|
Report Date : |
09.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
ALLIED TRADE LINKS PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
16/1, Arya Samaj Road, Karol Bagh, New Delhi-110005 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
17.05.1973 |
|
|
|
|
Com. Reg. No.: |
55-06599 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.0.100 million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1973PTC006599 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELA00433G |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Trader of Aluminium Ladders. |
|
|
|
|
No. of Employees
: |
25 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (30) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 6500 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a small company in its field. Its scale of activities are
limited. Trade relations are reported as fair. Business is active. Payments
are reported as slow but correct. The company can be considered for small 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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INFORMATION PARTED BY
|
Name : |
Mr. Inder Pal Maya Ram Matta |
|
Designation : |
Director |
|
Contact No.: |
91-9810048766 |
|
Date : |
02.07.2012 |
LOCATIONS
|
Registered Office : |
16/1, Arya Samaj Road, Karol Bagh, New Delhi-110005, India |
|
Tel. No.: |
91-11-28753033 / 28754033 / 28755033 |
|
Mobile No.: |
91-9810048766 [Mr. Inder Pal Maya Ram Matta] |
|
Fax No.: |
91-11-28754033 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
600 sq ft |
|
Location : |
Rented |
|
|
|
|
Factory : |
Near Suhansing Market, Village Begampur, Sector-22, Rohini, New Delhi,
India |
|
Area : |
5000 sq ft |
|
Location : |
Rented |
DIRECTORS
As on 29.09.2011
|
Name : |
Mr. Inder Pal Maya Ram Matta |
|
Designation : |
Managing Director |
|
Address : |
H. No.604, Sector – 21A, |
|
Date of Birth/Age : |
23.09.1940 |
|
Date of Appointment : |
17.05.1973 |
|
Din No.: |
01904067 |
|
|
|
|
Name : |
Mr. Amit Inder Pal Matta |
|
Designation : |
Director |
|
Address : |
H. No.604, Sector – 21A, |
|
Date of Birth/Age : |
24.01.1971 |
|
Date of Appointment : |
22.10.1998 |
|
Din No.: |
02994821 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 29.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Inder Pal Maya Ram Matta |
|
138 |
|
Amit Inder Pal Matta |
|
862 |
|
|
|
|
|
Total |
|
1000 |
As on 29.09.2011
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Directors
or relatives of directors |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Trader of Aluminium Ladders. |
|
|
|
|
Products : |
·
Single
Straight Ladders ·
Single
Straight Hook Ladders ·
Abridged/Collapsible
Single Straight Ladders ·
Auto
Folding Ladder
·
Self
Supporting Folding Ladders with Pipe Steps ·
Self
Supporting Folding Ladders with Wide Steps ·
Straight
cum Folding Ladders ·
Fire
Brigade Type Ladders ·
Self
Supporting Extension Ladders ·
Economy
Tower Ladders with Small and Large Wheels ·
MS
Trolley Frame Ladders |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
·
Maheshwari Company ·
Allied Ladders and Trolleys Company ·
Alco Aluminium Ladders, HBD ·
E Safe Enterprises, Jodhpur ·
Shri Amar Steel Products ·
Geographic Infrastructure Private Limited ·
Htech Consultancy Engineers ·
Asia Pacific Institute of Management ·
Premier Di of Systems Private Limited ·
Sahil Enterprises ·
Shree ganeshji Maharaj |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Customers : |
Wholesalers and Retailers ·
Avaids Technovators Private Limited ·
BVG Limited ·
PGCIL Hissar ·
Infinity Retail Limited ·
ABB Limited ·
Moser Baer Private Limited ·
India Gtycot Limited ·
Shanty Niketan Properties Limited ·
Reliance Communication Limited ·
Essar Projects Private Limited ·
NTPC, Bhubaneshwar ·
Machinery Manufacture ·
Power Grid Corporation of India Limited ·
L and T |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
No. of Employees : |
25 (Approximately) |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
PRYD and Associates Chartered Accountants |
|
Address : |
# 3573, Kucha Daya Ram, Chawri Bazar, |
|
Tel. No.: |
91-11-23910237/ 23930249 |
|
Mobile No.: |
91-9811140956/ 9873440956 |
|
E-Mail : |
|
|
Pan No.: |
AADPK4047L |
|
|
|
|
Associates/Subsidiaries : |
·
Versatile
Engineering Company Address: Begampur,
Sector - 22, Rohini, New Delhi, India Line
of Business: Manufacturer and Trader of Aluminium Ladders. |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000 |
Equity Shares |
Rs.100/- each |
Rs.0.100 Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000 |
Equity Shares |
Rs.100/- each |
Rs.0.100 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 |
0.100 |
0.100 |
0.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
1.526 |
1.325 |
0.979 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
1.626 |
1.425 |
1.079 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
1.232 |
1.505 |
1.289 |
|
|
2] Unsecured Loans |
0.000 |
0.285 |
0.341 |
|
|
TOTAL BORROWING |
1.232 |
1.790 |
1.630 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
2.858 |
3.215 |
2.709 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
1.435 |
1.556 |
0.272 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.523 |
0.560 |
0.189 |
|
|
DEFERREX TAX ASSETS |
0.015 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.256
|
0.038 |
0.022
|
|
|
Sundry Debtors |
2.519
|
2.645 |
2.676
|
|
|
Cash & Bank Balances |
0.032
|
(0.424) |
0.846
|
|
|
Other Current Assets |
0.121
|
0.160 |
0.078
|
|
|
Loans & Advances |
0.065
|
0.038 |
0.046
|
|
Total
Current Assets |
2.993
|
2.457 |
3.668 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
1.460
|
0.832 |
0.385 |
|
|
Other Current Liabilities |
0.628
|
0.477 |
0.975 |
|
|
Provisions |
0.020
|
0.049 |
0.060
|
|
Total
Current Liabilities |
2.108
|
1.358 |
1.420
|
|
|
Net Current Assets |
0.885
|
1.099 |
2.248
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
2.858 |
3.215 |
2.709 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
21.080 |
17.059 |
13.004 |
|
|
|
Other Income |
0.017 |
0.034 |
0.093 |
|
|
|
TOTAL |
21.097 |
17.093 |
13.097 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
15.517 |
12.049 |
8.745 |
|
|
|
Freight and Cartage |
0.561 |
0.572 |
0.665 |
|
|
|
Advertisement & Publicity |
0.479 |
0.448 |
0.309 |
|
|
|
Freight Outward |
0.763 |
0.615 |
0.619 |
|
|
|
Printing & Stationary |
0.075 |
0.103 |
0.124 |
|
|
|
Salary to Staff |
0.715 |
0.681 |
0.641 |
|
|
|
Other Expenses |
2.453 |
2.121 |
1.664 |
|
|
|
TOTAL |
20.563 |
16.589 |
12.767 |
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
0.534 |
0.504 |
0.330 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.160 |
0.105 |
0.086 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
0.374 |
0.399 |
0.244 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.191 |
0.052 |
0.171 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
0.183 |
0.347 |
0.073 |
|
|
|
|
|
|
|
|
|
Add |
DEFERRED TAX
ASSETS |
0.018 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
1.325 |
0.978 |
0.905 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
1.526 |
1.325 |
0.978 |
|
|
|
|
|
|
|
|
|
|
Earnings / (Loss)
Per Share (Rs.) |
183.00 |
347.00 |
NA |
|
|
Particulars |
|
|
31.03.2012 |
|
Sales Turnover [Approximately] |
|
|
27.000 |
Expected Sales (2012-13) : Rs.30.000 Millions.
The above information has been parted by Mr. Inder Pal Maya Ram Matta.
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
0.87
|
2.03
|
0.56 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.77
|
2.34
|
1.88 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
8.45
|
9.94
|
6.19 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.23
|
0.28
|
0.23 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
2.05
|
2.21
|
2.83 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.42
|
1.81
|
2.58 |
LOCAL AGENCY FURTHER INFORMATION
|
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 |
Yes |
|
5) Type of Business |
Yes |
|
6) Line of Business |
Yes |
|
7) Promoter’s background |
Yes |
|
8) No. of employees |
Yes |
|
9) Name of person contacted |
Yes |
|
10) Designation of contact person |
Yes |
|
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 |
Yes |
|
15) Capital in the business |
Yes |
|
16) Details of sister concerns |
Yes |
|
17) Major suppliers |
Yes |
|
18) Major customers |
Yes |
|
19) Payments terms |
Yes |
|
20) Export / Import details (if applicable) |
No |
|
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 |
FINANCIAL RESULTS:
During the year, the company has earned a profit
of Rs.0.374 Million as compared to Rs.0.399 Million in the previous year. The
purchases made during the period amounted to Rs.15.734 Millions as compared to
Rs.12.065 Millions in the previous year. The sales made during the year
amounted to Rs.21.080 Millions as compared to Rs.17.059 Millions in the
previous year.
BANKERS CHARGES
REPORT AS PER REGISTRY
|
This form is for |
Creation of
charge |
|
Corporate
identity number of the company |
U74899DL1973PTC006599 |
|
Name of the
company |
ALLIED TRADE
LINKS PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
16/1, Arya Samaj Road, Karol Bagh, New Delhi-110005, India |
|
Type of charge |
Book Debts Movable Property
[not being pledge] |
|
Particular of
charge holder |
Syndicate Bank, 1-1A, Old Rajinder Nagar, New Delhi - 110 060, India Email: subramani.karan@gmail.com |
|
Nature of description
of the instrument creating or modifying the charge |
Composite
Hypothecation Agreement |
|
Date of
instrument Creating the charge |
11.01.2010 |
|
Amount secured by
the charge |
Rs.1.200 Millions
|
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: Interest shall be
charged on PLR plus 2% presently 14% p.a. rate raising or falling therewith
compounded monthly rests or at such other rates as may be specified by the
bank from time to time. Terms of
Repayment: As per sanction
terms. Margin: As per sanction
terms. Extent and
Operation of the charge: The hypothecated
assets to secure SOD limit of Rs.1.200 millions granted by Syndicate Bank to
the company |
|
Short particulars
of the property charged |
Hypothecation of
stocks consisting aluminium metal ladder and electrical equipment etc and
Hypothecation all present and future book debts of the company store/ to be
stored at 16/1, Arya Samaj Road, # New Delhi. |
FIXED ASSETS:
v Car Pager
v Inverter
v Room Heater
v Inverter
v Type Writer
v DG Set
v Electric Fan
v Scooter
v Intercom
v Mobile Phone
v Fax Machine
v Air Conditioner
v Furniture and Fixture
v Office Equipments
v Computer
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
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.42 |
|
|
1 |
Rs.86.04 |
|
Euro |
1 |
Rs.68.60 |
INFORMATION DETAILS
|
Information
Gathered by : |
PJA |
|
|
|
|
Report Prepared
by : |
TPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
30 |
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.