1. Summary Information
|
|
|
Country |
|
|
Company Name |
4G IDENTITY
SOLUTIONS PRIVATE LIMITED |
Principal Name 1 |
Mr. Sreenivasa Rao Tripuraneni |
|
Status |
Moderate |
Principal Name 2 |
Ms. Lakshmi Tripirneni |
|
|
|
Registration # |
|
|
Street Address |
Plot No. 241,
Road No. 72, Prashasan Nagar, Jubilee Hills, |
||
|
Established Date |
27.06.2007 |
SIC Code |
-- |
|
Telephone# |
91-40-23558789 /
32913939/ 23558799 |
Business Style 1 |
Service Provider |
|
Fax # |
91-40-23558769 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Identity Management Solution Services |
|
|
# of employees |
Not Available |
Product Name 2 |
-- |
|
Paid up capital |
Rs.218,550,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or relatives of Directors – 100% |
Banking |
State
Bank of India |
|
Public Limited Corp. |
-- |
Business Period |
06 years |
|
IPO |
--- |
International Ins. |
- |
|
Public |
--- |
Rating |
B (27) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Subsidiaries |
India |
4G
Informatics Private Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
423,810,000 |
Current Liabilities |
313,218,000 |
|
Inventories |
2,195,000 |
Long-term Liabilities |
86,934,000
|
|
Fixed Assets |
41,448,000 |
Other Liabilities |
3,528,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
403,680,000 |
|
Invest& other Assets |
200,017,000 |
Retained Earnings |
45,240,000 |
|
|
|
Net Worth |
263,790,000 |
|
Total Assets |
667,470,000 |
Total Liab. & Equity |
667,470,000 |
|
Total Assets (Previous Year) |
363,321,000 |
|
|
|
P/L Statement as of |
31.03.2011 |
(Unit: Indian Rs.) |
|
|
Sales |
556,381,000 |
Net Profit |
33,720,000 |
|
Sales(Previous yr) |
316,803,000 |
Net Profit(Prev.yr) |
10,766,000 |
|
Report Date : |
14.01.2014 |
IDENTIFICATION DETAILS
|
Name : |
4G IDENTITY SOLUTIONS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Plot No. 241, Road No. 72, Prashasan Nagar, Jubilee Hills, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
27.06.2007 |
|
|
|
|
Com. Reg. No.: |
01-054636 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.218.550 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72200AP2007PTC054636 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
HYDG05705A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACZ2930M |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Providing an Identity Management Solution Services |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (27) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 1060000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track record. Management has failed to file its financials after the year 2011 with the
government department. As per 2011 record, it has achieved better sales turnover and profits. Trade relations are reported as fair. Business is active. Payments are
reported to be 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
The current downturn
provides an opportunity to push ahead with reforms to accelerate growth, says the
latest India Development Update report released by the World Bank. The report
says that the adverse effects of rupee depreciation are likely to be offset by
the gains in the exports performance due to improved external competitiveness.
Since May this year, the local currency has depreciated substantially and fell
to a record level of Rs 68.85 to a dollar on August, 28.
A stagflation like
situation appears to have arisen as inflation jumped to an eight month high of
6.46 % for the month of September. It is up from 6.10 % in August. Growth
continues to be muted with factory output plunging to 0.6 % in August.
Onion prices have risen nearly 300 % from last September. Vegetables cost
nearly 90 % more than they did last year. Wake up to the economic contribution
of slum dwellers. They contribute more than 7.5 % to the country’s gross
domestic product, according to a recent study conducted in 50 top cities.
136000 estimated
number of jobs created during the second quarter of the current financial year.
50000 estimated number of additional jobs in the field of corporate social
responsibility in the coming years.
The International
Finance Corporation expects to come out with its rupee linked bonds issue before
the end of 2013 as a part of its plan to raise $ 1 billion. The Apple iPhone 5c
(Rs 41900 for 16 GB variant) and 5s (Rs 53500 for 16GB variant) has been
launched in India from 1st November.
The Land Acquisition
Act to provide just and fair compensation to farmers will come into force from
January 1 next year, said Rural Development Minister Jairam Ramesh. The Act
replaces a 119 year old registration. The Securities and Exchange Board of
India has approved the trading of currency futures on the Bombay Stock
Exchange. The exchange plans to launch the currency futures platform with
advanced trading technology by the end of November.
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.
LOCATIONS
|
Registered Office : |
Plot No. 241, Road No. 72, Prashasan Nagar, Jubilee Hills, |
|
Tel. No.: |
91-40-23558789 / 32913939/ 23558799 |
|
Fax No.: |
91-40-23558769 |
|
E-Mail : |
|
|
Website: |
|
|
|
|
|
Corporate Office : |
Plot No.: 330 and 331, Road No. 79, Jubilee Hills,
Hyderabad – 500 034, Andhra Pradesh, India |
|
Tel.
No.: |
91-40-23558789 / 32913939 |
|
Fax
No.: |
91-40-23558769 |
|
|
|
|
|
4039, Sector C-4, Vasant Kunj, New Delhi – 110070, India |
|
Tel. No.: |
91-11-32972939 |
|
Fax No.: |
91-11-45671559 |
|
|
|
|
Gurgaon Office : |
B-348D, Sushant Lok-1
Gurgaon – 122009, Haryana, India |
|
Tel. No.: |
91-124-4214747 |
|
Fax No.: |
91-124-2392347 |
|
|
|
|
UAE Office : |
PO Box No. 500417, G09, Building No. 10,
Dubai Internet City, Dubai, UAE |
|
Tel. No.: |
+971-4-4385095 |
|
Fax No.: |
+971-4-4385095 |
DIRECTORS
As on 29.09.2011
|
Name : |
Mr. Sreenivasa Rao Tripuraneni |
|
Designation : |
Director |
|
Address : |
304, |
|
Date of Birth/Age : |
15.08.1972 |
|
Date of Appointment : |
07.07.2009 |
|
DIN No.: |
01499013 |
|
|
|
|
Name : |
Ms. Lakshmi Tripirneni |
|
Designation : |
Director |
|
Address : |
59-7-6, |
|
Date of Birth/Age : |
06.07.1970 |
|
Date of Appointment : |
28.08.2007 |
|
DIN No.: |
01499013 |
|
|
|
|
Name : |
Mr. Rama Kishan Maddineni |
|
Designation : |
Director |
|
Address : |
59-7-6, Patamata Vijayawada – 520 008, |
|
Date of Birth/Age : |
27.12.1964 |
|
Date of Appointment : |
18.10.2008 |
|
DIN No.: |
02409233 |
|
|
|
|
Name : |
Mr. Sudheer Nanduri |
|
Designation : |
Director |
|
Address : |
10-4-771/1/A/1 2nd Floor, R V R Villa, Masab Tank, Hyderabad-500028,
Andhra Pradesh, India |
|
Date of Birth/Age : |
25.08.1978 |
|
Date of Appointment : |
30.109.2010 |
|
DIN No.: |
03354589 |
|
|
|
|
Name : |
Mr. Baljit Singh Gill |
|
Designation : |
Director |
|
Address : |
5GA, Rail Vihar Sector -4, Mansa Devi Complex, Panchkula – 134109,
Haryana, India |
|
Date of Birth/Age : |
25.02.1948 |
|
Date of Appointment : |
29.09.2011 |
|
DIN No.: |
02184047 |
MAJOR SHAREHOLDERS
As on 29.09.2011
|
Names of Shareholders |
|
No. of Shares |
|
Mr. Sreenivasa Rao Tripuraneni |
|
18740250 |
|
Ms. Lakshmi Tripirneni |
|
3051000 |
|
Manikumari Tripuraneni |
|
25500 |
|
Narreddy Rajasekhara Reddy |
|
38250 |
|
Total |
|
21855000 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2011
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing an Identity Management Solution Services |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
State Bank of India, Industrial Finance Branch, Rajbhavan
Road, Somajiguda, Hyderabad-500082, Andhra Pradesh, India |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
CRK and Associates Chartered Accountant |
|
Address : |
Plot No. 3A, Navodaya Colony, Road No. 14, Banjara Hills,
Hyderabad-500034, |
|
Tel. No.: |
91-40-23552305 |
|
Fax No.: |
91-40-23552304 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Subsidiaries : |
4G Informatics Private Limited CIN No.: U80903AP2000PTC035270 |
CAPITAL STRUCTURE
After 29.09.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
24000000 |
Equity Shares |
Rs.10/- each |
Rs.240.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
23855000 |
Equity Shares |
Rs.10/- each |
Rs.238.550
Millions |
As on 31.03.2011
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
22000000 |
Equity Shares |
Rs.10/- each |
Rs.220.000 Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
21855000 |
Equity Shares |
Rs.10/- each |
Rs.218.550 Millions
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
218.550 |
203.550 |
0.100 |
|
|
2] Share Application Money |
0.000 |
0.000 |
2.450 |
|
|
3] Reserves & Surplus |
45.240 |
11.520 |
0.754 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
263.790 |
215.070 |
3.304 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
19.608 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
67.326 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
86.934 |
0.000 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
3.528 |
1.297 |
0.381 |
|
|
|
|
|
|
|
|
TOTAL |
354.252 |
216.367 |
3.685 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
41.448 |
7.777 |
2.376 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
200.000 |
200.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
2.195
|
0.000
|
0.000 |
|
|
Sundry Debtors |
409.991
|
126.329
|
0.000 |
|
|
Cash & Bank Balances |
1.414
|
16.374
|
1.321 |
|
|
Other Current Assets |
0.000
|
0.000
|
0.000 |
|
|
Loans & Advances |
12.405
|
12.818
|
1.016 |
|
Total
Current Assets |
426.005
|
155.521 |
2.337 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.000
|
31.935
|
0.000 |
|
|
Other Current Liabilities |
220.402
|
0.000
|
0.000 |
|
|
Provisions |
92.816
|
115.019
|
1.056 |
|
Total
Current Liabilities |
313.218
|
146.954 |
1.056 |
|
|
Net Current Assets |
112.787
|
8.567 |
1.281 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.017 |
0.023 |
0.028 |
|
|
|
|
|
|
|
|
TOTAL |
354.252 |
216.367 |
3.685 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
556.381 |
316.803 |
13.420 |
|
|
|
Other Income |
0.141 |
0.021 |
0.031 |
|
|
|
TOTAL |
556.522 |
316.824 |
13.451 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases |
349.920 |
101.319 |
1.057 |
|
|
|
Payment and Benefits to Employees |
43.101 |
25.208 |
4.705 |
|
|
|
Administrative and Selling Expenses |
36.400 |
78.484 |
6.342 |
|
|
|
Project Expenses |
74.262 |
94.350 |
0.000 |
|
|
|
Preliminary Expenses written off |
0.006 |
0.006 |
0.006 |
|
|
|
Decrease/ Increase in stock |
(2.196) |
0.000 |
0.000 |
|
|
|
TOTAL |
501.493 |
299.367 |
12.110 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
55.029 |
17.457 |
1.341 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
3.939 |
1.389 |
0.309 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
51.090 |
16.068 |
1.032 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
17.370 |
5.302 |
0.410 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
33.720 |
10.766 |
0.622 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
11.520 |
0.754 |
0.132 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
45.240 |
11.520 |
0.754 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
243.728 |
100.326 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
1.54 |
NA |
NA |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
PAT / Total Income |
(%) |
6.06 |
3.39
|
4.62 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
9.18 |
5.07
|
7.69 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
10.92 |
9.84
|
21.90 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.19 |
0.07
|
0.31 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.33 |
0.00
|
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.36 |
1.06
|
2.21 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact
person |
No |
|
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 |
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 |
No |
|
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 |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
UNSECURED LOANS:
|
Particulars |
31.03.2011 Rs. In Millions |
31.03.2010 Rs. In Millions |
|
Other debt unsecured |
67.326 |
0.000 |
|
Total |
67.326 |
0.000 |
INDEX OF CHARGE:
|
Sr. No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10246416
|
17/04/2013
* |
366,400,000.00
|
State
Bank of India |
Industrial
Finance Branch, Rajbhavan Road, Somajiguda, Hyderabad, Andhra Pradesh -
500082, INDIA |
B75354407
|
*Date of modification Charges
FIXED ASSETS:
·
Furniture
·
Office Equipment
·
Air Conditioners
·
Computers
·
Vehicles
NEWS:
4G IDENTITY
SOLUTIONS ANNOUNCES GLOBAL LAUNCH OF ITS BIOMETRIC ENABLED E-VISA ISSUANCE
SYSTEM (BEVIS) DECEMBER 11, 2013
4G Identity Solutions Private Limited (4Gid) announced today the launch
of its Biometric Enabled Electronic-Visa Issuance System (BEVIS) and successful
rollout of the system for one of its important customers in various countries'
missions across the world.
BEVIS from 4Gid is highly advanced Multi-modal Biometric (Fingerprint,
Iris, Face and Signature) Enrollment and Verification System that can be used
by countries to enroll the demographics and biometrics of visitors while
applying for visa at visa service centers, border checkpoints or consulates and
verify their identity while entering borders. The e-visa system is highly
configurable that can implement country and mission specific workflows at
server level with respect to selection of biometric modalities, biometric
devices, Configurable quality check parameters and thresholds, Configurable
demographic fields, selection of data packaging type and option for encryption
of data.
4Gid, a Pioneer and Global Leader in providing large scale identity
management solutions, has played a significant role in bringing biometric
technologies to the forefront of Civil ID especially for Social Inclusion
Programmes. 4Gid has deployed many of the World’s largest successful biometric
deployments including Aadhaar-UID Project of India, World's largest Enterprise
ID system, World's largest Real-Time Identification System and World's largest
Coastal ID project.
Speaking on the occasion Dr. Sreeni
Tripuraneni, Chairman and CEO of 4G Identity Solutions, said, “We are happy to
announce the launch of Biometric Enabled e-Visa Issuance System (BEVIS) and are
delighted to have successfully rolled out BEVIS. We have consistently
demonstrated our success in implementing cutting-edge biometric technologies
for large scale ID programmes and are excited to be in Immigration and Border
control space.”
Earlier 4Gid has successfully delivered biometric component of India’s
Immigration Visa and Foreigners Registration and Tracking (IVFRT) system for
Indian missions across the world
SAP BUSINESS ONE
APPLICATION REACHES 40,000 CUSTOMERS WITH 4G IDENTITY SOLUTIONS PRIVATE LIMITED
MUMBAI, India, July 30, 2013 /PRNewswire/ -- SAP AG (NYSE: SAP) today
announced that 4G Identity Solutions Private Limited, a pioneer in providing
large scale biometric identity management solutions, has selected the SAP(R)
Business One application to streamline critical business areas, including
accounting, finance, HR, sales, customer relationship management, and purchase
and inventory management. The 40,000th customer to use SAP Business One, 4G
Identity Solutions Private Limited has found a suitable integrated business
management solution that meets its business requirements. The announcement was
made at the SAP Business One Forum 2013, being held July 30 in Mumbai, India.
"The latest 9.0 version of SAP Business One is designed
specifically to meet the needs of small and emerging businesses like 4G
Identity Solutions," said Ray Boggs, vice president of SMB Research at
IDC. "SAP has continued to enhance product capabilities to help growing
firms manage all aspects of their operations in an affordable way -- including
customers, sales, accounting and financials -- with the ultimate goal of
boosting overall performance in an increasingly competitive environment."
4G Identity Solutions Private Limited joins the growing number of small
and midsize enterprises (SMEs) using SAP Business One to capture business
information in a single system while maintaining scalability as business
expands. Looking to automate its business processes and provide an accurate
update of real-time business information across all functional areas, 4G
Identity Solutions Private Limited chose SAP based on its ability to deliver
business solutions that enable organizations to become more adaptable,
responsive and profitable. With the help of SAP Business One, 4G Identity
Solutions Private Limited has streamlined the entire sales process: tracking
leads and opportunities, managing sales orders, managing customer data, and
administering after-sales support. The application has also helped automate and
integrate all accounting and financial processes across the organization and
provide timely and accurate financial information.
"SAP Business One enables small and emerging companies like 4G
Identity Solutions Private Limited to remain nimble while competing with
larger, global players," said Dr. Sreeni Tripuraneni, chairman and CEO, 4G
Identity Solutions Private Limited "By delivering an easy-to-use and
intuitive user experience, the application helps us manage back-office
operations in limited time and in a manner that is most efficient to us. As the
40,000th customer, we are a testament to SAP's clear commitment to providing
integrated solutions that help today's SMEs do business on a global scale."
Working with 635 partners globally, SAP Business One has achieved steady
growth to become the company's best-selling ERP application (as measured in
number of customers) since its introduction in March 2002. Used in more than
150 countries and available in 41 country localizations and 27 languages, SAP
Business One is an easy-to-use, affordable and fast-to-implement solution with
low total cost of ownership for SMEs as well as affiliates and subsidiaries of
larger companies. The application covers key processes needed to run an
end-to-end business, including accounting and financials; sales, service and
customer relationships; warehousing, inventory and distribution; purchasing and
operations; human resources; and reporting.
4GID IDENTITY
SOLUTIONS IN CHANNEL WORLD MAGAZINE PREMIER 100 2013
Because 4G Identity Solutions provides niche solutions in biometrics and
dared to traverse through a less understood domain in e-governance. Because it roped
in domain experts to excel in this niche field. Because its team never knew the
concept of giving up and relentlessly pursued clients with its innovative
products and solutions.
Because that belief is what drove it to deliver large scale biometric identity
management solutions in India. Because its efforts resulted in it becoming the
first company to introduce Iris recognition and multimodal biometric
technologies technology in the country. Because it boldly took solutions
outside India and established new markets in Africa and the Middle-East.
Because taking biometric solutions to new locations comes with its own
challenges and 4G Identity Solutions has been successful in surmounting
them.
Because its revenue grew by 45 percent even
in a tough year when many of its established competitors struggled to make any
headway. Because even through testing times it strategically dealt with the
problem of attrition and has never been short-staffed. Because this assured
that the best hands implemented quality solutions.
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.61.52 |
|
|
1 |
Rs.101.48 |
|
Euro |
1 |
Rs.84.11 |
INFORMATION DETAILS
|
Report Prepared
by : |
VNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
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 |
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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
|
|
|
|
TOTAL |
|
27 |
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.