MIRA
INFORM REPORT
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Report Date : |
20.07.2007 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Survey No.: 25 / 1 / 3, Balevadi, Tal.: Haveli, Pune – 411045, |
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Country : |
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Date of Incorporation : |
1986 |
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Line of Business : |
Educational Institute |
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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Satisfactory |
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Status : |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is a well established and reputed educational institute.
Management is experienced and respectable personal. Trade relations are
reported as fair. Payments are reported as usually correct and as per
commitments. The institute can be considered good for normal business dealings at
usual trade terms and conditions. |
LOCATIONS
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Registered Office : |
Survey No.: 25 / 1 / 3, Balevadi, Tal.: Haveli, Pune – 411045, |
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Tel. No.: |
91-20-27290500 |
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Fax No.: |
91-20-27290500 |
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E-Mail : |
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Website : |
DIRECTORS
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Name : |
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Designation : |
Director |
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Address : |
C P7 – A, |
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Tel No. |
91-20-27143320 |
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E – Mail: |
BUSINESS DETAILS
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Line of Business : |
Educational Institute |
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GENERAL INFORMATION
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Bankers : |
Not Available |
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Banking
Relations : |
-- |
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CAPITAL STRUCTURE
Not Available
FINANCIAL DATA
[all figures are
in Rupees Millions]
Not Available
LOCAL AGENCY FURTHER INFORMATION
Website Details Attached
About College:
Genba Sopanrao Moze Trust was established in the year 1986 at Yerwada.
This was the first private institution in this area. Shri Rambhau Moze the
founder President of the trust after having seen the plight of the socially and
economically underprivileged class of this area dedicated himself for the up
lift and emancipation of the down trodden class. His first priority was
to empower them with wholesome education. Yerawada was chosen as the nerve
centre of activity which needed progress in the educational field. As a result
of his dedicated and tireless effort the Trust was successful in starting a
large number of Educational Institutions in and around Yerawada
LOCATION
The
college campus is sprawled over 10 acres of land in the picturesque
surroundings of Balewadi adjoining the Chatrapati Shivaji National Stadium
astride the National Highway and close to the Hinjawadi InfoTech Park. Far from
the pollution and congestion of the city , the college offers the best surroundings
for academic pursuit. It is well connected by public transport system to all
important locations in and around Pune. In addition, for the convenience of our
students, College bus is running service to different locations which cover all
the important routes. Thus for daily commuting no student will experience any
problem.
INFRASTRUCTURE
The
complete infrastructure required for the College was created in a record time
span of just three years. Now the Campus is fully developed and well established,
with all the amenities for students for their academic pursuit extra
curricular activities, sports and hobbies. The College is accommodated in
three multi storied buildings having more than 1, 25,000 Sq Ft of built up area
.This is in excess of all the norms laid down by the AICTE .A third building
of 50,000 Sq Ft is coming up in the campus and is expected be complete by
June 2004.A spacious Workshop Complex of 10,000 Sq Ft area is an added
attraction to the aspirants of the Mechanical Discipline. The beautification of
the Campus is in full swing and when completed it will come up as a picturesque
Campus.
Department
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Electronics & Telecommunication
Engineering
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Civil Engineering
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Electrical Engineering
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Information Technology
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Physics
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Chemistry
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Mathematics
ADVISORY BOARD
˛ Prof B.L. Singhal
˛ Prof. S.N. Satpute
˛ Prof. Rashmi
Tourier
˛ Prof Ambika Shelke
˛ Dr. Usha Barsode
˛ Prof
P.S. Singh
Courses offered
Undergraduate Courses
Presently the College
offers Four Under Graduate Courses in Engineering as given below, with a total
intake capacity of 300 students.
·
Computer
Engineering
: 90 seats
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Electronics & Telecom Engg : 90 seats.
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Mechanical
Engineering :
60 seats
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Information
Technology : 60
seats
Post Graduate Courses
The Following Post Graduate
Courses are offered with total intake capacity of 120 students
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Master of Business Administration
: 60 seats
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Master of Computer
Applications : 60 Seats
The college is affiliated
to
Facilities:
ADMISSION TO
NEXT HIGHER YEAR
Admission to Next
higher year is automatic provided he/she satisfies the requirement of term work
and have appeared for all the examinations.
- All Students
should take provisional admission to next higher year on reopening of the
College after every even semester and they should pay the College fee as
notig\fied within the prescribed time limit.
- Since there
will be a large time gap between the announcement of the results and the
beginning of the d\session students are not wait for the results. All
students at\re to pay the fees and take admission in the next higher year.
In the unfortunate event of any student failing to get ATKT then the
student can withdraw and get his fees refunded.
However no student
will be permitted to wait till the results are announced and then take
admission. Students who fail to take admission by paying the fees within the
prescribed time will be heavily penalized.
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 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.40.33 |
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1 |
Rs.82.63 |
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Euro |
1 |
Rs.55.65 |
SCORE & RATING EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
6 |
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PAID-UP CAPITAL |
1~10 |
6 |
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OPERATING SCALE |
1~10 |
6 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
7 |
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--PROFITABILIRY |
1~10 |
5 |
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--LIQUIDITY |
1~10 |
6 |
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--LEVERAGE |
1~10 |
6 |
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--RESERVES |
1~10 |
6 |
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--CREDIT LINES |
1~10 |
6 |
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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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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
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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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