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MIRA
INFORM REPORT
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Report No. : |
490641 |
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Report Date : |
12.02.2018 |
IDENTIFICATION DETAILS
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Name : |
SHREE HANUMANT TILES AND SANITARY WARE LLP |
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Registered
Office : |
Shop No. 4 & 5, Ground Floor, 957, Saraiya Tola, Lucknow – 226021, Uttar Pradesh |
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Mobile No.: |
91-7985457516/ 9415899104 (Mr. Pramod Chaudhary) |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
21.09.2016 |
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Total Obligation
Fund : |
INR 0.100 million |
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LLPIN : |
AAH-4449 |
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IEC No.: |
Not Divulged |
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TIN No.: |
Not Divulged |
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GSTIN : |
Not Divulged |
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PAN No.: [Permanent Account No.] |
Not Divulged |
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Legal Form : |
Limited Liability Partnership |
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Line of Business
: |
To carry on the business of buying, selling, reselling, transporting, storing, developing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of Marbles, Tiles, Sanitary ware and other type of hardware fitting and fixture on retail as well as on wholesale basis. (Registered Activity) |
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No. of Employees
: |
2 (Approximately) (As per site visit) |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject is relatively new limited liability partnership firm started in September 2016 and it having moderate track records. Mr. Pramod Chaudhary (Partner) has denied to provide any information. As per available financials upto March 2017, the firm has not undertaken any business operation and recorded some pre-operative expenses which has resulted into accumulated losses. Rating constrained on account of modest partners’ capital base and limited track records of business operations. Payments are unknown. In view of aforesaid, the firm can be considered for business dealings with safe and secured trade terms and conditions. Note: Site visit was conducted at the address which you have provided. Our executive has successfully traced the firm on the given address. At the premises our executive met to Mr. Pramod Chaudhary (Partner) and he provided visiting card of the firm. Further he denied to provide any information. As per our executive observation, location of the firm is easy to find. Landmark was near Awadh Club. It is 1 storey building and firm is situated on ground floor. Locality appears to be commercial. Area seems to be neutral. Area of the premises was 200 (SQ.FT) 02 employees were sighted into premises. Name board of the firm was not sighted at the given address instead of that name board of Shree Hanumant Tiles and Sanitary Ware was sighted. Further, our executive also enquired from neighbours i.e. Mr. Ajay (Jai Construction & Trading) and Mr. Anshu (Anshu Fabrication) and they were also confirmed that firm exists on given address. |
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 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
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Rating |
Not Available |
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Rating Explanation |
Not Available |
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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.
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 12.02.2018
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 DENIED BY
|
Name : |
Mr. Pramod Chaudhary |
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Designation : |
Designated Partner |
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Contact No.: |
91-7985457516 |
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Date : |
09.02.2018 |
(Given Mobile No. i.e. 91-8840732953 Mr. Uday Singh is not belong to the
subject firm)
LOCATIONS
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Registered Office : |
Shop No. 4 & 5, Ground Floor, 957, Saraiya Tola, Lucknow – 226021, Uttar Pradesh, India |
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Tel. No.: |
Not Available |
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Mobile No.: |
91-7985457516/ 9415899104 (Mr. Pramod Chaudhary) |
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Fax No.: |
Not Available |
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E-Mail : |
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Area : |
200 Sq. ft. (As per site visit) |
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Locality : |
Commercial (As per site visit) |
PARTNERS
As on 2017
|
Name : |
Mr. Pramod Tara Prasad Chaudhary |
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Designation : |
Designated Partner |
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Address : |
2/105, Vikas Nagar, Lucknow-226022, Uttar Pradesh, India |
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Date of Birth/ Age: |
31.03.1984 |
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Date of Appointment : |
21.09.2016 |
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Voter ID Card : |
UP/20/100/0447463 |
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DPIN No.: |
07546779 |
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Other
Directorship :
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Name : |
Mr. Praveen Tara Prasad Chaudhary |
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Designation : |
Designated Partner |
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Address : |
2/105, Vikas Nagar, Lucknow-226022, Uttar Pradesh, India |
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Date of Birth/ Age: |
13.06.1988 |
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Date of Appointment : |
21.09.2016 |
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DPIN No.: |
07546780 |
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Other
Directorship :
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CONTRIBUTION DETAILS
As on 31.03.2017
|
Names of Person |
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Capital
Contribution (INR in Million) |
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Pramod Chaudhary |
|
0.050 |
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Praveen Chaudhary |
|
0.050 |
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Total |
|
0.100 |
BUSINESS DETAILS
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Line of Business : |
To carry on the business of buying, selling, reselling, transporting, storing, developing, promoting, marketing or supplying, trading, dealing in any manner whatsoever in all type of Marbles, Tiles, Sanitary ware and other type of hardware fitting and fixture on retail as well as on wholesale basis. (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 |
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
2 (Approximately) (As per site visit) |
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Bankers : |
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Auditors : |
Not Divulged |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
AS ON 31.03.2017
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Partners’ Capital Accounts |
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Amount (INR in Million) |
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Opening Capital |
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Capital Introduced
during the year |
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Add : Pramod Chaudhary |
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0.050 |
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Add : Praveen Chaudhary |
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0.050 |
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Less : Drawings |
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(0.054) |
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Total |
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0.046 |
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
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|
31.03.2017 |
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EQUITY
AND LIABILITIES |
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1] Partners Capital |
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0.046 |
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2] Share Application Money |
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0.000 |
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3] Reserves & Surplus |
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0.000 |
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4] (Accumulated Losses) |
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0.000 |
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NETWORTH |
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0.046 |
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LOAN FUNDS |
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1] Secured Loans |
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0.000 |
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2] Unsecured Loans |
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0.000 |
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TOTAL BORROWING |
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0.000 |
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DEFERRED TAX LIABILITIES |
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0.000 |
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TOTAL |
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0.046 |
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APPLICATION OF FUNDS |
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FIXED ASSETS [Net Block] |
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0.037 |
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Capital work-in-progress |
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0.000 |
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INVESTMENT |
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0.000 |
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DEFERRED TAX ASSETS |
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0.000 |
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CURRENT ASSETS, LOANS & ADVANCES |
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Inventories |
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0.000 |
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Sundry Debtors |
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0.000 |
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Cash & Bank Balances |
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0.009 |
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Other Current Assets |
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0.000 |
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Loans & Advances |
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0.000 |
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Total
Current Assets |
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0.009
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Less : CURRENT LIABILITIES & PROVISIONS |
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Sundry Creditors |
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0.000 |
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Other Current Liabilities |
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0.000 |
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Provisions |
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0.000 |
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Total
Current Liabilities |
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0.000 |
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Net Current Assets |
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0.009
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MISCELLANEOUS EXPENSES |
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0.000 |
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TOTAL |
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0.046 |
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PROFIT
& LOSS ACCOUNT
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PARTICULARS |
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31.03.2017 |
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SALES |
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Income |
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0.000 |
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Other Income |
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0.000 |
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TOTAL
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0.000 |
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Less |
EXPENSES |
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Cost of goods sold |
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0.000 |
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Salary and wages |
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|
0.025 |
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Telephone expenses |
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0.005 |
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TOTAL |
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0.030 |
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PROFIT/ (LOSS)
BEFORE INTEREST, DEPRECIATION AND AMORTISATION |
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(0.030) |
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Less |
FINANCIAL
EXPENSES |
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0.000 |
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PROFIT
/ (LOSS) BEFORE, DEPRECIATION AND AMORTISATION |
|
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(0.030) |
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Less/
Add |
DEPRECIATION/
AMORTISATION |
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0.024 |
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NET PROFIT/
(LOSS) |
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(0.054) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
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|
31.03.2017 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
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0.00 |
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Account Receivables Turnover (Income / Sundry
Debtors) |
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0.00 |
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Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
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0.00 |
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Inventory Turnover (Operating Income
/ Inventories) |
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0.00 |
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Asset Turnover (Operating Income
/ Net Fixed Assets) |
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(0.81) |
LEVERAGE RATIOS
|
PARTICULARS |
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|
31.03.2017 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
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0.00 |
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Debt Equity Ratio (Total Liability
/ Networth) |
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0.00 |
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Current Liabilities to Networth (Current
Liabilities / Net Worth) |
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0.00 |
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Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
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0.80 |
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Interest Coverage Ratio (PBIT / Financial
Charges) |
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|
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
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|
31.03.2017 |
|
Net Profit Margin ((PAT
/ Sales) * 100) |
% |
|
|
0.00 |
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Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
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(117.39) |
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Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
|
|
(117.39) |
SOLVENCY RATIOS
|
PARTICULARS |
|
|
31.03.2017 |
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Current Ratio (Current Assets / Current Liabilities) |
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0.00 |
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Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
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0.00 |
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G-Score Ratio Financial (Networth / Total
Assets) |
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|
1.00 |
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G-Score Ratio Debt (Debts / Equity
Capital) |
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0.00 |
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G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
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|
0.00 |
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 |
Yes |
|
5 |
Buyer visit details |
Yes |
|
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 |
Yes |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees (As per site visit) |
Yes |
|
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 |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
26 |
Turnover of firm for last about six months
|
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last about six months |
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 |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
|
OBSERVATION
POINTS |
|
Name of Company : |
SHREE HANUMANT TILES AND SANITARY WARE LLP
|
|
|
|
|
Address : |
Shop No. 4 & 5, Ground Floor, 957, Saraiya Tola, Lucknow – 226021, Uttar Pradesh, India |
|
|
|
|
Person to whom we met: |
Mr. Pramod Chaudhary |
|
|
|
|
Designation : |
Designated Partner |
|
|
|
|
Name Board : |
Not Sighted (Name Board Sighted of Shree Hanumant Tiles and Sanitary Ware) |
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Location: |
Easy |
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Landmark (If Any): |
Near Awadh Club |
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Total Floors of the building: |
1 |
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Subject situated at : |
Ground Floor |
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Locality: |
Commercial |
|
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|
Area of Premises : |
200 Sq.ft. |
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Area : |
Neutral |
|
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|
No. of Employees
seen at Premises : |
2 |
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|
Visibility of
Items: |
· Telephone · Office Equipment |
|
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|
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|
Neighbor
Interview : |
Name of company
: Jai Construction and Trading Contact Person
Name : Mr. Ajay (Mobile No.91-9721960012) Name of company
: Anshu Fabrication Contact Person
Name : Mr. Anshu Neighbors Overview: Our executive enquired from neighbours i.e. Mr. Ajay (Jai construction and trading) and Mr. Anshu (Anshu Fabrication) and they were also confirmed that firm exists on given address. |
|
|
|
|
Proof of visit: |
Photographs Visiting Card |
INDEX OF CHARGES: NO
CHARGES EXISTS FOR COMPANY LLP
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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
|
INR |
|
US Dollar |
1 |
INR 64.37 |
|
UK Pound |
1 |
INR 89.71 |
|
Euro |
1 |
INR 78.89 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUP |
|
|
|
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
JYTK |
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 |
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.