MIRA
INFORM REPORT
|
Report No. : |
308868 |
|
Report Date : |
20.02.2015 |
IDENTIFICATION DETAILS
|
Name : |
MODERN ROAD MAKERS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
IRB Complex, Chadivali Farm, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
15.03.1994 |
|
|
|
|
Com. Reg. No.: |
11-077075 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.310.950 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45203MH1994PTC077075 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMM10038A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACM3816F |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Development of
various infrastructure projects in the road sector through several Special
Purpose Vehicles. |
|
|
|
|
No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (52) |
|
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 a subsidiary of IRB infrastructure developers limited. It is well established company having satisfactory track record. The company has reported good profitability. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct and as per commitment. The company can be considered for business dealings 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.
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 (91-22-67336400)
LOCATIONS
|
Registered Office : |
IRB Complex, Chadivali Farm, |
|
Tel. No.: |
91-22-66404220 |
|
Fax No.: |
91-22-66751024 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
5000 sq. ft. (Approximately) |
|
Location : |
Owned |
|
|
|
|
Corporate Office : |
17 and 18, Nirmiti Eminence, Saint Gulavani Maharaj Path, Erndwane,
Pune – 411004, |
|
Tel. No.: |
91-20-25457480 |
|
Fax No. : |
91-20-25459582 |
DIRECTORS
AS ON 04.09.2014
|
Name : |
Mr. Virendra Dattatraya Mhaiskar |
|
Designation : |
Managing Director |
|
Address : |
IRB Complex, Chandivali Farm, Saki Vihar, Road, Andheri (East), Mumbai
- 400072, Maharashtra, India |
|
Date of Birth/Age : |
08.10.1971 |
|
Date of Appointment : |
15.03.1994 |
|
DIN No.: |
00183554 |
|
|
|
|
Name : |
Mr. Govind Guno Desai |
|
Designation : |
Director |
|
Address : |
Kedar Apartment, Bhandar Lane, L.J. Road, Mahim, Mumbai - 400015,
Maharashtra, India |
|
Date of Birth/Age : |
04.06.1933 |
|
Date of Appointment : |
28.04.2014 |
|
DIN No.: |
00140853 |
|
|
|
|
Name : |
Mrs. Deepali Virendra Mhaiskar |
|
Designation : |
Director |
|
Address : |
IRB Complex, Chandivali Farm, Saki Vihar, Road, Andheri (East), Mumbai
- 400072, Maharashtra, India |
|
Date of Birth/Age : |
21.10.1973 |
|
Date of Appointment : |
15.03.1999 |
|
DIN No.: |
00309884 |
|
|
|
|
Name : |
Mr. Chandrashekhar Shankarrao Kaptan |
|
Designation : |
Director |
|
Address : |
Kaptan Wada, Zenda Chowk, Mahal, Nagpur - 440002, Maharashtra, India |
|
Date of Birth/Age : |
27.07.1952 |
|
Date of Appointment : |
10.09.2007 |
|
DIN No.: |
01643564 |
|
|
|
|
Name : |
Mr. Mukeshlal Gupta |
|
Designation : |
Director |
|
Address : |
Flat No 3-F/93, 9th Floor, Kalpataru Aura, Opposite R-City Mall, L B S
Marg, Ghatkopar (West). Mumbai - 400086, Maharashtra, India |
|
Date of Birth/Age : |
26.03.1956 |
|
Date of Appointment : |
20.03.2008 |
|
DIN No.: |
02121698 |
|
|
|
|
Name : |
Mr. Dhananjay Krishnaji Joshi |
|
Designation : |
Director |
|
Address : |
A-301 3rd Floor, Runwal Pride, Behind R Mall, L B S Marg Mulund West,
Mumbai - 400080, Maharashtra, India |
|
Date of Birth/Age : |
12.11.1973 |
|
Date of Appointment : |
28.06.2012 |
|
DIN No.: |
02757916 |
|
|
|
|
Name : |
Mr. Ajay Pralhadrao Deshmukh |
|
Designation : |
Director |
|
Address : |
1302, Bloomingdale, Hiranandani Estate, Patlipada, Thane (West), Thane
- 400607, Maharashtra, India |
|
Date of Birth/Age : |
17.05.1968 |
|
Date of Appointment : |
21.09.2009 |
|
DIN No.: |
02757929 |
KEY EXECUTIVES
|
Name : |
Mr. Anil Dayashankar Yadav |
|
Designation : |
Chief Finance Officer |
|
Address : |
B-1203, Rivera Siddheshwar Garden,, Kolshet Road, Dhokali, Thane -
400607, Maharashtra, India |
|
Date of Appointment : |
30.09.2014 |
|
PAN No.: |
ABIPY2804K |
|
|
|
|
Name : |
Mr. Dhananjay Krishnaji Joshi |
|
Designation : |
Chief Executive Officer |
|
Address : |
A-301 3rd Floor, Runwal Pride, Behind R Mall, L B S Marg Mulund West,
Mumbai - 400080, Maharashtra, India |
|
Date of Appointment : |
30.09.2014 |
|
PAN No.: |
AGHPJ8773E |
|
|
|
|
Name : |
Mr. Urmil Kishor Shah |
|
Designation : |
Secretary |
|
Address : |
D/1, Panchvati Apartment Co-Operative Housing Society Limited,
Opposite Baliram Industrial Estate, S. V. Road, Dahisar (East), Mumbai -
400068, Maharashtra, India |
|
Date of Birth/Age : |
01.02.1985 |
|
Date of Appointment : |
13.06.2011 |
|
PAN No.: |
BJXPS4189K |
MAJOR SHAREHOLDERS
AS ON 04.09.2014
|
Names of Shareholders |
No. of Shares |
|
IRB Infrastructure Developers Limited |
3109496 |
|
Mr. Virendra Dattraya Mhaiskar (Nominee of IRB Infrastructure Developers
Limited) |
1 |
|
Mr. Dhananjay K. Joshi (Nominee of IRB Infrastructure Developers
Limited) |
1 |
|
Mr. Mukeshlal Gupta (Nominee of IRB Infrastructure Developers Limited) |
1 |
|
Mr. Ajay P. Deshmukh (Nominee of IRB Infrastructure Developers
Limited) |
1 |
|
|
|
|
Total |
3109500 |
Equity Share Break up (Percentage of Total Equity)
AS ON 04.09.2014
|
Category |
Percentage |
|
Bodies corporate |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Development of
various infrastructure projects in the road sector through several Special
Purpose Vehicles. |
|
|
|
|
Brand Names : |
Not Divulged |
|
|
|
|
Agencies Held : |
Not Divulged |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
|
|
Selling : |
Not Divulged |
|
|
|
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS – NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Customers : |
|
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
No. of Employees : |
Information declined by the management |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Bankers : |
·
Standard Chartered Bank, 90, M G Road, Fort,
Mumbai – 400001, Maharashtra, India ·
ICICI Bank Limited, Zenith House, K K Marg, Mumbai
– 400034, Maharashtra, India ·
Union Bank of India, Hong Kong Branch, Unit
1903-04, 19th Floor, Nine’s Queen Road Central, Hong Kong –
19031904 ·
ABN Amro Bank Limited ·
HDFC Bank Limited |
|||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
A J Kotwal and Company Chartered Accountant |
|
Address : |
14, Ambalal Doshi Marg, |
|
Tel. No.: |
91-22-30209614/ 24380537 |
|
PAN No.: |
AAFFA9999P |
|
|
|
|
Membership : |
-- |
|
|
|
|
Holding company : |
· IRB Infrastructure Developers Limited |
|
|
|
|
Subsidiaries : |
· MRM Cement Private Limited · JJ Patel Infrastructural and Engineering Private Limited (w.e.f. November 28, 2011), |
|
|
|
|
fellow subsidiaries
: |
· Ideal Road Builders Private Limited · Aryan Toll Road Private Limited · IRB Infrastructure Private Limited · IDAA Infrastructure Private Limited · Thane Ghodbunder Toll Road Private Limited · MMK Toll Road Private Limited ·
NKT Road and Toll Private Limited · Mhaiskar Infrastructure Private Limited · Aryan Infrastructure Investments Private Limited · IRB Surat Dahisar Tollway Private Limited · IRB Kolhapur Integrated Road Development Company Private Limited · Aryan Hospitality Private Limited · IRB Goa Tollway Private Limited · IRB Jaipur - Deoli Tollway Private Limited · IRB Pathankot Amritsar Toll Road Private Limited · IRB Talegaon Amravati Tollway Private Limited · IRB Tumkur Chitradurga Tollway Private Limited · IRB Ahmedabad Vadodara Super Express Tollway Private Limited (w.e.f. May 31, 2011) · MVR Infrastructure and Tollways Private Limited (w.e.f. October 01, 2012) · IRB Westcoast Tollway Private Limited (w.e.f. August 22,2012) · IRB Sindhudurga Airport Private Limited · Solapur Yedeshi Tollway Private Limited |
CAPITAL STRUCTURE
AS ON 04.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3110000 |
Equity Shares |
Rs.100/- each |
Rs.311.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3109500 |
Equity Shares |
Rs.100/- each |
Rs.310.950 Millions |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Millions]
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 |
310.950 |
310.950 |
310.950 |
|
(b) Reserves & Surplus |
8385.184 |
7902.824 |
5693.145 |
|
(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) |
8696.134 |
8213.774 |
6004.095 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
2354.454 |
608.975 |
776.285 |
|
(b) Deferred tax liabilities (Net) |
184.939 |
276.215 |
284.345 |
|
(c) Other long term liabilities |
2322.440 |
3527.541 |
4865.085 |
|
(d) long-term provisions |
52.640 |
49.231 |
42.906 |
|
Total Non-current Liabilities (3) |
4914.473 |
4461.962 |
5968.621 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
12630.485 |
7908.831 |
4796.786 |
|
(b) Trade payables |
4121.115 |
3291.901 |
1694.044 |
|
(c) Other current
liabilities |
2063.161 |
3553.227 |
3531.005 |
|
(d) Short-term provisions |
324.577 |
249.898 |
118.491 |
|
Total Current Liabilities (4) |
19139.338 |
15003.857 |
10140.326 |
|
|
|
|
|
|
TOTAL |
32749.945 |
27679.593 |
22113.042 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
2851.730 |
3072.875 |
3190.079 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
82.584 |
66.381 |
186.777 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
870.742 |
858.184 |
728.313 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
13209.290 |
10869.584 |
10042.842 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.039 |
|
Total Non-Current Assets |
17014.346 |
14867.024 |
14148.050 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
1182.342 |
1112.734 |
370.875 |
|
(c) Trade receivables |
6753.401 |
7625.265 |
4593.639 |
|
(d) Cash and cash
equivalents |
1025.455 |
1422.914 |
950.154 |
|
(e) Short-term loans and
advances |
4573.223 |
2616.268 |
2002.702 |
|
(f) Other current assets |
2201.178 |
35.388 |
47.622 |
|
Total Current Assets |
15735.599 |
12812.569 |
7964.992 |
|
|
|
|
|
|
TOTAL |
32749.945 |
27679.593 |
22113.042 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
|
|
|
|
Other Income |
|
|
|
|
|
|
TOTAL (A) |
23123.100 |
23858.700 |
19798.000 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL (B) |
18110.100 |
18687.100 |
15905.200 |
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
5013.000 |
5171.600 |
3892.800 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
1100.800 |
690.500 |
579.700 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)
(E) |
3912.200 |
4481.100 |
3313.100 |
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION (F) |
495.000 |
527.400 |
557.200 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX (E-F) (G)
|
3417.200 |
3953.700 |
2755.900 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
1379.400 |
1261.200 |
895.200 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
AFTER TAX (G-H) (I) |
2037.800 |
2692.500 |
1860.700 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
655.35 |
865.89 |
598.41 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Return on Total Assets (PBT/Total Assets} |
(%) |
10.75 |
14.78 |
13.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.39 |
0.48 |
0.46 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.72 |
1.04 |
0.93 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.82 |
0.85 |
0.79 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
Rs.
In Millions |
Rs.
In Millions |
Rs.
In Millions |
|
Share Capital |
310.950 |
310.950 |
310.950 |
|
Reserves & Surplus |
5693.145 |
7902.824 |
8385.184 |
|
Net
worth |
6004.095 |
8213.774 |
8696.134 |
|
|
|
|
|
|
long-term borrowings |
776.285 |
608.975 |
2354.454 |
|
Short term borrowings |
4796.786 |
7908.831 |
12630.485 |
|
Total
borrowings |
5573.071 |
8517.806 |
14984.939 |
|
Debt/Equity
ratio |
0.928 |
1.037 |
1.723 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
Rs.
In Millions |
Rs.
In Millions |
Rs.
In Millions |
|
Total Income |
19798.000 |
23858.700 |
23123.100 |
|
|
|
20.511 |
(3.083) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
Rs.
In Millions |
Rs.
In Millions |
Rs.
In Millions |
|
Total Income |
19798.000 |
23858.700 |
23123.100 |
|
Profit |
1860.700 |
2692.500 |
2037.800 |
|
|
9.40% |
11.29% |
8.81% |
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
Rs.
In Millions
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current maturities of long term debt |
373.860 |
347.617 |
294.325 |
|
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 |
Yes |
|
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 |
No |
|
10] |
Designation of contact
person |
No |
|
11] |
Turnover of firm for last
three years |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
----------- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
Yes |
|
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 |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking
account |
---------- |
|
26] |
Buyer visit details |
---------- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
Yes |
|
29] |
Last accounts filed at
ROC |
Yes |
|
30] |
Major Shareholders, if
available |
Yes |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
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 |
UNSECURED LOANS:
|
Particulars |
31.03.2014 Rs. In Millions |
31.03.2013 Rs. In Millions |
|
Short Term Borrowings |
|
|
|
Loans and
advances from related parties |
8616.546 |
3693.858 |
|
|
|
|
|
Total |
8616.546 |
3693.858 |
INDEX OF CHARGE:
|
Sr. No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10535281 |
03/11/2014 |
9,112,986.00 |
SREI EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C36193233 |
|
2 |
10535278 |
01/11/2014 |
3,616,355.00 |
SREI EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C36192888 |
|
3 |
10533564 |
30/09/2014 |
13,886,223.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
C35176684 |
|
4 |
10548128 |
05/09/2014 |
9,110,799.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
C43033109 |
|
5 |
10548094 |
26/08/2014 |
25,933,930.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
C43030824 |
|
6 |
10548127 |
14/08/2014 |
2,316,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
C43032960 |
|
7 |
10540711 |
12/07/2014 |
138,557,800.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
C39276910 |
|
8 |
10508371 |
15/06/2014 |
38,027,556.00 |
SREI EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C10810430 |
|
9 |
10508432 |
03/06/2014 |
100,800,000.00 |
SREI EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C10863082 |
|
10 |
10540714 |
06/05/2014 |
22,172,553.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
C39277876 |
|
11 |
10502364 |
03/04/2014 |
1,008,832.00 |
SREI
EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA',
86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C06305247 |
|
12 |
10502173 |
03/04/2014 |
2,762,643.00 |
SREI
EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA',
86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C06201461 |
|
13 |
10502167 |
03/04/2014 |
20,117,851.00 |
SREI
EQUIPMENT FINANCE LIMITED |
'VISHWAKARMA',
86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
C06201032 |
|
14 |
10478982 |
31/01/2014 |
16,401,922.00 |
ICICI
BANK LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B96953781 |
|
15 |
10470527 |
30/12/2013 |
10,875,000.00 |
ICICI
BANK LIMITED |
LANDMARKRACE
COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B93634392 |
|
16 |
10464193 |
04/12/2013 |
2,335,000.00 |
HDFC
BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B91126672 |
|
17 |
10453528 |
08/10/2013 |
1,184,771.00 |
HDFC
BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B86864923 |
|
18 |
10453526 |
08/10/2013 |
12,100,000.00 |
HDFC
BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B86864436 |
|
19 |
10452847 |
04/10/2013 |
3,468,269.00 |
HDFC
BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B86570090 |
|
20 |
10445932 |
30/08/2013 |
2,000,000,000.00 |
IDBI
BANK LIMITED |
IDBI
TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
B83507343 |
|
21 |
10435768 |
08/07/2013 |
3,720,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B79168951 |
|
22 |
10432987 |
20/06/2013 |
5,948,900.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B77935914 |
|
23 |
10435050 |
14/06/2013 |
19,252,224.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B78851698 |
|
24 |
10424998 |
06/05/2013 |
10,106,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B74894361 |
|
25 |
10422925 |
04/04/2013 |
1,460,520.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B74122334 |
|
26 |
10420835 |
01/04/2013 |
3,610,129.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B73479081 |
|
27 |
10418485 |
30/03/2013 |
5,906,944.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B72808660 |
|
28 |
10402572 |
22/01/2013 |
19,252,224.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B67932731 |
|
29 |
10401131 |
01/01/2013 |
18,160,000.00 |
AXIS BANK LIMITED |
TRISHUL
3RD FLOOR OPP SAMARTHESHWAR TEMPLE, LAW G |
B67290346 |
|
30 |
10382876 |
21/10/2012 |
5,900,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B60607173 |
|
31 |
10381295 |
22/09/2012 |
1,959,783.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B59983007 |
|
32 |
10374669 |
07/09/2012 |
64,266,273.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B57353377 |
|
33 |
10376686 |
22/08/2012 |
5,130,000.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B58185778 |
|
34 |
10351969 |
30/04/2012 |
12,393,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B38303947 |
|
35 |
10344423 |
29/03/2012 |
10,746,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B35862424 |
|
36 |
10341914 |
07/03/2012 |
1,900,675.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B34919712 |
|
37 |
10341780 |
05/03/2012 |
45,000,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B34857557 |
|
38 |
10338085 |
06/02/2012 |
39,758,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B33179227 |
|
39 |
10338083 |
31/01/2012 |
8,480,468.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B33178732 |
|
40 |
10334778 |
27/01/2012 |
8,812,800.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B31766652 |
|
41 |
10334387 |
15/01/2012 |
12,934,404.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B31609563 |
|
42 |
10334935 |
15/01/2012 |
46,500,000.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B31841893 |
|
43 |
10335278 |
05/01/2012 |
9,247,000.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B31992290 |
|
44 |
10328968 |
15/12/2011 |
14,456,814.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B29515061 |
|
45 |
10320552 |
15/11/2011 |
381,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B26574327 |
|
46 |
10313784 |
15/09/2011 |
1,339,451.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B23771140 |
|
47 |
10304045 |
08/08/2011 |
5,362,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, MAHARASHTRA - 400013, INDIA |
B19540541 |
|
48 |
10290730 |
17/06/2011 |
5,640,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B14465140 |
|
49 |
10290733 |
17/06/2011 |
5,644,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B14465983 |
|
50 |
10290553 |
15/06/2011 |
4,620,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B14400295 |
|
51 |
10293311 |
15/05/2011 |
1,335,483.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B15393069 |
|
52 |
10282666 |
15/04/2011 |
3,827,455.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B11313327 |
|
53 |
10272044 |
15/02/2011 |
3,505,840.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B06656656 |
|
54 |
10267491 |
31/01/2011 |
7,200,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B05841457 |
|
55 |
10268553 |
31/01/2011 |
7,300,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
B06160634 |
|
56 |
10266496 |
15/12/2010 |
985,247.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B05366653 |
|
57 |
10266498 |
15/12/2010 |
5,619,675.00 |
SREI EQUIPMENT FINANCE PRIVATE LIMITED |
'VISHWAKARMA', 86C, TOPSIA ROAD,, KOLKATA, WEST BENGAL - 700046, INDIA |
B05367214 |
|
58 |
10240615 |
03/09/2010 |
820,564,500.00 |
UNION BANK OF INDIA (HONG KONG BRANCH) |
UNIT
1903-04, 19TH FLOOR,, NINE QUEEN'S ROAD CENT |
A95185617 |
|
59 |
10221097 |
24/12/2012 * |
7,750,000,000.00 |
IDBI BANK LIMITED |
IDBI TOWERWTC COMPLEX, CUFFE PARADE, MUMBAI, MAHARASHTRA - 400005, INDIA |
B65860744 |
|
60 |
10037589 |
10/01/2007 |
7,494,322.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, GUJARAT - 390015, INDIA |
A10395424 |
|
61 |
80064634 |
23/02/2006 |
4,400,000.00 |
ICICI BANK LTD |
ZENITH HOUSE, GR.FLOOR, KESHAVRAO KHADYE MARG MAHALAXMI, MUMBAI, MAHARASHTRA - 400034, INDIA |
- |
|
62 |
80064640 |
19/12/2005 |
5,392,000.00 |
ICICI BANK LTD |
ZENITH HOUSE, GROUND FLOOR, KESHAVRAO KHADYE MARG, MAHALAXMI, MUMBAI, MAHARASHTRA - 400034, INDIA |
- |
|
63 |
90243854 |
01/06/2005 |
285,000.00 |
ICICI BANK LTD |
ZENITH HOUSE; KESHAVRAO KHYADE MARG, MAHALAXMI, MUMBAI, MAHARASHTRA - 400034, INDIA |
- |
|
64 |
90240651 |
01/02/2000 |
150,000,000.00 |
BANK OF INDIA |
MUMBAI CORPORATE BANKING BRANCH, M.G.ROAD, MUMBAI, MAHARASHTRA - 400023, INDIA |
- |
*Date of modification Charges
FIXED ASSETS:
·
Land
·
Building
·
Plant And Machinery
·
Furniture and Fixtures
·
Office Equipments
·
Computer Systems
·
Laboratory Equipments
·
Vehicles
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.62.25 |
|
|
1 |
Rs.95.57 |
|
Euro |
1 |
Rs.71.01 |
INFORMATION DETAILS
|
Information Gathered
by : |
SVA |
|
|
|
|
Analysis Done by
: |
SUC |
|
|
|
|
Report Prepared
by : |
NKT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
7 |
|
--PROFITABILITY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER
|
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
|
|
|
|
TOTAL |
|
52 |
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 |
||
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.