MIRA
INFORM REPORT
|
Report Date : |
02.07.2011 |
IDENTIFICATION DETAILS
|
Name : |
AISHWARYA CREATIONS |
|
|
|
|
Registered
Office : |
Chandpur Crossing, Lahartara, Varanasi – 221002,
Uttar Pradesh |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 (Provisional) |
|
|
|
|
Year of
Establishment : |
1997 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.21.561 Millions |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAFFA9271R |
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|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners. |
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|
|
Line of Business
: |
Manufacturer of Printed Sarees. |
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|
|
|
No. of Employees
: |
130 (Approximately) |
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 |
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|
|
|
Payment Behaviour : |
No Complaints |
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|
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Litigation : |
Clear |
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|
Comments : |
Subject is an established concern having satisfactory track. Trade
relations are reported as fair. The valuation report and other details
provided seems to be satisfactory. No complaints have been heard from indirect
or market sources. It would be advisable to take adequate 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 |
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|
|
|
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. Aditya |
|
Designation : |
Partner |
|
Contact No.: |
91-9839055400 |
|
Date : |
28.06.2011 |
LOCATIONS
|
Registered Office/ Factory : |
Chandpur Crossing, Lahartara, Varanasi – 221002,
Uttar Pradesh, India |
|
Tel. No.: |
91-542-2370344/ 45/ 325790 |
|
Mobile No.: |
91-9839055400 (Mr. Aditya) |
|
Fax No.: |
91-542-2222566 |
|
E-Mail : |
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|
Area : |
36000 sq. ft. |
|
Location : |
Owned |
PARTNERS
|
Name : |
Mr. Vishnu Kumar Arora |
|
Designation : |
Partner |
|
Date of Birth/Age : |
23.09.1943 |
|
PAN No.: |
ABZPA7717L |
|
|
|
|
Name : |
Mr. Aditya Arora |
|
Designation : |
Partner |
|
Date of Birth/Age : |
01.06.1961 |
|
Pan No.: |
ABZPA7714k |
|
|
|
|
Name : |
Mrs. Manju Lata Arora |
|
Designation : |
Partner |
|
Date of Birth/Age : |
15.12.1946 |
|
Pan No.: |
ABZPA7715J |
|
|
|
|
Name : |
Mrs. Shailaja Arora |
|
Designation : |
Partner |
|
Date of Birth/Age : |
20.01.1972 |
|
PAN No.: |
AGPPA4713R |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Printed Sarees. |
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|
Terms : |
|
|
Selling : |
Cash and Credit (30 days) |
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|
|
|
Purchasing : |
Cash and Credit (30 days) |
GENERAL INFORMATION
|
Customers : |
Wholesalers and Retailers |
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No. of Employees : |
130 (Approximately) |
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Bankers : |
· Corporation Bank Varanasi Branch, Uttar Pradesh, India |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
|
|
Name : |
V. D. Dubey and Associates Chartered Accountant |
|
Address : |
L-9/111, Shastri Nagar, Sigra, Varanasi, Uttar Pradesh, India |
|
Tel No.: |
91-542-2221909 |
CAPITAL STRUCTURE
(AS ON 31.03.2011 – PROVISIONAL)
|
Capital Investment : |
|
|
Owned : |
Rs.15.406 Millions |
|
Borrowed : |
Rs.6.155 Millions
|
|
Total : |
Rs.21.561
Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
Note : Sole Proprietory and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry Records.
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2011 (Provisional) |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
15.406 |
12.674 |
11.403 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
15.406 |
12.674 |
11.403 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
3.470 |
5.413 |
7.147 |
|
|
2] Unsecured Loans |
2.685 |
2.685 |
2.685 |
|
|
TOTAL BORROWING |
6.155 |
8.098 |
9.832 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
21.561 |
20.772 |
21.235 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
16.224 |
15.441 |
14.568 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
6.725
|
2.681
|
0.961 |
|
|
Sundry Debtors |
4.086
|
4.569
|
5.074 |
|
|
Cash & Bank Balances |
0.700
|
0.851
|
0.755 |
|
|
Other Current Assets |
0.008
|
0.181
|
0.328 |
|
|
Loans & Advances |
0.000
|
0.000
|
0.000 |
|
Total
Current Assets |
11.519
|
8.282 |
7.118 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
6.182
|
2.951
|
0.104 |
|
|
Other Current Liabilities |
0.000
|
0.000
|
0.347 |
|
|
Provisions |
0.000
|
0.000
|
0.000 |
|
Total
Current Liabilities |
6.182
|
2.951 |
0.451 |
|
|
Net Current Assets |
5.337
|
5.331 |
6.667 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
21.561 |
20.772 |
21.235 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 (Provisional) |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income (Sales) |
36.800 |
28.435 |
0.332 |
|
|
|
Job Work Receipts |
12.232 |
9.282 |
21.100 |
|
|
|
Other Income |
0.000 |
0.000 |
0.000 |
|
|
|
TOTAL (A) |
49.032 |
37.717 |
21.432 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
20.719 |
16.219 |
1.850 |
|
|
|
Dies and Colour |
3.197 |
1.903 |
1.730 |
|
|
|
Consumable Items |
2.355 |
2.023 |
0.000 |
|
|
|
Wages |
7.599 |
6.874 |
5.737 |
|
|
|
Power and Fuels |
1.546 |
1.011 |
0.000 |
|
|
|
Designing, Screen Making |
1.169 |
0.952 |
1.277 |
|
|
|
Job Work Charges |
3.256 |
1.684 |
0.000 |
|
|
|
Advertising Expenses |
0.046 |
0.033 |
0.000 |
|
|
|
Salary to Partners |
1.920 |
0.504 |
0.252 |
|
|
|
Interests on Capital |
1.267 |
1.140 |
1.169 |
|
|
|
Other Expenses |
2.406 |
2.169 |
5.962 |
|
|
|
TOTAL (B) |
45.480 |
34.512 |
17.977 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
3.552 |
3.205 |
3.455 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.575 |
0.739 |
1.006 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
2.977 |
2.466 |
2.449 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
1.607 |
1.217 |
1.389 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT (E-F) (G) |
1.370 |
1.249 |
1.060 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 (Provisional) |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
2.79
|
3.31 |
4.95 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
2.79
|
3.31 |
4.95 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.94
|
5.26 |
4.89 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.09
|
0.10 |
0.09 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.80
|
0.87 |
0.90 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.86
|
2.81 |
15.78 |
LOCAL AGENCY FURTHER INFORMATION
OPERATING STATEMENT
(RS.
IN MILLIONS)
|
Particulars
|
2011 |
2012 |
2013 |
2014 |
|
|
(Provisional) |
(Projected) |
||
|
Gross Sales |
|
|
|
|
|
Domestic Sales |
49.031 |
75.000 |
95.000 |
118.000 |
|
Export Sales |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Operating/ Revenue Income |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Total |
49.031 |
75.000 |
95.000 |
118.000 |
|
|
|
|
|
|
|
Less : Excise Duty |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Net Sales |
49.031 |
75.000 |
95.000 |
118.000 |
|
|
|
|
|
|
|
% rise [+] or fall [-] in net sales as compared to
previous year |
30.00 |
52.96 |
26.67 |
24.21 |
|
|
|
|
|
|
|
Cost
of Sales |
|
|
|
|
|
|
|
|
|
|
|
Raw Materials (Including Stores) |
|
|
|
|
|
-
Imported |
0.000 |
0.000 |
0.000 |
0.000 |
|
-
Indigenous |
34.740 |
51.642 |
63.692 |
78.758 |
|
|
|
|
|
|
|
Others Stores and Spares |
|
|
|
|
|
-
Imported |
0.000 |
0.000 |
0.000 |
0.000 |
|
-
Indigenous |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Power and Fuel |
1.545 |
2.091 |
2.570 |
3.193 |
|
Direct Labour and Wages |
7.600 |
10.280 |
12.650 |
15.702 |
|
Other Manufacturing Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
|
Depreciation |
1.607 |
1.413 |
1.243 |
1.098 |
|
|
|
|
|
|
|
Sub
Total |
45.492 |
65.426 |
80.155 |
98.751 |
|
|
|
|
|
|
|
Add: Opening Stock-In-Process |
2.681 |
6.725 |
10.738 |
13.650 |
|
|
|
|
|
|
|
Sub
Total |
48.173 |
72.151 |
90.893 |
112.401 |
|
|
|
|
|
|
|
Less: Closing Stock-In-Process |
6.725 |
10.738 |
13.650 |
16.903 |
|
|
|
|
|
|
|
Cost
of Production |
41.448 |
61.413 |
77.243 |
95.498 |
|
|
|
|
|
|
|
Add: Opening Stock of Finished Goods |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Total |
41.448 |
61.413 |
77.243 |
95.498 |
|
|
|
|
|
|
|
Deduct: Closing Stock of Finished Goods |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
SUB TOTAL (Total
cost of sales) |
41.448 |
61.413 |
77.243 |
95.498 |
|
|
|
|
|
|
|
Selling, General and Administrative Expenses |
2.450 |
6.472 |
7.955 |
9.125 |
|
|
|
|
|
|
|
Sub
Total |
43.898 |
67.885 |
85.198 |
104.623 |
|
|
|
|
|
|
|
Operating Profit before interests |
5.133 |
7.115 |
9.802 |
13.377 |
|
|
|
|
|
|
|
Interests on Cash Credit |
0.575 |
0.000 |
0.000 |
0.000 |
|
Interests on Term Loan
|
0.000 |
1.515 |
1.510 |
1.400 |
|
Interests on Others
|
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Operating Profit After Interests |
4.558 |
5.600 |
8.292 |
11.977 |
|
|
|
|
|
|
|
Other Non Operating Income |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Non Operating Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Net
of Non-operating Income and Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Profit
before Tax/ Loss [PBT] |
4.558 |
5.600 |
8.292 |
11.977 |
|
|
|
|
|
|
|
Provision for taxes |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Net Profit
/ Loss [PAT] |
4.558 |
5.600 |
8.292 |
11.977 |
|
|
|
|
|
|
|
Retained Profit |
4.558 |
5.600 |
8.292 |
11.977 |
|
|
|
|
|
|
|
Retained profit/ Net Profit % age |
100.00 |
100.00 |
100.00 |
100.00 |
|
|
|
|
|
|
|
Cash Accruals |
6.165 |
7.013 |
9.535 |
13.075 |
|
|
|
|
|
|
|
PBT/ Net Sales (%) |
9.30 |
7.47 |
8.73 |
10.15 |
|
|
|
|
|
|
|
PAT / Net Sales (%) |
9.30 |
7.47 |
8.73 |
10.15 |
|
|
|
|
|
|
|
PBDT |
6.165 |
7.013 |
9.535 |
13.075 |
|
|
|
|
|
|
|
PBDIT |
6.165 |
8.528 |
11.045 |
14.475 |
|
|
|
|
|
|
|
PBDT/ Net Sales (%) |
12.57 |
9.35 |
10.04 |
11.08 |
|
|
|
|
|
|
|
PBDIT/ Net Sales (%) |
12.57 |
11.37 |
11.63 |
12.27 |
------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BALANCE SHEET
(RS.
IN MILLIONS)
|
Particulars
|
2011 |
2012 |
2013 |
2014 |
|
|
(Provisional) |
(Projected) |
||
|
Short Term Borrowing from Bank |
|
|
|
|
|
i. From Application Bank |
0.000 |
9.750 |
9.750 |
9.750 |
|
ii. From Other Banks |
0.000 |
0.000 |
0.000 |
0.000 |
|
iii. Of which BP and BD |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
SUB TOTAL(A)
|
0.000 |
9.750 |
9.750 |
9.750 |
|
|
|
|
|
|
|
Short Term Borrowings From Others |
0.000 |
0.000 |
0.000 |
0.000 |
|
Sundry Creditors (Trader) |
6.182 |
3.220 |
5.000 |
2.800 |
|
Advances Payment from customers |
0.000 |
0.000 |
0.000 |
0.000 |
|
Provision For Taxes |
0.000 |
0.000 |
0.000 |
0.000 |
|
Creditor for Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
|
Dividend Payable |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Statutory Liabilities (due within one years) |
0.000 |
0.000 |
0.000 |
0.000 |
|
Installments of term loans and Deferred Payment Credits |
2.001 |
1.469 |
0.000 |
0.000 |
|
Other current Liabilities and Provisions (due within one
years) |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
SUB
TOTAL (B) |
8.183 |
4.689 |
5.000 |
2.800 |
|
|
|
|
|
|
|
TOTAL
CURRENT LIABILITIES |
8.183 |
14.439 |
14.750 |
12.550 |
|
|
|
|
|
|
|
TERM
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
Debentures |
0.000 |
0.000 |
0.000 |
0.000 |
|
Redeemable Preference Shares |
0.000 |
0.000 |
0.000 |
0.000 |
|
Term Liability |
1.469 |
0.000 |
0.000 |
0.000 |
|
Deferred Payment Credits |
0.000 |
0.000 |
0.000 |
0.000 |
|
Vehicles Loan |
0.000 |
0.000 |
0.000 |
0.000 |
|
Term Loan HDFC Limited (Repayable after one year) |
0.000 |
0.000 |
0.000 |
0.000 |
|
Unsecured Loans |
2.685 |
2.685 |
2.685 |
2.685 |
|
Term Deposit |
0.000 |
0.000 |
0.000 |
0.000 |
|
Deferred Tax Liability |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Term Liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
TOTAL
TERM LIABILITIES |
4.154 |
2.685 |
2.685 |
2.685 |
|
|
|
|
|
|
|
TOTAL
OF OUTSIDE LIABILITIES |
12.337 |
17.124 |
17.435 |
15.235 |
|
|
|
|
|
|
|
NET
WORTH |
|
|
|
|
|
Ordinary Shares Capital |
15.406 |
18.308 |
23.400 |
31.377 |
|
Deferred Tax Liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
|
Share Application Money |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Reserve (Excluding Provision) |
0.000 |
0.000 |
0.000 |
0.000 |
|
Revolution Reserve |
0.000 |
0.000 |
0.000 |
0.000 |
|
Reserves and Surplus |
0.000 |
0.000 |
0.000 |
0.000 |
|
Unsecured Loans |
0.000 |
0.000 |
0.000 |
0.000 |
|
Share Premium Account |
0.000 |
0.000 |
0.000 |
0.000 |
|
Surplus (+) or deficit (-) in Profit and Loss Account |
0.000 |
0.000 |
0.000 |
0.000 |
|
Share Premium |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other (Specify) – Securities Premium and Share Application
|
0.000 |
0.000 |
0.000 |
0.000 |
|
Other (Specify) – Deferred Tax Liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
TOTAL
NET WORTH |
15.406 |
18.308 |
23.400 |
31.377 |
|
|
|
|
|
|
|
TOTAL
LIABILITIES |
27.743 |
35.432 |
40.835 |
46.612 |
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
CURRENT
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
Cash and Bank Balance |
0.700 |
0.500 |
0.209 |
0.431 |
|
Investments [Other than long term investments] |
0.000 |
0.000 |
0.000 |
0.000 |
|
Receivables other than deferred and exports |
0.000 |
0.000 |
0.000 |
0.000 |
|
Export receivables |
0.000 |
0.000 |
0.000 |
0.000 |
|
Installments of deferred receivable |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
INVENTORY |
|
|
|
|
|
|
|
|
|
|
|
Raw Materials |
|
|
|
|
|
- Imported |
0.000 |
0.000 |
0.000 |
0.000 |
|
- Indigenous |
6.725 |
10.738 |
13.650 |
16.903 |
|
|
|
|
|
|
|
Stock in Process |
0.000 |
0.000 |
0.000 |
0.000 |
|
Finished Goods |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Consumable Spares |
0.000 |
0.000 |
0.000 |
0.000 |
|
Advances to suppliers |
0.000 |
0.000 |
0.000 |
0.000 |
|
Advance Payment of Taxes |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Current Assets |
4.094 |
9.383 |
13.408 |
16.808 |
|
|
|
|
|
|
|
TOTAL
CURRENT ASSETS |
11.519 |
20.621 |
27.267 |
34.142 |
|
|
|
|
|
|
|
FIXED
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
Gross Block (Land and Building Machinery) |
17.831 |
16.224 |
14.811 |
13.568 |
|
Depreciation to date |
1.607 |
1.413 |
1.243 |
1.098 |
|
|
|
|
|
|
|
NET
BLOCK |
16.224 |
14.811 |
13.568 |
12.470 |
|
|
|
|
|
|
|
OTHER
NON CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
Investments in sub |
0.000 |
0.000 |
0.000 |
0.000 |
|
Advances suppliers of Capital goods and contractors |
0.000 |
0.000 |
0.000 |
0.000 |
|
Investment in Others |
0.000 |
0.000 |
0.000 |
0.000 |
|
Other Non-Current Investment |
0.000 |
0.000 |
0.000 |
0.000 |
|
Loans and Advance |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
TOTAL
OTHER NON CURRENT ASSETS |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Intangible Assets |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
TOTAL
ASSETS |
27.743 |
35.432 |
40.835 |
46.612 |
|
|
|
|
|
|
|
Tangible Networth |
15.406 |
18.308 |
23.400 |
31.377 |
|
|
|
|
|
|
|
Net Working Capital |
3.336 |
6.182 |
12.517 |
21.592 |
|
|
|
|
|
|
|
Current Ratio |
1.41 |
1.43 |
1.85 |
2.72 |
|
|
|
|
|
|
|
TOL/ TNW |
0.80 |
0.94 |
0.75 |
0.49 |
------------------------------------------------------------------------------------------------------------------------------
FUND FLOW STATEMENT
(RS.
IN MILLIONS)
|
Particulars
|
2011 |
2012 |
2013 |
2014 |
|
|
(Provisional) |
(Projected) |
||
|
|
|
|
|
|
|
SOURCES OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
PBIT |
5.133 |
7.115 |
9.802 |
13.377 |
|
|
|
|
|
|
|
MIsc. Expenses written off |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Depreciation |
0.390 |
(0.194) |
(0.170) |
(0.145) |
|
|
|
|
|
|
|
Increase in Share Capital |
(1.825) |
(2.698) |
(3.200) |
(4.000) |
|
|
|
|
|
|
|
Increase in Term Loan |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase in Term Liabilities (Other than TL)
|
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Decrease in Misc Non current Assets |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase in Bank borrowings (WC) |
0.000 |
9.750 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase in Current Liabilities (Excluding
BB) |
3.289 |
0.000 |
0.311 |
0.000 |
|
|
|
|
|
|
|
Decrease in Current Assets |
0.000 |
0.000 |
0.000 |
0.00 |
|
|
|
|
|
|
|
TOTAL – SOURCES OF FUNDS |
6.987 |
13.973 |
6.743 |
9.232 |
|
|
|
|
|
|
|
APPLICATIONS OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
Interest |
0.575 |
1.515 |
1.510 |
1.400 |
|
|
|
|
|
|
|
Taxation |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Dividend |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase in Fixed Assets |
1.173 |
(1.607) |
(1.413) |
(1.243) |
|
|
|
|
|
|
|
Increase in Intangible Assets |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Decrease in Term Loan |
2.001 |
1.469 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Decrease in Other Term Liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase in Current Assets |
3.238 |
9.102 |
6.646 |
6.875 |
|
|
|
|
|
|
|
Decrease in Bank Borrowing (WC) |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Decrease in Other Current Liabilities |
0.000 |
3.494 |
0.000 |
2.200 |
|
|
|
|
|
|
|
TOTAL – APPICATIONS OF FUNDS |
6.987 |
13.973 |
6.743 |
9.232 |
|
|
|
|
|
|
|
Long Term Surplus (+) Deficit (-) |
(0.051) |
2.846 |
6.335 |
9.075 |
|
|
|
|
|
|
|
Increase/ Decrease in current Assets (as per details Given Below) |
3.238 |
9.102 |
6.646 |
6.875 |
|
|
|
|
|
|
|
Increase/ decrease in current Liabilities other Than Bank Borrowing |
3.289 |
(3.494) |
0.311 |
(2.200) |
|
|
|
|
|
|
|
Increase/ decrease Working Capital Gap |
(0.051) |
12.596 |
6.335 |
9.075 |
|
|
|
|
|
|
|
Net surplus (+)/ Deficit (-) |
0.000 |
(9.750) |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase/ (Decrease) in Bank Borrowings |
0.000 |
9.750 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Break-Up of (2) |
|
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Raw Material |
4.044 |
4.013 |
2.912 |
3.253 |
|
|
|
|
|
|
|
Increase/ Decrease in Stock in Process |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase/ Decrease in Finished Goods |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase/ Decrease in Receivables |
|
|
|
|
|
Domestic |
0.000 |
0.000 |
0.000 |
0.000 |
|
Export |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Increase/ Decrease in Other Current Assets |
(0.806) |
5.089 |
3.734 |
3.622 |
|
|
|
|
|
|
|
Total |
3.238 |
9.102 |
6.646 |
6.875 |
------------------------------------------------------------------------------------------------------------------------------
PROJECTED BALANCE SHEET
(RS.
IN MILLIONS)
|
SOURCES OF FUNDS |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
|
(Projected) |
|||
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
0.018 |
0.023 |
0.031 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
0.018 |
0.023 |
0.031 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.011 |
0.010 |
0.010 |
|
|
2] Unsecured Loans |
0.003 |
0.003 |
0.003 |
|
|
TOTAL BORROWING |
0.014 |
0.013 |
0.013 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
0.032 |
0.036 |
0.044 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.015 |
0.014 |
0.013 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.011
|
0.014 |
0.017 |
|
|
Sundry Debtors |
0.009
|
0.013 |
0.017 |
|
|
Cash & Bank Balances |
0.000
|
0.000 |
0.000 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
0.000
|
0.000 |
0.000 |
|
Total
Current Assets |
0.020
|
0.027 |
0.034 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
0.003
|
0.005 |
0.003 |
|
|
Other Current Liabilities |
0.000
|
0.000 |
0.000 |
|
|
Provisions |
0.000
|
0.000 |
0.000 |
|
Total
Current Liabilities |
0.003
|
0.005 |
0.003 |
|
|
Net Current Assets |
0.017
|
0.022 |
0.031 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
0.032 |
0.036 |
0.044 |
|
PROJECTED
PROFIT & LOSS ACCOUNT
(RS.
IN MILLIONS)
|
|
PARTICULARS |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
|
|
(Projected) |
|||
|
|
SALES |
|
|
|
|
|
|
|
Income (Sales) |
0.060 |
0.077 |
0.096 |
|
|
|
Job Work Receipts |
0.015 |
0.018 |
0.023 |
|
|
|
Other Income |
0.000 |
0.000 |
0.000 |
|
|
|
TOTAL (A) |
0.075 |
0.095 |
0.119 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
0.034 |
0.044 |
0.055 |
|
|
|
Dies and Colour |
0.004 |
0.005 |
0.007 |
|
|
|
Consumable Items |
0.003 |
0.004 |
0.005 |
|
|
|
Wages |
0.010 |
0.013 |
0.016 |
|
|
|
Power and Fuels |
0.002 |
0.003 |
0.003 |
|
|
|
Designing, Screen Making |
0.002 |
0.002 |
0.002 |
|
|
|
Job Work Charges |
0.004 |
0.005 |
0.007 |
|
|
|
Advertising Expenses |
0.001 |
0.002 |
0.002 |
|
|
|
Salary to Partners |
0.002 |
0.002 |
0.004 |
|
|
|
Interests on Capital |
0.002 |
0.002 |
0.002 |
|
|
|
Other Expenses |
0.006 |
0.005 |
0.008 |
|
|
|
TOTAL (B) |
0.070 |
0.087 |
0.111 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
0.005 |
0.008 |
0.008 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.002 |
0.002 |
0.001 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
0.003 |
0.006 |
0.007 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.001 |
0.001 |
0.001 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT (E-F) (G) |
0.002 |
0.005 |
0.006 |
|
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF INCOME
MRS. MANJU LATA ARORA
(RS.
IN MILLIONS)
|
Particulars |
2010-11 |
||
|
|
|
|
|
|
Profits and Gains
of Business or profession |
|
|
|
|
|
|
|
|
|
Rem./ Intt. From Partnership firm |
|
|
|
|
Aishwarya Creations |
0.306 |
0.306 |
|
|
Exempt Profit from Aishwarya Creations: 312173.00 |
|
0.000 |
0.306 |
|
|
|
|
|
|
Income from Other
sources |
|
|
|
|
Interests |
|
|
|
|
Other Interests Intt on FDR |
|
0.002 |
0.002 |
|
|
|
|
|
|
GROSS TOTAL INCOME |
|
|
0.308 |
|
|
|
|
|
|
Deductions
Chapter VIA |
|
|
|
|
80 C |
|
|
|
|
LIC and PPF |
|
0.100 |
0.100 |
|
|
|
|
|
|
TOTAL INCOME |
|
|
0.208 |
|
|
|
|
|
|
Tax on Above |
|
0.002 |
|
|
Add: Education Cess |
|
0.000 |
|
|
|
|
0.002 |
|
|
Add: Interests |
|
|
|
|
U/s 234 A |
|
|
|
|
Net Tax |
0.000 |
0.000 |
|
|
|
|
0.002 |
|
|
Tax Paid |
|
|
|
|
Self Assessment Tax |
|
|
|
|
S B I Sigra on 30.03.2011 |
0.002 |
0.002 |
|
|
|
|
|
|
|
Net Tax |
|
|
NIL |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF INCOME
MR. ADITYA KUMAR ARORA
(RS.
IN MILLIONS)
|
Particulars |
2010-11 |
||
|
|
|
|
|
|
Profits and Gains
of Business or profession |
|
|
|
|
|
|
|
|
|
Rem./ Intt. From Partnership firm |
|
|
|
|
Aishwarya Creations |
0.699 |
0.699 |
|
|
Exempt Profit from Aishwarya Creations: 312173.00 |
|
0.000 |
0.699 |
|
|
|
|
|
|
Income from Other
sources |
|
|
|
|
Others |
|
|
|
|
Income from JOB work |
|
0.352 |
0.352 |
|
|
|
|
|
|
GROSS TOTAL INCOME |
|
|
1.051 |
|
|
|
|
|
|
Deductions
Chapter VIA |
|
|
|
|
80 C |
|
|
|
|
LIC and PPF |
|
0.100 |
0.100 |
|
|
|
|
|
|
TOTAL INCOME |
|
|
0.951 |
|
|
|
|
|
|
ROUNDED OFF AS SECTION 288A |
|
|
0.951 |
|
|
|
|
|
|
Tax on Above |
|
0.189 |
|
|
Add: Education Cess |
|
0.006 |
|
|
|
|
0.195 |
|
|
Add: Interests |
|
|
|
|
U/s 234 A |
0.001 |
|
|
|
U/s 234 B |
0.003 |
|
|
|
U/s 234 C |
0.002 |
0.006 |
|
|
Net Tax |
|
0.201 |
|
|
|
|
|
|
|
Tax Paid |
|
|
|
|
|
|
|
|
|
TDS |
|
|
|
|
Sarvottam on 31.03.2010 |
|
0.139 |
|
|
Self Assessment Tax |
|
|
|
|
S B I Sigra on 30.09.2010 |
|
0.062 |
0.001 |
|
|
|
|
|
|
Net Tax |
|
|
NIL |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF INCOME
MR. VISHNU KUMAR ARORA
(RS.
IN MILLIONS)
|
Particulars |
2010-11 |
||
|
|
|
|
|
|
Profits and
Gains of Business or profession |
|
|
|
|
|
|
|
|
|
Rem./ Intt. From Partnership firm |
|
|
|
|
Aishwarya Creations |
0.316 |
0.316 |
|
|
Exempt Profit from Aishwarya Creations: 312173.00 |
|
0.000 |
0.316 |
|
|
|
|
|
|
Income from
Other sources |
|
|
|
|
Interests |
|
|
|
|
Other Interests |
|
|
|
|
Interests on SB A/c |
0.003 |
|
|
|
Interests on FDR |
0.039 |
0.042 |
|
|
Others |
|
|
|
|
Misc. |
|
0.027 |
0.069 |
|
|
|
|
|
|
GROSS TOTAL INCOME |
|
|
0.385 |
|
|
|
|
|
|
Deductions
Chapter VIA |
|
|
|
|
80 C |
|
|
|
|
LIC and PPF |
|
0.100 |
0.100 |
|
|
|
|
|
|
TOTAL INCOME |
|
|
0.285 |
|
|
|
|
|
|
ROUNDED OFF AS SECTION 288A |
|
|
0.285 |
|
|
|
|
|
|
Tax on Above |
|
0.005 |
|
|
Add: Education Cess |
|
0.000 |
|
|
Net Tax |
|
0.005 |
|
|
|
|
|
|
|
Tax Paid |
|
|
|
|
Self Assessment Tax on 30.03.2011 |
|
0.005 |
0.005 |
|
|
|
|
|
|
Net Tax |
|
|
NIL |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF INCOME
MRS. SHAILJA ARORA
(RS.
IN MILLIONS)
|
Particulars |
2010-11 |
||
|
|
|
|
|
|
Profits and
Gains of Business or profession |
|
|
|
|
|
|
|
|
|
Rem./ Intt. From Partnership firm |
|
|
|
|
Aishwarya Creations |
0.324 |
0.324 |
|
|
Exempt Profit from Aishwarya Creations: 312173.00 |
|
0.000 |
0.324 |
|
|
|
|
|
|
Income from
Other sources |
|
|
|
|
Other |
|
|
|
|
Interests on SB A/c and Misc Income |
|
0.006 |
0.006 |
|
|
|
|
|
|
GROSS TOTAL INCOME |
|
|
0.330 |
|
|
|
|
|
|
Deductions
Chapter VIA |
|
|
|
|
80 C |
|
|
|
|
LIC and PPF |
|
0.100 |
0.100 |
|
|
|
|
|
|
TOTAL INCOME |
|
|
0.230 |
|
|
|
|
|
|
ROUNDED OFF AS SECTION 288A |
|
|
0.230 |
|
|
|
|
|
|
Tax on Above |
|
0.004 |
|
|
Add: Education Cess |
|
0.000 |
|
|
|
|
0.004 |
|
|
|
|
|
|
|
Add: Interests |
|
|
|
|
U/s 234 A |
|
0.000 |
0.000 |
|
Net Tax |
|
|
0.004 |
|
|
|
|
|
|
Tax Paid |
|
|
|
|
Self Assessment Tax |
|
|
|
|
SBI Sigra on 30.03.2011 |
|
0.004 |
0.004 |
|
|
|
|
|
|
Net Tax |
|
|
Nil 0 |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MRS.
MANJULATHA ARORA
(RS.
IN MILLIONS)
ASSETS
DEPOSITS
HELD WITH BANKS
|
Name of the Bank |
Nature of Deposit |
Amount of Deposit |
|
|
|
|
|
Union Bank of
India |
FDR |
0.092 |
|
Union Bank of
India |
FDR |
0.120 |
|
Bank of India |
FDR |
0.152 |
|
Bank of India |
FDR |
0.030 |
|
Bank of India |
FDR |
0.050 |
|
|
|
|
|
Total |
|
0.444 |
LIFE
INSURANCE POLICIES
|
Policy No. |
Annual Premium |
|
|
|
|
281502011 |
0.007 |
|
|
|
IMMOVABLE
PROPERTIES
|
Name of the Owner |
Description of Property |
Location/ Address of Property |
Present Market Value |
|
|
|
|
|
|
Mrs. Manjula
Arora |
Residential
House Property (1/2 Shares) |
45, Vijaya
Nagaram Colony, Varanasi, Uttar Pradesh, India |
Rs.5.000 Millions
|
|
|
|
|
|
GOVERNMENT
SECURITIES/ NATIONAL SAVING CERTIFICATION/ SHARES OF LISTED COMPANIES / UNIT OF
TRUST OF INDIA ETC.
|
Description of security |
Face Value |
|
|
|
|
PPF |
Rs.0.140
Millions |
|
|
|
INCLUDING
MOVABLE ASSETS LIKE FURNITURE AND FIXTURES/ PLANT AND MACHINERY / VEHICLES/
JEWELS ETC.
|
Nature/ Details of Assets |
Market Value of Assets |
|
|
|
|
Deposits and
Advance |
0.850 |
|
Gold and
Ornaments |
0.600 |
|
Cash and Bank
Balance |
0.250 |
|
|
|
|
Total |
1.700 |
|
TOTAL ASSETS |
RS.7.284 MILLIONS |
|
NET WORTH |
RS.7.284 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MR.
ADITYA KUMAR ARORA
(RS.
IN MILLIONS)
ASSETS
LIFE
INSURANCE POLICIES
|
Policy No. |
Annual Premium |
Sum Assured |
|
|
|
|
|
280555842 |
0.004 |
-- |
|
280556911 |
0.004 |
-- |
|
282567290 |
0.014 |
0.200 |
|
286103063 |
0.013 |
0.200 |
|
287186581 |
0.014 |
0.200 |
|
284830524 |
0.018 |
0.300 |
|
282577352 |
2.569 |
0.500 |
|
287184913 |
0.039 |
0.700 |
|
650909 |
0.252 |
0.075 |
|
|
|
|
|
Total |
2.927 |
2.175 |
GOVERNMENT
SECURITIES/ NATIONAL SAVING CERTIFICATION/ SHARES OF LISTED COMPANIES / UNIT OF
TRUST OF INDIA ETC.
|
Description of security |
Face Value |
|
|
|
|
PPF |
Rs.0.140
Millions |
|
|
|
INCLUDING
MOVABLE ASSETS LIKE FURNITURE AND FIXTURES/ PLANT AND MACHINERY / VEHICLES/
JEWELS ETC.
|
Nature/ Details of Assets |
Market Value of Assets |
|
|
|
|
Deposits and
Advance |
1.000 |
|
Gold and
Ornaments |
0.300 |
|
Cash and Bank
Balance |
0.250 |
|
|
|
|
Total |
1.550 |
|
TOTAL ASSETS |
RS.3.865 MILLIONS |
|
NET
WORTH |
RS.3.865 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MR.
VISHNU KUMAR ARORA
(RS.
IN MILLIONS)
ASSETS
DEPOSITS
HELD WITH BANKS
|
Name of the Bank |
Nature of Deposit |
Amount of Deposit |
|
|
|
|
|
Union Bank of
India |
FDR |
0.092 |
|
Union Bank of
India |
FDR |
0.120 |
|
Bank of India |
FDR |
0.152 |
|
Bank of India |
FDR |
0.030 |
|
Bank of India |
FDR |
0.050 |
|
|
|
|
|
Total |
|
0.444 |
LIFE
INSURANCE POLICIES
|
Policy No. |
Annual Premium |
|
|
|
|
280556673 |
0.005 |
|
|
|
IMMOVABLE
PROPERTIES
|
Name of the Owner |
Description of Property |
Location/ Address of Property |
Present Market Value |
|
|
|
|
|
|
Mr. Vishnu Kumar
Arora |
Residential
House Property (1/2 Shares) |
45, Vijaya Nagaram
Colony, Varanasi, Uttar Pradesh, India |
Rs.5.000
Millions |
|
|
|
|
|
GOVERNMENT
SECURITIES/ NATIONAL SAVING CERTIFICATION/ SHARES OF LISTED COMPANIES / UNIT OF
TRUST OF INDIA ETC.
|
Description of security |
Face Value |
|
|
|
|
PPF |
Rs.0.140
Millions |
|
|
|
INCLUDING
MOVABLE ASSETS LIKE FURNITURE AND FIXTURES/ PLANT AND MACHINERY / VEHICLES/
JEWELS ETC.
|
Nature/ Details of Assets |
Market Value of Assets |
|
|
|
|
Deposits and
Advance |
1.250 |
|
Gold and
Ornaments |
0.500 |
|
Cash and Bank
Balance |
0.250 |
|
|
|
|
Total |
2.000 |
|
TOTAL ASSETS |
RS.7.589 MILLIONS |
|
NET WORTH |
RS.7.589 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MRS.
SHAILJA ARORA
(RS.
IN MILLIONS)
ASSETS
LIFE
INSURANCE POLICIES
|
Policy No. |
Annual Premium |
Sum Assured |
|
|
|
|
|
283549732 |
33048 Qty |
0.500 |
|
284848629 |
8097 |
0.160 |
|
28256590.1 |
6380 |
0.100 |
|
286284063 |
16505 |
0.300 |
|
651602 |
2379 Hly |
0.075 |
|
286118585 |
78036 Hly |
0.700 |
|
|
|
|
|
Total |
|
1.835 |
GOVERNMENT
SECURITIES/ NATIONAL SAVING CERTIFICATION/ SHARES OF LISTED COMPANIES / UNIT OF
TRUST OF INDIA ETC.
|
Description of security |
Face Value |
|
|
|
|
PPF |
Rs.0.140 Million |
|
|
|
INCLUDING
MOVABLE ASSETS LIKE FURNITURE AND FIXTURES/ PLANT AND MACHINERY / VEHICLES/
JEWELS ETC.
|
Nature/ Details of Assets |
Market Value of Assets |
|
|
|
|
Deposits and
Advance |
0.800 |
|
Gold and
Ornaments |
0.650 |
|
Cash and Bank
Balance |
0.200 |
|
|
|
|
Total |
1.650 |
|
TOTAL ASSETS |
RS.3.625 MILLIONS |
|
NET WORTH |
RS.3.625 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
(IN
RESPECT OF LAND/ SITE AND BUILDING)
GENERAL
DETAILS
|
Purpose for which the valuation is made. |
To Assess the present market value |
|
|
|
|
|
|
Date of inspection. |
16-06-2011 |
|
|
|
|
|
|
Date on which the valuation Is made. |
17-06-2011 |
|
|
|
|
|
|
List of document produced for Perusal. |
Registered sale deed S. L. No- 4230, Dated- 04-08-2006. Khatauni. |
|
|
|
|
|
|
Name of the owner(s) and his! .their address
with phone no. Details of share of each owner In case of joint ownership. |
Mr. Aditya Arora S/o Mr. Vishnu Kumar Arora Mr. Vishnu Kumar Arora. S/o Mr. Ram Mohan Arora Mrs. Shailaja Arora w/o Mr. Aditya Arora. and Mrs. Manjulata Arora w/o Mr. Vishnu Kumar Arora S. M. Plot Nos.310 Ga and 311, Mauza- Chandpur, Pargana- Dehat Amanat,Tahsil and Distt- Varanasi. |
|
|
|
|
|
|
Brief description of the property |
The said property is having a four storied Commercial Building. On the
Ground floor having working hail, Toilet and stair case. On the first floor
having office room, working hall, Toilet and stair case. On the second floor
and Third floor having working hall, Toilet and stair case. Property used for
industrial purpose in style of Aaishwarya creation. It is abutting G. T. Road
through 20’ -0’‘wide passage. It is also connected with Chandpur to Manduadih
road through 10’-0” wide common passage. It is about 30 mt. from Chandpur
crossing. The said property is located in a developed area and surrounded by
Residential Cum Commercial Cum Industrial premises. All civic amenities are
available within 3 km. Radius. |
|
|
|
|
|
|
Location of the Property |
|
|
|
(a) Plot No./ Araji No (b) Door No./ House No. © Mauza/ Village/ Mohalla. (d) Ward/ Taluka/ Pargana. (c) Mandal/ District. |
S. M. Plot No. 310 Ga and 311 N.A. Chandpur, Dehat Amanat. Varanasi. |
|
|
|
|
|
|
Type of the property whether. |
Commercial |
|
|
|
|
|
|
Classification of the area |
|
|
|
(a) High/ Middle/ Poor |
Middle class. |
|
|
(b) Urban/ Semi urban/ Rural |
Semi urban |
|
|
|
|
|
|
Coming under Corporation Limit/ Village panchayat/ Municipality. |
Village Panchayat. |
|
|
|
|
|
|
Boundaries of the property. |
|
|
|
North : South : East: West: |
House of Bhulai and Bhullan. Rasta and House of Bhagwati. Land of Ram Khilawan. 12’-0”wide Entrance and House of Sharda. |
|
|
|
|
|
|
Dimension of the site. |
(A) As per Deed |
(B) Actual |
|
North: South: East: West: |
-- 890.50 smt. 9581.75 sft. -- |
51-3”+62’-0” 97’-8” 101’-6”+29’-6” 12’-6”+63’-3” |
|
|
|
|
|
Extent of the site. |
9581.75 Sq. ft. |
|
|
|
|
|
|
Extent of the site consideration For Valuation (Least of 11 a and 11 b) |
11-B |
|
|
|
|
|
|
CHARACTERISTIC
OF THE SITE |
||
|
|
|
|
|
Classification of locality. |
Middle class |
|
|
|
|
|
|
Development of surrounding areas. |
Residential Cum Commercial Cum Industrial area. |
|
|
|
|
|
|
Feasibility to the Civic amenities. |
Within 3 Km. Radius. |
|
|
|
|
|
|
Level of land with topographical Condition. |
Road level. |
|
|
|
|
|
|
Shape of land. |
Rectangular |
|
|
|
|
|
|
Is plot in town planning Approved layout. |
Available. |
|
|
|
|
|
|
Corner plot or intermittent plot? |
Intermittent plot. |
|
|
|
|
|
|
Road facilities. |
Available |
|
|
|
|
|
|
Type of road available at present. |
20’ -0’‘wide Rasta connected With G.T.Road. |
|
|
|
|
|
|
Water potentiality. |
Available. |
|
|
|
|
|
|
Underground sewerage system. |
Available. |
|
|
|
|
|
|
Power supply is available in the Site. |
Available. |
|
|
|
|
|
|
Advantage of the site. |
The said property occupied by owner Himself and used for Commercial purpose |
|
|
|
|
|
|
General remarks, if any |
1. Near Chandpur Crossing. 2. Aaishwarya Creation. |
|
|
|
|
|
|
PART – A (VALUATION OF LAND) |
||
|
Total area of plot |
9581.75 sq. ft. |
|
|
|
|
|
|
Prevailing Market rate |
600/ to 700/ per sq. ft. |
|
|
|
|
|
|
Guideline rate obtained from the Register’s office. |
On the main road- 5,200/per sq. mt. On the link road - 4,200/per sq.
mt. |
|
|
|
|
|
|
Assessed/Adopted rate of Valuation |
600/per sq. ft. |
|
|
|
|
|
|
Estimate value of land. |
Rs.5.749 Millions |
|
|
|
|
|
|
PART B (VALUATION OF BUILDING) TECHNICAL DETAILS OF THE BUILDING |
||
|
Type of Building (Residential/ Commercial/ Industrial) |
Commercial Building. |
|
|
|
|
|
|
Type of construction. (Load bearing/ RCC/ Steel framed) |
R.C.C. framed Structure. |
|
|
|
|
|
|
Year of completion. |
2007 (4 Years old). |
|
|
|
|
|
|
Number of floor and height of Each floor including basement If any. |
Ground Floor-14’-0” First Floor - 9’-0” Second Floor- 9’-0” Third Floor - 9’ -0” |
|
|
|
|
|
|
Plinth area floor wise. |
Ground Floor- 7133.75 sq. ft. First Floor - 7133.75 sq. ft. Second Floor- 7133.75 sq. ft. Third Floor - 7133.75 sg. Ft. Total Area
-28,535.00 sq. ft. |
|
|
|
|
|
|
Condition of the building. |
|
|
|
(1) Exterior— Excellent, Good, Normal, Poor. |
Normal |
|
|
(2) Interior — Excellent, Good, Normal, Poor, |
Normal |
|
SPECIFICATIONS
OF CONSTRUCTION (FLOOR-WISE) IN RESPECT OF
|
Description |
Ground Floor |
Other Floor |
|
|
|
|
|
Foundation |
RCC Foundation |
-- |
|
|
|
|
|
Superstructure |
Brick Masonary |
Brick Masonary |
|
|
|
|
|
Joinery/Doors
and windows (Please furnish
details about size of frames, shutters, glazing, fitting, etc. and specify
the species of timber) |
Sal wood frames and ply Shutters for Doors and Section windows |
Sal wood frames and ply Shutters for Doors and
Section windows |
|
|
|
|
|
R.C.C. Works |
R.C.C. Slab |
R.C.C. Slab |
|
|
|
|
|
Plastering |
Cement mortar |
Cement mortar |
|
|
|
|
|
Flooring,
Skirting, Dadoes |
P.C.C/ Marble Flooring |
P.C.C/ Marble Flooring |
|
|
|
|
|
Electric
installation |
Concealed wiring |
Concealed wiring |
|
|
|
|
|
Utility Services |
Average Quality |
Average Quality |
|
|
|
|
|
Special finish
as marble, granite, wooden paneling drills etc. |
-- |
-- |
|
COMPOUND WALL |
|
|
Height |
10’-0” |
|
Length |
190’-0” with main gate |
|
Type of construction |
Brick Masonary |
DETAILS OF VALUATION
|
Particulars of Item |
Plinth Area in (Sq. ft.) |
Roof Ht. |
Age of Building |
Estimated Replacement rate of Construction Rs.
Sq. ft. |
Replacement cost (Rs. In Millions) |
Net Value after depreciation (Rs. In Millions) |
|
|
|
|
|
|
|
|
|
Ground Floor |
7133.75 sq. ft. |
14’-0” |
76 years |
500/ per sq. ft.
|
35,66,875.00 |
3.567 |
|
First Floor |
7133.75 sq. ft. |
9’-0” |
76 years |
500/ per sq. ft. |
35,66,875.00 |
3.567 |
|
Second Floor |
7133.75 sq. ft. |
9’-0” |
76 years |
500/ per sq. ft. |
35,66,875.00 |
3.567 |
|
Third Floor |
7133.75 sq. ft. |
9’-0” |
76 years |
500/ per sq. ft. |
35,66,875.00 |
3.567 |
|
|
|
|
|
|
|
|
|
Total |
28535.00 sq. ft. |
|
|
|
1,42,67,500.00 |
14.268 |
PART – C (SERVICES)
|
Water Supply Arrangements |
Rs.0.090 Million |
|
|
|
|
Drainage Arrangements |
Rs.0.050 Million |
|
|
|
|
Electric Fittings |
Rs.0.060 Million |
|
|
|
|
Compound Wall |
Rs.0.070 Million |
|
|
|
|
Total |
Rs.0.270 Millions |
TOTAL
ABSTRACT OF THE ENTIRE PROPERTY
|
Part A - Land |
Rs.5.749
Millions |
|
|
|
|
Part B – Building |
Rs.14.268
Millions |
|
|
|
|
Part C – Services |
Rs.0.270 Million |
|
|
|
|
Total |
Rs.20.287 Millions |
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
(IN RESPECT
OF LAND/ SITE AND BUILDING)
GENERAL
DETAILS
|
Purpose for which the valuation is made. |
To Assess the present market value |
|
|
|
|
|
|
Date of inspection. |
16-06-2011 |
|
|
|
|
|
|
Date on which the valuation Is made. |
17-06-2011 |
|
|
|
|
|
|
List of document produced for Perusal. |
Registered sale deed S. L. No- 86, Dated- 03-12-1979. Mutation Card |
|
|
|
|
|
|
Name of the owner(s) and his! .their
address with phone no. Details of share of each owner In case of joint
ownership. |
Mr. Vishnu Kumar Arora S/o Mr. Ram Mohan Arora. House No. B-20/ 44- 45, Mohalla- Bhelupur, (Vijaya Nagaram Colony)
Ward- Bhelupur, Tahsil and Distt- Varanasi. Mob. No. 9839055400 |
|
|
|
|
|
|
Brief description of the property |
The said property is having a Double storied Residential Building .On
the Ground floor having One Drg. room, Four Bed rooms, One Dining, One
Kitchen, Two toilets and Stair Case. On the First floor having same as Ground
floor. Property is situated on the 40’ -0” wide colony road, which is
connected with Kamaksha to Khojwan, through Jal Sansthan Road. It is about
200 mt. from Kamaksha to Bhelupur road at Jal Sansthan. The said property is
located in a developed area and surrounded by Residential Cum Commercial
premises. All civic amenities are available within 2 km. Radius. |
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Location of the Property |
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(a) Plot No./ Araji No (b) Door No./ House No. © Mauza/ Village/ Mohalla. (d) Ward/ Taluka/ Pargana. (c) Mandal/ District. |
45 B-20/44-45 Bhelupur (Vijaya Nagaram Colony) Bhelupur Varanasi. |
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Type of the property whether. |
Residential |
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Classification of the area |
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(a) High/ Middle/ Poor |
Middle class. |
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(b) Urban/ Semi urban/ Rural |
Urban |
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Coming under Corporation Limit/ Village panchayat/ Municipality. |
Corporation Limit |
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Boundaries of the property. |
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North : South : East: West: |
40’-0” Wide Colony Road House of Mr. Jain Open Plot o.43 and 44 House of T.M. Arora on Plot No.46 |
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Dimension of the site. |
(A) As per Deed |
(B) Actual |
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North: South: East: West: |
38’-0” 38’-0” 74’-0” 74’-0” |
38’-0” 38’-0” 74’-0” 74’-0” |
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Extent of the site. |
2812.00 Sq. ft. |
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Extent of the site consideration For Valuation (Least of 11 a and 11 b) |
11-B |
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CHARACTERISTIC
OF THE SITE |
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Classification of locality. |
Middle class |
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Development of surrounding areas. |
Residential Cum Commercial Area. |
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Feasibility to the Civic amenities. |
Within 2 Km. Radius. |
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Level of land with topographical Condition. |
Road level. |
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Shape of land. |
Rectangular |
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Is plot in town planning Approved layout. |
Yes, S. I. No.B93/88, Dated 05.11.1988 |
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Corner plot or intermittent plot? |
Intermittent plot. |
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Road facilities. |
Available |
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Type of road available at present. |
40’ -0’‘wide Colony Road. |
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Water potentiality. |
Available. |
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Underground sewerage system. |
Available. |
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Power supply is available in the Site. |
Available. |
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Advantage of the site. |
The said property occupied by owner Himself and used for Commercial purpose |
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General remarks, if any |
1. Jal Sansthan, Kamachchha 2. Vijaya Nagaram Colony |
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PART – A (VALUATION OF LAND) |
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Total area of plot |
2812.00 sq. ft. |
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Prevailing Market rate |
1800/ to 2200/ per sq. ft. |
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Guideline rate obtained from the Register’s office. |
On the main road- 10,500/per sq. mt. On the link road - 7,800/per sq. mt. |
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Assessed/Adopted rate of Valuation |
1800/per sq. ft. |
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Estimate value of land. |
Rs.5.062 Millions |
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PART B (VALUATION OF BUILDING) TECHNICAL DETAILS OF THE BUILDING |
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Type of Building (Residential/ Commercial/ Industrial) |
Residential Building. |
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Type of construction. (Load bearing/ RCC/ Steel framed) |
Load Bearing Construction |
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Year of completion. |
1991 (20 Years old). |
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Number of floor and height of Each floor including basement If any. |
Ground Floor-11’-0” First Floor - 10’-0” |
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Plinth area floor wise. |
Ground Floor- 1780.00 sq. ft. First Floor – 1930.00 sq. ft. |
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Condition of the building. |
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(1) Exterior— Excellent, Good, Normal, Poor. |
Good |
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(2) Interior — Excellent, Good, Normal, Poor, |
Good |
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SPECIFICATIONS
OF CONSTRUCTION (FLOOR-WISE) IN RESPECT OF
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Description |
Ground Floor |
Other Floor |
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Foundation |
Load bearing Foundation |
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Superstructure |
Brick Masonary |
Brick Masonary |
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Joinery/Doors
and windows (Please furnish
details about size of frames, shutters, glazing, fitting, etc. and specify the
species of timber) |
Sal wood frames and Shisham Shutters |
Sal wood frames and Shisham Shutters |
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R.C.C. Works |
R.C.C. Slab |
R.C.C. Slab |
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Plastering |
Cement mortar |
Cement mortar |
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Flooring,
Skirting, Dadoes |
Marble Flooring |
Marble Flooring |
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Electric
installation |
Concealed wiring |
Concealed wiring |
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Utility Services |
Superior Quality |
Superior Quality |
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Special finish
as marble, granite, wooden paneling drills etc. |
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COMPOUND WALL |
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Height |
7’-0” |
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Length |
98’-0” with main gate |
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Type of construction |
Brick Masonary |
DETAILS OF VALUATION
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Particulars of Item |
Plinth Area in (Sq. ft.) |
Roof Ht. |
Age of Building |
Estimated Replacement rate of Construction Rs.
Sq. ft. |
Replacement cost (Rs. In Millions) |
Depreciation Rs. 20 % |
Net Value after depreciation (Rs. In Millions) |
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Ground Floor |
1780 sq. ft. |
11’-0” |
50 years |
800/ per sq. ft.
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1.424 |
0.285 |
1.139 |
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First Floor |
1930 sq. ft. |
10’-0” |
50 years |
800/ per sq. ft. |
1.544 |
0.309 |
1.235 |
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Second Floor |
NA |
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Total |
3710 sq. ft. |
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2.968 |
0.594 |
2.374 |
PART – C (SERVICES)
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Water Supply Arrangements |
Rs.0.050 Million |
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Drainage Arrangements |
Rs.0.020 Million |
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Electric Fittings |
Rs.0.030 Million |
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Compound Wall |
Rs.0.030 Million |
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Total |
Rs.0.130 Million |
TOTAL
ABSTRACT OF THE ENTIRE PROPERTY
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Part A - Land |
Rs.5.062
Millions |
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Part B – Building |
Rs.2.374
Millions |
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Part C – Services |
Rs.0.130 Million |
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Total |
Rs.7.566 Millions |
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FIXED ASSETS
· Land
· Bajaj Scooter
· Computer
· Plant and Machinery
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D G Set
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Printing Table
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Electrical Fitting
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Water Purefire
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Building
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.59 |
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1 |
Rs.71.75 |
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Euro |
1 |
Rs.64.80 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.