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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

489867

Report Date :

09.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

SHREE SHYAM SOLUTIONS

 

 

Registered Office :

No.11, Maruthi Plaza, Pylwan M Krishnappa Road, 1st Cross, SJP Road, Bangalore - 560002, Karnataka

Mobile No.:

91-9342209721 [Mr. Rupesh]

 

 

Country :

India

 

 

Financials (as on) :

Not Divulged

 

 

Year of Establishment :

Not Divulged

 

 

Capital Investment :

Not Divulged

 

 

IEC No.:

Not Divulged

 

 

TIN No.:

Not Divulged

 

 

GST No.:

Not Divulged

 

 

PAN No.:

[Permanent Account No.]

Not Divulged

 

 

Legal Form :

Not Divulged

 

 

Line of Business :

Not Divulged

 

 

No. of Employees :

Not Divulged

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

NT

 

Credit Rating

Explanation

Rating Comments

NT

No Trace

No recommendation can be done as the business is not traceable

 

Status :

No Trace

 

 

Payment Behaviour :

--

 

 

Litigation :

--

 

 

Comments :

Mr. Rupesh (Designation not divulged) has denied providing any information about the subject to us.

 

No other information could be made available from any sources.

 

No payment terms are known.

 

In view of lack of requisite details, we do not recommend any business dealings with the subject.

 

NOTE 1: Site visit was conducted at the address which you have provided but our executive could not trace the subject on the given address.

 

Our executive tried contacting Mr. Rupesh for direction to reach at the given address but his number was continuously ringing.

 

Our executive inquired with the vicinity but they are not aware about the subject on the given address.

 

Our executive also inquired with the neighbour companies where he spoke to Mr. Jain (Jain Wire Netting Store) and one of the executive of Mysore Industries but they were also not aware about the subject and given address.

 

As per our executive’s observation, it is commercial cum residential area. Location was difficult to find. Area seems to be neutral.

 

NOTE 2: Our executive contacted Mr. Rupesh after the visit but he denied providing any information.

 

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

(30.06.2017)

Current Rating

(30.09.2017)

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 09.02.2018.

 

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 DECLINED BY

 

Name :

Mr. Rupesh

Contact No.:

91-9342209721

Date :

05.02.2018

 

[91-80-41666573] Ringing

 

LOCATIONS

 

Registered Office :

No.11, Maruthi Plaza, Pylwan M Krishnappa Road,1st Cross, SJP Road, Bangalore - 560002, Karnataka, India

Tel. No.:

91-80-41666573

Mobile No.:

91-9342209721 [Mr. Rupesh]

Fax No.:

Not Available

 

 

SOLE PROPRIETOR/PARTNERS

 

NOT DIVULGED

 

 

BUSINESS DETAILS

 

Line of Business :

Not Divulged

 

 

Products/ Services :

Not Divulged

 

 

Brand Names :

Not Divulged

 

 

Agencies Held :

Not Divulged

 

 

Exports :

Not Divulged

 

 

Imports :

Not Divulged

 

 

Terms :

 

Selling :

Not Divulged

 

 

Purchasing :

Not Divulged

 

 

GENERAL INFORMATION

 

Suppliers :

Reference:

Not Divulged

Name of the Person (Designation):

--

Contact Number:

--

Since how long known:

--

Maximum limit dealt:

--

Experience:

--

Remark

--

 

 

Customers :

 

Reference:

Not Divulged

Name of the Person (Designation):

--

Contact Number:

--

Since how long known:

--

Maximum limit dealt:

--

Experience:

--

Remark

--

 

 

No. of Employees :

Not Divulged

 

 

Bankers :

 

Bank Name:

Not Divulged

Branch:

--

Person Name (with Designation):

--

Contact Number:

--

Name of Account Holder:

--

Account Number:

--

Account Since (Date/ Year of A/c Opening):

--

Average Balance Maintained (Optional):

--

Credit Facilities Enjoyed (CC/OD/Term Loan):

--

Account Operation:

--

Remarks:

--

 

 

 

Auditors :

Not Divulged

 

 

Memberships :

Not Divulged

 

 

Collaborators :

Not Divulged

 

 

Associates/Subsidiaries :

Not Divulged

 

 

CAPITAL STRUCTURE

 

Capital Investment :

 

Owned :

Not Divulged

Borrowed :

Not Divulged

Total :

Not Divulged

 

 

FINANCIAL DATA

[all figures are in INR Million]

 

NOT DIVULGED

 

Note : Sole Proprietary and Partnership concerns are exempted from filing their financials with the Government Authorities or Registry Records.

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check list by info agents

Available in Report

(Yes/No)

1

Year of establishment

No

2

Constitution of the entity -Incorporation details

No

3

Locality of the entity

No

4

Premises details

No

5

Buyer visit details

Yes

6

Contact numbers

Yes

7

Name of the person contacted

Yes

8

Designation of contact person

No

9

Promoter’s background

No

10

Date of Birth of Proprietor / Partners / Directors

No

11

Pan Card No. of Proprietor / Partners

No

12

Voter Id Card No. of Proprietor / Partners

No

13

Type of business

No

14

Line of Business

No

15

Export/import details (if applicable)

No

16

No. of employees

No

17

Details of sister concerns

No

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

No

25

Last accounts filed at ROC, if applicable

No

26

Turnover of firm for last three years

No

27

Reasons for variation <> 20%

--

28

Estimation for coming financial year

No

29

Profitability for last three years

No

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

No

35

Negative Reporting by Auditors in the Annual Report

No

 

 

OBSERVATION POINTS

 

Name of Company :

SHREE SHYAM SOLUTIONS

 

 

Address :

No.11, Maruthi Plaza, Pylwan M Krishnappa Road, 1st Cross, SJP Road, Bangalore - 560002, Karnataka, India

 

 

Date of Visit :

04.02.2018

 

 

Name Board :

Not Sighted

 

 

Location:

Difficult

 

 

Landmark (If Any):

KR Market

 

 

Locality:

Commercial cum Residential

 

 

Area :

Neutral

 

 

Neighbours Interview :

Our executive also inquired with the neighbour companies where he spoke to Mr. Jain (Jain Wire Netting Store) and one of the executive of Mysore Industries but they were also not aware about the subject and given address

 

Our executive inquired with the vicinity but they are not aware about the subject on the given address

 

 

Proof of visit:

Photos

 

 

INFORMATION DETAILS

 

Information Gathered by :

SHK

 

 

Analysis Done by :

NYT

 

 

Report Prepared by :

ARC

 

 

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.