MIRA INFORM REPORT

 

 

Report Date :

11.07.2012

 

IDENTIFICATION DETAILS

 

Name :

NIDHI IMPOTRADE PRIVATE LIMITED

 

 

Registered Office :

101-104, 1st Floor, Indralok Complex, Behind Prime Co-operative Bank, Opposite Sub Jain, Hanuman Sheri Ring Road, Surat-395002, Gujarat

 

 

Country :

India

 

 

Financials (as on) :

31.03.2012 [Summarized]

 

 

Date of Incorporation :

17.06.2009

 

 

Com. Reg. No.:

04-057285

 

 

Capital Investment / Paid-up Capital :

Rs.0.100 Million

 

 

CIN No.:

[Company Identification No.]

U51900GJ2009PTC057285

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

SRTN02350F

 

 

PAN No.:

[Permanent Account No.]

AADCN0247N

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Trader and Dealer of Coal and Industrial Valves.

 

 

No. of Employees :

8 [Approximately] 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (27)

 

RATING

STATUS

 

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 1500

 

 

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 to be 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)

India

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. Atulkumar Jayantilal Sanghvi

Designation :

Managing Director

Contact No.:

91-9377075095

Date :

11.07.2012

 

 

LOCATIONS

 

Registered Office :

101-104, 1st Floor, Indralok Complex, Behind Prime Co-operative Bank, Opposite Sub Jain, Hanuman Sheri Ring Road, Surat-395002, Gujarat, India 

Tel. No.:

91-261-3927659

Mobile No.:

91-9377075095 [Mr. Atulkumar Jayantilal Sanghvi]

Fax No.:

Not Available

E-Mail :

nidhiimportrade@drdcs.net

 

 

DIRECTORS

 

As on 30.09.2011

 

Name :

Mr. Atulkumar Jayantilal Sanghvi

Designation :

Managing Director

Address :

601/A, Shaligram Apartments, Behind Lal Bunglow, Athwalines, Surat-395007, Gujarat, India

Date of Appointment :

17.06.2009

Din No.:

02568826

 

 

Name :

Mrs. Nidhi Atulkumar Sanghvi

Designation :

Director

Address :

601/A, Shaligram Apartments, Behind Lal Bunglow, Athwalines, Surat-395007, Gujarat, India

Date of Appointment :

17.06.2009

Din No.:

02675307

 

 

Name :

Mr. Alpesh Mohanlal Joshi

Designation :

Director

Address :

67, Magan Nagar, 1, Near Narayan Nagar, Singanore Road, Katargam, Surat-395004, Gujarat, India

Date of Birth/Age :

03.11.1979

Date of Appointment :

24.07.2009

Din No.:

02720841

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 30.09.2011

 

Names of Shareholders

 

No. of Shares

Atulkumar Jayantilal Sanghvi

 

6000

Nidhi Atulkumar Sanghvi

 

4000

 

 

 

Total

 

10000

 

As on 30.09.2011

 

Equity Share Breakup

 

Percentage of Holding

Category

 

 

Directors or relatives of directors

 

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Trader and Dealer of Coal and Industrial Valves.

 

 

Brand Names :

·         “Kitz”

·         “ATAM”

·         “Castle”

·         “Crushed Coal”

 

 

Terms :

 

Selling :

Cash and Credit [30 Days]

 

 

Purchasing :

Cash

 

 

GENERAL INFORMATION

 

No. of Employees :

8 [Approximately] 

 

 

Bankers :

HDFC Bank, Ground Floor, First Floor, Aalishan Apartments, Near Mahavir Bhagvan, City Light, Surat-395001, Gujarat, India 

 

 

Facilities :

UNSECURED LOAN

As on 31.03.2011

[Rs. in Millions]

As on 31.03.2010

[Rs. in Millions]

Atulkumar Jayantilal Sanghvi

1.530

1.000

Nidhi Atulkumar Sanghvi

0.750

0.000

Total

2.280

1.000

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

K P Gandhi and Company

Chartered Accountants

Address :

M-1, Shopping Center, Chevli Street, Moti Talkies Cross Road, Ring Road, Surat-395002, Gujarat, India

Pan No.:

AHLPG6231H

 

 

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]

 

SUMMARISED FIGURES

 

Particular

31.03.2012

[Rs. in Millions]

 

 

Share Capital

0.100

Reserves & Surplus

0.383

Unsecured Loans

2.497

Fixed Assets

0.689

Inventories

1.560

Sundry Debtors

1.450

Other Current Assets

0.494

Current Liabilities

0.978

Provision

0.400

 

 

Sales Turnover

3.066

Other Income

7.888

Cost of Goods Sold

2.265

Administrative Expenses

7.120

Manufacturing Expenses

0.197

Depreciation

0.050

Others Expenses

1.352

Profit Before Tax

0.088

Profit After Tax

0.088

 

 


ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

 

31.03.2011

31.03.2010

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

 

0.100

0.100

2] Share Application Money

 

0.000

0.000

3] Reserves & Surplus

 

0.295

0.131

4] (Accumulated Losses)

 

0.000

0.000

NETWORTH

 

0.395

0.231

LOAN FUNDS

 

 

 

1] Secured Loans

 

0.000

0.000

2] Unsecured Loans

 

2.280

1.000

TOTAL BORROWING

 

2.280

1.000