MIRA INFORM REPORT
|
Report No. : |
312421 |
|
Report Date : |
11.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
PHARMA DISTRIBUTORS |
|
|
|
|
Registered
Office : |
Basement “Aftab Palace”, Vakeel Street, Shahpore, Surat – 395003,
Gujarat |
|
|
|
|
Tel. No.: |
91-261-2452680 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Year of
Establishment : |
12.04.2002 |
|
|
|
|
Capital Investment
: |
Rs. 23.139 Million |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAFFP4246E |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Distributor of Medicines. |
|
|
|
|
No. of Employees
: |
15 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (45) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established partnership concern having a satisfactory
track record. For the financial year ended 2014, the concern has reported sound
operational performance and it has fair profitability margins. Rating also takes into consideration concerns established track record
of business operations and extensive industry experience of its partners. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. The concern can be considered for business dealings at usual trade
terms and conditions. |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – 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
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 PARTED BY
|
Name : |
Mr. Pareshkumar Manubhai Nakrani |
|
Designation : |
Partner |
|
Contact No.: |
91-261-2452680 |
|
Date : |
06.05.2015 |
LOCATIONS
|
Registered Office : |
Basement “Aftab Palace”, Vakeel Street, Shahpore, Surat – 395003,
Gujarat |
|
Tel. No.: |
91-261-2452680 |
|
Mobile No.: |
91-8758332498/ 9998946793 (Mr. Pareshkumar Manubhai Nakrani) |
|
Fax No.: |
91-261-2454585 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
1900 Sq. Ft. |
|
Location : |
Owned |
PARTNERS
|
Name : |
Mr. Pareshkumar Manubhai Nakrani |
|
Designation : |
Partner |
|
Address : |
21, Narmad Nagar, Turava Compound, Behind Sarthi Complex, Hirabaug, Varachha Road, Surat - 395006, Gujarat, India |
|
Date of Birth/Age : |
01.06.1977 |
|
Qualification : |
D. Pharmacy |
|
|
|
|
Name : |
Mrs. Shobhanaben Rameshbhai Nakrani |
|
Designation : |
Partner |
|
Address : |
39, Shree Ram Nagar, Hira Baug Circle, Varachha Road, Surat – 395006, Gujarat, India |
|
|
|
|
Name : |
Mr. Piyushkumar Bhikhabhai Nakrani |
|
Designation : |
Partner |
|
Address : |
21, Narmad Nagar, Turava Compound, Behind Sarthi Complex, Hirabaug, Varachha Road, Surat - 395006, Gujarat, India |
|
Date of Birth/Age : |
25.04.1980 |
|
Qualification : |
D. Pharmacy |
|
|
|
|
Name : |
Mr. Manubhai Hardasbhai Nakrani |
|
Designation : |
Partner |
|
Address : |
21, Narmad Nagar, Turava Compound, Behind Sarthi Complex, Hirabaug, Varachha Road, Surat - 395006, Gujarat, India |
|
|
|
|
Name : |
Mrs. Bharatiben Piyushbhai Nakrani |
|
Designation : |
Partner |
|
Address : |
21, Narmad Nagar, Turava Compound, Behind Sarthi Complex, Hirabaug, Varachha Road, Surat - 395006, Gujarat, India |
|
|
|
|
Name : |
Mrs. Bhavnaben Bharatbhai Nakrani |
|
Designation : |
Partner |
|
Address : |
39, Shree Ram Nagar, Hira Baug Circle, Varachha Road, Surat – 395006, Gujarat, India |
BUSINESS DETAILS
|
Line of Business : |
Distributor of Medicines. |
|
|
|
|
Products : |
Medicines |
|
|
|
|
Brand Names : |
-- |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
-- |
|
|
|
|
Imports : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
Cash and Credit |
|
|
|
|
Purchasing : |
Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
Wholesalers and Retailers
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
15 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
|
||||||||||||||||||||||
|
Banking
Relations : |
-- |
|
|
|
|
Auditors : |
|
|
Name : |
Shah Gopani and Associates Chartered Accountants |
|
Mobile No.: |
91-9377518181 |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Sister Concerns: |
Krishna Medical Agencies |
CAPITAL STRUCTURE
AS ON 31.03.2014
(RS. IN MILLION)
|
NAME OF PARTNER |
AMOUNT
|
|
Bharatiben Piyushbhai Nakrani |
2.594 |
|
Bhavnaben Bharatbhai Nakrani |
2.925 |
|
Manubhai Hardasbhai Nakrani |
5.732 |
|
Pareshkumar Manubhai Nakrani |
5.009 |
|
Piyushkumar Bhikhabhai Nakrani |
4.148 |
|
Shobhanaben Rameshbhai Nakrani |
2.731 |
|
Total |
23.139 |
FINANCIAL DATA
[all figures are
in Rupees Million]
Note: Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
ABRIDGED BALANCE
SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partners Capital |
23.139 |
18.223 |
15.851 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Profit and Loss Account |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Loss |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
23.139 |
18.223 |
15.851 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
4.872 |
4.614 |
2.226 |
|
|
2] Unsecured Loans |
0.761 |
1.012 |
1.012 |
|
|
TOTAL BORROWING |
5.633 |
5.626 |
3.238 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
28.772 |
23.849 |
19.089 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
0.320 |
0.407 |
0.254 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.078 |
0.078 |
0.078 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
28.230
|
18.523 |
15.198 |
|
|
Sundry Debtors |
12.772
|
16.897 |
16.103 |
|
|
Cash & Bank Balances |
0.853
|
2.263 |
0.613 |
|
|
Other Current Assets |
0.000
|
0.000 |
0.000 |
|
|
Loans & Advances |
0.356
|
0.329 |
0.266 |
|
Total
Current Assets |
42.211
|
38.012 |
32.180 |
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
13.629
|
14.173 |
12.634 |
|
|
Other Current Liabilities |
0.000
|
0.000 |
0.000 |
|
|
Provisions |
0.208
|
0.475 |
0.789 |
|
Total
Current Liabilities |
13.837
|
14.648 |
13.423 |
|
|
Net Current Assets |
28.374
|
23.364 |
18.757 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
28.772 |
23.849 |
19.089 |
|
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
190.830 |
189.977 |
164.939 |
|
|
|
Other Income |
0.021 |
9.647 |
8.180 |
|
|
|
TOTAL |
190.851 |
199.624 |
173.119 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
181.884 |
181.298 |
156.526 |
|
|
|
Accountant Salary Expenses |
0.061 |
0.083 |
0.063 |
|
|
|
Advocate Fees |
0.012 |
0.010 |
0.006 |
|
|
|
Audit Fees |
0.015 |
0.016 |
0.000 |
|
|
|
Bank CC Interest |
0.534 |
0.342 |
0.329 |
|
|
|
Interest on Partner’s Capital |
2.328 |
1.879 |
1.467 |
|
|
|
Interest on VAT |
0.000 |
0.002 |
0.000 |
|
|
|
Bank Charges |
0.021 |
0.094 |
0.028 |
|
|
|
Bank Commission |
0.016 |
0.000 |
0.009 |
|
|
|
Conveyance Expense |
0.140 |
0.119 |
0.106 |
|
|
|
Electric Bill A/c |
0.061 |
0.055 |
0.050 |
|
|
|
Insurance Premium Expense |
0.016 |
0.012 |
0.014 |
|
|
|
Miscellaneous Expense |
0.144 |
0.120 |
0.106 |
|
|
|
Mobile-Phone Bill Expense |
0.003 |
0.003 |
0.004 |
|
|
|
Office Expenses |
0.106 |
0.099 |
0.067 |
|
|
|
Other VAT Expense |
0.017 |
0.000 |
0.000 |
|
|
|
Partners Remuneration |
0.600 |
0.920 |
1.100 |
|
|
|
Professional Tax |
0.003 |
0.000 |
0.002 |
|
|
|
Municipal Tax |
0.000 |
0.012 |
0.009 |
|
|
|
Salaries |
3.480 |
3.450 |
3.576 |
|
|
|
Stationery and Printing Expense |
0.013 |
0.044 |
0.033 |
|
|
|
Surat Chemist and Druggist Asso. |
0.002 |
0.000 |
0.000 |
|
|
|
Travelling Expense |
0.153 |
0.133 |
0.120 |
|
|
|
Vatav Kasar |
0.123 |
0.000 |
0.050 |
|
|
|
Vehicle Expense |
0.162 |
0.129 |
0.076 |
|
|
|
Other Expenses |
0.000 |
9.964 |
8.736 |
|
|
|
TOTAL |
189.894 |
198.784 |
172.477 |
|
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
0.957 |
0.840 |
0.642 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.087 |
0.085 |
0.045 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT/ (LOSS) |
0.870 |
0.755 |
0.597 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT/Sales) |
(%) |
0.46 |
0.40 |
0.36 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.05
|
1.97 |
1.84 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.04
|
0.04
|
0.04 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.24
|
0.31
|
0.20 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
3.05
|
2.66
|
2.40 |
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) |
|
Partners Capital |
15.851 |
18.223 |
23.139 |
|
Profit and Loss Account |
0.000 |
0.000 |
0.000 |
|
Net
worth |
15.851 |
18.223 |
23.139 |
|
|
|
|
|
|
Secured Loans |
2.226 |
4.614 |
4.872 |
|
Unsecured Loans |
1.012 |
1.012 |
0.761 |
|
Total
borrowings |
3.238 |
5.626 |
5.633 |
|
Debt/Equity
Ratio |
0.204 |
0.309 |
0.243 |
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 |
164.939 |
189.977 |
190.830 |
|
|
|
15.180 |
0.449 |
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 |
164.939 |
189.977 |
190.830 |
|
Profit |
0.597 |
0.755 |
0.870 |
|
|
0.36% |
0.40% |
0.46% |
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 |
No |
|
5] |
Type of Business |
Yes |
|
6] |
Line of Business |
Yes |
|
7] |
Promoter's background |
Yes |
|
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 |
Yes |
|
17] |
Major suppliers |
Yes |
|
18] |
Major customers |
Yes |
|
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 |
Yes |
|
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 |
No |
|
33] |
Voter ID No of
Proprietor/Partner/Director, if available |
No |
|
34] |
External Agency Rating,
if available |
No |
------------------------------------------------------------------------------------------------------------------------------
UNSECURED LOAN
(RS. IN MILLION)
|
PARTICULAR |
31.03.2014 (Rs.
In Million) |
31.03.2013 (Rs.
In Million) |
|
Umeshkumar Manubhai Nakrani |
0.761 |
1.012 |
|
Total |
0.761 |
1.012 |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MRS. SHOBHANABEN RAMESHBHAI NAKRANI
(RS. IN MILLION)
(AS ON 31.03.2014)
|
LIABILITIES |
AMOUNT |
ASSETS |
AMOUNT |
|
|
|
|
|
|
CAPITAL
ACCOUNT |
|
FIXED
ASSETS |
|
|
Shobhaben Rameshbhai Nakrani |
3.075 -------- |
Plot No. 32 at Nilkanth Joint |
0.618 |
|
|
3.075 |
Tailoring Machine |
0.002 -------- |
|
|
|
|
0.620 |
|
UNSECURED
LOANS |
|
|
|
|
Aratiben Vijaykumar Butani |
0.035 |
INVESTMENTS |
|
|
Devjibhai Kanjibhai |
0.064 |
DLF (100) |
0.055 |
|
Friends and Relatives |
0.175 |
Sarvodaya Bank (Share) |
0.000 |
|
Vijaykujmar Hansraj Butani |
0.200 -------- |
Shiva Pigments Private Limited |
0.061 |
|
|
0.474 |
Share Investment Books |
0.065 -------- |
|
|
|
|
0.181 |
|
|
|
|
|
|
|
|
SUNDRY
DEBTORS |
|
|
|
|
Angel Broking Limited |
0.000 -------- |
|
|
|
|
0.000 |
|
|
|
|
|
|
|
|
LOANS AND
ADVANCES |
|
|
|
|
Pharma Distributors |
2.731 -------- |
|
|
|
|
2.731 |
|
|
|
|
|
|
|
|
BANK
ACCOUNT |
|
|
|
|
Sarvodaya Bank (SB-9488) |
0.003 -------- |
|
|
|
|
0.003 |
|
|
|
CASH |
|
|
|
|
Cash Book A/c |
0.014 -------- |
|
|
|
|
0.014 |
|
|
|
|
|
|
TOTAL |
3.549 |
TOTAL |
3.549 |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MR. PIYUSH BHIKHABHAI NAKRANI
(RS. IN MILLION)
(AS ON 31.03.2014)
|
LIABILITIES |
AMOUNT |
ASSETS |
AMOUNT |
|
|
|
|
|
|
CAPITAL
ACCOUNT |
|
FIXED
ASSETS |
|
|
Piyush Bhikhabhai Nakrani |
3.593 -------- |
Hero – Honda (Passion) |
0.049 |
|
|
3.593 |
Motor Car Accent |
0.320 ------- |
|
|
|
|
0.369 |
|
UNSECURED
LOANS |
|
|
|
|
Aratiben Vijaykumar Butani |
0.150 |
INVESTMENTS |
|
|
Bhikhubhai Hardasbhai Nakrani |
0.047 |
Sarvodaya Bank (Share) |
0.000 ------- |
|
Dineshbhai Khodabhai Hirpara |
0.200 |
|
0.000 |
|
Friends and Relatives |
0.550 -------- |
|
|
|
|
0.947 |
LOANS AND
ADVANCES |
|
|
|
|
Pharma Distributors |
4.148 ------- |
|
|
|
|
4.148 |
|
|
|
|
|
|
|
|
BANK
ACCOUNT |
|
|
|
|
Sarvodaya Bank (SB-9427) |
0.007 ------- |
|
|
|
|
0.007 |
|
|
|
|
|
|
|
|
CASH |
|
|
|
|
Cash Book |
0.016 ------- |
|
|
|
|
0.016 |
|
|
|
|
|
|
Total |
4.540 |
Total |
4.540 |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MR. MANUBHAI HARDASBHAI NAKRANI
(RS. IN MILLION)
(AS ON 31.03.2014)
|
LIABILITIES |
AMOUNT |
ASSETS |
AMOUNT |
|
|
|
|
|
|
CAPITAL ACCOUNT |
|
FIXED ASSETS |
|
|
Manubhai Hardasbhai Nakrani |
5.519 -------- |
Agriculture Land |
0.030 |
|
|
5.519 |
Agriculture Tools |
0.019 |
|
|
|
Vehicle (Platina) |
0.037 |
|
UNSECURED LOANS |
|
|
-------- 0.086 |
|
Animesh Bhupendrabhai Joshi |
0.035 |
|
|
|
Friends and Relatives |
0.300 |
INVESTMENTS |
|
|
Vijaykumar Hansraj Butani |
0.050 -------- |
Sarvodaya Bank (Share) |
0.000 -------- |
|
|
0.385 |
|
0.000 |
|
|
|
|
|
|
|
|
LOANS AND ADVANCES |
|
|
|
|
Pharma Distributors |
5.732 |
|
|
|
Rameshbhai Devchandbhai NAKR |
0.055 -------- |
|
|
|
|
5.787 |
|
|
|
|
|
|
|
|
BANK ACCOUNT |
|
|
|
|
Sarvodaya Bank (SB-7542) |
0.001 -------- |
|
|
|
|
0.001 |
|
|
|
|
|
|
|
|
CASH |
|
|
|
|
Cash Book A/c |
0.030 -------- |
|
|
|
|
0.030 |
|
|
|
|
|
|
Total |
5.904 |
Total |
5.904 |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MRS. BHARATIBEN PIYUSHBHAI NAKRANI
(RS. IN MILLION)
(AS ON 31.03.2014)
|
LIABILITIES |
AMOUNT |
ASSETS |
AMOUNT |
|
|
|
|
|
|
CAPITAL ACCOUNT |
|
FIXED ASSETS |
|
|
Bharatiben Piyushbhai Nakrani |
1.673 -------- |
Furniture and Fixtures |
0.021 |
|
|
1.673 |
Gold Ornaments |
0.031 -------- |
|
|
|
|
0.052 |
|
LOANS (LIABILITY) |
|
|
|
|
Unsecured Loans |
0.300 |
|
|
|
Bhikhubhai Hardasbhai Nakrani |
0.300 |
INVESTMENTS |
|
|
Kantaben Bhikhubhai Nakrani |
0.150 |
Share Investments |
0.042 -------- |
|
Vishal Bhikhubhai Nakrani |
0.300 -------- |
|
0.042 |
|
|
1.050 |
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
Closing Stock |
0.000 |
|
|
|
Cash-in-Hand |
0.019 |
|
|
|
Bank Accounts |
0.016 -------- |
|
|
|
|
0.035 |
|
|
|
|
|
|
|
|
INVESTMENT IN FIRM |
|
|
|
|
Pharma Distributors |
2.594 -------- |
|
|
|
|
2.594 |
|
|
|
|
|
|
Total |
2.723 |
Total |
2.723 |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MRS. BHAVNABEN BHARATBHAI NAKRANI
(RS. IN MILLION)
(AS ON 31.03.2014)
|
LIABILITIES |
AMOUNT |
ASSETS |
AMOUNT |
|
|
|
|
|
|
CAPITAL ACCOUNT |
|
FIXED ASSETS |
|
|
Bhavnaben Bharatbhai Nakrani |
3.435 -------- |
Plot No. 32 at Nilkanth Joint |
0.618 -------- |
|
|
3.435 |
|
0.618 |
|
|
|
|
|
|
UNSECURED LOANS |
|
INVESTMENTS |
|
|
Champaben Devchandbhai Nakra |
0.100 |
DLF (100) |
0.055 |
|
Friends and Relatives |
0.151 |
Reliance Power (160) |
0.035 |
|
Mukeshbhai Labhubhai Dhanani |
0.098 |
Sarvodaya Bank (Share) |
0.000 |
|
Pankaj Sinha |
0.050 |
Shiva Pigments Private Limited |
0.061 -------- |
|
Vijaykumar Hansraj Butani |
0.200 -------- |
|
0.151 |
|
|
0.599 |
|
|
|
|
|
LOANS AND ADVANCES |
|
|
|
|
Pharma Distributors |
2.925 |
|
|
|
Radhakrish Distributors |
0.319 -------- |
|
|
|
|
3.244 |
|
|
|
|
|
|
|
|
BANK ACCOUNT |
|
|
|
|
Sarvodaya Bank (SB-9489) |
0.007 ------- |
|
|
|
|
0.007 |
|
|
|
|
|
|
|
|
CASH |
|
|
|
|
Cash Book A/c |
0.014 ------- |
|
|
|
|
0.014 |
|
|
|
|
|
|
Total |
4.034 |
Total |
4.034 |
------------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MR. PARESHKUMAR MANUBHAI NAKRANI
(RS. IN MILLION)
(AS ON 31.03.2014)
|
LIABILITIES |
AMOUNT |
ASSETS |
AMOUNT |
|
|
|
|
|
|
CAPITAL ACCOUNT |
|
FIXED ASSETS |
|
|
Pareshkumar Manubhai Nakrani |
4.617 -------- |
Flat at Aftabpalace M/2 50% |
0.077 |
|
|
4.617 |
Laptop Computer A/c |
0.017 |
|
|
|
Plot No. 128 at Mamtapark-3 |
0.850 |
|
LOANS (LIABILITY) |
|
Vehicle (Bajaj-CT) |
0.038 |
|
Unsecured Loans |
0.550 |
Vehicle (Hero-Passion) |
0.047 -------- |
|
Aratiben Vijaykumar Butani |
0.150 |
|
1.029 |
|
Mukeshbhai Bhalala |
0.200 |
|
|
|
Parulben Umeshbhai Nakrani |
0.019 |
INVESTMENTS |
|
|
Prakashbhai Manubhai Hirpara |
0.500 |
Ballary Steel (Shr-500) |
0.002 |
|
Sagunaben Pareshkumar Nakrani |
0.300 -------- |
Himachal Future (Shr-400) |
0.019 |
|
|
1.719 |
IDBI (Shr-50) |
0.009 |
|
|
|
Indokem (Shr-500) |
0.004 |
|
|
|
Jai Corp (Shr-10) |
0.012 |
|
|
|
Morepen Lab (Shr-100) |
0.003 |
|
|
|
NTPC (Shr-35) |
0.006 |
|
|
|
Reliance Ind (Shr-24) |
0.037 |
|
|
|
Reliance Power (Shr-317) |
0.065 |
|
|
|
Sarvodaya Sahkari Bank (Shr) |
0.000 |
|
|
|
Suzlon Energy (Shr-300) |
0.021 |
|
|
|
Tata Teleservice (Shr-1000) |
0.041 |
|
|
|
Walchandnagar (Shr-50) |
0.032 -------- |
|
|
|
|
0.251 |
|
|
|
|
|
|
|
|
CURRENT ASSETS |
|
|
|
|
Closing Stock |
0.000 |
|
|
|
Sundry Debtors |
0.000 |
|
|
|
Cash-in-Hand |
0.042 |
|
|
|
Bank Accounts |
0.005 -------- |
|
|
|
|
0.047 |
|
|
|
INVESTMENT IN FIRM |
|
|
|
|
Pharma Distributors |
5.009 -------- |
|
|
|
|
5.009 |
|
|
|
|
|
|
Total |
6.336 |
Total |
6.336 |
------------------------------------------------------------------------------------------------------------------------------
FIXED ASSETS
· Air Conditioner
· Fridge
· Fan
· T.V. Set
· Shop
· Furniture and Fixture
· Computer
· Cycle
· Camera
------------------------------------------------------------------------------------------------------------------------------
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 records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper payments
to government officials for engaging in prohibited transactions or with
designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
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. 64.05 |
|
|
1 |
Rs. 99.04 |
|
Euro |
1 |
Rs. 71.76 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
MRI |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
5 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
45 |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.