|
|
|
MIRA INFORM REPORT
|
Report No. : |
481365 |
|
Report Date : |
04.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
NORELL |
|
|
|
|
Registered
Office : |
105, Defence Apartment, Near Inder Enclave, New Rohtak Road, New Delhi
– 110096 |
|
Mobile No.: |
91-120-4008888 |
|
Website : |
Not Available |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
20.05.2005 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 1292.716 Lacs |
|
|
|
|
IEC No.: |
Not Applicable |
|
|
|
|
TIN No.: |
05005875412 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAFFN3981L |
|
|
|
|
GSTIN No.: |
05AAFFN3981L1ZX |
|
|
|
|
Shop &
Establishment Certificate No. |
-- |
|
|
|
|
EM Part II: |
0505020132 |
|
|
|
|
Udyog Aadhar
No.: |
-- |
|
|
|
|
Legal Form : |
Partnership Concern with an unlimited liability of the partners |
|
|
|
|
Line of Business
: |
Manufacturing
of LED Lights. |
|
|
|
|
No. of Employees
: |
60 (Approximately) |
RATING & COMMENTS
|
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 |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Norell is a partnership firm established in the year 2005. It is engaged in manufacturing of LED Lights. For the financial year 2017, the revenue of the firm has decreased by 41.47% but has managed to maintain low profit margin of 0.42%. The moderate financial profile of the firm marked by average capital base along with low liquidity position. Business is active. Payments are reported to be slow. In view of aforesaid, the firm can be considered for business dealings with some caution. Note: Site Visit was conducted at the address (E-26, UPSIDC, Industrial Area, Selaqui, Dehradun) and our executive has successfully traced the subject. During the site visit our executive also enquired with Mr. Shankar Raman (Beam Co. Private Limited) and Mr. Daljeet Singh (Amber Co. Private Limited) they confirmed that subject is situated at the premises. As per our executive’s observation, it is a 1 storey building and entire premises belongs to the subject. Location was easy to find and locality appears to be industrial. Area seems to be neutral. Total area of premises is 19,404 (SQ FT) and 50 employees were sighted at the premises. Name board of the subject was sighted. |
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
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 04.01.2018
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. Rakesh Krishna Kanta Mishra |
|
Designation : |
Vice Precedent (Finance and Accounts) |
|
Contact No.: |
91-9810002662 |
|
Date : |
01.01.2018 |
LOCATIONS
|
Registered Office : |
105, Defence Apartment, Near Inder Enclave, New Rohtak Road, New Delhi
– 110096, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9810002662 [Mr. Rakesh Mishra] 91-9999925037 [Mr. Anadi Padhy] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
|
|
|
Head Office : |
A-111, Sector – 65, Noida – 201301, Uttar
Pradesh, India |
|
Tel No.: |
91-120-4008888 |
|
|
|
|
Factory : |
E-26, UPSIDC, Industrial Estate, Selaqui, Dehradun – 248197, Uttarakhand, India |
|
Tel No.: |
91-135-2699197/ 198 |
|
Fax No.: |
91-135-2699199 |
|
Area : |
19404 Sq. Ft. [As Per Site Visit] |
|
Locality : |
Industrial [As Per Site Visit] |
PARTNERS
|
Name : |
Mr. Arun Anand Gupta |
|
Designation : |
Partner |
|
Address : |
Villa No.2, A T S Greens Village, Sector – 93/A, Gautam Buddha Nagar, Maharishi
Nagar, Noida - 201304, Uttar Pradesh,
India |
|
Date of Birth/Age : |
21.12.1961 |
|
Tel No.: |
91-120-4008899 |
|
Mobile No.: |
91-9810035762 |
|
Email: |
|
|
Aadhar No.: |
5354 1077 2659 |
|
PAN No.: |
AAKPG2685D |
|
|
|
|
Name : |
Mr. Praveen Anand Gupta |
|
Designation : |
Partner |
|
Address : |
C-PH2, Pearls Gateway Tower, Plot No. D8A, Sector-44, Gautam Buddha
Nagar, Noida – 201301, Uttar Pradesh, India |
|
Date of Birth/Age : |
29.02.1968 |
|
Email: |
|
|
Tel No.: |
91-120-4008800 |
|
Mobile No.: |
91-9810011899 |
|
Aadhar No.: |
4266 2197 0177 |
|
PAN No.: |
ACVPG7962L |
KEY EXECUTIVES
|
Name : |
Mr. Rakesh Krishna Kanta Mishra |
|
Designation : |
Vice Precedent (Finance and Accounts) |
|
Address : |
B-403, Rosewood Apartment, Mayur Vihar Phase – 1 Extension, Delhi –
110091, India |
|
Date of Birth/Age : |
05.09.1966 |
|
Tel No.: |
91-120-4008888 |
|
Mobile No.: |
91-9810002662 |
|
Email: |
|
|
Aadhar No.: |
8144 1675 5442 |
|
PAN No.: |
AALPM8677L |
|
|
|
|
Name : |
Mr. Anadi Bipra Charan Padhy |
|
Designation : |
Assistant Manager (Finance and Accounts) |
|
Address : |
Flat No. 1203, New LIG Flats, Mayur Vihar, Phase 3, East Delhi –
110096, India |
|
Date of Birth/Age : |
19.07.1982 |
|
Tel No.: |
91-120-4008888 |
|
Mobile No.: |
91-9999925037 |
|
Email: |
|
|
Aadhar No.: |
5241 7573 7021 |
|
PAN No.: |
AOTPP7034G |
|
|
|
|
Name : |
Mr. Sheo Kant Trivedi |
|
Designation : |
Deputy Manager (Accounts) |
|
Tel. No.: |
91-135-2699197 |
|
Mobile No.: |
91-9971001310 |
|
Email: |
|
|
|
|
|
Name : |
Mr. Rajeshji Karla |
|
Designation : |
Assistant Vice President (Sales) |
|
Mobile No.: |
91-9810666558 |
DETAILS OF GROUP COMPANIES
NIL
BUSINESS DETAILS
|
Line of Business : |
Manufacturing
of LED Lights. |
|
|
|
|
Products : |
LED
Lights |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Terms : |
|
|
Selling : |
L/C, Cash and Credit |
|
|
|
|
Purchasing : |
L/C, Cash and Credit |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
Retailers, Wholesalers and End Users ·
Syska LED Lights Private Limited (Pune) ·
NTL Electronics India Limited (Roorkee) ·
R.R. Lamps (Baddi) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
60 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
Note: *Cash credit facility from bank is secured by hypothecation of raw
materials, semi-finished, finished goods and book debts of Firm. This
facility is further collaterally secured by equitable mortgage by way of
deposit of original title deeds of leasehold right of land and building at
E-26 Industrial area, Selaqui, Vikasnagar, Dehradun and hypothecation of
plant and machinery of the Firm. This loan is repayable on demand. **Term loan from SIDBI is secured by mortgage of all the immovable
properties, both present and future, owned by partner Mr. Arun Gupta situated
at Plot No. 234 in Sector 15-A, Noida. This loan is repayable in 114 monthly
installments after a moratorium of 6 months from the date of disbursement in
July 2016. This loan is secured by personal guarantee of partners Mr. Arun
Gupta and Mr. Praveen Gupta. |
|
Auditors : |
|
|
Name : |
KM and Company Chartered Accountants |
|
Address : |
62, LGF Jasola, Packet 2, New Delhi – 110025, India |
|
Tel No.: |
91-11-41027248 |
|
Membership No.: |
502221 |
LITIGATIONS
NIL
CAPITAL STRUCTURE
[INR in Lacs]
AS ON 31.03.2017
|
Partner’s Capital |
[INR in Lacs] |
|
Arun Gupta |
|
|
Opening Balance |
386.560 |
|
Add: Introduced during the year |
250.000 |
|
Less: Withdrawals during the year |
0.000 |
|
Add: Share of Profit of the current year |
4.250 |
|
Closing Balance |
640.810 |
|
|
|
|
Praveen Gupta |
|
|
Opening Balance |
345.769 |
|
Add: Introduced during the year |
335.991 |
|
Less: Withdrawals during the year |
34.177 |
|
Add: Share of Profit of the current year |
4.323 |
|
Closing Balance |
651.906 |
|
|
|
|
NTL Electronics
India Limited (upto March 24, 2017) |
|
|
Opening Balance |
1007.109 |
|
Add: Introduced during the year |
0.000 |
|
Less: Withdrawals during the year |
1013.606 |
|
Add: Share of Profit of the current year |
6.497 |
|
Closing Balance |
0.000 |
|
|
|
|
Total |
1292.716 |
FINANCIAL DATA
[all figures are
INR Lacs]
ABRIDGED
BALANCE SHEET
Note: Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partner’s Capital |
1292.716 |
1739.438 |
1202.999 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
4.114 |
4.840 |
5.695 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
1296.830 |
1744.278 |
1208.694 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
916.159 |
493.576 |
346.288 |
|
|
2] Unsecured Loans |
0.000 |
0.000 |
114.190 |
|
|
TOTAL
BORROWING |
916.159 |
493.576 |
460.478 |
|
|
DEFERRED TAX LIABILITIES |
63.001 |
64.981 |
67.387 |
|
|
|
|
|
|
|
|
TOTAL |
2275.990 |
2302.835 |
1736.559 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
371.505 |
448.026 |
462.929 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
750.000 |
750.000 |
750.000 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
769.381 |
211.144 |
150.415 |
|
|
Sundry Debtors |
535.001 |
1071.786 |
311.019 |
|
|
Cash & Bank Balances |
7.658 |
42.107 |
107.783 |
|
|
Other Current Assets |
0.427 |
0.176 |
0.317 |
|
|
Loans & Advances |
225.757 |
81.764 |
60.596 |
|
Total Current Assets |
1538.224 |
1406.977 |
630.130 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
373.491 |
241.039 |
94.313 |
|
|
Other Current Liabilities |
10.248 |
58.772 |
9.237 |
|
|
Provisions |
0.000 |
2.357 |
2.950 |
|
Total Current Liabilities |
383.739 |
302.168 |
106.500 |
|
|
Net Current
Assets |
1154.485 |
1104.809 |
523.630 |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
2275.990 |
2302.835 |
1736.559 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
3553.014 |
6071.200 |
6190.442 |
|
|
Other Income |
14.074 |
26.414 |
4.697 |
|
|
TOTAL |
3567.088 |
6097.614 |
6195.139 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Raw Materials Consumed |
2771.457 |
5043.698 |
5148.162 |
|
|
Stores and Spares
Consumed |
137.630 |
54.188 |
24.993 |
|
|
Packing Materials
Consumed |
6.173 |
78.268 |
21.257 |
|
|
(Increase)/ Decrease in
Inventories |
32.429 |
(32.604) |
108.656 |
|
|
Manufacturing Expenses |
64.649 |
177.409 |
123.503 |
|
|
Personnel Expenses |
333.887 |
505.999 |
343.994 |
|
|
Operating and Other
expenses |
66.462 |
135.924 |
88.990 |
|
|
TOTAL |
3412.687 |
5962.882 |
5859.555 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST,
TAX, DEPRECIATION AND AMORTISATION |
154.401 |
134.732 |
335.584 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
93.469 |
68.643 |
26.970 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
60.932 |
66.089 |
308.614 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
31.854 |
31.116 |
30.941 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
29.078 |
34.973 |
277.673 |
|
|
|
|
|
|
|
Less |
TAX |
14.008 |
5.424 |
74.673 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
15.070 |
29.549 |
203.000 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash (used in) operations |
(962.504) |
(542.266) |
1409.482 |
|
Net cash (used in) operating activities |
(970.817) |
(545.637) |
1323.088 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
54.96 |
64.44 |
18.34 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
6.64 |
5.66 |
19.90 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
49.19 |
17.44 |
6.69 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.20 |
0.64 |
2.23 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.42 |
0.30 |
0.72 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.49 |
0.31 |
0.31 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.71 |
0.28 |
0.38 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.30 |
0.17 |
0.18 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.29 |
0.26 |
0.38 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
1.65 |
1.96 |
12.44 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT
/ Sales) * 100) |
% |
0.42 |
0.49 |
3.28 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
0.57 |
1.13 |
11.01 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
1.16 |
1.69 |
16.79 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
4.01 |
4.66 |
2.86 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
2.00 |
3.96 |
2.17 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.49 |
0.67 |
0.66 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.71 |
0.28 |
0.38 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
4.01 |
4.66 |
2.86 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
INR Lacs]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Lacs |
INR
In Lacs |
INR
In Lacs |
|
Partner’s Capital |
1202.999 |
1739.438 |
1292.716 |
|
Reserves & Surplus |
5.695 |
4.840 |
4.114 |
|
Net
worth |
1208.694 |
1744.278 |
1296.830 |
|
|
|
|
|
|
Secured Loans |
346.288 |
493.576 |
916.159 |
|
Unsecured Loans |
114.190 |
0.000 |
0.000 |
|
Total
borrowings |
460.478 |
493.576 |
916.159 |
|
Debt/Equity
ratio |
0.381 |
0.283 |
0.706 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Lacs |
INR
In Lacs |
INR
In Lacs |
|
Sales |
6190.442 |
6071.200 |
3553.014 |
|
|
|
(1.926) |
(41.478) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Lacs |
INR
In Lacs |
INR
In Lacs |
|
Sales |
6190.442 |
6071.200 |
3553.014 |
|
Profit/ (Loss) |
203.000 |
29.549 |
15.070 |
|
|
3.28% |
0.49% |
0.42% |
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 |
Yes |
|
5 |
Buyer visit details |
Yes |
|
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 |
Yes |
|
19 |
Major customers |
Yes |
|
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 |
No |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
|
OBSERVATION POINTS |
|
Name of Company : |
NORELL |
|
|
|
|
Address : |
E-26, UPSIDC, Industrial Estate, Selaqui, Dehradun –
248197, Uttarakhand, India |
|
|
|
|
Mobile No.: |
91-9971001310 |
|
|
|
|
Person to whom we met: |
Mr. S K Trivedi |
|
|
|
|
Designation : |
Deputy Manager (Accounts) |
|
|
|
|
Name Board : |
Sighted |
|
|
|
|
Location: |
Easy |
|
|
|
|
Landmark (If Any): |
Near Amber Co. |
|
|
|
|
Total Floors of the building: |
Ground + 1 |
|
|
|
|
Subject situated on: |
Entire premises belongs to the subject |
|
|
|
|
Locality: |
Industrial |
|
|
|
|
Area of premises : |
19404 Sq. Ft. |
|
|
|
|
Area : |
Neutral |
|
|
|
|
Level of
operation : |
Medium |
|
|
|
|
Details of hypothecation signboard (If Any) (As displayed in factory /
work) |
|
|
|
|
|
No. of employees seen at premises: |
50 |
|
|
|
|
Visibility of
Items: |
·
Telephone [91-135-2699198] ·
Fax Machine ·
Telex ·
Computers ·
Air Conditioner ·
Office Equipment ·
Xerox Machine |
|
|
|
|
Furniture items
sighted : |
Yes |
|
|
|
|
Neighbour’s
interview : |
|
|
Name of Company: |
Beam Co. Private Limited |
|
Contact Person
Name: |
Mr. Shankar Raman |
|
|
|
|
Name of Company: |
Amber Co. Private Limited |
|
Contact Person
Name: |
Daljeet Singh |
|
|
|
|
Neighbour
Overview: |
Our executive enquired with Mr. Shankar Raman (Beam Co.
Private Limited) and Mr. Daljeet Singh (Amber Co. Private Limited) they
confirmed that subject is situated at the premises. |
|
|
|
|
Proof of visit: |
Photograph |
|
|
|
|
Photograph : |
Exterior with Name Board, Interior, Shop Floor, Stock etc. |
|
|
|
|
Details of the person conducting visit: |
|
|
Name: |
Satyesh Kumar |
|
Designation: |
Field Executive |
|
Contact No.: |
91-9897964247 |
PICTURES
NEIGHBOURS
FIXED ASSTES
· Land – Freehold
· Buildings
· Plant and Machinery
· Office Equipment
· Furniture and Fittings
· Electric Installation
· Computers
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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 (as on
04.01.2018 (date of report) :
No press reports / filings exists on
the subject.
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
VRS |
|
|
|
|
Report Prepared
by : |
GEET |
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 |
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.
·