1. Summary Information
|
Country |
India |
||
|
Company Name |
KHOSLA
ELECTRONICS PRIVATE LIMITED |
Principal Name 1 |
Mr. Manoj Khosla |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Manish Khosla |
|
Registration # |
21-092838 |
||
|
Street Address |
15/2B, Sankari
Para Road, Kolkata – 700025, West Bengal, India |
||
|
Established Date |
02.02.2001 |
SIC Code |
-- |
|
Telephone# |
91-33-24555398 |
Business Style 1 |
Dealer |
|
Fax # |
91-33-24765133/ 24555398 |
Business Style 2 |
Trader |
|
Homepage |
Not Available |
Product Name 1 |
Electrical |
|
# of employees |
Not Available |
Product Name 2 |
Domestic Appliances |
|
Paid up capital |
Rs.6,600,000/- |
Product Name 3 |
-- |
|
Shareholders |
Bodies corporate -15% Directors or relatives of directors – 85% |
Banking |
State Bank of
India |
|
Public Limited Corp. |
NO |
Business Period |
12 Years |
|
IPO |
NO |
International Ins. |
- |
|
Public |
NO |
Rating |
Ba
(45) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
147,123,000 |
Current Liabilities |
152,743,000 |
|
Inventories |
296,646,000 |
Long-term Liabilities |
275,401,000 |
|
Fixed Assets |
84,014,000 |
Other Liabilities |
6,726,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
434,870,000 |
|
Invest& other Assets |
1,000,000 |
Retained Earnings |
79,813,000 |
|
|
|
Net Worth |
93,913,000 |
|
Total Assets |
528,783,000 |
Total Liab. & Equity |
528,783,000 |
|
Total Assets (Previous Year) |
399,955,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
Not Available |
Net Profit |
11,996,000 |
|
Sales(Previous yr) |
Not Available |
Net Profit(Prev.yr) |
9,959,000 |
MIRA INFORM REPORT
|
Report Date : |
19.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
KHOSLA ELECTRONICS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
15/2B, Sankari Para Road, Kolkata – 700025, West Bengal |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
02.02.2001 |
|
|
|
|
Com. Reg. No.: |
21-092838 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.6.600 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32109WB2001PTC092838 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CALK02634C |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCK9715C |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Dealer and Trader of Electrical and Domestic Appliances. |
|
|
|
|
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 370000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a satisfactory track record.
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 dealing 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 |
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 : |
15/2B, Sankari Para Road, Kolkata – 700025, West Bengal, India |
|
Tel. No.: |
91-33-24555398 |
|
Fax No.: |
91-33-24765133/ 24555398 |
|
E-Mail : |
sushitiwari_associates@redifmail.com
|
DIRECTORS
As on: 29.09.2012
|
Name : |
Mr. Manoj Khosla |
|
Designation : |
Director |
|
Address : |
15 / 2B Sarkari Road, Kolkata – 700025, West Bengal, India |
|
Date of Birth/Age : |
29.09.1963 |
|
Date of Appointment : |
02.02.2001 |
|
PAN No.: |
AFGPK5121H |
|
DIN No.: |
01834298 |
|
|
|
|
Name : |
Mr. Manish Khosla |
|
Designation : |
Director |
|
Address : |
194 B/ 1, NSC Bose Road, Kolkata - 700047, West Bengal, India |
|
Date of Birth/Age : |
02.10.1964 |
|
Date of Appointment : |
02.02.2001 |
|
Date of Appointment : |
AFTPK1463P |
|
DIN No.: |
00784320 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 29.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Manoj Khosla |
|
181500 |
|
Manish Khosla |
|
181500 |
|
Minod Khosla |
|
98500 |
|
Rupam Khosla |
|
98500 |
|
Vignesh Traders Private Limited, India
|
|
6000 |
|
Sachi Dealcom Private Limited, India
|
|
4000 |
|
Ideal Stockist Private Limited, India
|
|
10000 |
|
Amazing Dealcom Private Limited, India
|
|
14000 |
|
Galaxy Retails Private Limited, India
|
|
14000 |
|
Sanskriti Vintrade Private Limited, India |
|
8000 |
|
Satabdi Realstate Private Limited, India |
|
12000 |
|
Amber Vyapaar Private Limited, India
|
|
4800 |
|
Sukhsagar Vyapaar Private Limited, India |
|
8000 |
|
Vee Pointcommerce Private Limited, India |
|
4000 |
|
Fancy Commodeal Private Limited, India
|
|
4000 |
|
Jayasri Fiscal Services Private Limited, India |
|
1200 |
|
Landmark Dealcom Private Limited, India |
|
10000 |
|
|
|
|
|
Total |
|
660000 |
Equity Share Break up (Percentage of Total Equity)
As on: 29.09.2012
|
Category |
|
Percentage |
|
Bodies corporate |
|
15.00 |
|
Directors or relatives of directors |
|
85.00 |
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Dealer and Trader of Electrical and Domestic Appliances. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Bankers : |
·
State Bank of India, Kalighat Branch, 79-C, S. P.
Mukherjee Road, Kolkata – 700026, West Bengal, India ·
Axis Bank,
Corporate Banking Branch, 1 Shakespeare Sarani, AC Market, 3rd
Floor, Kolkata – 700071, West Bengal, India ·
Kotak Mahindra Bank Limited 36-38A, Nariman Bhavan, 227,D, Nariman
Point, Mumbai - 400021, Maharashtra, India · ING Vysya Bank Limited, 279 A, N.S.C., Bose Road, Ground Floor,, Kolkata - 700047, West Bengal, India ·
HSBC Bank Limited ·
CITI Bank NA ·
Corporation Bank ·
ICICI Bank Limited |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Chartered Accountant |
|
Address : |
12 Ho-Chi Minh Sarani, Suite No. 2D to 2F, 2nd Floor,
Kolkata - 70071, West Bengal, India |
|
Tel. No.: |
91-33-40035801 |
|
Fax No.: |
91-33-40035832 |
|
E-Mail : |
|
|
PAN No.: |
AASFS4445F |
CAPITAL STRUCTURE
As on: 29.09.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
660000 |
Equity Shares |
Rs.10/- each |
Rs.6.600
Millions |
|
|
|
|
|
As on: 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
700000 |
Equity Shares |
Rs.10/- each |
Rs.7.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
660000 |
Equity Shares |
Rs.10/- each |
Rs.6.600 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
6.600 |
6.300 |
5.800 |
|
|
2] Share Application Money |
7.500 |
7.500 |
12.500 |
|
|
3] Reserves & Surplus |
79.813 |
60.617 |
39.108 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
93.913 |
74.417 |
57.408 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
250.401 |
192.676 |
120.613 |
|
|
2] Unsecured Loans |
25.000 |
25.305 |
1.414 |
|
|
TOTAL BORROWING |
275.401 |
217.981 |
122.027 |
|
|
DEFERRED TAX LIABILITIES |
1.659 |
0.929 |
0.591 |
|
|
|
|
|
|
|
|
TOTAL |
370.973 |
293.327 |
180.026 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
84.014 |
54.448 |
33.820 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
1.000 |
1.000 |
1.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
296.646
|
232.305
|
129.958
|
|
|
Sundry Debtors |
47.161
|
28.135
|
36.467
|
|
|
Cash & Bank Balances |
34.318
|
23.403
|
13.334
|
|
|
Other Current Assets |
0.000
|
0.000
|
0.000
|
|
|
Loans & Advances |
65.644
|
60.664
|
55.190
|
|
Total
Current Assets |
443.769
|
344.507
|
234.949
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
136.533
|
87.338
|
79.689
|
|
|
Other Current Liabilities |
16.210
|
14.639
|
3.208
|
|
|
Provisions |
5.067
|
4.651
|
6.846
|
|
Total
Current Liabilities |
157.810
|
106.628
|
89.743
|
|
|
Net Current Assets |
285.959
|
237.879
|
145.206
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
370.973 |
293.327 |
180.026 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
838.970 |
|
|
|
Other Income |
|
|
0.874 |
|
|
|
TOTAL (A) |
NA |
NA |
839.844 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchase |
|
|
796.980 |
|
|
|
Administrative, Office and Other Expenses |
|
|
23.826 |
|
|
|
Selling Expenses |
|
|
16.649 |
|
|
|
Increase/(Decrease) in Finished Goods |
|
|
(24.928) |
|
|
|
TOTAL (B) |
NA |
NA |
812.527 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
|
|
27.317 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
|
14.892 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
19.127 |
12.425 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
4.181 |
2.229 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE TAX
(E-F) (G) |
17.858 |
14.946 |
10.196 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
5.862 |
4.987 |
3.173 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
11.996 |
9.959 |
7.023 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
29.417 |
19.908 |
12.965 |
|
|
|
|
|
|
|
|
|
Less |
Income Tax for
Earlier Year |
-- |
0.451 |
0.080 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
41.413 |
29.416 |
19.908 |
|
|
|
|
|
|
|
|
|
|
Earnings Per Share
(Rs.) |
18.91 |
15.81 |
12.96 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
NA
|
NA
|
0.83
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
NA
|
1.21
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.38
|
3.75
|
3.79
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.19
|
0.20
|
0.17
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
2.93
|
2.93
|
2.13
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.81
|
3.23
|
2.61
|
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 one year |
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 |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
UNSECURED LOAN
(Rs. In Millions)
|
Particular |
As on 31.03.2012 |
|
Other loans and advances |
25.000 |
|
|
|
|
Total |
25.000 |
UNSECURED LOAN
(Rs. In Millions)
|
Particular |
As on 31.03.2011 |
|
|
|
|
Rupee term loans banks unsecured |
0.305 |
|
Rupee term loans others unsecured |
25.000 |
|
|
|
|
Total |
25.305 |
Bankers Charges
Report as per Registry
|
Corporate identity
number (CIN) or foreign company registration number of the company |
U32109WB2001PTC092838 |
|
Name of the
company |
KHOSLA
ELECTRONICS PRIVATE LIMITED |
|
Address of the registered
office or of the principal place of
business in India of the company |
15/2B, Sankari Para Road, Kolkata – 700025, West Bengal, India E-mail: akj0608@gmail.com |
|
This form is for |
Modification
of charge |
|
Charge
identification (ID) number of the charge to be modified |
10401849 |
|
Type of charge |
|
|
Particular of
charge holder |
ING Vysya Bank Limited, 279 A, N.S.C., Bose Road, Ground Floor,, Kolkata - 700047, West Bengal, India E-mail: cms@companiesinn.com |
|
Nature of
instrument creating charge |
Supplemental Deed
of Hypothecation. |
|
Date of
instrument Creating the charge |
11.02.2013 |
|
Amount secured by
the charge |
Rs. 105.000 Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest ODSIT/BD :
IVBR+1.55% Terms of
Repayment ODSIT/BD : On
Demand Margin ODSIT/BD : 25% on
stocks and 30% on book debts upto days. Extent and
Operation of the charge Pari passu charge
on the stocks and book debts and all other current assets of the company both
present and future along with Axis Bank. Others Nil |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
All the stocks
and book debts and all other current assets of the company both present and
future. |
|
Particulars of
the present modification |
The total limit has
been enhanced from Rs.17.000 Millions to Rs.105.000 Millions as follows: Limit Existing Modified (Amount in Millions) SOD 17.000 Nil ODSIT/BD Nil 105.000 (SOD limit of
Rs.17.000 Millions has been cancelled and facility has been changed to
ODSIT/BD) |
FIXED ASSETS
Tangible Assets
- Buildings
- Furniture and Fixtures
- Vehicles
- Office Equipment
Intangible Assets
- Computer Software
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.54.03 |
|
|
1 |
Rs.82.43 |
|
Euro |
1 |
Rs.70.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
VRN |
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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
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.