|
Report Date : |
26.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
SKIPPER TECHNOLOGIES INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
398, Ram Nagar, Ashok Marg, Roorkee-247667, Uttarakhand |
|
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Country : |
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|
|
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Date of
Incorporation : |
03.05.2012 |
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|
|
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Com. Reg. No.: |
20-000238 |
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|
|
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Capital
Investment / Paid-up Capital : |
Rs. 0.200 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74999UR2012PTC000238 |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MRTS08594F |
|
|
|
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PAN No.: [Permanent Account No.] |
AARCS4065R |
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|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Trader and Distributor of Service Instrument |
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|
|
|
No. of Employees
: |
20 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Company |
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|
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company established itself gradually company has completed
its first three month of business operation. Management has denied to
disclose any financial information. However, trade relations are reported to
be fair. Business is active. 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 PARTED BY
|
Name : |
Mr. J S Parmar |
|
Designation : |
Manager |
|
Contact No.: |
91-9971211225 |
|
Date : |
24.10.2012 |
LOCATIONS
|
Registered Office : |
398, Ram Nagar, Ashok Marg, Roorkee-247667, Uttarakhand, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9971211225 (Mr. J S Parmar) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1000 Sq. Ft. |
|
Location : |
Owned |
|
|
|
|
Head Office / Corporate Office : |
G-16, Sector-6, Noida-201301, Uttar Pradesh, India |
|
Tel. No.: |
91-120-4316111 |
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Fax No.: |
91-120-4316112 |
|
Area : |
2200 Sq. Ft. |
|
Location : |
Rented |
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|
|
|
Branch Office : |
Located At ·
Kolkata |
|
Location : |
Rented |
DIRECTORS
|
Name : |
Mr. Sandeep Bhasin |
|
Designation : |
Director |
|
Address : |
H No.398, Ram Nagar, Ashok Marg, Roorkee-247667, Uttarakhand, India |
|
Date of Birth/Age : |
07.02.1977 |
|
Date of Appointment : |
03.05.2012 |
|
DIN No.: |
05264069 |
|
|
|
|
Name : |
Ms. Meena Sandeep Singh |
|
Designation : |
Director |
|
Address : |
H No.398, Ram Nagar, Ashok Marg, Roorkee-247667, Uttarakhand, India |
|
Date of Birth/Age : |
25.08.1976 |
|
Date of Appointment : |
03.05.2012 |
|
DIN No.: |
02749152 |
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 |
U74900UR2009PTC032956 |
DATUM
EQUIPMENTS PRIVATE LIMITED |
Director |
23/09/2009 |
23/09/2009 |
Active |
NO |
|
2 |
U74999UR2012PTC000238 |
SKIPPER
TECHNOLOGIES INDIA PRIVATE LIMITED |
Director |
03/05/2012 |
03/05/2012 |
Active |
NO |
|
Name : |
Mr. Darshan Kaur Bhasin |
|
Designation : |
Director |
|
Address : |
H No.398/1, Ram Nagar, Ashok Marg, Roorkee-247667, Uttarakhand, India |
|
Date of Birth/Age : |
03.02.1946 |
|
Date of Appointment : |
03.05.2012 |
|
DIN No.: |
05267665 |
KEY EXECUTIVES
|
Name : |
Mr. J S Parmar |
|
Designation : |
Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 01.05.2012
|
Names of Shareholders |
No. of Shares |
|
Sandeep Bhasin |
8000 |
|
Darshan Kaur Bhasin |
6000 |
|
Meena Sandeep Singh |
6000 |
|
TOTAL
|
20000 |
AS ON 01.05.2012
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
|
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader and Distributor of Service Instrument |
|
|
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Imports : |
|
|
Products : |
·
Service Instruments |
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Countries : |
·
Japan ·
China |
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Terms : |
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Selling : |
Cash, Credit (30 Days / 60 Days) |
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|
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Purchasing : |
Cash, Credit (30 Days / 60 Days) |
GENERAL INFORMATION
|
Suppliers : |
·
Topcon Corporation, Japan |
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|
|
|
Customers : |
·
Larsen and Toubro Limited |
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|
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|
No. of Employees : |
20 (Approximately) |
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|
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|
Bankers : |
·
Axis Bank, Noida Branch, Uttar Pradesh,
India |
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Banking
Relations : |
-- |
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Auditors : |
Not Available |
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Sister Concern : |
Bhavin Trading Corporation, Roorkee, Uttar Pradesh, India Line of Business : Trader of Servicing Instruments |
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 |
|
|
|
|
|
|
20000 |
Equity Shares |
Rs.10/- each |
Rs. 0.200
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 |
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 |
No |
|
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 |
TRADE REFERENCES
· Larsen and Toubro Limited
· Topcon Corporation, Japan
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 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. 53.63 |
|
|
1 |
Rs. 86.17 |
|
Euro |
1 |
Rs. 69.74 |
INFORMATION DETAILS
|
Information
Gathered by : |
SLP |
|
|
|
|
Report Prepared
by : |
DPT |
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.