MIRA
INFORM REPORT
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Report Date : |
20.06.2007 |
IDENTIFICATION DETAILS
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Name : |
AISHLONI COPPER ALLOYS PRIVATE LIMITED |
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Registered Office : |
502, Chartered House, Dr. C H Street, Marine Lines Church Lane, Mumbai
400 002, Maharashtra |
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Country : |
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Date of Incorporation : |
13.03.2000 |
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Com. Reg. No.: |
124867 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Manufacturers of Copper and Copper Alloy Products. |
LOCATIONS
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Registered Office : |
502, Chartered House, Dr. C H Street, Marine Lines Church Lane, Mumbai
400 002, Maharashtra, India |
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Tel. No.: |
91-22-3291 8920 / 3249 6277 |
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Fax No.: |
91-22-2209 5771 |
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E-Mail: |
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Website: |
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Factory : |
Shed No. 9 /10, Rudana Industrial Estate, Rudana Village, Khanvel,
Silvassa 396 230, U. T. of Dadra and Nagar Haveli |
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Tel. No.: |
91-260-3296934 / 2677923 |
DIRECTORS
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Name : |
Mr. Sunil Mardia |
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Designation : |
Director |
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Name : |
Mr. Nitin Rathod |
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Designation : |
Director |
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Name : |
Mr. Alpesh Raval |
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Designation : |
Director |
BUSINESS DETAILS
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Line of Business : |
Manufacturers of Copper and Copper Alloy Products. |
GENERAL INFORMATION
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Suppliers : |
v
Gao Xin Zhangtong Limited Import v
M M Enterprises Import v
Met v
Metal Gems v
Ponsankar Exports Import v
S R Metals Import v
Salasar Copper Silvassa v
Samyak International Thane v
SPM Metal Recycling SDN, BHD Import v
Sterlite Industries ( v
Trishul Metal Industries Limited Rajasthan v
Vijay Industries - Umbergaon |
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Customers : |
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ABB Limited, v
Alfa Laval ( v
Amba Industries v
Air Liquide Philippines Inc. v
BOC India Limited v
Beam Industries Engineers v
Blue Star Limited v
Chandek Brothers v
Dalal Mckenna Private Limited v
DCM Engineering Products v
Dhaval Electromech Industries - Ahmedabad v
EMA India Limited, v
Ellora Time limited, v
G S Radiators Limited v
Gajanan Engineering Works v
Hindustan Aeronautics limited v
ITI Limited, v
Johns Electric Company Private Limited v
KVK Corporation
- Mumbai v
Meera and Ceiko Pumps Private Limited,
Secunderabad v
New Bombay Ispat Udyog Private Limited, Mumbai v
Premier Quality Systems Private Limited, Vasai v
Quality Construction Company v
Siemens Limited v
Shetkari Sahakari Sakhar Karkhana Limited,
Killari v
Stainless India Limited, v
Unique Piped Gas v
Vittesse Limited v
Vishwas Overseas v
Vikram Sarabhai Space Centre, Thiruvanthapuram v
Varalakshmi Engineering Works, Secunderabad |
GENERAL OBSERVATION
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Reference: |
M/s. Ramesh Kumar Humerlal Jain (Unit II), |
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Name of the
Person |
Mr. Kapil |
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Contact Number |
28013540 |
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Since How Long Known: |
6 years |
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Experience : |
Satisfactory Nothing adverse against Company and Directors. |
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Maximum Limit
Dealt: |
Rs. 3.500 millions against L/C Clean Credit upto Rs. 1.000 million |
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Reference: |
M/s. Metal Min Tubes |
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Name of the
Person |
Mr. Hegde |
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Contact Number |
2818 5857 / 2818 1894 |
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Since How Long
Known: |
3 years |
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Experience : |
Satisfactory Timely payments received. |
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Maximum Limit
Dealt: |
Small amount involved. |
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Reference: |
M/s. Anubhav Udyog , |
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Name of the
Person |
Mr. Anubhav Rastogi |
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Contact Number |
91-9845119307 |
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Since How Long
Known: |
3 years |
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Experience : |
Payments Regular |
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Maximum Limit
Dealt: |
Small Amount involved. |
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 Intl
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 companys 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. 40.70 |
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1 |
Rs. 80.80 |
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Euro |
1 |
Rs. 54.65 |
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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