|
Report Date : |
28.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
ETERNITY EQUIPMENTS PRIVATE LIMITED |
|
|
|
|
|
|
Registered
Office : |
30/1574, 3rd Floor, Naiwala, Karol Bagh, |
|
|
|
|
|
|
Country : |
|
|
|
|
|
|
|
Date of
Incorporation : |
07.10.2011 |
|
|
|
|
|
|
Com. Reg. No.: |
225941 |
|
|
|
|
|
|
CIN No.: [Company Identification
No.] |
U29292DL2011PTC225941 |
|
|
|
|
|
|
Paid up Capital
: |
Rs.0.100 Million |
|
|
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
|
|
Line of Business
: |
Manufacture of PP Non Woven Bag Machine. |
|
|
|
|
|
|
No. of Employees : |
30 (Approximately) |
|
|
|
|
|
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an new company and yet to complete its one full year of
operation. Business is active. Payments are unknown The company can be considered for business dealings on a safe and
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) |
|
|
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.Max XU |
|
Designation : |
Director |
|
Contact No.: |
91-9999906717 |
|
Date : |
24.03.2012 |
LOCATIONS
|
Registered Office : |
30/1574, 3rd Floor, Naiwala, Karol Bagh, |
|
E-Mail : |
|
|
Tel No: |
Not Available |
|
Mobile No: |
91-9999906717 [Mr.Max XU] |
|
Location: |
Owned |
|
|
|
|
Factory : |
Plot no.48, HSIIDC Industrial Estate, Kundil, Sonipat, Haryana |
DIRECTORS
|
Name : |
Mr. Max XU |
|
Designation : |
Director |
|
Email: |
|
|
|
|
|
Name : |
Mr. Yuanbo WU |
|
Designation : |
Director |
|
Address : |
92, Xiangshuiqiao Group, Luoping Village, Chuntao County, Yingtan
City, Jiangxi Provincce Yingtan City - 325200
|
|
Date of Birth/Age : |
22.01.1969 |
|
DIN Number: |
03634989 |
|
|
|
|
Name : |
Mr. Jing XU |
|
Designation : |
Director |
|
Address : |
|
|
Date of Birth/Age : |
16.11.1982 |
|
DIN Number: |
03634986 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 4.10.2011 )
|
Names of Shareholders |
|
No. of Shares |
|
Mr. Jing Xu |
|
5000 |
|
Mr. Yuanbo Wu |
|
5000 |
|
Total |
|
10000 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of PP Non Woven
Bag Machine |
|
|
|
|
Terms : |
|
|
Selling : |
Cash/Credit (30-60 Days) |
|
|
|
|
Purchasing : |
Cash /Credit (30-60 Days) |
GENERAL INFORMATION
|
Customers : |
OEM ‘s and Industries |
|
|
|
|
No. of Employees : |
30 (Approximately) |
|
|
|
|
Bankers : |
HDFC Bank, Karol Bagh Bajar |
|
|
|
|
Auditors : |
|
|
Name : |
Taim and Smim Chartered Accountant |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Share |
Rs.10/- each |
Rs.0.100 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Share |
Rs.10/- each |
Rs.0.100
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW COMPANY
(Activity Started in February-2012)
Expected Sales (2012-2013) : Rs.
100 Millions
The above information has been parted by Mr. Max XU (Director)
LOCAL AGENCY FURTHER INFORMATION
|
Available
in Report [Yes/No] |
|
|
Year
of Establishment |
Yes |
|
Locality
of the Firm |
Yes |
|
Construction
of the firm |
Yes |
|
Premises
details |
Yes |
|
Type
of Business |
Yes |
|
Line
of Business |
Yes |
|
Promoters
background |
- |
|
No.
of Employees |
Yes |
|
Name
of Person Contacted |
Yes |
|
Designation
of contact person |
Yes |
|
Turnover
of firm for last three years |
- |
|
Profitability
for last three years |
- |
|
Reasons
for variation <> 20% |
- |
|
Estimation
for coming financial year |
Yes |
|
Capital
the business |
No |
|
Details
of sister concerns |
- |
|
Major
Suppliers |
No |
|
Major
Customers |
No |
|
Payment
Terms |
Yes |
|
Export
/ Import Details [If Applicable] |
- |
|
Market
Information |
- |
|
Litigations
that the firm / promoter involved in |
- |
|
Banking
Details |
Yes |
|
Banking
Facility Details |
- |
|
Conduct
of the banking account |
- |
|
Buyer
visit details |
- |
|
Financials,
if provided |
No |
|
Incorporation
details, if applicable |
- |
|
Last
accounts filed at ROC |
- |
|
Major
Shareholders, if applicable |
- |
Note:
Registered office of the company has been shifted from 1/369, IIIrd
Floor, Joshi Road, Karol Bagh, New Delhi, Delhi 110005 to the present address
w.e.f. 20.12.2011
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 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.81.27 |
|
Euro |
1 |
Rs.68.00 |
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.