1. Summary Information

 

 

Country

India

Company Name

RENAULT NISSAN AUTOMOTIVE INDIA PRIVATE LIMITED

Principal Name 1

Mr. Marc Nassif

Status

Moderate

Principal Name 2

Mr. Akira Sakurai

 

 

Registration #

18-73002

Street Address

Plot N. 1, Sipcot Industrial Estate, Oragadam, Mattur (Post), Sriperumbudur - 602105, Tamilnadu, India

Established Date

25.09.2007

SIC Code

--

Telephone#

91-44-37196983

Business Style 1

Manufacturer

Fax #

91-44-67206016

Business Style 2

---

Homepage

www.nissan.in

Product Name 1

Automobiles

# of employees

Not Available

Product Name 2

---

Paid up capital

Rs. 18917215000/-

Product Name 3

---

Shareholders

Foreign holdings – 100%

Banking

Not Available

Public Limited Corp.

NO

Business Period

4 years

IPO

NO

International Ins.

---

Public Enterprise

NO

Rating

B (28)

Related Company

Relation

Country

Company Name

CEO

Holding Company

---

Nissan Motor Company Limited

---

Note

---

 

2. Summary Financial Statement

Balance Sheet as of

31.03.2010

(Unit: Indian Rs.)

Assets

Liabilities

Current Assets

1,957,719,000

Current Liabilities

3,178,179,000

Inventories

47,832,000

Long-term Liabilities

-- 

Fixed Assets

12,212,541,000

Other Liabilities

--

Deferred Assets

--

Total Liabilities

 3,178,179,000

Invest& other Assets

3,296,595,000

Retained Earnings

22,500,000

 

 

Net Worth

14,336,508,000

Total Assets

17,514,687,000

Total Liab. & Equity

17,514,687,000

 Total Assets

(Previous Year)

6,176,900,000

 

 

P/L Statement as of

31.03.2010

(Unit: Indian Rs.)

Sales

4,046,000

Net Profit

(1,391,595,000)

Sales(Previous yr)

--

Net Profit(Prev.yr)

(1,179,848,000)

 

 

MIRA INFORM REPORT

 

 

Report Date :

27.07.2011

 

IDENTIFICATION DETAILS

 

Name :

RENAULT NISSAN AUTOMOTIVE INDIA PRIVATE LIMITED

 

 

Formerly Known As :

RHOMBUS AUTOMOTIVE PRIVATE LIMITED

 

 

Registered Office :

Plot N. 1, Sipcot Industrial Estate, Oragadam, Mattur (Post), Sriperumbudur - 602105, Tamilnadu

 

 

Country :

India

 

 

Financials (as on) :

31.03.2010

 

 

Date of Incorporation :

25.09.2007

 

 

Com. Reg. No.:

18-73002

 

 

Capital Investment / Paid-up Capital :

Rs.14280.100 Millions

 

 

CIN No.:

[Company Identification No.]

U34100TN2007PTC073002

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturer of Automobiles

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (28)

 

RATING

STATUS

PROPOSED CREDIT LINE

 

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 57000000

 

 

Status :

Moderate

 

 

Payment Behaviour :

Slow

 

 

Litigation :

Clear

 

 

Comments :

Subject is joint venture between Nissan Group, Japan and Renault Group, Netherlands. It is an established company having moderate track. There appears to be huge accumulated losses recorded by the company. Trade relations are reported as fair. Business is active. Payments are reported to be slow. In view of strong capital base and strong promoter.

 

The company can be considered normal for business dealings at usual 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)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

LOCATIONS

 

Registered Office/ Factory :

Plot N. 1, Sipcot Industrial Estate, Oragadam, Mattur (Post), Sriperumbudur - 602105, Tamilnadu, India

Tel. No.:

91-44-37196983

Fax No.:

91-44-67206016

E-Mail :

nitin.negandhi@renault.com

venkat@nissan.in

ashwin.ravindra@rnaipl.com

Website :

www.nissan.in

 

 

Factory 2  :

IInd Floor, Krisp IT Park, 942, Vandalur - Kelambakkam Road, Kizhakottayur, Chennai - 600048, Tamilnadu, India

Tel. No.:

91-44-67480777

Fax No.:

91-44-67480739

 

 

DIRECTORS

 

As On 30.09.2010

 

Name :

Mr. Marc Nassif

Designation :

Director

Address :

5, Place Du Mesnil, Sevin 78720, St. Forget, France

Date of Birth/Age :

18.01.1962

Qualification :

Engineer

Date of Appointment :

21.05.2008

DIN No. :

01667254

 

 

Name :

Mr. Akira Sakurai

Designation :

Managing Director

Address :

369 and 370, Seashore Town, 11th Avenue, Panayur, Chennai – 600119, Tamilnadu, India

Date of Birth/Age :

13.01.1958

Date of Appointment :

12.05.2009

DIN No. :

02628705

 

 

Name :

Mr. Shouhei Kimura

Designation :

Managing Director

Address :

Tsumadakita 3-16-18, Atsugi-shi, Kanagawa, Japan – 2430812

Date of Birth/Age :

12.03.1957

Qualification :

Engineers

Date of Appointment :

21.04.2008

Date of Ceasing :

12.05.2009

 

 

Name :

Mr. Toral Desai

Designation :

Director

Address :

91, Kuber Towers, A V Nagvekar Marg, Off-Nariman Road, Prabhadevi, Mumbai-400025, Maharashtra, India

Date of Birth/Age :

30.11.1972

Date of Appointment :

25.09.2007

Date of Ceasing :

15.12.2007

 

 

Name :

Mr. Vishwang Desai

Designation :

Director

Address :

70, Marine Drive, Matru Chhaya, Mumbai-400020, Maharashtra, India

Date of Birth/Age :

20.12.1961

Date of Appointment :

25.09.2007

Date of Ceasing :

15.12.2007

 

 

Name :

Mr. Bilaine Sylvain

Designation :

Director

Address :

101, Vaibhav, Janki Kuti, Juhu, Mumbai – 400049, Maharashtra, India

Date of Birth/Age :

13.04.1954

Date of Appointment :

14.12.2007

Date of Ceasing :

21.05.2008

 

 

Name :

Mr. Nakayama Taro

Designation :

Director

Address :

6-48-7, Ryokuen, Izumi-Ku Yokoham 2450002, Japan

Date of Birth/Age :

18.09.1955

Date of Appointment :

14.12.2007

Date of Ceasing :

22.04.2008

 

 

KEY EXECUTIVES

 

Name :

Mr. Ashwin Kumar R

Designation :

Company Secretary

Address :

22 Apparsamy Koil Street, Mylapore, Chennai – 600004, Tamilnadu, India

Date of Birth/Age :

20.04.1985

Date of Appointment :

20.07.2009

Pan No. :

ANIPA8234B

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As On 30.09.2010

 

Names of Shareholders

 

No. of Shares

Renault Group BV

 

567516500

Nissan Motor Limited – Japan

 

1324205000

 

 

 

Total

 

1891721500

 

As On 11.01.2010

 

Names of Shareholders

 

No. of Shares

Renault Group BV, The Netherlands

 

100000000

 

 

 

Total

 

100000000

 

As On 17.05.2010

 

Names of Shareholders

 

No. of Shares

Nisaan Motor Company Limited, Japan

 

263400000

 

 

 

Total

 

263400000

 

As On 23.08.2010

 

Names of Shareholders

 

No. of Shares

Renault Group BV, The Netherlands

 

200311500

 

 

 

Total

 

200311500

 

 

As On 30.09.2010

 

Category

Percentage

Foreign holdings( Foreign institutional investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident Indian(s) or Overseas Corporate bodies or Others

100.00

 

 

Total

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer of Automobiles

 

 

GENERAL INFORMATION

 

Bankers :

Not Available

 

 

 

Banking Relations :

----