MIRA
INFORM REPORT
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Report Date : |
17.02.2007 |
IDENTIFICATION
DETAILS
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Name : |
LUCENT
MARCONS PRIVATE LIMITED |
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Registered Office : |
105,
LSC – II, Plot No.7, Aggarwal Tower, IP Extension, Patparganj, New
Delhi-110092 |
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Country : |
India |
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Date of Incorporation : |
20.05.2006 |
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Com. Reg. No.: |
55-148958 |
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CIN No.: [Company
Identification No.] |
U74991DL2006PTC148958 |
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IEC No.: |
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TAN No.: [Tax
Deduction & Collection Account No.] |
DELL03289G |
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PAN No.: [Permanent
Account No.] |
AABCL1871E |
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Legal Form : |
Private
Limited Liability Company |
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Line of Business : |
To
carry on all types of selling and purchasing activities directly (both in
internal and external markets on its own or as sales, purchase or commission
agents and brokers), to act as service agents and to provide services related
thereof and to carry on the business as marketing consultants both in
internal and external markets. |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Maximum Credit Limit : |
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Status : |
New
company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject
is a new company and in the process of establishing itself. No further
details could be available. It’s first financials are awaited. The
company can be considered normal for small business dealings on fully safe
and secured trade terms and conditions. |
LOCATIONS
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Registered Office : |
105,
LSC – II, Plot No.7, Aggarwal Tower, IP Extension, Patparganj, New
Delhi-110092, India |
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Tel. No. |
91-11-22722181,22722182 |
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Fax No. |
91-11-22722183 |
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E-Mail : |
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Website : |
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Branches : |
Mumbai Office : Flat No. B-13, Office No. 504, Rutu Enclave, Ghodhbander
Road, Thane West-400601, India |
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Mobile No. |
91-9870306228 |
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Fax No. |
91-22-25970876 |
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E-Mail : |
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Website : |
DIRECTORS
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Name : |
Mr.
Sanjay Kumar Sinha |
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Designation : |
Director |
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Address : |
Plot
No.82, Flat No.107, Sudarshan Apartments, Patparganj, Delhi-110092 |
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Date of Birth/Age : |
20.11.1974 |
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Date of Appointment : |
20.05.2006 |
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Name : |
Mrs.
Monica Sinha |
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Designation : |
Director |
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Address : |
Plot
No.82, Flat No.107, Sudarshan Apartments, Patparganj, Delhi-110092 |
MAJOR SHAREHOLDERS
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Names
of Shareholders |
No. of Shares |
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Mr.
Sanjay Kumar Sinha |
5000 |
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Mrs.
Monica Sinha |
5000 |
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Total |
10000 |
BUSINESS DETAILS
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Line of Business : |
To
carry on all types of selling and purchasing activities directly (both in
internal and external markets on its own or as sales, purchase or commission
agents and brokers), to act as service agents and to provide services related
thereof and to carry on the business as marketing consultants both in
internal and external markets. |
CAPITAL STRUCTURE
Authorised
Capital :
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No.
of Shares |
Type |
Value |
Amount |
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20000 |
Equity
Shares |
Rs.10/- each |
Rs.0.200 millions |
Issued,
Subscribed & Paid-up Capital :
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No.
of Shares |
Type |
Value |
Amount |
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10000 |
Equity
Shares |
Rs.10/- each |
Rs.0.100 millions |
LOCAL AGENCY
FURTHER INFORMATION
Website Details :
THE COMPANY
Subject’s core group has been serving to various automation,
control and instrumentation requirements for virtually all critical
applications in various industries for over a decade.
They emphasize constant learning with opportunities to improve and
grow their skills and experiences. They hire the best people; give them
every possible opportunity to learn and challenging work
assignments, and then set aggressive goals.
As a Multifaceted Engineering Company they provide Total
Engineering Solutions to their Customer for Applications,
Equipment, Services, Products and Consultancy.
Services
Subject provides high quality engineering services including
consultancy and design services for all industries .They have gathered an
elite work force which assures continuous support around the clock. In this way
they are able to provide attractive packages for support & services.
They offer complete design, procurement, installation,
commissioning and maintenance of Inst. And Control, Telemetry, AC and DC
power supplies either as stand-alone product or as system. They provide total
turnkey solutions for all I&C applications .
Some of their services are :
v
Project Study. (Specification & drawings)
v
Control Philosophy Development
v
Complete Process Analysis
v
Initial Project Feasibility Study for I& C and
Electrical requirements.
v
Project BOQ Development
v
Project Management
v
Skilled manpower supply.
v
I&C Installation and Commissioning
In order to add more
value to their clients they have upgraded their CAE process to EPLAN. EPLAN has
transformed the way they do their technical drawings and documentation for
PLCs, BMS, Electrical Systems and Instrument drawings. This has reduced their
lead time for project deployment
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 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
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Currency |
Unit
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Indian Rupees |
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US
Dollar |
1 |
Rs.44.25 |
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UK
Pound |
1 |
Rs.86.41 |
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Euro |
1 |
Rs.58.10 |
SCORE &
RATING EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
2 |
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PAID-UP CAPITAL |
1~10 |
2 |
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OPERATING SCALE |
1~10 |
2 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
3 |
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--PROFITABILIRY |
1~10 |
1 |
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--LIQUIDITY |
1~10 |
2 |
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--LEVERAGE |
1~10 |
2 |
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--RESERVES |
1~10 |
2 |
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--CREDIT LINES |
1~10 |
2 |
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--MARGINS |
-5~5 |
-- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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18 |
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 EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |
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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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