1. Summary Information
|
|
|
Country |
India |
|
Company Name |
SG Enterprises and Equipments Private Limited |
Principal Name 1 |
Mr. Sourabh Tyagi |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Gaurav Gupta |
|
|
|
Registration # |
09-193033 |
|
Street Address |
House No.139, 1st Floor, Holambi Kalan, New Delhi- 110082,
India |
||
|
Established Date |
10.08.2009 |
SIC Code |
-- |
|
Telephone# |
Not Available |
Business Style 1 |
Trader |
|
Fax # |
Not Available |
Business Style 2 |
Exporter |
|
Homepage |
Product Name 1 |
Construction Machinery |
|
|
# of employees |
Not Available |
Product Name 2 |
-- |
|
Paid up capital |
Rs.100,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or relatives of directors
(100 %) |
Banking |
ING Vysya Bank Limited |
|
Public Limited Corp. |
No |
Business Period |
4 years |
|
IPO |
No |
International Ins. |
-- |
|
Public |
No |
Rating |
Ba (45) |
|
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 |
22,572,000 |
Current Liabilities |
41,272,000 |
|
Inventories |
25,667,000 |
Long-term Liabilities |
2,998,000 |
|
Fixed Assets |
5,342,000 |
Other Liabilities |
3,749,000 |
|
Deferred Assets |
64,000 |
Total Liabilities |
48,019,000 |
|
Invest& other Assets |
0,000 |
Retained Earnings |
5,526,000 |
|
|
|
Net Worth |
5,626,000 |
|
Total Assets |
53,645,000 |
Total Liab. & Equity |
53,645,000 |
|
Total Assets (Previous Year) |
19,155,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
96,839,000 |
Net Profit |
3,444,000 |
|
Sales(Previous yr) |
67,313,000 |
Net Profit(Prev.yr) |
2,221,000 |
MIRA
INFORM REPORT
|
Report Date : |
13.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
SG ENTERPRISES AND EQUIPMENTS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
House No.139, 1st Floor, Holambi Kalan, New Delhi – 110082 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
10.08.2009 |
|
|
|
|
Com. Reg. No.: |
09-193033 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.0.100
Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51909DL2009PTC193033 |
|
|
|
|
Legal Form : |
Private Limited Liability Company. |
|
|
|
|
Line of Business
: |
Trader, Importer and Exporter of Construction Machinery. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 22000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having
satisfactory track record. The company is progressing well. Trade relations
are reported as fair. Business is active. Payments are reported to be usually
correct and as per commitments. The company can be considered normal 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.
ECGC Country Risk Classification List – March 31st, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
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 : |
House No.139, 1st Floor, Holambi Kalan, New Delhi- 110082,
India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
B 121, Plot No. B-9/ 7A, Sector- 62, Noida, Uttar Pradesh, India |
|
Tel. No.: |
91-120-6482685/ 4283850 |
|
Fax No.: |
91-120-4542240 |
|
Area : |
1300 Sq. ft |
|
Location : |
Owned |
|
|
|
|
Branch Office : |
Located at: ·
Kolkata ·
Raipur ·
Pune ·
Jaipur ·
Mumbai |
|
|
|
|
Corporate office: |
B-109, 2nd Floor , Sector - 64, Noida - 201301, Uttar Pradesh, India |
|
Tel. No.: |
91-120-6482685 |
|
Fax No.: |
91-120-4542240 |
DIRECTORS
As on: 24.09.2012
|
Name : |
Mr. Sourabh Tyagi |
|
Designation : |
Director |
|
Address : |
Flat No. 121, Block B 1, Neelkanth Apartment, Sector 62, Near Fortis
Hospital, Noida – 201301, Uttar Pradesh, India |
|
Date of Birth/Age : |
26.01.1978 |
|
Qualification : |
Engineer, MBA |
|
Date of Appointment : |
10.08.2009 |
|
DIN No.: |
|
|
|
|
|
Name : |
Ms. Bharti Tyagi |
|
Designation : |
Director |
|
Address : |
B-121, Plot No. B-9/ 7 A, Neelkanth Apartment, Sector 62, Noida –
201301, Uttar Pradesh, India |
|
Date of Birth/Age : |
01.07.1970 |
|
Qualification : |
Lawyer |
|
Date of Appointment : |
10.08.2009 |
|
DIN No.: |
02724799 |
|
|
|
|
Name : |
Mrs. Sudha Rani Tyagi |
|
Designation : |
Director |
|
Address : |
B- 121, Plot No. B-9/ 7 A, Neelkanth Apartment, Sector 62, Noida – 201301,
Uttar Pradesh, India |
|
Date of Birth/Age : |
31.05.1943 |
|
Qualification : |
MA |
|
Date of Appointment : |
10.08.2009 |
|
DIN No.: |
02726105 |
|
|
|
|
Name : |
Mr. Gaurav Gupta |
|
Designation : |
Director |
|
Address : |
First Floor, B- 173, Sector 41, Noida- 201301, Uttar Pradesh, India |
|
Date of Birth/Age : |
01.07.1984 |
|
Qualification : |
Engineer, MBA |
|
Date of Appointment : |
10.08.2009 |
|
DIN No.: |
02726211 |
MAJOR SHAREHOLDERS
As on: 24.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Sourabh Tyagi |
|
5100 |
|
Gaurav Gupta |
|
10 |
|
Bharti Tyagi |
|
1000 |
|
Sudha Rani Tyagi |
|
3890 |
|
Total |
|
10000 |
Equity Share Break up (Percentage of Total Equity)
As on: 24.09.2012
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader, Importer and Exporter of Construction Machinery. |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Bankers : |
ING Vysya Bank Limited, A-361,Sector-19, Gautambudhnagar, Noida - 201301, Uttar Pradesh, India |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Dhingra and Juneja Chartered Accountants |
|
Address : |
13/82, LGF, Vikram Vihar, Lajpat Nagar-IV, New Delhi – 110024, India |
|
PAN No.: |
AADFD5151E |
CAPITAL STRUCTURE
As on: 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Shares |
Rs.10/- each |
Rs.1.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000 |
Equity Shares |
Rs.10/- each |
Rs.0.100
Million |
|
|
|
|
|
Reconciliation of
number of shares outstanding at the beginning and at the end of reporting
period
(Rs. In Millions)
|
Equity Share
Capital |
2012 No. of Equity Share Held |
Amount |
|
Number of Shares at the beginning of the year |
10,000 |
0.100 |
|
Add: |
- |
- |
|
Less: |
- |
- |
|
Number of Equity Shares at the end of the year |
10,000 |
0.100 |
Terms/Rights attached
to Equity Shares
The company has only one class of equity shares having the par value of Rs. 10/- each. Each holders of equity share is entiltled to one vote per share.
Shares held by
Associate Company Out of Equity shares issued by the company, shares held by
its Associates are as follows:
The company does not have any associate company
List of the
Shareholders Holding more than 5% of Equity Shares
|
|
2012 |
|
|
Name of the
Shareholder |
No. of Equity Shares Held |
Percentage of Holding(%) |
|
Sourabh Tyagi |
5,100 |
51% |
|
Sudha Rani Tyagi |
3,890 |
39% |
|
Bharti Tyagi |
1,000 |
10% |
|
|
9,990 |
100% |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
|
0.100 |
|
(b) Reserves & Surplus |
|
|
5.526 |
|
(c) Money received against share warrants |
|
|
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
|
0.000 |
|
|
|
|
|
|
(3) Non-current liabilities |
|
|
|
|
(a) long-term borrowings |
|
|
2.998 |
|
(b) Deferred tax liabilities (Net) |
|
|
0.000 |
|
(c) Other long term liabilities |
|
|
1.267 |
|
(d) long-term provisions |
|
|
0.000 |
|
|
|
|
|
|
(4) Current liabilities |
|
|
|
|
(a) Short term borrowings |
|
|
0.000 |
|
(b) Trade payables |
|
|
40.005 |
|
(c) Other current liabilities |
|
|
0.000 |
|
(d) Short-term provisions |
|
|
3.749 |
|
TOTAL |
|
|
53.645 |
|
|
|
|
|
|
II. ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
|
5.342 |
|
(ii) Intangible Assets |
|
|
0.000 |
|
(iii) Capital work-in-progress |
|
|
0.000 |
|
(iv) Intangible assets under development |
|
|
0.000 |
|
(b) Non-current Investments |
|
|
0.000 |
|
(c) Deferred tax assets (net) |
|
|
0.064 |
|
(d) Long-term Loan and Advances |
|
|
0.000 |
|
(e) Other Non-current assets |
|
|
0.212 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
|
0.000 |
|
(b) Inventories |
|
|
25.667 |
|
(c) Trade receivables |
|
|
14.801 |
|
(d) Cash and cash equivalents |
|
|
7.394 |
|
(e) Short-term loans and advances |
|
|
0.000 |
|
(f) Other current assets |
|
|
0.165 |
|
TOTAL |
|
|
53.645 |
|
SOURCES OF FUNDS |
|
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
0.100 |
0.100 |
|
|
2] Share Application Money |
|
1.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
2.635 |
0.414 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
3.735 |
0.514 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
1.204 |
0.441 |
|
|
2] Unsecured Loans |
|
0.977 |
1.277 |
|
|
TOTAL BORROWING |
|
2.181 |
1.718 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.034 |
|
|
|
|
|
|
|
|
TOTAL |
|
5.916 |
2.266 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
2.505 |
1.199 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
|
0.020 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
8.083
|
1.814 |
|
|
Sundry Debtors |
|
5.361
|
1.361 |
|
|
Cash & Bank Balances |
|
2.410
|
0.533 |
|
|
Other Current Assets |
|
0.000
|
0.000 |
|
|
Loans, Advances & Deposits |
|
0.746
|
0.174 |
|
Total
Current Assets |
|
16.600
|
3.882 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditor |
|
12.205
|
1.532 |
|
|
Other Current Liabilities |
|
0.415
|
0.240 |
|
|
Provisions |
|
0.619
|
1.083 |
|
Total
Current Liabilities |
|
13.239
|
2.855 |
|
|
Net Current Assets |
|
3.361
|
1.027 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.030 |
0.040 |
|
|
|
|
|
|
|
|
TOTAL |
|
5.916 |
2.266 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
96.839 |
67.313 |
13.406 |
|
|
|
Other Income |
0.618 |
0.050 |
0.005 |
|
|
|
TOTAL (A) |
97.457 |
67.363 |
13.411 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
-- |
52.130 |
9.792 |
|
|
|
Cost of Material Consumed |
69.056 |
-- |
-- |
|
|
|
Personnel Expenses |
-- |
4.205 |
1.547 |
|
|
|
Employee Benefit Expenses |
6.643 |
-- |
-- |
|
|
|
Administrative and Other Expenses |
-- |
7.796 |
1.287 |
|
|
|
Other Expenses |
15.321 |
-- |
-- |
|
|
|
Preliminary Expenses |
-- |
0.010 |
0.010 |
|
|
|
TOTAL (B) |
91.020 |
64.141 |
12.636 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
6.437 |
3.222 |
0.775 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.282 |
0.155 |
0.054 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
6.155 |
3.067 |
0.721 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
1.168 |
0.659 |
0.122 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
4.987 |
2.408 |
0.599 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
1.543 |
0.187 |
0.185 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
3.444 |
2.221 |
0.414 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
344.00 |
222.10 |
41.40 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
3.53
|
3.30 |
3.09 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
5.15
|
3.58 |
4.47 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
9.31
|
12.60 |
11.79 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.89
|
0.64 |
1.17 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.76
|
0.58 |
3.34 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.10
|
1.25 |
1.36 |
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) |
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 |
Yes |
UNSECURED LOAN:
(Rs. In Millions)
|
Particulars |
As
on 31.03.2012 |
As
on 31.03.2011 |
|
LONG TERM
BORROWINGS |
|
|
|
Loan From Directors |
|
|
|
Gaurav Gupta |
0.233 |
0.977 |
|
Sourabh Tyagi |
0.227 |
|
|
Sudha Rani Tyagi |
0.000 |
|
|
Total |
0.460 |
0.977 |
BANKERS CHARGES
REPORT AS PER REGISTRY:
|
Corporate
identity number of the company |
U51909DL2009PTC193033 |
|
Name of the
company |
SG ENTERPRISES
AND EQUIPMENTS PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
House No 139, First Floor Holambi Kalan, Delhi – 110082, India |
|
This form is for |
Creation of charge |
|
Type of charge |
· Book debts · Floating charge · Others |
|
Particular of
charge holder |
ING Vysya Bank Limited, A-361, Sector-19, Gautam Budh Nagar, Noida - 201301, Uttar Pradesh, India CIN No.: L85110KA1930PLC000124 |
|
Nature of
instrument creating charge |
Facility Cum
Hypothecation Agreement. |
|
Date of
instrument Creating the charge |
30.10.2012 |
|
Amount secured by
the charge |
Rs.5.000 Millions
|
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest SOD : IVBR+3.05% Terms of Repayment SOD : On Demand Margin SOD : 125% of
collateral Extent and Operation of the charge First charge on
the stocks and book debts of the company from time to time. Others Nil |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
·
All
kinds of Rock Breakers and its spare parts which are already stored and to be
stored from time to time in that shop premises bearing B-109,2nd Floor
Sector-64, Noida, UP. ·
All
the book debts of the company from time to time. |
FIXED ASSETS:
·
Mobile Phones
·
Computers
·
Furniture and Fixtures
·
Air Conditioner
·
Office Equipments
·
Vehicle
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.58.27 |
|
|
1 |
Rs.91.16 |
|
Euro |
1 |
Rs.77.50 |
INFORMATION DETAILS
|
Report Prepared
by : |
RAJ |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
|
45 |
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.