1. Summary Information
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|
Country |
|
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Company Name |
ANTOLIN KASAI
TEK CHENNAI PRIVATE LIMITED |
Principal Name 1 |
Mr. Fumihiko Tsukioka |
|
Status |
New Business |
Principal Name 2 |
Mr. Koji Hori |
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|
|
Registration # |
-- |
|
Street Address |
Plot No.212,
Panruti A Block, Village Panruti, Sriperumbudur – 602105, Tamilnadu, India |
||
|
Established Date |
23.02.2012 |
SIC Code |
-- |
|
Telephone# |
91-44-67128187 |
Business Style 1 |
Manufacturer of Door Panel Automobile Inter Accessories. |
|
Fax # |
-- |
Business Style 2 |
-- |
|
Homepage |
-- |
Product Name 1 |
-- |
|
# of employees |
10
(Approximately) |
Product Name 2 |
-- |
|
Paid up capital |
150,000,000 |
Product Name 3 |
-- |
|
Shareholders |
Kasai Kogyo Company Limited, Japan -
7500000 |
Banking |
Bank of Tokyo |
|
Public Limited Corp. |
-- |
Business Period |
04 Months |
|
IPO |
--- |
International Ins. |
- |
|
Public |
--- |
Rating |
NB |
|
Related
Company |
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Relation
-- |
Country
-- |
Company
Name |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
|
Invest& other Assets |
-- |
Retained Earnings |
-- |
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|
|
Net Worth |
-- |
|
Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
-- |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
|
Report Date : |
28.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
ANTOLIN KASAI TEK CHENNAI PRIVATE LIMITED |
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|
|
|
Registered
Office : |
Plot No.212, Panruti A Block, Village Panruti, Sriperumbudur – 602105,
Tamilnadu |
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|
Country : |
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Date of
Incorporation : |
23.02.2012 |
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Com. Reg. No.: |
084617 |
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|
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Capital
Investment / Paid-up Capital : |
Rs.150.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U35990TN2012PTC084617 |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
Line of Business
: |
Manufacturer of Door Panel Automobile Inter Accessories. |
|
|
|
|
No. of Employees
: |
10 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
- |
NB |
New Business |
- |
|
Status : |
New Business |
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|
|
|
Payment Behaviour : |
Unknown |
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|
Litigation : |
Clear |
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Comments : |
Subject is a new company establishing itself gradually. The company
incorporated in February, 2012. But still they have not started their
commercial activity. They will commence their commercial operation from
September, 2012. Payments are unknown. The company can be considered for business dealings on safe and
secured 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 : |
Ms. Kalyani |
|
Designation : |
Finance Manager |
|
Contact No.: |
91-9884820472 |
|
Date : |
21.06.2012 |
LOCATIONS
|
Registered Office/Factory : |
Plot No.212, Panruti A Block, Village Panruti, Sriperumbudur – 602105,
Tamilnadu, India |
|
Tel. No.: |
91-44-67128187 |
|
E-Mail : |
|
|
Website : |
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Location : |
Owned |
|
|
|
|
Communication Office : |
G-9 Sipcot Industrial Park Irrungattukottai Sriperumbudur Taluk –
602105, Tamilnadu, India |
DIRECTORS
|
Name : |
Mr. Fumihiko Tsukioka |
|
Designation : |
Director |
|
Address : |
3-6-13 Nakazato, Kita Ku, Tokyo To Tokyo - 1140015 |
|
Date of Birth/Age : |
12.09.1957 |
|
Date of Appointment : |
23.03.2012 |
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|
Name : |
Mr. Koji Hori |
|
Designation : |
Director |
|
Address : |
3-12-21 Daigiri Fujisawa-Shi Kanagawa
2510002 |
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Date of Birth/Age : |
24.01.1953 |
|
Date of Appointment : |
23.03.2012 |
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|
|
|
Name : |
Mr. Pablo Munoz Baroja Pagola |
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Designation : |
Director |
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Address : |
Paseo Miqueletes 1, 1, 3 C, 20008 San Sebastian 20008 |
|
Date of Birth/Age : |
19.09.1969 |
|
Date of Appointment : |
23.03.2012 |
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|
Name : |
Mr. Ernesto Antolin Arribas |
|
Designation : |
Director |
|
Address : |
C/Vitoria 8 2-C Burgos 09004 |
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Date of Birth/Age : |
06.11.1964 |
|
Date of Appointment : |
23.03.2012 |
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|
|
Name : |
Mr. Ramasundaram Krishnan |
|
Designation : |
Director |
|
Address : |
No 2 Southern Shelters, Mount Poonamallee Road, Kattupakkam, Chennai
600056, Tamil Nadu, India |
|
Date of Birth/Age : |
21.05.1964 |
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|
|
|
Name : |
Mr. Kazuhiro Kobayashi |
|
Designation : |
Director |
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Address : |
Chigasaki Parkhomes 5-22-107 Chigasaki 2 Chigasaki Shi Kanagawa 2530041 |
|
Date of Birth/Age : |
08.11.1963 |
KEY EXECUTIVES
|
Name : |
Ms. Kalyani |
|
Designation : |
Finance Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 23.02.2012
|
Names of Shareholders |
|
No. of Shares |
|
Kasai Kogyo Company Limited, Japan |
|
7500000 |
|
Ramasundaram Krishnan |
|
7500000 |
|
Total |
|
15000000 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Door Panel Automobile Inter Accessories. |
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|
|
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Terms : |
|
|
Selling : |
Cash, Credit |
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|
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Purchasing : |
Cash, Credit |
GENERAL INFORMATION
|
Customers : |
·
Wholesalers ·
Retailers |
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|
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No. of Employees : |
10 (Approximately) |
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|
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Bankers : |
Bank of Tokyo, Mitsubishi Branch |
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Facilities : |
-- |
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Banking
Relations : |
-- |
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Auditors : |
|
|
Name : |
Deloitte Haskins and Sells Chartered Accountant |
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Associates/Subsidiaries : |
NA |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
70000000 |
Equity Shares |
Rs.10/- each |
Rs.700.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
15000000 |
Equity Shares |
Rs.10/- each |
Rs.150.000
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW COMPANY
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 |
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6)
Line of Business |
Yes |
|
7)
Promoter's background |
Yes |
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8)
No. of employees |
Yes |
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9)
Name of person contacted |
Yes |
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10)
Designation of contact person |
Yes |
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11)
Turnover of firm for last three years |
No |
|
12)
Profitability for last three years |
No |
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13)
Reasons for variation <> 20% |
-- |
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14)
Estimation for coming financial year |
No |
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15)
Capital in the business |
Yes |
|
16)
Details of sister concerns |
No |
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17)
Major suppliers |
No |
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18)
Major customers |
No |
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19)
Payments terms |
Yes |
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20)
Export / Import details (if applicable) |
No |
|
21)
Market information |
-- |
|
22)
Litigations that the firm / promoter involved in |
-- |
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23)
Banking Details |
Yes |
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24)
Banking facility details |
No |
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25)
Conduct of the banking account |
-- |
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26)
Buyer visit details |
-- |
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27)
Financials, if provided |
No |
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28)
Incorporation details, if applicable |
No |
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29)
Last accounts filed at ROC |
No |
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30)
Major Shareholders, if available |
No |
PRESS RELEASE:
Kasai Kogyo Co., Ltd.
to Set up Joint Venture with GRUPO ANTOLIN-IRAUSA, S.A.
Kasai Kogyo Co., Ltd. announced that it has decided to set
up a joint venture ANTOLIN KASAI TEK CHENNAI PRIVATE LIMITED, which will be
engaged in the manufacture and sale of automobile internal accessories, with
GRUPO ANTOLIN-IRAUSA, S.A., in February 2012. Kasai Kogyo and GRUPO
ANTOLIN-IRAUSA will each hold a 50% stake in the joint venture. GRUPO
ANTOLIN-IRAUSA is a Toledano-based company engaged in the manufacture and sale
of automobile internal accessories.
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 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.57.22 |
|
|
1 |
Rs.89.42 |
|
Euro |
1 |
Rs.71.46 |
INFORMATION DETAILS
|
Information
Gathered by : |
PJA |
|
|
|
|
Report Prepared
by : |
SDA |
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.