MIRA INFORM REPORT

 

 

Report No. :

344123

Report Date :

06.10.2015

 

IDENTIFICATION DETAILS

 

Name :

MIST & OZ TECHNOLOGIES PRIVATE LIMITED

 

 

Registered Office :

165, Mohkarmpur Industrial Area, Phase-1, Opposite Mukut Banquet Hall, Delhi Road, Meerut – 250002, Uttar Pradesh

Mob. No.:

91-9457679758 (Mr. Sunny Goel)

 

 

Country :

India

 

 

Financials (as on) :

Not Divulged

 

 

Date of Incorporation :

13.10.2014

 

 

Com. Reg. No.:

20-066532

 

 

Capital Investment / Paid-up Capital :

Rs. 0.100 Million

 

 

CIN No.:

[Company Identification No.]

U74120UP2014PTC066532

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

Not Available

 

 

PAN No.:

[Permanent Account No.]

AAJCM4206A

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Manufacturer of air quality management system, water treatment system.

 

 

No. of Employees :

22 (Approximately) [In office: 6; In Factory: 12; In Branch: 4]

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

NB

New Business

 

Status :

New Business

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

 

Comments :

Subject is a new company incorporated on 13th October 2014.

 

Mr. Sunny Goel (Director) claimed that subject had started its business activity from April 2015. Further he provided all general information. Payment terms are not known.

 

In view of newly started operations, the company can be considered for business dealings with fully 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

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. Sunny Goel

Designation :

Director

Contact No.:

91-9457679758

Date :

06.10.2015

 

 

LOCATIONS

 

Registered Office/ Factory :

165, Mohkarmpur Industrial Area, Phase-1, Opposite Mukut Banquet Hall, Delhi Road, Meerut – 250002, Uttar Pradesh, India

Tel. No.:

91-121-6500180/ 91-120-6888832

Mobile No.:

91-9457679758 (Mr. Sunny Goel)

Fax No.:

Not Available

E-Mail :

info@mistandoz.com 

marketing@mistandoz.com

Website :

http://www.mistandoz.com

Area :

2500 sq. mtr.

Locality :

Commercial

 

 

Branch Office :

B-34, Sector 64, Noida – 201301, Uttar Pradesh, India

 

 

DIRECTORS

 

AS ON 10.09.2014

 

Name :

Chetan Rawat

Designation :

Director

Address :

C/243, G.H.B. Hariom Nagar Soc., Pandesara, Surat – 394210, Gujarat, India

Date of Birth/Age :

01.12.1987

Qualification :

B. Tech

Experience :

5 Years

Date of Appointment :

13.10.2014

DIN No.:

06873594

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U29253UP2014PTC065294

OZONE AIR-ENGINEERING PRIVATE LIMITED

Director

05/08/2014

05/08/2014

-

Active

NO

2

U74120UP2014PTC066532

MIST & OZ TECHNOLOGIES PRIVATE LIMITED

Director

13/10/2014

13/10/2014

-

Active

NO

3

U29253UP2015PTC071225

USHMA ELECTRO-TECH PRIVATE LIMITED

Director

08/06/2015

08/06/2015

-

Active

NO

 

 

Name :

Santosh Kumar

Designation :

Director

Address :

10 Vishva Enclave, Delhi Road, Meerut – 250002, Uttar Pradesh, India

Date of Birth/Age :

28.03.1960

Qualification :

M.A.

Experience :

30 Years

Date of Appointment :

13.10.2014

DIN No.:

06956861

 

 

Name :

Sunny Goel

Designation :

Director

Address :

10 Vishwa Enclave, Delhi Road, Meerut – 250002, Uttar Pradesh, India

Date of Birth/Age :

04.09.1987

Qualification :

MBA

Experience :

5  Years

Date of Appointment :

13.10.2014

DIN No.:

06957325

Other Directorship :

S.No.

CIN/LLPIN

Name of the Company/ LLP

Current designation of the Director/ Designated Partner

Date of appointment at current designation

Original date of appointment

Date of cessation

Company/ LLP Status

Defaulting status

1

U74120UP2014PTC066532

MIST & OZ TECHNOLOGIES PRIVATE LIMITED

Director

13/10/2014

13/10/2014

-

Active

NO

2

U29253UP2015PTC071225

USHMA ELECTRO-TECH PRIVATE LIMITED

Director

08/06/2015

08/06/2015

-

Active

NO

 

 

MAJOR SHAREHOLDERS

 

AS ON 18.09.2014

 

Names of Shareholders

No. of Shares

% of Holdings

Santosh Kumar

2500

25.00

Sunny Goel

3750

37.50

Chetan Rawat

3750

37.50

 

 

 

Total

10000

100.00

 

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturer of air quality management system, water treatment system

 

 

Products :
  • Ultrasonic Mumidifors
  • Ozone Generators
  • Water Treatment Systems
  • AQMS

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Cash and Credit (15 days)

 

 

Purchasing :

Cash

 

 

GENERAL INFORMATION

 

Suppliers :

Not Divulged

Reference :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Experience :

Not Divulged

Maximum Limit Dealt :

Not Divulged

 

 

Customers :

Not Divulged

Reference :

Not Divulged

Name of the Person :

Not Divulged

Contact No.:

Not Divulged

Since How Long Known :

Not Divulged

Experience :

Not Divulged

Maximum Limit Dealt :

Not Divulged

 

 

No. of Employees :

22 (Approximately) [In office: 6; In Factory: 12; In Branch: 4]

 

 

Bankers :

Banker Name

ICICI Bank Limited

Branch Address

Sector – 63, Noida, Uttar Pradesh, India

Person Name (With Designation)

Raj Dubey (Sales Head)

Contact Number

91-8527495174

Name of Account Holder

081605005421

Account Number

Not Divulged

Account Since (Date/Year of Account Opening)

June 2015

Average Balance Maintained (If Possible)

Not Divulged

Credit Facilities Enjoyed (If any)

Nil

Account Operation

Jointly by Two

Remarks (If any)

Not Divulged

 

 

 

Auditors :

 

Name :

Neeraj Varshney

Chartered Accountant

Address :

Sector – 12, Noida, Uttar Pradesh, India

Mob. No.:

91-9899166417

E-Mail :

caneerajvarshney@gmail.com

 

 

Memberships :

--

 

 

Collaborators :

--

 

 

Associates/Subsidiaries :

Sri Agro Industries

Address: 66/32A Monkampur, Delhi Road, Meerut, Uttar Pradesh, India

Line of Business: Pumps, Centrifugal Pumps, Ozonations Systems etc.

 

 

CAPITAL STRUCTURE

 

Authorised Capital:

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs. 0.100 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital:

No. of Shares

Type

Value

Amount

 

 

 

 

10000

Equity Shares

Rs.10/- each

Rs. 0.100 Million

 

 

 

 

 

 

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

Yes

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

Yes

18

Major suppliers

No

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

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

 

 

 

 

TRADE REFERENCES

 

 

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. 65.29

UK Pound

1

Rs. 99.31

Euro

1

Rs. 73.39

 

 

INFORMATION DETAILS

 

Information Gathered by :

SVA

 

 

Analysis Done by :

KIN

 

 

Report Prepared by :

JYO

 

 

 

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.