|
|
|
MIRA INFORM REPORT
|
Report No. : |
505483 |
|
Report Date : |
24.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
NAAPTOL ONLINE SHOPPING PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Shop #11, Kabra Galaxy Star I CHS, Conopus Brahmand, Azad Nagar,
Thane-400607, Maharashtra |
|
Tel. No.: |
91-22-61434343/67102221 |
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|
|
|
Country : |
India |
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|
|
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Financials (as
on) : |
31.03.2017 |
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|
Date of
Incorporation : |
25.02.2008 |
|
|
|
|
Com. Reg. No.: |
11-179371 |
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|
|
|
Capital
Investment / Paid-up Capital : |
INR 56.479 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U52190MH2008PTC179371 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
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GSTN : [Goods & Service Tax
Registration No.] |
27AACCN7103Q1Z4 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AACCN7103Q |
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|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
The company is engaged in providing shopping platform through print media and e-commerce. [Registered Activity] |
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No. of Employees
: |
Information denied by the management |
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 : |
Good |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Exist |
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Comments : |
Subject was incorporated in the year 2008. Naaptol is a home shopping
company based in India that sales various products. Naaptol has grown to become one of India’s largest comparison based
social shopping portal. For the financial year 2017, the company has achieved 22.94% growth in
its revenue as compared to previous year revenue but has incurred operational
loss. The sound financial profile of the company is marked by healthy
networth base along with strong debt coverage indicators due to low debt
balance sheet profile. Business is active. Payment seems to be usually 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.
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
31-03-2018.
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 24.04.2018.
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
|
Name : |
Mr. Dhankar |
|
Designation : |
Finance Head |
|
Contact No.: |
91-22-61434343 |
|
Date : |
23.04.2018 |
LOCATIONS
|
Registered Office : |
Shop #11, Kabra Galaxy Star I CHS, Conopus Brahmand, Azad Nagar,
Thane-400607, Maharashtra, India |
|
Tel. No.: |
91-22-61434343/67102221 |
|
Fax No.: |
91-22-67102220 |
|
E-Mail : |
|
|
Website : |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Manu Agarwal |
|
Designation : |
Director |
|
Address : |
2602, Glen Heights, Hiranandani Gardens, Powai, Mumbai-400076, Maharashtra, India |
|
Date of Birth/Age : |
14.12.1970 |
|
Qualification : |
B.Tech (IIT), M.Tech |
|
Date of Appointment : |
25.02.2008 |
|
DIN No.: |
00004186 |
|
|
|
|
Name : |
Mr. Mohd Yusuf Khan |
|
Designation : |
Director |
|
Address : |
14/501 Nai Basti, Murad Ali Lane, Hussain Ganj, Lucknow-261125, Uttar Pradesh, India |
|
Date of Birth/Age : |
06.05.1976 |
|
Qualification : |
B.Com |
|
Date of Appointment : |
29.11.2010 |
|
DIN No.: |
03183828 |
|
|
|
|
Name : |
Mr. Hidetaka Morimoto |
|
Designation : |
Director |
|
Address : |
3-5-3-313 Toyosu, Koto-Ku Tokyo 1350061 JP |
|
Date of Birth/Age : |
05.07.1972 |
|
Qualification : |
Keio Graduate School of Media and Governance, graduated in March, 1997 Master of Media and Governance Keio University, graduated in March, 1995 Bachelor of Laws |
|
Date of Appointment : |
03.06.2016 |
|
DIN No.: |
07518429 |
|
|
|
|
Name : |
Mr. Ruchir Lahoty |
|
Designation : |
Nominee Director |
|
Address : |
D-905, 9th Floor, Ashok Garden, T J Road, Sawree, Mumbai-400015, Maharashtra, India |
|
Date of Birth/Age : |
31.10.1978 |
|
Qualification : |
B.Com (Hons.), M.B.A. (IIM Ahmedabad) |
|
Date of Appointment : |
30.07.2013 |
|
DIN No.: |
02191430 |
|
|
|
|
Name : |
Mr. Avneet Singh Kochar |
|
Designation : |
Director |
|
Address : |
G-157, Vikaspuri, Tilak Nagar, Tilak Nagar Rajouri Garden, Delhi-110018, India |
|
Date of Birth/Age : |
16.12.1975 |
|
Qualification : |
B.Com, M.B.A. |
|
Date of Appointment : |
12.06.2015 |
|
DIN No.: |
02415196 |
KEY EXECUTIVES
|
Name : |
Ms. Priyanka Dharamnarayan Tripathi |
|
Designation : |
Company Secretary |
|
Address : |
A-301, Siddhi Vinayak Complex CHS, Near State Bank MIDC Road, Thakurli East, Thane-421201, Maharashtra, India |
|
Date of Appointment : |
18.01.2018 |
|
PAN No.: |
AHYPT3811F |
|
|
|
|
Name : |
Mr. Dhankar |
|
Designation : |
Finance Head |
MAJOR SHAREHOLDERS
AS ON 31.03.2017
NOTE: LIST OF SHARE HOLDERS DETAILS FILE ATTACHED
AS ON 28.09.2017
|
Equity Share
Break up |
Percentage |
|
Category |
|
|
Promoters - Individual/Hindu Undivided Family – Indian |
34.90 |
|
Promoters - Bodies corporate |
0.76 |
|
Public/Other than promoters - Individual/Hindu Undivided Family – Indian |
33.37 |
|
Public/Other than promoters - Bodies corporate |
30.81 |
|
Public/Other than promoters – Others (Foreign Venture Capital) |
0.16 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The company is engaged in providing shopping platform through print media and e-commerce. [Registered Activity] |
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Products / Services
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Brand Names : |
Not Available |
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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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Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information denied by the management |
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Bankers : |
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Facilities : |
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Auditors : |
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|
Name : |
Walker Chandiok and Company LLP Chartered Accountants |
|
Address : |
16th Floor, Tower II, Indiabulls Finance Centre, S B Marg, Elphinstone (West), Mumbai-400013, Maharashtra, India |
|
PAN No.: |
AAAFW4298E |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Subsidiary company
: |
CIN No.: U22222MH2012PTC236343
CIN No.: U63030MH2016PTC285619 |
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key
management personnel and their relatives : |
CIN No.: U72200MH2007PTC166768
|
CAPITAL STRUCTURE
AS ON 28.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1800000 |
Equity Shares |
INR 10/- each |
INR 18.000 Million |
|
632000 |
Series A Preference Shares |
INR 10/- each |
INR 6.320 Million |
|
2034000 |
Series B & C Preference Shares |
INR 20/- each |
INR 40.680 Million |
|
|
Total |
|
INR 65.000
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1321331 |
Equity Shares |
INR 10/- each |
INR 13.213 Million |
|
631013 |
Series A Preference Shares |
INR 10/- each |
INR 6.310 Million |
|
1847771 |
Series B & C Preference Shares |
INR 20/- each |
INR 36.956 Million |
|
|
Total |
|
INR 56.479
Million |
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
56.479 |
56.479 |
42.453 |
|
(b) Reserves and Surplus |
2632.171 |
3959.260 |
1390.430 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
(d) Minority interest |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
2688.650 |
4015.739 |
1432.883 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
6.467 |
3.343 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
8.954 |
3.643 |
1.756 |
|
Total Non-current
Liabilities (3) |
15.421 |
6.986 |
1.756 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
978.885 |
836.914 |
680.424 |
|
(c) Other
current liabilities |
930.879 |
604.785 |
379.200 |
|
(d) Short-term
provisions |
108.598 |
110.802 |
100.061 |
|
Total Current
Liabilities (4) |
2018.362 |
1552.501 |
1159.685 |
|
|
|
|
|
|
TOTAL |
4722.433 |
5575.226 |
2594.324 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i) Tangible
assets |
1138.076 |
814.626 |
71.383 |
|
(ii)
Intangible Assets |
33.385 |
22.609 |
10.667 |
|
(iii) Tangible assets
capital work-in-progress |
0.000 |
56.438 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
720.200 |
400.100 |
0.100 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
249.415 |
397.553 |
404.427 |
|
(e) Other
Non-current assets |
113.704 |
112.162 |
110.235 |
|
Total Non-Current
Assets |
2254.780 |
1803.488 |
596.812 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
1428.235 |
2923.474 |
1408.884 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
0.000 |
0.000 |
0.000 |
|
(d) Cash and
bank balances |
352.625 |
510.001 |
171.922 |
|
(e)
Short-term loans and advances |
686.716 |
338.161 |
416.619 |
|
(f) Other
current assets |
0.077 |
0.102 |
0.087 |
|
Total
Current Assets |
2467.653 |
3771.738 |
1997.512 |
|
|
|
|
|
|
TOTAL |
4722.433 |
5575.226 |
2594.324 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
5495.569 |
4469.822 |
2848.759 |
|
|
Other Income |
268.043 |
135.833 |
43.126 |
|
|
TOTAL |
5763.612 |
4605.655 |
2891.885 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employee benefit expense |
587.887 |
382.033 |
280.901 |
|
|
Other expenses |
6445.233 |
4992.743 |
3012.699 |
|
|
TOTAL |
7033.120 |
5374.776 |
3293.600 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
(1269.508) |
(769.121) |
(401.715) |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.182 |
0.306 |
1.755 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
(1269.690) |
(769.427) |
(403.470) |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
86.604 |
38.090 |
23.033 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
(1356.294) |
(807.517) |
(426.503) |
|
|
|
|
|
|
|
Less |
TAX |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
(1356.294) |
(807.517) |
(426.503) |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Capital Goods |
190.204 |
147.340 |
0.000 |
|
|
TOTAL IMPORTS |
190.204 |
147.340 |
0.000 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
(1026.46) |
(619.91) |
(331.15) |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
2.697 |
1.526 |
0.593 |
|
Cash generated from operations |
(1258.551) |
(362.234) |
(30.443) |
|
Net cash flows from (used in) operating activities |
(1215.187) |
(308.851) |
(101.144) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Account Receivables Turnover (Income /
Sunday Debtors) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
(1.08) |
(0.86) |
(4.90) |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.43 |
0.28 |
0.45 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.75 |
0.39 |
0.81 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.44 |
0.22 |
0.06 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
(6975.32) |
(2513.47) |
(228.90) |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT
/ Sales) * 100] |
% |
(24.68) |
(18.07) |
(14.97) |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
(28.72) |
(14.48) |
(16.44) |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
(50.45) |
(20.11) |
(29.77) |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.22 |
2.43 |
1.72 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.22 |
2.43 |
1.72 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.57 |
0.72 |
0.55 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.16 |
0.09 |
0.01 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.22 |
2.43 |
1.72 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
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 |
42.453 |
56.479 |
56.479 |
|
Reserves & Surplus |
1390.430 |
3959.260 |
2632.171 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
1432.883 |
4015.739 |
2688.650 |
|
|
|
|
|
|
Long-term borrowings |
0.000 |
3.342 |
6.467 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
0.593 |
1.526 |
2.697 |
|
Total
borrowings |
0.593 |
4.868 |
9.164 |
|
Debt/Equity
ratio |
0.000 |
0.001 |
0.003 |
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 |
2848.759 |
4469.822 |
5495.569 |
|
|
|
56.904 |
22.948 |
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 |
2848.759 |
4469.822 |
5495.569 |
|
Profit/ (Loss) |
(426.503) |
(807.517) |
(1356.294) |
|
|
(14.97%) |
(18.07%) |
(24.68%) |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
56.479 |
56.479 |
|
(b) Reserves and Surplus |
|
2389.658 |
3820.069 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
(d) Minority interest |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
2446.137 |
3876.548 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
6.466 |
3.343 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
13.803 |
7.108 |
|
Total Non-current
Liabilities (3) |
|
20.269 |
10.451 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
1432.333 |
1156.546 |
|
(c) Other
current liabilities |
|
1115.859 |
632.514 |
|
(d) Short-term
provisions |
|
114.279 |
116.136 |
|
Total Current
Liabilities (4) |
|
2662.471 |
1905.196 |
|
|
|
|
|
|
TOTAL |
|
5128.877 |
5792.195 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
1169.786 |
851.608 |
|
(ii)
Intangible Assets |
|
37.327 |
27.059 |
|
(iii) Tangible assets
capital work-in-progress |
|
0.000 |
56.438 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
|
409.157 |
410.564 |
|
(e) Other
Non-current assets |
|
113.704 |
112.162 |
|
Total Non-Current
Assets |
|
1729.974 |
1457.831 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
1728.739 |
2923.978 |
|
(b)
Inventories |
|
0.000 |
0.000 |
|
(c) Trade
receivables |
|
93.740 |
60.829 |
|
(d) Cash and
bank balances |
|
451.766 |
544.360 |
|
(e)
Short-term loans and advances |
|
1124.581 |
805.095 |
|
(f) Other
current assets |
|
0.077 |
0.102 |
|
Total
Current Assets |
|
3398.903 |
4334.364 |
|
|
|
|
|
|
TOTAL |
|
5128.877 |
5792.195 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
5859.291 |
4755.562 |
|
|
Other Income |
|
262.780 |
120.021 |
|
|
TOTAL |
|
6122.071 |
4875.583 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employee benefit expense |
|
684.668 |
461.652 |
|
|
Other expenses |
|
6795.573 |
5277.848 |
|
|
TOTAL |
|
7480.241 |
5739.500 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION
AND AMORTISATION |
|
(1358.170) |
(863.917) |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
0.603 |
0.368 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
(1358.773) |
(864.285) |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
|
100.843 |
49.801 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
(1459.616) |
(914.086) |
|
|
|
|
|
|
|
Less |
TAX |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
(1459.616) |
(914.086) |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
(1104.66) |
(701.72) |
LEGAL
CASE
|
|
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 |
Yes |
|
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 |
Yes |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
NOTE: Registered office of the company has been
shifted from Gala No.418, Building No. 2, Sector-1, Millennium Business Park,
Mahape, Navi Mumbai-400710, Maharashtra, India to
the present address w.e.f. 16.01.2012.
CORPORATE INFORMATION
The Company is a private limited company domiciled in India and incorporated under the provisions of the erstwhile Companies Act, 1956 on 25 February 2008. The company is engaged in providing shopping platform through print media and e-commerce.
INDEX OF CHARGE:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Amount |
Address |
|
1 |
G70820790 |
100141666 |
ICICI BANK LIMITED |
28/08/2017 |
66400000.0 |
ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara-390007, Gujarat, India |
FIXED ASSETS:
- Building
- Plant and equipment
- Furniture and Fixture
- Computer
- Vehicles
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 66.22 |
|
|
1 |
INR 92.84 |
|
Euro |
1 |
INR 81.27 |
INFORMATION DETAILS
|
Information
Gathered by : |
RUB |
|
|
|
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
BHG |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
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.