MIRA
INFORM REPORT
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Report Date : |
27.08.2011 |
IDENTIFICATION DETAILS
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Name : |
SOM SUDHA PRAKASHA |
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Registered
Office : |
Plot No. 5, Pocket – 11, Sector -5, Rohini, |
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Country : |
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Financials (as
on) : |
31.03.2011 |
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Year of
Establishment : |
1986 |
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Capital Investment
/ Paid-up Capital : |
Rs. 4.000 Millions (Estimated) |
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Legal Form : |
Sole Proprietory Concern |
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Line of Business
: |
Publication of all kind of Educational books. Federation of Educational Publishers in |
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No. of Employees
: |
30 (Approximately ) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (46) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 16000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established proprietory concern having satisfactory
track. Trade relations are reported as fair. Business is active. Payments are
reported to be usually correct and as per commitments. The concern can be considered |
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. Rupendra Kashyap |
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Designation : |
Proprietor |
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Contact No.: |
91-9811033433 |
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Date : |
25.08.2011 |
LOCATIONS
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Registered Office : |
Plot No. 5, Pocket – 11, Sector -5, Rohini, |
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Tel. No.: |
91-11-27057070 / 27058080 |
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Mobile No.: |
91-9811033433 (Mr. Rupendra Kashyap) |
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Fax No.: |
91-11-27041515 |
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E-Mail : |
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Website : |
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Area : |
144 sq. mtrs. |
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Location : |
Owned |
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Branch : |
Dealer Network |
SOLE PROPRIETOR
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Name : |
Mr. Rupendra Kashyap |
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Designation : |
Proprietor |
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Address : |
Rohini, Sec-3, |
BUSINESS DETAILS
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Line of Business : |
Publication of all kind of Educational books. Federation of Educational Publishers in |
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Terms : |
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Selling : |
Cash, Credit (30 days) |
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Purchasing : |
Cash, Credit (30 days) |
GENERAL INFORMATION
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Customers : |
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No. of Employees : |
30 (Approximately) |
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Bankers : |
Canara Bank, Rohini, Sec – 5, |
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Facilities : |
---- |
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Banking
Relations : |
---- |
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Auditors : |
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Name : |
Not Available |
CAPITAL STRUCTURE
As on : 31.03.2011
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Capital Investment : |
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Owned : |
Rs. 4.000 Millions (Estimated) |
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Borrowed : |
-- |
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Total : |
Rs. 4.000 Millions (Estimated) |
FINANCIAL DATA
[all figures are
in Rupees Millions]
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Particulars |
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31.03.2011 |
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Sales Turnover (Approximately) |
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50.000 |
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The above information has been parted by Mr. Rupendra Kashyap.
Note : Sole Proprietory and Partnership concerns are exempted
from filing their financials with the Government Authorities or Registry
Records.
LOCAL AGENCY FURTHER INFORMATION
TRADE REFERENCES :
Dealer Network
AS PER WEBSITE DETAILS :
The word 'publish' has long been used for publicizing that means
advertising. However, lately it has been used for making available reading
material to public and also gives information besides new and innovative ideas.
Thus publication has to come to be used for bringing to the people the print
material in book form or otherwise. Thus publisher came into the market as
businessmen. Some men had come into this profession to make money only. Others
joined this field with material benefits besides services to the nation by
bringing quality books for readers. They didn't subscribe to sell knowledge
cheap and qualitative.
Subject came into existence thirty year ago with the initiative to
produce affordable quality books for school children without compromising on
quality. Inspired by the success of Art and Craft and Hindi books, Company
published books on many subjects and almost every book is written according to
the new syllabus to provide a touch of inspiration of innovative material.
They include new topics and techniques to keep the student's
interest alive. They made the books more interesting by using colors and
graphics so they can be easy to remember and make the learning process joyful.
Publishers are proud of their production and are grateful to their
eminent and established authors, editors, designers, and other associates
connected with the publishers. Their team of armature and initiator authors
includes Mr. S.N. Chibber, Mr. S.C. Anand, Dr. Balbir Singh and others. They
have never interferes with what the authors write. It has always been left to
them to decide about the contents. They enjoy complete freedom over their
choice to include what they think is the best for the user.
Their
Prestigious Publication are :
1. Learning to
Express
5. Begin with Arts
2. Begin with
Mathematics
6. Knowledge Cyclone
3. My Moral
Values
7. Vasudha
4. Principles
of Accountancy 8. Katha Sarover
These books are printed and published as a complete set of books
i.e. series for all classes. Their Series of English language books have been
prepared to match the best English series available in the market. These have
been accepted and introduced in prominent institutions of India. Similarly,
Hindi language series of books are very popular and are widely accepted. Their
books produced keeping in mind the quality in contents and printing.
They seek from their patrons their views and suggestions. They
appeal to teachers and Principals to go through the contents and quality of the
books and if they find these books useful, they may introduce them in their
school.
Let us all resolve not to compromise on quality. They bank on
their authors and users for their contribution and continued support in their
rise as a publisher of qualitative and affordable books.
Distributors Of :
·
Bashir Book Depot
·
Central Bok Distributors
·
Central Publishers
·
Himanshu Book Depot
·
Katha – 0 – Kahini (Book
Suppliers) Private Limited
·
Modern Stationers
·
Raj Book Depot
·
Vijay Book Depot
·
Ravi Book Depot
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. 46.05 |
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|
1 |
Rs. 75.20 |
|
Euro |
1 |
Rs. 66.47 |
SCORE & RATING EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
5 |
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PAID-UP CAPITAL |
1~10 |
5 |
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OPERATING SCALE |
1~10 |
5 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
5 |
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--PROFITABILIRY |
1~10 |
5 |
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--LIQUIDITY |
1~10 |
5 |
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--LEVERAGE |
1~10 |
5 |
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--RESERVES |
1~10 |
5 |
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--CREDIT LINES |
1~10 |
5 |
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--MARGINS |
-5~5 |
-- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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46 |
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
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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.