1. Summary Information
|
Country |
India |
||
|
Company Name |
POYSHA
PACKAGING PRIVATE LIMITED |
Principal Name 1 |
Mr. Sandeep Kumar |
|
Status |
Satisfactory |
Principal Name 2 |
Mr. Narender Kumar |
|
Registration # |
55-123895 |
||
|
Street Address |
Flat No. A – 71, Himalayan Co – Operative Group Housing, Society
Limited, Plot No. 10, Sector – 22, Dwarka, New Delhi - 110075 |
||
|
Established Date |
06.01.2004 |
SIC Code |
-- |
|
Telephone# |
NA |
Business Style 1 |
Manufacturer |
|
Fax # |
NA |
Business Style 2 |
Exporter |
|
Homepage |
Product Name 1 |
Food Packaging Material |
|
|
# of employees |
50 (Approximately) |
Product Name 2 |
-- |
|
Paid up capital |
Rs.9,934,000/- |
Product Name 3 |
-- |
|
Shareholders |
Bodies corporate 15% Directors or relatives of Directors 85% |
Banking |
HSBC Bank |
|
Public Limited Corp. |
No |
Business Period |
10 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
Ba
(44) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Associates
|
-- |
Pioneer Industries |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
235,461,000 |
Current Liabilities |
51,733,000 |
|
Inventories |
67,153,000 |
Long-term Liabilities |
226,491,000 |
|
Fixed Assets |
55,704,000 |
Other Liabilities |
6,381,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
284,605,000 |
|
Invest& other Assets |
0,000 |
Retained Earnings |
63,779,000 |
|
|
|
Net Worth |
73,713,000 |
|
Total Assets |
358,318,000 |
Total Liab. & Equity |
358,318,000 |
|
Total Assets (Previous Year) |
298,533,000 |
|
|
|
P/L Statement as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Sales |
477,346,000 |
Net Profit |
8,104,000 |
|
Sales(Previous yr) |
556,532,000 |
Net Profit(Prev.yr) |
6,081,000 |
MIRA INFORM REPORT
|
Report Date : |
09.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
POYSHA PACKAGING PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Flat No. A – 71, Himalayan Co – Operative Group Housing, Society
Limited, Plot No. 10, Sector – 22, Dwarka, New Delhi - 110075 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
06.01.2004 |
|
|
|
|
Com. Reg. No.: |
55-123895 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.9.934 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U54950DL2004PTC123895 |
|
|
|
|
IEC No.: |
0507047141 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCP7033L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer, Exporter of Food Packaging Material. |
|
|
|
|
No. of Employees
: |
50 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (44) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 295000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. Trade relations are reported as fair. Business is active. Payments
terms are usually correct. The company can be considered for business dealings at usual trade
terms and conditions. |
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 – December 1, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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
India’s current account deficit for the fiscal third quarter ended September
2013 narrowed to $4.2 billion or 0.9 % of the gross domestic product from $31.9
billion or 6.5 % of GDP a year earlier, thanks to a pick-up in exports and
moderation in gold imports. Manufacturing activity and new orders in India
showed their strongest growth in a year in February. The news comes as a relief
after data showed Asia’s third largest economy grew by a slower-than-expected
4.7 % annually in the three months through December. The HSBC Manufacturing
Purchasing Managers’ Index which gauges the business activity of India’s
factories but not its’ utilities, rose to 52.5 in February, its highest in a
year from 51.4 in January. Overall new orders for factory goods which rose to a
one-year high of 54.9 contributed to the surge. China has emerged as India’s
biggest trading partner in the current financial year replacing the United Arab
Emirates and pushing it to the third spot. India-China trade has reached $49.5
billion with a 8.7 % share in India’s total trade. The US comes second at $46
billion with 8.1 % share during the first nine months of the current financial
year.
The Reserve Bank of India has granted an additional nine months to the
public to exchange currency notes printed before 2005 including Rs 500 and Rs
1,000 denominations, pushing the deadline to January 1, 2015. A day before
dates for the Lok Sabha polls were announced, the government decided to hike
interest rates on fixed deposit schemes offered by post offices up to 0.2 per
cent. The new rates will be effective April, 1. The Supreme Court will resume
hearing on March, 11 Nokia’s appeal against a ruling over transferring
ownership of its local mobile phones plant which is the subject of a tax
dispute to Microsoft Corp.
In the last days of the current Government, another scam has surfaced.
The defence ministry has ordered a probe into Hindustan Aeronautics Limited’s
contracts from Britain’s Rolls-Royce Holdings worth at least $ 1.2 billion. The
Central Bureau of Investigation will look into allegations that over $80
million was paid in kickbacks in a deal signed in 2011. India has asked Boeing
Co. to find a solution for problems with state-owned Air India’s 787
Dreamliners. The aircraft has experienced a series of malfunctions since its
debut in 2011.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
SME-3 |
|
Rating Explanation |
Above average credit quality. It carry low
credit risk. |
|
Date |
October 2012 |
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. Manoj Singh |
|
Designation : |
Export Department |
|
Contact No.: |
91-9650299325 |
|
Date : |
05.04.2014 |
|
Name : |
Mr. Sushil Gupta |
|
Designation : |
Account Department |
|
Contact No.: |
91-9650299345 |
|
Date : |
05.04.2014 |
LOCATIONS
|
Registered Office : |
Flat No. A – 71, Himalayan Co – Operative Group Housing, Society
Limited, Plot No. 10, Sector – 22, Dwarka, New Delhi – 110075, India |
|
Tel. No. : |
Not Available |
|
Mobile No. : |
91-9650299325 (Mr. Manoj Singh) 91-9650299345 (Mr. Sushil Gupta) |
|
Fax No. : |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Factory : |
N-30, National Steel Compound Patel Marg, Meerut Road,
Ghaziabad-201003, |
|
Tel. No.: |
91-120-4158005 / 4158006 |
|
Mobile No.: |
91-9359525953 / 9818165000 (Mr. Sandeep Kansal) |
|
Fax No.: |
91-120-2701377 |
|
E-Mail : |
|
|
Area : |
3000 Sq. ft |
|
Location : |
Rented |
DIRECTORS
As on 30.09.2013
|
Name : |
Mr. Sandeep Kumar |
|
Designation : |
Director |
|
Address : |
R-13/117, Raj Nagar, Ghaziabad-201002, |
|
Date of Birth/Age : |
01.05.1970 |
|
Qualification : |
B Tech |
|
Date of Appointment : |
30.11.2004 |
|
DIN No. : |
00368934 |
|
|
|
|
Name : |
Mr. Narender Kumar |
|
Designation : |
Director |
|
Address : |
R-14/10, Raj Nagar, Ghaziabad-201002, |
|
Date of Birth/Age : |
15.03.1962 |
|
Qualification : |
BSC Agriculture |
|
Date of Appointment : |
20.10.2008 |
|
DIN No. : |
00368980 |
|
|
|
|
Name : |
Mr. Abhas Kumar |
|
Designation : |
Director |
|
Address : |
R-14/10, Raj Nagar, Ghaziabad-201002, |
|
Date of Birth/Age : |
21.06.1984 |
|
Date of Appointment : |
23.04.2012 |
|
DIN No. : |
05268720 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Sandeep Kumar |
269970 |
|
Raj Rani |
30000 |
|
Sandeep Kumar on behalf of Master Yash Kansal |
30000 |
|
Banarshi Dass Verma |
700 |
|
Sanjay Kansal |
300 |
|
Brahmanand Gupta |
100 |
|
M/S. Narendra Kumar and Company |
56000 |
|
Mili Goel |
10 |
|
Neeraj Goel |
10 |
|
Ved Prakash Goel |
10 |
|
S. H. Polymers Private Limited |
10 |
|
Splendour Auto Private Limited |
145000 |
|
Narendra Kumar |
461300 |
|
Divya Gaeg |
10 |
|
Gaurav Kansal and Sons |
10 |
|
Rupali |
10 |
|
|
|
|
Total |
993440 |
As on 30.09.2013
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage of Holding |
|
Bodies corporate |
15.00 |
|
Directors or relatives of Directors |
85.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer, Exporter of Food Packaging Material. |
|
|
|
|
Products : |
|
|
|
|
|
Exports : |
|
|
Products : |
Finished Goods |
|
Countries : |
|
|
|
|
|
Imports : |
|
|
Products : |
Raw Material |
|
Countries : |
|
|
|
|
|
Terms : |
|
|
Selling : |
L/C and Credit |
|
|
|
|
Purchasing : |
L/C and Credit |
GENERAL INFORMATION
|
Customers : |
End Users Ø Tata Tea Limited Ø Parle Products Ø Tata
International Limited Ø Godfrey Phillips
India Limited Ø Warner and
Warner, USA Ø KRBL Limited
(india Gate Rice) Ø Capital Foods
Limited Ø Mawana Sugar
Works Ø Albadr and
Almuaini General Trading, Dubai, UAE Ø Indo European
Foods Limited (U.K.) Ø Reliance Food
Processing Solution Limited |
|||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
50 (Approximately) |
|||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
Ø HSBC Bank, Barakhamba
Road, New Delhi , India Tel No. : 91-11-41490715 Ø The Hongkong and
Shanghai Banking Corporation Limited, 25, Barakhamba Road, Birla Tower, New
Delhi – 110001, India Ø Bank of India,
G.T. Road, Ghaziabad – 201001, Uttar Pradesh, India Ø Oriental Bank of
Commerce, IMT Raj Nagar, Ghaziabad – 201001, Uttar Pradesh, India |
|||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
NOTE: Term loan and cash credit limits from Bank of India are also collaterally
secured by equitable mortgage of industrial property No. N-26, 27, 28, 29 and
30, part of Khasra No 730, National Steel Com[ound. Gokhna and Industrial Property at N-21, N-22, and N-23 Meerut Road
Indl. Area, patel Marg Ghaziabad standing in the name of one of the director
of company and hypothecation of existing and furture fixed assets of the
company. |
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Anil Vaish and Company Chartered Accountants |
|
Address : |
C-98, RDC, Raj Nagar, Ghaziabad – 201002, Uttar Pradesh, India |
|
Tel. No. : |
91-120-2822234 / 35 / 36 |
|
|
|
|
Associates : |
v Pioneer Industries v Genrsis Bistro (Private) Limited v AVN Esate (Private) Limited v Genesis Medicare (Private) Limited v Lucky Tex International v Meta Plast Engineering Company v Narendra Kumar an Company |
CAPITAL STRUCTURE
As on 31.03.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
993440 |
Equity Shares |
Rs.10/- each |
Rs.9.934 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are in
Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES
OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
|
|
|
I. EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders'
Funds |
|
|
|
|
(a) Share Capital |
9.934 |
9.934 |
4.934 |
|
(b) Reserves & Surplus |
63.779 |
55.676 |
49.595 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2)
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
73.713 |
65.610 |
54.529 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
121.431 |
91.712 |
80.522 |
|
(b) Deferred tax liabilities (Net) |
4.131 |
2.762 |
2.897 |
|
(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
125.562 |
94.474 |
83.419 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short term borrowings |
105.060 |
89.386 |
78.803 |
|
(b) Trade payables |
38.140 |
41.992 |
26.289 |
|
(c) Other current liabilities |
13.593 |
4.171 |
2.722 |
|
(d) Short-term provisions |
2.250 |
2.900 |
3.700 |
|
Total
Current Liabilities (4) |
159.043 |
138.449 |
111.514 |
|
|
|
|
|
|
TOTAL |
358.318 |
298.533 |
249.462 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i) Tangible assets |
55.704 |
65.102 |
63.230 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term Loan and Advances |
1.156 |
1.097 |
1.197 |
|
(e) Other Non-current assets |
0.000 |
0.012 |
0.067 |
|
Total
Non-Current Assets |
56.860 |
66.211 |
64.494 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
67.153 |
98.143 |
77.368 |
|
(c) Trade receivables |
46.436 |
60.508 |
54.665 |
|
(d) Cash and cash equivalents |
2.772 |
5.379 |
4.862 |
|
(e) Short-term loans and advances |
185.097 |
68.292 |
48.073 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
301.458 |
232.322 |
184.968 |
|
|
|
|
|
|
TOTAL |
358.318 |
298.533 |
249.462 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
477.346 |
556.532 |
|
|
|
|
Other Income |
23.470 |
18.874 |
|
|
|
|
TOTAL |
500.816 |
575.406 |
|
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Material Consumed |
348.073 |
453.962 |
|
|
|
|
Changes in Inventory of foinished and semi-finished Goods |
19.504 |
(15.920) |
|
|
|
|
Employee benefit expenses |
21.426 |
16.158 |
|
|
|
|
Other expenses |
61.176 |
74.763 |
|
|
|
|
TOTAL |
450.179 |
528.963 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
50.637 |
46.443 |
|
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
30.792 |
28.156 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
19.845 |
18.287 |
NA |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION |
8.118 |
9.388 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
11.727 |
8.899 |
|
|
|
|
|
|
|
|
|
|
Less |
TAX |
3.623 |
2.818 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
8.104 |
6.081 |
|
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
26.116 |
20.035 |
|
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
34.219 |
26.116 |
|
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings (F.O.B value) |
185.389 |
215.871 |
|
|
|
TOTAL EARNINGS |
185.389 |
215.871 |
|
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
NA |
|
|
|
|
Raw Materials |
11.331 |
0.542 |
|
|
|
TOTAL IMPORTS |
11.331 |
0.542 |
|
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
8.160 |
11.210 |
|
|
Expected Sales (2013-2014): Rs.670.000 Millions
The above information has been parted by Mr. Sushil Gupta
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
1.62 |
1.06 |
NA |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
2.46 |
1.60 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.27 |
2.98 |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.16 |
0.13 |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
3.07 |
2.76 |
2.92 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.89 |
1.68 |
1.66 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
4.934 |
9.934 |
9.934 |
|
Reserves & Surplus |
49.595 |
55.676 |
63.779 |
|
Net
worth |
54.529 |
65.610 |
73.713 |
|
|
|
|
|
|
long-term borrowings |
80.522 |
91.712 |
121.431 |
|
Short term borrowings |
78.803 |
89.386 |
105.06 |
|
Total
borrowings |
159.325 |
181.098 |
226.491 |
|
Debt/Equity
ratio |
2.922 |
2.760 |
3.073 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
556.532 |
477.346 |
|
|
(14.228) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
556.532 |
477.346 |
|
Profit |
6.081 |
8.104 |
|
|
1.09% |
1.70% |
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 |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
Yes |
|
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 |
No |
NOTE:
The registered address of the company has been shifted from Plot No. 10,
Sector 22, Dwarika, New Delhi-110045, India to the present address w.e.f.
20.02.2012
UNSECURED LOANS
|
PARTICULAR |
31.03.2013 (Rs.
in Millions) |
31.03.2012 (Rs.
in Millions) |
|
LONG TERM
BORROWINGS |
|
|
|
From Shareholders |
113.303 |
72.780 |
|
From Body Corporates |
0.000 |
3.458 |
|
|
|
|
|
Total |
113.303 |
76.238 |
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10361619 |
30/05/2012 |
40,000,000.00 |
The Hongkong
& Shanghai Banking Corporation Limited |
25, Barakhamba
Road, Birla Tower, New Delhi, Delhi - 110001, INDIA |
B42035568 |
|
2 |
10194270 |
21/05/2010 * |
95,000,000.00 |
Bank of India |
G.T.Road,
Ghaziabad, Uttar Pradesh - 201001, INDIA |
A86961307 |
|
3 |
10194269 |
18/11/2009 |
12,600,000.00 |
BANK OF INDIA |
G.T.ROAD,
GHAZIABAD, Uttar Pradesh - 201001, INDIA |
A76340785 |
|
4 |
10194268 |
18/11/2009 |
25,000,000.00 |
BANK OF INDIA |
G.T.ROAD,
GHAZIABAD, Uttar Pradesh - 201001, INDIA |
A76340116 |
* Date of charge modification
FIXED ASSETS
Ø Air Conditioners
Ø Computer
Ø D.G Set
Ø Furniture and Fixture
Ø Fire Extinguisher
Ø Office Equipment
Ø Lab Equipment
Ø Submersible Pump
Ø Telecom Instruments
Ø Weighing Machines
Ø Plant and Machinery
Ø Electrical Installation
Ø Inverter
Ø Rubber Rollers
Ø Printing Cylinder
Ø Car
Ø Commercial Vehicle
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.61.67 |
|
|
1 |
Rs.100.65 |
|
Euro |
1 |
Rs.84.25 |
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 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
44 |
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.