MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

ADITYA POLYMERS AND CHEMCIALS (INDIA) PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMA21156C

 

 

PAN No.:

[Permanent Account No.]

AAECA7080R

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

20 (Approximately)

 

BUSINESS DETAILS

 

Line of Business :

They are Del Credere agent ref Reliance Polymers.

 

 

Terms :

 

Selling :

Cash and Credit

 

 

Purchasing :

Cash and Credit

 

CASE DETAILS

 

Case Details

Case Type

Cri.Appeal

Filing No.

100052/2014     Filing date: 03-01-2014

Registration No.

100016/2014     Registration date: 07-01-2014

Case code

201701000522014

 

CASE STATUS

First Hearing Date

07-01-2014

Next Hearing Date

14-03-2014

Purpose of Hearing

Notice_Unready

Court No & Judge

61 - DISTRICT JUDGE -15 AND ADDL. SESSIONS JUDGE PUNE

 

Petitioner(s) & Advocate(s)

Petitioner - Ropa Plastics Private Limited etc. 1

Address - Gat No.837/2 Pune Nagar Road Village Sanaswadi Taluka Shirur District Pune

Advocate - Shri. A.V.Bhuskute

Respondent(s) & Advocate(s)

Respondent - Aditya Polymers And Chemicals India Private Limited etc. 1

Address - 118 Satyam Estate 35/A Erandawane Pune 04

Advocate - 

 

ACTS

Under Act(s)

---

Under Section(s)

---

Subject

 

 

LOWER COURT INFORMATION

Court No & Name

Judicial Magistrate First Class A.C. Court

Case No & Year

Sum Case - 0006210 - 2011

Case Decision Date

17-12-2013

 

 

FIR DETAILS

Police Station

 

FIR No.

0

Year

0

 

History Of Case Hearing

Regn. No.

Judge 

Bussiness on Date

Hearing Date

Purpose of Hearing

100016/2014

DISTRICT JUDGE -15 AND ADDL. SESSIONS JUDGE PUNE

07-01-2014

10-01-2014

Argument on Exh.____Unready

100016/2014

DISTRICT JUDGE -15 AND ADDL. SESSIONS JUDGE PUNE

10-01-2014

10-02-2014

Notice_Unready

100016/2014

DISTRICT JUDGE -15 AND ADDL. SESSIONS JUDGE PUNE

10-02-2014

25-02-2014

Notice_Unready

100016/2014

DISTRICT JUDGE -15 AND ADDL. SESSIONS JUDGE PUNE

25-02-2014

14-03-2014

Notice_Unready

 

Orders

Order No.

Order Date

Order Details

 

Writ Information

Regn. No.

Appellate Case No.

Appellate Authority

Date of Reciept

 

Case Transfer Details Between The Courts

Regn. No.

Transfer Date

From Court No 
and Judge

To Court No 
and Judge

 

FINANCIAL RESULTS 

 

The company for the year under reference achieve profit before taxation of Rs. 25.495 Millions as compared to previous year of Rs. 21.434 Millions

 

GENERAL INFORMATION

 

Suppliers :

Reliance Industries Limited

 

 

Customers :

Premium Poly Alloys Private Limited

 

 

No. of Employees :

20 (Approximately)

 

 

Bankers :

·         Corporation Bank, Earnest House, 1st Floor, Nariman Point,, Mumbai - 400021, Maharashtra, India

·         The Saraswat Co - Operative Bank Limited, C-2, Kohinoor Estate Co-Operative Housing Society, Plot No. 12, Mula Road Sangamwadi, Pune - 411003, Maharashtra, India

·         Bank of Baroda, Backbay Reclamation, Ram Mahal, 8-Dinshaw Vachha Road, Churchgate, Mumbai - 400020, Maharashtra, India

·         Axis Bank

·         ICICI Bank Limited

·         Central Bank of India

·         Kotak Mahindra Bank Limited

 

 

Facilities :

(Rs. In Millions)

Secured Loan

As on

31.03.2013

As on

31.03.2012

Long term borrowings

 

 

Axis Bank Limited- term loan

125.327

136.963

Kotak Mahindra car loan

1.571

3.618

ICICI Bank govardhan office

1.675

1.858

 

 

 

Short term borrowings

 

 

Bank of Baroda

420.101

462.773

Corporate bank CC 110008

349.804

231.834

Central bank of India

140.213

0.000

 

 

 

Total

1038.691

837.046

 

 

 

Unsecured Loan

As on

31.03.2013

As on

31.03.2012

Long term borrowings

 

 

Bajaj Finance loans

0.000

0.415

Barclays Bank Limited

0.000

1.368

India Bulls Financial services limited

0.000

0.294

Kotak Mahindra Bank Limited

0.000

0.911

Magma financial corporation limited

0.000

0.634

Religare financial investment limited

0.000

0.537

 

 

 

Total

0.000

4.159

 

 

 

Banking Relations :

 

 

 

Auditors :

 

Name :

V.D. Lagu and Company

Chartered Accountants

Address :

3, Vaikhari, Near Parle Tilak Vidyalaya, Hanuman Road, Vile Parle (E), Mumbai – 400057, Maharashtra, India

Tel. No.:

91-22-26114719 / 26166159

PAN No.:

AAAPL1300J

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on: 30.09.2013

 

Names of Shareholders

 

No. of Shares

Rajanee Balkrishna Joshi

 

800000

Anirudha Balkrishna Joshi

 

1300000

Aditya Balkrishna Joshi

 

599900

 

 

 

Total

 

2699900

 

 

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

26.999

26.999

19.999

(b) Reserves & Surplus

256.348

238.329

90.527

(c) Money received against share warrants

0.000

0.000

0.000

 

 

 

 

(2) Share Application money pending allotment

0.000

0.000

0.000

Total Shareholders’ Funds (1) + (2)

283.347

265.328

110.526

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

128.572

146.597

110.488

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

302.691

284.141

214.144

(d) long-term provisions

0.000

0.000

0.000

Total Non-current Liabilities (3)

431.263

430.738

324.632

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

910.119

694.608

458.339

(b) Trade payables

1.531

1.796

1.491

(c) Other current liabilities

7.780

7.780

0.200

(d) Short-term provisions

14.000

6.500

7.500

Total Current Liabilities (4)

933.430

710.684

467.530

 

 

 

 

TOTAL

1,648.040

1,406.750

902.688

 

 

 

 

II.          ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

336.676

291.542

17.386

(ii) Intangible Assets

0.000

0.000

0.000

(iii) Capital work-in-progress

0.000

0.000

173.581

(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

0.000

0.000

0.000

(e) Other Non-current assets

6.568

7.389

3.812

Total Non-Current Assets

343.244

298.931

194.779

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.400

0.000

0.000

(b) Inventories

0.000

0.000

0.000

(c) Trade receivables

1,179.075

1,005.374

614.787

(d) Cash and cash equivalents

1.091

0.664

0.407

(e) Short-term loans and advances

0.359

0.411

0.138

(f) Other current assets

123.871

101.370

92.577

Total Current Assets

1,304.796

1,107.819

707.909

 

 

 

 

TOTAL

1,648.040

1,406.750

902.688

 

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

Income

140.826

140.772

90.399

 

Other Income

25.016

19.101

5.766

 

TOTAL (A)

165.842

159.873

96.165

 

 

 

 

 

Less

EXPENSES

 

 

 

 

Employees benefits expense

11.302

11.446

10.169

 

Other expenses

8.353

18.706

10.139

 

Exceptional Items

0.000

0.000

0.102

 

TOTAL (B)

19.655

30.152

20.410

 

 

 

 

 

Less

PROFIT/ (LOSS)  BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (C)

146.187

129.721

75.755

 

 

 

 

 

Less

FINANCIAL EXPENSES (D)

117.817

105.599

53.045

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)

28.370

24.122

22.710

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION (F)

2.875

2.688

2.261

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX (E-F)   (G)

25.495

21.434

20.449

 

 

 

 

 

Less

TAX (I)

7.500

6.500

7.500

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX  (G-I)   (J)

17.995

14.934

12.949

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

 6.67

5.53

NA

 

 

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba (42)

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Exist

 

 

RBI DEFAILTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

LOCATIONS

 

Registered Office :

118, Satyam Estate, 35 / Aeranwana, Off. Karve Road, Pune – 411038, Maharashtra, India

Tel. No.:

91-20-25444155

Mobile No.:

91-9320322202 (Mr. Bhavesh Mehta)

Fax No.:

91-20-32906744

E-Mail :

pune@apcipl.com

Website :

http://www.apcipl.com

Area :

1000 Sq. ft.

Location :

Owned

 

 

Corporate Office :

125/6, Kalpataru Society, Dixit Road, Vile Parle (East), Mumbai – 400057, Maharashtra, India

Tel. No.:

91-22-26142333 / 26147912 / 26183613 / 26115060

Fax No.:

91-22-26113474

Email.

mumbai@apcipl.com

 

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