|
Report Date : |
03.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
KAILASHI SUPERSPECIALITY HOSPITAL AND RESEARCH CENTER PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
C-2, Shradha Puri Phase-2, Near BSNL Office, National Highway-58,
Meerut-250002, Uttar Pradesh |
|
|
|
|
Country : |
India |
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|
|
|
Date of
Incorporation : |
09.04.2012 |
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|
|
|
Com. Reg. No.: |
20-049782 |
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Capital
Investment / Paid-up Capital : |
Rs. 9.663 millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U85191UP2012PTC049782 |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
To carry on the business of rendering various services relating to treatment
of aliments including in particular to Run Diagnostic Centers, Operation
Theatres, Pathological Laboratories, X-Ray Clinics, Research Centers And
Cardio Graphic And Sonographic Centers. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
- |
NB |
New Business |
- |
|
Status : |
New Business |
|
|
|
|
Payment Behaviour : |
Unknown |
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|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a new company establishing itself gradually. Subject has
completed its eight month of business. Our executive failed to contact the subject. No other information
could be made available. Payment terms are unknown. The company can be considered for business dealing on a safe and
secured trade terms and condition. |
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) |
|
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
India is developing into an open-market economy, yet traces of
its past autarkic policies remain. Economic liberalization, including
industrial deregulation, privatization of state-owned enterprises, and reduced
controls on foreign trade and investment, began in the early 1990s and has
served to accelerate the country's growth, which has averaged more than 7% per
year since 1997. India's diverse economy encompasses traditional village
farming, modern agriculture, handicrafts, a wide range of modern industries,
and a multitude of services. Slightly more than half of the work force is in
agriculture, but services are the major source of economic growth, accounting
for more than half of India's output, with only one-third of its labor force.
India has capitalized on its large educated English-speaking population to become
a major exporter of information technology services and software workers. In
2010, the Indian economy rebounded robustly from the global financial crisis -
in large part because of strong domestic demand - and growth exceeded 8%
year-on-year in real terms. However, India's economic growth in 2011 slowed
because of persistently high inflation and interest rates and little progress
on economic reforms. High international crude prices have exacerbated the
government's fuel subsidy expenditures contributing to a higher fiscal deficit,
and a worsening current account deficit. Little economic reform took place in
2011 largely due to corruption scandals that have slowed legislative work.
India's medium-term growth outlook is positive due to a young population and
corresponding low dependency ratio, healthy savings and investment rates, and
increasing integration into the global economy. India has many long-term
challenges that it has not yet fully addressed, including widespread poverty,
inadequate physical and social infrastructure, limited non-agricultural
employment opportunities, scarce access to quality basic and higher education,
and accommodating rural-to-urban migration.
|
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 DENIED
Note: Unable to contact
LOCATIONS
|
Registered Office : |
C-2, Shradha Puri Phase-2, Near BSNL Office, National Highway—58, Meerut-250002,
Uttar Pradesh, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
|
Name : |
Mr. Ajay Mahabir Singh Malik |
|
Designation : |
Director |
|
Address : |
C-20, Jawahar Quarters, Lal Kurti, Meerut-250001, Uttar Pradesh, India |
|
Date of Birth/Age : |
07.01.1974 |
|
DIN No.: |
05239250 |
|
Date of appointment : |
09.04.2012 |
|
|
|
|
Name : |
Mr. Mahabir Kabool Singh Malik |
|
Designation : |
Director |
|
Address : |
C-20, Jawahar Quarters, Lal Kurti, Meerut-250001, Uttar Pradesh, India |
|
Date of Birth/Age : |
03.03.1940 |
|
DIN No.: |
05239239 |
|
Date of appointment : |
09.04.2012 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
|
Names of Shareholders |
|
No. of Shares |
|
Mahabir Malik |
|
3000 |
|
Kailashi Malik |
|
3000 |
|
Ajay Malik |
|
4000 |
|
Total |
|
10000 |
BUSINESS DETAILS
|
Line of Business : |
To carry on the business of rendering various services relating to
treatment of aliments including in particular to Run Diagnostic Centers,
Operation Theatres, Pathological Laboratories, X-Ray Clinics, Research
Centers And Cardio Graphic And Sonographic Centers. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|
|
|
|
Bankers : |
Punjab National Bank, E.K. Road, Meerut-250001, Uttar Pradesh, India |
|
|
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
Not Available |
CAPITAL STRUCTURE
Authorised Capital : Rs. 10.000
millions
Issued, Subscribed & Paid-up Capital : Rs. 9.663 millions
FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW BUSINESS
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 |
No |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
No |
|
12] |
Profitability for last
three years |
No |
|
13] |
Reasons for variation
<> 20% |
----- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
No |
|
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 |
No |
|
25] |
Conduct of the banking
account |
----- |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
No |
|
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 |
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate
identity number of the company |
U85191UP2012PTC049782 |
|
Name of the
company |
KAILASHI SUPERSPECIALITY HOSPITAL AND RESEARCH CENTER PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
C-2, Shradha Puri Phase-2, Near BSNL Office, National Highway—58,
Meerut-250002, Uttar Pradesh |
|
This form is for |
Creation
of charge |
|
Type of charge |
Immovable
Property Movable Property
(not being pledge) |
|
Particular of
charge holder |
Punjab National Bank, E.K. Road, Meerut-250001, Uttar Pradesh, India |
|
Nature of
instrument creating charge |
Term Loan Agreement,
Hypothecation of block Assets, Hypothecation of Current Assets agreement
dated 29.6.2012 for Term Loan Amounting Rs. 49.000 millions against Building,
Plant and Machinery (Medical Equipment) and miscellaneous fixed assets |
|
Date of
instrument Creating the charge |
29.06.2012 |
|
Amount secured by
the charge |
Rs. 49.000
millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest Base Rate +
0.50%+0.50% T.P. i.e. 11.50% Terms of
Repayment 3 monthly
installments of Rs. 0.500 millions from 14 January, 2014 to March, 2014, 12
monthly installments of Rs. 0.500 million each in Year 2014-15, 12 monthly
installments of Rs. 0.600 million each in Year 2015-16, 12 monthly
installments of Rs. 0.700 million each in Year 2016-17, 12 monthly
installments of Rs. 0.800 million each in Year 2017-18, 12 monthly
installments of Rs. 1.000 million each in Year 2018-19, 2 monthly
installments of Rs. 1.800 millions and last installments of Rs. 0.700 million
from April, 2019 to June, 2019. Margin Building – 25% Medical Equipment
– 25% Extent and
Operation of the charge EM of Immovable
Property (Building) and Equitable mortgage of Lease Rights (Land) at Plot No.
C-2, Shradhapuri, Phase-II, Meerut Hypothecation of
Plant and Machinery and Other Block assets and entire current assets. |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
EM of Immovable Property
(Building) and Equitable mortgage of Lease Rights (Land) at Plot No. C-2,
Shradhapuri, Phase-II, Meerut Hypothecation of
Plant and Machinery and Other Block assets and entire current assets. |
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.54.39 |
|
|
1 |
Rs.88.76 |
|
Euro |
1 |
Rs.72.19 |
INFORMATION DETAILS
|
Information
Gathered by : |
PJA |
|
|
|
|
Report Prepared
by : |
MRI |
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.