|
Report Date : |
20.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
NIDHI PRINT PACK |
|
|
|
|
Registered
Office : |
Plot 342, At Post Bhavda Odhav Kuhu Road, Daskroi, Ahmedabad, Gujarat |
|
|
|
|
Country : |
|
|
|
|
|
Year of
Establishment : |
2014 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Not Divulged |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Manufacturer of Printing Laminated Pouch. |
|
|
|
|
No. of Employees
: |
20 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Business |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a new partnership concern and establishing itself
gradually. Mr. Vishnu Bhai Patel, Partner has provided all general information and
also informed that activity will start from July end of August starting. Business is active. Payment terms are unknown. The concern can be considered for business dealing on a safe and
secured trade terms and conditions. |
NOTES:
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
US investment bank
Goldman Sachs has upgraded its outlook on Indian markets as it expects positive
impact of the election cycle.
India’s economy may
grow 4.7 % in the current financial year, lower than the official estimate of 4.9
%, Fitch Rating said. The global rating agency expects the economy to pick up
in the next two financial years.
Global ratings
agency Standard & Poor said increasing focus by India Inc on lowering debt
is likely to improve their credit profiles.
Singapore (1.1
million Indian tourists in 2012), Thailand (one million), the United Arab
Emirates ().98 million) and Malaysia ().82 million) emerged as the preferred
holidays hotspots for Indians. The total figure is expected to increase to 1.93
million by 2017, according to the latest Eurmonitor international report.
There is a $29.34 bn
outward foreign direct investment by domestic companies between April and
January of 2013/14 which has seen some signs of recovery according to a Care
Ratings report.
There are 264 number
of new companies being set up every day on average during 2014. Most of them
are registered in Mumbai. India had 1.38 million registered companies at the
end of January, 2014.
Twitter like
messaging service Weibo Corporation has filed to raise $ 500 million via a US
initial public offering. Alibaba, which owns a stake in Weibo is expected to
raise about $ 15 billion New York this year in the highest profile Internet IPO
since Facebook’s in 2012.
Bharti Airtel has
raised Rs.2,453.2 crore (350 million Swiss Francs) by selling six-year bonds at
a coupon rate of three per cent and maturing in 2020. This is the largest ever
bond offering by an Indian company in Swiss Francs. Bharat Petroleum
Corporation raised 175 million Swiss Francs by selling five year bonds at 2.98
% coupon rate in February.
Indian Oil
Corporation plans to invest Rs.7650 crore in setting up a petrochemical complex
at its almost complete Paradip refinery in Odhisha in three to four years. The
company board is set to consider the setting up of a 700000 tonne per annum
polypropylene plant at an estimated cost at Rs.3150 crore.
Global chief
information officers at gathering in Bangalore in April to meet Indian startups
at an event called Tech50 Watchout for Little Eye Labs-Facebook type deals in
the making.
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2012.
INFORMATION PARTED BY
|
Name : |
Mr. Vishnubhai Patel |
|
Designation : |
Partner |
|
Contact No.: |
91-9374611112 |
|
Date : |
18.06.2014 |
LOCATIONS
|
Registered Office : |
Plot 342, At Post Bhavda Odhav Kuhu Road, Daskroi, Ahmedabad, Gujarat,
India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9374611112 (Mr. Vishnubhai Patel) |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
|
Name : |
Mr. Vishnubhai Ramanbhai Patel |
|
Designation : |
Director |
|
Address : |
C-1, Akash Flats, Near Vaibhav Bungalows P-3, Gulab Tower Road, Thaltej,
Ahmedabad – 380059, Gujarat, India |
|
Date of Birth/Age : |
42 years |
|
PAN No.: |
APLPP4786N |
|
|
|
|
Name : |
Mr. Narendrabhai Ramanbhai Patel |
|
Designation : |
Director |
|
Address : |
18, Nandanvan Bungalows, B/h Gujarat High Court, Sola, Ahmedabad –
380060, Gujarat, India |
|
Date of Birth/Age : |
41 years |
|
PAN No.: |
AGVPP1114D |
|
|
|
|
Name : |
Mr. Ronakbhai Kanubhai Patel |
|
Designation : |
Director |
|
Address : |
E-303, Shantiniketan Apartment, Memnagar, Ahmedabad, Gujarat, India |
|
Date of Birth/Age : |
23 years |
|
PAN No.: |
BTFPP5317Q |
|
|
|
|
Name : |
Mr. Ramanbhai Kalidas Patel |
|
Designation : |
Director |
|
Address : |
C-1, Akash Flats, Near Vaibhav Bungalows P-3, Gulab Tower Road,
Thaltej, Ahmedabad – 380059, Gujarat, India |
|
Date of Birth/Age : |
73 years |
|
PAN No.: |
AMBPP8309G |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Printing Laminated Pouch. |
|
|
|
|
Terms : |
|
|
Selling : |
Advance Payment |
|
|
|
|
Purchasing : |
Cash and Advance Payment |
GENERAL INFORMATION
|
Customers : |
Wholesalers and Retailers |
|
|
|
|
No. of Employees : |
20 (Approximately) |
|
|
|
|
Bankers : |
· Kalupur Commercial Co-operative Bank Bodakdev Branch, India |
|
|
|
|
Facilities : |
-- |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Knack Consultant (Mr. Niravbhai Brahmbhatt) Chartered Accountants |
|
Address : |
502/4, Nirman House, B/h Hotel Vice President, Opposite Bata Showroom, Times of India Cross Road, Ashram Road, Ahmedabad – 380009, Gujarat, India |
|
PAN No.: |
91-79-30617999 |
|
|
|
|
Associates/Subsidiaries : |
· Nidhi Flexipack Year of Establishment : 2005 · Nidhi Plastic |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL DATA
[All figures are
in Rupees Millions]
NEW BUSINESS
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact person |
Yes |
|
11] |
Turnover of firm for last three years |
No |
|
12] |
Profitability for last three years |
No |
|
13] |
Reasons for variation <> 20% |
----- |
|
14] |
Estimation for coming financial year |
Yes |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
----- |
|
22] |
Litigations that the firm / promoter
involved in |
----- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking account |
----- |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if applicable |
No |
|
29] |
Last accounts filed at ROC |
No |
|
30] |
Major Shareholders, if available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of Proprietor/Partner/Director, if
available |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director,
if available |
No |
|
34] |
External Agency Rating, if available |
No |
------------------------------------------------------------------------------------------------------------------------------
COST OF PROJECT
|
SR.
NO. |
PARTICULAR |
(RS. IN
MILLIONS) |
|
1 |
Land |
0.000 |
|
2 |
Factory Building |
0.000 |
|
3 |
Plant and Machineries |
49.323 |
|
4 |
Other Equipments |
0.000 |
|
5 |
Electrification |
2.801 |
|
6 |
Contingency |
0.445 |
|
7 |
Pre - Op Expenses |
0.929 |
|
|
Total Capital
Cost of Project |
53.499 |
|
8 |
GEB Deposited |
0.800 |
|
9 |
Margin for Working Capital |
2.200 |
|
|
TOTAL COST OF
THE PROJECT |
56.499 |
MEANS OF FINANCE
|
SR.
NO. |
PARTICULAR |
(RS. IN
MILLIONS) |
|
1 |
Share Capital |
13.500 |
|
2 |
Unsecured loan |
6.599 |
|
3 |
Share Premium |
0.000 |
|
4 |
Term Loans From BANK |
36.400 |
|
|
TOTAL MEANS OF
FINANCE |
56.499 |
------------------------------------------------------------------------------------------------------------------------------
ASSESSMENT OF WORKING CAPITAL REQUIREMENT
OPERATING STATEMENT
(RS. IN MILLIONS)
|
Particular |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
||
|
Projection |
Projection |
Projection |
Projection |
Projection |
|||
|
Operating
Months |
8 |
12 |
12 |
12 |
12 |
||
|
Utilised
Capacity |
40% |
43% |
45% |
48% |
50% |
||
|
Gross Sales |
|
|
|
|
|
||
|
a. |
Domestic
Sales |
100.770 |
156.833 |
165.029 |
174.200 |
183.372 |
|
|
b. |
Export
Sales |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
c. |
Job
Sales |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
Total |
|
1007.70 |
1568.33 |
1650.29 |
1742.00 |
1833.72 |
|
Less
: Excise duty |
15.356 |
23.899 |
25.148 |
26.545 |
27.943 |
||
|
Net Sales (1 - 2) |
85.414 |
132.935 |
139.881 |
147.655 |
155.429 |
||
|
|
|
|
|
|
|
||
|
% age rise (+) or fall (-) in net sales as
compared to previous year (annualized) |
-- |
55.64% |
5.23% |
5.56% |
5.27% |
||
|
|
|
|
|
|
|
||
|
Cost of Sales |
0.70 |
0.69 |
0.69 |
0.69 |
0.69 |
||
|
Raw
materials (including stores & other items used in the process of mfg.) |
|
|
|
|
|
||
|
Indigenous |
59.871 |
91.483 |
96.864 |
102.246 |
107.627 |
||
|
Imported |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
|
|
|
|
|
|
||
|
Other
Spares |
|
|
|
|
|
||
|
Imported |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Indigenous |
0.854 |
1.338 |
1.412 |
1.491 |
1.569 |
||
|
|
|
|
|
|
|
||
|
Power
and Fuel |
2.933 |
4.452 |
4.714 |
4.976 |
5.238 |
||
|
Direct
Labour (Wages & Salary) |
5.684 |
7.266 |
7.630 |
8.011 |
8.412 |
||
|
Other
manufacturing expenses |
2.562 |
4.116 |
4.402 |
4.650 |
4.895 |
||
|
Packing
Charges |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Depreciation |
6.888 |
5.855 |
4.976 |
4.230 |
3.595 |
||
|
Sub-total (i to v) |
787.92 |
1145.10 |
1199.98 |
1256.03 |
1313.36 |
||
|
|
|
|
|
|
|
||
|
Add
: Opening Stock-in-process |
0.000 |
1.321 |
0.687 |
0.723 |
0.759 |
||
|
Sub-total (vii + viii) |
78.792 |
115.830 |
120.685 |
126.325 |
132.096 |
||
|
Deduct
: Closing Stock-in-process |
1.321 |
0.687 |
0.723 |
0.759 |
0.797 |
||
|
Cost of Production |
77.472 |
115.144 |
119.962 |
125.566 |
131.299 |
||
|
|
|
|
|
|
|
||
|
Add
: Op. Stock of finished goods |
0.000 |
1.357 |
0.707 |
0.745 |
0.783 |
||
|
Sub-total (x + xi) |
77.472 |
116.501 |
120.669 |
126.311 |
132.082 |
||
|
Deduct : Cl. Stock of finished goods |
1.357 |
0.707 |
0.745 |
0.783 |
0.821 |
||
|
Sub-total (Total Cost of Sales) |
76.115 |
115.794 |
119.924 |
125.528 |
131.261 |
||
|
GROSS PROFIT |
9.299 |
17.141 |
19.956 |
22.127 |
24.168 |
||
|
|
|
|
|
|
|
||
|
Selling,
general and administrative expenses |
3.844 |
6.174 |
6.603 |
6.975 |
7.343 |
||
|
Sub-total ( 5 + 6) |
79.958 |
121.968 |
126.528 |
132.503 |
138.604 |
||
|
|
|
|
|
|
|
||
|
Operating
Profit Before Interest ( 3 - 6) |
5.456 |
10.967 |
13.353 |
15.152 |
16.825 |
||
|
Interest
& Financial Charges |
4.505 |
5.927 |
5.185 |
4.443 |
3.701 |
||
|
Interest
on term loan |
3.195 |
4.297 |
3.555 |
2.813 |
2.071 |
||
|
Interest
on W. C. Loan |
0.638 |
0.956 |
0.956 |
0.956 |
0.956 |
||
|
Interest
on unsecured loans |
0.673 |
0.673 |
0.673 |
0.673 |
0.673 |
||
|
Operating
Profit After Interest ( 7 - 8 ) |
0.950 |
5.040 |
8.168 |
10.709 |
13.124 |
||
|
Add : Other non-operating Income |
|
|
|
|
|
||
|
Commission |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Misc
Income |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Scrap
Sales |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Purchase
of Shares |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Sub
- total (income) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Deduct
: Other non-operating expenses |
|
|
|
|
|
||
|
Preliminary
Expenses w/o |
0.186 |
0.186 |
0.186 |
0.186 |
0.186 |
||
|
Misc.
expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Director's
Remuneration |
0.000 |
1.000 |
1.000 |
1.000 |
1.000 |
||
|
Sub - total (expenses) |
0.186 |
1.186 |
1.186 |
1.186 |
1.186 |
||
|
Net of other non-operating income/expense |
(0.186) |
(1.186) |
(1.186) |
(1.186) |
(1.186) |
||
|
Profit
before tax/loss [ 9 + 10 (iii)] |
0.764 |
3.854 |
6.982 |
9.524 |
11.939 |
||
|
Provisions
for taxes |
0.236 |
1.191 |
2.158 |
2.943 |
3.689 |
||
|
Net Profit / Loss |
0.528 |
2.663 |
4.825 |
6.581 |
8.250 |
||
|
Equity
dividend |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
||
|
Dividend Rate (Including tax on dividend |
0% |
0% |
0% |
0% |
0% |
||
|
Retained
Profit ( 13 -14 ) |
0.528 |
2.663 |
4.825 |
6.581 |
8.250 |
||
|
PBDIT |
12.158 |
15.635 |
17.144 |
18.196 |
19.235 |
||
|
Cash
Profit |
7.602 |
8.704 |
9.987 |
10.997 |
12.031 |
||
|
|
|
|
|
|
|
||
|
Retained Profit / Net Profit |
100% |
100% |
100% |
100% |
100% |
||
|
GP
to Sales % |
10.89% |
12.89% |
14.27% |
14.99% |
15.55% |
||
|
OP
to Sales % |
1.11% |
3.79% |
5.84% |
7.25% |
8.44% |
||
|
PBT
to Sales% |
0.90% |
2.90% |
4.99% |
6.45% |
7.68% |
||
|
NP
to Sales % |
0.62% |
2.00% |
3.45% |
4.46% |
5.31% |
||
|
Interest
Coverage |
0.206 |
0.289 |
0.385 |
0.498 |
0.653 |
||
|
PBDIT
to Sales % |
14.23% |
11.76% |
12.26% |
12.32% |
12.38% |
||
|
Cash
Profit to Sales % |
8.90% |
6.55% |
7.14% |
7.45% |
7.74% |
||
------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BALANCE SHEET
(RS. IN MILLIONS)
|
Sr No |
Particulars |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
|
|
|
Projection |
Projection |
Projection |
Projection |
Projection |
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
1 |
Short
term borrowings from bank (incl. Bills purchased, discounted & excess
borrowings placed on repayment basis) |
|
|
|
|
|
|
|
(i)
From applicant bank |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
(ii)
From other banks |
-- |
-- |
-- |
-- |
-- |
|
|
(iii)
of which EP & BD |
-- |
-- |
-- |
-- |
-- |
|
|
Sub Total (A) |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
|
|
|
|
|
|
|
2 |
Short
term borrowings from others |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
3 |
Sundry
Creditors - Trade |
4.989 |
7.624 |
8.072 |
8.520 |
8.969 |
|
|
|
|
|
|
|
|
|
4 |
Advance
payments from customers/deposits from dealers |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
5 |
Provision
for Taxation |
0.236 |
1.191 |
2.158 |
2.943 |
3.689 |
|
|
|
|
|
|
|
|
|
6 |
Dividend
Payable |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
7 |
Other
statutory liabilities (due within one year)
|
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
8 |
Deposits/
Instalments of term loan/ DPGs/ Debentures, etc.(due within one year) |
5.600 |
5.600 |
5.600 |
5.600 |
5.600 |
|
|
|
|
|
|
|
|
|
9 |
Other
current liabilities & Provisions (due within one year) |
0.435 |
0.640 |
0.678 |
0.715 |
0.752 |
|
|
|
|
|
|
|
|
|
|
Sub Total (B) |
11.260 |
15.054 |
16.508 |
17.778 |
19.010 |
|
|
|
|
|
|
|
|
|
10 |
Total Current Liabilities [total of 1 to 9] |
21.260 |
25.054 |
26.508 |
27.778 |
29.010 |
|
|
|
|
|
|
|
|
|
|
TERM LIABILITIES |
|
|
|
|
|
|
11 |
Debentures
(Not maturing within one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
12 |
Preference
Shares (Redeemable after one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
13 |
Term
loans (Excluding instalments payable within one year) |
29.400 |
23.800 |
18.200 |
12.600 |
7.000 |
|
|
|
|
|
|
|
|
|
14 |
Differed
Payment Credits (Excl. instalments due within one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
15 |
Term
deposits (Repayable after one year) |
6.599 |
6.599 |
6.599 |
6.599 |
6.599 |
|
|
|
|
|
|
|
|
|
16 |
Other
term liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
17 |
Total term liabilities (Total of 11 to 16) |
35.999 |
30.399 |
24.799 |
19.199 |
13.599 |
|
|
|
|
|
|
|
|
|
18 |
Total Outside Liabilities [10+17] |
57.259 |
55.453 |
51.307 |
46.977 |
42.609 |
|
|
|
|
|
|
|
|
|
|
NET WORTH |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19 |
Share
Capital |
13.500 |
13.500 |
13.500 |
13.500 |
13.500 |
|
|
|
|
|
|
|
|
|
20 |
Capital
addition |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
21 |
Drawing |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
22 |
Withdrawal |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
23 |
Surplus
(+) or deficit (-) in Profit & Loss Account |
0.528 |
3.191 |
8.016 |
14.597 |
22.847 |
|
|
|
|
|
|
|
|
|
24 |
Total Net worth |
14.028 |
16.691 |
21.516 |
28.097 |
36.347 |
|
|
|
|
|
|
|
|
|
25 |
TOTAL
LIABILITIES [18+24] |
71.288 |
72.145 |
72.823 |
75.074 |
78.956 |
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26 |
Cash
& Bank balances |
0.200 |
0.218 |
0.283 |
0.358 |
0.428 |
|
|
|
|
|
|
|
|
|
27 |
Deposits |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
28 |
Receivables |
18.303 |
19.940 |
20.982 |
22.148 |
23.314 |
|
|
|
|
|
|
|
|
|
30 |
Inventories |
|
|
|
|
|
|
|
Raw
materials (including stores and other items in process of manufacture) |
|
|
|
|
|
|
|
(a)
Imported |
-- |
-- |
-- |
-- |
-- |
|
|
(b)
Indigenous |
5.702 |
7.624 |
8.072 |
8.520 |
8.969 |
|
|
|
|
|
|
|
|
|
|
Stock-in-process |
1.321 |
0.687 |
0.723 |
0.759 |
0.797 |
|
|
|
|
|
|
|
|
|
|
Finished
Goods |
1.357 |
0.707 |
0.745 |
0.783 |
0.821 |
|
|
|
|
|
|
|
|
|
31 |
Advance
to suppliers of Raw materials and stores/spares |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
32 |
Advance
payment of taxes |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
33 |
Other
current assets |
3.790 |
7.790 |
9.100 |
10.500 |
11.400 |
|
|
|
|
|
|
|
|
|
34 |
Total Current asset [Total 26 to 33] |
30.714 |
37.011 |
39.952 |
43.119 |
45.782 |
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
35 |
Gross
Block (land and building machinery vehicles work-in-progress) |
45.918 |
45.918 |
45.918 |
45.918 |
45.918 |
|
|
|
|
|
|
|
|
|
36 |
Depreciation
to date |
6.888 |
12.742 |
17.719 |
21.949 |
25.544 |
|
|
|
|
|
|
|
|
|
37 |
NET BLOCK (35-36) |
39.031 |
33.176 |
28.200 |
23.970 |
20.374 |
|
|
|
|
|
|
|
|
|
38 |
Investments/book
debts /advances deposits which are not current assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
i.(a)Investments
in subsidiary companies/ affiliates |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
(b)Others |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
ii.
Advances to suppliers of capital goods and contractors |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
iii.
Deferred receivables (maturity exceeding one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
iv.
Others |
0.800 |
1.400 |
4.300 |
7.800 |
12.800 |
|
|
|
|
|
|
|
|
|
39 |
Non
Consumables Stores and Spare |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
40 |
Other
Non-Current Assets (Incl.
Dues from Director) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
41 |
Total other non-current assets (Total of 38
to 40) |
0.800 |
1.400 |
4.300 |
7.800 |
12.800 |
|
|
|
|
|
|
|
|
|
42 |
Intangible
assets (patents, goodwill, prelim, expenses, bad/ doubtful debts not provided
for etc.) |
0.744 |
0.558 |
0.372 |
0.186 |
0.000 |
|
|
|
|
|
|
|
|
|
43 |
TOTAL
ASSETS (Total of 34,37,41 & 42) |
71.288 |
72.145 |
72.823 |
75.074 |
78.956 |
|
|
|
|
|
|
|
|
|
44 |
Tangible
net worth (24-42) |
13.285 |
16.134 |
21.145 |
27.911 |
36.347 |
|
|
|
|
|
|
|
|
|
45 |
Net
working Capital [(17+24)-(37+41+42)] Totally with (34-10) |
9.453 |
11.957 |
13.44 |
15.341 |
16.771 |
|
|
|
|
|
|
|
|
|
46 |
Current
Ratio [34/10] |
1.44 |
1.48 |
1.51 |
1.55 |
1.58 |
|
|
|
|
|
|
|
|
|
47 |
Total
outside liabilities / Net worth (18/44) |
4.31 |
3.44 |
2.43 |
1.68 |
1.17 |
|
|
|
|
|
|
|
|
|
48 |
Total
Term Liabilities/ Tangible Net worth |
2.71 |
1.88 |
1.17 |
0.69 |
0.37 |
|
|
|
|
|
|
|
|
|
|
Quasi
TOL/ TNW |
2.55 |
2.15 |
1.61 |
1.17 |
0.84 |
|
|
Quasi
TTL/ TNW |
1.48 |
1.05 |
0.66 |
0.37 |
0.16 |
|
|
|
|
|
|
|
|
|
|
ADDITIONAL INFORMATION |
|
|
|
|
|
|
|
A.
Arrears of depreciation |
NA |
NA |
NA |
NA |
NA |
|
|
B.
Contingent Liabilities: |
NA |
NA |
NA |
NA |
NA |
|
|
(a)
Arrears of cumulative dividends |
NA |
NA |
NA |
NA |
NA |
|
|
(b)
Gratuity liability not provided for |
NA |
NA |
NA |
NA |
NA |
|
|
(c)
Disputed excise/ customs/tax liabilities |
NA |
NA |
NA |
NA |
NA |
|
|
(d)
Other liabilities not provided for |
NA |
NA |
NA |
NA |
NA |
------------------------------------------------------------------------------------------------------------------------------
COMPARATIVE STATEMENT OF CURRENT ASSETS
& CURRENT LIABILITIES
(RS. IN MILLIONS)
|
Sr. No |
Particulars |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
|
|
|
Projection |
Projection |
Projection |
Projection |
Projection |
|
|
A. CURRENT ASSETS: |
|
|
|
|
|
|
1. |
Raw materials (incl. Stores & other items used in the process of
manufacture) |
|
|
|
|
|
|
|
Imported |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
-Month's Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
Indigenous |
5.702 |
7.624 |
8.072 |
8.520 |
8.969 |
|
|
-Month's Consumption |
(0.76) |
(1.00) |
(1.00) |
(1.00) |
(1.00) |
|
|
|
|
|
|
|
|
|
2. |
Other Consumable spares, excluding those included on 1 above |
|
|
|
|
|
|
|
Imported |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
-Month's Consumption |
-- |
-- |
-- |
-- |
-- |
|
|
Indigenous |
0.041 |
0.045 |
0.047 |
0.050 |
0.052 |
|
|
-Month's Consumption |
(0.38) |
(0.27) |
(0.27) |
(0.27) |
(0.27) |
|
|
|
|
|
|
|
|
|
3. |
Stock In Process |
1.321 |
0.687 |
0.723 |
0.759 |
0.797 |
|
|
-Month's Consumption |
(0.14) |
(0.07) |
(0.07) |
(0.07) |
(0.07) |
|
|
|
|
|
|
|
|
|
4. |
Finished goods (months' cost of
production) |
1.357 |
0.707 |
0.745 |
0.783 |
0.821 |
|
|
-Month's Consumption |
(0.14) |
(0.07) |
(0.07) |
(0.07) |
(0.08) |
|
|
|
|
|
|
|
|
|
5. |
Receivables other than export and deferred
receivables (Incl. Bills purchased & discounted by bankers) |
18.303 |
19.940 |
20.982 |
22.148 |
23.314 |
|
|
-Month's Domestic Sales : Excluding deferred payments sales |
(1.45) |
(1.53) |
(1.53) |
(1.53) |
(1.53) |
|
|
|
|
|
|
|
|
|
6. |
Export Receivable |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Month’s Exports sales |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
7. |
Advances to suppliers of raw materials and stores/ spares, consumables |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
8. |
Other current assets incl. Cash and bank
bal. & deferred receivables due within 1 yr |
3.990 |
8.009 |
9.383 |
10.858 |
11.828 |
|
|
|
|
|
|
|
|
|
9 |
Total Current
Assets [1 to 8] |
30.714 |
37.011 |
39.952 |
43.119 |
45.782 |
|
|
(To agree with item 34 in Form III) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B. CURRENT
LAIBILITES (Other than bank
borrowings for working capital) |
|
|
|
|
|
|
10 |
Creditors for purchase of raw materials, stores & consumable
spares |
4.989 |
7.624 |
8.072 |
8.520 |
8.969 |
|
|
Month's purchases |
(0.67) |
(1.00) |
(1.00) |
(1.00) |
(1.00) |
|
|
|
|
|
|
|
|
|
11 |
Advance From Customers |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
12 |
Statutory
Liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|||||
|
13 |
Other
current liabilities & Provisions (due within one year) |
6.271 |
7.431 |
8.436 |
9.258 |
10.041 |
|
|
|
|
|
|
|
|
|
14 |
Total Current
Liabilities [10 to 17] |
11.260 |
15.054 |
16.508 |
17.778 |
19.010 |
|
|
(To agree with sub-total B-Form III) |
|
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL
(RS. IN MILLIONS)
|
Sr. No |
Particulars |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
|
|
|
Projection |
Projection |
Projection |
Projection |
Projection |
|
1 |
Total Current Assets (Form IV) |
30.714 |
37.011 |
39.952 |
43.119 |
45.782 |
|
|
|
|
|
|
|
|
|
2 |
Other Current Liabilities (other than bank
borrowings) (14 of Form IV) |
11.260 |
15.054 |
16.508 |
17.778 |
19.010 |
|
|
|
|
|
|
|
|
|
|
METHOD – I |
|
|
|
|
|
|
3 |
Working Capital Gap (WCP) (1-2) |
19.453 |
21.957 |
23.444 |
25.341 |
26.771 |
|
|
|
|
|
|
|
|
|
4 |
Minimum stipulated net working Capital -
25% of total current assets other than Export Receivables (as at 28(ii) of form
III) |
4.863 |
5.489 |
5.861 |
6.335 |
6.693 |
|
|
|
|
|
|
|
|
|
5 |
Actual/projected net working capital (45 in
form III) |
9.453 |
11.957 |
13.444 |
15.341 |
16.771 |
|
|
|
|
|
|
|
|
|
6 |
Item 3 minus item 4 |
14.590 |
16.468 |
17.583 |
19.005 |
20.079 |
|
|
|
|
|
|
|
|
|
7 |
Item 3 minus item 5 |
100.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
|
|
|
|
|
|
|
8 |
Maximum permissible bank finance (item 6 or
7 whichever is less) |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
|
|
|
|
|
|
|
9 |
Excess borrowings, if any representing
short fall in NWC (4-5) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Method - II |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 |
Working capital gap (WCG) [1-2] |
19.453 |
21.957 |
23.444 |
25.341 |
26.771 |
|
|
|
|
|
|
|
|
|
11 |
Minimum stipulated net w.c. i.e. 25% of total c.a. as the case may be
depending upon the method of lending being applied. (export receivables to be
excluded under both methods |
7.678 |
9.253 |
9.988 |
10.780 |
11.445 |
|
|
|
|
|
|
|
|
|
12 |
Actual/Projected net w.c. (45 in form III) |
9.453 |
11.957 |
13.444 |
15.341 |
16.771 |
|
|
|
|
|
|
|
|
|
13 |
Item 10 minus item 11 |
11.775 |
12.704 |
13.456 |
14.561 |
15.326 |
|
|
|
|
|
|
|
|
|
14 |
Item 10 minus item 12 |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
|
|
|
|
|
|
|
15 |
Maximum permissible bank finance (item 13 or 14 whichever is lower) |
10.000 |
10.000 |
10.000 |
10.000 |
10.000 |
|
|
|
|
|
|
|
|
|
16 |
Excess borrowings representing
- Short fall in NWC |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
------------------------------------------------------------------------------------------------------------------------------
FUNDS FLOW STATEMENT
(RS. IN MILLIONS)
|
Sr. No |
PARTICULARS |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
|
|
|
Projection |
Projection |
Projection |
Projection |
Projection |
|
1 |
Sources |
|
|
|
|
|
|
|
[a] Net profit |
0.528 |
2.663 |
4.825 |
6.581 |
8.250 |
|
|
[b] Depreciation |
6.888 |
5.855 |
4.976 |
4.230 |
3.595 |
|
|
[c] Increase in Capital |
13.500 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[d] Increased in Term Liabilities (incl. Public deposits) |
35.999 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[e] Decrease in |
|
|
|
|
|
|
|
[i] Fixed Assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[ii] Other non-current Assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[iii] Non Tangible Assets |
0.000 |
0.186 |
0.186 |
0.186 |
0.186 |
|
|
[f] Others |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[g] Total |
56.915 |
8.704 |
9.987 |
10.997 |
12.031 |
|
|
|
|
|
|
|
|
|
2 |
Application |
|
|
|
|
|
|
|
[a] Net Loss |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[b] Decrease in Term Liabilities (Incl. Public deposits) |
0.000 |
5.600 |
5.600 |
5.600 |
5.600 |
|
|
|
|
|
|
|
|
|
|
[c] Increase in |
|
|
|
|
|
|
|
[i] Fixed Assets |
45.918 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[ii]
Other non-current Assets |
0.800 |
0.600 |
2.900 |
3.500 |
5.000 |
|
|
[iii] Non Tangible Assets |
0.744 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[d] Dividend Payments |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[e] Others |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[f] Total |
47.462 |
6.200 |
8.500 |
9.100 |
10.600 |
|
|
|
|
|
|
|
|
|
3 |
Long Term Surplus (+) /
Deficit (-) (1 minus 2) |
9.453 |
2.504 |
1.487 |
1.897 |
1.431 |
|
|
|
|
|
|
|
|
|
4 |
+ / (-)
in current assets * (
As per details given below) |
30.714 |
6.297 |
2.941 |
3.167 |
2.663 |
|
|
|
|
|
|
|
|
|
5 |
+ /
(-) in current Liabilities other than bank borrowings |
11.260 |
3.794 |
1.454 |
1.270 |
1.232 |
|
|
|
|
|
|
|
|
|
6 |
+ /
(-) in working capital Gap |
19.453 |
2.504 |
1.487 |
1.897 |
1.431 |
|
|
|
|
|
|
|
|
|
7 |
Net Surplus (+) / deficit
(-) (Difference of 3 & 6) |
(10.000) |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
8 |
+ /
(-) in Bank Borrowings |
10.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
9 |
Increase/ decrease in Net Sales |
85.414 |
47.521 |
6.946 |
7.774 |
7.774 |
|
|
|
|
|
|
|
|
|
|
Short Term Sources |
|
|
|
|
|
|
|
Increase short term bank borrowings (including bills purchased and
discounted by bank) |
10.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Increase in other current liabilities |
11.260 |
3.794 |
1.454 |
1.270 |
1.232 |
|
|
Decrease in inventory |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Decrease in receivable
(including bills purchased and discounted by banker) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Decrease in other current assets
(including cash and bank
balance) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Sub-Total |
21.260 |
3.794 |
1.454 |
1.270 |
1.232 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SHORT TERM USES |
|
|
|
|
|
|
|
Decrease short term bank borrowings (including bills purchased and
discounted by bank) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Payment of dividend |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Decrease in
other current liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Increase in inventory |
8.420 |
0.642 |
0.525 |
0.526 |
0.526 |
|
|
Increase in receivable |
18.303 |
1.637 |
1.042 |
1.166 |
1.166 |
|
|
Increase in other current assets
(Including cash and bank balance) |
3.990 |
4.019 |
1.374 |
1.475 |
0.970 |
|
|
Sub-Total |
30.714 |
6.297 |
2.941 |
3.167 |
2.663 |
|
|
|
|
|
|
|
|
|
|
Long Term Sources |
56.915 |
8.704 |
9.987 |
10.997 |
12.031 |
|
|
Less: Long Term Uses |
47.462 |
6.200 |
8.500 |
9.100 |
10.600 |
|
|
Surplus/
Shortfall |
9.453 |
2.504 |
1.487 |
1.897 |
1.431 |
|
|
|
|
|
|
|
|
|
|
Short Term Uses |
21.260 |
3.794 |
1.454 |
1.270 |
1.232 |
|
|
Less: Short Term Uses |
30.714 |
6.297 |
2.941 |
3.167 |
2.663 |
|
|
Surplus/
Shortfall |
(9.453) |
(2.504) |
(1.487) |
1.897 |
1.431 |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
(MR. VISHNUBHAI RAMANBHAI PATEL)
(RS. IN MILLIONS)
DETAILS OF ASSETS
MOVABLE PROPERTIES
LIC POLICIES
|
Policy No |
Date of issuance |
Sum assured (Rs. In millions) |
|
|
|
|
|
837531089 |
28/03/2010 |
0.500 |
|
838490472 |
22/06/2012 |
0.250 |
|
832444099 |
28/03/2003 |
0.500 |
|
836093935 |
28/03/2003 |
0.125 |
|
831995272 |
28/03/1995 |
0.025 |
SHARES/ DEBENTURES ETC.
|
Particulars |
Total Amount |
|
Shares/ Debentures |
0.058 |
Full details of other investments if any: (i.e. Jewellery, Investment in other firm etc.) = Rs.3.477 Millions
|
TOTAL ASSETS |
RS.3.535
MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
(MR.
RONAKBHAI KANUBHAI PATEL)
(RS. IN MILLIONS)
DETAILS OF ASSETS
Full details of other investments if any: (i.e. Jewellery, Investment in other firm etc.) = Rs.1.026 Millions
|
TOTAL ASSETS |
RS.1.026
MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
(MR. RAMANBHAI KALIDAS PATEL)
(RS. IN MILLIONS)
DETAILS OF ASSETS
IMMOVABLE PROPERTIES
A. Nature of properties
Plot of land : 3, Bhagirath Estate, Opposite Amraiwadi AEC, Ahmedabad, Gujarat, India
Agriculture Land : Plot Nos. 1128, 1199, 1201, 1202, 1203, 1353 Bhavada, Dascroi, Ahmedabad, Gujarat, India
House / Godowns : House Situated at C- 1, Akash Flats, Near Vaibhav Bunglows P-3, Gulab Tower Road, Thaltej, Ahmedabad, Gujarat, India
Present estimated market value of the property/ies : Rs.79.000 Millions
Term Deposits:
Rs.0.100 Million
|
TOTAL ASSETS |
RS.79.100
MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
(MR.
NARENDRABHAI RAMANBHAI PATEL)
(RS. IN MILLIONS)
DETAILS OF ASSETS
IMMOVABLE PROPERTIES
Plot of land : Plot No 842/A, Rakanpurgam, Kalol, Gandhinagar, Gujarat, India
Plot No 70, Shreeji Industrial Estate, Raipur, Gujarat, India
House / Godowns : House situated at 18,Nandanvan Bunglows, B/H Gujarat High Court, Sola, Ahmedabad, Gujarat, India
E- 303, Shantiniketan Apartment, Memnagar, Ahmedabad, Gujarat, India
Present estimated market value of the property/ies : Rs.38.930 Millions
LIC POLICIES
|
Policy No |
Date of issuance |
Sum assured (Rs. In millions) |
|
|
|
|
|
831995243 |
28/03/1995 |
0.025 |
|
836093972 |
28.03.2008 |
0.125 |
Details like Reg. No. type and value of
vehicle/s owned: Rs.0.613 Millions
Capital investment in business. Name of
Firm/ Company (As on latest Provisional Balance sheet date): Rs.1.713 Millions
|
TOTAL ASSETS |
RS.41.405
MILLIONS |
Details of Loans in individual name/firms
Name /Company’s Name:
Name/s of the Bank /other Institution and its branch : Axis Bank
Purpose and amount of Loan availed : Housing Loan - Car Loan- Rs.0.550 Millions
Present balance outstanding : Housing Loan- Car Loan – Rs.0.169 Millions
------------------------------------------------------------------------------------------------------------------------------
VALUATION OF IMMOVABLE PROPERTY
GENERAL INFORMATION
|
Purpose for which valuation is made |
Fair Market Value BOB SME Branch |
|
|
|
|
Date on which valuation is made |
17.05.2014 |
|
|
|
|
Name of the Owner/Owners |
Nidhi Print Pack A Partnership Firm with Partners – Shree Ramanbhai
Kalidasbhai Patel, Shree narendrabhai Ramanlal Patel. |
|
|
|
|
If the Property is under Joint Ownership/
Co-ownership share of each owner are the shares undivided? |
Nidhi Print Pack A Partnership Firm with Partners – Shree
Ramanbhai Kalidasbhai Patel, Shree narendrabhai Ramanlal Patel. |
|
|
|
|
Brief Description of the Property Location, Street Ward No. Survey/ Plot No of Land |
It is Industrial
Shed at Survey No342, Village, Bhavda Ta Saskroi |
|
|
|
|
Is the Property situated in residential/
Commercial/ Mixed Area/ Industrial area |
Industrial Area |
|
|
|
|
Classification of Locality High Class/
Middle Class/ Poor Class/ |
Middle Class |
|
|
|
|
Proximity to civic amenities like School, Hospital,
Offices, Market, Cinema etc. |
All amenities are @ Stone’s throw |
|
|
|
|
Means and Proximity to surface communication
by which the locality is served. |
By Road and Rixa |
|
|
|
|
LAND |
|
|
Area of land supported by documentary proof shape,
dimensions and physical features. |
Total N.A. Land as per Dastawej is 5121.00
smt. Land as per sanctioned Drg. Is 4595.00 smt= 5492 sq. yd. for valuation
purpose land taken 5492 sqyd. |
|
|
|
|
Roads, Streets or lanes on which the land is
abutting. |
Near AHD Indore six lane road about 15 km
away from AHD |
|
|
|
|
Is it freehold or leasehold land |
Freehold |
|
|
|
|
If leasehold the name of lessor/ lease nature of lease dates of commencement and termination
of lease and terms of renewal of lease |
Not Leasehold |
|
|
|
|
IMPROVEMENTS |
|
|
Is building owner-occupied tenanted/both? |
Owner Occupied |
|
|
|
|
What is the floor space index permissible
and percentage actually utilized? |
FSI as per rules in force |
|
|
|
|
RENTS |
|
|
Names of tenants/ lessees/ licensees etc. |
Not Rented property |
|
|
|
|
Give details of water and electricity
charges, if any to be born by the owner. |
Bills not received |
|
|
|
|
If a pump is installed. Who has to bear the
cost of maintenance and operation? Owner or tenant |
1 HP |
|
|
|
|
Who has to bear the cost of electricity
charges for lighting of common space, like entrance hall, stairs, passages,
compound etc. |
Owner |
|
|
|
|
What is the amount of property tax who is to
bear it? Give details with documentary proof? |
Tax bill not received |
|
|
|
|
SALES |
|
|
|
|
|
Give instances of sales of immovable
property in the locality on a separate sheet indicating the name and address
of the property. Registration no sale price and area of land sold. |
Valuation is done as per local inquiry |
|
|
|
|
Land rate adopted in this valuation |
Rs.4000/- per sq. yd. |
|
|
|
|
If sales instances are not available or
relied upon the basis of arriving at the land rate. |
Market Inquiry |
|
|
|
|
COST OF CONSTRUCTION |
|
|
Year of commencement of construction and
year of completion. |
2014 |
|
|
|
|
What was the method of construction by
contract by employing labour direct/ by Both?
|
Constructed by owner purpose of materails
and engaging labopur. |
|
|
|
|
For items of work done on contact produce
copies of agreement |
Lies with builder |
|
|
|
|
No of Floor and Height of such floor |
Only Ground Floor |
|
|
|
|
Plinth area floor wise (As per IS 386-1956) |
1866.00 sq. yd. |
|
|
|
|
Year of construction |
2014 |
|
|
|
|
Estimated future life |
50 years from date of report |
|
|
|
|
Type of construction loans bearing wall
R.C.C. frame/ Steel Frame |
Load Bearing |
|
|
|
|
Foundation |
Open |
|
|
|
|
Walls a)
Basement b)
Ground Floor c) Super structure above ground floor |
Brick Walls |
|
|
|
|
Partitions |
Brick partition walls |
|
|
|
|
Door and Windows (Floor Wise) |
Steel Shutter doors and Fully Glazed
windows. |
|
|
|
|
Finishing (Floor wise) |
Cement |
|
|
|
|
Roofing and Terracing |
Galvanium Roof on steel Trusses |
|
|
|
|
Special architectural or decorative feature
if any |
Good Elevation |
|
|
|
|
Internal wiring surface or conduit Class of Fitting Superior Ordinary/ poor |
Concealed and Superior |
|
|
|
|
Sanitary Installation: |
One Toilet block |
|
|
|
|
Class
of fittings superior coloured/ superior white/ Ordinary |
Superior |
|
|
|
|
Compound Walls |
Brick Masonry Compound Wall 6’-0” high |
|
|
|
|
Underground
sump, capacity and type of construction |
10000 ltrs.
|
|
|
|
|
Overhead
tank |
10000 ltrs.
|
|
|
|
|
Pump
No and their horse power |
1 HP |
|
|
|
|
Road
and paving within the compound. |
No Pavement |
|
|
|
|
Sewage
disposal whether connected to Public sewers if septic tank |
In Septic Tank. |
------------------------------------------------------------------------------------------------------------------------------
VALUATION OF IMMOVABLE PROPERTY
GENERAL
INFORMATION
|
Purpose for which valuation is made |
Fair Market Value BOB SME Branch |
|
|
|
|
Date on which valuation is made |
17.05.2014 |
|
|
|
|
Name of the Owner/Owners |
Nishi Flexi Pack Sole Proprietor – Kanubhai Ramanlal Patel |
|
|
|
|
If the Property is under Joint Ownership/ Co-ownership
share of each owner are the shares undivided? |
Nidhi Flexi Pack Sole Proprietor – Kanubhai Ramanlal Patel |
|
|
|
|
Brief Description of the Property Location, Street Ward No. Survey/ Plot No of Land |
Shed 71, Shreeji
Industrial Estate, (Ex. Raipur Mill compound) TPS 11, FP-43/A/1
Saraspur. |
|
|
|
|
Is the Property situated in residential/
Commercial/ Mixed Area/ Industrial area |
Industrial Area |
|
|
|
|
Classification of Locality High Class/
Middle Class/ Poor Class/ |
Middle Class |
|
|
|
|
Proximity to civic amenities like School,
Hospital, Offices, Market, Cinema etc. |
All amenities are @ Stone’s throw |
|
|
|
|
Means and Proximity to surface communication
by which the locality is served. |
Bi Road and Rixa |
|
|
|
|
LAND |
|
|
Area of land supported by documentary proof
shape, dimensions and physical features. |
Land area is a per actual measurements |
|
|
|
|
Roads, Streets or lanes on which the land is
abutting. |
Near Main Road |
|
|
|
|
Is it freehold or leasehold land |
Freehold |
|
|
|
|
If leasehold the name of lessor/ lease nature of lease dates of commencement and
termination of lease and terms of renewal of lease |
Not Leasehold |
|
|
|
|
IMPROVEMENTS |
|
|
Is building owner-occupied tenanted/both? |
Tenanted |
|
|
|
|
What is the floor space index permissible
and percentage actually utilized? |
FSI as per rules in force |
|
|
|
|
RENTS |
|
|
Names of tenants/ lessees/ licensees etc. |
Totally rented property |
|
|
|
|
Area any occupants related to or close
business associates of the owner? |
Rented property |
|
|
|
|
Give details of water and electricity
charges, if any to be born by the owner. |
As per bills to be borned by tenant |
|
|
|
|
If a pump is installed. Who has to bear the
cost of maintenance and operation? Owner or tenant |
No Pump |
|
|
|
|
Who has to bear the cost of electricity
charges for lighting of common space, like entrance hall, stairs, passages, compound
etc. |
Tenant |
|
|
|
|
What is the amount of property tax who is to
bear it? Give details with documentary proof? |
Rs.8504/- |
|
|
|
|
SALES |
|
|
|
|
|
Give instances of sales of immovable property
in the locality on a separate sheet indicating the name and address of the
property. Registration no sale price and area of land sold. |
Valuation is done as premarket rates. |
|
|
|
|
Land rate adopted in this valuation |
Rs.50,000/- per sq. yd. (This is ex. Raipur
Mill premises in heart of Saraspur) |
|
|
|
|
If sales instances are not available or
relied upon the basis of arriving at the land rate. |
Market Inquiry |
|
|
|
|
COST OF CONSTRUCTION |
|
|
Year of commencement of construction and
year of completion. |
2006-2007 |
|
|
|
|
What was the method of construction by
contract by employing labour direct/ by Both?
|
Constructed by builder |
|
|
|
|
For items of work done on contact produce copies
of agreement |
Lies with builder. |
|
|
|
|
PROJECT
VALUATION REPORT Valuation report of the property of Nidhi
Flexi Pack, Sole Proprietor- Shree Kanubhai Ramanlal Patel, Property under valuation
– Shed 71, Shreeji Estate (Located at EX-Raipur Mill Compound) TPS – 11,
FP-43/A/11, Mouje, Saraspur, AHD, shed dimensioned to- Occupied land by
Shed-40’-9”x13’-6”=500.00sft=61.00 sqyd. Built up Ground Floor – 40’-9”x13’-6”=550.00
sft First Floor – 40’-0”x13’-6”=550.00 sft 2nd Floor- 40’-9”x13’-6”=550.00
sft ---------------------------------------------------------------- Total = 1650.00 sft. 183.00 sq. yd |
|
|
No of Floor and Height of such floor |
Ground First and Second Floor |
|
|
|
|
Plinth area floor wise (As per IS 386-1956) |
183.00 sq. yd. |
|
|
|
|
Year of construction |
2006-2007 |
|
|
|
|
Estimated future life |
50 years from date of report |
|
|
|
|
Type of construction loans bearing wall
R.C.C. frame/ Steel Frame |
Load Bearing |
|
|
|
|
Foundation |
Open |
|
|
|
|
Walls a)
Basement b)
Ground Floor c) Super structure above ground floor |
Brick Walls |
|
|
|
|
Partitions |
Brick pattittion walls |
|
|
|
|
Door and Windows (Floor Wise) |
Steel Shutter doors and Fully Glazed
windows. |
|
|
|
|
Flooring (Floor wise) |
Tiles |
|
|
|
|
Finishing (Floor wise) |
Cement |
|
|
|
|
Roofing and Terracing |
R.C.C. |
|
|
|
|
Special architectural or decorative feature
if any |
No Treatment |
|
|
|
|
Internal wiring surface or conduit Class of Fitting Superior Ordinary/ poor |
Open Circuit Coper Wiring |
|
|
|
|
Sanitary Installation: |
One Toilet block |
|
|
|
|
Class
of fittings superior coloured/ superior white / Ordinary |
Ordinary |
|
|
|
|
Compound Walls |
No Compound Wall. |
|
|
|
|
Underground
sump, capacity and type of construction |
No Sump |
|
|
|
|
Overhead
tank |
No Tank |
|
|
|
|
Pump
No and their horse power |
No Pump |
|
|
|
|
Road
and paving within the compound. |
No Pavement |
|
|
|
|
Sewage
disposal whether connected to Public sewers if septic tank |
Muni Line |
------------------------------------------------------------------------------------------------------------------------------
VALUATION OF IMMOVABLE PROPERTY
GENERAL
INFORMATION
|
Purpose for which valuation is made |
Fair Market Value BOB SME Branch |
|
|
|
|
Date on which valuation is made |
17.05.2014 |
|
|
|
|
Name of the Owner/Owners |
Nidhi Plastic Sole Proprietor – Narendrakumar Ramanlal
Patel |
|
|
|
|
If the Property is under Joint Ownership/
Co-ownership share of each owner are the shares undivided? |
Nidhi Plastic Sole Proprietor – Narendrakumar Ramanlal
Patel |
|
|
|
|
Brief Description of the Property Location, Street Ward No. Survey/ Plot No of Land |
It is Industrial
Shed 70, Shreeji Estate, Saraspur. TPS – 11, FP-43/*/1. Mouje, Saraspur. |
|
|
|
|
Is the Property situated in residential/ Commercial/
Mixed Area/ Industrial area |
Industrial Area |
|
|
|
|
Classification of Locality High Class/
Middle Class/ Poor Class/ |
Middle Class |
|
|
|
|
Proximity to civic amenities like School,
Hospital, Offices, Market, Cinema etc. |
All amenities are @ Stone’s throw |
|
|
|
|
Means and Proximity to surface communication
by which the locality is served. |
By Road and Rixa |
|
|
|
|
LAND |
|
|
Area of land supported by documentary proof
shape, dimensions and physical features. |
Land area is a per actual measurements |
|
|
|
|
Roads, Streets or lanes on which the land is
abutting. |
Near Main Road |
|
|
|
|
Is it freehold or leasehold land |
Freehold |
|
|
|
|
If leasehold the name of lessor/ lease nature of lease dates of commencement and
termination of lease and terms of renewal of lease |
Not Leasehold |
|
|
|
|
IMPROVEMENTS |
|
|
Is building owner-occupied tenanted/both? |
Tenanted |
|
|
|
|
What is the floor space index permissible and
percentage actually utilized? |
FSI as per rules in force |
|
|
|
|
RENTS |
|
|
Names of tenants/ lessees/ licensees etc. |
Rented property |
|
|
|
|
Area any occupants related to or close
business associates of the owner? |
Rented property |
|
|
|
|
Give details of water and electricity
charges, if any to be born by the owner. |
As per bills to be borne by tenant |
|
|
|
|
If a pump is installed. Who has to bear the
cost of maintenance and operation? Owner or tenant |
No Pump |
|
|
|
|
Who has to bear the cost of electricity
charges for lighting of common space, like entrance hall, stairs, passages,
compound etc. |
Tenant |
|
|
|
|
What is the amount of property tax who is to
bear it? Give details with documentary proof? |
Rs.8504/- |
|
|
|
|
SALES |
|
|
|
|
|
Give instances of sales of immovable
property in the locality on a separate sheet indicating the name and address
of the property. Registration no sale price and area of land sold. |
Valuation is done as premarket rates. |
|
|
|
|
Land rate adopted in this valuation |
Rs.50,000/- per sq. yd. (This is Ex. Raipur
Mill Compound premises in heart of Saraspur) |
|
|
|
|
If sales instances are not available or
relied upon the basis of arriving at the land rate. |
Market Inquiry |
|
|
|
|
COST OF CONSTRUCTION |
|
|
Year of commencement of construction and
year of completion. |
2006-2007 |
|
|
|
|
What was the method of construction by
contract by employing labour direct/ by Both?
|
Constructed by builder |
|
|
|
|
For items of work done on contact produce
copies of agreement |
Lies with the builder |
|
|
|
|
PROJECT
VALUATION REPORT Valuation report of the property of Nidhi
Plastic, Sole Proprietor- Narendrakumar Ramanlal Patel, Property under
valuation – Shed 70, Shreeji Estate (Located at EX-Raipur Mill Compound) TPS
– 11, FP-43/A/1, Mouje, Saraspur, AHD, shed dimensioned to- Occupied land by
Shed-40’-9”x13’-6”=500.12sft=61.11 sqyd. Built up Ground Floor – 40’-9”x13’-0”=550.12
sft First Floor – 40’-0”x13’-6”=550.12 sft 2nd Floor- 40’-9”x13’-6”=550.12
sft ---------------------------------------------------------------- Total = 1100.24 sft. 122.00 sq. yd Mazanine Floor and Office on Mazanine Floor – 12’0”x13’-6”=162 sq. ft. Total 18.00 sq. yd. |
|
|
No of Floor and Height of such floor |
Ground First and Second Floor |
|
|
|
|
Plinth area floor wise (As per IS 386-1956) |
122.00 sq. yd. |
|
|
|
|
Year of construction |
2006-2007 |
|
|
|
|
Estimated future life |
50 years from date of report |
|
|
|
|
Type of construction loans bearing wall
R.C.C. frame/ Steel Frame |
Load Bearing |
|
|
|
|
Foundation |
Open |
|
|
|
|
Walls a)
Basement b)
Ground Floor c) Super structure above ground floor |
Brick Walls |
|
|
|
|
Partitions |
Brick pattittion walls |
|
|
|
|
Door and Windows (Floor Wise) |
Steel Shutter doors and Fully Glazed
windows. |
|
|
|
|
Flooring (Floor wise) |
Tiles |
|
|
|
|
Finishing (Floor wise) |
Cement |
|
|
|
|
Roofing and Terracing |
R.C.C. |
|
|
|
|
Special architectural or decorative feature
if any |
No Treatment |
|
|
|
|
Internal wiring surface or conduit Class of Fitting Superior Ordinary/ poor |
Open Circuit Coper Wiring |
|
|
|
|
Sanitary Installation: |
One Toilet block |
|
|
|
|
Class
of fittings superior coloured/ superior white / Ordinary |
Ordinary |
|
|
|
|
Compound Walls |
No Compound Wall. |
|
|
|
|
Underground
sump, capacity and type of construction |
No Sump |
|
|
|
|
Overhead
tank |
No Tank |
|
|
|
|
Pump
No and their horse power |
No Pump |
|
|
|
|
Road
and paving within the compound. |
No Pavement |
|
|
|
|
Sewage
disposal whether connected to Public sewers if septic tank |
Muni Line |
------------------------------------------------------------------------------------------------------------------------------
FIXED ASSETS
· Land
· Factory Building
· Plant and Machinery
· Electrification
·
Other Equipments
·
Erection and Installation
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No exist to suggest that subject is or was
the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject are
derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals have
been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.00 |
|
|
1 |
Rs.99.35 |
|
Euro |
1 |
Rs.80.62 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.