MIRA INFORM REPORT

 

IDENTIFICATION DETAILS

 

Name :

4G IDENTITY SOLUTIONS PRIVATE LIMITED

 

 

Country :

India

 

 

Financials (as on) :

31.03.2011

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

HYDG05705A

 

 

PAN No.:

[Permanent Account No.]

AAACZ2930M

 

 

Legal Form :

Private Limited Liability Company

 

 

No. of Employees :

Information denied by management

 

 

BUSINESS DETAILS

 

Line of Business :

Providing an Identity Management Solution Services

 

 

GENERAL INFORMATION

 

No. of Employees :

Information denied by management

 

 

Bankers :

State Bank of India, Industrial Finance Branch, Rajbhavan Road, Somajiguda, Hyderabad-500082, Andhra Pradesh, India

 

 

Facilities :

SECURED LOANS

31.03.2011

Rs. In Millions

31.03.2010

Rs. In Millions

Working capital loans banks secured

13.570

0.000

Working capital loans financial institutions secured

6.038

0.000

Total

19.608

0.000

 

 

UNSECURED LOANS

 

31.03.2011

Rs. In Millions

31.03.2010

Rs. In Millions

Other debt unsecured

67.326

0.000

Total

67.326

0.000

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

CRK and Associates

Chartered Accountant

Address :

Plot No. 3A, Navodaya Colony, Road No. 14, Banjara Hills, Hyderabad-500034, Andhra Pradesh, India

Tel. No.:

91-40-23552305

Fax No.:

91-40-23552304

E-Mail :

crkandassociates@gmail.com

Website :

http://www.crkandassociates.com

 

 

Subsidiaries :

4G Informatics Private Limited

CIN No.: U80903AP2000PTC035270

 

 

MAJOR SHAREHOLDERS

 

As on 29.09.2011

 

Names of Shareholders

 

No. of Shares

Mr. Sreenivasa Rao Tripuraneni

 

18740250

Ms. Lakshmi Tripirneni

 

3051000

Manikumari Tripuraneni

 

25500

Narreddy Rajasekhara Reddy

 

38250

Total

 

21855000

 


FINANCIAL DATA

[all figures are in Rupees Millions]

 

SOURCES OF FUNDS

 

31.03.2011

31.03.2010

31.03.2009

SHAREHOLDERS FUNDS

 

 

 

1] Share Capital

218.550

203.550

0.100

2] Share Application Money

0.000

0.000

2.450

3] Reserves & Surplus

45.240

11.520

0.754

4] (Accumulated Losses)

0.000

0.000

0.000

NETWORTH

263.790

215.070

3.304

LOAN FUNDS

 

 

 

1] Secured Loans

19.608

0.000

0.000

2] Unsecured Loans

67.326

0.000

0.000

TOTAL BORROWING

86.934

0.000

0.000

DEFERRED TAX LIABILITIES

3.528

1.297

0.381

 

 

 

 

TOTAL

354.252

216.367

3.685

 

 

 

 

APPLICATION OF FUNDS

 

 

 

 

 

 

 

FIXED ASSETS [Net Block]

41.448

7.777

2.376

Capital work-in-progress

0.000

0.000

0.000

 

 

 

 

INVESTMENT

200.000

200.000

0.000

DEFERREX TAX ASSETS

0.000

0.000

0.000

 

 

 

 

CURRENT ASSETS, LOANS & ADVANCES

 

 

 

 

Inventories

2.195
0.000

0.000

 

Sundry Debtors

409.991
126.329

0.000

 

Cash & Bank Balances

1.414
16.374

1.321

 

Other Current Assets

0.000
0.000

0.000

 

Loans & Advances

12.405
12.818

1.016

Total Current Assets

426.005

155.521

2.337

Less : CURRENT LIABILITIES & PROVISIONS

 

 

 

 

Sundry Creditors

0.000
31.935

0.000

 

Other Current Liabilities

220.402
0.000

0.000

 

Provisions

92.816
115.019

1.056

Total Current Liabilities

313.218

146.954

1.056

Net Current Assets

112.787

8.567

1.281

 

 

 

 

MISCELLANEOUS EXPENSES

0.017

0.023

0.028

 

 

 

 

TOTAL

354.252

216.367

3.685

 


PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

31.03.2011

31.03.2010

31.03.2009

 

SALES

 

 

 

 

 

Income

556.381

316.803

13.420

 

 

Other Income

0.141

0.021

0.031

 

 

TOTAL                                    

556.522

316.824

13.451

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

Purchases

349.920

101.319

1.057

 

 

Payment and Benefits to Employees

43.101

25.208

4.705

 

 

Administrative and Selling Expenses

36.400

78.484

6.342

 

 

Project Expenses

74.262

94.350

0.000

 

 

Preliminary Expenses written off

0.006

0.006

0.006

 

 

Decrease/ Increase in stock

(2.196)

0.000

0.000

 

 

TOTAL                                    

501.493

299.367

12.110

 

 

 

 

 

 

PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION                      

55.029

17.457

1.341

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                    

3.939

1.389

0.309

 

 

 

 

 

 

PROFIT BEFORE TAX

51.090

16.068

1.032

 

 

 

 

 

Less

TAX                                                                 

17.370

5.302

0.410

 

 

 

 

 

 

PROFIT AFTER TAX

33.720

10.766

0.622

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

11.520

0.754

0.132

 

 

 

 

 

 

BALANCE CARRIED TO THE B/S

45.240

11.520

0.754

 

 

 

 

 

 

IMPORTS

243.728

100.326

0.000

 

 

 

 

 

 

Earnings Per Share (Rs.)

1.54

NA

NA

 

 


RATING & COMMENTS

 

MIRA’s Rating :

B (27)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 1060000

 

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

RBI DEFAILTERS’ LIST STATUS

 

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

 

 

LOCATIONS

 

Registered Office :

Plot No. 241, Road No. 72, Prashasan Nagar, Jubilee Hills, Hyderabad – 500 034, Andhra Pradesh, India

Tel. No.:

91-40-23558789 / 32913939/ 23558799

Fax No.:

91-40-23558769

E-Mail :

admin@4gid.com

Website:

http://www.4gid.com

 

 

Corporate Office :

Plot No.: 330 and 331, Road No. 79, Jubilee Hills, Hyderabad – 500 034, Andhra Pradesh, India

Tel. No.:

91-40-23558789 / 32913939 

Fax No.:

91-40-23558769

 

 

Delhi Office :

4039, Sector C-4, Vasant Kunj, New Delhi – 110070, India

Tel. No.:

91-11-32972939

Fax No.:

91-11-45671559

 

 

Gurgaon Office :

B-348D, Sushant Lok-1 Gurgaon – 122009, Haryana, India

Tel. No.:

91-124-4214747

Fax No.:

91-124-2392347

 

 

UAE Office :

PO Box No. 500417, G09, Building No. 10, Dubai Internet City, Dubai, UAE

Tel. No.:

+971-4-4385095

Fax No.:

+971-4-4385095

 

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.