MIRA INFORM REPORT

 

 

Report No. :

307084

Report Date :

11.02.2015

 

IDENTIFICATION DETAILS

 

Name :

INDIAN INSTITUTE OF TROPICAL METEOROLOGY

 

 

Registered Office :

Dr. Homi Bhabha Road, Pashan, Pune – 411008, Maharashtra

 

 

Country :

India

 

 

Financials (as on) :

Not Available

 

 

Date of Foundation :

17.11.1962

 

 

Capital Investment / Paid-up Capital :

Not Available

 

 

IEC No.:

Not Available

 

 

TIN No.:

Not Available

 

 

PAN No.:

[Permanent Account No.]

Not Available

 

 

Legal Form :

Scientific Research Institute

 

 

Line of Business :

To study the fundamental atmospheric problems and understand the mechanism of monsoon, weather systems and climate related processes in the tropical region, particularly over the monsoon region.

 

 

No. of Employees :

Not Available

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

Usually correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is the Organization of Scientific Research of the Government of India having satisfactory track record.

 

It is a World Centre of Excellence in Basic Research on the Ocean-Atmosphere Climate System required for improvement of Weather and Climate Forecasts.

 

Latest financials of the subject is not available.

 

However, Business is active. Payment terms are reported to be usually correct.

 

The subject can be considered normal for business dealing at usual trade terms and conditions.

 

NOTES:

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

EXTERNAL AGENCY RATING

 

Not Available

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2014.

 

 

INFORMATION DENIED BY

 

Name :

Mr. Kundan Dani

Designation :

Admin Department

Contact No.:

91-20-25904203

Date :

09.02.2015

 

 

LOCATIONS

 

Registered Office :

Dr. Homi Bhabha Road, Pashan, Pune-411008, Maharashtra, India

Tel. No.:

91-20-25904200

Fax No.:

91-20-25865142

 

 

MEMBERSHIP

 

 

ACTING DIRECTOR

 

Prof. B.N. Goswami has retired from the position of Director of IITM with effect from 31st July 2014 and Dr. R. Krishnan, Scientist G & Executive Director, Centre for Climate Change Research (CCCR), IITM has taken over the charge as Acting Director of IITM with effect from 1st August 2014 vide Office Order No. MoES/18/2014-Estt. dated 31 July 2014 by Ministry of Earth Sciences (MoES).

 

 

 

 

 GOVERNING COUNCIL

 

A Governing Council, constituted by the Government of India, is at the top of the administrative structure for the Institute in an advisory capacity overseeing the policy directions and related issues, while the Director has executive functions with day-to-day administrative control.  The following are the members of the Governing Council for the period 1 April 2012 to 31 March 2017:

 

 1.

Prof. V.K. Gaur
Chairman

Distinguished Professor,
Indian Institute of Astrophysics, 
Sarjapur Road, Bangalore - 560 034.

 2.

Prof. Ram Sagar 
Member

Director
Aryabhatta Research Institute of 
Observational Sciences, (ARIES),
Manora Park, Nainital - 263 129.

 3.

Dr. R.R. Kelkar 
Member

Retd. Director General of Meteorology
C-7,  Niranjan Complex, 
Sus Road, Pashan, Pune - 411 021.

 4.

Dr. J.N. Goswami 
Member

Director
Physical Research Laboratory,
Navaragapura, Ahmedabad - 380 009.

 5

Prof. U.C. Mohanty 
Member

Centre for Atmospheric Sciences
Indian Institute of Technology, Hauz Khas,

New Delhi - 110 016.

 6.

Prof. J. Srinivasan 
Member

Chairman,
Divecha Centre for Climate Change,
Centre for Atmospheric and Ocenic Sciences,
Indian Institute of Science, Bangalore - 560 012.

 7.

Dr. Swati Basu 
Member

Director, NCMRWF,
A-50, Institutional Area,Sector 62, Noida, 
Uttar Pradesh  - 201 307.

 8.

Dr. S.W.A. Naqvi 
Member

Scientisht 'H'
National Institute of Oceanography, 
Dona Paula, Goa - 403 004.

 9.

Secretary or his Nominee 
Member

Ministry of Earth Sciences,
Prithvi  Bhavan, Lodi Road,  
New Delhi  - 110 003.

 10.

Shri. Sashi Shekhar 
Member 

Additional Secretary and Financial Advisor,
Ministry of Earth Sciences,
Prithvi Bhavan, Lodi Road,
New Delhi  - 110 003.

 11.

Dr. L.S. Rathore 
Member

Director General of Meteorology, 
India Meteorological Department,
Lodi Road, New Delhi  - 110 003.

 12.

Dr. R. Krishnan
Member-Secretary    

Acting Director
Indian Institute of Tropical Meteorology,
Dr. Homi Bhabha Road, Pashan,
Pune  - 411 008 

 

 

RESEARCH ADVISORY COMMITTEE

 

The Research Advisory Committee of the Institute constitutes with the following Members. The tenure of the members would be for a period of 5 years i.e. till March 2017.

 

1.

Prof. V.K. Gaur 
Chairman

Indian Institute of Astrophysics
Bangalore 

2.

Prof. Probal Chaudhari 
Member

Indian Statistical Institute,

Kolkata

3.

Prof. G.S. Bhat
Member

Center for Atmospheric and 
Oceanic Sciences,
Indian Institute of Science, Bangalore 

4.

Prof. Raghu Murtugudde 
Member

University of Maryland, 
USA

5.

Prof. S. Krishnaswamy 
Member 

Physical Research Laboratory,
Ahmedabad

6.

Prof. Pradeep Mujumdar 
Member

Indian Institute of Science
Bangalore

7.

Dr. R. Krishnan 
Member

Acting Director
Indian Institute of Tropical Meteorology
Dr. Homi Bhabha Road, Pashan, Pune  411008

 

8.

Dr. G. Beig 
Member Convener

Scientist F 
Indian Institute of Tropical Meteorology
Dr. Homi Bhabha Road, Pashan, Pune  411008

 

 

FINANCE COMMITTEE

 

The Finance Committee of the Institute constitutes with the following Members

 

1.

Prof. V. K. Gaur
Chairman

Chairman, Governing Council, IITM
Indian Institute of Astrophysics,
Sarjapur Road, Bangalore - 560034

2.

Representative of Secretary 
Member

Ministry of Earth Sciences,
Mahasagar Bhavan, 
Block No. 12, CGO Complex, Lodi Road,
New Delhi - 110003

3.

Shri Sashi Shekhar 
Member

Additional Secretary and Financial Advisor,
Ministry of Earth Sciences,
Mahasagar Bhavan,
Block No. 12, CGO Complex, Lodi Road, New Delhi - 110003

4.

Dr. R. Krishnan 
Member Secretary

Acting Director 
Indian Institute of Tropical Meteorology,
Dr. Homi Bhabha Road, Pashan, Pune - 411008

 

 

RESEARCH CATEGORY

 

 DIRECTOR

 1.

Prof. B.N. Goswami

 

SCIENTIST-G 

Dr. R.Krishnan

 

SCIENTIST-F 

Dr. Gufran Beig

Dr. A.K.Sahai

3

Dr. S.R. Anguluri

 

SCIENTIST- E 

1

Dr. P.S.P.Rao

2

Dr. K. Ashok

3

Dr. H.P.Borgaonkar

4

Dr. C. Gnanaseelan

5

Dr. S.D.Pawar

6

Dr.(Smt) Thara Prabhakaran

7

Dr. S.Chakraborty

8

Dr. D.M.Chate

9

Dr. G. Pandithurai

10

Dr. (Smt) A.A.Kulkarni

11

Dr. Kaushar Ali

 

 

SCIENTIST -D 

 

1

Dr. (Smt) I. S. Joshi

2

Smt. S.K.Patwardhan

3

Dr. (Smt.) N.R.Deshpande

4

Dr. B.D.Kulkarni

5

Dr. B.S.Murthy

6

Sh. V. Gopalkrishnan

7

Dr. Sanjay J.

8

Sh. T. Dharmaraj

9

Dr.(Smt) S.B.Morwal

10

Dr. Anupam Hazra

11

Dr. Y. Jaya Rao

12

Dr. M.N.Patil

13

Sh. A.B. Sikder

14

Dr. S.B.Debaje

15

Dr. C.G. Deshpande

16

Dr. P.D. Safai

17

Dr.(Smt.) S.K.Mandke

18

Sh. S. Mahapatra

19

Dr. Suresh Tiwari

20

Dr. Ramesh Vellore

21

Dr. (Smt.) S.S.Fadanavis

22

Dr. P. Mukhopadhyay

23

Shri S.D. Bansod

24

Dr. Vinu Valsala

25

Dr.(Smt) Padma Kumari

26

Dr. H. S. Chaudhari

27

Dr. D.R. Kothawale

28

Dr. G.S. Meena

29

Dr. Devendra Siingh

30

Dr. Subodh Kumar Saha

31

Dr. Milind Mujumdar

32

Dr. (Kum) S.S.Nandargi

33

Sh. P. Murugvel

34

Dr. (Smt.) J.V.Revadekar

35

Sh. S.M.D. Jeelani (Comp. Engg.)

36

Dr. Anoop Mahajan

37

Smt. Shompa Das

38

Dr. (Smt.) A.A.Deo

39

Dr. Shivasai Dixit

40

Sh. K.K. Dani

41

Dr. R.S. Maheskumar

42

Dr. Sachin D. Ghude

43

Dr. S.G. Narkhedkar

44

Smt. Susmitha Joseph

45

Sh. Srinivas Pentakota

46

Dr. K.M.C. Reddy

47

Dr. Abhilash S.

 

SCIENTIST -C 

1

Shri Prem Singh

2

Sh.N.K.Agarwal

3

Sh.S.S.Mulye

4

Sh.D.K.Trivedi

5

Smt M.K.Kulkarni

6

Sh. S.S.Sabade

7

Dr. (Smt) Swapna P.

8

Dr. Hamza Varikoden

9

Sh. S.B. Kakade

10

Smt. Sompriti Deb Roy

11

Smt. R. Latha

12

Sh. K. Chakravarty

13

Dr. (Smt.) Aparna Krishnamurthy

14

Shri Abhay S. D. Rajput

15

Dr. S.M. Deshpande

16

Dr. Roxy Mathew Koll

17

Sh. Mata Mahakur

18

Smt. M.N. Kulkarni

19

Sh. Deen Mani Lal

20

Dr. (Smt.)  Amita Ajay Prabhu

21

Dr. Ramesh K. Yadav

22

Dr. Samir Pokhrel

23

Dr A. B. Parekh

24

Smt. Preethi Bhaskar

25

Sh. S. De

26

Dr. P. R.C. Reddy

27

Dr. Y.K. Tiwari

28

Smt. R.V. Bhalvankar

29

Dr. S. Sengupta

30

Dr. S.K. Das

31

Dr. J.S. Chowdhary

32

Dr. Prashant A. Pillai

33

Dr.(Smt) M. S. Deshpande

34

Dr. Naveen Gandhi

35

Dr. Rajib Chattopadhyay

36

Dr. Abhilash Panickar

37

Shri Jnaesh S.P. (Electrical Engg.)

38

Sh. R.M.Bankar (Mech. Engg.)

39

Sh. A.K.Saxena (Civil Engg.)

40

Sh. Sabin T.P.

41

Dr. A.K.Srivastava

42

Shri M.I.R. Tinmaker

43

Shri Mahesh Dharua (Mech. Engg.)

44

Dr. Phani Murali Krishna

45

Dr. K.P. Suraj

46

Sh. H.N. Singh

47

Sh. Mahen Konwar

48

Smt. Anika Arora

49

Shri. Siddharth Kumar

50

Shri S.P.Ghanekar

51

Shri S.M.Sonbawane

52

Smt. Ayantika Dey Choudhury

53

Shri G.R. Chintalu

54

Shri Somaru Ram

 

 

SCIENTIST B 

 

1

Sh. Appala Ramu Dandi

2

Ms Leena P.P.

3

Ms Renu Siddharth

4

Smt. Resmi E.A.

5

Smt Sathy Nair

6

 Smt. U.S.Iyer

7

 Smt. Asha Nath

8

 Shri M.D. Chipade

9

 Shri S.K. Saha

10

 Shri. Tanmay Goswami

11

 Shri. Malay Ganai

12

 Shri. Sudarsan Bera

13

 Kum. Archana Rai

14

 Shri. Prajeesh A. G.

15

Shri Subharthi Chouduri

16

Kum. Rashmi Kakatkar

 

 

SCIENTIFIC OFFICER GRADE II

 

1

Smt. S.U.Athale

2

Shri Oommen Abraham

 

 

SCIENTIFIC OFFICER GRADE I

 

1

Smt. S.R.Inamdar

2

Smt. S.S.Naik

3

Shri D.W.Ganer

4

Smt. A.R.Seshagiri

5

Shri V.R. Mali

6

Smt. V.V.Sapre

7

Shri V.H. Sasane

8

Smt. S.B.Patankar

 

ADMINISTRATIVE CATEGORY JOINT MANAGER 

1

Sh. S.M.Hendre

 

 

BUSINESS DETAILS

 

Line of Business :

To study the fundamental atmospheric problems and understand the mechanism of monsoon, weather systems and climate related processes in the tropical region, particularly over the monsoon region.

 

GENERAL INFORMATION

 

Suppliers :

Not Available

 

 

Customers :

Not Available

 

 

No. of Employees :

Not Available

 

 

Bankers :

Not Available

 

 

Facilities :

--

 

 

 

Banking Relations :

--

 

 

Auditors :

Not Available

 

 

Institutional Membership :

1.     American Meteorological Society, U.S.A.

2.     Royal Meteorological Society, U.K.

3.     Indian Meteorological Society, New Delhi

4.     Indian Academy of Science for Current Science, Bangalore

5.     Indian Association of Hydrology, Roorkee

6.     National Association of Geographers India, New Delhi

7.     Indian Science Congress, Kolkata

8.     Deccan Geographical Society, Pune

9.     Computer Society of India, Mumbai

10.  Indian Association of Special Libraries and Information Centres, Kolkata

11.  Indian Meritime Foundation, Pune

 

 

CAPITAL STRUCTURE

 

Capital Investment :

 

Owned :

Not Available

Borrowed :

Not Available

Total :

Not Available

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

NOT AVAILABLE

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of Establishment

Yes

2]

Locality of the firm

Yes

3]

Constitutions of the firm

Yes

4]

Premises details

No

5]

Type of Business

Yes

6]

Line of Business

Yes

7]

Promoter's background

Yes

8]

No. of employees

No

9]

Name of person contacted

Yes

10]

Designation of contact person

Yes

11]

Turnover of firm for last three years

No

12]

Profitability for last three years

No

13]

Reasons for variation <> 20%

--

14]

Estimation for coming financial year

No

15]

Capital in the business

No

16]

Details of sister concerns

No

17]

Major suppliers

No

18]

Major customers

No

19]

Payments terms

No

20]

Export / Import details (if applicable)

No

21]

Market information

--

22]

Litigations that the firm / promoter involved in

--

23]

Banking Details

No

24]

Banking facility details

No

25]

Conduct of the banking account

--

26]

Buyer visit details

--

27]

Financials, if provided

No

28]

Incorporation details, if applicable

No

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

31]

Date of Birth of Proprietor/Partner/Director, if available

No

32]

PAN of Proprietor/Partner/Director, if available

No

33]

Voter ID No of Proprietor/Partner/Director, if available

No

34]

External Agency Rating, if available

No

 

HISTORY

 

The  need to study the fundamental atmospheric problems and understand the mechanism of monsoon, weather systems and climate related processes in the tropical region, particularly over the monsoon region, became acute for India in 1950’s when the country’s post-Independence economic development program was launched. Considering this need the World Meteorological Organization (WMO), in its Third Congress, recommended the creation of meteorological research and training institutes in the tropical countries. The proposal was formally approved by the Government of India in February 1962 as one of the schemes under its Third Five Year Plan and finally the Institute was founded as the Institute of Tropical Meteorology (ITM) on 17 November, 1962 at Pune (the then Poona), as a distinct unit of the India Meteorological Department (IMD).Consequent upon the recommendation of the Committee for Organization of Scientific Research (COSR) appointed by the Government of India the Institute was transformed into an autonomous organization on 1st April 1971 under the name Indian Institute of Tropical Meteorology (IITM). In the initial years, along with the IMD, the Institute functioned under the Ministry of Tourism and Civil Aviation, but later in 1985, it was brought under the Department of Science and Technology (DST) of the Ministry of Science & Technology and now, with effect from 12 July 2006 the IITM has been under the administrative control of the specially formed Ministry of Earth Sciences (MoES). 

Since its inception the Institute was functioning in Ramdurg House, one of the buildings of the IMD at Shivaji Nagar and at a few places on rental basis in Pune till IITM has its own building at Pashan. The campus at Pashan was developed in phased manner and some of the Divisions started functioning there from 1982 and the whole Institute from 1989.

IITM is a premiere research Institute to generate scientific knowledge in the field of meteorology and atmospheric sciences that has potential application in various fields such as agriculture, economics, health, water resources, transportation, communications, etc. It function as a national centre for basic and applied research in monsoon meteorology.

The Institute has a pride of place in the career of many eminent scientists, globally known for their contributions in Meteorology and Atmospheric Sciences. Prominent amongst them are late Prof. P.R.  Pisharory,   late   Prof. R. Ananthakrishnan, Prof. G.C. Asnani, Dr. R.P. Sarkar, Shri D.R. Sikka, Prof. R.N. Keshavamurty, Dr. R.R. Kelkar, Prof. Jagdish Shukla, Prof.  Sulochana Gadgil, etc

 

FUTURE PLANS

 

IITM has widened its objectives and scope of research activities, from time to time, to meet the critical challenges and the national needs for providing information relating to various aspects of atmosphere and the increasing concern among the Government and general public about a variety of environmental issues. To achieve its mission objectives, IITM has the following future plans:

·         To build a firm foundation in basic research on all aspects of tropical atmosphere-land-ocean system contributing to the improvement of weather and climate forecasts. 

·         To have reliable extended range prediction of the monsoon through development of a system for long range prediction of seasonal mean monsoon and extended range prediction of active/break spells. 

·         To develop major infrastructure required to improve the understanding of basic physics of tropical climate system through observations.

·         To produce a good number of trained manpower to work on monsoon prediction and address other vital problems in Meteorology.


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.62.14

UK Pound

1

Rs.94.79

Euro

1

Rs.70.38

 

 

INFORMATION DETAILS

 

Information Gathered by :

PRT

 

 

Analysis Done by :

DIV

 

 

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.