1. Summary Information
|
|
|
Country |
India |
|
Company Name |
SG Enterprises
and Machinery Private Limited |
Principal Name 1 |
Mr. Saurabh Tyagi |
|
Status |
New Company |
Principal Name 2 |
Mr. Shridhar Ramkrishna Bhat |
|
|
|
Registration # |
216081 |
|
Street Address |
House No.139, First Floor, Holambi Kalan, New Delhi – 110082, India |
||
|
Established Date |
17.03.2011 |
SIC Code |
-- |
|
Telephone# |
-- |
Business Style 1 |
Trading |
|
Fax # |
-- |
Business Style 2 |
Distributor |
|
Homepage |
Product Name 1 |
Construction Machinery |
|
|
# of employees |
58
(Approximately) |
Product Name 2 |
Rescue Ladder |
|
Paid up capital |
Rs.1,000,000/- |
Product Name 3 |
-- |
|
Shareholders |
-- |
Banking |
Not Available |
|
Public Limited Corp. |
No |
Business Period |
New Company |
|
IPO |
No |
International Ins. |
-- |
|
Public |
No |
Rating |
NB |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
|
Invest& other Assets |
-- |
Retained Earnings |
-- |
|
|
|
Net Worth |
-- |
|
Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
-- |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
MIRA
INFORM REPORT
|
Report Date : |
15.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
SG ENTERPRISES AND MACHINERY PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
House No.139, First Floor, Holambi Kalan, New Delhi – 110082 |
|
|
|
|
Country : |
|
|
|
|
|
Date of
Incorporation : |
17.03.2011 |
|
|
|
|
Com. Reg. No.: |
216081 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.1.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U71210DL2011PTC216081 |
|
|
|
|
Legal Form : |
Private Limited Liability Company. |
|
|
|
|
Line of Business
: |
Trader and Distributor of Construction Machinery and Rescue Ladder. |
|
|
|
|
No. of Employees
: |
58 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a new company and yet to complete its one full year of
operation. Business is active. Payment terms are unknown. The company can be considered for business dealings on a safe an d
secured trade terms and conditions. |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
A1 |
A1 |
|
|
|
|
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INFORMATION PARTED BY (GENERAL DETAILS)
|
Name : |
Mr. Laxman |
|
Designation : |
Accounts Manager |
|
Date : |
13.06.2011 |
LOCATIONS
|
Registered Office : |
House No.139, First Floor, Holambi Kalan, New Delhi – 110082, India |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
B-121, Plot No. B 9 / 7 A, Sector- 62, Noida-201301, Uttar Pradesh,
India |
|
Tel No.: |
91-120-6482685/ 4283850 |
|
Fax No.: |
91-120-4542240 |
|
|
|
|
Branch Office : |
B-57, 2nd Floor, Basanti Apartment, EM – By Pass Road,
Opposite Metro Mall, Nanadan Kanan, Kolkata – 700075, West Bengal, India |
|
Tel No.: |
91-33-24166523 |
|
Fax No.: |
91-33-24166523 |
|
Email : |
DIRECTORS
|
Name : |
Mr. Saurabh Tyagi |
|
Designation : |
Director |
|
Address : |
Flat No.121, Block B-1, Neelkant Apartment, Sector 62, Sector 62, Near
Fortis Hospital, Noida – 201301, Uttar Pradesh, India |
|
Date of Birth/Age : |
26.01.1978 |
|
|
|
|
Name : |
Mr. Shridhar Ramkrishna Bhat |
|
Designation : |
Director |
|
Address : |
C1/24, Sarita Vaibhav Survey No.119/2, Singhad Road, Pune – 411030, Maharashtra,
India |
|
Date of Birth/Age : |
08.09.1977 |
|
|
|
|
Name : |
Mr. Ajit Tarachand Bafna |
|
Designation : |
Director |
|
Address : |
B2/202, S No.164 Matket, Yard H No 1 to 10, Ganga Dham, Manjari, Pune
– 411037, Maharashtra, India |
|
Date of Birth/Age : |
05.12.1975 |
KEY EXECUTIVES
|
Name : |
Mr. Laxman |
|
Designation : |
Accounts Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
|
Names of Shareholders |
|
No. of Shares |
|
|
|
|
|
Saurabh Tyagi |
|
50000 |
|
Ajit Tarachand Bafna |
|
25000 |
|
Shridhar Ramkrishna Bhat |
|
25000 |
|
|
|
|
|
Total |
|
100000 |
BUSINESS DETAILS
|
Line of Business : |
Trader and Distributor of Construction Machinery and Rescue Ladder. |
GENERAL INFORMATION
|
No. of Employees : |
58 (Approximately) |
|
|
|
|
Bankers : |
Not Available |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Available |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Share |
Rs.10/- each |
Rs.1.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Share |
Rs.10/- each |
Rs.1.000 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW CONCERN
LOCAL AGENCY FURTHER INFORMATION
WEBSITE DETAILS:
PROFILE:
They are subject or SGEE, as they are commonly known. They are
the authorized exclusive distributors for EVERDIGM Corp. for North, East and
Central India. They currently deal in superior quality construction machinery
and rescue ladders at extremely competitive prices in the above said regions of
India. They also boast of having one of the largest installation bases of
rock-breakers in India, and their After Sales Support has helped them carve a
strong presence for their products in these regions.
They offer RHINO brand of rock breakers in India, which have
a proven history of working most efficiently in different applications under
extremely tough working conditions in India. Their RHINO rock breakers also come with the added
advantage of working perfectly with almost all brands of excavators available
in India, such as, Larsen and Tubro, Telcon, Hyundai, Komatsu, JCB, Volvo,
Hitachi, Caterpillar, Kobelco and BEML etc. Choosing RHINO for the operations
can make feel assured about the reliability of delivery and a promise of high
profitability at optimum investment cost.
Working tirelessly from the very beginning, they at SGEE
have always endeavored to source the most up-to-date technology conforming to
the highest international standards at the most viable prices. They are
constantly on the move, establishing ourselves with their top-of-the-line
products’ offerings, reasonably priced spare-parts, well-informed service and
support and a pan-India dealer network to enhance their reach to a larger base
of customers with top quality construction machinery.
SGEE PROUD PARTNERS OF EVERDIGM CORPORATION.
In their quest to be the best, they have also tied up with
the best in the business, Everdigm Corp; a multinational giant setting up new
benchmarks of quality, reliability and safety in it’s more than a decade long journey
of research and excellence. A Korean multinational, Everdigm has established a
presence in manufacturing of Construction Equipments and Rescue ladder
Industries.
Today, Everdigm boast of a wide range of products for use in
machinery involved in Mining and Demolition operations. Their world-class
products are highly efficient and meet the necessary hydraulic and mechanical
installation criteria for carrier weight ranging from class 0.8 to 70 tons.
Their exhaustive series of Everdigm RHINO hydraulic rock breakers for various
carriers and their varied applications serve all purposes and uses with ease
and efficacy. Following are the types of series that these hydraulic rock
breakers are available for commercial use in the market.
Standard series:
The
new design and colour of power cell improves protection of power cell in non-
box enclosure bracket.
Prime series:
These
are silenced type breakers developed for environment and human health according
to international trends of noise restriction.
Premium series:
They
are designed for use in environmentally noise sensitive areas.
Skidsteer series:
They
are developed for skidsteer loader to meet the market requirements of higher
impact energy and optimal performance.
Backhoe series:
They are
developed for backhoe loaders to meet the required design for transportation.
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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.77 |
|
|
1 |
Rs.73.45 |
|
Euro |
1 |
Rs.64.55 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.