MIRA
INFORM REPORT
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Report Date : |
31.12.2008 |
IDENTIFICATION DETAILS
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Name : |
ALLIENS INFRATECH PRIVATE LIMITED |
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Registered Office : |
Plot No. 56 and 57, Vittal Rao Nagar,
Madhapur, Hydedrabad-500081, Andhra Pradesh |
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Country : |
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Date of Incorporation : |
02.01.2008 |
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Com. Reg. No.: |
056923 |
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CIN No.: [Company
Identification No.] |
U45200AP2008PTC056923 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
HYDA08923F |
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PAN No.: [Permanent
Account No.] |
AAGCA7239Q |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Construction Activity |
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 of Alliens Group, a fastest
growing construction group at The company intends to go for infrastructural development projects. The group claims to have Rs. 50000.000 Millions orders in hand with a land bank of 2000 acres. No payment are available. Initially, subject can be considered for any business dealings on safe and secured trade terms and conditions. |
LOCATIONS
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Registered Office : |
Plot No. 56 and 57, Vittal Rao
Nagar, Madhapur, Hydedrabad-500081, |
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Tel. No.: |
91-40-336666 |
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Mobile No.: |
91-9966234055 |
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E-Mail : |
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Website : |
DIRECTORS
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Name : |
Mr. Hari Challa |
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Designation : |
Managing Director |
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Address : |
Flat No. 910, Teja Block, My Home Navadeepa Apartments,
Madhur, Hyderabad-500081, |
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Date of Birth/Age : |
14.11.1978 |
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Name : |
Mr. Venkat
Prasanna Challa |
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Designation : |
Joint Managing
Director |
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Address : |
Flat No. 910, 9th Floor, Teja Block, My Home
Navdweep Apartments, Madhapur, Hyderabd-500081, |
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Date of Birth/Age : |
08.12.1979 |
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Name : |
Mr. K.S. Raju |
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Designation : |
Director |
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Name : |
Mr. Naveen Mypala |
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Designation : |
Director |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 25.03.2008
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List of
Allottees |
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No. of Shares Allotted |
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Aliens Developers
Private Limted |
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990000 |
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Total |
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990000 |
BUSINESS DETAILS
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Line of Business : |
Construction Activity |
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GENERAL INFORMATION
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Bankers : |
Syndicate Bank, Plot No. 66A, Journalist Colony, Jubilee
Hills, Hyderabad-500033, |
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Banking
Relations : |
Satisfactory |
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Group Companies : |
Aliens Group Infra Private Limited U45200AP2004PTC044569 Aliens
Developers Private Limited: U70102AP2006PTC049552 |
CAPITAL STRUCTURE
Authorised
Capital :
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No. of Shares |
Type |
Value |
Amount |
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1500000 |
Equity Shares |
Rs. 10/-
each |
Rs. 15.000
Millions |
Issued,
Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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Not Available |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
No financials are available, as the subject is a new company.
LOCAL AGENCY FURTHER INFORMATION
Bankers Charges
Report as per Registry
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This form is for |
Creation of
charge |
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Corporate
identity number of the company |
U45200AP2008PTC056923 |
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Name of the
company |
ALLIENS INFRATECH PRIVATE LIMITED |
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Address of the
registered office or of the principal place of business in |
Plot No. 56 and 57, Vittal Rao
Nagar, Madhapur, Hydedrabad-500081, |
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Type of charge |
Book Debts |
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Particular of
charge holder |
Syndicate Bank, Plot No. 66A, Journalist Colony, Jubilee
Hills, Hyderabad-500033, |
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Nature of
description of the instrument creating or modifying the charge |
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Date of
instrument Creating the charge |
03.04.2008 |
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Amount secured by
the charge |
Rs. 55.000
Millions |
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Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest Interest is 14.5% Terms of
Repayment Repayment not
applicable because Sod for working capital. It is brought to credit atleast
once in a year Margin 40% Extent and
Operation of the charge The charge is
applicable to the extent of Rs. 55.000 Millions i.e. 100% of the loan amount |
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Short particulars
of the property charged |
Hypothecation of
Book Debts as on 31.03.2009 valued at Rs. 82.100 Millions |
AS PER WEBSITE
BACKGROUND:
About the Company:
Aliens Infratech Private Limited was incorporated in January 2008. The
company represents Aliens Group’s foray into the Infrastructure segment, in
line with the vision of bringing about an urban revolution. They have a robust
team in place, and are capable of handling sizeable projects in infrastructure
including large building structures, irrigation canals, roads and heavy civil
construction. The ongoing mega residential projects, ranging from 20 to 30 floor
residential complexes, also illustrate the capability of the organization in
handling large projects. Aliens Infratech is ready to take the giant leap in
infrastructure.
About the Group
Company:
Aliens Group Infra Private Limited:
A promoter group company, it was incorporated in November 2004 and started operations from 2005 in the residential segment. It has successfully executed 2 projects, the second one being in the final stages of handing over.
Aliens Developers
Private Limited:
Promoted in March 2006 by Mr.Hari
Challa and Mr.Venkat Challa, the company focuses on the residential and
commercial segment. The promoters entered this business in the year 2003
through a partnership firm by name Aliens Group Constructions and later through
the other group company Aliens Group Infra Private Limited Buoyed by the
experience and success of 5 projects of various sizes in the first 5 years, the
promoters envisioned the mega project Space Station 1. And the overwhelming
response this project received, encouraged the promoters to envisage Space
Station 2 and Aliens Hub, in the upcoming New Hyderabad in the Shamshabad zone.
CORPORATE:
Aliens Group is a construction and infrastructure company headquartered
in
They are Young, They Dream Big. In a short span of four years, Aliens
group is amongst the Top Tier among Real Estate Players in
In the endeavour
towards achieving the vision of ‘urban revolution’, Aliens group is creating an
institution that thrives in a ‘leading by speed’ environment with a passion for
growth through customer delight.
TEAM:
Founded in 2004 by two young visionaries, Hari Challa and Venkat Challa,
the company has grown rapidly to its current strength of over 500 employees.
They have a robust team in place, with industry stalwarts and professionals
from the best institutes and companies in the country.
They have a robust team in place, with industry stalwarts and
professionals from the best institutes and companies in the country. A mix of
IIM graduates and Engineering specialists, the team boasts of a collective
ocean of experience in multinationals like Reckitt Benckiser, Saint Gobain,
Deloitte Consulting, Colgate, HLL and real estate giants like Unitech and
Nagarjuna Construction Company.
Mr. Hari Challa, MD
Young and forward thinking, Mr. Hari Challa is a Pilot by Profession
with a keen sense of direction and a hands-on business acumen with strong
emphasis application of technological advancements and sophistications to urban
living. Mr. Hari has successfully established “Aliens Group” and in a short
span of time built an enviable track record & Brand Equity for the Group.
His efforts have resulted in creating a corporate body that is developing
properties of global standards against the other industry giants.
Mr. Venkat Challa, JMD
Mr. Venkat Challa, armed with an M.B.A, has exceptional interpersonal and
managerial skills, and is instrumental in transforming the vision of the
company into reality. A hardcore professional with a keen eye for detail, he is
responsible for successful completion of the first 5 Projects of Aliens group
in
Mr. K.S. Raju, Director
M. Com, MBA, Ex-CEO of Nagarjuna Construction Company Limited
He has 34 years of rich and varied experience in in APSSIDC Limited, Larsvin
Engineers Private Limited, M & M Cocoa Products Private Limited, and
Nagarjuna Constructions; was instrumental in establishing these companies in
their field of operations.
Mr. Naveen Mypala, Director
Mr. Naveen Mypala, a commercial pilot, is a director in the company and a continuous
source of inspiration. He plays an instrumental role as one of the strategic
planners of the organization and brings with him a diverse perspective to the
organisation in today's competitive environment.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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.48.50 |
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1 |
Rs.70.02 |
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Euro |
1 |
Rs.67.95 |
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 |
5 |
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OPERATING SCALE |
1~10 |
- |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
- |
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--PROFITABILIRY |
1~10 |
- |
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--LIQUIDITY |
1~10 |
4 |
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--LEVERAGE |
1~10 |
5 |
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--RESERVES |
1~10 |
- |
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--CREDIT LINES |
1~10 |
4 |
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--MARGINS |
-5~5 |
- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
YES |
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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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21 |
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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