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Report Date : |
07.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
DADHI VALA MANUFACTURERS AND CONSULTANTS PRIVATE LIMITED |
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Registered
Office : |
D- 889, Ashok Nagar Gali No.13, Shahdara, |
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Country : |
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Date of
Incorporation : |
22.10.1999 |
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Com. Reg. No.: |
55-102116 |
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Capital
Investment/ Paid-up Capital: |
Rs. 0.020 Million |
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CIN No.: [Company Identification
No.] |
U74140DL1999PTC102116 |
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PAN No.: [Permanent Account No.] |
ABEPS6695L |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and Exporter of Hot Dip Galvanizing Plant, Galvanizing
Plants, Pipe Galvanizing Plants, etc. |
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No. of
Employees: |
35 [Approximately] |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Dormant |
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Payment Behaviour : |
-- |
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Litigation : |
Clear |
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Comments : |
As per government, the status of the company is shown as ‘Dormant’.
The management has not filed the financials of the company with the
government departments since its inception. However, as per Mr. D.N.Singh Manager company is very much active Initially, the company can be considered for business dealings on a
safe and 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 |
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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
|
Name : |
Mr. Dinesh Singh |
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Designation : |
Manager |
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Contact No.: |
91-22803800 |
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Date : |
02.07.2012 |
LOCATIONS
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Registered Office : |
D- 889, Ashok Nagar Gali No.13, Shahdara, |
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Tel. No.: |
91-11-22803800 |
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Mobile No.: |
91-9110139804 |
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Fax No.: |
91-11-22803800 |
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E-Mail : |
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Website : |
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Area : |
3000 sq ft |
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Location : |
Owned |
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Factory : |
A 1/ 31, K.No.2/ 16, Sawdhan, |
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Area : |
7000 sq ft (Approximately) |
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Location : |
Owned |
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Overseas Address: |
5 , |
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Contact No.: |
447405139386, 447500956002 |
DIRECTORS
|
Name : |
Mr. Mahinder Kumar Sharma |
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Designation : |
Director |
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Address : |
D – 34 A, Nai Basti, West Jyoti Nagar, Shahdara Delhi – 110 094, |
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Date of Birth/Age : |
50 Years |
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Qualification : |
Graduate |
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Date of Appointment : |
22.10.1999 |
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Name : |
Mrs. Anita Singh |
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Designation : |
Director |
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Address : |
F – 31, East Jyoti Nagar, Shahdara Delhi – 110 093, |
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Date of Appointment : |
22.10.1999 |
KEY EXECUTIVES
|
Name : |
Mr. Dinesh Singh |
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Designation : |
Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 13.10.1999
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Names of Shareholders |
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No. of Shares |
|
Mahinder Kumar Sharma |
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100 |
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Anita Singh |
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100 |
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Total |
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200 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Exporter of Hot Dip Galvanizing Plant, Galvanizing
Plants, Pipe Galvanizing Plants, etc. |
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Terms : |
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Selling : |
Cash/Credit |
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Purchasing : |
Cash/Credit |
GENERAL INFORMATION
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Customers : |
Wholesalers and Retailers ·
And Vallabh Steels Limited ·
Kashmir
Tubes Limited ·
Purushottam Steel Limited ·
Nav Bharat
Steel Tubes Limited ·
Samrat
Ferro Alloys pvt Limited ·
Shiv
Shakti Tubes pvt Limited ·
Advance Steel
Tubes Limited ·
Tirupati
Structures (ADVANCE STEEL TUBES), ·
Sidhartha
Tubes Limited ·
S.T.L
Exports, ·
Asian
Tubes Limited ·
Spark
Pipes ltd, ·
Jagan
Tubes Limited ·
Hi Tech
Pipes Limited, ·
Hi Tech Pipes Ltd, (SHEET DIVISION), ·
. Bhawani Industries Limited ·
Laxmi
Metal Udhyog Limited ·
Sadha Shiv
Structures, ·
Jagan
Tubes Limited, ·
Rawal
Wasia Steel Plant, ·
Jadia
Pipes Limited ·
Garg Tubes
Limited ·
H.M. Steel
Limited ·
Vishal
Pipes Limited ·
Aaren
Export, ·
Bhawani
Industries Limited ·
Conros
Steel Private Limited ·
Super Gold
Pipe Private Limited ·
Sarvariya
Pipes (Private) Limited ·
G.C.
Strips Limited ·
Nidhi Pipe
Limited, ·
Sarvpriya
Pipe Private Limited ·
British
Scaffolding Limited ·
Paragon
Innovader and INFR. DEVLP. Private Limited ·
Masteq
Technologies Private Limited ·
Harso
Steel Pipes, ·
Vinayak
Trans CO Limited ·
K.L
Concast. (Unit Of Kl Steel and Kl Sons), ·
Munish
Forge Private Limited ·
Ambuja
Pipes Limited ·
B.M.W.
INDUSTRIES Limited ·
Baba
Strips and Tubes Private Limited ·
Swastik
Structures (Unit Of Advance Steel Tubes), ·
Mahabeer
Steels Rolling Mills, ·
Kunal
Pipes Private Limited ·
Sheetal
Structures Private Limited ·
J and K Tubes Private Limited (Unit Of Kissan Floor Mill), J ·
Keaa international, ·
Scaffolding and Structues Gal Plant ·
·
Q.S.T
(Quality Steel Tubes) Limited ·
Surya
Roshni Limited INTERNATIONAL
CLIENTS: ·
Universal Tubes and Plastic Ind. Limited, UAE ·
KHK Scaffoldings Limited, UAE ·
Juma Fadil Industries Company Limited, UAE ·
Hunt Technology, UAE ·
British Scaffoldings Limited, ·
Sun Industries, ·
Mittal International, |
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No. of Employees : |
35 [Approximately] |
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Bankers : |
Vijaya Bank, |
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Facilities : |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
V.K. Arora Chartered Accountants |
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Address : |
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Tel. No.: |
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CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
10000 |
Equity Shares |
Rs.100/- each |
Rs.1.000 million |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
200 |
Equity Shares |
Rs.100/-
each |
Rs.0.020
million |
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FINANCIAL DATA
[all figures are in
Rupees Millions]
|
Particulars |
|
31.03.2012 |
31.03.2011 |
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Sales Turnover(Approximately) |
|
15.000 |
12.500 |
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Expected Sales (2012-2013): Rs.30.000 Millions
The above information has been parted by Mr. Dinesh
LOCAL AGENCY FURTHER INFORMATION
|
Available
in Report [Yes/No] |
|
|
Year
of Establishment |
Yes |
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Locality
of the Firm |
Yes |
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Constitution
of the firm |
Yes |
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Premises
details |
Yes |
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Type
of Business |
Yes |
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Line
of Business |
Yes |
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Promoters
background |
Yes |
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No.
of Employees |
Yes |
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Name
of Person Contacted |
Yes |
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Designation
of contact person |
Yes |
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Turnover
of firm for last two years |
Yes |
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Profitability
for last three years |
No |
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Reasons
for variation <> 20% |
- |
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Estimation
for coming financial year |
Yes |
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Capital
the business |
Yes |
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Details
of sister concerns |
No |
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Major
Suppliers |
No |
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Major
Customers |
Yes |
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Payment
Terms |
Yes |
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Export
/ Import Details [If Applicable] |
No |
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Market
Information |
- |
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Litigations
that the firm / promoter involved in |
- |
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Banking
Details |
Yes |
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Banking
Facility Details |
No |
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Conduct
of the banking account |
- |
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Buyer
visit details |
- |
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Financials,
if provided |
Yes |
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Incorporation
details, if applicable |
Yes |
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Last
accounts filed at ROC |
No |
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Major
Shareholders, if applicable |
Yes |
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.5542 |
|
|
1 |
Rs.86.04 |
|
Euro |
1 |
Rs.68.61 |
INFORMATION DETAILS
|
Information
Gathered by : |
PJA |
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Report Prepared
by : |
BYI |
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.