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MIRA INFORM REPORT
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Report No. : |
496017 |
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Report Date : |
09.03.2018 |
IDENTIFICATION DETAILS
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Name : |
SANLAAP INDIA |
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Registered
Office : |
38B Mahanirban Road, Kolkata - 700 029, West Bengal |
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Tel. No.: |
91-33-24653429/ 24662977 |
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Country : |
India |
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Financials (as
on) : |
Not Available |
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Year of
Establishment : |
1989 |
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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 : |
Society |
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Line of Business
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Subject is NGO for Girls Human Trafficking. [Confirmed by Management] |
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No. of Employees
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80 [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 : |
Subject
is a development organization that works towards correction of social imbalances,
which manifest in gender injustice and violence against woman and children. It runs
two homes for children rescued from, or vulnerable to, prostitution, a hostel
for young working women, and a receiving centre for girls rescued from
prostitution. The
organisation also works with the Panchayats in source areas for trafficking,
developing systems and mechanisms to protect vulnerable women and children
from being trafficked and to ensure safe passage for those migrating in search
of work or because of marriage. Sneha is
a home for girls rescued from prostitution, and the female children of women
engaged in prostitution who may be vulnerable to second-generation
prostitution. The home aims to allow the girls to assess their situation
while also dealing with various health issues. In the
year 1998, subject was given the responsibility for initiating the Integrated
Child Development Scheme programmes in the Red light areas of Kolkata. It has
set up child protection unit in Madhusudanpur along with Youth Program for
red light areas and more shelter homes. It’s documentation unit is well
equipped as a Resource Material Centre a treasure house of documents
related to Women’s and Children’s Rights. In 2007,
subject ensure a rescue of 30 children from Trafficking and Commercial Sexual
Exploitation. Its legal aid wing to pursue the speedy disposal of legal cases
involving girls living under state custody. Payments
seems to be usually correct. In view
of aforesaid, subject 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 [PARTIAL DETAILS]
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Name : |
Mr. Sanjay |
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Designation : |
Accountant |
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Contact No.: |
91-33-24653429 |
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Date : |
07.03.2018 |
LOCATIONS
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Registered Office : |
38B, Mahanirban Road, Kolkata - 700 029, West Bengal, India |
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Tel. No.: |
91-33-24653429/ 24662977 |
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Fax No.: |
91-33-24653395 |
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E-Mail : |
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Website: |
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Area : |
500 Sq. Ft. |
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Location : |
Owned |
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Locality : |
Residential |
MANAGEMENT
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Name : |
Mr. Pinakin Ranjan Sinha |
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Designation : |
Member |
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Name : |
Mr. Tapati Bhoomic |
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Designation : |
Member |
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Name : |
Mr. Ramadas Dutta |
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Designation : |
Member |
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Name : |
Ms. Shrawani Goswami |
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Designation : |
Member |
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Name : |
Ms. Rohima Khatum |
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Designation : |
Member |
KEY EXECUTIVES
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Name : |
Mr. Sanjay |
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Designation : |
Accountant |
BUSINESS DETAILS
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Line of Business : |
Subject is NGO for Girls Human Trafficking. [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 : |
End Users
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No. of Employees : |
80 [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 Indian INR Million]
NOT DIVULGED
The above information has been declined by Mr. Sanjay (Accountant)
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 |
Yes |
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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 |
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35 |
Negative Reporting by Auditors in the
Annual Report |
No |
WEBSITE DETAILS
1987-1989 – Sanlaap was formed and registered under the Societies Registration Act’1860.
1989 – Conducted a study of sexually abused girl children in the red light areas of Kolkata, South and North 24 Paraganas supported by NORAD.
1992 – First Drop in Center started at Landsdowne. # Drop in centers started at Kalighat (inaugurated by the Commissioner of Police).
1993 – Sneha, the first shelter home (Short stay) started. # Srijoni Vocational training and Income generation program initiated at Sanlaap.
1995 – Bagerhat Eviction was stopped with a court stay order obtained by the efforts of Sanlaap and eviction of women and children from the red light area was stopped. # Sanlaap’s Documentation Unit (in its present form) was set up.
Sanlaap was notified under the Juvenile Justice Act to restore, repatriate and rehabilitate victims of trafficking. # Entry into Government run homes to extend SANLAAP’s services beginning with educational support.
1996 – A structured Mental Health Intervention Program for the trafficked persons was initiated. # Legal Aid department Salah was initiated to provide legal assistance.
1997 – First Issue of JONAKI, Sanlaap’s English Newsletter was published.
First performance of SANVED was organized. # National Award for Child Welfare from the President of India was received.
1998 – Sanlaap was given the responsibility of initiating the Integrated Child Development Scheme programmes in the Red light areas of Kolkata.
Campaign and Advocacy department i.e Sahayog was setup.
1999 – First Child Protection unit was set up in Madhusudanpur, 24 Parganas South. # Youth Program was initiated in the red light areas and in the shelter homes.
2000 – SANVED, a platform for art and advocacy was born. # Best Women’s Organization was conferred by the National Commission for Women. # Biggest shelter home of Sanlaap was set up at Narendrapur.
2001 – Began informally working with the Panchayats.
2002 – Sundar Support Group of Women in Prostitution was formed.
Sensitisation of Block Development Officers was initiated. # Setting up of a Working Girls hostel was completed.
2003 – Indrani Sinha was invited by UNMIK to set up systems for addressing the issue of trafficking in Kosovo.
Swadhar pilot project was started.
Sensitisation of District Administration and Training of local Community based organisations and NGOs based in the districts of West Bengal was initiated.
2004 – Started working with 27 Community based organistions in nine districts of West Bengal as a part of their Campaign program. # Set up ‘Samvav’ – a centre for young adults from the different red light areas. # Sanlaap started involving youth volunteers from other countries. # Sanlaap participated in London and Wales as a part of Christian Aid’s initiative. # Sanved performed at International Dance Therapy Conference in the USA.
2005 – SANLAAP has been able to successfully initiate and implement the Child Protection (CP) Programme in the 9 Districts of West Bengal. # Currently there are 87 CP Units reaching out to as many as 2,700 children, who are vulnerable to Trafficking and CSEC.
Through an interesting development, under the Economic Reintegration of Survivors of Trafficking Programme, SANLAAP has forged MoUswith different CorporateHouses and Nationalized Banks. Through these, several of their Youth Members (beneficiaries) have been linked to livelihood options and have got substantial earning.
Sanlaap published its second Training Manual with support from UNDP (the first one was on Child-friendly Policing with support from ECPAT in 2001). This manual covers the issues of Gender, Sex and Sexuality, HIV/AIDS, Migration and Trafficking.
Sanlaap is recognized as a competent Training Institution and is doing regular training programs for the Police training Academy, Judges Training College, the Border Security Force and for ICDS Anganwadi workers and CDPO’s. # It is a matter of great pride that an NGO i.e; Sanlaap has been accepted at all these Government Institutions (and Mechanisms) as a specialized organization impairing training on the above mentioned issues.
As many as 100 Youth Group Members have been trained as Peer Supporters and Youth Advocates. This forms a Core Group of Youth Activities that Sanlaap is working with.
Another innovative program that has been initiated this year is the Bridges Project in partnership with ICFAI Management School. Through this program 8 of their Youth Members have graduated in the first batch of 2005.
2006 – Sanlaap started its first formal school in October 2006. # A unique venture and the first of its kind globally.
614 police officers were trained on Trafficking and Child Protection issues from the districts of Darjeeling and Kolkata.
YOU(TH) SPEAK: a youth led advocacy platform was created, where 100 youth delegates from the marginalized sections from across India prepared and later presented their recommendations on core issues of Education, Protection, Development and Participation before policy makers and bureaucrats.
3 transit Homes have been setup by Sanlaap in partnership with district based partner organizations in South 24 Paraganas, Darjeeling and Jalpaiguri for vulnerable girl children, with support from Sanlaap. # Around 226 children are enrolled in formal education classes where 1000 odd students are pursuing Non-Formal (Life skills and Functional) Education.
The Maharashtra Government had involved Sanlaap, Namely Ms. Indrani Sinha (Executive Director) with other members to prepare the “State Plan of Action” on trafficking for Maharashtra.
2007 – Sanlaap intervened, for the very first time, in the district of Midnapore, West Bengal and districts of Nawada and Vaishali in Bihar thus addressing a unique set of vulnerabilities with specific focus of Girl Child Trafficking for Commercial Sexual Exploitation and Child Domestic Work. # The number of missing children as tracked by the Sanlaap’s partner organizations in the Districts in the year 2007 was 310.
Sanlaap launches Care and Protection Advocacy Initiative in Bihar: 100 participants from Bihar and Jharkhand (including Minister of Health and Minister of Youth and Cultural Affairs, State Govt. of Bihar, UN representatives and NGO, Government and Media Representatives) gathered to discuss the existing services of care and protection for the victims of trafficking in the state of Bihar.
The Sanlaap Research on existing services has also been initiated.
366 police persons were trained by Sanlaap’s in-house resource person from 8 districts of West Bengal. # The Sanlaap Youth Program is working with a core group of 150 youth members from Sanlap’s DIC and shelter Homes who in turn reach out to 350 children and young people every week.
The Green Band Campaign was launched on the occasion of World Youth Day, 12th August, as a symbol of youth participation in the fight against trafficking and commercial sexual exploitation of children. # 16 young people from Sanlaap along with other youth representatives from Nepal and Bangladesh participated in a High Level Regional Consultation held in Nepal and other representatives of the South Asian Governments, NGO’s, UN Agencies and INGO’s.
Sanlaap in 2007 has ensured the Rescue of 30 children from Trafficking and Commercial Sexual Exploitation, In-country Reintegration of 54 children and Repatriation (to Bangaldesh) of 19 children. # Sanlaap’s process of repatriation of its children to Bangladesh has been accepted by the West Bengal Government as a standard model for Repatriation. # Most importantly, Sanlaap has played the role of a key facilitator in the process of developing and formalizing the Standard Operational Procedures (SOP) for Repatriation through a bilateral agreement between the Government of India and Bangladesh.
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 : |
PNM |
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Analysis Done by
: |
VIK |
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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
|
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 |
|
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 |
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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.