1. Summary Information
|
|
|
Country |
|
|
Company Name |
FORTUNA IMPEX PRIVATE LIMITED |
Principal Name 1 |
Mr. Manoj Kumar Bhandari |
|
Status |
Satisfactory |
Principal Name 2 |
Ms. Seema Bhandari |
|
|
|
Registration # |
21-078383 |
|
Street Address |
12-D, HARRINGTON MANSION, 8 HO CHI MINH SARANI, KOLKATA – 700 071,
WEST BENGAL |
||
|
Established Date |
25.03.1996 |
SIC Code |
-- |
|
Telephone# |
91-33-22822270/ 22822265 |
Business Style 1 |
Manufacturing |
|
Fax # |
91-33-22822267 |
Business Style 2 |
Supplying |
|
Homepage |
Product Name 1 |
Attendance |
|
|
# of employees |
Information decline by the management |
Product Name 2 |
Access Control Systems |
|
Paid up capital |
Rs.1,787,500/- |
Product Name 3 |
-- |
|
Shareholders |
Bodies
Corporate-48.10% Directors
or Relatives of Directors-51.90% |
Banking |
Bank of Maharashtra |
|
Public Limited Corp. |
NO |
Business Period |
18 Years |
|
IPO |
NO |
International Ins. |
-- |
|
Public |
NO |
Rating |
Ba (46) |
|
Related
Company |
|||
|
Relation
|
Country
|
Company
Name |
CEO |
|
RELATED
PARTY |
-- |
MICRO SYSTEM FOUNDATIONS |
-- |
|
Note |
--
|
||
2. Summary
Financial Statement
|
Balance Sheet as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Assets |
Liabilities |
||
|
Current Assets |
35,589,000 |
Current Liabilities |
13,884,000 |
|
Inventories |
9,031,000 |
Long-term Liabilities |
280,000 |
|
Fixed Assets |
2,887,000 |
Other Liabilities |
144,000 |
|
Deferred Assets |
000 |
Total Liabilities |
14,308,000 |
|
Invest& other Assets |
20,162,000 |
Retained Earnings |
51,573,000 |
|
|
|
Net Worth |
53,361,000 |
|
Total Assets |
67,669,000 |
Total Liab. & Equity |
67,669,000 |
|
Total Assets (Previous Year) |
66,998,000 |
|
|
|
P/L Statement as of |
31.03.2013 |
(Unit: Indian Rs.) |
|
|
Sales |
NA |
Net Profit |
6,269,000 |
|
Sales(Previous yr) |
NA |
Net Profit(Prev.yr) |
15,190,000 |
MIRA
INFORM REPORT
|
Report Date : |
15.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
FORTUNA IMPEX PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
12-D, Harrington Mansion, 8 Ho Chi Minh Sarani, Kolkata – 700 071,
West Bengal |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
25.03.1996 |
|
|
|
|
Com. Reg. No.: |
21-078383 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.1.788
millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32202WB1996PTC078383 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
CALF00511A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACF3870A |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturing and Supplying of Attendance and Access
Control Systems. |
|
|
|
|
No. of Employees
: |
Information decline by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 210000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. Profit of the company has declined during financial year 2013. However, the rating takes into consideration company sound financial risk
profile and fair liquidity position of company. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. The company can be considered for business dealing at usual trade
terms and condition. |
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 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 DENIED
Management Non-Cooperative
Tel. No. : 91-33-22822270
LOCATIONS
|
Registered Office : |
12-D, Harrington Mansion, 8 Ho Chi Minh Sarani, Kolkata – 700 071,
West Bengal, India |
|
Tel. No.: |
91-33-22822270/ 22822265 |
|
Fax No.: |
91-33-22822267 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
As on 30.09.2013
|
Name : |
Mr. Manoj Kumar Bhandari |
|||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||
|
Address : |
67A, Gobindapur, PS Jadavpur, Kolkata – 700 045, West Bengal, India |
|||||||||||||||||||||||||||||
|
Date of Birth/Age : |
02.11.1964 |
|||||||||||||||||||||||||||||
|
Date of Appointment : |
17.01.2007 |
|||||||||||||||||||||||||||||
|
DIN No.: |
00378523 |
|||||||||||||||||||||||||||||
|
PAN No.: |
ADBPB5644F |
|||||||||||||||||||||||||||||
|
Other Directorship :
|
||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||
|
Name : |
Ms. Seema Bhandari |
|||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||
|
Address : |
67A, Gobindapur, PS Jadavpur, Kolkata – 700 045, West Bengal, India |
|||||||||||||||||||||||||||||
|
Date of Birth/Age : |
08.06.1966 |
|||||||||||||||||||||||||||||
|
Date of Appointment : |
04.10.1999 |
|||||||||||||||||||||||||||||
|
DIN No.: |
00301719 |
|||||||||||||||||||||||||||||
|
PAN No.: |
ADMPB6926B |
|||||||||||||||||||||||||||||
|
Other Directorship :
|
||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||
|
Name : |
Mr. Amarendran Kamak |
|||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||
|
Address : |
5A, Green Row, Ganguly Bagan, Kolkata – 700 084, West Bengal, India |
|||||||||||||||||||||||||||||
|
Date of Birth/Age : |
31.07.1963 |
|||||||||||||||||||||||||||||
|
Date of Appointment : |
25.03.1996 |
|||||||||||||||||||||||||||||
|
DIN No.: |
00375895 |
|||||||||||||||||||||||||||||
|
PAN No.: |
ASBPK3809L |
|||||||||||||||||||||||||||||
|
Other Directorship :
|
||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||
|
Name : |
Mr. Santimay Gangopadh |
|||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||
|
Address : |
West Ghoshpara, PO-Ghoshpara Bally, Howrah – 711 227, West Bengal,
India |
|||||||||||||||||||||||||||||
|
Date of Birth/Age : |
17.12.1965 |
|||||||||||||||||||||||||||||
|
Date of Appointment : |
01.01.1999 |
|||||||||||||||||||||||||||||
|
DIN No.: |
00378529 |
|||||||||||||||||||||||||||||
|
PAN No.: |
ACWPG2240C |
|||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||
|
Name : |
Ms. Meera Amarendran Kamak |
|||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||
|
Address : |
5A, Green Row, Ganguly Bagan, Kolkata – 700 084, West Bengal, India |
|||||||||||||||||||||||||||||
|
Date of Birth/Age : |
04.12.1967 |
|||||||||||||||||||||||||||||
|
Date of Appointment : |
04.10.1999 |
|||||||||||||||||||||||||||||
|
DIN No.: |
00387866 |
|||||||||||||||||||||||||||||
|
PAN No.: |
AGXPK0615J |
|||||||||||||||||||||||||||||
|
Other Directorship :
|
||||||||||||||||||||||||||||||
|
|
||||||||||||||||||||||||||||||
|
Name : |
Mr. Shigeo Sato |
|||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||
|
Address : |
1-1-98, Fukuda-CHO, Yonezawa City, Yamagata Prefecture, Yonezawa,
Japan |
|||||||||||||||||||||||||||||
|
Date of Birth/Age : |
19.03.1959 |
|||||||||||||||||||||||||||||
|
Date of Appointment : |
08.10.2012 |
|||||||||||||||||||||||||||||
|
DIN No.: |
05344127 |
|||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 30.09.2013
|
Names of Shareholders |
No. of Shares |
|
Manoj Kumar Bhandari |
46375 |
|
Amarendran Kamak |
46375 |
|
Coral Commercial (Private) Limited, India |
86000 |
|
Total
|
178750 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2013
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Bodies
corporate |
48.10 |
|
Directors
or relatives of directors |
51.90 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing and supplying of Attendance and Access
Control Systems. |
GENERAL INFORMATION
|
Customers : |
·
Airtel ·
Aditya Birla Group ·
BOC ·
Birla Tyres ·
BHEL ·
Emami CRI Limited ·
Eveready Industries India Limited ·
Haldia Petrochemicals Limited ·
HAL ·
Vesuvius India Limited ·
OMC ·
Khadims ·
Larsen and Toubro ·
Webel ·
Jindal Steel and Power ·
Vedanta |
||||||||||||
|
|
|
||||||||||||
|
No. of Employees : |
Information decline by the management |
||||||||||||
|
|
|
||||||||||||
|
Bankers : |
·
Bank of Maharashtra, Chandni Chowk Market Branch,
Kolkata, West Bengal India ·
State Bank of India ·
Axis Bank Limited ·
DBS Bank Limited |
||||||||||||
|
|
|
||||||||||||
|
Facilities : |
SECURED LOANS
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Raj Kumar Jalan and Associates Chartered Accountants |
|
Address : |
41B, Syed Amir Ali Avenue, Kolkata – 700 019, West Bengal, India |
|
PAN No.: |
ACIPJ85556G |
|
|
|
|
Parties in which the key Managerial Personnel of the company are
interested: |
·
Micro System Foundations ·
Fortuna Softel Private Limited ·
Coral Commercial Private Limited |
CAPITAL STRUCTURE
As on 30.09.2013
Authorized Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
Rs.10/- each |
Rs.2.500 millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
178750 |
Equity Shares |
Rs.10/- each |
Rs.1.788
millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are in
Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
|
31.03.2013 |
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)
Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
1.788 |
1.787 |
|
(b) Reserves & Surplus |
|
51.573 |
45.623 |
|
(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) |
|
53.361 |
47.410 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
|
0.280 |
0.400 |
|
(b) Deferred tax liabilities (Net) |
|
0.144 |
0.144 |
|
(c) Other long term liabilities |
|
0.305 |
0.212 |
|
(d) Long-term provisions |
|
0.000 |
0.000 |
|
Total Non-current Liabilities (3) |
|
0.729 |
0.756 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
|
0.000 |
1.000 |
|
(b) Trade payables |
|
10.700 |
15.373 |
|
(c) Other current
liabilities |
|
2.879 |
2.459 |
|
(d) Short-term provisions |
|
0.000 |
0.000 |
|
Total Current Liabilities (4) |
|
13.579 |
18.832 |
|
|
|
|
|
|
TOTAL |
|
67.669 |
66.998 |
|
|
|
|
|
|
II. ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
2.887 |
3.395 |
|
(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 |
|
0.213 |
0.212 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
|
1.806 |
1.336 |
|
(e) Other Non-current assets |
|
18.143 |
16.746 |
|
Total Non-Current Assets |
|
23.049 |
21.689 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
9.031 |
8.090 |
|
(c) Trade receivables |
|
24.255 |
21.386 |
|
(d) Cash and cash
equivalents |
|
4.521 |
5.693 |
|
(e) Short-term loans
and advances |
|
6.813 |
10.140 |
|
(f) Other current
assets |
|
0.000 |
0.000 |
|
Total Current Assets |
|
44.620 |
45.309 |
|
|
|
|
|
|
TOTAL |
|
67.669 |
66.998 |
|
SOURCES OF FUNDS |
|
|
31.03.2011 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
|
1.787 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
30.432 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
32.219 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000 |
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.144 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
32.363 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
2.691 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
2.028 |
|
|
DEFERREX TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
14.906
|
|
|
Sundry Debtors |
|
|
21.103
|
|
|
Cash & Bank Balances |
|
|
6.210
|
|
|
Other Current Assets |
|
|
0.000
|
|
|
Loans & Advances |
|
|
6.404
|
|
Total
Current Assets |
|
|
48.623
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
15.297
|
|
|
Other Current Liabilities |
|
|
1.979
|
|
|
Provisions |
|
|
3.703
|
|
Total
Current Liabilities |
|
|
20.979
|
|
|
Net Current Assets |
|
|
27.644
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
32.363 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
TOTAL |
NA |
NA |
40.582 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
NA |
NA |
34.104 |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
NA |
NA |
6.478 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
NA |
NA |
1.201 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
6.269 |
15.190 |
5.277 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
3.50 |
84.98 |
29.52 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
NA |
NA |
13.00
|
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA |
NA |
12.62
|
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA |
NA |
0.20
|
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.01 |
0.03 |
0.00
|
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.29 |
2.41 |
2.32
|
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
1.787 |
1.788 |
|
Reserves & Surplus |
45.623 |
51.573 |
|
Net
worth |
47.410 |
53.361 |
|
|
|
|
|
long-term borrowings |
0.400 |
0.280 |
|
Short term borrowings |
1.000 |
0.000 |
|
Total
borrowings |
1.400 |
0.280 |
|
Debt/Equity
ratio |
0.030 |
0.005 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info
Agents |
Available in Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last one year |
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 |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
---------------------- |
|
22] |
Litigations that the firm / promoter involved in |
---------------------- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking account |
---------------------- |
|
26] |
Buyer visit details |
---------------------- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if applicable |
Yes |
|
29] |
Last accounts filed at ROC |
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 |
UNSECURED LOANS
|
Particulars |
31.03.2013 (Rs. in Millions) |
31.03.2012 (Rs. in Millions) |
|
SHORT TERM BORROWINGS |
|
|
|
Deepak Jyoti
Developers Private Limited |
--- |
1.000 |
|
Total |
--- |
1.000 |
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10224704 |
22/04/2010 |
2,848,000.00 |
BANK OF MAHARASHTRA |
CHANDNI CHOWK BRANCH, 19, PRAFULLA SARKAR STREET, |
A87354874 |
* Date of charge modification
FIXED ASSETS:
·
Office Premises
·
Air Conditioners
·
Computer
·
Bar Code Printer
·
Printer
·
EPABX
·
Furniture and Fixtures
·
Pager
·
Laptop
·
Multimedia Projector
·
Mobile Phone
·
Fax Machine
·
Laminating Machine
·
Binding Machine
·
Digital Multimeter
·
Metal Dice
·
Motor Car
·
Stencil
·
Security Equipment
·
Testing Equipment
·
Tools and Equipment
·
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. 60.84 |
|
|
1 |
Rs. 98.72 |
|
Euro |
1 |
Rs. 78.64 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
KRN |
|
|
|
|
Report Prepared by
: |
ASH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
46 |
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.