MIRA INFORM REPORT

 

Report Date :

30.08.2011

 

IDENTIFICATION DETAILS

 

Name :

BLUE DIGITAL MEDIA PRIVATE LIMITED

 

 

Registered Office :

69, Sansad Vihar, West Enclave, Pitampura, New Delhi – 110034, Delhi

 

 

Country :

India

 

 

Financials (as on) :

31.03.2010

 

 

Date of Incorporation :

20.11.2009

 

 

Com. Reg. No.:

55-196225

 

 

Capital Investment / Paid-up Capital :

Rs.0.100 Million

 

 

CIN No.:

[Company Identification No.]

U74900DL2009PTC196225

 

 

PAN No.:

[Permanent Account No.]

AADCB8996J

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Subject are engaged in marketing through internet for corporate company or IT company

 

 

No. of Employees :

4 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca (17)

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a new company and yet to established itself gradually. Business is active. Payments terms are unknown.

 

Initially, the company can be considered for business dealings on secured trade terms and conditions.

 

Profit and Loss of the company is not available.

 

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 – June 30, 2010

 

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

India

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. Gaurav Singhal

Designation :

Director

Contact No.:

91-9958078676

Date :

27.08.2011

 

 

LOCATIONS

 

Registered Office :

69, Sansad Vihar, West Enclave, Pitampura, New Delhi – 110034, Delhi, India

Tel. No.:

91-11-46160472

Mobile No.:

91-9958078676 (Mr. Guarav Singhal)

E-Mail :

gaurav@bluedigital.co.in / vrcesolutions@rediffmail.com / shamavikas1973@gmail.com

Website :

www.bluedigitl.co.in

Location :

Owned

 

 

Head Office :

F-112, Basement, Lajpat nagar-II, New Delhi, Delhi, India

Tel. No.:

91-11-46160472

E-Mail :

info@bluedigital.co.in

 

 

Branches :

E-125, 1st Floor, Amar Colony, Lajpat Nagar- 4,New Delhi – 110024, Delhi, India

 

 

DIRECTORS

As on 30.09.2010

 

Name :

Mr. Gaurav Hans Kumar Singhal

Designation :

Director

Address :

304/147, Thater Wara, Meerut – 250002, Uttar Pradesh, India

Date of Birth/Age :

31 Years

Qualification :

PGDM

Date of Appointment :

20.11.2009

DIN No.:

02799087

 

 

Name :

Mr. Taru Anil Raj Agarwal

Designation :

Director

Address :

304/147, Thater Wara, Meerut – 250002, Uttar Pradesh, India

Date of Birth/Age :

30 Years

Qualification :

PGDM

Date of Appointment :

20.11.2009

DIN No.:

02799086

 

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 30.09.2010

 

Names of Shareholders

No. of Shares

Percentage of Holding

Gaurav Hans Kumar Singhal

5000

50%

Taru Gaurav Singhal Agarwal

5000

50%

 

 

 

Total

10000

100%

 

 

Equity Share Break up (Percentage of Total Equity)

 

As on 30.09.2010

 

Category

Percentage

Directors or relatives of Directors

100.00

Total

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Subject are engaged in marketing through internet for corporate company or IT company

 

 

Terms :

 

Purchasing :

Cheque and Advance

 

 

GENERAL INFORMATION

 

Customers :

  • Indo Asia Tours
  • Agewell
  • Travel N More
  • Joes Pros
  • Zedaxis Global
  • Quasar
  • Open Source Technologies

 

 

No. of Employees :

4 (Approximately)

 

 

Bankers :

Royal Bank Of Scotland, Lajpat Nagar Branch

 

 

Facilities :

Unsecured Loans

 

As on

31.03.2010

(Rs. in

Millions)

Unsecured Loans

 

0.080

Total

 

0.080

 

 

 

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Vijay kapoor and Company

Chartered Accountant

Address :

208, Citi Center, Begum Bridge Road, Meerut – 250001, Uttar Pradesh, India

Tel. No.:

91- 121 – 2421319

PAN.:

AAXPK3786A

 

 

CAPITAL STRUCTURE

As on 31.03.2010

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs.0.100 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs.0.100 Million

 

 

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

 

 

31.03.2010

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

 

 

0.100

2] Share Application Money

 

 

0.000

3] Reserves & Surplus

 

 

0.000

4] (Accumulated Losses)

 

 

(0.007)

NETWORTH

 

 

0.093

LOAN FUNDS

 

 

 

1] Secured Loans

 

 

0.000

2] Unsecured Loans

 

 

0.080

TOTAL BORROWING

 

 

0.080

DEFERRED TAX LIABILITIES

 

 

0.004

 

 

 

 

TOTAL

 

 

0.177

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

 

 

0.067

Capital work-in-progress

 

 

0.000

 

 

 

 

INVESTMENT

 

 

0.000

DEFERREX TAX ASSETS

 

 

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

 

 

0.000

 

Sundry Debtors

 

 

0.067

 

Cash & Bank Balances

 

 

0.050

 

Other Current Assets

 

 

0.000

 

Loans & Advances

 

 

0.019

Total Current Assets

 

 

0.136

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditors and other Current Liabilities

 

 

0.002

 

Provisions

 

 

0.039

Total Current Liabilities

 

 

0.041

Net Current Assets

 

 

0.095

 

 

 

 

MISCELLANEOUS EXPENSES

 

 

0.015

 

 

 

 

TOTAL

 

 

0.177

 

 

 

Particulars

 

 

31.03.2011

31.03.2010

Sales Turnover (Approximately)

 

2.000

0.200

 

 

The above information has been parted by Mr. Guarav Hans Kumar Singhal.

 

 

KEY RATIOS

 

PARTICULARS

 

 

 

 

31.03.2010

Debt Equity Ratio

(Total Liability/Networth)

 

 

 

1.30

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

 

 

3.32

 

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Website Details :

 

Overview :

 

Subject is purely a Digital Marketing company based in India and has clients worldwide. It’s a team of digital experts who have spent more than 6 years individually in the digital marketing space. Blue is a Google Adwords Qualified company and their primary focus is to create and manage highly effective Paid Search campaigns. In addition, they create brand awareness, devise engaging conversations with strong creative content team and formulate social engagements on Social Media platforms. Tracking and analyzing via Web Analytics tools is carried out to evaluate the media performance.

 

Their client list includes companies with small! medium budget (between $100- $1 OK per month) that wish to explore digital marketing and realize the need to get it done by professionals or an agency that understand the business and just don’t ask for big money.

 

 They specialize in:

  • Search Engine Optimization
  • Search Engine Marketing
  • Social Media Marketing
  • Creative Content Writing
  • Web Analytics

 

Specialties

Digital Advertising, Search Engine Optimization, Search Engine Marketing, Social Media Marketing, Creative Content Writing, Web Analytics, Online Media Planning

 

Profile :

 

Subject is purely a Digital Marketing company based in India and has clients worldwide. It’s a team of digital experts who have spent more than 6 years individually in the digital marketing space.

 

Blue is a Google Adwords Qualified company and their primary focus is to create and manage highly effective Paid Search campaigns. In addition, they create brand awareness, devise engaging conversations with strong creative content team and formulate social engagements on Social Media platforms. Tracking and analyzing via Web Analytics tools is carried out to evaluate the media performance.

 

Their client list includes companies with small medium budget (between $100 - $1OK per month) that wish to explore digital marketing and realize the need to get it done by professionals or an agency that understand the business and just don’t ask for big money.

 

WHY the word “BLUE”?

 

The color Blue is associated with depth of intelligence, precision in work and superiority in expertise. Possessing these attributes, they justifiably endeavor to raise the branches of “Blue” as high as the Blue of the clouds, with roots as deep as the Blue of the sea.

 

Search Engine Marketing :

 

Today, the Search Engine Marketing or PPC Management is an indispensable resource for all the organizations that wish to expand their customer base. It not only offers instant visibility and traffic, but also ensures that you are paying only when you are seen by the “right” audience. RELEVENCY is the KEY of this marketing medium which is the highest of all marketing channels.

 

SEM has revolutionized the online advertising space; in fact 99% of what Google earns comes from SEM! Blue is one of the few digital marketing companies in the world who work with Small and midsized organizations from step 1 to ROl world in a matter of few months.

 

Why to choose Blue for SEM?

 

Blue asset in Search Marketing is its experienced people, among the first 100 Google Certified professionals worldwide. Blue Core lies in Search Research, Strategy and Identification of target audience, hitting with awesome communication.

They work beyond the campaign around the goals, objectives, target audiences geographic locations, budget, and preferred advertising networks (Google Adwords, Yahoo Search Marketing and Microsoft adCenter). Blue does research, selection and grouping of right targeted keywords.

 

They not only create an effective ad for you, but also determine the best landing page and its suitable design. Besides these, Blue also handles

 

  1. Strategy for positioning and bid management – Ad Quality and relevancy kicks positioning; they balance with appropriate bid price.
  2. landing page multivariate testing – Their landing page science works at a level of repeat visitors who engage with the site, and not just try different pages to observe the immediate performance.
  3. Contextual Advertising - Right Ad to Right Audience at Right Time. It’s difficult to observe contextual targeting as it’s the biggest on the reach. They strategize in a way that you get what you want from the BIG contextual targeting sites.
  4. Stopgap solution to the SEQ campaign — They understand the SEO; they develop search strategy in-sync with SEQ results so that you do not miss out on the positioning.
  5. Analyzing campaign performance (ROl) — Their Analytics capability is not just too fine tune their campaigns and keywords, but to get the optimum output from the every single rupee spent.

 

Search Engine Optimization

 

Out of more than 1 billion people that use internet, around 85% use search engines to visit any given website. More than 80% do not move beyond first 3 pages in Search Engines results. Even when people know the brand, potential customers prefer to locate you online. If you are not visible to this section, you can lose out on a lot of possibilities for business expansion. So it’s imperative to rank high

 

Search engine optimization increases the visibility of a website in the listings of search engine/s. Consequently, it maximizes the number of the potential customers. During the process, the site is optimized to get higher rankings on search engines, while enhancing the number of visitors on the website via those search engines. They determine the aspects that search engines seek while evaluating the relevance of a search term/keyword to the web page. Professional fine-tuning of the website dramatically improves the rank of the webpage for a search item. THEY endeavor to confer high ranks on all popular search engines like Google, Yahoo, Bing, etc in a cost-effective and ethical manner. They know what works as they have the flair for constantly-evolving SEQ tactics. They make you network more so that you sell more.

 

They are backed with professionals who have spent more than 6 yrs individually in the digital marketing space. They effortlessly devise and implement effective tailor-made strategies for online web promotion of the website. They identify the right set of keywords, and work upon and optimize those keywords in favor of the business. Rest assured, others will have it easy to find you out online

 

Their SEO Services include:

 

  • Website SE Auditing
  • SEO Content writing/modification
  • Meta Tags Analysis and re-writing
  • Reciprocal and one-way Link Building
  • Directory Submissions and Bookmarking
  • SE Submissions, Deep link Submissions
  • Article Syndication
  • Press Releases and related Submissions
  • Site Taxonomy
  • Site Mapping - XML Sitemap, Robots.txt
  • SE and User friendly Navigation
  • Pages and Structure naming
  • Optimization on Specialized search engine like Technorati, Google News Search, Google Local Business search, etc
  • Regular auditing and reporting system
  • High ranks stability in SERP’s

 

Social Media Marketing

 

What will BLUE do?

 

Love it or loathe it, there’s no doubt that these words have become an integral part of their lives today. Be it Gen Y, professionals, or home-makers, they have one thing in common. A majority of them thrive on online tools such as blogs, photo hosting websites, discussion forums, micro blogs, bookmarks, social networks, communities, wikis and podcasts, in order to share content, opinions and experiences in form of text, images, audio, and video. The whole gamut comprises Social Media, and the online marketing strategy is not complete without harnessing its power.

 

What will BLUE do ?

 

  • Development, optimization, management and promotion of the Biog Brand management using Social Media monitoring
  • Creation and Management of the profile on Social Media sites (Facebook, Twitter, YouTube, Flickr etc.
  • Community building and monitoring
  • Facebook Advertisement
  • Social bookmarking
  • Empower social channels with newsworthy matter to endorse press releases
  • Forums and Blog discussion Participation
  • Reputation Management! Damage Control
  • Improve visibility on conventional and niche search engines (Technorati etc.)

WEB ANALYTICS

 

They provide Analytics as a professional service to let you know what’5 not working on the website. Following are the KEY areas that they set up for you in a discreet way

 

1. Setup and Configuration:

a) Goals

b) Filters and data inclusion

c) Profiles (review)

d) Google Adwords integration (review)

e) Custom reports

 

2. Tagging and Tracking:

a. Page tagging

b. Event Tracking

c. Value tracking (review)

d. Sub-domains and Third party domains Tracking

e. All paid campaigns tracking

f. Site Search Tracking

g. Email and Mailers tracking

h. Segmentation of traffic (Social/Search/mailers/media/affiliate) Enhancing current analytics tracking

 

3. First to last page tracking (from all sources, with reports)

4. Visitor behavior data, Analysis and recommendations

5. Landing page optimization using analytics for different campaigns

6. Resolve existing issues shared by the client

 


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 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 :

Their 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.45.87

UK Pound

1

Rs.75.45

Euro

1

Rs.66.68

 


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

3

PAID-UP CAPITAL

1~10

2

OPERATING SCALE

1~10

3

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

2

--PROFITABILIRY

1~10

1

--LIQUIDITY

1~10

2

--LEVERAGE

1~10

2

--RESERVES

1~10

-

--CREDIT LINES

1~10

2

--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

NO

--AFFILIATION

YES/NO

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

17

 

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

-

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.