|
|
|
MIRA INFORM REPORT
|
Report No. : |
497692 |
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Report Date : |
16.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
TRISTAR GLOBAL INFRASTRUCTURE PRIVATE LIMITED (w.e.f. 03.11.2008) |
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Formerly Known
As : |
TRISTAR INTECH PRIVATE LIMITED |
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Registered
Office : |
C-207, Sarvodya Enclave, New Delhi-110017 |
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Tel. No.: |
91-11-46071600 |
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Country : |
India |
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Financials (as
on) : |
31.03.2014 |
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Date of
Incorporation : |
03.04.2003 |
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Com. Reg. No.: |
55-119728 |
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Capital
Investment / Paid-up Capital : |
INR 17.162 Million |
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|
|
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CIN No.: [Company Identification
No.] |
U72203DL2003PTC119728 |
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|
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IEC No.: [Import-Export Code No.] |
0503015946 |
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|
|
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GSTN : [Goods & Service Tax Registration
No.] |
07AABCT8046R1ZN |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
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PAN No.: [Permanent Account No.] |
AABCT8046R |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
The company is
primarily engaged in the business of specialized work contract for
waterproofing, expansion joints, repaid and rehabilitation, construction of
infrastructure projects and commercial and non-commercial buildings, etc.,
and trading in construction chemicals and allied products required for above
businesses and related businesses. [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 : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 2003 and it is having moderate
track records. Management has not filled it financials with government department
since 2014. Further, Management of the company has denied to provide any
information. However, as per Registrar of companies the status of the company is
shown as active and financials are available for the year 2014. As per available financials of 2014 shows that general financial
position of the company seems to be acceptable. But we could not confirm current status of business activity of the
company. Further, rating is constrained on account of unavailability of latest financials
and non-cooperative nature of management to parting information. Payments are seems to be unknown. In view of aforesaid, the company can be considered for business
dealings on fully safe and secured 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
|
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 |
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 16.03.2018.
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.:
91-11-46071600)
Tel. No.:91-11-46071619 (Ringing)
LOCATIONS
|
Registered Office : |
C-207, Sarvodya Enclave, New Delhi-110017, India |
|
Tel. No.: |
91-11-46071600 |
|
Fax No.: |
91-11-46071641 |
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E-Mail : |
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Website : |
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Head Office : |
293, 1st Floor, Kehar Singh Estate, Western Marg,
Saidulajab, M.B. Road, New Delhi-110030, India |
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Corporate Office : |
Plot No. 4, 1st Floor, Kehar Singh Estate, West End Marg, Saidulajab, M.B. Road, New Delhi – 110030, India |
|
Tel. No.: |
91-11-46071619 |
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Fax No.: |
91-11-46071641 |
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E-Mail : |
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Branch Offices : |
Mumbai 206/207, Balaji
Arcade, S V Road, Kandivali (West), Mumbai, Maharashtra, India E-mail.: csyadav@tristarintech.com C/O 353, Kalyan
Das Udyog Bhawan, Century Chennai MIG Block, 90 B, E-mail.: sm@tristarintech.com C/O 103/ Sanjay Towers,
216, Subbaramachetty Road, Near Nattakalappa Circle, Basavangudi, Bangalore –
560004, Karnataka, India Tel. No.:
91-80-41471187 No. 112, 4 F
Cross, Kasturinagar, C/O, 403, Saroj
Appartments, Near Nature Cure Hospital, Shyam Karam Road, Ameerpet, Hyderabad
– 16, Telangana, India |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Vijay
Vasudeva |
||||||||||||||||||||||||||||||||||||
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Designation : |
Director |
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Address : |
C – 207,
Sarvodaya Enclave, New Delhi – 110017, India |
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Date of Birth/Age : |
14.04.1948 |
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Date of Appointment : |
03.04.2003 |
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DIN No.: |
00011413 |
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Other Directorship:
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||||||||||||||||||||||||||||||||||||
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Name : |
Mrs. Kusum
Vasudeva |
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|
Designation : |
Director |
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|
Address : |
C – 207, Sarvodaya
Enclave, New Delhi – 110017, India |
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Date of Birth/Age : |
20.07.1947 |
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Date of Appointment : |
03.04.2003 |
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DIN No.: |
00012035 |
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Other Directorship:
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|
||||||||||||||||||||||||||||||||||||
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Name : |
Mr. Samir
Vasudeva |
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|
Designation : |
Director |
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|
Address : |
C – 207,
Sarvodaya Enclave, New Delhi – 110017, India |
||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
29.11.1974 |
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Date of Appointment : |
03.04.2003 |
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DIN No.: |
00020568 |
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Other Directorship:
|
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KEY EXECUTIVES
|
Name : |
Mr. Rajesh Arora |
|
Designation : |
Accounts Executive |
MAJOR SHAREHOLDERS
AS ON 31.03.2014
|
Names of Shareholders |
|
No. of Shares |
|
Vijay Vasudeva |
|
130000 |
|
Sameer Vasudeva |
|
210500 |
|
Triumph Infrastructure Private Limited |
|
517700 |
|
Tristar Realtors Private Limited |
|
104150 |
|
NEUF Infrastructure Private Limited |
|
174500 |
|
Kusum Vasudeva |
|
275000 |
|
Genuine Infrastructure Private Limited |
|
284300 |
AS ON 28.09.2012
|
Equity Share
Break up |
Percentage |
|
Category |
|
|
Bodies corporate |
73.86 |
|
Directors or relatives of directors |
26.14 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The company is primarily
engaged in the business of specialized work contract for waterproofing,
expansion joints, repaid and rehabilitation, construction of infrastructure
projects and commercial and non-commercial buildings, etc., and trading in
construction chemicals and allied products required for above businesses and
related businesses. [Registered
Activity] |
|
|
|
|
Products / Services
: |
Construction Chemicals |
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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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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information denied by the management |
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Bankers : |
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Facilities : |
Note: SHORT TERM BORROWINGS Cash credit from Punjab national bank carry interest ranging between
14%-15% p.a., compared on a monthly basis on the actual amount utilized, and
are repayable on demand. |
|
Auditors : |
|
|
Name : |
Prakash Mishra and Company Chartered Accountants |
|
Address : |
A-199/8, Saurabh Vihar, Badarpur, New Delhi-110044, India |
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Mobile No.: |
91-9999039558 / 9999008596 |
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E-Mail : |
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PAN No.: |
ATVPM6162D |
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|
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Memberships : |
Not Available |
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|
|
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Collaborators : |
Not Available |
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|
|
|
Other related parties : (As on 31.03.2014) |
|
CAPITAL STRUCTURE
AS ON 31.03.2014
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1800000 |
Equity Shares |
INR 10/- each |
INR 18.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1716150 |
Equity Shares |
INR 10/- each |
INR 17.162 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
17.162 |
17.162 |
14.632 |
|
(b) Reserves &
Surplus |
168.930 |
164.442 |
135.300 |
|
(c) Money received
against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
5.600 |
5.600 |
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
191.692 |
187.204 |
149.932 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
135.420 |
140.902 |
223.195 |
|
(b) Deferred tax
liabilities (Net) |
3.146 |
3.626 |
5.413 |
|
(c) Other long term
liabilities |
20.468 |
20.468 |
0.000 |
|
(d) long-term provisions |
1.868 |
1.782 |
0.000 |
|
Total Non-current
Liabilities (3) |
160.902 |
166.778 |
228.608 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
151.952 |
148.871 |
0.000 |
|
(b) Trade payables |
94.015 |
185.763 |
146.691 |
|
(c) Other current
liabilities |
46.007 |
86.290 |
110.303 |
|
(d) Short-term provisions |
4.026 |
6.570 |
8.011 |
|
Total Current Liabilities
(4) |
296.000 |
427.494 |
265.005 |
|
|
|
|
|
|
TOTAL |
648.594 |
781.476 |
643.545 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
62.191 |
86.609 |
107.333 |
|
(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 |
3.057 |
3.057 |
3.101 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
20.667 |
25.720 |
26.980 |
|
(e) Other Non-current
assets |
35.748 |
30.066 |
3.881 |
|
Total Non-Current Assets |
121.663 |
145.452 |
141.295 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
201.483 |
246.872 |
259.994 |
|
(c) Trade receivables |
318.536 |
373.244 |
215.067 |
|
(d) Cash and cash
equivalents |
0.243 |
8.844 |
25.337 |
|
(e) Short-term loans and
advances |
6.669 |
7.064 |
1.852 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
526.931 |
636.024 |
502.250 |
|
|
|
|
|
|
TOTAL |
648.594 |
781.476 |
643.545 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
|
SALES |
|
|
|
|
|
Income |
|
931.406 |
692.024 |
|
|
Other Income |
|
4.671 |
3.408 |
|
|
TOTAL |
816.771 |
936.077 |
695.432 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
672.731 |
339.828 |
|
|
Direct cost |
|
58.427 |
83.479 |
|
|
Employees benefits
expense |
|
100.258 |
153.266 |
|
|
Other expenses |
|
29.627 |
40.404 |
|
|
TOTAL |
792.510 |
861.043 |
616.977 |
|
|
|
[Including Financial Expenses] |
|
|
|
|
PROFIT / (LOSS) BEFORE
INTEREST, TAX, DEPRECIATION AND AMORTISATION |
75.034 |
78.455 |
|
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
48.271 |
37.532 |
|
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
24.261 |
26.763 |
40.923 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
17.553 |
16.247 |
12.457 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
6.708 |
10.516 |
28.466 |
|
|
|
|
|
|
|
Less |
TAX |
2.220 |
3.544 |
10.206 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
4.488 |
6.972 |
18.260 |
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’ BALANCE
BROUGHT FORWARD |
70.988 |
64.617 |
47.357 |
|
|
|
|
|
|
|
Add |
DVAT Demand |
0.000 |
(0.601) |
(1.000) |
|
|
|
|
|
|
|
|
Balance Carried to the
B/S |
75.476 |
70.988 |
64.617 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
2.95 |
4.77 |
14.20 |
.
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from (used in) operations |
NA |
NA |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Average Collection Days (Sundry
Debtors / Income * 365) |
NA |
146.27 |
113.43 |
|
|
|
|
|
|
Account Receivables Turnover (Income /
Sunday Debtors) |
NA |
2.50 |
3.22 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
NA |
100.79 |
157.56 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.12 |
0.30 |
0.30 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.39 |
0.87 |
0.73 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.67 |
0.73 |
0.76 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
1.50 |
1.55 |
1.49 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
1.54 |
2.28 |
1.77 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.32 |
0.46 |
0.72 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
NA |
1.55 |
2.09 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Net Profit Margin [(PAT / Sales)
* 100] |
% |
NA |
0.75 |
2.64 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
0.69 |
0.89 |
2.84 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
2.34 |
3.72 |
12.18 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2014 |
31.03.2013 |
31.03.2012 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.78 |
1.49 |
1.90 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.10 |
0.91 |
0.91 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.30 |
0.24 |
0.23 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
16.74 |
16.88 |
15.25 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.78 |
1.49 |
1.90 |
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 |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Share Capital |
14.632 |
17.162 |
17.162 |
|
Reserves & Surplus |
135.300 |
164.442 |
168.930 |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
5.600 |
5.600 |
|
Net worth |
149.932 |
181.604 |
186.092 |
|
|
|
|
|
|
Long-term borrowings |
223.195 |
140.902 |
135.420 |
|
Short term borrowings |
0.000 |
148.871 |
151.952 |
|
Total borrowings |
223.195 |
289.773 |
287.372 |
|
Debt/Equity ratio |
1.489 |
1.596 |
1.544 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Total income |
695.432 |
936.077 |
816.771 |
|
|
|
34.604 |
(12.745) |
NET PROFIT MARGIN
|
Net Profit Margin |
31.03.2012 |
31.03.2013 |
31.03.2014 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Total income |
695.432 |
936.077 |
816.771 |
|
Profit |
18.260 |
6.972 |
4.488 |
|
|
2.63% |
0.74% |
0.55% |
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 |
Litigations that the firm/promoter
involved in |
-- |
|
32 |
Market information |
-- |
|
33 |
Payments terms |
No |
|
34 |
Negative Reporting by Auditors in the
Annual Report |
No |
COMPANY OVERVIEW (As on 31.03.2014)
The company is a private
limited company and having its registered office in New Delhi, India. The
company is incorporated in India on 3rd April, 2003 under the
companies act, 1956. The company is primarily engaged in the business of
specialized work contract for waterproofing, expansion joints, repaid and
rehabilitation, construction of infrastructure projects and commercial and
non-commercial buildings, etc., and trading in construction chemicals and
allied products required for above businesses and related businesses.
UNSECURED LOANS:
|
PARTICULAR |
31.03.2014 INR In Million |
31.03.2013 INR In Million |
|
Long-term
Borrowings |
|
|
|
Term Loans |
|
|
|
From Banks |
6.105 |
9.196 |
|
From financial
institutions |
8.302 |
12.830 |
|
Loans and
advances form others |
85.042 |
74.750 |
|
Total |
99.449 |
96.776 |
INDEX OF CHARGE:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
B62870431 |
10388759 |
L & T FINANCE LIMITED |
01/10/2012 |
- |
- |
5894731.0 |
L&T House, Ballard Estate, Mumbai-400001, Maharashtra, India |
|
2 |
B36617082 |
10346410 |
INTEC CAPITAL LIMITED |
13/03/2012 |
- |
- |
23500000.0 |
701, Manjusha 57 Nehru Place, New Delhi-110019, India |
|
3 |
B31815517 |
10334888 |
S. E. INVESTMENTS LIMITED |
04/02/2012 |
- |
- |
10000000.0 |
S-547, IIND Floor, Main Road, Shakar Pur, New Delhi-110092, India |
|
4 |
C50324789 |
80025371 |
Punjab National Bank |
01/09/2005 |
30/03/2015 |
- |
195000000.0 |
NSIC Bhawan, Okhla Industrial Estate, New Delhi-110020, India |
|
5 |
B61556411 |
90058971 |
PUNJAB NATIONAL BANK |
15/03/2005 |
12/10/2012 |
- |
150000000.0 |
NSIC Bhawan, Okhla Industrial Estate, New Delhi-110020, India |
|
6 |
C50324540 |
90058846 |
Punjab National Bank |
07/01/2005 |
30/03/2015 |
- |
175000000.0 |
NSIC Bhawan, Okhla Industrial Estate, New Delhi-110020, India |
|
7 |
Y10138726 |
90058631 |
STATE BANK OF BIKANER & JAIPUR |
04/08/2004 |
- |
- |
2500000.0 |
Kamal Cinema Building, Safdar Jung Enclave, New Delhi, India |
|
8 |
Y10138201 |
90058106 |
STATE BANK OF BIKANER & JAIPUR |
29/04/2003 |
- |
- |
1700000.0 |
Kamal Cinema Building, Safdar Jung Enclave, New Delhi, India |
|
9 |
B66538778 |
10275132 |
PUNJAB NATIONAL BANK |
25/02/2011 |
- |
28/12/2012 |
50000000.0 |
NSIC Bhawan, Okhla Industrial Estate, New Delhi-110020, India |
|
10 |
B05163902 |
10156478 |
PUNJAB NATIONAL BANK |
24/04/2009 |
- |
08/02/2011 |
6000000.0 |
NSIC Bhawan, Okhla Industrial Estate, New Delhi-110020, India |
FIXED ASSETS:
Tangible Asset:
- Air
Conditioner
- Camera
- Car
- Computer
- Container
- Electrical
Fittings
- Fax machine
- Furniture
and Fixture
- Generator
- Office
equipment
- Microware
- Projector
- Tools and
Dies
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 64.94 |
|
|
1 |
INR 90.72 |
|
Euro |
1 |
INR 80.32 |
INFORMATION DETAILS
|
Information
Gathered by : |
AKY |
|
|
|
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
BHG |
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 |
NO |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.