1. Summary Information
|
|
|
Country |
India |
|
Company Name |
ALEXIS ENTERPRISES PRIVATE LIMITED |
Principal Name 1 |
Mr. Sudhir Kumar |
|
Status |
Moderate |
Principal Name 2 |
Mr. Ankur Chopra |
|
|
|
Registration # |
55-097287 |
|
Street Address |
210, DDA Complex, Pocket B, Ashok Vihar, Phase III, Delhi – 110052, India |
||
|
Established Date |
02.12.1998 |
SIC Code |
-- |
|
Telephone# |
91-11-27436364 |
Business Style 1 |
Manufacturer |
|
Fax # |
91-11-27452277 |
Business Style 2 |
Exporter |
|
Homepage |
-- |
Product Name 1 |
-- |
|
# of employees |
Not Available |
Product Name 2 |
Road Safety Equipments |
|
Paid up capital |
Rs.7,372,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or
relatives of Directors - 77.00% Other top fifty shareholders -
23.00% |
Banking |
Yes Bank Limited |
|
Public Limited Corp. |
NO |
Business Period |
14 Years |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
B (30) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Alexis Infrastructure |
-- |
Related
Parties |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
15,326,000 |
Current Liabilities |
16,294,000 |
|
Inventories |
9,821,000 |
Long-term Liabilities |
1,525,000 |
|
Fixed Assets |
7,061,000 |
Other Liabilities |
1,172,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
18,991,000 |
|
Invest& other Assets |
2,851,000 |
Retained Earnings |
8,696,000 |
|
|
0 |
Net Worth |
16,068,000 |
|
Total Assets |
35,059,000 |
Total Liab. & Equity |
35,059,000 |
|
Total Assets (Previous Year) |
37,183,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
118,882,000 |
Net Profit |
1,567,000 |
|
Sales(Previous yr) |
83,903,000 |
Net Profit(Prev.yr) |
1,280,000 |
|
Report Date : |
09.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
ALEXIS ENTERPRISES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
210, DDA Complex, Pocket B, Ashok Vihar, Phase III, Delhi – 110052 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
02.12.1998 |
|
|
|
|
Com. Reg. No.: |
55-097287 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.7.372 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U31903DL1998PTC097287 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Road Safety Equipments.
|
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (30) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 64000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track record.
Profitability of the company appears to be low. However, trade relations are
reported to be fair. Business is active. Payments are reported to be slow but
correct. The company can be considered for business dealings with some
caution. |
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 |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ 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 : |
210, DDA Complex, Pocket B, Ashok Vihar, Phase III, Delhi – 110052, India |
|
Tel. No.: |
91-11-27436364/27446070 |
|
Fax No.: |
91-11-27452277 |
|
E-Mail : |
DIRECTORS
As on 29.09.2010
|
Name : |
Mr. Sudhir Kumar |
|
Designation : |
Director |
|
Address : |
39A, Krishna Enclave, Ashok Vihar, Phase – II, Delhi – 110052,
India |
|
Date of Birth/Age : |
22.12.1962 |
|
Date of Appointment : |
02.12.1998 |
|
DIN No.: |
00111983 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U74899DL1991PTC043953 |
ALEXIS
INFOTECH AND MARKETING PRIVATE LIMITED |
Director |
15/04/1991 |
15/04/1991 |
11/01/2008 |
Active |
NO |
|
2 |
U31903DL1998PTC097287 |
ALEXIS
ENTERPRISES PRIVATE LIMITED |
Director |
02/12/1998 |
02/12/1998 |
- |
Active |
NO |
|
3 |
U72900DL2009PTC192542 |
ALEXIS
INFRASTRUCTURES PRIVATE LIMITED |
Director |
23/07/2009 |
23/07/2009 |
- |
Active |
NO |
|
Name : |
Mr. Ankur Chopra |
|
Designation : |
Director |
|
Address : |
DP 222, Pitam Pura, Delhi – 110034, India |
|
Date of Appointment : |
30.09.2004 |
|
DIN No.: |
00291601 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U31903DL1998PTC097287 |
ALEXIS
ENTERPRISES PRIVATE LIMITED |
Director |
30/09/2004 |
30/09/2004 |
- |
Active |
NO |
|
2 |
U74899DL1991PTC043953 |
ALEXIS
INFOTECH AND MARKETING PRIVATE LIMITED |
Director |
15/06/2006 |
15/06/2006 |
11/01/2008 |
Active |
NO |
|
3 |
U72900DL2009PTC192542 |
ALEXIS
INFRASTRUCTURES PRIVATE LIMITED |
Director |
23/07/2009 |
23/07/2009 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 29.09.2010
|
Names of Shareholders |
|
No. of Shares |
|
|
|
|
|
Sudhir Kumar |
|
446640 |
|
Nita Singh |
|
120000 |
|
Ankur Chopra |
|
168560 |
|
Sunita G. Kriplani |
|
2000 |
|
Total |
|
737200 |
As on 29.09.2010
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
77.00 |
|
Other top fifty shareholders |
23.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Road Safety Equipments. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
·
Yes Bank Limited, 9th Floor, Nehru Centre,
Discovery of India, Dr. Annie Besant Road, Worli,, Mumbai - 400018, Maharashtra,
India ·
Canara Bank, Wazirpur, (Ashok Vihar), Delhi -
110052, India |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
ANM and Associates Chartered Accountants |
|
Address : |
31, Todarmal Lane, Bengali Market, New Delhi – 110001, India |
|
PAN No.: |
AAKFA0060E |
|
|
|
|
Related Parties : |
·
Aditi Enterprises ·
Alexis Infrastructure |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
900000 |
Equity Shares |
Rs.10/- each |
Rs.9.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
737200 |
Equity Shares |
Rs.10/- each |
Rs.7.372
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 |
7.372 |
7.372 |
7.372 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
8.696 |
7.128 |
5.848 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
16.068 |
14.500 |
13.220 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
1.525 |
3.838 |
1.603 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
1.525 |
3.838 |
1.603 |
|
|
DEFERRED TAX LIABILITIES |
0.239 |
0.182 |
0.170 |
|
|
|
|
|
|
|
|
TOTAL |
17.832 |
18.520 |
14.993 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
7.061 |
7.688 |
7.118 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
2.851 |
0.851 |
0.851 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
9.821
|
15.668 |
10.410 |
|
|
Sundry Debtors |
7.887
|
9.668 |
11.912 |
|
|
Cash & Bank Balances |
2.280
|
0.840 |
0.358 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
5.159
|
2.460 |
1.018 |
|
Total
Current Assets |
25.147
|
28.636 |
23.698 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
14.261
|
8.854 |
16.104 |
|
|
Other Current Liabilities |
2.033
|
9.262 |
(0.018) |
|
|
Provisions |
0.933
|
0.547 |
0.604 |
|
Total
Current Liabilities |
17.227
|
18.663 |
16.690 |
|
|
Net Current Assets |
7.920
|
9.973 |
7.008 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.008 |
0.016 |
|
|
|
|
|
|
|
|
TOTAL |
17.832 |
18.520 |
14.993 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
118.882 |
83.903 |
85.840 |
|
|
|
Difference in Exchange Rates |
0.326 |
0.061 |
(0.397) |
|
|
|
Other Income |
0.122 |
0.174 |
0.102 |
|
|
|
TOTAL |
119.330 |
84.138 |
85.545 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
109.600 |
77.096 |
78.303 |
|
|
|
Working & Other Expenses |
6.648 |
4.601 |
4.808 |
|
|
|
Deferred Revenue Expenses Written Off |
0.008 |
0.008 |
0.008 |
|
|
|
TOTAL |
116.256 |
81.705 |
83.119 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
3.074 |
2.433 |
2.426 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.756 |
0.623 |
0.640 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
2.318 |
1.810 |
1.786 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.751 |
0.530 |
0.616 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
1.567 |
1.280 |
1.170 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
1.567 |
1.280 |
1.170 |
|
|
|
|
|
|
|
|
|
|
TOTAL IMPORTS |
22.600 |
5.057 |
9.886 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
3.14 |
1.74 |
1.14 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.31
|
1.52 |
1.37 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.95
|
2.16 |
2.08 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
7.20
|
4.98 |
5.80 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.14
|
0.12 |
0.14 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.17
|
1.55 |
1.38 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.46
|
1.53 |
1.42 |
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 |
Yes |
|
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 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] |
Date of Birth of
Director, if available |
Yes |
|
32] |
PAN of Director, if
available |
No |
|
33] |
Voter ID No of Director,
if available |
No |
|
34] |
External Agency Rating,
if available |
No |
Note:
The registered office address of the company has shifted from “39A,
Krishna Enclave, Ashok Vihar, Phase – II, Delhi – 110052, India” to the present
address w.e.f. 01.01.2010
Operations:
The Company during the year has achieved a turnover of Rs. 118.882
Millions as compared to Rs. 83.903 Millions in the previous year. The Profit
before Tax has increased from Rs. 1.809 Millions in the previous year to Rs.
2.318 Millions in the present year.
Bankers Charges
Report as per Registry
|
Corporate identity number of the company |
U31903DL1998PTC097287 |
|
Name of the company |
ALEXIS ENTERPRISES PRIVATE LIMITED |
|
Address of the registered office or of the principal place of business in India of the company |
210, DDA Complex, Pocket B, Ashok Vihar, Phase III, Delhi –
110052, India E-mail id : info@alexiscorp.com
|
|
This form is for |
Modification of charge |
|
Charge identification (ID) number of the charge to be modified |
10324527 |
|
Type of charge |
Immovable property Any interest in immovable property Book debts Movable property (not being pledge) Floating charge Others (Modification of charge on property.) |
|
Particular of charge holder |
Yes Bank Limited, 9th Floor, Nehru Centre, Discovery Of India, Dr.
Annie Besant Road, Worli, Mumbai – 400018, Maharashtra, India E-mail Id : dlrbcaddel@yesbank.in
|
|
Nature of instrument creating charge |
Memorandum of Equitable Mortgage Dated 16.01.2012 |
|
Date of instrument Creating the charge |
16.01.2012 |
|
Amount secured by the charge |
Rs.17.000 Millions |
|
Brief of the principal terms an conditions and extent and operation of
the charge |
Rate of Interest CC-YBBR plus 2.5%, EROI 13% p.a. WCDL (S.L. of CC)-YBBR plus 2 %, EROI 12.5% p.a. FLC - Comm: 1.50% p.a. on the FLC (payable upfrnt). BG(F/P) (S. L. of FLC) -Comm:1.50% p.a. on FBG/PBG amount (payable
upfrnt) Terms of Repayment CC - Repayable on Demand. WCDL (sub limit of CC) - Up to 90 days. FLC - 120 days (Including Usance period of 90 days). BG (F/P) (sub limit of FLC) - 24 Months (Including claim period, if
any). Margin CC - 10% on (Book Debts less than 90 Days) plus 10% on (Stocks minus
Creditors). WCDL (sub limit of CC) - 10% on (Book Debts less than 90 Days) plus
10% on (Stocks minus Creditors). FLC - 25% in the form of FDR under Lien. BG (F/P)(sub limit of FLC) - 25% FDR under Lien with YBL. Extent and Operation of the charge The facilities amount of INR 17 million is now additionally secured by
way of equitable mortgage on immovable property situated at 210, LSC, DDA
Complex, pocket - B, Phase III, Ashok Vihar, New Delhi. I. |
|
Short particulars of the property or asset(s) charged (including
complete address and location of the property) |
Address - 210, LSC, DDA Complex, pocket - B, Phase III, Ashok Vihar,
New Delhi, India |
|
Date of instrument modifying the charge |
17.11.2011 |
|
Particulars of the present modification |
The facilities amount of Rs.17.000 Million is now additionally secured
by commercial property situated at 210, LSC, DDA Complex, pocket - B, Phase
III, Ashok Vihar, New Delhi owned by M/s Alexis Enterprises Private Limited |
FIXED ASSETS
·
Computers
·
Computer Software
·
Furniture and Fittings
·
Fax Machine
·
Printer
·
Office Equipments
·
Plant and Machinery
·
Office Building
·
Air Condition
·
Mobile
·
Car
·
Telephone Equipments
·
Trade Mark
·
Paper Shreddar Machine
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.55.50 |
|
|
1 |
Rs.86.40 |
|
Euro |
1 |
Rs.68.70 |
INFORMATION DETAILS
|
Report Prepared
by : |
BSN |
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 |
4 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
4 |
|
--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 |
|
30 |
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.