MIRA
INFORM REPORT
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Report Date : |
07.10.2008 |
IDENTIFICATION
DETAILS
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Name : |
EPPUR IMPEX PRIVATE LIMITED |
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Registered Office : |
1/ 2, First Floor, West Patel Nagar, New Delhi 110008. |
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Country : |
India |
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Date of Incorporations : |
29.05.2007 |
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Com. Reg. No.: |
164120 |
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CIN No.: [Company
Identification No.] |
U51102DL2007PTC164120 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Supplier and Importer of White Wines, Red Wines, Rose Wines, Vodka and
other Liquors and Spirits. |
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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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 in its field and yet to file its first
financials with the Government departments till date. The management declined
to part with any details. No further details or payment could be made available. The company can be considered for small mediocre business dealings
with slight caution, initially. |
LOCATIONS
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Registered Office : |
1/ 2, First Floor, West Patel Nagar, New Delhi – 110008 |
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E-Mail : |
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Tel : |
91-11-65461571 |
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Corporate Office : |
Office No.4, IInd Floor, 3/1, West Patel Nagar, IInd Floor, New Delhi-
110008, India. |
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Tel. No.: |
91-11-45093408-65461571 |
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Fax No.: |
91-11-42488924 |
DIRECTORS
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Name : |
Mr. Shailendra Kapoor |
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Designation : |
Managing Director |
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Name : |
Ms. Vibha Bhalla |
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Designation : |
Director |
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Address : |
˝. West Patel Nagar New Delhi- 110008 |
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Name : |
Mr. Bharat Bhalla |
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Designation : |
Director |
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Address : |
˝ West Patel Nagar New Delhi 11008 |
BUSINESS DETAILS
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Line of Business : |
Supplier and Importer of White Wines, Red Wines, Rose Wines, Vodka and
other Liquors and Spirits. |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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20000 |
Equity Shares |
Rs. 10/- Each |
0.200 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 |
0.100
Million |
LOCAL AGENCY
FURTHER INFORMATION
Web Site Details :
Subject’s philosophy is to respond to the
demands of its clients by bringing quality products to consumers, guaranteed by
leading brands. They deals in distribution of fine and exclusive wines,
spirits, congnas and champagnes. They bring to you some of the finest from
Frances, Australia, Italy and US. They source their range directly from
producers granting it a secure supplying source. For example Eppur launched the
rare and exlusive Champagne Service products for the first time outside France.
There are many excellent reserved wine producers all over France whose wines
are not available outside Europe; Eppur is now offering these exclusive
reserved wines to be Savored outside Europe. Their Specialty is to offer select
wines and spirits to go with different cuisines and occasions.
Subject represents twenty brands with a list
of over 450 products. Together these brands have won hundreds of prestigious
awards and many are Public Limited Liability Company. Company's Shares are
Listed on the Stocks Exchange in “Le Guide Hachette Des Vins 2007” French guide
that lists only selected fine wines. At Eppur
they offer excellent quality to price ratio. There are wines available
for the mass market and fine dinning restaurants as well.
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.47.46 |
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UK Pound |
1 |
Rs.83.37 |
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Euro |
1 |
Rs.64.46 |
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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