MIRA
INFORM REPORT
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Report Date : |
17.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
NSP HOSPITECH INDIA PRIVATE LIMITED |
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Registered Office : |
A – 160, Second Floor, Vikas Marg, Shakarpur, New Delhi – 110092 |
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Country : |
India |
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Date of Incorporation : |
09.09.1997 |
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Com. Reg. No.: |
55 - 89512 |
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CIN No.: [Company
Identification No.] |
U51505DL1997PTC089512 |
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PAN No.: |
AAACN5450C |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Trader of Installation of Medical Gas Pipeline. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Small Company |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is a relatively small company meeting its smaller commitments
timeously. Trade relations are fair. Business is active. The company can be considered good for small to mediocre business
dealings. |
INFORMATION PARTED
BY
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Name : |
Mr. Sushanto Bakshi |
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Designation : |
Director |
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Contact No.: |
91-9911344768 |
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Date : |
16.07.2008 |
LOCATIONS
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Registered Office : |
A – 160, Second Floor, Vikas Marg, Shakarpur, New Delhi – 110092,
India |
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Tel. No.: |
91-11-22521862/ 41603605 |
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Mobile No.: |
91-9818534404 |
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Area : |
300 Sq. Yard |
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Location : |
Owned |
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Factory : |
J – 1935, C R Park, New Delhi – 110019, India |
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Tel. No.: |
91-11-41603605 |
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Fax No.: |
91-11-41603605 |
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Branches : |
27, S S Bylane, Silpukhuri, Guwhati – 781003 |
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Mobile No.: |
91- 9435198139 |
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Location : |
Rented |
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Branches : |
20/4, Kalibari Lane, Jadavpur – 700032 |
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Mobile No.: |
91-9831404431 |
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Location : |
Rented |
DIRECTORS
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Name : |
Mr. Pradeep Benerji |
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Designation : |
Director |
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Address : |
J – 1935, C R Park, New Delhi – 110019, India |
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Date of Birth/Age : |
52 Years |
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Qualification : |
M. Tech |
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Date of Appointment : |
23.04.2001 |
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Name : |
Mr. Sushanto Bakshi |
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Designation : |
Director |
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Address : |
940, Sarshwati Vihar, Gurgaon – 122 002, Haryana, India |
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Date of Birth/Age : |
40 Years |
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Qualification : |
M. Tech |
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Name : |
Mr. S K Bangabash |
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Designation : |
Director |
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Address : |
C – 47/24, Dilsad Garden, Delhi – 110095, India |
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Date of Birth/Age : |
53 Years |
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Qualification : |
B.Sc |
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Date of Appointment : |
02.12.1998 |
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Name : |
Mr. Debashosh Dhar |
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Designation : |
Director |
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Address : |
GH – 9/316, Paseluim Vihar, New Delhi, India |
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Date of Appointment : |
02.12.1998 |
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Name : |
Mr. Partha Dash |
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Designation : |
Director |
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Address : |
1312, Maruti Vihar, Gurgaon – 122 002, Haryana, India |
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Date of Appointment : |
02.12.1998 |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
As on 29.09.2005
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Names of Shareholders |
No. of Shares |
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Mr. Sushanto Bakshi |
6820 |
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Mr. S K Bangabash |
6820 |
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Mr. Debashosh Dhar |
6820 |
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Mr. Partha Dash |
20 |
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Total |
20480 |
BUSINESS DETAILS
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Line of Business : |
Trader of Installation of Medical Gas Pipeline. |
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Products : |
v Central Medical
Pipeline System v ICU Ventilator v Multipara
Monitor v ECG Machine v Anesthesia
Workstation v Operation
Theatre Cladding v Laminar Air Flow v Medical Gas
Pipeline Management |
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Terms : |
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Selling : |
Advance on delivery and after Competition ( 10 – 60 days) |
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Purchasing : |
Credit ( 30 days) |
GENERAL
INFORMATION
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Customers : |
End Users |
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No. of Employees : |
Total: 19 ( Office : 10, Branch – I : 4, Branch – II : 5) |
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Bankers : |
Union Bank of India Chawari Bazaar |
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Facilities : |
OD Limit – Rs. 3.500 millions |
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Banking
Relations : |
Satisfactory |
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Auditors : |
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Name : |
Mr. Anand Chartered Accountants |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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2,50,000 |
Equity shares |
Rs. 10/- each |
Rs. 2.500 millions |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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20,480 |
Equity shares |
Rs. 10/-
each |
Rs. 0.204
million |
FINANCIAL DATA
[all figures are in Rupees Millions]
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Particulars |
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31.03.2008 |
31.03.2007 |
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Sales Turnover |
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100.000 |
40.000 |
LOCAL AGENCY
FURTHER INFORMATION
Trade References
v
N P Jindal Hospital - Hisser
v Noida Medical Centre
v Subharti Medical College and Hospital – Merut
As Per Website Details
Subject was
incorporated as a Private Limited company in the year 1997 - 1998 and began its
operation from Delhi as a health care service company specializing in the area
of Medical Gas Pipeline Management.
In the last 10 years, the company has created a niche for
itself in its field of specialization and has more than 500 successful
installations to its credit. Manned by a core team of technically qualified and
committed workforce, the company has adopted modern management practices to
remain at an edge in the competitive market. For all its work competence and
adherence to modern management practices, the company has been awarded an ISO 9001 - 2000 Certification.
The company has also diversified into the business of
medical equipment and providing specialized medical support services like
operation theatre cladding, laminar air flow and supply of imported OT light
and table, ambulance, etc.
In the category of medical equipments, the company has tied
up with very reputed companies like GE Medical (USA), ResMed (Australia),
amongst others.
Future Direction, New Geographical Areas
The company views the future of the health care sector as a
promising one and hopes to create a business model competent enough to charter
a very healthy growth rate.
The company has outlined a future direction which envisages
business engagement in the medical infrastructure including medical consumables
and technology intensive medical equipments. Geographically, the company is
planning to enter the Southern, Central and Eastern parts in the coming
financial year. The company also views the Afro-Asian circuit as a major health
care business area and is actively drawing up a strategy to enter this zone.
Some Important Projects Executed by The Company
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Rajendra Prasad Institute of Medical Science
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Patna Medical College Hospital
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Indira Gandhi Institute of Cardiology
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Subharti Medical College and Hospital
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National Medical College and Hospital, Nepal
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N.C. Jindal Hospital
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B. Barua Cancer Hospital
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Noida Medical Centre with Escorts Heart Inst.
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Sija Hospital, Imphal
v
Agroha Medical College and Hospital
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 :
The 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.
The 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. 43.17 |
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UK Pound |
1 |
Rs. 86.46 |
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Euro |
1 |
Rs. 68.68 |
SCORE & RATING
EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
4 |
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PAID-UP CAPITAL |
1~10 |
4 |
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OPERATING SCALE |
1~10 |
4 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
5 |
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--PROFITABILIRY |
1~10 |
3 |
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--LIQUIDITY |
1~10 |
4 |
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--LEVERAGE |
1~10 |
4 |
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--RESERVES |
1~10 |
4 |
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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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36 |
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, they have no basis upon which to
recommend credit dealings |
No Rating |
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