MIRA
INFORM REPORT
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Report Date : |
10.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
DALIMIT ASSOCIATES PRIVATE LIMITED |
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Registered Office : |
269-A, Linking Road, Bandra (West), Mumbai – 400050, Maharashtra |
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Country : |
India |
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Date of Incorporation : |
29.12.2006 |
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Com. Reg. No.: |
166627 |
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CIN No.: [Company
Identification No.] |
U93090MH2006PTC166627 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
MUMD15798G |
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PAN No.: [Permanent
Account No.] |
AACCD5209K |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Subject to provide services related to immigration to foreign
countries, availing visa, obtaining passport, availing air ticket services,
admission to foreign university collage or any other educational institutes. |
RATING &
COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Mr. Chetan of the company denied business and financial details. The tall claims on the web could not be verified. No payment are known. The company can be considered for any business dealings on safe and
secured trade terms and conditions. |
INFORMATION
DECLINED BY
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Name : |
Mr. Chetan |
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Designation : |
Administrator |
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Date : |
30.06.2008 |
LOCATIONS
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Registered Office : |
269-A, Linking Road, Bandra (West), Mumbai – 400050, Maharashtra,
India |
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E-Mail : |
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Corporate Office : |
M11-12A, Jolly Arcade, Ghod Dod Road, Surat – 395007, Gujarat, India |
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Tel. No.: |
91-261-3053617/ 3241670 |
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Mobile No.: |
91-9825106789/ 9327923056 |
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Fax No.: |
91-261-3053617 |
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E-Mail : |
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Website : |
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Training Centre Office : |
M 17-18, Jolly Arcade, Ghod Dod Road, Surat – 395007, Gujarat, India |
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Franchises Offices : |
Bharuch Bharuch, Gujarat, India Navsari Sunshine, Complex, Nr. Ashanagar Circle, Navsari – 396445, Gujarat,
India Tel No.: 91-2637-281772/73 Email : navsari@dalimit.com |
DIRECTORS
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Name : |
Mr. Dushyant Bachkaniwala |
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Designation : |
Director |
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Address : |
301, Navkruti Apartment, Surat – 395007, Gujarat, India |
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Date of Birth/Age : |
07.07.1977 |
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Name : |
Mrs. Bhumika Bachkaniwala |
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Designation : |
Director |
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Address : |
301, Navkruti Apartment, Athwalines, Surat – 395007, Gujarat, India |
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Date of Birth/Age : |
23.11.1979 |
KEY EXECUTIVES
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Name : |
Mr. Dushyant Bachkaniwala |
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Designation : |
Founder and Director |
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Name : |
Mrs. Bhumika Bachkaniwala |
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Designation : |
Founder and Executive Director |
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Name : |
Mr. Chetan Prajapati |
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Designation : |
Administrator |
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Name : |
Mr. Dipesh Tailor |
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Designation : |
Business Development Officer |
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Name : |
Mr. Mukesh Visa Consultant |
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Designation : |
Migration Visa Consultant |
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Name : |
Mr. Avni Ahuja |
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Designation : |
Faculty Foreign Exam |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
(As on 17.07.2006)
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Names of Shareholders |
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No. of Shares |
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Mr. Mr. Dushyant Bachkaniwala |
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6000 |
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Mr. Bhupendra Bachkaniwala |
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500 |
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Mrs. Isitsad Bachkaniwala |
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500 |
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Mrs. Bhumika Bachkaniwala |
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3000 |
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Total |
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10000 |
BUSINESS DETAILS
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Line of Business : |
Subject to provide services related to immigration to foreign
countries, availing visa, obtaining passport, availing air ticket services,
admission to foreign university collage or any other educational institutes. |
GENERAL
INFORMATION
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Bankers : |
Not Available |
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Banking
Relations : |
Unknown |
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Auditors : |
Not Available |
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Associates/Subsidiaries : |
Universities of
UK
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CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100 Million |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100 Million |
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FINANCIAL DATA
[all figures are in Rupees Millions]
No financials are available since incorporation from any sources.
LOCAL AGENCY
FURTHER INFORMATION
Website Details:
Profile
Subject is a
professionally managed company associated with various aspects of education in
the USA, United Kingdom, Canada,
Australia, New Zealand, Cyprus and Greece. They began operations in 1999
and represent several of World finest institutions, to which they have
successfully admitted a number of high-caliber students. Their office,
centrally located in a prime area in Surat (Gujarat), provides free and easy
access. The atmosphere is comfortable and conducive to study and research.
They know that the educational choices make as a student
have an enormous impact on the future career. Their counselors are experienced,
knowledgeable and approachable.
List of University:
- USA
- UK
- Australia
- Canada
- Europe
- Newzealand
- Singapore
CMT REPORT (Corruption,
Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE
GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.43.13 |
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UK Pound |
1 |
Rs.85.02 |
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Euro |
1 |
Rs.67.77 |
SCORE & RATING
EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
2 |
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PAID-UP CAPITAL |
1~10 |
2 |
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OPERATING SCALE |
1~10 |
- |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
- |
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--PROFITABILIRY |
1~10 |
- |
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--LIQUIDITY |
1~10 |
2 |
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--LEVERAGE |
1~10 |
- |
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--RESERVES |
1~10 |
- |
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--CREDIT LINES |
1~10 |
1 |
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--MARGINS |
-5~5 |
- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
NO |
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TOTAL |
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7 |
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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