MIRA
INFORM REPORT
|
Report Date : |
05.01.2007 |
IDENTIFICATION
DETAILS
|
Name : |
TROOP
SOFTWARE – DIVISION OF LALA RAM FINANCE AND INVESTMENT COMPANY PRIVATE
LIMITED |
|
|
|
|
Registered Office : |
132,
Industrial Estate, Nunhai, Agra-282006, Uttar Pradesh |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as on) : |
31.03.2006 |
|
|
|
|
Date of Incorporation : |
23.01.1996 |
|
|
|
|
Com. Reg. No.: |
20-19379 |
|
|
|
|
CIN No.: [Company
Identification No.] |
U74140UP1996PTC019379 |
|
|
|
|
Legal Form : |
Private
Limited Liability Company |
|
|
|
|
Line of Business : |
VOIP
Implementation Service and Software Development |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
Maximum Credit Limit : |
|
|
|
|
|
Status : |
Small
Company |
|
|
|
|
Payment Behaviour : |
Slow
but Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Troop
Software is an IT division of Lala Ram Finance and Investment Company Private
Limited, a company engaged in finance and investment activities. There is
very limited business in the company as confirmed by Mr. Hargobind Singh of
the company. Trade relations are reported as fair. Payments are reported as
fair. Payments are reported as slow but correct. The
company can be considered for small to mediocre business dealings at usual
trade terms and conditions. |
LOCATIONS
|
Registered Office : |
132,
Industrial Estate, Nunhai, Agra-282006, Uttar Pradesh, India |
|
Tel. No.: |
91-562-2280870 |
|
E-Mail : |
|
|
Area : |
3500
Sq. ft. |
|
Location : |
Leased |
|
|
|
|
Head
Office : |
A-152,
Sector 63, Noida-201303, India |
|
Tel.
No.: |
91-120-4061100
to 10 |
|
Fax No.: |
91-120-4601100
to 10 |
|
E-Mail
: |
DIRECTORS
|
Name : |
Mr.
Dinesh Gupta |
|
Designation : |
Director |
|
Address : |
4341,
Vijay Nagar Colony, Agra, Uttar Pradesh, India |
|
Date of Birth/Age : |
15.08.1951 |
|
|
|
|
Name : |
Mr.
Mukesh Gupta |
|
Designation : |
Director |
|
Address : |
4341,
Vijay Nagar Colony, Agra, Uttar Pradesh, India |
|
|
|
|
Name : |
Mr.
Mahesh Gupta |
|
Designation : |
Director |
|
Address : |
4341,
Vijay Nagar Colony, Agra, Uttar Pradesh, India |
|
Date of Birth/Age : |
09.09.1950 |
|
Date of Appointment : |
01.04.2002 |
|
|
|
|
Name : |
Mr.
Umesh Chandra Gupta |
|
Designation : |
Director |
|
Address : |
4341,
Vijay Nagar Colony, Agra, Uttar Pradesh, India |
|
Date of Birth/Age : |
15.11.1946 |
|
Date of Appointment : |
01.04.2002 |
|
|
|
|
Name : |
Mr.
Rama Shankar Gupta |
|
Designation : |
Director |
|
Address : |
4341,
Vijay Nagar Colony, Agra, Uttar Pradesh, India |
|
Date of Appointment : |
01.04.2002 |
KEY EXECUTIVES
|
Name
: |
Mr.
Siddharth Gupta |
|
Designation
: |
Chief
Executive Officer and Business Manager, Offshore Development Services |
|
Mobile
No. : |
91-9897093999 |
|
E-Mail
: |
MAJOR SHAREHOLDERS
|
Names
of Shareholders |
No. of Shares |
|
Mr.
Dinesh Gupta |
1000 |
|
Mr.
Mukesh Gupta |
1000 |
|
Mr.
Umesh C. Gupta |
1000 |
|
Mr. Mahesh
Gupta |
1000 |
|
Mrs.
Asha Rani Gupta |
1000 |
|
Mrs.
Mathura Devi |
1100 |
|
Mrs.
Meera Gupta |
1000 |
|
Mrs.
Vibha Gupta |
1000 |
|
Mrs.
Manju Gupta |
1000 |
|
Mrs.
Sandhya Gupta |
1000 |
|
Mr.
Gaurav Gupta |
100 |
|
Mr.
Vishal Gupta |
100 |
|
Mrs.
Vandana Gupta |
100 |
|
Ms.
Arti Gupta |
100 |
|
Ms. Shikha
Gupta |
100 |
|
Mr.
Rohit Gupta |
100 |
|
Ms.
Divya Gupta |
100 |
|
Mrs.
Richa Gupta |
100 |
|
Mr.
Sidartha Gupta |
100 |
|
Ms.
Shruti Gupta (Minor) |
100 |
|
Ms.
Dakshita Gupta |
100 |
|
Ms.
Devayani Gupta |
100 |
|
Mr.
Abhishek Gupta |
100 |
|
R. S.
Gupta & Sons |
1100 |
|
U. C.
Gupta & Sons |
100 |
|
Mahesh
Gupta & Sons |
100 |
|
Dinesh
Gupta & Sons |
100 |
|
Mukesh
Gupta & Sons |
100 |
|
U.C.
Gupta & Brothers |
100 |
BUSINESS DETAILS
|
Line of Business : |
VOIP
Implementation Service and Software Development |
GENERAL
INFORMATION
|
Customers : |
Financial Sector
Enterprise Sector |
|
|
|
|
Bankers : |
v
Canara
Bank, Agra v
HDFC
Bank, Delhi |
|
|
|
|
Banking Relations : |
-- |
|
|
|
|
Auditors : |
Manish
Brij Garg & Company Chartered
Accountants |
|
Address : |
56,
Old Vijay Nagar Colony, Agra, Uttar Pradesh-282004, India |
|
Mobile No.: |
91-9837590909 |
|
|
|
|
Associates/Subsidiaries : |
ACPL
Exports, Agra Line
of Business : Export House ACPL
Jewels, Agra Divya
Jewellers, Agra Agra
Machine Tools, Agra |
CAPITAL STRUCTURE
Authorised
Capital :
|
No.
of Shares |
Type |
Value |
Amount |
|
50000 |
Equity
Shares |
Rs.10/- each |
Rs.0.500 millions |
Issued,
Subscribed & Paid-up Capital :
|
No.
of Shares |
Type |
Value |
Amount |
|
20000 |
Equity
Shares |
Rs.10/- each |
Rs.0.200 millions |
|
Capital
Investment : |
|
|
Owned : |
27.716
millions |
|
Borrowed : |
87.041
millions |
|
Total : |
114.757
millions |
FINANCIAL DATA
[all figures are in Rupees
Millions]
|
Particulars |
31.03.2005 |
31.03.2004 |
31.03.2003 |
|
Sales Turnover |
22.134 |
14.507 |
6.771 |
|
|
|
|
|
|
Profit/Loss for the year |
13.396 |
6.475 |
0.120 |
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
31.03.2006 |
31.03.2005 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
0.200 |
200 |
|
|
2] Share Application Money |
|
0.000 |
0 |
|
|
3] Reserves & Surplus |
|
27.516 |
19486 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
27.716 |
19.686 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
0.000 |
0.000 |
|
|
2] Unsecured Loans |
|
87.040 |
63895 |
|
|
TOTAL BORROWING |
|
87.040 |
63.895 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
114.756 |
83.581 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
16.946 |
7.362 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
40.639 |
32.098 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
0.000 |
0.000 |
|
|
Sundry Debtors |
|
0.000 |
1.809 |
|
|
Cash & Bank Balances |
|
18.181 |
24.439 |
|
|
Other Current Assets |
|
0.823 |
0.015 |
|
|
Loans & Advances |
|
41.606 |
18.412 |
|
Total Current Assets |
|
60.610 |
44.675 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Current Liabilities |
|
3.417 |
0.524 |
|
|
Provisions |
|
0.021 |
0.029 |
|
Total Current Liabilities |
|
3.439 |
0.553 |
|
|
Net Current Assets |
|
57.171 |
44.122 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
114.756 |
83.581 |
|
KEY
RATIOS
|
PARTICULARS |
|
|
31.03.2006 |
31.03.2005 |
|
PAT / Total Income |
(%) |
|
NA |
NA |
|
|
|
|
|
|
|
Net
Profit Margin (PBT/Sales) |
(%) |
|
NA |
NA |
|
|
|
|
|
|
|
Return
on Total Assets (PBT/Total
Assets} |
(%) |
|
NA |
NA |
|
|
|
|
|
|
|
Return
on Investment (ROI) (PBT/Networth) |
|
|
NA |
NA |
|
|
|
|
|
|
|
Debt
Equity Ratio (Total
Liability/Networth) |
|
|
3.26 |
3.27 |
|
|
|
|
|
|
|
Current
Ratio (Current
Asset/Current Liability) |
|
|
17.62 |
80.68 |
LOCAL AGENCY
FURTHER INFORMATION
The
subject company is shifted from Delhi to Noida.
The new
address of the subject is as follows:
A-152,
Sector 63, Noida-201303, India
Tel.
No.: 91-120-4061100 to 10
Fax No.:
91-120-4601100 to 10
E Mail :
hargobind@troopsoftware.com
The
subject has further claimed that “Troop Software” is the Division of Lal Ram
Finance and Investments Private Limited. However, any details could not be
traced about Lal Ram.
The
division was started in the year 2000
Website Details :
Company
Troop
Software is a global provider of business communication applications, systems
and services focused entirely on serving the needs of businesses large to
small.
Their team of experienced energetic
professionals have a technology and process oriented approach as the foundation
of all their service offerings.
Their
communication applications, systems and services help simplify complex communications
and work with existing technologies, enabling customers to unlock value and
potential from their network. And by embedding communications into the very
business processes of an enterprise, they help to improve the way organizations
work - making people more productive, processes more intelligent and customers
more satisfied.
Service Offerings
VOIP
Consulting & Integration
Software
Development
Openstheirce
Application Customization & Implementation
Database
Management
Opensource
IP Telephony Integration
Asterisk Consulting & Integration
Overview
Troop VOIP Consulting & Integration Services can help you implement
Asterisk based
telephony systems across their business. They help customers choose the right
infrastructure elements to work with Asterisk and also integrate their legacy
telephony infrastructure to get value from their previous investments. They
also ensure that their Asterisk based communications environment is secure and
manageable. Their team of experts can also help you plan, design, and optimize
their network for IP Telephony.
Benefits
Customers benefit from their expertise and experience in deploying Asterisk
based telephony systems. Troop provides you the expertise, tools and resources
to plan, design, integrate and optimize multi-site branch office for their
Asterisk implementation project. Their comprehensive solution delivers the
technical knowledge and processes required to successfully and rapidly deploy
enterprise branch solutions on time and on budget.
Application Integration
Based on their business objectives, Troop experts can design and integrate
various custom developed and opensource applications with their Asterisk
implementation to enhance effectiveness of their business communication.
They
have developed various applications which work together with Asterisk based
telephony systems to address many unique business requirements.
Some
opensource applications which they have successfully integrated with Asterisk
are:
SugarCRM
SugarCRM is an open source customer relationship management (CRM) software for
companies of all sizes. SugarCRM easily adapts to any business environment by
offering a more flexible, cost-effective alternative than many proprietary
applications. SugarCRM's open source architecture allows companies to easily
customize and integrate customer-facing business processes in order to build
and maintain more profitable relationships.
VICIDIAL
This is a list dialer(another real-time web-client) that can be added to
Asterisk and is highly configurable with detailed logging. VICIDIAL can dial
one-call-at-a-time or can put it in auto-dial mode and it acts as a predictive
dialer. VICIDIAL also can function as an ACD for inbound calls or for Closer
calls coming from VICIDIAL fronters and even allows for remote agents that may
only have a phone.
AsterFAX
AsterFax is an email to fax gateway for the transmission of faxes using
Asterisk. AsterFax builds on the services provided by Asterisk to provide a
full fledged email based Fax Gateway. With AsterFax can send faxes from their
desktop sing their standard email client without have to install any software
on their desktop. AsterFax supports a growing number of file formats such as
PDF, Tiff, Postscript, MS-Word and OpenOffice Writer. If any errors occurring
during transmission an error report is sent back to their inbox. One can also
preview how the fax will look by sending email to the special 'preview'
address.
Astbill
AstBill is a web-based, user friendly billing interface for Asterisk and VOIP.
AstBill includes the functionality needed by most businesses for their billing
solutions. It is also very efficient as a platform for small VOIP providers.
IP Telephony Solutions
Solutions
by Industry
ISP
Contact Center
Financial
Media
Healthcare
Manufacturing
Retail
CRM
Troop Software's CRM
Solution provides the companies, the cutting edge they need to drive ahead of
their competitors.
CRM helps companies to
exercise their full potential by streamlining the company's processes to make
the business more "Customer Centric" to suit the needs and rising
demands of Customers. CRM gives them all the tools that they require to record
and manage the communication and activities of marketing, sales and customer
support.
CRM enables the
companies to efficiently manage and grow in the following areas:
Sales Management
Marketing Automation
Customer Support
Reporting
Collaboration
Troop Software offers the CRM on hosted business model, where-in they host the
client's CRM on their own secured server, so that the client doesn't have to
invest in expensive hardware and physical setup.
Products
Impact Messaging System
IMPACT is
a leading messaging system that facilitates real time communication. With its
superior feature set and unprecedented reliability, IMPACT aims to provide
businesses with an increased efficiency in their communication processes.
Small, fast, cross-platform
The IMPACT Messaging
Client is very thin, loads fast, and runs on most platforms including Windows
95/98/NT/XP, Mac OS, and UNIX/Linux
Compelling end-user experience
The IMPACT Client has
one of the easiest and most intuitive user interfaces ever created
Customizable
look and feel
One has total control
over the user interface elements, the look and feel, company logo and more
Broadcast Messaging
Send messages to all
connected users at the touch of a button
Controlled Private one-to-one messaging
Authorized users can
engage in private conversations with other connected users
Seamless integration with their website
The messaging system
can easily be integrated with their existing website to provide messaging
services for their customers
Easy, flexible administrative control
With several levels of
user permissions you can separate between “normal” users, operators, and
administrators
Remote Management
Manager Console
provides management of messaging server from anywhere in the world with the
use of an Internet connection and a Java-enabled web browser
Real-time Statistics
IMPACT allows an
administrator to view real-time usage statistics and user details
Other features
Employs multi-threaded
technology
Scan and purge
technology ensures consistent chat server integrity. Prevents the
occurrences of
"ghost" users
Superb Load-Handling
Architecture
Lower memory
utilization
Lower bandwidth
utilization
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
|
Currency |
Unit
|
Indian Rupees |
|
US
Dollar |
1 |
Rs.44.42 |
|
UK
Pound |
1 |
Rs.86.61 |
|
Euro |
1 |
Rs.58.46 |
SCORE &
RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
34 |
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
|
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 |
|
NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
|