1. Summary Information
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Country |
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Company Name |
AMMAN GRANITE
EXPORTS PRIVATE LIMITED |
Principal Name 1 |
Mr. M Ramasamy |
|
Status |
Dormant |
Principal Name 2 |
Mrs. Shanthi Ramasamy |
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|
|
Registration # |
011282 |
|
Street Address |
Muthu Gounder
Colony, Harur-Dharmapuri District – 636903, |
||
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Established Date |
19.08.2004 |
SIC Code |
-- |
|
Telephone# |
91-4346-222119/222169 |
Business Style 1 |
Manufacturer |
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Fax # |
91-4346-222033 |
Business Style 2 |
Exporter |
|
Homepage |
Product Name 1 |
Granite Monuments |
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|
# of employees |
150 |
Product Name 2 |
-- |
|
Paid up capital |
Rs. 29,500,000/- |
Product Name 3 |
-- |
|
Shareholders |
-- |
Banking |
State Bank of |
|
Public Limited Corp. |
No |
Business Period |
06 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
C |
|
Related
Company |
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Relation
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Country |
Company
Name |
CEO |
|
Associates/
Subsidiaries: |
|
AG Granites Private Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2010 |
(Unit: Indian Rs.) |
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Assets |
Liabilities |
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Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
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Invest& other Assets |
-- |
Retained Earnings |
-- |
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Net Worth |
-- |
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Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
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|
|
P/L Statement as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Sales |
280,000,000 |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
MIRA
INFORM REPORT
REVISED REPORT
|
Report Date : |
31.05.2011 |
IDENTIFICATION DETAILS
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Name : |
AMMAN GRANITE EXPORTS PRIVATE LIMITED |
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Registered
Office : |
Muthu Gounder Colony, Harur-Dharmapuri District – 636903, Tamilnadu |
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Country : |
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Date of
Incorporation : |
19.08.2004 |
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Com. Reg. No.: |
011282 |
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CIN No.: [Company Identification
No.] |
U14102TZ2004PTC011282 |
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TIN No.: |
33983340475 |
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CST : |
449253 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and Exporter of Granite Monuments |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Dormant |
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Payment Behaviour : |
-- |
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Litigation : |
-- |
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Comments : |
As per government, the status of the company is shown as ‘Dormant’.
The company had closed its operations since 2006. 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) |
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|
A1 |
A1 |
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Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
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 |
INFORMATION PARTED BY
|
Name : |
Mr. Muthu |
|
Designation : |
Office Assistant |
|
Contact No.: |
91-4346-222555 |
LOCATIONS
|
Registered Office : |
Muthu Gounder Colony, Harur-Dharmapuri District – 636903, |
|
Tel. No.: |
91-4346-222119/222169 |
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Fax No.: |
91-4346-222033 |
|
Website : |
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Corporate Office : |
Flat 2-AB, 4th Block, Kences Enclave, |
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Tel. No.: |
91-44-28142333/28140999 |
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Fax No.: |
91-44-28140896 |
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E-Mail : |
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Factory : |
M G Colony, Harur 636903, |
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Tel. No.: |
91-4346-223999/222555/222266 |
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Fax No.: |
91-4346-222666 |
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E-Mail : |
DIRECTORS
|
Name : |
Mr. M Ramasamy |
|
Designation : |
Director |
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|
Name : |
Mrs. Shanthi Ramasamy |
|
Designation : |
Director |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Granite Monuments |
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Exports : |
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Products : |
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Imports : |
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Products : |
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Terms : |
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Selling : |
L/C, Credit |
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Purchasing : |
L/C, Credit |
GENERAL INFORMATION
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Customers : |
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No. of Employees : |
150 (In Factory) |
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Bankers : |
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Banking
Relations : |
-- |
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Associates/Subsidiaries : |
Address: Muthu Gounder Colony,
Harur-Dharmapuri District – 636903, Line of Business: Granite Monuments
Business
Address: Muthu Gounder Colony, Harur-Dharmapuri
District – 636903, Line of Business: Granite Monuments
Business |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3500000 |
Equity Shares |
Rs. 10/- each |
Rs. 35.000 Millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
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|
|
|
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|
2950000 |
Equity Shares |
Rs. 10/- each |
Rs. 29.500
Millions |
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|
|
FINANCIAL DATA
[all figures are in
Rupees Millions]
|
Particulars |
|
|
31.03.2010 |
|
Sales Turnover (approximately) |
|
|
280.000 |
The above information has been parted by Mr. Muthu (office Assistant)
LOCAL AGENCY FURTHER INFORMATION
PROFILE
AG Granites Private Limited – 2000
Amman Granite Exports Private Limited – 2004
The above three are of the same group. Amman Granite Exports was started
in 2004. All the three of them are engaged in the same business of granite
monuments exports.
AMMAN GRANITES is a name which profoundly stands for the monument
experts in India, came into existence since 20 years as a 100% Export Oriented
Organization. Amman Granites is one of the largest producers of granite
monuments in the country and has clients from all around the globe looking upto
it for their exact needs. To cater the ever increasing demand of the global
needs, the company has expanded its capacity by opening an additional unit in
the name of AG GRANITES PRIVATE LIMITED since the year 2000. Another additional
unit called the Amman Granite Exports Private Limited was started in 2004. P11
of them are doing same business.
The factory and the quarry is situated in
HARUR in the southern part of
AMMAN GRANITES has got the complete range of
the State-of-the art technologically advanced machinery and other
infrastructure to handle such a volume of containers - about 450 containers per
annum. The range of machinery starts from 7 Block cutters from YAMANA – JAPAN
for precision cutting - with size ranging from 2.0 mtrs to 3.5 mtrs dia and 7
edge cutting machines also from YAMANA — JAPAN for perfect Square cutting, 4
Shaping and Polishing machines from THIBAUT - FRANCE and Block squaring
machines, robotic profile cutting machines, 1 each from PELLEGRINI — ITALY
All these imported machinery are controlled by
system operations to ensure ZERO error perfection. The factory is equipped with
giant generators enable the plant to run with uninterrupted power supply.
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.45.10 |
|
|
1 |
Rs.74.27 |
|
Euro |
1 |
Rs.64.35 |
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.