MIRA INFORM REPORT
|
Report Date : |
05.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
UMA POLYMERS LIMITED |
|
|
|
|
Registered
Office : |
C Wings, 1st Floor, Abhay Chambers, Jalori Gate, |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 (Profit and Loss A/c) |
|
|
|
|
Date of
Incorporation : |
29.04.1987 |
|
|
|
|
Com. Reg. No.: |
17-003956 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.111.551 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U25201RJ1987PLC003956 |
|
|
|
|
IEC No.: |
1397003634 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
JDHU00929F |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACU0748E AAACU2021J |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Suppliers of Laminated Flexible Packaging Materials. |
|
|
|
|
No. of Employees
: |
500 (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 |
|
Maximum Credit Limit : |
USD 2849000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Sow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track record.
Balance sheet statement for the year 2012 is not available. As per profit and
loss account of 2012 it seems that there appears a dip in the profitability
of the company but from indirect source we found that the company has
incurred a loss from its operation during the 2013. However, trade relations are reported as fair. Business is active.
Payments are reported to be slow but correct The company can be considered for business dealings with some
cautions. |
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 |
INDIAN ECONOMIC OVERVIEW
We are living in a
world where volatility and uncertainty have become the New Normal. We saw
a change of government in countries like Tunisia, Egypt, Libya and Vietnam.
Once powerful countries in Europe are now fighting for bankruptcy. We have
taken growth in the developing part of the world for granted but economic
growth in China and India has begun to slow. Companies that were synonymous
with their product categories just a few years ago are now no longer in
existence. Kodak, the inventor of the digital camera had to wind up its
operations, HMV, the British entertainment retailing company and Borders, once
the second largest bookstore have shut down due to their inability to evolve
their business models with the changing time. Readers’ Digest, Thomson Register
are no more !
There is another
megatrend happening. The World order is changing as economic power shifts from
West to East. According to McKinsey study, it took Britain more than 100 years
to double its economic output per person during its industrial revolution and
the US later took more than 50 years to do the same. More than a century later,
China and India have doubled their GDP per capital in 12 and 18 years
respectively. By 2020, emerging Asia will become the world’s largest consuming
block, overtaking North America.
The years after the
outbreak of the global financial crisis, the world economy continues to remain
fragile. The Indian economy demonstrated remarkable resilience in the initial
years of the contagion but finally lost ground last year. GDP growth slowed
down. Currency has been weakening. There is a marked deceleration in
agriculture, industry and services. Dampening sentiment led to a cut-back in
investment as well as private consumption expenditure. Inflation remained
at high levels fuelled by the pressure from the food and fuel sectors. The
large fiscal and current account deficit s continued to cause grave concern. It
is imperative that India regains its growth trajectory of 8-9 % sooner than
later. This is crucially important given the need to create gainful livelihood
opportunities for the millions living in poverty as also the large contingent
of young people joining the job market every year.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Long term rating BBB- Downgraded from (BBB) |
|
Rating Explanation |
Moderate degree of safety. It carry moderate
credit risk. |
|
Date |
25.09.2013 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short term rating A3+ Downgraded from (A3+) |
|
Rating Explanation |
Moderate degree of safety. It carry higher
credit risk |
|
Date |
25.09.2013 |
NOTE:
The rating take into consideration the latest
financial statements of 2013 from indirect source i.e. Crisil.
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. Khalid Hussain |
|
Designation : |
Company Secretary |
|
Contact No.: |
91-291-2868290 |
|
Date : |
04.10.2013 |
LOCATIONS
|
Registered Office : |
C Wings, 1st Floor, Abhay Chambers, Jalori Gate, |
|
Tel. No.: |
91-291-2868285/ 2868290 |
|
Mobile No.: |
91-9829600804 (Mr. C. L. Khimsara) |
|
Fax No.: |
91-291-2868292 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
500 sq. ft |
|
Location : |
Rented |
|
|
|
|
Factory 1: |
Uma Nagar, National Highway No. 65, Pali Road, District Jodhpur-342802,
Rajasthan, India |
|
Tel. No.: |
91-291-2868131 to 132 |
|
Fax No.: |
91-291-2868275 |
|
E-Mail : |
|
|
Area : |
225000 sq. ft. |
|
Location : |
Owned |
|
|
|
|
Factory 2: |
G-155/156, Ambaji Industrial Area, Abhu Road, District Sirohi,
Santpur-307026, Rajasthan, India |
|
Tel. No.: |
91-2974-226881 to 885 |
|
Fax No.: |
91-2974-226883 |
|
E-Mail : |
|
|
Area : |
225000 sq. ft. |
|
Location : |
Owned |
|
|
|
|
Marketing Office
: |
Noida Plot No.C-67,
Sector 2, Noida – 201301, Uttar Pradesh,
India |
|
Tel. No.: |
91-120-4335250/ 4335251 |
|
E-Mail : |
|
|
Area : |
2500 sq. ft. |
|
Location : |
Rented |
|
|
|
|
Marketing
Network : |
Located at: · Kolkata · Mumbai · Delhi (Noida) |
DIRECTORS
As on: 28.09.2012
|
Name : |
Mrs. Sarita Lodha |
|
Designation : |
Director |
|
Address : |
C-66-67, Shastri Nagar,
Jodhpur-342003, Rajasthan, India |
|
Date of Birth/Age : |
22.05.1966 |
|
Date of Appointment : |
01.04.2004 |
|
DIN No.: |
00057325 |
|
|
|
|
Name : |
Mr. Shripal Raj Lodha |
|
Designation : |
Managing Director |
|
Address : |
C-66-67, Shastri Nagar,
Jodhpur-342003, Rajasthan, India |
|
Date of Birth/Age : |
20.10.1958 |
|
Date of Appointment : |
29.04.1987 |
|
DIN No.: |
00057381 |
|
Other Directorship : |
|
|
DIN No.: |
01350065 |
|
|
|
|
Name : |
Mr. Shrikul Lodha |
|
Designation : |
Director |
|
Address : |
C-66-67, Shastri Nagar,
Jodhpur-342003, Rajasthan, India |
|
Date of Birth/Age : |
28.01.1992 |
|
Date of Appointment : |
15.04.2011 |
|
DIN No.: |
03011881 |
KEY EXECUTIVES
|
Name : |
Mr. Khalid Hussain |
|
Designation : |
Company Secretary |
|
Address : |
5/3, Pulia-4, Chopasni Housing Board, Jodhpur-342008, Rajasthan, India
|
|
Date of Birth/Age : |
15.12.1971 |
|
Date of Appointment : |
24.05.1999 |
|
Pan No.: |
AATPH6919K |
|
|
|
|
Name : |
Mr. Pankaj Jain |
|
Designation : |
Account Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 28.09.2012
|
Names of Equity Shareholders |
No. of Shares |
|
|
|
|
Shripal Lodha |
2971450 |
|
Sarita Lodha |
2356900 |
|
Shripal Raj Lodha as a karta of Shripal Raj Lodha and Sons HUF |
130450 |
|
Shrikul Lodha |
244700 |
|
Shrikruti Lodha u/g of Shripal Lodha |
120600 |
|
Shruti Lodha |
121500 |
|
Shrikul Trading Company Private Limited, India |
755000 |
|
Uma Polypacks Private Limited, India |
415000 |
|
Ravindra Rajpurohi |
100 |
|
Rakesh Jain |
200 |
|
C L Khimsara |
100 |
|
Bishan Rathore |
300 |
|
Ram Meghwal |
100 |
|
Micro Resorts Private Limited, India |
187500 |
|
Reward Exports Private Limited, India |
1032500 |
|
Secure Real Estate and Energy Private Limited, India |
42500 |
|
Riddhi Siddhi Tie-Up Private Limited, India |
1045000 |
|
Diamond Financial Consultants Private Limited, India |
231250 |
|
SMDS Trdaing Private Limited, India |
43750 |
|
|
|
|
Total |
9698900 |
|
Names of Preference Shareholders |
No. of Shares |
|
|
|
|
Uma Polypacks Private Limited, India |
140000 |
|
SMDS Trdaing Private Limited, India |
3760000 |
|
Reward Exports Private Limited, India |
135000 |
|
|
|
|
Total |
4035000 |
As on: 14.01.2013
|
Names of Allottee (Preference) |
No. of Shares |
|
Patni Holding Private Limited |
700000 |
|
|
|
|
Total |
700000 |
As on: 28.09.2012
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Bodies corporate |
39.00 |
|
Directors or relatives of Directors |
61.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Suppliers of Laminated Flexible Packaging Materials. |
||||
|
|
|
||||
|
Products : |
Domestic Market ·
Tata Salt ·
J.K. White Cement ·
Pillsbury Atta ·
GRASIM - Birla White Cement ·
Dhampur Sugar ·
Shakti Bhog Tea ·
Modi Sugar ·
Shakti Bhog Salt ·
MDH Spices ·
Haldiram ·
Britannia ·
Vadilal ·
Hero Honda International
Market ·
Herbal Products
|
||||
|
|
|
||||
|
Exports : |
|
||||
|
Products : |
Finished Goods |
||||
|
Countries : |
|
||||
|
|
|
||||
|
Imports : |
|
||||
|
Products : |
Raw Material |
||||
|
Countries : |
|
PRODUCTION STATUS (AS ON 31.03.2011)
|
Particulars |
Unit |
Actual Production |
|
Pouches |
Nos. |
174300425 |
|
Flexible Rolls |
MT |
4391.402 |
GENERAL INFORMATION
|
Customers : |
End Users |
|||||||||||||||
|
|
|
|||||||||||||||
|
No. of Employees : |
500 (Approximately) |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
State Bank of Bikaner and Jaipur, City Branch, Kapda Bazar, Chandi
Hall, Jodhpur - 342001, Rajasthan, India |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Rajendra Jain and Associates Chartered Accountants |
|
Address : |
Kalptaru Shopping Centre, |
|
Tel. No.: |
91-291-2627730 |
|
Mobile No.: |
91-9829021236 |
|
|
|
|
Associates : |
UPL Trading Company Private Limited CIN No.: U51101RJ1995PTC009542 Secure Real Estate and Energy Private Limited CIN No.: U70100MH2005PTC150756 Nehar Electronics Private Limited CIN No.: U74899DL1988PTC030231 Uma Polypacks
Private Limited CIN No.: U25201RJ1994PTC008544 |
CAPITAL STRUCTURE
As on: 28.09.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
11000000 |
Equity Shares |
Rs.10/- each |
Rs.110.000 Millions |
|
4500000 |
Preference Shares |
Rs.10/- each |
Rs. 45.000 Millions |
|
|
|
|
|
|
|
Total |
|
Rs.155.000
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
9698900 |
Equity Shares |
Rs.10/- each |
Rs.96.989
Millions |
|
4035000 |
Preference Shares |
Rs.10/- each |
Rs.40.350
Millions |
|
|
|
|
|
|
|
Total |
|
Rs.137.339 Millions |
As on: 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
11000000 |
Equity Shares |
Rs.10/- each |
Rs.110.000 Millions |
|
1500000 |
Preference Shares |
Rs.10/- each |
Rs. 15.000 Millions |
|
|
|
|
|
|
|
Total |
|
Rs.125.000
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
9655150 |
Equity Shares |
Rs.10/- each |
Rs.96.551
Millions |
|
1500000 |
Preference Shares |
Rs.10/- each |
Rs.15.000
Millions |
|
|
|
|
|
|
|
Total |
|
Rs.111.551 Millions |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
111.551 |
105.551 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
410.804 |
338.859 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
522.355 |
444.410 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
165.376 |
137.976 |
|
|
2] Unsecured Loans |
|
16.929 |
19.810 |
|
|
TOTAL BORROWING |
|
182.305 |
157.786 |
|
|
DEFERRED TAX LIABILITIES |
|
7.775 |
6.596 |
|
|
|
|
|
|
|
|
TOTAL |
|
712.435 |
608.792 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
178.758 |
142.019 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
282.307 |
208.807 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
115.849 |
92.707 |
|
|
Sundry Debtors |
|
169.900 |
122.645 |
|
|
Cash & Bank Balances |
|
25.830 |
26.098 |
|
|
Other Current Assets |
|
0.000 |
0.000 |
|
|
Loans & Advances |
|
66.576 |
74.225 |
|
Total
Current Assets |
|
378.155 |
315.675 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
98.889 |
28.394 |
|
|
Other Current Liabilities |
|
20.079 |
19.796 |
|
|
Provisions |
|
7.817 |
9.519 |
|
Total
Current Liabilities |
|
126.785 |
57.709 |
|
|
Net Current Assets |
|
251.370 |
257.966 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
712.435 |
608.792 |
|
NOTE: Balance sheet for the year 2012 is not available
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
1385.753 |
1155.350 |
809.942 |
|
|
|
Other Income |
4.777 |
7.610 |
6.663 |
|
|
|
TOTAL |
1390.530 |
1162.960 |
816.605 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of material consumed |
1027.976 |
933.789 |
|
|
|
|
Purchase of stock-in-trade |
119.368 |
49.695 |
|
|
|
|
Changes in inventories of finished goods, work-in-progress and
stock-in-trade |
(18.141) |
(9.657) |
|
|
|
|
Employee benefit expenses |
71.774 |
48.716 |
|
|
|
|
Other expenses |
88.563 |
58.146 |
|
|
|
|
TOTAL |
1289.540 |
1080.689 |
742.155 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
100.990 |
82.271 |
74.450 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
29.264 |
16.388 |
14.393 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
71.726 |
65.883 |
60.057 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
21.664 |
15.373 |
16.619 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
50.062 |
50.510 |
43.438 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
20.525 |
19.341 |
16.638 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX |
29.537 |
31.169 |
26.800 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
191.915 |
161.970 |
136.398 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Preference Dividend |
NA |
1.050 |
1.050 |
|
|
|
Tax on Dividend |
NA |
0.174 |
0.178 |
|
|
BALANCE CARRIED
TO THE B/S |
NA |
191.915 |
161.970 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
NA |
5.792 |
1.162 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
NA |
19.503 |
72.832 |
|
|
|
Capital Goods |
NA |
16.062 |
0.000 |
|
|
TOTAL IMPORTS |
NA |
35.565 |
72.832 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
3.05 |
3.40 |
3.28 |
|
|
Particulars |
|
|
31.03.2013 |
|
Sales Turnover (Approximately) |
|
|
1310.000 |
|
|
|
|
(Due to Market Fluctuation) |
The above information has been parted by Mr. Khalid Hussain
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
2.12
|
2.68 |
3.28 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
3.61
|
4.37 |
5.36 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
9.07 |
9.49 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
0.10 |
0.10 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
NA
|
0.35 |
1.03 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
NA
|
2.98 |
5.47 |
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 |
Yes |
|
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 |
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 |
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 |
Yes |
UNSECURED LOAN:
|
Particulars |
31.03.2011 [Rs.
in Millions] |
31.03.2010 [Rs.
in Millions] |
|
Loans from directors |
0.391 |
0.720 |
|
Working capital loans |
16.538 |
19.090 |
|
|
|
|
|
Total |
16.929 |
19.810 |
CORPORATE
INFORMATION:
The Company is a closely
held company domiciled in India and incorporated under the provisions of the
Companies Act, 1956. The company is engaged in the manufacturing and selling of
Flexible Packaging Material.
INDEX CHARGES:
|
S.No. |
Charge ID |
Date of Charge Creation/Modification
|
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10300856 |
18/07/2011 |
120,000,000.00 |
STATE BANK OF BIKANER & JAIPUR |
CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342001, INDIA |
B18296152 |
|
2 |
10268767 |
17/03/2011 * |
31,100,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, Gujarat - 390015, INDIA |
B10054229 |
|
3 |
10247359 |
13/09/2010 |
15,000,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342001, INDIA |
A97702229 |
|
4 |
10239067 |
26/08/2010 |
30,000,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342001, INDIA |
A94370186 |
|
5 |
10184519 |
17/11/2009 |
5,760,000.00 |
Deutsche Postbank Home Finance Limited |
B - 6/7, Community Centre, Safdurjung Enclave,, Opp. Deer Park, New Delhi,
Delhi - 110029, INDIA |
A73098196 |
|
6 |
10184522 |
17/11/2009 |
5,880,000.00 |
Deutsche Postbank Home Finance Limited |
B - 6/7, Community Centre, Safdurjung Enclave,, Opp. Deer Park, New
Delhi, Delhi - 110029, INDIA |
A73098626 |
|
7 |
10176248 |
31/08/2009 |
10,000,000.00 |
ICICI HOME FINANCE COMPANY LIMITED |
ICICI Bank Towers, Bandra-Kurla, Complex Mumbai, Maharashtra - 400051,
INDIA |
A69744704 |
|
8 |
10124632 |
27/08/2008 |
24,000,000.00 |
STATE BANK OF BIKANER & JAIPUR |
CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342001, INDIA |
A47097514 |
|
9 |
10092351 |
02/07/2013 * |
829,800,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342001, INDIA |
B80397839 |
|
10 |
90071059 |
30/06/2003 * |
7,000,000.00 |
STATE BANK OF BIKANER & JAIPUR |
JODHPUR CITY BRANCH, JODHPUR, Rajasthan, INDIA |
- |
|
11 |
90068898 |
17/02/2004 * |
50,000,000.00 |
STATE BANK OF BIKANER & JAIPUR |
JODHPUR CITY BRANCH, JODHPUR, Rajasthan, INDIA |
- |
|
12 |
90068831 |
03/10/2007 * |
27,500,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
JODHPUR CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342003, INDIA |
A25048422 |
|
13 |
90070314 |
28/08/1999 * |
7,000,000.00 |
STATE BANK OF BIKANER & JAIPUR |
JODHPUR CITY BRANCH, JODHPUR, Rajasthan, INDIA |
- |
|
14 |
90069796 |
05/09/2012 * |
360,000,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
CITY BRANCH, KAPRA BAZAR, JODHPUR, Rajasthan - 342001, INDIA |
B58575689 |
|
15 |
90067985 |
16/10/1999 * |
7,000,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
JODHPUR CITY BRANCH, JODHPUR, Rajasthan, INDIA |
- |
|
16 |
90067840 |
22/06/1988 |
1,400,000.00 |
STATE BANK OF BIKANER & JAIPUR |
CITY BRANCH, JODHPUR, Rajasthan, INDIA |
- |
* Date of charge modification
FIXED ASSETS
œ Freehold Land
œ Leasehold Land
œ Building
œ Plant and Machinery
œ Office Equipments
œ Furniture and Fixtures
œ Computers
œ 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 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.61.40 |
|
|
1 |
Rs.99.28 |
|
Euro |
1 |
Rs.83.68 |
INFORMATION DETAILS
|
Information
Gathered by : |
PLK |
|
|
|
|
Report Prepared
by : |
ANK |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--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.