|
|
|
MIRA INFORM REPORT
|
Report No. : |
493474 |
|
Report Date : |
23.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
BDJ OXIDES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
34A Metacalfe Street, 1st Floor, Flat No. 1C, Kolkata – 700013,
West Bengal |
|
Tel. No.: |
91-33-40140100 |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2018 |
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|
|
|
Date of
Incorporation : |
10.11.2010 |
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|
|
|
Com. Reg. No.: |
21-154602 |
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|
|
Capital
Investment / Paid-up Capital : |
INR 3.320 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24100WB2010PTC154602 |
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|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
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|
|
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PAN No.: [Permanent Account No.] |
AAECB3392D |
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|
|
Legal Form : |
Private Limited Liability Company |
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|
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Line of Business
: |
Manufacturing of Chemical and Chemical Products. (Registered activity) |
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|
|
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No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Maximum Credit Limit : |
USD 10000 |
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|
|
|
Status : |
Recently commenced its business operations |
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|
|
|
Payment Behaviour : |
Slow |
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Litigation : |
Clear |
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|
|
Comments : |
Subject was incorporated in the year 2010 and it is a manufacturer of
chemical and chemical products. As per Registrar of Companies, the date of fillings its financials is shown
as 31.03.2017 but audited documents related to the FY 2017 are not available
from any other sources. As per indirect sources, we could find that the subject has commenced
its business operations during the FY 2017 and has achieved a revenue of INR 150.000
Million till January 2017. Rating takes into consideration the company’s modest scale of
operations marked by moderate capital structure along with above average debt
coverage indicators and below average liquidity position. However, rating weakness is partially offset by extensive experience
of its promoters and established relationship with customer and supplier. Payments seems to be slow. In view of aforesaid, the company can be considered for business
dealings with some caution. Note: As per indirect sources, we could find that the company’s
provisional financials for the FY 2017 i.e. net worth is INR 44.4000 Million
and gearing ratio is 2.73 against. |
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
|
Rating Agency Name |
SMERA |
|
Rating |
Long Term Rating = B+ |
|
Rating Explanation |
Risk-prone-credit-quality and carries very high credit risk. |
|
Date |
04.04.2017 |
|
Rating Agency Name |
SMERA |
|
Rating |
Short Term Rating = A4 |
|
Rating Explanation |
Minimal degree of safety and very high credit risk. |
|
Date |
04.04.2017 |
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 23.02.2018
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
MANAGEMENT NON-COOPERATIVE: Tel. No.:91-33-40140100
LOCATIONS
|
Registered Office : |
34A Metacalfe Street, 1st Floor, Flat No. 1C, Kolkata – 700013,
West Bengal, India |
|
Tel. No.: |
91-33-40140100 |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Anirudh Jhunjhunwala |
||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
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|
Address : |
12, Murlidhar Sen Lane, Kolkata – 700073, West Bengal,
India |
||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
22.02.1979 |
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Date of Appointment : |
14.07.2011 |
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DIN No.: |
00234879 |
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Other Directorship:
|
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|
||||||||||||||||||||||||||||||||||||||||
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Name : |
Mr. Anuj Jhunjhunwala |
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|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||
|
Address : |
12, Murlidhar Sen Lane, Kolkata – 700073, West Bengal,
India |
||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
21.10.1983 |
||||||||||||||||||||||||||||||||||||||||
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Date of Appointment : |
10.11.2010 |
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DIN No.: |
00234926 |
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Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Anuj Jhunjhunwala |
|
8000 |
|
Anirudh Jhunjhunwala |
|
2000 |
|
Alkan Fiscal Services Private Limited, India |
|
10000 |
|
Crystal Towers Private Limited, India |
|
10000 |
|
Eashwar Fiscal Services Private Limited, India |
|
20000 |
|
Jayanti Commercial Limited, India |
|
10000 |
|
Vision Projects and Finvest Private Limited, India |
|
22000 |
|
Total |
|
82000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
12.20 |
|
Promoter - Bodies
corporate |
87.80 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing of Chemical and Chemical Products. (Registered activity) |
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Products : |
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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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||||
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Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management |
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Bankers : |
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||||||||||||||||||||||
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||||||||||||||||||||||
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Facilities : |
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Auditors : |
|
|
Name : |
N. Kejriwal and Company Chartered Accountants |
|
Address : |
F29 Kamlalaya Centre, 156A Lenin Sarani, Kolkata – 700013, West
Bengal, India |
|
Tel. No.: |
91-33-22153185 |
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Mobile No.: |
91-9830174735 |
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Fax No.: |
91-33-22158807 |
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E-Mail : |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AFZPK1510K |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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|
Other related parties : |
|
CAPITAL STRUCTURE
As on 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Shares |
INR 10/- each |
INR 1.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
82000 |
Equity Shares |
INR 10/- each |
INR 0.820
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
0.820 |
0.820 |
0.820 |
|
(b) Reserves & Surplus |
2.745 |
2.763 |
2.789 |
|
(c) Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
3.565 |
3.583 |
3.609 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
54.618 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
54.618 |
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
20.700 |
13.835 |
7.600 |
|
(b) Trade payables |
0.000 |
0.000 |
0.000 |
|
(c) Other current liabilities |
6.313 |
1.447 |
0.516 |
|
(d) Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities (4) |
27.013 |
15.282 |
8.116 |
|
|
|
|
|
|
TOTAL |
85.196 |
18.865 |
11.725 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
5.544 |
4.531 |
4.192 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital work-in-progress |
77.734 |
13.929 |
7.272 |
|
(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.071 |
0.024 |
0.025 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.006 |
|
Total
Non-Current Assets |
83.349 |
18.484 |
11.495 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade receivables |
0.000 |
0.000 |
0.000 |
|
(d) Cash and cash equivalents |
0.239 |
0.381 |
0.230 |
|
(e) Short-term loans and
advances |
1.608 |
0.000 |
0.000 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
1.847 |
0.381 |
0.230 |
|
|
|
|
|
|
TOTAL |
85.196 |
18.865 |
11.725 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
0.000 |
0.000 |
0.000 |
|
|
Other Income |
0.000 |
0.000 |
0.000 |
|
|
TOTAL
|
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Other expenses |
0.018 |
0.020 |
0.000 |
|
|
TOTAL |
0.018 |
0.020 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
(0.018) |
(0.020) |
(0.006) |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
0.000 |
0.006 |
0.026 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
(0.018) |
(0.026) |
(0.032) |
|
|
|
|
|
|
|
Less |
TAX |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
(0.018) |
(0.026) |
(0.032) |
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
(0.117) |
(0.091) |
(0.059) |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
(0.135) |
(0.117) |
(0.091) |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (INR) |
(0.23) |
(0.31) |
(0.39) |
|
Particulars |
|
|
April 2016 to
January 2017 |
|
Sales Turnover |
|
|
150.000 |
|
|
|
|
|
The above information has been taken from indirect source.
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
0.143 |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from operating activity |
NA |
NA |
NA |
KEY
RATIOS
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.96 |
0.81 |
0.69 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
21.13 |
3.86 |
2.11 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
7.58 |
4.27 |
2.25 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
23.36 |
5.15 |
3.18 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
(0.02) |
(0.14) |
(0.27) |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
(0.50) |
(0.73) |
(0.89) |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
0.07 |
0.02 |
0.03 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
0.07 |
0.02 |
0.03 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.04 |
0.19 |
0.31 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
91.85 |
16.87 |
9.27 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
0.07 |
0.02 |
0.03 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
0.820 |
0.820 |
0.820 |
|
Reserves & Surplus |
2.789 |
2.763 |
2.745 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
3.609 |
3.583 |
3.565 |
|
|
|
|
|
|
Long Term borrowings |
0.000 |
0.000 |
54.618 |
|
Short Term borrowings |
7.600 |
13.835 |
20.700 |
|
Total
borrowings |
7.600 |
13.835 |
75.318 |
|
Debt/Equity
ratio |
2.106 |
3.861 |
21.127 |
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 |
-- |
|
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 |
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 |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
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 |
No |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
Yes |
|
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 |
FINANCIAL
HIGHLIGHTS:
During the financial year, the company has incurred a loss of INR 0.018
Million as against loss of INR 0.026 Million in the previous financial year.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2016 (INR
in Million) |
31.03.2015 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
From Bodies Corporate |
11.000 |
0.000 |
|
|
|
|
|
Short-term
borrowings |
|
|
|
Loan from Related Parties |
10.700 |
5.185 |
|
Loan from Other Parties |
9.500 |
8.150 |
|
Other Advances |
0.500 |
0.500 |
|
Total |
31.700 |
13.835 |
INDEX
OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
C76908201 |
10586638 |
Bank of Baroda |
17/08/2015 |
02/01/2016 |
- |
140000000.0 |
India Exchange Branch 4, India Exchange Place, Kolkata – 700001, West Bengal, India |
FIXED ASSETS
- Land
- Buildings
- Furniture and Fixture
- Motor Vehicles
- Equipment and Appliances
- Computer and Accessories
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 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 65.04 |
|
|
1 |
INR 90.41 |
|
Euro |
1 |
INR 79.83 |
INFORMATION DETAILS
|
Information
Gathered by : |
AKS |
|
|
|
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
SUJ |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--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 |
YES |
|
--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.