|
|
|
MIRA INFORM REPORT
|
Report No. : |
482222 |
|
Report Date : |
09.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
PAUL GLOBAL ENTERPRISES |
|
|
|
|
Registered
Office : |
Plot No.1, Dharam Kanta Road, NIT, Mujessar, Faridabad – 121005, Haryana |
|
Tel. No.: |
91-129-4038888 |
|
Website : |
Not Available |
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|
|
|
Country : |
India |
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|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
25.12.2009 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 18.561 Lacs |
|
|
|
|
IEC No.: |
0516950941 |
|
|
|
|
TIN No.: |
06191331709 |
|
|
|
|
PAN No.: [Permanent Account No.] |
BCVPP9257N |
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|
|
|
GSTIN : |
24BCVPP9257N1ZG 06BCVPP9257N1ZE |
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|
|
|
Shop &
Establishment Certificate No. |
-- |
|
|
|
|
Udyog Aadhar
No.: |
HR03B0007001 |
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|
|
|
Legal Form : |
Sole Proprietary Concern |
|
|
|
|
Line of Business
: |
Manufacturing
and Exporting of Sheet Metal Component. |
|
|
|
|
No. of Employees
: |
70 (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 |
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|
|
|
Payment Behaviour : |
Slow but correct |
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|
|
Litigation : |
Clear |
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|
|
Comments : |
Subject is a proprietorship concern established in the year 2009 having moderate track record. It is engaged as manufacturer and exporter of sheet metal component. As per the available financials of 2017, the concern has achieved decent growth in its sales turnover but has reported thin profit margin during the year. The company possesses moderate financial risk profile marked by modest capital base along with unfavourable gap between trade payables and trade receivables. Rating further gets constrained on account of excess borrowing recorded by the firm along with highly fragmented industry with presence of other large players and unorganized sector marked by profit margins exposed to fluctuations in the input prices. However, Business is active Payments are reported to be slow but correct. In view of aforesaid, the concern can be considered for business dealing with some caution. Note: Site visit was conducted on the registered cum factory address (Plot No.1, Dharam Kanta Road, NIT, Mujessar, Faridabad – 121005, Haryana, India) and our executive have successfully traced the subject. At the premises our executive met Mr. Nimit Naresh Paul (Proprietor). As per our executive observation, it is 2 storey building and the whole building belongs to the subject and the area of the premises is 12,000 SQ.FT. Location is difficult to find near “Civil Dispensary” as a landmark. Locality seems to be industrial and area near the premises appears to be downmarket. Further, our executive have sighted 70 employees at the premises along with some office items such as telephone, computer, air conditioner, Xerox machine as well as furniture items Even, the name board of the subject was sighted at the address. On enquiry with Mr. Om Pal (Security Guard) from “Nimex International Private Limited” and Mr. Rajan Singh (Security Guard) from “Wapi Precise” both the persons from neighbouring companies confirmed the existence of the subject. |
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 09.01.2018
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. Nimit Naresh Paul |
|
Designation : |
Proprietor |
|
Contact No.: |
91-9811520250 |
|
Date : |
05.01.2018 |
LOCATIONS
|
Registered Office / Factory : |
Plot No.1, Dharam Kanta Road, NIT, Mujessar, Faridabad – 121005, Haryana, India |
|
Tel. No.: |
91-129-4038888, 4028888 |
|
Mobile No.: |
91-9811520250 (Mr. Nimit Naresh Paul) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area : |
12000 Sq. ft. (As per site visit) |
|
Locality : |
Industrial (As per site visit) |
|
|
|
|
Division : |
Plot No.19, Survey No.376, Kadi GIDC, Village, Budasan, Mehsana, Ahmedabad-382728, Gujarat, India |
SOLE PROPRIETOR
|
Name : |
Mr. Nimit Naresh Paul |
|
Designation : |
Proprietor |
|
Address : |
House No.250, Sector – 15, Escortnagar, Faridabad – 121007, Haryana,
India |
|
Date of Birth/Age : |
09.09.1985 |
|
Aadhar No.: |
2673 7092 8198 |
|
PAN No.: |
BCVPP9257N |
|
Mobile No.: |
91-9811520250 |
|
Email : |
KEY EXECUTIVE
|
Name : |
Mr. Gaurav Paul |
|
Designation : |
Key Executive |
|
Address : |
Mehsana – 382728, Gujarat, India |
|
Mobile No.: |
91-7465840397 |
DETAILS OF GROUP COMPANIES
NIL
BUSINESS DETAILS
|
Line of Business : |
Manufacturing
and Exporting of Sheet Metal Component. |
|
|
|
|
Products : |
Sheet
Metal Component |
|
|
|
|
Agencies Held : |
-- |
|
|
|
|
Exports : |
Not Available |
|
|
|
|
Imports : |
Not Available |
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|
|
|
Terms : |
|
|
Selling : |
Cash, Credit |
|
|
|
|
Purchasing : |
Cash, Credit |
GENERAL INFORMATION
|
Suppliers : |
· Marble Machine Tools Private Limited |
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|
||||||||||||||||||||||
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Customers : |
Retailers, Wholesalers and End Users · Badve Autotech Private Limited, Mehsana · Minda Industries Limited, Gurugram · Anu Industries Limited, Gurugram |
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No. of Employees : |
70 (Approximately) |
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Bankers : |
|
||||||||||||||||||||||
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||||||||||||||||||||||
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Facilities : |
|
|
Auditors : |
|
|
Name : |
J S R P and Associates Chartered Accountants |
|
Address : |
B-486, 2nd Floor, Nehru Ground, NIT, Faridabad-121001, Haryana, India |
|
Tel No.: |
91-129-4019177 |
|
Mobile No.: |
91-9910026120 |
|
Membership No.: |
514965 |
LITIGATIONS
NIL
CAPITAL STRUCTURE
[INR in Lacs]
As on 31.03.2017
|
Capital Account |
[INR in Lacs] |
|
Nimit Naresh Paul |
|
|
Opening Balance |
8.684 |
|
Add : Addition During the year |
5.000 |
|
Add : Profit and Loss During the year |
7.300 |
|
Less : Drawing |
(2.423) |
|
Total |
18.561 |
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 |
|
|
EQUITY AND LIABILITIES |
|
|
|
|
|
1] Proprietor’s Capital |
18.561 |
8.685 |
6.457 |
|
|
2] Share Application Money |
0.000 |
0.000 |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
4] (Accumulated Losses) |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
18.561 |
8.685 |
6.457 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
113.088 |
84.725 |
9.216 |
|
|
2] Unsecured Loans |
0.000 |
8.529 |
6.879 |
|
|
TOTAL BORROWING |
113.088 |
93.254 |
16.095 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
131.649 |
101.939 |
22.552 |
|
|
|
|
|
|
|
|
APPLICATION OF FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
131.695 |
36.005 |
27.218 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
40.803 |
31.620 |
6.838 |
|
|
Sundry Debtors |
37.124 |
70.663 |
35.923 |
|
|
Cash & Bank Balances |
48.184 |
10.000 |
2.626 |
|
|
Other Current Assets |
0.000 |
0.063 |
0.671 |
|
|
Loans, Advances & Deposits |
59.019 |
35.532 |
8.301 |
|
Total Current Assets |
185.130 |
147.878 |
54.359 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
168.749 |
75.605 |
56.884 |
|
|
Other Current Liabilities |
|
1.548 |
0.586 |
|
|
Provisions |
|
4.791 |
1.555 |
|
Total Current Liabilities |
185.176 |
81.944 |
59.025 |
|
|
Net Current
Assets |
(0.046) |
65.934 |
(4.666) |
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
131.649 |
101.939 |
22.552 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2017 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
|
|
735.741 |
|
|
|
Other Income |
|
|
5.441 |
|
|
|
TOTAL |
|
|
741.182 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Goods Sold |
|
|
607.991 |
|
|
|
Cartage Inward |
|
|
1.263 |
|
|
|
Store and Spare consumable |
|
|
0.523 |
|
|
|
Job Work Paid |
|
|
28.809 |
|
|
|
Accounting Charges |
|
|
0.525 |
|
|
|
Audit Fees |
|
|
0.150 |
|
|
|
Business and Sales Promotion |
|
|
1.170 |
|
|
|
Cess Expenses |
|
|
0.056 |
|
|
|
Couslutation Charges |
|
|
0.095 |
|
|
|
Courier Charges |
|
|
0.041 |
|
|
|
Cutting Charges |
|
|
0.643 |
|
|
|
Electrical Expenses |
|
|
18.006 |
|
|
|
Employer Cont. ESIC |
|
|
0.296 |
|
|
|
Employer Cont. EPF |
|
|
0.843 |
|
|
|
Employer Contribution to welfare fund |
|
|
0.022 |
|
|
|
Freight Outward |
|
|
1.169 |
|
|
|
Generator Running Expenses |
|
|
1.569 |
|
|
|
Loading and unloading expenses |
|
|
1.091 |
|
|
|
Misc. Expenses |
|
|
0.323 |
|
|
|
Office Expenses |
|
|
0.063 |
|
|
|
Printing and Stationery |
|
|
0.179 |
|
|
|
Professional Fees |
|
|
0.136 |
|
|
|
Rent Paid |
|
|
3.574 |
|
|
|
Repair and Maintenances |
|
|
4.716 |
|
|
|
Salary expenses |
|
|
3.142 |
|
|
|
Security Charges |
|
|
0.027 |
|
|
|
Rebate and Discount |
|
|
9.487 |
|
|
|
Staff welfare expenses |
|
|
0.861 |
|
|
|
Insurance Expenses |
|
|
0.138 |
|
|
|
Telephone Expenses |
|
|
0.969 |
|
|
|
Tour and Travelling Expenses |
|
|
1.293 |
|
|
|
Vehicles Running and Maintance |
|
|
1.876 |
|
|
|
Wages (Worker) |
|
|
23.560 |
|
|
|
Worker welfare expenses |
|
|
0.254 |
|
|
|
TOTAL
|
|
|
714.860 |
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE
INTEREST, DEPRECIATION AND AMORTISATION |
|
|
26.322 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
|
2.635 |
|
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE, DEPRECIATION AND AMORTISATION |
|
|
23.687 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION |
|
|
16.387 |
|
|
|
|
|
|
|
|
|
|
NET PROFIT/ (LOSS) |
|
|
7.300 |
|
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Turnover |
|
419.866 |
259.117 |
|
|
Other Income |
|
0.000 |
0.000 |
|
|
TOTAL
|
|
419.866 |
259.117 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Manufacturing Expenses |
|
388.020 |
243.896 |
|
|
Variation in Stock |
|
(24.782) |
(5.203) |
|
|
Administrative Expenses |
|
29.244 |
3.739 |
|
|
Selling Expenses |
|
15.902 |
8.287 |
|
|
TOTAL |
|
408.384 |
250.719 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
11.482 |
8.398 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
1.559 |
1.902 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
9.923 |
6.496 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
|
5.388 |
3.702 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
|
4.535 |
2.794 |
|
|
|
|
|
|
|
Less |
TAX |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
|
4.535 |
2.794 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
18.42 |
61.43 |
50.60 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
19.82 |
5.94 |
7.21 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
101.31 |
75.97 |
86.98 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.65 |
0.36 |
1.23 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.20 |
0.32 |
0.31 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.94 |
0.95 |
0.92 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
6.09 |
10.74 |
2.49 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
9.98 |
10.42 |
10.21 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
7.10 |
4.15 |
4.22 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
9.99 |
7.36 |
4.42 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT
/ Sales) * 100) |
% |
0.99 |
1.08 |
1.08 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
2.30 |
2.47 |
3.42 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
39.33 |
52.22 |
43.27 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.00 |
1.63 |
0.82 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
0.78 |
1.29 |
0.72 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.06 |
0.05 |
0.08 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
6.09 |
10.74 |
2.49 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.00 |
1.63 |
0.82 |
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 |
|
Proprietor’s Capital |
6.457 |
8.685 |
18.561 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Net
worth |
6.457 |
8.685 |
18.561 |
|
|
|
|
|
|
Secured Loans |
9.216 |
84.725 |
113.088 |
|
Unsecured Loans |
6.879 |
8.529 |
0.000 |
|
Total
borrowings |
16.095 |
93.254 |
113.088 |
|
Debt/Equity
ratio |
2.493 |
10.737 |
6.093 |
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 |
259.117 |
419.866 |
735.741 |
|
|
|
62.037 |
75.232 |
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 |
259.117 |
419.866 |
735.741 |
|
Profit/ (Loss) |
2.794 |
4.535 |
7.300 |
|
|
1.08% |
1.08% |
0.99% |
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 |
ISO CERTIFICATES:
|
No: |
ISO 9001:2015 |
Start Date: |
04.02.2014 |
Expiry Date: |
03.02.2017 |
|
OBSERVATION POINTS |
|
Name of Company : |
PAUL GLOBAL ENTERPRISES |
|
|
|
|
Address : |
Plot No.1, Dharam Kanta Road, NIT, Mujessar, Faridabad – 121005, Haryana, India |
|
|
|
|
Person to whom we met: |
Mr. Nimit Naresh Paul |
|
|
|
|
Designation : |
Proprietor |
|
|
|
|
Mobile No.: |
91-9811520250 |
|
|
|
|
Email : |
|
|
|
|
|
Name Board : |
Sighted |
|
|
|
|
Location: |
Difficult |
|
|
|
|
Landmark (If Any): |
Near Civil Dispensary |
|
|
|
|
Total Floors of the building: |
2 |
|
|
|
|
Subject situated on: |
Whole building belongs to the subject |
|
|
|
|
Locality: |
Industrial |
|
|
|
|
Area of premises : |
12000 Sq. ft. |
|
|
|
|
Area : |
Downmarket |
|
|
|
|
Level of
operation : |
Medium |
|
|
|
|
Details of hypothecation signboard (If Any) (As displayed in factory /
work) : |
No |
|
|
|
|
No. of employees seen at premises: |
70 |
|
|
|
|
Visibility of
Items: |
·
Telephone ·
Computers ·
Air Conditioner ·
Office Equipment ·
Xerox Machine |
|
|
|
|
Furniture items
sighted : |
Yes |
|
|
|
|
Neighbour’s
interview : |
Name of company : Nimex International Private Limited Contact Person Name : Mr. Om Pal (Security Guard) (Unit- II, Plot No.1) Neighbour’s Overview : Existence Confirmed Name of company : Wapi Precise Contact Person Name : Mr. Rajan Singh (Security Guard) Neighbour’s Overview : Existence Confirmed |
|
|
|
|
Proof of visit: |
Photographs Photographs: Exterior with name board / Interior / Shop Floor / Stock etc. |
|
|
|
|
Details of the person conducting visit: |
Mr. Shyam Chandra Designation : Field Executive Contact No.: 91-9953458065 |
PICTURES
NEIGHBOURS
UNSECURED LOAN
|
Particulars |
31.03.2017 (INR
in Lacs) |
31.03.2016 (INR
in Lacs) |
|
Naresh Paul |
0.000 |
8.529 |
|
Total |
0.000 |
8.529 |
FIXED ASSETS
· Welding Machine
· Power Press
· Car
· CCTV Camera
· ABB 7.5 HP Motor
· Computer
· Manual Stacker Godrej
· Plant Fan
· Milling Machine
· TVS Machine
· SPM Machine
· RO
· Plant and Machinery
· Air Condition
· Air Compressor
· Generator
· Lifter
· Generator
· Pannel
· Projection Weld Machine
· Tools
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 09.01.2018
(date of report) :
No press reports / filings exists on
the subject.
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
Analysis Done by
: |
NIS |
|
Report Prepared
by : |
JYTK |
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 |
YES |
|
--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.
·