Business
information report
1. Summary Information
|
Country |
India |
||
|
Company Name |
CMS INFO SYSTEMS PRIVATE LIMITED |
Principal Name 1 |
Mr. Mathew Cyriac |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Raju Ramesh Dutt Grover |
|
Registration # |
11-180479 |
||
|
Street Address |
CMS House, Plot 91, Street No.7, MIDC Marol, Andheri, Mumbai – 400093,
Maharashtra |
||
|
Established Date |
26.03.2008 |
SIC Code |
-- |
|
Telephone# |
91-22-30888881/ 5/30888853/67553101 / 30837272 |
Business Style 1 |
Providing IT and IT Enable Services, Cash Management Services. |
|
Fax # |
91-22-30888886/ 28364954/ 67553106 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
-- |
|
|
# of employees |
6000 (Approximately) |
Product Name 2 |
-- |
|
Paid up capital |
Rs.1,278,802,000 |
Product Name 3 |
-- |
|
Shareholders |
Foreign holdings 56.67% |
Banking |
HDFC Bank Limited |
|
Public Limited Corp. |
-- |
Business Period |
5 years |
|
IPO |
-- |
International Ins. |
- |
|
Public |
-- |
Rating |
Ba (45) |
|
Related
Company |
|||
|
Relation
|
Holding Company |
Company
Name |
Blackstone FP Capital Partners (Mauritius) V Limited |
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
2,601,671,000 |
Current Liabilities |
1,342,293,000 |
|
Inventories |
164,939,000 |
Long-term Liabilities |
1,508,814,000 |
|
Fixed Assets |
828,612,000 |
Other Liabilities |
2,377,000 |
|
Deferred Assets |
0 |
Total Liabilities |
2,853,484,000 |
|
Invest& other Assets |
1,129,249,000 |
Retained Earnings |
592,185,000 |
|
|
0 |
Net Worth |
1,870,987,000 |
|
Total Assets |
4,724,471,000 |
Total Liab. & Equity |
4,724,471,000 |
|
Total Assets (Previous Year) |
3,076,447,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
6,148,649,000 |
Net Profit |
120,454,000 |
|
Sales(Previous yr) |
3,554,739,000 |
Net Profit(Prev.yr) |
15,233,000 |
|
Report Date : |
04.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
CMS INFO SYSTEMS PRIVATE LIMITED (w.e.f. 10.12.2008) |
|
|
|
|
Formerly Known
As : |
SUBHIKSHA REALTY PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
CMS House, Plot 91, Street No.7, MIDC Marol, Andheri, Mumbai – 400093,
|
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
26.03.2008 |
|
|
|
|
Com. Reg. No.: |
11-180479 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.1278.802 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45200MH2008PTC180479 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMC16860E |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAAMCS2311K |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Providing IT and IT Enable Services, Cash Management Services. |
|
|
|
|
No. of Employees
: |
6000 (Approximately) |
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 7400000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track. The
management of the company has not filled its latest financials i.e. 2011-12
with the government department from the financial of 2011. It seems that the
reserves of the company appears to be low. However, normal operations are
carried out effectively. 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 |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
A- (Term Loan) |
|
Rating Explanation |
Adequate degree of safety it carry low
credit risk. |
|
Date |
23.01.2012 |
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. Dinesh Salen |
|
Designation : |
Senior Account Manager |
|
Contact No.: |
91-22-30837272 |
|
Date : |
01.04.2013 |
LOCATIONS
|
Registered Office : |
CMS House, Plot 91, Street No.7, MIDC Marol, Andheri, Mumbai – 400093,
|
|
Tel. No.: |
91-22-30888881/ 5/30888853/ 67553101 / 30837272 |
|
Fax No.: |
91-22-30888886/ 28364954/ 67553106 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Corporate Office : |
11th Floor, Silver Metropolis, Off Western Express Highway,
Opposite SRPF Grounds, Goregaon (East), Mumbai- 400 063, Maharashtra, India |
|
Tel. No.: |
91-22- 67553100 / 04 |
|
Fax No.: |
91-22-67553105 |
|
|
|
|
Main Offices |
|
|
CMS SECURITAS
LIMITED |
6th Floor, Shop No. T- 151, Belapur Railway Station, CBD
Belapur, Navi Mumbai - 400 614, |
|
Tel. No.: |
91-22-67957400 |
|
Fax No.: |
91-22-67957435 |
|
|
|
|
CMS INSTITUTE |
Sadanand Building, Gokhale Road, Near Bank of India ATM, Dadar (West), Mumbai - 400 028, Maharashtra, India |
|
Tel. No.: |
91-22-24384351 |
|
Fax No.: |
91-22-24382529 |
|
|
|
|
Branches: |
Located at : West
North
South
East
|
DIRECTORS
AS ON: 30.09.2011
|
Name : |
Mr. Richard Blaise Saldanha |
|
Designation : |
Director |
|
Address : |
House No.24, |
|
Date of Birth/Age : |
03.02.1944 |
|
Date of Appointment : |
30.09.2009 |
|
DIN No.: |
00189029 |
|
|
|
|
Name : |
Mr. Raju Ramesh Dutt Grover |
|
Designation : |
Director |
|
Address : |
1, Revills, 45 Cuffe Parade, Colaba, Mumbai – 400005, |
|
Date of Birth/Age : |
08.09.1951 |
|
Date of Appointment : |
30.09.2009 |
|
DIN No.: |
01584366 |
|
|
|
|
Name : |
Mr. Mathew Cyriac |
|
Designation : |
Director |
|
Address : |
122, 12 the Floor, N. C. A. Apartment, A- Wing Nariman Point, Mumbai –
400021, Maharashtra, India |
|
Date of Birth/Age : |
20.05.1969 |
|
Date of Appointment : |
30.09.2009 |
|
DIN No.: |
01903606 |
|
|
|
|
Name : |
Mr. Rajiv Kaul |
|
Designation : |
Whole Time Director |
|
Address : |
B – 40, SFS, Sheikh Sarai – Phase 1, |
|
Date of Birth/Age : |
29.07.1968 |
|
Date of Appointment : |
01.07.2009 |
|
DIN No.: |
02581313 |
|
|
|
|
Name : |
Mrs. Aarti Remesh Dutt Grover |
|
Designation : |
Additional Director |
|
Address : |
1, Revills, 45, Cuffe Parade, Mumbai – 400005, Maharashtra, India |
|
Date of Birth/Age : |
06.08.1977 |
|
Date of Appointment : |
30.09.2011 |
|
DIN No.: |
02625342 |
|
|
|
|
Name : |
Mr. Amit Dalmia |
|
Designation : |
Director |
KEY EXECUTIVES
|
Name : |
Mr. Praveen Soni |
|
Designation : |
Secretary |
|
Address : |
Dev Darshan, 405, 4th Floor, 60 Feet Road, Bhayander (West),
Thane – 401101, Maharashtra, India |
|
Date of Birth/Age : |
10.09.1977 |
|
Date of Appointment : |
01.07.2009 |
|
PAN No.: |
AVSPS8328L |
|
|
|
|
Name : |
Mr Sudev Muthya |
|
Designation : |
President |
|
|
|
|
Name : |
Mr. Anup Neogl |
|
Designation : |
COO – Securities |
|
|
|
|
Name : |
Mr. Pankaj Khandelwal |
|
Designation : |
Chief Financial Officer |
|
|
|
|
Name : |
Mr. Nitin Aurora |
|
Designation : |
Chief Information Officer |
|
|
|
|
Name : |
Mr. Alex Augustine |
|
Designation : |
VP – Corporate HR |
|
|
|
|
Name : |
Mr. A. Vadivelu |
|
Designation : |
Head – Commercial |
|
|
|
|
Name : |
Mr. Rajiv Kaul |
|
Designation : |
Executive Vice Chairman and Chief Executive Officer |
|
|
|
|
|
Mr. Dinesh Salen |
|
Name : |
Senior Account Manager |
|
Designation : |
|
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 30.09.2011
|
Names of Shareholders |
|
No. Equity of
Shares |
|
|
|
|
|
Ramesh D Grover |
|
35550287 |
|
Vishal Grover |
|
4787327 |
|
Raju R Grover |
|
70161 |
|
Aarti Grover |
|
3155687 |
|
R D Grover (HUF) |
|
2666667 |
|
Srinivasan Ramadorai |
|
1192738 |
|
Blackstone FP Capital Partners ( |
|
63974717 |
|
Varun K. Prasad |
|
1482605 |
|
|
|
|
|
Total |
|
112880189 |
|
Names of Shareholders |
|
No. Preference
of Shares |
|
Mathew Cyriac |
|
500000 |
|
Rajiv Kaul |
|
500000 |
|
Pankaj Khandelwal |
|
500000 |
|
|
|
|
|
Total
|
|
1500000 |
As on: 12.12.2011
|
Name of Allottee |
|
No. of Shares |
|
Rajiv Kaul and Pankaj Khandelwal |
|
6300000 |
|
CMS Computers Limited |
|
8402586 |
|
Blackstone FP Capital Partners (Mauritius) V Limited – Mauritius |
|
19192415 |
|
|
|
|
|
Total |
|
33895001 |
Equity Share Break up (Percentage of Total Equity)
As on: 30.09.2011
|
Category |
|
Percentage |
|
|
|
|
|
Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others] |
|
56.67 |
|
Directors or relatives of directors |
|
40.95 |
|
Other top fifty shareholders |
|
2.38 |
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing IT and IT Enable Services, Cash Management Services. |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
|
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Customers : |
End Users
|
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No. of Employees : |
6000 (Approximately) |
|||||||||||||||||||||||||||||||||||||||||||||
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|
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Bankers : |
|
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|
|
|
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|
Facilities : |
Cash Credit Rs. 250.000 millions (State Bank of India) (Rs.
In Millions)
Note: The amount includes the amount payable by the company to CMS Computers
Limited for the portion of loans which has been repaid by CMS Computers
Limited to ICICI Bank, Singapore but pertains of the Company, pursuant of the
scheme of arrangements. |
|||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S. R. Batliboi and Associates Chartered Accountants |
|
Address : |
14th Floor, The Ruby, 29 Senapati Bapat Marg, Dadar (West),
Mumbai – 400028, Maharashtra, India |
|
PAN No.: |
AABFS3421N |
|
|
|
|
Holding Company:
|
Blackstone FP Capital Partners ( |
|
|
|
|
Subsidiaries : |
CIN
No.: U67190DL1999PLC098107
CIN
No.: U46711MH2006PLC158878 |
|
|
|
|
Enterprises over which director and /or his relative has significant
influence : |
|
CAPITAL STRUCTURE
After: 30.09.2011
Authorised Capital : Rs.1630.000
Millions
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
146775190 |
Equity Shares |
Rs.10/- Each |
Rs.1467.752millions
|
|
1500000 |
Preference Shares |
Rs.100/- Each |
Rs.150.000 millions |
|
|
|
|
|
|
|
Total |
|
Rs.1617.752 millions |
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
118000000 |
Equity Shares |
Rs.10/- Each |
Rs.1180.000 millions |
|
1500000 |
Preference Shares |
Rs.100/- Each |
Rs.150.000 millions |
|
|
|
|
|
|
|
Total |
|
Rs.1330.000
millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
112880189 |
Equity Shares |
Rs.10/- Each |
Rs.1128.802 millions
|
|
1500000 |
Preference Shares |
Rs.100/- Each |
Rs.150.000 millions |
|
|
|
|
|
|
|
Total |
|
Rs.1278.802 millions |
Of the above
·
63974717 equity shares of
Rs.10/- each are held by Blackstone FP Capital Partners V Limited
·
112830189 equity shares of Rs.10/- are allotted as
fully paid up pursuant to contracts for consideration other than cash pursuant
to scheme of arrangement
·
1500000 0.01% Optionally converted redeemable
preference shares are compulsory redeemable within a period of 19months 11
years from the date of issue i.e. March 18,2010 and with an option to convert
in 1500000 equity shares of Rs.10/- each after one year from date of issue
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 |
1278.802 |
1278.802 |
1128.802 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
592.185 |
(158.079) |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
(173.313) |
|
|
NETWORTH |
1870.987 |
1120.723 |
955.489 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
1272.750 |
898.508 |
1123.337 |
|
|
2] Unsecured Loans |
236.064 |
162.564 |
142.600 |
|
|
TOTAL BORROWING |
1508.814 |
1061.072 |
1265.937 |
|
|
DEFERRED TAX LIABILITIES |
2.377 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
3382.178 |
2181.795 |
2221.426 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
GOODWILL ON CONSOLIDATION |
1035.180 |
1035.180 |
0.000 |
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
828.612 |
414.385 |
1522.175 |
|
|
Capital work-in-progress |
72.393 |
11.217 |
16.333 |
|
|
|
|
|
|
|
|
INVESTMENT |
21.676 |
21.676 |
21.675 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
164.939
|
171.054
|
147.520 |
|
|
Sundry Debtors |
1573.220
|
945.305
|
1148.788 |
|
|
Cash & Bank Balances |
207.445
|
46.449
|
67.623 |
|
|
Other Current Assets |
73.198
|
83.918
|
43.707 |
|
|
Loans & Advances |
747.808
|
342.229
|
255.763 |
|
Total
Current Assets |
2766.610
|
1588.955
|
1663.401 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
764.812
|
412.851
|
528.215 |
|
|
Other Current Liabilities |
503.696
|
409.341
|
413.200 |
|
|
Provisions |
73.785
|
72.460
|
70.110 |
|
Total
Current Liabilities |
1342.293
|
894.652
|
1011.525 |
|
|
Net Current Assets |
1424.317
|
694.303
|
651.876 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
5.034 |
9.367 |
|
|
|
|
|
|
|
|
TOTAL |
3382.178 |
2181.795 |
2221.426 |
|
PROFIT & LOSS
ACCOUNT
|
Particulars |
|
|
31.03.2012 |
|
Sales Turnover (Approximately) |
|
|
8500.000 |
The above information has been parted by Mr. Dinesh
Note : Sole Proprietory and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
|
|
|
|
|
|
|
|
Sales Including Other
Income and Foreign Exchange Gain |
6148.649 |
3554.739 |
4274.822 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
5972.443 |
3539.506 |
4484.808 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
176.206 |
15.233 |
(209.986) |
|
|
|
|
|
|
|
|
|
Less |
TAX |
55.752 |
0.000 |
(36.673) |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
120.454 |
15.233 |
(173.313) |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
(158.079) |
(173.313) |
0.000 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
(319.962) |
(158.079) |
(173.313) |
|
|
|
|
|
|
|
|
|
|
APPROPRIATIONS |
|
|
|
|
|
|
Transfer to
General Reserve |
173.312 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Effect of scheme of Amalgamation |
184.274 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
Service and maintenance
charges |
2.283 |
3.856 |
3.353 |
|
|
|
Others |
1.066 |
1.005 |
0.451 |
|
|
|
TOTAL EARNINGS |
3.349 |
4.861 |
3.804 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
51.186 |
106.403 |
66.488 |
|
|
|
Stores & Spares |
128.859 |
107.174 |
118.285 |
|
|
|
Capital Goods |
78.137 |
10.225 |
47.949 |
|
|
TOTAL IMPORTS |
258.182 |
223.802 |
232.722 |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (Rs.) |
1.05 |
0.13 |
(1.54) |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
1.96
|
0.43
|
(4.05) |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.81
|
0.50
|
(6.59) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.09
|
0.01
|
(0.22) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.52
|
1.75
|
2.38 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.06
|
1.78
|
1.64 |
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 four 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) |
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 |
Yes |
Note:
The Registered Office of the company has been shifted from 14,
Chandreahwar Hall Building, 2nd Floor, J S S Road, Opera House, Mumbai -
400004, Maharashtra, India to the present address w.e.f. 15.10.2008
REVIEW OF OPERATION AND SCHEME OF ARRANGEMENT:
During the year the company and its Subsidiary
Company i.e. CMS Securitas Limited (‘Securitas’) had filed a Scheme of
Arrangement (the Scheme) with the Honorable High Court of Judicature at Bombay
(‘Bombay High Court’) and Honorable High Court of Judicature at Delhi (‘Delhi
High Court’) Under section 391 and 394 of the Companies Act, 1956 for Demerger
of ATM and Cash Management Divisions of the Securitas.
The Scheme was approved by the Bombay High
Court on October 25, 2010 and Delhi High Court on January 17, 2011. The
certified true copies of the orders were received on March 17, 2011 and March
28, 2011 respectively which were filed with the Registrar of Companies on April
1, 2011. Accordingly, the Scheme became effective from April 1, 2011 with
appointed date April 1, 2009.
As per the according treatment prescribed in
the Scheme, the assets and liabilities of ATM and Cash Management Business of
Securitas as at March 31, 2009 i.e. at the close of business day immediately
preceding the appointed date were recorded at the respective book value as
appeared in the books of Securitas and the difference between assets and
liabilities (Net assets) is transferred to the General Reserve Account)
The Scheme also stipulates that with effect
from April 1, 2009(appointed date) ATM and Cash Management Business of
Securitas shall be deemed to have been carried on its trust of the company.
Accordingly, the profit earned by the ATM and Cash Management Business of
Securitas during the period from the appointed date i.e. April 1, 2009 to March
31, 2010 amounting to Rs.184.247
Millions are shown as additional profit and loss account. The amount of profit
included the effect of revision in tax expenses pursuant to the Scheme.
Bankers Charges
Report as per Registry
|
Corporate identity
number (CIN) or foreign company registration
number of the company |
U45200MH2008PTC180479 |
|
Name of the
company |
CMS INFO SYSTEMS
PRIVATE LIMITED |
|
Address of the registered
office or of the principal place of
business in India of the company |
CMS House, Plot 91, Street No.7, MIDC Marol, Andheri, Mumbai – 400093,
Maharashtra, India E-mail: company.secretary@cms.com
|
|
This form is for |
Creation of
charge |
|
Type of charge |
Movable property
(not being pledge) |
|
Particular of
charge holder |
HDFC Bank
Limited, HDFC Bank Housesenapati Bapat Marg, Lower Parel West, Mumbai –
400013, Maharashtra, India |
|
Nature of
instrument creating charge |
Agreement for
Loan and Guarantee. (Contracts No.:
3426893 / 905 / 908 / 909 / 911 / 912 / 915 / 920 / 922 / 923 / 926 / 929 /
930 / 931 / 932 / 935 / 940 / 942 / 943 / 945) {(Rs.0.530
Million X 10 Conts.) + (Rs.0.527 X 10 Conts.)} = Rs.10.570 Millions |
|
Date of
instrument Creating the charge |
21.05.2012 |
|
Amount secured by
the charge |
Rs.Rs.10.570
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest Interest @ 10.50
% p.a. Terms of
Repayment The Loan is repayable
in 36 EMIs of Rs.0.344 Million {(Rs.0.017 Million X 10 Conts.) + (Rs.0.017
Million X 10 Conts.) starting from 15th June, 2012 ending on 15th May, 2015. Margin N.A. Extent and
Operation of the charge The Company
hypothecates to and charges in favour of the Bank by way of first and
exclusive charge of the Vehicle/ equipment described in Item No. 15 as
security for the repayment/payment by the company of the loan granted or to
be granted to the company by the Bank together with all fees, interest, costs
and expenses incurred/to be incurred by the Bank and all other monies payable
or to become payable by the company to the Bank. Others The Bank shall be
absolutely entitled and have full power and authority to sell, assign or
transfer in any manner, in whole or in part, and in such manner and on such
terms as the Bank may decide, including reserving a right to the Bank to
retain its power to proceed against the company on behalf of the purchaser,
assignee or transferee, any or all outstanding dues of the company, to any
third party of the Bank's choice without reference to or without written
intimation to the company. |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
Hypothecation of 20
Nos. Vehicles namely : GENIO (Year Of Manufacture: 2012) |
CONTINGENT LIABILITIES:
(Rs. In Millions)
|
Particular |
31.03.2011 |
31.03.2010 |
|
|
|
|
|
(a) Claims against the Company not acknowledged as debts. |
|
|
|
Disputed sales tax matters |
9.911 |
37.727 |
|
Claim for litigation |
2.270 |
2.735 |
|
(b) Guarantees given by the company |
0.000 |
1172.190 |
|
(c) Show cause notice received in respect of service tax matter |
33.568 |
33.568 |
|
(d) Capital Commitments |
14.529 |
4.987 |
|
(e) Preference Dividend on 1500000 – 0.01% Cumulative Redeemable Preference Shares of Rs.100 Each |
0.016 |
0.000 |
TRADE REFERENCE
Fixed Assets
AS PER WEB SITE
DETAILS
Profile
Subject IT and outsourced business
services provider with extensive reach across
With several customers who are market leaders in their own
space, the relationship has spanned across decades and multiple business lines.
These customers are supported by 21,000+ team members, spread across over 100
offices across
There offerings span application services, systems integration, IT infrastructure management, IT training businesses with market leadership in outsourced cash logistics, transaction printing, card personalization and self service solutions businesses.
CMS is currently in the process of leveraging its enormous scale and wide reach to expand its offerings of high value and innovative end-to-end solutions in the IT and outsourced business segments.
There vision is to become the number one end-to-end solutions provider and demonstrate excellence in providing the best-in-class infrastructure management services to There clients in diverse horizontal and vertical segments.
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 records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist organization
or whom notice had been received that all financial transactions involving
their assets have been blocked or convicted, found guilty or against whom a
judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or with
designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction registered
against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or investigation
registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.39 |
|
|
1 |
Rs.82.05 |
|
Euro |
1 |
Rs.69.59 |
INFORMATION DETAILS
|
Information
Gathered by : |
NYN |
|
|
|
|
Report Prepared
by : |
PRL |
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 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.