|
Report No. : |
335420 |
|
Report Date : |
06.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
BIRBAL SAHNI INSTITUTE OF PALAEOBOTANY |
|
|
|
|
Registered
Office : |
53, University Road, Lucknow – 226007, Uttar Pradesh |
|
Tel. No.: |
91-522-2740008/ 2740011/ 2740413/ 2740399 / 2742903 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Year of
Establishment : |
1946 |
|
|
|
|
Corpus/ Capital Fund : |
Rs. 168.226 Million |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
An Autonomous Institute under the Department of Science and Technology, Government of India |
|
|
|
|
Line of Business
: |
Subject is dedicated to both fundamental and applied aspects of Plant Fossil Research. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (55) |
|
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 |
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|
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|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was established in the year 1946 was an outcome of vision of
Prof. Birbal Sahni. It is an autonomous institute under the Department of Science and Technology, Government of India, New Delhi dedicated to both fundamental and applied aspects of Plant Fossil Research. Overall financial condition of the Institute is sound. Trade relations are fair. Business is active. Payment terms are reported to be usually correct. The institute can be considered for business dealings with
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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
31-03-2013.
INFORMATION PARTED BY
|
Name : |
Mr. Ram Shukla |
|
Designation : |
Registrar |
|
Contact No.: |
91-522-2742903 |
|
Date : |
04.08.2015 |
LOCATIONS
|
Registered Office : |
53, University Road, Lucknow – 226007, Uttar Pradesh, India |
|
Tel. No.: |
91-522-2740008/ 2740011/ 2740413/ 2740399 / 2742903 |
|
Fax No.: |
91-522-2740485/ 2740098 |
|
E-Mail : |
|
|
Website : |
MANAGEMENT
|
Name : |
Late Prof. Birbal Sahni |
|
Designation : |
Founder |
|
|
|
|
Name : |
Prof. Deepak Pental |
|
Designation : |
Chairman [Governing Body] |
|
Address : |
Former VC, University of Delhi Centre for Genetic Manipulation of Crop Plants, University of Delhi South Campus, Benito Juarez Road Dhaula Kuan, New Delhi-110007, India |
|
|
|
|
Name : |
Prof. Sunil Bajpai |
|
Designation : |
Director |
KEY EXECUTIVES
|
Name : |
Mr. Ram Shukla |
|
Designation : |
Registrar |
|
|
|
|
Name : |
N B Tiwari |
|
Designation : |
Accounts Officer |
|
|
|
|
MEMBERS |
|
|
Name : |
Dr. V.P. Dimri |
|
Designation : |
Distinguished Scientist |
|
|
|
|
Name : |
Prof. Talat Ahmad |
|
Designation : |
Vice Chancellor |
|
|
|
|
Name : |
Prof. G.V.R. Prasad |
|
Designation : |
Department of Geology |
|
|
|
|
Name : |
Dr. K.J. Ramesh |
|
Designation : |
Scientist-G |
|
|
|
|
Name : |
Dr. V. Purnachandra Rao |
|
Designation : |
Chief Scientist |
|
|
|
|
Name : |
Prof. R. Ramesh |
|
Designation : |
Physical Research Laboratory |
|
|
|
|
Name : |
Mr. N.K. Dutta |
|
Designation : |
Ex. Director General, GSI |
BUSINESS DETAILS
|
Line of Business : |
Subject is dedicated to both fundamental and applied aspects of Plant Fossil Research. |
|
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|
Brand Names : |
-- |
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Agencies Held : |
-- |
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Exports : |
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|
Products : |
-- |
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Countries : |
-- |
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Imports : |
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Products : |
-- |
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Countries : |
-- |
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Terms : |
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Selling : |
-- |
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Purchasing : |
-- |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged |
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Bankers : |
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||||||||||||||||||||||
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Facilities : |
-- |
||||||||||||||||||||||
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Banking
Relations : |
-- |
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|
|
|
Auditors : |
|
|
Name : |
Khanna Thaker and Company Chartered Accountants |
|
|
|
|
Memberships : |
-- |
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|
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Collaborators : |
-- |
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|
|
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Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
AS ON 31.03.2014
|
Corpus/ Capital
Fund |
|
|
Owned : |
Rs. 168.226 Million |
|
Borrowed : |
-- |
|
Total : |
Rs. 168.226 Million |
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
CORPUS/ CAPITAL
FUND AND LIABILITIES |
|
|
|
|
|
|
|
|
|
Corpus/ Capital Fund |
168.226 |
125.513 |
114.090 |
|
|
|
|
|
|
Reserves and Surplus |
33.211 |
38.211 |
48.011 |
|
|
|
|
|
|
Earmarked / Endowment Funds |
258.014 |
232.048 |
187.857 |
|
|
|
|
|
|
Secured Loans and Borrowings |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Deferred Credit Liabilities |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Current Liabilities and Provisions |
5.788 |
2.831 |
7.523 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
465.239 |
398.603 |
357.481 |
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
Fixed Assets |
101.085 |
92.538 |
102.870 |
|
|
|
|
|
|
Investments-From Earmarked/Endowment Funds |
258.014 |
232.048 |
187.857 |
|
|
|
|
|
|
Investments-Others |
22.064 |
24.000 |
44.916 |
|
|
|
|
|
|
Current Assets, Loans, Advances etc. |
84.076 |
50.016 |
21.838 |
|
|
|
|
|
|
Miscellaneous Expenditure (to the extent not written off or adjusted) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
465.239 |
398.603 |
357.481 |
INCOME
AND EXPENDITURE ACCOUNT
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
INCOME |
|
|
|
|
Income from Sales/ Services |
0.893 |
0.878 |
0.709 |
|
|
|
|
|
|
Grants/subsidies (OB, Deposit A/C and Transfer from Cap. Fund) fees/ Subscriptions |
264.825 |
212.762 |
186.550 |
|
|
|
|
|
|
Income from
Investments (Income on Invest. From earmarked/ endow. Funds transferred to Funds) |
3.063 |
0.984 |
2.584 |
|
|
|
|
|
|
Income from Royalty, Publication etc. |
0.123 |
0.406 |
0.273 |
|
|
|
|
|
|
Interest Earned |
3.519 |
2.241 |
1.216 |
|
|
|
|
|
|
Other Income/Adjustments |
1.095 |
0.954 |
0.792 |
|
|
|
|
|
|
Increase/(decrease)in stock of Finished goods and works-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
TOTAL |
273.518 |
218.225 |
192.124 |
|
|
|
|
|
|
EXPENDITURE |
|
|
|
|
Establishment Expenses |
171.663 |
145.308 |
143.636 |
|
|
|
|
|
|
Other Administrative Expenses etc. |
42.821 |
34.267 |
31.011 |
|
|
|
|
|
|
Expenditure on Grants, Subsidies etc. |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Interest |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Depreciation (Net Total at the year-end-corresponding to Schedule 8) |
15.321 |
14.128 |
16.135 |
|
|
|
|
|
|
TOTAL |
229.805 |
193.702 |
190.782 |
|
|
|
|
|
|
Balance being excess of Income over Expenditure (A-B) |
43.713 |
24.523 |
1.342 |
|
|
|
|
|
|
Transfer to Special Reserve (Specify each) |
66.000 |
13.100 |
11.550 |
|
|
|
|
|
|
Transfer to/from General Reserve to Pension Fund |
65.000 |
-- |
20.900 |
|
|
|
|
|
|
BALANCE BEING SURPLUS/ DEFICIT CARRIED TO CORPUS/CAPITAL
FUND |
42.713 |
11.423 |
(31.108) |
RECEIPTS
AND PAYMENT ACCOUNT
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
RECEIPT |
|
|
|
|
|
|
|
|
|
I. Opening Balances |
|
|
|
|
a) Cash in hand |
-- |
-- |
0.001 |
|
b) Bank Balances |
22.288 |
0.079 |
-- |
|
i) In current accounts |
-- |
-- |
-- |
|
ii) In deposit accounts |
-- |
-- |
-- |
|
iii) Endowment deposits |
-- |
-- |
-- |
|
iv) Salary Account |
-- |
2.297 |
2.760 |
|
|
|
|
|
|
II. Grants Received |
|
|
|
|
a) From Government of India |
181.225 |
212.762 |
186.778 |
|
b) From State Government |
-- |
-- |
-- |
|
c) From other sources (details) (Grant for capital & revenue exp. |
83.600 |
-- |
-- |
|
d) Deposit Account |
-- |
-- |
-- |
|
|
|
|
|
|
III. Income on Investment from |
|
|
|
|
a) Earmarked/ Endow. Funds |
-- |
-- |
-- |
|
b) Own Funds (Utilized) |
-- |
-- |
-- |
|
|
|
|
|
|
IV. Interest Received |
|
|
|
|
a) On Bank deposits |
2.432 |
1.597 |
1.281 |
|
b) Loans, Advances etc. |
1.087 |
1.629 |
0.762 |
|
|
|
|
|
|
V. Other Income (specify) |
|
|
|
|
i) Sale proceeds of Publications |
0.093 |
0.405 |
0.102 |
|
ii) Miscellaneous Income |
1.125 |
0.954 |
0.335 |
|
iii) Sale of Services (Consultancy) |
0.893 |
0.878 |
0.865 |
|
iv) Group Insurance |
-- |
0.156 |
0.321 |
|
|
|
|
|
|
VI. Amount Borrowed |
-- |
-- |
0.018 |
|
|
|
|
|
|
VII. Any other receipts |
|
|
|
|
(Pension Contribution) |
|
|
|
|
Transfer from Reserve Fund |
65.000 |
55.000 |
-- |
|
Net Receipt from Project |
9.341 |
2.272 |
-- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
i) Recovery of Advances |
|
|
|
|
ii) Earnest Money Deposit |
41.634 |
20.104 |
2.842 |
|
iii) FDR Matured |
1.021 |
0.010 |
0.010 |
|
iv) Recovery from Parties |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
409.739 |
298.143 |
196.075 |
|
|
|
|
|
|
PAYMENTS |
|
|
|
|
|
|
|
|
|
1) Expenses |
|
|
|
|
a) Establishment Expenses (Corresponding to Schedule 20) |
171.663 |
145.308 |
129.159 |
|
b) Administrative Expenses (Corresponding to Schedule 21) |
42.821 |
34.267 |
22.022 |
|
|
|
|
|
|
II) Payments made against funds for various projects |
7.198 |
-- |
-- |
|
(Name of the fund or project should be shown along with the particulars of payments made for each project) |
|
|
|
|
|
|
|
|
|
III. Investments and deposits made |
|
|
|
|
a) Out of Earmarked/ Endowment funds |
-- |
-- |
-- |
|
b) Out of Own Funds (Investments-Others) |
-- |
56.000 |
29.500 |
|
|
|
|
|
|
IV. Expenditure on Fixed Assets & Capital Work-in-Progress |
|
|
|
|
a) Purchase of Fixed Assets |
23.868 |
3.601 |
5.897 |
|
b) Expenditure on Capital Work-in-Progress |
-- |
-- |
-- |
|
|
|
|
|
|
V. Refund of surplus money/ Loans |
|
|
|
|
a) To the Government of India |
-- |
-- |
-- |
|
b) To the State Government |
-- |
-- |
-- |
|
c) To other providers of funds |
-- |
-- |
-- |
|
|
|
|
|
|
VI. Finance Charges (Interest) |
-- |
-- |
-- |
|
|
|
|
|
|
VII. Other Payments (Specify) |
|
|
|
|
i) Advances to Staff |
11.657 |
0.308 |
1.736 |
|
ii) Earnest Money Refunded |
0.227 |
0.010 |
0.020 |
|
iii) Advances to Parties |
80.528 |
35.946 |
2.571 |
|
iv) Pension Fund |
6.000 |
0.386 |
0.255 |
|
v) Transfer to reserve & surplus |
60.000 |
-- |
-- |
|
|
|
|
|
|
VIII. Closing Balances |
|
|
|
|
a) Cash in hand |
-- |
-- |
-- |
|
b) Bank Balances |
|
|
|
|
i) In current accounts |
-- |
-- |
-- |
|
ii) In deposit accounts |
-- |
-- |
-- |
|
iii) Saving account |
5.777 |
22.317 |
4.915 |
|
iv) Endowment deposit account |
-- |
-- |
-- |
|
v) Excess Expenditure |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
409.739 |
298.143 |
196.075 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
No |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
No |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
No |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
No |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
No |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the Annual
Report |
No |
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. 63.82 |
|
|
1 |
Rs. 99.15 |
|
Euro |
1 |
Rs. 69.31 |
INFORMATION DETAILS
|
Information
Gathered by : |
DIP |
|
|
|
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
BVA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILITY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
6 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
6 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
55 |
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.