1. Summary Information
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Country |
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Company Name |
INWIN INTERNATIONAL PRIVATE LIMITED |
Principal Name 1 |
Mr. Hitesh Karia |
|
Status |
New Company |
Principal Name 2 |
Mr. Vinay Vedi |
|
|
|
Registration # |
-- |
|
Street Address |
Swami Complex, Tigrania Road, Tapovan Bridge, Nashik-422011,
Maharashtra |
||
|
Established Date |
March 2012 |
SIC Code |
-- |
|
Telephone# |
91-253-2503969 |
Business Style 1 |
Manufacturer |
|
Fax # |
Not Available |
Business Style 2 |
Exporter |
|
Homepage |
-- |
Product Name 1 |
Eco Friendly Products |
|
# of employees |
9 [Approximately] |
Product Name 2 |
Energy Saving Products |
|
Paid up capital |
Rs.500,000/- |
Product Name 3 |
Health Products |
|
Shareholders |
Not Available |
Banking |
Karur Vysya Bank |
|
Public Limited Corp. |
No |
Business Period |
-- |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
NB |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
|
Invest& other Assets |
-- |
Retained Earnings |
-- |
|
|
|
Net Worth |
-- |
|
Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
-- |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
|
Report Date : |
26.05.2012 |
IDENTIFICATION DETAILS
|
Name : |
INWIN INTERNATIONAL PRIVATE LIMITED |
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|
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Registered
Office : |
Swami Complex, Tigrania Road, Tapovan Bridge, Nashik-422011,
Maharashtra |
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|
|
|
Country : |
India |
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|
Date of
Incorporation : |
March 2012 |
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Capital
Investment / Paid-up Capital : |
Rs.0.500 Million |
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|
|
|
Legal Form : |
Private Limited Liability
Company |
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|
|
|
Line of Business
: |
Manufacturer and Exporter of Eco Friendly Products, Energy Saving Products,
Health Products, Fuel Saving Products etc. |
|
|
|
|
No. of Employees
: |
9 [Approximately] |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Company |
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|
|
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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Comments : |
Subject is a new company and yet to complete its one full year of
operation as claimed by Mr. Vinay Vedi, Director, they have not yet received
CIN No. and they are expecting to get registered in the ROC in next week.
However, the company has started its commercial activities from March 2012.
Business is active. Payments are unknown. 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 |
|
Restricted |
C2 |
|
Off-credit |
D |
INFORMATION PARTED BY
|
Name : |
Mr. Vinay Vedi |
|
Designation : |
Director |
|
Contact No.: |
91-9420884682 |
|
Date : |
24.05.2012 |
LOCATIONS
|
Registered Office / Factory : |
Swami Complex, Tigrania Road, Tapovan Bridge, Nashik-422011,
Maharashtra, India |
|
Tel. No.: |
91-253-2503969 |
|
Mobile No.: |
91-9420884682 [Mr. Vinay Vedi] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area : |
1.25 acre |
|
Location : |
Owned |
DIRECTORS
|
Name : |
Mr. Hitesh Karia |
|
Designation : |
Director |
|
|
|
|
Name : |
Mr. Vinay Vedi |
|
Designation : |
Director |
|
|
|
|
Name : |
Mrs. Jayanti Vedi |
|
Designation : |
Director |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
NOT AVAILABLE
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Eco Friendly Products, Energy Saving
Products, Health Products, Fuel Saving Products etc. |
|
|
|
|
Exports : |
|
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Products : |
Eco Friendly Products |
|
Countries : |
·
Nepal ·
Bangladesh |
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|
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Imports : |
|
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Products : |
Finished Goods |
|
Countries : |
·
France ·
US ·
Germany ·
Italy |
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Terms : |
|
|
Selling : |
Cash and Credit |
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|
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
·
Econokit, France ·
Airmate Internation, US |
|
|
|
|
Customers : |
Wholesalers, Retailers and End Users ·
Agrawal and Company, Nepal |
|
|
|
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No. of Employees : |
9 [Approximately] |
|
|
|
|
Bankers : |
Karur Vysya Bank, Nashik Branch, Maharashtra, India |
|
|
|
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Banking
Relations : |
-- |
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|
|
Auditors : |
|
|
Name : |
S.M. Finance and Company Chartered Accountants |
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|
|
|
Associates/Subsidiaries : |
·
Swami Tiles Address: Swami Complex, Tigrania Road,
Tapovan Bridge, Nashik-422011, Maharashtra, India Line of Business: Manufacturer of Tiles |
CAPITAL STRUCTURE
Authorised Capital : Rs.1.000 Million
Issued, Subscribed & Paid-up Capital : Rs.0.500
Million
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW COMPANY
The above information has been parted by Mr. Vinay Vedi.
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 |
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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 |
|
6) Line of Business |
Yes |
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7) Promoter’s background |
No |
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8) No. of employees |
Yes |
|
9) Name of person contacted |
Yes |
|
10) Designation of contact person |
Yes |
|
11) Turnover of firm for last three years |
No |
|
12) Profitability for last three years |
No |
|
13) Reasons for variation <> 20% |
-- |
|
14) Estimation for coming financial year |
No |
|
15) Capital in the business |
Yes |
|
16) Details of sister concerns |
Yes |
|
17) Major suppliers |
Yes |
|
18) Major customers |
Yes |
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19) Payments terms |
Yes |
|
20) Export / Import details (if applicable) |
Yes |
|
21) Market information |
-- |
|
22) Litigations that the firm / promoter involved in |
-- |
|
23) Banking Details |
Yes |
|
24) Banking facility details |
No |
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25) Conduct of the banking account |
-- |
|
26) Buyer visit details |
-- |
|
27) Financials, if provided |
No |
|
28) Incorporation details, if applicable |
Yes |
|
29) Last accounts filed at ROC |
Yes |
|
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.56.29 |
|
|
1 |
Rs.88.25 |
|
Euro |
1 |
Rs.70.82 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Report Prepared
by : |
TPT |
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.