|
|
|
Country |
|
|
Company Name |
RUKMINI POLYTUBES PRIVATE LIMITED |
Principal Name 1 |
Mr. Aman Kejriwal |
|
Status |
Moderate |
Principal Name 2 |
Mrs. Mira Delvi |
|
|
|
Registration # |
16.09.1999 |
|
Street Address |
X-55/102 Loha
Mandi, Naraina, New Delhi – 110028, |
||
|
Established Date |
16.09.1999 |
SIC Code |
- |
|
Telephone# |
91-11-32616635 |
Business Style 1 |
Manufacturer |
|
Fax # |
NA |
Business Style 2 |
- |
|
Homepage |
NA |
Product Name 1 |
uPVC pipes |
|
# of employees |
NA |
Product Name 2 |
- |
|
Paid up capital |
Rs.5,700,000/- |
Product Name 3 |
- |
|
Shareholders |
Directors or relatives of Directors – 100 % |
Banking |
STATE BANK OF PATIALA |
|
Public Limited Corp. |
NA |
Business Period |
12 Years |
|
IPO |
- |
International Ins. |
-- |
|
Public |
NA |
Rating |
B
(29) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
- |
|
-- |
-- |
- |
- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
35,002,000 |
Current Liabilities |
2,708,000 |
|
Inventories |
32,006,000 |
Long-term Liabilities |
46,017,000 |
|
Fixed Assets |
14,690,000 |
Other Liabilities |
1,567,000 |
|
Deferred Assets |
0 |
Total Liabilities |
50,292,000 |
|
Invest& other Assets |
0 |
Retained Earnings |
25,706,000 |
|
|
|
Net Worth |
31,406,000 |
|
Total Assets |
81,698,000 |
Total Liab. & Equity |
81,698,000 |
|
Total Assets (Previous Year) |
78,630,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
221,500,000 |
Net Profit |
9,32,000 |
|
Sales(Previous yr) |
265,500,000 |
Net Profit(Prev.yr) |
9,37,000 |
MIRA
INFORM REPORT
|
Report Date : |
09.04.2011 |
IDENTIFICATION DETAILS
|
Name : |
RUKMINI POLYTUBES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
X-55/102 Loha Mandi, Naraina, New Delhi – 110028, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
16.09.1999 |
|
|
|
|
Com. Reg. No.: |
55-123381 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.5.700 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U25209DL1999PTC123381 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELR09903F |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCR8167Q |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturers of uPVC Pipes |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (29) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 126000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. Profit margin
of the company is low. However, trade relations are reported as fair.
Business is active. Payments are reported to be slow but correct. The company can be considered for small 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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
|
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 : |
(Iron and Steel Trading Division) X-55/102 Loha Mandi, Naraina, New
Delhi – 110028, India |
|
Tel. No.: |
91-11-32616635 / 32492389 / 32563432 |
|
E-Mail : |
|
|
Website: |
|
|
|
|
|
Factory 1 : |
(Steel Melting and Rolling Division) C-6 & 7, UPSIDC Industrial
Area, Bahadurabad, Hardwar- 149401, Uttrakahnd |
|
Tel. No.: |
91-1334-325837 |
|
Fax No.: |
91-1334-235126 |
|
E-Mail : |
|
|
|
|
|
Factory 1 : |
(PVC Division) 43 K.M. Stone, N.H.-10, P.O.Assauda-124505,
bahadurgarh, Haryana |
|
Tel. No.: |
91-1276-280729, 280730, 323404 |
|
E-Mail : |
DIRECTORS
As on 30.09.2011
|
Name : |
Mr. Gopi Krishna Kejriwal |
|
Designation : |
Director |
|
Address : |
B-2/63, Rajasthali Apartments, Pitampura, Delhi – 110034, India |
|
Date of Birth/Age : |
06.06.1968 |
|
Date of Appointment : |
16.09.1999 |
|
DIN No.: |
00101425 |
|
|
|
|
Name : |
Mr. Ajay Kejriwal |
|
Designation : |
Director |
|
Address : |
C-1/53, Rajasthali Apartments, Pitampura, Delhi – 110034, India |
|
Date of Birth/Age : |
30.05.1971 |
|
Date of Appointment : |
16.091999 |
|
DIN No.: |
00101466 |
|
|
|
|
Name : |
Mr. Rajeev Kejriwal |
|
Designation : |
Director |
|
Address : |
B-2/63, Rajasthali Apartments, Pitampura, Delhi – 110034, India |
|
Date of Birth/Age : |
26.01.1973 |
|
Date of Appointment : |
16.09.1999 |
|
DIN No.: |
00101655 |
|
|
|
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Mr. Aman Kejriwal |
|
56100 |
|
Mrs. Mira Delvi |
|
55000 |
|
Mr.Gopi Krishna Kejriwal |
|
7000 |
|
Mr. Gopi Krishna Kejriwal (HUF) |
|
50000 |
|
Mr. Sanjay Kejriwal |
|
56600 |
|
Mr. Ajay Kejriwal |
|
50100 |
|
Mr. Rajeev Kejriwal |
|
56600 |
|
Mrs. Priti Kejriwal |
|
67500 |
|
Mrs. Madhu Kejriwal |
|
57000 |
|
Mrs. Ritu Kejriwal |
|
56600 |
|
Mrs. Pooja Kejriwal |
|
57000 |
|
Mrs. Renu Devi Agrawal |
|
500 |
|
|
|
|
|
Total |
|
5,70,000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2011
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturers of uPVC Pipes |
|
|
|
|
|
|
Products : |
Item Code |
Product Description |
|
|
391710 |
PVC Pipes |
PRODUCTION STATUS
(As on 31.03.2011)
|
Particulars |
Unit |
31.03.2011 |
|
|
|
|
|
Installed
Capacity |
MT |
6000 |
|
|
|
|
|
Particulars |
Unit |
Actual
Production |
|
PVC Pipes |
MT |
2697 |
|
Defective pipes |
MT |
86 |
|
|
|
|
GENERAL INFORMATION
|
Customers : |
Manufacturer Company |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Bankers : |
State Bank of Patiala, Rama Market, Pitampura, New Delhi – 110034,
Delhi, India |
||||||||||||||||||||||||
|
|
(Rs.
In Millions) |
||||||||||||||||||||||||
|
Facilities : |
|
||||||||||||||||||||||||
|
|
|
|
Banking
Relations : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Arun Naresh and Company Chartered Accountant |
|
Address : |
37, Rani Jhansi Road, 1st Floor, Jhandewalan, New Delhi –
110055, Delhi, India |
|
PAN.: |
AAFFA5631C |
|
|
|
CAPITAL STRUCTURE
As on 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7,50,000 |
Equity Shares |
Rs.10/- each |
Rs.7.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5,70,000 |
Equity Shares |
Rs.10/- each |
Rs. 5.700
Millions |
|
|
|
|
|
FINANCIAL DATA
[All figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
5.700 |
5.700 |
5.700 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
25.706 |
24.774 |
23..837 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
31.406 |
30.474 |
29.537 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
38.323 |
39.065 |
25.334 |
|
|
2] Unsecured Loans |
7.694 |
5.802 |
2.589 |
|
|
TOTAL BORROWING |
46.017 |
44.866 |
27.923 |
|
|
DEFERRED TAX LIABILITIES |
1.402 |
1.235 |
1.231 |
|
|
|
|
|
|
|
|
TOTAL |
78.825 |
76.575 |
58.691 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
14.690 |
16.993 |
17.549 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.107 |
0.107 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
32.006
|
22.079 |
12.007 |
|
|
Sundry Debtors |
23.190
|
28.500 |
22.468 |
|
|
Cash & Bank Balances |
2.647
|
3.462 |
4.114 |
|
|
Loans & Advances |
9.165
|
7.489 |
13.473 |
|
Total
Current Assets |
67.008
|
61.530 |
52.062 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
0.505 |
9.930 |
|
|
Other Current Liabilities |
2.708
|
1.153 |
0.936 |
|
|
Provisions |
0.165
|
0.397 |
0.161 |
|
Total
Current Liabilities |
2.873
|
2.055 |
11.027 |
|
|
Net Current Assets |
64.135
|
59.475 |
41.035 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
78.825 |
76.575 |
58.691 |
|
PROFIT & LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL (A) |
221.500 |
265.500 |
235.500 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL (B) |
220.181 |
264.114 |
234.503 |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
1.319 |
1.386 |
0.997 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.387 |
0.449 |
0.276 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
0.932 |
0.937 |
0.721 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
4.549 |
3.612 |
2.891 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
5.481 |
4.549 |
3.612 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
CIF Value Raw Material |
26.042 |
41.206 |
27.758 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
1.64 |
1.64 |
NA |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
0.42
|
0.35 |
0.30 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.96
|
2.25 |
1.91 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
0.04 |
0.03 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.09
|
0.06 |
0.37 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
23.32
|
29.94 |
4.72 |
LOCAL AGENCY FURTHER INFORMATION
|
Check List by Info Agents |
Available in Report (Yes / No) |
|
1) Year of Establishment |
Yes |
|
2) Locality of the firm |
Yes |
|
3) Constitutions of the firm |
Yes |
|
4) Premises details |
Yes |
|
5) Type of Business |
Yes |
|
6) Line of Business• |
Yes |
|
7) Promoter’s background |
Yes |
|
8) No. of employees |
No |
|
9) Name of person contacted |
No |
|
10) Designation of contact person |
No |
|
11) Turnover of firm for last two years |
No |
|
12) Profitability for last three years |
Yes |
|
13) Reasons for variation <> 20% |
Yes |
|
14) Estimation for coming financial year |
No |
|
15) Capital in the business |
Yes |
|
16) Details of sister concerns |
No |
|
17) Major suppliers |
No |
|
18) Major customers |
Yes |
|
19) Payments terms |
No |
|
20) Export / Import details (if applicable) |
No |
|
21) Market information |
-- |
|
22) Litigations that the firm / promoter |
-- |
|
23) Banking Details |
Yes |
|
24) Banking facility details |
Yes |
|
25) Conduct of the banking account |
-- |
|
26) Buyer visit details |
-- |
|
27) Financials, if provided |
Yes |
|
28) Incorporation details, if applicable |
Yes |
|
29) Last accounts filed at ROC |
Yes |
|
30) Major Shareholders, if available |
Yes |
Note: Registered office of the company has
been shifted from 311, Emarat Firdaus, Exhibition Road, Patna – 800001, Bihar,
India to the present address w.e.f 1.09.2003
YEARS IN
RETROSPECT
The sale and other income for the financial years were Rs. 22150.000
Millions as against Rs. 26550 Millions for the previous financial year. The
Profit after Tax was Rs. 93.200 Millions as against Rs. 93.700 Millions for the
previous financial year..
|
Corporate identity number of the company |
U25209DL1999PTC123381 |
|
Name of the company |
RUKMINI POLYTUBES PRIVATE LIMITED |
|
Address of the registered office or of the
principal place of business in |
X-55/102 Loha Mandi,
Naraina, New Delhi – 110028, India Email: arunnaresh.ca@gmail.com |
|
This form is for |
|
|
Charge identification (ID) number of the
charge to be modified |
80000161 |
|
Type of charge |
Immovable property Book Debts Movable Property Stock in Trade, Personal Guarantee of all
Directors |
|
Particular of charge holder |
State Bank of
Patiala, Rama Market, Pitampura, New Delhi – 110034, India Email: b5403@sbp.co.in |
|
Nature of instrument creating charge |
Supplemental agreement dated february 13,
2010 of pledge of goods and assets for increase in overall limit and letter
of agreement dated february 12, 2010. |
|
Date of instrument Creating the charge |
13.02.2010 |
|
Amount secured by the charge |
Rs.66.220 Millions |
|
Brief of the principal terms an conditions
and extent and operation of the charge |
Rate of Interest For Cash Credit Limit Interest Will Be
Charged At 11.75 % (0.50 % Below BPLR ) Per Annum With Monthly Interest And
For Term Loan Interest Will Be Charged At BPLR I.E 12.25% Terms of Repayment Cash credit on demand limit has sanctioned
for one year and can be renewed on satisfaction operation in the account by borrower.
Term loan existing as per original sanction. Margin The Margin of Goods Will be as Under: 1) Raw Material (Stocks) 20% 2) Semi Finished and Finished Good 20% 3)Book Debts 40% 4)FLC
10% in the shape of STDR 5) Term Loan
33% Extent and Operation of the charge CC Limit of Rs. 40.000 Million and FLC
Limit Rs. 22.500 Million and Term Loan (Existing) of Rs. 3.720 Million. T/L
and CC and FCL Limit Are secured Against Hypothication of Stock, Receivable,
P and M and Other Infrastructure. Besides Collateral Security of Equitable
Mortgage on Factory Land and Building on Plot Khewat No. 485. Khatouni
No.1067 To 1072 Khasra No. 3055-012 Biswapukhta = 1800 SQ. YDS in Shiva Udyog
Vihar, Bahadurgarh, HR in the Name of SH. S .N Kejriwal and Khasra No.
3055-01/Biswapukhta= 27000 SQ Yard in co. Name |
|
Date of instrument modifying the charge |
05.03.2009 |
|
Particulars of the present modification |
Sanction of CC Limit Revised To Rs. 40.000
Million Against Existing CC Limit of Rs.29.000 Millions and FLC Limit
Increase From Rs. 17.500 Millions to Rs. 22.500 Millions with Sub Limit of Rs.
0.500 Millions for Bank Guarantee. Existing Term Loan Rs. 3.720 Million
Remains Same. Overall Limit Increased From Rs. From Rs. 50.220 Millions to
66.220 Millions. |
FIXED ASSETS
·
Land – Free Hold
·
Building
·
Plant and Machinery
·
Electrical Installation
·
Generator
·
Motor Vehicle
·
Mobile Phone
·
Laptop
·
Motor Cycle
·
Truck
WEB DETAILS
The Company the leading manufacturer of uPVC Pipes. The company is a
fast growing concern situated in Bahadurgarh (Haryana).
The Company is an ISO certified company. The Company has professional
management of skillful workers and technicians. The company has zealous and
enterprising marketing person, whose striving efforts are upgrading the image
of the company in the market. The pipes are produced in ULTRA MODERN PLANTS
maintaining high quality standards as per ISI & ASTM. The company test all
the materials in their laboratory for quality control before all dispatches.
The Company had started with single extruder (plant) in the year 2000, which
has multiplied to 4 extruders in a short span of time. Simultaneously enhancing
production capacity up to 600 tons per month, the company is now recognized as
a leader in PVC Pipe market of Haryana, Rajasthan, Uttar Pradesh, Punjab and Delhi.
This was possible only because of its quality consciousness at every level of
work and believe to provide tangible benefits to the ultimate customers.
Range of Products:-
- uPVC Pressure
Pipes for Portable Water Distribution.
- uPVC Pressure
Pipes for Irrigation System (40mm to 315mm)
- uPVC Pressure
Pipes for Drainage and Sewage Systems.
- uPVC Casing
& Screens Pipes Sizes 113mm to 250 mm in OD.
- uPVC Column
Pipes Sizes 33.40 mm to 60.32 mm.
- uPVC Plumbing
Pipes Sizes :- 21.2 mm to 60.32 mm
- Fabricated
uPVC Fittings for Water Supply.
- Adhesive,
Sealants & Bonding Agents.
Advantage of using
uPVC pipes:-
- Upvc Pipes
are the much better than the other pipes in comparison of cost, smoothness
& easy installation.
- Very
comfortable in handling and transportation because of its light weight.
- Non-toxic,
odorless and chemical resistance.
- 25% higher
discharge rate than G.I. pipes because of its smoothness.
- Extra strong,
longer life, low maintenance and replacement cost.
- No matter of
fungus and rust.
- Fire
resistant, non-conduction of electricity and low thermal conductivity.
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. 51.04 |
|
|
1 |
Rs. 81.08 |
|
Euro |
1 |
Rs. 67.39 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
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 |
3 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
|
29 |
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.