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Report Date : |
08.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
CELLTICK MOBILE
MEDIA ( |
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Registered
Office : |
136, |
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Country : |
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Date of
Incorporation : |
07.02.2011 |
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Com. Reg. No.: |
11-213130 |
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Capital
Investment / Paid-up Capital : |
Rs.2.492
millions |
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CIN No.: [Company Identification
No.] |
U64204MH2011FTC213130 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMC18186A |
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PAN No.: [Permanent Account No.] |
AAECC3150C |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Providing Software Solutions for the Telecom Industry. |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca (18) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a part of “Celltick Technologies Singapore Pte. Limited.” Subject is a relatively new company establishing itself gradually. The
management have fail to file its financial since its incorporation. Our executive unable to contact the company. Business is active. Payments are unknown. The company can be considered for business dealings 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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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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 DECLINED
Unable to contact
LOCATIONS
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Registered Office : |
136, |
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Tel. No.: |
Not Available |
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Fax No.: |
Not Available |
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E-Mail : |
DIRECTORS
|
Name : |
Mr. Ramgopal Vidyanand |
|
Designation : |
Director |
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Address : |
Flat No.504, Janpratinidhi Apartment, Sector 28, Gurgaon – 122 001, |
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Date of Birth/Age : |
10.07.1973 |
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Date of Appointment : |
07.02.2011 |
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DIN No.: |
03294894 |
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Name : |
Shlomo Hagai |
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Designation : |
Director |
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Address : |
18, BEN ZVI Shimon, Givatayim NA |
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Date of Birth/Age : |
13.11.1971 |
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Date of Appointment : |
07.02.2011 |
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DIN No.: |
03294510 |
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Name : |
Ronen Zalah Daniel |
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Designation : |
Director |
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Address : |
27A, |
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Date of Birth/Age : |
13.10.1962 |
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Date of Appointment : |
07.02.2011 |
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DIN No.: |
03294521 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 07.03.2012
|
Names of Allottees |
|
No. of Shares |
|
Celltick Technologies |
|
249232 ** |
|
Ronen Daniel, |
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1 ** |
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Total |
|
249233 |
** 249233 Equity Shares allotted as subscribers to Memorandum and Articles
of Association.
** Since Ronen Daniel, being the Authorised Representative of Celltick
Technologies Limited (acting as Nominee of Celltick
Technologies
BUSINESS DETAILS
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Line of Business : |
Providing Software Solutions for the Telecom Industry. |
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GENERAL INFORMATION
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No. of Employees : |
Not Available |
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Bankers : |
Not Available |
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Banking
Relations : |
-- |
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Auditors : |
Not Available |
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Holding Company : |
Celltick
Technologies Address: 371, |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
700000 |
Equity Shares |
Rs.10/- each |
Rs.7.000 millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
249233 |
Equity Shares |
Rs.10/- each |
Rs.2.492
millions |
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|
|
|
|
FINANCIAL DATA
[all figures are in
Rupees Millions]
NOT AVAILABLE
LOCAL AGENCY FURTHER INFORMATION
|
Check
List by Info Agents |
Available
in Report (Yes / No) |
|
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 |
No |
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9) Name of person contacted |
No |
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10) Designation of contact person |
No |
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11) Turnover of firm for last three years |
No |
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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 |
No |
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19) Payments terms |
No |
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20) Export / Import details (if
applicable) |
No |
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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 |
No |
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24) Banking facility details |
No |
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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 |
No |
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34)
External Agency Rating, if available |
No |
WEBSITE DETAILS:
MEDIA RELASE
JVP LEADS $8
MILLION FINANCING ROUND IN CELLTICK
Following financing, Company started
recruiting employees to develop the next generation products
Mobile telephony
Home Screen marketing and advertising leader Celltick announced today it has
completed an $8 million financing round. The round was led by JVP, which has
invested in the Company since its very inception. The round included existing
investors.
Celltick manages
content and advertising for 100 million mobile users in 20 countries around the
world. The number of users is growing by 5 million per month.
During the last
three years, Celltick successfully changed its business model, moving from
being a technology supplier to a media company which uses a unique proprietary
technology. This change brought about a significant growth in revenues and
profitability.
During the past
year, Celltick won a large number of advertising campaigns from several
prominent advertisers such as: Unilever, Volkswagen, Fiat, Coca Cola, insurers,
cosmetics companies, as well as digital content producers such as Gameloft.
Celltick has over 50
profit-sharing agreements globally, with mobile operators such as
According to Ronen Daniel, CEO of Celltick, the new business model has quadrupled the Company’s
revenues for the third consecutive year. He said that the Company plans to use
the financing proceeds to grow and develop the Company's media and product
capabilities. “I would like to thank JVP for its ongoing support and for
accompanying us closely over the years. In the past few years start up
companies are taking longer to mature and JVP’s patience constitutes a very
significant and critical element in the Company’s success,” says Daniel.
Uri Adoni, Venture Partner at JVP, said that Celltick
is a great example of a multi disciplinary new media company. “Celltick’s
ability to incorporate unique technology, international and local content, innovative
marketing and mobile advertising, while maintaining close cooperation with
mobile operators, has led the Company to impressive commercial achievements and
to international leadership in the field. We believe that the current
investment round will enable the Company to continue to progress from a
technological, commercial and marketing standpoint, strengthening its
international leadership.”
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] 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.54.97 |
|
|
1 |
Rs.88.10 |
|
Euro |
1 |
Rs.71.67 |
INFORMATION DETAILS
|
Information
Gathered by : |
PJA |
|
|
|
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
2 |
|
PAID-UP CAPITAL |
1~10 |
2 |
|
OPERATING SCALE |
1~10 |
2 |
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FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
2 |
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--PROFITABILIRY |
1~10 |
2 |
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--LIQUIDITY |
1~10 |
2 |
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--LEVERAGE |
1~10 |
2 |
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--RESERVES |
1~10 |
2 |
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--CREDIT LINES |
1~10 |
2 |
|
--MARGINS |
-5~5 |
- |
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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 |
|
TOTAL |
|
18 |
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.