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Report Date : |
09.03.2012 |
IDENTIFICATION DETAILS
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Name : |
GRT SHIPMANAGEMENT PRIVATE LIMITED |
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Registered
Office : |
103/105, Modi Street, Anand Mension, 2nd Floor, Fort, Mumbai-400001,
Maharashtra |
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Country : |
India |
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Date of
Incorporation : |
11.12.1998 |
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Com. Reg. No.: |
11-117442 |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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CIN No.: [Company Identification No.] |
U63090MH1998PTC117442 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Providing Logistics Services. |
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No. of Employees
: |
65 [Approximately] |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Dormant |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
As per government the status of the company is shown as dormant. The
management of the company has not filed its financial with the government
departments after the year 2006. Payments are unknown. However, as claimed by
the management the company is very much active. Initially, the company can be considered for business dealings on a
safe and secured trade term 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. Ramlal Omprakash Gupta |
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Designation : |
Managing Director |
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Contact No.: |
91-9821227352 |
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Date : |
05.03.2012 |
LOCATIONS
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Registered Office : |
103/105, Modi Street, Anand Mension, 2nd Floor, Fort,
Mumbai-400001, Maharashtra, India |
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Tel. No.: |
91-22-66104800 |
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Mobile No.: |
91-9821227352 [Mr. Ramlal Omprakash Gupta] |
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Fax No.: |
91-22-22049502 |
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E-Mail : |
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Location : |
Rented |
DIRECTORS
As on 28.09.2006
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Name : |
Mr. Ramlal Omprakash Gupta |
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Designation : |
Managing Director |
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Address : |
601, Uttam Niwas, TPS III, 14th Road, Bandra,
Mumbai-400050, Maharashtra, India |
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Date of Birth/Age : |
30.03.1971 |
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Date of Appointment : |
15.12.1998 |
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Name : |
Mr. Kunji Navin Dhansukh |
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Designation : |
Director |
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Address : |
Green Star Building, Ground Floor, Rizvi Complex, Bandra (West),
Mumbai-400050, Maharashtra, India |
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Date of Birth/Age : |
31.05.1969 |
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Date of Appointment : |
15.12.1998 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 28.09.2006
|
Names of Shareholders |
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No. of Shares |
|
Ramlal Omprakash Gupta |
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1100 |
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Lalita Omprakash Gupta |
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500 |
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Supriya Nimchand De |
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200 |
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Tnya Omprakash Gupta |
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200 |
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Total |
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2000 |
As on 28.09.2006
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Equity Share Breakup |
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Percentage of Holding |
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Category |
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Directors
or relatives of directors |
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90.00 |
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Other
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|
10.00 |
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Total |
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100.00 |
BUSINESS DETAILS
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Line of Business : |
Providing Logistics Services. |
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
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Customers : |
Others ·
Alcobex Metals Limited ·
Alfa Cargo Express Private Limited ·
Balmer Lawri and Company Limited ·
BDP India Private Limited ·
HK Shipping ·
Little and Company ·
R. Noormohhammed ·
Three Rose Services ·
Titan Sea and Air ·
Trader Shipping Private Limited |
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No. of Employees : |
65 [Approximately] |
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Bankers : |
·
New
India Co-operative Bank Limited, Muruna (East) Branch, Mumbai-400081,
Maharashtra, India ·
HSBC Bank, Mumbai, Maharashtra, India ·
HDFC Bank, Mumbai, Maharashtra, India |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Suza Rasm and Associates Chartered Accountants |
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Address : |
Mumbai, Maharashtra, India |
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Associates/Subsidiaries : |
·
TNL Logistics Private Limited ·
Vital Logistics Private Limited |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000 |
Equity Shares |
Rs.100/- each |
Rs.0.500 Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
2000 |
Equity Shares |
Rs.100/- each |
Rs.0.200
Million |
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT DIVULGED
LOCAL AGENCY FURTHER INFORMATION
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Check List by
Info Agents |
Available in
Report (Yes / No) |
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1) Year of Establishment |
Yes |
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2) Locality of the firm |
Yes |
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3) Constitutions of the firm |
Yes |
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4) Premises details |
Yes |
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5) Type of Business |
Yes |
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6) Line of Business |
Yes |
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7) Promoter’s background |
-- |
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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 |
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12) Profitability for last three years |
No |
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13) Reasons for variation <> 20% |
No |
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14) Estimation for coming financial year |
No |
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15) Capital in the business |
No |
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16) Details of sister concerns |
Yes |
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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 |
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21) Market information |
-- |
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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 |
-- |
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29) Last accounts filed at ROC |
-- |
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30) Major Shareholders, if available |
-- |
BANKERS CHARGES
REPORT AS PER REGISTRY
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Name of the
company |
GRT SHIPMANAGEMENT PRIVATE LIMITED |
|
Presented By |
New India Co-operative Bank Limited,
Mulund (East) Branch, Mumbai-400081, Maharashtra, India |
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1) Date and description of instrument creating the change |
Deed of
hypothecation dated 28.02.2004 |
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2) Amount secured by the charge/amount owing on the securities of charge |
Rs.1.875 Millions
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3) Short particular of the property charged. If the property acquired is subject to charge, date of the acquired of the property should be given |
All that furniture,
fixtures and interior work of the borrower |
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4) Gist of the terms and conditions and extent and operation of the charge. |
To secure due
repayment of term loan facility granted by the bank to the borrower 1.
Repayment
by way of 84 monthly installments of Rs.0.034 million each, commencing from
28th March, 2004. 2.
Rate
of interest 12.5% p.a. 3.
Margin
25% |
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5) Name and Address and description of the person entitled to the charge. |
New India
Co-operative Bank Limited, Muruna (East) Branch, Mumbai-400081, Maharashtra,
India |
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6) Date and brief description of instrument modifying the charge |
Nil |
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7) Particulars of modifications specifying the terms and conditions or the extent of operations of the charge in which modification is made and the details of the modification. |
Nil |
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.50.57 |
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|
1 |
Rs.79.57 |
|
Euro |
1 |
Rs.66.50 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
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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.