MIRA
INFORM REPORT
|
Report Date : |
21.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered
Office : |
222, City Center, 63/2, The Mall, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.12.2010 (Provisional) |
|
|
|
|
Year of
Establishment : |
1991 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AGBPG7551R |
|
|
|
|
Legal Form : |
Sole Proprietory Concern |
|
|
|
|
Line of Business
: |
Providing Media Advertisement. Services. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established concern having satisfactory track. Trade
relations are reported as fair. The valuation report and networth statement
provided seems to be satisfactory. No complaints have been heard from
indirect or market sources. It would be advisable to take adequate securities while dealing with
the subject. |
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. Padam Kumar Gupta |
|
Designation : |
Proprietor |
|
Contact No.: |
91-9839068528 |
|
Date : |
10.02.2011 |
LOCATIONS
|
Registered Office : |
222, City Center, 63/2, The Mall |
|
Tel. No.: |
91-512-3012552/ 2306552 |
|
Mobile No.: |
91-9839068528 (Mr. Padam Kumar Gupta) |
|
E-Mail : |
|
|
Area : |
492 sq. ft. |
|
Location : |
Owned |
SOLE PROPRIETOR
|
Name : |
Mr. Padam Kumar Gupta |
|
Designation : |
Proprietor |
|
Address : |
13, Anand Villa, 4/283, Parvati Bagal Road, |
|
Date of Birth/Age : |
02.10.1964 |
|
Qualification : |
Graduate |
|
Experience : |
20 years |
BUSINESS DETAILS
|
Line of Business : |
Providing Media Advertisement. Services. |
GENERAL INFORMATION
|
Customers : |
End Users |
|
|
|
|
No. of Employees : |
6 |
|
|
|
|
Bankers : |
·
Central Bank of · Corporation Bank |
|
|
|
|
Facilities : |
Credit Limit – Rs.3.700 Millions from Central Bank of |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Shashi Dinesh and Company Chartered Accountant |
|
Address : |
59/54, |
|
Mobile No.: |
91-9839035452 |
|
Email : |
CAPITAL STRUCTURE
PROPRIETOR’S
CAPITAL ACCOUNTS
(RS.
IN MILLIONS)
|
Particulars |
31.12.2010 (Provisional) |
|
|
|
|
Mr. Padam Kumar
Gupta |
|
|
Opening Balance |
9.129 |
|
Add: Introduced |
0.400 |
|
Add: Profit |
0.736 |
|
|
|
|
Total |
10.265 |
|
|
|
|
Less: Drawings |
0.256 |
|
|
|
|
SUB – TOTAL |
10.009 |
------------------------------------------------------------------------------------------------------------------------------
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.12.2010 (Provisional) |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
|
1] Share Capital |
10.009 |
9.129 |
2.578 |
2.121 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
10.009 |
9.129 |
2.578 |
2.121 |
|
|
LOAN FUNDS |
|
|
|
|
|
|
1] Secured Loans |
4.232 |
2.314 |
0.493 |
0.649 |
|
|
2] Unsecured Loans |
0.399 |
0.399 |
0.400 |
0.050 |
|
|
TOTAL BORROWING |
4.631 |
2.713 |
0.893 |
0.699 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
TOTAL |
14.640 |
11.842 |
3.471 |
2.820 |
|
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
1.226 |
1.327 |
0.548 |
0.644 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
|
Inventories |
0.000
|
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
38.363
|
30.403
|
34.228 |
22.503 |
|
|
Cash & Bank Balances |
0.152
|
1.267
|
0.192 |
0.227 |
|
|
Other Current Assets |
2.033
|
2.033
|
2.245 |
1.251 |
|
|
Loans & Advances |
0.114
|
0.470
|
0.000 |
0.000 |
|
Total
Current Assets |
40.662
|
34.173 |
36.665 |
23.981 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
|
Sundry Creditor |
27.248
|
22.261
|
33.548 |
21.526 |
|
|
Other Current Liabilities |
0.000
|
1.397
|
0.194 |
0.279 |
|
|
Provisions |
0.000
|
0.000
|
0.000 |
0.000 |
|
Total
Current Liabilities |
27.248
|
23.658 |
33.742 |
21.805 |
|
|
Net Current Assets |
13.414
|
10.515 |
2.923 |
2.176 |
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
TOTAL |
14.640 |
11.842 |
3.471 |
2.820 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.12.2010 (Provisional) |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
Income |
77.855 |
96.553 |
88.129 |
58.534 |
|
|
|
Other Income |
0.000 |
0.000 |
0.298 |
0.046 |
|
|
|
TOTAL |
77.855 |
96.553 |
88.427 |
58.580 |
|
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
|
Payment to Media for Publicity |
74.527 |
91.323 |
82.686 |
53.882 |
|
|
|
Business Promotion Expenses |
0.065 |
0.151 |
0.100 |
0.056 |
|
|
|
Commission on |
0.223 |
0.805 |
1.293 |
1.043 |
|
|
|
Electricity Expenses |
0.056 |
0.076 |
0.079 |
0.020 |
|
|
|
General Expenses |
0.000 |
0.000 |
0.000 |
0.024 |
|
|
|
Office Expenses |
0.030 |
0.038 |
0.035 |
0.077 |
|
|
|
Salary |
0.656 |
0.580 |
0.420 |
0.545 |
|
|
|
Mobile Expenses |
0.065 |
0.086 |
0.058 |
0.056 |
|
|
|
Services Tax |
0.655 |
1.179 |
1.547 |
1.023 |
|
|
|
Travelling Expenses |
0.035 |
0.033 |
0.002 |
0.120 |
|
|
|
Other Expenses |
0.705 |
1.068 |
1.252 |
0.964 |
|
|
|
TOTAL |
77.017 |
95.339 |
87.472 |
57.810 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
0.838 |
1.214 |
0.955 |
0.770 |
|
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.102 |
0.257 |
0.096 |
0.122 |
|
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
0.736 |
0.957 |
0.859 |
0.648 |
|
KEY RATIOS
|
PARTICULARS |
|
31.12.2010 (Provisional) |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
0.95
|
0.99 |
0.97 |
1.11 |
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.95
|
0.99 |
0.97 |
1.11 |
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.76
|
2.70 |
2.31 |
2.63 |
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.07
|
0.10 |
0.33 |
0.31 |
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
3.19
|
2.89 |
13.43 |
10.61 |
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.49
|
1.44 |
1.09 |
1.10 |
LOCAL AGENCY FURTHER INFORMATION
OPERATING STATEMENT
(RS.
IN MILLIONS)
|
PARTICULARS |
31.03.2011 |
31.03.2012 |
|
|
(Estimated) |
(Projected) |
|
Gross Sales |
|
|
|
Sales – Domestic |
110.000 |
126.000 |
|
Sales – Export |
0.000 |
0.000 |
|
|
|
|
|
Less: Excise Duty |
0.000 |
0.000 |
|
|
|
|
|
Net Sales |
110.000 |
126.000 |
|
|
|
|
|
% rise [+] or fall [-] in net sales as compared to
previous year |
13.93% |
14.55% |
|
|
|
|
|
COST OF SALES |
|
|
|
Raw Materials [Including stores and other items used in
the process of manufacture] |
|
|
|
[a] Imported |
0.000 |
0.000 |
|
[b] Indigenous |
104.000 |
118.000 |
|
|
|
|
|
Other Spares |
|
|
|
[a] Imported |
0.000 |
0.000 |
|
[b] Indigenous |
0.000 |
0.000 |
|
|
|
|
|
Cartage Inward |
0.000 |
0.000 |
|
Direct Labour (Wages) |
0.000 |
0.000 |
|
Power and fuel |
0.000 |
0.000 |
|
Depreciation |
0.204 |
0.168 |
|
|
|
|
|
Sub Total |
104.204 |
118.168 |
|
|
|
|
|
Add : Opening Stocks - of Stock in Process |
0.000 |
0.000 |
|
|
|
|
|
Sub Total |
104.204 |
118.168 |
|
|
|
|
|
Deduct : Closing Stock of Stock in Process |
0.000 |
0.000 |
|
|
|
|
|
Cost of
Production |
104.204 |
118.168 |
|
|
|
|
|
Add : Opening Stocks - of Finished Goods |
0.000 |
0.000 |
|
|
|
|
|
Sub Total |
104.204 |
118.168 |
|
|
|
|
|
Deduct : Closing Stock of Finished Goods |
0.000 |
0.000 |
|
|
|
|
|
Total
Cost of Sales |
104.204 |
118.168 |
|
|
|
|
|
Selling, General and Administrative Expenses |
4.000 |
4.700 |
|
|
|
|
|
Sub
– Total |
108.204 |
122.868 |
|
|
|
|
|
Operating Profit Before Interest |
1.796 |
3.132 |
|
|
|
|
|
Interest on T/L |
0.000 |
0.000 |
|
Interest on C/C |
0.550 |
0.800 |
|
|
|
|
|
Operating Profit After Interests
|
1.246 |
2.332 |
|
|
|
|
|
Profit before
tax / loss |
1.246 |
2.332 |
|
|
|
|
|
Provisions for Taxes |
0.000 |
0.000 |
|
|
|
|
|
Net Profit/Loss |
1.246 |
2.332 |
|
|
|
|
|
Retained Profit |
0.746 |
1.782 |
|
|
|
|
|
Retained
Profit/Net profit (%) |
59.88 % |
76.42% |
|
|
|
|
|
Gross Profit Ratio |
5.27% |
6.22% |
|
|
|
|
|
Net Profit Ratio |
1.13% |
1.85% |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
(RS.
IN MILLIONS)
|
CURRENT
LIABILITIES |
31.03.2011 |
31.03.2012 |
|
|
(Estimated) |
(Projected) |
|
|
|
|
|
CURRENT
LIABILITIES |
|
|
|
Short – Term borrowings from banks [including bill purchased,
discounted and excess borrowings placed on repayment basis] |
|
|
|
I] from Applicant Bank
|
8.000 |
8.000 |
|
II] From Others Banks |
0.000 |
0.000 |
|
III] (Of Which BP and BD) |
0.000 |
0.000 |
|
|
|
|
|
Sub – Total |
8.000 |
8.000 |
|
|
|
|
|
Short-term borrowing from other |
0.000 |
0.000 |
|
Sundry Creditor (Trade) |
18.000 |
18.500 |
|
Advance/Payment from Customers/Deposit from dealers |
0.000 |
0.000 |
|
Provision for Taxation |
0.000 |
0.000 |
|
Dividend Payable |
0.000 |
0.000 |
|
Other Statutory liabilities (due within one year) |
0.000 |
0.000 |
|
Deposits/installments of term loans/DPG debentures etc |
0.000 |
0.000 |
|
Other current liabilities and provisions (due within one year)
(specify major items) |
1.500 |
1.600 |
|
|
|
|
|
Sub-Total |
19.500 |
20.100 |
|
|
|
|
|
TOTAL CURRENT
LIABILITIES |
27.500 |
28.100 |
|
|
|
|
|
TERM LIABILITIES |
|
|
|
|
|
|
|
Debenture (not maturing within one year) |
0.000 |
0.000 |
|
Preference shares redeemable after one year |
0.000 |
0.000 |
|
Term loan (excluding) installments |
0.400 |
0.200 |
|
Unsecured Loans and Deposits |
0.399 |
0.399 |
|
Deferred payment credits (Excluding installments due within one year) |
0.000 |
0.000 |
|
Term deposit (repayable after one year) |
0.000 |
0.000 |
|
Other term liabilities |
0.000 |
0.000 |
|
|
|
|
|
TOTAL TERM
LIABILITIES |
0.799 |
0.599 |
|
|
|
|
|
TOTAL
OUTSIDE LIABILITIES |
28.299 |
28.699 |
|
|
|
|
|
NET WORTH |
|
|
|
|
|
|
|
Ordinary Share Capital |
7.905 |
7.905 |
|
General Reserve |
0.000 |
0.000 |
|
Revaluation Reserve |
0.000 |
0.000 |
|
Other Reserve (Capital Reserve) |
0.000 |
0.000 |
|
Surplus (+) or Deficit (-) in Profit and loss account |
1.972 |
3.755 |
|
|
|
|
|
TOTAL NET WORTH |
9.877 |
11.600 |
|
|
|
|
|
TOTAL
LIABILITIES |
38.176 |
40.359 |
|
|
|
|
|
ASSETS CURRENT
ASSETS |
|
|
|
Cash and Bank Balances |
0.552 |
0.552 |
|
|
|
|
|
Investment (other than long) term Investment |
0.000 |
0.000 |
|
|
|
|
|
I) Receivables other than deferred and exports |
34.000 |
36.100 |
|
(Including bill purchased and discounted by bankers) |
|
|
|
|
|
|
|
Installment of deferred receivables (Due within 1 year) |
0.000 |
0.000 |
|
|
|
|
|
Inventory: |
|
|
|
Raw Materials (including stores and other items used in the process of
manufacture) |
0.000 |
0.000 |
|
Stock-in-traders |
0.000 |
0.000 |
|
Finished Goods |
0.000 |
0.000 |
|
Advances to supplier of raw material and stores/spares |
0.000 |
0.000 |
|
Advance Payment of Tax |
0.000 |
0.000 |
|
Other current assets |
2.500 |
2.750 |
|
|
|
|
|
TOTAL CURRENT
ASSETS |
37.052 |
39.402 |
|
|
|
|
|
FIXED ASSETS |
|
|
|
Gross Block |
1.803 |
1.803 |
|
|
|
|
|
Depreciation to Date |
0.679 |
0.846 |
|
|
|
|
|
Net Block |
1.124 |
0.957 |
|
|
|
|
|
OTHER
NON-CURRENT ASSETS |
|
|
|
|
|
|
|
Investment/Book debts/adv/depo which are not current assets |
|
|
|
a) investment in subsidiary com/Affi |
0.000 |
0.000 |
|
b) Others |
0.000 |
0.000 |
|
|
|
|
|
Advance to Suppliers of capital goods and contractors |
0.000 |
0.000 |
|
Deferred receivables |
0.000 |
0.000 |
|
Others |
0.000 |
0.000 |
|
|
|
|
|
Other Investment/ Deposit Loans |
0.000 |
0.000 |
|
|
|
|
|
Non-Consumables Stores and spares |
0.000 |
0.000 |
|
|
|
|
|
Other non-current assets incldg. Dues from directors |
0.000 |
0.000 |
|
|
|
|
|
TOTAL THER
NON-CURRENT ASSETS |
0.000 |
0.000 |
|
|
|
|
|
Intangible Assets (patents, goodwill) prelim exp bad/doubtful debts
not provided for etc. |
0.000 |
0.000 |
|
|
|
|
|
TOTAL ASSETS |
38.176 |
40.359 |
|
|
|
|
|
Tangible Net Worth |
9.877 |
11.660 |
|
|
|
|
|
Net Working Capital |
9.552 |
11.302 |
|
|
|
|
|
Current ratio |
1.35 |
1.40 |
|
|
|
|
|
TOTAL OUTSIDE
LIABILITIES/ TANGIBLE NET WORTH |
2.87 |
2.46 |
|
|
|
|
|
TOTAL TERM
LIABILITIES/ TANGIBLE NET WORTH |
0.08 |
0.05 |
------------------------------------------------------------------------------------------------------------------------------
COMPARATIVE STATEMENT OF
CURRENT ASSETS AND CURRENT LIABILITIES
(RS
IN MILLIONS)
|
Particulars |
31.03.2011 |
31.03.2012 |
|
|
(Estimated) |
(Projected) |
|
Raw Materials |
|
|
|
[a] Imported |
0.000 |
0.000 |
|
Months Consumption |
0.000 |
0.000 |
|
[b] Indigenous |
0.000 |
0.000 |
|
Months Consumption |
0.000 |
0.000 |
|
|
|
|
|
Other consumable spares |
|
|
|
Excluding those included 1 above |
|
|
|
[a] Imported |
0.000 |
0.000 |
|
Months Consumption |
0.000 |
0.000 |
|
[b] Indigenous |
0.000 |
0.000 |
|
Months Consumption |
0.000 |
0.000 |
|
|
|
|
|
Stock in process |
0.000 |
0.000 |
|
Months cost of production |
0.000 |
0.000 |
|
|
|
|
|
Finished goods |
0.000 |
0.000 |
|
Months cost of sales |
0.000 |
0.000 |
|
|
|
|
|
Receivable other than export and deferred
receivables [including bills purchased and discounted by bankers] |
34.00 |
36.100 |
|
Months domestic sales |
3.71 |
3.44 |
|
|
|
|
|
Export receivables [including bills
purchased and discounted by bankers] |
0.000 |
0.000 |
|
Months export sales |
0.00 |
0.00 |
|
|
|
|
|
Advances to suppliers of raw materials and stores/
spares consumable |
0.000 |
0.000 |
|
|
|
|
|
Other current Assets including cash and bank
balances and deferred receivable due within one year |
3.052 |
3.302 |
|
|
|
|
|
TOTAL CURRENT ASSETS |
37.052 |
39.402 |
|
|
|
|
|
B CURRENT LIABILITIES |
|
|
|
[Other than bank borrowing for working
capital] |
|
|
|
|
|
|
|
Creditors for purchases of raw materials and
stores and consumable spares |
18.000 |
18.500 |
|
Months Purchases |
2.08 |
1.88 |
|
|
|
|
|
Advances from customers |
0.000 |
0.000 |
|
|
|
|
|
Statutory Liabilities |
0.000 |
0.000 |
|
|
|
|
|
Other current liability including short term
borrowing dividend payable, installment of DPG public deposit, debentures etc
|
1.500 |
1.600 |
|
|
|
|
|
TOTAL |
19.500 |
20.100 |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF
MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL
(RS IN MILLIONS)
|
Particulars |
31.03.2011 |
31.03.2012 |
|
|
(Estimated) |
(Projected) |
|
|
|
|
|
FIRST METHOD OF
LENDING |
|
|
|
|
|
|
|
Total current assets |
37.052 |
39.402 |
|
|
|
|
|
Other Current Liabilities [Other than bank borrowings] |
19.500 |
20.100 |
|
|
|
|
|
Working capital gap [WCG] |
17.552 |
19.302 |
|
|
|
|
|
Min. stipulated Net Working Capital – 25 % of total current assets other than Export Receivables |
4.388 |
4.826 |
|
|
|
|
|
Actual / Projected net working capital |
9.552 |
11.300 |
|
|
|
|
|
Item 3 minus item 4 |
13.164 |
14.477 |
|
|
|
|
|
Item 3 minus item 5 |
8.000 |
8.000 |
|
|
|
|
|
Maximum permissible bank finance [item 6 or 7, whichever is lower] |
8.000 |
8.000 |
|
|
|
|
|
Excess borrowings, if any representing shortfall in NWC |
(5.164) |
(6.476) |
|
|
|
|
|
|
|
|
|
SECOND METHOD OF
LENDING |
|
|
|
|
|
|
|
Total current assets |
37.052 |
39.402 |
|
|
|
|
|
Other Current Liabilities [Other than bank borrowings] |
19.500 |
20.100 |
|
|
|
|
|
Working capital gap [WCG] |
17.552 |
19.302 |
|
|
|
|
|
Min. stipulated Net Working Capital – 25 % of total current assets other than Export Receivables |
9.203 |
9.851 |
|
|
|
|
|
Actual / Projected net working capital |
9.552 |
11.302 |
|
|
|
|
|
Item 3 minus item 4 |
8.289 |
9.452 |
|
|
|
|
|
Item 3 minus item 5 |
8.000 |
8.000 |
|
|
|
|
|
Maximum permissible bank finance [item 6 or 7, whichever is lower] |
8.000 |
8.000 |
|
|
|
|
|
Excess borrowings, if any representing shortfall in NWC |
(0.289) |
(1.451) |
------------------------------------------------------------------------------------------------------------------------------
FUNDS FLOW
STATEMENT
(RS IN MILLIONS)
|
Particulars |
31.03.2011 |
31.03.2012 |
|
|
(Estimated) |
(Projected) |
|
SOURCES |
|
|
|
|
|
|
|
Net Profit (After Tax) |
0.746 |
1.782 |
|
Depreciation |
0.204 |
0.168 |
|
Increase in Capital |
0.000 |
0.000 |
|
Increase in Term Liabilities |
0.000 |
0.000 |
|
Decrease in: |
|
|
|
- Fixed Assets |
0.000 |
0.000 |
|
- Other Non Current Assets |
0.000 |
0.000 |
|
- Tangible Assets |
0.000 |
0.000 |
|
|
|
|
|
SUB TOTAL |
0.950 |
1.950 |
|
|
|
|
|
USES |
|
|
|
|
|
|
|
Decrease in Term Liabilities |
0.206 |
0.200 |
|
Decrease in Capital |
0.000 |
0.000 |
|
Increase in: |
|
|
|
- Fixed Assets |
0.000 |
0.000 |
|
- Other Non Current Assets |
0.000 |
0.000 |
|
- Intangible Assets |
0.000 |
0.000 |
|
Others |
0.000 |
0.000 |
|
|
|
|
|
SUB TOTAL |
0.206 |
0.200 |
|
|
|
|
|
Long Term Surplus (+) Deficit (-) |
0.714 |
1.750 |
|
|
|
|
|
Increase/ decrease in Current Assets |
2.878 |
2.350 |
|
|
|
|
|
Increase/ decrease in current Liabilities other than Bank Borrowings |
(4.158) |
0.600 |
|
|
|
|
|
Increase / Decrease in Working Capital Gap |
7.036 |
1.750 |
|
|
|
|
|
Net Surplus [+] / Deficit [-] [Difference of 3 & 6] |
(6.292) |
0.000 |
|
|
|
|
|
Increase / Decrease in Bank Borrowings |
6.292 |
0.000 |
|
|
|
|
|
INCREASE / DECREASE IN NET SALES |
13.447 |
16.000 |
|
|
|
|
|
BREAK UP OF (4) |
|
|
|
|
|
|
|
Increase/ Decrease in Stock |
0.000 |
0.00 |
|
|
|
|
|
Increase/ Decrease in Receivables |
3.596 |
2.100 |
|
|
|
|
|
Increase/ Decrease in Stores |
0.000 |
0.000 |
|
|
|
|
|
Increase/ Decrease in Other current Assets |
(0.718) |
0.250 |
|
|
|
|
|
Total Increase in current Assets |
2.878 |
2.350 |
|
|
|
|
|
Increase/ decrease in Current Liabilities |
(4.158) |
0.600 |
|
|
|
|
|
Increase/ Decrease in working Capital Gap |
7.036 |
1.750 |
|
|
|
|
|
Increase/ Decrease in |
0.000 |
0.000 |
------------------------------------------------------------------------------------------------------------------------------
FINANCIAL RATIOS
|
Particulars |
31.03.2011 |
31.03.2012 |
|
|
(Estimated) |
(Projected) |
|
|
|
|
|
Debts Equity Ratio |
0.08 |
0.05 |
|
|
|
|
|
TCA |
370.52 |
39.402 |
|
|
|
|
|
OCL |
195.00 |
201.00 |
|
|
|
|
|
WC GAP |
175.52 |
193.02 |
|
|
|
|
|
NWC |
95.52 |
113.02 |
|
|
|
|
|
BF |
80.00 |
80.00 |
|
|
|
|
|
NWC/ TCA (%) |
25.78% |
28.68% |
|
|
|
|
|
BF/ TCA (%) |
21.59% |
20.30% |
|
|
|
|
|
OCL / TCA (%) |
52.63% |
51.01% |
|
|
|
|
|
Sundry Creditors to TCA (%) |
48.58% |
46.95% |
|
|
|
|
|
Inventories to Net Sales (Days) |
0.00 |
0.00 |
------------------------------------------------------------------------------------------------------------------------------
PROFILE
|
Name
|
Mrs. Sadhana Gupta |
|
|
|
|
Father’s
Name |
Mr. Krishan Kumar Omar |
|
|
|
|
Date
of Birth |
10.04.1969 |
|
|
|
|
Address
|
13, Anand Villa, 4/283 B, |
|
|
|
|
PAN
No.: |
ACZPG3748A |
|
|
|
|
Educational
Qualification |
Graduate |
|
|
|
|
Contact
Nos. |
Residential No.: 91-512-3048249 |
STATEMENT OF
ASSETS AND LIABILITIES
(MRS.
SADHANA GUPTA)
(RS.
IN MILLIONS)
ASSETS
DETAILS
OF IMMOVABLE PROPERTY
|
Particulars |
(Rs. In Millions) |
|
|
|
|
Residential House Property situated at 13, Anand Villa, 4/283 B, Measuring 2600 sq. ft. (1/2 Shares) |
10.000 |
|
|
|
|
Total |
10.000 |
DETAILS
OF MOVABLE PROPERTY
|
Particulars |
(Rs. In Millions) |
|
|
|
|
Jewellery |
3.800 |
|
House Hold Goods |
0.600 |
|
Cash and Bank |
0.200 |
|
Shares/ LIC/ MF etc |
0.500 |
|
Shares in |
0.198 |
|
Investment in |
2.500 |
|
|
|
|
Total |
7.798 |
|
TOTAL ASSETS |
RS.17.798 MILLIONS |
|
NET WORTH |
RS.17.798 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF
ASSETS AND LIABILITIES
(MRS.
SADHANA GUPTA)
7(RS.
IN MILLIONS)
ASSETS
DETAILS
OF IMMOVABLE PROPERTY
|
Particulars |
(Rs. In Millions) |
|
|
|
|
Residential House Property situated at 13, Anand Villa, 4/283 B, Measuring 2600 sq. ft. (1/2 Shares) |
10.000 |
|
Office at 222, City Centre 63/2, The Mall, Kanpur measuring 200 sq.
ft. |
2.000 |
|
|
|
|
Total |
12.000 |
DETAILS
OF MOVABLE PROPERTY
|
Particulars |
(Rs. In Millions) |
|
|
|
|
Cars |
|
|
1. Make – |
0.900 |
|
2. Make – |
0.650 |
|
Two Wheelers |
|
|
1. Make – |
0.070 |
|
2. Scooter |
0.005 |
|
|
|
|
Jewellery |
3.000 |
|
House Hold Goods |
0.500 |
|
Cash and Bank |
0.250 |
|
Investment in Business ( |
9.129 |
|
Investment in ( |
10.000 |
|
Investment in Business (Eureka Communication and Media services
Private Limited) |
3.500 |
|
|
|
|
Total |
28.004 |
|
TOTAL ASSETS |
RS.40.004 MILLIONS |
LIABILITIES
|
Particulars |
(Rs. In Millions) |
|
|
|
|
Loan from HDFC Bank Against Office |
1.151 |
|
Unsecured Loan From HDFC Bank |
0.563 |
|
Bank of |
0.557 |
|
Unsecured Loan From Magma Finance |
0.387 |
|
|
|
|
TOTAL
LIABILITIES |
2.658 |
|
NET WORTH |
RS.37.346 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
VALUATION
REPORT
GENERAL
INFORMATION
|
Name of the Party/ Purchases and Address |
|
|
|
|
|
Name/s of the reported owner/ Name/s of persons in whose Name/s the
property registered and address |
1) Mrs. Sadhna Gupta. W/o Mr. Padam Kumar Gupta. 2) Mr. Padam Kumai Gupta. S/o Mr. |
|
|
|
|
Purpose of Valuation |
To determine the fair market value for equitable mortgage / Collateral
Security |
|
|
|
|
List of Document produced for perusal |
Photocopy of |
|
|
|
|
Date of Inspection |
11.01.2011 |
|
|
|
|
Date of Valuation |
27.01.2011 |
|
|
|
|
Approximate distance from the branch to the property |
7 kms from the branch |
|
|
|
|
Situation / Location/ brief description of the land/ site and brief
description of the Building |
The property under valuation is three storey residential duplex
Bunglow situated at Private Plot No: 13. Premises No: 4/ 283-B, Purana
Kanpur, |
|
|
|
|
Boundaries of the Property |
North: private Plot No.12 South: Private No. 14 East: Premises 4/283(Part) West: Common Passage de link to 80’0: wide Road |
|
|
|
|
Property Tax Details |
NA |
|
|
|
|
General Remarks |
The Valuation of the property is done by Land and building method |
|
|
|
|
VALUATION
DETAILS – A. LAND |
|
|
The total Area (Extent) of the site/ Land |
191.90 Sq. mt. |
|
|
|
|
Character of locality |
Residential |
|
|
|
|
Classification |
Middle Class |
|
|
|
|
Development of Surrounding Area |
Fully Developed |
|
|
|
|
Is the locality subjected to frequent Flooding |
No |
|
|
|
|
Feasibility to the civic amenities like School, Hospital, Office,
Markets CIC |
Near By |
|
|
|
|
Shape of the land: |
Rectangular |
|
|
|
|
Type of use to which it can be put |
Residential |
|
|
|
|
Nature of right, whether, leasehold / freehold: |
Freehold |
|
|
|
|
Road Facility |
Available |
|
|
|
|
Water Supply/ Potentiality |
Available |
|
|
|
|
Underground Sewerage Systems |
Connected to municipal sewer |
|
|
|
|
Prevailing Unit Market Rate |
Rs.35,000.00 per Sq. Mt. |
|
|
|
|
Unit rate adopted in this valuation |
Rs.35,000.00 per Sq. Mt. |
|
|
|
|
Valuation of the site/ Land |
Rs.6.717 Millions |
|
|
|
|
B. BUILDING |
|
|
|
|
|
Type of Constructions |
R.C.C. Framed structure with brick masonry filler wall |
|
|
|
|
Quality of Construction |
A Class |
|
|
|
|
Appearance of the Building: |
Good |
|
|
|
|
Number of Floors |
Three |
|
|
|
|
Maintenance of the Building |
Good |
|
|
|
|
Description of the Building: |
|
|
Foundation |
Spread footing of brick masonry. |
|
Superstructure |
R.C.C. framed structure with brick masonry wall |
|
Roof |
R.C.C. with POP False ceiling. |
|
Doors |
Teak wood. |
|
Windows |
Teak wood. |
|
Sanitary fittings |
Complete with superior fittings |
|
Flooring |
Marble. |
|
Electricity Supply |
Complete. |
|
|
|
|
Total Plinth Area |
Ground Floor = 100.84 Sq Mt First Floor = 100.84 Sq Mt Second Floor = 18.04 Sq Mt Total Covered
Area = 219.72 Sq Mt |
|
|
|
|
Year of Constructions |
1999 |
|
|
|
|
Total life of the building estimated: |
80 years |
|
|
|
|
Replacement rate of constructions with the existing conditions and
specification |
Rs.14000.00 per sq. Mt. |
|
|
|
|
Replacement Value |
Rs.3.076 Millions |
|
|
|
|
Depreciation Value at the Rate of 12% |
Rs.0.369 Million |
|
|
|
|
Present Value of the Building |
Rs.2.707 Millions |
|
|
|
|
TOTAL VALUATION |
|
|
Valuation of the Land |
Rs.6.717 Millions |
|
|
|
|
Valuation of the Building |
Rs.2.707 Millions |
|
|
|
|
Total |
Rs.9.423
Millions |
------------------------------------------------------------------------------------------------------------------------------
TRADE REFERENCE:
· Gopal Gupta (Anand Aswarya APTT)
Civil Lines
Mobile No.: 91-9415043628
· Mr. Anil Kumar Gupta
5, Anand Villa, 4/283,
Mobile No.: 91-9336101916
------------------------------------------------------------------------------------------------------------------------------
FIXED ASSETS:
· Furniture and Fixture
· Office Cabin
· Office Equipment
· Television
· Fax Machine
· Computers
· Cycle
· Air Condition
· Car
· Cellular Phone
· Type Writer
· Refrigerator
· Fan
· Electric Instt.
· DVD Player
· Invertors
· Motor Cycle
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.45.18 |
|
|
1 |
Rs.73.04 |
|
Euro |
1 |
Rs.61.43 |
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.