MIRA
INFORM REPORT
|
Report Date : |
06.11.2012 |
Business
information report
- Summary Information
|
|
|
Country |
|
|
Company Name |
ASIAN COLOUR COATED ISPAT LIMITED |
Principal Name 1 |
Mr. Ram Kumar Aggarwal |
|
Status |
Good |
Principal Name 2 |
Mr. Pradeep Aggarwal |
|
|
|
Registration # |
55-132593 |
|
Street Address |
405, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi –
110001 |
||
|
Established Date |
02.02.2005 |
SIC Code |
-- |
|
Telephone# |
-- |
Business Style 1 |
Manufacturer |
|
Fax # |
-- |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Cold Rolled Coils |
|
|
# of employees |
150 (Approximately) |
Product Name 2 |
Galvanised Plain Coils |
|
Paid up capital |
Rs. 401,205,000/- |
Product Name 3 |
Colour Coated Coils |
|
Shareholders |
Bodies corporate – 78.77% Directors or
relatives of Directors – 21.23% |
Banking |
Axis Bank
Limited |
|
Public Limited Corp. |
No |
Business Period |
7 Years |
|
IPO |
No |
International Ins. |
- |
|
Public Enterprise |
No |
Rating |
A (64) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Associates
|
India
|
AGR Steel Strips Private Limited |
-- |
|
Note |
- |
||
- Summary Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
5,039,119,000 |
Current Liabilities |
274,383,000 |
|
Inventories |
3,101,694,000 |
Long-term Liabilities |
8,804,158,000 |
|
Fixed Assets |
1,365,161,000 |
Other Liabilities |
65,086,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
9,143,627,000 |
|
Invest& other Assets |
5,253,489,000 |
Retained Earnings |
4,866,011,000 |
|
|
|
Net Worth |
5,615,836,000 |
|
Total Assets |
14,759,463,000 |
Total Liab. & Equity |
14,759,463,000 |
|
Total Assets (Previous Year) |
9,563,749,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
17,474,845,000 |
Net Profit |
1,002,371,000 |
|
Sales(Previous yr) |
14,112,145,000 |
Net Profit(Prev.yr) |
835,086,000 |
IDENTIFICATION DETAILS
|
Name : |
ASIAN COLOUR COATED ISPAT LIMITED |
|
|
|
|
Registered
Office : |
405, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi –
110001 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
02.02.2005 |
|
|
|
|
Com. Reg. No.: |
55-132593 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 401.205 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U27105DL2005PLC132593 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELA15625B |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Galvanised and Pre-Painted Steel Products. |
|
|
|
|
No. of Employees
: |
150 ( Office + Factory) (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
A (64) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
USD 22460000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well established company having good track. It has
recorded healthy growth in its revenue from operations during 2011. There appear huge external borrowings recorded by the company.
However, trade relations are reported as decent. Business is active. Payments
are reported to be regular and as per commitments. The company can be considered good for 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 – June 30, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
India is developing into an open-market economy, yet traces
of its past autarkic policies remain. Economic liberalization, including industrial
deregulation, privatization of state-owned enterprises, and reduced controls on
foreign trade and investment, began in the early 1990s and has served to
accelerate the country's growth, which has averaged more than 7% per year since
1997. India's diverse economy encompasses traditional village farming, modern
agriculture, handicrafts, a wide range of modern industries, and a multitude of
services. Slightly more than half of the work force is in agriculture, but
services are the major source of economic growth, accounting for more than half
of India's output, with only one-third of its labor force. India has
capitalized on its large educated English-speaking population to become a major
exporter of information technology services and software workers. In 2010, the
Indian economy rebounded robustly from the global financial crisis - in large
part because of strong domestic demand - and growth exceeded 8% year-on-year in
real terms. However, India's economic growth in 2011 slowed because of persistently
high inflation and interest rates and little progress on economic reforms. High
international crude prices have exacerbated the government's fuel subsidy
expenditures contributing to a higher fiscal deficit, and a worsening current
account deficit. Little economic reform took place in 2011 largely due to
corruption scandals that have slowed legislative work. India's medium-term
growth outlook is positive due to a young population and corresponding low
dependency ratio, healthy savings and investment rates, and increasing
integration into the global economy. India has many long-term challenges that
it has not yet fully addressed, including widespread poverty, inadequate
physical and social infrastructure, limited non-agricultural employment
opportunities, scarce access to quality basic and higher education, and
accommodating rural-to-urban migration.
|
Source
: CIA |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
LOCATIONS
|
Registered Office : |
405, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi –
110001, India |
|
Tel No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
“Accil House” , 26P, Sector – 33, Gurgaon, Haryana, India |
|
Tel. No.: |
91-124-4516200 |
|
Fax No.: |
91-124-2808050 |
|
|
|
|
E-Mail : |
|
|
|
|
|
Factory : |
7 -12, Sector – 6, Bawal, District : Rewari, Haryana, India |
|
Tel. No.: |
91-1284-264300/03 |
|
Fax No.: |
91-1284-264298 |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Ram Kumar Aggarwal |
|
Designation : |
Director |
|
Address : |
1380, Sector 37, Faridabad-122001, Haryana, India |
|
Date of Birth/Age : |
23.03.1945 |
|
Date of Appointment : |
02.02.2005 |
|
DIN No.: |
00013145 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U74899DL1992PTC050675 |
AGR
STEEL STRIPS PRIVATE LIMITED |
Director |
10/03/2000 |
10/03/2000 |
Active |
NO |
|
2 |
U27105DL2005PLC132593 |
ASIAN
COLOUR COATED ISPAT LIMITED |
Director |
02/02/2005 |
02/02/2005 |
Active |
NO |
|
3 |
U70109DL2006PTC154880 |
SHIVIJ
INFRASTRUCTURE AND PROJECTS PRIVATE LIMITED |
Additional
director |
18/08/2007 |
18/08/2007 |
Active |
NO |
|
4 |
U55101DL2003PLC121747 |
ACCIL
HOSPITALITY LIMITED |
Director |
01/10/2008 |
01/10/2008 |
Active |
NO |
|
5 |
U45201DL2005PTC134485 |
NAYMAL
REALTORS PRIVATE LIMITED |
Additional
director |
30/03/2009 |
30/03/2009 |
Active |
NO |
|
6 |
U74120DL2008PTC185348 |
AAGMAN
TECHNO CONSULTANTS PRIVATE LIMITED |
Additional
director |
10/07/2009 |
10/07/2009 |
Active |
NO |
|
7 |
U74140DL2008PTC185622 |
CHIRANJIV
COMMERCIAL CONSULTANTS PRIVATE LIMITED |
Additional
director |
10/07/2009 |
10/07/2009 |
Active |
NO |
|
8 |
U27100DL2010PLC203808 |
ACCIL
ISPAT AND POWER LIMITED |
Director |
08/06/2010 |
08/06/2010 |
Active |
NO |
|
9 |
U70200DL2008PTC185516 |
LOCUS
INFRASTRUCTURE PRIVATE LIMITED |
Additional
director |
14/07/2010 |
14/07/2010 |
Active |
NO |
|
10 |
U51397DL2008PTC185375 |
AAGMAN
IMPEX PRIVATE LIMITED |
Additional
director |
15/07/2010 |
15/07/2010 |
Active |
NO |
|
11 |
U45400DL2008PTC184950 |
MAHARAJA
INFRATECH PRIVATE LIMITED |
Additional
director |
15/07/2010 |
15/07/2010 |
Active |
NO |
|
12 |
U65999RJ1991PLC029752 |
ACCIL
CORPORATION LIMITED |
Additional
director |
09/08/2010 |
09/08/2010 |
Active |
NO |
|
13 |
U55101DL2011PLC216868 |
ACCIL
HOTELS AND RESORTS LIMITED |
Director |
01/04/2011 |
01/04/2011 |
Active |
NO |
|
14 |
U28999DL1975PLC007879 |
ACCIL
STEELS LIMITED |
Director |
25/09/2012 |
20/03/2012 |
Active |
NO |
|
Name : |
Mr. Pradeep Aggarwal |
|
Designation : |
Director |
|
Address : |
1380, Sector 37, Faridabad-122001, Haryana, India |
|
Date of Birth/Age : |
28.10.1970 |
|
Date of Appointment : |
02.02.2005 |
|
DIN No.: |
00013159 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U74899DL1992PTC050675 |
AGR
STEEL STRIPS PRIVATE LIMITED |
Director |
10/03/2000 |
10/03/2000 |
- |
Active |
NO |
|
2 |
U27105DL2005PLC132593 |
ASIAN
COLOUR COATED ISPAT LIMITED |
Director |
02/02/2005 |
02/02/2005 |
- |
Active |
NO |
|
3 |
U55101DL2003PLC121747 |
ACCIL
HOSPITALITY LIMITED |
Managing
director |
01/04/2011 |
01/10/2008 |
- |
Active |
NO |
|
4 |
U45201DL2006PTC146895 |
EXPERT
TOWNSHIP PRIVATE LIMITED |
Director |
29/09/2009 |
26/12/2008 |
- |
Active |
NO |
|
5 |
U74140DL2008PTC185366 |
BHAGIRATH
CORPORATE ADVISOR PRIVATE LIMITED |
Additional
director |
10/07/2009 |
10/07/2009 |
- |
Active |
NO |
|
6 |
U51909DL2008PTC185426 |
GIROMANI
EXIM PRIVATE LIMITED |
Additional
director |
10/07/2009 |
10/07/2009 |
- |
Active |
NO |
|
7 |
U93000DL2009PTC196542 |
PARSHAVNATH
MEDIA PRIVATE LIMITED |
Additional
director |
15/03/2010 |
15/03/2010 |
- |
Active |
NO |
|
8 |
U27100DL2010PLC203808 |
ACCIL
ISPAT AND POWER LIMITED |
Director |
08/06/2010 |
08/06/2010 |
- |
Active |
NO |
|
9 |
U45400DL2008PTC172770 |
VIABLE
ANALYTICAL TECHNOLOGY PRIVATE LIMITED |
Additional
director |
15/07/2010 |
15/07/2010 |
- |
Active |
NO |
|
10 |
U01119DL2008PTC185382 |
OSCAR
AGRICULTURE PRIVATE LIMITED |
Additional
director |
15/07/2010 |
15/07/2010 |
- |
Active |
NO |
|
11 |
U63090DL2008PTC172321 |
HOME
COZINESS TOURS AND TRAVELS PRIVATE LIMITED |
Additional
director |
16/07/2010 |
16/07/2010 |
- |
Active |
NO |
|
12 |
U65999RJ1991PLC029752 |
ACCIL
CORPORATION LIMITED |
Managing
director |
01/04/2011 |
09/08/2010 |
- |
Active |
NO |
|
13 |
U72900DL2009PTC195974 |
ORCHID
INFO SOLUTION PRIVATE LIMITED |
Additional
director |
10/08/2010 |
10/08/2010 |
25/08/2011 |
Active |
NO |
|
14 |
U72300DL2009PTC195777 |
KARNAK
INFOTECH PRIVATE LIMITED |
Additional
director |
10/08/2010 |
10/08/2010 |
- |
Active |
NO |
|
15 |
U55101DL2011PLC216868 |
ACCIL
HOTELS AND RESORTS LIMITED |
Director |
01/04/2011 |
01/04/2011 |
- |
Active |
NO |
|
16 |
U51909DL2009PTC195872 |
TEASEL
IMPEX PRIVATE LIMITED |
Director |
27/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
17 |
U72300DL2009PTC196040 |
SAKURA
INFO SOLUTION PRIVATE LIMITED |
Director |
29/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
18 |
U52390DL2009PTC195733 |
KARNAK
TRADERS PRIVATE LIMITED |
Director |
27/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
19 |
U51909DL2009PTC195874 |
AMY
TRADERS PRIVATE LIMITED |
Director |
27/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
20 |
U55101DL2011PLC224155 |
ACCIL
INTERNATIONAL TOURISM LIMITED. |
Director |
25/08/2011 |
25/08/2011 |
- |
Active |
NO |
|
21 |
U45201DL2005PTC134485 |
NAYMAL
REALTORS PRIVATE LIMITED |
Director |
27/09/2012 |
15/10/2011 |
- |
Active |
NO |
|
22 |
U28999DL1975PLC007879 |
ACCIL
Steels Limited |
Director |
25/09/2012 |
20/01/2012 |
- |
Active |
NO |
|
23 |
U27100DL2012PTC243396 |
ACCIL
AUTO STEELS PRIVATE LIMITED |
Director |
09/10/2012 |
09/10/2012 |
- |
Active |
NO |
|
24 |
U27100DL2012PTC243442 |
ACCIL
STEEL AND TUBES PRIVATE LIMITED |
Director |
10/10/2012 |
10/10/2012 |
- |
Active |
NO |
|
Name : |
Mr. Vikas Aggarwal |
|
Designation : |
Director |
|
Address : |
1380, Sector 37, Faridabad-122001, Haryana, India |
|
Date of Birth/Age : |
14.05.1972 |
|
Date of Appointment : |
02.02.2005 |
|
DIN No.: |
00014631 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U74899DL1992PTC050675 |
AGR
STEEL STRIPS PRIVATE LIMITED |
Director |
08/02/2000 |
08/02/2000 |
- |
Active |
NO |
|
2 |
U27105DL2005PLC132593 |
ASIAN
COLOUR COATED ISPAT LIMITED |
Managing
director |
01/04/2011 |
02/02/2005 |
- |
Active |
NO |
|
3 |
U55101DL2003PLC121747 |
ACCIL
HOSPITALITY LIMITED |
Director |
01/10/2008 |
01/10/2008 |
- |
Active |
NO |
|
4 |
U45201DL2006PTC146895 |
EXPERT
TOWNSHIP PRIVATE LIMITED |
Director |
29/09/2009 |
26/12/2008 |
- |
Active |
NO |
|
5 |
U93030DL2008PTC185351 |
MOKSH
LOGISTICS PRIVATE LIMITED |
Additional
director |
10/07/2009 |
10/07/2009 |
- |
Active |
NO |
|
6 |
U52300DL2008PTC185408 |
JAIVEER
TRADE LINKS PRIVATE LIMITED |
Director |
25/09/2009 |
10/07/2009 |
- |
Active |
NO |
|
7 |
U93000DL2009PTC196542 |
PARSHAVNATH
MEDIA PRIVATE LIMITED |
Additional
director |
15/03/2010 |
15/03/2010 |
- |
Active |
NO |
|
8 |
U27100DL2010PLC203808 |
ACCIL
ISPAT AND POWER LIMITED |
Director |
08/06/2010 |
08/06/2010 |
- |
Active |
NO |
|
9 |
U74140DL2008PTC181877 |
NILE
COMMERCIAL CONSULTANTS PRIVATE LIMITED |
Additional
director |
14/07/2010 |
14/07/2010 |
- |
Active |
NO |
|
10 |
U17121DL2008PTC181697 |
FUN
VISION FABRIC PRIVATE LIMITED |
Additional
director |
16/07/2010 |
16/07/2010 |
- |
Active |
NO |
|
11 |
U74140DL2008PTC181924 |
U&I
CONSULTANTS PRIVATE LIMITED |
Additional
director |
16/07/2010 |
16/07/2010 |
- |
Active |
NO |
|
12 |
U65999RJ1991PLC029752 |
ACCIL
CORPORATION LIMITED |
Additional
director |
09/08/2010 |
09/08/2010 |
- |
Active |
NO |
|
13 |
U72900DL2009PTC195974 |
ORCHID
INFO SOLUTION PRIVATE LIMITED |
Additional
director |
10/08/2010 |
10/08/2010 |
25/08/2011 |
Active |
NO |
|
14 |
U72300DL2009PTC195777 |
KARNAK
INFOTECH PRIVATE LIMITED |
Additional
director |
10/08/2010 |
10/08/2010 |
- |
Active |
NO |
|
15 |
U55101DL2011PLC216868 |
ACCIL
HOTELS AND RESORTS LIMITED |
Director |
01/04/2011 |
01/04/2011 |
- |
Active |
NO |
|
16 |
U72300DL2009PTC196040 |
SAKURA
INFO SOLUTION PRIVATE LIMITED |
Director |
29/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
17 |
U70102DL2009PTC191138 |
RHONE
ASSOCIATES PRIVATE LIMITED |
Director |
27/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
18 |
U65923DL2009PTC195788 |
ORCHID
ASSOCIATES PRIVATE LIMITED |
Director |
27/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
19 |
U65191DL2009PTC195876 |
ADRENT
ASSOCIATES PRIVATE LIMITED |
Director |
27/09/2011 |
05/08/2011 |
- |
Active |
NO |
|
20 |
U55101DL2011PLC224155 |
ACCIL
INTERNATIONAL TOURISM LIMITED. |
Director |
25/08/2011 |
25/08/2011 |
- |
Active |
NO |
|
21 |
U45201DL2005PTC134485 |
NAYMAL
REALTORS PRIVATE LIMITED |
Director |
27/09/2012 |
15/10/2011 |
- |
Active |
NO |
|
22 |
U72200DL2005PTC142789 |
B.N.
COMPUTERS PRIVATE LIMITED |
Additional
director |
01/12/2011 |
01/12/2011 |
- |
Active |
NO |
|
23 |
U28999DL1975PLC007879 |
ACCIL
STEELS LIMITED |
Director |
25/09/2012 |
20/01/2012 |
- |
Active |
NO |
|
24 |
U27100DL2012PTC243396 |
ACCIL
AUTO STEELS PRIVATE LIMITED |
Director |
09/10/2012 |
09/10/2012 |
- |
Active |
NO |
|
25 |
U27100DL2012PTC243442 |
ACCIL
STEEL AND TUBES PRIVATE LIMITED |
Director |
10/10/2012 |
10/10/2012 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
|
Names of Shareholders |
No. of Shares |
|
Archna Aggarwal |
851600 |
|
Agr Steel Stripes Private Limited, India |
5838400 |
|
BDG Portfoils Private Limited, India |
16666 |
|
Kamlesh Devi Aggarwal |
1293600 |
|
Pradeep Aggarwal |
2145600 |
|
Ram Kumar Aggarwal |
770100 |
|
Sapna Aggarwal |
965000 |
|
Vikas Aggarwal |
1817600 |
|
Aagam Techno Consultants Private Limited, India |
1472500 |
|
Bhagirath Corporate Advisors Private Limited, India |
1790000 |
|
Chiranjiv Commercial Consultants Private Limited, India |
1679500 |
|
Giromani Exim Private Limited, India |
2018500 |
|
Jaiveer Trade Links Private Limited, India |
1613500 |
|
Moksh Logistics Private Limited, India |
1579000 |
|
Shivij Infrastructure and Projects Private Limited, India |
330000 |
|
Ankit Infoweb Private Limited, India |
1896464 |
|
TTJ Impex Private Limited, India |
2806161 |
|
Proactive Telecommunication Private Limited, India |
3452675 |
|
Ujval Networks Private Limited, India |
2116892 |
|
Jeet Collections Private Limited, India |
1648500 |
|
Morgan Tradex Private Limited, India |
85000 |
|
Inventive Bio Energy Solution Private Limited, India |
467000 |
|
Jingle Consultancy Services Private Limited, India |
150000 |
|
Logas Impex Private Limited, India |
150000 |
|
TOTAL
|
36954258 |
AS ON 10.09.2012
|
Names of Allottees |
No. of Shares |
|
Logas Impex Private Limited, India |
242850 |
|
Morgan Tradex Private Limited, India |
142855 |
|
Jingle Consultancy Services Private Limited, India |
642855 |
|
ATJ Impex Private Limited, India |
114285 |
|
Clubseven Consultants Limited, India |
857140 |
|
Combiseven Consultants Limited, India |
1220000 |
|
Gloria Commercial Consultancy Services Private Limited, India |
82850 |
|
Monetree E-Services Private Limited, India |
214285 |
|
Moon Light Consultancy Private Limited, India |
208570 |
|
Navjay Consultants Private Limited, India |
474285 |
|
Nirvana Lifestyle Private Limited, India |
71425 |
|
Shrumdeep Consultants Limited, India |
1514285 |
|
Splendor Constructions Private Limited, India |
1071425 |
|
TOTAL
|
6857110 |
AS ON 22.06.2012
|
Names of Allottees |
No. of Shares |
|
Jeet Collections Private Limited, India |
14285 |
|
Morgan Tradex Private Limited, India |
671425 |
|
Ujval Networks Private Limited, India |
71425 |
|
Jingle Consultancy Services Private Limited, India |
371425 |
|
Artsy Infrastructure and Projects Private Limited, India |
271425 |
|
Sanchi Infratech Private Limited, India |
642855 |
|
Coral Impex Private Limited, India |
600000 |
|
TOTAL
|
2642840 |
AS ON 30.03.2012
|
Names of Allottees |
No. of Shares |
|
ATJ Impex Private Limited, India |
120600 |
|
Ankit Infoweb Private Limited, India |
13300 |
|
Coral Impex Private Limited, India |
13300 |
|
Hermes Education Solutions Private Limited, India |
10000 |
|
Inventive Bio Energy Solution Private Limited, India |
133300 |
|
Jeet Collections Private Limited, India |
122000 |
|
Keshav Consultancy Services Private Limited, India |
104000 |
|
Nirvana Lifestyle Private Limited, India |
133300 |
|
Nitya Infotech Private Limited, India |
130000 |
|
Morgan Tradex Private Limited, India |
50000 |
|
Proactive Telecommunications Private Limited, India |
313300 |
|
Regal Tradelink Private Limited, India |
330000 |
|
Ujval Networks Private Limited, India |
243300 |
|
TTJ Impex Private Limited, India |
96600 |
|
TOTAL
|
1813000 |
AS ON 31.12.2011
|
Names of Allottees |
No. of Shares |
|
Ankit Infoweb Private Limited, India |
60000 |
|
ATJ Impex Private Limited, India |
113300 |
|
Coral Impex Private Limited, India |
26500 |
|
Ebonics Consultancy Services Private Limited, India |
90000 |
|
Inventive Bio Energy Solution Private Limited, India |
213000 |
|
Jeet Collections Private Limited, India |
1800800 |
|
Jingle Consultancy Services Private Limited, India |
46000 |
|
Keshav Consultancy Services Private Limited, India |
13000 |
|
Logas Impex Private Limited, India |
233000 |
|
Morgan Tradex Private Limited, India |
500000 |
|
Nirvana Lifestyle Private Limited, India |
250000 |
|
Nitya Infotech Private Limited, India |
632500 |
|
Proactive Telecommunications Private Limited, India |
373000 |
|
TTJ Impex Private Limited, India |
97000 |
|
Ujval Networks Private Limited, India |
325000 |
|
TOTAL
|
4773100 |
AS ON 30.09.2011
|
Equity Shares Break
Up |
Percentage of
Holding |
|
Bodies corporate |
78.77 |
|
Directors or relatives of Directors |
21.23 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Galvanised and Pre-Painted Steel Products. |
|
|
|
|
Products : |
GENERAL INFORMATION
|
No. of Employees : |
150 ( Office + Factory) (Approximately) |
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Bankers : |
·
Axis Bank Limited, 4/10, OPG House, Asaf Ali
Road, New Delhi-110002, India ·
State Bank of Patiala, Commercial Branch,
Chandralok Building, 36, Janpath, New Delhi-110001, India |
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Anil Saransh and Company Chartered Accountant |
|
Address : |
FF-46, Narayan Place, Mangal Bazar Road, Laxmi Nagar, Delhi-110092, India
|
|
PAN No.: |
AANPM8727B |
|
|
|
|
Associates : |
·
AGR Steel Strips Private Limited ·
Shivij Infrastructure Private Limited ·
Tapasaya Hotels And Resorts Limited |
CAPITAL STRUCTURE
AFTER 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000000 |
Equity Shares |
Rs.10/- each |
Rs. 500.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
36954258 |
Equity Shares |
Rs.10/- each |
Rs. 369.543
Millions |
|
|
|
|
|
AS ON 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000000 |
Equity Shares |
Rs.10/- each |
Rs. 500.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
40120500 |
Equity Shares |
Rs.10/- each |
Rs. 401.205
Millions |
|
|
|
|
|
AS ON 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
60000000 |
Equity Shares |
Rs.10/- each |
Rs. 600.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
53040308 |
Equity Shares |
Rs.10/- each |
Rs. 530.403
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
401.205 |
307.732 |
271.717 |
|
|
2] Share Application Money |
348.620 |
449.850 |
0.000 |
|
|
3] Reserves & Surplus |
4866.011 |
3022.383 |
1863.162 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
5615.836 |
3779.965 |
2134.879 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
8704.158 |
5427.996 |
4075.808 |
|
|
2] Unsecured Loans |
100.000 |
100.000 |
100.000 |
|
|
TOTAL BORROWING |
8804.158 |
5527.996 |
4175.808 |
|
|
DEFERRED TAX LIABILITIES |
65.086 |
63.915 |
52.817 |
|
|
|
|
|
|
|
|
TOTAL |
14485.080 |
9371.876 |
6363.504 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
1365.161 |
1507.728 |
1556.530 |
|
|
Capital work-in-progress |
5202.168 |
340.353 |
251.214 |
|
|
Advance Against Capital Goods |
0.000 |
1027.857 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
51.041 |
27.498 |
0.510 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
3101.694
|
2610.835
|
1849.993 |
|
|
Sundry Debtors |
4380.455
|
3559.404
|
2572.244 |
|
|
Cash & Bank Balances |
408.435
|
220.582
|
136.148 |
|
|
Other Current Assets |
0.000
|
0.000
|
0.000 |
|
|
Loans & Advances |
250.229
|
269.165
|
172.134 |
|
Total
Current Assets |
8140.813
|
6659.986 |
4730.519 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
134.134
|
80.741
|
|
|
|
Other Current Liabilities |
140.249
|
111.132
|
|
|
|
Provisions |
0.000
|
0.000
|
0.000 |
|
Total
Current Liabilities |
274.383
|
191.873 |
175.643 |
|
|
Net Current Assets |
7866.430
|
6468.113
|
4554.876 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.280 |
0.327 |
0.374 |
|
|
|
|
|
|
|
|
TOTAL |
14485.080 |
9371.876 |
6363.504 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
17474.845 |
14112.145 |
10472.603 |
|
|
|
Other Income |
172.690 |
133.131 |
116.306 |
|
|
|
TOTAL (A) |
17647.535 |
14245.276 |
10588.909 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Consumption Materials Changes Inventories |
13258.180 |
10894.094 |
7976.386 |
|
|
|
Manufacturing Expenses |
1838.343 |
1580.839 |
1490.761 |
|
|
|
Employees Related Expenses |
47.741 |
0.000 |
0.000 |
|
|
|
Administrative and Selling Expenses |
174.410 |
77.997 |
75.512 |
|
|
|
Personal Expenses |
0.000 |
39.417 |
29.640 |
|
|
|
Increase in Finished Stock and work in progress |
0.000 |
(362.916) |
(524.282) |
|
|
|
TOTAL (B) |
15318.674 |
12229.431 |
9048.017 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
2328.861 |
2015.845 |
1540.892 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
624.836 |
569.773 |
421.298 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
1704.025 |
1446.072 |
1119.594 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
184.246 |
180.091 |
153.114 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
1519.779 |
1265.981 |
966.480 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
517.408 |
430.895 |
128.380 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
1002.371 |
835.086 |
838.100 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
2089.047 |
1253.961 |
415.861 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
3091.418 |
2089.047 |
1253.961 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
24.98 |
27.13 |
30.84 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
5.68
|
5.86
|
7.91 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
8.70
|
8.97
|
9.22 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
15.99
|
15.50
|
15.37 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.27
|
0.33
|
0.45 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.63
|
1.51
|
2.04 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
29.67
|
34.71
|
26.93 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
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 |
Yes |
|
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 |
No |
|
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) |
No |
|
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 |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
NOTE
Registered office has
been shifted from 403, Nirmal
Tower, 26, Barakhamba Road, Connaught Place, New Delhi – 110001, India to the
present address w.e.f. 16.07.2012
FORM 8
|
Corporate
identity number of the company |
U27105DL2005PLC132593 |
|
Name of the
company |
ASIAN COLOUR COATED ISPAT LIMITED |
|
Address of the
registered office or of the principal place of business in |
405, Nirmal Tower, 26, Barakhamba Road,
Connaught Place, New Delhi – 110001, India Email Id : saurabhfcs@gmail.com |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Book
debts ·
Movable
property (not being pledge) |
|
Particular of
charge holder |
State Bank of Patiala, Commercial Branch, Chandralok Building, 36,
Janpath, New Delhi-110001, India |
|
Nature of
instrument creating charge |
Joint Deed Of
Hypothecation |
|
Date of
instrument Creating the charge |
27.07.2012 |
|
Amount secured by
the charge |
Rs. 17600.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest As per respective
sanction letter of member banks. Terms of repayment As per respective
sanction letter of member banks. Margin As per respective
sanction letter of member banks. Extent and operation of the charge As per respective
sanction letter of member banks. Other The Above Is To
Secure The Following :- (Rs. In Millions) SBOP – 2460.000, AB
- 500.000 , Andhra bank - 1500.000, BOB - 1500.000, Dena Bank - 1250.0000, IOB -
2350.000, Karnataka Bank Limited-
680.000, The Nainital Bank Limited -
150.000, SBBJ - 610.000, SBI -
2390.000, SBH - 1420.000, SBM - 890.000 , UBI - 1900.000 |
|
Short particulars
of the property charged (Including location of the property) |
Hypothecation By
Way of First Charge Over Current Assets, Including, Borrower's Cash And Bank
Balances, Investments (of Which Return of Principal Is Guaranteed), Advanced
Paid, Raw Materials, Finished and Semi Finished Goods, Consumable Stores,
Stock In Process, Bills of Lading, Airways Bills, Railway Receipts (Rr),
Goods Receipts (Gr), Motor Transport Receipts (Mtr) or Such Other Receipts (Issued
By Approval Carriers Carrying Consignment Of Raw Materials/Consumable Stores
and Spares), Irrevocable Letter of Credit, Receivables, Book Debts and
Consumable Stores and Include Any Money Owing To It and Payable on Demand or
Within 1 Year From The Date of Computation, In Whatsoever Currency
Denominated or As Otherwise Defined / Classified By The Guild Lines of The
RBI From Time To Time In Force or Any Other Applicable Law, and First Charge
By Way of Hypothecation of Profits of Borrower, Present and Future, After
Provision For (I) Taxation and Dividend (If Applicable), (Ii) Repayment of
Installments Under The Term Loan Financing Documentation (iii) Granted /
Deferred Payment Guarantees Executed By The Relevant Financiers of The
Borrower and (Iv) Other Payment Obligations of The Borrower and Second Charge
By Way of Hypothecation, Inter Alia, on All The Moveable Fixed Assets (Except
Current Assets) Including, But Not Limited To, Plant And Machinery, Machinery
Spares, Tools And Accessories of The Borrower, Wherever In The Possession of
The Borrower. |
FIXED ASSETS
·
Land
·
Building
·
Plant and Machineries
·
Vehicles
·
Furniture and Fixtures
·
Computers
·
Office Equipments
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 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. 54.07 |
|
|
1 |
Rs. 86.68 |
|
Euro |
1 |
Rs. 69.36 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
8 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
8 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
8 |
|
--LEVERAGE |
1~10 |
8 |
|
--RESERVES |
1~10 |
8 |
|
--CREDIT LINES |
1~10 |
8 |
|
--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 |
YNO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
64 |
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.