1. Summary Information
|
Country |
INDIA |
||
|
Company Name |
KATARA DENTAL
PRIVATE LIMITED |
Principal Name 1 |
DR. MUKESH DOLUMAL KATARA |
|
Status |
MODERATE |
Principal Name 2 |
MRS. ARUNA MUKESH KATARA |
|
Registration # |
11-073139 |
||
|
Street Address |
APURVA COMPLEX, 56, GANESH KHIND ROAD, ANUDH, PUNE – 411
007, MAHARASHTRA |
||
|
Established Date |
26.07.1993 |
SIC Code |
-- |
|
Telephone# |
91-20-25691012/ 25693810 |
Business Style 1 |
DENTAL PROSTHESES |
|
Fax # |
91-20-25691528 |
Business Style 2 |
TRADING |
|
Homepage |
Product Name 1 |
DENTAL IMPLANTS |
|
|
# of employees |
NOT AVAILABLE |
Product Name 2 |
-- |
|
Paid up capital |
RS.1,500,000/- |
Product Name 3 |
-- |
|
Shareholders |
DIRECTORS
OR RELATIVES OF DIRECTORS – 100% |
Banking |
HDFC BANK LIMITED |
|
Public Limited Corp. |
NO |
Business Period |
20 YEARS |
|
IPO |
NO |
International Ins. |
-- |
|
Public |
NO |
Rating |
B (34) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
41,695,000
|
Current Liabilities |
17,361,000
|
|
Inventories |
17,020,000
|
Long-term Liabilities |
12,073,000 |
|
Fixed Assets |
30,845,000 |
Other Liabilities |
9,900,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
39,334,000 |
|
Invest& other Assets |
17,038,000 |
Retained Earnings |
65,764,000 |
|
|
|
Net Worth |
67,264,000 |
|
Total Assets |
106,598,000 |
Total Liab. & Equity |
106,598,000 |
|
Total Assets (Previous Year) |
95,330,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Total Income |
117,959,000 |
Net Profit |
6,436,000 |
|
Total Income (Previous
year) |
81,347,000 |
Net Profit(Prev.yr) |
1,606,000 |
MIRA INFORM REPORT
|
Report Date : |
28.03.2013 |
IDENTIFICATION DETAILS
|
Name : |
KATARA DENTAL
PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Apurva Complex, 56, Ganesh Khind Road, Anudh, Pune – 411
007, Maharashtra |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
26.07.1993 |
|
|
|
|
Com. Reg. No.: |
11-073139 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.1.500
Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U31112MH1993PTC073139 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
PNEK00870C |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
|
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (34) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 269000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a moderate track record. The management of the company has failed to file its financials with
the Government Department for the year 2012. As per previous year’s record, the company is found to be normal for
business dealings. Trade relations are reported as fair. Business is active. Payment
terms are unknown. 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 – June 30, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
|
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
|
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.
LOCATIONS
|
Registered Office/ Head Office : |
Apurva Complex, 56, Ganesh Khind Road, Anudh, Pune – 411
007, Maharashtra, India |
|
Tel. No.: |
91-20-25691012/ 25693810 |
|
Fax No.: |
91-20-25691528 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Trading Center : |
12IT Campus, Room No.3, Ground Floor of Mithila Hostel, |
|
Tel. No.: |
91-20-22933441 (Ext. – 290) |
|
Fax No.: |
91-20-25691528 |
|
|
|
|
Delhi Unit : |
D - 10/3, Okhla Industrial Area, Phase - 1, Ground Floor, New Delhi - 110 020, India |
|
Tel. No.: |
91-11-46565800/ 40506993 |
|
Fax No.: |
91-11-40506991 |
|
|
|
|
Bangalore Unit : |
D-14, Devatha Plaza, 2nd Floor, 131-132 Residency Road, Bangalore – 560 025, Karnataka, India |
|
Tel. No.: |
91-80-22123791 |
|
Fax No.: |
91-80-22292543 |
|
|
|
|
Mumbai Unit : |
Dentech Laboratory, 5, Navroji Vakil Street, Nana Chowk, Mumbai - 400 007, Maharashtra, India |
|
Tel. No.: |
91-22-23862723/ 23889764 |
|
Fax No.: |
91-22-23870208 |
|
|
|
|
Hyderabad Unit : |
Plot No.10, 2nd Floor, Paiga Colony, Sardar Patel Road, Secunderabad – 500 003, Andhra Pradesh, India |
|
Tel. No.: |
91-40-40062003 |
DIRECTORS
As on 30.09.2011
|
Name : |
Dr. Mukesh Dolumal Katara |
|
|
Designation : |
Managing Director |
|
|
Address : |
339, Sind Society, Road No.3, Aundh, Pune – 411 007, Maharashtra,
India |
|
|
Date of Birth/Age : |
10.07.1957 |
|
|
Date of Appointment : |
26.07.1993 |
|
|
DIN No.: |
00286037 |
|
|
Voter ID No.: |
MT/0042-0246-351454 |
|
|
|
|
|
|
Name : |
Mrs. Aruna Mukesh Katara |
|
|
Designation : |
Director |
|
|
Address : |
339, Sind Society, Road No.3, Aundh, Pune – 411 007, Maharashtra,
India |
|
|
Date of Birth/Age : |
16.10.1959 |
|
|
Date of Appointment : |
26.07.1993 |
|
|
DIN No.: |
00043607 |
|
|
Voter ID No.: |
MT/0042-0246-351455 |
|
|
|
|
|
|
Name : |
Mr. Amit Mukesh Katara |
|
|
Designation : |
Whole Time Director |
|
|
Address : |
339, Sind Society, Road No.3, Aundh, Pune – 411 007, Maharashtra,
India |
|
|
Date of Birth/Age : |
08.11.1985 |
|
|
Date of Appointment : |
09.02.2009 |
|
|
DIN No.: |
02878220 |
|
|
Voter ID No.: |
WZ/555-66237 |
|
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Mukesh Dolumal Katara |
|
23466 |
|
Aruna Mukesh Katara |
|
33334 |
|
Mukesh Dolumal Katara jointly with Aruna Mukesh Katara |
|
21534 |
|
Aruna Mukesh Katara jointly with Mukesh Dolumal Katara |
|
11666 |
|
Amit Mukesh Katra jointly with Aruna Mukesh Katara |
|
30000 |
|
Amrita Mukesh Katara jointly with Aruna Mukesh Katara |
|
30000 |
|
Total |
|
150000 |
As on 30.09.2011
|
Equity Share Breakup |
|
Percentage of Holding |
|
Category |
|
|
|
Directors
or relatives of directors |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
|
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
L.B. Bapat and Associates Chartered Accountants |
|
Address : |
‘Shakuntal’, 46/10, Erandawane,
Law College Road, Pune – 411 004, Maharashtra, India |
|
Income-tax
PAN of auditor or auditor's firm : |
ABTPB3671L |
CAPITAL STRUCTURE
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
250000 |
Equity Shares |
Rs.10/- each |
Rs.2.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
150000 |
Equity Shares |
Rs.10/- each |
Rs.1.500
Millions |
|
|
|
|
|
(Out of above 66666 shares have been allotted pursuant to scheme of amalgamation.)
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
1.500 |
1.500 |
1.500 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
65.764 |
60.741 |
60.519 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
67.264 |
62.241 |
62.019 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
12.073 |
13.134 |
3.498 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
12.073 |
13.134 |
3.498 |
|
|
DEFERRED TAX LIABILITIES |
1.311 |
1.240 |
0.904 |
|
|
|
|
|
|
|
|
TOTAL |
80.648 |
76.615 |
66.421 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
30.845 |
30.562 |
19.260 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.420 |
|
|
|
|
|
|
|
|
INVESTMENT |
17.038 |
17.476 |
20.825 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
17.020
|
12.202 |
13.646 |
|
|
Sundry Debtors |
24.541
|
18.904 |
16.561 |
|
|
Cash & Bank Balances |
4.160
|
6.203 |
4.234 |
|
|
Other Current Assets |
0.207
|
0.071 |
0.127 |
|
|
Loans & Advances |
12.787
|
9.912 |
12.121 |
|
Total
Current Assets |
58.715
|
47.292 |
46.689 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
10.324
|
6.530 |
7.183 |
|
|
Other Current Liabilities |
7.037
|
5.961 |
3.916 |
|
|
Provisions |
8.589
|
6.224 |
9.674 |
|
Total
Current Liabilities |
25.950
|
18.715 |
20.773 |
|
|
Net Current Assets |
32.765
|
28.577 |
25.916 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
80.648 |
76.615 |
66.421 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
117.959 |
81.347 |
82.020 |
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL |
117.959 |
81.347 |
82.020 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
|
103.461 |
74.157 |
73.067 |
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
103.461 |
74.157 |
73.067 |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
DEPRECIATION AND DIMUNITION IN VALUE OF INVESTMENT |
14.498 |
7.190 |
8.953 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
4.020 |
2.755 |
2.347 |
|
|
|
|
|
|
|
|
|
|
DIMUNITION IN
VALUE OF CURRENT ASSET |
1.606 |
1.492 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
8.872 |
2.943 |
6.606 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
2.436 |
1.337 |
1.791 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX |
6.436 |
1.606 |
4.815 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
52.757 |
52.697 |
49.786 |
|
|
|
|
|
|
|
|
|
|
INCOMETAX
PRIOR PERIOD ADJUSTMENT |
(0.009) |
0.019 |
0.000 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
0.495 |
0.161 |
0.500 |
|
|
|
Dividend on Equity shares |
1.200 |
1.200 |
1.200 |
|
|
|
Corporate Dividend Tax |
0.204 |
0.204 |
0.204 |
|
|
BALANCE CARRIED
TO THE B/S |
57.285 |
52.757 |
52.697 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Dental Prosthesis - Export |
0.740 |
0.857 |
0.572 |
|
|
TOTAL EARNINGS |
0.740 |
0.857 |
0.572 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
1.702 |
0.382 |
0.000 |
|
|
|
Capital Goods |
0.115 |
0.678 |
0.000 |
|
|
|
Trading Goods |
26.163 |
12.544 |
14.250 |
|
|
TOTAL IMPORTS |
27.980 |
13.604 |
14.250 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
42.90 |
10.70 |
32.10 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
5.46
|
1.97 |
5.87 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
9.91
|
3.78 |
10.02 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.13
|
0.05 |
0.11 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.18
|
0.21 |
0.06 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.26
|
2.53 |
2.25 |
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 |
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 |
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 |
Yes |
|
34)
External Agency Rating, if available |
No |
Bankers Charges
Report as per Registry
|
Corporate
identity number of the company |
U31112MH1993PTC073139 |
|
Name of the
company |
KATARA DENTAL
PRIVATE LIMITED |
|
Address of the registered
office or of the principal place of
business in |
Apurva Complex, 56, Ganesh Khind Road, Anudh, Pune – 411 007, Maharashtra, India E-Mail: katara@vsnl.com |
|
This form is for |
Modification of
charge |
|
Charge
identification number of the modified |
90082942 |
|
Type of charge |
Immovable
Property Book Debts Movable Property
(not being pledge) Floating Charge |
|
Particular of
charge holder |
CIN No.: L65920MH1994PLC080618 HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013, Maharashtra, India Email ID: RBBform8@hdfcbank.com |
|
Nature of
description of the instrument creating or modifying the charge |
a] Supplementary
Letter of Hypothecation. b] Memorandum
Recording Past Transaction of Creation of Mortgage by Delivery of Title
Deeds. [Collectively
constitute a single charge for Rs.6.000 Millions]. |
|
Date of
instrument Creating the charge |
27.04.2012 |
|
Amount secured by
the charge |
Rs.6.000 Millions |
|
Brief particulars
of the principal terms an conditions and extent and operation of the charge |
Rate of Interest Interest at the rate
as may be communicated by the Bank from time to time. Terms of Repayment Working capital
facility shall be payable on demand. Term loan
facility shall be repayable in suitable installments. Margin As may be
stipulated by the Bank from time to time. Extent and Operation of the charge [a] Hypothecation
by way of First Charge on Company's Stock and Book Debts etc., to secure as a
continuing security as stated in Column No.15 below, [b] The Company accorded
and gave oral consent to Bank to continue to hold and retain the title deeds
[by way of Constructive delivery] in respect of its immovable properties as
security for repayment of Rs.6.000 Millions together with principal,
interest, liquidated damages, costs, charges and expenses. Others NIL. |
|
Short particulars
of the property charged |
Stock-in-trade,
consisting of raw materials, goods in process of manufacturing finished
goods, and other merchandise whatsoever being movable properties All the Debts,
that is, all the book debts, outstandings, monies receivables, claims, bills, invoice documents, contracts,
guarantees, and rights Flat No.2, Apurva
Complex 56, Flat No.3, Apurva
Complex 56, Flat No.4, Apurva
Complex 56, Shop No.8, Apurva
Complex 56, Shop No.9, Apurva
Complex 56, |
|
Date of latest
modification prior to the present modification |
09.01.2008 |
|
Particulars of
the present modification |
The charge shall
now stand reduced from Rs.6.500 Millions to Rs.6.000 Millions in favour of
the Bank against the security of stocks, book debts and immovable properties
being lying and situate at Pune. |
FIXED ASSETS
·
Building
·
Plot at
Hinjwadi
·
Plant
and Machinery
·
Tools
and Equipments
·
Furniture
and Fixtures
·
Electrical
Installation
·
Office
Equipments
·
Others
·
Computers
· Vehicles
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.54.27 |
|
|
1 |
Rs.82.49 |
|
Euro |
1 |
Rs.69.88 |
INFORMATION DETAILS
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--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 |
|
34 |
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.