MIRA INFORM REPORT
|
Report No. : |
322715 |
|
Report Date : |
16.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
A-1 FENCE PRODUCTS COMPANY PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
503, Golden Heights, Shastri Nagar, Andheri (West), Mumbai – 400053,
Maharashtra |
|
Tel. No.: |
91-22-26321345 91-260-3292809 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
|
|
|
|
Date of
Incorporation : |
12.05.2009 |
|
|
|
|
Com. Reg. No.: |
11-192329 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs.0.980 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U28990MH2009PTC192329 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of high quality steel perimeter fencing systems. |
|
|
|
|
No. of Employees
: |
450 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (48) |
|
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 company having satisfactory track record. The rating takes into consideration acceptable profit margin position of
the company during year under review. Also the reserve of the company is
decent. General financial position of the company is fair. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. The concern can be considered for business dealings with usual
business 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.
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. Alex |
|
Designation : |
Finance Head |
|
Contact No.: |
91-260-3292809 |
|
Date : |
15.05.2015 |
LOCATIONS
|
Registered Office : |
503, Golden Heights, Shastri Nagar, Andheri (West), Mumbai – 400053,
Maharashtra, India |
|
Tel. No.: |
91-22-26321345 91-260-3292809 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office: |
21, Raju Industrial Estate, Near Dahisar Check Naka, Dahisar (East),
Mumbai – 401104, Maharashtra, India |
|
Tel. No.: |
91-22-28457540/28457252 |
|
Fax No.: |
91-22-28455014 |
|
|
|
|
Factory 1 : |
35-36 Athal Industrial Estate, Athal, Silvassa – 396230, Dadra and
Nagar Haveli, India |
|
Tel. No.: |
91-260-3292809 |
|
|
|
|
Factory 2: |
Behind Soniwadi. Vankas Sub-Station Road, Sanjan, District Valsad –
396150, Gujarat, India |
|
Tel. No.: |
91-260-2575766 |
DIRECTORS
As on: 30.09.2014
|
Name : |
Mr. Prabhat Kumar Shyam Lall Gupta |
|
Designation : |
Director |
|
Address : |
503, Golden Heights, Shastri Nagar, Andheri (West), Mumbai
– 400053, Maharashtra, India |
|
Date of Birth/Age : |
16.11.1949 |
|
Date of Appointment : |
12.05.2009 |
|
DIN No.: |
00354825 |
|
|
|
|
Name : |
Mr. Vivek Prabhat Kumar Gupta |
|
Designation : |
Director |
|
Address : |
503, Golden Heights, Shastri Nagar, Andheri (West), Mumbai
– 400053, Maharashtra, India |
|
Date of Birth/Age : |
26.12.1978 |
|
Date of Appointment : |
12.05.2009 |
|
DIN No.: |
00354978 |
|
|
|
|
Name : |
Mr. Kanta Gupta |
|
Designation : |
Director |
|
Address : |
503, Golden Heights, Shastri Nagar, Andheri (West), Mumbai
– 400053, Maharashtra, India |
|
Date of Birth/Age : |
08.02.1928 |
|
Date of Appointment : |
12.05.2009 |
|
DIN No.: |
02491383 |
|
|
|
|
Name : |
Mr. Saurabh Prabhat Gupta |
|
Designation : |
Director |
|
Address : |
503, Golden Heights, Shastri Nagar, Andheri (West), Mumbai
– 400053, Maharashtra, India |
|
Date of Birth/Age : |
26.07.1981 |
|
Date of Appointment : |
12.05.2009 |
|
DIN No.: |
02491395 |
KEY EXECUTIVES
|
Name : |
Mr. Alex |
|
Designation : |
Finance Head |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on: 30.09.2014
|
Names of Shareholders |
No. of Shares |
%age
holding |
|
Prabhat Kumar Gupta |
24500 |
25.00 |
|
Saurabh Gupta |
23520 |
24.00 |
|
Kanta Gupta |
23520 |
24.00 |
|
Vivek Guta |
23520 |
24.00 |
|
Aravali Hightech Private Limited |
980 |
1.00 |
|
Saurdeep Investment Private Limited |
980 |
1.00 |
|
Sam Alloys Private Limited |
980 |
1.00 |
|
Total |
98000 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
As on: 30.09.2014
|
Category |
Percentage |
|
Bodies corporate |
3.00 |
|
Directors or relatives of Directors |
97.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of high quality steel perimeter fencing systems. |
|
|
|
|
Products : |
High quality steel perimeter fencing systems |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||
|
No. of Employees : |
450 (Approximately) |
||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||
|
Bankers : |
Citi Bank N.A., First International Financial Centre (FIFC), Plot No. C-54 & 55, G-Block, BKC, Bandra (East), Mumbai - 400051, Maharashtra, India
|
||||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
Bharat G. Shah Chartered Accountants |
|
Address : |
209, B, Shyam Kamal, B Building, Agarwal Market, Tejpal Road, Vile-
Parle (East), Mumbai – 400057, Maharashtra, India |
|
Tel. No.: |
91-22-26151448 |
|
Mobile No.: |
91-9821086967 |
|
Fax No.: |
91-22-26119591 |
|
E-Mail : |
|
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAGPS2455J |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
As on 30.09.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
200000 |
Equity Shares |
Rs.10/- each |
Rs. 2.000 Millions |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
98000 |
Equity Shares |
Rs.10/- each |
Rs. 0.980
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 |
0.980 |
0.980 |
0.980 |
|
(b) Reserves & Surplus |
158.141 |
135.887 |
119.333 |
|
(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) |
159.121 |
136.867 |
120.313 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
25.462 |
10.620 |
145.946 |
|
(b) Deferred tax liabilities (Net) |
2.087 |
0.644 |
0.372 |
|
(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) |
27.549 |
11.264 |
146.318 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
134.581 |
89.197 |
0.000 |
|
(b) Trade
payables |
134.086 |
34.821 |
133.226 |
|
(c) Other current
liabilities |
88.577 |
11.105 |
49.715 |
|
(d) Short-term
provisions |
4.869 |
3.605 |
1.887 |
|
Total Current
Liabilities (4) |
362.113 |
138.728 |
184.828 |
|
|
|
|
|
|
TOTAL |
548.783 |
286.859 |
451.459 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
137.883 |
97.052 |
100.984 |
|
(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 |
2.500 |
2.100 |
16.900 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
8.116 |
3.395 |
46.212 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
148.499 |
102.547 |
164.096 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
58.639 |
6.011 |
21.995 |
|
(b)
Inventories |
90.098 |
59.789 |
48.071 |
|
(c) Trade
receivables |
130.777 |
39.219 |
185.192 |
|
(d) Cash
and cash equivalents |
3.896 |
2.659 |
3.401 |
|
(e)
Short-term loans and advances |
56.256 |
21.184 |
28.605 |
|
(f) Other
current assets |
60.618 |
55.450 |
0.099 |
|
Total
Current Assets |
400.284 |
184.312 |
287.363 |
|
|
|
|
|
|
TOTAL |
548.783 |
286.859 |
451.459 |
PROFIT & LOSS
ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
|
|
GROSS TURNOVER |
760.071 |
NA |
408.403 |
|
|
|
|
|
|
|
DEPRECIATION |
14.961 |
NA |
9.538 |
|
|
|
|
|
|
|
|
|
NET
PROFIT /( LOSS) FOR THE YEAR |
33.131 |
NA |
13.412 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
338.07 |
NA |
136.86 |
KEY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Debt Equity Ratio (Total Debt /Networth) |
|
1.01 |
0.73 |
1.21 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.11 |
1.33 |
1.55 |
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) |
|
Share Capital |
0.980 |
0.980 |
0.980 |
|
Reserves & Surplus |
119.333 |
135.887 |
158.141 |
|
Net worth |
120.313 |
136.867 |
159.121 |
|
|
|
|
|
|
long-term borrowings |
145.946 |
10.620 |
25.462 |
|
Short term borrowings |
0.000 |
89.197 |
134.581 |
|
Total borrowings |
145.946 |
99.817 |
160.043 |
|
Debt/Equity ratio |
1.213 |
0.729 |
1.006 |
LOCAL AGENCY FURTHER INFORMATION
CURRENT MATURITIES
OF LONG-TERM DEBT DETAILS: NOT AVAILABLE
|
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
two 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 |
Yes |
|
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 |
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 |
UNSECURED LOAN
|
Particular |
31.03.2014 (Rs.
in Million) |
31.03.2013 (Rs.
in Million) |
|
Long-term
Borrowings |
|
|
|
Loan and Advance from related parties |
4.233 |
4.103 |
|
Loans Term Maturities of Finance Lease Obligation |
0.986 |
1.708 |
|
Jun – EN – enterprises Corporation |
4.809 |
4.809 |
|
Golden Spot Industry Inc |
15.435 |
0.000 |
|
|
|
|
|
Total |
25.463 |
10.620 |
INDEX OF CAHREGS:
|
S. NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10568215 |
08/05/2015 |
100,000,000.00 |
Citi Bank N.A. |
First International
Financial Centre (FIFC), Plot No. C-54 & 55, G-Block, BKC, Bandra
(E), Mumbai - 400051, |
C53068789 |
|
2 |
10458685 |
23/10/2013 |
500,000,000.00 |
Karnataka Bank Limited |
Overseas Branch, 104-106, Embassy Centre, Nariman Point, Mumbai - 400021, Maharashtra, INDIA |
B88954680 |
|
3 |
10322211 |
20/10/2011 |
18,000,000.00 |
Karnataka Bank Limited |
Overseas Branch, 104-106, Embassy Centre, JB Marg, Nariman Point, Mumbai - 400021, Maharashtra, INDIA |
B27500396 |
|
4 |
10272215 |
31/01/2011 |
49,000,000.00 |
Karnataka Bank Limited |
Overseas Branch, 104-106, Embassy Centre, Nariman point, Mumbai - 400021, Maharashtra, INDIA |
B06727895 |
|
5 |
10227111 |
22/10/2013 * |
40,000,000.00 |
Karnataka Bank Limited |
Overseas Branch, 104-106, Embassy Centre, Nariman Point, Mumbai - 400021, Maharashtra, INDIA |
B88924204 |
|
6 |
10232690 |
20/10/2011 * |
237,000,000.00 |
Karnataka Bank Limited |
Overseas Branch, 104-106, Embassy Centre, Nariman Point, Mumbai - 400021, Maharashtra, INDIA |
B27507060 |
|
7 |
10226986 |
22/10/2013 * |
430,000,000.00 |
Karnataka Bank Limited |
Overseas Branch, 104-106, Embassy Centre, Nariman Point, Mumbai - 400021, Maharashtra, INDIA |
B88923933 |
* Date of charge modification
FIXED ASSETS
- Land
- Building
- Plant and Machinery
- Electrical Equipment
- Furniture and Fixture
- Office Equipment
- Computer
- Motors cars, Bike and Scooter
- Mobile
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.64.19 |
|
|
1 |
Rs.100.58 |
|
Euro |
1 |
Rs.72.08 |
INFORMATION DETAILS
|
Information
Gathered by : |
KMN |
|
|
|
|
Analysis Done by
: |
SAN |
|
|
|
|
Report Prepared
by : |
MTN |
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 |
6 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
6 |
|
--RESERVES |
1~10 |
6 |
|
--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 |
|
48 |
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.