MIRA
INFORM REPORT
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Report Date : |
08.04.2008 |
IDENTIFICATION
DETAILS
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Name : |
HELLMANN WORLDWIDE LOGISTICS INDIA PRIVATE LIMITED |
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Registered Office : |
110, Prakashdeep Building, 7, Tolstoy Marg, New Delhi 110001 |
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Country : |
India |
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Date of Incorporation : |
22.11.2006 |
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Com. Reg. No.: |
155765 |
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CIN No.: [Company
Identification No.] |
U63013DL2006PTC155765 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
DELH05846B |
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PAN No.: [Permanent
Account No.] |
AABCH7715F |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
To Carry on business as International and Domestic Freight
Transporters and to provide Logistics services |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company in the freight forwarding industry. Company’s first financials are
awaited. No further details or
payment could be made available. Subject can be considered for small to mediocre business dealings on
safe and secured terms, initially. |
LOCATIONS
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Registered Office : |
110, Prakashdeep Building, 7, Tolstoy Marg, New Delhi 110001, India |
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E-Mail : |
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Head Office: |
DLF Cyber City Building No.-9, 14th Floor, Tower A, Phase - III,
Gurgaon, Haryana, India |
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Tel. No.: |
91-124-4516700 |
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Fax No.: |
91-124-4516710 |
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Branch Offices |
AHMEDABAD 104 Sakar V Behind Natraj Cinema,
Ahmedabad 380009 Phone: 91-79-26574701 BADOHI 26 Niryat Bhawan Bida Comples, Badohi 221406 Phone: 91-941-5870507 BANGALORE
Ramleel" No. 611 12th Main HAL II
Stage Indiranagar, Bangalore 560008 Phone: 91-80-40277800 BELGAON Plot No 71 Saraf Colony Tiakwadi, Belgaon
590006 Phone: 91 831 2423371 CHANDIGARH Corporate Point 7 Sco No. 357-58 Sector
35-B, Chandigarh 160022 Phone: 91-981-4262486 CHENNAI
New No 12 Old No 20 Raghaviah Road T.
Nagar, Chennai 600 017 Phone: 91-44-4393 0606 COIMBATORE 12 17 Arangasamy Nagar Airport Road,
Coimbatore 641014 Phone: 91 422 4369979 HYDERABAD 6-3-852 2 3 4TH FLOOR 403 VISHWA CENTRAL
AMEERPET, Hyderabad 500016 Phone:
91-40-23400813/23400863/ 23400892/ 23400872 JAIPUR 321 3rd Floor Ganpatiplaza M.I. Road,
Jaipur 302001 Phone: 91-982-9022044 JODHPUR 119 First Floor Modi Arcade Chopasani
Road, Jodhpur 342001 Phone: 91-9829324466 KOLKATA Mira Tower 5th Floor Block- DN Plot no - 27 Sector 5 Salt Lake, Kolkata 700091 Phone: 91-33-40004300 LUDHIANA 228 2nd Floor OWPL. C-205 Phase V,
Ludhiana Phone: 91-9855017995 MUMBAI
Gundecha Onclave A-Wing 5th Floor Mumbai 400072 Phone: 91-22-67143500 NEW
DELHI 91 Bijwasan Road Kapashera, New Delhi 110
037 Phone: 91-11-46006400 PUNE
207 MPJ Chambers Wakewadi, Pune 411003 Phone: 91-20-25824762
63 TIRUPUR 8 14 (1) Ganga Nagar II Street, Tirupur
641602 Phone: 92-421-4336335 TUTICORIN B-18 World Trade Avenue, Tuticorin 628004 Phone: 91-461-4000176 VIZAG Shop No.5 II Floor Rathnaveni Commercial
Complex, Vizag 530016 Phone: 91-891-2701156 |
DIRECTORS
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Name : |
Mr. Mark Emil Hellmann |
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Designation : |
Director |
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Address : |
DD 238, Lot 5, Hang Hau Wing Lung Road, Pan Long Wan, Clear Water Bay
Sai Kung, New Territories 36268099 |
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Date of Birth/Age : |
06.06.1960 |
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Date of Appointment : |
30.03.2007 |
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Name : |
Mr. Sudheer Talwar |
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Designation : |
Director |
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Address : |
House No. 409, Sector 31, Gurgaon 122015, Haryana, India |
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Date of Birth/Age : |
28.07.1962 |
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Name : |
Mr. Ashok Jaidka |
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Designation : |
Director |
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Address : |
1, Akashneem Marg, DLF Phase II, Gurgaon 122001, Haryana, India |
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Date of Birth/Age : |
29.04.1949 |
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Date of Appointment : |
24.11.2006 |
BUSINESS DETAILS
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Line of Business : |
To Carry on business as International and Domestic Freight
Transporters and to provide Logistics services |
GENERAL
INFORMATION
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Bankers : |
Not Available |
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Banking
Relations : |
--- |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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25000000 |
Equity Shares |
Rs. 10/- each |
Rs. 250.000 Millions |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs. 10/-
each |
Rs. 0.100
Million |
FINANCIAL DATA
[all figures are in Rupees Millions]
New Company
LOCAL AGENCY
FURTHER INFORMATION
NA
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 Int’l
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 company’s 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. 39.93 |
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UK Pound |
1 |
Rs. 79.34 |
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Euro |
1 |
Rs. 62.55 |
SCORE & RATING
EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
3 |
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PAID-UP CAPITAL |
1~10 |
2 |
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OPERATING SCALE |
1~10 |
-- |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
3 |
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--PROFITABILIRY |
1~10 |
- |
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--LIQUIDITY |
1~10 |
2 |
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--LEVERAGE |
1~10 |
2 |
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--RESERVES |
1~10 |
1 |
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--CREDIT LINES |
1~10 |
1 |
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--MARGINS |
-5~5 |
-- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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14 |
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%)
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. |
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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