MIRA INFORM REPORT
|
Report No. : |
312531 |
|
Report Date : |
01.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
YAGNA MEDICAL SCIENCE |
|
|
|
|
Registered
Office : |
3rd Floor, Omkar – 1, Opposite Police Parade Ground, GPO Lane,
Baroda – 390001, Gujarat |
|
Tel. No.: |
91-265-2418955 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2015 |
|
|
|
|
Year of
Establishment: |
2008 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 4.512 Million |
|
|
|
|
TIN No.: |
Not Available |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Trader of Pharma Products |
|
|
|
|
No. of Employees
: |
6 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was established in the year 2008 as proprietary concern and
engaged into trading business of pharma products. It is an established
concern having a satisfactory track record. Concern only undertakes local trading of pharma products and it does
not any import and export activities. As per the financial statement of 2014, concern reported marginal
increased in its sales turnover and it has maintained profitability margins
at 0.91%. Rating also takes into account of decent experience of partners in
pharma trading business and sound operational profile of the concern. Trade relations are reported as fair. Payment terms are reported to be
usually correct. In view of aforesaid, the concern 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 DEFAILTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAILTERS’ 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. Jaydeep Trivedi |
|
Designation : |
Partner |
|
Contact No.: |
91-9824027555 |
|
Date : |
23.04.2015 |
LOCATIONS
|
Registered Office : |
3rd Floor, Omkar – 1, Opposite Police Parade Ground, GPO
Lane, Baroda – 390001, Gujarat, India |
|
Tel. No.: |
91-265-2418955 |
|
Mobile No.: |
91-9824027555 (Mr. Jaydeep) |
|
E-Mail : |
|
|
Area : |
700 sq. ft. |
|
Location : |
Owned |
PARTNERS
|
Name : |
Mr. Jaydeep Trivedi |
|
Designation : |
Partner |
|
|
|
|
Name : |
Mrs. Dipti Trivedi |
|
Designation : |
Partner |
BUSINESS DETAILS
|
Line of Business : |
Trader of Pharma Products |
|
|
|
|
Products : |
Not Divulged |
|
|
|
|
Brand Names : |
Not Divulged |
|
|
|
|
Agencies Held : |
Not Divulged |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
6 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
|
|
|
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Dinesh Thakkar and Company Chartered Accountants |
|
Address : |
Dandia Bazar, Vadodara, Gujarat, India |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Our Present
Business Associates: |
|
CAPITAL STRUCTURE
AS ON 31.03.2015
|
Capital Investment : |
|
|
Owned : |
Rs. 4.512 Million |
|
Borrowed : |
-- |
|
Total : |
Rs. 4.512
Million |
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2015 (PROVISIONAL) |
31.03.2014 |
31.03.2013 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
4.512 |
2.407 |
3.204 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
4.512 |
2.407 |
3.204 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
2.845 |
2.187 |
2.386 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
2.845 |
2.187 |
2.386 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7.357 |
4.594 |
5.590 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.735 |
0.632 |
0.730 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.015 |
0.015 |
0.015 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
3.540
|
3.015
|
3.461
|
|
|
Sundry Debtors |
3.455
|
2.182
|
2.180
|
|
|
Cash & Bank Balances |
1.875
|
0.091
|
0.164
|
|
|
Other Current Assets |
0.000
|
0.000
|
0.000
|
|
|
Loans & Advances and deposits |
0.079
|
0.108
|
0.795
|
|
Total
Current Assets |
8.949
|
5.396
|
6.600
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
2.215
|
1.284
|
1.628
|
|
|
Other Current Liabilities |
0.127
|
0.165
|
0.127
|
|
|
Provisions |
0.000
|
0.000
|
0.000
|
|
Total
Current Liabilities |
2.342
|
1.449
|
1.755
|
|
|
Net Current Assets |
6.607
|
3.947
|
4.845
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
7.357 |
4.594 |
5.590 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2015 (PROVISIONAL) |
31.03.2014 |
31.03.2013 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
31.219 |
26.368 |
22.633 |
|
|
|
Other Income |
2.135 |
3.436 |
4.060 |
|
|
|
TOTAL |
33.354 |
29.804 |
26.693 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Advertisement Expenses |
0.018 |
0.815 |
0.050 |
|
|
|
Ambu.Int. Compo and Accessories |
0.023 |
0.684 |
0.667 |
|
|
|
Ambu. Medi. Compo. and Accessories |
1.582 |
0.421 |
0.353 |
|
|
|
Ambu. Labour Charges for |
0.421 |
0.000 |
0.000 |
|
|
|
Audit Fees |
0.018 |
0.018 |
0.017 |
|
|
|
Bank Charges |
0.009 |
0.036 |
0.053 |
|
|
|
Bank Interest |
0.064 |
0.258 |
0.154 |
|
|
|
Bonus |
0.031 |
0.033 |
0.006 |
|
|
|
Computer Expenses |
0.009 |
0.003 |
0.007 |
|
|
|
Conveyance Expenses |
0.021 |
0.050 |
0.035 |
|
|
|
Other Expenses |
2.063 |
2.300 |
2.210 |
|
|
|
Cost of goods sold |
27.292 |
24.291 |
22.365 |
|
|
|
Sales Return |
1.267 |
0.513 |
0.458 |
|
|
|
TOTAL |
32.818 |
29.422 |
26.375 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
0.536 |
0.382 |
0.318 |
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
0.112 |
0.140 |
0.142 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
0.424 |
0.242 |
0.176 |
|
KEY
RATIOS
|
PARTICULARS |
|
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin (PAT / Sales) |
(%) |
1.36
|
0.92 |
0.78 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.05
|
4.48 |
2.67 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.09
|
0.10 |
0.05 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.63
|
0.91 |
0.74 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.82
|
3.72 |
3.76 |
FINANCIAL ANALYSIS
[all figures are in
Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Share Capital |
3.204 |
2.407 |
4.512 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
3.204 |
2.407 |
4.512 |
|
|
|
|
|
|
Secured loan |
2.386 |
2.187 |
2.845 |
|
Unsecured loan |
0.000 |
0.000 |
0.000 |
|
Current Maturities of Long
Term Debt |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
2.386 |
2.187 |
2.845 |
|
Debt/Equity
ratio |
0.745 |
0.909 |
0.631 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
22.633 |
26.368 |
31.219 |
|
|
|
16.502 |
18.397 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
22.633 |
26.368 |
31.219 |
|
Profit |
0.176 |
0.242 |
0.424 |
|
|
0.78% |
0.92% |
1.36% |
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 |
Yes |
|
5 |
Buyer visit details |
Yes |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
No |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
No |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
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 |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
Yes |
|
19 |
Major customers |
Yes |
|
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 |
No |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
----- |
|
33 |
Market information |
----- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
COMPUTATION OF TOTAL INCOME
Assessment Year:
2014-15
A/c Year Ending:
31.03.2014
|
INCOME FROM BUSINESS OR PROFESSION |
Rs. In Million |
Rs. In Million |
Rs. In Million |
Rs. In Million |
|
Profit as per Profit and Loss A/c |
|
0.242 |
|
|
|
Add: Disallowable/Addition: |
|
|
|
|
|
Interest on Partner’s Capital |
0.288 |
|
|
|
|
Salary to working partner |
0.450 |
|
|
|
|
Depreciation |
0.141 |
|
|
|
|
Any other item of addition under |
0.004 |
0.883 |
|
|
|
Less: Business Deductions: |
|
|
|
|
|
Current Depreciation U/s. 32(1) |
|
|
|
|
|
Actual Depreciation (134571- -6180) c/f. |
|
|
|
|
|
Depreciation adjust against current income |
|
0.141 |
0.141 |
|
|
Interest on partner’s capital (12.00) u/s 40
(b) (v) |
|
0.288 |
0.429 |
|
|
Book Profit |
|
|
0.696 |
|
|
Remuneration/Salary to Working Partners u/s.
40 (b) (v) |
|
0.450 |
0.450 |
|
|
Net Business Income |
|
|
|
0.246 |
|
GROSS TOTAL INCOME |
|
|
|
0.246 |
|
Total Income |
|
|
|
0.246 |
|
Rounded off u/s. 288A |
|
|
|
0.246 |
|
|
|
|
|
|
COMPUTATION OF TAX PAYABLE
|
Gross Tax on Rs. 0.246 (Normal) |
0.074 |
|
Add: Surcharge Nil+ 2217 Edu. Cess and
Higher Edu. Cess |
0.002 |
|
|
0.076 |
Tax Calculation according to Section 115 JC of Income-tax Act (AMT)
|
TOTAL INCOME |
|
0.242 |
|
|
ADJUSTED TOTAL INCOME |
|
|
0.242 |
|
|
|
|
|
|
Tax on Above Income |
|
0.045 |
|
|
Add: Surcharge 0+ 1346 Edu. Cess and Higher
Edu. Cess |
|
0.001 |
|
|
|
|
0.046 |
|
|
|
|
|
|
|
Gross Tax Payable (76116 or 46205 whichever is higher) |
|
|
0.076 |
|
Tax Deducted at Source |
|
|
|
|
Other than Salary |
0.003 |
0.003 |
|
|
Total Prepaid Taxes |
|
|
0.003 |
|
Tax Payable |
|
|
0.073 |
|
Interest u/s. 234A for 6 Months |
|
0.004 |
|
|
Interest u/s. 234B |
|
0.008 |
|
|
Interest u/s. 234C : |
|
|
|
|
Deferment of First Instalment |
0.000 |
|
|
|
Deferment of Second Instalment |
0.001 |
|
|
|
Deferment of Third Instalment |
0.001 |
0.003 |
0.016 |
|
Balance Payable |
|
|
0.089 |
|
Sales Assessment Tax Paid : |
|
|
|
|
Scroll 00015/ 0201870 BSR Code 27.03.02015 |
|
0.089 |
0.089 |
|
BANK OF BARODA OLD PADRA ROAD |
|
|
|
|
|
|
|
|
|
Net Tax Payable u/s/ 140A |
|
|
3 |
|
Rounded off To Nearest 10 |
|
|
Nil |
ALLOCATION BETWEEN PARTNERS:
|
Name of the Partners |
(%) |
Shares (Rs. In Million) |
Int. on Capital |
(Rs. In Million) Remuneration/ Salary |
(%) |
|
Diptiben Jaidip Trivedi |
90.00 |
0.222 |
0.189 |
0.225 |
50.00 |
|
Jaidip Dineshbhai Trivedi |
10.00 |
0.025 |
0.099 |
0.225 |
50.00 |
|
Total |
100.00 |
0.246 |
0.283 |
0.450 |
100.00 |
PROJECTED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Share Capital |
|
5.261 |
4.964 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
5.261 |
4.964 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
3.000 |
2.830 |
|
|
2] Unsecured Loans |
|
0.000 |
0.000 |
|
|
TOTAL BORROWING |
|
3.000 |
2.830 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
8.261 |
7.794 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
0.530 |
0.623 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.015 |
0.015 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
4.285
|
3.895
|
|
|
Sundry Debtors |
|
4.042
|
3.674
|
|
|
Cash & Bank Balances |
|
1.920
|
1.880
|
|
|
Other Current Assets |
|
0.000
|
0.000
|
|
|
Loans & Advances and deposits |
|
0.077
|
0.077
|
|
Total
Current Assets |
|
10.324
|
9.526
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
2.454
|
2.230
|
|
|
Other Current Liabilities |
|
0.154
|
0.140
|
|
|
Provisions |
|
0.000
|
0.000
|
|
Total
Current Liabilities |
|
2.608
|
2.370
|
|
|
Net Current Assets |
|
7.716
|
7.156
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
8.261 |
7.794 |
|
PROJECTED
PROFIT & LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
37.775 |
34.341 |
|
|
|
Other Income |
|
2.584 |
2.350 |
|
|
|
TOTAL |
|
40.359 |
36.691 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Advertisement Expenses |
|
0.022 |
0.019 |
|
|
|
Ambu.Int. Compo and Accessories |
|
0.028 |
0.025 |
|
|
|
Ambu. Medi. Compo. and Accessories |
|
1.914 |
0.463 |
|
|
|
Ambu. Labour Charges for |
|
0.509 |
1.740 |
|
|
|
Audit Fees |
|
0.021 |
0.019 |
|
|
|
Bank Charges |
|
0.012 |
0.011 |
|
|
|
Bank Interest |
|
0.077 |
0.070 |
|
|
|
Bonus |
|
0.037 |
0.034 |
|
|
|
Computer Expenses |
|
0.011 |
0.011 |
|
|
|
Conveyance Expenses |
|
0.026 |
0.024 |
|
|
|
Other Expenses |
|
2.495 |
2.268 |
|
|
|
Cost of goods sold |
|
32.692 |
29.720 |
|
|
|
Sales Return |
|
1.534 |
1.396 |
|
|
|
TOTAL |
|
39.378 |
35.800 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
0.981 |
0.891 |
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
|
0.136 |
0.123 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
|
0.845 |
0.768 |
|
INTRODUCTION:
Yagna Medical Science was established in the year 2009 and spin off from
well reputed YOGIRAJ MEDICAL ENGG. SYSTEM PRIVATE LIMITED AND VEEDY CORPORATION
based at Baroda and Ahmedabad. The purpose of forming new firm is to provide
world class Healthcare Solutions and Therepies for large nos of patients who
are suffering from various aliment.
The core activity of YAGNA MEDICAL SCIENCE is in the fraternity of
Nephrology, Urology, Critical Care, CNS, Virology, Emergency Medical Services
and many more.
Their Business Association with following companies:
1. JOHNSON AND JOHNSON LIMITED
2. ROCHE SCIENTIFIC COMPANY LIMITED [Nephrology + Virology]
3. NOVARTIS INDIA LIMITED
4. BIOCON LIMITED [Nephrology + Transplant]
5. GENZYME
6. ABBOTT HEALTHCARE LIMITED
7. LA RENON HEALTHCARE [Nephroscience + Kirrus]
8. STEDFAST MEDISHIELD
9. GENNOVA BIOPHARMACUTICALS LIMITED
10. EMCURE PHARMACUTICALS LIMITED
11. CLARIS LIFESCEINCES LIMITED
NET WORTH CERTIFICATE
They hereby certify below the position of
Assets and Liabilities of the person mentioned hereunder as on 31.03.2015
The same has been verified from the and other
details produced before us:
Name: JAIDIP DINESHBHAI TRIVEDI
PAN: AAYPT6977F
Date of Birth: 06.09.1965
Permanent Address: 73, NAND RESIDENCY, OLD
PADRA ROAD VADODARA-390020 INDIA
Office Address: 03, OMKAR KHARIVAV ROAD
RAOPUR, VADODARA INDIA
(A) Total Value of Immovable Property:
(This includes beneficial share owned in Land,
Building, Flat, Factory, Shop, House etc.)
|
Nature of Property |
Location with Complete Address |
Value at Cost
(In Million) |
|
RESIDENCE BUNGLOW at |
73, NAND RESIDENCY, OLD PADRA ROAD, VADODARA
– 390020, INDIA |
11.100 (MKT. VALUE) |
|
Shop |
-- |
0 |
|
Shop |
-- |
0 |
|
|
|
|
|
TOTAL |
11.100 |
|
(B) Total Value of Other Assets
(This includes Cash, Bank Balance, Gold, Other
Jewellery, Investment in Shares/Mutual Funds/FD’s/LIC etc, Vehicles, Capital in
Business etc.)
|
Nature of Asset |
Particulars of Asset/Complete Description |
Qty. |
Value at Cost
(In Million) |
|
LIC |
LIC PREMIUM PAID APPX. |
3 |
0.500 |
|
Jewellery |
Jewellery APPX. |
LOT |
0.500 |
|
FDR and Bank |
Bank BALANCE APPX. |
1 |
0.100 |
|
Capital Investment |
In Yagna Medical Science 31.03.2015
Provisional |
1 |
1.343 |
|
TOTAL |
|
2.443 |
|
(C) Total Liabilities
|
Borrowed From |
Amount and Securities offered |
Purpose |
O/s as on date
(Rs. In Million) |
|
-- |
|
-- |
|
|
-- |
|
-- |
|
|
-- |
|
-- |
|
|
|
|
|
|
|
TOTAL |
|
24.43 |
|
(D) Net Worth: (A+B-C) = /- 13.543 Million Approximately
He/ She is the Guarantor for various
Borrowings by his/her friends / relatives / firms(s) / company(s) as detailed
below.
|
Guaranteed to |
For the Borrowings by |
Purpose |
Amount
Guaranteed (Rs. In Million) |
|
BANK OF BARODA |
YAGNA MEDICAL SCIENCE |
Cash Credit |
2.500 |
|
|
|
Vehicles |
|
|
|
|
Cash Credit |
|
|
|
|
|
|
|
TOTAL |
|
2.500 |
|
Name: DIPTIBEN JAIDIP TRIVEDI
PAN: AHKPT8793L
Date of Birth: 30.11.1974
Permanent Address: 73, NAND RESIDENCY, OLD
PADRA ROAD, VADODARA – 390020, INDIA
Office Address: 03, OMKAR KHARIV AV ROAD
RAOPURA, VADODARA, INDIA
(A) Total Value of Immovable Property:
(This includes beneficial share owned in Land,
Building, Flat, Factory, Shop, House etc.)
|
Nature of Property |
Location with Complete Address |
Value at Cost
(Rs. In Millon) |
|
RESIDENCE BUNGLOW at |
--- |
---- |
|
Shop at |
03, OMKAR, KHARIVAV ROAD, RAOPURA, VADODARA |
3.000 (MKT. VALUE) |
|
Shop |
-- |
0 |
|
|
|
|
|
TOTAL |
3.000 |
|
(B) Total Value of Other Assets:
(This includes Cash, Bank balance, Gold, Other
Jewellery, Investment in Share/Mutual Funds/FD’s/LIC etc, Vehicles, Capital in
Business etc.)
|
Nature of Asset |
Particulars of Asset/Complete Description |
Qty. |
Value at Cost
(In Million) |
|
LIC |
LIC PREMIUM PAID APPX. |
3 |
0.500 |
|
Jewellery |
Jewellery APPX. |
LOT |
0.500 |
|
FDR and Bank |
Bank BALANCE APPX. |
1 |
0.100 |
|
Capital Investment |
In Yagna Medical Science 31.03.2015
Provisional |
1 |
3.170 |
|
TOTAL |
|
3.170 |
|
(C) Total Liabilities
|
Borrowed From |
Amount and Securities offered |
Purpose |
O/s as on date
(Rs. In Million) |
|
-- |
|
-- |
|
|
-- |
|
-- |
|
|
-- |
|
-- |
|
|
|
|
|
|
|
TOTAL |
|
0/- |
|
(D) Net Worth: (A+B-C) = /-8.170 Million Approximately
He/ She is the Guarantor for various
Borrowings by his/her friends/ relatives / firm(s) / company (s) as detailed
below:
|
Guaranteed to |
For the Borrowings by |
Purpose |
Amount
Guaranteed (Rs. In Million) |
|
BANK OF BARODA |
YAGNA MEDICAL SCIENCE |
Cash Credit |
2.500 |
|
|
|
Vehicles |
|
|
|
|
Cash Credit |
|
|
|
|
|
|
|
TOTAL |
|
2.500 |
|
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records 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
regstered 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. 63.76 |
|
UK Pound |
1 |
Rs. 97.80 |
|
Euro |
1 |
Rs. 69.91 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
JYO |
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 |
5 |
|
--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 |
NO |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
45 |
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.