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MIRA INFORM REPORT
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Report No. : |
498033 |
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Report Date : |
19.03.2018 |
IDENTIFICATION DETAILS
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Name : |
LMS TRADING AND LOGISTICS PRIVATE LIMITED |
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Registered
Office : |
1st Floor, Room 15, 1, R N Mukherjee Road, Martin Burn House,
Kolkata – 700001, West Bengal |
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Tel. No.: |
91-33-40012726 |
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Country : |
India |
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Financials (as
on) : |
Not Available |
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Date of
Incorporation : |
11.08.2016 |
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Com. Reg. No.: |
21-217088 |
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Capital Investment
/ Paid-up Capital : |
INR 1.000 Million |
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CIN No.: [Company Identification
No.] |
U51909WB2016PTC217088 |
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IEC No.: |
Not Applicable (As informed by the management that firm
does not have export and import) |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AADCL1252D |
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GST No.: |
19AADCL125D1ZV |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
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Trader of all kinds of Minerals, Steel, Iron, Metal, Coal and their allied products. (Registered Activity and also Confirmed by management) |
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No. of Employees
: |
20 (Approximately) |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is a relatively new company incorporated in August 2016. The company is based in Kolkata, West Bengal. It is having moderate track record. Management of the company has not filed its financials with the government department for the year 2017.
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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India |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
EXTERNAL AGENCY RATING
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Rating Agency Name |
Not Available |
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Rating |
Not Available |
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Rating Explanation |
Not Available |
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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 19.03.2018
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 PARTED BY
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Name : |
Mr. Yogesh Labh Chand Jain |
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Designation : |
Additional Director |
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Contact No.: |
91-9874212345 |
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Date : |
19.03.2018 |
LOCATIONS
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Registered Office : |
1st Floor, Room 15, 1, R N Mukherjee Road, Martin Burn House,
Kolkata – 700001, West Bengal, India |
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Tel. No.: |
91-33-40012726 |
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Mobile No.: |
91-9874212345 (Mr. Yogesh Labh Chand Jain) |
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Fax No.: |
Not Available |
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E-Mail : |
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Area : |
300 Sq. ft. |
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Location : |
Leased |
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Locality : |
Commercial |
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Warehouse : |
Plot No.1859, Ragra GP, P.S Sankrail, West Mednipore-721517, West
Bengal, India |
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Area : |
10000 Sq. ft. |
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Location : |
Owned |
DIRECTORS
As on 2017
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Name : |
Mr. Ram Chandra Binani |
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Designation : |
Additional Director |
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Address : |
17/2, Rajani Kumar Sen Lane, Howrah -711101, West Bengal, India |
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Date of Birth/ Age : |
06.02.1945 |
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Date of Appointment : |
30.06.2017 |
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DIN No.: |
07858466 |
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Other Directorship:
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Name : |
Mr. Yogesh Labh Chand Jain |
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Designation : |
Additional Director |
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Address : |
Canning Properties, 8 Canning Street, 1st Floor, Suit No-111, Kolkata - 700001, West Bengal, India |
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Date of Birth/ Age : |
01.01.1984 |
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Date of Appointment : |
05.12.2016 |
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PAN No.: |
BEOPJ9745L |
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DIN No.: |
07576539 |
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
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Names of Shareholders |
No. of Shares |
%age
holding |
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Nabin Chakraborty |
5000 |
50.00 |
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Ram Chandra Binani |
5000 |
50.00 |
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Total |
10000 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2018
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Category |
Percentage |
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Promoters (Individual/Hindu Undivided Family – Indian) |
100.00 |
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Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Trader of all kinds of Minerals, Steel, Iron, Metal, Coal and their allied products. (Registered Activity and also Confirmed by management) |
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Products : |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Cash, Cheque and Credit (90 Days) |
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Purchasing : |
Cash, Cheque and Credit (90 Days) |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
Wholesalers, Retailers and End Users
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No. of Employees : |
20 (Approximately) |
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Bankers : |
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Auditors : |
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Name : |
R.K. Mundhra and Company Chartered Accountants |
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Address : |
27, Weston Street, 5th Floor, Room No.59, Kolkata – 700012,
West Bengal, India |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
As on 29.09.2017
Authorised Capital :
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No. of Shares |
Type |
Value |
Amount |
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500000 |
Equity Shares |
INR 10/- each |
INR 5.000 Million |
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Issued, Subscribed & Paid-up Capital :
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No. of Shares |
Type |
Value |
Amount |
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100000 |
Equity Shares |
INR 10/- each |
INR 1.000
Million |
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FINANCIAL DATA
[all figures are
in INR Million]
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Particulars |
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31.03.2017 (Provisional) |
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Sales Turnover (Approximately) |
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850.000 |
Expected Sales (2017-2018): INR 1500.000 Million (Due to business
growth)
The above information has been parted by Mr. Yogesh Labh Chand
Jain (Additional Director)
LOCAL AGENCY FURTHER INFORMATION
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Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
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1 |
Year of establishment |
Yes |
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2 |
Constitution of the entity -Incorporation
details |
Yes |
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3 |
Locality of the entity |
Yes |
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4 |
Premises details |
Yes |
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5 |
Buyer visit details |
-- |
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6 |
Contact numbers |
Yes |
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7 |
Name of the person contacted |
Yes |
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8 |
Designation of contact person |
Yes |
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9 |
Promoter’s background |
Yes |
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10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
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11 |
Pan Card No. of Proprietor / Partners |
Yes |
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12 |
Voter Id Card No. of Proprietor / Partners |
No |
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13 |
Type of business |
Yes |
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14 |
Line of Business |
Yes |
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15 |
Export/import details (if applicable) |
No |
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16 |
No. of employees |
Yes |
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17 |
Details of sister concerns |
No |
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18 |
Major suppliers |
Yes |
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19 |
Major customers |
Yes |
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20 |
Banking Details |
Yes |
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21 |
Banking facility details |
No |
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22 |
Conduct of the banking account |
Yes |
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23 |
Financials, if provided |
Yes |
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24 |
Capital in the business |
Yes |
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25 |
Last accounts filed at ROC, if applicable |
No |
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26 |
Turnover of firm for last about 6
months |
Yes |
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27 |
Reasons for variation <> 20% |
-- |
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28 |
Estimation for coming financial year |
Yes |
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29 |
Profitability for last three years |
No |
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30 |
Major shareholders, if available |
Yes |
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31 |
External Agency Rating, if available |
No |
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32 |
Litigations that the firm/promoter
involved in |
-- |
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33 |
Market information |
-- |
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34 |
Payments terms |
Yes |
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35 |
Negative Reporting by Auditors in the Annual
Report |
No |
NOTE: Registered office of the company has been shifted from “5th Floor, Room 34A, 1, R N Mukherjee Road, , Kolkata, West Bengal” to the present address w.e.f. 01.07.2017
INDEX
OF CHARGES: NO CHARGES EXISTS FOR COMPANY
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
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Currency |
Unit
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INR |
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US Dollar |
1 |
INR 64.87 |
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1 |
INR 90.48 |
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Euro |
1 |
INR 79.91 |
INFORMATION DETAILS
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Information
Gathered by : |
GYT |
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
RKI |
SCORE FACTORS
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
NO |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low risk
of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably on
secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.