MIRA INFORM REPORT
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Report No. : |
325118 |
|
Report Date : |
30.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
AGARWAL MITTAL CONCAST PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
61, Shanker Chambers, Near H. K. House, Ashram Road, Ahmedabad –
380009, Gujarat |
|
Mobile No.: |
91-8758009020 (Mr. Mukesh Vyas) |
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|
|
|
Country : |
India |
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Financials (as
on) : |
31.03.2014 |
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Date of
Incorporation : |
02.05.2008 |
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Com. Reg. No.: |
04-053776 |
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Capital
Investment / Paid-up Capital : |
Rs.98.945 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U27109GJ2008PTC053776 |
|
|
|
|
IEC No.: |
0809007711 |
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|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
AHMA07988B |
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|
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PAN No.: [Permanent Account No.] |
AAHCA0171A |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufacturing and Trading of stainless steel products,
Carbon steel products, Alloy steel products, Rounds squares, Flap. |
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|
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No. of Employees
: |
250 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (32) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company having track record. Subject was incorporated in 2008. Subject manufacturer steel products
such as mils steel billets, stainless steel billets etc. Rating takes into consideration relatively low reserves, high gearing and
large working capital intensive nature of business. Trade relations are fair. Business is active. Payment terms are
reported to be slow but correct. In the view of extensive industry experience of company’s promoters,
the subject can be considered for business with some caution. |
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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CRISIL |
|
Rating |
Long term rating: B |
|
Rating Explanation |
Risk prone credit quality and carries very high credit risk. |
|
Date |
16.12.2014 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short term rating: A4 |
|
Rating Explanation |
Minimal degree of safety and very high credit risk. |
|
Date |
16.12.2014 |
RBI DEFAILTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAILTERS’ 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 (GENERAL DETAILS)
|
Name : |
Mr. Mukesh Vyas |
|
Designation : |
General Manager Marketing |
|
Contact No.: |
91-8758009020 |
|
Date : |
29.05.2015 |
LOCATIONS
|
Registered Office : |
61, Shanker Chambers, Near H. K. House, Ashram Road, Ahmedabad –
380009, Gujarat, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-8758009020 (Mr. Mukesh Vyas) |
|
Fax No.: |
Not Available |
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E-Mail : |
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|
|
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Factory : |
Post- Chandrapura, Near Halol GIDC, District Panchmahal,
Halol Gujarat, India |
|
|
|
|
Office : |
51, Shanker Chambers Near, H K House, Ashram Road, Ashram Road,
Ahmedabad – 380009, Gujarat, India |
DIRECTORS
AS ON 30.09.2014
|
Name : |
Mr. Vivek Agarwal |
|
Designation : |
Director |
|
Address : |
21, Saarthi Bunglow-Iii, Drive-In Road, Ahmedabad, 380052, Gujarat, India |
|
Date of Birth/Age : |
19.09.1981 |
|
Date of Appointment : |
29.09.2008 |
|
DIN No.: |
00247179 |
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PAN No.: |
ADZPA4737C |
|
|
|
|
Name : |
Mr. Suresh Binjraj Agarwal |
|
Designation : |
Director |
|
Address : |
21, Saarthi Bunglow-Iii, Drive-In Road, Ahmedabad, 380052, Gujarat, India |
|
Date of Birth/Age : |
29.07.1952 |
|
Date of Appointment : |
02.05.2008 |
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DIN No.: |
01342922 |
|
PAN No.: |
ABIPA3702E |
KEY EXECUTIVES
|
Name : |
Mr. Mukesh Vyas |
|
Designation : |
General Manager Marketing |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2014
|
Names of Shareholders |
No. of Shares |
%age
holding |
|
Vivek Agrawal |
2425000 |
24.39 |
|
Suresh Agrawal |
2425000 |
24.39 |
|
Vivek Agrawal HUF |
1700000 |
17.10 |
|
Ritu Shipping Private Limited |
725000 |
7.29 |
|
Usha Agrawal |
25000 |
0.25 |
|
Arpita Agrawal |
900000 |
9.05 |
|
Suresh Agrawal HUF |
1500000 |
15.09 |
|
Aldiam Motors Private Limited |
137500 |
1.38 |
|
Suresh Agrawal |
51250 |
0.52 |
|
Vivek Agarwal |
54375 |
0.55 |
|
Total |
9943125 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
AS ON 30.09.2014
|
Category |
Percentage |
|
Bodies corporate |
8.67 |
|
Directors or relatives of Directors |
91.33 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing and Trading of stainless steel products,
Carbon steel products, Alloy steel products, Rounds squares, Flap. |
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Products : |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
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Products : |
Not Divulged |
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Countries : |
Turkey |
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Imports : |
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Products : |
Not Divulged |
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Countries : |
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Terms : |
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Selling : |
Cash and Cheque |
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Purchasing : |
Cash and Cheque |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
Wholesalers, Retailers and End Users
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No. of Employees : |
250 (Approximately) |
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Bankers : |
Rajkot Nagarik Sahakari Bank Limited, Nagarik Bhavan No 1, Dhebarbhai Road,, RAJKOT - 360311, Gujarat, India
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Facilities : |
(Rs.
In Million)
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Auditors : |
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Name : |
KPSJ and Associates Chartered Accountant |
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Address : |
504, Sahajanand Shopping Centre, Shahhibaug, Ahmedabad-380004, Gujarat, India |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AAGFK2924D |
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Memberships : |
-- |
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Collaborators : |
-- |
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Enterprises which
are owned, or have
significant influence of or are
partners with Key management personnel and their relatives: |
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CAPITAL STRUCTURE
AFTER 30.09.2014
Authorised Capital : Rs. 120.000 Million
Issued Subscribed & Paid-up Capital : Rs. 101.759
Million
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000000 |
Equity Shares |
Rs.10/- each |
Rs. 100.000 Million |
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Issued Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
9700000 |
Equity Shares |
Rs.10/- each |
Rs. 97.000
Million |
|
243125 |
Equity Shares |
Rs.8/- each |
Rs. 1.945
Million |
|
|
|
|
|
|
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Total |
|
Rs. 98.945 Million |
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
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I.
EQUITY AND LIABILITIES |
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|
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|
(1)Shareholders' Funds |
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|
|
|
(a) Share Capital |
98.945 |
97.000 |
97.000 |
|
(b) Reserves & Surplus |
40.583 |
9.060 |
-3.499 |
|
(c) Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
0.000 |
19.450 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
139.528 |
125.510 |
93.501 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
278.634 |
106.016 |
77.629 |
|
(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) |
278.634 |
106.016 |
77.629 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
263.124 |
47.516 |
63.988 |
|
(b) Trade payables |
394.858 |
37.298 |
58.689 |
|
(c) Other current liabilities |
17.763 |
19.357 |
18.159 |
|
(d) Short-term provisions |
17.612 |
4.374 |
3.384 |
|
Total
Current Liabilities (4) |
693.357 |
108.545 |
144.220 |
|
|
|
|
|
|
TOTAL |
1111.519 |
340.071 |
315.350 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
243.546 |
174.003 |
181.282 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
0.000 |
1.491 |
0.771 |
|
(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
1.429 |
|
(d) Long-term Loan and Advances |
17.915 |
0.000 |
0.000 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
261.461 |
175.494 |
183.482 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
2.508 |
0.000 |
0.000 |
|
(b) Inventories |
433.966 |
44.457 |
63.089 |
|
(c) Trade receivables |
337.598 |
84.906 |
19.631 |
|
(d) Cash and cash equivalents |
0.911 |
1.289 |
10.890 |
|
(e) Short-term loans and
advances |
74.915 |
33.605 |
37.778 |
|
(f) Other current assets |
0.160 |
0.320 |
0.480 |
|
Total
Current Assets |
850.058 |
164.577 |
131.868 |
|
|
|
|
|
|
TOTAL |
1111.519 |
340.071 |
315.350 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
NA |
NA |
NA |
|
|
Other Income |
NA |
NA |
NA |
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
Less |
EXPENSES |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
NA |
NA |
NA |
|
|
|
|
|
|
|
Less |
TAX |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
14.017 |
12.559 |
(1.780) |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (Rs.) |
1.41 |
NA |
NA |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
7.609 |
15.120 |
15.120 |
|
Cash generated from operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Debt Equity Ratio (Total Debt /Networth) |
|
3.94 |
1.34 |
1.68 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
1.23 |
1.52 |
0.91 |
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 |
97.000 |
97.000 |
98.945 |
|
Reserves & Surplus |
(3.499) |
9.060 |
40.583 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
0.000 |
19.450 |
0.000 |
|
Net
worth |
93.501 |
125.510 |
139.528 |
|
|
|
|
|
|
long-term borrowings |
77.629 |
106.016 |
278.634 |
|
Short term borrowings |
63.988 |
47.516 |
263.124 |
|
Current Maturities Of
Long-Term Debts |
15.120 |
15.120 |
7.609 |
|
Total
borrowings |
156.737 |
168.652 |
549.367 |
|
Debt/Equity
ratio |
1.676 |
1.344 |
3.937 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
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) |
Yes |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
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 |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
Yes |
|
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 |
NOTE: Registered office of the company has been shifted from 01, Sona Roopa Apartment, Opposite Lal Bunglow, C G Road, Navrangpura, Ahmedabad – 380009, Gujarat, India to the present address w.e.f. 15.02.2013
UNSECURED LOAN
|
PARTICULARS |
As
on 31.03.2014 |
As
on 31.03.2013 |
|
LONG TERM
BORROWING |
|
|
|
Deposits from directors |
26.057 |
9.002 |
|
Deposits from shareholders |
0.193 |
35.000 |
|
Intercorporate deposits |
31.874 |
10.300 |
|
Deposits from others |
120.500 |
0.000 |
|
|
178.624 |
54.302 |
INDEX
OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE
CREATION/MODIFICATION |
CHARGE AMOUNT
SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST
NUMBER (SRN) |
|
1 |
10519007 |
01/01/2015 * |
485,000,000.00 |
CITY UNION BANK LIMITED |
G-19, NIRMAN COMPLEX, NAVRANGPURA, AHMEDABAD, GUJARAT - 380009, INDIA |
C45177219 |
|
2 |
10519003 |
03/01/2015 * |
485,000,000.00 |
CITY UNION BANK LIMITED |
G-19, NIRMAN
COMPLEX,, NAVRANGPURA, AHMEDABAD, GU |
C45178902 |
|
3 |
10489008 |
26/04/2014 |
1,921,000.00 |
ICICI BANK LIMITED |
ICICI BANK LIMITED,
ALKAPURI, BARODA, GUJARAT - 3 |
C02888048 |
|
4 |
10487096 |
16/04/2014 * |
32,500,000.00 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
1ST FLOOR, LAND
MARK BUILDING, RACE COURSE CIRCLE |
C03840014 |
|
5 |
10471211 |
16/01/2014 |
90,500,000.00 |
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA |
LANDMARK BUILDING,
1ST FLOOR, COURSE CIRCLE, BARO |
B93901403 |
|
6 |
10437358 |
10/07/2013 |
1,128,000.00 |
ICICI BANK LIMITED |
LANDMARKRACE COURCE
CIRCLE, ALKAPURI, BARODA, GUJ |
B79823019 |
* Date of charge modification
FIXED ASSETS
Tangible assets
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Computer equipments
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.63.76 |
|
UK Pound |
1 |
Rs.97.80 |
|
Euro |
1 |
Rs.69.91 |
INFORMATION DETAILS
|
Information
Gathered by : |
MNJ |
|
|
|
|
Analysis Done by
: |
SAN |
|
|
|
|
Report Prepared
by : |
KVT |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
4 |
|
PAID-UP CAPITAL |
1~10 |
4 |
|
OPERATING SCALE |
1~10 |
4 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
4 |
|
--PROFITABILITY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
2 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
YES |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
32 |
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.