MIRA
INFORM REPORT
|
Report Date : |
04.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
ADVANCE TECHNICALS SYSTEMS PRIVATE LIMITED |
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Registered
Office : |
305, Pankaj Tower-III, Plot No. 6, L.S.C., (Near |
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Country : |
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Financials (as
on) : |
31.03.2014 |
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Date of
Incorporation : |
11.12.200 |
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Com. Reg. No.: |
55-108819 |
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Capital
Investment / Paid-up Capital : |
Rs. 0.100 Million |
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CIN No.: [Company Identification
No.] |
U74899DL2000PTC108819 |
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IEC No.: |
0501059440 |
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PAN No.: [Permanent Account No.] |
AADCA1166D |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Distributor of AC/DC Standards, Resistance, Capacitance and Inductance Bridges, Resistance, Capacitance and Inductance Standards, Air Baths, Calibration Baths and Climatic Chambers. |
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No. of Employees
: |
6 (Approximately) [In Office] |
RATING & COMMENTS
|
MIRA’s Rating : |
B (28) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small company |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is a small company in its field. Its scale of activities are
limited. The rating takes into consideration company’s modest net worth and
small scale of operations. However, trade relation are reported as fair. Business is active.
Payment terms are reported to be slow but correct. The company 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 |
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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
As per the latest IMF study, the total weigh of emerging markets in the GDP
of the world on a purchasing power parity basis has seen a sizeable shift. It
highlights how as against 51 % in 2005, the emerging economies now account for
close to 56 % of the global purchasing power GDP as per the latest survey. And
with the emerging economies growing at a faster rate than their developed
counterparts, there are every possibility that the their share goes up further
in the coming years. China may surpass the US over the next few years.
Politics and economics are very intricately connected. They tend to
influence each other in ways that could be very complex and far-reaching. The
prospects of the India’s economy have been seriously compromised due to
political corruption. High inflation, poor standard of living are to a great
extent a result of rampant corruption in the country. China on the other hand,
seems to be facing diametrically opposite challenge. American hedge fund
manager Jim Chanos has been keenly following the political and economic
development in the dragon economy and has figured out something that is quite
worrying. He is of the view that the Chinese economy could be heading toward
trouble on account of new Chinese President Xi Jingping’s very aggressive
anti-corruption drive. Chanos believes that many things such as apartment
sales, luxury products, etc. were largely bought with dirty money. And it is
now beginning to impact consumption. This may indeed be bad news for an economy
that is struggling to transition from an investment-driven export-oriented
economy to a domestic consumption-driven economy.
A study published by Firstpost has revealed that asset classes like real
estate and equities were the biggest beneficiaries of the liberalization
policies. A firm called Ciane Analytics studied returns from assets including
equities, gold, fixed deposits, G-Secs and real estate since 1991. Real estate
outperformed every other asset classes during the 23-year period with an
annualized return of 20 % ! Equities came in second with annualized return of
15.5 % ! However, while these returns may seem mouthwatering, the fact is that
the return from equities adjusted for inflation came down to just 7.1 %.
Some brief news are as under
. R-Power to buy Jaypee’s hydro assets
. Investors await justice in NSEL case
. India seeks MFN status from Pakistan ahead of meeting
. Ukrain’s clashes with rebels hinder MH17 crash investigation
. India exploring merger of state-owned hydro PSUs
..Higher costs weigh down profit growth to slowest in 9 quarters
..Wal-Mart to expand wholesale business in India
. GMR group moves to strengthen balance sheet
. Central Bank to sell 4 % stake to Life Insurance Corporation
. Tata Chemicals plans to raise up to Rs 10000 mn.
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 : |
Mahfooz Khan |
|
Designation : |
Manager |
|
Contact No.: |
91-9899828211 |
|
Date : |
03.09.2014 |
LOCATIONS
|
Registered Office : |
305, Pankaj Tower-III, Plot No. 6, L.S.C., (Near Ahlcon Public
School), Mayur Vihar – I, Delhi – 110091, India |
|
Tel. No. : |
91-11-22752919 |
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Mobile No. : |
91-9899828211 (Mahfooz Khan) |
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Fax No. : |
91-11-22752942 |
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E-Mail : |
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Website : |
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Area : |
300 Sq. ft. |
|
Location : |
Owned (Office Owned by the Director of the company) |
DIRECTORS
As on 28.09.2013
|
Name : |
Mr. Arun Kumar Jha |
|
Designation : |
Director |
|
Address : |
158, Pocket-A, Shivalik Appartments, Kalkaji, Delhi -
110070, India |
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Date of Birth/Age : |
12.01.1960 |
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Date of Appointment : |
20.12.2000 |
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DIN No. : |
00747941 |
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Name : |
Sushirsha Jha |
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Designation : |
Director |
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Address : |
158, Pocket-A, Shivalik Appartments, Kalkaji, Delhi - 110070, India |
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Date of Birth/Age : |
04.01.1970 |
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Date of Appointment : |
20.12.2000 |
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DIN No. : |
00750341 |
KEY EXECUTIVES
|
Name : |
Mahfooz Khan |
|
Designation : |
Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2014
|
Names of Shareholders |
No. of Shares |
Percentage of
Holding |
|
Arun Kumar Jha |
5000 |
50.00 |
|
Sushrisha Jha |
5000 |
50.00 |
|
Total |
10000 |
100.00 |
As on 28.09.2013
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage of Holding |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Distributor of AC/DC Standards, Resistance, Capacitance and Inductance Bridges, Resistance, Capacitance and Inductance Standards, Air Baths, Calibration Baths and Climatic Chambers. |
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Products : |
· AC/DC Standards –Guildline Instruments Limited, Canada Resistance, Capacitance and Inductance Bridges – Guildline
Instruments, Canada and IET Labs INC, USA Resistance, Capacitance and Inductance Standards -
Guildline Instruments, Canada and M/s IET Labs INC, USA Air Baths, Calibration Baths and Climatic Chambers –
Kambic Metrology, UK and many more |
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|
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Agencies Held : |
· Guildline Instruments Limited, Canada IET Labs INC., USA Clarke-Hess, USA RH Systems, USA Techne, UK Tovey Engineering, USA Magnetic Instrumentation Inc., USA Thunder Scientific, USA Kambic Metrology Limited, Slovenia Meatest, Czech Republic |
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Imports : |
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Countries : |
· USA Canada UK, etc |
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Terms : |
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Selling : |
Credit (30 Days) |
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Purchasing : |
L/C and Credit (30 Days) |
GENERAL INFORMATION
|
Customers : |
End Users · Bharat Electronics Limited Naval Physical and Oceanographic Laboratory Government of
India, Ministry of Defence and Defence Research and Development Organisation Autocal Solutions Private Limited Bharat Electronics Limited FSH Automation Products and Systems Godrej and Boyce Manufacturing Company Limited Hindustan Aeronautics Limited Honeywell Technology Solutions Lab Private Limited Larsen and Toubro Limited National Physical Laboratory |
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No. of Employees : |
6 (Approximately) [In Office] |
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Bankers : |
· State Bank of India, SMECCC Branch, Karkardooma, Shahdara, New Delhi - 110032, India State Bank of India, 101/A, Pratap Nagar, Mayur Vihar-I,
Delhi – 110091, India |
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Banking
Relations : |
-- |
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Auditors : |
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Name : |
S A B D and Associates Chartered Accountants |
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Address : |
3016/5 Second Floor, Street No. 12A, Ranjeet Nagar, South Patel Nagar, New Delhi – 110008, India |
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Tel. No. : |
91-11-2584-2664 |
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Fax No. : |
91-11-2584-2664 |
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E-Mail : |
CAPITAL STRUCTURE
As on 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10,000 |
Equity Shares |
Rs.10/- each |
Rs. 0.100 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
|
31.03.2014 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
0.100 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
2.681 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
2.781 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
1.055 |
|
|
TOTAL BORROWING |
|
|
1.055 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
3.836 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.083 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000 |
|
|
Sundry Debtors |
|
|
0.000 |
|
|
Cash & Bank Balances |
|
|
0.962 |
|
|
Other Current Assets |
|
|
3.255 |
|
|
Loans & Advances |
|
|
0.000 |
|
Total
Current Assets |
|
|
4.217 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
|
|
|
Other Current Liabilities |
|
|
0.010 |
|
|
Provisions |
|
|
0.454 |
|
Total
Current Liabilities |
|
|
0.464 |
|
|
Net Current Assets |
|
|
3.753 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
3.836 |
|
|
SOURCES OF FUNDS |
|
31.03.2013 |
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders'
Funds |
|
|
|
|
(a) Share Capital |
|
0.100 |
0.100 |
|
(b) Reserves & Surplus |
|
2.414 |
2.117 |
|
(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) |
|
2.514 |
2.217 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
1.055 |
1.055 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long term liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
0.000 |
0.000 |
|
Total Non-current Liabilities (3) |
|
1.055 |
1.055 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
0.000 |
0.000 |
|
(b) Trade payables |
|
0.000 |
0.072 |
|
(c) Other current
liabilities |
|
0.010 |
0.011 |
|
(d) Short-term provisions |
|
0.313 |
0.577 |
|
Total Current Liabilities (4) |
|
0.323 |
0.660 |
|
|
|
|
|
|
TOTAL |
|
3.892 |
3.932 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
0.052 |
0.087 |
|
(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 |
|
0.000 |
0.000 |
|
(e) Other Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current Assets |
|
0.052 |
0.087 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
0.000 |
0.000 |
|
(c) Trade receivables |
|
0.000 |
0.000 |
|
(d) Cash and cash
equivalents |
|
3.238 |
3.318 |
|
(e) Short-term loans and
advances |
|
0.000 |
0.000 |
|
(f) Other current assets |
|
0.602 |
0.527 |
|
Total Current Assets |
|
3.840 |
3.845 |
|
|
|
|
|
|
TOTAL |
|
3.892 |
3.932 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
5.896 |
|
|
|
Other Income |
|
|
0.237 |
|
|
|
TOTAL (A) |
|
|
6.133 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods |
|
|
1.567 |
|
|
|
Other Expenses |
|
|
4.139 |
|
|
|
TOTAL (B) |
|
|
5.706 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) (C) |
|
|
0.427 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
|
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
|
0.427 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
|
0.041 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
|
|
0.386 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
|
|
0.119 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
|
|
0.267 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
|
|
1.567 |
|
|
TOTAL IMPORTS |
|
|
1.567 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (Rs.) |
|
|
26.70 |
|
|
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
5.036 |
7.948 |
|
|
|
Other Income |
|
0.221 |
0.331 |
|
|
|
TOTAL (A) |
|
5.257 |
8.279 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases of Stock-in-Trade |
|
0.000 |
4.165 |
|
|
|
Employees benefits expense |
|
3.314 |
1.895 |
|
|
|
Other expenses |
|
1.452 |
1.160 |
|
|
|
TOTAL (B) |
|
4.766 |
7.220 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION (A-B) (C) |
|
0.491 |
1.059 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
|
0.031 |
0.335 |
|
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
|
0.460 |
0.724 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
|
0.034 |
0.022 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F) (G) |
|
0.426 |
0.702 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
|
0.128 |
0.152 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
|
0.298 |
0.550 |
|
|
|
|
|
|
|
|
|
|
Earnings / (Loss)
Per Share (Rs.) |
|
29.78 |
54.97 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
PAT / Total Income |
(%) |
4.35 |
5.67 |
6.64 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
6.55 |
8.46 |
8.83 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
8.98
|
10.95 |
17.85 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.14
|
0.17 |
0.32 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.38
|
0.42 |
0.48 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
9.09
|
11.89 |
5.83 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
7.948 |
5.036 |
5.896 |
|
|
|
(36.638) |
17.077 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
7.948 |
5.036 |
5.896 |
|
Profit |
0.550 |
0.298 |
0.267 |
|
|
6.92% |
5.92% |
4.53% |
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 |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details
(if applicable) |
Yes |
|
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 |
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 |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
TRADE REFERENCE
|
SR. NO. |
NAME OF THE CUSTOMERS WITH ADDRESS |
CONTACT DETAILS AND NAME OF THE CUSTOMER |
ITEMS SUPPLIED |
|
1 |
Atul District
Valsad - 96020, Gujarat, India |
Mr.
Darshan Raval MANAG
ER-Pu rchase/sourcing Contact
No: 91-02632-233261-5 Email:
darshan-raval@atul.co.in |
Model 1865+ (MEGOHMMETER/ lR TESTER), IET Labs lnc. USA Make on 16-Aug-13 |
|
2 |
Bharat
Electronics Limited Nandambakkam,
Chennai – 500089, Tamilnadu, India |
Mr.
V. Rajakumar Dy.
Gen Manger -MM Contact
No.: 91-44-22326906 Email:
mmbechn@bel.co.in |
ModelVl-700 Voltage and Current Source, IET Labs
lnc. USA Make on 28-March-13 |
|
3 |
Naval
Physical and Oceanographic Laboratory
Government of lndia, Ministry of Defence Defence Research and Development
Organization Thrikkakara
(PO), Kochi - 682021, Kerala, India |
Mr.
P.N. Mohandas-Sc-C Contact
No: 91-484-2424858 |
Model 1865+ (MEGOHMMETER/ lR TESTER), IET Labs lnc, USA Make On 18-Apr-2013 |
|
4 |
Autocal
Solutions Private Limited Unit
No. 133, Dewan No. 5 PCS Limited, Navghar, Vasai Road District Thane –
401210, Maharashtra, India |
Mr.
Kailash Chilap Contact
No.: 91-250-2393420 Email:
kailas@autocal.net |
Ultra Precise Air Resistance Standards Model 9334A, Guildline Make on 27/07/2013 |
|
5 |
Bharat
Electronics Limited Jalahalli
PO, Bangalore – 560013, Karnataka, India |
Mr.
Sayabarrady Dy
Eng-Purchase Contact
No. 91-80-22195439 |
Resistance and Capacitance Standards, Model RCS-500, IET Labs lnc., USA Make on 08/11/2013 |
|
6 |
FSH
Automation Products sand Systems No.4,
2nd Street, 3rd Cross, Vaishnavi Nagar, Chennai – 600109,
Tamilnadu, India |
Contact
No.: 91-44-26372628 Email
: fsh.aps@gmail.com |
High Accuracy Decade Resistance Substituter, Model HARS IET Labs lnc., USA Make On 12/04/2013 |
|
7 |
Godrej
and Boyce Manufacturing Company Limited Vikhroli,
Mumbai – 400079, Maharashtra, India |
Mr.
Mohsin Khan Asst.
Manager- Corporate Procurement Contact
No: 91-22-67963280 |
Phase Angle Meter, Model6000A, Clarke - Hess Make, on 11/06/2013 |
|
8 |
Hindustan
Aeronautics Limited ARDC
Division, Marathahalli Post, Bangalore – 560037, Karnataka, India |
Mr. K.P. Rajendran DGM.IMM, MCSRDC |
Precision Variable Capacitance Box, Model HACS on 23/05/2013 |
|
9 |
Honeywell
Technology solutions Lab Private Limited 151/1,
Bannerghatta Road, Doraisanipalya, Bangalore – 560226, Karnataka, India |
Mr.
Ravishankar, Ashok Contact
No.: 91-80-26588360 |
Phase Angle Voltmeter Model2500A, make Clarke-Hess, USA on 07/06/2013 |
|
10 |
Larsen
and Toubro Limited Powel
Campus, Saki Vihar Road, PO Box 8901, Mumbai – 400072, Maharashtra, India |
Mr.
Nair Rath Contact
No.: 91-22-57050505 |
Portable Thermocouple Calibration Furnace, model Tecal 1200, Techne, UK make on 20/03/2014 |
|
11 |
National Physical Laboratory Dr. K.S. Krishnan Marg, New Delhi – 110012, India |
Contact
Person: Mr. Vimal Kumar Contact
No: 91-11-45608219 Email:
spo@snplindia.org |
Resistance Standards, Guildline make on 2012-13 |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
|
1 |
10028930 |
15/02/2014 * |
7,200,000.00 |
STATE BANK OF INDIA |
SMECCC BRANCH,
KARKARDOOMA, SHAHDARA, NEW DELHI, |
B98345382 |
* Date of charge modification
UNSECURED LOANS
|
PARTICULAR |
31.03.2013 (Rs.
In Millions) |
|
LONG TERM
BORROWINGS |
|
|
Term Loans From Other Parties (Loan from HUF amount outstanding as on 31-03-2012 Rs. 0.080 Million |
0.080 |
|
(b) Deferred Payment Liabilities / Deposits / Loans and Advances from Related parties / Long term maturities of finance lease obligations / Other loans and advances (specify nature)./ (Loan from Director amount outstanding as on 31-03-2012 Rs. 0.975 Million |
0.975 |
|
Total |
1.055 |
FIXED ASSETS
· Furniture and Fixtures
Office
Equipments
Air
Conditioner
Car
Cooler
Fax
Machine
Inverter
Printer
Refrigerator
Scooter
Television
Mobile
Phone
Microwave
Oven
U.P.S
Computer
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.60.61 |
|
|
1 |
Rs.100.49 |
|
Euro |
1 |
Rs.79.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MRI |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
3 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
3 |
|
--PROFITABILIRY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--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 |
|
28 |
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.