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Report No. : |
308000 |
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Report Date : |
17.02.2015 |
IDENTIFICATION DETAILS
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Name : |
AIRASIA (INDIA) PRIVATE LIMITED |
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Registered
Office : |
Elphinstone Building, 10, Veer Nariman Road, Mumbai – 400001, Maharashtra |
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Country : |
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Date of
Incorporation : |
28.03.2013 |
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Com. Reg. No.: |
11-241447 |
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Capital
Investment / Paid-up Capital : |
Rs.500.500 Millions |
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CIN No.: [Company Identification
No.] |
U62200MH2013PTC241447 |
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TIN No.: |
Not Available |
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IEC No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMA43586E |
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PAN No.: [Permanent Account No.] |
AALCA4699P |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Providing Air Transport Services. |
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No. of Employees
: |
Information denied by management |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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- |
NB |
New Business |
- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company and yet to established itself gradually. Management of the company has not filed its financial since its
incorporation and also denied to disclose any information about the company. As per registrar of companies the status of the company is shown as
active. Payment terms are unknown. The company can be considered for business dealings on a 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.
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
Management Non Co-Operative (Tel No.: 91-22-66658282)
LOCATIONS
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Registered Office : |
Elphinstone Building, 10, Veer Nariman Road, Mumbai – 400001, Maharashtra, India |
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Tel. No.: |
91-22-66657644 |
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Fax No.: |
91-22-66657717 |
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E-Mail : |
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Website : |
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The Technical and
Operational Address / Corporate Office : |
Line Maintenance Building, Chennai Airport, Grand Southern Trunk Road, Chennai - 600027, Tamilnadu, India |
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Tel. No.: |
91-44-22560492 |
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Fax No.: |
91-44-22560493 |
DIRECTORS
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Name : |
Mr. Ramadorai
Subramanian |
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Designation : |
Director |
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Address : |
Flat No.1, First
Floor, Wyoming, Little Gibbs Road,, Malabar Hill, Mumbai - 400006,
Maharashtra, India |
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Date of Birth/Age : |
30.04.1964 |
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Date of Appointment : |
11.06.2013 |
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DIN No.: |
00000002 |
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Name : |
Mr. Bharat Damodar
Vasani |
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Designation : |
Director |
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Address : |
F-601, Floor, 6th,
Ashok Gardens, T2, 180/188, T. J. Road, Sewree, Mumbai - 400015, Maharashtra,
India |
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Date of Birth/Age : |
24.08.1958 |
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Date of Appointment : |
28.03.2013 |
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DIN No.: |
00040243 |
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Name : |
Mr. Arun Kumar Bhatia |
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Designation : |
Director |
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Address : |
48-A, Jor Bagh,
New Delhi - 110003, India |
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Date of Birth/Age : |
24.03.1948 |
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Date of Appointment : |
28.03.2013 |
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DIN No.: |
00304453 |
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Name : |
Mr. Venkataramanan
Ramachandran |
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Designation : |
Director |
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Address : |
D 001 Great
Eastern Gardens, LBS Marg Kanjurmarg West, Mumbai - 400078, Maharashtra,
India |
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Date of Birth/Age : |
03.10.1974 |
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Date of Appointment : |
28.03.2013 |
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DIN No.: |
02504321 |
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Name : |
Mr. Anthony
Francis Fernandes |
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Designation : |
Director |
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Address : |
No. 17, Jalan
Birah, Damansara Heights, 50490, Kaula Lumpur W. Persekutuan, Kaula Lumpur,
50490, Malaysia |
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Date of Appointment : |
28.03.2013 |
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DIN No.: |
06488974 |
MAJOR SHAREHOLDERS
As on 11.03.2013
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Names of Shareholders |
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No. of Shares |
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Tata Sons Limited, India |
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25000 |
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Telestra Trade Place Private Limited, India |
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25000 |
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Total |
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50000 |
As on 18.04.2013
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Names of Allottees |
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No. of Shares |
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Air Asia Investment Limited, India
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24500000 |
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Tata Sons Limited, India |
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15000000 |
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Telestra Trade Place Private Limited, India |
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10500000 |
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Total |
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50000000 |
BUSINESS DETAILS
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Line of Business : |
Providing Air Transport Services.
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Products : |
-- |
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Brand Names : |
-- |
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Agencies Held : |
-- |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Not Divulged |
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Purchasing : |
Not Divulged |
PRODUCTION STATUS – NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information denied by management |
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Bankers : |
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Facilities : |
-- |
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Auditors : |
Not Divulged |
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Memberships : |
-- |
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Collaborators : |
-- |
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Sister Concern : |
Not Divulged |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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50050000 |
Equity Shares |
Rs.10/- each |
Rs.500.500 Millions |
Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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50050000 |
Equity Shares |
Rs.10/- each |
Rs.500.500 Millions |
FINANCIAL DATA
[all figures are in
Rupees Millions]
NEW COMPANY
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS NOT AVAILABLE
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Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
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1] |
Year of Establishment |
Yes |
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2] |
Locality of the firm |
Yes |
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3] |
Constitutions of the firm |
Yes |
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4] |
Premises details |
No |
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5] |
Type of Business |
Yes |
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6] |
Line of Business |
Yes |
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7] |
Promoter's background |
Yes |
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8] |
No. of employees |
No |
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9] |
Name of person contacted |
No |
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10] |
Designation of contact
person |
No |
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11] |
Turnover of firm for last
three years |
No |
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12] |
Profitability for last
three years |
No |
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13] |
Reasons for variation
<> 20% |
----------- |
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14] |
Estimation for coming
financial year |
No |
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15] |
Capital in the business |
Yes |
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16] |
Details of sister
concerns |
No |
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17] |
Major suppliers |
No |
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18] |
Major customers |
No |
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19] |
Payments terms |
No |
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20] |
Export / Import details (if
applicable) |
No |
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21] |
Market information |
---------- |
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22] |
Litigations that the firm
/ promoter involved in |
---------- |
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23] |
Banking Details |
No |
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24] |
Banking facility details |
No |
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25] |
Conduct of the banking
account |
---------- |
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26] |
Buyer visit details |
---------- |
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27] |
Financials, if provided |
No |
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28] |
Incorporation details, if
applicable |
Yes |
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29] |
Last accounts filed at
ROC |
No |
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30] |
Major Shareholders, if
available |
Yes |
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31] |
Date of Birth of Proprietor/Partner/Director,
if available |
Yes |
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32] |
PAN of
Proprietor/Partner/Director, if available |
No |
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33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
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34] |
External Agency Rating,
if available |
No |
INDEX OF CHARGE:
|
Sr. No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
10544448 |
15/12/2014 |
2,251,230,801.90 |
J.P. Morgan Europe Limited |
25 Bank Street, Canary Wharf, London, - E145 JP, United Kingdom |
C41140468 |
*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,
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.62.14 |
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|
1 |
Rs.95.78 |
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Euro |
1 |
Rs.71.05 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
VNT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
NEW BUSINESS |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.