|
Report Date : |
19.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
GREEN ARK ENERSOL PRIVATE Limited |
|
|
|
|
Registered
Office : |
LA Casa Blanca, Flat No.301, H No. 1-65/20/105, Road No.2, Guttala
Begumpet, Ravindra Lay Out, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
21.04.2009 |
|
|
|
|
Com. Reg. No.: |
063373 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.49.609 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U31400AP2009PTC063373 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
HYDG09132E |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCG4427B |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
The company is engaged in manufacturing and
assembling of Data Transfer Units for telecom Industry. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
B (34) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 308448 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow But Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. The company is
doing well. Trade relations are reported as fair. Business is active.
Payments are reported to be slow but correct. The company can be considered for small business dealings at usual
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) |
|
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 : |
LA Casa Blanca, Flat No.301, H No. 1-65/20/105, Road No.2, Guttala
Begumpet, Ravindra Lay Out, Hyderabad – 500033, Andhra Pradesh , India |
|
Tel. No.: |
91-40-40140617-19 |
|
E-Mail : |
|
|
|
|
|
R and D Centre: |
#16, 35th
division, 1st cross,industrial layout, Near shopper stop,
Nayanappa shetty palya, Bangalore – 560078, Karnataka, India |
DIRECTORS
AS ON 24.09.2011
|
Name : |
Mr. Jhansi Lakshmi Gorla |
|
Designation : |
Director |
|
Address : |
6-3-698/PJ-29, PJ, PP Officer Quarters, 6-3-698/PJ, Panjagutta,
Khairatabad, Nalgonda – 500082, Andhra Pradesh, India |
|
Date of Appointment : |
21.04.2009 |
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 |
U31400AP2009PTC063373 |
GREEN ARK ENERSOL PRIVATE
LIMITED |
Whole-time director |
29/04/2009 |
21/04/2009 |
- |
Active |
NO |
|
Name : |
Mr. Vijay Sai Meka |
|
Designation : |
Director |
|
Address : |
House No.66, and 68, Road No.70, Jubilee Hills, Hyderabad – 500033,
Andhra Pradesh, India |
|
Date of Appointment : |
21.04.2009 |
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 |
U72200AP1999PLC031805 |
FOXFIRE TECHNOLOGIES
(INDIA) LIMITED |
Director |
20/11/2000 |
20/11/2000 |
- |
Active |
NO |
|
2 |
U45400AP2007PTC054928 |
S&S CONSTRUCTIONS
(INDIA) PRIVATE LIMITED |
Managing director |
01/08/2007 |
30/07/2007 |
- |
Active |
NO |
|
3 |
U31400AP2009PTC063373 |
GREEN ARK ENERSOL PRIVATE
LIMITED |
Director |
21/04/2009 |
21/04/2009 |
- |
Active |
NO |
|
4 |
U45209AP2010PTC068280 |
S&S GREEN PROJECTS
PRIVATE LIMITED |
Managing director |
06/05/2010 |
05/05/2010 |
- |
Active |
NO |
|
Name : |
Mr. Niranjan Reddy Chintam |
|
Designation : |
Director |
|
Address : |
Plot No.1297, Road No.63, Jubilee Hills, Hyderabad – 500033, Andhra
Pradesh, India |
|
Date of Appointment : |
21.04.2009 |
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 |
U65910AP1990PTC011408 |
KELLTON SECURITIES PRIVATE
LIMITED |
Director |
27/12/2007 |
27/12/2007 |
- |
Active |
NO |
|
2 |
L72200AP1993PLC016819 |
VMF SOFT TECH LIMITED |
Director |
09/12/2009 |
23/12/2008 |
- |
Active |
NO |
|
3 |
U67120AP1995PTC021208 |
KELLTON COMMODITY AND
DERIVATIVES PRIVATE LIMITED |
Director |
29/12/2008 |
29/12/2008 |
- |
Active |
NO |
|
4 |
U93000AP2007PTC056413 |
KELLTON FINANCIAL SERVICES
PRIVATE LIMITED |
Additional director |
01/07/2009 |
01/07/2009 |
- |
Active |
NO |
|
5 |
U74900AP2009PTC062411 |
SWARNA PROJECTS PRIVATE
LIMITED |
Director |
05/11/2009 |
05/11/2009 |
25/11/2010 |
Active |
NO |
|
6 |
U31400AP2009PTC063373 |
GREEN ARK ENERSOL PRIVATE
LIMITED |
Director |
25/11/2010 |
25/11/2010 |
- |
Active |
NO |
|
7 |
U65990AP2011PTC073788 |
MATNIC FINVEST PRIVATE
LIMITED |
Director |
12/04/2011 |
12/04/2011 |
- |
Active |
NO |
|
8 |
U74899AP2005PTC076232 |
TEKRITI SOFTWARE PRIVATE
LIMITED |
Additional director |
13/04/2011 |
13/04/2011 |
- |
Active |
NO |
|
Name : |
Mr. Srikanth Chintalapati |
|
Designation : |
Director |
|
Address : |
Flat No.206, White House Apartments, Road No.13, Banjara Hills,
Hyderabad, India |
|
Date of Appointment : |
24.12.2012 |
|
Date of Ceasing: |
03.08.2010 |
Other Directorship:
|
S.No. |
CIN |
Name of the Company |
Current designation of the director |
Date of appointment at current designation |
Original date of appointment |
Date of cessation |
Company Status |
Defaulting status |
|
1 |
U72200AP2007PTC052810 |
OZONETEL SYSTEMS PRIVATE
LIMITED |
Director |
17/02/2007 |
17/02/2007 |
13/02/2009 |
Active |
NO |
|
2 |
U31400AP2009PTC063373 |
GREEN ARK ENERSOL PRIVATE
LIMITED |
Whole-time director |
29/04/2009 |
21/04/2009 |
03/08/2010 |
Active |
NO |
|
Name : |
Mr. K Seshasayee |
|
Designation : |
Director |
|
Address : |
9, 4th Main Road, Gandhinagar, Adyar, Chennai – 600020,
Tamilnadu, India |
|
Date of Appointment : |
24.12.2010 |
Other Directorship:
|
S.No. |
CIN |
Name of the Company |
Current designation of the director |
Date of appointment at current designation |
Original date of appointment |
Date of cessation |
Company Status |
Defaulting status |
|
1 |
U50500MH2005PTC151273 |
FUEL AUTOMATION INDIA
PRIVATE LIMITED |
Director |
14/02/2005 |
14/02/2005 |
- |
Active |
NO |
|
2 |
U30000GJ2000PLC038530 |
E CUBE INDIA SOLUTIONS
LIMITED |
Director |
24/03/2006 |
24/03/2006 |
29/09/2007 |
Active |
NO |
|
3 |
U64203DL2005PLC138225 |
Quippo Telecom
Infrastructure Limited |
Director |
11/12/2006 |
24/07/2006 |
- |
Active |
NO |
|
4 |
U64201TN2007PTC063338 |
Win broadband services
Private Limited |
Director |
30/04/2007 |
30/04/2007 |
- |
Active |
NO |
|
5 |
U72200TN2007PTC064130 |
ECHO TELE SERVICES PRIVATE
LIMITED |
Director |
27/06/2007 |
27/06/2007 |
- |
Active |
NO |
|
6 |
U72900TN2007PTC065300 |
ATHREYA INFOCOMM SYSTEMS
PRIVATE LIMITED. |
Director |
06/11/2007 |
06/11/2007 |
- |
Strike off |
NO |
|
7 |
U74999MH2008PTC177389 |
Indhan Technologies Private
Limited |
Director |
01/02/2008 |
01/02/2008 |
- |
Active |
NO |
|
8 |
U64200WB2008PLC127591 |
QUIPPO INFOCOMM LIMITED |
Director |
17/07/2008 |
17/07/2008 |
20/11/2008 |
Active |
NO |
|
9 |
U74900TN2009PTC073987 |
ECHO GLOBAL ENTERPRISE
PRIVATE LIMITED |
Director |
18/12/2009 |
18/12/2009 |
- |
Active |
NO |
|
10 |
U31400AP2009PTC063373 |
GREEN ARK ENERSOL PRIVATE
LIMITED |
Director |
24/12/2010 |
24/12/2010 |
- |
Active |
NO |
|
11 |
U74899DL1995PLC069353 |
ORTEL COMMUNICATIONS
LIMITED |
Director |
30/09/2011 |
02/02/2011 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 24.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Jhansi Lakshmi Gorla |
|
251000 |
|
Vijay Sai Meka |
|
3333 |
|
Endluru Bramaiah |
|
300000 |
|
Kellton Financial Services Private Limited |
|
25000 |
|
M S Sailaja |
|
89617 |
|
Tirumaleshwar Prasad Kanchana |
|
600500 |
|
N Anirudh |
|
30000 |
|
Sridhar Naidu Talasari |
|
100000 |
|
N Ramakrishna |
|
250000 |
|
Green Ark Enersol Employee Welfare Trust |
|
500000 |
|
Prashant Narayan |
|
50000 |
|
Siva Janardhan Marappu |
|
50000 |
|
Srikanth Chakravarthy |
|
20000 |
|
Niranjan Reddy Chintam |
|
2591500 |
|
Firefox Technologies (India)
Limited |
|
100000 |
|
Total |
|
4960950 |
AS ON 24.09.2011
|
Category |
Percentage |
|
Bodies corporate |
0.50 |
|
Directors or relatives of Directors |
66.24 |
|
Other top fifty shareholders |
33.26 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The company is engaged in manufacturing and
assembling of Data Transfer Units for Telecom Industry. |
PRODUCTION STATUS AS ON 31.03.2011
|
Particulars |
Unit |
|
|
Actual
Production |
|
Data Transfer unit |
Units |
|
|
24902 |
GENERAL INFORMATION
|
No. of Employees : |
Not Divulged |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
·
Axis Bank Limited, 6-3-249/6, Alcazar Plaza, Road
No 1, Banjara Hills, Yderabad-500034, Hyderabad - 500034, Andhra Pradesh,
India ·
HDFC Bank |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
K. Ajay Kumar Chartered Accountant |
|
Address : |
No. 2, Bhooma Plaza, St, No. 4 Avenue 7, Banjara Hills, Hyderabad –
500034, Andhra Pradesh, India |
|
|
|
|
Associates/Subsidiaries : |
NA |
CAPITAL STRUCTURE
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
4960950 |
Equity Shares |
Rs.10/- each |
Rs.49.609
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
49.609 |
49.609 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
27.503 |
7.775 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
77.112 |
57.384 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
6.971 |
36.943 |
|
|
2] Unsecured Loans |
|
0.000 |
0.000 |
|
|
TOTAL BORROWING |
|
6.971 |
36.943 |
|
|
DEFERRED TAX LIABILITIES |
|
0.560 |
0.253 |
|
|
|
|
|
|
|
|
TOTAL |
|
84.643 |
94.580 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
6.934 |
6.136 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
11.752
|
14.764 |
|
|
Sundry Debtors |
|
33.911
|
38.043 |
|
|
Cash & Bank Balances |
|
0.907
|
4.798 |
|
|
Other Current Assets |
|
0.000
|
0.000 |
|
|
Loans & Advances |
|
22.966
|
28.848 |
|
Total
Current Assets |
|
69.536
|
86.453 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
9.463
|
3.218 |
|
|
Other Current Liabilities |
|
1.847
|
3.899 |
|
|
Provisions |
|
4.188
|
1.550 |
|
Total
Current Liabilities |
|
15.498
|
8.667 |
|
|
Net Current Assets |
|
54.038
|
77.786 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
23.671 |
10.658 |
|
|
|
|
|
|
|
|
TOTAL |
|
84.643 |
94.580 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
92.667 |
65.530 |
|
|
|
Other Income |
|
1.012 |
0.529 |
|
|
|
TOTAL (A) |
|
93.679 |
66.059 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Manufacturing Expenses |
|
59.436 |
34.413 |
|
|
|
Administrative and Selling
Expenses |
|
9.531 |
11.221 |
|
|
|
Product Development Expenses |
|
5.484 |
8.379 |
|
|
|
Increased / (Decreased) In stock |
|
(2.807) |
(0.420) |
|
|
|
TOTAL (B) |
|
71.644 |
53.593 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
|
22.035 |
12.466 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
1.363 |
2.612 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
20.672 |
9.854 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
0.584 |
0.191 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
|
20.088 |
9.663 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
|
0.360 |
1.888 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
|
19.728 |
7.775 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
|
7.775 |
0.000 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
|
27.503 |
7.775 |
|
KEY RATIOS
|
PARTICULARS |
|
|
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
|
21.06 |
11.77 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
|
21.68 |
14.74 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
|
26.27 |
10.44 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
|
0.26 |
0.17 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
|
0.29 |
0.79 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
4.49 |
9.97 |
LOCAL AGENCY FURTHER INFORMATION
|
Check
List by Info Agents |
Available
in Report (Yes / No) |
|
1)
Year of Establishment |
Yes |
|
2)
Locality of the firm |
Yes |
|
3)
Constitutions of the firm |
Yes |
|
4)
Premises details |
No |
|
5)
Type of Business |
Yes |
|
6)
Line of Business |
Yes |
|
7)
Promoter's background |
Yes |
|
8)
No. of employees |
No |
|
9)
Name of person contacted |
No |
|
10)
Designation of contact person |
No |
|
11)
Turnover of firm for last three years |
Yes |
|
12)
Profitability for last three years |
Yes |
|
13)
Reasons for variation <> 20% |
-- |
|
14)
Estimation for coming financial year |
Yes |
|
15)
Capital in the business |
Yes |
|
16)
Details of sister concerns |
Yes |
|
17)
Major suppliers |
No |
|
18)
Major customers |
No |
|
19)
Payments terms |
No |
|
20)
Export / Import details (if applicable) |
-- |
|
21)
Market information |
-- |
|
22)
Litigations that the firm / promoter involved in |
-- |
|
23)
Banking Details |
Yes |
|
24)
Banking facility details |
Yes |
|
25)
Conduct of the banking account |
-- |
|
26)
Buyer visit details |
-- |
|
27)
Financials, if provided |
Yes |
|
28)
Incorporation details, if applicable |
Yes |
|
29)
Last accounts filed at ROC |
Yes |
|
30)
Major Shareholders, if available |
Yes |
FORM 8:
|
Corporate identity number of the company |
U31400AP2009PTC063373 |
|
Name of the company |
GREEN ARK ENERSOL PRIVATE LIMITED |
|
Address of the registered office or of the
principal place of business in |
Plot No.8-2-293/82/L/353, Sri
Venkateshwara Colony, Mla Colony, Road.No-12, Banjara Hills, Hyderabad – 500034, Andhra Pradesh, India |
|
This form is for |
Creation of charge |
|
Type of charge |
Book Debts Movable Property |
|
Particular of charge holder |
Axis Bank Limited |
|
Nature of instrument creating charge |
Composite Hypothecation Deed |
|
Date of instrument Creating the charge |
18/01/2010 |
|
Amount secured by the charge |
Rs.75.000 Millions |
|
Brief of the principal terms an conditions
and extent and operation of the charge |
Rate of Interest Cash Credit=Bplr-2.25%=12.50% P.A. At
Present Inland Bills Purchase/Discounting=
Bplr-3.00%=11.75% P.A At Present LC Backed Bills Discounting=Bplr-3.50%=11.25%
P.A At Present Terms of Repayment On Demand Margin 25% On Stock and Book Debts. Extent and Operation of the charge Exlusive First Charge on The Current
Assets, Present And Future of The Company |
|
Short particulars of the property charged |
Current Assets, Movables, Plant and
Machinery |
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.54.87 |
|
|
1 |
Rs.86.46 |
|
Euro |
1 |
Rs.69.48 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
34 |
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.