1. Summary Information
|
|
|
Country |
|
|
Company Name |
Maniar
Injectoplast Private Limited |
Principal Name 1 |
Mr. Manish Bhogilal Maniar |
|
Status |
Dormant |
Principal Name 2 |
Mr. Kalpesh Bhogilal Maniar |
|
|
|
Registration # |
11-113951 |
|
Street Address |
187/62,
Tirthankar Estate, Gogtewadi, Off Aarey Road, Goregaon East, Mumbai – 400
063, |
||
|
Established Date |
12.03.1998 |
SIC Code |
-- |
|
Telephone# |
91-22-22915834 |
Business Style 1 |
Manufacturing |
|
Fax # |
91-22-29275563 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
-- |
|
|
# of employees |
Not Available |
Product Name 2 |
-- |
|
Paid up capital |
Not
Available |
Product Name 3 |
-- |
|
Shareholders |
Not Available |
Banking |
The Shamrao Vithal Co-op. Bank Limited |
|
Public Limited Corp. |
-- |
Business Period |
13 Years |
|
IPO |
-- |
International Ins. |
- |
|
Public |
|
Rating |
C |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
--- |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
NA |
Current Liabilities |
NA |
|
Inventories |
NA |
Long-term Liabilities |
NA |
|
Fixed Assets |
NA |
Other Liabilities |
NA |
|
Deferred Assets |
NA |
Total Liabilities |
NA |
|
Invest& other Assets |
NA |
Retained Earnings |
NA |
|
|
|
Net Worth |
NA |
|
Total Assets |
NA |
Total Liab. & Equity |
NA |
|
Total Assets (Previous Year) |
NA |
|
|
|
P/L Statement as of |
--- |
(Unit: Indian Rs.) |
|
|
Sales |
NA |
Net Profit |
NA |
|
Sales(Previous yr) |
NA |
Net Profit(Prev.yr) |
NA |
MIRA
INFORM REPORT
|
Report Date : |
23.06.2011 |
IDENTIFICATION DETAILS
|
Name : |
MANIAR INJECTOPLAST PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
187/62, Tirthankar Estate, Gogtewadi, Off Aarey Road, Goregaon East,
Mumbai – 400 063, |
|
|
|
|
Country : |
|
|
|
|
|
Date of
Incorporation : |
12.03.1998 |
|
|
|
|
Com. Reg. No.: |
11-113951 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Not Available |
|
|
|
|
CIN No.: [Company Identification
No.] |
U25200MH1998PTC113951 |
|
|
|
|
IEC No.: |
0305050460 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMM12383A / MUMM38808A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCM6100H |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of all Types of Plastic Material Type Products |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Dormant |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
-- |
|
|
|
|
Comments : |
As per government, the status of the company is shown as ‘Dormant’. The
management has not filed the financial of the company with the government
department since its inception and also denied to provide the same. Payment
terms are known. Initially, the company can be considered for business dealings on a
safe and 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
|
Name : |
Mr. Kalpesh |
|
Designation : |
Accounts Manager |
|
Contact No.: |
91-9768040874 |
|
Date : |
15.06.2011 |
LOCATIONS
|
Registered Office : |
187/62, Tirthankar Estate, Gogtewadi, Off Aarey Road, Goregaon East,
Mumbai – 400 063, |
|
Tel. No.: |
91-22-22915834 |
|
Mobile No.: |
91-9768040874 (Mr. Kalpesh) |
|
Fax No.: |
91-22-29275563 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
650 Sq. ft. |
|
|
|
|
Factory : |
Gat 907/2, Plot No. 2, Sanaswadi, |
|
Tel. No.: |
91-2137-252985 |
|
Fax No.: |
91-2137-252985 |
|
E-Mail : |
|
|
Area : |
5500 Sq. ft. |
DIRECTORS
|
Name : |
Mr. Manish Bhogilal Maniar |
|
Designation : |
Director |
|
|
|
|
Name : |
Mr. Kalpesh Bhogilal Maniar |
|
Designation : |
Director |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
|
Names of Shareholders |
|
No. of Shares |
|
Manish B Maniar |
|
100 |
|
Kalpesh B Maniar |
|
100 |
|
|
|
|
|
Total |
|
200 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of all Types of Plastic Material Type Products |
|
|
|
|
Exports : |
|
|
Products : |
Customised plastic molded parts, components and assemblies |
|
Countries : |
·
·
|
|
|
|
|
Imports : |
|
|
Products : |
Plastic Raw Materials |
|
Countries : |
·
UAE ·
·
|
PRODUCTION STATUS
|
Particulars |
Unit |
Licensed
Capacity |
Installed
Capacity |
Actual
Production |
|
Customised plastic molded parts, components and assemblies |
Tons |
-- |
35 |
27 |
GENERAL INFORMATION
|
Bankers : |
The Shamrao Vithal
Co-op. Bank Limited Goregaon (West),
Mumbai – 400 062, |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Divulged |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
50000 |
Equity Shares |
Rs.10/- each |
Rs.0.500 million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
NA |
NA |
NA |
NA |
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT AVAILABLE
LOCAL AGENCY FURTHER INFORMATION
Bankers Charges
Report as per Registry
|
Name of the company |
MANIAR INJECTOPLAST PRIVATE LIMITED |
|
Presented By |
The Shamrao
Vithal Co-Op. Bank Limited, Goregaon (West), Mumbai – 400 062 |
|
1) Date and description of instrument creating the change |
Agreement of
Hypothecation of Tangible Moveable Property dated 14.09.1998 |
|
2) Amount secured by the charge/amount owing on the securities of charge |
Rs.0.150 million |
|
3) Short particular of the property charged. If the property acquired is subject to charge, date of the acquired of the property should be given |
All goods and
commodities such as ink, retarder, consumables and stores at Sanaswadi, Gat
No.1233, Taluka – Shirur, District, Pune of the Borrower |
|
4) Gist of the terms and conditions and extent and operation of the charge. |
To secure Cash
Credit Facility granted by the Bank to the Borrower Rate of Interest
– 17% p.a. |
|
5) Name and Address and description of the person entitled to the charge. |
The Shamrao
Vithal Co-op. Bank Limited Goregaon (West),
Mumbai – 400 062 |
|
6) Date and brief description of instrument modifying the charge |
No instrument was
executed. However, the Equitable Mortgage has been created, by way of deposit
of title deeds, on 14.09.1998 |
|
7) Particulars of modifications specifying the terms and conditions or the extent of operations of the charge in which modification is made and the details of the modification. |
By the
modification, the additional security, in respect of immoveable properties
being agricultural land bearing Gat No. 1233, adm. Approximately 8000 sq.
ft., adm. Approximately 8000 Sq. ft. adm. Approximately 12000 Sq. ft. adm.
Approximately 6000 sq. ft., adm. Approximately 6000 sq. ft., acquired from
Mrs. Shaikh Nasarin Sahabuddin, Mrs. Cyntia B. Torcato, Mr. Rasiklal Motilal
Karnavat, Mr. Rajendra Narayan, Mr. Dilip Dhondiba Mate, respectively and
more particularly lying being and situate at Village – Sanaswadi,
Taluka-Shirur, District – Pune, has been provided by the Borrower, to secure
cash credit limit of Rs.0.150 million granted by the Bank. Therefore, the
overall charge still remains at Rs.0.150 million. |
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.44.82 |
|
|
1 |
Rs.72.84 |
|
Euro |
1 |
Rs.64.58 |
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.