1. Summary Information
|
|
|
Country |
INDIA |
|
Company Name |
SARGAM INDIA
ELECTRONICS PRIVATE LIMITED |
Principal Name 1 |
MR. DAYANAND OMPRAKASH GARG |
|
Status |
SATISFACTORY |
Principal Name 2 |
MR. DINESH KUMAR BANSAL |
|
|
|
Registration # |
|
|
Street Address |
GARG TRADE CENTRE, BLOCK NO.1, IIIRD FLOOR, BEHIND SBI BANK,
SECTOR-11, ROHINI, DELHI – 110 085, INDIA |
||
|
Established Date |
30.12.2010 |
SIC Code |
-- |
|
Telephone# |
91-11-66547683 |
Business Style 1 |
TRADER |
|
Fax # |
NOT AVAILABLE |
Business Style 2 |
-- |
|
Homepage |
-- |
Product Name 1 |
ELECTRICAL AND ELECTRONIC GOODS |
|
# of employees |
42 (APPROXIMATELY) |
Product Name 2 |
-- |
|
Paid up capital |
RS.7,651,500/- |
Product Name 3 |
-- |
|
Shareholders |
DIRECTORS OR RELATIVES OF DIRECTORS-90% OTHER TOP FIFTY SHAREHOLDERS-10% |
Banking |
AXIS BANK LIMITED |
|
Public Limited Corp. |
NO |
Business Period |
3 YEARS |
|
IPO |
NO |
International Ins. |
-- |
|
Public |
NO |
Rating |
Ba (48) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Enterprises Under Common Control |
INDIA |
YASH MARKETING |
-- |
|
Note |
-- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
405.009,000 |
Current Liabilities |
336,425,000 |
|
Inventories |
512,645,000 |
Long-term Liabilities |
401,910,000 |
|
Fixed Assets |
58,389,000 |
Other Liabilities |
12,627,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
750,962,000 |
|
Invest& other Assets |
1,536,000 |
Retained Earnings |
108,330,000 |
|
|
|
Net Worth |
226,617,000 |
|
Total Assets |
977,579,000 |
Total Liab. & Equity |
977,579,000 |
|
Total Assets (Previous Year) |
685.435,000 |
|
|
|
P/L Statement as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Total Income |
2,249,374,000 |
Net Profit |
22,794,000 |
|
Total Income (Previous
yr)/ |
NA |
Net Profit(Prev.yr) |
17,573,000 |
MIRA
INFORM REPORT
|
Report Date : |
04.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
SARGAM INDIA ELECTRONICS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Garg Trade Centre, Block No.1, IIIrd Floor, Behind SBI Bank,
Sector-11, Rohini, Delhi – 110 085 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
30.12.2010 |
|
|
|
|
Com. Reg. No.: |
55-240169 (New) 20-043008 (Old) |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.7.652
millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32204DL2010PTC240169 (New) U32204UP2010PTC043008 (Old) |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
DELS44505G |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAPCS5520H |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader of Electrical and Electronic Goods. |
|
|
|
|
No. of Employees
: |
42 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (48) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 906000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct.
|
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an
established company having a satisfactory track record. Trade relations
are reported as fair. Business is active. Payments are reported to be slow
but correct. The company can
be considered normal 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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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
India’s current
account deficit narrowed in the quarter ended September as government measures
to curb imports, especially gold, kicked in. The current account deficit,
the excess of a country’s imports of goods and services over exports, narrowed
to $ 5.2 billion from $ 21 billion in the year ago period, according to
provisional Reserve Bank of India data. Finance Minister P. Chidambaram said
the CAD for the year will be less than $ 60 billion or 3 per cent of GDP and
the latest data suggests the government may achieve the target.
India was ranked 94th
among the world’s most corrupt nations list. Denmark and New Zealand topped as
the cleanest while Somalia emerged as the most corrupt.
India’s services
sector activity witnessed a moderate improvement in November over the previous
month, even while indicating the fifth successive monthly contraction,
according the HSBC survey.
$53 million estimated
losses suffered by India due to phishing attacks during the third quarter,
according to a study by RSA. India ranks fourth in the list of nations hit by
phishing attacks. The US remained at the top of the charts. Phishing is the
process of acquiring information such as user names, passwords and credit card
details by sending e-mails disguised as official mails.
Rs.4080 million
worth of mobile-phone-based transactions by July 2013 compared to Rs.260
million in September, 2012, according to Deloitte report. The number of
transactions has shot up from 94000 to 701000.
India aims to earn
Rs.400000 million from the bandwidth auction set for January. The merger and
acquisition guidelines, cleared by a group of ministers, will be out before the
auction begins so that players can make informed decisions on the auctions.
RBI DEFAILTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAILTERS’ 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 : |
Ms. Kamal Singh |
|
Designation : |
Accountant Head |
|
Contact No.: |
91-9540414141 / 9540007502 |
LOCATIONS
|
Registered Office : |
Garg Trade Centre, Block No.1, IIIrd Floor, Behind SBI Bank,
Sector-11, Rohini, Delhi – 110 085, India |
|
Tel. No.: |
91-11-66547683 |
|
Mobile No.: |
91-9540414141 / 9540007502 (Ms. Kamal Singh) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Showroom 1 : |
Narela: Railway Road, Near Aggarwal Sweets,
Narela Delhi – 110 040, India |
|
E-Mail : |
|
|
|
|
|
Showroom 2 : |
Pitam Pura: Kapil Vihar, Pitam Pura, Delhi – 110 034, India |
|
E-Mail : |
|
|
|
|
|
Showroom 3 : |
Pitam Pura: Kapil Vihar, Pitam Pura, Delhi – 110 034,
India |
|
E-Mail : |
|
|
|
|
|
Showroom 4 : |
Hari Nagar: GL-11, Jail Road, Hari Nagar, New Delhi –
110 058, India |
|
E-Mail : |
|
|
|
|
|
Showroom 5 : |
Paschim Vihar: A-3/183,
Paschim Vihar, New Delhi – 110 063, India |
|
E-Mail : |
|
|
|
|
|
Showroom 6 : |
Uttam Nagar: A-27, Main Najafgarh Road, Uttam Nagar,
New Delhi – 110 059, India |
|
E-Mail : |
|
|
|
|
|
Showroom 7 : |
Rohini: Shop No.3 and 4, Shopping Center-1,
Sec-1, Avantika, Rohini, New Delhi – 110 085, India |
|
E-Mail : |
|
|
|
|
|
Showroom 8 : |
Adarsh Nagar: A-260, Majlis
Park, Adarsh Nagar, Delhi – 110 033, India |
|
E-Mail : |
|
|
|
|
|
Showroom 9 : |
Jahangir Puri: B-1231,
Jahangir Puri, Mangal Bazar Road, Delhi – 110 033, India |
|
E-Mail : |
|
|
|
|
|
Showroom 10: |
Jahangir Puri: C-951, Jahangir
Puri, Delhi – 110 033, India |
|
E-Mail : |
|
|
Tel. No. : |
91-11-27638092 |
|
|
|
|
Showroom 11 : |
Tri Nagar: 3774, Tri Nagar, Delhi – 110 033, India |
|
E-Mail : |
|
|
|
|
|
Showroom 12 : |
Ashok Vihar: C-2/1, Phase-2, Opposite Deep Cinema Market,
Ashok Vihar, Delhi – 110 058 , India |
|
E-Mail : |
|
|
|
|
|
Showroom 13 : |
Lajpat Nagar: 2J-36, Ground
Floor Center Market Lajpat Nagar, Delhi – 110 024, India |
|
E-Mail : |
|
|
|
|
|
Showroom 14: |
Vikas Marg: A-67, Guru Nanak Pura, Main Road, Vikas
Marg, Delhi – 110 092, India |
|
E-Mail : |
|
|
|
|
|
Showroom 15 : |
Vikas Puri: WZ-44/2, Outer Ring Road, Vikas Puri,
Delhi – 110 018, India |
|
E-Mail : |
|
|
|
|
|
Showroom 16 : |
Patel Nagar: 47, South Patel Nagar Market, Delhi – 110
008, India |
|
E-Mail : |
|
|
|
|
|
Showroom 17 : |
Najafgrah: Shop No.1, Krishna Mandir Chowk, Near
Nangloi Stand, Najafgrah, Delhi – 110 043, India |
|
|
|
|
Showroom 18 : |
Kalkaji: K-75, Kalka Ji, Near Kalkaji Mandir,
Delhi – 110 019 , India |
|
|
|
|
Showroom 19 : |
Kanti Nagar: A-1, Kanti Nagar ext., Jagatpuri Road,
Delhi – 110 051, India |
|
|
|
|
Showroom 20 : |
Pashchim Puri: Electronic Point-
172, Pocket-2, Pashchim Puri, Club Road, Delhi – 110 063, India |
|
|
|
|
Showroom 21: |
Rohni: Electronic point- C-9/6, Sector-7,
Rohini, Delhi – 110 085, India |
|
|
|
|
Showroom 22 : |
Rohni: Gupta Electronics- B-1/35-36, Sector-17, Rohini,
Delhi – 110 085, India |
|
Tel. No. : |
91-11-27882030 |
|
|
|
|
Showroom 23 : |
Model Town: B-8 , Model Town, Delhi – 110 009, India |
|
|
|
|
Warehouse : |
Located at: ·
Bhalswal Village, New Delhi, India |
|
Area : |
2500 sq. ft. |
|
Location : |
Rented |
DIRECTORS
AS ON 30.09.2013
|
Name : |
Mr. Dayanand Omprakash Garg |
|
Designation : |
Director |
|
Address : |
A-3/120, Sunrise Apartment, Sector – 11, Rohini, Delhi – 110 085,
India |
|
Date of Birth/Age : |
30.12.1964 |
|
Date of Appointment : |
30.12.2010 |
|
DIN No.: |
03294012 |
|
PAN No.: |
AETPG1220M |
|
|
|
|
Name : |
Mr. Dinesh Kumar Bansal |
|
Designation : |
Director |
|
Address : |
A-3/86, Sector – 11, Rohini, Delhi – 110 085, India |
|
Date of Birth/Age : |
02.04.1980 |
|
Date of Appointment : |
30.12.2010 |
|
DIN No.: |
03298544 |
|
PAN No.: |
AINPK9573B |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Dinesh Kumar Bansal |
98000 |
|
Daya Nand |
473000 |
|
Deepak Kumar (Karta) for Deepak Kumar and Sons (HUF) |
4500 |
|
A.K. Garg (Karta) for A.K. Garg and Sons |
29500 |
|
Rajneesh Goel |
14500 |
|
Urmila Bansal |
11500 |
|
Saurabh Garg |
6400 |
|
Anjali Bansal |
4500 |
|
Mariya Goel |
8000 |
|
Shashi Garg |
37500 |
|
Dayanand (Karta) on behalf of Dayanand and Sons HUF |
42500 |
|
Deepak Kumar |
35250 |
|
Total |
765150 |
AS ON 30.09.2013
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
90.00 |
|
Other top fifty shareholders |
10.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader of Electrical and Electronic Goods. |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Agencies Held : |
·
LG ·
Hitachi ·
Samsung |
GENERAL INFORMATION
|
No. of Employees : |
42 (Approximately) |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Bankers : |
·
Axis Bank Limited, 2nd Floor,
Statesman Road, New Delhi – 110 001, India ·
Kotak Mahindra Bank Limited, 36-38A, Nariman
Bhavan, 227, D, Nariman Point, Mumbai – 400 021, Maharashtra, India ·
Union Bank of India, B-2/15, Paschim Vihar, New Delhi
– 110 063, India ·
Axis Bank Limited, 4/10, OPG House, Asaf Ali
Road, New Delhi – 110 002, India |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Rajesh Gupta ad Associates Chartered Accountants |
|
Address : |
A-2, Palika Place, Annexe, Panchkuian Road, New Delhi – 110 001, India |
|
Tel No : |
91-11-305268056, 2376519, 23345596 |
|
Fax No : |
91-11-30526607 |
|
E-Mail: |
|
|
PAN No.: |
AAAFR9344N |
|
|
|
|
Enterprises
under common control : |
Yash Marketing Address : Shop 32, CSC 5,
Sector 11, Rohini, New Delhi – 110 085, India Activity: Distributor of
Electronic Items. Electronic
Point, India |
|
|
|
|
Other Related
Parties : |
·
A K Enterprise ·
D K Marketing ·
R G Associates ·
A N Associates ·
Gupta Electronics |
CAPITAL STRUCTURE
AS ON 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
5000000 |
Equity Shares |
Rs.10/- each |
Rs.50.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
765150 |
Equity Shares |
Rs.10/- each |
Rs.7.652
millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2013 |
31.03.2012 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1) Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
7.652 |
7.652 |
|
(b) Reserves & Surplus |
|
108.330 |
85.536 |
|
(c) Money received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
110.635 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
226.617 |
93.188 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) Long-term borrowings |
|
78.028 |
156.728 |
|
(b) Deferred tax liabilities (Net) |
|
0.059 |
0.000 |
|
(c) Other long
term liabilities |
|
0.000 |
0.000 |
|
(d) Long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
78.087 |
156.728 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
|
323.882 |
186.220 |
|
(b) Trade
payables |
|
322.970 |
224.298 |
|
(c)
Other current liabilities |
|
13.455 |
17.488 |
|
(d) Short-term
provisions |
|
12.568 |
7.513 |
|
Total Current
Liabilities (4) |
|
672.875 |
435.519 |
|
|
|
|
|
|
TOTAL |
|
977.579 |
685.435 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i)
Tangible assets |
|
58.389 |
41.658 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
|
0.036 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
1.500 |
0.000 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.075 |
|
(d) Long-term Loan and Advances |
|
20.843 |
17.714 |
|
(e) Other
Non-current assets |
|
0.000 |
0.038 |
|
Total Non-Current
Assets |
|
80.768 |
59.485 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
512.645 |
406.579 |
|
(c)
Trade receivables |
|
273.009 |
172.929 |
|
(d) Cash
and cash equivalents |
|
37.547 |
29.173 |
|
(e)
Short-term loans and advances |
|
41.298 |
5.336 |
|
(f)
Other current assets |
|
32.312 |
11.933 |
|
Total
Current Assets |
|
896.811 |
625.950 |
|
|
|
|
|
|
TOTAL |
|
977.579 |
685.435 |
|
SOURCES OF FUNDS |
|
|
31.03.2011 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
0.100 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
0.000 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
0.100 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
0.100 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.000 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000
|
|
|
Sundry Debtors |
|
|
0.000
|
|
|
Cash & Bank Balances |
|
|
0.058
|
|
|
Other Current Assets |
|
|
0.000
|
|
|
Loans & Advances |
|
|
0.000
|
|
Total
Current Assets |
|
|
0.058 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
0.000
|
|
|
Other Current Liabilities |
|
|
0.000
|
|
|
Provisions |
|
|
0.000
|
|
Total
Current Liabilities |
|
|
0.000 |
|
|
Net Current Assets |
|
|
0.058 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.042 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
0.100 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
2249.374 |
NA |
|
|
|
Other Income |
|
|
NA |
|
|
|
TOTAL |
|
2249.374 |
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Office Expenses |
|
2213.879 |
|
|
|
|
Administrative Expenses |
|
|
|
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
|
2213.879 |
NA |
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX |
|
35.495 |
NA |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
12.701 |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
AFTER TAX |
|
22.794 |
17.573 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
|
29.79 |
22.97 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
1.01
|
NA |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.64
|
NA |
NA |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.16
|
NA |
NA |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
1.77
|
3.68 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.33
|
1.44 |
0.00 |
LOCAL AGENCY FURTHER INFORMATION
|
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 one year |
Yes |
|
12) Profitability for last two 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 |
No |
|
20) Export / Import details (if applicable) |
No |
|
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 |
INDEX OF CHARGES:
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10401316 |
01/11/2013 * |
430,000,000.00 |
UNION BANK OF
INDIA |
B-2/15, PASCHIM
VIHAR, NEW DELHI, DELHI - 110063, INDIA |
B89780035 |
* Date of charge modification
|
Unsecured Loans |
31.03.2013 (Rs.
in Millions) |
31.03.2012 (Rs.
in Millions) |
|
LONG-TERM BORROWINGS |
|
|
|
Rupee term loans from banks |
0.000 |
45.144 |
|
Loans repayable on demand from others |
41.374 |
0.000 |
|
Loans and advances from directors |
22.388 |
57.249 |
|
Loans and advances from others |
0.000 |
39.923 |
|
Other loans and advances |
11.985 |
11.443 |
|
SHORT-TERM BORROWINGS |
|
|
|
Other loans and advances |
10.122 |
0.000 |
|
Total
|
85.869 |
153.759 |
Note
The registered office of the company has been shifted from 161,
Sector-1, Opposite Amarpali Public School, Vasundhara, Ghaziabad – 201 010,
Uttar Pradesh, India to the present address w.e.f. 02.08.2012.
FIXED ASSETS:
·
Land
·
Buildings
·
Furniture and Fixtures
·
Vehicles
·
Office Equipment
·
Computer Equipments
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.62.41 |
|
|
1 |
Rs.102.54 |
|
Euro |
1 |
Rs.85.20 |
INFORMATION DETAILS
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--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 |
|
DEFAULTERS |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
48 |
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.