MIRA INFORM REPORT

 

 

Report Date :

13.08.2012

 

IDENTIFICATION DETAILS

 

Name :

SRAVYA GRAFICS

 

 

Registered Office :

6-2-1/7, View Towers, Opposite Saifabad Police Station, Lakdikapool, Hyderabad – 500 004, Andhra Pradesh

 

 

Country :

India

 

 

Financials (as on) :

31.03.2012

 

 

Year of Establishment :

1984

 

 

Capital Investment / Paid-up Capital :

Rs.5.076 Millions

 

 

IEC No.:

0992000033

 

 

TIN No.:

28530208371

 

 

PAN No.:

[Permanent Account No.]

ACYPC8811B

 

 

Legal Form :

Sole Proprietory Concern

 

 

Line of Business :

Subject is engaged in Digital Designers and Offset Printers.

 

 

No. of Employees :

13 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (45) 

 

RATING

STATUS

PROPOSED CREDIT LINE

 

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established proprietory concern having satisfactory track. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct and as per commitments.

 

The concern 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

 


 

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. Ravinder Reddy Chamala

Designation :

Proprietor

Contact No.:

91-9848257520

Date :

10.08.2012

 

 

LOCATIONS

 

Registered Office/ Factory :

6-2-1/7, View Towers, Opposite Saifabad Police Station, Lakdikapool, Hyderabad – 500 004, Andhra Pradesh, India

Tel. No.:

91-40-23307606/ 66666998/ 66519919/ 64646399

Mobile No.:

91-9848257520 (Mr. Ravinder Reddy Chamala)

Fax No.:

91-40-66666998

E-Mail :

sravyagrafics@yahoo.com

sravyagrafics@sify.com

sravyagrafics@gmail.com

Website :

http://www.sravyagrafics.com

Area :

6000 sq. ft.

Location :

Leased

 

 

SOLE PROPRIETOR

 

Name :

Mr. Ravinder Reddy Chamala

Designation :

Proprietor

Address :

Flat No.502, Jayabheri Pine Valley, Beside Police Commissionarate Office, Near Telecom Nagar, Gachibowli. Hyderabad – 500032, Andhra Pradesh, India

Date of Birth/Age :

22.10.1961

Qualification :

B. Com

Experience :

27 year

Bank A/c :

Bank

Branch

A/B, C/D, A/C

No.

Present Balance

HDFC Bank

Gachibowli

09681930000807

Rs.0.110 Million

 

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is engaged in Digital Designers and Offset Printers.

 

 

Terms :

 

Selling :

Cash and Credit (30 days)

 

 

Purchasing :

Credit (75 days)

 

 

GENERAL INFORMATION

 

Customers :

End Users

 

 

No. of Employees :

13 (Approximately)

 

 

Bankers :

·         Union Bank of India, Secunderabad

·         Bank of India, Khairtabad

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

M. Venkata Ratnam

Chartered Accountant

Address :

Chintal Basti, Khairtabad, Hyderabad, Andhra Pradesh, India

Mobile No.:

91-9849197783

Email No.:

venkataratnam_m@yahoo.com

 

 

Associates/Subsidiaries :

·         Sravya Compact Residency

Address :#17/1, Jayabheri Pine Valley Colony, India

Activity: Service Apartment

 

 

CAPITAL STRUCTURE

 

(AS ON 31.03.2012)

 

Capital Investment :

 

Owned :

Rs.5.076 Millions

Borrowed :

--

Total :

Rs.5.076 Millions

 


 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Note: Sole Proprietory and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry Records.

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2012

31.03.2011

31.03.2010

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

5.076

4.076

5.399

2] Share Application Money

0.000

0.000

0.000

3] Reserves & Surplus

2.579

1.854

0.000

4] (Accumulated Losses)

0.000

0.000

0.000

NETWORTH

7.655

5.930

5.399

LOAN FUNDS

 

 

 

1] Secured Loans

0.600

0.708

0.947

2] Unsecured Loans

1.351

1.351

1.351

TOTAL BORROWING

1.951

2.059

2.298

DEFERRED TAX LIABILITIES

0.000

0.000

0.000

 

 

 

 

TOTAL

9.606

7.989

7.697

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

1.521

1.832

2.155

Capital work-in-progress

0.000

0.000

0.000

 

 

 

 

INVESTMENT

2.500

0.000

0.000

DEFERREX TAX ASSETS

0.000

0.000

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

2.000

1.576

0.480

 

Sundry Debtors

3.125

6.488

3.395

 

Cash & Bank Balances

2.385

0.432

0.835

 

Other Current Assets

0.725

0.000

2.609

 

Loans & Advances

0.000

0.273

0.000

Total Current Assets

8.235

8.769

7.319

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditor

2.500

2.438

1.762

 

Other Current Liabilities

0.000

0.174

0.015

 

Provisions

0.150

0.000

0.000

Total Current Liabilities

2.650

2.612

1.777

Net Current Assets

5.585

6.157

5.542

 

 

 

 

MISCELLANEOUS EXPENSES

0.000

0.000

0.000

 

 

 

 

TOTAL

9.606

7.989

7.697

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2012

31.03.2011

31.03.2010

 

SALES

 

 

 

 

 

Income

12.550

11.466

9.802

 

 

Other Income

NA

0.003

0.000

 

 

TOTAL                                    

NA

11.469

9.802

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Cost of Goods Sold

NA

8.178

6.446

 

 

Electricity Bill

NA

0.134

0.149

 

 

Transport Expenses

NA

0.018

0.096

 

 

Salaries to Staff

NA

1.314

1.233

 

 

Accounting Charges

NA

0.000

0.024

 

 

Repairs and Maintenance

NA

0.023

0.137

 

 

Computer Spares

NA

0.000

0.026

 

 

Telephone Charges

NA

0.059

0.052

 

 

Travelling Expenses

NA

0.000

0.043

 

 

Other Expenses

NA

0.770

0.457

 

 

TOTAL                                    

NA

10.496

8.663

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION

NA

0.973

1.139

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                    

NA

0.389

0.492

 

 

 

 

 

 

NET PROFIT                

0.725

0.584

0.647

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2012

31.03.2011

31.03.2010

PAT / Total Income

(%)

NA

5.09

6.60

 

 

 

 

 

Net Profit Margin

(PBT/Sales)

(%)

5.78

5.09

6.60

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)

7.43

5.51

6.83

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.09

0.10

0.12

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

0.60

0.79

0.75

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

3.11

3.36

4.12

 


 

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)

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

No

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

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

No

34]

External Agency Rating, if available

No

 

-----------------------------------------------------------------------------------------------------------------------------

 

PROJECTED BALANCE SHEET

 

(RS. IN MILLIONS)

 

Particulars

 

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

 

(Provisional)

(Projected)

 

LIABILITIES

 

 

 

 

 

 

 

Share Capital

 

 

 

 

 

 

Opening Balance

4.076

5.076

10.000

10.000

10.000

10.000

Add: Addition/ Drawings

1.000

4.924

0.000

0.000

0.000

0.000

Closing Capital

5.076

10.000

10.000

10.000

10.000

10.000

 

 

 

 

 

 

 

Reserve and Surplus

2.579

3.853

7.799

13.500

23.873

38.536

 

 

 

 

 

 

 

Secured Loans

 

 

 

 

 

 

Car Loan

0.600

0.500

0.400

0.300

0.200

0.100

Term Loan I

0.000

0.000

17.155

12.691

8.227

3.763

Term Lon II

0.000

14.669

11.645

8.621

5.597

2.573

Working Capital Loan

0.000

3.500

3.500

3.500

3.500

3.500

Other Loans

0.000

0.000

0.000

0.000

0.000

0.000

Custom Duty Payable

0.000

7.784

7.784

7.784

7.784

7.784

Unsecured Loan

1.351

4.351

4.351

4.351

4.351

4.351

 

 

 

 

 

 

 

Current Liabilities

 

 

 

 

 

 

Creditor for Capital Works

--

26.841

--

--

--

--

Sundry Creditors

2.500

0.700

0.770

0.847

0.932

1.025

Other Provisions

0.150

0.200

0.200

0.225

0.250

0.275

 

 

 

 

 

 

 

TOTAL

 

12.256

72.398

63.604

61.818

64.713

71.907

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

Fixed Assets

 

 

 

 

 

 

Gross Block

3.021

59.877

59.877

59.877

59.877

59.877

Less: Depreciation

1.500

7.425

12.737

17.504

21.785

25.631

Net Block

1.521

52.452

47.140

42.373

38.092

34.246

 

 

 

 

 

 

 

Current Assets

 

 

 

 

 

 

Inventories

2.000

2.200

2.300

2.400

2.500

2.600

Receivables

3.125

6.806

10.069

11.624

15.266

18.066

Other Advance

0.500

1.000

1.000

1.500

1.500

1.500

Deposits

0.225

0.250

0.275

0.300

0.325

0.350

Investments

2.500

0.000

0.000

0.000

0.000

0.000

Cash and Bank Balance

2.385

2.691

2.520

0.822

1.731

4.846

Fixed Deposits

0.000

0.000

0.000

2.500

5.000

10.000

Margin Money Deposits

0.000

7.000

0.300

0.300

0.300

0.300

 

 

 

 

 

 

 

Total

 

12.256

72.398

63.604

61.818

64.713

71.907

 

 

-----------------------------------------------------------------------------------------------------------------------------

 

PROJECTED PROFITABILITY STATEMENT

 

(RS. IN MILLIONS)

 

Particulars

 

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

 

(Provisional)

(Projected)

 

INCOME

 

 

 

 

 

 

Sales – Designing

2.920

3.600

4.320

5.184

5.702

6.273

-          Printing (Including Export) (Including printing Paper, Binding)

9.580

29.068

44.010

50.611

67.573

80.443

Interests on FD

0.000

0.000

0.630

0.027

0.252

0.477

Other Income/ Scrap Sales

0.050

1.500

1.500

1.500

1.800

1.800

TOTAL INCOME

 

12.550

34.168

50.460

57.322

75.327

88.993

 

 

 

 

 

 

 

%

9.43

172.25

47.68

13.60

31.41

18.14

 

 

 

 

 

 

 

EXPENDITURE

 

 

 

 

 

 

Raw Material and Consumable

7.087

6.908

6.956

6.842

6.731

6.617

Opening Stock 

1.576

2.000

2.200

2.300

2.400

2.500

Add: Purchases Including Consumables 

9.319

20.280

30.713

34.729

45.581

53.330

Less: Closing Stock 

2.000

2.200

2.300

2.400

2.500

2.600

Material Consumed

8.895

20.080

30.613

34.629

45.481

53.230

 

 

 

 

 

 

 

Power Expenses

0.180

0.480

0.792

0.871

1.917

2.108

Salaries and Wages

1.400

1.692

2.707

3.249

3.898

4.678

Telephone Expenses

0.060

0.065

0.071

0.078

0.086

0.095

Administrative Expense

0.225

0.300

0.330

0.363

0.399

0.439

Rent

0.200

0.140

0.000

0.000

0.000

0.000

Repairs and Maintenance

0.075

0.090

0.105

0.123

0.144

0.168

Other Finance Charges

--

1.450

--

--

--

--

 

 

 

 

 

 

 

TOTAL EXPENDITURE

11.035

24.297

34.618

39.313

51.926

60.719

 

 

 

 

 

 

 

PBDIT

1.515

9.871

15.842

18.009

23.401

28.274

 

 

 

 

 

 

 

Less: Depreciation

0.311

5.926

5.312

4.767

4.281

3.846

Profit Before Interest and Tax

1.205

3.946

10.530

13.242

19.120

24.428

 

 

 

 

 

 

 

Interest on Car Loan

0.080

0.070

0.060

0.050

0.040

0.030

Interest on Term Loan

0.000

1.467

4.073

4.176

3.090

2.004

Interest on W.C. Loan

0.042

0.508

0.508

0.508

0.508

0.508

 

0.862

0.556

1.167

1.484

2.055

2.459

 

 

 

 

 

 

 

Profit Before Tax

1.082

1.901

5.889

8.508

15.482

21.886

Less: Income Tax

0.357

0.627

1.944

2.808

5.109

7.222

Profit After Tax

0.725

1.274

3.946

5.701

10.373

14.663

 

 

 

 

 

 

 

Balance Carried to B/s

0.725

1.274

3.946

5.701

10.373

14.663

 

 

 

 

 

 

 

Add: Depreciations

0.311

5.926

5.312

4.767

4.281

3.846

Add: Interests Paid

0.000

1.467

4.073

4.176

3.090

2.004

Net Cash Accruals (A)

1.036

8.666

13.331

14.644

17.745

20.514

 

 

 

 

 

 

 

Term Loan Repayment

 

 

 

 

 

 

Principle

0.000

0.504

6.000

7.488

7.488

7.488

Interests

0.000

1.467

4.073

4.176

3.090

2.004

Total Payment (B)

0.000

1.971

10.073

11.664

10.578

9.492

 

 

 

 

 

 

 

DCR (Gross) (A/B)

--

4.40

1.32

1.26

1.68

2.16

 

 

 

 

 

 

 

DSCR (Average)

1.94

 

 

-----------------------------------------------------------------------------------------------------------------------------

 

PROJECTED CASH FLOW STATEMENT

 

(RS. IN MILLIONS)

 

Particulars

 

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

 

(Provisional)

(Projected)

 

 

SOURCES

 

 

 

 

 

 

Net Profit After Tax

0.725

1.274

3.946

5.701

10.373

14.663

Add: Depreciation

0.311

5.926

5.312

4.767

4.281

3.846

Add: Interests on Term Loan

0.000

1.467

4.073

4.176

3.090

2.004

 

 

 

 

 

 

 

Net Cash Accruals

1.036

8.666

13.331

14.644

17.745

20.514

 

 

 

 

 

 

 

Increase in Current Liabilities

0.038

(1.750)

0.070

0.102

0.110

0.118

Increase in Creditors for Capital Works

--

26.841

(26.841)

--

--

--

Increase in Customs Duty Liability

0.000

7.784

0.000

0.000

0.000

0.000

Increase in Working Capital Loan

0.000

3.500

--

--

--

--

Capital Contribution

1.000

4.924

--

--

--

--

Increase in Unsecured Loans

--

3.000

--

--

--

--

Increase in Term Loan I

--

0.000

20.131

--

--

--

Increase in Term Loan II

--

15.173

--

--

--

--

 

 

 

 

 

 

 

Total

 

2.074

68.138

6.690

14.746

17.854

20.632

 

 

 

 

 

 

 

USES

 

 

 

 

 

 

 

Increase in Fixed Assets

0.000

56.856

0.000

0.000

0.000

0.000

Decrease in Unsecured Loans

0.000

0.000

0.000

0.000

0.000

0.000

Increase in Current Assets

0.013

1.906

3.388

2.180

3.767

2.925

Fixed Deposit with Bank

0.000

0.000

0.000

2.500

2.500

5.000

Margin Money Deposit with Bank 

0.000

7.000

(6.700)

0.000

0.000

0.000

Repayment of Car Loan

0.108

0.100

0.100

0.100

0.100

0.100

Term Loan repayments:

 

 

 

 

 

 

Interests

0.000

1.467

4.073

4.176

3.090

2.004

Principle

0.000

0.504

6.000

7.488

7.488

7.488

 

 

 

 

 

 

 

Total

 

0.121

67.832

6.861

16.444

16.945

17.518

 

 

 

 

 

 

 

Opening Balance

0.432

2.385

2.691

2.520

0.822

1.731

Surplus / Deficit

1.953

0.306

(0.171)

(1.698)

0.909

3.114

Closing Balance

2.385

2.691

2.520

0.822

1.731

4.846

 

 

-----------------------------------------------------------------------------------------------------------------------------

 

WAYS AND MEAN OF PROJECT

 

(RS. IN MILLIONS)

 

WAYS

 

Particulars

 

Total

Term Loan

Margin @ 33%

 

 

 

 

Building

15.000

9.750

5.250

Plant and Machinery

 

 

 

SM74 Four Colour Imported Offset Press

(Euro 362000 @ 69/-)

24.978

18.734

6.245

High Speed Cutter

(Euro 27000 @ 659/-)

1.8763

1.397

0.466

Customs Duty on above – Taken Separately under EPCG

0.000

0.000

0.000

Suprasetter A75 – (Euro 82500@ 69/-)

5.693

--

--

Customs Duty on above @ 20%

1.139

5.123

1.708

Stabilizers, UPS. AC Etc.

0.400

0.300

0.100

 

 

 

 

 

 

 

 

Working Capital Margin

1.200

--

1.200

 

 

 

 

TOTAL

 

50.272

35.304

14.968

 

 

 

 

 

MEANS OF FINANCE

 

Particular

(Rs. In Millions)

 

Fresh Capital

5.668

 

 

Internal Accruals

6.300

 

 

Unsecured Loans

3.000

 

 

Term Lon I – Stand By

20.131

 

 

Term Loan II

15.173

 

 

 

50.272

 

 

 

 

 

 

Fund Based Limit

 

 

 

Term Loan - I stand by for Import of Equipment

 

20.131

 

Term Loan – II

 

15.173

 

Working Capital Loan

 

3.500

 

 

 

 

 

Non Fund Limits

 

 

 

LC for Import of Machinery for 1 year period

 

26.841

 

 

 

 

46.682

 

 

 

 

BG for Custom Duty under EPCG Scheme 15% of the Customs Duty for 8 years

7.784

1.168

 

 

 

------------------------------------------------------------------------------------------------------------------------------

 

STATEMENT OF ASSETS AND LIABILITIES

 

MR. RAVINDER REDDY CHAMALA

 

(RS. IN MILLIONS)

 

 

DETAIL OF ASSETS

 

A. IMMOVABLE PROPERTY

 

Assets

 

Own/ Joint Name

Area

Freehold or Lease Hold

Location/ Address

Present Value

(Rs. In Millions)

Whether encumbered (Give Details)

 

 

 

 

 

 

 

Commercial

Own

7130 Sft.

Freehold

Plot No.17, Jayabheri Pine Valley Colony, Gachibowli, Hyderabad, Andhra Pradesh, India 

30.000

No

Residential

--

--

--

--

--

--

Flat / House

--

--

--

--

--

--

Agri Land

Own

20+15

Freehold

Village, Shrbanapuram, Alair, Mandal, Nalgonda District, India

30.000

No

Others

--

--

--

--

--

--

 

 

B. MOVABLE PROPERTY

 

INSURANCE POLICIES

 

Name of Company and Branch

Surrender Value

 

 

 

HDFC Life

Rs.0.500 Million

 

 

VEHICLES

 

Type of Vehicles

Registration No.

Model

Year of Make

Cost at the time of Purchases

RC Book Details

Present Value

 

 

 

 

 

 

 

Innova

AP90BS6399

2.5V

2008

1.200

Enclose

0.800

Wagon Rq.

AP9BX6399

--

2009

0.450

Enclose

0.300

 

 

JEWELLERY

 

Particulars

Quantity 

Valuation (Approx)

 

Gold

 

800 Grams

2.500

 

 

Capital Investment in Business – Name of Firm/ Company

 

Name

 

Amount

(Rs. In Millions)

Sravya Grafics

6.000

Sravya Compact Residency

2.000

 

 

DETAIL OF LIABILITIES

 

Borrowed From

Purpose of Loan

Amount of Loan

Security

Repayments Terms

Outstanding Balance

                    

 

 

 

 

 

Union Bank of India

Vehicles

1.100

Hire- Purchases

EMI

0.350

 

 

 

 

 

 

 

 

LEGAL HEIRS/ FAMILY PARTICULARS

 

Name

Occupation

Relation

Age

Address

 

 

 

 

 

 

Mrs. M. Neeraja Reddy

Service

Wife

46 years

F. No.502, Udaya Eliters, Jayabheri Pine Valley colony, gachibowli, Hyderabad, Andhra Pradesh, India

 

 

 

 

 

C. Rithwik Reddy

Student

Son

19 year

F. No.502, Udaya Eliters, Jayabheri Pine Valley colony, gachibowli, Hyderabad, Andhra Pradesh, India

 

 

------------------------------------------------------------------------------------------------------------------------------

 

 

TRADE REFERENCE:

 

·         Bharatiya Vidya Bhavan’s Public School

Jubileehills, Hyderabad, Andhra Pradesh, India

Contact No.: 91-9885804901

 

·         Telukunta Ramulu and Son

Secunderabad, Andhra Pradesh, India

Contact Name: Mr. Srinath

Mobile No.: 91-9849020887

 

------------------------------------------------------------------------------------------------------------------------------

 

 

FIXED ASSET:

 

·         Building

·         Plant and Machinery

·         Furniture

·         Computer 

 

 

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No records 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

UK Pound

1

Rs.86.45

Euro

1

Rs.68.04

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIT

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

6

PAID-UP CAPITAL

1~10

5

OPERATING SCALE

1~10

5

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

5

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

5

--LEVERAGE

1~10

5

--RESERVES

1~10

5

--CREDIT LINES

1~10

4

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

NO

--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

 

45

 

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

 

-

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.