|
Report Date : |
08.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
SS SUPPLY CHAIN SOLUTIONS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
152/2, Ashram,
Mathura Road, New Delhi – 110 014 |
|
|
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|
Country : |
India |
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|
|
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Date of
Incorporation : |
30.10.2012 |
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Com. Reg. No.: |
55-244154 |
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Capital Investment
/ Paid-up Capital : |
Rs.10.100
millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U63030DL2012PTC244154 |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Providing Logistic Services and Supply Chain Solutions. |
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|
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|
No. of Employees
: |
50 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (28) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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|
|
|
Payment Behaviour : |
Unknown |
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|
|
|
Litigation : |
Clear |
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Comments : |
Subject is a relatively new company establishing itself gradually. It
is having a moderate track record. Management has failed to file its latest financials of 2013 with the
Government Department. Ms. Sarita Das, Director provided general information and denied to
disclose any financial information with us. However, trade relations seems to be improving. Business is active.
Payment terms are reported as unknown. The company can be considered for business dealings with some caution.
|
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 (GENERAL DETAILS)
|
Name : |
Ms. Sarita Das |
|
Designation : |
Director |
|
Contact No.: |
91-9811805385 |
|
Date : |
07.01.2014 |
LOCATIONS
|
Registered Office : |
152/2, Ashram,
Mathura Road, New Delhi – 110 014, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9811805385/ 9717004622 (Ms. Sarita Das) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Location : |
Rented |
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Corporate Office : |
Vatika Business Park, Block II, First Floor, Sector - 49, Sohna Road,
Gurgaon – 122 018, Haryana, India |
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Tel. No.: |
91-124-4210557/ 4252384/ 4416999 |
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E-Mail : |
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Branch Office : |
Located at: ·
Mumbai ·
Pune ·
Chennai ·
Bangalore |
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Logistics Operating Centre (LOC) : |
Located at: · Ludhiana · Ambala · Delhi · Guwahati · Bhopal · Patna · Ahmedabad · Indore · Ranchi · Kolkata · Raipur · Bhubaneswar · Bhiwandi · Pune · Hyderabad · Chennai · Bangalore · Cochin |
DIRECTORS
|
Name : |
Mr. Sanjeev Kumar Pradhan |
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Designation : |
Director |
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Address : |
MIG-II, 2/12, Phase-1, B.D.A., CS PUR BBSR, Bhubaneshwer – 751 016,
Orissa, India |
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Date of Birth/Age : |
01.01.1960 |
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Date of Appointment : |
30.10.2012 |
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DIN No.: |
05356054 |
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Name : |
Ms. Sarita Das |
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Designation : |
Director |
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Address : |
S-384, Ground Floor, Omaxe Avenue, Uppal South End, Sohna Road,
Sector-49, Gurgaon – 122 018, Haryana, India
|
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Date of Birth/Age : |
14.02.1976 |
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Date of Appointment : |
17.11.2012 |
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DIN No.: |
06430238 |
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Other
Directorship:
|
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 23.09.2012
|
Names of Shareholders |
|
No. of Shares |
|
Nivedita Manubhai Patel |
|
5000 |
|
Sanjeev Kumar Pradhan |
|
5000 |
|
Total
|
|
10000 |
AS ON 16.08.2013
|
Names of Allottees |
|
No. of Shares |
|
Sarita Das |
|
860150 |
|
Ravi Manavalan |
|
62150 |
|
Sushil Kumar Kaushik |
|
77700 |
|
Total
|
|
1000000 |
BUSINESS DETAILS
|
Line of Business : |
Providing Logistic Services and Supply Chain Solutions. |
|
|
|
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Terms : |
|
|
Purchasing : |
Depend |
GENERAL INFORMATION
|
Customers : |
Others ·
Alcatel-Lucent · Reid & Taylor ·
Citymax ·
MTNL ·
BSNL ·
Henkel ·
Reliance ·
Landmark Group |
|
|
|
|
No. of Employees : |
50 (Approximately) |
|
|
|
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Bankers : |
Axis Bank Limited, Sector-54, Gurgaon, Haryana, India (Tel. No.:
91-124-4014421) |
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|
|
|
Banker Report : |
Not Divulged |
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Banking
Relations : |
-- |
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|
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Auditors : |
|
|
Name : |
SKP and Associates Chartered Accountants |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1600000 |
Equity Shares |
Rs.10/- each |
Rs.16.000 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
1010000 |
Equity Shares |
Rs.10/- each
|
Rs.10.100
millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
NOT DIVULGED
The above information has been declined by Ms. Sarita Das (Director).
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 |
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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 |
Yes |
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9) Name of person contacted |
Yes |
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10) Designation of contact person |
Yes |
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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 |
Yes |
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19) Payments terms |
Yes |
|
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 |
No |
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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 |
|
34)
External Agency Rating, if available |
No |
Note:
· The registered office of the company has been shifted from 410, Prakash Deep Building, 7, Tolstoy Marg, New Delhi – 110 001 to the present address w.e.f. 01.01.2013.
·
No Charges Exist for Company.
WEBSITE DETAILS:
PRESS RELEASES:
SS SUPPLY CHAIN SOLUTIONS (3SC) IMPLEMENTS 4S
ELOG WMS FOR WAREHOUSING AND 3PL LOGISTICS BUSINESS
Four Soft WMS solution will enable SS Supply Chain (3SC) to collaborate
and provide real-time Inventory visibility to its customers.
Hyderabad, India,
May 09, 2013 --(PR.com)-- Four Soft® (4S®) (NSE: "FOURSOFT", BSE:
532521), a global leader offering software solutions for the logistics,
transportation and supply-chain industries is pleased to announce that Gurgaon
(India) based SS Supply Chain Solutions Private Limited (3SC) has selected its
flagship product 4SeLog® for Warehouse management and distribution operations.
SS Supply Chain Solutions Private Limited (3SC) is a supply-chain management
organization focusing on Indian market needs with a value characterized by 3S
i.e. sustainability, scalability and system. It has a network across 15 plus
locations PAN India, over 40,000 orders catering to 20 customers in various
segments.
Lalit Das, CEO and Managing Director, SS Supply Chain Solutions Private Limited
(3SC), said, "With the implementation of Four Soft’s, 4SeLog®, we are
confident that it will enable us in seamlessly integrating entire processes
while providing 'real-time visibility' and 'accuracy' into the inventory
orders, order demand and fulfillment status thereby managing all the exceptions
proactively." He further added, "In order to attain competitive edge,
the solution should help users in informing uncertainties in advance, offer
enhanced flexibility while maintaining superior customer service levels."
Rakesh Kumar Munigala, SVP- Product Management and Marketing, Four Soft
Limited, said, "This is an exciting development for Four Soft to associate
with SS Supply Chain Solutions Private Limited (3SC). Our robust warehouse
management solution eliminates time-consuming manual processes while offering
users with completely integrated and easily traceable business process from
contract to order, fulfillment and receivables. The added benefits are its
quick configurability, maintenance and set-up across multiple facilities."
He further added, "The solution has the capability to help their partners,
vendors and customers improve collaboration throughout the entire supply-chain
execution."
4S eLog® is Four Soft’s web-centric warehouse management system (WMS) capable
of handling inventory operations across multiple warehouses. Built on J2EE
platform with a native browser interface, 4S eLog® is designed to support core
operational requirements of modern day global companies. 4S eLog® extends well
beyond the capacity of a traditional warehouse management system by integrating
supply, fulfillment and partner collaboration into one enterprise service
platform.
About Four Soft Limited
Four Soft® is a
public listed company which provides innovative software solutions, IT
consultancy and BPO services exclusively for the logistics, transportation and
supply-chain management market place. It is the market leader in the
transportation and logistics segment with a large international client base
including the majority of the top logistics and transportation companies in the
world. With regional offices strategically located worldwide, it supports
customers including DHL, CEVA, DB Schenker, Panasonic, Flyjac (A Hitachi
Transport System Group Company), and Geodis Wilson.
Four Soft® offers a full suite of web-native products across the logistics
supply chain. This includes 4S eTrans® for freight forwarding and logistics, 4S
eLog® for extended warehouse management, 4S VisiLog® and 4S VisiLog plus® for
track and trace, visibility and supply chain management, 4S eCustoms® for
customs brokerage, 4S iShipping™ for shipping line execution, 4S eConnect™ for
business-to-business connectivity and 4S Infotips™ for informed decision
making.
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.62.38 |
|
|
1 |
Rs.102.25 |
|
Euro |
1 |
Rs.84.97 |
INFORMATION DETAILS
|
Information
Gathered by : |
PDT |
|
|
|
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
|
28 |
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.