|
Report No. : |
317812 |
|
Report Date : |
16.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
INDIAN INSTITUTE OF TECHNOLOGY |
|
|
|
|
Registered
Office : |
G.T. Road, Kalyanpur, Kanpur – 208016, Uttar Pradesh |
|
Tel. No.: |
91-512-2590151 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
Not Available |
|
|
|
|
Year of
Establishment : |
1960 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Not Available |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TIN No.: |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Autonomous Public Engineering and Management Institute |
|
|
|
|
Line of Business
: |
Subject is engaged into imparting engineering and scientific
educational training. |
|
|
|
|
No. of Employees
: |
Information declined by the Management. |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is one of the old and premier institutions set up by the
Government of India. It is a well-established education and research
institute having fine track. Management remained non-cooperative in order to provide any
information about the subject to us. The institute is indulged into providing meaningful education, to
conduct original research of the highest standard and to provide leadership
in technological innovation for the industrial growth of the country. Trade relations are trustworthy. Institute is very much active.
Payment terms are reported as slow but correct, due to bureaucratic hurdles. In view of prevailing reputation, the subject 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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
EXTERNAL AGENCY RATING
Not Available
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 Co-operative (91-512-2590151)
LOCATIONS
|
Registered Office : |
G.T. Road, Kalyanpur, Kanpur – 208 016, Uttar Pradesh, India |
|
Tel. No.: |
91-512-259 0151/ 2592889 |
|
Fax No.: |
91-512-2590260 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Other Contact Details : |
|
|
Entrance
Examination |
|
|
Undergraduate
Admission |
|
|
Joint
Entrance Examination (JEE) |
Email: jee@iitk.ac.in Phone: 91-512-2597335 |
|
|
|
|
Graduate
Admission |
|
|
Chairman |
Email: chrgate@iitk.ac.in Phone: 91-512-2597470, 7412, 7304 |
|
Vice
Chairman |
Email: vchrgate@iitk.ac.in Phone: 91-512-2597470 |
|
|
|
|
CAT |
Email: ssmishra@iitk.ac.in Phone: 91-512-2596649 |
|
|
|
|
Admission to Integrated
M.Sc./B.Tech/B.Tech Dual Degree/M.Tech/Ph.D, information pertaining to
Transcripts and Educational Placement Verification |
|
|
Dean of Academic Affairs |
Email: doaa@iitk.ac.in Phone: 91-512-2597199 |
|
Assistant
Registrar/Officer Incharge |
Email: aracad@iitk.ac.in Phone: 91-512-2597669 |
|
|
|
|
Students |
|
|
|
|
|
Dean of Student's Affairs |
Email: dosa@iitk.ac.in Phone: 91-512-2597203 |
|
Assistant
Registrar/Officer Incharge |
Email: ardosa@iitk.ac.in Phone: 91-512-2596802/7249 |
|
|
|
|
Faculty/Faculty Position |
|
|
Dean of Faculty Affairs |
Email: dofa@iitk.ac.in Phone: 91-512-2597414 |
|
Assistant
Registrar/Officer Incharge |
Email: ardofa@iitk.ac.in Phone: 91-512-2596192 |
|
|
|
|
Information on Research and Development |
|
|
Dean of Research and Development |
Email: dord@iitk.ac.in Phone: 91-512-2597578 |
|
Deputy Registrar
/Officer Incharge |
Email: shakeel@iitk.ac.in Phone: 91-512-2597385 |
|
|
|
|
International Relations and Alumni |
|
|
Dean of Resources and Alumni |
Email: dora@iitk.ac.in Phone: 91-512-2597834/7635 |
|
Assistant
Registrar/Officer Incharge |
Email: arra@iitk.ac.in Phone: 91-512-2597289 |
|
Campus Security |
|
|
Security Officer/Advisor |
Email: security@iitk.ac.in Phone: 91-512-2597999/7994 |
|
Administrative Matters |
|
|
Registrar |
Email: registrar@iitk.ac.in Phone: 91-512-2597808, 7290 |
|
Administrative Officer (Administration) |
Email: kga@iitk.ac.in Phone: 91-512-2597620 |
|
Assistant Registrar/Officer Incharge (Internal Audit) |
Email: arra@iitk.ac.in Phone: 91-512-2597389 |
|
Assistant Registrar/Officer Incharge (Legal Cell) |
Email: arcoord@iitk.ac.in Phone: 91-512-2597290, 7728 |
|
Deputy Registrar /Officer Incharge (Stores and Purchase
Section) |
Email: sharif@iitk.ac.in Phone: 91-512-2597384 |
|
Superintendent (Human Resource and Administration) |
Email: manojkmr@iitk.ac.in Phone: 91-512-2597738 |
|
Superintendent (Estate Office) |
Email: rrdohare@iitk.ac.in Phone: 91-512-2597166 |
|
Financial Matters |
|
|
Finance Officer |
Email: fo@iitk.ac.in Phone: 91-512-2597950 |
|
Senior Deputy Registrar (Finance and Accounts) |
Email: akmisra@iitk.ac.in Phone: 91-512-2597382 |
|
Assistant Registrar (Finance and Accounts) |
Email: sujay@iitk.ac.in Phone: 91-512-2597786 |
|
Directorate |
|
|
Directorate |
Email: doiitk@iitk.ac.in Phone: 91-512-2597258,7283/7333 |
|
Deputy Director
Office |
Email: deputy@iitk.ac.in Phone: 91-512-2597760 |
MANAGEMENT
|
|
BOARD OF GOVERNORS |
|
Name : |
Professor M. Anandakrishnan |
|
Designation : |
Chairman, Board of Governors, Indian Institute of
Technology Kanpur |
|
Address : |
8/15, Madan Apartments, Kasturibai
Nagar, Adyar, Chennai – 600 020 Tamilnadu, India |
|
|
|
|
Name : |
Professor Indranil Manna |
|
Designation : |
Director (Ex-Officio) Member |
|
|
|
|
Council Nominees
(Members) |
|
|
Name : |
Shri Harsh Manglik |
|
Designation : |
Former Senior Advisor and
Former Chairman and Geography Managing Director, Accenture |
|
Address : |
227, Defence Colony,
Indiranagar Phase-II, Marvel
Viento, Apt. 201 (2nd Main/6th Cross), Bangalore -
560038, Karnataka, India |
|
|
|
|
Name : |
Shri Irshad Mirza |
|
Designation : |
Chairman, Mirza
International Limited |
|
Address : |
H. No.7/21, Parvati
Bangla Road,
Kanpur – 208 001, Uttar Pradesh,
India |
|
|
|
|
|
|
|
Name : |
Dr. Arup Kumar Raychaudhuri |
|
Designation : |
Director and Senior
Professor S N Bose National Centre for Basic Sciences |
|
Address : |
JD Block, Sector III,
Salt Lake City, Kolkata – 700
098, West Bengal, India |
|
|
|
|
Name : |
Professor E.D. Jemmis |
|
Designation : |
Department of Inorganic
and Physical Chemistry Indian Institute of Science, Bangalore |
|
Address : |
Bangalore – 560 012, Karntaka, India |
|
|
|
|
Uttar Pradesh Government Nominee |
|
|
Name : |
Professor Onkar Singh |
|
Designation : |
Vice Chancellor - Madan Mohan Malaviya University of
Technology |
|
Address : |
Deoria Road, Gorakhpur – 273 010, Uttar Pradesh, India |
|
|
|
|
Senate Nominees (Members) |
|
|
Name : |
Professor Deepak Gupta |
|
Designation : |
Department of Materials
Science and Engineering Indian Institute of Technology Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
Name : |
Professor Achla M. Raina |
|
Designation : |
Department of Humanities
and Social Sciences Indian Institute of Technology Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
Special Invitees |
|
|
Name : |
Professor S.C. Srivastava |
|
Designation : |
Deputy Director Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
Name : |
Professor Manindra Agrawal |
|
Designation : |
Dean of Faculty Affairs
Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
|
|
|
Name : |
Professor Dheeraj Sanghi |
|
Designation : |
Dean of Academic Affairs
Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
Name : |
Professor A K Ghosh |
|
Designation : |
Dean of Student Affairs
Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
Name : |
Professor Amalendu Chandra |
|
Designation : |
Dean of Research and
Development Indian Institute of Technology, Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
Name : |
Professor Prabhat Munshi |
|
Designation : |
Dean of Resources and
Alumni Indian Institute of Technology,
Kanpur |
|
Address : |
Kanpur - 208 016, Uttar Pradesh, India |
|
|
|
|
|
KEY ADMINISTRATORS |
|
Name : |
Professor Indranil Manna |
|
Designation : |
Director |
|
|
|
|
Name : |
Professor
Suresh Chandra Srivastava |
|
Designation : |
Deputy Director |
|
|
|
|
Deans |
|
|
Name : |
Professor
Manindra Agarwal |
|
Designation : |
Faculty Affairs |
|
|
|
|
Name : |
Professor
Amalendu Chandra |
|
Designation : |
Research and Development |
|
|
|
|
Name : |
Professor
Prabhat Munshi |
|
Designation : |
Dean of Resources and Alumni |
|
|
|
|
Name : |
Professor
Dheeraj Sanghi |
|
Designation : |
Academic Affairs |
|
|
|
|
Name : |
Professor
A K Ghosh |
|
Designation : |
Students' Affairs |
|
|
|
|
Heads of Departments |
|
|
Engineering |
|
|
Name : |
Professor
Sanjay Mittal |
|
Designation : |
Aerospace Engineering |
|
|
|
|
Name : |
Professor
S Ganesh |
|
Designation : |
Biological Sciences and Bioengineering |
|
|
|
|
Name : |
Professor
Nishith Verma |
|
Designation : |
Chemical Engineering |
|
|
|
|
Name : |
Professor
Vinay K. Gupta |
|
Designation : |
Civil Engineering |
|
|
|
|
Name : |
Professor
Sumit Ganguly |
|
Designation : |
Computer Science and Engineering |
|
|
|
|
Name : |
Professor S. P Das |
|
Designation : |
Electrical Engineering |
|
|
|
|
Name : |
Professor
Rahul Varman |
|
Designation : |
Industrial and Management Engineering |
|
|
|
|
Science |
|
|
Name : |
Professor Parimal K.
Bharadwaj |
|
Designation : |
Chemistry |
|
|
|
|
Name : |
Professor
Debasis Kundu |
|
Designation : |
Mathematics and Statistics |
|
|
|
|
Name : |
Professor Avinash Singh - |
|
Designation : |
Physics |
|
|
|
|
Humanities |
|
|
Name : |
Professor
Munmun Jha |
|
Designation : |
Humanities and Social Sciences |
|
|
|
|
Inter-Disciplinary
Programmes : |
|
|
Name : |
Professor Vinay K. Gupta |
|
Designation : |
Environmental Engineering and
Management |
|
|
|
|
Name : |
Professor P.K. Panigrahi |
|
Designation : |
Laser Technology |
|
|
|
|
Name : |
Professor Satyaki Roy |
|
Designation : |
Masters of Design |
|
|
|
|
Name : |
Professor Kamal K Kar |
|
Designation : |
Materials Science Programme |
|
|
|
|
Name : |
Professor Prakash M. Dixit |
|
Designation : |
Nuclear Engineering and
Technology |
|
|
|
|
Name : |
Dr. Rakesh
Kumar Sachan |
|
Designation : |
Acting Registrar |
|
|
|
|
Name : |
Munish Malik |
|
Designation : |
Finance Officer |
KEY EXECUTIVES
|
Name : |
Dr. Rakesh Kumar Sacha |
|
Designation : |
Secretary |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged into imparting engineering and scientific
educational training. |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Available |
|
|
|
|
Imports : |
Not Available |
|
|
|
|
Terms : |
|
|
Selling : |
Not Available |
|
|
|
|
Purchasing : |
Not Available |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||
|
|
|
||||||||||||||
|
Customers : |
|
||||||||||||||
|
|
|
||||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||||
|
|
|
||||||||||||||
|
Bankers : |
Not Available |
|
|
|
|
Auditors : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Membership : |
Not Available |
|
|
|
|
Sister Concern : |
-- |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Available |
|
Borrowed : |
Not Available |
|
Total : |
Not Available |
FINANCIAL DATA
[all figures are
in Rupees Million]
NOT AVAILABLE
Note: Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info
Agents |
Available in Report
(Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
No |
|
8] |
No. of employees |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact person |
No |
|
11] |
Turnover of firm for last three years |
No |
|
12] |
Profitability for last three years |
No |
|
13] |
Reasons for variation <> 20% |
-- |
|
14] |
Estimation for coming financial year |
No |
|
15] |
Capital in the business |
No |
|
16] |
Details of sister concerns |
No |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
No |
|
21] |
Market information |
-- |
|
22] |
Litigations that the firm / promoter involved in |
-- |
|
23] |
Banking Details |
No |
|
24] |
Banking facility details |
No |
|
25] |
Conduct of the banking account |
-- |
|
26] |
Buyer visit details |
-- |
|
27] |
Financials, if provided |
No |
|
28] |
Incorporation details, if applicable |
No |
|
29] |
Last accounts filed at ROC |
No |
|
30] |
Major Shareholders, if available |
No |
|
31] |
Date of Birth of Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating, if available |
No |
ABOUT IIT BOMBAY
Established in 1958, the
second of its kind, IIT Bombay was the first to be set up with foreign
assistance. The funds from UNESCO came as Roubles from the then Soviet Union.
In 1961 Parliament decreed the IITs as ‘Institutes of National
Importance'. Since then, IITB has grown from strength to strength to emerge as
one of the top technical universities in the world.
The institute is
recognised worldwide as a leader in the field of engineering education and
research. Reputed for the outstanding calibre of students graduating from its
undergraduate and postgraduate programmes, the institute attracts the best
students from the country for its bachelor's, master's and doctoral programmes.
Research and academic programmes at IIT Bombay are driven by an outstanding
faculty, many of whom are reputed for their research contributions
internationally.
IIT Bombay also builds
links with peer universities and institutes, both at the national and the
international levels, to enhance research and enrich its educational
programmes. The alumni have distinguished themselves through their achievements
in and contributions to industry, academics, research, business, government and
social domains. The institute continues to work closely with the alumni to enhance
its activities through interactions in academic and research programmes as well
as to mobilise financial support.
Over the years, the
institute has created a niche for its innovative short-term courses through
continuing education and distance education programmes. Members of the faculty
of the institute have won many prestigious awards and recognitions, including
the Shanti Swaroop Bhatnagar and Padma awards.
Located in Powai, one of
the northern suburbs of Mumbai, the residents of the institute reap the
advantage of being in the busy financial capital of India, while at the same
time enjoying the serenity of a campus known for its natural beauty. A fully
residential institute, all its students are accommodated in its 15 hostels with
in-house dining; the campus also provides excellent amenities for sports and
other recreational facilities.
INSTITUTE HISTORY
GENESIS
A high-powered committee
of the Government of India, headed by Sir Nalini Ranjan Sarkar, a businessman,
educationist, industrialist and public figure, recommended in 1946 the
establishment of four higher institutes of technology on the lines of their
counterparts in Europe and the United States to set the direction for the
development of technical education in the country. The committee had recommended
the establishment of institutes of national importance in different regions of
India. The first of the IITs was set up in Kharagpur (whose other claim to fame
is that it has the longest railway platform in the world) in the state of West
Bengal in 1950 at a site in Hijli village which used to be a detention camp.
Four more IITs followed in quick succession. IIT Bombay was established in
1958, followed by those at Madras (1959), Kanpur (1959) and Delhi (1961).
Though the names of the cities Bombay and Madras were later changed,
respectively, to Mumbai and Chennai, the institutes at these two places retain
their original names. So our institute is IIT Bombay, often shortened to IITB.
These institutes were
designed to provide the necessary dynamism and flexibility of organisation in
the light of the expanding knowledge and changing socio-economic requirements
of modern society. Planning for the institute at Mumbai began in 1957 and the
first batch of 100 students was admitted in 1958. The institute campus at Powai
extends over 200 hectares and is situated in picturesque surroundings with the
Vihar and the Powai lakes on either side and green hills in and around. In
1961, by an Act of Parliament, the institute was declared an institution of
national importance and was accorded the status of a university with the power
to award its own degrees and diplomas. IIT Bombay was established with the
cooperation and participation of the UNESCO, utilising the contribution of the
government of the then USSR. The institute received substantial assistance in
the form of equipment and expert services from the USSR through the UNESCO from
1956 to 1973. It received 59 experts and 14 technicians from several reputed
institutions in the USSR. The UNESCO also offered fellowships, numbering 27,
for training Indian faculty members in the USSR. Under the bilateral agreement
of 1965, the Government of USSR provided additional assistance to supplement
the Aid Programme already received by the institute through UNESCO.
PRESS RELEASE
IIT KANPUR-LED CONSORTIUM LAUNCHES ONLINE COURSES IN AGRICULTURE
Indian Institute of Technology Kanpur
(IITK) today said that it along with other institutions has launched Massive
Open Online Courses in agriculture sector (AgMOOCs).
The members of the consortium
are Commonwealth of Learning (COL), Indian Institute of
Management-Calcutta (IIMC) and the University of Agricultural Sciences Raichur (UASR),
IITK said in a press release.
The consortium is supported by NPTEL (National Programme on Technology Enhanced
Learning), a project of the Human Resources Development Ministry. NPTEL is
among the largest publishers of open educational resources in the world, it
said.
"Massive Open Online Courses
enable thousands of aspiring learners to avail a course in a single offering.
The scale is a major advantage in MOOCs. They can be developed fast by
institutions with advanced expertise," IITK said.
The consortium will offer MOOCs mainly
targeting professionals in agriculture, including students in state
agricultural universities, teachers serving there and specialists or any
interested and aspiring learner.
The first course of the AgMOOCs consortium will be launched on March 17, 2015, it
added.
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 records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals have
been formally charged or convicted by a competent governmental authority for
any financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.40 |
|
|
1 |
Rs.92.15 |
|
Euro |
1 |
Rs.66.48 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
NKT |
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.