MIRA
INFORM REPORT
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Report Date : |
09.09.2011 |
IDENTIFICATION DETAILS
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Name : |
ABC CONSULTANTS |
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Registered
Office : |
301 Shubham Building, 1
Rawdon Street, Kolkata - 700 017, West Bengal |
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Country : |
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Year of
Establishment : |
1969 |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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Legal Form : |
Not Divulged |
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Line of Business
: |
Not Divulged |
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No. of Employees
: |
Providing Recruitment Services. |
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 : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
The management denied to disclose any information about the subject
concern. Therefore, the report is based on indirect sources of information.
Payment terms are unknown. Initially, subject can be considered for business dealings at usual
trade terms an 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 |
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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 |
INFORMATION DENIED BY
|
Name : |
Mr. Brijesh Sharma |
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Designation : |
Deputy Manager Finance |
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Date : |
07.09.2011 |
LOCATIONS
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Registered Office : |
301 Shubham Building, 1 Rawdon Street, Kolkata - 700 017,
West Bengal, India |
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Tel. No.: |
91-33-2283 1616 / 1792 / 1793 |
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E-Mail : |
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Website : |
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Corporate Office : |
1515 Hemkunt Tower, 98
Nehru Place, New Delhi - 110 019, Delhi, India |
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Tel. No.: |
91-11-4239 3900 |
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E-Mail : |
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Branches : |
Bengaluru Chennai Dubai Hyderabad Kolkata Mumbai New Delhi Pune |
MANAGEMENT
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Name : |
Dr. B P Agarwal |
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Designation : |
Consultant and Chairman |
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Address : |
Kolkata |
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Name : |
Mr. Ajay Sood |
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Designation : |
Director |
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Address : |
New Delhi |
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Name : |
Mr. Deepak Rathi |
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Designation : |
Executive Director |
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Address : |
New Delhi |
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Name : |
Mr. Rahul Shah |
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Designation : |
Executive Director |
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Address : |
New Delhi |
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Name : |
Mr. Siddarth Raisurana |
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Designation : |
Executive Director |
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Address : |
Mumbai |
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Name : |
Mr. Anish Khanna |
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Designation : |
Associate Director – Marketing Business Development |
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Address : |
New Delhi |
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Name : |
Ms. Harpreet Datta |
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Designation : |
Chief People Office |
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Address : |
New Delhi |
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Name : |
Mr. Shiv Agarwal |
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Designation : |
CEO |
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Address : |
New Delhi |
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Name : |
Mr. Surojit Chattoraj |
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Designation : |
Director |
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Address : |
New Delhi |
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Name : |
Mr. pinaki Bagchi |
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Designation : |
Executive Director |
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Address : |
New Delhi |
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Name : |
Ms. Ratna Gupta |
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Designation : |
Executive Director |
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Address : |
New Delhi |
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Name : |
Mr. V Sriram |
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Designation : |
Executive Director |
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Address : |
Chennai |
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Name : |
Mr. Atul Luthra |
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Designation : |
Chief Information Officer |
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Address : |
New Delhi |
BUSINESS DETAILS
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Line of Business : |
Providing Recruitment Services. |
GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
Not Divulged |
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Facilities : |
-- |
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Banking
Relations : |
-- |
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Associates/Subsidiaries : |
NA |
CAPITAL STRUCTURE
NOT DIVULGED
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT DIVULGED
LOCAL AGENCY FURTHER INFORMATION
COMPANY PROFILE (WEB
SITE DETAILS)
Founded in 1969 by Dr. Bish Agrawal, Subject is the pioneer
of organised recruitment services in India. Over the years, they have acted as preferred
recruitment partners to multinationals and leading Indian businesses to emerge
as the leading recruitment brand nationally. This combined with their role as
trusted consultants for Indian professionals translates into their core
capability - Building Careers, Building Organisations.
Subject roots in management consulting enable them to bring
a unique approach to recruitment. Their focus has always been on middle and
senior management talent needs. They recruit across various industry segments
for multinational corporations as well as leading Indian business houses and in
the past 42 years, they have helped shape the careers of over 115,000
professionals.
The organisation network includes offices spread across 7
major Indian cities and an international presence in Dubai. They have over 350
consultants who bring with them over 2100 man years of experience with leading
Indian and international companies. The operate through domain-specialist teams
spread across the country, providing customized recruitment solutions across 16
industry verticals.
Subject is proud of its long standing relationships in the
industry and the fact that 75% of its revenue comes from its existing clients,
which is a testimonial of happy clients.
CLIENT TESTIMONIALS
·
Leena Nair | Executive Director – HR, HUL
·
Heather Gupta | Group VP- HR, UTV
· Eugen Welte | CEO and Director, Airbus Engineering Centre India
·
Ashutosh
Telang | Executive Vice
President & Head – HR, Marico Limited
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.46.17 |
|
|
1 |
Rs.73.64 |
|
Euro |
1 |
Rs.64.95 |
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 |
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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 |
|
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.