MIRA INFORM REPORT
|
Report No. : |
312368 |
|
Report Date : |
09.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
ADELINE |
|
|
|
|
Registered
Office : |
104, Mahatma Gandhi Road, Kolkata- 700104, West Bengal |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Year of
establishment : |
01.08.2007 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 33.597 Million |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAOF3541N |
|
|
|
|
Legal Form : |
Partnership Concern with an unlimited liability of the partners |
|
|
|
|
Line of Business
: |
Distributors of Anti-Cancer Drugs. |
|
|
|
|
No. of Employees
: |
17 (Approximately) [In office = 14, In branch = 3] |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (47) |
|
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 is an established partnership concern having satisfactory
track record. 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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2014.
INFORMATION DENIED BY
|
Name : |
Mr. Desmond Kajal Gomes |
|
Designation : |
Partner |
|
Contact No.: |
91-9831041904 |
|
Date : |
20.04.2015 |
LOCATIONS
|
Registered Office : |
104, Mahatma Gandhi Road, Kolkata- 700104, West Bengal, India |
|
Tel. No.: |
91-33-24381374/1376 |
|
Mobile No.: |
91-9831041904 (Mr. Desmond Kajal Gomes) |
|
Fax No.: |
91-33-24530078 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1978 Sq. Ft. |
|
Location : |
Owned |
|
|
|
|
Branches : |
Rishi Tech. Park, B1, Premises No. 02-360, 2nd Floor, Plot
no. DH/6/2, AA-10, New Town, Kolkata – 700156, West Bengal, India |
|
Tel. No.: |
91-33-66120102 |
|
E-Mail : |
|
|
Location : |
Owned |
PARTNER
|
Name : |
Mr. Desmond Kajal Gomes |
|
Designation : |
Partner |
|
Date of Birth: |
29.01.1969 |
|
PAN No.: |
ADTPG4208L |
|
|
|
|
Name : |
Mr. Pearl Gloria Gomes |
|
Designation : |
Partner |
|
Date of Birth: |
09.09.1974 |
|
PAN No.: |
AGHPG6474B |
BUSINESS DETAILS
|
Line of Business : |
Distributors of Anti-Cancer Drugs. |
|
|
|
|
Products : |
Not Available |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
|
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
|
|
Selling : |
Credit (30 Days) |
|
|
|
|
Purchasing : |
Credit (30 Days) |
PRODUCTION STATUS = NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
Wholesalers, Retailers and End Users
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
17 (Approximately) [In office = 14, In branch = 3] |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
|
Auditors : |
|
|
Name : |
Suvankar Halder Chartered Accountants |
|
Address : |
1, Banamali Naskar Road, Behala, Kolkata- 7000060, West, Bengal India |
CAPITAL STRUCTURE
As on 31.03.2014
|
Partners’
capital account |
Amount |
|
|
Mr. Desnond
Kajal Gomes |
|
|
|
Capital Balance as per last accounts |
12.986 |
|
|
Add : Investment |
0.000 |
|
|
Partners Remuneration |
1.620 |
|
|
Interest in Capital |
1.558 |
|
|
Share Profit |
3.556 |
|
|
|
19.520 |
|
|
Less: Drawing |
(3.772) |
15.748 |
|
|
|
|
|
Mrs. Pearl
Gloria Gomes |
|
|
|
Capital Balance as per last accounts |
12.987 |
|
|
Partners Remuneration |
1.620 |
|
|
Interest in Capital |
1.558 |
|
|
Share Profit |
3.356 |
|
|
|
19.521 |
|
|
Less: Drawing |
1.673 |
17.849 |
|
Total |
|
33.597 |
FINANCIAL DATA
[all figures are
in Rupees Millions]
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.213 |
31.03.2012 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partners Capital |
33.597 |
25.974 |
22.403 |
|
|
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 |
33.597 |
25.974 |
22.403 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
22.482 |
11.917 |
12.762 |
|
|
2] Unsecured Loans |
1.600 |
0.000 |
0.000 |
|
|
TOTAL BORROWING |
24.082 |
11.917 |
12.762 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
57.679 |
37.891 |
35.165 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
10.754 |
3.744 |
3.379 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
42.098
|
60.200 |
32.197 |
|
|
Sundry Debtors |
70.941
|
38.339 |
40.267 |
|
|
Cash & Bank Balances |
3.511
|
4.169 |
4.887 |
|
|
Other Current Assets |
14.367
|
10.337 |
8.610 |
|
|
Loans & Advances |
6.838
|
8.437 |
5.655 |
|
Total
Current Assets |
137.755
|
121.482 |
91.616 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.000
|
0.000 |
0.000 |
|
|
Other Current Liabilities |
87.234
|
87.335 |
59.830 |
|
|
Provisions |
3.596
|
0.000 |
0.000 |
|
Total
Current Liabilities |
90.830
|
87.335 |
59.830 |
|
|
Net Current Assets |
46.925
|
34.147 |
31.786 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
57.679 |
37.891 |
35.165 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
732.639 |
585.046 |
483.837 |
|
|
Other Income |
21.657 |
10.230 |
0.447 |
|
|
TOTAL
|
754.296 |
595.276 |
484.284 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
722.869 |
573.613 |
462.246 |
|
|
Advertisement expenses |
0.024 |
0.021 |
0.133 |
|
|
Auditors remuneration |
0.037 |
0.034 |
0.028 |
|
|
Bad debt |
0.031 |
0.000 |
0.000 |
|
|
Bank charges |
0.239 |
0.372 |
0.258 |
|
|
Bank Interest |
2.266 |
1.948 |
2.091 |
|
|
Business Promotion |
0.271 |
0.125 |
0.529 |
|
|
Car Hire Charges |
0.029 |
0.018 |
0.220 |
|
|
Carriage Outward |
0.404 |
0.456 |
0.435 |
|
|
Computer Consumable |
0.065 |
0.086 |
0.086 |
|
|
Consultancy fees |
0.052 |
0.041 |
0.064 |
|
|
discount Allowed |
1.948 |
0.000 |
0.000 |
|
|
Electrical Charges |
0.201 |
0.374 |
0.330 |
|
|
ESI Contribution |
0.017 |
0.000 |
0.000 |
|
|
Entry tax for purchase |
0.849 |
0.713 |
0.000 |
|
|
General charge |
0.002 |
0.023 |
0.499 |
|
|
Generator Expenses |
0.006 |
0.011 |
0.056 |
|
|
Insurance Premium |
0.084 |
0.082 |
0.156 |
|
|
Interest on sales tax and TDS |
0.040 |
0.017 |
0.036 |
|
|
Interest on ESI |
0.037 |
0.000 |
0.000 |
|
|
Interest on term loan |
0.066 |
0.000 |
0.000 |
|
|
Office Expenses |
0.107 |
0.325 |
0.112 |
|
|
Packing and forwarding |
0.385 |
0.149 |
0.195 |
|
|
Printing and Stationery |
0.227 |
0.152 |
0.185 |
|
|
Rates, Tax and License Fees |
0.033 |
0.006 |
0.042 |
|
|
Repair and Maintance |
0.234 |
0.958 |
0.530 |
|
|
Salary and Wages and Bonus |
0.939 |
0.703 |
1.077 |
|
|
Salesman commission |
5.046 |
0.000 |
0.584 |
|
|
Business Promotion |
0.470 |
0.000 |
0.000 |
|
|
Tea and Tiffin |
0.123 |
0.313 |
0.285 |
|
|
Telephone Charges |
0.158 |
0.121 |
0.116 |
|
|
Travelling Expenses |
0.416 |
0.418 |
0.652 |
|
|
Incentives |
0.000 |
0.114 |
0.492 |
|
|
Discount Allowed |
0.000 |
0.633 |
1.165 |
|
|
Subscription and Donation |
0.000 |
0.152 |
0.109 |
|
|
Entertainment allowance |
0.000 |
0.000 |
0.373 |
|
|
Security Charges |
0.000 |
0.000 |
0.066 |
|
|
Postage telegram |
0.000 |
0.000 |
0.003 |
|
|
Legal Expenses |
0.000 |
0.000 |
0.039 |
|
|
discount |
0.000 |
0.000 |
0.318 |
|
|
Partners Remuneration |
3.240 |
0.960 |
0.960 |
|
|
Interest on Capital |
3.117 |
2.688 |
2.038 |
|
|
|
|
|
|
|
|
TOTAL
|
744.032 |
585.626 |
476.508 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
10.264 |
9.650 |
7.776 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATIOV |
0.551 |
0.540 |
0.405 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
9.713 |
9.110 |
7.371 |
|
|
|
|
|
|
|
Less |
TAX (I) |
3.001 |
2.815 |
2.278 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER
TAX |
6.712 |
6.295 |
5.093 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT/Sales) |
(%) |
0.92 |
1.08 |
1.05 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
6.54 |
7.27 |
7.76 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.29 |
0.35 |
0.33 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.72 |
0.46 |
0.57 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.49 |
1.39 |
1.53 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Millions]
DEBT EQUITY RATIO
|
Particular |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Share Capital |
22.403 |
25.974 |
33.597 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Net
worth |
22.403 |
25.974 |
33.597 |
|
|
|
|
|
|
Secured Borrowing |
12.762 |
11.917 |
22.482 |
|
Unsecured Borrowing |
0.000 |
0.000 |
1.600 |
|
Total
borrowings |
12.762 |
11.917 |
24.082 |
|
Debt/Equity
ratio |
0.570 |
0.459 |
0.717 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
483.837 |
585.046 |
732.639 |
|
|
|
20.918 |
25.228 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Millions) |
(Rs.
In Millions) |
(Rs.
In Millions) |
|
Sales |
483.837 |
585.046 |
732.639 |
|
Profit |
5.093 |
6.295 |
6.712 |
|
|
1.05% |
1.08% |
0.92% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of Establishment |
Yes |
|
2] |
Locality of the firm |
Yes |
|
3] |
Constitutions of the firm |
Yes |
|
4] |
Premises details |
Yes |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
No |
|
8] |
No. of employees |
Yes |
|
9] |
Name of person contacted |
Yes |
|
10] |
Designation of contact
person |
Yes |
|
11] |
Turnover of firm for last
three years |
Yes |
|
12] |
Profitability for last
three years |
Yes |
|
13] |
Reasons for variation
<> 20% |
---------------------- |
|
14] |
Estimation for coming
financial year |
No |
|
15] |
Capital in the business |
Yes |
|
16] |
Details of sister
concerns |
No |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
Yes |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
---------------------- |
|
22] |
Litigations that the firm
/ promoter involved in |
---------------------- |
|
23] |
Banking Details |
Yes |
|
24] |
Banking facility details |
Yes |
|
25] |
Conduct of the banking
account |
---------------------- |
|
26] |
Buyer visit details |
---------------------- |
|
27] |
Financials, if provided |
Yes |
|
28] |
Incorporation details, if
applicable |
No |
|
29] |
Last accounts filed at
ROC |
No |
|
30] |
Major Shareholders, if
available |
No |
|
31] |
Date of Birth of
Proprietor/Partner/Director, if available |
Yes |
|
32] |
PAN of
Proprietor/Partner/Director, if available |
Yes |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
Trade Reference
- Bellevue Clinic
10,U.N. Brahmachari Street, Kolkata 700014
Tel No.: 91-33-22804624/22877876 (M. Eric
Rebeiro)
- Appolo Hospitals Enterprise Limited
R.G.M/3/284 Block:A,PS-Airport,
PO-R/Gopalpur, 24 Parganas(S) 700135.
Tel No. : 91-9831444128 (Dr. S.S. Reddy)
- Fortis Hospital Limited
730 Anandapur, EM Bypass Kolkata 700107
Tel no.: 91-8585030444
- Medica Hospital Private Limited
127, Mukundapur E.M. By Pass Kolkata 700099
Tel No.: 91-66520000/9230085814 (Mr. Amitava
Nand)
FIXED ASSETS
- Air Condition
- Cold Storage
- Collapsible Gate
- Computer
- Deep Tubewell
- Electrical Installation
- Furniture and Fixture
- Generator
- Godown
- Pump Set
- Refrigerator
- Telephone Set
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 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.63.88 |
|
|
1 |
Rs.97.20 |
|
Euro |
1 |
Rs.72.51 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
SAN |
|
|
|
|
Report Prepared
by : |
ART |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
6 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
1~10 |
6 |
|
--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 |
|
47 |
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.