MIRA
INFORM REPORT
|
Report Date : |
05.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
DATA TECH COMPUTERS PRIVATE LIMITED |
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Registered
Office : |
604 Samruddhi Building, Navjivan, Ahmedabad – 380014, Gujarat |
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Country : |
India |
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Financials (as
on) : |
31.03.2012 |
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Date of
Incorporation : |
08.04.1996 |
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Com. Reg. No.: |
04-029268 |
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Capital Investment
/ Paid-up Capital : |
Rs.12.389 Millions |
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CIN No.: [Company Identification
No.] |
U72200GJ1996PTC029268 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Trading in Computer Hardware and Computer Networking Services. |
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No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
B (39) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 69000 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having moderate track record. The
company has good performance capability but the financial position is
moderate. However, trade relations are reported as fair. Business is active. Payment
terms are slow but correct. The company can be considered for business dealings with slight
caution. |
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 PARTED BY
|
Name : |
Mr. Mahesh Choudhary |
|
Designation : |
Accounts Manager |
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Tel. No.: |
91-79-27542500 |
|
Date : |
04.06.2013 |
LOCATIONS
|
Registered Office : |
604 Samruddhi Building, Navjivan, Ahmedabad – 380014, Gujarat, India |
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Tel. No.: |
91-79-27542500/ 1218 |
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Fax No.: |
91-79-27544553 |
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E-Mail : |
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Website : |
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Overseas Operation : |
32 Mayfield St, Wentworthville, NSW 2145, Australia |
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Tel. No.: |
+61-425227998 |
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Branch : |
Located at: · Baroda · Rajkot ·
Jaipur |
DIRECTORS
As on: 28.09.2012
|
Name : |
Mr. Rakesh Mahendrabhai Patel |
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Designation : |
Director |
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Address : |
6/64, Suramya Apartments, Opposite Jaymangal Society, Navrangpura,
Ahmedabad – 380063, Gujarat, India |
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Date of Birth/Age : |
14.06.1970 |
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Date of Appointment : |
08.04.1996 |
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DIN No.: |
01769219 |
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Name : |
Mrs. Lina Rakesh Patel |
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Designation : |
Director |
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Address : |
6/64, Suramya Apartments, Opposite Jaymangal Society, Navrangpura,
Ahmedabad – 380063, Gujarat, India |
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Date of Birth/Age : |
29.03.1971 |
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Date of Appointment : |
01.07.1997 |
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DIN No.: |
02537961 |
KEY EXECUTIVES
|
Name : |
Mr. Mahesh Choudhary |
|
Designation : |
Accounts Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 28.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Rakesh M. Patel |
|
742770 |
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Leena R. Patel |
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318938 |
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Yogeshbhai B. Panchal |
|
1890 |
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Indiraben B. Panchal |
|
1890 |
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Amiben Yogeshbhai Panchal |
|
1890 |
|
Paresh M. Patel |
|
1890 |
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Anjanaben M. Patel |
|
1890 |
|
Palak P. Patel |
|
1890 |
|
Tej P. Patel |
|
1890 |
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Shardaben M. Patel |
|
54338 |
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Heli Patel (Represented by Rakesh Patel) |
|
54810 |
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Parita Patel (Represented by Rakesh Patel) |
|
54810 |
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Total |
|
1238896 |
Equity Share Break up (Percentage of Total Equity)
As on: 28.09.2012
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Category |
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Percentage |
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Directors or relatives of directors |
|
100.00 |
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Total
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|
100.00 |
BUSINESS DETAILS
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Line of Business : |
Trading in Computer Hardware and Computer Networking Services. |
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Terms : |
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Selling : |
Cash and Credit |
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Purchasing : |
Cash and Credit |
GENERAL INFORMATION
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No. of Employees : |
Information declined by the management |
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Bankers : |
· Punjab National Bank, Sola Road Branch, Near Bhuyangdev Cross Road, Ahmedabad - 380061, Gujarat, India ·
ICICI Bank Limited, 9th Floor, JMC House,
Opposite Parimal Garden, Ahmedabad - 380006, Gujarat, India · Punjab National Bank, Sola Road Bhuyangdev Char, Rasta Ghatlodim, Ahmedabad - 380061, Gujarat, India |
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Facilities : |
(Rs.
In Millions)
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Arun Sadhwani and Company Chartered Accountants |
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Address : |
3, Bhagyoday, Navjivan, Ahmedabad – 380014, |
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Tel No.: |
91-79-27541889 |
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PAN No.: |
AKWPS4345J |
CAPITAL STRUCTURE
As on: 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
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|
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|
2000000 |
Equity Shares |
Rs.10/- each |
Rs.20.000 Millions |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
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|
1238896 |
Equity Shares |
Rs.10/- each |
Rs.12.389
Millions |
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b) Reconciliation of the
Shares outstanding at the beginning and at the end of the year
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|
31st March 2012 |
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No of share |
Rs. In Millions |
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At the beginning of the year |
458850 |
4.589 |
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Issued during the years |
780046 |
7.800 |
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Outstanding at the end of the year |
1238896 |
12.389 |
(c) Terms/Rights attached to
equity shares
The
Company has only one class of Equity Snares having a par value of Rs.10 per share
Each holder of Equity Share .s entitled So one vote per share.
The
company declares and pays dividend in Indian Rupees
the dividend proposed by the board of directors is subject to the approval of
the share holders in the
ensuing annual general meeting
During
the year ended 31.03.2012 company has not decided any dividend but accumulated
retained earnings for development of the company.
In
the event of liquidation of the company, the holders of equity shares will be
entitled to receive remaining assets of the company after distribution of all
preferential amounts.
The
distribution will be in proportion to the number of the equity shares held by
the shareholders.
(d) Details of share holders
holding more than 5% share in the Company is set out below
|
|
31st March 2012 |
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No of share |
% of Holding |
|
Rakesh Patel |
742710 |
60% |
|
Leena Patel |
318938 |
25% |
(e)
Aggregate number of shares issued as fully paid up pursuant to contract without
payment beng received in cash or by way of bonus shares during the period of
five years immediately preceding the dale of Balance Sheet,
Equity
Shares Allotted as folly paid-up pursuant to contracts for consideration offset
than cash
780046
Equity shares allotted as fully paid-up bonus shares in the ratio of 17 10 by
capitalization of security premium account amounting to Rs.0.800 Million and
general reserve amounting Rs. 7.000 Millions.
Moreover,
327750 Equity Shares out of the issued subscribed and paid of Snare Capital
were allotted as bonus shares in the ratio of 2 5 during the financial year 2009-10 by capitalization
of retained profits
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
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|
SHAREHOLDERS FUNDS |
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1] Share Capital |
12.389 |
4.588 |
4.588 |
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2] Share Application Money |
0.000 |
0.000 |
0.000 |
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3] Reserves & Surplus |
4.912 |
8.177 |
5.061 |
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4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
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NETWORTH |
17.301 |
12.765 |
9.649 |
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LOAN FUNDS |
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1] Secured Loans |
0.180 |
0.430 |
10.894 |
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2] Unsecured Loans |
8.556 |
5.057 |
7.886 |
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TOTAL BORROWING |
8.736 |
5.487 |
18.780 |
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DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
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TOTAL |
26.037 |
18.252 |
28.429 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
2.711 |
2.551 |
2.669 |
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Capital work-in-progress |
0.000 |
0.000 |
0.000 |
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INVESTMENT |
0.000 |
0.000 |
0.000 |
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DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
|
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Inventories |
4.555
|
1.131 |
28.011
|
|
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Sundry Debtors |
47.111
|
36.774 |
61.689
|
|
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Cash & Bank Balances |
28.405
|
12.703 |
10.772
|
|
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Other Current Assets |
0.591
|
0.000 |
0.000 |
|
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Loans & Advances |
6.410
|
3.042 |
4.743
|
|
Total
Current Assets |
87.072
|
53.650 |
105.215 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
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Sundry Creditors |
54.473
|
36.705 |
77.210
|
|
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Other Current Liabilities |
1.950
|
1.244 |
2.245
|
|
|
Provisions |
7.323
|
0.000 |
0.000
|
|
Total
Current Liabilities |
63.746
|
37.949 |
79.455 |
|
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Net Current Assets |
23.326
|
15.701 |
25.760
|
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MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
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|
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|
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TOTAL |
26.037 |
18.252 |
28.429 |
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PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
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SALES |
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|
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|
|
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Income |
345.157 |
289.033 |
243.986 |
|
|
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Other Income |
0.935 |
0.786 |
0.700 |
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TOTAL (A) |
346.092 |
289.819 |
244.686 |
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|
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Less |
EXPENSES |
|
|
|
|
|
|
|
Purchase of Stock-in-Trade |
292.183 |
226.473 |
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Changes in inventories of finished goods, work-in-progress and Stock-in-Trade |
(3.424) |
26.880 |
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|
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Employees Benefit expenses |
23.815 |
20.990 |
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Other expenses |
23.009 |
7.359 |
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TOTAL (B) |
335.583 |
281.702 |
238.731 |
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Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
10.509 |
8.117 |
5.955 |
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Less |
FINANCIAL
EXPENSES (D) |
3.212 |
2.383 |
1.748 |
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|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
7.297 |
5.734 |
4.207 |
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Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.462 |
0.397 |
0.159 |
|
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|
|
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|
PROFIT BEFORE
TAX (E-F) (G) |
6.835 |
5.337 |
4.048 |
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|
|
|
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Less |
TAX (H) |
2.300 |
2.221 |
1.368 |
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|
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|
|
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|
PROFIT AFTER TAX
(G-H) (I) |
4.535 |
3.116 |
2.680 |
|
|
|
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|
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|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
0.358 |
1.742 |
0.744 |
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|
|
|
|
|
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Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
NA |
4.500 |
1.682 |
|
|
|
|
|
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|
BALANCE CARRIED
TO THE B/S |
NA |
0.358 |
1.742 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
3.66 |
6.79 |
16.92 |
|
|
Particulars |
|
|
31.03.2013 |
|
Sales Turnover (Approximately) |
|
|
300.000 |
|
|
|
|
|
The above information has been parted by Mr. Mahesh Choudhary
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
1.31 |
1.08 |
1.09
|
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|
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|
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|
Net Profit Margin (PBT/Sales) |
(%) |
1.98 |
1.85 |
1.66
|
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Return on Total Assets (PBT/Total Assets} |
(%) |
7.61 |
9.50 |
3.75
|
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|
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|
Return on Investment (ROI) (PBT/Networth) |
|
0.40 |
0.42 |
0.42
|
|
|
|
|
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|
Debt Equity Ratio (Total Debt/Networth) |
|
0.54 |
0.43 |
1.95
|
|
|
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|
Current Ratio (Current Asset/Current Liability) |
|
1.37 |
1.41 |
1.32
|
LOCAL AGENCY FURTHER INFORMATION
SUNDRY CREDITORS
DETAILS:
(Rs.
In Millions)
|
Particulars |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
Sundry Creditors |
54.473
|
36.705 |
77.210
|
|
|
|
|
|
|
Total |
54.473
|
36.705 |
77.210
|
|
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 |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last four 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 |
Yes |
|
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 |
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 |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
UNSECURED LOAN
(Rs. In Millions)
|
|
As on 31.03.2012 |
As on 31.03.2011 |
|
From Director |
5.533 |
1.721 |
|
From Relatives and Friends (The company has taken unsecured loans from parties covered in the
register maintained under section 301 of the Companies Act 1956 without any condition
of repayment) |
3.023 |
3.336 |
|
|
|
|
|
Total |
8.556 |
5.057 |
Bankers Charges
Report as per Registry
|
Corporate identity
number (CIN) or foreign company registration
number of the company |
U72200GJ1996PTC029268 |
|
Name of the
company |
DATA TECH
COMPUTERS PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in India of the company |
604 Samruddhi Building, Navjivan, Ahmedabad – 380014, Gujarat, India E-mail: account@datatech.in |
|
This form is for |
Modification
of charge |
|
Charge
identification (ID) number of the charge to be modified |
10080669 |
|
Type of charge |
·
Immovable
property ·
Book
debts ·
Others
(Stock) |
|
Particular of
charge holder |
Punjab National Bank, Sola Road Branch, Near Bhuyangdev Cross Road, Ahmedabad - 380061, Gujarat, India E-mail: bo3937@pnb.co.in |
|
Nature of
instrument creating charge |
Supplemental
memorandum of deposit of title deeds dated 21.01.2012 |
|
Date of
instrument Creating the charge |
21.01.2012 |
|
Amount secured by
the charge |
Rs.40.000
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest BR + 4.50% -
0.50%, i.e 14.75% Terms of
Repayment As per Agreement Margin 25% for CC
(hypothecation Of Stocks) 40% for CC (Book
Debts) 25% for FDR Extent and
Operation of the charge The charge
modified by hypothecation of stock, book debts and immoveable property of the
company |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
Property situated
at Office No. 604, 06th Floor, Adm. 1358 sq.fts. Known as Samruddhi Building
In Girdharlal In Girdharlal Estate owners association, sub-plot no. 5+6, T.P.
scheme no.3 final Plot No. 155, Moje(Sim), Shekhpur-Khanpur, Taluka City,
Regd. District Ahmedabad. Property situated
at Plot No. 24, Plot Area 275 SQ.YARDS (229.10 SQ.MTS.) with construction
adm. about 375 sq. yards, Netra Bunglows, Netra (Memnagar) Co-Operative
Society Limited S.R. No. 118 Paiky, Final Plot No 29, Moje (Sim) Memnagar,
Taluka City, Regd District And Sub District Ahmedabad-3 Memngar. Property situated
at Flat No. 6/64, Adm. About 87.83 Sq. Mts., Suramya Apartment, Gujarat
Housing Board, Survey No 145, T.P Scheme No. 29, Final Plot No. 350, Moje
(Sim) Vadaj, Taluka City Property Situated
plot no. 013, adm. about 32.702 sq.mts. (352 sq.fts) with undivided share
adm. about 16.39 sq.mts. in Land, Ground Floor, Samruddhi Building, Siddhi
Estate Owners Association, T.P. Scheme No.
3(varied), final Plot No. 155/6 Paiky, Moje (Sim), Shekhpur-Khanpur, Taluka
City, Regd. District Ahmedabad Hypothecation of
book debts and stocks of the company |
|
Particulars of
the present modification |
The charge amount
is now increased from Rs. 25.000 Millions to Rs.40.000 Millions upon enhanced
in limit under letter of guarantee from Rs. 10.000 Millions to Rs. 20.000
Millions and enhanced cash credit hypothecation of stock and book debts limit
upto Rs. 15.000 Millions to Rs. 20.000 Millions. |
FIXED ASSETS:
- Air Conditioner
- Office Machinery
- Furniture and Fixture
- Vehicle
- Computer
- Mobile Phone
- Freeze
- R O System
- LCD TV
- Water Purifier
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.56.64 |
|
|
1 |
Rs.86.69 |
|
Euro |
1 |
Rs.73.97 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Report Prepared
by : |
VRN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
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 |
|
39 |
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.