MIRA INFORM REPORT
|
Report No. : |
302613 |
|
Report Date : |
13.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
ANSAPACK PRIVATE LIMITED (w.e.f. 26.02.2011) |
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|
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Formerly Known
As : |
ANSA PRINTPACK PRIVATE LIMITED |
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Registered
Office : |
30, Simplex Mills Compound,1st Floor, K K Marg, Sant Gadge
Maharaj Chowk, Mahalaxmi (East), Mumbai-400011, Maharashtra |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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Date of
Incorporation : |
28.12.1994 |
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Com. Reg. No.: |
11-0840950 |
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Capital
Investment / Paid-up Capital : |
Rs.40.229 Millions |
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CIN No.: [Company Identification
No.] |
U21000MH1994PTC084095 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMA21835C |
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PAN No.: [Permanent Account No.] |
AAACA4849G |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and exporter of Packing Materials, Corrugated
Cartoons and Aluminium Foil. |
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No. of Employees
: |
125 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having satisfactory track record. 23 AC for 2014 could not be made available from any source. As per financials of 2013, Overall financial position of the company
is decent. Trade relations are reported to be fair. Business is active. Payment
terms are reported to be usually correct. The company can be considered for business dealing at usual trade
terms and conditions. |
NOTES:
Any query related to this report can be made on
e-mail : infodept@mirainform.com
while quoting report number, name and date.
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. Dhiraj Sharma |
|
Designation : |
Accounts Executive |
|
Contact No.: |
91-9867020252 |
|
Date : |
12.01.2015 |
LOCATIONS
|
Registered Office / Corporate Office : |
30, Simplex Mills Compound,1st Floor, K K Marg, Sant Gadge Maharaj
Chowk, Mahalaxmi (East), Mumbai-400011, Maharashtra, India |
|
Tel. No.: |
91-22-23020260 / 23020253 |
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Mobile No.: |
91-9867020252 (Mr. Dhiraj Sharma) |
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Fax No.: |
91-22-23006409 / 23006405 |
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E-Mail : |
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Website : |
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Area : |
1500 Sq. ft. |
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Location : |
Rented |
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Factory 1 : |
15, 16, 21, Industrial Estate, Opposite Swastik Oil Mill, Ambernath,
Thane - 421501, Maharashtra, India |
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Tel. No.: |
91-251-2684092 |
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Area : |
25000 sq. ft. |
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Location : |
Owned |
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Factory 2 : |
Block No. 52m
Mouje Kunvada, Taluka-Mangrol, District |
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Area : |
50000 sq. ft. |
|
Location : |
Owned |
DIRECTORS
As on 30.09.2014
|
Name : |
Mr. Arvind Premnath Agarwal |
|
Designation : |
Director |
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Address : |
6/1, Mitra Kunj, 16-A, Pedder Road, Mumbai – 400026, Maharashtra, India |
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Date of Birth/Age : |
06.01.1955 |
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Qualification : |
B. Sc. |
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Date of Appointment : |
28.12.1994 |
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DIN No. |
00391757 |
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PAN No.: |
AAGPA0124R |
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|
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Name : |
Mr. Prakash Kanayalal Makhija |
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Designation : |
Director |
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Address : |
Suhas Apartment, Off. L. Jagmohandas Marg, Mumbai – 400006, Maharashtra, India |
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Date of Birth/Age : |
08.07.1954 |
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Qualification : |
B. Sc. |
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Date of Appointment : |
18.04.1995 |
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DIN No. |
00152971 |
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|
|
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Name : |
Mr. Anil Gopal Sharma |
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Designation : |
Director |
|
Address : |
A-7, Parekh Apartments, Raheja Towership, Malad (East), Mumbai – 400097, Maharashtra, India |
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Date of Birth/Age : |
13.11.1958 |
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Qualification : |
Graduate |
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Date of Appointment : |
15.12.2003 |
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DIN No. |
01096010 |
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|
|
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Name : |
Mr. Gautam Arvind Agarwal |
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Designation : |
Director |
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Address : |
6/1, Mitra Kunj, 16/A, Peddar Road, Mumbai-400026, Maharashtra, India |
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Date of Birth/Age : |
21.12.1987 |
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Date of Appointment : |
16.06.2010 |
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DIN No. |
03123911 |
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PAN No.: |
AINPA0315M |
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|
|
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Name : |
Mr. Aditya Arvind Agarwal |
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Designation : |
Director |
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Address : |
6/1, Mitra Kunj, 16/A, Peddar Road, Mumbai-400026, Maharashtra, India |
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Date of Birth/Age : |
21.12.1987 |
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Date of Appointment : |
24.05.2013 |
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DIN No. |
06611039 |
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PAN No.: |
AIKPA7891F |
KEY EXECUTIVES
|
Name : |
Mr. Dhiraj Sharma |
|
Designation : |
Accounts Executive |
MAJOR SHAREHOLDERS
As on 30.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Arvind Premnath Agarwal |
|
490416 |
|
Premdas B. Agarwal |
|
1020 |
|
Nifty Holdings Private Limited, India |
|
674424 |
|
Gaiety Holdings Private Limited, India |
|
546924 |
|
Piramal Corporate Services Limited, India |
|
907953 |
|
Saidarshan Business Centres Private Limited, India |
|
164424 |
|
Emblem Holdings Private Limited, India |
|
546924 |
|
Premnath Agarwal, Karta, Premnath B Agarwal, HUF |
|
326400 |
|
Racha Agarwal |
|
25500 |
|
Janak Agarwal |
|
19380 |
|
Aditya Agarwal Investments (Bombay) Private Limited, India |
|
36924 |
|
Alpex Holdings Private Limited, India |
|
59058 |
|
Alpex Power Private Limited, India |
|
59058 |
|
VKT Ventures LLP, India |
|
51 |
|
Shivani Vishal Jatia |
|
164424 |
|
|
|
|
|
Total |
|
4022880 |
As on 30.09.2014
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Bodies corporate |
74.47 |
|
Directors or relatives of Directors |
21.44 |
|
Other top fifty shareholders |
4.09 |
|
Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and exporter of Packing Materials, Corrugated
Cartoons and Aluminium Foil. |
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Products : |
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Exports : |
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Products : |
Finished Goods |
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Countries : |
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Imports : |
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Products : |
Raw Material |
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Countries : |
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Terms : |
Not Divulged |
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
125 (Approximately) |
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Bankers : |
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Facilities : |
(Rs. In Millions)
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Banking
Relations : |
--- |
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Financial Institution : |
· TATA Capital Financial Services Limited, One Forbes, Dr. V. B. Gandhi Marg, Fort, Mumbai - 400001, Maharashtra, India · Siemens Financial Services Private Limited, 130, Pandurang Budhkar Marg, Worli, Mumbai - 400018, Maharashtra, India |
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Auditors : |
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Name : |
Vijay Rungta and Company Chartered Accountants |
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Address : |
4/88, Nityanand Nagar, S N Marg, Opposite Railway Station, Andheri
(East), Mumbai – 400 069, |
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Tel. No.: |
91-22-26836687 |
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Fax No.: |
91-22-26843748 |
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E-Mail : |
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PAN No.: |
AAAFV0164A |
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Associates : |
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CAPITAL STRUCTURE
As on 30.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
7000000 |
Equity Shares |
Rs.10/- each |
Rs. 70.000 Millions |
|
65000 |
Preferences Shares |
Rs.100/- each |
Rs. 6.500 Millions |
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|
|
|
|
|
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Total |
|
Rs.76.500
Millions |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
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|
|
|
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|
4022880 |
Equity Shares |
Rs.10/- each |
Rs. 40.229 Million |
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FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
40.229 |
0.789 |
0.644 |
|
(b) Reserves & Surplus |
311.463 |
328.721 |
307.911 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
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(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.145 |
|
Total
Shareholders’ Funds (1) + (2) |
351.692 |
329.510 |
308.700 |
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|
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(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
277.321 |
110.637 |
134.911 |
|
(b) Deferred tax liabilities (Net) |
35.701 |
30.398 |
29.975 |
|
(c) Other long term
liabilities |
23.579 |
26.612 |
50.591 |
|
(d) long-term
provisions |
3.246 |
2.528 |
1.430 |
|
Total Non-current
Liabilities (3) |
339.847 |
170.175 |
216.907 |
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(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
427.644 |
359.764 |
256.868 |
|
(b) Trade
payables |
362.393 |
269.727 |
225.162 |
|
(c) Other
current liabilities |
102.488 |
43.252 |
31.724 |
|
(d) Short-term
provisions |
2.347 |
2.048 |
11.594 |
|
Total Current
Liabilities (4) |
894.872 |
674.791 |
525.348 |
|
|
|
|
|
|
TOTAL |
1586.411 |
1174.476 |
1050.955 |
|
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|
|
|
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II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
576.356 |
448.719 |
344.507 |
|
(ii)
Intangible Assets |
7.138 |
8.510 |
10.097 |
|
(iii)
Capital work-in-progress |
86.798 |
5.396 |
101.917 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
10.844 |
7.193 |
4.059 |
|
(e) Other Non-current
assets |
0.861 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
681.997 |
469.818 |
460.580 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.085 |
0.085 |
|
(b) Inventories |
431.816 |
361.385 |
262.320 |
|
(c) Trade
receivables |
338.718 |
288.609 |
273.132 |
|
(d) Cash
and cash equivalents |
32.432 |
10.653 |
10.093 |
|
(e)
Short-term loans and advances |
34.300 |
30.565 |
44.630 |
|
(f) Other
current assets |
67.148 |
13.361 |
0.115 |
|
Total
Current Assets |
904.414 |
704.658 |
590.375 |
|
|
|
|
|
|
TOTAL |
1586.411 |
1174.476 |
1050.955 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
1777.400 |
1544.400 |
1402.125 |
|
|
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Other Income |
NA |
NA |
NA |
|
|
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TOTAL (A) |
|
|
NA |
|
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|
Less |
EXPENSES |
|
|
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|
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|
|
Office Expenses |
|
|
|
|
|
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Administrative Expenses |
NA |
NA |
NA |
|
|
|
Advertising Expenses |
|
|
|
|
|
|
TOTAL (B) |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
NA |
124.266 |
130.268 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
NA |
61.002 |
52.684 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
NA |
63.264 |
77.584 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
NA |
29.890 |
29.602 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
NA |
33.374 |
47.982 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
NA |
9.977 |
194.850 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
26.884 |
23.397 |
28.497 |
|
|
|
|
|
|
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|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
128.736 |
107.964 |
82.592 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
0.635 |
2.350 |
2.850 |
|
|
|
Dividend |
0.241 |
0.237 |
0.236 |
|
|
|
Tax on Dividend |
0.041 |
0.038 |
0.039 |
|
|
BALANCE CARRIED
TO THE B/S |
154.706 |
128.736 |
107.964 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
6.68 |
5.82 |
435.30 |
|
|
Particulars |
|
|
31.03.2014 |
|
Sales Turnover (Approximately) |
|
|
2090.000 |
The above information has been parted by Mr. Dhiraj Sharma
KEY RATIOS
|
PARTICULARS |
|
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
Net Profit Margin (PBT/Sales) |
(%) |
NA
|
2.16 |
3.42 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA
|
2.85 |
5.06 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA
|
0.10 |
0.16 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.00
|
1.43 |
1.27 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.01
|
1.04 |
1.12 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
0.644 |
0.789 |
40.229 |
|
Reserves & Surplus |
307.911 |
328.721 |
311.463 |
|
Net
worth |
308.555 |
329.510 |
351.692 |
|
|
|
|
|
|
long-term borrowings |
134.911 |
110.637 |
277.321 |
|
Short term borrowings |
134.911 |
110.637 |
277.321 |
|
Total
borrowings |
269.822 |
221.274 |
554.642 |
|
Debt/Equity
ratio |
0.874 |
0.672 |
1.577 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
1402.125 |
1544.400 |
1777.400 |
|
|
|
10.147 |
15.087 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2011 |
31.03.2012 |
31.03.2013 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
1402.125 |
1544.400 |
1777.400 |
|
Profit |
28.497 |
23.397 |
26.884 |
|
|
2.03% |
1.51% |
1.51% |
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITIES OF
LONG-TERM DEBT
Rs. In Millions
|
Particular |
31.03.2013 |
31.03.2012 |
31.03.2011 |
|
|
|
|
|
|
Current maturities of long-term debt |
39.393 |
30.426 |
26.470 |
|
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 |
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 |
Yes |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
Yes |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details (if applicable) |
Yes |
|
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 |
No |
|
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 |
OPERATIONS:
The Net Revenues of the year has increased to Rs.1777.400 Millions from Rs.1544.400 Millions achieved in the previous year. The Directors are making continuous efforts to improve the performance of the Company. The Company has been focusing on adding new customers and developing markets for new products which will help in further improving the performance of the company.
UNSECURED LOAN
Rs. In Millions
|
Particular |
As
on 31.03.2013 |
As
on 31.03.2012 |
|
Long-term
borrowings |
|
|
|
Deposits from shareholders |
60.004 |
26.827 |
|
Intercorporate deposits |
37.471 |
37.019 |
|
Loans and advances from related parties |
77.718 |
42.042 |
|
|
|
|
|
Total |
175.193 |
105.888 |
INDEX OF CHARGES
|
S. No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10439601 |
18/07/2013 |
65,000,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI - 400013, MAHARASHTRA, INDIA |
B80653355 |
|
2 |
10430410 |
27/05/2013 |
14,377,000.00 |
TATA CAPITAL FINANCIAL SERVICES LIMITED |
ONE FORBES, DR. V.
B. GANDHI MARG, FORT, MUMBAI - 400001, |
B76848175 |
|
3 |
10416864 |
20/03/2013 |
2,250,000.00 |
TATA CAPITAL FINANCIAL SERVICES LIMITED |
ONE FORBES, DR. V.
B. GANDHI MARG, FORT, MUMBAI - 400001, |
B72309339 |
|
4 |
10371436 |
22/11/2012 * |
37,700,000.00 |
TATA CAPITAL FINANCIAL SERVICES LIMITED |
ONE FORBES, DR. V.
B. GANDHI MARG, FORT, MUMBAI - 400001, |
B64212608 |
|
5 |
10363147 |
30/05/2012 |
120,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU CENTRE,
DISCOVERY OF INDIA,, DR. |
B42690610 |
|
6 |
10363151 |
06/05/2013 * |
120,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA, DR. |
B74508870 |
|
7 |
10351844 |
16/07/2013 * |
120,000,000.00 |
YES BANK LIMITED |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA, DR. |
B80031024 |
|
8 |
10272625 |
21/02/2011 |
1,507,662.00 |
KOTAK MAHINDRA BANK LIMITED |
36-38A, NARIMAN BHAVAN, 227,D, NARIMAN POINT, MUMBAI - 400021, MAHARASHTRA, INDIA |
B07087950 |
|
9 |
10265254 |
29/12/2010 |
285,700,000.00 |
AXIS BANK LIMITED |
CREDIT MANAGEMENT
CENTRE, UNIT NO. 6, CORPORATE |
B04312195 |
|
10 |
10214314 |
27/04/2013 * |
479,600,000.00 |
AXIS BANK LIMITED |
CORPORATE BANKING
BRANCH, GR.FL, AXIS HOUSE BOMBAY, |
B75231407 |
|
11 |
10214312 |
31/03/2010 |
54,600,000.00 |
AXIS BANK LIMITED |
CREDIT MANAGEMENT
CENTRE, UNIT NO.6, CORPORATE P |
A83764639 |
|
12 |
10087059 |
24/12/2007 |
7,148,960.00 |
ORIX AUTO INFRASTRUCTURE SERVICES LIMITED |
PLOT NO. 94, MAROL CO. OP. INDUSTRIAL ESTATE, ANDHERI KURLA ROAD, ANDHERI (EAST), MUMBAI - 400059, MAHARASHTRA, INDIA |
A32180143 |
|
13 |
10087060 |
24/12/2007 |
10,040,940.00 |
ORIX AUTO INFRASTRUCTURE SERVICES LIMITED |
PLOT NO. 94, MAROL CO. OP. INDUSTRIAL ESTATE, ANDHERI KURLA ROAD, ANDHERI (EAST), MUMBAI - 400059, MAHARASHTRA, INDIA |
A32180382 |
|
14 |
90213021 |
15/01/2002 * |
1,500,000.00 |
BANK OF BAROAD |
FORT UNIVERSITY BRANCH; AGRA BUILDING, M. G. ROAD, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
|
15 |
90238301 |
28/12/1996 |
3,990.00 |
BANK OF BARODA |
FORT UNIVERSITY BRANCH; AGRA BUILDING, M. G. ROAD, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
|
16 |
90239715 |
23/02/1995 * |
1,000,000.00 |
BANK OF BARODA |
FORT UNIVERSITY, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
|
17 |
90239413 |
12/07/1989 |
800,000.00 |
DENA BANK |
ADVANCE DEPARTMENT, HORNIMAN CIRCLE; FORT, MUMBAI - 400023, MAHARASHTRA, INDIA |
- |
* Date of charge modification
FIXED ASSETS
· Land
· Buildings
· Factory building
· Plant and equipment
· Factory equipments
· Other plant and equipment
· Vehicles
· Office equipment
· Other equipments
· Computer software
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.62.16 |
|
|
1 |
Rs.94.28 |
|
Euro |
1 |
Rs.73.73 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
NKT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER
|
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
|
|
|
|
TOTAL |
|
46 |
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.