1. Summary Information
|
|
|
Country |
|
|
Company Name |
MICRO RUBBER
INDUSTRIES PRIVATE LIMITED |
Principal Name 1 |
Mr. Sudesh Kumar Bajaj |
|
Status |
Moderate |
Principal Name 2 |
Mr. Gautam Bajaj |
|
|
|
Registration # |
55-033395 |
|
Street Address |
C-8, Mayapuri
Industrial Area, Phase-II, New Delhi- 110064, India |
||
|
Established Date |
30.09.1988 |
SIC Code |
-- |
|
Telephone# |
91-11 4780770/ 08/ 30523202/ 28114420 |
Business Style 1 |
Manufacturer |
|
Fax # |
91-41845694/28117184 |
Business Style 2 |
Exporter |
|
Homepage |
Product Name 1 |
Casual Footwears |
|
|
# of employees |
150
(Approximately) |
Product Name 2 |
Rubber Footwears |
|
Paid up capital |
Rs.11,861,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or relatives of Directors - 100.00 % |
Banking |
Standard
Chartered Bank |
|
Public Limited Corp. |
No |
Business Period |
24 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
B
(28) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Associates |
-- |
Bee Kay Leather Store |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
42,302,000 |
Current Liabilities |
45,005,000 |
|
Inventories |
52,189,000 |
Long-term Liabilities |
60,874,000
|
|
Fixed Assets |
30,862,000 |
Other Liabilities |
0,712,000 |
|
Deferred Assets |
0 |
Total Liabilities |
106,591,000 |
|
Invest& other Assets |
1,898,000 |
Retained Earnings |
8,059,000 |
|
|
|
Net Worth |
20,660,000 |
|
Total Assets |
127,251,000 |
Total Liab. & Equity |
127,251,000 |
|
Total Assets (Previous Year) |
88,323,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
161,959,000 |
Net Profit |
2,039,000 |
|
Sales(Previous yr) |
127,911,000 |
Net Profit(Prev.yr) |
1,006,000 |
|
Report Date : |
06.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
MICRO RUBBER INDUSTRIES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
C-8, Mayapuri Industrial Area, Phase-II, New Delhi- 110064 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
30.09.1988 |
|
|
|
|
Com. Reg. No.: |
55-033395 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.11.861 millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1988PTC033395 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Casual and Rubber Footwears. |
|
|
|
|
No. of Employees
: |
150 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (28) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 82000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. Profitability
of the company appears to be low. However, Trade relations are reported as fair.
Business is active. Payments are reported to be slow but correct. The company can be considered for business dealings with some
cautions. |
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 PARTED BY
|
Name : |
Mr. Gautam Bajaj |
|
Designation : |
Director |
|
Contact No.: |
91-9810066694 |
|
Date : |
03.10.2012 |
LOCATIONS
|
Registered Office/ Factory : |
C-8, Mayapuri Industrial Area, Phase-II, New Delhi- 110064, India |
|
Tel. No.: |
91-11-4780770/08/30523202/28114420 |
|
Mobile No.: |
91-9810066694 (Mr. Gautam Bajaj) |
|
Fax No.: |
91-41845694/28117184 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
2400 sq. yard |
|
Location : |
Owned |
DIRECTORS
As on 30.09.2011
|
Name : |
Mr. Sudesh Kumar Bajaj |
|
Designation : |
Director |
|
Address : |
Road No 14, East Punjabi Bagh, New Delhi, India |
|
Date of Birth/Age : |
10.04.1945 |
|
Date of Appointment : |
30.09.1988 |
|
DIN No.: |
01413791 |
|
|
|
|
Name : |
Mr. Gautam Bajaj |
|
Designation : |
Director |
|
Address : |
Road No 14, East Punjabi Bagh, New Delhi, India |
|
Date of Birth/Age : |
26.05.1975 |
|
Date of Appointment : |
01.12.2000 |
|
DIN No.: |
02100742 |
|
|
|
|
Name : |
Ashok Bajaj |
|
Designation : |
Director |
|
Address : |
J-174, RBI Enclave, Paschim Vihar, New Delhi, India |
|
Date of Birth/Age : |
23.11.1952 |
|
Date of Appointment : |
30.09.1988 |
|
DIN No.: |
01365187 |
|
|
|
|
Name : |
Mahesh Bajaj |
|
Designation : |
Director |
|
Address : |
House No 8, Road No 14, East Punjabi Bagh, New Delhi, India |
|
Date of Birth/Age : |
10.08.1949 |
|
Date of Appointment : |
30.09.1988 |
|
DIN No.: |
01413795 |
|
|
|
|
Name : |
Parshotam Lal Bajaj |
|
Designation : |
Director |
|
Address : |
5c/51, New Rohtak Road, New Delhi-5, India |
|
Date of Birth/Age : |
15.08.1939 |
|
Date of Appointment : |
30.09.1988 |
|
DIN No.: |
01521581 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Sudesh Bajaj |
|
32600 |
|
Mahesh Bajaj |
|
16160 |
|
P L Bajaj |
|
550 |
|
Ashok Bajaj |
|
3310 |
|
Anita Dhawan |
|
400 |
|
Gautam Bajaj |
|
14240 |
|
Swaran Bajaj |
|
500 |
|
Renu Bajaj |
|
3200 |
|
Mahesh Shashi HUF |
|
1700 |
|
Diwan Chand Sudesh HUF |
|
2750 |
|
Janki Devi Bajaj |
|
1360 |
|
Saroj Bajaj |
|
1160 |
|
Monika Nagpal |
|
350 |
|
Om Parkash Dhawan |
|
15000 |
|
Sanjeev Dhawan |
|
6000 |
|
Sameer Dhawan |
|
10000 |
|
Vanita Popli |
|
2820 |
|
Shashi Bajaj |
|
710 |
|
Anjali Bajaj |
|
4500 |
|
Sonal Bajaj |
|
1300 |
|
Total |
|
118610 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2011
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Casual and Rubber Footwears. |
|
|
|
|
Products : |
Ladies Footwear
Men's Footwear
|
|
|
|
|
Exports : |
|
|
Products : |
Casual and Rubber Footwears |
|
Countries : |
Middle East |
|
|
|
|
Imports : |
|
|
Products : |
Raw Material |
|
Countries : |
·
Korea ·
Taiwan ·
Thailand ·
China ·
Italy |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
·
Bajaj Rubber Company Private Limited ·
Aay-Vee Packers ·
Abhishek Print-Line ·
Ajay Enterprises ·
Amit Packagings ·
Bajaj Polymers ·
Bajaj Rubber Company Private Limited ·
Best Dye Chem ·
Bombay Fancy Store ·
Castomer Sales ·
Climax Enterprises ·
Coma Eyelets ·
Crystal Enterprises ·
Delhi Label House ·
Dev Ji Traders ·
D.L. Industries ·
Durable Packing Care ·
Fairdeal Chemical Corporation ·
Fine Glaziers ·
Fine Packaging ·
G.K. International ·
Golden Fabricators ·
Harsh Enterprises ·
HPL Additives Limited ·
Jainco Footcare ·
Jasch Industries Limited ·
K.R.F. Limited ·
Lotus Shoe Lace Fatory ·
Mahalaxmi Sales Agency ·
Maruti Enterprises ·
Mega Knitters Private Limited ·
New India Rubber Works ·
Nitin Traders ·
Polene Plastic Company Limited (Thailand) ·
Polmann India Limited ·
Polmann India Limited ·
Premier Print -Pack ·
Rexine House ·
Ritzy Polymers ·
Sandeep Polymers ·
Sigma Plastic Industries ·
Stride Threads ·
Silvassa Plast ·
Subhash Shoe Meterial ·
Spinks India ·
Sunrise Textile Industries ·
Silvassa Plast ·
S.M.G. International ·
Spinks India ·
Stride Threads ·
Tie Pack India ·
Tejas Fabric ·
Usha Enterprises ·
Vikas Globalone Limited-Rajashtan |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Customers : |
Dealers ·
Manohar Boot House (Bilaspur) ·
A.B. Footwear (Jamshedpur) ·
Aman Footware (Punjab) ·
Anil Boot house Raipur ·
Ashapura Agency (Gandhinagar) ·
Ashirwad Footwear (Sagar) ·
Ashok Boot House(Mandsaur) ·
Ashok Footware (Baroda) ·
Aurora Rubber(Patiala) ·
Basic Footstep (Virajpet) ·
Best Footwear (Tamilnadu) ·
Bharat Agencies (Jaipur) ·
Bharat Boot House(Neemuch) ·
Bihar Shoe Centre(Jamshedpur) ·
Bombay Store(Chittorgarh) ·
Boot Bazar (Manglore) ·
Cecget Footware (Delhi) ·
Chander Shoes (Jodhpur) ·
Chandra Agency (Bhilwara) ·
Delhi Footwear (Bhiwanipatna) ·
Desigin Footwear (Eranakulam) ·
Dharmender Kumar Vasudev(Ratangarh) ·
Dungur Footwear(Hubli) ·
Forward Footwear (Delhi) ·
Four Brothers (Goa) ·
Ganpati Marketing (Hissar) ·
Gayatri Footwear (Bharatpur) ·
Goodwill Footwear (Udupi) ·
Gopal Shoes(Bhubanshwar) ·
Goyal Footwear (Belgaum) ·
Guide Footware (Bhagalpur ·
G.S. Footwear(Udaipur) ·
Guru Nanak Agencies(Gangapur CITY) ·
Happy Footwear (Delhi) ·
Harbans Lal Hem Raj(Bahadurgarh) ·
Hemkunt Traders(Delhi) ·
Henny Footware (Bharuch) ·
India Footwear (Manglore) ·
Indian Traders.(Eranakluam) ·
Ishant Footware (Baran) ·
Jaikara Traders (Jabalpur) ·
Jai Sai Agencies (Jalna) ·
Jai Narain Mahal Chand (Jhunjhunu) ·
Jaisons Footwear (Ahmedabad) ·
Jaiswal Distributor(Allahabad) ·
Jamal Enterprises (Hassan) ·
Jasons Enterprises.(Ahmedabad) ·
Jay Mahadev Agency(Hubli) ·
Jethmal Moolchand (Dungargarh) ·
Jindal Agencies (Nohar) ·
J.P. Agencies (Kekri) ·
Kailash Footwear (Alwar) ·
Kailash Traders (Akola) ·
Kanti Bhai Dhanraj Bhai(Petlad) ·
Kayvees Footware (Edapal) ·
Kishore Traders(Dhanegaon) ·
K.K. Traders (Pune) ·
K.K. Footware(Aligarh) ·
K.K. Sales Corp. (Alighar) ·
K.G.N. Footware (Naigaon) ·
K.G.N. Traders (Nellore) ·
Mahesh Footware (Jaipur) ·
Manish Boot House (Satna) ·
Marshal Footwear (Banglore) ·
Maruti Footwear (Goa) ·
Mehani Marketing (Delhi) ·
Nagnechi Agency (Karnataka) ·
New India Footwear(Dahod) ·
N.K.Traders(Rourkela) ·
Om Sai Traders (Sagar) ·
Pooja Agencies (Tasgaon) ·
Rajasthan Footwear (Chikmagalur) ·
Raza Agencies(Berhampur) ·
Sandeep Traders(Muradabad) ·
S.M. Traders (Bhagalpur) ·
Tushar Footwear (Ghaziabad) ·
Varun Product (India) Delhi ·
Vikas Footcare (Kota) ·
Wasim Footwear(Jamshedpur) ·
Yash Enterprises (Mumbai) |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
150 (Approximately) |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
Standard Chartered Bank, 10, Parliament Street, New Delhi - 110001,
India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
CC/ LC – Rs.56.000 Millions (From Standard Chartered Bank) |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Serva Associates Chartered Accountants |
|
Address : |
Abdul Aziz Road, Karol Bagh, New Delhi- 110005, India |
|
Tel. No.: |
91- 11-28750477/ 28755177 |
|
PAN No.: |
AAGPK5643R |
|
|
|
|
Associates : |
Bee Kay Leather
Store Address: C-8, Mayapuri Industrial Area, Phase-II, New Delhi- 110064, India Line of Business: Manufacturer and Exporter of Casual and Rubber Footwears. Bajaj Polymers Address: C-8, Mayapuri Industrial Area, Phase-II, New Delhi- 110064, India Line of Business: Manufacturer and Exporter of Casual and Rubber Footwears. S.M.G.
International Address: C-8, Mayapuri Industrial Area, Phase-II, New Delhi- 110064, India Line of Business: Manufacturer and Exporter of Casual and Rubber Footwears. |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
150000 |
Equity Shares |
Rs.100/- each |
Rs.15.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
118610 |
Equity Shares |
Rs.100/- each |
Rs.11.861 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 |
11.861 |
11.861 |
11.861 |
|
|
2] Share Application Money |
0.740 |
0.300 |
0.300 |
|
|
3] Reserves & Surplus |
8.059 |
6.020 |
5.014 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
20.660 |
18.181 |
17.175 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
53.613 |
34.502 |
26.657 |
|
|
2] Unsecured Loans |
7.261 |
5.976 |
4.696 |
|
|
TOTAL BORROWING |
60.874 |
40.478 |
31.353 |
|
|
DEFERRED TAX LIABILITIES |
0.712 |
0.752 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
82.246 |
59.411 |
48.528 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
30.862 |
19.711 |
16.315 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
1.898 |
1.819 |
0.724 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
52.189
|
28.553 |
20.003 |
|
|
Sundry Debtors |
38.990
|
28.072 |
22.788 |
|
|
Cash & Bank Balances |
0.769
|
0.558 |
0.584 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
2.543
|
9.610 |
2.007 |
|
Total
Current Assets |
94.491
|
66.793 |
45.382 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
40.664
|
25.257 |
10.051 |
|
|
Other Current Liabilities |
4.341
|
3.055 |
2.373 |
|
|
Provisions |
0.000
|
0.600 |
1.469 |
|
Total
Current Liabilities |
45.005
|
28.912 |
13.893 |
|
|
Net Current Assets |
49.486
|
37.881 |
31.489 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
82.246 |
59.411 |
48.528 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
161.959 |
127.911 |
114.000 |
|
|
|
Other Income |
0.677 |
0.813 |
NA |
|
|
|
TOTAL (A) |
162.636 |
128.724 |
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Direct Expenses |
153.765 |
113.675 |
|
|
|
|
Payment to and Provisions for Employees |
2.185 |
1.858 |
|
|
|
|
Administrative, Selling and Other Expenses |
10.695 |
12.008 |
|
|
|
|
Increase/(Decrease) in Stock |
(16.771) |
(8.550) |
|
|
|
|
TOTAL (B) |
149.874 |
118.991 |
NA |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
12.762 |
9.733 |
NA |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
5.402 |
4.034 |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
7.360 |
5.699 |
NA |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
5.354 |
4.125 |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
2.006 |
1.574 |
1.524 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
0.033 |
0.568 |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
2.039 |
1.006 |
NA |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
5.155 |
4.149 |
NA |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
7.194 |
5.155 |
NA |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
|
|
|
|
|
|
Basic |
16.91 |
13.27 |
NA |
|
|
|
Diluted |
15.92 |
12.94 |
NA |
|
|
Particulars |
|
|
31.03.2012 |
|
Sales Turnover (Approximately) |
|
|
180.000 |
Expected Sales (2012-2013) : Rs.200.000 Millions
The above information has been parted by Mr. Gautam Bajaj (Director)
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.25
|
0.78 |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.24
|
1.23 |
1.34 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.60
|
1.82 |
2.47 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.10
|
0.09 |
0.09 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
5.12
|
3.82 |
2.63 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.10
|
2.31 |
3.27 |
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 |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
-------- |
|
14] |
Estimation for coming
financial year |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
Yes |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details
(if applicable) |
Yes |
|
21] |
Market information |
-------- |
|
22] |
Litigations that the firm
/ promoter involved in |
-------- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
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 |
OPERATION:
I) The Company has
earned a net Profit of Rs. 2.005 Millions (Previous year Rs. 1.574 Millions)
during the year
II) Sales during the year was Rs.161.959 Millions (Previous Year Rs.
127.911 Millions)
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate identity number of the company |
U74899DL1988PTC033395 |
|
Name of the company |
MICRO RUBBER INDUSTRIES PRIVATE LIMITED |
|
Address of the registered office or of the principal place of business in India of the company |
C-8, Mayapuri Industrial Area, Phase-II, New Delhi- 110064, India Email: dewan.cs@gmail.com |
|
This form is for |
Modification of charge |
|
Charge identification (ID) number of the charge to be modified |
10165950 |
|
Type of charge |
·
Book Debts ·
First and Exclusive Charge Over Current Assets |
|
Particular of charge holder |
Standard Chartered Bank, 10, Parliament Street, New Delhi - 110001,
India Email: sunil.Ganguly@sc.com |
|
Nature of instrument creating charge |
Hypothecation Agreement
(Supplemental) |
|
Date of instrument Creating the charge |
24.06.2011 |
|
Amount secured by the charge |
Rs.81.023 |
|
Brief of the principal terms an conditions and extent and operation of
the charge |
Rate of Interest As Per Facility Letter Dated 21.06.2011 Terms of Repayment As Per Facility Letter Dated 21.06.2011 Margin As Per Facility Letter Dated 21.06.2011 Extent and Operation of the charge Extent and Operation - 100% |
|
Short particulars of the property or asset(s) charged (including
complete address and location of the property) |
Hypothecation by way of first and exclusive charge over all present
and future current assets of the company stored or to be stored at the
company's godowns or premises or wherever else the same may be. |
|
Date of instrument modifying the charge |
26.06.2010 |
|
Particulars of the present modification |
Bank's first and exclusive charge over all present and future current
assets of the company stored or to be stored at the company's godowns or premises
or wherever else the same may be, already registered for Rs. 83.023 Millions
shall stand modified to RS.81.023 Millions. |
FIXED ASSETS:
·
Air Conditioner
·
Cooler
·
EPABX
·
Electric Fitting
·
Generator
·
Machinery
·
Fax Machine
·
Dies and Tools
·
Furniture and Fixtures
·
Office Equipments
·
Typewriter
·
Almirah
·
Scooter and Motorcycle
·
Car
·
Mould
·
Computer
·
Tubewell Fitting
·
Cycle
·
Website Design
·
Commercial Vehicle
·
Chiller
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.51.62 |
|
|
1 |
Rs.83.57 |
|
Euro |
1 |
Rs.67.17 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Report Prepared
by : |
MRI |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
2 |
|
--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 |
|
28 |
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.