|
Report Date : |
18.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
JAYPEE (INDIA) LIMITED (w.e.f
27.03.2009) |
|
|
|
|
Formerly Known As
: |
JAYPEE INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
11, Dr. Rajendra Prasad Sarani, Kolkata-700001, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
28.07.1982 |
|
|
|
|
Com. Reg. No.: |
21-35131 |
|
|
|
|
Capital
Investment/ Paid-up Capital: |
Rs. 3.775 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29133WB1982PLC035131 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CALJ00899D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACJ6785C |
|
|
|
|
Legal Form : |
A Closely held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Construction Equipments, Rebar Bending, Bar
Cutting, Batch Mix, Plant Concrete Mixer, Mini Dumper, Roller, Tower Crane
and Passenger Hoist, etc. |
|
|
|
|
No. of
Employees: |
150 (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 83000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is Jaypee Group Company. It is an established company having
moderate track. Profitability of the company appears to be low. However trade
relations are reported as fair. Business is active. Payments are reported to
be slow but correct. The company can be considered for business dealings with some caution.
|
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 DECLINED BY
|
Name : |
Mr. Micle |
|
Designation : |
Business Development Associates |
|
Contact No.: |
91-9051234444 |
|
Date : |
16.07.2012 |
LOCATIONS
|
Registered Office : |
11, Dr. Rajendra Prasad Sarani, Kolkata-700001, West |
|
Tel. No.: |
91-33-22423681 |
|
Mobile No.: |
91-9051234444 (Mr. Aditya Mehta) |
|
Fax No.: |
91-33-22432545 |
|
E-Mail : |
|
|
Location : |
Owned |
|
|
|
|
Factory Office : |
National Highway No. 6, Ankur Hati, P O Salab, Kolkata, West |
|
Tel. No.: |
91-33-22691275 |
|
Area : |
8 Acers |
|
Location : |
Owned |
|
|
|
|
Corporate Office : |
226/1, AJC Bose Road, Trinity, 5th Floor, Kolkata-700020,
West Bengal, India |
|
Tel. No.: |
91-33-22890496 |
|
Fax No.: |
91-33-22890859 |
|
Area : |
1500 Sq. ft |
|
Location : |
Owned |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Jayprakash Mehta |
|
Designation : |
Director |
|
Address : |
39, Humayun Kabir Sarani, Flat 2A, Newalipore, Kolkata – 700053, West |
|
Date of Birth/Age : |
25.12.1960 |
|
Qualification : |
B.Com |
|
Date of Appointment : |
29.09.1993 |
|
DIN No: |
00164338 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U29133WB1982PLC035131 |
JAYPEE
(INDIA) LIMITED |
Director |
29/09/1993 |
29/09/1993 |
- |
Active |
NO |
|
2 |
U28991WB1994PLC065608 |
JAYPEE
PROJECTS LIMITED |
Whole-time
director |
24/10/1994 |
24/10/1994 |
- |
Active |
NO |
|
3 |
U74210WB1987PLC042030 |
WML
MACHINERY LIMITED |
Director |
10/12/1997 |
10/12/1997 |
- |
Active |
NO |
|
4 |
U74200WB2001PLC093097 |
JAYMAC
ENGINEERING LIMITED |
Director |
10/04/2001 |
10/04/2001 |
- |
Active |
NO |
|
5 |
U29193WB1991PLC053110 |
JAYPEE
MANUFACTURING COMPANY LIMITED |
Director |
01/02/2006 |
01/02/2006 |
- |
Active |
NO |
|
6 |
U45200MH1999PTC119477 |
BYGGING
INFRASTRUCTURE PRIVATE LIMITED |
Director |
30/05/2006 |
30/05/2006 |
03/10/2007 |
Active |
NO |
|
Name : |
Mr. Dilip Kumar Ghorai |
|
Designation : |
Director |
|
Address : |
Vill Makarda, P.O Aknagaria, Midnapore – 721140, West |
|
Date of Birth/Age : |
09.11.1969 |
|
Qualification : |
BE Civil |
|
Date of Appointment : |
01.09.2005 |
|
DIN No.: |
00271174 |
|
|
|
|
Name : |
Mr. Aditya Vikram Mehta |
|
Designation : |
Director |
|
Address : |
39, Humayun Kabir Sarani, Flat 2A, Newalipore, Kolkata – 700053, West |
|
Date of Birth/Age : |
29.11.1983 |
|
Qualification : |
MBA |
|
Date of Appointment : |
01.01.2007 |
|
DIN No: |
00481189 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U29133WB1982PLC035131 |
JAYPEE
(INDIA) LIMITED |
Director |
29/09/1993 |
29/09/1993 |
Active |
NO |
|
2 |
U29193WB1991PLC053110 |
JAYPEE
MANUFACTURING COMPANY LIMITED |
Director |
17/01/2002 |
17/01/2002 |
Active |
NO |
|
3 |
U29240MH2003PTC143179 |
WINGET
CONSTRUCTION EQUIPMENT PRIVATE LIMITED |
Managing
director |
25/04/2009 |
18/11/2003 |
Active |
NO |
|
4 |
U28991WB1994PLC065608 |
JAYPEE
PROJECTS LIMITED |
Whole-time
director |
01/12/2005 |
01/12/2005 |
Active |
NO |
|
Name : |
Mr. Kumar Mangalam Mehta |
|
Designation : |
Director |
|
Address : |
39, Humayun Kabir Sarani, Flat 2A, Newalipore, Kolkata – 700053, West |
|
Date of Birth/Age : |
05.09.1986 |
|
Date of Appointment : |
01.01.2010 |
|
DIN No.: |
02929136 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U29133WB1982PLC035131 |
JAYPEE
(INDIA) LIMITED |
Additional
director |
01/01/2010 |
01/01/2010 |
Active |
NO |
|
2 |
U28991WB1994PLC065608 |
JAYPEE
PROJECTS LIMITED |
Additional
director |
01/01/2010 |
01/01/2010 |
Active |
NO |
|
Name : |
Mr. Goutam Mahapatra |
|
Designation : |
Additional Director |
|
Address : |
Uttarpara – Dakshin, PO Janai Station Road, Hooghly-712304, West
Bengal, India |
|
Date of Birth/Age : |
31.12.1968 |
|
Date of Appointment : |
02.05.2011 |
|
DIN No.: |
00724718 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U29246WB1994PTC062911 |
J E
EQUIPMENTS PRIVATE LIMITED |
Director |
01/04/2003 |
01/04/2003 |
01/06/2011 |
Active |
NO |
|
2 |
U29133WB1982PLC035131 |
JAYPEE
(INDIA) LIMITED |
Additional
director |
02/05/2011 |
02/05/2011 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Micle |
|
Designation : |
Business Development Associates |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Jay Prakash Mehta |
6114 |
|
Gorachand Desarkar |
21 |
|
Sunita Devi Mehta |
500 |
|
Aditya Vikram Mehta |
500 |
|
Divya Mehta |
25 |
|
Jaypee Manufacturing Company Limited, |
5900 |
|
Jaymac Engineering Limited, |
2700 |
|
Jay Prakash Mehta – HUF |
1140 |
|
WML Machinery Limited, |
5400 |
|
Mehta Mangalam Kumar |
50 |
|
Jaypee Equipment Private Limited, |
8400 |
|
Scaf Engineering Limited, |
7000 |
|
TOTAL
|
37750 |
AS ON 30.09.2011
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Bodies corporate |
78.00 |
|
Directors or relatives of Directors |
22.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Construction Equipments, Rebar Bending, Bar
Cutting, Batch Mix, Plant Concrete Mixer, Mini Dumper, Roller, Tower Crane
and Passenger Hoist, etc. |
||||||
|
|
|
||||||
|
Products : |
|
PRODUCTION STATUS (AS ON : 31.03.2011)
|
Particulars |
Unit |
Actual
Production |
|
Bar Bending and Straightening Machine |
Nos. |
382 |
|
Bar and Angle Shearing Machine |
Nos. |
392 |
|
Weigh Batcher Machine |
Nos. |
4 |
|
Concrete Cutter Machine |
Nos. |
1 |
|
Concrete Mixer Machine |
Nos. |
32 |
|
Earth Compactor |
Nos. |
21 |
|
Vaccum Pump (VDS) |
Nos. |
18 |
|
Builder Hoist |
Nos. |
19 |
|
Taugh Rider |
Nos. |
2 |
|
Vibrator Roller |
Nos. |
3 |
|
Cube Testing Machine |
Nos. |
2 |
|
Vibrator Machine |
Nos. |
17 |
|
Parts and Accessories for Bending |
Nos. |
68 |
|
Parts and Accessories for C/Mixer |
Nos. |
12 |
|
Parts and Accessories for VDS |
Nos. |
66 |
|
Parts and Accessories for Vibrator |
Nos. |
32 |
GENERAL INFORMATION
|
No. of Employees : |
150 (Approximately) |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
·
Axis Bank, Corporate Banking Branch, 1,
Shakespare Sarani, 3rd Floor, Kolkata-700071, West Bengal, India ·
State Bank of India ·
Bank of India ·
The Hongkong and Shanghai Banking Corporation Limited
|
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
|
|
|
|
|
Banking Relations
: |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
A R Maitri and Company Chartered Accountants |
|
Address : |
21, |
|
PAN No.: |
AASSK3397K |
|
|
|
|
Related Parties : |
Jaypee Projects Limited |
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
40000 |
Equity Shares |
Rs.100/- each |
Rs. 4.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
37750 |
Equity Shares |
Rs.100/-
each |
Rs. 3.775
Millions |
|
|
|
|
|
AS ON 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
Rs.100/- each |
Rs. 25.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
208750 |
Equity Shares |
Rs.100/-
each |
Rs. 20.875
Millions |
|
|
|
|
|
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 |
3.775 |
3.775 |
2.235 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
17.068 |
14.577 |
7.811 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
20.843 |
18.352 |
10.046 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
12.063 |
15.020 |
0.000 |
|
|
TOTAL BORROWING |
12.063 |
15.020 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
0.141 |
0.046 |
0.002 |
|
|
|
|
|
|
|
|
TOTAL |
33.047 |
33.418 |
10.048 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
17.864 |
10.245 |
0.009 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
6.340 |
1.440 |
7.940 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
9.426
|
6.788
|
0.092 |
|
|
Sundry Debtors |
31.727
|
16.258
|
4.452 |
|
|
Cash & Bank Balances |
2.423
|
11.408
|
0.298 |
|
|
Other Current Assets |
0.000
|
0.000
|
0.000 |
|
|
Loans & Advances |
16.834
|
5.313
|
2.515 |
|
Total
Current Assets |
60.410
|
39.767 |
7.357 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
40.446
|
12.794
|
3.459 |
|
|
Other Current Liabilities |
9.861
|
4.962
|
1.704 |
|
|
Provisions |
1.293
|
0.322
|
0.122 |
|
Total
Current Liabilities |
51.600
|
18.078 |
5.285 |
|
|
Net Current Assets |
8.810
|
21.689
|
2.072 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.033 |
0.044 |
0.027 |
|
|
|
|
|
|
|
|
TOTAL |
33.047 |
33.418 |
10.048 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
140.215 |
37.201 |
11.601 |
|
|
|
Other Income |
1.429 |
1.071 |
0.112 |
|
|
|
TOTAL |
141.644 |
38.272 |
11.713 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Trading Expenses |
13.924 |
9.592 |
9.997 |
|
|
|
Raw Material Consumed |
101.519 |
20.629 |
0.000 |
|
|
|
Manufacturing Expenses |
7.649 |
1.359 |
0.000 |
|
|
|
Administrative and General Expenses |
14.119 |
5.717 |
1.535 |
|
|
|
TOTAL |
137.211 |
37.297 |
11.532 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
4.433 |
0.975 |
0.181 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.782 |
0.101 |
0.005 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
3.651 |
0.874 |
0.176 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
1.163 |
0.270 |
0.145 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
2.488 |
0.604 |
0.031 |
|
|
|
|
|
|
|
|
|
Add |
Income tax written of A/Y 2009-10 |
0.003 |
0.002 |
0.000 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
1.217 |
0.611 |
0.580 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
3.708 |
1.217 |
0.611 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Trading |
1.935 |
0.375 |
0.775 |
|
|
|
Manufacturing |
0.000 |
0.611 |
0.000 |
|
|
TOTAL EARNINGS |
1.935 |
0.986 |
0.775 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
65.93 |
23.16 |
1.39 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.76
|
1.57
|
0.26 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
2.60
|
2.34
|
1.51 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.66
|
1.74
|
2.38 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.18
|
0.04
|
0.01 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
3.06
|
1.80
|
0.52 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.17
|
2.19
|
1.39 |
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. Constructions of the firm |
Yes |
|
4. Premises details |
No |
|
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 |
No |
|
15. Capital in the business |
Yes |
|
16. Details of sister concerns |
Yes |
|
17. Major suppliers |
No |
|
18. Major customers |
No |
|
19. Payments terms |
No |
|
20. Export / Import details |
Yes |
|
21. Market information |
------ |
|
22. Litigations that the firm / promoter involved |
------ |
|
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
The result disclose a Profit of Rs. 3.650 Millions before Tax after
charging depreciation of Rs. 0.782 million which when reduced by Deferred Tax Liabilities
Rs. 0.094 million and provision for taxation Rs. 1.067 Millions and added to
income tax for earlier year Rs. 3.708 millions which the Directors propose to
carry forward to next year.
FORM 8
|
Corporate
identity number of the company |
U29133WB1982PLC035131 |
|
Name of the
company |
JAYPEE
(INDIA) LIMITED |
|
Address of the
registered office or of the principal place of business in |
11, Dr. Rajendra Prasad Sarani, Kolkata-700001, West |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Immovable
property ·
Book
debts ·
Movable
property (not being pledge) ·
Others |
|
Particular of
charge holder |
Axis Bank, Corporate Banking Branch, 1, Shakespare Sarani, 3rd
Floor, Kolkata-700071, West Bengal, India |
|
Nature of
instrument creating charge |
1. Composite
Hypothecation deed (Current Assets, Movables, Plant and Machinery) |
|
Date of
instrument Creating the charge |
20.10.2011 |
|
Amount secured by
the charge |
Rs. 40.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest CC Rs 30.000
Millions LC Rs 10.000 Millions (Inland/Import) with Rs 10.000 Millions as
buyers credit as sublimit of LC and LER Rs 1.000 Million as sub limit of CC.
ROI for CC, Axis Bank Base rate + 3.50% presently at 13.50% p.a. Terms of repayment CC is payable on
Demand Margin Stock - 25% Book
Debts (Up to 120 days) - 40% 15% to be
collected up front and kept in TDR with Bank's lien noted thereon. Under
collateral security can be used for the purpose of LC margin. Extent and operation of the charge Hypothecation of
all the current assets and movable properties of the Company including stock
in trade both present and future. Other 1. Equitable
Mortgage by Deposit of Title Deeds. 2. Description of
Entire Immovable Properties. |
|
Short particulars
of the property charged (Including location of the property) |
Hypothecation of all
the current assets and movable properties of the Company including stock in
trade both present and future. List of Title
Deeds Deposited – 1.
Original
Deed of Conveyance Dated 11.07.2007 registered at the office of the
Additional District Sub- Registrar, Domjur under Deed No. 646 for the year
2008. 2.
Original
Deed of Conveyance Dated 27.02.2007 registered at the office of the
Additional District Sub- Registrar, Domjur under Deed No. 980 for the year
2008. 3.
Original
Deed of Conveyance Dated 04.06.2007 registered at the office of the
Additional District Sub- Registrar, Domjur under Deed No. 786 for the year
2008. 4.
Original
Deed of Conveyance Dated 12.05.2010 registered at the office of the
Additional District Sub- Registrar, Domjur under Deed No. 2348 for the year
2010. 5.
Copy
of Conversion Certificate. Description of Entire Immovable Properties - All that Factory Land
measuring about 69 decimals in R.S. Dag No 3200, L.R. Dag No 3187, 18
Decimals in R.S. Dag No 3201, L.R. Dag No 3188,4 Decimals in R.S. Dag No.
3202, L.R. Dag No 3189 and 20 decimals in R.S. Dag No 3204, L.R. Dag No. 3191
and 7 decimals in R.S. Dag No.3205, L.R. Dag No. 3192 aggregating 118
decimals under L.R. Khatian No 3018 at Mouza - Ankurhati, J.L No. 30, Touji No 146, P.S Domjur within the Jurisdiction
of the Mohiary No 2 Gram Panchayat in the district of Howrah in the name of Jaypee (India)
Limited. (Previously Jaypee (India) Private Limited. |
FIXED ASSETS
·
Typewriter
·
Office Equipments
·
Furniture and Fixtures
·
Motor Cycle
·
Bi-Cycle
·
Air Conditioner
·
Computer
·
Franking Machine
·
Plant and Machinery
WEBSITE DETAILS:
PROFILE:
Subject is a one
point solution provider for construction engineering industry. With over 28
years of expertise, we understand the challenges in the manufacturing process
and the opportunities to improve Productivity. They have achieved great success
by empowering every user in the enterprise with the tools to benchmark,
automate and improve performance of their manufacturing tasks.
Shri JAY MEHTA, the founder and the present Chairman of the Subject laid the
foundation stone of the company in the year 1982. The tradition of success and
supremacy is now being carried well into the new millennium by his illustrious
sons, Mr. Aditya Mehta, and Mr. Kumar Mehta. The Group reached the magical
heights of honor with major expansions in business.
Since its inception in 1982 Subject has constantly upgraded its portfolio with
diverse offerings, challenging projects and impressive clients. Their
reputation is built on technical expertise, professional approach and
commercial integrity. With a dedicated team of dynamic, qualified professionals
they provide optimal engineering solutions meeting client requirements. They
build long term, successful partnerships with their clients based on mutual
trust and respect.
Subject believes sky is the limit for success but trust of its consumers is the
ladder to that success, and thus it has always created a bond of trust with the
clients.
The company has manufacturing units in Kolkata and in Taloja, Navi Mumbai where
they have a dedicated R and D wing to facilitate the technological changes, and
modifications, using state of the art equipment.
Today, Subject wide range of Products includes Bar Bending Machines, Bar
Cutting Machines, Bar Shearing Machines, Bar Straightening Machines, Batch Mix
Plants, Concrete Mixers, Mini Dumpers, Walk behind Vibratory Rollers, Tower
Cranes, Passenger Hoists, etc. They are also a leading OEM service provider
with ISO certifications. With the consistent efforts of their advanced R and D
unit, they have introduced several new models, innovative designs, and
improvisations in their range of Construction equipment.
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. 55.14 |
|
|
1 |
Rs. 86.29 |
|
Euro |
1 |
Rs. 67.72 |
INFORMATION DETAILS
|
Information
Gathered by : |
SBA |
|
|
|
|
Report Prepared
by : |
DPT |
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 |
YES |
|
--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.