MIRA
INFORM REPORT
|
Report Date : |
01.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
SHIKHAR TRAVELS INDIA PRIVATE LIMITED |
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Registered
Office : |
209, Competent House, F-14, Connaught Place, New Delhi-110001 |
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Country : |
India |
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Financials (as
on) : |
31.03.2010 |
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Date of
Incorporation : |
21.04.1979 |
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Com. Reg. No.: |
55-009562 |
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Capital
Investment / Paid-up Capital : |
Rs. 9.049 Millions |
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CIN No.: [Company Identification
No.] |
U74899DL1979PTC009562 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
DELS21755G |
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PAN No.: [Permanent Account No.] |
AAACS0387F |
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Legal Form : |
Private Limited Liability Limited |
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Line of Business
: |
They are engaged into In bond Tours |
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No. of Employees
: |
33 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
B (28) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 37000 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having moderate track. Trade
relations are recorded as fair. Business is active. Payments are reported to
be slow but correct. The company can be considered for business dealings with some
cautions. |
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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
India |
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
|
Name : |
Mr. Yogesh |
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Designation : |
Accounts Manager |
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Contact No.: |
91-11-47171000 |
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Date : |
29.11.2011 |
LOCATIONS
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Registered Office : |
209, Competent House, F-14, Connaught Place, New Delhi-110001, India |
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Tel. No.: |
91-11-47171000 / 23312444 / 23314847 |
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Fax No.: |
91-11-23323660 |
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E-Mail : |
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Website : |
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Location : |
Owned |
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Overseas Office : |
Located At ·
USA ·
New Zealand |
DIRECTORS
AS ON 24.09.2010
|
Name : |
Ms. Ambika Kumar |
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Designation : |
Director |
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Address : |
D-217, Defence Colony, Delhi-110024, India |
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Date of Birth/Age : |
31.08.1981 |
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Date of Appointment : |
19.07.2000 |
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DIN No.: |
00239949 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1979PTC009562 |
SHIKHAR
TRAVELS INDIA PRIVATE LIMITED |
Director |
19-07-00 |
19-07-00 |
Active |
NO |
|
2 |
U74899DL1995PTC067510 |
SHIKHAR
INTERNATIONAL PRIVATE LIMITED |
Director |
01-08-07 |
01-08-07 |
Active |
NO |
|
Name : |
Ms. Mala Kumar |
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Designation : |
Director |
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Address : |
D-217, Defence Colony, Delhi-110024, India |
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Date of Birth/Age : |
13.11.1952 |
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Date of Appointment : |
14.02.1981 |
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DIN No.: |
00894367 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1979PTC009562 |
SHIKHAR
TRAVELS INDIA PRIVATE LIMITED |
Director |
14-02-81 |
14-02-81 |
Active |
NO |
|
2 |
U74899DL1995PTC067510 |
SHIKHAR
INTERNATIONAL PRIVATE LIMITED |
Director |
19-04-95 |
19-04-95 |
Active |
NO |
|
3 |
U74899DL2000PTC107113 |
SHIKHAR
INFOSYSTEMS PRIVATE LIMITED |
Director |
03-08-00 |
03-08-00 |
Active |
NO |
|
Name : |
Ms. Meenakshi Kumar |
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Designation : |
Director |
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Address : |
D-217, Defence Colony, Delhi-110024, India |
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Date of Birth/Age : |
11.04.1983 |
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Date of Appointment : |
29.09.2003 |
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DIN No.: |
00240003 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1979PTC009562 |
SHIKHAR
TRAVELS INDIA PRIVATE LIMITED |
Director |
29-09-03 |
29-09-03 |
Active |
NO |
|
2 |
U74899DL1995PTC067510 |
SHIKHAR
INTERNATIONAL PRIVATE LIMITED |
Director |
01-08-07 |
01-08-07 |
Active |
NO |
|
Name : |
Mr. Swadesh Kumar |
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Designation : |
Managing Director |
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Address : |
D-217, Defence Colony, Delhi-110024, India |
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Date of Birth/Age : |
19.08.1947 |
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Date of Appointment : |
21.04.1979 |
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DIN No.: |
00239736 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1979PTC009562 |
SHIKHAR
TRAVELS INDIA PRIVATE LIMITED |
Managing
director |
21-04-79 |
21-04-79 |
Active |
NO |
|
2 |
U74899DL1981PTC012901 |
HEMRAJ
BRICK AND ENGINEERING INDUSTRIES PRIVATE LIMITED |
Managing
director |
26-12-81 |
26-12-81 |
Active |
NO |
|
3 |
U74899DL1995PTC067510 |
SHIKHAR
INTERNATIONAL PRIVATE LIMITED |
Director |
19-04-95 |
19-04-95 |
Active |
NO |
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4 |
U74899DL2000PTC107113 |
SHIKHAR
INFOSYSTEMS PRIVATE LIMITED |
Managing
director |
03-08-00 |
03-08-00 |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Yogesh |
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Designation : |
Accounts Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 24.09.2010
|
Names of Shareholders |
No. of Shares |
|
Swadesh Kumar |
57325 |
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Mala Kumar |
30980 |
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Meenakshi Kumar |
340 |
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Ambika Kumar |
340 |
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Swadesh Kumar (HUF) |
1505 |
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Total |
90490 |
AS ON 24.09.2010
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Equity Shares
Break Up |
Percentage |
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Directors or relatives of Directors |
98.34 |
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Other top fifty shareholders |
1.66 |
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Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
They are engaged into In bond Tours |
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Terms : |
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Selling : |
Cash, Credit |
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Purchasing : |
Cash, Credit |
GENERAL INFORMATION
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Customers : |
End Users |
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No. of Employees : |
33 (Approximately) |
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Bankers : |
·
Syndicate Bank, Kasturba Gandhi Marg, New
Delhi-110001, India ·
Syndicate Bank, 25, Jeevan Prakash Building, KG
Marg, Connaught Place, Delhi-110001, India ·
ICICI Bank ·
Kotak Mahindra Bank |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
H Gambhir and Company Chartered Accountant |
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Address : |
J-1813, Chittaranjan Park, Delhi-110019, India |
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Telefax No.: |
91-11-26249900 / 26249901 |
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Email : |
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PAN No.: |
AAAFH2808M |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
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100000 |
Equity Shares |
Rs.100/- each |
Rs. 10.000 Millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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90490 |
Equity Shares |
Rs.100/-
each |
Rs. 9.049
Millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
9.049 |
5.354 |
5.354 |
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2] Share Application Money |
0.000 |
0.000 |
0.000 |
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3] Reserves & Surplus |
0.264 |
1.001 |
2.998 |
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
9.313 |
6.355 |
8.352 |
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LOAN FUNDS |
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1] Secured Loans |
14.057 |
14.183 |
11.681 |
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2] Unsecured Loans |
2.980 |
1.913 |
0.000 |
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TOTAL BORROWING |
17.037 |
16.096 |
11.681 |
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DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
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TOTAL |
26.350 |
22.451 |
20.033 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
8.607 |
8.755 |
8.717 |
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Capital work-in-progress |
0.000 |
1.816 |
0.000 |
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INVESTMENT |
0.000 |
0.000 |
0.000 |
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DEFERREX TAX ASSETS |
2.353 |
1.146 |
0.858 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
0.000
|
0.000 |
0.000 |
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Sundry Debtors |
6.972
|
8.476 |
7.224 |
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Cash & Bank Balances |
0.870
|
2.246 |
0.715 |
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Other Current Assets |
0.000
|
0.000 |
0.000 |
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Loans & Advances |
18.873
|
11.289 |
14.212 |
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Total
Current Assets |
26.715
|
22.011 |
22.151 |
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Less : CURRENT
LIABILITIES & PROVISIONS |
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Sundry Creditors |
4.975
|
8.601 |
7.228 |
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Other Current Liabilities |
5.646
|
7.125 |
11.312 |
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Provisions |
0.704
|
0.653 |
0.545 |
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Total
Current Liabilities |
11.325
|
16.379 |
19.085 |
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Net Current Assets |
15.390
|
5.632 |
3.066 |
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MISCELLANEOUS EXPENSES |
0.000 |
5.102 |
7.392 |
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TOTAL |
26.350 |
22.451 |
20.033 |
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PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
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SALES |
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Tour And Conference Sales |
68.713 |
74.545 |
66.263 |
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Miscellaneous Income |
5.361 |
5.815 |
4.288 |
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TOTAL |
74.074 |
80.360 |
70.551 |
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Less |
EXPENSES |
|
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Tour And Conference Operation Expenses
|
46.550 |
|
68.290 |
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Administrative Expenses |
15.879 |
15.405 |
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Selling and Distribution Expenses |
6.880 |
7.950 |
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TOTAL |
69.309 |
77.971 |
68.290 |
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PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
4.765 |
2.389 |
2.261 |
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Less/ Add |
DEPRECIATION/
AMORTISATION |
2.470 |
1.737 |
1.868 |
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PROFIT / (LOSS)
BEFORE TAX |
2.295 |
0.652 |
0.393 |
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Less |
TAX |
(0.852) |
0.062 |
0.830 |
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PROFIT / (LOSS)
AFTER TAX |
3.147 |
0.590 |
(0.437) |
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Less |
Prior Period Expenses |
0.000 |
0.298 |
NA |
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Less |
Excess provision Adjusted |
(0.001) |
0.000 |
NA |
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Less |
Deferred Revenue Expenses Written Off |
5.103 |
2.288 |
NA |
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Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
(1.263) |
0.733 |
NA |
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BALANCE CARRIED
TO THE B/S |
(3.218) |
(1.263) |
NA |
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