MIRA INFORM REPORT

 

 

Report No. :

349198

Report Date :

07.11.2015

 

IDENTIFICATION DETAILS

 

Name :

COMPREHENSIVE SUPPORT SERVICES PRIVATE LIMITED

 

 

Registered Office :

Flat No. 401+402, Yash Towers, D P Road, Opposite Dav Public School, Aundh, Pune - 411007, Maharashtra

Tel. No.:

91-20-41244000

 

 

Country :

India

 

 

Financials (as on) :

31.03.2014

 

 

Date of Incorporation :

31.10.2013

 

 

Com. Reg. No.:

11-149315

 

 

Capital Investment / Paid-up Capital :

Rs. 1.000 Million

 

 

CIN No.:

[Company Identification No.]

U93000PN2013PTC149315

 

 

IEC No.:

Not Divulged

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

PNEC10212G

 

 

PAN No.:

[Permanent Account No.]

AAFCC4609M

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Providing Services in all types of industries, companies, firms, projects in the field of catering, housekeeping, maintenance, repairs, cleaning, manpower supply, accounting, book keeping, licensing and outsourcing.

 

 

No. of Employees :

Information declined by the management

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca (11)

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Even though the company was incorporated on 31st October, 2013. It is yet to commence its commercial operations.

 

Mr. Indra (Office Assistant) has only confirmed the registered office of the company. Further he denied to disclose any information to us.

 

As per Director’s Report, no operations were carried out during the financial year 2013-2014.

 

However, business is active as per the status shown in the Registrar of Companies. Payments are unknown.

 

The company can be considered for business dealings on 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.

 

 

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 31-03-2015.

 

 

INFORMATION DENIED BY

 

Name :

Mr. Indra

Designation :

Office Assistant

Contact No.:

91-20-41244000

Date :

06.11.2015

 

 

LOCATIONS

 

Registered/ Head Office :

Flat No. 401+402, Yash Towers, D P Road, Opposite Dav Public School, Aundh, Pune - 411007, Maharashtra, India

Tel. No.:

91-20-41244000

Fax No.:

Not Available

E-Mail :

parimal.dabhade@cssgroupindia.com

sales@cssgroupindia.com

Website :

http://www.cssgroupindia.com

 

 

Branch Office 1 :

UGF 201, G-Block, Shushant Shopping Arcade, Gurgaon – 122002, Haryana, India

 

 

Branch Office 2 :

Office No. 303, 3rd Floor, Swastik Chamber, C.S.T. Road, Chembur (West), Mumbai - 400071, Maharashtra, India

Tel. No.:

91-22-42957000

 

 

Branch Office 3 :

304/108, Koralur, Thirumalashettyhalli Cross, Nadavatti Post, Hoskote Taluk, Bangalore – 560067, Karnataka, India

 

 

DIRECTORS

 

AS ON 23.09.2014

 

Name :

Mr. Ramkrishna Narsingrao Mankari

Designation :

Director

Address :

F-9, Harshvihar, S.R.N. 163/1+2A, +2B/1A, D.P. Road, Aundh, Pune - 411007, Maharashtra, India

Date of Birth/Age :

01.05.1972

Date of Appointment :

31.10.2013

DIN No.:

00586007

 

 

Name :

Mukta Ramkrishna Mankari

Designation :

Director

Address :

F-9, Harshvihar, S.R.N. 163/1+2A, +2B/1A, D.P. Road, Aundh, Pune - 411007, Maharashtra, India

Date of Birth/Age :

01.07.1978

Date of Appointment :

31.10.2013

DIN No.:

01880033

 

 

Name :

Parimal Govind Dabhade

Designation :

Director

Address :

Uday Garden Apartment, Flat No. 1, Near Akurdi Railway Station, Pradhikaran,, Pune - 411044, Maharashtra, India

Date of Birth/Age :

11.11.1982

Date of Appointment :

01.07.2014

DIN No.:

06908868

 

 

Name :

Sushobhan Sarkar

Designation :

Director

Address :

B/4/24, Moraya Resi, Sus Road, Pashan, Pune - 411021, Maharashtra, India

Date of Birth/Age :

28.07.1975

Date of Appointment :

01.07.2014

DIN No.:

06909408

 

 

Name :

Mr. Dinesh Lamsal

Designation :

Director

Address :

S. No 235/1, Behind G-O Square, DP Road, FL. No 603, BL No-2, Kalpataru Harmoney, Pune - 411057, Maharashtra, India

Date of Birth/Age :

24.10.1972

Date of Appointment :

01.07.2014

DIN No.:

06910479

 

 

KEY EXECUTIVES

 

Name :

Mr. Indra

Designation :

Office Assistant

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 23.09.2014

 

Names of Shareholders

No. of Shares

 

Percentage of Holding

Ramkrishna Mankari

450000

90.00

Mukta Mankari

50000

10.00

 

 

 

Total

 

500000

100.00

 

 

 

 

AS ON 23.09.2014

 

Equity Share Breakup

Percentage of Holding

Category

 

Directors or relatives of directors

100.00

 

 

Total

 

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Providing Services in all types of industries, companies, firms, projects in the field of catering, housekeeping, maintenance, repairs, cleaning, manpower supply, accounting, book keeping, licensing and outsourcing.

 

 

Brand Names :

--

 

 

Agencies Held :

--

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

PRODUCTION STATUS: NOT AVAILABLE

 

 

GENERAL INFORMATION

 

Suppliers :

Reference:

Not Divulged

Name of the Person (Designation):

Not Divulged

Contact Number:

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 (Designation):

Not Divulged

Contact Number:

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 A/c Opening):

Not Divulged

Average Balance Maintained (Optional):

Not Divulged

Credit Facilities Enjoyed (CC/OD/Term Loan):

Not Divulged

Account Operation:

Not Divulged

Remarks:

Not Divulged

 

·         Union Bank of India

Aundh Branch, Pune - 411007, Maharashtra, India

 

 

Facilities :

--

 

Banking Relations :

--

 

 

Auditors :

 

Name :

M V S K and Associates

Chartered Accountants

Address :

Office No 20, 4th Floor Dhanvantri, Opposite ICICI Bank, Tilak  Road, Sadashiv Peth, Pune – 411030, Maharashtra, India

Tel. No.:

91-20-64002220

E-Mail :

office@mvsk.in

Income-tax PAN of auditor or auditor's firm :

AAXFM9301R

 

 

Memberships :

--

 

 

Collaborators :

--

 

 

Associates/Subsidiaries :

Not Available

 

 

CAPITAL STRUCTURE

 

AS ON 23.09.2014

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

500,000

Equity Shares

Rs. 10/- each

Rs. 5.000 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

500,000

Equity Shares

Rs. 10/- each

Rs. 5.000 Million

 

 

 

 

 

 

AS ON 31.03.2014

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

100,000

Equity Shares

Rs. 10/- each

Rs. 1.000 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

100,000

Equity Shares

Rs. 10/- each

Rs. 1.000 Million

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Million]

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

 

 

31.03.2014

I.              EQUITY AND LIABILITIES

 

 

 

(1)Shareholders' Funds

 

 

 

(a) Share Capital

 

 

1.000

(b) Reserves & Surplus

 

 

(1.165)

(c) Money received against share warrants

 

 

0.000

 

 

 

 

(2) Share Application money pending allotment

 

 

0.000

Total Shareholders’ Funds (1) + (2)

 

 

(0.165)

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) Long-term borrowings

 

 

0.600

(b) Deferred tax liabilities (Net)

 

 

0.058

(c) Other long term liabilities

 

 

0.000

(d) long-term provisions

 

 

0.000

Total Non-current Liabilities (3)

 

 

0.658

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

 

 

0.000

(b) Trade payables

 

 

0.142

(c) Other current liabilities

 

 

0.000

(d) Short-term provisions

 

 

0.643

Total Current Liabilities (4)

 

 

0.785

 

 

 

 

TOTAL

 

 

1.278

 

 

 

 

II.            ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

 

 

0.769

(ii) Intangible Assets

 

 

0.000

(iii) Capital work-in-progress

 

 

0.000

(iv) Intangible assets under development

 

 

0.000

(b) Non-current Investments

 

 

0.000

(c) Deferred tax assets (net)

 

 

0.000

(d)  Long-term Loan and Advances

 

 

0.000

(e) Other Non-current assets

 

 

0.025

Total Non-Current Assets

 

 

0.794

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

 

 

0.000

(b) Inventories

 

 

0.000

(c) Trade receivables

 

 

0.000

(d) Cash and cash equivalents

 

 

0.155

(e) Short-term loans and advances

 

 

0.329

(f) Other current assets

 

 

0.000

Total Current Assets

 

 

0.484

 

 

 

 

TOTAL

 

 

1.278

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

 

 

 

31.03.2014

 

SALES

 

 

 

 

 

Revenue from Operations

 

 

0.000

 

 

Other Income

 

 

0.000

 

 

TOTAL                                     (A)

 

 

0.000

 

 

 

 

 

Less

EXPENSES

 

 

 

 

 

TOTAL                                     (B)

 

 

1.007

 

 

 

 

 

 

PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B)     (C)

 

 

(1.007)

 

 

 

 

 

Less

FINANCIAL EXPENSES                                    (D)

 

 

0.001

 

 

 

 

 

 

PROFIT/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D)                               (E)

 

 

(1.008)

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION                     (F)

 

 

0.098

 

 

 

 

 

 

PROFIT/ (LOSS) BEFORE TAX (E-F)                 (G)

 

 

(1.106)

 

 

 

 

 

Less

TAX                                                                  (H)

 

 

0.059

 

 

 

 

 

 

PROFIT/ (LOSS) AFTER TAX (G-H)                   (I)

 

 

(1.165)

 

 

 

 

 

 

Earnings/ (Loss) Per Share (Rs.)

 

 

(11.65)

 

 

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

 

PARTICULARS

 

 

 

31.03.2014

Current Maturities of Long term debt

 

 

NA

 

 

 

 

Cash generated from operations

 

 

NA

 

 

 

 

Net Cash flow from (used in) Operations

 

 

NA

 

 

KEY RATIOS

 

PARTICULARS

 

 

 

 

31.03.2014

Net Profit Margin

(PAT / Sales)

(%)
 

 

0.00

 

 
 

 

 

Operating Profit Margin

(PBDIT/Sales)

(%)
 

 

0.00

 

 
 

 

 

Return on Total Assets

(PBT/Total Assets}

(%)
 

 

(86.54)

 

 
 

 

 

Return on Investment (ROI)

(PBT/Networth)

 
 

 

6.70

 

 
 

 

 

Debt Equity Ratio

(Total Liability/Networth)

 
 

 

(3.64)

 

 
 

 

 

Current Ratio

(Current Asset/Current Liability)

 
 

 

0.62

 

 

 

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

No

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

16

No. of employees

No

17

Details of sister concerns

No

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 one year

Yes

27

Reasons for variation <> 20%

--

28

Estimation for coming financial year

No

29

Profitability for last one year

Yes

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

 

 

INDEX OF CHARGES

 

S.NO.

CHARGE ID

DATE OF CHARGE CREATION/MODIFICATION

CHARGE AMOUNT SECURED

CHARGE HOLDER

ADDRESS

SERVICE REQUEST NUMBER (SRN)

1

10512793

16/08/2015 *

30,000,000.00

UNION BANK OF INDIA

AUNDH BRANCH, PUNE, MAHARASHTRA - 411007, INDIA

C64970361

 

* Date of charge modification

 

 

UNSECURED LOANS

 

PARTICULARS

31.03.2014

(Rs. In Million)

LONG-TERM BORROWINGS

 

Loans from Related Parties

 

Ramkrishna Mankari

0.500

Mukta Mankari

0.100

 

 

Total

 

0.600

 

 

CORPORATE INFORMATION

 

Subject has been incorporated in 2013. It provides various services in all types of industries, companies, firms, projects in the field of catering, housekeeping, maintenance, repairs, cleaning, manpower supply, accounting, book keeping, licensing, outsourcing of all services required by them. The Company’s Registered Office is in Aundh, Pune. It renders services outside India i.e. Offshore Services on Ships.

 

 

OPERATIONS

 

The Operation of the Company is not yet started.


FIXED ASSETS:

 

·         Computers

·         Office Equipment

 

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. 65.79

UK Pound

1

Rs. 99.95

Euro

1

Rs. 71.55

 

 

INFORMATION DETAILS

 

Information Gathered by :

NYA

 

 

Analysis Done by :

RAS

 

 

Report Prepared by :

BVA

 

 

SCORE & RATING EXPLANATIONS

 

SCORE FACTORS

 

RANGE

POINTS

HISTORY

1~10

2

PAID-UP CAPITAL

1~10

2

OPERATING SCALE

1~10

1

FINANCIAL CONDITION

 

 

--BUSINESS SCALE

1~10

1

--PROFITABILIRY

1~10

1

--LIQUIDITY

1~10

1

--LEVERAGE

1~10

1

--RESERVES

1~10

1

--CREDIT LINES

1~10

1

--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

NO

--LISTED

YES/NO

NO

--OTHER MERIT FACTORS

YES/NO

YES

DEFAULTER

 

 

--RBI

YES/NO

NO

--EPF

YES/NO

NO

TOTAL

 

11

 

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.