MIRA
INFORM REPORT
|
Report Date : |
30.09.2011 |
IDENTIFICATION DETAILS
|
Name : |
ARIZONA MARKETING PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
C-75, First Floor, Greater Kailash I, New Delhi – 110020, Delhi |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
02.03.2006 |
|
|
|
|
Com. Reg. No.: |
147021 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.0.110 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51909DL2006PTC147021 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELA18056D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AARPM6460D |
|
|
|
|
Legal Form : |
Private Limited Liabi.ity Company |
|
|
|
|
Line of Business
: |
Manufacturer of Wines, Red, White, rose and sparkling and
some of them are: Sula Chenin Blanc, Sula Sauvignon Blanc, Sula brut,
Cabernet Shiraz, Late Harvest
Chenin, Red Zinfandel, Blush Zinfandel, Madera Select, Dindori Reserve
Shiraz, Merlot Satori etc. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (28) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 2488 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. Profitability
of the company appears to be low. However, trade relations are reported as
fair. Business is active. Payments are reported to be slow. The company 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.
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 |
LOCATIONS
|
Registered Office : |
C-75, First Floor, Greater Kailash I, New Delhi – 110020, Delhi,
India |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head Office : |
A-270, Ist Floor, Okhla Industrial Area, Phase - I, New
Delhi – 110020, Delhi, India |
|
Tel. No.: |
91-11-26810927, 41616515 |
|
Fax No.: |
91-11-66606977 |
DIRECTORS
AS ON 29.09.2010
|
Name : |
Mr. Gurpreet Singh Bhatia |
|
Designation : |
Director |
|
Address : |
Near Bus Stand Road, Rajnandangaon, Chattisgarh – 491441, India |
|
Date of Birth/Age : |
16.08.1963 |
|
Date of Appointment : |
02.03.2006 |
Other Directorship:
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of appointment
at current designation |
Original date
of appointment |
Date of
cessation |
Company Status |
Defaulting
status |
|
1 |
U27100CT1991PTC006320 |
FASTTRAQ IRON & POWER
(I) PRIVATE LIMITED |
Director |
02/01/1996 |
02/01/1996 |
- |
Active |
NO |
|
2 |
U52208CT1994PLC008066 |
SONA WINES LIMITED |
Director |
27/09/1996 |
27/09/1996 |
- |
Active |
NO |
|
3 |
U45201CT1994PTC008609 |
JASPER CONSTRUCTION
PRIVATE LIMITED |
Director |
30/08/2000 |
30/08/2000 |
- |
Active |
NO |
|
4 |
U45201CT1994PTC008610 |
MERLIN MULTITECH PRIVATE
LIMITED |
Director |
11/04/2001 |
11/04/2001 |
- |
Active |
NO |
|
5 |
U45202DL1999PTC100749 |
ARIZONA BEVERAGES PRIVATE
LIMITED |
Director |
26/06/2001 |
26/06/2001 |
- |
Active |
NO |
|
6 |
U15543CT1999PTC013821 |
ANDEAN CONDOR MARKETING
PRIVATE LIMITED |
Director |
08/08/2003 |
08/08/2003 |
- |
Active |
NO |
|
7 |
U55101CT1997PTC012532 |
BEANT HOTELS PRIVATE
LIMITED |
Director |
01/06/2004 |
01/06/2004 |
- |
Active |
NO |
|
8 |
U15531CT1998PTC012993 |
BLACK BERRY DISTILLERIES
PRIVATE LIMITED |
Director |
01/08/2004 |
01/08/2004 |
- |
Active |
NO |
|
9 |
U74140WB1995PTC069600 |
SETHIA SERVICES PVT LTD |
Director |
15/12/2004 |
15/12/2004 |
- |
Active |
|
|
10 |
U80301CT2001PTC014703 |
YUGNIRMAN PUBLIC SCHOOL
PRIVATE LIMITED |
Director |
19/02/2005 |
19/02/2005 |
- |
Active |
NO |
|
11 |
U07010CT2005PTC017496 |
G. S. TRACON PRIVATE
LIMITED |
Director |
08/04/2005 |
08/04/2005 |
- |
Active |
NO |
|
12 |
U55101WB1984PTC037591 |
SNOWTOPS PVT LTD |
Director |
15/12/2005 |
15/12/2005 |
- |
Active |
NO |
|
13 |
U51909DL2006PTC147021 |
ARIZONA MARKETING PRIVATE
LIMITED |
Director |
02/03/2006 |
02/03/2006 |
- |
Active |
NO |
|
14 |
U13100CT2006PTC018483 |
SONA MINCON PRIVATE
LIMITED |
Director |
10/03/2006 |
10/03/2006 |
- |
Active |
NO |
|
15 |
U55101CT2007PTC020337 |
SSB HOTELS PRIVATE LIMITED
|
Director |
03/08/2007 |
03/08/2007 |
- |
Active |
NO |
|
16 |
U20211CT1995PTC010239 |
SHAH LAMINATES PRIVATE
LIMITED |
Director |
10/10/2007 |
10/10/2007 |
- |
Active |
NO |
|
17 |
U15142CT1991PTC006601 |
BARAMA EXIM PRIVATE
LIMITED |
Director |
16/10/2007 |
16/10/2007 |
- |
Active |
NO |
|
18 |
U40105CT2008PTC020505 |
SONA POWER PRIVATE LIMITED
|
Director |
02/01/2008 |
02/01/2008 |
- |
Active |
NO |
|
19 |
U15549CT2006PTC018443 |
SONA BEVERAGES PRIVATE
LIMITED |
Director |
05/04/2008 |
05/04/2008 |
- |
Active |
NO |
|
20 |
U15137CT2008PTC020828 |
PULP EXIM PRIVATE LIMITED |
Director |
27/08/2008 |
27/08/2008 |
- |
Active |
NO |
|
21 |
U51909WB1991PTC051400 |
GAGAN RESOURCES PVT LTD |
Additional director |
01/05/2009 |
01/05/2009 |
18/08/2009 |
Under liquidation |
NO |
|
22 |
U40108CT2009PTC021494 |
SONA GREEN POWER PRIVATE
LIMITED |
Director |
14/12/2009 |
14/12/2009 |
- |
Active |
NO |
|
23 |
U70101CT2010PTC021575 |
SONA INFRAPARK PRIVATE
LIMITED |
Director |
28/01/2010 |
28/01/2010 |
- |
Active |
NO |
|
24 |
U45201CT1997PTC012164 |
SIMRAN BUILDERS PRIVATE
LIMITED |
Director |
12/03/2011 |
12/03/2011 |
- |
Active |
NO |
|
25 |
U55209CT2011PTC022479 |
PAPAZZZ CAFE PRIVATE
LIMITED |
Director |
18/05/2011 |
18/05/2011 |
- |
Active |
NO |
|
26 |
U45200CT2011PTC022689 |
KRISHNA INFRAVENTURES
PRIVATE LIMITED |
Director |
20/09/2011 |
20/09/2011 |
- |
Active |
NO |
|
Name : |
Mr. Anand Prakash Mehta |
|
Designation : |
Director |
|
Address : |
365, Nilgiri Apartment Alaknanda, New Delhi – 110019, Delhi,
India |
|
Date of Birth/Age : |
22. 12.1971 |
|
Date of Appointment : |
02.03.2006 |
Other Directorship:
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of
appointment at current designation |
Original date
of appointment |
Date of
cessation |
Company Status |
Defaulting
status |
|
1 |
U45202DL1999PTC100749 |
ARIZONA BEVERAGES PRIVATE
LIMITED |
Director |
26/06/2001 |
26/06/2001 |
- |
Active |
NO |
|
2 |
U51909DL2006PTC147021 |
ARIZONA MARKETING PRIVATE
LIMITED |
Director |
02/03/2006 |
02/03/2006 |
- |
Active |
NO |
|
3 |
U45400DL2007PTC166069 |
BABY MANUFACTURING PRIVATE
LIMITED |
Additional director |
04/03/2010 |
04/03/2010 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2010
|
Names of Shareholders |
|
No. of Shares |
|
Anand Prakash Mehta |
|
5000 |
|
Gurpreet Singh Bhatia |
|
5000 |
|
Manmeet Singh Bhatia |
|
1000 |
|
Total |
|
11000 |
AS ON 29.09.2010
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Wines, Red, White, rose and sparkling and
some of them are: Sula Chenin Blanc, Sula Sauvignon Blanc, Sula brut,
Cabernet Shiraz, Late Harvest
Chenin, Red Zinfandel, Blush Zinfandel, Madera Select, Dindori Reserve
Shiraz, Merlot Satori etc. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||||||||
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|||||||||||||||||||||||||||||||||
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Bankers : |
Bank of Maharashtra, G-1, Raj Towers, Alaknanda Shopping Complex,
Kalkaji, New Delhi, New Delhi - 110019, Delhi, India |
|||||||||||||||||||||||||||||||||
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|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Harit Saris and Associates Chartered Accountant |
|
Address : |
104, LGF, Pocket A-8 Kalkaji Extension, New Delhi – 110019, Delhi,
India |
|
Tel No.: |
91-11-29989703/04 |
|
Fax No.: |
91-11-29989705 |
|
Email: |
|
|
|
|
|
Associates/Subsidiaries : |
NA |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
50000 |
Equity Shares |
Rs.10/- each |
Rs.0.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
11000 |
Equity Shares |
Rs.10/- each |
Rs.0.110
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 |
0.110 |
0.110 |
0.110 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.512 |
0.461 |
0.562 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
0.622 |
0.571 |
0.672 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.565 |
1.075 |
0.088 |
|
|
2] Unsecured Loans |
12.260 |
20.071 |
14.635 |
|
|
TOTAL BORROWING |
12.825 |
21.146 |
14.723 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
13.447 |
21.717 |
15.395 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
1.072 |
0.964 |
0.749 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
3.167
|
3.830 |
2.432 |
|
|
Sundry Debtors |
11.149
|
19.424 |
11.996 |
|
|
Cash & Bank Balances |
0.418
|
0.992 |
1.143 |
|
|
Other Current Assets |
0.000 |
0.000 |
0.000 |
|
|
Loans & Advances |
3.522
|
3.817 |
3.044 |
|
Total
Current Assets |
18.256
|
28.063 |
18.615 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.000 |
0.000 |
0.000 |
|
|
Other Current Liabilities |
5.881
|
5.386 |
3.980 |
|
|
Provisions |
0.000
|
1.930 |
0.000 |
|
Total
Current Liabilities |
5.881
|
7.316 |
3.980 |
|
|
Net Current Assets |
12.375
|
20.747 |
14.635 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.006 |
0.011 |
|
|
|
|
|
|
|
|
TOTAL |
13.447 |
21.717 |
15.395 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
TOTAL (A) |
24.041 |
29.023 |
12.241 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL (B) |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
0.799 |
1.243 |
0.878 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.462 |
0.635 |
0.337 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
0.337 |
0.608 |
0.541 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.230 |
0.240 |
0.180 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
0.107 |
0.368 |
0.361 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
0.056 |
0.469 |
0.222 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
0.051 |
(0.101) |
0.139 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
0.21
|
(0.35) |
1.13 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
NA |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.55
|
1.27 |
1.86 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.17
|
0.64 |
0.53 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
30.07
|
49.84 |
27.83 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.10
|
3. 83 |
4.68 |
LOCAL AGENCY FURTHER INFORMATION
FORM 8:
|
This form is for |
Creation of charge |
|
Corporate identity number of the company |
U51909DL2006PTC147021 |
|
Name of the company |
ARIZONA MARKETING PRIVATE LIMITED |
|
Address of the registered office or of the
principal place of business in |
C-75 First Floorgreater Kailash I, New
Delhi-110020, Delhi, India |
|
Type of charge |
Book Debts Movable Property Others Goodwill Patent, License under a patent Trademark Copyright or license under a
copyright |
|
Particular of charge holder |
Bank of Maharashtra |
|
Nature of description of the instrument
creating or modifying the charge |
Deed of Hypothecation of Stock and Book
Debt |
|
Date of instrument Creating the charge |
02/05/2008 |
|
Amount secured by the charge |
Rs.1.000 Million |
|
Brief particulars of the principal terms
an conditions and extent and operation of the charge |
Rate of Interest BPLR+2% Terms of Repayment One Year Margin 25% In Favour of The Bank Between The Amount
Outstanding Under The Term Loan Account or Any Other Similar Facilities And
The Market Value of Te Property Hereby Hypothecated Extent and Operation of the charge Stock / Book Debt / All Other Movable and
Immovable Properties |
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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.92 |
|
|
1 |
Rs.76.51 |
|
Euro |
1 |
Rs.66.64 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
28 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
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.