MIRA
INFORM REPORT
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Report Date : |
30.05.2008 |
IDENTIFICATION
DETAILS
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Name : |
BIRLA INSTITUTE OF SCIENTIFIC RESEARCH |
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Registered Office : |
Statue Circle, Jaipur – 302001, Rajasthan |
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Country : |
India |
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Legal Form : |
Research Institute |
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Line of Business : |
Research and Development |
RATING &
COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is a research institute promoted by Birla Group. Trade
relations are fair. The institute can be considered good for normal business dealings. |
LOCATIONS
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Registered Office : |
Statue Circle, Jaipur – 302001, Rajasthan, India |
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Tel. No.: |
91-141-2385283 |
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Fax No.: |
91-141-2385121 |
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E-Mail : |
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Website : |
RESEARCH PERSONNEL
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Name : |
Dr. P Ghosh |
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Name : |
Dr. M Krishnamohan |
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Name : |
Dr. Vinod Nigam |
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Name : |
Dr. R P Pareek |
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Name : |
Dr. S. Sinha Roy |
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Name : |
Dr. M P Punia |
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Name : |
Dr. Anirudh Sahni |
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Name : |
Dr. Kashi Ram Khicher |
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Name : |
Dr. Sampat Mehra |
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Name : |
Mr. P S Solanki |
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Name : |
Mr. Shivani Chandra |
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Name : |
Mr. Binay Kumar Sekhawat |
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Name : |
Mr. Vikram Sekhawat |
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Name : |
Mr. Vikram Sekhawat |
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Name : |
Mr.V S P Sinha |
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Name : |
Mr. R K Gothwal |
OTHER ASSOCIATES
RESEARCH STAFF
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Mr. Radhakishan |
Computer Science |
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Mr. Rakesh Ojha |
Bioinformatics |
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Mr. N. Sivaramaiah |
Microbial biotechnology |
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Mr. Parul Makhija |
Microbial biotechnology |
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Mrs. Sanchita Sinha |
Microbial biotechnology |
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Mr. Alok Kumar Varshey |
Microbial biotechnology |
BUSINESS DETAILS
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Line of Business : |
Research and Development |
GENERAL
INFORMATION
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Bankers : |
Not Available |
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Banking
Relations : |
- |
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Auditors : |
Not Available |
CAPITAL STRUCTURE
Not Available
FINANCIAL DATA
[all figures are in Rupees Millions]
Not Available
LOCAL AGENCY
FURTHER INFORMATION
Profile:
Subject was established in realization of the dreams of
visionary industrialist Mr. Braj Mohan Birla. It is involved in fostering and promoting
various aspects of Science and Technology and has multi-functional activities.
Apart from Research and Development, it promotes science through Museum and
Planetarium. It also has state of the art Convention Facility. The
Institute has emerged as a key centre for the promotion of science, art and
culture under the patronage and leadership of Mrs. and Mr. Ganga Prasad Birla
and Mrs. and Mr. Chandra Kant Birla.
Keeping in view the global trends and the global
opportunities, subject envisions strengthening its position as a leading
R&D Institute in the country by investing in specific infrastructure and
human resources. Networking with the leading institutions/industries in the
identified thrust areas will be one of the important strategies adopted.
Research & Development
Subject undertakes industry and government sponsored projects, and has
made a mark as a leading R&D institution in the country. The research
programmes of subject are concerned principally with Biotechnology and Natural Resource
Management.
Its activities
include:
·
Conduct
basic and applied research in established and emerging areas.
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Organize
quality improvement and customized training programmes.
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Establish
and maintain effective linkages with industry, educational and other institutions.
·
Organize
conferences, symposia, workshops and scientific meetings in the areas of
strategic needs of the country.
COLLABORATION
Subject has the potential to become a preferred institute for
contract research as it has a committed group of scientist and excellent
working environment. It is keen to form mutually beneficial partnership
with R&D institutions and industries.
Subject currently has research collaboration with the
following organizations.
·
Birla Institute of Technology, Mesra, Ranchi
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L' Institut National de La Recherche Scientifique-Eau Terre
et Environement Centre, Quebec, Canada
FACILITIES
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Bioprocessing Laboratory
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Microbiology and Molecular Biology Laboratory
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Plant Tissue Culture Laboratory
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Analytical Chemistry Laboratory
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Bioinformatics Sub - Distributed Information Centre
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Computer Centre
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Remote Sensing and Environmental Laboratory
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Electrical and Electronics Laboratory
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Library
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Tool Room
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.42.77 |
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UK Pound |
1 |
Rs.84.33 |
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Euro |
1 |
Rs.66.65 |
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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