MIRA INFORM REPORT

 

 

Report Date :

02.05.2012

 

IDENTIFICATION DETAILS

 

Name :

AMBER RADIO DIAGNOSTIC CENTRE

 

 

Registered Office :

43- Tagore Nagar, Ludhiana – 141001, Punjab, India

 

 

Country :

India

 

 

Year of Establishment :

November, 2011

 

 

Capital Investment / Paid-up Capital :

Not Available 

 

 

PAN No.:

[Permanent Account No.]

AJPPS6785F

 

 

Legal Form :

Sole Proprietory Concern

 

 

Line of Business :

Service Provider of Radio Diagnostic.

 

 

No. of Employees :

12 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

 

-

NB

                                       New Business

 

-

 

 

Status :

New Concern

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a new concern and yet to commence business. Infact the management is awaiting facility from the bank to start commercial activities. The valuation report provided seems to be satisfactory. No further details or payment could be made available.

 

It would be advisable to take adequate securities while dealing with the subject.

 

 

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. Gurdeep Singh

Designation :

Proprietor

Contact No.:

91-9815500152

Date :

26.04.2012

 

 

LOCATIONS

 

Registered Office :

43- Tagore Nagar, Ludhiana – 141001, Punjab, India

Tel. No.:

Not Available

Mobile No.:

91-9815500152 (Dr. Gurdeep)

91-9876711607 (Dr. Sandeep) 

Fax No.:

Not Available

E-Mail :

drgurdeep@yahoo.co.in

Location :

Owned

 

 

SOLE PROPRIETOR

 

(AS ON 31.03.2011)

 

Name :

Dr. Gurdeep Singh

Designation :

Proprietor

Address :

43, Tagore Nagar, Ludhiana – 141001, Punjab, India

Date of Birth/Age :

17.05.1969

Qualification :

M.B.B.S.

PAN No.:

AIPPS6785F

 

 

KEY EXECUTIVES

 

Name :

Dr. Sandeep Gurbachan Singh

Designation :

Key Executive

Address :

111, New Lajpat Nagar, Pakhowal Road, Ludhiana, Punjab, India

Date of Birth/Age :

27.08.1974

Qualification :

M.B.B.S. (M.D. – Radio Diagnostic (B.F.U.H.S.) 2000

PAN No.:

ACJPS5405L

 

 

BUSINESS DETAILS

 

Line of Business :

Service Provider of Radio Diagnostic.

 

 

Terms :

 

Selling :

Cash

 

 

Purchasing :

Cash

 

 

GENERAL INFORMATION

 

Customers :

End Users

 

 

No. of Employees :

 12 (Approximately)

 

 

Bankers :

·         Bank of India

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Bhakoo and Associates

Chartered Accountant

Address :

337/1A, Dr. Sham singh Road, Civil Lines, Ludhiana – 141001, Punjab, India

Tel. No.:

91-161-2413348/ 2771898

Email :

bhakooasso@gmail.com

 

 

Associates/Subsidiaries :

·         Gurdeep Singh

 

·         Advance Diagnostics

43, Tagore Nagar, Ludhiana, Punjab, India

 

·         Amber Radio-Diagnostic Services

 

 

CAPITAL STRUCTURE

 

Capital Investment :

 

Owned :

Not Available

Borrowed :

Not Available

Total :

Not Available

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

NEW CONCERN

 

Note:

Yet not started, started business activity and will start from June 2012.

 

 

Note: Sole Proprietory and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry Records.

 

 

 


 

LOCAL AGENCY FURTHER INFORMATION

 

 

Check list by info Agents

Available in Report

(Yes/ No)

 

 

Year of Establishment

Yes

Locality of the Firm

Yes

Constitution of the Firm

Yes

Premises details

No

Type of Business

Yes

Line of Business 

Yes

Promoter’s Background 

Yes

No. of Employees

Yes

Name of Person Contacted

Yes

Designation of Contact person

Yes

Turnover of Firm for last three years

No

Profitability for last three years

No

Reasons for variation <> 20%

-----

Estimation for coming financial year

No

Capital in the business

No

Details of sister concerns

Yes

Major Suppliers

No

Major Customers

No

Payments Terms

Yes

Export/ Imports Details (If applicable)

No

Market Information

-----

Litigations that the firm/ Promoters Involved in

-----

Banking details

No

Banking Facility Details

No

Conduct of the Banking Account

-----

Buyer visit details

-----

Financials, if provided

No

Incorporation details is applicable

Yes

Last Accounts filed at ROC

No

Major Shareholders, if available

No

 

------------------------------------------------------------------------------------------------------------------------------

 

AMBER RADIO DIAGNOSTIC SERVICES

 

(SISTER CONCERN)

 

PROJECT COST AND MEANS OF FINANCE

 

(RS. IN MILLIONS)

 

COST OF PROJECT

Existing

(31.03.2012)

Proposed

Total

 

 

 

 

Machinery

0.000

24.218

24.218

Other Fixed Assets

0.000

0.225

0.225

Advance for Machinery

1.500

(1.500)

0.000

Margin Money for Working Capital 

0.020

0.185

0.205

 

 

 

 

Total

 

1.520

23.128

24.648

 

 

 

 

MEANS OF FINANCING 

 

 

 

 

 

 

 

Proprietors Capital

1.520

5.128

6.648

Term Loan

0.000

18.000

18.000

 

 

 

 

Total

1.520

23.128

24.648

 

 

 

 

Debt Equity Ratio

 

 

 

Debt

Equity

 

 

Bank Term Loan

18.000

Partners Capital

6.648

 

 

 

 

Total

18.000

 

6.648

 

 

 

 

Debt Equity Ratio

2.70

 

 

 

 

------------------------------------------------------------------------------------------------------------------------------

 

ASSESSMENT OF WORKING CAPITAL REQUIREMENT

 

OPERATING STATEMENT

 

(RS. IN MILLIONS)

 

Particulars

31.03.2013

 

31.03.2014

31.03.2015

31.03.2016

31.03.2017

 

(Estimated)

(Projected)

 

 

 

 

 

 

Gross Sales

14.850

21.780

21.780

21.780

23.760

Total

14.850

21.780

21.780

21.780

23.760

 

 

 

 

 

 

Less: Excise Duty

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Net Sales

14.850

21.780

21.780

21.780

23.760

 

 

 

 

 

 

% age rise (+) or Fall (-) in Net Sales as compared to previous year 

100.00%

46.67%

0.00%

0.00%

9.09%

 

 

 

 

 

 

COST OF SALES

 

 

 

 

 

 

 

 

 

 

 

Raw Material

(Including Stored and Other items used in the process of Manufacture)

 

 

 

 

 

Imported

--

--

--

--

--

Indigenous

1.080

1.584

1.584

1.728

1.728

 

 

 

 

 

 

Stores and Spares

--

--

--

--

--

Power and Fuel

0.720

0.756

0.794

0.833

0.875

Direct Labour

(Factory Wages and Salary)

1.620

2.268

2.381

2.500

2.625

Other Manufacturing

Expenses

0.000

1.800

1.900

2.000

2.100

Depreciation

3.666

3.117

2.649

2.252

1.914

 

 

 

 

 

 

Sub Total

7.086

9.525

9.308

9.313

9.242

 

 

 

 

 

 

Add: Opening Stock in Process 

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Sub Total

7.086

9.525

9.308

9.313

9.242

 

 

 

 

 

 

Deduct : Closing Stock in Process

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Cost of Production

7.086

9.525

9.308

9.313

9.242

 

 

 

 

 

 

Add : Opening Stock of Finished Goods

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Sub Total

7.086

9.525

9.308

9.313

9.242

 

 

 

 

 

 

Less: Closing Stock of Finished Goods

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Sub Total (Total Cost of Sales)

7.086

9.525

9.308

9.313

9.242

 

 

 

 

 

 

Selling, General and Administrative  Expenses

0.870

1.003

1.085

1.181

1.277

 

 

 

 

 

 

Sub total

7.956

10.528

10.393

10.494

10.519

 

 

 

 

 

 

Operating Profit before Interests 

6.894

11.252

11.357

11.286

13.241

 

 

 

 

 

 

Interests

0.000

2.553

2.211

1.723

1.238

 

 

 

 

 

 

Operating Profit After Interests 

6.894

8.699

9.176

9.563

12.003

 

 

 

 

 

 

Profit before Taxes

6.894

8.699

9.176

9.563

12.003

 

 

 

 

 

 

Less: Tax Provision

1.562

1.971

2.079

2.167

2.720

 

 

 

 

 

 

Net Profit After Tax

5.332

6.728

7.097

7.396

9.283

 

 

 

 

 

 

Equity Dividend Paid 

2.000

2.000

2.000

2.000

2.000

 

 

 

 

 

 

Retained Profit

3.332

4.728

5.097

5.396

7.283

 

 

 

 

 

 

Retained Profit/ Net profit (% age) 

62.49

70.27

71.82

72.96

78.45

 

 

------------------------------------------------------------------------------------------------------------------------------

 

ANALYSIS OF BALANCE SHEET

 

(RS. IN MILLIONS)

 

 

Particulars

31.03.2013

 

31.03.2014

31.03.2015

31.03.2016

31.03.2017

 

(Estimated)

(Projected)

 

 

 

CURRENT LIABILITIES

 

 

 

 

 

Short – Term borrowings from banks [including bill purchased, discounted and excess borrowings placed on repayment basis]

 

 

 

 

 

From applicant Banks

0.000

0.000

0.000

0.000

0.000

From Other Banks

0.000

0.000

0.000

0.000

0.000

Of which BP and BD

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Sub Total (A)

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Short Term Borrowings from others

0.000

0.000

0.000

0.000

0.000

Sundry creditors [Trade]

0.000

0.000

0.000

0.000

0.000

Sundry creditors [Expenses]

0.000

0.000

0.000

0.000

0.000

Advance payments from customers/ deposits from dealers

0.000

0.000

0.000

0.000

0.000

Provision of taxes

0.000

0.000

0.000

0.000

0.000

Dividend Payable

0.000

0.000

0.000

0.000

0.000

Other Statutory Liabilities

(Due within one year)

0.000

0.000

0.000

0.000

0.000

Deposits/ Installments of Term/ loans/DPGs/Debentures etc.

(Due within one year)

1.500

3.300

3.300

3.300

3.300

Other current liabilities and provision 

(Due within one year)

0.100

0.100

0.100

0.100

0.100

 

 

 

 

 

 

Sub – Total (B)

1.600

3.400

3.400

3.400

3.400

 

 

 

 

 

 

Total Current Liabilities

1.600

3.400

3.400

3.400

3.400

 

 

 

 

 

 

TERM LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

Debentures (Not Maturing within one year)

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Unsecured Loans from Directors

(Redeemable after one year)

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Term Loans

(Excluding Installment)

16.500

13.200

9.900

6.600

3.300

 

 

 

 

 

 

Deferred Installment

(Due within one year)

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Term deposit

(repayable one year

0.000

0.000

0.000

0.000

0.000

Other Term Liabilities

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Total Term Liabilities

 

16.500

13.200

9.900

6.600

3.300

Total of Outside Liabilities

 

18.100

16.600

13.300

10.000

6.700

 

 

 

 

 

 

Net Worth

 

 

 

 

 

 

Share Capital Account 

9.980

14.708

19.805

25.201

      32.484

General Reserve

--

--

--

--

--

Shares Premium Account

0.000

0.000

0.000

0.000

0.000

Plus (+) or deficit (-) in Profit and Loss Account others (Specify)

0.000

0.000

0.000

0.000

0.000

Differed Tax Liability

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Net Worth

9.980

14.708

19.805

25.201

      32.484

 

 

 

 

 

 

TOTAL LIABILITIES

 

28.080

31.308

33.105

35.201

39.184

 

 

 

 

 

 

ASSETS

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

 

 

 

 

 

 

 

Cash and Bank Balance

0.303

2.648

3.094

2.442

3.339

 

 

 

 

 

 

Fixed deposit with bank

0.000

0.000

0.000

0.000

0.000

Receivable Other than Exports

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Installment of deferred receivable

(due within one year)

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

INVENTORY:

 

 

 

 

 

Raw materials  (including stores and other item used in the process of manufacturing)

 

 

 

 

 

Imported

0.000

0.000

0.000

0.000

0.000

Indigenous

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Stock – in – process

0.000

0.000

0.000

0.000

0.000

Finished Goods

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Other Consumable Spares

0.000

0.000

0.000

0.000

0.000

Imported Consumables

0.000

0.000

0.000

0.000

0.000

Indigenous Consumables

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Advance to Suppliers of Raw materials and stores and spares  

0.000

0.000

0.000

0.000

0.000

Advances Payments Taxes

0.000

0.000

0.000

0.000

0.000

Other current assets

7.000

11.000

15.000

20.000

25.000

 

 

 

 

 

 

TOTAL CURRENT ASSETS

 

7.303

13.648

18.094

22.442

28.339

 

 

 

 

 

 

FIXED ASSETS

 

 

 

 

 

Gross Block

24.443

24.443

24.443

24.443

24.443

Depreciation to date

3.666

6.783

9.432

11.684

13.598

 

 

 

 

 

 

NET BLOCK

20.777

17.660

15.011

12.759

10.845

 

 

 

 

 

 

Investment/ books debts/ advances/ exposits which are not current assets 

0.000

0.000

0.000

0.000

0.000

Investment in subsidiary company

0.000

0.000

0.000

0.000

0.000

Others Investment

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Others Debtors (6 month)

0.000

0.000

0.000

0.000

0.000

Security Deposits

0.000

0.000

0.000

0.000

0.000

Others

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

TOTAL OTHER NON – CURRENT ASSETS

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Intangible assets

0.000

0..000

0.000

0.000

0.000

 

 

 

 

 

 

TOTAL ASSETS

28.080

31.308

33.105

35.201

39.184

 

 

 

 

 

 

Tangible Net Worth

9.980

14.708

19.805

25.201

32.484

 

 

 

 

 

 

Net Working Capital

5.703

10.248

14.694

19.042

24.939

 

 

 

 

 

 

Current Ratio

4.56

4.01

5.32

6.60

8.33

 

 

 

 

 

 

Total Outside Liabilities/ Tangible Net Worth

1.81

1.13

0.67

0.40

0.21

 

 

------------------------------------------------------------------------------------------------------------------------------

 

COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES

 

(RS. IN MILLIONS)

 

Particulars

31.03.2013

 

31.03.2014

31.03.2015

31.03.2016

31.03.2017

 

(Estimated)

(Projected)

 

 

 

 

 

 

Raw Materials (Including Stores, and Other Items used in the Process of Manufacture) 

 

 

 

 

 

[a] Imported

0.000

0.000

0.000

0.000

0.000

Months Consumption

0.000

0.000

0.000

0.000

0.000

[b] Indigenous

0.000

0.000

0.000

0.000

0.000

Months Consumption

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Other consumable spares, Excluding those included 1 above 

 

 

 

 

 

[a] Imported

0.000

0.000

0.000

0.000

0.000

Months Consumption

0.000

0.000

0.000

0.000

0.000

[b] Indigenous

0.000

0.000

0.000

0.000

0.000

Months Consumption

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Stock in process

0.000

0.000

0.000

0.000

0.000

Months cost of production

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Finished goods

0.000

0.000

0.000

0.000

0.000

Months cost of sales

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Receivable other than export and deferred receivables [including bills purchased and discounted by bankers]

0.000

0.000

0.000

0.000

0.000

Months domestic sales

--

--

--

--

--

 

 

 

 

 

 

Export receivables [including bills purchased and discounted by bankers months export sales]

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Advances to suppliers of raw materials and stores/ spares consumable

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Other current Assets including cash and bank balances and deferred receivable due within one year 

7.303

13.648

18.094

22.442

28.339

 

 

 

 

 

 

TOTAL CURRENT ASSETS

 

7.303

13.648

18.094

22.442

28.339

 

 

 

 

 

 

B CURRENT LIABILITIES

 

 

 

 

 

[Other than bank borrowing for working capital]

 

 

 

 

 

 

 

 

 

 

 

Creditors for purchases of raw materials and stores and consumable spares

0.000

0.000

0.000

0.000

0.000

Months Purchases

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Credit for than Suppliers

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Advances from customers

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Statutory liabilities

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Other current liability including short term borrowing dividend payable, installment of DPG public deposit, debentures etc

1.600

3.400

3.400

3.400

3.400

 

 

 

 

 

 

TOTAL

1.600

3.400

3.400

3.400

3.400

 

 

------------------------------------------------------------------------------------------------------------------------------

 

 

COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL

 

(RS IN MILLIONS)

 

Particulars

31.03.2013

 

31.03.2014

31.03.2015

31.03.2016

31.03.2017

 

(Estimated)

(Projected)

 

 

 

FIRST METHOD OF LENDING

 

 

 

 

 

 

 

 

 

 

 

Total Current Assets

7.303

13.648

18.094

22.442

28.339

 

 

 

 

 

 

Other Current Liabilities

(Other than bank borrowings)

1.600

3.4000

3.400

3.400

3.400

 

 

 

 

 

 

Working Capital Gap (WCG)

5.703

10.248

14.694

19.042

24.939

 

 

 

 

 

 

Minimum stipulated net working capital i.e. 25% of WCG/ 25% of total current assets as the case may be depending upon the method of lending being applied (Export receivables to be excluded under both methods)

1.426

2.562

3.674

4.760

6.235

 

 

 

 

 

 

Actual / projected net working capital

5.703

10.248

14.694

19.042

24.939

 

 

 

 

 

 

Item 3 minus item 4

4.277

7.686

11.021

14.281

18.704

 

 

 

 

 

 

Item 3 minus item 5

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Maximum permissible bank finance

(Item 6 or 7 whichever is lower)

0.000

0.000

0.000

0.000

0.000

 

 

 

 

 

 

Excess Borrowing Representing Short falling NWC

--

--

--

--

--

 

 

------------------------------------------------------------------------------------------------------------------------------

 

ADVANCE DIAGNOSTICS

 

(SISTER CONCERN)

 

(MR. GURDEEP SINGH – PROPRIETOR)

 

CAPITAL ACCOUNT

 

Particulars

31.03.2011

(Rs. In Millions)

 

 

 

GURDEEP SINGH

 

 

Opening Balance

 

1.052

 

 

 

Additions

 

 

Share of Profit @100.0%

0.872

 

Salary Income

0.120

 

Bank Interests

0.009

 

Maturity of UTI Ulip

0.110

1.111

 

 

 

Less: Withdrawals

 

 

Personal USE

0.360

 

Income Tax (A.Y. 2010-11)

0.131

 

Personal Expenses

0.089

 

Household Electricity

0.040

 

1/5th of Car Repair and Maintenance

0.013

 

Amount Withdrawn

0.442

1.075

 

 

 

Total

 

 

1.088

 

 

BALANCE SHEET

 

(RS. IN MILLIONS)

 

SOURCES OF FUNDS

 

 

 

31.03.2011

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

 

 

1.088

2] Share Application Money

 

 

0.000

3] Reserves & Surplus

 

 

0.000

4] (Accumulated Losses)

 

 

0.000

NETWORTH

 

 

1.088

LOAN FUNDS

 

 

 

1] Secured Loans

 

 

2.443

2] Unsecured Loans

 

 

2.136

TOTAL BORROWING

 

 

4.579

DEFERRED TAX LIABILITIES

 

 

0.000

 

 

 

 

TOTAL

 

 

5.667

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

 

 

4.863

Capital work-in-progress

 

 

0.000

 

 

 

 

INVESTMENT

 

 

0.000

DEFERREX TAX ASSETS

 

 

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

 

 

0.000

 

Sundry Debtors

 

 

0.000

 

Cash & Bank Balances

 

 

0.213

 

Other Current Assets

 

 

0.726

 

Loans & Advances

 

 

0.000

Total Current Assets

 

 

0.939

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditor

 

 

0.116

 

Other Current Liabilities

 

 

0.019

 

Provisions

 

 

0.000

Total Current Liabilities

 

 

0.135

Net Current Assets

 

 

0.804

 

 

 

 

MISCELLANEOUS EXPENSES

 

 

0.000

 

 

 

 

TOTAL

 

 

5.667

 

 

PROFIT AND LOSS ACCOUNT

 

(RS. IN MILLIONS)

 

 

PARTICULARS

 

 

 

31.03.2011

 

SALES

 

 

 

 

 

Professional Receipts

 

 

4.557

 

 

TOTAL                                    

 

 

4.557

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Audit Fees

 

 

0.003

 

 

Accounting Charges

 

 

0.018

 

 

Bank Charges

 

 

0.002

 

 

Bank Interests

 

 

0.291

 

 

Car Repair and Maintenance

 

 

0.054

 

 

Computer Repair and Maintenance

 

 

0.002

 

 

Consumable Stores

 

 

0.594

 

 

Conveyance Expenses

 

 

0.064

 

 

Diwali Expenses

 

 

0.010

 

 

Electrical Expenses

 

 

0.120

 

 

Generator Repair and Maintenance

 

 

0.052

 

 

Insurance Charges

 

 

0.062

 

 

Interests on Loans

 

 

0.006

 

 

Machinery Repair and Maintenance

 

 

0.060

 

 

Misc. Expenses 

 

 

0.044

 

 

Printing and Stationery

 

 

0.077

 

 

Salaries

 

 

1.234

 

 

Staff Welfare

 

 

0.055

 

 

Telephone Expenses

 

 

0.043

 

 

Van Repair and Maintenance

 

 

0.035

 

 

TOTAL                                    

 

 

2.826

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION

 

 

1.731

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                    

 

 

0.859

 

 

 

 

 

 

NET PROFIT

 

 

0.872

 

------------------------------------------------------------------------------------------------------------------------------

 

ADVANCE DIAGNOSTICS

 

(SISTER CONCERN)

 

COMPUTATION OF INCOME

 

Particulars

 

Amount

(Rs. In Millions)

 

 

 

Income from Salary

 

0.120

Gross Salary including all Allowances drawn from Maulana Medical College

0.120

 

Taxable Salary

0.120

 

 

 

 

Income from Business/ profession

 

0.872

Advance Diagnostics

 

 

Net profit as per Profit and Loss A/c

0.872

 

Add: Items Inadmissible / for Separte Consideration

0.859

 

 

 

 

Depreciation Separately Considered – 0.859

 

 

Sub Total

1.731

 

Less: Item Admissible / for Separate Consideration

0.859

 

Depreciation as Admissible  - 0.859

 

 

Business Income

0.872

 

 

 

 

Income from Other Sources

 

0.015

Bank Interests

 

 

Bank Interests (OBC Personal A/c)

0.003

 

Bank Interests (SBI)

0.009

 

 

 

 

FDR Interests

0.003

 

 

 

 

Total Income from Other Sources

0.015

 

 

 

 

Gross Total Income

 

 

1.007

Less: Deductions under chapter VI –A

 

0.078

 

 

 

LIC

0.049

 

T. Fee

0.029

 

 

 

 

Total Income

 

 

0.929

 

 

 

Net Assessable Income of the Assesses is thus Rs.0.929 Million

 

COMPUTATION OF TAX

 

Tax on Total Income of Rs.0.929 Million at normal rates

0.133

Add: Educational Cess @ 3%

0.003

 

0.136

 

Tax Payable

Less: Advance Tax Paid = 0.112

 

Date

Branch Code

Challan Serial No.

Amount

 

 

 

 

 

14.09.2010

0510308

50762

0.030

15.12.2010

0510308

60659

0.041

09.03.2011

0510308

54524

0.041

 

 

 

0.112

 

 

Balance tax Payable

0.024

 

Add: Interests Payable

0.002

Interests u/s 234 B – 0.001

 

Interests u/s 234 C – 0.001

 

 

 

1st Installment – 327

2nd Installment – 321

3rd Installment - 242

 

 

 

Less: Self Assessment tax Paid on 28.07.2011

0.026

 

 

Tax Payable

 

0.000

 

 

------------------------------------------------------------------------------------------------------------------------------

 

AMBER RADIO-DIAGNOSTIC SERVICES

 

(SISTER CONCERN)

 

(PARTNERSHIP – FIRM)

 

CAPITAL ACCOUNT

 

Particulars

31.03.2012

(Rs. In Millions)

 

 

 

DR. GURDEEP SINGH

 

 

Opening Balance

0.000

 

 

 

 

Additions

 

 

Amount Introduced

1.020

1.020

 

 

 

 

 

 

 

 

 

DR. SANDEEP SINGH

 

 

Opening Balance

0.000

 

 

 

 

Additions

 

 

Amount Introduced

0.500

0.500

 

 

 

Total

 

 

1.520

 

 

BALANCE SHEET

 

(RS. IN MILLIONS)

 

SOURCES OF FUNDS

 

 

 

31.03.2012

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

 

 

1.520

2] Share Application Money

 

 

0.000

3] Reserves & Surplus

 

 

0.000

4] (Accumulated Losses)

 

 

0.000

NETWORTH

 

 

1.520

LOAN FUNDS

 

 

 

1] Secured Loans

 

 

0.000

2] Unsecured Loans

 

 

0.000

TOTAL BORROWING

 

 

0.000

DEFERRED TAX LIABILITIES

 

 

0.000

 

 

 

 

TOTAL

 

 

1.520

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

 

 

0.000

Capital work-in-progress

 

 

0.000

 

 

 

 

INVESTMENT

 

 

0.000

DEFERREX TAX ASSETS

 

 

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

 

 

0.000

 

Sundry Debtors

 

 

0.000

 

Cash & Bank Balances

 

 

0.000

 

Other Current Assets

 

 

1.500

 

Loans & Advances

 

 

0.020

Total Current Assets

 

 

1.520

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditor

 

 

0.005

 

Other Current Liabilities

 

 

0.000

 

Provisions

 

 

0.000

Total Current Liabilities

 

 

0.005

Net Current Assets

 

 

1.515

 

 

 

 

MISCELLANEOUS EXPENSES

 

 

0.005

 

 

 

 

TOTAL

 

 

1.520

 

------------------------------------------------------------------------------------------------------------------------------

 

ASSETS AND LIABILITIES

 

(DR. SANDEEP SINGH)

 

(RS. IN MILLIONS)

 

 

BANK ACCOUNT

 

Bank

Branch

S/B C/D A/C No.

Present balance

 

 

 

 

City Bank

Feroze Gandhi Market

 

5119439169

0.245

 

 

DETAILS OF ASSETS

 

A.      IMMOVABLE PROPERTY

 

Assets

Own/ Joint Name

Area

Freehold or Leasehold

Purchase Cost

Present Value

 

 

 

 

 

 

Residential Flat

Own

171.50

Freehold

1.800

0.400

 

 

 

 

 

 

 

 

B.      MOVABLE PROPERTY

 

INSURANCE POLICIES

 

Name of Company

Surrender Value

 

 

LIC Policies

0.800

 

 

INVESTMENT IN GOVERNMENT SECURITIES LIKE BONDS/PPF/NSC/KVP/IVP ETC.

 

Bond/ Certificate No.

Issuing Office/ Post Office

Maturity Amount

 

 

 

PPF

SBI

0.250

 

 

VEHICLES

 

Type of Vehicles

Registration No.

Model

Year of Make

Cost at the time of Purchase

Present Value

 

 

 

 

 

 

CAR

PB-10CB 4421

2008

2008

0.415

0.275

 

 

 

 

 

 

 

JEWELLERY

 

 

Quantity

Valuation (Approx)

 

Gold

200 gm

0.500

Silver

700 gm

0.021

Others

Household Goods

0.400

 

 

DETAILS OF LIABILITIES

 

AS BORROWER

 

Borrower From

Purpose Loan

Amount of Loan

 

 

 

 

ICICI

Household Goods

0.015

 

 

LEGAL HEIRS/ FAMILY PARTICULARS

 

Name

 

Occupation

Relation

Age

 

 

 

 

Dr. Daizy Singh

Doctor

Wife

37

Aditya

Student

Son

9

Samrath

Student

Son

1 ˝

 

 

 

(RS. IN MILLIONS)

 

A.      IMMOVABLE PROPERTIES

 

Place where the land or building is situated (Details of Survey No., Door No., Steels etc.)

Ancestral or Self Acquired

Market Value

(Rs. In Millions)

 

 

 

 

Sky Mark Garden, Flat No.101-B, Ranjeet Avenue – I, Maler Okhla Road, Ludhiana, Punjab, India

Self Acquired

4.000

 

B.      LIQUID ASSETS

 

Particulars

 

Amount

(Rs. In Millions)

 

 

Cash and Bank Balance

0.245

Shares (Give details)/ MF

0.300

Life Insurance Policy No. and Date

0.800

Jewellery

0.350

Public Provident Fund

0.200

Fixed Assets

0.360

 

 

Total

 

2.255

 

 

Particulars

Amount

(Rs. In Millions)

 

 

Borrowing from Bank (Give details of securities Furnished) Flat Loan From ICICI Bank

1.500

 

 

------------------------------------------------------------------------------------------------------------------------------

 

ASSETS AND LIABILITIES

 

(DR. GURDEEP SINGH)

 

(RS. IN MILLIONS)

 

 

DETAILS OF ASSETS

 

A.      IMMOVABLE PROPERTY

 

Assets

Own/ Joint Name

Freehold or Leasehold

Address 

Present Value

 

 

 

 

 

Residential

˝ shares 

Freehold

˝ Shares in Property

43, Tagore Nagar, Ludhiana – 141001, Punjab, India

4.500

 

 

 

 

 

 

 

B.      MOVABLE PROPERTY

 

INSURANCE POLICIES

 

Name of Company

Surrender Value

 

 

LIC Policies

0.600

 

 

INVESTMENT IN GOVERNMENT SECURITIES LIKE BONDS/PPF/NSC/KVP/IVP ETC.

 

Issuing Office/ Post Office

Face Value 

 

 

SBI

0.140

 

 

VEHICLES

 

Type of Vehicles

Registration No.

Present Value

 

 

 

Omni

PB-10CN 3273

0.200

 

 

 

 

JEWELLERY

 

 

Quantity

Valuation (Approx.)

 

Gold

100 gm

0.250

Silver

200 gm

0.080

Others

Household Goods

0.275

 

 

CAPITAL INVESTED IN BUSINESS – NAME OF FIRM/ COMPANY

 

Advance Diagnostic – Rs.3.500 Millions

 

 

DETAILS OF LIABILITIES

 

AS BORROWER

 

Borrower From

Purpose of Loan

Amount of Loan

 

 

 

 

SBI

Household Goods

1.125

0.864

 

 

LEGAL HEIRS/ FAMILY PARTICULARS

 

Name

 

Occupation

Relation

Age

 

 

 

 

Dr. Rubinder Kaur 

Doctor

Wife

42

Aarshdeep

Student

Son

10

Aashana Kaur

Student

Daughter

7

 

 

 

(RS. IN MILLIONS)

 

A.      IMMOVABLE PROPERTIES

 

Place where the land or building is situated (Details of Survey No., Door No., Steels etc.)

Ancestral or Self Acquired

If encumbered, to what extent

Market Value

(Rs. In Millions)

 

 

 

 

 

˝ shares in Property

No.43, Tagore Nagar, Ludhiana -  141001, Punjab, India

Self Acquired

2.000

4.500

 

 

B.      LIQUID ASSETS

 

Particulars

 

Amount

(Rs. In Millions)

 

 

Shares (Give details)

0.050

Life Insurance Policy No. and Date

0.600

Jewellery

0.250

Investment in Business Advance Diagnostics

3.500

Investment in Business Aaron Life private limited

0.050

Others

0.140

 

 

Total

 

4.590

 

 

Particulars

Amount

(Rs. In Millions)

 

 

Borrowing from Bank (Give details of securities Furnished)

State Bank of India – 30717126787

State Bank of India

 

 

1.125

0.864

 

Total

 

1.989

 

 

------------------------------------------------------------------------------------------------------------------------------

 

 

VALUATION REPORT

 

(IN RESPECT OF LAND/SITE AND BUILDING)

(TO BE FILLED IN BY APPROVED VALUER)

 

Client

(Owner as per document submitted to us for Valuation)

Mrs. M. Rupinder Kaur W/o S. Gurdeep Singh

r/o 43, Tagore Nagar Opposite D.C.M. Boys Hostel

Tehs. and District Ludhiana, India

 

 

Properties Complete Address

(Properly as shown and Identified by Rupinder Kaur Owner)

Prop. No.14-A, South City, Ayali Khurd Ludhiana,

Tehs. and District Ludhiana, India

Land Measuring 300 Sq. yds.

 

 

Date of Visit

06.04.2012

 

 

Date of Valuation

07.04.2012

 

 

Document Produced for Valuation

Registration deed bearing wasika number 1699 dated 29.04.2011 in the name of Mrs. M. Rupinder Singh (Kaur) W/o S. Gurdeep Singh r/o 43, Tagore Nagar, Opposite DCM Boya Hostel, Tehs. And District Ludhiana

Land Measuring 300 Sq. yds.

 

 

Name of the owner(s) and his/their address(es) with numbers (Detail of share of each owner in

case of joint ownership)

ownership details as per above

100% ownership

 

 

 

Brief description of property

 

The area is approved Residential /Commercial Belt where Surroundings, Neighbourhood and abadi is good and all facilities like water supply and sewerage are available (Provided by colonizer) the property has got Average saleability

 

 

Location of property

 

a) Plot No/ Survey No.

b) T. S. No; Village

c) Ward/ Taluka

d) Mandal/ District

 

 

Prop. No. 14-A, South City, 

Ayali Khurd Ludhiana,

Tehs. And district Ludhiana

Land Measuring 300 Sq. yds.

 

 

Complete detail of Khasra, Khatta Jamabandi etc.

 

Khasra No.32//17,32//16,31//20/2

Khata No.458/470,459/471

As per Jamabandi of the year 2004-05

Waika Village Ayali Khurd

 

 

Postal Address of the Property

 

Prop. No.14-A, South City

Ayali Khurd Ludhiana,

Tehs. and District Ludhiana

Land Measuring 300 Sq. yds.

 

 

City/ Town

 

Residential area

 

Open Plot as on date

(With boundary wall)

Commercial Area

NA

Industrial Area

NA

 

 

Classification of the Area

 

High/ Middle/ Poor

Middle

Urban/semi-Urban/Rural

Urban Facilities available at site

 

 

Coming under Corporation Limit/ Village Panchayat/ Municipalty

 

Not Under Municipal Corporation But colony approved by PUDA

 

 

 

Weather covered under any state Central Govt. enactments (e.g. Urban Land Ceiling Act) or notified under agency area/ scheduled areal/ Cantonment area.

As per LSR

 

 

Boundaries of the proper

As per Registration deed

North - Plot No. 15-A

South - Neighbour

East - Road

West - Plot No.13-A

85’00”

85’00”

31’09”

31’09”

 

As per Site

North - Plot No. 15-A

South – Open Land

East – Road

West – Plot No.13-A

85’00”

85’00”

31’09”

31’09”

 

 

Extent of the site

300 sq. yds

 

 

Extent of the site considered for Valuation (least of 14a & 14b)

 

300 sq. yds

 

Weather occupied by the owner /Tenant If occupied by the tenant since how long? Rent received per month.

Self Possessed property

(as claimed)

 

 

 

PART A (VALUATION OF LAND)

 

Size of Plot

 

North and South

Ref Above

East and West

Ref Above

 

 

Total Extent of the Plot

 

300.00 Sq. yds.

 

Prevailing Market Rate

 

Rs.25000.00 per sq. yds to

Rs.26000.00 per sq. yds

 

 

 

Guideline rate obtained from register’s office (Evidence be enclosed)

Rs.5000.00 Per Sq. Yds.

Ayali Khurd- Residential Rates

 

 

Assessed / adopted rate of valuation

 

Rs.25000.00 per Sq. yds

 

Estimated Value of Land

 

Rs.7.500 Millions

 

 

PART – B

(VALUATION OF BUILDING)

 

TECHNICAL DETAILS OF THE BUILDING

 

Type of building

Residential/ Commercial/ Industrial

Open Plot as on date

(with boundary wall for demarcation)

 

 

Type of construction

(Load bearing/ RCC/ Steel framed)

Open Plot as on date

(with boundary wall for demarcation)

 

 

PART – C (EXTRA ITEMS)

 

 

(Amount in Rupees)

 

PORTICO

Rs.0.000

 

 

ORNAMENTAL FRONT DOOR

Rs.0.000

 

 

SITOUT/ VERANDAH WITH STEEL GRILLS

Rs.0.000

 

 

FOUNDATIONS

Rs.0.000

 

 

EXTRA STEEL/ COLLAPSIBLE GATE

Rs.2500.00

 

 

Total

Rs.2500.00

 

 

PART – D (AMENITIES)

 

Rs.0.000

 

 

PART – E (MISCELLANEOUS)

 

Rs.0.000

 

 

PART – F (SERVICES)

 

Water supply/ Sewerage Arrangements

Rs.0.000

 

 

Submersible Pump

Rs.0.000

 

 

Boundary Wall

Rs.150000.00

 

 

C. B. Deposits, Fittings etc.

Rs.0.000

 

 

Pavement

Rs.0.000

 

 

Total

 

Rs.150000.00

 

 

TOTAL ABSTRACT OF ENTIRE PROPERTY

 

Part A Land

Rs.7.500 Millions

Part B Building

Rs.0.000

Part C Extra Items

Rs.0.003 Million

Part D Amenities

Rs.0.000

Part E Miscellaneous

Rs.0.000

Part F Services

Rs.0.150 Million

 

 

Total

Rs.7.653 Millions

 

 

 

VALUATION DETAILS

 

A. Market Value of Property

(It is calculated as 100% of prevalent land Value + 100% of Building value as Calculated above)

Rs.7.652 Millions

 

B. Realizable Value

(In this case it is considered as 80% of The Market Value)

Rs.6.122 Millions

 

C. Forsed Sales value of Property

(It has been considered as 70% of MV in this case)

Rs.5.356 Millions

 

D. Min Reserved value/ registered Value

(Min Reserved rated @ Rs.5000 + Const

Rs.1.653 Millions

 

------------------------------------------------------------------------------------------------------------------------------

 

VALUATION REPORT

 

(IN RESPECT OF LAND/SITE AND BUILDING)

(TO BE FILLED IN BY APPROVED VALUER)

 

Client

(Owner as per document submitted to us for Valuation)

Mrs. Daisy Singh W/o S. Sandeep Singh

r/o 111, New Lajpat Nagar, Pakhowal Road, Tehs. and District Ludhiana

 

 

Properties Complete Address

(Properly as shown and Identified by Mrs. Daisy Singh Owner)

Prop. In shape of Open Plot Near Gurdwara, Begoana Mohalla, Wakia Village Gill, Ludhiana, Tehs. and district Ludhiana 

Land Measuring 171.5 Sq. yds.

 

 

Date of Visit

06.04.2012

 

 

Date of Valuation

07.04.2012

 

 

Document Produced for Valuation

Registration deed bearing wasika number 1739 dated 10.05.2011 in the name of Mrs. Daisy Singh W/o S. Sandeep Singh r/o 111, New Lajpat nagar, Pakhowal Road, Tehs. and District Ludhiana Land Measuring 171.5 sq. yds.

 

 

Name of the owner(s) and his/their address(es) with numbers (Detail of share of each owner in

case of joint ownership)

ownership details as per above

100% ownership

 

 

 

Brief description of property

 

The area is approved Residential /Commercial Belt where Surroundings, Neighbourhood and abadi is good and all facilities like water supply and sewerage are available (Self arranged by owner) the property has got Average Saleability.

 

 

Location of property

 

a) Plot No/ Survey No.

b) T. S. No; Village

c) Ward/ Taluka

d) Mandal/ District

 

 

Prop. In Shape of Open Plot Near Gurdwara, Begoana Mohalla, Wakia Village Gill, Ludhiana, Tehs. and District Ludhiana

 

 

Complete detail of Khasra, Khatta Jamabandi etc.

 

Khasra No.1185-1186

Khevat/ Khatoni No.1806/2420-1805/2419

As per Jamabandi of the year 2005-06

 

 

Postal Address of the Property

 

Prop. In Shape of Open Plot Near Gurdwara, Begoana Mohalla, Wakia Village Gill, Ludhiana, Tehs. and District Ludhiana

 

 

City/ Town

 

Residential area

 

Open Plot as on date

(With boundary wall)

Commercial Area

NA

Industrial Area

NA

 

 

Classification of the Area

 

High/ Middle/ Poor

Middle

Urban/semi-Urban/Rural

Urban Facilities available at site

 

 

Coming under Corporation Limit/ Village Panchayat/ Municipalty

Not Under Municipal Corporation

 

 

Weather covered under any state Central Govt. enactments (e.g. Urban Land Ceiling Act) or notified under agency area/ scheduled areal/ Cantonment area.

As per LSR

 

 

Boundaries of the proper

As per Registration deed

North - Neighbor

South - Neighbor

East – Joginder Singh

West – Road 20ft Wide

58’03”

66’03”

23’00”

26’00”

 

As per Site

North – Open Plot

South – Open Plot

East – Open Plot

West – Road 20ft Wide

58’03”

66’03”

23’00”

24’06”

 

 

Extent of the site

164.00 Sq. yds.

 

 

 

Extent of the site considered for Valuation (least of 14a & 14b)

 

164.00 Sq. yds.

 

Weather occupied by the owner /Tenant If occupied by the tenant since how long? Rent received per month.

Self Possessed property

(as claimed)

 

 

 

PART A (VALUATION OF LAND)

 

Size of Plot

 

North and South

Ref Above

East and West

Ref Above

 

 

Total Extent of the Plot

 

164.00 Sq. yds.

 

Prevailing Market Rate

 

Rs.11500.00 per sq. yds to

Rs.12500.00 per sq. yds

 

 

 

Guideline rate obtained from register’s office (Evidence be enclosed)

Rs.2500.00 Per Sq. Yds.

Begoana Mohall - Residential Rates

 

 

Assessed / adopted rate of valuation

 

Rs.12000.00 per Sq. yds

 

Estimated Value of Land

 

Rs.1.968 Millions

 

 

PART – B

(VALUATION OF BUILDING)

 

TECHNICAL DETAILS OF THE BUILDING

 

Type of building

Residential/ Commercial/ Industrial

Open Plot as on date

(with small boundary wall for demarcation)

 

 

Type of construction

(Load bearing/ RCC/ Steel framed)

Open Plot as on date

(with small boundary wall for demarcation)

 

 

PART – C (EXTRA ITEMS)

 

 

(Amount in Rupees)

 

PORTICO

Rs.0.00

 

 

ORNAMENTAL FRONT DOOR

Rs.0.00

 

 

SITOUT/ VERANDAH WITH STEEL GRILLS

Rs.0.00

 

 

FOUNDATIONS

Rs.50000.00

 

 

EXTRA STEEL/ COLLAPSIBLE GATE

Rs.0.00

 

 

Total

Rs.50000.00

 

 

PART – D (AMENITIES)

 

Rs.0.00

 

 

PART – E (MISCELLANEOUS)

 

Rs.0.00

 

 

PART – F (SERVICES)

 

Rs.0.00

 

 

TOTAL ABSTRACT OF ENTIRE PROPERTY

 

Part A Land

Rs.1.968 Millions

Part B Building

Rs.0.00

Part C Extra Items

Rs.0.050 Million

Part D Amenities

Rs.0.00

Part E Miscellaneous

Rs.0.00

Part F Services

Rs.0.00

 

 

Total

Rs.2.018 Millions

 

 

 

VALUATION DETAILS

 

A. Market Value of Property

(It is calculated as 100% of prevalent land Value + 100% of Building value as Calculated above)

Rs.2.020 Millions

 

B. Realizable Value

(In this case it is considered as 85% of The Market Value)

Rs.1.717 Millions

 

C. Forsed Sales value of Property

(It has been considered as 70% of MV in this case)

Rs.1.414 Millions

 

D. Min Reserved value/ registered Value

(Min Reserved rated @ Rs.2500 + Const

Rs.0.479 Million

 

------------------------------------------------------------------------------------------------------------------------------

 

 

VALUATION REPORT

 

(IN RESPECT OF LAND/SITE AND BUILDING)

(TO BE FILLED IN BY APPROVED VALUER)

 

Client

(Owner as per document submitted to us for Valuation)

Dr. Sandeep Singh S/O Gurbachan Singh r/o H. No. 111, New Lajpat Nagar, Tehs. and District Ludhiana

 

 

Properties Complete Address

(Properly as shown and Identified by Mrs. Daisy Singh Owner)

Flat No.101 (First Floor), Block –B, Sky Mark Gardens, ranjeet Avenue, Wakia Village Bulara, Ludhiana, Tehsil and District

Area Measuring 1243 Sq. ft.

(Undevided Share of Land 22 Sq. yds)

 

 

Date of Visit

06.04.2012

 

 

Date of Valuation

07.04.2012

 

 

Document Produced for Valuation

Registration deed bearing wasika number (Not Legible) Dated 18.03.2010 in the name of Dr. Sandeep Singh s/o S. Gurbachan Singh r/o H. No.111, New Lajpat Nagar, Tehsil and District Ludhiana

Area Measuring 1243 sq. ft..

 

 

Name of the owner(s) and his/their address(es) with numbers (Detail of share of each owner in

case of joint ownership)

ownership details as per above

100% ownership

 

 

 

Brief description of property

 

The area is approved Residential /Commercial Belt where Surroundings, Neighbourhood and abadi is good and all facilities like water supply and sewerage are available (Provided by Developer/ Colonizer) the property has got Average Saleability

 

 

Location of property

 

a) Plot No/ Survey No.

b) T. S. No; Village

c) Ward/ Taluka

d) Mandal/ District

 

 

Flat No.101 (First Floor), Block –B, Sky Mark Garden, Ranjeet Avenue Wakia Village Bulara, Ludhiana, Tehs. and district Ludhiana.

Area Measuring 1243 Sq. ft.

 

 

Complete detail of Khasra, Khatta Jamabandi etc.

 

Khasra No.24/6

Khata No. 253/271

As per Jamabandi for the year 2007-08

Wakia Village Bulara

Tehs. and District Ludhiana

 

 

Postal Address of the Property

 

Flat No.101 (First Floor), Block B, Sky Mark Garden, Ranjeet Avenue Wakia Village Bulara, Ludhiana, Tehs. and District Ludhiana

Area Measuring 1243 sq. ft.

 

 

City/ Town

 

Residential area

Yes  (Classification based on Usage)

Commercial Area

NA

Industrial Area

NA

 

 

Classification of the Area

 

High/ Middle/ Poor

Middle

Urban/semi-Urban/Rural

Urban Facilities available at site

 

 

Coming under Corporation Limit/ Village Panchayat/ Municipalty

Outside MC limits but project approved by Government

 

 

In case it is an agricultural land, any conversion to house site plots is contemplated.

Not Application

 

 

Extent of the site

1243 Sq. yds.

 

 

 

Extent of the site considered for Valuation (least of 14a & 14b)

 

1243 Sq. yds.

 

Weather occupied by the owner /Tenant If occupied by the tenant since how long? Rent received per month.

Self Possessed property

(as claimed)

 

 

 

PART A (VALUATION OF LAND)

 

 

 

Total Extent of the Plot

 

1243.00 Sq. yds.

 

Prevailing Market Rate

 

Rs.3500.00 per sq. yds to

Rs.3700.00 per sq. yds

 

 

 

Guideline rate obtained from register’s office (Evidence be enclosed)

Rs.3250.00 Per sq. yds.

Bulara – Ranjeet Avenue – Residential Rates - Residential Rates

 

 

Assessed / adopted rate of valuation

 

Rs.3600.00 per sq. ft.

 

Estimated Value of Land

 

Rs.4.475 Millions

 

 

PART – B

(VALUATION OF BUILDING)

 

TECHNICAL DETAILS OF THE BUILDING

 

Type of building

Residential/ Commercial/ Industrial

Commercial Used

 

 

Type of construction

(Load bearing/ RCC/ Steel framed)

Load Bearing Brick wall Structure

 

 

Year of Construction

Ground Floor 2010 Approximate

 

 

Plinth Area Floor Wise 

As per details in calculation part

Ground Floor 1243.00 sq. ft.

 

 

 

PART – C (EXTRA ITEMS)

Rs.0.000

 

 

 

PART – D (AMENITIES)

 

Rs.0.000

 

 

 

PART – E (MISCELLANEOUS)

 

Rs.0.000

 

 

 

PART – F (SERVICES)

 

Water supply / Sewerage Arrangements

Rs.15000.00

 

 

C.B. Deposits, Fittings etc.

Rs.20000.00

 

 

Total

Rs.35000.00

 

 

 

TOTAL ABSTRACT OF ENTIRE PROPERTY

 

Part A Land

Part B Building

Rs.4.475 Millions

Part C Extra Items

Rs.0.000

Part D Amenities

Rs.0.000

Part E Miscellaneous

Rs.0.000

Part F Services

Rs.0.035 Million 

 

 

Total

Rs.4.510 Millions

 

 

 

VALUATION DETAILS

 

A. Market Value of Property

(It is calculated as 100% of prevalent land Value + 100% of Building value as Calculated above)

Rs.4.500 Millions

 

B. Realizable Value

(In this case it is considered as 75% of The Market Value)

Rs.3.375 Millions

 

C. Forsed Sales value of Property

(It has been considered as 70% of MV in this case)

Rs.3.150 Millions

 

D. Min Reserved value/ registered Value

(Min Reserved rated @ Rs.2500 + Const

Rs.2.200 Millions

 

 

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

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

UK Pound

1

Rs.85.49

Euro

1

Rs.69.61

 

 

INFORMATION DETAILS

 

Information Gathered by :

PJA

 

 

Report Prepared by :

NIT

 

 

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

 

-

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.