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MIRA INFORM REPORT
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Report No. : |
496012 |
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Report Date : |
09.03.2018 |
IDENTIFICATION DETAILS
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Name : |
RAMOLA BHAR CHARITABLE TRUST |
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Registered
Office : |
C 568, JVTS Garden, Road No 5, Chatarpur Extension, New Delhi - 110074 |
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Tel. No.: |
91-11-65578290 |
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Country : |
India |
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Financials (as
on) : |
Not Available |
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Date of
Establishment : |
26.10.1990 |
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Capital Investment
: |
Not Divulged |
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IEC No.: |
Not Applicable [As informed by the management that firm does
not have export and import] |
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TIN No.: |
Not Divulged |
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GST No.: |
Not Divulged |
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PAN No.: [Permanent Account No.] |
Not Divulged |
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Legal Form : |
Non-Governmental Organization [NGO] |
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Line of Business
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Subject working the field of Children, Education and Literacy,
HIV/AIDS, Legal aware Finance (SHGs), Vocational Training, Women’s Development
and Empowerment, etc. and also work towards the Promotion of Sustainable
Development. [Confirmed by Management] |
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No. of Employees
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40 [Approximately] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January
2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Ramola Bhar Charitable (R.C.B) Trust was institutionalized in the year 1990 with the aim to stop trafficking and oppression against children and women. The trust has launched a movement under its project called “STOP” focusing on combatting human trafficking in both curative and preventive ways by attacking all forms of violence against women and children in Delhi, India along the transnational borders of Nepal and Bangladesh. Ramola Bhar Charitable is recognized by Department of Women and Child Development, Government of NCT of Delhi. It has undertaken 2 primary initiatives “Thousand Dreams” and “Koshish” and it is funded via donations and fundraising campaigns Payments are seems to be usually correct. In view of aforesaid, the trust 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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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India |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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 09.03.2018.
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 [GENERAL DETAILS]
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Name : |
Ms. Malika |
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Designation : |
Project Manager |
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Contact No.: |
91-11-65578290 |
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Date : |
07.03.2018 |
LOCATIONS
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Registered Office : |
C 568, JVTS Garden, Road No 5, Chatarpur Extension, New Delhi - 110074, India |
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Tel. No.: |
91-11-65578290 |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Head Office: |
A-25, Chittaranjan Park, Behind Market No. 1, New Delhi - 110019,
India |
MANAGEMENT
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Name : |
Prof. Rama Debabrata |
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Designation : |
Founder-President |
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Profile: |
Prof. Roma Debabrata, founder and managing trustee of RBC Trust and President of STOP started this movement back in 1990. She has been awarded by the Ashoka Fellow for Human Rights for her dedicated efforts. Formerly she served as a teaching faculty of Modern Indian Language, Miranda House, and University of Delhi. |
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Name : |
Ms. Preeti Anand |
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Designation : |
In-charge |
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Name : |
Ms. Rama Gundetti |
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Designation : |
In-charge |
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Name : |
Ms. Malika |
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Designation : |
Project Manager |
BUSINESS DETAILS
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Line of Business : |
Subject working the field of Children, Education and Literacy,
HIV/AIDS, Legal aware Finance (SHGs), Vocational Training, Women’s
Development and Empowerment, etc. and also work towards the Promotion of
Sustainable Development. [Confirmed by Management] |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Not Divulged |
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Purchasing : |
Not Divulged |
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
40 [Approximately] |
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Bankers : |
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Auditors : |
Not Divulged |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
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Capital Investment : |
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Owned : |
Not Divulged |
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Borrowed : |
Not Divulged |
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Total : |
Not Divulged |
FINANCIAL ANALYSIS
[all figures are
in INR Million]
NOT DIVULGED
The above information has been declined by Ms. Malika (Project Manager)
Note : Sole Proprietary and Partnership concerns are
exempted from filing their financials with the Government Authorities or
Registry Records.
LOCAL AGENCY FURTHER INFORMATION
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Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
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1 |
Year of establishment |
Yes |
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2 |
Constitution of the entity -Incorporation
details |
Yes |
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3 |
Locality of the entity |
Yes |
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4 |
Premises details |
No |
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5 |
Buyer visit details |
-- |
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6 |
Contact numbers |
Yes |
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7 |
Name of the person contacted |
Yes |
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8 |
Designation of contact person |
Yes |
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9 |
Promoter’s background |
No |
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10 |
Date of Birth of Proprietor / Partners /
Directors |
No |
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11 |
Pan Card No. of Proprietor / Partners |
No |
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12 |
Voter Id Card No. of Proprietor / Partners |
No |
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13 |
Type of business |
Yes |
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14 |
Line of Business |
Yes |
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15 |
Export/import details (if applicable) |
No |
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16 |
No. of employees |
Yes |
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17 |
Details of sister concerns |
No |
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18 |
Major suppliers |
No |
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19 |
Major customers |
No |
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20 |
Banking Details |
No |
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21 |
Banking facility details |
No |
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22 |
Conduct of the banking account |
-- |
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23 |
Financials, if provided |
No |
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24 |
Capital in the business |
No |
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25 |
Last accounts filed at ROC, if applicable |
No |
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26 |
Turnover of firm for last three years |
No |
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27 |
Reasons for variation <> 20% |
-- |
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28 |
Estimation for coming financial year |
No |
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29 |
Profitability for last three years |
No |
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30 |
Major shareholders, if available |
No |
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31 |
External Agency Rating, if available |
No |
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32 |
Litigations that the firm/promoter
involved in |
-- |
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33 |
Market information |
-- |
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34 |
Payments terms |
No |
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35 |
Negative Reporting by Auditors in the
Annual Report |
No |
WEBSITE DETAILS:
PROFILE
The Ramola Bhar Charitable (R.B.C) Trust was institutionalized in the year 1990 by a group of academicians, professionals and grass-root level activists for building a habitable society ensuring justice and equality for women and children.
The turning point for the organization came with a case of a ten year old
Bangladeshi girl who was trafficked to Delhi and bore the agony of sexual abuse
at the hands of her traffickers, local civilians and even policemen. The
President of RBC Trust, Prof. Roma Debabrata got associated with the case as a
translator for the Bengali speaking girl at the court of law. This case went on
for years and winded through local courts up to the highest of the land – the
Supreme Court of India. The struggle to bring justice to the girl led to the
birth of a movement. With the vision to eradicate all forms of oppression,
atrocities and violence practised and propagated against women and children
across different sections of society, R.B.C Trust launched a global movement
STOP (STOP Trafficking and Oppression of Children & Women) in 1997 to
combat all forms of exploitation and abuse.
STOP practices a right based holistic approach with special focus on combating human trafficking in both curative and preventive ways by attacking all forms of violence against women and children in Delhi, India and along the trans national borders of Nepal and Bangladesh.
WHAT THEY DO
· Organize and conduct rescue operations of trafficking victims from different highly exploitative situations
· Provide survivors with appropriate and safe accommodation, trauma counselling services, medical assistance and legal aid
· Assist in the repatriation and restoration processes of foreign and Indian citizens who have become victims of trafficking
· Support and encourage children of vulnerable communities and survivors of violence to engage in formal and/or non formal educational services as well as in professional and vocational trainings
· Create women’s self-help groups to empower and assist the survivors in gaining access to employment opportunities
· Advocate for the improvement of legal policies about issues related to its fields of activity
· Advocate for a safe environment and educates the young and adults for a self-reliant society, making women more vigilant and to break the supply channel of human trafficking at the grass root level of vulnerable migrant majority areas
THEIR INITIATIVES
STOP has undertaken two primary initiatives in recent years:
Thousand Dreams
A women’s social enterprise of STOP (Stop Trafficking and Oppression against Children & Women), since 2015. Its objective is to launch a sustainable enterprise for vulnerable women and long-time survivors of trafficking and oppression to channelize their interests and skills into an income generating platform.
Thousand Dreams is expected to evolve as a leading social enterprise and a brand in the apparel sector and other accessories.
Its mission is to emerge as a market leader and ensure skills, dignity and rewarding livelihoods for first generation women who are vulnerable and transform them into agents of change.
Its specialties include all sorts of ladies and gents garments, Uniforms, apparel accessories, artificial jewelries/ cosmetic jewelries, bead works, bags and many other handicraft items.
Trainings are regularly held for the participants of the program. Master trainers from export houses, experiences fashion designers from India as well as from abroad, and in-house cutting & tailoring instructors impart trainings to the girls.
The experiences of the initiative have been rewarding. It has exported 1300 garments to Germany in 4 months, and provides for a regular supply of apparels and bead items to Fair Craft Shop, Germany, besides garments with recycled cloths to USA, and bangles and artificial jewelries to several export houses in India.
VOLUNTEERING AND
INTERNSHIPS
STOP seeks volunteers and interns who are passionate about ending violence of any form against children and women. If the passions and interest match with STOP’s missions, you can volunteer us in the following ways:
For Awareness
Generation:
Volunteer as a skilled writer in Blogs, Press Articles and widen STOP’s influence.
Reach out to celebrities, sports person and cine personalities and artists to raise awareness on Trafficking and the work of STOP.
Encourage Documentary Film makers to document field work, Artists to create Posters and material for awareness in Community.
Give Indian Post Graduates and Foreign University Student Interns opportunity to engage in short term projects on combating trafficking with STOP.
For Fundraising and
Social Media:
Design Social Media Intervention Campaigns for Fund generation
Help raise Individual and Corporate donations assuring exemption from Tax, under 80/G.
For Field Support:
Collaborate to support and bring more innovation to “Aashray” Home. Help raise endowments to make family home self-sustainable.
Help Local Women’s Self help group with business ideas and establishing market linkages.
Facilitate Capacity Building Workshops for beneficiaries on soft skill trainings etc.
Volunteers/interns are also welcome to propose their own workshops, lessons, events, and other projects for the beneficiaries of STOP. To volunteer/intern with STOP, please fill this sheet: Internship/Volunteer Form. We shall get back to you accordingly.
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
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Currency |
Unit
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INR |
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US Dollar |
1 |
INR 64.92 |
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UK Pound |
1 |
INR 90.23 |
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Euro |
1 |
INR 80.54 |
INFORMATION DETAILS
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Information
Gathered by : |
AKS |
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Analysis Done by
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NIS |
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Report Prepared
by : |
ARC |
SCORE FACTORS
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.