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|
%2012-Mar-2018_files/image015.jpg){kind=small}
%2012-Mar-2018_files/image016.jpg)
%2012-Mar-2018_files/image018.gif)
MIRA INFORM REPORT
|
Report No. : |
496631 |
|
Report Date : |
12.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
EMCO DYESTUFF PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Unit No.304, 3rd Floor, Western Edge, Western Express
Highway, Dattapada Road, Borivali (East), Mumbai-400066, Maharashtra |
|
Tel. No.: |
91-22-42433333 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
03.04.1990 |
|
|
|
|
Com. Reg. No.: |
11-056053 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 4.001
Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24110MH1990PTC056053 |
|
|
|
|
IEC No.: |
0395029007 |
|
|
|
|
GST No.: |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACE1167D |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Trader of Dyes, Dye and Intermediates, Chemicals,
etc. [Registered Activity] |
|
|
|
|
No. of Employees
: |
Not Available |
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
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
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 12.03.2018.
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.
LOCATIONS
|
Registered/ Head Office : |
Unit No.304, 3rd Floor, Western Edge, Western Express
Highway, Dattapada Road, Borivali (East), Mumbai-400066, Maharashtra, India |
|
Tel. No.: |
91-22-42433333 |
|
Fax No.: |
91-22-42433366 |
|
E-Mail : |
|
|
Website: |
|
|
|
|
|
Factory : |
Shed No. C-1/B-2526, GIDC, Near Asian Paints Chokdi, Mandpeshwar Road, Ankleshwar-393002, Gujarat, India |
|
|
|
|
Branch Office 1 : |
201, Garadia House, 104, Kazi Sayad Street, Mumbai - 400003, Maharashtra, India |
|
|
|
|
Branch Office 2 : |
A-305, Aanal Tower, 5th Floor, Near Commerce Six Road, Navrangpura, Ahmedabad – 380009, Gujarat, India |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Arvind Kasturchand Shah |
|
Designation : |
Director |
|
Address : |
A-502, Pleasent Palace, Sodawala Lane Borivali (West), Mumbai
- 400092, Maharashtra, India |
|
Date of Birth/Age : |
20.11.1953 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
03.04.1990 |
|
PAN No.: |
ADRPS3887K |
|
DIN No.: |
00621676 |
|
|
|
|
Name : |
Mr. Prakashchandra Kasturchand Shah |
|
Designation : |
Director |
|
Address : |
B-302, Pleasant Palace, Sodawala Lane, Borivli -(West),
Mumbai - 400092, Maharashtra, India |
|
Date of Birth/Age : |
31.07.1963 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
03.04.1990 |
|
PAN No.: |
AAJPS2478K |
|
DIN No.: |
00617254 |
|
|
|
|
Name : |
Mr. Bipin Kasturchand Shah |
|
Designation : |
Director |
|
Address : |
402 Pleasant Palace, Sodawala Lane Borivali (West),
Mumbai, 400092, Maharashtra, India |
|
Date of Birth/Age : |
12.07.1958 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
03.04.1990 |
|
PAN No.: |
AAJPS2477G |
|
DIN No.: |
00621988 |
|
|
|
|
Name : |
Mr. Mukundchandra Kasturchand Shah |
|
Designation : |
Director |
|
Address : |
B-102 Pleasant Palace, Sodawala Lane Borivali, Mumbai -
400092, Maharashtra, India |
|
Date of Birth/Age : |
14.12.1955 |
|
Qualification : |
Graduate |
|
Date of Appointment : |
03.04.1990 |
|
PAN No.: |
AAQPS3693F |
|
DIN No.: |
00621783 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Bipin
Kasturchand Shah |
|
3595 |
|
Mukund
kasturchand shah |
|
3465 |
|
Prakash
Kasturchand Shah |
|
3890 |
|
Arvind
Kasturchand Shah |
|
1605 |
|
Kundan
Arvind Shah |
|
2000 |
|
Sweta
Prakash Shah |
|
3600 |
|
Reepa
S Shah |
|
500 |
|
Dipika
Bipin Shah |
|
3535 |
|
Bipin
K. Shah HUF |
|
10 |
|
Bharti
Mukund Shah |
|
2530 |
|
Mukund
K. Shah HUF |
|
10 |
|
Prakash
K. Shah HUF |
|
10 |
|
Sneha S. Shah |
|
500 |
|
Kinjal R. Shah |
|
1430 |
|
Sharmil
Arvind Shah |
|
1500 |
|
Arvind
K. Shah HUF |
|
2400 |
|
Sanket
Arvind Shah |
|
1500 |
|
Ruchir
Mukund Shah |
|
2565 |
|
Swapnil
Bipin Shah |
|
1950 |
|
Sminu B. Shah |
|
400 |
|
Sejal S. Shah |
|
515 |
|
Jainam P. Shah |
|
2500 |
|
|
|
|
|
Total |
|
40010 |
AS ON 30.09.2016
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters
– Individual/Hindu Undivided Family (Indian) |
100.00 |
|
|
|
|
Total |
100.00 |
%2012-Mar-2018_files/image020.gif)
BUSINESS DETAILS
|
Line of Business : |
Manufacturer and Trader of Dyes, Dye and Intermediates, Chemicals,
etc. [Registered Activity] |
||||
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|
||||
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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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||||
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Exports : |
Not Available |
||||
|
|
|
||||
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Imports : |
Not Available |
||||
|
|
|
||||
|
Terms : |
|
||||
|
Selling : |
Not Available |
||||
|
|
|
||||
|
Purchasing : |
Not Available |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
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|
||||||||||||||||||
|
Customers : |
|
||||||||||||||||||
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|
|
||||||||||||||||||
|
No. of Employees : |
Not Available |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Bankers : |
· The Hongkong and Shanghai Banking Corporation Limited Indiabulls Finance Centre, 25th Floor, Tower-3, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400013, Maharashtra, India · HDFC Bank Limited HDFC Bank Housesenapati Bapat Marg, Lower Parel (West), Mumbai - 400013, Maharashtra, India · Tamilnad Mercantile Bank Limited Goradia House; 1st Floor; 101-104 Kazi Sayed Street; Post
Box No. 3181; Mandvi, Mumbai-400003, Maharashtra, India |
||||||||||||||||||
|
|
|
||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
Shruti Shah and Company Chartered Accountants |
|
Address : |
502, Siddhagiri Apartments, Near Joy Hospital, D. K Sandu Marg, Chembur (East), Mumbai – 400071, Maharashtra, India |
|
Income-tax
PAN of auditor or auditor's firm : |
ABXFS4646L |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprises which are owned, or have
significant influence of or are partners with Key management personnel and
their relatives : |
· Ruchir Dye Chem · Kosha Chemtech Private Limited · Emco Engineering |
CAPITAL STRUCTURE
AS ON 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
INR 100/- each |
INR 5.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
40010 |
Equity Shares |
INR 100/- each |
INR 4.001
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in 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 |
4.001 |
4.001 |
4.001 |
|
(b) Reserves & Surplus |
100.241 |
96.387 |
87.342 |
|
(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) |
104.242 |
100.388 |
91.343 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
140.319 |
148.643 |
145.292 |
|
(b) Deferred tax liabilities (Net) |
3.032 |
3.032 |
3.032 |
|
(c)
Other long term liabilities |
1.144 |
0.550 |
0.450 |
|
(d)
long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
144.495 |
152.225 |
148.774 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
83.161 |
92.831 |
86.397 |
|
(b)
Trade payables |
103.642 |
117.489 |
142.751 |
|
(c)
Other current liabilities |
6.750 |
8.724 |
18.244 |
|
(d)
Short-term provisions |
0.141 |
2.198 |
2.229 |
|
Total
Current Liabilities (4) |
193.694 |
221.242 |
249.621 |
|
|
|
|
|
|
TOTAL |
442.431 |
473.855 |
489.738 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
61.544 |
66.019 |
63.780 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan
and Advances |
0.208 |
0.158 |
0.142 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
61.752 |
66.177 |
63.922 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
123.644 |
155.554 |
124.145 |
|
(c)
Trade receivables |
231.961 |
208.398 |
267.049 |
|
(d)
Cash and cash equivalents |
23.086 |
34.107 |
22.833 |
|
(e)
Short-term loans and advances |
0.993 |
1.632 |
4.687 |
|
(f)
Other current assets |
0.995 |
7.987 |
7.102 |
|
Total
Current Assets |
380.679 |
407.678 |
425.816 |
|
|
|
|
|
|
TOTAL |
442.431 |
473.855 |
489.738 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
1017.928 |
1067.589 |
1129.655 |
|
|
|
Other Income |
12.052 |
11.764 |
6.285 |
|
|
|
TOTAL (A) |
1029.980 |
1079.353 |
1135.940 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchases of Stock-in-Trade |
928.386 |
1023.716 |
1056.228 |
|
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
31.910 |
(31.409) |
(33.145) |
|
|
|
Employees benefits expense |
8.732 |
9.664 |
5.642 |
|
|
|
Other expenses |
29.652 |
29.922 |
51.680 |
|
|
|
TOTAL (B) |
998.680 |
1031.893 |
1080.405 |
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
31.300 |
47.460 |
55.535 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
19.153 |
27.448 |
23.884 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION
(C-D) (E) |
12.147 |
20.012 |
31.651 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION (F) |
6.722 |
6.793 |
4.002 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS) BEFORE TAX (E-F) (G) |
5.425 |
13.219 |
27.649 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
1.571 |
4.173 |
8.099 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS) AFTER TAX (G-H) (I) |
3.854 |
9.046 |
19.550 |
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
|
|
|
|
|
|
|
Export Earnings (FOB basis) |
3.212 |
0.763 |
94.547 |
|
|
TOTAL EARNINGS |
3.212 |
0.763 |
94.547 |
|
|
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
|
|
Raw Materials |
0.000 |
0.000 |
484.485 |
|
|
TOTAL IMPORTS |
0.000 |
0.000 |
484.485 |
|
|
|
|
|
|
|
|
|
|
Earnings/(Loss) Per Share (INR) |
96.00 |
226.00 |
489.00 |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
4.898 |
4.393 |
9.437 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
33.156 |
42.936 |
22.846 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
30.037 |
36.735 |
13.451 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
83.17 |
71.25 |
86.29 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
4.39 |
5.12 |
4.23 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
40.75 |
41.89 |
49.33 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.25 |
0.31 |
0.45 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.51 |
0.72 |
0.87 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.77 |
0.79 |
0.83 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
2.19 |
2.45 |
2.64 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
1.86 |
2.20 |
2.73 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.59 |
0.66 |
0.70 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
1.63 |
1.73 |
2.33 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
0.38 |
0.85 |
1.73 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
0.87 |
1.91 |
3.99 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
3.70 |
9.01 |
21.40 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.97 |
1.84 |
1.71 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current Liabilities) |
1.33 |
1.14 |
1.21 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.24 |
0.21 |
0.19 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
57.08 |
61.45 |
60.27 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.97 |
1.84 |
1.71 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL DATA
[all figures are
in 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 |
4.001 |
4.001 |
4.001 |
|
Reserves & Surplus |
87.342 |
96.387 |
100.241 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
91.343 |
100.388 |
104.242 |
|
|
|
|
|
|
long-term borrowings |
145.292 |
148.643 |
140.319 |
|
Short term borrowings |
86.397 |
92.831 |
83.161 |
|
Current Maturities of Long
term debt |
9.437 |
4.393 |
4.898 |
|
Total
borrowings |
241.126 |
245.867 |
228.378 |
|
Debt/Equity
ratio |
2.640 |
2.449 |
2.191 |
%2012-Mar-2018_files/image022.gif)
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 |
1129.655 |
1067.589 |
1017.928 |
|
|
|
(5.494) |
(4.652) |
%2012-Mar-2018_files/image024.gif)
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 |
1129.655 |
1067.589 |
1017.928 |
|
Profit |
19.550 |
9.046 |
3.854 |
|
|
1.73% |
0.85% |
0.38% |
%2012-Mar-2018_files/image026.gif)
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 |
Yes |
|
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 |
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 |
NOTE:
The Registered Office of the company has been shifted from 6, Surbhi
Apartment, Behind HDFC Bank, Mandpeshwar Road, Borivali (West), Mumbai-400092,
Maharashtra, India to the present address w.e.f 31.05.2014
INDEX OF CHARGES
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G09117110 |
100043592 |
The Hongkong and
Shanghai Banking Corporation Limited |
11/07/2016 |
- |
- |
85000000.0 |
52/60, Mahatma Gandhi
Road,FortMumbaiMH400001IN |
|
2 |
C67500306 |
10597541 |
The Hongkong and
Shanghai Banking Corporation Limited |
21/09/2015 |
- |
- |
11500000.0 |
INDIABULLS FINANCE
CENTRE, 25TH FLOOR, TOWER-3SENAPATI BAPAT MARG, ELPHINSTONE ROAD (W), MUMBAIMUMBAIMH400013IN |
|
3 |
C67498642 |
10597515 |
The Hongkong and
Shanghai Banking Corporation Limited |
21/09/2015 |
- |
- |
115000000.0 |
INDIABULLS FINANCE
CENTRE, 25TH FLOOR, TOWER-3SENAPATI BAPAT MARG, ELPHINSTONE ROAD (W),
MUMBAIMUMBAIMH400013IN |
|
4 |
B68801521 |
10406242 |
HDFC BANK LIMITED |
23/02/2013 |
- |
- |
26000000.0 |
HDFC BANK
HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
5 |
C09445933 |
10255861 |
HDFC BANK LIMITED |
21/10/2010 |
26/05/2014 |
- |
150000000.0 |
HDFC BANK HOUSESENAPATI
BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
6 |
C09892209 |
90154253 |
TAMILNAD
MERCANTILE BANK LIMITED |
18/08/1998 |
23/06/2014 |
- |
115000000.0 |
HEMPRAKASH
BUILDING, GROUND FLOOR,92, KAZI SYED STREET, MANDVI, MASJID BUNDER,MUMBAIMH400003IN |
|
7 |
B38547071 |
90154270 |
TAMILNAD
MERCANTILE BANK LIMITED |
18/09/1999 |
03/03/2001 |
05/05/2012 |
5000000.0 |
GORADIA HOUSE; 1ST
FLOOR; 101-104KAZI SAYED STREET; POST BOX NO. 3181; MANDVIMUMBAIMH400003IN |
|
8 |
B38548749 |
90154296 |
TAMILNAD
MERCANTILE BANK LIMITED |
04/01/2001 |
- |
05/05/2012 |
4000000.0 |
GORADIA HOUSE; 1ST
FLOOR; 101-104KAZI SAYED STREET; POST BOX NO. 3181; MANDVIMUMBAIMH400003IN |
|
9 |
B38548186 |
10050791 |
TAMILNAD
MERCANTILE BANK LIMITED |
24/04/2007 |
18/06/2007 |
05/05/2012 |
15000000.0 |
GORADIA HOUSE,1ST
FLOOR, 101-104 KAZI SAYED STREETMANDIVI, MASJIDMUMBAIMH400003IN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2016 (INR
In Million) |
31.03.2015 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Other loans and advances, others |
133.051 |
137.634 |
|
|
|
|
|
SHORT TERM BORROWINGS |
|
|
|
Rupee term loans from banks |
31.903 |
42.828 |
|
Other loans and advances, others |
51.258 |
50.003 |
|
|
|
|
|
Total |
216.212 |
230.465 |
FIXED ASSETS:
Tangible Assets
·
Land
·
Buildings
·
Plant and Equipment
·
Furniture and Fixtures
·
Vehicles
·
Office Equipment
·
Computer Equipments
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
NKT |
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.