MIRA
INFORM REPORT
|
Report Date : |
20.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
SHREE KRISHNA ULTRAMARINE PIGMENTS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
B-7 and 8, Industrial Estate, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
09.08.1988 |
|
|
|
|
Com. Reg. No.: |
20-009901 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 1.862 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24222UP1988PTC009901 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Ultramarine blue, Ultramarine blue
liquid, holi colors etc |
|
|
|
|
No. of Employees
: |
50 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (26) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 13000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. However,
trade relations are reported as fair. Business is active. Payments are
reported to be slow. The company can be considered for business dealings with some
cautions. |
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. Abhishek |
|
Designation : |
Marketing Manager |
|
Contact No.: |
91-9594515318 |
|
Date : |
22.05.2012 |
LOCATIONS
|
Registered Office / Factory : |
B-7 and 8, Industrial Estate, Aligarh Road, Hathras-204101, Uttar
Pradesh |
|
Tel. No.: |
91-5722-276341 |
|
Mobile No.: |
91-9594515318 (Mr. Abhishek) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Location : |
Owned |
DIRECTORS
AS ON 30.09.2010
|
Name : |
Mr. Om Prakash Agarwal |
|
Designation : |
Director |
|
Address : |
Basant Bagh, Hathras-204101, India |
|
Date of Birth/Age : |
23.05.1962 |
|
Date of Appointment : |
09.08.1988 |
|
DIN No.: |
01767366 |
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 |
U24222UP1988PTC009901 |
SHREE
KRISHNA ULTRAMARINE PIGMENTS PRIVATE LIMITED |
Director |
09-08-88 |
09-08-88 |
- |
Active |
NO |
|
2 |
U32109DL2000PTC103187 |
KOSI
ELECTRONICS PRIVATE LIMITED |
Director |
30-06-06 |
30-06-06 |
- |
Active |
NO |
|
3 |
U74994DL1993PTC055725 |
SANTANA
DESIGNS PRIVATE LIMITED |
Director |
21-08-06 |
21-08-06 |
- |
Active |
NO |
|
4 |
U65100DL2007PTC164231 |
LOTUS
INFIN PRIVATE LIMITED |
Director |
31-05-07 |
31-05-07 |
05-05-09 |
Active |
NO |
|
5 |
U67120DL2007PTC164223 |
LILY
PORTFOLIO AND FINLEASE PRIVATE LIMITED |
Director |
31-05-07 |
31-05-07 |
09-04-09 |
Active |
NO |
|
6 |
U65900DL2007PTC164248 |
DAWN
INFIN PRIVATE LIMITED |
Director |
31-05-07 |
31-05-07 |
05-05-09 |
Active |
NO |
|
7 |
U72900DL2007PTC164246 |
JASMINE
PORTFOLIO AND FINLEASE PRIVATE LIMITED |
Director |
31-05-07 |
31-05-07 |
05-05-09 |
Active |
NO |
|
8 |
U67100DL2007PTC164271 |
AADI
SHAKTI PORTFOLIO AND FINLEASE PRIVATE LIMITED |
Director |
01-06-07 |
01-06-07 |
- |
Active |
NO |
|
9 |
U70101DL2000PTC106485 |
ROBOT
PROPERTIES PRIVATE LIMITED |
Additional
director |
13-12-07 |
13-12-07 |
16-01-10 |
Active |
NO |
|
10 |
U70104DL2006PTC149039 |
SHREE
AADHIYA BUILDWELL PRIVATE LIMITED |
Additional
director |
13-12-07 |
13-12-07 |
16-01-10 |
Active |
NO |
|
11 |
U70101DL2005PTC141973 |
MARUTINANDAN
PROPERTIES PRIVATE LIMITED |
Director |
23-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
12 |
U70109DL2006PTC152890 |
MANGALAYA
BUILDTECH PRIVATE LIMITED |
Director |
27-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
13 |
U45201DL2006PTC145033 |
VISHNU
BUILDWELL PRIVATE LIMITED |
Director |
26-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
14 |
U70101DL2005PTC140735 |
SHRI
GOVIND MADHAV PROPERTIES PRIVATE LIMITED |
Director |
29-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
15 |
U70102DL2006PTC149090 |
SADHAVI
PROPERTIES PRIVATE LIMITED |
Director |
26-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
16 |
U45201DL2006PTC145031 |
PRABHURAM
BUILDWELL PRIVATE LIMITED |
Director |
26-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
17 |
U70102DL2006PTC149089 |
SHIVDURGA
BUILDWELL PRIVATE LIMITED |
Director |
26-09-08 |
13-12-07 |
04-12-09 |
Active |
NO |
|
18 |
U70101DL2005PTC140924 |
RAGHUNANDAN
PROPERTIES PRIVATE LIMITED |
Director |
26-09-08 |
13-12-07 |
16-01-10 |
Active |
NO |
|
19 |
U70109DL2006PTC154699 |
BHOOPATI
BUILDTECH PRIVATE LIMITED |
Additional
director |
14-12-07 |
14-12-07 |
16-01-10 |
Active |
NO |
|
20 |
U45200DL2006PTC154698 |
RUDRAPRIYA
REAL ESTATE PRIVATE LIMITED |
Additional
director |
31-12-07 |
31-12-07 |
16-01-10 |
Active |
NO |
|
21 |
U51109WB1995PTC068449 |
VEDANGA
VINIMOY PRIVATE LIMITED |
Additional
director |
05-08-11 |
05-08-11 |
- |
Active |
NO |
|
22 |
U51909WB1996PTC082132 |
R.P.DEALERS
PRIVATE LIMITED |
Additional
director |
05-08-11 |
05-08-11 |
- |
Active |
NO |
|
23 |
U74140WB1993PLC060196 |
DEEPMALA
COMMODITEES LIMITED |
Additional
director |
06-08-11 |
06-08-11 |
- |
Active |
NO |
|
Name : |
Mr. Anil Kumar Agrawal |
|
Designation : |
Director |
|
Address : |
Basant Bagh, Hathras-204101, India |
|
Date of Birth/Age : |
01.12.1957 |
|
Date of Appointment : |
09.08.1988 |
|
DIN No.: |
02319462 |
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 |
U24222UP1988PTC009901 |
SHREE
KRISHNA ULTRAMARINE PIGMENTS PRIVATE LIMITED |
Director |
09-08-88 |
09-08-88 |
Active |
NO |
|
2 |
U74899DL1995PTC067441 |
AGGARWAL
BROS. LEASING AND FINANCE COMPANY PRIVATE LIMITED |
Director |
08-03-06 |
08-03-06 |
Active |
NO |
|
3 |
U15549UP2009PTC036881 |
ANRAS
FOOD PRODUCTS PRIVATE LIMITED |
Director |
25-02-09 |
25-02-09 |
Active |
NO |
|
4 |
U51909DL2010PTC202124 |
ANRAS
OVERSEAS PRIVATE LIMITED |
Director |
29-04-10 |
29-04-10 |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Abhishek |
|
Designation : |
Marketing Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2010
|
Names of Shareholders |
No. of Shares |
|
Krishna Kumar Agrawal |
10 |
|
Rakesh Kumar Agrawal |
2610 |
|
Anil Agrawal |
2860 |
|
Om Agrawal |
6460 |
|
Pankaj Agrawal |
3000 |
|
Raj Rani Agrawal |
60 |
|
Meera Agrawal |
70 |
|
Nemita Agrawal |
70 |
|
Geeta Agrawal |
5661 |
|
Dinesh Agrawal |
200 |
|
Manoj Agrawal |
1 |
|
Ramesh Goyal |
1 |
|
Deepti Agrawal |
1 |
|
Om Agrawal (HUF) |
1401 |
|
Deepika Agrawal |
1 |
|
Master Deepak Agrawal |
1 |
|
Bal Swaroop Agrawal |
1 |
|
Ashok Agarawal |
1 |
|
Hari Baboo Kapil Kumar |
1 |
|
Hari Baboo Sanjay Kumar |
1 |
|
Sanjay Agarawal (HUF) |
1 |
|
Suresh Chand Kamlesh Kumar |
1 |
|
Agrawal Suppliers |
1 |
|
Goyal Bhandar |
1 |
|
R. K. Trading Company, India |
1 |
|
Shree Tin Containers, India |
1 |
|
Ghanshyam Das Viond Kumar |
1 |
|
Munna lal and Company, India |
1 |
|
Bharat Industries, India |
1 |
AS ON 30.09.2010
|
Equity Shares
Break Up |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Ultramarine blue, Ultramarine blue
liquid, holi colors etc |
|
|
|
|
Exports : |
|
|
Countries : |
·
Bangladesh ·
Dubai |
|
|
|
|
Terms : |
|
|
Selling : |
L/C, Cash and Credit (30 Days / 60 Days) |
|
|
|
|
Purchasing : |
Cash and Credit (30 Days / 60 Days) |
GENERAL INFORMATION
|
Customers : |
Wholesalers, Retailers and End Users ·
Anand Agro Chem Industries ·
Andalam Trading Company ·
Chemo India ·
Koshambh Multitrad Private Limited ·
Rishi Advertising and Marketing Private Limited ·
Shri Gajanan and Company |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
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|
No. of Employees : |
50 (Approximately) |
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
·
HDFC Bank Limited, HDFC Bank House, Senapati
Bapat Marg, Lower Parel (West), Mumbai-400013, Maharashtra, India ·
Punjab National Bank, Hathras |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Praveen K Jain and Associates Chartered Accountant |
|
Address : |
Shyam Dal Mill Compound, Near Bijlighar Sub Station No.3, Navipur Road,
Harthas-204101, Uttar Pradesh, India |
|
Tel. No.: |
91-5722-325491 / 230149 |
|
Mobile No.: |
91-9837789368 |
|
Pan No.: |
ADLPJ4977B |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000 |
Equity Shares |
Rs.100/- each |
Rs. 2.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
18620 |
Equity Shares |
Rs.100/-
each |
Rs. 1.862
Millions |
|
|
|
|
|
AS ON 30.09.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000 |
Equity Shares |
Rs.100/- each |
Rs. 2.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
22620 |
Equity Shares |
Rs.100/-
each |
Rs. 2.262
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
1.862 |
1.862 |
1.662 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.030 |
|
|
3] Reserves & Surplus |
1.617 |
1.619 |
1.562 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
3.479 |
3.481 |
3.254 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
4.241 |
4.968 |
7.596 |
|
|
TOTAL BORROWING |
4.241 |
4.968 |
7.596 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7.720 |
8.449 |
10.850 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
1.705 |
1.835 |
1.678 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
2.182 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
5.872
|
5.428 |
3.639 |
|
|
Sundry Debtors |
0.687
|
1.626 |
2.305 |
|
|
Cash & Bank Balances |
0.779
|
0.999 |
1.804 |
|
|
Other Current Assets |
0.022
|
0.000 |
0.000 |
|
|
Loans & Advances |
0.577
|
0.569 |
0.562 |
|
Total
Current Assets |
7.937
|
8.622 |
8.310 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.459
|
0.640 |
|
|
|
Other Current Liabilities |
1.357
|
1.278 |
|
|
|
Provisions |
0.106
|
0.090 |
0.000 |
|
Total
Current Liabilities |
1.922
|
2.008 |
1.320 |
|
|
Net Current Assets |
6.015
|
6.614 |
6.990 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7.720 |
8.449 |
10.850 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
15.529 |
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
16.525 |
15.529 |
19.667 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
15.433 |
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
16.416 |
15.433 |
19.432 |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
0.109 |
0.096 |
0.235 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.023 |
0.039 |
(0.667) |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
0.086 |
0.057 |
0.902 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
4.62 |
3.08 |
54.27 |
|
|
Particulars |
|
31.03.2012 |
31.03.2011 |
|
Sales Turnover (Approximately) |
|
20.000 |
19.000 |
|
|
|
|
|
The above information has been parted by Mr. Abhishek.
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
0.52
|
0.37 |
4.59 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.13
|
0.92 |
2.35 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.03
|
0.03 |
0.07 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.77
|
2.00 |
2.74 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
4.13
|
4.29 |
6.30 |
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 |
No |
|
17. Major suppliers |
No |
|
18. Major customers |
Yes |
|
19. Payments terms |
Yes |
|
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 |
NOTE
Registered office has been shifted from Pasratta BAzar, Hathras-204101, Uttar
Pradesh, India to the present address w.e.f.06.09.2007.
FIXED ASSETS
·
Land
·
Plant and Machinery
·
Car
·
Colour Matching Software
·
Television
·
Furniture and Fittings
·
Cycle
·
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. 56.01 |
|
|
1 |
Rs. 87.85 |
|
Euro |
1 |
Rs. 70.54 |
INFORMATION DETAILS
|
Information
Gathered by : |
JML |
|
|
|
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--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 |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
26 |
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.