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|
PMIRA INFORM REPORT
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Report No. : |
505106 |
|
Report Date : |
21.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
BASAI STEELS AND POWER PRIVATE LIMITED (w.e.f. 07.04.2010) |
|
|
|
|
Formerly Known
As : |
BASAI STEELS PRIVATE LIMITED |
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|
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Registered
Office : |
A-30, Shankar Towers, 1st Floor, Associated Industrial Estate,
Balanagar, Hyderabad – 500037, Telangana |
|
Tel. No.: |
91-40-23774180 |
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|
|
|
Country : |
India |
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Financials (as
on) : |
31.03.2016 |
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|
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Date of Incorporation
: |
29.01.2002 |
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|
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Com. Reg. No.: |
36-038411 |
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Capital
Investment / Paid-up Capital : |
INR 630.000 Million |
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|
|
|
CIN No.: [Company Identification
No.] |
U27109TG2002PTC038411 |
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|
|
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IEC No.: [Import-Export Code No.] |
0903011328 |
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|
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CST/ TIN No.: |
36720109554 |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
|
PAN No.: [Permanent Account No.] |
AACCB5351J |
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|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
36AACCB5351J1ZP |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
Manufacturer of Power Billets and Sponge. (Registered Activity and
also Confirmed by
management) |
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|
|
|
No. of Employees
: |
300 (Approximately) |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
Status : |
Moderate |
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|
|
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Payment Behaviour : |
Slow |
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Litigation : |
Clear |
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Comments : |
Subject is an established company incorporated in the year 2002 having
moderate track record. Management of the company has not filed its financials with the
government department for the year 2017. As per available financial of 2016, financial position of the company
seems to be weak. The company has registered huge accumulated losses which
has eroded entire net worth of the company Payments are slow. In view of the aforesaid, the company can be considered for business
dealings on safe and secured 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
|
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
31-03-2018.
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 21.04.2018
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 (GENERAL DETAILS)
|
Name : |
Mr. Mayur Agarwal |
|
Designation : |
Manager |
|
Contact No.: |
91-9885300500 |
|
Date : |
19.04.2018 |
LOCATIONS
|
Registered Office : |
A-30, Shankar Towers, 1st Floor, Associated Industrial Estate,
Balanagar, Hyderabad – 500037, Telangana, India |
|
Tel. No.: |
91-40-23774180 |
|
Mobile No.: |
91-9849030471 (Mr. Piyush Agarwal) 91-9000226342 (Mr. Deepak) 91-9885300500 (Mr. Mayur Agarwal) |
|
Fax No.: |
Not Available |
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E-Mail : |
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|
Website: |
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Location: |
Rented |
|
Locality: |
Commercial |
|
|
|
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Factory: |
Ward No.3, Plot No.412, Opposite KPG Farms, Sidiginamola Village, Bellary - 583 138, Karnataka, India |
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Telefax No.: |
91-8392-213085/86 |
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|
|
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Project Office: |
59 , D/1, Parvathi
Nagar , 3rd Main Road ,Bellary - 583
101, Karnataka, India |
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Telefax No.: |
91-8392-268477 |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Gopal Agarwal |
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|
Designation : |
Managing director |
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Address : |
PT.No.22, 5th Lane, Mahindra Hills, Secunderabad -500026, Telangana, India |
||||||||
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Date of Birth/Age : |
11.11.1958 |
||||||||
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Date of Appointment : |
18.06.2007 |
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PAN No.: |
ACLPA3785D |
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DIN No.: |
01362527 |
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Other Directorship
:
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|||||||||
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|
||||||||
|
Name : |
Mr. Piyush Agarwal |
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Designation : |
Whole-time director |
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|
Address : |
H.No.22, Trimurthy Street, Mahendra Hills, Hyderabad – 500026, Telangana, India |
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Date of Birth/Age : |
31.12.1982 |
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Date of Appointment : |
29.01.2002 |
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DIN No.: |
01345907 |
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PAN No.: |
AGTPA8781H |
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KEY EXECUTIVES
|
Name : |
Mr. Mayur Agarwal |
|
Designation : |
Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Anjaneya Steels |
|
3750000 |
|
Associated Commercial Transport |
|
213150 |
|
Girish Agarwal |
|
1427332 |
|
Gopal Agarwal |
|
25853104 |
|
Gopal Agarwal – HUF |
|
51472 |
|
Mamata Agarwal |
|
50000 |
|
Mayur Agarwal |
|
4697476 |
|
Piyush Agarwal |
|
7526840 |
|
Pushpa Agarwal |
|
14143934 |
|
Sandhan Devi Agarwal |
|
11700 |
|
Samchera DMCC |
|
397792 |
|
Sanjana Agarwal |
|
600000 |
|
Suresh Kumar Agarwal |
|
50000 |
|
Sojiram Ispat Private Limited |
|
940000 |
|
Swarnim Credit and Holding Limited |
|
440000 |
|
Swetha Agarwal |
|
2297200 |
|
Techno Strength |
|
280000 |
|
U. Padma |
|
20000 |
|
U. Rajeshwar |
|
190000 |
|
V. Ravi Shankar |
|
60000 |
|
Total |
|
63000000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family-Indian) |
52.98 |
|
Public/Other than promoters (Individual/Hindu Undivided Family-Indian) |
44.19 |
|
Public/Other than promoters (Body corporate) |
2.83 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Power Billets and Sponge. (Registered Activity and
also Confirmed by
management) |
|
|
|
|
Products : |
Power Billets and Sponge |
|
|
|
|
Brand Names : |
Not Available |
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|
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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|
|
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Terms : |
|
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Selling : |
Cheque |
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|
|
|
Purchasing : |
Cheque |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
Retailers and End users
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No. of Employees : |
300 (Approximately) |
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Bankers : |
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|
Auditors : |
|
|
Name : |
N.P Asawa and Associates Chartered Accountant |
|
Address : |
ABISD, Hyderabad, Telangana, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AAFFN2008J |
|
|
|
|
Memberships : |
Not Available |
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|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
As on 30.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
65000000 |
Equity Shares |
INR 10/- each |
INR 650.000 Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
63000000 |
Equity Shares |
INR 10/- each |
INR 630.000
Million |
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
630.000 |
630.000 |
630.000 |
|
(b) Reserves &
Surplus |
(1757.601) |
(1418.648) |
(1239.877) |
|
(c) Money received
against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
325.215 |
321.899 |
323.354 |
|
Total Shareholders’ Funds
(1) + (2) |
(802.386) |
(466.749) |
(286.523) |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
1970.834 |
1972.657 |
1974.266 |
|
(b) Deferred tax
liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
34.665 |
40.766 |
39.948 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
2005.499 |
2013.423 |
2014.214 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
1577.098 |
1577.098 |
1576.594 |
|
(b) Trade payables |
687.144 |
561.681 |
375.060 |
|
(c) Other current
liabilities |
232.157 |
172.679 |
248.498 |
|
(d) Short-term provisions |
9.185 |
4.135 |
3.710 |
|
Total Current Liabilities
(4) |
2505.584 |
2315.593 |
2203.862 |
|
|
|
|
|
|
TOTAL |
3708.697 |
3862.267 |
3931.553 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
1722.630 |
1756.277 |
1859.461 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
832.488 |
892.856 |
925.925 |
|
(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 |
114.800 |
173.335 |
174.064 |
|
(e) Other Non-current
assets |
2.448 |
2.448 |
2.448 |
|
Total Non-Current Assets |
2672.366 |
2824.916 |
2961.898 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
469.633 |
353.024 |
161.658 |
|
(c) Trade receivables |
500.306 |
538.055 |
659.185 |
|
(d) Cash and cash
equivalents |
0.488 |
2.986 |
8.721 |
|
(e) Short-term loans and
advances |
39.200 |
100.706 |
118.123 |
|
(f) Other current assets |
26.704 |
42.580 |
21.968 |
|
Total Current Assets |
1036.331 |
1037.351 |
969.655 |
|
|
|
|
|
|
TOTAL |
3708.697 |
3862.267 |
3931.553 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
922.666 |
1042.520 |
1130.043 |
|
|
Other Income |
2.590 |
1.576 |
(0.640) |
|
|
TOTAL |
925.256 |
1044.096 |
1129.403 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
1044.504 |
1054.490 |
1072.240 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(12.015) |
8.011 |
105.231 |
|
|
Employees benefits
expense |
27.484 |
19.130 |
9.014 |
|
|
Other expenses |
102.175 |
38.749 |
41.204 |
|
|
Prior Period Items |
0.000 |
0.000 |
0.251 |
|
|
TOTAL |
1162.148 |
1120.380 |
1227.940 |
|
|
|
|
|
|
|
Less |
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
(236.892) |
(76.284) |
(98.537) |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
0.280 |
0.020 |
0.974 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX,
DEPRECIATION AND AMORTISATION |
(237.172) |
(76.304) |
(99.511) |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
101.781 |
102.466 |
113.377 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
(338.953) |
(178.770) |
(212.888) |
|
|
|
|
|
|
|
Less |
TAX |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX |
(338.953) |
(178.770) |
(212.888) |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
(5.38) |
(2.84) |
(3.38) |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
8.389 |
(35.030) |
99.261 |
|
Net cash flow from operating activity |
8.320 |
(35.284) |
99.023 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
197.92 |
188.38 |
212.91 |
|
|
|
|
|
|
Account Receivables Turnover ( Income / Sundry Debtors) |
1.84 |
1.94 |
1.71 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
240.12 |
194.42 |
127.67 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
(0.50) |
(0.22) |
(0.61) |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
(0.09) |
(0.03) |
(0.04) |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
1.21 |
1.11 |
1.06 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
(4.42) |
(7.61) |
(12.39) |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
(3.12) |
(4.96) |
(7.69) |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
(3.18) |
(5.68) |
(9.72) |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
(846.04) |
(3814.20) |
(101.17) |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin [(PAT / Sales)
* 100] |
% |
(36.74) |
(17.15) |
(18.84) |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
(9.14) |
(4.63) |
(5.41) |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
42.24 |
38.30 |
74.30 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
0.41 |
0.45 |
0.44 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.23 |
0.30 |
0.37 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
(0.22) |
(0.12) |
(0.07) |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
5.63 |
5.63 |
5.64 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
0.41 |
0.45 |
0.44 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR In Million) |
(INR In Million) |
(INR In Million) |
|
Share Capital |
630.000 |
630.000 |
630.000 |
|
Reserves & Surplus |
(1239.877) |
(1418.648) |
(1757.601) |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
323.354 |
321.899 |
325.215 |
|
Net worth |
(286.523) |
(466.749) |
(802.386) |
|
|
|
|
|
|
long-term borrowings |
1974.266 |
1972.657 |
1970.834 |
|
Short term borrowings |
1576.594 |
1577.098 |
1577.098 |
|
Total borrowings |
3550.860 |
3549.755 |
3547.932 |
|
Debt/Equity ratio |
(12.393) |
(7.605) |
(4.422) |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR In Million) |
(INR In Million) |
(INR In Million) |
|
Sales |
1130.043 |
1042.520 |
922.666 |
|
|
|
(7.745) |
(11.497) |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR In Million) |
(INR In Million) |
(INR In Million) |
|
Sales |
1130.043 |
1042.520 |
922.666 |
|
Profit/ (Loss) |
(212.888) |
(178.770) |
(338.953) |
|
|
(18.84%) |
(17.15%) |
(36.74%) |
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 |
Yes |
|
19 |
Major customers |
Yes |
|
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 |
No |
|
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 |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
NOTE: As confirmed by management the registered office of the company has been shifted from H No.6-27/1, Aishwarya Towers, Plot No.1-B/6, 2nd Floor, R. No. 6, Kukatpally Village, Balanagar, Hyderabad – 500037, Telangana, India to the present address.
INDEX
OF CHARGES
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
C40695835 |
10298249 |
Edelweiss Asset Reconstruction Company Limited |
30/06/2011 |
28/03/2014 |
- |
0.0 |
Edelweiss House, Off. C.S.T Road,Kalina,MumbaiMH400098IN |
|
2 |
C39808266 |
10288467 |
Edelweiss Asset Reconstruction Company Limited |
16/04/2011 |
19/03/2014 |
- |
250000000.0 |
Edelweiss House, Off. C.S.T Road,Kalina,MumbaiMH400098IN |
|
3 |
C80529860 |
10286344 |
Edelweiss Asset Reconstruction Company Limited |
01/04/2011 |
30/12/2015 |
- |
876500000.0 |
Edelweiss House, Off. C.S.T Road,Kalina,MumbaiMH400098IN |
|
4 |
B12721510 |
10293934 |
CANARA BANK |
31/03/2011 |
- |
- |
482000000.0 |
PRIME CORPORATE BRANCH, SHANKARNARAYANA BLDG.NO.25, M G ROADBANGALOREKA560001IN |
|
5 |
C40836538 |
10254073 |
Punjab National Bank |
19/10/2010 |
28/03/2014 |
- |
0.0 |
Large Corporate BranchCentenary Building, 28, MG RoadBangaloreKA560001IN |
|
6 |
C80525082 |
10233533 |
Edelweiss Asset Reconstruction Company Limited |
28/07/2010 |
30/12/2015 |
- |
340000000.0 |
Edelweiss House, Off. C.S.T Road,Kalina,MumbaiMH400098IN |
|
7 |
C58801804 |
10205349 |
ASREC (INDIA) LIMITED |
13/01/2010 |
31/03/2015 |
- |
950000000.0 |
Unit No. 201, 200A, 202 & 200B, Ground Floor,Build No. 2, Solitaire Corporate Park, Andheri (E)Andheri Kurla RoadMH400059IN |
|
8 |
C40836322 |
10192116 |
Punjab National Bank |
09/12/2009 |
28/03/2014 |
- |
0.0 |
Large Corporate BranchCentenary Building, 28, MG RoadBangaloreKA560001IN |
|
9 |
A59765685 |
10151127 |
HDFC BANK LIMITED |
26/03/2009 |
- |
- |
8064807.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
10 |
C40835969 |
10124029 |
Punjab National Bank |
19/09/2008 |
28/03/2014 |
- |
0.0 |
Large Corporate BranchCentenary Building, 28, MG RoadBangaloreKA560001IN |
|
11 |
G50133305 |
10312941 |
HDFC BANK LIMITED |
21/09/2011 |
- |
13/07/2017 |
8500000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
12 |
G50131184 |
10285453 |
HDFC BANK LIMITED |
18/04/2011 |
- |
13/07/2017 |
1645380.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
13 |
G49973241 |
10145686 |
HDFC BANK LIMITED |
20/01/2009 |
14/01/2012 |
13/07/2017 |
4800000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
14 |
G50129576 |
10141656 |
HDFC BANK LIMITED |
27/01/2009 |
- |
13/07/2017 |
1250000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
15 |
G49975717 |
10245270 |
HDFC BANK LIMITED |
05/10/2010 |
- |
13/07/2017 |
4481000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
16 |
B04460507 |
10105444 |
HDFC BANK LIMITED |
16/05/2008 |
- |
19/01/2011 |
580000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
17 |
A83777151 |
10082943 |
UNION BANK OF INDIA |
29/12/2007 |
15/12/2009 |
19/04/2010 |
450000000.0 |
6-2-984, PavaniPlaza,Rajbhavan Road,KhairtabadAP500004IN |
|
18 |
A45659893 |
80016578 |
THE COSMOS CO-OPERATIVE BANK LIMITED |
01/03/2006 |
19/10/2006 |
12/09/2008 |
250000000.0 |
PRATHIMA SCHALLAS, 3-5-798,KING KOTI ROADHYDERABADAP500056IN |
|
19 |
Y10219445 |
90126640 |
STATE BANK OF BIKANER AND JAIPUR |
12/12/2002 |
21/07/2005 |
08/03/2006 |
50000000.0 |
SHIVAJIPET BRANCHSECUNDRABADAP500003IN |
|
20 |
Y10221093 |
90128288 |
STATE BANK OF BIKANER AND JAIPUR |
12/12/2002 |
03/11/2003 |
08/03/2006 |
50000000.0 |
SHIVAJI NAGAR BRANCHSECUNDRABADAP500003IN |
|
21 |
Y10219731 |
90126926 |
ING - VYSYA BANK LTD. |
13/10/2004 |
- |
03/03/2006 |
40000000.0 |
AMEERPET BRANCH 127139; 1 - ST FLOOR; NEELGIRI; BLOCK ADITYA ENCLAVEHYDERABADAP500038IN |
|
22 |
Y10219380 |
90126575 |
LORD KRISHNA BANK LTD. |
12/06/2002 |
- |
23/12/2002 |
3000000.0 |
SOMJIGUDAHYDERABADAP500028IN |
|
23 |
Y10219368 |
90126563 |
LORD KRISHNA BANK LTD. |
29/05/2002 |
- |
23/12/2002 |
27500000.0 |
SOMJIGUDAHYDERABADAP500028IN |
|
24 |
Y10370247 |
90262161 |
LORD KRISHNA BANK LTD. |
29/05/2002 |
09/11/2002 |
23/12/2002 |
27500000.0 |
SOMAJIGUDAHYDERABADAP500028IN |
FIXED ASSETS
Tangible assets
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
- Other equipments
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
|
INR |
|
US Dollar |
1 |
INR 66.01 |
|
|
1 |
INR 92.72 |
|
Euro |
1 |
INR 81.45 |
INFORMATION DETAILS
|
Information
Gathered by : |
RBY |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
SUD |
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.