MIRA
INFORM REPORT
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Report Date : |
29.04.2011 |
IDENTIFICATION DETAILS
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Name : |
AMRO CRANES PRIVATE LIMITED |
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Registered
Office : |
Shop No. 153, Sector – 28, Shopping Centre, Faridabad -121001, Haryana |
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Country : |
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Date of
Incorporation : |
05.10.2010 |
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Com. Reg. No.: |
041347 |
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CIN No.: [Company Identification
No.] |
U34100HR2010PTC041347 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer,
supplier, exporter, and service provider of machines like Goliath
Cranes, Gentry Crane, D.g.E.o.T Crane, Hand Pallet Truck, Drum Carrier, Hydraulic
Scissor Lift Table, Lifting Magnets, and many more |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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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 complete its one full year o
operations. Business is active. Payments are unknown. The company can be considered for business dealings on a safe and
secured trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – April 1, 2010
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Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INFORMATION PARTED BY
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Name : |
Mr. Prince |
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Designation : |
Purchase Department |
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Contact No.: |
91-129-4310120 |
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Date : |
27.04.2011 |
LOCATIONS
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Registered Office : |
Shop No. 153, Sector – 28, Shopping Centre, Faridabad -121001, Haryana, India |
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Tel. No.: |
91-129-4015461 |
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Fax No.: |
91-129-4310120 |
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E-Mail : |
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Website : |
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Area : |
500 sq. ft. [Owned] |
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Factory 1 : |
Plot No. 31, Sector – 45, Faridabad, Haryana, India |
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Area : |
1000 sq. ft. [Rented] |
DIRECTORS
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Name : |
Mr. Amar Prasad |
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Designation : |
Director |
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Address : |
Shop No. 153, Sector – 28, Shopping Centre, Faridabad -121001, Haryana |
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Date of Birth/Age : |
31.12.1989 |
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DIN No. : |
02969311 |
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Name : |
Mr. Hira Lal Prasad |
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Designation : |
Director |
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Address : |
Shop No. 153, Sector – 28, Shopping Centre, Faridabad -121001, Haryana |
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Date of Birth/Age : |
04.08.1960 |
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DIN No. : |
02969297 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
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Names of Shareholders |
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No. of Shares |
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Mr. Amar Prasad |
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10000 |
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Mr. Hira Lal Prasad |
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10000 |
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Total |
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20000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer,
supplier, exporter, and service provider of machines like Goliath
Cranes, Gentry Crane, D.g.E.o.T Crane, Hand Pallet Truck, Drum Carrier,
Hydraulic Scissor Lift Table, Lifting Magnets,
and many more |
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Products : |
·
Goliath Cranes ·
Hydraulic Floor Jib Crane ·
Gentry Crane ·
Semi Electric Stacker ·
D.g.E.o.T Crane ·
Drum Handling Stacker ·
S.g.E.o.T Crane ·
Electric Stacker ·
Jib Cranes ·
Mini Stacker ·
Electric Hoist ·
Hand Pallet Truck ·
Baby Electric Hoist ·
Drum Carrier ·
Double Girder Overhead Cranes ·
Battery Operated Folk Lift ·
Single Girder Overhead Cranes ·
Pit Mounted Scissor Lift ·
Hand-Operated Overhead Cranes ·
Hydraulic Scissor Lift Table ·
Electric Wire Rope Hoist ·
Rollers Top elevating table ·
Complete Shed Fabrication ·
Cage Lift ·
D.g Cabin Operated Crane ·
Lifting Magnets ·
Mobile Floor Jib Crane ·
Simple Plateform Trolley |
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
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Customers : |
Wholesalers
and Retailers ·
Larsen and Tourbo
Limited ·
Tupperware India
Limited ·
AKC Developers
Limited ·
Anchor Electricals
Private Limited ·
Kotsons India
Limited ·
Hind Rectifiers
Limited ·
Avantha Power
& Infrastructure Limited ·
ASIS Logistic
Limited ·
Raipur Transfomers
Limited ·
Cello Industries
Limited ·
Roop Automotives
Limited ·
Kores India
Limited ·
Orient Coated Pvt
Limited ·
Thomsons Press
India Limited ·
Steriling Tools
Limited ·
Aspex Auto Limited ·
Bajaj Auto Limited ·
New Holland
Tractors Limited ·
Hero Honda Motors
Limited ·
Ranbaxy Group ·
Omax Group ·
Birla Group ·
Escorts Group ·
TVS Group ·
Krishna Maruti ·
L.G. Electronics ·
HBL Power system ·
ALF Engineering
Company ·
Daulatram
Industries ·
K.N Engineering
Works ·
Asian Paints ·
Mother Dairy |
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No. of Employees : |
25 |
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Bankers : |
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HDFC Bank, Faridabad ·
Indian Overseas Bank |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Mr. Amar Kumar Chartered Accountants |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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20000 |
Equity Share |
Rs. 10/- each |
Rs. 0.200 Million |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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20000 |
Equity Share |
Rs. 10/- each |
Rs. 0.200 Million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
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Particulars |
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31.03.2011 |
31.03.2010 |
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Sales Turnover |
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20.000 |
15.000 |
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LOCAL AGENCY FURTHER INFORMATION
Nil
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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.44.34 |
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1 |
Rs.74.13 |
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Euro |
1 |
Rs.65.78 |
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 |
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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NB |
New Business |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.