|
|
|
MIRA INFORM REPORT
|
Report No. : |
498060 |
|
Report Date : |
17.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
DR. OETKER INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
F-4, Okhla Industrial Area, Phase-1, New Delhi – 110020 |
|
Mobile No.: |
91-9650121414 (Mr. Anuj) |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
10.09.2007 |
|
|
|
|
Com. Reg. No.: |
55-254608 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 311.800 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U15400DL2007FTC254608 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
MUMDI5354D |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCD7173L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturing and Trading of Food Items. (Registered
activity) |
|
|
|
|
No. of Employees
: |
Information declined 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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject was incorporated in the year 2007. It is a wholly owned
subsidiary of Dr. Oetker India Holding Gmbh, Germany. For the financial year ended 2017, the company has achieved a
favourable growth of 25.14% in its revenue as compared to the previous year’s
revenue. Rating takes into consideration the strong financial position marked
by the sound net worth base along with zero debt balance sheet profile. Rating also takes into consideration the strength that the company derives
from its holding company and its experience management team. Business is active. Payment seems to be regular. 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 17.03.2018
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. Anuj |
|
Designation : |
Sales Department |
|
Contact No.: |
91-9650121414 |
|
Date : |
16.03.2018 |
LOCATIONS
|
Registered Office : |
F-4, Okhla Industrial Area, Phase-1, New Delhi – 110020, India |
|
Tel. No.: |
91-11-45177177 / 41664685 |
|
Mobile No.: |
91-9650121414 (Mr. Anuj) |
|
Fax No.: |
91-11-40526930 |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Unit 1: |
Plot No. SP-3 and SP-4, Industrial Area Kaharani, Bhiwadi (Ext.),
Block – Tijara, District – Alwar - 301019, Rajasthan, India |
|
|
|
|
Unit 2: |
G-1/389, Industrial Area, Bhiwadi, District Alwar – 301019, Rajasthan,
India |
|
Tel. No.: |
91-1493-510194 |
|
|
|
|
Unit 3: |
Village Pratap Pur, Ram Nagar Road, Tehsil – Kashipur, District – U.S.
Nagar, Uttarakhand – 244713, India |
|
Tel. No.: |
91-5947-211245 / 211461 |
|
|
|
|
Unit 4: |
Plot No.06, Nand Nagar Industrial Estate, Village – Mahuakheda Ganj, Tehsil
– Kashipur, District – U.S. Nagar, Uttarakhand – 244713, India |
|
Tel. No.: |
91-5947-226260 / 226161 |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Oliver Mirza |
||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||
|
Address : |
153, Mall Road (Opposite NSB Farm), Vasant Kunj, New Delhi
– 110070, India |
||||||||||||||||
|
Date of Birth/Age : |
31.05.1967 |
||||||||||||||||
|
Qualification : |
Post Graduate |
||||||||||||||||
|
Date of Appointment : |
21.02.2008 |
||||||||||||||||
|
PAN No.: |
ASRPM4901B |
||||||||||||||||
|
DIN No.: |
02062880 |
||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||
|
|
|
||||||||||||||||
|
Name : |
Mr. Rainer Luehrs |
||||||||||||||||
|
Designation : |
Director |
||||||||||||||||
|
Address : |
Vorlanderweg 80 Muenster 48151 DE |
||||||||||||||||
|
Date of Birth/Age : |
03.03.1953 |
||||||||||||||||
|
Qualification : |
Post Graduate |
||||||||||||||||
|
Date of Appointment : |
30.09.2011 |
||||||||||||||||
|
DIN No.: |
03516961 |
||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||
|
|
|
||||||||||||||||
|
Name : |
Mr. Andreas Unruhe |
||||||||||||||||
|
Designation : |
Director |
||||||||||||||||
|
Address : |
Hobergerfeld 23, Bielefeld, 33619 Bielefeld 33619 DE |
||||||||||||||||
|
Date of Birth/Age : |
12.11.1969 |
||||||||||||||||
|
Qualification : |
Post Graduate |
||||||||||||||||
|
Date of Appointment : |
30.09.2011 |
||||||||||||||||
|
DIN No.: |
03577724 |
||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Anuj |
|
Designation : |
Sales Department |
|
|
|
|
Name : |
Ms. Nisha Agarwal |
|
Designation : |
Company Secretary |
|
Address : |
2676, 2nd Floor, Shadipur Main Bazar West, Patel Nagar,
New Delhi – 110008, India |
|
Date of Appointment : |
25.06.2015 |
|
PAN No.: |
AMWPA8250G |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Dr. Oetker India Holding GmbH, Germany |
|
31179999 |
|
Dr. Oetker International Beteiligungs GmbH Jointly with
Dr. Oetker India Holding GmbH, Germany |
|
1 |
|
Total |
|
31180000 |
Equity Share Break up (Percentage of Total Equity)
As on 28.09.2017
|
Category |
Percentage |
|
Promoter - Bodies
corporate |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing and Trading of Food Items. (Registered
activity) |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Brand Names : |
Not Divulged |
||||
|
|
|
||||
|
Agencies Held : |
Not Divulged |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
Information declined by the management |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
|
Auditors : |
|
|
Name : |
Dhingra and Juneja Chartered Accountants |
|
Address : |
13/82, Vikram Vihar, Lajpat Nagar-IV, New Delhi-110024, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AEUPT4693Q |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Holding company: |
|
|
|
|
|
Ultimate Holding
Company : |
|
|
|
|
|
Enterprises which are
owned, or have significant influence of or are partners with Key management
personnel and their relatives: |
U51909DL2010FTC211405 |
|
|
|
|
Others: |
|
CAPITAL STRUCTURE
After 28.09.2017
Authorised Capital : INR 350.000 Million
Issued, Subscribed & Paid-up Capital : INR 318.300
Million
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
35000000 |
Equity Shares |
INR 10/- each |
INR 350.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
31180000 |
Equity Shares |
INR 10/- each |
INR 311.800
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
311.800 |
296.176 |
281.170 |
|
(b) Reserves and Surplus |
2566.366 |
1905.464 |
1181.612 |
|
(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) |
2878.166 |
2201.640 |
1462.782 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
104.971 |
6.457 |
9.222 |
|
(c) Other long-term
liabilities |
3.085 |
3.185 |
4.470 |
|
(d) long-term
provisions |
33.766 |
23.464 |
20.654 |
|
Total Non-current
Liabilities (3) |
141.822 |
33.106 |
34.346 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
207.819 |
237.257 |
71.171 |
|
(c) Other
current liabilities |
84.840 |
107.620 |
64.176 |
|
(d) Short-term
provisions |
1.323 |
1.047 |
1.490 |
|
Total Current
Liabilities (4) |
293.982 |
345.924 |
136.837 |
|
|
|
|
|
|
TOTAL |
3313.970 |
2580.670 |
1633.965 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
2559.175 |
346.405 |
357.175 |
|
(ii)
Intangible Assets |
3.088 |
0.930 |
1.560 |
|
(iii) Tangible assets
capital work-in-progress |
29.718 |
1708.035 |
760.526 |
|
(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 loans and advances |
12.058 |
12.211 |
9.977 |
|
(e) Other
Non-current assets |
2.401 |
88.171 |
2.936 |
|
Total Non-Current
Assets |
2606.440 |
2155.752 |
1132.174 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
180.270 |
149.573 |
106.832 |
|
(c) Trade
receivables |
38.832 |
30.308 |
34.560 |
|
(d) Cash and
bank balances |
354.334 |
213.462 |
332.441 |
|
(e)
Short-term loans and advances |
132.690 |
29.738 |
26.905 |
|
(f) Other
current assets |
1.404 |
1.837 |
1.053 |
|
Total
Current Assets |
707.530 |
424.918 |
501.791 |
|
|
|
|
|
|
TOTAL |
3313.970 |
2580.670 |
1633.965 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
1594.025 |
1273.746 |
1140.931 |
|
|
Other Income |
17.747 |
8.739 |
12.962 |
|
|
TOTAL |
1611.772 |
1282.485 |
1153.893 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
787.289 |
643.993 |
613.581 |
|
|
Purchases of
Stock-in-Trade |
135.160 |
63.620 |
39.967 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(14.544) |
(24.260) |
13.829 |
|
|
Employee benefit expense |
290.230 |
225.484 |
196.470 |
|
|
CSR expenditure |
0.000 |
0.000 |
0.000 |
|
|
Other expenses |
468.631 |
477.497 |
270.755 |
|
|
Prior period items before tax |
0.082 |
0.000 |
0.000 |
|
|
Exceptional items before tax |
0.000 |
0.000 |
0.020 |
|
|
Extraordinary items before tax |
0.000 |
0.000 |
(34.506) |
|
|
TOTAL |
1666.848 |
1386.334 |
1100.116 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
(55.076) |
(103.849) |
53.777 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.996 |
1.739 |
0.852 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
(56.072) |
(105.588) |
52.925 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
64.171 |
18.815 |
20.707 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
(120.243) |
(124.403) |
32.218 |
|
|
|
|
|
|
|
Less |
TAX |
98.514 |
(2.765) |
8.619 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
(218.757) |
(121.638) |
23.599 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
(7.02) |
(4.11) |
0.80 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
(249.920) |
58.129 |
95.979 |
|
Net cash flows from (used in) operating activities |
(249.920) |
58.129 |
120.529 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
8.89 |
8.68 |
11.06 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
41.05 |
42.03 |
33.01 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
82.23 |
122.38 |
39.75 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
(0.31) |
(0.69) |
0.50 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
(0.02) |
(0.05) |
0.05 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.09 |
0.13 |
0.08 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.10 |
0.16 |
0.09 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.90 |
0.93 |
0.77 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
(55.30) |
(59.72) |
63.12 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
(13.72) |
(9.55) |
2.07 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
(6.60) |
(4.71) |
1.44 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
(7.60) |
(5.52) |
1.61 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.41 |
1.23 |
3.67 |
|
|
|
|
|
|
Quick Ratio ((Current Assets –
Inventories) / Current Liabilities) |
1.79 |
0.80 |
2.89 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.87 |
0.85 |
0.90 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
2.41 |
1.23 |
3.67 |
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 |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
281.170 |
296.176 |
311.800 |
|
Reserves & Surplus |
1181.612 |
1905.464 |
2566.366 |
|
Net
worth |
1462.782 |
2201.640 |
2878.166 |
|
|
|
|
|
|
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 |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
1140.931 |
1273.746 |
1594.025 |
|
|
0.000 |
11.641 |
25.145 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
1140.931 |
1273.746 |
1594.025 |
|
Profit/ (Loss) |
23.599 |
(121.638) |
(218.757) |
|
|
2.07
% |
(9.55
%) |
(13.72
%) |
LEGAL
CASES
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 |
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 |
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 |
Yes |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
NOTE: Registered office of the company has been shifted from Mumbai, Maharashtra, India to the present address.
STATE OF COMPANYS
AFFAIR AND FUTURE OUTLOOK
Subject produces branded packaged food products with a focus on European cuisines in India. The company offers western cuisine foods, including mayo sauces, spreads, salad dressings, peanut butter, barbecue sauces, and mustards; Italian cuisine foods, such as pastas and pizzas; Mexican sauces; and Asian cuisine foods, such as Chinese and Indian cuisine foods with sauces. Its product range also includes mayonnaises, cakes, dessert toppings, desserts, beverages, and starts, and others. The company offers its products through retail chains, local and neighborhood stores, and metros; and convenience stores, shopping centers, and residential and commercial hubs. The Company acquired Fun Foods, a leading purveyor of western cuisine in India. Dr. Oetker in India functions as the parent brand and aims to have various sub-brands under its umbrella. The first and current sub-brand is Fun Foods. Fun Foods is a leader in offering western cuisine in India and thus a perfect match. The product range includes mayonnaises, sauces, spreads, salad dressings, cakes, dessert toppings amongst others.
The Company has reported a total income of INR 1611.772 Million for the current year as compared to INR 1282.485 Million in the previous year.
INDEX
OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
B18785162 |
90033608 |
ORIENTAL BANK OF COMMERCE |
26/12/1995 |
22/05/2008 |
20/08/2011 |
10000000.0 |
INSTITUTIONAL AREA HAUZ KHASNEW DELHIDL110016IN |
|
2 |
B18996801 |
90035283 |
ORIENTAL BANK OF COMMERCE |
13/07/1999 |
17/02/2003 |
20/08/2011 |
1500000.0 |
BATRA HOSPITALNEW DELHIDLIN |
|
3 |
B18784603 |
90037873 |
ORIENTAL BANK OF COMMERCE |
17/02/2003 |
- |
20/08/2011 |
1000000.0 |
HAUZ KHASNEW DELHIDLIN |
|
4 |
B19485580 |
10061344 |
ORIENTAL BANK OF COMMERCE |
11/07/2007 |
- |
17/12/2008 |
5000000.0 |
A-2/40, GROUND FLOOR,SAFDARJUNG ENCLAVENEW DELHIDL110029IN |
|
5 |
B37019601 |
90035327 |
ORIENTAL BANK OF COMMERCE |
10/08/1999 |
25/05/2004 |
25/08/2008 |
1500000.0 |
HAUZ KHASNEW DELHIDLIN |
|
6 |
B17302324 |
90032756 |
RAJASTHAN FINANCIAL CORPORATION |
07/05/1991 |
- |
02/01/1996 |
902826.0 |
JAIPURJAIPURUPIN |
|
7 |
B18290783 |
80043877 |
State Bank of India |
06/07/1989 |
- |
04/01/1995 |
190000.0 |
South Extension ,Part IINew DelhiDL110049IN |
|
8 |
B18285767 |
90032131 |
STATE BANK OF INDIA |
02/09/1987 |
- |
04/01/1995 |
38000.0 |
SOUTH EXTENSION PART IINEW DELHIDLIN |
|
9 |
B18289603 |
90031535 |
STATE BANK OF INDIA |
23/12/1973 |
- |
04/01/1995 |
500000.0 |
SOUTH EXTENSION PART IINEW DELHIDLIN |
FIXED ASSETS
Tangible assets
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
- Leasehold improvements
Intangible assets
- Brands and trade marks
- Trade marks
- Computer software
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 64.93 |
|
|
1 |
INR 90.72 |
|
Euro |
1 |
INR 80.32 |
INFORMATION DETAILS
|
Information
Gathered by : |
PNM |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
SUJ |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.