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MIRA INFORM REPORT
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Report No. : |
490593 |
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Report Date : |
19.02.2018 |
IDENTIFICATION DETAILS
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Name : |
GANPATI ENTERPRISE |
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Registered
Office : |
New Market Complex, Ward No 4, Main Road, Sambalpur – 768222, Orissa |
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Mobile No.: |
91-9437059741 (Mr. Rajesh Kumar Agrawala) |
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Country : |
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Financials (as
on) : |
Not Divulged |
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Year of
Establishment : |
Not Divulged |
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Capital
Investment / Paid-up Capital : |
Not Divulged |
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IEC No.: [Import-Export Code No.] |
Not Applicable (As informed by the management that firm
does not have export and import) |
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GSTN : [Goods & Service Tax
Registration No.] |
21AFZPA1311EJ1Z4 |
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TIN No.: |
21221707320 |
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PAN No.: [Permanent Account No.] |
AFZPA1311E |
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Legal Form : |
Sole Proprietary Concern |
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Line of Business
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Supplier
all types of pipes. (From indirect source) |
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No. of Employees
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03 (Approximately) (As per site visit) |
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 : |
Undetermined |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Our executive tried contacting the subject but could not contact the subject. As per the indirect sources we found that the subject is a proprietary concern and is engaged in supplying of all types of pipes. No payment terms are known. In view of aforesaid, the subject can be considered for business dealings on fully safe and secured trade terms and condition. NOTE: Site visit was conducted at the address which you have provided but our executive could not trace the subject on the given address. At the given address our executive found another company named Ganpati Traders. Our executive spoke to Mr. Dilip (one of the staff of Ganpati Traders) and he claimed that Ganpati Traders is situated on the given address and he is not aware about the subject. Our executive inquired with the neighbour companies Ganesh Holdings and General Store but they were also not aware about the subject. As per our executive’s observation, location was easy to find. Locality appears to be residential. Area seems to be upmarket. Name board of the subject was not sighted instead, name board of Ganpati Traders was sighted at the 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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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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
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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 19.02.2018
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
(91-9040604080) – Continuously ringing
(91-9437059741) – Disconnecting call
LOCATIONS
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Registered Office : |
New Market Complex, Ward No 4, Main Road, Sambalpur – 768222, Orissa,
India |
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Tel. No.: |
Not Available |
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Mobile No.: |
91-9437059741 (Mr. Rajesh Kumar Agrawala) |
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Fax No.: |
Not Available |
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E-Mail : |
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Area: |
1000 Sq. ft. (As per site visit) |
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Location: |
Residential (As per site visit) |
SOLE PROPRIETOR
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Name : |
Mr. Rajesh Kumar Agrawala |
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Designation : |
Proprietor |
BUSINESS DETAILS
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Line of Business : |
Supplier
all types of pipes. (From indirect source) |
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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 : |
03 (Approximately) (As per site visit) |
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Bankers : |
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Auditors : |
Not Divulged |
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Collaborators : |
Not Available |
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Membership : |
Not Available |
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Sister Concern : |
-- |
CAPITAL STRUCTURE
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Capital Investment : |
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Owned : |
Not Divulged |
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Borrowed : |
Not Divulged |
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Total : |
Not Divulged |
FINANCIAL DATA
[all figures are
INR Million]
NOT DIVULGED
The above information has been denied by Mr. Rajesh Kumar Agrawala
Note: Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry Records.
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 |
No |
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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 |
-- |
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6 |
Contact numbers |
Yes |
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7 |
Name of the person contacted |
Yes |
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8 |
Designation of contact person |
Yes |
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9 |
Promoter’s background |
No |
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10 |
Date of Birth of Proprietor / Partners /
Directors |
No |
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11 |
Pan Card No. of Proprietor / Partners |
No |
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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 |
No |
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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 |
No |
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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 |
OBSERVATION POINTS
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Address : |
New Market Complex, Ward No 4, Main Road, Sambalpur – 768222, Orissa,
India |
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Mobile No.: |
91-9437059741 |
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Person to whom we met: |
Name: Mr. Dilip (one of the staff of Ganpati
Traders) |
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Name Board : |
Not Sighted (sighted name board of “Ganpati Traders”) |
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Location: |
Easy |
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Total Floors of the building: |
Shed Type Premises |
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Locality: |
Residential |
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Area of Premises: |
1000 Sq. ft. |
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Area : |
Upmarket |
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No. of Employees
seen at Premises : |
03 |
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Furniture item: |
Chair, Table |
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Neighbour’s
Interview: |
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Name of the
company: |
Ganesh Holdings |
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Neighbour’s
overview: |
Existence confirmed |
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Neighbour’s
Interview: |
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Name of the
company: |
General Store |
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Neighbour’s
overview: |
Existence confirmed |
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Proof of visit: |
Photographs |
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 63.90 |
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1 |
INR 90.31 |
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Euro |
1 |
INR 80.16 |
INFORMATION DETAILS
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Information
Gathered by : |
SHW |
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Analysis Done by
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NIY |
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Report Prepared
by : |
NKTS |
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.