MIRA INFORM REPORT
|
Report No. : |
350732 |
|
Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
SAIDEEP HEALTHCARE AND RESEARCH PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
S. No.104/A/2 to 104 A/2/1, Behind Yeshwant Colony, 43/46, Mahavir Nagar, Savedi Road, Opposites Nirmal Apartments, Ahmednagar s- 414001, Maharashtra |
|
Tel. No.: |
91-241-2324888 |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2015 |
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|
|
|
Date of
Incorporation : |
18.04.2012 |
|
|
|
|
Com. Reg. No.: |
11-143004 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 40.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74999PN2012PTC143004 |
|
|
|
|
IEC No.: |
Not Applicable (Note:- As claimed by company management chat company
does not export and import) |
|
|
|
|
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
: |
Providing healthcare services |
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|
|
|
No. of Employees
: |
40 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
B (26) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Yet to commence its commercial operation |
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|
|
|
Payment Behaviour : |
Unknown |
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|
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Litigation : |
Clear |
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Comments : |
Even though the company was incorporated in the year 2012 the company
is yet to commence with its commercial operation. Mr. Kiran Maniyar (Chartered Accountant) provided general information
and also claimed that the company will commence its commercial operation from
15th August 2017. Company has not started its operational activities it has other income
of Rs. 0.123 million and profit of Rs. 0.170 Million. It has pre-operative
expenses which has resulted into accumulated losses during years. However, capital base of the company is strong backed by zero
borrowings till date. Payments are unknown. The company can be considered for business dealings with great
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 |
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
31-03-2015.
INFORMATION PARTED BY
|
Name : |
Mr. Kiran Maniyar |
|
Designation : |
Chartered Accountant |
|
Contact No.: |
91-9823289222 |
|
Date : |
19.11.2015 |
LOCATIONS
|
Registered Office : |
S. No.104/A/2 to 104 A/2/1, Behind Yeshwant Colony, 43/46, Mahavir Nagar, Savedi Road, Opposites Nirmal Apartments, Ahmednagar s- 414001, Maharashtra, India |
|
Tel. No.: |
91-241-2324888 |
|
Mobile No.: |
91-9822037288 (Mr. Kiran Maniyar) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Location : |
Owned |
|
Location : |
Commercial |
DIRECTORS
As on: 14.10.2013
|
Name : |
Mr. Ravindra Jagannath Somani |
|
Designation : |
Director |
|
Address : |
Adarsh Colony, Near Professor Colony, Bhagyoday
Society, Savedi, Ahmednagar, 414003, Maharashtra, India |
|
Date of Birth |
16.09.1960 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
00193551 |
|
|
|
|
Name : |
Mr. Harmeetsingh Balwantsingh Kathuriya |
|
Designation : |
Director |
|
Address : |
Viraj Colony, Opposites Tarakpur Bus Stand,
Ahmednagar, 414001, Maharashtra, India |
|
Date of Birth |
20.06.1967 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
00631413 |
|
|
|
|
Name : |
Mr. Ramnath Radhakisan Dhoot |
|
Designation : |
Director |
|
Address : |
1540, Kings Gate, Ahmednagar, 414001,
Maharashtra, India |
|
Date of Birth |
27.01.1950 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
01378147 |
|
|
|
|
Name : |
Mr. Deepak Subrahmanyam Siddhavaram |
|
Designation : |
Director |
|
Address : |
43/46, Mahavir Nagar, Savedi Road,
Ahmednagar, 414003, Maharashtra, India |
|
Date of Birth |
24.08.1950 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
00631393 |
|
|
|
|
Name : |
Mr. Kailash Ramdhan Jhalani |
|
Designation : |
Director |
|
Address : |
Jhalani Hospital, Near Tv Centre, Savedi,
Ahmednagar, 414003, Maharashtra, India |
|
Date of Birth |
06.05.1960 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
00631406 |
|
|
|
|
Name : |
Mr. Anilkumar Murlidhar Kurhade |
|
Designation : |
Director |
|
Address : |
Dhanwantari , House No-453, Mahavir Nagar,
Gaikwad Mala , Savedi, Ahmednagar, 414003, Maharashtra, India |
|
Date of Birth |
22.11.1954 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
05245695 |
|
|
|
|
Name : |
Mr. Shamsundar Ramkrishna Kekade |
|
Designation : |
Director |
|
Address : |
Plot No 13 , Dalvi Mala, Shilavihar ,
Vasant Tekadi, Ahmednagar, 414003, Maharashtra, India |
|
Date of Birth |
12.07.1949 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
05245732 |
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|
|
|
Name : |
Mr. Vasant Shantilal Kataria |
|
Designation : |
Director |
|
Address : |
452, Chaupaty Karanja, Near Shree Datt,
Mandir, Ahmednagar, 414001, Maharashtra, India |
|
Date of Birth |
07.10.1955 |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
00631411 |
|
|
|
|
Name : |
Mr. Vijaykumar Despande Narayanrao |
|
Designation : |
Additional Director |
|
Address : |
'Shantakaram', Vashant Vihar Society,,
Shilavihar, Virsavarkar Marg, Vasant Tekadi, Ahmendnagar, 414003,
Maharashtra, India |
|
Date of Appointment : |
03.02.2015 |
|
DIN No.: |
00385867 |
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|
|
|
Name : |
Mrs. Sangita Shirish Kulkarni |
|
Designation : |
Additional Director |
|
Address : |
Gulmohar, Next To Hotel Rama Savedi Road,
Ahmednagar, 414003, Maharashtra, India |
|
Date of Appointment : |
03.02.2015 |
|
DIN No.: |
07079829 |
|
|
|
|
Name : |
Mr. Kiran Deepak Siddhavaram |
|
Designation : |
Additional Director |
|
Address : |
43 / 46, Near Zopadi Canteen,, Opp. Nirmal Appartment,
Mahavir Nagar, Savedi,, Ahmednagar, 414003, Maharashtra, India |
|
Date of Appointment : |
03.02.2015 |
|
DIN No.: |
00769919 |
|
|
|
|
Name : |
Mrs. Vaishali Kiran Siddhavaram |
|
Designation : |
Additional Director |
|
Address : |
43/46 , Mahaveer Nagar, Savedi Road,
Ahmednagar, 414001, Maharashtra, India |
|
Date of Appointment : |
03.02.2015 |
|
DIN No.: |
06848550 |
|
|
|
|
Name : |
Mr. Rahul
Ramnath Dhoot |
|
Designation : |
Additional Director |
|
Address : |
Ramchandra Khunt Ghar 1540, Kings Gate,
Ahmednagar, 414001, Maharashtra, India |
|
Date of Appointment : |
03.02.2015 |
|
DIN No.: |
07079816 |
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|
|
|
Name : |
Mr. Ashwin Kailash Jhalani |
|
Designation : |
Additional Director |
|
Address : |
Jhalani Hospital, Behind T Tv Center
Sawedi, Ahmednagar, 414003, Maharashtra, India |
|
Date of Appointment : |
03.02.2015 |
|
DIN No.: |
07079836 |
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|
|
|
Name : |
Mr. Nisarahmed Gulab Shaikh |
|
Designation : |
Additional Director |
|
Address : |
Nisar Hospital Ghar No.17/1,63 Ganesh Chouk, Civhil Hudco Sawedi,
Ahmednagar, 414003, Maharashtra, India |
|
Date of Appointment : |
18.04.2012 |
|
DIN No.: |
07079820 |
KEY EXECUTIVES
|
Name : |
Mr. Kiran Maniyar |
|
Designation : |
Chartered Accountant |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
LIST OF ALLOTTEES
As on: 21.03.2014
|
Names of Shareholders |
|
No. of Shares |
|
Ravindra Jagannath Somani |
|
1135 |
|
Harmeetsingh Balwantsingh Kathuriya |
|
1299 |
|
Ramnath Radhakisan Dhoot |
|
860 |
|
Deepak Subrahmanyam Sidhavaram |
|
1578 |
|
Kailash R. Jhalani |
|
175 |
|
Anil Kumar Murlidhar Kurhade |
|
595 |
|
Shamsundar Ramkrishna Kekade |
|
1299 |
|
Vasant S. Kataria |
|
647 |
|
Vijay kumar Deshpande |
|
1304 |
|
Dr. Rahul Dhoot |
|
550 |
|
Dr. Nisarahmed Shaikh |
|
577 |
|
Dr. Sangita Shirish |
|
652 |
|
Dr Kiran Deepak |
|
1600 |
|
Dr. Vaishali Siddhavaram |
|
600 |
|
Ramnath Dhoot (HUF) |
|
550 |
|
Dr. Rohit Dhoot |
|
550 |
|
Dr. Iqbal S.M. |
|
727 |
|
Mrs. Anita Kailas Jhalani |
|
200 |
|
Jhalani Kailash Ramdhan (HUF) |
|
625 |
|
Mrs. Lata Vasant Kataria |
|
625 |
|
Mrs. Rohini Kurhade |
|
704 |
|
Jyoti Siddhavaram |
|
1100 |
|
Rashmi Deepak |
|
600 |
|
Mrs. Sunanda Somani |
|
100 |
|
Total |
|
18652 |
As on: 14.10.2013
|
Names of Shareholders |
|
No. of Shares |
|
Ravindra Jagannath Somani |
|
15 |
|
Harmeetsingh Balwantsingh Kathuriya |
|
5 |
|
Ramnath Radhakisan Dhoot |
|
15 |
|
Deepak Subrahmanyam Sidhavaram |
|
25 |
|
Kailash R. Jhalani |
|
25 |
|
Anil Kumar Murlidhar Kurhade |
|
5 |
|
Shamsundar Ramkrishna Kekade |
|
5 |
|
Vasant S. Kataria |
|
5 |
|
Total |
|
100 |
Equity Share Break up (Percentage of Total Equity)
|
Category |
Percentage |
|
Directors or relatives of Directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Providing healthcare services |
|
|
|
|
Products : |
--- |
|
|
|
|
Brand Names : |
Not Divulged |
|
|
|
|
Agencies Held : |
Not Divulged |
|
|
|
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Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
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|
|
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Terms : |
|
|
Selling : |
Cash and Credit (30/60/90 Days) |
|
|
|
|
Purchasing : |
Cash and Credit (30/60/90 Days) |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
End Users and OEMs
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No. of Employees : |
40 (Approximately) |
||||||||||||||||||||||
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Bankers : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Kanakiya and Mehta Associates Chartered Accountants |
|
Address : |
Above Bhalero Transport, Juna Dane Dabra, Ahmednagar - 414001,
Maharashtra, India |
|
PAN: |
ABJPM0981E |
|
|
|
|
Memberships : |
-- |
|
|
|
|
Collaborators : |
-- |
|
|
|
|
Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
As on: 31.03.2015
Authorised Capital: Not Available
Issued, Subscribed & Paid-up Capital: Rs. 40.000 Million
As on: 31.03.2013
Authorised Capital:
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000 |
Equity Shares |
Rs.100/- each |
Rs. 0.100 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000 |
Equity Shares |
Rs.100/- each |
Rs. 0.100 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
40.000 |
18.752 |
0.100 |
|
(b) Reserves & Surplus |
(0.003) |
(0.021) |
(0.020) |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
2.548 |
20.922 |
|
Total
Shareholders’ Funds (1) + (2) |
39.997 |
21.279 |
21.002 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
7.394 |
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) |
7.394 |
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current
Liabilities |
|
|
|
|
(a) Short
term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
0.051 |
0.000 |
0.000 |
|
(c) Other
current liabilities |
0.000 |
0.000 |
0.000 |
|
(d) Short-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Current
Liabilities (4) |
0.051 |
0.000 |
0.000 |
|
|
|
|
|
|
TOTAL |
47.442 |
21.279 |
21.002 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
33.411 |
19.175 |
17.571 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other
Non-current assets |
12.450 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
45.861 |
19.175 |
17.571 |
|
|
|
|
|
|
(2) Current
assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
0.000 |
0.000 |
0.000 |
|
(d) Cash
and cash equivalents |
0.971 |
0.085 |
1.423 |
|
(e) Short-term
loans and advances |
0.000 |
2.011 |
2.000 |
|
(f) Other
current assets |
0.610 |
0.008 |
0.008 |
|
Total
Current Assets |
1.581 |
2.104 |
3.431 |
|
|
|
|
|
|
TOTAL |
47.442 |
21.279 |
21.002 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
0.124 |
0.000 |
0.000 |
|
|
|
Other Income |
0.000 |
0.000 |
0.000 |
|
|
|
TOTAL (A) |
0.124 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
0.000 |
0.000 |
0.000 |
|
|
|
Purchases of Stock-in-Trade |
0.000 |
0.000 |
0.000 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
0.000 |
0.000 |
0.000 |
|
|
|
Employees benefits expense |
0.000 |
0.000 |
0.000 |
|
|
|
Other expenses |
0.106 |
0.001 |
0.020 |
|
|
|
TOTAL (B) |
0.106 |
0.001 |
0.020 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
0.018 |
(0.001) |
(0.020) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND
AMORTISATION (C-D) (E) |
0.018 |
(0.001) |
(0.020) |
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION (F) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX (E-F)
(G) |
0.018 |
(0.001) |
(0.020) |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX (G-H) (I) |
0.018 |
(0.001) |
(0.020) |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net Cash flows from operating activities |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin (PAT / Sales) |
(%) |
14.52 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
14.52 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
0.04 |
0.00 |
(0.10) |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
31.00 |
0.00 |
0.00 |
FINANCIAL ANALYSIS
[all figures are
in Rupees Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Share Capital |
0.100 |
18.752 |
40.000 |
|
Reserves & Surplus |
(0.020) |
(0.021) |
(0.003) |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
20.922 |
2.548 |
0.000 |
|
Net worth |
21.002 |
21.279 |
39.997 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity ratio |
0.000 |
0.000 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Sales |
0.000 |
0.000 |
0.124 |
|
|
|
0.000 |
0.000 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
(Rs. In Million) |
(Rs. In Million) |
(Rs. In Million) |
|
Sales |
0.000 |
0.000 |
0.124 |
|
Profit/ (Loss) |
(0.020) |
(0.001) |
0.018 |
|
|
0.00% |
0.00% |
14.52% |
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 |
Yes |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
Yes |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
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 |
Yes |
|
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 |
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.66.11 |
|
|
1 |
Rs.101.03 |
|
Euro |
1 |
Rs.70.78 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
MTN |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
3 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
2 |
|
FINANCIAL
CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
2 |
|
--PROFITABILITY |
1~10 |
3 |
|
--LIQUIDITY |
1~10 |
3 |
|
--LEVERAGE |
1~10 |
3 |
|
--RESERVES |
1~10 |
3 |
|
--CREDIT LINES |
1~10 |
2 |
|
--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 |
|
26 |
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.