|
|
|
MIRA
INFORM REPORT
|
Report No. : |
499174 |
|
Report Date : |
23.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
ANAROCK PROPERTY CONSULTANTS PRIVATE
LIMITED (w.e.f. 05.07.2017) |
|
|
|
|
Formerly known
as : |
JONES LONG LASALLE RESIDENTIAL PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
1002, 10th Floor, B-Wing, One BKC, Plot No. C-66, G Block, Bandra
Kurla Complex, Bandra East, Mumbai – 400051, Maharashtra |
|
Tel. No.: |
91-22-66207575 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
27.06.2011 |
|
|
|
|
Com. Reg. No.: |
11-219140 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 9.947 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U70100MH2011PTC219140 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
The company provide Real estate services relating in residential
properties and other related services. (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 |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 2011 having satisfactory track
record. It is engaged as brokers, consultants and advisors to builders,
realtors, developers and contractors. For the financial year 2017, the company has achieved decent growth of
45.59% in its revenue as compared to its previous year along with fair profit
margin of 5.26% during the year. Rating takes into consideration, the healthy financial risk profile
marked by adequate net worth base and strong debt protection metrics. Rating continue to derive strength from its established track record
of its business operation backed by its well-experienced management team. However, these rating strengths gets partially offset by competition
face by a company in real estate industry through other established players
in the market. Payments seems to be regular. In view of aforesaid, the company can be considered for business
dealings at usual 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.
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 23.03.2018
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. Raj Kumar Singh |
|
Designation : |
Accounts Department |
|
Contact No.: |
91-9867870300 |
|
Date : |
22.03.2018 |
|
Name : |
Mr. Dinesh |
|
Designation : |
Not Divulged |
|
Contact No.: |
91-22-66207575 |
|
Date : |
22.03.2018 |
Mobile No.: 91-920094398 / 9910232776 – Switch off
LOCATIONS
|
Registered Office : |
1002, 10th Floor, B-Wing, One BKC, Plot No. C-66, G Block, Bandra
Kurla Complex, Bandra East, Mumbai – 400051, Maharashtra, India |
|
Tel. No.: |
91-22-66207575 / 42934293 |
|
Mobile No.: |
91-9867870300 (Mr. Raj Kumar Singh) |
|
Fax No.: |
91-22-66207575 |
|
E-Mail : |
|
|
|
|
|
Our Location : |
Located at:
|
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Santhosh Kumar Janardhana |
|
Designation : |
Additional Director |
|
Address : |
12 B Sagar Apartments 6, Tilak Marg, Delhi – 110001, India
|
|
Date of Appointment : |
12.01.2018 |
|
DIN No.: |
00030513 |
|
|
|
|
Name : |
Mr. Anuj Puri |
|
Designation : |
Director |
|
Address : |
1004, Quantum Park, Building No. 2, Gulab Nagar, Khar
Danda, Khar West, Mumbai – 400052, Maharashtra, India |
|
Date of Appointment : |
24.04.2017 |
|
DIN No.: |
00048386 |
|
|
|
|
Name : |
Mrs. Rohin Raja Shah |
|
Designation : |
Director |
|
Address : |
18, The Green, London N147eh Gb |
|
Date of Appointment : |
14.06.2017 |
|
DIN No.: |
00583929 |
|
|
|
|
Name : |
Mr. Devesh Asawa |
|
Designation : |
Director |
|
Address : |
607, Pinnacle Tower, Ahinsha Khand II Indirapuram,
Ghaziabad – 201010, Uttar Pradesh, India |
|
Date of Appointment : |
31.03.2017 |
|
DIN No.: |
02697970 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
No. of Shares |
%age |
|
Atul Chawla and Indira Chawla |
246800 |
40.00 |
|
Jones Lang Lasalle Property Consultants |
185100 |
30.00 |
|
Peter Properties Limited |
185100 |
30.00 |
|
Total |
617000 |
100.00 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2017
|
Category |
Percentage |
|
Promoter - Bodies
corporate |
70.00 |
|
Promoter - Others Trust |
30.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The company provide Real estate services relating in residential
properties and other related services. (Registered activity) |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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||||
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Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management |
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Bankers : |
|
||||||||||||||||||||||
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Auditors : |
|
|
Name : |
BSR and Associates LLP Chartered Accountants |
|
Address : |
Maruthi Info-Tech Centre,11-12/1, Inner Ring Road, Koramangala,, Bangalore
– 560071, Karnataka, India |
|
Tel. No.: |
91-80-71347000 |
|
Fax No.: |
91-80-71347990 |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AADFB6889R |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
After 29.09.2017
Authorised Capital : INR 20.000 Million
Issued, Subscribed & Paid-up Capital : INR 9.947 Million
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
INR 10/- each |
INR 10.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
617000 |
Equity Shares |
INR 10/- each |
INR 6.170 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 |
6.170 |
3.000 |
3.000 |
|
(b) Reserves & Surplus |
207.464 |
94.172 |
85.596 |
|
(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) |
213.634 |
97.172 |
88.596 |
|
|
|
|
|
|
(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 |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
6.656 |
5.374 |
3.959 |
|
Total
Non-current Liabilities (3) |
6.656 |
5.374 |
3.959 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
66.840 |
67.225 |
21.101 |
|
(c) Other current liabilities |
71.502 |
64.553 |
21.871 |
|
(d) Short-term provisions |
2.206 |
1.875 |
18.761 |
|
Total
Current Liabilities (4) |
140.548 |
133.653 |
61.733 |
|
|
|
|
|
|
TOTAL |
360.838 |
236.199 |
154.288 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
5.398 |
2.421 |
3.392 |
|
(ii) Intangible Assets |
3.194 |
2.294 |
2.254 |
|
(iii) Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets under
development |
0.266 |
0.018 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
11.193 |
22.622 |
17.930 |
|
(d) Long-term Loan and Advances |
51.334 |
47.987 |
0.150 |
|
(e) Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
71.385 |
75.342 |
23.726 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade receivables |
201.961 |
99.554 |
70.558 |
|
(d) Cash and cash equivalents |
58.304 |
21.087 |
12.748 |
|
(e) Short-term loans and
advances |
2.058 |
0.399 |
0.000 |
|
(f) Other current assets |
27.130 |
39.817 |
47.256 |
|
Total
Current Assets |
289.453 |
160.857 |
130.562 |
|
|
|
|
|
|
TOTAL |
360.838 |
236.199 |
154.288 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
459.428 |
315.555 |
265.787 |
|
|
Other Income |
6.718 |
0.111 |
0.598 |
|
|
TOTAL
|
466.146 |
315.666 |
266.385 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employees benefits expense |
246.101 |
175.421 |
138.451 |
|
|
Other expenses |
172.404 |
123.418 |
110.656 |
|
|
TOTAL |
418.505 |
298.839 |
249.107 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
47.641 |
16.827 |
17.278 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
47.641 |
16.827 |
17.278 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
3.429 |
2.957 |
2.609 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
44.212 |
13.870 |
14.669 |
|
|
|
|
|
|
|
Less |
TAX |
19.678 |
5.294 |
2.146 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
24.534 |
8.576 |
12.523 |
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
40.172 |
31.596 |
19.073 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
64.706 |
40.172 |
31.596 |
|
|
|
|
|
|
|
|
EARNINGS
IN FOREIGN CURRENCY |
|
|
|
|
|
Consultancy Services |
5.195 |
0.000 |
NA |
|
|
TOTAL
EARNINGS |
5.195 |
0.000 |
NA |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (INR) |
41.45 |
28.59 |
42.00 |
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 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from operating activity |
(95.398) |
10.273 |
(1.062) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
160.45 |
115.15 |
96.90 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
2.27 |
3.17 |
3.77 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
5.38 |
3.56 |
3.06 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.39 |
0.57 |
0.40 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.66 |
1.38 |
0.70 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.04 |
0.05 |
0.06 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
5.34 |
2.72 |
4.71 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
6.80 |
3.63 |
8.12 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
11.48 |
8.83 |
14.13 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.06 |
1.20 |
2.11 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
2.06 |
1.20 |
2.11 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.59 |
0.41 |
0.57 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
2.06 |
1.20 |
2.11 |
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 |
3.000 |
3.000 |
6.170 |
|
Reserves & Surplus |
85.596 |
94.172 |
207.464 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
88.596 |
97.172 |
213.634 |
|
|
|
|
|
|
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
|
265.787 |
315.555 |
459.428 |
|
|
|
18.725 |
45.594 |
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
|
265.787 |
315.555 |
459.428 |
|
Profit |
12.523 |
8.576 |
24.534 |
|
|
4.71% |
2.72% |
5.34% |
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 |
No |
|
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 |
Yes |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
BACKGROUND:
Subject (formerly known as JONES LONG LASALLE RESIDENTIAL PRIVATE
LIMITED) is a private limited company domiciled in India and incorporated under
the provisions of the companies Act, having its registered office at Level 7,
Tower A, Penisula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai –
400013, Maharashtra, India. The company provides real estate agents services
relating to residential properties and other related services.
BRIEF DESCRIPTION
OF THE COMPANY’S WORKING DURING THE YEAR / STATE OF COMPANY’S AFFAIRS
The company’s operations during the year resulted in Profit of INR
44.212 Million as compared to the Profit of INR 13.870 Million in previous year
March 31, 2016. The revenue from operation increased by 31% at INR 459.428
Million for the year as against INR 315.555 Million for the year ended March
31, 2016.
During the Period the Net profit tax of the company is INR 24.532
Million which is increased by INR 15.957 Million as compared to the Net Profit
after tax of INR 8.575 Million for the year ended 31st March 2016.
INDEX OF CHARGES: NO CHARGES EXIST FOR THE
COMPANY
CONTINGENT
LIABILITIES:
(INR in million)
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
|
Income tax demands not acknowledge as debts |
5.587 |
5.547 |
FIXED ASSETS
- Furniture and Fixture
- Vehicle
- Office Equipment
- Computers
- Scooter
- Leasehold Improvement
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 65.06 |
|
|
1 |
INR 92.06 |
|
Euro |
1 |
INR 80.37 |
INFORMATION DETAILS
|
Information
Gathered by : |
SLK |
|
|
|
|
Analysis Done by
: |
NSR |
|
|
|
|
Report Prepared
by : |
SUJ |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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 |
NO |
|
--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.