1. Summary Information
|
|
|
Country |
India |
|
Company Name |
KNOWLEDGE INFRASTRUCTURE SYSTEMS PRIVATE LIMITED |
Principal Name 1 |
Mr. Rahul Bhandare |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Vipin Mahajan |
|
|
|
Registration # |
55-123166 |
|
Street Address |
G – 02, Salcon
Aurum Complex, 4 Commercial Centre, Jasola, New Delhi – 110025 |
||
|
Established Date |
20.11.2003 |
SIC Code |
-- |
|
Telephone# |
91-11-41651071/
46067070 |
Business Style 1 |
Trader |
|
Fax # |
91-11-41651074 |
Business Style 2 |
Importer |
|
Homepage |
Not Available |
Product Name 1 |
Coal |
|
# of employees |
Not Available |
Product Name 2 |
|
|
Paid up capital |
Rs.192,507,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or
relatives of Directors – 100 % |
Banking |
State Bank of
India |
|
Public Limited Corp. |
No |
Business Period |
9 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
Ba
(47) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Subsidiaries |
India |
Fit Infra-Trade Development Company Private
Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
2,692,944,000 |
Current Liabilities |
1194,231,000 |
|
Inventories |
1,102,550,000 |
Long-term Liabilities |
771,551,000
|
|
Fixed Assets |
221,323,000 |
Other Liabilities |
0 |
|
Deferred Assets |
12,153,000 |
Total Liabilities |
1,965,782,000 |
|
Invest& other Assets |
117,312,000 |
Retained Earnings |
1,987,993,000 |
|
|
|
Net Worth |
2,180,500,000 |
|
Total Assets |
4,146,282,000 |
Total Liab. & Equity |
4,146,282,000 |
|
Total Assets (Previous Year) |
4,047,576,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales (Including Other Income) |
9,014,040,000 |
Net Profit |
112,390,000 |
|
Sales(Previous yr) |
15,823,356,000 |
Net Profit(Prev.yr) |
1,211,782,000 |
MIRA
INFORM REPORT
|
Report Date : |
08.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
KNOWLEDGE INFRASTRUCTURE SYSTEMS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
G – 02, Salcon Aurum Complex, 4 Commercial Centre, Jasola, New Delhi –
110025 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
20.11.2003 |
|
|
|
|
Com. Reg. No.: |
55-123166 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.192.507 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U80903DL2003PTC123166 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELK06416E |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCK4380L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader and Importer of Coal |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (47) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 8700000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established trader in coal having strong capital
base. Trade relation are reported to be fair. Business is active. Payment are
reported to be usually correct and as per commitment. 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 – June 30, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
BBB (Long term Rating) |
|
Rating Explanation |
Having Moderate degree of safety regarding timely servicing of
financial obligation, it carry moderate credit risk. |
|
Date |
15.04.2010 |
|
Rating Agency Name |
CRISIL |
|
Rating |
A2 (Short term Bank Guarantee) |
|
Rating Explanation |
Having strong degree of safety regarding timely payment of financial
obligation, it carry low credit risk. |
|
Date |
15.04.2010 |
RBI DEFAULTERS’ 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
|
Registered Office : |
G – 02, Salcon Aurum Complex, 4 Commercial Centre, Jasola, New Delhi –
110025, India |
|
Tel. No.: |
91-11-41651071/ 46067070 |
|
Mobile No.: |
Not Available |
|
Fax No.: |
91-11-41651074 |
|
E-Mail : |
|
|
|
|
|
Branches : |
Located at
Mumbai:
, Address: 45-46, A Wing, Mittal Court,
Nariman point, Mumbai- 400021, India
Tel. No.: 91-22-40097070 Fax No.: 91-22-22850808 E-Mail : contact@knowledgegroup.in Bhusawal,
Plot no. 50, Nandanvan Colony,
Near Savitri Mandir, Bhusawal - 425 201. Dist.,Jalgaon
Nagpur, 1 – B, Jayaka Apartments, Near V.C.A Stadium, Civil Lines, Nagpur – 440001 Nasik,
Flat No.102, Akshardhara ‘ C’ Building, Opposite Garva Rasvanti Gruha,
Upnagar Nasik - 422006 Parli, Hotel Kfaveri Plaza Room No.208, Near Bus Stand, Halge Market,District
Beed, Parli – 431515 Vizag,
Flat No. 401, Vishnu Apartments, Darspalla Hills, Visakhapatnam –
530002 Chennai,
Chandrika Chembers, 4 Antony Street Opposite Pilot Theatre,
Royapettah, Chennai - 600014 |
|
|
|
DIRECTORS
As on 23.09.2011
|
Name : |
Mr. Rahul Bhandare |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
1-2, Maharani Bagh, New Delhi, Delhi – 110065, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
11.12.1963 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
20.11.2003 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
00659597 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Vipin Mahajan |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
3/65, 2nd Floor, Roop Nagar, New Delhi, Delhi – 110006,
India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
01.05.1966 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
22.09.2006 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
01080539 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 23.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Mr. Rahul Bhandare |
|
19156000 |
|
Mrs. Namita Bhandare |
|
94000 |
|
Mr. Bimal Desai |
|
100 |
|
Mr. Dharminder Singh |
|
100 |
|
Mrs. Manali Singhal |
|
100 |
|
Mr. Atul Agarwal |
|
100 |
|
Mr. Ramakant Desai |
|
100 |
|
Mr. Sanjay Poddar |
|
100 |
|
Mr. Vipin Mahajan |
|
100 |
|
Total |
|
19250700 |
Equity Share Break up (Percentage of Total Equity)
As on 23.09.2011
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader and Importer of Coal |
GENERAL INFORMATION
|
Customers : |
·
SAIL ·
BSES ·
MMTC ·
MSEB ·
Rio Tinto ·
Noble Energy ·
Glencore ·
Bulk Trading ·
Digvijay Cements ·
Tata Power ·
MALCO ·
GHCL ·
PSEB ·
Jindal group,etc |
||||||||||||
|
|
|
||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
·
State Bank of India, Overseas Branch, World Trade
Centre, Cuffe Parade, Mumbai – 400005, Maharashtra, India |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
(Rs. In Millions)
|
|
|
|
|
Banking
Relations : |
----- |
|
|
|
|
Auditors : |
|
|
Name : |
BSR and Associated Chartered Accountant |
|
Address : |
8th Floor, Tower – B, Building 10, Cyber City, DLF Phase – II,
Gurgaon – 122002, Delhi, India |
|
PAN No.: |
AADFB6889R |
|
|
|
|
Name : |
R.S. Singhvi and Associates Chartered Accountant |
|
Address : |
S-5, Greater, Kailash – I, New Delhi – 110048, India |
|
PAN No.: |
AAFFR1441M |
|
|
|
|
Associates /Subsidiaries: |
·
Fit Infra-Trade Development Company Private
Limited (CIN No – U45400DL2007PTC168672) ·
Knowledge Realty Systems Private Limited (CIN No
U70100DL2010PTC211710) |
|
|
|
CAPITAL STRUCTURE
As on 23.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000000 |
Equity Shares |
Rs.10/- Each |
Rs.500.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
19250700 |
Equity Shares |
Rs.10/- Each |
Rs.192.507
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 |
192.507 |
192.507 |
137.500 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
1987.993 |
1909.278 |
784.277 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
2180.500 |
2101.785 |
921.777 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
771.551 |
0.052 |
204.145 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
771.551 |
0.052 |
204.145 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
1.262 |
|
|
|
|
|
|
|
|
TOTAL |
2952.051 |
2101.837 |
1127.184 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
221.323 |
23.071 |
26.239 |
|
|
Capital work-in-progress |
111.298 |
87.120 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
6.014 |
255.838 |
164.947 |
|
|
DEFERREX TAX ASSETS |
12.153 |
0.357 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
1102.550
|
455.677 |
865.898 |
|
|
Sundry Debtors |
1247.052
|
1329.182 |
1352.654 |
|
|
Cash & Bank Balances |
1132.511
|
1781.672 |
813.783 |
|
|
Other Current Assets |
7.795
|
7.067 |
0.000 |
|
|
Loans & Advances |
305.586
|
107.592 |
75.267 |
|
Total
Current Assets |
3795.494
|
3681.190 |
3107.602 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
1039.074
|
1395.385 |
1873.744 |
|
|
Other Current Liabilities |
114.170
|
116.072 |
131.249 |
|
|
Provisions |
40.987
|
434.282 |
166.611 |
|
Total
Current Liabilities |
1194.231
|
1945.739 |
2171.604 |
|
|
Net Current Assets |
2601.263
|
1735.451 |
935.998 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
2952.051 |
2101.837 |
1127.184 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
15823.356 |
9266.065 |
|
|
|
Other Income |
|
406.381 |
(337.168) |
|
|
|
TOTAL (A) |
9014.040 |
16229.737 |
8888.897 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of goods sold |
|
13777.290 |
7555.684 |
|
|
|
Operating and Administration Expenses |
|
129.075 |
73.341 |
|
|
|
Personnel Expenses |
|
303.356 |
213.872 |
|
|
|
TOTAL (B) |
8772.990 |
14209.721 |
7842.897 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
241.050 |
2020.016 |
1046.000 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
87.030 |
106.153 |
78.266 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
154.020 |
1913.863 |
967.734 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
17.150 |
5.779 |
6.041 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
136.870 |
1908.084 |
961.693 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
24.480 |
696.302 |
329.871 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
112.390 |
1211.782 |
631.822 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
1556.780 |
559.277 |
157.890 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
10.000 |
127.500 |
150.000 |
|
|
|
Proposed Dividend |
28.880 |
74.175 |
68.750 |
|
|
|
Dividend Tax |
4.800 |
12.606 |
11.684 |
|
|
BALANCE CARRIED
TO THE B/S |
1625.490 |
1556.778 |
559.278 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
1372.92 |
209.569 |
145.608 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
5.84 |
81.68 |
79.25 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.25
|
7.47 |
7.11 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
N.A
|
12.06 |
10.38 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.41
|
51.51 |
30.69 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.06
|
0.91 |
1.04 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.90
|
0.93 |
2.58 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.18
|
1.89 |
1.43 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
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% |
------- |
|
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 involved in |
----------- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
No |
|
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 |
|
34] |
External Agency Rating,
if available |
Yes |
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate identity number of the company |
U80903DL2003PTC123166 |
|
Name of the company |
KNOWLEDGE
INFRASTRUCTURE SYSTEMS PRIVATE LIMITED |
|
Address of the registered office or of the principal place of business in India of the company |
G – 02, Salcon Aurum Complex, 4 Commercial Centre, Jasola, New Delhi –
110025, India Email: kjain@knowledgegroup.in |
|
This form is for |
Modification
of charge |
|
Charge identification (ID) number of the charge to be modified |
10166084 |
|
Type of charge |
·
Immovable
property ·
Book debts ·
Movable
property (not being pledge) ·
O/S Decrees, Money receivables, Government subsidies etc. |
|
Particular of charge holder |
PUNJAB NATIONAL BANK,
Large Corporate Branch, Tolstoy House, Tolstoy Marg, New Delhi, Delhi –
110001, India Email: bo2164@pnb.co.in |
|
Nature of instrument creating charge |
Copy of
Memorandum of entry dated 25.04.2012 |
|
Date of instrument Creating the charge |
25.04.2012 |
|
Amount secured by the charge |
Rs. 4450.000 Millions |
|
Brief of the principal terms an conditions and extent and operation of
the charge |
Rate of Interest
AS PER AGREEMENT Terms of
Repayment N.A Margin N.A Extent and
Operation of the charge Securing the
working capital facilities of Rs.4450.000 Millions sanctioned by the
following bankers and secured by way of mortgage of Immovable Property 1. Punjab
National Bank - Rs. 600.000 Millions 2. Standard
Chartered Bank - Rs. 1250.000 Millions 3. Indusind Bank
Limited - Rs. 850.000 Millions 4. DBS Bank
Limited - Rs. 750.000 Millions 5. Yes Bank
Limited - Rs. 500.000 Millions 6. ING Vysya
Bank Limited - Rs. 500.000 Millions |
|
Short particulars of the property or asset(s) charged (including
complete address and location of the property) |
Equitable
mortgage of commercial property located at Unit No.G-02 situated on Ground
Floor having super area of 753.80 sq.mtrs.(8114 Sq.ft) and covered area of 452.28
sq.mtrs. (4868.2 sq.ft.) in Office-cum-Shopping Complex known as
"Salcon Aurum",Plot No.4,
situated at Non Hierarchical Commercial Centre,Jasola, New Delhi registered
in the name of company |
|
Date of instrument modifying the charge |
02.05.2011 |
|
Particulars of the present modification |
Extension of the
existing charge of PNB in respect of their NFB facility of Rs. 600.000
Millions to the following bankers in respect of sanction of their working
capital facilities of Rs. 3850.000 Millions with break up as under: 1. Standard
Chartered Bank - Rs. 1250.000 Millions 2. Indusind Bank
Limited. - Rs. 850.000 Millions 3. DBS Bank
Limited- Rs. 750.000 Millions 4. Yes Bank
Limited. - Rs. 500.000 Millions 5. ING Vysya Bank
Limited - Rs. 500.000 Millions |
Note: - Registered office of the company has been
shifted from A 2/22, Safadarjung Enclave, New Delhi – 110 029, Delhi, India to the present address w.e.f. 11.02.2011
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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.47 |
|
|
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
MRI |
|
|
|
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 |
6 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
47 |
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.