MIRA
INFORM REPORT
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Report Date : |
08.09.2011 |
IDENTIFICATION DETAILS
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Name : |
TECHNOLOGY AND GADGETS |
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Registered Office : |
10/11, |
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Country : |
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Year of Establishment : |
March 2007 |
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Legal Form : |
Sole Proprietory Concern |
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Line of Business : |
Distributor and Importer of VGA Cards. |
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No. of Employees: |
20 (Approximately) |
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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Maximum Credit Limit : |
-- |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a proprietory concern having moderate track records. The proprietor
Mr. Vikas Gupta denied to disclose any information about the concern.
However, Business is active. Payment terms are Unknown. Initially, the concern can be considered 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.
INFORMATION DENIED BY
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Name : |
Mr. Vikas |
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Designation : |
Proprietor |
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Date : |
06.09.2011 |
LOCATIONS
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Registered Office : |
10/11, |
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Tel. No.: |
91-22-23823331 |
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Fax No.: |
91-22-23823330 |
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E-Mail : |
vikas@technologyandgadgets.com
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Website : |
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Location : |
Rented |
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Head Office : |
17/17 – A, Abbas Building, ‘A’ Wing, Ground Floor, Opposite Railway Bakery,
Jalbhi Street, Grant Road (East), Mumbai – 400004, Maharashtra, India |
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Tel. No.: |
91-22-23823331/23822332 |
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Fax No.: |
91-22-23823330 |
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Branch Office : |
Tel. No.: 91-80-41713717 Mobile No.: 91-9341053100 (Mr. Bhushan
Singla) E-mail.: bangalore@technologyandgadgets.com
Chennai Mahavir Complex, Building No. 26A, 2nd Floor, Shop No. 1/2/3, Meeran Saheb Street, Mount Road, Chennai - 600 002, Tamilnadu, India Tel. No.: 91-44-42324216/42324217 Mobile No.: 91-9380303100 (Mr. Salim Lalani) E-mail.: chennai@technologyandgadgets.com
311, Deepali Building 92, Nehru Palace, New
Delhi – 110019, India Tel. No.: 91-11-41395576 Mobile No.: 91-9654059959 (Mr. Yogesh Jain) 91-9350741160 (Mr. Vikas
Jain) E-mail.: delhi@technologyandgadgets.com
Secundrabad 161 and 162, 1st Floor, ‘C’
Block, Chenoy Trade Centre, Contact Person: Mr. Sandeepo Kumar and Mr. Mohd. Rafiq Tel. No.: 91-40-66382221/66901166 Mobile No.: 91-9848052085 (Mr. Jayant Jain) 91-9246352400
(Mr. Amit Jain) E-mail.: jayant@technologyandgadgets.com
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PROPRIETOR
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Name : |
Mr. Vikas Gupta |
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Designation : |
Proprietor |
KEY EXECUTIVES
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Name : |
Ms. Pallavi |
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Designation : |
Accountant |
BUSINESS DETAILS
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Line of Business : |
Distributor and Importer of VGA Cards. |
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Products : |
Blue Tooth v
Interactive user v
Interface Compatible with all v
Bluetooth enabled devices v
Easy to carry v
Fast Data Transfer between and PC Card Readers v
Slides
into v
All in
one Card Reader v
connect
to USB on main Board v
Easy
to install and use v
Front
Panel USB Connector Provided Casings v
Support
for both sata and pata casing v
USB
1.1 / 2.0 Compliant v
Hi-Speed
v
Support
Upto 500 GB Hard Disk v
For
Desktop Hard Disk Drives Mouse v
Resolution
:- 800 dpi v
Interface
:- USB v
Plug
and Play v
3D
Design Optical v
Switch
beating times :- 1 million PCI Based Cards v
PCI
Specification Revision 2.1 compliant v
SPP,
PS2, EPP, ECP compatible IEEE 1284 printer port v
Fast
data rates up to 1.5 Mbytes/sec v
Built
in 16 Byte FIFO v
DB25
parallel port connector x 1 Web Cameras v
Models:
6651, 2238, 6701 v
5 Mega
Pixels v
VGA
1280*960/ 640*480 optional Video resolution v
VGA
Max. frame rate 30 fps v
Lens f
3.6 mm, F2.8 Cabinets v
Premium
Series v
Delux
Range v
Pearl
Black / Silver v
Diamond,
Head Phones v
Premium
Series v
Delux
Range v
Pearl
Black / Silver v
Diamond,
Laptop Adapter v
Universal
AC adapter with 8 DC connectors v
lightweight
and portable design v
120W
Power Supply with power cord v
Overload
protection is built in |
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Imports : |
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Products : |
v
VGA Cards |
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Countries : |
v
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
L/C, Cash and Credit |
GENERAL INFORMATION
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Customers : |
Retailers |
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No. of Employees : |
20 (Approximately) |
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Bankers : |
Oriental Bank of Commerce, Lamington Road Branch, Mumbai – 400008,
Maharashtra, India |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
J V Mehta and Company Chartered Accountant |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
NOT DIVULGED
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT DIVULGED
LOCAL AGENCY FURTHER INFORMATION
NOT AVAILABLE
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] 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. 46.02 |
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1 |
Rs. 73.60 |
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Euro |
1 |
Rs. 64.77 |
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.