MIRA INFORM REPORT
|
Report No. : |
347169.2 |
|
Report Date : |
31.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
M.M.J. CONSTRUCTION |
|
|
|
|
Registered
Office : |
Shop No.10, III B-2, Nehru Nagar, Ghaziabad – 201001, Uttar Pradesh |
|
Tel. No.: |
91-120-4575300 |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2015 |
|
|
|
|
Date of
Incorporation : |
13.08.2010 |
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|
|
|
Capital
Investment / Paid-up Capital : |
Rs.12.512 Million |
|
|
|
|
VAT No.: |
09788816517 |
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|
|
|
`IEC No.: |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AASFM0149E |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
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|
|
|
Line of Business
: |
Subject is engaged in the business of civil and electrical works for
many reputed government entities. |
|
|
|
|
No. of Employees
: |
30 (Approximately) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba (43) |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject was established in the year 2010 as partnership firm and it is
engaged in the business of civil and electrical works for government
entities. For the financial year ended 2015, revenue of the firm has reported
marginal growth of 2.85% and it has maintained above average margins at 1.24%
during the year under a review. Rating takes into consideration its satisfactory financial profile
marked by modest debt coverage indicators and sound liquidity position. However, rating strength partially offset by firm’s working capital
intense nature of business operations and risk associated with nature of
construction business. Trade relations are reported as fair. Payment terms are reported to be
usually correct. In view of aforesaid, the firm can be considered for business dealings
at usual trade terms and condition. |
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. Rohit Tyagi |
|
Designation : |
Accounts Head |
|
Contact No.: |
91-9899172080 |
|
Date : |
29.10.2015 |
LOCATIONS
|
Registered Office : |
Shop No.10, III B-2, Nehru Nagar, Ghaziabad – 201001, Uttar Pradesh, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9899172080 (Mr. Rohit Tyagi) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area : |
1000 Sq. ft. |
|
Location : |
Owned |
|
|
|
|
Head Office : |
102, Block - 9, Shastri Gali, Vishwas Nagar, Shahdra, New Delhi – 110032, India |
|
|
|
|
Corporate Office : |
4/503, 2nd Floor, Vaishali, Sector-4, Ghaziabad – 201010, Uttar Pradesh, India |
|
Tel. No.: |
91-120-4575300 |
|
Fax No.: |
91-120-4120300 |
|
|
|
Branches / Site Address:
|
· Hapur Store, Modinagar Road, Opposite Hapur Block, District Hapur, Uttar Pradesh, India · Dhaulatpur Dhikri Village, Next to Mandir, Near Main Bus Stop, Dhaulana, Uttar Pradesh, India · Mahavir Colony, Near Railway Road, Garhmukteshwar, Uttar Pradesh, India · Opposite Bada Bijli Ghar, Simbhavali, Next to Dharam Kanta, Simbhavali, Uttar Pradesh, India |
PARTNERS
|
Name : |
Mr. Mahesh Kumar Jain |
|
Designation : |
Partner |
|
Address : |
9/88, Shastri Gali, Vishwas Nagar, Shahdara, New Delhi-110032, India |
|
Date of Birth/Age : |
12.08.1974 |
|
Qualification : |
Graduate |
|
Experience : |
17 Years |
|
Date of Appointment : |
04.06.2010 |
|
PAN No.: |
AALPJ3019K |
|
|
|
|
Name : |
Mr. Munesh Kumar Jain |
|
Designation : |
Partner |
|
Address : |
9/88, Shastri Gali, Vishwas Nagar, Shahdara, New Delhi-110032, India |
|
Date of Birth/Age : |
07.03.1973 |
|
Qualification : |
Graduate |
|
Experience : |
15 Years |
|
Date of Appointment : |
04.06.2010 |
|
|
|
|
Name : |
Mr. Subham Kumar Jain |
|
Designation : |
Partner |
|
Address : |
9/88, Shastri Gali, Vishwas Nagar, Shahdara, New Delhi-110032, India |
|
Date of Birth/Age : |
01.01.1992 |
|
Qualification : |
Post Graduate |
|
Experience : |
6 Years |
|
Date of Appointment : |
04.06.2010 |
|
PAN No.: |
AOAPJ0360A |
KEY EXECUTIVES
|
Name : |
Mr. Rohit Tyagi |
|
Designation : |
Accounts Head |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the business of civil and electrical works for
many reputed government entities. |
|
|
|
|
Products : |
Not Available |
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|
|
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Cheque (45 days) |
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Purchasing : |
Cheque (45 days) |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
Government Entities
·
Greater Noida Authority ·
Avas Evam Vikas Parishad Ghaziabad ·
G.D.A. Ghaziabad |
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No. of Employees : |
30 (Approximately) |
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Bankers : |
·
Bank of Baroda ·
I.M.C.O. Bank Limited ·
Oriental Bank of Commerce |
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Facilities : |
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Auditors : |
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||||||
|
Name : |
Pankaj Tayal and Company Chartered Accountants |
||||||
|
Address : |
Subji Mandi, Choraha, Jahangirabad, Bulandshahr - 202394, Uttar Pradesh, India |
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Mobile No.: |
91-981105482 |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Sister Concern : |
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CAPITAL STRUCTURE
PARTNERS’
CAPITAL ACCOUNT
AS
ON 31.03.2015
(RS.
IN MILLION)
|
Particulars |
Amount |
Amount |
|
Mr. Mahesh Kumar
Jain |
|
|
|
Balance B/F |
2.506 |
|
|
Add: Addition during the year |
3.400 |
|
|
Interest on capital |
0.373 |
|
|
Partner’s salary |
0.660 |
|
|
Share of profit |
0.498 |
|
|
|
7.437 |
|
|
Less : Withdrawal |
3.013 |
|
|
|
|
4.424 |
|
Mr. Munesh Kumar
Jain |
|
|
|
Balance B/F |
1.525 |
|
|
Add: Addition during the year |
2.000 |
|
|
Interest on capital |
0.359 |
|
|
Partner’s salary |
0.600 |
|
|
Share of profit |
0.483 |
|
|
|
4.967 |
|
|
Less : Withdrawal |
0.593 |
|
|
|
|
4.374 |
|
|
|
|
|
|
|
|
|
Mr. Subham Kumar
Jain |
|
|
|
Balance B/F |
1.487 |
|
|
Add: Addition during the year |
1.300 |
|
|
Interest on capital |
0.293 |
|
|
Partner’s salary |
0.600 |
|
|
Share of profit |
0.483 |
|
|
|
4.163 |
|
|
Less : Withdrawal |
0.449 |
|
|
|
|
3.714 |
|
|
|
|
|
Total |
|
12.512 |
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET
|
Sources of funds |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
|
1] Partner’s Capital |
12.512 |
5.518 |
3.069 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
12.512 |
5.518 |
3.069 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
16.851 |
12.732 |
6.354 |
|
|
2] Unsecured Loans |
22.039 |
8.725 |
7.529 |
|
|
TOTAL
BORROWING |
38.890 |
21.457 |
13.883 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
51.402 |
26.975 |
16.952 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
6.403 |
5.451 |
2.569 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
13.547 |
0.501 |
8.549 |
|
|
Sundry Debtors |
31.931 |
23.326 |
4.877 |
|
|
Cash & Bank Balances |
1.349 |
0.144 |
0.384 |
|
|
Other Current Assets |
19.081 |
12.618 |
15.528 |
|
|
Loans & Advances |
15.262 |
14.078 |
8.711 |
|
Total Current Assets |
81.170 |
50.667 |
38.049 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
34.551 |
19.815 |
13.003 |
|
|
Other Current Liabilities |
|
|
|
|
|
Provisions |
|
|
|
|
Total Current Liabilities |
36.171 |
29.143 |
23.666 |
|
|
Net Current
Assets |
44.999 |
21.524 |
14.383 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
51.402 |
26.975 |
16.952 |
|
%2031-Oct-2015_files/image001.gif){kind=small}
%2031-Oct-2015_files/image002.gif){kind=small}
%2031-Oct-2015_files/image003.gif){kind=small}
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
|
SALES |
|
|
|
|
|
Income |
118.009 |
114.674 |
43.746 |
|
|
Other Income |
0.967 |
0.985 |
2.119 |
|
|
TOTAL |
118.976 |
115.659 |
45.865 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of goods Sold |
96.128 |
82.019 |
26.800 |
|
|
Labour Charges |
0.000 |
0.000 |
6.019 |
|
|
Direct Expenses |
6.328 |
18.522 |
3.009 |
|
|
Accounting Charges |
0.054 |
0.054 |
0.030 |
|
|
Advertisement Expenses |
0.007 |
0.003 |
0.004 |
|
|
Audit Fees |
0.022 |
0.025 |
0.015 |
|
|
Bank Charges |
1.486 |
0.510 |
1.317 |
|
|
Bonus |
0.059 |
0.016 |
0.000 |
|
|
Business Promotion |
0.048 |
0.059 |
0.033 |
|
|
Computer Expenses |
0.008 |
0.009 |
0.005 |
|
|
Conveyance |
0.180 |
0.186 |
0.365 |
|
|
Diwali Expenses |
0.012 |
0.021 |
0.019 |
|
|
Donation |
0.055 |
0.098 |
0.000 |
|
|
Electricity Expenses |
0.042 |
0.082 |
0.076 |
|
|
Excess and Short Recovery |
0.088 |
0.000 |
0.005 |
|
|
Interest on capital |
1.026 |
0.368 |
0.288 |
|
|
Insurance |
0.081 |
0.066 |
0.052 |
|
|
Interest on Loans |
1.027 |
0.426 |
2.452 |
|
|
Interest to Bank |
1.758 |
1.479 |
0.000 |
|
|
Legal Expenses |
0.064 |
0.045 |
0.097 |
|
|
Misc. Expenses |
0.032 |
0.049 |
0.020 |
|
|
News Pepar &
Periodicals |
0.004 |
0.004 |
0.004 |
|
|
Office Expenses |
0.079 |
0.071 |
0.084 |
|
|
Penalty & Deduction |
0.492 |
0.048 |
0.005 |
|
|
Postage & Courier |
0.003 |
0.003 |
0.002 |
|
|
Printing & Stationery |
0.015 |
0.040 |
0.084 |
|
|
Rent |
0.554 |
0.525 |
0.533 |
|
|
Repair & Maintenance |
0.046 |
0.054 |
0.027 |
|
|
Salary |
1.753 |
2.116 |
1.433 |
|
|
Security Services |
0.724 |
0.699 |
0.163 |
|
|
Staff Welfare |
0.236 |
0.168 |
0.093 |
|
|
Telephone Expenses |
0.286 |
0.310 |
0.214 |
|
|
Tender Expenses |
0.279 |
0.020 |
0.027 |
|
|
Trade Tax |
0.921 |
2.340 |
1.079 |
|
|
Tour & Travelling |
0.032 |
0.315 |
0.015 |
|
|
Vehicle Running &
Maintenance |
0.233 |
0.000 |
0.000 |
|
|
Partners Salary |
1.860 |
1.860 |
0.808 |
|
|
TOTAL |
116.022 |
112.610 |
45.177 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
2.954 |
3.049 |
0.688 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
1.021 |
0.694 |
0.335 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
1.933 |
2.355 |
0.353 |
|
|
|
|
|
|
|
Less |
TAX |
0.469 |
0.967 |
0.120 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
1.464 |
1.388 |
0.233 |
KEY
RATIOS
|
PARTICULARS |
|
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin (PAT / Sales) |
(%) |
1.24 |
1.21 |
0.53 |
|
|
|
|
|
|
|
Operating Profit Margin (PBIDT/Sales) |
(%) |
2.50 |
2.66 |
1.57 |
|
|
|
|
|
|
|
Return on Total Assets (PBT/Total Assets} |
(%) |
2.21 |
4.20 |
0.87 |
|
|
|
|
|
|
|
Return on Investment (ROI) (PBT/Networth) |
|
0.15 |
0.43 |
0.12 |
|
|
|
|
|
|
|
Debt Equity Ratio (Total Debt /Networth) |
|
3.11 |
3.89 |
4.52 |
|
|
|
|
|
|
|
Current Ratio (Current Asset/Current Liability) |
|
2.24 |
1.74 |
1.61 |
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) |
|
Partners’ Capital |
3.069 |
5.518 |
12.512 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
3.069 |
5.518 |
12.512 |
|
|
|
|
|
|
Secured Loans |
6.354 |
12.732 |
16.851 |
|
Unsecured Loans |
7.529 |
8.725 |
22.039 |
|
Total borrowings |
13.883 |
21.457 |
38.890 |
|
Debt/Equity ratio |
4.524 |
3.889 |
3.108 |
%2031-Oct-2015_files/image014.gif)
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 |
43.746 |
114.674 |
118.009 |
|
|
|
162.136 |
2.908 |
%2031-Oct-2015_files/image016.gif)
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 |
43.746 |
114.674 |
118.009 |
|
Profit |
0.233 |
1.388 |
1.464 |
|
|
0.53% |
1.21% |
1.24% |
%2031-Oct-2015_files/image018.gif)
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 |
Yes |
|
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 |
Yes |
|
19 |
Major customers |
Ye |
|
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 three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
Yes |
|
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 |
UNSECURED LOAN
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
|
|
(Rs. in Million) |
|
|
|
|
|
|
Jitendra Kumar |
0.305 |
0.000 |
|
Navin Jain |
0.100 |
0.100 |
|
Prem Chand Jain |
5.000 |
5.000 |
|
Uma Singhal |
0.556 |
0.000 |
|
Meghlok Associates Private Limited |
10.000 |
0.000 |
|
Fullerton India Credit |
2.057 |
0.000 |
|
Magma Fincorp Limited |
1.033 |
1.469 |
|
Kotak Mahindra Bank Limited |
1.031 |
1.471 |
|
HDFC Bank Limited |
1.957 |
0.685 |
|
Total |
22.039 |
8.725 |
------------------------------------------------------------------------------------------------------------
COMPUTATION
OF TAXABLE INCOME
ASSESSMENT YEAR
2015-2016
(RS.
IN MILLION)
|
Particulars |
Amount |
Amount |
Amount |
|
Profits and gains from business |
|
|
|
|
|
|
|
|
|
Net Profit as per Profit and Loss Account |
|
4.819 |
|
|
Add: Expenses Disallowed |
|
|
|
|
Personal Expenses |
0.071 |
|
|
|
Capital Expenditure |
0.001 |
|
|
|
Penalty |
0.055 |
0.127 |
|
|
Total |
|
4.946 |
|
|
|
|
|
|
|
Less : Expenses Allowed u/s 43B |
|
|
|
|
Vat of preceding previous year paid during
the year |
|
0.541 |
|
|
|
|
|
|
|
Total |
|
4.405 |
|
|
|
|
|
|
|
Less : Expenses Allowed u/s 40 (b) |
|
|
|
|
|
|
|
|
|
Interest on Capital not more than @12% |
1.026 |
|
|
|
Partner’s salary |
1.860 |
|
|
|
|
|
2.886 |
|
|
Taxable Income |
|
|
1.519 |
|
|
|
|
|
|
Taxable Income R/o |
|
|
1.519 |
|
|
|
|
|
|
Income Tax Due |
|
|
0.456 |
|
Add: Education and SHE Cess @3% |
|
|
0.014 |
|
Total Tax Payable |
|
|
0.469 |
|
TDS |
|
|
0.531 |
|
Tax Refundable |
|
|
0.062 |
------------------------------------------------------------------------------------------------------------
PROVISIONAL
BALANCE SHEET
(RS.
IN MILLION)
|
Sources of funds |
|
|
30.09.2015 |
|
|
|
|
|
|
|
|
1] Partners Capital |
|
|
13.765 |
|
|
2] Share Application Money |
|
|
0.000 |
|
|
3] Reserves & Surplus |
|
|
0.000 |
|
|
4] (Accumulated Losses) |
|
|
0.000 |
|
|
NETWORTH |
|
|
13.765 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
23.806 |
|
|
2] Unsecured Loans |
|
|
39.678 |
|
|
TOTAL
BORROWING |
|
|
63.484 |
|
|
DEFERRED TAX LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
77.249 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
6.402 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.000 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
43.454 |
|
|
Sundry Debtors |
|
|
36.221 |
|
|
Cash & Bank Balances |
|
|
0.217 |
|
|
Other Current Assets |
|
|
19.655 |
|
|
Loans & Advances |
|
|
21.696 |
|
Total Current Assets |
|
|
121.243 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
45.738 |
|
|
Other Current Liabilities |
|
|
4.658 |
|
|
Provisions |
|
|
|
|
Total Current Liabilities |
|
|
50.396 |
|
|
Net Current
Assets |
|
|
70.847 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
77.249 |
|
------------------------------------------------------------------------------------------------------------
PROVISIONAL
PROFIT AND LOSS ACCOUNT
(RS.
IN MILLION)
|
|
PARTICULARS |
|
|
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
|
|
37.536 |
|
|
Other Income |
|
|
0.133 |
|
|
TOTAL |
|
|
37.669 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
|
26.650 |
|
|
Direct Expenses |
|
|
5.039 |
|
|
Accounting Charges |
|
|
0.027 |
|
|
Bank Charges |
|
|
0.653 |
|
|
Business Promotion |
|
|
0.025 |
|
|
Computer Expenses |
|
|
0.003 |
|
|
Conveyance |
|
|
0.091 |
|
|
Donation |
|
|
0.011 |
|
|
Insurance |
|
|
0.093 |
|
|
Interest on Loans |
|
|
0.592 |
|
|
Interest to Bank |
|
|
1.084 |
|
|
Legal Expenses |
|
|
0.013 |
|
|
Misc. Expenses |
|
|
0.010 |
|
|
News paper and
Periodicals |
|
|
0.002 |
|
|
Office Expenses |
|
|
0.029 |
|
|
Penalty and Deduction |
|
|
0.076 |
|
|
Postage and Courier |
|
|
0.001 |
|
|
Printing and Stationery |
|
|
0.006 |
|
|
Rent |
|
|
0.127 |
|
|
Repair and Maintenance |
|
|
0.022 |
|
|
Salary |
|
|
0.641 |
|
|
Security Services |
|
|
0.579 |
|
|
Staff Welfare |
|
|
0.055 |
|
|
Telephone Expenses |
|
|
0.120 |
|
|
Tender Expenses |
|
|
0.005 |
|
|
Trade Tax |
|
|
0.398 |
|
|
Tour and Travelling |
|
|
0.005 |
|
|
Vehicle Running and
Maintenance |
|
|
0.076 |
|
|
Other expenses |
|
|
0.000 |
|
|
TOTAL |
|
|
36.433 |
|
|
|
|
|
|
|
Less |
NET PROFIT / (LOSS) |
|
|
1.236 |
------------------------------------------------------------------------------------------------------------
NETWORTH
STATEMENT
MR. MAHESH KUMAR JAIN
(RS.
IN MILLION)
STATEMENT OF PERSONAL
ASSETS AND LIABILITIES OF BORROWERS / GUARANTOR
|
Name |
Mr. Mahesh Kumar Jain |
|
Date of Birth |
12.08.1974 |
|
Address |
9/88, Shastri Gali, Vishwas
Nagar, Shahdara, New Delhi-110032, India |
Details of business in which you are
interested
|
Name |
Address |
Capacity |
Investment Amount |
|
MMJ Construction |
Property No.102,
Block No.9, Shastri Gali, Shahdara, New Delhi-110032, India |
Partner |
4.424 |
|
Hauser Home
Appliance |
B-11, Arjun
Mohala Sabji Mandi, Chaowk, Shahdara, New Delhi, India |
Partner |
|
Other Investment: Rs.0.767 Million
Life Insurance Policy
|
Policy |
Policy No. |
Amount |
Policy date |
Maturity Date |
Premium |
Name of Nominee |
|
HDFC Life
Insurance |
17199092 |
1.500 |
30.11.2014 |
30.11.2014 |
0.150 |
Pooaj Jain |
Immovable Property
|
Address |
Date of purchase |
Original Cost |
Market value |
|
4/503, Vaishali,
Ghaziabad |
23.04.2015 |
5.800 |
10.000 |
|
32/2, Dilshad Garden
Industrial Area, New Delhi – 110095 in the name of Mr. Santosh Kumar Pathak
and Mr. Mahesh Jain |
08.05.2014 |
5.620 |
7.500 |
Personal Borrowing : Nil
|
Guarantee details |
To whom |
On behalf of |
Amount |
Date |
|
Personal guarantee
as partner |
HDFC Bank |
MMJ Construction
|
66.000 |
As per sanction
date 06.08.2014 |
Banker details
|
Bank |
Branch |
Account No. |
|
Bank of Baroda |
Vishwas Nagar |
32010100004981 |
Any information which may help them in considering
the total worth :
Cash and Bank
Balance = Rs.0.300 Million
Gold / Ornaments =
Rs.0.300 Million
Total = Rs.0.600 Million
Total Networth : Rs.23.441 Million
------------------------------------------------------------------------------------------------------------
NETWORTH
STATEMENT
MR. MUNESH KUMAR JAIN
(RS.
IN MILLION)
STATEMENT OF PERSONAL ASSETS AND LIABILITIES
OF BORROWERS / GUARANTOR
|
Name |
Mr. Munesh Kumar Jain |
|
Date of Birth |
07.03.1973 |
|
Address |
9/88, Shastri Gali, Vishwas
Nagar, Shahdara, New Delhi-110032, India |
Details of business in which you are
interested
|
Name |
Address |
Capacity |
Investment Amount |
|
MMJ Construction |
Property No.102,
Block No.9, Shastri Gali, Shahdara, New Delhi-110032, India |
Partner |
4.375 |
Other Investment: Rs.0.150 Million
Life Insurance Policy
|
Policy |
Policy No. |
Amount |
Policy date |
Maturity Date |
Premium |
Name of Nominee |
|
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Immovable Property
|
Address |
Date of purchase |
Original Cost |
Market value |
|
Nil |
Nil |
Nil |
Nil |
Personal Borrowing : Nil
|
Guarantee details |
To whom |
On behalf of |
Amount |
Date |
|
Personal
guarantee as partner |
HDFC Bank |
MMJ Construction
|
66.000 |
As per sanction
date 06.08.2014 |
Banker details
|
Bank |
Branch |
Account No. |
|
Bank of Baroda |
Vishwas Nagar |
3201010005203 |
Any information which may help them in
considering the total worth:
Cash and Bank Balance
in Hand = Rs.0.200 Million
Gold / Ornaments =
Rs.0.500 Million
Total = Rs.0.700 Million
Total Networth: Rs.5.225 Million
------------------------------------------------------------------------------------------------------------
NETWORTH
STATEMENT
MR. SUBHAM KUMAR JAIN
(RS.
IN MILLION)
STATEMENT OF
PERSONAL ASSETS AND LIABILITIES OF BORROWERS / GUARANTOR
|
Name |
Mr. Subham Kumar Jain |
|
Date of Birth |
01.01.1992 |
|
Address |
9/88, Shastri Gali, Vishwas Nagar,
Shahdara, New Delhi-110032, India |
Details of business in which you are
interested
|
Name |
Address |
Capacity |
Investment Amount |
|
MMJ Construction |
Property No.102,
Block No.9, Shastri Gali, Shahdara, New Delhi-110032, India |
Partner |
3.714 |
Other Investment: Nil
Life Insurance Policy
|
Policy |
Policy No. |
Amount |
Policy date |
Maturity Date |
Premium |
Name of Nominee |
|
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Nil |
Immovable Property
|
Address |
Date of purchase |
Original Cost |
Market value |
|
Nil |
Nil |
Nil |
Nil |
Personal Borrowing : Nil
|
Guarantee details |
To whom |
On behalf of |
Amount |
Date |
|
Personal
guarantee as partner |
HDFC Bank |
MMJ Construction
|
66.000 |
As per sanction date
06.08.2014 |
Banker details
|
Bank |
Branch |
Account No. |
|
Bank of Baroda |
Vishwas Nagar |
32010100004171 |
Any information which may help them in
considering the total worth:
Cash and Bank
Balance = Rs.0.185 Million
Gold / Ornaments =
Rs.0.200 Million
Total = Rs.0.385 Million
Total Networth: Rs.4.099 Million
------------------------------------------------------------------------------------------------------------
OPERATING
STATEMENT
(RS.
IN MILLION)
|
|
Particulars |
|
31.03.2016 (Estimated) |
31.03.2017 (Estimated) |
|
1 |
Gross Receipts |
|
|
|
|
|
Domestic Sales and Contract Receipt |
|
225.000 |
400.000 |
|
2 |
Total Sales |
|
225.000 |
400.000 |
|
|
Add : Other Income |
|
1.500 |
2.000 |
|
3 |
Total |
|
226.500 |
402.000 |
|
|
|
|
|
|
|
4 |
% age rise (+) or fall (-) on net sales as compared to previous year |
|
90.67 |
77.78 |
|
|
|
|
|
|
|
5 |
Cost of Sales |
|
|
|
|
|
i) Raw Material |
|
|
|
|
|
Imported |
|
0.000 |
0.000 |
|
|
Indigenous |
|
210.375 |
384.000 |
|
|
|
|
|
|
|
|
ii) Consumables |
|
|
|
|
|
Indigenous |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
iii) Power and Fuel |
|
0.086 |
0.090 |
|
|
|
|
|
|
|
|
iv) Direct Labour (Factory wages and Salary) |
|
2.069 |
2.172 |
|
|
|
|
|
|
|
|
v) Repair and Maintenance |
|
0.065 |
0.072 |
|
|
|
|
|
|
|
|
vi) Depreciation |
|
1.022 |
0.825 |
|
|
|
|
|
|
|
|
Other manufacturing Expenses |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
vii) Sub total ( i to vi ) |
|
213.617 |
387.160 |
|
|
|
|
|
|
|
|
vii) Add opening stock in process |
|
13.547 |
26.702 |
|
|
|
|
|
|
|
|
Sub total |
|
227.164 |
413.862 |
|
|
|
|
|
|
|
|
ix) Deduct Closing stocks in process |
|
26.702 |
48.395 |
|
|
|
|
|
|
|
|
x) Cost of Production |
|
200.462 |
365.467 |
|
|
|
|
|
|
|
|
Xi) Add Closing stocks of finished goods |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
Sub Total |
|
200.462 |
365.467 |
|
|
|
|
|
|
|
|
xii) Deduct Closing stocks of finished goods |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
xiii) Sub Total (Total cost of sales) |
|
200.462 |
365.467 |
|
|
|
|
|
|
|
6 |
Selling, general and administrative expenses
|
|
17.216 |
19.798 |
|
|
|
|
|
|
|
7 |
Sub total (5+6) |
|
217.677 |
385.265 |
|
|
|
|
|
|
|
8 |
Operating Profit Before Interest |
|
8.823 |
16.735 |
|
|
|
|
|
|
|
9 |
Interest |
|
3.471 |
5.111 |
|
|
|
|
|
|
|
10 |
Operating Profit After Interest |
|
5.352 |
11.625 |
|
|
|
|
|
|
|
11 |
Add : other non-operating income |
|
|
|
|
|
Profit on sale of assets |
|
0.000 |
0.000 |
|
|
Interest received |
|
0.000 |
0.000 |
|
|
TUF Subsidy refund |
|
0.000 |
0.000 |
|
|
Others |
|
0.000 |
0.000 |
|
|
Total |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
Deduct other non-operating expenses |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
Net of other non-operating income / expenses
|
|
0.000 |
0.000 |
|
|
|
|
|
|
|
12 |
Profit Before Tax |
|
5.352 |
11.625 |
|
|
|
|
|
|
|
13 |
Provisions for tax |
|
1.606 |
3.487 |
|
|
|
|
|
|
|
14 |
Net Profit or Loss (12-13) |
|
3.746 |
8.137 |
|
|
|
|
|
|
|
15 |
Dividend paid |
|
|
|
|
|
Dividend at the rate of % |
|
0.00 |
0.00 |
|
|
|
|
|
|
|
16 |
Retained profit (14-15) |
|
3.746 |
8.137 |
|
|
|
|
|
|
|
17 |
Cash accruals |
|
4.768 |
8.963 |
------------------------------------------------------------------------------------------------------------
STATEMENT OF ASSETS AND LIABILITIES
(RS.
IN MILLION)
|
Sr. No. |
Particulars |
|
31.03.2016 (Estimated) |
31.03.2017 (Estimated) |
|
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
|
|
|
1 |
Short term borrowings from banks (Including bills
purchased / discounted and excess borrowings placed on repayment basis) |
|
20.000 |
35.000 |
|
2 |
Subtotal (A) |
|
20.000 |
35.000 |
|
|
|
|
|
|
|
3 |
Sundry Creditors |
|
46.458 |
84.800 |
|
|
|
|
|
|
|
4 |
Short term borrowings from others |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
5 |
Provision for taxation |
|
1.606 |
3.487 |
|
|
|
|
|
|
|
6 |
Advance from Contractors |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
7 |
Other statutory liabilities (due within one year)
|
|
0.000 |
0.000 |
|
|
|
|
|
|
|
8 |
Deposits / Installments of term loans / DPGs
/ Debentures etc. (due within one year) |
|
3.484 |
1.703 |
|
|
|
|
|
|
|
9 |
Other current liabilities and provisions
(due within one year) |
|
3.500 |
4.000 |
|
|
|
|
|
|
|
|
Subtotal (B) |
|
55.048 |
93.990 |
|
|
|
|
|
|
|
10 |
Total Current Liabilities (1 to 9) |
|
75.048 |
128.990 |
|
|
|
|
|
|
|
|
Term Liabilities |
|
|
|
|
|
|
|
|
|
|
11 |
Differed tax Liabilities |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
12 |
Preference share (redeemable after one year) |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
13 |
Term loans (excluding installments payable
within one year) |
|
1.703 |
0.000 |
|
|
|
|
|
|
|
14 |
Deferred payment (excluding installments
payable due within one year) |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
15 |
Car loans |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
16 |
Unsecured loans |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
17 |
Total Term Liabilities (Total of 11 to 16) |
|
1.703 |
0.000 |
|
|
|
|
|
|
|
18 |
Total outside Liabilities |
|
76.751 |
128.990 |
|
|
|
|
|
|
|
|
Networth |
|
|
|
|
|
|
|
|
|
|
19 |
Share capital |
|
15.626 |
15.626 |
|
|
|
|
|
|
|
20 |
Share Application Money |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
21 |
Security Premium |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
22 |
Unsecured loans from promoters / family |
|
25.000 |
25.000 |
|
|
|
|
|
|
|
23 |
Surplus (+) or deficit (-) in profit and
loss account |
|
6.832 |
14.970 |
|
|
|
|
|
|
|
24 |
Total networth |
|
47.458 |
55.596 |
|
|
|
|
|
|
|
25 |
TOTAL LIABILITIES (18+24) |
|
124.209 |
184.586 |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
|
|
|
|
26 |
Cash and bank balance including cash for
future expansion |
|
0.129 |
2.980 |
|
|
|
|
|
|
|
27 |
Investments (other than long term
investments) |
|
0.000 |
0.000 |
|
|
Government and other trustee |
|
0.000 |
0.000 |
|
|
Fixed deposits with bank |
|
28.800 |
30.000 |
|
|
|
|
|
|
|
28 |
Receivable other than deferred and export
(including bill purchased and discounted by banks) |
|
46.875 |
83.333 |
|
|
|
|
|
|
|
29 |
Installment of deferred receivables (due within
one year) |
|
|
|
|
|
|
|
|
|
|
30 |
Inventory |
|
|
|
|
|
Raw Material |
|
0.000 |
0.000 |
|
|
Stocks in process |
|
26.702 |
48.395 |
|
|
Finished goods |
|
0.000 |
0.000 |
|
|
Other consumables spares |
|
|
|
|
|
Imported |
|
0.000 |
0.000 |
|
|
Indigenous |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
31 |
Advances to suppliers of raw materials and
stores / spares / subsidy receivables |
|
5.000 |
6.000 |
|
|
|
|
|
|
|
32 |
Advance payment of taxes |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
33 |
Other current assets (loan and advances) |
|
7.500 |
8.000 |
|
|
|
|
|
|
|
34 |
Total Current Assets (Total of 26 to 33) |
|
115.006 |
178.708 |
|
|
|
|
|
|
|
35 |
Gross Block(land and Building, machinery,
work in progress) |
|
7.423 |
7.423 |
|
|
|
|
|
|
|
36 |
Depreciation to date |
|
2.043 |
2.868 |
|
|
|
|
|
|
|
37 |
Net Block (35-36) |
|
5.380 |
4.555 |
|
|
|
|
|
|
|
|
Other Current Assets |
|
|
|
|
|
|
|
|
|
|
38 |
Investments / book debts / advances / deposits which are non current |
|
|
|
|
|
-A investment in subsidiary companies /
affiliates |
|
0.000 |
0.000 |
|
|
-Others |
|
0.000 |
0.000 |
|
|
-Advances to suppliers of capital goods and
contractors |
|
0.000 |
0.000 |
|
|
-Deferred receivables (maturity excluding
one year) more than 6 months |
|
2.500 |
0.000 |
|
|
-others |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
39 |
Non consumables stores and spares |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
40 |
Other non current assets including due from
directors (security deposits) |
|
1.323 |
1.323 |
|
|
|
|
|
|
|
41 |
Total other non current assets (Total of 38 to 40) |
|
3.823 |
1.323 |
|
|
|
|
|
|
|
42 |
Intangible assets (patents, goodwill, preliminary
expenses, bad / doubtful debts not provided for etc.) |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
43 |
Total Assets (Total of 34,37,41 and 42) |
|
124.209 |
184.586 |
|
|
|
|
|
|
|
44 |
Tangible Netowrth (24-42) |
|
47.458 |
55.596 |
|
|
|
|
|
|
|
45 |
Net Working Capital [(17+24) – (37+41+42)] |
|
39.958 |
49.718 |
|
|
To tally with (34/10) |
|
39.958 |
49.718 |
|
|
|
|
|
|
|
46 |
Current Ratio (34/10) |
|
0.153 |
0.139 |
|
|
|
|
|
|
|
47 |
Total Outside Liabilities / Tangible networth (18/44) |
|
0.162 |
0.232 |
------------------------------------------------------------------------------------------------------------
COMPARATIVE
STATEMENT OF CURRENT ASSETS AND CURRENT LIABILITIES
(RS.
IN MILLION)
|
|
Particulars |
|
31.03.2016 (Estimated) |
31.03.2017 (Estimated) |
|
|
Current Assets |
|
|
|
|
|
|
|
|
|
|
1 |
Raw Material |
|
|
|
|
|
a) Imported |
|
|
|
|
|
Amount |
|
0.000 |
0.000 |
|
|
Month’ Consumption |
|
1.00 |
1.00 |
|
|
|
|
|
|
|
|
b) Indigenous |
|
|
|
|
|
Amount |
|
0.000 |
0.000 |
|
|
Month’ Consumption |
|
0.00 |
0.00 |
|
|
|
|
|
|
|
2 |
Consumables |
|
|
|
|
|
a) Imported |
|
|
|
|
|
Amount |
|
0.000 |
0.000 |
|
|
Months’ Consumption |
|
2.00 |
2.00 |
|
|
|
|
|
|
|
|
b) Indigenous |
|
|
|
|
|
Amount |
|
0.000 |
0.000 |
|
|
Months’ Consumption |
|
1.00 |
1.00 |
|
|
|
|
|
|
|
3 |
Stocks in Process |
|
|
|
|
|
Amount |
|
26.702 |
48.395 |
|
|
Months’ Cost of Production |
|
1.50 |
1.50 |
|
|
|
|
|
|
|
4 |
Finished Goods |
|
|
|
|
|
Amount |
|
0.000 |
0.000 |
|
|
Months’ Cost of Sales |
|
0.00 |
0.00 |
|
|
|
|
|
|
|
5 |
Receivables other than export and deferred receivables (including
bills purchased and discounted by banks) |
|
|
|
|
|
Amount |
|
46.875 |
83.333 |
|
|
Months’ Domestic sales |
|
2.50 |
2.50 |
|
|
|
|
|
|
|
6 |
Exports receivables (including bills purchased and discounted) |
|
|
|
|
|
Amount |
|
0.000 |
0.000 |
|
|
Months’ Export Sales |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
7 |
Advances from raw-material / stores / spares
etc. |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
8 |
Other current assets including cash and bank
balance |
|
41.429 |
46.980 |
|
|
|
|
|
|
|
9 |
Total Current Assets |
|
115.006 |
178.708 |
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
|
|
|
|
Other than bank borrowings for working capital |
|
|
|
|
|
|
|
|
|
|
10 |
Creditors for purchase of raw material, stores etc. |
|
|
|
|
|
|
|
|
|
|
|
Amount |
|
46.458 |
84.800 |
|
|
Month’s Purchase |
|
2.65 |
2.65 |
|
|
|
|
|
|
|
11 |
Advances from customers |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
12 |
Statutory liabilities |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
13 |
Other Current Labilities |
|
|
|
|
|
Specify major items |
|
|
|
|
|
S T Borrowings - others |
|
0.000 |
0.000 |
|
|
Installments of TL, DPG and public deposit |
|
3.484 |
1.703 |
|
|
Other current liabilities and provisions |
|
5.106 |
7.487 |
|
|
|
|
|
|
|
14 |
Total |
|
55.048 |
93.990 |
------------------------------------------------------------------------------------------------------------
COMPUTATION
OF MAXIMUM PERMISSIBLE BANK FINANCE FOR WORKING CAPITAL
(RS.
IN MILLION)
|
|
Particulars |
|
31.03.2016 (Estimated) |
31.03.2017 (Estimated) |
|
|
FIRST METHOD OF LENDING |
|
|
|
|
|
|
|
|
|
|
1 |
Total Current Assets |
|
115.006 |
178.708 |
|
|
|
|
|
|
|
2 |
Other Current Liabilities (other than bank
borrowing) |
|
55.048 |
93.990 |
|
|
|
|
|
|
|
3 |
Working Capital Gap |
|
59.958 |
84.718 |
|
|
|
|
|
|
|
4 |
Min. stipulated net working capital (25% of
the working capital gap) |
|
14.990 |
21.179 |
|
|
|
|
|
|
|
5 |
Actual / projected net working capital |
|
39.958 |
49.718 |
|
|
|
|
|
|
|
6 |
Item 3 minus Item 4 |
|
44.969 |
63.538 |
|
|
|
|
|
|
|
7 |
Item 3 minus Item 5 |
|
20.000 |
35.000 |
|
|
|
|
|
|
|
8 |
Maximum permissible bank finance (lower of 6
or 7) |
|
20.000 |
35.000 |
|
|
|
|
|
|
|
9 |
Excess borrowings representing shortfall in
NWC |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
SECOND METHOD OF LENDING |
|
|
|
|
|
|
|
|
|
|
1 |
Total Current Assets |
|
115.006 |
178.708 |
|
|
|
|
|
|
|
2 |
Other Current Liabilities (other than bank
borrowing) |
|
55.048 |
93.990 |
|
|
|
|
|
|
|
3 |
Working Capital Gap |
|
59.958 |
84.718 |
|
|
|
|
|
|
|
4 |
Min. stipulated net working capital (25% of
total current assets excluding export receivables) |
|
28.751 |
44.677 |
|
|
|
|
|
|
|
5 |
Actual / projected net working capital |
|
39.958 |
49.718 |
|
|
|
|
|
|
|
6 |
Item 3 minus Item 4 |
|
31.207 |
40.041 |
|
|
|
|
|
|
|
7 |
Item 3 minus Item 5 |
|
20.000 |
35.000 |
|
|
|
|
|
|
|
8 |
Maximum permissible bank finance (lower of 6
or 7) |
|
20.000 |
35.000 |
|
|
|
|
|
|
|
9 |
Excess borrowings representing shortfall in
NWC |
|
0.000 |
0.000 |
------------------------------------------------------------------------------------------------------------
VALUATION REPORT
GENERAL INFORMATION
[RS. IN MILLION]
|
Registered No. |
Cat-I/288/1995 |
|
|
|
|
Name of the registered valuer |
B. P. Singh |
|
|
|
|
Purpose for which valuation is made |
Bank loans / limit from Dena Bank |
|
|
|
|
Date of which valuation is made |
8.10.2015 |
|
|
|
|
Name of owner |
Mr. Pradeep Jain s/o Mr. Prem Chand Jain |
|
|
|
|
If the property is under joint ownership / Co-Ownership, share of each owner. Are the shares undivided? |
Single owner |
|
|
|
|
Brief Description of the property |
Ground Floor+ First Flor +Second Floor Building |
|
|
|
|
Location, Street, Ward No. |
Friends Colony, IIIAQA Shahdara |
|
|
|
|
Survey/Plot no. of Land |
Khasra No.372/39, to 51 Khewat No.655/612 |
|
|
|
|
Is the property situated in residential area? |
Industrial Area |
|
|
|
|
Classification of locality – High class / Middle class / Poor class |
Middle class |
|
|
|
|
Proximity to civic amenities like schools, Hospitals, offices, market, cinema etc. |
Available Near by |
|
|
|
|
Means and Proximity to surface communication by which the locality is served |
By roads |
|
|
|
|
LAND |
|
|
Area of land supported by documentary proof shape, dimensions and physical features |
8=85.00 Sq. Yards East-Road West – O.P. South, O.P. North = O.P. |
|
|
|
|
Roads, Streets of lanes on which the land is aborting |
Road |
|
|
|
|
Is it freehold or leasehold land? |
Freehold |
|
|
|
|
If lease-hold the name of lessor etc |
Not Available |
|
Initial premium |
-- |
|
Ground rent payable per annum |
|
|
Unearned increase payable to the lessee in the event of sales to transfer |
|
|
|
|
|
Is there any restrictive covenant in regard to use of land? If so, attach a copy of the covenant? |
Industrial |
|
|
|
|
Are there any agreement of easements? |
Nil |
|
|
|
|
Does the land fall in area included in any Town Planning Scheme or any Development Plan of Government of any statutory body? If so, give particulars. |
No |
|
|
|
|
Has any contribution been made towards or is any demand for contribution still outstanding? |
Nil |
|
|
|
|
Has the whole or part of the land been notified for acquisition by Government or any statutory body? |
No |
|
|
|
|
IMPROVEMENTS |
|
|
|
|
|
Furnish technical details of the building on a separate sheet. (The annexure to this form may be used) |
-- |
|
|
|
|
Is the building owner occupied / tenanted/ both |
|
|
If partly owner occupied, specify portion and extent of area under owner occupation |
Self-occupied property |
|
|
|
|
What is the Floor-Space-Index permissible and percentage actually utilized? |
B.B.L. |
|
|
|
|
RENTS |
|
|
Names of tenants / lessees / licenses etc. |
Not Available |
|
--Portions in their occupation |
|
|
--Monthly or annual rent/compensation/license fee etc. paid by each. |
|
|
--Gross amount received for whole property |
|
|
|
|
|
Are any of the occupants related to or close business associates of the owner, range etc.? If so give details |
Not Available |
|
|
|
|
What is the amount of property tax? Who is beat it? Give details with documentary proof. |
|
|
|
|
|
Is the building insured? If so give the policy no. amount for which it is insured annual premium. |
Not Available |
|
|
|
|
Is any dispute between landlord and tenant regarding rent of building in a court of law? |
No |
|
|
|
|
Has any standard rent been fixed for the premises under any law relating to the control of rent? |
No |
|
|
|
|
Land rate adopted in this valuation |
Market Rate |
|
|
|
|
Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, Regis. No. sales price and area of land sold |
As per compare circle rate and market rate / Sqmt |
|
|
|
|
COST OF
CONSTRUCTION |
|
|
Year of commencement of construction by contract and year of completion |
Old |
|
|
|
|
What was the method of construction by contract by contract / by employing labour direct / both? |
Contract |
|
|
|
|
TECHNICAL DETAILS |
|
|
No. of floors and height of each floor |
|
|
1.Basement |
|
|
2.Ground Floor and First Floor |
|
|
3.Second Floor and Third Floor |
|
|
|
|
|
Plinth area Floor wise |
Floor Covered Area Height / roof |
|
1. Ground Floor |
765 Sq.ft. |
|
2. First Floor |
765 Sq.ft. |
|
3.Second Floor and Third Floor |
400 Sq.ft. |
|
|
|
|
Year of construction |
-- |
|
|
|
|
Estimated future life |
Old 50 Years for R.C.C. |
|
|
|
|
Type of construction – Lord Bearing wall / R.C.C. frame / Steel frame |
Load bearing walls + Framed structure Industrial shed and hall |
|
|
|
|
Type of foundation |
Spread + Colomn footing |
|
|
|
|
Walls |
|
|
1.Basement and plinth |
BW in CM |
|
2.Ground Floor |
|
|
3.Superstructure above Ground Floor |
|
|
|
|
|
Partitions |
4.5’’ th walls |
|
|
|
|
Doors and windows (Floor wise) |
Soft wood / shutter / steel |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
|
3. First Floor |
-- |
|
3. M. Floor to Top Floor |
|
|
|
|
|
Flooring (Floor wise) |
Kota / Marble In Office |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
|
3. First Floor |
|
|
3. M. Floor to Top Floor |
-- |
|
|
|
|
Finishing (Floor wise) |
|
|
1.Basement |
The walls are plastered and further finished in distemper, snowcem etc. G.Tile in Toilet – Completed |
|
2.Ground Floor and |
|
|
3. First Floor |
|
|
3. M. Floor to Top Floor |
|
|
|
|
|
Roofing and terracing |
R.C.C. |
|
|
|
|
Special architectural or decorative features if any |
Yes |
|
|
|
|
Internal / wiring – surface or conduit |
Conduit |
|
Class or fitting – superior / ordinary / poor |
Medium |
|
|
|
|
Sanitary Installation |
-- |
|
No. of water closets |
|
|
No. of lavatory basins |
|
|
No. of urinals |
|
|
No. of sinks |
|
|
No. of bath tubs |
|
|
No. of bidets |
|
|
|
|
|
Compound wall: |
|
|
Height and Length |
Yes |
|
Type of construction |
BW in CM |
|
|
|
|
No. of lift and capacity |
Yes |
|
|
|
|
Underground pumps capacity and type of construction |
|
|
|
|
|
Overhead Tank |
|
|
1.Where located |
Terrace |
|
2.Capacity |
1000 ltrs |
|
|
|
|
Pump : No. and Their horse power |
Yes |
|
|
|
|
Road and paving within the compound approximate area and type of paving |
P.C.C. |
|
|
|
|
Sewage disposal whether connected to Public sewers. If septic tanks provided, No. and Capacity |
Connected to M. Sewer |
|
|
|
|
VALUE OF LAND |
|
|
Plot Area |
85.00 Sq. Yards |
|
|
|
|
Land rate |
Depends upon Location, Situation, Civic amenities available near by approaches roads etc. property is ideally located Market Rate Rs.125000 Sq. Yards minimum consider – Main Road But range Rs.120000 Sq. Yards to Rs.140000 Sq. Yards |
|
|
|
|
Value of Land |
85 Sq. Yards * @ Rs.125000 Sq. Yards = Rs. 10.625 Million “A” |
|
|
|
|
COST OF PRODUCTION |
|
|
|
|
|
Plinth Area Rate |
800Sq.ft. all rate consider dep rate – renovated |
|
(Services work like electrical work, sanitary work, water supply, superior work like flooring, wood work and depreciated cost ) |
|
|
|
|
|
Covered Area Rate in all floors |
1930 Sq.ft. |
|
|
|
|
Covered area |
1390 Sq.ft. @ Rs.800Sq.ft. = Rs.1.544 Million |
|
|
|
|
Total Cost of Production |
Rs.1.544 Million “B” |
|
|
|
|
Total Value of property |
Value of land + Cost of Production (A+B) Rs. 10.625 Million + Rs.1.544 Million =Rs.12.169 Million |
------------------------------------------------------------------------------------------------------------
VALUATION REPORT
GENERAL INFORMATION
[RS. IN MILLION]
|
Registered No. |
Cat-I/288/1995 |
|
|
|
|
Name of the registered valuer |
B. P. Singh |
|
|
|
|
Purpose for which valuation is made |
Bank loans / limit from Dena Bank |
|
|
|
|
Date of which valuation is made |
8.10.2015 |
|
|
|
|
Name of owner |
Hauser Home Appliance |
|
|
|
|
If the property is under joint ownership / Co-Ownership, share of each owner. Are the shares undivided? |
Joint Ownership |
|
|
|
|
Brief Description of the property |
2-Storey, Building with Mumty and Basement |
|
|
|
|
Location, Street, Ward No. |
Bawana Industrial Area |
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Survey/Plot no. of Land |
Plot No. J-202 Pocket n Sector - 3 |
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Is the property situated in residential area? |
Industrial Area |
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Classification of locality – High class / Middle class / Poor class |
Middle class |
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Proximity to civic amenities like schools, Hospitals, offices, market, cinema etc. |
Available Near by |
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Means and Proximity to surface communication by which the locality is served |
By roads |
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LAND |
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Area of land supported by documentary proof shape, dimensions and physical features |
100 Sq.Mt = 119.6 Sq. yards East = Others Plot = West Road South Plot North = Others Plot |
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Roads, Streets of lanes on which the land is aborting |
Road |
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Is it freehold or leasehold land? |
Leasehold |
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If lease-hold the name of lessor etc |
Not Available |
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Initial premium |
-- |
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Ground rent payable per annum |
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|
Unearned increase payable to the lessee in the event of sales to transfer |
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Is there any restrictive covenant in regard to use of land? If so, attach a copy of the covenant? |
Industrial |
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Are there any agreement of easements? |
Nil |
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Does the land fall in area included in any Town Planning Scheme or any Development Plan of Government of any statutory body? If so, give particulars. |
Bawana Industrial Area Plan Sanctioned DDA |
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Has any contribution been made towards or is any demand for contribution still outstanding? |
Nil |
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Has the whole or part of the land been notified for acquisition by Government or any statutory body? |
No |
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IMPROVEMENTS |
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|
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|
Furnish technical details of the building on a separate sheet. (The annexure to this form may be used) |
-- |
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Is the building owner occupied / tenanted/ both |
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If partly owner occupied, specify portion and extent of area under owner occupation |
Self-occupied property |
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What is the Floor-Space-Index permissible and percentage actually utilized? |
B.B.L. |
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|
|
RENTS |
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Names of tenants / lessees / licenses etc. |
Not Available |
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--Portions in their occupation |
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--Monthly or annual rent/compensation/license fee etc. paid by each. |
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--Gross amount received for whole property |
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Are any of the occupants related to or close business associates of the owner, range etc.? If so give details |
Not Available |
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What is the amount of property tax? Who is beat it? Give details with documentary proof. |
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Is the building insured? If so give the policy no. amount for which it is insured annual premium. |
Not Available |
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Is any dispute between landlord and tenant regarding rent of building in a court of law? |
No |
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Has any standard rent been fixed for the premises under any law relating to the control of rent? |
No |
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|
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|
Land rate adopted in this valuation |
Market Rate Rs.70000/- Sq.mtr. |
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Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, Regis. No. sales price and area of land sold |
As per compare circle rate and market rate / Sqmt |
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COST OF CONSTRUCTION |
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Year of commencement of construction by contract and year of completion |
Old |
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What was the method of construction by contract by contract / by employing labour direct / both? |
Contract |
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TECHNICAL DETAILS |
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No. of floors and height of each floor |
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1.Basement |
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2.Ground Floor and First Floor |
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3.Second Floor and Third Floor |
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Plinth area Floor wise |
Floor Covered Area Height / roof |
|
Basement |
40 Sq. Mtr. |
|
1. Ground Floor |
60 Sq. Mtr. |
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2. First Floor |
24 Sq. Mtr. |
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Year of construction |
2006-2007 |
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Estimated future life |
60 Years for R.C.C. |
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Type of construction – Lord Bearing wall / R.C.C. frame / Steel frame |
Load bearing walls + Framed structure Industrial shed and hall |
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Type of foundation |
Spread + Colomn footing |
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Walls |
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|
1.Basement and plinth |
BW in CM |
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2.Ground Floor |
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3.Superstructure above Ground Floor |
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Partitions |
4.5’’ th walls |
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Doors and windows (Floor wise) |
Soft wood / shutter / steel |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
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3. First Floor |
-- |
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3. M. Floor to Top Floor |
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Flooring (Floor wise) |
Ordinary flooring |
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1.Basement |
-- |
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2.Ground Floor and |
-- |
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3. First Floor |
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3. M. Floor to Top Floor |
-- |
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Finishing (Floor wise) |
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|
1.Basement |
The walls are plastered and further finished in distemper, snowcem etc. G.Tile in Toilet |
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2.Ground Floor and |
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3. First Floor |
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3. M. Floor to Top Floor |
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Roofing and terracing |
R.C.C. |
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Special architectural or decorative features if any |
No |
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Internal / wiring – surface or conduit |
Conduit |
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Class or fitting – superior / ordinary / poor |
Medium |
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Sanitary Installation |
-- |
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No. of water closets |
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No. of lavatory basins |
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No. of urinals |
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No. of sinks |
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No. of bath tubs |
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No. of bidets |
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Compound wall: |
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Height and Length |
Yes |
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Type of construction |
BW in CM |
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No. of lift and capacity |
Yes |
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Underground pumps capacity and type of construction |
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Overhead Tank |
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1.Where located |
Terrace |
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2.Capacity |
1000 ltrs |
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Pump : No. and Their horse power |
Yes |
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Road and paving within the compound approximate area and type of paving |
P.C.C. |
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Sewage disposal whether connected to Public sewers. If septic tanks provided, No. and Capacity |
Connected to M. Sewer |
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VALUE OF LAND |
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Plot Area |
100.00 Sq. mtr |
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Land rate |
Depends upon Location, Situation, Civic amenities available near by approaches roads etc. property is ideally located Market Rate Rs.75000 Sq.mtr. minimum consider – Main Road But range Rs.70000 Sq.mtr. to Rs.90000 Sq.mtr. |
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Value of Land |
100.00 Sq.mtr. * @ Rs.75000 Sq.mtr. = Rs. 7.500 Million “A” |
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COST OF PRODUCTION |
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Plinth Area Rate |
15000 Sq.mtr. all rate consider dep rate – renovated |
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(Services work like electrical work, sanitary work, water supply, superior work like flooring, wood work and depreciated cost ) |
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Covered Area Rate in all floors |
Bsement 40 Sq.mtr.+Ground Floor 60 Sq.mtr. + First Floor 24 Sq.mtr. = 124 Sq.mtr. |
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Covered area |
124 Sq.mtr. @ Rs.15000 Sq.mtr. = Rs.1.860 Million |
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Boundry wall and path and Temp shed |
Rs.0.800 Million |
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Total Cost of Production |
Rs.2.660 Million “B” |
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Total Value of property |
Value of land + Cost of Production (A+B) Rs. 7.500 Million + Rs.2.660 Million =Rs.10.160 Million |
------------------------------------------------------------------------------------------------------------
VALUATION REPORT
GENERAL INFORMATION
[RS. IN MILLION]
|
Registered No. |
Cat-I/288/1995 |
|
|
|
|
Name of the registered valuer |
B. P. Singh |
|
|
|
|
Purpose for which valuation is made |
Bank loans / limit from Dena Bank |
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|
|
|
Date of which valuation is made |
8.10.2015 |
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|
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Name of owner |
Mr. S K Pathak s/o Mr. B P Pathak Mr. Mahesh Kumar Jain s/o Mr. M K Jain |
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|
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|
If the property is under joint ownership / Co-Ownership, share of each owner. Are the shares undivided? |
Joint Owner |
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Brief Description of the property |
Ground Floor + 2-Storey Building |
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Location, Street, Ward No. |
Dilshad Garden IIIAQA Shahdara Vill Lhilmil, Tahirpur |
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|
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Survey/Plot no. of Land |
Plot No. 32/2, Khasra No.416/267 |
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|
|
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Is the property situated in residential area? |
Industrial Area |
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|
|
|
Classification of locality – High class / Middle class / Poor class |
Middle class |
|
|
|
|
Proximity to civic amenities like schools, Hospitals, offices, market, cinema etc. |
Available Near by |
|
|
|
|
Means and Proximity to surface communication by which the locality is served |
By roads |
|
|
|
|
LAND |
|
|
Area of land supported by documentary proof shape, dimensions and physical features |
=87.11 Sq.yards = 72.83 Sq.mtr. = 24’6’’*32 East-OP, West – 20’ Road. South OP, North = 20,Road |
|
|
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|
Roads, Streets of lanes on which the land is aborting |
Road |
|
|
|
|
Is it freehold or leasehold land? |
Freehold |
|
|
|
|
If lease-hold the name of lessor etc |
Not Available |
|
Initial premium |
-- |
|
Ground rent payable per annum |
|
|
Unearned increase payable to the lessee in the event of sales to transfer |
|
|
|
|
|
Is there any restrictive covenant in regard to use of land? If so, attach a copy of the covenant? |
Industrial |
|
|
|
|
Are there any agreement of easements? |
Nil |
|
|
|
|
Does the land fall in area included in any Town Planning Scheme or any Development Plan of Government of any statutory body? If so, give particulars. |
No |
|
|
|
|
Has any contribution been made towards or is any demand for contribution still outstanding? |
Nil |
|
|
|
|
Has the whole or part of the land been notified for acquisition by Government or any statutory body? |
No |
|
|
|
|
IMPROVEMENTS |
|
|
|
|
|
Furnish technical details of the building on a separate sheet. (The annexure to this form may be used) |
-- |
|
|
|
|
Is the building owner occupied / tenanted/ both |
|
|
If partly owner occupied, specify portion and extent of area under owner occupation |
Self-occupied property |
|
|
|
|
What is the Floor-Space-Index permissible and percentage actually utilized? |
B.B.L. |
|
|
|
|
RENTS |
|
|
Names of tenants / lessees / licenses etc. |
Not Available |
|
--Portions in their occupation |
|
|
--Monthly or annual rent/compensation/license fee etc. paid by each. |
|
|
--Gross amount received for whole property |
|
|
|
|
|
Are any of the occupants related to or close business associates of the owner, range etc.? If so give details |
Not Available |
|
|
|
|
What is the amount of property tax? Who is beat it? Give details with documentary proof. |
|
|
|
|
|
Is the building insured? If so give the policy no. amount for which it is insured annual premium. |
Not Available |
|
|
|
|
Is any dispute between landlord and tenant regarding rent of building in a court of law? |
No |
|
|
|
|
Has any standard rent been fixed for the premises under any law relating to the control of rent? |
No |
|
|
|
|
Land rate adopted in this valuation |
Market Rate Rs.125000 Sq.Yards |
|
|
|
|
Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, Regis. No. sales price and area of land sold |
As per compare circle rate and market rate / Sqmt |
|
|
|
|
COST OF
CONSTRUCTION |
|
|
Year of commencement of construction by contract and year of completion |
1990-1999 |
|
|
|
|
What was the method of construction by contract by contract / by employing labour direct / both? |
Contract |
|
|
|
|
TECHNICAL DETAILS |
|
|
No. of floors and height of each floor |
|
|
1.Basement |
|
|
2.Ground Floor and First Floor |
|
|
3.Second Floor and Third Floor |
|
|
|
|
|
Plinth area Floor wise |
Floor Covered Area Height / roof |
|
1. Ground Floor |
783 Sq.Ft. |
|
2. First Floor |
783 Sq.Ft. |
|
3. Second Floor |
783 Sq.Ft. |
|
4. Third Floor |
783 Sq.Ft. |
|
|
|
|
Year of construction |
1990-1999 |
|
|
|
|
Estimated future life |
50 Years for R.C.C. |
|
|
|
|
Type of construction – Lord Bearing wall / R.C.C. frame / Steel frame |
Load bearing walls + Framed structure Industrial shed and hall |
|
|
|
|
Type of foundation |
Spread + Colomn footing |
|
|
|
|
Walls |
|
|
1.Basement and plinth |
BW in CM |
|
2.Ground Floor |
|
|
3.Superstructure above Ground Floor |
|
|
|
|
|
Partitions |
4.5’’ th walls |
|
|
|
|
Doors and windows (Floor wise) |
Soft wood / shutter / steel |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
|
3. First Floor |
-- |
|
3. M. Floor to Top Floor |
|
|
|
|
|
Flooring (Floor wise) |
Kota / Marble in Office |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
|
3. First Floor |
|
|
3. M. Floor to Top Floor |
-- |
|
|
|
|
Finishing (Floor wise) |
|
|
1.Basement |
The walls are plastered and further finished in distemper, snowcem etc. G.Tile in Toilet – Comleted |
|
2.Ground Floor and |
|
|
3. First Floor |
|
|
3. M. Floor to Top Floor |
|
|
|
|
|
Roofing and terracing |
R.C.C. |
|
|
|
|
Special architectural or decorative features if any |
Yes |
|
|
|
|
Internal / wiring – surface or conduit |
Conduit |
|
Class or fitting – superior / ordinary / poor |
Medium |
|
|
|
|
Sanitary Installation |
-- |
|
No. of water closets |
|
|
No. of lavatory basins |
|
|
No. of urinals |
|
|
No. of sinks |
|
|
No. of bath tubs |
|
|
No. of bidets |
|
|
|
|
|
Compound wall: |
|
|
Height and Length |
Yes |
|
Type of construction |
BW in CM |
|
|
|
|
No. of lift and capacity |
Yes |
|
|
|
|
Underground pumps capacity and type of construction |
|
|
|
|
|
Overhead Tank |
|
|
1.Where located |
Terrace |
|
2.Capacity |
1000 ltrs |
|
|
|
|
Pump : No. and Their horse power |
Yes |
|
|
|
|
Road and paving within the compound approximate area and type of paving |
P.C.C. |
|
|
|
|
Sewage disposal whether connected to Public sewers. If septic tanks provided, No. and Capacity |
Connected to M. Sewer |
|
|
|
|
VALUE OF LAND |
|
|
Plot Area |
87.11 Sq.Yards. |
|
|
|
|
Land rate |
Depends upon Location, Situation, Civic amenities available near by approaches roads etc. property is ideally located Market Rate Rs.125000 Sq.Yards. minimum consider – Main Road But range Rs.120000 Sq.Yards. to Rs.140000 Sq.Yards. |
|
|
|
|
Value of Land |
87.11 Sq.Yards. * @ Rs.125000 Sq.Yards. = Rs. 10.889 Million “A” |
|
|
|
|
COST OF PRODUCTION |
|
|
|
|
|
Plinth Area Rate |
700 Sq.ft. all rate consider dep rate – renovated |
|
(Services work like electrical work, sanitary work, water supply, superior work like flooring, wood work and depreciated cost ) |
|
|
|
|
|
Covered Area Rate in all floors |
3132 Sq.ft. |
|
|
|
|
Covered area |
3132 Sq.ft. @ Rs.700 Sq.ft. = Rs.2.192 Million |
|
|
|
|
Extra Cost of misc. and Temp shed |
Rs.0.300 Million |
|
|
|
|
Total Cost of Production |
Rs.2.492 Million “B” |
|
|
|
|
Total Value of property |
Value of land + Cost of Production (A+B) Rs. 10.889 Million + Rs.2.492 Million =Rs.13.381 Million |
------------------------------------------------------------------------------------------------------------
VALUATION REPORT
GENERAL INFORMATION
[RS. IN MILLION]
|
Registered No. |
Cat-I/288/1995 |
|
|
|
|
Name of the registered valuer |
B. P. Singh |
|
|
|
|
Purpose for which valuation is made |
Bank loans / limit from Dena Bank |
|
|
|
|
Date of which valuation is made |
8.10.2015 |
|
|
|
|
Name of owner |
Mrs. Sarla Jain w/o Mr. Madan Kumar Jain |
|
|
|
|
If the property is under joint ownership / Co-Ownership, share of each owner. Are the shares undivided? |
Single Owner |
|
|
|
|
Brief Description of the property |
Ground Floor + 2-Storey Building |
|
|
|
|
Location, Street, Ward No. |
Vishwas Nagar |
|
|
|
|
Survey/Plot no. of Land |
Plot No. 88 Block No.9 |
|
|
|
|
Is the property situated in residential area? |
Industrial Area |
|
|
|
|
Classification of locality – High class / Middle class / Poor class |
Middle class |
|
|
|
|
Proximity to civic amenities like schools, Hospitals, offices, market, cinema etc. |
Available Near by |
|
|
|
|
Means and Proximity to surface communication by which the locality is served |
By roads |
|
|
|
|
LAND |
|
|
Area of land supported by documentary proof shape, dimensions and physical features |
167 Sq.Mt = 200 Sq. yards East = Street, = West – Plot No.72 South, Plot No.89 North = Plot No.87 Road |
|
|
|
|
Roads, Streets of lanes on which the land is aborting |
Road |
|
|
|
|
Is it freehold or leasehold land? |
Freehold |
|
|
|
|
If lease-hold the name of lessor etc |
Not Available |
|
Initial premium |
-- |
|
Ground rent payable per annum |
|
|
Unearned increase payable to the lessee in the event of sales to transfer |
|
|
|
|
|
Is there any restrictive covenant in regard to use of land? If so, attach a copy of the covenant? |
Industrial |
|
|
|
|
Are there any agreement of easements? |
Nil |
|
|
|
|
Does the land fall in area included in any Town Planning Scheme or any Development Plan of Government of any statutory body? If so, give particulars. |
No |
|
|
|
|
Has any contribution been made towards or is any demand for contribution still outstanding? |
Nil |
|
|
|
|
Has the whole or part of the land been notified for acquisition by Government or any statutory body? |
No |
|
|
|
|
IMPROVEMENTS |
|
|
|
|
|
Furnish technical details of the building on a separate sheet. (The annexure to this form may be used) |
-- |
|
|
|
|
Is the building owner occupied / tenanted/ both |
|
|
If partly owner occupied, specify portion and extent of area under owner occupation |
Self-occupied property |
|
|
|
|
What is the Floor-Space-Index permissible and percentage actually utilized? |
B.B.L. |
|
|
|
|
RENTS |
|
|
Names of tenants / lessees / licenses etc. |
Not Available |
|
--Portions in their occupation |
|
|
--Monthly or annual rent/compensation/license fee etc. paid by each. |
|
|
--Gross amount received for whole property |
|
|
|
|
|
Are any of the occupants related to or close business associates of the owner, range etc.? If so give details |
Not Available |
|
|
|
|
What is the amount of property tax? Who is beat it? Give details with documentary proof. |
|
|
|
|
|
Is the building insured? If so give the policy no. amount for which it is insured annual premium. |
Not Available |
|
|
|
|
Is any dispute between landlord and tenant regarding rent of building in a court of law? |
No |
|
|
|
|
Has any standard rent been fixed for the premises under any law relating to the control of rent? |
No |
|
|
|
|
Land rate adopted in this valuation |
Market Rate Rs.200000/- Sq. yards |
|
|
|
|
Give instances of sales of immovable property in the locality on a separate sheet, indicating the name and address of the property, Regis. No. sales price and area of land sold |
As per compare circle rate and market rate / Sqmt |
|
|
|
|
COST OF
CONSTRUCTION |
|
|
Year of commencement of construction by contract and year of completion |
Renovated |
|
|
|
|
What was the method of construction by contract by contract / by employing labour direct / both? |
Contract |
|
|
|
|
TECHNICAL DETAILS |
|
|
No. of floors and height of each floor |
|
|
1.Basement |
|
|
2.Ground Floor and First Floor |
|
|
3.Second Floor and Third Floor |
|
|
|
|
|
Plinth area Floor wise |
Floor Covered Area Height / roof |
|
Basement |
1800 Sq.Ft. |
|
1. Ground Floor |
1800 Sq.Ft. |
|
2. First Floor |
1500 Sq.Ft. |
|
3.Second Floor |
|
|
|
|
|
Year of construction |
|
|
|
|
|
Estimated future life |
Alteration and renovation 60 Years for R.C.C. |
|
|
|
|
Type of construction – Lord Bearing wall / R.C.C. frame / Steel frame |
Load bearing walls + Framed structure Industrial shed and hall |
|
|
|
|
Type of foundation |
Spread + Colomn footing |
|
|
|
|
Walls |
|
|
1.Basement and plinth |
BW in CM |
|
2.Ground Floor |
|
|
3.Superstructure above Ground Floor |
|
|
|
|
|
Partitions |
4.5’’ th walls |
|
|
|
|
Doors and windows (Floor wise) |
Soft wood / shutter / steel |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
|
3. First Floor |
-- |
|
3. M. Floor to Top Floor |
|
|
|
|
|
Flooring (Floor wise) |
Ordinary flooring |
|
1.Basement |
-- |
|
2.Ground Floor and |
-- |
|
3. First Floor |
|
|
3. M. Floor to Top Floor |
-- |
|
|
|
|
Finishing (Floor wise) |
|
|
1.Basement |
The walls are plastered and further finished in distemper, snowcem etc. G.Tile in Toilet |
|
2.Ground Floor and |
|
|
3. First Floor |
|
|
3. M. Floor to Top Floor |
|
|
|
|
|
Roofing and terracing |
R.C.C. |
|
|
|
|
Special architectural or decorative features if any |
No |
|
|
|
|
Internal / wiring – surface or conduit |
Conduit |
|
Class or fitting – superior / ordinary / poor |
Medium |
|
|
|
|
Sanitary Installation |
-- |
|
No. of water closets |
|
|
No. of lavatory basins |
|
|
No. of urinals |
|
|
No. of sinks |
|
|
No. of bath tubs |
|
|
No. of bidets |
|
|
|
|
|
Compound wall: |
|
|
Height and Length |
Yes |
|
Type of construction |
BW in CM |
|
|
|
|
No. of lift and capacity |
Yes |
|
|
|
|
Underground pumps capacity and type of construction |
|
|
|
|
|
Overhead Tank |
|
|
1.Where located |
Terrace |
|
2.Capacity |
1000 ltrs |
|
|
|
|
Pump : No. and Their horse power |
Yes |
|
|
|
|
Road and paving within the compound approximate area and type of paving |
P.C.C. |
|
|
|
|
Sewage disposal whether connected to Public sewers. If septic tanks provided, No. and Capacity |
Connected to M. Sewer |
|
|
|
|
VALUE OF LAND |
|
|
Plot Area |
200 Sq.yards |
|
|
|
|
Land rate |
Depends upon Location, Situation, Civic amenities available near by approaches roads etc. property is ideally located Market Rate Rs.200000 Sq.yards minimum consider – Main Road But range Rs.190000 Sq.yards to Rs.220000 Sq.yards |
|
|
|
|
Value of Land |
200.00 Sq.yards * @ Rs.200000 Sq.yards = Rs. 40.000 Million “A” |
|
|
|
|
COST OF PRODUCTION |
|
|
|
|
|
Plinth Area Rate |
1500 Sq.Ft. all rate consider dep rate – renovated |
|
(Services work like electrical work, sanitary work, water supply, superior work like flooring, wood work and depreciated cost ) |
|
|
|
|
|
Covered Area Rate in all floors |
5100 Sq.Ft. |
|
|
|
|
Covered area |
5100 Sq.Ft. @ Rs.1500 Sq.Ft. = Rs.7.650 Million |
|
|
|
|
Boundry wall and path and Temp shed |
Rs.0.500 Million |
|
|
|
|
Total Cost of Production |
Rs.8.150 Million “B” |
|
|
|
|
Total Value of property |
Value of land + Cost of Production (A+B) Rs. 40.000 Million + Rs.8.150Million =Rs.48.150 Million |
------------------------------------------------------------------------------------------------------------
COMPANY
PROFILE
The firm stared its operations in 2010 as partnership concern and focused on civil and electrical* works for many reputed government entities. The firm is promoted by Mr. Mahesh Kumar Jain and Munesh Kumar Jain, who is qualified civil engineer and having more than 17 years of experience in construction industry.
The firm has completed many projects, details of the some projects is as under:
|
Name of party |
Work details |
|
Noida Authority |
Interconnection of 3311 1 KV Sub-station, Sector-62 C,Sector-62 B-2 and Sector-62 B Noida |
|
Noida Authority |
Strengthing of road (PIL BM and BC etc-on Nithari road between MP -2 and MP-3), Noida |
|
PVVNL |
Work for construction of 33 KV line connecting the 3311 1KV SIS Bulandsahar Road-Ill, Ghaziabad to 132 KV S/SLal kaun Road-Ill, Ghaziabad and Work for construction of 33 KV line 132 KV SIS Teela More to 3311 1 KV S/S Nistoli Ghaziabad |
BRIEF PROFILE OF THE PARTNERS
Mahesh Kumar Jain -
Promoter
Mr. Jain aged 41 years is a Civil Engineer having professional experience of 17 years in construction industry. He handled many prestigious projects. Independently during his 17 years’ experience.
Munesh Kumar Jain -
Partner
Mr. Munesh Jain is Commerce Graduate having a strong hold in the field of Finance Taxation and Labour Laws etc. He is having 15 years of experience in finance and accounts field. He looks after the all financial and accounting matter of the firm.
Subham Jain -Partner
Mr. Subham Jain is having experience of 5 years in Managing and Heading Marketing, Implementation, Customer Support and Commercial Activities. With his proficiency in this field, he plays the key role in securing the construction order with his father.
Stake of the partners
in the firm:
|
Mr. Mahesh Jain |
34% |
|
Mr. Munesh Jain |
33% |
|
Mr. Subham Jain |
33% |
MAJOR CUSTOMERS
The firm is registered as Class-I category contractor with Noida Authority, Pashimanchal Vidut Virtan Nigam Limited (PWNL is a subsidiary of Uttar Pradesh Power Corporation Limited). The Firm is expanding its avenues and is negotiating with private players as well for work.
CURRENTPROJECTS
Currently, the firm has order book of Rs 71 18.63 Lacs from Pashimanchal Vidut Virtan Nigam Limited (PWNL is a subsidiary of Uttar Pradesh Power Corporation Limited) under thed Rajiv Gandhi Grameen Vidyutkaran Yojana (RGGW 12 th Plan).This contract includes Rural eletrification, work in 4 Block (305 Villages) of Uttar Pradesh i.e .Garh Mukesteshwar, Dhaulana, Simbhawali .and Hapur Block. These contracts are to be executed in coming 2 .years. Details of projects in hand are as under:
|
Name of the project
|
Party |
Value (Rs. in million) |
|
|
|
|
|
Construction of New 33 KV line 132 KV sub – station, Govindpuram to 33/0.4KV substation, District Hospital, Sanjay Nagar, Ghaziabad |
U.P. Power Corporation Limited |
0.448 |
|
Construction of New 33 KV Single circuit and double circuit line from 132 KV sub – station, Govindpuram to 33/11 KV substation, District Hospital, Kamla Nehru Nagar, Ghaziabad |
U.P. Power Corporation Limited |
4.240 |
|
Construction of 33KV (underground cable) from 132KV sub-station, Palra to 33/114 KV substation, Khujra No.04, District Bulandsahar |
U.P. Power Corporation Limited |
1.925 |
|
Work of Quality Electrical Supply (11 hrs) to rural areas of PVVNL, Meerut by construction 33KV, 11 KV line to Dehra Rampur, District Hapur |
PVVNL |
51.050 |
|
Rural Electrification work of Dhaulana Block of Hapur District in U P Under RGGVY 12th Plan |
PVVNL |
148.900 |
|
Rural Electrification work of Garh Mukteshwar Block of Hapur District in U P Under RGGVY 12th Plan |
PVVNL |
157.300 |
|
Rural Electrification work of Hapur Block of Hapur District in U P Under RGGVY 12th Plan |
PVVNL |
212.100 |
|
Rural Electrification work of Simbhawalir Block of Hapur District in U P Under RGGVY 12th Plan |
PVVNL |
135.900 |
|
|
|
|
|
Total |
|
711.863 |
------------------------------------------------------------------------------------------------------------
FIXED ASSETS:
- Air Conditioner
- Computer
- Furniture And Fixtures
- Hydraulic Crane
- Mobile Phone
- Refrigerator
- Scooter / M. Cycle
- Thumb Machine
- Vehicles
- Wash Room
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.65.22 |
|
|
1 |
Rs.99.93 |
|
Euro |
1 |
Rs.71.66 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
SNT |
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 |
|
--PROFITABILITY |
1~10 |
5 |
|
--LIQUIDITY |
1~10 |
5 |
|
--LEVERAGE |
1~10 |
4 |
|
--RESERVES |
1~10 |
5 |
|
--CREDIT LINES |
1~10 |
4 |
|
--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 |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
DEFAULTER |
|
|
|
--RBI |
YES/NO |
NO |
|
--EPF |
YES/NO |
NO |
|
TOTAL |
|
43 |
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.