|
|
|
MIRA INFORM REPORT
|
Report No. : |
490435 |
|
Report Date : |
23.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
BVG AGROTECH SERVICES LLP |
|
|
|
|
Registered
Office : |
BVG House, Premier Plaza, Pune - Mumbai Road, Chinchwad,
Pune – 411019, Maharashtra |
|
Mobile No.: |
91-7744081872 (Mr. Kedar Kulkarni) |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Establishment : |
20.06.2011 |
|
|
|
|
Total Obligation
of contribution: |
INR 6.501 Million |
|
|
|
|
LLPIN : |
AAA-5262 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TIN No.: |
Not Available |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction & Collection
Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Limited Liability Partnership |
|
|
|
|
Line of Business
: |
Subject is engaged in the business of agriculturist,
farming, horticulture, floriculture, sericulture, dairies, animal husbandry,
cultivators, growers of all kinds of foods grains, seeds, fruits, trees,
vegetables and flower. [Registered Activity] |
|
|
|
|
No. of Employees
: |
Information denied 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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
BVG Agrotech Services LLP is a part of “BVG Group”. The firm was established in the year 2011. Management has denied to provide any information about the subject. For the financial year 2017, the firm has earned revenue of INR 1.200 million along with average profit margin of 1.33%. The moderate financial profile of the firm is marked by comfortable capital base. However, rating weakness is partially offset by strong debt coverage indicators due to debt free balance sheet profile. Payments are seems to be slow but correct. In view of aforesaid, the subject can be considered for
business dealings with some caution. |
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 |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
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 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 PARTED BY
|
Name : |
Mr. Kedar Kulkarni |
|
Designation : |
Finance Manager |
|
Contact No.: |
91-7744081872 |
|
|
|
|
Name : |
Ms. Madhu Chandra |
|
Designation : |
Assistant General Manager |
|
Contact No.: |
91-20-27464220 |
|
|
|
|
Date : |
23.02.2018 |
LOCATIONS
|
Registered Office : |
BVG House, Premier Plaza, Pune - Mumbai Road, Chinchwad,
Pune – 411019, Maharashtra, India |
|
Tel. No.: |
91-20-27464220/21/26 |
|
Mobile No.: |
91-7744081872 (Mr. Kedar Kulkarni) |
|
Fax No.: |
91-20-27462273 |
|
E-Mail : |
|
|
Website: |
|
|
|
|
|
Branches: |
Located at
|
|
|
|
|
Overseas branches: |
Located at
|
PARTNERS
AS ON 31.03.2017
|
Name : |
Umesh Gautam Mane |
||||||||||||||||||||
|
Designation : |
Designated Partner |
||||||||||||||||||||
|
Address : |
55/1, Kawade Nagar, Devkar Road, New Sangvi, Pune – 411027,
Maharashtra India |
||||||||||||||||||||
|
Date of Birth/Age : |
22.08.1970 |
||||||||||||||||||||
|
Date of Appointment : |
20.06.2011 |
||||||||||||||||||||
|
PAN No.: |
AHQPM0552N |
||||||||||||||||||||
|
DPIN No.: |
01597365 |
||||||||||||||||||||
|
Other directorship:
|
|||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Vaishali H Gaikwad |
||||||||||||||||||||
|
Designation : |
Designated Partner |
||||||||||||||||||||
|
Address : |
250, Kawade Nagar, New Sangvi, Pune – 411027, Maharashtra, India |
||||||||||||||||||||
|
Date of Birth/Age : |
13.01.1975 |
||||||||||||||||||||
|
Date of Appointment : |
20.06.2011 |
||||||||||||||||||||
|
PAN No.: |
AFWPG2263E |
||||||||||||||||||||
|
DPIN No.: |
05017568 |
||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Hanmantrao Gaikwad |
||||||||||||||||||||
|
Designation : |
Designated Partner |
||||||||||||||||||||
|
Address : |
250, Kawade Nagar, New Sangvi, Pune – 411027, Maharashtra, India |
||||||||||||||||||||
|
Date of Birth/Age : |
21.10.1972 |
||||||||||||||||||||
|
Date of Appointment : |
20.06.2011 |
||||||||||||||||||||
|
PAN No.: |
ADTGP2678Q |
||||||||||||||||||||
|
DPIN No.: |
01597742 |
||||||||||||||||||||
|
Other directorship:
|
|||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Kedar Kulkarni |
|
Designation : |
Finance Manager |
|
|
|
|
Name : |
Ms. Madhu Chandra |
|
Designation : |
Assistant General Manager |
CONTRIBUTION DETAILS
As on 31.03.2017
|
Names of Persons |
INR in Million |
|
Vaishali H Gaikwad |
0.334 |
|
Hanmantrao Gaikwad |
0.333 |
|
Umesh Gautam Mane |
0.333 |
|
Total |
1.000 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the business of agriculturist,
farming, horticulture, floriculture, sericulture, dairies, animal husbandry,
cultivators, growers of all kinds of foods grains, seeds, fruits, trees,
vegetables and flower. [Registered Activity] |
|
|
|
|
Products : |
Not Available |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
Information denied by the management
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
|
Auditors : |
Not Divulged |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Sister Concern : |
|
CONTRIBUTION
AS ON 31.03.2017
Partner’s contribution
|
Names of Persons |
INR in Million |
|
Vaishali H Gaikwad |
0.334 |
|
Hanmantrao Gaikwad |
0.333 |
|
Umesh Gautam Mane |
0.333 |
|
Total |
1.000 |
Partner’s current account
|
Names of Persons |
INR in Million |
|
Hanmantrao Gaikwad |
|
|
Opening balance |
5.074 |
|
Addition |
0.000 |
|
Withdrawals |
(0.053) |
|
Profit/(Loss) |
0.005 |
|
|
5.026 |
|
|
|
|
Umesh Gautam Mane |
|
|
Opening balance |
0.993 |
|
Addition |
-- |
|
Withdrawals |
(0.053) |
|
Profit/(Loss) |
0.005 |
|
|
0.945 |
|
|
|
|
Vaishali H Gaikwad |
|
|
Opening balance |
(0.422) |
|
Addition |
-- |
|
Withdrawals |
(0.053) |
|
Profit/(Loss) |
0.005 |
|
|
(0.470) |
|
|
|
|
Total |
5.501 |
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Partner’s contribution |
1.000 |
1.000 |
1.000 |
|
(b) Partner’s current account |
5.501 |
5.645 |
(0.849) |
|
(c) Reserves &
Surplus |
0.000 |
0.000 |
0.000 |
|
(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) |
6.501 |
6.645 |
0.151 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
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) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
0.000 |
10.720 |
0.020 |
|
(c) Other current
liabilities |
13.741 |
0.000 |
0.000 |
|
(d) Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total Current Liabilities
(4) |
13.741 |
10.720 |
0.020 |
|
|
|
|
|
|
TOTAL |
20.242 |
17.365 |
0.171 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
13.269 |
0.000 |
0.000 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
0.000 |
0.000 |
0.000 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
(e) Other Non-current
assets |
5.053 |
0.000 |
0.000 |
|
Total Non-Current Assets |
18.322 |
0.000 |
0.000 |
|
|
|
|
|
|
(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 |
17.194 |
0.000 |
|
(d) Cash and cash
equivalents |
0.066 |
0.171 |
0.171 |
|
(e) Short-term loans and
advances |
0.000 |
0.000 |
0.000 |
|
(f) Other current assets |
1.854 |
0.000 |
0.000 |
|
Total Current Assets |
1.920 |
17.365 |
0.171 |
|
|
|
|
|
|
TOTAL |
20.242 |
17.365 |
0.171 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
1.203 |
0.000 |
0.000 |
|
|
Other Income |
0.020 |
0.000 |
0.000 |
|
|
TOTAL |
1.223 |
0.000 |
0.000 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of goods sold |
0.490 |
0.000 |
0.000 |
|
|
Direct expenses |
0.639 |
0.000 |
0.000 |
|
|
Other expenses |
0.071 |
0.001 |
0.000 |
|
|
TOTAL |
1.200 |
0.001 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
0.023 |
(0.001) |
0.000 |
|
|
|
|
|
|
|
Less |
TAX |
0.007 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
0.016 |
(0.001) |
0.000 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.68 |
0.62 |
0.12 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
2.11 |
1.61 |
0.13 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
2.04 |
0.00 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
1.33 |
0.00 |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
0.08 |
(0.01) |
0.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
0.25 |
(0.02) |
0.00 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
0.14 |
1.62 |
8.55 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.14 |
1.62 |
8.55 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.32 |
0.38 |
0.88 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
0.14 |
1.62 |
8.55 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Partner’s contribution |
1.000 |
1.000 |
1.000 |
|
Partner’s current account |
(0.849) |
5.645 |
5.501 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
0.151 |
6.645 |
6.501 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity ratio |
0.000 |
0.000 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales
|
0.000 |
0.000 |
1.203 |
|
|
|
|
|
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales
|
0.000 |
0.000 |
1.203 |
|
Profit |
0.000 |
(0.001) |
0.016 |
|
|
|
|
1.33% |
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 |
Yes |
|
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 |
Yes |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
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 |
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 |
INDEX OF CHARGE: 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 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 65.05 |
|
|
1 |
INR 90.41 |
|
Euro |
1 |
INR 79.83 |
INFORMATION DETAILS
|
Information
Gathered by : |
SAV |
|
|
|
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
KVT |
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.