|
Report No. : |
355724 |
|
Report Date : |
22.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
PRO DIGITAL PRESS |
|
|
|
|
Registered
Office : |
Opposite Mukhya Kumar Shala, Near Taskand Petrol Pump, Anand – 388001,
Gujarat |
|
Mobile No.: |
91-9978512901 (Mr. Brijesh Pankajbhai Patel) |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
-- |
|
|
|
|
Date of
Establishment : |
08.12.2015 |
|
|
|
|
Capital
Investment : |
Not Divulged |
|
|
|
|
IEC No.: |
Not Applicable [As claimed by Company management, the Company does not Export and Import] |
|
|
|
|
PAN No.: [Permanent Account No.] |
AUKPP4237A |
|
|
|
|
Legal Form : |
Sole Proprietary Concern |
|
|
|
|
Line of Business
: |
Manufacturer of Photo Book Album. (Confirmed by Management) |
|
|
|
|
No. of Employees
: |
7 (2 in Office and 5 in Factory) (Approximately) |
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 proprietorship concern established on 8th
December 2015. It is a manufacturer of photo book album. Mr. Brijesh P. Patel (Proprietor) has provided us with relevant
information and claimed that the concern has started its commercial operation
since its inception. Business is active. No payment are known. The concern can be considered for business dealing on fully safe and
secure 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
31-03-2015.
INFORMATION PARTED BY
|
Name : |
Mr. Brijesh Pankajbhai Patel |
|
Designation : |
Proprietor |
|
Contact No.: |
91-9978512901 |
|
Date : |
19.12.2015 |
LOCATIONS
|
Registered Office/ Factory : |
Opposite Mukhya Kumar Shala, Near Taskand Petrol Pump, Anand – 388001,
Gujarat, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9978512901 (Mr. Brijesh Pankajbhai Patel) |
|
Fax No.: |
91-2692-266908 |
|
E-Mail : |
|
|
Area : |
600 Sq. ft. |
|
Location : |
Rented |
SOLE PROPRIETOR
|
Name : |
Mr. Brijesh Pankajbhai Patel |
|
Designation : |
Proprietor |
|
Address : |
801, Desai Complex, Behind Civil Court, Gokul Wadi, Anand – 388001,
Gujarat, India |
|
Date of Birth/Age : |
26.04.1981 |
|
Qualification : |
H.S.C |
|
Experience : |
10 Years |
|
PAN No.: |
AUKPP4237A |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Photo Book Album. (Confirmed by Management) |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
-- |
|
|
|
|
Imports : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit (30 Days) |
|
|
|
|
Purchasing : |
Cash and Credit (30 Days) |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
|
Customers : |
Others
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
|
No. of Employees : |
7 (2 in Office and 5 in Factory) (Approximately) |
||||||||||||||||||||||
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|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
-- |
||||||||||||||||||||||
|
|
|
|
Auditors : |
|
|
Name : |
Bhavin Parikh and Company Chartered Accountants |
|
Address : |
Anand, Gujarat, India |
|
Mob. No.: |
91-9825272937 |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Sister Concern : |
· Atul Xerox Gumdi Vod, Char Rasta, Anand, Gujarat, India Activity: Xerox,
Printout, Colour Print Jobwork |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Million]
NEW BUSINESS
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 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
Yes |
|
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 |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
Yes |
|
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 |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
Yes |
|
23 |
Financials, if provided |
No |
|
24 |
Capital in the business |
No |
|
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 |
Yes |
|
29 |
Profitability for last three years |
No |
|
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 |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF TOTAL INCOME
MR. BRIJESH PANKAJBHAI
PATEL
(RS. IN MILLION)
|
PARTICULARS |
31.03.2015 |
||
|
|
|
|
|
|
Income from Salary (Chapter IV A) |
|
|
0.162 |
|
Atul Xerox |
|
|
|
|
Gamdivad Char Rasta Gamdi, Anand, Gujarat
388001 |
|
|
|
|
Salary |
|
0.162 |
|
|
|
|
|
|
|
Income from Other Sources (Chapter IV F) |
|
|
0.127 |
|
Misc. Jobwork Income |
|
0.120 |
|
|
Misc. Other Income |
|
0.007 |
|
|
|
|
----------- |
|
|
|
|
0.127 |
|
|
|
|
|
----------- |
|
Gross Total Income |
|
|
0.289 |
|
|
|
|
|
|
Less: Deductions (Chapter VI-A) |
|
|
|
|
u/s 80B |
|
|
|
|
L.I.P. |
0.007 |
|
|
|
|
|
0.007 |
|
|
|
|
----------- |
0.007 |
|
|
|
|
----------- |
|
Total Income |
|
|
0.282 |
|
Round off u/s 288A |
|
|
0.282 |
|
Adjusted total income (ATI) is not more than
Rs. 2.000 Million hence AMT not applicable. |
|
|
|
|
|
|
|
|
|
Tax Due |
|
0.003 |
|
|
Rebate u/s 87A |
|
0.002 |
|
|
|
|
----------- |
|
|
|
|
0.001 |
|
|
Educational Cess |
|
0.000 |
|
|
|
|
----------- |
|
|
|
|
0.001 |
|
|
Interest u/s 234 A/B/C |
|
0.000 |
|
|
|
|
----------- |
|
|
|
|
0.001 |
|
|
Deposit u/s 140A |
|
0.001 |
|
|
|
|
----------- |
|
|
Refundable (Round off u/s 288B) |
|
0.000 |
|
------------------------------------------------------------------------------------------------------------------------------
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
OPERATING STATEMENT
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
2016 |
2017 |
2018 |
2019 |
2020 |
|
|
|
[Projection] |
||||
|
1 |
Gross Sales |
0.900 |
1.500 |
1.800 |
1.200 |
2.400 |
|
|
1. Domestic Sales |
|
|
|
|
|
|
|
2. Export Sales |
|
|
|
|
|
|
|
3. Job Work/ Scrap Labour Income |
|
|
|
|
|
|
|
Total |
0.900 |
1.500 |
1.800 |
1.200 |
2.400 |
|
|
|
|
|
|
|
|
|
2 |
Less: VAT Sales Tax |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
3 |
Net Sales |
0.900 |
1.500 |
1.800 |
1.200 |
2.400 |
|
|
|
|
|
|
|
|
|
4 |
%age rise (+) or fall (-) in net sales as compared to previous year |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
5 |
Cost of Sales |
|
|
|
|
|
|
|
1. Raw Material [Including stores and other items used in the process of manufacture] |
|
|
|
|
|
|
|
- Imported |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
- Indigenous |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
2. Rent, Rates and Taxes |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
3. Other Spares |
|
|
|
|
|
|
|
- Imported |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
- Indigenous |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Repairs and Maintenance |
0.000 |
0.025 |
0.030 |
0.035 |
0.040 |
|
|
|
|
|
|
|
|
|
|
4. Power and Fuel |
0.006 |
0.010 |
0.012 |
0.014 |
0.016 |
|
|
|
|
|
|
|
|
|
|
5. Direct Labour |
0.120 |
0.250 |
0.275 |
0.300 |
0.330 |
|
|
|
|
|
|
|
|
|
|
6. Other Manufacturing Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
7. Depreciation |
0.236 |
0.219 |
0.202 |
0.187 |
0.173 |
|
|
|
|
|
|
|
|
|
|
Sub-total [1 + 6] |
0.362 |
0.504 |
0.519 |
0.536 |
0.559 |
|
|
|
|
|
|
|
|
|
|
7. Add: Opening stock in process |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Sub-total |
0.362 |
0.504 |
0.519 |
0.536 |
0.559 |
|
|
|
|
|
|
|
|
|
|
8. Less: Closing Stock in process |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Cost of Production |
0.362 |
0.504 |
0.519 |
0.536 |
0.559 |
|
|
|
|
|
|
|
|
|
|
9. Add: Opening stock of finished goods |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Sub-total |
0.362 |
0.504 |
0.519 |
0.536 |
0.559 |
|
|
|
|
|
|
|
|
|
|
10. Less: Closing Stock of finished goods |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Total Cost of Sales |
0.362 |
0.504 |
0.519 |
0.536 |
0.559 |
|
|
|
|
|
|
|
|
|
6 |
Selling, General & Administrative Expenses |
0.090 |
0.150 |
0.180 |
0.210 |
0.240 |
|
|
|
|
|
|
|
|
|
7 |
Sub-total |
0.452 |
0.654 |
0.699 |
0.746 |
0.799 |
|
|
|
|
|
|
|
|
|
8 |
Operating Profit before Interest |
0.448 |
0.846 |
1.101 |
1.354 |
1.601 |
|
|
|
|
|
|
|
|
|
9 |
Interest |
0.075 |
0.276 |
0.217 |
0.150 |
0.082 |
|
|
|
|
|
|
|
|
|
10 |
Operating Profit after Interest |
0.373 |
0.570 |
0.884 |
1.204 |
1.519 |
|
|
|
|
|
|
|
|
|
11 |
1. Add: Other Non-Operating Income |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Sub-total [Income] |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
2. Deduct: Other Non-Operating Expenses |
|
|
|
|
|
|
|
Preliminary Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Sub-total [Expenses] |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
3. Net off Other Non-Operating Income/ Expenses [Net off] |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
12 |
Profit before Tax/ (Loss) |
0.373 |
0.570 |
0.884 |
1.204 |
1.519 |
|
|
|
|
|
|
|
|
|
13 |
Provision for Taxes |
0.000 |
0.015 |
0.072 |
0.143 |
0.241 |
|
|
|
|
|
|
|
|
|
14 |
Net Profit [12-13] |
0.373 |
0.555 |
0.812 |
1.061 |
1.278 |
|
|
|
|
|
|
|
|
|
15 |
Equity Dividend Paid |
|
|
|
|
|
|
|
Dividend Rate |
2.50 |
3.00 |
5.00 |
6.00 |
7.50 |
|
|
|
|
|
|
|
|
|
16 |
Retained Profit
[14-15] |
0.123 |
0.255 |
0.312 |
0.461 |
0.528 |
|
|
|
|
|
|
|
|
|
17 |
Retained Profit / Net Profit (%age) |
33% |
46% |
38% |
43% |
41% |
------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BALANCE SHEET
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
2016 |
2017 |
2018 |
2019 |
2020 |
|
|
|
[Projection] |
||||
|
|
CURRENT LIABILITIES |
|
|
|
|
|
|
1 |
Short
term borrowings from banks (incl. Bills purchased, discounted & excess
borrowings placed on repayment basis) |
|
|
|
|
|
|
|
From Applicant Bank |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
From
Trading Business |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
2 |
Short
term borrowings from others |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
3 |
Sundry
Creditors [Trade] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
4 |
Advance/
Progress payments from customers/ deposits from dealers |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
5 |
Provision
for Taxation |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
6 |
Vehicle
Loan Instalment |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
7 |
Other
Statutory Liabilities [due within one year] |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
8 |
Deposits/
Instalment of Term Loans/ DPGs/ Debentures etc. (due within one year) |
0.396 |
0.528 |
0.528 |
0.528 |
0.383 |
|
|
|
|
|
|
|
|
|
9 |
Other
current liabilities & Provisions (due
within one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
10 |
TOTAL CURRENT LIABILITIES |
0.396 |
0.528 |
0.528 |
0.528 |
0.383 |
|
|
|
|
|
|
|
|
|
|
TERM LIABILITIES |
|
|
|
|
|
|
11 |
Debentures
|
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
12 |
Preference Shares [redeemable after one
year] |
|
|
|
|
|
|
|
Vehicle Loan |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
13 |
Term
loans [Excluding Inst. Payable within 1 year] |
1.967 |
1.439 |
0.911 |
0.383 |
0.000 |
|
|
|
|
|
|
|
|
|
|
SHORT TERM LOAN |
|
|
|
|
|
|
14 |
Deferred
Payment Credits (excl. instalments due within one year) |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
15 |
Term
Deposits (repayable after one year) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Deferred Tax Liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
16 |
Other
Term Liabilities [Unsecured Loans] |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
17 |
TOTAL TERM LIABILITIES |
1.967 |
1.439 |
0.911 |
0.383 |
0.000 |
|
|
|
|
|
|
|
|
|
18 |
TOTAL OUTSIDE LIABILITIES |
2.363 |
1.967 |
1.439 |
0.911 |
0.383 |
|
|
|
|
|
|
|
|
|
|
NET WORTH |
|
|
|
|
|
|
19 |
Ordinary
Share Capital |
0.960 |
1.215 |
1.527 |
1.988 |
2.516 |
|
|
|
|
|
|
|
|
|
20 |
General
Reserve |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
21 |
Revaluation
Reserve |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
22 |
Other
Reserves (excluding provisions) [subsidy] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
23 |
Profit
& Loss Account |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
24 |
NETWORTH |
0.960 |
1.215 |
1.527 |
1.988 |
2.516 |
|
|
|
|
|
|
|
|
|
25 |
TOTAL
LIABILITIES |
3.323 |
3.182 |
2.966 |
2.899 |
2.899 |
|
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
|
|
26 |
Cash
& Bank balances |
0.309 |
0.237 |
0.073 |
0.043 |
0.066 |
|
|
|
|
|
|
|
|
|
27 |
Investments [other than long term
investments eg. Sinking fund etc.] |
|
|
|
|
|
|
|
- Govt. and other trustee securities |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
- Fixed Deposits with banks |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
28 |
Receivables other than Deferred and Export |
|
|
|
|
|
|
|
Domestic Receivables |
0.100 |
0.250 |
0.400 |
0.550 |
0.700 |
|
|
Export Receivables |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
29 |
Installments of deferred receivables [due
within 1 year] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
30 |
Inventory |
|
|
|
|
|
|
|
(i)
Raw materials (including stores and other items in process of manufacture) |
|
|
|
|
|
|
|
(a)
Imported |
-- |
-- |
-- |
-- |
-- |
|
|
(b)
Indigenous |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
(ii)
Stock-in-process |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
(iii)
Finished Goods |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
(iv)
Other consumable stores |
|
|
|
|
|
|
|
(a)
Imported |
-- |
-- |
-- |
-- |
-- |
|
|
(b)
Indigenous |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
31 |
Advance
to suppliers of Raw materials |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
32 |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
33 |
Other
current assets |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
34 |
TOTAL CURRENT ASSETS |
0.409 |
0.487 |
0.473 |
0.593 |
0.766 |
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
|
|
|
|
|
|
35 |
Gross
Block |
3.150 |
3.150 |
3.150 |
3.150 |
3.150 |
|
|
|
|
|
|
|
|
|
36 |
Depreciation
to date |
0.236 |
0.455 |
0.657 |
0.844 |
1.017 |
|
|
|
|
|
|
|
|
|
37 |
Net Block (35-36) |
2.914 |
2.695 |
2.493 |
2.306 |
2.133 |
|
|
|
|
|
|
|
|
|
|
OTHER NON-CURRENT ASSETS |
|
|
|
|
|
|
38 |
Investments in subsidiary companies |
|
|
|
|
|
|
|
Investments in Subsidiary companies |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Others |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Advance to suppliers of Capital Goods and
Contractor |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Deferred receivables over six months |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Others Jantan Cooperative Bank Shares |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
39 |
Non-Consumable Stores/ Spares |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
40 |
Other
non-current assets including dues from Directors |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
41 |
Total Other Non-Current Assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
42 |
Intangible
assets (patents, goodwill, prelim, expenses, bad/ doubtful debts not provided
for etc.) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
43 |
TOTAL
ASSETS |
3.323 |
3.182 |
2.966 |
2.899 |
2.899 |
|
|
|
|
|
|
|
|
|
|
Tangible Net worth |
0.960 |
1.215 |
1.527 |
1.988 |
2.516 |
|
|
|
|
|
|
|
|
|
|
Net Working Capital |
0.013 |
(0.041) |
(0.055) |
0.065 |
0.383 |
|
|
|
|
|
|
|
|
|
|
Current Ratio |
1.03 |
0.92 |
0.90 |
1.12 |
2.00 |
|
|
|
|
|
|
|
|
|
|
Total Outside Liabilities / Net Worth |
2.46 |
1.62 |
0.94 |
0.46 |
0.15 |
------------------------------------------------------------------------------------------------------------------------------
FUND FLOW STATEMENT
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
2016 |
2017 |
2018 |
2019 |
2020 |
|
|
|
[Projection] |
||||
|
|
SOURCES |
|
|
|
|
|
|
|
Net
Profit (after tax) |
0.373 |
0.555 |
0.812 |
1.061 |
1.278 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
0.236 |
0.219 |
0.202 |
0.187 |
0.173 |
|
|
|
|
|
|
|
|
|
|
Increase
in Capital |
0.837 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase
in Term Liabilities (Including Term Loan Public Deposit) |
2.363 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Decrease in |
|
|
|
|
|
|
|
Fixed Assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Other Non-Current Assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Others Investment allowance – Subsidy |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Total |
3.809 |
0.774 |
1.014 |
1.248 |
1.451 |
|
|
|
|
|
|
|
|
|
|
USERS |
|
|
|
|
|
|
|
Net
Loss |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Decrease
in Capital |
0.250 |
0.300 |
0.500 |
0.600 |
0.750 |
|
|
|
|
|
|
|
|
|
|
Decrease
in Term Liabilities |
0.396 |
0.528 |
0.528 |
0.528 |
0.383 |
|
|
|
|
|
|
|
|
|
|
Increase
in |
|
|
|
|
|
|
|
Fixed Assets |
3.150 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Other Non-Current Assets |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Preliminary and Pre-Operative Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Dividend Payment |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Others |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Total |
3.796 |
0.828 |
1.028 |
1.128 |
1.133 |
|
|
|
|
|
|
|
|
|
3 |
Long term Loan/ deficit |
0.013 |
(0.054) |
(0.014) |
0.120 |
0.318 |
|
|
|
|
|
|
|
|
|
4 |
Increase/ Decrease in Current Assets |
0.409 |
0.078 |
(0.014) |
0.120 |
0.173 |
|
|
|
|
|
|
|
|
|
5 |
Increase/ Decrease in Current Liabilities
other than Bank Borrowing |
0.396 |
0.132 |
0.000 |
0.000 |
(0.145) |
|
|
|
|
|
|
|
|
|
6 |
Increase/ Decrease in Working Capital Gap |
0.013 |
(0.054) |
(0.014) |
0.120 |
0.318 |
|
|
|
|
|
|
|
|
|
7 |
Net
Surplus (+) / deficit (-) (Difference of 3 & 6) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
8 |
Increase/ Decrease in Bank Borrowings |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
INCREASE/ DECREASE IN NET SALES |
0.900 |
1.500 |
1.800 |
2.100 |
2.400 |
|
|
|
|
|
|
|
|
|
|
* Break up of (4) |
|
|
|
|
|
|
|
Increase/ Decrease in Raw material |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Stock in process |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in finished goods |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Receivables |
0.000 |
0.150 |
0.150 |
0.000 |
0.000 |
|
|
Domestic |
-- |
-- |
-- |
-- |
-- |
|
|
Export |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Stores & Spares |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Increase/ Decrease in Other Current Assets |
0.309 |
(0.072) |
(0.164) |
(0.030) |
0.023 |
|
|
|
|
|
|
|
|
|
|
Total |
0.309 |
0.078 |
(0.014) |
(0.030) |
0.023 |
------------------------------------------------------------------------------------------------------------------------------
COMPARATIVE STATEMENT OF CURRENT ASSETS
& CURRENT LIABILITIES
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
2016 |
2017 |
2018 |
2019 |
2020 |
|
|
|
[Projection] |
||||
|
1 |
CURRENT ASSETS |
|
|
|
|
|
|
|
Raw materials [including stores and other
items used in the process of manufacturer] |
|
|
|
|
|
|
|
Imported |
-- |
-- |
-- |
-- |
-- |
|
|
Month consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Indigenous |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Month consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Other consumable spares [excluding those included
under items] |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
Imported |
-- |
-- |
-- |
-- |
-- |
|
|
Month consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Indigenous |
-- |
-- |
-- |
-- |
-- |
|
|
Month consumption |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Packing and Fuel Expenses |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Stock in process Months cost of Production |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Finished Goods Months Cost Sales |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Receivables other than Deferred and Export
receivables [including bills purchased and discounted by bankers] |
0.100 |
0.250 |
0.400 |
0.550 |
0.700 |
|
|
|
|
|
|
|
|
|
|
Export Receivables [including bills
purchased and discounted by bankers] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Advance
to suppliers of Raw materials & stores/spares |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
Other
Current Assets [including cash and bank balances and deferred receivables due
within 1 year] |
0.309 |
0.237 |
0.073 |
0.043 |
0.066 |
|
|
|
|
|
|
|
|
|
|
TOTAL CURRENT ASSETS [To agree with items 38 in Form IIIA] |
0.409 |
0.487 |
0.473 |
0.593 |
0.766 |
|
|
|
|
|
|
|
|
|
2 |
CURRENT LIABILITIES |
|
|
|
|
|
|
|
[Other than bank borrowings for working
capital] |
|
|
|
|
|
|
|
Creditors
for purchase of raw materials and stores and consumable spares |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
[Months purchase] |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Advance
from Customers |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Other
Statutory Liabilities |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
|
Other
Current Liabilities [major items to be specified individually] |
0.396 |
0.528 |
0.528 |
0.528 |
0.383 |
|
|
|
|
|
|
|
|
|
|
Sub Total [To agree with sub-total [8] in Form IIIA] |
0.396 |
0.528 |
0.528 |
0.528 |
0.383 |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF MAXIMUM PERMISSIBLE BANK
FINANCE FOR WORKING CAPITAL
(RS. IN MILLION)
|
SR. NO. |
PARTICULARS |
2016 |
2017 |
2018 |
2019 |
2020 |
|
|
|
[Projection] |
||||
|
|
|
|
|
|
|
|
|
1 |
Total Current Assets (Form IV) |
0.409 |
0.487 |
0.473 |
0.593 |
0.766 |
|
|
|
|
|
|
|
|
|
2 |
Other Current Liabilities |
0.396 |
0.528 |
0.528 |
0.528 |
0.383 |
|
|
|
|
|
|
|
|
|
3 |
Working Capital Gap |
0.013 |
(0.041) |
(0.055) |
0.065 |
0.383 |
|
|
|
|
|
|
|
|
|
4 |
Minimum stipulated net working Capital -
25% of total current assets other than Export Receivables |
0.102 |
0.122 |
0.118 |
0.148 |
0.191 |
|
|
|
|
|
|
|
|
|
5 |
Actual/Projected net working capital |
0.013 |
(0.041) |
(0.055) |
0.065 |
0.383 |
|
|
|
|
|
|
|
|
|
6 |
Item 3 minus item 4 |
(0.089) |
(0.163) |
(0.173) |
(0.083) |
0.192 |
|
|
|
|
|
|
|
|
|
7 |
Item 3 minus item 5 |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
8 |
Maximum permissible bank finance (item 6 or
7) |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
9 |
Excess borrowings, if any representing short
fall in NWC |
0.000 |
0.000 |
0.000 |
0.000 |
0.000 |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. BRIJESH P. PATEL
(RS. IN MILLION)
BANK
A/C
|
Bank |
Branch |
S/B, C/D A/c.
No. |
Last 6 Months
Avg. Balance |
|
|
|
|
|
|
Bank of India |
Anand Station Road, Anand, Gujarat, India |
Saving Account 280110100026285 13.04.2006 |
Rs. 0.010 Million |
DETAILS
OF ASSETS
MOVABLE PROPERTY
INSURANCE POLICIES
|
Name of Company
& Branch |
Policy No |
Dt. of issue |
Surrender Value |
Annual premium |
|
Bhartiya Jeevan Bima Nigam |
879132459 |
28.11.2013 |
0.200 |
0.012 |
|
|
|
|
|
|
|
Bhartiya Jeevan Bima Nigam |
877626571 |
23.05.2011 |
0.150 |
0.010 |
|
|
|
|
|
|
|
Bhartiya Jeevan Bima Nigam |
877626670 |
26.04.2011 |
0.100 |
0.027 |
VEHICLES
|
Type of Vehicle |
Model |
Year to make |
Cost at the time
of purchase |
RC Book details |
Present Value |
|
|
|
|
|
|
|
|
Car |
Logan |
2012 |
0.550 |
GJ23 7297 |
0.350 |
|
|
|
|
|
|
|
|
Honda |
Splendor |
2010 |
0.055 |
GJ23 2209 |
0.035 |
JEWELLERY
|
|
Quantity |
Valuation
(Approx.) |
|
Gold |
20 kg |
0.600 |
|
|
|
|
|
Silver |
40 kg |
0.120 |
CAPITAL INVESTED IN BUSINESS
|
Name of Firm |
Amount in
Million |
|
|
|
|
Pro Digital Press |
0.960 |
LEGAL
HEIRS / FAMILY PARTICULARS
|
Name |
Occupation |
Relation |
Age |
Marital Status |
Address |
|
Jamina |
Housewife |
Wife |
32 Years |
Married |
801, Desai Complex,
Behind Civil Court, Gokul Wadi, Anand – 388001, Gujarat, India |
|
|
|
|
|
|
|
|
Sanvi |
-- |
Daughter |
6 Months |
Unmarried |
------------------------------------------------------------------------------------------------------------------------------
TRADE REFERENCES
· Chamunda Multimax, Ahmedabad (91-9375818336)
· Hari Om Lamination (91-9898086624)
· Pixels Creation (91-9173378297)
· Mansi Movies (91-9574332097)
· S.G. Creation Hub, Anand (91-7802871723)
------------------------------------------------------------------------------------------------------------------------------
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 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. 66.32 |
|
UK Pound |
1 |
Rs. 98.99 |
|
Euro |
1 |
Rs. 72.13 |
INFORMATION DETAILS
|
Information
Gathered by : |
PPT |
|
|
|
|
Analysis Done by
: |
AMR |
|
|
|
|
Report Prepared
by : |
BVA |
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.