MIRA INFORM REPORT

 

 

Report Date :

29.07.2013

 

IDENTIFICATION DETAILS

 

Name :

INDIAN INSTITUTE OF TECHNOLOGY

 

 

Registered Office :

Vishwakarma Government Engineering College Complex, Chandkheda, Visat-Gandhinagar Highway, Ahmedabad - 382424, Gujarat

 

 

Country :

India

 

 

Year of Incorporation :

2008

 

 

Legal Form :

Educational Institute

 

 

Line of Business :

Providing education in varied fields.

 

 

No. of Employees :

Not Divulged

 

 

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

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established and reputed institute having a satisrfactory track record.

 

The management of the subject is a well experienced, knowledgeable and efficient people.

 

It is engaged in providing education in varied fields. It aims to create excellence in scuience, technology as well as humanities and social sciences and thereby creat rounded and nuanced minds.

 

Trade relations are reported as decent. Business is active. Payement terms are usually correct.

 

The institute 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.

 

 

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

 

MANAGEMENT NON-COOPERATIVE (Tel. No. 91-79-32419484)

 

 

LOCATIONS

 

Registered Office :

Vishwakarma Government Engineering College Complex, Chandkheda, Visat-Gandhinagar Highway, Ahmedabad - 382424, Gujarat, India

Tel. No. :

91-79-32419484

Fax No. :

91-79-23972324 / 23972583

E-Mail :

office[AT]iitgn.ac.in

Website :

http://www.iitgn.ac.in

 

 

MANAGEMENT

 

BOARD OF GOVERNORS

 

 

CHAIRMAN :

 

 

 

Name :

Dr  Baldev Raj

Designation :

President (Indian National Academy of Engineering)

Address :

New Delhi – 110016, India

 

 

MEMBERS

 

 

 

Name :

Prof. S. P. Sukhatme

Designation :

Former Director, (IIT Bombay and Former Chairman, Atomic Energy Regulatory Board)

Address :

Mumbai – 400076, Maharashtra, India

 

 

Name :

Prof. Surendra Prasad

Designation :

Former Director (IIT Delhi Indian Institute of Technology Delhi)

Address :

New Delhi – 110016, India

 

 

Name :

Prof. Deepak B. Phatak

Designation :

Members (Subrao M. Nilekani Chair Professor Kanwal Rekhi School of Information Technology Indian Institute of Technology Mumbai)

Address :

Mumbai – 400076, Maharashtra, India

 

 

Name :

Mr. Kamal Nanavaty

Designation :

President  (Strategy Development Reliance Industries Limited)

Address :

Mumbai – 400005, Maharashtra, India

 

 

Name :

S. S. Sidhu

Designation :

Director (Technical Education U. T. Administration of Daman and Diu  Secretariat)

Address :

Moti, Daman – 396220, Daman and Diu, India

 

 

Name :

Dr. Varesh Sinha

Designation :

Chief Secretary (Government of Gujarat)

Address :

Gandhinagar – 382010, Gujarat, India

 

 

Name :

Prof. G. K. Sharma

Designation :

Visiting Professor (Indian Institute of Technology)

Address :

Gandhinagar, Ahmedabad – 382424, Gujarat, India

 

 

Name :

Prof. N. Ramakrishnan

Designation :

Visiting Professor (Indian Institute of Technology Gandhinagar)

Address :

Gandhinagar, Ahmedabad – 382424, Gujarat, India

 

 

Name :

Prof. Sudhir K. Jain

Designation :

Director (Indian Institute of Technology Gandhinagar)

Address :

Gandhinagar, Ahmedabad - 382424, Gujarat, India

Qualification :

Ph.D. (California Institute of Technology Pasadena, 1983)

Profile :

Dr. Sudhir K. Jain is an outstanding academician, accomplished leader in academic administration and a reputed engineering consultant. He is a world renowned expert in the field of earthquake engineering and structural engineering. He received his B.E. degree from the University of Roorkee and MS and PhD degrees from California Institute of Technology, Pasadena, USA. He is on the Faculty of Civil Engineer, IIT Kanpur since 1984. He accepted the position of Director, IIT Gandhinagar in June 2009.

 

 

SECRETARY :

 

 

 

Name :

Mr B. S. Punalkar

Designation :

Registrar (Indian Institute of Technology Bombay)

Address :

Powai, Mumbai – 400076, Maharashtra, India

 

 

ACADEMIC OFFICIALS

 

 

Name :

Prof. Sudhir K. Jain

Designation :

Director

 

 

Name :

Prof. Ashwini Kumar

Designation :

Professor in-charge, Planning and Resources

 

 

Name :

Prof. Jaison A. Manjaly

Designation :

Dean, Student Affairs

 

 

Name :

Prof. Naran M. Pindoriya

Designation :

Chairman, Student Placement Committee

 

 

Name :

Prof. Sharmita Lahiri

Designation :

Head, Counseling Service

 

 

Name :

Prof. Sudhanshu Sharma

Designation :

Warden, Ashok Vihar Hostel

 

 

Name :

Prof. Atul Bhargava

Designation :

Warden, Boy’s Hostel

 

 

Name :

Prof. Arnapurna Rath

Designation :

Warden, Girl's Hoste006C

 

 

Name :

Prof. S. P. Mehrotra

Designation :

Professor-in-charge, External Relations

 

 

Name :

Prof. Ravikumar Bhaskaran

Designation :

Honorary Advisor, External Affairs

 

 

Name :

Prof. Abhijit Mukherjee

Designation :

Dean, Research and Development

 

 

Name :

Prof. D. V. Pai

Designation :

Professor in-charge, Sciences & HSS Disciplines

 

 

Name :

Prof. Amit Prashant

Designation :

Dean, Academic Affairs

 

 

Name :

Prof. D. P. Roy

Designation :

Professor in-charge, Engineering Disciplines

 

 

Name :

Prof. G. K. Sharma

Designation :

Professor in-charge, Faculty Affairs

 

 

Name :

Prof. S. S. Major

Designation :

Convener, IITGN Cell, IIT Bombay

 

 

Name :

Prof. Achal Mehra

Designation :

Dean, Strategic Planning and Special Initiatives

 

 

GENERAL ADMINISTRATION

·         Mr. B. S. Punalkar, Mentor Registrar, IIT Gandhinagar and Registrar, IIT Bombay

·         Mr. D. S. Gupta, Senior Assistant Registrar, IITGN Cell, IIT Bombay

·         Mr. Ram Babu Bhagat, Assistant Public Information Officer (also Assistant Registrar , Academic)

·         Ms Sunita Menon, Coordinating Officer

·         Mr. Jithesh V. K., Junior Superintendent

·         Ms. Timir Darji, Junior Assistant

 

 

LIBRARY :

·  Dr. T. S. Kumbar, Librarian

·  Ms. Pannaben Chaudhari, Sr. Lib. Inf. Assistant

·  Ms Parul Chavda, Library Trainee

·  Ms Raksha Jain, Library Trainee

·  Mr Manu T.R., Library Trainee

·  Mr Nipul Shihora, Library Trainee

 

 

ESTATE AND WORKS :

·         Mr. L. P. Srivastava, Advisor (Works)

·         Ar. Shobhit Tayal, Owners Architect

·         Mr. B. V. Puvar, Security Advisor

·         Mr. Harshad Mandalia, Senior Executive Engineer

·         Mr. Dharmesh Patel, Project Manager

·         Mr Rajeev Raizada, Senior Assistant Engineer and Estate Officer

·         Mr. P.H. Yadav, Horticulture In-Charge

·         Mr. Krishna Anand, Architect

·         Mr. Dharmendra S. Panchal, Junior Engineer

·         Mr. Nilesh Soni, Junior Engineer

·         Mr. Nand Lal Vishwakarma, Junior Superintendent

·         Mr. R.J. Upadhyay, Maintenance Supervisor

·         Mr. Santosh Raut, Caretaker, Guest House (also PS to Director)

·         Mr. Sanjeev Pandey, Caretaker, Transport Services (also Junior Accounts Officer)

·         Mr. Yashwant Chauhan, Manager, Hospitality Section

 

 

FINANCE AND ACCOUNTS :

·         Mr. Shashin A. Raval, Assistant Registrar (Finance and Accounts), (also Public Information Officer)

·         Mr. Sanjeev Pandey, Junior Accounts Officer

·         Mr. Harshad Patel, Junior Accountant

·         Ms. Arika Patel, Junior Accountant

·         Mr. Subhash Tewari, Sr. Accounts Assistant

 

 

ACADEMIC :

·         Mr. Ram Babu Bhagat, Assistant Registrar (Academic), (also Assistant Public Information Officer)

·         Mr. Shreejit B Menon, Junior Superintendent, (also PS to Dean Academic Affairs)

·         Mr. Piyush Vankar, Junior Assistant

·         Mr. Pavitra Kumar Rout, Senior Office Assistant

 

 

MATERIALS MANAGEMENT :

·         Mr. Pijush Majumdar, Assistant Registrar (Material Management)

·         Ms. Twinkle Patel, Junior Accounts Officer

·         Mr. Darshan Patel, Junior Assistant

·         Mr. Sujit Shah, Junior Assistant

·         Ms. Kamini Patel, Junior Assistant

 

 

EXTERNAL RELATIONS :

·         Ms. Meena Joshi, Assistant Registrar (External Relations)

·         Ms. K. Naga Mouli, Executive Officer

·         Mr. Dayananda Meitei, Communication and Media Relations Officer

·         Mr. Gaurav Shukla, Junior Superintendent (also PS to Professor in charge R & D)

·         Ms. Ritu Agarwal, Information Officer

·         Mr. Sunny Thomas, Junior Lab. Assistant, Web Developer

·         Mr. Nishant Nandan, Administration Assistant

 

 

IT SERVICES :

·         Mr. Sanket Patel, Junior Technical Superintendent

·         Mr. Rohit Chaudhary, Junior Technical Superintendent

·         Mr. Dharmeshkumar V. Kapadiya, Junior Lab. Attendant

·         Mr. Dinesh B. Desai, Junior Lab. Attendant

·         Mr. Shashikant Patel, Laboratory Associate

 

 

DIRECTOR'S OFFICE :

·         Mr. Santosh Raut, PS to Director (also Caretaker, Guest House)

·         Ms. Komal Vadhvani, Junior Assistant, PA to Director

·         Mr. Rakesh Kumar Chaudhary, Junior Research Engineer

·         Mr. Prabhuji Thakor, Junior Lab. Attendent

 

 

HEALTH AND FITNESS :

·         Dr. Deepa Shah, Medical Consultant

·         Dr. K. V. Mehta, Medical Consultant

·         Dr. Amrita Narayana, Psychologist

·         Mr. Manu Pratap Singh, Physical Education Coordinator

·         Ms. Jasbir Kaur Thadani, Counselor

·         Mr. Mukesh Sharma, Medical Assistant

·         Mr. Vishal M. Soni, Physical Fitness and Gymnasium Instructor

 

 

STUDENT AFFAIRS :

·         Mr C.S. Sharma, Consultant

·         Ms. Mansi Goel, Junior Placement Executive

·         Mr. Amit Purohit, Assistant Placement Executive

·         Mr. Viral Y. Shah, Junior Superintendent, PS to Associate Dean (Student Affairs) and caretaker Boys Hostels (also PS to Chairman, Faculty Search Committee)

·         Ms. Parul Vankar, Caretaker Girl's Hostel

 

 

FACULTY AFFAIRS :

·         Mr. J. S. Rawat, Office Secretary, PS To Professor-in-charge, Faculty Affairs

·         Ms. Ankita Bhandari, Trainee Office Executive

·         Mr. Shailesh Patni, Trainee Office Assistant

 

 

LABORATORIES AND CLASS ROOMS :

·         Mr. S. S. Bhatnagar, Consultant Electrical Engineer – (Electrical)

·         Mr. Nitin Shukla, Research Engineer- (Civil)

·         Mr. Ashwin K., Junior Technical Superintendent - (Mechanical)

·         Mr. Pragnesh Parekh, Junior Technical Superintendent- (Electrical)

·         Mr. Ankur K. Navdiwala, Junior Lab. Assistant - (Electrical)

·         Mr. Palak R. Bagiya, Junior Lab. Assistant- (Electrical)

·         Mr. Hiren P. Vadhavana, Junior Lab. Assistant- (Electrical)

·         Mr. Sanjaykumar K. Kachiya, Junior Lab. Assistant- (Mechanical)

·         Mr. Sanjay T. Patel, Junior Lab. Assistant- (Mechanical)

·         Mr. Jignesh S. Patel, Junior Lab. Assistant - (Chemistry)

·         Mr. Ramesh Bhai, Workshop Mechanic - (Mechanical)

·         Mr. Kishunpal Yadav, Laboratory Technician - (Civil)

·         Mr. Supresh Thaleshwari, Junior Lab. Attendant - (Chemical)

·         Mr. Tushar H. Brahmbhatt, Junior Lab. Attendant - (Electrical)

·         Mr. Prajapati R. Lalsaheb, Junior Lab. Attendant - (Mechanical)

·         Mr. Babloo, Junior Lab. Attendant - (Mechanical)

·         Mr. M Armugam, Junior Lab. Attendant - (Mechanical)

·         Mr. Mayur N. Chauhan, Junior Lab. Attendant - (Physics)

·         Mr. Bhikhabhai Patel, Junior Lab. Attendant - (Shed-III)

·         Mr. Ashish Pandey, Workshop Mechanic – (Mechanical)

 

 

FINANCE COMMITTEE

 

 

Name :

Dr R. A. Mashelkar, FRS

Designation :

Chairman, Board of GovernorsIndian Institute of  Technology Gandhinagar Ahmedabad

 

 

MEMBERS

 

 

 

Name :

Prof. Sudhir K. Jain

Designation :

Director Indian Institute of Technology  Gandhinagar Ahmedabad

 

 

Name :

Ashok Thakur, IAS

Designation :

Special Secretary  (Higher Education) MHRD, Government of India New Delhi

 

 

Name :

Ajay Jha

Designation :

Financial Advisor MHRD (AS&FA),  Government of India New Delhi

 

 

Name :

Prof. S. C. Sahasrabudhe

Designation :

Director Dhirubhai Ambani Institute of Information and Communication Technology Gandhinagar

 

 

Name :

Prof. S. L. Narayanamurthy

Designation :

Visiting Professor Indian Institute of Technology Gandhinagar Ahmedabad

 

 

SECRETARY :

 

 

 

Name :

Mr. B. S. Punalkar

Designation :

Registrar, IIT Bombay

 

 

BUILDING AND WORKS COMMITTEE

 

 

CHAIRMAN :

 

 

 

Name :

Prof. Sudhir K. Jain

Designation :

Director Indian Institute of Technology Gandhinagar Ahmedabad

 

 

MEMBERS :

 

 

 

Name :

Mr. Kiran S. Wagh

Designation :

Chief Advisor (Civil Infrastructure) Indian Institute of Technology  Bombay Mumbai

 

 

Name :

Mr. R. Subramanian

Designation :

Former Additional Director- General Central PWD New Delhi

 

 

Name :

Prof. N. Chhaya

Designation :

Dean, Faculty of Architecture CEPT University Ahmedabad

 

 

Name :

Mr. N. K. Patel

Designation :

Chief Engineer Roads and Buildings Department Government of Gujarat Gandhinagar

 

 

SECRETARY :

 

 

 

Name :

Mr. B.  S.  Punalkar

Designation :

Registrar,  IIT Bombay

 

 

SENATE (AS ON MARCH 31, 2012)

 

 

CHAIRMAN :

 

 

 

Name :

Prof.  Sudhir  K.  Jain

Designation :

Director Indian Institute of Technology Gandhinagar Ahmedabad

 

 

MEMBERS :

·         Prof. D. V. Pai

·         Prof. S. L. Narayanamurthy

·         Prof. D. P. Roy

·         Prof. G. K. Sharma

·         Prof. B. D. Agarwal

·         Prof. Naresh Jotwani

·         Prof. S. S. Major

·         Prof. N. Ramakrishnan

·         Prof. Murali Damodaran

·         Prof. Nityanand Prabhu

·         Prof. Ashwini Kumar

·         Prof. Amit Prashant

·         Prof. Vinod Narayanan

·         Prof. Jaison Manjaly

·         Prof. Sharmita Lahiri

·         Prof. Iti Gupta

·         Prof. Arup Lal Chakraborty

·         Prof. Supreet Saini

·         Prof. Surendra Ranganath

·         Prof. Vedant Kadambi

·         Prof. A. Ramanathan

·         Prof. Ramesh Gaonkar

·         Prof. Sameer Dalvi

·         Prof. K. V. V. Murthy

·         Prof. Raghavan Rangarajan

·         Prof. Pawan Lingras

·         Prof. N. V. Suryanarayana

·         Prof. Joycee Mekie

 

 

INVITEES :

 

 

 

Name :

Mr. Shashank Pandey

Designation :

Student Senate Representatives

 

 

Name :

Mr. Ajinkya Kulkarni

Designation :

Student Senate Representatives

 

 

Name :

B. S. Punalkar

Designation :

Secretary

 

 

STANDING COMMITTEES OF THE SENATE (AS ON MARCH 31, 2012)

 

 

SENATE ACADEMIC PERFORMANCE EVALUATION  COMMITTEE

(SAPEC) :

·         Prof D. V. Pai, Convener

·         Prof. K.V.V.Murthy

·         Prof.Nitin Padhiyar

·         Prof. Jaison Manjaly

·         Prof. AjantaSachan

 

 

SENATE SCHOLARSHIPS AND PRIZES COMMITTEE (SSPC) :

·         Prof. Jaison Manjaly, Chairman

·         Prof. N. Ramakrislman

·         Prof. SharinitaLahiri

·         Prof. K. Ragavan

·         Prof. Cliiiimav Ghoroi

 

 

SENATE ACADEMIC PROGRAMMES COMMITTEE (SAPC) :

·         Prof. Amit Prashant, Chairman

·         Prof. D.P.Roy

·         Prof. SurendraRanganath

·         Prof. S. L. Narayanamurthy

·         Prof. Sriram Kanvah

·         Prof. Joycee Mekie

·         Prof. Vinod Narayanan

·         Prof. Sameer Dalvi

·         Prof. SharmitaLahiri

·         Mr Subhash Kunche, Student Senate Nominee

·         Mr Luv Gupta, Student Senate Nominee

 

 

SENATE STUDENT AFFAIRS COMMITTEE (SSAC) :

·         Prof. Jaison Manjaly, Chairman

·         Prof. Surendra Ranganath

·         Prof. N. Ramakrislman

·         Prof. SuchiraSen

·         Prof. Nardil Pindoriya

·         Mr Shashank Pandey, Student Senate Nominee

·         Mr Ajinkya Kulkarni, Student Senate Nominee

·         Ms Kirti Jain, Student Senate Nominee

·         Mr Ravi Agarwal, Student Senate Nominee

 

 

SENATE LIBRARY COMMITTEE :

·         Prof. Samccr Dalvi, Chairman

·         Prof. Joycee Mekie

·         Prof. Atul Bhargav

·         Prof. AbhijitMishra

·         Prof. Rita Kothari

 

 

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

No

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

No

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

No

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

31]

Date of Birth of Proprietor/Partner/Director, if available

No

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

 

 

ABOUT INSTITUTE

 

The Indian Institute of Technology Gandhinagar (hereafter IITGN) was founded in the year 2008. It is currently located in Chandkheda, which is about a 15-minute drive from both Ahmedabad and Gandhinagar, Gujarat. Ahmedabad is one of the oldest living cities in India, known both for a rich cultural past as well as state-of-the-art  infrastructure,  thriving industries, and many modern amenities. It is also the hub of prestigious academic and research institutes such as the Indian Institute of Management, Ahmedabad and the National Institute of Design. Gujarat’s long standing mercantile and business tradition encourages excellence and entrepreneurship.

 

IITGN is in the process of building its permanent campus in Gandhinagar, the capital of Gujarat, a city that expresses the state’s vision of modernity. Despite operating from a temporary campus at the Vishwakarma Government Engineering College, Chandkheda, IITGN has excellent facilities in terms of classrooms, laboratory spaces, faculty offices, etc. IIT Gandhinagar currently offers a 4-year B. Tech. programme in Chemical, Electrical and Mechanical Engineering and an M. Tech. programme in Chemical, Civil, Electrical, Mechanical Engineering and in Metallurgy Materials Science. In addition, the Institute offers the students the option to do a Minor in Computer Science or Management along with their B. Tech. degrees. It also offers Ph.D. progammes in several disciplines in Engineering (Chemical, Civil, Computer Science, Electrical, Mechanical, and Metallurgy & Materials Science), Sciences (Chemistry, Physics and Mathematics) and Humanities and Social Sciences (Cognitive Science,  English, Philosophy, Sociology and others). IITGN goes many steps beyond the call and definition of a technology Institute, it aims to create excellence in science, technology as well as the Humanities and Social Sciences and thereby create rounded and nuanced minds.

 

 

SUPPORT FOR IIT GANDHINAGAR

 

Major Grant from the Government of Gujarat

 

Technology Incubation and Development of Entrepreneurs Centre Government of India establishes Chair at IITGN Research on Solar Power Systems get boost Scholarship support from Neotia Foundation Nilekani Fund at IIT Gandhinagar Motwani Fund at IITGandhinagar Major Grant from the Government of Gujarat The Government of Gujarat has sanctioned a grant of Rs 1,000 lakh to set up a  Centre of  Excellence in Biomedical Engineering at IITGN. The Centre will focus on research and  development in the areas of biomedical engineering, healthcare technology, biochemical  engineering, pharmaceuticals, and nanotechnology. The Centre's efforts will focus on the development of low-cost diagnostic techniques and low-cost prosthetic devices for rural areas,  and efficient drug delivery techniques. The activities envisioned include the development of  relevant technologies, entrepreneurial ventures, promoting industry-academia collaborations  and dissemination of knowledge in allied fields.

 

 

Technology Incubation and Development of Entrepreneurs Centre

 

A Technology Incubation and Development of Entrepreneurs Centre is being set up at  IITGN with an initial grant of Rs 1.55 crores from the  Department of Information  Technology,  Government of India . It will provide a platform to the students of the Institute  to develop technologies for commercialization for entrepreneurship. The mandate of this  Centre resonates with IITGN's vision that its graduates should create jobs rather than seek  them.

 

 

Government of India establishes Chair at IITGN  

 

The Ministry of Earth Sciences, Government of India has sanctioned an endowment of Rs  1.5 crore to establish a

Varahamihira MoES Chair at the Institute in the area of Earth System Science and Engineering (including Earthquake Engineering, Science of Climate Change, and Ocean Science and Technology).

 

 

Research on Solar Power Systems get boost

 

Research in the area of integrating distributed renewable generation into electrical grid being  carried out by Prof. Naran Pindoriya and his group at IITGN got boost from support provided by  Gujarat Energy Development Agency

(GEDA), Gandhinagar and NTT Facilities, Inc., Japan. Both organizations have provided one 10 kW roof-top solar photovoltaic (PV) system each to the Institute. The GEDA system (44 polyerystalline modules each rated at 230 W) is produced by Jain Irrigation Systems Ltd., India while the NTT Facilities system (64 thin-film modules each rated at 150 W) is made by Solar Frontier, Japan. These PV systems are expected to generate a total of about 30,000 kWh of electricity every year and reduce CO2 emissions by about 28 tonnes. These systems are already operational and being used for research work of solar PV, and also reduce the energy bills of the Institute. Underwriters Laboratories, USA has also shown interest in this research work.

 

 

Scholarship support from Neotia Foundation

 

Shri Suresh Neotia, member of the BoG of IITGN has donated through Neotia Foundation a sum of Rs. 4.5 lakh to support Ph. D. research in the area of Cognitive Science. Shri Neotia was born and raised in Kolkata and hails from a family that has been successful in business for over 100 years. He completed his B. Com. degree from St. Xavier's College, Kolkata and LLB from Kolkata University. He

is currently the co-promoter and Chairman of Gujarat Ambuja

Cements Ltd.

 

 

Nilekani Fund at IIT Gandhinagar

 

Mr Nandan Nilekani has donated Rs 25 lakh to initiate the Nilekani  Fund at IIT Gandhinagar to support initiatives of excellence and pursue areas of high priority at the Institute. Mr Nilekani, a visionary, is an alumnus of IIT Bombay, and currently heads the Unique Identification Authority of India (UIDAI) project of the Government of India. A co-founder of NASSCOM and of Infosys Technologies Ltd, Mr Nilekani served as the CEO of Infosys from 2002-2007. In 2006, the Government of India conferred the Padma Bhushan on Mr Nilekani in recognition of his distinguished service to the nation.

 

 

Motwani Fund at IIT Gandhinagar

 

The Motwani Fund was instituted at IIT Gandhinagar with an initial donation of USD 50,000 thanks to the philanthropic efforts of Ms Asha Jadeja, wife of Late Prof. Rajeev Motwani. Prof. Motwani was an alumnus of IIT Kanpur and did his Ph. D. at the University of California, Berkeley. As a professor of Computer Science at Stanford University, he carried out pioneering research in the areas of web search, robotics and theoretical computer science. Ms Jadeja, originally from Ahmedabad, did her graduate studies at USC, UC Berkeley, and Stanford University. She is actively involved in philanthropic educational initiatives in India and in the USA. She also mentors many startups in the Bay Area. The Motwani Fund will support excellence and high-priority initiatives at the Institute.

 

 

 

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.58.91

UK Pound

1

Rs.90.68

Euro

1

Rs.78.22

 

 

INFORMATION DETAILS

 

Information Gathered by :

PLK

 

 

Report Prepared by :

MRI

 


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

4

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

NO

--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

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

DEFAULTER

 

 

--RBI

YES/NO

NO

--EPF

YES/NO

NO

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

 

 

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.