1. Summary Information
|
Country |
|
||
|
Company Name |
ANTOLIN KASAI
TEK CHENNAI PRIVATE LIMITED |
Principal Name 1 |
Mr. Fumihiko Tsukioka |
|
Status |
Recently commence business activity |
Principal Name 2 |
Mr. Koji Hori |
|
Registration # |
18-084617 |
||
|
Street Address |
Survey No. 463/2A to 2E, Panayur to Palur Main road, Sriperurmbadur –
603204, |
||
|
Established Date |
23.02.2012 |
SIC Code |
-- |
|
Telephone# |
91-44-67128182 |
Business Style 1 |
Manufacturer |
|
Fax # |
91-44-67128187 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Door Panel Automobile Inter Accessories |
|
|
# of employees |
10
(Approximately) |
Product Name 2 |
-- |
|
Paid up capital |
Rs. 450,000,000/- |
Product Name 3 |
-- |
|
Shareholders |
-- |
Banking |
Bank of |
|
Public Limited Corp. |
-- |
Business Period |
1 Year |
|
IPO |
--- |
International Ins. |
- |
|
Public |
--- |
Rating |
B
(27) |
|
Related
Company |
|||
|
Relation
-- |
Country
-- |
Company
Name |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
-- |
Current Liabilities |
-- |
|
Inventories |
-- |
Long-term Liabilities |
-- |
|
Fixed Assets |
-- |
Other Liabilities |
-- |
|
Deferred Assets |
-- |
Total Liabilities |
-- |
|
Invest& other Assets |
-- |
Retained Earnings |
-- |
|
|
|
Net Worth |
-- |
|
Total Assets |
-- |
Total Liab. & Equity |
-- |
|
Total Assets (Previous Year) |
-- |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
-- |
Net Profit |
-- |
|
Sales(Previous yr) |
-- |
Net Profit(Prev.yr) |
-- |
|
Report Date : |
18.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
ANTOLIN KASAI TEK CHENNAI PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Survey No. 463/2A to 2E, Panayur to Palur Main road, Nera Panayur, |
|
|
|
|
Country : |
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|
|
|
|
Date of
Incorporation : |
23.02.2012 |
|
|
|
|
Com. Reg. No.: |
18-084617 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 450.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U35990TN2012PTC084617 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Door Panel Automobile Inter Accessories. |
|
|
|
|
No. of Employees
: |
10 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Recently commence business activity |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is 50:50 joint ventures between “KASAI KOGYO AND GROUP ANTOLIN
- IRAUSA”. Even through the company was incorporate in February 2012. It started
its commercial activity from April 2013. The company gets good financial and managerial support from its
holding companies. No financial detail is available. Payments terms are unknown. In view of experienced promoters, the company can be considered for
business dealings with some cautions. |
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) |
|
|
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.
INFORMATION PARTED BY
|
Name : |
Ms. Kalyani |
|
Designation : |
Finance Manager |
|
Contact No.: |
91-9884820472 |
|
Date : |
18.06.2013 |
LOCATIONS
|
Registered Office / Factory : |
Survey No. 463/2A to 2E, Panayur to Palur Main road, Nera Panayur, |
|
Tel. No.: |
91-44-67128182 |
|
Mobile No.: |
91-9884820472 (Ms. Kalyani) |
|
Fax No.: |
91-44-67128187 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
DIRECTORS
|
Name : |
Mr. Fumihiko Tsukioka |
|
Designation : |
Director |
|
Address : |
3-6-13 Nakazato, Kita Ku, |
|
Date of Birth/Age : |
12.09.1957 |
|
Date of Appointment : |
23.03.2012 |
|
|
|
|
Name : |
Mr. Koji Hori |
|
Designation : |
Director |
|
Address : |
3-12-21 Daigiri Fujisawa-Shi Kanagawa
2510002 |
|
Date of Birth/Age : |
24.01.1953 |
|
Date of Appointment : |
23.03.2012 |
|
|
|
|
Name : |
Mr. Pablo Munoz Baroja Pagola |
|
Designation : |
Director |
|
Address : |
Paseo Miqueletes 1, 1, 3 C, 20008 |
|
Date of Birth/Age : |
19.09.1969 |
|
Date of Appointment : |
23.03.2012 |
|
|
|
|
Name : |
Mr. Ernesto Antolin Arribas |
|
Designation : |
Director |
|
Address : |
C/Vitoria 8 2-C |
|
Date of Birth/Age : |
06.11.1964 |
|
Date of Appointment : |
23.03.2012 |
|
|
|
|
Name : |
Mr. Ramasundaram Krishnan |
|
Designation : |
Director |
|
Address : |
No 2 Southern Shelters, |
|
Date of Birth/Age : |
21.05.1964 |
|
|
|
|
Name : |
Mr. Kazuhiro Kobayashi |
|
Designation : |
Director |
|
Address : |
Chigasaki Parkhomes 5-22-107 Chigasaki 2 Chigasaki Shi Kanagawa 2530041 |
|
Date of Birth/Age : |
08.11.1963 |
KEY EXECUTIVES
|
Name : |
Ms. Kalyani |
|
Designation : |
Finance Manager |
MAJOR SHAREHOLDERS
As on 23.02.2012
|
Names of Shareholders |
|
No. of Shares |
|
Kasai Kogyo Company Limited, |
|
7500000 |
|
Ramasundaram Krishnan |
|
7500000 |
|
Total |
|
15000000 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Door Panel Automobile Inter Accessories. |
|
|
|
|
Imports : |
|
|
Products : |
Raw Material and Machinery |
|
Countries : |
|
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Customers : |
Others |
|
|
|
|
No. of Employees : |
10 (Approximately) |
|
|
|
|
Bankers : |
Bank of |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Deloitte Haskins and Sells Chartered Accountants |
CAPITAL STRUCTURE
Authorised Capital: Rs. 700.000 Millions
Issued, Subscribed & Paid-up Capital: Rs. 450.000
Millions
FINANCIAL DATA
[all figures are
in Rupees Millions]
Not Available
NOTE: Subject has started its activity from April
2013.
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 |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
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) |
Yes |
|
21] |
Market information |
-------- |
|
22] |
Litigations that the firm
/ promoter involved in |
--------- |
|
23] |
Banking Details |
Yes |
|
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 |
Yes |
|
29] |
Last accounts filed at
ROC |
No |
|
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 |
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. 57.73 |
|
|
1 |
Rs. 90.61 |
|
Euro |
1 |
Rs. 79.96 |
INFORMATION DETAILS
|
Information Gathered
by : |
PDT |
|
|
|
|
Report Prepared
by : |
VNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
27 |
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.