|
Report Date : |
26.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
CAPITAL VENTURES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
7, Sarja Market
Complex, Village Naharpur, Sector 7, Rohini, |
|
|
|
|
Country : |
|
|
|
|
|
Date of
Incorporation : |
19.02.2013 |
|
|
|
|
Com. Reg. No.: |
55-248485 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.10.000
millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51909DL2013PTC248485 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Exporter and Importer of Personal Care Product, Homecare, Food
Products and Beverages etc. |
|
|
|
|
No. of Employees
: |
80 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (35) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was established as a partnership concern during 1999 by the
name ‘Capital Overseas’ and during February 2013 it got converted into a
private limited company. It has a moderate track record. Trade relations are fair. Business is
active. Payment terms are 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.
INFORMATION PARTED BY
|
Name : |
Mr. Sanjay Akhouri |
|
Designation : |
Export Manager |
|
Contact No.: |
91-9717619000 |
|
Date : |
24.06.2013 |
LOCATIONS
|
Registered Office : |
7, Sarja Market
Complex, Village Naharpur, Sector 7, Rohini, Delhi – 110 085, India |
|
Tel. No.: |
91-11-27040099/ 27050099 |
|
Mobile No.: |
91-9717619000 (Mr. Sanjay Akhouri) |
|
Fax No.: |
91-11-27932345 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Overseas Office : |
Located at: ·
Dubai |
DIRECTORS
|
Name : |
Mr. Vivek Kumar Aggarwal |
|
Designation : |
Director |
|
Address : |
D-95, Pushpanjali Enclave, Pitam Pura, Delhi – 110 034, India |
|
Date of Birth/Age : |
02.11.1979 |
|
DIN No.: |
02062055 |
|
|
|
|
Name : |
Ms. Savita Aggarwal |
|
Designation : |
Director |
|
Address : |
D-95, Pushpanjali Enclave, Pitam Pura, Delhi – 110 034, India |
|
Date of Birth/Age : |
04.04.1981 |
|
DIN No.: |
02062036 |
|
|
|
|
Name : |
Mr. Tushar Goel |
|
Designation : |
Director |
|
Address : |
64, Tarun Enclave, Pitam Pura, Delhi – 110 034, India |
|
Date of Birth/Age : |
28.08.1982 |
|
DIN No.: |
02061992 |
|
|
|
|
Name : |
Ms. Chitwan Goel |
|
Designation : |
Director |
|
Address : |
64, Tarun Enclave, Pitam Pura, Delhi – 110 034, India |
|
Date of Birth/Age : |
15.08.1981 |
|
DIN No.: |
02073314 |
KEY EXECUTIVES
|
Name : |
Mr. Sanjay Akhouri |
|
Designation : |
Export Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 05.02.2013
|
Names of Shareholders |
|
No. of Shares |
|
Vivek Kumar Aggarwal |
|
80000 |
|
Savita Aggarwal |
|
45000 |
|
Tushar Goel |
|
45000 |
|
Chitwan Goel |
|
80000 |
|
Total
|
|
250000 |
AS ON 29.04.2013
|
Names of Allottees |
|
No. of Shares |
|
Vivek Kumar Aggarwal |
|
240000 |
|
Savita Aggarwal |
|
135000 |
|
Tushar Goel |
|
135000 |
|
Chitwan Goel |
|
240000 |
|
Total
|
|
750000 |
BUSINESS DETAILS
|
Line of Business : |
Exporter and Importer of Personal Care Product, Homecare, Food
Products and Beverages etc. |
|
|
|
|
Products : |
· Toothpaste and Tooth Brush · Incense and Agarbatti · Beauty Cream and Body Care · Detergent · House Keeping Products · Soap · Spices and Seasonings · Tea |
|
Exports : |
|
|
Products : |
Personal Care Product, Homecare, Food Products and Beverages etc. |
|
Countries : |
·
Australia ·
USA ·
Gulf Countries ·
European Countries |
|
|
|
|
Imports : |
|
|
Products : |
Personal Care Product, Homecare, Food Products and Beverages etc. |
|
Countries : |
·
Argentina ·
Australia ·
Myanmar ·
Ghana |
|
|
|
|
Terms : |
|
|
Selling : |
L/C, Cash and Credit (30/ 60 days) |
|
|
|
|
Purchasing : |
L/C, Cash and Credit (30/ 60 days)
|
GENERAL INFORMATION
|
Customers : |
Wholesalers, Retailers and End Users |
|
|
|
|
No. of Employees : |
80 (Approximately) |
|
|
|
|
Bankers : |
Union Bank of
India, Ashok Vihar Branch, A-18, Ashok Vihar, Phase-I, Delhi – 110 052, India
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Sahegal
and Company Chartered Accountants |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity Shares |
Rs.10/- each
|
Rs.10.000
millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1000000 |
Equity Shares |
Rs.10/- each
|
Rs.10.000
millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
Expected Sales (2013-2014): More than Rs.2500.000 millions
The above information has been parted by Mr. Sanjay Akhouri (Export
Manager).
CAPITAL
OVERSEAS
(Partnership
Firm)
|
Particulars |
|
2012-2013 |
2011-2012 |
|
Sales Turnover (Approximately) |
|
More than
2000.000 |
1700.000 |
|
|
|
|
|
LOCAL AGENCY FURTHER INFORMATION
|
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 two years |
Yes |
|
12) Profitability for last three years |
No |
|
13) Reasons for variation <> 20% |
-- |
|
14) Estimation for coming financial year |
Yes |
|
15) Capital in the business |
Yes |
|
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 |
Yes |
|
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 |
Bankers Charges
Report as per Registry
|
Corporate
identity number of the company |
U51909DL2013PTC248485 |
|
Name of the
company |
CAPITAL VENTURES PRIVATE LIMITED |
|
Address of the
registered office or of the principal place of business in |
7, Sarja Market Complex,
Village Naharpur, Sector 7, Rohini, Delhi – 110 085, India E-Mail: gautam@gsco.in |
|
This form is for |
Creation of
charge |
|
Type of charge |
Book Debts Movable Property
(not being pledge) Floating Charge |
|
Particular of
charge holder |
Union Bank of
India, Ashok Vihar Branch, A-18, Ashok Vihar, Phase-I, Delhi – 110 052, India
E-Mail: nimishdel@gmail.com |
|
Nature of description
of the instrument creating or modifying the charge |
Composite
Hypothecation Deed |
|
Date of
instrument Creating the charge |
09.05.2013 |
|
Amount secured by
the charge |
Rs.25.000
millions |
|
Brief particulars
of the principal terms and conditions and extent and operation of the charge |
Rate of Interest: As may be
prescribed by the bank from time to time. Terms of
Repayment: Payable on
demand. Margin: 25%. Extent and
Operation of the charge: 100 percent. Others: The above charge
is hypothecated to secure an Adhoc Packing Credit limit of Rs.25.000 millions
granted by the bank to the company. |
|
Short particulars
of the property charged |
Hypothecation of
the followings :- a) All stocks of raw
materials, work-in-progress, semi finished goods and finished goods, packing
materials, consumable stores and spares etc. whatsoever and wheresoever
situate and/or in transit. b) All the
present and future book-debts, outstanding, monies receivable, claims, bills
contracts, engagements and securities which are now due and owing. c) All tangible
movable machineries, plant, machinery fixtures, fittings, other
installations, cranes, furniture, computers and other accessories, vehicles
together with spares, tools and accessories and all other articles lying on
the premises at 481/482, Alipur, Delhi or in the godowns of the Borrowers. |
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.59.70 |
|
|
1 |
Rs.92.25 |
|
Euro |
1 |
Rs.78.38 |
INFORMATION DETAILS
|
Information
Gathered by : |
JML |
|
|
|
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTERS |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
35 |
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.