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Report No. : |
321664 |
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Report Date : |
19.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
ALAND CERAMIC PRIVATE LIMITED |
|
|
|
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Registered
Office : |
Block No. 124, Umiya Nagar, Behind Yadunandan Nagar, Main Kenal, Sanala
Road, Morbi – 363641, Gujarat |
|
Mobile No. |
91-9978699905 ( Mr.Ravi ) |
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Country : |
India |
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|
|
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Financials (as
on) : |
Not Available |
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Date of
Incorporation : |
15.05.2014 |
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|
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Com. Reg. No.: |
04 - 079536 |
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Capital
Investment / Paid-up Capital : |
Rs. 42.280 Million |
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|
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CIN No.: [Company Identification
No.] |
U26933GJ2014PTC079536 |
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|
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|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
Not Available |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturer and Supplier of all Types of Tiles |
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|
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No. of Employees
: |
100 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
- |
NB |
New Business |
- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a new company and establishing itself gradually. Mr. Krunal Patel, Manager has provided us with all information and he
also confirmed that the company has started its business activity from July
2015 Trade relation is improving. Business is active. Payment terms are
unknown. The company can be considered for business dealings on a safe and
secured 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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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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 PARTED BY
|
Name : |
Mr. Krunal Patel |
|
Designation : |
Manager |
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Contact No.: |
91-9978699904 / 91-9978699902 |
|
Date : |
08.05.2015 |
LOCATIONS
|
Registered Office : |
Block No. 124, Umiya Nagar, Behind Yadunandan Nagar, Main Kenal,
Sanala Road, Morbi – 363641, Gujarat, India |
|
Mobile No.: |
91-9978699905 ( Mr. Ravi ) |
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E-Mail : |
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Website : |
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Location : |
Owned |
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Locality : |
Residential |
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|
|
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Factory 1 : |
8 A, National Highway, Sartanpar Road, At Matel, Wankaner, District
Morbi – 363642, Gujarat, India |
|
Location : |
Owned |
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Locality : |
Industrial |
DIRECTORS
As ON : 07.05.2014
|
Name : |
Mr. Manjibhai Nanjibhai Vadhadia |
|
Designation : |
Director |
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Address : |
Umiya Nagar, Sanala Road, Morbi – 363641, Gujarat, India |
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Date of Birth/Age : |
30.09.1954 |
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Qualification : |
Post Graduate, Master, Equivalent |
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Date of Appointment : |
15.05.2014 |
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PAN No.: |
AAWPV1615J |
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DIN No.: |
06858902 |
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|
|
|
Name : |
Mr. Ravi Devrajbhai Makasana |
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Designation : |
Director |
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Address : |
2, Anajani Park, Ravapar Canal Road, Morbi – 363641, Gujarat, India |
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Date of Appointment : |
27.11.2014 |
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DIN No.: |
07029074 |
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|
|
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Name : |
Mr. Vinod Kumar Laxmanbhai Varevariya |
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Designation : |
Director |
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Address : |
278 – 4 – 1, Rawapar – 3, Morbi – 363641, Gujarat, India |
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Date of Birth/Age : |
27.11.2014 |
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DIN No.: |
07029085 |
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|
|
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Name : |
Mr. Akash Dhanjibhai Bhatasana |
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Designation : |
Director |
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Address : |
13, Akash Anupam Society, Ravapar Road, Morbi – 363641, Gujarat, India
|
|
Date of Birth/Age : |
23.01.2015 |
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DIN No.: |
07078522 |
KEY EXECUTIVES
|
Name : |
Mr. Krunal Patel |
|
Designation : |
Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on : 07.05.2014
|
Names of Shareholders |
No. of Shares |
|
Prafulbhai Detroja |
3000 |
ALLOTTEES
|
Names of Allottees |
No. of Shares |
|
Vinodbhai Laxmanbhai Varevadiya |
75000 |
|
Thakarshibhai Jivabhai Varevadiya |
122000 |
|
Sharad Thakarshibhai Varevadiya |
75000 |
|
Shaileshbhai Gangarambhai Varevadiya |
75000 |
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Ravi Gangarambhai Varevadiya |
75000 |
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Punamben Ravibhai Varevadiya |
75000 |
|
Pravin Laxmanbhai Varevadiya |
75000 |
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Linaben Sharadbhai Varevadiya |
75000 |
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Laxmanbhai Jivabhai Varevadiya |
55000 |
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Jagrutiben Vinodbhai Varevadiya |
75000 |
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Gangarambhai Jivabhai Varevadiya |
150000 |
|
Dayaben Laxmanbhai Varevadiya |
75000 |
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Archanaben Shaileshbhai Varevadiya |
75000 |
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Akash Dhanjibhai Bhatasana |
475000 |
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Dhanjibhai Kanjibhai Bhatasana |
280000 |
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Madhuben Dhanjiben Bhatasana |
380000 |
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Dineshbhai Ganpatbhai Varevadiya |
75000 |
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Ganpatbhai Parshotambhai Varevadiya |
200000 |
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Jitendrabhai Ganpatbhai Varevadiya |
75000 |
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Pradipbhai Ganpatbhai Varevadiya |
50000 |
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Sangitaben Pradipbhai Varevaria |
45000 |
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Jagrutiben Jitendrabhai Varevaria |
47500 |
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Arunaben Dineshbhai Varevaria |
47500 |
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Sangitaben Pravinbhai Dhumaliya |
67500 |
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Minaben Sureshbhai Vaghela |
67500 |
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Sukhdevbhai Nanjibhai Varevadiya |
225000 |
|
Manjibhai Nanjibhai Vadhadiya |
536000 |
|
Manjulaben Devrajbhai Makasana |
20000 |
|
Ravibhai Devrajbhai Makasana |
550000 |
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Total |
4218000 |
BUSINESS DETAILS
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Line of Business : |
Manufacturer and Supplier of all Types of Tiles |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Cash / Credit |
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Purchasing : |
Cash / Credit |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
100 (Approximately) |
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Bankers : |
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Auditors : |
Not Divulged |
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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 |
|
|
|
|
|
|
47,50,000 |
Equity Shares |
Rs.10/- each |
Rs. 47.500 Million |
|
|
|
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
42,28,000 |
Equity Shares |
Rs.10/- each |
Rs. 42.280
Million |
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FINANCIAL DATA
[all figures are
in Rupees Million]
Not Available
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
N.A |
N.A |
N.A |
|
Cash generated from operations |
N.A |
N.A |
N.A |
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
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2 |
Constitution of the entity -Incorporation
details |
Yes |
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3 |
Locality of the entity |
Yes |
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4 |
Premises details |
No |
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5 |
Buyer visit details |
-- |
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6 |
Contact numbers |
Yes |
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7 |
Name of the person contacted |
Yes |
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8 |
Designation of contact person |
Yes |
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9 |
Promoter’s background |
Yes |
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10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
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11 |
Pan Card No. of Proprietor / Partners |
Yes |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
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16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
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19 |
Major customers |
No |
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20 |
Banking Details |
Yes |
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21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
-- |
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23 |
Financials, if provided |
No |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
No |
|
26 |
Turnover of firm for last three years |
No |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
No |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
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. 63.55 |
|
|
1 |
Rs.99.86 |
|
Euro |
1 |
Rs.72.67 |
INFORMATION DETAILS
|
Information Gathered
by : |
NYA |
|
|
|
|
Analysis Done by
: |
RSH |
|
|
|
|
Report Prepared
by : |
JAY |
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.