MIRA INFORM REPORT
|
Report No. : |
329428 |
|
Report Date : |
01.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
RAJASTHAN PATRIKA PRIVATE LIMITED |
|
|
|
|
Formerly Known
As : |
RAJASTHAN PATRIKA PAPER MILLS PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
Kesar Garh, Jawaharlal Nehru Marg, Jaipur – 302004, Rajasthan |
|
Tel. No.: |
91-141-3327700 |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
20.12.1974 |
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|
|
|
Com. Reg. No.: |
17-001600 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 130.728 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U22121RJ1974PTC001600 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
JPRR02428G |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACR7856G |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Printing and Publishing of newspapers, periodicals, books and
magazines. |
|
|
|
|
No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (50) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 6100000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
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Payment Behavior : |
Usually Correct |
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Litigation : |
Clear |
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Comments : |
RPPL was established in 1974 as a newspaper publishing house. It is
well established company having satisfactory track record. Rating take into consideration on RPPL’s strong financial performance
leading to stable growth in its profitability margins, strong capital
structure and above the average debt protection metrics. Further rating takes comfort, on company dominant market position
enjoyed by RPPL’s flagship newspaper and Rajasthan Patrika and extensive
experience of its promoter in the industry. However, rating get partially offset by exposure of print media
companies to volatility in newsprint prices coupled with limited capability
to pass on higher costs to end customers. Trade relations are fair as per commitment. Business is active.
Payment terms are reported to be usually correct. In view of strong financial base baked by established market postion,
the company can be considered for business dealings at usual trade terms and
conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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
|
Rating Agency Name |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
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
31-03-2013.
INFORMATION DENIED BY
|
Name : |
Mr. Ashok Arora |
|
Designation : |
Vice President of Finance |
|
Contact No.: |
91-9829047014 |
|
Date : |
30.06.2015 |
LOCATIONS
|
Registered Office : |
Kesargarh, Jawaharlal Nehru Marg, Jaipur – 302004, Rajasthan, India |
|
Tel. No.: |
91-141-39404142/ 3005662/ 2561582 (7 lines) |
|
Mobile No.: |
91-9829047014 (Mr. Ashok Arora) |
|
Fax No.: |
91-141-2566011 |
|
Telex |
362-2435/ 0365-2435 Newsin |
|
Gram |
RAJPATRIKA |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Publication Centers : |
Kesargarh, Jawaharlal Nehru Marg, Jaipur – 302004, Rajasthan Tel No. 91-141-2561582 (7 lines) Fax No. 91-141-2566011 Telex : 362-2435/ 0365-2435 Newsin Gram : RAJPATRIKA Email : info@rajasthanpatrika.com Website : http://www.rajasthanpatrika.com · 5-E jhalana Institutional Area - 302004 · Sunderwas, Station Road, Udaipur - 313001, Rajasthan, India · Manji Ka Hattaha, Paota Road, Jodhpur - 342001, Rajasthan, India · 25 Small Scale Industrial Area, Kota - 324006, Rajasthan, India · 21-Gajner Road, Bikaner – 334001, Rajasthan, India · A-503 Narnarayan Complex, Navrangpure – 380009 ·
SP-2, Parbatpure, RIICO Industrial. Area, ·
Old Industrial Ares, ·
50/11, Rajaji Nagar, ·
· F-67, Industrial Area, Jaipur Road, Sikar – 332001 · 1-2, Shakti Marg, Sriganganaga – 335001 · 304-A, Indo-world Commercial Complex, Behind Kadiwala School, Civil Char Rasta Road, Surat-395002, Gujarat, India |
|
|
|
|
Patrika T. V. Audio/
Video Division : |
· Village Kunda (Amber) – 303101 · Laxmi Complex, M. I. Road, Jaipur- 30200, Rajasthan, India |
DIRECTORS
AS ON 29.09.2014
|
Name : |
Mr. Hanuman Prasad Tiwari |
|
Designation : |
Whole-time director |
|
Address : |
23/143, Swarn Path, Mansarovar, Jaipur- 302020, Rajasthan, India |
|
Date of Birth/Age : |
06.01.1949 |
|
Date of Appointment : |
02.07.2004 |
|
PAN No.: |
AAXPT5816C |
|
DIN No.: |
00101086 |
|
|
|
|
Name : |
Mr. Gulab Kothari |
|
Designation : |
Whole-time director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
06.01.1949 |
|
Qualification : |
D. Litt, Ph.D. |
|
Experience : |
42 Years |
|
Date of Appointment : |
01.07.1990 |
|
PAN No.: |
ACRPK7488D |
|
DIN No.: |
00101210 |
|
|
|
|
Name : |
Mr. Milap Chandra Kothari |
|
Designation : |
Whole-time director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
15.12.1950 |
|
Qualification : |
B.E. (Mech.) |
|
Experience : |
39 Years |
|
Date of Appointment : |
01.03.1992 |
|
PAN No.: |
ACRPK7491E |
|
DIN No.: |
00101373 |
|
|
|
|
Name : |
Mr. Nihar Kothari |
|
Designation : |
Managing director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
17.01.1978 |
|
Qualification : |
M.A. |
|
Experience : |
18 Years |
|
Date of Appointment : |
06.09.1996 |
|
PAN No.: |
ABAPK0298B |
|
DIN No.: |
00101448 |
|
|
|
|
Name : |
Mr. Kusumbhi Kothari |
|
Designation : |
Director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
24.09.1978 |
|
Qualification : |
M.Com., M.B.A. |
|
Experience : |
18 Years |
|
Date of Appointment : |
01.10.1996 |
|
PAN No.: |
ABAPK0361P |
|
DIN No.: |
00101593 |
|
|
|
|
Name : |
Mr. Siddharth Kothari |
|
Designation : |
Managing director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
05.10.1979 |
|
Qualification : |
M.Com. |
|
Experience : |
14 Years |
|
Date of Appointment : |
05.19.2000 |
|
PAN No.: |
ACQPK2809M |
|
DIN No.: |
00101528 |
|
|
|
|
Name : |
Mr. Kalpana Kothari |
|
Designation : |
Director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
22.08.1950 |
|
Qualification : |
B.Com. |
|
Experience : |
23 Years |
|
Date of Appointment : |
27.09.1990 |
|
PAN No.: |
ACRPK7492H |
|
DIN No.: |
00101720 |
|
|
|
|
Name : |
Mr. Padmasana Kothari |
|
Designation : |
Director |
|
Address : |
House No. 11, Hospital Road, C-Scheme, Jaipur - 302001, Rajasthan, India |
|
Date of Birth/Age : |
13.04.1984 |
|
Qualification : |
M.Com. |
|
Experience : |
8 Years |
|
Date of Appointment : |
01.12.2006 |
|
DIN No.: |
01092559 |
KEY EXECUTIVES
|
Name : |
Mr. Ashok Arora |
|
Designation : |
Vice President of Finance |
|
|
|
|
Name : |
Hanuman Prasad Tiwari |
|
Designation : |
Secretary |
|
Address : |
23/143, Swarn Path, Mansarovar, Jaipur- 302020, Rajasthan, India |
|
Date of Birth/Age : |
06.01.1949 |
|
Date of Appointment : |
01.04.1993 |
|
PAN No.: |
AAXPT5816C |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2014
Shareholder’s File Attached :
Equity Share Break up (Percentage of Total Equity)
AS ON 29.09.2014
|
Category |
Percentage |
|
Bodies corporate |
11.78 |
|
Directors or relatives of Directors |
87.15 |
|
Other top fifty shareholders |
1.07 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Printing and Publishing of newspapers, periodicals, books and magazines. |
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Products : |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management |
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Bankers : |
· Dena Bank M. I. Road, Jaipur – 302001, Rajasthan, India · State Bank of Bikaner and Jaipur Tilak Marg, C – Scheme, Jaipur – 302005, Rajasthan, India Contact No.: 91-141-2369524
MID Corporate Branch, Chamber Bhawan, M.I. Road, Jaipur - 302001, Rajasthan, India
Sangam Complex, Ground Floor Church Road, Jaipur - 110001, Rajasthan, India · HDFC Bank Limited HDFC Bank House Senapati Bapat Marg, Lower Parel (West), Mumbai – 400013, Maharashtra, India |
|||||||||||||||||||||
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Facilities : |
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|
Auditors : |
|
|
Name : |
Jain Shrimal and
Company Chartered Accountant |
|
Address : |
62, Gangwal Park,
M D Road, Jaipur, Rajasthan, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAIFJ8343F |
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|
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Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Related Parties : |
· Sumeru Enterprises, India · Patrika Online (Private) Limited, India · Patrika Finance (Private) Limited, India
|
CAPITAL STRUCTURE
AS ON 29.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000000 |
Equity Shares |
Rs.10/- each |
Rs.250.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
13072850 |
Equity Shares |
Rs.10/- each |
Rs.130.729
Million |
|
|
|
|
|
ABRIDGED
BALANCE SHEET
FINANCIAL DATA
[all figures are
in Rupees Million]
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
130.728 |
130.728 |
130.728 |
|
(b) Reserves & Surplus |
2007.523 |
1531.273 |
1083.653 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total Shareholders’
Funds (1) + (2) |
2138.251 |
1662.001 |
1214.381 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
909.144 |
681.981 |
756.297 |
|
(b) Deferred tax liabilities (Net) |
180.677 |
69.829 |
39.306 |
|
(c) Other long term
liabilities |
207.145 |
197.434 |
185.173 |
|
(d) long-term
provisions |
65.683 |
57.127 |
50.034 |
|
Total Non-current
Liabilities (3) |
1362.649 |
1006.371 |
1030.810 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short term
borrowings |
509.929 |
671.688 |
403.139 |
|
(b) Trade
payables |
857.559 |
595.474 |
557.156 |
|
(c) Other
current liabilities |
582.178 |
508.569 |
333.625 |
|
(d) Short-term
provisions |
43.594 |
19.083 |
27.151 |
|
Total Current
Liabilities (4) |
1993.260 |
1794.814 |
1321.071 |
|
|
|
|
|
|
TOTAL |
5494.160 |
4463.186 |
3566.262 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
2555.067 |
2139.897 |
1753.409 |
|
(ii)
Intangible Assets |
31.708 |
42.598 |
48.232 |
|
(iii)
Capital work-in-progress |
211.450 |
12.702 |
3.316 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
22.138 |
22.138 |
18.138 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
73.773 |
138.061 |
139.019 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
2894.136 |
2355.396 |
1962.114 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
657.782 |
340.458 |
304.671 |
|
(c) Trade
receivables |
1515.711 |
1403.559 |
1034.367 |
|
(d) Cash
and cash equivalents |
285.232 |
270.108 |
192.072 |
|
(e)
Short-term loans and advances |
122.822 |
80.701 |
58.293 |
|
(f) Other
current assets |
18.477 |
12.964 |
14.745 |
|
Total
Current Assets |
2600.024 |
2107.790 |
1604.148 |
|
|
|
|
|
|
TOTAL |
5494.160 |
4463.186 |
3566.262 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
|
|
TOTAL INCOME |
7585.220 |
6303.374 |
5393.179 |
|
|
|
|
|
|
|
Less |
TOTAL EXPENSES |
6585.603 |
5401.437 |
5065.947 |
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
999.617 |
901.937 |
327.232 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
265.486 |
178.033 |
180.801 |
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
734.131 |
723.904 |
146.431 |
|
|
|
|
|
|
|
Less |
TAX |
241.415 |
263.642 |
41.539 |
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
492.716 |
460.262 |
104.892 |
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
872.502 |
419.887 |
322.197 |
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
Proposed Dividend |
11.471 |
7.647 |
7.202 |
|
|
TOTAL |
11.471 |
7.647 |
7.202 |
|
|
|
|
|
|
|
|
BALANCE CARRIED
TO THE B/S |
1353.747 |
872.502 |
419.887 |
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
37.69 |
35.21 |
8.02 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
316.073 |
275.893 |
260.757 |
|
Cash generated from operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
PAT / Total Income |
(%) |
6.50 |
7.30 |
1.94 |
|
|
|
|
|
|
|
Net Profit Margin (PBT/Sales) |
(%) |
13.18 |
14.31 |
6.07 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
13.96 |
16.35 |
4.13 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.34 |
0.44 |
0.12 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Liability/Networth) |
|
0.81 |
0.98 |
1.17 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.30 |
1.17 |
1.21 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Share Capital |
130.728 |
130.728 |
130.728 |
|
Reserves & Surplus |
1083.653 |
1531.273 |
2007.523 |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
1214.381 |
1662.001 |
2138.251 |
|
|
|
|
|
|
long-term borrowings |
756.297 |
681.981 |
909.144 |
|
Short term borrowings |
403.139 |
671.688 |
509.929 |
|
CURRENT MATURITIES OF
LONG-TERM DEBTS |
260.757 |
275.893 |
316.073 |
|
Total borrowings |
1420.193 |
1629.562 |
1735.146 |
|
Debt/Equity ratio |
1.169 |
0.980 |
0.811 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Sales |
5393.179 |
6303.374 |
7585.220 |
|
|
|
16.877 |
20.336 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Sales |
5393.179 |
6303.374 |
7585.220 |
|
Profit |
104.892 |
460.262 |
492.716 |
|
|
1.94% |
7.30% |
6.50% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
Yes |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
PERFORMANCE:
The year the Company has recorded an increase in total revenue from Rs. 6303.374 Million to Rs. 7585.220 Million which was primarily contributed by the increase in advertisement and Circulation revenue. During this period, the Profit after Tax has also increased from Rs. 460.262 Million to Rs. 492.716 Million.
In order to further expand its foothold in the State of Madhya Pradesh & Chhattisgarh, the Company recently launched new editions from Chhindwara in the State of Madhya Pradesh and started its printing activities at Gangapurcity in the State of Rajasthan. The response of the readers at all these places has been satisfactory.
INDEX
OF CHARGES
|
S.No. |
Charge ID |
Date of Charge Creation/Modification |
Charge amount secured |
Charge Holder |
Address |
Service Request Number (SRN) |
|
1 |
10455984 |
09/01/2015 * |
320000000 |
INDUSIND BANK LTD. |
Dr. Gopal Das Bhawan, 28 Barakhamba Road, New Delhi - 110001, INDIA |
C40372013 |
|
2 |
10452611 |
11/09/2013 |
100000000 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA |
B86493996 |
|
3 |
10446717 |
30/08/2013 |
60000000 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE CIRCLE, ALKAPURI, BARODA, Gujarat - 390015, INDIA |
B83845222 |
|
4 |
10441425 |
23/09/2013 * |
495000000 |
STATE BANK OF BIKANER & JAIPUR |
TILAK MARG,
C-SCHEME, JAIPUR, Rajasthan - 302005, |
B87422986 |
|
5 |
10411032 |
08/03/2013 * |
115000000 |
STATE BANK OF BIKANER & JAIPUR |
TILAK MARG, C-SCHEME,
JAIPUR, Rajasthan - 302005, |
B72114531 |
|
6 |
10384179 |
10/12/2012 * |
200000000 |
INDUSIND BANK LTD. |
SANGAM COMPLEX, GROUND FLOOR CHURCH ROAD, JAIPUR, Rajasthan - 302001, INDIA |
B64429756 |
|
7 |
10384058 |
17/09/2013 * |
90000000 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA |
B86912433 |
|
8 |
10355834 |
26/11/2012 * |
150000000 |
DENA BANK |
M.I. ROAD, JAIPUR, Rajasthan - 302001, INDIA |
B64590755 |
|
9 |
10318234 |
24/10/2011 |
30000000 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W, MUMBAI, Maharashtra - 400013, INDIA |
B25544925 |
|
10 |
10313702 |
14/10/2011 |
42500000 |
STATE BANK OF BIKANER & JAIPUR |
TILAK MARG, C-SCHEME, JAIPUR, Rajasthan - 302005, INDIA |
B23753403 |
FIXED ASSETS
· Goodwill
· Agricultural land
·
· Lease hold
· Buildings
· Shed
· Plant and Machinery
· Machinery and Equipments
·
· Computers
· Furniture and Fixtures
· Electric Installations
· Sanitary and Pipe Fittings
· Office Equipments
· Auxiliaries
· Vehicles and Van
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.63.62 |
|
|
1 |
Rs.99.89 |
|
Euro |
1 |
Rs.70.76 |
INFORMATION DETAILS
|
Information Gathered
by : |
PRE |
|
|
|
|
Analysis Done by
: |
KSP |
|
|
|
|
Report Prepared
by : |
DDD |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
6 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
50 |
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
unfavorable 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.