- Summary Information
|
Company Name |
MONSHER FIRE PROTECTION SYSTEMS PRIVATE
LIMITED |
Principal Name 1 |
MR. WALTER N.A. NAZARETH |
|
Status |
Satisfactory |
Principal Name 2 |
MR. MAVIS NAZARETH |
|
Street Address |
214, NIRAMAN KENDRA, DR. E MOSES ROAD, MAHALAXMI (WEST),
MUMBAI-400011, MAHARASHTRA, INDIA |
||
|
Established Date |
14.02.2001 |
SIC Code |
-- |
|
Telephone# |
91-22-66611178 |
Business Style 1 |
MANUFACTURER |
|
Fax # |
91-22-66602858 |
Business Style 2 |
EXPORTER |
|
Homepage |
Product Name 1 |
FIRE PROTECTION |
|
|
# of employees |
-- |
Product Name 2 |
FIRE ALARMS |
|
Paid up capital |
Rs. 1500000 |
Product Name 3 |
FIRE GAS SUPPRESSIONS |
|
Shareholders |
DIRECTORS OR RELATIVES OF DIRECTORS (100%) |
Banking |
CITIZENCREDIT CO-OPERATIVE BANK LIMITED |
|
Public Limited Corp. |
NO |
Business Period |
6 YEARS |
|
IPO |
NO |
International Ins. |
- |
|
Public Enterprise |
NO |
Rating |
Ba |
|
Related Company |
|||
|
Relation |
Country |
Company Name |
CEO |
|
GROUP COMPANY |
INDIA |
MONSHER SENJE (INDIA) FIRE EQUIPMENT
PRIVATE LIMITED |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2007 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
12133000 |
Current Liabilities |
38299000 |
|
Inventories |
30830000 |
Long-term Liabilities |
29062000 |
|
Fixed Assets |
6557000 |
Other Liabilities |
000 |
|
Deferred Assets |
359000 |
Total Liabilities |
67361000 |
|
Invest& other Assets |
28013000 |
Retained Earnings |
9031000 |
|
|
|
Net Worth |
10531000 |
|
Total Assets |
77892000 |
Total Liab. & Equity |
77892000 |
|
Total Assets (Previous Year) |
49022000 |
|
|
|
P/L Statement as of |
31.03.2007 |
(Unit: Indian Rs.) |
|
|
Sales |
115009000 |
Net Profit |
2297000 |
|
Sales(Previous yr) |
65668000 |
Net Profit(Prev.yr) |
2221000 |
MIRA
INFORM REPORT
|
Report Date : |
16.12.2008 |
IDENTIFICATION
DETAILS
|
Name : |
MONSHER FIRE PROTECTION SYSTEMS PRIVATE LIMITED |
|
|
|
|
Registered Office : |
214, Niraman Kendra, Dr. E Moses Road, Mahalaxmi (West),
Mumbai-400011, Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as on) : |
31.03.2007 |
|
|
|
|
Date of Incorporation : |
14.02.2001 |
|
|
|
|
Com. Reg. No.: |
11-130861 |
|
|
|
|
CIN No.: [Company
Identification No.] |
U74999MH2001PTC130861 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
MUMM15490G |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturer and Exporter of Fire Protection
Equipment |
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 |
|
Maximum Credit Limit : |
USD 52000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established and reputed company having satisfactory
track. Trade relations are fair. Business is active. No complaints have been
heard. The company can be considered good for normal business dealings. |
LOCATIONS
|
Registered Office/ Factory : |
214, Niraman Kendra, Dr. E Moses Road, Mahalaxmi (West),
Mumbai-400011, Maharashtra, India |
|
Tel. No.: |
91-22-66611178 |
|
Fax No.: |
91-22-66602858 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
|
Name : |
Mr. Walter N.A. Nazareth |
|
Designation : |
Director |
|
Address : |
221, Mont Blanc, August Kranti Marg, Kemps Corner, Mumbai-400036,
Maharashtra, India |
|
Date of Birth/Age : |
17.01.1941 |
|
Date of Appointment : |
14.02.2001 |
|
|
|
|
Name : |
Mr. Mavis Nazareth |
|
Designation : |
Director |
|
Address : |
221, Mont Blanc, August Kranti Marg, Kemps Corner, Mumbai-400036,
Maharashtra, India |
|
Date of Birth/Age : |
30.09.1948 |
|
Date of Appointment : |
14.02.2001 |
|
|
|
|
Name : |
Mr. Sherwin Nazareth |
|
Designation : |
Director |
|
Address : |
221, Mont Blanc, August Kranti Marg, Kemps Corner, Mumbai-400036,
Maharashtra, India |
|
Date of Birth/Age : |
25.04.1974 |
|
Date of Appointment : |
14.02.2001 |
|
|
|
|
Name : |
Mrs. Monisha Nazareth |
|
Designation : |
Director |
|
Address : |
221, Mont Blanc, August Kranti Marg, Kemps Corner, Mumbai-400036,
Maharashtra, India |
|
Date of Birth/Age : |
15.10.1971 |
|
Date of Appointment : |
14.02.2001 |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
As on 29.09.2007
|
Names of Shareholders |
|
No. of Shares |
|
Walter N.A. Nazareth |
|
45000 |
|
Mavis Nazareth |
|
45000 |
|
Shervin Nazareth |
|
30000 |
|
Monisha Nazareth |
|
30000 |
|
Total |
|
150000 |
Equity Share Breakup (Percentage of Total Equity)
As on 29.09.2007
|
Category |
|
Percentage |
|
Directors or relatives of directors |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Fire Protection
Equipment |
|
|
|
|
Products : |
·
Fire Protection ·
Fire Alarms ·
Fire Gas Suppressions ·
Passive Fire Protection ·
Foam Equipment ·
Fire Extinguishers |
GENERAL
INFORMATION
|
Suppliers : |
·
Ahuraz Shipping and Clearing Company Private Limited ·
Aqua Trading Corporation ·
Charmi Enterprises ·
Chishtiyah Steel Traders ·
Courcan Cargo (India) Private Limited ·
C.P. Valves Industry ·
Crest Computers ·
Data Soft Consultants ·
Decorative Products ·
Devi Karam Associates ·
Dinodia Photo Private Limited ·
Electromaxx Projects ·
EMU Lines Private Limited, Mumbai ·
Esfire and Engineering Consultants ·
Ezzi Paints |
||||||||||||||||
|
|
|
||||||||||||||||
|
Customers : |
·
Relainace ·
TATA ·
Aditya Birla ·
Hindustan Lever Limited ·
Intercontinental ·
Larsen and Toubro Limited ·
ICICI Bank ·
Citi Bank ·
Bombay Dyeing ·
Cadbury ·
Mcdonalds ·
Mahindra ·
Coca-Cola ·
State Bank of India ·
NABARD ·
Thomas cook ·
HDFC Bank ·
MTNL ·
Colgate Palmolive |
||||||||||||||||
|
|
|
||||||||||||||||
|
Bankers : |
·
Citizencredit Co-operative Bank Limited, Dadar Branch, Dr. Antonio Da
Silva High School Annexe, S.K. Bhole Road, Dadar (West), Mumbai-400028,
Maharashtra, India ·
HDFC Bank ·
ICICI Bank Limited ·
Syndicate Bank |
||||||||||||||||
|
|
|
||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
T.R. Chandha and Company Chartered Accountant |
|
Address : |
1, Smruti Ground Floor, M.V. Panlosakar Marg, Hanuman Cross Road,
Mumbai-400057, Maharashtra, India |
|
|
|
|
Group Companies: |
|
CAPITAL STRUCTURE
As on 29.09.2007
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
200000 |
Equity Shares |
Rs. 10/- each |
Rs. 2.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
150000 |
Equity Shares |
Rs. 10/-
each |
Rs. 1.500
Millions |
FINANCIAL DATA
[all figures are in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2007 |
31.03.2006 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
1.500 |
1.500 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
9.031 |
6.252 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
10.531 |
7.752 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
28.582 |
19.234 |
|
|
2] Unsecured Loans |
|
0.480 |
0.180 |
|
|
TOTAL BORROWING |
|
29.062 |
19.414 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.348 |
|
|
|
|
|
|
|
|
TOTAL |
|
39.593 |
27.514 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
6.557 |
6.761 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
28.013 |
19.931 |
|
|
DEFERREX TAX ASSETS |
|
0.359 |
0.224 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
30.830 |
7.665 |
|
|
Sundry Debtors |
|
1.530
|
4.078 |
|
|
Cash & Bank Balances |
|
4.836
|
6.305 |
|
|
Other Current Assets |
|
0.000
|
0.153 |
|
|
Loans & Advances |
|
5.767
|
3.905 |
|
Total
Current Assets |
|
42.963
|
22.106 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Current Liabilities |
|
34.899
|
19.308 |
|
|
Provisions |
|
3.400
|
2.200 |
|
Total
Current Liabilities |
|
38.299
|
21.508 |
|
|
Net Current Assets |
|
4.664
|
0.598 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
39.593 |
27.514 |
|
PROFIT & LOSS
ACCOUNT
|
PARTICULARS |
|
31.03.2007 |
31.03.2006 |
|
|
Sales Turnover |
|
115.009 |
65.668 |
|
|
Other Income |
|
2.253 |
1.195 |
|
|
Total Income |
|
117.262 |
66.863 |
|
|
|
|
|
|
|
|
Profit/(Loss) Before Tax |
|
3.970 |
3.862 |
|
|
Provision for Taxation |
|
1.673 |
1.641 |
|
|
Profit/(Loss) After Tax |
|
2.297 |
2.221 |
|
|
|
|
|
|
|
|
Expenditures : |
|
|
|
|
|
|
Raw Material Consumed |
|
95.577 |
48.677 |
|
|
Operating and Other Expenses |
|
15.818 |
12.706 |
|
|
Interest to bank |
|
0.612 |
0.369 |
|
|
Short term Loss on sale of shres |
|
0.201 |
0.000 |
|
|
Depreciation & Amortization |
|
1.084 |
1.249 |
|
Total Expenditure |
|
113.292 |
63.001 |
|
KEY RATIOS
|
PARTICULARS |
|
|
31.03.2007 |
31.03.2006 |
|
PAT / Total Income |
(%) |
|
1.96 |
3.32 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
|
3.45 |
5.88 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
|
8.02 |
13.38 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
|
0.38 |
0.49 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
|
6.40 |
5.28 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
1.12 |
1.03 |
LOCAL AGENCY
FURTHER INFORMATION
Financial Results:
The Company has made net Profit before tax of Rs. 3.970 Millions in the
year 2006-2007 as against a profit of Rs. 3.862 Millions in the previous year
2005-06. The directors do not recommend declaration of any dividend keeping in
view the money to be ploughed in for operations of the company.
Operations:
Form the year 2000-01 the Company is undertaking fire fighting
maintenance contracts and labour contracts on behalf of the clients and is also
carrying out some fabrication work.
There has been a increased in the operations and the profit, the profit
have increased due to proper control and reduction in operating expenses. The
Directors are hopeful of increase in operations and better performance in the
current year.
Bankers Charges
Report as per Registry
|
This form is for |
Modification of
charge |
|
Charge
identification number of the modified
|
90149351 |
|
Corporate
identity number of the company |
U74999MH2001PTC130861 |
|
Name of the
company |
MONSHER FIRE PROTECTION SYSTEMS PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in India of the company |
214, Niraman Kendra, Dr. E Moses Road, Mahalaxmi (West),
Mumbai-400011, Maharashtra, India |
|
Type of charge |
Immovable
Property |
|
Particular of
charge holder |
Citizencredit Co-operative Bank Limited, Dadar Branch, Dr. Antonio Da
Silva High School Annexe, S.K. Bhole Road, Dadar (West), Mumbai-400028,
Maharashtra, India |
|
Nature of description
of the instrument creating or modifying the charge |
Memo of Further
Oral Assent |
|
Date of
instrument Creating the charge |
23.02.2007 |
|
Amount secured by
the charge |
Rs. 16.500
Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest To repay Bank
Guarantee. Overdraft at Interest@ 11% p.a. payable monthly, subject to change
as per Banks discreation. Terms of
Repayment On Demand.
Facility to be made available for 12 months, subject to review thereafter. Margin As per Sanction
Terms. Extent and
Operation of the charge As per Sanction
Terms. Others As per sanction
Terms. |
|
Short particulars
of the property charged |
Gala No. 14, 1st
Floor, Niram Kendra, Dr. E Moses
Road, Mahalxmi West, Mumbai-400011 |
|
Date of latest
modification prior to the present modification |
01.12.2006 |
|
Particulars of
the present modification |
To repay increase
in the Overdraft facility to Rs. 11.500 Millions at 11% p.a. interest,
subject to charge. Total outstandings along with Bank Guarantee and other
limits aggregates to Rs. 16.500 Million |
Fixed Assets:
·
Office Premises
·
Furniture and Fixture
·
Office Equipment
·
Computers
·
Motor Cars
·
Fax Machine
·
Mobile Phone
·
Software
As per website
History:
The Monsher Group,
is a wholly owned private limited concern, and managed with the help of a
professionally qualified team. The Group comprises of the flagship company, Monsher Fire Protection Systems Private Limited
that specializes in turnkey fire protection packages and Monsher
Fire Controls Private Limited that undertakes
the manufacture and export of fire protection equipment. Later additions, Monsher
Technologies Private Limited looks into
intelligent fire detection systems, high end security systems, passive fire
protection systems and intelligent building management systems and Esfire Engineering Consultants
specializes in project management consulting, life safety audits and risk
management analysis.
The latest addition to this bouquet is MONSHER SENJE (INDIA) FIRE EQUIPMENT PRIVATE LIMITED
MONSHER SENJE which was incorporated in April 2003 as the
marketing arm for the fire protection and fire fighting equipment manufactured
in China in collaboration with Guangzhou Panyu Shengjie Fire Equipment Co.
Limited
At the Monsher
Group they offer a host of strength and competitive advantages
and they strive to maintain the premier position in the fire protection
industry in India by incorporating the latest technologies to suit the
ever-changing customer needs. Primary among these are a wide range of critical
fire protection products and equipments manufactured at the Mumbai Works. Every
stage of production is up to the latest industry technology standards, and they
are consistently upgrading the own standards in reliability and sophistication
while maintaining the engineering perfection of these systems.
Projects:
India being one of the largest markets for movies
has resulted in the mushrooming of huge multiplexes all over the country.
Monsher has the distinction of protecting these facilities with sprinkler
system, intelligent addressable systems, passive system, gas suppression system
in reputed chains like Fun Republic, Imax Adlabs, Starcity, Globus
BPO & ITES:
IT has played an enormous role in the economic development
of India. The main aim of any IT related services like call centres, BPO,
backend offices and server rooms is zero downtime and protection of crucial
equipment.
Monsher's advanced gas suppression system and state of the
art intelligent fire detection system along with dry fire sprinkler system has
resulted in Monsher protecting some of the best IT companies, BPO outlets and
call centres such as Citibank, Cognizant Technologies, American Express, Citel
India, Ness Technologies, Countrywide Finance, Wipro and GE.
Monsher is a trusted solution for all these entities.
Banks, brokerage houses, Corporate HQ’s, Institutional
buildings and related financial services firms are among the many Monsher
customers who avail themselves of the range of fire engineering systems,
Electronic Security systems & Intelligent Building Automation Systems. The
reasons being obvious, Monsher’s quality, delivery commitments and cost
effective solutions are unmatched in the industry.
Monsher’s solutions for fire detection and alarm, security,
building management & fire suppression are utilized in buildings and
structures of every size and description. So be it the Citibank Building in
Mumbai, the Duncan House in Calcutta or an Information Technology park in
Bangalore, Monsher has the turnkey solution for you. Just as financial services
firms are trusted by their clients to maintain and protect their funds, they in
turn trust us to help protect their facilities. Monsher supports its products
with life-cycle support and service a nationwide distribution network.
Monsher also undertakes national accounts for maintenance,
retrofit and safety audit of such facilities.
The retail boom has hit India in a big way in the coming years.
The needs of the retail industry in terms of safety from fire, electronic
security & building management is enormous. In today's competitive market
place, the challenges for retailers are very straightforward: protecting people
and property, managing facilities efficiently, and controlling operating costs.
Monsher has the broad-based capabilities to help you accomplish all of those
objectives - and at the same time maximize the return on the investment. The
systems and integrated solutions - in fire detection & suppression,
security, intelligent building management- bring the latest technology to
malls, shopping centers, speciality stores, and other retail establishments.
Monsher has completed work at India's largest mall namely R Mall which houses
multiplexes, the country's biggest retail outlets like Big Bazaar, food courts
and more than 100 reputed brands. Monsher has also done major mall projects
like Globus Store, Fun Republic, Lifestyle Pheonix.
Hospitality :
Be it a trendy restaurant, banquet hall, discotheque,
bowling alley or a five star deluxe hotel, Monsher can provide high quality
solutions to their buildings in terms of fire safety, security, communications
& Intelligent building management systems. Monsher has done systems of every
nature based on international specifications from reputed architects &
consultants. Monsher has installed sprinkler systems, hydrant lines,
intelligent & conventional fire alarm systems to the hospitality industry.
The expertise in the field of life safety has extended beyond hotels to include
flight kitchens, holiday homes, time share resorts and amusement parks.
Monsher has worked with world class chains in India like
Sheraton, Intercontinental, Hyatt, Grand Hyatt, Lotus Suites, Holiday Inn, Taj,
Ambassador and the Park Group of Hotels
Monsher has carried out projects for several budget hotels,
motels & restaurants. The range of hand held fire appliances can be found
in thousands of restaurants in & around the country through the extensive
dealer network.
Monsher also undertakes national accounts for maintenance,
retrofit and safety audit of hotel facilities.
Commercial Complexes :
Having started 30 years ago doing most of the projects built
in Nariman Point- the country's premier financial center Monsher has expanded
its operations in this segment by completing large scale commercial complexes
in Delhi, Vizag, Pune, Nagpur, Bangalore and other metropolitan cities in
India. Monsher's experience in the commercial segment can be judged based on
the tailor made fire engineering solutions they have provided for corporate
centers, service estates, software parks and leisure centers.
The safety needs of the commercial industry pose different challenges
compared to the other segments. Besides human lives, there are huge amounts of
data, documentation and substantial investments that are at stake. The
expandable fire, building management & security systems provide the
customers- building owners, architects, consultants and corporate bodies with
flexibility for a perfect fit to their application. Monsher has installed
automatic sprinkler & hydrant systems, Multi Sensory detection systems,
conventional fire alarm systems, Public
Address systems, CO2 systems, FM 200 systems, and Fire Doors for
different kinds of commercial facilities however large or small.
Monsher has increased its scope of work to better serve this
industry by providing solutions in Building Management Systems, Security
Systems & Communication Systems.
The products and project solutions have been in use in
hundreds of commercial facilities in and around the country.
Government and Utilities
One of Monsher’s largest customers is the Indian
Government. These include public buildings, state houses, embassies,
electricity boards, telephone exchanges, public sector units & museums.
Protecting government facilities against fire & security
can be a daunting task. The public sector needs cost-effective solutions that
are able to withstand the varied requirements of these structures.
Monsher has successfully commissioned fire protection
systems, electronic security & building automation systems for government
facilities of very diverse kinds. The understanding of this sector has driven
us to design systems that are easy to operate, require minimal maintenance
& those that can be expanded to accommodate the growing needs. Monsher
offers single point contact for all government applications. They understand
local, national and international building codes and the importance of adhering
to the decision-making and acquisition process. The broad portfolio of
capabilities also includes the ability to integrate fire safety, security &
Intelligent building management systems to a single point of control.
Monsher
also undertakes national accounts for maintenance, retrofit and safety audit of
government facilities.
Monsher has been chosen to overall the entire fire safety
system for the US Embassy in Mumbai.
Education :
Fire protection in educational institutions has been a more
recent phenomenon mainly driven by the shift to high rise facilities and
extensive application of computers. Meeting the building protection and
communication needs of educational facilities and institutions is a particular
Monsher strength by providing total solutions in fire protection engineering to
computer labs, school auditoriums, university campuses, student housing, hostel
accommodation and class room buildings.
You'll find Monsher systems at work in elementary schools,
high schools, colleges and universities. Whether it is a single building or a
multi-building campus, they can provide integrated solutions in the field of
fire, security & building automation.
The ability to provide complete life safety and communication
systems is valued by the customers, who look to Monsher to design, engineer,
install and implement facility-wide solutions backed by a lifetime of service
and support. The unique understanding of local and national codes for education
applications - combined with the practical experience and single-source
capabilities for fire, security, building management systems puts Monsher at
the head of the class.
Health Care
Monsher has been serving the health care industry
for approximately two decades. The safety needs of the health care industry are
different in many respects. The primary problem being the high risk involved in
evacuating patients during a fire emergency. Monsher has consistently
improvised on its systems to better serve this industry. Hospitals, small
clinics, Imaging & Testing Centers, Nursing homes have constantly
approached us for solutions from fire.
Monsher has installed automatic sprinkler & hydrant
systems, CO2 systems, Multi Sensory detection systems, conventional
fire alarm systems, Public Address systems and FM 200 systems for the health
care industry in as diverse facilities as MRI scanning rooms to operation
theaters, laboratories and intensive care units.
Monsher has increased its scope of work to better serve this
industry by providing solutions in Building Management Systems, Security
Systems & Communication Systems.
Some of the turnkey fire engineering solutions executed by
them for the clients include the Tata Memorial Hospital, the Bombay Hospital
& the KEM Hospital.
The products and project solutions have been used in
hundreds of smaller health care facilities in and around the country. Monsher
has also provided solutions to the pharmaceutical, biotechnology and other
health care related industries.
Monsher has the experience & skills needed to deliver
turnkey solutions in fire, building management, security , and communications
in order to improve facility efficiency, effectiveness & most important of
all patient safety.
Airports :
Having delivered turnkey fire protection engineering
solutions to the Indira Gandhi International Airport in New Delhi & the CST
International Airport in Mumbai, Monsher has the experience in working with
national & international transportation and infrastructure customers who
want advanced solutions & life cycle support for their businesses. Monsher
has also the expertise in retrofit activities in these sectors having completed
projects for fully functional airports.
Systems that have been designed for these projects include
Halon, CO2, Intelligent Analogue Addressable detection, Hydrant,
& Quick Response Sprinkler Systems.
Monsher has delivered solutions to Cargo complexes, port
trust authorities, warehouses, Railway Authorities & Naval Dockyards.
Monsher now offers solutions that cater to security, building management &
facility communications besides fire.
Monsher realizes the importance of a safety system in this
sector, where enormous amounts of investments, inventory and man-power are at
stake.
Monsher also undertakes national accounts for maintenance,
retrofit & safety audit of such facilities.
Monsher has recently completed the Bhuj international
airport in earthquake prone, Bhuj in Gujurat state
Defence :
Monsher has been serving the defense industry in India
for nearly twenty-five years. Monsher has provided solutions to the Armed
Forces, Naval Forces & the Indian Air force. The defense forces have very
high expectations in terms of quality of fire protection systems incorporated
in their structures. The reasons being obvious: expensive equipment, highly
sensitive documents & trained manpower. Given this fact, one of Monsher's
biggest customers is the defense industry. Monsher has installed systems of all
kinds on their facilities. Some of these systems include Gas suppression
systems, Multi Sensory detection systems, Water based systems, foam systems and
technology savvy security systems. Monsher has offered solutions to this sector
all over the country. Monsher has successfully completed projects for the defense
in Vizag, Pune, Lonavala, Dehu, Karanja & Bhopal. Some of the structures
protected are air force stations, residential quarters for the armed forces,
data processing centers, naval dock yards, Technical Centers, Research wings,
Auditoriums and military establishments.
Monsher is proud to serve the armed forces of the country.
Residential :
Having started 30 years ago doing projects in the posh
residential areas of Cuffe Parade & Nepean Sea Road in Bombay, Monsher has expanded
its operations in this segment by completing housing complexes in Delhi, Vizag
, Pune, Nagpur, Bangalore and other metropolitan cities in India. Monsher has
been awarded one of the largest residential fire protection engineering
contracts in India- The NRI complex, Navi Mumbai consisting of 47 multistoreyed
buildings.
The safety needs of the housing industry are different in
many respects. Statistically it has been proven that residential fires usually
start when the owners are a sleep or are away from their homes. This makes it
extremely dangerous in multistoreyed buildings where fires spread more rapidly
and other occupants are caught unaware.
Monsher has consistently improvised on its systems to better
serve this segment. Posh Residential towers, Corporate housing, Huge
Residential complexes and even beach houses have constantly approached them for
solutions from fire, building management & electronic security. Monsher has
installed automatic sprinkler & hydrant systems, Multi Sensory detection
systems, conventional fire alarm systems, Public Address systems and Fire Doors
for different kinds of structures however large or small.
Monsher has increased its scope of work to better serve this
industry by providing solutions in Building Management Systems, Security
Systems & Communication Systems.
The products and project solutions have been in use in
hundreds of residential facilities in and around the country.
Industries :
In industrial settings, the goal of the clients is
to keep their operation running without any production halts due to fire. Any
kind of disruptions can lead to serious set backs to their bottom lines.
Industrial fire protection thus poses a variety of
challenges. Firstly & most importantly industries often carry enormous
combustible inventory. Secondly at any given time there is a lot of manpower
present in the facility. Hence fire & security pose a major threat. Monsher
has been successful at providing cost-effective solutions in turnkey fire
protection engineering to industries across the country however large or small,
and in virtually every industrial sector. Monsher has done extremely complex
systems to fit the needs of different types of industry. The analysts study the
entire plant processes, storage locations, types of materials being handled in
order to suggest a suitable system. Monsher has the expertise in commissioning
foam, halon, CO2, FM 200, sprinkler, hydrant, fire detection,
security, communications & intelligent building management systems. So be
it a CO2 system for the paint booth, a FM 200 for the computer
center, sprinklers for warehouses or hydrants on the shop floor Monsher can
provide custom designed solutions. Monsher has done textile plants, automobile
plants, petrochemical plants, plastic units, information technology parks,
industrial estates and aeronautic plants.
Some of the clients in this segment include the Gas
Authority of India Limited (GAIL), Sanghi Polyesters, Mahindra & Mahindra,
Hindustan Aeronautics Limited, Hindustan Levers, NIIT, Silverline Industries,
Colgate Palmolive and a host of others.
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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.94 |
|
UK Pound |
1 |
Rs.72.08 |
|
Euro |
1 |
Rs.64.70 |
SCORE & RATING
EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
|
45 |
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 |
|