MIRA INFORM REPORT
|
Report No. : |
326666 |
|
Report Date : |
19.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
SHRI
MANGALAM AUTO PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Khasra No.1478/83,1479/982, Bikaner Road, Nagaur - 341001, Rajasthan |
|
Tel. No.: |
91-9414117929 [Mr. Mahendra Singh Bhati] |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
-- |
|
|
|
|
Date of
Incorporation : |
17.01.2015 |
|
|
|
|
Com. Reg. No.: |
17-046931 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 20.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U50300RJ2015PTC046931 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
JDHS15449A |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAVCS3472N |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Dealer of Cars and also Providing After Sale Services. |
|
|
|
|
No. of Employees
: |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
NB |
New Business |
|
|
Status : |
New Business |
|
|
|
|
Payment Behaviour : |
Unknown |
|
|
|
|
Litigation : |
-- |
|
|
|
|
Comments : |
Subject is a new company incorporated during the year 17th
January 2015, and it is yet to establish itself gradually. Mr. Mahendra Singh Bhati, Director has provided the information to us
and claimed that company will start its business activities from October
2015. As per Registrar of Companies, business is active. Payments are
reported to be unknown. In view of newly incorporation of the company, the company can be
considered for business dealings on fully safe and secure 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
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 PARTED BY
|
Name : |
Mr. Mahendra Singh Bhati |
|
Designation : |
Director |
|
Contact No.: |
91-9414117929 |
|
Date : |
16.06.2015 |
LOCATIONS
|
Registered Office : |
Khasra No.1478/83,1479/982, Bikaner Road, Nagaur - 341001, Rajasthan, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9414117929 [Mr. Mahendra Singh Bhati] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Location : |
Leased |
DIRECTORS
AS ON 16.01.2015
|
Name : |
Mr. Bahadur Singh Bhati |
|
Designation : |
Director |
|
Address : |
Naya Darwaja, Nagaur - 341001, Rajasthan, India |
|
Date of Birth/Age : |
62 Years |
|
Qualification : |
HSC |
|
Experience : |
30 Years in Government Service |
|
Date of Appointment : |
17.01.2015 |
|
Profile : |
Mr. Bhati is a Senior Person and promoter of the company. He is retired from Government Services with wide experience about 30 years following Government Laws, Rules and Regulation to benefitted for running the business and company. |
|
DIN No.: |
07067930 |
|
|
|
|
Name : |
Mr. Mahendra Singh Bhati |
|
Designation : |
Director |
|
Address : |
Mangal Bhawan Ghosiwara, New Gate, Nagaur - 341001, Rajasthan, India |
|
Date of Birth/Age : |
42 Years |
|
Qualification : |
HSC |
|
Experience : |
19 Years in Manuf. for Imitation Jewellery |
|
Date of Appointment : |
17.01.2015 |
|
Profile : |
Mr. Bhati is a Promoter of the business and head of Shri Mangalam Auto Private Limited. He is possessed 19 years of vast experience in the field of Imitation Jewellery (Bangles) manufacturing Industries running as proprietorship concern in the name of Shri Mangal Product. Combining experience with high intellect and passion. He is involved in key decision making, exploring new business avenue and providing guidance to the Technically, Sales and Services team. |
|
DIN No.: |
07067931 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 16.01.2015
|
Names of Shareholders |
No. of Shares |
Percentage of Holding |
|
Bahadur Singh Bhati |
500000 |
25.00 |
|
Mahendra Singh Bhati |
1500000 |
75.00 |
|
|
|
|
|
Total |
2000000 |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Dealer of Cars and also Providing After Sale Services. |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
Maruti Suzuki India Limited |
|
|
|
|
Exports : |
|
|
Products : |
-- |
|
Countries : |
-- |
|
|
|
|
Imports : |
|
|
Products : |
-- |
|
Countries : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
-- |
|
|
|
|
Purchasing : |
-- |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
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||||||||||||||||||||||
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Customers : |
Retailers
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
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No. of Employees : |
Not Available |
||||||||||||||||||||||
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||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
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Facilities : |
-- |
|
|
|
|
Auditors : |
Not Available |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Related Parties : |
· Shri Mangal Products · Shri Mangal Fancy Store |
CAPITAL STRUCTURE
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2,000,000 |
Equity Shares |
Rs. 10/- each |
Rs. 20.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2,000,000 |
Equity Shares |
Rs. 10/- each |
Rs. 20.000 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
NEW BUSINESS
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 |
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 |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
Yes |
|
23 |
Financials, if provided |
No |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
No |
|
26 |
Turnover of firm for last three years |
No |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
Yes |
|
29 |
Profitability for last three years |
No |
|
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 |
Yes |
|
35 |
Negative Reporting by Auditors in the Annual
Report |
No |
------------------------------------------------------------------------------------------------------------------------------
COMPARATIVE STATEMENT OF CURRENT ASSETS AND CURRENT
LIABILITIES
(RS. IN MILLION)
|
PARTICULARS |
2015-2016
Estimated |
2016-2017
Projected |
2017-2018
Projected |
2018-2019
Projected |
2019-2020
Projected |
2020-2021
Projected |
|
A. CURRENT
ASSETS |
|
|
|
|
|
|
|
1. Raw Materials (including stores and other used in the process of
mfg) |
|
|
|
|
|
|
|
(a) Imported |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Consumption |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
(b) Indigenous : |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Consumption |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
2. Other Consumables |
|
|
|
|
|
|
|
(a) Imported |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Consumption |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
(b) Indigenous : |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Consumption |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
3. Packing Material |
|
|
|
|
|
|
|
(a) Imported |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Consumption |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
(b) Indigenous : |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Consumption |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
4. Stocks-in-process |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Cost of Production |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
5. Finished goods: |
|
|
|
|
|
|
|
Amount |
56.000 |
66.500 |
76.000 |
90.000 |
106.000 |
121.600 |
|
Month's Cost of Sales |
7.25 |
1.99 |
2.11 |
2.34 |
2.58 |
2.79 |
|
|
|
|
|
|
|
|
|
6. Receivables other than export and deferred receivables (including bill purchased and discounted by banks) |
|
|
|
|
|
|
|
Amount |
2.320 |
5.840 |
9.750 |
11.650 |
13.050 |
16.100 |
|
Month's Domestic
Sales |
0.28 |
0.16 |
0.25 |
0.28 |
0.29 |
0.34 |
|
|
|
|
|
|
|
|
|
7. Export receivables (include bill purchased and discount) |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Export Sales |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
8. Advances to Supplier |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
9. Other Current Assets (specify major Items) |
0.533 |
0.826 |
1.726 |
1.951 |
2.461 |
2.808 |
|
Cash and Bank Balance |
0.533 |
0.826 |
1.726 |
1.951 |
2.461 |
2.808 |
|
Investment except long term |
-- |
-- |
-- |
-- |
-- |
-- |
|
Installment of Deferred receivables |
-- |
-- |
-- |
-- |
-- |
-- |
|
Advance Payment of Taxes |
-- |
-- |
-- |
-- |
-- |
-- |
|
Other |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
10. TOTAL CURRENT ASSETS |
58.853 |
73.166 |
87.476 |
103.601 |
121.511 |
140.508 |
|
|
|
|
|
|
|
|
|
B. CURRENT LIABILITIES |
|
|
|
|
|
|
|
(Other than bank borrowings for WC) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11. Creditors for purchase of raw materials, stores and consumable spares |
|
|
|
|
|
|
|
Amount |
-- |
-- |
-- |
-- |
-- |
-- |
|
Month's Purchase |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
12. Advance from Customers/ SD |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
13. Statutory liabilities |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
14. Other Current liabilities-specify major items |
|
|
|
|
|
|
|
(a) S.T. borrowings others |
-- |
-- |
-- |
-- |
-- |
-- |
|
(b) Dividend Payable |
-- |
-- |
-- |
-- |
-- |
-- |
|
(c) Installment of TL,DGP and Public Deposits |
-- |
-- |
-- |
-- |
-- |
-- |
|
(d) Other |
-- |
-- |
-- |
-- |
-- |
-- |
|
(a) |
-- |
-- |
-- |
-- |
-- |
-- |
|
(b) |
-- |
-- |
-- |
-- |
-- |
-- |
|
(c) |
-- |
-- |
-- |
-- |
-- |
-- |
|
(d) |
-- |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
15. TOTAL CURRENT LIABILITIES |
-- |
-- |
-- |
-- |
-- |
-- |
------------------------------------------------------------------------------------------------------------------------------
SHRI MANGAL PRODUCTS
PROVISIONAL CAPITAL ACCOUNT
(RS. IN MILLION)
|
PARTICULARS |
31.03.2015 [Provisional] |
PARTICULARS |
31.03.2015 [Provisional] |
|
|
|
|
|
|
To Drawings |
0.315 |
By Opening Balance |
9.567 |
|
|
|
|
|
|
To Closing Balance |
11.149 |
By Net Profit |
1.897 |
|
|
|
|
|
|
|
|
|
|
|
Total |
11.464 |
Total |
11.464 |
------------------------------------------------------------------------------------------------------------------------------
SHRI MANGAL PRODUCTS
BALANCE SHEET
(RS. IN MILLION)
|
SOURCES OF FUNDS |
|
31.03.2015 [Provisional] |
31.03.2014 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Capital |
|
11.149 |
9.567 |
|
|
2] Share Application Money |
|
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
|
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
11.149 |
9.567 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
15.816 |
13.622 |
|
|
2] Unsecured Loans |
|
30.863 |
7.620 |
|
|
TOTAL BORROWING |
|
46.679 |
21.242 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
57.828 |
30.809 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
11.087 |
9.308 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
15.257 |
0.151 |
|
|
DEFERRED TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
23.086 |
18.515 |
|
|
Sundry Debtors |
|
12.036 |
7.924 |
|
|
Cash & Bank Balances |
|
1.503 |
1.336 |
|
|
Other Current Assets |
|
0.136 |
0.320 |
|
|
Loans & Advances |
|
1.016 |
1.327 |
|
Total
Current Assets |
|
37.777 |
29.422 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
6.122 |
|
|
|
Other Current Liabilities |
|
0.171 |
|
|
|
Provisions |
|
0.000 |
|
|
Total
Current Liabilities |
|
6.293 |
8.072 |
|
|
Net Current Assets |
|
31.484 |
21.350 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
57.828 |
30.809 |
|
------------------------------------------------------------------------------------------------------------------------------
SHRI MANGAL PRODUCTS
PROFIT AND LOSS ACCOUNT
(RS. IN MILLION)
|
|
PARTICULARS |
|
31.03.2015 [Provisional] |
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
|
39.752 |
26.451 |
|
|
|
Other Income |
|
0.520 |
0.122 |
|
|
|
TOTAL |
|
40.272 |
26.573 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods sold |
|
15.374 |
16.145 |
|
|
|
Direct Expenses |
|
14.605 |
0.000 |
|
|
|
Bank Charges |
|
0.160 |
0.000 |
|
|
|
Bonus to staff |
|
0.317 |
0.000 |
|
|
|
Car Running and Maintenance Expenses |
|
0.120 |
0.151 |
|
|
|
Factory Misc. Expenses |
|
0.177 |
0.066 |
|
|
|
Factory Building Rent |
|
0.456 |
0.586 |
|
|
|
Interest to Bank Loan |
|
1.798 |
1.918 |
|
|
|
Interest to Others |
|
2.812 |
0.853 |
|
|
|
Salary |
|
0.715 |
0.540 |
|
|
|
Staff Welfare Expenses |
|
0.283 |
0.078 |
|
|
|
Other Expenses |
|
0.082 |
3.250 |
|
|
|
TOTAL |
|
36.899 |
23.587 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE DEPRECIATION AND AMORTISATION |
|
3.373 |
2.986 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
1.476 |
1.694 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
|
1.897 |
1.292 |
|
------------------------------------------------------------------------------------------------------------------------------
SHRI MANGAL FANCY STORE
PROFIT AND LOSS ACCOUNT
(RS. IN MILLION)
|
|
PARTICULARS |
|
|
31.03.2015 [Provisional] |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
|
|
1.098 |
|
|
|
Other Income |
|
|
0.000 |
|
|
|
TOTAL |
|
|
1.098 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods sold |
|
|
0.786 |
|
|
|
Electric Expenses |
|
|
0.028 |
|
|
|
Interest to Others |
|
|
0.004 |
|
|
|
Salary |
|
|
0.048 |
|
|
|
Shop Expenses |
|
|
0.008 |
|
|
|
Shop Rent |
|
|
0.014 |
|
|
|
Travelling Expenses |
|
|
0.005 |
|
|
|
TOTAL |
|
|
0.893 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE DEPRECIATION AND AMORTISATION |
|
|
0.205 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
0.004 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
|
|
0.201 |
|
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. BAHADUR SINGH BHATI
(RS. IN MILLION)
DETAILS
OF ASSETS
IMMOVABLE PROPERTY
|
PARTICULARS |
ADDRESS |
AREA |
PURCHASE COST |
PRESENT VALUE |
|
|
|
|
|
|
|
Commercial |
Bikaner Road, Naguar, Rajasthan, India |
4 Bigha |
2.756 |
200.000 |
|
|
|
|
|
|
|
House Residential |
Mangal Bhawan, Naya Darwaza, Naguar,
Rajasthan, India |
-- |
Ancestral |
10.000 |
|
|
|
|
|
|
|
Agriculture Land |
Opposite Dunac Motors, N.H. 89, Bikaner
Road, Naguar, Rajasthan, India |
38 Bigha |
Ancestral |
112.000 |
MOVABLE PROPERTY
|
PARTICULARS |
PURCHASE COST |
PRESENT VALUE |
|
|
|
|
|
Maruti Motor Car (Alto) |
0.400 |
0.150 |
SAVING ACCOUNT
|
PARTICULARS |
BALANCE AS ON
31.03.2015 |
|
|
|
|
A/c No. 51022724407 State Bank of Bikaner and Jaipur [Ghandi
Chowk, Nagaur, Rajasthan] |
0.095 |
LEGAL
HEIRS
|
NAME |
OCCUPATION |
RELATION |
AGE |
MARITAL STATUS |
ADDRESS |
|
|
|
|
|
|
|
|
Mrs. Kesar Devi |
House Wife |
Wife |
58 |
Married |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
|
|
|
|
|
|
|
|
Mr. Mahendra Singh Bhati |
Business (Proprietor: Shri Mangal Products) (Director: Shri Mangalam Auto Private Limited) |
Son |
42 |
Married |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
|
|
|
|
|
|
|
|
Mr. Gajendra Singh Bhati |
Salary (Employee in Shri Mangal Products) |
Son |
39 |
Married |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
|
|
|
|
|
|
|
|
Mr. S. K. Bheti |
Salary (Employee in Shri Mangal Products) |
Son |
36 |
Married |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. MAHENDRA SINGH BHATI
(RS. IN MILLION)
DETAILS
OF ASSETS
IMMOVABLE PROPERTY
|
PARTICULARS |
ADDRESS |
AREA |
PURCHASE COST |
PRESENT VALUE |
|
|
|
|
|
|
|
Laxmi Villa |
M.I. Road, Panch Batti, Jaipur, Rajasthan |
111.75 Sq. Mt. |
1.398 |
5.000 |
MOVABLE PROPERTY
|
PARTICULARS |
PURCHASE COST |
PRESENT VALUE |
|
|
|
|
|
Fortuner Motor Car |
1.900 |
1.000 |
CAPITAL INVESTED
IN BUSINESS = RS. 9.567 MILLION
LIABILITIES
GROUP BALANCES [SECURED LOANS]
|
ACCOUNTS / GROUP |
SANCTION AMOUNT |
TYPE OF LOAN |
CREDIT |
RATE OF INTEREST
|
|
|
|
|
|
|
|
BOB Account No. 10280500000020 |
9800000 |
CC |
9.947 |
13.00% |
|
BOB Account No. 10280600001299 |
1270000 |
Car Loan |
0.471 |
10.25% |
|
BOB Account No. 10280600002128 |
4000000 |
Term Loan |
3.627 |
13.00% |
|
BOB Account No. 10280600001741 |
2300000 |
Term Loan |
1.712 |
13.25% |
|
BOB Account No. 10280600001352 |
1500000 |
Term Loan |
0.059 |
14.50% |
|
|
|
|
|
|
|
Grand Total |
|
|
15.816 |
|
|
Bank of Baroda Saving Account No.
10280100009494 NOTE: All Bank of Baroda Account on Fort Road,
Nagaur (Rajasthan) |
5000 |
4% |
LEGAL
HEIRS
|
NAME |
OCCUPATION |
RELATION |
AGE |
MARITAL STATUS |
ADDRESS |
|
|
|
|
|
|
|
|
Mrs. Saroj |
House wife |
Wife |
36 |
Married |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
|
|
|
|
|
|
|
|
Mr. Manjit Singh |
Student |
Son |
17 |
Unmarried |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
|
|
|
|
|
|
|
|
Mr. Chandrajit Singh |
Student |
Son |
12 |
Unmarried |
Mangal Bhawan, Naya Darwaza, Nagaur, Rajasthan |
------------------------------------------------------------------------------------------------------------------------------
COMPANY PROFILE
Subject
has been incorporated as a company limited by shares under Indian Companies Act
2013 on the seventeenth day of January, 2015.
The
company is authorised dealer in MARUTI SUZUKI INDIA LIMITED. The company will
be performed Sales and Service at Nagaur in Rajasthan. Company committed with
MARUTI SUZUKI INDIA LIMITED to provide best Sales and Services in Nagaur. The
Company will construct the building 6475 Square Yards area at Bikaner Road,
Nagaur. This building is one of the largest counting in Rajasthan.
ABOUT MSIL PRODUCT:
MARUTI
SUZUKI INDIA LIMITED is the leading company in Auto Mobile Sector in India. The
company providing best Sales and Services to customers through their Dealers.
The company is very good image created in Indian market. The MSIL is leading
company in small cars like Alto and Alto K10 and highest value available in
Ciaz Car. The Company aims to provide best Services and Customer Satisfaction
after sales to his customers. The MSIL first time to introduce in India
pre-owed Cars Sales concept. The MSIL Policy help to his dealer to provide sustainable
growth in competitive business environment.
MANAGEMENT:
Subject
is family owned- professionally operated business with management team
comprising of perfect mix of industries veterans and professionally qualified.
The company management practices ethical and transparent business policies with
a vision to achieve sustained growth of the company and its people.
------------------------------------------------------------------------------------------------------------------------------
VALUATION REPORT
(GENERAL DETAILS)
|
Purpose for which valuation is made |
Bank purpose (Bank of India) Nagaur Branch
(Rajasthan) |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date as on which valuation is made |
06.06.2015 |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Owner name |
Shri Mangalam Auto Private Limited Directors Mr. Mahendra Singh Bhati Mr. Bahadur Singh Bhati |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
It the property is under Joint Ownership/ Co
Ownership Share of each such owner. Are the shares undivided? |
Single Ownership |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Brief description of the property |
Commercial |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Location, Street, Ward No. |
Khasra No. 1479/982, 1478/83, Bikaner Road,
Nagaur, Rajasthan, India |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Survey/Plot No. of Land |
Khasra No. 1479/982, 1478/83, |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Location of Plot at site |
North: Land of Other Khasra South: N.H. 89, Nagaur, Bikaner Road, East: Other land West: land of Mrs. Kesar Devi |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is the property situated in the Residential/
Commercial/ Mixed Area/ Industrial Area? |
Mixed Area |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Classification of Locality – High class/ Middle
Class/ Poor class? |
Middle Class |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Proximity to civic amenities like School,
Hospitals, cinema etc. |
All amenities are available near by |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Means and proximity to surface communication
by the locality is served |
By own vehicle or taxi, public
transportation |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Area of land supported by documentary proof,
shape, dimensions and physical features |
69696.00 Sq. ft. or 6474.88 Sq. Mt. |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is it leasehold, the name of lesser/ lessee,
nature of lease, dates of commencement and termination of lease and terms of
renewal of lease · Initial premium · Ground rent payable per annum · Unearned increase payable to the lesser in the event of sale or transfer |
Municipal Corporation, Nagaur, Rajasthan |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is there any restrictive convenant in regard
to use of land? If so, |
Yes for Commercial Purpose only |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Does the land fall in an area included in
any town planning Scheme or any development plan of Government or any statutory
body? If so, |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Has any contribution been made towards
development or is any contribution been made towards development or is any
demand for such contribution still outstanding? |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Has the whole or part of land been notified
for acquisition by Government or any statutory body? Give date of the
modification |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Furnish technical details of the building on
a separate sheet |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is the building owner-occupied/ tenanted/
both? |
Company taken these land on lease from his
Director Mr. Bahadur Singh Bhati |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
If partly owner-occupied, specify portion
and extent of area under owner-occupation |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
What is the Floor space index permissible
and percentage actually utilized? |
Fully Utilized |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
· Name of tenants/ Lessees etc. · Portions in their occupation · Monthly or annual rent/ compensation/ license fee etc. paid by each · Gross amount received for the whole property |
On Lease |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Are any of the occupants related to or close
business associates of the owner? |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is separate amount being recovered for the use
of fixtures like fans, geysers, refrigerators, cooking ganges, built in
wardrobes etc. or for service charges? If so |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Give details of water and electricity
charges, if any to be borne by the owner |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Has the tenant to bear the whole or part of
the cost of repairs and maintenance? Give particulars |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
If a lift is installed, who has to bear the
cost of maintenance and operation owner or tenant? |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
If a pump is installed, who has to bear the
cost of maintenance and operation owner or tenant? |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Who has to bear the cost of electricity
charges for lighting o common space like entrance hall, stairs, passages and compound
etc. owner or tenant? |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
What is the amount of property tax? Who is
the bear it? Give details with documentary proof. |
Nil |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is the building insured? If so give the policy
no. amount for which it is insured and the annual premium |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Is any dispute between landlord and tenant
regarding rent pending in a court of law? |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Has any standard rent been fixed for the premises
under any law relating to the control of rent? |
No |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Give instances of sales of immovable
property in the locality on a separate sheet, indicating the name and address
of the property registration no. sale price and area of land sold |
No such sale of property has come to notice
in the locality. |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Land rate adopted in this valuation |
D.L.C. Rate Rs. 3000/- per Sq. ft. Market
Rate Rs. 1000/- per Sq. ft. |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
If sale instances are not available or not relied
upon, the basis of arriving at the land rate |
From my own assessment based on prevailing
market rate. |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
Year of commencement of construction and
year of completion |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
What was the method of construction – by contract
/ by employing labour directly/ both? |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
For items of work done on contract |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
For items of work done by engaging labour
directly, give basic rates of materials and labour supported by documentary
proof. |
NA |
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||
|
THE
COST OF THE PROPERTY COMES AS UNDER:
COST
OF ABSTRACT
|
||||||||||||||||||||||||||||||||||||||||||||||||||||
------------------------------------------------------------------------------------------------------------------------------
INDEX OF CHARGES: NO
CHARGES EXIST FOR COMPANY
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. 64.11 |
|
|
1 |
Rs. 100.32 |
|
Euro |
1 |
Rs. 72.17 |
INFORMATION DETAILS
|
Information
Gathered by : |
PPT |
|
|
|
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
BVA |
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.