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MIRA INFORM REPORT
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Report No. : |
491593 |
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Report Date : |
15.02.2018 |
IDENTIFICATION DETAILS
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Name : |
SWARAJ PLANT NUTRITION PRIVATE LIMITED |
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Registered
Office : |
Flat No. 2002, Building - A, Shubh Kalyan, Nanded City, Sinhagad
Road, Pune – 411041, Maharashtra |
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Tel. No.: |
Not Available |
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Country : |
India |
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Financials (as
on) : |
Not Available |
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Date of
Incorporation : |
28.04.2016 |
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Com. Reg. No.: |
11-164166 |
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Capital Investment
/ Paid-up Capital : |
INR 0.100 Million |
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CIN No.: [Company Identification
No.] |
U01100PN2016PTC164166 |
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IEC No.: |
Not Available |
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GSTIN/UIN : |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
Not Available |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
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Trading, reselling, developing, marketing, supplying and dealing in all types of agriculture inputs such as fertilizers, pesticides, seeds, chemicals and implements, agri produce export activity which includes farm fresh as well as processed farm products. [Registered Activity] |
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No. of Employees
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Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
C |
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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 a relatively new company incorporated in April 2016 having
moderate track record. Management of the company has not filed its financials with government
registry since its incorporation. Our executives were unable to contact the company. Further the company
was nor traceable during site visit. As per Registrar of Companies the status of the company is shown as
active. Payment terms are unknown. In view of the aforesaid, the company can be considered for business
dealings on safe and secured trade terms and conditions. NOTE: Site visit was conducted at the address which you have provided.
However, door of the premises was found locked. As per our executive observation, it is a 22 storey
building and subject address is located on the 20th floor of the
building. Locality of the premises appears to be residential and area seems
to be upmarket. Name board of the subject was not sighted at the given premises and
landmark of the area is “Nanded City”. Our executive enquired with the neighbour of the subject who claimed
that Ms. Archana Chavan is the owner of the premises but she has given
premises for rent from last 1 year. Further, denied parting name of tenant. |
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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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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
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 15.02.2018
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
UNABLE
TO CONTACT
LOCATIONS
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Registered Office : |
Flat No. 2002, Building - A, Shubh Kalyan, Nanded City,
Sinhagad Road, Pune – 411041, Maharashtra, India |
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Tel. No.: |
Not Available |
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Fax No.: |
Not Available |
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E-Mail : |
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Locality : |
Residential (As per site visit) |
DIRECTORS
AS ON 31.03.2017
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Name : |
Mr. Vivek Dinkar Deshmukh |
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Designation : |
Director |
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Address : |
C-3, Chaitanya Sharada Co-operative Housing Society, Near Sanjivan
Hospital, Old Naka, Off Ganga Pur Road, Nashik – 422013, Maharashtra, India |
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Date of Birth/Age : |
19.08.1973 |
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Date of Appointment : |
28.04.2016 |
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DIN No.: |
07406942 |
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PAN No.: |
AGQPD7979R |
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Name : |
Mr. Vivek Kumar Parekh |
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Designation : |
Director |
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Address : |
H.No.132, Sadar Bazar, Motar Stand, Ward No.13, Dhamtari – 493773, Chhattisgarh, India |
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Date of Birth/Age : |
09.01.1975 |
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Date of Appointment : |
28.04.2016 |
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DIN No.: |
07406948 |
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PAN No.: |
AEPPP7760P |
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Name : |
Mr. Amol Chandrahar Dhavane |
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Designation : |
Director |
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Address : |
Sambhaji Chowk, Diksal Post Masale Chaudhari, Mohol,
Solapur – 413222, Maharashtra, India |
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Date of Birth/Age : |
02.06.1986 |
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Date of Appointment : |
05.07.2017 |
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DIN No.: |
07871248 |
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Name : |
Mrs. Manju Nitin Dhavane |
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Designation : |
Director |
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Address : |
207, Sambhaji Chowk, At Diksal Post Masle Chaudhari,
Taluka. Mohol, Solapur – 413222, Maharashtra, India |
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Date of Birth/Age : |
11.03.1979 |
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Date of Appointment : |
05.07.2017 |
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DIN No.: |
07871270 |
MAJOR SHAREHOLDERS
AS ON 07.04.2016
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Names of Shareholders |
No. of Shares |
% of Holding |
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Nitin Chandrahar Dhavane |
9000 |
90.00 |
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Vivek Dinkar Deshmukh |
500 |
5.00 |
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Vivek Kumar Parekh |
500 |
5.00 |
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Total |
10000 |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Trading, reselling, developing, marketing, supplying and dealing in all types of agriculture inputs such as fertilizers, pesticides, seeds, chemicals and implements, agri produce export activity which includes farm fresh as well as processed farm products. [Registered Activity] |
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Products / Services
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·
Fertilizers ·
Pesticides ·
Seeds ·
Chemicals |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
Not Available |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Available |
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Bankers : |
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Auditors : |
Not Available |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
-- |
CAPITAL STRUCTURE
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
INR 10/- each |
INR 0.100 Million |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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10000 |
Equity Shares |
INR 10/- each |
INR 0.100 Million |
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FINANCIAL DATA
[all figures are
in INR Million]
NOT AVAILABLE
LOCAL AGENCY FURTHER INFORMATION
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Sr. No. |
Check list by info
agents |
Available in
Report (Yes/No) |
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1 |
Year of establishment |
Yes |
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2 |
Constitution of the entity -Incorporation
details |
Yes |
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3 |
Locality of the entity |
Yes |
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4 |
Premises details |
No |
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5 |
Buyer visit details |
Yes |
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6 |
Contact numbers |
No |
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7 |
Name of the person contacted |
No |
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8 |
Designation of contact person |
No |
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9 |
Promoter’s background |
Yes |
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10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
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11 |
Pan Card No. of Proprietor / Partners |
Yes |
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12 |
Voter Id Card No. of Proprietor / Partners |
No |
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13 |
Type of business |
Yes |
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14 |
Line of Business |
Yes |
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15 |
Export/import details (if applicable) |
No |
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16 |
No. of employees |
No |
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17 |
Details of sister concerns |
No |
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18 |
Major suppliers |
No |
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19 |
Major customers |
No |
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20 |
Banking Details |
No |
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21 |
Banking facility details |
No |
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22 |
Conduct of the banking account |
-- |
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23 |
Financials, if provided |
No |
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24 |
Capital in the business |
Yes |
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25 |
Last accounts filed at ROC, if applicable |
No |
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26 |
Turnover of firm for last three years |
No |
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27 |
Reasons for variation <> 20% |
-- |
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28 |
Estimation for coming financial year |
No |
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29 |
Profitability for last three years |
No |
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30 |
Major shareholders, if available |
Yes |
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31 |
External Agency Rating, if available |
No |
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32 |
Litigations that the firm/promoter
involved in |
-- |
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33 |
Market information |
-- |
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34 |
Payments terms |
No |
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35 |
Negative Reporting by Auditors in the Annual
Report |
No |
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OBSERVATION POINTS |
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Address : |
Flat No. 2002, Building - A, Shubh Kalyan, Nanded City,
Sinhagad Road, Pune – 411041, Maharashtra, India |
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Name Board : |
Not Sighted |
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Location: |
Easy |
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Landmark (If Any): |
Nanded City |
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Total Floors of the building: |
22 Floor |
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Subject situated on: |
20th Floor |
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Locality: |
Residential |
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Area : |
Upmarket |
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Neighbour’s
Interview : |
Our executive enquired with the neighbour of the subject who claimed
that Ms. Archana Chavan is the owner of the premises but she has given
premises for rent from last 1 year. Further, denied parting name of tenant. |
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Proof of visit: |
Photograph |
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
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Currency |
Unit
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INR |
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US Dollar |
1 |
INR 64.16 |
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1 |
INR 89.17 |
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Euro |
1 |
INR 79.39 |
INFORMATION DETAILS
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Information
Gathered by : |
SHK |
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Analysis Done by
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DIV |
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Report Prepared
by : |
NKT |
SCORE FACTORS
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.