`1. Summary Information
|
|
|
Country |
|
|
Company Name |
RAMANI STEEL HOUSE |
Principal Name 1 |
Mr. Jitendra Chandan |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Mukesh Chandan |
|
|
|
Registration # |
-- |
|
Street Address |
65/73, |
||
|
Established Date |
1974 |
SIC Code |
-- |
|
Telephone# |
91-22-22421388 |
Business Style 1 |
Trader |
|
Fax # |
91-22-22428355 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Stainless Steel |
|
|
# of employees |
12 (Approximately) |
Product Name 2 |
-- |
|
Paid up capital |
Rs.27,549,000/- |
Product Name 3 |
-- |
|
Shareholders |
-- |
Banking |
Bank of |
|
Public Limited Corp. |
No |
Business Period |
38 years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
Ba (49) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 (Provisional) |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
7,684,000 |
Current Liabilities |
(15,123,000) |
|
Inventories |
15,981,000 |
Long-term Liabilities |
17,500,000
|
|
Fixed Assets |
310,000 |
Other Liabilities |
1,037,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
3,414,000 |
|
Invest& other Assets |
8,457,000 |
Retained Earnings |
1,469,000 |
|
|
|
Net Worth |
29,018,000 |
|
Total Assets |
32,432,000 |
Total Liab. & Equity |
32,432,000 |
|
Total Assets (Previous Year) |
45,750,000 |
|
|
|
P/L Statement as of |
31.03.2012 (Provisional) |
(Unit: Indian Rs.) |
|
|
Sales |
267,223,000 |
Net Profit |
1,304,000 |
|
Sales(Previous yr) |
128,752,000 |
Net Profit(Prev.yr) |
602,000 |
|
Report Date : |
11.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
RAMANI STEEL
HOUSE |
|
|
|
|
Registered
Office : |
65/73, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 (Provisional) |
|
|
|
|
Year of
Establishment: |
1974 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 27.549 millions |
|
|
|
|
IEC No.: |
0393066606 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMR04313B |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAAFR8488B |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Trader, Exporter and Importer of Stainless Steel and Nickel Alloy. |
|
|
|
|
No. of Employees
: |
12 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (49) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 110000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established partnership concern having satisfactory track.
Trade relations are reported as trustworthy. Business is active. Payments are
reported to be usually correct and as per commitments. The concern can be considered normal 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
|
Name : |
Mr. Mukesh Chandan |
|
Designation : |
Partner |
|
Contact No.: |
91-9820612525 |
|
Date : |
05.07.2012 |
LOCATIONS
|
Registered Office : |
65/73, |
|
Tel. No.: |
91-22-22421388 |
|
Mobile No.: |
91-9820612525 (Mr. Mukesh) |
|
Fax No.: |
91-22-22428355 |
|
E-Mail : |
|
|
Website : |
|
|
Location: |
500 Sq. ft. |
|
Area: |
Owned |
|
|
|
|
Warehouse : |
Located at: Kalamboli |
PARTNERS
|
Name : |
Mr. Jitendra Chandan |
|
Designation : |
Partner |
|
Address : |
C-14, Ishwar
Niwas, Sikkangar, |
|
Date of Birth/Age : |
22.01.1973 |
|
Qualification : |
Graduate |
|
|
|
|
Name : |
Mr. Mukesh Chandan |
|
Designation : |
Partner |
|
Address : |
Iswar Niwas, C-14,
3rd Floor, Sika Nagar, |
|
Date of Birth/Age : |
06.09.1974 |
|
Qualification : |
Graduate |
|
|
|
|
Name : |
Mrs. Asha Chandan |
|
Designation : |
Partner |
BUSINESS DETAILS
|
Line of Business : |
Trader, Exporter and Importer of Stainless Steel and Nickel Alloy. |
|
|
|
|
Products : |
v Coils, Sheets,
Plates v Pipes and Tubes v Pipe Fittings v Flanges v Bar and Wire v Nickel Alloy |
|
|
|
|
Exports : |
|
|
Products : |
Stainless Steel Products |
|
Countries : |
Ø Ø Ø Ø Ø |
|
|
|
|
Imports : |
|
|
Products : |
Stainless steel |
|
Countries : |
Ø Ø Ø Ø Ø |
|
|
|
|
Terms : |
|
|
Selling : |
Cash / Credit |
|
|
|
|
Purchasing : |
Cash / Credit |
GENERAL INFORMATION
|
Customers : |
Wholesalers and Retailers |
|
|
|
|
No. of Employees : |
12 (Approximately) |
|
|
|
|
Bankers : |
Ø Bank of Ø |
|
|
|
|
Facilities : |
L/C - Rs. 10.000 millions (From Bank of |
|
|
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Mody and Company Chartered Accountants |
|
Address : |
111-113, Sindh Cloth Markets, 2nd Floor, Vithalwadi, |
|
Tel. No.: |
91-22-22404742 |
|
Fax No.: |
91-22-22406254 |
CAPITAL STRUCTURE
As on 31.03.2012
|
Capital Investment : |
Rs.
in Millions |
|
Asha J. Chandan |
4.317 |
|
Jitendra A.
Chandan |
8.985 |
|
Mukesh A.
Chandan |
14.209 |
|
Partners Fixed
Capital Account |
0.038 |
|
|
|
|
Total |
27.548 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
|
Particulars |
|
31.03.2011 |
31.032010 |
|
Sales Turnover |
|
267.000 |
261.000 |
|
|
|
|
|
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2012 (Provisional) |
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partners Capital |
27.549 |
22.728 |
27.397 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
1.469 |
2.733 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
29.018 |
25.461 |
27.397 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
17.500 |
26.250 |
12.287 |
|
|
TOTAL BORROWING |
17.500 |
26.250 |
12.287 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
46.518 |
51.711 |
39.684 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.310 |
0.354 |
0.318 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
8.457 |
2.578 |
6.415 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
15.981
|
38.827 |
16.492 |
|
|
Sundry Debtors |
2.782
|
3.596 |
0.033 |
|
|
Cash & Bank Balances |
2.752
|
(0.673) |
3.276 |
|
|
Other Current Assets |
2.027
|
1.001 |
19.062 |
|
|
Loans & Advances |
0.095
|
0.039 |
0.014 |
|
|
Deposits |
0.028
|
0.028 |
0.123 |
|
Total
Current Assets |
23.665
|
42.818 |
39.000 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
(15.123)
|
(6.978) |
5.949 |
|
|
Other Current Liabilities and Provisions |
1.037
|
1.017 |
0.100 |
|
Total
Current Liabilities |
(14.086)
|
(5.961) |
6.049 |
|
|
Net Current Assets |
37.751
|
48.779 |
32.951 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
46.518 |
51.711 |
39.684 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 (Provisional) |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
267.223 |
128.752 |
236.556 |
|
|
|
Other Income |
1.034 |
0.029 |
2.246 |
|
|
|
TOTAL |
268.257 |
128.781 |
238.802 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
247.949 |
116.912 |
223.812 |
|
|
|
Direct
Expenses |
|
|
|
|
|
|
C.S.T. A/C. |
0.013 |
0.093 |
0.139 |
|
|
|
Export (C and F) |
0.216 |
0.082 |
0.089 |
|
|
|
M.S.T. (Vat) A/C. |
11.457 |
3.646 |
7.463 |
|
|
|
Octroi Duty |
0.000 |
0.057 |
0.636 |
|
|
|
Exchange
Difference |
0.000 |
0.102 |
0.000 |
|
|
|
United India
Insurance Company Limited |
0.010 |
0.699 |
0.538 |
|
|
|
Indirect Expenses |
|
|
|
|
|
|
Salary |
0.936 |
0.000 |
0.000 |
|
|
|
Advance Tax A/c |
0.250 |
0.028 |
0.030 |
|
|
|
Audit Fees |
0.048 |
0.114 |
0.103 |
|
|
|
Bank Charges |
0.069 |
0.007 |
0.009 |
|
|
|
Computer Expenses
A/c |
0.017 |
0.000 |
0.000 |
|
|
|
Contingency Fund |
0.001 |
0.022 |
0.019 |
|
|
|
Conveyance |
0.000 |
0.003 |
0.001 |
|
|
|
Courier Expenses |
0.000 |
0.031 |
0.000 |
|
|
|
Donation |
0.058 |
0.053 |
0.048 |
|
|
|
Electric Expenses |
0.066 |
0.077 |
0.067 |
|
|
|
Hel Majuri |
0.000 |
0.386 |
0.417 |
|
|
|
Income Tax |
0.118 |
3.086 |
2.825 |
|
|
|
Interest (Cr.
Liability) |
4.796 |
0.057 |
0.000 |
|
|
|
Keyman Insurance |
0.057 |
0.000 |
0.003 |
|
|
|
Labour Charges
Expenses |
0.000 |
0.006 |
0.017 |
|
|
|
Membership
Expenses |
0.008 |
0.012 |
0.003 |
|
|
|
Motor Bike
Expenses |
0.000 |
0.040 |
0.043 |
|
|
|
Motor Car Expenses |
0.014 |
0.005 |
0.009 |
|
|
|
Motor Car
Insurance |
0.004 |
0.005 |
0.003 |
|
|
|
Packing Charges |
0.000 |
0.007 |
0.010 |
|
|
|
Postage and Stamps
|
0.000 |
0.010 |
0.013 |
|
|
|
Printing and
Stationery |
0.009 |
0.010 |
0.012 |
|
|
|
Professional Tax |
0.013 |
0.000 |
0.000 |
|
|
|
Service Tax A/c |
0.000 |
0.228 |
0.200 |
|
|
|
Sundry/
Miscellaneous Expenses |
0.304 |
0.057 |
0.031 |
|
|
|
T.D.S. A/c (Cr.
Asst) |
0.023 |
0.118 |
0.127 |
|
|
|
Telephone Expenses
A/c |
0.095 |
0.003 |
0.005 |
|
|
|
Testing Charges |
0.000 |
0.008 |
0.037 |
|
|
|
Vatav |
0.002 |
0.147 |
0.218 |
|
|
|
Warehousing/
Godown Charges |
0.131 |
0.003 |
0.003 |
|
|
|
Xerox Charges |
0.000 |
0.042 |
0.044 |
|
|
|
Bonus |
0.000 |
0.013 |
0.032 |
|
|
|
Transport Charges |
0.000 |
0.000 |
0.001 |
|
|
|
Weight Scale
Repairing |
0.000 |
0.000 |
0.020 |
|
|
|
Fringe Benefit Tax
|
0.000 |
0.012 |
0.002 |
|
|
|
Advertisement |
0.000 |
0.000 |
0.002 |
|
|
|
Chhapra Licence |
0.000 |
0.000 |
0.007 |
|
|
|
Loss on |
0.000 |
0.000 |
0.005 |
|
|
|
Insurance |
0.000 |
0.000 |
0.006 |
|
|
|
Shop and
Establishment Expenses |
0.000 |
0.004 |
0.000 |
|
|
|
Traveling Expenses
|
0.230 |
0.001 |
0.000 |
|
|
|
Internet Charges |
0.002 |
0.038 |
0.000 |
|
|
|
Damage Expenses |
0.000 |
0.033 |
0.000 |
|
|
|
Freight Expenses |
0.000 |
1.840 |
0.914 |
|
|
|
Remuneration to
Partners |
0.000 |
0.026 |
0.002 |
|
|
|
Professional Fees |
0.000 |
0.000 |
0.000 |
|
|
|
Association
Charges |
0.025 |
0.000 |
0.000 |
|
|
|
Commission (Import
department) |
0.002 |
0.000 |
0.000 |
|
|
|
Gumastta Expenses |
0.002 |
0.000 |
0.000 |
|
|
|
Interest (Cr.
Asset) |
0.000 |
0.000 |
0.000 |
|
|
|
Registration Fees |
0.001 |
0.000 |
0.000 |
|
|
|
Website Expenses |
0.005 |
0.000 |
0.000 |
|
|
|
TOTAL |
266.883 |
128.123 |
237.965 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
1.374 |
0.658 |
0.837 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.070 |
0.056 |
0.066 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT /
(LOSS) |
1.304 |
0.602 |
0.771 |
|
|
|
|
|
|
|
|
Expected Sales (2012-13): Rs. 280.000 millions
The above information has been parted by Mr. Mukesh Chandan.
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.48 |
1.04 |
0.47 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.514
|
1.04 |
0.47 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.73
|
6.33 |
1.53 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
0.11 |
0.02 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.11
|
0.80 |
0.67 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.68
|
(7.18) |
6.45 |
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 |
No |
|
17) Major suppliers |
No |
|
18) Major customers |
No |
|
19) Payments terms |
Yes |
|
20) Export / Import details (if applicable) |
Yes |
|
21) Market information |
-- |
|
22) Litigations that the firm / promoter |
-- |
|
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 |
-- |
|
29) Last accounts filed at ROC |
-- |
|
30) Major Shareholders, if available |
-- |
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.55.41 |
|
|
1 |
Rs.86.04 |
|
Euro |
1 |
Rs.68.60 |
INFORMATION DETAILS
|
Information Gathered
by : |
SVA |
|
|
|
|
Report Prepared
by : |
NID |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
49 |
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.