1. Summary Information
|
|
|
Country |
|
|
Company Name |
D S ALLOYD
PRIVATE LIMITED |
Principal Name 1 |
Mr. Raj Kumar Goel |
|
Status |
Moderate |
Principal Name 2 |
Mrs. Ashwani Jindal |
|
|
|
Registration # |
55-115885 |
|
Street Address |
AN-2, Shalimar
Bagh, Delhi-110 088, |
||
|
Established Date |
20.06.2002 |
SIC Code |
-- |
|
Telephone# |
91-11-27472680/ 27478234 |
Business Style 1 |
Manufacturer |
|
Fax # |
91-11-27472680 |
Business Style 2 |
Exporter |
|
Homepage |
Product Name 1 |
Ferro Alloys |
|
|
# of employees |
Not Available |
Product Name 2 |
Ferrous |
|
Paid up capital |
Rs. 40,875,000
/- |
Product Name 3 |
Non-ferrous Metals |
|
Shareholders |
Bodies corporate - 76.00% Directors or relatives of Directors - 24.00% |
Banking |
State Bank of |
|
Public Limited Corp. |
No |
Business Period |
11 Years |
|
IPO |
No |
International Ins. |
-- |
|
Public |
No |
Rating |
B
(36) |
|
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 |
185,385,000 |
Current Liabilities |
155,387,000 |
|
Inventories |
187,689,000 |
Long-term Liabilities |
150,855,000 |
|
Fixed Assets |
61,399,000 |
Other Liabilities |
3,143,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
309,385,000 |
|
Invest& other Assets |
10,643,000 |
Retained Earnings |
94,856,000 |
|
|
|
Net Worth |
135,731,000 |
|
Total Assets |
445,116,000 |
Total Liab. & Equity |
445,116,000 |
|
Total Assets (Previous Year) |
414,315,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Other Income |
958,911,000 |
Net Profit |
1,343,000 |
|
Other Income (Previous yr) |
961,681,000 |
Net Profit(Prev.yr) |
7,141,000 |
MIRA
INFORM REPORT
|
Report Date : |
18.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
D S ALLOYD PRIVATE LIMITED (w.e.f. 19.04.2011) |
|
|
|
|
Formerly Known
As : |
D S ALLOYS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
AN-2, Shalimar Bagh, Delhi-110 088 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
20.06.2002 |
|
|
|
|
Com. Reg. No.: |
55-115885 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 40.875 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U27109DL2002PTC115885 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELD05467A |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Ferro Alloys, Ferrous and Non-ferrous
Metals. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (36) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 540000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a moderate track record. The
profitability of the company seems to be low. However, networth of the company seems to be strong. Trade relations
are reported to be fair. Business is active. Payments are reported to be 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 – 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 / Head Office : |
AN-2, Shalimar Bagh, Delhi-110 088, |
|
Tel. No.: |
91-11-27472680/ 27478234 |
|
Fax No.: |
91-11-27472680 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Factory : |
C – 235, MIDC Industrial Area, Butibori, |
DIRECTORS
As on 28.09.2012
|
Name : |
Mr. Raj Kumar Goel |
|
Designation : |
Director |
|
Address : |
BN 12, Shalimar Bagh, Delhi-110 088, |
|
Date of Birth/Age : |
03.04.1966 |
|
Date of Appointment : |
20.06.2002 |
|
DIN No.: |
00006610 |
|
|
|
|
Name : |
Mrs. Ashwani Jindal |
|
Designation : |
Director |
|
Address : |
185, M P Enclave, Pitampura, |
|
Date of Birth/Age : |
12.07.1968 |
|
Date of Appointment : |
29.04.2006 |
|
DIN No.: |
00166723 |
|
|
|
|
Name : |
Mr. Hanuman Prasad Mittal |
|
Designation : |
Director |
|
Address : |
Flat No.723, Neelkanth Apartments, Sector – 13, Rohini, |
|
Date of Birth/Age : |
28.02.1961 |
|
Date of Resignation : |
30.09.2010 |
|
DIN No.: |
00006619 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 28.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Raj Kumar Goel |
|
712000 |
|
MPG International Private Limited, India |
|
452000 |
|
M.P. Goel |
|
50000 |
|
R.K. Goel (HUF) |
|
32000 |
|
Meenakshi Goel |
|
58000 |
|
Jindal Nickle and Alloys Limited, India |
|
978000 |
|
Ashwani Jindal |
|
24000 |
|
Jindal Capfin Private Limited, India |
|
516250 |
|
Ujala Jindal |
|
105000 |
|
RMI Metal Private Limited, India |
|
1014000 |
|
Ujala Stainless Private Limited, India |
|
146250 |
|
Total |
|
4087500 |
As on 28.09.2012
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Bodies corporate |
76.00 |
|
Directors or relatives of Directors |
24.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Ferro Alloys, Ferrous and Non-ferrous
Metals. |
|
|
|
|
Products : |
|
PRODUCTION STATUS (As on 31.03.2011)
|
Particulars |
Unit |
Actual
Production |
|
Aluminium Shot and Notch Bar |
Kg. |
69474 |
|
Ferro Molybdenum |
Kg. |
391200 |
|
Ferro Manganese |
Kg. |
4548400 |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
|
|
|
|
Bankers : |
|
|
|
|
|
Banking
Relations : |
|
|
|
|
|
Auditors : |
|
|
Name : |
M.K. Nagpal and Associates Chartered Accountants |
|
Address : |
14, M C Market, Sonepat – 131 001, |
|
PAN No.: |
ABMPN7630C |
CAPITAL STRUCTURE
As on 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4087500 |
Equity Shares |
Rs.10/- each |
Rs.40.875
Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
40.875 |
40.875 |
|
(b) Reserves & Surplus |
|
94.856 |
93.514 |
|
(c) Money received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
|
|
|
|
|
(3) Non-current liabilities |
|
|
|
|
(a) long-term borrowings |
|
11.817 |
18.262 |
|
(b) Deferred tax liabilities (Net) |
|
1.143 |
0.000 |
|
(c) Other long term liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current liabilities |
|
|
|
|
(a) Short term borrowings |
|
139.038 |
131.077 |
|
(b) Trade payables |
|
143.297 |
110.767 |
|
(c) Other current liabilities |
|
12.090 |
18.105 |
|
(d) Short-term provisions |
|
2.000 |
1.715 |
|
TOTAL |
|
445.116 |
414.315 |
|
|
|
|
|
|
II. ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
61.399 |
67.274 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
|
0.000 |
0.598 |
|
(iv) Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
10.643 |
10.643 |
|
(c) Deferred tax assets (net) |
|
0.000 |
1.301 |
|
(d) Long-term Loan and Advances |
|
0.487 |
0.611 |
|
(e) Other Non-current assets |
|
0.026 |
0.052 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
187.689 |
154.832 |
|
(c) Trade receivables |
|
139.998 |
101.751 |
|
(d) Cash and cash equivalents |
|
21.420 |
22.058 |
|
(e) Short-term loans and advances |
|
12.618 |
7.630 |
|
(f) Other current assets |
|
10.836 |
47.565 |
|
TOTAL |
|
445.116 |
414.315 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
40.875 |
|
|
2] Share Application Money |
|
|
13.050 |
|
|
3] Reserves & Surplus |
|
|
86.373 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
140.298 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
114.008 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
114.008 |
|
|
DEFERRED TAX LIABILITIES |
|
|
1.120 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
255.426 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
54.777 |
|
|
Capital work-in-progress |
|
|
15.924 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
10.643 |
|
|
DEFERREX TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
128.097 |
|
|
Sundry Debtors |
|
|
95.590 |
|
|
Cash & Bank Balances |
|
|
23.179 |
|
|
Other Current Assets |
|
|
0.000 |
|
|
Loans & Advances |
|
|
26.567 |
|
Total
Current Assets |
|
|
273.433 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
89.254 |
|
|
Other Current Liabilities |
|
|
8.555 |
|
|
Provisions |
|
|
1.620 |
|
Total
Current Liabilities |
|
|
99.429 |
|
|
Net Current Assets |
|
|
174.004 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.078 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
255.426 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
958.911 |
941.342 |
632.482 |
|
|
|
Other Income |
|
20.339 |
1.580 |
|
|
|
TOTAL |
958.911 |
961.681 |
634.062 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
945.310 |
947.635 |
NA |
|
|
|
Advertising Expenses |
|
|
|
|
|
|
Financial Expenses |
|
|
|
|
|
|
TOTAL |
945.310 |
947.635 |
NA |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
13.601 |
14.046 |
NA |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
7.795 |
7.614 |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
5.806 |
6.432 |
NA |
|
|
|
|
|
|
|
|
|
Less |
TAX |
4.463 |
0.709 |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
1.343 |
7.141 |
4.628 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
14.176 |
7.575 |
2.947 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
15.519 |
14.176 |
7.575 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings |
87.226 |
406.822 |
110.699 |
|
|
TOTAL EARNINGS |
87.226 |
406.822 |
110.699 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
0.33 |
1.75 |
NA |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.14
|
0.74 |
0.73 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
0.68 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
1.34
|
160 |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
0.05 |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.11
|
1.11 |
0.81 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.22
|
1.25 |
2.75 |
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 |
No |
Note:
The registered office of the company has been shifted from M-10, Munish
Plaza, 20, Ansari Road, Darya Ganj, Delhi – 110 002 to the present address
w.e.f. 12.07.2006.
BANKERS CHARGES
REPORT AS PER REGISTRY
|
Corporate
identity number of the company |
U27109DL2002PTC115885 |
|
Name of the
company |
D S ALLOYD
PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
AN-2, Shalimar Bagh, Delhi-110 088, India |
|
This form is for |
Modification of charge |
|
Charge
identification (ID) number of the charge to be modified |
10207467 |
|
Type of charge |
Others (Corporate Guarantee) |
|
Particular of
charge holder |
State Bank of India, Wazirpur Industrial Estate, New Delhi – 110 052,
India |
|
Nature of
instrument creating charge |
Supplement Deed
of Guarantee for Increase in Overall Limit of Rs. 298.500 Millions to secure
the Credit Facilities availed by Akshit Enterprises Private Limited dated
14.01.2013 |
|
Date of
instrument Creating the charge |
14.01.2013 |
|
Amount secured by
the charge |
Rs.298.500
Millions |
|
Brief of the
principal terms an conditions and extent and operation of the charge |
Rate of Interest As per Agreement Terms of Repayment As per Agreement Margin As per Agreement Extent and Operation of the charge Full ie 100% Others Details of
Sanctioned Credit Facilities:-Total of Rs. 298.500 (Rs. in Millions) FB-Rs.172.000 WC(hyp. of Stock
and Book Debts) 110.000 Stand by
LC(Working Capital) 16.500 SME Car Loan 0.400* Term Loan 15.100* Discounting of
Bills under LC 30.000 NFB- Rs.126.500 LC(Inland/import)/Buyers
Credit 110.000 Stand by
LC(LC/BC) 16.500 |
|
Short particulars
of the property or asset(s) charged (including complete address and location
of the property) |
Corporate Guarantee given by subject in the favour of bank to secure credit Facilities availed by Akshit Enterprises Private Limited. |
|
Particulars of
the present modification |
Overall Limits increase
from Rs.194.900 Millions to Rs.298.500 Millions |
FIXED ASSETS:
- Land
- Plant and
Machinery
- Furniture and
Fixture
- Air
Conditioner
- Electric
Fitting
- Generators
- Weight and
Measurements
- Car
- Computer
- Scooter
- Office
Appliances
- Fire Fighting
Equipment
- Land
(Leasehold)
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.76.96 |
INFORMATION DETAILS
|
Report Prepared
by : |
NTH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
4 |
|
--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 |
|
36 |
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 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.