MIRA
INFORM REPORT
|
Report Date : |
09.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
MAGNA CLEANING SYSTEMS PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
19.11.2008 |
|
|
|
|
Com. Reg. No.: |
11-188324 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.0.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U93000MH2008PTC188324 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
PNEM13703E |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAFCM8160R |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader, Exporter and Importer of Cleaning Equipments. |
|
|
|
|
No. of Employees
: |
20 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (41) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 6000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an 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 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) |
|
|
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 (GENERAL DETAILS)
|
Name : |
Ms. Aditi |
|
Designation : |
Accountant |
|
Contact No.: |
91-2225412479 |
|
Date : |
29.06.2012 |
LOCATIONS
|
Registered Office : |
|
|
Tel. No.: |
91-22-25430968/ 25431369/ 25412479/25411454/ |
|
Fax No.: |
91-22-25411454 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head Office : |
57-A/ S-1 and 2, Brindaban Complex, Thane – 400 601, |
|
|
|
|
Warehouse : |
Digha, Kalwa, Thane, Maharashtra, India |
DIRECTORS
As on 30.09.2011
|
Name : |
Mr. Abdul Khalic Kasam Amalkhan |
|
Designation : |
Director |
|
Address : |
|
|
Date of Birth/Age : |
27.01.1971 |
|
Qualification : |
B.E. |
|
Date of Appointment : |
19.11.2008 |
|
DIN No.: |
02359893 |
|
|
|
|
Name : |
Mr. Aslam Gulammohiddin Khan |
|
Designation : |
Director |
|
Address : |
002, Ground Floor, |
|
Date of Birth/Age : |
07.10.1963 |
|
Date of Appointment : |
19.11.2008 |
|
DIN No.: |
02310499 |
KEY EXECUTIVES
|
Name : |
Ms. Aditi |
|
Designation : |
Accountant |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Abdul Khalic Kasam Amalkhan |
|
9000 |
|
Aslam Gulammohiddin Khan |
|
1000 |
|
Total |
|
10000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2011
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader, Exporter and Importer of Cleaning Equipments. |
|
|
|
|
Products : |
·
Automatic Scrubber Driers ·
Floor Cleaners / Scrubber Driers ·
Walk Behind Sweepers ·
Walk Behind Floor Scrubbers Cum Driers ·
Manual Sweepers ·
Single Disk Machines ·
High Pressure / Ultra High Pressure Water
Blasters ·
High Pressure Cold Water Jet Cleaners ·
High Pressure Hot Water / Steam Jet Cleaners ·
Industrial Heavy Duty Vacuum Cleaners ·
Accessories For High Pressure Cleaners |
|
|
|
|
Exports : |
|
|
Products : |
Cleaning Equipments |
|
Countries : |
·
Switzerland ·
Europe |
|
|
|
|
Imports : |
|
|
Products : |
Cleaning Equipments |
|
Countries : |
Italy |
|
|
|
|
Terms : |
|
|
Selling : |
Depends |
|
|
|
|
Purchasing : |
Depends |
GENERAL INFORMATION
|
Customers : |
Industries |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
No. of Employees : |
20 (Approximately) |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Bankers : |
·
The Thane Janata Sahakari Bank Limited, Rabodi K’
Villa Branch, Thane – 400 601, Maharashtra, India ·
HDFC Bank Limited, Mumbai, Maharashtra, India ·
HSBC Bank, Mumbai, Maharashtra, India |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Facilities : |
(Rs. in Millions)
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditor 1: |
|
|
Name : |
Hemant Mahajan and Associates Chartered Accountants |
|
Fax No.: |
91-22-25333598 |
|
E-Mail : |
|
|
PAN.: |
ABWPM5083G |
|
|
|
|
Auditor 2: |
|
|
Name : |
J.H Ghumara and Company Chartered Accountants |
|
Address : |
B 14, Jesica, Natakwala Lane, S V Raod, Borivali West, Mumbai –
400092, Maharashtra, India |
|
PAN.: |
AAIPG171A |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- 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 |
1.567 |
0.526 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
(0.020) |
|
|
NETWORTH |
1.667 |
0.626 |
0.080 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
9.579 |
1.868 |
0.000 |
|
|
2] Unsecured Loans |
0.450 |
0.550 |
0.550 |
|
|
3] Bank Overdraft |
0.211 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
10.240 |
2.418 |
0.550 |
|
|
DEFERRED TAX LIABILITIES |
0.104 |
0.059 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
12.011 |
3.103 |
0.630 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
3.321 |
2.675 |
0.000 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.550 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.199 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.00 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
8.330
|
1.153 |
0.000 |
|
|
Sundry Debtors |
0.365
|
1.028 |
0.000 |
|
|
Cash & Bank Balances |
0.000
|
0.011 |
0.032 |
|
|
Other Current Assets |
0.668
|
0.120 |
0.000 |
|
|
Loans & Advances |
4.884
|
1.208 |
0.068 |
|
Total
Current Assets |
14.247
|
3.520 |
0.100 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
3.416
|
2.085 |
0.000 |
|
|
Other Current Liabilities |
0.978
|
0.506 |
0.000 |
|
|
Provisions |
1.362
|
0.501 |
0.020 |
|
Total
Current Liabilities |
5.756
|
3.092 |
0.020 |
|
|
Net Current Assets |
8.491
|
0.428 |
0.080 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
12.011 |
3.103 |
0.630 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
|
27.331 |
10.432 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
|
25.826 |
9.581 |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
|
1.505 |
0.871 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
0.465 |
0.325 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
|
1.040 |
0.546 |
|
|
|
|
|
|
|
|
|
Add |
|||||
