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Report Date : |
04.06.2013 |
IDENTIFICATION DETAILS
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Name : |
ONLY LUXURY CONSULTANCY |
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Registered
Office : |
525, Udyog Vihar, Phase V, Gurgaon-122016, Haryana |
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Country : |
India |
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Year of
Establishment : |
2011 |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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Legal Form : |
Not Divulged |
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Line of Business
: |
Provide Consultancy Services |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Undetermined |
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|
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Our executive could not contact the subject as the available number
was switched off. As per indirect source we found that the subject is a relatively new
firm which is engaged in the consultancy services. No other details could be made available. The subject 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 – 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 |
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High |
B2 |
|
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.
LOCATIONS
|
Registered Office : |
525, Udyog Vihar, Phase V, Gurgaon-122016, Haryana, India |
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Tel. No.: |
Not Available |
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Mobile No.: |
91-8080604603 (Switch Off) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
SOLE PROPRIETOR/PARTNERS
NOT DIVULGED
KEY EXECUTIVES
|
Name : |
Mr. Lokesh Saluja |
|
Designation : |
Chief Executive Officer |
BUSINESS DETAILS
|
Line of Business : |
Provide Consultancy Services |
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Terms : |
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Selling : |
Cash, Credit (30 Days) |
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Purchasing : |
Cash, Credit (30 Days) |
GENERAL INFORMATION
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Customers : |
Retailers and Others |
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|
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No. of Employees : |
Not Divulged |
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|
|
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Bankers : |
Not Divulged |
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|
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Banking
Relations : |
-- |
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|
|
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Auditors : |
Not Divulged |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
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Borrowed : |
Not Divulged |
|
Total : |
-- |
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT DIVULGED
Note : Sole Proprietory and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
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 |
No |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
No |
|
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 |
Yes |
|
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 |
WEBSITE DETAILS
The launch of The Only Luxury Consultancy frankly was driven by demand
and request from brands whom required unified expertise in Brand and Business Consultancy,
Distribution and Retail. Consisting of eight partners each with their own
expertise, whom are complimented by their exclusive international network of
strategic partners
OLC is unique in its approach; they will only take on client who they feel are
a correct fit strategically within their whole group and have aligned
objectives.
The Only Luxury Consultancy - "OLC" is an consortium of the emerging
economies finest and most dedicated Luxury experts. Representing a number of
the most critical Luxury market sub sectors; from Haute Horlogerie to Yacht
Design
Through their consistent track record of success and vast network of
relationships in the luxury sector, they focus on business development,
strategic alliances and market penetration. They specialize in direct
introductions, global placement, events and partnership marketing with luxury
brands at senior director level for mutual business and client development.
contactus@onlyluxuryconsultancy.com
From Face Book Page
About
“The definition of
luxury begins with a vision for the extraordinary”
Mission Defining
luxury though the extraordinary
Description
Only Luxury
Consultancy and its partners have over 50 years combined experience within the Luxury
Goods and its associated industries across all continents. Part of RRS
Enterprise Investments, OLC sets itself apart through its benchmark reputation
and partners.
OLC through its
unique approach specializes in providing 360 services to Brands keen on
entering highly lucrative BRIC territories, through its 2 divisions, Business
Management Services and Consulting offering Local territory, production and
office management to Team Outsource Management, a full 360 service is available
and “The Creative Team”; a selection of some the best designers and creative
agents catering to the needs. Available to without excessive costs, while
providing only the highest calibre of results. OLC's service portfolio is
created by our clients and further supported with their extensive understanding
of SME's to Corporate enterprises. See More
3D Design and
Animation, Print Design and Layout, Illustrations, Transit Advertising,
Promotional Items, Public Relations, Advertising, Film Production, Video
Layout, Broadcast Advertising, Corporate Video, Interactive CDs, Television
Commercials, Custom Photography
Technical Services:
Website Development, Database Integration, Online Payment Services, Content
Management Services, Software Development, E-Commerce Solutions, Database
Marketing, Search Engine Optimization
Management Services and Consulting:
Advertising, Content and Image research, Licensing, Planning, Sales Promotion,
Market Research, Network Consulting, General Business Consulting, New Territory
Launch Services, Local Offices Facilitation, Country Management, Team Outsource
Management
WEB SEARCH
Press Release
TwinLuxe, the
world’s most revolutionary, performance-based grooming and skincare brand,
announced its exclusive representative and distribution partner in the Republic
of India with Only Luxury Consultancy (part of RRS Enterprise Investments)
PRLo (Press Release)- Oct. 17, 2012 - IRVINE,
CA - TwinLuxe, the world’s most revolutionary, performance-based grooming and
skincare brand, today announced its exclusive representative and distribution
partner in the Republic of India with Only Luxury Consultancy (part of RRS
Enterprise Investments). OLC will be implementing the TwinLuxe brand into
India’s finest retailers, Luxury Spa’s and Boutique Barbers, and supporting and
establishing the brand through its wide range of expertise such as marketing,
branding, market analysis, brand management and distribution.
“I’m very excited to be working with Only Luxury Consultancy’s Chairman and
Founding Partner Rahul Kapoor. His business relationships and keen sense of
true luxury will be great assets in the proliferation of TwinLuxe skincare and
luxury shave sets into India,” says TwinLuxe co-founder Anthony Tsai.
“With the cosmetics and skincare market in India growing at a healthy pace,
this is the perfect time for us to bring to attention our partnership with
TwinLuxe. Their products excel compared to any and have already been labeled
“The Rolls Royce Of Shaving Equipment” by leading international magazines,”
says Only Luxury Consultancy Chairman Rahul Kapoor
“Only Luxury Consultancy CEO Lokesh Saluja and his team will be focusing on
implementing TwinLuxe products within India's finest retailers and spas. A
selection of discerning customers will be receiving some of the first full sets
in India this Diwali. TwinLuxe products will retail in India from INR 1,350 to
INR 99,900” he adds.
About TwinLuxe
TwinLuxe, founded by identical twin brothers Hubert and Anthony Tsai and
launched in 2010, offers the finest grooming products for the modern man and
women - best anti-aging, sun protection, luxury skin care, and shaving
solutions for men and women. TwinLuxe’s comprehensive 8-product ‘Shaving
Skincare’ line and ‘Fine Shaving Instruments’ can
be found in exclusive retailers world-wide, such as The Oriental Spa at The
Landmark Mandarin Oriental in Hong Kong (Asia‘s #1 Spa), Colette in Paris, and
Fred Segal in Santa Monica, California.
TwinLuxe 'Shaving Skincare' is a range of formulations that can be combined for
a customized result. The high-performance, innovative products are based on a
powerful custom blend of Asian botanicals, such as Pearl Powder and Hydrolyzed
Rice Protein, to offer care tailored to individual needs.
TwinLuxe 'Fine Shaving Instruments' modern designed shave sets are manufactured
with the utmost respect and attention to design, craftsmanship and materials, using
only the most innovative technologies for a perfected performance. Shaving and
skin care maintenance has never been this accurate or elegant.
TwinLuxe products are paraben free and not tested on animals.
About Only Luxury Consultancy (OLC)
Only Luxury Consultancy and its partners have over 50 years combined experience
within the Luxury Goods and its associated industries across all continents.
Part of RRS Enterprise Investments, OLC sets itself apart through its benchmark
reputation and partners.
OLC through its unique approach specializes in providing 360 services to Brands
keen on entering highly lucrative BRIC territories, through its 2 divisions,
Business Management Services and Consulting offering Local territory,
production and office management to Team Outsource Management, a full 360
service is available and “Your Creative Team”; a selection of some the best
designers and creative agents catering to your needs. Available to you without
excessive costs, while providing only the highest calibre of results. OLC's
service portfolio is created by our clients and further supported with our
extensive understanding of SME's to Corporate enterprises.“The definition of
luxury begins with a vision for the extraordinary”
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 records 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. 56.57 |
|
|
1 |
Rs. 86.15 |
|
Euro |
1 |
Rs. 73.64 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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.