|
|
|
MIRA INFORM REPORT
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Report No. : |
496157 |
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Report Date : |
10.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
ACME CLEANTECH SOLUTIONS PRIVATE LIMITED (w.e.f.24.03.2015) |
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Formerly Known
As : |
ACME CLEANTECH SOLUTIONS LIMITED (w.e.f. 22.02.2013) ACME TELE POWER LIMITED (w.e.f. 29.06.2005) ACME TELE POWER PRIVATE LIMITED |
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Registered
Office : |
Plot No. 152, Sector 44, Gurugram – 122002, Haryana |
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Tel. No.: |
91-124-7117000 |
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Country : |
India |
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Financials (as
on) : |
31.03.2016 |
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Date of
Incorporation : |
14.01.2003 |
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Com. Reg. No.: |
05-035026 |
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Capital
Investment / Paid-up Capital : |
INR 369.696 Million |
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|
|
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CIN No.: [Company Identification
No.] |
U64202HR2003PTC035026 |
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IEC No.: |
Not Divulged |
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TAN No.: [Tax Deduction &
Collection Account No.] |
RTKA03044G |
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PAN No.: [Permanent Account No.] |
AAECA0914A |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Manufactured by the Company are Power Interface Unit
(PIU), Passive Cooling Material (PCM), AC/DC Energy Meters and Air Cooling Unit
which are being sold separately or as composite units in the form of Green
Shelters and Outdoor Shelters used in the Telecom Industry. Further, the
Company provides services of Installation/ AMC for own products, services
under Operation & Maintenance for passive infrastructure and SME
services. The Company also operates as Turn Key solution provider to wireless
telecom industry. [Registered
Activity] |
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|
|
|
No. of Employees
: |
Information denied 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 |
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Maximum Credit Limit : |
USD 3700000 |
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Status : |
Good |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 2003. It is a manufacturer and trader of all types and instruments like
Rader Equipment, Electronic Equipment, and Computer Peripherals and also
service provider of installation and AMC for own products, service under
operations and maintenance for passive infrastructure and SME services. For the financial year 2016, there has been massive growth in its
revenue by 103.89% along with fair profit margin of 9.60%. Rating takes into consideration healthy financial position of the
company is marked by its strong networth base along with negligible debt
level. Business is active. Payment seems to be regular. However, these rating strength are partially offset by unfavorable gap
between trade payables and trade receivable. In view of aforesaid, the company can be considered for good business
dealings at usual trade terms and conditions. Note: As per the
Registrar of Companies date of balance sheet (i.e. financial filed) is shown
is 31.03.2017 but documents related to financial for the year 31.03.2017 are not
available from any sources. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (31.12.2016) |
Current Rating (31.03.2017) |
|
India |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE RATING |
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Rating |
Long Term Bank Facilities = BBB+ |
|
Rating Explanation |
Moderate degree of safety and moderate
credit risk |
|
Date |
07.10.2016 |
|
Rating Agency Name |
CARE RATING |
|
Rating |
Short Term Bank Facilities = A2 |
|
Rating Explanation |
Strong degree of safety and low credit risk |
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Date |
07.10.2016 |
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 10.03.2018.
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
Management Non-Cooperative [Tel. No.: 91-124-7117000]
LOCATIONS
|
Registered /
Corporate/ Head Office : |
Plot No. 152, Sector 44, Gurugram – 122002, Haryana, India |
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Tel. No.: |
91-124-7117000 |
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Fax No.: |
91-124-7117001 / 47618484 |
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E-Mail : |
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Website: |
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Branches: |
Locations - North
Locations – East
Locations - South
Locations - West
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DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Manoj Kumar Upadhyay |
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Designation : |
Director |
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Address : |
F-49, 2nd Floor, Tulip Garden, Sushant Lok, Gurugram –
122002, Haryana, India |
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Date of Birth/Age : |
01.06.1970 |
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Date of Appointment : |
01.10.2014 |
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DIN No. : |
01282332 |
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Other Directorship:
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Name : |
Mrs. Mamta Upadhyay |
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Designation : |
Director |
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Address : |
F-49, 2nd Floor, Tulip Garden, Sushant Lok, Gurugram –
122002, Haryana, India |
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Date of Birth/Age : |
06.06.1974 |
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Date of Appointment : |
30.09.2010 |
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DIN No. : |
01285751 |
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Other Directorship:
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Name : |
Mr. Ankur Kumar |
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Designation : |
Director |
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Address : |
DB -73/C Hari Nagar, New Delhi – 110064, India |
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Date of Appointment : |
09.03.2017 |
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DIN No.: |
06990479 |
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Other Directorship:
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Name : |
Vikas Deep Gupta |
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Designation : |
Nominee Director |
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Address : |
1101, Olive Building, Dosti Acres Wadala (East), Mumbai –
400037, Maharashtra, India |
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Date of Appointment : |
18.09.2017 |
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DIN No.: |
01763472 |
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KEY EXECUTIVES
|
Name : |
Mr. Rajesh Sodhi |
|
Designation : |
Company Secretary |
|
Address : |
7/113 Block -7, Ramesh Nagar, New Delhi – 110015, India |
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Date of Birth/Age : |
01.05.1967 |
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Date of Appointment : |
06.09.2010 |
|
PAN No.: |
AGZPS3457N |
|
|
|
|
Name : |
Mr. Rajbir Singh Chawla |
|
Designation : |
Chief Financial Officer |
|
Address : |
House No. 698, Phase VI, SAS Nagar, Mohali – 161005, Punjab, India |
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Date of Birth/Age : |
23.10.1962 |
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Date of Appointment : |
02.06.2014 |
|
PAN No.: |
AAJPC9494P |
MAJOR SHAREHOLDERS
AS ON 31.03.2017
|
Names of Equity Shareholders |
No. of Shares |
|
|
Mamta Upadhyay |
|
25418400 |
|
Manoj Kumar Upadhyay |
|
16382100 |
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Kishan Milan Upadhyay |
|
210000 |
|
Pradip Kumar Dey |
|
24990 |
|
R Balaram |
|
64995 |
|
Chandrakant R Mahangade |
|
18690 |
|
G Prasanna |
|
12425 |
|
Krishna Kant
Tripathy |
|
18725 |
|
Reeta Tyagi |
|
12425 |
|
Navrattan Mahani |
|
19950 |
|
Mku Holdings
Private Limited, India |
|
132041718 |
|
VRS Infotech Private Limited, India |
|
573436 |
|
|
|
|
|
Total |
|
174797854 |
AS ON 31.03.2017
|
Names of Preference Shareholders |
No. of Shares |
|
|
MKU Holdings Private
Limited, India |
|
2000000 |
|
|
|
|
Equity Share Break up (Percentage of Total Equity)
AS ON 29.09.2017
|
Category |
Percentage |
|
Promoters- Individual/Hindu Undivided Family- Indian |
24.03 |
|
Promoters- Body corporate |
75.54 |
|
Public/Other than promoters- Individual/Hindu Undivided Family- Indian |
0.10 |
|
Public/Other than promoters - Body corporate |
0.33 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufactured by the Company are Power Interface Unit
(PIU), Passive Cooling Material (PCM), AC/DC Energy Meters and Air Cooling Unit
which are being sold separately or as composite units in the form of Green
Shelters and Outdoor Shelters used in the Telecom Industry. Further, the
Company provides services of Installation/ AMC for own products, services
under Operation & Maintenance for passive infrastructure and SME
services. The Company also operates as Turn Key solution provider to wireless
telecom industry. [Registered
Activity] |
||||||
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|
||||||
|
Products / Services
: |
|
||||||
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||||||
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Brand Names : |
Not Available |
||||||
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||||||
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Agencies Held : |
Not Available |
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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 : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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|
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No. of Employees : |
Information denied by the management |
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Bankers : |
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|||||||||||||||||||||||||||
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Facilities : |
(INR
In Million)
|
|
Auditors : |
|
|
Name : |
Mehra Khanna and Company Chartered Accountants |
|
Address : |
1591, 3rd Floor, Outram Lines, Kingsway Camp, Delhi – 110009, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAGFA5893D |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Holding Company : [AS
ON 31.03.2016] |
MKU Holdings Private Limited U25206DL2005PTC131813 |
|
|
|
|
Associate : [AS ON
31.03.2016] |
Acme Solar Energy Private Limited U74140HR2010PTC041538 |
|
|
|
|
Subsidiary Company
: [AS ON 31.03.2016] |
U71290DL2006PLC151280
U40105HR2009PTC038901
U40104HR2009PTC039681
U40106HR2014PTC051647
U32109HR2008PTC038030
U40300HR2014PTC053995
U40104HR2014PTC053996
U40300HR2014PTC053674
U40106HR2015PTC054379
U40106HR2015PTC054308
U40106HR2014PTC051626
U40108HR2015PTC054290
U40106HR2014PTC051645 |
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|
|
|
Fellow Subsidiary
Company : [AS ON 31.03.2016] |
U11103DL2006PTC151658
U40109DL2006PTC151281 |
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key management
personnel and their relatives : [AS ON 31.03.2016] |
U72900DL2006PTC147588
U40106RJ2010PTC031977
U40104DL2006PTC152811
U40106HR2015PTC055641 |
CAPITAL STRUCTURE
AS ON 29.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
260000000 |
Equity Shares |
INR 2/- each |
INR 520.000 Million |
|
2000000 |
Preference Shares |
INR 10/- each |
INR 20.000 Million |
|
|
Total |
|
INR 540.000
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
174797854 |
Equity Shares |
INR 2/- each |
INR 349.600 Million |
|
2000000 |
Preference Shares |
INR 10/- each |
INR 20.000 Million |
|
|
Total |
|
INR 369.600
Million |
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
369.600 |
421.700 |
384.100 |
|
(b) Reserves &
Surplus |
12649.200 |
10703.800 |
9460.200 |
|
(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) |
13018.800 |
11125.500 |
9844.300 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
1002.100 |
4.700 |
4.800 |
|
(b) Deferred tax
liabilities (Net) |
51.300 |
101.900 |
0.000 |
|
(c) Other long term
liabilities |
35.600 |
8.400 |
0.000 |
|
(d) long-term provisions |
40.200 |
28.500 |
24.800 |
|
Total Non-current Liabilities
(3) |
1129.200 |
143.500 |
29.600 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
500.000 |
762.100 |
1303.500 |
|
(b) Trade payables |
3337.500 |
4224.600 |
848.900 |
|
(c) Other current
liabilities |
5286.200 |
2879.800 |
1140.400 |
|
(d) Short-term provisions |
521.900 |
33.100 |
10.900 |
|
Total Current Liabilities
(4) |
9645.600 |
7899.600 |
3303.700 |
|
|
|
|
|
|
TOTAL |
23793.600 |
19168.600 |
13177.600 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
551.800 |
647.000 |
1019.000 |
|
(ii) Intangible Assets |
8.100 |
14.200 |
23.800 |
|
(iii) Capital
work-in-progress |
1.900 |
598.600 |
678.200 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.200 |
|
(b) Non-current
Investments |
11538.500 |
8377.600 |
4778.900 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
-79.900 |
|
(d) Long-term Loan and Advances |
1289.700 |
2752.300 |
1791.800 |
|
(e) Other Non-current
assets |
415.400 |
0.100 |
0.000 |
|
Total Non-Current Assets |
13805.400 |
12389.800 |
8212.000 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
30.000 |
860.000 |
30.000 |
|
(b) Inventories |
698.200 |
1352.200 |
1197.200 |
|
(c) Trade receivables |
2762.200 |
2470.800 |
1852.300 |
|
(d) Cash and cash
equivalents |
718.700 |
1272.300 |
103.600 |
|
(e) Short-term loans and
advances |
5420.200 |
259.300 |
1017.200 |
|
(f) Other current assets |
358.900 |
564.200 |
765.300 |
|
Total Current Assets |
9988.200 |
6778.800 |
4965.600 |
|
|
|
|
|
|
TOTAL |
23793.600 |
19168.600 |
13177.600 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
||
|
|
SALES |
|
|
|
||
|
|
|
Income |
20254.800 |
9933.700 |
4689.700 |
|
|
|
|
Other Income |
216.900 |
112.600 |
161.300 |
|
|
|
|
TOTAL |
20471.700 |
10046.300 |
4851.000 |
|
|
|
|
|
|
|
||
|
Less |
EXPENSES |
|
|
|
||
|
|
|
Cost of Materials Consumed |
13548.500 |
7583.700 |
2448.800 |
|
|
|
|
Purchases of Stock-in-Trade |
0.000 |
0.000 |
4.100 |
|
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
412.500 |
81.000 |
77.400 |
|
|
|
|
Employees benefits expense |
658.000 |
443.400 |
434.100 |
|
|
|
|
CSR Expenditure |
2.700 |
2.000 |
0.000 |
|
|
|
|
Other expenses |
2642.200 |
1169.100 |
1238.000 |
|
|
|
|
Prior Period Items |
0.000 |
5.700 |
2.200 |
|
|
|
|
Exceptional items |
0.000 |
0.000 |
12.700 |
|
|
|
|
TOTAL |
17263.900 |
9284.900 |
4217.300 |
|
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
3207.800 |
761.400 |
633.700 |
||
|
|
|
|
|
|
||
|
Less |
FINANCIAL
EXPENSES |
203.800 |
77.600 |
79.500 |
||
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION |
3004.000 |
683.800 |
554.200 |
||
|
|
|
|
|
|
||
|
Less |
DEPRECIATION/
AMORTISATION |
83.400 |
101.500 |
80.700 |
||
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
BEFORE TAX |
2920.600 |
582.300 |
473.500 |
||
|
|
|
|
|
|
||
|
Less |
TAX |
975.100 |
220.400 |
160.000 |
||
|
|
|
|
|
|
||
|
|
PROFIT/(LOSS)
AFTER TAX |
1945.500 |
361.900 |
313.500 |
||
|
|
|
|
|
|
||
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
||
|
|
|
F.O.B. Value of Exports |
0.000 |
78.400 |
130.000 |
|
|
|
TOTAL EARNINGS |
0.000 |
78.400 |
130.000 |
||
|
|
|
|
|
|
||
|
|
IMPORTS |
|
|
|
||
|
|
|
Raw Materials |
8237.600 |
4181.900 |
118.000 |
|
|
|
TOTAL IMPORTS |
8237.600 |
4181.900 |
118.000 |
||
|
|
|
|
|
|
||
|
|
Earnings /
(Loss) Per Share (INR) |
8.87 |
1.88 |
1.63 |
||
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
2.600 |
2.300 |
2.100 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
820.200 |
5010.500 |
211.700 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Operating Income * 365 Days) |
314.30 |
1184.45 |
1066.89 |
|
|
|
|
|
|
Account Receivables Turnover (Operating Income / Sundry Debtors) |
1.16 |
0.31 |
0.34 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
89.91 |
203.33 |
126.32 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
4.59 |
0.56 |
0.53 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
5.71 |
0.60 |
0.37 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.45 |
0.41 |
0.25 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.12 |
0.07 |
0.13 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.74 |
0.71 |
0.34 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.04 |
0.11 |
0.17 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
15.74 |
9.81 |
7.97 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PBT / Operating Income) * 100) |
% |
9.61 |
3.64 |
6.68 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
8.18 |
1.89 |
2.38 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
14.94 |
3.25 |
3.18 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.04 |
0.86 |
1.50 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.96 |
0.69 |
1.14 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.55 |
0.58 |
0.75 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
4.07 |
1.82 |
3.41 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.04 |
0.86 |
1.50 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Share Capital |
384.100 |
421.700 |
369.600 |
|
Reserves & Surplus |
9460.200 |
10703.800 |
12649.200 |
|
Net worth |
9844.300 |
11125.500 |
13018.800 |
|
|
|
|
|
|
long-term borrowings |
4.800 |
4.700 |
1002.100 |
|
Short term borrowings |
1303.500 |
762.100 |
500.000 |
|
Current Maturities of
Long term debt |
2.100 |
2.300 |
2.600 |
|
Total borrowings |
1310.400 |
769.100 |
1504.700 |
|
Debt/Equity ratio |
0.133 |
0.069 |
0.116 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Sales |
4689.700 |
9933.700 |
20254.800 |
|
|
|
111.820 |
103.900 |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Sales |
4689.700 |
9933.700 |
20254.800 |
|
Profit |
313.500 |
361.900 |
1945.500 |
|
|
6.68% |
3.64% |
9.61% |
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 |
No |
|
8 |
Designation of contact person |
No |
|
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 |
Yes |
|
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 |
No |
|
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 |
Yes |
|
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 |
CORPORATE INFORMATION
ACME Cleantech Solutions Private Limited, Formerly ACME Cleantech Solutions Limited, conversion in name has been effected vide SRN C46923835 dated 24/03/2015 of Registrar of Companies, GOI, Ministry of corporate affairs, Delhi (the Company) was incorporated in January 2003 to provide support in the area of power augmentation mainly related to Telecom Infrastructure & Solar power projects. Primary products manufactured by the Company are Power Interface Unit (PIU), Passive Cooling Material (PCM), AC/DC Energy Meters and Air Cooling Unit which are being sold separately or as composite units in the form of Green Shelters and Outdoor Shelters used in the Telecom Industry. Further, the Company provides services of Installation/ AMC for own products, services under Operation and Maintenance for passive infrastructure and SME services. The Company also operates as ‘Turn Key solution provider’ to wireless telecom industry. The Company mainly operates through
its unit in Pant Nagar (Uttarakhnad).
Company is also poised to diversify aggressively in Energy Conservation, Energy Management and Energy Generation segment of market. Besides these generation units, Company also undertakes EPC (Engineering Procurement, Construction) & O&M (Operation & Maintenance) of solar power plants, which includes setting up of solar power project from layout plant to inspection of equipment.
INDEX OF CHARGE:
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G45558848 |
100101979 |
PTC INDIA FINANCIAL SERVICES LIMITED |
31/05/2017 |
- |
- |
1000000000.0 |
7th Floor, Telephone Exchange Building8 Bhikaji Cama PlaceNew DelhiDe110066IN |
|
2 |
G45560497 |
100102188 |
PTC INDIA FINANCIAL SERVICES LIMITED |
31/05/2017 |
- |
- |
665000000.0 |
7th Floor, Telephone Exchange Building8 Bhikaji Cama PlaceNew DelhiDe110066IN |
|
3 |
G46482311 |
100104385 |
RELIANCE COMMERCIAL FINANCE LIMITED |
16/05/2017 |
- |
- |
440000000.0 |
Reliance Centre, 6th Floor, South Wing,Off. Western Express Highway, Santacruz (East)MumbaiMa400055IN |
|
4 |
G40360000 |
100088196 |
RELIANCE CAPITAL LTD |
07/03/2017 |
07/03/2017 |
- |
1000000000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMa400710IN |
|
5 |
G13886775 |
100053333 |
AXIS BANK LTD. |
24/08/2016 |
- |
- |
700000000.0 |
2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS,GOLE MARKET, BHAI VEER SINGH MARG,NEW DELHIDL110001IN |
|
6 |
G41159484 |
100043415 |
AXIS TRUSTEE SERVICES LIMITED |
25/07/2016 |
27/03/2017 |
- |
4990000000.0 |
AXIS HOUSE, BOMBAY DYEING MILLSCOMPOUND, PANDHURANG BUDHKAR MARG, WORLIMUMBAIMa400025IN |
|
7 |
G06460240 |
100016738 |
RELIANCE CAPITAL LTD |
22/03/2016 |
09/06/2016 |
- |
1000000000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMH400710IN |
|
8 |
G40253213 |
10605214 |
RELIANCE CAPITAL LTD |
10/11/2015 |
07/03/2017 |
- |
500000000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMa400710IN |
|
9 |
C80989221 |
10602774 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
2497700000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
10 |
C80979073 |
10601955 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
1877800000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
11 |
C80990484 |
10602771 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
1877800000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
12 |
C80978323 |
10601952 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
1253700000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
13 |
C80990039 |
10602773 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
1253700000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
14 |
C80987886 |
10602765 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
1253800000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
15 |
C80975469 |
10601945 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
3131600000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
16 |
C80976491 |
10601946 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
1253800000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
17 |
C80977283 |
10601947 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
2497700000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
18 |
C80987274 |
10602775 |
SBICAP TRUSTEE COMPANY LIMITED |
07/11/2015 |
25/02/2016 |
- |
3131600000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
19 |
G37341195 |
10600114 |
INDUSIND BANK LTD. |
24/09/2015 |
03/02/2017 |
- |
1000000000.0 |
2401 GEN THIMMAYYA ROADCONTONMENTPUNEMa411001IN |
|
20 |
G44268001 |
10618408 |
PTC INDIA FINANCIAL SERVICES LIMITED |
31/12/2015 |
15/01/2016 |
22/05/2017 |
565000000.0 |
7th Floor, Telephone Exchange Building8 Bhikaji Cama PlaceNew DelhiDL110066IN |
|
21 |
G44268746 |
10618355 |
PTC INDIA FINANCIAL SERVICES LIMITED |
31/12/2015 |
15/01/2016 |
22/05/2017 |
850000000.0 |
7th Floor, Telephone Exchange Building8 Bhikaji Cama PlaceNew DelhiDL110066IN |
|
22 |
G43853092 |
10590514 |
PTC INDIA FINANCIAL SERVICES LIMITED |
27/08/2015 |
- |
28/04/2017 |
1650000000.0 |
7th Floor, Telephone Exchange Building8 Bhikaji Cama PlaceNew DelhiDL110066IN |
|
23 |
G39801741 |
100072307 |
SBICAP TRUSTEE COMPANY LIMITED |
21/12/2016 |
- |
07/03/2017 |
1440000000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMa400005IN |
|
24 |
G35171420 |
100023833 |
IDBI TRUSTEESHIP SERVICES LIMITED |
25/04/2016 |
- |
06/02/2017 |
2961000000.0 |
Asian Bldg., Ground Floor, 17, R.Kamani Marg,Ballard EstateMumbaiMH400001IN |
|
25 |
G35519685 |
100023834 |
IDBI TRUSTEESHIP SERVICES LIMITED |
25/04/2016 |
- |
06/02/2017 |
1729000000.0 |
Asian Bldg., Ground Floor, 17, R.Kamani Marg,Ballard EstateMumbaiMH400001IN |
|
26 |
G03158136 |
10234100 |
State Bank of India |
04/08/2010 |
15/05/2015 |
04/05/2016 |
700000000.0 |
Commercial Branch6th Floor Palm Court ,Mehrauli Gurgaon RoadGurgaonHR122001IN |
|
27 |
C62114228 |
10570397 |
Axis Bank Limited |
23/05/2015 |
- |
28/07/2015 |
1200000000.0 |
2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS,GOLE MARKET, BHAI VEER SINGH MARG,NEW DELHIDL110001IN |
|
28 |
C58847906 |
10395407 |
DENA BANK |
04/12/2012 |
- |
14/07/2015 |
600000000.0 |
Corporate Business BranchE 13/29 Harsha Bhawan, Connaught CircusNew DelhiDL110001IN |
|
29 |
B93641504 |
10028931 |
Standard Chartered Bank |
09/11/2006 |
16/11/2012 |
02/01/2014 |
350000000.0 |
C D UNARAIN MANZIL, 23 BARAKHAMBA ROADNEW DELHIDL110001IN |
|
30 |
B93676013 |
10432012 |
RELIANCE CAPITAL LTD |
04/06/2013 |
21/06/2013 |
27/12/2013 |
300000000.0 |
"H" BLOCK 1ST FLOORDhirubhai Ambani Knowledge City, KoparkhairneNavi MumbaiMH400710IN |
|
31 |
B81859340 |
10237209 |
Axis Bank Limited |
19/07/2010 |
22/03/2011 |
08/08/2013 |
1150000000.0 |
Statesman House2nd Floor, 148 Barakhamba RoadNew DelhiDL110001IN |
|
32 |
B77034940 |
10359948 |
DENA BANK |
07/05/2012 |
- |
23/05/2013 |
227500000.0 |
CORPORATE BANKING BRANCHE 13/29,G.F. HARSHA BHAWAN,CANNAUGHT PLACEDELHIDL110001IN |
|
33 |
B41682030 |
10216332 |
The Hongkong and Shanghai Banking Corporation Limited |
19/03/2010 |
- |
11/06/2012 |
600000000.0 |
Birla House25 Barakhamba RoadNew DelhiDL110001IN |
|
34 |
B41649278 |
10062368 |
Citibank N.A. |
30/07/2007 |
16/02/2009 |
08/06/2012 |
600000000.0 |
Jeevan Vihar, 3 Sansad MargNew DelhiDL110001IN |
|
35 |
B29693868 |
10019859 |
HDFC Bank LTD |
21/08/2006 |
10/02/2010 |
22/12/2011 |
900000000.0 |
HDFC BAnk House,Vatika AtriumSector -53Golf Course RoadHR122002IN |
|
36 |
A97008403 |
10040862 |
Citibank NA |
02/03/2007 |
- |
20/10/2010 |
450000000.0 |
Jeevan Vihar3 Sansad MargNew DelhiDL110001IN |
|
37 |
A81302457 |
10150024 |
Punjab National Bank |
16/03/2009 |
- |
10/03/2010 |
750000000.0 |
L-4 Connaught PlaceNew DelhiDL110001IN |
|
38 |
A78950664 |
10066048 |
ABN AMRO BANK N.V |
25/07/2007 |
25/07/2008 |
02/02/2010 |
600000000.0 |
Hansalaya Building15, Barakhamba RoadNEW DELHIDL110046IN |
|
39 |
A63844245 |
10013629 |
CENTURION BANK OF PUNJAB LIMITED |
29/06/2006 |
07/07/2007 |
27/05/2009 |
450000000.0 |
M-39,CONNAUGHT CIRCUSNEW DELHINEW DELHIDL100001IN |
|
40 |
A28932028 |
10013585 |
CENTURION BANK OF PUNJAB LTD |
29/06/2006 |
- |
17/12/2007 |
300000000.0 |
M-39,CONNAUGHT CIRCUSNEW DELHINEW DELHIDL110001IN |
|
41 |
A25392317 |
10012293 |
CITIBANK N.A. |
31/05/2006 |
- |
27/09/2007 |
300000000.0 |
JEEVAN VIHAR BUILDING3 SANSAD MARG,NEW DELHIDL110001IN |
|
42 |
A25392192 |
10009105 |
CITIBANK N.A. |
31/05/2006 |
- |
27/09/2007 |
300000000.0 |
JEEVAN VIHAR BUILDING3 SANSAD MARG,NEW DELHIDL110001IN |
|
43 |
A04369401 |
90044114 |
LORD KRISHNA BANK LTD. |
09/03/2004 |
27/10/2004 |
29/08/2006 |
57500000.0 |
NOIDANOIDAUPIN |
FIXED ASSETS:
- Land
- Buildings
- Office building
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipment
- Leasehold improvements
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 65.08 |
|
|
1 |
INR 89.85 |
|
Euro |
1 |
INR 80.16 |
INFORMATION DETAILS
|
Information
Gathered by : |
SAV |
|
|
|
|
Analysis Done by
: |
VAR |
|
|
|
|
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 |
YES |
|
--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 |
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.