MIRA
INFORM REPORT
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Report Date : |
28.01.2012 |
IDENTIFICATION DETAILS
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Name : |
AGRIPLAST TECH INDIA PRIVATE LIMITED |
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Registered
Office : |
No.13, Victorian Meadows, Behind Bageecha Restaurant, |
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Country : |
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Date of
Incorporation : |
29.03.2011 |
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Com. Reg. No.: |
08-057924 |
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Capital Investment
/ Paid-up Capital : |
Rs.0.100 million |
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CIN No.: [Company Identification
No.] |
U01403KA2011PTC057924 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Trader and Importer of Agricultural Plastics and Inputs, etc. |
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No. of Employees
: |
12 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company establishing itself gradually. The company expects
sizable turnover in its very first year of operation. Trade relations are
reported as fair. 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
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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 |
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Insignificant |
A1 |
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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
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Name : |
Mr. Shubhankar |
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Designation : |
Marketing Manager |
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Contact No.: |
91-9980995210 |
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Date : |
23.01.2012 |
LOCATIONS
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Registered Office/ Mailing Address : |
No.13, Victorian Meadows, Behind Bageecha Restaurant, |
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Tel. No.: |
91-80-32917774 |
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Mobile No: |
91-9245136357 (Mr. Pankaj Roy) 91-9980995210 (Mr. Shubhankar) |
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Fax No.: |
91-80-41693451 |
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E-Mail : |
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Website: |
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Location: |
Owned |
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Head Office/ Administrative Office : |
Survey No.426 3B-1B, Nallur Village, Opposite Nallur Government
High School, |
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Tel. No.: |
91-4344-301126/ 27/ 28/ 29 |
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Fax No.: |
91-4344-301125 |
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E-Mail : |
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Flat No 301, 3rd Floor, Madhuri Enclave, Near
Pani Tanki More, |
DIRECTORS
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Name : |
Mr. Rajeeb Kumar Roy |
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Designation : |
Director |
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Address : |
No.13, Victorian Meadows, Behind Bageecha Restaurant, |
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Date of Birth/Age : |
02.02.1969 |
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Date of Appointment : |
29.03.2011 |
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DIN No. : |
03408802 |
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Name : |
Ms. Ranjana Roy |
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Designation : |
Director |
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Address : |
No.13, Victorian Meadows, Behind Bageecha Restaurant, |
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Date of Birth/Age : |
29.07.1969 |
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Date of Appointment : |
29.03.2011 |
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DIN No. : |
03408796 |
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Name : |
Mr. Neeraj Kumar Roy |
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Designation : |
Director |
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Address : |
No.13, Victorian Meadows, Behind Bageecha Restaurant, |
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Date of Birth/Age : |
15.04.1973 |
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Date of Appointment : |
29.03.2011 |
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DIN No. : |
03439583 |
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Name : |
Ms. Sumita Kumari |
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Designation : |
Director |
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Address : |
No.13, Victorian Meadows, Behind Bageecha Restaurant, |
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Date of Birth/Age : |
31.03.1973 |
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Date of Appointment : |
22.07.2011 |
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DIN No. : |
03577177 |
KEY EXECUTIVES
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Name : |
Mr. Shubhankar |
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Designation : |
Marketing Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 21.03.2011
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Names of Shareholders |
No. of Shares |
Percentage of
holding |
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Rajeeb Kumar Roy |
400 |
40.00% |
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Ranjana Roy |
400 |
40.00% |
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Neeraj Kumar Roy |
200 |
20.00% |
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Total |
1000 |
100.00% |
BUSINESS DETAILS
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Line of Business : |
Trader and Importer of Agricultural Plastics and Inputs, etc. |
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Products : |
v
Greenhouse Covering Film and Mulching Film v
v
v
v
v
v
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Imports : |
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Products : |
Agricultural Plastics and Inputs, etc |
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Countries : |
v
v
v
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Terms : |
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Selling : |
Cash and Credit (30/ 60 days) |
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Purchasing : |
L/C, Cash and Credit (30/ 60 days) |
Insect Nets, Anti Virus Nets, Spider Net,
Anti Hail NetGENERAL INFORMATION
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Customers : |
Wholesalers, Retailers and End Users |
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No. of Employees : |
12 (Approximately) |
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Bankers : |
v
ICICI Bank, Krishnagiri Branch, v
Indian Bank, |
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Auditors : |
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Name : |
Mr. Mohan Chartered Accountant |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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200000 |
Equity Shares |
Rs.100/- each |
Rs.20.000 millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000 |
Equity Shares |
Rs.100/-each |
Rs.0.100
million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW COMPANY
Expected Sales (2011-2012): Rs.300.000 millions
The above information has been parted by Mr. Shubhankar (Marketing
Manager).
LOCAL AGENCY FURTHER INFORMATION
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Check List by Info Agents |
Available in Report (Yes / No) |
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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 |
Yes |
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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 |
-- |
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12) Profitability
for last three years |
-- |
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13) Reasons for
variation <> 20% |
-- |
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14) Estimation
for coming financial year |
Yes |
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15) Capital in the
business |
No |
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16) Details of
sister concerns |
-- |
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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 |
-- |
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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 |
-- |
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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 |
-- |
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.65 |
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1 |
Rs.77.80 |
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Euro |
1 |
Rs.65.05 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.