MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

UNI-COLLOIDS IMPEX PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2013

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMU03599B

 

 

PAN No.:

[Permanent Account No.]

AAACU3765B

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

16Approximately)

 

 

BUSINESS DETAILS

 

Line of Business :

Trader and Importer of Cocoa Blocks and Cocoa Powder.

 

 

Products :

Item Code No. (ITC Code)

Product Description

18061000

Chocolate and Other Food Preparations Containing Cocoa

 

 

Imports :

 

Products :

Finished Goods

Countries :

·         Malaysia

·         Europe

 

 

Terms :

 

Selling :

Cash and Credit (30 and 60 Days)

 

 

Purchasing :

Cash, L/C and Credit (30 and 60 Days)

 

 

GENERAL INFORMATION

 

Suppliers :

·         Syral Belgium NV

·         Aastha Stationery

·         Da Vos Life Science Pte Limited

·         Khoj Enterprises

·         Solanki Enterprises

·         Sharia Exports

·         Dynamic Food Ingredients

·         Global Agro Commodities

·         Escaut Valley

·         Worlee Naturprodukte GmbH

 

 

Customers :

Wholesalers, Retailers and End Users

 

·         GlaxoSmithKline Consumer Healthcare Limited, India (GSK)

·         Aaro Foods Private Limited

·         Anjana Agri Foods

·         Lux Flavours

·         Mahavir Agencies

·         National Bakers

·         Orchard Brands Private Limited

·         Global Trading Company

·         S.S. Essence Stores

·         Giriraj Distributors

 

 

No. of Employees :

16 (Approximately)

 

 

Bankers :

·         Standard Chartered Bank, SME Credit, 23-25, M G Road, Fort, Mumbai - 400001, Maharashtra, India

·         Citi Bank

·         HDFC Bank Limited

·         Union Bank of India

·         Punjab National Bank

 

 

Facilities :

SECURED LOANS

31.03.2013

(Rs. In Millions)

31.03.2012

(Rs. In Millions)

LONG TERM BORROWINGS

 

 

SCB Loan (SCB Buyers Credit)

31.769

29.760

 

 

 

SHORT TERM BORROWINGS

 

 

SCB A/c No.:- 23505050549 (Bank Overdraft)

23.522

10.692

Total

55.291

40.452

 

 

 

UNSECURED LOANS

31.03.2013

(Rs. In Millions)

31.03.2012

(Rs. In Millions)

SHORT TERM BORROWINGS

 

 

Other Loans

34.450

0.000

Total

34.450

0.000

 

 

 

Banking Relations :

 

 

 

Auditors :

 

Name :

S.S.Nasir and Company

Chartered Accountants

Address :

239, Nagdevi Stree, 2nd Floor, Room No.7, Mumbai – 400003, Maharashtra, India

Income-tax PAN of auditor or auditor's firm :

AACFS5109C

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 28.09.2013

 

Names of Shareholders

 

No. of Shares

 

Anwar Mohammed Valiulla

 

12788

Khatib Anwar Valiulla

 

9134

Sajid Anwar Valiulla

 

5220

Amaluddin Mohd.Habib Valiulla

 

27338

Farooq Amaluddin Valiulla

 

24793

Aziz Amaluddin Valiulla

 

24793

Majeda Farooq Valiulla

 

6851

Mahera Aziz Valiulla

 

6851

Anina Anwar Valiulla

 

3262

Saheda Khatib Valiulla

 

3262

Rushada Sajid Valiulla

 

3262

Kherunnisa Amaluddin Valiulla

 

6524

Aamir Farooq Valiulla

 

6851

Hamza Aziz Valiulla

 

6851

Total

 

147780

 

 

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

14.778

11.778

11.778

(b) Reserves & Surplus

25.300

25.894

26.393

(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)

40.078

37.672

38.171

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

31.769

29.760

0.915

(b) Deferred tax liabilities (Net)

0.124

0.139

0.469

(c) Other long term liabilities

0.000

0.000

0.000

(d) long-term provisions

0.000

0.000

0.000

Total Non-current Liabilities (3)

31.893

29.899

1.384

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

57.972

10.692

13.383

(b) Trade payables

35.706

27.330

65.974

(c) Other current liabilities

16.389

21.714

26.370

(d) Short-term provisions

0.735

(0.234)

7.731

Total Current Liabilities (4)

110.802

59.502

113.458

 

 

 

 

TOTAL

182.773

127.073

153.013

 

 

 

 

II.      ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

4.320

2.327

0.836

(ii) Intangible Assets

0.000

0.000

0.000

(iii) Capital work-in-progress

0.000

0.000

0.000

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

0.466

1.338

2.120

(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

0.000

0.000

0.000

Total Non-Current Assets

4.786

3.665

2.956

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

86.358

53.101

84.494

(c) Trade receivables

72.212

64.320

39.933

(d) Cash and cash equivalents

1.485

0.735

0.839

(e) Short-term loans and advances

12.217

1.830

4.699

(f) Other current assets

5.715

3.422

20.092

Total Current Assets

177.987

123.408

150.057

 

 

 

 

TOTAL

182.773

127.073

153.013

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2013

 

31.03.2012

31.03.2011

 

SALES

 

 

 

 

 

Income

411.642

376.060

 

 

 

Other Income

0.415

0.168

 

 

 

TOTAL                                    

412.057

376.228

486.217

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Purchase of Traded Goods

417.642

 

 

 

Changes in Inventories of finished goods

(33.258)

 

 

 

 

Employee benefit expenses

9.930

 

 

 

 

Other Expenses

8.717

 

 

 

 

TOTAL                                     (B)

403.031

 

366.903

 

465.910

(Including Depreciation and Financial Expenses)

 

 

 

 

 

 

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

9.026

9.325

 

 

 

 

 

 

Less

FINANCIAL EXPENSES                         (D)

4.548

4.995

 

 

 

 

 

 

 

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

4.478

4.330

 

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

0.576

0.382

 

 

 

 

 

 

 

PROFIT BEFORE TAX

3.902

3.948

20.307

 

 

 

 

 

Less

TAX                                                                 

1.496

1.399

7.012

 

 

 

 

 

 

PROFIT AFTER TAX    

2.406

2.549

13.295

 

 

 

 

 

 

Earnings Per Share (Rs.)

16.28

21.65

112.88

 

Particulars

 

 

 

31.03.2014

 

 

 

 

Sales Turnover (Approximately)

 

 

360.000

(Due to market fluctuation)

 

 

 

 

 

The above information has been parted by Mr. Adnan (Accounts Department).

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (29)

 

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 :

Clear

 

 

RBI DEFAULTERS’ LIST STATUS

 

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

 

 

LOCATIONS

 

Registered Office :

 

Readymoney Premises CHS Limited, Readymoney Terrace, 167, Dr. Annie Besant Road, 1st Floor, Worli Naka, Mumbai – 400018, Maharashtra

Tel. No.:

91-22-67443000

Mobile No.:

91-9820786630 (Mr. Adnan)

Fax No.:

91-22-66370959

E-Mail :

uni@bom8.vsnl.net.in  

unicoll@vsnl.com

accounts@unicolloids.com

adnan@unicokkiuds.com

 

 

Warehouses :

Located at

 

·         Bhivandi

·         Mumbai

·         Ahmedabad

 

 

Branch Office :

4A, 2nd Floor, Shalimar Complex, Mahalaxmi Five Cross Road, Paldi, Ahmedabad – 380007, Gujarat, India.

Tel No.:

91-79-26650741

Fax No.:

91-79-26621775

Area :

1600 sq. ft.

Location :

Owned

 

CHANGE OF ADDRESS

 

The registered office of the company has been shifted from 206, Nagdevi Street, 2nd Floor, Valiulla Complex, Mumbai – 400 003, Maharashtra, India to the present address w.e.f. 06.09.2013.

 

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.