MIRA INFORM REPORT
|
Report No. : |
321957 |
|
Report Date : |
13.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
MASCOM ELECTRONICS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
406 B, Byculla Service Industrial Estate, Dadoji Kondeo Marg, Byculla, Mumbai
- 400027, Maharashtra |
|
Tel. No.: |
91-22-40295200 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
14.04.1988 |
|
|
|
|
Com. Reg. No.: |
11-047016 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 1.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72100MH1988PTC047016 |
|
|
|
|
IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
MUMM19847C |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACM3667J |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Providing IT Services and related products. |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (41) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 35000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
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|
Litigation : |
Exist |
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Comments : |
Subject is an established company having satisfactory track record. The management has reported 40% increase in its turnover and it has
fair profit margin during FY2014. Available information indicates below
average liquidity position of the company marked by unfavorable gap between
trade receivables and payables. However, trade relations are reported to be fair. Business is active.
Payments are reported to be slow but correct. Subject 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 DECLINED
MANAGEMENT NON-COOPERATIVE
[CONTACT NO.: 91-22-23723134/ 40295200]
LOCATIONS
|
Registered/ Head Office : |
406 B, Byculla Service Industrial Estate, Dadoji Kondeo Marg, Byculla, Mumbai
- 400027, Maharashtra, India |
|
Tel. No.: |
91-22-40295200 |
|
Fax No.: |
91-22-23780059 |
|
E-Mail : |
|
|
Website : |
|
|
|
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Branch Office : |
Survey No. 28/1, Old Nagar, Mundhva Road, Kharadi, Pune, Maharashtra, India |
|
E-Mail : |
DIRECTORS
AS ON 29.09.2014
|
Name : |
Huned Mohsin Karwa |
|
Designation : |
Director |
|
Address : |
C-601, Veena Beena Apartments, Sewree, Mumbai – 400015, Maharashtra, India |
|
Date of Appointment : |
14.08.1988 |
|
DIN No.: |
00672355 |
|
|
|
|
Name : |
Munira Huned Karwa |
|
Designation : |
Director |
|
Address : |
C-601, Veena Beena Apartments, Sewree, Mumbai – 400015, Maharashtra, India |
|
Date of Appointment : |
16.09.1992 |
|
DIN No.: |
00672310 |
|
|
|
|
Name : |
Aliasgar Huned Karwa |
|
Designation : |
Director |
|
Address : |
C-601, Veena Beena Apartments, Sewree, Mumbai – 400015, Maharashtra, India |
|
Date of Appointment : |
01.03.2008 |
|
DIN No.: |
00672269 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 29.09.2014
|
Names of Shareholders |
No. of Shares |
Percentage of Holding |
|
Huned
Karwa |
7150 |
47.67 |
|
Aliasgar
Karwa |
4850 |
32.33 |
|
Munira
Karwa |
3000 |
20.00 |
|
|
|
|
|
Total |
15000 |
100.00 |
AS ON 29.09.2014
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Directors
or relatives of directors |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing IT Services and related products. |
|
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|
Brand Names : |
-- |
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Agencies Held : |
-- |
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Exports : |
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Products : |
Not Divulged |
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Countries : |
Not Divulged |
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Imports : |
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Products : |
Not Divulged |
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Countries : |
Not Divulged |
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Terms : |
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Selling : |
Not Divulged |
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|
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Purchasing : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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||||||||||||||||||||||
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Customers : |
·
National Oilwell
Varco India ·
Air India ·
Johnson and
Johnson Limited ·
Hindustan
Petroleum Corp Limited ·
ASB
International ·
Raheja Group of
Companies |
||||||||||||||||||||||
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|
||||||||||||||||||||||
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No. of Employees : |
Not Divulged |
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Bankers : |
·
Bombay Mercantile Co-Operative Bank Limited 78 , Mohamed Ali Road, Mumbai, Mumbai - 400003,
Maharashtra, India |
||||||||||||||||||||||
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Facilities : |
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|
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Banking
Relations : |
-- |
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|
|
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Auditors : |
|
|
Name : |
Rajesh Ratilal Shah and Company Chartered Accountants |
|
Address : |
4/69, Sneha Chaitanya CHS Vakola Bridge, Nehru Road,
Santacruz (East), Mumbai – 400055, Maharashtra, India |
|
Tel. No.: |
91-22-26682826/ 4340 |
|
E-Mail : |
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Income-tax
PAN of auditor or auditor's firm : |
AAMPS8173Q |
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Memberships : |
-- |
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Collaborators : |
-- |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20,000 |
Equity Shares |
Rs. 100/- each |
Rs. 2.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15,000 |
Equity Shares |
Rs. 100/- each |
Rs. 1.500 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 |
1.500 |
1.500 |
1.500 |
|
(b) Reserves & Surplus |
10.904 |
8.062 |
6.393 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share
Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
12.404 |
9.562 |
7.893 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
3.116 |
8.941 |
9.719 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c)
Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d)
long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
3.116 |
8.941 |
9.719 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b)
Trade payables |
25.010 |
20.946 |
29.688 |
|
(c)
Other current liabilities |
3.609 |
3.414 |
2.821 |
|
(d)
Short-term provisions |
2.865 |
1.930 |
1.229 |
|
Total
Current Liabilities (4) |
31.484 |
26.290 |
33.738 |
|
|
|
|
|
|
TOTAL |
47.004 |
44.793 |
51.350 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
11.374 |
1.455 |
1.535 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
17.325 |
25.538 |
22.311 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan
and Advances |
0.633 |
0.597 |
0.481 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
29.332 |
27.590 |
24.327 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
1.084 |
1.013 |
4.555 |
|
(c)
Trade receivables |
11.918 |
13.321 |
19.432 |
|
(d)
Cash and cash equivalents |
0.606 |
0.175 |
0.901 |
|
(e)
Short-term loans and advances |
1.428 |
1.287 |
1.330 |
|
(f)
Other current assets |
2.636 |
1.407 |
0.805 |
|
Total
Current Assets |
17.672 |
17.203 |
27.023 |
|
|
|
|
|
|
TOTAL |
47.004 |
44.793 |
51.350 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
141.302 |
102.782 |
124.744 |
|
|
|
Other Income |
4.638 |
3.166 |
2.299 |
|
|
|
TOTAL |
145.940 |
105.948 |
127.043 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases of Stock-in-Trade |
127.241 |
86.304 |
114.873 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
-0.071 |
3.542 |
-2.089 |
|
|
|
Employees benefits expense |
8.967 |
8.116 |
4.941 |
|
|
|
Other expenses |
5.496 |
5.439 |
6.512 |
|
|
|
TOTAL |
141.633 |
103.401 |
124.237 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
4.307 |
2.547 |
2.806 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.164 |
0.171 |
0.340 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
4.143 |
2.376 |
2.466 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
1.300 |
0.708 |
0.790 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
2.843 |
1.668 |
1.676 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
189.50 |
111.23 |
111.73 |
|
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT/Sales) |
(%) |
2.01 |
1.62 |
1.34 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
13.96 |
12.34 |
8.49 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.33 |
0.25 |
0.31 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
0.25 |
0.94 |
1.23 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.56 |
0.65 |
0.80 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particulars |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Share Capital |
1.500 |
1.500 |
1.500 |
|
Reserves & Surplus |
6.393 |
8.062 |
10.904 |
|
Net
worth |
7.893 |
9.562 |
12.404 |
|
|
|
|
|
|
Long-term borrowings |
9.719 |
8.941 |
3.116 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
9.719 |
8.941 |
3.116 |
|
Debt/Equity
ratio |
1.231 |
0.935 |
0.251 |
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 |
124.744 |
102.782 |
141.302 |
|
|
|
(17.606) |
37.477 |
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 |
124.744 |
102.782 |
141.302 |
|
Profit |
1.676 |
1.668 |
2.843 |
|
|
1.34% |
1.62% |
2.01% |
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 |
No |
|
9] |
Name of person contacted |
No |
|
10] |
Designation of contact
person |
No |
|
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 |
No |
|
18] |
Major customers |
No |
|
19] |
Payments terms |
No |
|
20] |
Export / Import details
(if applicable) |
No |
|
21] |
Market information |
-- |
|
22] |
Litigations that the firm
/ promoter involved in |
Yes |
|
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 |
Yes |
|
29] |
Last accounts filed at
ROC |
Yes |
|
30] |
Major Shareholders, if
available |
Yes |
|
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 |
LITIGATION
DETAILS
|
Case Details Bench: Bombay |
|
Lodging No.:
SL/1253/2011 Filling
Date: 30.04.2011 Reg. No.: S/1274/2011 Reg.
Date: 09.06.2011 |
|
|
|
Petitioner: KORES (INDIA)
LTD.
Respondent: MASCOM
ELECTRONICS PVT LTD Petn. Adv.: MOHANKUMAR K.
(0) Resp. Adv.: SHABBIR T. KAPADIA (0) District: MUMBAI |
|
Bench: SINGLE Status:
Transferred
Category: Other Money Suits
Transfer Date: 03.10.2012 Remark: Transferred to Civil Court |
|
Act: Code of Civil
Procedure 1908 |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
|
1 |
10134126 |
20/11/2008 |
7,500,000.00 |
BOMBAY MERCANTILE
CO-OPERATIVE BANK LIMITED |
78, MOHAMEDALI
ROAD, MUMBAI, MUMBAI, MAHARASHTRA - 400003, INDIA |
A52902129 |
UNSECURED LOANS
|
PARTICULARS |
31.03.2014 (Rs.
In Million) |
31.03.2013 (Rs.
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
From Directors |
2.142 |
3.243 |
|
|
|
|
|
Total |
2.142 |
3.243 |
TURNOVER
The Turnover of the company during the year ended has been Rs. 141.302 Million
turnover is entirely due to special efforts made by the directors despite of
keen completion in market and various problem in procuring goods and inflation
in prices of the goods.
FIXED ASSETS:
· Plant and Machinery
· Furniture and Fixtures
· Office Equipment
· Capital Expenditure
· Type Writer
· Motor Car
· Computer
· Office Premises
· Air Condition (Panas
· Mobile (Galaxy SIII)
· Purchase of Premises
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. 64.20 |
|
|
1 |
Rs. 100.03 |
|
Euro |
1 |
Rs. 71.91 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
SUM |
|
|
|
|
Report Prepared
by : |
BVA |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILITY |
1~10 |
4 |
|
--LIQUIDITY |
1~10 |
4 |
|
--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 |
YES |
|
--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 |
|
41 |
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.