1. Summary Information
|
|
|
Country |
|
|
Company Name |
Fore
Vision Instruments (India) Private Limited |
Principal Name 1 |
Mr. Tetali Sai Kamaraju |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Tetali Rao Hanumantha |
|
|
|
Registration # |
027765 |
|
Street Address |
18-38, 1st Floor, Kamalanagar, Near
Dilsukhnagar, Hyderabad – 500060, Andhra Pradesh, India |
||
|
Established Date |
14.08.1997 |
SIC Code |
-- |
|
Telephone# |
91-40-24042353 |
Business Style 1 |
Distributor |
|
Fax # |
91-40-24042383 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Electron Force Microscopes – Hitachi Make |
|
|
# of employees |
23 (In office 16
+ In Branch 07) (Approximately) |
Product Name 2 |
Atomic Force Microscopes – Park Make |
|
Paid up capital |
Rs.2,000,000/- |
Product Name 3 |
Profilers – KT Make |
|
Shareholders |
Directors or
relatives of Directors -100% |
Banking |
Andhra Bank |
|
Public Limited Corp. |
No |
Business Period |
15 years |
|
IPO |
No |
International Ins. |
-- |
|
Public |
No |
Rating |
Ba (45) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
10,695,000 |
Current Liabilities |
1,368,000 |
|
Inventories |
0,000 |
Long-term Liabilities |
9,015,000 |
|
Fixed Assets |
8,663,000 |
Other Liabilities |
1,973,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
12,356,000 |
|
Invest& other Assets |
6,000 |
Retained Earnings |
5,008,000 |
|
|
|
Net Worth |
7,008,000 |
|
Total Assets |
19,364,000 |
Total Liab. & Equity |
19,364,000 |
|
Total Assets (Previous Year) |
17,945,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales (Total Income) |
26,636,000 |
Net Profit |
810,000 |
|
Sales(Previous yr) (Total Income) |
62,685,000 |
Net Profit(Prev.yr) |
1,132,000 |
|
Report Date : |
30.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
FORE VISION INSTRUMENTS (INDIA) PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
18-38, 1st Floor, Kamalanagar, Near
Dilsukhnagar, Hyderabad – 500060, Andhra Pradesh |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
14.08.1997 |
|
|
|
|
Com. Reg. No.: |
027765 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.2.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29110AP1997PTC027765 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Distributor of Electron Force Microscopes – |
|
|
|
|
No. of Employees
: |
23 (In office 16 + In Branch 07) (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 28032 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. There
appears same dip in the turnover of the company. However, trade relations are
reported as fair. Business is active. Payments are reported to be usually
correct and as per commitments. The company 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. K. Krishna Rao |
|
Designation : |
Director – Sales |
|
Contact No.: |
91-9866130760 |
LOCATIONS
|
Registered Office : |
18-38, 1st Floor, Kamalanagar, Near
Dilsukhnagar, Hyderabad – 500060, Andhra Pradesh, India |
|
Tel. No.: |
91-40-24042353 |
|
Fax No.: |
91-40-24042383 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Rented |
|
|
|
|
Corporate Office
: |
Plot No.35, Sai Ram Avenue, First Floor, Room No.2, Samathapuri,
Nagole X Road, Hyderabad – 500035, Andhra Pradesh, India |
|
Tel. No.: |
91-40-24042353/ 24142353 |
|
Fax No.: |
91-40-24042383 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Branches : |
115, Selimpur Road, Kolkata – 700031, West Bengal, India |
|
Tel. No.: |
91-33-24990131 |
|
Fax No.: |
91-33-24990131 |
|
Location : |
Rented |
DIRECTORS
AS ON 12.09.2012
|
Name : |
Mr. Tetali Sai Kamaraju |
|
Designation : |
Managing Director |
|
Address : |
18-38, Kamalanagar, Near Dilsukhnagar, Hyderabad – 500060,
Andhra Pradesh, India |
|
Date of Birth/Age : |
21.05.1959 |
|
Qualification : |
M. Sc physics |
|
Experience : |
14 years |
|
Date of Appointment : |
14.08.1997 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U29110AP1997PTC027765
|
FORE VISION
INSTRUMENTS (INDIA) PRIVATE LIMITED |
Managing
director |
14/08/1997 |
14/08/1997 |
- |
Active |
NO |
|
Name : |
Mr. Tetali Rao Hanumantha |
|
Designation : |
Director |
|
Address : |
18-38, Kamalanagar, Near Dilsukhnagar, Hyderabad – 500060,
Andhra Pradesh, India |
|
Date of Birth/Age : |
06.06.1966 |
|
Qualification : |
M. Tech (Comp Sc) |
|
Date of Appointment : |
15.09.1997 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U29110AP1997PTC027765
|
FORE VISION INSTRUMENTS
(INDIA) PRIVATE LIMITED |
Director |
14/08/1997 |
14/08/1997 |
- |
Active |
NO |
|
Name : |
Mr. Tetali Nagamani |
|
Designation : |
Director |
|
Address : |
18-38, Kamalanagar, Near Dilsukhnagar, |
|
Date of Birth/Age : |
21.07.1936 |
|
Date of Appointment : |
06.04.1997 |
Other Directorship:
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company
Status |
Defaulting
status |
|
1 |
U29110AP1997PTC027765
|
FORE VISION
INSTRUMENTS (INDIA) PRIVATE LIMITED |
Director |
06/04/1998 |
06/04/1998 |
- |
Active |
NO |
|
Name : |
Mr. Gidugu Mani Kumari |
|
Designation : |
Director |
|
Address : |
12, |
|
Date of Birth/Age : |
30.03.1969 |
|
Date of Appointment : |
15.09.1997 |
KEY EXECUTIVES
|
Name : |
Mr. K. Krishna Rao |
|
Designation : |
Director – Sales |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 12.09.2012)
|
Names of Shareholders |
|
No. of Shares |
|
|
|
|
|
Tetali Sai Kamaraju |
|
73700 |
|
Tetali Rao Hanumantha |
|
94700 |
|
Gidugu Mani Kumari |
|
31600 |
|
|
|
|
|
Total |
|
200000 |
(AS ON 12.09.2012)
Equity Shares Break – up
|
Category |
|
Percentage |
|
|
|
|
|
Directors or relatives of Directors |
|
100.00 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Distributor of Electron Force Microscopes – Hitachi Make, Atomic Force
Microscopes – Park Make, Profilers – KT Make. |
|
|
|
|
Agencies held: |
·
Hitachi High Technologies (S) Pte Ltd, Singapore ·
Oxford Instruments, United kingdom ·
Park Systems inc., Korea ·
Thermo Fisher Scientific, United States of
America ·
SPI Supplies, United States of America ·
KLA Tencor, United States of America |
|
|
|
|
Imports : |
|
|
Products : |
Electronic Microscopes |
|
Countries : |
·
Japan ·
Singapore ·
Korea |
|
|
|
|
Terms : |
|
|
Selling : |
L/C |
|
|
|
|
Purchasing : |
Credit (30 days) |
GENERAL INFORMATION
|
Customers : |
End Users |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
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|
No. of Employees : |
23 (In office 16 + In Branch 07) |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
·
Andhra Bank, 16-1027/15, Malkpet, Hyderabad – 500036, Andhra Pradesh, India ·
HDFC Bank, 2-41, Chaitanya Chamber, Chaitanyapuri Gaddiannaram, Hyderabad – 500036, Andhra Pradesh, India |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Facilities : |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
D Swami Reddy and Company (Mr. Sreenivasulu Reddy) Chartered Accountant |
|
Address : |
404, Sandhya Enclave, Dwarakapuri Colony, Punjagutta, Hyderabad –
500082, Andhra Pradesh, India |
|
Tel. No.: |
91-40-23350229 |
|
E-Mail : |
CAPITAL STRUCTURE
(AS ON 31.03.2011)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200000 |
Equity Shares |
Rs.10/- each |
Rs.2.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200000 |
Equity Shares |
Rs.10/- each |
Rs.2.000
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 |
2.000 |
2.000 |
2.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
5.008 |
4.198 |
3.066 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
7.008 |
6.198 |
5.066 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
4.300 |
1.969 |
0.486 |
|
|
2] Unsecured Loans |
4.715 |
0.000 |
2.200 |
|
|
TOTAL BORROWING |
9.015 |
1.969 |
2.686 |
|
|
DEFERRED TAX LIABILITIES |
0.334 |
0.232 |
0.134 |
|
|
|
|
|
|
|
|
TOTAL |
16.357 |
8.399 |
7.886 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
8.663 |
5.874 |
4.879 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.006 |
0.006 |
0.006 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
1.519
|
0.202 |
0.285 |
|
|
Cash & Bank Balances |
0.006
|
1.020 |
0.272 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
9.170
|
10.843 |
13.978 |
|
Total
Current Assets |
10.695
|
12.065 |
14.535 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.226
|
5.494 |
0.000 |
|
|
Other Current Liabilities |
1.142
|
1.440 |
10.633 |
|
|
Provisions |
1.639
|
2.612 |
0.901 |
|
Total
Current Liabilities |
3.007
|
9.546 |
11.534 |
|
|
Net Current Assets |
7.688
|
2.519 |
3.001 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
16.357 |
8.399 |
7.886 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
High Sea Sales |
|
4.104 |
30.706 |
|
|
|
Commission Received |
|
15.674 |
29.685 |
|
|
|
AMC and Service Charges |
|
4.069 |
1.575 |
|
|
|
Sales |
|
2.028 |
0.117 |
|
|
|
Other Income |
|
0.761 |
0.602 |
|
|
|
TOTAL
(A) |
|
26.636 |
62.685 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Sales |
|
0.000 |
27.654 |
|
|
|
Operating and Administrative Expenses |
|
22.547 |
30.897 |
|
|
|
Working Directors Remuneration |
|
0.840 |
0.780 |
|
|
|
Marketing and Business Promotion |
|
1.082 |
0.364 |
|
|
|
TOTAL (B) |
|
24.469 |
59.695 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
|
2.167 |
2.990 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
0.458 |
0.732 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
1.709 |
2.258 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
0.542 |
0.581 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
|
1.167 |
1.677 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
|
0.357 |
0.545 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
|
0.810 |
1.132 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
3.04
|
1.81 |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
28.44
|
5.46 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
6.03
|
9.35 |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.17
|
0.33 |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.72
|
1.86 |
2.81 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.56
|
1.26 |
1.26 |
LOCAL AGENCY FURTHER INFORMATION
|
Check list by info
Agents |
Available in Report (Yes/ No) |
|
|
|
|
Year of Establishment |
Yes |
|
Locality of the Firm |
Yes |
|
Constitution of the Firm |
Yes |
|
Premises details |
No |
|
Type of Business |
Yes |
|
Line of Business |
Yes |
|
Promoter’s Background |
Yes |
|
No. of Employees |
Yes |
|
Name of Person Contacted |
Yes |
|
Designation of Contact person |
Yes |
|
Turnover of Firm for last two years |
Yes |
|
Profitability for last two years |
Yes |
|
Reasons for variation <> 20% |
-- |
|
Estimation for coming financial year |
No |
|
Capital in the business |
Yes |
|
Details of sister concerns |
No |
|
Major Suppliers |
No |
|
Major Customers |
No |
|
Payments Terms |
Yes |
|
Export/ Imports Details (If applicable) |
Yes |
|
Market Information |
-- |
|
Litigations that the firm/ Promoters Involved in |
-- |
|
Banking details |
Yes |
|
Banking Facility Details |
Yes |
|
Conduct of the Banking Account |
-- |
|
Buyer visit details |
-- |
|
Financials, if provided |
Yes |
|
Incorporation details is applicable |
Yes |
|
Last Accounts filed at ROC |
Yes |
|
Major Shareholders, if available |
Yes |
TRADE REFERENCES:
|
ORGANISATION
/ INSTITUTE |
CONTACT
PERSON |
|
Indian Oil Corporation Limited R and, Sector – 13, Faridabad – 121007,
Haryana, India |
Dr. T Vincent Martin, Division of
Tribology, Tel: 0129-2285340 Email: martinv@iocl.co.in
|
|
Mepco Schlenk Engineering College, Sivakasi – 626005, Virudhunagar –
District, Tamilnadu, India |
Dr. N Selva Kumar Department of Mechanical Engineering Tel : 04562-235641 Email: nsk2966@yahoo.co.in
|
|
Osmania University, Hyderabad – 200007 |
Dr. P Veeresham, Professor and Head, Department of Physics, Tel : 040-27682378 |
|
Tata Institute of Fundamental Research, Homi Bhabha Road, Colaba, Mumbai – 400005,
Maharashtra |
Dr. Achanta Venu Gopal Department of Condensed Matter Physics and
Material Science, Tel : 022-22782910/2932 |
|
Centre for Nanoscience and Technology, Anna University, Chennai – 600025,
Tamilnadu |
Prof. R Jayavel Director, Tel: 044-22433403 Mobile: 09444309701 Email: rivel@annauniv.edu
|
FORM 8:
|
This form is for |
Creation of charge |
|
Charge identification number of the
modified |
|
|
Corporate identity number of the company |
U29110AP1997PTC027765 |
|
Name of the company |
FORE VISION INSTRUMENTS (INDIA) PRIVATE
LIMITED |
|
Address of the registered office or of the
principal place of business in |
18-38,Ist Floor, Kamalanagar, Near
Dilsukhnagar, Hyderabad-500 06, Andhra Pradesh, India |
|
Type of charge |
Others |
|
Particular of charge holder |
Andhra Bank |
|
Nature of description of the instrument
creating or modifying the charge |
1) Composite Agreement 2) Counter Guarantee 3) Limit Sanction Letter |
|
Date of instrument Creating the charge |
24/01/2009 |
|
Amount secured by the charge |
Rs.6.900 Millions |
|
Brief particulars of the principal terms
and conditions and extent and operation of the charge |
Rate of Interest 08.75% On SOD Terms of Repayment On Demand Margin 25% Extent and Operation of the charge First Charge |
|
Short particulars of the property charged |
1) House No.18-38, Plot No.16A, Survey
No.64&65, Situated At Kamalanagar, Chaitanyapuri, Gaddiannaram
Municipality, R.R. District, Belongs To Sri T. Sai Kamaraju (Managing
Director). 2) House No.2-1-242, Plot No.16, Situated
At Mamathanagar, Nagole, Hyderabad-68, Belonging To Sri A. Srinivas (Relative
Of Managing Director) |
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.56.31 |
|
|
1 |
Rs.88.06 |
|
Euro |
1 |
Rs.70.91 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
|
45 |
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.