MIRA
INFORM REPORT
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Report Date : |
12.09.2011 |
IDENTIFICATION DETAILS
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Name : |
DILLINGER INDIA STEEL SERVICE CENTER PRIVATE LIMITED |
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Registered
Office : |
606 Maithili Signet Plot No. 39/4, Sector 30A, Near Vashi Railway
Station, Vashi, Navi Mumbai – 400705, Maharashtra |
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Country : |
India |
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Date of
Incorporation : |
21.04.2011 |
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Com. Reg. No.: |
216502 |
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Capital Investment
/ Paid-up Capital : |
Rs. 0.100 Million |
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CIN No.: [Company Identification
No.] |
U28939MH2011FTC216502 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMD19087F |
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Legal Form : |
Private Limited Liability Company. |
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Line of Business
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Trader of Steel Plates |
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No. of Employees
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2 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company and it is yet to commence its commercial business
activities. The company will start its commercial business in November, 2011.
Payment terms are unknown. 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.
INFORMATION PARTED BY (General Details)
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Name : |
Mr. Nithin Kottarathil |
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Designation : |
Marketing Manager |
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Date : |
10.09.2011 |
LOCATIONS
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Registered Office : |
606 Maithili Signet Plot No. 39/4, Sector 30A, Near Vashi Railway
Station, Vashi, Navi Mumbai – 400705, Maharashtra, India |
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Tel. No.: |
91-22-41230270 |
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Mobile No.: |
91-9867645268 (Mr. Ranjit Menan) |
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E-Mail : |
DIRECTORS
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Name : |
Mr. Marinus Heistek |
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Designation : |
Director |
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Address : |
Everdonk 30, Breda |
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Date of Birth/Age : |
10.07.1953 |
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Date of Appointment : |
21.04.2011 |
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Name : |
Mr. Ranadhir Venugopal Sethukutty |
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Designation : |
Director |
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Address : |
Flat 3104, 393/Emirates Hill First, Dubai – 17592 |
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Date of Birth/Age : |
01.08.1963 |
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Date of Appointment : |
21.04.2011 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 25.03.2011
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Names of Shareholders |
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No. of Shares |
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Dillinger Middle East FZE, UAE |
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9999 |
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Mr. Marinus Heistek |
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1 |
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Total |
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10000 |
BUSINESS DETAILS
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Line of Business : |
Trader of Steel Plates |
GENERAL INFORMATION
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No. of Employees : |
2 (in office) |
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Bankers : |
·
Standard Chartered Bank, Fort |
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Banking
Relations : |
-- |
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Parent Company : |
Dillinger Middle East FZE, UAE |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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50000 |
Equity Shares |
Rs. 10/- each |
Rs. 0.500 Million |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs. 10/- each |
Rs. 0.100
Millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
New Company
LOCAL AGENCY FURTHER INFORMATION
Company Profile
Subject Established in the year 2011, they have been involved in the field of manufacturing, supplying and exporting a wide range of Steel Construction Plates. Developed using excellent quality material, these plates are widely acknowledged in shipping and allied industries. These plates are acclaimed in the industry for their high tensile strength, robust construction and corrosion-resistance features. Their clients can avail these plates in various grades and sizes as per the application needs.
The entire range of their plates is developed at their
well-equipped production unit, which is effectively managed by their hard
working professionals. Apart from this, they strictly follow various quality
testing procedures, so as to deliver best at the clients' end. Their
professionals always adhere to the international quality standards and norms.
Furthermore, they ensure timely delivery of the complete range of their plates
at the clients' destination. Owing to all these factors, they have become the
top most choice of their clients spread across the East/Middle Africa, North Africa, South/West Africa and Indian Subcontinent, to name a few.
Under the able patronage of their mentor, 'Mr. Ranjit', they have achieved huge success and growth in this competitive domain. His excellent leadership skills and sharp business acumen have always supported them in standing ahead of their counterparts in the industry.
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs. 46.38 |
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|
1 |
Rs.74.00 |
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Euro |
1 |
Rs.64.48 |
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.