MIRA INFORM REPORT

 

 

Report No. :

318887

Report Date :

24.04.2015

 

IDENTIFICATION DETAILS

 

Name :

RMOSS PRINTS PRIVATE LIMITED

 

 

Registered Office :

Flat No.404, Plot No.66, Shanti Bhavan, Rajasthan Society, J.B. Nagar, Andheri (East), Mumbai – 400059, Maharashtra

Tel No.:

91-22-30764100

 

 

Country :

India

 

 

Financials (as on) :

Not Available

 

 

Date of Incorporation :

24.01.2012

 

 

Com. Reg. No.:

11-226404

 

 

Capital Investment / Paid-up Capital :

Rs.9.500 Million

 

 

CIN No.:

[Company Identification No.]

U21023MH2012PTC226404

 

 

TIN No.:

Not Available

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMR29024C

 

 

PAN No.:

[Permanent Account No.]

AAFCR6721H

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Printing and publishing of newspapers, books, magazines etc.

 

 

No. of Employees :

45 (Approximately)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca (13)

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established company having moderate track.

 

The management has not filed its financial with government department since its incorporation.

 

Mr. Sameer Chavan (Senior Accountant) provided information and claimed that subject has achieved Rs.60.000 Million and Rs.110.000 Million turnover for FY 2014 and 2015 respectively. However, available figures could not be verified as the financials for the same and not available from any source.

 

Business is active as per status shown in the registrar of companies. Payment terms are unknown.

 

In absence of financials, subject can be considered for business dealings on safe and secured 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.

 

 

 

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 PARTED BY

 

Name :

Mr. Sameer Chavan

Designation :

Senior Accountant

Contact No.:

91-22-30764100

Date :

23.04.2015

 

 

LOCATIONS

 

Registered Office :

Flat No.404, Plot No.66, Shanti Bhavan, Rajasthan Society, J.B. Nagar, Andheri (East), Mumbai – 400 059, Maharashtra, India

Tel. No.:

Not Available

Mobile No.:

91-9167212139 (Mr. Anurag)

Fax No.:

Not Available

E-Mail :

info@rmossprints.com

Website :

http://rmossprints.com

 

 

Head Office / Corporate Office :

C/449, MIDC Pawane, TTC Area, Near Mayur Cold Storage, Turbhe, Navi Mumbai – 400 708, Maharashtra, India 

Tel. No.:

91-22-30764100

Fax No.:

91-22-30764110

Area :

20000 Sq. Ft.

Location :

Rented

 

 

DIRECTORS

 

Name :

Mr. Anurag Sudhakar Dwivedi

Designation :

Director

Address :

Flat 404, Shantidevi Tekchand Sharma CHS Limited, Shanti Bhavan, Plot No.66, Rajastan Society, J.B. Nagar, Andheri (East), Mumbai – 400 059, Maharashtra, India 

Date of Birth/Age :

12.01.1974

Date of Appointment :

24.01.2012

DIN No.:

05133524

E-Mail :

anurag@5colorcorp.com

 

 

Name :

Mr. Rakesh Girish Dharavat

Designation :

Director

Address :

2/4, Kiran Building, P.P. Road, Andheri (East), Mumbai – 400 069, Maharashtra

India 

Date of Birth/Age :

22.02.1984

Date of Appointment :

24.01.2012

DIN No.:

05133528

E-Mail :

rakesh@5colorcorp.com

 

 

Name :

Mr. Bhavin Vijay Kumar Bhalavat

Designation :

Director

Address :

203/C, Suman Apartments, Tank Road, Orlem, Malad (West), Mumbai – 400 064, Maharashtra, India 

Date of Birth/Age :

20.04.1984

Date of Appointment :

24.01.2012

DIN No.:

05141033

E-Mail :

bhavin@5colorcorp.com

 

 

Name :

Mr. Sunil Ansuya Khanduri

Designation :

Additional Director

Address :

501,  A  Wing,  Lake Bloom Apartment, Saki Vihar Road, Powai, Opposite L&T  Gate No.6, Mumbai – 400 072, Maharashtra, India 

Date of Birth/Age :

17.10.1983

Date of Appointment :

18.02.2012

DIN No.:

05205770

 

 

KEY EXECUTIVES

 

Name :

Mr. Sameer Chavan

Designation :

Senior Accountant

 

 

MAJOR SHAREHOLDERS

 

As on 06.01.2012

 

Names of Shareholders

 

No. of Shares

Anurag Sudhakar Dwivedi

 

3333

Rakesh Girish Dharavat

 

3333

Bhavin Vijay Kumar Bhalavat

 

3334

Total

 

10000

 

As on 11.12.2012

 

Names of Allottees

 

No. of Shares

Bhavin Vijay Kumar Bhalavat

 

295916

Anurag Sudhakar Dwivedi

 

295917

Rakesh Girish Dharavat

 

172417

Sunil Ansuya Khanduri

 

175750

Total

 

940000

 

 

BUSINESS DETAILS

 

Line of Business :

Printing and publishing of newspapers, books, magazines etc.

 

 

Products :

Newspapers, Books, Magazines

 

 

Brand Names :

--

 

 

Agencies Held :

--

 

 

Exports :

 

Products :

Magazines

Countries :

US

 

 

Imports :

 

Products :

Material

Countries :

Germany

 

 

Terms :

 

Selling :

Cash and Credit

 

 

Purchasing :

Cash and Credit

 

PRODUCTION STATUS – NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Metro Paper, Mumbai, Maharashtra, India

Name of the Person :

Not Divulged 

Contact No.:

Not Divulged 

Since How Long Known :

Not Divulged 

Experience :

Not Divulged 

Maximum Limit Dealt :

Not Divulged 

Remark :

Not Divulged 

 

 

Customers :
  • Health Media Publishing Private Limited, Andheri SEEPZ
  • Balaji
  • Brigade Group
  • Chetana
  • Banking Frontiers
  • Jain Irrigation Systems Limited
  • Parsvnath Developers Limited
  • Powergrid
  • sandawellness
  • yourwellness

 

 

No. of Employees :

45 (Approximately)

 

 

Bankers :

Banker Name

Bank of Baroda

Branch Address

Vashi Branch, Big Splash, Shop No.1 to 6, Sector 17, 66, Shivaji Chowk, Vashi, Navi Mumbai – 400705, Maharashtra, India

Person Name (With Designation)

Not Divulged 

Contact Number

Not Divulged 

Name of Account Holder

Not Divulged 

Account Number

Not Divulged 

Account Since (Date/Year of Account Opening)

Not Divulged 

Average Balance Maintained (If Possible)

Not Divulged 

Credit Facilities Enjoyed (If any)

Fund + Non Fund = Rs.35.000 Million

Account Operation

Not Divulged 

Remarks (If any)

Not Divulged 

 

 

 

Financial Institution :

Reliance Capital Limited, "H" Block, 1st Floor, Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai – 400 710, Maharashtra, India

 

 

Auditors :

 

Name :

M.R. Sharma and Company

Chartered Accountants

 

 

Memberships :

--

 

 

Collaborators :

--

 

 

Sister Concern :

Not Divulged 

 

 

CAPITAL STRUCTURE

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

1000000

Equity Shares

Rs.10/- each

Rs.10.000 Million

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

950000

Equity Shares

Rs.10/- each

Rs.9.500 Million

 

 

FINANCIAL DATA

[all figures are in Rupees Million]

 

 

Particulars

 

 

31.03.2014

31.03.2015

Sales Turnover (Approximately)

 

60.000

110.000

 

The above information has been parted by Mr. Sameer Chavan

 

 

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

 

 

YEAR-ON-YEAR GROWTH

 

Year on Year Growth

 

31.03.2014

31.03.2015

 

 

Rs. In Million

Rs. In Million

Sales Turnover (Approximately)

 

60.000

110.000

 

 

 

83.333

 

 

 

 

LOCAL AGENCY FURTHER INFORMATION

 

CURRENT MATURITIES OF LONG TERM DEBT DETAILS NOT AVAILABLE

 

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 two years

Yes

12]

Profitability for last three years

No 

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

Yes

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

No

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

INDEX OF CHARGE:

 

Sr. No.

Charge ID

Date of Charge Creation/Modification

Charge amount secured

Charge Holder

Address

Service Request Number (SRN)

1

10456755

01/10/2013

1,963,500.00

RELIANCE CAPITAL LTD

"H" BLOCK 1ST FLOOR, DHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNE, NAVI MUMBAI, MAHARASHTRA - 400710, INDIA

B88209028

2

10397159

14/12/2013 *

34,000,000.00

BANK OF BARODA

VASHI BRANCH, BIG SPLASH,SHOP NO.1 TO 6,SECTOR 17, , 66, SHIVAJI CHOWK, VASHI,, NAVI MUMBAI, MAHARASHTRA - 400705, INDIA

B92545359

3

10396981

17/12/2012

32,000,000.00

BANK OF BARODA

VASHI BRANCH, BIG SPLASH,SHOP NO.1 TO 6,SECTOR 17, , 66, SHIVAJI CHOWK, VASHI,, NAVI MUMBAI, MAHARASHTRA - 400705, INDIA

B65887184

*Date of modification Charges

 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

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 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.63.19

UK Pound

1

Rs.94.94

Euro

1

Rs.67.66

 

 

INFORMATION DETAILS

 

Information Gathered by :

SVA

 

 

Analysis Done by :

SUM

 

 

Report Prepared by :

VNT

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

2

PAID-UP CAPITAL

1~10

2

OPERATING SCALE

1~10

1

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

3

--PROFITABILITY

1~10

1

--LIQUIDITY

1~10

1

--LEVERAGE

1~10

1

--RESERVES

1~10

1

--CREDIT LINES

1~10

1

--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

YES

--AFFILIATION

YES/NO

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

DEFAULTER

 

 

--RBI

YES/NO

NO

--EPF

YES/NO

NO

 

 

 

TOTAL

 

13

 

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

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.