1. Summary Information

 

 

Country

India

Company Name

DECCAN HYDERABAD TRADEIMPEX PRIVATE LIMITED

Principal Name 1

Mr. Kristam Srinivasa Pani Rama Charan

Status

New business

Principal Name 2

Mr. Vanga Seshireddy

 

 

Registration #

01-086269

Street Address

D. No. 8-3-833/188, Plot No. 188, 1st Floor, Phase - II, Kamalapuri Colony, Hyderabad – 500018, Andhra Pradesh

Established Date

12.03.2013

SIC Code

--

Telephone#

91-40-23298159

Business Style 1

Exporter

Fax #

91-40-23298188

Business Style 2

Importer

Homepage

www.corporatedir.com

Product Name 1

Steel Products

# of employees

Not Available

Product Name 2

Billets

Paid up capital

Rs. 25,000,000/-

Product Name 3

Building Materials

Shareholders

--

Banking

Canara Bank

Public Limited Corp.

No

Business Period

4 Months

IPO

No

International Ins.

-

Public Enterprise

No

Rating

NB

Related Company

Relation

Country

Company Name

CEO

--

--

--

--

Note

-

 

 

2. Summary Financial Statement

Balance Sheet as of

 

(Unit: Indian Rs.)

Assets

Liabilities

Current Assets

--

Current Liabilities

--

Inventories

--

Long-term Liabilities

--

Fixed Assets

--

Other Liabilities

--

Deferred Assets

--

Total Liabilities

--

Invest& other Assets

--

Retained Earnings

--

 

 

Net Worth

--

Total Assets

--

Total Liab. & Equity

--

 Total Assets

(Previous Year)

--

 

 

P/L Statement as of

 

(Unit: Indian Rs.)

Sales

--

Net Profit

--

Sales(Previous yr)

--

Net Profit(Prev.yr)

--

 

 

MIRA INFORM REPORT

 

 

Report Date :

15.07.2013

 

IDENTIFICATION DETAILS

 

Name :

DECCAN HYDERABAD TRADEIMPEX PRIVATE LIMITED

 

 

Registered Office :

D. No. 8-3-833/188, Plot No. 188, 1st Floor, Phase - II, Kamalapuri Colony, Hyderabad – 500018, Andhra Pradesh

 

 

Country :

India

 

 

Date of Incorporation :

12.03.2013

 

 

Com. Reg. No.:

01-086269

 

 

Capital Investment / Paid-up Capital :

Rs. 25.000 Millions

 

 

CIN No.:

[Company Identification No.]

U51909AP2013PTC086269

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Deal in all kinds of merchandise, commodities, goods, products, articles, substances including coal, coke, minerals, iron and other ores, lime and limestone, steel and steel products, billets, cement, clinker, all kinds of building materials, pipes and fixtures, PVC [Poly Vinyl Chloride] resins, alcohol and alcohol related products, precious metals, granites, marbles, stones, byrities, silica, mica, copper, bentonite, petroleum industrial minerals, metals, chemicals, asbestos and other ores and substances, capital goods, and textiles, oils, electronic and electrical goods, all kinds of grains, foods, fruits, vegetables and other articles, goods and commodities capable of being exported, imported and traded.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

-

 

NB

                                       New Business

-

 

Status :

New business

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a new company incorporated as on march 12, 2013 and established it self gradually.

 

No other details could be made available. Payment terms are unknown.

 

The company can be considered for business dealings on a safe and secured 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 :

D. No. 8-3-833/188, Plot No. 188, 1st Floor, Phase - II, Kamalapuri Colony, Hyderabad – 500018, Andhra Pradesh, India

Tel. No.:

91-40-23298159

Fax No.:

91-40-23298188

E-Mail :

bashanandi@gmail.com

Website :

http://www.corporatedir.com

 

 

DIRECTORS

 

 

Name :

Mr. Kristam Srinivasa Pani Rama Charan

Designation :

Director

Address :

11-1-150, Aravinda Nagar, Anantapur -  515001, Andhra Pradesh, India

Date of Birth/Age :

13.10.1977

Date of Appointment :

12.03.2013

DIN No.:

06505794

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

U51909AP2013PTC085651

Rayalaseema Trading Private Limited

Additional director

01/03/2013

01/03/2013

-

Active

NO

2

U51909AP2013PTC086269

Deccan Hyderabad Tradeimpex Private Limited

Director

12/03/2013

12/03/2013

-

Active

NO

3

U51909AP2013PTC086339

South India Exim Private Limited

Director

15/03/2013

15/03/2013

-

Active

NO

 

 

Name :

Mr. Vanga Seshireddy

Designation :

Director

Address :

H. No. 4-705, SPY Reddy Model Colo, Kanti Nagar, Nandyal - Andhra Pradesh, India

Date of Birth/Age :

20.05.1975

Date of Appointment :

12.03.2013

DIN No.:

06506957

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on: 04.03.2013

 

Names of Shareholders

 

No. of Shares

Kristam Srinivasa Pani Rama Charan

 

5000

Vanga Seshireddy

 

5000

Total

 

10000

 

As on: 03.06.2013

 

Names of Allottee

 

No. of Shares

Kristam Srinivasa Pani Rama Charan

 

495000

Vanga Seshireddy

 

745000

S. Sreedhar Reddy

 

250000

S. Sujala

 

250000

V. Aravinda Rani

 

200000

V. Suresh

 

350000

S. Parvathi

 

200000

Total

 

2490000

 

 

BUSINESS DETAILS

 

Line of Business :

Deal in all kinds of merchandise, commodities, goods, products, articles, substances including coal, coke, minerals, iron and other ores, lime and limestone, steel and steel products, billets, cement, clinker, all kinds of building materials, pipes and fixtures, PVC [Poly Vinyl Chloride] resins, alcohol and alcohol related products, precious metals, granites, marbles, stones, byrities, silica, mica, copper, bentonite, petroleum industrial minerals, metals, chemicals, asbestos and other ores and substances, capital goods, and textiles, oils, electronic and electrical goods, all kinds of grains, foods, fruits, vegetables and other articles, goods and commodities capable of being exported, imported and traded.

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Available

 

 

Bankers :

Canara Bank, If Branch, 5-10-194, Chakrapani Estate, Kalanjali, Building, Opposite Police Control Room, Saifabad, Hyderabad - 500004, Andhra Pradesh, India

 

 

 

Banking Relations :

--

 

 

Auditors :

Not Available

 

 

 

CAPITAL STRUCTURE

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

2500000

Equity Shares

Rs.10/- each

Rs. 25.000 Millions

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

2500000

Equity Shares

Rs.10/- each

Rs. 25.000 Millions

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

 

NEW BUSINESS

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of Establishment

Yes

2]

Locality of the firm

Yes

3]

Constitutions of the firm

Yes

4]

Premises details

No

5]

Type of Business

Yes

6]

Line of Business

Yes

7]

Promoter's background

Yes

8]

No. of employees

No

9]

Name of person contacted

No

10]

Designation of contact person

No

11]

Turnover of firm for last three years

No

12]

Profitability for last three years

No

13]

Reasons for variation <> 20%

--

14]

Estimation for coming financial year

No

15]

Capital in the business

Yes

16]

Details of sister concerns

No

17]

Major suppliers

No

18]

Major customers

No

19]

Payments terms

No

20]

Export / Import details (if applicable)

No

21]

Market information

--

22]

Litigations that the firm / promoter involved in

--

23]

Banking Details

Yes

24]

Banking facility details

No

25]

Conduct of the banking account

--

26]

Buyer visit details

--

27]

Financials, if provided

No

28]

Incorporation details, if applicable

Yes

29]

Last accounts filed at ROC

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

No

 

 

Bankers Charges Report as per Registry

 

Corporate identity number (CIN) or foreign company registration number of the company

U51909AP2013PTC086269

Name of the company

Deccan Hyderabad TradeImpex Private Limited

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

D. No. 8-3-833/188, Plot No. 188, 1st Floor, Phase - II, Kamalapuri Colony, Hyderabad – 500018, Andhra Pradesh, India

Email-id - bashanandi@gmail.com

This form is for

Creation of charge

Type of charge

Book debts

Movable property (not being pledge)

Floating charge

Particular of charge holder

Canara Bank, If Branch, 5-10-194, Chakrapani Estate, Kalanjali, Building, Opposite Police Control Room, Saifabad, Hyderabad - 500004, Andhra Pradesh, India

Email-id - cb2423@canarabank.com

Nature of instrument creating charge

1. Common Hypothecation Agreement

2. Agreement for opening inland irrevocable letters of credit

3. Sanction Letter

Date of instrument Creating the charge

24.05.2013

Amount secured by the charge

Rs. 100.000 Millions

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

Rate of Interest

ILC/FLC - ROI: Interest @ 7.00% above ongoing base rate.

 

Terms of Repayment

ILC/FLC - Usance period 90 days

 

Margin

20% (15% at the time of opening of LC & 5% at the time of acceptance of the bill)

 

Extent and Operation of the charge

The Properties mentioned in the Agreement shall be the security for the due repayment of ILC/FLC of Rs.100.000 Millions and Interest, Discount, Commission, Charges, Costs and Expenses payable to or incurred by Bank in relation to the Loan.

Short particulars of the property or asset(s) charged (including complete address and location of the property)

Primary Security: All current assets of the Company.

 

 

 

 


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. 59.90

UK Pound

1

Rs. 90.88

Euro

1

Rs. 78.32

 

 

INFORMATION DETAILS

 

Report Prepared by :

DPH

 


 

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.