MIRA
INFORM REPORT
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Report Date : |
09.07.2011 |
IDENTIFICATION DETAILS
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Name : |
SPECTEC TECHNO PROJECTS PRIVATE LIMITED |
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Registered
Office : |
CB-254, Office No.1, 1st Floor, Ring Road, Naraina, New
Delhi-110 025, |
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Country : |
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Date of
Incorporation : |
31.03.2010 |
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Com. Reg. No.: |
55-200969 |
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Capital
Investment / Paid-up Capital : |
Rs.0.100 million |
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CIN No.: [Company Identification
No.] |
U29253DL2010PTC200969 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
DELS41117G |
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Legal Form : |
Private Limited liability company. |
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Line of Business
: |
Manufacturers and Exporter of Industrial Plants And Machinery |
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No. of Employees
: |
20 [Approximately] |
RATING & COMMENTS
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MIRA’s Rating : |
B (27) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Clear |
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Comments : |
Subject is a successor of Spectec Techno Projects a proprietory
concern started in the year 2005. It is a company having moderate track. Trade relations are reported as
fair. Business is active. Payments are reported to be slow but correct. The company can be considered for business dealings with some,
cautions, initially. |
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
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Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INFORMATION PARTED BY
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Name : |
Mr. Tapas Kumar |
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Designation : |
Director |
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Contact No.: |
91-9312002125 |
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Date : |
29.06.2011 |
LOCATIONS
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Registered Office/ Factory : |
CB-254, Office No.1, 1st Floor, Ring Road, Naraina, New
Delhi-110 025, |
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Tel. No.: |
91-11-32658725 / 25777397 |
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Mobile No.: |
91-9312002125 (Mr. Tapas Kumar) |
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Fax No.: |
91-11-25777397 |
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E-Mail : |
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Website : |
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Area : |
400 sq. ft. |
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Location : |
Owned |
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Branch Office : |
Office No.19, Ground Floor, Udyog Kshetra, Mulund, Mumbai – 400080, |
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Tel. No.: |
91-22-32232125 |
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Fax No.: |
91-22-25662129 |
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Factory: |
Located At: ·
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DIRECTORS
As on 26.03.2010
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Name : |
Mr. Tapas Kumar Dasfatesingha |
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Designation : |
Managing Director |
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Address : |
I-77, Narina Vihar, Narina, New Delhi-110 028, |
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Date of Birth/Age : |
21-05-1978 |
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Qualification : |
B. Tech Mechanical |
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Name : |
Ms. Debasmita Dasmohapatra |
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Designation : |
Director |
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Address : |
I-77, Narina Vihar, Narina, New Delhi-110 028, |
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Date of Birth/Age : |
19.05.1984 |
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Name : |
Mr. Prabhakar M. Patil |
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Designation : |
Director |
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Address : |
Arun Sheth Chawl, Waghoba Wadi, Tembipada, Bhandu[p – west, Mumbai – 400078,
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Date of Birth/Age : |
16.11.1982 |
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Date of Appointment : |
15.01.2011 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 26.03.2010
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Names of Shareholders |
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No. of Shares |
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Tapas Kumar Dasfatesingha |
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5000 |
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Debasmita Dasmohapatra |
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5000 |
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Total |
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10000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturers and Exporter of Industrial Plants and Machinery |
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Products : |
·
Turnkey Projects ·
Sociality Equipments ·
Fabrications ·
Equipment Supply ·
Spares |
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Exports : |
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Products : |
Industrial Plants and Machinery |
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Countries : |
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Terms : |
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Selling : |
Cash and Credit (30 days) |
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Purchasing : |
Cash and Credit (30 days) |
GENERAL INFORMATION
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Customers : |
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No. of Employees : |
20 [Approximately] |
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Bankers : |
Corporation Bank, |
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Banking
Relations : |
- |
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Auditors : |
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Name : |
Rajesh Tahur Chartered Accountant |
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Address : |
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CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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10,000 |
Equity Shares |
Rs.10/- Each |
Rs.0.100 million |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10,000 |
Equity Shares |
Rs.10/- Each |
Rs.0.100 million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
SPECTEC
TECHNO PROJECTS [PROPRIETORY CONCERN ]
|
Particulars |
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31.03.2010 |
31.03.2009 |
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Sales Turnover [Approximately] |
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17.000 |
10.000 |
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SPECTEC
TECHNO PROJECTS PRIVATE LIMITED
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Particulars |
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31.03.2011 |
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Sales Turnover [Approximately] |
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20.000 |
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The above information has been parted by Mr. Tapas Kumar [Director]
LOCAL AGENCY FURTHER INFORMATION
Trade Reference:
- Super Tech Agro
Oils Private Limited,
- K S Oils
Limited
Note : Registered office
address of the company has been shifted from CB-254, Office No.1, 3rd
Floor, Ring Road, Naraina, New Delhi-110 025,
Note : Branch address is shifted from Office No.113, 1st
Floor, Exim Link, Nahur, Mumbai-400 075,
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.44.32 |
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|
1 |
Rs.70.74 |
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Euro |
1 |
Rs.63.64 |
SCORE & RATING EXPLANATIONS
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
3 |
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PAID-UP CAPITAL |
1~10 |
3 |
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OPERATING SCALE |
1~10 |
3 |
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FINANCIAL CONDITION |
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--BUSINESS SCALE |
1~10 |
3 |
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--PROFITABILIRY |
1~10 |
3 |
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--LIQUIDITY |
1~10 |
3 |
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--LEVERAGE |
1~10 |
3 |
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--RESERVES |
1~10 |
3 |
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--CREDIT LINES |
1~10 |
3 |
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--MARGINS |
-5~5 |
- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
YES |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
YES |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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27 |
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
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
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.