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%20-%20487261%2023-Jan-2018_files/image015.jpg){kind=small}
%20-%20487261%2023-Jan-2018_files/image016.jpg)
%20-%20487261%2023-Jan-2018_files/image018.gif)
MIRA INFORM REPORT
|
Report No. : |
487261 |
|
Report Date : |
23.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
SAI COMPUTERS LIMITED (w.e.f. 23.11.2011) SAI ELECTRICALS (A UNIT OF SAI COMPUTERS
LIMITED) |
|
|
|
|
Formerly Known
As : |
SAI
COMPUTERS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
1-E/2, Jhandewalan Extension, Link Road, New Delhi - 110065 |
|
Tel. No.: |
91-121-2762660/ 4024481/ 84 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
18.07.1984 |
|
|
|
|
Com. Reg. No.: |
55-018714 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 31.336 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1984PLC018714 |
|
|
|
|
IEC No.: |
Not Applicable [As informed by the management that firm does
not have export and import] |
|
|
|
|
TIN No.: |
09878300199 |
|
|
|
|
GST No.: |
09AACCS2787D128 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCS2787D |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
· Manufacturer and Distributor of Power Transformers, HT Automotive Voltage Regulator Specialized Transformers, etc. [Confirmed by Management] · Manufacturing and Servicing of Transformers and also Providing Electricity Billing Services. [Registered Activity] |
|
|
|
|
No. of Employees
: |
150 [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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Sai Computers Limited is a Manufacturer and Distributor of Power
Transformers, HT Automotive Voltage Regulator Specialized Transformers, etc.
The company was incorporated in the year 1984 and is based in New Delhi,
India. It is an established company having satisfactory track record. For the financial year ended 2017, the company has witnessed a healthy
growth in its revenue and has achieved fair profit margin at 2.92%
(approx..). The company possesses sound financial risk profile marked by decent net
worth base along with comfortable debt level and favorable gap between trade
payable to its trade receivables. The company also derives strength from its long standing track record
of business operations. Trade relations are reported as fair. Business is active. Payments
terms are reported to be usually correct and as per commitments. In view of the aforesaid, the company can be considered for business
dealings at usual trade terms and conditions. |
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 |
CRISIL |
|
Rating |
Long term rating (BB-) |
|
Rating Explanation |
Moderate risk of default |
|
Date |
04.01.2018 |
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 23.01.2018.
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. Girish Kumar |
|
Designation : |
Managing Director |
|
Contact No.: |
91-9878300199 |
|
Date : |
22.01.2018 |
LOCATIONS
|
Registered Office/ Factory 1 : |
1-E/2, Jhandewalan Extension, Link Road, New Delhi - 110065, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9878300199/ 8071875987 [Mr. Girish Kumar] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
Locality : |
Commercial |
|
|
|
|
Factory 2/Corporate Office : |
Sai Dham, Victoria Park, Near Jail Chungi Crossing, Meerut – 250001,
Uttar Pradesh, India |
|
Tel. No.: |
91-121-4024482 / 4024483/ 2762660/ 4024481/ 84 |
|
Fax No.: |
91-121-2760075 |
|
Area : |
1688 sq. yard |
|
Location : |
Owned |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Suresh Pal Singh |
||||||||
|
Designation : |
Wholetime Director |
||||||||
|
Address : |
341, Ajanta Colony, Meerut - 250001, Uttar Pradesh, India |
||||||||
|
Date of Appointment : |
01.07.1993 |
||||||||
|
DIN No.: |
00180567 |
||||||||
|
|
|
||||||||
|
Name : |
Mr. Girish Kumar |
||||||||
|
Designation : |
Managing Director |
||||||||
|
Address : |
H N 16, Victoria Park, Sai Dham, Meerut - 250001, Uttar Pradesh, India |
||||||||
|
Date of Appointment : |
18.07.1984 |
||||||||
|
DIN No.: |
00180597 |
||||||||
|
Other Directorship :
|
|||||||||
|
|
|
||||||||
|
Name : |
Mr. Nirmal Kumar Goel |
||||||||
|
Designation : |
Whole-Time Director |
||||||||
|
Address : |
B-2/2, River Bank Colony, Lucknow - 226001, Uttar Pradesh, India |
||||||||
|
Date of Appointment : |
20.10.2003 |
||||||||
|
DIN No.: |
00180755 |
||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Girish Kumar |
|
1162230 |
|
Aditi |
|
70720 |
|
Mudita |
|
126940 |
|
Baran Adarsh |
|
314950 |
|
Nalni Gupta |
|
72000 |
|
Suresh Pal Singh |
|
720 |
|
Madhu Singh |
|
26400 |
|
Girish Kumar & Sons (HUF) |
|
151610 |
|
Nirmal Kumar Goel |
|
769500 |
|
Sai Powerware Marketing Private Limited, India |
|
340500 |
|
Rekha |
|
12362 |
|
Sushma Goel |
|
10700 |
|
Hemant Kumar |
|
13975 |
|
Rishi Raj |
|
30000 |
|
Shivani Garg |
|
6000 |
|
Total |
|
3108607 |
AS ON: 17.01.2017
|
Names of Allottee (Equity Share) |
|
No. of Shares |
|
Sai Powerware Marketing Private Limited, India |
|
25000 |
|
Total |
|
25000 |
AS ON: 30.09.2016
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters (Individual/Hindu Undivided Family - Indian) |
78.94 |
|
Promoters (Body corporate) |
10.95 |
|
Public/Other than promoters (Individual/Hindu Undivided Family - Indian) |
10.13 |
|
|
|
|
Total |
100.00 |
%20-%20487261%2023-Jan-2018_files/image020.gif)
BUSINESS DETAILS
|
Line of Business : |
· Manufacturer and Distributor of Power Transformers, HT Automotive Voltage Regulator Specialized Transformers, etc. [Confirmed by Management] · Manufacturing and Servicing of Transformers and also Providing Electricity Billing Services. [Registered Activity] |
||||||
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|
|
||||||
|
Products : |
|
||||||
|
|
|
||||||
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Brand Names : |
Not Available |
||||||
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|
|
||||||
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Agencies Held : |
Not Available |
||||||
|
|
|
||||||
|
Exports : |
Not Available |
||||||
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|
|
||||||
|
Imports : |
Not Available |
||||||
|
|
|
||||||
|
Terms : |
|
||||||
|
Selling : |
Advance Payment, Cheque and RTGS |
||||||
|
|
|
||||||
|
Purchasing : |
Advance Payment, Cheque and RTGS |
PRODUCTION STATUS: (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Customers : |
Wholesalers · Gail · Bharti Walmart |
|||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||||
|
No. of Employees : |
150 [Approximately] |
|||||||||||||||||||||||||||||||||
|
|
|
|||||||||||||||||||||||||||||||||
|
Bankers : |
· Small Industries Development Bank of India C-60, Sector-2, Noida Branch Office, Noida - 201301, Uttar Pradesh, India |
|||||||||||||||||||||||||||||||||
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|
|
|||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
Ravindra Aggarwal and Company Chartered Accountants |
|
Address : |
53, Naval Vihar, Baghpat Road, Meerut - 250002, Uttar Pradesh, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AAMPA0989J |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associate Company: |
Cervello Technologies Private Limited |
|
|
|
|
Related Parties : |
· R G Computer Services · SN Computer Services · H K Consultancy services |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
INR 10/- each |
INR 50.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3133607 |
Equity Shares |
INR 10/- each |
INR 31.336 Million |
|
|
|
|
|
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) Share Capital |
31.336 |
31.086 |
31.086 |
|
(b) Reserves & Surplus |
105.051 |
87.791 |
74.325 |
|
(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) |
136.387 |
118.877 |
105.411 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
12.236 |
6.357 |
8.568 |
|
(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) |
12.236 |
6.357 |
8.568 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
120.156 |
100.213 |
101.483 |
|
(b)
Trade payables |
119.671 |
82.642 |
88.055 |
|
(c)
Other current liabilities |
79.369 |
58.764 |
43.069 |
|
(d)
Short-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities (4) |
319.196 |
241.619 |
232.607 |
|
|
|
|
|
|
TOTAL |
467.819 |
366.853 |
346.586 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
39.186 |
30.597 |
27.616 |
|
(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 |
1.223 |
1.224 |
1.224 |
|
(b) Non-current
Investments |
0.050 |
0.050 |
0.050 |
|
(c) Deferred tax assets
(net) |
1.115 |
1.201 |
0.939 |
|
(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 |
41.574 |
33.072 |
29.829 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
111.129 |
93.148 |
145.986 |
|
(c)
Trade receivables |
266.955 |
188.792 |
139.098 |
|
(d)
Cash and cash equivalents |
27.113 |
37.940 |
20.075 |
|
(e)
Short-term loans and advances |
21.048 |
13.901 |
11.598 |
|
(f)
Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
426.245 |
333.781 |
316.757 |
|
|
|
|
|
|
TOTAL |
467.819 |
366.853 |
346.586 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
565.712 |
493.125 |
400.785 |
|
|
|
Other Income |
2.253 |
2.098 |
1.882 |
|
|
|
TOTAL |
567.965 |
495.223 |
402.667 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
179.662 |
132.129 |
161.712 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
(11.913) |
45.889 |
(19.111) |
|
|
|
Other director expenses |
144.877 |
109.475 |
75.488 |
|
|
|
Employees benefits expense |
114.454 |
89.504 |
72.444 |
|
|
|
Other expenses |
78.847 |
64.966 |
63.338 |
|
|
|
TOTAL |
505.927 |
441.963 |
353.871 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
62.038 |
53.260 |
48.796 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
24.174 |
24.469 |
24.183 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
37.864 |
28.791 |
24.613 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
13.084 |
8.671 |
8.503 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
24.780 |
20.120 |
16.110 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
8.270 |
6.654 |
5.812 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
16.510 |
13.466 |
10.298 |
|
|
|
|
|
|
|
|
|
|
Export of goods
calculated on FOB basis |
0.491 |
9.370 |
35.832 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
5.30 |
4.44 |
3.40 |
|
Expected Sales (2017-2018): INR 600.000 Million (Due to business growth)
The above information has been parted by Mr. Girish Kumar (Managing
Director)
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 |
|
|
|
|
|
|
Net Cash from/(used in) Operating Activities |
16.500 |
64.411 |
38.523 |
|
|
|
|
|
|
Net Cash used in Operating Activities |
8.196 |
57.495 |
32.662 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
172.24 |
139.74 |
126.68 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
2.12 |
2.61 |
2.88 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
243.12 |
228.29 |
198.75 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.56 |
0.57 |
0.33 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1.54 |
1.67 |
1.69 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.71 |
0.68 |
0.70 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.97 |
0.90 |
1.04 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
2.34 |
2.03 |
2.21 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.30 |
0.27 |
0.27 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
2.57 |
2.18 |
2.02 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
2.92 |
2.73 |
2.57 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
3.53 |
3.67 |
2.97 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
12.11 |
11.33 |
9.77 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.34 |
1.38 |
1.36 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.99 |
1.00 |
0.73 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.29 |
0.32 |
0.30 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
4.22 |
3.43 |
3.54 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.34 |
1.38 |
1.36 |
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 |
|
Share Capital |
31.086 |
31.086 |
31.336 |
|
Reserves & Surplus |
74.325 |
87.791 |
105.051 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
105.411 |
118.877 |
136.387 |
|
|
|
|
|
|
long-term borrowings |
8.568 |
6.357 |
12.236 |
|
Short term borrowings |
101.483 |
100.213 |
120.156 |
|
Total
borrowings |
110.051 |
106.570 |
132.392 |
|
Debt/Equity
ratio |
1.044 |
0.896 |
0.971 |
%20-%20487261%2023-Jan-2018_files/image022.gif)
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 |
400.785 |
493.125 |
565.712 |
|
|
|
23.040 |
14.720 |
%20-%20487261%2023-Jan-2018_files/image024.gif)
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 |
400.785 |
493.125 |
565.712 |
|
Profit |
10.298 |
13.466 |
16.510 |
|
|
2.57% |
2.73% |
2.92% |
%20-%20487261%2023-Jan-2018_files/image026.gif)
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 |
No |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
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% |
Yes |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
Yes |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G61583837 |
100133140 |
SIDBI |
23/10/2017 |
- |
- |
20000000.0 |
5TH FLOOR, ZYGON SQUARE
BUILDINGPLOT NO 1, BLOCK H-1A, SECTOR 63NOIDAUP201307IN |
|
2 |
G37786522 |
100082292 |
SIDBI |
08/03/2017 |
- |
- |
8000000.0 |
5TH FLOOR ZYGON
SQUARE, PLOT NO. 1, BLOCK H - 1ASECTOR - 63NOIDAUP201307IN |
|
3 |
C51421105 |
10564787 |
SMALL INDUSTRIES
DEVELOPMENT BANK OF INDIA |
27/03/2015 |
- |
- |
6500000.0 |
ZYGON SQUARE, PLOT
NO.1, BLOCK H-1A, SECTOR-63NOIDA BRANCH OFFICENOIDAUP201307IN |
|
4 |
B32198087 |
10335727 |
SMALL INDUSTRIES
DEVELOPMENT BANK OF INDIA |
03/02/2012 |
- |
- |
8000000.0 |
C-60,SECTOR-2,NOIDAUP201301IN |
|
5 |
B04086138 |
10264425 |
SMALL INDUSTRIES
DEVELOPMENT BANK OF INDIA |
21/01/2011 |
- |
- |
4500000.0 |
C-60,
SECTOR-2NOIDA BRANCH OFFICENOIDAUP201301IN |
|
6 |
B06402945 |
10204511 |
SMALL INDUSTRIES DEVELOPMENT
BANK OF INDIA |
22/02/2010 |
10/02/2011 |
- |
3600000.0 |
C-60,
SECTOR-2NOIDA BRANCH OFFICENOIDAUP201301IN |
|
7 |
A97124200 |
10229332 |
SMALL INDUSTRIES
DEVELOPMENT BANK OF INDIA |
27/02/2009 |
15/10/2010 |
- |
585000.0 |
C-60, SECTOR-2NOIDAUP201301IN |
|
8 |
G57902298 |
80022676 |
STATE BANK OF
INDIA |
06/07/2001 |
04/09/2017 |
- |
329300000.0 |
COMMERCIAL
BRANCHGANGA PLAZAMEERUTUP250002IN |
|
9 |
Z00105175 |
80022680 |
STATE BANK OF
INDIA |
02/02/1999 |
29/12/2005 |
- |
36000000.0 |
MEERUT
CANTT.MEERUTMEERUTUP250001IN |
|
10 |
Z00105176 |
80022681 |
STATE BANK OF
INDIA |
02/02/1999 |
29/12/2005 |
- |
27400000.0 |
MEERUT
CANTT.MEERUTUP250001IN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
SHORT TERM BORROWINGS |
|
|
|
Loans from directors and their relatives |
1.812 |
1.463 |
|
|
|
|
|
Total |
1.812 |
1.463 |
FIXED ASSETS:
· Land
· Building
· Computer
· Office equipment
· Furniture and Fixture
· Car
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 63.89 |
|
UK Pound |
1 |
INR 88.60 |
|
Euro |
1 |
INR 78.12 |
INFORMATION
DETAILS
|
Information
Gathered by : |
SHK |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ARC |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.