MIRA INFORM REPORT
|
Report Date : |
30.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
SREEANJALI TOUNSHIPS PRIVATE LIMITED [w.e.f.17.11.2011] |
|
|
|
|
Formerly Known
As : |
SREEANJALI TOWNSHIPS PRIVATE LIMITED [w.e.f.17.01.2005] SRIANJALI TOWNSHIPS PRIVATE LIMITED [w.e.f.17.01.2003] ANJALI TOWNSHIPS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
GMC No. 14, Old No. 4-5-8/11, 1st Lane, Navabharat Nagar,
Ring Road, Guntur – 522007, Andhra Pradesh |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 [Provisional] |
|
|
|
|
Date of
Incorporation : |
09.03.1998 |
|
|
|
|
Com. Reg. No.: |
01-029026 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 10.700 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U70100AP1998PTC029026 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
HYDS05764D |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAHCS0364B |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Real Estate Developers |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
B (33) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Small Business |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a small company in its field. Its scale of activities are
limited. Trade relations are fair. Business is active. Payment terms are
reported as slow but correct. In view of gradual improvement in business profile, the company can be
considered for small 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
|
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 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 willfully 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
|
Name : |
Mr. Gopalakrishna Narisety |
|
Designation : |
Managing director |
|
Contact No.: |
91-9160654456 |
|
Date : |
28.10.2014 |
LOCATIONS
|
Registered Office : |
GMC No. 14, Old No. 4-5-8/11, 1st Lane, Navabharat Nagar, Ring
Road, Guntur – 522007, Andhra Pradesh, India |
|
Tel. No.: |
91-863-2234337 |
|
Mobile No.: |
91-9160654456 [Mr. Gopalakrishna Narisety] |
|
Fax No.: |
91-863-2219221 |
|
E-Mail : |
|
|
Location : |
Owned |
|
|
|
|
Branch Office 1 : |
1st Floor, Laxmi Arcade, Dwarka Nagar, Near Sankara Matam,
Visakhapatnam, Andhra Pradesh, India |
|
Tel. No.: |
91-891-2572233 |
|
E-Mail : |
|
|
Area : |
1800 Sq. ft. |
|
Location : |
Rented |
|
|
|
|
Branch Office 2 : |
2nd Floor, Flat No. 201, Sai Balaji Towers, Erramanzil
Colony, Hyderabad – 500082, Andhra Pradesh, India |
|
Tel. No.: |
91-40-23308233 |
|
E-Mail : |
|
|
Area : |
1766 Sq. ft. |
|
Location : |
Rented |
DIRECTORS
AS ON 27.09.2013
|
Name : |
Mr. Gopalkrishna Narisety |
|
Designation : |
Managing director |
|
Address : |
GMC No. 14, 1st Lane, Navabharath Nagar, Ring Road, Guntur –
522006, Andhra Pradesh, India |
|
Date of Birth/Age : |
27.09.1966 |
|
Qualification : |
CA |
|
Experience : |
20 Years |
|
Date of Appointment : |
22.02.1999 |
|
PAN No.: |
ACTPN0639H |
|
DIN No.: |
00881184 |
|
|
|
|
Name : |
Mrs. Anjali Gorantla |
|
Designation : |
Director |
|
Address : |
GMC No. 14, 1st Lane, Navabharath Nagar, Ring Road, Guntur
– 522006, Andhra Pradesh, India |
|
Date of Birth/Age : |
10.04.1965 |
|
Qualification : |
BA |
|
Experience : |
20 Years |
|
Date of Appointment : |
09.03.1998 |
|
PAN No.: |
ADRPG8011B |
|
DIN No.: |
00625918 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 31.03.2014
|
Names of Shareholders |
|
No. of Shares |
|
G. Anjali |
|
327500 |
|
N. Gopalkrishna |
|
317500 |
|
G. Rajvardhan |
|
40000 |
|
Chennupati Basavaiah |
|
40000 |
|
Inturi Srinivasa Rao |
|
40000 |
|
Narra Srinivasa Rao |
|
20000 |
|
Narra Ravindra Babu |
|
20000 |
|
Katta Nageswara Rao |
|
35000 |
|
Gottipati Mallikharjuna Rao |
|
35000 |
|
Gottipati Hanumantha Rao |
|
35000 |
|
Popuri Anjaneyulu |
|
35000 |
|
Popuri Hanumantharao |
|
35000 |
|
Narra Achaiah |
|
35000 |
|
Inturi Hanumantharao |
|
35000 |
|
Narra Hari Babu |
|
20000 |
|
|
|
|
|
Total |
|
1070000 |
AS ON 27.09.2013
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Directors
or relatives of directors |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Real Estate Developers |
|
|
|
|
Brand Names : |
“SREEANJALI” |
GENERAL INFORMATION
|
Customers : |
End Users |
||||||||||
|
|
|
||||||||||
|
No. of Employees : |
Not Divulged |
||||||||||
|
|
|
||||||||||
|
Bankers : |
· IDBI Bank Limited Main Road, Chandhra Mouli Nagar, Guntur, Andhra Pradesh, India · State Bank of India Arundelpet (Guntur), 4th Lane, 4th Cross Road,
Arundelpet, Guntur, Andhra Pradesh, India |
||||||||||
|
|
|
||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
B.V. Rao Associates Chartered Accountants |
|
Address : |
D. No. 6-20-18/1, Arundelpet, Guntur – 522002, Andhra Pradesh,
India |
|
Tel. No.: |
91-863-2253593 |
|
E-Mail : |
|
|
Income-tax
PAN of auditor or auditor's firm : |
ACYPG3809R |
CAPITAL STRUCTURE
AS ON 31.03.2014
[PROVISIONAL]
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2,000,000 |
Equity Shares |
Rs. 10/- each |
Rs. 20.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1,070,000 |
Equity Shares |
Rs. 10/- each |
Rs. 10.700 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2014 [Provisional] |
31.03.2013 |
31.03.2012 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
10.700 |
10.000 |
9.100 |
|
(b) Reserves & Surplus |
3.279 |
2.198 |
1.523 |
|
(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) |
13.979 |
12.198 |
10.623 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.675 |
0.774 |
0.808 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
0.675 |
0.774 |
0.808 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b)
Trade payables |
2.820 |
2.820 |
2.860 |
|
(c)
Other current liabilities |
51.765 |
79.105 |
68.640 |
|
(d)
Short-term provisions |
7.218 |
1.624 |
2.001 |
|
Total
Current Liabilities (4) |
61.803 |
83.549 |
73.501 |
|
|
|
|
|
|
TOTAL |
76.457 |
96.521 |
84.932 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
1.276 |
1.145 |
1.434 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
0.149 |
0.149 |
0.149 |
|
(d) Long-term Loan
and Advances |
0.000 |
0.000 |
0.000 |
|
(e)
Other Non-current assets |
12.286 |
11.714 |
11.436 |
|
Total
Non-Current Assets |
13.711 |
13.008 |
13.019 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
52.170 |
57.073 |
64.833 |
|
(c)
Trade receivables |
0.022 |
0.022 |
1.035 |
|
(d)
Cash and cash equivalents |
4.134 |
19.452 |
0.058 |
|
(e)
Short-term loans and advances |
6.420 |
6.966 |
5.987 |
|
(f)
Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
62.746 |
83.513 |
71.913 |
|
|
|
|
|
|
TOTAL |
76.457 |
96.521 |
84.932 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 [Provisional] |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
34.668 |
33.273 |
12.535 |
|
|
|
Other Income |
2.336 |
1.340 |
0.054 |
|
|
|
TOTAL (A) |
37.004 |
34.613 |
12.589 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Land sold |
21.490 |
21.007 |
3.857 |
|
|
|
Employees benefits expenses |
2.377 |
2.376 |
1.634 |
|
|
|
Administrative Expenses |
11.000 |
9.543 |
5.548 |
|
|
|
TOTAL (B) |
34.867 |
32.926 |
11.039 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
2.137 |
1.687 |
1.550 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.083 |
0.087 |
0.101 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
2.054 |
1.600 |
1.449 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
0.324 |
0.313 |
0.297 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
1.730 |
1.287 |
1.152 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.649 |
0.612 |
0.420 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
1.081 |
0.675 |
0.732 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
0.99 |
1.48 |
1.24 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 [Provisional] |
31.03.2013 |
31.03.2012 |
|
PAT / Total Income |
(%) |
2.92 |
1.95 |
5.81 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
4.99 |
3.87 |
9.19 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.27 |
1.34 |
1.36 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.12 |
0.11 |
0.11 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.05 |
0.06 |
0.08 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.02 |
1.00 |
0.98 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particulars |
31.03.2012 |
31.03.2013 |
31.03.2014
[Provisional] |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
9.100 |
10.000 |
10.700 |
|
Reserves & Surplus |
1.523 |
2.198 |
3.279 |
|
Net
worth |
10.623 |
12.198 |
13.979 |
|
|
|
|
|
|
Long-term borrowings |
0.808 |
0.774 |
0.675 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
0.808 |
0.774 |
0.675 |
|
Debt/Equity ratio |
0.076 |
0.063 |
0.048 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014
[Provisional] |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
12.535 |
33.273 |
34.668 |
|
|
|
165.441 |
4.193 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014
[Provisional] |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
12.535 |
33.273 |
34.668 |
|
Profit |
0.732 |
0.675 |
1.081 |
|
|
5.84% |
2.03% |
3.12% |
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 |
Yes |
|
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 |
Yes |
|
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 |
No |
|
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 |
No |
|
34] |
External Agency Rating,
if available |
No |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF TOTAL
INCOME
SREEANJALI TOUNSHIPS
PRIVATE LIMITED
(RS. IN MILLIONS)
|
PARTICULARS |
31.03.2013 |
||
|
|
|
|
|
|
Net Profit as
per Profit and Loss Account |
|
|
1.287 |
|
Add: |
|
|
|
|
1)
Depreciation under Companies Act |
|
0.313 |
|
|
2)
EPF |
|
0.056 |
|
|
3)
Interest on FBT |
|
0.000 |
|
|
4)
Fringe benefit Tax |
|
0.000 |
|
|
5)
Donations |
|
0.000 |
|
|
6)
Income Tax |
|
0.401 |
|
|
7)
Deferred Tax Expenses |
|
0.001 |
0.771 |
|
|
|
|
|
|
Total |
|
|
2.058 |
|
|
|
|
|
|
Less: Deferred Tax Income |
|
0.000 |
0.000 |
|
|
|
|
|
|
Business Profit / Loss |
|
|
2.058 |
|
|
|
|
|
|
Less: Depreciation as per Income Tax Rules |
|
|
0.311 |
|
|
|
|
|
|
Net Business Profit / Loss |
|
|
1.747 |
|
|
|
|
|
|
Carried forward Loss as per Income Tax Rules |
|
|
0.000 |
|
|
|
|
|
|
Income Tax thereon |
|
|
1.747 |
|
|
|
|
|
|
Tax on 30% and of Taxable Income |
|
0.524 |
|
|
|
|
|
|
|
Add: Education Cess @ 3% on Rs. 0.524 Million |
|
0.016 |
|
|
|
|
|
|
|
|
|
0.540 |
|
|
|
|
|
|
|
Add: Interest |
|
|
|
|
u/s 234 A |
0.005 |
|
|
|
u/s 234 B |
0.038 |
|
|
|
u/s 234 C |
0.027 |
0.070 |
|
|
|
|
|
|
|
Tax Payable |
|
0.610 |
|
|
|
|
|
|
|
Less: Tax paid Challan No. 01085 SBI / Dated 02.10.2013 |
|
0.612 |
|
|
|
|
|
|
|
Tax Refundable |
|
0.002 |
|
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. GOPALKRISHNA NARISETY
(RS. IN MILLIONS)
BANK
DETAILS
|
SR. NO. |
BANK NAME |
BRANCH |
A/C TYPE |
A/C NUMBER |
OPENING DATE |
BALANCE AMOUNT |
|
|
|
|
|
|
|
|
|
1 |
IDBI Bank Limited |
Guntur |
Saving |
044710400006 |
19.10.2011 |
Rs. 0.367 Million 13.09.2014 |
IMMOVABLE
PROPERTIES
|
SR. NO. |
TYPE OF PROPERTY |
ADDRESS |
VALUE AS ON 09.04.2014 |
|
|
|
|
|
|
1 |
Land [418 Sq. Yards] |
Patelguda, Ibrahimpatnam [MDL], R.R. District |
2.508 |
|
|
|
|
|
|
|
TOTAL |
|
2.508 |
MOVABLE
PROPERTIES
|
SR. NO. |
TYPE OF PROPERTY |
VALUE AS ON
09.04.2014 |
REMARKS |
|
|
|
|
|
|
1 |
Bank Balance |
0.326 |
09.04.2014 |
|
|
|
|
|
|
2 |
LIC Policies |
0.285 |
Term Policies |
|
|
|
|
|
|
3 |
Jewellery |
0.500 |
Gold Ornaments |
|
|
|
|
|
|
|
TOTAL |
1.111 |
|
|
NETWORTH AS ON 09.04.2014 |
RS. 3.619 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MRS. ANJALI GORANTLA
(RS. IN MILLIONS)
BANK
DETAILS
|
SR. NO. |
BANK NAME |
BRANCH |
A/C TYPE |
A/C NUMBER |
OPENING DATE |
BALANCE AMOUNT |
|
|
|
|
|
|
|
|
|
1 |
IDBI Bank Limited |
Guntur |
Saving |
044710400006 |
18.10.2011 |
Rs. 0.341 Million 13.09.2014 |
IMMOVABLE
PROPERTIES
|
SR. NO. |
TYPE OF PROPERTY |
ADDRESS |
VALUE AS ON 09.04.2014 |
|
|
|
|
|
|
1 |
Land [13 Acres] |
Suravarapupalli, Chilakaluripet, Prakasham District |
32.500 |
|
|
|
|
|
|
|
TOTAL |
|
32.500 |
MOVABLE
PROPERTIES
|
SR. NO. |
TYPE OF PROPERTY |
VALUE AS ON
09.04.2014 |
REMARKS |
|
|
|
|
|
|
1 |
Bank Balance |
0.252 |
09.04.2014 |
|
|
|
|
|
|
2 |
LIC Policies |
1.000 |
Term Policies |
|
|
|
|
|
|
3 |
Jewellery |
2.500 |
Gold Ornaments |
|
|
|
|
|
|
|
TOTAL |
3.752 |
|
LOAN
AVAILED
|
SR. NO. |
TYPE OF LOAN |
NAME OF INSTITUTION |
OUTSTANDING LOAN AMOUNT |
BALANCE TERM |
SECURITY |
|
|
|
|
|
|
|
|
1 |
Car Loan |
SBI, GNT |
0.621 |
51 Months |
Vehicle |
|
|
|
|
|
|
|
|
|
TOTAL |
|
0.621 |
|
|
|
NETWORTH AS ON 09.04.2014 |
RS. 36.252 MILLIONS |
------------------------------------------------------------------------------------------------------------------------------
INDEX OF CHARGES: NO
CHARGES EXIST FOR COMPANY
FIXED ASSETS:
· Furniture and Fixture
· Computers
· Electrical Fittings
· Telephone Equipment
· Water Cooler
· Tools and Machinery
· CTV and Cameras
· Air Conditioners
· Vehicles
------------------------------------------------------------------------------------------------------------------------------
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. 61.32 |
|
|
1 |
Rs. 99.00 |
|
Euro |
1 |
Rs. 78.14 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
BVA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
|
DEFAULTERS |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
33 |
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.