MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

NEEL KANTH FOODGRAIN PROCESSORS PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

DELN09805F

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

6 (Approximately)

 

 

BUSINESS DETAILS

 

Line of Business :

Trader of Food Grains (Rice).

 

 

Terms :

 

Selling :

Depend

 

 

Purchasing :

Depend

 

 

GENERAL INFORMATION

 

Customers :

Retailers and End Users

 

·         Amira Pure Foods Private Limited

 

 

No. of Employees :

6 (Approximately)

 

 

Bankers :

State Bank of India, Chandini Chowk Branch, Delhi, India

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Vishwas Gupta and Associates

Chartered Accountants

Address :

284/13-A, Main Pandav Road, Vishwas Nagar, Shahdara, Delhi – 110032, India

Mobile No. :

91-9968020582

PAN No.:

AKRPG7237N

 

 

MAJOR SHAREHOLDERS

 

AS ON 30.09.2013

 

Names of Shareholders

 

No. of Shares

Ashok Jindal

100000

Darshan Jindal

20000

 

 

Total

120000

 


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

1.200

1.200

1.200

(b) Reserves & Surplus

0.292

0.181

0.134

(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)

1.492

1.381

1.334

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

0.000

0.000

0.000

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(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)

0.000

0.000

0.000

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

0.000

0.000

1.500

(b) Trade payables

68.655

29.118

136.647

(c) Other current liabilities

0.001

69.892

0.000

(d) Short-term provisions

0.070

0.034

0.035

Total Current Liabilities (4)

68.726

99.044

138.182

 

 

 

 

TOTAL

70.218

100.425

139.516

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

0.000

0.000

0.000

(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

0.000

0.000

0.000

(e) Other Non-current assets

0.000

0.000

0.032

Total Non-Current Assets

0.000

0.000

0.032

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

0.000

99.555

2.780

(c) Trade receivables

69.292

0.750

127.508

(d) Cash and cash equivalents

0.907

0.120

9.196

(e) Short-term loans and advances

0.019

0.000

0.000

(f) Other current assets

0.000

0.000

0.000

Total Current Assets

70.218

100.425

139.484

 

 

 

 

TOTAL

70.218

100.425

139.516

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

 

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

450.000

(Approximately)

276.084

300.338

 

 

Other Income

NA

NA

NA

 

 

TOTAL                                    

NA

NA

NA

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

TOTAL                                    

NA

NA

NA

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX 

0.161

0.081

0.101

 

 

 

 

 

Less

TAX                                                                 

0.049

0.034

0.035

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX

0.112

0.047

0.066

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

0.93

0.39

0.55

 

 

Expected Sales (2013-2014) : Rs. 450.000 Millions

 

The above information has been parted by Mr. Darshan Jindal (Director).

 

 

REVIEW OF OPERATION

 

During the year, the company has earned of Rs. 0.161 Million. The net profit for the year has been Rs. 0.112 Million as against Rs. 0.047 Million during the previous financial year. The directors are continuously looking for avenues for future growth of the company

 

 

 

 

 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (28)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow

 

 

Litigation :

Clear

 

 

RBI DEFAILTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

LOCATIONS

 

Registered Office :

2737, 1st Floor, Naya Bazar, Delhi – 110006, India

Tel. No. :

91-11-23696909/ 23908414

Mobile No. :

91-9310818899 (Mr. Darshan Jindal)

Fax No. :

Not Available

E-Mail :

services@rnguptaassociates.com

darshanjindal144@gmail.com

vishwar.gupta.ca@gmail.com

Location :

Rented

 

 

NOTE: The registered office of the company has been shifted from 278, Tarun Enclave, Pitampura, Delhi – 110034, India to the present address w.e.f. 09.07.2012.

 

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