MIRA
INFORM REPORT
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Report Date : |
23.01.2007 |
IDENTIFICATION DETAILS
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Name : |
LINKS
INTERNATIONAL |
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Registered Office : |
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Country : |
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Financials (as on) : |
31.03.2005 |
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Date of Incorporation : |
1984 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
MUML00903A |
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PAN No.: [Permanent
Account No.] |
AAAFL2376G |
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Legal Form : |
Partnership
concern with unlimited liability of all the partners. |
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Line of Business : |
The concern is FIATA and IATA approved Forwarding, Shipping and Airfreight Agent. It provides services such as Freight Forwarding, Shipping, Maritime, Transportation by Road/Rail, Transportation by Sea/Air combined service, AirFreight, Warehousing and Multimodal Transport. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Maximum Credit Limit : |
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Status : |
Satisfactory
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Payment Behaviour : |
Usually
correct |
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Litigation : |
Clear |
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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 consitions. |
LOCATIONS
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Registered / Head Office : |
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Tel. No.: |
91-22-66361818 |
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Fax No.: |
91-22-22044802
/ 22870696 / 22043109 |
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E-Mail : |
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Website : |
DIRECTORS
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Name : |
Mr
Shashi Tanna |
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Designation : |
Partner |
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E-Mail: |
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Name : |
Mrs M
S Tanna |
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Designation : |
Partner |
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Name : |
Mr
Keshav Tanna |
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Designation : |
Managing
Partner |
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E - Mail : |
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KEY EXECUTIVES
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Name
: |
Mr
Keshav R Tanna |
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Designation
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Managing
Partner |
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Age: |
52
years |
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Qualification: |
B Com,
LLB, Diploma in Business Management. |
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Experienced: |
30
years |
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E-Mail: |
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Name
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Mr
Mrunal Tanna |
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Designation
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General
Manager International Business |
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E-mail |
mrunal.tanna@linksin.com |
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Name
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Ms
Sonal Parpani |
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Designation
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Manager
Consolidation – Exports |
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E-mail |
sonal.parpani@linksin.com |
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Name
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Mr
Caroline D’souza |
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Designation
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Executive
Consolidation - Exports |
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E-mail |
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Name
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Mr
Surjith Singh |
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Designation
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Export
consol – Assistant |
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E-mail |
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Name
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Mr
Satish Khatate |
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Designation
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Export
Department – Supervisor |
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E-mail |
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Name
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Mr
Yogesh Jawale |
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Designation
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Export
Department – Assistant |
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E-mail |
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Name
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Ms
Mini Joseph |
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Designation
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E-mail |
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Name
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Mr
Anil Shah |
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Designation
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Manager
International Accounts – Seafreight |
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E-mail |
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Name
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Ms
Mahalakshmi |
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Designation
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Import
Consol – Assistant |
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E-mail |
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Name
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Ms
Swetha Kanchan |
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Designation
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International
Division – Import Accounts |
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E-mail |
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Name
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Mr
Anil Jacob |
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Designation
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International
Division – Export Accounts |
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E-mail |
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Name
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Mr
Paresh Sawant |
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Designation
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Sales
Executive |
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E-mail |
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Name
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Mr. Sudhir
Parte |
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Designation
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Manager
International Accounts – Airfreight |
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E-mail |
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Name
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Ms. Bhavika
Parpani |
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Designation
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Executive Air
Freight- Exports |
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E-mail |
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Name
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Ms. Monica
D'souza |
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Designation
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Executive Air
Freight – Imports |
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E-mail |
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Name
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Ms. Lata
Khadye |
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Designation
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Assistant
Manager Air Freight – Accounts |
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E-mail |
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Name
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Ms. Anuprita
Parkar |
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Designation
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Assistant
Executive Air Freight – Imports |
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E-mail |
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Name
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Ashwan Shetty
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Designation
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Assistant
Executive Air Freight – Exports |
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E-mail |
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Name
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Mr. Sharad Ijare |
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Designation
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Manager EDP – SeaFreight |
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E-mail |
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Name
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Mr. Jitesh Mehta |
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Designation
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Manager EDP – AirFreight |
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E-mail |
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Name
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Mr. Yugandhar Naik |
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Designation
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Asst. Manager EDP –
SeaFreight |
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E-mail |
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BUSINESS DETAILS
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Line of Business : |
The concern is FIATA and IATA approved Forwarding, Shipping and Airfreight Agent. It provides services such as Freight Forwarding, Shipping, Maritime, Transportation by Road/Rail, Transportation by Sea/Air combined service, AirFreight, Warehousing and Multimodal Transport. |
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Products : |
Services
of the company
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GENERAL INFORMATION
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No. of Employees : |
180 |
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Bankers : |
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Standard Chartered Grindlays Bank Limited, M -
Bank National De Paris, |
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Banking Relations : |
Satisfactory |
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Sister Concern: |
- Links Cargo Agencies Private Limited - Links Shipping Agencies Private Limited - Oceanlinks Agencies Private Limited |
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Membership: |
- - IATA approved Air Cargo Agents Licensed MTO
Agents (Issued by the Government of - Associate Members of FIATA - Members of the |
CAPITAL STRUCTURE
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Capital
Investment : |
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Owned : |
Rs
3.500 Millions |
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Borrowed : |
N.A. |
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Total : |
Rs
3.500 Millions |
FINANCIAL DATA
[all figures are in Rupees Millions]
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Particulars |
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Estimated 31.03.2006 |
31.03.2005 |
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Sales Turnover |
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100.000 |
90.000 |
LOCAL AGENCY FURTHER INFORMATION
HISTORY
Subject was established in the year 1984 at
Mumbai in
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Set up in 1984, the subject have carved out a
reputation for ourselves as highly reliable forwarders. Over the years we
have sailed smoothly, connecting various ports with our wide spectrum of
personalised Services, which include Freight Forwarding, Shipping, Maritime
Transportation, Road / Rail Transportation, Sea / Air combined service, Air
Freight, Warehousing, Multimodal Transport and scores of other services which
makes life easier and a lot more profitable for every client. With a network of offices in India and our
representatives World Wide, subject has monitor the shipment at every stage
till it is delivered at the clients door-step applying the 'Door-to -Door'
concept to Freight Forwarding. |
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We have excellent relationships with all major airlines to ensure that
your cargo flies on time.
- Worldwide Consolidation Services.
- Expediting / Vendor Management.
- Export packing in-house
- Documentation specialists
- Track and Trace System
- Door-to-Door Express Products.
- Competitive Rates
The Sky Is The Limit
Our air freight department is linked to all our activities in LINKS for
general cargo as well as perishable cargo. Your perishable and general cargo
are in safe hands, from the moment of collection until delivery at destination.
Each commodity is linked to its proper Warehouse System, being cold storage or
dry storage. This goes for the imported as well as exported air cargo.
We are I.A.T.A licensed air cargo agents: with access to every Air
carrier, we can work out the quickest and most ecnomical route for your
product. We organize our own consolidations to many Destinations, thus sharing
the benifits of better volume/ cost ratio.
World Wide Agency Network
Our agents, spread all
over the world, face a thorough selection procedure before we consider them fit
to be part of our network they have to prove that they are like us specialist
in handling perishable air cargo as well as general cargo.
Salient Features
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IATA approved Air Cargo Agents |
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- Licensed Custom House Agent/Broker (CHA) |
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- Associate members - FIATA |
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- Active member - Air Cargo Agents Association of India |
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- Member - |
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- Licensed Multimodal Transport Operator (M.T.O) |
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- Approved Breakbulk Agent |
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Acceptance of Goods The process of receiving a consignment from a consignor, usually
against the issue of a receipt. As from this moment and on this place the
carrier's responsibility for the consignment begins. Act of God Accidents of a nature beyond human control such as flood, lightning or
hurricane usually quoted as 'force majeure'. Ad Valorem In proportion to the value: A phrase applied to certain freight or
customs duties levied on goods, property, etc. set as a percentage of their
value. Advice Note A written piece of information e.g. about the status of the goods. Agency Fee Fee payable by a shipowner or ship operator to a port agent. Agent A person or organisation authorised to act for or on behalf of another
person or organisation An Agent is a corporate body with, which there is an agreement to
perform particular functions on behalf of them at an agreed payment. An Agent
is either a part of the organisation or an independent body. Air Waybill Abbreviation: AWB Allotment A share of the capacity of a means of transport assigned to
a certain party, e.g. a carrier or an agent, for the purpose of the booking
of cargo for a specific voyage A share of the capacity of a means of transport assigned to a certain
party, e.g. a carrier or an agent, for the purpose of the booking of cargo
for a specific voyage. American Bureau of Shipping Abbreviation: ABS Arbitration The process of referring to an agreed person for judgement on issues
of dispute, without requiring the use of courts. Arrival Date The date on which goods or a means of transport is due to arrive at
the delivery site of the transport. Arrival Notice A notice sent by a carrier to a nominated notify party advising of the
arrival of a certain shipment or consignment. Assignment The transfer of certain rights from one party to another. Authorised Consignee / Consignor A trader authorised by the European Commission (regulation 2454/93) to
receive or despatch consignments under transit procedures without having to
present goods and documents directly at the customs office. Authorization The commission to a certain person or body to act on behalf of
another person or body. The person or body can be authorised e.g. to issue
Bills of Lading or to collect freight. Average In marine insurance: a loss or damage to or in respect of goods or
equipment Average Adjusters In general average affairs average adjusters are entrusted with the
task of apportioning the loss and expenditure over the parties interested in
the maritime venture and to determine which expenses are to be regarded as
average or general average. |
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HEAD
OFFICE
Mumbai
(
Union
Co-op. Insurance Bldg., 23, Sir P.M.Road,
Tel : 91-22-6636 1818
Fax : 91-22- 2204 4802 / 2287 0696 / 22043109
E-mail :info@linksin.com
Website : www.linksin.com
Mumbai
(
122,
Adarsh Industrial Estate,
Near
Godfrey Phillips Chakala,
Andheri
,
Tel
: 91-22- 6697 8370 / 6695 7997 / 6695
7998 / 2838 2574
Fax :91-22-2836 4465 / 2838 2575
E-mail : linksair@linksin.com
Cell No :
91-98670
01901
Operations
(
204,
Jayant Apartment,
Andheri
( E ),
Tel
: 91-22-2834 9769 / 2836 7892 / 2838 4101
Fax :
91-22-2838
4102
J.N.P.T. (
Office
No.706,
Near
Cidco Office Complex,
Sheva,
Navi Mumbai - 400 707.
Tel
: 91-22-2747 0198 / 2747 1488 / 2747 1901
Fax : 91-22-2747 2801 / 2747 1092
E-mail : linksjnpt@linksin.com
Cell No :
91- 98670
01887
BRANCH
OFFICES
Ahmedabad
- AMD
508, Golden
Triangle, 5th Floor,
Tel
: 91-79-6560923 / 55458527 / 55458497
Fax :
91-79-26562214
E-mail : linksabd@vsnl.net
Cell No :
91-9898083376
203, World Trade Centre,
Sayajigunj, Vadodara - 390 005
Tel : 91-265-2362326 / 2363158
Fax : 91-265-2361157
Contact Person : Mr. Balakrishnan
Cell N0:91-9898036919
1F Everest, 46C
Kolkata 700 071
Tel : 91-33-22883468 / 69 / 70
Fax : 91-33-22882360
Contact Person : Mr Vijay Veragiwala
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Chennai ( 15, S.M. Plaza (Basement), 93 (Old No.45). Tel : 91-044-25221819 / 25232119 / 25245023 Fax : 91-044-25230286 Contact :Mr. Giridharan Cell No: 91- 9840989756 24/509,
Tel : 91-484-2667119 / 2667053 Fax : 91-484- 2667053 E-mail :linkscochin@linksin.com Contact : Mr.E.K.Natesan |
810,
Tel : 91-11-26226924 / 26488387 / 26488386
Fax :
91-11-41608386 / 41608387
E-mail :linksdelhi@linksin.com
Contact : Mr.Rohit
Seth / Mr. Bhup Kumar
Cell No : 91- 9811300395
310,
3rd Floor, A-103, Road No.4
Mahipalpur
Extn.,
Tel : 91-1126783562
/ 55450387
Fax : 91-11-26783653
E-mail : ajay.bhatt@linksin.com
Contact : Mr.
Ajay Bhatt
Cell No :91-9811400395
Shop
No. 17 , 2nd Floor, Hardy Complex,
Opp. Cherms Secunderabad - 500 003
Tel: 91-40-55326137 / 55326138 / 55326183
Fax: 91-40-55326139
E-mail : linkshyderabad@linksin.com
Contact : Mr. Sista
Cell No : 91-9849229587
310,
A, City Centre,
570,
Tel: 91-0731-2435970
/ 2538848
Fax : 91-0731-55326139
E-mail : linksindore@linksin.com
Contact : Mr.
Rahul Rajvaidya
Cell No : 91-9827021973
B - 13
Opp. All
Jaipur - 342 001
Tel : 91-41-2377607 / 2379512 /2369121
Fax : 91-41-2369632
E-mail : linksjaipur@linksin.com
Contact : Mr.
Vikram
Cell No : 91-9829067607
Flat No.306,Osha Apartments,
9 - Surya Colony, residency Road,
Tel:
91-291-2305722
E-mail : linksjaipur@linksin.com
Contact :
Mr. Inderjit
102/103
Anam Commercial Centre
Plot
No. 37, Sector No. 9,
Gandhidham,
Kandla - 370 021
Tel : 91-2836-232284
Fax : 91-2836-55207
E-mail : linkskandla@linksin.com
Contact : Mr.
Mukherjee
209,
City Centre, 2nd Floor,
63/2,
The Mall,
Tel : 91-512-2330129 / 2306898 / 2330091
Fax: 91-512-2330130
E-mail : linkskanpur@linksin.com,
Contact : Mr. Adnan
Khan
Cell No: 91-9935142481
Tel: 91-161-511482 - 6 / 511495
Fax: 91-161-511489 /
511493
E-mail : linksludhiana@linksin.com
211/A Lokmat Bhavan,
2nd Floor, Ramdas Peth,
Tel : 91 - 712 - 528531
Fax : 91 - 712 - 549066
E-mail : linksnagpur@linksin.com
Contact : Mr.
Ravindra
W-63/A, MIDC,
Ahmad,
Tel : 91-253 - 2381540 / 2381395 / 2381396
Fax : 91-20 - 27474761
E-mail : linksnasik@linksin.com
Contact : Mr.
Sibi Joseph
Cell No : 91-9822097660
Office
No.23, 1st Floor,
Pune
- 411 019
Tel : 91-20 - 27471434 / 27462377
Fax : 91-20 - 27474761
E-mail :linkspune@linksin.com
Contact :Mr.
Sesha Sahai
Cell No: 91-9822027989
402,
Opp. Kinnery Cinema,
Tel: 91 -
261 - 2336272 / 2336273
Fax : 91 - 261 - 2336274
E-mail :linkssurat@linksin.com
Contact : Mr.
Balan
Cell No : 91-9824112874
CEE YEE Buildings
A-1 World Trade Centre , Port Estate,
Tuticorin - 1
Tel : 91-461 - 2354111 / 2354222
Fax : 91-461 - 2353222 / 2353444
E-mail : linkstuticorin@linksin.com
Contact : Mr.
Prakash
Cell No : 91-9843072455
G/3 , Tirupati Balaji Complex,
Panchwati,
Tel : 91-294 - 524932
Fax : 91-294 - 524493
E-mail : linksudaipur@linksin.com
CMT REPORT [Corruption, Money laundering & Terrorism]
The
Public Notice information has been collected from various sources including but
not limited to: The Courts,
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.44.23 |
|
|
1 |
Rs.87.56 |
|
Euro |
1 |
Rs.57.61 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
6 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
54 |
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 |
|