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|
MIRA INFORM REPORT
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Report No. : |
482211 |
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Report Date : |
08.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
ALWAR PIGMENTS PRIVATE LIMITED |
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Registered
Office : |
52-A, Gokhlay Market, Opposite TIS Hazari Court, Gate No.05, Delhi-110054 |
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Tel No.: |
91-11-43502355 / 42502355 |
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Website : |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
26.10.2007 |
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Com. Reg. No.: |
55-169923 |
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Capital Investment
/ Paid-up Capital : |
INR 11.095 Lacs |
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CIN No.: [Company Identification
No.] |
U74900DL2007PTC169923 |
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IEC No.: |
Not Applicable |
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GSTIN / Central Sales Tax/ Value Added Tax Registration Number : |
07AAGCA6066R1Z1/ 08AAGCA6066R1ZZ |
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TIN /CST No.: |
07430435911 / 08640854625 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
DELA22894E |
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PAN No.: [Permanent Account No.] |
AAGCA6066R |
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SSI
Reg. No.: |
-- |
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Shop &
Establishment Certificate No.: |
Not Divulged |
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Udyog Aadhar
No.: |
RJ02B0008790 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
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No. of Employees
: |
29 (Approximately) |
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 |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 2007 and it is a manufacturer of lead, lead alloys, lead oxides, red lead and litharge. As per financials of March 2017, the company has registered growth of 4.26% in its revenue as compared to its previous year’s revenue and has reported minimal profit margin of 0.81%. Rating takes into consideration the company’s satisfactory track record of business operations marked by sound net worth base along with average debt coverage indicators and decent liquidity position. Further, the company has reported a good earnings per share of INR 13.81 against its face value of INR 10. Payments terms are reported to be usually correct. In view of aforesaid, the subject can be considered for business dealings at usual trade terms and conditions. Note: Site visit was conducted at the factory address (812/G-21-22, RIICO Industrial Area, Phase-III, Samtal Zone, Bhiwadi, District- Alwar-301019, Rajasthan, India) of the subject. Our executive has successfully traced the subject at the address. At the premises, our executive had met Mr. Vimal Kumar Jain (COO) and he provided his contact details (09350551272). As per our executive’s observation, it is a shed type premises and area of the premises is 1,000 SQ Meters. Location is very difficult to find and locality seems to be industrial. Area seems to be neutral and 10 employees were sighted at the premises. Name board of the subject was sighted at the factory address. |
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
|
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 08.01.2018
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. Vimal Kumar Jain |
|
Designation : |
Chief Operating Officer |
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Contact No.: |
91-9350551272 |
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|
|
|
Name : |
Mr. Abhishek Aggarwal |
|
Designation : |
Director |
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Contact No.: |
91-9971712896 |
|
Date : |
06.01.2018 |
LOCATIONS
|
Registered Office/Corporate Office : |
52-A, Gokhlay Market, Opposite TIS Hazari Court, Gate No.05, Delhi-110054, India |
|
Tel. No.: |
91-11-43502355 / 42502355 |
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Mobile No.: |
91-9350551272 (Mr. Vimal Kumar Jain) 91-9971712896 (Mr. Abhishek Aggarwal) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Factory: |
812/G-21-22, RIICO Industrial Area, Phase-III, Samtal Zone, Bhiwadi, District- Alwar-301019, Rajasthan, India |
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Area: |
1000 Sq. Meters (As per site visit) |
|
Locality: |
Industrial (As per site visit) |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Abhishek Madan Mohan Aggarwal |
|
Designation : |
Director |
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Address : |
KL – 24, Kavi Nagar, Ghaziabad -201002, Uttar Pradesh, India |
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Date of Birth/Age : |
19.01.1981 |
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Mobile No.: |
91-9971712896 |
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Date of Appointment : |
26.10.2007 |
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Aadhar Card No.: |
5887 6810 9023 |
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E-Mail : |
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PAN No.: |
AFAPA4041E |
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DIN No.: |
01217015 |
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Name : |
Mr. Madan Mohan Kalyandas Agarwal |
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Designation : |
Director |
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Address : |
KL – 24, Kavi Nagar, Ghaziabad -201002, Uttar Pradesh, India |
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Date of Birth/Age : |
22.07.1950 |
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Mobile No.: |
91-9312875326 |
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Date of Appointment : |
26.10.2007 |
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Aadhar Card No.: |
5620 4134 5002 |
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PAN No.: |
ABYPA7067J |
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DIN No.: |
01496612 |
KEY EXECUTIVES
|
Name : |
Mr. Vimal Kumar Jain |
|
Designation : |
Chief Operating Officer |
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Address: |
8/11, Gul Mohar Road, Shipra Sun City, Indirapuram, Ghaziabad -201014, Uttar Pradesh, India |
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Date of Birth/Age: |
20.09.1960 |
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Mobile No.: |
91-9350551272 |
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Email: |
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Aadhar Card No.: |
2347 0455 0367 |
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PAN No.: |
ACRPJ0364K |
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Name : |
Mr. Kanhaiya Lal Verma |
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Designation : |
Accountant |
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Address: |
Chowk, Bara Garha, Ballia – 277 001, Uttar Pradesh, India |
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Date of Birth: |
02.07.1981 |
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Mobile No.: |
91-9711912093 |
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Email: |
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Aadhar Card No.: |
4987 9288 3960 |
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PAN No.: |
AFUPV6212L |
MAJOR SHAREHOLDERS
AS ON 31.03.2017
|
Names of Shareholders |
No. of Shares |
%age |
|
Madan Mohan Agarwal |
7000 |
6.31 |
|
Sunitha Aggarwal |
6500 |
5.86 |
|
Abhishek Aggarwal |
97450 |
87.83 |
|
Total |
110950 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
AS ON 27.09.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
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Line of Business
: |
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Products / Services
: |
· Lead · Lead Alloys · Lead Oxides · Red Lead ·
Litharge |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
L/C, Credit (7 to 30 Days) and RTGS |
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Purchasing : |
L/C, Credit (7 to 30 Days) and RTGS |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
·
Kaysons Segments ·
Kay Gee Metal Alloy ·
Shree Krishna Alloy |
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Customers : |
Manufacturers · Livguard Batteries Private Limited, Solan (Himachal Pradesh) · Unique Energos Private Limited, Yamuna Nagar (Haryana) · Fujikawa Power, Solan (Himachal Pradesh) |
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No. of Employees : |
29 (Approximately) |
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Bankers : |
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Facilities : |
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Auditors : |
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Name : |
Maheshwari Tarun and Associates Chartered Accountants |
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Address : |
D-85, Shyam Park Extension, Opposite Chandar Park, Sahibabad,
Ghaziabad-201005, Uttar Pradesh, India |
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Mobile No.: |
91-9911376725 |
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Email: |
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Memberships No.: |
505353 |
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Name : |
DSM and Associates Chartered Accountants |
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Address : |
210, Jagdamba Tower, 13, Preet Vihar Commercial Complex, Delhi-110092,
India |
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Tel. No.: |
91-11-42421121, 64512900 |
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Income-tax
PAN of auditor or auditor's firm : |
AAAFM5257F |
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Memberships No.: |
091383 |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
250000 |
Equity Shares |
INR 10/- each |
INR 25.000 Lacs |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
110950 |
Equity Shares |
INR 10/- each |
INR 11.095 Lacs |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Lacs]
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
11.095 |
11.095 |
11.095 |
|
(b) Reserves & Surplus |
158.061 |
143.791 |
128.891 |
|
(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) |
169.156 |
154.886 |
139.986 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
159.385 |
179.976 |
190.817 |
|
(b) Deferred tax liabilities
(Net) |
0.368 |
0.381 |
0.558 |
|
(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) |
159.753 |
180.357 |
191.375 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
271.567 |
297.230 |
147.826 |
|
(b) Trade payables |
177.505 |
394.663 |
295.077 |
|
(c) Other current liabilities |
25.078 |
34.156 |
32.241 |
|
(d) Short-term provisions |
7.849 |
6.840 |
9.191 |
|
Total
Current Liabilities (4) |
481.999 |
732.889 |
484.335 |
|
|
|
|
|
|
TOTAL |
810.908 |
1068.132 |
815.696 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
133.824 |
144.284 |
141.526 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
133.824 |
144.284 |
141.526 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
255.367 |
329.295 |
262.723 |
|
(c) Trade receivables |
313.209 |
508.520 |
361.061 |
|
(d) Cash and cash equivalents |
12.277 |
1.137 |
2.306 |
|
(e) Short-term loans and
advances |
86.920 |
77.315 |
41.202 |
|
(f) Other current assets |
9.311 |
7.581 |
6.878 |
|
Total
Current Assets |
677.084 |
923.848 |
674.170 |
|
|
|
|
|
|
TOTAL |
810.908 |
1068.132 |
815.696 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
1880.571 |
1803.818 |
2222.241 |
|
|
Other Income |
32.656 |
11.368 |
1.490 |
|
|
TOTAL |
1913.227 |
1815.186 |
2223.731 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
1696.360 |
1761.862 |
2107.536 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
73.928 |
(66.572) |
(0.503) |
|
|
Employees benefits
expense |
38.021 |
21.386 |
21.365 |
|
|
Other administrative
expenses |
32.287 |
26.912 |
31.213 |
|
|
TOTAL |
1840.596 |
1743.588 |
2159.611 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
72.631 |
71.598 |
64.120 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
35.796 |
35.672 |
21.095 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
36.835 |
35.926 |
43.025 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
13.678 |
14.363 |
13.519 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
23.157 |
21.563 |
29.506 |
|
|
|
|
|
|
|
Less |
TAX |
7.835 |
6.663 |
9.513 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
15.322 |
14.900 |
19.993 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
13.81 |
13.43 |
18.02 |
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 generated from operations |
102.565 |
(78.247) |
(64.083) |
|
Net cash flows from (used in) operations |
95.725 |
(87.438) |
(66.686) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
60.79 |
102.90 |
59.30 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
6.00 |
3.55 |
6.15 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
38.19 |
81.76 |
51.10 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.28 |
0.22 |
0.24 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.54 |
0.50 |
0.45 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets) |
0.79 |
0.85 |
0.83 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
2.55 |
3.08 |
2.42 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
2.85 |
4.73 |
3.46 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.79 |
0.93 |
1.01 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
2.03 |
2.01 |
3.04 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
0.81 |
0.83 |
0.90 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
1.89 |
1.39 |
2.45 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
9.06 |
9.62 |
14.28 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.40 |
1.26 |
1.39 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current Liabilities) |
0.87 |
0.81 |
0.85 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.21 |
0.15 |
0.17 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
38.84 |
43.01 |
30.52 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.40 |
1.26 |
1.39 |
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) |
|
Share Capital |
11.095 |
11.095 |
11.095 |
|
Reserves & Surplus |
128.891 |
143.791 |
158.061 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
139.986 |
154.886 |
169.156 |
|
|
|
|
|
|
long-term borrowings |
190.817 |
179.976 |
159.385 |
|
Short term borrowings |
147.826 |
297.230 |
271.567 |
|
Total
borrowings |
338.643 |
477.206 |
430.952 |
|
Debt/Equity
ratio |
2.419 |
3.081 |
2.548 |
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 |
2222.241 |
1803.818 |
1880.571 |
|
|
|
(18.829) |
4.255 |
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 |
2222.241 |
1803.818 |
1880.571 |
|
Profit |
19.993 |
14.900 |
15.322 |
|
|
0.90% |
0.83% |
0.81% |
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 |
Yes |
|
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 |
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: |
22.12.2016 |
Expiry Date: |
21.12.2019 |
OBSERVATION POINT
|
Name of Company : |
ALWAR PIGMENTS PRIVATE LIMITED |
|
|
|
|
Address : |
812/G-21-22, RIICO Industrial Area, Phase-III, Samtal Zone, Bhiwadi, District- Alwar-301019, Rajasthan, India |
|
|
|
|
Person to whom we met: |
Mr. Vimal Kumar Jain |
|
|
|
|
Designation : |
Chief Operating Officer |
|
|
|
|
Contact No.: |
91-9350551272 |
|
|
|
|
Name Board : |
Sighted |
|
|
|
|
Location: |
Very Difficult |
|
|
|
|
Landmark (If Any): |
RIICO Industrial Area |
|
|
|
|
Total Floors of the building: |
Shed Type Premises |
|
|
|
|
Locality: |
Industrial |
|
|
|
|
Area of premises : |
1000 Sq. Meters |
|
|
|
|
Area : |
Neutral |
|
|
|
|
Level of
operation : |
Medium |
|
|
|
|
DETAILS OF HYPOTHECATION SIGNBOARD (IF ANY) (AS DISPLAYED IN FACTORY /
WORK) : |
|
|
|
|
|
No. of employees seen at premises: |
10 |
|
|
|
|
Visibility of
Items: |
|
|
|
|
|
Furniture Items
Sighted: |
Yes |
|
|
|
|
Neighbour’s
interview : |
|
|
|
|
|
Proof of visit: |
Photograph |
|
|
|
|
Photographs: |
Exterior with Name Board/ Interior / Shop Floor/ Stock etc. |
|
|
|
|
Details of the person conducting visit: |
Name: Pankaj Kumar
Meena Contact No.: 91-8696885663 Designation:
Field Executive |
PICTURES
NEIGHBOURS
BRIEF DESCRIPTION
OF THE COMPANY’S WORKING DURING THE YEAR/STATE OF COMPANY‘S AFFAIR AND PLANS
In rapidly changing global business scenario wherein business has become
very competitive and highly specialized,
the board of directors are taking all necessary steps to make the company grow
and to take next higher level. This will require the cooperation of every
stakeholders to be with the company. The company has taken various decision to
cope up with the challenges of the Lead industry. The company intends to induct
multi-disciplinary and multi-talented leadership further which will assist to
company to grow fast top level task force which will assist the company to grow
fast.
UNSECURED LOAN
|
PARTICULAR |
31.03.2017 (INR
in Lacs) |
31.03.2016 (INR
in Lacs) |
|
Long-term
Borrowings |
|
|
|
Loans from
Directors |
|
|
|
Abhishek Madan Mohan Aggarwal |
80.842 |
75.452 |
|
Mr. Madan Mohan Kalyandas Agarwal |
47.810 |
39.811 |
|
Indiabulls Housing Finance Limited |
0.000 |
12.866 |
|
Capital First |
30.733 |
51.847 |
|
Total |
159.385 |
179.976 |
INDEX
OF CHARGES
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
G72729064 |
10575161 |
The Hongkong and Shanghai Banking Corporation Limited |
19/05/2015 |
29/12/2017 |
- |
70000000.0 |
25, BIRLA TOWER BARAKHAMBA ROAD, NEW DELHI-110001, INDIA |
|
2 |
C61028676 |
10229828 |
LAKSHMI VILAS BANK LIMITED |
30/06/2010 |
19/11/2014 |
13/07/2015 |
15000000.0 |
SALEM ROAD KATHAPARAI, KARUR-639006, TAMILNADU, INDIA |
FIXED ASSETS
Tangible assets
·
Land
·
Building
·
Mobile Phone
·
Air Conditioner
·
Plant and Equipment
·
Furniture’s and Fixtures
·
Computer
·
Vehicle
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 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
08.01.2018) (date of report):
No press reports / filings exists on
the subject.
INFORMATION DETAILS
|
Information
Gathered by : |
SUV |
|
Analysis Done by
: |
VIV |
|
Report Prepared
by : |
RKI |
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
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.
·