|
|
|
MIRA INFORM REPORT
|
Report No. : |
508420 |
|
Report Date : |
16.05.2016 |
IDENTIFICATION DETAILS
|
Name : |
GAURSONS PROMOTERS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
D-25 Vivek Vihar, Delhi – 110095 |
|
Mob. No.: |
91-120-4343333 |
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|
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|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
29.12.2006 |
|
|
|
|
Com. Reg. No.: |
55-157197 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 190.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45200DL2006PTC157197 |
|
|
|
|
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 |
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TIN No.: |
Not Divulged |
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|
|
PAN No.: [Permanent Account No.] |
AACCG7684H |
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|
|
|
Legal Form : |
Private Limited Liability Company. |
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|
Line of Business
: |
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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 4200000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
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|
Litigation : |
Exist |
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|
|
|
Comments : |
Subject was incorporated in the year 2006. It is engaged in the
business of construction. For the financial year ended 2017, the company has reported a decline
in its revenue as compared to the previous year but has managed to maintain
an average net profit margin of 3.88%. The company possesses healthy financial position marked by sound net worth
base along with slightly high debt balance sheet profile. Rating is constrained on account of highly competitive construction
industry. Business is active. Payment seems to be slow. In view of aforesaid, the company can be considered for business dealings
at usual trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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 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
Management Non-Cooperative (Tel. No.: 91-120-4343333)
LOCATIONS
|
Registered Office : |
D-25 Vivek Vihar, Delhi – 110095, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
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E-Mail : |
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|
Website : |
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|
|
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Corporate Office : |
Gaur Biz Park, Plot No-1 , Abhay Khand II, Indirapuram Ghaziabad
– 201014, Uttar Pradesh, India |
|
Tel. No.: |
91-120-4343333 |
|
Fax No.: |
91-120-4167319 |
|
E-Mail : |
DIRECTORS
As on 31.03.2018
|
Name : |
Mr. Manoj Gaur |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Designation : |
Managing Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Address : |
B-159 Block B Yojana Vihar Delhi – 110092, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
14.08.1969 |
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Qualification : |
LL.B. |
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Date of Appointment : |
29.12.2006 |
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|
DIN No.: |
00582603 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Other Directorship:
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Name : |
Mr. Iqbal Singh Sodhi |
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|
Designation : |
Wholetime Director |
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|
Address : |
J-266, Patel Nagar-I, Ghaziabad – 201001, Uttar Pradesh,
India |
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Date of Birth/Age : |
26.03.1962 |
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|
Qualification : |
Graduation |
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|
Date of Appointment : |
18.11.2010 |
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|
DIN No.: |
02029450 |
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Other Directorship:
|
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|
Name : |
Mr. Manju Gaur |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
B-159 Block B, Yojana Vihar, Delhi – 110092, India |
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Date of Birth/Age : |
18.07.1970 |
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|
Qualification : |
Graduation |
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|
Date of Appointment : |
28.09.2012 |
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DIN No.: |
03310710 |
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Other Directorship:
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Name : |
Mr. Murari Lal Gaur |
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|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
K 107 Pratap Vihar Sec.12 L Block Ghaziabad – 201001, Uttar
Pradesh, India |
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Date of Birth/Age : |
10.06.1949 |
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Qualification : |
Graduation |
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Date of Appointment : |
20.02.2013 |
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DIN No.: |
06438669 |
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Other Directorship:
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Gaursons India Private Limited, India |
|
9689800 |
|
Saviour Builders Private Limited, India |
|
9310000 |
|
Manoj Gaur (Nominee on behalf of Gaursons India Private Limited) |
|
40 |
|
Murari Lal Gaur (Nominee on behalf of Gaursons India Private Limited) |
|
40 |
|
Arvind Gaur (Nominee on behalf of Gaursons India Private Limited) |
|
40 |
|
Shailendra Raghav (Nominee on behalf of Gaursons India Private
Limited) |
|
40 |
|
Manju Gaur (Nominee on behalf of Gaursons India Private Limited) |
|
40 |
|
|
|
|
|
Total |
|
19000000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoter - Bodies
corporate |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
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Products : |
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||||||
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
||||||
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||||||
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Exports : |
Not Divulged |
||||||
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|
||||||
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Imports : |
Not Divulged |
||||||
|
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|
||||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management |
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|
||||||||||||||||||||||
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Bankers : |
|
||||||||||||||||||||||
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||||||||||||||||||||||
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Facilities : |
|
|
Auditors : |
|
|
Name : |
G. S. Matur and Company Chartered Accountants |
|
Address : |
A-160, Defence Colony, New Delhi – 110024, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAAFG1724F |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Holding Company : |
Gaursons India Private Limited U74899DL1995PTC064555 |
|
|
|
|
Subsidiary Company
: |
Gaursons Educational Institutions Private Limited U80903DL2013PTC247791 |
|
|
|
|
Fellow Subsidiary
Company : |
U45201DL2006PTC145526
U70101DL2010PTC207794
U70200DL2010PTC207899 |
|
|
|
|
Enterprises which are
owned, or have significant influence of or are partners with Key management
personnel and their relatives : |
U70100DL2011PTC215649
|
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20000000 |
Equity Shares |
INR 10/- each |
INR 200.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
19000000 |
Equity Shares |
INR 10/- each |
INR 190.000
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees 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 |
190.000 |
190.000 |
190.000 |
|
(b) Reserves and Surplus |
1308.145 |
1116.883 |
892.616 |
|
(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) |
1498.145 |
1306.883 |
1082.616 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
5638.717 |
6316.923 |
6726.043 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
517.751 |
469.890 |
258.317 |
|
(d) long-term
provisions |
16.236 |
16.621 |
11.699 |
|
Total Non-current
Liabilities (3) |
6172.704 |
6803.434 |
6996.059 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
715.132 |
473.969 |
399.118 |
|
(c) Other
current liabilities |
5509.139 |
7919.899 |
11046.855 |
|
(d) Short-term
provisions |
21.294 |
12.344 |
19.244 |
|
Total Current
Liabilities (4) |
6245.565 |
8406.212 |
11465.217 |
|
|
|
|
|
|
TOTAL |
13916.414 |
16516.529 |
19543.892 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i) Tangible
assets |
152.625 |
272.984 |
286.443 |
|
(ii)
Intangible Assets |
1.469 |
1.722 |
1.694 |
|
(iii) Tangible assets
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 |
6.400 |
6.100 |
16.600 |
|
(c) Deferred tax assets (net) |
40.670 |
26.258 |
17.511 |
|
(d)
Long-term loans and advances |
0.000 |
0.000 |
0.000 |
|
(e) Other
Non-current assets |
42.795 |
1.999 |
1.551 |
|
Total Non-Current Assets |
243.959 |
309.063 |
323.799 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.500 |
0.500 |
0.000 |
|
(b)
Inventories |
8212.695 |
9235.189 |
6327.110 |
|
(c) Trade
receivables |
781.434 |
909.554 |
591.310 |
|
(d) Cash and
bank balances |
139.511 |
175.732 |
1359.569 |
|
(e)
Short-term loans and advances |
4485.070 |
5847.975 |
10918.495 |
|
(f) Other
current assets |
53.245 |
38.516 |
23.609 |
|
Total
Current Assets |
13672.455 |
16207.466 |
19220.093 |
|
|
|
|
|
|
TOTAL |
13916.414 |
16516.529 |
19543.892 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
4933.263 |
5797.221 |
6682.927 |
|
|
Other Income |
49.606 |
46.300 |
42.951 |
|
|
TOTAL |
4982.869 |
5843.521 |
6725.878 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
4255.740 |
5100.940 |
5846.751 |
|
|
Employee benefit expense |
105.680 |
102.089 |
57.232 |
|
|
CSR expenditure |
10.693 |
8.438 |
1.150 |
|
|
Other expenses |
274.398 |
250.195 |
381.291 |
|
|
TOTAL |
4646.511 |
5461.662 |
6286.424 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
336.358 |
381.859 |
439.454 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
25.814 |
22.043 |
28.163 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
310.544 |
359.816 |
411.291 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
5.759 |
4.651 |
2.828 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
304.785 |
355.165 |
408.463 |
|
|
|
|
|
|
|
Less |
TAX |
113.523 |
130.898 |
139.954 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
191.262 |
224.267 |
268.509 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
10.07 |
11.80 |
-- |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
1636.471 |
2126.282 |
4749.731 |
|
Net cash flows from (used in) operations |
152.154 |
(1298.543) |
3758.913 |
|
Net cash flows from (used in) operating activities |
24.219 |
(1438.187) |
3605.687 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
57.82 |
57.27 |
32.30 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
6.31 |
6.37 |
11.30 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
61.33 |
33.92 |
24.92 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
0.04 |
0.04 |
0.07 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
2.18 |
1.39 |
1.53 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.97 |
1.02 |
1.17 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
4.86 |
6.46 |
10.60 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / NetWorth) |
|
4.17 |
6.43 |
10.59 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
0.10 |
0.21 |
0.27 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
13.03 |
17.32 |
15.60 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
3.88 |
3.87 |
4.02 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
1.37 |
1.36 |
1.37 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
12.77 |
17.16 |
24.80 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
2.19 |
1.93 |
1.68 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
0.87 |
0.83 |
1.12 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.11 |
0.08 |
0.06 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
38.29 |
44.44 |
60.40 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current Assets
/ Total Current Liabilities] |
|
2.19 |
1.93 |
1.68 |
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 |
190.000 |
190.000 |
190.000 |
|
Reserves & Surplus |
892.616 |
1116.883 |
1308.145 |
|
Net
worth |
1082.616 |
1306.883 |
1498.145 |
|
|
|
|
|
|
Long-term borrowings |
6726.043 |
6316.923 |
5638.717 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
4749.731 |
2126.282 |
1636.471 |
|
Total
borrowings |
11475.774 |
8443.205 |
7275.188 |
|
Debt/Equity
ratio |
10.600 |
6.461 |
4.856 |
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 |
6682.927 |
5797.221 |
4933.263 |
|
|
0.000 |
(13.253) |
(14.903) |
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 |
6682.927 |
5797.221 |
4933.263 |
|
Profit/ (Loss) |
268.509 |
224.267 |
191.262 |
|
|
4.02
% |
3.87
% |
3.88
% |
LEGAL CASES
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 |
Yes |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
STATE OF AFFAIRS
The turnover of the company during the year was lower by INR 863.958 Million then the previous year. The Net profit for the year amounted to INR 192.477 Million in the current year as compared to INR 22.427 Million in the previous year. Currently company has Group Housing ongoing projects named Gaur City-2 at Noida Extension, Greater Noida. The company is giving possession of many flats in the coming year
INDEX
OF CHARGES:
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G76144112 |
100152702 |
20/12/2017 |
- |
- |
5000000.0 |
ICICI Bank Tower, Near Chakli Circle,Old Padra RoadVadodaraGu390007IN |
|
|
2 |
G74211384 |
100148402 |
30/11/2017 |
- |
- |
2969000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL WMUMBAIMH400013IN |
|
|
3 |
G56702343 |
100126817 |
08/04/2017 |
14/09/2017 |
- |
2750000000.0 |
Asian Bldg., Ground Floor, 17, R.Kamani Marg,Ballard Estate,MUMBAIMH400001IN |
|
|
4 |
G44193563 |
100098444 |
29/03/2017 |
- |
- |
3075000.0 |
ICICI Bank Tower, Near Chakli Circle,Old Padra RoadVadodaraGu390007IN |
|
|
5 |
G38742185 |
100084347 |
08/03/2017 |
- |
- |
3500000000.0 |
Asian Bldg., Ground Floor, 17, R.Kamani Marg,Ballard Estate,MUMBAIMH400001IN |
|
|
6 |
G40984395 |
100089598 |
09/11/2016 |
- |
- |
2000000.0 |
HDFC BANK HOUSESENAPATI BAPAT MARG, LOWER PAREL WMUMBAIMH400013IN |
|
|
7 |
C50929595 |
10563541 |
05/02/2015 |
- |
- |
6200000.0 |
PARLIAMNET STREET BRANCH, GROUND FLOORBANK OF BARODA BUILDING, 16 SANSAD MARGNEW DELHIDL110001IN |
|
|
8 |
C45318789 |
10552585 |
31/01/2015 |
- |
- |
20000000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
|
9 |
G44188118 |
100049709 |
17/09/2016 |
- |
18/05/2017 |
500000000.0 |
S-26, Uphar Cinema ComplexGreen Park ExtensionNew DelhiDL110016IN |
|
|
10 |
G43996073 |
10594564 |
29/09/2015 |
22/12/2015 |
12/05/2017 |
3100000000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
FIXED ASSETS
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Motor vehicles
- Office equipment
- Computer 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 : |
SHW |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
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.