MIRA INFORM REPORT

 

 

Report No. :

496627

Report Date :

14.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

CBRE SOUTH ASIA PRIVATE LIMITED (w.e.f. 19.10.2011)

 

 

Formerly Known As :

CB RICHARD ELLIS SOUTH ASIA PRIVATE LIMITED

 

 

Registered Office :

Ground Floor, PTI Building, 4 Parliament Street, New Delhi - 110001

Tel. No.:

91-11-4239 0200/4249 0200

 

 

Country :

India

 

 

Financials (as on) :

31.03.2016

 

 

Date of Incorporation :

15.06.1999

 

 

Com. Reg. No.:

55-100244

 

 

Capital Investment / Paid-up Capital :

INR 10.478 Million

 

 

CIN No.:

[Company Identification No.]

U74140DL1999PTC100244

 

 

IEC No.:

[Import-Export Code No.]

Not Divulged

 

 

TIN No.:

07056919600

 

 

PAN No.:

[Permanent Account No.]

AAACC9308A

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

Not Divulged

 

 

GSTN :

[Goods & Service Tax Registration No.]

07AAACC9308A1Z5

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Subject is primarily engaged in providing services in the area of Real Estate Related Consultancy, Site Management, Valuations, Appraisals, Agency Services, Capital Markets, Asset Services and Project Management (Registered Activity)

 

 

No. of Employees :

Not Divulged

 

 

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+

Low Risk

Business dealings permissible with low risk of default

 

Maximum Credit Limit :

USD 8100000

 

 

Status :

Good

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Exist

 

 

Comments :

Subject was incorporated in the year 1999. It is a subsidiary of CBRE Holdings Limited, Mauritius which holds 59% stake in the company and remaining 41% is held by CBRE Pte. Limited, Singapore.

 

The company is engaged in providing services in the area of Real Estate Related Consultancy, Site Management, Valuations, Appraisals, Agency Services, Capital Markets, Asset Services and Project Management.

 

Management has not filed its financial record with government department for the year 2017 and same are not available from any other sources.

 

As per the financial records of 2016, the company has a decent growth of 50.04% in its revenue as compared to the previous year and has earned an average net profit margin of 4.46%.

 

The company possesses sound financial profile marked by healthy net worth base along with debt free balance sheet profile and adequate liquidity position.

 

Rating is constrained on account of absence of latest financial records.

 

Business is active. Payment seems to be slow but correct.

 

In view of aforesaid, the company can be considered for business dealings at usual trade terms and condition.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

EXTERNAL AGENCY RATING

 

Rating Agency Name

Not Available

Rating

Not Available

Rating Explanation

Not Available

Date

Not Available

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2016.

 

BIFR (Board for Industrial & Financial Reconstruction) LISTING STATUS

 

Subject’s name is not listed as a Sick Unit in the publicly available BIFR (Board for Industrial & Financial Reconstruction) list as of 14.03.2018

 

IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS

 

Subject’s name is not listed in the publicly available IBBI (Insolvency and Bankruptcy Board of India) list as of report date.

 

INFORMATION DENIED BY

 

Name :

Mr. Suyog Patil

Designation :

Accounts Department

Contact No.:

91-9769493750

Date :

12.03.2018

 

 

LOCATIONS

 

Registered Office :

Ground Floor, PTI Building, 4 Parliament Street, New Delhi – 110001, India

Tel. No.:

91-11-4239 0200/4249 0200

Mobile No.:

91-9769493750 (Mr. Suyog Patil)

Fax No.:

91-11-2331 7670 

E-Mail :

ccorma@gmail.com

Website :

http://www.cbre.co.in

 

 

DIRECTORS

 

As on 2018

 

Name :

Mr. Anshuman Magazine

Designation :

Managing Director

Address :

208, Golf Link, New Delhi 110027, India

Date of Birth/Age :

08.08.1964

Date of Appointment :

22.03.2002

PAN No.:

AAIPM6781E

DIN No.:

00211984

Other Directorship:

CIN/FCRN

Company Name

Begin Date

End Date

U72200DL2004PTC128141

PJS INFOTECH PRIVATE LIMITED

15/01/2011

-

U70200DL2010PTC208494

FIRST MOVE REAL ESTATE PRIVATE LIMITED

21/09/2010

-

U70102DL2010PTC208510

GLEAMING REAL ESTATE PRIVATE LIMITED

21/09/2010

-

U70109DL2016PTC300523

SMARTVISION REALESTATE (INDIA) PRIVATE LIMITED

27/05/2016

-

AAG-7629

MILES REAL ESTATE LLP

23/06/2016

-

 

 

Name :

Robert Stuart Blain

Designation :

Director

Address :

Suite 1707, The Parkside, Pacific Place 88 Queensway, Hong Kong 

Date of Birth/Age :

09.05.1980

Date of Appointment :

03.09.2007

DIN No.:

01182178

 

 

Name :

Mr. Gurjot Singh Bhatia

Designation :

Director

Address :

172, Sainik Vihar, Delhi-110034, India

Date of Birth/Age :

05.03.1971

Date of Appointment :

26.11.2013

PAN No.:

AASPB4832B

DIN No.:

06746547

 

 

MAJOR SHAREHOLDERS

 

As on 31.03.2017

 

Names of Shareholders

No. of Shares

% of Holding

CBRE Holdings Limited C/o Abax Corporate Service Limited, Mauritius

621386

59.30

CBRE Pte .Limited, Singapore

426414

40.70

Total

1047800

100.00

 

 

Equity Share Break up (Percentage of Total Equity)

 

As on 17.04.2017

 

Category

Percentage

Public/Other than promoters (Body corporate)

100.00

Total 

100.00

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is primarily engaged in providing services in the area of Real Estate Related Consultancy, Site Management, Valuations, Appraisals, Agency Services, Capital Markets, Asset Services and Project Management (Registered Activity)

 

 

Products / Services :

Item Code No.

Products/Services Description

99722110

Real estate

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Divulged 

 

 

Imports :

Not Divulged 

 

 

Terms :

Not Divulged 

 

PRODUCTION STATUS – (NOT AVAILABLE)

 

 

GENERAL INFORMATION

 

Suppliers :

 

Reference :

Not Divulged

Name of the Person :

--

Contact No.:

--

Since How Long Known :

--

Maximum Limit Dealt :

--

Experience :

--

Remark:

--

 

 

Customers :

 

Reference :

Not Divulged

Name of the Person :

--

Contact No.:

--

Since How Long Known :

--

Maximum Limit Dealt :

--

Experience :

--

Remark:

--

 

 

No. of Employees :

Not Divulged

 

 

Bankers :

Banker Name :

Not Divulged

Branch :

Not Divulged

Person Name (With Designation) :

--

Contact Number :

--

Name of Account Holder :

--

Account Number :

--

Account Since (Date/Year of Account Opening) :

--

Average Balance Maintained :

--

Credit Facilities Enjoyed (CC/OD/Term Loan) :

--

Account Operation :

--

Remark :

--

 

Auditors :

 

Name :

B S R and Company LLP

Chartered Accountants

Address :

Building No.10, 8th floor, Tower B, DLF Cyber City, Phase 2, Gurugram-122002, Haryana, India

Income-tax PAN of auditor or auditor's firm :

AAAFB9852F

 

 

Memberships :

Not Available

 

 

Collaborators :

Not Available

 

 

Holding company (As on 2017) :

CBRE Holdings Limited (Mauritius)

 

 

Associate (As on 2017):

CBRE Pte Limited, Singapore

 

 

Ultimate Holding

Company (As on 31.03.2016) :

CBRE Inc., United States of America

 

 

 

Fellow Subsidiary

Companies (As on 31.03.2016) :

·         Beijing CBRE Property Consultants Services Limited

·         Beijing CBRE Property Management Services Limited

·         CBRE (C) Pty. Limited, Australia

·         CB Global Corporate Services SDN BH

·         CBRE Corporate - France

·         CBRE GmbH, Germany

·         CBRE Limited, Hong Kong

·         CB Richard Ellis Mega

·         CBRE Philippines, Inc.

·         CB Richard Ellis Property Consultants Limited, Shanghai

·         CB Richard Ellis Quebec Limited - Canada

·         CBRE (A) Pty. Limited, Australia

·         CBRE (Thailand) Co. Limited

·         CBRE A/S, Denmark

·         CBRE BV, Netherlands

·         CBRE Corporate Outsourcing Limited, UK

·         CBRE Finland OY

·         CBRE FZ LLC

·         CBRE GWS Holding (S) Ptd. Limited

·         CBRE GWS Real Estate Services, LLC

·         CBRE GWS LLC

·         CBRE K.K., Japan

·         CBRE Limited Partnership, Jersey

·         CBRE Limited (Taiwan)

·         CBRE Limited, UK

 

 

CAPITAL STRUCTURE

 

As on 31.03.2016

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

1200000

Equity Shares

INR 10/- each

INR 12.000 Million

 

 

 

 

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

1047800

Equity Shares

INR 10/- each

INR 10.478 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

10.478

8.176

8.176

(b) Reserves and Surplus

2814.857

1755.755

1398.392

(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)

2825.335

1763.931

1406.568

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

0.000

0.000

0.000

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long-term liabilities

14.167

98.967

79.739

(d) long-term provisions

240.652

145.920

79.193

Total Non-current Liabilities (3)

254.819

244.887

158.932

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short-term borrowings

0.000

0.000

0.000

(b) Trade payables

4042.484

2851.340

2162.532

(c) Other current liabilities

1322.000

764.604

770.820

(d) Short-term provisions

23.360

18.891

16.405

Total Current Liabilities (4)

5387.844

3634.835

2949.757

 

 

 

 

TOTAL

8467.998

5643.653

4515.257

 

 

 

 

II.    ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

89.178

77.330

105.178

(ii) Intangible Assets

94.561

0.597

0.152

(iii) Tangible assets capital work-in-progress

0.000

2.497

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)

358.907

229.944

221.923

(d) Long-term loans and advances

1445.803

1811.665

1317.750

(e) Other Non-current assets

0.025

0.000

0.795

Total Non-Current Assets

1988.474

2122.033

1645.798

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

0.000

0.000

0.000

(c) Trade receivables

4464.090

2570.416

2270.285

(d) Cash and bank balances

364.002

460.992

195.549

(e) Short-term loans and advances

1306.285

391.124

293.135

(f) Other current assets

345.147

99.088

110.490

Total Current Assets

6479.524

3521.620

2869.459

 

 

 

 

TOTAL

8467.998

5643.653

4515.257

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2016

31.03.2015

31.03.2014

 

SALES

 

 

 

 

Revenue from operations

14290.495

9524.629

8008.785

 

Other Income

8.379

6.690

19.308

 

TOTAL

14298.874

9531.319

8028.093

 

 

 

 

 

Less

EXPENSES

 

 

 

 

Purchases of Stock-in-Trade

536.766

174.798

0.000

 

Employee benefit expense

4300.144

3092.885

2614.635

 

Other expenses

8430.023

5652.669

5021.884

 

TOTAL

13266.933

8920.352

7636.519

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION

1031.941

610.967

391.574

 

 

 

 

 

Less

FINANCIAL EXPENSES

0.000

0.000

0.000

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION

1031.941

610.967

391.574

 

 

 

 

 

Less/ Add

DEPRECIATION/ AMORTISATION

56.368

75.080

70.530

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX

975.573

535.887

321.044

 

 

 

 

 

Less

TAX

338.758

178.524

97.056

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX

636.815

357.363

223.988

 

 

 

 

 

 

Earnings / (Loss) Per Share (INR)

607.76

437.08

273.95

 

 

 

 

CURRENT MATURITIES OF LONG TERM DEBT DETAILS

 

Particulars

 

31.03.2016

31.03.2015

31.03.2014

Current Maturities of Long term debt

NA

NA

NA

Cash generated from operations

NA

NA

NA

Net cash flows from (used in) operations

609.188

964.975

497.878

 

 

KEY RATIOS

 

EFFICIENCY RATIOS

 

PARTICULARS

 

31.03.2016

31.03.2015

31.03.2014

Average Collection Days

(Sundry Debtors / Income * 365 Days)

114.02

98.50

103.47

 

 

 

 

Account Receivables Turnover

(Income / Sundry Debtors)

3.20

3.71

3.53

 

 

 

 

Average Payment Days

(Sundry Creditors / Purchases * 365 Days)

2748.88

5953.95

0.00

 

 

 

 

Inventory Turnover

(Operating Income / Inventories)

0.00

0.00

0.00

 

 

 

 

Asset Turnover

(Operating Income / Net Fixed Assets)

5.62

7.60

3.72

 

 

LEVERAGE RATIOS

 

PARTICULARS

 

31.03.2016

31.03.2015

31.03.2014

Debt Ratio

((Borrowing + Current Liabilities) / Total Assets)

0.64

0.64

0.65

 

 

 

 

Debt Equity Ratio

(Total Liability / Networth)

0.00

0.00

0.00

 

 

 

 

Current Liabilities to Networth

(Current Liabilities / Net Worth)

1.91

2.06

2.10

 

 

 

 

Fixed Assets to Networth

(Net Fixed Assets / Networth)

0.07

0.05

0.07

 

 

 

 

Interest Coverage Ratio

(PBIT / Financial Charges)

0.00

0.00

0.00

 

 

PROFITABILITY RATIOS

 

PARTICULARS

 

 

31.03.2016

31.03.2015

31.03.2014

Net Profit Margin

((PAT / Sales) * 100)

%

4.46

3.75

2.80

 

 

 

 

 

Return on Total Assets

((PAT / Total Assets) * 100)

%

7.52

6.33

4.96

 

 

 

 

 

Return on Investment (ROI)

((PAT / Networth) * 100)

%

22.54

20.26

15.92

 

SOLVENCY RATIOS

 

PARTICULARS

 

31.03.2016

31.03.2015

31.03.2014

Current Ratio

(Current Assets / Current Liabilities)

1.20

0.97

0.97

 

 

 

 

Quick Ratio

((Current Assets – Inventories) / Current Liabilities)

1.20

0.97

0.97

 

 

 

 

G-Score Ratio Financial

(Networth / Total Assets)

0.33

0.31

0.31

 

 

 

 

G-Score Ratio Debt

(Debts / Equity Capital)

0.00

0.00

0.00

 

 

 

 

G-Score Ratio Liquidity

(Total Current Assets / Total Current Liabilities)

1.20

0.97

0.97

 

Total Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term debts

 

FINANCIAL ANALYSIS

[all figures are in INR Million]

 

DEBT EQUITY RATIO

 

Particular

31.03.2014

31.03.2015

31.03.2016

 

(INR In Million)

(INR In Million)

(INR In Million)

Share Capital

8.176

8.176

10.478

Reserves & Surplus

1398.392

1755.755

2814.857

Net worth

1406.568

1763.931

2825.335

 

 

 

 

long-term borrowings

0.000

0.000

0.000

Short term borrowings

0.000

0.000

0.000

Total borrowings

0.000

0.000

0.000

Debt/Equity ratio

0.000

0.000

0.000

 

 

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

8008.785

9524.629

14290.495

 

 

18.927

50.037

 

 

 

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

8008.785

9524.629

14290.495

Profit

223.988

357.363

636.815

 

2.80%

3.75%

4.46%

 

 

LEGAL CASES

 

DISTRICT AND SESSIONS JUDGE, NEW DELHI, PHC

 

CASE DETAILS

 

Case Type:  CS - CIVIL SUIT FOR DJ and ADJ

Filing Number: 34134/2016                                                

Filing Date: 24-08-2016

Registration Number: 58920/2016

Registration Date: 26-08-2016

CNR Number: DLND01-008913-2016

 

 

CASE STATUS

 

First Hearing Date: 26th August 2016

Next Hearing Date: 01st December 2016

Stage of Case: Issues

Court Number and Judge: 13-Additional District Judge

 

PETITIONER AND ADVOCATE

 

1) HOSHI SECURITY AND DETECTIVE PRIVATE LIMITED

 Address - E-12/A, Mittal Farm, Pul Pehlad Pur, ND

 

RESPONDENT AND ADVOCATE

 

1)     CBRE SOUTH ASIA PRIVATE LIMITED

Address - 4, Parl. Street, ND


ACTS

 

Under Act(s)

Under Section(s)

Civil Cases

136

 

History of Case Hearing

Registration Number

Judge

Business On Date

Hearing Date

Purpose of hearing

58920/2016

Additional District Judge

26-08-2016

17-10-2016

Issues

58920/2016

Additional District Judge

17-10-2016

01-12-2016

Issues

 

Orders

 

Order Number

Order Date

Order Details

1

17-10-2016

COPY OF ORDER

 

 

CCH1 PRL. CITY CIVIL and SESSIONS JUDGE

Case Details

 

Case Type: O.S. - Original Suit

Filing Number: 4468/2017

Filing Date: 01-07-2017

Registration Number: 4473/017

Registration Date: 01-07-2017

CNR Number: KABC01-016066-2017

 

 

CASE STATUS

 

First Hearing Date: 01st July 2017

Next Hearing Date: 26th July 2017

Stage of Case: SUMMONS

Court Number and Judge: 19-CCH10 XVIII ADDL. CITY CIVIL AND SESSIONS JUDGE

 

PETITIONER AND ADVOCATE

 

1) MANIPAL HOSPITAL JAIPUR PRIVATE LIMITED

Address - REGD OFFICE AT 70, 2ND AND 3RD FLOOR, GRACE TOWERS, MILLERS ROAD, BENGALRUU KARNATAKA, INDIA, REP BY ITS AUTHORIZED SIGNATORY, M SARAVANAN, HEAD LEGAL AND COMPLIANCE

Advocate- N K DILIP

 

RESPONDENT AND ADVOCATE

 

1)     CBRE SOUTH ASIA PRIVATE LIMITED

Address - REGD OFFICE AT GROUND FLOOR, PTI BUILDING, PARLIAMENT STREET, NEW DELHI


ACTS

 

Under Act(s)

Under Section(s)

U/O 7 RULE 1 AND 2 AND R/W SEC 26 OF CPC

-

 

History of Case Hearing

Registration Number

Judge

Business On Date

Hearing Date

Purpose of hearing

4473/2017

CCH10 XVIII ADDL. CITY CIVIL AND SESSIONS JUDGE

01-07-2017

26-07-2017

SUMMONS

 

 

Sr. Civil Courts, Rangareddy

 

Case Details

 

Case Type: OS - ORIGINAL SUIT

Filing Number: 10616/2016   Filing Date: 12-09-2016

Registration Number: 1379/2016  Registration Date: 14-09-2016

CNR Number: TSRA01-001428-2016

 

CASE STATUS

 

First Hearing Date: 21st October 2016

Next Hearing Date: 03rd October 2017

Stage of Case: EVIDENCE

Court Number and Judge: 8-VIII Addl. Senior Civil Judge

 

PETITIONER AND ADVOCATE

 

1) Ms Gloden Star Facilitation and Service Private Limited

Address - H.No.1-98939810, Plot No.25 and 26, Medhanas, 2nd floor Image Garden Road, Madhapur Hyd
Advocate- K.V.V Prasad

 

RESPONDENT AND ADVOCATE

 

2)     CBRE SOUTH ASIA PRIVATE LIMITED

Address - 211, 2nd foor Maximus 2B, Mandspace, cyberabad, Madhapur. Hyd


ACTS

 

Under Act(s)

Under Section(s)

CODE OF CIVIL PROCEDURE, 1908 (HB)

sec26orderVIIRule1cpc

 

History of Case Hearing

Registration Number

Judge

Business On Date

Hearing Date

Purpose of hearing

1379/2016

VIII Addl. Senior Civil Judge

21-10-2016

07-12-2016

CALL ON

1379/2016

VIII Addl. Senior Civil Judge

07-12-2016

22-01-2017

CALL ON

1379/2016

VIII Addl. Senior Civil Judge

22-01-2017

23-01-2017

CALL ON

1379/2016

VIII Addl. Senior Civil Judge

23-01-2017

08-02-2017

EVIDENCE

1379/2016

VIII Addl. Senior Civil Judge

08-02-2017

17-03-2017

EVIDENCE

1379/2016

VIII Addl. Senior Civil Judge

17-03-2017

03-10-2017

EVIDENCE

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Sr. No.

Check List by Info Agents

Available in Report (Yes / No)

1]

Year of establishment

Yes

2]

Constitution of the entity Incorporation details

Yes

3]

Locality of the entity

Yes

4]

Premises details

No

5]

Buyer visit details

--

6]

Contact numbers

Yes

7]

Name of the person contacted

Yes

8]

Designation of contact person

Yes

9]

Promoter’s background

Yes

10]

Date of Birth of Proprietor / Partners / Directors

Yes

11]

Pan Card No. of Proprietor / Partners

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

No

21]

Banking facility details

No

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

No

32]

Litigations that the firm/promoter involved in

Yes

33]

Market information

--

34]

Payments terms

No

35]

Negative Reporting by Auditors in the Annual Report

No

 

 

 

 

COMPANY OVERVIEW (As on 31.03.2016)

 

The company is primarily engaged in providing services in the area of Real Estate Related Consultancy, Site Management, Valuations, Appraisals, Agency Services, Capital Markets, Asset Services and Project Management. Further, the Company also provides support services to its group companies.

 

STATE OF COMPANYS AFFAIRS (As on 31.03.2016)

 

During the period, the turnover for the financial year ended 31st March, 2016 is INR 14290.495 million as against the total of INR 9524.629 million for the financial year ended on 31st March, 2015. During the period under review the Net Profit has increased to INR 636.815 million from INR 357.363 million in the previous year.

 

 

INDEX OF CHARGES

 

S

No

SRN

Charge Id

Charge Holder Name

Date of Creation

Amount

Address

1

C18963801

10517694

The Hongkong and Shanghai Banking Corporation Limited

19/08/2014

40000000.0

25, Barakhamba Road New Delhi 110001 India

 

 

 

FIXED ASSETS

 

 

 

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

UK Pound

1

INR 89.85

Euro

1

INR 80.16

 

 

INFORMATION DETAILS

 

Information Gathered by :

SHA

 

 

Analysis Done by :

NIY

 

 

Report Prepared by :

JYTK

 

 

SCORE FACTORS

 

DEMERIT POINTS

 

 

--BANK CHARGES

YES/NO

NO

--LITIGATION

YES/NO

YES

--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

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)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.
 
 

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