|
Report Date : |
28.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
SAM INDIA BUILTWELL PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
435, Jagriti Enclave, Vikas Marg Extn, Delhi- 110092. |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
22.01.1998 |
|
|
|
|
Com. Reg. No.: |
55-091859 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.7.275 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U70101DL1998PTC091859 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELS24733C |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCS7627K |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
Engineers, Promoters and Developers. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
A (57) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
USD 1200000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
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|
|
|
Litigation : |
Clear |
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|
|
|
Comments : |
Subject is a well established company having good track. Financial position
of the company appears to be sound. Trade relations are reported as fair.
Business is active. Payments are reported to be regular and as per
commitments. The company can be considered good for normal business dealings at
usual trade terms and conditions. Profit and Loss Account for current year is 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 |
LOCATIONS
|
Registered Office : |
435, Jagriti Enclave, Vikas Marg Extn, Delhi- 110092. India. |
|
Tel. No.: |
91-11-22163389, 65460163 |
|
Fax No.: |
91-11-22163393 |
|
E-Mail : |
|
|
|
|
|
Website : |
DIRECTORS
(AS ON 31.03.2010)
|
Name : |
Mr. Arvind Goel |
|
Designation : |
Director |
|
Address : |
80, Kiran Vihar, Delhi - 110092, India. |
|
Date of Birth/Age : |
02.09.1970 |
|
Date of Appointment : |
22.01.1998 |
|
DIN No.: |
00935505 |
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 |
U70101DL1998PTC091859 |
SAM
INDIA BUILTWELL PRIVATE LIMITED |
Director |
22-01-98 |
22-01-98 |
- |
Active |
NO |
|
2 |
U70101DL2004PTC129713 |
MAG
ASSOCIATES PRIVATE LIMITED |
Director |
07-10-04 |
07-10-04 |
- |
Active |
NO |
|
3 |
U70109DL2006PTC153829 |
SAM
(INDIA) INFRASTRUCTURE PRIVATE LIMITED |
Director |
15-09-06 |
15-09-06 |
- |
Active |
NO |
|
4 |
U45200DL2007PTC157932 |
SPACE
INDIA REALTECH PRIVATE LIMITED |
Director |
15-01-07 |
15-01-07 |
28-04-11 |
Active |
NO |
|
5 |
U45400DL2009PTC195610 |
AMR
ASSOCIATES PRIVATE LIMITED |
Director |
30-10-09 |
30-10-09 |
- |
Active |
NO |
|
6 |
U40104DL2009PTC196901 |
SAM
(INDIA) HYDROPOWER PRIVATE LIMITED |
Director |
14-12-09 |
14-12-09 |
- |
Active |
NO |
|
7 |
U70102DL2010PTC198099 |
SAM
INDIA MAJESTIC INFRAPROJECTS PRIVATE LIMITED |
Director |
18-01-10 |
18-01-10 |
01-06-10 |
Active |
NO |
|
8 |
U74140DL2010PTC200771 |
MAGICAL
ENTERPRISES PRIVATE LIMITED |
Director |
26-03-10 |
26-03-10 |
- |
Active |
NO |
|
9 |
U36999DL1989PLC037432 |
S.C.INDUSTRIES
LIMITED |
Director |
21-05-10 |
21-05-10 |
- |
Active |
NO |
|
10 |
U45300DL2008PTC183474 |
SAM
MULTIPROJECTS PRIVATE LIMITED |
Director |
01-03-12 |
01-03-12 |
- |
Active |
NO |
|
Name : |
Mr. Madan Lal |
|
Designation : |
Director |
|
Address : |
28, Saini Enclave, Delhi – 110092, India. |
|
Date of Birth/Age : |
02.11.1962 |
|
Date of Appointment : |
22.01.1998 |
|
DIN No.: |
00331845 |
Other Directorship
|
S.No. |
CIN |
Name
of the Company |
Current
designation of the director |
Date
of appointment at current designation |
Original
date of appointment |
Company
Status |
Defaulting
status |
|
1 |
U70101DL1998PTC091859 |
SAM
INDIA BUILTWELL PRIVATE LIMITED |
Director |
22-01-98 |
22-01-98 |
Active |
NO |
|
2 |
U70101DL2004PTC129713 |
MAG
ASSOCIATES PRIVATE LIMITED |
Director |
07-10-04 |
07-10-04 |
Active |
NO |
|
3 |
U70109DL2006PTC153829 |
SAM
(INDIA) INFRASTRUCTURE PRIVATE LIMITED |
Director |
15-09-06 |
15-09-06 |
Active |
NO |
|
4 |
U45400DL2009PTC195610 |
AMR
ASSOCIATES PRIVATE LIMITED |
Director |
30-10-09 |
30-10-09 |
Active |
NO |
|
5 |
U40104DL2009PTC196901 |
SAM
(INDIA) HYDROPOWER PRIVATE LIMITED |
Director |
14-12-09 |
14-12-09 |
Active |
NO |
|
6 |
U51909DL2010PTC200798 |
SACHIN
ENTERPRISES PRIVATE LIMITED |
Director |
26-03-10 |
26-03-10 |
Active |
NO |
|
7 |
U36999DL1989PLC037432 |
S.C.INDUSTRIES.
LIMITED |
Director |
12-07-10 |
12-07-10 |
Active |
NO |
|
8 |
U45300DL2008PTC183474 |
SAM MULTIPROJECTS
PRIVATE LIMITED |
Director |
01-03-12 |
01-03-12 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 30.09.2010)
|
Names of Shareholders |
No. of Shares |
|
Arvind Goel |
193750 |
|
Madan Lal |
193750 |
|
Nutan Goel |
100000 |
|
Kamlesh Garg |
100000 |
|
Sachin Enterprises Private Limited, India. |
70000 |
|
Magical Enterprises Private Limited, India. |
70000 |
|
Total |
7,27,500 |
(AS ON 30.09.2010)
|
Equity Shares
Break Up |
Percentage |
|
Bodies corporate |
19.24 |
|
Directors or relatives of Directors |
80.76 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Engineers, Promoters and Developers. |
GENERAL INFORMATION
|
Suppliers : |
·
Abhishek Bhargava ·
Adarsh Pipe Company ·
Aggarwal Timber Private Limited ·
Aggarwalla Teak International ·
Akshay Builders ·
Alok Enterprises ·
Gaur Cement and Iron Traders ·
Heritage Marketing ·
Indo Germa Products Limited ·
J.K Lakshmi Cement Limited |
|||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||
|
Bankers : |
·
Bank of India ·
HDFC Bank ·
ICICI Bank Limited ·
Centurion Bank of Punjab Limited ·
Axis Bank Limited, 4/10, OPG House, Asaf Ali
Road, New Delhi-110002, India. ·
Central Bank of India ·
State Bank of Bikaner and Jaipur ·
Yes Bank Limited |
|||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
- |
|
|
|
|
Auditors : |
|
|
Name : |
Mangla Prem and Associates Chartered Accountant |
|
Address : |
E- 6/10 Lajapt Rai Chowk, Krisan nagar, Dehli – 110051, India. |
|
Pan No.: |
AAGPM8847H |
CAPITAL STRUCTURE
(AS ON 30.09.2010)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,00,000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7,27,500 |
Equity Shares |
Rs.10/- each |
Rs. 7.275
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
7.275 |
7.275 |
7.275 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
305.508 |
250.880 |
200.437 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
312.783 |
258.155 |
207.712 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.070 |
1.439 |
4.778 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
0.070 |
1.439 |
4.777 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
SECURITY & ADVANCES |
0.000 |
0.000 |
200.268 |
|
|
|
|
|
|
|
|
TOTAL |
312.853 |
259.594 |
412.758 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
43.352 |
45.091 |
50.105 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.350 |
0.350 |
2.650 |
|
|
DEFERREX TAX ASSETS |
0.713 |
0.579 |
0.364 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
59.515
|
78.514 |
103.606 |
|
|
Sundry Debtors |
62.743
|
19.646 |
71.314 |
|
|
Cash & Bank Balances |
7.522
|
11.505 |
8.562 |
|
|
Other Current Assets |
140.537
|
138.665 |
238.728 |
|
|
Loans & Advances |
209.553
|
159.024 |
39.419 |
|
Total
Current Assets |
479.870
|
407.354 |
461.629 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
39.043
|
63.247 |
19.705 |
|
|
Other Current Liabilities |
144.909
|
104.898 |
57.545 |
|
|
Provisions |
27.500
|
25.675 |
24.800 |
|
Total
Current Liabilities |
211.452
|
193.820 |
102.050 |
|
|
Net Current Assets |
268.418
|
213.534 |
359.579 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.020 |
0.040 |
0.060 |
|
|
|
|
|
|
|
|
TOTAL |
312.853 |
259.594 |
412.758 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Job work A/C |
|
2229.017 |
1321.063 |
|
|
|
Income |
|
7.984 |
6.312 |
|
|
|
Profit from JV |
|
2.354 |
0.460 |
|
|
|
Short & Excess |
|
0.080 |
0.000 |
|
|
|
TOTAL |
|
2239.435 |
1327.835 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost Of Goods Sold |
|
25.092 |
(50.108) |
|
|
|
Building Material A/C |
|
1742.361 |
1050.745 |
|
|
|
Labour charges A/C |
|
174.199 |
111.866 |
|
|
|
Labour wages A/C |
|
104.857 |
39.102 |
|
|
|
Building Cess A/C |
|
14.383 |
6.441 |
|
|
|
Bank Charges A/C |
|
5.746 |
10.015 |
|
|
|
Consultation Charges A/C |
|
1.676 |
1.364 |
|
|
|
Director Remuneration A/C |
|
6.360 |
3.600 |
|
|
|
Electricity Exp A/C |
|
2.079 |
0.663 |
|
|
|
Insurance A/C |
|
2.621 |
3.229 |
|
|
|
Salary A/C |
|
18.082 |
16.665 |
|
|
|
Works Contract tax A/C |
|
17.015 |
13.680 |
|
|
|
Other Expenses |
|
40.394 |
41.572 |
|
|
|
TOTAL |
|
2154.865 |
1248.834 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
84.570 |
79.001 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
8.667 |
7.702 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
|
75.903 |
71.299 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
25.459 |
24.436 |
|
|
|
|
|
|
|
|
|
|
PROFIT
AFTER TAX |
|
50.444 |
46.863 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
|
122.211 |
75.348 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
|
172.655 |
122.211 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
|
69.34 |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
NA
|
0.02 |
0.04 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
9.51 |
11.30 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
0.17 |
0.14 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
0.29 |
0.34 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.68
|
0.76 |
0.51 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.27
|
2.10 |
4.52 |
LOCAL AGENCY FURTHER INFORMATION
Registered office of the company has been shifted from 17A/56 UG – 2,
Triveni Plaza, W E A Karol Bagh, New Delhi, India to the present address w.e.f.
01.04.2008.
FORM 8
|
Corporate
identity number of the company |
U70101DL1998PTC091859 |
|
Name of the company
|
SAM INDIA
BUILTDWELL PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
435, Jagriti
Enclave, Delhi - 110092, India. |
|
This form is for |
Modification of
charge |
|
Type of charge |
Book debts Movable property
(not being pledge) |
|
Particular of
charge holder |
Axis Bank
Limited. 4/10, OPG House,
Asaf Ali Road, New Delhi – 110002, India. |
|
Nature of
instrument creating charge |
Agreement. Amendment Cum Link
Agreement. |
|
Date of
instrument Creating the charge |
15.11.2011 |
|
Amount secured by
the charge |
Rs.200.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest As per sanction letter
no. AXISB/MC-1/DEL/SS/421 Dated 06.01.2010 and AXISB/MC-1/DEL/SS/563 Dated
25.03.2010 and AXISB/MC/-1/SS/480 Dated 21.03.2010 to be amended from time to
time. Terms of repayment As per sanction
letter no. AXISB/MC-1/DEL/SS/421 Dated 06.01.2010 and AXISB/MC-1/DEL/SS/563
Dated 25.03.2010 and AXISB/MC/-1/SS/480 Dated 21.03.2010 to be amended from
time to time. Margin As per sanction
letter no. AXISB/MC-1/DEL/SS/421 Dated 06.01.2010 and AXISB/MC-1/DEL/SS/563
Dated 25.03.2010 and AXISB/MC/-1/SS/480 Dated 21.03.2010 to be amended from
time to time. Extent and operation of the charge Pari Passu First
Charge. Other The above is to
secure the following:- Cash Credit = Rs, 10.000 Millions Bank Guarantee=
Rs. 190.000 Millions One – way full interchangeability
from CC to BG facility. |
|
Short particulars
of the property charged (Including location of the property) |
Hypothecation by
way of first pari passu charge over entire present and future current assets
and fixed assets of the company (excluding those specifically financed by
other banks) stored or to be. Stored at the
company’s godowns or premises or wherever else the same may be. |
|
Charge
identification number of the charge to be modified |
10216300 |
|
Particulars of the
present modification |
Bank’s first pari
passu charge over entire present and future current assets and fixed assets
of the company (excluding those specifically financed by other banks) already
registered for Rs.400.000 Millions shall stand modified to Rs. 200.000
Millions. Further rate of interest for FB limits has also been modified from
the existing BPLR – 3.75% P.A. to 4.00% + Bank’s base rate, payable monthly. All other terms
and conditions remaining the same. |
Fixed Assets
·
Plant and Machinery
·
Office Equipment
·
Car
·
Computer
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. 67.98 |
|
Euro |
1 |
Rs. 81.27 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
7 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
57 |
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.