MIRA
INFORM REPORT
|
Report Date : |
27.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
UNIQUE BIOTECH LIMITED |
|
|
|
|
Registered
Office : |
Plot No: 2, Phase-II, Kolthur,Shameerpet, Hyderabad-500078, Telangana |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2013 |
|
|
|
|
Date of
Incorporation : |
15.02.1999 |
|
|
|
|
Com. Reg. No.: |
01-031113 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
Rs. 60.000 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24239TG1999PLC031113 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACV4379H |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Exporter, Supplier and Manufacturer of Lactobacillus Rhamnosus, Lactobacillus Acidophilus, Lactic Acid Bacillus, Lactobacillus Sporogenes, Lactobacillus. |
|
|
|
|
No. of Employees
: |
Information decline by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (42) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 1100000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company having satisfactory track record. The rating takes into consideration UBL’s strong product profile
supported by long standing experience of promoters in the industry and
improved operational performance which has resulted into growth in profit of
the company. Trade relations are fair. Business is active. Payment terms are
reported to be slow but correct. The company can be considered for business dealings at usual trade
terms and conditions |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 1, 2014
|
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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
ICRA |
|
Rating |
Long Term Fund Based Limits = BB |
|
Rating Explanation |
Inadequate credit quality and high credit risk |
|
Date |
August 2014 |
|
Rating Agency Name |
ICRA |
|
Rating |
Unallocated = A4 |
|
Rating Explanation |
Minimal degree of safety and very high credit risk |
|
Date |
August 2014 |
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 BY
|
Name : |
Ms. Shridevi |
|
Designation : |
Office Executive |
|
Contact No.: |
91-40-23480348 |
|
Date : |
24.09.2014 |
LOCATIONS
|
Registered Office / Factory : |
Plot No: 2, Phase-II, Kolthur, Shameerpet, Hyderabad-500078, Telangana, India |
|
Tel. No.: |
91-40-23751346 |
|
Mobile No.: |
91-40-23751346/47 |
|
Fax No.: |
91-40-23751345 |
|
E-Mail : |
|
|
|
|
|
Corporate Office : |
G-43, Madhura Nagar, Yousufguda, Hyderabad-500038, Telangana, India |
DIRECTORS
As on 25.09.2013
|
Name : |
Mr. Madempudi Ratna Sudha |
|
Designation : |
Managing Director |
|
Address : |
P No: 87, Road No:7, Womens Coop Society, Jubilee Hills, Hyderabad– 500 033, Telangana, India |
|
Date of Birth/Age : |
03.08.1965 |
|
Date of Appointment : |
15.02.1999 |
|
DIN No.: |
01850084 |
|
|
|
|
Name : |
Mr. Jawahar Babu Medempudi |
|
Designation : |
Director |
|
Address : |
P No: 87, Road No: 7, Womens Coop Society, Jubilee Hills, Hyderabad– 500 033, Telangana, India |
|
Date of Birth/Age : |
18.04.1964 |
|
Date of Appointment : |
01.01.2009 |
|
DIN No.: |
01850101 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name of the Company/ LLP |
Current designation of the Director/
Designated Partner |
Date of appointment at current
designation |
Original date of appointment |
Date of cessation |
Company/ LLP Status |
Defaulting status |
|
1 |
U29297TG1985PTC005678 |
HIRANYA CHEM-ELEC EQUIPMENT PVT LIMITED |
Managing director |
26-07-85 |
26-07-85 |
- |
Active |
NO |
|
2 |
U29120TG1986PTC006884 |
SUJANA PUMPS AND MOTORS PRIVATE LIMITED |
Director |
28-06-99 |
28-06-99 |
- |
Active |
NO |
|
3 |
U24239TG1999PLC031113 |
UNIQUE BIOTECH LIMITED |
Director |
01-01-09 |
01-01-09 |
- |
Active |
NO |
|
|
|
|
Name : |
Mr. Venkata Satya Kumar Chakravarthy Ravella |
|
Designation : |
Director |
|
Address : |
12‐13‐677/96, Kimti Colony, Tarnaka, Lallaguda, Hyderabad-500017, Telangana, India |
|
Date of Birth/Age : |
18.04.1966 |
|
Date of Appointment : |
15.02.1999 |
|
DIN No.: |
01850131 |
|
|
|
|
Name : |
Mr. Ravi Kumar Medampudi |
|
Designation : |
Director |
|
Address : |
P No: 85, H No: 7‐1212/A/70, Shiva Bagh, Ameerpet, Hyderabad–500 016, Telangana, India |
|
Date of Birth/Age : |
10.07.1959 |
|
Date of Appointment : |
20.12.2004 |
|
DIN No.: |
01850211 |
Other Directorship:
|
S.No. |
CIN/LLPIN |
Name of the
Company/ LLP |
Current designation
of the Director/ Designated Partner |
Date of appointment
at current designation |
Original date of
appointment |
Date of cessation |
Company/ LLP Status |
Defaulting status |
|
1 |
U24239TG1999PLC031113 |
UNIQUE BIOTECH LIMITED |
Director |
20-12-04 |
20-12-04 |
- |
Active |
NO |
|
2 |
U24110TG1976PLC002040 |
VANI PHARMA LABS LIMITED |
Whole-time director |
29-09-11 |
09-03-11 |
- |
Active |
NO |
|
3 |
U72900TG2014PTC094871 |
SIMBOTIX PRIVATE LIMITED |
Director |
09-08-14 |
16-07-14 |
- |
Active |
NO |
|
|
|
|
Name : |
Mr. Venkateswara Rao Ravella |
|
Designation : |
Director |
|
Address : |
House No: 6‐3‐570/571/E/202, Somajiguda, Hyderabad– 500 082, Telangana, India |
|
Date of Birth/Age : |
01.03.1954 |
|
Date of Appointment : |
20.12.2004 |
|
DIN No.: |
03160404 |
|
S.No. |
CIN/LLPIN |
Name of the
Company/ LLP |
Current designation
of the Director/ Designated Partner |
Date of appointment
at current designation |
Original date of
appointment |
Date of cessation |
Company/ LLP Status |
Defaulting status |
|
1 |
U24239TG1999PLC031113 |
UNIQUE BIOTECH LIMITED |
Director |
20-12-04 |
20-12-04 |
- |
Active |
NO |
|
2 |
U24111TG1995PTC022569 |
COROMANDEL INDUSTRIAL GASES PRIVATE LIMITED |
Additional director |
01-04-13 |
01-04-13 |
- |
Active |
NO |
|
3 |
U74950TG1980PTC002775 |
UMA LAMINATED PRODUCT PRIVATE LIMITED |
Additional director |
01-04-13 |
01-04-13 |
- |
Active |
NO |
|
4 |
U24111TG1991PTC012888 |
MAAHESWARI INDUSTRIAL GASES PRIVATE LIMITED |
Director |
28-09-13 |
01-04-13 |
- |
Active |
NO |
|
5 |
U24111TG1988PTC008594 |
SHAKTHI INDUSTRIAL GASES PRIVATE LIMITED |
Director |
28-09-13 |
01-04-13 |
- |
Active |
NO |
|
6 |
U24233TG2014PTC094677 |
MARMAS ENTERPRISES PRIVATE LIMITED |
Director |
01-07-14 |
01-07-14 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Ms. Shridevi |
|
Designation : |
Office Executive |
MAJOR SHAREHOLDERS
As on 25.09.2013
|
Names of Shareholders |
No. of Shares |
|
M.Jawahar Babu |
163680 |
|
M.Ratna Sudha |
4741810 |
|
R.V.S.K.Chakavarthy |
190910 |
|
M Bhavani |
35000 |
|
Hiranya Chem‐Elec Equipment Private Limited |
203000 |
|
M Ramya |
5000 |
|
R.V. Siva Kumar |
158100 |
|
M Rajesh Kumar |
25000 |
|
M. Ravi Kumar |
55000 |
|
Gallery Exports Private Limited |
120000 |
|
Swain Finance and Trading Private Limited |
70000 |
|
M. Baby Sarojini |
2500 |
|
M.Bharat |
45000 |
|
M.Krishna Teja |
55000 |
|
M.Sumanth |
80000 |
|
Ramesh Kumar Chaganlal Ranka |
20300 |
|
Purnima Devi Ramesh Kumar Ranka |
17500 |
|
Jayantilal Ramesh Kumar Ranka |
5000 |
|
Heena |
7200 |
|
TOTAL |
6000000 |
Equity Share Break up (Percentage of Total Equity)
As on 25.09.2013
|
Category |
Percentage |
|
Bodies corporate |
6.55 |
|
Directors or relatives of Directors |
92.62 |
|
Other top fifty shareholders |
0.83 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Exporter, Supplier and Manufacturer of Lactobacillus Rhamnosus, Lactobacillus Acidophilus, Lactic Acid Bacillus, Lactobacillus Sporogenes, Lactobacillus. |
GENERAL INFORMATION
|
No. of Employees : |
Information decline by managment |
||||||||||||||||||||||||||||||
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|
||||||||||||||||||||||||||||||
|
Bankers : |
· Canara Bank, Industrial Finance Branch, 5-10-194, Chakrapani Estate, Kalanjali Building, Saifabad, Hyderabad - 500004, Telangana, India · Kotak Mahindra Bank Limited, 36-38A, Nariman Bhavan, 227,D, Nariman Point, Mumbai - 400021, Maharashtra, India |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Facilities : |
SECURED
LOAN
|
||||||||||||||||||||||||||||||
|
Banking
Relations : |
--- |
|
|
|
|
Auditors : |
C K S Associates Chartered Accountants |
|
|
|
|
Associates/Subsidiaries : |
Hiranya Chem-Elec Equipment Private Limited (CIN No. : U29297AP1985PTC005678) |
CAPITAL STRUCTURE
As on 25.09.2013
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
6000000 |
Equity Shares |
Rs.10/- each |
Rs. 60.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
6000000 |
Equity Shares |
Rs.10/- each |
Rs. 60.000 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
60.000 |
60.000 |
58.840 |
|
(b) Reserves & Surplus |
215.319 |
200.981 |
194.852 |
|
(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) |
275.319 |
260.981 |
253.692 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
28.748 |
85.149 |
115.338 |
|
(b) Deferred tax liabilities (Net) |
31.980 |
32.966 |
33.674 |
|
(c) Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
1.196 |
0.631 |
0.552 |
|
Total Non-current Liabilities (3) |
61.924 |
118.746 |
149.564 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
72.310 |
56.599 |
61.199 |
|
(b) Trade payables |
26.481 |
24.746 |
15.293 |
|
(c) Other current
liabilities |
66.176 |
76.776 |
56.102 |
|
(d) Short-term provisions |
11.266 |
2.206 |
11.941 |
|
Total Current Liabilities (4) |
176.233 |
160.327 |
144.535 |
|
|
|
|
|
|
TOTAL |
513.476 |
540.054 |
547.791 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
348.524 |
384.472 |
385.142 |
|
(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) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
4.016 |
3.814 |
9.258 |
|
(e) Other Non-current assets |
1.039 |
1.604 |
0.496 |
|
Total Non-Current Assets |
353.579 |
389.890 |
394.896 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
39.050 |
47.556 |
36.364 |
|
(c) Trade receivables |
88.413 |
62.204 |
74.858 |
|
(d) Cash and cash
equivalents |
0.399 |
0.272 |
2.717 |
|
(e) Short-term loans and
advances |
21.649 |
34.518 |
38.619 |
|
(f) Other current assets |
10.386 |
5.614 |
0.337 |
|
Total Current Assets |
159.897 |
150.164 |
152.895 |
|
|
|
|
|
|
TOTAL |
513.476 |
540.054 |
547.791 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
294.381 |
210.388 |
228.083 |
|
|
|
Other Income |
6.319 |
6.822 |
0.893 |
|
|
|
TOTAL (A) |
300.700 |
217.210 |
228.976 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
47.390 |
34.066 |
39.260 |
|
|
|
Changes in inventories of finished goods, work-in-progress and
Stock-in-Trade |
8.803 |
(13.901) |
(17.170) |
|
|
|
Employees benefits expense |
36.114 |
32.487 |
26.225 |
|
|
|
Other expenses |
105.215 |
88.992 |
68.899 |
|
|
|
Prior Periodical Items |
0.188 |
(0.122) |
0.000 |
|
|
|
TOTAL |
197.710 |
141.522 |
117.214 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
102.990 |
75.688 |
111.762 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
29.480 |
29.885 |
27.867 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
73.510 |
45.803 |
83.895 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
45.510 |
40.382 |
37.486 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
28.000 |
5.421 |
46.409 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
13.662 |
(0.708) |
12.251 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
14.338 |
6.129 |
34.158 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
10.981 |
4.852 |
10.694 |
|
|
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
25.319 |
10.981 |
4.852 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
TOTAL EARNINGS |
104.738 |
98.368 |
121.102 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
2.39 |
1.02 |
5.81 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
PAT / Total Income |
(%) |
4.77 |
2.82 |
14.92 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
9.51 |
2.58 |
20.35 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
5.45 |
1.00 |
8.47 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.10 |
0.02 |
0.18 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.37 |
0.54 |
0.70 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.91 |
0.94 |
1.06 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
58.840 |
60.000 |
60.000 |
|
Reserves & Surplus |
194.852 |
200.981 |
215.319 |
|
Net
worth |
253.692 |
260.981 |
275.319 |
|
|
|
|
|
|
long-term borrowings |
115.338 |
85.149 |
28.748 |
|
Short term borrowings |
61.199 |
56.599 |
72.310 |
|
Total
borrowings |
176.537 |
141.748 |
101.058 |
|
Debt/Equity
ratio |
0.696 |
0.543 |
0.367 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
228.083 |
210.388 |
294.381 |
|
|
|
(7.758) |
39.923 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
228.083 |
210.388 |
294.381 |
|
Profit |
34.158 |
6.129 |
14.338 |
|
|
14.98% |
2.91% |
4.87% |
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 |
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 |
Yes |
|
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 |
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 |
Yes |
Note: The
registered office of the company has been shifted from Plot No.123, Phase -5,
Jeedimetla, Hyderabad-500055, Telangana India to present address w.e.f. 01.04.2014.
UNSECURED LOAN
|
Particulars |
As on 31.03.2013 |
As on 31.03.2012 |
|
|
(Rs. In Millions) |
|
|
LONG TERM
BORROWINGS |
|
|
|
Term Loan from Banks |
8.093 |
9.809 |
|
SHORT TERM
BORROWINGS |
|
|
|
Loans and advances from others |
0.000 |
0.600 |
|
Total |
8.093 |
10.409 |
INDEX OF CHARGES
|
S.No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
90128665 |
02/08/2013 * |
304,600,000.00 |
CANARA BANK |
INDUSTRIAL FINANCE BRANCH, 5-10-194, CHAKRAPANI ESTATE, KALANJALI BUILDING, SAIFABAD, HYDERABAD, ANDHRA PRADESH - 500004, INDIA |
B81914996 |
* Date of charge modification
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. 61.57 |
|
|
1 |
Rs. 100.42 |
|
Euro |
1 |
Rs. 78.44 |
INFORMATION DETAILS
|
Information
Gathered by : |
NYA |
|
|
|
|
Analysis Done by
: |
KRN |
|
|
|
|
Report Prepared
by : |
ASH |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
|
42 |
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.