MIRA INFORM REPORT
|
Report No. : |
318078 |
|
Report Date : |
29.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
PLATINUM HEALTHCARE |
|
|
|
|
Registered
Office : |
63/12A, Rama Road, Najafgarh Industrial Area, New Delhi – 110 015 |
|
Tel. No.: |
91-11-47585959 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2015 (Provisional) |
|
|
|
|
Date of
Incorporation : |
07.05.2003 |
|
|
|
|
Capital
Investment : |
Rs.7.742 million |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAGFP2563H |
|
|
|
|
Legal Form : |
Partnership Concern with an unlimited liability of the Partners |
|
|
|
|
Line of Business
: |
Clearing and Forwarding Agents for Roche Products (India) Private
Limited. |
|
|
|
|
No. of Employees
: |
Approximately 22 (In Office: 17 and In Branch: 5) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (43) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an
established partnership concern having a satisfactory track record. The concern has reported
good profitability during FY2014. The overall
financial position seems to be decent. Trade relations
are fair. Business is active. Payments are reported to be usually correct. The concern can
be considered for normal 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 PARTED BY
|
Name : |
Mr. Sandeep Narang |
|
Designation : |
Partner |
|
Contact No.: |
91-9811507479 |
|
Date : |
28.04.2015 |
LOCATIONS
|
Registered Office cum Warehouse : |
63/12A, Rama Road, Najafgarh Industrial Area, New Delhi – 110 015,
India |
|
Tel. No.: |
91-11-47585959/ 25115601 |
|
Mobile No.: |
91-9811507479 (Mr. Sandeep Narang) |
|
Fax No.: |
91-11-25115602 |
|
E-Mail : |
|
|
Area : |
4000 sq. ft. |
|
Location : |
Rented |
|
|
|
|
Corporate Office/ Branch Office : |
8/12, Ground Floor, East Patel Nagar, New Delhi – 110 008, India |
|
Tel. No.: |
91-11-47575858 |
PARTNERS
|
Name : |
Mrs. Sushma Rakesh Narang |
|
Designation : |
Partner |
|
Address : |
14/35, 1st Floor, Shakti Nagar, Delhi – 110 007, India |
|
Date of Birth/Age : |
10.08.1960 |
|
Qualification : |
B.A.B.E.D. |
|
Experience : |
12 Years |
|
PAN No.: |
AADPN0142R |
|
|
|
|
Name : |
Mr. Sandeep Ashok Narang |
|
Designation : |
Partner |
|
Address : |
F-51, Kolhapur Road, Kamla Nagar, Delhi– 110 007, India
|
|
Date of Birth/Age : |
22.08.1972 |
|
Qualification : |
Graduate |
|
Experience : |
12 Years |
|
PAN No.: |
AENPN1501L |
KEY EXECUTIVES
|
Name : |
Mr. Rakesh Narang |
|
Designation : |
Founder |
BUSINESS DETAILS
|
Line of Business : |
Clearing and Forwarding Agents for Roche Products (India) Private
Limited. |
|
|
|
|
Products : |
Pharma Products |
|
|
|
|
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 : |
Wholesalers and Others (Hospitals)
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
Approximately 22 (In Office: 17 and In Branch: 5) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
|
Auditors : |
|
|
Name : |
H.L. Bansal and Company Chartered Accountants |
|
Address : |
23/4, Chadha Bhawan, Shakti Nagar, Delhi – 110 007, India |
|
Tel. No.: |
91-11-23841219 |
|
Mobile No.: |
91-9811158356 |
|
E-Mail : |
|
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Narang Biotech
Private Limited Address:6943/2, Jaipuria Building, Kolhapur Road, Delhi
– 110 007, India Line of business: Distributor for Medicines. |
CAPITAL STRUCTURE
|
Capital Investment : |
31.03.2015
(Provisional)
(Rs.
in million) |
31.03.2014 (Rs.
in million) |
|
Capital Accounts: |
|
|
|
Mrs. Sushma Narang |
4.928 |
4.122 |
|
Mr. Sandeep Narang |
2.814 |
1.803 |
|
Total |
7.742 |
5.925 |
FINANCIAL DATA
[all figures are
in Rupees Million]
Note: Sole Proprietary and Partnership concerns are exempted
from filing their financials with the Government Authorities or Registry.
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2015 (Provisional) |
31.03.2014 |
31.03.2013 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partner’s Capital |
7.742 |
5.925 |
5.672 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
7.742 |
5.925 |
5.672 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
0.000 |
0.000 |
0.000 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
1.170 |
|
|
TOTAL BORROWING |
0.000 |
0.000 |
1.170 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7.742 |
5.925 |
6.842 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
FIXED ASSETS [Net Block] |
1.749 |
1.953 |
1.285 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000
|
0.000 |
0.000 |
|
|
Sundry Debtors |
2.062
|
1.197 |
3.183 |
|
|
Cash & Bank Balances |
0.119
|
0.278 |
0.674 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
4.981
|
3.844 |
1.954 |
|
Total
Current Assets |
7.162
|
5.319 |
5.811 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors & Other Current Liabilities |
|
|
0.254 |
|
|
Provisions |
|
|
|
|
Total
Current Liabilities |
1.169
|
1.347 |
0.254 |
|
|
Net Current Assets |
5.993
|
3.972 |
5.557 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7.742 |
5.925 |
6.842 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2015 (Provisional) |
31.03.2014 |
31.03.2013 |
|
|
|
SALES |
|
|
|
|
|
|
|
Commission Received |
14.337 |
15.064 |
9.327 |
|
|
|
Other Income |
0.231 |
0.232 |
0.125 |
|
|
|
TOTAL |
14.568 |
15.296 |
9.452 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Bank Charges |
0.249 |
0.119 |
0.248 |
|
|
|
Bonus |
0.202 |
0.173 |
0.164 |
|
|
|
Computer Expenses |
0.043 |
0.069 |
0.086 |
|
|
|
Conveyance |
0.150 |
0.842 |
0.335 |
|
|
|
Accounting Charges |
0.060 |
0.030 |
0.024 |
|
|
|
Commission Expenses |
0.200 |
0.000 |
0.000 |
|
|
|
Deewali Expenses |
0.038 |
0.182 |
0.159 |
|
|
|
Electricity Expenses |
0.733 |
0.577 |
0.731 |
|
|
|
Entertainment Expenses |
0.332 |
0.610 |
0.152 |
|
|
|
Freight & Cartage Expenses |
0.177 |
0.821 |
0.409 |
|
|
|
Advertisement |
0.000 |
0.010 |
0.000 |
|
|
|
Fuel & Power Expenses |
0.031 |
0.000 |
0.015 |
|
|
|
Audit Expenses |
0.072 |
0.072 |
0.000 |
|
|
|
ESI Expenses |
0.063 |
0.063 |
0.066 |
|
|
|
Gratuity/ Leave Salary |
0.136 |
0.000 |
0.129 |
|
|
|
Miscellaneous Expenses |
0.001 |
0.086 |
0.008 |
|
|
|
Office Expenses |
0.239 |
0.140 |
0.023 |
|
|
|
Packing Material |
0.405 |
0.631 |
0.139 |
|
|
|
Postage and Courier Expenses |
0.257 |
0.082 |
0.061 |
|
|
|
Printing and Stationery |
0.153 |
0.120 |
0.077 |
|
|
|
Professional Charges |
0.113 |
0.099 |
0.084 |
|
|
|
Rent |
1.815 |
1.693 |
1.598 |
|
|
|
Repair and Maintenance |
0.273 |
0.296 |
0.175 |
|
|
|
Salary |
3.796 |
3.618 |
1.695 |
|
|
|
Godown Rent |
0.066 |
0.060 |
0.010 |
|
|
|
Staff Welfare |
0.629 |
0.699 |
0.247 |
|
|
|
Telephone Expenses |
0.392 |
0.457 |
0.504 |
|
|
|
Traveling and Conveyance |
0.548 |
0.568 |
0.225 |
|
|
|
Vehicle Running Expenses |
0.586 |
0.541 |
0.416 |
|
|
|
Partner’s Salary |
0.144 |
0.144 |
0.144 |
|
|
|
Interest on Capital |
0.614 |
0.445 |
0.469 |
|
|
|
Genset Repair |
0.000 |
0.000 |
0.010 |
|
|
|
Service Tax and Interest |
0.000 |
0.000 |
0.010 |
|
|
|
Water Expenses |
0.000 |
0.000 |
0.014 |
|
|
|
Rent, Rates and Taxes |
0.000 |
0.000 |
0.016 |
|
|
|
TOTAL |
12.517 |
13.247 |
8.443 |
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION |
2.051 |
2.049 |
1.009 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.305 |
0.270 |
0.219 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT/
(LOSS) |
1.746 |
1.779 |
0.790 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2015 (Provisional) |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin (PAT/Sales) |
(%) |
12.18
|
11.81 |
8.47 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
19.59
|
24.46 |
11.13 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.23
|
0.30 |
0.14 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.00
|
0.00 |
0.21 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
6.13
|
3.95 |
22.88 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2013 |
31.03.2014 |
31.03.2015 (Provisional) |
|
|
(INR in Million) |
(INR in Million) |
(INR in Million) |
|
Partner’s Capital |
5.672 |
5.925 |
7.742 |
|
Share Application Money |
0.000 |
0.000 |
0.000 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
(Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
Net worth |
5.672 |
5.925 |
7.742 |
|
|
|
|
|
|
Secured Loans |
0.000 |
0.000 |
0.000 |
|
Unsecured Loans |
1.170 |
0.000 |
0.000 |
|
Total borrowings |
1.170 |
0.000 |
0.000 |
|
Debt/Equity ratio |
0.206 |
0.000 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2013 |
31.03.2014 |
31.03.2015 (Provisional) |
|
|
(INR in Million) |
(INR in Million) |
(INR in Million) |
|
Commission Received |
9.327 |
15.064 |
14.337 |
|
|
|
61.510 |
(4.826) |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2013 |
31.03.2014 |
31.03.2015 (Provisional) |
|
|
(INR in Million) |
(INR in Million) |
(INR in Million) |
|
Commission Received |
9.327 |
15.064 |
14.337 |
|
Profit |
0.790 |
1.779 |
1.746 |
|
|
8.47% |
11.81% |
12.18% |
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 |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
Yes |
|
17] |
Major suppliers |
No |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
Yes |
|
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 |
No |
|
25] |
Conduct of the banking
account |
Yes |
|
26] |
Buyer visit details |
----- |
|
27] |
Financials, if provided |
Yes |
|
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 |
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 |
CAPITAL STRUCTURE
|
Capital Investment : |
31.03.2017 (Rs.
in million) |
31.03.2016 (Rs.
in million) |
|
Capital Accounts: |
|
|
|
Mrs. Sushma Narang |
5.400 |
5.000 |
|
Mr. Sandeep Narang |
2.700 |
2.500 |
|
Total |
8.100 |
7.500 |
PROJECTED BALANCE SHEET
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partner’s Capital |
|
8.100 |
7.500 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
8.100 |
7.500 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
0.000 |
0.000 |
|
|
2] Unsecured Loans |
|
0.000 |
0.000 |
|
|
TOTAL BORROWING |
|
0.000 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
8.100 |
7.500 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
1.200 |
1.450 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
0.000 |
0.000 |
|
|
Sundry Debtors |
|
2.000 |
1.500 |
|
|
Cash & Bank Balances |
|
1.000 |
0.850 |
|
|
Other Current Assets |
|
0.000 |
0.000 |
|
|
Loans & Advances |
|
4.300 |
4.000 |
|
Total
Current Assets |
|
7.300 |
6.350 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors & Other Current Liabilities |
|
0.400 |
0.300 |
|
|
Provisions |
|
|
|
|
Total
Current Liabilities |
|
0.400 |
0.300 |
|
|
Net Current Assets |
|
6.900 |
6.050 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
8.100 |
7.500 |
|
PROJECTED PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
||
|
|
SALES |
|
|
|
|
|
|
|
Commission Received |
|
20.000 |
17.500 |
|
|
|
Other Income |
|
0.260 |
0.240 |
|
|
|
TOTAL |
|
20.260 |
17.740 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Personnel Expenses |
|
6.500 |
5.800 |
|
|
|
Administrative Expenses |
|
5.500 |
5.000 |
|
|
|
Selling and Distribution Expenses |
|
3.800 |
3.200 |
|
|
|
Partner’s Remuneration |
|
0.360 |
0.360 |
|
|
|
Interest to Partner’s Capital |
|
1.000 |
0.830 |
|
|
|
TOTAL |
|
17.160 |
15.190 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
3.100 |
2.550 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
0.300 |
0.250 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
2.800 |
2.300 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
0.300 |
0.300 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT/
(LOSS) |
|
2.500 |
2.000 |
|
KEY RATIOS
|
PARTICULARS |
|
|
31.03.2017 |
31.03.2016 |
|
Net Profit Margin (PAT/Sales) |
(%) |
|
12.50 |
11.43 |
|
|
|
|
|
|
|
Operating Profit Margin (PBDIT/ Sales) |
(%) |
|
15.50 |
14.57 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
|
29.41 |
25.64 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
|
0.31 |
0.27 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
|
0.00 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
|
18.25 |
21.17 |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH
STATEMENT OF THE PARTNER MRS. SUSHMA NARANG
AS AT 31ST
MARCH, 2015
|
Particulars |
31.03.2015 (Rs. in million) |
|
A. MOVEABLE
ASSETS |
|
|
Capital Investment of business |
4.928 |
|
Cash and Bank Balances |
0.313 |
|
Shares and PPF Investment |
0.707 |
|
Loans and Advances |
3.229 |
|
Jewellery |
0.548 |
|
(A) |
9.725 |
|
|
|
|
B.
IMMOVABLE ASSETS |
|
|
Residential House at 18, Srinagar Colony, Delhi – 110 052 (As per valuation report dated 21.01.2009) |
5.410 |
|
(B) |
5.410 |
|
|
|
|
Total A+B |
15.135 |
|
|
|
|
Less: Loans Availed |
1.818 |
|
|
|
|
NET WEALTH |
13.317 |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH
STATEMENT OF THE PARTNER MR. SANDEEP NARANG
AS AT 31ST
MARCH, 2015
|
Particulars |
31.03.2015 (Rs. in million) |
|
A. MOVEABLE
ASSETS |
|
|
Capital Investment of business |
6.494 |
|
Cash and Bank Balances |
0.106 |
|
|
|
|
NET WEALTH |
6.600 |
------------------------------------------------------------------------------------------------------------------------------
TRADE REFERENCES:
·
Imperial Healthcare
Private Limited
·
Friends Medicos
·
South Delhi Pharma
------------------------------------------------------------------------------------------------------------------------------
FIXED ASSETS:
·
Air Conditioner
·
Cold Store
·
Computer
·
EPBAI
·
Electrical Appliances
·
Fax Machine
·
Fire Equipment
·
Furniture
·
Genset
·
Photo Copier Machine
·
Printer
·
Refrigerator
·
Scanner
·
Scooter
·
Stabilizer
·
Telephone Equipment
·
Water Cooler
------------------------------------------------------------------------------------------------------------------------------
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 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.63.33 |
|
|
1 |
Rs.96.52 |
|
Euro |
1 |
Rs.68.93
|
INFORMATION DETAILS
|
Information
Gathered by : |
NYA |
|
|
|
|
Analysis Done by
: |
SUC |
|
|
|
|
Report Prepared
by : |
SMN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
-- PROFITABILITY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
|
43 |
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.