MIRA
INFORM REPORT
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Report Date : |
29.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
JARVINIA ADVISORY PRIVATE LIMITED |
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Formerly Known As : |
Jarvinia Real
Estate Advisors Private Limited |
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Registered Office : |
Khaitan and Company, Meher Chambers, 3rd Floor, R K Marg,
Ballard Estate, Mumbai – 400 038, Maharashtra |
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Country : |
India |
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Date of Incorporation : |
04.01.2008 |
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Com. Reg. No.: |
11-177334 |
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CIN No.: [Company
Identification No.] |
U70101MH2008PTC177334 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Provider of Real Estate Advisor Services. |
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 : |
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 and yet to establish track. It can be considered for any business dealings on safe and secured
trade terms and conditions, only |
LOCATIONS
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Registered Office : |
Khaitan and Company, Meher Chambers, 3rd Floor, R K Marg,
Ballard Estate, Mumbai – 400 038, Maharashtra, India |
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E-Mail : |
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Corporate Office : |
550, Hallmark Tower, Mumbai – 400 038, Maharashtra, India |
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Mobile No.: |
91-9940658819 |
DIRECTORS
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Name : |
Mr. Gaurav Shanker |
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Designation : |
Director |
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Address : |
50/1, First Floor, Wazir Hasan Road, Lucknow , Uttar Pradesh,
India |
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Date of Birth/Age : |
28.01.1983 |
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E-Mail : |
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Name : |
Mr. Rupesh Kumar Mishra |
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Designation : |
Director |
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Address : |
Room No. 307-A, Boy’s Hostel, National Law Institute Univ, Kerwa Dam
Road, Bhopal – 462 044, Madhya
Pradesh, India |
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Date of Birth/Age : |
15.08.1982 |
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E-Mail: |
MAJOR SHAREHOLDERS
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Names of Shareholders |
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No. of Shares |
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Mr. Shanker Gaurav |
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5000 |
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Mr. Rupesh Kumar Mishra |
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5000 |
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Total
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10000 |
BUSINESS DETAILS
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Line of Business : |
Provider of Real Estate Advisor Services. |
GENERAL
INFORMATION
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Bankers : |
Not Available |
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Banking
Relations : |
---- |
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Associates/Subsidiaries : |
Nil |
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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10000 |
Equity Shares |
Rs. 10/- each |
Rs. 0.100 million |
FINANCIAL DATA
[all figures are in Rupees Millions]
FINANCIALS:
As the Subject is
a New Company. No Financials are yet available.
LOCAL AGENCY
FURTHER INFORMATION
HISTORY:-
Jarvinia Advisory Private Limited was formerly
known as Jarvinia Real Estate Advisors Private Limited which was incorporated
on 04.01.2008. The company name was changed to present on 06.06.2008.
BUSINESS:-
To act as advisors, consultants, designers to
provide technical know-how render advice on planning, development, research,
design and to make feasibility study
for acquisition by purchase, lease, exchange, hire or otherwise develop or
operate land, building, and other
hereditaments of any tenure or description including interest therein and nay right connected with land and
buildings, so situated and develop or to turn the same to account as may seem
expedient and in particulars by preparing building sites and by
constructing , reconstructing , altering, improving , decorating ,
furnishings and maintaining, flats ,
houses , markets, shops, workshops, godowns, commercial complexes, residential
colonies, golf course, golf academy, golf club, spa, restaurants, theatres,
discotheques, safari park , Town plaza, Leisure Lounge , aqua sports, heritage
, organic farming , multipurpose complex, water supply and treatment plant, water management system , hotels, hospitals, schools,
offices, business centres, Economic Zone, Gardens, fun Putting , activity zone
, circus, adventure academy, equestrian, Swimming pool, play ground,
buildings, helipad, airstrips, roads,
flyovers, waiting rooms, reading rooms , meeting rooms, Telecommunications ,
Captive power plant , electric conveniences and other advantages works and to carry on all kinds of activities related
to development of township , infrastructure facilities, road highways, bridges,
airports, ports, rail systems, health centres,
hospitals, research institute, educational institutions or any other public facility of similar
nature as may be decided by the company from time to time including water
supply projects, energy environment, irrigation, sanitation sewerage systems,
communication systems, providing greenery and tree plantation and other thing
relating to the ecological development and by leasing , hiring or disposing of
the same to manage land , building and other properties
No one is employed.
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.42.23 |
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UK Pound |
1 |
Rs.83.88 |
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Euro |
1 |
Rs.66.41 |
SCORE & RATING
EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
1 |
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PAID-UP CAPITAL |
1~10 |
1 |
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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 |
--- |
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--LEVERAGE |
1~10 |
--- |
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--RESERVES |
1~10 |
--- |
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--CREDIT LINES |
1~10 |
--- |
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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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2 |
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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