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|
MIRA INFORM REPORT
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Report No. : |
508147 |
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Report Date : |
08.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
SHREE SANT KRIPA APPLIANCES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
SYSKA House, Office No. S-5, 5th Floor, S. No.2, Sakore Nagar, New
Airport Road, Near Anand Residency, Pune - 411014, Maharashtra |
|
Tel. No.: |
91-20-40131000 |
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|
Country : |
India |
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Financials (as
on) : |
31.03.2016 |
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Date of
Incorporation : |
12.05.2006 |
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|
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|
Com. Reg. No.: |
11-128465 |
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|
|
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Capital
Investment / Paid-up Capital : |
INR 216.311
Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32109PN2006PTC128465 |
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|
|
|
IEC No.: [Import-Export Code No.] |
3107012335 |
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TIN No.: |
27610549845 |
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GSTN : [Goods & Service Tax
Registration No.] |
27AAJCS9896A1ZT |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AAJCS9896A |
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|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged into business of Trading of Mobiles, Accessories and Allied Products and also Trading of LED Lights and Allied Lighting Products and Trading of Home Appliances Products. [Registered Activity] |
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No. of Employees
: |
Not Divulged |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January
2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 2006. It is engaged in trading of mobiles, accessories and allied products and also trading of LED lights and allied lighting products and trading of home appliances products. Management has failed to file its financials with Registrar of Companies for the FY 2017. As per the available financial of 2016, the revenue of the company has increased by 3.10% along with low profit margin of 0.40%. The sound financial profile of the company is marked by strong networth base along with average debt coverage indicators. Rating is constrained on account of absence of latest financials. However, rating strengths are partially offset by unfavourable gap between trade payables and trade receivables. Business is active. Payment seems to be usually correct. In view of aforesaid, the company can be considered for good 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 |
CARE |
|
Rating |
Long term bank facilities = A- |
|
Rating Explanation |
Adequate degree of safety and low credit
risk. |
|
Date |
15.01.2018 |
|
Rating Agency Name |
CARE |
|
Rating |
Short term bank facilities = A2 |
|
Rating Explanation |
Strong degree of safety and low credit risk.
|
|
Date |
15.01.2018 |
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 08.05.2018.
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 DECLINED
MANAGEMENT NON-COOPERATIVE [TEL. NO.: 91-20-26160411/
40131000]
LOCATIONS
|
Registered Office : |
SYSKA House, Office No. S-5, 5th Floor, S. No.2, Sakore Nagar, New Airport
Road, Near Anand Residency, Pune - 411014, Maharashtra, India |
|
Tel. No.: |
91-20-40131000/ 26160411/ 40131009 |
|
Fax No.: |
91-20-26164837 |
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E-Mail : |
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|
Website : |
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Head Office: |
SYSKA House, Plot Nos. 89+90+91, Survey No. 232/1+2, Lane No.4,
Sakorenagar, Lohegaon, Pune - 411014. Maharashtra, India |
|
|
|
|
Works : |
R 538-539-540, 1st Floor, Near Golden Garage, TTC
Industrial Area, |
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|
|
|
Branch Offices : |
Located at: · Bhopal · Mumbai · Solapur · Raipur · Aurangabad · Ahmedabad · Navi Mumbai · Gurgaon · Goa · Hyderabad · Kolhapur · Dhantoli · Nashik |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Rajesh Jeevan Uttamchandani |
|
Designation : |
Whole-time director |
|
Address : |
A-6, Clover Garden, Neylore Road,
Pune-411001, Maharashtra, India |
|
Date of Birth/Age : |
08.01.1964 |
|
Qualification : |
B.E.
(Mech.) |
|
Date of Appointment : |
12.05.2006 |
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PAN No.: |
AABPU5362J |
|
DIN No.: |
00139105 |
|
|
|
|
Name : |
Mr. Govind Jeevan Uttamchandani |
|
Designation : |
Whole-time director |
|
Address : |
A-6, Clover Garden, Neylore Road,
Pune-411001, Maharashtra, India |
|
Date of Birth/Age : |
01.05.1961 |
|
Qualification : |
B.
Tech. (Chemical Engineering), M.B.A. |
|
Date of Appointment : |
12.05.2006 |
|
PAN No.: |
AABPU5180E |
|
DIN No.: |
00139239 |
KEY EXECUTIVES
|
Name : |
Mrs. Yogita Arun Hanamshet |
|
Designation : |
Company Secretary |
|
Address : |
Flat No A-9, Maurya Garden Coop Society, S. No. 52/26A, Opposite Guruganesh Nagar, Kothrud Pune 411029, Maharashtra, India |
|
Date of Appointment : |
28.04.2015 |
|
PAN No.: |
AFGPH3444E |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Rajesh Uttamchandani |
|
2116080 |
|
Govind Uttamchandani |
|
2116080 |
|
Govind Uttamchandani (HUF) |
|
3069500 |
|
Rajesh Uttamchandan (HUF) |
|
3069499 |
|
SSK Infotech Private Limited, India |
|
700000 |
|
Bagh Bahar Appliances Private Limited, India |
|
297500 |
|
Meena Uttamchandani |
|
1923205 |
|
Sunita Uttamchandani |
|
1923205 |
|
Honey Uttamchandani |
|
1604000 |
|
Gitika Uttamchandani |
|
1604000 |
|
Gurumukh Uttamchandani |
|
1604000 |
|
Jyotsna Uttamchandani |
|
1604000 |
|
|
|
|
|
Total |
|
21631069 |
AS ON 05.10.2016
|
Names of Allottees |
|
No. of Shares |
|
Rajesh Uttamchandani |
|
39813 |
|
Govind Uttamchandani |
|
39813 |
|
Govind Uttamchandani (HUF) |
|
57824 |
|
Rajesh Uttamchandan (HUF) |
|
57824 |
|
SSK Infotech Private Limited, India |
|
13202 |
|
Bagh Bahar Appliances Private Limited, India |
|
5622 |
|
Meena Uttamchandani |
|
36227 |
|
Sunita Uttamchandani |
|
36227 |
|
Honey Uttamchandani |
|
30237 |
|
Gitika Uttamchandani |
|
30237 |
|
Gurumukh Uttamchandani |
|
30237 |
|
Jyotsna Uttamchandani |
|
30237 |
|
|
|
|
|
Total |
|
407500 |
AS ON 31.03.2017
|
Names of Alloottees |
|
No. of Shares |
|
Rajesh Uttamchandani |
|
31750 |
|
Govind Uttamchandani |
|
18250 |
|
|
|
|
|
Total |
|
50000 |
AS ON: 30.09.2016
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters – Individual/ Hindu Undivided Family – Indian |
19.57 |
|
Promoters – Body Corporate |
75.82 |
|
Public/Other than promoters – Individual/ Hindu Undivided
Family – Indian |
4.61 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged into business of Trading of Mobiles, Accessories and Allied Products and also Trading of LED Lights and Allied Lighting Products and Trading of Home Appliances Products. [Registered Activity] |
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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 Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Not Divulged |
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Purchasing : |
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 : |
Not Divulged |
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Bankers : |
· Punjab National Bank 11/12, Nava Swaraj CHS Limited, Ideal Colony, Paud Road, Kothrud, Pune - 411038, Maharashtra, India · Standard Chartered Bank Abhijit II, Ground Floor, Mithakali Road, Ahmedabad - 380006, Gujarat, India · State Bank of India Industrial Finance Branch, Tara Chambers, Old Pune-Mumbai Highway, Wakdewadi, Pune-411003, Maharashtra, India |
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Facilities : |
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Financial
Institution: |
· Reliance Capital Limited "H" Block 1st Floor, Dhirubhai Ambani Knowledge City, Koparkhairne, Navi Mumbai - 400710, Maharashtra, India · Paisalo Digital Limited 101, CSC Pocket-52, Cr Parknear Police Station, New Delhi-110019, India · S. E. Investments Limited |
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Auditors : |
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|
Name : |
Kango Digambar Ganesh Chartered Accountants |
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Address : |
Sadashiv Peth, Tilak Road, Pune - 411030, Maharashtra, India |
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PAN No.: |
AABCF1992N |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Subsidiary company: |
Shree Sant Kripa Accessories Private Limited |
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|
Enterprises owned or significantly
influenced by key management personnel or their relatives and related parties: |
· SSK Developers LLP · Gurunanak Marketing · SSK Infotech Private Limited SSK Retails Private Limited · Bagh Bahar Appliances Private Limited [U29305PN1997PTC108822] · Syska LED Lights Private Limited · SSK Fruits and Farms LLP · Shree Sant Kripa Appliances PTE Limited · Syska LED Lights FZE |
CAPITAL STRUCTURE
AFTER 30.09.2016
Authorised Capital : INR 300.000 Million
Issued, Subscribed & Paid-up Capital : INR 223.386
Million
AS ON: 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
30000000 |
Equity Shares |
INR 10/- each |
INR 300.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
21631069 |
Equity Shares |
INR 10/- each |
INR 216.311
Million |
|
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|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
216.311 |
216.311 |
216.311 |
|
(b) Reserves & Surplus |
2257.694 |
1940.631 |
1629.965 |
|
(c) Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share
Application money pending allotment |
0.000 |
143.000 |
143.000 |
|
Total Shareholders’
Funds (1) + (2) |
2474.005 |
2299.942 |
1989.276 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
250.553 |
336.015 |
282.808 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
4.040 |
|
(c)
Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d)
long-term provisions |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
250.553 |
336.015 |
286.848 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
6208.677 |
5694.581 |
5570.101 |
|
(b)
Trade payables |
1212.230 |
1174.610 |
0.000 |
|
(c)
Other current liabilities |
265.165 |
154.826 |
829.684 |
|
(d)
Short-term provisions |
0.000 |
0.000 |
134.420 |
|
Total
Current Liabilities (4) |
7686.072 |
7024.017 |
6534.205 |
|
|
|
|
|
|
TOTAL |
10410.630 |
9659.974 |
8810.329 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
169.508 |
153.695 |
75.140 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
55.805 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
33.086 |
67.066 |
51.220 |
|
(c) Deferred tax assets
(net) |
0.383 |
0.383 |
0.000 |
|
(d) Long-term Loan
and Advances |
0.000 |
0.000 |
0.000 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
14.129 |
|
Total
Non-Current Assets |
202.977 |
221.144 |
196.294 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
2927.850 |
3618.468 |
4184.405 |
|
(c)
Trade receivables |
6357.072 |
5006.778 |
3979.776 |
|
(d)
Cash and cash equivalents |
681.151 |
415.237 |
336.990 |
|
(e)
Short-term loans and advances |
158.719 |
277.316 |
0.000 |
|
(f)
Other current assets |
82.861 |
121.031 |
112.864 |
|
Total
Current Assets |
10207.653 |
9438.830 |
8614.035 |
|
|
|
|
|
|
TOTAL |
10410.630 |
9659.974 |
8810.329 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
78427.297 |
76070.571 |
75353.228 |
|
|
|
Other Income |
400.213 |
855.051 |
410.185 |
|
|
|
TOTAL |
78827.510 |
76925.622 |
75763.413 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
75566.794 |
74134.042 |
73616.230 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
690.618 |
565.937 |
0.000 |
|
|
|
Employees benefits expense |
783.005 |
638.568 |
438.457 |
|
|
|
Exceptional Items |
0.000 |
0.000 |
227.084 |
|
|
|
Other expenses |
541.722 |
394.271 |
471.320 |
|
|
|
TOTAL |
77582.139 |
75732.818 |
74753.091 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
1245.371 |
1192.804 |
1010.322 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
792.528 |
748.365 |
598.071 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
452.843 |
444.439 |
412.251 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
25.780 |
28.183 |
4.761 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
427.063 |
416.256 |
407.490 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
110.000 |
105.577 |
69.874 |
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
317.063 |
310.679 |
337.616 |
|
|
|
|
|
|
|
|
|
|
Earnings/ (Loss)
Per Share (INR) |
14.66 |
14.36 |
15.61 |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
19.125 |
0.000 |
0.000 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
847.951 |
494.924 |
(1184.545) |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
737.951 |
384.925 |
(1071.545) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
29.59 |
24.02 |
19.28 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
12.34 |
15.19 |
18.93 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
5.86 |
5.78 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.43 |
0.33 |
0.24 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
7.35 |
7.76 |
7.72 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.76 |
0.76 |
0.77 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
2.62 |
2.62 |
2.94 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
3.11 |
3.05 |
3.28 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.07 |
0.07 |
0.07 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
1.57 |
1.59 |
1.69 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
0.40 |
0.41 |
0.45 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
3.05 |
3.22 |
3.83 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
12.82 |
13.51 |
16.97 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.33 |
1.34 |
1.32 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.95 |
0.83 |
0.68 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.24 |
0.24 |
0.23 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
29.95 |
27.88 |
27.06 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.33 |
1.34 |
1.32 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
in INR Million]
DEBT EQUITY RATIO
|
Particulars |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
216.311 |
216.311 |
216.311 |
|
Reserves & Surplus |
1629.965 |
1940.631 |
2257.694 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
143.000 |
143.000 |
0.000 |
|
Net
worth |
1989.276 |
2299.942 |
2474.005 |
|
|
|
|
|
|
Long-term borrowings |
282.808 |
336.015 |
250.553 |
|
Short term borrowings |
5570.101 |
5694.581 |
6208.677 |
|
Current Maturities of Long
term debt |
0.000 |
0.000 |
19.125 |
|
Total
borrowings |
5852.909 |
6030.596 |
6478.355 |
|
Debt/Equity
ratio |
2.942 |
2.622 |
2.619 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
75353.228 |
76070.571 |
78427.297 |
|
|
|
0.952 |
3.098 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
75353.228 |
76070.571 |
78427.297 |
|
Profit |
337.616 |
310.679 |
317.063 |
|
|
0.45% |
0.41% |
0.40% |
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 |
Yes |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
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 |
External Agency Rating, if available |
Yes |
|
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 |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G85111391 |
100172769 |
STANDARD CHARTERED BANK |
26/03/2018 |
- |
- |
900000000.0 |
ABHIJIT II, GROUND FLOOR, MITHAKALI ROAD,AHMEDABADGJ380006IN |
|
2 |
G74138959 |
100148249 |
PAISALO DIGITAL LIMITED |
22/12/2017 |
- |
- |
40000000.0 |
101 CSC POCKET-52, CR PARKNEAR POLICE STATIONNEW DELHIDE110019IN |
|
3 |
G74138645 |
100148250 |
PAISALO DIGITAL LIMITED |
22/12/2017 |
- |
- |
40000000.0 |
101 CSC POCKET-52, CR PARKNEAR POLICE STATIONNEW DELHIDE110019IN |
|
4 |
G40272866 |
100088556 |
STATE BANK OF INDIA |
02/03/2017 |
- |
- |
1500000000.0 |
INDUSTRIAL FINANCE BRANCH, TARA CHAMBERS,OLD PUNE-MUMBAI HIGHWAY, WAKDEWADIPUNEMH411003IN |
|
5 |
G79470761 |
10622226 |
SBICAP TRUSTEE COMPANY LIMITED |
21/01/2016 |
23/02/2018 |
- |
7350000000.0 |
202, MAKER TOWER, 'E', CUFFE PARADE,COLABA,MUMBAIMH400005IN |
|
6 |
B85118016 |
10449309 |
RELIANCE CAPITAL LTD |
20/09/2013 |
- |
- |
40000000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
7 |
B58378746 |
10377202 |
RELIANCE CAPITAL LTD |
24/09/2012 |
- |
- |
26280000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
8 |
B58378068 |
10377199 |
RELIANCE CAPITAL LTD |
24/09/2012 |
- |
- |
52560000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
9 |
B58378951 |
10377204 |
RELIANCE CAPITAL LTD |
24/09/2012 |
- |
- |
52560000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
10 |
B31232218 |
10333545 |
RELIANCE HOME FINANCE PRIVATE LIMITED |
31/01/2012 |
- |
- |
18000000.0 |
3RD FLOOR-570, RECTIFIER HOUSENAIGAM CROSS ROAD, WADALAMUMBAIMH400031IN |
|
11 |
B30098404 |
10340249 |
RELIANCE CAPITAL LTD |
24/10/2011 |
- |
- |
9000000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
12 |
B30097257 |
10340250 |
RELIANCE CAPITAL LTD |
24/10/2011 |
- |
- |
9000000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
13 |
G86102746 |
100026095 |
INDUSIND BANK LIMITED |
14/03/2016 |
- |
09/04/2018 |
500000000.0 |
132, FORT ELIZA, DIAGONALLYOPP. MARIEPLEX, KALYANI NAGARPUNEMH411014IN |
|
14 |
G84999879 |
100129345 |
STANDARD CHARTERED BANK |
26/05/2017 |
- |
27/03/2018 |
1000000000.0 |
ABHIJIT II, GROUND FLOOR, MITHAKALI ROAD,AHMEDABADGJ380006IN |
|
15 |
G74063512 |
100080281 |
S. E. INVESTMENTS LIMITED |
20/12/2016 |
- |
09/01/2018 |
22000000.0 |
101 CSC POCKET-52, CR PARKNEAR POLICE STATIONNEW DELHIDE110019IN |
|
16 |
G74064106 |
100080762 |
S. E. INVESTMENTS LIMITED |
20/12/2016 |
- |
09/01/2018 |
28000000.0 |
101 CSC POCKET-52, CR PARKNEAR POLICE STATIONNEW DELHIDE110019IN |
|
17 |
G05341425 |
10481252 |
PUNJAB NATIONAL BANK |
28/02/2014 |
- |
10/06/2016 |
350000000.0 |
11/12, NAVA SWARAJ CHS LTD. IDEAL COLONY,PAUD ROAD, KOTHRUDPUNEMH411038IN |
|
18 |
G02746766 |
10214468 |
STATE BANK OF INDIA |
18/03/2010 |
22/03/2013 |
21/04/2016 |
5000000000.0 |
SME BACKBAY RECLAMATION BRANCH,MUMBAIMH400021IN |
|
19 |
C78398674 |
10530523 |
S. E. INVESTMENTS LIMITED |
12/11/2014 |
- |
04/02/2016 |
30000000.0 |
S-547IIND FLOOR MAIN ROADSHAKAR PURNEW DELHIDL110092IN |
|
20 |
C78395647 |
10530519 |
S. E. INVESTMENTS LIMITED |
12/11/2014 |
- |
04/02/2016 |
35000000.0 |
S-547IIND FLOOR MAIN ROADSHAKAR PURNEW DELHIDL110092IN |
|
21 |
B85762961 |
10428001 |
RELIANCE CAPITAL LTD |
24/05/2013 |
- |
17/09/2013 |
75000000.0 |
"H" BLOCK 1ST FLOORDHIRUBHAI AMBANI KNOWLEDGE CITY, KOPARKHAIRNENAVI MUMBAIMH400710IN |
|
22 |
B55814917 |
10336492 |
STANDARD CHARTERED BANK |
06/09/2011 |
- |
26/07/2012 |
500000000.0 |
23 NARIAN MANZILBARAKHAMBA ROADNEW DELHIDL110001IN |
|
23 |
B33642257 |
10167196 |
STANDARD CHARTERED BANK |
18/07/2009 |
- |
23/02/2012 |
15000000.0 |
CREDIT RISK CONTROLNARAIN MANZIL, 23 BARAKHAMBA ROADNEW DELHIDL110001IN |
|
24 |
B30979462 |
10318595 |
BANK OF BARODA |
03/10/2011 |
- |
11/01/2012 |
725000000.0 |
STATION ROAD BRANCH, MHADA BUILDING,GRIHA NIRMAN BHAVAN, NEAR ALANKAR TALKIES,PUNEMH411001IN |
|
25 |
A88314653 |
10132684 |
KOTAK MAHINDRA BANK LIMITED |
22/11/2008 |
- |
21/06/2010 |
410000000.0 |
36-38A, NARIMAN BHAVAN, 227,D,NARIMAN POINT,MUMBAIMH400021IN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2016 (INR
In Million) |
31.03.2015 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Loans and advances from others |
198.678 |
245.624 |
|
|
|
|
|
SHORT TERM BORROWINGS |
|
|
|
Loans repayable on demand from banks |
29.706 |
28.167 |
|
|
|
|
|
Total |
228.384 |
273.791 |
CHANGE OF ADDRESS:
The Registered address of the company has been shifted from 7, Akshay
Complex, Off Dhole Patil Road, Pune - 411001, Maharashtra, India to the present
address w.e.f.07.09.2015.
CORPORATE INFORMATION
The Company' was incorporated in 12 September 2006 under Companies Act, 1956. The Company is engaged into business of trading of mobiles, accessories and allied products and also trading of LED lights and allied lighting products and trading of home appliances products.
COMPANY OVERVIEW AND STATE OF AFFAIRS
The Company was incorporated on 12th May 2006 having its registered office at 7, Akshay Complex, Dhole Patil Road, Pune- 411001 and engaged in the business of trading of trading, assembling, distribution of Mobiles, LEDs and other Electrical and Electronics Appliances along with accessories.
The Company changed its registered office to SYSKA House, Office No. S-5, 5th Floor, S. No. 2, Sakore Nagar, New Airport Road, Near Anand Residency, Pune-411014 with effect from 7th September 2015. All necessary compliances with respect to shifting of registered office of the Company have been duly complied with.
During the year, there was no change in the nature of business of the Company.
CONTINGENT
LIABILITIES:
|
Particulars |
31.03.2016 (INR
In Million) |
|
Bank Guarantees with various bank |
289.475 |
|
Corporate Guarantees to Associates/ Sister concerns |
1054.500 |
FIXED ASSETS:
·
Buildings
·
Plant and equipment
·
Factory equipment’s
·
Other plant and equipment
·
Furniture and fixtures
·
Vehicles
·
Office equipment
·
Computer equipment’s
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or investigation
registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
INR |
|
US Dollar |
1 |
INR 67.11 |
|
UK Pound |
1 |
INR 90.85 |
|
Euro |
1 |
INR 80.12 |
INFORMATION DETAILS
|
Information
Gathered by : |
ARCH |
|
|
|
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
ARC |
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 |
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.