MIRA INFORM REPORT

 

 

Report Date :

01.03.2013

 

IDENTIFICATION DETAILS

 

Name :

PHOENIX TECHNOLOGY PRIVATE LIMITED

 

 

Registered Office :

# 5/23, Welcome Colony, Anna Nagar West Extn. Chennai – 600101, Tamilnadu

 

 

Country :

India

 

 

Date of Incorporation :

30.03.2012

 

 

Com. Reg. No.:

085240

 

 

Capital Investment / Paid-up Capital :

Rs.0.100 Million

 

 

CIN No.:

[Company Identification No.]

U72200TN2012PTC085240

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Providing IT Training, Software Development and HR Consulting 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 :

Subject is new company establishing itself gradually. The company is about to complete its one year of business. 

 

Ms. Sujata the M.D. has denied to disclose any information about the subject company. No other information could be made available. Payment terms are unknown.

 

The company can be considered for business dealings on a safe and secured trade terms and condition.

 

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 – June 30, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

INDIAN ECONOMIC OVERVIEW

 

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

 

 

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 DENIED BY

 

Name :

Ms. Sujata

Designation :

Managing Director

Contact No.:

91-9841272363

Date :

26.02.2013

 

 

LOCATIONS

 

Registered Office :

# 5/23, Welcome Colony, Anna Nagar West Extn. Chennai – 600101, Tamilnadu, India

Tel. No.:

Not Available

Fax No.:

Not Available

E-Mail :

pothimadhavan@gmail.com

sujathanixon@gmail.com

Website :

www.phoenix-tcs.com

 

 

Training Center:

No.83/397, Panner Nagar, Moggapair, Chennai – 600037, Tamilnadu, India

Tel. No.:

91-44-42667444/ 43309333

E-Mail :

info@phoenix-tcs.com

Website :

www.phoenix-tcs.com

 

 

DIRECTORS

 

As on: 29.03.2012

 

Name :

Ms. Heizeinth Carmel Sujatha

Designation :

Managing Director

Address :

No. 59, 5th Cross Street, T.P. Chattram, Kilpauk, Chennai – 600010, Tamilnadu, India

Date of Birth/Age :

16.06.1973

Date of Appointment :

16.06.1973

DIN No.:

05241622

 

 

Name :

Ms. Chellichirayil Somanathan Sowmya

Designation :

Director

Address :

# 6, Jaiwandapuram, Madambakkam, Selaiyur, Chennai – 600073, Tamilnadu, India 

Date of Birth/Age :

08.06.1987

Date of Appointment :

30.03.2012

DIN No.:

05241627

 

 

Name :

Ms. Precilla Jebakumar

Designation :

Director

Address :

R7, Rail Nagar, Koyembedu, Chennai – 600107, Tamilnadu, India 

Date of Birth/Age :

14.11.1984

Date of Appointment :

30.03.2012

DIN No.:

05241635

 

 

MAJOR SHAREHOLDERS

 

As on: 29.03.2012

 

Names of Shareholders

 

No. of Shares

Heizeinth Carmel Sujatha

 

5000

Chellichirayil Somanathan Sowmya

 

2500

Precilla Jebakumar

 

2500

Total

 

10000

 

 

BUSINESS DETAILS

 

Line of Business :

Providing IT Training, Software Development and HR Consulting Services.

 

 

GENERAL INFORMATION

 

No. of Employees :

Not Available

 

 

Bankers :

Not Available

 

 

 

 

 

Banking Relations :

--

 

 

Auditors :

Not Available

 

 

CAPITAL STRUCTURE

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs.0.100 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs.0.100 Million

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

New Company

 

 

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

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

No

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

 

 

PRESS RELEASE:

 

Phoenix Technologies Unveils its New GUI BIOS Setup for Phoenix SecureCore Technology 3.0

 

MILPITAS, Calif. – November 27, 2012 – Phoenix Technologies Ltd., the global leader in UEFI firmware technology, products and tools, will unveil a new graphical user interface (GUI) BIOS Setup for its flagship UEFI BIOS product, Phoenix SecureCore Technology 3.0.

 

Based on the latest UEFI specifications, and fully compliant with Microsoft Windows 8, Phoenix SecureCore Technology 3.0 is the next generation UEFI BIOS firmware for cross-device, cross-codebase compatibility.

 

Windows 8 Style GUI BIOS Setup

The new Windows 8 style GUI BIOS Setup, designed for Phoenix SecureCore Technology 3.0, provides a seamless user experience that bridges Windows 8and Phoenix BIOS. Phoenix continues to remain at the forefront of emerging technologies with its new GUI BIOS Setup that provides the most intuitive environment yet for users to configure their BIOS. Supporting configuration via touch, stylus, mouse, or keyboard input maximizes users’ options when interacting with BIOS, and offers system developers greater opportunities to create innovative pre-OS applications.

 

Customizable GUI Core Engine: Phoenix Desktop Manager (PDM)

Phoenix PDM is a stacked GUI core engine that constructs a graphical framework  for the BIOS menu in Visual Forms Representation (VFR). PDM provides a highly customizable user interface design that is ideal for OEM branding. GUI controls built into the PDM binary include:

 

·         command button

·         text box drop-down list

·         toggle control

·         date/time control

·         scroll bar

·         numerical spin control

·         virtual keyboard

·         multi-language support

 

Customization and development of new controls is supported through PDM source level engineering. Phoenix OEM partners can also rely on the support of our customer engineering services to create strong brand identity with a fully customized BIOS Setup look and feel.

 

Touch Hot Zone as Hotkey

In addition to the new GUI BIOS Setup, Phoenix SecureCore Technology 3.0 is optimized for touch-based ultra-mobile devices to support programmable touch hot zones that function as hotkeys, or run commands. Touch hot zones are an easily recognizable point for OEM product differentiation and can be configured to instantly access predefined functions such as BIOS Setup and boot device configuration, or even run applications like diagnostic tools.

 

BitLocker Unlock by Virtual Keyboard

To unlock a BitLocker protected hard drive, a physical keyboard or HID input is normally required. Phoenix has developed revolutionary firmware technology to support BitLocker drive encryption for keyboard-less devices by creating a virtual keyboard that can be used instead of a peripheral keyboard. This unique feature now brings BIOS configuration completely into the realm of the mobile device user’s touch-only experience.

 

About Phoenix Technologies Limited

Founded in 1979, Phoenix was the first company dedicated to the development of PC BIOS firmware. Phoenix, with its rich domain expertise and IP library in firmware architecture and BIOS technology, enables the PC industry’s top system builders to differentiate their products, reduce time-to-market, and increase customer value. The company's flagship UEFI firmware product, Phoenix SecureCore Technology™, is revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, connectivity and ease-of-use. Phoenix is a privately held company headquartered in Silicon Valley in Milpitas, California. For more information, visit http://www.phoenix.com.

 

 


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.53.77

UK Pound

1

Rs.81.57

Euro

1

Rs.70.68

 

 

INFORMATION DETAILS

 

Information Gathered by :

NYN

 

 

Report Prepared by :

RAJ

 


 

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.