MIRA
INFORM REPORT
|
Report Date : |
07.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
ANSAPACK PRIVATE LIMITED (w.e.f. 26.02.2011) |
|
|
|
|
Formerly Known
As : |
ANSA PRINTPACK PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
30, Simplex Mills Compound,1st Floor, K K Marg, Sant Gadge Maharaj
Chowk, Mahalaxmi (East), Mumbai-400011, Maharashtra |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
28.12.1994 |
|
|
|
|
Com. Reg. No.: |
11-084095 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 40.229 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U21000MH1994PTC084095 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMA21835C |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACA4849G |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Packing Materials, Corrugated Cartoons and
Aluminium Foil. |
|
|
|
|
No. of Employees
: |
125 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 1400000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. Trade relations are reported to be fair. Business is active. Payment terms
are reported to be usually correct. The company can be considered for business dealing 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.
INDIAN ECONOMIC OVERVIEW
The services sector, the largest contributor to India’s GDP, contracted
for the sixth consecutive month in December, as orders dipped. However, hiring
has risen. Direct tax collections rose 12.3 % during the April – December
period of the current financial year. The government has decided to
retain 100 per cent foreign direct investment in both greenfield (new) and
brown field (existing) pharmaceutical companies, despite concerns over genetic
drugs going out of production, if multi-national companies take over domestic
ones. In M&A deals, a non compete clause would not be allowed, except in
special circumstances. The Department of Industrial Policy and Promotion plans
to release the next edition of its consolidated foreign direct investment
policy document on March 31, incorporating changes made in the past year. DIPP
compiles all policies related to India’s FDI regime into a single document to
make it easy for investors to understand. 185 million estimated number of
mobile internet users in India by June 2014, according to a report by the
Internet & Mobile Association of India and IMRB International. India
had 110 million mobile internet users with 25 million in rural areas. $3.77 tn
estimated global IT spending in 2014, according to research firm Gartner Inc.
The growth forecast for this year is cut to 3.1 %from the earlier estimate of
3.5 %. The spending growth forecast for telecom services – a segment that accounts
for more than 40 % at total IT spending – from 1.9 per cent to 1.2 per cent is
the main reason for this overall IT cut. A Reserve Bank of India committee has
recommended setting up a special category of lenders who would cater to small
businesses and households, to expand the number of customers with access to
banking services. These banks would focus onproviding payment services and
deposit products. Indian banks want the free use of automated teller
machines to be capped at five transactions in a month including that of the
bank in which the account is active. This follows state government order to
banks to install security guards at ATM booths after a woman banker was
assaulted in Bangalore. The government is likely to present a vote on Account
in mid-February. The annual Economic Survey will be tabled later in Parliament
along with the full Budget. A full Budget for 2014/15 is likely to be present
in July by the new government formed after the General Election. The government
will soon launch an internet spy system, called Netra, to detect malafide
messages. Security agency will deploy the system to capture dubious voice
traffic on applications such as Skype and Google Talk, as well as tweeters.
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. Dhiraj Sharma |
|
Designation : |
Accounts Executive |
|
Contact No.: |
91-9867020252 |
|
Date : |
07.02.20114 |
LOCATIONS
|
Registered Office / Corporate Office : |
30, Simplex Mills Compound,1st Floor, K K Marg, Sant Gadge
Maharaj Chowk, Mahalaxmi (East), Mumbai-400011, Maharashtra, India |
|
Tel. No.: |
91-22-23020260 / 23020253 |
|
Mobile No.: |
91-9867020252 (Mr. Dhiraj Sharma) |
|
Fax No.: |
91-22-23006409 / 23006405 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1500 Sq. ft. |
|
Location : |
Rented |
|
|
|
|
Factory 1 : |
12, Industrial Estate, Opposite Swastik Oil Mill, Ambernath, Thane -
421501, |
|
Tel. No.: |
91-251-2684092 |
|
Area : |
25000 sq ft |
|
Location : |
Owned |
|
|
|
|
Factory 2 : |
Block No. 52m
Mouje Kunvada, Taluka-Mangrol, District |
|
Area : |
50000 sq ft |
|
Location : |
Owned |
DIRECTORS
As on 30.09.2013
|
Name : |
Mr. Arvind Premnath Agarwal |
|
Designation : |
Director |
|
Address : |
6/1, Mitra Kunj, 16-A, Pedder Road, Mumbai – 400026, Maharashtra, India |
|
Date of Birth/Age : |
06.01.1955 |
|
Qualification : |
B. Sc |
|
Date of Appointment : |
28.12.1994 |
|
DIN No. |
00391757 |
|
PAN No.: |
AAGPA0124R |
|
|
|
|
Name : |
Mr. Prakash Kanayalal Makhija |
|
Designation : |
Director |
|
Address : |
Suhas Apartment, Off. L. Jagmohandas Marg, Mumbai – 400006, Maharashtra, India |
|
Date of Birth/Age : |
08.07.1954 |
|
Qualification : |
B. Sc |
|
Date of Appointment : |
18.04.1995 |
|
DIN No. |
00152971 |
|
|
|
|
Name : |
Mr. Anil Gopal Sharma |
|
Designation : |
Director |
|
Address : |
A-7, Parekh Apartments, Raheja Towership, Malad (East), Mumbai – 400097, Maharashtra, India |
|
Date of Birth/Age : |
13.11.1958 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
15.12.2003 |
|
DIN No. |
01096010 |
|
|
|
|
Name : |
Mr. Gautam Arvind Agarwal |
|
Designation : |
Director |
|
Address : |
6/1, Mitra Kunj, 16/A, Peddar Road, Mumbai-400026, Maharashtra, India |
|
Date of Birth/Age : |
21.12.1987 |
|
Date of Appointment : |
16.06.2010 |
|
DIN No. |
03123911 |
|
PAN No.: |
AINPA0315M |
|
|
|
|
Name : |
Mr. Aditya Arvind Agarwal |
|
Designation : |
Director |
|
Address : |
6/1, Mitra Kunj, 16/A, Peddar Road, Mumbai-400026, Maharashtra, India |
|
Date of Birth/Age : |
21.12.1987 |
|
Date of Appointment : |
24.05.2013 |
|
DIN No. |
06611039 |
|
PAN No.: |
AIKPA7891F |
KEY EXECUTIVES
|
Name : |
Mr. Dhiraj Sharma |
|
Designation : |
Accounts Executive |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2013
|
Names of Shareholders |
|
No. of Shares |
|
Nifty Holdings Private Limited, India |
|
674424 |
|
Emblem Holdings Private Limited, India |
|
546924 |
|
Gaiety Holdings Private Limited, India |
|
546924 |
|
Nandan S. Damani |
|
164424 |
|
Saidarshan Business Centres Private Limited, India |
|
164424 |
|
Arvind Premnath Agarwal |
|
490416 |
|
Premnath Agarwal, Karta, Premnath B Agarwal, HUF |
|
326400 |
|
Piramal Corporate Services Limited, India |
|
907953 |
|
Racha Agarwal |
|
25500 |
|
Janak Agarwal |
|
19380 |
|
Premdas B. Agarwal |
|
1020 |
|
Aditya Agarwal Investments (Bombay) Private Limited, India |
|
36924 |
|
Alpex Holdings Private Limited, India |
|
59058 |
|
Alpex Power Private Limited, India |
|
59058 |
|
VKT Ventures LLP, India |
|
51 |
|
Total |
|
4022880 |
As on 30.09.2013
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Bodies corporate |
75.00 |
|
Directors or relatives of Directors |
13.00 |
|
Other top fifty shareholders |
12.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Packing Materials, Corrugated Cartoons and Aluminium Foil. |
||||||||||
|
|
|
||||||||||
|
Products : |
|
||||||||||
|
|
|
||||||||||
|
Exports : |
|
||||||||||
|
Products : |
Finished Goods |
||||||||||
|
Countries : |
·
France ·
Bangladesh |
||||||||||
|
|
|
||||||||||
|
Imports : |
|
||||||||||
|
Products : |
Aluminium Foils Paper Board. |
||||||||||
|
Countries : |
·
China ·
Malaysia |
||||||||||
|
|
|
||||||||||
|
Terms : |
|
||||||||||
|
Selling : |
L/C / Open Credit |
||||||||||
|
|
|
||||||||||
|
Purchasing : |
L/C / Open Credit |
GENERAL INFORMATION
|
Suppliers : |
Hindalco Limited |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Customers : |
Wholesalers, Retailers and Manufacturer ·
Piramal Healthcare Limited |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
No. of Employees : |
125 (Approximately) |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Bankers : |
· Kotak Mahindra Bank Limited, 36-38a, Nariman Bhavan, 227, D, Nariman Point, Mumbai - 400021, Maharashtra, India · Tel. No.: 91-22-66581100 · Axis Bank Limited, Credit Management Centre, Unit No.6, Corporate Park Sion Trombay Road, Chembur, Mumbai - 400071, Maharashtra, India ·
Yes Bank Limited, 9th Floor, Nehru Centre,
Discovery of India, Dr. Annie Besant
Road, Worli, Mumbai - 400018, Maharashtra, India ·
HDFC Bank Limited |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Facilities : |
Consortium Facility Fund and Non Fund Rs.540.000 Millions (From
Axis Bank Limited) (Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
--- |
|
|
|
|
Financial Institution : |
· TATA Capital Financial Services Limited, One Forbes, Dr. V. B. Gandhi Marg, Fort, Mumbai - 400001, Maharashtra, India · Siemens Financial Services Private Limited, 130, Pandurang Budhkar Marg, Worli, Mumbai - 400018, Maharashtra, India |
|
|
|
|
Auditors : |
|
|
Name : |
Vijay Rungta and Company Chartered Accountants |
|
Address : |
4/88, Nityanand Nagar, S N Marg, Opposite Railway Station, Andheri
(East), Mumbai – 400 069, |
|
Tel. No.: |
91-22-26836687 |
|
Fax No.: |
91-22-26843748 |
|
E-Mail : |
|
|
PAN No.: |
AAAFV0164A |
|
|
|
|
Associates : |
· Aditya Agarwal Investments (Bombay) Private Limited · Ansa Decoglass Private Limited · Ecofriendly Corpack Private Limited · Emblem Holdings Private Limited · Gaiety Holdings Private Limited · Nifty Holdings Private Limited |
CAPITAL STRUCTURE
As on 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7000000 |
Equity Shares |
Rs.10/- each |
Rs. 70.000 Millions |
|
65000 |
Preferences Shares |
Rs.100/- each |
Rs. 6.500 Millions |
|
|
Total |
|
Rs.76.500
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4022880 |
Equity Shares |
Rs.10/- each |
Rs. 40.229 Million |
|
|
|
|
|
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 |
40.229 |
0.789 |
0.644 |
|
(b) Reserves & Surplus |
311.463 |
328.721 |
307.911 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
0.000 |
0.000 |
0.145 |
|
Total
Shareholders’ Funds (1) + (2) |
351.692 |
329.510 |
308.700 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
277.321 |
110.637 |
134.911 |
|
(b) Deferred tax liabilities (Net) |
35.701 |
30.398 |
29.975 |
|
(c) Other long term liabilities |
23.579 |
26.612 |
50.591 |
|
(d) long-term provisions |
3.246 |
2.528 |
1.430 |
|
Total Non-current Liabilities (3) |
339.847 |
170.175 |
216.907 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
427.644 |
359.764 |
256.868 |
|
(b) Trade payables |
362.393 |
269.727 |
225.162 |
|
(c) Other current
liabilities |
102.488 |
43.252 |
31.724 |
|
(d) Short-term provisions |
2.347 |
2.048 |
11.594 |
|
Total Current Liabilities (4) |
894.872 |
674.791 |
525.348 |
|
|
|
|
|
|
TOTAL |
1586.411 |
1174.476 |
1050.955 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
576.356 |
448.719 |
344.507 |
|
(ii) Intangible Assets |
7.138 |
8.510 |
10.097 |
|
(iii) Capital
work-in-progress |
86.798 |
5.396 |
101.917 |
|
(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 |
10.844 |
7.193 |
4.059 |
|
(e) Other Non-current assets |
0.861 |
0.000 |
0.000 |
|
Total Non-Current Assets |
681.997 |
469.818 |
460.580 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.085 |
0.085 |
|
(b) Inventories |
431.816 |
361.385 |
262.320 |
|
(c) Trade receivables |
338.718 |
288.609 |
273.132 |
|
(d) Cash and cash
equivalents |
32.432 |
10.653 |
10.093 |
|
(e) Short-term loans and
advances |
34.300 |
30.565 |
44.630 |
|
(f) Other current assets |
67.148 |
13.361 |
0.115 |
|
Total Current Assets |
904.414 |
704.658 |
590.375 |
|
|
|
|
|
|
TOTAL |
1586.411 |
1174.476 |
1050.955 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
177.400 |
1544.400 |
1402.125 |
|
|
|
Other Income |
NA |
NA |
NA |
|
|
|
TOTAL (A) |
|
|
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
NA |
NA |
NA |
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL (B) |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
NA |
124.266 |
130.268 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
NA |
61.002 |
52.684 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
NA |
63.264 |
77.584 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
NA |
29.890 |
29.602 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
NA |
33.374 |
47.982 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
NA |
9.977 |
194.850 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
26.884 |
23.397 |
28.497 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
128.736 |
107.964 |
82.592 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
0.635 |
2.350 |
2.850 |
|
|
|
Dividend |
0.241 |
0.237 |
0.236 |
|
|
|
Tax on Dividend |
0.041 |
0.038 |
0.039 |
|
|
BALANCE CARRIED
TO THE B/S |
154.706 |
128.736 |
107.964 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
6.68 |
5.82 |
435.30 |
|
Expected Sales (2013-14) : Rs.2100.000 Millions
The above information has been parted by Mr. Dhiraj Sharma
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
2.16 |
3.42 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
2.85 |
5.06 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
0.10 |
0.16 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.00
|
1.43 |
1.27 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.01
|
1.04 |
1.12 |
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITIES OF
LONG-TERM DEBT
Rs. In Millions
|
Particular |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
|
|
|
Current maturities of long-term debt |
39.393 |
30.426 |
26.470 |
|
|
|
|
|
|
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 |
Yes |
|
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 |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
OPERATIONS:
The Net Revenues of the year has increased to Rs.1777.400 Millions from Rs.1544.400 Millions achieved in the previous year. The Directors are making continuous efforts to improve the performance of the Company. The Company has been focusing on adding new customers and developing markets for new products which will help in further improving the performance of the company.
UNSECURED LOAN
Rs. In Millions
|
Particular |
As
on 31.03.2013 |
As
on 31.03.2012 |
|
Long-term
borrowings |
|
|
|
Deposits from shareholders |
60.004 |
26.827 |
|
Intercorporate deposits |
37.471 |
37.019 |
|
Loans and advances from related parties |
77.718 |
42.042 |
|
Total |
175.193 |
105.888 |
|
|
|
|
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10439601 |
18/07/2013 |
65,000,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI - 400013, MAHARASHTRA, INDIA |
B80653355 |
|
2 |
10430410 |
27/05/2013 |
14,377,000.00 |
TATA CAPITAL FINANCIAL SERVICES LIMITED |
ONE FORBES, DR. V. B. GANDHI MARG, FORT, MUMBAI - 400001, |
B76848175 |
|
3 |
10416864 |
20/03/2013 |
2,250,000.00 |
TATA CAPITAL FINANCIAL SERVICES LIMITED |
ONE FORBES, DR. V. B. GANDHI MARG, FORT, MUMBAI - 400001, |
B72309339 |
|
4 |
10371436 |
22/11/2012 * |
37,700,000.00 |
TATA CAPITAL FINANCIAL SERVICES LIMITED |
ONE FORBES, DR. V. B. GANDHI MARG, FORT, MUMBAI - 400001, |
B64212608 |
|
5 |
10363147 |
30/05/2012 |
120,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA,, DR. |
B42690610 |
|
6 |
10363151 |
06/05/2013 * |
120,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA, DR. |
B74508870 |
|
7 |
10351844 |
16/07/2013 * |
120,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA, DR. |
B80031024 |
|
8 |
10272625 |
21/02/2011 |
1,507,662.00 |
KOTAK MAHINDRA BANK LIMITED |
36-38A, NARIMAN BHAVAN, 227,D, NARIMAN POINT, MUMBAI - 400021, MAHARASHTRA, INDIA |
B07087950 |
|
9 |
10265254 |
29/12/2010 |
285,700,000.00 |
AXIS BANK LIMITED |
CREDIT MANAGEMENT CENTRE, UNIT NO. 6, CORPORATE |
B04312195 |
|
10 |
10214314 |
27/04/2013 * |
479,600,000.00 |
AXIS BANK LIMITED |
CORPORATE BANKING BRANCH, GR.FL, AXIS HOUSE BOMBAY, |
B75231407 |
|
11 |
10214312 |
31/03/2010 |
54,600,000.00 |
AXIS BANK LIMITED |
CREDIT MANAGEMENT CENTRE, UNIT NO.6, CORPORATE P |
A83764639 |
|
12 |
10087059 |
24/12/2007 |
7,148,960.00 |
ORIX AUTO INFRASTRUCTURE SERVICES LIMITED |
PLOT NO. 94, MAROL CO. OP. INDUSTRIAL ESTATE, ANDHERI KURLA ROAD, ANDHERI (EAST), MUMBAI - 400059, MAHARASHTRA, INDIA |
A32180143 |
|
13 |
10087060 |
24/12/2007 |
10,040,940.00 |
ORIX AUTO INFRASTRUCTURE SERVICES LIMITED |
PLOT NO. 94, MAROL CO. OP. INDUSTRIAL ESTATE, ANDHERI KURLA ROAD, ANDHERI (EAST), MUMBAI - 400059, MAHARASHTRA, INDIA |
A32180382 |
|
14 |
90213021 |
15/01/2002 * |
1,500,000.00 |
BANK OF BAROAD |
FORT UNIVERSITY BRANCH; AGRA BUILDING, M. G. ROAD, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
|
15 |
90238301 |
28/12/1996 |
3,990.00 |
BANK OF BARODA |
FORT UNIVERSITY BRANCH; AGRA BUILDING, M. G. ROAD, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
|
16 |
90239715 |
23/02/1995 * |
1,000,000.00 |
BANK OF BARODA |
FORT UNIVERSITY, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
|
17 |
90239413 |
12/07/1989 |
800,000.00 |
DENA BANK |
ADVANCE DEPARTMENT, HORNIMAN CIRCLE; FORT, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
* Date of charge modification
FIXED ASSETS
· Land
Buildings
Factory
building
Plant
and equipment
Factory
equipments
Other
plant and equipment
Vehicles
Office
equipment
Other
equipments
Computer
software
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.62.50 |
|
|
1 |
Rs.101.92 |
|
Euro |
1 |
Rs.84.50 |
INFORMATION DETAILS
|
Information
Gathered by : |
HNA |
|
|
|
|
Report Prepared
by : |
NTH |
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 |
6 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
46 |
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.