MIRA
INFORM REPORT
|
Report Date : |
21st
January, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
NIS
SPARTA LIMITED |
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Registered Office : |
8,
Balaji Estate, Sudershan Munjal Marg, Kalkaji, New Delhi – 110019 |
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Country : |
India |
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Financials (as on) : |
31.03.2006 |
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Date of Incorporation : |
02.06.1992 |
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Com. Reg. No.: |
55-49027 |
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CIN No.: [Company
Identification No.] |
U74899DL1992PLC049027 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
DELN02789D |
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PAN No.: [Permanent
Account No.] |
AAACN2681H |
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Legal Form : |
Closely
Held Public Limited Liability Company |
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Line of Business : |
Providing
Solutions towards Performance Improvement, Training and Education. |
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 |
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Maximum Credit Limit : |
USD
325000 |
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Status : |
Satisfactory
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
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Comments : |
Subject
is a well established company having satisfactory track. Trade relations are fair. General financial position is
satisfactory. Payments are usually
correct and as per commitments. The
company can be considered good for normal business dealings at usual trade
terms and conditions. |
LOCATIONS
|
Registered Office : |
8,
Balaji Estate, Sudershan Munjal Marg, Kalkaji, New Delhi – 110019 |
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Tel. No.: |
91-11-30813851 |
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Fax No.: |
91-11-30813851 |
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Email : |
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Website : |
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Branches
: |
4-A, Shanti Nagar Industrial Estate, Chhatrapati Shivaji Marg, Vakola,
Santacruz (East), Mumbai - 400 055, Maharashtra, India Ph: 91-22-30620647/ 30620648 52, Chowringhee
Road, 5th Floor, Kolkata-700071, West Bengal 3-D "Riaz Garden" 12-13, Kodambakkam High Road,
Nungambakkam, 1st Floor, 3 Richmond Road, Bangalore-560025, Karnataka, India |
DIRECTORS
|
Name : |
Mr.
Sanjeev Kaul Duggal |
|
Designation : |
Whole
Time Director |
|
Address : |
M –
45, Greater Kailash, Part II, New Delhi – 110048, India |
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Date of Birth/Age : |
09.12.1961 |
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Date of Appointment : |
01.03.1997 |
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|
Name : |
Mr.
Ajay Baijal |
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Designation : |
Director
|
|
Address : |
Flat
G, Falcon Crest, 139, 4th Main, Defence Colony, Indira Nagar,
Bangalore – 560038, Karnataka, India |
|
Date of Birth/Age : |
21.11.1957 |
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Date of Appointment : |
23.07.2005 |
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|
Name : |
Mr.
Rajeev Bhaduria |
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Designation : |
Director
|
|
Address : |
Kshitije
Apartments, Wing – A, 103, Ram Mandir Road, Goregaon [West], Mumbai,
Maharashtra, India |
|
Date of Birth/Age : |
13.09.1960 |
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Date of Appointment : |
23.07.2005 |
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|
Name : |
Mr.
Madhukar Moolwaney |
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Designation : |
Director
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|
Address : |
BSES
Apartment, Flat No. 402, ‘B’ Wing, Plot 91/94, Prabhat Colony, Santa Cruz
[East], Mumbai – 400055, Maharashtra, India |
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Date of Birth/Age : |
14.10.1953 |
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Date of Appointment : |
23.07.2005 |
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|
Name : |
Mr.
Vinay Vishnu Bhat |
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Designation : |
Director
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|
Address : |
11,
Aangan, Plot No. 40, P. Chidambaram Marg, Sion [East], Mumbai, Maharashtra,
India |
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Date of Birth/Age : |
16.10.1943 |
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Date of Appointment : |
01.07.2004 |
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Date of Ceasing : |
23.07.2005 |
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Name
: |
Mr. K.
R. Raja |
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Designation
: |
Director
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Address
: |
Flat
No. 1703/1704, Building No. 1, Raheja Claassique, New Link Road, Oshiwara,
Andheri [West], Mumbai, Maharashtra, India |
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Date
of Birth/Age : |
19.12.1956 |
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Date
of Appointment : |
01.07.2004 |
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Date
of Ceasing : |
23.07.2005 |
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OTHER
PERSONNEL |
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Name
: |
Mr.
Rajesh Ramnani |
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Designation
: |
Company
Secretary |
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Address
: |
D –
44, 2nd Floor, Naraina Vihar, New Delhi – 110028, India |
|
Date
of Birth/Age : |
15.08.1968 |
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Date
of Appointment : |
01.07.2004 |
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Date
of Ceasing : |
23.07.2005 |
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Name
: |
Ms.
Niti Mittal |
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Designation
: |
Company
Secretary |
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Address
: |
A –
10, Golden Park, Shiv Puri, Delhi – 110051, India |
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Date
of Birth/Age : |
03.05.1977 |
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Date
of Appointment : |
23.07.2005 |
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Name
: |
Mr.
Goutam Roy |
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Designation
: |
Vice
President |
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Date
of Birth/Age : |
46
years |
|
Qualification
: |
B.Com |
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Experience
: |
25
years |
|
Date
of Appointment : |
01.04.2001 |
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Previous
Employment : |
NIIT
Limited |
|
Designation
with previous employer : |
Industry
Head |
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|
|
|
Name
: |
Mr.
Muralidhar Rao |
|
Designation
: |
President |
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Date
of Birth/Age : |
45
years |
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Qualification
: |
B.E.,
M.B.A. |
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Experience
: |
22
years |
|
Date
of Appointment : |
01.04.2001 |
|
Previous
Employment : |
NIIT
Limited |
|
Designation
with previous employer : |
Vice
President |
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|
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|
Name
: |
Mr.
Navin Bhatia |
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Designation
: |
Vice
President – Head Corporate Business |
|
Date
of Birth/Age : |
42
years |
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Qualification
: |
M.B.A. |
|
Experience
: |
25
years |
|
Date
of Appointment : |
01.04.2001 |
|
Previous
Employment : |
NIIT
Limited |
|
Designation
with previous employer : |
National
Business Head |
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|
Name
: |
Mr.
Ravinder Kaul |
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Designation
: |
Chief
Financial Officer |
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Date
of Birth/Age : |
47
years |
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Qualification
: |
B.Com |
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Experience
: |
25
years |
|
Date
of Appointment : |
01.04.2001 |
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Previous
Employment : |
NIIT
Limited |
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Designation
with previous employer : |
Controller
Accounts |
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|
Name
: |
Ms.
Vijayalakshmi Viswanathan |
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Designation
: |
Vice
President |
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Date
of Birth/Age : |
45
years |
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Qualification
: |
M.B.A. |
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Experience
: |
20
years |
|
Date
of Appointment : |
01.04.2001 |
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Previous
Employment : |
NIIT
Limited |
|
Designation
with previous employer : |
Chief
Marketing Officer |
MAJOR SHAREHOLDERS
|
Names
of Shareholders |
|
No. of Shares |
|
SAF
Investments Limited |
|
150000 |
|
Mr.
Muralidhar Rao |
|
48000 |
|
Reliance
Infoinvestments Limited |
|
2202040 |
|
Mr. M
Sundar with Reliance Infoinvestments Limited |
|
10 |
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Mr. K.
R. Raja with Reliance Infoinvestments Limited |
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10 |
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Mr.
Rohit C. Shah with Reliance Infoinvestments Limited |
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5 |
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Jyotindra
H. Thacker with Reliance Infoinvestments Limited |
|
5 |
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TOTAL |
|
2400070 |
BUSINESS DETAILS
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Line of Business : |
Provided
Solutions towards Performance Improvement, Training and Education. |
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Products : |
Performance
Improvement, Training and Education |
GENERAL
INFORMATION
|
Suppliers : |
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Customers : |
AUTOMOBILE ·
Maruti Udyog ·
Hero Honda Limited ·
Escorts Yamaha Limited ·
LML ·
TVS ·
Mahindra & Mahindra ·
Ford Motors ·
Bajaj Auto Limited ·
ApolloTyres TELECOM ·
Tata Telecom ·
Bharti Mobile ·
Reliance Infocomm ·
BPL Mobile ·
Tata Teleservices ·
MTNL ·
BSNL ·
Hutch ·
Tata Technologies ·
Samsung ENERGY &
UTILITIES ·
NTPC ·
KPTCL ·
PFC ·
NPTI ·
NDPL ·
BSES OIL & GAS
BANKS &
FINANCIAL SERVICES ·
Reserve Bank of India ·
American Express ·
State Bank of India ·
Standard Chartered Bank ·
ABN Amro ·
UTI ·
Peerless ·
Bharat Overseas Bank Limited INFORMATION
TECHNOLOGY ·
Wipro Infotech ·
Intel ·
HP ·
NIIT ·
IBM ·
Tata Infotech ·
Xansa ·
Birla Soft ·
HCL Perot INSURANCE
FMCG/CONSUMER
DURABLE
PHARMACEUTICALS
ENGINEERING
ITES
TRANSPORTATION
LOGISTICS ·
DHL ·
GATI ·
UTW PSU / GOVERNMENT
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Bankers : |
ECE House, K G Marg, New Delhi –
110001
36-38A, Nariman Bhavan, Nariman Point,
Mumbai – 400021, Maharashtra, India |
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Facilities : |
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Banking Relations : |
Satisfactory
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Auditors : |
Price
Waterhouse Chartered
Accountants, |
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Address : |
P W
Centre, Saidulajab, Mehrauli Badarpur Road, Opp D Block, Saket, New Delhi –
110 030, India |
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Associates : |
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CAPITAL STRUCTURE
Authorised
Capital :
|
No.
of Shares |
Type |
Value |
Amount |
|
5000000 |
Equity
Shares |
Rs. 10/- each |
Rs. 50.000 millions |
Issued,
Subscribed & Paid-up Capital :
|
No.
of Shares |
Type |
Value |
Amount |
|
2400070 |
Equity
Shares |
Rs. 10/- each |
Rs. 24.000 millions |
FINANCIAL DATA
[all figures are in Rupees
Millions]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2006 |
31.03.2005 |
31.03.2004 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
24.000 |
24.000 |
24.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
61.178 |
58.862 |
52.033 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
85.178 |
82.862 |
76.033 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
45.068 |
21.146 |
57.905 |
|
|
2] Unsecured Loans |
58.500 |
58.996 |
3.063 |
|
|
TOTAL BORROWING |
103.568 |
80.142 |
60.968 |
|
|
DEFERRED TAX LIABILITIES |
1.986 |
3.809 |
1.887 |
|
|
|
|
|
|
|
|
TOTAL |
190.732 |
166.812 |
138.888 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
84.108 |
85.639 |
76.426 |
|
|
Capital work-in-progress |
1.300 |
4.954 |
1.396 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
1.271
|
0.726
|
1.356 |
|
|
Sundry Debtors |
151.454
|
120.701
|
97.656 |
|
|
Cash & Bank Balances |
8.887
|
15.407
|
10.405 |
|
|
Other Current Assets |
0.000
|
0.000
|
0.000 |
|
|
Loans & Advances |
81.351
|
33.722
|
12.163 |
|
Total Current Assets |
242.963
|
170.556
|
121.580 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Current Liabilities |
130.894
|
90.619
|
56.933 |
|
|
Provisions |
6.745
|
3.721
|
3.602 |
|
Total Current Liabilities |
137.639
|
94.340
|
60.535 |
|
|
Net Current Assets |
105.324
|
76.216
|
61.045 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.004 |
0.021 |
|
|
|
|
|
|
|
|
TOTAL |
190.732 |
166.813 |
138.888 |
|
PROFIT
& LOSS ACCOUNT
|
PARTICULARS |
31.03.2006 |
31.03.2005 |
31.03.2004 |
|
Sales Turnover [including other income] |
800.092 |
476.908 |
367.928 |
|
|
|
|
|
|
Profit/(Loss)
Before Tax |
10.484 |
9.759 |
37.509 |
|
Provision
for Taxation |
0.000 |
2.929 |
13.434 |
|
Profit/(Loss)
After Tax |
10.484 |
6.830 |
24.075 |
|
|
|
|
|
|
Export
Value |
0.387 |
2.048 |
1.686 |
|
|
|
|
|
|
Import
Value |
NA |
0.698 |
2.255 |
|
|
|
|
|
|
Total
Expenditure |
789.608 |
467.148 |
330.418 |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2006 |
31.03.2005 |
31.03.2004 |
|
PAT / Total Income |
(%) |
1.31 |
1.43
|
6.54 |
|
|
|
|
|
|
|
Net
Profit Margin (PBT/Sales) |
(%) |
1.31 |
2.04
|
10.19 |
|
|
|
|
|
|
|
Return
on Total Assets (PBT/Total
Assets} |
(%) |
3.19 |
3.80
|
18.94 |
|
|
|
|
|
|
|
Return
on Investment (ROI) (PBT/Networth) |
|
0.12 |
0.11
|
0.49 |
|
|
|
|
|
|
|
Debt
Equity Ratio (Total
Liability/Networth) |
|
3.85 |
2.10
|
1.59 |
|
|
|
|
|
|
|
Current
Ratio (Current
Asset/Current Liability) |
|
1.76 |
1.80
|
2.00 |
LOCAL AGENCY
FURTHER INFORMATION
Operations
The
company continued to grow, consolidating its position as the leader in
‘Performance Improvement’ Training and Development of people across the sales,
customer relationship management, personnel effectiveness domains and
discontinuity management. It continued to enjoy the strategic alliance with its
business associates Huthwaite International UK, Eagle Flight, USA and NIIT
Limited India. In alliance with these
partners, it provided researched and validated training and consulting
solutions, to various entities in India and abroad.
During
the year under report, the company provided solutions towards performance
improvement to various leading corporate clients including several prestigious
Government & Public Sector Enterprises such as ICICI Prudential, Birla
Sunlife, Hindustan Lever Limited, Reliance, Mahindra & Mahindra, HDFC,
Standard Life Insurance, Johnson & Johnson, ABN Amro Bank, Indian Oil Corporation
Limited, Indian Railways, Maruti Udyog, Hero Honda, Bank of Baroda, ICICI Bank,
American Express Bank and India Today.
Such solutions were also extended to Corporate Executive of reputed
companies at Oman, Sri Lanka and Egypt.
The
company has entered into various contracts for providing International and
Domestic Customer Services. While
benefits from such contracts will accrue in the future years, the Board of
Directors shall periodically review their progress.
Future Prospects
In
today’s scenario, management of knowledge is of paramount importance to
employees or human capital that play a very significant role in the growth of
the organization. In this
endeavour. The company in future years,
shall make use of powerful performance enhancement and customer relationship
management tools to improve the effectiveness of human capital, thereby
contributing to the growth of prospective clients. It has identified tremendous opportunities in the field of
Insurance, Health, Telecom, Petroleum and Social marketing in India and people
effectiveness training outside India,
The same shall be fully tapped in the years to come, thereby
contributing to the growth and profitability of the company.
Generic
Names of three Principal Products of the company is as under :
> Performance Improvement, Training and
Education
Fixed
Assets:
- Plant & Machinery
- Leasehold Improvement
- Furniture & Fixture
- Vehicles
|
Name
of the company |
NIS SPARTA LIMITED |
|
Presented By |
Mr.
Sanjeev Duggal, Director |
|
1) Date and description of instrument creating
the change |
Deed of hypothecation dated 13.03.2004 |
|
2) Amount secured by the charge/amount owing on
the securities of charge |
Rs. 50.000 millions |
|
3) Short particular of the property charged. If
the property acquired is subject to charge, date of the acquired of the
property should be given |
Hypothecation by way of company’s stock of stores
and the present and future book debts and monies receivable by the company |
|
4) Gist of the terms and conditions and extent
and operation of the charge. |
Loan facility of
Rs. 50.000 millions agreed to be lend and advanced by The Hongkong and
Shanghai Banking Corporation Limited, ECE House, K G Marg, New Delhi to the
company, together with interest, costs, charges, expenses and all other
moneys due and payable by it to The Hongkon and Shanghai Banking Corporation
Limited |
|
5) Name and Address and description of the person
entitled to the charge. |
The Hongkong and
Shanghai Banking Corporation Limited, ECE House, K G Marg, New Delhi – 110001 |
|
6) Date
and brief description of instrument modifying the charge |
Not Applicable |
|
7) Particulars of modifications specifying the
terms and conditions or the extent of operations of the charge in which
modification is made and the details of the modification. |
Not Applicable |
|
Name
of the company |
NIS SPARTA LIMITED |
|
Presented By |
Mr.
Sanjeev Duggal, Director |
|
1) Date and description of instrument creating
the change |
Deed of hypothecation dated 05.01.2004 |
|
2) Amount secured by the charge/amount owing on
the securities of charge |
Rs. 50.000 millions |
|
3) Short particular of the property charged. If
the property acquired is subject to charge, date of the acquired of the
property should be given |
Hypothecation by way of first charge on
receivables and book debts, present and future, arising out
contracts/agreements/arrangements executed by NIS Sparta Limited with
Hindustan Lever Limited. HDFC Standard Life Insurance Company Limited. ICICI Prudential Life Insurance Company
Limited. Bharti Televentures Limited. Tata AIG Life Insurance Company Limited
and any other customers of the borrower for providing consultancy services or
any other service or training to the said companies. |
|
4) Gist of the terms and conditions and extent
and operation of the charge. |
Revolving Loan
facility of Rs. 50.000 millions agreed to be lend and advanced by Kotak
Mahindra Bank Limited, 36-38A, Nariman Bhavan, Nariman Point, Mumbai to the
company, together with interest, costs, charges, expenses and all other
moneys due and payable by it to Kotak Mahindra Bank Limited |
|
5) Name and Address and description of the person
entitled to the charge. |
Kotak Mahindra
Bank Limited 36-38a, Nariman
Bhavan, Nariman Point, Mumbai – 400021, Maharashtra, India |
|
6) Date
and brief description of instrument modifying the charge |
Not Applicable |
|
7) Particulars of modifications specifying the
terms and conditions or the extent of operations of the charge in which
modification is made and the details of the modification. |
Not Applicable |
|
Name
of the company |
NIS SPARTA LIMITED |
|
Presented By |
Mr.
Sanjeev Duggal, Director |
|
1) Date and description of instrument creating
the change |
Deed of hypothecation dated 13.03.2004 |
|
2) Amount secured by the charge/amount owing on
the securities of charge |
Rs. 50.000 millions |
|
3) Short particular of the property charged. If
the property acquired is subject to charge, date of the acquired of the
property should be given |
Hypothecation of way of company’s stock of store
and the present and future book dents and monies receivable by the company |
|
4) Gist of the terms and conditions and extent
and operation of the charge. |
Loan facility of
Rs. 50.000 millions agreed to be lent and advanced by The Hongkong and
Shanghai Banking Corporation Limited, ECE House, K G Marg, New Delhi, to the
company, together with interest, costs, charges, expenses and all other
moneys due and payable by it to The Hongkong and Shanghai Banking Corporation
Limited |
|
5) Name and Address and description of the person
entitled to the charge. |
The Hongkong and
Shanghai Banking Corporation Limited, ECE House, K G Marg, New Delhi – 110
001, India |
|
6) Date
and brief description of instrument modifying the charge |
Not Applicable |
|
7) Particulars of modifications specifying the
terms and conditions or the extent of operations of the charge in which modification
is made and the details of the modification. |
Not Applicable |
Website Details
The Legend of Sparta
Sparta was the ancient capital of the Laconia
province. At one time, the most powerful state in Greece, Sparta was renowned
for its militaristic, austere philosophy, and feared for the unflinching
courage and single-minded dedication of its soldiers. A city which was not
walled in, until Roman times because of Sparta's belief - 'our men are our
walls'.
This belief is carried forward by NIS SPARTA even today. In any
organization, people make the difference. And a successful team is one, which
is trained, developed, motivated and sustained with almost military precision.
At NIS Sparta, we also believe that our people are our strength. Hence, we rely
on and invest in our people.
While technology, infrastructure and products can be duplicated, it is people
who are the key differentiators in the growth of any organization. Hence,
investment in people is what makes any organization successful.
Vision
They will be the leading institution enabling
individuals, organizations and communities to be successful and people to
realize their dreams
Differentiator
· Ability to handle large scale roll-outs
· Multi-language and vernacular delivery capabilities
· Globally validated training models
· Wide range of training methodologies
· Pioneers in performance coaching in the field.
Vast geographical spread
NIS Sparta is headquartered in New Delhi and has regional
offices at Mumbai, Bangalore, Chennai and Kolkata. In addition, there are
partners and franchisees in 60 locations. In the international markets their
offices are located in Middle East, Srilanka, China, Bangladesh and Egypt. With
over 100 new offices being set up in the coming year, NIS Sparta today is
poised for exponential growth.
Ability to handle large scale roll-outs
With their vast geographical spread and a diverse team of consultants and
trainers, they are well equipped to handle large scale roll outs across the
nation.
Some Experience
For Indian Railways,
operating from 9 zonal training centres, they have trained over 48,000 customer
- facing personnel in a 5 day training program, over a 3 year period.
At their insurance centers
spread across the country, they have trained over 87000 agents over a period of
3 1/2 years.
Besides this they have
trained large numbers for HLL, Bharti, Mahindra and Mahindra
Multi-language and vernacular delivery capabilities
It is impossible to conduct training for frontline staff without resorting to
the vernacular.
Depending on the profile of participants, their training delivery ranges from
english to a mixture of english, hindi, kannada, tamil, assamese, bengali,
malayalee, punjabi, oriya.
Globally validated training models
Their training programs draw upon a rich source of Intellectual Property -
those developed by their Corporate Research Centre and those of our strategic
partners. Their training models span a wide gamut from sales, customer service
to managerial development.
Wide range of training methodologies
Depending on the profile of participants and their learning requirements, we
use:
Conventional training in class room using interactive role plays, case studies
Video,
Audio
Digital
Web based modules
Train the trainer
One-2-one training ( coaching)
Outdoor
Adventure based learning
Business Simulation
Pioneers in performance coaching in the field.
Practice makes a man perfect. And skills learnt in a training programme need to
be practiced. To aid practice, we offer 'Performance Coaching Solutions' ,
where NIS Sparta trained coaches work alongside employees observing and
coaching them.
Project Dronacharya and
Project Gyanbharti are two examples. In Project Dronacharya, coaches work with
Hindustan Lever's Retail stockist sales men, improving their effectiveness in
the field. In Project Gyanbharti, our coaches work with customer facing
personnel of Airtel to improve their sales and customer effectiveness.
Under Project Gladiator for Samsung, our coaches are providing product usage
training to Reliance dealer sales men across the country.
Our Divisions
The NIS Academy ( www.thenisacademy.com)
In the
education sector, The NIS Academy has two major roles to play, first as a basic
education provider to students after their school and second to executives and
mid-level careerist for enhancing their skills and building their knowledge
base.
Courses Offered:
The NIS Academy programmes for students and working executives include:
PGDAM (Post Graduate Diploma in Applied Management)
ADBP (Advanced Diploma in Banking Practices)
Speak Up
BBA with PGDAM
MBA in Applied Management
PGDAM prepares students to take up challenging
careers in Sales and Marketing and Customer Service in various industries.
ADBP is a programme offering a brilliant chance to students aspiring to
make a career in Banking.
The Speak Up course being offered by the NIS Academy aims at building confident,
well-groomed people with excellent communication skills and empowers them to
take the world head on.
Recently The NIS Academy has introduced two new programs -
BBA with PGDAM and MBA: The NIS Academy and acquiring a much valued MBA
degree, which will further improve their employability options. Designed to be
different from similar courses, The NIS Academy's BBA with PGDAM offers the
students a formal degree recognised by UGC, coupled with skills that are valued
by corporates. Students have the distinct advantage of acquiring this dual
qualification in just 3 years. On completion of the program, students get
placement assistance from the academy with leading organisations.
Alternatively, the students have the option of staying with The NIS Academy and
acquiring a much valued MBA degree, which will further improve their
employability options.
Presently NIS Sparta is successfully running its academies in the cities of
Delhi, Kolkata, Jaipur, Bhubaneshwar, Chandigarh, Kanpur and Lucknow
Services
NIS Sparta offers a
comprehensive set of training and learning services, enabling Performance
Delivery of Business Critical Results to organizations, thus helping them
deliver the best value to their customers.
Their services include:
Training Need Analysis
They use a proprietary methodology called concern validation study to identify
training needs
Learning Content Development
At their Corporate research center we continuously research and develop
training content
Induction Training
They offer 80 hrs and 120 hrs induction training for front line executives in
the ITeS sector
Skills Training
A major part of the training that we impart is for enhancing skills in sales,
customer service and business.
Class room Training
They provide interactive class room training using role plays, case studies,
games and exercises
Field Coaching
They provide field coaching services in both sales and services
Outdoor and
Adventure Based Training
The outdoor and adventure based training range from rafting, rappelling,
mountain climbing, jeep rallies, crazy olympics to military simulation using
guns that fire paint balls
Audio and Video Based Training
Using audio and video outputs, we demonstrate how to do or not do an activity
Techno-Behavioural Training
The training we provide includes technical and behavioural content as required
by the client. A case in point is the IRDA Insurance training where 60% of the
content is technical and 40% is behavioural.
Certification
Several of their solutions involve training and coaching at intervals. These
are tied together by a certification from The NIS Academy
Benchmarking
Benchmarking against the best in the industry and best in the class is often a
pat of the CVS ( concern validation study)
Measurements
Measurements are done at various levels – feedback on the programme and
faculty, assessment of what was learnt, assessment of what was applied at work
and finally the output such as increase in sales, productivity, customer
satisfaction etc
Profiling
and Profile Matching
Using tools such as My Selling Skills, My Service Orientation and Insight into
Behaviour, we do profiling for recruitment and people development
Employee
Education
In a few organizations with a high requirement of knowledge, we undertake
employee education which is tied up with certification. This is usually used
for employee retention.
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.44.21 |
|
UK
Pound |
1 |
Rs.87.48 |
|
Euro |
1 |
Rs.57.23 |
SCORE &
RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
46 |
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 |
|