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Report Date : |
10.07.2012 |
IDENTIFICATION DETAILS
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Name : |
DISHA DYNAMIC BUILDWELL PRIVATE LIMITED |
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Registered
Office : |
101, Janet
Castle, |
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Country : |
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Date of
Incorporation : |
08.09.2011 |
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Com. Reg. No.: |
11-221684 |
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Capital Investment
/ Paid-up Capital : |
Rs.15.141 millions |
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CIN No.: [Company Identification
No.] |
U70102MH2011PTC221684 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMD19468B |
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PAN No.: [Permanent Account No.] |
AADCD9697E |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer of Concrete Raw Materials. |
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No. of Employees
: |
Information declined by the management |
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 Business |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
Subject is a new company and yet to commence. Management have denied
to provide any information about the company. No future information could be
made available. Initially company can be considered for business dealing 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.
INFORMATION DECLINED BY
|
Name : |
Ms. Vaishali |
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Designation : |
Purchase Executive |
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Contact No.: |
91-22-66885857 |
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Date : |
10.07.2012 |
LOCATIONS
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Registered Office : |
101, Janet
Castle, |
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Tel. No.: |
91-22-66885857/ 66885851/ 66885852
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Fax No.: |
91-22-66885870 |
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E-Mail : |
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Website : |
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Factory : |
Malati Cot, Near Bhatia House, Madh - Marve Road, Erangle Village,
Malad (West), Mumbai – 400 064, Maharashtra, India |
DIRECTORS
|
Name : |
Mr. Pravin Shamji Savla |
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Designation : |
Director |
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Address : |
D/402, Parshwa Kunj, |
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Date of Birth/Age : |
06.02.1969 |
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DIN No.: |
00021211 |
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Name : |
Mr. Jigar Prataprai Vora |
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Designation : |
Director |
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Address : |
1, Bharat Villa, |
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Date of Birth/Age : |
25.02.1968 |
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DIN No.: |
00021196 |
KEY EXECUTIVES
|
Name : |
Ms. Vaishali |
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Designation : |
Purchase Executive |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 07.06.2011
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Names of Shareholders |
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No. of Shares |
|
Pravin Shamji Savla |
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7342994 |
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Jigar Prataprai Vora |
|
7778833 |
|
Sheetal Jigar Vora |
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3923 |
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Urmila Pravin Savla |
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3923 |
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Hansal Jigar Vora |
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3923 |
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Vatsal Pravin Savla |
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3923 |
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Vinod Shamji Savla |
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3923 |
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Total |
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15141442 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of Concrete Raw Materials. |
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GENERAL INFORMATION
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Customers : |
v Chhattisgarh Housing Board v Rae Bareli Development Authority v Municipal Corporation of Greater Mumbai v Urvi Realtors v JPV Realtors Private Limited v Jetspeed Realtors v Theodore Infra LLP v Savla Buildwell LLP v Shraddha Developers |
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No. of Employees : |
Information declined by the management |
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Bankers : |
v The Malad
Sahakari Bank Limited, 6, Sujata, 1st Floor, Rani Sati Marg, Malad
(East), Mumbai – 400 097, v Kotak Mahindra
Bank Limited, 36-38A, Nariman Bhavan, 227, D, Nariman Point, Mumbai – 400
021, Maharashtra, India |
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Banking
Relations : |
-- |
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Auditors : |
Not Divulged |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
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15141442 |
Equity Shares |
Re.1/- each |
Rs.15.141 millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
|
15141442 |
Equity Shares |
Re.1/- each |
Rs.15.141 millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW COMPANY
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 |
No |
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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 |
Yes |
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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% |
-- |
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14) Estimation
for coming financial year |
No |
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15) Capital in the
business |
Yes |
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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 |
Yes |
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19) Payments
terms |
No |
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20) Export /
Import details (if applicable) |
No |
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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 |
Yes |
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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 |
Yes |
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29) Last accounts
filed at ROC |
No |
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30) Major
Shareholders, if available |
Yes |
Note:
The registered office of the company has been shifted from 2/3, Bharat Villa,
Bankers Charges
Report as per Registry
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Corporate
identity number of the company |
U70102MH2011PTC221684 |
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Name of the
company |
DISHA DYNAMIC BUILDWELL PRIVATE LIMITED |
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Address of the
registered office or of the principal place of business in |
101, Janet
Castle, E-Mail: pssavla06@rediffmail.com |
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This form is for |
Creation of
charge |
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Type of charge |
Movable Property
(not being pledge) |
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Particular of
charge holder |
CIN No.:
L65110MH1985PLC038137 Kotak Mahindra Bank
Limited, 36-38A, Nariman Bhavan, 227, D, Nariman Point, Mumbai – 400 021,
Maharashtra, India E-Mail: john.fernandes@kotak.com |
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Nature of
description of the instrument creating or modifying the charge |
Deed of
Hypothecation |
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Date of
instrument Creating the charge |
22.06.2012 |
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Amount secured by
the charge |
Rs.6.835 millions
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Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest:
12.54% p.a. Terms of
Repayment: Tenure of 35 Months. Margin: Nil Extent and
Operation of the charge: First and exclusive charge by way of Hypothecation
on the assets financed in favour of Kotak Mahindra Bank. |
|
Short particulars
of the property charged |
Schwing Stetter
Batching Plant CP-18-Serial
No.801926400 |
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.56.02 |
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|
1 |
Rs.86.77 |
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Euro |
1 |
Rs.68.83 |
INFORMATION DETAILS
|
Information Gathered
by : |
JML |
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Report Prepared
by : |
SMN |
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 |
|
- |
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.