1. Summary Information
|
Country |
|
||
|
Company Name |
SHREE SANT KRIPA APPLIANCES PRIVATE LIMITED |
Principal Name 1 |
Mr. Rajesh Jeevan Uttamchandani |
|
Status |
Moderate |
Principal Name 2 |
Mr. Govind Jeevan Uttamchandani |
|
Registration # |
25-128465 |
||
|
Street Address |
7, Akshay
Complex, Off |
||
|
Established Date |
12.05.2006 |
SIC Code |
-- |
|
Telephone# |
91-20-26122118/
40131000 |
Business Style 1 |
Distributors |
|
Fax # |
91-20-26134837 |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Electronic Goods |
|
|
# of employees |
Not Available |
Product Name 2 |
Mobile Devices |
|
Paid up capital |
Rs. 209,999,990
/- |
Product Name 3 |
-- |
|
Shareholders |
Bodies corporate - 4.61% Directors or relatives of Directors - 95.39% |
Banking |
State Bank of
India |
|
Public Limited Corp. |
No |
Business Period |
08 Years |
|
IPO |
No |
International Ins. |
- |
|
Public |
No |
Rating |
B
(28) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
Enterprises which are owned, or have significant influence of or are partners with Key management personnel and their relatives: |
India |
Bagh Bahar Appliances Private Limited |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
2,335,973,000 |
Current Liabilities |
439,347,000 |
|
Inventories |
1,463,586,000 |
Long-term Liabilities |
2,317,601,000 |
|
Fixed Assets |
45,960,000 |
Other Liabilities |
58,382,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
2,815,330,000 |
|
Invest& other Assets |
1,000 |
Retained Earnings |
708,562,000 |
|
|
|
Net Worth |
1,030,190,000 |
|
Total Assets |
3,845,520,000 |
Total Liab. & Equity |
3,845,520,000 |
|
Total Assets (Previous Year) |
2,244,204,000 |
|
|
|
P/L Statement as of |
31.03.2012 |
(Unit: Indian Rs.) |
|
|
Sales |
34,299,718,000 |
Net Profit |
319,953,000 |
|
Sales(Previous yr) |
21,620,823,000 |
Net Profit(Prev.yr) |
161,797,000 |
MIRA INFORM REPORT
|
Report Date : |
04.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
SHREE SANT KRIPA APPLIANCES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
7, Akshay Complex, Off |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
12.05.2006 |
|
|
|
|
Com. Reg. No.: |
25-128465 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 210.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32109PN2006PTC128465 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
PNES18226F |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAJCS9896A |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Distributors of Electronic Goods and Mobile Devices |
|
|
|
|
No. of Employees
: |
Not Available |
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 4100000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a moderate track record. Management of the company has failed to file for the year 2013 with
the government department. As per available financial of 2012, profitability of the company seems
to be low. However, trade relations are improving. Business is active. Payment
are reported to be slow but correct. The company can be considered for business dealing with some cautions. |
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 – December 1, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
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
The worst is over for India’s economy with gross domestic product likely
to expand 5 %to 5.5 % this year and more than 6 % in 2015, according to Moody’s
Analytics. Concerns over the rupee and current account deficit are under control,
said the agency. Ratings firm Crisil has forecast 6 % growth for 2014/15 up
from the estimated 4.8 % for 2013/14. Total economic growth,
infrastructure bottlenecks and lack of transparency and consistency in foreign
direct investment policies seem to have taken a toll on India’s attractiveness
as an investment destination, says an Ernst & Young survey. Projects
with FDI component fell 16.4 % across the globe in 2012 from the previous
year. The drop in India was steeper at 21 %. State run carrier Air India
is doling out free tickets to its 24000 employees, even as it expects to incur
a loss of Rs 39000 mn this financial year and has a debt of Rs 350000 mn.
550000 number of jobs generated across India in 2013, a fall of 0.4 % as
compared to with a year earlier. The National Capital Region has a
one-fourth share in total jobs created, according to a study by industry lobby
group Assochem, Banks, real estate, automobile and telecommunications sectors
are showing a rise of job creation. $ 805 mn investments by venture capital
firms in India during 2013, registering a drop of about 18 % over the previous
year. The Information Technology and IT-Enabled Services Industry
retained its status as the favourable venture capital investors in 2013. Pakistan
has temporarily banned gold imports for the second time in six months, as it
tries to stem smuggling into India. India’s import duty on gold is 10 % and
curbs on purchases have dried up legal imports into what used to be the world’s
biggest bullion buyers. The World Gold Council puts the amount smuggled into
India at upto 200 tonnes in 2013. The Reserve Bank of India has proposed that
unclaimed bank deposits estimated to be about Rs 35000 mn be used for education
and awareness among depositors. According to the plan, deposits that have
not been claimed for at least 10 years will be transferred to the scheme.
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.
LOCATIONS
|
Registered Office : |
7, Akshay Complex, Off Dhole Patil Road, Pune - 411 001, Maharashtra,
India |
|
Tel. No.: |
91-20-26160411 / 26160422 / 40131000 |
|
Fax No.: |
91-20-26134837 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Mumbai Office : |
Plot No. 72, Sector 19, Near APMC Market, Vashi, Navi Mumbai – 400 705, Maharashtra, India |
|
Tel. No.: |
91-22-40384900 |
|
Fax No.: |
91-22-40384999 |
DIRECTORS
As on 28.09.2013
|
Name : |
Mr. Rajesh Jeevan Uttamchandani |
|
Designation : |
Director |
|
Address : |
A-6, Clover Garden, Neylore Road, Pune - 411011, Maharashtra, India |
|
Date of Birth/Age : |
08.01.1964 |
|
Qualification : |
B. E. in Mechanical Engineering |
|
Date of Appointment : |
12.05.2006 |
|
DIN No.: |
00139105 |
|
PAN No.: |
AABPU5362J |
|
|
|
|
Name : |
Mr. Govind Jeevan Uttamchandani |
|
Designation : |
Director |
|
Address : |
A-6, Clover Garden, Neylore Road, Pune – 411011, Maharashtra, India |
|
Date of Birth/Age : |
01.05.1961 |
|
Qualification : |
B. Tech Chemical Engineering, M.B.A |
|
Date of Appointment : |
12.05.2006 |
|
DIN No.: |
00139239 |
|
Pan No.: |
AABPU5180E |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 28.09.2013
|
Names of Shareholders |
|
No. of Shares |
|
Rajesh Uttamchandani |
|
2116080 |
|
Govind Uttamchandani |
|
2116080 |
|
Hardevi Uttamchandani |
|
1831669 |
|
Govind Uttamchandani (HUF) |
|
2153665 |
|
Rajesh Uttamchandani (HUF) |
|
2155665 |
|
SSK Infotech Private Limited, India |
|
700000 |
|
Bagh Bahar Appliances Private Limited, India |
|
297500 |
|
Meena Uttamchandani |
|
1923205 |
|
Sunita Uttamchandani |
|
1923205 |
|
Honey Uttamchandani |
|
1604000 |
|
Gitika Uttamchandani |
|
1604000 |
|
Gurumukh Uttamchandani |
|
1604000 |
|
Jyotsna Uttamchandani |
|
1604000 |
|
|
|
|
|
Total |
|
21633069 |
Equity Share Break up (Percentage of Total Equity)
As on 28.09.2013
|
Category |
Percentage |
|
Bodies corporate |
4.61 |
|
Directors or relatives of Directors |
95.39 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Distributors of Electronic Goods and Mobile Devices |
GENERAL INFORMATION
|
No. of Employees : |
Not Available |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
·
Bank of India ·
HDFC Bank ·
ABN Amro Bank ·
City Bank ·
ICICI Bank ·
Union Bank of India ·
Kotak Mahindra Bank, Veerwadi Camp Branch, Pune ·
Standard Chartered Bank, Credit Risk Control,
Narain Manzil, 23 Barakhamba, New Delhi-110001, India ·
State Bank of India, Small and Medium Enterprise
Branch, Backbay Reclamation, Nariman Point Branch, Mumbai - 400021,
Maharashtra, India |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Finance Institute: |
Reliance Capital Limited, "H" Block 1st Floor,
Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai - 400710,
Maharashtra, India |
|
|
|
|
Auditors : |
|
|
Name : |
Kango Digambar Ganesh Chartered Accountant |
|
Address : |
Sadashiv Peth, Nikhil Pride, 4th Floor, |
|
PAN No.: |
ACDPK5223A |
|
|
|
|
Enterprises which
are owned, or have
significant influence of or are
partners with Key management personnel and their
relatives: |
(CIN: U72900PN2006PTC129119)
(CIN: U29305PN1997PTC108822)
(CIN: U51909PN2011PTC139528)
(CIN: U45204PN2008PTC132246)
(CIN: U72900PN2007PTC130711)
(CIN: U70102PN2006PTC128902)
|
CAPITAL STRUCTURE
As on 28.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
30000000 |
Equity Shares |
Rs.10/- each |
Rs. 300.000 Millions |
|
|
|
|
|
|
|
Total |
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
21631069 |
Equity Shares |
Rs.10/- each |
Rs. 216.311 Millions |
|
|
|
|
|
|
|
Total |
|
|
As on 31.03.2012
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
30000000 |
Equity Shares |
Rs.10/- each |
Rs. 300.000 Millions |
|
|
|
|
|
|
|
Total |
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20999999 |
Equity Shares |
Rs.10/- each |
Rs. 210.000 Millions |
|
|
|
|
|
|
|
Total |
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
|
210.000 |
|
(b) Reserves & Surplus |
|
|
708.562 |
|
(c) Money
received against share warrants |
|
|
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
|
|
111.628 |
|
Total
Shareholders’ Funds (1) + (2) |
|
|
1030.190 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
|
17.545 |
|
(b) Deferred tax liabilities (Net) |
|
|
3.592 |
|
(c) Other long term
liabilities |
|
|
0.000 |
|
(d) long-term
provisions |
|
|
0.000 |
|
Total Non-current
Liabilities (3) |
|
|
21.137 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
|
|
2300.056 |
|
(b) Trade
payables |
|
|
0.000 |
|
(c) Other
current liabilities |
|
|
439.347 |
|
(d) Short-term
provisions |
|
|
54.790 |
|
Total Current
Liabilities (4) |
|
|
2794.193 |
|
|
|
|
|
|
TOTAL |
|
|
3845.520 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
|
45.960 |
|
(ii)
Intangible Assets |
|
|
0.000 |
|
(iii) Capital
work-in-progress |
|
|
0.000 |
|
(iv)
Intangible assets under development |
|
|
0.000 |
|
(b) Non-current Investments |
|
|
0.001 |
|
(c) Deferred tax assets (net) |
|
|
0.000 |
|
(d) Long-term Loan and Advances |
|
|
0.000 |
|
(e) Other Non-current
assets |
|
|
20.560 |
|
Total Non-Current
Assets |
|
|
66.521 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
|
0.000 |
|
(b)
Inventories |
|
|
1463.586 |
|
(c) Trade
receivables |
|
|
2106.863 |
|
(d) Cash
and cash equivalents |
|
|
132.901 |
|
(e)
Short-term loans and advances |
|
|
0.000 |
|
(f) Other
current assets |
|
|
75.649 |
|
Total
Current Assets |
|
|
3778.999 |
|
|
|
|
|
|
TOTAL |
|
|
3845.520 |
|
SOURCES OF FUNDS |
|
31.03.2011 |
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
60.000 |
56.000 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
538.609 |
220.812 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
598.609 |
276.812 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
1245.699 |
391.312 |
|
|
2] Unsecured Loans |
|
29.837 |
19.903 |
|
|
TOTAL BORROWING |
|
1275.536 |
411.215 |
|
|
DEFERRED TAX LIABILITIES |
|
0.891 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
1875.036 |
688.027 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
32.916 |
47.348 |
|
|
Capital work-in-progress |
|
0.000 |
24.417 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.001 |
0.000 |
|
|
DEFERRED TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
1198.317
|
363.610
|
|
|
Sundry Debtors |
|
794.676
|
396.901
|
|
|
Cash & Bank Balances |
|
206.120
|
110.531
|
|
|
Other Current Assets |
|
5.433
|
7.646
|
|
|
Loans & Advances |
|
6.741
|
0.000
|
|
Total
Current Assets |
|
2211.287 |
878.688 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
348.039
|
250.436
|
|
|
Other Current Liabilities |
|
0.000
|
0.000
|
|
|
Provisions |
|
21.129
|
11.990
|
|
Total
Current Liabilities |
|
369.168
|
262.426 |
|
|
Net Current Assets |
|
1842.119
|
616.262
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
1875.036 |
688.027 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
34299.718 |
21620.823 |
12411.502 |
|
|
|
Other Income |
279.034 |
1349.796 |
1074.836 |
|
|
|
TOTAL (A) |
34578.752 |
22970.619 |
13486.338 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
|
22375.328 |
13190.691 |
|
|
|
Operating expenses |
|
249.622 |
178.520 |
|
|
|
TOTAL (B) |
33965.195 |
22624.950 |
13369.211 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
613.557 |
345.669 |
117.127 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
256.993 |
129.443 |
34.698 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
356.564 |
216.226 |
82.429 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
3.910 |
3.038 |
2.811 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
352.654 |
213.188 |
79.618 |
|
|
|
|
|
|
|
|
|
Less |
TAX (I) |
32.701 |
51.394 |
13.500 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-I) (J) |
319.953 |
161.797 |
66.118 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
15.24 |
26.97 |
12.71 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
0.93
|
0.70 |
0.49 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
1.03
|
0.98 |
0.64 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
9.17
|
9.64 |
9.06 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.34
|
0.36 |
0.29 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.25
|
2.13 |
1.49 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.35
|
5.99 |
3.35 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2010 |
31.03.2011 |
31.03.2012 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
12411.502 |
21620.823 |
34299.718 |
|
|
|
74.200 |
58.642 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2010 |
31.03.2011 |
31.03.2012 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
12411.502 |
21620.823 |
34299.718 |
|
Profit |
66.118 |
161.797 |
319.953 |
|
|
0.53% |
0.75% |
0.93% |
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 |
No |
|
10] |
Designation of contact
person |
No |
|
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 |
No |
|
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 |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
UNSECURED LOAN
|
Particulars |
31.03.2012 (Rs.
in Millions) |
|
Long term
borrowing |
|
|
Loans and advances from directors |
5.045 |
|
Term loan from bank |
1.122 |
|
Rupee term loans from others |
3.869 |
|
Short term
borrowing |
|
|
Term Loan from banks |
5.862 |
|
Rupee term loans from other |
19.984 |
|
Total |
35.882 |
|
Particulars |
As
on 31.03.2011 Rs.
in Millions) |
|
Rupee term loans banks unsecured |
2.215 |
|
Rupee term loans others unsecured |
18.754 |
|
Other debt unsecured |
8.868 |
|
Total |
29.837 |
INDEX
OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10449309 |
20/09/2013 |
40,000,000.00 |
RELIANCE CAPITAL LIMITED |
"H"
BLOCK 1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI,
MAHARASHTRA - 400710, INDIA |
B85118016 |
|
2 |
10377202 |
24/09/2012 |
26,280,000.00 |
RELIANCE CAPITAL LIMITED |
"H" BLOCK
1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI,
MAHARASHTRA - 400710, INDIA |
B58378746 |
|
3 |
10377199 |
24/09/2012 |
52,560,000.00 |
RELIANCE CAPITAL LIMITED |
"H" BLOCK
1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI,
MAHARASHTRA - 400710, INDIA |
B58378068 |
|
4 |
10377204 |
24/09/2012 |
52,560,000.00 |
RELIANCE CAPITAL LIMITED |
"H" BLOCK
1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI,
MAHARASHTRA - 400710, INDIA |
B58378951 |
|
5 |
10333545 |
31/01/2012 |
18,000,000.00 |
RELIANCE HOME FINANCE PRIVATE LIMITED |
3RD FLOOR-570, RECTIFIER
HOUSE, NAIGAM CROSS ROAD, WADALA, MUMBAI, MAHARASHTRA - 400031, INDIA |
B31232218 |
|
6 |
10340249 |
24/10/2011 |
9,000,000.00 |
RELIANCE CAPITAL LIMITED |
"H"
BLOCK 1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI, MAHARASHTRA
- 400710, INDIA |
B30098404 |
|
7 |
10340250 |
24/10/2011 |
9,000,000.00 |
RELIANCE CAPITAL LIMITED |
"H"
BLOCK 1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI,
MAHARASHTRA - 400710, INDIA |
B30097257 |
|
8 |
10214468 |
22/03/2013 * |
5,000,000,000.00 |
STATE BANK OF INDIA |
SME BACKBAY
RECLAMATION BRANCH, MUMBAI, MAHARASHTRA - 400021, INDIA |
B72611403 |
* Date of charge modification
FIXED ASSETS:
Tangible assets
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
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.61.86 |
|
|
1 |
Rs.103.52 |
|
Euro |
1 |
Rs.85.31 |
INFORMATION DETAILS
|
Report Prepared
by : |
KVT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
2 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
4 |
|
--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.