|
Report Date : |
26.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
ANANT CREATION PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
I-145B, First Floor, Gali No.11, Laxmi Nagar Extension, New Delhi –
110092, Delhi |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
21.08.2007 |
|
|
|
|
Com. Reg. No.: |
55-167250 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.1.530 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U17120DL2007PTC167250 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELA20860A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAGCA4982L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader of Garment
Accessories |
|
|
|
|
No. of Employees
: |
30 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 34496 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a successor of KDS Exports, a partnership concern started
in the year 1999. It is an established company having moderate track.
Profitability of the company appears to be low. However, trade relations are
reported as fair. Business is active. Payments are reported to be slow but
correct. The company can be considered for business dealings with some
cautions. Profit and Loss A/c not available. |
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 PARTED BY
|
Name : |
Mr. Dinesh |
|
Designation : |
Accounts Department |
|
Contact No.: |
91-11-22040552 |
|
Date : |
07.03.2012 |
LOCATIONS
|
Registered Office : |
I-145B, First Floor, Gali No.11, Laxmi Nagar Extension, New Delhi –
110092, Delhi, India |
|
Tel. No.: |
91-11-22040552 |
|
Fax No.: |
91-11-22021768 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Ms. Payal Gupta |
|
Designation : |
Director |
|
Address : |
10A/15, Shakti Nagar, Malka Ganj Roop Nagar, Delhi – 110007, Delhi,
India |
|
Date of Appointment : |
21.08.2007 |
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 |
U45200DL2006PTC153439 |
LMG REALTORS PVT.LTD. |
Director |
09/09/2006 |
09/09/2006 |
- |
Active |
NO |
|
2 |
U17120DL2007PTC167250 |
ANANT CREATION PRIVATE
LIMITED |
Director |
21/08/2007 |
21/08/2007 |
- |
Active |
NO |
|
3 |
U70109DL2006PTC150962 |
AROMATIC BUILDCON PRIVATE
LIMITED |
Director |
05/01/2009 |
05/01/2009 |
- |
Active |
NO |
|
Name : |
Ms. Ruchi Gupta |
|
Designation : |
Director |
|
Address : |
A-31, Block A CC Colony, Malka Ganj Model Town, Delhi – 110007, Delhi,
India |
|
Date of Appointment : |
21.08.2007 |
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 |
U70109DL2006PTC150741 |
ANK ESTATES PRIVATE
LIMITED. |
Director |
09/07/2006 |
09/07/2006 |
- |
Active |
NO |
|
2 |
U17120DL2007PTC167250 |
ANANT CREATION PRIVATE
LIMITED |
Director |
21/08/2007 |
21/08/2007 |
- |
Active |
NO |
|
3 |
U70109DL2006PTC150962 |
AROMATIC BUILDCON PRIVATE
LIMITED |
Director |
05/01/2009 |
05/01/2009 |
- |
Active |
NO |
|
Name : |
Mr. Sudhanshu Gupta |
|
Designation : |
Director |
|
Address : |
A-31, Block A CC Colony, Malka Ganj Model Town, Delhi – 110007, Delhi,
India |
|
Date of Appointment : |
30.03.2010 |
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 |
U74899DL2005PTC141287 |
SLG DEVELOPER AND PROMOTOR
PRIVATE LIMITED |
Director |
29/09/2005 |
29/09/2005 |
- |
Active |
NO |
|
2 |
U70109DL2006PTC150741 |
ANK ESTATES PRIVATE
LIMITED. |
Director |
09/07/2006 |
09/07/2006 |
- |
Active |
NO |
|
3 |
U17120DL2007PTC167250 |
ANANT CREATION PRIVATE
LIMITED |
Director |
30/03/2010 |
30/03/2010 |
- |
Active |
NO |
|
Name : |
Mr. Himanshu Gupta |
|
Designation : |
Director |
|
Address : |
I-145, Laxmi Nagar Extension, Delhi – 110092, Delhi, India |
|
Date of Appointment : |
30.03.2010 |
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 |
U74899DL2005PTC141287 |
SLG DEVELOPER AND PROMOTOR
PRIVATE LIMITED |
Director |
29/09/2005 |
29/09/2005 |
- |
Active |
NO |
|
2 |
U45200DL2006PTC153439 |
LMG REALTORS PVT.LTD. |
Director |
09/09/2006 |
09/09/2006 |
- |
Active |
NO |
|
3 |
U17120DL2007PTC167250 |
ANANT CREATION PRIVATE
LIMITED |
Director |
30/03/2010 |
30/03/2010 |
- |
Active |
NO |
|
4 |
U45200DL2010PTC204930 |
LAKSHAY ARCHCON PRIVATE
LIMITED |
Director |
29/06/2010 |
29/06/2010 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Dinesh |
|
Designation : |
Accounts Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Ruchi Gupta |
|
25500 |
|
Payal Gupta |
|
75500 |
|
Dinesh Garg |
|
5000 |
|
Aromatic Buildcon Private Limited, Delhi |
|
20000 |
|
Himanshu Gupta |
|
14111 |
|
Sudhanshu Gupta |
|
12889 |
|
Total |
|
153000 |
AS ON 30.09.2011
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Garment
Accessories |
|
|
|
|
Exports : |
|
|
Products : |
Garment
Accessories |
|
Countries : |
Italy |
|
|
|
|
Terms : |
|
|
Selling : |
Cash, Credit |
|
|
|
|
Purchasing : |
Cash, Credit |
GENERAL INFORMATION
|
Customers : |
·
Wholesalers ·
Retailers ·
End Users |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
30 (Approximately) |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
· Indian Overseas Bank, Nithari Branch, B-5,Sector-31, Noida - 201301, Uttar Pradesh, India ·
IDBI Bank |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
--- |
|
|
|
|
Auditors : |
|
|
Name : |
Ved and Associates Chartered Accountant |
|
Address : |
205, Jagdamba Tower, Commercial Complex, Preet Vihar, Delhi – 110092,
Delhi, India |
|
|
|
|
Associates/Subsidiaries : |
Aromatic Buildcon Private Limited |
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
200000 |
Equity Shares |
Rs.10/- each |
Rs.2.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
153000 |
Equity Shares |
Rs.10/- each |
Rs.1.530
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 |
1.530 |
1.200 |
1.000 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
7.094 |
3.738 |
1.313 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
8.624 |
4.938 |
2.313 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
7.444 |
4.196 |
5.327 |
|
|
2] Unsecured Loans |
0.500 |
2.485 |
1.925 |
|
|
TOTAL BORROWING |
7.944 |
6.681 |
7.252 |
|
|
DEFERRED TAX LIABILITIES |
0.101 |
0.052 |
0.088 |
|
|
|
|
|
|
|
|
TOTAL |
16.669 |
11.671 |
9.653 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
5.068 |
1.216 |
1.409 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
6.678
|
3.560 |
2.677 |
|
|
Sundry Debtors |
4.990
|
10.538 |
4.548 |
|
|
Cash & Bank Balances |
0.422
|
0.070 |
0.025 |
|
|
Other Current Assets |
0.371
|
0.000 |
0.000 |
|
|
Loans & Advances |
4.134
|
4.740 |
5.286 |
|
Total
Current Assets |
16.595
|
18.908 |
12.536 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
4.298
|
7.890 |
3.784 |
|
|
Other Current Liabilities |
0.395
|
0.303 |
0.327 |
|
|
Provisions |
0.320
|
0.290 |
0.225 |
|
Total
Current Liabilities |
5.013
|
8.483 |
4.336 |
|
|
Net Current Assets |
11.582
|
10.425 |
8.200 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.018 |
0.030 |
0.023 |
|
|
|
|
|
|
|
|
TOTAL |
16.669 |
11.671 |
9.632 |
|
|
Particulars |
|
31.03.2011 |
31.03.2010 |
|
Sales Turnover (Approximately) |
|
49.100 |
30.000 |
Expected Sales (2011-2012) : Rs.60.000 Millions
The above information has been parted by Mr. Dinesh (Accounts
Department)
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
NA
|
NA |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
NA |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
NA |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
NA |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.50
|
3.07 |
5.01 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.31
|
2.23 |
2.89 |
LOCAL AGENCY FURTHER INFORMATION
NOTE:
The company was established in 1999 as partnership
concern by name KDS Exports and in 2007 it is a Private Limited Company.
|
Check List by
Info Agents |
Available in
Report (Yes / No) |
|
1) Year of Establishment |
Yes |
|
2) Locality of the firm |
Yes |
|
3) Constitutions of the firm |
Yes |
|
4) Premises details |
Yes |
|
5) Type of Business |
Yes |
|
6) Line of Business |
Yes |
|
7) Promoter's background |
-- |
|
8) No. of employees |
Yes |
|
9) Name of person contacted |
Yes |
|
10) Designation of contact person |
Yes |
|
11) Turnover of firm for last three years |
Yes |
|
12) Profitability for last three years |
No |
|
13) Reasons for variation <> 20% |
-- |
|
14) Estimation for coming financial year |
Yes |
|
15) Capital in the business |
Yes |
|
16) Details of sister concerns |
Yes |
|
17) Major suppliers |
No |
|
18) Major customers |
No |
|
19) Payments terms |
Yes |
|
20) Export / Import details (if
applicable) |
Yes |
|
21) Market information |
-- |
|
22) Litigations that the firm / promoter involved
in |
-- |
|
23) Banking Details |
Yes |
|
24) Banking facility details |
-- |
|
25) Conduct of the banking account |
-- |
|
26) Buyer visit details |
-- |
|
27) Financials, if provided |
No |
|
28) Incorporation details, if applicable |
-- |
|
29) Last accounts filed at ROC |
-- |
|
30) Major Shareholders, if available |
-- |
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.50.90 |
|
|
1 |
Rs.80.77 |
|
Euro |
1 |
Rs.67.40 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
27 |
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.