MIRA INFORM REPORT
|
Report No. : |
347217 |
|
Report Date : |
28.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
ANISH PHARMAEQUIP PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
C-6, Shardashram, Bhavani Shankar Road, Dadar (West), Mumbai – 400028,
Maharashtra |
|
Tel. No.: |
91-22-24311394 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2014 |
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|
|
|
Date of
Incorporation : |
31.07.1990 |
|
|
|
|
Com. Reg. No.: |
11-057521 |
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|
|
|
Capital
Investment / Paid-up Capital : |
Rs. 2.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29290MH1990PTC057521 |
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|
|
|
IEC No.: |
0303020822 |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
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PAN No.: [Permanent Account No.] |
AABCA5280C |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
Manufacturer, Exporter and Supplier of advanced range of
Pharmaceutical Machinery. |
|
|
|
|
No. of Employees
: |
100 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (44) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
USD 69700 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
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Payment Behaviour : |
Usually Correct |
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|
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Litigation : |
Clear |
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|
Comments : |
Subject is an established company incorporated in the year 1990. It is
having satisfactory track. As per Registrar of Companies the date of balance sheet (i.e.
financial filed) is shown as 31.03.2015 but documents related to financial
for the year ending 2015 is not available from any source. As per the financials of the year 2014, the company has reported
decent revenue base and has reported fair profit margin from its operations.
Further, the company has adequate networth base along with comfortable debt
level. Trade relations are fair. Business is active. Payment terms are
reported to be usually correct. In view of aforesaid, the company can be considered for business
dealings with usual 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 |
CRISIL |
|
Rating |
Long Term Rating=BB |
|
Rating Explanation |
Inadequate credit quality and high credit
risk |
|
Date |
18.02.2015 |
|
|
|
|
Rating Agency Name |
CRISIL |
|
Rating |
Short Term Rating=A4+ |
|
Rating Explanation |
Minimal degree of safety and very high
credit risk |
|
Date |
18.02.2015 |
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. Mahendra |
|
Designation : |
Finance Department |
|
Contact No.: |
91-9422256841 |
|
Date : |
27.10.2015 |
LOCATIONS
|
Registered Office : |
C-6, Shardashram, Bhavani Shankar Road, Dadar (West), Mumbai – 400028,
Maharashtra, India |
|
Tel. No.: |
91-22-24311394 |
|
Mobile No.: |
91-9422256841 (Mr. Mahendra) |
|
Fax No.: |
Not Available |
|
E-Mail : |
marketing@anishpharma.com
|
|
Website : |
|
|
Location : |
Owned |
|
Locality : |
Industrial |
|
|
|
|
Factory : |
G-68, MIDC Ambad, Nashik-422010, Maharashtra, India |
|
Tel. No.: |
91-253-2381831/ 2380337 |
DIRECTORS
AS ON 30.09.2014
|
Name : |
Mr. Ravindra Suresh Samant |
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|
Designation : |
Director |
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|
Address : |
15, Raghawalaya Park, Chitanya Nagar, Gangapur Road, Nashik- 422013,
Maharashtra, India |
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|
Date of Appointment : |
15.04.2004 |
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DIN No.: |
00664576 |
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Other Directorship :
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Name : |
Mr. Janardan Atmaram Gawde |
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|
Designation : |
Director |
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|
Address : |
21, Krushnabhoomi, Ambad, Near Ambad Police Station, Nasik-422010,
Maharashtra, India |
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|
Date of Appointment : |
31.07.1990 |
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DIN No.: |
00668447 |
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Other Directorship :
|
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|
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|
Name : |
Mr. Yogendra Suresh Samant |
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|
Designation : |
Director |
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|
Address : |
F. No. 18, B. No. 5, Tirupati Town, Near Akashwani Tower, Gangapur
Road, Nashik- 422013, Maharashtra, India |
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|
Date of Appointment : |
31.07.1990 |
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|
DIN No.: |
01568259 |
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KEY EXECUTIVES
|
Name : |
Mr. Mahendra |
|
Designation : |
Finance Department |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2014
|
Names of Shareholders |
No. of Shares |
Percentage of Holding |
|
Janardan A Gawade |
8324 |
33.30 |
|
Ravindra Suresh Samant |
8324 |
33.30 |
|
Yogendra Suresh Samant |
8352 |
33.41 |
|
Total |
25000 |
100.00 |
AS ON 30.09.2014
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Directors
or relatives of directors |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer, Exporter and Supplier of advanced range of
Pharmaceutical Machinery. |
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|
|
|
Brand Names : |
-- |
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|
|
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Agencies Held : |
-- |
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Exports : |
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Products : |
Finished Goods |
|
Countries : |
· China · USA · Australia |
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Imports : |
|
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Products : |
-- |
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Countries : |
-- |
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Terms : |
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Selling : |
Cash, L/C and Credit |
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Purchasing : |
Cash, L/C and Credit |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
Wholesalers, Retailers, End Users OEMs
· Sun Pharma · Genmark · Alkem · Inventia · Ranbaxy Laboratories Limited |
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No. of Employees : |
100 (Approximately) |
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Bankers : |
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Facilities : |
-- |
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Banking
Relations : |
-- |
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|
|
|
Auditors : |
|
|
Name : |
Mr. Prashant Kulkarni Chartered Accountant |
|
Address : |
1583, Kanade Maruti Lane, Nashik-422001, Maharashtra, India |
|
Tel. No.: |
91-253-2509856 |
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Mobile No.: |
91-9422257596 |
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Income-tax
PAN of auditor or auditor's firm : |
AARPK5266H |
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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 |
|
|
|
|
|
|
75,000 |
Equity Shares |
Rs. 100/- each |
Rs. 7.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25,000 |
Equity Shares |
Rs. 100/- each |
Rs. 2.500
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
2.500 |
2.500 |
2.500 |
|
(b) Reserves & Surplus |
21.927 |
13.516 |
11.264 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
0.000 |
0.133 |
0.133 |
|
Total
Shareholders’ Funds (1) + (2) |
24.427 |
16.149 |
13.897 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
1.188 |
1.354 |
1.573 |
|
(b) Deferred tax liabilities (Net) |
0.669 |
0.101 |
0.087 |
|
(c)
Other long term liabilities |
0.824 |
0.167 |
0.198 |
|
(d)
long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
2.681 |
1.622 |
1.858 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
49.117 |
26.305 |
23.065 |
|
(b)
Trade payables |
56.320 |
29.207 |
22.526 |
|
(c)
Other current liabilities |
40.204 |
20.049 |
24.227 |
|
(d)
Short-term provisions |
8.889 |
4.584 |
5.857 |
|
Total
Current Liabilities (4) |
154.530 |
80.145 |
75.675 |
|
|
|
|
|
|
TOTAL |
181.638 |
97.916 |
91.430 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
20.379 |
5.057 |
5.452 |
|
(ii)
Intangible Assets |
0.941 |
0.038 |
0.043 |
|
(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 |
14.913 |
1.680 |
2.526 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
36.233 |
6.775 |
8.021 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
56.885 |
42.977 |
32.950 |
|
(c)
Trade receivables |
26.135 |
16.479 |
28.855 |
|
(d)
Cash and cash equivalents |
39.690 |
22.556 |
12.757 |
|
(e)
Short-term loans and advances |
6.987 |
2.510 |
2.365 |
|
(f)
Other current assets |
15.708 |
6.619 |
6.482 |
|
Total
Current Assets |
145.405 |
91.141 |
83.409 |
|
|
|
|
|
|
TOTAL |
181.638 |
97.916 |
91.430 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
SALES |
|
|
|
|
|
|
|
Turnover |
259.237 |
105.148 |
84.354 |
|
|
|
Other Income |
NA |
NA |
NA |
|
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
TOTAL |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
Less |
TAX |
NA |
NA |
NA |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
8.455 |
2.359 |
2.143 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export of Goods |
16.362 |
1.256 |
20.621 |
|
|
TOTAL EARNINGS |
16.362 |
1.256 |
20.621 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Components and Spare Parts |
0.514 |
0.454 |
0.923 |
|
|
TOTAL IMPORTS |
0.514 |
0.454 |
0.923 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (Rs.) |
338.21 |
94.35 |
85.73 |
|
|
PARTICULARS |
|
|
31.03.2015 |
|
Sales Turnover (Approximately) |
|
|
320.000 |
|
|
|
|
|
The above information has been parted by Mr. Mahendra (Finance
Department)
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
0.160 |
0.245 |
0.367 |
|
|
|
|
|
|
Cash Generated from Operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net Cash Flow from used in Operations |
NA |
NA |
NA |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin (PAT / Sales) |
(%) |
3.26 |
2.24 |
2.54 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt/Networth) |
|
2.07 |
1.73 |
1.80 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
0.94 |
1.14 |
1.10 |
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 |
2.500 |
2.500 |
2.500 |
|
Reserves & Surplus |
11.264 |
13.516 |
21.927 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.133 |
0.133 |
0.000 |
|
Net
worth |
13.897 |
16.149 |
24.427 |
|
|
|
|
|
|
Long-term borrowings |
1.573 |
1.354 |
1.188 |
|
Short term borrowings |
23.065 |
26.305 |
49.117 |
|
CURRENT MATURITIES OF
LONG-TERM DEBTS |
0.367 |
0.245 |
0.160 |
|
Total
borrowings |
25.005 |
27.904 |
50.465 |
|
Debt/Equity
ratio |
1.799 |
1.728 |
2.066 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
84.354 |
105.148 |
259.237 |
|
|
|
24.651 |
146.545 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
(Rs.
In Million) |
(Rs.
In Million) |
(Rs.
In Million) |
|
Sales |
84.354 |
105.148 |
259.237 |
|
Profit |
2.143 |
2.359 |
8.455 |
|
|
2.54% |
2.24% |
3.26% |
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 |
No |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
No |
|
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) |
Yes |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
|
|
18 |
Major suppliers |
Yes |
|
19 |
Major customers |
Yes |
|
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 |
No |
|
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 |
INDEX OF CHARGES
|
S.NO. |
CHARGE ID |
DATE OF CHARGE CREATION/MODIFICATION |
CHARGE AMOUNT SECURED |
CHARGE HOLDER |
ADDRESS |
SERVICE REQUEST NUMBER (SRN) |
|
1 |
90354663 |
17/11/2014 * |
107,500,000.00 |
UNION BANK OF INDIA |
B - 50, A - ROAD, NICE, MIDC, SATPUR, NASHIK- 422007, MAHARASHTRA, INDIA |
C33815283 |
* Date of charge modification
CHANGE OF ADDRESS:
The Registered Office of the company has been shifted from C-5, Shardashram,
Bhavani Shankar Road, Dadar, Mumbai – 400028, Maharashtra, India to the present
address w.e.f 20.03.2007
FIXED ASSETS:
Tangible Assets
·
Land
·
Buildings
·
Plant and Equipment
·
Furniture and Fixtures
·
Electrical Installation
·
Office Equipment
·
Computer
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 records 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. 64.96 |
|
|
1 |
Rs. 99.73 |
|
Euro |
1 |
Rs. 71.84 |
INFORMATION DETAILS
|
Information
Gathered by : |
KMN |
|
|
|
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
IND |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
5 |
|
PAID-UP CAPITAL |
1~10 |
5 |
|
OPERATING SCALE |
1~10 |
5 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
5 |
|
--PROFITABILIRY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
5 |
|
--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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
44 |
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.