MIRA
INFORM REPORT
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Report Date : |
25.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
SOFTEL SOLUTIONS PRIVATE LIMITED [w.e.f. 12.03.2003] |
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Formerly Known As : |
SOFTEL MARKETING PRIVATE LIMITED |
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Registered Office : |
HS - 31 Kailash Colony, Greater Kailash Market, Part I, New Delhi |
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Country : |
India |
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Date of Incorporation : |
23.06.2000 |
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Com. Reg. No.: |
55-106461 |
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CIN No.: [Company
Identification No.] |
U51109DL2000PTC106461 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
DELS20403F |
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PAN No.: [Permanent
Account No.] |
AAHCS4736K |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Provide Service in to Software Development, DATA Communications,
Telecommunications and Internet Technology.
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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 : |
Moderate |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
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Comments : |
Subject is a 8 years old company but has not filed any financials with
the Government Departments till date. The management parted general
information but declined to part with financials. Trade relations are fair.
Payments are reported as slow but correct. The company can be considered for small to mediocre business dealings
with slight caution, initially. |
INFORMATION PARTED
BY
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Name : |
Mr. Pushpinder Singh |
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Designation : |
Director |
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Contact No.: |
91-9810128147 |
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Date : |
24.07.2008 |
LOCATIONS
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Registered Office : |
HS - 31 Kailash Colony, Greater Kailash Market, Part I, New Delhi -
110048, India |
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Mobile No.: |
91-9810128147 |
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E-Mail : |
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Website : |
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Area : |
5000 sq. ft. [Owned] |
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Head Office : |
D-714, Lower Ground Floor C R
Park ,New Delhi – 110019, India |
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Tel. No.: |
91-11- 26278264 |
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Fax No.: |
91-11- 26277299 |
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E-Mail : |
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Branches : |
Located at :
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DIRECTORS
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Name : |
Mr. Raj Kumar Kashyap |
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Designation : |
Director |
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Address : |
7/143, Ambedkar Nagar, Sector – 6, New Delhi, India |
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Date of Appointment : |
21.06.2000 |
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Name : |
Mr. Ramanjot Singh Juneja |
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Designation : |
Director |
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Address : |
E – 8, Greater Kailash, Enclave – II, New Delhi – 110048, India |
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Date of Appointment : |
21.06.2000 |
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Name : |
Mr. Anil Kumar |
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Designation : |
Director |
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Address : |
230, Hamyupur, S. J. Enclave, New Delhi, India |
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Date of Appointment : |
21.06.2000 |
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Name : |
Mr. Praveen Singh |
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Designation : |
Director |
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Address : |
H – 464, Rajinder Nagar, New Delhi, India |
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Date of Appointment : |
10.11.2002 |
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Name : |
Mr. Pushpinder Singh |
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Designation : |
Director |
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Address : |
E – 8, Greater Kailash, Enclave – II, New Delhi – 48, India |
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Date of Birth/Age : |
36 Years |
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Qualification : |
MBA |
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Date of Appointment : |
10.11.2002 |
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Name : |
Mr. Davindra Kaur |
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Designation : |
Director |
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Address : |
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Date of Birth/Age : |
33 Years |
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Qualification : |
MBA |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
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Names of Shareholders |
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No. of Shares |
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Mr. Raj Kumar Kashyap |
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1 |
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Mr. Ramanjot Singh Juneja |
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1 |
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Mr. Anil Kumar |
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1 |
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Total |
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3 |
BUSINESS DETAILS
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Line of Business : |
Provide Service in to Software Development, DATA Communications, Telecommunications
and Internet Technology. |
GENERAL
INFORMATION
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Customers : |
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No. of Employees : |
30 |
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Bankers : |
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Auditors : |
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Name : |
Mahesh Sharma and Company Chartered Accountants |
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 |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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3 |
Equity Shares |
Rs. 1000/- each |
Rs. 0.003
Million |
FINANCIAL DATA
[all figures are in Rupees Millions]
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Particulars |
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31.03.2008 |
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Sales Turnover |
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35.000 |
LOCAL AGENCY
FURTHER INFORMATION
Bankers Charges
Report as per Registry
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Corporate
identity number of the company |
U51109DL2000PTC106461 |
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Name of the
company |
SOFTEL SOLUTIONS PRIVATE LIMITED |
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Address of the
registered office or of the principal place of business in India of the company |
HS - 31 Kailash Colony, Greater Kailash Market, Part I, New Delhi |
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This form is for |
Creation of
Charge |
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Type of charge |
Hypothecation
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Particular of
charge holder |
The Jammu and Kashmir Bank Limited, Hyderabad, Andhra Pradesh, India |
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Nature of
instrument creating charge |
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Date of
instrument Creating the charge |
20.03.2006 |
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Amount secured by
the charge |
Rs. 1.500
Millions |
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Brief of the
principal terms an conditions and extent and operation of the charge |
Interest @ 13 %
p.a. on monthly basis, charged on daily balance |
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Description of
the property charged indicating whether it is a charged on |
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AS PER WEBSITE
Company Overview
Subject is a end-to-end network systems integrator is a provider
of high end Internetworking and Internet Security Services to the corporate,
offering consultancy and support services in planning, design, implementation
and maintenance of networks and services that span the network infrastructure
such as Security, Disaster Recovery and Facilities Management.
In addition, subject has access to a large number of scarce
resources in the form of Cisco Certified Internetworking experts, Checkpoint
Security and other IT infrastructure management skills. They are working to leverage their undoubted technical and
managerial expertise to build a strong network infrastructure technology
services company.
Alliances
- Cisco Registered Partner
- WIPRO Business Associate
- Huawei 3 Com Certified Partner
- Watchguard Expert Partner
- NetDevice Partner
- Nokia Partner
- Netgear Partner
- Websense Partner
- Molex Certified Installer
- Patchlink Partner
- Veritas Enterprise Partner
- Radware Partner
- Tandberg Data Storage Specialist
- Portwise Partner
- Hitachi Data Systems Partner
- NetIq Partner
- HP Partner
- Audio Codes Partner
- IBM Partner
- Back Up Connect
- Dlink Partner
- Adventnet Partner
- ISS Channel Partner
- Juniper Networks Partner
- LANEX S.A. Distributor
- Quantum Storage Partner
- Trend Micro Partner
- Symantec Partner
- McAfee Partner
- Motorola Canopy Solution Provider
- Welltech VOIP Distributor
- AAxeon Technologies Inc.
Case
Studies - Partial
Projects Handled:
Implemented Voice Over IP
solution (VOIP) for a Fortune 500 Indian Oil company, distributed over 260
locations throughout India over VSAT, all the remote sites have 2 port FXS
gateways and each location can talk to other location via a central gateway.
Have managed a 400 seat Voice
BPO for the 2nd largest GSM operator in India, 24x7, supporting the BPO on
Linux Firewalls, WAN Administration, Server Administration, Exchange Server,
Network Management, Desktop Management, Helpdesk, Electrical Management, Power
Conditioning Management.
Have liaison with BSNL and set
up 120 port RAS on Router for a leading VSAT ISP in India.
Implemented QOS (Quality of
Service) tool for Bandwidth shaping at Gateway level for a leading software
development house. Managing Voice, FTP, HTTP and messaging through QOS tool.
Implemented Oracle RDBMS for a
leading Fortune 50 company at India Headquarter and Plant implemented Payroll
module using Oracle RDBMS at Plant.
Implemented Information security
at Gateway, Server and Individual level for a 250 node network-one of the
critical units of Indian Army, covering Military headquarters and South Block.
Managed the Entire LAN/WAN for a
Fortune 500 Telecom company, having R&D and marketing offices in India,
managing their 200 node network of Windows, Solaris, Linux workstations. Administration
of Sun Servers, Windows, Linux Server, Helpdesk, Management of Bandwidth on LAN
Ports and at Gateway level. Coordinating with the US office for online support
to US office. Data storage management through back up scheduling tools into NAS
and Secondary back up media.
Deployment of IT infrastructure
for world's no. 1 Telecom OEM in 7 states across India.
Designed the arial and
underground fiber network of 60 Kms for a leading Power Projects company in
Central India, along with supplies of Fiber to RS 485 in ring topolgy and
terminations.
Implemented Network cabling of
400 nodes for a security company in India.
Basic Services
Enterprise Networking - Focus Areas
- Converged
Technologies
- Security
- Network Management
Facilities Management Services
Benefits
Skills Profile
IT Security Consulting
IT Security Management
Security Critical Component Mgmt. Services
Enterprise Networking - Services
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Consultancy
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Implementation
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Operations Support
Technical Strengths
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Internetworking
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Network Security
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Systems Planning
Security Intelligence Services
Security Application Management
Services
Security Analytics Services
Services
Softel's Services primarily cover the spectrum of
communications infrastructure needs of modern corporate clients. In this area,
Softel has developed service offerings aimed at easing the transition of
organisations into the Internet age. But in addition to this, Softel also has
service offerings aimed at supporting the entire IT infrastructure of a
business.
Enterprise Networking - Focus Areas
Softel is at the forefront of conceptualization, design,
implementation and support of converged network technologies. They believe that
converged networks will be implemented by tele-commmunications companies,
private and public enterprise worldwide over the next 2-5 years. This will
result in the convergence of all communications technologies over a single
infrastructure based on the Internet Protocol. By focusing on this trend in
this early stage they are positioning themselves as the leaders in this field.
The drive towards e-business and e-commerce means that the
security of private information within an enterprise is more critical than
ever. Softel specializes in the design, implementation and support of complex
information security systems.
They can provide on-site or remote network management
services. To minimize downtime and disruption they can clear faults remotely by
diagnostic tests or fixes and tracking system maintenance or bottlenecks.
Proactive monitoring and real time solutions with the use of E-support provide
constant health checks to ensure performance gaps do not develop.
Enterprise Networking - Services
Softel can offer objective solutions that deliver measurable
benefits to the business. With their global perspective they can benchmark the existing
infrastructure against the best available in the world, and can offer you
advice on how to bridge the gap in the most cost effective way possible.
Network Design Consultants
Network Audit
Network Diagnostics
Project Consultancy
Implementation
The implementation services are synonymous with
accountability, responsibility, quality and efficiency. The services offered
are designed as complementary modules enabling to tailor services to the
individual needs. Whether you choose a complete international solution from
concept to successful implementation, or customized local assistance, the team
will deliver success, with total quality guaranteed throughout.
- Project Management
- Project Documentation
- Project Audit & Review
Operations Support
Increasingly, customers worldwide are required to provide
services on a 24x7 basis to their end users. Today's business have come to rely
increasingly on their network infrastructures. It is no longer merely an
inconvenience to users when unplanned network downtime interrupts their working
day - it is a serious threat to the business. By combining a wealth of
engineering experience with the latest logging and reporting technology, Softel
Systems delivers exceptional standards of service.
- On-Line Help Desk
- On-Site Support
- Remote Network Management
- Disaster Recovery
- Facilities Management
- Outsourcing
The hand picked and highly trained Vendor certified
engineers are never left to fend for themselves whilst on assignment at the
site. They back them up with a support team consisting of seasoned IT experts
from a range of disciplines. These 24x7 help desk facilities are also available
to support the entire IT infrastructure. So in effect you have the skills and
experience of the entire organisation at the disposal at all times.
Working around the clock, they are waiting on stand-by
should the systems ever fail and need a fast fix. But because they believe in a
more proactive approach to problem solving they are also offering a remote administration
service, through which they can anticipate many of the problems and can take
action to avoid them. With expert core teams planned to be operating in
strategic time zones around the world, Softel has the expertise and the
resources to be able to proactively manage networks around the globe.
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.41.96 |
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UK Pound |
1 |
Rs.83.78 |
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Euro |
1 |
Rs.65.82 |
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 |
3 |
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OPERATING SCALE |
1~10 |
3 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
4 |
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--PROFITABILIRY |
1~10 |
2 |
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--LIQUIDITY |
1~10 |
4 |
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--LEVERAGE |
1~10 |
4 |
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--RESERVES |
1~10 |
3 |
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--CREDIT LINES |
1~10 |
3 |
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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 |
YES |
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TOTAL |
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30 |
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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