1. Summary Information
|
Country |
India |
||
|
Company Name |
Alexcy Mercantile Private Limited |
Principal Name 1 |
Mr. Arvind Kumar Mishra |
|
Status |
Moderate |
Principal Name 2 |
Mr. Sushil Kumar Kedia |
|
Registration # |
21-134390 |
||
|
Street Address |
127, B T Road, Kolkata - 700108, West Bengal, India |
||
|
Established Date |
30.03.2009 |
SIC Code |
-- |
|
Telephone# |
Not Available |
Business Style 1 |
Distributor |
|
Fax # |
Not Available |
Business Style 2 |
-- |
|
Homepage |
-- |
Product Name 1 |
Electronics Items |
|
# of employees |
Not Available |
Product Name 2 |
--- |
|
Paid up Capital |
Rs. 4,000,000/- |
Product Name 3 |
-- |
|
Shareholders |
Bodies corporate - 85.20% Directors or
relatives of Directors - 6.55% Other - 8.25% |
Banking |
Axis Bank
Limited |
|
Public Limited Corp. |
No |
Business Period |
5 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
B
(28) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Holding |
India |
Alexcy Commercial Private Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
55,392,000 |
Current Liabilities |
9,539,000 |
|
Inventories |
27,239,000 |
Long-term Liabilities |
51,037,000 |
|
Fixed Assets |
571,000 |
Other Liabilities |
0,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
60,576,000 |
|
Invest& other Assets |
0,000 |
Retained Earnings |
18,626,000 |
|
|
|
Net Worth |
22,626,000 |
|
Total Assets |
83,202,000 |
Total Liab. & Equity |
83,202,000 |
|
Total Assets (Previous Year) |
99,369,000 |
|
|
|
P/L Statement as of |
31.03.2013 |
(Unit: Indian Rs.) |
P/L Statement as of |
|
Total Revenue |
318,488,000 |
Net Profit |
2,213,000 |
|
Total Revenue (Previous yr) |
96,956,000 |
Net Profit(Prev.yr) |
634,000 |
MIRA INFORM REPORT
|
Report Date : |
20.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
ALEXCY MERCANTILE PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
127, B T Road, Kolkata - 700108, West Bengal |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
30.03.2009 |
|
|
|
|
Com. Reg. No.: |
21-134390 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 4.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45400WB2009PTC134390 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CALA11749D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAHCA6261H |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Distributor of Electronics Items. |
|
|
|
|
No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
B (28) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 91000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track. The company possesses a moderate financial profile marked by small
networth base along with huge overall gearing. Management has seen a better improvement in its sales volume as well
as net profitability, but has reported a low profit margin during FY 13. However, trade relations seems to be fair. Business is active. Payment
terms are reported as slow but correct. In view of developing nature of the business, the company can be
considered for business dealings with some caution. |
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
N E W S
The economy grew 4.7 %in 2013/14, marking a second
straight year of sub-5 % growth – the worst slowdown in more than a quarter of
a century. The data was below an official estimate of 4.9 % annual growth and
compared with 4.5 % in the last fiscal year. However, the current account
deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic product,
in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year before.A
sharp fall in gold imports due to restrictions on overseas purchases and muted
import of capital goods helped shrink the current account deficit.
Online retailer Flipkart has acquired fashion
portal Myntra as it prepares to battle with the rapidly expanding India arm of
the global e-commerce giant Amazon. The company raised $ 210 million from Russian
Investment firm DST Global which has also invested in companies like Facebook,
Twitter and Alibaba Group.
General Motors will start exporting vehicles
from its Talegaon plant near Pune in the second half of 2014. GM was one of the
few global carmakers that was using its India plant only for the domestic
market.
Google has overtaken Apple as the world’s top
brand in terms of value, according to global market research agency Millward
Brown. Google’s brand value shot up 40 % in a year to $ 158.84 billion. The top
10 of the 100 slots were dominated by US companies.
Infosys lost another heavy weight when B G
Srinivas, a board member put in his papers. He is the third CEO-hopeful to quit
after Chairman N R Narayana Murthy’s return to the company – Ashok Vemuri and V
Balakrishnan being the other two.While Vemuri went on to lead IGate,
Balakrishnan joined politics.
Naresh Goyal – promoted Jet Airways posted
biggest quarterly loss – Rs 2153.37 crore – in the three months ended March 31,
mainly because it has been offering discounts to passengers to fill planes.
William S Pinckney – Chairman and CEO of
Amway India was arrested by the Andhra Pradesh Police in connection with a
complaint against the direct selling firm. This is the second time that he has
been taken into custody. A year, ago the Kerala Police had arrested Pinckney
and two company directors on charges of financial irregularities.
China has told its state-owned enterprises to
sever links with American consulting firms after the United States charged five
Chinese military officers wih hacking US companies. China’s action which
targets consultancies like McKinsey & Co. and the Boston Consulting Group,
sterns from fears that the first are providing trade secrets to the US
governments.
India has emerged as a country with some of
the highest unregistered businesses in the world. Indonesia has the maximum
number of shadow businesses, says a study of 68 countries by Imperial College
Business School in London.
Pfizer has abandoned its attempt to buy AstraZeneca
for nearly $ 118 billion after the latter refused an offer of 55 pounds a
share.
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 DENIED BY
|
Name : |
Ms. Monika Tondon |
|
Designation : |
Accountant |
|
Contact No.: |
91-755-2550604 |
LOCATIONS
|
Registered Office : |
127, B T Road, Kolkata - 700108, West Bengal, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
|
|
|
Head Office : |
Plot No. 160, 2nd Floor, Devanshi Complex, M. P. Nagar,
Bhopal – 462011, Madhya Pradesh, India |
|
Tel. No.: |
91-755-2550604 |
DIRECTORS
AS ON 30.09.2013
|
Name : |
Mr. Arvind Kumar Mishra |
|||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||
|
Address : |
46, B.B. Ganguly Street, 1st Floor, Room No. 4, Kolkata –
700012, West Bengal, India |
|||||||||||||||||||||||||||
|
Date of Birth/Age : |
12.12.1974 |
|||||||||||||||||||||||||||
|
Date of Appointment : |
30.03.2009 |
|||||||||||||||||||||||||||
|
DIN No. : |
01322436 |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Name : |
Mr. Sushil Kumar Kedia |
|||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||
|
Address : |
E-5/91, Arera Colony, Bhopal – 462016, Madhya Pradesh, India |
|||||||||||||||||||||||||||
|
Date of Birth/Age : |
01.07.1950 |
|||||||||||||||||||||||||||
|
Date of Appointment : |
30.03.2009 |
|||||||||||||||||||||||||||
|
DIN No. : |
02426933 |
|||||||||||||||||||||||||||
|
Other Directorship :
|
||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Name : |
Mrs. Sumitra Kedia |
|||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||
|
Address : |
E-5/91, Arera Colony, Bhopal – 462016, Madhya Pradesh, India |
|||||||||||||||||||||||||||
|
Date of Birth/Age : |
13.02.1955 |
|||||||||||||||||||||||||||
|
Date of Appointment : |
30.03.2009 |
|||||||||||||||||||||||||||
|
DIN No. : |
02450418 |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Name : |
Mr. Sumit Kumar Kedia |
|||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||
|
Address : |
E-5/91, Arera Colony, Bhopal – 462016, Madhya Pradesh, India |
|||||||||||||||||||||||||||
|
Date of Birth/Age : |
25.02.1979 |
|||||||||||||||||||||||||||
|
Date of Appointment : |
08.05.2009 |
|||||||||||||||||||||||||||
|
DIN No. : |
02523548 |
|||||||||||||||||||||||||||
|
Other Directorship :
|
||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Name : |
Piyushi Kedia |
|||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||
|
Address : |
E-5/91, Arera Colony, Bhopal – 462016, Madhya Pradesh, India |
|||||||||||||||||||||||||||
|
Date of Birth/Age : |
28.07.1983 |
|||||||||||||||||||||||||||
|
Date of Appointment : |
10.09.2012 |
|||||||||||||||||||||||||||
|
DIN No. : |
02776534 |
|||||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Ms. Monika Tondon |
|
Designation : |
Accountant |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
|
Arvind Kumar Mishra |
|
200 |
|
Sushil Kumar Kedia |
|
5000 |
|
Sumitra Kedia |
|
5000 |
|
Sumit Kumar Kedia |
|
5000 |
|
Pradeep Narsaria |
|
5000 |
|
Piyushi Kedia |
|
6000 |
|
Sushil Kumar Kedia HUF |
|
10000 |
|
Sumit Kumar Kedia HUF |
|
5000 |
|
Sushil Kedia Sumitra Kedia HUF |
|
6000 |
|
Sushil Kedia Sumit Kedia HUF |
|
6000 |
|
Sumitra Kedia Sumit Kedia HUF |
|
6000 |
|
Alexcy Commercial Private Limited, India |
|
340800 |
|
|
|
|
|
Total |
|
400000 |
AS ON 30.09.2013
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage of Holding |
|
|
|
|
Bodies corporate |
85.20 |
|
Directors or relatives of Directors |
6.55 |
|
Other |
8.25 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Distributor of Electronics Items. |
GENERAL INFORMATION
|
No. of Employees : |
Information declined by the management. |
|
|
|
|
Bankers : |
·
Dena Bank, 205-209, Jyoti Shopping Complex, M.P
Nagar Branch, M.P Nagar, Bhopal - 462011, Madhya Pradesh, India ·
Axis Bank Limited, E-5 ,"Star Plaza",
1st Floor, Plot No. 6, Bittan Marketarera Colony, Bhopal 462011, Madhya
Pradesh, India |
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Agarwal Arun and Associates Chartered Accountants |
|
Address : |
32, Ezra Street, Kolkata – 700001, West Bengal, India |
|
PAN No.: |
ADMPA7677A |
|
|
|
|
Holding Company: |
· Alexcy Commercial Private Limited, India |
CAPITAL STRUCTURE
AS ON 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
400000 |
Equity Shares |
Rs.10/- each |
Rs.4.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
400000 |
Equity Shares |
Rs.10/- each |
Rs.4.000 Millions |
|
|
|
|
|
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 |
4.000 |
2.500 |
0.592 |
|
(b) Reserves & Surplus |
18.626 |
10.412 |
2.147 |
|
(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) |
22.626 |
12.912 |
2.739 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
51.037 |
53.662 |
5.698 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.000 |
0.000 |
|
(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) |
51.037 |
53.662 |
5.698 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
0.000 |
0.000 |
0.000 |
|
(c) Other current liabilities |
9.539 |
32.795 |
2.893 |
|
(d) Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities (4) |
9.539 |
32.795 |
2.893 |
|
|
|
|
|
|
TOTAL |
83.202 |
99.369 |
11.330 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
0.571 |
0.171 |
0.140 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
(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 |
0.012 |
0.023 |
0.035 |
|
Total
Non-Current Assets |
0.583 |
0.194 |
0.175 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
27.239 |
44.548 |
6.833 |
|
(c) Trade receivables |
0.000 |
0.000 |
0.000 |
|
(d) Cash and cash equivalents |
1.781 |
1.676 |
1.454 |
|
(e) Short-term loans and
advances |
2.341 |
4.814 |
0.229 |
|
(f) Other current assets |
51.258 |
48.137 |
2.639 |
|
Total
Current Assets |
82.619 |
99.175 |
11.155 |
|
|
|
|
|
|
TOTAL |
83.202 |
99.369 |
11.330 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
SALES |
|
|
|
|
|
Revenue From Operations |
318.488 |
96.956 |
88.381 |
|
|
Other Income |
21.352 |
3.001 |
2.046 |
|
|
TOTAL
|
339.840 |
99.957 |
90.427 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
|
|
|
|
|
Purchases of Stock-in-Trade |
|
|
|
|
|
Employees benefits expense |
|
|
|
|
|
Other expenses |
|
|
|
|
|
TOTAL
|
336.637 |
99.040 |
89.871 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
3.203 |
0.917 |
0.556 |
|
|
|
|
|
|
|
Less |
TAX |
0.990 |
0.283 |
0.172 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
2.213 |
0.634 |
0.384 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
8.43 |
8.44 |
6.49 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
0.65 |
0.63 |
0.42 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.01 |
0.95 |
0.63 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
3.85 |
0.92 |
4.91 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.14 |
0.07 |
0.20 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.25 |
4.15 |
2.08 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
8.66 |
3.02 |
3.86 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
0.592 |
2.500 |
4.000 |
|
Reserves & Surplus |
2.147 |
10.412 |
18.626 |
|
Net
worth |
2.739 |
12.912 |
22.626 |
|
|
|
|
|
|
long-term borrowings |
5.698 |
53.662 |
51.037 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
5.698 |
53.662 |
51.037 |
|
Debt/Equity
ratio |
2.080 |
4.156 |
2.256 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Revenue From Operations |
88.381 |
96.956 |
318.488 |
|
|
|
9.702 |
228.487 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Revenue From Operations |
88.381 |
96.956 |
318.488 |
|
Profit After Tax |
0.384 |
0.634 |
2.213 |
|
|
0.43% |
0.65% |
0.69% |
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 |
No |
|
9] |
Name
of person contacted |
Yes |
|
10] |
Designation
of contact person |
Yes |
|
11] |
Turnover
of firm for last three years |
Yes |
|
12] |
Profitability
for last three years |
Yes |
|
13] |
Reasons
for variation <> 20% |
---- |
|
14] |
Estimation
for coming financial year |
No |
|
15] |
Capital
in the business |
Yes |
|
16] |
Details
of sister concerns |
Yes |
|
17] |
Major
suppliers |
No |
|
18] |
Major
customers |
No |
|
19] |
Payments
terms |
No |
|
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 |
Yes |
|
25] |
Conduct
of the banking account |
----- |
|
26] |
Buyer
visit details |
----- |
|
27] |
Financials,
if provided |
Yes |
|
28] |
Incorporation
details, if applicable |
Yes |
|
29] |
Last
accounts filed at ROC |
Yes |
|
30] |
Major
Shareholders, if available |
Yes |
|
31] |
Date
of Birth of Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter
ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External
Agency Rating, if available |
No |
UNSECURED LOANS
|
PARTICULAR |
31.03.2013 (Rs.
in Millions) |
31.03.2012 (Rs.
in Millions) |
|
LONG TERM
BORROWINGS |
|
|
|
Pradeep Narsaria |
1.000 |
1.032 |
|
Piyushi Kedia |
0.776 |
0.000 |
|
Sarika Narsaria |
0.000 |
1.325 |
|
Sumitra Kedia |
0.275 |
0.000 |
|
Sumit Kumar Kedia HUF |
1.600 |
0.000 |
|
Snehlata Narsaria |
0.000 |
1.388 |
|
Vimal Narsaria |
0.000 |
1.392 |
|
Vimal Kumar Narsaria HUF |
0.000 |
1.385 |
|
Sumit Kumar Kedia |
0.813 |
0.375 |
|
Sushil Kumar Kedia |
0.416 |
1.350 |
|
Alexcy Commercial Private Limited |
6.750 |
45.415 |
|
Dena Bank – Cash Credit |
35.514 |
0.000 |
|
Loan From Axis bank |
3.615 |
0.000 |
|
Axis Bank Car Loans |
0.278 |
0.000 |
|
|
|
|
|
Total |
51.037 |
53.662 |
VIEW INDEX OF
CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10426998 |
01/05/2013 |
50,000,000.00 |
Axis Bank
Limited |
E-5 ,"Star
Plaza", 1st Floor, Plot No. 6, Bittan Marketarera Colony, Bhopal
462011, Madhya Pradesh, India |
B75578880 |
FIXED ASSETS
·
Computer and Printer
·
Furniture and Fixture
·
Invertor
·
Car
·
Mobile
·
Weight machine
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 records 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 records 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] 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.102.05 |
|
Euro |
1 |
Rs.81.71 |
INFORMATION DETAILS
|
Information Gathered
by : |
NYA |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
--- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
28 |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment record
(10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
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.