Business
information report
1. Summary Information
|
Country |
India |
||
|
Company Name |
ALUTECH PACKAGING PRIVATE LIMITED |
Principal Name 1 |
Mr. Rakesh Goel |
|
Status |
Moderate |
Principal Name 2 |
Mr. Anil Kumar Mittal |
|
Registration # |
55-206373 |
||
|
Street Address |
254, 1st Floor, Azad Market, Delhi-110006, India |
||
|
Established Date |
28.07.2010 |
SIC Code |
-- |
|
Telephone# |
-- |
Business Style 1 |
Manufacturer |
|
Fax # |
-- |
Business Style 2 |
-- |
|
Homepage |
Product Name 1 |
Packaging Material |
|
|
# of employees |
Not Available |
Product Name 2 |
-- |
|
Paid up capital |
Rs. 2,061,000/- |
Product Name 3 |
-- |
|
Shareholders |
Directors or
relatives of Directors -100% |
Banking |
Punjab National Bank |
|
Public Limited Corp. |
No |
Business Period |
4 Years |
|
IPO |
No |
International Ins. |
- |
|
Public Enterprise |
No |
Rating |
B (29) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
-- |
-- |
-- |
-- |
|
Note |
- |
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
31,785,000 |
Current Liabilities |
11,156,000 |
|
Inventories |
23,980,000 |
Long-term Liabilities |
46,323,000 |
|
Fixed Assets |
6,187,000 |
Other Liabilities |
784,000 |
|
Deferred Assets |
0,000 |
Total Liabilities |
58,263,000 |
|
Invest& other Assets |
65,000 |
Retained Earnings |
1,693,000 |
|
|
|
Net Worth |
3,754,000 |
|
Total Assets |
62,017,000 |
Total Liab. & Equity |
62,017,000 |
|
Total Assets (Previous Year) |
21,527,000 |
|
|
|
P/L Statement as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Sales |
169,954,000 |
Net Profit |
1,636,000 |
|
Sales(Previous yr) |
22,093,000 |
Net Profit(Prev.yr) |
168,000 |
MIRA INFORM REPORT
|
Report Date : |
25.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
ALUTECH PACKAGING PRIVATE LIMITED (w.e.f.
21.07.2011) |
|
|
|
|
Formerly Known
As : |
FLIC FOIL INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
254, 1st Floor, Azad Market, Delhi-110006 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
28.07.2010 |
|
|
|
|
Com. Reg. No.: |
55-206373 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 2.061 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U36912DL2010PTC206373 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of Packaging Material |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B (29) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
USD 15000 |
|
|
|
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow But Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having moderate track record. The company has taken huge external borrowing, which acts as
threatening to the liquidity position of the company. However, trade relations are fair. Business is active. Payment terms
are slow but correct. The company can be considered for business dealing 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 – December 1, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
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
India’s current account deficit for the fiscal third quarter ended
September 2013 narrowed to $4.2 billion or 0.9 % of the gross domestic product
from $31.9 billion or 6.5 % of GDP a year earlier, thanks to a pick-up in
exports and moderation in gold imports. Manufacturing activity and new orders
in India showed their strongest growth in a year in February. The news comes as
a relief after data showed Asia’s third largest economy grew by a
slower-than-expected 4.7 % annually in the three months through December. The
HSBC Manufacturing Purchasing Managers’ Index which gauges the business
activity of India’s factories but not its’ utilities, rose to 52.5 in February,
its highest in a year from 51.4 in January. Overall new orders for factory
goods which rose to a one-year high of 54.9 contributed to the surge. China has
emerged as India’s biggest trading partner in the current financial year
replacing the United Arab Emirates and pushing it to the third spot.
India-China trade has reached $49.5 billion with a 8.7 % share in India’s total
trade. The US comes second at $46 billion with 8.1 % share during the first
nine months of the current financial year.
The Reserve Bank of India has granted an additional nine months to the
public to exchange currency notes printed before 2005 including Rs 500 and Rs
1,000 denominations, pushing the deadline to January 1, 2015. A day before
dates for the Lok Sabha polls were announced, the government decided to hike
interest rates on fixed deposit schemes offered by post offices up to 0.2 per
cent. The new rates will be effective April, 1. The Supreme Court will resume
hearing on March, 11 Nokia’s appeal against a ruling over transferring
ownership of its local mobile phones plant which is the subject of a tax
dispute to Microsoft Corp.
In the last days of the current Government, another scam has surfaced.
The defence ministry has ordered a probe into Hindustan Aeronautics Limited’s
contracts from Britain’s Rolls-Royce Holdings worth at least $ 1.2 billion. The
Central Bureau of Investigation will look into allegations that over $80
million was paid in kickbacks in a deal signed in 2011. India has asked Boeing
Co. to find a solution for problems with state-owned Air India’s 787
Dreamliners. The aircraft has experienced a series of malfunctions since its
debut in 2011.
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. Lalit Sharma |
|
Designation : |
Accounts Manager |
|
Contact No.: |
91-11-27893897 |
|
Date : |
15.03.2014 |
LOCATIONS
|
Registered Office : |
254, 1st Floor, Azad Market, Delhi-110006, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Factory : |
92, Badli Industrial Area, Phase-II, New Delhi-110042, India |
|
Tel. No.: |
91-11-27893897 |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2013
|
Name : |
Mr. Rakesh Goel |
|
Designation : |
Director |
|
Address : |
36/1, Madan Park East Punjabi Bagh,
Delhi-110026, India |
|
Date of Birth/Age : |
06.07.1977 |
|
Date of Appointment : |
28.07.2010 |
|
DIN No.: |
02076044 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Company/
LLP Status |
Defaulting
status |
|
1 |
U74120DL2008PTC175203 |
RAMA CALPACK
PRIVATE LIMITED |
Director |
12/03/2008 |
12/03/2008 |
Active |
NO |
|
2 |
U36912DL2010PTC206373 |
ALUTECH
PACKAGING PRIVATE LIMITED |
Director |
28/07/2010 |
28/07/2010 |
Active |
NO |
|
Name : |
Mr. Anil Kumar Mittal |
|
Designation : |
Director |
|
Address : |
92, Bank Colony, Street No.2, P.O. Govindpuri P.S. Modi Nagar,
Ghaziabad-201204, Uttar Pradesh, India
|
|
Date of Birth/Age : |
07.03.1980 |
|
Date of Appointment : |
28.07.2010 |
|
DIN No.: |
03122675 |
|
|
|
|
Name : |
Mr. Anshu Mittal |
|
Designation : |
Director |
|
Address : |
92, Bank Colony, Street No.2, P.O. Govindpuri P.S. Modi Nagar,
Ghaziabad-201204, Uttar Pradesh, India
|
|
Date of Birth/Age : |
05.07.1980 |
|
Date of Appointment : |
01.04.2012 |
|
DIN No.: |
03361701 |
|
|
|
|
Name : |
Ms. Puja Goel |
|
Designation : |
Director |
|
Address : |
WZ-5B, Bhagwan Das Nagar
Extension, East Punjabi Bagh, Delhi-110026, India |
|
Date of Birth/Age : |
26.06.1978 |
|
Date of Appointment : |
01.04.2013 |
|
DIN No.: |
06379782 |
|
|
|
|
Name : |
Mr. Hakumat Rai Mittal |
|
Designation : |
Additional Director |
|
Address : |
92, Bank Colony, Street No.2, P.O. Govindpuri P.S. Modi Nagar,
Ghaziabad-201204, Uttar Pradesh, India
|
|
Date of Birth/Age : |
12.06.1954 |
|
Date of Appointment : |
01.04.2013 |
|
DIN No.: |
06531813 |
KEY EXECUTIVES
|
Name : |
Mr. Lalit Sharma |
|
Designation : |
Accounts Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Anil Kumar Mittal |
50000 |
|
Rakesh Goel |
50000 |
|
Ruchika Mittal |
15000 |
|
Radha Mittal |
15000 |
|
Anshu Mittal |
15000 |
|
Hakumat Rai Mittal |
14800 |
|
Ranjeet Mittal |
15000 |
|
Puja Goel |
15000 |
|
Rakesh Goel HUF |
15000 |
|
Sanjay Aggarwal |
100 |
|
Usha Gupta |
100 |
|
Sonal Gupta |
100 |
|
Mahabir Prashad and Sons (HUF) |
100 |
|
Divya Gupta |
100 |
|
Nikhil Tayal |
100 |
|
Kamlesh Gupta |
100 |
|
Seema Tayal |
100 |
|
Amit Gupta |
100 |
|
Menu Gupta |
100 |
|
H N Gupta |
100 |
|
Amit Gupta HUF |
100 |
|
H N Gupta HUF |
100 |
|
TOTAL
|
206100 |
AS ON 28.01.2014
|
Names of Shareholders |
No. of Shares |
|
Rity Tayal |
100 |
|
Deepesh Tayal |
100 |
|
Raj Rani Tayal |
100 |
|
M R Tayal and Sons HUF |
100 |
|
Pushpa Gupta |
100 |
|
Darshana Devi |
100 |
|
Nirmala Devi |
100 |
|
TOTAL |
700 |
AS ON 30.09.2013
|
Equity Shares
Break Up |
Percentage of
Holding |
|
Directors or relatives of Directors |
100.00 |
|
TOTAL |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Packaging Material |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Customers : |
|
||||||||||||||||||
|
|
|
||||||||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
SNRS and Associates Chartered Accountant |
|
Address : |
18 Indra Market Gurudwra Road, Modinagar-201204, Uttar Pradesh, India |
|
Tel. No.: |
|
|
Mobile No.: |
91-9219419805 / 9219515120 / 9412715004 |
|
Fax No.: |
91-1232-230910 |
|
E-Mail : |
|
|
PAN No.: |
AAXFS1427Q |
CAPITAL STRUCTURE
AS ON 31.03.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
Rs.10/- each |
Rs. 2.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
206100 |
Equity Shares |
Rs.10/- each |
Rs. 2.061
Millions |
|
|
|
|
|
AS ON 30.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
Rs.10/- each |
Rs. 2.500 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
206800 |
Equity Shares |
Rs.10/- each |
Rs. 2.068
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 |
2.061 |
2.050 |
0.500 |
|
(b) Reserves & Surplus |
1.693 |
0.057 |
-0.111 |
|
(c) Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
0.000 |
0.000 |
4.050 |
|
Total
Shareholders’ Funds (1) + (2) |
3.754 |
2.107 |
4.439 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
46.323 |
13.192 |
0.700 |
|
(b) Deferred tax liabilities
(Net) |
0.084 |
0.018 |
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) |
46.407 |
13.210 |
0.700 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
4.702 |
5.030 |
6.284 |
|
(c) Other current liabilities |
6.454 |
1.138 |
0.162 |
|
(d) Short-term provisions |
0.700 |
0.042 |
0.000 |
|
Total
Current Liabilities (4) |
11.856 |
6.210 |
6.446 |
|
|
|
|
|
|
TOTAL |
62.017 |
21.527 |
11.585 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
6.187 |
2.832 |
2.448 |
|
(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 |
0.065 |
0.147 |
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 |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
6.252 |
2.979 |
2.448 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
23.980 |
11.065 |
6.198 |
|
(c) Trade receivables |
22.120 |
3.175 |
0.000 |
|
(d) Cash and cash equivalents |
0.453 |
0.186 |
0.064 |
|
(e) Short-term loans and
advances |
0.000 |
0.000 |
0.000 |
|
(f) Other current assets |
9.212 |
4.122 |
2.875 |
|
Total
Current Assets |
55.765 |
18.548 |
9.137 |
|
|
|
|
|
|
TOTAL |
62.017 |
21.527 |
11.585 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
SALES |
|
|
|
|
|
Income |
169.954 |
22.093 |
0.143 |
|
|
Other Income |
6.599 |
0.140 |
0.003 |
|
|
TOTAL
(A) |
176.553 |
22.233 |
0.146 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
161.523 |
29.251 |
0.111 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(12.915) |
(11.065) |
0.000 |
|
|
Employees benefits expense |
8.528 |
0.482 |
0.023 |
|
|
Other expenses |
12.310 |
2.219 |
0.109 |
|
|
TOTAL
(B) |
169.446 |
20.887 |
0.243 |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (C) |
7.107 |
1.346 |
(0.097) |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
4.119 |
0.680 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
2.988 |
0.666 |
(0.097) |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION (F) |
0.586 |
0.438 |
0.014 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
2.402 |
0.228 |
(0.111) |
|
|
|
|
|
|
|
Less |
TAX
(I) |
0.766 |
0.060 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-I)
(J) |
1.636 |
0.168 |
(0.111) |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
6.416 |
6.095 |
0.000 |
|
|
TOTAL
IMPORTS |
6.416 |
6.095 |
0.000 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
7.97 |
3.31 |
-- |
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
PAT / Total Income |
(%) |
0.93 |
0.76 |
(76.03) |
|
|
|
|
|
|
|
|
|
Net Profit Margin |
(%) |
1.41 |
1.03 |
(77.62) |
|
|
|
|
|
|
|
|
|
Return on Total Assets |
(%) |
3.88 |
1.07 |
(0.96) |
|
|
|
|
|
|
|
|
|
Return on Investment (ROI) |
|
0.64 |
0.11 |
(0.03) |
|
|
|
|
|
|
|
|
|
Debt Equity Ratio |
|
12.34 |
6.26 |
0.16 |
|
|
|
|
|
|
|
|
|
Current Ratio |
|
4.70 |
2.99 |
1.42 |
|
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(INR
in Mlns.) |
(INR
in Mlns.) |
(INR
in Mlns.) |
|
Share Capital |
0.500 |
2.050 |
2.061 |
|
Reserves & Surplus |
(0.111) |
0.057 |
1.693 |
|
Net
worth |
0.389 |
2.107 |
3.754 |
|
|
|
|
|
|
long-term borrowings |
0.700 |
13.192 |
46.323 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
0.700 |
13.192 |
46.323 |
|
Debt/Equity
ratio |
1.799 |
6.261 |
12.340 |
YEAR ON YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(INR
in Mlns) |
(INR
in Mlns) |
(INR
in Mlns) |
|
Sales |
0.143 |
22.093 |
169.954 |
|
|
|
15,349.650 |
669.266 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(INR) |
(INR) |
(INR) |
|
Sales |
0.143 |
22.093 |
169.954 |
|
Profit |
(0.111) |
0.168 |
1.636 |
|
|
(77.62)% |
0.76% |
0.96% |
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 |
No |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
Yes |
|
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 Loan |
Rs.
In Millions 31.03.2013 |
Rs.
In Millions 31.03.2012 |
|
Long Term
Borrowings |
|
|
|
From Directors |
|
|
|
Anil Miital |
2.582 |
1.186 |
|
Rakesh Goel |
4.416 |
2.957 |
|
Anshu Mittal |
3.362 |
2.012 |
|
From Shareholders |
|
|
|
H.R. Mittal |
1.601 |
0.856 |
|
Radha Mittal |
0.174 |
0.150 |
|
Rakesh Goel (HUF) |
3.381 |
0.250 |
|
Ranjeet Mittal |
0.000 |
1.376 |
|
Rajesh Mittal |
0.974 |
0.000 |
|
Rakesh Mittal |
0.974 |
0.000 |
|
Ruchika Miital |
2.767 |
1.807 |
|
Amit Gupta |
0.499 |
0.000 |
|
Amit Gupta HUF |
0.700 |
0.000 |
|
Diya Gupta |
0.574 |
0.000 |
|
H.N. Gupta |
0.799 |
0.000 |
|
H.N. Gupta HUF |
0.500 |
0.000 |
|
Kamlesh Gupta |
0.501 |
0.000 |
|
Mahabir Prasad & Sons Huf |
1.052 |
0.000 |
|
Meenu Gupta |
0.999 |
0.000 |
|
Nikhil Tayal |
0.615 |
0.000 |
|
Puja Goel |
4.663 |
0.000 |
|
Rekha Gupta |
1.000 |
0.000 |
|
Sanajy Agarwal |
0.628 |
0.000 |
|
Sonal Gupta |
2.143 |
0.000 |
|
Usha Gupta |
0.628 |
0.000 |
|
From Others |
|
|
|
Wonder International |
0.000 |
2.598 |
|
|
|
|
|
TOTAL |
35.532 |
13.192 |
INDEX OF CHARGES
|
S. No |
Charge ID |
Date of Charge Creation /Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN |
|
1 |
10422732 |
16/04/2013 |
2,500,000.00 |
PUNJAB NATIONAL BANK |
G.T. ROAD, MODINAGAR, UTTAR PRADESH -
201204, INDIA |
B74040767 |
|
2 |
10413828 |
22/03/2013 |
20,000,000.00 |
PUNJAB NATIONAL BANK |
G.T. ROAD, MODINAGAR, Uttar Pradesh -
201204, INDIA |
B71371421 |
COMPANY
INFORMATIONS
The Company was
incorporated as at 28.07.2010 with the name of M/s Flick Foil India Private
Limited. The name of the company has been changed from Flick Foil India Private
Limited to Alutech Packaging Private Limited due to the unsatisfactory and to
level of expectations keeping in view and other various reasons.
PERFORMANCE OF THE
COMPANY
The company has
earned a profit of Rs. 2.402 Millions (Prev. Year Profit of Rs 0.228. Million)
and total turnover of Rs. 169.954 Millions (Prev. Year Rs. 22.093 Millions) for
the year.
FIXED ASSETS
- Plant and Machinery
- Vehicles
- Furniture
- Computer
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. 60.70 |
|
|
1 |
Rs. 100.10 |
|
Euro |
1 |
Rs. 83.80 |
INFORMATION DETAILS
|
Information
Gathered by : |
NYA |
|
|
|
|
Report Prepared
by : |
DPT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
4 |
|
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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
29 |
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.