1. Summary Information
|
Reference
# |
135-317467-01-020(20120404117) |
Country |
|
|
Company Name |
SVAM PACKAGING INDUSTRIES PRIVATE LIMITED |
Principal Name 1 |
Mr. Satish Kumar Ailawadi |
|
Status |
Satisfactory |
Principal Name 2 |
Ms. Manju Ailawadi |
|
Our Reference # |
176001 |
Registration # |
55-143324 |
|
Street Address |
A-82, Mangol
Puri Industrial Area, Phase-II, New Delhi-110085, India |
||
|
Established Date |
06.12.2005 |
SIC Code |
-- |
|
Telephone# |
91-11-45038639 |
Business Style 1 |
Suppliers |
|
Fax # |
91-11-45038629 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Aluminium Foils |
|
|
# of employees |
Not Available |
Product Name 2 |
-- |
|
Paid up capital |
Rs.5,800,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or
relatives of Directors - 100.00% |
Banking |
Indian Overseas
Bank |
|
Public Limited Corp. |
NO |
Business Period |
7 Years |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
Ba (46) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
130,281,000 |
Current Liabilities |
38,831,000 |
|
Inventories |
19,595,000 |
Long-term Liabilities |
29,800,000
|
|
Fixed Assets |
14,582,000 |
Other Liabilities |
15,943,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
84,574,000 |
|
Invest& other Assets |
38,000 |
Retained Earnings |
74,122,000 |
|
|
|
Net Worth |
79,922,000 |
|
Total Assets |
164,496,000 |
Total Liab. & Equity |
164,496,000 |
|
Total Assets (Previous Year) |
104,412,000 |
|
|
|
P/L Statement as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Total Income |
574,344,000 |
Net Profit |
29,781,000 |
|
Total Income (Previous yr) |
292,904,000 |
Net Profit(Prev.yr) |
16,628,000 |
MIRA
INFORM REPORT
|
Report Date : |
10.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
SVAM PACKAGING INDUSTRIES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
A-82, Mangol Puri Industrial Area, Phase-II, New Delhi-110085 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
06.12.2005 |
|
|
|
|
Com. Reg. No.: |
55-143324 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 5.800 Millions (Consolidated) |
|
|
|
|
CIN No.: [Company Identification
No.] |
U27105DL2005PTC143324 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Supplier of Aluminium Foils for the
Pharmaceutical Packaging Industry |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 310000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. Trade
relations are reported as fair. Business is active. Payments are reported to
be usually correct and as per commitments. The company can be considered normal 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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
India |
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 Admin Office : |
A-82, Mangol Puri Industrial Area, Phase-II, New Delhi-110085, India |
|
Tel. No.: |
91-11-45038639 / 27015969 |
|
Fax No.: |
91-11-45038629 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Factory : |
Plot No. 1287, HSIDC Rai Industrial Estate, Sonipat-131029, Haryana,
India |
|
|
|
|
Branch Office : |
Located At ·
Baddi ·
Maharashtra ·
Roorkee ·
Sonipat |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Satish Kumar Ailawadi |
|
Designation : |
Director |
|
Address : |
C-1/21, Jamakpuri, New Delhi-110058, India |
|
Date of Birth/Age : |
07.06.1955 |
|
Date of Appointment : |
06.12.2005 |
|
DIN No.: |
00124330 |
Other Directorship:
|
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 |
|
1 |
U27105DL2005PTC143324 |
SVAM
PACKAGING INDUSTRIES PRIVATE LIMITED |
Director |
06-12-05 |
06-12-05 |
Active |
NO |
|
2 |
U21014DL2008PTC183899 |
SVAM
PACKAGING PRIVATE LIMITED |
Director |
01-10-08 |
01-10-08 |
Active |
NO |
|
Name : |
Ms. Manju Ailawadi |
|
Designation : |
Director |
|
Address : |
C-1/21, Jamakpuri, New Delhi-110058, India |
|
Date of Birth/Age : |
31.08.1962 |
|
Date of Appointment : |
06.12.2005 |
|
DIN No.: |
00124358 |
Other Directorship:
|
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 |
|
1 |
U27105DL2005PTC143324 |
SVAM
PACKAGING INDUSTRIES PRIVATE LIMITED |
Director |
06-12-05 |
06-12-05 |
Active |
NO |
|
2 |
U21014DL2008PTC183899 |
SVAM
PACKAGING PRIVATE LIMITED |
Director |
01-10-08 |
01-10-08 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Satish Kumar Ailawadi |
239000 |
|
Manju Ailawadi |
290000 |
|
Ankur Ailawadi |
51000 |
|
Total |
580000 |
AS ON 30.09.2011
|
Equity Shares
Break Up |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Supplier of Aluminium Foils for the
Pharmaceutical Packaging Industry |
GENERAL INFORMATION
|
Customers : |
·
INTAS ·
Cadila Pharmaceuticals Limited ·
CIPLA ·
Global Pharma ·
Mankind |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Bankers : |
·
HDFC Bank Limited, HDFC Bank House, Senapati Bapat
Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India ·
Small Industries Development Bank of India,
Videocon Tower, E-1, Ground Floor, Rani Jhansi Road, Jhandewalan Extension,
New Delhi-110055, India ·
Indian Overseas Bank, 21, B-Block Community Centre,
Janakpuri, New Delhi - 110058, India |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
B. K. Batra and Company Chartered Accountants |
|
Address : |
E-146, Kalkaji, New Delhi-110019, India |
|
Tel. No.: |
91-11-26466865 / 41603738 |
|
Mobile No.: |
91-9810029032 |
|
Pan No,: |
AAFPB7465D |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
580000 |
Equity Shares |
Rs.10/- each |
Rs. 5.800
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
(CONSOLIDATED)
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
5.800 |
4.800 |
4.800 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
74.122 |
40.341 |
23.714 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
79.922 |
45.141 |
28.514 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
29.800 |
27.557 |
25.738 |
|
|
2] Unsecured Loans |
0.000 |
5.226 |
3.952 |
|
|
TOTAL BORROWING |
29.800 |
32.783 |
29.690 |
|
|
DEFERRED TAX LIABILITIES |
0.443 |
0.124 |
0.102 |
|
|
|
|
|
|
|
|
TOTAL |
110.165 |
78.048 |
58.306 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
14.582 |
6.857 |
6.910 |
|
|
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 |
19.595
|
2.415 |
8.070 |
|
|
Sundry Debtors |
79.103
|
45.716 |
37.336 |
|
|
Cash & Bank Balances |
1.201
|
1.950 |
1.239 |
|
|
Other Current Assets |
12.099
|
15.861 |
9.267 |
|
|
Loans & Advances |
37.878
|
31.539 |
16.141 |
|
Total
Current Assets |
149.876
|
97.481 |
72.053 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
37.246
|
6.376 |
4.733 |
|
|
Other Current Liabilities |
1.585
|
1.181 |
1.904 |
|
|
Provisions |
15.500
|
18.807 |
14.131 |
|
Total
Current Liabilities |
54.331
|
26.364 |
20.768 |
|
|
Net Current Assets |
95.545
|
71.117 |
51.285 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.038 |
0.074 |
0.111 |
|
|
|
|
|
|
|
|
TOTAL |
110.165 |
78.048 |
58.306 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
|
|
Consolidated |
||
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
287.902 |
230.945 |
|
|
|
Other Income |
|
5.002 |
5.806 |
|
|
|
TOTAL |
574.344 |
292.904 |
236.751 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
|
226.252 |
176.911 |
|
|
|
Cartage Inwards |
|
6.559 |
5.432 |
|
|
|
Conveyance |
|
1.557 |
1.787 |
|
|
|
Commission |
|
4.928 |
4.540 |
|
|
|
Travelling |
|
2.343 |
1.728 |
|
|
|
Repairs and Maintenance |
|
1.256 |
1.914 |
|
|
|
Packing |
|
2.449 |
0.659 |
|
|
|
Payments to Staff |
|
8.259 |
7.846 |
|
|
|
Other Expenses |
|
11.647 |
10.102 |
|
|
|
TOTAL |
528.457 |
265.250 |
210.919 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
27.654 |
25.832 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
1.196 |
0.932 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
45.887 |
26.458 |
24.900 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
16.106 |
9.830 |
9.402 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
29.781 |
16.628 |
15.498 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
NA |
23.714 |
8.216 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
NA |
40.342 |
23.714 |
|
|
|
|
|
|
|
|
|
|
Earnings Per Share
(Rs.) |
51.35 |
-- |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
5.19
|
5.68 |
6.55 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
9.19 |
10.78 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
27.90
|
25.36 |
31.53 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.57
|
0.59 |
0.87 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.06
|
1.31 |
1.77 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.76
|
3.69 |
3.47 |
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 |
Yes |
|
12) Profitability for last three years |
Yes |
|
13) Reasons for variation <> 20% |
-- |
|
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 |
No |
|
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 |
No |
|
30) Major Shareholders, if available |
Yes |
NOTE
The registered of has been shifted from A-3/62, Janakpuri, New
Delhi-110058, India to the present address w.e.f. 08.12.2007.
FORM 8
|
Corporate
identity number of the company |
U27105DL2005PTC143324 |
|
Name of the
company |
SVAM PACKAGING INDUSTRIES
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
A-82, Mangol Puri Industrial Area, Phase-II, New Delhi-110085, India E-mail : admin@satishenterprises.com |
|
This form is for |
Creation of
charge |
|
Type of charge |
Movable property
(not being pledge) |
|
Particular of
charge holder |
Small Industries Development Bank of India, Videocon Tower, E-1,
Ground Floor, Rani Jhansi Road, Jhandewalan Extension, New Delhi-110055,
India E-mail : manilal@sidbi.in |
|
Nature of
instrument creating charge |
Loan Agreement / Deed
of Hypothecation dated August 29, 2011 executed by the company in favour of
SIDBI for creation of charge on movable assets of the company's project,
acquired/to be acquired under the Financial Assistance for Rs.20.000 Millions
under Direct Credit Scheme. |
|
Date of
instrument Creating the charge |
29.08.2011 |
|
Amount secured by
the charge |
Rs. 20.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest Interest will be payable
@ of 75 bps below SIDBI's Prime Lending Rate (PLR) rising or falling
therewith, with monthly rests. The current SIDBI PLR being 12.75 % and
current effective ROI being 12%p.a. Terms of repayment TL of Rs.20.000
Millions shall be repaid by the Borrower to SIDBI in 60 monthly installed
comprising of First 40 installments of Rs.0.325 Million each and next 41 - 60
installments of Rs. 0.350 Million each, commencing after a moratorium of 9
months from the date of first disbursement of the assistance. Margin 37.90% of the
Total Project Cost i.e. Rs.32.206 millions. Extent and operation of the charge The charge
operates as a first charge on the movable properties of the company of the
Borrower in favour of SIDBI to secure the due repayment and discharge by the
company to SIDBI of its Financial Assistance of Rs.20.000 Millions together
with all dues payable in terms of Letter of Intent dated Aug.29, 2011 / Loan
Agreement dated Aug.29, 2011 / Terms and Conditions of Sanction, as may be
amended / modified from time to time. Other The Financial
Assistance by way of Term Loan of Rs.200 lakh is also inter alia secured by; (a)
Personal
guarantees of Mr. Satish Ailawadi and Mrs. Manju Ailawadi; and (b)
Equitable
Mortgage of Plot No.1243, HSIIDC Industrial Estate, Rai - 131029 District
Sonepat (Haryana) in the name of Svam Packaging Private Limited |
|
Short particulars
of the property charged (Including location of the property) |
Hypothecation of all
movables assets, including plant and machinery, equipments, misc. fixed
assets, etc, of the borrower's project acquired / to be acquired of the
Financial Assistance(s) of Rs.20.000 Millions whether installed or not and
whether now lying loose and which have been or proposed to be acquired under
the scheme at Plot No.1243, HSIDC Industrial Estate, Rai - 131029, District
Sonepat (Haryana) in such form as may be required by SIDBI. |
FIXED ASSETS
·
Office Equipment
·
Car / Bike
·
Computer
·
Furniture and Fixtures
·
Generator
·
Plant and Machinery
WEB SITE DETAILS
PROFILE
Subject
is a 30 years old organization serving the Packaging requirements of the
growing Indian Pharmaceutical Industry.
With
the most valuable response of their domestic customers, who have shown
tremendous trust on them, allowing them to become amongst the largest vendors
of Packaging Materials in India, they are now on the verge of expansion by
spreading their wings all over the globe.
They
at Subject are dedicated to offer quality products and service, backed by
competitive prices, so as to ensure "Complete Customer Satisfaction"
They
welcome strategic alliance and new partnerships that allow them to develop new
businesses, products or ventures. With a rebuilt infrastructure and high
technology, we are now focussing on expansion of their business by means of all
their available resources.
"From
Blister Packaging Machines to Printing to Marking and Coding, to Packaging
Materials, Svam technical team is strong enough to understand all aspects of
the concerned Pharmaceutical Packaging."
With
strong base in India, their network is now becoming stronger globally, as their
focus is customer's Happiness since "They Value Packaging"
In
the coming years, Subject is looking forward to come up with new products and
ventures to take world to a surprise and come up with a revolution in the
Pharmaceutical Industry.
For
further details, may please contact the undersigned. With the most valuable
response of their domestic customers, who have shown tremendous trust on them,
allowing them to become amongst the largest vendors of Packaging Materials in
India, they are now on the verge of expansion by spreading their wings all over
the globe.
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.51.28 |
|
|
1 |
Rs.81.38 |
|
Euro |
1 |
Rs.67.01 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
|
46 |
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.