MIRA INFORM REPORT

 

 

Report Date :

27.03.2007

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Maximum Credit Limit :

--

 

 

Status :

Closed Down

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

GENERAL OBSERVATIONS

 

v      Subject Company has been closed down since about 1 year.

 

v      Address provided in the inquiry was a leased flat and has been returned to the owner.

 

v      The above details were confirmed by Mr. K. N. Muralidharan, one of the partners of the concern.

 

v      It view of the above, subject can be ignored for any business dealings.

 

v      We are enclosing herewith a database report on the subject.

 

 

 


 

 

 

Report on

techno impex

 

 

Registered Office

1090, A R Complex, EVR Periyar High Road, Flowers Road, Chennai – 600 084, Tamilnadu, India

 

 

Tel. No.

91-44-2532 1361

Cell No.

98410 15591

Fax No.

91-44-2532 1338

E-Mail

 

Website

 

Telex

 

 

Head office

 

1090, A R Complex, EVR Periyar High Road, Flowers Road, Chennai – 600 084, Tamilnadu, India

Tel. No. 91-44-2532 1361

Cell No. 98410 15591

Fax No. 91-44-2532 1338

 

FACTORY

 

Not Applicable

 

Warehouse / godown

 

A 2, Pushpa Apartments, 18, Pushpa Nagar, Main Road, Chennai – 600 034, Tamilnadu

 

BRANCH

 

Nil

 

HISTORY

 

Subject was established in the year 1980 at Chennai in Tamilnadu as a partnership concern.

 

LEGAL FORM

 

Subject is a partnership concern with an unlimited liability of the partners.

 

PARTNERS

 

Mr. K. N. Muralidharan

Partner

Mr. Aneez Aahmed

Partner

 

BUSINESS

 

Subject acts as importers of shoe making machinery for the Indian manufacturers.

 

Currently, it has been also importing and selling Torielli make of machines from Italy for a long time.

 

Subject is importers of shoe making machinery for the Indian manufacturers. Now, they have been importing and selling Torielli make of machines from Italy for a long time. The company themselves suggested that they represent them in India and a new firm was formed called Torielli Rag Petro and C S P A to import the machinery from the parent company and service any customers enquiring about their products. Subject is another firm run by Mr. Muralidharan and Mr. Aneez Ahmed that takes care of the marketing of Torielli products. These gentlemen represent the parent firm in the name of Torielli Rag and Petro C S P A and sell their products under the name of Techno Impex. The company supplies the machinery under a special price to them and the difference in the cost and selling price is their profit. The company also pays them for representing them. The office at Nugambakkam which we visited is their godown and a double bed room ground floor apartment in a very decent residential locality. Their main office is right in the Leather market of Chennai on EVR Periyar road very near Periamet.

 

It does not export.

 

Subject employs around 20 persons in its’ set up.

 

Subject operates from caption office premises situated in a commercial area. Caption warehouse premises located on ground floor, situated in a residential area.

 

SISTER CONCERNS

 

Ø       Torielli Rag Petro

Ø       C S P A

 

Activity : Imports machinery from parent company (Torielli – Italy)

 

BANKERS

 

Ø       Indian Bank, Nugambakkam Branch, Chennai – 600 034, Tamilnadu

 

FINANCIAL INFORMATION

 

 [Figures are in Rupees Millions]

PARTICULARS

 

31.03.2002

31.03.2001

31.03.2000

Capital Investment

0.400

NA

NA

 

 

 

 

Annual Turnover (In Average)

About 6.000

About 6.000

About 6.000

 

Note : Sole Proprietory and Partnership concerns are exempted from divulging their Balance Sheet and Profit & Loss Account figures. Hence, it could not be available.

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions