|
|
|
MIRA
INFORM REPORT
|
Report No. : |
495335 |
|
Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
JAI JAI RAM SINGH INFRASTRUCTURE PRIVATE
LIMITED |
|
|
|
|
Registered
Office : |
Office No. DCG4-1516, DLF Corporate Greens Tower No. -4 , Sector -74A, Gurugram - 122004, Haryana |
|
Tel. No.: |
91-9818148825 (Mr. Jai Jai Ram Singh) |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
05.08.2013 |
|
|
|
|
Com. Reg. No.: |
05-050005 |
|
|
|
|
Capital Investment
/ Paid-up Capital : |
INR 216.301 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45200HR2013PTC050005 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TIN No.: |
06201820826 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
06AADCJ1577D1ZS |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCJ1577D |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
Subject is engaged in the civil construction activities. (Registered activity and also confirmed by management) |
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|
|
|
No. of Employees
: |
15 (Approximately) – in Office
/ 100 Engineers |
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 |
|
Maximum Credit Limit : |
USD 1000000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 2013 having satisfactory track
record. It is engaged in construction business. For the financial year 2017, the company has achieved decent growth in
its revenue as compared to its previous year along with fair profit margin during
the year. Rating takes into consideration, the satisfactory financial risk
profile marked by adequate net worth base and strong debt protection metrics.
Rating continue to derive strength from its established track record
of its business operation backed by its well experienced management team. However, these rating gets partially offset by due to slowdown in the
infrastructure and real estate sector which may affect the growth of the
company. Payments seems to be usually correct. In view of 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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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 05.03.2018
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. Jai Jai Ram Singh |
|
Designation : |
Director |
|
Contact No.: |
91-9818148825 |
|
Date : |
03.03.2018 |
|
Name : |
Mr. Ajit Kumar |
|
Designation : |
Manager |
|
Contact No.: |
91-9810730750 |
|
Date : |
03.03.2018 |
LOCATIONS
|
Registered Office : |
Office No. DCG4-1516, DLF Corporate Greens Tower No. -4 , Sector -74A, Gurugram - 122004, Haryana, India |
|
Tel. No.: |
91-124-2663023 / 24 |
|
Mobile No.: |
91-9818148825 (Mr. Jai Jai Ram Singh) 91-9810730750 (Mr. Ajit Kumar) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
Locality : |
Commercial |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Manjush Kumar |
||||||||||||||||
|
Designation : |
Director |
||||||||||||||||
|
Address : |
Flat No.222, Block 2, 2nd Floor, Delhi Apartment CGHS,
Plot No. 15C, Dwarka, New Delhi – 110077, India |
||||||||||||||||
|
Date of Birth/Age : |
16.05.1978 |
||||||||||||||||
|
Date of Appointment : |
05.08.2013 |
||||||||||||||||
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DIN No.: |
02881388 |
||||||||||||||||
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Other Directorship:
|
|||||||||||||||||
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|
||||||||||||||||
|
Name : |
Mr. Amar Kumar |
||||||||||||||||
|
Designation : |
Director |
||||||||||||||||
|
Address : |
Flat No.242, Delhi Apartment, Plot No.15C, Sector 22,
Dwarka, Bagdola, Raj Nagar II, South West Delhi - 110077, India |
||||||||||||||||
|
Date of Birth/Age : |
11.08.1979 |
||||||||||||||||
|
Date of Appointment : |
27.08.2013 |
||||||||||||||||
|
DIN No.: |
05306503 |
||||||||||||||||
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Other Directorship:
|
|||||||||||||||||
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|
||||||||||||||||
|
Name : |
Mr. Jai Jai Ram Singh |
||||||||||||||||
|
Designation : |
Director |
||||||||||||||||
|
Address : |
RZ-F1/67, Street No. 3 Mahavir Enclave, Delhi – 110045,
India |
||||||||||||||||
|
Date of Birth/Age : |
01.01.1945 |
||||||||||||||||
|
Date of Appointment : |
05.08.2013 |
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|
DIN No.: |
06611433 |
||||||||||||||||
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|
||||||||||||||||
|
Name : |
Ms. Yamuna Devi |
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|
Designation : |
Director |
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|
Address : |
RZF-1-68, Street No. 3 Mahavir Enclave, Delhi – 110045,
India |
||||||||||||||||
|
Date of Birth/Age : |
10.02.1951 |
||||||||||||||||
|
Date of Appointment : |
05.08.2013 |
||||||||||||||||
|
DIN No.: |
06611438 |
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|
||||||||||||||||
|
Name : |
Mrs. Renuka Sanjay Kumar |
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|
Designation : |
Director |
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|
Address : |
C-04, New Kanchanjhangha Apartment, Plot No. 1, Sector 23,
Dwarka, Delhi - 110077, India |
||||||||||||||||
|
Date of Birth/Age : |
09.09.1975 |
||||||||||||||||
|
Date of Appointment : |
30.09.2017 |
||||||||||||||||
|
DIN No.: |
07809777 |
||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Ajit Kumar |
|
Designation : |
Manager |
|
|
|
|
Name : |
Ms. Kanika Sharma |
|
Designation : |
Company Secretary |
|
Address : |
S-151 Pandav Nagar, Opposite Mother Dairy Plant, Delhi –
110092, India |
|
Date of Birth/Age : |
26.10.1987 |
|
Date of Appointment : |
30.04.2016 |
|
PAN No.: |
AIBPJ4264A |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Jai Jai Ram Singh |
|
21615102 |
|
Yamuna Devi |
|
5000 |
|
Manjush Kumar |
|
5000 |
|
Amar Kumar |
|
5000 |
|
Total |
|
21630102 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the civil construction activities. (Registered activity and also confirmed by management) |
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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 : |
Not Divulged |
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||||
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Imports : |
Not Divulged |
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||||
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Terms : |
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||||
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Selling: |
Advance Payment and Cheque |
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Purchasing : |
Advance Payment and Cheque |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
15 (Approximately) – in Office
/ 100 Engineers |
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Bankers : |
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Facilities : |
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Auditors : |
|
|
Name : |
S K R K and Associates Chartered Accountants |
|
Address : |
206, Radisson Suites, Bestech Chambers, B Block Sushant Lok I |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
ACFFS3173B |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
22000000 |
Equity Shares |
INR 10/- each |
INR 220.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
21630102 |
Equity Shares |
INR 10/- each |
INR 216.301
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 |
216.301 |
216.301 |
216.301 |
|
(b) Reserves and Surplus |
141.976 |
88.135 |
34.603 |
|
(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) |
358.277 |
304.436 |
250.904 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
51.697 |
193.613 |
185.334 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
40.601 |
25.366 |
16.171 |
|
(d) long-term
provisions |
10.650 |
0.669 |
1.001 |
|
Total Non-current
Liabilities (3) |
102.948 |
219.648 |
202.506 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
18.043 |
0.000 |
0.000 |
|
(b) Trade
payables |
273.558 |
202.388 |
146.955 |
|
(c) Other
current liabilities |
36.924 |
39.627 |
32.728 |
|
(d) Short-term
provisions |
34.890 |
27.629 |
21.226 |
|
Total Current
Liabilities (4) |
363.415 |
269.644 |
200.909 |
|
|
|
|
|
|
TOTAL |
824.640 |
793.728 |
654.319 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
134.540 |
157.662 |
143.887 |
|
(ii)
Intangible Assets |
0.166 |
0.303 |
0.000 |
|
(iii) Tangible assets
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) |
5.795 |
4.686 |
3.781 |
|
(d)
Long-term loans and advances |
209.294 |
133.845 |
104.236 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
349.795 |
296.496 |
251.904 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
204.135 |
184.601 |
192.969 |
|
(c) Trade
receivables |
185.458 |
210.099 |
172.908 |
|
(d) Cash and
bank balances |
32.229 |
48.016 |
8.867 |
|
(e)
Short-term loans and advances |
9.792 |
13.622 |
3.251 |
|
(f) Other
current assets |
43.231 |
40.894 |
24.420 |
|
Total
Current Assets |
474.845 |
497.232 |
402.415 |
|
|
|
|
|
|
TOTAL |
824.640 |
793.728 |
654.319 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
1415.596 |
1156.038 |
437.973 |
|
|
Other Income |
1.904 |
0.602 |
2.753 |
|
|
TOTAL |
1417.500 |
1156.640 |
440.726 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
674.063 |
480.067 |
249.444 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(19.533) |
8.367 |
(153.107) |
|
|
Employee benefit expense |
153.997 |
147.156 |
96.298 |
|
|
Other expenses |
478.470 |
402.800 |
170.394 |
|
|
TOTAL |
1286.997 |
1038.390 |
363.029 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
130.503 |
118.250 |
77.697 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
3.223 |
3.493 |
3.295 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
127.280 |
114.757 |
74.402 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
30.026 |
34.145 |
38.271 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
97.254 |
80.612 |
36.131 |
|
|
|
|
|
|
|
Less |
TAX |
33.819 |
26.724 |
11.960 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
63.435 |
53.888 |
24.171 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
2.93 |
2.49 |
1.12 |
Expected Sales (2017-2018) : INR 1450.000 Million (Due to the business
growth)
The above information has been parted by Mr. Jai Jai Ram Singh
(Director)
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
12.515 |
11.698 |
6.544 |
|
Net cash flows from (used in) operations |
163.647 |
81.867 |
0.000 |
|
Net cash flows from (used in) operating activities |
117.239 |
53.603 |
0.000 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
47.82 |
66.34 |
144.10 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
7.63 |
5.50 |
2.53 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
148.13 |
153.88 |
215.03 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.64 |
0.64 |
0.40 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.97 |
0.75 |
0.54 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.52 |
0.60 |
0.60 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.23 |
0.67 |
0.76 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
1.01 |
0.89 |
0.80 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.38 |
0.52 |
0.57 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
40.49 |
33.85 |
23.58 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
4.48 |
4.66 |
5.52 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
7.69 |
6.79 |
3.69 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
17.71 |
17.70 |
9.63 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.31 |
1.84 |
2.00 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
0.74 |
1.16 |
1.04 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.43 |
0.38 |
0.38 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.38 |
0.95 |
0.89 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.31 |
1.84 |
2.00 |
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 |
216.301 |
216.301 |
216.301 |
|
Reserves & Surplus |
34.603 |
88.135 |
141.976 |
|
Net
worth |
250.904 |
304.436 |
358.277 |
|
|
|
|
|
|
Long-term borrowings |
185.334 |
193.613 |
51.697 |
|
Short term borrowings |
0.000 |
0.000 |
18.043 |
|
Current maturities of
long-term debts |
6.544 |
11.698 |
12.515 |
|
Total
borrowings |
191.878 |
205.311 |
82.255 |
|
Debt/Equity
ratio |
0.765 |
0.674 |
0.230 |
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 |
437.973 |
1156.038 |
1415.596 |
|
|
0.000 |
163.952 |
22.452 |
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 |
437.973 |
1156.038 |
1415.596 |
|
Profit/ (Loss) |
24.171 |
53.888 |
63.435 |
|
|
5.52
% |
4.66
% |
4.48
% |
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 |
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 |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
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 |
Yes |
|
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 |
COMPANY OVERVIEW
Subject was incorporated on 08/05/2013 under the Companies Act, 1956 and the Company is engaged in the civil construction work having its promotors experience of 26 years of construction activities.
REVIEW OF BUSINESS
OPERATIONS
Due to the efficient management of the Company, a continuous progression took place in the business operations of the Company due to which the revenue from operations of the Company of the current year generated to amount of INR 1415.596 Million and the net profit earned during the year is INR 63.435 Million by the Company. Since the revenue of the Company has increased from the previous year, the management is trying to improvise the active operations of the Company in India and intend to expand the business activities of the Company in near future.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Other loans and advances |
42.150 |
175.970 |
|
Total |
42.150 |
175.970 |
INDEX OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
G38408050 |
100083437 |
HDFC BANK LIMITED |
02/02/2017 |
- |
- |
3564000.0 |
HDFC BANK HOUSE, SENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
2 |
G62990650 |
100134558 |
ICICI Bank |
25/01/2017 |
- |
- |
9168514.0 |
ICICI BANK TOWER, NEAR CHAKLI CIRCLE,OLD PADRA ROADVADODARAGU390007IN |
|
3 |
G03022415 |
100025047 |
HDFC BANK LIMITED |
22/01/2016 |
- |
- |
1700000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARGLOWER PAREL (WEST)MUMBAIMH400013IN |
|
4 |
C62980453 |
10588869 |
HDFC BANK LIMITED |
19/08/2015 |
- |
- |
436000.0 |
HDFC BANK HOUSE, SENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
5 |
C61292157 |
10585174 |
ICICI BANK |
15/07/2015 |
- |
- |
4800000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
6 |
C61326369 |
10585250 |
CORPORATION BANK |
11/06/2015 |
- |
- |
260000.0 |
SIKANDERPUR, QUTAB ENCLAVE,PHASE-1GURGAONHR122001IN |
|
7 |
C60959046 |
10584376 |
HDFC BANK LIMITED |
09/06/2015 |
- |
- |
894000.0 |
HDFC BANK HOUSE, SENAPATI BAPAT MARG, LOWER PARE! (WEST),MUMBAIMH400013IN |
|
8 |
C62143516 |
10587048 |
ICICI BANK |
17/04/2015 |
- |
- |
2500000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
9 |
C45233400 |
10552397 |
HDFC BANK LIMITED |
27/01/2015 |
- |
- |
4460000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
10 |
C44366060 |
10550643 |
CORPORATION BANK |
29/12/2014 |
- |
- |
260000.0 |
SIKANDERPUR, QUTAB ENCLAVEPHASE - IGURGAONHR122001IN |
FIXED ASSETS
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Motor vehicles
- Office equipment
- Computer equipments
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 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 65.22 |
|
|
1 |
INR 89.70 |
|
Euro |
1 |
INR 79.50 |
INFORMATION DETAILS
|
Information
Gathered by : |
AKS |
|
|
|
|
Analysis Done by
: |
NSR |
|
|
|
|
Report Prepared
by : |
SUJ |
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
·
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.