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MIRA INFORM REPORT
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Report No. : |
490302 |
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Report Date : |
05.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
GOOMO HOLDINGS SERVICES INDIA PRIVATE LIMITED |
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Registered
Office : |
Off No 1003, Hallmark Business Plaza, S. D. Marg, Opposite Guru Nanak Hospital, Bandra (East), Mumbai -400051, Maharashtra |
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Tel. No.: |
91-22-49076681
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
15.11.2016 |
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Com. Reg. No.: |
11-287629 |
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Capital
Investment / Paid-up Capital : |
INR 62.013 Million |
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CIN No.: [Company Identification
No.] |
U74999MH2016FTC287629 |
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IEC No.: |
Not Divulged |
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GSTIN: |
Not Divulged |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AAGCG5898P |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is providing services in relation to travel solutions, advisory and liaisoning and invest into downstream companies in travel and travel related areas. (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 : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Relatively new business |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is a relatively new company incorporated in November 2016.
“Goomo Holdings Pte Limited”, Singapore is the major shareholder of the
subject. Management has denied to provide any details about the subject to us. For the FY 2017, the company has not earned any revenue from its
operations and has incurred operational loss. The overall financial risk profile of the company seems to be
satisfactory marked by adequate networth and debt free balance sheet profile. Rating is constrained on account of limited business track record. Payments are seems to be unknown. In view of aforesaid, the company can be considered for business dealings with some caution. |
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
|
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
31-03-2016.
INFORMATION DENIED
Management non-cooperative (Tel No.:91-22-49076681)
Tel No.:91-22-24102803 (Continuously Ringing)
LOCATIONS
|
Registered Office : |
Off No 1003, Hallmark Business Plaza, S. D. Marg, Opposite Guru Nanak Hospital, Bandra (East), Mumbai -400051, Maharashtra, India |
|
Tel. No.: |
91-22-49076681
|
|
Mobile No.: |
91-8080862904 (Mr. Rajan Puri) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website: |
DIRECTORS
As on 2017
|
Name : |
Mr. Rajan Puri |
|
Designation : |
Director |
|
Address : |
C-1805, Oberoi Splendor, Jogeshwari Vikroli Link Road, Opposite Majas Depot, Jogeshwari (East), Mumbai- 400060, Maharashtra, India |
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Date of Birth/Age : |
02.11.1964 |
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Date of Appointment : |
15.11.2016 |
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PAN No.: |
AAHPP4354K |
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DIN No.: |
05213854 |
|
|
|
|
Name : |
Mr. Varun Gupta |
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Designation : |
Director |
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Address : |
Flat No. 402, Usha Villa 24, Linking Road, Santacruz (West), Mumbai-400054, Maharashtra, India |
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Date of Birth/Age : |
21.11.1975 |
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Date of Appointment : |
21.03.2017 |
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Pan No.: |
AEGPG7901J |
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DIN No.: |
06377696 |
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|
|
|
Name : |
Aleksandar Vucak |
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Designation : |
Additional Director |
|
Address : |
Am Blutenning 23A Munich 80939 HR |
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Date of Appointment : |
27.12.2017 |
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DIN No.: |
08025598 |
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
No. of Shares |
|
Goomo Holding Pte Limited, Singapore
|
6201210 |
|
Emerging Markets Investment Fund 1 A |
100 |
|
Total |
6201310 |
As on 19.06.2017
|
Names of allotee |
No. of Shares |
|
Goomo Holding Pte Limited |
3668570 |
|
Total |
3668570 |
As on 31.07.2017
|
Names of allotee |
No. of Shares |
|
Goomo Holding Pte Limited |
4565700 |
|
Total |
4565700 |
As on 27.12.2017
|
Names of allotee |
No. of Shares |
|
Goomo Holding Pte Limited |
912989 |
|
Total |
912989 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2017
|
Category |
Percentage |
|
Promoters (Body corporate) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is providing services in relation to travel solutions, advisory and liaisoning and invest into downstream companies in travel and travel related areas. (Registered Activity) |
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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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Auditors : |
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Name : |
Chetan Jain and Associates Chartered Accountants |
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Address : |
01, Rewa, Chambers,31, New Marekt, Behind Income Tax Office, Mumbai – 400020, Maharashtra, India |
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Income-tax
PAN of auditor or auditor's firm : |
AAEPJ5723F |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Holding Company: |
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Subsidiary Company: |
CIN No.:U74999MH2016PTC289102 |
CAPITAL STRUCTURE
After 29.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20000000 |
Equity Shares |
INR 10/- each |
INR 200.000 Million |
|
|
|
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15348569 |
Equity Shares |
INR 10/- each |
INR 153.486 Million |
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|
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As on 29.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000000 |
Equity Shares |
INR 10/- each |
INR 100.000 Million |
|
|
|
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
6201310 |
Equity Shares |
INR 10/- each |
INR 62.013 Million |
|
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|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
|
|
15.11.2016 to 31.03.2017 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
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(a) Share Capital |
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|
62.013 |
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(b) Reserves & Surplus |
|
|
153.609 |
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(c) Money
received against share warrants |
|
|
0.000 |
|
|
|
|
|
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(2) Share Application money pending
allotment |
|
|
0.000 |
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Total
Shareholders’ Funds (1) + (2) |
|
|
215.622 |
|
|
|
|
|
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(3)
Non-Current Liabilities |
|
|
|
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(a) long-term borrowings |
|
|
0.000 |
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(b) Deferred tax liabilities (Net) |
|
|
0.000 |
|
(c) Other long term
liabilities |
|
|
0.000 |
|
(d) long-term
provisions |
|
|
0.000 |
|
Total Non-current
Liabilities (3) |
|
|
0.000 |
|
|
|
|
|
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(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
|
|
0.000 |
|
(b) Trade payables |
|
|
0.000 |
|
(c) Other
current liabilities |
|
|
0.099 |
|
(d) Short-term
provisions |
|
|
0.015 |
|
Total Current
Liabilities (4) |
|
|
0.114 |
|
|
|
|
|
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TOTAL |
|
|
215.736 |
|
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II.
ASSETS |
|
|
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(1)
Non-current assets |
|
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(a) Fixed
Assets |
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|
|
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(i)
Tangible assets |
|
|
0.000 |
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(ii)
Intangible Assets |
|
|
0.000 |
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(iii)
Capital work-in-progress |
|
|
0.000 |
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(iv)
Intangible assets under development |
|
|
0.000 |
|
(b) Non-current Investments |
|
|
150.099 |
|
(c) Deferred tax assets (net) |
|
|
0.000 |
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(d) Long-term Loan and Advances |
|
|
0.000 |
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(e) Other
Non-current assets |
|
|
0.000 |
|
Total Non-Current
Assets |
|
|
150.099 |
|
|
|
|
|
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(2)
Current assets |
|
|
|
|
(a) Current
investments |
|
|
65.000 |
|
(b)
Inventories |
|
|
0.000 |
|
(c) Trade
receivables |
|
|
0.000 |
|
(d) Cash
and cash equivalents |
|
|
0.637 |
|
(e)
Short-term loans and advances |
|
|
0.000 |
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(f) Other
current assets |
|
|
0.000 |
|
Total Current
Assets |
|
|
65.637 |
|
|
|
|
|
|
TOTAL |
|
|
215.736 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
|
15.11.2016 to 31.03.2017 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
|
|
0.000 |
|
|
Other Income |
|
|
0.000 |
|
|
TOTAL |
|
|
0.000 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
|
0.000 |
|
|
Purchases of
Stock-in-Trade |
|
|
0.000 |
|
|
Other expenses |
|
|
1.173 |
|
|
TOTAL |
|
|
1.173 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
|
(1.173) |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
|
(1.173) |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
|
(1.173) |
|
|
|
|
|
|
|
Less |
TAX |
|
|
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
|
(1.173) |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
|
(0.189) |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
|
|
15.11.2016 to 31.03.2017 |
|
Current Maturities of Long term debt |
|
|
NA |
|
Net cash flows from (used in) operations |
|
|
(66.158) |
|
Net cash flows from (used in) operating activities |
|
|
(66.158) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
|
15.11.2016 to 31.03.2017 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
|
|
0.00 |
|
|
|
|
|
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Account Receivables Turnover (Income / Sundry
Debtors) |
|
|
0.00 |
|
|
|
|
|
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Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
|
|
0.00 |
|
|
|
|
|
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Inventory Turnover (Operating Income
/ Inventories) |
|
|
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
|
|
0.00 |
LEVERAGE RATIOS
|
PARTICULARS |
|
|
15.11.2016 to 31.03.2017 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
|
|
0.00 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
|
|
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
|
|
0.00 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
|
|
0.00 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
|
|
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
|
|
15.11.2016 to 31.03.2017 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
|
|
0.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
|
|
(0.54) |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
|
|
(0.54) |
SOLVENCY RATIOS
|
PARTICULARS |
|
|
15.11.2016 to 31.03.2017 |
|
Current Ratio (Current Assets / Current Liabilities) |
|
|
575.76 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
|
|
575.76 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
|
|
1.00 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
|
|
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
|
|
575.76 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
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 |
No |
|
8] |
Designation of contact person |
No |
|
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 |
No |
|
17] |
Details of sister concerns |
Yes |
|
18] |
Major suppliers |
No |
|
19] |
Major customers |
No |
|
20] |
Banking Details |
No |
|
21] |
Banking facility details |
No |
|
22] |
Conduct of the banking account |
-- |
|
23] |
Financials, if provided |
No |
|
24] |
Capital in the business |
Yes |
|
25] |
Last accounts filed at ROC, if applicable |
No |
|
26] |
Turnover of firm for last about five
months |
Yes |
|
27] |
Reasons for variation <> 20% |
-- |
|
28] |
Estimation for coming financial year |
No |
|
29] |
Profitability for last about five months |
Yes |
|
30] |
Major shareholders, if available |
Yes |
|
31] |
External Agency Rating, if available |
No |
|
32] |
Litigations that the firm/promoter
involved in |
-- |
|
33] |
Market information |
-- |
|
34] |
Payments terms |
No |
|
35] |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX
OF CHARGES: NO CHARGES EXISTS FOR COMPANY
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 63.61 |
|
|
1 |
INR 90.17 |
|
Euro |
1 |
INR 78.95 |
INFORMATION DETAILS
|
Information Gathered
by : |
SHA |
|
|
|
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
RKI |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
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.