MIRA INFORM REPORT
|
Report Date : |
13.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
ALPHA LOGISTIC SERVICES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
165-A, PKT – I, Mayur Vihar Phase – 1, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
22.01.2002 |
|
|
|
|
Com. Reg. No.: |
55-113919 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs.0.403 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U63013DL2002PTC113919 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELA15078A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAECA0494R |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Freight Forwarding and Consolidating Agents |
|
|
|
|
No. of Employees
: |
12 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (29) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 12000 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
Slow but company |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a small company in its field. Its scale of activities are
limited. 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 – 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 |
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. Puneet Sharma |
|
Designation : |
Director |
|
Contact No.: |
91-9810215551 |
|
Date : |
11.05.2013 |
LOCATIONS
|
Registered Office : |
165-A, PKT – I, Mayur Vihar Phase – 1, |
|
Tel. No.: |
91-11-26488558/26488357 |
|
Mobile No.: |
91-9810215551 (Mr. Puneet Sharma) |
|
Fax No.: |
91-11-26488256/26488358 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Administrative Office/ Head Office :Head Office : |
K-64A, Kalkaji, New Delhi – 110019, India |
|
Tel. No.: |
91-11-26488355/ 56 / 57 / 41629910 / 26425601 |
|
Fax No.: |
91-11-26488258 |
|
|
|
|
Branches : |
Located at : · Maharashtra · Haryana · Chandigarh · Uttar Pradesh |
DIRECTORS
As on: 29.09.2012
|
Name : |
Mr. Puneet Sharma |
|
Designation : |
Director |
|
Address : |
165-A, PKT – I, Mayur Vihar Phase – 1, |
|
Date of Birth/Age : |
25.05.1970 |
|
Date of Appointment : |
22.01.2002 |
|
DIN No.: |
00939694 |
|
|
|
|
Name : |
Ms. Ambika Sharma |
|
Designation : |
Director |
|
Address : |
165-A, PKT – I, Mayur Vihar Phase – 1, |
|
Date of Birth/Age : |
23.06.1969 |
|
Date of Appointment : |
22.01.2002 |
|
DIN No.: |
00939720 |
|
|
|
|
Name : |
Ms. Bimla Sharma |
|
Designation : |
Director |
|
Address : |
165-A, PKT – I, Mayur Vihar Phase – 1, |
|
Date of Birth/Age : |
22.11.1945 |
|
Date of Appointment : |
22.01.2002 |
|
DIN No.: |
01079342 |
MAJOR SHAREHOLDERS
As on: 29.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Mr. Puneet Sharma |
|
40100 |
|
Ms. Ambika Sharma |
|
100 |
|
Ms. Bimla Sharma |
|
100 |
|
Total |
|
40300 |
Equity Share Break up (Percentage of Total Equity)
As on: 29.09.2012
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Freight Forwarding and Consolidating Agents |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
· Alpha Clearing and Forwarding Agencies Private Limited · AMI India · APL India Private Limited · Alpha Impex · S Bagadia Associates · Alpha Logistic Services · Damco India Private Limited · MFC Transport · Dolphine Logistics Private Limited · MSC Agencies India Private Limited · NYK Line India Limited · Unica Logistics |
|
|
|
|
Customers : |
End Users · ABBS International · Alpha Freighters · Alpha Freighters · ABC Industries · AKS Rugs · Annapurna Overseas · Baldev Woolen International · Contrasys Private Limited · Devi Narayan Enterprises · Elnova Pharma · Fine Impex Trading Company · Floors and More · GR Logistics · Gupta International · Hari International · Harison and Harlaj Limited · HCS Enterprises · Jai Balaji Exports · Keshav Exports · Marwar Carpets International · Punjab Chemical and Crop Protection · Raj Overseas ·
Sanguine Merchandising |
|
|
|
|
No. of Employees : |
12 (Approximately) |
|
|
|
|
Bankers : |
Canara Bank,
Maharani Bagh, Siddharth Enclave, New Delhi - 110014, Delhi, India |
|
|
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Antima and Goel Chartered Accountants |
|
Address : |
A-40, Dayanand Colony, Lajpat Nagar-Iv, New Delhi – 110024, India |
|
E-Mail : |
|
|
PAN No.: |
AANPA4473A |
|
|
|
|
Sister Concern : |
Alfa Clearing and Forwarding Agent |
CAPITAL STRUCTURE
As on: 31.03.2012
Authorised Capital :
|
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 |
|
|
|
|
|
|
40300 |
Equity Shares |
Rs.10/- each |
Rs.0.403
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
0.403 |
0.403 |
0.403 |
|
|
2] Share Application Money |
0.500 |
0.500 |
0.500 |
|
|
3] Reserves & Surplus |
2.265 |
2.015 |
1.851 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000
|
|
|
NETWORTH |
3.168 |
2.918 |
2.754 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
2.141 |
1.419 |
|
|
2] Unsecured Loans |
0.000 |
|
3.072 |
|
|
TOTAL BORROWING |
0.000 |
2.141 |
4.491 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
DIRECTORS BALANCES |
0.000 |
0.000 |
0.986 |
|
|
|
|
|
|
|
|
TOTAL |
3.168 |
5.059 |
8.231 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.864 |
2.528 |
5.343 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000
|
|
|
|
|
|
|
|
|
INVESTMENT |
2.182 |
3.212 |
0.395 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000
|
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000
|
|
|
Sundry Debtors |
3.387
|
4.769 |
4.347
|
|
|
Cash & Bank Balances |
0.879
|
0.328 |
0.140
|
|
|
Other Current Assets |
0.000
|
0.000 |
0.229
|
|
|
Loans & Advances |
0.402
|
0.261 |
0.000
|
|
Total
Current Assets |
4.668
|
5.358 |
4.716 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
4.469
|
3.551 |
0.000
|
|
|
Other Current Liabilities |
0.000
|
2.407 |
2.135
|
|
|
Provisions |
0.077
|
0.081 |
0.088
|
|
Total
Current Liabilities |
4.546
|
6.039 |
2.223 |
|
|
Net Current Assets |
0.122
|
(0.681) |
2.493
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000
|
|
|
|
|
|
|
|
|
TOTAL |
3.168 |
5.059 |
8.231 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from operations |
2.596 |
2.406 |
29.387 |
|
|
|
Other Income |
0.133 |
0.043 |
|
|
|
|
TOTAL (A) |
2.729 |
2.449 |
29.387 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Employee Benefit Expense |
1.033 |
|
29.119 |
|
|
|
Directors Remuneration |
0.240 |
0.180 |
|
|
|
|
Other Administrative Expenses |
0.672 |
0.890 |
|
|
|
|
TOTAL (B) |
1.945 |
1.913 |
29.119 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
0.784 |
0.536 |
(Including
Depreciation and Financial Expenses) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.320 |
0.207 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
0.464 |
0.329 |
|
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.138 |
0.083 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
0.326 |
0.246 |
0.268 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.077 |
0.081 |
0.103 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
0.249 |
0.165 |
0.165 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
6.19 |
4.09 |
4.09 |
|
|
Particulars |
|
|
31.03.2013 |
|
Sales Turnover (Approximately) |
|
|
50.000 |
|
|
|
|
|
The above information has been parted by Mr. Puneet Sharma.
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
9.12
|
6.74 |
0.56
|
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
12.56
|
10.22 |
NA
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.89
|
3.12 |
2.66
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.10
|
0.08 |
0.10
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.00
|
0.73 |
1.63
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.03
|
0.89 |
2.12
|
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 |
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 |
Yes |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
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 |
No |
|
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 |
FINANCIAL RESULTS:
During the financial year, the Company has earned the net profit of Rs. 0.326 Million (Previous Year Rs. 0.246 Million)
FIXED ASSETS:
· Air Conditioners
· Car
· Computer
· Cycle
· Furniture
· Office Equipment
· Scooters
· Wireless System
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.54.54 |
|
|
1 |
Rs.84.19 |
|
Euro |
1 |
Rs.71.11 |
INFORMATION DETAILS
|
Information
Gathered by : |
PLK |
|
|
|
|
Report Prepared
by : |
RAJ |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
--DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
29 |
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.