MIRA INFORM REPORT

 

 

 

 

Report No. :

335454.2

Report Date :

07.08.2015

 

IDENTIFICATION DETAILS

 

Name :

PLATI INDIA PRIVATE LIMITED

 

 

Registered Office :

B-XXIX, 105/1G/1, Oswal Agro Complex, Giaspura, G. T. Road, Ludhiana – 141003, Punjab

Mobile No.:

91-9915704380 (Ms. Pooja)

 

 

Country :

India

 

 

Financials (as on) :

Not Available

 

 

Date of Incorporation :

04.03.2014

 

 

Com. Reg. No.:

16-038458

 

 

Capital Investment / Paid-up Capital :

Rs.0.100 Million

 

 

CIN No.:

[Company Identification No.]

U27107PB2014PTC038458

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

JLDP04874C

 

 

PAN No.:

[Permanent Account No.]

AAHCP6677Q

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

To carry on the business of manufacturing, importing, exporting, buying, selling of all kinds of old and new alloys, alloy wheels, rims, tyres, auto accessories, rubber tyres and tubes, retreating and rebuilding of rubber tyres and tubes for different types of vehicles, replacing of tread on used pneumatic tyres, solid and cushion tyres, tyre parts such as interchangeable tyre treads or tyre flaps, camel-back strips for re-trading tyres and other tyres and tubes alloys and other motor parts.

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

NB

 

New Business

 

Status :

New Business

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a new private limited company incorporated on 4th March, 2014.

 

Management flatly denied to provide any information about the subject to us.

 

However, business is active as per status shown in Registrar of the company. Payment terms are unknown.

 

The company can be considered for business dealings with fully 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.

 

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 DENIED BY

 

Name :

Ms. Pooja

Designation :

Not Divulged

Contact No.:

91-9915704380

Date :

05.08.2015

 

 

 

 

 

LOCATIONS

 

Registered Office :

B-XXIX, 105/1G/1, Oswal Agro Complex, Giaspura, G. T. Road, Ludhiana – 141003, Punjab, India

Tel. No.:

91-161-5025187

Mobile No.:

91-9915704380 (Ms. Pooja)

Fax No.:

Not Available

E-Mail :

sales@plastiindia.com

pankaj_166@rediffmail.com

 

 

DIRECTORS

 

AS ON 30.09.2014

 

Name :

Mr. Bhupesh Monga

Designation :

Whole-time director

Address :

166, Green Field, Kochhar Market, Ludhiana – 141001, Punjab, India

Date of Birth/Age :

17.11.1975

Date of Appointment :

04.03.2014

DIN No.:

00579094

 

 

Name :

Mr. Pankaj Monga

Designation :

Whole-time director

Address :

B-18.166, Green Field, Pakhowal Road, Ludhiana – 141001, Punjab, India

Date of Birth/Age :

16.11.1979

Date of Appointment :

04.03.2014

DIN No.:

00579078

 

 

Name :

Mr. Tarun Monga

Designation :

Whole-time director

Address :

166, Green Field,Pakhowal Road, Ludhiana – 141001, Punjab, India

Date of Birth/Age :

19.04.1974

Date of Appointment :

04.03.2014

DIN No.:

00702777

 

 

Name :

Mr. Manu Grover

Designation :

Whole-time director

Address :

H. No. B-24.2827, Ward No. 19, Sunder Nagar, Ludhiana – 141007, Punjab, India

Date of Birth/Age :

24.12.1980

Date of Appointment :

04.03.2014

DIN No.:

06770230

 

 

 

 

MAJOR SHAREHOLDERS

 

AS ON 30.09.2014

 

Names of Shareholders

 

No. of Shares

% of Holding

Tarun Monga

2500

25.00

Bhupesh Monga

2500

25.00

Pankaj Monga

2500

25.00

Manu Grover

2500

25.00

 

 

 

Total

10000

100.00

 

 

 

BUSINESS DETAILS

 

Line of Business :

To carry on the business of manufacturing, importing, exporting, buying, selling of all kinds of old and new alloys, alloy wheels, rims, tyres, auto accessories, rubber tyres and tubes, retreating and rebuilding of rubber tyres and tubes for different types of vehicles, replacing of tread on used pneumatic tyres, solid and cushion tyres, tyre parts such as interchangeable tyre treads or tyre flaps, camel-back strips for re-trading tyres and other tyres and tubes alloys and other motor parts.

 

 

Products :
  • Alloys
  • Alloy Wheels
  • Rims
  • Tyres
  • Auto Accessories
  • Rubber Tyres
  • Tubes
  • Rubber Tyres and Tubes

 

 

Brand Names :

Not Divulged

 

 

Agencies Held :

Not Divulged

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

PRODUCTION STATUS – NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Company Name :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark :

Not Divulged

 

 

Customers :

Company Name :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark :

Not Divulged

 

 

No. of Employees :

Information declined by the management

 

 

Bankers :

Banker Name :

The Catholic Syrian Bank Limited

Branch :

Thrissur – 680020, Kerala, 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 :

Not Divulged

Credit Facilities Enjoyed (CC/OD/Term Loan) :

Not Divulged

Account Operation :

Not Divulged

Remark :

Not Divulged

 

 

Auditors :

Not Divulged

 

 

Memberships :

Not Divulged

 

 

Collaborators :

Not Divulged

 

 

Associates/Subsidiaries :

--

 

 

CAPITAL STRUCTURE

 

Authorised Capital:

No. of Shares

Type

Value

Amount

 

 

 

 

700000

Equity Shares

Rs.10/- each

Rs.7.000 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital:

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs.0.100 Million

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Million]

 

NEW BUSINESS

 

 

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

No

9

Promoter’s background

Yes

10

Date of Birth of Proprietor / Partners / Directors

Yes

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

Yes

21

Banking facility details

Yes

22

Conduct of the banking account

--

23

Financials, if provided

No

24

Capital in the business

Yes

25

Last accounts filed at ROC, if applicable

No

26

Turnover of firm for last three years

No

27

Reasons for variation <> 20%

--

28

Estimation for coming financial year

No

29

Profitability for last three years

No

30

Major shareholders, if available

Yes

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

 

 

INDEX OF CHARGE:

 

Sr. No.

Charge ID

Date of Charge Creation/Modification

Charge amount secured

Charge Holder

Address

Service Request Number (SRN)

1

10510874

23/01/2015 *

50,000,000.00

The Catholic Syrian Bank Limited

Regd. Office Thrissur, Thrissur, Kerala - 680020, India

C43829563

 

*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.63.76

UK Pound

1

Rs.99.60

Euro

1

Rs.69.71

 

 

INFORMATION DETAILS

 

Information Gathered by :

NYA

 

 

Analysis Done by :

KIN

 

 

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

 

 

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.