|
Report Date : |
23.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
THREE D INTEGRATED SOLUTIONS LIMITED |
|
|
|
|
Registered
Office : |
W-77, Greater Kailash Part II, New Delhi-110048 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
22.03.2007 |
|
|
|
|
Com. Reg. No.: |
55-160949 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 0.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72213DL2007PLC160949 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELT07148B |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCT6372K |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
The subject is service provider of System Integration, Technical
Support Services and Sale of Technical Spares |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (41) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 180000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. It has
achieved an increase in its sales turnover and profits during 2011. Trade relations are reported as fair. Business is active. Payments are
reported to be usually correct. The company can be considered 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.
LOCATIONS
|
Registered Office : |
W-77, Greater Kailash Part II, New Delhi-110048, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
#609-611, 6th Floor, JMD Pacific Square, Opposite 32nd
Mile Stone, NH-8, Sector-15, Gurgaon-122002, Haryana, India |
|
Tel. No.: |
91-124-4974730 / 4101883 / 84 |
|
Fax No.: |
91-124-4054225 |
|
|
|
|
Services Sales and support Office : |
#409, 4th Floor, Bestech Cyber Park, Narsinghpur, NH-8, Gurgaon-122004,
Haryana, India |
|
Tel. No.: |
91-124-2210165 |
|
Fax No.: |
91-124-2210164 |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Kuldeep Kaul |
|
Designation : |
Director |
|
Address : |
302/22, Heritage City Meharauli Gurgaon Road, Gurgaon-122002, Haryana,
India |
|
Date of Birth/Age : |
23.10.1961 |
|
Date of Appointment : |
02.11.2009 |
|
DIN No.: |
00356445 |
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 |
U51109DL1999PTC102035 |
HORIZON
BROADCAST ELECTRONICS PRIVATE LIMITED |
Director |
20/10/1999 |
20/10/1999 |
- |
Active |
NO |
|
2 |
U74999DL2002PTC115897 |
HBE
AVIOSEC PRIVATE LIMITED |
Director |
20/06/2002 |
20/06/2002 |
- |
Active |
NO |
|
3 |
U32204DL2004PTC124698 |
NEXTGEN
TECHSOLUTIONS PRIVATE LIMITED |
Director |
17/02/2004 |
17/02/2004 |
- |
Active |
NO |
|
4 |
U72213DL2007PLC160949 |
THREE
D INTEGRATED SOLUTIONS LIMITED |
Director |
30/09/2010 |
22/03/2007 |
- |
Active |
NO |
|
5 |
U74120DL2007PLC166605 |
GLOBAL
AVIANAUTICS LIMITED |
Director |
03/08/2007 |
03/08/2007 |
20/08/2010 |
Active |
NO |
|
6 |
U52393DL2006PTC145131 |
GOVIND
JEWELS PRIVATE LIMITED |
Director |
30/09/2010 |
16/03/2010 |
- |
Active |
NO |
|
7 |
U29253KA2011PTC059508 |
V S
PROTO FABS PRIVATE LIMITED |
Director |
07/07/2011 |
07/07/2011 |
- |
Active |
NO |
|
Name : |
Mr. Nand Lal Bhatia |
|
Designation : |
Director |
|
Address : |
W-77, Greater Kailash Part II, New Delhi-110048, India |
|
Date of Birth/Age : |
15.08.1948 |
|
Date of Appointment : |
02.11.2009 |
|
DIN No.: |
00398530 |
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 |
U51109DL1999PTC102035 |
HORIZON
BROADCAST ELECTRONICS PRIVATE LIMITED |
Director |
27/12/1999 |
27/12/1999 |
- |
Active |
NO |
|
2 |
U74999DL2002PTC115897 |
HBE
AVIOSEC PRIVATE LIMITED |
Director |
20/06/2002 |
20/06/2002 |
- |
Active |
NO |
|
3 |
U32204DL2004PTC124698 |
NEXTGEN
TECHSOLUTIONS PRIVATE LIMITED |
Director |
17/02/2004 |
17/02/2004 |
- |
Active |
NO |
|
4 |
U72213DL2007PLC160949 |
THREE
D INTEGRATED SOLUTIONS LIMITED |
Director |
30/09/2010 |
22/03/2007 |
- |
Active |
NO |
|
5 |
U74120DL2007PLC166605 |
GLOBAL
AVIANAUTICS LIMITED |
Director |
03/08/2007 |
03/08/2007 |
20/08/2010 |
Active |
NO |
|
6 |
U52393DL2006PTC145131 |
GOVIND
JEWELS PRIVATE LIMITED |
Director |
30/09/2010 |
16/03/2010 |
- |
Active |
NO |
|
7 |
U74140DL2010PTC206760 |
OMNITECH
TRANSPORT SYSTEMS PRIVATE LIMITED |
Director |
06/08/2010 |
06/08/2010 |
- |
Active |
NO |
|
8 |
U29253KA2011PTC059508 |
V S
PROTO FABS PRIVATE LIMITED |
Director |
07/07/2011 |
07/07/2011 |
- |
Active |
NO |
|
Name : |
Mr. Chandra Sekar Jayaraman |
|
Designation : |
Director |
|
Address : |
202, Akashdarshan Apartments, Mayur Vihar, Phase-I, Delhi-110091,
India |
|
Date of Birth/Age : |
05.01.1950 |
|
Date of Appointment : |
01.12.2009 |
|
DIN No.: |
02859475 |
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 |
U72213DL2007PLC160949 |
THREE
D INTEGRATED SOLUTIONS LIMITED |
Director |
30/09/2010 |
01/12/2009 |
Active |
NO |
|
2 |
U32204DL2004PTC124698 |
NEXTGEN
TECHSOLUTIONS PRIVATE LIMITED |
Director |
30/09/2011 |
24/01/2011 |
Active |
NO |
|
3 |
U29253KA2011PTC059508 |
V S
PROTO FABS PRIVATE LIMITED |
Director |
07/07/2011 |
07/07/2011 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Kaul Kuldeep |
8500 |
|
Kaul Romella |
8500 |
|
Bhatia Lal Nand |
16500 |
|
Bhatia Rukmani |
16495 |
|
Bhatia Savita |
1 |
|
Bhatia Siddharth |
2 |
|
Juneja Urvi |
2 |
|
TOTAL
|
50000 |
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 : |
The subject is service provider of System Integration, Technical
Support Services and Sale of Technical Spares |
|
|
|
|
Services : |
·
System Integration ·
Technical Support Service ·
Sale of Technical Spares |
GENERAL INFORMATION
|
Customers : |
·
Doordarshan ·
Reliance ·
Sun TV Group ·
Sahara TV ·
Zee Telefilms ·
All India Radio ·
Adlabs ·
Radio City (Star) ·
Radio Mirchi ·
RED FM ·
IGNOU ·
Jain TV ·
Eenadu TV ·
Bharti ·
VSNL ·
Asianet |
||||||||||||
|
|
|
||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
·
HDFC Bank Limited, HDFC House, Senapati Bapat
Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
D. V. Mittal and Company Chartered Accountant |
|
Address : |
101, Time House, 5, Community Centre, Wazirpur Commercial Complex, New
Delhi-110052, India |
|
PAN No.: |
AAAFD5458K |
|
|
|
|
Subsidiaries : |
Nextgen Techsolutions Private Limited CIN No.: U32204DL2004PTC124698 |
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
Rs.10/- each |
Rs. 0.500
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 |
0.500 |
0.500 |
0.500 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
45.929 |
31.535 |
26.692 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
46.429 |
32.035 |
27.192 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
39.445 |
0.000 |
0.128 |
|
|
TOTAL BORROWING |
39.445 |
0.000 |
0.128 |
|
|
DEFERRED TAX LIABILITIES |
0.075 |
0.046 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
85.949 |
32.081 |
27.320 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
2.394 |
1.990 |
1.991 |
|
|
Capital work-in-progress |
3.062 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.255 |
0.000 |
4.499 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.007 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
4.172 |
2.598 |
|
|
Sundry Debtors |
44.264
|
44.731 |
39.291 |
|
|
Cash & Bank Balances |
55.380
|
30.829 |
5.943 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
13.585
|
15.305 |
6.985 |
|
Total
Current Assets |
113.229
|
95.037 |
54.817 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
5.294
|
42.646 |
16.812 |
|
|
Other Current Liabilities |
20.585
|
16.448 |
11.996 |
|
|
Provisions |
7.165
|
5.957 |
5.344 |
|
Total
Current Liabilities |
33.044
|
65.051 |
34.152 |
|
|
Net Current Assets |
80.185
|
29.986 |
20.665 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.053 |
0.105 |
0.158 |
|
|
|
|
|
|
|
|
TOTAL |
85.949 |
32.081 |
27.320 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
164.711 |
154.507 |
74.656 |
|
|
|
Other Income |
7.554 |
0.482 |
0.296 |
|
|
|
TOTAL (A) |
172.265 |
154.989 |
74.952 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Raw Material Consumed |
28.491 |
30.573 |
14.172 |
|
|
|
Administrative Expenses |
117.242 |
105.129 |
46.081 |
|
|
|
Selling Expenses |
4.344 |
1.853 |
0.000 |
|
|
|
Exchange Rate Fluctuations |
0.000 |
0.137 |
0.526 |
|
|
|
Loss on Sale of Investments |
0.000 |
6.079 |
7.600 |
|
|
|
Loss on Sale of Assets |
0.000 |
0.002 |
0.000 |
|
|
|
Prior Period Items |
0.000 |
0.005 |
0.009 |
|
|
|
TOTAL (B) |
150.077 |
143.778 |
68.388 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
22.188 |
11.211 |
6.564 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.276 |
0.082 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
21.912 |
11.129 |
6.564 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION (F) |
0.325 |
0.276 |
0.661 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
21.587 |
10.853 |
5.903 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
7.194 |
6.010 |
5.244 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
14.393 |
4.843 |
0.659 |
|
|
|
|
|
|
|
|
|
|
EXPORT VALUE |
47.302 |
13.296 |
22.326 |
|
|
|
|
|
|
|
|
|
|
IMPORTS VALUE |
4.991 |
9.015 |
9.043 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
287.87 |
96.86 |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
8.36
|
3.12 |
0.88 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
13.11
|
7.02 |
7.91 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
18.67
|
11.19 |
10.39 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.46
|
0.34 |
0.22 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.56
|
2.03 |
1.26 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.43
|
1.46 |
1.61 |
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 |
Yes |
|
19] |
Payments terms |
No |
|
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 |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External
Agency Rating, if available |
No |
FORM 8
|
Corporate identity
number of the company |
U72213DL2007PLC160949 |
|
Name of the
company |
THREE D
INTEGRATED SOLUTIONS LIMITED |
|
Address of the
registered office or of the principal place of business in |
W-77, Greater Kailash Part II, New Delhi-110048, India |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Book
debts ·
Movable
property (not being pledge) ·
Floating
charge |
|
Particular of
charge holder |
HDFC Bank Limited, HDFC House, Senapati Bapat Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India |
|
Nature of
instrument creating charge |
Letter of
Hypothecation. |
|
Date of
instrument Creating the charge |
13.01.2011 |
|
Amount secured by
the charge |
Rs. 25.000
Millions |
|
Brief of the principal
terms an conditions and extent and operation of the charge |
Rate of interest Interest at the
rate as may be communicated by the Bank from time to time. Terms of repayment On Demand. Margin Company shall at
all times during the continuance of this security maintain the said debts of
a sufficient amount to provide the margin of security as may from time to
time advised by the Bank. Extent and operation of the charge Hypothecation by
way of First Charge on Company's Stocks and Book Debts, etc., to secure as a
continuing security as for the repayment of Rs. 25.000 Millions, together
with interest, costs, charges, expenses and other moneys due and payable by
the Company to the Bank. |
|
Short particulars
of the property charged (Including location of the property) |
Stock in Trade,
consisting of raw materials, goods in process of manufacturing finished
goods, and other merchandise whatsoever being movable properties, now stored
at or All the debts,
that is, all the book debts, outstanding, monies receivables, claims, bills, invoice documents, contracts,
guarantees, and rights which are now due |
FIXED ASSETS
·
Equipments
·
Computers
·
Mobile Phones
WEBSITE DETAILS
PROFILE
Subject
is a young and growing organization started with a focus on customer
satisfaction and delight. Subject has earned the reputation of being the most
respected organization in terms of innovative approach and technical competence
in the field of Broadcast and Avionics
While
Group has grown exponentially to capture between 70-94% of the market share in
all the products that it offers, Subject always believed that selling a product
is only a part of the offering, and unless a very strong after sales support
back –up is provided, Clients will find it difficult to continue with such
products, especially in this space where most of the systems are imported.
Subject
had understood this need from day one and had invested in its Support resources
by creating a pool of trained technical staff, a large local Inventory of
spares for warranty and post warranty support and a well equipped Service
Centre.
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 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. 55.51 |
|
|
1 |
Rs. 87.59 |
|
Euro |
1 |
Rs. 69.14 |
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 |
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 |
5 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
41 |
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.