Business
information report
1. Summary Information
|
Country |
India |
||
|
Company Name |
ALLPORT
INTERNATIONAL PRIVATE LIMITED |
Principal Name 1 |
Mr. Jeewan Prakash Gupta |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Harmojinder Pal Singh Arora |
|
Registration # |
55-044086 |
||
|
Street Address |
A-213-214, Som Dutt Chmaber I, Bikaji Cama Place, New Delhi-110066 |
||
|
Established Date |
25.04.1991 |
SIC Code |
-- |
|
Telephone# |
91-11-26161275 |
Business Style 1 |
Exporter |
|
Fax # |
91-11-26181491 |
Business Style 2 |
Trader |
|
Homepage |
Product Name 1 |
Safety Equipment
Systems |
|
|
# of employees |
Not Available |
Product Name 2 |
-- |
|
Paid up capital |
Rs.
3,911,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or
relatives of Directors – 100% |
Banking |
Union Bank of
India |
|
Public Limited Corp. |
No |
Business Period |
22 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
Ba (47) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
19,316,000 |
Current Liabilities |
12,670,000 |
|
Inventories |
3,827,000 |
Long-term Liabilities |
34,689,000 |
|
Fixed Assets |
34,412,000 |
Other Liabilities |
3,743,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
51,102,000 |
|
Invest& other Assets |
21,147,000 |
Retained Earnings |
23,689,000 |
|
|
|
Net Worth |
27,600,000 |
|
Total Assets |
78,702,000 |
Total Liab. & Equity |
78,702,000 |
|
Total Assets (Previous Year) |
63,013,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
36,291,000 |
Net Profit |
-- |
|
Sales(Previous yr) |
38,133,000 |
Net Profit(Prev.yr) |
4,572,000 |
MIRA INFORM REPORT
|
Report Date : |
09.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
ALLPORT INTERNATIONAL PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
A-213-214, Som Dutt Chmaber I, Bikaji Cama Place, New Delhi-110066 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
25.04.1991 |
|
|
|
|
Com. Reg. No.: |
55-044086 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 3.911 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1991PTC044086 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Exporter, Trader of Safety Equipment Systems,
Instrumentation Control Equipments etc |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (47) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 110000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a satisfactory track record. Trade relations are reported as decent. Business is active. Payment
terms are usually correct and as per commitment. The company can be considered for 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 – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
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 / Corporate Sales Office : |
A-213-214, Som Dutt Chmaber I 5, Bikaji Cama Place, New Delhi-110066,
India |
|
Tel. No.: |
91-11-26161275 / 26161276 |
|
Fax No.: |
91-11-26181491 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head Office : |
Allport House, 333, Udyog Vihar, Phase II, Gurgaon-122016, Haryana,
India |
|
|
|
|
Works 1 : |
H-160, Surajpur Industrial Area, Site-5, Kasna, Greater Noida-201308,
Uttar Pradesh, India |
|
|
|
|
Works 2 : |
Plot No.356, Sector 3, Industrial Growth Centre, Bawal,
Haryana-123501, India |
|
|
|
|
Branch Office : |
Located At
|
DIRECTORS
AS ON 29.09.2012
|
Name : |
Mr. Jeewan Prakash Gupta |
|
Designation : |
Director |
|
Address : |
A-1/2, Panchsheel Enclave, New Delhi-110017, India |
|
Date of Birthday : |
26.09.1946 |
|
Date of Appointment : |
25.01.2010 |
|
DIN No.: |
00181105 |
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 |
L25199OR1988PLC002144 |
POLAR
PHARMA INDIA LIMITED |
Whole-time
director |
28-12-02 |
28-12-02 |
12-11-08 |
Active |
NO |
|
2 |
U72200DL2005PTC132725 |
DIPLOMAT
IT SYSTEMS PRIVATE LIMITED |
Director |
01-03-06 |
01-03-06 |
- |
Active |
NO |
|
3 |
U15520DL2008PTC183454 |
NIRVANA
BIOSYS PRIVATE LIMITED |
Director |
18-09-08 |
18-09-08 |
- |
Active |
NO |
|
4 |
U74899DL1991PTC044086 |
ALLPORT
INTERNATIONAL PRIVATE LIMITED |
Director |
07-09-10 |
25-01-10 |
- |
Active |
NO |
|
Name : |
Mr. Harmojinder Pal Singh Arora |
|
Designation : |
Director |
|
Address : |
A-58, Panchsheel Enclave, New Delhi-110017, India |
|
Date of Appointment : |
01.01.1992 |
|
DIN No.: |
00986120 |
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 |
U74899DL1991PTC044086 |
ALLPORT
INTERNATIONAL PRIVATE LIMITED |
Director |
01-01-92 |
01-01-92 |
Active |
NO |
|
2 |
U29100DL2008PTC178487 |
ALLPORT
FTI INTERNATIONAL (INDIA) PRIVATE LIMTIED. |
Director |
22-05-08 |
22-05-08 |
Active |
NO |
|
3 |
U74120DL2008PTC181177 |
MSA ALLPORT
ENGINEERING EQUIPMENTS PRIVATE LIMITED |
Director |
22-07-08 |
22-07-08 |
Active |
NO |
|
Name : |
Mr. Kalayan Singh |
|
Designation : |
Director |
|
Address : |
A174, Fateh Nagar, Delhi-110018, India |
|
Date of Appointment : |
25.04.1991 |
|
DIN No.: |
00986132 |
|
|
|
|
Name : |
Mr. Surinderjit Kaur Arora |
|
Designation : |
Director |
|
Address : |
A-58, Panchsheel Enclave, New Delhi-110017, India |
|
Date of Birthday : |
11.04.1955 |
|
Date of Appointment : |
13.12.2009 |
|
DIN No.: |
02885186 |
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 |
U74899DL1991PTC044086 |
ALLPORT
INTERNATIONAL PRIVATE LIMITED |
Director |
07-09-10 |
13-12-09 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2012
|
Names of Shareholders |
No. of Shares |
|
Harmojinder Pal Singh Arora |
25122 |
|
Surinderjit Kaur Arora |
13983 |
|
TOTAL
|
39105 |
AS ON 29.09.2012
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Exporter, Trader of Safety Equipment Systems,
Instrumentation Control Equipments etc |
|
|
|
|
Services : |
|
GENERAL INFORMATION
|
Customers : |
|
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
Not Available |
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Bankers : |
|
|||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
SNR and Company Chartered Accountant |
|
Address : |
A-15, 2nd Floor, Hauz Khas, New Delhi-110016, India |
|
PAN No.: |
AAKFS9813P |
CAPITAL STRUCTURE
AS ON 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
Rs.100/- each |
Rs. 5.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
39105 |
Equity Shares |
Rs.100/-
each |
Rs. 3.911
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
3.911 |
3.911 |
|
(b) Reserves & Surplus |
|
23.689 |
18.270 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
27.600 |
22.181 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
7.250 |
10.250 |
|
(b) Deferred tax liabilities (Net) |
|
1.450 |
1.251 |
|
(c) Other long term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
8.700 |
11.501 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
|
27.439 |
11.158 |
|
(b) Trade payables |
|
6.183 |
13.204 |
|
(c) Other current liabilities |
|
6.487 |
2.973 |
|
(d) Short-term
provisions |
|
2.293 |
1.996 |
|
Total Current
Liabilities (4) |
|
42.402 |
29.331 |
|
|
|
|
|
|
TOTAL |
|
78.702 |
63.013 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
34.412 |
13.287 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
20.694 |
29.335 |
|
(b) Non-current Investments |
|
0.453 |
0.453 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
|
0.833 |
0.238 |
|
(e) Other
Non-current assets |
|
6.671 |
10.170 |
|
Total Non-Current
Assets |
|
63.063 |
53.483 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
3.827 |
0.486 |
|
(c) Trade receivables |
|
1.691 |
4.198 |
|
(d) Cash and cash
equivalents |
|
5.911 |
0.130 |
|
(e) Short-term loans
and advances |
|
0.222 |
0.367 |
|
(f) Other current
assets |
|
3.988 |
4.349 |
|
Total Current Assets |
|
15.639 |
9.530 |
|
|
|
|
|
|
TOTAL |
|
78.702 |
63.013 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
3.911 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
13.698 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
17.609 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
3.927 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
3.927 |
|
|
DEFERRED TAX LIABILITIES |
|
|
1.202 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
22.738 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
14.042 |
|
|
Capital work-in-progress |
|
|
5.339 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.453 |
|
|
DEFERREX TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.421 |
|
|
Sundry Debtors |
|
|
3.492 |
|
|
Cash & Bank Balances |
|
|
9.972 |
|
|
Other Current Assets |
|
|
0.000 |
|
|
Loans & Advances |
|
|
6.430 |
|
Total
Current Assets |
|
|
20.315 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
15.078 |
|
|
Other Current Liabilities |
|
|
0.938 |
|
|
Provisions |
|
|
1.395 |
|
Total
Current Liabilities |
|
|
17.411 |
|
|
Net Current Assets |
|
|
2.904 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
22.738 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
36.291 |
38.133 |
|
|
|
|
Other Income |
4.199 |
2.709 |
|
|
|
|
TOTAL |
40.490 |
40.842 |
41.656 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
32.579 |
34.226 |
35.974 |
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
7.911 |
6.616 |
5.682 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
NA |
2.044 |
1.757 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
NA |
4.572 |
3.925 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
20.110 |
19.933 |
15.129 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
7.830 |
7.084 |
10.836 |
|
|
TOTAL IMPORTS |
7.830 |
7.084 |
10.836 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
-- |
116.90 |
100.37 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
NA
|
11.19 |
9.42 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
21.80
|
17.35 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
13.75
|
19.91 |
16.54 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.29
|
0.30 |
0.32 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.26
|
0.97 |
0.22 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.37
|
0.32 |
1.17 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in Report
(Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
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 |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details
(if applicable) |
Yes |
|
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 |
No |
FINANCIAL RESULTS
During the year the company has achieved a turnover of Rs. 40.490
Millions against previous year turnover of Rs. 40.842 Millions with net profit
before tax of Rs. 7.911 Millions against previous year net profit of Rs. 6.616
Millions
FORM 8
|
Corporate
identity number of the company |
U74899DL1991PTC044086 |
|
Name of the
company |
ALLPORT
INTERNATIONAL PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
A-213-214, Som Dutt Chmaber I 5, Bikaji Cama Place, New Delhi-110066, India |
|
This form is for |
Modification of
charge |
|
Charge
identification number of the charge to be modified |
90044175 |
|
Type of charge |
|
|
Particular of charge
holder |
Union Bank of India, Soami Nagar Branch, D-7, Soaminagar, New
Delhi-110017, India |
|
Nature of
instrument creating charge |
Memorandum of
Deposit of Title Deed dated 08.05.2013. Extension of
Equitable Mortgage dated 08.05.2013. Agreement under
Mortgage Loan Scheme dated 08.05.2013. |
|
Date of
instrument Creating the charge |
08.05.2013 |
|
Amount secured by
the charge |
Rs. 16.750
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest Interest shall be
charged @ (BR + 1.50) i.e. 11.75% p.a. at present (floating 10.25%) at
monthly rests. Terms of repayment In case of
overdraft the account will be reviewed every year. The EMI is liable to be
charged with revision in rate of interest, as per H.O./ RBI directive/
revision of Bank's base rate. Margin As per Bank's
norms. Extent and operation of the charge 1. Extension of
Equitable Mortgage of Plot No. 333, Udyog Vihar, Phase- II, Gurgaon in the name
of the company already mortgaged with the bank against Term loan account
0802300008303. 2. Equitable
mortgage of commercial flat no. A-212, Second Floor, Som Dutt Chambers-1, 5,
Bhikaji Cama Place, New Delhi- 110066. |
|
Short particulars
of the property charged (Including location of the property) |
|
|
Date of
instrument modifying the charge |
24.04.2010 |
|
Particulars of
the present modification |
1. Withdrawal of
UTC limit of Rs. 8.000 Millions. 2. Addition of
Overdraft facility of Rs. 10.000 Millions, sanctioned under New United
Mortgage Loan (New Scheme). 3. Other terms
and conditions, |
FIXED ASSETS
- Land
- Building
- Furniture and
Fixtures
- Plant and
Machinery
- Computers
- Electrical
Installation
- Office
Equipments
- Vehicles
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. 60.33 |
|
|
1 |
Rs. 90.78 |
|
Euro |
1 |
Rs. 77.80 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
47 |
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.