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MIRA INFORM REPORT
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Report No. : |
503087 |
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Report Date : |
11.04.2018 |
IDENTIFICATION DETAILS
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Name : |
AKSH OPTIFIBRE LIMITED |
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Registered
Office : |
F-1080, Phase - III, RIICO Industrial Area, Bhiwadi - 301019,
Rajasthan |
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Tel. No.: |
91-1493-221333 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
19.03.1986 |
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Com. Reg. No.: |
17-016132 |
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Capital
Investment / Paid-up Capital : |
INR 813.325 Million |
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CIN No.: [Company Identification
No.] |
L24305RJ1986PLC016132 |
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IEC No.: [Import-Export Code No.] |
0591031868 |
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TIN No.: |
08620850659 |
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GSTN : [Goods & Service Tax
Registration No.] |
08AAACA0062F1ZA |
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TAN No.: [Tax Deduction &
Collection Account No.] |
JPRA01280G |
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PAN No.: [Permanent Account No.] |
AAACA0062F |
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Legal Form : |
A Public Limited Liability Company. The Company’s Shares are Listed on
the Stock Exchanges |
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Line of Business
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Subject is engaged in the manufacturing and selling of Optical Fibre, Optical Fibre Cable, Fibre Reinforced Plastic Rods and Impregnated Glass Roving Reinforcement. The Company caters to both domestic and international markets. The Company also provides the E Governance services, FTTH and Internet Protocol Television (IPTV) services. [Registered Activity] |
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No. of Employees
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354 (Approximately) Note: As per latest annual report there is
an increase in the number of employees over past years and current number of
employees are 354. |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Maximum Credit Limit : |
USD 13580000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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Comments : |
Aksh Optifibre Limited is a manufacturer and seller of Optical fibre,
Optical fibre cable, fibre reinforced plastic rods and impregnated glass
roving reinforcement. The company was incorporated in the year 1986. For the financial year 2017, the company has increased its revenue
from operation as compared to previous year and maintained average profit
margin of 3.29%. Rating reflects its sound financial base backed by adequate networth
profile and good liquidity position of the company. The rating also takes into consideration healthy growth in operating
income of the company witnessed over the last two years, backed by execution
of orders from reputed clients like Reliance Jio Infocomm Limited, Corning
Cable Systems, National Optic Fibre Network project and Network for Spetrum
project etc. Further, the company also derives strength from well-established track
record of business operations and market position. Trade relations are reported as fair. Business is active. Payments are
seems to be regular. The company 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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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India |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
EXTERNAL AGENCY RATING
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Rating Agency Name |
ICRA |
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Rating |
Fund based limits = BBB- |
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Rating Explanation |
Moderate degree of safety and moderate
credit risk |
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Date |
24.08.2017 |
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Rating Agency Name |
ICRA |
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Rating |
Short term rating = A3 |
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Rating Explanation |
Moderate degree of safety and higher credit
risk |
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Date |
24.08.2017 |
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
31-03-2018.
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 11.04.2018.
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 DENIED BY
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Name : |
Mr. Santosh |
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Designation : |
Accounts Department |
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Contact No.: |
91-11-26991508 / 09 |
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Date : |
09.04.2018 |
Tel. No.:91-1493-221333 (Ringing)
LOCATIONS
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Registered Office/
Factory 1 (Fibre and Cable Division): |
F-1080, Phase-III, RIICO Industrial Area, Bhiwadi - 301019, Rajasthan,
India |
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Tel. No.: |
91-1493-221954 / 221955 / 221636 / 223536 / 221333 / 220763 / 220388 / 220718 |
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Fax No.: |
91-1493-221636 / 221329 |
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E-Mail : |
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Website : |
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Corporate Office : |
A-25, 2nd Floor, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi -110044, India |
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Tel. No.: |
91-11-26991508 / 09 |
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Fax No.: |
91-11-26991510 |
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Factory 2 (Fibre and
Cable Division) : |
F-1075-81, RIICO Industrial Area (Phase III), Bhiwadi-301019, Rajasthan, India |
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Tel No: |
91-1493-221333 / 220763 / 220388 / 220718 |
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Fax No: |
91-1493-221955 / 223536 |
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Factory 3 : |
A-315 (B), RIICO Industrial Area (Phase I), Bhiwadi-301019, Rajasthan, India |
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Tel./Fax No.: |
91-1493-221955 / 223536 |
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Factory 4 (FRP and
Cable Division) : |
SP-47, Shri Khatu Shyamji Industrial Complex, Reengus, District Sikar-332404, Rajasthan, India |
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Tel No: |
91-1575-224151 / 224154 |
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Fax No: |
91-1575-224150 |
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Factory 5 (FRP and
Cable Division) : |
A - 58,59 Shri Khatu Shyam Ji Industrial Complex, Reengus, District Sikar – 332404, Rajasthan, India |
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Factory 6 (FRP Manufacturing
Facility) : |
Survey No.: 2/2/1, Village Karad, Madhuban Dam Road, Silvassa-396230, U. T. of Dadra and Nagar Haveli, India |
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Factory 7
(Opthalmic Lens Division): |
A-56, Kahrani, Bhiwadi-301019, Rajasthan, India |
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1Stop Aksh Division
and Network Operating Centre : |
M-18 Flatted Software Complex, EPIP Jaipur -302022, Rajasthan, India |
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Tel No: |
91-141-2770085 |
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Fax No: |
91-141-2770710 |
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1Stop Aksh Division
and Network Operating Centre 2 : |
The Diamond, 4th Floor, Urbana Jewels, Opposite SEZ Road, Muhana Terminal Market, Sanganer, Jaipur -302026, Rajasthan, India |
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AOL FRP Division,
JAFZA, Dubai : |
Plot No. S10914, PO Box. 17267, Jebel Ali, Dubai, United
Arab Emirates |
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Network Operation Centers : |
Located at:
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DIRECTORS
AS ON 31.03.2017
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Name : |
Dr. Kailash Shantilal Choudhari |
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Designation : |
Chairman and Managing Director |
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Address : |
A-12, First Floor, Geetanjali Enclave, New Delhi-110017, India |
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Date of Appointment : |
05.04.1986 |
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DIN No.: |
00023824 |
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Name : |
Mr. Satyendra Kumar Gupta |
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Designation : |
Managing Director |
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Address : |
88, Pocket E Mayur Vihar, Phase II, Delhi-110091, India |
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Date of Appointment : |
28.05.2016 |
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DIN No.: |
00035141 |
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Name : |
Mr. Bachh Raj Rakhecha |
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Designation : |
Director |
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Address : |
D-16B, 2nd Floor, Hauz Khas, New Delhi-110016, India |
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Date of Appointment : |
22.07.2003 |
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DIN No.: |
00026729 |
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Name : |
Mr. Amrit Nath |
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Designation : |
Director |
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Address : |
4/101, Gf Unit -II 19, Rajpur Road, Civil Lines, Delhi-110054, India |
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Date of Appointment : |
17.09.2010 |
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DIN No.: |
00431866 |
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Name : |
Ms. Devika Raveendran |
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Designation : |
Director |
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Address : |
A-3, 2nd Floor, Jangpura Extension, New Delhi -110014, India |
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Date of Appointment : |
26.09.2015 |
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DIN No.: |
07191153 |
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Name : |
Gauri Shankar |
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Designation : |
Additional Director |
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Address : |
Flat P-4, 16th Floor, Tower-L, Amarpali Sapphire, Sector-45, Gautam Buddha Nagar, Noida-201301, Uttar Pradesh, India |
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Date of Appointment : |
08.04.2017 |
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DIN No.: |
06764026 |
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No Company exists
for a Director Mr. Dinesh Kumar Mathur – Director |
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KEY EXECUTIVES
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Name : |
Mr. Gaurav Mehta |
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Designation : |
Chief-Corporate Affairs and Company Secretary |
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Address : |
Type- III/132, Ordnance Factory Estate Muradnagar, Ghaziabad-201206, Uttar Pradesh, India |
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Date of Appointment : |
16.03.2010 |
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PAN No.: |
AJZPM1463F |
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Name : |
Mr. Pawan Kumar Gambhir |
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Designation : |
Chief Financial Officer |
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Address : |
Lotus Boulevard, 1502 Tower No 8, Near Pathways School, Sector-100, Gautam Budha Nagar, Noida-201301, Uttar Pradesh, India |
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Date of Appointment : |
28.05.2016 |
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PAN No.: |
AGYPG3616J |
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Name : |
Mr. Santosh |
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Designation : |
Accounts Department |
SHAREHOLDING PATTERN
AS ON DECEMBER 2017
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Category of shareholder |
Total nos. shares held |
Shareholding as a % of total no. of
shares (calculated as per SCRR, 1957)As a % of (A+B+C2) |
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(A) Promoter & Promoter Group |
44962815 |
27.64 |
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(B) Public |
117702255 |
72.36 |
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Grand Total |
162665070 |
100.00 |
STATEMENT SHOWING SHAREHOLDING PATTERN OF THE PROMOTER AND PROMOTER
GROUP
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Category of shareholder |
Total nos. shares held |
Shareholding as a % of total no. of shares
(calculated as per SCRR, 1957)As a % of (A+B+C2) |
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A1) Indian |
0.00 |
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Individuals/Hindu undivided Family |
24760897 |
15.22 |
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Bharati Shailesh Sundesha |
2758402 |
1.70 |
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Shailesh Popatlal |
5453753 |
3.35 |
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Sharda Popatlal |
3967682 |
2.44 |
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Seema Choudhari |
7000000 |
4.30 |
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Rohan Kailash Choudhari |
150500 |
0.09 |
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Rashi Choudhari |
150500 |
0.09 |
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Popatlal Fulchand |
5280060 |
3.25 |
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Sub Total A1 |
24760897 |
15.22 |
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A2) Foreign |
0.00 |
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Individuals (NonResident Individuals/ Foreign Individuals) |
20201918 |
12.42 |
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Kailash Shantilal Choudhar |
20201918 |
12.42 |
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Sub Total A2 |
20201918 |
12.42 |
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A=A1+A2 |
44962815 |
27.64 |
STATEMENT SHOWING SHAREHOLDING PATTERN OF THE PUBLIC SHAREHOLDER
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Category & Name of the Shareholders |
Total no. shares held |
Shareholding % calculated as per SCRR,
1957 As a % of (A+B+C2) |
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B1) Institutions |
0.00 |
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Foreign Portfolio Investors |
400000 |
0.25 |
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Financial Institutions/ Banks |
129815 |
0.08 |
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Sub Total B1 |
529815 |
0.33 |
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B2) Central Government/ State Government(s)/ President of India |
0.00 |
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B3) Non-Institutions |
0.00 |
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Individual share capital upto INR 0.200 Million |
59577029 |
36.63 |
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Individual share capital in excess of INR 0.200 Million |
18609932 |
11.44 |
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NBFCs registered with RBI |
191059 |
0.12 |
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Employee Trusts |
413370 |