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| DISCLAIMER:- The given report is a sample with imaginary figures/information for reference purpose only. Any relevance to any company is coincidental & has got nothing to do with actual credit report of any organisation. Tradeindia does not take responsibility of the authenticity/correctness of the below given sample information. |
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REFERENCE DETAILS |
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Report Update On |
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{Report Date} |
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Report on |
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ROXY HYDRO PROJECT PRIVATE LIMITED |
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Registered Office |
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Karamrajat, Hoobly - 711 107, West Bengal, India |
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Tel. No. |
: |
91-33-11111111 / 1111 / 11111111 /1111 |
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Mobile |
: |
981111111 |
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Fax No. |
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91-33-22222222/ 22222222 / 22222222 |
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E-mail |
: |
roxy@vsnl.net roxy@roxynet.com |
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SUMMARY |
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Incorporated |
1977 |
Status |
Satisfactory |
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Registration No. |
27259 |
Chief Executive |
Mr. AVIJIT SINHA |
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Capital (Rs.) |
0.613 million |
Payments |
Usually correct |
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Sales (Rs.) |
11.196 millions |
Litigation |
Clear |
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Net Worth (Rs.) |
3.556 millions |
Banking Reputation |
Satisfactory |
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No. of Employees |
23 |
Auditors |
Kansas & Company |
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Credit Rating |
Ba (See attachment 3) |
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Line of Business |
Manufacturers of different types of Hydraulic Presses, Hydraulic Power Packs, Hydraulic Testing Machine, etc. |
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INDUSTRY |
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**************************************** |
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HEAD OFFICE |
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Karamrajat, Hoobly - 711 107, West Bengal, India Tel. No. : 91-33-11111111 / 1111 / 11111111 /1111 Fax No. : 91-33-22222222/ 22222222 / 22222222 E-Mail : roxy@vsnl.net roxy@roxynet.com |
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FACTORY & WAREHOUSE |
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Karamrajat, Hoobly - 711 107, West Bengal, India Tel. No. : 91-33-11111111 / 1111 / 11111111 /1111 Fax No. : 91-33-22222222/ 22222222 / 22222222 E-Mail : roxy@vsnl.net roxy@roxynet.com |
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HISTORY |
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Subject was incorporated on 9th October, 1977 at Howrah in West Bengal having Company Registration Number 36157.
IEC No. 020201421234
Subject was established to take-over existing proprietorship concern which was established in the year 1977, by the name Equip Engin Enterprise.
Mr. Avijit Sinha, a young, energetic engineer, envisioned developing machines with a total indigenous know-how and material. To give his dream a concrete shape, Mr. Sinha thoroughly trained himself in USA and Germany. He gathered first hand experience in reputed organisations like Blue Yang Company & Metal & Board Company Limited on his return. Finally in 1972, his dream became a reality in the form of Equip Engin Enterprise (EEE) in Hoobly - a concern developing world class hydraulic machines with complete indigenous technology.
The company had started cost-effective indigenous operations, in designing and manufacturing items like hydraulic power packs, presses for type, rubber sole and engineering industry, etc. In the year 1978, the constitution of the concern was changed to Peeco Hydraulic Private Limited. |
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LEGAL FORM |
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It is a private limited liability company. |
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DIRECTORS |
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Mr. Avijit Sinha Managing Director
Mrs. Arushi Sinha Director
Mr. PP Sen Director |
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PARTICULARS OF CHIEF EXECUTIVES |
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Name Mr. Avijit Sinha
Designation Managing Director
Address Karamrajat, Hoobly - 711 107,
Date of Birth 14th February, 1955
Date of Appoitment 01.09.1989
Qualification B. Sc., BE (Elect.), MIE
Experience 21 years
Name Mrs. Arushi Sinha
Designation Director
Address Karamrajat, Hoobly - 711 107,
Date of Birth 16th September, 1946
Date of Appoitment 10.01.1980
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Name Mr. PP Sen
Designation Director
Address Karamrajat, Hoobly - 711 107,
Date of Birth 29th november, 1959
Date of Appoitment 01.09.1994
Qualification B. Sc.,
Experience 16 years |
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MAJOR SHAREHOLDERS |
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Names |
No. of Shares |
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Mr. Avijit Sinha |
495 |
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Mrs. Arushi Sinha |
1090 |
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Mr. PP Sen |
560 |
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BUSINESS |
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Subject is engaged in as Manufacturers of different types of Hydraulic Presses, Hydraulic Power Packs, Hydraulic Testing Machine, etc.
The company sells its' products under the brand name "EEC".
Generic Name of Principal Product/Service of the company is as under :
The company's product range includes the following :
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C Frame / Open-Throat Hydraulic Press Capacity
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Horizontal Open-Front / Throat Hydraulic Press Capacity
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Double-Action Power Compacting C Type / 4 Pillar Capacity
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2/4 Pillar Hydraulic Press Capacity upto 1000 tonnes
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Electric / Steam / Heated Single Multi Daylight Hot Platen Press
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Multi Daylight / Electrically Platen Press Capacity
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Portable Hydraulic Gadget
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Horizontal Tensile Testing Machines
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Compression Testing Machine
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Computerised Module Deflection Recorder
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Power Pack & Cylinder
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Test Pump
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Double-Acting / Single-Acing Cylinder
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Telescopic
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Ingegral Coach Lomotive Workshop
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APPLICATIONS
:
Specially
built hydraulic presses / machines used by Indian Railways -
Bucking and De-bucking Press, Eye Rolling Machines Tyre Rim
Press, Bogie Testing Machine, Transverse testing machine, spring
testing machine, horizontal tensile testing machine, armature
coil moulding press, rail straightening machine, press suitable
for manufacturing points & crossings, etc. FRP moulding press
and other special & general purpose machines required by
Railway Workshops for POH and production.
Hydraulic
machines developed for Defence - Filling press, copper band
press, noosing / bottling press for shell manufacturing, etc.
Specially
built machines for public & private sectors - hydraulic
presses / machines, power packs, valves, testing machines, etc.
It
purchases against Cash or Credit (30/60 days) terms.
It
sells against Cash or Credit (30 days) terms.
Its
major customers are end users.
It
is in trade terms with :
Army
Base Workshops
Bhabha
Atomic Research Centre, Moula Ali
Burn
Standard & Company Limited
Coal
India Limited
Defence
Ministry
Indian
Railways
Jenson
& Nicholson of India Limited
West
Bengal State Electricity Board
Its'
major suppliers are from local market.
Subject
employs around 23 persons in its set up comprising of 11 persons
in office and 12 persons in factory.
Subject
operates from caption rented office premises of area admeasuring
3000 sq.fts.
Caption
factory cum warehouse premises of area admeasuring 5000 sq.fts.
is rented.
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PARENT
COMPANY/ SISTER CONCERNS
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NIL
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MEMBERSHIP
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Federation
of Association of small industries of India (FASII)
Federation
of Small and Medium Industries W. B. (FOSMI)
Fluid
Power Society of India (FPSI)
National
Safety Council
Loss
Prevention Association of India
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BANKERS
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Bank
of India, West Bengal, India Credit Limit : Rs. 3.500 millions
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AUDITORS
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Kansas
& Company Chartered Accountants, Office Street, Kolkata - 700
001, West Bengal, India Tel. No. 91-33-1111111 Fax No.
91-33-222222222
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FINANCIAL
INFORMATION
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The
company's latest available financial information for the period
ended 31st March, 2005 is enclosed herewith.
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FOREIGN
EXCHANGE RATES
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Currency
US
Dollar
UK
Pound
Euro
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Unit
1
1
1
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Indian
Rupees
Rs.45.95
Rs.73.72
Rs.51.64
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CAPITAL
STRUCTURE
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Authorised
Capital
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10000
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Equity
Shares of Rs.100 each
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Rs.
1.000 million
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Issued,
Subscribed & Paid-up Capital :
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4130
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Equity
Shares of Rs.100 each
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Rs.0.413
million
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COMMENTS
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Subject
is a well-established company having satisfactory track records.
Directors are reported as experienced, respectable and having
satisfactory means of their own. Their trade relations are
reported as fair. Payments are usually correct and as per
commitments.
Your
proposed business dealings of US $ 35000 can be considered
against D/A or D/P terms.
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ABRIDGED
BALANCE SHEET AS ON 31ST MARCH, 2003 [figures are in Rupees
Millions]
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SOURCES
OF FUNDS
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31.03.2003
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31.03.2002
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31.03.2001
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SHAREHOLDERS
FUNDS
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1]
Share Capital
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0.413
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0.413
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0.313
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2]
Reserves & Surplus
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5.143
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2.863
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3.215
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Total
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5.556
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3.276
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3.528
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LOAN
FUNDS
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1]
Secured Loans
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3.116
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3.680
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1.252
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2]
Unsecured Loans
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0.660
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--
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--
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Advance
against Equity Participation
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--
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--
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0.100
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GRAND
TOTAL
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9.332
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6.956
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4.880
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APPLICATION
OF FUNDS
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FIXED
ASSETS [Net Block]
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4.553
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0.038
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2.270
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Capital
work-in-progress
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--
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--
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--
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INVESTMENTS
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0.038
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2.095
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0.038
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CURRENT
ASSETS, LOANS & ADVANCES
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Inventories
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4.876
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6.007
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2.961
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Sundry
Debtors
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1.833
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3.692
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3.113
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Cash
& Bank Balances
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1.031
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0.964
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0.867
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Loans
& Advances
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0.415
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0.531
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0.581
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Total
Current Assets
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8.155
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11.194
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7.522
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Less
:
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Current
Liabilities
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3.310
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6.371
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4.680
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Provisions
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0.128
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--
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0.270
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Net
Current Assets
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4.717
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4.823
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2.572
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MISCELLANEOUS
EXPENSES
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0.024
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--
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0.000
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GRAND
TOTAL
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9.332
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6.956
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4.880
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IMPORTANT
FINANCIAL INFORMATION FOR three periods
[figures
are in Rupees Millions]
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PARTICULARS
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31.03.2003
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31.03.2002
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31.03.2001
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Sales
Turnover
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13.196
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8.822
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11.323
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[including
other income]
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Profit/(Loss)
Before Tax
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0.346
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[0.173]
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0.365
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Provision
for Taxation
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0.135
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--
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0.160
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Profit/(Loss)
After Tax
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0.211
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[0.173]
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0.205
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Dividend
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N.A.
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N.A.
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N.A.
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Imports
:
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Raw
Materials
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3.606
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Components
& Spares
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--
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N.A.
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N.A.
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Capital
Goods
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0.690
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1.Total
Imports 2.
3.Expenditures : 4.Cost of Goods Sold 5.Depreciation 6.Interest
7.Raw Material 8.Variation of Opening Balance 9.Cost of Trading
Goods 10.Manufacturing Expenses Servicing Expenses
11.Establishment Expenses 12.Finance Charges 13.Total
Expenditures
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4.296
9.775
0.175 0.381
2.391
12.722
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N.A.
--
0.179 -- 3.530 [3.044] 0.332 5.463 0.259 2.062 0.212 8.993
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N.A.
--
0.143 -- 4.701 [0.598] 0.650 3.901 0.377 1.634 0.148 10.956
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SCORE FACTORS |
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SCORE FACTORS |
RANGE |
POINTS |
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HISTORY |
1~10 |
5 |
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PAID-UP CAPITAL |
1~10 |
5 |
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OPERATING SCALE |
1~10 |
5 |
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FINANCIAL CONDITION |
1~10 |
6 |
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--BUSINESS SCALE |
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--PROFITABILIRY |
1~10 |
4 |
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--LIQUIDITY |
1~10 |
4 |
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--LEVERAGE |
1~10 |
5 |
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--RESERVES |
1~10 |
5 |
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--CREDIT LINES |
1~10 |
5 |
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--MARGINS |
-5~5 |
- |
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DEMERIT POINTS |
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--BANK CHARGES |
YES/NO |
YES |
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--LITIGATION |
YES/NO |
NO |
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--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
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MERIT POINTS |
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--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
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--EXPORT ACTIVITIES |
YES/NO |
NO |
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--AFFILIATION |
YES/NO |
NO |
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--LISTED |
YES/NO |
NO |
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--OTHER MERIT FACTORS |
YES/NO |
YES |
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TOTAL |
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44 |
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SCORE SHEET |
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SCORE |
CREDIT RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. Maybe drawn to slightly difficult position as unfavourable conditions arise. Minimal assurance for timely payment on interest and principal sums |
Moderate |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration. Capability to overcome financial difficulties seems comparatively limited or considered not known. Capability to pay both interest and principal sums is doubtful |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity |
Limited with full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not recommended |
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