1. Summary Information
|
Country |
|
||
|
Company Name |
DEL TRADE
INTERNATIONAL PRIVATE LIMITED |
Principal Name 1 |
MR. RAMESH BANARSI DASS GUPTA |
|
Status |
MODERATE |
Principal Name 2 |
MRS. SAROJ GUPTA |
|
Registration # |
55-207458 |
||
|
Street Address |
BEETAL HOUSE,
99, MADANGIR, BEHIND LOCAL SHOPPING CENTRE, |
||
|
Established Date |
23.08.2010 |
SIC Code |
-- |
|
Telephone# |
91-11-29967331 |
Business Style 1 |
TRADER |
|
Fax # |
91-11-29961284 |
Business Style 2 |
-- |
|
Homepage |
NOT AVAILABLE |
Product Name 1 |
PACKAGING MATERIAL |
|
# of employees |
NOT AVAILABLE |
Product Name 2 |
RAW MATERIAL |
|
Paid up capital |
RS.3,280,150/- |
Product Name 3 |
-- |
|
Shareholders |
DIRECTORS
OR RELATIVES OF DIRECTORS – 100% |
Banking |
CORPORATION BANK |
|
Public Limited Corp. |
NO |
Business Period |
3 YEARS |
|
IPO |
NO |
International Ins. |
-- |
|
Public |
NO |
Rating |
B (27) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
8,575,000 |
Current Liabilities |
49,000 |
|
Inventories |
989,000 |
Long-term Liabilities |
6,505,000 |
|
Fixed Assets |
0,000 |
Other Liabilities |
0,000 |
|
Deferred Assets |
83,000 |
Total Liabilities |
6,554,000 |
|
Invest& other Assets |
0,000 |
Retained Earnings |
(187,000) |
|
|
|
Net Worth |
3,093,000 |
|
Total Assets |
9,647,000 |
Total Liab. & Equity |
9,647,000 |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
0,000 |
Net Profit |
(187,000) |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
|
Report Date : |
01.02.2013 |
IDENTIFICATION DETAILS
|
Name : |
DEL TRADE
INTERNATIONAL PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Beetal House,
99, Madangir, Behind Local Shopping Centre, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of Incorporation
: |
23.08.2010 |
|
|
|
|
Com. Reg. No.: |
55-207458 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.3.280
millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74999DL2010PTC207458 |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
DELD13151F |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCD5684R |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader of Packaging Material and Raw Material for Pharmaceutical Industry. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 12000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a relatively new company having a moderate track record. The
latest financials are not made available with the Government Department. As per previous year’s, there appears some loss. However, the performance in its first year seems to be good. Trade relations are reported to be fair. Business is active. Payments
are unknown. 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 – June 30, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
|
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
|
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 (PARTIAL DETAILS)
|
Name : |
Mr. Ramesh Banarsi Dass Gupta |
|
Designation : |
Director |
|
Contact No.: |
91-9810578908 |
|
Date : |
30.01.2013 |
LOCATIONS
|
Registered Office : |
Beetal House,
99, Madangir, Behind Local Shopping Centre, |
|
Tel. No.: |
91-11-29967331 |
|
Mobile No.: |
91-9810578908 (Mr. Ramesh Banarsi Dass Gupta) |
|
Fax No.: |
91-11-29961284 |
|
E-Mail : |
DIRECTORS
As on 30.09.2011
|
Name : |
Mr. Ramesh Banarsi Dass Gupta |
|
Designation : |
Director |
|
Address : |
Beetal House,
99, Madangir, Behind Local Shopping Centre, |
|
Date of Birth/Age : |
08.10.1949 |
|
Date of Appointment : |
23.08.2010 |
|
DIN No.: |
00200169 |
|
|
|
|
Name : |
Mrs. Saroj Gupta |
|
Designation : |
Director |
|
Address : |
Beetal House,
99, Madangir, Behind Local Shopping Centre, |
|
Date of Birth/Age : |
16.12.1950 |
|
Date of Appointment : |
23.08.2010 |
|
DIN No.: |
01053380 |
|
|
|
|
Name : |
Mr. Nitin Kishan Gopal Aggarwal |
|
Designation : |
Additional Director |
|
Address : |
House No.416, Sector 16-A, |
|
Date of Birth/Age : |
08.11.1980 |
|
Date of Appointment : |
28.02.2011 |
|
DIN No.: |
03445940 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Ramesh Gupta |
|
157515 |
|
Saroj Gupta |
|
20000 |
|
Nitin Aggarwal |
|
150000 |
|
Sushila Rani |
|
500 |
|
Total |
|
328015 |
As on 31.12.2011
|
Names of Allottees |
|
No. of Shares |
|
Kishan Gopal – HUF |
|
500 |
|
Ramesh Gupta |
|
250000 |
|
Nitin Aggarwal |
|
124000 |
|
Charu Gupta |
|
125000 |
|
Total |
|
499500 |
As on 24.10.2011
|
Names of Allottees |
|
No. of Shares |
|
Kishan Gopal |
|
500 |
|
Ramesh Gupta |
|
72485 |
|
Nitin Aggarwal |
|
99000 |
|
Total |
|
171985 |
As on 30.09.2011
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Directors
or relatives of directors |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Packaging Material and Raw Material for Pharmaceutical
Industry. |
|
|
|
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|
|
|
|
Bankers : |
Corporation Bank, Overseas Branch, M-93, |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
M.S.A.P. and Associates Chartered Accountants |
|
Address : |
U-203, IIIrd Floor, Vikas Marg, Shakarpur, |
|
Tel. No.: |
91-11-22056565 |
|
Mobile No.: |
91-9810990198/ 9999100727 |
|
Fax No.: |
91-11-22023186 |
|
E-Mail : |
|
|
Income-tax
PAN of auditor or auditor's firm : |
AAOFM9284C |
CAPITAL STRUCTURE
After 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
999500 |
Equity Shares |
Rs.10/- each |
Rs.9.995
millions |
|
|
|
|
|
As on 30.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
500000 |
Equity Shares |
Rs.10/- each |
Rs.5.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
328015 |
Equity Shares |
Rs.10/- each |
Rs.3.280
millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2011 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
3.280 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
0.000 |
|
|
4] (Accumulated Losses) |
|
|
(0.187) |
|
|
NETWORTH |
|
|
3.093 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
6.505 |
|
|
TOTAL BORROWING |
|
|
6.505 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
9.598 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.000 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERRED TAX ASSETS |
|
|
0.083 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.989 |
|
|
Sundry Debtors |
|
|
0.000 |
|
|
Cash & Bank Balances |
|
|
7.217 |
|
|
Other Current Assets |
|
|
0.001 |
|
|
Loans & Advances |
|
|
1.357 |
|
Total
Current Assets |
|
|
9.564 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
0.000 |
|
|
Other Current Liabilities |
|
|
0.049 |
|
|
Provisions |
|
|
0.000 |
|
Total
Current Liabilities |
|
|
0.049 |
|
|
Net Current Assets |
|
|
9.515 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
9.598 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
0.000 |
|
|
|
Other Income |
|
|
0.001 |
|
|
|
Stock of Goods (Net) |
|
|
0.989 |
|
|
|
TOTAL
|
|
|
0.990 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Purchase |
|
|
0.989 |
|
|
|
Personnel Expenses |
|
|
0.038 |
|
|
|
Operating, Administrative and Other Expenses |
|
|
0.106 |
|
|
|
Preliminary Expenses written off |
|
|
0.116 |
|
|
|
TOTAL |
|
|
1.249 |
|
|
|
|
|
|
|
|
Less |
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
|
|
(0.259) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
|
0.011 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX |
|
|
(0.270) |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
|
(0.083) |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
AFTER TAX |
|
|
(0.187) |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
|
|
(0.187) |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (Rs.) |
|
|
(0.57) |
|
|
Particulars |
|
|
31.03.2012 |
|
Sales Turnover (Approximately) |
|
|
100.000 |
|
|
|
|
|
Expected Sales (2012-2013): Rs.270.000 millions (Till date)
The above information has been parted by Mr. Ramesh Banarsi Dass Gupta
(Director).
KEY RATIOS
|
PARTICULARS |
|
|
|
31.03.2011 |
|
PAT / Total Income |
(%) |
|
|
(18.89) |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
|
|
0.00 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
|
|
(2.82) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
|
|
(0.09) |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
|
|
2.10 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
|
195.18 |
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 |
Yes |
|
10) Designation of contact person |
Yes |
|
11) Turnover of firm for last two years |
Yes |
|
12) Profitability for last one year |
Yes |
|
13) Reasons for variation <> 20% |
-- |
|
14) Estimation for coming financial year |
Yes |
|
15) Capital in the business |
Yes |
|
16) Details of sister concerns |
No |
|
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 |
Yes |
|
24) Banking facility details |
Yes |
|
25) Conduct of the banking account |
-- |
|
26) Buyer visit details |
-- |
|
27) Financials, if provided |
Yes |
|
28) Incorporation details, if applicable |
Yes |
|
29) Last accounts filed at ROC |
No |
|
30) Major Shareholders, if available |
Yes |
|
31)
Date of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32)
PAN of Proprietor/Partner/Director, if available |
No |
|
33)
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34)
External Agency Rating, if available |
No |
|
Unsecured Loans |
31.03.2011 (Rs. in Millions) |
|
Loan from directors/shareholders
and their relatives |
6.505 |
|
Total |
6.505 |
CURRENT YEAR’S
OUTLOOK:
The company plans to deal in Import of Aluminium Foils used as
packaging material for pharmaceutical Industry and also in API (Bulk Drug) Import
from
Bankers Charges
Report as per Registry
|
Corporate
identity number of the company |
U74999DL2010PTC207458 |
|
Name of the
company |
DEL TRADE
INTERNATIONAL PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
Beetal House,
99, Madangir, Behind Local Shopping Centre, E-Mail: deltradeint@gmail.com |
|
This form is for |
Creation of
charge |
|
Type of charge |
Book Debts Movable Property
(not being pledge) |
|
Particular of
charge holder |
Corporation Bank, Overseas Branch, M-93, E-Mail: pankajkpc@gmail.com |
|
Nature of
description of the instrument creating or modifying the charge |
Common Deed of
Hypothecation of Movables/ Assets/ Debts. |
|
Date of
instrument Creating the charge |
12.06.2012 |
|
Amount secured by
the charge |
Rs.115.000
millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest: ROI shall be
13.60% p.a. being 3.10% over and above Corporation Bank Base Rate, which is
10.50% p.a. at present. Terms of
Repayment: CC: Running
account repayable on demand subject to Annual Renewal. Margin: Raw Material: 25% Debtors: 30% Cash Margin: 15% Extent and
Operation of the charge: Cash Credit:
Rs.10.000 millions Inland/Import
LC-Cum Buyers Credit: Rs.90.000 millions BE Under LC:
Rs.15.000 millions Others: -NA- |
|
Short particulars
of the property charged |
Hypothecation of
movable fixed assets excluding vehicles both present and future. |
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.53.29 |
|
|
1 |
Rs.84.22 |
|
Euro |
1 |
Rs.72.23 |
INFORMATION DETAILS
|
Information Gathered
by : |
PLK |
|
|
|
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
27 |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
- |
NB |
New Business |
- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.