|
|
|
MIRA INFORM REPORT
|
Report No. : |
488263 |
|
Report Date : |
27.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
ACCUMEN LAMINATORS LLP |
|
|
|
|
Registered
Office : |
101-B, DLF Tower- A, Jasola District Center, New Delhi - 110025 |
|
Mob. No.: |
91-9936666660 [Office] |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
28.07.2014 |
|
|
|
|
Total Obligation
of Contribution: |
INR 3.000 Million |
|
|
|
|
LLPIN No.: |
AAC-5146 |
|
|
|
|
IEC No.: |
Not Divulged |
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|
|
|
GST No.: |
Not Divulged |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
|
PAN No.: [Permanent Account No.] |
Not Divulged |
|
|
|
|
Legal Form : |
Limited Liability Partnership |
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|
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|
Line of Business
: |
Manufacturer, Dealer and Exporter of
Packing material, Ink, Adhesive, Zipper, Carton, Container, Boxes, Bag &
Cases of Paper, Plastic Film, Rubber, Metal Foil, Tin, Flexible, Laminated or
Other Material & to Process, Export and Deal in all kinds of Paper &
Plastic Packing, Gunny Bags, H.D.P.E/ L.D.P.E/ PP/ Plastic/ P.V.C. &
Other Fibrous or Artificial Material Bags & to Convert Plastic Granules
to Multi-layer Plastic Films/Rolls & to Deal in Printing, Lamination,
Pouching etc. & Other Related Work.
[Registered Activity] |
|
|
|
|
No. of Employees
: |
Not Divulged |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
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|
Litigation : |
Clear |
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|
Comments : |
Subject is a limited liability partnership firm established in the year 2014 and it is a manufacturer of printed and laminated films in roll form, center sealed pouches, and side sealed pouches, stand-up pouches & zipper-locked pouches. As per financials of March 2017, the subject has registered decline in its revenue as compared to its previous year’s revenue and has incurred losses. Rating takes into consideration the subject’s limited track record of business operations along with eroded capital base and weak financial risk profile. Payments are reported to be slow. In view of aforesaid, the subject can be considered for
business dealings at fully safe and secured 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
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 27.01.2018.
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 DECLINED
MANAGEMENT NON-COOPERATIVE
[Contact No: 91-9936666660]
[91-9935555550 is ringing]
LOCATIONS
|
Registered Office : |
101-B, DLF Tower- A, Jasola District Center, New Delhi - 110025, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9936666660 [Office] |
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Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Factory 1 : |
Khata No. 529, Aaraji No. 2286, Gram – Visayakpur, Rania, Kanpur Dehat – 209206, Uttar Pradesh, India |
|
|
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Factory 2 : |
66B, Dada Nagar, Cooperative Industrial Estate, Kanpur – 208022, Uttar Pradesh, India |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Siddarth Gupta |
||||||||||||||||||||||||
|
Designation : |
Designated Partner |
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|
Address : |
14/102-A, Civil Lines, Kanpur-208001, Uttar Pradesh, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
01.06.1980 |
||||||||||||||||||||||||
|
Date of Appointment : |
28.07.2014 |
||||||||||||||||||||||||
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DPIN No.: |
00660312 |
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|
Other Directorship : List of Companies
|
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||||||||||||||||||||||||
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Name : |
Mr. Manish Agarwal |
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|
Designation : |
Designated Partner |
||||||||||||||||||||||||
|
Address : |
53/7, Naya Ganj, Kanpur-208001, Uttar Pradesh, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
10.11.1979 |
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|
Date of Appointment : |
28.07.2014 |
||||||||||||||||||||||||
|
DPIN No.: |
01117076 |
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|
Other Directorship : List of Companies
|
|||||||||||||||||||||||||
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|
||||||||||||||||||||||||
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Name : |
Mr. Manoj Kumar Agarwal |
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|
Designation : |
Designated Partner |
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|
Address : |
3/98, Hanumant Kripa, Vishnupuri, Kanpur-208002, Uttar Pradesh, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
01.01.1972 |
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|
Date of Appointment : |
28.07.2014 |
||||||||||||||||||||||||
|
DPIN No.: |
01767926 |
||||||||||||||||||||||||
|
Other Directorship : List of Companies
|
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CONTRIBUTION DETAILS
|
Names of Persons |
|
INR in Million |
|
Manoj Kumar Agarwal |
|
1.000 |
|
Manish Agarwal |
|
1.000 |
|
Siddarth Gupta |
|
1.000 |
|
|
|
|
|
Total |
|
3.000 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer, Dealer and Exporter of
Packing material, Ink, Adhesive, Zipper, Carton, Container, Boxes, Bag &
Cases of Paper, Plastic Film, Rubber, Metal Foil, Tin, Flexible, Laminated or
Other Material & to Process, Export and Deal in all kinds of Paper &
Plastic Packing, Gunny Bags, H.D.P.E/ L.D.P.E/ PP/ Plastic/ P.V.C. &
Other Fibrous or Artificial Material Bags & to Convert Plastic Granules
to Multi-layer Plastic Films/Rolls & to Deal in Printing, Lamination,
Pouching etc. & Other Related Work.
[Registered Activity] |
|
|
|
|
Brand Names : |
Not Available |
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|
|
|
Agencies Held : |
Not Available |
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|
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|
Exports : |
Not Divulged |
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|
Imports : |
Not Divulged |
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Terms : |
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|
Selling : |
Not Divulged |
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|
|
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS: (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
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|
||||||||||||||||||||||
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Customers : |
· Future Consumer · DRB Foods · Spyke Candy · Goel Tea Products (Private) Limited · Bambino, etc |
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|
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No. of Employees : |
Not Divulged |
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|
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Bankers : |
|
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Facilities : |
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|
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Auditors : |
|
|
Name : |
Pee Kay Jaipuria and Company Chartered Accountants |
|
Address : |
Acharya Kuti, 1st Floor, 26/53, Birhana Road,
Kanpur-208001, Uttar Pradesh, India |
|
Tel. No.: |
91-512-2315178/ 3013415 |
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E-Mail : |
|
|
|
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|
Memberships : |
Not Available |
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|
|
|
Collaborators : |
Not Available |
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|
|
|
Associate Companies : |
· Kaymen Laminators Private Limited · Accumen Poly Pack Private Limited |
CAPITAL STRUCTURE
PARTNERS
FIXED CAPITAL ACCOUNT AS ON 31.03.2017
|
PARTICULARS |
INR IN MILLION |
|
Manoj Kumar Agarwal |
1.000 |
|
Manish Agarwal |
1.000 |
|
Siddharth Gupta |
1.000 |
|
|
|
|
|
----------- |
|
Total |
3.000 |
PARTNERS
CURRENT CAPITAL ACCOUNT AS ON 31.03.2017
|
PARTICULARS |
INR IN MILLION |
|
As per last Balance Sheet |
(23.918) |
|
Addition for the year – Balance as per annexed statement of Profit & Loss Account |
(5.758) |
|
|
----------- |
|
Total |
(29.676) |
FINANCIAL DATA
[all figures are
in INR Million]
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry.
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Partner’s Fixed Capital |
3.000 |
3.000 |
3.000 |
|
|
2] Partner’s Current Capital |
(29.676) |
(23.918) |
0.000 |
|
|
3] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
(26.676) |
(20.918) |
3.000 |
|
|
|
|
|
|
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
4.388 |
5.107 |
0.000 |
|
|
2] Unsecured Loans |
430.211 |
521.264 |
304.555 |
|
|
TOTAL BORROWING |
434.599 |
526.371 |
304.555 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
407.923 |
505.453 |
307.555 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
173.292 |
156.934 |
0.000 |
|
|
Capital work-in-progress |
12.700 |
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 |
148.516 |
131.157 |
0.000 |
|
|
Sundry Debtors |
178.412 |
210.322 |
0.000 |
|
|
Cash & Bank Balances |
3.086 |
5.124 |
0.411 |
|
|
Other Current Assets |
0.179 |
0.112 |
0.000 |
|
|
Loans & Advances |
33.509 |
51.830 |
307.150 |
|
Total
Current Assets |
363.702 |
398.545 |
307.561
|
|
|
|
|
|
|
|
|
Less : CURRENT
LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
115.038 |
39.740 |
0.000 |
|
|
Other Current Liabilities |
14.033 |
10.286 |
0.006 |
|
|
Provisions |
0.000 |
0.000 |
0.000 |
|
Total
Current Liabilities |
129.071
|
50.026 |
0.006 |
|
|
Net Current Assets |
234.631
|
348.519
|
307.555
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
407.923 |
505.453 |
307.555
|
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
470.612 |
499.598 |
0.000 |
|
|
|
Other Income |
2.391 |
0.054 |
0.000 |
|
|
|
TOTAL |
473.003 |
499.652 |
0.000 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
347.907 |
418.976 |
0.000 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
(3.057) |
(17.010) |
0.000 |
|
|
|
Employees benefits expense |
13.305 |
8.331 |
0.000 |
|
|
|
Other expenses |
51.535 |
44.605 |
0.006 |
|
|
|
TOTAL |
409.690 |
454.902 |
0.006 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
63.313 |
44.750 |
(0.006) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
35.642 |
45.632 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
27.671 |
(0.882) |
(0.006) |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
33.430 |
23.036 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
(5.759) |
(23.918) |
(0.006) |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
(5.759) |
(23.918) |
(0.006) |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
|
|
|
|
|
Cash generated from operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net Cash flow from (used in) Operations |
NA |
NA |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
138.37 |
153.66 |
0.00 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
2.64 |
2.38 |
0.00 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
120.69 |
34.62 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.43 |
0.34 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.37 |
0.29 |
0.00 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
1.05 |
1.04 |
0.99 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
(16.29) |
(25.16) |
101.52 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
(20.97) |
(27.31) |
101.52 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
(6.50) |
(7.50) |
0.00 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
1.78 |
0.98 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
(1.22) |
(4.79) |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
(1.07) |
(4.31) |
0.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
21.59 |
114.34 |
-0.20 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
0.65 |
0.70 |
1.01 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.38 |
0.47 |
1.01 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
(0.05) |
(0.04) |
0.01 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
(16.29) |
(25.16) |
101.52 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
0.65 |
0.70 |
1.01 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Partner’s Fixed Capital |
3.000 |
3.000 |
3.000 |
|
Partner’s Current Capital |
0.000 |
(23.918) |
(29.676) |
|
Net
worth |
3.000 |
(20.918) |
(26.676) |
|
Secured Loans |
0.000 |
5.107 |
4.388 |
|
Unsecured Loans |
304.555 |
521.264 |
430.211 |
|
Total
borrowings |
304.555 |
526.371 |
434.599 |
|
Debt/Equity
ratio |
101.518 |
(25.164) |
(16.292) |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
0.000 |
499.598 |
470.612 |
|
|
|
|
(5.802) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
0.000 |
499.598 |
470.612 |
|
Profit/ (Loss) |
(0.006) |
(23.918) |
(5.759) |
|
|
|
(4.79%) |
(1.22%) |
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 |
No |
|
8 |
Designation of contact person |
No |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
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 |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
No |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
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 |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES: NO
CHARGES EXISTS FOR COMPANY
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
Unsecured Loans from Partners |
113.353 |
135.550 |
|
Unsecured Loans from Relative of Partners |
316.858 |
385.714 |
|
|
|
|
|
Total |
430.211 |
521.264 |
FIXED ASSETS:
Tangible Assets
· Factory Building
· Plant and Equipment
· Electric Installation
· Furniture and Fixture
· Fire Equipment
· Vehicle
· Office Equipment
· 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 :
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 63.50 |
|
UK Pound |
1 |
INR 90.92 |
|
Euro |
1 |
INR 79.07 |
INFORMATION DETAILS
|
Information
Gathered by : |
KMN |
|
|
|
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
IND |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
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.