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Report No. : |
312206 |
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Report Date : |
28.04.2015 |
IDENTIFICATION DETAILS
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Name : |
DR. L H HIRANANDANI HOSPITAL |
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Registered
Office : |
Hill Side Avenue, Hiranandani Gardens,
Powai, Mumbai – 400076, Maharashtra |
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Tel. No.: |
91-22-25763333 |
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Country : |
India |
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Financials (as
on) : |
Not Divulged |
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Date of
Incorporation : |
Not Divulged |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
Not Available |
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Legal Form : |
Trust |
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Line of Business
: |
Providing Health Care Services. |
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No. of Employees
: |
Information declined by the management. |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is an established Hospital, having a satisfactory track
record. Dr. L H Hiranandani Hospital, founded in honour of the legend, Padma
Bhushan Dr. L.H. Hiranandani came into existence in Feb 2004. In 2007 Dr. L. H. Hiranadani
Hospital became the first hospital in western India to receive the
prestigious NABH Accreditation for
hospitals - an honour accorded to only
eight hospitals in the country at the time. The IMC Ramakrishna Bajaj
National quality award trophy, for excellence in healthcare, followed
in 2008. Within the short but dynamic
span of 7 years Hospital have grown from a 130 bed hospital to a formidable
240 bed facility. Hospitals specialty programmes includes :- Obstetrics and Gynecology, Hair loss prevention, kidney transplant,
physical rehabilitation, Breast cancer surgery, Bone marrow Transplant. As per the available information, general position of the subject
seems to be good. The concern 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.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
India |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION DENIED BY
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Name : |
Ms. Pooja Parab |
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Designation : |
Senior Finance Manager |
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Contact No.: |
91-22-25763333 |
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Date : |
27.04.2015 |
LOCATIONS
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Registered Office : |
Hill Side Avenue, Hiranandani
Gardens, Powai, Mumbai – 400076, Maharashtra, India |
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Tel. No.: |
91-22-25763333 / 25763300 |
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Fax No.: |
91-22-25763344 / 3311 |
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E-Mail : |
MANAGEMENT
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Name : |
Dr. L.H. Hiranandani |
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Designation : |
Chairman |
KEY EXECUTIVES
|
Name : |
Ms. Pooja Parab |
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Designation : |
Senior Finance Manager |
BUSINESS DETAILS
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Line of Business : |
Providing Health Care Services. |
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Products : |
Not Available |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Not Available |
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Purchasing : |
Not Available |
GENERAL INFORMATION
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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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Auditors : |
Not Available |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
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Capital Investment : |
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Owned : |
Not Divulged |
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Borrowed : |
-- |
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Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
in Rupees Million]
Not Divulged
The above information has been parted by Ms. Pooja Parab (Senior Finance Manager).
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
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1] |
Year of Establishment |
Yes |
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2] |
Locality of the firm |
Yes |
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3] |
Constitutions of the firm |
Yes |
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4] |
Premises details |
No |
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5] |
Type of Business |
Yes |
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6] |
Line of Business |
Yes |
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7] |
Promoter's background |
No |
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8] |
No. of employees |
No |
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9] |
Name of person contacted |
Yes |
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10] |
Designation of contact
person |
Yes |
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11] |
Turnover of firm for last
three years |
No |
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12] |
Profitability for last three
years |
No |
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13] |
Reasons for variation
<> 20% |
----- |
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14] |
Estimation for coming
financial year |
No |
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15] |
Capital in the business |
No |
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16] |
Details of sister
concerns |
No |
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17] |
Major suppliers |
No |
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18] |
Major customers |
No |
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19] |
Payments terms |
No |
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20] |
Export / Import details
(if applicable) |
No |
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21] |
Market information |
----- |
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22] |
Litigations that the firm
/ promoter involved in |
----- |
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23] |
Banking Details |
No |
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24] |
Banking facility details |
No |
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25] |
Conduct of the banking
account |
------ |
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26] |
Buyer visit details |
------ |
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27] |
Financials, if provided |
No |
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28] |
Incorporation details, if
applicable |
No |
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29] |
Last accounts filed at
ROC |
No |
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30] |
Major Shareholders, if
available |
No |
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31] |
Date of Birth of
Proprietor/Partner/Director, if available |
No |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
HISTORY
Dr L H Hiranandani Hospital, founded in honour of the legend, Padma Bhushan Dr. L. H. Hiranandani, came into existence in February 2004. The challenge of the early days was enormous, to foster the fledgling hospital into an enduring symbol of healthcare in the country. We recognised early on that to make a real and substantial contribution one had to redefine the standards themselves- instead of doing more of the same. That set the tone of their endeavour and guided us every step of the way, luring us towards ambitious solutions service teamwork and quality suited us.
The results were quick to show. In 2007 we became the first hospital in Western India to receive the prestigious NABH Accreditation for hospitals and healthcare providers- an honour accorded to only eight hospitals in the country at the time. The IMC Ramakrishna Bajaj National Quality Award trophy, for excellence in healthcare, followed in 2008. In 2009, we were the proud recipients of the coveted International Asia Pacific Quality Award (The Malcolm Baldridge Award as it known outside the United States).
Today
It is an established enough fact that at the heart of the Hiranandani mission,
in any sector, is the passionate commitment to stay on a par with the best
global standards. Predictably, the theme reflects on nearly everything we
undertake at the Hospital – the first initiative of the Hiranandani Group in
healthcare. From basic medical equipment to the most complex surgical
procedure, we are informed and enhanced by the foremost innovations in patient
care the world over. Their nationally and internationally renowned surgeons
solve, daily, some of the most intractable patient crises, assisted by the
cutting-edge technology at their disposal. Consequently, today Dr L H Hiranandani
Hospital has emerged as one of the pre-eminent healthcare resources in
India.
Their vision for the future, however, rests on a very simple
principle – it is the belief that the quality of healthcare you have access to,
surely, is the quality of your life. It is the bigger picture that matters, and
so that is the direction we are committing all their explorations to.
Especially since we have the reach, the depth, and of course the pedigree to
bring you the finest care there is.
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 records 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. 63.61 |
|
|
1 |
Rs. 96.56 |
|
Euro |
1 |
Rs. 69.18 |
INFORMATION DETAILS
|
Information
Gathered by : |
NYA |
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Analysis Done by
: |
SAN |
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Report Prepared
by : |
JYO |
RATING EXPLANATIONS
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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 |
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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 |
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This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.