1. Summary Information
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Country |
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Company Name |
J K MINING CORPORATION LIMITED |
Principal Name 1 |
Mr. Yeshwant Baliram Pawar |
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Status |
Dormant |
Principal Name 2 |
Mr. Abhishek Yeshwant Pawar |
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|
|
Registration # |
03-007471 |
|
Street Address |
Vikas Bhavan, 3rd
Floor, Exhibition Road, Post Gandhi Maidan, Patna – 800001, Bihar, India |
||
|
Established Date |
18.09.1996 |
SIC Code |
-- |
|
Telephone# |
Not Available |
Business Style 1 |
Manufacturer |
|
Fax # |
Not Available |
Business Style 2 |
Supplier |
|
Homepage |
-- |
Product Name 1 |
Coal |
|
# of employees |
Not Divulged |
Product Name 2 |
Iron Ore |
|
Paid up capital |
Rs.300,000/- |
Product Name 3 |
Thermal Coal Mines |
|
Shareholders |
-- |
Banking |
Allahabad Bank |
|
Public Limited Corp. |
NO |
Business Period |
16 Years |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
C |
|
Related
Company |
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Relation
|
Country
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Company
Name |
CEO |
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|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
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|
Assets |
Liabilities |
||
|
Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
|
Invest& other Assets |
-- |
Retained Earnings |
-- |
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|
|
Net Worth |
-- |
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Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
-- |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
|
Report Date : |
24.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
J K MINING
CORPORATION LIMITED |
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|
|
|
Registered
Office : |
Vikas Bhavan, 3rd Floor, Exhibition Road, Post Gandhi
Maidan, Patna – 800001, Bihar |
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Country : |
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Date of
Incorporation : |
18.09.1996 |
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Com. Reg. No.: |
03-007471 |
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Capital
Investment / Paid-up Capital : |
Rs.0.300 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U00502JH1996PLC007471 |
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|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
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|
Line of Business
: |
Manufacturer and Supplier of
Coal, |
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|
|
|
No. of Employees
: |
Information declined by the management
|
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not recommended |
|
Status : |
Dormant |
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|
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
As per registrar of companies (ROC), the states of the company is shown
document. The management has not filed the financial of the company with the
government department of the company since its inception. The management
remain non-cooperative during own investigation. Payments are unknown. Initially, the company can be considered for business dealings on a
safe and 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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
INFORMATION DECLINED
Management Non-Cooperative
LOCATIONS
|
Registered Office : |
Vikas Bhavan, 3rd Floor, Exhibition Road, Post Gandhi
Maidan, Patna – 800001, Bihar, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
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E-Mail : |
DIRECTORS
|
Name : |
Mr. Abhishek
Yeshwant Pawar |
|
Designation : |
Director |
|
Address : |
B 18, Ashish
Pavan Baug Road, Malad (West), Mumbai – 400064, Maharashtra, India |
|
Date of Birth/Age : |
16.09.1983 |
|
Date of Appointment : |
03.05.2010 |
|
DIN No.: |
03008810 |
|
Name : |
Mr. Yeshwant
Baliram Pawar |
|
Designation : |
Director |
|
Address : |
B 18, Ashish
Pavan Baug Road, Malad (West), Mumbai – 400064, Maharashtra, India |
|
Date of Birth/Age : |
03.12.1945 |
|
Date of Appointment : |
03.05.2010 |
|
DIN No.: |
02879197 |
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 |
U10300BR1996PLC007471 |
J.K.
MINING CORPORATION LIMITED |
Director |
03-05-10 |
03-05-10 |
- |
Dormant |
NO |
|
2 |
U52190WB2011PTC159919 |
GREENHILL
VINIMAY PRIVATE LIMITED |
Director |
28-02-11 |
28-02-11 |
02-05-11 |
Active |
NO |
|
3 |
U10100MH2011PTC222373 |
POKTA
POWER PROJECT PRIVATE LIMITED |
Director |
26-09-11 |
26-09-11 |
- |
Active |
NO |
|
Name : |
Mr. J Kachhap |
|
Designation : |
Managing Director
|
|
Qualification : |
Graduate |
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|
|
|
Name : |
Mr. Rajesh Trekey
|
|
Designation : |
Director |
|
Qualification : |
Post Graduate |
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|
Name : |
Mr. Randhir Deo |
|
Designation : |
Director |
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Qualification : |
Graduate |
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|
Name : |
Mr. Lango
Rodriques |
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Designation : |
Director |
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Qualification : |
Graduate |
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Name : |
Mr. Lalitchand
Sett |
|
Designation : |
Director |
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Qualification : |
Graduate |
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|
Name : |
Mr. Dugan Oreya |
|
Designation : |
Director |
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Qualification
: |
Graduate |
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|
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
Not Available
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Supplier of
Coal, Iron Ore and Thermal Coal Mines
|
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management |
|
|
|
|
Bankers : |
Allahabad Bank,
Bangalore, Karnataka, India |
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Gupta Associates
and Company Chartered Accountants |
|
Address : |
Delhi, India |
CAPITAL STRUCTURE
Authorised
Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000000 |
Equity Shares |
Rs. 10/- each |
Rs. 50.000 Millions |
|
|
|
|
|
Issued,
Subscribed & Paid-up Capital : Rs. 0.300 Million
FINANCIAL DATA
[all figures are
in Rupees Millions]
Not Divulged
LOCAL AGENCY FURTHER INFORMATION
|
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 |
No |
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4) Premises details |
No |
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5) Type of Business |
Yes |
|
6) Line of Business• |
Yes |
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7) Promoter’s background |
Yes |
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8) No. of employees |
No |
|
9) Name of person contacted |
No |
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10) Designation of contact person |
No |
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11) Turnover of firm for last two years |
No |
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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 |
|
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15) Capital in the business |
Yes |
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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 |
No |
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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 |
-- |
|
23) Banking Details |
Yes |
|
24) Banking facility details |
No |
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25) Conduct of the banking account |
-- |
|
26) Buyer visit details |
-- |
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27) Financials, if provided |
No |
|
28) Incorporation details, if applicable |
Yes |
|
29) Last accounts filed at ROC |
No |
|
30) Major Shareholders, if available |
No |
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper payments
to government officials for engaging in prohibited transactions or with
designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.93 |
|
|
1 |
Rs.88.15 |
|
Euro |
1 |
Rs.70.88 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Report Prepared
by : |
BSN |
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.