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Report Date : |
20.11.2014 |
IDENTIFICATION DETAILS
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Name : |
ADINATH TEX CHEM LIMITED |
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Registered
Office : |
104, Jalaram Terrace Near Kadiwala School Ring Road, Surat-395002, |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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Date of
Incorporation : |
19.10.2000 |
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Com. Reg. No.: |
04-38817 |
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Capital Investment
/ Paid-up Capital : |
Rs.2.925 Millions |
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CIN No.: [Company Identification
No.] |
U24110GJ2000PLC038817 |
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IEC No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
SRTA00244G |
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PAN No.: [Permanent Account No.] |
Not Divulged |
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Legal Form : |
A Closely held public limited liability company. |
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Line of Business
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Manufacturer and Supplier of Dyes, Textiles Chemicals and Industrial
Fabrics. |
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No. of Employees
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65 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba (45) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
USD 35000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having a satisfactory track record. There seems some dip in the profit of the company during 2013 however
net worth of the company is satisfactory. General financial position of the
company is normal and acceptable for business dealings. Trade relations are reported as fair. Business is active. Payments are
reported to be usually correct. The company can be considered normal 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 – June 1, 2014
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
INDIAN ECONOMIC OVERVIEW
N E W S
Verdict Implications
: Apex court order may alter coal import dynamics. Traders go slow on talks
over coal supply contracts, uncertainty over cancellation of blocks weigh on
stocks.
Recent arrest of the
Chennai head of the Registrar of Companies, the ministry of corporate affairs
arm that ensures that companies file all the information required by the
Companies Act is the latest manifestation of a messy fight between a father and
his adopted son for the control of Rs 40000 mn business empire. The Central
Bureau of Investigation arrested Manumeethi Cholan after he accepted Rs 10
lakhs as bribe from M A M Ramaswamy, a CBI official said.
Central Bureau of
Investigation books Electrotherm for cheating Central Bank of Rs 4360 mn.
Infosys maintains revenue
guidance. COO Rao says attrition still an area of concern and it would take a
few more quarters to bring down levels to 13-15 %.
DHL to invest
Euro 100 mn in India over next 2 years. The firm has chosen India to pilot its
e-commerce business model for the Asia-Pacific region.
Blackstone may buy
stake in BlueRidge SEZ in line with the fund’s real estate strategy in India.
Kingfisher Airlines
Ltd grounded in October 2012 under the weight of heavy debt and accumulated
losses, recently approached the Delhi high court for relief in two separate
cases. The airline challenged a notice by Punjab & National Bank alleging
that It had wilfully defaulted on Rs 7700 mn of loans and sought more time to
comply with the requirements under the listing agreements with the Stock
Exchanges.
OnMobile likely to
sack another 300 employees. The lay-offs follow a spate of senior-level exits
over the past two years, starting with of its founder. The overall lay-offs
could number around 600 and are driven by the need to cut costs, says a former
employee.
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
31-03-2014.
INFORMATION PARTED BY (GENERAL DETAILS)
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Name : |
Mr. Sunil Jaiswal |
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Designation : |
Marketing Head |
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Contact No.: |
91-261-3131053 |
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Date : |
15.11.2014 |
LOCATIONS
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Registered Office : |
104, Jalaram Terrace Near Kadiwala School Ring Road, Surat-395002, |
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Tel. No.: |
91-261-2470473 |
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Mobile No.: |
91-9377331489 (Mr. Navin Jain) |
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Fax No.: |
91-261-2473711 |
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E-Mail : |
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Website : |
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Area : |
3000sq.ft. |
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Location : |
Owned and Commercial |
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Factory / Branch Office : |
247/29-30, GIDC, Pandesara, Surat-394221, |
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Tel. No.: |
91-261-2890593/ 289325/ 2470473/ 2470580 |
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Fax No.: |
91-261-2473711/ 2891080 |
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E-Mail : |
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Area : |
1300sq.mtr. |
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Location : |
Owned |
DIRECTORS
AS ON 30.09.2013
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Name : |
Mr. Gyanendra Rajendra Jain |
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Designation : |
Director |
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Address : |
104, Jalaram Terrace Near Kadiwala School Ring Road, Surat-395002, |
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Date of Birth/Age : |
05.09.1968 |
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Qualification : |
Graduate |
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Date of Appointment : |
19.10.2000 |
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DIN No.: |
01036498 |
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