BUSINESS INFORMATION REPORT
1. Summary Information
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Country |
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Company Name |
PERFECT COATED PAPERS INDIA PRIVATE LIMITED |
Principal Name 1 |
MR. GANESAN RAVIKUMAR |
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Status |
MODERATE |
Principal Name 2 |
MR. R. VIJAYARAGHAVAN |
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Registration # |
18-012868 |
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Street Address |
NO.9, PSGG NAGAR, |
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Established Date |
20.06.2006 |
SIC Code |
-- |
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Telephone# |
91-422-2576762 |
Business Style 1 |
MANUFACTURER |
|
Fax # |
91-422-2592831 |
Business Style 2 |
EXPORTER |
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Homepage |
Product Name 1 |
THERMAL PAPER |
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|
# of employees |
INFORMATION DECLINED BY THE MANAGEMENT |
Product Name 2 |
-- |
|
Paid up capital |
RS.200,000/- |
Product Name 3 |
-- |
|
Shareholders |
NOT AVAILABLE |
Banking |
UNION
BANK OF |
|
Public Limited Corp. |
NO |
Business Period |
6 YEARS |
|
IPO |
NO |
International Ins. |
-- |
|
Public |
NO |
Rating |
Ca |
|
Related
Company |
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Relation
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Country
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Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
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Note |
--
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2. Summary
Financial Statement
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Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
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Assets |
Liabilities |
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Current Assets |
NA |
Current Liabilities |
NA |
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Inventories |
NA |
Long-term Liabilities |
NA |
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Fixed Assets |
NA |
Other Liabilities |
NA |
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Deferred Assets |
NA |
Total Liabilities |
NA |
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Invest& other Assets |
NA |
Retained Earnings |
NA |
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Net Worth |
NA |
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Total Assets |
NA |
Total Liab. & Equity |
NA |
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Total Assets (Previous Year) |
NA |
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|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
NOT DIVULGED |
Net Profit |
NOT DIVULGED |
|
Sales(Previous yr) |
NOT DIVULGED |
Net Profit(Prev.yr) |
NOT DIVULGED |
MIRA
INFORM REPORT
|
Report Date : |
20.01.2012 |
IDENTIFICATION DETAILS
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Name : |
PERFECT COATED PAPERS INDIA PRIVATE LIMITED |
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Registered
Office : |
No.9, PSGG Nagar, |
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Country : |
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Date of
Incorporation : |
20.06.2006 |
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Com. Reg. No.: |
18-012868 |
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Capital
Investment / Paid-up Capital : |
Rs.0.200
million |
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CIN No.: [Company Identification
No.] |
U21012TZ2006PTC012868 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and Exporter of Thermal Paper. |
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No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
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 |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
Subject is a company having moderate track. The management has not
filed the financials of the company with the government departments since its
inception. Mr. R. Vijayaraghavan, Director provided to us the general details
but denied to disclose financial details of the company. However, business is
active. Payments are unknown. The company can be considered for business dealings on a secured 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) |
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|
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INFORMATION PARTED BY (Partial Details)
|
Name : |
Mr. R. Vijayaraghavan |
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Designation : |
Director |
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Contact No.: |
91-9843015904 |
|
Date : |
20.01.2012 |
LOCATIONS
|
Registered Office : |
No.9, PSGG Nagar, |
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Tel. No.: |
91-422-2576762 |
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Mobile No.: |
91-9843015904 (Mr. R. Vijayaraghavan) |
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Fax No.: |
91-422-2592831 |
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E-Mail : |
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Website : |
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Location : |
Owned |
DIRECTORS
|
Name : |
Mr. Ganesan Ravikumar |
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Designation : |
Director |
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Address : |
A-1, |
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Date of Birth/Age : |
28.11.1970 |
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Date of Appointment : |
14.08.2008 |
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DIN No.: |
02244666 |
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|
Name : |
Mr. R. Vijayaraghavan |
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Designation : |
Director |
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Address : |
No.2, Jothi Nagar, |
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Name : |
Ms. V. Somyalakshmi |
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Designation : |
Director |
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Address : |
No.790, |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 15.06.2006
|
Names of Shareholders |
|
No. of Shares |
|
R. Vijayaraghavan |
|
10000 |
|
V. Somyalakshmi |
|
10000 |
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Total |
|
20000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Exporter of Thermal Paper. |
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Products : |
v ATM Machines v Cinema Tickets v Lottery Tickets v Cash Registers v POS(Point of Sale) v Electricity Bills v Petrol Pump Bills v Cell Phone Recharge Machines v Fax Machines v Airbus Boarding pass v Railway tickets v Medical Testing Equipments v Credit Card Swiping Machines v Toll Plazas v Race Club Tickets v Textile Equipments v
v Weighing Machines v Bar-code labels v Baggage Coupon v Bus Tickets |
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Exports : |
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Products : |
Thermal Paper |
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Countries : |
v
European Countries v
v
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
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No. of Employees : |
Information declined by the management |
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Bankers : |
Union Bank of |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Mr. P. Lakshmipathy Chartered Accountant |
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Address : |
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CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
4000000 |
Equity Shares |
Rs.10/- each |
Rs.40.000 millions |
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|
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
20000 |
Equity Shares |
Rs.10/- each |
Rs.0.200
million |
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|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT DIVULGED
The above information has been declined by Mr. R. Vijayaraghavan
(Director).
LOCAL AGENCY FURTHER INFORMATION
|
Check List by Info Agents |
Available in Report (Yes / No) |
|
1) Year of
Establishment |
Yes |
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2) Locality of
the firm |
Yes |
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3) Constitutions
of the firm |
Yes |
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4) Premises
details |
Yes |
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5) Type of
Business |
Yes |
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6) Line of
Business |
Yes |
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7) Promoter’s
background |
-- |
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8) No. of
employees |
No |
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9) Name of person
contacted |
Yes |
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10) Designation
of contact person |
Yes |
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11) Turnover of
firm for last three years |
No |
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12) Profitability
for last three years |
No |
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13) Reasons for
variation <> 20% |
No |
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14) Estimation
for coming financial year |
No |
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15) Capital in
the business |
No |
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16) Details of
sister concerns |
No |
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17) Major
suppliers |
No |
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18) Major
customers |
No |
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19) Payments
terms |
Yes |
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20) Export / Import
details (if applicable) |
Yes |
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21) Market
information |
-- |
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22) Litigations
that the firm / promoter involved in |
-- |
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23) Banking
Details |
Yes |
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24) Banking
facility details |
No |
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25) Conduct of
the banking account |
-- |
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26) Buyer visit
details |
-- |
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27) Financials,
if provided |
No |
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28) Incorporation
details, if applicable |
-- |
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29) Last accounts
filed at ROC |
-- |
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30) Major
Shareholders, if available |
-- |
FORM 8:
|
This form is for |
Creation of
charge |
|
Corporate
identity number of the company |
U21012TZ2006PTC012868 |
|
Name of the
company |
PERFECT COATED PAPERS INDIA PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
No.9, PSGG Nagar, |
|
Type of charge |
Immovable
Property |
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Particular of
charge holder |
Union Bank of E-Mail: unioncbe@vsnl.net |
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Nature of
description of the instrument creating or modifying the charge |
1. 2. Hypothecation
of plant and machinery worth Rs.33.575 millions 3. Hypothecation
of plant and machinery worth Rs.7.500 millions (to be acquired out of Term
Loan) |
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Date of
instrument Creating the charge |
10.10.2007 |
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Amount secured by
the charge |
Rs.15.000
millions |
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Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: 1.Term
loan-Rs.5.000 millions
Interest rate-14.25% 2.Cash credit
- Rs.10.000 millions
interest rate-14.00% 3. W/W inland
letter of credit Rs.5.000 millions interest
rate-16.75% Terms of
Repayment: 1. Term loan repayment
@ Rs.0.069 million per month for 72 months. Margin: Term loan - 25% Cash credit - 25%
on stocks Cash credit on
book debts - 50% on debts. Extent and
Operation of the charge: the charge are
executable when not repaid |
|
Short particulars
of the property charged |
Land and
Buildings at G.S. No 100/2-A and G. S. No. 100/2-B, measuring 3.85 acres,
Nallattipalayam Village, Pollachi Taluk, Coimbatore District. |
WEBSITE DETAILS:
PROFILE:
Subject was established by a group of young and vibrant
technocrats to produce world-class Thermal Paper. The Company commenced
commercial production in the year 2007 with an initial capacity of 50 tonnes
per month. Over the years the production capacity increased to 300 tonnes per
month and the company has emerged as the largest eco-friendly based Thermal
Paper Mill in
Subject is an acknowledged leader in technology in the manufacture of Thermal paper from using eco-friendly chemicals. It is one of the few units in the world to have such a distinction. The key areas of operation have been innovatively designed and developed by a competent technical team of the company.
Subject’s contemporary cutting edge technology processes and equipments along with a team of dedicated trained professionals ensure that customers always get consistent quality products. State of the art ‘Online Process Control Systems’ installed at various stages of manufacturing processes continuously measure and control critical parameters. R and D and QC activities are aimed towards achieving company’s corporate goals.
Round the clock they adhere to the following
Right quality and quantity of raw materials usage ensured through structured sampling and testing.
Sustained R and D efforts to support process for improvements in quality and trouble shooting
Set product norms/specifications to meet customer requirements based on national/ international standards applicable.
Customized support to customers and provide workable solutions for specific requirements.
Marketing in subject has always been a “gateway” function. The company has achieved “Zero Stock” during the past 2 years in a row. The company has developed an effective in-house mechanism for order processing, production planning, storage and material dispatch. This enables prompt delivery of their products.
Welcome to Subject. Since 2007, they have been mastering the art and science of manufacturing quality thermal paper in their state of the art production facility to international standards. Sustained R and D efforts to support process for continuous improvements in quality and trouble shooting.
They manufacture thermal and carbonless papers in reels that are required by numerous industries. With the help of cutting edge technology in the paper industry, they deliver products that are customized in terms of size, design and color to suit the specific requirements.
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.50.29 |
|
|
1 |
Rs.77.60 |
|
Euro |
1 |
Rs.64.67 |
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.