MIRA INFORM REPORT
|
Report Date : |
31.12.2014 |
IDENTIFICATION DETAILS
|
Name : |
SKYLARK PRINTERS AND PUBLISHERS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
J B Nagar, Panchwati, Mathura - 281003, Uttar Pradesh |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
06.04.2000 |
|
|
|
|
Com. Reg. No.: |
20-025293 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 2.500 Millions |
|
|
|
|
CIN No.: [Company Identification
No.] |
U22110UP2000PTC025293 |
|
|
|
|
TIN No.: |
09227201017 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAGCS9409L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Printing of Educational Books. |
|
|
|
|
No. of Employees
: |
15 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (34) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a small company in its field. Its scales of activities are
limited. The rating is constrained on account of company’s small scale of
business operations and small networth of the company. However, trade relations are reported to be fair. Business is active.
Payment terms are slow but correct. The company can be considered for small business dealings with some
caution. |
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 – September 30, 2014
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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 PARTED BY
|
Name : |
Mr. Alok Nager |
|
Designation : |
Chartered Accountant |
|
Contact No.: |
91-9412280990 |
|
Date : |
30.12.2014 |
LOCATIONS
|
Registered Office : |
J B Nagar, Panchwati, Mathura - 281003, Uttar Pradesh, India |
|
Tel. No.: |
91-565-2530546 |
|
Mobile No.: |
91-9412280990 [Mr. Alok Nager] |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
AS ON 30.09.2014
|
Name : |
Mr. Nitesh Agarwal |
|
Designation : |
Director |
|
Address : |
24, Dwarkesh Puri Colony, Shahganj Darwaja, Mathura - 281003, Uttar Pradesh, India |
|
Date of Birth/Age : |
13.09.1979 |
|
Qualification : |
B. Com, LL.B. |
|
Date of Appointment : |
06.04.2000 |
|
PAN No.: |
ABPPA1302D |
|
Passport No.: |
J6729805 |
|
DIN No.: |
01160617 |
|
|
|
|
Name : |
Mr. Mukesh Agarwal |
|
Designation : |
Director |
|
Address : |
24, Dwarkesh Puri Colony, Shahganj Darwaja, Mathura - 281003, Uttar Pradesh, India |
|
Date of Birth/Age : |
19.01.1981 |
|
Qualification : |
M. Com |
|
Date of Appointment : |
30.03.2001 |
|
PAN No.: |
ADEPA7189F |
|
Passport No.: |
H8274848 |
|
DIN No.: |
01160658 |
|
|
|
|
Name : |
Mr. Mahesh Chand Agrawal |
|
Designation : |
Director |
|
Address : |
24, Dwarkesh Puri Colony, Shahganj Darwaja, Mathura - 281003, Uttar Pradesh, India |
|
Date of Birth/Age : |
27.07.1955 |
|
Qualification : |
M. Com |
|
Date of Appointment : |
06.04.2000 |
|
PAN No.: |
AAOPA7940F |
|
Passport No.: |
J6044024 |
|
DIN No.: |
01323351 |
KEY EXECUTIVES
|
Name : |
Mr. Alok Nager |
|
Designation : |
Chartered Accountant |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
|
Names of Shareholders |
No. of Shares |
Percentage of
Holding |
|
Mahesh Chand Agrawal |
160000 |
32.00 |
|
Mukesh Agarwal |
185000 |
37.00 |
|
Nitesh Agarwal |
155000 |
31.00 |
|
|
|
|
|
Total |
500000 |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Printing of Educational Books. |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
Not Available |
|
|
|
|
Imports : |
Not Available |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit [30 Days] |
|
|
|
|
Purchasing : |
Cash and Credit [30 Days] |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
· Chaudhary and Sons · KA Enterprise · MS Associates |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
Retailers and Others
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
15 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
· Union Bank of India Mathura Main Branch, Tilak Dwar, Mathura – 281001, Uttar Pradesh,
India · Small Industries Development Bank of India UG 5-6 At Upper Ground Floor, Shri Nath Ji Complex, Madia Katra
Crossing, Near Neeraj Dairy, Agra – 282002, Uttar Pradesh, India |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
|
||||||||||||||||||||||
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Vishnu Kumar and Associates Chartered Accountants |
|
Address : |
HIG-10, Phase-I, Mahavidya Colony, Near Padma Market, Mathura –
281003, Uttar Pradesh, India |
|
Tel. No.: |
91-565-2421307 |
|
Mobile No.: |
91-9456076069 |
|
Income-tax
PAN of auditor or auditor's firm : |
AGPPA1896H |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
500,000 |
Equity Shares |
Rs. 10/- each |
Rs. 5.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250,000 |
Equity Shares |
Rs. 10/- each |
Rs. 2.500 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 |
2.500 |
2.500 |
1.500 |
|
(b) Reserves & Surplus |
3.327 |
2.966 |
2.581 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share
Application money pending allotment |
2.500 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
8.327 |
5.466 |
4.081 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
2.034 |
3.150 |
0.051 |
|
(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) |
2.034 |
3.150 |
0.051 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
1.677 |
1.970 |
1.942 |
|
(b)
Trade payables |
0.540 |
0.523 |
0.008 |
|
(c)
Other current liabilities |
0.000 |
0.000 |
0.000 |
|
(d)
Short-term provisions |
0.196 |
0.194 |
0.140 |
|
Total
Current Liabilities (4) |
2.413 |
2.687 |
2.090 |
|
|
|
|
|
|
TOTAL |
12.774 |
11.303 |
6.222 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
6.919 |
8.536 |
3.478 |
|
(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 |
0.276 |
0.258 |
0.260 |
|
(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 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
7.195 |
8.794 |
3.738 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.306 |
0.000 |
|
(b)
Inventories |
0.362 |
0.000 |
0.000 |
|
(c)
Trade receivables |
0.255 |
1.929 |
0.760 |
|
(d)
Cash and cash equivalents |
0.320 |
0.070 |
1.361 |
|
(e)
Short-term loans and advances |
4.401 |
0.000 |
0.210 |
|
(f)
Other current assets |
0.241 |
0.204 |
0.153 |
|
Total
Current Assets |
5.579 |
2.509 |
2.484 |
|
|
|
|
|
|
TOTAL |
12.774 |
11.303 |
6.222 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Printing Receipts |
10.169 |
10.628 |
7.907 |
|
|
|
Other Income |
0.038 |
0.022 |
0.016 |
|
|
|
TOTAL |
10.207 |
10.650 |
7.923 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Damping Cotton Cloth |
0.004 |
0.003 |
0.000 |
|
|
|
Ink and Chemicals |
2.713 |
2.415 |
2.896 |
|
|
|
Diesel Expenses |
1.003 |
1.403 |
0.961 |
|
|
|
Electricity Expenses |
0.123 |
0.109 |
0.071 |
|
|
|
Labour Expenses |
1.804 |
1.869 |
1.121 |
|
|
|
Binding Expenses |
0.642 |
0.731 |
0.352 |
|
|
|
Input VAT Expenses |
0.105 |
0.000 |
0.000 |
|
|
|
Printing Expenses |
0.000 |
0.149 |
0.000 |
|
|
|
Salary |
0.207 |
0.169 |
0.060 |
|
|
|
Bank Interest |
0.496 |
0.317 |
0.265 |
|
|
|
Directors Remuneration |
0.216 |
0.216 |
0.168 |
|
|
|
Machine Maintenance Expenses |
1.247 |
0.500 |
0.195 |
|
|
|
Other Expenses |
0.484 |
1.052 |
0.940 |
|
|
|
Closing Stock |
(0.362) |
0.000 |
0.000 |
|
|
|
TOTAL |
8.682 |
8.933 |
7.029 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
1.525 |
1.717 |
0.894 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
1.003 |
1.159 |
0.482 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
0.522 |
0.558 |
0.412 |
|
|
|
|
|
|
|
|
|
Less |
PROVISION FOR
TAX |
0.161 |
0.173 |
0.130 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX |
0.361 |
0.385 |
0.282 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT/Sales) |
(%) |
3.55 |
3.62 |
3.57 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
4.18 |
5.05 |
6.91 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.06 |
0.10 |
0.10 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.45 |
0.94 |
0.49 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.31 |
0.93 |
1.19 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particulars |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
1.500 |
2.500 |
2.500 |
|
Reserves & Surplus |
2.581 |
2.966 |
3.327 |
|
Share Application money pending allotment |
0.000 |
0.000 |
2.500 |
|
Net
worth |
4.081 |
5.466 |
8.327 |
|
|
|
|
|
|
Long-term borrowings |
0.051 |
3.150 |
2.034 |
|
Short term borrowings |
1.942 |
1.970 |
1.677 |
|
Total
borrowings |
1.993 |
5.120 |
3.711 |
|
Debt/Equity ratio |
0.488 |
0.937 |
0.446 |
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) |
|
Printing Receipts |
7.907 |
10.628 |
10.169 |
|
|
|
34.413 |
(4.319) |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Printing Receipts |
7.907 |
10.628 |
10.169 |
|
Profit |
0.282 |
0.385 |
0.361 |
|
|
3.57% |
3.62% |
3.55% |
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 |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
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 |
Yes |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
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 |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
------------------------------------------------------------------------------------------------------------------------------
CALCULATION OF DSCR FOR TERM LOAN ONLY
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
|
|
|
|
|
Profit after tax |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
Add : Depreciation |
0.861 |
0.739 |
0.634 |
|
|
|
|
|
|
Add: Interest to partner |
-- |
-- |
-- |
|
|
|
|
|
|
Add: Remuneration to partner |
-- |
-- |
-- |
|
|
|
|
|
|
Add : Interest on Term Loan |
0.379 |
0.540 |
0.380 |
|
|
|
|
|
|
Total |
3.421 |
4.255 |
4.452 |
|
|
|
|
|
|
Interest on Term Loan |
0.199 |
0.122 |
0.431 |
|
|
|
|
|
|
Term Loan Installment-I (Old) |
0.498 |
0.498 |
0.498 |
|
|
|
|
|
|
Term Loan Installment-I (New) |
0.236 |
0.708 |
0.708 |
|
|
|
|
|
|
Term Loan Installment |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Total |
0.933 |
1.328 |
1.637 |
|
|
|
|
|
|
DSCR |
3.67 |
3.20 |
2.72 |
|
|
|
|
|
|
Average DSCR for term loan only |
2.52 |
||
------------------------------------------------------------------------------------------------------------------------------
CALCULATION OF DSCR FOR TERM LOAN AND WC
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
|
|
|
|
|
Profit after tax |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
Add : Depreciation |
0.861 |
0.739 |
0.634 |
|
|
|
|
|
|
Add: Interest to partner |
-- |
-- |
-- |
|
|
|
|
|
|
Add: Remuneration to partner |
-- |
-- |
-- |
|
|
|
|
|
|
Add : Interest on Term Loan |
0.379 |
0.540 |
0.380 |
|
|
|
|
|
|
Add : Interest on WC |
1.113 |
2.670 |
2.670 |
|
|
|
|
|
|
Total |
4.534 |
6.925 |
7.122 |
|
|
|
|
|
|
Interest on Term Loan |
0.379 |
0.540 |
0.380 |
|
|
|
|
|
|
Interest on WC |
1.113 |
2.670 |
2.670 |
|
|
|
|
|
|
Term Loan installment-I (Old) |
0.498 |
0.498 |
0.498 |
|
|
|
|
|
|
Term Loan Installment-I (New) |
0.236 |
0.708 |
0.708 |
|
|
|
|
|
|
Term Loan Installment- |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Total |
2.226 |
4.416 |
4.256 |
|
|
|
|
|
|
DSCR |
2.04 |
1.57 |
1.67 |
|
|
|
|
|
|
Average DSCR for term loan and WC both |
1.72 |
||
------------------------------------------------------------------------------------------------------------------------------
ASSESSMENT OF WORKING CAPITAL REQUIREMENTS
OPERATING STATEMENT
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
|
|
|
|
|
Sales/ Gross Receipts |
|
|
|
|
Domestic Sales (Net of Excise) |
60.000 |
80.000 |
90.000 |
|
|
|
|
|
|
Export Sales |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Less: Excise Duty |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Net Sales |
60.000 |
80.000 |
90.000 |
|
|
|
|
|
|
% age rise (+) or fall (-) in net sales as compared to Previous year |
490.03 |
33.33 |
12.50 |
|
|
|
|
|
|
COST OF SALES |
|
|
|
|
Raw Material Purchased |
|
|
|
|
Imported |
0.000 |
0.000 |
0.000 |
|
Domestic |
47.200 |
27.000 |
30.600 |
|
|
|
|
|
|
Other Spares |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Power & Fuel |
7.000 |
9.500 |
10.500 |
|
|
|
|
|
|
Direct Labour |
12.000 |
15.000 |
17.000 |
|
|
|
|
|
|
Repairs & Maintenance |
8.000 |
10.500 |
12.000 |
|
|
|
|
|
|
Other Mfg. Expenses |
5.600 |
7.800 |
9.300 |
|
|
|
|
|
|
Depreciation |
0.861 |
0.739 |
0.634 |
|
|
|
|
|
|
VII) Sub-Total ( I to VI ) |
80.661 |
70.539 |
80.034 |
|
|
|
|
|
|
VIII) Add: Opening Stock-in-Process |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Sub-Total |
80.661 |
70.539 |
80.034 |
|
|
|
|
|
|
IX) Deduct: Closing Stock-in-Process |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
X) Cost of Production |
80.661 |
70.539 |
80.034 |
|
|
|
|
|
|
XI) Add: Opening Stock of Finished |
0.362 |
27.500 |
28.000 |
|
|
|
|
|
|
XII) Sub-Total |
81.023 |
98.039 |
108.034 |
|
|
|
|
|
|
XIII) Deduct: Closing Stock of Finished |
27.500 |
28.000 |
29.000 |
|
|
|
|
|
|
XIV) Sub-Total
(Total Cost of Sales) |
53.523 |
70.039 |
79.034 |
|
|
|
|
|
|
Gross
Profit |
6.477 |
9.961 |
10.966 |
|
|
|
|
|
|
G.P. Ratio |
10.80 |
12.45 |
12.18 |
|
|
|
|
|
|
Interest on UL |
0.120 |
0.240 |
0.240 |
|
|
|
|
|
|
Interest on Others (O/D limit) |
1.492 |
3.210 |
3.050 |
|
|
|
|
|
|
Selling, General & Admn. Expenses |
1.750 |
2.250 |
2.750 |
|
|
|
|
|
|
Other Income |
0.040 |
0.045 |
0.050 |
|
|
|
|
|
|
Operating profit after Interest |
3.155 |
4.306 |
4.976 |
|
|
|
|
|
|
I) Add other non-operating income |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
II) Deduct other non-operating expenses |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
III) Net of other non-op. income/expenses |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Profit before tax |
3.155 |
4.306 |
4.976 |
|
|
|
|
|
|
Provision for taxes |
0.974 |
1.330 |
1.538 |
|
|
|
|
|
|
Net profit / loss |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
(a) Equity Dividend Paid |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(b) Proprietor / Partner Salary |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Retained profit |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
Retained profit / Net Profit (Percentage) |
100% |
100% |
100% |
|
|
|
|
|
|
N.P. Ratio |
3.63 |
3.72 |
3.82 |
------------------------------------------------------------------------------------------------------------------------------
ANALYSIS OF BALANCE SHEET
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
Short-term borrowings from banks |
|
|
|
|
I) From applicant bank |
20.000 |
20.000 |
20.000 |
|
|
|
|
|
|
II) Short term Working Capital Loan- NSIC |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Sub- Total (A) |
20.000 |
20.000 |
20.000 |
|
|
|
|
|
|
a. Short term borrowings from others |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
b. ICDs, CPs, etc. if any |
-- |
-- |
-- |
|
|
|
|
|
|
Sundry Creditors (Trade) |
0.500 |
0.600 |
0.700 |
|
|
|
|
|
|
Advance payments from customers |
-- |
-- |
-- |
|
|
|
|
|
|
Intt and other charges accrued, but not due |
-- |
-- |
-- |
|
|
|
|
|
|
Installment of term Loan/ Def Pay.gtee |
|
|
|
|
Term Loans () - I |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Term Loans () - II |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Electricity Dues |
-- |
-- |
-- |
|
|
|
|
|
|
Expenses payable/prov. for taxes |
0.975 |
1.330 |
1.538 |
|
|
|
|
|
|
Other Current Liabilities & Provisions |
0.050 |
0.100 |
0.150 |
|
|
|
|
|
|
Sub-total (B) |
1.525 |
2.030 |
2.388 |
|
|
|
|
|
|
TOTAL CURRENT
LIABILITIES |
21.525 |
22.030 |
22.388 |
|
|
|
|
|
|
TERMS LIABILITIES |
|
|
|
|
Term Loans |
1.536 |
1.038 |
0.540 |
|
|
|
|
|
|
Term Loans -II |
3.264 |
2.556 |
1.848 |
|
|
|
|
|
|
Total |
4.800 |
3.594 |
2.388 |
|
|
|
|
|
|
Borrowings from group company, directors friends, relatives |
2.000 |
2.000 |
2.000 |
|
|
|
|
|
|
Deferred tax liability |
-- |
-- |
-- |
|
|
|
|
|
|
Term Loan from other bank/Fis |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Other Term Loans |
-- |
-- |
-- |
|
|
|
|
|
|
Term deposit (repayable after 1 year) |
-- |
-- |
-- |
|
|
|
|
|
|
Other term Liabilities (Security Deposits) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
TOTAL TERM
LIABILITIES |
6.800 |
5.594 |
4.388 |
|
|
|
|
|
|
TOTAL OUTSIDE
LIABILITIES |
28.325 |
27.624 |
26.776 |
|
|
|
|
|
|
NET WORTH |
|
|
|
|
Share Capital (Trust Fund) |
5.000 |
5.000 |
5.000 |
|
|
|
|
|
|
Preference Share Capital/ Share application money |
-- |
-- |
-- |
|
|
|
|
|
|
General Reserve & Surplus |
3.327 |
5.507 |
8.483 |
|
|
|
|
|
|
Surplus (+) or deficit (-) in profit and |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
NET WORTH |
10.508 |
13.483 |
16.921 |
|
|
|
|
|
|
TOTAL
LIABILITIES |
38.833 |
41.107 |
43.697 |
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
Cash and Bank balance |
0.075 |
0.438 |
0.612 |
|
|
|
|
|
|
Investments (other than long term investments) |
-- |
-- |
-- |
|
|
|
|
|
|
Govt. Securities and other trustee sec. |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Others |
-- |
-- |
-- |
|
|
|
|
|
|
Receivables -Export |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Receivables - Domestic |
4.400 |
6.000 |
7.500 |
|
|
|
|
|
|
Inventory |
-- |
-- |
-- |
|
|
|
|
|
|
Raw Material |
-- |
-- |
-- |
|
|
|
|
|
|
Stocks-in-process |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Finished goods |
27.500 |
28.000 |
29.000 |
|
|
|
|
|
|
Other consumables/spares |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Advances to suppliers of raw mat. |
-- |
-- |
-- |
|
|
|
|
|
|
Export Incentives |
-- |
-- |
-- |
|
|
|
|
|
|
Advance payment of taxes |
-- |
-- |
-- |
|
|
|
|
|
|
Other current assets |
0.500 |
1.000 |
1.500 |
|
|
|
|
|
|
TOTAL CURRENT
ASSETS |
32.475 |
35.438 |
38.612 |
|
|
|
|
|
|
FIXED ASSETS |
|
|
|
|
Gross Block |
6.919 |
6.058 |
5.319 |
|
|
|
|
|
|
Work in Progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Depreciation to date |
0.861 |
0.739 |
0.634 |
|
|
|
|
|
|
NET BLOCK |
6.058 |
5.319 |
4.685 |
|
|
|
|
|
|
Security Deposits |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Debtors > 6 months |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Miscellaneous Expenditure |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Other non-current assets |
0.300 |
0.350 |
0.400 |
|
|
|
|
|
|
Total Non-Current
Assets |
0.300 |
0.350 |
0.400 |
|
|
|
|
|
|
TOTAL ASSETS |
38.833 |
41.107 |
43.697 |
|
|
|
|
|
|
TANGIBLE NET WORTH |
10.508 |
13.483 |
16.921 |
|
|
|
|
|
|
NET WORKING CAPITAL
|
10.950 |
13.408 |
16.224 |
|
|
|
|
|
|
Current Ratio (34/10) |
1.51 |
1.61 |
1.72 |
|
|
|
|
|
|
Total Outside Liabilities to Tangible |
2.70 |
2.05 |
1.58 |
|
|
|
|
|
|
Net Worth (18/44) |
2.26 |
1.78 |
1.42 |
|
|
|
|
|
|
TOL/TNW (Considering Quasi Equity) |
2.26 |
1.78 |
1.42 |
------------------------------------------------------------------------------------------------------------------------------
FUND FLOW STATEMENT
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
|
|
|
|
|
SOURCES |
|
|
|
|
Net Profit (before tax) |
3.155 |
4.306 |
4.976 |
|
|
|
|
|
|
Add : Depreciation |
(0.142) |
(0.122) |
(0.105) |
|
|
|
|
|
|
Gross Fund Generated |
3.013 |
4.184 |
4.871 |
|
|
|
|
|
|
Less : Taxes Paid / Repayable (relating to the year) |
-- |
-- |
-- |
|
|
|
|
|
|
Less : Dividends Paid / Payable (relating to the year) |
-- |
-- |
-- |
|
|
|
|
|
|
SUB TOTAL NET FUND
GENERATED A |
3.013 |
4.184 |
4.871 |
|
|
|
|
|
|
Increase in Capital |
(0.973) |
(1.331) |
(1.538) |
|
|
|
|
|
|
Increase in Term Loans/ Debentures/ Deferred Payment Liabilities |
4.766 |
-- |
-- |
|
|
|
|
|
|
Increase in Public Deposits (Security) |
-- |
-- |
-- |
|
|
|
|
|
|
Decrease in Fixed Assets |
1.003 |
0.861 |
0.739 |
|
|
|
|
|
|
Decrease in Inter Corporate Investment and Advances |
-- |
-- |
-- |
|
|
|
|
|
|
Decrease in Other Non - Current Assets |
-- |
-- |
-- |
|
|
|
|
|
|
SUB TOTAL B |
4.796 |
(0.470) |
(0.799) |
|
|
|
|
|
|
Increase in Short Term Bank Borrowings (including bills purchase and discounted by bankers) |
18.323 |
-- |
-- |
|
|
|
|
|
|
Increase in Other Current Liabilities |
0.789 |
0.505 |
0.358 |
|
|
|
|
|
|
Decrease in Inventories |
-- |
-- |
-- |
|
|
|
|
|
|
Decrease in Receivables (including bills purchased and discounted by) |
-- |
-- |
-- |
|
|
|
|
|
|
Decrease in Other Current Assets (including Cash and Bank Balances) |
4.386 |
-- |
-- |
|
|
|
|
|
|
Decrease in Securities |
-- |
-- |
-- |
|
|
|
|
|
|
SUB TOTAL C |
23.498 |
0.505 |
0.358 |
|
|
|
|
|
|
TOTAL FUNDS
GENERATED |
31.307 |
4.219 |
4.430 |
|
|
|
|
|
|
Increase in Fixed Assets |
-- |
-- |
-- |
|
|
|
|
|
|
Decrease in Term Loans / Debentures |
-- |
1.206 |
1.206 |
|
|
|
|
|
|
Decrease in Public Deposits |
-- |
-- |
-- |
|
|
|
|
|
|
Increase in Other Non - Current Assets |
0.024 |
0.050 |
0.050 |
|
|
|
|
|
|
SUB TOTAL D |
0.024 |
1.256 |
1.256 |
|
|
|
|
|
|
Decrease in Short Term Bank borrowings (including bills purchased and discounted by bankers) |
-- |
-- |
-- |
|
|
|
|
|
|
Decrease in Other Current Liabilities |
-- |
-- |
-- |
|
|
|
|
|
|
Increase in Inventory |
27.138 |
0.500 |
1.000 |
|
|
|
|
|
|
Increase in Receivables (including bills purchased and discounted by bankers) |
4.145 |
1.600 |
1.500 |
|
|
|
|
|
|
Increase in Securities |
-- |
-- |
-- |
|
|
|
|
|
|
Increase in Other Current Assets (including Cash and Bank Balance) |
-- |
0.863 |
0.674 |
|
|
|
|
|
|
SUB TOTAL E |
31.283 |
2.963 |
3.174 |
|
|
|
|
|
|
NET LOSS |
|
|
|
|
Less : Depreciation (Balance, i.e. Gross Funds lost (-) Gross |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Funds Generated (+) |
-- |
-- |
-- |
|
|
|
|
|
|
Add: Taxes Paid/ Payable (relating to the year………….) |
-- |
-- |
-- |
|
|
|
|
|
|
Add: Dividends Paid/ Repayable (relating to the year………….) |
-- |
-- |
-- |
|
|
|
|
|
|
SUB TOTAL NET FUND
LOST |
-- |
-- |
-- |
|
|
|
|
|
|
Total Funds Used (D
+ E) |
31.307 |
4.219 |
4.430 |
|
|
|
|
|
|
Long Term Sources |
7.809 |
3.714 |
4.072 |
|
|
|
|
|
|
Less: Long Term Uses |
0.024 |
1.256 |
1.256 |
|
|
|
|
|
|
Changes in Net Working Capital (+) |
7.785 |
2.458 |
2.816 |
|
|
|
|
|
|
Short Term Sources |
23.498 |
0.505 |
0.358 |
|
|
|
|
|
|
Less : Short Term Uses |
31.283 |
2.963 |
3.174 |
|
|
|
|
|
|
TOTAL |
0.00 |
0.00 |
0.00 |
------------------------------------------------------------------------------------------------------------------------------
COMPUTATION OF MAXIMUM PERMISSIBLE FINANCE FOR
WORKING CAPITAL
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
|
|
|
|
|
Total Current Assets (9 in Form IV) |
32.475 |
35.438 |
38.612 |
|
|
|
|
|
|
Other Current Liabilities (Other than bank borrowings) (14 of form IV) |
1.525 |
2.030 |
2.388 |
|
|
|
|
|
|
Working Capital Gap (WCG) (1-2) |
30.950 |
33.408 |
36.224 |
|
|
|
|
|
|
Minimum required net working capital (25% of current assets) as per 2nd method of lending) |
8.119 |
8.860 |
9.653 |
|
|
|
|
|
|
Actual/ Projected net working capital (45 in From III) |
10.950 |
13.408 |
16.224 |
|
|
|
|
|
|
MPBF |
20.000 |
20.000 |
20.000 |
|
|
|
|
|
|
Excess Borrowings |
0.000 |
0.000 |
0.000 |
------------------------------------------------------------------------------------------------------------------------------
FINANCIAL
DETAILS
(RS. IN MILLIONS)
|
PARTICULARS |
2015 ESTIMATED |
2016 PROJECTED |
2017 PROJECTED |
|
|
|
|
|
|
Paid up Capital |
|
|
|
|
a) Equity Share Capital |
5.000 |
5.000 |
5.000 |
|
|
|
|
|
|
Reserves and Surplus (Excluding Revaluation reserves and net of
intangible assets) |
3.327 |
5.507 |
8.483 |
|
|
|
|
|
|
Profit / Loss Account |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
Preliminary expenses |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Tangible Net worth |
10.508 |
13.483 |
16.921 |
|
|
|
|
|
|
Term Liabilities (including unsecured loan) |
6.800 |
5.594 |
4.388 |
|
|
|
|
|
|
Capital Employed |
17.308 |
19.077 |
21.309 |
|
|
|
|
|
|
Net Block |
6.058 |
5.319 |
4.685 |
|
|
|
|
|
|
Funds Invested outside Business/ non-current assets |
0.300 |
0.350 |
0.400 |
|
|
|
|
|
|
Current Assets |
32.475 |
35.438 |
38.612 |
|
|
|
|
|
|
Current Liabilities |
21.525 |
22.030 |
22.388 |
|
|
|
|
|
|
Net Current Assets |
10.950 |
13.408 |
16.224 |
|
|
|
|
|
|
B) OPERATIONAL DATA |
|
|
|
|
Gross Sales / Receipts |
60.000 |
80.000 |
90.000 |
|
|
|
|
|
|
Less: Excise / Sales Tax |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
Net Sales |
60.000 |
80.000 |
90.000 |
|
|
|
|
|
|
Other Income |
0.040 |
0.045 |
0.050 |
|
|
|
|
|
|
Manufacturing expenses |
52.662 |
69.300 |
78.400 |
|
|
|
|
|
|
Adm. and Selling Expenses |
1.750 |
2.250 |
2.750 |
|
|
|
|
|
|
Depreciation |
0.861 |
0.739 |
0.634 |
|
|
|
|
|
|
Interest* |
1.612 |
3.450 |
3.290 |
|
|
|
|
|
|
Provision for Tax |
0.974 |
1.330 |
1.538 |
|
|
|
|
|
|
Net Profit After Tax |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
Dividend / withdrawals |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
PROFITABILITY RATIO |
|
|
|
|
(NP/Sales) % |
3.63% |
3.72% |
3.82% |
|
|
|
|
|
|
Net Profit / Capital Employed % |
12.60% |
15.60% |
16.13% |
|
|
|
|
|
|
PAT / TNW % |
20.75% |
22.07% |
20.32% |
|
|
|
|
|
|
Current Ratio |
1.51 |
1.61 |
1.72 |
|
|
|
|
|
|
DE Ratio (TTL/TNW) |
0.65 |
0.41 |
0.26 |
|
|
|
|
|
|
DE Ratio (TOL/TNW) |
2.70 |
2.05 |
1.58 |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MR. MAHESH CHAND AGRAWAL
(RS. IN MILLIONS)
BANK
|
BANK |
BRANCH |
S/B/ C/D A/C NO. |
PRESENT BALANCE |
LAST 6 MONTHS AVG. BALANCE |
|
|
|
|
|
|
|
Bank of Baroda |
Mathura |
07470100010367 |
0.005 |
0.005 |
DETAILS
OF ASSETS
IMMOVABLE PROPERTY
|
ASSETS |
OWN/JOINT NAME |
AREA |
FREE HOLD OR LEASE HOLD |
LOCATION/ ADDRESS |
PRESENT VALUE |
WHETHER ENCUMBERED (GIVE DETAILS) |
|
|
|
|
|
|
|
|
|
Plot of land |
Own |
-- |
Freehold |
145, Radha Orchid |
9.000 |
Yes with BOB |
|
|
|
|
|
|
|
|
|
Factory Land and Building 1/3 Share |
Joint |
-- |
Freehold |
Bye Pass Mathura |
5.500 |
Yes with BOB |
|
|
|
|
|
|
|
|
|
Factory Land and Building |
Joint |
-- |
Freehold |
371,373 Panchwati Mathura |
11.625 |
No |
|
|
|
|
|
|
|
|
|
Plot of land |
Own |
-- |
Freehold |
376, Mauja Kota |
6.500 |
Yes with BOB |
MOVABLE PROPERTY
INSURANCE
POLICIES
|
NAME OF COMPANY AND
BRANCH |
SURRENDER VALUE |
ANNUAL PREMIUM |
PREMIUM PAID UP TO WHAT PERIOD |
|
|
|
|
|
|
LIC |
1.000 |
0.049 |
31.03.2013 |
Total Paid up Value = Rs 0.200 Million
SHARES/ DEBENTURES/
MUTUAL FUND ETC.
|
NAME OF COMPANY |
NO. OF SHARES |
CURRENT MARKET VALUE |
|
Skylark Printers and Publishers Private Limited |
160000 |
1.600 |
CAPITAL INVESTED
IN BUSINESS
|
NAME OF FIRM/ COMPANY |
AMOUNT IN MILLIONS |
|
|
|
|
Mahesh Pustakalaya |
10.734 |
OTHER INVESTMENTS/ ASSETS SHAREHOLDINGS IN BUSINESS CASH IN HAND AND
HOUSE HOLD ITEMS = Rs. 0.300 Million
LEGAL HEIRS/FAMILY
PARTICULARS
|
NAME |
OCCUPATION |
RELATION |
AGE |
MARITAL
STATUS |
ADDRESS |
|
Mahima Agrawal |
Business |
Wife |
61 |
Married |
24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura |
|
|
|
|
|
|
|
|
Nitesh Agrawal |
Business |
son |
35 |
Married |
24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura |
|
|
|
|
|
|
|
|
Mukesh Agrawal |
Business |
son |
33 |
Married |
24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MR. MAHIMA AGRAWAL
(RS. IN MILLIONS)
BANK
|
BANK |
BRANCH |
S/B/ C/D A/C NO. |
PRESENT BALANCE |
LAST 6 MONTHS AVG. BALANCE |
|
Bank of Baroda |
Goverdhan Chowk Mathura |
35390100001651 |
0.005 |
0.005 |
DETAILS OF ASSETS
IMMOVABLE
PROPERTY
|
ASSETS |
OWN/JOINT
NAME |
AREA |
FREE
HOLD OR LEASE HOLD |
LOCATION/ ADDRESS |
PRESENT
VALUE |
WHETHER
ENCUMBERED (GIVE DETAILS) |
|
|
|
|
|
|
|
|
|
Residential House |
Own |
91.14 Sq Mtr |
Freehold |
24,Shahganj Darwaja, Mathura |
6.057 |
No |
|
|
|
|
|
|
|
|
|
Factory Land AND
Building ½ share |
Joint |
-- |
Freehold |
Panchwati Mathura |
11.000 |
Yes with BOB |
|
|
|
|
|
|
|
|
|
Plot of Land |
Own |
-- |
Freehold |
146, Radha Orchid Colony |
9.000 |
Yes with BOB |
|
|
|
|
|
|
|
|
|
Building Property |
Own |
253.60 Sq Mtr |
Freehold |
365,366 Panchwati Mathura |
8.046 |
No |
|
|
|
|
|
|
|
|
|
Plot of land |
Own |
-- |
Freehold |
371, Mauja Kota |
6.500 |
Yes with BOB |
MOVABLE
PROPERTY
|
NAME OF COMPANY
& BRANCH |
POLICY NO. |
SUM ASSURED |
SURRENDER VALUE |
ANNUAL PREMIUM |
PREMIUM PAID UP TO WHAT PERIOD |
|
|
|
|
|
|
|
|
Life Insurance Corporation |
Various Policy |
|
2.500 |
0.136 |
Up to date |
|
|
|
Value |
|
|
|
Total Paid up Value = Rs. 0.400 Million
JEWELLERY
|
|
Quantity |
Valuation (Approx.) |
|
Gold |
600 Gm |
1.600 |
|
|
|
|
|
Silver |
2.5 Kg |
0.100 |
CAPITAL INVESTED IN BUSINESS
|
NAME OF FIRM/COMPANY |
AMOUNT IN MILLIONS |
|
|
|
|
K C Printing and Allied Works |
17.697 |
OTHER INVESTMENTS/ASSETS SHAREHOLDINGS IN BUSINESS CASH IN HAND AND HOUSE HOLD ITEMS = Rs. 0.100 Million
LEGAL
HEIRS/FAMILY PARTICULARS
|
NAME |
OCCUPATION |
RELATION |
AGE |
MARITAL STATUS |
ADDRESS |
|
|
|
|
|
|
|
|
Mahesh Chand Agrawal |
Business |
Husband |
59 |
Married |
24, Dwarkesh Puri Sahaganj Darwaja Mathura |
|
|
|
|
|
|
|
|
Nitesh Agrawal |
Business |
Son |
35 |
Married |
|
|
|
|
|
|
|
|
|
Mukesh Agrawal |
Business |
Son |
33 |
Married |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MR. MUKESH AGRAWAL
(RS. IN MILLIONS)
BANK
|
BANK |
BRANCH |
S/B/ C/D A/C NO. |
PRESENT BALANCE |
LAST 6 MONTHS AVG. BALANCE |
|
HDFC Bank Limited |
Mathura |
2681000039161 |
0.284 |
0.010 |
DETAILS OF
ASSETS
IMMOVABLE PROPERTY
|
ASSETS |
OWN/JOINT NAME |
FREE HOLD OR LEASE HOLD |
LOCATION/ ADDRESS |
PRESENT VALUE |
WHETHER ENCUMBERED (GIVE DETAILS) |
|
|
|
|
|
|
|
|
Factory Land and Building (1/4 Share) |
Joint |
Freehold |
Panchwati Mathura |
6.000 |
Yes, with BOB |
|
|
|
|
|
|
|
|
Factory Land and Building (1/3 Share) |
Joint |
Freehold |
Bye Pass Mathura |
5.500 |
Yes, with BOB |
MOVABLE PROPERTY
|
NAME OF COMPANY AND
BRANCH |
SUM ASSURED |
ANNUAL PREMIUM |
PREMIUM PAID UP TO WHAT PERIOD |
|
|
|
|
|
|
LIC |
5.000 |
0.113 |
Up to date |
Total Paid up Value = Rs 0.500 Million
SHARES/ DEBENTURES/ MUTUAL FUND ETC.
|
NAME OF COMPANY |
NO. OF SHARES |
WHETHER FULLY PAID (YES/NO) |
CURRENT MARKET VALUE |
|
Skylark Printers and Publishers Private Limited |
185000 |
(Yes) |
1.850 |
OTHER INVESTMENTS/ ASSETS (GIVE FULL DETAILS) SHAREHOLDINGS IN BUSINESS ADVANCES = Rs. 0.408 Million, CASH IN HAND AND HOUSE HOLD ITEMS = Rs 0.400 Million
LIABILITIES
AS BORROWER
|
BORROWED FROM |
PURPOSE OF LOAN |
AMOUNT OF LOAN |
SECURITY |
OUTSTANDING BALANCE |
|
|
|
|
|
|
|
Unsecured loan |
Business |
1.127 |
Unsecured |
1.127 |
LEGAL
HEIRS/FAMILY PARTICULARS
|
NAME |
OCCUPATION |
RELATION |
AGE |
MARITAL
STATUS |
ADDRESS |
|
Shalini Agrawal |
House Wife |
Wife |
30 |
Married |
24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura |
|
|
|
|
|
|
|
|
Yashika |
Student |
Daughter |
7 |
Unmarried |
24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura |
|
|
|
|
|
|
|
|
Pihu |
Infant |
Daughter |
2 |
Unmarried |
24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura |
------------------------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
MR. NITESH AGRAWAL
(RS. IN MILLIONS)
BANK
|
BANK |
BRANCH |
S/B/ C/D A/C NO. |
PRESENT BALANCE |
LAST 6 MONTHS AVG. BALANCE |
|
|
|
|
|
|
|
State Bank of Bikaner and Jaipur |
Ghiya Mandi Mathura |
51034922018 |
0.002 |
0.010 |
DETAILS OF
ASSETS
IMMOVABLE PROPERTY
|
ASSETS |
OWN/JOINT NAME |
AREA |
FREE HOLD OR LEASE HOLD |
LOCATION/ ADDRESS |
PRESENT VALUE |
WHETHER ENCUMBERED (GIVE DETAILS) |
|
Factory Land and Building |
Joint |
1/4th of Total Area |
Freehold |
Panchwati Mathura |
6.000 |
No |
|
|
|
|
|
|
|
|
|
Factory Land and Building |
Joint |
1/3rd of Total Area |
Freehold |
Byepass Mathura |
5.500 |
No |
MOVABLE PROPERTY
|
NAME OF COMPANY
& BRANCH |
POLICY NO. |
SUM ASSURED |
SURRENDER VALUE |
ANNUAL PREMIUM |
PREMIUM PAID UP TO WHAT PERIOD |
|
Life Insurance Corporation |
Various Policy |
|
5.000 |
0.184 |
Up to date |
|
|
|
Value |
|
|
|
Total Paid up Value = Rs 0.600 Million
SHARES/ DEBENTURES/MUTUAL FUND ETC.
|
NAME OF COMPANY |
NO. OF SHARES |
WHETHER FULLY PAID (YES/NO) |
CURRENT MARKET VALUE |
|
|
|
|
|
|
SkyLark Private Limited |
155000 |
Yes |
1.550 |
INVESTMENT IN GOVT. SECURITIES LIKE BONDS/ PPF/ NSC/ KVP/ IVP ETC.
|
BOND / CERTIFICATE
NO. |
DATE OF PURCHASE |
ISSUING OFFICE/ POST OFFICE |
FACE VALUE |
MATURITY AMOUNT |
|
NSC |
2009-10 |
PO Mathura |
50 |
0.070 |
OTHER INVESTMENTS/ASSETS SHAREHOLDINGS IN BUSINESS ADVANCES = Rs. 1.225 Millions, CASH IN HAND AND HOUSE HOLD ITEMS = Rs. 0.100 Million
LIABILITIES
AS BORROWER
|
BORROWED FROM |
PURPOSE OF LOAN |
AMOUNT OF LOAN |
SECURITY |
OUTSTANDING BALANCE |
|
|
|
|
|
|
|
Unsecured Loan |
Business |
0.805 |
Unsecured |
0.805 |
LEGAL
HEIRS/FAMILY PARTICULARS
|
NAME |
OCCUPATION |
RELATION |
AGE |
MARITAL STATUS |
ADDRESS |
|
Savita Agrawal |
Housewife |
Wife |
34 |
Married |
24, Dwarkesh Puri Sahaganj Darwaja Mathura |
|
|
|
|
|
|
|
|
Kartik |
Student |
Son |
11 |
Unmarried |
|
|
|
|
|
|
|
|
|
Akrati |
Student |
Daughter |
07 |
Unmarried |
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
VALUATION
REPORT FOR THE PRINTING PRESS BUILDING PROPERTY ON LAND BEARING KHASRA NO. 365
AND 366, OWNED BY MRS. MAHIMA AGRAWAL W/O MR. MAHESH CHAND AGRAWAL
The Valuation Report for the said Printing Press building property, Situated at J.B. Nagar, Mauja Jai Singh Pura Banger Teh and District Mathura. The Government Circle rate value of the said building property is assessed Rs. 3.735 Millions. The Market Value of the said building property is assessed Rs. 8.046 Millions. The Realisable Distress Sale value of the said building property is assessed Rs. 7.644 Millions.
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
VALUATION
REPORT FOR THE RESIDENTIAL BUILDING PROPERTY NO. 24, OWNED BY MRS. MAHIMA
AGRAWAL W/O MR. MAHESH CHAND AGRAWAL
The Valuation Report for the residential building property, Situated at Dwarkesh Puri, Rani Mandi Shahganj Darwaja, Mathura. The Government Circle Rate value of the said building property is assessed Rs. 3.423 Millions. The total Market Value of the said building property is assessed Rs. 6.057 Millions. The Realisable distress sale value of the said building property including the land is assessed Rs. 5.754 Millions.
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
VALUATION
REPORT FOR THE FACTORY BUILDING PROPERTY ON BEARING KHASRA NO. 371 AND 373,
OWNED BY MR. MAHESH CHAND AGRAWAL S/O MR. KALI CHARAN AGRAWAL
The Valuation Report for the said factory building, Situated at Mauja Jai Singh Pura Bangar, Masani Delhi Link Road District Mathura. The total Government Circle Rate value of the said factory building property is assessed Rs. 6.854 Millions. The total Market value of the said factory building property is assessed Rs. 11.625 Millions. The Total Realizable Distress Sale value of the said factory building property is assessed Rs. 10.462 Millions.
------------------------------------------------------------------------------------------------------------------------------
BANK FACILITIES
(RS. IN MILLIONS)
|
PARTICULARS |
AMOUNT IN MILLIONS |
|
|
|
|
Cash Credit Limit [Hypothecation of Stock] |
16.000 |
|
|
|
|
Proposed Non-Fund based Limit |
5.000 |
|
|
|
|
TOTAL PROPOSED
LIMITS |
21.000 |
PRESENT REQUEST
Proposal for Cash Credit limit of Rs 20.000 Millions and Non fund based (BG limit) of Rs.5.000 Millions
|
PARTICULARS |
EXISTING* |
ADDITIONAL |
TOTAL AMOUNT / LIMIT |
|
|
|
|
|
|
(i) Cash Credit Limit (Hypothecation of Stock
and Book Debts) |
Nil |
+16.000 |
16.000 |
|
|
|
|
|
|
(ii) BG Limit |
Nil |
+5.000 |
5.000 |
|
|
|
|
|
|
Maximum (i) + (ii)+(iii) |
NIL |
21.000 |
21.000 |
* Company is presently enjoying CC limit of Rs.2.000 Millions, and B.G. limit of Rs.1.000 Millions from Union Bank of India, Tilak Dwar Mathura Branch. Both the limits will be fully repaid before disbursement of limits by us. Similarly Company has availed two term loans of Rs.6.650 Millions for purchase of machinery (Present O.S. 5.285 Millions) from SIDBI. They are running satisfactorily and are standard regular accounts.
FACILITIES
|
LIMITS (WITH PURPOSE) |
EXISTING LIMIT |
PROPOSED LIMIT |
INC. (+) / DEC.(-) IN LIMITS |
PRICING* ROI/ COMMISSION |
DRAWING LIMIT |
PRESENT OUTSTANDING DATE |
OVER DUES |
|
(i) Cash Credit Limit (Hypothecation of
Stocks and Debts)) |
Nil |
16.000 |
+16.000 |
3.10% over BOI Base Rate presently 13.30% per annum with monthly rest. |
NIL |
NIL |
NIL |
|
(ii) Term Loan * |
Nil |
0.000 |
+0.000 |
||||
|
BG Limit |
NIL |
5.000 |
+5.000 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Maximum (i) + (ii) |
NIL |
21.000 |
+21.000 |
|
NIL |
|
|
* Company is presently enjoying CC limit of Rs.2.000 Millions, and B.G. limit of Rs.1.000 Millions from Union Bank of India, Tilak Dwar Mathura Branch. Both the limits will be fully repaid before disbursement of limits by us. Similarly Company has availed two term loans of Rs.6.650 Millions for purchase of machinery (Present O.S. 5.285 Millions) from SIDBI. They are running satisfactorily and are standard regular accounts.
PURPOSE
|
Purpose |
Working Capital (Purchasing of Paper, Ink, Chemicals and printing of educational books) |
|
|
BG limit required for procurement of work order. |
SECURITY
|
SECURITY |
PARTICULARS |
DATE OF VALUATION REPORT |
VALUE |
|
|
TOTAL |
THEIR SHARE (%) |
|||
|
Principal |
(i)
Hypothecation of Stock |
As per B/S dated 31.03.2015 |
25.000 |
100 |
|
(ii)
Hypothecation of Book Debts |
As per B/S dated 31.03.2015 |
4.200 |
100 |
|
|
|
(iii) Pledge of TDR @ 25 margin for BG (Upon
full utilisation0 |
|
1.250 |
100 |
|
|
|
|
|
|
|
TOTAL PRINCIPAL SECURITY |
|
30.450 |
100 |
|
|
|
|
|
|
|
|
Collateral |
DETAIL OF
COLLATERAL SECURITIES |
DATE OF VALUATION BY BANK’S APPROVED VALUER |
MARKET VALUE |
THEIR SHARE (%) |
|
(i) Equitable Mortgage of Factory
Land and Building, Khasra No 371 and 373 at Mauja Jai Singh Pura Bangar,
Masani Delhi link Road, Tahsil and District Mathura in the name of Mr. Mahesh Chand Agarwal S/o Mr. Kali
Charan Agarwal |
100 |
10.000 |
100 |
|
|
(ii) Equitable Mortgage of Factory
Land and Building , Khasra No 365 and 366 at Mauja Jai Singh Pura Bangar, J B
Nagar, Tehsil and District Mathura in the name of Mr. Mahima Agrawal W/o Mr. Mahesh
Chand Agarwal |
100 |
10.000 |
100 |
|
|
(iii) Equitable Mortgage of Residential Building, No 24 at Dwarkesh
Puri Colony, Shahganj Darwaja,Rani Mandi, Tehsil and District Mathura in the
name of Mrs. Mahima Agrawal W/o Mr.
Mahesh Chand Agarwal |
100 |
10.000 |
100 |
|
|
|
|
|
|
|
|
Total Collateral
Security |
25.728 |
100 |
||
|
|
|
|
||
|
Collateral Security
Coverage Ratio |
1.03 |
|
||
|
|
|
|
||
|
Total Security |
56.178 |
|
||
|
|
|
|
||
|
Asset Coverage Ratio |
2.24 |
|
||
|
DIRECTOR’ NAME
WITH ADDRESS AND
TELEPHONE NO. |
ASSETS |
LIABILITIES |
NET WORTH |
BASIS |
|
Mr. Mahesh Chand Agarwal S/o Shri Kali charan Agaarwal 24, Dwarkesh Puri Colony, Shahganj Darwaja, Mathura. Mobile: 9756600428 Director of SKYLARK PRINTERS AND PUBLISHERS PRIVATE
LIMITED |
45.459 |
NIL |
45.459 |
As per Assets
and liabilities statement (Form CBD-23) dated
29.10.2014 duly verified by
the M/s Ram Alok and Co. Chartered
Accountants |
|
Mr. Nitesh Agrawal S/o Shri Mahesh Chand Agarwal 24,Dwarkesh Puri Colony, Shahganj Darwaja, Mathura Mobile: Director of SKYLARK PRINTERS AND PUBLISHERS PRIVATE
LIMITED |
15.045 |
0.805 |
14.240 |
|
|
Mr. Mukesh Agarwal S/o Shri Mahesh Chand Agarwal 24,Dwarkesh Puri Colony, Shahganj Darwaja, Mathura Mobile : 9837022161 Director of SKYLARK PRINTERS AND PUBLISHERS PRIVATE
LIMITED |
14.658 |
1.127 |
13.531 |
|
|
|
|
|
|
|
|
GUARANTORS’ NAME
WITH ADDRESS AND
TELEPHONE NO. |
ASSETS |
LIABILITIES |
NET WORTH |
|
|
Mr. Mahima Agarwal W/o Shri Mahesh Chand Agarwal 24,Dwarkesh Puri Colony, Shahganj Darwaja, Mathura |
60.500 |
0.000 |
60.500 |
|
|
|
|
|
|
|
|
TOTAL |
135.662 |
1.932 |
133.730 |
|
FINANCIAL
INDICATORS
(RS. IN MILLIONS)
|
SR. NO. |
PARTICULARS |
PROVISIONAL 30.09.2014 |
ESTIMATED 2014-15 |
PROJECTED 2015-16 |
PROJECTED 2016-17 |
|
|
|
|
|
|
|
|
a) |
Paid up Capital: |
|
|
|
|
|
|
- Equity |
5.000 |
5.000 |
5.000 |
5.000 |
|
|
- Preference Share |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
General reserve |
4.734 |
5.507 |
8.483 |
11.921 |
|
|
|
|
|
|
|
|
b) |
Tangible Net worth |
9.734 |
10.507 |
13.483 |
16.921 |
|
|
|
|
|
|
|
|
c) |
Investment in cos (Of which in group cos) |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
d) |
Adjusted TNW |
9.734 |
10.507 |
13.483 |
16.921 |
|
|
|
|
|
|
|
|
e) |
Medium and Long Term Loans (Unsecured Loan) |
19.735 |
6.800 |
5.594 |
4.388 |
|
|
|
|
|
|
|
|
f) |
Capital Employed |
29.469 |
17.308 |
19.077 |
21.309 |
|
|
|
|
|
|
|
|
g) |
Current Assets |
20.669 |
32.475 |
35.438 |
38.612 |
|
|
|
|
|
|
|
|
h) |
Current Liabilities |
3.137 |
21.525 |
22.030 |
22.388 |
|
|
|
|
|
|
|
|
|
NWC (g-h) |
17.532 |
10.950 |
13.408 |
16.224 |
|
|
|
|
|
|
|
|
i) |
Net Block |
11.921 |
6.058 |
5.319 |
4.685 |
|
|
|
|
|
|
|
|
j) |
Net sales : Domestic |
22.276 |
60.000 |
80.000 |
90.000 |
|
|
|
|
|
|
|
|
|
Exports Total |
22.276 |
60.000 |
80.000 |
90.000 |
|
|
|
|
|
|
|
|
k) |
Other Income |
0.018 |
0.040 |
0.045 |
0.050 |
|
|
|
|
|
|
|
|
|
EBIDTA |
2.133 |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
m) |
Interest |
0.307 |
1.612 |
3.450 |
3.290 |
|
|
|
|
|
|
|
|
|
Gross profit |
1.826 |
-- |
--- |
-- |
|
|
|
|
|
|
|
|
n) |
Taxes |
0.435 |
0.974 |
1.330 |
1.538 |
|
|
|
|
|
|
|
|
o) |
Cash Accruals |
1.826 |
3.041 |
3.714 |
4.073 |
|
|
|
|
|
|
|
|
p) |
Depreciation |
0.854 |
0.861 |
0.739 |
0.634 |
|
|
|
|
|
|
|
|
q) |
Net Profit/ (Loss) |
1.407 |
2.181 |
2.976 |
3.438 |
|
|
|
|
|
|
|
|
r) |
Net Profit/ Capital Employed (%) |
0.477 |
1.260 |
1.560 |
1.613 |
|
|
|
|
|
|
|
|
|
RATIOS
: |
|
|
|
|
|
s) |
Current
ratio |
6.59 |
1.51 |
1.61 |
1.72 |
|
|
|
|
|
|
|
|
t) |
Debt/Equity |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
u) |
(i) TOL / Adjusted TNW |
2.35 |
2.70 |
2.05 |
1.58 |
|
|
|
|
|
|
|
|
|
(ii) Term liabilities / Adjusted TNW |
2.03 |
0.65 |
0.41 |
0.26 |
|
|
|
|
|
|
|
|
(iii) TOL/Quasi Equity |
1.18 |
2.26 |
1.78 |
1.42 |
|
|
|
|
|
|
|
|
|
v) |
DSCR |
NA |
|||
|
|
|
|
|
|
|
|
|
Average DSCR |
NA |
|||
|
|
|
|
|
|
|
|
w) |
ICSR |
6.94 |
-- |
2.08 |
2.24 |
|
|
|
|
|
|
|
|
x) |
Inventory+ Receivables/ Sales (%) |
-- |
53.17 |
42.50 |
40.56 |
FINANCIAL
POSITION
PAID UP CAPITAL/TNW:
Capital structure and Movement of Capital is as under:
|
PARTICULARS |
ESTIMATED 2014-15 |
PROJECTED 2015-16 |
PROJECTED 2016-17 |
|
Paid up Capital: |
|
|
|
|
- Equity |
5.000 |
5.000 |
5.000 |
|
- Preference Share |
-- |
-- |
-- |
|
|
|
|
|
|
General Reserve |
5.507 |
8.483 |
11.921 |
|
|
|
|
|
|
Tangible Net worth |
10.507 |
13.483 |
16.921 |
|
|
|
|
|
|
Investment in Cos (Of which in group Cos) |
-- |
-- |
-- |
|
|
|
|
|
|
Adjusted TNW |
10.507 |
13.483 |
16.921 |
Company’ capital as per audited Balance Sheet of FY 2013-14 is Rs.8.326 Millions. The flow of Capital is as under:
|
PARTICULARS |
ESTIMATED 2014-15 |
PROJECTED 2015-16 |
|
Opening Capital |
8.326 |
10.507 |
|
|
|
|
|
Add : Profit |
2.181 |
2.976 |
|
|
|
|
|
Add : Fresh Capital introduced |
-- |
-- |
|
|
|
|
|
Less : Drawing |
-- |
-- |
|
|
|
|
|
Closing Capital |
10.507 |
13.483 |
|
|
|
|
|
Unsecured Loans |
2.000 |
2.000 |
|
|
|
|
|
Total : Capital + USL |
12.507 |
15.483 |
Additional capital of Rs. 2.500 Millions is raised as on F.Y.31.03.2014. The Company has already raised fresh unsecured loans of Rs.2.000 Millions during the current financial year 2014-15. Hence, as per above tables, Net profit of the Company is increasing year after year therefore, capital of the Company is increasing simultaneously.
ASSESSMENT/JUSTIFICATION
FOR PROPOSED LIMITS
ASSESSMENT ON WORKING
CAPITAL LIMITS
(RS. IN MILLIONS)
|
SR. NO. |
PARTICULARS |
ESTIMATED 31.03.2015 |
PROJECTED 31.03.2016 |
|
|
|
|
|
|
a. |
Gross Sales |
60.000 |
80.000 |
|
|
|
|
|
|
b. |
25% of Gross Sales |
15.000 |
20.000 |
|
|
|
|
|
|
c. |
5% of Gross Sales |
3.000 |
4.000 |
|
|
|
|
|
|
d. |
(b-c) |
12.000 |
16.000 |
|
|
|
|
|
|
e. |
Permissible Bank Finance |
12.000 |
16.000 |
|
|
|
|
|
|
f. |
Limit availed/ Requested |
-- |
-- |
ASSESSMENT OF WCFB LIMITS
(RS. IN MILLIONS)
|
SR. NO. |
FACILITY |
EXISTING WITH UBI |
PROPOSED |
|
|
|
|
|
|
i |
Cash Credit Limit (Hypothecation of Stock) |
2.000 |
16.000 |
|
|
|
|
|
|
|
Cash Credit Limit (Hypothecation of Book debt) |
2.000 |
16.000 |
|
|
|
|
|
|
|
MAXIMUM |
2.000 |
16.000 |
BORROWER’S
EXPOSURE (EXISTING)
(RS. IN MILLIONS)
|
WITH OTHER BANK |
FACILITY |
LIMIT |
OUTSTANDING |
ASSET STATUS |
REMARKS |
|
|
|
|
|
|
|
|
With Union Bank of India A/c No. 305705040000976 |
Cash Credit
Limit# (Stock and Book Debts) |
2.000 |
0.956 |
Standard,
Regular. |
Account is in
order. |
|
|
|
|
|
|
|
|
SIDBI |
Term Loan (TL-I) |
3.150 |
1.785 |
Standard,
Regular. |
Account is in
order (Statement of Loan account is obtained) 60 Monthly Installment started w.e.f May-2013 |
|
|
|
|
|
|
|
|
SIDBI |
Term Loan (TL-II) |
3.500 |
3.500 |
Standard,
Regular. |
Account is in order
(Statement of Loan account is obtained). 60 Monthly Installment started w.e.f Dec-2014 |
|
|
|
|
|
|
|
|
With FIs* |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
Under Lease Finance/ Invt. |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
Total |
-- |
8.650 |
6.241 |
Standard |
-- |
|
|
|
|
|
|
|
|
Non Fund Based |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
With Union Bank of India |
BG Limit # |
1.000 |
-- |
Standard |
-- |
# Company is presently enjoying CC limit of Rs.2.000 Millions, and B.G. limit of Rs.1.000 Million from Union Bank of India, Tilak Dwar Mathura Branch. Both the limits will be fully repaid before disbursement of limits by them.
EXPOSURE OF SISTER CONCERN (MAHESH PUSTAKALAYA)
|
WITH OTHER BANK |
FACILITY |
LIMIT |
OUTSTANDING |
ASSET STATUS |
REMARKS |
|
With Bank of Baroda (Kotwali Road, Mathura) A/c No.07470500012915 |
Cash Credit Limit (Stock and Book Debts) |
30.000 |
21.327 |
Standard, Regular. |
Account is in order. |
$Account M/S Mahesh Pustakalaya was running with our Mathura main Branch with Cash Credit. It was taken over by Bank of Baroda in the year 2007. Party switched to Bank of Baroda due to issue of enhancement of limits and Rate of Interest.
GROUP EXPOSURE
(INCLUDING THIS PROPOSAL)
(RS. IN MILLIONS)
|
NAME OF ACCOUNT SANCTIONING
AUTHORITY AND DATE |
CUSTOMER ID ACCOUNT NO. |
LIMITS |
CREDIT RATING |
PRESENT OUTSTANDING AS ON 30.09.2014 |
OVER DUES |
|
Skylark Printers and Publishers Private Limited |
CC Limit |
2.000 |
SBS-2 |
0.956 |
-- |
|
Skylark Printers and Publishers Private Limited |
TL-I |
3.150 |
SBS-2 |
1.785 |
-- |
|
Skylark Printers and Publishers Private Limited |
TL-I |
3.500 |
SBS-2 |
3.500 |
-- |
|
Skylark Printers and Publishers Private Limited |
BG |
1.000 |
SBS-2 |
-- |
-- |
------------------------------------------------------------------------------------------------------------------------------
PROFILE
Subject is a closely held family run Private
Limited Company. Mr. Mahesh Chand Agarwal (Father), Mr. Nitesh Agrawal (elder
son) and Mr. Mukesh Agrawal (Younger Son), residents of 24, Dwarkesh Puri Colony, Shahganj Darwaja,
Mathura, are the directors of the company. The Company has its registered office
and Factory at J.B. Nagar, Panchwati, Mathura. The Company was incorporated on
06.04.2000 and unit is running in full swing since then. The Company is engaged
in the business of printing of educational books as per work order by various
states run educational Boards and universities.
Education and learning is vital to corporate growth and resilience. They
all are aware that education is one of the basic necessities of life and this
sector is growing by leaps and bounds and there is a vast potential in this
field. Now a day the number of Schools, Colleges, Universities and other
educational institutions are increasing day by day. Similarly central and state
government is taking various initiatives to give education to all citizens.
There is lot of work emerging every year through various education board and
universities. They all know education is universally recognized as one of the
most fundamental building blocks for human development and one of the powerful
tools to reducing poverty, and their central government and other states
government are undertaking various reforms to provide elementary education to
all students of India. In every year huge amount of Budget is allotted to
improve the efficiency of the education system.
The Company is doing this business since more than ten years. The
borrower Companies Director, Mahesh Chand Agarwal S/o Shri Kali Charan Agarwal aged 59 Years
and post graduate (M. Com.), is having vast experience of Printing business, a
person of high integrity and social reputation. He is doing the same business
in the name and style of Mahesh Pustakalaya since more than 30 years and earned
goodwill in this line of business. The firm, Mahesh Pustakalaya was previously
associated with our Mathura main Branch. They switched to Bank of Baroda due
Rate of Interest and enhancement of limit issues.
Promoter, Sh. Mahesh Chand Agrawal hails from business family and having
vast knowledge and experience of printing business. In the course of business
they got work order from various educational boards and universities and
printed books/Note books as per agreement and then supplied the books as per
customer’s requirement. They have installed Two Hi Tower Web Offset four Colour
Printing Machine (Model-578 and Model 508) and various other Machines (List
enclose separately) . Thus for purposes of printing Paper, Cover, Ink and
Chemicals and printing expenses are in needed for completion of tender and for
these expenses company needed funds. As
this business is based on one or two seasons in a year, therefore for purchase
and stocking, peak level requirements are substantially high, as envisaged by
the Directors.
MANUFACTURING PROCESS
The proponents has request for CC Limit of Rs 20.000 Millions and BG
Limit of Rs 5.000 Millions. In view of past performance their request seems
genuine and justified. The borrower firm turnover / achievement during the last
financial year 2013-14 and 2014-15 (up to 30.09.2014) are as under:
|
PARTICULARS |
PROVISIONAL 30.09.2014 |
ESTIMATED
2014-15 |
|
|
|
|
|
Purchase |
13.359 |
47.200 |
|
|
|
|
|
Sales |
22.276 |
60.000 |
The proposed advance will be secured by their hypothecation charge on
all type of Stock and Book Debts as principal security. Equitable Mortgage of Factory
Land and Building, Khasra No 371 and 373 at Mauja Jai Singh Pura Bangar, Masani
Delhi link Road, Tahsil and District Mathura in the name of Mr. Mahesh Chand Agarwal S/o Mr. Kali
Charan Agarwal, Equitable Mortgage of Factory Land and Building, Khasra No 365
and 366 at Mauja Jai Singh Pura Bangar, J B Nagar, Tahsil and District Mathura
in the name of Mrs. Mahima Agrawal W/o Mr. Mahesh Chand Agarwal, Equitable Mortgage of Residential Building , No 24 at Dwarkesh
Puri Colony, Shahganj Darwaja, Rani Mandi, Tahsil and District Mathura in the
name of Mrs. Mahima Agrawal W/o
Mr. Mahesh Chand Agarwal will be
created as collateral security. As the limit is required mainly for printing
expenses, procurement of stocks, they propose Security documents for Cash Credit
Limit (Hypothecation of Stock and Book Debts) for total amount of Rs.20.000
Millions. For operational easement
the limits will be released through one account and drawing limit will be
calculated for stocks and book debts jointly and clubbed for common Cash Credit
Account. They propose to execute common security document for full limit for
Stock and Book Debts.
Having regards as above stated they recommend for
Sanction:
|
SR. NO. |
PARTICULARS |
EXISTING LIMITS |
PROPOSED LIMITS |
|
1 |
Cash Credit Limit (Hypothecation of Stock ) on
25% margin & (hypothecation of Book debts) maximum 90 days old on 50% margin |
NIL |
16.000 |
|
|
|
|
|
|
2 |
Non Fund Based BG Limit |
NIL |
5.000 |
|
|
|
|
|
|
|
Total |
|
21.000 |
------------------------------------------------------------------------------------------------------------------------------
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
|
1 |
10513251 |
22/07/2014 |
3,500,000.00 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
UG 5-6 AT UPPER
GROUND FLOOR, SHRI NATH JI COMPLEX, MADIA KATRA CROSSING, NEAR NEERAJ DAIRY,
AGRA, |
C15266349 |
|
2 |
10397830 |
10/01/2013 |
3,150,000.00 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
UG 5-6 AT UPPER
GROUND FLOOR, SHRI NATH JI COMPLEX, MADIA KATRA CROSSING, NEAR NEERAJ DAIRY,
AGRA, |
B66178153 |
|
3 |
10168602 |
11/06/2009 |
1,000,000.00 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
A-20,MANSAROVER COLONY, RAMGHAT ROAD, ALIGARH, UTTAR PRADESH - 202001, INDIA |
A66793696 |
|
4 |
10110522 |
28/03/2009 * |
2,000,000.00 |
UNION BANK OF INDIA |
TILAK DWAR, MATHURA, UTTAR PRADESH - 281001, INDIA |
A60702602 |
|
5 |
10110524 |
26/05/2008 |
1,000,000.00 |
UNION BANK OF INDIA |
MATHURA MAIN BRANCH, TILAK DWAR, MATHURA, UTTAR PRADESH - 281001, INDIA |
A41222951 |
|
6 |
90280250 |
26/05/2008 * |
886,000.00 |
UNION BANK OF INDIA |
MATHURA MAIN BRANCH, TILAK DWAR, MATHURA, UTTAR PRADESH - 281001, INDIA |
A41223074 |
* Date of charge modification
FIXED ASSETS:
· Furniture
· Plant and Machinery
· Inverter
· Vehicles
· Land
· CCTV
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. 63.75 |
|
|
1 |
Rs. 98.88 |
|
Euro |
1 |
Rs. 77.32 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
BVA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
3 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
4 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
4 |
|
--CREDIT LINES |
1~10 |
3 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTERS |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
34 |
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.