MIRA
INFORM REPORT
|
Report Date : |
06.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
KIRAN UDYOG PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
27 - B/ 7, New |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
10.01.2000 |
|
|
|
|
Com. Reg. No.: |
55-103175 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 92.733 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51399DL2000PTC103175 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELK04676A/ DELK03938E/ DELKO5302D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCK4100H |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturers of Auto Parts. |
|
|
|
|
No. of Employees
: |
1000 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 2400000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. The rating takes into consideration company’s healthy operational risk
profile marked by sound financial base and fair profitability margin of the
company. Trade relations are fair. Business is active. Payment terms are reported to be 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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
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
N E W S
Verdict Implications
: Apex court order may alter coal import dynamics. Traders go slow on talks
over coal supply contracts, uncertainty over cancellation of blocks weigh on
stocks.
Recent arrest of the
Chennai head of the Registrar of Companies, the ministry of corporate affairs
arm that ensures that companies file all the information required by the
Companies Act is the latest manifestation of a messy fight between a father and
his adopted son for the control of Rs 40000 mn business empire. The Central Bureau of Investigation
arrested Manumeethi Cholan
after he accepted Rs 10 lakhs
as bribe from M A M Ramaswamy, a CBI official said.
Central Bureau of
Investigation books Electrotherm for cheating Central
Bank of Rs 4360 mn.
Infosys maintains revenue guidance. COO Rao says attrition still an area of concern and it would
take a few more quarters to bring down levels to 13-15 %.
DHL to invest
Euro 100 mn in India over next 2 years. The firm has
chosen India to pilot its e-commerce business model for the Asia-Pacific
region.
Blackstone may buy
stake in BlueRidge SEZ in line with the fund’s real
estate strategy in India.
Kingfisher Airlines
Ltd grounded in October 2012 under the weight of heavy debt and accumulated
losses, recently approached the Delhi high court for relief in two separate
cases. The airline challenged a notice by Punjab & National Bank alleging
that It had wilfully defaulted on Rs
7700 mn of loans and sought more time to comply with
the requirements under the listing agreements with the Stock Exchanges.
OnMobile likely to sack another 300 employees. The
lay-offs follow a spate of senior-level exits over the past two years, starting
with of its founder. The overall lay-offs could number around 600 and are
driven by the need to cut costs, says a former employee.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
ICRA |
|
Rating |
Term Loans=BBB |
|
Rating Explanation |
Moderate degree of safety and moderate
credit risk. |
|
Date |
October 10. 2014 |
|
Rating Agency Name |
ICRA |
|
Rating |
Unallocated=A3+ |
|
Rating Explanation |
Moderate degree of safety and high credit
risk. |
|
Date |
October 10. 2014 |
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
31-03-2014.
INFORMATION PARTED BY
|
Name : |
Mr. Rajiv Kumar Jain |
|
Designation : |
Director |
|
Contact No.: |
91-9810006680 |
|
Date : |
05.12.2014 |
LOCATIONS
|
Registered Office : |
27 - B/ 7, New Rohtak Road, New Delhi –
110005, India |
|
Tel. No.: |
91-11-25723237/ 25731887 |
|
Fax No.: |
91-11-25728063 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Leased |
|
|
|
|
Factory 1 : |
Plot No. 14, Sector-3, IMT, Manesar, Gurgaon – 122050, Haryana,
India |
|
Tel. No.: |
91-124-4369534, 35, 36 |
|
Fax No.: |
91-124-4369535 |
|
E-Mail : |
|
|
|
|
|
Factory 2 : |
Plot No. 32, Sector-3, IMT, Manesar, Gurgaon – 122050, |
|
Tel. No.: |
91-124-4369510-17/ 4742400-600/ 4369507 |
|
Fax No.: |
91-124-4369507 |
|
E-Mail : |
|
|
|
|
|
Factory 3 : |
Plot No. 147, Sector-4, IMT, Manesar, Gurgaon – 122050, |
|
Tel. No.: |
91-124-4365095-99 |
|
Fax No.: |
91-124-4369507 |
|
E-Mail : |
|
|
|
|
|
Factory 4 : |
Plot No.223-227, Narasopara Indl. Area, Narasopara,
Karnataka – 563133, |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on 30.09.2013
|
Name : |
Mr. Sanjay Kumar Jain |
|
Designation : |
Whole-time Director |
|
Address : |
27-B/7, New |
|
Date of Birth/Age : |
01.07.1961 |
|
Date of Appointment : |
01.04.2012 |
|
PAN No.: |
AAAPJ4672R |
|
DIN No.: |
00234791 |
|
|
|
|
Name : |
Mr. Rajiv Kumar Jain |
|
Designation : |
Whole-time Director |
|
Address : |
27-B/7, New |
|
Date of Birth/Age : |
31.08.1962 |
|
Date of Appointment : |
01.04.2011 |
|
PAN No.: |
AAJPJ1456G |
|
DIN No.: |
00234872 |
|
|
|
|
Name : |
Mr. Arvind Kumar Jain |
|
Designation : |
Whole-time Director |
|
Address : |
27-B/7, New |
|
Date of Birth/Age : |
21.06.1960 |
|
Date of Appointment : |
01.04.2011 |
|
PAN No.: |
AAAPJ4676M |
|
DIN No.: |
00234939 |
|
|
|
|
Name : |
Mr. Vivek Kumar Jain |
|
Designation : |
Whole-time Director |
|
Address : |
27-B/7, New |
|
Date of Birth/Age : |
23.08.1966 |
|
Date of Appointment : |
01.04.2011 |
|
PAN No.: |
AAAPJ4671N |
|
DIN No.: |
00234981 |
|
|
|
|
Name : |
Mrs. Rama Jain |
|
Designation : |
Director |
|
Address : |
27-B/7, New |
|
Date of Birth/Age : |
23.07.1963 |
|
Date of Appointment : |
10.01.2000 |
|
PAN No.: |
AAKPJ6674M |
|
DIN No.: |
00235041 |
|
|
|
|
Name : |
Mrs. Monika Jain |
|
Designation : |
Director |
|
Address : |
27-B/7, New |
|
Date of Birth/Age : |
02.08.1971 |
|
Date of Appointment : |
07.12.2006 |
|
PAN No.: |
AALPJ6313N |
|
DIN No.: |
00235245 |
KEY EXECUTIVES
|
Name : |
Mrs Sakshi Gupta |
|
Designation : |
Secretary |
|
Address : |
F3/3, Krishna Nagar, Delhi-110051, |
|
PAN No.: |
BARPG0230N |
|
Date of Appointment : |
11.02.1987 |
|
Email: |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2013
SHAREHOLDERS DETAILS FILE ATTACHED
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Bodies corporate |
9.95 |
|
Directors or relatives of Directors |
90.05 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturers of Auto Parts. |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Brand Names : |
Not Available |
||||
|
|
|
||||
|
Agencies Held : |
Not Available |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
|
||||
|
Products : |
Raw Material |
||||
|
Countries : |
·
Nigeria ·
Dubai ·
Thailand ·
Japan |
||||
|
|
|
||||
|
Terms : |
|
||||
|
Selling : |
L\C and Credit |
||||
|
|
|
||||
|
Purchasing : |
L\C and Credit |
GENERAL INFORMATION
|
Suppliers : |
Not Divulged |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
End Users |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
1000 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
·
Lakshmi Vilas Bank
Limited, GF-8,9,10, Tolstoy House, #15-17, Tolstoy Marg,
Janpath, New Delhi-110001, India ·
ING Vysya Bank Limited,
23, ·
HDFC Bank Limited, ·
ICICI Bank Limited, ·
Jammu and Kashmir Bank Limited, India ·
Barclays Bank
|
||||||||||||||||||||||
|
|
|
|
Auditors : |
|
|
Name : |
A D Gupta and Associates Chartered Accountant |
|
Address : |
110, First Floor, Usha Kiran
Building, Azadpur, Commercial Complex, Delhi, India
|
|
PAN No.: |
ACCFS7597J |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Relatives of key Management personnel : (As on 31.03.2013) |
·
K U Die Castings Private Limited ·
K K Udyog |
CAPITAL STRUCTURE
As on 31.03.2014
Authorised Capital: Rs.160.000 Millions
Issued, Subscribed & Paid-up Capital: Rs. 92.733 Millions
As on 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
16000000 |
Equity Shares |
Rs.10/- each |
Rs.160.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
9250607 |
Equity Shares |
Rs.10/- each |
Rs.92.506 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are in
Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
92.733 |
87.416 |
82.835 |
|
(b) Reserves & Surplus |
743.286 |
608.354 |
483.725 |
|
(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) |
836.019 |
695.770 |
566.560 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
879.153 |
1020.612 |
922.101 |
|
(b) Deferred tax liabilities (Net) |
85.910 |
72.828 |
55.816 |
|
(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
4.280 |
4.308 |
3.368 |
|
Total Non-current Liabilities (3) |
969.343 |
1097.748 |
981.285 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
723.277 |
662.265 |
585.046 |
|
(b) Trade payables |
620.381 |
532.230 |
435.605 |
|
(c) Other current
liabilities |
282.590 |
307.959 |
322.605 |
|
(d) Short-term provisions |
21.617 |
22.507 |
23.728 |
|
Total Current Liabilities (4) |
1647.865 |
1524.961 |
1366.984 |
|
|
|
|
|
|
TOTAL |
3453.227 |
3318.479 |
2914.829 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i)
Tangible assets |
1776.460 |
1681.314 |
1658.272 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
0.000 |
0.000 |
8.500 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
50.989 |
50.989 |
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 |
0.000 |
|
Total Non-Current Assets |
1827.449 |
1732.303 |
1666.772 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
435.787 |
397.153 |
301.828 |
|
(c) Trade receivables |
867.588 |
903.009 |
711.024 |
|
(d) Cash and cash
equivalents |
57.884 |
36.061 |
26.123 |
|
(e) Short-term loans and
advances |
264.519 |
249.953 |
209.082 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
1625.778 |
1586.176 |
1248.057 |
|
|
|
|
|
|
TOTAL |
3453.227 |
3318.479 |
2914.829 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
4507.825 |
4337.092 |
NA |
|
|
|
Other Income |
39.496 |
40.868 |
NA |
|
|
|
TOTAL |
4547.321 |
4377.960 |
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
3175.533 |
2995.321 |
|
|
|
|
Purchases of Stock-in-Trade |
5.319 |
(32.484) |
|
|
|
|
Employees benefits expense |
337.277 |
350.111 |
|
|
|
|
Manufacturing, Administrative
and others Expenses |
551.993 |
509.552 |
NA |
|
|
|
Exceptional Item |
0.000 |
(3.452) |
|
|
|
|
TOTAL
|
4070.122 |
3939.049 |
|
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
477.199 |
438.911 |
418.309 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
191.077 |
223.473 |
150.461 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
286.122 |
215.428 |
267.848 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
179.320 |
105.191 |
150.347 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
106.802 |
110.247 |
117.501 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
35.685 |
40.593 |
47.613 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
71.117 |
69.654 |
69.888 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
7.91 |
8.41 |
7.55 |
|
The above information has been parted by Mr. Rajiv
Kumar Jain.
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT/Sales) |
(%) |
1.58 |
1.61 |
NA |
|
|
|
|
|
|
|
Operating Profit Margin (PBDIT / Sales) |
(%) |
10.59 |
10.12 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.14 |
3.37 |
4.04 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.13 |
0.16 |
0.21 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.92 |
2.42 |
2.66 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.99 |
1.04 |
0.91 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Millions) |
(Rs. In Millions) |
(Rs. In Millions) |
|
Share Capital |
82.835 |
87.416 |
92.733 |
|
Reserves & Surplus |
483.725 |
608.354 |
743.286 |
|
Net
worth |
566.560 |
695.770 |
836.019 |
|
|
|
|
|
|
long-term borrowings |
922.101 |
1020.612 |
879.153 |
|
Short term borrowings |
585.046 |
662.265 |
723.277 |
|
Total
borrowings |
1507.147 |
1682.877 |
1602.430 |
|
Debt/Equity
ratio |
2.660 |
2.419 |
1.917 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Millions) |
(Rs. In Millions) |
|
Sales |
4337.092 |
4507.825 |
|
|
|
3.937 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Millions) |
(Rs. In Millions) |
|
Sales |
4337.092 |
4507.825 |
|
Profit |
69.654 |
71.117 |
|
|
1.61% |
1.58% |
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 |
No |
|
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 two 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 |
No |
|
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 |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
Yes |
INDEX OF CHARGES
|
Sr. No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10484133 |
20/03/2014 |
32,500,000.00 |
INTEC CAPITAL LIMITED |
701,MANJUSHA, 57
NEHRU PLACE, NEW DELHI - 110019, INDIA |
C00173120 |
|
2 |
10472626 |
06/12/2013 |
7,200,000.00 |
SIEMENS
FINANCIAL SERVICES PRIVATE LIMITED |
130, PANDURANG
BUDHKAR MARG,, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA |
B94240744 |
|
3 |
10471828 |
05/12/2013 |
4,200,000.00 |
THE JAMMU AND
KASHMIR BANK LIMITED |
SADAR BAZAR
BRANCH, DELHI, DELHI - 110006, INDIA |
B94111960 |
|
4 |
10457442 |
11/10/2013 |
2,135,000.00 |
SIEMENS
FINANCIAL SERVICES PRIVATE LIMITED |
130, PANDURANG BUDHKAR
MARG,, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA |
B88251053 |
|
5 |
10457472 |
19/09/2013 |
1,180,000.00 |
SIEMENS
FINANCIAL SERVICES PRIVATE LIMITED |
130, PANDURANG
BUDHKAR MARG,, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA |
B88251418 |
|
6 |
10453366 |
30/08/2013 |
13,000,000.00 |
L & T
FINANCE LIMITED |
L&T HOUSE,,
BALLARD ESTATE,, MUMBAI, MAHARASHTRA |
B86593530 |
|
7 |
10433978 |
11/06/2013 |
100,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE COURCE
CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B78340155 |
|
8 |
10433097 |
10/06/2013 |
100,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B77990976 |
|
9 |
10427558 |
24/04/2013 |
2,862,000.00 |
L & T
FINANCE LIMITED |
L&T HOUSE,,
BALLARD ESTATE,, MUMBAI, MAHARASHTRA |
B75726596 |
|
10 |
10411989 |
19/03/2013 |
61,985,100.00 |
L & T
FINANCE LIMITED |
L&T HOUSE,,
BALLARD ESTATE,, MUMBAI, MAHARASHTRA |
B70816541 |
|
11 |
10462956 |
11/03/2013 |
100,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B78339751 |
|
12 |
10401453 |
11/03/2013 * |
442,000,000.00 |
BANK OF BARODA |
PARLIAMENT STREET
BRANCH, BANK BARODA BUILDING, 16, PARLIAMENT STREET, DELHI - 110001,INDIA |
B71587299 |
|
13 |
10389664 |
03/12/2012 |
104,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B63216014 |
|
14 |
10389666 |
03/12/2012 |
400,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B63216477 |
|
15 |
10398881 |
23/09/2013 * |
11,570,000.00 |
SIEMENS
FINANCIAL SERVICES PRIVATE LIMITED |
130, PANDURANG BUDHKAR
MARG,, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA |
B88983424 |
|
16 |
10396435 |
21/11/2012 |
7,395,889.00 |
SIEMENS
FINANCIAL SERVICES PRIVATE LIMITED |
130, PANDURANG
BUDHKAR MARG,, WORLI, MUMBAI, MAHARASHTRA - 400018, INDIA |
B65705857 |
|
17 |
10384375 |
05/11/2012 |
400,000,000.00 |
ICICI BANK
LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B61308086 |
|
18 |
10358374 |
08/05/2012 |
170,000,000.00 |
GE CAPITAL
SERVICES INDIA |
401, 402, 4TH FLOOR,
AGGARWAL MILLENNIUM TOWER,, E-1,2,3,
NETAJI SUBHASH PLACE, WAZIRPUR,, NEW DELHI, DELHI - 110034, INDIA |
B40703159 |
|
19 |
10301180 |
28/07/2011 |
30,000,000.00 |
GE CAPITAL
SERVICES INDIA |
AIFCS BUILDING,IST
FLOOR,, 1,RAFI MARG,, NEW DELHI, DELHI - 110001, INDIA |
B18420380 |
|
20 |
10287101 |
30/04/2011 |
16,000,000.00 |
INTEC CAPITAL
LIMITED |
701,MANJUSHA, 57
NEHRU PLACE, NEW DELHI - 110019,
INDIA |
B13004239 |
|
21 |
10266740 |
26/04/2012 * |
415,500,000.00 |
JAMMU AND
KASHMIR BANK LTD |
2121-2122,
BAHADURGARG ROAD, SADAR BAZAR, DELHI - |
B39956487 |
|
22 |
10240228 |
22/10/2010 * |
50,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA,, DR. ANNIE
BESANT ROAD, WORLI,, MUMBAI, MAHARASHTRA - 400018,
INDIA |
B00216481 |
|
23 |
10230193 |
28/12/2012 * |
105,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA,, DR. ANNIE
BESANT ROAD, WORLI,, MUMBAI, MAHARASHTRA - |
B66366709 |
|
24 |
10203700 |
04/02/2010 |
11,375,000.00 |
UNITEL CREDIT
PRIVATE LIMITED |
701 MANJUSHA 57,
NEHRU PLACE, SHEIKH SARAI PHASE II,
NEW DELHI - 110019, INDIA |
A79214862 |
|
25 |
10206612 |
19/01/2010 |
10,000,000.00 |
RELIGARE FINVEST
LIMITED |
D3, P3B,,
DISTRICT CENTRE, SAKET, NEW DELHI - 110017, INDIA |
A80626781 |
|
26 |
10190917 |
01/02/2014 * |
260,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA, DR. ANNIE
BESANT ROAD, WORLI,, MUMBAI, MAHARASHTRA - 400018, INDIA |
B95551404 |
|
27 |
10184326 |
27/10/2009 |
21,600,000.00 |
RELIGARE FINVEST
LIMITED |
19, NEHRU
PLACE,, NEW DELHI, DELHI - 110019, INDIA |
A72906068 |
|
28 |
10180241 |
06/10/2009 |
8,400,000.00 |
RELIGARE FINVEST
LIMITED |
19, NEHRU PLACE,,
NEW DELHI, DELHI - 110019, INDIA |
A71044952 |
|
29 |
10115149 |
08/07/2008 |
950,000.00 |
SREI
INFRASTRUCTURE FINANCE LIMITED |
VISHWAKARMA,86C,TOPSIA
ROAD (SOUTH),, KOLKATA, WEST BENGAL - 700046, INDIA |
A42689380 |
|
30 |
10057815 |
20/06/2007 |
6,864,227.00 |
SREI
INFRASTRUCTURE FINANCE LIMITED |
VISHWAKARMA,86C,TOPSIA
ROAD (SOUTH),, KOLKATA, WEST BENGAL - 700046, INDIA |
A17903758 |
|
31 |
10055834 |
22/05/2007 |
2,288,000.00 |
SREI
INFRASTRUCTURE FINANCE LIMITED |
VISHWAKARMA,86C,TOPSIA
ROAD (SOUTH),, KOLKATA, WEST BENGAL - 700046, INDIA |
A16756298 |
|
32 |
10048242 |
28/09/2012 * |
370,000,000.00 |
STATE BANK OF
INDIA |
JAWAHAR VYAPAR
BHAWAN, 14TH FLOOR, TOLSTOY MARG, |
B60524535 |
|
33 |
10023801 |
22/09/2006 |
5,000,000.00 |
GE CAPITAL
SERVICES INDIA |
AIFCS
BUILDING,IST FLOOR,, 1,RAFI MARG,, NEW DELHI, DELHI - 110001, INDIA |
A06101471 |
|
34 |
10002631 |
28/03/2006 |
2,389,213.00 |
ELECTRONICA
FINANCE LIMITED |
128/A, PLOT NO.3,
KAILASHCHANDRA APPARTMENTS,, PAUD ROAD, KOTHRUD, PUNE, MAHARASHTRA - 411038,
INDIA |
A00679407 |
* Date of charge modification
FIXED ASSETS
·
Land
·
Building
·
Plant and Machinery
·
Computer
·
Vehicles
·
Furniture and Fixture
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. 61.85 |
|
|
1 |
Rs. 96.72 |
|
Euro |
1 |
Rs. 76.53 |
INFORMATION DETAILS
|
Information Gathered
by : |
PRT |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
KLS |
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 |
5 |
|
--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 |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER
|
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
45 |
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.