|
Report Date : |
18.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
ASSOTECH REALTY PRIVATE LIMITED (w.e.f. 18.12.2003) |
|
|
|
|
Formerly Known
As : |
SAMPADA REALTY PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
10, Sagar Apartments, 6 Tilak Marg, New Delhi – 110001 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
23.12.2002 |
|
|
|
|
Com. Reg. No.: |
55-118153 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.99.999 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45201DL2002PTC118153 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAHCS6864J |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Real Estate Service Provider and Building Construction. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (47) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 1200000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a satisfactory track record. Management of the company has not file the latest financials of 2013,
with the government department. As per available, the company has seen a better
increase in its sales turnover as well as net profitability during 2012.
There are no external borrowings recorded in the books. Overall position of
the company appears to be decent. The rating also take into consideration the prevailing downturn in the
realty sector. However, trade relations are fair. Business is active. Payment terms
are reported as usually correct. The company can be considered 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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
|
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
The current downturn
provides an opportunity to push ahead with reforms to accelerate growth, says
the latest India Development Update report released by the World Bank. The
report says that the adverse effects of rupee depreciation are likely to be
offset by the gains in the exports performance due to improved external
competitiveness. Since May this year, the local currency has depreciated
substantially and fell to a record level of Rs 68.85 to a dollar on August, 28.
A stagflation like
situation appears to have arisen as inflation jumped to an eight month high of
6.46 % for the month of September. It is up from 6.10 % in August. Growth
continues to be muted with factory output plunging to 0.6 % in August.
Onion prices have risen nearly 300 % from last September. Vegetables cost
nearly 90 % more than they did last year. Wake up to the economic contribution
of slum dwellers. They contribute more than 7.5 % to the country’s gross
domestic product, according to a recent study conducted in 50 top cities.
136000 estimated
number of jobs created during the second quarter of the current financial year.
50000 estimated number of additional jobs in the field of corporate social
responsibility in the coming years.
The International Finance
Corporation expects to come out with its rupee linked bonds issue before the
end of 2013 as a part of its plan to raise $ 1 billion. The Apple iPhone 5c (Rs
41900 for 16 GB variant) and 5s (Rs 53500 for 16GB variant) has been launched
in India from 1st November.
The Land Acquisition
Act to provide just and fair compensation to farmers will come into force from
January 1 next year, said Rural Development Minister Jairam Ramesh. The Act
replaces a 119 year old registration. The Securities and Exchange Board of
India has approved the trading of currency futures on the Bombay Stock
Exchange. The exchange plans to launch the currency futures platform with
advanced trading technology by the end of November.
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 (General Details)
|
Name : |
Mr. Rajesh Gupta |
|
Designation : |
Finance Controller |
|
Contact No.: |
91-11-23765555 |
|
Date : |
18.12.2013 |
LOCATIONS
|
Registered Office : |
10, Sagar Apartments, 6 Tilak Marg, New Delhi – 110001, India |
|
Tel. No.: |
91-11-23074074/ 75/ 76 |
|
Fax No.: |
91-11-23074101 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
46, Janpath, New Delhi – 110001, India |
|
Tel. No.: |
91-11-23765555 |
|
Fax No.: |
91-11-23765556 |
|
E-Mail : |
DIRECTORS
(AS ON 30.05.2012)
|
Name : |
Mr. Neeraj Gulati |
|
Designation : |
Managing Director |
|
Address : |
36, Harcharan Bagh, Andheri Morh, Mehrauli, New Delhi – 110070, India |
|
Date of Appointment : |
27.11.2003 |
|
DIN No.: |
00013525 |
|
Pan No.: |
AAHPG7496H |
|
|
|
|
Name : |
Mr. Umesh Nagpal |
|
Designation : |
Director |
|
Address : |
10, Sagar Apartments, 6 Tilak Marg, New Delhi – 110001, India |
|
Date of Appointment : |
28.10.2006 |
|
DIN No.: |
02436091 |
|
Pan No.: |
AENPN8681H |
KEY EXECUTIVES
|
Name : |
Mr. Rajesh Gupta |
|
Designation : |
Finance Controller |
|
|
|
|
Name : |
Mr. Inderpreet Singh |
|
Designation : |
Company Secretary |
|
Address : |
C-65, Sector – 52, Noida – 201301, Uttar Pradesh, India |
|
Date of Appointment : |
15.02.2006 |
|
DIN No.: |
AMCPS5949N |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 30.05.2012)
|
Names of Shareholders |
|
No. of Shares |
|
|
|
|
|
Cartel Finance and Investments Private Limited, India |
|
8750000 |
|
Neeraj Gulati |
|
8869993 |
|
Naresh Nagpal |
|
72559645 |
|
Umesh Nagpal |
|
9820287 |
|
|
|
|
|
Total |
|
99999925 |
(AS ON 30.09.2012)
Equity Shares Break – up
|
Category |
|
Percentage |
|
|
|
|
|
Bodies corporate |
|
8.75 |
|
Directors or relatives of directors |
|
91.25 |
|
|
|
|
|
Total
|
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Real Estate Service Provider and Building Construction. |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
No. of Employees : |
Not Divulged |
|
|
|
|
Bankers : |
· Bank of Baroda Paschim Vihar Branch, B-2/13, Paschim Vihar, New Delhi – 110063, India
· Bank of India Connaught Circus, New Delhi – 110001, India |
|
|
|
|
Facilities : |
-- |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Rajiv Gupta and Company Chartered Accountants |
|
Address : |
304, Corporate Towers, 85-A, Zamrudpur, Greater, Kailash – I, New
Delhi, India |
|
PAN No.: |
AAAFR0129B |
|
|
|
|
Subsidiary Company : |
· Cabana Estates Private Limited · Srjan Technologies Private Limited |
|
|
|
|
|
Note: Total Group Company 60 |
CAPITAL STRUCTURE
(AS ON 30.05.2012)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000000 |
Equity Shares |
Rs.1/- each |
Rs.100.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
99999925 |
Equity Shares |
Rs.1/- each |
Rs.99.999
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 |
|
99.999 |
99.999 |
|
(b) Reserves & Surplus |
|
196.296 |
193.990 |
|
(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) |
|
296.295 |
293.989 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
405.832 |
395.693 |
|
(c) Other long
term liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
0.630 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
406.462 |
395.693 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
|
0.000 |
0.000 |
|
(b)
Trade payables |
|
248.665 |
93.120 |
|
(c)
Other current liabilities |
|
390.004 |
386.576 |
|
(d) Short-term
provisions |
|
1.773 |
1.042 |
|
Total Current
Liabilities (4) |
|
640.442 |
480.738 |
|
|
|
|
|
|
TOTAL |
|
1343.199 |
1170.420 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
|
9.208 |
9.765 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
21.246 |
21.246 |
|
(c) Deferred tax assets (net) |
|
1.550 |
0.777 |
|
(d) Long-term Loan and Advances |
|
89.415 |
94.414 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
121.419 |
126.202 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
803.991 |
804.154 |
|
(c)
Trade receivables |
|
305.220 |
123.151 |
|
(d) Cash
and cash equivalents |
|
53.302 |
20.327 |
|
(e)
Short-term loans and advances |
|
59.267 |
96.586 |
|
(f)
Other current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
1221.780 |
1044.218 |
|
|
|
|
|
|
TOTAL |
|
1343.199 |
1170.420 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
99.999 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
191.512 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
291.511 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
87.432 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
87.432 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
378.943 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
11.947 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
31.245 |
|
|
DEFERREX TAX ASSETS |
|
|
0.671 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
797.247 |
|
|
Sundry Debtors |
|
|
60.631 |
|
|
Cash & Bank Balances |
|
|
234.388 |
|
|
Other Current Assets |
|
|
1.085 |
|
|
Loans & Advances |
|
|
203.730 |
|
Total
Current Assets |
|
|
1297.081 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
|
|
70.087 |
|
|
Other Current Liabilities |
|
|
890.283 |
|
|
Provisions |
|
|
1.631 |
|
Total
Current Liabilities |
|
|
962.001 |
|
|
Net Current Assets |
|
|
335.080 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
378.943 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
|
|
|
|
|
INCOME FROM
OPERATIONS |
305.400 |
263.600 |
NA |
|
|
|
|
|
|
|
|
NET PROFIT
(Loss) |
3.442 |
2.478 |
NA |
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.00
|
0.00 |
0.30 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.91
|
2.17 |
1.35 |
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 |
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 |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
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 |
No |
|
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 |
NOTE:
The Registered office of the company has been
shifted from, S-7, DDA Shopping Complex, Phase – I, Mayur Vihar, New Delhi –
110091, India, to the present address w.e.f. 07.06.2006.
INDEX OF CHARGES
|
S. No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10208124 |
06/03/2010 |
20,000,000.00 |
Bank of Baroda |
Paschim Vihar
Branch, B-2/13, Paschim Vihar, New |
A81509010 |
PRESS RELEASE
ASSOTECH REALTY
BUSINESS CRESTERRA OFFICE SPACE ASSURED RETURN PLAN
Golf Putting Greens
give you the time lag to go on a jaunt by yourself and take a walk while
getting yourself the necessary exercise and clearing your mind.
July 26, 2013
Welcome to Assotech Business Cresterra”
Your new command center for all your corporate battles and wars located in
sector 135 noida expressway this is nothing less than a modern fortress that
also backs up as a luxurious castle to give you the ultimate experience of
running your business as important as picking the battles your choose to fight,
are the grounds you chose to fight them in. spread across a latish 14 acres, it
amalgamates commercial, serviced suites retail space to ensure that you always
have the option to stay close to your business and there is a complete range of
stores to meet every need of yours from food to fashion and everything in
between.
The Intelligent office
space
Every battle won gives and emperor a greater impact us to win the war. And that
why at ASSOTECH BUSINESS CRESTERRA we ensure you're completely armed to take on
any competition and spread your business empire at an unprecedented pace. Some
of the key features of Assotech Realty ABC are centrally air-conditioned
offices to help you keep your cool in those heated moments of decision making.
Grand atriums with lounges and lobbies to give you space to expand your
horizons. A large central green landscaped area with water bodies visible from
offices to give you a feeling of stress free ambience. Completely complaint
with vaastu to make sure that you is always headed in the right direction.
A proposed LEED Gold Certified Green Building
The ground floor lobby area has been constructed keeping in mind the fact that
it's the first impression
your clients and guests will have of your organization and you and as it has
often been said; first impression is the last impression. Our high speed
elevators ensure that your waste minimal the commuting between floors and reach
work in time.
Conference halls board rooms with
video conferencing- and other such host of features ensures that
you suffer from no handicap whatsoever and your farsightedness is bolstered by
technology.
Our library gives you access to seemingly endless books endless books and
literature Knowledge as we know after all is the most effective weapon on any
battleground.
Excellent Wi-Fi Connectivity- gives you the liberty to walk around while staying connected you
don't need to stay glued to your workstations anymore no more restrictions.
From food to fashion everything you need all that you want. High street
fashion. Fresh groceries. Home decor. In short, a complete shopping experience.
So get going. Start shopping.
All you have to do is hop over to the other side of the road. Experience a
plethora of brands collections that will take your breath away.
We had an innovative idea
We added a number of serviced residences to Assotech Business Cresterra so that
none of your guests or clients who visit you will have to stay too far away. On
occasion, if you wish, you can stay here too. On those late bights of hard
work. On those long drawn weekends when you're finishing up the backlog. Just
like in the ancient days, emperors who waged wars for complete domination,
always stayed close to the battlefield to monitor every movement, these
serviced apartments are your own private living quarters as you move ahead in
the world of business.
ASSOTECH REALTY
LAUNCHES SERVICED APARTMENTS AT SHIRDI
The apartments will be built at an estimated cost of Rs.1000.000
Millions.
New Delhi - June 10, 2013
Assotech Realty has launched premier serviced residences at Shirdi to cater to
the needs of pilgrims.
The apartments -- ‘Sandal Suites’ will be built at an estimated cost of
Rs.1000.000 Millions, the company said in a statement. Assotech Realty has
developed its flagship project ‘Cabana Serviced Residences’ in Delhi/NCR.
With over 10 lakh visitors thronging the city every month, Sandal Suites
at Shirdi will offer ultramodern design, infrastructure and amenities to the
customers. Spread over 2.5 acres of land, Sandal Suites – Shirdi will have 125
designed suites set amidst large spance of landscaping and water bodies. Just
walking distance from Shirdi Shrine, the project will have a small Sai Temple
and Satsang Hall along with Pooja area and meditation centres, the company
said.
Neeraj Gulati, Managing Director – Assotech Realty, “We have done an in-depth
research on identifying the location and approaching it with a different aspect
to make it subtle yet fruitful proposition for pilgrims. This is an opportunity
to not only own a home in the spiritual town but also make it earn valuable
income from the asset so created. The investment is meant to bring recurring
returns to around 18–20% annually with expected daily rental between
Rs.5000-6000.”
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.62.13 |
|
|
1 |
Rs.101.53 |
|
Euro |
1 |
Rs.85.41 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Report Prepared
by : |
NIT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
47 |
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.