Business
information report
1. Summary Information
|
|
|
Country |
India |
|
Company Name |
ANOOPAM INDIA PRIVATE LIMITED |
Principal Name 1 |
Mr. Anup Gupta |
|
Status |
Moderate |
Principal Name 2 |
Mrs. Sumitra Gupta |
|
|
|
Registration # |
044911 |
|
Street Address |
Stall No 6, Shopping Cebtre, F Block, Mansarover Garden, New Delhi
110015 |
||
|
Established Date |
08.07.1991 |
SIC Code |
-- |
|
Telephone# |
91-11-32947910 |
Business Style 1 |
Importer and Trader of Estane (Thermoplastic Polyurethane Manufacture
by Lubrizol Inc.) and Formulated Polymers Limited (Nylon 6 and 66) |
|
Fax # |
-- |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
-- |
|
|
# of employees |
30 Approximately |
Product Name 2 |
-- |
|
Paid up capital |
Rs. 5,210,000 |
Product Name 3 |
-- |
|
Shareholders |
Directors or relatives of directors 100% |
Banking |
The Jammu and
Kashmir Bank Limited |
|
Public Limited Corp. |
--- |
Business Period |
20 years |
|
IPO |
--- |
International Ins. |
-- |
|
Public |
--- |
Rating |
B (33) |
|
Related
Company |
|||
|
Relation
|
-- |
Company
Name |
-- |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
46,659,000 |
Current Liabilities |
53,487,000 |
|
Inventories |
28,265,000 |
Long-term Liabilities |
15,235,000 |
|
Fixed Assets |
805,000 |
Other Liabilities |
0 |
|
Deferred Assets |
0 |
Total Liabilities |
68,722,000 |
|
Invest& other Assets |
0 |
Retained Earnings |
1,797,000 |
|
|
|
Net Worth |
7,007,000 |
|
Total Assets |
75,729,000 |
Total Liab. & Equity |
75,729,000 |
|
Total Assets (Previous Year) |
31,655,000 |
|
|
|
P/L Statement as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Sales |
243,407,000 |
Net Profit |
NA |
|
Sales(Previous yr) |
111,347,000 |
Net Profit(Prev.yr) |
NA |
MIRA
INFORM REPORT
|
Report Date : |
09.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
ANOOPAM INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Stall No 6, Shopping Cebtre, F Block, Mansarover Garden, New Delhi
110015 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
08.07.1991 |
|
|
|
|
Com. Reg. No.: |
044911 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 5.210 millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51909DL1991PTC044911 |
|
|
|
|
TIN No.: |
07490159040 |
|
|
|
|
Legal Form : |
Private Limited Liability Company
|
|
|
|
|
Line of Business
: |
Importer and Trader of Estane (Thermoplastic Polyurethane Manufacture
by Lubrizol Inc.) and Formulated Polymers Limited (Nylon 6 and 66) |
|
|
|
|
No. of Employees
: |
30 Approximately |
RATING & COMMENTS
|
MIRA’s Rating : |
B (33) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 28028 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. Profitability
of the company appears to be low. However, trade relations are reported as fair.
Business is active. Payments are reported to be slow but correct. The company can be considered for small mediocre business dealings
with some cautions. Subject was started in 1974 as Anoopam India and converted as Anoopam
India Private Limited on 08.07.1991. |
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
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INFORMATION PARTED BY
|
Name : |
Mr. Manuj Gupta |
|
Designation : |
Executive Officers |
|
Contact No.: |
91-9313314700 |
|
Date : |
06.08.2011 |
LOCATIONS
|
Registered Office / Head Office: |
Stall No 6, Shopping Cebtre, F Block, Mansarover Garden, New Delhi
110015, India |
|
Tel. No.: |
91-11-32947910 |
|
E-Mail : |
|
|
|
|
|
Corporate Office : |
H 15 (Basement), Sector 1, DSIIDC Industrial Area, Bawana, New Delhi
110015, India |
|
Tel. No.: |
91-11-32947910 |
|
Mobile No.: |
91-9313314700 (Mr. Manuj Gupta) |
|
|
|
|
Branches : |
Plot No. 1, II Galli, Rao Bhagat Market,
Sarhaul Village, Sector 18, (Opposite Siemens), Gurgaon, Haryana, India |
|
Tel. No.: |
91-124-4278060 |
|
E-Mail : |
SOLE PROPRIETOR
|
Name : |
Mr. Anup Gupta |
|
Designation : |
Director |
|
Date of Birth/Age : |
27.12.1972 |
|
Date of Appointment : |
08.07.1991 |
|
|
|
|
Name : |
Mrs. Sumitra Gupta |
|
Designation : |
Director |
|
Date of Birth/Age : |
02.10.1954 |
|
Date of Appointment : |
08.07.1991 |
KEY EXECUTIVES
|
Name : |
Mr. Manuj Gupta |
|
Designation : |
Executive Officers |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2010
|
Names of Shareholders |
No. of Shares |
|
Anup Gupta |
23660 |
|
Sumitra Gupta |
12510 |
|
Vinod Kumar |
10 |
|
Madhwika Gupta |
10 |
|
M K Gupta |
6010 |
|
Manuj Gupta |
1800 |
|
Mamta Gupta |
6000 |
|
Total |
50000 |
AS ON 30.09.2010
|
Equity Share
Breakup |
|
Percentage of
Holding |
|
Category |
|
|
|
Directors or relatives of directors |
|
100.00 |
|
|
Total
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Importer and Trader of Estane (Thermoplastic Polyurethane Manufacture
by Lubrizol Inc.) and Formulated Polymers Limited (Nylon 6 and 66) |
|
|
|
|
Agencies Held : |
Agents of Estane (Thermoplastic Polyurethane Manufacture by Lubrizol Inc.) and Formulated Polymers Limited (Nylon 6 and 66). Also, they deal for top of the line plastic producing brands such as Bhansali Egineering Polymers Limited, SRF Polymers Limited, Easter Industries Limited |
|
|
|
|
Terms : |
|
|
Selling : |
Cash, Credit |
|
|
|
|
Purchasing : |
L/C, Cash, Credit |
GENERAL INFORMATION
|
Customers : |
·
Wholesaler ·
Retailers ·
End Users |
||||||||||||
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|
|
||||||||||||
|
No. of Employees : |
30 Approximately |
||||||||||||
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|
|
||||||||||||
|
Bankers : |
·
ICICI Bank Limited ·
The Jammu and Kashmir Bank Limited, Sadar Bazar
Branch, Delhi 110006, India ·
Punjab National Bank ·
Axis Bank ·
Yes Bank Limited, 9th Floor, Nehru Centre,
Discover of India, Dr. Annie Besant Road, Worli, Mumbai 400018, Maharashtra,
India |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
Rs. In Millions
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Bathla and Associates Chartered Accountant |
|
Address 1 : |
21, 1st Floor, NWA Club Road, New Delhi 110026, India |
|
|
|
|
Address 2 : |
Shop No. 6-7, 2nd Floor, Krishna Complex, Jawala Heri,
Paschim Vihar, New Delhi 110063, India |
|
Tel. No.: |
91-11-25257335 |
|
|
|
|
Associates/Subsidiaries : |
Nil |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Shares |
Rs. 100 each |
Rs.10.000 millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
Rs. 100 each |
Rs.5.000 millions |
|
|
Share Application Money |
|
Rs. 0.210 million |
|
|
|
|
Rs. 5.210
millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
5.000 |
0.280 |
0.280 |
|
|
2] Share Application Money |
0.210 |
0.210 |
0.000 |
|
|
3] Reserves & Surplus |
1.797 |
0.619 |
0.092 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
7.007 |
1.109 |
0.372 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.455 |
|
|
2] Unsecured Loans |
15.235 |
5.837 |
4.191 |
|
|
TOTAL BORROWING |
15.235 |
5.837 |
4.646 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
22.242 |
6.946 |
5.018 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.805 |
0.472 |
0.556 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
28.265 |
11.034 |
9.899 |
|
|
Sundry Debtors |
29.114 |
12.884 |
6.987 |
|
|
Cash & Bank Balances |
6.184 |
1.716 |
0.349 |
|
|
Other Current Assets |
8.205 |
1.864 |
0.000 |
|
|
Loans & Advances |
3.156 |
3.685 |
0.167 |
|
Total
Current Assets |
74.924 |
31.183 |
17.402 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
31.269 |
0.000 |
9.535 |
|
|
Other Current Liabilities |
21.502 |
24.488 |
3.330 |
|
|
Provisions |
0.716 |
0.221 |
0.075 |
|
Total
Current Liabilities |
53.487 |
24.709 |
12.940 |
|
|
Net Current Assets |
21.437 |
6.474 |
4.462 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
22.242 |
6.946 |
5.018 |
|
SUMMARIZED PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
|
|
|
|
|
GROSS
TURNOVER |
243.407 |
111.347 |
83.724 |
|
|
|
|
|
|
|
|
DEPRECIATION
|
0.268 |
0.160 |
0.171 |
|
|
|
|
|
|
|
|
NET
PROFIT/LOSS BEFORE TAX |
1.398 |
0.309 |
0.053 |
|
|
|
|
|
|
|
|
INCOME
TAX PROVISION |
0.716 |
0.199 |
0.043 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
9.80
|
27.54 |
47.27 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.40
|
1.26 |
1.34 |
LOCAL AGENCY FURTHER INFORMATION
TRADE REFERENCE:
· Airtop
· Acme Plastics
· Deep Harshi (Abs) Manufacture Company Private Limited
· Hotline Switchgears Controls
· Mutual Crafts Private Limited
· Navyug Udyog Plastics Private Limited
· Star Impact
· Sunshine Industries
· Airon Electricals
· Ambica Enterprises
· Gayatri Industries
· Grandslam Fabrication Private Limited
· Navneet Impex
· Shiva Products
· Jasbir Engineering Company
FIXED ASSETS:
·
Furniture and Fixtures
·
Generator
·
Fan
·
Scooter
·
Office Equipment
·
Refrigerator
·
Cellular Phone
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 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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.96 |
|
|
1 |
Rs.73.94 |
|
Euro |
1 |
Rs.64.56 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
33 |
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
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.