1. Summary Information
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Country |
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Company Name |
ADITHYA PRECISION TOOLI NGS |
Principal Name 1 |
Mr. M. Rajesh |
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Status |
New Concern |
Principal Name 2 |
-- |
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|
Registration # |
-- |
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Street Address |
84, |
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Established Date |
20.05.2011 |
SIC Code |
-- |
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Telephone# |
91-44-25559127 |
Business Style 1 |
Distributor |
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Fax # |
Not Available |
Business Style 2 |
-- |
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Homepage |
Not Available |
Product Name 1 |
Carbide Tools |
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# of employees |
3 (Approximately) |
Product Name 2 |
-- |
|
Capital Investment |
Not Divulged |
Product Name 3 |
-- |
|
Shareholders |
-- |
Banking |
Bank of |
|
Public Limited Corp. |
NO |
Business Period |
1 Year |
|
IPO |
NO |
International Ins. |
-- |
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Public |
NO |
Rating |
NB |
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Related
Company |
|||
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Relation
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Country
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Company
Name |
CEO |
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Related Parties |
-- |
Starr Tooling Solutions |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
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Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
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Assets |
Liabilities |
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Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
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Deferred Assets |
-- |
Total Liabilities |
-- |
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Invest& other Assets |
-- |
Retained Earnings |
-- |
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Net Worth |
-- |
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Total Assets |
-- |
Total Liab. & Equity |
-- |
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Total Assets (Previous Year) |
-- |
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P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
30,000,000 |
Net Profit |
-- |
|
Sales
(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
|
Report Date : |
02.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
ADITHYA PRECISION TOOLI NGS |
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Registered
Office : |
84, |
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Country : |
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Financials (as
on) : |
31.03.2012 |
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Date of
Incorporation : |
20.05.2011 |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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Tin No.: |
3361087438 |
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CST No.: |
1008231 |
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PAN No.: [Permanent Account No.] |
ADVPR9267Q |
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Legal Form : |
Sole Proprietory Concern |
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Line of Business
: |
Distributor of Carbide Tools |
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No. of Employees
: |
3 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
- |
NB |
New Business |
- |
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Status : |
New Concern |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new proprietory concern and yet to complete its one full
year of operations. Trade relations are reported as fair. Business is active.
Payments are unknown. The concern can be considered for business dealings on a secured 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) |
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A1 |
A1 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INFORMATION PARTED BY
|
Name : |
Mr. Rajesh |
|
Designation : |
Proprietor |
|
Contact No.: |
91-8939580298 |
|
Date : |
28.04.2012 |
LOCATIONS
|
Registered Office : |
84, |
|
Tel. No.: |
91-44-25559127 |
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Mobile No.: |
91-8939580298 (Mr. Rajesh) |
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Fax No.: |
Not Available |
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E-Mail : |
SOLE PROPRIETOR
|
Name : |
Mr. M. Rajesh |
|
Designation : |
Proprietor |
BUSINESS DETAILS
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Line of Business : |
Distributor of Carbide Tools |
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Agencies Held : |
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Imports : |
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Products : |
Precision Tools |
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Countries : |
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Terms : |
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Selling : |
60-90 Days |
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Purchasing : |
60-90 Days |
GENERAL INFORMATION
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No. of Employees : |
3 (Approximately) |
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Bankers : |
Bank of |
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Banking
Relations : |
-- |
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Auditors : |
Not Available |
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Sister Concern : |
Starr Tooling Solutions Address : 84, Line of
Business: Selling Carbide Tools and Holders of OSG and Nikken |
CAPITAL STRUCTURE
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Capital Investment : |
|
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Owned : |
Not Divulged |
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Borrowed : |
Not Divulged |
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Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Millions]
|
Particulars |
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|
31.03.2012 |
|
Sales Turnover (Approximately) |
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|
30.000 |
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The above information has been parted by Mr. M. Rajesh – Proprietor
Note : Sole Proprietory and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
LOCAL AGENCY FURTHER INFORMATION
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Check List by Info Agents |
Available in Report (Yes / No) |
|
1) Year of Establishment |
Yes |
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2) Locality of the firm |
Yes |
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3) Constitutions of the firm |
Yes |
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4) Premises details |
No |
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5) Type of Business |
Yes |
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6) Line of Business• |
Yes |
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7) Promoter’s background |
No |
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8) No. of employees |
Yes |
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9) Name of person contacted |
Yes |
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10) Designation of contact person |
Yes |
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11) Turnover of firm for last one years |
Yes |
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12) Profitability for last three years |
No |
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13) Reasons for variation <> 20% |
-- |
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14) Estimation for coming financial year |
No |
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15) Capital in the business |
No |
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16) Details of sister concerns |
No |
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17) Major suppliers |
No |
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18) Major customers |
No |
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19) Payments terms |
Yes |
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20) Export / Import details (if applicable) |
No |
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21) Market information |
-- |
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22) Litigations that the firm / promoter |
-- |
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23) Banking Details |
Yes |
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24) Banking facility details |
No |
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25) Conduct of the banking account |
-- |
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26) Buyer visit details |
-- |
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27) Financials, if provided |
Yes |
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28) Incorporation details, if applicable |
No |
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29) Last accounts filed at ROC |
No |
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30) Major Shareholders, if available |
No |
Trade Reference
PROFILE
ADITHYA PRECISION
TOOLINGS
This is a proprietorship firm. The proprietor is Mr. M
Rajesh. The firm was started in the year 2011. They are importers and supplier
of precision tools. They import from
3-22, Honnogahara
TOYOKAWA-SHI, ACH 442-8543
+81-53-3821111 (Phone)
+81-53-3821131 (Fax)
Niken Kosakusho manufactures CNC Rotary Table and NC
toolings products. Their products are known for their quality, reliability and
life-long performance, ensuring customers can compete and win in tough and
demanding market sectors. Nikken Kosakusho works Limited was first established%
Now, the firm is desirous of importing from:
Shinhan Diamond Industrial Company Limited a word about them
368 610-9 Namchon dong
Namdong-Gu
lnchem 405-100
Ph: 032 814 221 1, 331 1
Fax: 032 81 0 3456
Shinhan Diamond Industrial Company Limited has produced a
variety of diamond tools from products for construction and stone to those for
precision industries and for high-tech materials such as silicon wafers for semiconductor
and the flat panel display including LCD (Liquid Crystal Display) and PDP
(Plasma Display Panel) since its establishment in 1978.
These diamond tools are used when you have your house or office built or repaired or renovated, and when highways, roads, and bridges that you drive on are constructed. In all kinds of TVs in your home, and in your computers and monitors are some parts made by those diamond tools.
Believing diamond tools contribute to advanced civilization, we strive to provide futuristic products and services for advanced civilization and social development by continuously upgrading our manpower and developing new high-technology.
These tools have a good market in
Their bankers are Bank of India, Kodungaiyur Branch, Chennai 118. Their turnover is between Rs.20-30 millions a year. A small firm but holding a niche market place for specialized tools
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.52.52 |
|
|
1 |
Rs.85.49 |
|
Euro |
1 |
Rs.69.61 |
INFORMATION DETAILS
|
Report Prepared
by : |
MYI |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
>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.