MIRA INFORM REPORT

 

 

Report Date :

27.11.2007

 

IDENTIFICATION DETAILS

 

Name :

DABUR NEPAL PVT. LTD.

 

 

Registered Office :

TNT Building, P. O. Box 14375, Tinkune, Kathmandu

 

 

Country :

Nepal

 

 

Financials (as on) :

15.07.2006

 

 

Date of Incorporation :

7-8-1992

 

 

Com. Reg. No.:

29213

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of Healthcare, Food, Drugs, Intrmediate Ayurvedic Medicine, Honey etc

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear


name

 

DABUR NEPAL PVT. LTD.,

TNT BUILDING

P.O.BOX 14375

TINKUNE

KATHMANDU (NEPAL)

Telephones : 977 1 4478010 

Fax: 977-1-4478030

Email : dnpl@dabur.com.np     

 

 

BRANCH OFFICE

 

RAMPUR,TOKANI,BARA,NEPAL

Tel        :  977-53-580003,4,7

FAX      : 977-53-580001

 

 

History

 

It is a private limited company incorporated at Kathmandu under Incorporation no. 29213 of 7-8-1992

 

 

Directors

 

1  PRADEEP BURMAN, CHAIRMAN

2  R.S.RANA, M.D        

3  A.MEHRA    

4. G.KASHINATH                                                                     

 

 

Bankers

 

1. Nabil Bank Ltd,  Kathmandu (Nepal)

2. Nepal SBI Bank Ltd., Kathmandu (Nepal)

3. Standard Chartered Bank Nepal Ltd.,Kathmandu,Nepal

 

 

Auditors

 

M/s G.BASU& Co., Kathmandu (Nepal)

 

 

Business

 

The company is located to operate from the address mentioned at the top which is owned. There are 600 staff at the moment. They are manufacturer of Healthcare, Food, Drugs, Intrmediate Ayurvedic Medicine, Honey etc.,

 

 

Trade Terms

 

INDIA, USA

 

 

Principal Co

 

Dabur India Ltd.

 

 

Financial

           

BALANCE SHEET AS AT 15-7-2006

LIABILITIES

RUPEES IN MILLIONS

ASSETS

RUPEES IN MILLIONS

Authorised Capital

140.000

Fixed Assets

633.855

Paid up Capital

49.908

Govt. Security

1.249

Reserve & Surplus

569.474

Inventories

441.410

Secured Loans

215.726

Sundry Debtors

134.108

Unsecured Loans

 

 

 

 

205.384

Cash & Bank

6.688

Current Liabilities & Provisions

----------------------------------

Total Nep. Rs

327.054

-------------------

1367.546

Loans & Advances

-------------------------------------

Total Nep. Rs

150.236

----------------

1367.546

 

 

Remarks

 

Well established, respectable and reputed concern. Payments are reported to be correct and regular as per commitments.  Trade relations are fair. Consider good for normal business engagement at usual trade terms & conditions.

 

 

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

 

 

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%)

 

 

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