1.
Summary Information
|
|
|
Country |
|
|
Company Name |
|
Principal Name 1 |
Mr. Deepak Khanna |
|
Status |
Moderate |
Principal Name 2 |
Mr. Hakumat Rai |
|
|
|
Registration # |
55-097405 |
|
Street Address |
425/1, |
||
|
Established Date |
11.12.1998 |
SIC Code |
-- |
|
Telephone# |
91-11-25278238 |
Business Style 1 |
Importer |
|
Fax # |
91-11-25254954 |
Business Style 2 |
Exporter |
|
Homepage |
Product Name 1 |
Non ferrous metals. |
|
|
# of employees |
Not Available |
Product Name 2 |
Metals |
|
Paid up capital |
Rs.70,000,000/- |
Product Name 3 |
Metals Scrape |
|
Shareholders |
Directors or relatives of directors – 100.00% |
Banking |
Yes Bank Limited
|
|
Public Limited Corp. |
No |
Business Period |
15 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
B (30) |
|
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 |
144,178,000 |
Current Liabilities |
69,403,000 |
|
Inventories |
29,169,000 |
Long-term Liabilities |
85,188,000 |
|
Fixed Assets |
62,017,000 |
Other Liabilities |
1,386,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
155,977,000 |
|
Invest& other Assets |
666,000 |
Retained Earnings |
10,053,000 |
|
|
|
Net Worth |
80,053,000 |
|
Total Assets |
236,030,000 |
Total Liab. & Equity |
236,030,000 |
|
Total Assets (Previous Year) |
140,794,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
430,699,000 |
Net Profit |
1,856,000 |
|
Sales(Previous yr) |
347,631,000 |
Net Profit(Prev.yr) |
1,381,000 |
MIRA
INFORM REPORT
|
Report Date : |
01.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
425/1, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.03.2012 |
|
|
|
|
Date of Incorporation : |
11.12.1998 |
|
|
|
|
Com. Reg. No.: |
55-097405 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 70.000 Millions |
|
|
|
|
CIN No.: [Company
Identification No.] |
U27109DL1998PTC097405 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
DELD04497D |
|
|
|
|
PAN No.: [Permanent
Account No.] |
AAACD8555C |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business : |
Importers and Exporters of various Non-Ferrous Metals. |
|
|
|
|
No of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (30) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 320000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow But Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a moderate track record. Even though the profitability is increasing year on year, profit
margins appear to be low. However, trade relations are fair. Business is active. Payments are
recorded as slow but correct. The company can be considered for business dealings with some caution.
|
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 |
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 : |
425/1, |
|
Tel. No.: |
91-11-25278238 |
|
Mobile No. : |
91-9810412871 (Mr.Kunal Khanna) |
|
Fax No.: |
91-11-25254954 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
D-1, 1st Floor, Shubham Enclave, Paschim Vihar, New Delhi –
110041, India |
|
Tel. No.: |
91-11-25278238 |
|
Fax No.: |
91-11-25254954 |
DIRECTORS
AS ON 29.09.2012
|
Name : |
Mr. Deepak Kumar Khanna |
|
Designation : |
Director |
|
Address : |
217, Bhera Enclave, Paschim Vihar, |
|
Date of Birth/Age : |
12.03.1959 |
|
Date of Appointment : |
11.12.1998 |
|
PAN No.: |
ABIPK6565A |
|
DIN No.: |
00281925 |
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 |
U74899DL1995PTC072784 |
RISHAB
DEV TRADE IMPEX PRIVATE LIMITED |
Director |
27-09-95 |
27-09-95 |
27-03-07 |
Active |
NO |
|
2 |
U27109DL1998PTC097405 |
DERBY
OVERSEAS PRIVATE LIMITED |
Managing
director |
11-12-98 |
11-12-98 |
- |
Active |
NO |
|
Name : |
Mr. Kunal Khanna |
|
Designation : |
Director |
|
Address : |
217, Bhera Enclave, Paschim Vihar, |
|
Date of Birth/Age : |
18.08.1985 |
|
Date of Appointment : |
01.10.2004 |
|
PAN No.: |
AOJPK0286P |
|
DIN No.: |
00281967 |
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 |
U27109DL1998PTC097405 |
DERBY
OVERSEAS PRIVATE LIMITED |
Director |
01-10-04 |
01-10-04 |
Active |
NO |
|
2 |
U28999PB2008PTC032251 |
DERBY
WIRES PRIVATE LIMITED |
Director |
02-09-08 |
02-09-08 |
Active |
NO |
|
3 |
U31402PB2008PTC032357 |
KAYCEE
BATTERIES AND ALLOYS PRIVATE LIMITED |
Director |
16-10-08 |
16-10-08 |
Active |
NO |
|
Name : |
Mr. Hakumat Rai |
|
Designation : |
Director |
|
Address : |
208, New Jawahar Nagar, Jalandhar, |
|
Date of Birth/Age : |
19.10.1958 |
|
Date of Appointment : |
11.12.1998 |
|
PAN No.: |
AARPR4324D |
|
DIN No.: |
00282572 |
|
|
|
|
Name : |
Mr. Suraj Rai Khullar |
|
Designation : |
Director |
|
Address : |
208, New Jawahar Nagar, Jalandhar, |
|
Date of Birth/Age : |
03.01.1984 |
|
Date of Appointment : |
01.05.2002 |
|
PAN No.: |
AHRPR9545H |
|
DIN No.: |
00282600 |
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 |
U27109DL1998PTC097405 |
DERBY
OVERSEAS PRIVATE LIMITED |
Director |
01-05-02 |
01-05-02 |
Active |
NO |
|
2 |
U55101PB1996PTC017984 |
CREATIVE
LAND AND PROPERTIES PRIVATE LIMITED |
Director |
10-02-06 |
10-02-06 |
Active |
NO |
|
3 |
U28999PB2008PTC032251 |
DERBY
WIRES PRIVATE LIMITED |
Managing
director |
02-09-08 |
02-09-08 |
Active |
NO |
|
4 |
U31402PB2008PTC032357 |
KAYCEE
BATTERIES AND ALLOYS PRIVATE LIMITED |
Director |
16-10-08 |
16-10-08 |
Active |
NO |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2012
|
Names of Shareholders |
No. of Shares |
|
Deepak Kumar Khanna |
2095000 |
|
Hakumat Rai |
1286500 |
|
Kunal Khanna |
444300 |
|
Suraj Rai Khullar |
474000 |
|
Geetu |
666500 |
|
Sonam Khullar |
173000 |
|
Surya Rai Khullar |
190000 |
|
Deepak Khanna (HUF) |
162700 |
|
Hakumat Rai (HUF) |
410000 |
|
Suraj Raj Khullar (HUF) |
300000 |
|
Naveen Khanna |
65000 |
|
Santosh Khanna |
733000 |
|
TOTAL
|
7000000 |
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 : |
Importers and Exporters of various Non-Ferrous Metals. |
|
|
|
|
Products : |
Metals and Metals Scrape |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
·
Yes Bank Limited, 9th Floor, Nehru Centre,
Discovery of India, Dr. Annie Besant Road, Worli, Mumbai-400018, Maharashtra,
India ·
Bank of India, New Delhi Overseas Branch, Vijaya
Building, 17, Barakhamba Road, New Delhi-110001, India |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Kapil N K Goel
and Company Chartered Accountant |
|
Address : |
F- 2 6 / 124,
Sector-7 Nearr, M2K Cinema, Rohini Delhi-110085 India |
|
PAN No.: |
AAJFK1081E |
CAPITAL STRUCTURE
AS ON 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7000000 |
Equity Shares |
Rs.10/- each |
Rs. 70.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7000000 |
Equity Shares |
Rs.10/- each |
Rs. 70.000 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 |
70.000 |
70.000 |
39.447 |
|
|
2] Share Application Money |
0.000 |
0.000 |
19.673 |
|
|
3] Reserves & Surplus |
10.053 |
8.281 |
6.914 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
80.053 |
78.281 |
66.034 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
70.688 |
6.321 |
22.933 |
|
|
2] Unsecured Loans |
14.500 |
0.700 |
4.700 |
|
|
TOTAL BORROWING |
85.188 |
7.021 |
27.633 |
|
|
DEFERRED TAX LIABILITIES |
0.466 |
0.434 |
0.421 |
|
|
|
|
|
|
|
|
TOTAL |
165.707 |
85.736 |
94.088 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
62.017 |
44.926 |
37.795 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.666 |
0.666 |
0.666 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
29.169
|
21.265 |
4.532 |
|
|
Sundry Debtors |
127.356
|
53.407 |
49.357 |
|
|
Cash & Bank Balances |
(8.287)
|
(11.714) |
(2.916) |
|
|
Other Current Assets |
9.868
|
4.081 |
6.811 |
|
|
Loans & Advances |
15.241
|
28.163 |
3.603 |
|
Total
Current Assets |
173.347
|
95.202 |
61.387 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
67.686
|
52.701 |
1.120 |
|
|
Other Current Liabilities |
1.717
|
1.306 |
3.850 |
|
|
Provisions |
0.920
|
1.051 |
0.790 |
|
Total
Current Liabilities |
70.323
|
55.058 |
5.760 |
|
|
Net Current Assets |
103.024
|
40.144 |
55.627 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
165.707 |
85.736 |
94.088 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
430.699 |
347.631 |
453.495 |
|
|
|
Other Income |
0.262 |
0.186 |
0.942 |
|
|
|
TOTAL |
430.961 |
347.817 |
454.437 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
428.400 |
345.796 |
451.962 |
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
428.400 |
345.796 |
451.962 |
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
2.561 |
2.021 |
2.475 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.705 |
0.640 |
0.790 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
1.856 |
1.381 |
1.685 |
|
|
|
|
|
|
|
|
|
|
FOREIGN EXCHANGE
EARNINGS |
4.819 |
5.242 |
NA |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
0.27 |
-- |
-- |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.43
|
0.40 |
0.37 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
0.59
|
0.58 |
0.55 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.09
|
1.44 |
2.50 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.03
|
0.03 |
0.04 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.06
|
0.09 |
0.42 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.47
|
1.73 |
10.66 |
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 |
No |
|
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 |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
|
Unsecured Loan |
Rs.
In Millions 31.03.2012 |
Rs.
In Millions 31.03.2011 |
|
Term Loans From Others |
2.300 |
0.700 |
|
Loans and Advances from Related Parties |
12.200 |
0.000 |
|
|
|
|
|
TOTAL |
14.500 |
0.700 |
FORM 8
|
Corporate
identity number of the company |
U27109DL1998PTC097405 |
|
Name of the
company |
DERBY OVERSEAS
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
425/1, Rani Khera Road, Mundka, New Delhi – 110041, India |
|
This form is for |
Creation of
charge |
|
Type of charge |
·
Book
debts ·
Movable
property (not being pledge) ·
Floating
charge ·
Others |
|
Particular of charge
holder |
Yes Bank Limited, 9th Floor, Nehru Centre, Discovery of
India, Dr. Annie Besant Road, Worli, Mumbai-400018, Maharashtra, India |
|
Nature of
instrument creating charge |
Deed of
Hypothecation Dated 28/03/2013 |
|
Date of instrument
Creating the charge |
28.03.2013 |
|
Amount secured by
the charge |
Rs. 120.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of interest Cash
credit-1.75%+YBBR,CYBBR-10.50%,ROI-12.25% p.a Buyers
credit-1(sublimit of cc)-0.80% p.a Buyers
credit-2-0.80%p.a Terms of repayment Cash credit-12
months Buyers
credit-1(sublimit of cc)120 days Buyers credit-2 -
120 days Margin Cash credit-25% on
(book debts less than 90 days plus stock less creditors) Buyers
credit-1(sublimit of cc)- 25% on (book debts less than 90 days plus stock
less creditors) 10% in form of FD to
be kept under lien with YBL Buyers credit-2 -
10% in form of FD to be kept under lien with YBL Extent and operation of the charge Exclusive charge
by way of hypothecation on all current assets (both present and future) |
|
Short particulars
of the property charged (Including location of the property) |
Exclusive charge
by way of hypothecation on all current assets (both present and future) |
FIXED ASSETS
·
Office Premises
·
Land and Building
·
Weighing Equipments
·
Metal Detector
·
Water Filter
·
Fans
·
Air Conditioners
·
Generator
·
Computer
·
Car
·
Motor Cycle
·
Furniture and Fixtures
·
Telephone Instruments
·
Thread Mill
·
Room Heater
·
Video Door Phone
·
Camera – Digital
·
Television
·
DVD
·
Cycles
·
Fire Extinguishers
·
Photostat Machine
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. 56.49 |
|
|
1 |
Rs. 86.00 |
|
Euro |
1 |
Rs. 73.68 |
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 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
30 |
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.