1. Summary Information
|
|
|
Country |
|
|
Company Name |
ADITYA INFOTECH LIMITED |
Principal Name 1 |
MR. HARI SHANKAR KHEMKA |
|
Status |
SATISFACTORY |
Principal Name 2 |
MR. SURENDRA KUMAR KHEMKA |
|
|
|
Registration # |
55-66784 |
|
Street Address |
|
||
|
Established Date |
27.03.1995 |
SIC Code |
-- |
|
Telephone# |
91-11-26223810 |
Business Style 1 |
SUPPLIER |
|
Fax # |
91-11-26227979 |
Business Style 2 |
DISTRIBUTOR |
|
Homepage |
Product Name 1 |
SOFTWARE |
|
|
# of employees |
- |
Product Name 2 |
SECURITY PRODUCTS |
|
Paid up capital |
Rs.
25,000,000/- |
Product Name 3 |
GRAPHIC CARDS |
|
Shareholders |
Directors or relatives of directors - 87.53% Other top fifty shareholders – 12.47% |
Banking |
TAMILNAD
MERCANTILE BANK LIMITED |
|
Public Limited Corp. |
NO |
Business Period |
17 YEARS |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
BA (49) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Related Party |
|
Aditya Promoters
Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
426,482,000 |
Current Liabilities |
383,378,000 |
|
Inventories |
98,658,000 |
Long-term Liabilities |
60,157,000 |
|
Fixed Assets |
28,169,000 |
Other Liabilities |
26,821,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
470,356,000 |
|
Invest& other Assets |
8,278,000 |
Retained Earnings |
66,231,000 |
|
|
|
Net Worth |
91,231,000 |
|
Total Assets |
561,587,000 |
Total Liab. & Equity |
561,587,000 |
|
Total Assets (Previous Year) |
371,255,000 |
|
|
|
P/L Statement as of |
31.03.2010 |
(Unit: Indian Rs.) |
|
|
Sales |
1,515,910,000 |
Net Profit |
45,394,000 |
|
Sales(Previous yr) |
1,096,736,000 |
Net Profit(Prev.yr) |
7,650,000 |
MIRA
INFORM REPORT
|
Report Date : |
12.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
ADITYA INFOTECH LIMITED |
|
|
|
|
Formerly Known As
: |
PERFECT LUCKY GOLDSTAR INTERNATIONAL LIMITED |
|
|
|
|
Registered
Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of Incorporation
: |
27.03.1995 |
|
|
|
|
Com. Reg. No.: |
55-066784 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 25.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1995PLC066784 |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
DELA07429C |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCA1601R |
|
|
|
|
Legal Form : |
A closely held
public limited liability company. |
|
|
|
|
Line of Business
: |
Distributor and supplier of all
kinds of audio products, broadcasting products, video products, professional
audio equipment, security equipment and IT products. |
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 |
|
Maximum Credit Limit : |
USD 360000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established company having satisfactory track. Trade
relations are reported as fair. Business is active. Payments are reported to
be usually correct and as per commitments. The company 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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
LOCATIONS
|
Registered Office : |
|
|
Tel. No.: |
91-11-26223810/3811/26452211/2212 |
|
Fax No.: |
91-11-26227979/26232212 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
AS ON 29.09.2010
|
Name : |
Mr. Hari Shankar Khemka |
|
Designation : |
Directors |
|
Address : |
C-29, Friends Colony, |
|
Date of Birth/Age : |
08.11.1953 |
|
Date of Appointment : |
27.03.1995 |
|
DIN No.: |
00514501 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1986PTC025459 |
ADITYA
ECOLOGICAL PROJECTS PRIVATE LIMITED |
Director |
15-09-86 |
15-09-86 |
- |
Active |
NO |
|
2 |
U74899DL1987PTC028206 |
ADITYA
COLONIZERS PRIVATE LIMITED |
Director |
04-06-87 |
04-06-87 |
- |
Active |
NO |
|
3 |
U45201DL1987PLC028576 |
ADITYA
PROMOTERS LIMITED. |
Director |
10-07-87 |
10-07-87 |
29-08-11 |
Active |
NO |
|
4 |
U74899DL1995PLC066784 |
ADITYA
INFOTECH LIMITED |
Director |
27-03-95 |
27-03-95 |
- |
Active |
NO |
|
5 |
U72900DL2001PLC113103 |
INT
INFOSOLUTION INDIA LIMITED |
Director |
09-11-01 |
09-11-01 |
- |
Active |
NO |
|
6 |
U51909DL2009PTC188190 |
NSC
INTERNATIONAL PRIVATE LIMITED |
Director |
05-03-09 |
05-03-09 |
- |
Active |
NO |
|
Name : |
Mr. Anand Kumar Khemka |
|
Designation : |
Directors |
|
Address : |
C-29, Friends Colony, |
|
Date of Birth/Age : |
03.07.1955 |
|
Date of Appointment : |
27.02.1999 |
|
DIN No.: |
00514629 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1987PTC028206 |
ADITYA
COLONIZERS PRIVATE LIMITED |
Director |
04-06-87 |
04-06-87 |
- |
Active |
NO |
|
2 |
U45201DL1987PLC028576 |
ADITYA
PROMOTERS LIMITED. |
Director |
10-07-87 |
10-07-87 |
- |
Active |
NO |
|
3 |
U74899DL1987PTC027666 |
TREND
SETTER PROMOTERS PRIVATE LIMITED |
Director |
10-08-92 |
10-08-92 |
- |
Active |
NO |
|
4 |
U74899DL1995PLC066784 |
ADITYA
INFOTECH LIMITED |
Director |
27-02-99 |
27-02-99 |
- |
Active |
NO |
|
5 |
U72900DL2000PTC103575 |
ADITYA
INFOSOLUTIONS PRIVATE LIMITED |
Director |
02-02-00 |
02-02-00 |
30-08-11 |
Active |
NO |
|
Name : |
Mr. Surendra Kumar Khemka |
|
Designation : |
Directors |
|
Address : |
C-29, Friends Colony, |
|
Date of Birth/Age : |
04.11.1958 |
|
Date of Appointment : |
27.03.1995 |
|
DIN No.: |
00514372 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1987PTC028206 |
ADITYA
COLONIZERS PRIVATE LIMITED |
Director |
04-06-87 |
04-06-87 |
Active |
NO |
|
2 |
U45201DL1987PLC028576 |
ADITYA
PROMOTERS LIMITED. |
Director |
10-07-87 |
10-07-87 |
Active |
NO |
|
3 |
U74899DL1995PLC066784 |
ADITYA
INFOTECH LIMITED |
Director |
27-03-95 |
27-03-95 |
Active |
NO |
|
4 |
U72900DL2000PTC103575 |
ADITYA
INFOSOLUTIONS PRIVATE LIMITED |
Director |
29-08-11 |
29-08-11 |
Active |
NO |
|
Name : |
Mr. Aditya Khemka |
|
Designation : |
Directors |
|
Address : |
C-29, Friends Colony, |
|
Date of Birth/Age : |
27.10.1974 |
|
Date of Appointment : |
27.03.1995 |
|
DIN No.: |
00514552 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U45201DL1987PLC028576 |
ADITYA
PROMOTERS LIMITED. |
Director |
31-03-93 |
31-03-93 |
29-08-11 |
Active |
NO |
|
2 |
U74899DL1995PLC066784 |
ADITYA
INFOTECH LIMITED |
Director |
27-03-95 |
27-03-95 |
- |
Active |
NO |
|
3 |
U72900DL2000PTC103575 |
ADITYA
INFOSOLUTIONS PRIVATE LIMITED |
Director |
02-02-00 |
02-02-00 |
30-08-11 |
Active |
NO |
|
4 |
U72900DL2001PLC113103 |
INT
INFOSOLUTION INDIA LIMITED |
Director |
09-11-01 |
09-11-01 |
- |
Active |
NO |
|
5 |
U74120HR2008PTC038655 |
BEST
PRINS ECOTECH PRIVATE LIMITED |
Director |
30-08-11 |
17-09-10 |
- |
Active |
NO |
|
6 |
U72900DL2011PTC217677 |
ADITYA
INFOMARKETING PRIVATE LIMITED |
Director |
18-04-11 |
18-04-11 |
- |
Active |
NO |
|
Name : |
Mr. Rishi Khemka |
|
Designation : |
Directors |
|
Address : |
C-29, Friends Colony, |
|
Date of Birth/Age : |
25.12.1976 |
|
Date of Appointment : |
01.05.2005 |
|
DIN No.: |
00514590 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U72900DL2000PTC103575 |
ADITYA
INFOSOLUTIONS PRIVATE LIMITED |
Director |
02-02-00 |
02-02-00 |
30-08-11 |
Active |
NO |
|
2 |
U72900DL2001PLC113103 |
INT INFOSOLUTION
INDIA LIMITED |
Director |
01-03-05 |
01-03-05 |
- |
Active |
NO |
|
3 |
U74899DL1995PLC066784 |
ADITYA
INFOTECH LIMITED |
Director |
01-05-05 |
01-05-05 |
- |
Active |
NO |
|
4 |
U72900DL2011PTC217677 |
ADITYA
INFOMARKETING PRIVATE LIMITED |
Director |
18-04-11 |
18-04-11 |
- |
Active |
NO |
|
Name : |
Mr. Gaurav Khemka |
|
Designation : |
Directors |
|
Address : |
C-29, Friends Colony, |
|
Date of Birth/Age : |
25.07.1980 |
|
Date of Appointment : |
18.06.2005 |
|
DIN No.: |
00514701 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U74899DL1995PLC066784 |
ADITYA
INFOTECH LIMITED |
Director |
18-06-05 |
18-06-05 |
- |
Active |
NO |
|
2 |
U72900DL2000PTC103575 |
ADITYA
INFOSOLUTIONS PRIVATE LIMITED |
Director |
07-12-06 |
07-12-06 |
30-08-11 |
Active |
NO |
|
3 |
U51909DL2009PTC188190 |
NSC
INTERNATIONAL PRIVATE LIMITED |
Director |
05-03-09 |
05-03-09 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2010
|
Names of Shareholders |
No. of Shares |
|
Hari Shankar Khemka |
252863 |
|
Anand Kumar Khemka (HUF) |
97120 |
|
Govind Kumar Khemka (HUF) |
135630 |
|
Aditya Khemka (HUF) |
514 |
|
Urmila Khemka |
103104 |
|
Rishi Khemka |
250000 |
|
Indu Khemka |
121816 |
|
Surendra Khemka (HUF) |
59403 |
|
Anand Kumar Khemka |
130164 |
|
Prabha Khemka |
163807 |
|
Aruna Khemka |
140000 |
|
Gaurav Khemka |
250000 |
|
Surendra Khemka |
193781 |
|
|
19033 |
|
Aditya Khemka |
238169 |
|
Shradha Khemka |
11317 |
|
Vikramaditya Khemka |
7716 |
|
Govind Kumar Khemka |
75563 |
|
Raghav Khemka |
250000 |
|
Total
|
2500000 |
AS ON 29.09.2010
|
Equity Shares
Break Up |
Percentage |
|
Directors or relatives of Directors |
87.53 |
|
Other top fifty shareholders |
12.47 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Distributor and supplier of
all kinds of audio products, broadcasting products, video products,
professional audio equipment, security equipment and IT products. |
|
|
|
|
Products : |
v
Software v
Security Products v
Graphic Cards |
GENERAL INFORMATION
|
Bankers : |
·
Tamilnad Mercantile Bank Limited, 384,390, 1st
Floor, Lokenath Building, Gandhi Chowk, New Delhi- 110 006, Delhi, India |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
||||||||||||||||||||||||||||||||||||
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
D.P. Kapoor and Company Chartered Accountants |
|
Address : |
N-52, Connaught Circus, Opposite
Scindia House, New Delhi-110 001, |
|
Tel. No.: |
91-11-23313201/41523262 |
|
E-Mail : |
|
|
PAN No.: |
AACFD8687Q |
|
|
|
|
Related Party : |
·
Aggarwal Textile Company ·
Aditya Colonizers Private Limited ·
Aditya Infosolution Private Limited ·
Trend Setter Promoters Private Limited ·
Aditya Promoters Limited ·
Aditya Infotech (HK) Limited ·
Newsprint Sales Corporation ·
NSC International Limited |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2500000 |
Equity Shares |
Rs.10/- each |
Rs. 25.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2500000 |
Equity Shares |
Rs.10/- each |
Rs. 25.000 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
25.000 |
20.000 |
17.500 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
66.231 |
20.837 |
13.188 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
91.231 |
40.837 |
30.688 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
12.934 |
27.356 |
22.165 |
|
|
2] Unsecured Loans |
47.223 |
54.801 |
31.198 |
|
|
TOTAL BORROWING |
60.157 |
82.157 |
53.363 |
|
|
DEFERRED TAX LIABILITIES |
3.136 |
2.461 |
2.211 |
|
|
|
|
|
|
|
|
TOTAL |
154.524 |
125.455 |
86.262 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
28.169 |
20.246 |
18.441 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
8.278 |
7.077 |
7.077 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
98.658
|
88.051
|
65.536 |
|
|
Sundry Debtors |
284.169
|
160.286
|
90.094 |
|
|
Cash & Bank Balances |
73.240
|
48.509
|
37.827 |
|
|
Other Current Assets |
24.281
|
0.000
|
0.000 |
|
|
Loans & Advances |
44.792
|
47.086
|
23.368 |
|
Total
Current Assets |
525.140
|
343.932 |
216.825 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
339.094
|
224.549 |
137.648 |
|
|
Other Current Liabilities |
44.284
|
15.076
|
11.390 |
|
|
Provisions |
23.685
|
6.175
|
7.043 |
|
Total
Current Liabilities |
407.063
|
245.800 |
156.081 |
|
|
Net Current Assets |
118.077
|
98.132
|
60.744 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
154.524 |
125.455 |
86.262 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales and Services |
1515.910 |
1096.736 |
721.301 |
|
|
|
Other Income |
2.205 |
1.594 |
2.321 |
|
|
|
TOTAL (A) |
1518.115 |
1098.330 |
723.622 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases and Direct Costs |
1128.493 |
883.132 |
540.568 |
|
|
|
Personnel Expenses |
93.394 |
72.329 |
48.177 |
|
|
|
Administrative Expenses |
59.377 |
34.199 |
31.728 |
|
|
|
Selling and Distribution Expenses |
28.024 |
26.023 |
22.556 |
|
|
|
|
116.475 |
61.911 |
35.414 |
|
|
|
Increase/(Decrease) in Finished Goods |
(10.606) |
(22.515) |
9.698 |
|
|
|
TOTAL (B) |
1415.157 |
1055.079 |
688.141 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
102.958 |
43.251 |
35.481 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
28.647 |
25.822 |
17.797 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
74.311 |
17.429 |
17.684 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
4.346 |
3.355 |
2.766 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
69.965 |
14.074 |
14.918 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
24.571 |
6.424 |
7.548 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
45.394 |
7.650 |
7.370 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
20.837 |
13.187 |
5.817 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
66.231 |
20.837 |
13.187 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Traded Goods |
1064.809 |
779.060 |
492.045 |
|
|
TOTAL IMPORTS |
1064.809 |
779.060 |
492.045 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
18.16 |
3.06 |
2.95 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
2.99
|
0.70
|
1.02 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
4.62
|
1.28
|
2.07 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
12.64
|
3.86
|
4.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.77
|
0.34
|
0.49 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
5.16
|
8.03
|
6.82 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.29
|
1.40
|
1.39 |
LOCAL AGENCY FURTHER INFORMATION
PERFORMANCE REVIEW
They are pleased to inform you that the company has done well in the year.
In comparison to the year 2008-2009 with the year 2009-2010, turnover of the
company has gone up from Rs. 1096.736 Millions to Rs. 1515.910 millions. Due to
further improvement in economic and market conditions as compared to last year,
the company is expecting a much higher growth this year.
FORM 8
|
Corporate
identity number of the company |
U74899DL1995PLC066784 |
|
Name of the
company |
ADITYA INFOTECH
LIMITED |
|
Address of the
registered office or of the principal place of business in |
|
|
This form is for |
Modification of
charge |
|
Type of charge |
Immovable
property Book debts Movable property
(not being pledge) Others |
|
Particular of
charge holder |
Tamilnad Mercantile Bank Limited,384,390, 1st Floor, |
|
Nature of
instrument creating charge |
1.Sanction
Intimation letter of Bank dated -20.08.2010. 2.General Letter
of Undertaking dated -01.10.2010. 3.Lettter of
hypothecation of goods dated-01.10.2010 4.Mortgage
extension letter dated-01.10.2010 5.Agreement for
Demand cash credit on hypothecation of Movable Properties dated-01.10.2010. |
|
Date of instrument
Creating the charge |
01.10.2010 |
|
Amount secured by
the charge |
Rs. 420.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest CC(ST) -BR +3%
presently 11.50%; FLC/FCL/BG for STTC - FLC/BG for STTC-Nil, FCL- As per IBD
guidelines from time to time; ILC/IBG- NA; FBG-NA; Forward Contract-NA. Terms of repayment 1 Year Margin CC(ST)-20% ;
FLC/FCL/BG for STTC – Up to 180 days-10% & Above 180 days till one year -100%
; ILC/IBG- 10%; FBG-10% ; Forward Contract-Nil. Extent and operation of the charge 100% |
|
Short particulars
of the property charged (Including location of the property) |
·
On
extension of equitable mortgage of vacant land measuring 1512 sq. yards part
of Kh. No. 22/23 Village Budhpur, Bijapur, Delhi-36, standing in the name of
Mr. Anand Kumar Khemka valued Rs. 2.700 millions ·
On
extension of equitable mortgage of vacant land measuring 1562 sq. yards at
Kh. No. 22/22 (0-13),22/23 (0-14),22/28(0-4) Village Budhpur, Bijapur, Delhi,
standing in the name of Mr. Govind Kumar Khemka ·
On
extension of equitable mortgage of land measuring 1 Bigha 3 Biswas (1159.2
Sq. yards no. 22/22(0-12) and 22/23 (0-11)) Village Budhpur, Bijapur, Delhi,
standing in the name of Mr. Aditya Khemka. ·
On
extension of equitable mortgage of land measuring 1 Bigha 3 Biswas (1159.2
Sq. yards) in khasra No. 22/22, Village Budhpur, Bijapur, Delhi, standing in
the name of Mr. Surendra kumar Khemka. ·
On
extension of equitable mortgage of land measuring 1 Bigha 4 Biswas (1209.6
Sq. yards) in khasra no. 22/18, Village Budhpur, Bijapur, Delhi, standing in
the name of Mr. Hari Shankar Khemka ·
On
equitable mortgage of land and Building situated at gala No. 5m, Laxmi
Industrial Estate, New Link Road, Andheri (West), Mumbai-53 measuring 2695
sq. ft in the name of M/s. Aditya Colonizers Private Limited ·
On
extension of equitable mortgage of lease hold land to the extant of
1216.80sq.mts.and office cum factory building constructed thereon to the extent
of 22312.57 sq. ft. situated at A-83,sector-57,Noida ·
On
equitable mortgage of land to an extent of 115.89 sq. mts and commercial
building constructed there at to an extent of 1247.47 sq.ft.in basement at
unit no.1 Community Centre, Saket, New Delhi. |
|
Charge
identification number of the charge to be modified |
80010136 |
|
Date of
instrument modifying the charge |
09.11.2009 |
|
Particulars of
the present modification |
The Credit Limits
Sanctioned To M/S. Aditya Infotech Is Enhanced From Rs. 305.500 Millions To
Rs. 420.000 Millions |
FIXED ASSETS:
v Office Equipments
v Computers and Peripherals
v Furniture and Fixture and Fitting
v Generator
v Vehicle
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. 51.75 |
|
|
1 |
Rs. 80.00 |
|
Euro |
1 |
Rs. 65.99 |
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 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
|
49 |
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.