PRELIMINARY REPORT
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Report Date : |
19.11.2013 |
IDENTIFICATION DETAILS
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Name : |
PIPES AND FLOW PRODUCTS |
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Registered
Office : |
Shop No-2, Gali No-93, New Timber Market Bhavani Peth, Pune – 411042, |
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Country : |
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Year of
Establishment: |
1996 |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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IEC No.: |
3104013781 |
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TIN No.: |
27180007512 |
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PAN No.: [Permanent Account No.] |
AABFP4798B |
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Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
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Line of Business
: |
Trader and Distributor of Pipes and Pipes Fittings. |
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No. of Employees
: |
25 (Approximately) |
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
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Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 DENIED BY
|
Name : |
Mr. Hussain Saboowala |
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Designation : |
Partner |
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Contact No.: |
Not Available |
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Date : |
22.08.2012 |
LOCATIONS
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Registered Office : |
Shop No-2, Gali No-93, New Timber Market Bhavani Peth, Pune – 411042, |
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Tel. No.: |
91-20-26444125/26422525 |
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Mobile No.: |
91-9850882542 (Mr. Mustafa Sabuwala) |
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Fax No.: |
91-20-26444125 |
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Warehouse : |
No. 2, Katke Wadi, |
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Area : |
45000 Sq. ft. |
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Location : |
Owned |
PARTNERS
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Name : |
Mr. Sabbir Sabuwala |
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Designation : |
Partner |
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Qualification : |
Graduate |
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Name : |
Mr. Hunaid Akbarali Jamnagarwala |
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Designation : |
Partner |
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Qualification : |
Graduate |
KEY EXECUTIVES
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Name : |
Mr. Mustafa Sabuwala |
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Designation : |
Manager |
BUSINESS DETAILS
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Line of Business : |
Trader and Distributor of Pipes and Pipes Fittings. |
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Products : |
·
Carbont Steel Seamless Pipes ·
G.I. Pipes ·
Hollow Section Pipes ·
Seamless and Welded Pipe Fitings ·
GI and MS ERW Pipes |
GENERAL INFORMATION
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Customers : |
·
Emcure Pharmaceuticals ·
B. G. Shirke ·
Tal Manufacturing |
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No. of Employees : |
25 (Approximately) |
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Bankers : |
·
HDFC Bank |
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Banking
Relations : |
-- |
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Auditor : |
S S Karachiwala And Company Chartered Accountant |
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Memberships : |
·
International Organization for Standardization |
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Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
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Capital Investment : |
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Owned : |
Not Divulged |
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Borrowed : |
Not Divulged |
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Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Millions]
Not Divulged
The above information has been denied by Mr. Hussain Sabuwala.
Note : Sole Proprietory and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
LOCAL AGENCY FURTHER INFORMATION
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Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
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1] |
Year of Establishment |
Yes |
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2] |
Locality of the firm |
Yes |
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3] |
Constitutions of the firm |
Yes |
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4] |
Premises details |
No |
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5] |
Type of Business |
Yes |
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6] |
Line of Business |
Yes |
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7] |
Promoter's background |
Yes |
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8] |
No. of employees |
Yes |
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9] |
Name of person contacted |
Yes |
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10] |
Designation of contact
person |
Yes |
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11] |
Turnover of firm for last
three years |
No |
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12] |
Profitability for last
three years |
No |
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13] |
Reasons for variation
<> 20% |
---- |
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14] |
Estimation for coming
financial year |
No |
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15] |
Capital in the business |
No |
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16] |
Details of sister
concerns |
No |
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17] |
Major suppliers |
No |
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18] |
Major customers |
Yes |
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19] |
Payments terms |
No |
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20] |
Export / Import details
(if applicable) |
No |
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21] |
Market information |
---- |
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22] |
Litigations that the firm
/ promoter involved in |
---- |
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23] |
Banking Details |
Yes |
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24] |
Banking facility details |
No |
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25] |
Conduct of the banking
account |
---- |
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26] |
Buyer visit details |
---- |
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27] |
Financials, if provided |
No |
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28] |
Incorporation details, if
applicable |
No |
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29] |
Last accounts filed at
ROC |
No |
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30] |
Major Shareholders, if
available |
No |
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31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
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32] |
PAN of
Proprietor/Partner/Director, if available |
No |
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33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
Registered office of the company has been
changed from 19, Parvaaz Complex, Opposite Dhobi Ghat, Shankershet Road, Pune –
411001, Maharashtra, India to the present address
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 records 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.62.62 |
|
|
1 |
Rs.101.06 |
|
Euro |
1 |
Rs.84.55 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.