Business
information report
1. Summary Information
|
|
|
Country |
India |
|
Company Name |
KALRA PAPER CONVERTOR AND TRADER PRIVATE LIMITED |
Principal Name 1 |
Mr. Suneet Kalra |
|
Status |
Yet to commence business |
Principal Name 2 |
Mr. Raj Kumar Kalra |
|
|
|
Registration # |
55-166981 |
|
Street Address |
34, Raja Garden, New Delhi-110015 |
||
|
Established Date |
14.08.2007 |
SIC Code |
-- |
|
Telephone# |
91-11-25917178 |
Business Style 1 |
Dealer |
|
Fax # |
91-11-23670570 |
Business Style 2 |
Trader |
|
Homepage |
Product Name 1 |
Paper |
|
|
# of employees |
Not Available |
Product Name 2 |
Board |
|
Paid up capital |
Rs.
150,000/- |
Product Name 3 |
|
|
Shareholders |
Directors or
relatives of Directors – 100% |
Banking |
State Bank of
Patiala |
|
Public Limited Corp. |
No |
Business Period |
5 Years |
|
IPO |
No |
International Ins. |
- |
|
Public Enterprise |
No |
Rating |
B (26) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
260,815,000 |
Current Liabilities |
166,432,000 |
|
Inventories |
75,886,000 |
Long-term Liabilities |
71,632,000 |
|
Fixed Assets |
7,441,000 |
Other Liabilities |
43,575,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
281,639,000 |
|
Invest& other Assets |
0,000 |
Retained Earnings |
31,353,000 |
|
|
|
Net Worth |
62,503,000 |
|
Total Assets |
344,142,000 |
Total Liab. & Equity |
344,142,000 |
|
Total Assets (Previous Year) |
212,875,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales (Total Income) |
854,362,000 |
Net Profit |
1,129,000 |
|
Sales(Previous yr) (Total Income) |
307,120,000 |
Net Profit(Prev.
yr) |
1,296,000 |
MIRA
INFORM REPORT
|
Report Date : |
16.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
KALRA PAPER CONVERTOR AND TRADER PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
34, Raja Garden, New Delhi-110015 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
14.08.2007 |
|
|
|
|
Com. Reg. No.: |
55-166981 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 0.150 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U21098DL2007PTC166981 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELK10087A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCK1358F |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Dealer and Trader of Paper and Board |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (26) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 250000 |
|
|
|
|
Status : |
Yet to commence business |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a company and is yet to commence it’s business activities.
Networth of the company appears to be sound. Payments terms are unknown. The company can be considered for business dealings with great
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 : |
34, Raja Garden, New Delhi-110015, India |
|
Tel. No.: |
91-11-25917178 / 25917177 |
|
Fax No.: |
91-11-23670570 |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Suneet Kalra |
|
Designation : |
Director |
|
Address : |
GC-15, Shivaji Enclave, New Delhi-110027, India |
|
Date of Birth/Age : |
18.03.1984 |
|
Date of Appointment : |
14.08.2007 |
|
DIN No.: |
01094725 |
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 |
U21099DL1992PTC047594 |
KALRA PAPERS
PRIVATE LIMITED |
Director |
01/06/2004 |
01/06/2004 |
01/04/2008 |
Active |
NO |
|
2 |
U74999DL2005PTC135126 |
SUNMOON PAPER
CONVERTERS PRIVATE LIMITED |
Director |
20/04/2005 |
20/04/2005 |
01/04/2008 |
Active |
NO |
|
3 |
U21098DL2007PTC166981 |
KALRA PAPER
CONVERTOR AND TRADER PRIVATE LIMITED |
Director |
14/08/2007 |
14/08/2007 |
- |
Active |
NO |
|
4 |
U21098DL2007PTC166985 |
KALRA PAPER
PRODUCT PRIVATE LIMITED |
Director |
14/08/2007 |
14/08/2007 |
- |
Active |
NO |
|
5 |
U45400DL2007PTC167440 |
KDI DEVELOPERS
AND INFRASTRUCTURE PRIVATE LIMITED |
Director |
27/08/2007 |
27/08/2007 |
- |
Active |
|
|
6 |
U21012DL2002PTC115778 |
KAPIL PAPMART
PRIVATE LIMITED |
Director |
01/04/2008 |
01/04/2008 |
- |
Active |
NO |
|
7 |
U17299DL2009PTC192335 |
PANACHE GARMENTS
PRIVATE LIMITED |
Director |
17/07/2009 |
17/07/2009 |
- |
Active |
NO |
|
8 |
U17120DL2009PTC193559 |
PANACHE
INTERNATIONAL GARMENTS PRIVATE LIMITED |
Director |
25/08/2009 |
25/08/2009 |
- |
Active |
NO |
|
Name : |
Mr. Raj Kumar Kalra |
|
Designation : |
Director |
|
Address : |
GC-15, Shivaji Enclave, New Delhi-110027, India |
|
Date of Birth/Age : |
07.01.1961 |
|
Date of Appointment : |
14.07.2007 |
|
DIN No.: |
01149070 |
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 |
U21099DL1992PTC047594 |
KALRA PAPERS
PRIVATE LIMITED |
Director |
13/02/1992 |
13/02/1992 |
- |
Active |
NO |
|
2 |
U21012DL2002PTC115777 |
KALRA PAPER
AGENCY PRIVATE LIMITED |
Director |
11/06/2002 |
11/06/2002 |
01/10/2008 |
Active |
NO |
|
3 |
U51396DL2002PTC116349 |
KALRA PAPER MART
PRIVATE LIMITED |
Director |
26/07/2002 |
26/07/2002 |
03/10/2008 |
Active |
NO |
|
4 |
U51909DL2005PTC135228 |
KPM PAPER
CONVERTERS PRIVATE LIMITED |
Director |
21/04/2005 |
21/04/2005 |
- |
Active |
NO |
|
5 |
U21098DL2007PTC166981 |
KALRA PAPER
CONVERTOR AND TRADER PRIVATE LIMITED |
Director |
14/08/2007 |
14/08/2007 |
- |
Active |
NO |
|
6 |
U21098DL2007PTC166985 |
KALRA PAPER
PRODUCT PRIVATE LIMITED |
Director |
24/09/2007 |
24/09/2007 |
01/10/2008 |
Active |
NO |
|
7 |
U70200DL2008PTC175285 |
KAL BRO
DEVELOPERS AND INFRASTRUCTURE PRIVATE LIMITED |
Director |
13/03/2008 |
13/03/2008 |
- |
Active |
NO |
|
8 |
U74999DL2005PTC135126 |
SUNMOON PAPER
CONVERTERS PRIVATE LIMITED |
Director |
01/04/2008 |
01/04/2008 |
02/04/2009 |
Active |
NO |
|
9 |
U21093DL2009PTC186844 |
KPM PAPMART
PRIVATE LIMITED |
Director |
20/01/2009 |
20/01/2009 |
01/04/2009 |
Active |
NO |
|
Name : |
Mr. Rajinder Kalra |
|
Designation : |
Director |
|
Address : |
GC-15, Shivaji Enclave, New Delhi-110027, India |
|
Date of Birth/Age : |
25.04.1957 |
|
Date of Appointment : |
14.08.2007 |
|
DIN No.: |
01149132 |
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 |
U21099DL1992PTC047594 |
KALRA PAPERS
PRIVATE LIMITED |
Director |
13/02/1992 |
13/02/1992 |
- |
Active |
NO |
|
2 |
U21012DL2002PTC115778 |
KAPIL PAPMART
PRIVATE LIMITED |
Director |
11/06/2002 |
11/06/2002 |
01/04/2008 |
Active |
NO |
|
3 |
U51396DL2002PTC116349 |
KALRA PAPER MART
PRIVATE LIMITED |
Director |
01/08/2009 |
26/07/2002 |
- |
Active |
NO |
|
4 |
U74999DL2005PTC135126 |
SUNMOON PAPER
CONVERTERS PRIVATE LIMITED |
Director |
20/04/2005 |
20/04/2005 |
02/04/2009 |
Active |
NO |
|
5 |
U21098DL2007PTC166985 |
KALRA PAPER
PRODUCT PRIVATE LIMITED |
Director |
14/08/2007 |
14/08/2007 |
24/09/2007 |
Active |
NO |
|
6 |
U21098DL2007PTC166981 |
KALRA PAPER
CONVERTOR AND TRADER PRIVATE LIMITED |
Director |
14/08/2007 |
14/08/2007 |
- |
Active |
NO |
|
7 |
U70200DL2008PTC175285 |
KAL BRO
DEVELOPERS AND INFRASTRUCTURE PRIVATE LIMITED |
Director |
13/03/2008 |
13/03/2008 |
- |
Active |
NO |
|
8 |
U74120DL2009PTC196492 |
KALBRO CERAMICS
PRIVATE LIMITED |
Director |
01/12/2009 |
01/12/2009 |
- |
Active |
NO |
|
Name : |
Mr. Shresth Kalra |
|
Designation : |
Director |
|
Address : |
GC-15, Shivaji Enclave, New Delhi-110027, India |
|
Date of Birth/Age : |
30.05.1984 |
|
Date of Appointment : |
02.02.2009 |
|
DIN No.: |
01526148 |
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 |
U21012DL2002PTC115778 |
KAPIL PAPMART
PRIVATE LIMITED |
Director |
01/04/2007 |
01/04/2007 |
Active |
NO |
|
2 |
U45400DL2007PTC167440 |
KDI DEVELOPERS
AND INFRASTRUCTURE PRIVATE LIMITED |
Director |
27/08/2007 |
27/08/2007 |
Active |
|
|
3 |
U21098DL2007PTC166985 |
KALRA PAPER
PRODUCT PRIVATE LIMITED |
Director |
01/10/2008 |
01/10/2008 |
Active |
NO |
|
4 |
U21098DL2007PTC166981 |
KALRA PAPER
CONVERTOR AND TRADER PRIVATE LIMITED |
Director |
02/02/2009 |
02/02/2009 |
Active |
NO |
|
5 |
U17120DL2009PTC193559 |
PANACHE
INTERNATIONAL GARMENTS PRIVATE LIMITED |
Director |
25/08/2009 |
25/08/2009 |
Active |
NO |
|
6 |
U74120DL2009PTC196492 |
KALBRO CERAMICS
PRIVATE LIMITED |
Director |
01/12/2009 |
01/12/2009 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Suneet Kalra |
5000 |
|
Rajinder Kumar Kalra |
5000 |
|
Raj Kumar Kalra |
5000 |
|
TOTAL
|
15000 |
AS ON 30.09.2011
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Dealer and Trader of Paper and Board |
|
|
|
|
Products : |
Paper and Board |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Bankers : |
·
State Bank of Patiala, 66/67, Bali Nagar, New
Delhi-110015, India ·
Axis Bank Limited |
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Bansal Neeraj and Associates Chartered Accountant |
|
Address : |
84, Model Basti East Park Road, Karol Bagh, New Delhi-110005, India |
|
Tel. No.: |
91-11-23552388 / 23672388 / 47540101 |
|
PAN No.: |
AAFFB0489D |
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3000000 |
Equity Shares |
Rs.10/- each |
Rs. 30.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15000 |
Equity Shares |
Rs.10/- each |
Rs. 0.150
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 |
0.150 |
0.150 |
0.150 |
|
|
2] Share Application Money |
31.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
31.353 |
1.224 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
(0.073) |
|
|
NETWORTH |
62.503 |
1.374 |
0.077 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
5.545 |
1.179 |
0.000 |
|
|
2] Unsecured Loans |
66.087 |
12.877 |
0.000 |
|
|
TOTAL BORROWING |
71.632 |
14.056 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
134.135 |
15.430 |
0.077 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
7.441 |
1.641 |
0.000 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
75.886
|
90.635 |
0.000 |
|
|
Sundry Debtors |
129.248
|
111.968 |
0.000 |
|
|
Cash & Bank Balances |
40.525
|
0.353 |
0.115 |
|
|
Other Current Assets |
5.245
|
3.471 |
0.000 |
|
|
Loans & Advances |
85.797
|
4.807 |
0.000 |
|
Total
Current Assets |
336.701
|
211.234 |
0.115 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
166.432
|
196.437 |
0.090 |
|
|
Other Current Liabilities |
0.000
|
0.000 |
0.000 |
|
|
Provisions |
43.575
|
1.008 |
0.047 |
|
Total
Current Liabilities |
210.007
|
197.445 |
0.137 |
|
|
Net Current Assets |
126.694
|
13.789 |
(0.022) |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.099 |
|
|
|
|
|
|
|
|
TOTAL |
134.135 |
15.430 |
0.077 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
854.362 |
307.120 |
0.001 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
851.685 |
305.294 |
0.058 |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
2.677 |
1.826 |
(0.057) |
|
|
|
|
|
|
|
|
|
Less |
TAX |
1.548 |
0.530 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
1.129 |
1.296 |
(0.057) |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
75.00 |
86.00 |
(6.00) |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
0.13
|
0.42 |
(5700.00) |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.78
|
0.86 |
(49.57) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
1.33 |
(0.74) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
4.51
|
153.93 |
1.78 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.60
|
1.07 |
0.84 |
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 |
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 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 |
BACKGROUND
Subject was incorporated on August 14, 2007 to deal in the trading of
all kinds of Paper and Board through its facility located in New Delhi, India
FINANCIAL RESULTS
The Company has not carried out any business activities during the year
under consideration and the directors are hopeful that with the regular and
sustained efforts of the management, The Company hopes to do better in future.
FORM 8
|
Corporate
identity number of the company |
U21098DL2007PTC166981 |
|
Name of the
company |
KALRA PAPER
CONVERTOR AND TRADER PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
34, Raja Garden, New Delhi-110015, India |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Immovable
property ·
Book
debts ·
Movable
property (not being pledge) ·
Floating
charge ·
Others |
|
Particular of
charge holder |
State Bank of Patiala, 66/67, Bali Nagar, New Delhi-110015, India |
|
Nature of
instrument creating charge |
Sanction Ticket Of
The Loan Agreement Of Loan
For Overall Limit Agreement Of
Hypothecation Of Goods And Assets. |
|
Date of
instrument Creating the charge |
28.12.2010 |
|
Amount secured by
the charge |
Rs. 38.500
Millions |
|
Brief of the principal
terms an conditions and extent and operation of the charge |
Rate of interest BPLR Terms of repayment As And When
Demanded Margin For cash credit
margin required for Inventory is 25% Book Debts is 25%
(Cover Period Less Then 90 Days Only) Extent and operation of the charge As Per Agreement |
|
Short particulars
of the property charged (Including location of the property) |
Hypothecation
Charge Over The Entire Current Assets Including Bothe Present And Future Hypothecation
Charge Over The Entire Fixed Assets Including Both Present And Future Equitable
Mortgage Of Property Situated At 34-35,Raja Garden New Delhi - 110015 |
FIXED ASSETS
·
Office Equipments
·
Motor Car
·
Computer
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. 55.64 |
|
|
1 |
Rs. 87.31 |
|
Euro |
1 |
Rs. 68.81 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
2 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
2 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--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 |
|
26 |
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.