MIRA
INFORM REPORT
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Report Date : |
29.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
NEXGEN MARKET RESEARCH SERVICES PRIVATE LIMITED |
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Registered Office : |
House No. 169, 2nd Floor, Gali No. 3, Govind Puri, New
Delhi |
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Country : |
India |
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Year of Establishment : |
12.07.2007 |
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Com. Reg. No.: |
165783 |
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CIN No.: [Company
Identification No.] |
U74999DL2007PTC165783 |
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TAN No.: [Tax
Deduction & Collection Account No.] |
DELN08850C |
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PAN No.: [Permanent
Account No.] |
AACCN5748H |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Consultant and Market Researcher |
RATING &
COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
New Company |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
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Comments : |
Subject is a new company and the process of establishing itself. 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. Mahesh Chand Mahtoliya |
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Designation : |
Director |
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Contact No.: |
91-9873177449 |
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Date : |
03.05.2008 |
LOCATIONS
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Registered Office : |
House No. 169, 2nd Floor, Gali No. 3, Govind Puri, New
Delhi, India |
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Tel. No.: |
91-11-64540098 |
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Mobile No.: |
91-9873177449 |
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Fax No.: |
91-11-64544258 |
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E-Mail : |
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Area : |
1000 sq ft (Rented) |
DIRECTORS
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Name : |
Mr. Mahesh Chand Mahtoliya |
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Designation : |
Director |
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Address : |
D-II/33/3306, Shiv Durga Vihar, Faridabad- 121009, Haryana, India |
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Date of Birth/Age : |
01.04.1972 |
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Name : |
Mr. Narshigh Das Mittal |
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Designation : |
Director |
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Date of Birth/Age : |
52 Years |
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Name : |
Mr. Kuldeep Anthwal |
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Designation : |
Director |
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Date of Birth/Age : |
48 Years |
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Name : |
Mr. Manoj Mittal |
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Designation : |
Director |
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Address : |
535, Gali No. 6, Govind Puri, Kalkaji, New Delhi-110019, Dehi, India |
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Date of Birth/Age : |
22.04.1983 |
BUSINESS DETAILS
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Line of Business : |
Consultant and Market Reseacher |
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Services Offered : |
Ø Market Research. Ø Social Research. Ø Promotion and
Events Management. Ø Media Research. Ø Party Auditing
(Neutral Auditing). Ø Networking
Services. Ø Consultancy
Services. Ø Online Services. Ø Technical and
Analytical Services. Ø Customer
Research. Ø Multilingual
Translations. Ø Secondary Research. Ø Transcription. |
GENERAL
INFORMATION
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No. of Employees : |
11 |
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Bankers : |
Ø ICICI Bank Ø Kotk Mahindra
Bank |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Gurudayal and Associates Chartered Accountant |
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 |
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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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5.300 |
Expected Sales (2008-09) : Rs. 10.000 Millions
LOCAL AGENCY FURTHER
INFORMATION
Trade References:
Ø
TTC
Ø
Cocacola
Ø
Nielson
Trustseal
Acceptance Chart
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Parameters |
Details |
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Statutory
Approvals |
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Income Tax Registration |
AACCN5748H |
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Name of Bank |
Kotak Mahindra |
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Current Account Number |
01872090001173 |
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Amount Since |
One Year |
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Cradibility
Factors |
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IndiaMart Client Since |
2 Years |
As per Website:
Subject is an independent, multidisciplinary marketing research, social research
events and products promotions company incorporated in 2005.
Today it’s an ideal platform for data collection and sales promotional
activities for marketers and manufacturers across the world.
NexGen is having its unique expertise in market research, events, promotions,
and social research. As a company, they work very closely with our clients in
providing a very 'hands-on' approach to the management of all campaigns.
Moreover, they are known to provide quality, efficient and proactive responsive
in market research services.
Management Team
Kuldeep Anthwal :
He is a Science Graduate from Delhi
University. Mr. Anthwal has more than 22 years of experience in Market Research
field with world’s leading organization ORG-MARG AC Nielsen at Middle and
Senior Management.
Mahesh Mahtolia :
He is a Science Post Graduate and having
more than 10 years of experience in Market Research Field Services along with
ORG-MARG, AC Nielsen and IDC at various capacities.
Dr. S.Bahl :
He is one of the pioneer of Indian Market
Research.
Milan Kumar Sen :
He is one of the senior most person in the
field of Social Research in India.
Manoj Mittal :
He is a commerce graduate from Delhi
University and have more than 6 years of experience in market research with
some of the leading companies in India.
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.42.85 |
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UK Pound |
1 |
Rs.84.74 |
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Euro |
1 |
Rs.67.36 |
SCORE & RATING
EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
2 |
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PAID-UP CAPITAL |
1~10 |
2 |
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OPERATING SCALE |
1~10 |
-- |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
3 |
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--PROFITABILIRY |
1~10 |
-- |
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--LIQUIDITY |
1~10 |
2 |
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--LEVERAGE |
1~10 |
2 |
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--RESERVES |
1~10 |
2 |
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--CREDIT LINES |
1~10 |
2 |
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--MARGINS |
-5~5 |
-- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
YES |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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15 |
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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