MIRA
INFORM REPORT
|
Report Date : |
28.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
THE BOSTON CONSULTING GROUP (INDIA) PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
14th Floor, Nariman Bhavan, 227, Nariman Point, Mumbai – 400021,
Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
22.04.1996 |
|
|
|
|
Com. Reg. No.: |
11-099037 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.50.000
Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74140MH1996PTC099037 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCB3524G |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in the business of rendering strategy consulting services. |
|
|
|
|
No. of Employees
: |
Information declined by the management. |
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 1400000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a subsidiary of “BCG HOLDING CORPORATION”, US. It is a well established company having a satisfactory track record.
The company has incurred some losses during 2012. However, the networth of the company seems to be strong. The director
appears to be well experienced. Trade relations are reported to be fair. Business is active. Payments
are reported to be usually correct and as per commitment. The company can be considered for normal business dealings. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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 DENIED BY
|
Name : |
Mr. Shailesh Dolar |
|
Designation : |
Accounts Department |
|
Contact No.: |
91-22-67497000 |
|
Date : |
27.08.2013 |
LOCATIONS
|
Registered Office : |
14th Floor, Nariman Bhavan, 227, Nariman Point, Mumbai – 400021, Maharashtra, India |
|
Tel. No.: |
91-22-67497000 |
|
Fax No.: |
91-22-67497001 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Delhi Office : |
19th Floor, Tower C, Building No.10, DLF Cyber City, Phase-II, Gurgaon – 122002, Haryana, India |
|
Tel. No.: |
91-124-4597000 |
|
Fax No.: |
91-124-4597001 |
|
|
|
|
Chennai Office : |
Suite 85 and 86, Taj Connemara, Binny Road, Chennai – 600002, India |
|
Tel. No.: |
91-44-66001680 |
DIRECTORS
As on: 28.09.2012
|
Name : |
Mr. Sharad Verma |
|
Designation : |
Director |
|
Address : |
60, Booty Road, Bariatu, Ranchi -834009, Jharkhand, India |
|
Date of Birth/Age : |
01.11.1975 |
|
Date of Appointment : |
03.04.2009 |
|
DIN No.: |
00368587 |
|
PAN No.: |
ACHPV0634Q |
|
|
|
|
Name : |
Mr. Janmejaya Kumar Sinha |
|
Designation : |
Director |
|
Address : |
41, Vasant Vihar, 85, Napean Sea Road, Mumbai - 400 006, Maharashtra, India |
|
Date of Birth/Age : |
12.09.1959 |
|
Date of Appointment : |
02.06.2003 |
|
DIN No.: |
00837489 |
|
PAN No.: |
AKKPS1544D |
|
|
|
|
Name : |
Mr. Alpesh Babubhai Shah |
|
Designation : |
Director |
|
Address : |
2903, Tower A, Ashok Towers, Dr. Babasaheb Ambedkar Marg, Parel, Mumbai, 400012, Maharashtra, India |
|
Date of Birth/Age : |
03.10.1970 |
|
Date of Appointment : |
12.04.2007 |
|
DIN No.: |
01492074 |
|
PAN No.: |
AAYPS0592D |
|
|
|
|
Name : |
Mr. Vikram Bhalla |
|
Designation : |
Director |
|
Address : |
A/ 1101,10th Floor, Casa Grand Towers, CS-249, Senapati Bapat Marg, Lower Parel, Mumbai-13, Maharashtra, India |
|
Date of Birth/Age : |
14.10.1972 |
|
Date of Appointment : |
12.04.2007 |
|
DIN No.: |
01492081 |
|
PAN No.: |
AAIPB1149B |
|
|
|
|
Name : |
Mr. Neeraj Aggarwal |
|
Designation : |
Director |
|
Address : |
D/603, Nagarjuna Apartment, Mayur Vihar, Phase I, Delhi-96, India |
|
Date of Birth/Age : |
18.07.1971 |
|
Date of Appointment : |
12.03.2008 |
|
DIN No.: |
01570743 |
|
PAN No.: |
AABPA9462F |
|
|
|
|
Name : |
Mr. Arindam Kumar Bhattacharya |
|
Designation : |
Managing director |
|
Address : |
W-64, Greater Kailash - I, New Delhi – 110048, India |
|
Date of Birth/Age : |
04.03.1962 |
|
Date of Appointment : |
12.03.2008 |
|
DIN No.: |
01570746 |
|
PAN No.: |
AEFPB4416C |
|
|
|
|
Name : |
Mr. Saurabh Tripathi |
|
Designation : |
Director |
|
Address : |
8, India House 3, Kemps Corner, Cumballa Hill, Mumbai – 400026, Maharashtra, India |
|
Date of Birth/Age : |
17.12.1975 |
|
Date of Appointment : |
12.03.2008 |
|
DIN No.: |
01660422 |
|
PAN No.: |
ABOPT1080A |
|
|
|
|
Name : |
Mr. Abheek Singhi |
|
Designation : |
Director |
|
Address : |
122, Kalpataru Habitat Tower, Dr. S. S. Rao Road, Parel, Mumbai-400012, Maharashtra, India |
|
Date of Birth/Age : |
20.07.1973 |
|
Date of Appointment : |
12.03.2008 |
|
DIN No.: |
01773320 |
|
PAN No.: |
ARBPS9783Q |
|
|
|
|
Name : |
Mr. Arvind Pandey |
|
Designation : |
Director |
|
Address : |
2104, Delmar Towers Clover, Village Wanowrie, Pune-411040, Maharashtra, India |
|
Date of Birth/Age : |
09.01.1966 |
|
Date of Appointment : |
03.04.2009 |
|
DIN No.: |
02551908 |
|
PAN No.: |
AHTPP1610M |
|
|
|
|
Name : |
Mr. Arvind Subramanian |
|
Designation : |
Director |
|
Address : |
Bl-303, Nilgiri Gardens, Sector 24, CBD Belapur, Navi Mumbai-400614, Maharashtra, India |
|
Date of Birth/Age : |
14.04.1973 |
|
Date of Appointment : |
03.04.2009 |
|
DIN No.: |
02551935 |
|
PAN No.: |
AMSPS3870N |
|
|
|
|
Name : |
Mr. Bart Janssens |
|
Designation : |
Director |
|
Address : |
3-C, 3rd Floor, Sakina Mansion, Oliver Street, Colaba, Mumbai-400039, Maharashtra, India |
|
Date of Birth/Age : |
18.05.1973 |
|
Date of Appointment : |
13.01.2011 |
|
DIN No.: |
02551973 |
|
PAN No.: |
AFOPJ6741C |
|
|
|
|
Name : |
Mr. Ashish Krishnaswamy Iyer |
|
Designation : |
Director |
|
Address : |
8, Bhagwan Apartments, 12, A. G. Khan Road, Worli Seaface, Mumbai – 400018, Maharashtra, India |
|
Date of Birth/Age : |
09.11.1974 |
|
Date of Appointment : |
03.04.2009 |
|
DIN No.: |
02559048 |
|
PAN No.: |
AACPI9907Q |
|
|
|
|
Name : |
Mr. Rishab Gulshan |
|
Designation : |
Director |
|
Address : |
A-53, LajpatNagar-2, New Delhi-110024, India |
|
Date of Birth/Age : |
06.06.1977 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03389149 |
|
PAN No.: |
AIVPG7851N |
|
|
|
|
Name : |
Mr. Ravi Srivastava |
|
Designation : |
Director |
|
Address : |
N-33, Panchshilla Park, New Delhi-110017, India |
|
Date of Birth/Age : |
20.11.1976 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03389162 |
|
PAN No.: |
ASGPS3559N |
|
|
|
|
Name : |
Mr. Kaustav Mukherjee |
|
Designation : |
Director |
|
Address : |
22, Ground Floor, NRI Complex, Mandakini Greater Kailash, - IV, New Delhi-110019, India |
|
Date of Birth/Age : |
23.10.1962 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03391641 |
|
PAN No.: |
AIIPM2336B |
|
|
|
|
Name : |
Mr. Ashish Garg |
|
Designation : |
Director |
|
Address : |
C-2/2054, Vasant Kunj, New Delhi-110070, India |
|
Date of Birth/Age : |
01.07.1973 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03392168 |
|
PAN No.: |
AFFPG2621D |
|
|
|
|
Name : |
Mr. Rohit Vohra |
|
Designation : |
Director |
|
Address : |
303, Neel Mahal, 25«' road, Bandra (West), Mumbai – 400050, Maharashtra, India |
|
Date of Birth/Age : |
23.01.1973 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03400586 |
|
PAN No.: |
ADAPV7364B |
|
|
|
|
Name : |
Mr. Rahul Jain |
|
Designation : |
Director |
|
Address : |
Flat No B/505/506, 5th Floor, Ashok Tower, Dr. S S Road, Parel Mumbai-400012, Maharashtra, India |
|
Date of Birth/Age : |
30.08.1976 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03400732 |
|
PAN No.: |
ACQPJ8760Q |
|
|
|
|
Name : |
Mr. Sachin Rajkumar Nandgaonkar |
|
Designation : |
Director |
|
Address : |
Appt No # B202 The Ivy, A - Block, Sushant Lok-1, Gurgaon – 122009, Haryana, India |
|
Date of Birth/Age : |
04.12.1969 |
|
Date of Appointment : |
11.02.2011 |
|
DIN No.: |
03410739 |
|
PAN No.: |
AACPN5816F |
|
|
|
|
Name : |
Mr. Amitabh Ramesh Chandra Mall |
|
Designation : |
Additional director |
|
Address : |
Strata IV # 901, Planet Godrej, 30 Keshavrao Khadey Marg, Mahalaxmi, Mumbai – 400011, Maharashtra, India |
|
Date of Birth/Age : |
30.12.1978 |
|
Date of Appointment : |
25.06.2012 |
|
DIN No.: |
03630884 |
|
|
|
|
Name : |
Mr. Bharat Poddar |
|
Designation : |
Director |
|
Address : |
B-2307, Ashok Towr, Opposite ITC Grand Central, parel, Mumbai – 400012, Maharashtra, India |
|
Date of Birth/Age : |
05.01.1973 |
|
Date of Appointment : |
25.06.2012 |
KEY EXECUTIVES
|
Name : |
Mr. Shailesh Dolar |
|
Designation : |
Accounts Department |
MAJOR SHAREHOLDERS
As on: 28.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
BCG Holding Corporation, USA |
|
4999999 |
|
BCG Subsidiary Holding International Inc., USA |
|
1 |
|
Total |
|
5000000 |
Equity Share Break up (Percentage of Total Equity)
As on: 28.09.2012
|
Category |
Percentage |
|
Foreign holdings( Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s),
Non-resident Indian(s) or Overseas Corporate bodies or Others |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the business of rendering strategy consulting services. |
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management. |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Price Waterhouse Chartered Accountants |
|
Address : |
Lovelock and Lewes, 252 Veer Savarkar Marg, Shivaji Park, Dadar, Mumbai- 400028, Maharashtra, India |
|
PAN No.: |
AAEFP5579P |
|
|
|
|
Holding company: |
BCG Holding Corporation, USA |
|
|
|
|
Ultimate Holding
company: |
The Boston Consulting Group Inc., USA |
|
|
|
|
Fellow Subsidiary
company: |
· The Boston Consulting Group International GmbH, Hong Kong Branch · The Boston Consulting Group & Cie, France · The Boston Consulting Group GmbH, Germany · The Boston Consulting Group Pte. Ltd., Singapore · The Boston Consulting Group Limited, England · The Boston Consulting Group Pty. Ltd., Australia · The Boston Consulting Group K.K., Japan · The Boston CG of Mexico, S. A.de C.V. · The Boston Consulting Group , Chicago |
CAPITAL STRUCTURE
As on: 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
6,600,000 |
Equity Shares |
Rs.10/- each |
Rs.66.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5,000,000 |
Equity Shares |
Rs.10/- each |
Rs.50.000
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
50.000 |
50.000 |
|
(b) Reserves & Surplus |
|
305.515 |
358.367 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
355.515 |
408.367 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long term liabilities |
|
488.846 |
355.842 |
|
(d) long-term provisions |
|
50.092 |
23.527 |
|
Total Non-current Liabilities (3) |
|
538.938 |
379.369 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
88.951 |
0.000 |
|
(b) Trade payables |
|
6.220 |
9.451 |
|
(c) Other current
liabilities |
|
1063.388 |
778.244 |
|
(d) Short-term provisions |
|
73.269 |
46.200 |
|
Total Current Liabilities (4) |
|
1231.828 |
833.895 |
|
|
|
|
|
|
TOTAL |
|
2126.281 |
1621.631 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
196.532 |
39.538 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
40.739 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
|
304.474 |
230.330 |
|
(d) Long-term Loan and Advances |
|
521.103 |
435.012 |
|
(e) Other Non-current assets |
|
17.285 |
1.124 |
|
Total Non-Current Assets |
|
1080.133 |
706.004 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
0.000 |
0.000 |
|
(c) Trade receivables |
|
848.759 |
576.196 |
|
(d) Cash and cash
equivalents |
|
70.315 |
236.469 |
|
(e) Short-term loans and advances |
|
107.389 |
81.660 |
|
(f) Other current assets |
|
19.685 |
21.302 |
|
Total Current Assets |
|
1046.148 |
915.627 |
|
|
|
|
|
|
TOTAL |
|
2126.281 |
1621.631 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
50.000 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
244.555 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
294.555 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
294.555 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
33.917 |
|
|
Capital work-in-progress |
|
|
3.009 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERREX TAX ASSETS |
|
|
163.770 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000 |
|
|
Sundry Debtors |
|
|
384.638 |
|
|
Cash & Bank Balances |
|
|
600.061 |
|
|
Other Current Assets |
|
|
1.477 |
|
|
Loans & Advances |
|
|
397.295 |
|
Total
Current Assets |
|
|
1383.471 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
1220.705 |
|
|
Other Current Liabilities |
|
|
51.347 |
|
|
Provisions |
|
|
17.560 |
|
Total
Current Liabilities |
|
|
1289.612 |
|
|
Net Current Assets |
|
|
93.859 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
294.555 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
|
NA |
NA |
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Less |
|
|
|
|
|
|
|
|
Office Expenses |
NA |
NA |
NA |
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
76.995 |
269.667 |
152.659 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
33.283 |
27.355 |
25.357 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
43.712 |
242.312 |
127.302 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
96.565 |
128.500 |
78.500 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
(52.853) |
113.812 |
48.802 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
580.105 |
472.442 |
274.571 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
(10.57) |
22.76 |
9.76 |
|
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KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.45
|
17.42 |
8.98 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.12
|
0.59 |
0.43 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.25
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.85
|
1.10 |
1.07 |
LOCAL AGENCY FURTHER INFORMATION
DETAILS OF CURRENT
MATURITIES OF LONG-TERM DEBT: NOT AVAILABLE
|
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 |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last three years |
No |
|
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 |
Yes |
|
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 |
No |
|
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 |
FINANCIAL RESULTS:
During the year the Company has received Professional Charges of Rs. 2345.789 Millions. The Company has incurred a loss of Rs. 52.853 Millions after providing for depreciation of Rs. 33.283 Millions and provision for taxation of Current year as well as tax Adjustment of previous years amounting to Rs. 96.565 Millions.
INDEX OF CHARGES: NO
CHARGES EXIST FOR THE COMPANY.
FIXED ASSETS:
· Furniture and fixtures
· Office equipment
· Computer equipments
· Other equipments
· Leasehold improvements
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.65.67 |
|
|
1 |
Rs.102.20 |
|
Euro |
1 |
Rs.87.75 |
INFORMATION DETAILS
|
Information Gathered
by : |
PLK |
|
|
|
|
Report Prepared
by : |
RAJ |
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.