|
|
|
MIRA INFORM REPORT
|
Report No. : |
496913 |
|
Report Date : |
19.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
SRI ANNAPURNESWARI TRADING CORPORATION |
|
|
|
|
Registered
Office : |
Sainagara Neralur, Anekal Taluk, Attibele Hobli, Bangalore-562107,
Karnataka |
|
Mobile No.: |
91-9108888815/ 9986957276 [Mr. Ravichandra M] |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2018 [Estimated] |
|
|
|
|
Date of Establishment
: |
04.04.2012 |
|
|
|
|
Capital
Investment : |
INR 7.519 Million |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
29BENPR7440M1ZL |
|
|
|
|
TIN No.: |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
BENPR7440M |
|
|
|
|
Legal Form : |
Sole Proprietary Concern |
|
|
|
|
Line of Business
: |
Manufacturer
of all types of Hydraulic Machines, Sharing, Bending Machine and Industrial Machines
Sales and Scaffoldings, Centering Materials Manufacturer with Rental
Services. [Confirmed by Management] |
|
|
|
|
No. of Employees
: |
60 [Approximately] [In Factory: 20 and In Branch: 40] |
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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject
is a proprietorship concern established in the year 2012 and it is a manufacturer
of Hydraulic Machines, Bending Machine and Industrial Machines. As per
financials of March 2017, the subject has achieved a decent sales turnover of
INR 11.23 million and has reported good profit margin of 16.28%. Rating
takes into consideration the subject’s satisfactory capital base along with
ideal debt coverage indicators and average liquidity position. Further,
Customer (Maruthi Enterprises) and Supplier (Amco Exports) gave positive
response about the subject. Banker (Bank of India) also gave positive
response about the subject. As per
unaudited financials of March 2018, the subject has registered a 15 million
and has reported 16.58%. Payments
seems to be usually correct. In view of
aforesaid, the subject 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 19.04.2018.
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 PARTED BY
|
Name : |
Mr. Ravichandra M |
|
Designation : |
Proprietor |
|
Contact No.: |
91-9108888815 |
|
Date : |
17.04.2018 |
LOCATIONS
|
Registered Office/ Factory : |
Sainagara Neralur, Anekal Taluk, Attibele Hobli, Bangalore-562107,
Karnataka, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9108888815/ 9986957276 [Mr. Ravichandra M] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area : |
1800 Sq. Ft |
|
Location : |
Rented |
|
Locality : |
Commercial cum Residential |
SOLE PROPRIETOR
|
Name : |
Mr. Ravichandra M |
|
Designation : |
Proprietor |
|
Address : |
S No 140, Sainagara Neralur Post, Anekal Tq, Attibele Hobli,
Bangalore-562107, Karnataka, India |
|
Date of Birth/Age : |
03.03.1980 |
|
Qualification : |
PUC |
|
Experience : |
10 Years |
|
PAN No.: |
BENPR7440M |
|
Aadhar Card No: |
380832175281 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer
of all types of Hydraulic Machines, Sharing, Bending Machine and Industrial Machines
Sales and Scaffoldings, Centering Materials Manufacturer with Rental
Services. [Confirmed by Management] |
|
|
|
|
Products/ Services : |
·
Hydraulic Machines ·
Sharing ·
Bending Machine and Industrial Machines Sales and Scaffoldings |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
|
|
Products : |
Not Available |
|
Countries : |
Not Available |
|
|
|
|
Imports : |
|
|
Products : |
Not Available |
|
Countries : |
Not Available |
|
|
|
|
Terms : |
|
|
Selling : |
Credit [30 Days] |
|
|
|
|
Purchasing : |
Credit [30 Days] |
GENERAL INFORMATION
|
Suppliers : |
|
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Customers : |
Retailers
|
|||||||||||||||||||||||||||
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|||||||||||||||||||||||||||
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No. of Employees : |
60 [Approximately] [In Factory: 20 and In Branch: 40] |
|||||||||||||||||||||||||||
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Bankers : |
|
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|||||||||||||||||||||||||||
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Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
M. Gopi Krishna and Company Chartered Accountants |
|
Address : |
Bogadi, Mysore, Karnataka, India |
|
Mobile No: |
91-9880575575 |
|
E-mail : |
|
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
ESTIMATED
CAPITAL ACCOUNT AS ON 31.03.2018
|
PARTICULARS |
INR IN MILLION |
PARTICULARS |
INR IN MILLION |
|
Drawings |
0.250 |
Balance B/d |
6.085 |
|
Self Assessment Tax |
0.400 |
Net Profit Trf from P & L A/c |
2.487 |
|
Interest on Housing Loan |
0.400 |
Rental Income from House Property |
0.319 |
|
Tax Deducted at Source |
0.075 |
Bank SB A/c Interest |
0.003 |
|
Life Insurance Premium LIC of India |
0.150 |
|
|
|
Tution Fees |
0.100 |
|
|
|
|
|
|
|
|
Balance C/d |
7.519 |
|
|
|
|
----------- |
|
|
|
Total |
8.894 |
|
8.894 |
FINANCIAL ANALYSIS
[all figures are in
INR Million]
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
31.03.2018 [Estimated] |
31.03.2017 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Proprietor Capital Account |
|
7.519 |
6.085 |
|
|
2] Reserves & Surplus |
|
0.000 |
0.000 |
|
|
NETWORTH |
|
7.519 |
6.085 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
9.700 |
9.588 |
|
|
2] Unsecured Loans |
|
8.568 |
8.568 |
|
|
TOTAL BORROWING |
|
18.268 |
18.156 |
|
|
DEFERRED TAX LIABILITIES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
25.787 |
24.241 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
18.513 |
19.033 |
|
|
Capital work-in-progress |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
0.000 |
0.000 |
|
|
DEFERREX TAX ASSETS |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
4.750
|
4.392 |
|
|
Sundry Debtors |
|
0.650
|
1.159 |
|
|
Cash & Bank Balances |
|
0.319
|
0.349 |
|
|
Other Current Assets |
|
2.500
|
0.000 |
|
|
Loans & Advances |
|
0.055
|
0.030 |
|
Total
Current Assets |
|
8.274
|
5.930 |
|
|
Less :
CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
1.000
|
0.722 |
|
|
Other Current Liabilities |
|
0.000
|
0.000 |
|
|
Provisions |
|
0.000
|
0.000 |
|
Total
Current Liabilities |
|
1.000
|
0.722 |
|
|
Net Current Assets |
|
7.274
|
5.208 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
25.787 |
24.241 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2018 [Estimated] |
31.03.2017 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
|
15.000 |
11.256 |
|
|
|
Other Income |
|
23.000 |
21.580 |
|
|
|
TOTAL |
|
38.000 |
32.836 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
|
12.142 |
10.166 |
|
|
|
Freight and Coolie |
|
1.150 |
0.988 |
|
|
|
Power and Fuel |
|
0.350 |
0.322 |
|
|
|
Rent Office Rent |
|
0.144 |
0.125 |
|
|
|
Compensation
to Employees |
|
|
|
|
|
|
Salary and Wages |
|
0.675 |
0.602 |
|
|
|
Labour Charges |
|
18.500 |
13.964 |
|
|
|
Travelling Expenses |
|
0.550 |
0.436 |
|
|
|
Telephone and Mobile Charges |
|
0.125 |
0.090 |
|
|
|
Rates
and Taxes Professional Tax |
|
0.003 |
0.003 |
|
|
|
Audit Fees |
|
0.045 |
0.035 |
|
|
|
Other
Expenses |
|
|
|
|
|
|
Accounting Charges |
|
0.080 |
0.070 |
|
|
|
General Expenses |
|
0.200 |
0.182 |
|
|
|
Machinery Mainteance |
|
0.000 |
0.386 |
|
|
|
Pooja Expenses |
|
0.045 |
0.061 |
|
|
|
Printing and Stationery |
|
0.038 |
0.033 |
|
|
|
Shop Expenses |
|
0.080 |
0.070 |
|
|
|
Vehicle Maintenance |
|
0.325 |
0.289 |
|
|
|
Transportation Charges |
|
0.000 |
2.070 |
|
|
|
TOTAL |
|
34.452 |
29.892 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST AND DEPRECIATION AND AMORTISATION |
|
3.548 |
2.944 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
0.540 |
0.498 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE, DEPRECIATION AND AMORTISATION |
|
3.008 |
2.446 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
0.521 |
0.614 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT |
|
2.487 |
1.832 |
|
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2018 [Estimated] |
31.03.2017 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
|
15.82 |
37.58 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
|
23.08 |
9.71 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
|
30.06 |
25.92 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
|
0.75 |
0.67 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
|
0.19 |
0.15 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2018 [Estimated] |
31.03.2017 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets) |
|
0.72 |
0.76 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
|
2.43 |
2.98 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
|
1.27 |
1.53 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
|
2.46 |
3.13 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
|
6.57 |
5.91 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
|
31.03.2018 [Estimated] |
31.03.2017 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
|
16.58 |
16.28 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
|
9.28 |
7.34 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
|
33.08 |
30.11 |
SOLVENCY RATIOS
|
PARTICULARS |
|
31.03.2018 [Estimated] |
31.03.2017 |
|
Current Ratio (Current Assets / Current Liabilities) |
|
0.86 |
0.64 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
|
0.37 |
0.17 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
|
0.28 |
0.24 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
|
2.43 |
2.98 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
|
0.86 |
0.64 |
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 |
31.03.2017 |
31.03.2018
[Estimated] |
|
|
INR
In Million |
INR
In Million |
|
Proprietor Capital |
6.085 |
7.519 |
|
Reserves & Surplus |
0.000 |
0.000 |
|
Net
worth |
6.085 |
7.519 |
|
Secured Loans |
9.588 |
9.700 |
|
Unsecured Loans |
8.568 |
8.568 |
|
Total
borrowings |
18.156 |
18.268 |
|
Debt/Equity
ratio |
2.984 |
2.430 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2017 |
31.03.2018
[Estimated] |
|
|
INR
In Million |
INR
In Million |
|
Sales |
11.256 |
15.000 |
|
|
|
33.262 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2017 |
31.03.2018
[Estimated] |
|
|
INR
In Million |
INR
In Million |
|
Sales |
11.256 |
15.000 |
|
Profit |
1.832 |
2.487 |
|
|
16.28% |
16.58% |
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 |
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 |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
Yes |
|
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 two years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last two years |
Yes |
|
30 |
Major shareholders, if available |
No |
|
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 LOANS
|
PARTICULARS |
31.03.2018 (INR In Million) |
31.03.2017 (INR In Million) |
|
From Others |
8.568 |
8.568 |
|
|
|
|
|
Total |
8.568 |
8.568 |
-----------------------------------------------------------------------------------------------------------------------------
COMPANY PROFILE
Sri Annapurneswari Trading Corporation is a prominent manufacturer and supplier of Scaffolding systems. The products they offer are Scaffolding systems Bangalore, Scaffolding Rental Services and scaffolding Hiring Services. Industrial Machine Sales & Purchase.
Sri Annapurneswari Trading corporation is established in the year 2010. They are engaged in manufacturing and supplying superior quality Scaffolding Systems to their customers. The products they offer are Scaffolding Systems Industrial Machine sales & Purchase Bangalore.
Scaffolding Rental Services and Scaffolding Hiring Services. Industrial Machine Sales & Purchase.
-----------------------------------------------------------------------------------------------------------------------------
FIXED ASSETS:
· Residential House
· Site
· Site
· Agricultural Land
· Residential House
· Furniture and Fixtures
· Motor Cycle
· Motor Cars
· Computers
· Plant and Machinery
-----------------------------------------------------------------------------------------------------------------------------
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 records 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 |
INR 65.68 |
|
|
1 |
INR 93.98 |
|
Euro |
1 |
INR 81.30 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
IND |
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.