MIRA INFORM REPORT

 

 

 

Report Date :

13.03.2012

 

IDENTIFICATION DETAILS

 

Name :

SRI SHIVANI EDUCATIONAL SOCIETY

 

 

Registered Office :

Mulug Road, Near Doctor’s Colony, Dist: Warangal – 506007, Andhra Pradesh

 

 

Country :

India

 

 

Year of Establishment :

Not Divulged

 

 

Capital Investment / Paid-up Capital :

Not Divulged

 

 

Legal Form :

Co-educational institution

 

 

Line of Business :

Providing Educational Services

 

 

No. of Employees :

Not Divulged

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established educational society providing educational services. The management denied to disclose any information about the subject. Therefore, the report is based on indirect sources of information. Trade relations are reported as fair. Payments are unknown.

 

Initially, subject can be considered for business with some caution.

 

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 DECLINED BY

 

Name :

Ms. Geeta

Designation :

Accounts Executive.

Date :

03.03.2012

 

 

LOCATIONS

 

Registered Office :

Mulug Road, Near Doctor’s Colony, Dist: Warangal – 506007, Andhra Pradesh, India

Tel. No.:

91- 870-3296485 /2433700 /2433800

Fax No.:

91- 870-2565181

E-Mail :

sscpwgl@gmail.com

Website :

http://www.sscpwgl.com

 

MANAGEMENT AND MEMBERS

 

Name :

Mr. V.Venkateshwar Rao

Designation :

President

Qualification :

B.Com, L.L.B., Advocate

 

 

Name :

Mr. V.Shankar Rao

Designation :

Secretary/Correspondent

Qualification :

B.E (Mech. Eng.)

 

 

Name :

Mrs. V.Shyamala Devi

Designation :

Joint Secretary

Qualification :

B.Com, L.L.B.

 

 

Name :

Mr. V.Rama Devi

Designation :

Treasurer

Qualification :

M. A., B.Ed.

 

 

Name :

Dr. V. Sirish Kumar

Designation :

Member of the Board

Qualification :

M. D., Doctor

 

 

Name :

Sri.V. Shravan Kumar

Designation :

Member of the Board

Qualification :

B. Tech., M.B.A

 

 

Name :

Sri.V.Sai Charan Raj

Designation :

Member of the Board

Qualification :

B. Tech

 

 

BUSINESS DETAILS

 

Line of Business :

Providing Educational Services

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Divulged

 

 

Bankers :

Not Divulged

 

 

Facilities :

--

 

 

 

Banking Relations :

--

 

 

Associates/Subsidiaries :

Not Divulged

 

 

CAPITAL STRUCTURE

 

NOT DIVULGED

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

 

NOT DIVULGED

 

Note : Sole Proprietory and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry.

 

 

LOCAL AGENCY FURTHER INFORMATION

 

PROFILE:

 

Sri Shivani College of Pharmacy, their potential to see beyond the obvious has not only established us as a emerging leader in the field of pharmaceutical sciences, research and development in the State of Andhra Pradesh, India, but has also positioned us among the best education destinations in the Southern Region of India.

Subject is a people-oriented organization, with a primary purpose of providing the best quality education, and governs the Shivani College of Pharmacy and many other upcoming institutions in engineering, nano-sciences, bio-technology and Information Technology fields. Their vision is driven by a spirit of social awareness, sincerity in offering the best education and striving towards providing innovative solutions that serve their academic community. Their quest for excellence has made us an upcoming institution in the fields of Pharmaceutical sciences, research and academic achievement, which has enabled us to earn a respectable status in the society and a significant role-player in their community.

 

Community engagement forms an integral part of earning and teaching and is incorporated into their educational and academic programmes, projects, research efforts with particular focus on competencies that can alleviate developmental, economic, educational problems within their community.

 

By drawing from a wealth of creative and academic resources, we at Shivani College of Pharmacy, have created - and constantly striving to build - a better environment of equal opportunities and transformation of their academic initiatives.

 

MANAGEMENT TEAM:

 

Sri Shivani College of Pharmacy is a sister concern of subject, a governing organisation that has a primary intention of providing best quality education that empowers their community, students, industry, academic staff and every individual who comes in touch with their Organisation.


Their founding principles lead to offering the highest quality education and is driven by the vision, social agenda and community leadership of their Management Team members. Their board of trust formulates Professionls, Lawyers, Academic Leaders and accomplished professionals coming from various backgrounds.

 

MANAGEMENT AND MEMBERS OF THE BOARD OF TRUST

 

Academic Team:

 

Sri Shivani College of Pharmacy prides itself in building strong academic teams as hiring and keeping highly educated, accomplished, experienced team of professors, instructors, academic staff supports their principal commitment to providing the best education at their institutions.


Presently, their team of knowledgeable professors, instructors and academic staff members have excelled in their chosen careers, education and expertise and are highly respected within the industry for their contributions to the field of Pharmaceutical Sciences.

 

Sri Shivani College of Pharmacy Address:

 

No. 22-07-96/1 Site No. 45-48, Mulug Road, Near Doctor’s Colony, Dist: Warangal – 506007, Andhra Pradesh, India
Tel. No: 91 0870-3296485 /2433700 /2433800
Fax No: 91 0870-2565181.
E-Mail Id : sscpwgl@gmail.com

 

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

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.49.94

UK Pound

1

Rs.78.25

Euro

1

Rs.65.39

 


 

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

-

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.