1. Summary Information
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|
|
Country |
India |
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Company Name |
SREEKANTH TRADING PRIVATE LIMITED |
Principal Name 1 |
Aravinda Rani Vemuri |
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Status |
New Business |
Principal Name 2 |
Sujala Sajjala |
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|
|
Registration # |
01-086945 |
|
Street Address |
D. No.
8-3-833/188, Plot No. 188, Ground Floor, Phase II, Kamalapuri Colony,
Hyderabad – 500073, Andhra Pradesh |
||
|
Established Date |
12.04.2013 |
SIC Code |
-- |
|
Telephone# |
Not Available |
Business Style 1 |
Trade |
|
Fax # |
Not Available |
Business Style 2 |
Export |
|
Homepage |
Not Available |
Product Name 1 |
Coal |
|
# of employees |
Not Divulged |
Product Name 2 |
Coke |
|
Paid up capital |
Rs.
50,000,000/- |
Product Name 3 |
Minerals |
|
Shareholders |
-- |
Banking |
Bank of Baroda |
|
Public Limited Corp. |
No |
Business Period |
3 Months |
|
IPO |
No |
International Ins. |
- |
|
Public |
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) |
-- |
|
Report Date : |
17.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
SREEKANTH TRADING PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
D. No.
8-3-833/188, Plot No. 188, Ground Floor, Phase II, Kamalapuri Colony,
Hyderabad – 500073, Andhra Pradesh |
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|
|
|
Country : |
India |
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|
|
|
Date of
Incorporation : |
12.04.2013 |
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|
|
|
Com. Reg. No.: |
01-086945 |
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|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 50.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51909AP2013PTC086945 |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
To carry on business of trade, buy, sell, market, export,
import, act as agent, store, preserve, stock, assemble, pack, supply, distribute,
trade, or otherwise 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, enzymes, yeast, ethanol, 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, |
|
|
|
|
No. of Employees
: |
Not Available [Not able to contact
the company on the available number.] |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
- |
NB |
New Business |
- |
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Status : |
New Business |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company. Establishing itself gradually. Our executives are unable to contact the company. 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 |
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Very High |
C1 |
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Restricted |
C2 |
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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.
INFORMATION DECLINED
UNABLE TO CONTACT
LOCATIONS
|
Registered Office : |
D. No.
8-3-833/188, Plot No. 188, Ground Floor, Phase II, Kamalapuri Colony,
Hyderabad – 500073, Andhra Pradesh, India |
|
Tel. No.: |
91-40-23298159 |
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Fax No.: |
91-40-23298188 |
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E-Mail : |
DIRECTORS
|
Name : |
Aravinda Rani Vemuri |
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Designation : |
Director |
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Address : |
31/726, Bommala Satram, Kurnool – 518502, Andhra Pradesh India |
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Date of Birth/Age : |
12.01.1979 |
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Date of Appointment : |
12.04.2013 |
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DIN No.: |
01241976 |
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Other Directorship :
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Name : |
Sujala Sajjala |
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|
Designation : |
Director |
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|
Address : |
H No. 30-726, Bommalasatra Nandyal - 518502 ,Andhra Pradesh,
India |
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Date of Birth/Age : |
07.11.1976 |
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Date of Appointment : |
12.04.2013 |
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DIN No.: |
01796982 |
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Other Directorship :
|
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 10.04.2013
|
Names of Shareholders |
|
No. of Shares |
|
Aravinda Rani Vemuri |
|
5000 |
|
Sujala Sajjala |
|
5000 |
|
|
|
|
|
Total |
|
10000 |
BUSINESS DETAILS
|
Line of Business : |
To carry on business of trade, buy, sell, market, export,
import, act as agent, store, preserve, stock, assemble, pack, supply,
distribute, trade, or otherwise 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, enzymes, yeast, ethanol, 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, |
GENERAL INFORMATION
|
No. of Employees : |
Not Available [Not able to
contact the company on the available number.] |
|
|
|
|
Bankers : |
Bank of Baroda, Banjara Hills Branch, 8-2-596/5, Road No. 10, Banjara
Hills, Hyderabad – 500034, Andhra Pradesh, India |
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Banking
Relations : |
-- |
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|
|
|
Auditors : |
Not Available |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs. 10/- each |
Rs. 50.000 Millions |
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|
|
|
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs. 10/- each |
Rs. 50.000 Millions |
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|
|
|
|
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 of the company |
U51909AP2013PTC086945 |
|
Name of the
company |
SREEKANTH TRADING
PRIVATE LIMITED |
|
Address of the registered
office or of the principal place of
business in |
D. No.
8-3-833/188, Plot No. 188, Ground Floor, Phase II, Kamalapuri Colony,
Hyderabad – 500073, Andhra Pradesh, India Email: 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 |
Bank of Baroda, Banjara Hills Branch, 8-2-596/5, Road No. 10, Banjara Hills,
Hyderabad – 500034, Andhra Pradesh, India Email: pbbhyd@bankofbaroda.com
|
|
Nature of
description of the instrument creating or modifying the charge |
Composite
Hypothecation Agreement. |
|
Date of instrument
Creating the charge |
18.06.2013 |
|
Amount secured by
the charge |
Rs. 250.000
Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest CC (50.000
Millions) - 6.25% over base rate i.e. 16.50% p.a. at present with monthly
rests. FLC/ILC (200.000
Millions) - 6.25% over base rate/as per bank guidelines. Terms of Repayment On Demand Margin CC (50.000
Millions) - 25% on stock & 40% on book debts. FLC/ILC (200.000
Millions) - 25% on BDs, 35% on LCs Extent and Operation of the charge The assets
hypothecated shall operates as security for the due re-payment of the
loan/facilities aggregating to Rs.250.000 Millions extended by the Bank to
the Company, along with interest, penal interest, costs and other expenses,
if any. |
|
Short particulars
of the property charged |
Hypothecation of
goods, book debts and other tangible movable assets. Detailed description of the
goods, book debts and tangible assets are given in the second schedule of
composite hypothecation agreement. |
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. 59.39 |
|
|
1 |
Rs. 89.90 |
|
Euro |
1 |
Rs. 77.73 |
INFORMATION DETAILS
|
Information
Gathered by : |
PLV |
|
|
|
|
Report Prepared
by : |
BVA |
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.