MIRA INFORM REPORT

 

 

Report Date :

28.11.2014

 

IDENTIFICATION DETAILS

 

Name :

BIDASS INDUSTRIAL SERVICES ASSOCIATION

 

 

Registered Office :

D – 87, Developed Plots Estate, Thuvakudi,  Trichy – 620015, Tamilnadu

 

 

Country :

India

 

 

Year of Establishment :

1984

 

 

Capital Investment / Paid-up Capital :

Not Divulged

 

 

IEC No.:

Not Divulged

 

 

TIN No.:

Not Divulged

 

 

PAN No.:

[Permanent Account No.]

Not Divulged

 

 

Legal Form :

Non-Profit Organization

 

 

Line of Business :

Trader and Supplier of Fabrication Works.

 

 

No. of Employees :

Information denied by management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (30)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established non-profit organization concern having moderate track.

 

Ms. Chitra, Assistant Executive has provided general information and denied to disclose financial information to us.

  

However, trade relations are fair. Business is active. Payment terms are reported to be unknown.

 

The concern can be considered for business dealings 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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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

 

N E W S

 

Verdict Implications: Apex court order may alter coal import dynamics. Traders go slowly 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)

 

Name :

Ms. Chitra

Designation :

Assistant Executive 

Contact No.:

91-9842450403

Date :

28.11.2014

 

 

LOCATIONS

 

Registered Office / Works :

D – 87, Developed Plots Estate, Thuvakudi,  Trichy – 620015, Tamilnadu, India

Tel. No.:

91-432-2500161 / 2500471

Mobile No.:

91-9842450403 (Ms. Chitra)

Fax No.:

91-431-2500471

E-Mail :

bidasstrichy@sify.com

bidassthiruchi@gmail.com

Website :

http://bidass.in/contact.html

 

 

Depot – I :

D.P – 4, SIDCO Industrial Estate, Mathur, Pudukkottai – 622515, Tamilnadu, India

Tel. No.:

91-4339-250404

 

 

Depot – II :

356/2 (Part) SIDCO Industrial Estate, Adjacent Land to OHT, Thiruverumbur,
Trichy – 620014, Tamilnadu, India

Tel. No.:

91-432-2550098

 

 

Depot – III :

TINY Shed No. 1 and 2, SF No.263/1B, Ariyamangalam, Trichy – 620010, Tamilnadu, India

Tel. No.:

91-432-2444855

 

 

BOARD OF DIRECTORS

 

Name :

Mr. V. Sivamani

Designation :

President

 

 

Name :

Mr. R. Mayilan

Designation :

Vice-President

 

 

Name :

Mr. S. Ilango

Designation :

Director

 

 

Name :

Mr. V. Kannan

Designation :

Director

 

 

Name :

Mr. A.T. Nagasundar

Designation :

Director

 

 

Name :

Mr. S. Ramalingam

Designation :

Director

 

 

Name :

Mr. S. Sampath Kumar

Designation :

Director

 

 

Name :

Mr. T. Thiru Murugan

Designation :

Director

 

 

Name :

Mr. S. Dhanabalan

Designation :

Director

 

 

KEY EXECUTIVES

 

Name :

Ms. Chitra

Designation :

Assistant Executive 

 

 

Name :

Mr.S.Sridharan

Designation :

Secretary

 

 

Name :

Mr. K.Pandithurai

Designation :

Joint Secretary

 

 

Name :

Mr. V.Mani

Designation :

Treasurer

 

 

BIDASS MEMBERS LIST DETAILS

 

M/s. AANBAR INDUSTRIES

M/s.NACHIAR INDL.MAKES

M/s. VENGATA ENGINEERING

M/s.AASIL ENGG. INDS.

M/s.NOBEL ENTERPRISES

M/s. VEGA ASSOCIATES

M/s.AATHI INDUSTRIES

M/s.NATIONAL ENGG. WORKS

M/s. VANGUARD INDUSTRIES

M/s.ACOUSTICS INDIA PRIVATE LIMITED

M/s.NV ENTERPRISES

M/S. VETRIVEL ENGG E'PRISES

M/s. A.R.R.ENGG., INDIA PRIVATE LIMITED

M/s. ORBIT

M/s. VIGNESH ENTERPRISES

M/s.AJANTHA FABRICATION WORKS.

M/s. ORIENT ENGG WORKS

M/s. VIKRAM ENGG INDUSTRY

M/s.AJANTHA FABRICATION Works UNIT II

M/s.ORION

M/s. WIN FAB ENGINEERING WORKS

M/s.ALTEC FABRICATORS

M/s. OUSHED INDUSTRIES

M/s. ZEN FABS

M/s.AMARNATH ENGG. INDS.

M/s.P.R.ACOUSTICAL AND ENGG WORKS PRIVATE LIMITED

M/s. GLOBAL ENGINEERING

M/s.AMBIGAI ENGG. WORKS

M/s. PADMA MACHINE SHOP AND ALLIED INDS

M/s. MEGA ENGINEERING FAB

M/s.AMBIKA INDUSTRIES

M/s. PARAGON INDUSTRIES

M/s. RSR FABRICATORS

M/s. AMMAN ENGINEERING WORKS

M/s. PARAMOUNT FABS

M/s. SRK ENGINEERING WORKS UNIT II

M/s.ANAND ENGG. PRODUCT PVT. LTD

M/s. PARASAKTHI ENGG WORKS

M/s. VIMAL ENGG INDS

M/s.ANNAI VAILANKANNI FABRICATORS

M/s. PETAL ENGG INDS

M/s. XL ENGINEERING

M/s. ANNAI VAILANKANNI FABRICATORS UNIT II

M/s. PERFECT INTERNATIONAL FABRICATORS PRIVATE LIMITED

M/s. G.V. ENGINEERING INDUSTRIES

M/s.ANPAM ENGG.

M/s. PIONEER ENGG INDS

M/S. NR AIR PREHEATERS PRIVATE LIMITED

M/s.ANTONY INDUSTRIES

M/s. PIPELINES AND PROCESS EQUIPMENTS PRIVATE LIMITED

M/s. JEGANNATHAN ENGINEERING WORKS

M/s.APEX INDUSTRIES

M/s. POWER TECH ENGG INDS

M/s. NIRMAL ENTERPRISES

M/s.ARUL MARIAMMAN INDS PRIVATE LIMITED

M/s. PONNI ENGG INDS

M/s. METAL ENGINEERS UNIT IV

M/s.ARAMSONS INDUSTRIES

M/s. POONCHOLA FAB

M/s. SRI RENGA ENGG INDUSTRIES

M/s.ARUNN ENTERPRISES

M/s. PRECITECH MFG PRIVATE LIMITED

M/s. ASSAR INDUSTRIES

ARUNN STRUCTURALS

M/s. PREETHI ENGG E'PRISES

M/s. WELLDONE INDUSTRIES

M/s. A.S.B. INDUSTRIES

M/s. PREMIER INDUSTRIES

M/s. PARASURAM ENGG PIPING WORKS UNIT II

M/s.ASBA INDUSTRIES

M/s. PRIYAA BOILARS PRIVATE LIMITED

M/s. KUMAR INDUSTRIES

M/s.ASIAN STRUCTURALS

M/s. PUNITHA ENGG WORKS

M/s. FERROFAB (INDIA) PRIVATE LIMITED

M/s.ATS CHEM EQUIPMENTS PRIVATE LIMITED, UNIT II

M/s. POWER FAB INDUSTRIES

M/s. PRESSURE PARTS MANUFACTURER (TRICHY) PRIVATE LIMITED

M/s.BABY ENGG. PRIVATE LIMITED.

M/s. PUSHPAA ENGG WORKS

M/s. SKV INDUSTRIES

M/s.BHARAKATH ENGG. INDS.PRIVATE LIMITED

M/s. QUALITY ENGG

M/s. ASHWINI ENGINEERING INDUSTRIES

M/s.BEETEU ENTERPRISES

M/s. R.K. METAL INDUSTRIES

M/s. AADITTHYA ENGINEERING ENTERPRISES

M/s.BHARAKATH INDUSTRIES

M/s. R.M.H CORPORATION (W.S)

M/s. NIRMAL INDUSTRIES

M/s.BHARAKATH METAL BUILDERS

M/s. R.M.H. FABRICATIONS PRIVATE LIMITED

M/s. SREE VENKATESWARAA INDUSTRIES

M/s.BHARAT ENGG. E'PRISES

M/s. RAJA ENGG ENTERPRISES

M/s. VISVES INDUSTRIES

M/s.BHARATH BESTO FAB

M/s. RAJALAKSHMI ENGG

M/s. MAGNA FAB

M/s.BHUVANESHWARI INDS.

M/s. RAJNI FAB

M/s. PERFECT ENGG WORKS PRIVATE LIMITED

M/s. BVS METALLICS

M/s. RAMAN STRUCTURALS

M/s. SHREE NAGA FABRICATORS

M/s.CAUVERY ENGG. WORKS

M/s. RAMSUN FABITECS

M/s. PREETHI ENGINEERING ENTERPRISES UNIT II

M/s.CHELLA ENGG. WORKS

M/s. RANIPET SEKAR ENGG INDS PRIVATE LIMITED

M/s. RANCHANA FABRICATER

M/s. CONTURA WHEELS PRIVATE LIMITED.

M/s. RASAB ENGG WORKS

M/s. SRI ASHTALAKSHMI INDUSTRIES

M/s. CHELLAM FABRICATORS

M/s. RAVI STRUCTURALS

M/s. ENGINEERS ENGG E'PRISES

M/s. DAN TEK

M/S. REGIONAL ENGG E'PRISES

M/s. MANTEK GALVAANIZERS

M/s.DEE DEE ENGG. E'PRISES

M/s. REGIONAL ENGG WORKS

M/s. SHREE JAYADURGA INDUSTRIES

M/s.DEEPAK ENGG.PRIVATE LIMITED.

M/s. R.M.K ENGG INDUSTRY

M/s. GRAND ENGINEERING TECHNOLOGIES

M/s.U.K. INDUSTRIES

M/s. ROSHAN ENTERPRISES

M/s.GRASLM ENGINEERING INDUSTRIES

M/s.DEVI STRUCTURALS

M/s. ROYAL ENGG WORKS

M/s. S.G. FAB

M/s.DHANALAKSHMI ENGG. INDUSTRIES

M/s. R.V.ENTERPRISES

M/s. SRI YOGA BARATHI FAB

M/s.DJP INDUSTRIES

M/s. M.I ENGINEERING WORKS

M/s. VENTECH INDUSTRIES

M/s.DR ASSOCIATES

M/s. RENERGY EQUIPMENTS INDIA PRIVATE LIMITED

M/s. SAGAR ENGINEERING WORKS

M/s.EMCEE ENGG. WORKS

M/s. SREE BALAJI INDUSTRIES

M/s. GEERTHANA ENGINEERING WORKS

M/s.EMPEROR ENGG. WORKS

M/s. SIGMA POWER PRODUCTS

M/s. SHIRDI SAI INDUSTRIES

M/s.EMPEROR INDIA

M/s. S.M. ENGINEERING WORKS

M/s. NSP ENGINEERING WORKS

M/s.ESWARI FABITECS

M/s. S.NOOR & SONS

M/s. GOLDEN INDUSTRIES

M/s.EUROTEK ENGG. E'PRISES

M/s. SAI FAB

M/s. P.R. ACOUSTICS PRIVATE LIMITED

M/s.EASVARI INDUSTRIAL WORKS,

M/s. SAJAS ELECTRICALS

M/s. KREETH ENTERPRISES

M/s.FABWELL ENGG. & FABRICATORS

M/s. SALEM AUTOMECH

M/s. SRI VASAVI ENGINEERING

M/s.FIVE STAR INDUSTRIES

M/s. SALEM AUTOMECH INDIA PRIVATE LIMITED

M/s. SHANTHI INDUSTRIES

M/s. GAJARAJ & COMPANY

M/s. SANTHI ENGINEERING

M/s. ABIRAME ENTERPRISES

M/s.G.B. ENGG. E'PRISES (P)Ltd.

M/s. SANTHI ENGG INDUSTRIES

M/s. ACCURATE INDUSTRIES

M/s.GK FAB WORK

M/s. SEKAR ENGG INDS

M/s. A.S.T. INDUSTRIES

M/s. G.K. SONS ENGG.ENTERPRISESPRIVATE LIMITED

M/s. SENTHIL ENGG WORKS

M/s. SRI PARASAKTHI ENGINEERING WORKS

M/s.GANESH ENGG. WORKS

M/s. SENTHIL STRUCTURALS

M/s. JONES FAB

M/s.GAYATHRI MANUFACTURING CO.,

M/s. SHREERAM ENGG INDS

M/s. MEENA ENGINEERING

M/s.GELLILE INDUSTRIES

M/s. SRI POOMAYIL INDUSTRIES

M/s. WIRE AND WIRE PRODUCTS UNIT II

M/s.GURU ENGG. WORKS

M/s. SHRI NARMATHA FAB

M/s. FABRICHEM TRICHY PRIVATE LIMITED

M/s.HEAVY ENGG. CO.

M/s. SHRI RAMANA ENGG WORKS

M/s. DREAMZ INDUSTRY

M/s.HI - TECH CRANES

M/s. SRI VENKATESHWARA ENGG E'PRISES

M/s. KUMSHIV INDUSTRIES

M/s.IDEAL INDUSTRIES INCORPORATION

M/s. SILVAR FAB

M/s. BALAMURUGAN FABRICATORS

M/s.IDEAL INDUSTRY

M/s. SIVASAKTHI INDUSTRIES

M/s. ATLANTIC ENGINEERING WORKS

M/s.IND AUTO PRODUCTS

M/s. SOMIAH INDUSTRIES

M/s. JMJ ENGINEERING INDUSTRY

M/s.INDHRA ENGINEERING ENTERPRISES

M/s. SREE ANDAAL ENGG INDS

M/s. AL-TECH ENGINEERING WORKS

M/s.INDO FAB

M/s. SREE ATHREYA E'PRISES

M/s. INTELLE ENGINEERS

M/s. INDOFAN PRIVATE LTD.

M/s. SHREECHAKRA INDUSTRIES

M/s. GEMINI ENTERPRISES

M/s.JAI - RAJ INDUSTRIES

M/s. SREE JYOTHI E'PRISES

M/s. MANTEK METALLUARGICAL SERVICE

M/s.JAI -RAJ ENGG.INDUSTRIES

M/s. SREE KAMAKSHI INDS

M/s. RSK FABRICATORS

M/s.JANAANI'S MINERALS (P)Ltd

M/s. SREE RAJARAJESWARI ENTERPRISES

M/s. BABU ENGINEERING INDUSTRIES

M/s.JAY ENGG. INDUSTRIES

M/s. SREE SHANMUGHA INDS

M/s. SRI SAKTHI INDUSTRIES

M/s.JAYALAKSHMI ENGG.WORKS

M/s. SRI AKILANDESWARI ENGG WORKS

M/s. V.J. ENGINEERING

M/s.JAYARAM ENGG. WORKS

M/s. SRI ANNAKAMATCHI INDS

M/s. N. SENTHIL KUMARAN ENGINEERING & CONTRACTORS

M/s.JAYARAMESH FABRICATORS

M/s. SREE BALAJI INDUSTRIES

M/s. MATHANAGOPAL ENGINEERING

M/s.JAYSHRI ENTERPRISES

M/s. SRI BALAMURUGAN ENGG WORKS PRIVATE LIMITED

M/s. PARAGON BOILER VESSELS PRIVATE LIMITED

M/s.JOSEPH ENGG.

M/s. SRI DURGA STRUCTURALS

M/s. SREE BALAJI ENGINEERING WORKS

M/s. JYOTHI ENGG

M/s. SRI KANDAN INDUSTRIES

M/s. SREE JYOTHI ENTERPRISES UNIT - II

M/s. JMS ENGINEERING

M/s. SRI LAKSHMI INDUSTRIES

M/s. THIRAVIAM ENGINEERING PRIVATE LIMITED

M/s. J.M. INDUSTRIES

M/s. SRI LAKSHMI KANDHAN INDUSTRIES

M/s. NBS FAB TECH PRIVATE LIMITED

M/s. KANMANI ENGINEERING

M/s. SRI RAJESHWARI ENGG E'PRISES

M/s. S.R. ENGG E'PRISES

M/s.SUCCESS ENGINEERING INDUSTRIES

M/s. SRI RAJESHWARI ENGG INDS

M/s. ALBERT ENGG WORKS

M/s.K.P.M INDUSTRIES

M/S. SRI RAJESWARI INDS

M/s. GREENLAND ENGG INDS

M/s.K.R.MURTHE WELDING WORKS

M/S. SRI RANGA INDUSTRIES

M/s. DHANUJA STEEL INDUSTRY

M/s.KALIN ENGG. INDUSTRIES

M/s. SRI SASTHA ENGG WORKS

M/s. K.B. TECHNOLOGIES

M/s.KANNAPIRAN ENGG.E'PRISES

M/s.SRI SELVA VINAYAKA ENGG

M/s. PRASAD INDUSTRIES

M/s.KATTHIRMALAI ENGG. WORKS.

M/s. SRI SWAMI STRUCTURALS

M/s. SHRI KAMAKSHI ENGG INDUSTRIES

M/s.KAY ENGG.WORKS

M/s. SRI VELMURUGAN FABRICATORS

M/s. SMK AUTOMATICS WORKS

M/s.KBJ IDUSTRIES

M/s. SRI VIJAYALAKSHMI ENGG

M/s. JAYAA ENGINEERING

M/s.KING FAB

M/s. SRI VIVEK INDUSTRIES

M/s. SHRI SARAVANA INDS PRIVATE LIMITED

M/s.KRISHNA ENGG. CO. PRIVATE LIMITED

M/S. SRIEE MARIAMMAN STRUCTURALS

M/s. K.P.M FABRICATORS

M/s.KRISHNAA LAKSHMI E'PRISES

M/s. SRINIVASA ENGG CO

M/s. VCM FABTECH

M/s.KUMAR INDUSTRIES

M/s.VIJJAAY COY INDUSTRIES

M/s. SIGMA POWER & ENERGY ENGINEERS

M/s.KUMAR INDUSTRIES E & F

M/s. SRINIVASA INDUSTRIES

M/s. AMS INDUSTRIES

M/s.KUMARAN STRUCTURALS

M/S. SRIVAS BLAST TECH

M/s. KREETH ENTERPRISES UNIT 2

M/s.LAKSHMI ENGG. WORKS

M/s. SRK ENGG WORKS

M/s. PIPE HANGERS & SUPPORTS PRIVATE LIMITED

M/s.LAKSHMI INDL. WORKS

M/s. SRM ENTERPRISES

M/s. SARASWATHI ENGINEERING WORKS

M/s.LORD ENGG.

M/S. STEEL ART INDUSTRIES

M/s.TRIBO TECH ENGINEERING WORKS

M/s. LAX ENGINEERING

M/S. SUBRAMANIAN INDUSTRIES

M/s.UNIFAB ENGG INDUSTRIES

M/s.MACHINAID INDUSTRIES

M/S. SKILL MAN ENGINEERING

M/s. SHRI BHARANE INDUSTRIES

M/s.MAHALAKSHMI ENGG. ENTERPRISES

M/s.VETRHI ENGINEERSS

M/s. JAGATHESH INDUSTRIAL WORKS

M/s.MAHESWARA ENGG. INDS.

M/s. SUN ENGG

M/s. BHUVANESWARI INDS UNIT II

M/s.MANTEK ENGG.E'PRISES

M/s. SUPER ENGG CO

M/s. ANNAI VAILANGANNI ENGG INDUSTRIES

M/s.MARIA ENGG. E'PRISES

M/s. SUPER QUALITY INDS

M/s. AVENIR ENGINEERING INDIA LIMITED

M/s.MASTER FAB INDUSTRIES

M/s. SUPER SHAPERS

M/s. RIBO INDUSTRIES PVT LIMITED

M/s. MATRIX BOILERS PRIVATE LIMITED

M/s. SUNTEK ENGINEERS

M/s. MADURA STEEL INDUSTRIES (P) LIMITED

M/s. MAJESTIC INDUSTRIES

M/s. SRI VENKATACHALAM ENGINEERING WORKS PRIVATE LIMITED

M/s. WELDTEC INDUSTRIES

M/s.MECLIN FABRICATORS PRIVATE LIMITED

M/s. SUNBEAM STRUCTURALS PRIVATE LIMITED

M/s. NASTEC

M/s.MECHNOTEK INDUSTRIES

M/s. THE TAMILNADU CHERAN INDS

M/s. SHRIRAM ENGINEERING ENTERPRISES

M/s.MEENAKSHI ASSOCIATES

M/s. THIRUMALA EXPORTS

M/s. WELDTEK ENNGG ENTERPRISES

M/s.MEENAAKSHI ENGG.

M/s. THIRUMALAI ENGG INDS

M/s. METALCARE ENGINEERING SERVICES

M/s.MEENAKSHI INDUSTRIES

M/s. TIRUCHY FABRICATORS

M/s. ADILAKSHMI INDUSTRIES

M/s.METAL ENGINEERS

M/s. TANJORE INDUSTRIALS

M/s. LUCKY ENGINEERING

M/s.METAL WELD

M/s. TECHNO FAB MFG LTD

M/s. FIVE STAR ENGINEERING INDUSTRIES

M/s. MANI NAGAPPA MOTORS MADURAI PRIVATE LIMITED

M/s. TOOL FAB ENGG INDS PRIVATE LIMITED

M/s. FUGE FABTECH PRIVATE LTD

M/s. METTUUR STRUCTURALS

M/s. TRICHY ENGG WORKS

M/s. CJP INDUSTRIES

M/s.METCON ENTERPRISES

M/s. THANU PRABA CONSTRUCTIONS

M/s. THE AMMAN ENTERPRISE

M/s.MILLENTECH INDUSTRIES

M/s. UDAYAMALA FAB

M/s. AXON ENGINEERING

M/s.MPL ENGINEERING WORKS

M/s. UNIVERSAL ENGINEERING

M/s. CONTECH ENGINEERS PRIVATE LIMITED

M/s.MURUGAN ENGG. INDS.

M/s. UMA FABRICATORS

M/s. S KUMAR ENGINEERING INDUSTRIES

M/s.MUTHUKUMAR ENGG. WORKS.

M/S. UVARAJ INDUSTRIES

M/s. HITEK HEAVY EQUIPMENTS PRIVATE LIMITED

M/s.MUTHUMEENA E'PRISES

M/s. VASAN ENGG INDS PRIVATE LIMITED

M/s. MANGAY INDUSTRIES

M/s. MARUTI FABRICATORS,

M/s. VASUDHA ENGG WORKS

M/s. BALAJI ENGINEERING & FABRICATORS

M/s.NAGALAKSHMI ENGG. INDS.

M/s. VAIDHESWARAN INDS

M/s. AURORA SHAPERS

M/s.NAGALAKSHMI ENGG. INDS.

M/s. VEESONS ENERGY SYSTEMS PRIVATE LIMITED

M/s. TIRUCHIRAPPALLI ENGINEERING AND TECHNOLOGY CLUSTER

M/s.NAGAMALAI STRUCTURALS

M/s. VELMURUGAN HEAVY ENGG INDS PRIVATE LIMITED

M/s. SOORYACHAKRA FABRICATORS PVT. LTD

M/s. NAGI ENTERPRISES

M/s. VELMURUGAN INDUSTRIES

M/s. S.K ENGINEERING

M/s. AIRTECH ENGINEERS

M/s.ANSALDOCALDAIE-GB ENGINEERING PRIVATE LIMITED

M/s. MGB ENGINEERING WORKS

M/s. RMS ENTERPRISES

M/s.SHREE SHAKTHI ENGINEERING WORKS

M/s.GEMINI IRON AND STEEL PRIVATE LIMITED

M/s. VIJAY ENGINEERING

M/s.ROCKFORT METAL INDUSTRIES

 

 

 

BUSINESS DETAILS

 

Line of Business :

Trader and Supplier of Fabrication Works.

 

 

Products :

--

 

 

Brand Names :

--

 

 

Agencies Held :

--

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

GENERAL INFORMATION

 

Suppliers :

Not Divulged

 

 

Customers :

Not Divulged

 

 

No. of Employees :

Information denied by management

 

 

Bankers :

Not Divulged

 

 

Facilities :

--

 

 

 

Banking Relations :

--

 

 

Auditors :

Not Divulged

 

 

Memberships :

--

 

 

Sister Concerns :

Not Divulged

 

 

CAPITAL STRUCTURE

 

Capital Investment :

 

Owned :

Not Divulged

Borrowed :

--

Total :

Not Divulged

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

NOT DIVULGED

 

The above information has been denied by Ms. Chitra

 

Note : Sole Proprietary and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry.

 

 

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

No

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

No

12]

Profitability for last three years

No

13]

Reasons for variation <> 20%

--

14]

Estimation for coming financial year

No

15]

Capital in the business

No

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

No

24]

Banking facility details

No

25]

Conduct of the banking account

--

26]

Buyer visit details

--

27]

Financials, if provided

No

28]

Incorporation details, if applicable

No

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

31]

Date of Birth of Proprietor/Partner/Director, if available

No

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

 

 

WEBSITE DETAILS

 

Bidass is a service organization started in 1984 to serve the members. The main objective of Bidass is to supply/provide services to its members (Customers) of Bidass in getting consumables that are used for fabrication and machining at very competitive prices than that, bought from outside supplier by them directly, without any commitment failure.

 

Bidass is registered under Section 25 of the Companies Act, 1956. Bidass is represented /Controlled by the board of directors who look after the effective and efficient functioning of the organization.

 

On the verge of obtaining ISO certification, Bidass continuously strives to achieve and sustain all round excellence by working constantly for members’ satisfaction with its competitive working and its versatile in-house facilities enabling them to supply industrial consumables and Services to meet the members’ requirement, in order to cater their needs from time to time. The members of Bidass are the customers to Bidass.

 

 

OBJECTIVES OF THE SOCIETY:-

 

1.     To coordinate the activities of the BHEL Small Scale Industries and act as a Common forum for their benefits.

2.     To provide a common production centres for the members to provide jobs and help to reduce unemployment in the area.

3.     To educate and improve the members and their workers knowledge in the technology of engineering and Science.

4.     To provide a common facility of special equipments for the benefit of members.

5.     To distribute essential raw materials and consumables for the members.

6.     To help to promote the social cultural activities in the area.

7.     To arrange for import of technology form foreign sources for the benefit of members.

8.     To act as a liaison for the benefit of members between them and other government bodies and public enterprises.

 

BIDASS –AN INTRODUCTION OF ENGINEERING EXCELLENCE:

 

BIDASS is a group of engineering industries with a turnover of more than Rs.60.000 million per year. From inception, its expertise is in the manufacture of sophisticated heavy electrical power generation Boiler Components. Thanks to BHEL for disseminating their technical knowhow to all our member units.


BIDASS has in its fold, machineries, technology, manpower and expertise to handle any engineering turn-key project involving fabrication, machining and civil construction activities.

 

BIDASS has already stock of raw materials such as mild steel, alloy steel, stainless steel consumables, tools gauges etc., Other facilities such as trucks, trailers, erection material, testing facility such as Radiography magnetic particle inspection, Dye – penetration are also available.

 

BIDASS stands unique in the service of our nation by housing all the facilities, materials and service, that it can produce very COST EFFECTIVE and QUALITY products. The Board of and other members are themselves in the field if engineering manufacture for more than two decades.

 

BIDASS is already serving the chemical, petro-chemical refineries, cement industries, sugar industries, power generation, railway etc. BIDASS can also take projects on turn-key basis with Design, detail work-outs and execution of work. This will be again unique, because usually the execution is undertaking by a totally different group.

 

BIDASS has tie up with Regional Engineering College, School of Energy and school for Quality Management (Bharathidasan University) for tackling problems in the areas of mechanical, chemical and structural engineering and for providing solutions in the areas for providing solutions in the areas of energy conservation and pollution control.


BIDASS as a consortium has a common facility centre, technical library, design and drawing Office, Training Centre and Computer in its anvil and proceeds to go for more sophisticated testing facilities.


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

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 records 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.61.87

UK Pound

1

Rs.97.69

Euro

1

Rs.77.37

 

 

INFORMATION DETAILS

 

Information Gathered by :

DIP

 

 

Analysis Done by :

SUM

 

 

Report Prepared by :

VNT


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

4

PAID-UP CAPITAL

1~10

3

OPERATING SCALE

1~10

3

FINANCIAL CONDITION

 

0

--BUSINESS SCALE

1~10

3

--PROFITABILIRY

1~10

3

--LIQUIDITY

1~10

3

--LEVERAGE

1~10

4

--RESERVES

1~10

3

--CREDIT LINES

1~10

4

--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

 

30

 

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

-

 

 

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.