MIRA
INFORM REPORT
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Report Date : |
14.11.2007 |
IDENTIFICATION
DETAILS
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Name : |
ARYA COMMUNICATIONS AND ELECTRONICS SERVICES PRIVATE LIMITED |
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Registered Office : |
29, Bank Street, Fort, Mumbai 400 001, Maharashtra |
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Country : |
India |
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Financials (as on) : |
31.03.2006 |
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Date of Incorporation : |
24.02.1988 |
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Com. Reg. No.: |
11-46320 |
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CIN No.: [Company
Identification No.] |
U74140MH1988PTC046320 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
MUMA08742G / MUMA18960E |
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Legal Form : |
Private Limited Liability Company. |
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Line of Business : |
The company is engaged in to carry on in India and elsewhere the business, profession or vocation of industrial, mechanical, electrical and electronic communication system consultants, advisors and to investigate into the prospects of development, maintenance, renovation, replacement or renewal of any industrial, mechanical, electrical and electronic communication engineering words, factory or organisation and to undertake collection and preparation of relevant statistics, information and data into supply and transport of raw materials, labour, concessions, import/export, and foreign exchange, custom and taxation regulations affecting any such industrial or engineering project. |
RATING &
COMMENTS
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MIRAs Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Maximum Credit Limit : |
USD 182000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is a well established company having fine track. Directors are
reported as experienced, respectable and resourceful businessmen. Their trade
relations are fair. Financial position is good. Payments are reported as
correct and as per commitments. The company can be considered good for normal
business dealings at usual trade terms and conditions. |
LOCATIONS
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Registered Office : |
29, Bank Street, Fort, Mumbai 400 001, Maharashtra, India |
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Tel. No.: |
91-22-2831 2850 to 54/ 22663844 |
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Fax No.: |
91-22-2831 3428 / 30 |
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E-Mail : |
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Website : |
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Location : |
Leased |
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Head Office : |
12/A, Karmayog Building, Parsi Panchayat Road, Andheri (East), Mumbai 400 059, Maharashtra, India |
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Tel. No.: |
91-22-28312850 TO 55 |
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Fax No.: |
91-22-28313428 / 30 |
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E-Mail : |
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Website : |
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Location : |
Leased |
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Showroom : |
Sonavala Building, 30, S. Bhagat Singh Marg, Opp. Old Customs House, Mumbai 400 023, Maharashtra, India |
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Tel. No.: |
91-22-22663242 / 43 / 22264114 |
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Fax No.: |
91-22-22663253 |
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Overseas Offices : |
Located at: USA (Arizona) |
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Service Centers : |
· Sarvodaya, 70-A, Nehru Road Extension, Vile Parle (East), Mumbai 400099, Maharashtra Tel. No. 91-22-26172494-98 Fax. No. 91-22-26113699 · 3rd Floor, Kalindi Building, Opp. Loha Bhavan, Old Highs Court Lane Road, Ashram Road, Ahmedabad 380009, Gujarat Tel. No. 91-79-27546081 Fax. No. 91-79-27542107 · 2B, Block, Kolandapda Garden, Anepalya Adugodi, Bangalore 560030, Karnataka Tel. No. 91-80-25711734/5713546 Fax. No. 91-80-25715277 · 1/54, Dover Place, Kolkata 700019, West Bengal Tel. No. 91-33-24764877/24765970 Fax. No. 91-33-24764523 · No. 37, Rajaji Salai, Chennai 600001, Tamilnadu Tel. No. 91-44-25229296/25229776 Fax. No. 91-44-25232945 · 214/218, Somdutt Chambers II, 9, Bhikhaji Cama Place, New Delhi 110066 Tel. No. 91-11-26178191/26178722 Fax. No. 91-11-26178277 · Manorama 1-10/98/30, Dwarkadas Colony, Mayri Marg, Bugumpet, Hyderabad 500016, Andhra Pradesh Tel. No. 91-40-27760779/27760766 Fax. No. 91-40-27760735 |
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Branches/ Sales Offices : |
Located at : · 1101-1104, Kasturba Gandhi Marg, New Delhi 110 001 Tel. No. 91-11-23311774 / 1775 / 23723350 / 5690 / 23739958 Fax No. 91-11-23311182 · 17, Brabourne Road, Kolkata - 700 011, West Bengal Tel. No. 91-33-2425525/ 2425496 Fax. No. 91-33-242 5470 · 1/54, Dover Place, Kolkata 700019, West Bengal Tel. No. 91-33-24764877/24765970 Fax. No. 91-33-24764523 · 112/1, 1st Floor, Nafeez Manzil, Broadway, Chennai 600108, Tamilnadu Tel. No. 91-44-25363693/25391210 Fax. No. 91-44-25395996 · 1101/1104, Kailash, 26, K. G. Marg, New Delhi 110001 Tel. No. 91-11-23317352/23722282/23723350/23317320/379 Fax. No. 91-11-23725690 · 104, Industry House, 15 A. B. Road, Old Palasia, Indore 45001, Uttar Pradesh Tel. No. 91-731-2530603/4 Fax. No. 91-731-2530604 · Japari, Pratap Palace Road, Jamnagar 361008, Gujarat Tel. No. 91-288-2553586/2552024 Fax. No. 91-288-2551131 · 12/A, Karmayog, Parsi Panchayat Road, Andheri (East), Mumbai 400069, Maharashtra Tel. No. 91-22-28312850-54 Fax. No. 91-22-28313428 · Plot No. 102, Dasapalla Layout, Door No. 11-8-14, Dasapalla Hills, Vishakhapatanam 530003 Tel. No. 91-891-2567518/9 Fax. No. 91-891-2567514 · 2B Block, Kolandapda Garden, Anepalya Adugodi, Bangalore 560030, Karnataka Tel. No. 91-80-25711734/5713546/25716822 Fax. No. 91-80-25715277 · Manorama 1-10/98/30, Dwarkadas Colony, Mayri Marg, Bugumpet, Hyderabad 500016, Andhra Pradesh Tel. No. 91-40-27760779/27760766 Fax. No. 91-40-27760735 |
DIRECTORS
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Name |
Mr. Naresh Jayantilal Kotak |
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Designation |
Director |
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Address |
Kalpana, 96-B, Netaji Subhash Road, Mumbai 400 002, Maharashtra, India |
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Date of Birth |
27.12.1940 |
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Date of Appointment |
24.02.1988 |
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Name |
Mr. Krishna Bhagwan Kotak |
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Designation |
Director |
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Address |
Kalpana, 96-B, Netaji Subhash Road, Mumbai 400 002, Maharashtra, India |
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Date of Birth |
21st March, 1961 |
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Date of Appointment |
24.02.1988 |
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KEY EXECUTIVES
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Name : |
Mr. Rajen Kaul |
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Designation : |
President and Chief Executive Officer |
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Date of Birth/Age : |
55 years |
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Qualification : |
BE, PGDBM |
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Experience : |
33 years |
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Date of Appointment : |
06.09.1999 |
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Last Employment held : |
NCR Corporation Managing Director |
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Name : |
Tushar Shridharani |
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Designation : |
Company Secretary |
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Address : |
227, Walkeshwar Road, Nabh Smruti, 2nd Floor, Mumbai 400 006, Maharashtra, India |
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Tel. No.: |
91-2-23681604/ 4021 |
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Fax No.: |
91-22-23681604 |
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E-mail : |
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MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
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Names of Shareholders |
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No. of Shares |
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Mr. Naresh J. Kotak |
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20000 |
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Mr. Krishna B. Kotak |
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20000 |
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Equity Share Break-up |
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Percentage of Holding |
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Director or relatives of Directors |
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100.00 |
BUSINESS DETAILS
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Line of Business : |
The company is engaged in to carry on in India and elsewhere the business, profession or vocation of industrial, mechanical, electrical and electronic communication system consultants, advisors and to investigate into the prospects of development, maintenance, renovation, replacement or renewal of any industrial, mechanical, electrical and electronic communication engineering words, factory or organisation and to undertake collection and preparation of relevant statistics, information and data into supply and transport of raw materials, labour, concessions, import/export, and foreign exchange, custom and taxation regulations affecting any such industrial or engineering project. |
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Products : |
+ Two-Way Communication Radio + Pagers + Communication Equipments Spare Parts, Accessories, Components, etc. + Scramblers + Trunk Radios |
GENERAL
INFORMATION
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Customers : |
+ Indian Airlines + Jet Airways + British Airways + Emirates + KLM + Lufthansa + Indian Army + National Thermal Power Corporation + Essar Power + Madras Refineries Limited + Oil India Limited + Reliance Energy + MTPC + Hindustan Petrochemicals Corporation Limited + Central Bank of India + Indian Railways + Apollo Hospital + Tata Memorial, Hospital + Breach Candy, Hospital + Duncans Hospital + Calcutta Medical Research Centre + The Taj Group of Hotels + Merriott + Leela-Kempinsky + Jaslok Hospital + Holiday Inn + National Security Guards + Kandla Port Trust + Vishakhapatnam Port Trust + Nhava Sheva Port Trust + Cochin Shipyard + Bombay Fire Brigade + Department of Posts & Telegraph + Calcutta Electric Supply Corporation + Orissa State Electricity Board + BPL + Hutchison Max (Orange) + Birla AT & T + Pagepoint + L & T Limited + Indian Rayon + Godrej & Boyce + Ashok Leyland Limited + Haldia Petrochemicals Limited + Gammon India Limited + Essar Group + BASF India + Tata Chemicals + Siemens Limited + ACC Limited + Hindalco + Cadbury India Limited + Hindustan Lever Limited + MRF Limited |
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No. of Employees : |
15 |
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Bankers : |
French Bank Building, 62, Homji Street, Mumbai 400 001, Maharashtra, India
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Banking Relations
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Satisfactory |
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Auditors : |
Ambalal Thakkar & Associates Chartered Accountants 6D, Sherbanoo, 6th Floor, 111, Maharshi Karve Road, Churchgate, Mumbai-400020, Maharashtra, India |
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Tel. No.: |
91-22-22015321/ 5404 |
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Fax No.: |
91-22-22092785 |
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E-Mail : |
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Associates : |
+ J. M. Baxi Group |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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300000 |
Equity Shares |
Rs. 100/- each |
Rs. 30.000 millions |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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40000 |
Equity Shares |
Rs. 100/- each |
Rs. 4.000 millions |
FINANCIAL DATA
[all figures are in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
31.03.2006 |
31.03.2005 |
31.03.2004 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
4.000 |
4.000 |
4.000 |
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2] Share Application Money |
0.000 |
0.000 |
0.000 |
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3] Reserves & Surplus |
41.733 |
70.877 |
55.543 |
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
45.733 |
74.877 |
59.543 |
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LOAN FUNDS |
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1] Secured Loans |
23.776 |
12.609 |
8.789 |
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2] Unsecured Loans |
0.000 |
0.000 |
1.834 |
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TOTAL BORROWING |
23.776 |
12.609 |
10.623 |
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DEFERRED TAX LIABILITIES |
0.412 |
0.529 |
1.054 |
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TOTAL |
69.921 |
88.015 |
71.220 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
31.090 |
26.135 |
21.714 |
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Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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INVESTMENT |
0.435 |
0.435 |
0.020 |
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DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.044 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
16.502
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11.499 |
18.634 |
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Sundry Debtors |
96.567
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143.368 |
100.981 |
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Cash & Bank Balances |
12.670
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24.578 |
15.003 |
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Other Current Assets |
0.000
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0.000 |
0.000 |
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Loans & Advances |
59.753
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51.965 |
90.221 |
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Total
Current Assets |
185.492
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231.410 |
224.839 |
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Less : CURRENT
LIABILITIES & PROVISIONS |
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Current Liabilities |
126.055
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139.050 |
142.080 |
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Provisions |
21.041
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30.915 |
33.317 |
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Total
Current Liabilities |
147.096
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169.965 |
175.397 |
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Net Current Assets |
38.396
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61.445 |
49.442 |
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MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
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TOTAL |
69.921 |
88.015 |
71.220 |
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PROFIT & LOSS
ACCOUNT
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PARTICULARS |
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31.03.2004 |
Sales Turnover [including other
income]
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299.836 |
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Profit/(Loss) Before Tax
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14.487 |
Provision for Taxation
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8.483 |
Profit/(Loss) After Tax
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6.004 |
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Export Value
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0.112 |
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Import Value
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68.938 |
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Total Expenditure
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285.348 |
KEY RATIOS
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PARTICULARS |
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31.03.2004 |
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PAT / Total Income |
(%) |
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2.00
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Net Profit Margin (PBT/Sales) |
(%) |
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4.83
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Return on Total Assets (PBT/Total Assets} |
(%) |
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5.87
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Return on Investment (ROI) (PBT/Networth) |
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0.24
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Debt Equity Ratio (Total Liability/Networth) |
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4.14
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Current Ratio (Current Asset/Current Liability) |
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1.28
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LOCAL AGENCY
FURTHER INFORMATION
The Companys Fixed Assets of important value includes:
- Premises at Kutch
- Furniture and Fixtures
- Machineries
- Computers
- Telephone and EPABX
- Air Conditioners
- Photocopy Machines
- Refrigerators
- Colour Television
- Fax Machines
- Office Equipments
- Hot Air Bonder
- Trunk Radios
- Trunking Equipments
- Electronics Equipments
- Test Equipments
- Typewriters
- Pagers Kit/ Pagers
- Survey Equipments
- Modems
- Motor Vehicles
Form 8
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This Form is for |
Modification of charge |
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Charge
identification number of the charge to be modified |
80018009 |
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Corporate
identity number of the company |
U74140MH1988PTC046320 |
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Name of the
company |
ARYA COMMUNICATIONS
AND ELECTRONICS SERVICES PRIVATE LIMITED |
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Address of the
registered office or of the principal place of business in India of the company |
29, Bank Street, Fort, Mumbai 400 001, Maharashtra |
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Type of charge |
Book debts Movable property |
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Particular of
charge holder |
French Bank Building, 62, Homji Street, Mumbai 400 001, Maharashtra, India |
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Nature of
description of the instrument creating or modifying the charge |
Agreement dated
13.11.2006 |
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Date of
instrument Creating the charge |
13.11.2006 |
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Amount secured by
the charge |
Rs. 77.500
Millions |
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Brief particulars
of the principal terms an conditions and extent and operation of the charge |
[a] Rate of
interest Ψ
As notified by
the bank [b] Terms of
Payment repayable on
demand [c] Margin Ψ
As notified
by the bank [d] extend and
operation of the charge Exclusive charge
on stocks and book debts. |
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Short particulars
of the property charged |
Hypothecation of the
all the movable assets of the companys such as raw material, stock in
process, finished goods, goods in transit and other current assets and all
the book debts, outstanding moneys receivables, claims and bills which are
now due, owing or may become due any tome hereafter, collectively the
hypothecated assets and book debts as security by way of first charge basis. |
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Date of latest
modification prior to the present modification |
20.10.2006 |
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Particulars of
the present modification |
By this modification
the funded limit of Rs. 35.000 Millions has been enhanced by Rs. 42.500
Millions to Rs, 77.500 Millions. |
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Name of the company |
ARYA
COMMUNICATIONS AND ELECTRONICS SERVICES PRIVATE LIMITED |
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Presented By |
Saraswat Co-operative
Bank Limited, Andheri (East), Mumbai 400069 |
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1) Date and description of instrument creating the change |
Agreement of Hypothecation of movable
property dated 31.03.2005 |
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2) Amount secured by the charge/amount owing on the securities of charge |
Rs. 11.250 millions |
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3) Short particular of the property charged. If the property acquired
is subject to charge, date of the acquired of the property should be given |
Hypothecation by way of first charge on
all the tangible movable property belonging to the company/s and lying and
being at the Companys place of business and whether now lying at o at any
time hereafter during the continuance of this security be kept at the
Companys place of business or place of works or wherever else the same may
be or be held by any party anywhere to the order and disposition of the
Companys in the course of transit as security for the due payment to the bank
with interest and all costs, charges and expenses incurred by the bank for
the protection, preservation and perfection of this security. |
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4) Gist of the terms and conditions and extent and operation of the
charge. |
The charge operates as a continuing
security for the balance from tome to time due to the bank. Rate of interest : 11.50% p.a. or at such
other rate as may from time to time be fixed by the bank. |
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5) Name and Address and description of the person entitled to the
charge. |
Saraswat Co-operative bank limited Raja Shopping Centre Near Nagardas Road, Andheri (East), Mumbai 400069 |
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6) Date and brief description of instrument modifying the charge |
NA |
|
7) Particulars of modifications specifying the terms and conditions or
the extent of operations of the charge in which modification is made and the
details of the modification. |
NA |
Profile
A business requires prudent planning and impeccable management of its
affairs. Inventory management, logistics, return on investments, costs savings,
bottom lines, crisis management are only some of the concerns. But whatever the
concern, it can be tackled best by effective communication. And when on the
move, communication systems that allow remote instant connectivity can
certainly be a boon.
The wireless communication technology has turned the world into a global
village offering a competitive edge for todays businesses. To stay a step
ahead of your competition you must be reachable to your customers and remotely
connected to your workgroups 24x7, without the slightest impediment. Thats
where a powerful network and the appropriate systems come into play. Only a
company with expertise like Aryacom can design and implement a powerful network
for you by thoroughly understanding your needs and partnering you even after
completion of the project.
Our commitment to you is No matter where you are we make sure you are
connected.
Between the intent to communicate
and the actual communication, sometimes there are barriers that can mar the
successful completion of communication. These barriers impose limitations on
existing systems. They could be physical, technical, technological even
conceptual.
The company expertise starts where the limits of physical communication
end and covers the existing communication systems, seeking to understand and
overcome the barriers by Redefining the
Limits of Communication.
The companys capability covers everything from providing network design
development and feasibility studies to procuring, installing, commissioning and
optimising as well as operating and maintaining communication infrastructure.
Philosophy
The company is constantly expanding the capabilities of existing systems
to their absolute peak of efficiency. In addition, a management philosophy
that's responsive to innovation ensures that the right idea is implemented at
the right time.
In order to satisfy the needs of each customer, the companys involvement in a project can include
everything from planning to surveying and installtion to complete support such
as testing, training, operation, and maintenance.
But that's just the beginning, because the company doesn't recognise
completion of the project once the equipment has been installed. It follows
through with comprehensive hands-on after-sales services. This on-going support
assures the customer of a better system and better service.
Radio Trunking Systems
The company offers worlds most widely accepted, proven and reliable
Motorola Radio Trunking Systems and Subcriber terminals for effective and
efficient communication in different user groups within an organisation. The
company offers both analog and digital trunking systems.
Subject is a part of J. M. Baxi Group of Companies, a leading corporate
providing services in shipping industry since 1917.
Started as a service centre for Motorola 2-Way Radios, subject has
metamorphosed into a preferred provider of products, services and turnkey
solutions for effective and successful communication, round-the-clock, anywhere
and everywhere.
The companys involvement in a project can include everything from
planning to surveying and installation to complete support such as testing,
training, operation and maintenance.
The company provides the following networking solutions :
Optical Networking
Solutions
The company provides total solutions covering design, testing and
installation of all types of optical networks using best of the breed Tellium,
USA make optical switches, NEC, Japan make Dense Wavelength Division
Multiplexing (DWDM), Optical Add / Drop Multiplexes and Universal Node,
etc. It also offers world-class
multi-vendor network management services for fast provisioning, fault location
and monitoring.
Microwave Radio
The company has tied up with NEC, Japan to provide all technical
services for setting up of microwave links in the frequency range of 7-38 GHz
supporting 2 Mbps to 155 Mbps. It also
offers world-class network management services for fast provisioning, fault
location and monitoring, with a user friendly Graphical User Interface.
Last mile
Broadband Link
The company proposes to introduce Free Space Optic Solutions for last
mile broadband connectivity through laser / microwave links.
The company has registered a new Corporation viz. Arya Communications
& Electronics Services, Inc. in New Jersey, U.S.A. In view of recession in U.S.A. market, the
management of the company has decided to cancel the registration of the said
corporation. There was no investment
made in the said corporation.
The companys prime partners are :
+
Motorola Inc, USA
+
Transcrypt, USA
+
Arelnet, Israel
+
NEC, Japan
+
Tellium, USA
+
Zetron, USA
They are proud to
be associated with their esteemed principals / partners
Radio Products
- Motorola Inc
Voice Encryption Device
- Transcrypt
Broadband Wireless Access
- Cambridge Broadband
- Motorola Inc
- Radwin
- Redline Communications
- smartBridges
Microwave Radios
- 4RF
- Alcatel
- NEC
- Stratex
SCADA/Telemetry Radio
- Data-Linc
- Trio Datacom
- Microwave Data Systems(MDS)
- Modular Mining Systems Inc
Banking Products
- DataVision Software Solutions Pvt. Ltd
- Enterprise Software Solutions Lab
- Intellvisions Software Ltd.
- Interblocks
- Micro Technologies India Ltd
- Brinks Arya
- Cashlink
- Compushop
- IMAS
- Stanley/S&G
- TCS
- YCS
Networking Products
- Huawei -3Com
- Cisco
- Techroutes
Security Products and Solutions
- Astrophysics
- Thermo Electron Corporation
- TC SCAN
- USS technology
- Electonic Sensor Technology
- Global ePoint
- HiEnergy Technologies
- Infinova
- iOmniscent
Video Surveillance Solutions
- Infinnova
- Vantage
- Prama technologies
- Global ePoint
Flight Information Display systems
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CMT REPORT
(Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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 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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 39.39 |
|
UK Pound |
1 |
Rs. 81.31 |
|
Euro |
1 |
Rs. 57.44 |
SCORE & RATING
EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
7 |
|
--MARGINS |
-5~5 |
|
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
63 |
This score serves as a reference to assess SCs 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. |
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 |
|