MIRA
INFORM REPORT
|
Report Date : |
30.03.2007 |
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 |
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Maximum Credit Limit : |
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|
|
Status : |
Undetermined |
GENERAL
OBSERVATIONS
- The concern
appear to be non-operational and also lost dealership of Mahindra and
Mahindra for tractors
- However, we
had database report which was prepared in Oct.2001 enclosed herein.
- We are trying for more information and if available it will follow soon.
IDENTIFICATION
DETAILS
|
Name : |
PRASHANT MOTORS |
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Registered Office : |
Old Jewargi Road, Gulbarga - 585101, Karnataka |
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Country : |
India |
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Financials (as on) : |
31.03.2001 |
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Date of Incorporation : |
1998 |
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Legal Form : |
Partnership Concern with unlimited liability of the partners. |
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Line of Business : |
Selling Servicing and Spares of Mahindra and Mahindra Tractors |
LOCATIONS
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Registered Office : |
Old Jewargi Road, Gulbarga - 585101, Karnataka, India. |
|
Tel. No.: |
91-8472-38317/52853 |
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Mobile No.: |
91-9844095651 |
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Fax No.: |
91-8472-52853 |
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E-Mail : |
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Website : |
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Area : |
Medium sized |
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Location : |
Rented |
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Workshop : |
Old Jewargi Road, Gulbarga - 585101, Karnataka, India. |
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Area : |
Medium sized |
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Location : |
Rented |
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Branches : |
Hunsgi - 585 215, Karnataka, India |
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Branches : |
Shahapur – 585 223, Karnataka, India |
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Branches : |
Yadgiri, Karnataka |
PARTNERS
|
Name : |
Mr. P Krishnabhat (Father) |
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Designation : |
Managing Partner |
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Date of Birth/Age : |
69 years |
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Qualification : |
Matriculate |
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Experience : |
45 years |
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Name : |
Mr. P Vidyadharbhat (Son) |
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Designation : |
Partner |
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Date of Birth/Age : |
38 years |
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Qualification : |
Commerce Graduate |
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Experience : |
15 years |
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BUSINESS DETAILS
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Line of Business : |
Selling Servicing and Spares of Mahindra and Mahindra Tractors |
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GENERAL
INFORMATION
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Customers : |
Farmers and Contractors |
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No. of Employees : |
Total:31(19:Head Office; 12:Branch Premises) |
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Bankers : |
Karnataka Bank, Gulbarga, Karnataka Tel No: 91-8472-269354 / 231210 |
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Facilities : |
The concern enjoy overdraft facility upto Rs.2.00 millions |
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Banking
Relations : |
-- |
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Associates/Subsidiaries : |
Prashanth Lodge, Gulbarga, Karnataka Hotel Business Prashant Computer, Gulbarga, Karnataka Authorised Training Centre of Tata Infotech |
CAPITAL STRUCTURE
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Capital Investment : |
31.03.2001 |
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Owned : |
About 4.500 |
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Borrowed : |
-- |
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Total : |
About 4.500 |
FINANCIAL DATA
[all figures are in Rupees Millions]
|
Particulars |
|
31.03.2001 |
31.03.2000 |
|
Sales Turnover |
|
About 50.000 |
About 45.000 |