MIRA
INFORM REPORT
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Report Date : |
09.12.2014 |
IDENTIFICATION DETAILS
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Name : |
FLOWKEM POLY PLAST PRIVATE LIMITED |
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Registered
Office : |
Flat-05, Shakun Habitat, 09 Prerna Park Society, Saraswati School, Near L.G Corner, Maninagar, Ahmedabad - 380008, Gujarat |
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Country : |
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Date of
Incorporation : |
02.07.2014 |
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Com. Reg. No.: |
079977 |
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Capital Investment
/ Paid-up Capital : |
Rs. 10.000 Millions |
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CIN No.: [Company Identification
No.] |
U25200GJ2014PTC079977 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
AHMF00912C |
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PAN No.: [Permanent Account No.] |
Not Available |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
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Manufacturer of C PVC Pipes and Fittings. |
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No. of Employees
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Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company incorporated as on 02.07.2014 and yet to
establish itself gradually. Our executive were unable to contact the company. Payment terms are unknown. The company can be considered for business dealings on a fully safe
and secured trade terms and condition. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
EXTERNAL AGENCY RATING
NOT AVAILABLE
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 DECLINED
UNABLE TO CONTACT THE COMPANY
LOCATIONS
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Registered Office : |
Flat-05, Shakun Habitat, 09 Prerna Park Society, Saraswati
School, Near L.G Corner, Maninagar, Ahmedabad - 380008, Gujarat, India |
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Tel. No. : |
Not Available |
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Fax No. : |
Not Available |
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E-Mail : |
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Website : |
DIRECTORS
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Name : |
Mr. Pankaj Jamnadas Makwana |
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Designation : |
Director |
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Address : |
005, Shrusti-5, Patel Society, Opposite Ramujilal Hall, Vallabhwadi,
Jawahar Chok, Maninagar, Ahmedabad – 380008, Gujarat, India |
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Date of Birth/Age : |
01.07.1972 |
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Date of Appointment : |
02.07.2014 |
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DIN No. : |
06846739 |
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Name : |
Mr. Shaileshkumar Raghavbhai Sarania |
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Designation : |
Director |
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Address : |
Flat-05, Shukun Habitat, 09 Prerna Park Society, Saraswati School, Nr.
L.G. Corner, Maninagar, Ahmedabad – 380008, Gujarat, India |
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Date of Birth/Age : |
03.10.1979 |
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Date of Appointment : |
02.07.2014 |
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DIN No. : |
06846778 |
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Name : |
Mr. Bharatkumar Jamanadas Makwana |
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Designation : |
Director |
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Address : |
D-21, Dharmbhumi Appartment, Baroda Express Highway, C.T.M. Ahmedabad
– 380026, Gujarat India |
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Date of Birth/Age : |
01.06.1969 |
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Date of Appointment : |
02.07.2014 |
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DIN No. : |
06846709 |
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Name : |
Mr. Ketan Raghav Sarniya |
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Designation : |
Director |
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Address : |
5, 3rd Floor, Shukun Habitat Appartment, Near L.G. Corner,
Maninagar Ahmedabad – 380008, Gujarat, India
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Date of Birth/Age : |
24.01.1975 |
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Date of Appointment : |
02.07.2014 |
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DIN No. : |
06846734 |
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Name : |
Bhavisha Shailesh Sarania |
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Designation : |
Director |
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Address : |
5, Shukun Habitat Appartment, B/H L. G. Ground, Maninagar – 380008,
Gujarat, India |
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Date of Birth/Age : |
07.10.1981 |
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Date of Appointment : |
02.07.2014 |
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DIN No. : |
06846717 |
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Name : |
Pragnaben Bharatbhai Makvana |
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Designation : |
Director |
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Address : |
D-21, Dharmbhumi Appartment, Ramol Road, C.T.M. Amraiwadi, Ahmedabad –
380026, Gujarat India |
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Date of Birth/Age : |
15.06.1972 |
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Date of Appointment : |
02.07.2014 |
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DIN No. : |
06846757 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 16.06.2014
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Names of Shareholders |
No. of Shares |
Percentage of
Holding |
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Pankaj Jamnadas Makwana |
1667 |
16.67 |
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Bharatkumar Jamanadas Makwana |
1667 |
16.67 |
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Pragnaben Bharatbhai Makvana |
1666 |
16.66 |
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Shaileshkumar Raghavbhai Sarania |
1667 |
16.67 |
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Bhavisha Shailesh Sarania |
1666 |
16.66 |
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Ketan Raghav Sarniya |
1667 |
16.67 |
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Total |
10000 |
100.00 |
Allottees as on 18.10.2014
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Names of Allottees |
No. of Shares |
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Pankaj Jamnadas Makwana |
165000 |
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Bharatkumar Jamanadas Makwana |
115000 |
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Pragnaben Bharatbhai Makvana |
165000 |
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Shaileshkumar Raghavbhai Sarania |
165000 |
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Bhavisha Shailesh Sarania |
165000 |
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Ketan Raghav Sarniya |
215000 |
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Total |
990000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of C PVC Pipes and Fittings. |
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Exports : |
-- |
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Imports : |
-- |
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Terms : |
-- |
PRODUCTION STATUS:
NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Available |
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Bankers : |
Canara Bank, Odhav GIDC Road Branch, 1st Floor,
Raghuvir Complex, Odhav, Ahmedabad - 382415, Gujarat, India |
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Auditors : |
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Name : |
Bhavik A. Shah Chartered Accountant |
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Associates/Subsidiaries : |
-- |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Millions |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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1000000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Millions |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
NEW COMPANY
LOCAL AGENCY FURTHER INFORMATION
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Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
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1] |
Year of Establishment |
Yes |
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2] |
Locality of the firm |
Yes |
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3] |
Constitutions of the firm |
Yes |
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4] |
Premises details |
No |
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5] |
Type of Business |
Yes |
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6] |
Line of Business |
Yes |
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7] |
Promoter's background |
Yes |
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8] |
No. of employees |
No |
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9] |
Name of person contacted |
No |
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10] |
Designation of contact
person |
No |
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11] |
Turnover of firm for last
three years |
No |
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12] |
Profitability for last
three years |
No |
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13] |
Reasons for variation
<> 20% |
----- |
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14] |
Estimation for coming financial
year |
No |
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15] |
Capital in the business |
Yes |
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16] |
Details of sister
concerns |
No |
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17] |
Major suppliers |
No |
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18] |
Major customers |
No |
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19] |
Payments terms |
No |
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20] |
Export / Import details
(if applicable) |
No |
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21] |
Market information |
----- |
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22] |
Litigations that the firm
/ promoter involved in |
----- |
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23] |
Banking Details |
Yes |
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24] |
Banking facility details |
Yes |
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25] |
Conduct of the banking
account |
----- |
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26] |
Buyer visit details |
----- |
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27] |
Financials, if provided |
No |
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28] |
Incorporation details, if
applicable |
Yes |
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29] |
Last accounts filed at
ROC |
No |
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30] |
Major Shareholders, if
available |
Yes |
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31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
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32] |
PAN of
Proprietor/Partner/Director, if available |
No |
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33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
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34] |
External Agency Rating,
if available |
No |
CURRENT MATURITIES
OF LONG TERM DEBTS: NOT AVAILABLE
INDEX OF CHARGES
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S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
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1 |
10525014 |
30/09/2014 |
45,000,000.00 |
CANARA BANK |
ODHAV GIDC ROAD BRANCH, 1ST FLOOR, RAGHUVIR COMPLEX, ODHAV, AHMEDABAD, GUJARAT - 382415, INDIA |
C28754869 |
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
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.93 |
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1 |
Rs.96.37 |
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Euro |
1 |
Rs.76.10 |
INFORMATION DETAILS
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Information Gathered
by : |
SVA |
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
MRI |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.