1. Summary Information
|
Country |
|
||
|
Company Name |
GO IP GLOBAL
SERVICES PRIVATE LIMITED |
Principal Name 1 |
Mr. Anil Mittal |
|
Status |
Satisfactory |
Principal Name 2 |
Mrs. Renu Mittal |
|
Registration # |
55-61633 |
||
|
Street Address |
107-108,
Tribhuvan Complex, 10th Milestone, Mathura Road, New Delhi – 110
065, India |
||
|
Established Date |
20.09.1994 |
SIC Code |
-- |
|
Telephone# |
91-11-26840921 |
Business Style 1 |
Trader |
|
Fax # |
91-11-26840924 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Computer Peripherals |
|
|
# of employees |
Not Divulged |
Product Name 2 |
Networking Solutions |
|
Paid up capital |
Rs.3,100,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or relatives of directors- 100% |
Banking |
Vijaya Bank |
|
Public Limited Corp. |
NO |
Business Period |
18 Years |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
Ba (45) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Sister
Concern |
-- |
GOIP Solutions Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
139,692,000 |
Current Liabilities |
166,709,000 |
|
Inventories |
109,547,000 |
Long-term Liabilities |
34,042,000 |
|
Fixed Assets |
37,491,000 |
Other Liabilities |
11,943,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
212,694,000 |
|
Invest& other Assets |
0,000 |
Retained Earnings |
50,886,000 |
|
|
|
Net Worth |
74,036,000 |
|
Total Assets |
286,730,000 |
Total Liab. & Equity |
286,730,000 |
|
Total Assets (Previous Year) |
118,319,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
Not Available |
Net Profit |
19565000 |
|
Sales(Previous yr) |
Not Available |
Net Profit(Prev.yr) |
29075000 |
|
Report Date : |
02.10.2012 |
|
|
|
IDENTIFICATION DETAILS
|
Name : |
GO IP GLOBAL SERVICES PRIVATE LIMITED (w.e.f. 12.07.2007) |
|
|
|
|
Formerly Known As : |
SIGMA SOLUTIONS PRIVATE LIMITED |
|
|
|
|
Registered Office : |
107-108, Tribhuvan Complex, 10th Milestone, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation : |
20.09.1994 |
|
|
|
|
Com. Reg. No.: |
55-61633 |
|
|
|
|
Capital Investment / Paid-up Capital : |
Rs.3.100 Millions |
|
|
|
|
CIN No.: [Company
Identification No.] |
U74899DL1994PTC061633 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
DELS21352C |
|
|
|
|
PAN No.: [Permanent
Account No.] |
AABCS2463B |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Trader of Computer Peripherals and provide Networking Solutions. |
|
|
|
|
No. of Employees : |
Information declined by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 300000 |
|
|
|
|
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. Profit and Loss account of the company are not available |
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. Anil Mittal |
|
Designation : |
Director |
|
Contact No.: |
91-9818543578 |
|
Date : |
01.10.2012 |
LOCATIONS
|
Registered Office : |
107-108, Tribhuvan Complex, 10th Milestone, |
|
Tel. No.: |
91-11-26840921/22/23 |
|
Mobile No.: |
91-9818543578 (Mr. Anil Mittal) |
|
Fax No.: |
91-11-26840924 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
22000 sq ft |
|
Location : |
Owned |
|
|
|
|
Branch Office : |
Located at:
|
|
|
|
|
GOIP Global Services |
Located at: ·
·
|
DIRECTORS
As on 30.09.2011
|
Name : |
Mr. Anil Mittal |
|
Designation : |
Director |
|
Address : |
B – 129, Swasthya Vihar, |
|
Date of Birth/Age : |
02.07.1967 |
|
Qualification : |
BE |
|
Date of Appointment : |
20.09.1994 |
|
DIN No.: |
00117877 |
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 |
U51909DL2003PTC119765 |
SIGMA
DISTRIBUTORS PRIVATE LIMITED |
Director |
04/04/2003 |
04/04/2003 |
- |
Active |
NO |
|
2 |
U74899DL1994PTC061633 |
GO
IP GLOBAL SERVICES PRIVATE LIMITED |
Director |
20/09/2004 |
20/09/2004 |
- |
Active |
NO |
|
3 |
U51225DL2001PTC112538 |
SILVER
CROSS MERCANTILE AND EXPORTERS PRIVATE LIMITED |
Director |
10/02/2006 |
10/02/2006 |
- |
Active |
NO |
|
4 |
U72900DL2004PLC125652 |
EROADS
TECHNOLOGY LIMITED |
Director |
01/05/2006 |
01/05/2006 |
19/01/2008 |
Active |
|
|
5 |
U72900DL2007FTC164557 |
SIGMA
INTERNATIONAL DISTRIBUTORS PRIVATE LIMITED |
Director |
08/06/2007 |
08/06/2007 |
- |
Active |
NO |
|
6 |
U18101DL2004PTC130664 |
GINMESH
CLOTHING COMPANY PRIVATE LIMITED |
Additional
director |
25/08/2007 |
25/08/2007 |
02/02/2011 |
Active |
NO |
|
7 |
U72900DL2008PTC173861 |
GOIP
GLOBAL SOLUTIONS PRIVATE LIMITED |
Director |
08/02/2008 |
08/02/2008 |
- |
Active |
NO |
|
8 |
U72300DL2007PTC157439 |
VIRGIN
TECHNOSOLUTIONS PRIVATE LIMITED |
Director |
29/08/2009 |
04/06/2008 |
30/08/2011 |
Active |
NO |
|
9 |
U65993DL2009PTC194385 |
AM
HOLDING PRIVATE LIMITED |
Director |
16/09/2009 |
16/09/2009 |
- |
Active |
NO |
|
10 |
U45203DL2002PTC114897 |
PEACEFUL
DEVELOPERS PRIVATE LIMITED |
Director |
16/06/2011 |
16/06/2011 |
- |
Active |
NO |
|
11 |
U70109DL2011PTC223224 |
RMP
REAL ESTATES PRIVATE LIMITED |
Additional
director |
01/05/2012 |
01/05/2012 |
- |
Active |
NO |
|
Name : |
Mrs. Renu Mittal |
|
Designation : |
Director |
|
Address : |
B – 129, Swasthya Vihar, |
|
Date of Birth/ Age: |
08.08.1972 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
31.03.2005 |
|
DIN No.: |
00117969 |
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 |
U51909DL2003PTC119765 |
SIGMA
DISTRIBUTORS PRIVATE LIMITED |
Director |
04/04/2003 |
04/04/2003 |
- |
Active |
NO |
|
2 |
U74899DL1994PTC061633 |
GO
IP GLOBAL SERVICES PRIVATE LIMITED |
Director |
31/03/2005 |
31/03/2005 |
- |
Active |
NO |
|
3 |
U51225DL2001PTC112538 |
SILVER
CROSS MERCANTILE AND EXPORTERS PRIVATE LIMITED |
Director |
11/02/2006 |
11/02/2006 |
- |
Active |
NO |
|
4 |
U72900DL2004PLC125652 |
EROADS
TECHNOLOGY LIMITED |
Director |
01/05/2006 |
01/05/2006 |
19/01/2008 |
Active |
|
|
5 |
U18101DL2004PTC130664 |
GINMESH
CLOTHING COMPANY PRIVATE LIMITED |
Additional
director |
25/08/2007 |
25/08/2007 |
02/02/2011 |
Active |
NO |
|
6 |
U72900DL2008PTC173861 |
GOIP
GLOBAL SOLUTIONS PRIVATE LIMITED |
Director |
08/02/2008 |
08/02/2008 |
- |
Active |
NO |
|
7 |
U72300DL2007PTC157439 |
VIRGIN
TECHNOSOLUTIONS PRIVATE LIMITED |
Director |
29/08/2009 |
04/06/2008 |
30/08/2011 |
Active |
NO |
|
8 |
U65993DL2009PTC194385 |
AM
HOLDING PRIVATE LIMITED |
Director |
16/09/2009 |
16/09/2009 |
- |
Active |
NO |
|
9 |
U45203DL2002PTC114897 |
PEACEFUL
DEVELOPERS PRIVATE LIMITED |
Director |
10/08/2011 |
10/08/2011 |
- |
Active |
NO |
|
10 |
U70109DL2011PTC223224 |
RMP
REAL ESTATES PRIVATE LIMITED |
Additional
director |
01/05/2012 |
01/05/2012 |
- |
Active |
NO |
|
Name : |
Mr. Rahul Srianand Swarup |
|
Designation : |
Director |
|
Address : |
‘Anand',57/27, Beach Road, Kalashetra Colony, Besant Nagar, Chennai –
600090, Tamil Nadu, India |
|
Date of Birth/ Age: |
01.01.1960 |
|
Date of Appointment : |
01.08.2010 |
|
DIN No.: |
00162577 |
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 |
U45202TN2006PTC059259 |
SUNSHINE
REALTY MANAGEMENT SERVICES PRIVATE LIMITED |
Director |
22/03/2006 |
22/03/2006 |
07/02/2009 |
Strike
off |
NO |
|
2 |
U72900DL2003NPL120999 |
NATIONAL
INTERNET EXCHANGE OF INDIA |
Director |
12/03/2007 |
12/03/2007 |
28/09/2007 |
Active |
NO |
|
3 |
U72300TN2007PTC064574 |
SEVENSTRATA
IT SERVICES PRIVATE LIMITED |
Director |
30/08/2007 |
30/08/2007 |
07/02/2011 |
Active |
NO |
|
4 |
U74899DL1994PTC061633 |
GO
IP GLOBAL SERVICES PRIVATE LIMITED |
Director |
01/08/2010 |
01/08/2010 |
- |
Active |
NO |
|
5 |
U72300MH2012PTC232971 |
SIXMATRIX
GLOBAL SERVICES PRIVATE LIMITED |
Additional
director |
08/08/2012 |
08/08/2012 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2010
|
Names of Shareholders |
|
No. of Shares |
|
Anil Mittal |
|
159900 |
|
Renu Mittal |
|
150100 |
|
Total |
|
310000 |
Equity Share Breakup (Percentage of Total Equity)
As on 30.09.2010
|
Category |
|
Percentage of Holding |
|
Directors
or relatives of directors |
|
100.00 |
|
Total |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Computer Peripherals and provide Networking Solutions. |
GENERAL INFORMATION
|
Customers : |
·
C DOT ·
iGATE ·
Bharth ·
Tata Consultancy Services ·
CSPL ·
Parsec Technologies ·
Impetus ·
Estel ·
Pulse ·
Ogblivy and Mather ·
·
Dainik Jagaran ·
Zite ·
Amdale ·
Te ckinfo ·
Vodafone ·
Fortis ·
Religare ·
Sprint Inida ·
HFCL Infotel Limited ·
Aircel ·
MTC ·
Videocon ·
Airtel ·
Sify ·
HFCL Infotel Limited ·
Reliance Infocomm |
||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
Information declined by the management |
||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Singla and Associates Chartered Accountants |
|
Address : |
23, IInd Floor, North West Avenue, Club Road, West Punjabi Bagh, New
Delhi – 110 026, India |
|
Tel. No.: |
91-11-25221200/ 25223461 |
|
PAN No.: |
AABFS5531M |
|
|
|
|
Associates/Subsidiaries : |
GOIP Solutions
Limited (As said by Mr. Nitin Gupta (Accounts Head) that there were many
companies in this group but in 2007-08 they transferred their business in
GOIP Solutions Limited, but company called ERoads which was their group
company got separated from group.) |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
310000 |
Equity Shares |
Rs.10/- each
|
Rs.3.100
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 |
3.100 |
3.100 |
3.100 |
|
|
2] Share Application Money |
20.050 |
0.050 |
0.050 |
|
|
3] Reserves & Surplus |
50.886 |
37.969 |
19.805 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
74.036 |
41.119 |
22.955 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
28.021 |
24.748 |
16.480 |
|
|
2] Unsecured Loans |
6.021 |
3.357 |
0.000 |
|
|
TOTAL BORROWING |
34.042 |
28.105 |
16.480 |
|
|
DEFERRED TAX LIABILITIES |
5.328 |
4.655 |
3.274 |
|
|
|
|
|
|
|
|
TOTAL |
113.406 |
73.879 |
42.709 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
37.491 |
29.439 |
19.613 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
109.547
|
140.009
|
82.682
|
|
|
Sundry Debtors |
115.756
|
103.741
|
57.822
|
|
|
Cash & Bank Balances |
4.488
|
9.174
|
4.242
|
|
|
Other Current Assets |
0.000
|
0.000
|
0.000
|
|
|
Loans & Advances |
19.448
|
12.847
|
10.837
|
|
Total
Current Assets |
249.239
|
265.771
|
155.583
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
152.763
|
214.984
|
128.404
|
|
|
Other Current Liabilities |
13.946
|
0.664
|
1.570
|
|
|
Provisions |
6.615
|
5.683
|
2.513
|
|
Total
Current Liabilities |
173.324
|
221.331
|
132.487
|
|
|
Net Current Assets |
75.915
|
44.440
|
23.096
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
113.406 |
73.879 |
42.709 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
19.565 |
29.075 |
13.372 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
0.000 |
0.000 |
36.159 |
|
|
TOTAL EARNINGS |
0.000 |
0.000 |
36.159 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Import Value |
195.561 |
314.378 |
20.780 |
|
|
TOTAL IMPORTS |
195.561 |
509.939 |
20.780 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
Debt Equity Ratio (Total Liability/Networth) |
|
2.80
|
6.07
|
6.49
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.44
|
1.20
|
1.17
|
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 |
No |
|
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 |
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] |
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:
The Register office of the company has been shifted from R-53,
Vikas Marg, Shakarpur,
FINANCIAL RESULTS
/ OPERATIONS
During the year the company has earned a net profit of Rs. 19.565
Millions after depreciation.
BACKGROUND AND
OPERATIONS
Subject (the company), was incorporated on September 20, 1994 in the name of M/s. Sigma Solutions Pvt. Ltd. with liability limited by shares under “The Companies Act 1956” , with its registered office in the national territory of Delhi and the name was changed to subject w.e.f. 12th day of July , 2007.The main objects of the Company are to do the business of trading of computer products and networking products
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate identity number of the company |
U74899DL1994PTC061633 |
|
Name of the company |
GO IP GLOBAL SERVICES PRIVATE LIMITED |
|
Address of the registered office or of the principal place of business in India of the company |
108, Tribhuvan Complex, 10th Milestone Mathura Road, New Delhi – 110065, India E-mail Id : cadeepakagarwal@gmail.com |
|
This form is for |
Creation of charge |
|
Type of charge |
Book debts Movable property (not being pledge) Floating charge |
|
Particular of charge holder |
The Royal Bank of Scotland N. V., 11th Floor, Tower C, Cyber Greens, DLF Cyber City, Sector 25A, Gurgaon – 122002, Haryana, India E-mail id : GBMInCaDelhiDocumentation@rbs.com |
|
Nature of instrument creating charge |
Deed of Hypothecation of Movable Assets |
|
Date of instrument Creating the charge |
29/06/2011 |
|
Amount secured by the charge |
Rs.60.000 Millions |
|
Brief of the principal terms an conditions and extent and operation of the charge |
Rate of Interest Bank's base rate plus 3.75% aggregating to 12.75% pa at present subject to revision from time to time Terms of Repayment As per sanction terms advised vide facility letter no. CDU/11/372 dated 20.06.2011 Margin 25% on Inventory/Book Debts Extent and Operation of the charge Exclusive First Charge on entire current assets, moveable fixed assets, stocks and book debts, both present and future, of the company Others Charge to secure the repayment of the credit facilities together with interest, costs, expenses, charges etc |
|
Short particulars of the property or asset(s) charged (including complete address and location of the property) |
Entire movable plant and machinery including all spare parts and other movable assets, both present and future all borrower's present and future stock in trade, raw material, spares, consumable stores, semi finished and finished goods and all other merchandise All the borrower's present and future book debts, outstanding monies, receivables, claims, bills cash in hand, cash at bank, investments, securities etc |
FIXED ASSETS:
WEBSITE DETAILS:
PROFILE:
Subject is an ISO 9001:2000 certified, STPI Company with
point of contacts in
GOIP is IT Services Company based in
Today GOIP Global caters to customers ranging from fortune 100 to SMB, providing them turnkey IT solutions related to enterprise infrastructure solutions and support services. At GOIP they have fine-tuned the delivery models to best fit the customer's business needs providing them quality service solutions within their budget.
GOIP houses an extensive talent pool of IT engineers and process managers to innovatively
work with the customer to build working models to suit their needs. GOIP's USP
being it’s flexibility.
The service offerings entail complete turnkey IT services ranging from
implementing a normal back office process, application development to handling
complex infrastructure based
Services
GOIP an IT/ITES company based in
Infrastructure domain entails; complete LAN networks and WAN IP Networks
on wired and wireless technologies. They not only design and implement
solutions but expertise in managing them around the clock for better customer
service and support.
GOIP currently provides services to customers ranging from fortune 100
to SMB customers internationally as well as in the domestic market. GOIP family
has management and engineers with global experience and process certifications
to cater to clients and provide industry standard quality of services.
They as a company strive to be a Technology partner of choice and be the
single window for all technical requirements for the customers.
For more information on specific service areas please click on the
specific service area.
Association:
ISO 9000 is a family of standards for quality management systems. ISO
9000 is maintained by ISO, the International Organization for Standardization
and is administered by accreditation and certification bodies.
NASSCOM® is the premier trade body and the chamber of commerce of the
IT-BPO industries in
PRESS RELEASE:
GOIP GLOBAL TO ACQUIRE MOBILE WIRELESS CARIBBEAN COMPANY
MOBILE LICENSES IN PLACE FOR NEVIS, ST. KITTS, ST. LUCIA, ST. VINCENT
AND THE GRENADINES
NEW YORK, NY--(MARKETWIRE - MAR 26, 2012)
GoIP (PINKSHEETS: GOIG), a leading provider
and developer of diversified communications and services across multiple devices
and software platforms, announced today the signing of a strategic letter of
intent (LOI) to acquire all of 21st Century Enterprises Ltd. that has wholly
owned subsidiaries holding mobile telecom and high speed broadband licenses in
Nevis, St. Kitts, St. Lucia, St. Vincent and the Grenadines. GoIP confirms
agreement negotiations with major telecom Networks to support the deployment
and applied technology and telecommunications. The companies are proceeding
towards a strategic alliance by joint development and sharing operational
resources, including fiber, wireless networks and data centers. The expansion
of the company's Wi-MAX division will bring industry-leading port access,
increased deployment flexibility and new residential and business solutions to
the each of the island nations.
Ike Sutton, CEO of GOIP Global, Inc.,
comments, "As an emerging leading provider of communications, the need for
more bandwidth continues to grow dramatically in the islands due to the rapid
development of 3G/4G data networks by cellular service providers and the
increasing demand of multimedia devices requiring 3G/4G data usage. We are
strategically expanding 21st Century Wi-MAX division in the islands by
strengthening our network capabilities to provide our customers with a reliable
high quality networks."
Adrian Watson, CFO 21st Century Enterprises,
Ltd, "The strategic alliance with GoIP and its infrastructure will enable
us to grow our operations on all seven Caribbean Islands, We are excited to
work with GOIP in continuing our efforts to extend and execute our business
plan in the islands, the largest broadband growth potential in the world."
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.52.78 |
|
|
1 |
Rs.85.16 |
|
Euro |
1 |
Rs.67.79 |
INFORMATION DETAILS
|
Information Gathered
by : |
SLP |
|
|
|
|
Report Prepared
by : |
BSN |
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 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
45 |
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 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.