markets where their zeal for perfection has been noticed and appreciated. Their client list goes like this:

  1. H.M.Steel Tubes Limited, H.P.
  2. ARRCEE Ispat Udyog, Hissar
  3. Binjrajka Steel Tubes Limited, Hyderabad
  4. Sidhartha Tubes Limited, Indore
  5. Rama Steel Tube, U.P.
  6. K.L.Concast, U.P.
  7. Good Luck Steel Tube, U.P.
  8. Knight Queen Industries (P) Ltd., H.P.
  9. Vinod Tubes, Hyderabad
  10. Zenith, Bombay

 

Query


They shall appreciate the inquiry for their products. They can design, develop and manufacture any of the items in their product range as per the sample or drawing.



Contact Us or Send Your Business Query
Anushi Machine and Tools
Contact Person :Mr. Sanjeev Babbar
Address : 1934 MIE Part-B, Bahadurgarh,
Modren Industry Area
New Delhi - 110 063 (India)
Phone no :+(91)-(11)-25274103
Fax : +(91)-(11)-25254945
Mob : +(91)-9810396204/9810538060
E-mail : anushi621@yahoo.com

 


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.45.48

UK Pound

1

Rs.85.55

Euro

1

Rs.57.58

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

5

PAID-UP CAPITAL

1~10

5

OPERATING SCALE

1~10

5

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

5

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

5

--LEVERAGE

1~10

5

--RESERVES

1~10

5

--CREDIT LINES

1~10

5

--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

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

45

 

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

 

 

 

 

 

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