MIRA
INFORM REPORT
|
Report Date : |
06.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
YORK PRINT PRIVATE LIMITED |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation : |
10.01.2002 |
|
|
|
|
Com. Reg. No.: |
21-006726 |
|
|
|
|
Capital Investment / Paid-up Capital : |
Rs.20.873
Millions |
|
|
|
|
CIN No.: [Company
Identification No.] |
U21029ML2002PTC006726 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
SHLY00013G |
|
|
|
|
PAN No.: [Permanent
Account No.] |
AAACY1547R |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacturer of Printed Cartons. |
|
|
|
|
No. of Employees : |
120 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (49) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 1020000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. Trade
relations are reported as fair. Business is active. Payments are reported to
be usually correct and as per commitments. The company can be considered normal 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 / Factory 1 : |
G.S. Road, 9th Mile, Maridua, P.O. Amerigag, District
Ri-Bhoi-781023, Meghalaya, India |
|
Tel. No.: |
91-361-2896697 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Location : |
Owned |
|
|
|
|
Corporate Office
: |
23A, NSRD, 7th Floor, Room No. 10, Kolkata-700001, West
Bengal, India |
|
|
|
|
Admin Office : |
Behind Sohum Shoppe, Eastern Roadways Compound, G.S. Road, Christian Basti, Guwahati, Assam, India |
|
|
|
|
Sales Office : |
S/13, Raj Cresent, Royal Complex, Eksar Road, Borivali (West),
Mumbai-400092, Maharashtra, India |
|
Tel. No.: |
91-22-28917614/12783 |
|
Fax No.: |
91-22-28336501 |
|
|
|
|
Factory 2 : |
Located at Dewduar, Kamrup-781101, District Assam, India |
DIRECTORS
AS ON 30.09.2011
|
Name : |
Mr. Anil Kumar Mehra |
|
Designation : |
Director |
|
Address : |
B G 40, |
|
Date of Birth/Age : |
07.12.1955 |
|
Date of Appointment : |
10.01.2002 |
|
DIN No.: |
00768815 |
Other Directorship
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of
appointment at current designation |
Original date of
appointment |
Company Status |
Defaulting
status |
|
1 |
U21099WB1989PTC047760 |
|
Director |
24-10-89 |
24-10-89 |
Active |
NO |
|
2 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
10-01-02 |
10-01-02 |
Active |
NO |
|
|
|
|
Name : |
Mr. |
|
Designation : |
Director |
|
Address : |
B G 40, |
|
Date of Birth/Age : |
09.05.1953 |
|
Date of Appointment : |
07.05.2008 |
|
DIN No.: |
00768852 |
Other Directorship
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of
appointment at current designation |
Original date of
appointment |
Company Status |
Defaulting
status |
|
1 |
U21099WB1989PTC047760 |
|
Director |
24-10-89 |
24-10-89 |
Active |
NO |
|
2 |
U21014WB1994PTC066189 |
U V Coaters
Private Limited |
Director |
29-11-94 |
29-11-94 |
Active |
NO |
|
3 |
U22219WB1996PTC078997 |
Wide Angle Packaging
System Private Limited |
Director |
02-04-96 |
02-04-96 |
Active |
NO |
|
4 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
07-05-08 |
07-05-08 |
Active |
NO |
|
|
|
|
Name : |
Mr. Manoharlal Mehra |
|
Designation : |
Director |
|
Address : |
B G 40, |
|
Date of Birth/Age : |
01.11.1953 |
|
Date of Appointment : |
15.09.2004 |
|
DIN No.: |
00769302 |
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 |
U21099WB1989PTC047760 |
|
Director |
24-10-89 |
24-10-89 |
- |
Active |
NO |
|
2 |
U21014WB1994PTC066189 |
U V Coaters
Private Limited |
Director |
12-07-95 |
12-07-95 |
- |
Active |
NO |
|
3 |
U22219WB1996PTC078997 |
Wide Angle
Packaging System Private Limited |
Director |
01-04-97 |
01-04-97 |
01-11-10 |
Active |
NO |
|
4 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
15-09-04 |
15-09-04 |
- |
Active |
NO |
|
|
|
|
Name : |
Mr. Amit Kumar Mehra |
|
Designation : |
Director |
|
Address: |
P-201, |
|
Date of Appointment : |
15.09.2004 |
|
DIN No.: |
00772842 |
Other Directorship
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of
appointment at current designation |
Original date of
appointment |
Company Status |
Defaulting
status |
|
1 |
U21099WB1989PTC047760 |
|
Director |
24-10-89 |
24-10-89 |
Active |
NO |
|
2 |
U21014WB1994PTC066189 |
U V Coaters
Private Limited |
Director |
29-11-94 |
29-11-94 |
Active |
NO |
|
3 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
15-09-04 |
15-09-04 |
Active |
NO |
|
|
|
|
Name : |
Mr. Ashim Kumar Mehra |
|
Designation : |
Director |
|
Address : |
B G 40, |
|
Date of Appointment : |
15.09.2004 |
|
DIN No.: |
00798351 |
Other Directorship
|
S.No. |
CIN |
Name of the
Company |
Current
designation of the director |
Date of
appointment at current designation |
Original date of
appointment |
Company Status |
Defaulting
status |
|
1 |
U21099WB1989PTC047760 |
|
Director |
24-10-89 |
24-10-89 |
Active |
NO |
|
2 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
15-09-04 |
15-09-04 |
Active |
NO |
|
3 |
U74950ML2004PTC007363 |
Oxford Packaging
Private Limited |
Director |
01-04-05 |
01-04-05 |
Active |
YES |
|
4 |
U21029WB2002PTC094982 |
York Cards
Private Limited |
Director |
30-09-09 |
25-07-09 |
Strike off |
NO |
|
5 |
U22219WB1996PTC078997 |
Wide Angle
Packaging System Private Limited |
Director |
29-09-11 |
01-11-10 |
Active |
NO |
|
|
|
|
Name : |
Mr. Rajeev Kumar Kataruka |
|
Designation : |
Director |
|
Address : |
|
|
Date of Birth/Age : |
31.01.1965 |
|
Date of Appointment : |
10.01.2002 |
|
DIN No.: |
00826617 |
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 |
U51909WB1999PTC090637 |
Jagdamba Impex
Private Limited |
Director |
24-11-99 |
24-11-99 |
- |
Active |
NO |
|
2 |
U17297WB1997PTC084638 |
Comfort
Synthetics Private Limited |
Director |
03-08-00 |
03-08-00 |
03-12-10 |
Active |
NO |
|
3 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
10-01-02 |
10-01-02 |
- |
Active |
NO |
|
4 |
U70101WB2005PTC102185 |
Ganpati Mansion
Private Limited |
Director |
10-03-05 |
10-03-05 |
15-07-08 |
Active |
NO |
|
5 |
U45400WB2005PTC106400 |
Shree Guru
Realtors Private Limited |
Director |
29-11-05 |
29-11-05 |
- |
Active |
NO |
|
6 |
U22219WB1980PLC033111 |
Graphitech India
Limited |
Director |
28-12-06 |
28-12-06 |
19-05-09 |
Active |
NO |
|
7 |
U70101WB2004PTC098720 |
Siddhi Vinayak
Developers Private Limited |
Director |
05-02-07 |
05-02-07 |
08-12-07 |
Active |
NO |
|
8 |
U74900WB2005PTC102186 |
Baba Bhoothnath Commex
Private Limited |
Director |
05-02-07 |
05-02-07 |
08-12-07 |
Active |
NO |
|
9 |
U01409WB2005PTC103046 |
Vidhi Farming
Private Limited |
Director |
02-03-07 |
02-03-07 |
08-12-07 |
Active |
NO |
|
10 |
U22219WB1996PTC078997 |
Wide Angle Packaging
System Private Limited |
Whole-time
director |
29-09-08 |
29-03-08 |
- |
Active |
NO |
|
11 |
U01409WB2006PTC109525 |
Utkarsh
Horticulture Private Limited |
Director |
15-07-08 |
15-07-08 |
- |
Active |
NO |
|
12 |
U51909WB2007PTC120719 |
Indigo Tie-Up
Private Limited |
Director |
16-03-10 |
16-03-10 |
- |
Active |
NO |
|
13 |
U51909WB2010PTC154880 |
Mangalkamna
Tradelink Private Limited |
Director |
29-09-11 |
25-11-10 |
- |
Active |
NO |
|
14 |
U51909WB2010PTC154869 |
Ganeshvani
Commercial Private Limited |
Director |
30-09-11 |
25-11-10 |
- |
Active |
NO |
|
|
|
|
Name : |
Mr. Manoranjan Singh |
|
Designation : |
Director |
|
Address : |
5-7A, |
|
Date of Birth/Age : |
01.11.1953 |
|
Date of Appointment : |
15.09.2004 |
|
DIN No.: |
01470953 |
|
|
|
|
Name : |
Mr. Vicco Syeim |
|
Designation : |
Director |
|
Address : |
9th Mile, G S Road, Baridua – 701 023, |
|
Date of Appointment : |
10.01.20002 |
|
|
|
|
Name : |
Mr. Gautam Tandon |
|
Designation : |
Director |
|
Date of Birth/Age : |
13.01.1975 |
|
Date of Appointment : |
15.09.2004 |
|
DIN No.: |
00769149 |
Other Directorship
|
S.No. |
CIN |
Name of the
Company |
Current designation
of the director |
Date of
appointment at current designation |
Original date of
appointment |
Company Status |
Defaulting
status |
|
1 |
U21099WB1989PTC047760 |
|
Director |
24-05-03 |
24-05-03 |
Active |
NO |
|
2 |
U21029ML2002PTC006726 |
York Print
Private Limited |
Director |
15-09-04 |
15-09-04 |
Active |
NO |
KEY EXECUTIVES
|
Name : |
K. Arun and Company |
|
Designation : |
Company Secretary |
|
Address : |
52, Western Street, 3rd Floor, Room No.304, Kolkata –
700012, |
|
Tel No.: |
91-33-22115293/ 22115350 |
|
Email : |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2011
NOTE: SHAREHOLDING DETAILS FILE ATTACHED.
AS ON 30.09.2011
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Bodies
corporate |
|
62.04 |
|
Directors
or relatives of directors |
|
32.30 |
|
Other
top fifty shareholders |
|
5.66 |
|
TOTAL |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Printed Cartons. |
||||||
|
|
|
||||||
|
Products : |
|
PRODUCTION STATUS [AS ON 31.03.2011]
|
Particulars |
Unit |
Licensed
Capacity |
Installed
Capacity |
Actual
Production |
|
Printed Cartons and Corrugated Boxes |
Pcs. |
1560000000 |
1560000000 |
-- |
|
Printed Cartons |
Pcs. |
-- |
-- |
509648277 |
|
Printed Leaflets |
Pcs. |
-- |
-- |
5469000 |
|
Labels |
Pcs. |
-- |
-- |
2119440 |
|
Printed Sheets |
Pcs. |
-- |
-- |
19545982 |
GENERAL INFORMATION
|
Customers : |
·
Hindustan Unilever Limited ·
Nepal Lever Limited ·
Godrej Saralee Limited ·
S C Johnsons Limited ·
Jyothi Laboratories ·
Emami Limited ·
Manaksia Limited ·
Anabond Limited ·
Reckitt Benckiser ·
Zobee India Private Limited |
||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
120 (Approximately) |
||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
Corporation Bank, Dharamtolla Branch, 8, Lenin Sarani, Kolkata-700013,
West Bengal, India |
||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Agrawal and Agrawal Chartered Accountants |
|
Address : |
74, Bentic Street, Kolkata – 700 001, West |
|
Tel. No.: |
91-33-22377160/ 22373751 |
|
PAN No: |
ACUPA2419S |
|
|
|
|
Related Parties : |
·
Lookwell Labels Private Limited ·
Wide Angle Packaging Systems Private Limited ·
York Print and Pack ·
Oxford Packaging Private Limited ·
Oxford Paper and Board |
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 |
|
2087300 |
Equity Shares |
Rs.10/- each
|
Rs.20.873
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 |
20.873 |
17.153 |
13.153 |
|
|
2] Share Application Money |
15.700 |
32.450 |
36.450 |
|
|
3] Reserves & Surplus |
218.553 |
100.576 |
48.347 |
|
|
4] (Accumulated Losses) |
0.00 |
0.000 |
0.000 |
|
|
NETWORTH |
255.126 |
150.179 |
97.950 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
233.612 |
253.899 |
61.275 |
|
|
2] Unsecured Loans |
7.185 |
10.259 |
11.239 |
|
|
TOTAL BORROWING |
240.797 |
264.158 |
72.514 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
5.534 |
|
|
|
|
|
|
|
|
TOTAL |
495.923 |
414.337 |
175.998 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
341.285 |
324.872 |
79.043 |
|
|
Capital work-in-progress |
0.000 |
21.503 |
33.617 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
114.146
|
67.067
|
29.714 |
|
|
Sundry Debtors |
48.832
|
34.610
|
23.482 |
|
|
Cash & Bank Balances |
9.510
|
10.160
|
10.018 |
|
|
Other Current Assets |
82.199
|
10.322
|
8.493 |
|
|
Loans & Advances |
32.529
|
13.641
|
22.173 |
|
Total
Current Assets |
287.216
|
135.800 |
93.880 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
92.757
|
51.802
|
28.673 |
|
|
Other Current Liabilities |
30.317
|
14.893
|
0.570 |
|
|
Provisions |
9.504
|
1.143
|
1.299 |
|
Total
Current Liabilities |
132.578
|
67.838
|
30.542 |
|
|
Net Current Assets |
154.638
|
67.962
|
63.338 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
495.923 |
414.337 |
175.998 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
591.715 |
358.825 |
|
|
|
|
Other Income |
1.704 |
2.602 |
|
|
|
|
TOTAL (A) |
593.419 |
361.427 |
298.708 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Materials and Manufacturing Expenses |
450.416 |
276.677 |
|
|
|
|
Personnel Expenses |
27.722 |
17.394 |
|
|
|
|
Administrative, Selling and Other Expenses |
25.241 |
18.813 |
|
|
|
|
Provision For Gratuity Written Back |
(0.070) |
0.000 |
|
|
|
|
TOTAL (B) |
503.309 |
312.884 |
277.213 [Including
Financial Expenses and Depreciation] |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
90.110 |
48.543 |
|
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
40.865 |
21.743 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
49.245 |
26.800 |
|
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
20.938 |
14.134 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
28.307 |
12.666 |
21.495 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
6.210 |
(3.563) |
8.284 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
22.097 |
16.229 |
13.211 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
59.576 |
43.347 |
30.136 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
81.673 |
59.576 |
43.347 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
0.190 |
0.000 |
NA |
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
5.927 |
3.585 |
2.064 |
|
|
|
Components and Spare Parts |
0.299 |
0.488 |
0.107 |
|
|
|
Capital Goods |
0.000 |
155.675 |
0.000 |
|
|
TOTAL IMPORTS |
6.226 |
159.748 |
2.171 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) (Basic) |
12.88 |
10.33 |
9.46 |
|
|
|
Earnings /
(Loss) Per Share (Rs.) (Diluted) |
12.87 |
8.96 |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
3.72
|
4.49 |
4.42 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
4.78
|
3.53 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.50
|
2.75 |
12.43 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.11
|
0.08 |
0.22 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.46
|
2.21 |
1.05 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.17
|
2.00 |
3.07 |
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 |
Yes |
|
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] |
PAN of Proprietor/Partner/Director, if available |
No |
|
32] |
Date
of Birth of Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
BANKERS CHARGES REPORT
AS PER REGISTRY
|
This form is for |
Modification of
charge |
|
Charge
identification number of the modified |
10339950 |
|
Corporate
identity number of the company |
U21029ML2002PTC006726 |
|
Name of the
company |
YORK PRINT
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
G.S. Road, 9th Mile, Maridua, P.O. Amerigag, District
Ri-Bhoi-781023, Meghalaya, India |
|
Type of charge |
Book Debts Movable Property
[not being pledge] Floating Charge Others |
|
Particular of
charge holder |
Corporation Bank, Dharamtolla Branch, 8, Lenin Sarani, Kolkata-700013,
West Bengal, India |
|
Email |
|
|
Nature of description
of the instrument creating or modifying the charge |
Common Deed of
Hypothecation of Movables/Assets/Debts. |
|
Date of
instrument Creating the charge |
16.06.2012 |
|
Amount secured by
the charge |
Rs.80.000
Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest Cash Credit: At
15.10% p.a. being 4.60% over and above the Bank's Base Rate, which is 10.65%
p.a. at present. Terms of Repayment Working Capital Limit
is repayable on Demand. Margin As stipulated by
the Bank for the respective assets from time to time. Stock : 25%, Book Debts : 30%
and Letter of Credit:
10%. Extent and Operation of the charge The charge
operates as first charge basis on the whole of the hypothecated current
assets and moveable fixed assets of the Company, both present and future to
secure the maximum amount under the said charge fixed at Rs.80.000 Millions
together with interest, costs and charges thereon. Others The Borrower shall
not do or allow anything which may prejudice the security and shall comply
with the terms and conditions of the Agreements. |
|
Short particulars
of the property charged |
First charge on
the entire inventory cum Book debts/current assets of the Company. First charge on
plant and machinery and other fixed assets of the Company. |
|
Particulars of
the present modification |
By this
modification, the overall limit is enhanced from Rs.60.000 Millions to
Rs.80.000 Millions as stated under and charge on hypothecation current assets
and moveable fixed assets of the Company extended to secure the enhanced
overall limit together with interest, costs and charges thereon: Cash Credit :
Rs.80.000 Millions LC (Inland/Import)
: (Rs.10.000 Millions) All other terms
and conditions continue to remain as before in full force and effect. |
FIXED ASSETS:
Tangible Assets
·
·
Building
·
Plant
and Machinery
·
Block,
Dies and Templates
·
Laboratory
Equipments
·
Office
Equipments
·
Computer
·
Furniture
and Fixture
·
Vehicles
Intangible Assets
·
Computer
Software
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.54.07 |
|
|
1 |
Rs.86.69 |
|
Euro |
1 |
Rs.69.37 |
INFORMATION DETAILS
|
Report Prepared
by : |
TPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
49 |
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.