MIRA
INFORM REPORT
|
Report Date : |
09.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
R.K. MARBLE PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Makrana Road, Madanganj-Kishangarh, Kishangarh – 305801, Rajasthan |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
25.05.1989 |
|
|
|
|
Com. Reg. No.: |
17-004974 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 631.557 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U14101RJ1989PTC004974 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACR9701L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Marbles. |
|
|
|
|
No. of Employees
: |
60 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
A (62) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
USD 19000000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject is a well-established company having fine track record. The rating reflects company’s healthy financial risk profile marked by
sound liquidity position and fair profitability achieved by the company. Trade relations are reported as fair. Business is active. Payments are
reported to be regular and as per commitments. The company can be considered good for normal business dealings at
usual 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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
Long Term Bank Facilities = A+ |
|
Rating Explanation |
Adequate degree of safety and low credit risk |
|
Date |
19.02.2014 |
|
Rating Agency Name |
CARE |
|
Rating |
Short Term Bank Facilities = A1+ |
|
Rating Explanation |
Very strong degree of safety and lowest credit risk |
|
Date |
19.02.2014 |
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 DECLINED BY
|
Name : |
Mr. Vishal |
|
Designation : |
Senior Executive Commercial |
|
Contact No.: |
91-1463-301100 |
|
Date : |
07.05.2014 |
LOCATIONS
|
Registered Office / Factory : |
Makrana Road, Madanganj-Kishangarh, Kishangarh – 305801, Rajasthan,
India |
|
Tel. No.: |
91-1463-301100 / 260101 / 10 |
|
Fax No.: |
91-1463-250601 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on 11.09.2013
|
Name : |
Mr. Ashok Patni |
|
Designation : |
Whole-Time Director |
|
Address : |
R.K. House , City Road, Madanganj-Kishangarh, Kishangarh – 305801,
Rajasthan, India |
|
Date of Birth/Age : |
24.01.1954 |
|
Date of Appointment : |
25.05.1989 |
|
DIN No.: |
00008166 |
|
PAN No.: |
ADUPP9020A |
|
Voter ID No.: |
MWJ/1920974 |
|
|
|
|
Name : |
Mr. Suresh Patni |
|
Designation : |
Managing Director |
|
Address : |
R.K. House , City Road, Madanganj-Kishangarh, Kishangarh – 305801,
Rajasthan, India |
|
Date of Birth/Age : |
28.11.1956 |
|
Date of Appointment : |
25.05.1989 |
|
DIN No.: |
00008230 |
|
PAN No.: |
ADUPP9022C |
|
Voter ID No.: |
MWJ/1920982 |
|
|
|
|
Name : |
Mr. Vimal Patni |
|
Designation : |
Managing Director |
|
Address : |
R.K. House , City Road, Madanganj-Kishangarh, Kishangarh – 305801,
Rajasthan, India |
|
Date of Birth/Age : |
22.09.1966 |
|
Date of Appointment : |
31.03.2010 |
|
DIN No.: |
00136437 |
|
Voter ID No.: |
MWJ/1920990 |
|
|
|
|
Name : |
Mr. Vineet Patni |
|
Designation : |
Whole-Time Director |
|
Address : |
R.K. House , City Road, Madanganj-Kishangarh, Kishangarh – 305801,
Rajasthan, India |
|
Date of Birth/Age : |
25.09.1979 |
|
Date of Appointment : |
01.04.2004 |
|
DIN No.: |
00008291 |
|
PAN No.: |
AAUPP5796Q |
|
Voter ID No.: |
MWJ/1921006 |
|
|
|
|
Name : |
Mr. Vikas Patni |
|
Designation : |
Whole-Time Director |
|
Address : |
R.K. House , City Road, Madanganj-Kishangarh, Kishangarh – 305801,
Rajasthan, India |
|
Date of Birth/Age : |
25.04.1980 |
|
Date of Appointment : |
01.04.2004 |
|
DIN No.: |
00015109 |
|
Voter ID No.: |
MWJ/1920958 |
|
|
|
|
Name : |
Mr. Sanjay Bakliwal |
|
Designation : |
Whole-Time Director |
|
Address : |
Oswali Mohalla, Madanganj-Kishangarh, Ajmer – 305801, Rajasthan,
India |
|
Date of Birth/Age : |
31.01.1967 |
|
Date of Appointment : |
01.11.2006 |
|
DIN No.: |
00194066 |
|
|
|
|
Name : |
Mr. Vinay Patni |
|
Designation : |
Whole-Time Director |
|
Address : |
R.K. House , City Road, Madanganj-Kishangarh, Kishangarh – 305801, Rajasthan, India |
|
Date of Birth/Age : |
17.05.1985 |
|
Date of Appointment : |
23.09.2009 |
|
DIN No.: |
02766274 |
|
PAN No.: |
AJNPP4279Q |
|
Voter ID No.: |
MWJ/1854165 |
KEY EXECUTIVES
|
Name : |
Mr. Namita Jain |
|
Designation : |
Secretary |
|
Address : |
Sehind Shardul School, Oswali Mohalla, Madanganj-Kishangarh,
Kishangarh – 305801, Rajasthan, India |
|
Date of Birth/Age : |
25.07.1979 |
|
Date of Appointment : |
16.04.2010 |
|
PAN No.: |
ALIPJ2019H |
|
Voter ID No.: |
UCW/0712569 |
|
|
|
|
Name : |
Mr. Vishal |
|
Designation : |
Senior Executive Commercial |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 11.09.2013
|
Names of Shareholders |
|
No. of Shares |
|
Ashok Patni |
|
4260668 |
|
Ashok Patni Karta of Ashok Kumar Patni (HUF) |
|
1861500 |
|
Sushila Devi Patni |
|
5511288 |
|
Vineet Patni |
|
4074438 |
|
Suresh Patni |
|
4859476 |
|
Suresh Patni Karta of Suresh Kumar Patni (HUF) |
|
1207000 |
|
Shanta Devi Patni |
|
5210171 |
|
Vinay Patni |
|
3171671 |
|
Vikas Patni |
|
3116871 |
|
Vimal Patni |
|
2291565 |
|
Vimal Patni Karta of Vimal Kumar Patni (HUF) |
|
1215000 |
|
Tarika Devi Patni |
|
5533785 |
|
Rishabh Patni |
|
1350000 |
|
Vivek Patni |
|
1393200 |
|
Kanwar Lal Patni Karta of Ratan Lala Patni (HUF) |
|
3626451 |
|
Kanwar Lal Patni |
|
3969796 |
|
Kanwar Lal Patni Kart of Kanwar Lal (HUF) |
|
2530197 |
|
Chattar Devi Patni |
|
5883509 |
|
Vineet Patni Karta of Vineet Patni (HUF) |
|
521280 |
|
Vikas Patni Karta of Vikash Patni (HUF) |
|
532780 |
|
Suchi Patni |
|
517777 |
|
Shraddha Patni |
|
517277 |
|
Total |
|
63155700 |
As on 11.09.2013
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Marbles. |
||||||||
|
|
|
||||||||
|
Products : |
|
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|
|
|
||||||||
|
Exports : |
|
||||||||
|
Products : |
Marbles. |
||||||||
|
Countries : |
·
China ·
Gulf County ·
Europe ·
Middle East
|
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|
|
|
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|
Imports : |
|
||||||||
|
Countries : |
Europe |
||||||||
|
|
|
||||||||
|
Terms : |
|
||||||||
|
Selling : |
Cash / Advance Payment |
||||||||
|
|
|
||||||||
|
Purchasing : |
Cash / Advance Payment |
GENERAL INFORMATION
|
Customers : |
Wholesalers, Retailers and End Users |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
No. of Employees : |
60 (Approximately) |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Bankers : |
· State Bank of Bikaner and Jaipur, Industrial Area, Madanganj-Kishangarh, Kishangarh - 305801, Rajasthan, India · Yes Bank Limited, 9th Floor, Nehru Centre, Discovery of India, Dr. Annie Besant Road, Worli, Mumbai - 400018, Maharashtra, India · IDBI Bank Limited, IDBI Towerwtc Complex, Cuffe Parade, Mumbai - 400005, Maharashtra, India ·
HDFC Bank Limited, HDFC Bank Housesenapati
Bapat Marg, Lower Parel West, Mumbai - 400013, Maharashtra, India |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Facilities : |
(Rs.
In Millions)
|
|
|
|
|
Banking
Relations : |
--- |
|
|
|
|
Finance Institution : |
Bajaj Finance Limited, Akurdi Pune-, Pune - 411035, Maharashtra, India SREI Equipment Finance Private Limited, 'Vishwakarma',
86c, Topsia Road, Kolkata - 700046, West Bengal, India |
|
|
|
|
Auditors : |
|
|
Name : |
C.M. Agarwal and company Chartered Accountants |
|
Address : |
Opposite SBI, Main Market, Madanganj, Kishangarh,
Ajmer-305801, Rajasthan, India |
|
PAN No.: |
AACFC3261F |
|
|
|
|
Enterprises
controlled or significantly influenced by key management personnel, their
relatives and directors |
· R.K.Granimarmo Private Limited · Elegant Premises Private Limited · A.K. Marbles · S.K. Marbles · V.K. Marbles · R.K. Buildestates Private Limited · R.K. Exports · R.K. Enterprises · Premier Premises Private Limited · Wonder Cement Limited · Patni Estates Private Limited · Patni Estates Private Limited · R.K. Premises Private Limited · R.K. Super Cement Product Private Limited · Supreme Buildestates Private Limited · R.K. Marmostones Private Limited · Wonder Marble LLP · Stonearch Properties Private Limited · Moon Buildestate Private Limited · Wonder Marmostones Private Limited ·
Wonder Minerals Private Limited |
|
|
|
|
Subsidiaries : |
· RK Marble Vietnam Co. Limited, Vietnam ·
RK Marble International Limited Sirketi,
Turkey |
CAPITAL STRUCTURE
As on 11.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
75000000 |
Equity Shares |
Rs.10/- each |
Rs.750.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
63155700 |
Equity Shares |
Rs.10/- each |
Rs.631.557 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 |
631.557 |
631.557 |
631.557 |
|
(b) Reserves & Surplus |
4284.247 |
3340.794 |
2484.080 |
|
(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) |
4915.804 |
3972.351 |
3115.637 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
921.268 |
1273.400 |
322.328 |
|
(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 |
42.805 |
36.824 |
24.377 |
|
Total Non-current Liabilities (3) |
964.073 |
1310.224 |
346.705 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
1543.275 |
968.362 |
767.758 |
|
(b) Trade payables |
206.754 |
7.663 |
4.172 |
|
(c) Other current
liabilities |
950.420 |
786.304 |
361.365 |
|
(d) Short-term provisions |
30.139 |
26.313 |
20.468 |
|
Total Current Liabilities (4) |
2730.588 |
1788.642 |
1153.763 |
|
|
|
|
|
|
TOTAL |
8610.465 |
7071.217 |
4616.105 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
1257.332 |
1071.527 |
922.724 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
2.074 |
190.221 |
80.047 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
1871.318 |
1037.178 |
152.455 |
|
(c) Deferred tax assets (net) |
84.197 |
83.565 |
63.031 |
|
(d) Long-term Loan and Advances |
139.608 |
168.861 |
1801.143 |
|
(e) Other Non-current assets |
3.444 |
4.684 |
6.096 |
|
Total Non-Current Assets |
3357.973 |
2556.036 |
3025.496 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
585.008 |
428.197 |
273.266 |
|
(c) Trade receivables |
562.232 |
427.374 |
404.179 |
|
(d) Cash and cash
equivalents |
491.582 |
214.553 |
144.659 |
|
(e) Short-term loans and
advances |
3570.102 |
3433.734 |
766.718 |
|
(f) Other current assets |
43.568 |
11.323 |
1.787 |
|
Total Current Assets |
5252.492 |
4515.181 |
1590.609 |
|
|
|
|
|
|
TOTAL |
8610.465 |
7071.217 |
4616.105 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
3995.057 |
3686.196 |
2931.200 |
|
|
|
Other Income |
NA |
NA |
NA |
|
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Less |
|
|
|
|
|
|
|
|
Office Expenses |
|
|
|
|
|
|
Administrative Expenses |
NA |
NA |
NA |
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
1676.641 |
1528.896 |
1217.542 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
268.820 |
255.138 |
170.307 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
1407.821 |
1273.758 |
1047.235 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
464.368 |
415.706 |
347.333 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX |
943.453 |
858.052 |
699.902 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
3271.305 |
2413.253 |
1713.351 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
4214.758 |
3271.305 |
2413.253 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
|
|
Exports of Marble Block & Slabs |
22.580 |
40.449 |
7.055 |
|
|
|
Interest from Subsidiary Companies |
0.000 |
8.063 |
9.895 |
|
|
TOTAL EARNINGS |
22.580 |
48.512 |
16.950 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Spare Parts |
3.076 |
8.428 |
5.388 |
|
|
|
Marble Blocks |
910.735 |
823.302 |
498.187 |
|
|
|
Capital Goods |
30.855 |
49.764 |
7.233 |
|
|
TOTAL IMPORTS |
944.666 |
881.494 |
510.808 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
14.94 |
13.59 |
8.96 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
Net Profit Margin (PBT/Sales) |
(%) |
35.24 |
34.55 |
35.73 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
21.16 |
22.11 |
24.24 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.29 |
0.32 |
0.34 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.50 |
0.56 |
0.35 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.92 |
2.52 |
1.38 |
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 |
631.557 |
631.557 |
631.557 |
|
Reserves & Surplus |
2484.080 |
3340.794 |
4284.247 |
|
Net
worth |
3115.637 |
3972.351 |
4915.804 |
|
|
|
|
|
|
long-term borrowings |
322.328 |
1273.400 |
921.268 |
|
Short term borrowings |
767.758 |
968.362 |
1543.275 |
|
Total
borrowings |
1090.086 |
2241.762 |
2464.543 |
|
Debt/Equity
ratio |
0.350 |
0.564 |
0.501 |
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) |
|
Sales |
2931.200 |
3686.196 |
3995.057 |
|
|
|
25.757 |
8.379 |
NET PROFIT MARGIN
|
Net Profit
Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
2931.200 |
3686.196 |
3995.057 |
|
Profit |
699.902 |
858.052 |
943.453 |
|
|
23.88% |
23.28% |
23.62% |
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 |
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 |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details (if applicable) |
Yes |
|
21] |
Market information |
---------------------- |
|
22] |
Litigations that the firm / promoter involved in |
Yes |
|
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 |
Yes |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
Yes |
|
34] |
External Agency Rating, if available |
Yes |
LITIGATIONS DETAILS
PENDING
|
Date of query : 9/5/2014 |
Time : 3:48:49 PM |
|
CUSTA'2' of 2009 - R |
5695/2009 |
|
Petitioner : |
COMMISSIONER OF CUSTOMS JODHPUR |
|
Respondent: |
M/S R K MARBLE PVT LTD |
|
Petitioner Advocate: |
ANIL MEHTA |
|
Respondent Advocate: |
AJEET KUMAR SHARMA |
|
Class Code : 1304 |
Registered on : 19/5/2009 |
|
Bench : DB |
Stage : DUE COURSE |
|
DATE GIVEN BY: PESHI CLERK DATE |
|
|
Date of Listing : 9/8/2012 |
|
|
Listed in court No. 1 on 24/08/2012 |
|
DEPARTMENT DETAILS
|
Dept Type |
Dept Code |
Dept Name |
|
C |
31 |
Excise Customs and Staff |
CONNECTED MATTERS
|
TYPE |
NO. |
|
CUSTA |
7/2011 |
MAIN CASE IN WHICH
THIS CASE IS A CONNECTED CASE
|
TYPE |
NO. |
|
CUSTA |
7/2011 |
CASES DETAIL IN WHICH
THIS IS MAIN CASE
|
Filling Number |
Reg. No. |
Filing Date |
|
CSTAY-8352/2009 |
2099/2009 |
8/7/2009 |
LOWER COURT DETAILS
|
Case No. |
Judgeship |
Place |
Court |
Decision Date |
|
COS-726/2008 |
AJMER |
AJMER |
ADDITIONAL CIVIL JUDGE (JR.DIV.) & JM NO.6 |
|
PAPER DETAILS
|
No. |
Type |
Date of filing |
|
22501/2012 |
APPLICATION |
26/7/2012 |
|
COMMISSIONER OF CUSTOMS JODHPUR VS M/S R K MARBLE PVT LTD |
ANIL MEHTA |
Court Fee : 2 |
|
|
|
|
|
19435/2010 |
PF+NOTICE+EXTRA |
30/9/2010 |
|
COMMISSIONER OF CUSTOMS JODHPUR VS M/S R K MARBLE PVT LTD |
ANIL MEHTA |
Court Fee : 3 |
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10413912 |
25/03/2013 |
250,000,000.00 |
IDBI BANK LIMITED |
IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
B71478564 |
|
2 |
10410183 |
13/02/2013 |
50,000,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B70218920 |
|
3 |
10360144 |
01/06/2012 |
31,990,158.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B41430844 |
|
4 |
10331895 |
29/12/2011 |
28,797,036.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B30595185 |
|
5 |
10315437 |
21/12/2012 * |
300,000,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
INDUSTRIAL AREA, MADANGANJ -KISHANGARH, KISHANG |
B65774333 |
|
6 |
10311891 |
28/09/2011 |
39,000,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B23181373 |
|
7 |
10304915 |
08/08/2011 |
36,131,930.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B19918556 |
|
8 |
10290265 |
21/05/2011 |
250,000,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B14290290 |
|
9 |
10273206 |
13/12/2012 * |
128,306,000.00 |
BAJAJ FINANCE LIMITED |
AKURDI PUNE-, PUNE, MAHARASHTRA - 411035, INDIA |
B64718422 |
|
10 |
10223033 |
21/05/2010 |
250,000,000.00 |
IDBI BANK LIMITED |
IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
A87510574 |
|
11 |
10148017 |
25/03/2011 * |
700,000,000.00 |
IDBI BANK LIMITED |
IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
B10582757 |
|
12 |
10012782 |
29/01/2013 * |
1,000,000,000.00 |
STATE BANK OF BIKANER AND JAIPUR |
INDUSTRIAL AREA, MADANGANJ-KISHANGARH, KISHANGARH, RAJASTHAN - 305801, INDIA |
B68909332 |
* Date of charge modification
FIXED ASSETS
· Land
· 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.59.99 |
|
|
1 |
Rs.101.75 |
|
Euro |
1 |
Rs.83.48 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
NTH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILIRY |
1~10 |
7 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
7 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
62 |
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.