MIRA INFORM REPORT
|
Report No. : |
332852 |
|
Report Date : |
23.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
MULTI-FLEX LAMI-PRINT LIMITED |
|
|
|
|
Registered
Office : |
D-54-55, MIDC, Mahad, Raigad – 402301, Maharashtra |
|
Tel. No.: |
91-2145-232126 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2011 |
|
|
|
|
Date of
Incorporation : |
12.03.1991 |
|
|
|
|
Com. Reg. No.: |
11-060717 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.121.720 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U22219MH1991PLC060717 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMM21417E |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACM3316J |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Exporter of Multilayer Plastic Laminated and Printed Packaging Films. |
|
|
|
|
No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
|
MIRA’s Rating : |
C |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
-- |
|
|
|
|
Litigation : |
-- |
|
|
|
|
Comments : |
As claimed by Mr. Shailesh Kotecha, Key Executive (Account
Department), the company has not done any business activities since last two
years. Further, he not ready to disclose the reason why the company have
stooped its business activities. He is not ready to disclose when company
will start back its business activities. No other information has been made available from any other source. In registrar the status of the company is showing under liquidation, in
view process of under liquidation, the company cannot be considered for any
business dealing. |
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
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. Shailesh Kotecha |
|
Designation : |
Account Department |
|
Contact No.: |
91-9324256523 |
|
Date : |
22.07.2015 |
LOCATIONS
|
Registered Office/ Factory : |
D-54-55, MIDC, Mahad, Raigad – 402301, Maharashtra, India |
|
Tel. No.: |
91-2145-232126/ 32127 |
|
Mobile No.: |
91-9324256523 (Mr. Shailesh) |
|
Fax No.: |
91-2145-232340 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
|
|
|
Corporate Office : |
210, |
|
Tel. No.: |
91-22-56473000 |
|
Fax No.: |
91-22-56473001 |
|
E-Mail : |
|
|
|
|
|
Branch Office 1 : |
Unit No. 205, Local Shopping Complex, Pocket D and E, Sarita Vihar,
New Delhi - 110076, India |
|
Tel. No.: |
91-11-32590126 |
|
Fax No.: |
91-11-29944871 |
|
E-Mail : |
|
|
|
|
|
Branch Office 2 : |
22, Railway Parallel Road, Kumara Park East, Bangalore – 560001,
Karnataka, India |
|
Tel. No.: |
91-80-32975425 |
|
Fax No.: |
91-80-22372105 |
|
E-Mail : |
DIRECTORS
AS ON 28.09.2012
|
Name : |
Mr. Anil Kundanlal Dang |
|
Designation : |
Chairman cum Managing director |
|
Address : |
House No. 10, Palm Springs, Near Chandan Cinema, Juhu Road, Vile
Parle, Mumbai - 400049, Maharashtra, India |
|
Date of Birth/Age : |
28.03.1962 |
|
Date of Appointment : |
12.01.1995 |
|
DIN No.: |
00276893 |
|
|
|
|
Name : |
Mr. Phootermal Pukhraj Surana |
|
Designation : |
Director |
|
Address : |
8 A, Purushottam Nagar, Jari Mari Mandir Marg, Bandra (West), Mumbai
- 400050, Maharashtra, India |
|
Date of Birth/Age : |
15.08.1947 |
|
Date of Appointment : |
24.10.1991 |
|
DIN No.: |
01239903 |
|
|
|
|
Name : |
Mr. Amrit Kumar Agrawal |
|
Designation : |
Director |
|
Address : |
M-4/8, Model Town II, Delhi - 110009, India |
|
Date of Birth/Age : |
27.01.1968 |
|
Date of Appointment : |
01.12.2000 |
|
DIN No.: |
00064314 |
|
|
|
|
Name : |
Mr. Vijay Rajaram Shahane |
|
Designation : |
Additional director |
|
Address : |
Ichha Poorti, 79, Anant Patil Road, Off Gokhale Road, Mumbai - 400028,
Maharashtra, India |
|
Date of Birth/Age : |
12.02.1944 |
|
Date of Appointment : |
01.12.2000 |
|
Voter ID No.: |
MT/06/032/0375649 |
|
DIN No.: |
00277332 |
|
|
|
|
Name : |
Mr. Sajid Siraj Malik |
|
Designation : |
Director |
|
Address : |
702, Vastu Bandstand, BJ Road, Bandra [West], Mumbai - 400050,
Maharashtra, India |
|
Date of Birth/Age : |
01.04.1964 |
|
Date of Appointment : |
30.11.2007 |
|
DIN No.: |
00400366 |
|
|
|
|
Name : |
Mr. Uday Champaklal Shah |
|
Designation : |
Additional director |
|
Address : |
81, Jawahar Nagar, Road No. 4, 2nd Floor, Flat No. 5, Goregaon
(West), Mumbai – 400062, |
|
Date of Birth/Age : |
02.11.1966 |
|
Date of Appointment : |
27.11.2009 |
|
Voter ID No.: |
MT/09/042/0084494 |
|
DIN No.: |
02852104 |
|
|
|
|
Name : |
Mr. Shrigopal Ramprasad Rathi |
|
Designation : |
Additional director |
|
Address : |
42/3, Nav Chandrakunj CHS Limited, Road No. 4, Jawahar Nagar, Goregaon
(West), Mumbai – 400062, Maharashtra, India |
|
Date of Birth/Age : |
01.10.1963 |
|
Date of Appointment : |
27.11.2009 |
|
Voter ID No.: |
MT/09/042/0081089 |
|
DIN No.: |
02852578 |
|
|
|
|
Name : |
Mr. Jason Glenn Edwards |
|
Designation : |
Nominee director |
|
Address : |
27, Chancery Lane, Chanery Grove, Singapore - 309526 |
|
Date of Birth/Age : |
10.11.1968 |
|
Date of Appointment : |
20.08.2009 |
|
DIN No.: |
02581362 |
|
|
|
|
Name : |
Mr. Mrinal Ramesh Chandran |
|
Designation : |
Nominee director |
|
Address : |
Flat No. F- 704, Lloyds Estate, 7th Floor, Salt Pan Road,
Wadala [East], Mumbai - 400037,
Maharashtra, India |
|
Date of Birth/Age : |
15.12.1976 |
|
Date of Appointment : |
20.08.2009 |
|
DIN No.: |
02578553 |
|
|
|
|
Name : |
Mr. Mahesh Ganeshlal Trivedi |
|
Designation : |
Additional director |
|
Address : |
B/502, Vasundhara-5, Poonam Sagar Complex, |
|
Date of Birth/Age : |
02.02.1980 |
|
Date of Appointment : |
29.07.2010 |
|
DIN No.: |
03074569 |
|
|
|
|
Name : |
Mr. Manish Jain |
|
Designation : |
Nominee director |
|
Address : |
A-1/403, Ascent Residency, Behind Poonam Nagar, Off Mahakali Caves
Road, Andheri [East], Mumbai - 400093, Maharashtra, India |
|
Date of Birth/Age : |
07.02.1979 |
|
Date of Appointment : |
20.08.2009 |
|
DIN No.: |
02578269 |
KEY EXECUTIVES
|
Name : |
Mr. Shailesh Kotecha |
|
Designation : |
Account Department |
MAJOR SHAREHOLDERS
AS ON 28.09.2012
SHAREHOLDING DETAILS FILE ATTACHED
Equity Share Break up (Percentage of Total Equity)
AS ON 28.09.2012
|
Category |
Percentage |
|
Foreign holdings [Foreign institutional
investor(s), Foreign companie(s) Foreign financial institution(s),
Non-resident Indian(s) or Overseas Corporate bodies or Others] |
18.07 |
|
Bodies corporate |
40.95 |
|
Directors or relatives of Directors |
31.74 |
|
Other top fifty shareholders |
9.24 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Exporter of Multilayer Plastic Laminated and Printed Packaging Films. |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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||||
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS – NOT AVAILABLE
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 : |
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Facilities : |
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Auditors 1 : |
|
|
Name : |
Chaturvedi Sohan and Company Chartered Accountants |
|
Address : |
320 Tulsiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai
– 400021, Maharashtra, India |
|
PAN No.: |
AABFC7158A |
|
|
|
|
Auditors 2 : |
|
|
Name : |
Atul C Shah and Associates Chartered Accountants |
|
Address : |
A 101 Sharda Gram Mathuradas Road,
Kandivali West, Mumbai – 400067, Maharashtra, India |
|
Tel. No.: |
91-22-28634919/22959560 |
|
Fax No.: |
91-22-28634920 |
|
PAN No.: |
AAKPS6810N |
|
|
|
|
Memberships : |
Not Divulged |
|
|
|
|
Collaborators : |
Not Divulged |
|
|
|
|
Enterprises owned or significantly influenced by key management
personnel their relatives (As on 31.03.2011) : |
|
CAPITAL STRUCTURE
AS ON 28.09.2012
Authorised Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15000000 |
Equity Shares |
Rs.10/- each |
Rs.150.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
12172018 |
Equity Shares |
Rs.10/- each |
Rs.121.720 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
121.720 |
121.720 |
121.720 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Share Warrants |
5.692 |
5.692 |
5.692 |
|
|
4] Reserves & Surplus |
355.277 |
322.478 |
332.255 |
|
|
5] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
482.689 |
449.890 |
459.667 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
732.403 |
719.604 |
660.873 |
|
|
2] Unsecured Loans |
116.492 |
96.306 |
100.664 |
|
|
TOTAL BORROWING |
848.895 |
815.910 |
761.537 |
|
|
DEFERRED TAX LIABILITIES |
30.955 |
33.379 |
28.089 |
|
|
|
|
|
|
|
|
TOTAL |
1362.539 |
1299.179 |
1249.293 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
376.115 |
414.944 |
465.789 |
|
|
Capital work-in-progress |
9.056 |
2.274 |
1.778 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.210 |
0.210 |
0.914 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
783.493
|
596.842 |
579.091 |
|
|
Sundry Debtors |
207.579
|
254.261 |
212.268 |
|
|
Cash & Bank Balances |
51.844
|
29.042 |
34.118 |
|
|
Other Current Assets |
39.667
|
46.969 |
0.000 |
|
|
Loans & Advances |
162.551
|
165.983 |
187.748 |
|
Total
Current Assets |
1245.134
|
1093.097 |
1013.225 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
140.384
|
141.728 |
191.526 |
|
|
Other Current Liabilities |
111.633
|
67.511 |
35.299 |
|
|
Provisions |
15.959
|
2.107 |
5.588 |
|
Total
Current Liabilities |
267.976
|
211.346 |
232.413 |
|
|
Net Current Assets |
977.158
|
881.751 |
780.812 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
1362.539 |
1299.179 |
1249.293 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
1606.092 |
1252.400 |
|
|
|
|
Other Income |
26.764 |
9.145 |
|
|
|
|
TOTAL (A) |
1632.856 |
1261.545 |
1352.850 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Consumption materials changes inventories |
1149.228 |
859.630 |
|
|
|
|
Manufacturing service costs |
74.548 |
57.743 |
|
|
|
|
Employee related expenses |
65.775 |
73.259 |
|
|
|
|
Administrative selling other expenses |
69.375 |
54.398 |
|
|
|
|
TOTAL (B) |
1358.926 |
1045.030 |
1159.870 |
|
|
|
|
|
|
|
|
Less |
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
273.930 |
216.515 |
192.980 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
180.997 |
145.614 |
122.737 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
92.933 |
70.901 |
70.243 |
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION (F) |
49.801 |
53.892 |
55.377 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
43.132 |
17.009 |
14.866 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
10.333 |
7.010 |
(3.444) |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
32.799 |
9.999 |
18.310 |
|
|
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
64.501 |
104.502 |
86.206 |
|
|
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
|
|
Transfer to General Reserve |
0.000 |
50.000 |
0.000 |
|
|
|
Wealth Tax |
0.000 |
0.000 |
0.014 |
|
|
BALANCE CARRIED
TO THE B/S |
97.300 |
64.501 |
104.502 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
FOB Value of Exports |
1.765 |
4.604 |
12.677 |
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
0.000 |
7.729 |
17.887 |
|
|
|
Capital Goods |
0.000 |
0.000 |
1.333 |
|
|
|
Stores & Spares |
2.316 |
0.404 |
1.405 |
|
|
TOTAL IMPORTS |
2.316 |
8.133 |
20.625 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
|
|
|
|
|
|
Basic |
2.69 |
0.82 |
1.53 |
|
|
|
Diluted |
2.26 |
0.69 |
1.29 |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
85.261 |
11.178 |
|
Net cash flow from used in operating activities |
185.011 |
86.230 |
3.531 |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2011 |
31.03.2010 |
31.03.2009 |
|
Net Profit Margin PAT / Sales |
(%) |
2.04 |
0.80 |
NA |
|
|
|
|
|
|
|
Operating Profit Margin (PBDIT/Sales) |
(%) |
17.06 |
17.29 |
NA |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets) |
(%) |
2.66 |
1.13
|
1.01 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.09 |
0.04
|
0.03 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.76 |
1.81
|
1.66 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
4.65 |
5.17
|
4.36 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2009 |
31.03.2010 |
31.03.2011 |
|
|
Rs.
In Million |
Rs.
In Million |
Rs. In
Million |
|
Share Capital |
121.720 |
121.720 |
121.720 |
|
Reserves & Surplus |
332.255 |
322.478 |
355.277 |
|
Share Warrants |
5.692 |
5.692 |
5.692 |
|
Net
worth |
459.667 |
449.890 |
482.689 |
|
|
|
|
|
|
Secured Loans |
660.873 |
719.604 |
732.403 |
|
Unsecured Loans |
100.664 |
96.306 |
116.492 |
|
Total
borrowings |
761.537 |
815.910 |
848.895 |
|
Debt/Equity
ratio |
1.657 |
1.814 |
1.759 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2009 |
31.03.2010 |
31.03.2011 |
|
|
Rs.
In Million |
Rs.
In Million |
Rs.
In Million |
|
Sales |
1352.850 |
1261.545 |
1632.856 |
|
|
|
(6.749) |
29.433 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2009 |
31.03.2010 |
31.03.2011 |
|
|
Rs.
In Million |
Rs.
In Million |
Rs.
In Million |
|
Sales
|
1352.850 |
1261.545 |
1632.856 |
|
Profit |
18.310 |
9.999 |
32.799 |
|
|
1.35% |
0.79% |
2.01% |
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 |
No |
|
8 |
Designation of contact person |
No |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
Yes |
|
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 |
No |
|
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 |
UNSECURED LOANS
|
Unsecured Loans |
31.03.2011 |
31.03.2010 |
|
|
(Rs. In Million) |
|
|
Rupee term loans banks unsecured |
0.105 |
0.675 |
|
Fixed deposits unsecured |
0.283 |
0.515 |
|
Loans directors unsecured |
0.000 |
0.700 |
|
Deferred sales tax loan unsecured |
85.987 |
89.115 |
|
Other debt unsecured |
30.117 |
5.301 |
|
Total |
116.492 |
96.306 |
INDEX OF CHARGE:
|
Sr. No. |
Charge ID |
Date of Charge
Creation/Modification |
Charge amount
secured |
Charge Holder |
Address |
Service Request
Number (SRN) |
|
1 |
10476827 |
17/12/2013 |
1,175,000,000.00 |
AXIS TRUSTEE SERVICES LIMITED |
AXIS HOUSE, 2ND FLR, BOMBAY DYEING MILLS COMPOUND, PANDURANG BUDHKAR MARG, WORLI,, MUMBAI, MAHARASHTRA - 400025, INDIA |
B96050059 |
|
2 |
10428645 |
01/04/2013 |
250,000,000.00 |
SBI GLOBAL FACTORS LIMITED |
6TH FLOOR, METROPOLITAN BUILDING, BANDRA-KURLA, COMPLEX, BANDRA(EAST), MUMBAI, MAHARASHTRA - 400051, INDIA |
B76072271 |
|
3 |
10421440 |
22/03/2013 |
825,000,000.00 |
UNION BANK OF INDIA (LEAD BANK) |
SANTACRUZ (WEST) BRANCH,LA-AVANTI,, JUNCTION OF S.V. ROAD &MAIN AVENUE, SANTACRUZ (WEST), MUMBAI, MAHARASHTRA - 400054, INDIA |
B73671729 |
|
4 |
10350293 |
06/09/2013 * |
113,300,000.00 |
PUNJAB NATIONAL BANK |
82/5, JAY APARTMENT, LINKING ROAD, SANTACRUZ, MUMBAI, MAHARASHTRA - 400054, INDIA |
B86806312 |
|
5 |
10332550 |
23/01/2012 |
20,000,000.00 |
RELIGARE FINVEST LIMITED |
D3, P3B,, DISTRICT CENTRE, SAKET, NEW DELHI - 110017, INDIA |
B30817456 |
|
6 |
10185896 |
12/11/2009 |
30,000,000.00 |
CLEARWATER CAPITAL PARTNERS INDIA PRIVATE LIMITED |
201, 2ND FLOOR, CENTRAL PLAZA, 166 CST ROAD, KALINA, MUMBAI, MAHARASHTRA - 400098, INDIA |
A72939895 |
|
7 |
10100007 |
30/07/2008 * |
350,000,000.00 |
CLEARWATER CAPITAL PARTNERS INDIA PRIVATE LIMITED |
201, 2ND FLOOR, CENTRAL PLAZA, 166 CST ROAD, KALINA, MUMBAI, MAHARASHTRA - 400098, INDIA |
A43521665 |
|
8 |
80037612 |
28/06/2013 * |
306,500,000.00 |
UNION BANK OF INDIA |
SANTACRUZ (WEST) BRANCH,LA-AVANTI,, JUNCTION OF S.V. ROAD &MAIN AVENUE, SANTACRUZ (WEST), MUMBAI, MAHARASHTRA - 400054, INDIA |
B80577794 |
|
9 |
90154078 |
29/07/2013 * |
79,200,000.00 |
THE LAKSHMI VILAS BANK LIMITED |
8, KAPOOR APARTMENT,, CHANDAVARKAR ROAD,BORIVLI (WEST), MUMBAI, MAHARASHTRA - 400092, INDIA |
B83018143 |
|
10 |
90154058 |
29/06/2013 * |
244,500,000.00 |
CORPORATION BANK |
LARGE CORPORATE BRANCH, 301-302,THE EGALE FLIGHT, SUREN ROAD, ANDHERI KURLA ROAD,ANDHERI -EAST, MUMBAI, MAHARASHTRA - 400093, INDIA |
B82088972 |
|
11 |
90153899 |
20/06/2002 |
10,000,000.00 |
BANK OF BARODA |
KHETWADI BRANCH, MUMBAI, MAHARASHTRA - 400004, INDIA |
- |
|
12 |
90154286 |
19/06/2000 |
80,000,000.00 |
CITI BANK |
BANDRA
KURLA COMPLEX, G-BLOCK BANDRA (E), MUMBAI, |
- |
|
13 |
90153730 |
06/06/2000 |
50,000,000.00 |
IDBI BANK LTD |
244-A MITTAL COURT A WING, NARIMAN POINTFORT, MUMBAI, MAHARASHTRA - 400021, INDIA |
- |
|
14 |
90153725 |
29/05/2000 |
50,000,000.00 |
CITI BANK |
BANDRA KURLA COMPLEX, G. BLCOK BANDRA (E), MUMBAI, MAHARASHTRA - 400051, INDIA |
- |
|
15 |
90153438 |
03/01/2012 * |
200,000,000.00 |
BANK OF BARODA |
KHETWADI BRANCH, SHAH MANSION,, 213, KHETWADI MAIN ROAD,, MUMBAI, MAHARASHTRA - 400004, INDIA |
B31081755 |
|
16 |
90153142 |
10/04/1997 * |
5,950,000.00 |
BANK OF BARODA |
KHETWADI BRANCH, BOMBAY, MAHARASHTRA - 400004, INDIA |
- |
|
17 |
90153132 |
22/08/2008 * |
100,000,000.00 |
BANK OF BARODA |
KHETWADI BRANCH, SHAH MANSION,, 213, KHETWADI MAIN ROAD,, MUMBAI, MAHARASHTRA - 400004, INDIA |
A47684972 |
*Date of modification Charges
FIXED ASSETS:
·
Leasehold Land
·
Factory premises
·
Office premises
·
Factory equipment
·
Electrical fitting
·
Plant and machinery
·
Office equipment
·
Furniture and fixtures
·
Vehicles
·
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.63.53 |
|
|
1 |
Rs.99.19 |
|
Euro |
1 |
Rs.69.60 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
NKT |
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.