MIRA
INFORM REPORT
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Report Date : |
30.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
NIIR PROJECT CONSULTANCY SERVICES |
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Registered Office : |
106E, Kamla Nagar, New Delhi – 110 007 |
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Country : |
India |
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Financials (as on) : |
31.03.2008 |
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Year of Establishment : |
1994 |
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IEC No.: |
0506060152 |
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PAN No.: [Permanent
Account No.] |
AAAPG36A8R |
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Legal Form : |
Sole Proprietory Concern |
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Line of Business : |
Offering
integrated technical consultancy services |
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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Maximum Credit Limit : |
USD 2500 |
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Status : |
Small Consultancy Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a small consultancy concern. It is not much known in the market since it serves specific clients,
selectively. Trade relations are Fair. No payment or banking relations are known due to the nature of its
activity. However, it can be considered for small business dealings at usual
trade terms and conditions. |
INFORMATION PARTED
BY
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Name : |
Mrs. Veena Gupta |
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Designation : |
Proprietor |
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Date : |
26.07.2008 |
LOCATIONS
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Registered Office : |
106E, Kamla Nagar, New Delhi – 110 007, India. |
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Tel. No.: |
91-11-23845654/ 23845886/
23843955 |
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Mobile No.: |
91-9811043595 |
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Fax No.: |
91-11-23841561 |
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E-Mail : |
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Website : |
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Area : |
5000 sq ft |
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Location : |
Owned |
SOLE PROPRIETOR
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Name : |
Mrs. Veena Gupta |
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Designation : |
Proprietor |
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Date of Birth/Age : |
40 Years |
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Qualification : |
Graduate |
BUSINESS DETAILS
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Line of Business : |
Offering
integrated technical consultancy services |
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Exports : |
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Countries : |
Middle East, Gulf Countries, African and all Developing Countries |
GENERAL
INFORMATION
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Customers : |
·
M/s Asian Health Services Limited, Karnataka ·
M/s Indian Specialty Fats Limited, M.P. ·
M/s Kajaria Iron Castings Limited, Kolkata ·
M/s Keygien Global Limited, Mumbai ·
M/s Rama Newsprint and Papers Limited, Mumbai ·
M/s Gimpex Limited, Chennai ·
M/s Neogen India Limited, Mumbai ·
M/s Madhusudan Special Sections, Gujarat ·
M/s Bardhaman Disheri Shramit Thikedari Samabay Samity
Limited, Bengal (West) ·
M/s Oriental Stones Limited, Rajasthan ·
M/s Srikrishna Pharmaceutical Limited, Hyderabad ·
M/s Kanoria Chemicals and Industries Limited, Ankleshwar (
Gujarat ) ·
M/s Frontier Granite Export Limited, Bhubaneshwar ·
M/s Ushodaya Enterprise Limited, A.P. ·
M/s Aglaumed Limited, Mumbai ·
M/s Senbo Industries Limited, Sonarpur ·
M/s Kalyanpur Cements Limited, Kolkata ·
M/s Mahindra and Mahindra Limited, Mumbai ·
M/s KLN Agrotechs Limited, Karnataka ·
M/s Panchura Estates Limited, Nilgiris ·
M/s Soundcraft Bio-tech Limited, Mumbai ·
M/s Kamal Hi-Tech Engineers Limited, Chandigarh ·
M/s Hanuman Agro Industries Limited, Kolkata ·
M/s Holostic India Limited, Noida (U.P.) ·
M/s Ginza Industries Limited, Surat ·
M/s Delta Paper Mills Limited, W.G.DT.A.P |
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No. of Employees : |
5 (In office) |
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Bankers : |
· Canara Bank · ICICI Bank,
Kamla Nagar · Axis Bank,
Shakti Nagar · HDFC Bank |
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Facilities : |
The concern do not enjoy facility from its Bankers |
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Banking
Relations : |
Unknown |
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Auditors : |
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Name : |
Pawan Agarwal and Company Chartered Accountants |
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Associates/Subsidiaries : |
NIL |
CAPITAL STRUCTURE
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Capital Investment : |
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Owned : |
Rs.0.500 million (Estimated) |
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Borrowed : |
-- |
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Total : |
Rs.0.500 million (Estimated) |
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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10.000 |
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Expected Sales (2008-09): Rs.10.000 millions
LOCAL AGENCY FURTHER
INFORMATION
TRUSTSEAL ACCEPTANCE CHART:
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Parameters |
Detail |
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Existence
Verification |
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Name |
NIIR PROJECT CONSULTANCY SERVICES |
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Statutory
Approvals |
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Legal Status Of
Firm |
Proprietorship |
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Income Tax
Registration |
AAAPG36A8R |
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Import Export
Code |
0506060152 |
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Name Of the Bank |
HDFC Bank |
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Current Account
Number |
03392320000423 |
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Account Since |
2008 |
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Standards and
Certifications |
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Quality
Management Systems |
ISO 9001:2000 |
TRADE REFERENCES:
·
M/s Rama Newsprint and Papers Limited, Mumbai
·
M/s Gimpex Limited, Chennai
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M/s Neogen India Limited, Mumbai
·
M/s Madhusudan Special Sections, Gujarat
·
M/s Bardhaman Disheri Shramit Thikedari Samabay Samity
Limited, Bengal (West)
·
M/s Oriental Stones Limited, Rajasthan
·
M/s Srikrishna Pharmaceutical Limited, Hyderabad
·
M/s Kanoria Chemicals and Industries Limited, Ankleshwar (
Gujarat )
·
M/s Frontier Granite Export Limited, Bhubaneshwar
·
M/s Ushodaya Enterprise Limited, A.P.
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M/s Aglaumed Limited, Mumbai
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M/s Senbo Industries Limited, Sonarpur
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M/s Kalyanpur Cements Limited, Kolkata
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M/s Mahindra and Mahindra Limited, Mumbai
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M/s KLN Agrotechs Limited, Karnataka
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M/s Panchura Estates Limited, Nilgiris
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M/s Soundcraft Bio-tech Limited, Mumbai
·
M/s Kamal Hi-Tech Engineers Limited, Chandigarh
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M/s Hanuman Agro Industries Limited, Kolkata
·
M/s Holostic India Limited, Noida (U.P.)
·
M/s Ginza Industries Limited, Surat
Website Details:
Company Profile
Subject, a marketing affiliate of National Institute of Industrial Research (NIIR), an ISO 9001:2000 company is a reliable name in industrial world for offering integrated technical consultancy service and also technical collaborations. At subject, they provide prudent advice regarding a business when diversification is on the anvil, when an entrepreneur is up against lack of information before starting a project; they strive to provide them with technology evaluation, sourcing and assimilation of detailed project reports, market survey studies and research through their advanced Industrial, Business and Commercial Database.
They have successfully achieved top-notch quality standards with a high level of customer appreciation resulting in long lasting relations and large amount of referral work through technological breakthrough and innovative concepts. Over the years, subject has become a well-known name in the industrial world for offering integrated technical consultancy service. Due diligence reports are prepared on behalf of the proposed buyers and sellers of the business. They provide the services through comprehensive knowledge of equipment and practices through their excellent team at very economical price.
A large number of their Indian, NRI and Overseas clients have appreciated their expertise for excellence by giving
them report orders which speak volumes about their commitment in providing complete customer satisfaction. They have successfully handled a number of NGO projects. Subject is manned by a dedicated team of highly qualified and experienced and consultants Engineers, Economist and Technologists from various disciplines. They have undertaken extensive work in identifying new project opportunities sourcing technology and industrial know-how from European, South Asian + USA etc and keeping in step with changing industrial scene and growing needs of entrepreneurs and business houses in India and Abroad.
Their specialized fields are Chemicals, Food products, Pharmaceuticals, Bio- Technology, Herbs Cultivation and Herbal products, Printing, Printing and Writing Inks, Paints, Resins, Adhesives, Polymers, Plastics, Rubber, Soaps, Detergents, Cosmetics, Perfumes, Flavours, Essential Oil, Fruits, Vegetables, Spices, Waste Managements, Ayurvedic Medicines, Aromatic Plants, Natural Products, Petroleum, Greases, Lubricants, Textile processing, Dyes, Pigments and Dye Intermediates, Dairy, Poultry, Pig, Rabbit, Goat and Sheep Farming, Iron and Steel Information Technology, Automobile, Engineering, Infrastructure, Construction, Educational, Services, Leisure and Entertainment Projects etc.
May 2006: NIIR is now an ISO 9001:2000 company.
Specialized services
They are engaged in providing wide range of services to the leading Indian as well as overseas organizations. Their provided services are:
· Project Identification
· Detailed Project Reports/ Pre-feasibility Reports.
· Market Survey Studies/Reports/Research
· Technology Books and Directory
· Databases on CD-ROM
· Laboratory Facility
· Turnkey Project Consultancy/Solutions
· Entrepreneur India (An Industrial Monthly Journal)
Project Identification
Project identification is undertaken to evaluate the process of selecting documenting, validating, ranking and approving the industrial projects for initiation. Through project identification they on behalf of the organizations/entrepreneurs select a project, evaluate resources, analyse the significant size and amount of time required to complete to coordinate with over active projects use of new and emerging technology, formulating a new work process. They also help to identify whether the project undertaken is for new customers or unproven market.
Detailed Project Report/Pre Feasibility Report
They at subject provide detailed project report with extensive and reliable update database which are cost effective and custom-quoted containing technology and market information. Their reports are very economical and are available with latest data on demand. Subject has expanded its scope and has covered reports ranging from Chemicals, Bio-Technology, Pharmaceuticals, Mechanical, Textile, Rubber, Plastics, Herbal Products, Coconut, Food Processing and Hospitality. Many parts of the project reports include Manufacturing Processes 'Market Survey', 'Detailed Economic Feasibility Report etc.' Their report provide for assessing market, potential Negotiating with Collaboration Investment, Decision Making, Corporate Diversification, Planning etc. Over the years, subject is determined to maintain its authenticity as single source of critical project information in all major industries, accessible instantaneously and economically.
Major Contents of Project Reports are
Beginning: Project Introduction, Brief History of the Product, Properties, BIS (Bureau of Indian Standard) Specifications and Requirements, Uses and Applications.
Manufacturing Techniques: Formulae, Detailed Process of Manufacture, Flow Sheet Diagram.
Market Survey: Present Market Position, Expected Future Demand, Statistics of Imports and Exports, Export Prospect, Names and Addresses of Existing Units (Present Manufactures).
Personnel Requirements: Requirement of Staff and Labour, Personnel Management, Skilled and Unskilled Labour.
Plant and Machinery: List of Plant and Machineries, Miscellaneous Items and Accessories, Instruments, Laboratory Equipment's and Accessories, Plant Location, Electrification, Electric Load and Water, Maintenance, Suppliers / Manufacturers of Plant and Machineries.
Land and Building: Requirement of Land Area, Rates of the Land, Built up Area, Construction Schedule, Plant Layout.
Raw Material: List of Raw Materials, Properties of Raw Materials, Availability of Raw Materials, Required Quality of Raw Materials, Cost / Rates of Raw Materials.
Financial Aspects: Cost of Raw Materials, Cost of Land and Building, Cost of Plant and Machineries, Fixed Capital Investment, Working Capital, Project Cost, Capital Formation, Cost of Production, Profitability Analysis, Break Even Point, Cash Flow Statement for 5 to 10 Years, Depreciation Chart, Conclusion, Projected Balance Sheet, Land Man Ratio.
Practical Project Execution Know How Report
They undertake Practical Project Execution report to meet the problems in specific geographic areas based on infrastructure facilities, raw material resources, entrepreneurial quality and financial aspect which pose difficulty, delay and hike in pre Evaluated project cost, Financial Institution and Development agencies resort to such survey to stimulate investment in specific areas.
Major Contents of Project Reports are
Beginning: Project Introduction, Brief History of the Product, Properties, BIS (Bureau of Indian Standard) Specifications and Requirements, Uses and Applications.
Manufacturing Techniques: Formulae Detailed Process of Manufacture, Flow Sheet Diagram.
Market Survey: Present Market Position, Expected Future Demand, Statistics of Imports and Exports, Export Prospect, Names and Addresses of Existing Units (Present Manufactures).
Personnel Requirements: Requirement of Staff and Labour, Personnel Management, Skilled and Unskilled Labour.
Plant and Machinery: List of Plant and Machineries, Miscellaneous Items and Accessories, Instruments, Laboratory Equipment's and Accessories, Plant Location, Electrification, Electric Load and Water, Maintenance, Suppliers / Manufacturers of Plant and Machineries.
Land and Building: Requirement of Land Area, Rates of the Land, Built up Area, Construction Schedule, Plant Layout.
Raw Material: List of Raw Materials, Properties of Raw Materials, Availability of Raw Materials, Required Quality of Raw Materials, Cost / Rates of Raw Materials.
Financial Aspects: Cost of Raw Materials, Cost of Land and Building, Cost of Plant and Machineries, Fixed Capital Investment, Working Capital, Project Cost, Capital Formation, Cost of Production, Profitability Analysis, Break Even Point, Cash Flow Statement for 5 to 10 Years, Depreciation Chart, Conclusion, Projected Balance Sheet, Land Man Ratio.
Market Survey Reports / Studies / Research
Market survey provides information to explore market potentials for products and services for expansion of any enterprise/business. Market research and analysis helps extensively to formulate their policies and Promotional Programmes, Regional Development and Project Financing, Market Strategy, Impact of Globalization and Product Specification. They have prepared approx 2000 Market Surveys on various subjects which are prepared by their expert panels, researchers, analyzers and consultant engineers based on professional research and analysis on global and regional market for small and medium enterprises all the reports are based on in-depth market study and feasibility study.
Through their network of professional consultants they undertake the project report that elucidates the present market potential as well as future scope of the product. Market research helps Industrial Development Institute, Trade Promotional Agencies, Planning Bodies, Banks, Financial Corporations, Small Medium Entrepreneurs Public Sector Under takings, and Government Agencies. They all need to rely on market research /Reports to provide them with present Market Positions, Expected Future Demand to formulate their policies and programmes. They also provide statistics of Imports and Exports, Exports Prospects, and Final Decision on Project Financing, Names and Addresses of Existing Units and many more details. All the market surveys are highly focused and extensive in nature.
Major Content of Reports is:
1. Introduction
2. Dealers Network
3. Industrial structure
4. Apparent Consumption
5. Performance of industries
6. Supply
7. Installed capacity
8. Demand and Supply Gap
9. Present manufacturers
10. Trend in the increase of Demand
11. Present consumers
12. Expected increase over five years
13. Assessment of demand
14. Seasonal effect in market if any location
They at 'Subject' not only serves their clients in India but also International clients/Non resident Indians (NRI) who wish to set up their business in India, Market Research helps them to formulate the policies and programmes, to identify profitable business opportunities. All the market survey reports are extensively providing tailor made and customized reports according to the requirements, keeping in steps with the ever changing Industrial Trends and growing needs of the entrepreneurs. All the Market Survey and analysis is provided by their excellent team of highly qualified Consultant Engineers at a very nominal, reasonable price.
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
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.42.54 |
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UK Pound |
1 |
Rs.84.86 |
|
Euro |
1 |
Rs.66.95 |
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 |
4 |
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--PROFITABILIRY |
1~10 |
4 |
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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 |
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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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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
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 |
|
<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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