MIRA
INFORM REPORT
IDENTIFICATION DETAILS
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Name : |
SHREE CABLES AND CONDUCTORS PRIVATE LIMITED |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMS15802D |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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Not Divulged |
BUSINESS DETAILS
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Line of Business : |
Manufacturer of Cables and Conductors. |
GENERAL INFORMATION
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No. of Employees : |
Not Divulged |
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Bankers : |
State Bank of India, SME Branch, Govindpura, Industrial Estate, Bhopal - 462023, Madhya Pradesh, India |
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Facilities : |
UNSECURED LOANS
NOTE: LONG TERM
BORROWINGS
i.
Term
Loans from Banks are Seemed By a first mortgage of all the Company's
Immovable properties excluding Land and Building Equitable Mortgage of Lease
Hold Factory Land, Building and Guest House, both present and future ranking
pari passu interest and a first charge by way of hypothecation of all the
company's movables subject to prior charges created in favour of Company's
bankers on Inventories- book debts and other movables for securing the
borrowings for working capital requirement. ii.
The
Company has not defaulted in either repayment of principle or interest during
the year. iii.
There
is no stipulation regarding repayment of unsecured loan. Hence, there is no default in repayment during
the period. iv.
Repayment
during the period. SHORT TERM
BORROWINGS
i.
Working capital
borrowings are secured by way of hypothecation of Inventories and book debts
and further secured by way of second charge ranking pan passu over the fixed
assets both present and future, subject to prior charges created by the
company is favour of banks for securing term loan. Working capital borrowings
are further secured
by the personal guarantee of Mr. D. J. Parekh and Mr. K. D. Parekh Director.
ii.
The
Company has not defaulted in either repayment of principle or interest during
the year |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
Patel Shah and Joshi Chartered Accountant |
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Address : |
501-503, Sheel Chambers, 10, Cawasji Patel Street, Fort, Mumbai-
400001, Maharashtra, India. |
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Tel. No. : |
91-22-22871591 |
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Fax No. : |
91-22-22825865 |
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Email : |
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Website : |
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PAN
No. : |
AAAFP3713D |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 28.09.2013
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Names of Shareholders |
No.
of Shares |
%age |
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Dhirajlal Jagjivandas Parekh |
7250 |
14.68 |
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Jyotiben Dhirajlal Parekh |
11265 |
22.81 |
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Kalpesh Dhirajlal Parekh |
15470 |
31.32 |
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S.D. Parekh |
15410 |
31.20 |
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Total |
49,395 |
100.00 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
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SOURCES
OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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I.
EQUITY AND LIABILITIES |
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(1)Shareholders'
Funds |
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(a) Share Capital |
4.939 |
4.939 |
4.939 |
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(b) Reserves & Surplus |
168.449 |
161.395 |
160.936 |
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(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
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(2)
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
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Total
Shareholders’ Funds (1) + (2) |
173.388 |
166.334 |
165.875 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
24.186 |
59.189 |
83.240 |
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(b) Deferred tax liabilities (Net) |
8.080 |
9.014 |
6.574 |
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(c) Other long term liabilities |
2.250 |
2.250 |
2.250 |
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(d) long-term provisions |
0.000 |
0.700 |
2.650 |
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Total
Non-current Liabilities (3) |
34.516 |
71.153 |
94.714 |
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(4)
Current Liabilities |
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(a) Short term borrowings |
124.535 |
91.418 |
79.635 |
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(b) Trade payables |
36.990 |
33.697 |
15.766 |
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(c) Other current liabilities |
24.778 |
35.661 |
49.170 |
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(d) Short-term provisions |
0.000 |
2.650 |
5.200 |
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Total
Current Liabilities (4) |
186.303 |
163.426 |
149.771 |
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TOTAL |
394.207 |
400.913 |
410.360 |
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II.
ASSETS |
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(1)
Non-current assets |
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(a) Fixed Assets |
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(i) Tangible assets |
176.106 |
190.348 |
171.942 |
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(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii) Capital work-in-progress |
0.000 |
0.000 |
38.028 |
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(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
1.165 |
1.165 |
1.165 |
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(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
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(d) Long-term Loan
and Advances |
2.928 |
0.987 |
0.977 |
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(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
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Total
Non-Current Assets |
180.199 |
192.500 |
212.112 |
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(2)
Current assets |
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(a) Current investments |
0.000 |
0.000 |
0.000 |
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(b) Inventories |
42.011 |
39.812 |
24.348 |
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(c) Trade receivables |
41.380 |
45.287 |
17.164 |
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(d) Cash and cash equivalents |
123.836 |
112.154 |
138.046 |
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(e) Short-term loans and advances |
6.781 |
11.160 |
18.690 |
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(f) Other current assets |
0.000 |
0.000 |
0.000 |
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Total
Current Assets |
214.008 |
208.413 |
198.248 |
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TOTAL |
394.207 |
400.913 |
410.360 |
PROFIT & LOSS
ACCOUNT
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PARTICULARS |
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31.03.2013 |
31.03.2012 |
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SALES |
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Income |
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431.266 |
332.888 |
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Other Income |
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NA |
NA |
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TOTAL |
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NA |
NA |
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Less |
EXPENSES |
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TOTAL |
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NA |
NA |
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PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
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33.499 |
24.537 |
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Less/ Add |
DEPRECIATION/
AMORTISATION |
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22.700 |
23.356 |
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PROFIT/ (LOSS) BEFORE TAX |
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10.799 |
1.181 |
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Less |
TAX |
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4.000 |
0.700 |
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PROFIT/
(LOSS) AFTER TAX |
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6.799 |
0.481 |
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Earnings /
(Loss) Per Share (Rs.) |
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137.64 |
9.74 |
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RATING & COMMENTS
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MIRA’s Rating : |
Ba (46) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
RBI DEFAULTERS LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
LOCATIONS
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Registered Office : |
37- Hindu Friends Co-Operative Housing Society, Road No.2, 2-Ganga
Apartments,2nd Floor, Natwar Nagar, Jogeshwari (East), Mumbai –
400060, Maharashtra, India |
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Tel. No.: |
91-22-28352063/ 28352189 |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Locations : |
Owned |
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Corporate Office : |
41/42, Hindu Friends Co-Op Housing Society, Natwar Nagar, Jogeshwari
(East), Mumbai – 400060, Maharashtra, India |
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Factory : |
7-C, 14-A and 15-A, Industrial Estate, Govindpura, Bhopal – 462023,
Madhya Pradesh, India |
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Tel. No.: |
91-755-2602405/ 2602816/ |
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Fax No.: |
91-755-3602194/ 4282482 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.