MIRA INFORM REPORT

 

 

Report No. :

356058

Report Date :

28.12.2015

 

IDENTIFICATION DETAILS

 

Name :

ROSEWOOD DEALTRADE PRIVATE LIMITED

 

 

Registered Office :

9, Lal Bazar Street, Kolkata – 700001, West Bengal

Tel. No.:

Not Available

 

 

Country :

India

 

 

Financials (as on) :

31.03.2014

 

 

Date of Incorporation :

14.01.2010

 

 

Com. Reg. No.:

141047

 

 

Capital Investment / Paid-up Capital :

Rs.3.122 Million

 

 

CIN No.:

[Company Identification No.]

U52390WB2010PTC141047

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

Not Available

 

 

PAN No.:

[Permanent Account No.]

Not Available

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Subject is carry on the business as buyers, sellers, traders, merchants, indentors, brokers, agents, commission agents, assemblers, refiners, cultivators miners, packers, stockiest, broker & sub broker, distributors, producer, advisors, hire purchasers, of and all kinds of electrical and electronics goods such as wire, cables, underground cable, main switch, electrical accessories and fittings, electrical fans, television, juicer, computers, radios, refrigerators, electronics typewriters, videos, cassettes and calculators etc. (From Indirect Sources)

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (27)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

USD 431000

 

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

Comments :

Subject was incorporated in the 2010 and it is having moderate track record.

 

The rating takes into account on company’s moderate financial profile, marked by its modest networth base and small scale of business operations.

 

However, trade relations are fair. Business is active. Payments terms are reported to be slow but correct.

 

In view of aforesaid, the company can be considered for business dealings with some cautions.

 

NOTE: Management of the company has not filed its financial with the Government Department for the year 2015.

 

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

 

Rating Agency Name

Not Available

Rating

Not Available

Rating Explanation

Not Available

Date

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.

 

 

LOCATIONS

 

Registered Office :

9, Lal Bazar Street, Kolkata – 700001, West Bengal, India

Tel. No.:

Not Available

Fax No.:

Not Available

E-Mail :

rosewood.dealtrade@rediffmail.com

 

 

DIRECTORS

 

AS ON 30.09.2014

 

Name :

Samar Dey

Designation :

Director

Address :

30/2 , Northern Avenue, Chitpur, Kolkata - 700001, West Bengal, India

Date of Birth/Age :

12.12.1965

Date of Appointment :

14.01.2010

DIN No.:

02745898

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U52390WB2010PTC140934

COMFORT VINTRADE PRIVATE LIMITED

Director

11/01/2010

11/01/2010

-

Active

NO

2

U52390WB2010PTC140960

GRACEFUL VINCOM PRIVATE LIMITED

Director

12/01/2010

12/01/2010

-

Active

NO

3

U52390WB2010PTC141047

ROSEWOOD DEALTRADE PRIVATE LIMITED

Director

14/01/2010

14/01/2010

-

Active

NO

4

U52390WB2010PTC141045

DREAMLAND BARTER PRIVATE LIMITED

Director

14/01/2010

14/01/2010

-

Active

NO

5

U52390WB2010PTC141108

STREAM COMMERCIAL PRIVATE LIMITED

Director

15/01/2010

15/01/2010

-

Active

NO

6

U52190WB2009PTC137706

SRIDEVI DEALTRADE PRIVATE LIMITED

Director

25/02/2010

25/02/2010

01/12/2011

Active

NO

7

U45203WB2010PTC142035

TRILOCHAN PROCON PRIVATE LIMITED

Director

25/02/2010

25/02/2010

01/12/2011

Active

NO

8

U45400WB2010PTC142032

RUDRA PROCON PRIVATE LIMITED

Director

25/02/2010

25/02/2010

16/11/2011

Active

NO

9

U52390WB2010PTC141969

BHOLANATH BARTER PRIVATE LIMITED

Director

25/02/2010

25/02/2010

29/10/2015

Active

NO

10

U52390WB2010PTC142010

AUGARDH COMMERCIAL PRIVATE LIMITED

Director

26/02/2010

26/02/2010

26/10/2015

Active

NO

11

U52390WB2010PTC142122

MAHADEV COMMOSALES PRIVATE LIMITED

Director

26/02/2010

26/02/2010

27/10/2015

Active

NO

12

U52390WB2010PTC142011

BHAIRAV BARTER PRIVATE LIMITED

Director

26/02/2010

26/02/2010

27/10/2015

Active

NO

13

U52390WB2010PTC142012

SHAMBHU DEALCOM PRIVATE LIMITED

Director

26/02/2010

26/02/2010

30/10/2015

Active

NO

14

U52390DL2010PTC286430

RISHIKESH BARTER PRIVATE LIMITED

Director

26/02/2010

26/02/2010

-

Active

NO

15

U70102WB2010PTC142517

DAIVYA INFRATECH PRIVATE LIMITED

Director

26/02/2010

26/02/2010

14/03/2012

Active

NO

16

U52390WB2010PTC142519

HARIDWAR TIE-UP PRIVATE LIMITED

Director

26/02/2010

26/02/2010

-

Active

NO

17

U51101WB2010PTC142920

CAREFUL SALES PRIVATE LIMITED

Director

04/03/2010

04/03/2010

24/06/2011

Active

NO

18

U51101WB2010PTC142985

FANTASY DEALERS PRIVATE LIMITED

Director

05/03/2010

05/03/2010

16/04/2015

Active

NO

19

U51909WB2010PTC142983

JHANKAR AGENCIES PRIVATE LIMITED

Director

05/03/2010

05/03/2010

-

Active

NO

20

U51101WB2010PTC142990

CRAZY SUPPLIERS PRIVATE LIMITED

Director

05/03/2010

05/03/2010

14/02/2012

Strike off

NO

21

U51909WB2010PTC142994

COSMOS DISTRIBUTORS PRIVATE LIMITED

Director

05/03/2010

05/03/2010

-

Active

NO

22

U51909WB2010PTC142995

CHAMPAK VINIMAY PRIVATE LIMITED

Director

05/03/2010

05/03/2010

01/03/2011

Active

NO

23

U52390WB2010PTC142989

EDITION DEALTRADE PRIVATE LIMITED

Director

05/03/2010

05/03/2010

-

Active

NO

24

U52190WB2010PTC143037

DOWNHILL TRADERS PRIVATE LIMITED

Director

08/03/2010

08/03/2010

-

Active

NO

25

U52190WB2010PTC143035

CLARITY VANIJYA PRIVATE LIMITED

Director

08/03/2010

08/03/2010

-

Active

NO

26

U52390WB2010PTC143175

INDEX SALES PRIVATE LIMITED

Director

09/03/2010

09/03/2010

09/06/2014

Active

NO

27

U52390WB2010PTC143162

INCREDIBLE DEALERS PRIVATE LIMITED

Director

09/03/2010

09/03/2010

-

Active

NO

28

U52390WB2010PTC143172

CIRCULAR VANIJYA PRIVATE LIMITED

Director

09/03/2010

09/03/2010

-

Active

NO

29

U52390WB2010PTC143161

DIVERSITY VINIMAY PRIVATE LIMITED

Director

09/03/2010

09/03/2010

23/04/2014

Active

NO

30

U52390WB2010PTC143174

OSKAR VINCOM PRIVATE LIMITED

Director

09/03/2010

09/03/2010

-

Active

NO

31

U52390WB2010PTC143444

DRAWBACK VANIJYA PRIVATE LIMITED

Director

12/03/2010

12/03/2010

23/12/2011

Active

NO

32

U51909WB2010PTC154752

ANUGRAH COMMOSALES PRIVATE LIMITED

Director

23/11/2010

23/11/2010

-

Active

NO

33

U52190WB2010PTC155025

SAHEJ AGENCIES PRIVATE LIMITED

Director

25/11/2010

25/11/2010

16/04/2015

Active

NO

34

U52190WB2010PTC155027

DOYEN COMMOSALE PRIVATE LIMITED

Director

25/11/2010

25/11/2010

16/04/2015

Active

NO

35

U52190WB2010PTC155028

TANGIBLE DEALERS PRIVATE LIMITED

Director

25/11/2010

25/11/2010

16/04/2015

Active

NO

36

U52190WB2010PTC155024

SANGINI MARKETING PRIVATE LIMITED

Director

25/11/2010

25/11/2010

16/04/2015

Active

NO

37

U52190WB2010PTC155599

ROSEBIRD COMMERCIAL PRIVATE LIMITED

Director

09/12/2010

09/12/2010

16/04/2015

Active

NO

38

U52190WB2010PTC155581

SAMBHAV DEALTRADE PRIVATE LIMITED

Director

09/12/2010

09/12/2010

16/04/2015

Active

NO

39

U52190WB2010PTC155585

DESERVE TRADELINKS PRIVATE LIMITED

Director

09/12/2010

09/12/2010

16/04/2015

Active

NO

40

U52190WB2010PTC155584

AAHAR MARKETING PRIVATE LIMITED

Director

09/12/2010

09/12/2010

16/04/2015

Active

NO

41

U52190WB2010PTC155582

SAFFRON DEALMARK PRIVATE LIMITED

Director

09/12/2010

09/12/2010

16/04/2015

Active

NO

42

U52190WB2010PTC155757

LEISURE TRADECOM PRIVATE LIMITED

Director

14/12/2010

14/12/2010

16/04/2015

Active

NO

43

U52190WB2010PTC155776

IMPROVE COMMOSALE PRIVATE LIMITED

Director

14/12/2010

14/12/2010

16/04/2015

Active

NO

44

U52190WB2010PTC155756

NIRALA BARTER PRIVATE LIMITED

Director

14/12/2010

14/12/2010

16/04/2015

Active

NO

45

U52190WB2010PTC155588

MANDIRA SALES PRIVATE LIMITED

Director

21/12/2010

21/12/2010

-

Active

NO

46

U52190WB2011PTC160883

SAFAL DEALMARK PRIVATE LIMITED

Director

17/03/2011

17/03/2011

16/04/2015

Active

NO

47

U52190WB2011PTC160884

ZEAL VINCOM PRIVATE LIMITED

Director

17/03/2011

17/03/2011

16/04/2015

Active

NO

48

U52190WB2011PTC160885

EVERGLOW TIE UP PRIVATE LIMITED

Director

17/03/2011

17/03/2011

16/04/2015

Active

NO

49

U52190WB2011PTC160887

DIVERSITY MARKETING PRIVATE LIMITED

Director

17/03/2011

17/03/2011

16/04/2015

Active

NO

50

U52190WB2011PTC160886

UNIMIND AGENCY PRIVATE LIMITED

Director

17/03/2011

17/03/2011

16/04/2015

Active

NO

51

U51909WB2008PTC128863

DISHA VINTRADE PRIVATE LIMITED

Director

11/01/2012

11/01/2012

-

Active

NO

 

 

Name :

Sumit Singh

Designation :

Director

Address :

313/76, Jessor Road, Kolkata - 700074, West Bengal, India

Date of Birth/Age :

26.12.1987

Date of Appointment :

14.01.2010

DIN No.:

02900044

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U52390WB2010PTC141047

ROSEWOOD DEALTRADE PRIVATE LIMITED

Director

14/01/2010

14/01/2010

-

Active

NO

2

U52390WB2010PTC141044

LITTLESTAR DISTRIBUTORS PRIVATE LIMITED

Director

14/01/2010

14/01/2010

-

Active

NO

3

U52390WB2010PTC141046

MELODY VINCOM PRIVATE LIMITED

Director

14/01/2010

14/01/2010

-

Active

NO

4

U52390WB2010PTC141045

DREAMLAND BARTER PRIVATE LIMITED

Director

14/01/2010

14/01/2010

-

Active

NO

5

U51909WB2008PTC127654

TANISHA SUPPLIERS PRIVATE LIMITED

Director

05/12/2011

05/12/2011

-

Active

NO

6

U45400WB2012PTC177489

ARUNESH DEVELOPERS PRIVATE LIMITED

Director

25/03/2012

25/03/2012

-

Active

NO

7

U45400WB2012PTC177509

ANTRAYAMI INFRASTRUCTURE PRIVATE LIMITED

Director

25/03/2012

25/03/2012

-

Active

NO

8

U52190WB2012PTC177644

GOODSHINE COMMERCE PRIVATE LIMITED

Director

26/03/2012

26/03/2012

-

Active

NO

9

U52190WB2012PTC177693

RANCHHOR DISTRIBUTORS PRIVATE LIMITED

Director

26/03/2012

26/03/2012

05/12/2014

Active

NO

10

U52190WB2012PTC177643

JAGMATA AGENCY PRIVATE LIMITED

Director

26/03/2012

26/03/2012

-

Active

NO

11

U52190WB2012PTC177646

JAHMAN AGENCY PRIVATE LIMITED

Director

26/03/2012

26/03/2012

-

Active

NO

12

U52190WB2012PTC177728

KALASHDHAN SALES PRIVATE LIMITED

Director

27/03/2012

27/03/2012

-

Active

NO

13

U52100WB2012PTC177809

RITUDHAN MARKETING PRIVATE LIMITED

Director

27/03/2012

27/03/2012

-

Active

NO

14

U52190WB2012PTC178267

SWAPNO BARTER PRIVATE LIMITED

Director

28/03/2012

28/03/2012

05/12/2014

Active

NO

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 30.09.2014

 

SHAREHOLDERS DETAILS FILE ATTACHED

 

Equity Share Break up (Percentage of Total Equity)

 

AS ON 30.09.2014

 

Category

Percentage

Bodies corporate

100.00

Total

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is carry on the business as buyers, sellers, traders, merchants, indentors, brokers, agents, commission agents, assemblers, refiners, cultivators miners, packers, stockiest, broker & sub broker, distributors, producer, advisors, hire purchasers, of and all kinds of electrical and electronics goods such as wire, cables, underground cable, main switch, electrical accessories and fittings, electrical fans, television, juicer, computers, radios, refrigerators, electronics typewriters, videos, cassettes and calculators etc. (From Indirect Sources)

 

 

Products :

  • Computers
  • Refrigerators
  • Videos
  • Cassettes
  • Television etc

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Available

 

 

Imports :

Not Available

 

 

Terms :

Not Available

 

PRODUCTION STATUS NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Not Available

Name of the Person :

Not Available

Contact No.:

Not Available

Since How Long Known :

Not Available

Maximum Limit Dealt :

Not Available

Experience :

Not Available

Remark:

Not Available

 

 

Customers :

Reference :

Not Available

Name of the Person :

Not Available

Contact No.:

Not Available

Since How Long Known :

Not Available

Maximum Limit Dealt :

Not Available

Experience :

Not Available

Remark:

Not Available

 

 

No. of Employees :

Not Available

 

 

Bankers :

Bank Name

Not Available

Branch

Not Available

Person Name (With Designation)

Not Available

Contact Number

Not Available

Name of Account Holder

Not Available

Account Number

Not Available

Account Since (Date/Year of Account Opening)

Not Available

Average Balance Maintained (If Possible)

Not Available

Credit Facilities Enjoyed (If any)

Not Available

Account Operation

Not Available

Remarks (If any)

Not Available

 

Auditors :

 

Name :

Mahato Prabir and Associates

Chartered Accountants

Address :

16/2G/1B, Dover Terrace, Kolkata – 700019, West Bengal, India

PAN No.:

AGZPM8354Q

 

 

Memberships :

Not Available

 

 

Collaborators :

Not Available

 

 

Associates/Subsidiaries :

Not Available

 

 

CAPITAL STRUCTURE

 

AS ON 30.09.2014

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

315,000

Equity Shares

Rs.10/- each

Rs.3.150 Million

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

312,200

Equity Shares

Rs.10/- each

Rs.3.122 Million

 


 

FINANCIAL DATA

[all figures are in Rupees Million]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

31.03.2014

31.03.2013

31.03.2012

 

 

 

 

I.              EQUITY AND LIABILITIES

 

 

 

(1)Shareholders' Funds

 

 

 

(a) Share Capital

3.122

3.122

3.122

(b) Reserves & Surplus

147.875

147.874

148.079

(c) Money received against share warrants

0.000

0.000

0.000

 

 

 

 

(2) Share Application money pending allotment

0.000

0.000

0.000

Total Shareholders’ Funds (1) + (2)

150.997

150.996

151.201

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

0.000

0.000

0.000

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

0.000

0.000

0.000

(d) long-term provisions

0.000

0.000

0.000

Total Non-current Liabilities (3)

0.000

0.000

0.000

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

0.000

0.000

0.000

(b) Trade payables

0.000

0.000

0.000

(c) Other current liabilities

0.004

0.006

0.006

(d) Short-term provisions

0.001

0.000

0.000

Total Current Liabilities (4)

0.005

0.006

0.006

 

 

 

 

TOTAL

151.002

151.002

151.207

 

 

 

 

II.          ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

0.000

0.000

0.000

(ii) Intangible Assets

0.000

0.000

0.000

(iii) Capital work-in-progress

0.000

0.000

0.000

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

137.652

137.552

135.547

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d)  Long-term Loan and Advances

0.000

0.000

0.000

(e) Other Non-current assets

0.000

0.015

0.030

Total Non-Current Assets

137.652

137.567

135.577

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

0.000

0.000

0.000

(c) Trade receivables

0.000

0.000

0.000

(d) Cash and cash equivalents

0.954

0.545

2.859

(e) Short-term loans and advances

12.358

2.263

2.144

(f) Other current assets

0.038

10.627

10.627

Total Current Assets

13.350

13.435

15.630

 

 

 

 

TOTAL

151.002

151.002

151.207

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2014

31.03.2013

31.03.2012

 

SALES

 

 

 

 

Income

NA

NA

NA

 

Other Income

NA

NA

NA

 

TOTAL

NA

NA

NA

 

 

 

 

 

Less

EXPENSES

NA

NA

NA

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX

NA

NA

NA

 

 

 

 

 

Less

TAX

NA

NA

NA

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX 

0.001

(0.205)

(0.001)

 

 

 

 

 

Add

PREVIOUS YEARS’ BALANCE BROUGHT FORWARD

(0.204)

0.001

0.002

 

 

 

 

 

 

Balance Carried to the B/S

(0.203)

(0.204)

0.001

 

 

 

 

 

 

Earnings / (Loss) Per Share (Rs.)

 0.00

(0.66)

 (0.00)

 

 

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

 

Particulars

 

31.03.2014

31.03.2013

31.03.2012

Current Maturities of Long term debt

NA

NA

NA

Cash generated from operations

NA

NA

NA

Net cash flow from (used in) operating activities

NA

NA

NA

 

 

KEY RATIOS

 

PARTICULARS

 

 

31.03.2014

31.03.2013

31.03.2012

Debt Equity Ratio

(Total Debt /Networth)

 

0.00

0.00

0.00

 

 

 

 

 

Current Ratio

(Current Asset/Current Liability)

 

2670.00

2239.17

2605.00

 

 

FINANCIAL ANALYSIS

[all figures are in Rupees Million]

 

DEBT EQUITY RATIO

 

Particular

31.03.2012

31.03.2013

31.03.2014

 

(Rs. In Million)

(Rs. In Million)

(Rs. In Million)

Share Capital

3.122

3.122

3.122

Reserves & Surplus

148.079

147.874

147.875

Share Application money pending allotment

0.000

0.000

0.000

Net worth

151.201

150.996

150.997

 

 

 

 

long-term borrowings

0.000

0.000

0.000

Short term borrowings

0.000

0.000

0.000

Total borrowings

0.000

0.000

0.000

Debt/Equity ratio

0.000

0.000

0.000

 

 

 

 

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

No

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

No

21

Banking facility details

No

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

Yes

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

Yes

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 CHARGES : NO CHARGES EXIST FOR COMPANY


 

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 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.66.20

UK Pound

1

Rs.98.29

Euro

1

Rs.72.41

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

Report Prepared by :

SNT

 


 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

3

PAID-UP CAPITAL

1~10

3

OPERATING SCALE

1~10

3

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

3

--PROFITABILITY

1~10

3

--LIQUIDITY

1~10

3

--LEVERAGE

1~10

3

--RESERVES

1~10

3

--CREDIT LINES

1~10

3

--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

 

27

 

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.