MIRA
INFORM REPORT
|
Report Date : |
15.11.2011 |
IDENTIFICATION DETAILS
|
Name : |
KLJ RESOURCES LIMITED |
|
|
|
|
Registered
Office : |
8 Cammac Street, Kolkata 700017, West Bengal |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
24.11.1986 |
|
|
|
|
Com. Reg. No.: |
041487 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 250.000 millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
L67120WB1986PLC041487 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CALK03240G |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCK1181C |
|
|
|
|
Legal Form : |
Public Limited Liability Company, Company's Shares are Listed on Stock
Exchange |
|
|
|
|
Line of Business
: |
Trader of Chemicals |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (48) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 2275064 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established company having satisfactory track. Trade
relations are reported as fair. Business is active. Payments are reported to
be usually correct and as per commitments. 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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
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 : |
8 Cammac Street, Kolkata 700017, West Bengal, India |
|
E-Mail : |
|
|
|
|
|
Correspondence Office: |
KLJ House 63, Rama Marg, Najafgarh Road, New Delhi 110015, India |
|
Tel. No.: |
91-11-25459706 |
|
Fax No.: |
91-11-25459709 |
DIRECTORS
AS ON 30.09.2010
|
Name : |
Mr. Hemant Jain |
|
Designation : |
Managing Director |
|
Date of Birth/Age : |
18.08.1971 |
|
Date of Appointment : |
01.10.2005 |
|
DIN No.: |
00506995 |
OTHER DIRECTORSHIP
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of appointment
at current designation |
Original date of
appointment |
Date of
cessation |
Company Status |
Defaulting
status |
|
1 |
U24119DL1989PLC036883
|
K L J Polymers And
Chemicals Limited |
Director |
25/09/1989 |
25/09/1989 |
- |
Active |
NO |
|
2 |
U74210AP1994PTC019032
|
Sumax Engineering
Private Limited |
Director |
28/12/1996 |
28/12/1996 |
18/01/2011 |
Active |
NO |
|
3 |
U51495DL1997PTC088314
|
Pragya Enterprises
Private Limited |
Director |
03/07/1997 |
03/07/1997 |
08/02/2008 |
Active |
NO |
|
4 |
U24299DL1998PTC093855
|
Pragya Products
Private Limited |
Director |
15/05/1998 |
15/05/1998 |
14/05/2008 |
Active |
NO |
|
5 |
U70101DL1998PTC093856
|
Chetna Estate
Private Limited. |
Director |
15/05/1998 |
15/05/1998 |
08/02/2008 |
Active |
NO |
|
6 |
U72900DL2001PTC109334
|
Klj Infotech
Private Limited |
Director |
23/01/2001 |
23/01/2001 |
- |
Active |
NO |
|
7 |
U70101DL1997PTC088313
|
Klj Estates Private
Limited |
Director |
24/07/2003 |
24/07/2003 |
08/02/2008 |
Active |
NO |
|
8 |
U45201DL2003PTC118748
|
Genious Promoters
And Developers Private Limited |
Director |
15/10/2003 |
15/10/2003 |
17/06/2008 |
Active |
NO |
|
9 |
U74899DL1995PTC072219
|
Delhi Buildwell Private
Limited |
Director |
27/04/2004 |
27/04/2004 |
30/03/2011 |
Active |
NO |
|
10 |
U74899DL1953PTC002338
|
Prithvi Sound
Products Company Private Limited |
Director |
15/04/2005 |
15/04/2005 |
- |
Active |
NO |
|
11 |
U70101DL2005PTC139094
|
Cadillac Buildwell
Private Limited |
Director |
27/07/2005 |
27/07/2005 |
- |
Active |
NO |
|
12 |
L67120WB1986PLC041487
|
Klj Resources Ltd |
Managing director |
01/04/2009 |
01/10/2005 |
- |
Active |
NO |
|
13 |
U45201DL2005PTC143434
|
Shv Buildwell
Private Limited |
Director |
25/09/2006 |
29/12/2005 |
08/02/2008 |
Active |
NO |
|
14 |
U45201DL2005PTC143435
|
Hvs Buildwell
Private Limited |
Director |
25/09/2006 |
29/12/2005 |
01/03/2007 |
Active |
NO |
|
15 |
U45201DL2006PTC144850
|
Js Buildwell
Private Limited |
Director |
13/01/2006 |
13/01/2006 |
01/03/2007 |
Active |
NO |
|
16 |
U45201DL2006PTC144846
|
Jm Buildwell
Private Limited |
Director |
13/01/2006 |
13/01/2006 |
05/03/2007 |
Active |
NO |
|
17 |
U45201DL2006PTC144845
|
Ha Buildwell
Private Limited |
Director |
13/01/2006 |
13/01/2006 |
05/03/2007 |
Active |
NO |
|
18 |
U45201DL2006PTC144844
|
Hp Buildwell
Private Limited |
Director |
13/01/2006 |
13/01/2006 |
05/03/2007 |
Active |
NO |
|
19 |
U45201DL2005PTC143313
|
Smv Buildwell
Private Limited |
Director |
22/01/2006 |
22/01/2006 |
05/03/2007 |
Active |
NO |
|
20 |
U45201DL2006PTC145296
|
Klj Developers
Private Limited |
Director |
16/03/2010 |
24/01/2006 |
- |
Active |
NO |
|
21 |
U45201DL2006PTC144827
|
Hm Buildcon Private
Limited |
Director |
01/08/2006 |
01/08/2006 |
05/03/2007 |
Active |
NO |
|
22 |
U15422DL1997PTC091143
|
Pioneer Eserve
Private Limited |
Director |
30/09/2009 |
03/10/2006 |
- |
Active |
NO |
|
23 |
U45201DL2006PTC144848
|
Ap Buildcon Private
Limited |
Director |
29/09/2007 |
10/07/2007 |
13/06/2008 |
Active |
NO |
|
24 |
U74899DL1995PLC068170
|
Klj Organic Limited
|
Director |
29/09/2007 |
20/08/2007 |
- |
Active |
NO |
|
25 |
U45400DL2007PTC167471
|
Cadillac Real-Tech
Private Limited |
Director |
27/08/2007 |
27/08/2007 |
08/02/2008 |
Strike off |
NO |
|
26 |
U45400DL2007PTC167420
|
Cadillac It Park Private
Limited |
Director |
27/08/2007 |
27/08/2007 |
08/02/2008 |
Strike off |
NO |
|
27 |
U45400DL2007PTC167419
|
Cadillac It
Developers Private Limited |
Director |
27/08/2007 |
27/08/2007 |
08/02/2008 |
Strike off |
NO |
|
28 |
U45200DL2008PTC173602
|
Ph Infrastructure
Private Limited |
Director |
05/02/2008 |
05/02/2008 |
13/06/2008 |
Active |
NO |
|
29 |
U55101DL2008PTC173687
|
Klj Resorts Private
Limited |
Director |
06/02/2008 |
06/02/2008 |
- |
Strike off |
NO |
|
30 |
U45200DL2008PTC173580
|
Pk Infracon Private
Limited |
Director |
30/09/2009 |
02/04/2009 |
05/05/2011 |
Active |
NO |
|
31 |
U72200DL2006PTC147341
|
Sunny It Infrasoft
Private Limited |
Additional director
|
10/06/2009 |
10/06/2009 |
30/09/2009 |
Active |
|
|
32 |
U74999DL2009PTC191454
|
Koyo Lift Systems
India Private Limited |
Director |
22/06/2009 |
22/06/2009 |
15/03/2010 |
Active |
NO |
|
Name : |
Mr. Virendra Kumar Singhi |
|
Designation : |
Director |
|
Date of Birth/Age : |
02.10.1964 |
|
Date of Appointment : |
19.01.2009 |
|
DIN No.: |
00028824 |
OTHER DIRECTORSHIP
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of
appointment at current designation |
Original date of
appointment |
Date of
cessation |
Company Status |
Defaulting
status |
|
1 |
U74899DL1995PLC068170
|
Klj Organic Limited
|
Director |
30/09/1997 |
30/09/1997 |
- |
Active |
NO |
|
2 |
U51495DL1998PTC092781
|
Ujjaval Traders
Private Limited. |
Director |
18/03/1998 |
18/03/1998 |
- |
Active |
NO |
|
3 |
U74140DL1949PTC001672
|
Virmani Industries
Private Ltd |
Director |
13/12/2002 |
13/12/2002 |
- |
Active |
NO |
|
4 |
U45201DL2005PTC143314
|
Mvs Buildwell
Private Limited |
Director |
06/12/2005 |
06/12/2005 |
21/12/2010 |
Active |
NO |
|
5 |
U45201DL2005PTC143435
|
Hvs Buildwell
Private Limited |
Director |
08/12/2005 |
08/12/2005 |
- |
Active |
NO |
|
6 |
U45201DL2005PTC143434
|
Shv Buildwell
Private Limited |
Director |
08/12/2005 |
08/12/2005 |
- |
Active |
NO |
|
7 |
L67120WB1986PLC041487
|
Klj Resources Ltd |
Director |
30/09/2009 |
19/01/2009 |
18/08/2011 |
Active |
NO |
|
8 |
U45200DL2008PTC173580
|
Pk Infracon Private
Limited |
Director |
30/09/2009 |
02/04/2009 |
- |
Active |
NO |
|
9 |
U74999DL2009PTC191454
|
Koyo Lift Systems
India Private Limited |
Director |
22/06/2009 |
22/06/2009 |
- |
Active |
NO |
|
10 |
U74210AP1994PTC019032
|
Sumax Engineering
Private Limited |
Additional director
|
18/01/2011 |
18/01/2011 |
- |
Active |
NO |
|
11 |
U51909WB2007PTC117842
|
Pragati Imptrade
Private Limited |
Director |
25/02/2011 |
25/02/2011 |
- |
Active |
NO |
|
Name : |
Mr. Dilip Karan |
|
Designation : |
Director |
|
Date of Birth/Age : |
06.02.1953 |
|
Date of Appointment : |
10.10.1997 |
|
Name : |
Mr. Umakant Upendra Bhobe |
|
Designation : |
Director |
|
Date of Birth/Age : |
15.01.1942 |
|
Date of Appointment : |
01.10.2005 |
KEY EXECUTIVES
|
Name : |
Mr. Praveen Sharma |
|
Designation : |
Secretary |
|
Date of Birth/Age : |
13.09.1965 |
|
Date of Appointment : |
01.04.2009 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2010
|
Sr. No. |
Names of Equity Shareholders |
No. of Shares |
|
1 |
Abhay Pincha |
500 |
|
2 |
Abhijit Banerjee |
500 |
|
3 |
Ajay Kumar Banerjee |
500 |
|
4 |
Ajit Kumar Burman |
500 |
|
5 |
Ajit Kumar Roy |
500 |
|
6 |
Ajit Prasad Jain |
500 |
|
7 |
Ajoy Banerjee |
500 |
|
8 |
Alka Banthia |
500 |
|
9 |
Amal Basak |
500 |
|
10 |
Amar Nath Bajoria |
500 |
|
11 |
Amit Pugalia |
500 |
|
12 |
Amitava Bakshi |
500 |
|
13 |
Anil Bajoria |
500 |
|
14 |
Anil Kumar Bajaj |
500 |
|
15 |
Anjan Kumar Saraf |
500 |
|
16 |
Arbinda Chaudhuri |
500 |
|
17 |
Arjun Lal Shaw |
500 |
|
18 |
Arun Chaudhuri |
500 |
|
19 |
Arun Kumar Bagla |
500 |
|
20 |
Arun Kumar Banka |
500 |
|
21 |
Arun Kumar Bhadra |
500 |
|
22 |
Arup Chaudhuri |
500 |
|
23 |
Ashim Rakshit |
500 |
|
24 |
Ashit Kumar Ram |
500 |
|
25 |
Ashok Kumar Das |
500 |
|
26 |
Ashok Kumar Ganguly |
500 |
|
27 |
Ashok Kumar Saha |
500 |
|
28 |
Ashok Kumar Sharma |
500 |
|
29 |
Ashoke Kumar Dey |
500 |
|
30 |
Ashutosh Dutt |
500 |
|
31 |
Asit Kumar Burman |
500 |
|
32 |
Asit Ranjan Das |
500 |
|
33 |
Atin Kumar Das |
500 |
|
34 |
Avinash Verma |
500 |
|
35 |
B K Dhar |
500 |
|
36 |
B S Bakshi |
500 |
|
37 |
Bajrang Lal Bajaj |
500 |
|
38 |
Bal Krishan Rathi |
500 |
|
39 |
Barun Kumar Dey |
500 |
|
40 |
Basudeo Dhanuka |
500 |
|
41 |
Basudev Ganguly |
500 |
|
42 |
Bholanath Basak |
500 |
|
43 |
Bijoy Roy |
500 |
|
44 |
Bijoy Kumar Rathi |
500 |
|
45 |
Bijoy Kumar Shaw |
500 |
|
46 |
Bikash Saha |
500 |
|
47 |
Bimal Kumar Bansal |
500 |
|
48 |
Biman Chatterjee |
500 |
|
49 |
Binod Kumar Agarwal |
500 |
|
50 |
Birandra Nath Chatterjee |
500 |
|
51 |
Biresh Chatterjee |
500 |
|
52 |
Bireswar Chatterjee |
500 |
|
53 |
Bishnu Kumar Dhanuka |
500 |
|
54 |
Borun Kumar Deb |
500 |
|
55 |
C R Banerjee |
500 |
|
56 |
Chandra Prakash Agarwal |
500 |
|
57 |
Chetan Doshi |
500 |
|
58 |
D K Batra |
500 |
|
59 |
Debasis Acharya |
500 |
|
60 |
Deep Chand Lohia |
500 |
|
61 |
Dhiraj Sinha |
500 |
|
62 |
Dhiresh Dhar |
500 |
|
63 |
Dilip Kumar Agarwal |
500 |
|
64 |
Dilip Kumar Bakshi |
500 |
|
65 |
Dilip Kumar Burman |
500 |
|
66 |
Dilip Kumar Basak |
500 |
|
67 |
Dilip Kumar Das |
500 |
|
68 |
Dilip Kumar Maitra |
500 |
|
69 |
Dinesh Kumar Bansal |
500 |
|
70 |
Dinesh Kumar Rungta |
500 |
|
71 |
Dipak Doshi |
500 |
|
72 |
Dipak Patel |
500 |
|
73 |
Dipankar Pal |
500 |
|
74 |
Divya Kumar Acharya |
500 |
|
75 |
Dulichand Gupta |
500 |
|
76 |
Dwarka Prasad Bajaj |
500 |
|
77 |
G P Tewari |
500 |
|
78 |
Ganesh Chand Dey |
500 |
|
79 |
Gautam Acharya |
500 |
|
80 |
Gautam Banka |
500 |
|
81 |
Gautam Dutt |
500 |
|
82 |
Gopal Chandra Acharya |
500 |
|
83 |
Gopal Das Bagri |
500 |
|
84 |
Gopal Prasad Shaw |
500 |
|
85 |
Gopal Prasad Verma |
500 |
|
86 |
Hanuman Mal Banthia |
500 |
|
87 |
Hari Pada Deb |
500 |
|
88 |
Hari Pada Dey |
500 |
|
89 |
Harish Kumar Bagla |
500 |
|
90 |
Hemant Jain |
875000 |
|
91 |
Hemraj Begwani |
500 |
|
92 |
Hiralal Banka |
500 |
|
93 |
Hiran Pal |
500 |
|
94 |
Hulash Chand Rakhecha |
500 |
|
95 |
Indrajit Nandi |
500 |
|
96 |
Jaswant Singh |
500 |
|
97 |
Jatan Kumar Baid |
500 |
|
98 |
Jayanta Dutta |
500 |
|
99 |
Joydip Dutta |
500 |
|
100 |
Kailash Chand Jain |
500 |
|
101 |
Kalyan Kumar Ganguly |
500 |
|
102 |
Kamal Begwani |
500 |
|
103 |
Kamal Rajgarhia |
500 |
|
104 |
Kamal Sethia |
500 |
|
105 |
Kamal Jain |
875000 |
|
106 |
Kanai Lal Rakshit |
500 |
|
107 |
Kanak Roy |
500 |
|
108 |
Kanhaiya Lal Jain |
650000 |
|
109 |
Kanti Chand Tewari |
500 |
|
110 |
Karson Patel |
500 |
|
111 |
Kashi Nath Shukla |
500 |
|
112 |
Keshav Kumar Agarwal |
500 |
|
113 |
Kishori Mohan Banerjee |
500 |
|
114 |
Lalit Kumar Dhanuka |
500 |
|
115 |
M S Baig |
500 |
|
116 |
Madan Lal Saraf |
500 |
|
117 |
Mahabir Singh |
500 |
|
118 |
Mahavir Prasad Poddar |
500 |
|
119 |
Mahendra Kumar Dugar |
500 |
|
120 |
Mahesh Bagri |
500 |
|
121 |
Mamta Bhadani |
500 |
|
122 |
Manas Dutta |
500 |
|
123 |
Manik Chand Bagri |
500 |
|
124 |
Manikchand Basak |
500 |
|
125 |
Maniklal Bhaiya |
500 |
|
126 |
Manish Dhar |
500 |
|
127 |
Mannalal Bajaj |
500 |
|
128 |
Manoj Agarwal |
500 |
|
129 |
Manoj Maitra |
500 |
|
130 |
Manoj Kanti Deb |
500 |
|
131 |
Manoj Kumar Modi |
500 |
|
132 |
Manoj Kumar Saha |
500 |
|
133 |
Mohan Auddy |
500 |
|
134 |
Mohanlal Dugar |
500 |
|
135 |
Moni Mukherjee |
500 |
|
136 |
Motilal Baid |
500 |
|
137 |
Mridul Barua |
500 |
|
138 |
Mrinal Bhadra |
500 |
|
139 |
Mukesh Bansal |
500 |
|
140 |
N Govind Rao |
500 |
|
141 |
N R Ganguly |
500 |
|
142 |
Narayan Das Bajoria |
500 |
|
143 |
Narindra Kumar Bakshi |
500 |
|
144 |
Nathmal Lohia |
500 |
|
145 |
Nikhil Modi |
500 |
|
146 |
Nirmal Kumar Bhaiya |
500 |
|
147 |
Om Prakash Poddar |
500 |
|
148 |
Pannalal Dhanuka |
500 |
|
149 |
Paras Kumar Surana |
500 |
|
150 |
Paras Mal Kothari |
500 |
|
151 |
Pijush Mukherjee |
500 |
|
152 |
Pioneer Infra-Constructions(P) Limited, New Delhi,
India |
500000 |
|
153 |
Prabir Kumar Saha |
500 |
|
154 |
Pradeep Hirawat |
500 |
|
155 |
Pradip Kumar Sinha |
500 |
|
156 |
Prakash Nahata |
500 |
|
157 |
Prakash Sethia |
500 |
|
158 |
Prakash Kumar Dugar |
500 |
|
159 |
Prakash
Kumar Maheshwari |
500 |
|
160 |
Pramid Dayal Rungta |
500 |
|
161 |
Pramod Kumar Bajpai |
500 |
|
162 |
Pratap N Rao |
500 |
|
163 |
Prem Prakash Sharma |
500 |
|
164 |
Priyabrata Deb |
500 |
|
165 |
Punam Chand Rathi |
500 |
|
166 |
Pushp Jain |
875000 |
|
167 |
R N Das |
500 |
|
168 |
R.B. Jalan |
500 |
|
169 |
Rabin Sarkar |
500 |
|
170 |
Raj Kumar Baid |
500 |
|
171 |
Raj Kumar Gupta |
500 |
|
172 |
Raj Kumar Jain |
500 |
|
173 |
Rajat Baid |
500 |
|
174 |
Rajat Kumar Bhadra |
500 |
|
175 |
Rajesh Kapoor |
500 |
|
176 |
Rajesh Kumar Saraf |
500 |
|
177 |
Rajkumar Burman |
500 |
|
178 |
Rajnish Soni |
500 |
|
179 |
Rakesh Kumar Jaiswal |
500 |
|
180 |
Ram Dayal Sharma |
500 |
|
181 |
Ram Gopal Sadani |
500 |
|
182 |
Ram Niranjan Banka |
500 |
|
183 |
Ramala Basak |
500 |
|
184 |
Ramavtar
Yadav |
500 |
|
185 |
Ranjit Dhar |
500 |
|
186 |
Ranjit
Kumar Sen |
500 |
|
187 |
Ranjit
Singh Banthia |
500 |
|
188 |
Ranjita
Banik |
500 |
|
189 |
Ratan
Kothari |
500 |
|
190 |
Rohtas
Kumar Bansal |
500 |
|
191 |
S M Nahata |
500 |
|
192 |
S.K.
Acharya |
500 |
|
193 |
Sajjan
Kumar Jalan |
500 |
|
194 |
Samatram
Bhadani |
500 |
|
195 |
Samir Auddy |
500 |
|
196 |
Samir
Bhadra |
500 |
|
197 |
Sampatlal
Jain |
500 |
|
198 |
Sandip
Bagchi |
500 |
|
199 |
Sanjay
Bhandari |
500 |
|
200 |
Sanjay
Kumar Agarwal |
500 |
|
201 |
Sanjoy
Dugar |
500 |
|
202 |
Santosh
Kumar Bhadra |
500 |
|
203 |
Santosh
Kumar Kajaria |
500 |
|
204 |
Santosh Kumar Maheshwari |
500 |
|
205 |
Santosh
Kumar Sarkar |
500 |
|
206 |
Sarala Baid |
500 |
|
207 |
Sarala
Bhaiya |
500 |
|
208 |
Sasti
Ranjan Rakshit |
500 |
|
209 |
Satish
Batra |
500 |
|
210 |
Satish
Lakhotia |
500 |
|
211 |
Satyajit
Banik |
500 |
|
212 |
Sekhar
Kumar Sen |
500 |
|
213 |
Shashi
Narayan Bajpai |
500 |
|
214 |
Shiw Kumar
Gupta |
500 |
|
215 |
Shreyans
Kumar Dugar |
500 |
|
216 |
Shyam Barua |
500 |
|
217 |
Shyam Lal
Bajaj |
500 |
|
218 |
Siddhartha
Bajoria |
500 |
|
219 |
Smt.
Sushila Jain |
450000 |
|
220 |
Somenath
Sur |
500 |
|
221 |
Somnath
Sarkar |
500 |
|
222 |
Sridam
Chand Poddar |
500 |
|
223 |
Subir
Chandra Bagchi |
500 |
|
224 |
Sukumar Roy |
500 |
|
225 |
Suman
Begwani |
500 |
|
226 |
Sunil Kundu |
500 |
|
227 |
Sunil
Shukla |
500 |
|
228 |
Sunil Kumar
Ranka |
500 |
|
229 |
Supreme e-Solutions (P) Limited, New Delhi, India |
350000 |
|
230 |
Surendra
Banthia |
500 |
|
231 |
Surendra
Kumar Sethia |
500 |
|
232 |
Suresh
Kumar Bansal |
500 |
|
233 |
Suresh
Kumar Bendani |
500 |
|
234 |
Suresh Kumar
Lakhotia |
500 |
|
235 |
Sushil
Surekha |
500 |
|
236 |
Sushil
Kumar Kajaria |
500 |
|
237 |
Swapan
Kumar Sadhu |
500 |
|
238 |
Tapan Barua |
500 |
|
239 |
Tapan Kanti
Rakshit |
500 |
|
240 |
Tapan Kumar
Dey |
500 |
|
241 |
Tapas
Bagchi |
500 |
|
242 |
Tarun Batra |
500 |
|
243 |
Tarun Kumar
Doshi |
500 |
|
244 |
Times
Technosoft (P) Limited, New Delhi, India
|
300000 |
|
245 |
Tulsi Ram
Rajgarhia |
500 |
|
246 |
Tushar
Kanthi Pal |
500 |
|
247 |
Udai Chand
Rakhecha |
500 |
|
248 |
Uma Charan
Bajpai |
500 |
|
249 |
Umesh
Rungta |
500 |
|
250 |
Ummed Singh
Baid |
500 |
|
251 |
Vijay
Pincha |
500 |
|
252 |
Vijay Kumar
Doshi |
500 |
|
253 |
Vijay Singh
Bhandari |
500 |
|
254 |
Vijay Singh
Kothari |
500 |
|
255 |
Vinod
Choraria |
500 |
|
256 |
Vinod
Kapoor |
500 |
|
257 |
Vishal
Bhandari |
500 |
|
258 |
Vishnu
Kumar Bagla |
500 |
|
|
TOTAL |
5000000 |
|
Names of Preference Shareholders |
No. of Shares |
|
Bhadanifinancers Private
Limited, Kolkata, West Bengal, India |
800000 |
|
TOTAL |
800000 |
AS ON 30.09.2010
|
Equity Share
Breakup |
|
Percentage of
Holding |
|
Category |
|
|
|
Bodies corporate |
|
23.00 |
|
Directors or relatives of directors |
|
74.50 |
|
Other |
|
2.50 |
|
|
Total
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Chemicals |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
·
State Bank of India, Commercial Branch, A – 5
South Extension, Part I, New Delhi 110048, India ·
Punjab National Bank,
Large Corporate Branch, 15-17, Tolstoy Marg, New Delhi – 110 001, India ·
HDFC Bank, G-3-4,
K. G. Marg, New Delhi-110 001, India ·
State Bank of
India, B- 2, C, Block Community Centre, Naraina Vihar, New Delhi – 110 028,
India |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
Rs. In Millions
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
R Pugalia and Company Chartered Accountant |
|
Address : |
20E, Lake Road, Kolkata 700029, West Bengal, India |
|
|
|
|
Associates/Subsidiaries : |
Nil |
CAPITAL STRUCTURE
AS ON 30.09.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs. 10 each |
Rs. 50.000 millions |
|
|
|
|
|
|
800000 |
Preference Shares |
Rs. 250 each |
Rs. 200.000 millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs. 10 each |
Rs.50.000 millions |
|
|
|
|
|
|
800000 |
Preference Shares |
Rs. 250 each |
Rs.200.000 millions |
|
|
|
|
Rs. 250.000
millions |
Note:
Of the above shares 4000000 equity shares Alloted
as Bonus Shares by Capitalisation of Profit.
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
250.000 |
50.000 |
10.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
318.766 |
108.049 |
123.394 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
568.766 |
158.049 |
133.394 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
237.928 |
0.000 |
0.827 |
|
|
2] Unsecured Loans |
60.355 |
189.031 |
135.118 |
|
|
TOTAL BORROWING |
298.283 |
189.031 |
135.945 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
867.049 |
347.080 |
269.339 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
44.403 |
46.329 |
37.822 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
7.037 |
12.219 |
10.893 |
|
|
DEFERREX TAX ASSETS |
2.740 |
1.658 |
1.044 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
1383.690
|
532.963 |
456.526 |
|
|
Sundry Debtors |
403.327
|
279.689 |
157.214 |
|
|
Cash & Bank Balances |
146.995
|
89.758 |
120.203 |
|
|
Other Current Assets |
0.000 |
0.000 |
0.000 |
|
|
Loans & Advances |
245.480
|
112.219 |
70.924 |
|
Total
Current Assets |
2179.492
|
1014.629 |
804.867 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
396.945
|
405.475 |
|
|
|
Other Current Liabilities |
808.648
|
269.162 |
543.334 |
|
|
Provisions |
161.030
|
53.118 |
41.953 |
|
Total
Current Liabilities |
1366.623
|
727.755 |
585.287 |
|
|
Net Current Assets |
812.869
|
286.874 |
219.580 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
867.049 |
347.080 |
269.339 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
3574.656 |
2014.963 |
1261.894 |
|
|
|
Other Income |
15.950 |
19.993 |
15.009 |
|
|
|
TOTAL (A) |
3590.606 |
2034.956 |
1276.903 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases |
3945.256 |
1842.497 |
1372.593 |
|
|
|
Purchases Expenses |
9.361 |
183.057 |
4.054 |
|
|
|
Increase/(Decrease) in Finished Goods |
(850.726) |
(76.436) |
(227.862) |
|
|
|
Administrative Expenses |
127.786 |
16.762 |
7.627 |
|
|
|
TOTAL (B) |
3231.677 |
1965.880 |
1156.412 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
358.929 |
69.076 |
120.491 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
30.862 |
28.361 |
18.918 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
328.067 |
40.715 |
101.573 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
4.603 |
4.047 |
2.381 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
323.464 |
36.668 |
99.192 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
112.748 |
12.013 |
34.093 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
210.716 |
24.655 |
65.099 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
145.370 |
51.678 |
NA |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
3328.675 |
1842.703 |
NA |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
42.14 |
4.93 |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
5.86
|
1.21 |
5.09 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
9.04
|
1.81 |
7.86 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
14.54
|
3.45 |
11.77 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.56
|
0.23 |
0.74 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
2.92
|
5.80 |
5.40 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.59
|
1.39 |
1.37 |
LOCAL AGENCY FURTHER INFORMATION
REVIEW OF
OPERATIONS
The Company’s financial results show favorable trends of operations of
the Company. Sales of the Company increased by 77.40% from Rs. 2015.000
millions in 2008-09 to Rs.3574.700 millions in 2009-10. The Directors are
continuously striving to bring best value to the investments.
MANAGEMENT
DISCUSSION AND ANALYSIS
OVERVIEW
The financial statements are prepared in compliance with the requirements
of the Companies Act, 1956. There are no material departures from the
prescribed Accounting Standards and in the adoption of the Accounting
Standards. The management of KLJ Resources Limited accepts responsibility for
the integrity and objectivity of these financial statements.
REVIEW OF
OPERATIONS:
The overall performance during the year 2009-10 has been very
satisfactory considering the yet prevailing slump down in global economy.
Although the global economic conditions were not as worse as those were during
F.Y.2008-09 but improvement rate in the world-market remained on the moderate
side of progress. Performance of Indian rupee against dollar has improved
significantly in the year 2009- 2010. The rupee has shown tremendous strength
against the US$ as the rupee US$ exchange rate appreciated to Rs. 46.64 per
dollar on January 1, 2010, which was Rs. 50.95 per dollar in end-March 2009.
Overall, the rupee has appreciated by 9.2 per cent over its March 31, 2009
level, according to Economic Survey 2009-10. The main reasons behind the
appreciation of rupee against dollar is significant change in FII inflows,
continued inflows under FDI and NRI deposits, better economic performance of
the Indian economy and weakening of the US$ in international markets which has
facilitated the appreciation of rupee. As the Company is a trading concern and
imports play a major role in its operations, therefore any appreciation in
Domestic Currency plays a beneficial role in the profit improvement. During the
year, the Company recorded Foreign Exchange Earnings to tune of Rs.145.800
millions that is approx. three times than previous year Foreign Exchange
Earnings.
The global economic environment continues to remain uncertain, although
the rate of contraction in economic activities and the extent of pressures on
financial systems eased in the first quarter of 2009-10. Nascent and sporadic
signs of improvements in the global conditions do not suggest any clear trend,
and as a result, the uncertainty on the timing and pace of global recovery
persists. Despite of these hardships the Company ‘KLJ Resources Limited’ earned
a net profit of Rs.323.500 millions that is almost ten times the net profit
earned during last F.Y.2008-09.
FIXED ASSETS:
·
Land
·
Computer
·
Air Conditioner
·
Buildings
·
Vehicles
·
Office Equipments
FORM 8
|
Corporate
identity number of the company |
L67120WB1986PLC041487 |
|
Name of the
company |
KLJ RESOURCES LIMITED |
|
Address of the
registered office or of the principal place of business in |
8 Cammac Street, Kolkata 700017, West Bengal, India |
|
This form is for |
Modification of
charge |
|
Type of charge |
Book debts Movable property
(not being pledge) Floating charge Others |
|
Particular of
charge holder |
State Bank of India, Commercial Branch, A – 5 South Extension, Part I,
New Delhi 110048, India Email: chaman.tanwar@sbi.co.in |
|
Nature of
instrument creating charge |
Supplemental Agreement
of Hypothecation of Goods and Assets for increase in the overall Limit Letter regarding
the Grant of Individual Limits within the overall limit. |
|
Date of
instrument Creating the charge |
30.05.2011 |
|
Amount secured by
the charge |
Rs. 2120.000
millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest C/C(Stocks and
Book-debts) :-BR+4.50% presently effective @13.75% p.a or other rate(s) specified
by the bank from time to time and interest will be charge on monthly rest . Terms of repayment Working capital
:- On demand Margin FINISHED STOCKS
-25% LC-USANCE -180
DAYS UP TO RS.60
CRORE-10% BEYOND RS.60.00
CRORE -5% RECEIVABLES -30%(
COVER PERIOD -120 DAYS ) Extent and operation of the charge First Pari-passu
charge on entire current assets with all banks in MBA |
|
Short particulars
of the property charged (Including location of the property) |
First Pari-passu charge
on entire current assets with all Banks in MBA , including stocks in
trade,stocks in transit ,Book Debts and receivables of the company both
present and future . |
|
Particulars of
the present modification |
Total credit
facilities now enhanced to Rs.2120.000 millions as under :- Cash credit (
Stocks and Book-debts ) of Rs.350.000 millions LC/Buyers credit
of Rs.1750.000 millions Bank Guarantee of
Rs.(50.000) millions Forward Contract
of Rs.20.000 millions Total Rs.
2120.000 millions One way full
interchangeability from CC to LC |
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.50.08 |
|
|
1 |
Rs.80.36 |
|
Euro |
1 |
Rs.68.83 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
YES |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
48 |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
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.