MIRA
INFORM REPORT
|
Report Date : |
05.10.2011 |
IDENTIFICATION DETAILS
|
Name : |
APOLLO MANUFACTURING AND SUPPLY PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
1/1, Lalwani Estate, Maharshinagar Corner, Behind Dena Bank,
Pune-411037, Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
03.10.2000 |
|
|
|
|
Com. Reg. No.: |
11-015374 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 0.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29305PN2000PTC015374 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader of Electronic Parts. |
|
|
|
|
No. of Employees
: |
10 (Approximately) |
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 : |
No Business Activity |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
-- |
|
|
|
|
Comments : |
As per available details there was no business activity in the company
since 2008. Payments are unknown. 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. Ravi |
|
Designation : |
Marketing Department |
|
Date : |
03.10.2011 |
LOCATIONS
|
Registered Office : |
1/1, Lalwani Estate, Maharshinagar Corner, Behind Dena Bank,
Pune-411037, Maharashtra, India |
|
Tel. No.: |
91-241-2451123 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Location : |
Owned |
|
|
|
|
Branch Office: |
Gangapur Gin Compound, Station Road, Ahmednagar, Maharashtra, India |
|
Tel No.: |
91-241-2451123 |
DIRECTORS
AS ON 28.09.2010
|
Name : |
Mr. Suresh Rambhau Salunke |
|
Designation : |
Director |
|
Address : |
At Khadki, Post Khandala, Ahmednagar, 414001, Maharashtra, India |
|
Date of Birth/Age : |
01.06.1968 |
|
Date of Appointment : |
03.10.2000 |
|
DIN No.: |
01130097 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U29305PN2000PTC015374 |
Apollo
Manufacturing And Supply Private Limited |
Director |
03-10-00 |
03-10-00 |
Active |
NO |
|
2 |
U29300PN2002PTC017098 |
Mark
Kitchen Accessories (India) Private Limited |
Director |
28-06-02 |
28-06-02 |
Active |
NO |
|
3 |
U29301PN2002PTC017128 |
Suyog
Accessories And Home Appliances (India) Private Limited |
Director |
05-07-02 |
05-07-02 |
Active |
YES |
|
Name : |
Mr. Ramarajan Narayan Pillai |
|
Designation : |
Director |
|
Address : |
Flat No.2, Anand Villa-32, Behind Renavikar School, Savdi,
Ahmednagar-414003, Maharashtra, India |
|
Date of Birth/Age : |
05.10.1955 |
|
Date of Appointment : |
03.10.2000 |
|
DIN No.: |
01235176 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U29305PN2000PTC015374 |
Apollo
Manufacturing And Supply Private Limited |
Director |
03-10-00 |
03-10-00 |
Active |
NO |
|
2 |
U70102MH1994PTC187885 |
Malone
Properties And Investments Private Limited |
Director |
30-08-02 |
30-08-02 |
Active |
NO |
|
Name : |
Mr. Namdeo Chhaburao Tupe |
|
Designation : |
Director |
|
Address : |
Plot No.2, Dharmadhikari Wada, Sarvodaya Colony, Delhi Gate,
Ahmednagar-414001, Maharashtra, India |
|
Date of Birth/Age : |
31.12.1962 |
|
Date of Appointment : |
30.04.2003 |
|
DIN No.: |
00309075 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U29300PN2002PTC017098 |
Mark
Kitchen Accessories (India) Private Limited |
Director |
28-06-02 |
28-06-02 |
Active |
NO |
|
2 |
U29301PN2002PTC017097 |
Govardhan
Home Appliances Private Limited |
Director |
28-06-02 |
28-06-02 |
Active |
NO |
|
3 |
U29301PN2002PTC017126 |
Sadanand
Home Appliances Private Limited |
Director |
05-07-02 |
05-07-02 |
Active |
|
|
4 |
U31900MH2002PTC136590 |
Saptshringi
Appliances Private Limited |
Director |
24-07-02 |
24-07-02 |
Active |
|
|
5 |
U29300MH2002PTC136657 |
Suryaprakash
Kitchen Electronics Appliances Private Limited |
Director |
30-07-02 |
30-07-02 |
Active |
|
|
6 |
U72101MH1994PTC167830 |
Diamante
Properties And Investments Private Limited |
Director |
30-08-02 |
30-08-02 |
Amalgamated |
NO |
|
7 |
U27100MH1974PTC017927 |
Arihant
Metals And Alloy Private Limited |
Director |
30-08-02 |
30-08-02 |
Active |
NO |
|
8 |
U29305PN2000PTC015374 |
Apollo
Manufacturing And Supply Private Limited |
Director |
30-04-03 |
30-04-03 |
Active |
NO |
|
9 |
L74899DL1994PLC057009 |
South
Pole Securities Limited |
Additional
director |
08-06-11 |
08-06-11 |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Ravi |
|
Designation : |
Marketing Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 28.09.2010
|
Names of Shareholders |
No. of Shares |
|
Suresh Rambhau Salunke |
3500 |
|
Ramarajan Narayan Pillai |
3500 |
|
Namdeo Chhaburao Tupe |
3000 |
|
Total |
10000 |
AS ON 28.09.2010
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Electronics Parts. |
GENERAL INFORMATION
|
No. of Employees : |
10 (Approximately) |
|
|
|
|
Bankers : |
·
Dombivali Nagari Sahakari Bank Limited |
|
|
|
|
Banking
Relations : |
-- |
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|
|
|
Auditors : |
|
|
Name : |
S P Desai and Company Chartered Accountant |
|
Address : |
F 110, Building No.3, Sardar Nagar No.1, Sion Koliwada, Mumbai-400022,
Maharashtra, India |
|
PAN No.: |
AAAPD4259L |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Shares |
Rs.10/- each |
Rs. 1.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100
Million |
|
|
|
|
|
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 |
0.100 |
0.100 |
0.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
(0.576) |
(0.549) |
(0.498) |
|
|
NETWORTH |
(0.476) |
(0.449) |
(0.398) |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
0.000 |
0.000 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
(0.476) |
(0.449) |
(0.398) |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.001 |
0.003 |
0.006 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.153 |
0.009 |
0.009 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
0.000
|
0.000 |
0.000 |
|
|
Cash & Bank Balances |
0.222
|
0.421 |
0.966 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
0.000
|
0.000 |
0.000 |
|
Total
Current Assets |
0.222
|
0.421 |
0.966 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.000
|
0.000 |
0.000 |
|
|
Other Current Liabilities |
0.852
|
0.882 |
1.378 |
|
|
Provisions |
0.000
|
0.000 |
0.001 |
|
Total
Current Liabilities |
0.852
|
0.882 |
1.379 |
|
|
Net Current Assets |
(0.630)
|
(0.461) |
(0.413) |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
(0.476) |
(0.449) |
(0.398) |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
||
|
|
SALES |
|
|
|
||
|
|
|
Income |
|
0.000 |
|
|
|
|
|
Other Income |
|
|
|
|
|
|
|
TOTAL |
0.000 |
0.000 |
0.770 |
|
|
|
|
|
|
|
||
|
Less |
EXPENSES |
|
|
|
||
|
|
|
Office Expenses |
|
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
|
Financial Expenses |
0.027 |
0.051 |
0.761 |
|
|
|
|
Depreciation |
|
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
|
TOTAL |
0.027 |
0.051 |
0.761 |
|
|
|
|
|
|
|
||
|
|
PROFIT / (LOSS)
BEFORE TAX |
(0.027) |
(0.051) |
0.009 |
||
|
|
|
|
|
|
||
|
Less |
TAX |
0.000 |
0.000 |
0.001 |
||
|
|
|
|
|
|
||
|
|
PROFIT / (LOSS)
AFTER TAX |
(0.027) |
(0.051) |
0.008 |
||
|
|
|
|
|
|
||
|
|
Earnings Per
Share (Rs.) |
(2.69) |
(5.10) |
0.79 |
||
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
0.00
|
0.00 |
1.04 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
(12.11)
|
(12.03) |
0.01 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.06
|
0.11 |
(0.02) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
(1.79)
|
(1.96) |
(3.46) |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.26
|
0.48 |
0.70 |
LOCAL AGENCY FURTHER INFORMATION
|
Check List by Info Agents |
Available in Report (Yes / No) |
|
1. Year of Establishment |
Yes |
|
2. Locality of the firm |
Yes |
|
3. Constructions of the firm |
No |
|
4. Premises details |
No |
|
5. Type of Business |
Yes |
|
6. Line of Business |
Yes |
|
7. Promoter’s background |
----- |
|
8. No. of Employees |
Yes |
|
9. Name of person contacted |
Yes |
|
10. Designation of contact person |
Yes |
|
11. Turnover of firm for last three years |
No |
|
12. Profitability for last three years |
No |
|
13. Reasons for variation <> 20% |
No |
|
14. Estimation for coming financial year |
No |
|
15. Capital in the business |
Yes |
|
16. Details of sister concerns |
----- |
|
17. Major suppliers |
No |
|
18. Major customers |
Yes |
|
19. Payments terms |
Yes |
|
20. Export / Import details |
----- |
|
21. Market information |
----- |
|
22. Litigations that the firm / promoter involved |
----- |
|
23. Banking Details |
Yes |
|
24. Banking facility details |
No |
|
25. Conduct of the banking account |
----- |
|
26. Buyer visit details |
----- |
|
27. Financials, if provided |
No |
|
28. Incorporation details, if applicable |
----- |
|
29. Last accounts filed at ROC |
----- |
|
30. Major Shareholders, if available |
----- |
FINANCIAL RESULTS AND OPERATIONS
During the year,
the company has not undertaken any business activity. The loss for the current
year amounted to Rs. 0.027 million as against a loss of Rs. 0.051 million for
the previous year.
The directors are exploring various
opportunities to undertake some business activity in the coming year.
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. 49.22 |
|
|
1 |
Rs. 76.06 |
|
Euro |
1 |
Rs. 65.06 |
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.