%20PRIVATE%20LIMITED-%20130333%2021-Jan-2011_files/image002.jpg){kind=small}
MIRA
INFORM REPORT
|
Report Date : |
21.01.2011 |
Note:
The Registered office of the company has been
shifted from Raheja Corner of Main Avenue, V P Rod, 4th Floor, Santacruz (West),
Mumbai-400054, Maharashtra, India to present address w.e.f. 22.09.2010
IDENTIFICATION DETAILS
|
Name : |
OUTLOOK PUBLISHING (INDIA) PRIVATE LIMITED (w.e.f. 05.11.2002) |
|
|
|
|
Formerly Known As : |
BANDRA CONTRACTORS AND DEVELOPERS PRIVATE LIMITED |
|
|
|
|
Registered Office : |
Windsor, 7th Floor, Off C.S. T. Road, Near Bandra Kurla
Complex, Santacruz- East, Mumbai-400098, Maharashtra |
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|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2010 |
|
|
|
|
Date of Incorporation : |
23.04.1992 |
|
|
|
|
Com. Reg. No.: |
11-66495 |
|
|
|
|
CIN No.: [Company
Identification No.] |
U67120MH1992PTC066495 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
DELO01764A/ MUM002690C |
|
|
|
|
PAN No.: [Permanent
Account No.] |
AAACB0664J |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business : |
Publishing Periodical Magazines and other publications. |
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 : |
Moderate |
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|
|
|
Payment Behaviour : |
Slow |
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|
|
|
Litigation : |
Clear |
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|
Comments : |
Subject is an established company having moderate track. Profitability
of the company is under severe pressure. There appears to be huge accumulated
losses recorded by the company. However trade relations are reported as fair.
Business is active. Payments are
reported to be slow. The company can be considered for business dealings on a secured 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 – 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. Nimesh Patel |
|
Designation : |
Accounts Manager |
|
Contact No.: |
91-22-30612222 |
|
Date : |
20.01.2011 |
LOCATIONS
|
Registered/ Corporate Office : |
Windsor, 7th Floor, Off C.S. T. Road, Near Bandra Kurla Complex,
Santacruz- East, Mumbai-400098, Maharashtra, India |
|
Tel. No.: |
91-22-30612222/ 22830663 |
|
Fax No.: |
91-22-30612233/ 30612201 |
|
E-Mail : |
|
|
Website: |
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|
Area: |
Approximately 2000 sq.ft. (Owned) |
|
|
|
|
Head Office : |
AB – 10, Safdarjung Enclave, |
|
Tel. No.: |
91-11-26191421 / 236 / 237 / 262 / 26100722 / 26100723 / 41021194 |
|
Fax No.: |
91-11-26191420 |
|
E-Mail : |
|
|
|
|
|
Branches : |
Ř
Mumbai, Tel. No.: 91-30612222 Fax No.: 91-22-22830664 Ř
Kolkata, West Tel. No.: 91-33-40085011 to 5015 Fax No.: 91-33-22823593 Ř
Chennai, Tel. No.: 91-44-24661134 / 24662316 Fax No.: 91-44-24662873 Ř
Tel. No. 91-80-25582806 / 07 Fax No.: 91-80-25582810 Ř
Tel No.: 91-40-2337-5776 Fax No.: 91-40-23375676 |
DIRECTORS
As on 25.09.2010
|
Name : |
Mr. Vinayak Premchand Aggarwal |
|
Designation : |
Director |
|
Address : |
201, Raheja Haven, |
|
Date of Birth/Age : |
12.04.1969 |
|
Date of Appointment : |
12.03.2009 |
|
|
|
|
Name : |
Mr. Anchery Unnikrishnan |
|
Designation : |
Director |
|
Address : |
708 / B, Brindaban II, Near Poonam Nagar, Andheri (East), Mumbai, |
|
Date of Birth/Age : |
19.01.1956 |
|
Date of Appointment : |
02.05.1995 |
|
|
|
|
Name : |
Mr. Peri Y Maheshwar |
|
Designation : |
Director |
|
Address: |
7274 Sector-D, Pocket-7, Vasant Kunj, New Delhi-110070, |
|
Date of Birth/ Age: |
08.08.1969 |
|
Date of Appointment: |
22.09.2010 |
|
|
|
|
Name : |
Mrs. Suman R Raheja |
|
Designation : |
Director |
|
Address : |
Rahejas 87 / 1, G B Marg, Juhu, Mumbai 400 049, Maharashtra, |
|
Date of Birth/Age : |
06.08.1964 |
|
Date of Appointment : |
23.04.1992 |
|
Date of Ceasing: |
25.03.2009 |
|
|
|
|
Name : |
Mr. Gopal Madhavdas Narang |
|
Designation : |
Director |
|
Address : |
41, |
|
Date of Birth/Age : |
03.12.1963 |
|
Date of Appointment : |
28.03.1996 |
|
Date of Ceasing: |
22.09.2010 |
|
|
|
|
Name : |
Mr. Akshay Raheja |
|
Designation : |
Vice Chairman |
|
Address : |
Rahejas, 87 / 1, G B Marg, Juhu, Mumbai 400 049, |
|
Date of Birth/Age : |
25.05.1982 |
|
Date of Appointment : |
23.08.2002 |
|
Date of Ceasing: |
22.09.2010 |
|
|
|
|
Name : |
Mr. Viren Raheja |
|
Designation : |
Director |
|
Address : |
Rahejas, 87 / 1, G B Marg, Juhu, Mumbai 400 049, |
|
Date of Birth/Age : |
13.06.1984 |
|
Date of Appointment : |
21.07.2004 |
|
Date of Ceasing: |
22.09.2010 |
|
|
|
|
Name : |
Mr. Rajan Biharilal Raheja |
|
Designation : |
Chairman cum Managing Director |
|
Address : |
Rahejas, 87 / 1, G B Marg, Juhu, Mumbai 400 049, |
|
Date of Birth/Age : |
19.06.1953 |
|
Date of Appointment : |
30.08.2006 |
|
Date of Ceasing: |
26.03.2010 |
KEY EXECUTIVES
|
Name : |
Mr. Nimesh Patel |
|
Designation : |
Accounts Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 25.09.2010
|
Names of Shareholders |
|
No. of Shares |
|
Suman Raheja |
|
11 |
|
Rajan Raheja |
|
11 |
|
Rajan Raheja Jointly with Suman Raheja |
|
1661011 |
|
Akshay Raheja jointly with Rajan Raheja |
|
793100 |
|
Viren Raheja Jointly with Rajan Raheja |
|
754600 |
|
Matsyagandha Investments and Finance Private Limited, |
|
1963417 |
|
Varahgiri Investments and Finance Private Limited, |
|
1867250 |
|
Coronet Investments Private Limited, |
|
4386800 |
|
Bloomingdale Investments and Finance Private Limited, |
|
3790600 |
|
Manali Investment and Finance
Private Limited, |
|
5425750 |
|
Total |
|
20642550 |
Equity share breakup (percentage of total equity)
As on 30.09.2010
|
S. No. |
Category |
Percentage |
|
1 |
Bodies corporate (not mentioned above) |
84.45 |
|
2 |
Other top fifty (50) shareholders (other
than listed above) |
15.55 |
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Publishing Periodical Magazines and other publications. |
|
|
|
|
Products: |
·
Publishing ·
Periodical Magazine and Other Publication |
|
|
|
|
Terms : |
|
|
Selling : |
Cash
and Credit ( 30-60-90 Days) |
|
|
|
|
Purchasing : |
Cash
and Credit ( 30-60-90 Days) |
PRODUCTION STATUS
As on 31.03.2010
|
Particulars |
Unit |
|
|
Actual
Production |
|
Periodical Magzines |
Nos. |
|
|
15491948 |
|
Guide Books |
Nos. |
|
|
95686 |
GENERAL INFORMATION
|
Customers : |
Wholesalers,
Retailers, End Users and OEM’s |
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No. of Employees : |
Approximately 100 |
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Bankers : |
·
Vijaya Bank, Santacruz (West) Branch, ·
Bank of ·
HSBC Bank ·
ICICI Bank Limited ·
Indian Bank ·
|
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Facilities : |
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Banking Relations
: |
-- |
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|
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|
Auditors : |
|
|
Name : |
G M Kapadia and Company Chartered Accountants |
|
Address : |
1001, Raheja Chambers, 213, Nariman Point, Mumbai-400021, |
|
Tel No.: |
91-22-66116611 |
|
Fax No.: |
91-22-66116600 |
|
|
|
|
Companies in which person having control
over the company have significant influence : |
|
CAPITAL STRUCTURE
As on 25.09.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
25000000 |
Equity shares |
Rs. 1/- each |
Rs. 25.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
20642550 |
Equity shares |
Rs. 1/- each |
Rs. 20.643
Millions |
As on 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
22000000 |
Equity shares |
Rs. 1/- each |
Rs. 22.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
18791267 |
Equity shares |
Rs. 1/- each |
Rs. 18.791
Millions |
FINANCIAL DATA
[all figures are in
Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
18.791 |
11.000 |
11.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
233.738 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
[1102.769] |
[936.834] |
[683.862] |
|
|
NETWORTH |
[850.240] |
[925.834] |
[672.862] |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
94.088 |
109.513 |
0.000 |
|
|
2] Unsecured Loans |
973.829 |
987.829 |
942.829 |
|
|
TOTAL BORROWING |
1067.917 |
1097.342 |
942.829 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
217.677 |
171.508 |
269.967 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
116.202 |
123.339 |
119.345 |
|
|
Capital work-in-progress |
0.000 |
0.226 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.105 |
0.105 |
0.105 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
79.548
|
78.292
|
65.485
|
|
|
Sundry Debtors |
306.692
|
293.981
|
314.110
|
|
|
Cash & Bank Balances |
14.681
|
9.209
|
8.683
|
|
|
Other Current Assets |
0.000
|
0.000
|
0.000
|
|
|
Loans & Advances |
79.775
|
90.086
|
96.805
|
|
Total
Current Assets |
480.696
|
471.568
|
485.083
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
274.197
|
280.306
|
194.722 |
|
|
Other Current Liabilities |
104.400
|
131.563
|
130.267
|
|
|
Provisions |
0.729
|
11.861
|
9.577
|
|
Total
Current Liabilities |
379.326
|
423.730
|
334.566
|
|
|
Net Current Assets |
101.370
|
47.838
|
150.517
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
217.677 |
171.508 |
269.967 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
871.627 |
935.155 |
1017.075 |
|
|
|
Other Income |
8.895 |
1.139 |
1.610 |
|
|
|
TOTAL (A) |
880.522 |
936.294 |
1018.685 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Sales and Operating Cost |
433.615 |
455.206 |
399.621 |
|
|
|
Staff Expenses |
247.104 |
281.837 |
201.045 |
|
|
|
Sales, Distribution and Marketing Expenses |
202.653 |
260.982 |
228.472 |
|
|
|
Administrative Expenses |
130.356 |
157.716 |
118.484 |
|
|
|
TOTAL (B) |
1013.728 |
1155.741 |
947.622 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
[133.215] |
[219.447] |
71.063 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
17.639 |
11.913 |
3.208 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
[150.854] |
[231.360] |
67.855 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION (F) |
12.060 |
12.354 |
10.386 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
[162.905] |
[243.714] |
57.469 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
0.107 |
5.746 |
10.867 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
[163.012] |
[249.460] |
46.602 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
[936.834] |
[683.862] |
[732.762] |
|
|
|
Prior
Period Adjustment |
[2.923] |
[3.512] |
2.297 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
|
|
|
|
|
|
Dividend |
|
|
|
|
|
|
Tax on Dividend |
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
[1102.769] |
[936.834] |
[683.862] |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Sales of Magazines |
1.674 |
0.896 |
0.906 |
|
|
|
|
11.346 |
19.710 |
13.406 |
|
|
|
|
0.409 |
0.579 |
0.318 |
|
|
|
Others |
0.639 |
0.308 |
0.457 |
|
|
|
Subscription received in Foreign Currency |
0.040 |
0.023 |
0.044 |
|
|
TOTAL EARNINGS |
14.108 |
21.516 |
15.131 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Import of Paper |
115.206 |
129.003 |
141.737 |
|
|
|
Import Magazine |
26.645 |
33.972 |
30.857 |
|
|
TOTAL IMPORTS |
|
162.975 |
172.594 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
[14.94] |
[23.00] |
4.45 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
[18.51]
|
[26.64]
|
4.57
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
[18.69]
|
[26.06]
|
5.65
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
[27.29]
|
[40.97]
|
9.51
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
[0.19]
|
[0.26]
|
[0.09]
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
[1.70]
|
[1.64]
|
[1.90]
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.27
|
1.11
|
1.45
|
LOCAL AGENCY FURTHER INFORMATION
DETAILS OF SUNDRY
CREDITORS
(Rs.
in Millions)
|
Particulars |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
Sundry Creditors |
|
|
|
|
Sundry Creditors for Expenses |
241.122 |
248.968 |
182.044 |
|
Sundry Creditors for Others |
33.075 |
31.338 |
12.678 |
|
Total |
274.197 |
280.306 |
194.722 |
Trade References:
·
Circus Graphics Private Limited
Bankers Charges
Report as per Registry
|
This form is for |
Creation of
charge |
|
Corporate
identity number of the company |
U67120MH1992PTC066495 |
|
Name of the
company |
OUTLOOK PUBLISHING INDIA PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
Rahejas Corner of |
|
Type of charge |
Immovable
Property Book Debts Others |
|
Particular of
charge holder |
Vijaya Bank, Santacruz (West) Branch, |
|
Nature of
description of the instrument creating or modifying the charge |
|
|
Date of
instrument Creating the charge |
26.05.2008 |
|
Amount secured by
the charge |
Rs. 130.000
Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest ROI at BPLR i.e.
13% p.a. (Floating) subject to stipulation by the bank form time to time Terms of
Repayment Facility for a
period of one year subject to stipulation by the Bank form time to time Margin Book Debts – 40% Term Deposits –
10 % Cash Margin Stocks – 25% Subject to
stipulation by the Bank form time to time Extent and
Operation of the charge First Charge Others Additional Penal
Interest @ 2% p.a. incase of default |
|
Short particulars
of the property charged |
Hypothecation of
Raw Material WIP finished goods materials used in the publishing activities
such as news print, printing paper, book debts, bills covering import of news
print, printing paper and EMTD of office premises at Unit No. 5, 7th
Floor and one covered car packing space at Windsor Building, Vidyanagari,
Kalina, Santacruz (East), Mumbai-400098, Maharashtra, India |
Fixed Assets:
·
Building Premises
·
Furniture and Fittings
·
Camera Equipments
·
Office Equipments
·
Computer
·
Plant and Machinery
·
Vehicles
·
Computer Software
AS PER WEBSITE
Profile:
It's an entrepreneurial journey that has spanned both 'old' and 'new' economies
-- building successful brick-and-mortar businesses to exploring the frontier
world of convergence technologies. About a quarter-century before the onset of
the ICE age, the Rajan Raheja Group made its beginning in the
construction business. After building a huge presence in the realty market, the
Group diversified laterally into manufacturing, financial services and media --
each venture initiated, and executed, to fulfil the objective of assuming
leadership in core areas.
The list of the Group's successes is long and eclectic. Today, H and
R Johnson ( India ) Limited is the top name in ceramic tiles in
The Group also joined hands with Oberoi Hotels as co-promoters of Trident
Hotels and luxury resort Rajvilas, which Conde Nast Traveller ranked as one
of the 25 best villa hideaways in the world.
Prism Cement Limited, has a production capacity of 2.5 million tonnes;
The Group is a Co-promoter of Sonata Software Limited, one of the
leading software companies in
Hathway Cable and Datacom Private Limited has extensive
cable network in 6 major cities and 7 large towns across
Outlook: In October 1995, group company Hathway Investments Private Limited
entered the print media. Outlook, a weekly newsmagazine headed by Vinod Mehta,
galvanised a sluggish market reeling under the impact of satellite TV. Outlook
quickly carved a significant niche for itself among discerning readers who
value its in-depth, investigative reporting as well as its stylish visual
format. Known to be fiercely independent, Outlook has shaken the establishment
on events ranging from Kargil to Kashmir to cricket, sensitised the reading
public to important issues like big dams, education and gender, and provided an
unremitting focus on South Asian geopolitics. Today, Outlook is the preferred
magazine of 1.5 million readers in
Outlook Money: In July 1998, the Group launched "Intelligent
Investor" re-christened as "OUTLOOK MONEY" as of 30-Nov-2002,
India's first personal finance magazine, which offers sound strategies for the
lay investor, especially the growing segment of salaried middle and upper
middle-class and self-employed professionals. Its message is clear and simple:
'Invest well, borrow wisely, spend smartly'. Evidently, that message has gone
down well: the magazine sold upwards of 1,00,000 copies a fortnight within a
year. One of its distinguishing characteristics is that about 93 per cent of
readers retain all past issues of Outlook Money.
Outlook Traveller: Outlook Traveller is a monthly magazine from the
stable of Outlook Publishing India Private Limited and the only significant
magazine aimed at the travel reader. Every month since June 2001 OT has
introduced readers to the wonders of unknown destinations while also
encouraging travellers to take a fresh look at familiar places. Whether people
are planning a holiday, or simply dreaming of one, Outlook Traveller continues
to take them closer.
Outlook Saptahik: Outlook Saptahik, a weekly newsmagazine, was
launched in October 2002 to establish significant presence amongst the vast
Hindi reading audience. The product targets the evolved Hindi reader keeping
their interests, realities and aspirations in mind. Outlook Saptahik retains the
core strengths of Outlook with objective, fiercely impartial and bold
journalism, while brandishing its own identity through a strong parallel
editorial. The magazine is empathetic to its target audience and is not a
translation of its English counterpart.
outlookindia.com: In 1998, Outlook went online as
outlookindia.com, drawing into its fold the vast, nascent readership of
expatriate Indians. outlookindia.com is both Outlook magazine's home on the
Internet and an online publication. Apart from Outlook's print edition in its
entirety - supplemented with links to related articles on its own site and
elsewhere on the Web - outlookindia.com also offers an array of original
Web-only columns and and news updates every day with a very lively interactive
section.
outlooktraveller.com: Inaugurated as a web resource in 2000, this travel
Website has since come a long way. Outlooktraveller began by opening up new
vistas in web-driven vacation planning, with its highly focused editorial
features on an array of destinations. Still a highlight of the website, these
are supported by tools and resources that make putting together the holiday a
breeze — from selecting the destination, to choosing the mode of transport,
finding the way around the map, selecting a place to stay to catching the local
festivities, plus ferreting out the nearest ATM, fuel stop or cybercafe. Here
there is something for everyone; themed vacation ideas from 'A for adventure'
to 'W for wildlife', honeymooners dream destinations, foodies delights,
first-person travelogues, a message room where you can exchange notes or ask
them for more info that you want… And don't forget to book the copies of the
international award-winning bestsellers from Outlook Traveller Getaways,
available at a special price when you order on the website. If you want a sneak
preview, there're excerpts from the guide books by renowned authors, including
the likes of Prabhu Ghate, Ruskin Bond and Jug Suraiya.
outlookmoney.com: outlookmoney.com takes forward the
philosophy and beliefs ushered in by Intelligent Investor (the personal finance
magazine that was launched in mid-1998, now known as Outlook Money). The site
has six channels -- Stocks, Mutual Funds, Loans, Retirement Planning, Taxation
and Insurance -- that address broad areas of the personal finance spectrum.
Outlookmoney.com comes with many interactive tools. The Loans channel alone
sports calculators that do all the number crunching a visitor may want on home,
car, personal or equity loans. outlookmoney.com seeks to provide total
solutions to personal finance issues -- from disseminating information to
providing avenues for e-commerce transactions
OUTLOOK Traveller Getaways (travel guides)
published from OUTLOOK Group is today a recognized, established and
acknowledged premier travel reference guide book in
(covering different travel theme destinations, state travel guides,
weekend getaways guides)
- Weekend Breaks
(from
- State Travel Guides
(Rajasthan,
- Trekking Holidays
- Wildlife Holidays
- 101 Pilgrimage Destinations
- Heritage Holidays
OUTLOOK traveller getaways is not only for reliable information about
the chosen destination but also for a real understanding of the culture and
workings of that destination. The guide marries text and pictures to
provide the much more elusive qualities: knowledge and discernment.
OUTLOOK traveller getaways is a visual treat, reaches to the
aspirational, hi-income and exploratory readers (travellers)
Outlook Traveller Getaway Series
52 Weekend breaks from
·
Weekend breaks from
·
Weekend breaks from Mumbai: April 2003
·
Weekend breaks from
·
Holidays in the Hills: June 2003
·
Heritage Holidays in North and
The Layman's Guide to Insurance
The Layman's Guide to Insurance lets you in on facts most insurers and agents
shy away from. A handy book to have by the side while buying all kinds of life
and non-life insurance, it explains the covers relevant to you, tells you how
much to buy, points out the fine print and gives useful tips so that you get
the money's worth of insurance.
The Layman's
Guide to Mutual Funds
The Layman's Guide to Mutual Funds tells you everything you need to know to
hitch a profitable ride on these low-maintenance investment vehicles: the
expansive bouquet of products on offer, the important investment decisions you
need to make, the strategies to adopt to squeeze out extra returns, the players
in the market, and much more.
·
Department of Tourism, Government of India Award,
National Tourism Award 2001-2002 awarded to OUTLOOK Traveller for Excellence in
Publication.
·
OUTLOOK Traveller " 75 Holidays in the
Hills" won the 2004, PATA Gold Award
·
In 2002-2003 the Government of India recognized
"Outlook Traveller Getaways" as the " Best Travel
Publication".
·
Weekend breaks from
·
Weekend breaks from Mumbai was in the BESTSELLERS
list top three for 8 consecutive weeks in
Outlook Money Awards:
The awards started in 2002, and are presented to the best in the
following key personal areas:
·
Value-Creating Companies
·
Wealth Creators(Mutual Funds)
·
Banks
·
Insurers
·
Online Brokers
·
Home Financiers
·
Hall of Fame
The ceremony for 2003 was held in Mumbai and was presided over by The Hon'ble
Finance Minister; Mr Jaswant Singh.
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.45.58 |
|
|
1 |
Rs.72.73 |
|
Euro |
1 |
Rs.61.45 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
2 |
|
OPERATING SCALE |
1~10 |
2 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
2 |
|
--PROFITABILIRY |
1~10 |
-- |
|
--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 |
YES |
|
--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 |
YES |
|
--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 |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.