MIRA INFORM REPORT

 

 

Report Date :

16.12.2011

 

 

 

 

Tel. No.:

91-79-22745089

Fax No.:

91-79-25626375

 

 

IDENTIFICATION DETAILS

 

Name :

SHREE AMBICA PLASTIC MACHINERY MANUFACTURING

 

 

Registered Office :

1 – 2, Kansawala Estate, Opposite Chakudia Mahadev, Rakhial, Ahmedabad – 380023, Gujarat

 

 

Country :

India

 

 

Financials (as on) :

31.03.2011

 

 

Year of Establishment  :

1994

 

 

Capital Investment / Paid-up Capital :

Rs.1.000 Million

 

 

Legal Form :

Sole Proprietory Concern

 

 

Line of Business :

Manufacturer and Exporter of Plastic Processing Machinery.

 

 

No. of Employees :

12 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (26)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 4000

 

 

Status :

Small Concern

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is a small concern in its field. Its scale of activities are limited. Trade relations are reported as fair. Business is active. Payments are reported to be slow but correct.

 

Concern can be considered for small business dealings at usual trade terms and conditions.

 

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

 

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. Kalpesh

Designation :

Manager

Contact No.:

91-9825157891

Date :

15.12.2011

 

LOCATIONS

 

Registered Office/ Factory :

1 -2, Kansawala Estate, Opposite Chakudia Mahadev, Rakhial, Ahmedabad – 380 023, Gujarat

Tel. No.:

91-79-22745089/ 65126275 / 22745089 / 5542 6375 / 30472150

Mobile No.:

91-9825157891 (Mr. Kalpesh)

Fax No.:

91-79-22745089 / 22782613 / 2546 9289 / 22771728 / 22910271  / 22910165 / 25469257

E-Mail :

ambica­_kalpesh@hotmail.com

Website :

www.ambicaplasticmachinery.com

www.ambicaplastic.com

Area :

2500 Sq. ft. (Approximately)

Location :

Owned

 

 

SOLE PROPRIETOR

 

Name :

Mr. Bipin R. Gajjar

Designation :

Proprietor

Date of Birth/Age :

56 Years

Qualification :

S.S.C

 

 

KEY EXECUTIVES

 

Name :

Mr. Kalpesh

Designation :

Manager

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer and Exporter of Plastic Processing Machinery.

 

 

Products :

·         Reprocessing Plant

·         Compounding Plant

·         HDPE Pipe Plant

·         Monofilament Plant

·         Jerican Plant

·         Tubing Plant

·         Grinder

·         Mixer 

 

 

Exports :

 

Products :

Plastic Processing Machinery

Countries :

·         Gulf Countries

·         Africa

·         Sri Lanka

 

 

Terms :

 

Selling :

L/C/ Credit (30 days)

 

 

Purchasing :

L/C/ Credit (30 days)/ Advance (50 days)

 

 

GENERAL INFORMATION

 

Suppliers :

·         Farwest Steel Corporation

·         Steel Emporium Limited

 

 

Customers :

Wholesalers

Manufacturer

·         Stone Machines Private Limited

·         Plasmec Engineering Private Limited

·         Piyush Rotomac

·         Ashwin Engineers Private Limited

 

 

No. of Employees :

12 (Approximately)

 

 

Bankers :

·         HDFC Bank, Mani Nagar

·         Kotak Mahindra Bank, Sarangpur Branch, Ahmedabad, Gujarat, India 

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

B. M. Pandit and Associates

Chartered Accountants

 

 

Sister Concerns :

Archana Extruction Machinery Manufacturing

Address: 7, Kansawala Estate, Opposite Chakudia Mahadev, Rakhial, Ahmedabad – 380 023, Gujarat

Line of Business: Manufacturer of Plastic Processing Machinery

 

 

CAPITAL STRUCTURE

 

As on 31.03.2011

 

Capital Investment :

 

Owned :

Rs.1.000 Million

Borrowed :

--

Total :

Rs.1.000 Million

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Particulars

 

31.03.2011

31.03.2010

31.03.2009

Sales Turnover (Approximately)

4.800

4.500

4.500

 

 

 

 

 

Expected Sales (2011-12) : Rs.5.000 Millions

 

The above information has been parted by Mr. Kalpesh.

 

Note : Sole Proprietory and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry.

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Check List by Info Agents

Available in Report (Yes / No)

1) Year of Establishment

Yes

2) Locality of the firm

Yes

3) Constitutions of the firm

Yes

4) Premises details

Yes

5) Type of Business

Yes

6) Line of Business

Yes

7) Promoter’s background

--

8) No. of employees

Yes

9) Name of person contacted

Yes

10) Designation of contact person

Yes

11) Turnover of firm for last two years

Yes

12) Profitability for last three years

No

13) Reasons for variation <> 20%

No

14) Estimation for coming financial year

Yes

15) Capital in the business

Yes

16) Details of sister concerns

Yes

17) Major suppliers

Yes

18) Major customers

Yes

19) Payments terms

Yes

20) Export / Import details (if applicable)

Yes

21) Market information

--

22) Litigations that the firm / promoter

--

23) Banking Details

Yes

24) Banking facility details

No

25) Conduct of the banking account

--

26) Buyer visit details

--