MIRA
INFORM REPORT
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Report Date : |
12.07.2011 |
IDENTIFICATION DETAILS
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Name : |
NGRT SYSTEMS PRIVATE LIMITED (w.e.f. 18.02.2011) |
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Formerly Known
As : |
NGRT SYSTEM PRIVATE LIMITED |
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Registered
Office : |
55, Dr. R.P. Banerjee Marg, Dhantoli, |
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Country : |
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Date of
Incorporation : |
19.04.2010 |
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Com. Reg. No.: |
202174 |
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Capital Investment
/ Paid-up Capital : |
Rs.0.100
million |
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CIN No.: [Company Identification
No.] |
U72300MH2010PTC202174 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
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Trader of Computer and Computer Peripherals, they are Apple Premium
reseller and also provide networking solution. |
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No. of Employees
: |
Approximately 35 (In Office) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company establishing itself gradually. Trade
relations are reported as fair. Business is active. Payment terms are
unknown. The company can be considered for business dealings with some caution.
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NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
INFORMATION PARTED BY
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Name : |
Mrs. Pranoti Shantanu Gadre |
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Designation : |
Director |
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Contact No.: |
91-9860467840 |
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Date : |
12.07.2011 |
LOCATIONS
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Registered Office : |
55, Dr. R.P. Banerjee Marg, Dhantoli, |
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Tel. No.: |
91-712-2443351 |
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Mobile No.: |
91-9860467840 (Mrs. Pranoti Shantanu Gadre) |
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E-Mail : |
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Website : |
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Area : |
1000 sq ft |
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Location : |
Owned |
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Showroom : |
Nexus Point,
Ravindranath Tagore Marg, Civil Line, |
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Tel. No.: |
91-712-2521511 |
DIRECTORS
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Name : |
Mrs. Pranoti Shantanu Gadre |
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Designation : |
Director |
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Address : |
55, Dr. R.P. Banerjee Marg, Dhantoli, |
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Date of Birth/Age : |
30.01.1979 |
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Qualification : |
Graduate |
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DIN No.: |
02930304 |
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Name : |
Mr. Shantanu Naresh Gadre |
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Designation : |
Director |
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Address : |
55, Dr. R.P. Banerjee Marg, Dhantoli, |
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Date of Birth/Age : |
14.08.1973 |
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Qualification : |
HSC |
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DIN No.: |
02930286 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
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Names of Shareholders |
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No. of Shares |
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Pranoti Shantanu Gadre |
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500 |
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Shantanu Naresh Gadre |
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500 |
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Total |
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1000 |
BUSINESS DETAILS
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Line of Business : |
Trader of Computer and Computer Peripherals, they are Apple Premium
reseller and also provide networking solution. |
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Terms : |
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Selling : |
Cash |
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Purchasing : |
Credit (30 days) |
GENERAL INFORMATION
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Customers : |
End Users |
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No. of Employees : |
Approximately 35 (In Office) |
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Bankers : |
Bank of Maharashtra, Shankar Nagar Branch, |
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Facilities : |
Cash Credit – Rs.10.000 millions TL – Rs.16.000 millions |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
K.K. Mankeshwar and Company Chartered Accountants |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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400000 |
Equity Shares |
Rs.100/-
each |
Rs.40.000 millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000 |
Equity Shares |
Rs.100/-
each |
Rs.0.100
million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
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Particulars |
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31.03.2011 (Approximately) |
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Sales Turnover |
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80.000 |
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Expected Sales (2011-2012): Rs.160.000 millions
The above information has been parted by Mrs. Pranoti Shantanu Gadre
(Director).
LOCAL AGENCY FURTHER INFORMATION
FORM 8:
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Corporate
identity number of the company |
U72300MH2010PTC202174 |
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Name of the
company |
NGRT SYSTEMS PRIVATE LIMITED |
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Address of the
registered office or of the principal place of business in |
55, Dr. R.P. Banerjee Marg, Dhantoli, E-Mail: abhay@kkmindia.com |
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This form is for |
Creation of
charge |
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Type of charge |
Immovable
Property Book Debts Others (Stock) |
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Particular of
charge holder |
Bank of Maharashtra, Shankar Nagar Branch, E-Mail: brmgr153@mahabank.co.in |
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Nature of
description of the instrument creating or modifying the charge |
Lease hold
premises i.e. Shop No.2 upper ground floor ad measuring 2900 sq. ft. (approx)
in the building known as "Nexus Point" constructed on the land
bearing city Survey No. 1689, Sheet No. 44, total land ad measuring 2500 sq.
mtr. Civil Lines, situated at Mouza- Sitabuldi and District Nagpur. |
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Date of
instrument Creating the charge |
08.04.2011 |
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Amount secured by
the charge |
Rs.32.500
millions |
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Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: 12.50% Terms of
Repayment: The loan shall be
repaid in monthly installment of Rs.0.025 million plus interest within a
period of 84 months which is inclusive of 3 months of moratorium. Margin: 25% in case of
Cash Credit. 42.85% in case of
term Loan Extent and
Operation of the charge: Lease hold premises
i.e. Shop No.2 upper ground floor ad measuring 2900 sq. ft. (approx) in the
building known as "Nexus Point" constructed on the land bearing
city Survey No. 1689, Sheet No. 44, total land ad measuring 2500 sq. mtr.
Civil Lines, situated at Mouza- Sitabuldi and District Nagpur. |
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Short particulars
of the property charged |
Shop No.2 upper
ground floor ad measuring 2900 sq. ft. (approximately) in the building known
as "Nexus Point" Civil Lines, constructed on the total land
admeasuring 2500 sq. mtr. |
TRADE REFERENCES:
v
Apple
v
Neotec Infomatic Limited
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 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.44.37 |
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1 |
Rs.70.84 |
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Euro |
1 |
Rs.62.95 |
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.