|
Report Date : |
24.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
INTERCONTINENTAL INFRASTRUCTURE LIMITED |
|
|
|
|
Registered
Office : |
1267-A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra Pradesh |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
17.04.2003 |
|
|
|
|
Com. Reg. No.: |
01-040845 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 71.442 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45200AP2003PLC040845 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
HYDI00781E |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability |
|
|
|
|
Line of Business
: |
Contract Works and Consultancy |
|
|
|
|
No. of Employees
: |
Not Available |
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 3100000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. There
appears some dip in the profitability of the company. However, net worth appears
to be satisfactory. 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) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
LOCATIONS
|
Registered Office : |
1267-A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra Pradesh,
India |
|
Tel. No.: |
91-40-23556469 |
|
Fax No.: |
91-40-23542954 |
|
E-Mail : |
DIRECTORS
AS ON 20.09.2011
|
Name : |
Mr. Laxmi Rajam Narsaiah Chilappagari |
|
Designation : |
Whole Time Director |
|
Address : |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
|
Date of Birth/Age : |
04.03.1951 |
|
Date of Appointment : |
17.04.2003 |
|
DIN No.: |
00029156 |
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 |
U45200AP2003PLC040845 |
INTERCONTINENTAL
INFRASTRUCTURE LIMITED |
Director |
01-10-11 |
17-04-03 |
- |
Active |
NO |
|
2 |
U70100MH2004PTC147452 |
VIDARBH
HOMES PRIVATE LIMITED |
Director |
13-07-04 |
13-07-04 |
- |
Active |
NO |
|
3 |
U45200AP2006PTC049709 |
SRIVENKATA
SAI LAKSHMI BUILDERS PRIVATE LIMITED |
Director |
04-04-06 |
04-04-06 |
- |
Active |
NO |
|
4 |
U45309WB2006PLC108996 |
WEST
BENGAL SEW PRASAD INFRASTRUCTURE LIMITED |
Managing
director |
31-12-11 |
19-04-06 |
- |
Active |
NO |
|
5 |
U45201MH2006PTC165540 |
VIDARBH
INFRASTRUCTURE PRIVATE LIMITED |
Director |
14-11-06 |
14-11-06 |
- |
Active |
NO |
|
6 |
U45200AP1983PLC003796 |
SEW
INFRASTRUCTURE LIMITED |
Director |
29-03-07 |
29-03-07 |
30-01-09 |
Active |
NO |
|
7 |
U45400AP2007PTC055443 |
INTERCONTINENTAL
REALTY PRIVATE LIMITED |
Director |
07-09-07 |
07-09-07 |
05-03-10 |
Active |
NO |
|
8 |
U45200AP2007PTC056842 |
INTERCONTINENTAL
PROPERTIES PRIVATE LIMITED |
Director |
26-12-07 |
26-12-07 |
08-03-10 |
Active |
NO |
|
9 |
U45200AP2007PTC056841 |
INTERCONTINENTAL
HOMES PRIVATE LIMITED |
Director |
26-12-07 |
26-12-07 |
08-03-10 |
Active |
NO |
|
10 |
U45400MH2008PTC177391 |
DARMSTADTIUM
REALTY PRIVATE LIMITED |
Director |
05-01-08 |
05-01-08 |
- |
Strike
off |
NO |
|
11 |
U45400MH2008PTC177390 |
DARMSTADTIUM
HOMES PRIVATE LIMITED |
Director |
05-01-08 |
05-01-08 |
- |
Strike
off |
NO |
|
12 |
U41000AP2008PTC058577 |
BUSHNAK
PALLAVA WATER SERVICES (VIZAG) PRIVATE LIMITED |
Director |
08-04-08 |
08-04-08 |
- |
Active |
NO |
|
13 |
U22200AP2008PTC061579 |
INTERCONTINENTAL
PUBLICATIONS PRIVATE LIMITED |
Director |
27-10-08 |
27-10-08 |
- |
Active |
NO |
|
14 |
U40102DL2006PTC150487 |
TT
ENERGY PRIVATE LIMITED |
Nominee
director |
27-11-08 |
27-11-08 |
- |
Active |
NO |
|
15 |
U45201AP1997PLC028680 |
GVPR
ENGINEERS LIMITED |
Director |
30-09-09 |
18-02-09 |
12-11-11 |
Active |
NO |
|
16 |
U66010AP2003PLC041084 |
NEW
ERA INSURANCE BROKING SERVICES LIMITED |
Director |
29-09-09 |
03-03-09 |
30-04-11 |
Active |
NO |
|
17 |
U72900DL2003PTC119047 |
DANS
ENERGY PRIVATE LIMITED |
Nominee
director |
23-11-09 |
23-11-09 |
- |
Active |
NO |
|
18 |
U92130AP2010PTC068487 |
INTERCONTINENTAL
MEDIA NETWORK PRIVATE LIMITED |
Director |
19-05-10 |
19-05-10 |
- |
Active |
NO |
|
19 |
U22219AP2010PTC070457 |
TELANGANA
PUBLICATIONS PRIVATE LIMITED |
Managing
director |
06-10-11 |
16-09-10 |
- |
Active |
NO |
|
20 |
U23203AP2010PLC070842 |
SEW
CARBONS LIMITED |
Director |
28-09-11 |
18-10-10 |
01-11-11 |
Active |
NO |
|
21 |
U13203AP2011PLC075319 |
SEW
MINERALS LIMITED |
Director |
01-07-11 |
01-07-11 |
01-11-11 |
Active |
NO |
|
Name : |
Ms. Vijaya Rajam Chilappagari |
|
Designation : |
Managing Director |
|
Address : |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
|
Date of Birth/Age : |
11.09.1956 |
|
Date of Appointment : |
17.04.2003 |
|
DIN No.: |
00097167 |
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 |
U24239AP2002PTC038842 |
INDIGENE
PHARMACEUTICALS PRIVATE LIMITED |
Director |
24-04-02 |
24-04-02 |
09-11-11 |
Active |
NO |
|
2 |
U45200AP2003PLC040845 |
INTERCONTINENTAL
INFRASTRUCTURE LIMITED |
Managing
director |
14-05-10 |
17-04-03 |
- |
Active |
NO |
|
3 |
U70102AP2003PTC041829 |
SRI
VIJAYAKANTI REAL ESTATES AND DEVELOPERS PRIVATE LIMITED |
Director |
09-10-03 |
09-10-03 |
- |
Active |
NO |
|
4 |
U70100MH2004PTC147452 |
VIDARBH
HOMES PRIVATE LIMITED |
Director |
13-07-04 |
13-07-04 |
- |
Active |
NO |
|
5 |
U45100AP2005PTC048325 |
CHILAPPA
REAL ESTATES PRIVATE LIMITED |
Director |
15-05-10 |
07-12-05 |
- |
Active |
NO |
|
6 |
U60200AP2007PTC056843 |
SRI
VIJAYAKANTI SEAMLESS LOGISTICS PRIVATE LIMITED |
Director |
26-12-07 |
26-12-07 |
- |
Under
Process of Striking off |
NO |
|
7 |
U22200AP2008PTC061579 |
INTERCONTINENTAL
PUBLICATIONS PRIVATE LIMITED |
Director |
27-10-08 |
27-10-08 |
- |
Active |
NO |
|
8 |
U92130AP2010PTC068487 |
INTERCONTINENTAL
MEDIA NETWORK PRIVATE LIMITED |
Director |
19-05-10 |
19-05-10 |
- |
Active |
NO |
|
9 |
U22219AP2010PTC070457 |
TELANGANA
PUBLICATIONS PRIVATE LIMITED |
Director |
16-09-10 |
16-09-10 |
- |
Active |
NO |
|
10 |
U45200AP2007PTC056842 |
INTERCONTINENTAL
PROPERTIES PRIVATE LIMITED |
Director |
08-09-11 |
01-06-11 |
- |
Active |
NO |
|
Name : |
Mr. Srikanth Rajam Chilappagari |
|
Designation : |
Director |
|
Address : |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
|
Date of Birth/Age : |
21.06.1981 |
|
Date of Appointment : |
06.10.2004 |
|
DIN No.: |
00029200 |
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 |
U45200AP2003PLC040845 |
INTERCONTINENTAL
INFRASTRUCTURE LIMITED |
Director |
30-09-09 |
06-10-04 |
- |
Active |
NO |
|
2 |
U45200AP2006PTC049709 |
SRIVENKATA
SAI LAKSHMI BUILDERS PRIVATE LIMITED |
Director |
04-04-06 |
04-04-06 |
- |
Active |
NO |
|
3 |
U70100MH2004PTC147452 |
VIDARBH
HOMES PRIVATE LIMITED |
Director |
24-04-06 |
24-04-06 |
- |
Active |
NO |
|
4 |
U74899DL1994PTC063657 |
J P
L DEVELOPERS PRIVATE LIMITED |
Director |
29-09-07 |
01-09-06 |
- |
Active |
NO |
|
5 |
U45201MH2006PTC164648 |
SEW
VIDARBHA INFRASTRUCTURE PRIVATE LIMITED |
Director |
15-09-06 |
15-09-06 |
07-12-11 |
Active |
NO |
|
6 |
U45201MH2006PTC165540 |
VIDARBH
INFRASTRUCTURE PRIVATE LIMITED |
Director |
14-11-06 |
14-11-06 |
- |
Active |
NO |
|
7 |
U70102MH2007PTC168858 |
CSVT
HOMES PRIVATE LIMITED |
Director |
16-03-07 |
16-03-07 |
- |
Strike
off |
NO |
|
8 |
U45400AP2007PTC055443 |
INTERCONTINENTAL
REALTY PRIVATE LIMITED |
Director |
07-09-07 |
07-09-07 |
05-03-10 |
Active |
NO |
|
9 |
U45200AP2007PTC056842 |
INTERCONTINENTAL
PROPERTIES PRIVATE LIMITED |
Director |
26-12-07 |
26-12-07 |
08-03-10 |
Active |
NO |
|
10 |
U45200AP2007PTC056841 |
INTERCONTINENTAL
HOMES PRIVATE LIMITED |
Director |
26-12-07 |
26-12-07 |
08-03-10 |
Active |
NO |
|
11 |
U60200AP2007PTC056843 |
SRI
VIJAYAKANTI SEAMLESS LOGISTICS PRIVATE LIMITED |
Director |
26-12-07 |
26-12-07 |
- |
Under
Process of Striking off |
NO |
|
12 |
U45400MH2008PTC177391 |
DARMSTADTIUM
REALTY PRIVATE LIMITED |
Director |
05-01-08 |
05-01-08 |
- |
Strike
off |
NO |
|
13 |
U45400MH2008PTC177390 |
DARMSTADTIUM
HOMES PRIVATE LIMITED |
Director |
05-01-08 |
05-01-08 |
- |
Strike
off |
NO |
|
14 |
U41000AP2008PTC058577 |
BUSHNAK
PALLAVA WATER SERVICES (VIZAG) PRIVATE LIMITED |
Director |
08-04-08 |
08-04-08 |
- |
Active |
NO |
|
15 |
U74140DL2008PTC178352 |
JPL
MANAGEMENT SERVICES PRIVATE LIMITED |
Director |
19-05-08 |
19-05-08 |
- |
Active |
NO |
|
16 |
U93000AP2008PTC061110 |
DEZIGN
ELEMENTZ CONSULTANTS PRIVATE LIMITED |
Director |
18-09-08 |
18-09-08 |
04-11-11 |
Active |
NO |
|
17 |
U22200AP2008PTC061579 |
INTERCONTINENTAL
PUBLICATIONS PRIVATE LIMITED |
Director |
27-10-08 |
27-10-08 |
- |
Active |
NO |
|
18 |
U40104AP2009PLC066442 |
SEW
POWER LIMITED |
Director |
22-12-09 |
22-12-09 |
04-11-11 |
Active |
NO |
|
19 |
U22219AP2010PTC070457 |
TELANGANA
PUBLICATIONS PRIVATE LIMITED |
Additional
director |
24-02-12 |
24-02-12 |
- |
Active |
NO |
|
Name : |
Mr. Sanjeeva Rao Rajasekhar Mothe |
|
Designation : |
Director |
|
Address : |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
|
Date of Birth/Age : |
04.09.1929 |
|
Date of Appointment : |
17.04.2003 |
|
DIN No.: |
00115214 |
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 |
U24239AP2002PTC038842 |
INDIGENE
PHARMACEUTICALS PRIVATE LIMITED |
Director |
24-04-02 |
24-04-02 |
15-11-11 |
Active |
NO |
|
2 |
U45200AP2003PLC040845 |
INTERCONTINENTAL
INFRASTRUCTURE LIMITED |
Director |
17-04-03 |
17-04-03 |
- |
Active |
NO |
|
3 |
U24232AP2011PTC075247 |
INDIGENE
BIOPHARMACEUTICALS (INDIA) PRIVATE LIMITED |
Additional
director |
29-06-11 |
29-06-11 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 20.09.2011
|
Names of
Shareholders |
Address |
No. of Shares |
|
Vijaya Rajam Chilappagari |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
1414800 |
|
Srikanth Rajam Chilappagari |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
2106400 |
|
Laxmi Rajam Narasaiah Chilappagari |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
3274000 |
|
Yalamanchili M. G. Nageswara Gangadhara Rao |
417/A, Road No. 18, Jubilee Hills, Hyderabad-500038, Andhra Pradesh,
India |
6000 |
|
Sagi Prasada Ramakrishnan Raju |
276/3RT, S. R. Nagar, Hyderabad-500038, Andhra Pradesh, India |
6000 |
|
Sanjeeva Rao Rajasekhar Rao |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
24400 |
|
Anasuya Sanjeeva Rao Mothe |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
24800 |
|
Divakar Madhusudhana Rao Atluri |
8-3-318/11/16, Jai Prakash Nagar, Yellareddyguda, Hyderabad-500038,
Andhra Pradesh, India |
6000 |
|
Vijaya Lakshmi G. Krishna Murthy Gattu |
Plot No.10, H No.8-3-189/10, Siddartha Nagar, Vengal Rao Nagar, Hyderabad-500032,
Andhra Pradesh, India |
6000 |
|
Suresh Dhanush Prasad Sharma |
C/4/69, Behind SDA Market, New Delhi-10016, India |
2000 |
|
Sarvan Kumar Rewa Prasad Sahu |
C/4/69, Behind SDA Market, New Delhi-10016, India |
2000 |
|
G Naganna Purushotham |
H. No.10-64, Matham Street, Manthani (Post), Karimnagar (District),
India |
4000 |
|
Uma D. Sripad Rao Dahagam |
H. No. 8-76, Penjeru Katta, Manthani Post), Karimnagar (District),
India |
4000 |
|
Rithwik Projects Private Limited |
91/B, Sagar Society, Road No.3, Banjara Hills, Hyderabad-500034,
Andhra Pradesh, India |
86200 |
|
Shiva Shankar Minarals Limited |
101, Siva Sai Sannidi, Plot No.03, Hindi Nagar, Panjagutta,
Hyderabad-500074, Andhra Pradesh, India |
20700 |
|
Sri Sai Lakshmi Construction Private Limited |
205, Kasaniram Towers, Near Sarathi Studies, Yellareddygupta,
Hyderabad-500072, Andhra Pradesh, India |
20700 |
|
Venkataramna Rao Surya Prakasa Rao Arimilli (NRO and NRI) |
501, Jyothi Splender, 111, Srinagar Colony, Hyderabad-500073, Andhra
Pradesh, India |
32800 |
|
Sew Infrastructure Limited |
6-3-871, Snehalatha, Sreen Lands Road, Begumpet, Hyderabad-500016,
Andhra Pradesh, India |
103400 |
|
|
Total |
7144200 |
AS ON 09.04.2003
|
Names of
Shareholders |
Address |
No. of Shares |
|
Vijaya Rajam Chilappagari |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
33999 |
|
Srikanth Rajam Chilappagari |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
33999 |
|
Laxmi Rajam Narasaiah Chilappagari |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
30699 |
|
Yalamanchili M. G. Nageswara Gangadhara Rao |
417/A, Road No. 18, Jubilee Hills, Hyderabad-500038, Andhra Pradesh,
India |
99 |
|
Sagi Prasada Ramakrishnan Raju |
276/3RT, S. R. Nagar, Hyderabad-500038, Andhra Pradesh, India |
99 |
|
Sanjeeva Rao Rajasekhar Rao |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
447 |
|
Anasuya Sanjeeva Rao Mothe |
Plot No. 1267/A, Road No.63 A, Jubilee Hills, Hyderabad-500033, Andhra
Pradesh, India |
360 |
|
Divakar Madhusudhana Rao Atluri |
8-3-318/11/16, Jai Prakash Nagar, Yellareddyguda, Hyderabad-500038,
Andhra Pradesh, India |
99 |
|
Vijaya Lakshmi G. Krishna Murthy Gattu |
Plot No.10, H No.8-3-189/10, Siddartha Nagar, Vengal Rao Nagar,
Hyderabad-500032, Andhra Pradesh, India |
99 |
|
|
Total |
99900 |
AS ON 20.09.2011
|
Equity Shares
Break Up |
Percentage |
|
Foreign holdings( Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s), Non-resident
Indian(s) or Overseas Corporate bodies or Others |
0.28 |
|
Bodies corporate |
3.23 |
|
Directors or relatives of Directors |
96.49 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Contract Works and Consultancy |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
Not Available |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
N. Madhu Sai Sankaram Chartered Accountant |
|
Address : |
101, doyen chambers, 8-3-319/11, Yellareddyguda, Hyderabad-500073,
Andhra Pradesh, India |
|
Tel. No.: |
91-40-23732535 |
|
Telefax No.: |
91-40-23752535 |
|
Email : |
|
|
Pan No.: |
AAUPN9006D |
|
|
|
|
Enterprises which are owned, or have significant
influence of or are partners with Key management personnel and their
relatives : |
·
Intercontinental Publications Private Limited ·
Intercontinental Media Network Private Limited ·
Bushnak Pallava Water Services(Vizag) Private
Limited ·
Vidarbh Homes Private Limited ·
Vidarbh Infrastructure Private Limited ·
West Bengal Sew Prasad Infrastructure Limited ·
Telangana Publications Private Limited ·
Intercontinental Sukrie-Sew(JV) |
CAPITAL STRUCTURE
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 |
|
|
|
|
|
|
7144200 |
Equity Shares |
Rs.10/- each |
Rs. 71.442
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 |
71.442 |
71.442 |
71.097 |
|
|
2] Share Application Money |
144.060 |
0.000 |
25.000 |
|
|
3] Reserves & Surplus |
568.753 |
554.883 |
446.246 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
784.255 |
626.325 |
542.343 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
3.479 |
32.466 |
5.943 |
|
|
2] Unsecured Loans |
20.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
23.479 |
32.466 |
5.943 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
807.734 |
658.791 |
548.286 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
19.555 |
22.153 |
24.000 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
469.277 |
361.785 |
318.605 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
107.924
|
106.836 |
89.761 |
|
|
Sundry Debtors |
9.974
|
119.080 |
0.190 |
|
|
Cash & Bank Balances |
6.401
|
83.458 |
30.403 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
837.990
|
224.893 |
169.538 |
|
Total
Current Assets |
962.289
|
534.267 |
289.892 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
18.784
|
134.848 |
0.000 |
|
|
Other Current Liabilities |
573.484
|
216.299 |
9.776 |
|
|
Provisions |
51.119
|
43.115 |
75.163 |
|
Total
Current Liabilities |
643.387
|
259.414 |
84.939 |
|
|
Net Current Assets |
318.902
|
274.853 |
204.953 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.728 |
|
|
|
|
|
|
|
|
TOTAL |
807.734 |
658.791 |
548.286 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
134.530 |
284.975 |
65.000 |
|
|
|
Other Income |
0.983 |
38.575 |
0.000 |
|
|
|
Consultancy Charges |
0.000 |
0.000 |
23.458 |
|
|
|
Sale of Land |
0.000 |
0.000 |
46.604 |
|
|
|
Profit on Sale of Shares |
0.000 |
0.000 |
3.662 |
|
|
|
Interest Received |
0.000 |
0.000 |
1.427 |
|
|
|
Miscellaneous Income |
0.000 |
0.000 |
1.546 |
|
|
|
Closing Work In Progress |
0.000 |
0.000 |
5.950 |
|
|
|
TOTAL (A) |
135.513 |
323.550 |
147.647 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Consumption Materials Changes Inventories |
0.188 |
0.961 |
0.000 |
|
|
|
Opening Working in Progress |
0.000 |
0.000 |
10.769 |
|
|
|
Sub-Contract Expenses |
0.000 |
0.000 |
54.741 |
|
|
|
Services tax and cess on contract works |
0.000 |
0.000 |
2.476 |
|
|
|
Contract cost |
93.054 |
199.078 |
0.000 |
|
|
|
Land Development Expenses |
0.000 |
0.000 |
6.127 |
|
|
|
Administrative Expenses |
14.755 |
27.682 |
13.180 |
|
|
|
Research development expenditure |
0.155 |
0.000 |
0.000 |
|
|
|
Preliminary Expenses Written Off |
0.000 |
0.000 |
0.234 |
|
|
|
TOTAL (B) |
108.152 |
227.721 |
87.527 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
27.361 |
95.829 |
60.120 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
1.530 |
6.796 |
5.742 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
25.831 |
89.033 |
54.378 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
4.135 |
4.919 |
4.973 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
21.696 |
84.114 |
49.405 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
7.826 |
25.155 |
18.659 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
13.870 |
58.959 |
30.745 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
168.675 |
NA |
NA |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
182.545 |
168.675 |
NA
|
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
0.19 |
8.25 |
4.32 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
10.24
|
18.22 |
20.82 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
16.13
|
29.52 |
76.01 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.21
|
15.12 |
15.74 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.03
|
0.13 |
0.09 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.85
|
0.47 |
0.17 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.50
|
2.06 |
3.41 |
LOCAL AGENCY FURTHER INFORMATION
REVIEW OF OPERATIONS:
During the year,
the Company has achieved a Gross Income of Rs.140.314 Millions (Previous year
Gross Income of Rs.328.538 Millions) and after providing for financial charges
and depreciation has resulted in a net profit after tax of Rs.13.870 Millions
(Previous year net profit after tax of Rs.58.959 Millions). The plots
development activity at Bothali village, Nagpur is under progress. During the
year the company registered plots in favour of the purchasers to an extent of
480.14 Sq. Mtrs (previous year 1385.54 Sq. Mtrs).
FIXED ASSETS
·
Land
·
Office Equipments
·
Computers
·
Vehicles
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 |
5 |
|
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 |
|
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.