(PRELIMINARY REPORT)
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Report Date : |
12.12.2013 |
IDENTIFICATION DETAILS
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Name : |
IBC IMPEX
PRIVATE LIMITED |
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Registered
Office : |
2nd
Floor, Adv. Padheye House, M.G. House, Civil Lines, |
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Country : |
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Date of
Incorporation : |
18.05.2010 |
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Com. Reg. No.: |
11-203351 |
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Capital
Investment / Paid-up Capital : |
Rs.0.100
million |
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CIN No.: [Company Identification
No.] |
U74900MH2010PTC203351 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Trader and Importer of Coal. |
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No. of Employees
: |
100 (Approximately) |
ECGC Country Risk Classification List – June 30, 2012
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
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Source
: CIA |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter in
the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
INFORMATION PARTED BY
|
Name : |
Mr. Rahul |
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Designation : |
Accounts Department |
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Contact No.: |
91-712-6648339 |
LOCATIONS
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Registered Office/ Head Office : |
2nd
Floor, Adv. Padheye House, M.G. House, Civil Lines, |
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Tel. No.: |
91-712-6648339 |
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Fax No.: |
91-712-3013101 |
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E-Mail : |
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Website : |
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Location : |
Owned |
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Regional Office
: |
4th Floor, |
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Branch Office : |
Located at: v
v
v Mangalore v Ahmedabad v
v
v Chandrapur v Bilaspur v Sambalpur v Badbil v Jharsuguda v Vizag v Bhubhneshwar |
DIRECTORS
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Name : |
Mr. Nandkishor Gopichand Dandare |
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Designation : |
Director |
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Address : |
T/4/56, Shakthinagar, Devasuguru (Shaktinagar), Raichur – 584 170, |
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Date of Birth/Age : |
23.04.1983 |
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DIN No.: |
02980054 |
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Voter ID No.: |
YFO0402818 |
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Name : |
Ms. Sweta Nandakishore Dandare |
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Designation : |
Director |
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Address : |
28/3, A-3, Forest Society, Seminary Hills, Civil Lines, |
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Date of Birth/Age : |
22.08.1982 |
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Date of Appointment : |
28.11.2012 |
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DIN No.: |
02980774 |
KEY EXECUTIVES
|
Name : |
Mr. Rahul |
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Designation : |
Accounts Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 24.04.2010
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Names of Shareholders |
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No. of Shares |
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Nandkishor Gopichand Dandare |
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7000 |
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Sweta Nandakishore Dandare |
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3000 |
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Total |
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10000 |
BUSINESS DETAILS
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Line of Business : |
Trader and Importer of Coal. |
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Imports : |
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Products : |
Coal |
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Countries : |
v
v
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Terms : |
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Selling : |
Cash and Credit (30/ 60 days) |
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Purchasing : |
L/C, Cash and Credit (30/ 60 days)
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GENERAL INFORMATION
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Customers : |
Manufacturer and Industries v
VHM Industries v
Gharda Chemicals |
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No. of Employees : |
100 (Approximately) |
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Bankers : |
v Allahabad Bank,
Manewada Branch, Cement Road, Nagpur - 440 024, Maharashtra, India (Contact
No.: 91-712-2052088) v Axis Bank Limited,
Nagpur Branch, Maharashtra, India (Contact No.: 91-712-6621800) |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Tarun Sawal Chartered Accountant |
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Address : |
165, Nikunj, |
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E-Mail : |
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Income-tax
PAN of auditor or auditor's firm : |
AKNPS9562J |
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Group Companies: |
v IBC Infoline
v IBC Agro Limited
v Gursukh Energy Private
Limited
v MAA Tarani Energy
Private Limited
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CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
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250000 |
Equity Shares |
Rs.10/- each |
Rs.2.500 millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100
million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
|
Particulars |
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31.03.2012 |
31.03.2011 |
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Sales Turnover (Approximately) |
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142.500 |
80.000 |
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The above information has been parted by Mr. Rahul (Accounts
Department).
LOCAL AGENCY FURTHER INFORMATION
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Check
List by Info Agents |
Available
in Report (Yes / No) |
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1) Year of Establishment |
Yes |
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2) Locality of the firm |
Yes |
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3) Constitutions of the firm |
Yes |
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4) Premises details |
No |
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5) Type of Business |
Yes |
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6) Line of Business |
Yes |
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7) Promoter’s background |
Yes |
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8) No. of employees |
Yes |
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9) Name of person contacted |
Yes |
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10) Designation of contact person |
Yes |
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11) Turnover of firm for last two years |
Yes |
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12) Profitability for last three years |
No |
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13) Reasons for variation <> 20% |
-- |
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14) Estimation for coming financial year |
No |
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15) Capital in the business |
Yes |
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16) Details of sister concerns |
Yes |
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17) Major suppliers |
No |
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18) Major customers |
Yes |
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19) Payments terms |
Yes |
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20) Export / Import details (if applicable) |
Yes |
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21) Market information |
-- |
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22) Litigations that the firm / promoter
involved in |
-- |
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23) Banking Details |
Yes |
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24) Banking facility details |
Yes |
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25) Conduct of the banking account |
-- |
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26) Buyer visit details |
-- |
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27) Financials, if provided |
No |
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28) Incorporation details, if applicable |
Yes |
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29) Last accounts filed at ROC |
No |
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30) Major Shareholders, if available |
Yes |
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31)
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
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32)
PAN of Proprietor/Partner/Director, if available |
No |
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33)
Voter ID No of Proprietor/Partner/Director, if available |
Yes |
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34)
External Agency Rating, if available |
No |
Note:
The registered office of the company has been shifted from
3-C, 3rd Floor, JB Wing (NMC) Manglwari Complex, Sadar,
Bankers Charges
Report as per Registry
|
Corporate identity
number of the company |
U74900MH2010PTC203351 |
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Name of the
company |
IBC IMPEX
PRIVATE LIMITED |
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Address of the
registered office or of the principal place of business in |
2nd Floor,
Adv. Padheye House, M.G. House, Civil Lines, E-Mail: ibc@ibcgroup.in |
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This form is for |
Creation of
charge |
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Type of charge |
Book Debts Movable Property
(not being pledge) Others (Stocks) |
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Particular of
charge holder |
Allahabad Bank,
Manewada Branch, E-Mail: emailroc@rediffmail.com |
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Nature of description
of the instrument creating or modifying the charge |
General Letter of
Hypothecation applicable in the case of limited liability companies |
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Date of
instrument Creating the charge |
28.09.2011 |
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Amount secured by
the charge |
Rs.20.000 millions
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Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: Interest @ 4%
over base rate i.e. 14.75 % p.a. Terms of
Repayment: As per the
Agreement. Margin: Margin @ 25% on
Stocks and Book debts upto 90 days Extent and
Operation of the charge: At the request of
the borrower company, the bank has sanctioned Cash Credit limit of Rs.20.000
millions against Hypothecation of Stocks, book debts and other movable and
current assets of the borrower company. |
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Short particulars
of the property charged |
Hypothecation of
Stocks, book debts and other movable and current assets of the borrower
company. |
TRADE REFERENCES:
v
VHM Industries
v
Gharda Chemicals
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.61.33 |
|
|
1 |
Rs.100.79 |
|
Euro |
1 |
Rs.84.38 |
INFORMATION DETAILS
|
Information
Gathered by : |
PLK |
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Report Prepared
by : |
NKT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.