MIRA
INFORM REPORT
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Report Date : |
24.03.2011 |
IDENTIFICATION DETAILS
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Name : |
ASIAPOWER RECRUITMENT CONSULTANTS LIMITED |
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Registered
Office : |
215-217, Bezzola Complex, Opposite Suman Nagar, |
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Country : |
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Date of
Incorporation : |
23.03.2009 |
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Com. Reg. No.: |
191143 |
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CIN No.: [Company Identification
No.] |
U74910MH2009PLC191143 |
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Legal Form : |
A closely held Public Limited Liability Company |
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Line of Business
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To Provide within or outside |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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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 and yet to establish self. The financials of
the company are still available. Business is active. Payment terms are not
known. The company can be considered for business dealings on a 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
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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 |
LOCATIONS
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Registered Office : |
215-217, Bezzola Complex, Opposite Suman Nagar, |
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E-Mail : |
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Website : |
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Jomer Arcade, 3rd Floor, South Junction, |
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Tel. No.: |
91- 484- 4149999 |
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Fax No.: |
91 -484-4044520 |
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E-Mail : |
DIRECTORS
AS ON 23.03.2009
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Name : |
Mr. Mehak Ashok Mehra |
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Designation : |
Director |
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Address : |
C-2, Bunglow, Rajkunj Society, Chembur, Mumbai – 400074, |
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Date of Birth/Age : |
23.10.1988 |
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Name : |
Ms. Anita Ashokkumar Mehra |
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Designation : |
Director |
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Address : |
C-2, Bunglow, Rajkunj Society, Chembur, Mumbai – 400074, |
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Date of Birth/Age : |
05.03.1958 |
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Name : |
Mr. Dilip Vilayat Jaisinghani |
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Designation : |
Director |
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Address : |
Flat No.G-3, Ground Flor, Mithul Enclave Anik Village 217, Jijamata
Nagar, Mahul Road, Chembur, Mumbai – 400074, Maharashtra, India |
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Date of Birth/Age : |
02.03.1956 |
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Name : |
Mr. Vishal Ashok Mehra |
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Designation : |
Director |
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Address : |
C-5, Bunglow, Rajkunj Society, Behind Ashish Cinema, Chembur, Mumbai –
400074, |
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Date of Birth/Age : |
29.06.1983 |
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Name : |
Mr. Ruhi Vishal Mehra |
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Designation : |
Director |
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Address : |
C-2, Bunglow, Rajkunj Society, Chembur, Mumbai – 400074, |
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Date of Birth/Age : |
13.07.1982 |
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Name : |
Mr. Mehak Ashok Mehra |
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Designation : |
Director |
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Address : |
C-2, Bunglow, Rajkunj Society, Chembur, Mumbai – 400074, |
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Date of Birth/Age : |
23.10.1988 |
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Name : |
Ms. Anuradha Deepak Sheth |
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Designation : |
Director |
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Address : |
403, 4th Floor, B Wing, Sai Ashish Behind Vikroli Dus Depot
Vikroli East, Mumbai – 400083, Maharashtra, India |
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Date of Birth/Age : |
22.08.1964 |
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Name : |
Mr. Sarala Kutty Sheth |
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Designation : |
Director |
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Address : |
A Wing Flat No.5, 2nd Floor, Kurla Kamgar Nagar, Kurla
East, Mumbai – 400024, |
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Date of Birth/Age : |
25.01.1968 |
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Name : |
Mr. Devendra Ravindranath Pandey
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Designation : |
Director |
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Address : |
Devika Plot No. 74 Row House Sect No.1, Koperkharirane Navi Mumbai –
400704, |
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Date of Birth/Age : |
19.06.1949 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 23.03.2009
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Names of Shareholders |
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No. of Shares |
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Vishal Ashok Mehra |
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17496 |
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Percy Minoo Shroff |
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1 |
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Devendra Ravindranath Pandey |
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1 |
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Dilip Vilayat Jaisinghani |
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7500 |
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Sarala Kutty Sheth |
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1 |
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Anuradha Deepak Sheth |
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1 |
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Ruhi Vishal Mehra |
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5000 |
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Mehak Ashok Mehra |
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5000 |
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Anita Ashokkumar Mehra |
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15000 |
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Total |
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50000 |
BUSINESS DETAILS
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Line of Business : |
To Provide within or outside |
GENERAL INFORMATION
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Bankers : |
Not Available |
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Facilities : |
-- |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Chartered Accountant |
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Address : |
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Associates/Subsidiaries : |
NA |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 Millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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50000 |
Equity Shares |
Rs.10/- each |
Rs.0.500
Million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
New Company
LOCAL AGENCY FURTHER INFORMATION
NOTE:
The registered address of the company has been shifted from 217, Bezzola
Complex, Opposite Suman Nagar,
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.44.96 |
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1 |
Rs.73.56 |
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Euro |
1 |
Rs.63.68 |
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.