|
Report Date : |
20.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
MAHINDRA SPECIAL SERVICES GROUP (A DIVISION
OF MAHINDRA DEFENCE SYSTEMS LIMITED) |
|
|
|
|
Formerly Known
As : |
MAHINDRA DEFENCE SYSTEMS LIMITED |
|
|
|
|
Registered
Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of
Incorporation : |
30.07.2012 |
|
|
|
|
Com. Reg. No.: |
11-233889 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 88.604 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U75220MH2012PLC233889 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAICM0849A |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is providing consultancy services |
|
|
|
|
No. of Employees
: |
127 (Approximately) [100 In Office and 27 In Branch] |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New
Business |
- |
|
Status : |
New Company |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a part of Mahindra Group. It is a new company and yet to established itself. Gradually. Mr.
Sameer Saxena academy department denied to part any information. 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 – 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.
INFORMATION DECLINED BY
|
Name : |
Mr. Hemant Mistry |
|
Designation : |
Head – Finance and Accounts |
|
Contact No.: |
91-9819183560 |
LOCATIONS
|
Registered Office : |
Mahindra Towers, P K Kurne Chowk, Dr. G M Bhosale Marg, Worli,
Mumbai-400018, Maharashtra |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9920084396 (Mr. Sameer Saxena) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Mumbai Head Office : |
5th Floor, Times Square, Western Express Highway, Andheri
(East), Mumbai-4000069, Maharashtra, India |
|
Tel. No.: |
91-22-40903200/40903232 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
4000 Sq. ft. |
|
Location : |
Rented |
DIRECTORS
|
Name : |
Mr. Parthasarathy Vankipuram Srinivasa |
|
Designation : |
Director |
|
Address : |
502, Plot No.1, Mayfair Bliss, Lena Cottage Co-operative Housing
Society, 7th Road, Near Tata Motors, Khar (West), Mumbai-400052,
Maharashtra, India |
|
Date of Birth/Age : |
01.11.1962 |
|
Date of Appointment : |
30.07.2012 |
|
DIN No.: |
00125299 |
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 |
U01110MH2000PLC128757 |
MEGA
ONE STOP FARM SERVICES LIMITED |
Director |
18/09/2000 |
18/09/2000 |
30/06/2011 |
Active |
NO |
|
2 |
U52397MH2000PLC129103 |
MRIYALGUDA
FARM SOLUTION LIMITED |
Director |
11/10/2000 |
11/10/2000 |
30/06/2011 |
Active |
NO |
|
3 |
L29211PB1970PLC002942 |
PUNJAB
TRACTORS LIMITED |
Director |
07/07/2008 |
23/10/2007 |
- |
Amalgamated |
NO |
|
4 |
L45202PB1974PLC003516 |
SWARAJ
AUTOMOTIVES LIMITED |
Director |
07/07/2008 |
22/01/2008 |
- |
Active |
NO |
|
5 |
L50210PB1985PLC006473 |
SWARAJ
ENGINES LIMITED |
Director |
07/07/2008 |
22/01/2008 |
- |
Active |
NO |
|
6 |
U72200MH2000PTC173332 |
PLEXION
TECHNOLOGIES (INDIA) PRIVATE LIMITED |
Additional
director |
29/01/2008 |
29/01/2008 |
- |
Amalgamated |
NO |
|
7 |
U72400MH1995PLC091404 |
MAHINDRA
ENGINEERING SERVICES LIMITED |
Director |
23/07/2008 |
29/01/2008 |
- |
Active |
NO |
|
8 |
U30001MH1999PLC119360 |
MAHINDRA
LOGISOFT BUSINESS SOLUTIONS LIMITED |
Director |
05/09/2008 |
24/03/2008 |
16/10/2009 |
Active |
NO |
|
9 |
U63033MH2008PTC179520 |
MAHINDRA
AEROSPACE PRIVATE LIMITED |
Director |
26/09/2008 |
26/03/2008 |
- |
Active |
NO |
|
10 |
U29296MH2010PTC198303 |
MAHINDRA
ECONOVA PRIVATE LIMITED |
Director |
27/06/2011 |
02/01/2010 |
- |
Active |
NO |
|
11 |
U29268MH2009PTC190702 |
DEFENCE
LAND SYSTEMS INDIA PRIVATE LIMITED |
Director |
25/07/2011 |
27/04/2010 |
- |
Active |
NO |
|
12 |
U34101KA1996PTC020195 |
MAHINDRA
REVA ELECTRIC VEHICLES PRIVATE LIMITED |
Director |
17/09/2010 |
26/05/2010 |
- |
Active |
NO |
|
13 |
U74999MH2011PTC212468 |
MAHINDRA
BPO SERVICES PRIVATE LIMITED |
Director |
18/01/2011 |
18/01/2011 |
- |
Active |
NO |
|
14 |
U75220MH2012PLC233889 |
MAHINDRA
DEFENCE SYSTEMS LIMITED |
Director |
30/07/2012 |
30/07/2012 |
- |
Active |
NO |
|
Name : |
Mr. Khutub Abdul Hai |
|
Designation : |
Director |
|
Address : |
10, Nizamuddin East, 1st Floor, New Delhi-110013, India |
|
Date of Birth/Age : |
06.03.1946 |
|
Date of Appointment : |
30.07.2012 |
|
DIN No.: |
02428253 |
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 |
U29268MH2009PTC190702 |
DEFENCE
LAND SYSTEMS INDIA PRIVATE LIMITED |
Director |
26/04/2012 |
04/03/2009 |
Active |
NO |
|
2 |
U75144MH2012PTC231267 |
MAHINDRA
DEFENCE NAVAL SYSTEMS PRIVATE LIMITED |
Director |
18/05/2012 |
18/05/2012 |
Active |
NO |
|
3 |
U75220MH2012PLC233889 |
MAHINDRA
DEFENCE SYSTEMS LIMITED |
Director |
30/07/2012 |
30/07/2012 |
Active |
NO |
|
Name : |
Mr. Zhooben Dosabhoy Bhiwandiwala |
|
Designation : |
Director |
|
Address : |
S-13, Cusrow Baug, Shahid Bhagat Singh Road, Colaba, Mumbai-400039,
Maharashtra, India |
|
Date of Birth/Age : |
09.12.1959 |
|
Date of Appointment : |
30.07.2012 |
|
DIN No.: |
00110373 |
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 |
U51900MH1988PTC046152 |
ALBERTVILLE
EXPORTS PRIVATE LIMITED |
Director |
08/02/1988 |
08/02/1988 |
- |
Dormant |
NO |
|
2 |
U22120MH1948PTC009314 |
THE
INDIAN AND EASTERN ENGINEER COMPANY PRIVATE LIMITED |
Additional
director |
10/08/2009 |
20/01/1992 |
- |
Active |
NO |
|
3 |
U74140MH1992PLC066606 |
MAHINDRA
AND MAHINDRA CONTECH LIMITED |
Director |
22/02/1993 |
22/02/1993 |
27/05/2008 |
Active |
NO |
|
4 |
U74140MH1982PTC026770 |
PRUDENTIAL
MANAGEMENT AND SERVICES PRIVATE LIMITED |
Director |
12/01/1998 |
12/01/1998 |
05/05/2010 |
Active |
NO |
|
5 |
U51900MH1978PLC020222 |
MAHINDRA
INTERTRADE LIMITED |
Director |
17/02/2000 |
17/02/2000 |
- |
Active |
NO |
|
6 |
U74999MH1999PTC121254 |
MW
COM (INDIA)PRIVATE LIMITED |
Director |
06/10/2003 |
06/10/2003 |
29/03/2010 |
Active |
NO |
|
7 |
U30007MH1991PLC064368 |
BRISTLECONE
INDIA LIMITED |
Director |
05/08/2004 |
05/08/2004 |
05/06/2008 |
Active |
NO |
|
8 |
L27100MH1999PLC121285 |
MAHINDRA
FORGINGS LIMITED |
Director |
19/05/2006 |
28/04/2006 |
- |
Active |
NO |
|
9 |
U18101MH1995PLC095482 |
NBS
INTERNATIONAL LIMITED |
Director |
28/09/2007 |
15/11/2006 |
29/10/2008 |
Active |
NO |
|
10 |
U67120MH2007PLC168985 |
MAHINDRA
STOKES HOLDING COMPANY LIMITED |
Director |
24/09/2007 |
21/03/2007 |
- |
Amalgamated |
NO |
|
11 |
U74999MH1954PLC019908 |
MAHINDRA
ENGINEERING AND CHEMICAL PRODUCTS LIMITED |
Director |
25/09/2008 |
27/08/2007 |
19/07/2012 |
Active |
NO |
|
12 |
U52190MH2007PTC173762 |
MAHINDRA
RETAIL PRIVATE LIMITED |
Director |
20/08/2008 |
03/09/2007 |
- |
Active |
NO |
|
13 |
U74999MH1995PLC093447 |
TECPRO
ASHTECH LIMITED |
Additional
director |
05/11/2007 |
05/11/2007 |
05/01/2008 |
Amalgamated |
NO |
|
14 |
U29130MH2004PTC168150 |
MAHINDRA
GEARS AND TRANSMISSIONS PRIVATE LIMITED |
Director |
22/07/2008 |
24/12/2007 |
- |
Active |
NO |
|
15 |
U27100MH2007PLC173636 |
MAHINDRA
HINODAY INDUSTRIES LIMITED |
Director |
25/07/2008 |
22/01/2008 |
- |
Active |
NO |
|
16 |
U29299MH1963PLC019745 |
MAHINDRA
HINODAY INDUSTRIES LIMITED |
Director |
06/05/2008 |
22/01/2008 |
- |
Amalgamated |
NO |
|
17 |
U63032MH2008PTC186581 |
MAHINDRA
OCEAN BLUE MARINE PRIVATE LIMITED |
Director |
25/09/2009 |
09/09/2008 |
- |
Active |
NO |
|
18 |
U67110MH2008PLC188837 |
RETAIL
INITIATIVE HOLDINGS LIMITED |
Director |
11/12/2009 |
11/12/2008 |
16/08/2011 |
Active |
NO |
|
19 |
U35911MH2008PLC185462 |
MAHINDRA
TWO WHEELERS LIMITED |
Director |
12/08/2009 |
12/12/2008 |
- |
Active |
NO |
|
20 |
U73100MH1995PTC124707 |
OWENS-CORNING
(INDIA) PRIVATE LIMITED |
Director |
26/09/2009 |
01/04/2009 |
24/11/2010 |
Active |
NO |
|
21 |
U63000MH2007PLC173466 |
MAHINDRA
LOGISTICS LIMITED |
Director |
11/08/2009 |
28/04/2009 |
- |
Active |
NO |
|
22 |
U29268MH2009PTC190702 |
DEFENCE
LAND SYSTEMS INDIA PRIVATE LIMITED |
Director |
26/04/2010 |
29/04/2009 |
27/04/2010 |
Active |
NO |
|
23 |
U27100MH2009PTC193205 |
MAHINDRA
ELECTRICAL STEEL PRIVATE LIMITED |
Director |
29/09/2010 |
10/06/2009 |
- |
Active |
NO |
|
24 |
U92190MH2008PLC178894 |
MUMBAI
MANTRA MEDIA LIMITED |
Director |
30/09/2010 |
29/03/2010 |
- |
Active |
NO |
|
25 |
U27100MH1993PLC070416 |
MAHINDRA
STEEL SERVICE CENTRE LIMITED |
Director |
22/07/2010 |
29/04/2010 |
- |
Active |
NO |
|
26 |
U65993MH2007PLC175649 |
MAHINDRA
HOLDINGS LIMITED |
Director |
29/08/2011 |
18/07/2011 |
- |
Active |
NO |
|
27 |
U55100DL2011PTC222498 |
EKATRA
HOSPITALITY VENTURES PRIVATE LIMITED |
Director |
18/07/2011 |
18/07/2011 |
- |
Active |
NO |
|
28 |
U74899DL1989PLC038453 |
M.
A. R. K. HOTELS LIMITED |
Director |
30/09/2011 |
30/09/2011 |
- |
Active |
NO |
|
29 |
U75144MH2012PTC231267 |
MAHINDRA
DEFENCE NAVAL SYSTEMS PRIVATE LIMITED |
Director |
18/05/2012 |
18/05/2012 |
- |
Active |
NO |
|
30 |
U75220MH2012PLC233889 |
MAHINDRA
DEFENCE SYSTEMS LIMITED |
Director |
30/07/2012 |
30/07/2012 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Mr. Hemant Mistry |
|
Designation : |
Head – Finance and Accounts |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 19.07.2012
|
Names of Shareholders |
No. of Shares |
|
Mahindra and Mahindra Limited, India |
49994 |
|
Narayan Shankar |
1 |
|
K Chandrasekar |
1 |
|
V S Parthasarathy |
1 |
|
Durgashankar Subramaniam |
1 |
|
Rajeev B Dubay |
1 |
|
Zhooben Dosabhoy Bhiwandiwala |
1 |
|
TOTAL
|
50000 |
BUSINESS DETAILS
|
Customers : |
Corporate Companies |
|
|
|
|
Line of Business : |
Subject is providing consultancy services |
|
|
|
|
Terms : |
|
|
Selling : |
Credit (30 days) |
|
|
|
|
Purchasing : |
Credit (30 days) |
GENERAL INFORMATION
|
No. of Employees : |
127 (Approximately) [100 In Office and 27 In Branch] |
|
|
|
|
Bankers : |
HDFC Bank Limited, Novaris House, Annie Besant Road, Worli, Mumbai –
400018, Maharashtra, India |
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Available |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
Rs.10/- each |
Rs. 0.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
Rs.10/- each |
Rs. 0.500 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
New Company
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 |
Yes |
|
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 |
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 |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
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 |
No |
|
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 |
No |
|
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 |
MAHINDRA AND
MAHINDRA LIMITED (SSG DIVISION)
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2012 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
88.604 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
0.859 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
89.463 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
89.463 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
13.469 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERREX TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000 |
|
|
Sundry Debtors |
|
|
32.164 |
|
|
Cash & Bank Balances |
|
|
30.824 |
|
|
Other Current Assets |
|
|
28.452 |
|
|
Loans & Advances |
|
|
9.102 |
|
Total
Current Assets |
|
|
100.542 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
5.110 |
|
|
Other Current Liabilities |
|
|
3.349 |
|
|
Provisions |
|
|
16.089 |
|
Total
Current Liabilities |
|
|
24.548 |
|
|
Net Current Assets |
|
|
75.994 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
89.463 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
135.883 |
|
|
|
Other Income |
|
|
0.263 |
|
|
|
TOTAL (A) |
|
|
136.146 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Direct Personnel Cost |
|
|
69.832 |
|
|
|
Direct Travel Cost |
|
|
6.984 |
|
|
|
Sub Contracting Cost |
|
|
2.527 |
|
|
|
Indirect Personnel Cost |
|
|
30.307 |
|
|
|
Infrastructure Cost |
|
|
5.487 |
|
|
|
Recruitment Cost |
|
|
1.275 |
|
|
|
Other Expenses |
|
|
16.485 |
|
|
|
TOTAL |
|
|
132.897 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
|
|
3.249 |
|
|
|
|
|
|
0.000 |
|
|
Less |
FINANCIAL
EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
|
3.249 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
2.390 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
|
|
0.859 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
|
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
|
|
0.859 |
|
KEY RATIOS
|
PARTICULARS |
|
|
|
31.03.2012 |
|
PAT / Total Income |
(%) |
|
|
0.63 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
|
|
0.63 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
|
|
0.75 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
|
|
0.01 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
|
|
0.27 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
|
4.09 |
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. 54.97 |
|
|
1 |
Rs. 87.50 |
|
Euro |
1 |
Rs. 70.16 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Report Prepared
by : |
UDS |
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.