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Report Date : |
04.08.2012 |
IDENTIFICATION DETAILS
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Name : |
ARVIND PD COMPOSITES PRIVATE LIMITED |
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Registered
Office : |
Arvind Mills Premises, |
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Country : |
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Date of
Incorporation : |
02.07.2011 |
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Com. Reg. No.: |
11-039290 |
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Capital
Investment/ Paid-up Capital: |
Rs.0.810 Million |
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CIN No.: [Company Identification No.] |
U25190MH1986PTC039290 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
AHMA11078E |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and Exporter of Glass Products, Engineering Products,
Machinery, Equipments and Accessories |
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No. of
Employees: |
Information denied by management |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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Status : |
New Business |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company establishing it self gradually. The company
is about to complete one full year of business operation and management has
denied to disclose any details. Business is active. Payment terms are
unknown. Initially the company can be considered for business dealings on a
safe and secured trade terms and conditions.
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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.
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.
INFORMATION DENIED BY
MANAGEMENT NON CO –OPERATIVE
2764 -395000
LOCATIONS
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Registered Office : |
Arvind Mills Premises, |
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Tel. No.: |
Not Available |
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Fax No.: |
Not Available |
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E-Mail : |
DIRECTORS
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Name : |
Jayesh Kanitlal Shah |
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Designation : |
Additional Director |
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Address : |
26 Maaltas Bunglows, Vastrapur, Ahmedabad – 380015, |
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Date of Birth/Age : |
25.05.1960 |
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Date of Appointment : |
09.04.2012 |
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Din No.: |
00008349 |
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Name : |
Mr. Punit Sanjay Lalbhai |
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Designation : |
Additional Director |
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Address : |
Lalbaug, Shahibaug, Ahmedabad -380004, |
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Date of Birth/Age : |
12.03.1982 |
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Date of Appointment : |
21.11.2011 |
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Din No.: |
05125502 |
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Name : |
Mr. Jagdish Gajanand Dalal |
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Designation : |
Director |
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Address : |
5-Malay Society, Oppsote. Sumel Flats, Near manekbaug Hall, Ambavadi,
Ahmedabad -380015, |
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Date of Birth/Age : |
04.06.1961 |
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Din No.: |
00009785 |
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.06.2011
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Names of Shareholders |
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No. of Shares |
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Aravind limited, |
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9999 |
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Jagsih Dalal |
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1 |
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Total |
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10000 |
As on 23.03.2012
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Names of Allottees |
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No. of Shares |
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Aravind limited, |
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200 |
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P.D Glasseiden Gmbh |
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9800 |
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Total |
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10000 |
As on 31.03.2012
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Names of Allottees |
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No. of Shares |
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Aravind limited, |
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31110 |
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P.D Glasseiden Gmbh |
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29890 |
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Total |
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61000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Exporter of Glass Products, Engineering Products,
Machinery, Equipments and Accessories |
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No. of Employees : |
Information denied by management |
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Bankers : |
Not Available |
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Banking
Relations : |
-- |
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Auditors : |
Not Available |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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200000 |
Equity Share |
Rs.10/- each |
Rs.2.000 Millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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81000 |
Equity Share |
Rs.10/- each |
Rs.0.810
Million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW BUSINESS
LOCAL AGENCY FURTHER INFORMATION
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Available
in Report [Yes/No] |
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Year
of Establishment |
Yes |
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Locality
of the Firm |
Yes |
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Constitution
of the firm |
Yes |
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Premises
details |
No |
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Type
of Business |
Yes |
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Line
of Business |
Yes |
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Promoters
background |
Yes |
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No.
of Employees |
No |
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Name
of Person Contacted |
No |
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Designation
of contact person |
No |
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Turnover
of firm for last three years |
No |
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Profitability
for last three years |
No |
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Reasons
for variation <> 20% |
- |
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Estimation
for coming financial year |
No |
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Capital
the business |
Yes |
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Details
of sister concerns |
No |
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Major
Suppliers |
No |
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Major
Customers |
No |
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Payment
Terms |
No |
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Export
/ Import Details [If Applicable] |
No |
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Market
Information |
- |
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Litigations
that the firm / promoter involved in |
- |
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Banking
Details |
No |
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Banking
Facility Details |
No |
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Conduct
of the banking account |
- |
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Buyer
visit details |
- |
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Financials,
if provided |
No |
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Incorporation
details, if applicable |
No |
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Last
accounts filed at ROC |
No |
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Major
Shareholders, if applicable |
Yes |
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PAN of Proprietor/Partner/Director,
if available |
No |
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Passport No of
Proprietor/Partner/Director, if available |
No |
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Voter ID No of
Proprietor/Partner/Director, if available |
No |
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 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.56.08 |
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1 |
Rs.87.03 |
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Euro |
1 |
Rs.68.36 |
INFORMATION DETAILS
|
Information
Gathered by : |
SBA |
|
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Report Prepared
by : |
BYI |
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.