MIRA INFORM REPORT
|
Report No. : |
325364 |
|
Report Date : |
03.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
OM SHREE INTERNATIONAL PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
115, 206 New India Industrial Estate, Plot No.33, Off Mahakali Caves
Road, Mumbai – 400093, Maharashtra |
|
Tel. No.: |
91-22-26874851 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
03.06.2011 |
|
|
|
|
Com. Reg. No.: |
11-218283 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 8.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U51109MH2011PTC218283 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMO05616C |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Dealers and exporters all kind of spices, Food Stuff, Dry
fruits, Food Addictives, Food color, Chemicals, Engineering Goods, Garments
and Textiles etc. |
|
|
|
|
No. of Employees
: |
20 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (46) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
NB |
New Business |
||
|
Maximum Credit Limit : |
USD 380000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established having company satisfactory track record. Financial position of the company seems to be decent. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. 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 |
CARE |
|
Rating |
Long term bank facilities: BBB- |
|
Rating Explanation |
Have moderate degree of safety and carry moderate credit risk. |
|
Date |
23.09.2014 |
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 PARTED BY (GENERAL DETAILS)
|
Name : |
Ms. Rani |
|
Designation : |
Export Department |
|
Contact No.: |
91-22-66991147 |
|
Date : |
29.05.2015 |
LOCATIONS
|
Registered Office : |
115, 206 New India Industrial Estate, Plot No.33, Off Mahakali Caves Road,
Mumbai – 400093, Maharashtra, India |
|
Tel. No.: |
91-22-66991147/ 26874865/ 26874851/ 66925933 |
|
Fax No.: |
91-22-26874855 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
DIRECTORS
AS ON 13.08.2014
|
Name : |
Mr. Kirat Ramanlal Turakhia |
|
Designation : |
Whole-time director |
|
Address : |
601, 6th Floor, Joy Residency, 12th Road, Plot
No.281, Khar (West), Mumbai – 400052, Maharashtra, India |
|
Date of Birth/Age : |
26.06.1956 |
|
Date of Appointment : |
03.06.2011 |
|
DIN No.: |
01640492 |
|
PAN No.: |
AACPT1558J |
|
Other
directorship: |
|
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U47010MH2005PTC156535 |
APT
REALTY PRIVATE LIMITED |
Director |
01-08-07 |
01-08-07 |
- |
Active |
NO |
|
2 |
U51109MH2011PTC218283 |
Om
Shree International Private Limited |
Whole-time
director |
03-06-11 |
03-06-11 |
- |
Active |
NO |
|
Name : |
Mrs. Priti Kirat Turakhia |
|
Designation : |
Whole-time director |
|
Address : |
401, Jyoti Paradise, 160 Shere Punjab, Andheri (East), Mumbai –
400093, Maharashtra, India |
|
Date of Birth/Age : |
22.09.1960 |
|
Date of Appointment : |
03.06.2011 |
|
DIN No.: |
02034699 |
|
PAN No.: |
AAEPT3593R |
|
Other
directorship: |
|
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U47010MH2005PTC156535 |
APT
REALTY PRIVATE LIMITED |
Director |
30-09-09 |
01-04-09 |
- |
Active |
NO |
|
2 |
U51109MH2011PTC218283 |
Om
Shree International Private Limited |
Whole-time
director |
03-06-11 |
03-06-11 |
- |
Active |
NO |
|
Name : |
Mr. Misaal Kirat Turakhia |
|
Designation : |
Additional director |
|
Address : |
SA/ 601, Joy Residency, 12th Road, Khar (West), Mumbai –
400052, Maharashtra, India |
|
Date of Birth/Age : |
12.11.1990 |
|
Date of Appointment : |
18.05.2015 |
|
DIN No.: |
03554793 |
|
PAN No.: |
AHGPT3709C |
|
Other
directorship: |
|
|
S.No. |
CIN/LLPIN |
Name
of the Company/ LLP |
Current
designation of the Director/ Designated Partner |
Date
of appointment at current designation |
Original
date of appointment |
Date
of cessation |
Company/
LLP Status |
Defaulting
status |
|
1 |
U51109MH2011PTC218283 |
Om
Shree International Private Limited |
Additional
director |
18-05-15 |
11-07-11 |
- |
Active |
NO |
KEY EXECUTIVES
|
Name : |
Ms. Rani |
|
Designation : |
Export Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 13.08.2014
|
Names of Shareholders |
|
No. of Shares |
|
Kirat Ramanlal Turakhia |
|
282500 |
|
Premlara Ramanlal Turakhia |
|
76000 |
|
Priti Kirat Turakhia |
|
278000 |
|
Missal Kirat Turakhia |
|
78000 |
|
Rishab Kirat Turakhia |
|
78000 |
|
Priti Kirat Turakhia Kirat Ramanlal Turakhia |
|
5000 |
|
Kirat Ramanlal Turakhia Priti Kirat Turakhia |
|
2500 |
|
Total |
|
800000 |
Equity Share Break up (Percentage of Total Equity)
AS ON 13.08.2014
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Dealers and exporters all kind of spices, Food Stuff, Dry fruits, Food Addictives, Food color, Chemicals, Engineering Goods, Garments and Textiles etc. |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
|
|
Products : |
Finished Good |
|
Countries : |
|
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
|
|
Selling : |
L/C, Cash and Credit |
|
|
|
|
Purchasing : |
L/C, Cash and Credit |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
Wholesalers, Retailers and End Users
|
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No. of Employees : |
20 (Approximately) |
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Bankers : |
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
|
Facilities : |
(Rs.
In Million)
|
|
Auditors : |
|
|
Name : |
Sarda and Pareek Chartered Accountant |
|
Address : |
Mahavir Apartments, Third Floor, 598 M G Road, Near Suncity Cinema Vile Parle East, Mumbai – 400057, Maharashtra, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AACFS5674A |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Associates/Subsidiaries : |
-- |
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
Rs.10/- each |
Rs. 10.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
800000 |
Equity Shares |
Rs.10/- each |
Rs. 8.000
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
8.000 |
8.000 |
8.000 |
|
(b) Reserves & Surplus |
123.344 |
74.435 |
41.315 |
|
(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) |
131.344 |
82.435 |
49.315 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.738 |
1.438 |
70.028 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
0.738 |
1.438 |
70.028 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
141.572 |
200.865 |
104.811 |
|
(b) Trade payables |
50.445 |
94.300 |
78.089 |
|
(c) Other current liabilities |
7.606 |
18.042 |
34.693 |
|
(d) Short-term provisions |
0.000 |
0.000 |
21.567 |
|
Total
Current Liabilities (4) |
199.623 |
313.207 |
239.160 |
|
|
|
|
|
|
TOTAL |
331.705 |
397.080 |
358.503 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
3.980 |
4.172 |
5.398 |
|
(ii) Intangible Assets |
0.948 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.290 |
0.296 |
0.241 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
31.704 |
|
(e) Other Non-current assets |
1.000 |
1.000 |
0.000 |
|
Total
Non-Current Assets |
6.218 |
5.468 |
37.343 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
31.504 |
16.330 |
85.875 |
|
(c) Trade receivables |
177.690 |
295.408 |
154.530 |
|
(d) Cash and cash equivalents |
89.112 |
1.427 |
4.430 |
|
(e) Short-term loans and
advances |
8.141 |
27.251 |
17.809 |
|
(f) Other current assets |
19.040 |
51.196 |
58.516 |
|
Total
Current Assets |
325.487 |
391.612 |
321.160 |
|
|
|
|
|
|
TOTAL |
331.705 |
397.080 |
358.503 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Total Revenue from Operations |
2292.500 |
1727.300 |
1476.300 |
|
|
Other Income |
NA |
NA |
NA |
|
|
TOTAL
|
NA |
NA |
NA |
|
|
|
|
|
|
|
Less |
EXPENSES |
NA |
NA |
NA |
|
|
|
|
|
|
|
Less |
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
98.800 |
70.900 |
79.800 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
22.000 |
19.400 |
17.000 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
76.800 |
51.500 |
62.800 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
1.500 |
1.300 |
1.200 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
75.300 |
50.200 |
61.600 |
|
|
|
|
|
|
|
Less |
TAX |
26.400 |
17.100 |
20.300 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
48.900 |
33.100 |
41.300 |
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
74.400 |
41.300 |
0.000 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
123.300 |
74.400 |
41.300 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
61.13 |
NA |
NA |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
NA |
0.000 |
0.759 |
|
Cash generated from operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
2.13 |
1.92 |
2.80 |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
4.31 |
4.10 |
5.41 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
22.72 |
12.65 |
17.19 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.57 |
0.61 |
1.25 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.08 |
2.45 |
3.56 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.63 |
1.25 |
1.34 |
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 |
8.000 |
8.000 |
8.000 |
|
Reserves & Surplus |
41.315 |
74.435 |
123.344 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
49.315 |
82.435 |
131.344 |
|
|
|
|
|
|
long-term borrowings |
70.028 |
1.438 |
0.738 |
|
Short term borrowings |
104.811 |
200.865 |
141.572 |
|
Total
borrowings |
175.598 |
202.303 |
142.310 |
|
Debt/Equity
ratio |
3.561 |
2.454 |
1.083 |
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) |
|
Total Revenue from Operations |
1476.300 |
1727.300 |
2292.500 |
|
|
|
17.002 |
32.722 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Total Revenue from Operations |
1476.300 |
1727.300 |
2292.500 |
|
Profit |
41.300 |
33.100 |
48.900 |
|
|
2.80% |
1.92% |
2.13% |
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) |
Yes |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
No |
|
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 |
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 |
Yes |
|
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 |
REVIEW OF
PERFORMANCE:
During the year, the Company earned total revenue of Rs. 2292.500 Million as compared to Rs. 1727.300 Million made in the previous year, an increase of 32.72% than the previous year. The Company made a profit of Rs. 48.900 Million after tax as compared to the profit after tax Rs. 33.100 Million made in the previous year. The Company is able to maintain the standard quality of the products and make it available to the general public at affordable prices in the near future.
CORPORATE
INFORMATION:
Subject having its principal place of business at 115, New Industrial Estate, off. Mahakali Caves Road, Andheri (east), Mumbai carring on the business as dealers and exporters all kind of spices, Food Stuff, Dry fruits, Food Addictives, Food color, Chemicals, Engineering Goods, Garments and Textiles etc.
UNSECURED LOAN
|
Particulars |
31.03.2014 (Rs.
in Million) |
31.03.2013 (Rs.
in Million) |
|
SHORT TERM
BORROWING |
|
|
|
Term loans |
17.853 |
28.161 |
|
Deposits from directors |
16.306 |
16.306 |
|
Deposits from shareholders |
35.616 |
35.621 |
|
Loans and advances from others |
16.615 |
0.000 |
|
Total |
86.390 |
80.088 |
|
|
|
|
INDEX
OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10330120 |
10/02/2012 * |
120,000,000.00 |
STATE BANK OF INDIA |
214, EMPIRE HOUSE, D. N. ROAD, FORT, MUMBAI, MAHARASHTRA - 400001, INDIA |
B32676223 |
* Date of charge modification
FIXED ASSETS
Tangible assets
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
- Other equipments
Intangible assets
- Computer software
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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.63.83 |
|
UK Pound |
1 |
Rs.97.10 |
|
Euro |
1 |
Rs.69.74 |
INFORMATION DETAILS
|
Information
Gathered by : |
DIP |
|
|
|
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
KVT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
6 |
|
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 |
YES |
|
--AFFILIATION |
YES/NO |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
46 |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.