|
Report Date : |
19.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
SAMPURNA MARKETING PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
No.10, 2nd Floor, First Main Road, Vyalikaaval, Bangalore –
560 003, Karnataka |
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|
Country : |
India |
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|
|
Financials (as
on) : |
31.03.2013 |
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|
Date of
Incorporation : |
16.10.1989 |
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Com. Reg. No.: |
08-010441 |
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|
|
Capital
Investment / Paid-up Capital : |
Rs.0.102
million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51909KA1989PTC010441 |
|
|
|
|
TIN No.: |
29570761876 |
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|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
BLRS05309D |
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|
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PAN No.: [Permanent Account No.] |
ALGPS0165B AACCS3791B |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged in supplying and trading a comprehensive range of Sanitary Products and Bathroom Accessories. |
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|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (34) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 49000 |
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|
|
Status : |
Moderate |
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|
|
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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|
Comments : |
Subject is an
established company having a moderate track record. There appears drastic
dip in the profit of the company. However, reserves of the company appears to
be decent. However, trade
relations are fair. Business is active. Payments are reported to be slow but
correct. The company can
be considered for business dealings with some 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
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.
LOCATIONS
|
Registered Office : |
No.10, 2nd Floor, First Main Road, Vyalikaaval, Bangalore –
560 003, Karnataka, India |
|
Tel. No.: |
91-80-40733000 |
|
Fax No.: |
91-80-40733030 |
|
E-Mail : |
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Website : |
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Head Office : |
17, 1st Cross, 12/13th Main, Vasantanagar,
Bangalore – 560 052, Karnataka, India |
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|
|
|
Branch Office 1 : |
G-28B T.V Industrial Estate, A.K Ahire Marg, Worli, Mumbai
– 400 025, Maharashtra, India |
|
Tel. No.: |
91-22-24904730 |
|
|
|
|
Branch Office 2 : |
No.90, New Manglapuri, Mehrauli Gurgaon Road, New Delhi –
110 030, India |
|
Tel. No.: |
91-11-26302678/ 79 |
DIRECTORS
AS ON 30.09.2013
|
Name : |
Mr. Sanjay Shroff |
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|
Designation : |
Director |
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|
Address : |
42, Sampurna, 8, Palace Cross Road, Bangalore – 560 020, Karnataka,
India |
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Date of Birth/Age : |
19.07.1961 |
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Date of Appointment : |
06.06.2007 |
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DIN No.: |
00548135 |
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Other Directorship:
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|
Name : |
Mr. Rajesh Kumar Rai |
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Designation : |
Additoinal Director |
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|
Address : |
102, Kristal Ambre Apartments, 8th Main, 14th
Cross, N.S. Palya, B.T.M. Layout, 2nd Stage, Bangalore – 560 076,
Karnataka, India |
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Date of Birth/Age : |
06.08.1961 |
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Date of Appointment : |
25.03.2010 |
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DIN No.: |
02862587 |
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Other Directorship:
|
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KEY EXECUTIVES
|
Name : |
Mr. S. Sekar |
|
Designation : |
Director – Projects |
|
|
|
|
Name : |
Mr. Mrinal Kumar |
|
Designation : |
Manager – Business Development, Bangalore |
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|
|
|
Name : |
Mr. Suheel Nabi |
|
Designation : |
Manager – Business Development, New Delhi |
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|
|
|
Name : |
Mr. Dheeraj Khandelwal |
|
Designation : |
Manager – Business Development, Mumbai |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
|
Names of Shareholders |
|
No. of Shares |
|
Sanjay Shroff |
|
210 |
|
Yashodhara Shroff |
|
400 |
|
Rishi Shroff |
|
410 |
|
Total
|
|
1020 |
AS ON 30.09.2013
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Directors
or relatives of directors |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in supplying and trading a comprehensive range of Sanitary Products and Bathroom Accessories. |
|
|
|
|
Products : |
· Soap Dispensers · Automatic Paper Towel Dispensers · Hot Air Hand Dryers · Paper Towel Dispensers · Waste Receptacles · Toilet Tissue Dispensers · Bathroom Accessories · Sensor Faucets · Baby Changing Stations · Combination Paper Towel Dispensers · Sanitary Napkin Disposal Receptacles |
GENERAL INFORMATION
|
Customers : |
· Delhi International Airport Limited Terminal 3, New Delhi · Chhatrapati Shivaji International Airport, Domestic Terminal 1A, Mumbai · Mumbai International Airport, Mumbai · Chennai International Airport, Chennai · Emirates VIP Lounge, Delhi International Airport, Delhi · CISCO, Cessna Business Parks, Bangalore · Cerner, Manyata Tech Park, Bangalore · Reliance ADA Corporate Office, New Delhi · SAP Labs, Bangalore · Royal Bank of Scotland, New Delhi · ADP Systems, Hyderabad · CISCO, Vrindavan Tech Village, Bangalore · Shell, Chennai · SAP Labs, Mumbai · Khaitan and Company, New Delhi · Welspun, Mumbai · Yahoo, Bagmane Tech Park, Bangalore · TSI Ventures Waverock, Hyderabad · n VIDIA, Manyata Tech Park, Bangalore · India Bulls Properties, Mumbai · Cognizant, MEPZ, Chennai · Khaitan and Company, Kolkata · Lighthouse Advisors, Mumbai · DTZ Corporate Office, Bangalore · Qualcomm, Bangalore |
|
|
|
|
No. of Employees : |
Not Available |
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|
|
|
Bankers : |
Not Available |
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|
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Facilities : |
-- |
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|
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Banking
Relations : |
-- |
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|
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Auditors : |
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|
Name : |
G. Bagrodia and Company Chartered Accountants |
|
Address : |
14/3, 10th C Main, Jayanagar, 1st Block,
Bangalore – 560 011, Karnataka, India |
|
PAN No.: |
AADFG6043L |
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|
|
|
Other Related Parties : |
Bangalore Paints Limited |
CAPITAL STRUCTURE
AS ON 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000 |
Equity Shares |
Rs.100/- each |
Rs.0.500 million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1020 |
Equity Shares |
Rs.100/-
each |
Rs.0.102
million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1) Shareholders' Funds |
|
|
|
|
(a) Share Capital |
0.102 |
0.102 |
0.102 |
|
(b) Reserves & Surplus |
12.137 |
11.954 |
6.685 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
12.239 |
12.056 |
6.787 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) Long-term borrowings |
5.517 |
5.315 |
5.315 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long
term liabilities |
0.000 |
0.000 |
0.000 |
|
(d) Long-term
provisions |
0.238 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
5.755 |
5.315 |
5.315 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b)
Trade payables |
0.000 |
0.513 |
2.848 |
|
(c) Other
current liabilities |
4.457 |
4.031 |
1.529 |
|
(d) Short-term
provisions |
0.888 |
2.304 |
0.921 |
|
Total Current
Liabilities (4) |
5.345 |
6.848 |
5.298 |
|
|
|
|
|
|
TOTAL |
23.339 |
24.219 |
17.400 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i)
Tangible assets |
4.054 |
1.459 |
1.164 |
|
(ii)
Intangible Assets |
0.025 |
0.020 |
0.020 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.246 |
0.042 |
0.000 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
4.325 |
1.521 |
1.184 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.500 |
|
(b)
Inventories |
1.563 |
1.628 |
3.133 |
|
(c)
Trade receivables |
2.151 |
0.870 |
0.000 |
|
(d) Cash
and cash equivalents |
10.221 |
18.829 |
10.440 |
|
(e)
Short-term loans and advances |
1.497 |
0.073 |
0.159 |
|
(f)
Other current assets |
3.582 |
1.298 |
1.984 |
|
Total Current
Assets |
19.014 |
22.698 |
16.216 |
|
|
|
|
|
|
TOTAL |
23.339 |
24.219 |
17.400 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from operations |
|
28.711 |
34.029 |
|
|
|
Other Income |
|
1.630 |
1.739 |
|
|
|
TOTAL (A) |
|
30.341 |
35.768 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases of stock-in-trade |
|
15.112 |
6.429 |
|
|
|
Changes in
inventories of finished goods, work-in-progress and stock-in-trade |
|
0.065 |
1.505 |
|
|
|
Employee benefit expense |
|
6.252 |
7.017 |
|
|
|
Other expenses |
|
7.246 |
12.763 |
|
|
|
TOTAL (B) |
|
28.675 |
27.714 |
|
|
|
|
|
|
|
|
Less |
PROFIT
/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
|
1.666 |
8.054 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES (D) |
|
0.451 |
0.474 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
1.215 |
7.580 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
0.941 |
0.467 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX (E-F) (G) |
|
0.274 |
7.113 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
|
0.091 |
2.257 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX (G-H) (I) |
|
0.183 |
4.856 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
|
11.954 |
7.098 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
|
12.137 |
11.954 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
4.660 |
21.434 |
|
|
|
|
|
|
|
|
|
|
CIF VALUE OF
IMPORTS |
|
15.079 |
6.412 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
|
179.45 |
4760.75 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
0.60
|
13.58 |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.95
|
20.90 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.19
|
29.42 |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.02
|
1.05 |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.45
|
0.44 |
0.78 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.56
|
3.31 |
3.06 |
LOCAL AGENCY FURTHER INFORMATION
|
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 two years |
Yes |
|
12) Profitability for last two 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 |
Yes |
|
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 |
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 |
No |
|
33)
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34)
External Agency Rating, if available |
No |
Note:
No Charges Exit for Company.
|
Unsecured Loans |
31.03.2013 (Rs. in Millions) |
31.03.2012 (Rs. in Millions) |
|
LONG TERM BORROWINGS |
|
|
|
Loans and
advances from related parties Terms of Repayment:
Repayable after 12 months |
5.517 |
5.315 |
|
Total |
5.517 |
5.315 |
Note:
The registered office of the company has been shifted from #301, Embassy Chambers, 5, Vittal Mallya Road, Cubbon Park P.S., Bangalore – 560 001, Karnataka to the present address w.e.f. 14.12.2007.
FIXED ASSETS:
·
Computer and Printers
·
Computer Software
·
Furniture
·
Office Equipments
·
Vehicle
·
Leasehold Improvements
·
Electrical Equipments
WEBSITE DETAILS:
PROFILE:
Subject incorporated in 1989 became exclusive partners of
USA based multi-national company BOBRICK Washroom Equipment Inc. in India in
2007. Through BOBRICK, subject offers stainless steel washroom accessories viz.
Soap Dispensers, Paper Towel Dispensers, Waste Receptacles, Toilet Tissue
Dispensers, Hand Dryers, and Baby Changing Stations etc. mainly to commercial
establishments. With its corporate office at Bangalore, subject expanded its
operations to New Delhi and Mumbai. Company is having its showrooms at all
these three locations showcasing all the products of BOBRICK. Subject has a Pan
India reach and in a short span of its operations in India; it has serviced the
requirements of clients from all over the country. Some notable names would be:
Delhi International Airport Terminal 3, Yahoo, CISCO, Nokia etc. By sheer hard
work and rigorous sales and after sales services; subject has become a trusted
name among architects/Builders/Developers/PMC/Vendors. Carrying its expertise
in offering Stainless Steel Washroom Accessories to commercial establishments
viz. Airports, Commercial Offices, Hotels, Shopping Malls, Hospital,
Multiplexes etc.; subject has recently tied-up with a Swiss based company AQUIS
Sanitar AG in 2010. AQUIS manufactures IQUA sensor faucets and HIGHTECH
designer washbasins. IQUA has a variety of sensor faucets having some unique
functions which make them stand out of other sensor faucets available in Indian
market. The variety of sensor faucets gives specifier design as well budget
flexibility. Under HIGHTECH, there are varieties of concrete washbasins
available in various designs and shapes. The abundance of colors and various
designs make HIGHTECH washbasins a definite choice for the specifiers.
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.61.92 |
|
|
1 |
Rs.100.83 |
|
Euro |
1 |
Rs.85.27 |
INFORMATION DETAILS
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
DEFAULTERS |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
34 |
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.