IDENTIFICATION DETAILS
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Name : |
ACEBRIGHT (INDIA) PHARMA PRIVATE LIMITED [w.e.f.24.04.2012] |
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Formerly Known
As : |
CDYMAX (INDIA) PHARMA PRIVATE LIMITED [w.e.f.06.08.2009] INTERMED LABS 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.] |
BLRI00919C |
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PAN No.: [Permanent Account No.] |
AAACI8027N |
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Legal Form : |
Private Limited Liability Company |
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No. of Employees
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60 [Approximately] |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Exporter of Active Pharmaceutical Ingredients. |
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Exports : |
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Products : |
Finished Goods |
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Countries : |
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Imports : |
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Products : |
Raw Material |
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Countries : |
· China |
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Terms : |
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Selling : |
Cash and Advance Payment |
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Purchasing : |
Cash and Advance Payment |
PRODUCTION STATUS AS ON 31.03.2013
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Particulars |
Unit |
Licensed
Capacity |
Installed
Capacity |
Actual
Production |
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Bulk Drugs |
M.T. Per Annum |
NA |
200 |
14.25 |
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NOTES:
The installed capacity is as certified by
management and verified by Auditors since this is a Technical matter.
GENERAL INFORMATION
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Customers : |
Wholesalers, Retailers and End Users |
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No. of Employees : |
60 [Approximately] |
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Bankers : |
· Corporation Bank Industrial Finance Branch No.30, 1st Floor, 2nd Cr,
Rallaram Memorial Building, CSI Compound Mission Road, Bangalore - 560027,
Karnataka, India |
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Facilities : |
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Banking
Relations : |
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Auditors : |
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Name : |
R. Natarajan Chartered Accountant |
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Address : |
#19/1, 2nd Floor, 6th Main, 9th Cross, Malleshwaram, Bangalore – 560003,
Karnataka, India |
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Telefax : |
91-80-23348770 |
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Mobile No.: |
91-9448067041 |
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E-Mail : |
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PAN No.: |
AANPR6508D |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 21.09.2013
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Names of Shareholders |
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No. of Shares |
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Medsyn Laboratories Private Limited, India |
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8775 |
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Couplet Limited, British Virginia Islands |
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325225 |
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Manorama Avinash |
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1 |
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Total |
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334001 |
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 |
33.400 |
33.400 |
23.400 |
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(b) Reserves & Surplus |
115.272 |
334.643 |
248.385 |
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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) |
148.672 |
368.043 |
271.785 |
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(3)
Non-Current Liabilities |
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(a) long-term borrowings |
194.570 |
219.060 |
386.325 |
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(b) Deferred tax liabilities (Net) |
8.907 |
10.652 |
1.596 |
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(c) Other long
term liabilities |
0.000 |
0.000 |
0.000 |
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(d) long-term
provisions |
31.033 |
31.033 |
31.033 |
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Total Non-current
Liabilities (3) |
234.510 |
260.745 |
418.954 |
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(4)
Current Liabilities |
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(a)
Short term borrowings |
593.250 |
48.027 |
20.530 |
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(b)
Trade payables |
411.070 |
265.211 |
58.790 |
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(c)
Other current liabilities |
3.184 |
0.810 |
3.851 |
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(d) Short-term
provisions |
16.006 |
13.030 |
7.545 |
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Total Current
Liabilities (4) |
1023.510 |
327.078 |
90.716 |
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TOTAL |
1406.692 |
955.866 |
781.455 |
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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 |
687.351 |
492.054 |
64.043 |
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(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
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(iii)
Capital work-in-progress |
31.991 |
53.267 |
347.801 |
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(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
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(b) Non-current Investments |
0.014 |
0.014 |
0.014 |
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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 |
157.408 |
146.254 |
135.171 |
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(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
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Total Non-Current
Assets |
876.764 |
691.589 |
547.029 |
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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 |
296.161 |
146.155 |
96.544 |
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(c)
Trade receivables |
119.882 |
36.148 |
83.244 |
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(d) Cash
and cash equivalents |
0.766 |
0.176 |
0.136 |
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(e)
Short-term loans and advances |
113.119 |
81.798 |
54.502 |
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(f)
Other current assets |
0.000 |
0.000 |
0.000 |
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Total
Current Assets |
529.928 |
264.277 |
234.426 |
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TOTAL |
1406.692 |
955.866 |
781.455 |
PROFIT & LOSS
ACCOUNT
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PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
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SALES |
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Income |
598.437 |
451.606 |
411.952 |
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Other Income |
0.761 |
0.553 |
44.429 |
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TOTAL |
599.198 |
452.159 |
456.381 |
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Less |
EXPENSES |
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TOTAL |
661.802 |
408.821 |
429.092 |
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Less |
PROFIT/
[LOSS] BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
(62.604) |
43.338 |
27.289 |
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Less |
FINANCIAL
EXPENSES |
72.169 |
38.633 |
4.808 |
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PROFIT/
[LOSS] BEFORE TAX, DEPRECIATION AND AMORTISATION |
(134.773) |
4.705 |
22.481 |
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Less/ Add |
DEPRECIATION/
AMORTISATION |
86.211 |
38.465 |
5.552 |
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Less |
PRIOR PERIOD
EXPENSES |
0.132 |
0.000 |
1.697 |
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PROFIT/ [LOSS]
BEFORE TAX |
(221.116) |
(33.760) |
15.232 |
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Less |
TAX |
(1.744) |
(9.056) |
5.293 |
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PROFIT/ [LOSS]
AFTER TAX |
(219.372) |
(42.816) |
9.939 |
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Add |
PREVIOUS YEARS’
BALANCE BROUGHT FORWARD |
33.219 |
76.035 |
66.096 |
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BALANCE CARRIED
TO THE B/S |
(186.153) |
33.219 |
76.035 |
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EARNINGS IN
FOREIGN CURRENCY |
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Export Earnings |
353.552 |
57.991 |
66.797 |
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IMPORTS |
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Raw Materials |
461.259 |
239.051 |
290.681 |
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Earnings/ [Loss]
Per Share (Rs.) |
(656.80) |
(128.19) |
42.47 |
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Particulars |
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31.03.2014 |
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Sales Turnover |
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1410.000 |
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[Due to more
orders and more export business] |
The above information has been parted by Mr. K. Jayakumar [Finance
Manager]
PERFORMANCE
The Company’s total turnover for the year was Rs. 598.437 Millions
(Previous year Rs. 451.606 Millions) comprising of Rs. 353.552 Millions from
Export Sales, Rs. 244.885 Millions from Domestic Sales.
RATING & COMMENTS
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MIRA’s Rating : |
B (30) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
RBI DEFAILTERS’ 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/ Factory : |
116/117, KIADB Industrial Area, Jigani 2nd Phase, Bangalore – 560105,
Karnataka, India |
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Tel. No.: |
91-8110-415545 |
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Fax No.: |
91-8110-415540 |
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E-Mail : |
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Website : |
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Sales/ Marketing/ Branch Office : |
B-Wing, 206/207, Classique
Centre, Mahal Industrial Estate, Off Mahakali Caves Road, Andheri (East),
Mumbai – 400093, Maharashtra, India |
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Tel. No.: |
91-22-26879344 |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.