MIRA
INFORM REPORT
|
Report Date : |
12.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
KOHINOOR PLANET CONSTRUCTIONS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Kohinoor Bhavan, Senapti Bapat Marg, Dadar (West), Mumbai - 400028,
Maharashtra |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
16.10.1996 |
|
|
|
|
Com. Reg. No.: |
11-103315 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 70.100 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U5102MH1996PTC103315 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCR6994E |
|
|
|
|
Legal Form : |
Private Limited Liability Company. |
|
|
|
|
Line of Business
: |
Real Estate Builders and Developers. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (49) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 20620000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a part of Kohinoor group is an established company having a
satisfactory track record. There appears slight dip in sales turnovers. However, general financial position of the company seems to be strong.
Trade relations are reported to be fair. Business is active. Payments are
reported to be usually correct and as per commitment. The company can be considered for normal business dealings at usual
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 |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
ICRA |
|
Rating |
BB+ |
|
Rating Explanation |
Having moderate risk of default regarding
timely securing of financial obligation. |
|
Date |
February 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 : |
Kohinoor Bhavan, Senapti Bapat Marg, Dadar (West), Mumbai - 400028,
Maharashtra, India |
|
Tel. No.: |
91-22-66530000 |
|
Fax No.: |
91-22-66530011 |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2012
|
Name : |
Mr. Unmesh Manohar Joshi |
|
Designation : |
Managing Director |
|
Address : |
101, Oceana Apartment, Keluskar Marg, Shivaji Park, Dadar (West),
Mumbai – 28, Maharashtra, India |
|
Date of Birth/Age : |
28.06.1965 |
|
Date of Appointment : |
16.10.1996 |
|
DIN No.: |
00062111 |
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 |
U55100MH1983PTC029405 |
HOTEL AIRPORT
KOHINOOR PRIVATE LIMITED |
Managing
director |
16/01/1987 |
16/01/1987 |
- |
Active |
NO |
|
2 |
U55101MH1989PTC054744 |
KOHINOOR
BUSINESS HOTELS PRIVATE LIMITED |
Managing
director |
22/12/1989 |
22/12/1989 |
- |
Active |
NO |
|
3 |
U74220MH1983PTC030007 |
KOHINOOR
TECHNICAL CONSULTANCY PRIVATE LIMITED |
Managing
director |
01/04/1990 |
01/04/1990 |
- |
Active |
NO |
|
4 |
U45102MH1996PTC103315 |
KOHINOOR PLANET
CONSTRUCTIONS PRIVATE LIMITED |
Managing
director |
16/10/1996 |
16/10/1996 |
- |
Active |
NO |
|
5 |
U72100MH2000PTC128916 |
KOHINOOR
TECHNOLOGIES PRIVATE LIMITED |
Managing
director |
28/09/2000 |
28/09/2000 |
- |
Active |
NO |
|
6 |
U80220MH2002PTC137507 |
KOHINOOR TECHNICAL
INSTITUTE PRIVATE LIMITED |
Managing
director |
09/10/2002 |
09/10/2002 |
- |
Active |
NO |
|
7 |
U80300MH2002PTC137837 |
KOHINOOR
EDUCATION VENTURES PRIVATE LIMITED |
Managing
director |
12/11/2002 |
12/11/2002 |
- |
Active |
NO |
|
8 |
U45200MH2005PTC154831 |
KOHINOOR
PROJECTS PRIVATE LIMITED |
Managing
director |
15/07/2005 |
15/07/2005 |
- |
Active |
NO |
|
9 |
U45200MH2005PTC155800 |
KOHINOOR CTNL
INFRASTRUCTURE COMPANY PRIVATE LIMITED |
Director |
31/08/2005 |
31/08/2005 |
- |
Active |
NO |
|
10 |
U63031MH2005PLC157257 |
GORAKHPUR
EXPRESSWAY LIMITED |
Director |
29/09/2010 |
28/07/2006 |
- |
Active |
NO |
|
11 |
U85110MH2007PTC170496 |
KOHINOOR
HOSPITALS PRIVATE LIMITED |
Managing
director |
01/05/2007 |
01/05/2007 |
- |
Active |
NO |
|
12 |
U17200MH2004PLC146250 |
SPORTS EDUCATION
DEVELOPMENT INDIA LIMITED |
Director |
14/04/2009 |
14/04/2009 |
- |
Active |
NO |
|
13 |
U55101MH2010PTC200582 |
KOHINOOR ELITE
HOTELS PRIVATE LIMITED |
Director |
05/03/2010 |
05/03/2010 |
- |
Active |
NO |
|
14 |
U55100TN2011PTC079522 |
KOHINOOR -
ASIANA HOTEL MANAGEMENT PRIVATE LIMITED |
Director |
08/03/2011 |
08/03/2011 |
- |
Active |
NO |
|
15 |
U70102MH2011PTC214803 |
KOHINOOR
MATOSHREE INFRA VENTURES PRIVATE LIMITED |
Managing
director |
15/03/2011 |
15/03/2011 |
- |
Active |
NO |
|
16 |
U55101TN2002PTC048987 |
MALABAR HOTELS
PRIVATE LIMITED |
Director |
28/09/2011 |
14/06/2011 |
- |
Active |
NO |
|
17 |
U70102MH2012PTC230121 |
KOHINOOR HOUSING
DEVELOPMENT PRIVATE LIMITED |
Managing
director |
23/04/2012 |
23/04/2012 |
- |
Active |
NO |
|
18 |
U55100MP2012PTC028300 |
GENEX HOTELS
PRIVATE LIMITED |
Director |
27/04/2012 |
27/04/2012 |
- |
Active |
NO |
|
Name : |
Mrs. Anagha Manohar Joshi |
|
Designation : |
Director |
|
Address : |
101, Oceana Apartment, Keluskar Marg, Shivaji Park, Dadar (West),
Mumbai – 28, Maharashtra, India |
|
Date of Birth/Age : |
02.01.1945 |
|
Date of Appointment : |
16.10.1996 |
|
DIN No.: |
00240037 |
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 |
U74220MH1983PTC030007 |
KOHINOOR
TECHNICAL CONSULTANCY PRIVATE LIMITED |
Director |
18/05/1983 |
18/05/1983 |
- |
Active |
NO |
|
2 |
U55100MH1983PTC029405 |
HOTEL AIRPORT
KOHINOOR PRIVATE LIMITED |
Director |
16/01/1987 |
16/01/1987 |
- |
Active |
NO |
|
3 |
U55101MH1989PTC054744 |
KOHINOOR
BUSINESS HOTELS PRIVATE LIMITED |
Director |
22/12/1989 |
22/12/1989 |
03/11/2009 |
Active |
NO |
|
4 |
U45102MH1996PTC103315 |
KOHINOOR PLANET
CONSTRUCTIONS PRIVATE LIMITED |
Director |
16/10/1996 |
16/10/1996 |
- |
Active |
NO |
|
5 |
U72100MH2000PTC128916 |
KOHINOOR
TECHNOLOGIES PRIVATE LIMITED |
Director |
28/09/2000 |
28/09/2000 |
- |
Active |
NO |
|
6 |
U80220MH2002PTC137507 |
KOHINOOR
TECHNICAL INSTITUTE PRIVATE LIMITED |
Director |
09/10/2002 |
09/10/2002 |
- |
Active |
NO |
|
7 |
U80300MH2002PTC137837 |
KOHINOOR
EDUCATION VENTURES PRIVATE LIMITED |
Director |
12/11/2002 |
12/11/2002 |
- |
Active |
NO |
|
8 |
U85110MH2007PTC170496 |
KOHINOOR
HOSPITALS PRIVATE LIMITED |
Director |
01/05/2007 |
01/05/2007 |
- |
Active |
NO |
|
Name : |
Mr. Madhavi Unmesh Joshi |
|
Designation : |
Director |
|
Address : |
101, Oceana Apartment, Keluskar Marg, Shivaji Park, Dadar (West),
Mumbai – 28, Maharashtra, India |
|
Date of Birth/Age : |
05.11.1970 |
|
Date of Appointment : |
16.10.1996 |
|
DIN No.: |
00236987 |
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 |
U55100MH1983PTC029405 |
HOTEL AIRPORT
KOHINOOR PRIVATE LIMITED |
Director |
12/10/1990 |
12/10/1990 |
- |
Active |
NO |
|
2 |
U45102MH1996PTC103315 |
KOHINOOR PLANET
CONSTRUCTIONS PRIVATE LIMITED |
Director |
16/10/1996 |
16/10/1996 |
- |
Active |
NO |
|
3 |
U55101MH1989PTC054744 |
KOHINOOR
BUSINESS HOTELS PRIVATE LIMITED |
Director |
12/10/1999 |
12/10/1999 |
03/11/2009 |
Active |
NO |
|
4 |
U72100MH2000PTC128916 |
KOHINOOR TECHNOLOGIES
PRIVATE LIMITED |
Director |
28/09/2000 |
28/09/2000 |
- |
Active |
NO |
|
5 |
U80220MH2002PTC137507 |
KOHINOOR
TECHNICAL INSTITUTE PRIVATE LIMITED |
Director |
09/10/2002 |
09/10/2002 |
- |
Active |
NO |
|
6 |
U80300MH2002PTC137837 |
KOHINOOR
EDUCATION VENTURES PRIVATE LIMITED |
Director |
12/11/2002 |
12/11/2002 |
- |
Active |
NO |
|
7 |
U85110MH2007PTC170496 |
KOHINOOR
HOSPITALS PRIVATE LIMITED |
Director |
01/05/2007 |
01/05/2007 |
- |
Active |
NO |
|
8 |
U55101MH2010PTC200582 |
KOHINOOR ELITE
HOTELS PRIVATE LIMITED |
Director |
05/03/2010 |
05/03/2010 |
- |
Active |
NO |
|
9 |
U70102MH2012PTC230121 |
KOHINOOR HOUSING
DEVELOPMENT PRIVATE LIMITED |
Director |
23/04/2012 |
23/04/2012 |
- |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2012
|
Names of Shareholders |
No. of Equity
Shares |
|
Mr. Unmesh Manohar Joshi |
9900 |
|
Mrs. Anagha Manohar Joshi |
100 |
|
|
|
|
TOTAL
|
10000 |
|
Names of Shareholders |
No. of
Preference Shares |
|
Mr. Madhavi Unmesh Joshi |
7000000 |
|
|
|
|
TOTAL
|
7000000 |
AS ON 30.09.2012
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Real Estate Builders and Developers. |
||||
|
|
|
||||
|
Products : |
|
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|
|
|
|
Bankers : |
·
The Cosmos Co-Operative Bank Limited, Pune, Dadar
Branch, Dadar (West), Mumbai – 400028, Maharashtra, India ·
State Bank of India, Industrial Finance Branch,
The Arcade, 2nd Floor World Trade Centre, Cuffe Parade, Mumbai – 400005,
Maharashtra, India. ·
TJSB Sahakari Bank Limited, 4, Sapana Building,
Ground Floor, Near Portuguese Church, S.K. Bole Marg. Dadar (West), Mumbai –
400028, Maharashtra, India Email
ID : avinash.munde@tjsb.co.in
|
|
|
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S.V. Mauskar and Company Chartered Accountant |
|
Address : |
411, Vidhata Building, 4th Floor, 126, Ram Maruti Road, Shivaji
Park, Dadar (West), Mumbai – 400028, Maharashtra, India |
|
PAN No.: |
AADPM6926A |
CAPITAL STRUCTURE
AS ON 31.09.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
500000 |
Equity Shares |
Rs.10/- each |
Rs. 5.000 Millions |
|
7000000 |
Preference Shares |
Rs.10/- each |
Rs. 70.000 Millions |
|
|
TOTAL |
|
Rs. 75.000
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100
Million |
|
700000 |
Preference Shares |
Rs.10/- each |
Rs. 70.000 Millions |
|
|
TOTAL |
|
Rs. 70.100 Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
70.100 |
70.100 |
70.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
5084.954 |
4998.458 |
5079.913 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
5155.054 |
5068.558 |
5150.013 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
2157.307 |
1779.861 |
2158.062 |
|
|
2] Unsecured Loans |
0.000 |
982.484 |
1016.261 |
|
|
TOTAL BORROWING |
2157.307 |
2760.073 |
3174.323 |
|
|
DEFERRED TAX LIABILITIES |
278.542 |
312.726 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7590.903 |
8141.357 |
8324.336 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
938.572 |
1101.621 |
1294.999 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
4176.432 |
3797.021 |
3079.818 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
6734.668
|
5734.895 |
4532.400 |
|
|
Sundry Debtors |
44.423
|
23.473 |
225.982 |
|
|
Cash & Bank Balances |
108.105
|
123.083 |
528.574 |
|
|
Other Current Assets |
0.000
|
0.000 |
20.102 |
|
|
Loans & Advances |
3701.872
|
3392.646 |
3182.096 |
|
Total
Current Assets |
10589.068
|
9274.097 |
8489.154 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
239.668
|
309.286 |
4039.226 |
|
|
Other Current Liabilities |
7600.689
|
5454.634 |
0.000 |
|
|
Provisions |
272.812
|
267.462 |
500.424 |
|
Total
Current Liabilities |
8113.169
|
6031.382 |
4539.650 |
|
|
Net Current Assets |
2475.899
|
3242.715 |
3949.504 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.015 |
|
|
|
|
|
|
|
|
TOTAL |
7590.903 |
8141.357 |
8324.336 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
497.185 |
639.254 |
2496.535 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
Financial Expenses |
|
|
|
|
|
|
TOTAL |
269.760 |
423.798 |
1560.754 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
227.424 |
215.456 |
935.781 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
161.964 |
191.132 |
6.521 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
65.460 |
24.324 |
929.260 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
NA |
109.139 |
366.112 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
NA |
(84.814) |
563.148 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
961.141 |
1045.955 |
482.807 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
NA |
961.141 |
1045.955 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
NA |
NA |
NA |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
NA
|
(13.26) |
22.55 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
13.16
|
3.80 |
37.22 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.42
|
0.17 |
7.22 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.01
|
0.00 |
0.18 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
1.57
|
1.19 |
0.88 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.30
|
1.54 |
1.87 |
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 |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
No |
|
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 |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
----- |
|
14] |
Estimation for coming
financial year |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
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 |
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 |
Yes |
Note
Registered Office of the company has been shifted from Kohinoor
Bhavandenapati Bapat Marg, Dadar (West), Mumbai – 400028, Maharashtra to the present
address w.e.f. 08.10.2012
FORM 8
|
Corporate
identity number of the company |
U45102MH1996PTC103315 |
|
Name of the
company |
KOHINOOR PLANET
CONSTRUCTIONS PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
Kohinoor Bhavan, Senapti Bapat Marg, Dadar (West), Mumbai - 400028,
Maharashtra, India |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Immovable
property |
|
Particular of
charge holder |
·
TJSB Sahakari Bank Limited, 4, Sapana Building,
Ground Floor, Near Portuguese Church, S.K. Bole Marg. Dadar (West), Mumbai –
400028, Maharashtra, India Email ID : avinash.munde@tjsb.co.in |
|
Nature of instrument
creating charge |
DEED OF MORTGAGE |
|
Date of
instrument Creating the charge |
17.08.2012 |
|
Amount secured by
the charge |
Rs. 350.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest @13.85% P.A. I.E.
1.50%P.A. BELOW PLR Terms of repayment 9 Months / 3
Principal Installments 1ST Installment: RS. 1167.00 LACS 2ND Installment: RS.1167.00 LACS 3RD Installment: Rs. 116.600
Millions Margin NA Extent and operation of the charge Mortgage of
property to secure term loan of Rs. 350.000 Millions. |
|
Short particulars
of the property charged (Including location of the property) |
1. Registered mortgage of the unit no. 2g comprising
of the entire ground floor admeasuring on or about 12589.57 sq. Ft. Carpet
area, unit no. 23 comprising of the entire 3rd floor admeasuring on or about
15133.65 sq. Ft. Carpet area, unit no. 24 comprising of the entire fourth
floor admeasuring on or about 15133.65 sq. Ft. Carpet area in the wing b,
tower - 2 known as kohinoor commercial - ii in the project known as
"kohinoor city mall" i.e. Resting on the piece and parcel of the
land bearing cts no. 637b/2(p) village kurla ii (vidyavihar), mumbai suburban
district, within the local limits of municipal corporation of greater mumbai. 2. Personal guarantee of director viz, 1. Mr. Unmesh m. Joshi |
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.54.53 |
|
|
1 |
Rs.88.05 |
|
Euro |
1 |
Rs.72.29 |
INFORMATION DETAILS
|
Report Prepared
by : |
SPR |
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 |
6 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
49 |
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.