MIRA INFORM REPORT

 

 

Report Date :

10.01.2013

 

IDENTIFICATION DETAILS

 

Name :

CLASSIC STRIPES PRIVATE LIMITED (w.e.f.  26.03.2010)

 

 

Formerly Known As :

CLASSIC STRIPES LIMITED (w.e.f.  31.03.2008)

 

CLASSIC STRIPES PRIVATE LIMITED

 

 

Registered Office :

164, Senapti Bapat Marg, Matunga (West), Mumbai – 400016, Maharashtra

 

 

Country :

India

 

 

Financials (as on) :

31.03.2011

 

 

Date of Incorporation :

30.09.1987

 

 

Com. Reg. No.:

11-044849

 

 

Capital Investment / Paid-up Capital :

Rs. 120.625 Millions

 

 

CIN No.:

[Company Identification No.]

U74999MH1987PTC044849

 

 

PAN No.:

[Permanent Account No.]

AAACC5076F

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturer of Automotive Graphic.

 

 

No. of Employees :

1600 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (48)

 

RATING

STATUS

 

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

USD 3070000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is a part of “ASTARC Group”. It is an established company having a satisfactory track record. There appears slight dip in the profitability during the year 2010-2011.

 

However, general information position of the company seems to be good. Performance capacity appears to be high. Trade relations are reported to be fair. Business is active. Payments are reported to be usually correct and as per commitments.

 

The company can be considered for normal 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 – 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

 

 

EXTERNAL AGENCY RATING

 

Rating Agency Name

CRISIL

Rating

Cash Credit : (CRISIL) A-

Rating Explanation

Having adequate degree of safety regarding timely servicing of financial obligation. It carry low credit risk.

Date

August 2012

 

 

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 :

164, Senapti Bapat Marg, Matunga (West), Mumbai – 400016, Maharashtra, India 

Tel. No.:

91-22-24303826/ 24303853/ 8688/ 24328463/ 64 / 24211708/ 24365303/ 24389550/ 66793500

Fax No.:

91-22-24308688/ 24303826/ 66793600

E-Mail :

rahul.muranjan@classicstripes.com

mangesh.bhosale@classicstripes.com

clst@bom8.vsnl.net.in

kmusale@classicstripes.com

Website :

http://www.classicstripes.com

 

 

Corporate Office :

Astarc House, 76/79 Makwana Lane, Takpada Off Andheri Kurla Road, Marol, Andheri (East), Mumbai - 400059, Maharashtra, India

Tel. No.:

91-22-66793500

Fax No.:

91-22-66793600

E-Mail :

info@classicstripes.com

 

 

Factory :

Located at:

 

Ø       Three Manufacturing Unit at Vasai, Thane, Maharashtra, India

Ø       One Manufacturing Unit at Haridwar, Uttaranchal, India

 

 

DIRECTORS

 

AS ON 11.08.2011

 

Name :

Mr. Kishore Manohar Musale

Designation :

Managing director

Address :

Astarc Bunglow, Survey No. 86, Sant Tukaram Marg, Juhu Tara Road, Juhu, Vile Parle (West), Mumbai - 400049, Maharashtra, India

Date of Birth/Age :

15.02.1954

Qualification :

B. Com

Date of Appointment :

30.09.1987

DIN No.:

00144029

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U27200MH1962PTC012296

METAGRAPHS PRIVATE LIMITED

Managing director

01/11/1980

01/11/1980

-

Strike off

NO

2

U28999MH1985PTC036783

PERFECT MINING COMPANY PRIVATE LIMITED

Managing director

09/07/1985

09/07/1985

-

Active

NO

3

U74999MH1987PTC044849

CLASSIC STRIPES PRIVATE LIMITED

Managing director

30/09/1987

30/09/1987

-

Active

NO

4

U67120MH1995PTC095102

MUSALE ENTERPRISES PRIVATE LIMITED

Managing director

08/12/1995

08/12/1995

-

Active

NO

5

U45200MH1992PTC066612

REAL STONE HOUSE PROPERTIES PRIVATE LIMITED

Managing director

29/04/2004

29/04/2004

-

Active

NO

6

U28933MH2004PTC148152

DURABUILD TECHNOLOGIES PRIVATE LIMITED

Director

01/12/2007

20/08/2004

-

Active

NO

7

U22219MH2005PTC151393

ASTARC INDUSTRIES PRIVATE LIMITED

Managing director

17/02/2005

17/02/2005

28/08/2008

Amalgamated

NO

8

U72200MH1992PTC066379

EXACTUS CORPORATION Private LIMITED

Director

07/03/2005

07/03/2005

09/05/2011

Active

NO

9

U25208MH1995PTC093753

FORMA SPORTS PRIVATE LIMITED

Director

24/06/2006

24/04/2006

-

Active

NO

10

U36930MH1994PTC082020

PRO-TECH SPORTS AND SAFETY PRODUCTS PRIVATE LIMITED

Director

24/06/2006

24/04/2006

07/10/2011

Active

NO

11

U51101MH2006PTC165530

GREEN GLOBE AGRO PRIVATE LIMITED

Managing director

13/11/2006

13/11/2006

28/08/2008

Active

NO

12

U01403MH2007PTC167608

GREEN SKY INDIA AGRO PRIVATE LIMITED

Managing director

06/02/2007

06/02/2007

28/08/2008

Active

NO

13

U01403MH2007PTC168803

CALIBER ENTERPRISES PRIVATE LIMITED

Managing director

15/03/2007

15/03/2007

28/08/2008

Active

NO

14

U01403MH2007PTC168802

ESSENCE ENTERPRISES PRIVATE LIMITED

Managing director

15/03/2007

15/03/2007

-

Strike off

NO

15

U52590MH2007PTC169782

ETHOS ENTERPRISES PRIVATE LIMITED

Managing director

09/04/2007

09/04/2007

28/08/2008

Active

NO

16

U51909MH2007PTC169752

PANTHOR ENTERPRISES PRIVATE LIMITED

Managing director

09/04/2007

09/04/2007

28/08/2008

Active

NO

17

U52590MH2007PTC169784

FAME FARMATECH PRIVATE LIMITED

Managing director

09/04/2007

09/04/2007

28/08/2008

Active

NO

18

U51101MH2007PTC169903

FAVOURITE AGRO PRIVATE LIMITED

Managing director

12/04/2007

12/04/2007

28/08/2008

Active

NO

19

U01407MH2007PTC173760

ASTARC AGRO & FOODS PRIVATE LIMITED

Director

03/09/2007

03/09/2007

28/08/2008

Active

NO

20

U13209MH2007PTC173756

ASTARC MINING PRIVATE LIMITED

Director

03/09/2007

03/09/2007

28/08/2008

Active

NO

21

U99999MH1987PLC043940

NIMBUS COMMUNICATIONS LIMITED

Director

06/09/2007

06/09/2007

23/03/2011

Active

NO

22

U74900MH2007PTC174391

ASTARC COAL ENERGY PRIVATE LIMITED

Director

21/09/2007

21/09/2007

-

Active

NO

23

U63032MH2007PTC174383

ASTARC PORTS PRIVATE LIMITED

Director

21/09/2007

21/09/2007

28/08/2008

Active

NO

24

U01403MH2007PTC176203

FLEX AGRO PRIVATE LIMITED

Director

30/05/2012

26/11/2007

-

Active

NO

25

U01403MH2007PTC176202

CAMPUS AGRO PRIVATE LIMITED

Director

30/05/2012

26/11/2007

-

Active

NO

26

U01403MH2007PTC176200

SELECTION AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

27

U01403MH2007PTC176199

MIST AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

28

U01403MH2007PTC176198

HYPER AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

29

U01403MH2007PTC176196

ELDER AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

30

U01403MH2007PTC176197

FESTIVE AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

28/08/2008

Active

NO

31

U01403MH2007PTC176195

CIVIC AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

28/08/2008

Active

NO

32

U01403MH2007PTC176204

MAGNIFICENT AGRO PRIVATE LIMITED

Director

27/11/2007

27/11/2007

28/08/2008

Active

NO

33

U01403MH2007PTC176213

SPRAY AGRO PRIVATE LIMITED

Director

27/11/2007

27/11/2007

28/08/2008

Active

NO

34

U11100MH2007PTC176853

ASTARC POWER PRIVATE LIMITED

Director

17/12/2007

17/12/2007

-

Active

NO

35

U01212MH2007PTC176843

ASTARC DAIRY PRIVATE LIMITED

Director

17/12/2007

17/12/2007

-

Active

NO

36

U63033MH2007PTC176835

ASTARC AIR PORTS PRIVATE LIMITED

Director

17/12/2007

17/12/2007

-

Active

NO

37

U45203MH2007PTC176846

ASTARC INFRASTRUCTURE PRIVATE LIMITED

Director

17/12/2007

17/12/2007

19/03/2008

Active

NO

38

U14200MH2008PTC177690

DEAL MINING PRIVATE LIMITED

Director

10/01/2008

10/01/2008

08/03/2008

Strike off

NO

39

U14200MH2008PTC177714

BHOOMI MINING PRIVATE LIMITED

Director

30/05/2012

11/01/2008

-

Active

NO

40

U13200MH2008PTC177810

GENERATION MINING PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

41

U01403MH2008PTC177826

BRIDGE FARMS PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

42

U14200MH2008PTC177830

BRAIN MINING PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

43

U70101MH2008PTC177831

TOP HEIGHTS PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

44

U14200MH2008PTC177828

FLAX MINING PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Strike off

NO

45

U14200MH2008PTC177827

FANATIC MINING PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Active

NO

46

U01119MH2008PTC177815

DAWN CULTIVATION PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Active

NO

47

U14200MH2008PTC177811

CRESCENT MINING PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Strike off

NO

48

U13200MH2008PTC177904

IWAY MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

49

U12000MH2008PTC177898

FLAY MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

50

U70101MH2008PTC177902

SPARX HEIGHTS PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

51

U70100MH2008PTC177890

PRIDE HEIGHTS PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

52

U13200MH2008PTC177905

MAYFLOWER MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

53

U14200MH2008PTC177907

MASTER MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

54

U70102MH2008PTC177901

First Leap Heights Private Limited

Director

30/05/2012

18/01/2008

-

Active

NO

55

U14200MH2008PTC177906

HUMAN MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

56

U12000MH2008PTC177903

FRONTLINE MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Active

NO

57

U12000MH2008PTC177900

BRAINWORK MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

58

U14200MH2008PTC177899

FLEX MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

59

U12000MH2008PTC177897

FINAL MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

60

U14200MH2008PTC178203

GREENWAY MINING PRIVATE LIMITED

Director

24/01/2008

24/01/2008

08/03/2008

Strike off

NO

61

U70109MH2008PTC178411

ARCON HEIGHTS PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

62

U13200MH2008PTC178410

ACRE MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

63

U01100MH2008PTC178427

PLUS PLANTATION PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

64

U70101MH2008PTC178425

PIXELS HEIGHTS PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

65

U14200MH2008PTC178419

PINC MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

66

U14200MH2008PTC178426

PEGAUS MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

67

U14200MH2008PTC178424

PARKAGE MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

68

U70102MH2008PTC178416

PLAZMA HEIGHTS PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

69

U14200MH2008PTC178423

OMEGA MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

70

U14200MH2008PTC178414

NOBLE MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

71

U14200MH2008PTC178422

RUGBY MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

72

U14200MH2008PTC178421

RAKSHAK MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

73

U14200MH2008PTC178420

PLEASANT MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

74

U14200MH2008PTC178418

PARKSIDE MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

75

U14220MH2008PTC178417

PAN MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Active

NO

76

U14200MH2008PTC178415

NEXT MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

77

U14200MH2008PTC178413

NIRALI MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

78

U13200MH2008PTC178412

CONFIDENCE MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

79

U45201MH2008PTC178409

AKANSHA HEIGHTS PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Active

NO

80

U10100MH2008PTC178408

ANKOT MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

81

U14200MH2008PTC178472

RAJUL MINING PRIVATE LIMITED

Director

04/02/2008

04/02/2008

08/03/2008

Strike off

NO

82

U13200MH2008PTC178484

HIRA MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

83

U70102MH2008PTC178476

ASCONA HEIGHTS PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

84

U14200MH2008PTC178474

ARDOUR MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

85

U14200MH2008PTC178487

MORISON MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

86

U14200MH2008PTC178485

MOMENT MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

87

U14200MH2008PTC178489

ROHAN MINING PRIVATE LIMITED

Director

05/02/2008

05/02/2008

08/03/2008

Strike off

NO

88

U70102MH2008PTC178486

NISHITH HEIGHTS PRIVATE LIMITED

Director

05/02/2008

05/02/2008

08/03/2008

Active

NO

89

U13100MH2008PTC178563

ACTION MINING PRIVATE LIMITED

Director

06/02/2008

06/02/2008

08/03/2008

Strike off

NO

90

U13200MH2008PTC178595

MINDAGE MINING PRIVATE LIMITED

Director

30/05/2012

07/02/2008

-

Active

NO

91

U12000MH2008PTC178610

MARSON MINING PRIVATE LIMITED

Director

07/02/2008

07/02/2008

08/03/2008

Strike off

NO

92

U12000MH2008PTC178609

KOBRA MINING PRIVATE LIMITED

Director

07/02/2008

07/02/2008

08/03/2008

Strike off

NO

93

U70200MH2008PTC178667

PURE HEIGHTS PRIVATE LIMITED

Director

30/05/2012

08/02/2008

-

Active

NO

94

U14200MH2008PTC178653

MARATHON MINING PRIVATE LIMITED

Director

30/05/2012

08/02/2008

-

Active

NO

95

U14200MH2008PTC178664

BENZER MINING PRIVATE LIMITED

Director

30/05/2012

08/02/2008

-

Active

NO

96

U14200MH2008PTC178669

RUCHIRA MINING PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Strike off

NO

97

U14200MH2008PTC178668

ROUND MINING PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Strike off

NO

98

U14200MH2008PTC178666

PROFESSIONAL MINING PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Strike off

NO

99

U70200MH2008PTC178662

AXOTIC HEIGHTS PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Active

NO

100

U12000MH2008PTC179751

ASTA MINING PRIVATE LIMITED

Director

05/03/2008

05/03/2008

27/03/2008

Active

NO

101

U25208MH2000PTC127443

KROMO HELMETS PRIVATE LIMITED

Director

30/09/2008

21/03/2008

-

Strike off

NO

102

U36993MH2009PTC195096

SABRE HELMETS PRIVATE LIMITED

Director

20/08/2009

20/08/2009

-

Active

NO

103

U36998MH2010PTC211398

CLASSIC RETAIL IMAGING SOLUTIONS PRIVATE LIMITED

Managing director

11/08/2011

27/12/2010

-

Active

NO

104

U52100MH2011PTC222752

RESYNC IMAGING SOLUTIONS PRIVATE LIMITED

Director

05/10/2011

05/10/2011

-

Active

NO

105

U93030MH2011PTC223529

CLASSIC INSTALLATION AND LOGISTICS PRIVATE LIMITED

Director

01/11/2011

01/11/2011

-

Active

NO

106

U01404MH2012PTC226230

MUSALE BIOFARM PRIVATE LIMITED

Director

19/01/2012

19/01/2012

-

Active

NO

107

U14200MH2008PTC179291

HAPPY MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

108

U17121MH2008PTC179349

GENTEEL TEXTILE PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

109

U14200MH2008PTC179170

YUG MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

110

U14200MH2008PTC179177

SURE MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

111

U14200MH2008PTC179183

SPAN MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

112

U14200MH2008PTC181019

SPACE MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

113

U14200MH2008PTC179186

SONATA MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

114

U14200MH2008PTC179168

SECURE MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

115

U14200MH2008PTC179198

SCIENTIFIC MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

116

U63040MH2008PTC179174

SANKALP TOURISM PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

117

U74999MH2012PTC236286

ASTARC MANAGEMENT SERVICES PRIVATE LIMITED

Director

27/09/2012

27/09/2012

-

Active

NO

 

 

Name :

Mrs. Chhaya Kishore Musale

Designation :

Director

Address :

Astarc Bunglow, Survey No. 86, Sant Tukaram Marg, Juhu Tara Road, Juhu, Vile Parle (West), Mumbai - 400049, Maharashtra, India

Date of Birth/Age :

09.09.1955

Qualification :

B. Com

Date of Appointment :

30.09.1987

DIN No.:

00640296

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U28999MH1985PTC036783

PERFECT MINING COMPANY PRIVATE LIMITED

Director

09/07/1985

09/07/1985

-

Active

NO

2

U74999MH1987PTC044849

CLASSIC STRIPES PRIVATE LIMITED

Director

30/09/1987

30/09/1987

-

Active

NO

3

U67120MH1995PTC095102

MUSALE ENTERPRISES PRIVATE LIMITED

Director

08/12/1995

08/12/1995

-

Active

NO

4

U45200MH1992PTC066612

REAL STONE HOUSE PROPERTIES PRIVATE LIMITED

Director

29/04/2004

29/04/2004

-

Active

NO

5

U28933MH2004PTC148152

DURABUILD TECHNOLOGIES PRIVATE LIMITED

Director

20/08/2004

20/08/2004

-

Active

NO

6

U22219MH2005PTC151393

ASTARC INDUSTRIES PRIVATE LIMITED

Director

17/02/2005

17/02/2005

28/08/2008

Amalgamated

NO

7

U25208MH1995PTC093753

FORMA SPORTS PRIVATE LIMITED

Director

24/06/2006

24/04/2006

-

Active

NO

8

U36930MH1994PTC082020

PRO-TECH SPORTS AND SAFETY PRODUCTS PRIVATE LIMITED

Director

24/06/2006

24/04/2006

07/10/2011

Active

NO

9

U51101MH2006PTC165530

GREEN GLOBE AGRO PRIVATE LIMITED

Director

13/11/2006

13/11/2006

28/08/2008

Active

NO

10

U01403MH2007PTC167608

GREEN SKY INDIA AGRO PRIVATE LIMITED

Director

06/02/2007

06/02/2007

28/08/2008

Active

NO

11

U01403MH2007PTC168802

ESSENCE ENTERPRISES PRIVATE LIMITED

Director

15/03/2007

15/03/2007

-

Strike off

NO

12

U01403MH2007PTC168803

CALIBER ENTERPRISES PRIVATE LIMITED

Director

15/03/2007

15/03/2007

28/08/2008

Active

NO

13

U52590MH2007PTC169782

ETHOS ENTERPRISES PRIVATE LIMITED

Director

09/04/2007

09/04/2007

28/08/2008

Active

NO

14

U51909MH2007PTC169752

PANTHOR ENTERPRISES PRIVATE LIMITED

Director

09/04/2007

09/04/2007

28/08/2008

Active

NO

15

U52590MH2007PTC169784

FAME FARMATECH PRIVATE LIMITED

Director

09/04/2007

09/04/2007

28/08/2008

Active

NO

16

U51101MH2007PTC169903

FAVOURITE AGRO PRIVATE LIMITED

Director

12/04/2007

12/04/2007

28/08/2008

Active

NO

17

U01407MH2007PTC173760

ASTARC AGRO & FOODS PRIVATE LIMITED

Director

03/09/2007

03/09/2007

28/08/2008

Active

NO

18

U13209MH2007PTC173756

ASTARC MINING PRIVATE LIMITED

Director

03/09/2007

03/09/2007

28/08/2008

Active

NO

19

U74900MH2007PTC174391

ASTARC COAL ENERGY PRIVATE LIMITED

Director

21/09/2007

21/09/2007

-

Active

NO

20

U63032MH2007PTC174383

ASTARC PORTS PRIVATE LIMITED

Director

21/09/2007

21/09/2007

28/08/2008

Active

NO

21

U01403MH2007PTC176203

FLEX AGRO PRIVATE LIMITED

Director

30/05/2012

26/11/2007

-

Active

NO

22

U01403MH2007PTC176202

CAMPUS AGRO PRIVATE LIMITED

Director

30/05/2012

26/11/2007

-

Active

NO

23

U01403MH2007PTC176200

SELECTION AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

24

U01403MH2007PTC176199

MIST AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

25

U01403MH2007PTC176198

HYPER AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

26

U01403MH2007PTC176196

ELDER AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

-

Active

NO

27

U01403MH2007PTC176197

FESTIVE AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

28/08/2008

Active

NO

28

U01403MH2007PTC176195

CIVIC AGRO PRIVATE LIMITED

Director

26/11/2007

26/11/2007

28/08/2008

Active

NO

29

U01403MH2007PTC176213

SPRAY AGRO PRIVATE LIMITED

Director

27/11/2007

27/11/2007

28/08/2008

Active

NO

30

U01403MH2007PTC176204

MAGNIFICENT AGRO PRIVATE LIMITED

Director

27/11/2007

27/11/2007

28/08/2008

Active

NO

31

U11100MH2007PTC176853

ASTARC POWER PRIVATE LIMITED

Director

17/12/2007

17/12/2007

-

Active

NO

32

U01212MH2007PTC176843

ASTARC DAIRY PRIVATE LIMITED

Director

17/12/2007

17/12/2007

-

Active

NO

33

U63033MH2007PTC176835

ASTARC AIR PORTS PRIVATE LIMITED

Director

17/12/2007

17/12/2007

-

Active

NO

34

U45203MH2007PTC176846

ASTARC INFRASTRUCTURE PRIVATE LIMITED

Director

17/12/2007

17/12/2007

19/03/2008

Active

NO

35

U14200MH2008PTC177690

DEAL MINING PRIVATE LIMITED

Director

10/01/2008

10/01/2008

08/03/2008

Strike off

NO

36

U14200MH2008PTC177714

BHOOMI MINING PRIVATE LIMITED

Director

30/05/2012

11/01/2008

-

Active

NO

37

U13200MH2008PTC177810

GENERATION MINING PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

38

U01403MH2008PTC177826

BRIDGE FARMS PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

39

U14200MH2008PTC177830

BRAIN MINING PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

40

U70101MH2008PTC177831

TOP HEIGHTS PRIVATE LIMITED

Director

30/05/2012

16/01/2008

-

Active

NO

41

U14200MH2008PTC177828

FLAX MINING PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Strike off

NO

42

U14200MH2008PTC177827

FANATIC MINING PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Active

NO

43

U01119MH2008PTC177815

DAWN CULTIVATION PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Active

NO

44

U14200MH2008PTC177811

CRESCENT MINING PRIVATE LIMITED

Director

16/01/2008

16/01/2008

08/03/2008

Strike off

NO

45

U12000MH2008PTC177898

FLAY MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

46

U70101MH2008PTC177902

SPARX HEIGHTS PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

47

U70100MH2008PTC177890

PRIDE HEIGHTS PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

48

U13200MH2008PTC177905

MAYFLOWER MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

49

U14200MH2008PTC177907

MASTER MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

50

U70102MH2008PTC177901

FIRST LEAP HEIGHTS PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

51

U13200MH2008PTC177904

IWAY MINING PRIVATE LIMITED

Director

30/05/2012

18/01/2008

-

Active

NO

52

U14200MH2008PTC177906

HUMAN MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

53

U12000MH2008PTC177903

FRONTLINE MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Active

NO

54

U12000MH2008PTC177900

BRAINWORK MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

55

U14200MH2008PTC177899

FLEX MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

56

U12000MH2008PTC177897

FINAL MINING PRIVATE LIMITED

Director

18/01/2008

18/01/2008

08/03/2008

Strike off

NO

57

U14200MH2008PTC178203

GREENWAY MINING PRIVATE LIMITED

Director

24/01/2008

24/01/2008

08/03/2008

Strike off

NO

58

U10100MH2008PTC178408

ANKOT MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

59

U70109MH2008PTC178411

ARCON HEIGHTS PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

60

U13200MH2008PTC178410

ACRE MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

61

U01100MH2008PTC178427

PLUS PLANTATION PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

62

U70101MH2008PTC178425

PIXELS HEIGHTS PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

63

U14200MH2008PTC178419

PINC MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

64

U14200MH2008PTC178426

PEGAUS MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

65

U14200MH2008PTC178424

PARKAGE MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

66

U70102MH2008PTC178416

PLAZMA HEIGHTS PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

67

U14200MH2008PTC178423

OMEGA MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

68

U14200MH2008PTC178414

NOBLE MINING PRIVATE LIMITED

Director

30/05/2012

01/02/2008

-

Active

NO

69

U14200MH2008PTC178422

RUGBY MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

70

U14200MH2008PTC178421

RAKSHAK MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

71

U14200MH2008PTC178420

PLEASANT MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

72

U14200MH2008PTC178418

PARKSIDE MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

73

U14220MH2008PTC178417

PAN MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Active

NO

74

U14200MH2008PTC178415

NEXT MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

75

U14200MH2008PTC178413

NIRALI MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

76

U13200MH2008PTC178412

CONFIDENCE MINING PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Strike off

NO

77

U45201MH2008PTC178409

AKANSHA HEIGHTS PRIVATE LIMITED

Director

01/02/2008

01/02/2008

08/03/2008

Active

NO

78

U14200MH2008PTC178472

RAJUL MINING PRIVATE LIMITED

Director

04/02/2008

04/02/2008

08/03/2008

Strike off

NO

79

U70102MH2008PTC178476

ASCONA HEIGHTS PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

80

U14200MH2008PTC178474

ARDOUR MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

81

U14200MH2008PTC178487

MORISON MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

82

U14200MH2008PTC178485

MOMENT MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

83

U13200MH2008PTC178484

HIRA MINING PRIVATE LIMITED

Director

30/05/2012

05/02/2008

-

Active

NO

84

U14200MH2008PTC178489

ROHAN MINING PRIVATE LIMITED

Director

05/02/2008

05/02/2008

08/03/2008

Strike off

NO

85

U70102MH2008PTC178486

NISHITH HEIGHTS PRIVATE LIMITED

Director

05/02/2008

05/02/2008

08/03/2008

Active

NO

86

U13100MH2008PTC178563

ACTION MINING PRIVATE LIMITED

Director

06/02/2008

06/02/2008

08/03/2008

Strike off

NO

87

U13200MH2008PTC178595

MINDAGE MINING PRIVATE LIMITED

Director

30/05/2012

07/02/2008

-

Active

NO

88

U12000MH2008PTC178610

MARSON MINING PRIVATE LIMITED

Director

07/02/2008

07/02/2008

08/03/2008

Strike off

NO

89

U12000MH2008PTC178609

KOBRA MINING PRIVATE LIMITED

Director

07/02/2008

07/02/2008

08/03/2008

Strike off

NO

90

U70200MH2008PTC178667

PURE HEIGHTS PRIVATE LIMITED

Director

30/05/2012

08/02/2008

-

Active

NO

91

U14200MH2008PTC178653

MARATHON MINING PRIVATE LIMITED

Director

30/05/2012

08/02/2008

-

Active

NO

92

U14200MH2008PTC178664

BENZER MINING PRIVATE LIMITED

Director

30/05/2012

08/02/2008

-

Active

NO

93

U14200MH2008PTC178669

RUCHIRA MINING PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Strike off

NO

94

U14200MH2008PTC178668

ROUND MINING PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Strike off

NO

95

U14200MH2008PTC178666

PROFESSIONAL MINING PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Strike off

NO

96

U70200MH2008PTC178662

AXOTIC HEIGHTS PRIVATE LIMITED

Director

08/02/2008

08/02/2008

08/03/2008

Active

NO

97

U12000MH2008PTC179751

ASTA MINING PRIVATE LIMITED

Director

05/03/2008

05/03/2008

27/03/2008

Active

NO

98

U27200MH1962PTC012296

METAGRAPHS PRIVATE LIMITED

Director

22/09/2008

06/06/2008

-

Strike off

NO

99

U52100MH2011PTC222752

RESYNC IMAGING SOLUTIONS PRIVATE LIMITED

Director

05/10/2011

05/10/2011

-

Active

NO

100

U14200MH2008PTC179291

HAPPY MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

101

U17121MH2008PTC179349

GENTEEL TEXTILE PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

102

U14200MH2008PTC179170

YUG MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

103

U14200MH2008PTC179177

SURE MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

104

U14200MH2008PTC179183

SPAN MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

105

U14200MH2008PTC181019

SPACE MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

106

U14200MH2008PTC179186

SONATA MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

107

U14200MH2008PTC179168

SECURE MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

108

U14200MH2008PTC179198

SCIENTIFIC MINING PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

109

U63040MH2008PTC179174

SANKALP TOURISM PRIVATE LIMITED

Director

30/05/2012

30/05/2012

-

Active

NO

110

U74999MH2012PTC236286

ASTARC MANAGEMENT SERVICES PRIVATE LIMITED

Director

27/09/2012

27/09/2012

-

Active

NO

 

 

Name :

Mr. Bruno Seghin

Designation :

Director

Address :

Suite 2120, Pacific Place, 88, Queens Way, Hong Kong, 200000

Date of Birth/Age :

07.05.1957

Qualification :

MBA

Date of Appointment :

05.04.2011

DIN No.:

00740866

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U55204MH2002PTC134439

SKYGOURMET CATERING PRIVATE LIMITED

Director

10/09/2004

10/09/2004

13/03/2009

Active

NO

2

U55101DL2006PTC148828

NAVIGATE RESTAURANT BRANDS (INDIA)PRIVATE LIMITED

Director

23/05/2006

23/05/2006

01/06/2011

Active

NO

3

U55101DL1974PTC007297

NIRULAS CORNER HOUSE PRIVATE LIMITED

Director

26/09/2006

01/07/2006

01/04/2009

Active

NO

4

U21020MH2006PTC159987

CLOTEX LABELS (INDIA) PRIVATE LIMITED

Director

03/07/2006

03/07/2006

25/04/2012

Active

NO

5

U28992MH2006PLC159687

ORIENTAL CONTAINERS LIMITED

Director

27/09/2006

27/09/2006

-

Active

NO

6

U55101MH2006PTC165786

GORDON HOUSE AIRPORT HOTELS PRIVATE LIMITED

Director

21/08/2007

21/08/2007

-

Active

NO

7

U74140MH2007PTC235059

NAVIS CAPITAL (INDIA) PRIVATE LIMITED

Director

21/11/2007

21/11/2007

-

Active

NO

8

U23201MH1983PLC030372

SAH PETROLEUMS LIMITED

Additional director

02/02/2009

02/02/2009

-

Active

NO

9

U74999MH1987PTC044849

CLASSIC STRIPES PRIVATE LIMITED

Director

05/04/2011

29/03/2011

-

Active

NO

 

 

Name :

Mr. Ashish Agrawal

Designation :

Director

Address :

601, Padma Prabhu Apartments, 1174/1175, Veer Varkar, Marg, Dadar (West), Mumbai - 400028, Maharashtra, India

Date of Birth/Age :

21.06.1977

Qualification :

MBA, MS-Computers

Date of Appointment :

05.04.2011

DIN No.:

02421421

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U74920HR2007PTC036624

HILL & ASSOCIATES RISK CONSULTANCY PRIVATE LIMITED

Director

15/03/2007

15/03/2007

31/03/2010

Active

NO

2

U99999MH1992NPL068707

INSTITUTE FOR TECHNOLOGY AND MANAGEMENT

Director

04/08/2009

15/04/2009

-

Active

NO

3

U72900MH2000PLC127619

ITM EDUTECH (INDIA) LIMITED

Director

30/09/2009

15/04/2009

-

Active

NO

4

U51909DL2011FTC213887

KINGS SAFETYWEAR (INDIA) PRIVATE LIMITED

Director

12/02/2011

12/02/2011

16/12/2011

Active

NO

5

U67110MH2001PTC133346

TALK CONNEXION (INDIA) PRIVATE LIMITED

Director

30/09/2011

21/02/2011

11/07/2012

Active

NO

6

U74910MH2005PTC155341

AFFILIATES MANAGEMENT RESOURCES PRIVATE LIMITED

Director

30/09/2011

21/02/2011

11/07/2012

Active

NO

7

U67190MH2007PTC169620

PROSALES FINANCIAL SERVICES PRIVATE LIMITED

Director

30/09/2011

21/02/2011

11/07/2012

Active

NO

8

U72900MH2004PTC150161

ANDROMEDA CALL CENTRE SERVICES PRIVATE LIMITED

Director

30/09/2011

21/02/2011

-

Active

NO

9

U74999MH1987PTC044849

CLASSIC STRIPES PRIVATE LIMITED

Director

05/04/2011

29/03/2011

-

Active

NO

10

U55101DL1974PTC007297

NIRULAS CORNER HOUSE PRIVATE LIMITED

Director

29/09/2011

13/05/2011

19/07/2012

Active

NO

11

U29246DL2011PTC221665

TRIO MINERAL PROCESSING PRIVATE LIMITED

Director

29/06/2011

29/06/2011

-

Active

NO

12

U74130MH2011FTC211909

ANDROMEDA SALES AND DISTRIBUTION PRIVATE LIMITED

Additional director

14/06/2012

14/06/2012

11/07/2012

Active

NO

 

 

Name :

Mr. Salil Kishore Musale

Designation :

Whole-time director

Address :

Classic Strip House, 76/79, Makwana Lane, Takpada, off Andheri Kurla Road, Marol Naka, Andheri (East), Mumbai - 400059, Maharashtra, India

Date of Birth/Age :

10.08.1983

Date of Appointment :

01.07.2012

DIN No.:

02698971

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Company/ LLP Status

Defaulting status

1

U14200MH2008PTC177714

BHOOMI MINING PRIVATE LIMITED

Director

30/06/2009

30/06/2009

Active

NO

2

U36993MH2009PTC195096

SABRE HELMETS PRIVATE LIMITED

Director

29/01/2010

29/01/2010

Active

NO

3

U36998MH2010PTC211398

CLASSIC RETAIL IMAGING SOLUTIONS PRIVATE LIMITED

Director

30/09/2011

01/04/2011

Active

NO

4

U74999MH1987PTC044849

CLASSIC STRIPES PRIVATE LIMITED

Whole-time director

01/07/2012

29/06/2011

Active

NO

 

 

Name :

Mr. Jesal Nilesh Doshi

Designation :

Director

Address :

84, Duru Mahal, Marine Drive, F Road, Mumbai - 400002, Maharashtra, India

Date of Birth/Age :

09.01.1984

Qualification :

MBA, BE-Electronics

Date of Appointment :

05.04.2011

DIN No.:

02963307

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Company/ LLP Status

Defaulting status

1

U74999MH1987PTC044849

CLASSIC STRIPES Private Limited

Director

05/04/2011

29/03/2011

Active

NO

 

 

Name :

Mr. Aditya Arora

Designation :

Nominee director

Address :

C-1-401, Purvi Apartment, Sundervan Compound, Andheri (West), Mumbai - 400053, Maharashtra, India

Date of Birth/Age :

01.09.1980

Date of Appointment :

09.07.2012

DIN No.:

03528624

Other Directorship :

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Company/ LLP Status

Defaulting status

1

U99999MH1992NPL068707

INSTITUTE FOR TECHNOLOGY AND MANAGEMENT

Director

30/09/2011

17/04/2011

Active

NO

2

U72900MH2000PLC127619

ITM EDUTECH (INDIA) LIMITED

Director

30/09/2011

17/04/2011

Active

NO

3

U74999MH1987PTC044849

CLASSIC STRIPES PRIVATE LIMITED

Nominee director

09/07/2012

09/07/2012

Active

NO

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 11.08.2011

 

Names of Shareholders

 

No. of Shares

Kishore Manohar Musale

 

2990631

Chhaya Kishore Musale

 

1311301

Salil Kishore Musale

 

750000

Sameer Kishore Musale

 

750000

Ramaswamy Palghat Subramaniam

 

59700

CSPL Holding Private Limited, Mauritius

 

6100883

CSPL Holding Private Limited, Mauritius (Class A Shares)

 

100000

Total

 

12062515

 

 

AS ON 11.08.2011

 

Equity Share Breakup

 

Percentage of Holding

Category

 

 

Foreign holdings [Foreign institutional investors, Foreign Companies, Foreign Financial Institutions, Non-resident Indian or Overseas corporate bodies or others]

 

51.41

Directors or relatives of directors

 

48.10

Other top fifty shareholders

 

0.49

Total

 

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer of Automotive Graphic.

 

 

Products :

ITC Code

Product Descriptions

3919

Printed Self Adhesives and Labels

9405

Glowsigns (Glow Boxes)

4901

Trade and Advertising Material (Freshners, Auto Accessories, Window Films, Door Visor)

3307

Storage and Display Unit

 

 

PRODUCTION STATUS (AS ON 31.03.2011)

 

Particulars

Unit

Licensed Capacity

Installed Capacity

Actual Production

Printed Self Adhesive PVC Stripes

(Nos)

Not

Applicable

Not

Applicable

98,888,817

Storage Display Unit

(Nos)

Not

Applicable

Not

Applicable

74,713

 

 

GENERAL INFORMATION

 

Customers :

Ø       Hero Motocorp

Ø       Bajaj Auto

Ø       Suzuki

Ø       Yamaha Motors

Ø       Tata Motors

Ø       Mahindra and Mahindra

Ø       Maruti Suzuki               

Ø       Hyundai Motors            

Ø       General Motors             

Ø       Toyota             

Ø       John Deere                   

Ø       Swaraj

Ø       Sonalika                                   

Ø       Godrej

Ø       Pricol

Ø       Tech Mahindra

Ø       Escorts

 

 

No. of Employees :

1600 (Approximately)

 

 

Bankers :

Citibank N.A., Plot No. 61, Citigroup Centre, Bandra Kurla Complex, Bandra (West), Mumbai – 400051, Maharashtra, India

 

 

Facilities :

 

Secured Loans

31.03.2011

31.03.2010

 

 

(Rs. In Millions)

Rupee term loans banks secured

703.819

1135.207

Loans taken for vehicles secured

0.100

0.771

Other debt secured

(A)182.134

(B)445.456

Total

886.053

1581.434

 

Note:

 

(A) Cash Credit are secured by hypothecation of current assets of the company and charge on the some of the immovable properties of the company.

 

(B) Cash credits are secured by hypothecation of current assets of the company and charge on some of the immovable properties of the company. Secured loans aggregating Rs. 885.953 Millions (previous year Rs. 1580.664 Millions) are additionally secured by personal guarantees from some of the directors.

 

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Vilas K. Shah and Company

Chartered Accountants

Address :

Dol Bin Shir, 4th Floor, 69-71, Janamabhoomi Marg, Fort, Mumbai – 400023, Maharashtra, India

Income-tax PAN of auditor or auditor's firm :

AAIPS3919C

 

 

Subsidiary Company :

Classic Stripes Inc (U.S.A)

 

 

Partnership Firms in which

Directors hold substantial

interest: :

Ø       Salil Trading and Investment Company

Ø       Siddhi Auto

Ø       Siddhi Traders

 

 

Companies under the same

management :

Ø       Metagraphs Private Limited

Ø       Musale Enterprises Private Limited

Ø       Perfect Mining Company Private Limited

Ø       Forma Sports Private Limited

Ø       Real Stone House Properties Private Limited

Ø       Durabuild Technologies Private Limited

Ø       Pro-tech Sports and Safety Products Private Limited

Ø       Essence Enterprises Private Limited

Ø       Astarc Airports Private Limited

Ø       Astarc Coal Energy Private Limited (formely known as Astarc Mines India Private Limited)

Ø       Astarc Dairy Private Limited

Ø       Astarc Power Private Limited

Ø       Elder Agro Private Limited

Ø       Hyper Agro Private Limited

Ø       Mist Agro Private Limited

Ø       Selection Agro Private Limited

Ø       Exactus Corporation Limited

Ø       Nimbus Communications Limited (upto 23rd March, 2011)

Ø       Sabre Helmet Private Limited

Ø       Kromo Helmet Private Limited

Ø       Classic Retail Imaging Solutions Private Limited (w.e.f 27th December, 2010)

 

 

CAPITAL STRUCTURE

 

AS ON 31.03.2011

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

14900000

Equity Shares

Rs. 10/- each

Rs. 149.000 Millions

100000

Class A Equity Shares

Rs. 10/- each

Rs. 1.000 Million

 

Total

 

Rs. 150.000 Millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

11962515

Equity Shares

Rs. 10/- each

Rs. 119.625 Millions

100000

Class A Equity Shares

Rs. 10/- each

Rs. 1.000 Million

 

Total

 

Rs. 120.625 Millions

 


 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.03.2011

31.03.2010

31.03.2009

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

120.625

119.625

119.400

2] Share Application Money

0.000

0.000

0.000

3] Reserves & Surplus

646.052

569.382

391.717

4] (Accumulated Losses)

0.000

0.000

0.000

NETWORTH

766.677

689.007

511.117

LOAN FUNDS

 

 

 

1] Secured Loans

886.053

1581.434

769.695

2] Unsecured Loans

160.592

424.780

1033.790

TOTAL BORROWING

1046.645

2006.214

1803.485

DEFERRED TAX LIABILITIES

0.000

0.000

0.000

 

 

 

 

TOTAL

1813.322

2695.221

2314.602

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

1242.614

1036.717

546.931

Capital work-in-progress

48.046

91.950

238.381

 

 

 

 

INVESTMENT

1.435

552.935

551.600

DEFERRED TAX ASSETS

53.496

6.826

7.092

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

441.798

239.004

187.076

 

Sundry Debtors

464.553

505.997

501.737

 

Cash & Bank Balances

139.046

28.536

36.630

 

Other Current Assets

0.000

0.000

0.000

 

Loans & Advances

357.935

977.470

749.002

Total Current Assets

1403.332

1751.007

1474.445

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditors

740.770

394.960

200.810

 

Other Current Liabilities

30.602

19.541

16.536

 

Provisions

164.229

329.713

286.501

Total Current Liabilities

935.601

744.214

503.847

Net Current Assets

467.731

1006.793

970.598

 

 

 

 

MISCELLANEOUS EXPENSES

0.000

0.000

0.000

 

 

 

 

TOTAL

1813.322

2695.221

2314.602

 


PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2011

31.03.2010

31.03.2009

 

SALES

 

 

 

 

 

Income

3200.230

2126.940

1606.683

 

 

Other Income

N.A.

N.A.

22.947

 

 

TOTAL                                     (A)

N.A.

N.A.

1629.630

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Material Consumed

 

698.547

 

 

(Decrease)/ Increase in Stock

 

 

(39.475)

 

 

Purchases Traded Goods

 

 

11.059

 

 

Employee Cost

 

 

119.974

 

 

Operating and Other Expenses

 

 

418.781

 

 

TOTAL                                     (B)

N.A.

N.A.

1208.886

 

 

 

 

 

Less

PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B)      (C)

 

 

420.744

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

 

 

165.589

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)                                       (E)

 

 

255.155

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

 

 

93.380

 

 

 

 

 

 

PROFIT BEFORE TAX (E-F)                               (G)

162.199

215.907

161.775

 

 

 

 

 

Less

TAX                                                                  (H)

85.501

37.677

56.519

 

 

 

 

 

 

PROFIT AFTER TAX (G-H)                                (I)

76.698

178.230

105.256

 

 

 

 

 

Less

PRIOR PERIOD ADJUSTMENT

0.028

0.565

0.000

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

434.112

266.447

171.191

 

 

 

 

 

Less

APPROPRIATIONS

 

 

 

 

 

Transfer to General Reserve

20.000

10.000

10.000

 

BALANCE CARRIED TO THE B/S

490.782

434.112

266.447

 

 

 

 

 

 

EARNINGS IN FOREIGN CURRENCY

 

 

 

 

 

Export of Goods ( F.O.B Value)

64.472

37.821

87.996

 

 

 

 

 

 

IMPORTS

 

 

 

 

 

Raw Materials

826.311

645.238

496.445

 

 

Traded Goods

86.456

16.173

8.280

 

 

Capital Goods

119.684

35.314

13.239

 

TOTAL IMPORTS

1032.451

696.725

517.964

 

 

 

 

 

 

Earnings Per Share (Rs.)

 

14.88

8.91

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2011

31.03.2010

31.03.2009

PAT / Total Income

(%)

N.A.

N.A.

6.46

 

 

 

 

 

Net Profit Margin

(PBT/Sales)

(%)

5.07

10.15

10.07

 

 

 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)

6.13

7.74

8.00

 

 

 

 

 

Return on Investment (ROI)

(PBT/Networth)

 

0.21

0.31

0.32

 

 

 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 

2.59

3.99

4.51

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

1.50

2.35

2.93

 

 

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

Yes

9]

Name of person contacted

No

10]

Designation of contact person

No

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

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

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

Yes

 

 

UNSECURED LOANS

 

Unsecured Loans

31.03.2011

31.03.2010

 

 

(Rs. In Millions)

Loans directors unsecured

0.000

56.519

Deferred sales tax loan unsecured

160.592

162.235

Other debt unsecured

0.000

206.026

Total

160.592

424.780

 

Note:

 

(A) (including amount outstanding to company under same management Rs. nil (Previous Year 53.638 Millions) Maximum amount outstanding during the year Rs. 53.637 Millions (Previous Year Rs. 53.637 Millions)

 

 

OPERATIONS

 

The net sales turnover of the Company has increased from Rs. 2126.940 Millions to Rs.3200.230 Millions recording an increase of 50.46% over the previous year. Net Profit before Tax is Rs.162.200 Millions of previous year as compared Rs. 215.910 Millions for previous year.

 

 

BANKERS CHARGES REPORT AS PER REGISTRY

 

Corporate identity number of the company

U74999MH1987PTC044849

Name of the company

CLASSIC STRIPES PRIVATE LIMITED

Address of the registered office or of the principal place of  business in India of the company

164, Senapti Bapat Marg, Matunga (West), Mumbai – 400016, Maharashtra, India

Email:  rahul.muranjan@classicstripes.com

This form is for

Creation of charge

Type of charge

Book debts

Movable property (not being pledge)

Floating charge

Particular of charge holder

Citibank N.A., Plot No. 61, Citigroup Centre, Bandra Kurla Complex, Bandra (West), Mumbai – 400051, Maharashtra, India

Email: vlaxman@vsnl.com

Nature of description of the instrument creating or modifying the charge

Goods Security Agreement.

Date of instrument Creating the charge

23.07.2012

Amount secured by the charge

Rs. 168.000 Millions

Brief particulars of the principal terms an conditions and extent and operation of the charge

Rate of Interest

Interest as may be stipulated by the Bank from time to time.

 

Terms of Repayment

As per the terms of the agreement

 

Margin

85% against the Plant & Machinery, Stocks and Book Debts.

 

Extent and Operation of the charge

The hypothecated Assets shall remain as security to the Bank for the due repayment by the Borrower to the Bank of the credit facilities together with interest, costs, charges and expenses and other monies payable by the Borrower and also for due payment and discharge of all indebtedness/liability of the Borrower to the Bank.

 

Others

The Borrower expressly recognises and accepts that the Bank shall be absolutely entitled and have full power/authority to sell, assign or transfer in any manner and on such terms as the Bank may decide any or all outstanding dues of the Borrower to any third party of the Bank's choice without any further reference or intimation to the Borrower. The charge of Citibank NA  on Movable Fixed Assets  shall rank First Pari Passu with the charge created in

Short particulars of the property charged

Hypothecation by way of First pari passu charge on Plant and Machinery and equipments of the Company

 

Hypothecation by way of Second charge on Current Assets of the Company

 

 

FIXED ASSETS:

 

Ø       Land – Freehold

Ø       Factory Building

Ø       Buildings

Ø       Plant and Machinery

Ø       Furniture and Fixtures

Ø       Air conditioner

Ø       Electrical Installation

Ø       Office Equipment

Ø       Computer

Ø       Motor Car

Ø       Motor Cycle

Ø       Cycle

Ø       Computer Software

 



 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

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. 54.96

UK Pound

1

Rs. 88.23

Euro

1

Rs. 71.92

 

 

INFORMATION DETAILS

 

Report Prepared by :

BVA

 


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

5

PAID-UP CAPITAL

1~10

5

OPERATING SCALE

1~10

6

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

6

--PROFITABILIRY

1~10

5

--LIQUIDITY

1~10

5

--LEVERAGE

1~10

5

--RESERVES

1~10

6

--CREDIT LINES

1~10

5

--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

YES

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

TOTAL

 

48

 

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

-

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.