|
|
|
MIRA INFORM REPORT
|
Report No. : |
502060 |
|
Report Date : |
06.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
INFOMEDIA PUBLISHERS PRIVATE LIMITED |
|
|
|
|
Registered Office
: |
Kolohapagamerpur, N.H.28, Sadatpur, Muzaffarpur-842001, Bihar |
|
Mobile No.: |
91-9431020293 [Mr. Shyam Surekha] |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
10.07.2000 |
|
|
|
|
Com. Reg. No.: |
03-009349 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 11.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U22121BR2000PTC009349 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACI8382C |
|
|
|
|
TIN No.: |
10301526004 |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
10AAACI8382C1Z0 |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged in Printing of Newspaper. [Registered Activity] |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January
2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Maximum Credit Limit : |
USD 70600 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject
was incorporated in the year 2000 and it is engaged in printing of
newspapers. As per financials
of March 2017, the company has registered decline in its revenue as compared
to its previous year’s revenue and has reported fair profit margin of 4.32%. Rating
takes into consideration the company’s established track record of business operations
marked by sound net worth base along with debt free balance sheet and decent
liquidity position. Payments
terms seems to be slow but correct. In view
of aforesaid, the company can be considered for business dealings at usual
trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
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
31-03-2016.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 06.04.2018
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly available
IBBI (Insolvency and Bankruptcy Board of India) list as of report date.
INFORMATION DECLINED BY
|
Name : |
Mr. Shyam Surekha |
|
Designation : |
Director |
|
Contact No.: |
91-9431020293 |
|
Date : |
05.04.2018 |
MANAGEMENT NON-COOPERATIVE [91-9334440000]
Given Number [91-612-243210/ 246377] is incorrect
LOCATIONS
|
Registered Office : |
Kolohapagamerpur, N.H.28, Sadatpur, Muzaffarpur-842001, Bihar, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9431020293 [Mr. Shyam Surekha] 91-9334440000 [Office] |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Kamal Kumar Bothra |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
Kala Bhawan, Beni Babu's Garden, Rajendra Path, Lalji Tola, Near CDA Building, Patna-800001, Bihar, India |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
10.07.2000 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00305126 |
|||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Nirmal Kumar Bothra |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
Kala Bhawan, Nazirpur Akharaghat Road, Muzaffarpur-842001, Bihar, India |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.04.2001 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00305525 |
|||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Vikash Kumar Bothra |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
10/A- 1, New Patel Nagar, Behind Hotel Doon Castle, Dehradun-248001, Uttarakhand, India |
|||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
31.10.1982 |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.04.2010 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00312256 |
|||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Anil Agarwal |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
Jawaharlal Road, Muzaffarpur-842001, Bihar, India |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.04.2001 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00312428 |
|||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Shyam Ratan Sureka |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
706, Pushpanjali Venkatesh Budhmarg, Patna-800001, Bihar, India |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.04.2001 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00312577 |
|||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Badri Bishal Tikmani |
|||||||||||||||||||||||||||||||
|
Designation : |
Managing Director |
|||||||||||||||||||||||||||||||
|
Address : |
Tikmani House Amgola Muzaffarpur 842002, Bihar, India |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
14.04.2001 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00312723 |
|||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Nawal Kishore Sureka |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
Sureka Marlet Sutapatti, Muzaffarpur-842001, Bihar, India |
|||||||||||||||||||||||||||||||
|
Experience : |
14.04.2001 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
00312753 |
|||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||
|
Name : |
Mr. Rahul Kumar Bothra |
|||||||||||||||||||||||||||||||
|
Designation : |
Director |
|||||||||||||||||||||||||||||||
|
Address : |
Kala Bhawan, Beni Babu's Garden, Rajendra Path, Lalji Tola, Near Cda Buil Ding, Patna-800001, Bihar, India |
|||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
25.04.1989 |
|||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.04.2010 |
|||||||||||||||||||||||||||||||
|
DIN No.: |
01714288 |
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|
||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Anil Agarwal |
|
116500 |
|
Badri Bishal Tikmani |
|
51000 |
|
Badri Bishal Tikmani (HUF) |
|
60000 |
|
Kamal Kumar Bothra |
|
101000 |
|
Manju Devi Bothra |
|
50000 |
|
Manoj Kumar Bothra |
|
71000 |
|
Nawal Kishore Sureka |
|
135000 |
|
Nawal Kishore Sureka (HUF) |
|
87500 |
|
Nirmal Kumar Bothra |
|
91000 |
|
Premlata Devi Bothra |
|
50000 |
|
Rahul Kumar Bothra |
|
50000 |
|
Sarita Devi Sureka |
|
20000 |
|
Sharda Devi Sureka |
|
35000 |
|
Shweta Bothra |
|
50000 |
|
Sunita Agarwal |
|
50000 |
|
Vikash Kumar Bothra |
|
92000 |
|
|
|
|
|
Total |
|
1110000 |
AS ON: 23.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters – Individual/ Hindu Undivided Family – Indian |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in Printing of Newspaper. [Registered Activity] |
||||
|
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|
||||
|
Products : |
|
||||
|
|
|
||||
|
Brand Names : |
Not Available |
||||
|
|
|
||||
|
Agencies Held : |
Not Available |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
|
||||
|
Selling : |
Not Divulged |
||||
|
|
|
||||
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||
|
|
|
||||||||||||||
|
Customers : |
|
||||||||||||||
|
|
|
||||||||||||||
|
No. of Employees : |
Not Divulged |
||||||||||||||
|
|
|
||||||||||||||
|
Bankers : |
The Saraswat Co-op Bank Limited |
|
|
|
|
Auditors : |
|
|
Name : |
AMSD and Associates Chartered Accountants |
|
Address : |
Goel Bhawan, R Road, Bistupur, Jamshedpur-831001, Jharkhand, India |
|
Tel. No.: |
91-657-2320602 |
|
Mobile No.: |
91-9934305748 |
|
E-Mail : |
|
|
PAN No.: |
AAVFA2755P |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1150000 |
Equity Shares |
INR 10/- each |
INR 11.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1110000 |
Equity Shares |
INR 10/- each |
INR 11.100
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
11.100 |
11.100 |
11.100 |
|
(b) Reserves & Surplus |
13.610 |
11.683 |
9.994 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share
Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
24.710 |
22.783 |
21.094 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
1.300 |
1.300 |
1.300 |
|
(b) Deferred tax liabilities (Net) |
0.813 |
0.808 |
0.929 |
|
(c)
Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d)
long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
2.113 |
2.108 |
2.229 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b)
Trade payables |
1.464 |
0.520 |
5.384 |
|
(c)
Other current liabilities |
1.821 |
1.901 |
1.900 |
|
(d)
Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities (4) |
3.285 |
2.421 |
7.284 |
|
|
|
|
|
|
TOTAL |
30.108 |
27.312 |
30.607 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
13.459 |
14.539 |
14.532 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan
and Advances |
1.016 |
1.016 |
1.016 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
14.475 |
15.555 |
15.548 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
5.000 |
0.000 |
0.000 |
|
(b)
Inventories |
2.507 |
1.985 |
4.907 |
|
(c)
Trade receivables |
3.908 |
2.101 |
3.620 |
|
(d)
Cash and cash equivalents |
2.363 |
4.496 |
4.465 |
|
(e)
Short-term loans and advances |
1.855 |
3.175 |
2.067 |
|
(f)
Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
15.633 |
11.757 |
15.059 |
|
|
|
|
|
|
TOTAL |
30.108 |
27.312 |
30.607 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
44.629 |
49.559 |
59.278 |
|
|
|
Other Income |
0.491 |
3.352 |
0.172 |
|
|
|
TOTAL |
45.120 |
52.911 |
59.450 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Employees benefits expense |
17.486 |
18.218 |
9.953 |
|
|
|
Other expenses |
23.492 |
30.437 |
45.606 |
|
|
|
TOTAL |
40.978 |
48.655 |
55.559 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
4.142 |
4.256 |
3.891 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.198 |
0.200 |
0.668 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
3.944 |
4.056 |
3.223 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
1.205 |
1.633 |
2.246 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
2.739 |
2.423 |
0.977 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.812 |
0.734 |
0.303 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
1.927 |
1.689 |
0.674 |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (INR) |
1.74 |
1.52 |
0.61 |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
|
|
|
|
|
Cash generated from operations |
3.506 |
(0.626) |
8.345 |
|
|
|
|
|
|
Net Cash from Operating activities
|
2.699 |
(1.481) |
7.739 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
31.96 |
15.47 |
22.29 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
11.42 |
23.59 |
16.38 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
1.65 |
2.14 |
0.79 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.31 |
0.29 |
0.27 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.15 |
0.14 |
0.28 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.05 |
0.06 |
0.06 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.13 |
0.11 |
0.35 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.54 |
0.64 |
0.69 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
20.92 |
21.28 |
5.82 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
4.32 |
3.41 |
1.14 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
6.40 |
6.18 |
2.20 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
7.80 |
7.41 |
3.20 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
4.76 |
4.86 |
2.07 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
4.00 |
4.04 |
1.39 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.82 |
0.83 |
0.69 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.12 |
0.12 |
0.12 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
4.76 |
4.86 |
2.07 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
11.100 |
11.100 |
11.100 |
|
Reserves & Surplus |
9.994 |
11.683 |
13.610 |
|
Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
21.094 |
22.783 |
24.710 |
|
|
|
|
|
|
long-term borrowings |
1.300 |
1.300 |
1.300 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
1.300 |
1.300 |
1.300 |
|
Debt/Equity
ratio |
0.062 |
0.057 |
0.053 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
59.278 |
49.559 |
44.629 |
|
|
|
(16.396) |
(9.948) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
59.278 |
49.559 |
44.629 |
|
Profit/ (Loss) |
0.674 |
1.689 |
1.927 |
|
|
1.14% |
3.41% |
4.32% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
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 |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES
|
CHARGES REGISTERED |
||||||||
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
Y10372355 |
90264269 |
STATE BANK OF INDIA |
09/02/2001 |
- |
- |
15500000.0 |
INDUSTRIAL FINANCE BRANCHRED CROSS BUILDINGPATNABRIN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Loans and Advance From Related parties |
1.300 |
1.300 |
|
|
|
|
|
Total |
1.300 |
1.300 |
INDUSTRIAL
SCENARIO AND STATE OF COMPANY’S AFFAIRS:
The company is a Private Company engaged Inter Alia in the area of
Printing of Newspapers having registered office in Muzaffarpur.
FIXED ASSETS:
· Land
· Factory Building
· Office Equipment
· Plant and Machinery
· Electrical Installation
· Tools and Equipments
· Furniture and Fixtures
· Motor Cycle
· Air Conditioner
· Computer
· Office Equipments
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No 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
|
INR |
|
US Dollar |
1 |
INR 65.06 |
|
UK Pound |
1 |
INR 91.50 |
|
Euro |
1 |
INR 79.78 |
INFORMATION DETAILS
|
Information
Gathered by : |
KAM |
|
|
|
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
RUP |
SCORE FACTORS
|
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 |
NO |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.