MIRA INFORM REPORT

 

 

Report Date :

20.06.2013

 

IDENTIFICATION DETAILS

 

Name :

APOLLO HEALTHCARE TECHNOLOGY SOLUTIONS LIMITED

 

 

Registered Office :

19, Bishop Gardens, R A Puram, Chennai – 600028, Tamilnadu

 

 

Country :

India

 

 

Date of Incorporation :

11.06.2012

 

 

Com. Reg. No.:

086247

 

 

Capital Investment / Paid-up Capital :

Rs. 0.500 Million

 

 

CIN No.:

[Company Identification No.]

U85100TN2012PLC086247

 

 

Legal Form :

A Closely Held Public Limited Liability Company

 

 

Line of Business :

Providing all types of healthcare services.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

-

NB

                                       New Business

-

 

Status :

New Business

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Even thought the company was incorporated during June 11, 2012, it has not yet commenced its business activity.

 

MR. S.M. Krishnan, Company Secretary confirmed that the business activity will start after 3 to 4 years due to some payment problem.

 

No other detail could be made available. Payment terms are unknown.

 

The company can be considered for business dealing only on a safe and secured trade term 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.

 

 

INFORMATION DECLINED BY

 

Name :

Mr. S.M Krishnan

Designation :

Company Secretary

Contact No.:

91-9841128277

Date :

15.06.2013

 

 

LOCATIONS

 

Registered Office :

19, Bishop Gardens, R A Puram, Chennai – 600028, Tamilnadu, India

Tel. No.:

Not Available

Mobile No.:

91-9841128277 (Mr. S.M Krishnan)

Fax No.:

Not Available

E-Mail :

apolloshares@vsnl.net

 

 

DIRECTORS

 

Name :

Mr. Preetha Reddy

Designation :

Director

Address :

No. 5, Subba Rao Avenue II Street, Nungambakkam, Chennai – 600006, Tamilnadu, India

Date of Birth/Age :

28.10.1957

Date of Appointment :

11.06.2012

DIN No.:

00001871

Other Directorship:

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U65993TN1985PTC011749

PREETHA INVESTMENTS PRIVATE LIMITED

Director

12/04/1985

12/04/1985

-

Active

NO

2

L85110TN1979PLC008035

APOLLO HOSPITALS ENTERPRISE LIMITED

Managing director

03/02/2011

03/02/1993

-

Active

NO

3

U65993TN1994PTC029396

PPN HOLDINGS PRIVATE LIMITED

Director

02/12/1994

02/12/1994

-

Active

NO

4

U85110TN1986PLC072193

APOLLO NELLORE HOSPITAL LIMITED

Director

04/03/1997

04/03/1997

-

Active

NO

5

U85110TN1997PLC039016

APOLLO HOSPITALS INTERNATIONAL LIMITED

Director

12/09/1997

12/09/1997

-

Active

NO

6

L72300TN1998PLC041360

APOLLO SINDOORI HOTELS LIMITED

Director

13/11/1998

13/11/1998

12/04/2010

Active

NO

7

U65993TN1985PTC011751

PDR INVESTMENTS PRIVATE LIMITED

Director

01/02/1999

01/02/1999

04/09/2009

Active

NO

8

U85110TN1999PLC042912

LIFETIME WELLNESS RX INTERNATIONAL LIMITED

Director

23/07/1999

23/07/1999

-

Active

NO

9

U40101TN1999PTC043072

PPN POWER GENERATION (UNIT-II) PRIVATE LIMITED

Director

27/08/1999

27/08/1999

-

Active

NO

10

U92199AP2000PTC035641

TRAC INDIA PRIVATE LIMITED

Director

09/11/2000

09/11/2000

-

Active

NO

11

U85320TN1974PLC006623

A.B.MEDICAL CENTRES LIMITED

Director

19/07/2001

19/07/2001

-

Active

NO

12

U33112WB1988PLC045223

APOLLO GLENEAGLES HOSPITAL LIMITED

Nominee director

26/08/2002

26/08/2002

-

Active

NO

13

U85110TN2004PTC052796

APOLLO GLENEAGLES PET-CT Private LIMITED

Director

24/03/2004

24/03/2004

-

Active

NO

14

U65993TN1996PLC036644

PCR INVESTMENTS LIMITED

Director

14/09/2004

14/09/2004

02/01/2012

Active

NO

15

U40101TN1994PTC027477

PPN POWER GENERATING COMPANY PRIVATE LIMITED

Director

29/09/2004

29/09/2004

-

Active

NO

16

U65999TN2005PTC055168

PPN HOLDINGS (ALFA) PRIVATE LIMITED

Director

18/01/2005

18/01/2005

-

Active

NO

17

U85110AP2003PLC040647

SAMUDRA HEALTH CARE ENTERPRISES LIMITED

Director

29/11/2005

29/11/2005

-

Active

NO

18

U85110KA1991PLC011781

IMPERIAL HOSPITAL AND RESEARCH CENTRE LIMITED

Nominee director

18/01/2006

18/01/2006

-

Active

NO

19

U85110TN2006PLC061112

APOLLO CLINICAL EXCELLENCE SOLUTIONS LIMITED

Director

14/09/2006

14/09/2006

-

Active

NO

20

U85110TN2006PLC061114

INDIAN HOSPITALS CORPORATION LIMITED

Director

20/03/2010

14/09/2006

-

Active

NO

21

U85110TN1997PLC037382

APOLLO MUMBAI HOSPITAL LIMITED

Whole-time director

22/09/2006

22/09/2006

-

Active

NO

22

U85110TN2006PTC061323

WESTERN HOSPITALS CORPORATION PRIVATE LIMITED

Alternate director

16/06/2007

16/06/2007

-

Active

NO

23

U85110TN2007PLC065705

APOLLO REACH HOSPITALS ENTERPRISES LIMITED

Director

12/12/2007

12/12/2007

-

Active

NO

24

U85100GJ2008FTC052859

STEMCYTE INDIA THERAPEUTICS PRIVATE LIMITED

Director

07/08/2009

13/06/2008

-

Active

NO

25

U85110AP2011PTC076813

AMG HEALTHCARE DESTINATION PRIVATE LIMITED

Director

25/09/2012

20/02/2012

-

Active

NO

26

U85100TN2012PLC086247

APOLLO HEALTHCARE TECHNOLOGY SOLUTIONS LIMITED

Director

11/06/2012

11/06/2012

-

Active

NO

 

Name :

Mr. Karthik Anand

Designation :

Director

Address :

No.6, 2nd Street Subba rao Avenue, Thousand Lights, Chennai – 600006, Tamilnadu, India

Date of Birth/Age :

29.09.1983

Date of Appointment :

11.06.2012

DIN No.:

02354216

Other Directorship:

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U45200TN2008PTC069677

PVKH INFRASTRUCTURE PRIVATE LIMITED

Director

28/10/2008

28/10/2008

-

Under Process of Striking off

NO

2

U65191TN1996PTC036440

APOLLO INFRASTRUCTURE PROJECTS FINANCE COMPANY PRIVATE LIMITED

Managing director

27/05/2011

08/12/2008

-

Active

NO

3

U45203TN2009PTC070421

KHV TOLLWAYS PRIVATE LIMITED

Director

09/01/2009

09/01/2009

-

Under Process of Striking off

NO

4

U40101TN1994PTC027477

PPN POWER GENERATING COMPANY PRIVATE LIMITED

Managing director

20/03/2013

29/01/2009

-

Active

NO

5

L29142TN1982PLC009560

PANASONIC CARBON INDIA CO. LIMITED

Director

20/07/2011

23/07/2010

31/07/2012

Active

NO

6

U45200TN2011PLC082374

APOLLO EDUCATIONAL INFRASTRUCTURE SERVICES LIMITED

Director

16/09/2011

16/09/2011

-

Active

NO

7

U93090TN2011PLC082521

APOLLO MED SKILLS LIMITED

Director

27/09/2011

27/09/2011

-

Active

NO

8

U85100TN2012PLC086247

APOLLO HEALTHCARE TECHNOLOGY SOLUTIONS LIMITED

Director

11/06/2012

11/06/2012

-

Active

NO

 

Name :

Mr. Pottipati Sindoori Reddy

Designation :

Director

Address :

6 (Old No. 5), Second Street, Subbarao Avenue, Nungambakkam, Chennai – 600006, Tamilnadu, India

Date of Birth/Age :

27.05.1982

Date of Appointment :

11.06.2012

DIN No.:

00278040

Other Directorship:

 

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U65910TN1991PTC020604

KALPATHARU INFRASTRUCTURE DEVELOPMENT COMPANY PRIVATE LIMITED

Director

22/02/2001

22/02/2001

-

Active

NO

2

U65993TN1985PTC011751

PDR INVESTMENTS PRIVATE LIMITED

Director

05/12/2002

05/12/2002

-

Active

NO

3

U74999TN2005PTC055440

ACCESS HEALTH PRIVATE LIMITED

Director

21/02/2005

21/02/2005

-

Strike off

NO

4

L72300TN1998PLC041360

APOLLO SINDOORI HOTELS LIMITED

Director

14/02/2011

24/07/2006

-

Active

NO

5

U40104TN2007PTC064188

THARANI ENERGY INDIA PRIVATE LIMITED

Director

05/07/2007

05/07/2007

-

Active

NO

6

U45203TN2007PTC064182

SINDOORI INFRASTRUCTURE PRIVATE LIMITED

Director

05/07/2007

05/07/2007

-

Active

NO

7

U85100TN2007PTC064527

FABER SINDOORI MANAGEMENT SERVICES PRIVATE LIMITED

Director

27/08/2007

27/08/2007

-

Active

NO

8

U85110TN2008PLC068161

ALLIANCE MEDICORP (INDIA) LIMITED

Director

12/06/2008

12/06/2008

-

Active

NO

9

U45400TN2008PTC070143

SINDYA PROPERTIES PRIVATE LIMITED

Director

12/12/2008

12/12/2008

-

Active

NO

10

U29253TN2010PTC076675

GREENBUILD ENERGY SAVING SYSTEMS INDIA PRIVATE LIMITED

Director

21/07/2010

21/07/2010

-

Active

NO

11

U29191TN2009PTC072485

GEOTHERMAL COOLING SYSTEMS PRIVATE LIMITED

Additional director

06/10/2010

06/10/2010

19/03/2013

Active

NO

12

U67120TN2006PTC058605

SINDYA SECURITIES AND INVESTMENTS PRIVATE LIMITED

Director

24/01/2011

24/01/2011

-

Active

NO

13

U45200TN2011PLC082374

APOLLO EDUCATIONAL INFRASTRUCTURE SERVICES LIMITED

Director

16/09/2011

16/09/2011

-

Active

NO

14

U45201TN1981PTC008782

KALPATHARU ENTERPRISES PRIVATE LIMITED

Director

31/03/2012

31/03/2012

-

Active

NO

15

U85100TN2012PLC086247

APOLLO HEALTHCARE TECHNOLOGY SOLUTIONS LIMITED

Director

11/06/2012

11/06/2012

-

Active

NO

 

 

KEY EXECUTIVES

 

Name :

Mr. S.M Krishnan

Designation :

Company Secretary

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 04.06.2012

 

Names of Shareholders

 

No. of Shares

Preetha Reddy

 

16600

Karthik Anand

 

16500

Sangita Reddy

 

16500

S M Mohan Kumar

 

100

R Ramaprasad

 

100

V Subramanim

 

100

Sri Kanth

 

100

 

 

 

Total

 

50000

 

 

BUSINESS DETAILS

 

Line of Business :

Providing all types of healthcare services.

 

GENERAL INFORMATION

 

No. of Employees :

Not Available

 

 

Bankers :

Not Available

 

 

Facilities :

--

 

 

 

Banking Relations :

--

 

 

Auditors :

Not Available

 

 

CAPITAL STRUCTURE

 

As on 31.03.2012

 

Authorised Capital : Rs.

No. of Shares

Type

Value

Amount

 

 

 

 

50000

Equity Shares

Rs.10/- each

Rs. 0.500 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

50000

Equity Shares

Rs.10/- each

Rs. 0.500 Million

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

NEW BUSINESS

 

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

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

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

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, India Prisons Service, Interpol, etc.

 

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.58.74

UK Pound

1

Rs.91.99

Euro

1

Rs.78.70

 

 

INFORMATION DETAILS

 

Information Gathered by :

SVA

 

 

Report Prepared by :

KVT

 


 

 

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

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.