MIRA INFORM REPORT

 

 

Report Date :

19.07.2012

 

IDENTIFICATION DETAILS

 

Name :

AJNI INDUSTRIES PRIVATE LIMITED (w.e.f. 02.06.2011)

 

 

Formerly Known As :

AJNI CLEAN ROOMS PRIVATE LIMITED

 

 

Registered Office :

Plot No.20 to 26, Gujarat Industrial Estate, Behind Roses Nursery, Chhani Road, Navayard, Vadodara – 390002, Gujarat

 

 

Country :

India

 

 

Financials (as on) :

31.03.2011

 

 

Date of Incorporation :

18.02.2005

 

 

Com. Reg. No.:

04-045523

 

 

Capital Investment / Paid-up Capital :

Rs.7.500 Millions

 

 

CIN No.:

[Company Identification No.]

U36100GJ2005PTC045523

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

BRDA02029G

 

 

PAN No.:

[Permanent Account No.]

AAFCA0991A

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturer and Exporter of Aluminium Cleanroom Partitions, Aluminium Flush Doors.

 

 

No. of Employees :

73 (Approximately) (In Office + In Factory)

 

 

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 330000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established company having fine track record. Financial performance appears to be good. Trade relations are reported to be fair. Business is active. Payments are reported to be regular and as per commitment.

 

The company can be considered for normal business dealings at usual trade terms and condition.  

 

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. Dipu  B. Sharma

Designation :

Director

Contact No.:

91-9825050475

Date :

14.07.2012

 

 

LOCATIONS

 

Registered Office/Factory :

Plot No.20 to 26, Gujarat Industrial Estate, Behind Roses Nursery, Chhani Road, Navayard, Vadodara – 390002, Gujarat, India

Tel. No.:

91-265-2774855 / 2761516

Mobile No.:

91-9825050475 (Mr. Dipu Sharma)

Fax No.:

91-265-2761515 / 2762424

E-Mail :

mail@ajnicr.com

Website :

www.ajni.co.in

Area :

20000 sq. ft.

Location :

Owned

 

 

DIRECTORS

 

AS ON 09.09.2011

 

Name :

Mr. Pannalal Bhairavlal Sharma

Designation :

Director

Address :

C/90, Tashkand Soc., Nizampura, Vadodara – 390002, Gujarat, India

Date of Birth/Age :

15.10.1974

Date of Appointment :

18.02.2005

DIN No.:

00292286

 

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

U36100GJ2005PTC045523

AJNI INDUSTRIES PRIVATE LIMITED

Director

18/02/2005

18/02/2005

-

Active

NO

2

U29299GJ2009PTC056946

AVIO GR-ENV PRIVATE LIMITED

Director

15/05/2009

15/05/2009

-

Active

NO

 

Name :

Mr. Dipu  Bheravlal Sharma

Designation :

Director

Address :

C/90, Tashkand Soc., Nizampura, Vadodara – 390002, Gujarat, India

Date of Birth/Age :

13.08.1976

Date of Appointment :

18.02.2005

DIN No.:

00292405

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 09.09.2011

 

Names of Shareholders

 

No. of Shares

 

 

 

Pannalal B. Sharma

 

275000

Dipu  B. Sharma

 

275000

Dularam B. Mistry

 

200000

Total

 

750000

 

AS ON 09.09.2011

 

Equity Share Break up (Percentage of Total Equity)

 

Category

Percentage

Directors or relatives of Directors

100.00

Total

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer and Exporter of Aluminium Cleanroom Partitions, Aluminium Flush Doors, etc.

 

 

Exports :

 

Products :

  • Aluminium Cleanroom Partitions
  • Aluminium Flush Doors

Countries :

  • Mexico
  • Bangladesh
  • Spain
  • Italy

 

 

Imports :

 

Products :

  • Raw Material

Countries :

  • Japan
  • Germany
  • China

 

 

Terms :

 

Selling :

Cash and Credit 

 

 

Purchasing :

Cash and Credit 

 

 

GENERAL INFORMATION

 

Suppliers :

·         Hindalco

 

 

Customers :

End Users

 

·         Kocak Farma, Istanbul

·         Hudson Pharmaceuticals Limited, Bangladesh

·         Globe Pharmaceuticals Limited, Bangladesh

·         Sun  Pharmaceuticals, Bangladesh

·         Sun Pharmaceuticals Industries Limited,

·         Cadila Healthcare Limited, Ahmedabad

·         Torrent Pharmaceuticals Limited, Indrad

·         Glenmark Pharmaceuticals Limited, Ankleshwar

·         Chiron Behring Vaccines Private Limited, Ankleshwar

·         M.J. Pharmaceuticals Limited Halol

·         Unimed Technologies Limited, Halol

·         Milmet Laboratories, Vadodara

·         Dishman Pharmaceuticals and Chemicals Limited, Bavla Sanand

·         Dishman Pharmaceuticals and Chemicals Limited, Naroda

·         Torrent Pharmaceuticals Limited, Baddi

·         Comed Chemicals Limited, Baddi

·         The Madras Pharmaceuticals, Chennai

·         Ranbaxy Laboratories, Ponta Sahib

·         Ranbaxy Laboratories, Dewas

·         GlaxoSmithKline Asia Private Limited, Nasik

·         Aventis Pharma, Ankleshwar

·         Nectar Lifescience Limited, Chandigarh

·         Softgel Healthcare Private Limited, Chennai

·         Lupin Limited, Ankleshwar

·         Schutz Dishman Pharmaceuticals and Chemicals Limited, Ahmedabad

·         Huber Chemicals India Private Limited, Ankleshwar

·         Biodeal Laboratories Limited, Surendranagar

·         Sarabhai Piramal Pharmaceuticals Limited, Vadodara

·         Sekhsaria Chemicals Limited,

·         Dr. Reddy's Laboratories Limited, Baddi

·         Pfizer Limited, Navi Mumbai

·          Pharma Base India Private Limited, Mumbai

 

 

No. of Employees :

73 (Approximately) (In Office + In Factory)

 

 

Bankers :

  • Union Bank of India, Nizampura Branch, Vadodara – 390006, Gujarat, India

 

 

Facilities :

 

Secured Loan

 

Rs. In Millions

31.03.2011

Rs. In Millions

31.03.2010

Cash Credit from Banks

10.431

6.760

Term loans from banks

14.147

17.012

Total

24.578

23.772

 

Notes :-

 

1)       Cash credit from banks are secured by hypothecation of stocks, book debts and machineries purchased from banks finance and collateral security of factory shed

2)       Term loans from banks are secured by hypothecation of machineries and motor cars

 

 

 

Banking Relations :

---

 

 

Auditors :

 

Name :

Ruparel and Associates

Chartered Accountants

Address :

FF 10, Avishkar Complex, Old Padra Road, Vadodara – 390015, Gujarat, India

PAN No.:

AAYPR0065L

 

 

CAPITAL STRUCTURE

 

AS ON 31.03.2011

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

750,000

Equity Shares

Rs.10/- each

Rs. 7.500 Millions

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

750,000

Equity Shares

Rs.10/- each

Rs. 7.500 Millions

 

 

 

 

 

Note – of the above 6, 00,000 shares issued by way of Bonus Shares by Capitalisation of Profits.

 

 

 

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

7.500

7.500

7.500

2] Share Application Money

0.000

0.000

0.000

3] Reserves & Surplus

75.475

45.389

30.430

4] (Accumulated Losses)

0.000

0.000

0.000

NETWORTH

82.975

52.889

37.930

LOAN FUNDS

 

 

 

1] Secured Loans

24.578

23.772

31.762

2] Unsecured Loans

0.000

0.000

0.000

TOTAL BORROWING

24.578

23.772

31.762

DEFERRED TAX LIABILITIES

7.111

6.225

0.000

 

 

 

 

TOTAL

114.664

82.886

69.692

 

 

 

 

APPLICATION OF FUNDS