|
Report Date : |
23.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
ROUTESMS SOLUTIONS LIMITED (w.e.f. 07.04.2007) |
|
|
|
|
Formerly Known
As : |
ROUTESMS SOLUTIONS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
401, Fourth Floor, Evershine Mall, New |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
14.05.2004 |
|
|
|
|
Com. Reg. No.: |
11-146323 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 20.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72900MH2004PLC146323 |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Providing E Business Services. |
|
|
|
|
No. of Employees
: |
Not Available |
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 100000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
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|
|
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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/Head Office : |
401, Fourth Floor, Evershine Mall, New |
|
Tel. No.: |
91-22-40337676/ 77-99 |
|
Mobile No.: |
91- |
|
Fax No.: |
91-22-40337650/ 28668207 |
|
E-Mail : |
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|
Website : |
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|
|
Overseas Office : Regional Offices: |
Located At : United Kingdom Address: Suite 14, Easylet offices Ltd, First Floor, Wellesley House, 102 Cranbrook Road, Ilford, IG1 4NH, London, United Kingdom Email : sales@routesms.com Canada Address: 6201 - 105, Silverthorn Rd. N.W, Calgary, Alberta T3B 5H5, Canada Tel No.: 91-403-560-5974/ 561-3563 Email : sales@routesms.com Located At : Kolkata Address: Anla Appt.26, Panchanantalla Road, Kolkata-700041, West Bengal, India Mobile No:- 91-9051054222 Email : sales@routesms.com Pune Address: Office no 77, 6th flr, K.K Market, Pune Satara Road, Bibwewabi 4001046. Maharashtra, India Telephone No :- 020-64703265 Mobile : 91-7875339833 Email : sales@routesms.com Delhi Address: C4E/273, Janak Puri, New Delhi 110058, Delhi, India Mobile No:- 91-9873482307 Email : sales@routesms.com |
DIRECTORS
As on: 09.06.2011
|
Name : |
Mr. Sandip Kumar Chandrakant Gupta |
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|
Designation : |
Director |
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|
Address : |
M – 201, Panchsheel Gardens, Mahvir Nagar, Kandivali (West), Mumbai –
400067, Maharashtra, India |
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|
Date of Birth/Age : |
08.07.1974 |
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|
Date of Appointment : |
15.05.2004 |
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DIN No.: |
01272932 |
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Other Directorship :
|
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Rajdip Kumar Chandrakant Gupta |
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|
Designation : |
Director |
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|
Address : |
M – 201, Panchsheel Gardens, Mahvir Nagar, Kandivali (West), Mumbai – 400067,
Maharashtra, India |
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|
Date of Birth/Age : |
01.08.1975 |
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|
Date of Appointment : |
15.05.2004 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIN No.: |
01272947 |
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Other Directorship :
|
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Mr. Chandrakant Jagannath Gupta |
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|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
M – 201, Panchsheel Gardens, Mahvir Nagar, Kandivali (West), Mumbai –
400067, Maharashtra, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
19.07.1953 |
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|
Date of Appointment : |
15.02.2007 |
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DIN No.: |
01636981 |
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Other Directorship :
|
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 09.06.2011
|
Names of Shareholders |
|
No. of Shares |
|
Sandip Kumar Chandrakant Gupta |
|
600000 |
|
Rajdip Kumar Chandrakant Gupta |
|
600000 |
|
Chandrakant Jagannath Gupta |
|
200000 |
|
Chamelidevi Chandrakant Gupta |
|
200000 |
|
Sarika Rajdip Kumar Gupta |
|
180000 |
|
Sunita Sandip Kumar Gupta |
|
180000 |
|
Ganshyam Ramsurat Jaiswal |
|
40000 |
|
|
|
|
|
Total |
|
2000000 |
Equity Share Break up (Percentage of Total Equity)
As on: 09.06.2011
|
Category |
|
Percentage |
|
|
|
|
|
Directors or relatives of directors |
|
100.00 |
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing E Business Services. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||
|
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|
||||||||||||||||||
|
Bankers : |
· HDFC Bank Limited, HDFC Bank Housesenapati Bapat Marg, Lower Parel W, Mumbai - 400013, Maharashtra, India · Axis Bank |
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|
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Facilities : |
(Rs.
In Millions)
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Ramanand and Associates Chartered Accountants |
|
Address : |
6/C, Ground. Floor, Ostwal Park, Bldg. No 4, Near Jain Temple (Jesal Park),
Bhayander (East), Thane – 401105, Maharashtra, India |
|
Mobile No.: |
91-9322231813 |
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Fax No.: |
91-22-28171199 |
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E-Mail : |
|
|
Website : |
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|
PAN No.: |
AAIFR2835C |
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|
|
|
Associates : |
Sanraj Infra Developers Private Limited |
CAPITAL STRUCTURE
As on: 09.06.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2000000 |
Equity Shares |
Rs.10/- each |
Rs. 20.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2000000 |
Equity Shares |
Rs.10/- each |
Rs. 20.000
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 |
20.000 |
0.500 |
0.500 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
8.171 |
19.499 |
12.060 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
28.171 |
19.999 |
12.560 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
1.616 |
17.569 |
26.068 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
1.616 |
17.569 |
26.068 |
|
|
DEFERRED TAX LIABILITIES |
2.118 |
1.619 |
1.203 |
|
|
|
|
|
|
|
|
TOTAL |
31.905 |
39.187 |
39.831 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
54.615 |
45.645 |
47.145 |
|
|
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 |
0.324
|
0.215
|
0.677 |
|
|
Sundry Debtors |
0.000
|
0.000
|
0.000 |
|
|
Cash & Bank Balances |
8.551
|
4.726
|
1.246 |
|
|
Other Current Assets |
0.000
|
0.000
|
0.000 |
|
|
Loans & Advances |
1.342
|
11.178
|
1.465 |
|
Total
Current Assets |
10.217
|
16.119
|
3.388 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
18.784
|
16.792
|
7.171 |
|
|
Other Current Liabilities |
10.414
|
3.809
|
2.091 |
|
|
Provisions |
3.843
|
2.128
|
1.440 |
|
Total
Current Liabilities |
33.041
|
22.729
|
10.702 |
|
|
Net Current Assets |
(22.824)
|
(6.610)
|
(7.314) |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.114 |
0.152 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
31.905 |
39.187 |
39.831 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
SMS Sales |
163.047 |
131.216 |
148.087 |
|
|
|
Other Income |
0.586 |
0.657 |
0.003 |
|
|
|
TOTAL (A) |
163.633 |
131.873 |
148.090 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
SMS Purchased |
108.305 |
86.848 |
112.332 |
|
|
|
Administrative Expenses |
13.585 |
10.665 |
9.341 |
|
|
|
Personnel Expenses |
19.189 |
15.934 |
11.618 |
|
|
|
Preliminary Expenses W/off |
0.038 |
0.038 |
0.003 |
|
|
|
Increase / Decrease in Stock |
(0.109) |
0.462 |
(0.151) |
|
|
|
TOTAL (B) |
141.008 |
113.947 |
133.143 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
22.625 |
17.926 |
14.947 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
1.609 |
2.628 |
2.480 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
21.016 |
15.298 |
12.467 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
4.838 |
4.195 |
3.441 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
16.178 |
11.103 |
9.026 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
5.673 |
3.605 |
2.958 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
10.505 |
7.498 |
6.068 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Proposed Dividend |
2.000 |
0.050 |
0.050 |
|
|
|
Add : Dividend Distribution Tax |
0.333 |
0.009 |
0.008 |
|
|
BALANCE CARRIED
TO THE B/S |
8.172 |
7.439 |
6.010 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Sales |
160.664 |
130.498 |
147.561 |
|
|
|
Software Development |
2.383 |
0.718 |
0.526 |
|
|
TOTAL EARNINGS |
163.047 |
131.216 |
148.087 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Bulk SMS |
NA |
NA |
107.600 |
|
|
TOTAL IMPORTS |
NA |
NA |
107.600 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
20.00 |
148.79 |
121.19 |
|
.
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
6.42
|
5.69
|
4.10 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
9.92
|
8.46
|
6.10 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
24.95
|
17.98
|
17.86 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.57
|
0.56
|
0.72 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.23
|
2.02
|
2.93 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.31
|
0.71
|
0.32 |
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 |
No |
|
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 |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
-- |
|
22] |
Litigations that the firm / promoter involved in |
-- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking account |
-- |
|
26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if applicable |
Yes |
|
29] |
Last accounts filed at ROC |
Yes |
|
30] |
Major Shareholders, if available |
Yes |
|
31] |
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
NOTE:
The registered office of the company has been shifted from M-201, Panchsheel Gardens, Mahavir Nagar, Dhanukarwadi, Kandivali (West), Mumbai – 400 067, Maharashtra to the present address w.e.f. 08.12.2010
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate
identity number of the company |
U72900MH2004PLC146323 |
|
Name of the
company |
ROUTESMS SOLUTIONS LIMITED |
|
Address of the
registered office or of the principal place of business in |
M-201, Panchsheel Gardens, Mahavir Nagar, Dhanukarwadi, Kandivali (West), Mumbai – 400 067,
Maharashtra, India |
|
This form is for |
Modification of
charge |
|
Charge
identification number of the modified |
10103972 |
|
Type of charge |
Immovable
Property |
|
Particular of
charge holder |
CIN No.: L65920MH1994PLC080618 HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel
(West), Mumbai – 400 013, Maharashtra, India |
|
Nature of
description of the instrument creating or modifying the charge |
Memorandum
Recording Past Transactions of creation of Mortgage by Delivery of Title
Deeds. |
|
Date of
instrument Creating the charge |
08.09.2010 |
|
Amount secured by
the charge |
Rs.29.500
millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: Interest at the
rate as may be communicated by the Bank from time to time. Terms of Repayment: On Demand. Margin: As may be
stipulated by the Bank from time to time. Extent and Operation of the charge: The Company
accorded and gave oral consent to Bank to continue to hold and retain the
title deeds in respect of its immovable properties, as security for repayment
of Rs.29.500 millions by the Company, together with principal, interest,
liquidated damages, costs, charges and expenses. |
|
Short particulars
of the property charged |
·
Immovable
Property situated at Office No.401, Evershine Mall, MIND Space, Malad (West),
Mumbai. ·
Immovable
Property being Flat No.B-1106, 11th Floor, Bhoomi Darshan, Mahavir
Nagar, Kandivali (West), Mumbai. |
|
Date of latest
modification prior to the present modification |
30.04.2010 |
|
Particulars of
the present modification |
The equitable
mortgage/charge shall now stand increased from Rs.22.052 millions to
Rs.29.500 millions in favour the Bank. |
BUSINESS OVERVIEW:
The Company's Turnover for the year is Rs. 163.743 Millions. The Company has registered 124% increase in Sale Volume form the last year. The revenue in terms of rupees has gone up by 26 %. The difference between increase in volume and sales value is due to huge reduction in per sms price. The directors have full confidence towards good progress in the coming years. Company has gone for over haul of system both in terms of hardware and software which will continue in the coming year as well. Their customer base has increased more than 20 % as compared to last year.
Company is in continuous process of setting new Sales and Channel partners' network spread across the Europe and Middle East and we have successes in getting more and more sales partners in the above mentioned regions.
FIXED ASSETS:
Building:
·
Buildings (All)
Plant and Machinery
·
Air Conditioner
·
Computer
·
Motor Car
·
Office Equipment
Furniture and Fittings:
·
Furniture Fixtures and Electrical
·
Fittings
WEBSITE DETAILS:
PROFILE:
Subject is a mobile messaging and software development
organization. It's journey begins way back in May 2004 and it has reached many
milestones in the past 7 years, in the field of mobile messaging, content
development, mobile messaging platform, Short-Code integration and software
development on Java, php, .net, and many more.
Subject believes in complete enhancement of the
client's expectations, with the latest wireless technology available.
The organization's innovations are effectively tuned with the client's
specifications to give them one-up advantage over their competitors. Subject's
current infrastructure and carrier connection provide a unique and the most
reliable solution, as far as other providers are concern. It provides a
cost-effective module that suits clients with higher as well as lower budgets.
Subject believes in 99.9% up-time, since its infrastructure is based on the
most reliable and industry-proven hardware and software.
The company's highly skilled and experienced team of Mobile Telecom
Engineers makes the system a step ahead of competition, in terms of the best
client support and services.
RouteSms has designed and deployed the most stable and reliable
RouteSms always believes in single-tier-SMSC connection setup which enables it
to give better and faster service to its end users. Subject now covers more
than 500 networks across the globe with various route-options and gives the
clients the flexibility of using multiple routes at same time.
Back-up routing is another of subject's key areas, which many companies don't
focus on. At RouteSms, they try to have at least one back-up route for each
destination which gives the clients an option to route their messages which are
on priority, without any delays.
TEAM:
Sandip Gupta
Founder and Chief
Executive Officer
Sandip Gupta is a Chartered Accountant and a SAP Certified Consultant.
He is a Finance Specialist with over 15 years of extensive experience in
Business Analysis, SAP Configuration and Software Systems Consulting. He has
worked for many organizations which includes PriceWaterhouseCoopers - India and
Covansys (India) Private Limited Being a Chartered Accountant and SAP Certified
Consultant, he brings with him a very unique combination of domain / functional
knowledge along with the technical skills needed for providing end-to-end
solutions from inception to reality.
Rajdip Gupta
Co-Founder and
Managing Director
Rajdip Gupta is a Computer Science Graduate from
Rahul Pandey
Vice President
Rahul Pandey is a Science Graduate. He is a Software Analyst and a
Business Process Consultant. He possesses outstanding planning, organizational
and project management skills. He also has significant direct experience and
ability to initiate and oversee business process improvements. He is a
strategic and visionary thinker with a successful track record in developing,
implementing, monitoring and evaluating business strategies and initiatives in
various organizations which include Gurukulonline Wireless Solutions and ADORA
Wireless Solutions. He has a disciplined and methodical approach to handle
multiple business processes simultaneously.
Deep Dutta
Mazumdar
President –
Deep Dutta Mazumdar possesses a Bachelor's degree in Electronics
Engineering from
Jonathan Schoeman
Business Manager-
Jonathan Schoeman is a Marketing expert with an extensive knowledge in
high pressure sales environments, Jonathan Headed up blue chip call centers
across south Africa for 8 years and holds an intimate Experience and broad
knowledge relating to the Direct marketing and Financial services sectors.
Jonathan Franchised his first company at the age of 23 and functioned as a
Sales and Marketing Director for companies such as EFS group of companies and
Blueprint media, he also operates as a Marketing director for Blackmoon
investments. Currently he is managing projects containing to the design of
customized high - tech communication and “wireless application service
provider” software. Based in
Mujahid Husaain
Technical Head
Mujahid Husaain has over 9 years of rich experience in Linux/Unix, IT
Infrastructure Management, Networking and Systems Administration with various organizations.
He is an expert in planning, designing, installation and configuration of IT
networks, their maintenance and troubleshooting, and network user management on
multiple platforms governed by communication protocols. He is among the few
Linux Consultants who implemented and contributed to Kannel Messaging open
source. With an extensive knowledge of Linux platform, he brings in a strong
implementation and trouble-shooting experience on board.
Manoj Raul
Chief Technology
Officer
Manoj Raul is a MCA with over 6 years of strong expertise in Open Source
products such as Kannel, Astrik and Linux. Manoj has studied and designed
various products and applications over Open Source environment. He has a strong
ability to understand, customize and implement the client's requirement. Under
the able supervision of Manoj. RouteSms has been able to produce a World-class
Messaging platform, content management system and 2-way messaging platform in
past 5 years. He possesses an extensive knowledge in SMPP and UCP protocols
which has helped the organization to create easy-to-use middle ware on Kannel
Open Source over Linux environment. Manoj is responsible for the entire
technical development operation of RouteSms.
MILESTONE:
·
May 2004: Incorporated as Private Limited
Company in
· June 2005: Subject opened its first branch In England, U K
·
July 2006: RouteSms Solution Limited -
· February 2007: RouteSms Solutions Private Limited becomes a public limited company, now RouteSms Solution Limited.
· May 2007: A 6000 SQF new office acquired in the heart of the IT hub in Mumbai, called MIND SPACE, MALAD.
· February 2008: Reaches 2150 customer base.
· June 2008: Acquires a new office space for software development.
· October 2008: Participates in Gitex, Dubai (UAE).
· December 2008: Employee base rises to 80.
· January 2009: Subject spreads its operations in North America and opens the first branch in Canada.
· March 2009: New office becomes operational. Now the company holds over 10000 SQF areas.
· April 2009: Employee Base rises to 100.
· June 2009: Customer base crossed 3000.
· December 2009: Employee Base rises to 120.
· January 2010: South Africa Branch becomes operational.
· June 2010: Customer base raised to 9000 respectively.
· July 2010: Signed 42 Distributors world wide
· August 2010: Total 250 re-seller world wide
· November 2010: Successfully sent 110 Million sms.
· May 2011: Successfully sent 160 Million sms.
Future Plan
·
Setting up its own SS7 Link, MVNO setup (SMSC).
·
Company's first IPO (Initial Public Offer) and
listing of shares in the BSE / NSE by 2011 year end.
·
To raise the employee strength to 250 by 2011 year
end.
Growth
·
Achieved continuous annual growth of more that 160%
in the past 6 years.
·
The annual client database has increased by more
than 125% in the past 6 years.
Objective
The company's objective is to provide user-friendly messaging system,
which has been incorporated by their in-house technical experts and overcome
the difficulties of their clients by providing them the various easy-to-use
wireless applications which is accessible to them anywhere and anytime. The
applications include SMPP, Desktop Application, Http links, DLL, Web Client,
DLR system and the Reseller System.
Their innovations are effectively tuned with the client's
specifications, to give them the competitive edge in the global communications
market.
Their current infrastructure and Carrier connection provides the best
and most reliable messaging solutions. They provide a cost-effective module
that suits clients with higher as well as lower budgets. They are committed to
99.9% up-time with the help of the most reliable and industry-proven hardware
and software.
At subject, they believe in 100% support-oriented business, with a 24X7
client support system.
The company's highly skilled and experienced team of Mobile Telecom
Engineers makes the system a step ahead of competition, in terms of the best
client support and services.
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. 53.67 |
|
|
1 |
Rs. 86.05 |
|
Euro |
1 |
Rs. 70.07 |
INFORMATION DETAILS
|
Report Prepared
by : |
UDS |
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 |
NO |
|
--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 |
|
- |
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.