MIRA
INFORM REPORT
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Report Date : |
17.09.2011 |
IDENTIFICATION DETAILS
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Name : |
JAYA EXPRESS CARGO CARE PRIVATE LIMITED |
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Registered
Office : |
A-217, Nihal Vihar (RZ) Block-A, Nangloi, |
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Country : |
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Date of
Incorporation : |
14.01.2008 |
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Com. Reg. No.: |
172628 |
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Capital
Investment / Paid-up Capital : |
Nil |
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CIN No.: [Company Identification
No.] |
U63010DL2008PTC172628 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
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Service Provider of Logistics, Domestic Transportation, House Hold removal,
Insurance Services, Freight forwarding and related products. |
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No. of Employees
: |
50 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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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
Subject is a company having moderate track. The management has not
filed the financials of the company with the government departments since its
incorporation. However, business is active. Payment terms are unknown. The company can be considered for business dealings on a 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
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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 PARTED BY
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Name : |
Mr. Roshan Kumar |
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Designation : |
Manager |
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Contact No.: |
91-11-66217731 |
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Date : |
03.09.2011 |
LOCATIONS
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Registered Office : |
A-217, Nihal Vihar (RZ) Block-A, Nangloi, |
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Tel. No.: |
91-11-66217731 |
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Fax No.: |
91-11-41687017 |
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E-Mail : |
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Website : |
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Branch Office : |
K-847/1, 1st Floor, Near |
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Tel. No.: |
91-11-26781949 / 26785603 |
DIRECTORS
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Name : |
Mr. Manoj Kumar |
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Designation : |
Director |
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Address : |
A-217, Nihal Vihar (RZ) Block – A, Nangloi, |
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Date of Birth/Age : |
18.04.1971 |
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PAN No.: |
AGKPK7076J |
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DIN No.: |
01772177 |
Other Directorship
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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 |
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1 |
U63010DL2008PTC172628 |
Jaya Express
Cargo Care Private Limited |
Director |
14-01-08 |
14-01-08 |
Active |
YES |
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2 |
U52322DL2011PTC212532 |
Hifi Fashion
Accessories Private Limited |
Director |
13-01-11 |
13-01-11 |
Active |
NO |
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Name : |
Mrs. Aparna Surendra |
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Designation : |
Director |
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Address : |
A-217, Nihal Vihar (RZ) Block – A, Nangloi, |
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Date of Birth/Age : |
30.11.1975 |
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PAN No.: |
AJMPA4956A |
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DIN No.: |
01961231 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
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Names of Shareholders |
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No. of Shares |
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Manoj Kumar |
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5000 |
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Aparna Surendra |
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5000 |
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Total |
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10000 |
BUSINESS DETAILS
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Line of Business : |
Service Provider of Logistics, Domestic Transportation, House Hold removal,
Insurance Services, Freight forwarding and related products. |
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Terms : |
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Selling : |
Cash and Credit (30 days) |
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Purchasing : |
Cash and Credit (30 days) |
GENERAL INFORMATION
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Customers : |
End Users |
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No. of Employees : |
50 Approximately |
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Bankers : |
Corporation Bank, |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Vijay Kumar Chartered Accountant |
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Address : |
153-D, Jhilmil, Vivek Vihar, |
CAPITAL STRUCTURE
Authorised Capital : Rs.0.100 million
Issued, Subscribed & Paid-up Capital : Nil
FINANCIAL DATA
[all figures are
in Rupees Millions]
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Particulars |
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31.03.2011 (In between) |
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Sales Turnover (Approximately) |
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10.000 – 15.000 |
The above information has been parted by Mr. Roshan Kumar
LOCAL AGENCY FURTHER INFORMATION
TRADE REFERENCES
·
Unique Bio Herbs, Noida
·
Nutramed Biotech, Noida
WEB DETAILS
Subject, as expertise of door to door “Tailor made “logistic solution
provider with concept of (AAA) anything, anywhere, anytime . They are based in
Reliability to
anywhere, every time
They exceed their customer’s expectations by
providing the most consistently reliable services available.
Their quality standards ensure that their customers get the best value, which
protects their financial interests while enhancing the efficiency of their
management and quality of their products worldwide.
They have earned the respect and repeat business of an exacting customer
base by delivering consistently reliable service and unmatched follow-up and
follow-through on every shipment.
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.47.47 |
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1 |
Rs.74.96 |
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Euro |
1 |
Rs.65.79 |
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.