MIRA
INFORM REPORT
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Report Date : |
07.08.2008 |
IDENTIFICATION
DETAILS
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Name : |
SENSOGRAPH PACKAGING TECHNOLOGY PRIVATE LIMITED |
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Registered Office : |
202, Tirupati Industrial Estate, Opp Subhash Road, Mumbai – 400 078,
Maharashtra |
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Country : |
India |
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Date of Incorporation : |
19.07.2007 |
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Com. Reg. No.: |
172511 |
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CIN No.: [Company
Identification No.] |
U29195MH2007PTC172511 |
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IEC No.: |
0308019571 |
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PAN No.: [Permanent
Account No.] |
AALC54099P |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Manufacturer of Packaging Machinery. |
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 and yet to publish and file its first financials
with the Government departments till date. The management parted some
information. No payment could be made available. The company can be considered for business dealings on safe and
secured terms, initially. |
INFORMATION PARTED
BY
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Name : |
Mr. Vijayanand Pai |
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Designation : |
Director |
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Date : |
06.08.2008 |
LOCATIONS
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Registered Office : |
202, Tirupati Industrial Estate, Opp Subhash Road, Mumbai – 400 078,
Maharashtra, India |
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Tel. No.: |
91-22-25666659 |
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Fax No.: |
91-22-25666649 |
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E-Mail : |
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Area : |
400 Sq. ft. |
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Location : |
Owned |
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Factory : |
W19, Anand Nagar, Additional MIDC, Ambernath |
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Area : |
600 Sq. Mtrs. |
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Location : |
Leased |
DIRECTORS
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Name : |
Mr. Shailesh Sharad Dalvi |
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Designation : |
Director |
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Address : |
6, Kedar Co-Op Housing Society Limited, Plot No. 12, Gawant Baug,
Wagale Estate, Thane – 400 604, Maharashtra, India |
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Date of Birth/Age : |
27.07.1964 |
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Qualification : |
Textile Engineer |
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Date of Appointment : |
15.04.2008 |
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Name : |
Mr. Vijayanand Pai |
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Designation : |
Director |
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Date of Birth/Age : |
43 Years |
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Qualification : |
Engineer |
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Name : |
Mr. Vithal Pai |
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Designation : |
Director |
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Date of Birth/Age : |
41 Years |
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Qualification : |
Engineer |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
(As on 03.07.2007)
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Names of Shareholders |
No. of Shares |
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Mr. Vijayanand Dattatray Pai |
5000 |
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Mr. Vithal Radhakrishna Pai |
5000 |
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Total |
10000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of Packaging Machinery. |
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Exports : |
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Countries : |
·
USA ·
Africa ·
Dubai |
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Terms : |
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Selling : |
L/C and Credit (30 days / 60 days / 90 days) |
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Purchasing : |
Credit (30 days / 60 days / 90 days) – against delivery |
GENERAL
INFORMATION
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Customers : |
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Wholesalers ·
Manufacturers |
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No. of Employees : |
14 |
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Bankers : |
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Saraswat Bank, Thane ·
HDFC Bank |
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Banking
Relations : |
- |
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Auditors : |
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Name : |
Joshi Karandikar and Company Chartered Accountants |
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Associates/Subsidiaries
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·
Proxiomon Private Limited ·
Datson Private Limited ·
Kalimata Plant and Machinery Private Limited ·
Sensograph Technique Ptivate Limited |
CAPITAL STRUCTURE
Authorised 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 |
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]
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Particulars |
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31.03.2008 |
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Sales Turnover |
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2.000 |
LOCAL AGENCY
FURTHER INFORMATION
Trustseal Acceptance Chart
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Parameters |
Details |
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Existence Verification |
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Name |
SENSOGRAPH PACKAGING TECHNOLOGY PRIVATE LIMITED |
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Statutory Approvals |
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Legal Status of Firm |
Private Limited Company |
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Income Tax Registration |
AALC54099P |
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Central Sales Tax Registration |
27450640919 C |
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State Sales Tax Registration |
27450640919 V |
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Import Export Code |
0308019571 |
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Name of Bank |
HDFC Bank |
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Current Account Number |
04882020000377 |
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Account Since |
1 Year |
Web Details
Established in the year 1989,
they have gained a prominent position in the market as manufacturers, exporters
and suppliers of premium quality packaging machines that find vivid application
in diverse industries. They have come a long way since the establishment and
are drawing an impressive turn over backing on our high production.
They are managed by a team of experts and professionals who are geared with relevant
credentials and ample industry experience. Owing to their support and expertise
they have been successfully catering to the vivid needs of our clients who are
from diverse industrial back ground.
They have gained immense popularity in the international market and have
managed to win the faith of numerous clients across the world. The dedication
and commitment has got them an out standing position and they are determined to
deliver absolute satisfaction at all costs.
Products
They
offer a wide array of packaging machines that find application in diverse
industries. The collection includes:
EASY-
Pac: Semi Automatic Weigh Feeder.
QUICK- Pac :Cup Filler.
SURE- Pac: Auger filling Machine.
Micro Doser : Precision Scale based weight measurements for accuracies in mili
grams.
SIGMA- Pac : Automatic Tablet Counting Machine.
SMART- Pac: Fully Automatic Weigh Feeder.
L- Pac: Liquid Filling Machine.
The products are made of the choicest raw material that is procured after
rigorous testing of parameters such as strength and texture.
Application Area
They
have cutting edge technology in the manufacturing plant that allows them to
offer products that have the following salient features:
- Rugged
construction
- Easy
installation
- High accuracy
- Trouble free
and safe operation
- Noise free
Application
Area:
The
exclusive range of sophisticated machines is suitable for numerous industries
due to their efficiency and durability. They are demanded in vivid sectors of
industries, some of these are listed below:
- Oil and
Chemical
- Food and
beverage
- Pharmaceutical
- Grain
- Medical
- Animal food
Infrastructure
They have state of the art manufacturing facility which is truly their back
bone. The manufacturing facility is spread over 8000 sq. ft. area and is equipped
with latest modern machineries.
The
following machines are planted in our manufacturing unit:
- Welding
machines
- Lathe machine
- Milling
machine
- Cutting
machine
- Grinding
machine
Team
They have a team of technocrats and engineers who are well
qualified and skilled. They have years of industry experience and an in depth
knowledge of the industry trends and consumer pattern. They have a flexible
approach and the capacity to mold their resources to match the clients’
requirements. They work in close coordination with the marketing team. This
helps them to deliver the client's more than their expectations. In Sensograph
they believe in delivering the commitments.
Quality
Assurance
They lay strong emphasis on the
quality standards of the machines so that they are able to deliver total
satisfaction to the customers. They have appointed a team of quality checkers
who ensure that quality is maintained in all possible aspects.
They check the raw material at the time of procurement on various parameters. They
also monitor all the stages of production as that all the chances of defects
and malfunctioning is eliminated.
Client
Satisfaction
They are privileged to have a long list of clients who are
satisfied with the machinesand deals. They repeat orders and status of
preffered vendors is the sign of client's trust in us.
Packaging Machines
They are one of the distinct
manufacturers, suppliers and exporters of supreme quality packaging machines that
are demanded in varied industries. The products are made of the finest raw
material that is procured after rigorous testing of various parameters such as
strength and durability. We have an array of sophisticated machines and
advanced equipments that enable us in delivering products of high efficiency
and durability. The collection offers the following:
Easy Pac : Semi Automatic Weigh Feeder
Smart Pac: Fully Automatic Weigh Feeder
Quick Pac : Cup Filler
L-Pac : Liquid Filling Machine
Sigma-Pac: Automatic Tablet Counting
Machines
Sure Pac : Auger Filling Machine
Precision Scale : Weight Measurement Machine
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.42.00 |
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UK Pound |
1 |
Rs.82.14 |
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Euro |
1 |
Rs.65.09 |
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 |
3 |
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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 |
2 |
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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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16 |
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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