|
|
|
MIRA INFORM REPORT
|
Report No. : |
496239 |
|
Report Date : |
08.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
A-CLASS MARBLE INDIA PRIVATE LIMITED (w.e.f. 05.01.2016) |
|
|
|
|
Formerly Known
As : |
A-CLASS MARBLES INDIA PRIVATE LIMITED |
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|
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|
Registered
Office : |
SP-27, Fifth Phase, RIICO Industrial Area, Kishangarh,
Ajmer – 305801, Rajasthan |
|
Mob. No.: |
91-9116114698 [Mr. Rahul Kankaria] |
|
|
|
|
Country : |
India |
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|
|
|
Financials (as on)
: |
31.03.2017 |
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|
|
|
Date of
Incorporation : |
01.07.2005 |
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|
|
|
Com. Reg. No.: |
17-020960 |
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|
|
|
Capital
Investment / Paid-up Capital : |
INR 46.620 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U14101RJ2005PTC020960 |
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|
|
|
IEC No.: [Import-Export Code No.] |
Not Available |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAGCM6047G |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged in the business of Trading of Marble Block, Marble and Granite Slabs. [Registered Activity] |
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|
|
|
No. of Employees
: |
Information declined by the management |
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 : |
Slow but correct |
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|
|
|
Litigation : |
Clear |
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|
Comments : |
A Class Marble India Private Limited is engaged in wholesale trading
and manufacturing of marble slabs/blocks. The company is based in Ajmer,
Rajasthan. It is an established company having satisfactory track records. For the financial year ended 2017, the company has witnessed a growth
in its revenue but reported decline in its profit. The company possesses an acceptable financial profile marked by sound
net worth base along with fair debt level of the company. However, the rating strength is partially offsest by low profit margin
of the company. Trade relations are reported as fair. Business is active. Payments
terms are reported to be slow but 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 08.03.2018.
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 DENIED BY
|
Name : |
Mr. Rahul Konkaria |
|
Designation : |
Senior Manager |
|
Contact No.: |
91-9116114698 |
|
Date : |
06.03.2018 |
LOCATIONS
|
Registered Office / Factory : |
SP-27, Fifth Phase, RIICO Industrial Area, Kishangarh,
Ajmer – 305801, Rajasthan, India |
|
Tel. No.: |
91-141-2812801 |
|
Mobile No.: |
91-9999800071 [Mr. Ramesh Bhandari] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
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|
Head Office : |
C-19, Basement, Panchsheel Colony, Ajmer Road, Jaipur – 302006, Rajasthan, India |
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|
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|
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Branch Office 1 : |
Near Chhatarpur Mandir, Village: Chandan hulla Mehrauli, New Delhi – 110074, India |
|
Tel. No.: |
91-11-26652105 |
|
|
|
|
Branch Office 2 : |
Plot No. 4, HUDA Marble Market, Sector-34, Gurugram – 122001, Haryana, India |
|
|
|
|
Branch Office 3 : |
1411, Shapath V, Near Crowne Plaza Hotel, Opposite Karnavati Club, Ahmadabad – 380058, Gujarat, India |
|
Tel. No.: |
91-79-40036948 |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Rai Chand Bhandari |
|
Designation : |
Managing Director |
|
Address : |
C-19, Panchsheel Colony, Ajmer Road, Jaipur – 302006,
Rajasthan, India |
|
Date of Birth/Age : |
02.07.1958 |
|
Date of Appointment : |
01.07.2005 |
|
DIN No.: |
00127528 |
|
|
|
|
Name : |
Mr. Rajesh Bhandari |
|
Designation : |
Director |
|
Address : |
Bothra Ka Bass Borawar, Nagaur – 341502, Rajasthan, India |
|
Date of Birth/Age : |
21.07.1983 |
|
Date of Appointment : |
01.07.2005 |
|
DIN No.: |
00484658 |
|
|
|
|
Name : |
Mr. Ramesh Bhandari |
|
Designation : |
Wholetime Director |
|
Address : |
Bothra Ka Bass Borawar, Nagaur – 341502, Rajasthan, India |
|
Date of Birth/Age : |
28.03.1986 |
|
Date of Appointment : |
01.07.2005 |
|
DIN No.: |
00484710 |
KEY EXECUTIVES
|
Name : |
Mr. Rahul Konkaria |
|
Designation : |
Senior Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Ramesh Chand Bhandari |
|
701000 |
|
Rai Chand Bhandari |
|
1852000 |
|
Rajesh Chand Bhandari |
|
645500 |
|
Lad Kanwar Bhandari |
|
30000 |
|
Mohnish Jain |
|
190 |
|
Rai Chand Bhandari HUF |
|
75100 |
|
Preksha Bhandari |
|
102500 |
|
Pushpendra Kumar Solanki |
|
100 |
|
Niyati Bhandari |
|
83600 |
|
Rajesh Bhandari (HUF) |
|
21000 |
|
Ramesh Chand Bhandari (HUF) |
|
21000 |
|
Apporva Leasing Finance and Investment Company Limited, India |
|
20000 |
|
Reliable Finace Corporation Private Limited, India |
|
25000 |
|
VA Realcon Private Limited, India |
|
25000 |
|
Goose Shares And Securities Private Limited, India |
|
60000 |
|
Jasnath Infrastructure Private Limited, India |
|
170000 |
|
Gaiety Realtech Private Limited, India |
|
160000 |
|
Erudite Shares and Securities Private Limited, India |
|
50000 |
|
Karpo Builders Private Limited, India |
|
50000 |
|
Star Infovision Private Limited, India |
|
300000 |
|
Mahant Kailash Das |
|
10 |
|
S.K.P.J. Investment and Finance Private Limited, India |
|
200000 |
|
Karpo Real Estate Private Limited, India |
|
70000 |
|
|
|
|
|
Total |
|
4662000 |
Equity Share Break up (Percentage of Total Equity)
As on 22.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
72.60 |
|
Public – (Individual/ Hindu
Undivided Family – Indian) |
3.16 |
|
Public - Bodies corporate |
24.24 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the business of Trading of Marble Block, Marble and Granite Slabs. [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 : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management |
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Bankers : |
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Facilities : |
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Auditors : |
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|
Name : |
S. C. Kabra and Company Chartered Accountants |
|
Address : |
21-C, Barwara House Colony, Ajmer Road, Civil Lines, Jaipur – 302006, Rajasthan, India |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AALFS4476R |
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Memberships : |
Not Available |
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|
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|
Collaborators : |
Not Available |
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|
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|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000000 |
Equity Shares |
INR 10/- each |
INR 100.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4662000 |
Equity Shares |
INR 10/- each |
INR 46.620
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 |
46.620 |
36.970 |
36.970 |
|
(b) Reserves and Surplus |
251.648 |
196.022 |
167.438 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
(d) Minority interest |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
298.268 |
232.992 |
204.408 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
115.224 |
53.820 |
75.635 |
|
(b) Deferred tax liabilities (Net) |
17.092 |
10.374 |
4.086 |
|
(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) |
132.316 |
64.194 |
79.721 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
473.870 |
452.127 |
234.890 |
|
(b) Trade
payables |
510.856 |
407.557 |
341.161 |
|
(c) Other
current liabilities |
79.248 |
72.760 |
57.535 |
|
(d) Short-term
provisions |
6.259 |
10.763 |
4.350 |
|
Total Current
Liabilities (4) |
1070.233 |
943.207 |
637.936 |
|
|
|
|
|
|
TOTAL |
1500.817 |
1240.393 |
922.065 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
352.247 |
238.563 |
199.097 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
21.030 |
24.750 |
8.172 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
5.268 |
8.643 |
7.652 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
0.000 |
0.000 |
0.000 |
|
(e) Other
Non-current assets |
2.156 |
3.185 |
0.315 |
|
Total Non-Current
Assets |
380.701 |
275.141 |
215.236 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
629.296 |
450.786 |
334.009 |
|
(c) Trade
receivables |
322.778 |
359.491 |
281.133 |
|
(d) Cash and
bank balances |
4.122 |
57.636 |
25.477 |
|
(e)
Short-term loans and advances |
163.920 |
97.024 |
65.894 |
|
(f) Other
current assets |
0.000 |
0.315 |
0.316 |
|
Total
Current Assets |
1120.116 |
965.252 |
706.829 |
|
|
|
|
|
|
TOTAL |
1500.817 |
1240.393 |
922.065 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
1055.979 |
1041.118 |
845.641 |
|
|
Other Income |
8.478 |
3.519 |
0.889 |
|
|
TOTAL |
1064.457 |
1044.637 |
846.530 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of
Stock-in-Trade |
803.336 |
885.091 |
727.956 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(178.510) |
(116.776) |
(69.609) |
|
|
Employee benefit expense |
47.005 |
16.972 |
12.609 |
|
|
Other expenses |
288.663 |
155.819 |
97.397 |
|
|
Prior period items before tax |
0.000 |
0.107 |
0.391 |
|
|
Exceptional items before tax |
0.101 |
0.000 |
0.000 |
|
|
TOTAL |
960.595 |
941.213 |
768.744 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
103.862 |
103.424 |
77.786 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
66.267 |
46.589 |
49.695 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
37.595 |
56.835 |
28.091 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
17.066 |
11.885 |
11.539 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
20.529 |
44.950 |
16.552 |
|
|
|
|
|
|
|
Less |
TAX |
13.153 |
16.366 |
2.128 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
7.376 |
28.584 |
14.424 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Capital Goods |
41.634 |
24.362 |
NA |
|
|
TOTAL IMPORTS |
41.634 |
24.362 |
NA |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
1.582 |
7.732 |
3.902 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
3.233 |
20.094 |
13.598 |
|
Net cash flows from (used in) operations |
22.449 |
182.174 |
160.651 |
|
Net cash flows from (used in) operating activities |
14.653 |
169.150 |
157.398 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
111.57 |
126.03 |
121.34 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
3.27 |
2.90 |
3.01 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
232.11 |
168.07 |
171.06 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
0.17 |
0.23 |
0.23 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
0.28 |
0.39 |
0.38 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.79 |
0.82 |
0.79 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
1.99 |
2.26 |
1.59 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities
/ NetWorth) |
|
3.59 |
4.05 |
3.12 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
1.25 |
1.13 |
1.01 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
1.57 |
2.22 |
1.57 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
0.70 |
2.75 |
1.71 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
0.49 |
2.30 |
1.56 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
2.47 |
12.27 |
7.06 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
1.05 |
1.02 |
1.11 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
0.46 |
0.55 |
0.58 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.20 |
0.19 |
0.22 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
12.71 |
14.23 |
8.77 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current
Assets / Total Current Liabilities] |
|
1.05 |
1.02 |
1.11 |
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 |
36.970 |
36.970 |
46.620 |
|
Reserves & Surplus |
167.438 |
196.022 |
251.648 |
|
Net
worth |
204.408 |
232.992 |
298.268 |
|
|
|
|
|
|
Long-term borrowings |
75.635 |
53.820 |
115.224 |
|
Short term borrowings |
234.890 |
452.127 |
473.870 |
|
Current maturities of
long-term debts |
13.598 |
20.094 |
3.233 |
|
Total
borrowings |
324.123 |
526.041 |
592.327 |
|
Debt/Equity
ratio |
1.586 |
2.258 |
1.986 |
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 |
845.641 |
1041.118 |
1055.979 |
|
|
0.000 |
23.116 |
1.427 |
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 |
845.641 |
1041.118 |
1055.979 |
|
Profit/ (Loss) |
14.424 |
28.584 |
7.376 |
|
|
1.71
% |
2.75
% |
0.70
% |
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 |
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 |
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 |
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 |
STATE OF COMPANY
AFFAIRS:
During the Financial Year ended March 31, 2017, the Company saw a remarkable growth by 1.90% during the year and recorded Turnover from operations of INR 1064.457 Million as compared to INR 1044.636 Million in the previous year.
The Profit before tax for the year ended is INR 20.529 Million as compared to INR 44.950 Million in the previous year
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Short-term
borrowings |
|
|
|
Loans repayable on demand from others |
388.054 |
302.982 |
|
|
|
|
|
Total |
388.054 |
302.982 |
INDEX
OF CHARGES:
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G77477941 |
100156300 |
13/12/2017 |
- |
- |
1622000.0 |
ICICI Bank Tower, Near Chakli Circle,Old Padra RoadVadodaraGu390007IN |
|
|
2 |
G76040609 |
100152683 |
12/09/2017 |
- |
- |
471398.0 |
SENAPATI BAPAT MARGLOWER PAREL (WEST)MUMBAIMH400013IN |
|
|
3 |
G73483489 |
100146740 |
24/07/2017 |
- |
- |
5472890.0 |
27BKC, C 27, G BlockBandra Kurla Complex, Bandra (E),MumbaiMa400051IN |
|
|
4 |
G47001300 |
100116446 |
29/04/2017 |
- |
- |
640000.0 |
HDFC BANK HOUSE, SENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
|
5 |
G43146216 |
100096235 |
15/03/2017 |
- |
- |
2206000.0 |
SENAPATI BAPAT MARGLOWER PAREL (WEST)MUMBAIMH400013IN |
|
|
6 |
G05800065 |
100033710 |
30/03/2016 |
- |
- |
480000.0 |
CSC Sec- D, Pocket -II, Vasant Kunj,New DelhiDL110070IN |
|
|
7 |
G05800420 |
100033713 |
30/03/2016 |
- |
- |
480000.0 |
CSC Sec- D, Pocket -II, Vasant Kunj,New DelhiDL110070IN |
|
|
8 |
C80881089 |
10623931 |
17/10/2015 |
- |
- |
1185000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARGLOWER PAREL(WEST)MUMBAIMH400013IN |
|
|
9 |
G42517151 |
100109178 |
06/12/2014 |
- |
- |
1355000.0 |
SENAPATI BAPAT MARGLOWER PAREL (WEST)MUMBAIMH400013IN |
|
|
10 |
G75647826 |
10356191 |
24/04/2012 |
05/10/2017 |
- |
525000000.0 |
MADANGANJKISHANGARHAJMERRJ305801IN |
|
FIXED ASSETS
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Motor vehicles
- Office equipment
- Computer equipment
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 64.99 |
|
|
1 |
INR 89.91 |
|
Euro |
1 |
INR 80.21 |
INFORMATION DETAILS
|
Information
Gathered by : |
AKS |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
JYO |
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.