MIRA INFORM REPORT

 

 

Report No. :

322360

Report Date :

15.05.2015

 

IDENTIFICATION DETAILS

 

Name :

APURUPA DT INFRA LLP

 

 

Registered Office :

H.No. 6-3-345/1/2, Flat No. 401, Apurupa Classic, Road No. 1, Banjara Hills, Hyderabad – 500034, Telangana

Mobile No.:

91-9848032583 (Mr. Rajnish Agarwal)

 

 

Country :

India

 

 

Financials (as on) :

Not Available

 

 

Date of Incorporation :

02.09.2013

 

 

LLPIN:

AAB-7389

 

 

Total Obligation of  Contribution:

Rs. 45.000 Million

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

Not Available

 

 

PAN No.:

[Permanent Account No.]

Not Available

 

 

Legal Form :

Limited Liability Partnership

 

 

Line of Business :

To Carry on the business of developer of property, promoters of schemes of housing and/or flats, residential or commercial apartments, malls, land, land development and layout schemes, dealing in real estate business and undertaking all types of construction activities and such other activities which may be advantageously combined with the business.

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B (27)

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Relatively New

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a relatively new limited liability partnership concern.

 

The management has failed to file financials with government since its inception.

 

However, business is active. Payment terms are unknown.

 

The company can be considered for the business dealings with safe and secured terms.

 

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 DECLINED BY

 

Name :

Mr. Rajnish Agarwal

Designation :

Not Divulged

Contact No.:

91-9848032583

Date :

14.05.2015

 

 

LOCATIONS

 

 

Registered Office :

H.No. 6-3-345/1/2, Flat No. 401, Apurupa Classic, Road No. 1, Banjara Hills, Hyderabad – 500034, Telangana, India

Tel. No.:

Not Available

Mobile No.:

91-9848032583 (Mr. Rajnish Agarwal)

Fax No.:

Not Available

E-Mail :

vivek@dukesindia.com

 

 

PARTNERS

 

 

Name :

Mr. Samarth Agarwal

Designation :

Designated Partner

Address :

H.No. 8-2-293/82/NG/1, Plot No 1, Nandagiri Hills, Huda Layout, Jubilee Hills, Hyderabad – 500033, Telangana, India

Date of Birth/Age :

27.05.1985

Date of Appointment :

02.09.2013

DPIN No.:

03204006

Other Directorship:

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U63023TG2004PLC042812

DUKES PRODUCTS (INDIA) LIMITED

Director

01-04-10

01-04-10

-

Active

NO

2

U15400TG1995PTC090636

KAMALA CONSUMER CARE PRIVATE LIMITED

Director

29-09-12

01-08-11

-

Active

NO

3

U15412TG2006PLC052072

PAHAL FOODS EXIM LIMITED

Director

28-09-13

02-04-13

-

Active

NO

4

U51909WB2010PTC148972

RITUDHARA COMMOTRADE PRIVATE LIMITED

Director

26-09-13

09-09-13

-

Active

NO

5

U51101WB2010PTC144743

POWERFUL COMMODEAL PRIVATE LIMITED

Director

15-04-14

15-04-14

-

Active

NO

6

U72200TG2005PLC046637

SONAR SHELTERS LIMITED

Additional director

19-11-14

19-11-14

04-05-15

Active

NO

7

AAB-7389

APURUPA DT INFRA LLP

Designated Partner

02-09-13

02-09-13

-

Active

NO

8

AAD-9227

DUKES SRJ FOODS LLP

Designated Partner

12-05-15

12-05-15

-

Active

NO

 

 

Name :

Mr. Thati Anup Kumar

Designation :

Designated Partner

Address :

H.No.89, Ambience Fort, Attapur Hyderabad – 500048, Telangana, India

Date of Birth/Age :

22.05.1988

Date of Appointment :

02.09.2013

DPIN No.:

06647801

 

Name :

Mr. Koppula Narasimha Reddy

Designation :

Body corporate as Designated Partner

Address :

12-2-715/1,Flat No.601, Mega Susheela Apartment, Padmanabha Nagar Colony, Mehdipatnam Hyderabad -500028, Telangana, India

Date of Birth/Age :

06.06.1966

Date of Appointment :

02.09.2013

DPIN No.:

00065664

Other Directorship:

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U45200TG1997PTC028180

A G R CONSTRUCTIONS PRIVATE LIMITED

Director

19-07-05

19-07-05

-

Active

NO

2

U45200TG1997PTC028175

APURUPA INFRASTRUCTURES PRIVATE LIMITED

Director

01-08-05

01-08-05

-

Active

NO

3

AAB-4896

MEGASRI DUKES CONSTRUCTIONS LLP

Designated Partner

26-04-13

26-04-13

-

Active

NO

4

AAB-7389

APURUPA DT INFRA LLP

Body corporate as Designated Partner

02-09-13

02-09-13

-

Active

NO

 

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

Names of Persons

 

Obligation of Contribution (Rs. In Millions)

Ravinder Kumar Agarwal

 

15000000

Thati Anup Kumar

 

15000000

Koppula Narasimha Reddy

 

15000000

Total

 

45000000

 

 

BUSINESS DETAILS

 

Line of Business :

To Carry on the business of developer of property, promoters of schemes of housing and/or flats, residential or commercial apartments, malls, land, land development and layout schemes, dealing in real estate business and undertaking all types of construction activities and such other activities which may be advantageously combined with the business.

 

 

Brand Names :

Not Divulged

 

 

Agencies Held :

Not Divulged

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

Not Divulged

 

PRODUCTION STATUS NOT AVAILABLE

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark:

Not Divulged

 

 

Customers :

Reference :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Maximum Limit Dealt :

Not Divulged

Experience :

Not Divulged

Remark:

Not Divulged

 

 

No. of Employees :

Information declined by the management

 

 

Bankers :

Bank Name

Not Divulged

Branch

Not Divulged

Person Name (With Designation)

Not Divulged

Contact Number

Not Divulged

Name of Account Holder

Not Divulged

Account Number

Not Divulged

Account Since (Date/Year of Account Opening)

Not Divulged

Average Balance Maintained (If Possible)

Not Divulged

Credit Facilities Enjoyed (If any)

Not Divulged

Account Operation

Not Divulged

Remarks (If any)

Not Divulged

 

Auditors :

Not Divulged

 

 

Memberships :

--

 

 

Collaborators :

--

 

 

Associates/Subsidiaries :

--

 

 

CAPITAL STRUCTURE

 

Obligation of Contribution (Rs. 45.000 Million)

 

 

FINANCIAL DATA

[all figures are in Rupees Million]

 

NOT AVAILABLE

 

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

Yes

10]

Designation of contact person

No

11]

Turnover of firm for last three years

No

12]

Profitability for last three years

No

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

--

23]

Banking Details

No

24]

Banking facility details

No

25]

Conduct of the banking account

--

26]

Buyer visit details

--

27]

Financials, if provided

No

28]

Incorporation details, if applicable

Yes

29]

Last accounts filed at ROC

No

30]

Major Shareholders, if available

No

31]

Date of Birth of Proprietor/Partner/Director, if available

No

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

 

 

 

CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

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.63.84

UK Pound

1

Rs.100.65

Euro

1

Rs.72.88

 

 

INFORMATION DETAILS

 

Information Gathered by :

NYA

 

 

Analysis Done by :

KIN

 

 

Report Prepared by :

KVT

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

3

PAID-UP CAPITAL

1~10

3

OPERATING SCALE

1~10

3

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

3

--PROFITABILITY

1~10

3

--LIQUIDITY

1~10

3

--LEVERAGE

1~10

3

--RESERVES

1~10

3

--CREDIT LINES

1~10

3

--MARGINS

-5~5

--

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

NO

--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

 

27

 

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

 

--

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.