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Report Date : |
03.08.2012 |
IDENTIFICATION DETAILS
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Name : |
PAMIDI RSB BUILD-TECH PRIVATE LIMITED |
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Registered
Office : |
Plot No.34, Cyber Meadows, Maseedbanda-Kondapur, |
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Country : |
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Financials (as
on) : |
31.03.2011 |
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Date of
Incorporation : |
06.06.2007 |
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Com. Reg. No.: |
01-054320 |
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Capital
Investment / Paid-up Capital : |
Rs.3.103 millions |
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CIN No.: [Company Identification
No.] |
U45200AP2007PTC054320 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
HYDPO5221G |
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PAN No.: [Permanent Account No.] |
AAAEC4555A |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Distributor of Scientific Items. |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B (27) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 16000 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having moderate track. Reserve of
the company seems to be insufficient. However, trade relations are reported as
fair. Business is active. Payments are reported to be slow but correct. The company can be considered for business dealings with some caution.
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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 – June 30, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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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 |
RBI DEFAILTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAILTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
LOCATIONS
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Registered Office : |
Plot No.34, Cyber Meadows, Maseedbanda-Kondapur, |
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Tel. No.: |
91-40-64558822/ 42022135/ 40153125/ 64556674 |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
DIRECTORS
As on 30.09.2011
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Name : |
Mr. Raghurama Rao Pamidi |
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Designation : |
Director |
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Address : |
APT-G2, Reliance Homes, H.No.8-2-547/R, Road No.7, Banjara Hills, |
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Date of Birth/Age : |
16.01.1966 |
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Date of Appointment : |
06.06.2007 |
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DIN No.: |
01664277 |
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Other Directorship :
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Name : |
Mrs. Sharmila Pamidi |
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Designation : |
Director |
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Address : |
H.No.8-2-547/R, |
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Date of Birth/Age : |
10.08.1967 |
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Date of Appointment : |
06.06.2007 |
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DIN No.: |
01675229 |
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Other Directorship :
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
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Names of Shareholders |
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No. of Shares |
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Raghurama Rao Pamidi |
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209400 |
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Sharmila Pamidi |
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100900 |
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Total
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310300 |
As on 16.02.2012
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Names of Allottees |
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No. of Shares |
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Raghurama Rao Pamidi |
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10000 |
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Sharmila Pamidi |
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27500 |
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Krishnamma Pamidi |
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52200 |
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Total
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89700 |
As on 30.09.2011
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Equity Share Breakup |
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Percentage of Holding |
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Category |
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Directors
or relatives of directors |
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100.00 |
BUSINESS DETAILS
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Line of Business : |
Distributor of Scientific Items. |
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Products/ Services : |
v Filteration and Separation v Weighing and Inspection Systems v Chromatography and Labware |
GENERAL INFORMATION
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Customers : |
v
Dr. Reddy’s v
Matrix Laboratories Limited v
Hetero v
NATCO v
v
SMS Pharmaceuticals Limited v
Brilliant Industries v
Symed Laboratories Limited v
MSN Laboratories Limited v
Gland |
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No. of Employees : |
Not Available |
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Bankers : |
Bank of |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Sarath and Associates Chartered Accountants |
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Address : |
Plot # 61, 2nd Floor, Nagarjuna Hills, Punjagutta, |
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Tel. No.: |
91-40-23354322/ 23357090 |
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Fax No.: |
91-40-23356716 |
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E-Mail: |
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Income-tax
PAN of auditor or auditor's firm : |
AAGFS7355A |
CAPITAL STRUCTURE
After 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
500000 |
Equity Shares |
Rs.10/- each |
Rs.5.000 millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
400000 |
Equity Shares |
Rs.10/- each |
Rs.4.000 millions |
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As on 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
500000 |
Equity Shares |
Rs.10/- each |
Rs.5.000 millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
|
310300 |
Equity Shares |
Rs.10/- each |
Rs.3.103 millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
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SHAREHOLDERS FUNDS |
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1] Share Capital |
3.103 |
0.100 |
0.100 |
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2] Share Application Money |
0.336 |
3.853 |
3.370 |
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3] Reserves & Surplus |
0.562 |
0.138 |
0.006 |
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
4.001 |
4.091 |
3.476 |
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LOAN FUNDS |
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1] Secured Loans |
4.696 |
2.025 |
0.000 |
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2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
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TOTAL BORROWING |
4.696 |
2.025 |
0.000 |
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DEFERRED TAX LIABILITIES |
0.032 |
0.006 |
0.005 |
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TOTAL |
8.729 |
6.122 |
3.481 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
1.375 |
0.067 |
0.036 |
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Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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INVESTMENT |
4.060 |
4.060 |
4.060 |
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DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
1.074
|
1.239
|
0.000 |
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Sundry Debtors |
3.995
|
3.999
|
0.000 |
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Cash & Bank Balances |
0.072
|
0.052
|
0.051 |
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Other Current Assets |
0.947
|
0.218
|
0.000 |
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Loans & Advances |
0.155
|
0.025
|
0.025 |
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Total
Current Assets |
6.243
|
5.533
|
0.076 |
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Less : CURRENT
LIABILITIES & PROVISIONS |
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Sundry Creditors |
1.533
|
2.772
|
0.000 |
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Other Current Liabilities |
1.301
|
0.771
|
0.777 |
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Provisions |
0.164
|
0.060
|
0.001 |
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Total
Current Liabilities |
2.998
|
3.603
|
0.778 |
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Net Current Assets |
3.245
|
1.930
|
(0.702) |
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MISCELLANEOUS EXPENSES |
0.049 |
0.065 |
0.087 |
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TOTAL |
8.729 |
6.122 |
3.481 |
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PROFIT & LOSS
ACCOUNT
|
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PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
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SALES |
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Sales |
20.195 |
6.492 |
0.799 |
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Service Charges Received |
1.429 |
0.594 |
0.350 |
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Professional Consultancy Charges Received |
0.000 |
0.168 |
0.000 |
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Increase/Decrease in Stock |
(0.165) |
1.239 |
0.000 |
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TOTAL (A) |
21.459 |
8.493 |
1.149 |
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Less |
EXPENSES |
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Purchases |
16.295 |
6.825 |
0.000 |
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Administrative Expenses |
4.101 |
1.408 |
1.116 |
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Preliminary Expenses w/off |
0.016 |
0.022 |
0.022 |
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TOTAL (B) |
20.412 |
8.255 |
1.138 |
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Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
1.047 |
0.238 |
0.011 |
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Less |
FINANCIAL
EXPENSES (D) |
0.395 |
0.040 |
0.001 |
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|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
0.652 |
0.198 |
0.010 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.038 |
0.004 |
0.006 |
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PROFIT BEFORE
TAX (E-F) (G) |
0.614 |
0.194 |
0.004 |
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Less |
TAX (H) |
0.164 |
0.061 |
0.000 |
|
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|
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|
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|
PROFIT AFTER TAX
(G-H) (I) |
0.450 |
0.133 |
0.004 |
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|
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|
Deferred Tax
Liability/ Asset |
(0.026) |
(0.001) |
(0.001) |
|
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Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
0.138 |
0.006 |
0.003 |
|
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|
BALANCE CARRIED
TO THE B/S |
0.562 |
0.138 |
0.006 |
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|
Earnings Per
Share (Rs.) |
1.45 |
13.30 |
0.40 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
2.10 |
1.57
|
0.35 |
|
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|
Net Profit Margin (PBT/Sales) |
(%) |
3.04 |
2.99
|
0.50 |
|
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|
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|
Return on Total Assets (PBT/Total Assets} |
(%) |
8.06 |
3.46
|
3.60 |
|
|
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|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.15 |
0.05
|
0.00 |
|
|
|
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|
Debt Equity Ratio (Total Liability/Networth) |
|
1.92 |
1.38
|
0.22 |
|
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|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.08 |
1.54
|
0.10 |
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 |
No |
|
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 three years |
Yes |
|
12) Profitability
for last three years |
Yes |
|
13) Reasons for
variation <> 20% |
-- |
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14) Estimation
for coming financial year |
No |
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15) Capital in
the business |
Yes |
|
16) Details of sister
concerns |
No |
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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 involved in |
-- |
|
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 |
|
31) PAN of
Proprietor/Partner/Director, if available |
No |
|
32) Passport No of
Proprietor/Partner/Director, if available |
No |
|
33) Voter ID No of Proprietor/Partner/Director,
if available |
No |
Note:
The registered office of the company has been shifted from APT- G2,
Reliance Homes, H.No.8-2-547/R, Road No:7, Banjara Hills, Hyderabad - 500 034, Andhra
Pradesh to the present address w.e.f. 20.07.2009.
FINANCIAL RESULTS:
During the period, the Company achieved turnover of Rs.21.625 millions
and Net profit of Rs.0.562 million after providing interest and depreciation
and other necessary provisions.
FORM 8:
|
Corporate
identity number of the company |
U45200AP2007PTC054320 |
|
Name of the
company |
PAMIDI RSB BUILD-TECH PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
Plot No.34, Cyber Meadows,
Maseedbanda-Kondapur, E-Mail: spraghu@qmaiI.com |
|
This form is for |
Modification of
charge |
|
Charge
identification number of the modified |
10204911 |
|
Type of charge |
Book Debts Movable Property
(not being pledge) |
|
Particular of
charge holder |
Bank of E-Mail: jubiIee@bankofbaroda.com |
|
Nature of
description of the instrument creating or modifying the charge |
Composite
hypothecation agreement for stocks/book debts/vehicles/movable machinery |
|
Date of instrument
Creating the charge |
12.10.2010 |
|
Amount secured by
the charge |
Rs.4.000 millions
|
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: 5.50% over base
rate with monthly rests. presently 14.00% Terms of
Repayment: 12 months Margin: 25.00% Extent and
Operation of the charge: Equitable
mortgage of house property situated at Flat No.201, Xenosummit, Jaihind
Enclave, Madhapur, |
|
Short particulars
of the property charged |
Equitable
mortgage of house property situated at Flat No.201, Xenosummit, Jaihind
Enclave, Madhapur, Hypothecation of
Stocks and Book Debts. |
|
Particulars of
the present modification |
Increased cash
credit limit from Rs.2.400 millions to Rs.4.000 millions. |
FIXED ASSETS:
v Furniture and Fixtures
v Computer
v Vehicles
v Office Equipment
WEBSITE DETAILS:
PROFILE:
Subject is an authorized distributor for Pall India Private
Limited in Andhra Pradesh. Pall Corporation is a billion $ US company providing
Filtration and separation across the globe. It has got a state of the art lab
for validation studies at
They are distributors for ISHIDA INDIA Private Limited ISHIDA is world leader
in Weighing and Inspection systems. Apart from Laboratory Balances and
Platform Scales ISHIDA is known for its Check weigher, Metal Detectors, X-Ray
Inspection systems, Multi head weigher and Packaging Machines
They are also distributors for Saint Gobain (performance plastics division),
They are distributing their tubings HPLC/GC vials and septas(used for
analytics) and other lab-ware items made of PTFE. Only Saint Gobain Septa liner
material has got DMF number and material supplied has high tolerance limits.
Low bleed, optimal chemical resistance, resists coring high injection life
rating. High puncture tolerance, excellent reseals ability. USP class 1 type
glass for vials, certificate of high quality and document support.
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.55.77 |
|
|
1 |
Rs.86.75 |
|
Euro |
1 |
Rs.68.32 |
INFORMATION DETAILS
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
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 |
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 |
|
27 |
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.