MIRA
INFORM REPORT
|
Report Date : |
24.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
IMMUNOSHOP INDIA PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
309, Raheja
Arcade, Sector-11, CBD Belapur (East), Navi Mumbai - 400614, Maharashtra,
India |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2012 |
|
|
|
|
Date of
Incorporation : |
28.06.2004 |
|
|
|
|
Com. Reg. No.: |
11-147178 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.0.950 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U33110MH2004PTC147178 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMI06731E |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Trader and Import
of Medical Diagnostics Products/Life Sciences Products and Research Products. |
|
|
|
|
No. of Employees
: |
50 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (47) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 110000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having a satisfactory track record. Management of the company has failed to file its financial for the year
2013 with the Government Department. As per the financial (2012), general position of the company seems to
be decent. Trade relations are reported to be fair. Business is active. Payment terms are reported to be usually
correct. The company can be considered for 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.
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 (GENERAL DETAILS)
|
Name : |
Mr. Venkatesh |
|
Designation : |
Office Executive |
|
Contact No.: |
91-22-27566891 |
|
Date : |
20.05.2014 |
LOCATIONS
|
Registered
Office/ Warehouse : |
309, Raheja
Arcade, Sector-11, CBD Belapur (East), Navi Mumbai - 400614, Maharashtra,
India |
|
Tel. No. : |
91-22-27566891/
27566892/ 27566990/ 32198021 |
|
Fax No. : |
91-22-27566893/
27565575/ 27578497 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
DIRECTORS
(AS ON 29.09.2012)
|
Name : |
Mr. Manoj Omprakash Monga |
|
Designation : |
Director |
|
Address : |
Flat No.101, First Floor, Building No.29, NRI Complex, Seawood Estate,
Nerul, Navi Mumbai – 400706, Maharashtra, India |
|
Date of Birth/Age : |
21.01.1971 |
|
Date of Appointment : |
28.06.2004 |
|
DIN No. : |
01270188 |
|
|
|
|
Name : |
Mrs. Neeta Manoj Monga |
|
Designation : |
Director |
|
Address : |
Flat No.101, First Floor, Building No.29, NRI Complex, Seawood Estate,
Nerul, Navi Mumbai – 400706, Maharashtra, India |
|
Date of Birth/Age : |
30.11.1966 |
|
Date of Appointment : |
28.06.2004 |
|
DIN No. : |
01270200 |
|
|
|
|
Name : |
Mr. Deep Monga |
|
Designation : |
Director |
|
Address : |
309, Raheja Arcade, Sector – 11, CBD Belapur, Navi Mumbai – 400706,
Maharashtra, India |
|
Date of Birth/Age : |
02.01.1982 |
|
Date of Appointment : |
08.08.2010 |
|
DIN No. : |
03127635 |
KEY EXECUTIVES
|
Name : |
Mr. Venkatesh |
|
Designation : |
Office Executive |
|
|
|
|
Name : |
Ms. Mousumi |
|
Designation : |
Assistant Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
(AS ON 29.09.2012)
|
Names of Shareholders |
No. of Shares |
Percentage |
|
|
|
|
|
Manoj Omprakash Monga |
94000 |
98.95 |
|
Neeta Manoj Monga |
1000 |
1.05 |
|
|
|
|
|
Total |
95000 |
100.00 |
(AS ON 29.09.2012)
Equity Shares Break – up
|
Category |
|
Percentage |
|
|
|
|
|
Directors or relatives of Directors |
|
100.00 |
|
|
|
|
|
Total |
|
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Trader and Import
of Medical Diagnostics Products/Life Sciences Products and Research Products. |
GENERAL INFORMATION
|
No. of Employees : |
50 (Approximately) |
|||||||||||||||||||||||||||
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|
|||||||||||||||||||||||||||
|
Bankers : |
· Development Credit Bank Limited 301, Delta Plaza, 414, Veer Savarkar Marg,
Prabhadevi, Mumbai - 400025, Maharashtra, India Citibank N.
A. Trent House, 2nd Floor, G Block, Plot
No.C60, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra,
India |
|||||||||||||||||||||||||||
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|
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|
Facilities : |
|
|||||||||||||||||||||||||||
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
S. Pratap Singh and Company Chartered Accountants |
|
Address : |
110, Punit Chamber, Sector-18, Vashi, Navi Mumbai – 400705, Maharashtra, India |
|
Tel. No. : |
91-22-27882276/ 27661963 |
|
Mobile No. : |
91-9820574619 |
|
Fax No. : |
91-22-27657322 |
|
E-Mail : |
|
|
Website: |
|
|
Income-tax
PAN of auditor or auditor's firm : |
AQXPS8029A |
CAPITAL STRUCTURE
(AS ON 31.03.2012)
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs.10.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
95000 |
Equity Shares |
Rs.10/- each |
Rs.0.950 Million |
|
|
|
|
|
FINANCIAL DATA
[All figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
0.950 |
0.950 |
|
(b) Reserves & Surplus |
|
26.680 |
19.014 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
27.630 |
19.964 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
49.820 |
28.513 |
|
(b) Deferred tax liabilities (Net) |
|
0.386 |
0.312 |
|
(c) Other long term liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
2.105 |
0.944 |
|
Total Non-current Liabilities (3) |
|
52.311 |
29.769 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
0.000 |
0.000 |
|
(b) Trade payables |
|
35.141 |
25.874 |
|
(c) Other current
liabilities |
|
0.000 |
0.000 |
|
(d) Short-term provisions |
|
7.593 |
10.148 |
|
Total Current Liabilities (4) |
|
42.734 |
36.022 |
|
|
|
|
|
|
TOTAL |
|
122.675 |
85.755 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
19.899 |
8.615 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
|
13.872 |
22.973 |
|
(e) Other Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current Assets |
|
33.771 |
31.588 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
23.484 |
11.436 |
|
(c) Trade receivables |
|
54.743 |
36.442 |
|
(d) Cash and cash
equivalents |
|
0.290 |
0.328 |
|
(e) Short-term loans and
advances |
|
8.768 |
4.167 |
|
(f) Other current assets |
|
1.619 |
1.794 |
|
Total Current Assets |
|
88.904 |
54.167 |
|
|
|
|
|
|
TOTAL |
|
122.675 |
85.755 |
|
SOURCES OF FUNDS |
|
|
31.03.2010 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
0.950 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
11.935 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
12.885 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
13.779 |
|
|
2] Unsecured Loans |
|
|
2.737 |
|
|
TOTAL BORROWING |
|
|
16.516 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
29.401 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
10.089 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
10.424 |
|
|
Sundry Debtors |
|
|
26.400 |
|
|
Cash & Bank Balances |
|
|
1.032 |
|
|
Other Current Assets |
|
|
0.920 |
|
|
Loans & Advances |
|
|
7.478 |
|
Total
Current Assets |
|
|
46.254 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
18.866 |
|
|
Other Current Liabilities |
|
|
2.074 |
|
|
Provisions |
|
|
6.002 |
|
Total
Current Liabilities |
|
|
26.942 |
|
|
Net Current Assets |
|
|
19.312 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
29.401 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
167.278 |
143.842 |
|
|
|
Other Income |
|
2.460 |
2.388 |
|
|
|
TOTAL |
|
169.738 |
146.230 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
COGS |
|
92.474 |
80.616 |
|
|
|
Custom Duty |
|
0.442 |
6.441 |
|
|
|
Freight Charges |
|
8.221 |
6.840 |
|
|
|
Consumption of Stores & Machinery |
|
1.306 |
1.715 |
|
|
|
Power & Fuels |
|
1.304 |
1.015 |
|
|
|
Rent |
|
1.812 |
1.482 |
|
|
|
Repair & Maintenance |
|
1.119 |
0.700 |
|
|
|
Salary & Wages |
|
16.019 |
12.410 |
|
|
|
Employee Benefit Expenses |
|
0.350 |
0.343 |
|
|
|
Bonus |
|
0.033 |
1.681 |
|
|
|
Insurance |
|
0.200 |
0.123 |
|
|
|
Staff welfare expenses |
|
0.981 |
0.603 |
|
|
|
Entertainment Expenses |
|
0.086 |
0.000 |
|
|
|
Conference Training Expenses |
|
0.730 |
0.322 |
|
|
|
Sales Promotion Expenses |
|
3.799 |
2.654 |
|
|
|
Advertisement Expenses ' |
|
0.102 |
0.058 |
|
|
|
Commission |
|
3.179 |
1.176 |
|
|
|
Hotel & Lodging Expenses |
|
5.254 |
2.746 |
|
|
|
Travelling Expenses |
|
3.535 |
3.374 |
|
|
|
Conveyance Expenses |
|
0.530 |
0.050 |
|
|
|
Telephone Expenses |
|
1.281 |
0.869 |
|
|
|
Rents & Taxes |
|
0.288 |
0.620 |
|
|
|
Other Taxes |
|
0.401 |
0.246 |
|
|
|
Interest |
|
8.228 |
3.791 |
|
|
|
Bad debts |
|
0.000 |
1.570 |
|
|
|
Audit Expenses |
|
0.319 |
0.200 |
|
|
|
Other Expenses |
|
3.752 |
2.450 |
|
|
|
TOTAL |
|
155.745 |
134.095 |
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
13.993 |
12.135 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
2.379 |
1.704 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
|
11.614 |
10.431 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
3.948 |
3.547 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
|
7.666 |
6.884 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
|
81.00 |
72.00 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2010 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
|
|
115.844 |
|
|
|
Other Revenue |
|
|
0.550 |
|
|
|
Other Income |
|
|
0.556 |
|
|
|
TOTAL (A) |
|
|
116.950 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods sold |
|
|
70.843 |
|
|
|
Direct expenses |
|
|
3.333 |
|
|
|
Operating, Administrative and Other Expenses |
|
|
29.270 |
|
|
|
TOTAL (B) |
|
|
103.446 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION
AND AMORTISATION (A-B) (C) |
|
|
13.504 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
|
2.306 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
|
11.198 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
|
1.865 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
|
|
9.333 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
|
|
2.884 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
|
|
6.449 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
|
|
5.486 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
|
|
11.935 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
|
|
67.88 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2012 |
31.03.2011 |
31.03.2010 |
|
PAT / Total Income |
(%) |
7.98
|
4.52 |
4.71 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
8.06
|
6.94 |
7.25 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
9.47
|
12.16 |
16.56 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.42
|
0.52 |
0.72 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
1.80
|
1.43 |
1.28 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.08
|
1.50 |
1.72 |
FINANCIAL ANALYSIS
[All figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
|
31.03.2011 |
31.03.2012 |
|
|
|
(INR in Mlns.) |
(INR in Mlns.) |
|
Share Capital |
|
0.950 |
0.950 |
|
Reserves & Surplus |
|
19.014 |
26.680 |
|
Net worth |
|
19.964 |
27.630 |
|
|
|
|
|
|
long-term borrowings |
|
28.513 |
49.820 |
|
Short term borrowings |
|
0.000 |
0.000 |
|
Total borrowings |
|
28.513 |
49.820 |
|
Debt/Equity ratio |
|
1.428 |
1.803 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2010 |
31.03.2011 |
31.03.2012 |
|
|
(INR in Mlns) |
(INR in Mlns) |
(INR in Mlns) |
|
Sales |
115.844 |
143.842 |
167.278 |
|
|
|
24.169 |
16.293 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2010 |
31.03.2011 |
31.03.2012 |
|
|
(INR in Mlns) |
(INR in Mlns) |
(INR in Mlns) |
|
Sales |
115.844 |
143.842 |
167.278 |
|
Profit |
6.449 |
6.884 |
7.666 |
|
|
5.57% |
4.79% |
4.58% |
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 |
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 |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director,
if available |
No |
|
34] |
External Agency Rating, if available |
No |
UNSECURED LOANS
|
PARTICULAR |
31.03.2012 |
31.03.2011 |
|
|
(Rs. in Millions) |
|
|
LONG TERM
BORROWINGS |
|
|
|
Corporate Diagnostic |
0.050 |
0.000 |
|
POCT Services |
0.100 |
0.000 |
|
Bhakti Distributor |
0.050 |
0.000 |
|
Excel Bioscience |
0.050 |
0.000 |
|
Lalita Bioscience |
0.025 |
0.000 |
|
SS Diagnostic |
0.050 |
0.000 |
|
Meena Thapar |
0.500 |
0.500 |
|
Advance from customers |
5.045 |
0.050 |
|
Loans from directors |
0.000 |
0.942 |
|
Bajaj Auto |
0.000 |
0.472 |
|
|
|
|
|
Total |
5.870 |
1.964 |
FINANCIAL PERFORMANCE
The company has been able to increase its turnover and profit during the current financial year.
FUTURE OUTLOOK
The directors of the company are positive about the future growth, prospects of the company, costant and consistent efforts are being made to add new customer/ clientele to ensure growth and profitability.
INDEX OF CHARGES:
|
S. No. |
Charge ID |
Date of Charge
Creation/ Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10322780 |
26/03/2012 * |
42,000,000.00 |
CITIBANK N. A. |
TRENT HOUSE, 2ND
FLOOR, G BLOCK, PLOT NO.C60, BAN |
B38681979 |
FIXED ASSETS:
· Attendance Timer Machine
· Air-conditioner
· Office-313
· Furniture and Fixtures (ID)
· Computers
· Microwave
· Computer Software
· Medical Equipment
· Fax Machines
· Projector
· Inverter
· Mobile Handsets
· Deep Freezer
· Refrigerator
· Paper Shreder Machine
· Cold Room
· Delhi Cold Room
· Motor Car
· Printer
· BMW Car
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.58.48 |
|
|
1 |
Rs.98.67 |
|
Euro |
1 |
Rs.79.81 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
|
47 |
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.