|
Report Date : |
13.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
MULTI PACK SYSTEMS PRIVATE LIMITED |
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Formerly Known
As : |
MULTI PRINTS PRIVATE LIMITED |
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Registered
Office : |
9th Floor, Neptune Tower, BPC Road, Alkapuri, Vadodara –
390005, Gujarat |
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Country : |
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Financials (as
on) : |
31.03.2011 |
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Date of
Incorporation : |
29.07.1980 |
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Com. Reg. No.: |
11-003860 |
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Capital
Investment / Paid-up Capital : |
Rs.4.000 Millions |
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|
CIN No.: [Company Identification
No.] |
U22122GJ1980PTC003860 |
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|
PAN No.: [Permanent Account No.] |
AAACM3013E |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturers and Dealers of Packaging Materials and Containers. |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (49) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 2300000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
Subject is a well established company having Satisfactory track.
Networth of the company appears to be sound. Profitability of the company
appears to good. Trade relations are reported to be trustworthy. Business is active. Payments
are reported to be usually correct. The company can be considered for business dealings at usual trade
terms and conditions. Current year profit and loss of the company is not available. |
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 |
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Restricted |
C2 |
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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 : |
9th Floor, Neptune Tower, BPC Road, Alkapuri, Vadodara –
390005, Gujarat, India |
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Tel. No.: |
91-265-6625902/ 6625903/ 04 |
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Fax No.: |
91-265-2336811/ 2353168 |
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E-Mail : |
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Website : |
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Corporate /Mumbai Office : |
Rohit Chambers, Janmabhoomi Marg, Fort, Mumbai – 400001, Maharashtra,
India |
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Tel. No.: |
91-22-22853659/ 22853660 |
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Fax No.: |
91-22-22851161 |
DIRECTORS
(AS ON 30.09.2011)
|
Name : |
Mr. Bharat Haridas Patel |
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Designation : |
Director |
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Address : |
81, Devi Bhavan, 38, Nepean Sea Road, Mumbai – 400036, Maharashtra,
India |
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Date of Birth/Age : |
23.07.1945 |
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Date of Appointment : |
20.09.1995 |
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Voter ID No.: |
MT04/024/120043 |
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DIN No.: |
00176784 |
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|
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Name : |
Mr. Pranav Rohit Patel |
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Designation : |
Director |
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Address : |
101, Devi Bhavan, 38, Nepean Sea Road, Mumbai – 400036, Maharashtra,
India |
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Date of Birth/Age : |
27.12.1964 |
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Date of Appointment : |
29.09.1995 |
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Voter ID No.: |
MT/04/024/120484 |
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DIN No.: |
00259728 |
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Name : |
Mr. Nakul Bharat Patel |
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Designation : |
Director |
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Address : |
81, Devi Bhavan, 38, Nepean Sea Road, Mumbai – 400036, Maharashtra,
India |
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Date of Birth/Age : |
08.03.1972 |
|
Date of Appointment : |
14.10.2000 |
|
DIN No.: |
00332824 |
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|
|
|
Name : |
Mr. Rohit Jayaramdas Patel |
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Designation : |
Director |
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Address : |
91, Devi Bhavan, 38, Nepean Sea Road, Mumbai – 400036, Maharashtra,
India |
|
Date of Birth/Age : |
26.06.1939 |
|
Date of Appointment : |
29.07.1980 |
|
Voter ID No.: |
MT/04/024/120595 |
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DIN No.: |
00270126 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 30.09.2011)
|
Names of Shareholders |
|
No. of Shares |
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|
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R J Patel Jointly with N R Patel |
|
3200 |
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B H Patel Jointly with B B Patel |
|
100 |
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B B Patel and B H Patel |
|
3600 |
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N R Patel Jointly with R J Patel |
|
14000 |
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B B Patel and N B Patel |
|
16200 |
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R J Patel Jointly with N R Patel |
|
200 |
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N R Patel Jointly with R J Ptel |
|
200 |
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N B Patel and B H Patel |
|
100 |
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P R Patel Jointly with R J Patel and N R Patel |
|
2400 |
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Total |
|
40000 |
(AS ON 30.09.2011)
Equity Shares Break – up
|
Category |
|
Percentage |
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Directors or relatives of directors |
|
100.00 |
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Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturers and Dealers of Packaging Materials and Containers. |
GENERAL INFORMATION
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No. of Employees : |
Not Available |
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Bankers : |
Not Available |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
A. J. Shah and Company Chartered Accountant |
|
Address : |
Fort Chambers, C-Block, 65, Tamarind Lane, Fort, Mumbai – 400023,
Maharashtra, India |
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PAN No.: |
AAAFA3818L |
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Email : |
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Other Related Parties : |
· Cad and Controls, PAN - AAVPT9882G · Industrial Technical Services, PAN - AAVPT9882G · S S Precision Engineers, PAN - AAVPT9882G · Precision Mechanics, PAN - AAVPT9882G · VFC Industries Private Limited PAN - AAACR2441R · JMP Investments Private Limited PAN - AAACJ3002E · Saitronics PAN - AAKFS6649D · Motion Mechanics PAN - AANFM6785H · Excellent Engineering Services PAN - AAGHM9270E |
CAPITAL STRUCTURE
(AS ON 31.03.2011)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
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|
100000 |
Equity Shares |
Rs.100/- each |
Rs.10.000 Millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
40000 |
Equity Shares |
Rs.100/- each |
Rs.4.000
Millions |
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|
NOTE:
Out of equity
shares 30,000 Equity Shares were allotted as fully paid up Bonus Shares by
Capitalisation of General Reserves.
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 |
4.000 |
4.000 |
4.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
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|
3] Reserves & Surplus |
573.566 |
539.045 |
502.177 |
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|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
577.566 |
543.045 |
506.177 |
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|
LOAN FUNDS |
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|
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1] Secured Loans |
0.000 |
0.000 |
0.000 |
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|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
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|
TOTAL BORROWING |
0.000 |
0.000 |
0.000 |
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|
DEFERRED TAX LIABILITIES |
4.076 |
0.482 |
1.287 |
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|
|
|
|
|
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TOTAL |
581.642 |
543.527 |
507.464 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
72.169 |
48.041 |
51.171 |
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Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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|
|
|
|
|
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|
INVESTMENT |
0.000 |
0.000 |
21.165 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.764 |
|
|
|
|
|
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CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
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|
Inventories |
144.985
|
132.285 |
185.593 |
|
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Sundry Debtors |
84.644
|
137.556 |
140.770 |
|
|
Cash & Bank Balances |
350.836
|
337.411 |
163.790 |
|
|
Other Current Assets |
0.000
|
0.000 |
188.457 |
|
|
Loans & Advances |
142.068
|
138.692 |
0.000 |
|
Total
Current Assets |
722.533
|
745.944 |
678.610 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
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|
Sundry Creditor |
45.769
|
35.052 |
18.154 |
|
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Other Current Liabilities |
110.281
|
114.859 |
128.067 |
|
|
Provisions |
57.010
|
100.547 |
98.025 |
|
Total
Current Liabilities |
213.060
|
250.458 |
244.246 |
|
|
Net Current Assets |
509.473
|
495.486 |
434.364 |
|
|
|
|
|
|
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|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
581.642 |
543.527 |
507.464 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
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TOTAL |
|
998.796 |
975.606 |
|
|
|
|
|
|
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Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
|
790.349 |
831.642 |
|
|
|
|
|
|
|
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PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
208.447 |
143.964 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
9.009 |
8.639 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
|
199.438 |
135.325 |
|
|
|
|
|
|
|
|
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Less |
TAX |
|
68.974 |
51.482 |
|
|
|
|
|
|
|
|
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|
PROFIT AFTER TAX
|
|
130.464 |
83.843 |
|
|
|
|
|
|
|
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|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
|
252.176 |
230.131 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Dividend (Interim) |
|
40.000 |
20.000 |
|
|
|
Corporate Dividend Tax (Interim) |
|
6.798 |
3.399 |
|
|
|
Dividend(Final) |
|
40.000 |
20.000 |
|
|
|
Corporate Dividend Tax (Final) |
|
6.798 |
3.399 |
|
|
|
Transfer to General Reserve |
|
15.000 |
15.000 |
|
|
BALANCE CARRIED
TO THE B/S |
|
274.044 |
252.176 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
|
3,262 |
2,096 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
NA
|
13.06 |
8.59 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
25.12 |
18.54 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
0.35 |
0.27 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.37
|
0.46 |
0.48 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.39
|
2.98 |
2.78 |
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 |
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] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if
available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director,
if available |