Business
information report
1. Summary Information
|
|
|
Country |
India |
|
Company Name |
SUPREME ELECTRICALS |
Principal Name 1 |
Mr. Amit Baid |
|
Status |
Moderate |
Principal Name 2 |
-- |
|
|
|
Registration # |
-- |
|
Street Address |
D-33, Bali
Nagar, New Delhi-110015, Delhi, India |
||
|
Established Date |
1968 |
SIC Code |
-- |
|
Telephone# |
91-11-43821134 |
Business Style 1 |
Importer |
|
Fax # |
91-11-45516181 |
Business Style 2 |
Trader |
|
Homepage |
Product Name 1 |
PVC Resin |
|
|
# of employees |
40 (Approximately) |
Product Name 2 |
HDPE |
|
Paid up capital |
Rs.
4,000,000/- |
Product Name 3 |
LDPE |
|
Shareholders |
-- |
Banking |
HDFC Bank |
|
Public Limited Corp. |
No |
Business Period |
43 yeras |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
B (32) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Sister
Concern |
India |
Shri
Satguru Polychem |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
|
Invest& other Assets |
-- |
Retained Earnings |
-- |
|
|
|
Net Worth |
-- |
|
Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
50,000,000 |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
MIRA
INFORM REPORT
|
Report Date : |
09.08.2011 |
IDENTIFICATION DETAILS
|
Name : |
SUPREME ELECTRICALS |
|
|
|
|
Registered
Office : |
D-33, Bali Nagar, New Delhi-110015, Delhi |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Year of
Establishment : |
1968 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 4.000 millions (Estimated) |
|
|
|
|
TIN No.: |
07550033295 |
|
|
|
|
Legal Form : |
Sole Proprietory Concern. |
|
|
|
|
Line of Business
: |
Importer and Trader for all kind of Prime and Non Prime Plastic raw
materials such as PVC Resin, HDPE (High Density Polyethylene), LDPE (Low
Density Polyethylene), PP (Polypropylene), LLDPE (Low Liner Density
Polyethylene), Plasticizers, Stabilizer, Polymer Additives, Recycled Products
etc. |
|
|
|
|
No. of Employees
: |
40 Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (32) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 16000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
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|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established proprietory concern having moderate track.
Mr. Sanjay, Manager provided to us the general information and denied to
disclose any financial details. Trade relations are reported as fair.
Business is active. Payment terms are unknown. The concern can be considered for business dealings with some caution.
|
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. Sanjay |
|
Designation : |
Manager |
|
Contact No.: |
91-9811036784 |
|
Date : |
08.08.2011 |
LOCATIONS
|
Registered Office : |
D-33, Bali Nagar, New Delhi-110015, Delhi, India |
|
Tel. No.: |
91-11-43821134 / 39 |
|
Mobile No.: |
91-9811058862 / 9811036784 (Mr. Sanjay) |
|
Fax No.: |
91-11-45516181 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
SOLE PROPRIETOR
|
Name : |
Mr. Amit Baid |
|
Designation : |
Proprietor |
|
Address : |
Delhi, India |
|
Date of Birth/Age : |
36 years |
|
Experience : |
14 years |
KEY EXECUTIVES
|
Name : |
Mr. Sanjay |
|
Designation : |
Manager |
BUSINESS DETAILS
|
Line of Business : |
Importer and Trader for all kind of Prime and Non Prime Plastic raw
materials such as PVC Resin, HDPE (High Density Polyethylene), LDPE (Low Density
Polyethylene), PP (Polypropylene), LLDPE (Low Liner Density Polyethylene),
Plasticizers, Stabilizer, Polymer Additives, Recycled Products etc. |
|
|
|
|
Exports : |
|
|
Countries : |
·
Asian Countries |
|
|
|
|
Imports : |
|
|
Countries : |
·
Korea ·
Japan ·
Malaysia |
|
|
|
|
Terms : |
|
|
Selling : |
L/C, Cash, Credit |
|
|
|
|
Purchasing : |
L/C, Cash, Credit |
GENERAL INFORMATION
|
Customers : |
·
Wholesalers ·
Retailers ·
End Users |
|
|
|
|
No. of Employees : |
40 (Approximately) |
|
|
|
|
Bankers : |
·
HDFC Bank Limited, Delhi, India |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Divulged |
|
|
|
|
Sister Concern : |
Shri Satguru Polychem Address: 3216,
Bhadurgarh Road, Sadar Bazar, Delhi-110006, India Tel No.: 91-11-23538958 Line Of
Business: Importer and Trader for all kind of Prime and Non Prime Plastic raw
materials such as PVC Resin, HDPE (High Density Polyethylene), LDPE (Low
Density Polyethylene), PP (Polypropylene), LLDPE (Low Liner Density
Polyethylene), Plasticizers, Stabilizer, Polymer Additives, Recycled Products
etc. |
CAPITAL STRUCTURE
AS ON 31.03.2011
|
Capital Investment : |
|
|
Owned : |
Rs. 4.000 Millions (Estimated) |
|
Borrowed : |
-- |
|
Total : |
Rs. 4.000 Millions (Estimated) |
FINANCIAL DATA
[all figures are
in Rupees Millions]
|
Particulars |
|
|
31.03.2011 |
|
Sales Turnover (Approximately) |
|
|
50.000 |
|
|
|
|
|
The above information has been parted by Mr. Sanjay.
Note : Sole Proprietory and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry Records.
LOCAL AGENCY FURTHER INFORMATION
WEB SITE DETAILS
PROFILE
Subject Head office at D-33, Bali Nagar, New Delhi 110015 was
established in1968.
Over the years Supreme Electricals has been successfully supplying largest
plastic raw materials in India and all over the world and has created strong
partnerships with Plastic industries and clients worldwide.
They are major Importer and trades for all kind of Prime and Non Prime plastic
raw materials such as PVC Resin, HDPE (High Density Polyethylene), LDPE ( Low
Density Polyethylene), PP (Polypropylene),LLDPE ( Low Linear Density
Polyethylene, Plasticizers, Stabilizer, Polymer Additives, Recycled Products
etc.
THEY ARE STOKIST FOR KANEACE IMPACT
MODIFIER AND PROCESSING AID (KANEKA -MALAYSIA AND JAPAN).
Specializes in manufacturing packaging Material including polymer, Plastic Raw
Material, expandable polystyrene resins, EPS Raw materials, and so on. Their
company is consistently developing new formulas to improve the quality and
creating new materials in order to be more of a competitive company in the
market of the same Material.
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. 64.55 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--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 |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
32 |
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.