MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
NIPKO ENGINEERING SERVICES PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
PNEN07278F |
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PAN No.: [Permanent Account No.] |
AADCN0668H |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Trader and Service Provider of Electrical Good and Products. |
BUSINESS DETAILS
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Line of Business : |
Trader and Service Provider of Electrical Good and Products. |
GENERAL INFORMATION
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No. of Employees : |
Not
Divulged |
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Bankers : |
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Bank of Maharashtra, Overseas Branch, 1183/A,
Yashomangal, State Bank of |
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Facilities : |
NOTE LONG TERM
BORROWINGS Term loan from ICICI Bank Limited is secured by hypothecation of Toyota Endeavor Vehicle purchased in December, 2012. The tenure of the term loan is 5 years repayable with an EMI of Rs. 0.026 Million. SHORT TERM
BORROWINGS Secured Short term Loans: The company has availed Cash Credit from State Bank of India, Commercial Branch, Tilak Road, Pune. The said CC Limits are secured by Hypothecation of Inventory and Book-debts- not exceeding 150 days. In addition thereto, the said advance is secured by Hypothecation of All Movable Assets of the company. The cash credit limits are renewable every year. Unsecured Other Loans and Advances : Mobilisation Advance
has been taken against the NHAI Project, which shall be adjusted against the
final bill at the end of the Project Term. |
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Banking Relations
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-- |
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Auditors : |
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Name : |
Gokhale, Tanksale and Ghatpande Chartered Accountants |
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Address : |
221, Siddharth Towers, S. No. 12/3B, Sangam Press Road, Kothrud, Pune
- 411038, Maharashtra, India |
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Tel. No.: |
91-20-25469793 |
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Mobile No.: |
91-9820213000 |
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E-Mail : |
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Income-tax
PAN of auditor or auditor's firm : |
AACFG2475H |
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Group Company : |
Signet Products Private Limited |
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Other Related Party : |
Nipko Enterprises |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2013
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Names of Shareholders |
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No. of Shares |
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Narendra Achyutrao Korde |
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7000 |
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Vaidehi Narendra Korde |
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3000 |
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Total |
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10000 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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I.
EQUITY
AND LIABILITIES |
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(1)Shareholders' Funds |
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(a) Share Capital |
0.100 |
0.100 |
0.100 |
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(b) Reserves & Surplus |
13.816 |
9.223 |
2.506 |
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(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
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(2) Share Application money pending allotment |
12.010 |
11.450 |
11.450 |
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Total
Shareholders’ Funds (1) + (2) |
25.926 |
20.773 |
14.056 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
1.923 |
0.960 |
0.000 |
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(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.017 |
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(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
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(d) long-term provisions |
0.000 |
0.000 |
0.000 |
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Total Non-current Liabilities (3) |
1.923 |
0.960 |
0.017 |
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(4) Current Liabilities |
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(a) Short term borrowings |
58.591 |
51.631 |
36.326 |
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(b) Trade payables |
9.648 |
31.167 |
19.731 |
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(c) Other current
liabilities |
3.787 |
7.116 |
0.000 |
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(d) Short-term provisions |
1.000 |
0.462 |
2.506 |
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Total Current Liabilities (4) |
73.026 |
90.376 |
58.563 |
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TOTAL |
100.875 |
112.109 |
72.636 |
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II.
ASSETS |
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(1) Non-current assets |
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(a) Fixed Assets |
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(i) Tangible assets |
3.904 |
2.114 |
2.568 |
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(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital
work-in-progress |
0.000 |
0.000 |
0.000 |
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(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
0.026 |
0.039 |
5.000 |
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(c) Deferred tax assets (net) |
0.116 |
0.056 |
0.000 |
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(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
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(e) Other Non-current assets |
0.000 |
0.000 |
0.052 |
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Total Non-Current Assets |
4.046 |
2.209 |
7.620 |
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(2) Current assets |
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(a) Current investments |
0.000 |
0.000 |
0.000 |
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(b) Inventories |
5.719 |
5.620 |
14.241 |
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(c) Trade receivables |
33.183 |
39.509 |
48.603 |
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(d) Cash and cash
equivalents |
10.270 |
9.645 |
0.089 |
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(e) Short-term loans and
advances |
1.190 |
0.280 |
0.000 |
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(f) Other current assets |
46.467 |
54.846 |
2.083 |
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Total Current Assets |
96.829 |
109.900 |
65.016 |
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TOTAL |
100.875 |
112.109 |
72.636 |
PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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Income |
150.716 |
142.893 |
36.179 |
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Other Income |
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NA |
NA |
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TOTAL |
150.716 |
NA |
NA |
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Less |
EXPENSES |
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TOTAL |
143.558 |
NA |
NA |
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PROFIT BEFORE
TAX |
7.158 |
9.838 |
3.652 |
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Less |
TAX |
2.565 |
3.121 |
1.147 |
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PROFIT AFTER TAX |
4.593 |
6.717 |
2.505 |
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Earnings Per
Share (Rs.) |
459.00 |
671.70 |
250.50 |
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RATING & COMMENTS
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MIRA’s Rating : |
B (27) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
LOCATIONS
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Registered Office : |
102, Neetu Maya CHS, Down German Bakery Lane, Koregaon Park, Pune -
411001, Maharashtra, India |
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Tel. No.: |
91-20-66836200 / 26050953 |
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Fax No.: |
Not Available |
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E-Mail : |
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Area : |
1060 sq. ft. |
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Location : |
Owned |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.