MIRA INFORM REPORT
|
Report No. : |
324702 |
|
Report Date : |
05.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
ANANDA AQUA EXPORTS PRIVATE LIMITED (w.e.f. 13.04.2004) |
|
|
|
|
Formerly Known
As : |
ANANDA AGRO AND AQUACULTURE PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
D. No. 27-8-21/3, Sivarao Pet, Bhimavaram – 534202, Andhra Pradesh |
|
Tel. No.: |
91-8816-230878/ 230888 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
08.07.1993 |
|
|
|
|
Com. Reg. No.: |
01 - 015971 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 20.871 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U05005AP1993PTC015971 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAGCA1156Q |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Processor, Exporter and Trader of Aqua Shrimps, Black Tiger Shrimps,
Pink Brown Shrimps. |
|
|
|
|
No. of Employees
: |
100 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (44) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 594000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
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|
|
|
Litigation : |
Clear |
|
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|
|
Comments : |
Subject is established company incorporated in July 1994. Company is
engaged in shrimp processing, shrimp feed trading and shrimp hatcheries. The
company belong to Ananda Group and it is having satisfactory track record. During year 2014, the company reported above average operating income
of Rs.4543.300 Million (previous year Rs.2365.000 Million 2013). Rating draws comfort on company established operational track record
into aquaculture business and along track record of its promoters. Rating limits on risk associated in the sea food industry, climatic
conditions and intense competition from domestic and international players. However, trade relations are fair. Business is active. Payments are
reported to be slow but correct. The company can be considered good 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 |
ICRA |
|
Rating |
Issuer Rating : IrBB |
|
Rating Explanation |
Inadequate credit quality and high credit risk. |
|
Date |
August, 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
|
Name : |
Mr. Srinivas |
|
Designation : |
General Manager Finance |
|
Contact No.: |
91-7382611861 |
|
Date : |
29.05.2015 |
LOCATIONS
|
Registered Office : |
D. No. 27-8-21/3, Sivarao Pet, Bhimavaram - 534202, Andhra Pradesh,
India |
|
Tel. No.: |
91-8816-230878, 230888, 272507, 272607,279111 |
|
Fax No.: |
91-8816-272707,279113 |
|
E-Mail : |
|
|
Website : |
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|
Location : |
Owned |
|
|
|
|
Factory : |
Bhimavaram Mandalam, W.G. District, Ramayanapuram – 534239, Andhra
Pradesh, India |
|
Tel. No.: |
91-8816-272607/ 272569/ 272507 |
|
Fax No.: |
91-8816-272707 |
DIRECTORS
As on: 30.09.2014
|
Name : |
Uddaraju Kasi Viswanadha Raju |
|
Designation : |
Managing Director |
|
Address : |
2-5-1 Siva Rao Peta(P), Bhimavaram, West Godavari, 534202, Andhra
Pradesh, India |
|
Date of Birth/Age : |
11-08-1952 |
|
Date of Appointment : |
08-07-1993 |
|
DIN No.: |
01736604 |
|
|
|
|
Name : |
Uddaraju Ramakrishnama Raju |
|
Designation : |
Director |
|
Address : |
2-5-1, Siva Rao Pet, Bhimavaram, West Godavari Dt, 534202, Andhra
Pradesh, India |
|
Date of Birth/Age : |
13-06-1958 |
|
Date of Appointment : |
12-05-2004 |
|
DIN No.: |
02488282 |
|
|
|
|
Name : |
Uddaraju Srinivasa Raju |
|
Designation : |
Director |
|
Address : |
2-7-4,Sivaraopet, Bhimavaram, West Godavari, 534202, Andhra Pradesh,
India |
|
Date of Birth/Age : |
27-03-1967 |
|
Date of Appointment : |
12-05-2004 |
|
DIN No.: |
02488311 |
|
|
|
|
Name : |
Uddaraju Anand Ramesh Varma |
|
Designation : |
Director |
|
Address : |
2-7-4, Surya Bhavan, Sivaraopeta, Bhimavaram, West Godavari, 534202,
Andhra Pradesh, India |
|
Date of Birth/Age : |
26-02-1972 |
|
Date of Appointment : |
12-05-2004 |
|
DIN No.: |
02488327 |
|
|
|
|
Name : |
Uddaraju Muralianand Varma |
|
Designation : |
Director |
|
Address : |
2-5-14, Sivaraopeta, Bhimavaram, West Godavari, 534202, Andhra
Pradesh, India |
|
Date of Birth/Age : |
29-08-1974 |
|
Date of Appointment : |
12-05-2004 |
|
DIN No.: |
02597467 |
|
|
|
|
Name : |
Uddaraju Sreeram Lakshimipathi Bhoga Raju |
|
Designation : |
Director |
|
Address : |
2-7-4,, Sivaraopeta, Bhimavaram, 534202, Andhra Pradesh, India |
|
Date of Birth/Age : |
27-03-1967 |
|
Date of Appointment : |
12-05-2004 |
|
DIN No.: |
02615898 |
|
|
|
|
Name : |
Uddaraju Jogi Anand Varma |
|
Designation : |
Director |
|
Address : |
Siri Residency, Apt No 601, Engineers Colony, Yellareddyguda,
Hyderabad, 500016, Andhra Pradesh, India |
|
Date of Birth/Age : |
16-10-1977 |
|
Date of Appointment : |
12-05-2004 |
|
DIN No.: |
02702190 |
|
|
|
|
Name : |
Uddaraju Krishna Prasad |
|
Designation : |
Director |
|
Address : |
2-5-1, Sivarao Peta, Bhimavaram, West Godavari, 534202, Andhra
Pradesh, India |
|
Date of Birth/Age : |
15-05-1950 |
|
Date of Appointment : |
08-07-1993 |
|
PAN No.: |
AGEDR6380Q |
|
DIN No.: |
02716545 |
|
|
|
|
Name : |
Uddaraju Suryanarayana Raju |
|
Designation : |
Director |
|
Address : |
2-7-4, Sivarao Peta, Bhimavaram, 534202, Andhra Pradesh, India |
|
Date of Birth/Age : |
10-08-1969 |
|
Date of Appointment : |
12-05-2004 |
|
PAN No.: |
AGEGE5266B |
|
DIN No.: |
02816686 |
KEY EXECUTIVES
|
Name : |
Mr. Srinivas |
|
Designation : |
General Manager Finance |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 30.09.2014
|
Names of Shareholders |
|
No. of Shares |
|
Uddaraju Krishna Prasad |
|
39440 |
|
Uddaraju Kasi Viswanadha Raju |
|
100780 |
|
Uddaraju Ramakrishnama Raju |
|
27170 |
|
Uddaraju Sreeram Lakshimipathi Bhoga Raju |
|
43400 |
|
Uddaraju Suryanarayana Raju |
|
292580 |
|
Uddaraju Srinivasa Raju |
|
92450 |
|
U Radha Rani |
|
75900 |
|
Uddaraju Jogi Anand Varma |
|
214284 |
|
U Anand Kiran |
|
13100 |
|
U Anand Raju |
|
10100 |
|
Uddaraju Muralianand Varma |
|
12600 |
|
Uddaraju Anand Ramesh Varma |
|
12500 |
|
Raju Vegesna Infotech Private Limited |
|
833333 |
|
Kalyan Varma Nambur |
|
191296 |
|
Anand K Uddaraju |
|
89117 |
|
Kode Srinivas |
|
39023 |
|
|
|
|
|
Total |
|
2087073 |
Equity Share Break up (Percentage of Total Equity)
|
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 |
25.57 |
|
Bodies corporate |
39.93 |
|
Directors or relatives of Directors |
34.50 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Processor, Exporter and Trader of Aqua Shrimps, Black Tiger Shrimps,
Pink Brown Shrimps. |
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Products : |
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Brand Names : |
-- |
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Agencies Held : |
Not Divulged |
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Exports : |
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Products : |
Finished Goods |
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Countries : |
Ø UK Ø USA Ø Middle East |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Cash and Credit (30 days / 60 days / 90 days) |
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Purchasing : |
Cash and Credit (30 days / 60 days / 90 days) |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
Wholesalers, Retailers, End Users and OEMs
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No. of Employees : |
100 (Approximately) |
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Bankers : |
Canara Bank, Industrial Finance Branch, 5-10-194, Chakrapani Estate, Saifabad, Kalanjali Building, Hyderabad - 500004, Andhra Pradesh, India |
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Facilities : |
(Rs.
In Million)
NOTE : LONG TERM
BORROWINGS Canara Bank Term Loan: The term loan from Canara Bank are secured by hypothecation IQF machinery and other equipment purchased out of the term loan proceed s as prime security. Collateral Security: Collateral security of agricultural land belonging to directors, personal guarantee by directors and corporate guarantee given by other group concerns. SHORT TERM
BORROWINGS Canara Bank- ODBD, Canara Bank-PCFC, Canara Bank- Packing Credit: The working capital loan from Canara Bank are Primarily Secured by hypothecation stocks and book debts less than 180 days. Collateral Security: Collateral Security of agricultural land belonging to directors, Personal guarantee by directors and Corporate guarantee given by other group concerns. |
|
Auditors : |
|
|
Name : |
Rao and Sharma Chartered Accountants |
|
Address : |
Door No 24 - 3 - 11/201 Suma, Sri Residency, Sreerampuram, Main Street West, Godavari, District Bhimavaram - 534202, Andhra Pradesh, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AATFS9395B |
|
|
|
|
Enterprises which
are owned, or have significant
influence of or are partners with Key management personnel and their relatives : |
|
CAPITAL STRUCTURE
As on: 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2500000 |
Equity Shares |
Rs.10/- each |
Rs. 25.000 Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2087073 |
Equity Shares |
Rs.10/- each |
Rs. 20.871
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 |
20.871 |
20.871 |
20.871 |
|
(b) Reserves &
Surplus |
182.933 |
144.256 |
111.592 |
|
(c) Money received
against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
4.064 |
25.449 |
45.687 |
|
Total Shareholders’ Funds
(1) + (2) |
207.868 |
190.576 |
178.150 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
88.334 |
44.779 |
2.589 |
|
(b) Deferred tax
liabilities (Net) |
20.318 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
6.095 |
3.921 |
3.742 |
|
Total Non-current
Liabilities (3) |
114.747 |
48.700 |
6.331 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
397.128 |
323.886 |
183.472 |
|
(b) Trade payables |
450.673 |
248.978 |
228.712 |
|
(c) Other current
liabilities |
27.954 |
32.513 |
21.627 |
|
(d) Short-term provisions |
5.791 |
0.109 |
4.707 |
|
Total Current Liabilities
(4) |
881.546 |
605.486 |
438.518 |
|
|
|
|
|
|
TOTAL |
1204.161 |
844.762 |
622.999 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
256.109 |
165.738 |
96.456 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
29.945 |
59.077 |
13.120 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
4.600 |
4.100 |
16.672 |
|
(c) Deferred tax assets
(net) |
0.000 |
1.168 |
0.073 |
|
(d) Long-term Loan and Advances |
16.892 |
15.642 |
0.000 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
307.546 |
245.725 |
126.321 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
103.879 |
92.530 |
71.197 |
|
(c) Trade receivables |
619.587 |
424.810 |
251.332 |
|
(d) Cash and cash
equivalents |
91.060 |
36.725 |
25.001 |
|
(e) Short-term loans and
advances |
20.110 |
30.801 |
149.148 |
|
(f) Other current assets |
61.979 |
14.171 |
0.000 |
|
Total Current Assets |
896.615 |
599.037 |
496.678 |
|
|
|
|
|
|
TOTAL |
1204.161 |
844.762 |
622.999 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
4543.324 |
2365.000 |
2019.898 |
|
|
Other Income |
NA |
NA |
18.909 |
|
|
TOTAL |
NA |
NA |
2038.807 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
TOTAL |
NA |
NA |
[Including Depreciation
expenses] |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
68.102 |
50.207 |
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
NA |
6.562 |
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
NA |
43.645 |
31.620 |
|
|
|
|
|
|
|
Less |
TAX |
NA |
10.981 |
9.641 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
38.677 |
32.664 |
21.979 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
2926.061 |
1153.215 |
904.716 |
|
|
TOTAL EARNINGS |
2926.061 |
1153.215 |
904.716 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (Rs.) |
18.53 |
15.65 |
-- |
|
Particulars |
|
|
31.03.2015 |
|
Sales Turnover (Approximately) |
|
|
5000.000 |
The above information has been parted by Mr. Sinivas (General Manager
Finance)
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
0.000 |
5.629 |
2.648 |
|
Cash generated from operations |
|
|
|
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
PAT / Sales |
(%) |
0.85 |
1.38 |
1.09 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
NA |
5.59 |
5.33 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
NA |
0.23 |
0.18 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
2.34 |
1.96 |
1.06 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.02 |
0.99 |
1.13 |
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 |
20.871 |
20.871 |
20.871 |
|
Reserves & Surplus |
111.592 |
144.256 |
182.933 |
|
Share Application money
pending allotment |
45.687 |
25.449 |
4.064 |
|
Net worth |
178.150 |
190.576 |
207.868 |
|
|
|
|
|
|
long-term borrowings |
2.589 |
44.779 |
88.334 |
|
Short term borrowings |
183.472 |
323.886 |
397.128 |
|
Current Maturities of
Long Term Debt |
2.648 |
5.629 |
0.000 |
|
Total borrowings |
188.709 |
374.294 |
485.462 |
|
Debt/Equity ratio |
1.059 |
1.964 |
2.335 |
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 |
2019.898 |
2365.000 |
4543.324 |
|
|
|
17.085 |
92.107 |
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 |
2019.898 |
2365.000 |
4543.324 |
|
Profit |
21.979 |
32.664 |
38.677 |
|
|
1.09% |
1.38% |
0.85% |
|
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 |
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) |
Yes |
|
16 |
No. of employees |
Yes |
|
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 four 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 |
UNSECURED LOAN
|
PARTICULARS |
31.03.2014 (Rs.
in Million) |
31.03.2013 (Rs.
in Million) |
|
Long-term Borrowings |
|
|
|
Loans and advances from directors |
53.070 |
18.890 |
|
Total |
53.070 |
18.890 |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10543207 |
31/12/2014 |
4,500,000.00 |
CANARA BANK |
PP ROAD, OPP. RELIANCE SUPER MARKET, BHIMAVARAM, |
C40543092 |
|
2 |
10479929 |
31/01/2014 |
2,591,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B97344303 |
|
3 |
10461464 |
30/09/2013 |
2,454,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B90027491 |
|
4 |
10450953 |
31/08/2013 |
2,854,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B85697837 |
|
5 |
10438356 |
28/06/2013 |
500,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B80244668 |
|
6 |
10424807 |
23/04/2013 |
1,880,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B74797911 |
|
7 |
10414537 |
22/03/2013 |
5,370,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B71695308 |
|
8 |
10417868 |
13/03/2013 |
603,800,000.00 |
CANARA BANK |
INDUSTRIAL FINANCE BRANCH, 5-10-194, CHAKRAPANI E |
B72633241 |
|
9 |
10379919 |
28/08/2012 |
3,120,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B59452649 |
|
10 |
10359449 |
19/05/2012 |
2,080,000.00 |
HDFC BANK LIMITED |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL W |
B41135203 |
* Date of charge modification
FIXED ASSETS
- Land
- Buildings
- Other
building
- Plant and
equipment
- Other plant
and equipment
- Furniture and
fixtures
- Vehicles
- Motor
vehicles
- Office
equipment
- Computer
equipments
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.64.17 |
|
|
1 |
Rs.98.30 |
|
Euro |
1 |
Rs.72.25 |
INFORMATION DETAILS
|
Information
Gathered by : |
PPT |
|
|
|
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
SNT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
6 |
|
FINANCIAL CONDITION |
|
0 |
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
4 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER
|
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
44 |
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.