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|
|
Report No. : |
491015 |
|
Report Date : |
19.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
GLOBAL INDIAN INTERNATIONAL SCHOOL |
|
|
|
|
Registered
Office : |
Elpro International Compound, Shridhas Nagar, Entrance From Chinchwad,
Pune-411033, Maharashtra |
|
Tel No.: |
91-20-67333500 [30 Lines] |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
Not Available |
|
|
|
|
Year of
Establishment : |
2002 |
|
|
|
|
Capital
Investment : |
Not Divulged |
|
|
|
|
IEC No.: |
Not Divulged |
|
|
|
|
GST No.: |
Not Divulged |
|
|
|
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TIN No.: |
Not Divulged |
|
|
|
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PAN No.: [Permanent Account No.] |
Not Divulged |
|
|
|
|
Legal Form : |
Educational Institution |
|
|
|
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Line of Business
: |
Providing Educational Services. [From Indirect Sources] |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
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Litigation : |
Clear |
|
|
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|
Comments : |
Global India International School is an educational institution established in the year 2002. It is engaged in providing educational services.
Further, our executive enquired with neighbour company (Elpro and Mahle) and they confirmed that the subject is situated on the given premises since 4 – 5 years.
|
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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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 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 DECLINED BY
|
Name : |
Mr. Sandesh |
|
Designation : |
Not Divulged |
|
Contact No.: |
91-20-67333555 |
|
Date : |
16.02.2018 |
[Given number 022-27352211 is incorrect number]
[Given E-Mail anilshah@hindcharitytrust.org
does not belongs to the subject company]
LOCATIONS
|
Registered Office : |
Elpro International Compound, Shridhas Nagar, Entrance From Chinchwad,
Pune-411033, Maharashtra, India |
|
Tel. No.: |
91-20-67333500 (30 Lines)/ 67333555 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Locality : |
Commercial [As per site visit] |
|
|
|
|
Campus : |
Global Indian International School (GIIS)
- Hyderabad (Uppal) Campus, India Survey No. 8 & 9,
Peerjadiguda, Uppal Mandal,
Hyderabad – 39, Telangana, India Tel. No.: 91-40-65353535 Email: admissions@hyd.globalindianschool.org Global Indian International School (GIIS)
- Surat Campus, India School Site Office: Chalthan, Near Toll Naka, Kadodara - Mumbai NH 8 (Next to Choki
Dhani Restaurant), Surat, Gujarat, India Tel. No.: 91-261-6444267/ 6444268. Global Indian International School (GIIS) -
Noida Campus, India D-5, Sector 71, Noida Uttar Pradesh,
India Tel. No.:91-120-6605800 Global Indian International School (GIIS) -
Indore Campus, India Global Indian International School NH
59, 7th K.M. Indore - Ahmedabad Road (Dhar Road) Sinhasa, Indore- 452 002,
Madhya Pradesh, India Global Indian International School (GIIS) -
Bangalore Campus, India No-5,6,8 Heggondahalli Village,
Whitefield Sarjapur Main Road, Gunjur Post, Bangalore-560087, Karnataka, India Tel. No.: 91-80-30406300 Global Indian International School (GIIS) -
Ahmedabad Campus, India Godrej Garden City, Behind Nirma University, Off S.G. Highway, Jagatpur, |
MANAGEMENT
|
Name : |
Dr. Justice C.S. Dharmadhikari |
|
Designation : |
Co-Founder and Patron |
|
|
|
|
Name : |
Mr. Chandrakant Borde |
|
Designation : |
President and Co-founder, Global Schools Foundation |
|
Profile : |
He is a legendary cricketer and has been a towering figure in the field of sports from decades. Being an all-rounder, Mr Borde had an illustrious cricketing career in the Indian Cricket Team from 1958 to 1970. In his vast career span, he served as the chairman of the National Selection Committee and as the manager of the Indian Cricket Team following the 2007 World Cup. For his contributions in sports, Mr Borde has been honoured with Padma Shri in 1969, Arjuna Award in 1966, as well as Padma Bhushan (one of India's highest civilian awards) in 2002. Under his mentorship, the Chandu Borde Global Cricket Academy (CBGCA) has been launched at Global Indian International School's campuses in India. |
|
|
|
|
Name : |
Mr. Aftab Seth |
|
Designation : |
Vice-President, Global Schools Foundation |
|
Profile : |
Former Indian Ambassador, Mr. Seth has a long and distinguished career in the Indian Foreign Service. He has been the Ambassador of India to countries like Japan, Vietnam, and the Federal States of Micronesia. After joining India’s Ministry of External Affairs, Ambassador Seth served in embassies and consulates in Beirut, Cairo, Hamburg, Jakarta and Karachi. Ambassador Seth received a BA (Honours) from St. Stephen's College at Delhi University, and an MA from Christ Church College at University of Oxford where he was a Rhodes Scholar. He has been felicitated with the honorary doctorate degree from the American College of Greece. |
|
|
|
|
Name : |
Mr. Tan Sri Datuk Seri Mohd Hussin bin Abdul Hamid |
|
Designation : |
Vice-President, Global Schools Foundation |
|
Profile : |
He is the Chairman of the Advisory Board Malaysia. Tan Sri has a vast banking experience, having served as an Executive at Standard Chartered Bank for over 30 years before moving on to become the Chairman of MIMB Investment Bank Berhad, Chairman of EONCAP Islamic Banking Berhad. He also holds Directorship in EON Bank Berhad, and Government owned-banks, viz. Bank Industri & Teknologi Malaysia Berhad, Export-Import Bank of Malaysia Berhad and Malaysia Debt Ventures Berhad. He is the former Chairman Naza/TTDI Properties Berhad and currently serves as an Independent Director in thirteen companies within the Naza/TTDI Group. |
|
|
|
|
Name : |
Mr. N R Narayana Murthy
|
|
Designation : |
Patron, Global Schools Foundation |
|
|
|
|
Name : |
Mr. Basdeo Panday
|
|
Designation : |
Patron, Global Schools Foundation |
|
|
|
|
Name : |
Dr. Karan Singh
|
|
Designation : |
Patron, Global Schools Foundation |
|
|
|
|
GOVERNING BOARD |
|
|
Name : |
Mr. Maneesh Tripathi |
|
Designation : |
Board Member |
|
Profile : |
He is brings vast experience of working in various multinational companies across six different countries. Mr Tripathi currently runs a billion dollar-plus listed companies (as CEO) and has a strong background in product innovation, customer needs, business management, governance, and people management. By creating value for stakeholders, he takes prides on taking responsibility and carrying out commitments fearlessly. |
|
|
|
|
Name : |
Mr. Subodh Gore |
|
Designation : |
Governing Board Member |
|
Profile : |
He is a Chartered Accountant and a Company Secretary with over 25 years of experience. He brings with him rich experience in finance, controlling and mergers & acquisition. Mr Gore has been associated with the Global Schools Foundation since its establishment in 2002 as a Founding Trustee. Currently, he is the Managing Director (India) at Hoerbiger. |
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ADVISORY BOARD |
· Mr. F C Kohli, Advisory Board – International · Mr. Arjun Malhorta, Advisory Board - International · Mrs. Shabana Azmi, Advisory Board - International · Mr. Ashok Soota, Advisory Board - International · Dr. Karan Singh Thakral, Advisory Board - International · Prof. Ralph Tabberer , Board of International Studies · Mr. Laurie Ince, Board of International Studies · Mr. Gregor Polson, Board of International Studies · Mr. Kotaro Tamura, Advisory Board - Japan · Mr. Ambassador K Kesavapany, Advisory Board - Singapore · Mr. Boon Yoon Chiang, Advisory Board - Singapore · Mrs. Kirtida Mekani, Advisory Board - Singapore · Mr. Abdullatif Almulla, Advisory Board - United Arab Emirates · Lt. Gen. (Retd) Sudhir Sharma, Advisory Board – India · Rajagopalan Sundar, Advisory Board - India |
BUSINESS DETAILS
|
Line of Business : |
Providing Educational Services. [From Indirect Sources] |
|
|
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|
Brand Names : |
Not Divulged |
|
|
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Not Divulged |
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Purchasing : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged |
||||||||||||||||||||||
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Bankers : |
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|
|
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Auditors : |
Not Divulged |
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Memberships : |
Not Divulged |
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Collaborators : |
Not Divulged |
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|
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Associates/Subsidiaries : |
Not Divulged |
CAPITAL STRUCTURE
|
Capital Investment : |
|
|
Owned : |
Not Divulged |
|
Borrowed : |
Not Divulged |
|
Total : |
Not Divulged |
FINANCIAL ANALYSIS
[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 |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
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 |
Yes |
|
14 |
Line of Business |
Yes |
|
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 : |
GLOBAL INDIAN INTERNATIONAL SCHOOL |
|
|
|
|
Address : |
Elpro International Compound, Shridhas Nagar, Chinchwad Link Road,
Pune-411033, Maharashtra, India |
|
Contact No.: |
91-20-67333555 |
|
|
|
|
Date of Visit : |
14.02.2018 |
|
|
|
|
Person to whom we met: |
Security Guard |
|
|
|
|
Name Board : |
Sighted |
|
|
|
|
Location: |
Easy |
|
|
|
|
Landmark (If Any): |
Elpro Company |
|
|
|
|
Total Floors of the Building : |
5 Floors |
|
|
|
|
Subject situated on: |
Whole Building |
|
|
|
|
Locality: |
Commercial |
|
|
|
|
Area : |
Upmarket |
|
|
|
|
Neighbours Interview : |
Further, our executive enquired with neighbour company (Elpro and Mahle) and they confirmed that the subject is situated on the given premises since 4 – 5 years. |
|
|
|
|
Proof of visit: |
Photos |
WEBSITE DETAILS:
GLOBAL INDIAN
INTERNATIONAL SCHOOL (GIIS)
Global Indian International School (GIIS) - established under the guiding principles of Global Schools Foundation - is an international network of award-winning schools with 20 campuses across 7 countries, including Singapore, Malaysia, India and Japan. Known for its learner-centric and skill-based curricula, GIIS offers holistic learning and personality development opportunities for students.
GIIS has been honoured with several international and national awards over a span of 5 years for achieving excellence in school education. The school promotes a strong multicultural environment and has students from diverse nationalities enrolled across its campuses.
GIIS is a preferred international school offering curricula for Kindergarten to Year 12 education, including International Baccalaureate Diploma Programme (IBDP), International General Certificate of Secondary Education (IGCSE), Central Board of Secondary Education (CBSE), and Global Montessori Plus programme.
HOLISTIC EDUCATION
The Global School Nine Gems model is a proprietary tool, which is an integrated holistic approach towards facilitating all-round character building and learning opportunities for students.
The model balances academics with personality development, nurturing values and qualities of leadership & entrepreneurship, excelling in sports and performing arts, and instilling ethics & discipline with the spirit to serve.
The academic calendar and extra-curricular activitiesat GIIS are planned in a manner to provide students with enriching learning opportunities towards developing their overall personality. The Global School Nine Gems model acts as a catalyst for delivering a holistic educational experience for students across all levels.
INTERNATIONAL
PRESENCE
With an international network of 20 schools across 7 countries, Global Indian International School has been able to replicate best practices in academics, education excellence and teaching methodologies seamlessly throughout its campuses. Students of various nationalities across GIIS campuses benefit from knowledge-exchange sessions and e-learning activities conducted on a regular basis.
EDUCATION
EXCELLENCE AWARDS
Recognition of GIIS’ performance standards by national and international
organisations holds a special and significant meaning for the management,
staff, parents and students. Since its inception in 2002, the school set its
focus on providing quality education to students. In order to achieve this, GIIS
undertook conscious steps to instil efficiency and effectiveness in its
management processes, operational methodologies and curriculum delivery. This
not only enabled GIIS to internalise a process-driven culture, but also
synchronise and replicate strong operational practices across its campuses
worldwide.
GIIS schools have been honoured with several international and national awards
over a span of 6 years for achieving excellence in school education. Recognised
for imparting education using benchmarked quality practices, GIIS is committed
to a well-rounded and holistic approach for nurturing young minds for a better
tomorrow.
WINNER OF 59
NATIONAL AND INTERNATIONAL AWARDS FOR INNOVATION AND EXCELLENCE IN SCHOOL
EDUCATION | 2008 – 2016
· Asia Responsible Entrepreneurship Award 2016 (Winner: ‘Investment in
· Golden Peacock Innovative Product / Service Award 2016
· MQH Best Practices Competition 2016 (Winner: Overseas Category), Indian Merchants’ Chamber Ramkrishna Bajaj National Quality Award Trust,
· World Education Award 2016 from Elets Technomedia (9 GEMS Framework duly supported by 7S Analysis for Academic Results Prediction and Planning)
· World Education Award 2016 | Trophy – From 6th Elets & Dubai Knowledge (Pro-active initiative in Education supported under Corporate Social Responsibility)
· IMC RBNQA Performance Excellence Award 2015 (Overseas Category)
· Top 4 Finalist - Runner-up at 4th Global Benchmarking Award 2015
· Qualifier - Assessed as a Top 23 Best Practice and placed 3rd at 4th International Best Practice Competition 2015
· Global Performance Excellence Award World Class 2015
· Global Performance Excellence Award World Class 2015
· Global Performance Excellence Award Best in Class 2015
· Third Prize at Team Excellence Exchange Contest for SMILE to Excellence to inspear – 21st Asia Pacific Quality Conference 2015
· Encouragement Prize at Team Excellence Exchange Contest for Peace Ambassadors – 21st Asia Pacific Quality Conference 2015
· Golden Peacock Innovative Product / Service 2015
· Making Quality Happen (MQH) Best Practices Competition 2015 Winner
· 2 Stars awarded for Student Quality Circle (QC) presentation: “Challenges in Facing The Real World” at Team Excellence Competition 2014 – 20th Asia Pacific Quality Conference
· IMC RB National Quality Award 2014
· Singapore Quality Class Star 2014
· Special Commendation for Golden Peacock Innovation Management Award 2014
· Global Performance Excellence Award World Class 2014
· Global Performance Excellence Award World Class 2014
· Global Performance Excellence Award Best in Class 2014
· Golden Peacock Innovative Product / Service Award 2014
· IMC RB National Quality Award Performance Excellence 2013
· 2nd Global Benchmarking Award 2013 Finalist
· 2nd International Best Practice Competition 2013 Top Four Finalist and Runner-Up
· Golden Peacock HR Excellence Award 2013
· Golden Peacock Eco-Innovation Award 2013
· Global Performance Excellence Award World Class 2013
· Global Performance Excellence Award Best in Class 2013
· Global Performance Excellence Award Quest for Excellence 2013
· Special Commendation for Golden Peacock Business Excellence Award 2013
· IMC RB National Quality Award 2012
· Golden Peacock Innovative Product / Service Award 2012
· Singapore Quality Class 2012
· Singapore Quality Class 2012
· Global Performance Excellence Award World Class 2012
· Global Performance Excellence Award Best in Class 2012
· Global Performance Excellence Award Quest for Excellence 2012
· IMC RB National Quality Award Performance Excellence Trophy 2011
· Global Performance Excellence Award World Class 2011
· Global Performance Excellence Award Best in Class 2011
· Global Performance Excellence Award Quest for Excellence 2011
· Singapore Quality Class 2011
· Singapore Quality Class 2011
· Singapore Quality Class Star 2010
· IMC RB National Quality Award 2010
· Asia Responsible Entrepreneurship Award 2010
· International Asia Performance Quality Award Best in Class 2010
· Industry Excellence Award 2009
· International Asia Performance Quality Award Best in Class 2009
· Singapore Quality Class 2008
·
IMC RB National Quality Award Performance Excellence 2008
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 63.91 |
|
|
1 |
INR 90.31 |
|
Euro |
1 |
INR 80.17 |
INFORMATION DETAILS
|
Information
Gathered by : |
SHA |
|
|
|
|
Analysis Done by
: |
PRY |
|
|
|
|
Report Prepared
by : |
IND |
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.