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Report No. : |
347499 |
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Report Date : |
29.10.2015 |
IDENTIFICATION DETAILS
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Name : |
SUNDIAL CORP LLP |
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Registered
Office : |
127, Jolly Maker Chambers No.2, Nariman
Point, Mumbai – 400021, |
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Tel. No.: |
91-22-22872098 |
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Country : |
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Financials (as
on) : |
December 2014 to October 2015 |
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Date of
Incorporation : |
23.06.2014 |
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Total Obligation
of Contribution: |
Rs. 0.100 Million |
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LLPIN : |
AAC-3932 |
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IEC No.: |
Not Available |
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TIN No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
MUMS81310F |
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PAN No.: [Permanent Account No.] |
ACOFS9524G |
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Legal Form : |
Limited Liability Partnership |
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Line of Business
: |
Commission agent of reliance industries limited |
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No. of Employees
: |
18 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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NB |
New Business |
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Status : |
New Business |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject was established on 23th June, 2014 as a LLP and it has started its business activities from December, 2014. Mr. Rakesh Garg, Accountant of the subject has provided information to us. And further he also claimed that the concern business activities has been started from December 2014 and it has achieve sales turnover of Rs.8.500 million from December 2014 to March 2015, which has not been verified. However, trade relation are improving. Business is active. Payments terms are unknown. In view of infancy, the LLP can be considered for the business dealings with safe and secure trade terms and conditions. Note:- As per Registrar, the last financial year ended date for which Annual Return Filed is shown as 31th March 2015, but it has not been made available from any source. |
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) |
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|
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
EXTERNAL AGENCY RATING
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Rating Agency Name |
Not Available |
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Rating |
Not Available |
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Rating Explanation |
Not Available |
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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. Rakesh Garg |
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Designation : |
Accountant |
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Contact No.: |
91-22-66281144 |
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Date : |
28.10.2015 |
LOCATIONS
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Registered Office : |
127, Jolly Maker Chambers No.2, Nariman
Point, Mumbai – 400021, |
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Tel. No.: |
91-22-22872098 / 22872614 |
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Fax No.: |
91-22-22872614 |
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E-Mail : |
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Location: |
Rented |
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Locality: |
Commercial |
PARTNERS
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Name : |
Mr. Bimal Jhunjhunwala |
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Designation : |
Designated Partner |
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Address : |
1003, Pleasant Palace, 16, |
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Date of Birth/Age: |
10.05.1969 |
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Date of Appointment : |
23.06.2014 |
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DPIN No.: |
00075673 |
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Name : |
Mr. Vikas Jhunjhunwala |
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Designation : |
Designated Partner |
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Address : |
1003, Pleasant Palace, 16, |
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Date of Appointment : |
23.06.2014 |
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DPIN No.: |
00075712 |
KEY EXECUTIVES
|
Name : |
Mr. Rakesh Garg |
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Designation : |
Accountant |
CONTRIBUTION DETAILS
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Names of Partners |
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Rs. In Million |
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Bimal Jhunjhunwala |
|
0.019 |
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Vikas Jhunjhunwala |
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0.019 |
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Anjali Jhunjhunwala |
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0.019 |
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Ashadevi Bimal
Kumar Jhunjhunwala |
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0.019 |
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Anav Vikas Jhunjhunwala |
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0.019 |
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Sundial Investments Private Limited, |
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0.005 |
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Total |
|
0.100 |
BUSINESS DETAILS
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Line of Business : |
Commission agent of reliance industries limited |
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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 : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Cheque |
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Purchasing : |
Cheque |
GENERAL INFORMATION
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Suppliers : |
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Customers : |
Retailers and End Users
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No. of Employees : |
18 (Approximately) |
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Bankers : |
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Auditors : |
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Name : |
Kucheria and Associates Chartered Accountants |
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Address : |
Jolly Maker Chamber – 2, Nariman Point,
Mumbai – 400021, |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Sister Concern : |
Sundial Investments Private Limited, |
CAPITAL STRUCTURE
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Total Obligation
of Contribution |
Rs. 0.100 Million |
FINANCIAL DATA
[all figures are in Rupees Million]
|
Particulars |
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December 2014 to
October 2015 10 Months |
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Sales Turnover (Approximately) |
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8.500 |
Expected Sales (2015-2016) : Rs.20.000 Million
The above information has been partedby Mr. Rakesh Garg
Note : Sole Proprietary and Partnership concerns
are exempted from filing their financials with the Government Authorities or
Registry.
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
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2 |
Constitution of the entity -Incorporation
details |
Yes |
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3 |
Locality of the entity |
Yes |
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4 |
Premises details |
No |
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5 |
Buyer visit details |
-- |
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6 |
Contact numbers |
Yes |
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7 |
Name of the person contacted |
Yes |
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8 |
Designation of contact person |
Yes |
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9 |
Promoter’s background |
Yes |
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10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
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11 |
Pan Card No. of Proprietor / Partners |
No |
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12 |
Voter Id Card No. of Proprietor / Partners |
No |
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13 |
Type of business |
Yes |
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14 |
Line of Business |
Yes |
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15 |
Export/import details (if applicable) |
No |
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16 |
No. of employees |
Yes |
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17 |
Details of sister concerns |
Yes |
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18 |
Major suppliers |
Yes |
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19 |
Major customers |
Yes |
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20 |
Banking Details |
Yes |
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21 |
Banking facility details |
Yes |
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22 |
Conduct of the banking account |
-- |
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23 |
Financials, if provided |
Yes |
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24 |
Capital in the business |
Yes |
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25 |
Last accounts filed at ROC, if applicable |
No |
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26 |
Turnover of firm for last ten Months |
Yes |
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27 |
Reasons for variation <> 20% |
-- |
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28 |
Estimation for coming financial year |
Yes |
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29 |
Profitability for last three years |
No |
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30 |
Major shareholders, if available |
Yes |
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31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
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33 |
Market information |
-- |
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34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES: NO
CHARGES EXIST FOR COMPANY
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.65.04 |
|
|
1 |
Rs.99.58 |
|
Euro |
1 |
Rs.71.75 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
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Analysis Done by
: |
KAS |
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Report Prepared
by : |
KVT |
ATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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.