|
Report Date : |
07.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
ROSELABS BIOSCIENCE PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Survey No. 253, N.H.8, Opposite Kerala, |
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Country : |
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|
Financials (as
on) : |
31.03.2011 |
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|
|
|
Date of
Incorporation : |
06.01.2010 |
|
|
|
|
Com. Reg. No.: |
04-059109 |
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|
|
|
Capital
Investment / Paid-up Capital : |
Rs.128.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24290GJ2010PTC059109 |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
Manufacturer of Pre-Filled Syringes. |
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|
|
|
No. of Employees
: |
60 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Yet to commence business |
|
|
|
|
Payment Behaviour : |
Unknown |
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|
|
|
Litigation : |
Clear |
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|
Comments : |
Subject is a relatively new company and yet to established itself gradually.
The company is yet to commence its commercial. Payments are unknown. The company can be considered for business dealings on a 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.
INFORMATION PARTED BY
|
Name : |
Mr. Sharma |
|
Designation : |
Accountant |
|
Contact No.: |
91-9727705334 |
|
Date : |
06.03.2012 |
LOCATIONS
|
Registered Office : |
Survey No. 253, N.H.8, Opposite Kerala, |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9727705334 [Mr. Sharma] |
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Fax No.: |
Not Available |
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E-Mail : |
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|
Website : |
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|
Location : |
Owned |
|
|
|
|
Corporate Office: |
3rd Floor, Kateria Arcade, Near Adhani Vidya Mandir,
Ahmedabad, |
|
Tel No.: |
91-79-22162529/66301529 |
|
Fax No.: |
91-79-22166730 |
DIRECTORS
As on 30.09.2011
|
Name : |
Mr. Pawankumar Trilokchand Agarwal |
|
Designation : |
Director |
|
Address : |
B-21, Akash Opposite Premchand Nagar, |
|
Date of Birth/Age : |
30.03.1963 |
|
Date of Appointment : |
06.01.2010 |
|
DIN No.: |
00015921 |
|
|
|
|
Name : |
Mrs. Rosy Pawankumar Agrawal |
|
Designation : |
Directors |
|
Address : |
B-21, Akash Tower, Opp. Premchand Nagar, Jidges Bungalow Road,
Ahmedabad – 380054, India |
|
Date of Birth/Age : |
10.07.1966 |
|
Date of Appointment : |
16.12.2010 |
|
DIN No.: |
00041611 |
|
|
|
|
Name : |
Mr. Zameer Pawankumar Agarwal |
|
Designation : |
Director |
|
Address : |
B-21, Akash Opposite Premchand Nagar, |
|
Date of Birth/Age : |
05.11.1986 |
|
Date of Appointment : |
06.01.2010 |
|
DIN No.: |
01409425 |
|
|
|
|
Name : |
Mr. Mohit Premchand Gupta |
|
Designation : |
Director |
|
Address : |
42, Whispering Pine, |
|
Date of Birth/Age : |
13.09.1965 |
|
Date of Appointment : |
22.04.2010 |
|
DIN No.: |
03031586 |
|
|
|
|
Name : |
Mr. Guarang Atmaram Patel |
|
Designation : |
Additional Director |
|
Address : |
B-2, Sayona Park, Plat Harasidhnagar, Indraprastha Society, Sarkari Vasant,
Avadh Memnagar, Ahmedabad-380054, Gujarat, India |
|
Date of Birth/Age : |
12.07.1963 |
|
Date of Appointment : |
13.08.2010 |
|
DIN No.: |
03089311 |
|
|
|
|
Name : |
Mr. Prakash Karsanbhai Patel |
|
Designation : |
Additional Director |
|
Address : |
11, Devdarshan Society, B/H, New Mahakali Temple, Kalka Road,
Palan-382465, Gujarat, India |
|
Date of Birth/Age : |
12.01.1975 |
|
Date of Appointment : |
13.08.2010 |
|
Din No.: |
03098121 |
KEY EXECUTIVES
|
Name : |
Mr. Sharma |
|
Designation : |
Accountant |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Pawankumar Trilokchand Agarwal |
|
8579000 |
|
Gopalka Motor Investo Private Limited |
|
2800000 |
|
Zameer Pawankumar Agarwal |
|
1301000 |
|
Rosy Pawankumar Agarwal |
|
120000 |
|
TOTAL |
|
12800000 |
As on 16.02.2012
|
Names of Shareholders |
|
No. of Shares |
|
Pushpdani Comotrade Private Limited, |
|
2400000 |
|
Gopalka Motor Investo Private Limited, |
|
3000000 |
|
Roselab Limited, |
|
1400000 |
|
TOTAL |
|
6800000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2011
|
Category |
Percentage |
|
Bodies corporate |
78.13 |
|
Directors or relatives of Directors |
21.87 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Pre-Filled Syringes. |
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|
|
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Terms : |
|
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Selling : |
Cash and Credit |
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|
|
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
No. of Employees : |
60 (Approximately) |
|||||||||
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|||||||||
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Bankers : |
·
State Bank of ·
Bank of ·
Bank of |
|||||||||
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|
|||||||||
|
Facilities : |
Footnotes (A) Bank of Baroda TL : Rs.108.052 millions Add: Bank of
India TL : Rs.46.836 millions Add: State Bank Of India : 122.023 millions
Add: Bank of Baroda - FDOD : Rs.0.658 millions Add: State Bank of Bank of |
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Sunil Poddar and Company Chartered Accountants |
|
Address : |
301-305, Vrajbhumi Complex, Near Prarthana Flat, B/H. Ship Building,
Off C.G. Road, Navrangpura, Ahmedabad-380009, Gujarat, India |
|
Tel. No.: |
91-79-26402893/26431097 |
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Fax No.: |
91-79-26462614 |
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PAN.: |
ABEFS3044F |
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|
|
|
List of related parties
and key persons with whom transaction have taken place during the year along
with nature and volume of transactions : |
|
CAPITAL STRUCTURE
After 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
20000000 |
Equity Shares |
Rs.10/- each |
Rs.200.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
19600000 |
Equity Shares |
Rs.10/- each |
Rs.196.000
Millions |
|
|
|
|
|
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
20000000 |
Equity Shares |
Rs.10/- each |
Rs.200.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
12800000 |
Equity Shares |
Rs.10/- each |
Rs.128.000
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
128.000 |
1.780 |
|
|
2] Share Application Money |
|
74.555 |
0.000 |
|
|
3] Reserves & Surplus |
|
112.000 |
0.000 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
314.555 |
1.780 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
280.594 |
0.000 |
|
|
2] Unsecured Loans |
|
0.000 |
0.000 |
|
|
TOTAL BORROWING |
|
280.594 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
595.149 |
1.780 |
|
|
|
|
|
|
|
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APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
69.835 |
0.000 |
|
|
Capital work-in-progress |
|
476.328 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
0.000 |
0.000 |
|
|
Sundry Debtors |
|
0.000 |
0.000 |
|
|
Cash & Bank Balances |
|
3.967 |
0.108 |
|
|
Other Current Assets |
|
0.000 |
0.000 |
|
|
Loans & Advances |
|
46.790 |
1.300 |
|
Total
Current Assets |
|
50.757 |
1.408 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
1.504
|
0.255 |
|
|
Other Current Liabilities |
|
1.877 |
0.021 |
|
|
Provisions |
|
0.012 |
0.000 |
|
Total
Current Liabilities |
|
3.393 |
0.276 |
|
|
Net Current Assets |
|
47.364 |
1.132 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
1.622 |
0.648 |
|
|
|
|
|
|
|
|
TOTAL |
|
595.149 |
1.780 |
|
KEY RATIOS
|
PARTICULARS |
|
|
31.03.2011 |
31.03.2010 |
|
Debt Equity Ratio (Total Liability/Networth) |
|
|
0.90 |
0.15 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
1.07 |
5.10 |
LOCAL AGENCY FURTHER INFORMATION
DETAILS OF SUNDRY CREDITORS
|
Particulars |
31.03.2011 |
31.03.2010 |
|
|
|
|
|
Creditors due small micro enterprises |
1.094 |
0.000 |
|
Creditors due others |
0.410 |
0.255 |
|
TOTAL |
1.504 |
0.255 |
|
Check list by Info Agents |
Available in Reports ( Yes/No) |
|
Yes |
|
Yes |
|
Yes |
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Yes |
|
Yes |
|
Yes |
|
-- |
|
Yes |
|
Yes |
|
Yes |
|
No |
|
No |
|
-- |
|
No |
|
Yes |
|
Yes |
|
No |
|
No |
|
Yes |
|
No |
|
-- |
|
-- |
|
Yes |
|
No |
|
-- |
|
-- |
|
No |
|
-- |
|
-- |
|
-- |
Note:
The registered office address has been changed
from 123/1, Sadiram
Estate, Saijpur Gopalpur, Pirana Road, Piplej, Ahmedabad-382405, Gujarat, India
present address w.e.f 30.03.2011
PRESENT OPERATIONA
AND FUTURE PROSPECTUS
The company is under erection stages and the directors are continuously engaged in looking for development of business.
The Directors are hopeful to achieve better results in time to come.
FORM 8
|
This form is for |
Creation of charge |
|
Corporate identity number of the company |
U24290GJ2010PTC059109 |
|
Name of the company |
ROSELABS BIOSCIENCE PRIVATE LIMITED |
|
Address of the registered office or of the
principal place of business in |
123/1, Sadiram Estate, Saijpur Gopalpur, |
|
Type of charge |
Movable Property (not being pledge) |
|
Particular of charge holder |
State Bank of |
|
Email |
|
|
Nature of description of the instrument
creating or modifying the charge |
Joint deed of hypothecation (consortium
term loan) dated 26th October, 2010 for term loan of Rs. 900.000 millions. |
|
Date of instrument Creating the charge |
26.10.2010 |
|
Amount secured by the charge |
Rs.900.000 Millions |
|
Brief particulars of the principal terms
an conditions and extent and operation of the charge |
Rate of Interest SBI :
5% above base , BOB & BOI : 4% above base rate Terms of Repayment repaid in 24 quarterly installments Margin SBI, BOB, BOI - 36.34% Extent and Operation of the charge Pari-passu charge with term lenders Others Pledge of 30% shares of the company |
|
Short particulars of the property charged |
All That Piece or Parcel Of Non Agricultural All That Piece And Parcels Of Property Bearing Office No. 301 Admeasuring 9928 Sq. Ft. In Trhe Scheme Known As "Kataria Arcade" Constructed On Non Agriculture Land Bearing Survey No. 211/1, 211/3, 206, 196/1+2-A, 212/2, 195/2, 212/1 Of Final Plot No. 12, 13, 14, 15, 16, 17 & 18 Of Town Planing Scheme No. 84/B Of Mouje Markba, Ahmedabad -4(Paldi) Belong To Roselabs Bioscience Private Limited. All That Piece And Parcels Of Property Bearing Flat No. F-22 On The 2nd Floor Admeasuring About 325 Sq. Mtrs. Along with Undivided Share In The Land Admeasuring About 34sq. Mtrs In The Scheme Known As Akash Apartment Situated Lying And Being At Revenue Survey No. 337/1+2+3 Paiki9, Vide F.P. No. 221 Of T.P. Scheme No.1/B Of Mouje Bodakdev, Daskroi, Ahmedabad Belong To Akash Co-Operative Housing Society Limited. |
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.50.03 |
|
|
1 |
Rs.79.32 |
|
Euro |
1 |
Rs.66.02 |
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.