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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

507815

Report Date :

09.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

TRIDHAATU REALITY AND INFRA PRIVATE LIMITED

 

 

Registered Office :

Shrikant Chambers Premises Co-Operative Society Limited, 519-528, Shrikant Chambers, Sion-Trombay Road, Chembur, Mumbai-400071, Maharashtra

Tel. No.:

91-22-67083000/ 62511111/ 62511199

 

 

Country :

India

 

 

Financials (as on) :

31.03.2017

 

 

Date of Incorporation :

19.03.2008

 

 

Com. Reg. No.:

11-180319

 

 

Capital Investment / Paid-up Capital :

INR 0.302 Million

 

 

CIN No.:

[Company Identification No.]

U45202MH2008PTC180319

 

 

IEC No.:

[Import-Export Code No.]

Not Divulged

 

 

GSTN :

[Goods & Service Tax Registration No.]

27AACCT8865D1Z2

 

 

TIN No:

27875225199

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

Not Available

 

 

PAN No.:

[Permanent Account No.]

AACCT8865D

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Subject is engaged in the business Construction and development. (Registered Activity)

 

 

No. of Employees :

Not Divulged

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

C

 

Credit Rating

Explanation

Rating Comments

C

Medium High Risk

Business dealings permissible preferably on secured basis

 

Status :

Moderate

 

 

Payment Behaviour :

Slow

 

 

Litigation :

Clear

 

 

Comments :

Subject was incorporated in the year 2008. It is engaged into Construction business.

For the financial year 2017, the revenue of the company has decreased by 33.98% and has incurred operational loss.


The moderate financial profile of the company is reflected by negative networth base along with average debt coverage indicators.


Rating is constrained on account of highly competitive construction industry.


Payment seems to be slow.


In view of aforesaid, the company can be considered for business dealings on fully and secured trade terms and conditions.

 

Note: The correct name of the company is “Tridhaatu Reality and Infra Private Limited”.

 

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 31-03-2018.

 

 

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 09.05.2018

 

 

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 DENIED

 

 

Management non-cooperative (Tel No.: 91-22-67083000)

 

 

LOCATIONS

 

Registered / Corporate Office :

Shrikant Chambers Premises Co-Operative Society Limited, 5th Floor, B Wing, 519-528, Shrikant Chambers, Next to R.K. Studios, Sion - Trombay Road, Chembur (East), Mumbai-400071, Maharashtra, India

Tel. No.:

91-22-67083000/ 62511111/ 62511199

Fax No.:

Not Available

E-Mail :

krishnan@tridhaatu.com

sales@tridhaatu.com

customer.care@tridhaatu.com

info@tridhaatu.com

Website :

http://tridhaatu.com

 

 

Branch Office

Laxmi Nilaya, Plot No. 58, 1st Floor, Bhaudaji Cross Road, Opposite Indian Gymkhana,  Matunga (Central Railway), Mumbai - 400 019, Maharashtra, India

Tel. No.:

91-2224022002/04/07/08

 

 

DIRECTORS

 

As on 31.03.2017

 

Name :

Mr. Dhananjay Sandu

Designation :

Managing Director

Address :

Akshay Anand, Flat 11/A, 7th Road, Sanduwadi, Chembur, Mumbai-400071, Maharashtra, India

Date of Birth/Age :

12.11.1975

Date of Appointment :

19.03.2008

DIN No:

02056532

Other Directorship:

CIN/FCRN

Company Name

Begin Date

End Date

U70100MH2009PTC197481

TRIDHAATU VENTURES PRIVATE LIMITED

01/12/2009

-

U45400MH2010PTC204009

TRIDHAATU DEVELOPERS PRIVATE LIMITED

10/06/2010

-

U70102MH2010PTC206148

TRIDHAATU ESTATES PRIVATE LIMITED

30/07/2010

-

U45400MH2010PTC206147

TRIDHAATU CONSTRUCTIONS PRIVATE LIMITED

30/07/2010

-

U74900MH2014PTC255775

BURNBILL B2B SOLUTIONS PRIVATE LIMITED

29/09/2017

-

U45100MH2015PTC265491

TRIDHAATU ABODES PRIVATE LIMITED

29/09/2017

-

U45400MH2015PTC268813

TRIDHAATU MUMBAI STRUCTURES PRIVATE LIMITED

30/09/2015

-

U45200MH2015PTC268935

TRIDHAATU HOMES DEVELOPERS INDIA PRIVATE LIMITED

06/10/2015

-

U45500MH2016PTC283534

TRIDHAATU DWELLING PIONEERS PRIVATE LIMITED

12/07/2016

-

U45309MH2017PTC301415

SADAY CONSTRUCTIONS PRIVATE LIMITED

03/11/2017

-

U45500MH2017PTC303322

TATHYA CONSTRUCTIONS PRIVATE LIMITED

26/12/2017

-

U45500MH2018PTC307178

TRIDHAATU RENOVATORS PRIVATE LIMITED

27/03/2018

-

 

 

 

 

LLPIN/FLLPIN

LLP Name

Begin Date

End Date

AAA-3090

TRIDHAATU REAL ESTATE DEVELOPERS LLP

15/12/2010

-

AAA-3837

TRIDHAATU VISHNU-KUNJ DEVELOPERS LLP

17/02/2011

01/10/2016

AAA-6085

TRIDHAATU BUILDERS LLP

30/08/2011

-

AAA-5802

TRIDHAATU MADHU VILLA DEVELOPERS LLP

01/08/2011

-

AAA-5799

TRIDHAATU MARUTHI DEVELOPERS LLP

01/08/2011

-

AAA-5804

TRIDHAATU KIRTI DEVELOPERS LLP

01/08/2011

-

AAA-5803

TRIDHAATU BHARADWAJ DEVELOPERS LLP

01/08/2011

-

AAA-5532

TRIDHAATU SURAJ VILLA DEVELOPERS LLP

13/07/2011

-

AAA-5530

TRIDHAATU BHAVESHWAR DEVELOPERS LLP

13/07/2011

-

AAA-8567

TRIDHAATU VENTURES LLP

28/03/2012

20/11/2014

AAA-9151

TRIDHAATU DEVELOPERS LLP

10/05/2012

-

AAA-8678

TRIDHAATU ARANYA DEVELOPERS LLP

14/09/2016

-

AAA-8541

TRIDHAATU VENKATESH SADAN DEVELOPERS LLP

27/03/2012

-

AAB-1213

TRIDHAATU ASSET-HOLDINGS LLP

14/09/2016

-

AAB-0833

TRIDHAATU GREEN SOLUTIONS LLP

24/08/2012

-

AAB-1211

TRIDHAATU TIARA LLP

14/09/2016

-

AAB-1212

TRIDHAATU CONSULTANCY AND PROMOTIONS LLP

08/02/2018

-

AAB-4036

SANDU HOMES LLP

15/03/2013

-

AAB-7996

TRIDHAATU ANNAPURNA MANDIR DEVELOPERS LLP

14/09/2016

-

AAB-9340

TRIDHAATU MAYA DEVELOPERS LLP

14/09/2016

-

AAB-8011

TRIDHAATU LALJI NATHOO DEVELOPERS LLP

14/09/2016

-

AAC-2593

TRIDHAATU GARDEN APARTMENTS DEVELOPERS LLP

29/03/2017

-

AAC-3454

TRIDHAATU ASHOK NAGAR DEVELOPERS LLP

14/09/2016

-

AAC-2968

SANDU SANSKAR BUILDING DEVELOPERS LLP

13/05/2014

-

AAC-3417

TRIDHAATU ASSISI NAGAR DEVELOPERS LLP

14/09/2016

-

AAE-2707

SANDU BURNBILL LLP

29/06/2015

-

AAE-3238

SANDU VISION SPORTS RECONNECT LLP

06/07/2015

-

AAE-6164

SANDU NITYANAND DEVELOPERS LLP

24/08/2015

-

AAE-6163

SANDU ASSET-CREATORS LLP

24/08/2015

-

AAE-6172

SANDU BYE BYE CITY LLP

24/08/2015

-

AAF-1160

TRIDHAATU JEHANGIR MANSION DEVELOPERS LLP

03/11/2015

-

AAG-1524

SANDU THADANI PROPERTY LLP

11/04/2016

-

AAG-7426

TRIDHAATU ASHALAYA REDEVELOPMENT LLP

21/06/2016

-

AAG-9899

TRIDHAATU SHANTI KUNJ DEVELOPERS LLP

22/07/2016

-

AAH-5809

TRIDHAATU SILVERLINE PROPERTY DEVELOPERS LLP

10/10/2016

-

AAH-6173

TRIDHAATU KAPIL TIRTH DEVELOPERS LLP

17/10/2016

-

AAH-6829

SANDU REAL ESTATE LLP

25/10/2016

-

AAH-6987

SANDU CONSULTANCY AND PROMOTIONS LLP

26/10/2016

-

AAI-4691

SANDU SCHOOLS LLP

06/02/2017

-

AAI-4693

SANDU HOSPITALS LLP

06/02/2017

-

AAI-8573

SANDU ENCHANTICO LLP

17/03/2017

-

AAJ-0497

TRIDHAATU MORYA DEVELOPERS LLP

02/04/2017

-

AAK-2069

TRIDHAATU PRARAMBH LLP

03/08/2017

-

Name :

Mr. Krishnan Muthukumar

Designation :

Director

Address :

Flat on 15 and 16 Floor, Pearl Garden CHSL, R. P. Masani Road, 519/A, Motibaug, Matunga, Mumbai-400019, Maharashtra, India

Date of Birth/Age :

15.10.1975

Date of Appointment :

19.03.2008

DIN No:

00463579

Other Directorship:

CIN/FCRN

Company Name

Begin Date

End Date

L74210TN1986PLC012791

TWENTYFIRST CENTURY MANAGEMENT SERVICES LIMITED

14/03/2013

-

U70100MH2009PTC197481

TRIDHAATU VENTURES PRIVATE LIMITED

01/12/2009

-

U45400MH2010PTC204009

TRIDHAATU DEVELOPERS PRIVATE LIMITED

10/06/2010

-

U74900MH2010PTC204372

KOOH SPORTS PRIVATE LIMITED

12/08/2016

-

U51900MH1942PLC003546

TWENTYFIRST CENTURY SHARES AND SECURITIES LIMITED

26/06/2014

-

U70102MH2010PTC206148

TRIDHAATU ESTATES PRIVATE LIMITED

30/07/2010

-

U45400MH2010PTC206147

TRIDHAATU CONSTRUCTIONS PRIVATE LIMITED

30/07/2010

-

U99999MH1932GAP001863

INDIAN GYMKHANA (MATUNGA) LIMITED

15/01/2008

-

U45100MH2015PTC265491

TRIDHAATU ABODES PRIVATE LIMITED

29/09/2017

-

U45400MH2015PTC268813

TRIDHAATU MUMBAI STRUCTURES PRIVATE LIMITED

30/09/2015

-

U45200MH2015PTC268935

TRIDHAATU HOMES DEVELOPERS INDIA PRIVATE LIMITED

06/10/2015

-

U45500MH2016PTC283534

TRIDHAATU DWELLING PIONEERS PRIVATE LIMITED

12/07/2016

-

U45309MH2017PTC301415

SADAY CONSTRUCTIONS PRIVATE LIMITED

22/11/2017

-

U45500MH2017PTC303322

TATHYA CONSTRUCTIONS PRIVATE LIMITED

26/12/2017

-

U45500MH2018PTC307178

TRIDHAATU RENOVATORS PRIVATE LIMITED

27/03/2018

-

List of LLP

LLPIN/FLLPIN

LLP Name

Begin Date

End Date

AAA-3090

TRIDHAATU REAL ESTATE DEVELOPERS LLP

08/02/2018

-

AAA-6085

TRIDHAATU BUILDERS LLP

14/09/2016

-

AAA-5802

TRIDHAATU MADHU VILLA DEVELOPERS LLP

01/01/2017

-

AAA-5799

TRIDHAATU MARUTHI DEVELOPERS LLP

01/08/2011

-

AAA-5804

TRIDHAATU KIRTI DEVELOPERS LLP

14/09/2016

-

AAA-5803

TRIDHAATU BHARADWAJ DEVELOPERS LLP

14/09/2016

-

AAA-5532

TRIDHAATU SURAJ VILLA DEVELOPERS LLP

14/09/2016

-

AAA-5530

TRIDHAATU BHAVESHWAR DEVELOPERS LLP

21/06/2016

-

AAA-5574

KOSOVO MONARCH TRADING LLP

14/07/2011

-

AAA-8567

TRIDHAATU VENTURES LLP

28/03/2012

20/11/2014

AAA-9151

TRIDHAATU DEVELOPERS LLP

14/09/2016

-

AAA-8678

TRIDHAATU ARANYA DEVELOPERS LLP

04/04/2012

-

AAA-8541

TRIDHAATU VENKATESH SADAN DEVELOPERS LLP

15/11/2016

-

AAB-1213

TRIDHAATU ASSET-HOLDINGS LLP

15/09/2012

-

AAB-0832

ELEVATE INDIA SPORTS LLP

24/08/2012

-

AAB-0833

TRIDHAATU GREEN SOLUTIONS LLP

24/08/2012

-

AAB-1211

TRIDHAATU TIARA LLP

15/09/2012

-

AAB-1212

TRIDHAATU CONSULTANCY AND PROMOTIONS LLP

15/09/2012

-

AAB-7996

TRIDHAATU ANNAPURNA MANDIR DEVELOPERS LLP

07/10/2013

-

AAB-9340

TRIDHAATU MAYA DEVELOPERS LLP

16/12/2013

-

AAB-8011

TRIDHAATU LALJI NATHOO DEVELOPERS LLP

07/10/2013

-

AAC-2593

TRIDHAATU GARDEN APARTMENTS DEVELOPERS LLP

16/04/2014

-

AAC-3454

TRIDHAATU ASHOK NAGAR DEVELOPERS LLP

04/06/2014

-

AAC-3417

TRIDHAATU ASSISI NAGAR DEVELOPERS LLP

03/06/2014

-

AAF-1160

TRIDHAATU JEHANGIR MANSION DEVELOPERS LLP

03/11/2015

-

AAG-7426

TRIDHAATU ASHALAYA REDEVELOPMENT LLP

21/06/2016

-

AAG-9899

TRIDHAATU SHANTI KUNJ DEVELOPERS LLP

22/07/2016

-

AAH-5809

TRIDHAATU SILVERLINE PROPERTY DEVELOPERS LLP

10/10/2016

-

AAH-6173

TRIDHAATU KAPIL TIRTH DEVELOPERS LLP

17/10/2016

-

AAJ-0497

TRIDHAATU MORYA DEVELOPERS LLP

02/04/2017

-

AAK-2069

TRIDHAATU PRARAMBH LLP

03/08/2017

-

 

 

Name :

Mr. Pritam Chivukula

Designation :

Director

Address :

Flat No.1202, 12th Floor, Brookville, Plot No.359, S.B. Cross Lane,Opposite Bafna Society, Mahim, Matunga (West), Mumbai-400016, Maharashtra, India

Date of Birth/Age :

27.09.1975

Date of Appointment :

19.03.2008

DIN No:

02021212

Other Directorship:

CIN/FCRN

Company Name

Begin Date

End Date

U40200MH2008PTC181506

SURYAKANTH POWER SYSTEMS PRIVATE LIMITED

30/09/2017

-

U70100MH2009PTC197481

TRIDHAATU VENTURES PRIVATE LIMITED

01/12/2009

-

U45400MH2010PTC204009

TRIDHAATU DEVELOPERS PRIVATE LIMITED

10/06/2010

-

U70102MH2010PTC206148

TRIDHAATU ESTATES PRIVATE LIMITED

30/07/2010

-

U45400MH2010PTC206147

TRIDHAATU CONSTRUCTIONS PRIVATE LIMITED

30/07/2010

-

U01403MH2011PTC213742

WARNE ENTERPRISE PRIVATE LIMITED

18/02/2011

-

U45100MH2015PTC265491

TRIDHAATU ABODES PRIVATE LIMITED

29/09/2017

-

U45400MH2015PTC268813

TRIDHAATU MUMBAI STRUCTURES PRIVATE LIMITED

30/09/2015

-

U45200MH2015PTC268935

TRIDHAATU HOMES DEVELOPERS INDIA PRIVATE LIMITED

06/10/2015

-

U45500MH2016PTC283534

TRIDHAATU DWELLING PIONEERS PRIVATE LIMITED

12/07/2016

-

U45309MH2017PTC301415

SADAY CONSTRUCTIONS PRIVATE LIMITED

22/11/2017

-

U45500MH2017PTC303322

TATHYA CONSTRUCTIONS PRIVATE LIMITED

26/12/2017

-

U45500MH2018PTC307178

TRIDHAATU RENOVATORS PRIVATE LIMITED

27/03/2018

-

 

LLPIN/FLLPIN

LLP Name

Begin Date

End Date

AAA-3090

TRIDHAATU REAL ESTATE DEVELOPERS LLP

15/12/2010

-

AAA-3837

TRIDHAATU VISHNU-KUNJ DEVELOPERS LLP

17/02/2011

01/10/2016

AAA-6085

TRIDHAATU BUILDERS LLP

30/08/2011

-

AAA-5802

TRIDHAATU MADHU VILLA DEVELOPERS LLP

01/08/2011

-

AAA-5799

TRIDHAATU MARUTHI DEVELOPERS LLP

01/08/2011

-

AAA-5804

TRIDHAATU KIRTI DEVELOPERS LLP

01/08/2011

-

AAA-5803

TRIDHAATU BHARADWAJ DEVELOPERS LLP

01/08/2011

-

AAA-5532

TRIDHAATU SURAJ VILLA DEVELOPERS LLP

13/07/2011

-

AAA-5530

TRIDHAATU BHAVESHWAR DEVELOPERS LLP

13/07/2011

-

AAA-8567

TRIDHAATU VENTURES LLP

28/03/2012

20/11/2014

AAA-9151

TRIDHAATU DEVELOPERS LLP

10/05/2012

-

AAA-8678

TRIDHAATU ARANYA DEVELOPERS LLP

30/03/2013

-

AAA-8541

TRIDHAATU VENKATESH SADAN DEVELOPERS LLP

27/03/2012

-

AAB-1213

TRIDHAATU ASSET-HOLDINGS LLP

15/09/2012

-

AAB-1211

TRIDHAATU TIARA LLP

15/09/2012

-

AAB-1212

TRIDHAATU CONSULTANCY AND PROMOTIONS LLP

15/09/2012

-

AAB-7996

TRIDHAATU ANNAPURNA MANDIR DEVELOPERS LLP

07/10/2013

-

AAB-9340

TRIDHAATU MAYA DEVELOPERS LLP

16/12/2013

-

AAB-8011

TRIDHAATU LALJI NATHOO DEVELOPERS LLP

07/10/2013

-

AAC-2593

TRIDHAATU GARDEN APARTMENTS DEVELOPERS LLP

16/04/2014

-

AAC-3454

TRIDHAATU ASHOK NAGAR DEVELOPERS LLP

04/06/2014

-

AAC-3417

TRIDHAATU ASSISI NAGAR DEVELOPERS LLP

03/06/2014

-

AAF-1160

TRIDHAATU JEHANGIR MANSION DEVELOPERS LLP

03/11/2015

-

AAG-7426

TRIDHAATU ASHALAYA REDEVELOPMENT LLP

21/06/2016

-

AAG-9899

TRIDHAATU SHANTI KUNJ DEVELOPERS LLP

22/07/2016

-

AAH-5809

TRIDHAATU SILVERLINE PROPERTY DEVELOPERS LLP

10/10/2016

-

AAH-6173

TRIDHAATU KAPIL TIRTH DEVELOPERS LLP

17/10/2016

-

AAJ-0497

TRIDHAATU MORYA DEVELOPERS LLP

02/04/2017

-

AAK-2069

TRIDHAATU PRARAMBH LLP

03/08/2017

-

 

 

MAJOR SHAREHOLDERS

 

As on 31.03.2017

 

Names of Shareholders

 

No. of Shares

Krishnan Muthukumar

 

10060

Pritam Chivukula

 

10060

Dhananjay Sandu

 

10060

Tridhaatu Asset-Holdings LLP through its authorized rep. Suhas Atul Alawani

 

10

Total

 

30190

 

Equity Share Break up (Percentage of Total Equity)

 

As on: 30.09.2017

 

Category

Percentage

Promoters (Individual/Hindu Undivided Family – Indian)

99.97

Promoters (Body corporate)

0.03

Total 

100.00

 

 

 

BUSINESS DETAILS

 

Line of Business :

Subject is engaged in the business Construction and development. (Registered Activity)

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Divulged 

 

 

Imports :

Not Divulged 

 

 

Terms :

Not Divulged 

 

PRODUCTION STATUS – (NOT AVAILABLE)

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Not Divulged

Name of the Person :

--

Contact No.:

--

Since How Long Known :

--

Maximum Limit Dealt :

--

Experience :

--

Remark:

--

 

 

Customers :

Reference :

Not Divulged

Name of the Person :

--

Contact No.:

--

Since How Long Known :

--

Maximum Limit Dealt :

--

Experience :

--

Remark:

--

 

 

No. of Employees :

Not Divulged

 

 

Bankers :

Banker Name :

HDFC Bank Limited

Branch :

--

Person Name (With Designation) :

--

Contact Number :

--

Name of Account Holder :

--

Account Number :

--

Account Since (Date/Year of Account Opening) :

--

Average Balance Maintained :

--

Credit Facilities Enjoyed (CC/OD/Term Loan) :

--

Account Operation :

--

Remark :

--

 

 

 

Facilities :

Secured Loan

31.03.2017

(INR in Million)

31.03.2016

(INR in Million)

Long-term Borrowings

 

 

Fortune Credit Capital Limited

146.000

90.000

Fortune Integrated Assets Finance Limited

74.000

0.000

HDFC Bank Limited

43.102

3.114

HDB Financial Services

29.306

31.930

Fedbank Financial Services Limited

0.000

33.019

India Infoline Financial Limited

12.422

12.318

Piramal Realty Private Limited

103.843

0.000

Reliance Capital Limited

22.500

0.000

Reliance –Tridhaatu

576.000

0.000

Debentures

0.000

341.775

Short-term borrowings

 

 

Capital Withdrawal from LLP’s

1565.159

1260.656

Total

2572.332

1772.812

 

Financial Institutions:

HDB Financial Services Limited, Ground Floor, Wilson House, New Nagar Das Road, Near Amboli Subway, Andheri (East), Mumbai – 400069, Maharashtra, India

 

 

Auditors :

 

Name :

Sheth Doshi and Asscoaites

Chartered Accountants

Address :

529, 6th Floor, Ecstasy Business Park, City of Joy Commerical Complex, J.S.D. Marg, Mulund (West), Mumbai – 400080, Maharashtra, India

Tel. No.:

91-22-25919742/ 25929742

E-Mail :

shethdoshi@gmail.com

Income-tax PAN of auditor or auditor's firm :

AABPD1714H

 

 

Memberships :

Not Available

 

 

Collaborators :

Not Available

 

 

Subsidiaries :
  • Tridhaatu Constructions Private Limited (U45400MH2010PTC206147)
  • Tridhaatu Mumbai Structures Private Limited (U45400MH2015PTC268813)
  • Tridhaatu Homes Developers India Private Limited (U45200MH2015PTC268935)

 

 

Joint Venture

Panch Tatva Realty

 

 

Associate
  • Tridhaatu Builders LLP
  • Tridhaatu Bhaveshwar Developers LLP
  • Tridhaatu Suraj Villa Developers LLP
  • Tridhaatu Vishnu-kunj Developers LLP
  • Tridhaatu Madhu Villa Developers LLP
  • Tridhaatu Bharadwaj Developers LLP
  • Tridhaatu Venkatesh Sadan Developers LLP
  • Tridhaatu Ventures LLP
  • Tridhaatu Real Estate Developers LLP
  • Tridhaatu Developers LLP
  • Tridhaatu Desai Cottage Developers LLP
  • Tridhaatu Kirti Developers LLP
  • Tridhaatu Maruthi Developers LLP
  • Tridhaatu Green Solutions LLP
  • Tridhaatu Asset Holdings LLP
  • Tridhaatu Consultancy and Promotions LLP
  • Tridhaatu Tiara Llp
  • Tridhaatu LaljiNathoo Developers LLP
  • Tridhaatu Madhavi Niwas Developers LLP
  • Tridhaatu New Ambica Developers LLP
  • Tridhaatu Garden Apartments Developers LLP
  • Tridhaatu Ashok Nagar Developers LLP
  • Tridhaatu Assisi Nagar Developers LLP
  • Tridhaatu Annapurna Mandir Developers LLP
  • Tridhaatu Jahangir Mansion Developers LLP
  • Tridhaatu Kirti Developers LLP

 

 

Partnership Firm:

  • Tridhaatu

 

 

 

CAPITAL STRUCTURE

 

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

 

 

 

 

30190

Equity Shares

INR 10/- each

INR 0.302  Million

 

 

 

 

 

 

FINANCIAL DATA

[all figures are 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

0.302

0.302

0.302

(b) Reserves & Surplus

(344.823)

(82.604)

(2.641)

(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)

(344.521)

(82.302)

(2.339)

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

1007.173

512.156

434.948

(b) Deferred tax liabilities (Net)

2.207

2.576

2.576

(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)

1009.380

514.732

437.524

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

1676.851

1418.952

855.802

(b) Trade payables

66.627

22.464

11.515

(c) Other current liabilities

289.380

417.465

653.031

(d) Short-term provisions

2.698

2.698

2.699

Total Current Liabilities (4)

2035.556

1861.579

1523.047

 

 

 

 

TOTAL

2700.415

2294.009

1958.232

 

 

 

 

II.            ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

130.826

124.533

123.223

(ii) Intangible Assets

0.000

0.000

0.000

(iii) Capital work-in-progress

0.000

0.000

0.000

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

474.047

504.393

356.990

(c) Deferred tax assets (net)

0.000

0.000

0.000

(d)  Long-term Loan and Advances

0.000

0.000

0.000

(e) Other Non-current assets

0.000

0.000

0.000

Total Non-Current Assets

604.873

628.926

480.213

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.000

0.000

0.000

(b) Inventories

1117.179

983.487

838.842

(c) Trade receivables

0.000

0.000

0.000

(d) Cash and cash equivalents

12.990

32.566

17.669

(e) Short-term loans and advances

939.451

627.834

592.518

(f) Other current assets

25.922

21.196

28.990

Total Current Assets

2095.542

1665.083

1478.019

 

 

 

 

TOTAL

2700.415

2294.009

1958.232

 

 

PROFIT & LOSS ACCOUNT

 

 

PARTICULARS

31.03.2017

31.03.2016

31.03.2015

 

SALES

 

 

 

 

Income

154.914

234.650

17.408

 

Other Income

51.319

110.254

75.074

 

TOTAL

206.233

344.904

92.482

 

 

 

 

 

Less

EXPENSES

 

 

 

 

Project Expesnes

166.963

258.001

7.498

 

Share of Loss from LLP

40.012

6.223

10.363

 

Other expenses

5.006

2.691

21.146

 

TOTAL

211.981

266.915

39.007

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION

(5.748)

77.989

53.475

 

 

 

 

 

Less

FINANCIAL EXPENSES

251.920

153.219

58.734

 

 

 

 

 

 

PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION

(257.668)

(75.230)

(5.259)

 

 

 

 

 

Less

DEPRECIATION/ AMORTISATION

4.921

4.733

6.002

 

 

 

 

 

 

PROFIT/ (LOSS)  BEFORE TAX

(262.589)

(79.963)

(11.261)

 

 

 

 

 

Less

TAX

(0.370)

0.001

(0.135)

 

 

 

 

 

 

PROFIT/ (LOSS)  AFTER TAX 

(262.219)

(79.964)

(11.126)

 

 

 

 

 

 

Earnings / (Loss) Per Share (INR)

 (8685.62)

(2648.69) 

(37.30) 

 

 

 

 

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

(598.665)

(424.769)

NA

Net cash flows from (used in) operations

NA

NA

NA

Net cash flows from (used in) operating activity

(598.665)

(424.769)

NA

 

 

KEY RATIOS

 

EFFICIENCY RATIOS

 

PARTICULARS

 

31.03.2017

31.03.2016

31.03.2015

Inventory Turnover

(Operating Income / Inventories)

(0.01)

0.08

0.06

 

 

 

 

Asset Turnover

(Operating Income / Net Fixed Assets)

(0.04)

0.63

0.43

 

LEVERAGE RATIOS

 

PARTICULARS

 

31.03.2017

31.03.2016

31.03.2015

Debt Ratio

((Borrowing + Current Liabilities) / Total Assets)

1.13

1.03

1.00

 

 

 

 

Debt Equity Ratio

(Total Liability / Networth)

(7.79)

(23.46)

(551.84)

 

 

 

 

Current Liabilities to Networth

(Current Liabilities / Net Worth)

(5.91)

(22.62)

(651.15)

 

 

 

 

Fixed Assets to Networth

(Net Fixed Assets / Networth)

(0.38)

(1.51)

(52.68)

 

 

 

 

Interest Coverage Ratio

(PBIT / Financial Charges)

(0.02)

0.51

0.91

 

PROFITABILITY RATIOS

 

PARTICULARS

 

 

31.03.2017

31.03.2016

31.03.2015

Net Profit Margin

((PAT / Sales) * 100)

%

(169.27)

(34.08)

(63.91)

 

 

 

 

 

Return on Total Assets

((PAT / Total Assets) * 100)

%

(9.71)

(3.49)

(0.57)

 

 

 

 

 

Return on Investment (ROI)

((PAT / Networth) * 100)

%

76.11

97.16

475.67

 

SOLVENCY RATIOS

 

PARTICULARS

 

31.03.2017

31.03.2016

31.03.2015

Current Ratio

(Current Assets / Current Liabilities)

1.03

0.89

0.97

 

 

 

 

Quick Ratio

((Current Assets – Inventories) / Current Liabilities)

0.48

0.37

0.42

 

 

 

 

G-Score Ratio Financial

(Networth / Total Assets)

(0.13)

(0.04)

0.00

 

 

 

 

G-Score Ratio Debt

(Debts / Equity Capital)

8887.50

6394.40

4274.01

 

 

 

 

G-Score Ratio Liquidity

(Total Current Assets / Total Current Liabilities)

1.03

0.89

0.97

 

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

 

Particular

31.03.2015

31.03.2016

31.03.2017

 

INR In Million

INR In Million

INR In Million

Share Capital

0.302

0.302

0.302

Reserves & Surplus

(2.641)

(82.604)

(344.823)

Net worth

(2.339)

(82.302)

(344.521)

 

 

 

 

long-term borrowings

434.948

512.156

1007.173

Short term borrowings

855.802

1418.952

1676.851

Total borrowings

1290.750

1931.108

2684.024

Debt/Equity ratio

(551.838)

(23.464)

(7.791)

 

 

 

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

17.408

234.650

154.914

 

 

1,247.943

(33.981)

 

 

 

 

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

17.408

234.650

154.914

Profit /(Loss)

(11.126)

(79.964)

(262.219)

 

(63.91%)

(34.08%)

(169.27%)

 

 

 

 

LOCAL AGENCY FURTHER INFORMATION

 

 

Sr. No.

Check list by info agents

Available in Report (Yes/No)

1

Year of establishment

Yes

2

Constitution of the entity -Incorporation details

Yes

3

Locality of the entity

Yes

4

Premises details

No

5

Buyer visit details

--

6

Contact numbers

Yes

7

Name of the person contacted

No

8

Designation of contact person

No

9

Promoter’s background

Yes

10

Date of Birth of Proprietor / Partners / Directors

Yes

11

Pan Card No. of Proprietor / Partners

No

12

Voter Id Card No. of Proprietor / Partners

No

13

Type of business

Yes

14

Line of Business

Yes

15

Export/import details (if applicable)

No

16

No. of employees

No

17

Details of sister concerns

Yes

18

Major suppliers

No

19

Major customers

No

20

Banking Details

Yes

21

Banking facility details

Yes

22

Conduct of the banking account

--

23

Financials, if provided

Yes

24

Capital in the business

Yes

25

Last accounts filed at ROC, if applicable

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

 

 

NOTE: Registered office of the company has been shifted from “E-1, Mary Land Appartment, D K Sandu Marg, Sandu Nagar, Chembur, Mumbai-400071, Maharashtra, India” to the present address w.e.f. 01.12.2012.

 

 

REVIEW OF OPERAITONS:

 

During the year, the Company had earned a total revenue of INR 206.233 million as against INR 344.904 million in 2015-16 and Net loss was INR 262.219 million as against Net loss of INR 79.964 million in 2015-16.

 

UNSECURED LOAN

 

PARTICULARS

31.03.2017

(INR in Million)

31.03.2016

(INR in Million)

Short-term borrowings

 

 

Unsecure Loans

111.692

158.296

Total

111.692

158.296

 

INDEX OF CHARGES

 

SNo

SRN

Charge Id

Charge Holder Name

Date of Creation

Date of Modification

Date of Satisfaction

Amount

Address

1

G73609109

100146795

VISTRA ITCL (INDIA) LIMITED

26/12/2017

-

-

500000000.0

IL & FS FINANCIAL CENTREPLOT NO C22 G BLOCK BANDRAKURLA COMPLEX BANDRA EASTMUMBAIMa400051IN

2

G68949296

100137804

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

20/11/2017

-

-

300000000.0

RAMON HOUSE 169 BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMa400020IN

3

G50977859

100117120

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

08/08/2017

-

-

100000000.0

RAMON HOUSE 169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMa400020IN

4

G44469302

100099274

VISTRA ITCL (INDIA) LIMITED

28/04/2017

-

-

2100000000.0

IL & FS FINANCIAL CENTREPLOT NO C22 G BLOCK BANDRAKURLA COMPLEX BANDRA EASTMUMBAIMa400051IN

5

G44472884

100100012

VISTRA ITCL (INDIA) LIMITED

28/04/2017

-

-

2100000000.0

IL & FS FINANCIAL CENTREPLOT NO C22 G BLOCK BANDRAKURLA COMPLEX BANDRA EASTMUMBAIMa400051IN

6

G41084567

100089795

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

30/03/2017

-

-

112500000.0

RAMON HOUSE 169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMa400020IN

7

G38100251

100082519

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED

07/03/2017

-

-

60000000.0

RAMON HOUSE 169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMa400020IN

8

G23927643

100061970

IDBI TRUSTEESHIP SERVICES LIMITED

17/11/2016

-

-

650000000.0

Asian Bldg., Ground Floor, 17, R.Kamani Marg,Ballard Estate, MUMBAI MH 400001 INMUMBAIMH400001IN

9

G15709876

100055040

VISTRA ITCL (INDIA) LIMITED

26/09/2016

-

-

1200000000.0

IL & FS FINANCIAL CENTREPLOT NO C22 G BLOCK BANDRAKURLA COMPLEX BANDRA EASTMUMBAIMa400051IN

10

C78522752

10619145

India Infoline Finance Limited

20/01/2016

-

-

12500000.0

12A-10, 13th Floor, Parinee Crescenzo, G Block,C-38&39, Bandra Kurla Complex, Bandra- EastMumbaiMH400051IN

 

 

FIXED ASSETS

  • Air Conditioner
  • Computers
  • Furniture and Fixture
  • Computer
  • Office Premises
  • Office Equipment
  • Plant and Machinery
  • Vehicle

 

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 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 67.08

UK Pound

1

INR 91.14

Euro

1

INR 80.01

 

 

INFORMATION DETAILS

 

Information Gathered by :

GYT

 

 

Analysis Done by :

VRS

 

 

Report Prepared by :

MTN

 

 

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)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.