MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

INTELLICON PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

AHMI00588A

 

 

PAN No.:

[Permanent Account No.]

AAACI4324C

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

335 (Approximately)

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer of Bar Coding and Communication Equipments.

 

 

Products :

Enterprise Communications

Ø       IP Communication Server

Ø       ISDN/ IP Based Digital EPABX

Ø       Digital ISDN Key Telephone System

Ø       Analog Key Telephone Systems

             

             

Video Conferencing and AV Integration Solutions

Ø       High Definition VC Products & Solutions

Ø       VC Infrastructure Products and Desktop solutions

Ø       Integrated Control & Automation Systems

Ø       LFD/LED Displays & Video Wall Solutions

             

             

Information Technology

Ø       Mobile Computers

Ø       Barcode Scanners/ Mobile Computers

Ø       Barcode / RFID Printers

Ø       Mobile Printers

Ø       High Speed Industrial Laser-Raster/ Image Scanners

Ø       RFID Equipments

Ø       Wireless Network Components

                         

Software Products

Ø       IntelliASSET: Asset Tracking Software

Ø       IntelliCAS: Call Accounting Software

Ø       IntelliCONSOLL PC Based Consol

Ø       IntelliCONTACT: Call Centre Solution

Ø       IntelliCONTACT-VL: Voice Loggers

Ø       IntelliERS: Emergency Reporting System

Ø       IntelliIVRSL Integrated Voice Response System

Ø       IntelliMEET: Meet Me Conference Solution

Ø       IntelliVMS: Voice Mail Solution

Ø       IntelliWMS: Warehouse Management Software

 

 

Imports :

 

Products :

Raw Material

Countries :

·         USA

·         China

·         Singapore

 

 

GENERAL INFORMATION

 

Suppliers :

·         Life Size

·         Karel

·         Zebra

·         Honeywell

·         Microscan

·         Bluebird

·         Impinj

 

 

Customers :

End Users

 

·         Bajaj Auto Limited

 

 

No. of Employees :

335 (Approximately)

 

 

Bankers :

HDFC Bank Limited, Plot # 448, Sector – 16, Next To Pragna Petrol Pump, Gandhinagar – 82016, Gujarat, India

 

 

Facilities :

CC Rs. 250.000 Millions from HDFC Bank Limited

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Shreekant S Shah and Company

Chartered Accountants

Address :

11, Krishna Apartment, 2nd Floor, Opposite Russian Flats, Navrangpura, Ahmedabad – 380009, Gujarat, India

Tel No.:

91-79-26425541/ 26441102

Fax No.:

91-79-26430843

Email :

shreekant@cashreekantshah.com

shreekant.shah@gmail.com

Pan No.:

ACVPS6968C

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

 

Names of Shareholders

No. of Shares

Sameer Shashikant Parekh

94560

Shashikant Shamjibhai Parekh [HUF]

18000

Arusha Stock Holdings Private Limited, India

427500

 

 

Total

540060

 

 

Equity Share Break up (Percentage of Total Equity)

 

Category

Percentage of Holding

Bodies corporate

80.00

Directors or relatives of Directors

20.00

Total

100.00

 

 

 

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

5.401

5.401

18.401

(b) Reserves & Surplus

103.193

104.391

82.004

(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)

108.594

109.792

100.405

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

57.711

59.703

64.297

(b) Deferred tax liabilities (Net)

4.945

3.271

4.656

(c) Other long term liabilities

0.116

0.299

0.319

(d) long-term provisions

0.000

0.000

5.209

Total Non-current Liabilities (3)

62.772

63.273

74.481

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

127.254

132.871

99.984

(b) Trade payables

125.387

124.039

198.730

(c) Other current liabilities

38.923

50.049

82.785

(d) Short-term provisions

37.262

16.861

30.913

Total Current Liabilities (4)

328.826

323.820

412.412

 

 

 

 

TOTAL

500.192

496.885

587.298

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

39.625

43.986

46.123

(ii) Intangible Assets

1.532

2.413

1.540

(iii) Capital work-in-progress

1.153

0.329

0.219

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

1.090

1.090

1.090

(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

6.818

8.304

8.298

Total Non-Current Assets

50.218

56.122

57.270

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

142.412

126.687

95.854

(c) Trade receivables

240.537

254.175

397.717

(d) Cash and cash equivalents

14.541

19.421

7.617

(e) Short-term loans and advances

38.799

11.278

4.192

(f) Other current assets

13.685

29.202

24.648

Total Current Assets

449.974

440.763

530.028

 

 

 

 

TOTAL

500.192

496.885

587.298

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

669.678

793.397

798.481

 

 

Other Income

3.890

1.908

0.678

 

 

TOTAL                                    

673.568

795.305

799.159

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Cost of material consumed and goods traded

446.986

529.361

 

 

Employee benefits expenses

141.346

135.120

 

 

 

Other expenses

64.949

87.442

 

 

 

Exceptional Items

(0.193)

(5.035)

 

 

 

TOTAL                                    

653.088

746.888

709.579

 

 

 

 

 

 

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

20.480

48.417

89.580

 

 

 

 

 

Less

FINANCIAL EXPENSES                        

12.513

15.830

15.852

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION

7.967

32.587

73.728

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION        

6.766

7.142

6.316

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX 

1.201

25.445

67.412

 

 

 

 

 

Less

TAX                                                                 

2.399

23.545

24.662

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX

(1.198)

1.900

42.750

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

(2.22)

(35.19)

79.16

 

 

Particulars

 

 

 

31.03.2014

Sales Turnover

 

 

950.000

 

 

 

 

 

The above information has been parted by Mr. Darshil Shah

 

 

LOCAL AGENCY FURTHER INFORMATION

 

 

LITIGATION DETAILS

 

HIGH COURT OF GUJARAT

STAMP NUMBER No. 2171 of 2012

 

Status : PENDING

 

CCIN No : 001087201202171

 

S.NO.

Name of the Petitioner

Advocate On Record

1

STATE OF GUJARAT

GOVERNMENT PLEADER for: null http://gujarathc-casestatus.nic.in/gujarathc/images/arrow1.png 1

 

S.NO.

Name of the Respondant

Advocate On Record

1

INTELLICON PVT LTD

 

 

Presented On

: 15/10/2012

Registered On

: 15/10/2012

Bench Category

: DIVISION BENCH

District

: GANDHINAGAR

Case Originated From

: THROUGH ADVOCATE

Listed

: 0 times

StageName

: ADMISSION (FRESH MATTERS)

Classification

DB - CIVIL APPLICATION - CODE OF CIVIL PROCEDURE, 1908 - ABATEMENT / SETTING ASIDE ABATEMENT

Act

SALES TAX ACT, 1969

 

OFFICE DETAILS

 

S. No.

Filing Date

Document Name

Advocate Name

Court Fee on Document

Document Details

1

15/10/2012

MEMO OF APPEAL/PETITION/SUIT

GOVERNMENT PLEADER 
for PETITIONER(s) http://gujarathc-casestatus.nic.in/gujarathc/images/arrow1.png 1

20

GOVERNMENT PLEADER:1

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (30)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Exist

 

 

RBI DEFAULTERS’ LIST STATUS

 

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

 

LOCATIONS

 

Registered Office :

B – 404, Shivalik Plaza, Opposite AMA, Panjrapol, Ahmedabad – 380015, Gujarat, India

Tel. No. :

91-79-30013333

Mobile No. :

91-9898422499 (Mr. Darshil Shah)

Fax No. :

91-79-30013300

E-Mail :

corporate@intellicon.in

Website :

www.intellicon.in

Location :

Owned

 

 

Factory :

B/20, Electronic Estate, Sector – 25, GIDC, Gandhinagar – 382024, Gujarat, India

Tel. No. :

91-79-30512000

Fax No. :

91-79-30512010

Location :

Owned

 

 

Branch Office :

Located At: 

 

·         Mumbai

·         Ahmedabad

·         Gandhinagar

·         New Delhi

·         Pune

·         Secunderabad

·         Surat

·         Bangalore

·         Baroda

·         Bhopal

·         Chennai

·         Ernakulam

·         Kolkata

·         Lucknow

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.