Business
information report
1. Summary Information
|
|
|
Country |
India |
|
Company Name |
CLS ENTERPRISES
PRIVATE LIMITED |
Principal Name 1 |
Mr. Rohit Sharma |
|
Status |
Small Company |
Principal Name 2 |
Mr. Mohit Shyam Sharma |
|
|
|
Registration # |
04-047148 |
|
Street Address |
1st Floor, Rishabh Corner, Office No.120, Plot No.93,
Sector-8, Gandhidham-370201, Gujarat |
||
|
Established Date |
25.11.2005 |
SIC Code |
-- |
|
Telephone# |
91-2836-226058 |
Business Style 1 |
Trader |
|
Fax # |
91-2836-230821 |
Business Style 2 |
Importer |
|
Homepage |
Product Name 1 |
Plywood |
|
|
# of employees |
25 (Approximately) |
Product Name 2 |
Veneer |
|
Paid up capital |
Rs. 100,000/- |
Product Name 3 |
Block Board |
|
Shareholders |
Bodies corporate – 0.02% Directors or
relatives of Directors – 99.98% |
Banking |
HDFC Bank Limited |
|
Public Limited Corp. |
No |
Business Period |
7 Years |
|
IPO |
No |
International Ins. |
- |
|
Public Enterprise |
No |
Rating |
B (30) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Related
Parties |
India
|
Shiv Petroleums |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
43,677,000 |
Current Liabilities |
93,000 |
|
Inventories |
9,958,000 |
Long-term Liabilities |
59,545,000 |
|
Fixed Assets |
1,416,000 |
Other Liabilities |
389,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
60,027,000 |
|
Invest& other Assets |
5,916,000 |
Retained Earnings |
840,000 |
|
|
|
Net Worth |
940,000 |
|
Total Assets |
60,967,000 |
Total Liab. & Equity |
60,967,000 |
|
Total Assets (Previous Year) |
20,076,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
40,308,000 |
Net Profit |
889,000 |
|
Sales(Previous yr) |
34,073,000 |
Net Profit(Prev.yr) |
51,000 |
|
Report Date : |
11.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
CLS ENTERPRISES PRIVATE LIMITED (w.e.f.14.04.2011) |
|
|
|
|
Formerly Known
As : |
SHIV CFS AND WAREHOUSING PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
1st Floor, Rishabh Corner, Office No.120, Plot No.93,
Sector-8, Gandhidham-370201, Gujarat |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
25.11.2005 |
|
|
|
|
Com. Reg. No.: |
04-047148 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 0.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U63020GJ2005PTC047148 |
|
|
|
|
IEC No.: |
3709001501 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAJCS4607F |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader and Importer of Plywood,
Veneer, Block Board, Flush Door, Pipe Coating Powder, SHAIC Heat Shrink, SSAB
Steel Coils and Plates, Hadeed Steel Coils and Plates, Shagang Steel Coils
and Plates, Mitsui Steel Coils and Plates etc |
|
|
|
|
No. of Employees
: |
25 (Approximately) |
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 3000 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
Slow But Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a small company in its field. It’s scale of activities are
limited. 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 |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
NSIC |
|
Rating |
SE 3C |
|
Rating Explanation |
Having moderate performance capability and financial strength is also
low |
|
Date |
-- |
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.
INFORMATION PARTED BY
|
Name : |
Mr. Rohit Sharma |
|
Designation : |
Director |
|
Contact No.: |
91-9879160100 |
|
Date : |
07.08.2012 |
LOCATIONS
|
Registered Office : |
1st Floor, Rishabh Corner, Office No.120, Plot No.93,
Sector-8, Gandhidham-370201, Gujarat, India |
|
Tel. No.: |
91-2836-226058 |
|
Mobile No.: |
91-9879160100 (Mr. Rohit Sharma) |
|
Fax No.: |
91-2836-230821 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1500 Sq. Ft. |
|
Location : |
Owned |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Rohit ShamSharma |
|
Designation : |
Director |
|
Address : |
Plot No.30, Sector-1, Ghandhidham-370201, Gujarat, India |
|
Date of Birth/Age : |
10.12.1978 |
|
Qualification : |
Bachelor’s Degree Hotel Management and MBA |
|
Experience : |
8 Years |
|
Date of Appointment : |
25.11.2005 |
|
PAN No.: |
ANMPS9040F |
|
Passport No.: |
Z1737650 |
|
DIN No.: |
00516317 |
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 |
Company/
LLP Status |
Defaulting
status |
|
1 |
U63040GJ2002PTC041700 |
AXIS
MALLS PRIVATE LIMITED |
Director |
16/12/2002 |
16/12/2002 |
Active |
NO |
|
2 |
U63020GJ2005PTC047148 |
CLS
ENTERPRISES PRIVATE LIMITED |
Director |
25/11/2005 |
25/11/2005 |
Active |
NO |
|
3 |
U55100GJ1993PTC020509 |
C L
SHARMA RESORTS PRIVATE LIMITED |
Director |
04/08/2008 |
04/08/2008 |
Active |
NO |
|
4 |
U20200GJ2008PTC052872 |
CLS INDUSTRIES
PRIVATE LIMITED |
Director |
15/05/2010 |
15/05/2010 |
Active |
NO |
|
Name : |
Mr. Mohit Shyam Sharma |
|
Designation : |
Director |
|
Address : |
Plot No.30, Sector-1, Ghandhidham-370201, Gujarat, India |
|
Date of Birth/Age : |
02.05.1982 |
|
Qualification : |
B. Com, LLB |
|
Experience : |
9 Years |
|
Date of Appointment : |
25.11.2005 |
|
PAN No.: |
ASLPS0238H |
|
Passport No.: |
Z1737639 |
|
DIN No.: |
00514250 |
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 |
Company/
LLP Status |
Defaulting
status |
|
1 |
U63040GJ2002PTC041700 |
AXIS
MALLS PRIVATE LIMITED |
Director |
16/12/2002 |
16/12/2002 |
Active |
NO |
|
2 |
U63020GJ2005PTC047148 |
CLS
ENTERPRISES PRIVATE LIMITED |
Director |
25/11/2005 |
25/11/2005 |
Active |
NO |
|
3 |
U20200GJ2008PTC052872 |
CLS
INDUSTRIES PRIVATE LIMITED |
Director |
15/05/2010 |
15/05/2010 |
Active |
NO |
|
4 |
U55100GJ1993PTC020509 |
C L
SHARMA RESORTS PRIVATE LIMITED |
Director |
01/04/2011 |
01/04/2011 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Mohit Sharam |
888 |
|
Rohit Sharma |
888 |
|
Ajay Sharma |
1 |
|
Anita Sharma |
1 |
|
Anuj Sharma |
1 |
|
Arjun Sharma |
1 |
|
Bhavna Sharma |
4101 |
|
Geeta Sharma |
1 |
|
Sapna Sharma |
4101 |
|
Padmavati Sharma |
1 |
|
Parmananad Sharma |
2 |
|
Prabhat Sharma |
1 |
|
Radha Sharma |
1 |
|
Varun Sharma |
1 |
|
Vijaybala Sharma |
1 |
|
Vinod Sharma |
1 |
|
Ashok Sharma |
1 |
|
Priya Sharma |
1 |
|
Rohit Sharma HUF |
1 |
|
Shyam Sharma HUF |
1 |
|
Vinod Sharma HUF |
1 |
|
Ashok Sharma HUF |
1 |
|
Parmanand Sharma HUF |
1 |
|
C L Sharma Resorts Private Limited, India |
1 |
|
CLS Industries Private Limited, India |
1 |
|
TOTAL
|
10000 |
AS ON 30.09.2011
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Bodies corporate |
0.02 |
|
Directors or relatives of Directors |
99.98 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader and Importer of Plywood,
Veneer, Block Board, Flush Door, Pipe Coating Powder, SHAIC Heat Shrink, SSAB
Steel Coils and Plates, Hadeed Steel Coils and Plates, Shagang Steel Coils
and Plates, Mitsui Steel Coils and Plates etc |
|
|
|
|
Products with Brand Names : |
·
Plywood, Veneer, Block
Board, Flush Door, Pipe Coating Powder, SHAIC Heat Shrink ·
Sleeves – Korea ·
SSAB Steel Coils and
Plates – Sweden ·
Hadeed Steel Coils and
Plates – Saudi Arabia ·
Shagang Steel Coils and
Plates – China ·
Mitsui Steel Coils and
Plates – Japan ·
Erdemire Steel Coils
and Plates – Turkey ·
Shandong Kaitai Steel
Shots and Grit – China ·
Tungaloy Milling Tools
– Japan ·
KCC Powder Epoxy –
Korea ·
KCC Internal Liquid ·
Epoxy – Korea ·
Hyundai EP PE and PE
Adhesive – Korea ·
Hyundai EP PP and PP
Adhesive – Korea ·
Bavaria Welding Flux
and Wires – Germany ·
Atlantic Welding Flux
and Wire – China ·
KPICC PE and PE
Adhesive – Korea ·
TOTAL PE – Belgium ·
Moharamplast PE – Egypt |
|
|
|
|
Agencies Held : |
SHAIC, Korea ·
Shagang, China ·
Shandong Kaitai, China ·
Hadeed, Saudi Arabia ·
KCC, Korea ·
KPICC, Korea ·
Bavaria, Germany ·
Moharamplast, Egypt SSAB, Sweden ·
Mitsui – Japan ·
Erdemire Steel -Turkey ·
Tungaloy, Japan ·
Hyundai EP, Korea ·
Total, Belgium ·
Atlantic Welding, China |
|
|
|
|
Imports : |
|
|
Products : |
·
Powder Epoxy ·
Liquid Epoxy ·
PE, ·
PE Adhesive ·
PP ·
PP Adhesive, ·
Welding Wires ·
Welding Flux ·
Welding Electrode ·
Lumbers ·
Heat Shrink Sleeves ·
Industries Paints ·
Steel Shots and Grit ·
Milling Tools ·
Hot Rolled Coils ·
Hot Rolled Plates ·
Seamless Pipes ·
Billets ·
HMS Scrap ·
Timber Logs |
|
Countries : |
·
Korea ·
Germany ·
China ·
Dubai ·
Egypt ·
Japan ·
Sweden ·
Turkey ·
Dubai ·
Belgium |
|
|
|
|
Terms : |
|
|
Selling : |
L/C |
|
|
|
|
Purchasing : |
90 Days |
GENERAL INFORMATION
|
Customers : |
·
End Users |
||||||||||||||||||||||||||||||
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No. of Employees : |
25 (Approximately) |
||||||||||||||||||||||||||||||
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|
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Bankers : |
·
HDFC Bank Limited ·
State Bank of India ·
The Gandhidham Mercantile Co-operative Bank
Limited |
||||||||||||||||||||||||||||||
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Facilities : |
|
||||||||||||||||||||||||||||||
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Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Khimji Kunverji and Company Chartered Accountant |
|
Address : |
Office No.1, 1st Floor, Neelam Complex, Plot No.298, Ward
12B, Gandhidham-370201, Gujarat, India |
|
Tel. No.: |
91-2836-221427 / 223567 |
|
Fax No.: |
91-2836-222835 |
|
E-Mail : |
|
|
PAN No.: |
AFJPS4128M |
|
|
|
|
Related Parties : |
·
CL Sharma Resorts Private Limited Address : SURVEY NO.98, Galpadar Anjar Road, Gandhidham, Gujarat, India Line of Business
: 4STAR HOTEL ·
CLS Industries Private Limited Address :38, 43, 44 and 45, S.No.89, Meghpar, Borichi, Anjar, Kutch, Gujarat, India Line of Business
: Manufacturing ·
Shiv Petroleums Address : Office No.120, Rishabh Corner, FF, Plot No.93, Sector-1, Gandhidham,
Gujarat, India Line of Business
: Trading ·
Quality Petroleums Address : S.NO.89, Meghpar Borichi, Galpadar-Anjar Road Gandhidham, Gujarat,
India Line of Business
: Petrolpump ·
Sharma Guest House Address : D.B.Z N-16, Collector Road Gandhidham, Gujarat, India Line of Business
: Guest House Facilities ·
Shiv Enterprises Address : Office No.120, Rishabh Corner, FF, Plot No.93, Sector-1, Gandhidham,
Gujarat, India Line of Business
: Trading |
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Shares |
Rs.10/- each |
Rs. 1.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100
Million |
|
|
|
|
|
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 |
0.100 |
0.100 |
0.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.840 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
(0.100) |
|
|
NETWORTH |
0.940 |
0.100 |
0.000 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
9.752 |
3.837 |
0.000 |
|
|
2] Unsecured Loans |
49.793 |
9.279 |
5.805 |
|
|
TOTAL BORROWING |
59.545 |
13.116 |
5.805 |
|
|
DEFERRED TAX LIABILITIES |
0.023 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
60.508 |
13.216 |
5.805 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
1.416 |
0.000 |
8.921 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
5.895 |
0.195 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
9.958
|
0.000 |
0.000 |
|
|
Sundry Debtors |
0.929
|
15.099 |
0.000 |
|
|
Cash & Bank Balances |
0.254
|
0.068 |
0.026 |
|
|
Other Current Assets |
0.016
|
0.016 |
0.000 |
|
|
Loans & Advances |
42.478
|
4.649 |
0.008 |
|
Total
Current Assets |
53.635
|
19.832 |
0.034 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.089
|
6.196 |
3.153 |
|
|
Other Current Liabilities |
0.004
|
0.662 |
0.000 |
|
|
Provisions |
0.366
|
0.002 |
0.000 |
|
Total
Current Liabilities |
0.459
|
6.860 |
3.153 |
|
|
Net Current Assets |
53.176
|
12.972 |
(3.119) |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.021 |
0.049 |
0.003 |
|
|
|
|
|
|
|
|
TOTAL |
60.508 |
13.216 |
5.805 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
40.308 |
34.073 |
0.000 |
|
|
|
Other Income |
4.558 |
0.092 |
0.000 |
|
|
|
TOTAL (A) |
44.866 |
34.165 |
0.000 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Operating and Other Expenses |
49.598 |
33.382 |
0.000 |
|
|
|
Administrative Expenses |
3.506 |
0.480 |
0.021 |
|
|
|
Increase / (Decrease) in Stock |
(9.958) |
0.000 |
0.000 |
|
|
|
TOTAL (B) |
43.146 |
33.862 |
0.021 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) I |
1.720 |
0.303 |
(0.021) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.397 |
0.247 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
1.323 |
0.056 |
(0.021) |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.045 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE TAX
(E-F) (G) |
1.278 |
0.056 |
(0.021) |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.389 |
0.005 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
0.889 |
0.051 |
(0.021) |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
(0.049) |
(0.100) |
(0.079) |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
0.840 |
(0.049) |
(0.100) |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
88.94 |
5.12 |
(2.13) |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.98
|
0.15 |
0.00 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
3.17
|
0.16 |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.32
|
0.16 |
(0.23) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
1.36
|
0.56 |
0.00 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
63.86
|
199.76 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
116.85
|
2.89 |
0.01 |
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 |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter’s background |
Yes |
|
8] |
No. Of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
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 |
Yes |
|
20] |
Export / Import details
(if applicable) |
Yes |
|
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 Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director,
if available |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
Yes |
|
34] |
External
Agency Rating, if available |
Yes |
FINANCIAL
HIGHLIGHTS
During the year the company has achieved turnover including other
receipts of Rs. 48.308 millions and net profit of Rs. 1.278 millions.
Due to overall good market condition, the company has performed better
and the company expects to perform better in future as well.
TRADE REFERENCE
·
PSL Limited, Survey No.40,42 and 94/1, Bhachau, Bhimasar Road, Village:
Varsana, Taluka : Anjar – Kutch, Gujarat, India
Phone: 91-2836-306100 (C.K.
Goel – Director)
·
PSL Limited, Survey No.40,42 and 94/1, Bhachau, Bhimasar Road, Village:
Varsana, Taluka : Anjar – Kutch, Gujarat, India
Phone: 91-2836-306100 (V.K.
Panday- Vice President)
·
Ratnamani Metals and Tubes Limited, Plot No. 3306 to 3309, Chhatral GIDC
Estate, Phase-IV, Ahmedabad Mehsana Highway, Ta- KAlol, Dist- Gandhinagar,
Gujarat, India
Phone: 91-2764-232234 (Manoj
Sanghvi – Director)
·
Jindal Saw Limited, Jindal Centre, 12 Bhikaji Cama Place, New Delhi,
India
Tel: 91-11-26188360-74,
26188345 (Ankur Agnihotri- Vice President)
FIXED ASSETS
·
Air Condition
·
Mobiles
·
Corolla Altis
·
Sony Laptop
·
Computers
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. 55.34 |
|
|
1 |
Rs. 86.45 |
|
Euro |
1 |
Rs. 68.04 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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 |
YES |
|
--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.