|
|
|
MIRA
INFORM REPORT
|
Report No. : |
508375 |
|
Report Date : |
16.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
EASTERN BEARINGS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Building No. 28, 3rd Floor Central Market, West Punjabi
Bagh, New Delhi, West Delhi – 110026 |
|
Mob. No.: |
91-9811117480 [Pooja Arora] |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
01.03.2000 |
|
|
|
|
Com. Reg. No.: |
55-104074 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 38.450 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U40300DL2000PTC104074 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
TIN No.: |
Not Divulged |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCE1150B |
|
|
|
|
Legal Form : |
Private Limited Liability Company. |
|
|
|
|
Line of Business
: |
Manufacturer of Industrial Bearings. [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 |
|
Maximum Credit Limit : |
USD 30000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject was incorporated in the year 2000. It is engaged in manufacturing of heavy industrial bearings.
|
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 |
CARE RATING |
|
Rating |
Long Term Borrowing = BB+ |
|
Rating Explanation |
Moderate risk of default |
|
Date |
19.07.2017 |
|
Rating Agency Name |
CARE RATING |
|
Rating |
Short Term Borrowing = A4+ |
|
Rating Explanation |
Minimal degree of safety and very high credit risk |
|
Date |
19.07.2017 |
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 16.05.2018.
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 BY
|
Name : |
Pooja Arora |
|
Designation : |
Not Divulged |
|
Contact No.: |
91-9811117480 |
|
Date : |
13.05.2018 |
LOCATIONS
|
Registered Office : |
Building No. 28, 3rd Floor Central Market, West Punjabi
Bagh, New Delhi, West Delhi – 110026, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9811117480 [Pooja Arora] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
|
|
|
Works / Admin Office : |
Village Nathupur, Kundli, Dist. Sanepat – 131029, Haryana, India |
DIRECTORS
As on 31.03.2018
|
Name : |
Mr. Sunil Goel |
||||||||
|
Designation : |
Director |
||||||||
|
Address : |
11/26 Punjabi Bagh, New Delhi – 110026, India |
||||||||
|
Date of Birth/Age : |
26.08.1967 |
||||||||
|
Date of Appointment : |
01.07.2002 |
||||||||
|
DIN No.: |
00166319 |
||||||||
|
Other Directorship:
|
|||||||||
|
|
|
||||||||
|
Name : |
Mr. Sunil Goyal |
||||||||
|
Designation : |
Director |
||||||||
|
Address : |
2/72, Roop NGR Delhi – 110007, India |
||||||||
|
Date of Birth/Age : |
17.04.1970 |
||||||||
|
Date of Appointment : |
15.12.2008 |
||||||||
|
DIN No.: |
02388916 |
||||||||
|
|
|
||||||||
|
Name : |
Mr. Saurabh Bansal |
||||||||
|
Designation : |
Director |
||||||||
|
Address : |
25/8 Punjabi Bagh Extn, New Delhi – 110026, India |
||||||||
|
Date of Birth/Age : |
20.04.1983 |
||||||||
|
Date of Appointment : |
15.12.2008 |
||||||||
|
DIN No.: |
02388921 |
||||||||
|
Other Directorship:
|
|||||||||
|
|
|
||||||||
|
Name : |
Mr. Rajshree Goel |
||||||||
|
Designation : |
Additional Director |
||||||||
|
Address : |
11/26 East Punjabi Bagh, New Delhi – 110026, India |
||||||||
|
Date of Appointment : |
23.01.2017 |
||||||||
|
DIN No.: |
07715147 |
||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Sunder Lal Goel |
|
10 |
|
Surinder Goel |
|
172510 |
|
Mohinder Goel & Sons (HUF) |
|
94500 |
|
Sunil Goel |
|
170500 |
|
Saurabh Bansal |
|
350000 |
|
Sunil Goel & Sons (HUF) |
|
78500 |
|
Surinder Goel & Sons (HUF) |
|
64000 |
|
Hema Goel |
|
20000 |
|
Leelawati |
|
110000 |
|
Tulsi Das Kalra |
|
50000 |
|
Ishwar Chand & Sons (HUF) |
|
53500 |
|
Kamlesh Bansal |
|
10000 |
|
Ganesh Bansal & Sons (HUF) |
|
8500 |
|
Deepti Bansal |
|
3000 |
|
Sonam Goel |
|
27500 |
|
Mohinder Goel |
|
120000 |
|
Sunil Goyal |
|
360000 |
|
Rajshree Goel |
|
416980 |
|
Deepak Jain |
|
37500 |
|
Naina Goel |
|
310000 |
|
Vikram Bhatia |
|
50000 |
|
Reena Goel |
|
660000 |
|
Neha Goel |
|
260000 |
|
Tanya Goel |
|
200000 |
|
Sidhant Goel |
|
218000 |
|
|
|
|
|
Total |
|
3845000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
96.42 |
|
Public/Other than promoters – (Individual/ Hindu Undivided Family –
Indian) |
3.58 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Industrial Bearings. [Registered Activity] |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Brand Names : |
Not Divulged |
||||
|
|
|
||||
|
Agencies Held : |
Not Divulged |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
No. of Employees : |
Information declined by the management |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
Anil Khatri and Company Chartered Accountants |
|
Address : |
V-2, Rajouri Garden |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AATFA2958A |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key
management personnel and their relatives : [As on 31.03.2016] |
A R B Bearings Limited U74899DL1990PLC039861 |
CAPITAL STRUCTURE
As on 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4000000 |
Equity Shares |
INR 10/- each |
INR 40.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3845000 |
Equity Shares |
INR 10/- each |
INR 38.450 Million |
|
|
|
|
|
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 |
38.450 |
38.450 |
38.450 |
|
(b) Reserves &
Surplus |
92.534 |
69.301 |
55.922 |
|
(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) |
130.984 |
107.751 |
94.372 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
72.068 |
81.322 |
34.478 |
|
(b) Deferred tax
liabilities (Net) |
3.892 |
3.197 |
5.861 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
2.842 |
2.530 |
1.549 |
|
Total Non-current
Liabilities (3) |
78.802 |
87.049 |
41.888 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
137.357 |
142.229 |
139.039 |
|
(b) Trade payables |
129.379 |
96.864 |
69.137 |
|
(c) Other current
liabilities |
67.449 |
46.372 |
66.154 |
|
(d) Short-term provisions |
2.250 |
1.593 |
0.400 |
|
Total Current Liabilities
(4) |
336.435 |
287.058 |
274.730 |
|
|
|
|
|
|
TOTAL |
546.221 |
481.858 |
410.990 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
116.510 |
100.033 |
80.277 |
|
(ii) Intangible Assets |
0.386 |
0.452 |
0.596 |
|
(iii) Capital
work-in-progress |
8.656 |
7.053 |
4.560 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
1.591 |
1.198 |
1.199 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
127.143 |
108.736 |
86.632 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
147.834 |
172.311 |
133.648 |
|
(c) Trade receivables |
233.403 |
153.139 |
149.523 |
|
(d) Cash and cash
equivalents |
6.626 |
20.107 |
15.765 |
|
(e) Short-term loans and
advances |
31.215 |
27.565 |
25.422 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
419.078 |
373.122 |
324.358 |
|
|
|
|
|
|
TOTAL |
546.221 |
481.858 |
410.990 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
1010.990 |
637.735 |
532.488 |
|
|
Other Income |
1.648 |
1.199 |
1.156 |
|
|
TOTAL |
1012.638 |
638.934 |
533.644 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
598.851 |
379.818 |
274.416 |
|
|
Purchases of
Stock-in-Trade |
6.939 |
12.859 |
21.639 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
33.171 |
(19.310) |
(12.952) |
|
|
Employees benefits
expense |
79.752 |
61.033 |
47.785 |
|
|
Other expenses |
213.479 |
138.176 |
8.634 |
|
|
TOTAL |
932.192 |
572.576 |
339.522 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
80.446 |
66.358 |
194.122 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
32.091 |
34.929 |
39.063 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX,
DEPRECIATION AND AMORTISATION |
48.355 |
31.429 |
155.059 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
11.892 |
12.698 |
138.896 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
36.463 |
18.731 |
16.163 |
|
|
|
|
|
|
|
Less |
TAX |
13.230 |
4.982 |
6.171 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
23.233 |
13.749 |
9.992 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
6.04 |
3.58 |
-- |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from operating activity |
NA |
NA |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average
Collection Days (Sundry Debtors / Income * 365 Days) |
84.27 |
87.65 |
102.49 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
4.33 |
4.16 |
3.56 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
77.95 |
90.04 |
85.24 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.54 |
0.39 |
1.45 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.64 |
0.62 |
2.27 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets) |
0.75 |
0.76 |
0.75 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
1.60 |
2.07 |
1.84 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
2.57 |
2.66 |
2.91 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.96 |
1.00 |
0.91 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
2.51 |
1.90 |
4.97 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
2.30 |
2.16 |
1.88 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
4.25 |
2.85 |
2.43 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
17.74 |
12.76 |
10.59 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.25 |
1.30 |
1.18 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
0.81 |
0.70 |
0.69 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.24 |
0.22 |
0.23 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
5.45 |
5.81 |
4.51 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.25 |
1.30 |
1.18 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Share Capital |
38.450 |
38.450 |
38.450 |
|
Reserves & Surplus |
55.922 |
69.301 |
92.534 |
|
Net worth |
94.372 |
107.751 |
130.984 |
|
|
|
|
|
|
long-term borrowings |
34.478 |
81.322 |
72.068 |
|
Short term borrowings |
139.039 |
142.229 |
137.357 |
|
Total borrowings |
173.517 |
223.551 |
209.425 |
|
Debt/Equity ratio |
1.839 |
2.075 |
1.599 |
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 |
532.488 |
637.735 |
1010.990 |
|
|
|
19.765 |
58.528 |
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 |
532.488 |
637.735 |
1010.990 |
|
Profit |
9.992 |
13.749 |
23.233 |
|
|
1.88% |
2.16% |
2.30% |
LEGAL CASES
|
DISTRICT AND SESSIONS COURT, SONEPAT Case Details Case
Type: CA Filing
Number: 638/2018Filing Date: 09-02-2018 Registration
Number: 42/2018Registration Date: 09-02-2018 CNR Number: HRSO01-001225-2018 Case Status First Hearing
Date: 09th February 2018 Next Hearing
Date: 19th March 2018 Stage of
Case: Appearance Court Number and
Judge: 18-Additional District and Sessions Judge Petitioner and Advocate 1)
M/s
P.K. Sales Corporation through Pawan Kala Gupta
Respondent and Advocate 1) M/S Eastern
Bearings Private Limited Acts
Subordinate Court Information Court Number and Name: Sh. Ashok
Kumar, CJJD, Sonipat Case Number and Year: CS - 0000349 –
2015 Case Decision Date :: 11-01-2018 History of Case Hearing
|
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 |
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 |
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 |
Yes |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
STATE OF COMPANY’S
AFFAIRS
The Financial Year 2015-16 witnessed a growth for the Company with Net Sales of INR 1010.900 Million (PY INR 637.700 Million), thus showing a growth of 58.52%during the year. After accounting for all expenses including depreciation, exceptional items, the Company earned a PAT of INR 23.200 Million (PY INR 13.700 Million).The directors are very confident that the company shall continue to maintain the growth trajectory in the years to come.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2016 (INR
in Million) |
31.03.2015 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Other loans and advances |
0.000 |
8.512 |
|
Loans and advances from others |
30.132 |
26.194 |
|
|
|
|
|
Total |
30.132 |
34.706 |
INDEX OF CHARGES:
|
Charges Registered |
|
|||||||
|
SNo |
SRN |
Charge Id |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
|
1 |
G46385969 |
100104122 |
08/05/2017 |
- |
- |
508000.0 |
TRISHUL 3RD FLOOR OPP SAMARTHESHWAR TEMPLELAW GARDEN ELLISBRIDGEAHMEDABADGu380006IN |
|
|
2 |
G33508094 |
100074432 |
30/11/2016 |
- |
- |
50000000.0 |
ECE HOUSE28 KATURBA GANDHI MARGNEW DELHIDL110001IN |
|
|
3 |
G85181139 |
100062328 |
25/10/2016 |
22/03/2018 |
- |
48000000.0 |
2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS,GOLE MARKET, BHAI VEER SINGH MARG,NEW DELHIDL110001IN |
|
|
4 |
G85179810 |
100062434 |
25/10/2016 |
22/03/2018 |
- |
350000000.0 |
2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS,GOLE MARKET, BHAI VEER SINGH MARG,NEW DELHIDL110001IN |
|
|
5 |
G08836918 |
100042772 |
29/06/2016 |
- |
- |
1950000.0 |
TRISHUL 3RD FLOOR OPP SAMARTHESHWAR TEMPLELAW GARDEN ELLISBRIDGEAHMEDABADGJ380006IN |
|
|
6 |
G01966902 |
100021496 |
19/10/2015 |
- |
- |
1200000.0 |
LandmarkRace Course CircleVadodraGJ390007IN |
|
|
7 |
G07977101 |
10564766 |
29/01/2015 |
11/07/2016 |
- |
180000000.0 |
HDFC BANK HOUSE, SENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
|
8 |
G04209011 |
10305876 |
12/08/2011 |
- |
05/05/2016 |
48900000.0 |
SME BRANCHINDUSTRIAL AREANARAINADL110028IN |
|
|
9 |
C54199732 |
10376742 |
27/08/2012 |
- |
06/05/2015 |
9000000.0 |
Pusa RoadNew DelhiDL110008IN |
|
|
10 |
C54198858 |
10261534 |
21/12/2010 |
06/02/2014 |
06/05/2015 |
202785000.0 |
SME Pusa Road16, Vikrant Tower, Pusa RoadNew DelhiDL110008IN |
|
|
11 |
B23273360 |
80063932 |
31/12/2005 |
- |
19/10/2011 |
2500000.0 |
COMMERCIAL BRANCHNARAINANEW DELHIDL110035IN |
|
|
12 |
B23272685 |
80063931 |
31/12/2005 |
- |
19/10/2011 |
10000000.0 |
COMMERCIAL BRANCHNARAINANEW DELHIDL110035IN |
|
|
13 |
B06065817 |
10232972 |
27/07/2010 |
06/09/2010 |
25/01/2011 |
41000000.0 |
59, COMMUNITY CENTRECOMMERCIAL BRANCH, NARAINANEW DELHIDL110028IN |
|
|
14 |
B06201784 |
10096298 |
14/03/2008 |
13/09/2010 |
25/01/2011 |
154800000.0 |
Commercial BranchA-5 South Extension Part-INew DelhiDL110049IN |
|
|
15 |
B06066039 |
90058197 |
08/08/2003 |
04/08/2005 |
25/01/2011 |
17000000.0 |
COMMERCIAL BRANCHNARAINANEW DELHIDLIN |
|
FIXED ASSETS
- Land
- Building
- Plant and
Equipment
- Vehicle
- Office
Equipment
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 67.53 |
|
|
1 |
INR 91.49 |
|
Euro |
1 |
INR 80.53 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRI |
|
|
|
|
Analysis Done by
: |
SVA |
|
|
|
|
Report Prepared
by : |
JYO |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as
a reference to assess SC’s credit risk and to set the amount of credit to be
extended. It is calculated from a composite of weighted scores obtained from
each of the major sections of this report. The assessed factors are as follows:
·
Financial condition covering various ratios
·
Company background and operations size
·
Promoters / Management background
·
Payment record
·
Litigation against the subject
·
Industry scenario / competitor analysis
·
Supplier / Customer / Banker review (wherever
available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.