BUSINESS INFORMATION REPORT
- Summary Information
|
Company Name |
DEKI ELECRONICS LIMITED |
Principal Name 1 |
MR. JAI KUMAR |
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|
Status |
GOOD |
Principal Name 2 |
MR. VINOD SHARMA |
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Street Address |
132, Somdutt Chambers – 1,
Bhikaji Cama Place, New Delhi – 110 066 |
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Established Date |
23.01.1978 |
SIC Code |
-- |
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Telephone# |
91-11-26186261/26161246/26182867 |
Business Style 1 |
MANUFACTURING |
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Fax # |
91-11-26182867 |
Business Style 2 |
EXPORTING |
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Homepage |
Product Name 1 |
POLYESTER FILM CAPACITORS |
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# of employees |
226 |
Product Name 2 |
MIXED DIELECTRIC FILM CAPACITORS |
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Paid-up capital |
Rs.9,551,000 |
Product Name 3 |
POLYPROPYLENE FILM CAPACITORS |
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Shareholders |
GOVERNMENT
COMPANIES (11.48%) DIRECTORS OR RELATIVES OF DIRECTORS (61.19%) OTHER TOP FIFTY (50) SHAREHOLDERS (27.33%) |
Banking |
CANARA BANK |
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Public Limited Corp. |
No |
Business Period |
30 YEARS |
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IPO |
No |
International Ins. |
-- |
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Public Enterprise |
No |
Rating |
Ba |
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Related Company |
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|
Relation - Associates |
Country - India |
Company Name |
RDC MARKETING PRIVATE LIMITED |
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Note |
- |
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2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2008 |
(Unit: Indian Rs.) |
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Assets |
Liabilities |
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Current Assets |
73,576,000 |
Current Liabilities |
38,439,000 |
|
Inventories |
40,671,000 |
Long-term Liabilities |
74,931,000 |
|
Fixed Assets |
88,688,000 |
Other Liabilities |
382,000 |
|
Deferred Assets |
000 |
Total Liabilities |
113,752,000 |
|
Invest& other Assets |
3,096,000 |
Retained Earnings |
82,728,000 |
|
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|
Net Worth |
92,279,000 |
|
Total Assets |
206,031,000 |
Total Liab. & Equity |
206,031,000 |
|
Total Assets (Previous Year) |
178,351,000 |
|
|
|
P/L Statement as of |
31.03.2008 |
(Unit: Indian Rs.) |
|
|
Sales |
236,407,000 |
Net Profit |
16,872,000 |
|
Sales(Previous yr) |
188,506,000 |
Net Profit(Prev.yr) |
12,508,000 |
MIRA INFORM REPORT
|
Report Date : |
15.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
DEKI ELECRONICS LIMITED |
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Registered Office : |
132, Somdutt Chambers – 1, Bhikaji Cama Place,
New Delhi – 110 066 |
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Country : |
India |
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Financials (as on) : |
31.03.2008 |
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Date of Incorporation : |
23.01.1978 |
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Com. Reg. No.: |
55-8845 |
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CIN No.: [Company Identification No.] |
U32109DL1978PLC008845 |
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IEC No. |
2588118320 dated 19.08.1998 |
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TAN No.: [Tax Deduction & Collection Account No.] |
DELD00348F |
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Legal Form : |
A closely held public limited liability Company. |
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Line of Business : |
Manufacturers, Exporters and Importer of Plastic Film
Capacitors. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
RATING
|
STATUS |
PROPOSED CREDIT LINE |
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|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 460000 |
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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 satisfactory track.
Directors are reported as experienced, respectable and resourceful
industrialists. Their trade relations are fair. Financial position is good.
Payments are correct and as per commitments. The company can be considered good for normal business dealings at
usual trade terms and conditions. |
LOCATIONS
|
Registered Office : |
132, Somdutt Chambers – 1, Bhikaji Cama Place,
New Delhi – 110 066, India |
|
Tel. No.: |
91-11-26186261/26161246/26182867 |
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Fax No.: |
91-11-26182867 |
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E-Mail : |
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Website : |
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Area : |
336 sq.fts |
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Location : |
Rented |
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Administrative Office / Factory 1 : |
B-20, Sector - 58, District – Gautam Budh Nagar, Noida – 201 301, Uttar Pradesh, India |
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Tel. No.: |
91-120-2584687 / 88 / 2585457 / 58 / 26161246 |
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Fax No.: |
91-120-2585289 / 26182867 |
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E-Mail : |
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Area : |
25000 sq.fts |
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Location : |
Owned |
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Factory 2 : |
D-19, Sector 10, Gautam Budh Nagar, Noida, Uttar Pradesh,
India |
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Tel. No.: |
91-120-2584687 /
88 |
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Fax No.: |
91-120-2585289 |
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E-Mail : |
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Area : |
16000 sq. ft. |
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Location : |
Owned |
DIRECTORS
|
Name : |
Mr. Jai Kumar |
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Designation : |
Whole Time Director |
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Address : |
160 Munirka Enclave, New Delhi – 110067, India |
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Date of Birth/Age : |
05.02.1930 |
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Qualification : |
Msc. Chemistry |
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Date of Appointment : |
31.03.1982 |
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Name : |
Mr. Vinod Sharma |
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Designation : |
Managing Director |
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Address : |
160 Munirka Enclave, New Delhi – 110067, India |
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Date of Birth/Age : |
20.09.1965 |
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Qualification : |
Diploma in Hotel Management |
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Date of Appointment : |
11.08.1992 |
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Name : |
Mr. Charu Sahni |
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Designation : |
Director |
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Address : |
405, Block – 3, Silver Estate, Sector – 50, Noida – 201 301, Uttar
Pradesh, India |
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Date of Birth/Age : |
24.05.1969 |
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Qualification : |
Post Graduate from NIIFT |
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Date of Appointment : |
17.08.1999 |
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Name : |
Mr. Somnath Chatterjee |
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Designation : |
Director |
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Address : |
O-12, Jangpura Extension, New Delhi – 110 014, India |
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Date of Birth/Age : |
11.03.1961 |
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Qualification : |
Post Graduate from NIIFT |
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Date of Appointment : |
16.12.2003 |
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Name : |
Mr. Pramod Chawla |
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Designation : |
Director |
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Address : |
K – 87, Hauz Khas Enclanve, New Delhi 110016, India |
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Date of Birth/Age : |
16.04.1941 |
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Qualification : |
Post Graduate MBA |
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Date of Appointment : |
18.08.2005 |
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Name: |
Mr. Ashok Kumar Gupta |
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Designation: |
Director |
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Address: |
18 UPSID Officers Colony, Nawab Ganj, Kanpur |
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Age: |
11.05.1956 |
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Date of Appointment : |
28.04.1983 |
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Name: |
Mr. Krishna Kant Dave |
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Designation: |
Director |
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Address : |
16, Kamla Club, Kanpur, Uttar Pradesh, India |
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Date of Birth : |
14.11.1943 |
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Date of Appointment : |
28.05.1987 |
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Date of Ceasing : |
07.02.2005 |
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Name: |
Mr. Ram Chand |
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Designation: |
Director |
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Address : |
1 Babar Road, New Delhi, India |
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Date of Birth : |
01.10.1971 |
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Date of Appointment : |
26.02.1994 |
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Date of Ceasing : |
15.03.2005 |
KEY EXECUTIVES
|
Name: |
Mr. Jagdeep Singh |
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Designation: |
Secretary |
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Address : |
516, Sector – 17C, Vasundra, Ghaziabad, Uttar Pradesh, India |
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Date of Birth : |
05.11.1975 |
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Date of Appointment : |
08.10.2001 |
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Date of Ceasing : |
30.11.2005 |
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Name: |
Ms. Ruchi S Mehta |
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Designation: |
Secretary |
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Address : |
119/9, Shiv Mandir Marg, Maujpur, Delhi – 201 301, India |
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Date of Birth : |
04.10.1980 |
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Date of Appointment : |
01.02.2006 |
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Date of Ceasing : |
23.03.2007 |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
(As on 21.09.2007)
|
Names
of Shareholders |
No of Shares |
|
Kripa Shankar |
500 |
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Om Prakash Agarwal |
16000 |
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Deepak Dhar |
5000 |
|
Jai Kumar |
506160 |
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Sharad Kumar |
100 |
|
UP State Industrial Development
Corporation |
109620 |
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Ashok Kumar Gupta |
26320 |
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Chandrakant A Bhageria |
2000 |
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Sunita Bhageria |
2000 |
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Vijay Kumar Gupta |
8600 |
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Lakshmi S Chand |
73000 |
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Vinod Sharma |
16880 |
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Kiran Gupta |
1850 |
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Charu Sheels Gupta |
3000 |
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Usha Gupta |
3000 |
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Shakuntla Kumari Kaint |
3400 |
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Sheela Pandey |
950 |
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B Singh |
300 |
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Amarnath Gupta |
500 |
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Vimla Agarwal |
1600 |
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Lakshmi S Chand |
127000 |
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Jaimala Agarwal |
5000 |
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Shilpi Agarwal |
1500 |
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Charu Sahni |
15000 |
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Ruchika Gupta |
13700 |
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Deepika Sharma |
12100 |
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Total |
955080 |
Equity share
breakup (percentage of total equity)
(As on
21.09.2007)
|
Category |
Percentage |
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Government companies |
11.48 |
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Directors or relatives of directors |
61.19 |
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Other top fifty (50)
shareholders |
27.33 |
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Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturers, Exporters and Importer of Plastic Film
Capacitors. |
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Products : |
·
Polyester Film
Capacitors ·
Mixed dielectric Film
Capacitors ·
Polypropylene Film Capacitors |
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Brand Names : |
DEKI |
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Exports : |
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Products : |
·
Film Capacitors ·
Garments |
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Countries : |
·
Italy ·
Middle East ·
South Korea ·
Europe ·
Philippines ·
Italy ·
Span |
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Imports : |
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Countries : |
·
Korea ·
Germany ·
Taiwan |
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Terms : |
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Selling : |
Credit up to 30 days and Cash up to 60 days |
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Purchasing : |
L/C and Credit up to 30 days |
GENERAL
INFORMATION
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Customers : |
OEM’s and Dealers |
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No. of Employees : |
226 |
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Bankers : |
Canara Bank South Extension, Part – 1, New Delhi – 110049, India |
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Facilities : |
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Banking
Relations : |
Satisfactory |
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Auditors : |
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Name : |
·
R. K. Lal and Company Chartered Accountant Address : B-84, Defence Colony, New Delhi – 110 049,
India ·
Rajesh Lal
and Company Chartered Accountant Address : B-84, Defence Colony, New Delhi – 110 047,
India |
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Associates/Subsidiaries : |
·
RDC Marketing Private Limited D-9, Sector 10, Noida Line
of Business: Job Work ·
Krishna Investment Private Limited D-9, Sector 10, Noida Line
of Business: Garment Manufacturing ·
Deki Housing Private Limited |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
3000000 |
Equity Shares |
Rs.10 each |
Rs.30.000 millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
955080 |
Equity Shares |
Rs.10 each |
Rs.9.551 millions |
FINANCIAL DATA
[all figures are in Rupees Millions]
ABRIDGED BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2008 |
31.03.2007 |
31.03.2006 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
9.551 |
9.551 |
9.551 |
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2] Share Application Money |
0.000 |
0.000 |
0.000 |
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3] Reserves & Surplus |
82.728 |
67.408 |
57.165 |
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH
|
92.279 |
76.959 |
66.716 |
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LOAN FUNDS |
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1] Secured Loans |
55.646 |
61.449 |
60.927 |
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2] Unsecured Loans |
19.285 |
17.054 |
15.644 |
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TOTAL
BORROWING
|
74.931 |
78.503 |
76.571 |
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DEFERRED TAX LIABILITIES |
0.382 |
1.450 |
1.971 |
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TOTAL
|
167.592 |
156.912 |
145.258 |
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APPLICATION OF FUNDS
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FIXED ASSETS [Net Block]
|
88.688 |
95.489 |
82.655 |
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Capital work-in-progress
|
3.021 |
0.000 |
0.000 |
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INVESTMENT
|
0.000 |
0.000 |
0.000 |
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DEFERREX TAX ASSETS
|
0.000 |
0.000 |
0.000 |
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CURRENT ASSETS, LOANS & ADVANCES
|
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Inventories
|
40.671
|
27.769
|
26.077
|
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Sundry Debtors
|
48.053
|
32.682
|
39.207
|
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Cash & Bank Balances
|
3.857
|
5.187
|
6.247
|
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Other Current Assets
|
0.000
|
0.000
|
0.000
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Loans & Advances
|
21.666
|
17.136
|
15.510
|
Total Current Assets
|
114.247
|
82.774 |
87.041 |
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Less : CURRENT LIABILITIES & PROVISIONS
|
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Current Liabilities
|
23.557
|
11.576
|
14.199
|
|
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Provisions
|
14.882
|
9.863
|
10.340
|
Total Current Liabilities
|
38.439
|
21.439
|
24.539
|
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Net
Current Assets
|
75.808
|
61.335
|
62.502
|
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MISCELLANEOUS EXPENSES
|
0.075 |
0.088 |
0.101 |
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TOTAL
|
167.592 |
156.912 |
145.258 |
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PROFIT &
LOSS ACCOUNT
|
PARTICULARS |
31.03.2008 |
31.03.2007 |
31.03.2006 |
|
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Sales Turnover |
236.407 |
188.506 |
207.187 |
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Other Income |
1.718 |
1.292 |
2.550 |
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Total Income |
238.125 |
189.798 |
209.737 |
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Profit/(Loss) Before Tax |
25.533 |
18.917 |
18.342 |
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Provision for Taxation |
8.661 |
6.409 |
6.429 |
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Profit/(Loss) After Tax |
16.872 |
12.508 |
11.913 |
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Export turnover : |
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Sale of goods manufactured |
19.510 |
18.148 |
62.049 |
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Total Earnings |
19.510 |
18.148 |
62.049 |
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Expenditures : |
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Raw Material Consumed |
116.324 |
89.904 |
0.000 |
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Purchases made for re-sale |
0.000 |
0.000 |
0.000 |
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Consumption of stores and spares parts |
6.069 |
4.148 |
0.000 |
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Increase/(Decrease) in Finished Goods |
(3.711) |
(3.998) |
(1.068) |
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Salaries, Wages, Bonus, etc. |
39.160 |
30.238 |
2.317 |
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Managerial Remuneration |
6.145 |
4.948 |
2.634 |
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Payment to Auditors |
0.030 |
0.030 |
0.030 |
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Interest |
10.053 |
9.123 |
7.049 |
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Insurance Expenses |
0.574 |
0.678 |
0.189 |
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Power & Fuel |
10.835 |
9.637 |
0.012 |
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Depreciation & Amortization |
12.829 |
11.787 |
11.055 |
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Other Expenditure |
14.284 |
14.386 |
169.177 |
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Total Expenditure |
212.592 |
170.881 |
191.395 |
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KEY RATIOS
|
PARTICULARS |
|
31.03.2008 |
31.03.2007 |
31.03.2006 |
PAT / Total Income
|
(%)
|
7.09
|
6.59
|
5.68 |
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Net Profit Margin
(PBT/Sales) |
(%) |
10.80
|
10.04
|
8.85 |
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Return on Total Assets
(PBT/Total Assets} |
(%) |
12.58
|
10.61
|
10.81 |
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Return on Investment (ROI)
(PBT/Networth) |
|
0.28
|
0.25
|
0.27 |
|
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Debt Equity Ratio
(Total Liability/Networth) |
|
1.23
|
1.30
|
1.52 |
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|
Current Ratio
(Current Asset/Current Liability) |
|
2.97
|
3.86
|
3.55 |
LOCAL AGENCY
FURTHER INFORMATION
TRADE REFERENCDES:
·
Sung moon
·
Telecommunications(Korea) and Sung moon Electrics (Korea)
·
Steiner (Germany) – Films
·
Taekmyung (Korea)- Foil
·
B K International Korea- Resin
·
Avatak (Taiwan) – Paper Tape
·
Samatron (Korea) - Lead Wire
TRADE
REFERENCES – LOCAL
1.MIRC
Electronics (Onida)
Mr. Kalyankar
KUDUS VILLAGE ON BHIWANDI,
WADE ROAD, TALUKA WADA
2.Indo Asian Fuse Gears Limited
Mr. Vinay Mahendru
A-39, PHASE-II EXTENSION,
DISTRICT-GAUTAM BUDH NAGAR
3.Asian Electronics Limited
Mr. Lalit Bhatia
SURVEY NO.9/2/1-(A),
OUTSIDE OCTROI POST,
VILHOLI
4.Phoenix Lamp
Mr. Atul Gupta
59 A, NEPZ PHASE-II
DIST. GAUTAM BUDH NAGAR
5.Northern Teleinks
Mr. Arun Gupta
B-46, SECTOR-2,
DIST. GAUTAM BUDH NAGAR.
Form No. 8
|
Name of the company |
DEKI ELECRONICS LIMITED |
|
Presented By |
Canara Bank South Extension, Part – 1, New Delhi –
110049, India |
|
1) Date and description of instrument creating the change |
Deed of Hypothecation Re: Machinery dated 10.12.2002. |
|
2) Amount secured by the charge/amount owing on the securities of
charge |
Rs.9.500 millions |
|
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 of all plant and machinery and other fixed assets
existing and proposed to be purchased out of the Term Loan granted by the
Bank installed / stored or to be installed / stored at Company’s premises at
D-9, Sector – X, Noida and B-20, Sector – 58, Noida or at any other place(s)
including those in transit. |
|
4) Gist of the terms and conditions and extent and operation of the
charge. |
The above is to secure all amounts payable
under a Term Loan of Rs.9.500 millions granted to the company together with
interest @ 13.50% p.a. at monthly rest or all such rate(s) as may be
specified by the Bank from time to time with an overdue interest of 2% p.a.
over and above the interest rate charged in the account, in case of default
and all other costs, charges, expenses etc. Repayable in 20 equal quarterly
instalments of Rs.0.475 million each commencing from together with interest
as and when due. |
|
5) Name and Address and description of the person entitled to the
charge. |
Canara Bank South Extension, Part – 1, New Delhi –
110049, India |
|
6) Date and brief description
of instrument modifying the charge |
Supplemental Collateral Security Agreement dated 10.12.2002 and
Letters evidencing extension of equitable mortgage alongwith Schedule ‘A’ and
“B’ dated 10.12.2002 |
|
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. |
All amounts payable under Term Loan of Rs.9.500 millions together with
all interests, costs, charges, expenses etc. stand collaterally secured by
the following:- ·
All other plant, machinery, motor vehicles, tools and accessories
already purchased as also the machinery etc. to be purchased hereinafter
particulars whereof will be furnished later erected / to be erected / kept /
to be kept or in transit for being erected at the premises of the borrower
situated at D-9, Sector X, Noida, B-20, Sector 58, Noida and 132, Somdutt
Chambers, Bhikaji Cama Place, New Delhi or at any other place(s). ·
Equitable mortgage of landed properties of the company situated at
Plot No. 9, Block D, Sector X, Noida and Plot No. 20, Block B, Sector 58,
Phase – II, Noida including all buildings thereon and all machineries
therein. All terms and conditions remained the same. |
|
Corporate
identity number of the company |
U32109DL1978PLC008845 |
|
Name of the
company |
DEKI ELECRONICS LIMITED |
|
Address of the
registered office or of the principal place of business in India of the company |
132, Somdutt Chambers – 1, Bhikaji Cama Place, New Delhi –
110 066, India |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Immovable
property ·
Book debts ·
Movable
property (not being pledge) ·
Others o
Stocks |
|
Particular of
charge holder |
Canara Bank South Extension, Part – 1, New Delhi – 110049, India |
|
Nature of
instrument creating charge |
·
Term Loan
agreement ·
Deed of
Hypothecation Re: machinery ·
Supplemental
Collateral security agreement regarding security of machinery and vehicles ·
Letter
evidencing deposit of title deeds |
|
Date of
instrument Creating the charge |
14.10.2008 |
|
Amount secured by
the charge |
Rs.32.000
millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
·
Rate of
interest Interest 15% p.a. or at such rates as may be specified by the Bank
from time to time. ·
Terms of
repayment The term loan is repayable in 60 monthly installments as under first
57 installment of Rs.0.561 million next One installments of Rs.0.250 million
each commence from 14.01.2009 ·
Margin As per agreement ·
Extent and
operation of the charge 100% ·
Others Term Loan Rs.32.000 millions |
|
Particulars of
the property charged |
Primary Security :
Hypothecation of all plant, machinery, tools, accessories already purchased
to be purchased and more particularly described in schedule ‘A’ and stored at
premises at D-9 sector 10, Noida and B-20, sector 58 Industrial Development
Authority (Noda), Distt. Gautam Budh Nagar (U.P.) or at any other place
whosoever including those in transit. Collateral
security : EMT of factory land and building situated at D-9 sector 10 Noida
and B-20, sector 58 Noida (UP) |
Its major dealers include:
Stockists
- Ahmedabad
R.R. Electronics
49, Amra Kunj Apartments, Gurukul Main Road, Mem Nagar, Ahmedabad 380 052,
Gujarat, India
Phone: 079-27451601, 27447188
Email: ravirrelectronics@rediffmail.com
Contact Person: Mr. Ravi Raj
Stockists
- Bangalore
Electronika Sales Corporation
16, Narsingapuram Street, Anna Salai, Chennai 600 002, Tamilnadu, India
Phone: 044-28587765, 28587165 Fax: 044-28535833
Email: elektron@vsnl.com
Contact Person Mr. Sunil Hasija
Filcon Electronics Private Limited
62A, 'Sri Krishnaiah Building', Electronics City, Hosur Road, Bangalore 561
229, Karnataka, India
Phone: 080-8520983, 8520984
Fax: 080-8520139, 8520324
Email: filconelec@grabmail.com
Contact Person: Mr. Arvind Rao
Linear Systems
607, 62nd Cross, Fifth Block, Rajaji Nagar, Bangalore 560 010, Karnataka, India
Phone: 080-23400358, 23304638 Fax: 080-23384517
Email: praveencp@vsnl.net
Contact Person: Mr. Seetharam
Stockists
- Chennai
Electronika Sales
Corporation
16, Narsingapuram Street, Anna Salai, Chennai 600 002, Tamilnadu, India
Phone: 044-28587765, 28587165 Fax: 044-28535833
Email:elektron@vsnl.com
Contact Person Mr. Sunil Hasija
Jothi Electronics
Mathajee Business Complex, No.1, Wallers Lane, Anna Salai, Chennai 600 002,
Tamilnadu, India
Phone: 044-28533993
Contact Person: Mr. P. Bangarusamy
Stockists - Mumbai
Electromark Devices (Bombay) Limited
304, Lotus House, 33-A, New Marine Lines, Mumbai 400 020, Maharashtra, India
Phone: 022-22034545 (10 Lines) Fax: 022-22088003, 22034779
Email: mahavir@electromarkindia.com
Contact Person: Mr. Mahavir Shet
Stockists - Delhi / New Delhi
Capco India
234, Sant Nagar, East of Kailash,
New Delhi 110 065
Phone: 011-26217519, 26469187 Fax: 011-26217519
Contact Person: Mr. Shailendra Sharma
Dewan Radios Pvt. Ltd.
1681/26, Mangal Market, Bhagirath Palace,
Delhi 110 006
Phone: 011-23865190, 23862439 Fax: 011-23869312
Email: sales@dewanradios.com
Contact Person: Mr. Subhash Dewan
Elco Sales Corporation
D-191, Flatted Factory Complex, Okhla,
New Delhi 110 020
Phone: 011-26846356, 26839523 Fax: 011-26924783
Email: elco@now-india.com
Contact Person: Mr P. L.Gulati / Mr. S. P. Arora
Indian Technological Products
15, DSIDC Industrial Scheme-I, Okhla Phase-II
New Delhi 110 020
Phone: 011-26316670, 26310968 Fax: 011-26927490
Email:sales@itpindia.com
Contact Person: Mr. Anil Batra
SSG Electronics Pvt. Ltd.
25-A, South Anarkali, P.O. Street,
Delhi 110 051
Phone: 011-22425374, 22205167 Fax: 011-22458334
Email: ssgelect@mantraonline.com
Contact Person: Mr. Anil Kumar Goel
Its major customers include:
·
Sony
·
Sanyo
·
Sharp
·
JVC
·
NEC
·
Toshiba
·
Osram
It is in technical terms with:
·
Okaya Electric Industries Company Limited
Fixed Assets :
·
Land
·
Building
·
Plant and Machinery
·
Electrical Installations
·
Machinery
·
Tools and Equipments
·
Air Conditioners
·
Typewriters
·
D. G. Sets
·
Coolers
·
Fans
·
Vehicles
·
Car
WEBSITE DETAILS
Profile
Year of establishment
1984 in technical collaboration with Okaya
Electric Industries, Japan.
Production capacity
460 million capacitors per annum.
Technologies available
Film foil inductive and non-inductive
construction, metallised non-inductive construction.
Types of capacitors
Plain Polyester / Metallised Polyester /
Plain Polypropylene / Metallised Polypropylene, Plain and Metallised
Polypropylene Mixed / Mixed Dielectric.
Encapsulation
Wet, powder epoxy coating and box.
Pitches of capacitors
5 mm to 27.5 mm in epoxy coating as well as
box.
Applications
Blocking / Coupling / By passing / Timing
circuits / Tuning & Oscillation / Filtering and Frequency discrimination /
Temperature Compensation / Interference Suppression / Voltage dropper / TV
Flyback tuning / TV ‘S’ Correction /
Snubber / Discharge Ignition / Pulse Coupling, etc.
Segments covered
TVs / Audios / Telecom / Lighting (HF and CFL
Ballast) / Medical Electronics / Industrial Electronics / Auto Electronics / IT
Hardware / Fan Regulators / Energy meters, etc.
Approvals
ERTL / ISO
9001:2000 / ISO 14001:2004 / CACT.
Customer specification approvals
Sony / Sanyo / Philips / Sharp / JVC /
Toshiba / Panasonic / Osram, etc.
PPM level
Single Digit.
Exporting to
Europe / Hong Kong / China / Thailand /
Philippines / Malaysia / South Korea / Middle East.
Annual growth in turnover (last 10 years)
Average of 30%.
Deki Electronics Limited is a company committed to the manufacture of reliable
and internationally competitive plastic film capacitors.
The company was established in technical collaboration with Okaya Electric
Industries Company Limited, Japan in 1984. Deki has since been producing high
quality plain polyester film capacitors, plain polypropylene film capacitors
and metallized polyester film capacitors at its modern, automatic plant
imported from Japan and Korea. The range has been expanded to cover metallized
polypropylene, interference suppression, CDI capacitors, 5.0 and 7.5 mm pitch
box metalized capacitors. (on an Arcotronics line )
Today, Deki is one of the rare capacitor manufacturers offering products based
on Japanese and European technologies. This gives the company unparalleled
flexibility in production.
The company’s quality system is certified under ISO 9001:2000 standards by the
Bureau of Indian Standards the first system approval was received in November
1994. Deki’s capacitors are tested by ERTL to IEC standards and approved by
CacT for telecom applications. They are also approved by OEMs like Sony, Sanyo,
Sharp, JVC, NEC, Toshiba and Osram. The company has an established line of
supply with leading manufacturers of colour TVs, B&W TVs, audio systems,
telephone sets, office automation products, medical electronic equipment,
instrumentation equipment, industrial electronics, computer monitors,
fluorescent and compact fluorescent lamps, automobile electronics, fan
regulators and energy meters.
ELCINA, the Electronics Component Industries Association has recognized the
work done by Deki and awarded it with the ELCINA Award of Excellence —
1st Position (in the turnover below Rs 200 millions category) for the
year 2001-02 and MIT Award. This award was an incentive for all members of the
Deki team and has come as an encouragement towards its vision of being
recognized as a truly global TQM company.
Deki’s capacitors are currently exported to Europe, Hong Kong, Thailand,
Malaysia, Philippines, Israel the Middle East and South Korea. From a 20% share
of turnover today, it is envisaged that this will go up to 30% during the next
year.
On the strength of its commitment to total quality, Deki has established an
enviable reputation in the electronic component industry. Its strength lies in
its employees who strive through continuous effort and teamwork to achieve
satisfaction of their internal and external customers.
Deki has recorded an average growth rate of 29% per year since 1989-90.
Production capacity went up from 15 million capacitors per annum to 30 million
in 1994 and further to 50 million capacitors per annum in 1995. The current
annual installed capacity is 156 million. The capacity of plain polyester film
capacitors is 110 million pieces (the largest in India). The capacity of
metallized capacitors is 46 million pieces out of which box type in 5.0 mm and
7.5 mm pitch is 30 million pieces.
Quality and cost reduction are the major areas of thrust at Deki. The company
has successfully reduced its manufacturing cost without compromising on
quality; possible only by the efforts of all members of the Deki team. The
benefits have been passed on to the customers enabling the company to position
itself as a ‘one-stop shop’ for highly reliable and competitively priced
plastic film capacitors.
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 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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.71 |
|
UK Pound |
1 |
Rs.72.86 |
|
Euro |
1 |
Rs.64.70 |
SCORE & RATING
EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
6 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
54 |
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
|
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 |
|