|
|
|
MIRA INFORM REPORT
|
Report No. : |
516599 |
|
Report Date : |
26.06.2018 |
IDENTIFICATION DETAILS
|
Name : |
STATCON ENERGIAA PRIVATE LIMITED (w.e.f. 26.12.2014) |
|
|
|
|
Formerly Known
As : |
TRIPORT ELECTRONICS PRIVATE LIMITED |
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Registered
Office : |
Flat No.19 E, Pocket 2, Kondli Gharoli, Mayur Vihar Phase – III, Delhi
– 110096, India |
|
Tel. No.: |
91-11-26163700 |
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|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
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|
|
Date of
Incorporation : |
26.07.1991 |
|
|
|
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CIN No.: [Company Identification
No.] |
U31100DL1991PTC045130 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 18.239 Million |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACT2688L |
|
|
|
|
GSTN : [Goods & Service Tax Registration
No.] |
09AAACT2688L1ZS |
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PAN No.: [Permanent Account No.] |
AAACT2688L |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged in Manufacturing, Fitting and Assembly of heavy
electrical equipment’s generally used in defense, railway signaling, state
electricity board, power generating stations, airports, telecommunication,
solar power generation and other industrial application including transformer
and power control board. (Registered Activity) |
|
|
|
|
No. of Employees
: |
300 (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 |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 1991. It is a manufacturer of power generating, power savers and heavy electrical equipment.
|
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 (31.12.2017) |
Current Rating (01.04.2018) |
|
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
31-03-2018.
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 26.06.2018
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. Sumit Yadav |
|
Designation : |
Finance Department |
|
Contact No.: |
91-9654828556 |
|
Date : |
24.06.2018 |
LOCATIONS
|
Registered Office : |
Flat No.19 E, Pocket 2, Kondli Gharoli, Mayur Vihar, Phase – III,
Delhi – 110096, India |
|
Tel. No.: |
91-11-26163700 / 41041035 |
|
Mobile No.: |
91-9871000429 (Mr. Kailash Gupta) 91-9654828556 (Ms. Indra Sharma / Mrs. Kailash Gupta) |
|
Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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|
Area : |
800 Sq. Mtr. |
|
Location : |
Rented |
|
Locality : |
Industrial |
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Factory : |
Khasra No. 509, A – Block, Chhijarssi Kulich Nagar, Pilkhuwa Hapur - 245304,
Uttar Pradesh, India |
|
Tel. No.: |
91-122-3058120 / 121 |
|
Location : |
Rented |
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|
|
|
Corporate Office : |
B – 81, Sector 63, G.B. Nagar, Noida – 201307, Uttar Pradesh, India |
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Tel. No.: |
91-120-2427310 / 3819665 / 652 |
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Fax No.: |
91-120-2427311 |
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Manufacturing Unit: |
Located at: · Pilkhuwa |
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Head Offices: |
Located at: · Noida |
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Branch Office: |
Located at: · Ranchi |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Anil Dhar |
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Designation : |
Director |
||||||||
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Address : |
58 Sector-16 Faridabad – 121002, Haryana, India |
||||||||
|
Date of Appointment : |
07.05.2016 |
||||||||
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DIN No.: |
00076859 |
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PAN No.: |
AAGPD5820K |
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|
||||||||
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Name : |
Mr. Budhi Behari Pandey |
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Designation : |
Director |
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Address : |
B-6-G, Delhi Police Apartment, Mayur Vihar Phase-I, New Delhi – 110091, Delhi, India |
||||||||
|
Date of Birth/Age : |
06.07.1934 |
||||||||
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Qualification : |
Graduate |
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Date of Appointment : |
05.11.1996 |
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DIN No.: |
01493825 |
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PAN No.: |
AEKPP4168C |
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Name : |
Ms. Sunita Pandey |
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Designation : |
Additional Director |
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Address : |
B-6-G, Delhi Police Apartment, Mayur Vihar-1, Delhi – 110091, India |
||||||||
|
Qualification : |
Poet – Graduate |
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|
Date of Appointment : |
04.03.2015 |
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DIN No.: |
00097694 |
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PAN No. : |
AIDPP8755E |
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Name : |
Mr. Manoj Pandey |
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Designation : |
Managing Director |
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Address : |
B-30, Sector-53, Noida – 201301, Uttar Pradesh, India |
||||||||
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Qualification : |
B. Tech (IIS) |
||||||||
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Date of Appointment : |
05.08.2015 |
||||||||
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DIN No.: |
00076026 |
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PAN No.: |
AAIPP5058M |
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Other Directorship:
|
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KEY EXECUTIVES
|
Name : |
Mr. Sumit Yadav |
|
Designation : |
Finance Department |
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|
|
|
Name : |
Mr. Gaurav Tomar |
|
Designation : |
Company Secretary |
|
Address : |
3157, Phatak Nanak Chand, Mohalla Dassan, Ballimaran Delhi
110006, India |
|
Date of Appointment : |
01.05.2018 |
|
DIN No.: |
ALVPT2251Q |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 30.09.2017
|
Names of Shareholders |
No. of Shares |
% age holding |
|
Manoj Pandey |
179987 |
97.83 |
|
Sunita Pande |
2300 |
2.13 |
|
Sushma Pande |
100 |
0.04 |
|
|
|
|
|
Total |
182387 |
100.00 |
AS ON 18.10.2017
|
Names of Allottees |
|
No. of Shares |
|
Pardeep Kaur Saini |
|
92960 |
|
Manmohan Singh Saint |
|
424867 |
|
Sarvparteek Singh |
|
167127 |
|
Gursewa Singh |
|
19720 |
|
Harkirat Singh |
|
19720 |
|
Gurmit Kaur |
|
18560 |
|
Anita Saini |
|
1740 |
|
Gursewa Singh Pabla |
|
11600 |
|
Manoj Pandey |
|
387707 |
|
Sunita Pande |
|
16762 |
|
Anil Dhar |
|
522 |
|
Charusmita |
|
189283 |
|
NSERVE Software LLP [Formerly known NSERVE Software Private Limited] |
|
37700 |
|
A K Goswami |
|
40600 |
|
Budhi Behari Pandey |
|
10727 |
|
Pranjal Pande |
|
6380 |
|
Vani Sriram |
|
2233 |
|
Rajana Goswami |
|
34800 |
|
Madhu Gupta |
|
29580 |
|
|
|
|
|
Total |
|
1512588 |
AS ON 28.11.2017
|
Equity Share Breakup |
Percentage |
|
Category |
|
|
Promoters
(Individual/Hindu Undivided Family - Indian) |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in Manufacturing, Fitting and Assembly of
heavy electrical equipment’s generally used in defense, railway signaling, state
electricity board, power generating stations, airports, telecommunication,
solar power generation and other industrial application including transformer
and power control board. (Registered Activity) |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
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Products : |
Finished Goods |
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Countries : |
Africa |
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Imports : |
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Products : |
Raw Material |
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Countries : |
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Terms : |
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Selling : |
Cheque and Credit (30 Days) |
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Purchasing : |
Cheque and Credit (30 Days) |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
· AKW Electronics · A.B. Pal Trading Corporation · ADOS Electronics · Aerol Formulations Private Limited · Airmaster Rectifiers Private Limited · Aman Tractors · Amar Radio Corporation · Amkay Engineering Private Limited · Apar Industries Limited · Electra Bell · Jakson Limited · Messe Duesseloef India Private Limited · Shubham Electrical · Arham Associate · Attera Transport · Bhurji Electroniks Private Limited · Bombay Electric Store · Cat Compumech Private Limited · Choudhary Trading Company · Connectwell Electronics Company · Cosmo Ferites Limited · Elent Electronic Private Limited · Fibox India Private Limited · Hindustan Metals · Hot Well Electricals Network Inc. · TNT India Private Limited · Dewan Radios Private Limited |
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Customers : |
· Energys Private Limited · Andy Solar Private Limited · Arise India Limited · Exo World Solar · Gori Enterprises · High Ground Energy Private Limited, Uttar Pradesh · Inter Solar Systems · Kamla Instruments · MMS Advisory Private Limited · Siga Intenational INC · Sun Solar Enterprises · Surya International · Vaini marketing Private Limited · ACI Oils Private Limited · ACME Cleantech Solutions Private Limited · Amrit Corp Limited · ARC Solar System · Manvi Steel · Punam Energy Private Limited · Statcon Power Control Limited · Ujaas Energy Limited · 44 Noida Infratech (Two) Private Limited |
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No. of Employees : |
300 (Approximately) |
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Bankers : |
Zygon Square, 5th Floor, Plot No. 1, Block-H1A, Sector-63, Noida - 201307, Uttar Pradesh, India ·
Dena
Bank |
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Facilities : |
|
|
Auditors : |
|
|
Name : |
AVRG and Associates Chartered Accountants |
|
Address : |
701-702, R.G. Trade Tower, Netaji Subhash Place, Pitam Pura, New Delhi
– 110034, India |
|
Tel No.: |
91-11-41053317-19 |
|
Mobile No.: |
91-9599280018 |
|
Fax No.: |
91-11-49070902 |
|
Email Id: |
|
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAPFA4079G |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AFTER 28.11.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2000000 |
Equity Shares |
INR 100/- each |
INR 200.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1694975 |
Equity Shares |
INR 100/- each |
INR 169.498
Million |
|
|
|
|
|
AS ON 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
500000 |
Equity Shares |
INR 100/- each |
INR 50.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
182387 |
Equity Shares |
INR 100/- each |
INR 18.239
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 |
18.239 |
18.239 |
8.239 |
|
(b) Reserves & Surplus |
82.652 |
70.054 |
2.192 |
|
(c) Amalgamation Reserve pending allotment
|
151.259 |
151.259 |
0.000 |
|
(d) 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) |
252.150 |
239.552 |
10.431 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
15.596 |
9.198 |
3.900 |
|
(b) Deferred tax liabilities (Net) |
14.518 |
0.000 |
0.000 |
|
(c)
Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d)
long-term provisions |
3.372 |
2.170 |
0.000 |
|
Total
Non-current Liabilities (3) |
33.486 |
11.368 |
3.900 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
134.743 |
84.166 |
0.000 |
|
(b)
Trade payables |
361.846 |
378.026 |
67.518 |
|
(c)
Other current liabilities |
38.317 |
44.887 |
0.713 |
|
(d)
Short-term provisions |
5.151 |
9.624 |
1.000 |
|
Total
Current Liabilities (4) |
540.057 |
516.703 |
69.231 |
|
|
|
|
|
|
TOTAL |
825.693 |
767.623 |
83.562 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
157.528 |
132.212 |
13.571 |
|
(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 |
0.813 |
-0.112 |
|
(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 |
157.528 |
133.025 |
13.459 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
205.865 |
147.849 |
4.989 |
|
(c)
Trade receivables |
355.328 |
382.454 |
63.811 |
|
(d)
Cash and cash equivalents |
54.458 |
47.127 |
0.639 |
|
(e)
Short-term loans and advances |
52.040 |
57.168 |
0.664 |
|
(f)
Other current assets |
0.474 |
0.000 |
0.000 |
|
Total
Current Assets |
668.165 |
634.598 |
70.103 |
|
|
|
|
|
|
TOTAL |
825.693 |
767.623 |
83.562 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
808.788 |
868.741 |
67.135 |
|
|
|
Other Income |
12.193 |
10.799 |
0.000 |
|
|
|
TOTAL |
820.981 |
879.540 |
67.135 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
433.039 |
584.702 |
6.739 |
|
|
|
Purchases |
152.934 |
67.467 |
56.263 |
|
|
|
Changes in inventories |
5.553 |
(20.979) |
(1.035) |
|
|
|
Employees benefits expense |
84.993 |
69.459 |
0.226 |
|
|
|
Extraordinary items |
(0.127) |
0.000 |
0.000 |
|
|
|
Other expenses |
89.295 |
115.288 |
1.020 |
|
|
|
TOTAL |
765.687 |
815.937 |
63.213 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
55.294 |
63.603 |
3.922 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
24.770 |
22.865 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
30.524 |
40.738 |
3.922 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
6.630 |
13.192 |
0.031 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
23.894 |
27.546 |
3.891 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
11.512 |
4.791 |
1.112 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
12.382 |
22.755 |
2.779 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
|
|
|
|
|
|
Basic |
67.89 |
124.76 |
34.00 |
|
|
|
Diluted |
7.31 |
13.43 |
0.00 |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
6.875 |
14.817 |
0.000 |
|
|
|
|
|
|
Cash generated from operations |
7.904 |
41.123 |
NA |
|
|
|
|
|
|
Net cash flow from operating activity |
7.331 |
32.192 |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
160.36 |
160.69 |
346.93 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
2.28 |
2.27 |
1.05 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
225.39 |
211.57 |
391.16 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.27 |
0.43 |
0.79 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.35 |
0.48 |
0.29 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.68 |
0.70 |
0.88 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.62 |
0.45 |
0.37 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
2.14 |
2.16 |
6.64 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.62 |
0.55 |
1.30 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
2.23 |
2.78 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
1.53 |
2.62 |
4.14 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
1.50 |
2.96 |
3.33 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
4.91 |
9.50 |
26.64 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.24 |
1.23 |
1.01 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.86 |
0.94 |
0.94 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.31 |
0.31 |
0.12 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
8.62 |
5.93 |
0.47 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.24 |
1.23 |
1.01 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are 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 |
8.239 |
18.239 |
18.239 |
|
Reserves & Surplus |
2.192 |
70.054 |
82.652 |
|
Amalgamation Reserve pending allotment |
0.000 |
151.259 |
151.259 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
10.431 |
239.552 |
252.150 |
|
|
|
|
|
|
long-term borrowings |
3.900 |
9.198 |
15.596 |
|
Short term borrowings |
0.000 |
84.166 |
134.743 |
|
Current Maturities of Long
term debt |
0.000 |
14.817 |
6.875 |
|
Total
borrowings |
3.900 |
108.181 |
157.214 |
|
Debt/Equity
ratio |
0.374 |
0.452 |
0.623 |
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 |
67.135 |
868.741 |
808.788 |
|
|
|
1,194.021 |
-6.901 |
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 |
67.135 |
868.741 |
808.788 |
|
Profit |
2.779 |
22.755 |
12.382 |
|
|
4.14% |
2.62% |
1.53% |
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 |
-- |
|
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) |
Yes |
|
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 |
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
From loans |
0.785 |
1.578 |
|
Term loan for solar project |
13.005 |
0.000 |
|
|
|
|
|
Total |
13.790 |
1.578 |
INDEX
OF CHARGES:
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G81269839 |
100164242 |
SIDBI |
27/03/2018 |
- |
- |
18200000.0 |
ZYGON SQUARE, 5TH FLOOR,
PLOT NO. 1, BLOCK-H1ASECTOR-63NOIDAUP201307IN |
|
2 |
G70311873 |
100140334 |
STATE BANK OF INDIA |
22/11/2017 |
- |
- |
405200000.0 |
SME BRANCH,SECTOR -
18NOIDAUP201301IN |
|
3 |
G38024121 |
100082338 |
SIDBI |
10/03/2017 |
- |
- |
15000000.0 |
5TH FLOOR, ZYGON
SQUARE, PLOT NO 1BLOCK H1 A SECTOR 63NOIDAUP201307IN |
|
4 |
G82636796 |
10607929 |
DENA BANK |
30/11/2015 |
03/08/2016 |
09/03/2018 |
165000000.0 |
B-9,
SECTOR-18NOIDANOIDAUP201301IN |
|
5 |
C67985978 |
90043895 |
DENA BANK |
08/09/2003 |
04/02/2010 |
14/10/2015 |
8000000.0 |
OKHLA INDUSTRIAL
ESTATEOKHLA PHASE-IIIINEW DELHIDL110020IN |
BACKGROUND
Statcon Energiaa Private Limited (hereinafter refer as the company)(Formerly known as Triport electronics Private Limited) is a leading manufacturer of power generating, power savers and heavy electrical equipment’s SEPL is engaged in manufacturing, fitting and assembly of heavy electrical equipment’s generally used in defense, railway signaling, state electricity board, power generating stations, airports, telecommunication, solar power generation and other industrial application including transformer and power control board.
The company is private company incorporated on July 26, 1991 and managing its business through various branches situated in Delhi (Registered office), Noida (Head Office), Pilkhuwa (Manufacturing Unit) and Ranchi (Branch Office).
FIXED ASSETS
- Land
- Office Equipment
- Vehicles
- Plant and Machinery
- Building
- CWIP
- Computer
- Furniture and Fixture
- Electrical Installation
- Tools Tackles
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 68.15 |
|
UK Pound |
1 |
INR 90.27 |
|
Euro |
1 |
INR 79.35 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
PRY |
|
|
|
|
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 |
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.