MIRA
INFORM REPORT
|
Report Date : |
06.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
ORAYAN LOGISTICS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
A-92, 1st Floor, Gali No.2, Mahipalpur Extension, New
Delhi-110037 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2010 |
|
|
|
|
Date of
Incorporation : |
27.07.2007 |
|
|
|
|
Com. Reg. No.: |
55-209370 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 0.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74991DL2007PTC209370 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Providing Freight and Forwarding Services |
|
|
|
|
No. of Employees
: |
22 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Maximum Credit Limit : |
USD 16000 |
|
|
|
|
Status : |
Moderate |
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|
|
|
Payment Behaviour : |
Unknown |
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|
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|
Litigation : |
Clear |
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|
Comments : |
Subject is an established company having a moderate track record. The management of the company has failed to file its financials with
the government department since 2010. Mr. Randhir Mishra, from the finance department has provided all
information but the financials are not verified. As per the of 2010, the company was found normal for business
dealings. Trade relations are reported as fair. Business is active. Payment
terms are unknown. The company can be considered for business dealings with great
caution. |
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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
We are living in a
world where volatility and uncertainty have become the New Normal. We saw
a change of government in countries like Tunisia, Egypt, Libya and Vietnam.
Once powerful countries in Europe are now fighting for bankruptcy. We have
taken growth in the developing part of the world for granted but economic
growth in China and India has begun to slow. Companies that were synonymous
with their product categories just a few years ago are now no longer in
existence. Kodak, the inventor of the digital camera had to wind up its
operations, HMV, the British entertainment retailing company and Borders, once
the second largest bookstore have shut down due to their inability to evolve
their business models with the changing time. Readers’ Digest, Thomson Register
are no more !
There is another
megatrend happening. The World order is changing as economic power shifts from
West to East. According to McKinsey study, it took Britain more than 100 years
to double its economic output per person during its industrial revolution and
the US later took more than 50 years to do the same. More than a century later,
China and India have doubled their GDP per capital in 12 and 18 years
respectively. By 2020, emerging Asia will become the world’s largest consuming
block, overtaking North America.
The years after the
outbreak of the global financial crisis, the world economy continues to remain
fragile. The Indian economy demonstrated remarkable resilience in the initial
years of the contagion but finally lost ground last year. GDP growth slowed
down. Currency has been weakening. There is a marked deceleration in
agriculture, industry and services. Dampening sentiment led to a cut-back in
investment as well as private consumption expenditure. Inflation remained
at high levels fuelled by the pressure from the food and fuel sectors. The
large fiscal and current account deficit s continued to cause grave concern. It
is imperative that India regains its growth trajectory of 8-9 % sooner than
later. This is crucially important given the need to create gainful livelihood
opportunities for the millions living in poverty as also the large contingent
of young people joining the job market every year.
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. Randhir Mishra |
|
Designation : |
Finance Department |
|
Contact No.: |
91-11-26788711 |
|
Date : |
06.08.2013 |
LOCATIONS
|
Registered Office / Corporate Office : |
A-92, 1st Floor, Gali No.2, Mahipalpur Extension, New
Delhi-110037, India |
|
Tel. No.: |
91-11-26788711 / 12 / 13 |
|
Fax No.: |
91-11-26788713 |
|
E-Mail : |
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|
Website : |
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|
Location : |
Rented |
DIRECTORS
AS ON 30.09.2010
|
Name : |
Mr. Sandeep Rohilla |
|
Designation : |
Director |
|
Address : |
A-9, Gopal Nagar, Najafgarh, New Delhi-110043, India |
|
Date of Birth/Age : |
02.08.1976 |
|
Date of Appointment : |
27.07.2007 |
|
DIN No.: |
01610122 |
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 |
U74991DL2007PTC209370
|
ORAYAN LOGISTICS
PRIVATE LIMITED |
Director |
27/07/2007 |
27/07/2007 |
Active |
NO |
|
2 |
U51909DL2009PTC189894
|
ORAYAN ORE
PRIVATE LIMITED |
Director |
01/05/2009 |
01/05/2009 |
Active |
NO |
|
3 |
U63040DL2010PTC210231
|
ORAYAN CONTAINER
LINE PRIVATE LIMITED |
Director |
08/11/2010 |
08/11/2010 |
Active |
NO |
|
4 |
U63090DL2011PTC229307
|
AFRODELTA
TRANSPORT PRIVATE LIMITED |
Additional
director |
05/04/2012 |
05/04/2012 |
Active |
NO |
|
Name : |
Mr. Ashutosh Dixit |
|
Designation : |
Director |
|
Address : |
117/457/B-O Block, Geeta Nagar, Kanpur-208001, Uttar Pradesh, India |
|
Date of Birth/Age : |
25.06.1981 |
|
Date of Appointment : |
27.07.2007 |
|
Date of Cessation : |
14.01.2012 |
|
DIN No.: |
01616914 |
|
|
|
|
Name : |
Mrs. Charu |
|
Designation : |
Director |
KEY EXECUTIVES
|
Name : |
Mr. Randhir Mishra |
|
Designation : |
Finance Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2010
|
Names of Shareholders |
No. of Shares |
|
Ashutosh Dixit |
5000 |
|
Sandeep Rohilla |
5000 |
|
TOTAL
|
10000 |
AS ON 30.09.2010
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing Freight and Forwarding Services |
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Terms : |
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Selling : |
Depend |
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Purchasing : |
Depend |
GENERAL INFORMATION
|
Suppliers : |
·
CMA CGM Global India Private Limited ·
WSA Lines (Delhi) Private Limited ·
D k Stationary ·
Green Channel Cargocare Private Limited ·
EMU Lines Private Limited ·
ZT International Logistics Company Limited ·
Phoenix Shipping Services |
|||||||||||||||||||||
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|
|||||||||||||||||||||
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Customers : |
·
Arvind Metals and Minerals Private Limited ·
Atlas Surgical Company ·
Carnation Auto India Private Limited ·
ITC Limited ·
Kapish Impex ·
Krishna Auto Mirrors Limited ·
PL Shipping and Logistics Private Limited |
|||||||||||||||||||||
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No. of Employees : |
22 (Approximately) |
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Bankers : |
·
HDFC Bank Limited ·
Standard Charted Bank ·
HSBC Bank ·
Kotak Mahidnra Bank Limited |
|||||||||||||||||||||
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Facilities : |
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Banking
Relations : |
-- |
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|
Auditors : |
|
|
Name : |
Abhishek Mathur and Associates Chartered Accountant |
|
Address : |
A-4/97, Janta Flats, B-1, Paschim Vihar, New Delhi-110063, India |
|
PAN No.: |
AQUPM4938R |
CAPITAL STRUCTURE
AS ON 31.03.2010
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
0.100 |
0.100 |
0.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
3.927 |
1.109 |
0.141 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
4.027 |
1.209 |
0.241 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
1.937 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
0.806 |
0.559 |
0.849 |
|
|
TOTAL BORROWING |
2.743 |
0.559 |
0.849 |
|
|
DEFERRED TAX LIABILITIES |
0.083 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
6.853 |
1.768 |
1.090 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
3.568 |
0.521 |
0.185 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.269 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
12.819
|
4.481 |
1.790 |
|
|
Cash & Bank Balances |
0.089
|
0.889 |
0.341 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
1.970
|
1.087 |
0.242 |
|
Total
Current Assets |
14.878
|
6.457 |
2.373 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
8.370
|
3.726 |
1.086 |
|
|
Other Current Liabilities |
0.000
|
0.000 |
1.422 |
|
|
Provisions |
3.236
|
1.768 |
0.063 |
|
Total
Current Liabilities |
11.606
|
5.494 |
1.485 |
|
|
Net Current Assets |
3.272
|
0.963 |
0.888 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.013 |
0.015 |
0.017 |
|
|
|
|
|
|
|
|
TOTAL |
6.853 |
1.768 |
1.090 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
|
|
SALES |
|
|
|
|
|
|
|
Direct Freight and Forwarding Income |
83.345 |
44.406 |
5.587 |
|
|
|
Other Income |
2.007 |
0.337 |
NA |
|
|
|
TOTAL |
85.352 |
44.743 |
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Direct Freight and Forwarding Expenses |
70.936 |
37.486 |
|
|
|
|
Administrative Expenses |
8.562 |
4.946 |
|
|
|
|
Auditors Remuneration |
0.045 |
0.045 |
|
|
|
|
Director’s Remuneration |
1.240 |
0.751 |
|
|
|
|
Preliminary Expenses Written off During the year |
0.002 |
0.002 |
|
|
|
|
TOTAL |
80.785 |
43.230 |
NA |
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
4.567 |
1.513 |
0.236 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.430 |
0.132 |
0.032 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
4.137 |
1.381 |
0.204 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
1.319 |
0.427 |
0.063 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
2.818 |
0.954 |
0.141 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
1.109 |
0.155 |
NA |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED TO
THE B/S |
3.927 |
1.109 |
NA |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
281.84 |
95.38 |
-- |
|
|
Particulars |
|
31.03.2013 |
31.03.2012 |
|
Sales Turnover (Approximately) |
|
65.000 |
195.000 |
|
|
|
(Open a new
branch in Chennai) |
|
The above information has been parted by Mr. Randhir Mishra.
KEY RATIOS
|
PARTICULARS |
|
31.03.2010 |
31.03.2009 |
31.03.2008 |
|
PAT / Total Income |
(%) |
3.30
|
2.13 |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
4.96
|
3.11 |
3.65 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
22.43
|
19.79 |
7.97 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
1.03
|
1.14 |
0.85 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.68
|
0.46 |
3.52 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.28
|
1.18 |
1.60 |
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 |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
three years |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
----- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
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 |
No |
|
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 |
|
Unsecured Loan |
Rs.
In Millions 31.03.2010 |
Rs.
In Millions 31.03.2009 |
|
Overdraft From
Banks |
|
|
|
Standard Charted Bank |
0.000 |
0.003 |
|
Kotak Mahindra Bank |
0.026 |
0.000 |
|
Loans from Directors
and Their Relatives |
|
|
|
Ashitosh Dixit |
0.120 |
0.350 |
|
Sandeep Rphilla |
0.270 |
0.206 |
|
Divya Dixit |
0.290 |
0.000 |
|
Rohila |
0.100 |
0.000 |
|
|
|
|
|
TOTAL |
0.806 |
0.559 |
NOTE
Registered office has been shifted from 63A, Bharat Nagar, New Friends
Colony, New Delhi-110065, India to the present address w.e.f. 28.01.2013
OPERATIONS
The company has earned Direct freight and forwarding income of Rs.
83.345 Millions and other income of Rs. 2.007 Millions and booked net profit of
Rs. 2.818 Millions during the current financial year.
SHIFTING OF
REGISTERED OFFICE
During the year, the Company has move an application to the Company Law
Board, Northan Region Bench, New Delhi, seeking confirmation of the alternation
in Clause II of the Memorandum of Association, so as to change the situation of
Registered Office from the State of Uttar Pradesh to the National Capital
Territory of Delhi and in this respect, Special Resolution had been passed by
the members of the Company in an Extra-ordinary General Manager held on 29th
January, 2010.
FIXED ASSETS
·
Air Conditioner
·
Computer
·
Electric Fittings
·
Furniture and Fixtures
·
Generator
·
Inventor
·
Mobile
·
Office Equipments
·
Water Cooler
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. 60.82 |
|
|
1 |
Rs. 92.96 |
|
Euro |
1 |
Rs. 80.73 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
27 |
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.