|
Report Date : |
22.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
MAPLE ORGTECH ( |
|
|
|
|
Registered
Office : |
147, Block G, New Alipore, Kolkata-700 053, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
25.10.1996 |
|
|
|
|
Com. Reg. No.: |
21-135656 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.0.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U02001WB1996PLC135656 |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company. |
|
|
|
|
Line of Business
: |
Manufacturing and Exporting different Varient of EM 1 (Effective
Microorganisms) such as Hariyali,
Pashuamrut, Aquamagic, etc. |
|
|
|
|
No. of
Employees: |
100 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 70140 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. 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 dealing 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 – April 1, 2010
|
Country Name |
Previous Rating (31.12.2009) |
Current Rating (01.04.2010) |
|
|
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. Das |
|
Designation : |
Manager |
|
Contact No.: |
91-9051498600 |
|
Date : |
22.07.2010 |
LOCATIONS
|
Registered Office : |
147, Block G, New Alipore, Kolkata-700 053, West |
|
Tel. No.: |
91-33-24783356 |
|
Mobile No.: |
91-9051498600 (Mr. Samit Kumar) |
|
Fax No.: |
91-33-24783649 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head Office : |
Unit House, P-40, Block B, New Alipore, Kolkata-700 053, West |
|
Tel. No.: |
91-33-24783512/24783630/24783354/24581743 |
|
Fax No.: |
91-33-24581743/24076679/24581043 |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Viji Aravamudhan Iyengar |
|
Designation : |
Director |
|
Address : |
AA-17, Sector I, |
|
Date of Birth/Age : |
10.08.1938 |
|
Date of Appointment : |
18.07.2008 |
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 |
L27109WB1928PLC006190 |
BESCO LTD. |
Director |
29/03/1993 |
29/03/1993 |
- |
Active |
NO |
|
2 |
U85195WB1990SGC049515 |
GLUCONATE HEALTH LTD |
Director |
27/03/2001 |
27/03/2001 |
19/07/2007 |
Active |
NO |
|
3 |
U02001WB1996PLC135656 |
MAPLE ORGTECH (INDIA)
LIMITED |
Additional director |
18/07/2008 |
10/10/2001 |
- |
Active |
NO |
|
4 |
U85195WB1961SGC025168 |
ELECTRO MEDICAL &
ALLIED INDUSTRIES LTD |
Director |
29/05/2002 |
29/05/2002 |
15/03/2010 |
Active |
NO |
|
5 |
U25199WB1976PLC030532 |
TEGA INDUSTRIES LIMITED |
Director |
06/06/2002 |
06/06/2002 |
- |
Active |
NO |
|
6 |
L51909WB1947PLC014515 |
JARDINE HENDERSON LIMITED |
Director |
25/07/2002 |
25/07/2002 |
- |
Active |
NO |
|
7 |
L51109WB1938PLC009490 |
ALBERT DAVID LTD |
Director |
31/10/2002 |
31/10/2002 |
- |
Active |
NO |
|
8 |
L65993WB1992PLC056788 |
MARUDHAR FOOD & CREDIT
LTD |
Director |
29/05/2005 |
29/05/2005 |
- |
Active |
NO |
|
9 |
U74899DL1988PLC035848 |
MM AQUA TECHNOLOGIES LTD |
Director |
28/04/2006 |
28/04/2006 |
- |
Not Available for eFiling |
NO |
|
10 |
U00899HR1988PLC035848 |
MM AQUA TECHNOLOGIES
LIMITED |
Director |
28/06/2006 |
28/06/2006 |
- |
Active |
NO |
|
11 |
L67190WB1983PLC035658 |
VCK CAPITAL MARKET
SERVICES LTD. |
Director |
17/09/2008 |
31/07/2008 |
- |
Active |
NO |
|
12 |
U93000MH2011PTC218782 |
Jugaad Ventures Private
Limited |
Director |
17/06/2011 |
17/06/2011 |
- |
Active |
NO |
|
13 |
U25111WB2010PLC152592 |
TEGA INDUSTRIES (SEZ)
LIMITED |
Additional director |
20/12/2011 |
20/12/2011 |
- |
Active |
NO |
|
14 |
U25192WB1991PLC052259 |
HOSCH EQUIPMENT (INDIA)
LTD |
Additional director |
21/12/2011 |
21/12/2011 |
- |
Active |
NO |
|
15 |
U25190WB2012PLC172591 |
TRU-TRAC ROLLERS (INDIA)
LIMITED |
Director |
19/01/2012 |
19/01/2012 |
- |
Active |
NO |
|
Name : |
Mr. Upatissa Ravindranath Sangakkara |
|
Designation : |
Director |
|
Address : |
Faculty of Agriculture Univercity, Peradeniya, -20400, |
|
Date of Birth/Age : |
14.02.1951 |
|
Date of Appointment : |
03.04.2004 |
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 |
U02001WB1996PLC135656 |
MAPLE ORGTECH (INDIA)
LIMITED |
Director |
03/04/2004 |
03/04/2004 |
- |
Active |
NO |
|
Name : |
Mr. Nillayi Raman Ramachandran |
|
Designation : |
Director |
|
Address : |
504, Parnasree Pally, Behala, Kolkata-700 060, West |
|
Date of Birth/Age : |
02.08.1940 |
|
Date of Appointment : |
15.03.2005 |
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 |
U02001WB1996PLC135656 |
MAPLE ORGTECH (INDIA)
LIMITED |
Director |
15/03/2005 |
15/03/2005 |
- |
Active |
NO |
|
2 |
L65993WB1992PLC056788 |
MARUDHAR FOOD & CREDIT
LTD |
Director |
29/10/2005 |
29/10/2005 |
- |
Active |
NO |
|
Name : |
Mr. Madan Mohan Mohanka |
|
Designation : |
Director |
|
Address : |
146, Block G, New Alipore, Kolkata-700 053, West |
|
Date of Birth/Age : |
13.08.1943 |
|
Date of Appointment : |
10.10.2001 |
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 |
U25199WB1976PLC030532 |
TEGA INDUSTRIES LIMITED |
Managing director |
01/06/2008 |
15/05/1976 |
- |
Active |
NO |
|
2 |
U74899DL1988PLC035848 |
MM AQUA TECHNOLOGIES LTD |
Director |
02/11/1988 |
02/11/1988 |
- |
Not Available for eFiling |
NO |
|
3 |
U00899HR1988PLC035848 |
MM AQUA TECHNOLOGIES
LIMITED |
Managing director |
02/11/1988 |
02/11/1988 |
- |
Active |
NO |
|
4 |
U29191DL1990PLC042369 |
MM AQUA TECHNOLOGIES
LIMITED |
Managing director |
12/12/1990 |
12/12/1990 |
- |
Dormant |
NO |
|
5 |
U25192WB1991PLC052259 |
HOSCH EQUIPMENT (INDIA)
LTD |
Director |
10/07/1991 |
10/07/1991 |
- |
Active |
NO |
|
6 |
U26999WB1995PTC068552 |
HIGH VALUE EQUIPMENT
PRIVATE LIMITED |
Whole-time director |
21/02/1995 |
21/02/1995 |
- |
Amalgamated |
NO |
|
7 |
U02001WB1996PLC135656 |
MAPLE ORGTECH (INDIA)
LIMITED |
Director |
10/10/2001 |
10/10/2001 |
- |
Active |
NO |
|
8 |
L65993WB1992PLC056788 |
MARUDHAR FOOD & CREDIT
LTD |
Whole-time director |
26/05/2005 |
26/05/2005 |
- |
Active |
NO |
|
9 |
U29306WB2007PLC112823 |
MM-NERIFILL (INDIA)
LIMITED |
Director |
27/01/2007 |
27/01/2007 |
- |
Active |
NO |
|
10 |
U67120WB1996PTC079527 |
NIHAL FISCAL SERVICES PVT
LTD |
Director |
01/02/2007 |
01/02/2007 |
- |
Active |
NO |
|
11 |
U74910WB2007PTC114282 |
TRAFALGAR CONSULTING
INTERNATIONAL COMPANY PRIVATE LIMITED |
Director |
20/03/2007 |
20/03/2007 |
- |
Active |
NO |
|
12 |
U45206HR2008PTC038556 |
MM ROSEWOOD BUILDINFRA
PRIVATE LIMITED |
Director |
28/11/2008 |
28/11/2008 |
- |
Active |
NO |
|
13 |
U05004HR2008PTC038600 |
MM AQUA FILL PRIVATE
LIMITED |
Director |
11/12/2008 |
11/12/2008 |
- |
Active |
NO |
|
14 |
U25111WB2010PLC152592 |
TEGA INDUSTRIES (SEZ)
LIMITED |
Director |
26/08/2010 |
26/08/2010 |
- |
Active |
NO |
|
15 |
U25190WB2012PLC172591 |
TRU-TRAC ROLLERS (INDIA)
LIMITED |
Director |
19/01/2012 |
19/01/2012 |
- |
Active |
NO |
|
Name : |
Mr. Mehul Mohanka |
|
Designation : |
Director |
|
Address : |
146, Block –G, New Alipore, Kolkata-700 053, West |
|
Date of Birth/Age : |
03.02.1975 |
|
Date of Appointment : |
16.05.2008 |
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 |
U00899HR1988PLC035848 |
MM AQUA TECHNOLOGIES
LIMITED |
Director |
22/06/1994 |
22/06/1994 |
- |
Active |
NO |
|
2 |
U25199WB1976PLC030532 |
TEGA INDUSTRIES LIMITED |
Whole-time director |
01/06/2008 |
06/06/2002 |
- |
Active |
NO |
|
3 |
U25192WB1991PLC052259 |
HOSCH EQUIPMENT (INDIA)
LTD |
Whole-time director |
15/10/2004 |
15/10/2004 |
21/12/2011 |
Active |
NO |
|
4 |
L65993WB1992PLC056788 |
MARUDHAR FOOD & CREDIT
LTD |
Whole-time director |
26/05/2005 |
26/05/2005 |
- |
Active |
NO |
|
5 |
U67120WB1996PTC079527 |
NIHAL FISCAL SERVICES PVT
LTD |
Director |
01/02/2007 |
01/02/2007 |
- |
Active |
NO |
|
6 |
U74910WB2007PTC114282 |
TRAFALGAR CONSULTING
INTERNATIONAL COMPANY PRIVATE LIMITED |
Director |
20/03/2007 |
20/03/2007 |
- |
Active |
NO |
|
7 |
U02001WB1996PLC135656 |
MAPLE ORGTECH (INDIA)
LIMITED |
Director |
29/09/2008 |
16/05/2008 |
- |
Active |
NO |
|
8 |
U45206HR2008PTC038556 |
MM ROSEWOOD BUILDINFRA
PRIVATE LIMITED |
Director |
28/11/2008 |
28/11/2008 |
- |
Active |
NO |
|
9 |
U05004HR2008PTC038600 |
MM AQUA FILL PRIVATE
LIMITED |
Director |
11/12/2008 |
11/12/2008 |
- |
Active |
NO |
|
10 |
U25111WB2010PLC152592 |
TEGA INDUSTRIES (SEZ)
LIMITED |
Director |
26/08/2010 |
26/08/2010 |
- |
Active |
NO |
|
11 |
U25190WB2012PLC172591 |
TRU-TRAC ROLLERS (INDIA)
LIMITED |
Director |
19/01/2012 |
19/01/2012 |
- |
Active |
NO |
|
Name : |
Mr. Manju Mohanka |
|
Designation : |
Director |
|
Address : |
146, Block –G, New Alipore, Kolkata-700 053, West Bengal, India |
|
Date of Birth/Age : |
03.02.1975 |
|
Date of Appointment : |
16.05.2008 |
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 |
U27203WB1975PLC029939 |
T P W ENGINEERING LTD |
Director |
20/11/2002 |
20/11/2002 |
- |
Active |
NO |
|
2 |
U26999WB1995PTC068552 |
HIGH VALUE EQUIPMENT
PRIVATE LIMITED |
Director |
20/11/2002 |
20/11/2002 |
- |
Amalgamated |
NO |
|
3 |
U29306WB2007PLC112823 |
MM-NERIFILL (INDIA)
LIMITED |
Director |
27/01/2007 |
27/01/2007 |
- |
Active |
NO |
|
4 |
U25199WB1976PLC030532 |
TEGA INDUSTRIES LIMITED |
Director |
30/09/2010 |
30/10/2009 |
- |
Active |
NO |
|
5 |
U02001WB1996PLC135656 |
MAPLE ORGTECH (INDIA)
LIMITED |
Director |
30/09/2010 |
30/11/2009 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Mehul Mohanka |
|
20 |
|
Mehul Mohanka (HUF) |
|
10 |
|
Madan Mohan Mohanka (HUF) |
|
10 |
|
Nihal Fiscal Services Private Limited |
|
4460 |
|
Madan Mohan Mohanka |
|
460 |
|
Manju Mohanka |
|
20 |
|
Manish Mohanka |
|
20 |
|
Total |
|
5000 |
AS ON 30.09.2011
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Bodies
corporate |
|
89.00 |
|
Directors
or relatives of directors |
|
11.00 |
|
Total |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing and Exporting different Varient of EM 1 (Effective
Microorganisms) such as Hariyali, Pashuamrut,
Aquamagic, etc. |
||||||||
|
|
|
||||||||
|
Products : |
|
||||||||
|
|
|
||||||||
|
Exports : |
|
||||||||
|
Products : |
Hariyali, Pashuamrut, Aquamagic, etc |
||||||||
|
Countries : |
Bangladesh |
||||||||
|
|
|
||||||||
|
Terms : |
|
||||||||
|
Selling : |
L/C, Cash, Credit (30 days) |
||||||||
|
|
|
||||||||
|
Purchasing : |
Cash, Credit (30 days) |
GENERAL INFORMATION
|
No. of
Employees: |
100 (Approximately) |
|||||||||||||||||||||
|
|
|
|||||||||||||||||||||
|
Bankers : |
Syndicate Bank, |
|||||||||||||||||||||
|
|
|
|||||||||||||||||||||
|
Facilities: |
|
|
|
|
|
Banking
Relations : |
- |
|
|
|
|
Auditors : |
|
|
Name : |
Goenka Suresh and Associates Chartered Accountants |
|
Address : |
Chitrakoot Building #6, 2nd Floor, 230A, A J C Bose Road,
Kolkata-700 020, West Bengal, India |
|
Tel. No.: |
91-33-22893625/3626/30520921 |
|
E-Mail : |
|
|
|
|
|
Holding Company: |
Nihal Fiscal Services Private Limited |
|
|
|
|
Fellow Subsidiaries: |
|
|
|
|
|
Associated Enterprise : |
Madan and Manju Mohanka Foundation |
|
|
|
|
Associates: |
|
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000 |
Equity Share |
Rs.100/- each |
Rs.0.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000 |
Equity Share |
Rs.100/- each |
Rs.0.500 Million |
|
|
|
|
|
NOTE:
Out of the above 4460 shares are held by the holding company, namely,
Nihal Fiscal Services private Limited
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 |
0.500 |
0.500 |
0.500 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
17.035 |
14.687 |
11.264 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
17.535 |
15.187 |
11.764 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
1.479 |
0.501 |
0.000 |
|
|
2] Unsecured Loans |
0.541 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
2.020 |
0.501 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
19.555 |
15.688 |
11.764 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
4.714 |
4.781 |
5.030 |
|
|
Capital work-in-progress |
0.000 |
0.035 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
2.450 |
5.381 |
4.752 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.476 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
2.388
|
1.983 |
0.454
|
|
|
Sundry Debtors |
1.085
|
0.260 |
0.975
|
|
|
Cash & Bank Balances |
13.438
|
5.195 |
1.634
|
|
|
Other Current Assets |
0.000
|
0.000 |
0.000
|
|
|
Loans & Advances |
1.980
|
2.067 |
0.605
|
|
Total
Current Assets |
18.891
|
9.505 |
3.668 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
5.419
|
2.963 |
1.426
|
|
|
Other Current Liabilities |
1.169
|
0.882 |
0.477
|
|
|
Provisions |
0.523
|
0.392 |
0.260
|
|
Total
Current Liabilities |
7.111
|
4.237 |
2.163
|
|
|
Net Current Assets |
11.780
|
5.268 |
1.505
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.611 |
0.223 |
0.001 |
|
|
|
|
|
|
|
|
TOTAL |
19.555 |
15.688 |
11.764 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
35.101 |
22.355 |
18.381 |
|
|
|
Other Income |
1.396 |
4.605 |
1.112 |
|
|
|
TOTAL (A) |
36.497 |
26.960 |
19.493 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Raw Material Consumed |
3.186 |
1.408 |
0.954 |
|
|
|
Cost of Traded Goods Sold |
0.068 |
0.022 |
0.002 |
|
|
|
Manufacturing Expense |
0.914 |
0.734 |
0.352 |
|
|
|
Administrative Expense |
21.398 |
15.178 |
8.962 |
|
|
|
Selling and distribution Expense |
7.309 |
6.089 |
5.082 |
|
|
|
Provision for diminution in value of investments |
0.000 |
0.000 |
1.809 |
|
|
|
(Increase)/ Decrease in Stock |
(0.358) |
(1.014) |
0.139 |
|
|
|
TOTAL (B) |
32.517 |
22.417 |
17.300 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
3.980 |
4.543 |
2.193 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.245 |
0.050 |
0.042 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
3.735 |
4.493 |
2.151 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.538 |
0.517 |
0.482 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
3.197 |
3.976 |
1.669 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
0.849 |
0.553 |
1.291 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
2.348 |
3.423 |
0.378 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
14.687 |
11.264 |
10.886 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
17.035 |
14.687 |
11.264 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
469.62 |
684.59 |
75.61 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
6.43
|
12.69 |
1.94
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
9.10
|
17.78 |
9.08
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
13.54
|
27.83 |
19.19
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.18
|
0.26 |
0.14
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.67
|
0.31 |
0.18
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.65
|
2.24 |
16.96
|
LOCAL AGENCY FURTHER INFORMATION
NOTE:
The registered office address of the company has
been shifted from 35 Gandhi Road, Dehradun, Uttaranchal – 248001, Uttar
Pradesh, India to present address w.e.f. 01.04.2009
FIXED ASSETS:
·
Land Development
·
·
·
Plant and Machinery
·
Furniture and Fittings
·
Office Equipments
·
Computer and Accessories
·
Motor Car
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.50.59 |
|
|
1 |
Rs.80.34 |
|
Euro |
1 |
Rs.67.13 |
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 |
5 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
46 |
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 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.