MIRA INFORM REPORT

 

 

 

Report Date :

24.06.2008

 

IDENTIFICATION DETAILS

 

Name :

INDIAN HERBS RESEARCH AND SUPPLY COMPANY LIMITED

 

 

Registered Office :

Sharda Nagar, Post Box  5, Saharanpur – 247 001, Uttar Pradesh

 

 

Country :

India

 

 

Financials (as on) :

31.03.2007

 

 

Date of Incorporation :

01.03.1989

 

 

Com. Reg. No.:

20 – 10521

 

 

CIN No.:

[Company Identification No.]

U24232up1989PLC010521

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MRTI00076G

 

 

Legal Form :

A Closely Held Public Limited Liability Company.

 

 

Line of Business :

Manufacturers of Animal Foods, Ayurvedic Drugs,  Veterinary Drugs, Crude Drugs etc.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 440210

 

 

Status :

Good

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established, a closely held public limited, and a family owned company engaged in the business as manufacturers of animal foods, Ayurvedic drugs, veterinary drugs etc. The Company’s business is reported as going on smoothly. Trade relations are reported as fair. Payments are usually correct and as per commitments. Financial position is comfortable.

 

The Company can be considered normal for business dealings at usual trade terms and conditions.

 

 

LOCATIONS

 

Registered Office / Factory :

Sharda Nagar, Post Box  5, Saharanpur – 247 001, Uttar Pradesh, India

Tel. No.:

91-132-22725044/45

Fax No.:

91-132-22726288

E-Mail :

ashish1634@hotmail.com

ihore@vsnl.com

info@indianherbs.org

Website :

http://www.indianherbs.org

Area :

500 Sq. yards

Location :

Owned

 

 

DIRECTORS

 

Name :

Mr. Sushil Kumar Agarwal

Designation :

Managing Director

Address :

B – 84, Avas Vikas Colony, Delhi Road, Saharanpur - 247001, Uttar Pradesh, India

Date of Birth/Age :

05.03.1949

Date of Appointment :

01.07.2001

 

 

Name :

Mr. Santosh Agarwal

Designation :

Director

Address :

B – 82, Avas Vikas Colony, Delhi Road, Saharanpur - 247001, Uttar Pradesh, India

Date of Birth/Age :

30.12.1920

Date of Appointment :

01.01.1991

 

 

Name :

Mr. Sudhakar Agarwal

Designation :

Wholetime Director

Address :

B – 85, Avas Vikas Colony, Delhi Road, Saharanpur - 247001, Uttar Pradesh, India

Date of Birth/Age :

05.11.1955

Date of Appointment :

01.03.1989

 

 

Name :

Mr. Gaurav Agarwal

Designation :

Wholetime Director

Address :

B – 84, Avas Vikas Colony, Delhi Road, Saharanpur - 247001, Uttar Pradesh, India

Date of Birth/Age :

29.09.1974

Date of Appointment :

10.07.2001

 

 

Name :

Mr. Vipul Agarwal

Designation :

Wholetime Director

Address :

B – 84, Avas Vikas Colony, Delhi Road, Saharanpur - 247001, Uttar Pradesh, India

Date of Birth/Age :

28.12.1976

Date of Appointment :

01.04.2002

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 30.09.2005

 

Names of Shareholders

No. of Shares

Mrs. Archana Agarwal

70000

Mr. Gaurav Agarwal

332500

Ms. Namita Agarwal

8400

Ms. Nupur Agarwal

14000

Ms. Ridima Agarwal

14000

Mrs. Reeta Agarwal

21350

Mr. Raghav Agarwal

14000

Mr. Sushil Kumar Agarwal

22750

Mr. Sushil Kumar Agarwal

49000

Mr. Sudhakar Agarwal

256550

Mr. Sudhakar Agarwal HUF

12600

Mr. Virendra Kumar Agarwal

141400

Mr. Vipul Agarwal

190750

Mrs. Veena Agarwal

182700

Total

1330000

 

 

Equity share breakup (Percentage of total equity)

 

As on 31.03.2007

 

Sr. No.

Category

Percentage

1.

Directors or relatives of directors.

100.00

 

Total

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturers of Animal Foods, Ayurvedic Drugs,  Veterinary Drugs, Crude Drugs etc.

 

 

Products :

 

ITC Code

Product Description

230990 02

Animal Feed Supplement

300390 01

Ayurvedic Veterinary Medicine

300390 01

Ayurvedic Human Medicine

 

 

Exports :

 

Countries :

v      Germany

v      Italy

v      France

v      U.S.A.

 

 

Terms :

 

Selling :

L/C and Cash terms.

 

 

Purchasing :

L/C, Credit and CAD terms.

 

 

GENERAL INFORMATION

 

Customers :

v      Customers

v      Wholesalers

v      End Users

 

 

No. of Employees :

About 190

 

 

Bankers :

v      Bank of Baroda

Main Branch, Saharanpur, Uttar Pradesh, India

 

v      ICICI Bank Limited

Court Road, Saharanpur – 247 001, Uttar Pradesh, India

 

Banking Relations :

Satisfactory

 

 

Auditors :

 

Name :

M S Chugh and Company

Chartered Accountants

Address :

Ambala Road, Saharanpur – 247001, Uttar Pradesh, India

 

 

CAPITAL STRUCTURE

 

Authorised Capital :

No. of Shares

Type

Value

Amount

5,000,000

Equity shares

Rs. 10/- each

Rs. 50.000 millions

100,000

Preference shares

Rs. 100/- each

Rs. 10.000 millions

 

Total

 

Rs. 60.000 millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

1,330,000

Equity shares

Rs. 10/- each

Rs. 13.300

millions

 

 

 

 

 

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2007

31.03.2006

31.03.2005

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

13.300

13.300

13.300

2] Share Application Money

0.000

0.000

0.000

3] Reserves & Surplus

74.742

62.072

51.050

4] (Accumulated Losses)

0.000

0.000

0.000

NETWORTH

88.042

75.372

64.350

LOAN FUNDS

 

 

 

1] Secured Loans

14.997

23.063

11.372

2] Unsecured Loans

11.148

20.359

19.047

TOTAL BORROWING

26.145

43.422

30.419

DEFERRED TAX LIABILITIES

1.136

1.389

1.303

 

 

 

 

TOTAL

115.323

120.183

96.072

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

19.486

21.037

19.936

Capital work-in-progress

0.000

0.000

0.000

 

 

 

 

INVESTMENT

0.000

0.000

0.000

DEFERREX TAX ASSETS

0.000

0.000

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

79.897

77.721

56.578

 

Sundry Debtors

8.762

13.334

15.075

 

Cash & Bank Balances

44.428

40.007

31.501

 

Other Current Assets

0.000

0.000

0.000

 

Loans & Advances

21.624

19.108

11.675

Total Current Assets

154.711

150.170

114.829

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Current Liabilities

42.984

35.282

28.522

 

Provisions

15.890

15.742

10.171

Total Current Liabilities

58.874

51.024

38.693

Net Current Assets

95.837

99.146

76.136

 

 

 

 

MISCELLANEOUS EXPENSES

0.000

0.000

0.000

 

 

 

 

TOTAL

115.323

120.183

96.072

 

 

 

 

 

 

 

 

 

 

 

 

 

PROFIT & LOSS ACCOUNT

 

PARTICULARS

 

31.03.2007

31.03.2006

31.03.2005

Sales Turnover

288.294

296.486

281.097

Other Income

1.558

1.280

1.340

Total Income

289.852

297.766

282.437

 

 

 

 

Profit/(Loss) Before Tax

19.028

18.933

18.345

Provision for Taxation

6.358

7.910

7.078

Profit/(Loss) After Tax

12.670

11.023

11.267

 

 

 

 

Expenditures :

 

 

 

 

Raw Material Consumed

118.685

135.559

111.557

 

Purchases made for re-sale

4.993

0.000

0.227

 

Consumption of stores and spares parts

2.117

2.451

2.214

 

Increase/(Decrease) in Finished Goods

(5.577)

6.518

(1.112)

 

Salaries, Wages, Bonus, etc.

31.354

30.133

26.479

 

Managerial Remuneration

4.895

3.696

3.577

 

Payment to Auditors

0.139

0.128

0.128

 

Interest

1.588

2.008

3.444

 

Insurance Expenses

1.459

1.107

0.955

 

Power & Fuel

7.176

9.736

8.221

 

Depreciation & Amortization

4.084

3.812

3.420

 

Other Expenditure

99.911

83.685

104.982

Total Expenditure

270.824

278.833

264.092

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2007

31.03.2006

31.03.2005

PAT / Total Income

(%)

4.37

3.70

3.99

 

 

 

 

 

Net Profit Margin

(PBT/Sales)

(%)

6.60

6.38

6.53

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)

6.56

6.36

6.49

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.22

0.25

0.28

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

0.67

0.68

0.60

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

2.63

2.94

2.97

 

 

 

 

 

 

 

 

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Form 8

 

Name of the company

INDIAN HERBS RESEARCH AND SUPPLY COMPANY LIMITED

Presented By

Mr. Vipul Agarwal, Director

1) Date and description of instrument creating the change

Vehicle loan cum hypothecation agreement executed in 20.12.2004 between Indian Herbs Research and Supply Company Limited, Sharanpur and ICICI Bank Limited.

2) Amount secured by the charge/amount owing on the securities of charge

Rs. 0.914 million

3) Short particular of the property charged. If the property acquired is subject to charge, date of the acquired of the property should be given

Car:

Model: Toyota Corola

Chassis No. ZZE – 122 – 6817734

Engine No.: 122-2048263

4) Gist of the terms and conditions and extent and operation of the charge.

As Per vehicle loan and hypothecation agreement executed between Indian Herbs Research and Supply Company Limited, Saharanpur and ICICI Bank Limited on 02.12.2004. The main terms and conditions being:

Purpose: To purchase the above car.

Limit: Rs. 0.914 million

Period : 24 Months

Interest : 3.92%

Repayment: 24 Equal Installment of Rs. 0.039 million.

Security: Hypothecation of Car Financed.

5) Name and Address and description of the person entitled to the charge.

ICICI Bank Limited

Court Road, Saharanpur

 

 

Trade Terms

 

v      Moolchand Hospital, New Delhi

 

v      Jessa Ram Hospital, Karol Bagh, New Delhi

 

Profile

 

Herbal traditions in India have been in place since time immemorial. The Indian Herbs Saharanpur Group of companies has added a modern dimension to these traditions and has made herbal products available for humans and animals. Founded in 1951, the flagship company Indian Herbs Research and Supply Company  Limited was well underway even before the interest in herbal remedies worldwide began. This website places before you the various facets of the Group's activities, in particular the development and marketing of herbal products for humans and animals. Don't leave without taking a look at the Interface section where you can check out the Frequently Asked Questions section, or leave a query of the own. The vast research bibliography is also available and will be frequently updated. Product details are provided in the relevant section.

 

Research and Development

 

Research and Development has been pivotal in the progress of Indian Herbs. Continuous high level research helped in developing many unique products particularly in those segments where modern system of medicine does not provide satisfactory solutions and similarly not much has been offered, so far, by alternative sytems of medicine. More than 100 scientists have been awarded higher degrees (post-graduate or doctorate) for outstanding research studies on these herbal products and more than 400 research papers have been published on these products in the eminent national and international scientific journals.

 

The dynamic team of scientists includes Pharmacists, Chemists, Botanists, Microbiologists, Pharmacologists, Medical Scientists, Veterinarians and Clinicians etc., in different departments such as Pharmacology, Formulation, Phytochemistry, Microbiology, Quality Control, Literature Survey, Animal House and Experimental Farms for different research studies.

 

The level of sophistication and capabilities of the laboratory attained greater heights with the installation of most modern and sophisticated instruments such as:

 

High Performance Thin Layer Chromatography (HPTLC) consisting of "Linomat IV" microprocessor-controlled TLC sampler and computer-controlled HPTLC Scanner.

High Pressure Liquid Chromatograph with PDA (HPLC) consisting of ultra modern Photodiode Array Detector coupled with powerful software Millennium 2010 and sophisticated solvent delivery system.

Gas Chromatograph Mass Spectrometry

UV-VIS Scanning Spectrophotometer 

 

These systems are the best available equipment for standardisation and quality control of herbal products.  

 

Recognition of R and D Laboratory

 

In realisation of the achievements of the R and D Laboratory, the Ministry of Science and Technology, Government of India has granted it recognition and formal certification for modern scientific research on herbal products - the first of its kind in India.

  

Standardisation and Quality Control

 

"Quality is never an accident. It is always the result of high intention, sincere effort, intelligent direction and skilful execution."

 

John Ruskin

 

Relentless pursuit of this dictum has ensured the quality of the products.

 

The unique blend of traditional glory with modern science forms the basis for the success of Indian Herbs products. The quality control and standardisation of each batch of every product is achieved by using sophisticated modern equipments and technology.

 

Quality Control of Herbal Ingredients

 

An essential factor in the assembly of any herbal product is the availability of quantitatively standardised herbal ingredients. The complex nature of the components and active ingredients mixed with helper or synergistic compounds without an active role make actual identification of the active ingredients difficult. This does not, however, preclude scientific standardisation of any particular herbal preparation. An outline of quality control techniques employed by us is given below. 

 

Identification and Authenticity of Plant Material

 

All the herbal ingredients meet the Quality Control Standards, set for each particular ingredient. The scientists select the best herbal materials from chosen locations, harvest at the optimum time and ensure the correct post-harvest treatment and storage. The Quality Assurance (QA) Laboratory preserves and maintains a Specimen and Database containing full information of all plant species used by Indian Herbs. Every herbal ingredient is authenticated by the experts, involving both macroscopic and microscopic examination of each plant material.

 

Sowing the Seeds of Quality in Nature

 

The R and D Division has developed cultivation packages for remunerative farming of herbs containing optimum quantity of desired active constituents to ensure quality through appropriate cultivation. These methods are applied at Indian Herbs' farms and the experts also educate and train the farmers about the cultivation of such herbs with buy-back guarantee arrangements to ensure the regular availability of the right quality ingredients.

 

Chemical Tests

 

Besides the above, following parameters are used to standardise and evaluate the quality of the herbal materials.

 

Moisture

 

The moisture content of herbal ingredients is important since it must be minimal for proper storage and processing.

 

Total Ether Extract

 

This quantifies the terpenoides and other volatile and fixed oils in the herb.

 

Water & Alcohol Soluble Extracts

 

Water and alcohol extractive values broadly represent the net quantitative values of the active constituents e.g. alkaloids, glycosides, amino acids etc., in the herbal raw material.

 

Ash Value

 

This evaluates the mineral content of the sample and the presence of foreign inorganic material, if any.

 

Analytical Tests on HPLC and HPTLC Systems

 

Unlike synthetic drugs, the active principles in the plant are not always clearly defined and often they are a complex mixture of several closely related constituents e.g. glycosides, alkaloids, terpenoides, amino acids or flavonoids etc. Herbal product standardisation and quality control can be achieved by using chromatographic techniques. Computer controlled High Performance Thin Layer Chromatography (HPTLC) and High Pressure Liquid Chromatography (HPLC) techniques provide a complete system for qualitative and quantitative evaluation of plant constituents.


The raw material herb or finished product is extracted with different organic solvents which are applied to the HPTLC/HPLC plate in microgram quantities and chromatogram is then developed using different solvent systems which separate the components of the sample under investigation. The chromatogram thus developed is scanned using a computer controlled viewing system that and quantitates the individual components of any herb or herbal mixture. The report shows the TLC picture along with the areas of each peak.

 

 The unique spectra of any peak may be used to confirm the identity of any particular compound. Like the thumbprint of two individuals can never be identical, so it is for the fingerprint of any plant chromatogram. It is this that forms the basis of standardisation of herbal raw materials and polyherbal formulations.

 

Quality Control of Finished Products

 

Finished products are subjected to strict quality control tests which involve:

 

Physico-chemical analysis.

HPTLC/HPLC fingerprinting.

Pharmacological evaluation and clinical trials.

 

The chromatogram developed for each manufactured batch is compared with the standard reference chromatogram to ensure batch to batch consistency and reproducibility for uniform results ensuring the quality of the finished product.

 

Good Manufacturing Practices

 

Manufacturing facilities located at Saharanpur (UP), only around 100 miles from Delhi, are well equipped with the latest state-of-the-art equipments manned by highly qualified and trained technologists and backed by a refined manufacturing culture.


Packing of finished products takes place on modern automated systems. The machines weigh or count, fill and seal the packs on the line.


The end product is therefore untouched by human hands. The automation of the entire process effectively meets the requirements of "Good Manufacturing Practices" (GMP) according to the guidelines of the World Health Organisation(WHO).

 

Responding to Emerging Global Needs

 

To summarise, they sow the seeds of quality in nature - monitor the progression - reap the harvest of efficiency and provide satisfaction to the user in terms of efficacy, freedom from toxicity and cost effectiveness. The result is that Indian Herbs sets the standards of quality, safety and efficacy for herbal medicines, health care products, herbal dietary supplements, herbal veterinary medicines and herbal animal feed complements (supplements) that others only struggle to achieve. All over the world there is growing interest in alternative (natural) health care products and food supplements. It is increasingly felt that the future will belong to medicines and health foods based on natural products. They are fully equipped to meet these requirements.

 

Drawing inspiration from the fundamentals of Ayurvedic Medicine, Indian Herbs, Saharanpur, has developed an original range of natural products for humans and animals. Established in 1951 by Shri Ram Lal Agrawal, and still nurtured by Smt. Santosh Agrawal (W/o Shri Ram Lal Agrawal) the group began with animal health care products, and has diversified over the years to speciality human health care products and herbal bulk drugs etc.

 

Herbal Animal Health Care Products Division

 

The founder - Sri Ram Lal Agrawal's inborn love for animals initiated a new thought in his inquisitive mind. If this natural form of treatment (Ayurveda) is good for humans, why can not it be applied to animals ? Thus began his dedication to research on herbal products for animals.

 

Unique Blend of Traditional Glory with Modern Science

 

At Indian Herbs, the unique blending of traditional glory of Ayurveda with modern science has helped in development of quality products backed with pharmacological and toxicological studies, proper clinical evaluation and right dosage forms which can satisfy the yardsticks which the world employs to validate claims for any medicinal product.

 

According to ORG - an independent market survey organization, Indian Herbs is one of the top 5 Animal Health Product Companies in India, successfully competing with Multinational companies due to consistent quality and modern scientific research. Most of the Indian Herbs products are Brand leaders in their respective therapeutic segments.

 

Nature's Way to Animal Health

 

The theme `Nature's Way to Animal Health' adopted by Indian Herbs gives the true expression to company's philosophy and symbolises its positioning in the market. The founder, a visionary of his time, envisaged the use of herbal products that can be prescribed by Veterinarians and/or that can be used by the farmers and pet owners themselves, without a veterinary prescription.

 

Worldwide Research

 

Extensive research studies have been taken up on Indian Herbs products, in India and other countries. Many research studies including experimental and clinical evaluations were successfully accomplished particularly in UK, Germany, Austria, Czech, Nigeria, Malaysia, Bangladesh etc. The clinical trials have been conducted at different farms, feed mills, breeding centres and allied research institutions in these and other countries. The results of most of these studies have been published in International Journals.

 

They are indebted to the following eminent Veterinary Scientists who have made very valuable contribution for scientific evaluation of the products in their countries.

 

Dr. Graham E. Wheeler, B.V.Sc., Ph.D., MRCVS, Wheeler Veterinary Services, UK.

Dr.med.vet M.B. Dickie, Ph.D., Vienna, Austria.

Dr. K. Manikam, B.V.Sc., AMIM, KM Vet Pharm, Kuala Lumpur, Malaysia.

Dr. Y.G. Ko, Evernew Developing and Marketing Services, Seoul, Korea.

Dott. Germano Cagliero, Agrolabo, Torino, Italy.

MV Dr. Jiri Kraif, Agroprim, Netvorice, Czech Republic.

Dr. med. vet. Lisbeth Hogh, Natura Vet Aps, Slangerup, Denmark.

 

 Product-Wise Catalogue

  

PRODUCT

DESCRIPTION

SPECIES

AnbioFlam Premix

       
Anbio Flam Capsules

        

For Skin Health

Pigs, Equines, Poultry, Cows, Buffaloes, Sheep, Goats, Camels, Aqua-species
Canines          

Animon Premix

For normal respiratory

function

 

Calves, Pigs, Poultry, Equines, Cows, Buffaloes, Sheep, Goats, Canines, Camels

ArthEaze Premix

For Freedom of Movement in Arthritic conditions

Equines

Blaze Shampoo like
application

For skin and hair coat care

Canines, Equines, Show Animals

BronSyp

For cough and coryza etc.

Canines, Felines

Dermanol Skin Cream

For skin affections

Canines, Equines, Cows, Buffaloes, Sheep, Goats, Camels and Wild Life Animals

EctoDust Powder

Dusting powder for prevention against

ectoparasites

Canines

 EctoZee Spray

 To keep free from

 ectoparasites

Canines, Equines, Cows, Buffaloes, Sheep, Goats, Pigs, Poultry

GutMotil AFI Premix

   
GutMotil Capsules

For stable gut function and diarrhoea control

Calves, Pigs, Cows, Buffaloes, Sheep, Goats, Equines, Poultry

Canines and Cats

Galog Strong Bolus

And

Galog Powder

For optimising milk

production.

Cows, Buffaloes, Sheep, Goats, Sows and Mares

HB Strong Premix

and Himalayan Batisa Powder

For efficient digestion

Cows, Buffaloes, Sheep, Goats, Camels, Pigs, Equines

Himax and Himax-D Ointments

For skin affections

Canines, Equines, Cows, Buffaloes, Sheep, Goats, Camels and Wild Life Animals

ImmuPlus Premix And ImmuPlus Water Soluble Conc. Premix

For Immunocompetence

and optimal level of Cellular and Humoral Immunity and non-specific resistance

Poultry, Pigs, Equines, Cows, Buffaloes, Sheep, Goats, Aqua Species

 AQUAPRO Premix

 Metabolic and Digestive Tonic and

Growth Promoter

 Aqua Species including Carps, Shrimps, Prawns etc.

LactMore Premix

For optimising milk production

Cows, Buffaloes, Sheep, Goats, Sows and Mares

Livol Powder,

Livol Classic Premix

and

Livol PFS Liquid Premix

 Metablic and liver tonic and growth

promoter

  Poultry, Pigs, Equines, Cows, Buffaloes, Sheep, Goats, Camels, Canines and Cats

MagaCal Premix

MagaCal Capsules and Syrup

For mineral requirements of Calcium, Phosphorus and Magnesium

Poultry, Calves, Equines, Pigs, Cows, Buffaloes, Sheep, Goats, Aqua-species

Canines

MeboLiv Premix

  
MeboLiv Capsules and Syrup

Metabolic and liver tonic and growth

promoter

Poultry, Pigs, Equines, Cows, Buffaloes, Sheep, Goats, Camels Canines and Cats

MobiFree Premix

MobiFree Capsules

For freedom of movement in arthritic conditions

Pigs, Cows, Buffaloes, Sheep, Goats, Camels Canines

NephTone Premix

NephTone Capsules

Kidney Tonic

Poultry, Equines, Cows, Buffaloes, Sheep, Goats, Camels Canines

Norminal Premix

For prevention and treatment of bloat

Cows, Buffaloes, Sheep, Goats, Camels, Equines, Canines

Neblon Powder

and Nebsui Premix

For stable gut function and diarrhoea

control

Calves, Pigs, Cows, Buffaloes, Sheep, Goats, Equines, Poultry, Canines and Cats

OviFertin Premix

For timely ovulatory oestrus and

efficient breeding for optimal fertility

Sows, Gilts, Cows, Heifers, Buffaloes, Sheep, Goats, Mares, Bitches

PestNil Liquid Concentrate and

Pestoban Liquid Conc.

For farm hygiene – free from

ectoparasites

Cows, Buffaloes, Sheep, Goats, Pigs, Equines, Canines, Poultry

Prajana Premix

and

Prajana HS Capsules

For timely ovulatory oestrus for optimal

fertility

Sows, Gilts, Cows, Heifers, Buffaloes, Sheep, Goats, Mares, Bitches

RumiTone Premix

and

Rumbion Bolus

For efficient digestion

Cows, Buffaloes, Sheep, Goats, Camels, Pigs, Equines

Replanta Powder

Uterine Tonic for improving breeding

efficiency

Cows, Buffaloes, Sheep, Goats, Sows, Mares

SplenDerm Shampoo like application

For body and hair coat care

 

Canines, Equines, Show Animals

StressEaze Water Soluble Conc. Premix

And StressCare Premix

StressEaze Capsules

For stress management

Poultry, Equines, Pigs, Calves, Aqua-species, Cows, Buffaloes, Sheep, Goats, Camels Canines

Stonil Powder

Kidney Tonic

Poultry, Equines, Cows, Buffaloes, Sheep, Goats, Camels, Canines

Teeburb Premix


Teeburb Capsules

For Skin Health

Pigs, Equines, Poultry, Cows, Buffaloes, Sheep, Goats, Camels, Aqua-species

Canines

Timpol Powder

For prevention and treatment of bloat

Cows, Buffaloes, Sheep, Goats, Camels, Equines, Canines

UtriForte Premix

Uterine Tonic for improving breeding

efficiency

Cows, Buffaloes, Sheep, Goats, Sows, Mares

Zeetress Water Soluble Conc. Premix

For stress management

Poultry, Equines, Pigs, Calves, Aqua-species, Cows, Buffaloes, Sheep, Goats, Camels

 

Species Wise Catalogue

 

Ruminants (Cows, Buffaloes, Sheep and Goats)

Himax and Himax-D Skin ointments

Dermanol Skin Cream

AnbioFlam Powder Premix

For skin affections

Nebsui Powder Premix

GutMotil AFI Powder Premix

Neblon Powder

For stable gut function and diarrhoea control

 

 

Galog Powder Premix

Galog Strong Bolus

LactMore Powder Premix

For optimising milk production

 

 

Livol Classic Powder Premix

MeboLiv (Powder & Liquid) Premix

Livol Powder

Livol PFS Liquid Premix

Metabolic and Liver tonic and Growth Promoter

 

 

Timpol Powder

Norminal Powder Premix

For prevention and treatment of bloat

Prajana Powder Premix

Prajana HS Capsules

OviFertin Powder Premix

For timely ovulatory oestrus for optimal fertility

Pestoban Liquid conc.

PestNil Liquid conc.

For farm hygiene – free from ectoparasites

HB Strong Powder Premix

Himalayan Batisa Powder

RumiTone Powder Premix

Rumbion Bolus

For efficient digestion for higher farm productivity

Zeetress Water Soluble Conc. Powder

StressCare Powder Premix

StressEaze Conc. Powder Premix

For stress management

Replanta Powder Premix

UtriForte Powder Premix

Uterine tonic for improving breeding effficiency

Animon Powder Premix

For normal respiratory functions

MobiFree Powder Premix

For freedom of movement, in arthritic conditions

ImmuPlus Powder Premix

 

For Immuno competence and optimum level of Cellular and Humoral Immunity and non-specific resistance

MagaCal Powder Premix

For mineral requirements of Calcium, Phosphorus and Magnesium

NephTone Premix

Kidney Tonic for efficient renal function

Pigs

Animon Powder Premix

For normal respiratory functions

Livol Classic Powder Premix

MeboLiv (Powder & Liquid) Premix

Livol Powder

Livol PFS Liquid Premix

Metabolic and Liver tonic and Growth Promoter

 

Zeetress Water Soluble Conc. Powder

StressCare Powder Premix

StressEaze Water Soluble Conc. Powder

For stress management

Prajana Powder Premix

OviFertin Powder Premix

For timely ovulatory oestrus for optimal fertility

 

Nebsui Powder Premix

GutMotil AFI Powder Premix

For stable gut function and diarrhoea control

Himax and Himax-D Skin ointments

Dermanol Skin Cream

AnbioFlam Powder Premix

For skin affections

 

 

Pestoban Liquid conc.

PestNil Liquid conc.

For farm hygiene – free from ectoparasites

ImmuPlus Powder Premix

 

For Immuno competence and optimum level of Cellular and Humoral Immunity and non-specific resistance

MagaCal Powder Premix

For mineral requirements of Calcium, Phosphorus and Magnesium

Poultry Premix

MagaCal Powder Premix

For mineral requirements of Calcium, Phosphorus and Magnesium

Livol Classic Powder Premix

MeboLiv (Powder & Liquid) Premix

Livol Powder

Livol PFS Liquid Premix

Metabolic & Liver tonic and Performance enhancer

NephTone Powder Premix

Kidney Tonic for efficient renal function

ImmuPlus Waer Soluble Conc. Powder Premix

For Immuno competence and optimum level of Cellular and Humoral Immunity and non-specific resistance

Zeetress Water Soluble Conc. Powder

StressEaze Water Soluble Conc. Powder Premix

For stress management

Nebsui Powder Premix

GutMotil AFI Powder Premix

Neblon Powder

For stable gut function and control of loose droppings

 

Pestoban Liquid conc.

PestNil Liquid conc.

For farm hygiene – free from ectoparasites

Animon Powder Premix

For normal respiratory functions

Himax and Himax-D Skin ointments

Dermanol Skin Cream

AnbioFlam Powder Premix

For skin affections

 

Companion Animals - Dogs and Cats

Teeburb Capsule

AnbioFlam Capsule

Himax-D Skin Ointment

Dermanol Skin Cream

For skin health

BronSyp Syrup

For easy breathing

GutMotil Capsule

For stable gut function and diarrhoea control

MagaCal Capsule & Syrup

For mineral requirements of Calcium, Phosphorus and Magnesium

MeboLiv Capsule & Syrup

Metabolic and liver tonic

MobiFree Capsule

For freedom of movement, in arthritic conditions

NephTone Capsule

Kidney Tonic for efficient renal function

SplenDerm Shampoo like appliation

For hair and skin care

ImmuPlus Capsule and Syrup

 

For immuno-competence and optimum level of Cellular and Humoral Immunity and non-specific resistance

StressEaze Capsule

For stress management

EctoZee Spray

To eradicate ectoparasites effectively and safely

EctoDust Powder

To prevent frequent ectoparasitic infestation

Companion Animals - Equine

AnbioFlam Powder Premix

Himax-D Skin Ointment

Dermanol Skin Cream

For skin health

MagaCal Powder Premix

For mineral requirements of Calcium, Phosphorus and Magnesium

Livol Classic Powder Premix

MeboLiv (Powder & Liquid) Premix

Livol Powder

Livol PFS Liquid Premix

Metabolic & Liver tonic and Performance enhancer

NephTone Powder Premix

 Kidney tonic

OviFertin Powder Premix

For timely ovulatory oestrus for optimal fertility

SplenDerm Shampoo Like Application

Pestoban Liquid conc.

PestNil Liquid conc.

For skin and hair coat care

 

Zeetress Water Soluble Conc. Powder

StressEaze Water Soluble Conc. Powder Premix

For stress management

ArthEaze Powder Premix

For freedom movement in Arthritic conditions

Animon Powder Premix

For easy breathing

GutMotil AFI Powder Premix

For stable gut function and diarrhoea control

 

ImmuPlus Waer Soluble Conc. Powder Premix

For Immuno competence and optimum level of Cellular and Humoral Immunity and non-specific resistance

RumiTone Powder Premix

For efficient digestion for higher farm productivity

 

      Indications/Usage-Wise Catalogue

 

INDICATIONS/USAGE

ANIMAL SPECIES

PRODUCT (S)

Mange, Fungal and Bacterial Skin Affections, Inflammatory Conditions, Wounds, Dermatitis, Sweet Itch, Laminitis, Rain scald, Mud-Fever, Pruritus, COPD.

Pigs, Canines, Equines, Poultry, Cows, Buffaloes, Sheep, Goats, Camels, Aqua-species

Teeburb

(Powder and Capsules)

 AnbioFlam Powder Feed Premix

AnbioFlam Capsules for Canines

Pneumonia, Microbial, Viral and Allergic Respiratory Affections, Chronic Respiratory Disease Complex, Hay Fever, Heaves, Influenza, COPD, Coryza, Nasal Catarrh, Bronchitis, Coughs of varied aetiology.

Calves, Pigs, Poultry, Equines, Cows, Buffaloes, Sheep, Goats, Camels

Animon Powder Feed Premix

BronSyp Syrup for Canines and Felines

Arthritic Conditions, Ankylosis, Laminitis, Lameness due to injury etc., Bone Spavin, Difficulty in Movement.

Equines, Canines, Camels, Pigs, Cows, Buffaloes, Sheep, Goats

MobiFree Powder Feed Premix

MobiFree Capsules for Canines

ArthEaze Powder Feed Premix for Equines

Different kinds of Mange, Fungal and Bacterial Skin Affections, Dermatitis, Varieties of Wounds, Foot lesions in FMD, Maggotted Wounds, Degnalla Disease, Itchy legs, Itchy tail, Itchy ears, Itchy Heels, Skin grazes, Sweet Itch, Utricaria, Warble fly lesions, Hoof and Heal problems e.g. Thrush, Seedy toe, Bruised soles and heels. To heal wounds and prevent pecking, As fly repellent.

Canines, Equines, Cows, Buffaloes, Sheep, Goats, Camels and Wild Life Animals

Himax and Himax-D Skin Ointments Dermanol Skin Cream

Diarrhoea and Dysentery of varied aetiology, Weaning Scours, Loose droppings in poultry. To promote stable gut function and growth in farm animals alongwith better FCR particularly at the time of change in feed and weather conditions, during weaning and stress etc.

Calves, Pigs, Cows, Buffaloes, Sheep, Goats, Canines, Cats, Equines, Poultry

Neblon Powder Nebsui Powder Premix GutMotil AFI Powder Feed Premix GutMotil Capsuels for Cats and Canine

Immuno-compromised conditions, Immune-suppression, Recurring Infections. To optimise Vaccinial response. As prophylactic against Viral and Microbial infections. To enhance the therapeutic response of antibiotics and anti-parasitics.

Poultry, Pigs, Equines, Canines, Cats, Cows, Buffaloes, Sheep, Goats, Aqua-species.

ImmuPlus Powder Feed Premix

ImmuPlus Water Soluble Conc. Powder Feed Premix

ImmuPlus Syrup and Capsules for Cats and Canines

Hypogalactia, Dysgalactia, Aglactia, Low level of milk production in apparently healthy animals. To prolong the inclining phase of milk production and to attain higher peak for optimising milk production.

Cows, Buffaloes, Sheep, Goats, Sows and Mares

Galog Strong Bolus for treatment

Galog Powder Feed Premix

LactMore Powder Feed Premix

Rickets, Osteoporosis, Leg weakness, Lameness, Egg-shell problems in Poultry, Calcium and Biotin deficiency syndromes, Damage to bone, cartilage or hoof material. For optimum growth, proper bone formation and adequate skeletal development. To optimise growth and strength of hoof. For faster healing of fractures. To meet higher demands of Calcium in pregnancy and lactation.

Poultry, Calves, Canines, Equines, Cows, Buffaloes, Sheep, Goats, Pigs, Aqua-species

MagaCal Powder Feed Premix.

MagaCal Capsules and Syrup for Canines.

Liver-dysfunction, Hepatitis, Mycotoxicosis, Fatty Liver Syndrome, Convalescence, Debility, General weakness, Leg weakness, Impaired liver function, General unthriftiness and inability to gain condition. To optimise appetite, digestion, metabolism, growth, FCR, body weight gain, general health and production in birds and farm animals. For right body weight gain and uniform maturity with most efficient FCR in chicks and growers. To protect liver against the damaging effects of mycotoxins and chemicals. To limit the possibilities of energy deficit during late pregnancy and to maximise glucose production during lactation period. For horses susceptible to change of feed, foul faecal odour, oedemas, filled legs and listlessness. As restorative tonic after antibiotic, anthelmintic, steroidal, anti-inflammatory and other chemical treatments. As valuable feed nutrient for producing bloom and condition in all show and performance horses and ponies.

Poultry, Pigs, Equines, Cats, Canines, Cows, Buffaloes, Sheep, Goats, Camels, Aqua-species

Livol Powder

Livol Classic Powder Feed Premix

Livol PFS Liquid Feed Premix

MeboLiv (Powder and Liquid) Feed Premix

MeboLiv Syrup and Capsules for Cats and Canines

AQUAPRO Powder Premix for Aqua-species

Gaseous and Frothy Bloat or Tympany, Colic, Impaction.

Cows, Buffaloes, Sheep, Goats, Camels, Equines, Canines

 Timpol Powder

Norminal Powder Feed Premix

Urolithiasis, Visceral and Articular Gout, Ascites, Renal Insufficiency, Protein loosing Nefropathy or Amyloidosis, Burning micturition, Recurrent urinary tract infections, Disturbed urination pattern, Nefritis, Cysitis. To protect the kidneys from renal damage due to unavoidable use of amino-glycosides etc. For faster recovery from Bacterial and Viral urinary tract infections.

Poultry, Equines, Canines, Cows, Buffaloes, Sheep, Goats, Camels

NephTone Powder Feed Premix

NephTone Capsules for Canines.

Anoestrus, Delayed maturity, Silent Heat, Prolonged intercalving period, Infertility due to ovarian dysfunction. As prophylactic for "One Calf A Year" programme in cattle, for timely ovulatory oestrus and optimal fertility. To enhance reproductive success at "foal heat" in mares. For timely induction of oestrus upon introduction of gilts to the breeding herd and to minimise unproductive empty days in sows.

Sows, Gilts, Cows, Heifers, Buffaloes, Sheep, Goats, Mares, Bitches

Prajana HS capsules for treatment.

Prajana Powder Feed Premix

OviFertin Powder Feed Premix

Infestation of ectoparasites such as Ticks, Lice, Fleas, Mites and Flies. For farm and kennel hygiene.

Canines, Poultry, Pigs, Cows, Buffaloes, Sheep, Goats, Equines.

Pestoban and PestNil Liquid Conc.

EctoZee Spray

Blaze and SplenDerm (Shampoo like application)

EctoDust Powder

Anorexia, Dyspepsia, Ruminal Atony, Inappetance, Indigestion. To promote and optimise appetite and digestion alongwith better FCR. For optimum ruminal and intestinal activity and higher production of total volatile fatty acids for maximising milk production. To limit the possibilities of energy deficit and off-feed conditions especially during late pregnancy and from parturition to peak milk production period.

Cows, Buffaloes, Sheep, Goats, Camels, Pigs, Equines

Himalayan Batisa Powder

Rumbion Bolus for treatment

HB Strong Powder Feed Premix

RumiTone Powder Feed Premix

Retention of Placenta, Delayed Involution of uterus, To improve breeding efficiency. As Uterine Tonic for timely cleansing and involution of uterus. For optimising reproductive health.

Cows, Buffaloes, Sheep, Goats, Sows, Mares

Replanta Powder

UtriForte Powder Feed Premix

tress due to varied reasons. To prevent the damaging effects of stress on immune-system and metabolism. To prevent farrowing or calving stress and to maintain health and growth of offsprings. To prevent stress due to transportation, change of feed or weather and other reasons. To maintain health, growth, production, performance and livability under challenging stress conditons. To maintain the body's anti-oxidant profile at optimum levels for scavenging excess free radicals and to minimise lactate accumulation during intensive exercise. To facilitate optimisation of RBC and Hb concentration of RBC for increasing oxygen intake capacity for higher stamina and faster recovery. To optimise the fitness and performance of atheletic animals alongwith higher tolerance to exercise and fatigue and to enable them to concentrate on the work and compete more effectively. To help maintain energy synthesis in mitochondria at optimum levels and prevent damage to NADPH enzyme.

Poultry, Equines, Pigs, Calves, Canines, Camels, Cows, Buffaloes, Sheep, Goats, Aqua-species

Zeetress Water Soluble Conc. Powder

StressEaze Water Soluble Conc. Powder Feed Premix

StressEaze Capsules for Canines

StressCare Powder Feed Premix 

 

 

 Products and Services

 

There is a tremendous increase in the demand for natural products as an alternative to chemical products, the world over. Drawing inspiration from the fundamentals of Ayurvedic Medicine, Indian Herbs, Saharanpur, India, developed a range of natural products for humans and animals. The unique blend of traditional glory with modern science forms the basis for the success of Indian Herbs products. In this section, you can read about the product ranges for animals and humans; as well as the other activities of the Group. By clicking on the specific topic on the menu, you can access details like : Product Information, Research Bibliography, and other relevant details. If you require more information, please leave the details at the Interface section.


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 :

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

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 42.97

UK Pound

1

Rs. 84.72

Euro

1

Rs. 66.99

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

6

PAID-UP CAPITAL

1~10

6

OPERATING SCALE

1~10

6

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

7

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

6

--LEVERAGE

1~10

6

--RESERVES

1~10

6

--CREDIT LINES

1~10

6

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

YES

--LITIGATION

YES/NO

NO

--OTHER ADVERSE INFORMATION

YES/NO

NO

MERIT POINTS

 

 

--SOLE DISTRIBUTORSHIP

YES/NO

NO

--EXPORT ACTIVITIES

YES/NO

YES

--AFFILIATION

YES/NO

YES

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

54

 

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

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

NR

In view of the lack of information, they have no basis upon which to recommend credit dealings

No Rating

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions