MIRA
INFORM REPORT
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Report Date : |
06.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
MESAME TECHNOLOGIES PRIVATE LIMITED |
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Registered Office : |
44/675 A6, 3rd Floor, Kaippilly Mohamed Ali Towers, Kaippilly
Lane, LFC Road, Kaloor, Cochin – 682 017, Kerala |
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Country : |
India |
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Date of Incorporation : |
18.03.2008 |
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Com. Reg. No.: |
22099 |
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CIN No.: [Company
Identification No.] |
U72200KL2008PTC022099 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Providing IT Services. |
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 : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company and yet to establish track. No payment records are known. Initially, the Company can be considered for any business dealings on
safe and secured trade terms and conditions only. |
INFORMATION PARTED
BY
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Name : |
Mr. Abin |
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Designation : |
Accountant |
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Contact No.: |
91-9847702262 |
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Date : |
05.11.2008 |
LOCATIONS
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Registered Office : |
44/675 A6, 3rd Floor, Kaippilly Mohamed Ali Towers, Kaippilly
Lane, LFC Road, Kaloor, Cochin – 682 017, Kerala, India |
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Tel. No.: |
91-484-3928233 / 4 / 5 / 6 / 7 |
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Mobile No.: |
91-9847702262 |
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Fax No.: |
91-484-4045162 |
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E-Mail : |
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Website : |
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Area : |
1000 Sq. ft. |
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Location : |
Rented |
DIRECTORS
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Name : |
Mr. Mathai Paulose Marikeraputhenpurayil |
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Designation : |
Director |
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Address : |
Marikkera Putehnpurayil House, Meenpara, Pthencruz, Aluva – 682 308,
Kerala, India |
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Date of Birth/Age : |
16.01.1952 |
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Name : |
Mr. Mebin Mathew |
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Designation : |
Managing Director |
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Address : |
Marikaraputhenpurayil House, Meempara P.O, Pthencruz, Ernakulam – 682
308, Kerala, India |
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Date of Birth/Age : |
18.04.1982 |
MAJOR SHAREHOLDERS
/ SHAREHOLDING PATTERN
(As on 12.03.2008)
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Names of Shareholders |
No. of Shares |
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Mathai Paulose Marikeraputhenpurayil
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5000 |
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Mebin Mathew |
5000 |
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Total |
10000 |
BUSINESS DETAILS
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Line of Business : |
Providing IT Services. |
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Services : |
·
Offshore
Instant Talent Service ·
Business
Application Development ·
Offshore Software Development ·
Consulting and Analysis ·
Accounting Services ·
Sales and Marketing Support |
GENERAL
INFORMATION
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No. of Employees : |
10 |
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Bankers : |
Federal Bank Limited, Marine Drive, Kerala |
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Banking
Relations : |
- |
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Auditors : |
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Name : |
G Satveesh Kumar Chartered Accountants |
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Address : |
Cochin |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100 million |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100 million |
FINANCIAL DATA
[all figures are in Rupees Millions]
Not Available
LOCAL AGENCY
FURTHER INFORMATION
Web Details
Subject is an online IT outsourcing service provider with
fast, secure and efficient service that can enable the business to grow, while
keeping the manpower expenses low. Subject focus on one simple, honest value
statement : The client's success is the only priority.
Subject has well developed
IT infrastructure in order to support the client’s business requirements and
even has sound technical experts pool and even has sound technical experts pool
which will help the client to address the technical issues in a more efficient
way thus ensures the quality delivery of the service.
Subject provides healthy
work environment which ensures the high employee productivity.
Subject
delivers its services from Kochi, the commercial capital of Kerala in southern
India of Asian continent and home of the highest density of science and technology personnel in the
country.
Secure and Efficient Remote Workforce Management
Subject is among the few outsourcing firms in India that
offer clients in the U.S. and Europe continent the total control of their
offshore workforce. All subject’s project teams can be managed and monitored
remotely,in real time- using proprietary and easy-to-use Subject Tools Secure
Instant Communications.
CMT REPORT
(Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or investigation
registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE
GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.18 |
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UK Pound |
1 |
Rs.75.05 |
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Euro |
1 |
Rs.60.89 |
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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