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Distributor (ISD), Office / Sale Office, Others, Recipient of Goods or Services, Retail Business, Service Provision, Supplier of Services, Warehouse / Depot, Wholesale Business, Works Contract

Report AI Summary

Critical Summary

In evaluating the critical dimensions of a company, the analysis unfolds across four vital areas: Credit History, Compliance Rigor, Litigation History, and Market Sentiment. Credit History, identified with a moderate risk level, underlines a significant concern due to 111 defaults recorded in CIBIL over the last five years, flagging it as critical, which directly questions the financial stability and integrity of the entity. Immediate rectification measures, such as rigorous credit review processes and enhanced financial management practices, are imperative to mitigate future risks and improve creditworthiness.

The Compliance Rigor dimension, also marked as moderate risk, spotted 5 delays and 9 defaults in EPFO filings since June 2024, pinpointing a critical risk in labor compliance. This necessitates the adoption of stringent compliance management systems and regular audits to ensure adherence to regulatory mandates, thereby fostering operational transparency and trust among stakeholders.

Litigation History, perceived with moderate risk, reveals critical risk through 30 cases filed by the entity and 10 cases against it in the last five years. Enhanced legal oversight, including risk assessments and strategic litigation management, is crucial to minimize exposure and fortify legal standing.

Market Sentiment, identified at a high-risk level, showcased 8 adverse media mentions as critical, emphasizing the need for strategic reputation management and customer engagement initiatives to counteract negative perceptions and bolster the company's market image.

Conclusively, while the analyzed dimensions expose a spectrum of risks, proactively addressing these through improved financial oversight, compliance diligence, legal resilience, and reputation management strategies stands paramount. Such measures will not only mitigate existing risks but also enhance operational stability and stakeholder confidence.

Overall Summary

The overall risk profile of the company, after a comprehensive analysis across all assessed dimensions, is determined to

be Moderate. The detailed evaluation highlights the Corporate Structure & Operational Capability and Financial Health as facing moderate risks, underpinned by data such as a 23% management turnover rate and liquidity ratios below historical performance benchmarks. The Credit History dimension, noted for 111 defaults as per CIBIL records, falls under a moderate risk category, primarily mitigated by the absence of hits in DRT, NCLT, or NCLAT checks. Compliance Rigor is pegged at moderate risk due to identified delays and defaults in EPFO filings, conversely, Litigation History also settles at moderate risk, marked by the involvement in 30 cases and identification of 10 against the entity. Meanwhile, dimensions like Defaulter and Blacklist Mentions, Sanctions & PEP mentions, Promoter & Related Party Quality all register No Visible Risk, indicating a strong compliance and integrity framework. However, Market Sentiment is categorized as High risk due to negative media signals and customer complaints, urging immediate attention.

Conclusively, the blend of Moderate risk in core operational, financial, credit, compliance, and litigation aspects alongside favorable ratings in defaulter checks and promoter quality underscores a balanced risk landscape with distinct areas for improvement. The High risk in Market Sentiment necessitates strategies focused on reputation management and customer satisfaction to mitigate overarching threats to the company's standing and performance in the industry.

Risk Assessment Scorecard

The Risk Level of the given business target is as follows. There is an 'Overall Entity Risk' provided for an entity as per the various dimensions of risk listed under the section 'Risk Assessment Dimensions'. Each of these dimensions are further split into parameters. The rationale behind the risk classification is provided in the table subsequent to the following table. The 'Overall Entity Risk' and the Risk dimensions as well as Parameters under each dimension are color-coded as per the level of risk each one of them indicates as indexed below.

# Scorecard Explanation

The following table provides an explanation to the ratings provided in the Risk Assessment Scorecard. The rationale behind each of the parameters is provided in this table.# Corporate Structure & Operational Capability

The Corporate Structure & Operational Capability dimension assesses the company's size and scope, management consistency, and workforce strength to evaluate its readiness to address business risks. It examines the scale of operations, leadership stability, and availability of skilled personnel to determine the organization's capacity to effectively manage and mitigate business threats.### Scale of the Company (Amount in INR Lakhs)### Management Consistency

Workforce Strength

* Analysis starts from this month

Financial Health

The Financial Health dimension assesses the company's liquidity position, leverage position, profitability, and business growth to evaluate its overall financial stability and performance. It examines the company's ability to meet short-term obligations, manage debt effectively, generate profits, and sustain growth over time.### Liquidity Position### Leverage Position### Profitability

### Business Growth

* Analysis starts from this year

➢ Refer Annexure 2 for complete historic financial statements.

Credit History

The Credit History dimension assesses an individual's or business entity's financial background. It considers economic defaults, insolvency risk, and credit ratings to determine creditworthiness and repayment capabilities, enabling informed decisions for lenders and financial institutions.### Debt Recovery, Bankruptcy and Insolvency Checks➢ The above checks were executed to identify economic defaults where suits were filed, debt recovery applications against the party and insolvency applications filed against the party by its creditors.

➢ Refer Annexure 4 for case details.

Compliance Rigor

The Compliance Rigor dimension is a thorough assessment of parameters like indirect tax compliance, labor compliance, and MCA compliance to ensure adherence to regulatory obligations. It enables organizations to operate within legal frameworks, mitigate risks, and maintain transparency and trust among stakeholders.### GST Registrations (Active)### GST Registrations (Not Active)### Dealing In Goods and Services and HSN codes### GST Filing History

Following is the summary of Filing Checks executed across all active GSTINs and the list of all GST registrations identified along with their individual filing status.

Filings Summary For All Active GSTINs

-> Delays / Defaults detected

List Of All Active GSTINs & Their Individual Filing Status-> Delays / Defaults detected

EPF Data- Headcount and Labor Information (Amount in INR Lakhs)-> Delay(s) found

-> On Time

-> Delay(s) found-> Delay(s) found

-> On Time

-> Delay(s) found

-> On Time-> Delay(s) found

-> On Time-> On Time

MCA ComplianceChecks run for annual filings with the MCA.

Litigation History

The Litigation History dimension assesses parameters such as litigiousness, criminal background, cases against the target, tax litigations, and insolvency risk to gain insights into an individual or organization's legal background and potential risks. This evaluation helps inform decision-making, risk assessments, and legal strategy development for stakeholders involved.### Legal Screening➢ Checks were executed on the given business across the above courts. Observations are provided above.

  • ➢ Refer Annexure 4 for case details.

Defaulter and Blacklist Mentions

Defaulter and Blacklist Mentions dimension is an evaluation of parameters such as MCA defaults, market regulator defaults, and SFIO, CBI, and other defaults to determine an individual or organization's history of non-compliance and involvement in fraudulent or criminal activities. This assessment assists in identifying potential risks, ensuring regulatory compliance, and making informed decisions regarding partnerships and financial engagements.### MCA- Ministry of Corporate Affairs### Market Regulators Default and Blacklisting### SFIO and CBI- Serious Fraud and Economic Offenses Checks# Sanctions & PEP mentions

Sanctions & PEP Mentions involve assessing trade restrictions, sanctions, and political exposure to identify potential risks associated with an individual or organization. This evaluation ensures compliance with trade laws, regulations, and mitigates risks related to corruption, bribery, and conflicts of interest.### Global Sanctions### Political Exposure of Target# Promoter & Related Party Quality

The Promoter & Related Party Quality dimension assesses the credibility and integrity of promoters and related parties through parameters like legal cases, regulator defaults, trade restrictions and political exposure. This evaluation helps stakeholders make informed decisions by identifying potential risks, ensuring regulatory compliance and safeguarding against legal and reputational concerns.### Legal Screening 1 for Connected Parties1 Court records that match the target name are deemed as "Low Probable Match," while those that match the father's name along with the target name are deemed as "High Probable Match"➢ Checks were executed on the given business across the following courts. Observations are provided below.

  • ➢ Refer Annexure 1 for List of promoters and list of Connected Parties
  • ➢ Refer Annexure 4 for case details

Market Regulators Default and Blacklisting### Global Sanctions- Connected Parties### Political Exposure- Connected Parties

|# Market Sentiment

The Market Sentiment dimension assesses adverse media and customer complaints to evaluate the overall perception of an individual or organization in the market. This analysis helps gauge reputation, identify areas for improvement, and make strategic decisions to enhance market sentiment.### Adverse Media Checks### Consumer CourtThe above checks were executed to identify any disputes ongoing or that may have previously occurred between the target and its customers.

Annexures

Annexure 1

Promoters and Connected Parties Analyzed➢ Refer to the link - Connected Party List for the complete list of connected parties.

Annexure 2

Financial History - Balance Sheets / PL Statement and Cash Flow

Following is the Balance Sheet and PL details of the business.

Balance Sheet (Amount in INR Lakhs)### Profit And Loss Statement (Amount in INR Lakhs)*Amounts are in full value and not in Lakhs

Cash Flow Statement (Amount in INR Lakhs)Annexure 3

Tax Disputes

Checks were executed across the following regulators for any tax disputes that may be ongoing or occurred in the last 5 years.### Annexure 4

Details of hits against the Target and/or Connected parties

  • ➢ Refer to the link Litigation Hits Target for details of hits on the target.
  • ➢ Refer to the link Litigation Hits Connected Parties for details of hits on the Connected Parties.

Limitations of Liabilities

    1. Our findings detailed in this report are based on publicly available information as on the Report Date. We undertake no responsibility to update this report with any incidents that may occur in relation to the target and its connected parties after the Report Date.
    1. The report is to be read in totality and not in parts, and in conjunction with relevant sections mentioned in this document.
    1. This report does not constitute a legal report or advice. Our investigation is not performed in accordance with generally accepted auditing, review and other assurance standards.
    1. You are bound by the Terms of Service and Privacy Policy of SignalX Private Limited as detailed on the website www.signalx.ai
    1. SignalX relies on data made available on the above-mentioned sources by their respective agencies/regulators/departments as on the date of this report. The information is provided as-is and without any additional verification.
    1. To the fullest extent permitted by applicable law, in no event will SignalX, its affiliates, directors, officers, employees, agents, entities or licensors be liable to any person for any indirect, incidental, special, punitive, cover or consequential damages (including, without limitation, damages for lost profits, revenue, sales, goodwill, use of the content, impact on business, business interruption, loss of anticipated savings, loss of business opportunity) however caused, under any theory of liability, including, without limitation, contract, tort, warranty, breach of statutory duty, negligence or otherwise, even if the liable party has been advised as to the possibility of such damages or could have foreseen such damages. To the maximum extent permitted by applicable law, the aggregate liability of SignalX and its affiliates, officers, employees, agents, entities and licensors relating to the services will be limited to an amount not greater than one US dollar. The limitations and exclusions also apply if this remedy does not fully compensate you for any losses or fails of its essential purpose. Once the transaction is completed as per the provisions of this document, SignalX is no longer liable for any claims from the User or to any third party. Any dispute shall have to be resolved amongst themselves and the user hereby indemnifies SignalX from any such disputes or claims or litigations or related thereof.
    1. You agree to indemnify and hold SignalX and its affiliates, directors, officers, employees, agents, entities and licensors harmless from and against any liabilities, losses, damages or costs, including reasonable attorneys' fees, incurred in connection with or arising from any third-party allegations, claims, actions, disputes, or demands asserted against any of them as a result of or relating to your use of our Services or any wilful misconduct on your part.

[ END OF REPORT ]

Risk Dimensions Column_1 Column_2 Risk Parameters Column_4 Column_5
Litigation History Litigiousness Criminal Cases Against Tax Litigations Insolvency Risk
30.0 Background Target
Defaulter and Blacklist Market SFIO, CBI and
Mentions 10.0 MCA Default Regulator Defaults Other Defaults
5.0 Sanctions Target
Legal Cases Trade Political
Promoter and Related Against Restrictions Exposure Of
Connected Connected Connected
Parties Parties Parties
Market Sentiment Customer
5.0 Adverse Media Complaints
Sanctions and PEP Trade Political
Regulator
Defaults
Parties
Against
Party Quality
Mentions Restrictions and Exposure Of
10.0 Connected
Risk Parameter Analyst Observations
Scale of the Company Since the revenue of the target is high as compared to companies across industries, at
421774.0 Lakh INR, we have categorized the Scale of the Company as No Visible Risk.
Management Consistency Since 23% of the management members have left the company before completing a
standard 5 year tenure, we have categorized 'Management Consistency' as Moderate
Risk.
Workforce Strength Since there is 0.94% reduction in the workforce strength, as per EPFO Records for the
last 6 months, we have categorized Workforce Strength as Moderate Risk.
Liquidity Position Since the Quick, Cash and Current ratios appear to be unfavourable at 0.59, 0.14 and
1.09 with respect to the entity's historic performance, we have classified 'Liquidity
Position' as High Risk.
Leverage Position Since Debt, Debt Equity and Interest Coverage ratios appear to be favourable at 0.68,
2.16 and 2.17 with respect to the entity's historic performance, we have classified
'Leverage Position' as Moderate Risk.
Profitability Since the net profit margin for the year appears to be unfavourable at 0.35%, with
respect to the entity's historic performance we have categorized it as High Risk.
Business Growth Since the avg YoY Revenue growth rate for the last 5 years stands at a favourable 17%,
we have classified it as No Visible Risk.
Economic Defaults Since there are 111 defaults identified against the target under CIBIL, in the last 5 years,
we have classified it as Critical Risk.
Insolvency Risk Since there are No hits identified against the target in DRT, NCLT or NCLAT, in the last 5
years, we have classified it as No Visible Risk.
Risk Parameter Analyst Observations
--- ---
Indirect Tax Compliance Since we have identified 5 delay and 1 default wrt to GST filings , we have classified it as
Moderate Risk.
Labour Compliance Since there is 5 delays and 9 default wrt to EPFO filings since Jun, 2024, we have classified it as Critical Risk.
MCA Compliance Since there are No filing defaults for the FYs -, identified against the target with respect
to mandatory MCA filings (MGT-7,AOC-4 and ADT-1), in the last 5 years, we have
classified the parameter as No Visible Risk.
Litigiousness Since the entity has filed 30 cases against any party in the last 5 years, we have
classified the parameter as Critical Risk.
Criminal Background Since there are No criminal cases filed against the target in the last 5 years, we have
classified the parameter as No Visible Risk.
Cases Against Target Since there are 10 cases identified against the Target in the last 5 years, we have
classified it as Critical Risk.
Tax Litigations Since there are No cases identified against the target under CESTAT, ITAT, ATFP, in the
last 5 years, we have classified it as No Visible Risk.
MCA Default Since there are No hits identified against the target under any of the lists of defaults
issued by the MCA, we have classified it as No Visible Risk.
Market Regulator Defaults Since there are No hits identified against the target under any unfavorable SEBI
mentions, in the last 5 years, we have categorized the parameter as No Visible Risk.
SFIO, CBI and Other Since there are No defaults identified against the target under SFIO, CCI and CBI in the
Defaults last 5 years, we classified as No Visible Risk.
Trade Restrictions and Since there were No hits found against the party across international sanctions check,
Sanctions we have classified it as No Visible Risk.
Political Exposure Of Since there were No hits found against the party across various PEP lists, we classified it
Target as No Visible Risk.
Risk Parameter Analyst Observations
--- ---
Legal Cases Against Since there are No legal cases identified against the Connected Parties in the last 5
Connected Parties years, we have classified it as No Visible Risk.
Regulator Defaults Since there are No defaults identified against the Connected Parties under SEBI, MCA,
Against Connected Parties SFIO, CCI and CBI, in the last 5 years. We have classified the parameter as No Visible
Risk.
Trade Restrictions Since there were No hits found against the Connected parties across international
Connected Parties sanctions check, we have classified it as No Visible Risk.
Political Exposure Of Since there were No hits found against the parties across PEP lists, we classified the
Connected Parties parameter as No Visible Risk
Adverse Media Since there are 8 negative signals found against the Target as per our Media Research,
we have classified the parameter as Critical Risk.
Customer Complaints Since there are 1 hits under NCDRC cases filed against the target, we have classified it
as Moderate Risk.
Risk Parameter Analyst Observations
Scale of the Company Since the revenue of the target is high as compared to companies across industries, at
421774.0 Lakh INR, we have categorized the Scale of the Company as No Visible Risk.
Since 23% of the management members have left the company before completing a
Management Consistency standard 5 year tenure, we have categorized 'Management Consistency' as Moderate
Risk.
Workforce Strength Since there is 0.94% reduction in the workforce strength, as per EPFO Records for the
last 6 months, we have categorized Workforce Strength as Moderate Risk.
Element Name 2019 - 2020 2020 - 2021 2021 - 2022 2022 - 2023 2023 - 2024
Revenue in INR YoY 2,64,947.0 2,82,316.0 3,43,347.0 4,21,774.0
Director Name DIN Term
ASHOK BHANDARI 12210 2018-Present
AMAR SINGH NEGI 8941850 2020-Present
BISWADIP GUPTA 48258 2021-Present
SUDIP BANERJEE 5245757 2012-Present
DESH RAJ DOGRA 226775 2021-Present
Director Name DIN Term
--- --- ---
SANGEETA SUMESH 7080379 2015-Present
RAHUL CHOUDHURI 6817748 2017-Present
BIKRAMJIT NAG 827155 2008-Present
CHACKO JOSEPH 7528693 2019-Present
COLLEGAL SRINIVASAN 10149022 2024-Present
GOVINDARAJ
PANAMANNA HARIHARAN 10158148 2023-Present
NARAYANAN
TRIDIBESH MUKHERJEE 4777 2011-2017
PARTHA SEN 7547244 2021-2021
SOMEN BAL 562538 2002-2013
PRADIP KUMAR BISWAS 1667149 2007-2008
HARSH VARDHAN SACHDEV 6385288 2021-2023
SUDAM MAITRA 35398 2015-2020
RADHARAMAN 930374 2003-2017
BHATTACHARYA
RANGANATHARAO 1687752 2003-2019
MURALIDHAR
GOUTAM RAYCHOWDHURY 118560 2000-2023
KM UNNIKRISHNAN 826653 2003-2011
BULU PAUL MUKTIEH 123561 2002-2007
Month Strength Increase/Decrease
June 24 1,906 N/A*
July 24 1,913 Increase
August 24 1,920 Increase
September 24 1,917 Decrease
October 24 1,889 Decrease
November 24 193 Decrease
Risk Parameter Analyst Observations
Liquidity Position Since the Quick, Cash and Current ratios appear to be unfavourable at 0.59, 0.14 and 1.09 with respect to the entity's historic performance, we have classified 'Liquidity
Position' as High Risk.
Leverage Position Since Debt, Debt Equity and Interest Coverage ratios appear to be favourable at 0.68,
2.16 and 2.17 with respect to the entity's historic performance, we have classified
'Leverage Position' as Moderate Risk.
Profitability Since the net profit margin for the year appears to be unfavourable at 0.35%, with
respect to the entity's historic performance we have categorized it as High Risk.
Business Growth Since the avg YoY Revenue growth rate for the last 5 years stands at a favourable
17%, we have classified it as No Visible Risk.
Element Name 2019 - 2020 Column_2 2020 - 2021 Column_4 2021 - 2022 Column_6 2022 - 2023 Column_8 2023 - 2024
Quick Ratio 0.89 0.83 0.64 0.59
Current Ratio 1.5 1.36 1.17 1.09
Cash Ratio 0.41 0.41 0.28 0.14
Element Name 2019 - 2020 Column_2 2020 - 2021 Column_4 2021 - 2022 Column_6 2022 - 2023 Column_8 2023 - 2024
Debt Equity Ratio 1.57 1.72 2.13 2.16
Debt Ratio 0.61 0.63 0.68 0.68
Interest Coverage 2.66 4.2 -1.32 2.17
Element Name 2019 - 2020 Column_2 2020 - 2021 Column_4 2021 - 2022 Column_6 2022 - 2023 Column_8 2023 - 2024
Net Profit Margin % 0.97 2.27 -1.4 0.35 N/A*
Element Name 2019 - 2020 Column_2 2020 - 2021 Column_4 2021 - 2022 Column_6 2022 - 2023 Column_8 2023 - 2024
Revenue Growth % -0.84 6.56 21.62 22.84 N/A*
Risk Parameter Analyst Observations
Economic Defaults Since there are 111 defaults identified against the target under CIBIL, in the last 5 years, we have classified it as Critical Risk.
Since there are No hits identified against the target in DRT, NCLT or NCLAT, in the last
Insolvency Risk 5 years, we have classified it as No Visible Risk.
Category Observation/Comments Status
CIBIL Defaulter Suit Filed (NPA) for economic defaults Classified as an NPA
more than 25L
CIBIL Wilful Defaulter Suit Filed for economic defaults Classified as a Wilful Defaulter
more than 25L INR
Debt Recovery Tribunal Litigations Check No Debt Recovery Proceeding
Debt Recovery Appellate Tribunal Litigations Check No Debt Recovery Proceeding
NCLT Litigations Check for Insolvency and Bankruptcy 2 Insolvency / Liquidation Proceedings with
Orders perfect match
NCLAT Litigations Check for Insolvency and Bankruptcy No Insolvency / Liquidation Proceeding
Orders
IBBI Litigations Check for Insolvency and Bankruptcy No Insolvency / Liquidation Proceeding
Orders
RBI Compounding Orders No Compounding Order
Risk Parameters Analyst Observations
Indirect Tax Compliance Since we have identified 5 delay and 1 default wrt to GST filings , we have classified it
as Moderate Risk.
Labour Compliance Since there is 5 delays and 9 default wrt to EPFO filings since Jun, 2024, we have classified it as Critical Risk.
MCA Compliance Since there are No filing defaults for the FYs -, identified against the target with
respect to mandatory MCA filings (MGT-7,AOC-4 and ADT-1), in the last 5 years, we
have classified the parameter as No Visible Risk.
Sr. GSTIN Date of State Principal Place of Business as per Status
No registration GST Records
1 37AAACI6561R1ZW 01/07/2017 ANDHRA PRADESH Flat No.2 and 3, Vasavi Colony, 59A-8/1-10,Gurunanak Colony,Vijayawada, Near Anjaneya Active
Restaurant, Vijayawada, NTR, Andhra
Pradesh, 520008
2 03AAACI6561R1Z7 01/07/2017 PUNJAB C-196A 1ST FLOOR, IFB INDUSTRIES INDUSTRIAL FOCAL POINT Active
LTD, TIME SQUARE BUILDING,
PHASE-VIIIB, MOHALI, SAS Nagar,
Punjab, 160055
3 27AAACI6561R2ZW 16/03/2018 MAHARASHTRA 2ND FLOOR, S.V. NO. 101, MATRUCHAYA BUILDING, NEHARU NAGAR, PIMPRI, Pune, Maharashtra, Active
411018
Sr. GSTIN Date of State Principal Place of Business as per Status
--- --- --- --- --- ---
No registration GST Records
HOLDING NO.304, ROAD NO.7,
WEST LAYOUT, SONARI,
4 20AAACI6561R1ZB 01/07/2017 JHARKHAND JAMSHEDPUR, East Singhbhum, Active
Jharkhand, 831011 GROUND FLOOR, H-9,B-1, IFB
5 07AAACI6561R1ZZ 01/07/2017 DELHI INDUSTRIES LIMITED, MOHAN COOPERATIVE INDUSTRIAL ESTATE, Active
Haldiram's, New Delhi, South East Delhi, Delhi, 110044
17,VISVESWARAIAH INDUSTRIAL
ESTATE, OFF WHITEFIELD
6 29AAACI6561R3ZR 01/07/2017 KARNATAKA ROAD,MAHADEVPURA POST, Active
Bangalore, Bengaluru Urban,
Karnataka, 560048
7 19AAACI6561R1ZU 01/07/2017 WEST BENGAL 14, TARATOLLA ROAD, TARATALA, Active
Kolkata, West Bengal, 700088
8 02AAACI6561R2Z8 01/07/2017 HIMACHAL GROUND FLOOR, PLOT NO 19 D, SECTOR-19-D, SECTOR -02, Active
PRADESH SECTOR-02, PLOT 19 D, PARWANOO,
Solan, Himachal Pradesh, 173220
9 24AAACI6561R1Z3 01/07/2017 GUJARAT 8th Floor, 814, Maple Trade Center, Near Surdhara Circle, Thaltej, Active
Ahmedabad, Ahmedabad, Gujarat,
380052
10 30AAACI6561R1ZA 01/07/2017 GOA L1, IFB INDUSTRIES LIMITED, VERNA Active
ELECTRONIC CITY, VERNA, South
Goa, Goa, 403722
11 08AAACI6561R3ZV 01/07/2017 RAJASTHAN 138, Road Number 12, Vishwakarma Active
Industrial Area, Jaipur, Jaipur,
Rajasthan, 302013
12 19AAACI6561R2ZT 12/07/2017 WEST BENGAL 14, TARATOLLA ROAD, TARATALA, Active
Kolkata, West Bengal, 700088
13 19AAACI6561R5ZQ 04/02/2022 WEST BENGAL XX, NH2 DELHI ROAD, VILLAGE BAMUNARI, Hooghly, West Bengal, Active
712250
Sr. GSTIN Date of State Principal Place of Business as per Status
--- --- --- --- --- ---
No registration GST Records
14 33AAACI6561R2Z3 01/07/2017 TAMIL NADU 1, JM Complex, Suntek Axpress India Active
Pvt Ltd, Chennai-Bangalore High
Road, Irrunkattukottai, Sriperumbudur,
Kancheepuram, Tamil Nadu, 602105
15 24AAACI6561R2Z2 05/02/2018 GUJARAT 2ND FLOOR, 202, MARUTI CRYSTAL, Active
S.G HIGHWAY, BODAKDEV,
Ahmedabad, Gujarat, 380015 Ground and First, B14, Sun bright
16 33AAACI6561R1Z4 01/07/2017 TAMIL NADU Textiles India Pvt Ltd, Guindy Industrial Active
Estate, Thiru Vi Ka Industrial Estate,
Chennai, Chennai, Tamil Nadu, 600032
17 09AAACI6561R1ZV 01/07/2017 UTTAR PRADESH E 75, TRANSPORT NAGAR PHASE II, Active
KANPUR ROAD, LUCKNOW, Lucknow,
Uttar Pradesh, 226012
18 30AAACI6561R2Z9 23/12/2020 GOA L1, IFB INDUSTRIES LIMITED, VERNA ELECTRONIC CITY, VERNA, South Active
Goa, Goa, 403722
19 30AAACI6561R3Z8 23/12/2020 GOA L1, IFB INDUSTRIES LIMITED, VERNA ELECTRONIC CITY, VERNA, South Active
Goa, Goa, 403722 HCL COMPOUND, HCL COMPOUND,
20 05AAACI6561R1Z3 01/07/2017 UTTARAKHAND SAHARANPUR ROAD, Active
NIRANJANPUR, Dehradun,
Uttarakhand, 248001
21 18AAACI6561R1ZW 01/07/2017 ASSAM 2ND FLOOR, BASANTA ENCLAVE, BASANTA ENCLAVE, DR B BARUAH Active
ROAD, ULUBARI, Kamrup
Metropolitan, Assam, 781007
22 19AAACI6561R4ZR 03/04/2019 WEST BENGAL 2, PLOT NO. IND - 5, SECTOR - 1, Active
EAST CALCUTTA TOWNSHIP,
Kolkata, West Bengal, 700107
23 04AAACI6561R1Z5 01/07/2017 CHANDIGARH SCO-2431, SECTOR-22-C, Active
CHANDIGARH, Chandigarh,
Chandigarh, 160022
24 06AAACI6561R1Z1 01/07/2017 HARYANA 58th Mile Stone, Delhi Jaipur Highway NH-8, Binola, Gurugram, Haryana, Active
122413
Sr. GSTIN Date of State Principal Place of Business as per Status
--- --- --- --- --- ---
No registration GST Records
25 36AAACI6561R1ZY 01/07/2017 TELANGANA PLOT NO 3 AND 4 , SY. NO 299 AND GROUND , 1 ST AND 2 ND FLOOR, BHAVANI NAGAR ,MOOSAPET VILLAGE ,, BALANAGAR MANDAL Active
301, H NO 11-5-150/1, TNK EMPIRE,
,KUKATPALLY CIRCLE, Hyderabad, Telangana, 500018
OFF WHITEFIELD ROAD, 16/17,
26 29AAACI6561R1ZT 01/07/2017 KARNATAKA VISVESWARAIAH INDL.ESTATE, 1ST MAIN ROAD, MAHADEVAPURA Active
POST, Bengaluru Urban, Karnataka,
560048
27 32AAACI6561R1Z6 01/07/2017 KERALA 36/1923, 36/1923 A, Sebastian Road, Active
Kaloor, Ernakulam, Kerala, 682017
28 29AAACI6561R4ZQ 22/10/2018 KARNATAKA 3B/3C, IFB INDUSTRIES LTD, BOMMASANDRA INDUSTRIAL AREA, Active
ANEKAL TALUK, Bengaluru Urban,
Karnataka, 560099
29 22AAACI6561R1Z7 01/07/2017 CHHATTISGARH Raghav House, C/o Chhattisgarh Active
Distributors Pvt Ltd, Priyadarshni
Nagar, Behind Matra Pitra Chhaya Apt,
Raipur, Raipur, Chhattisgarh, 492006
30 34AAACI6561R1Z2 01/07/2017 PONDICHERRY 216A, Thiruvalluvar salai, Active
Pillaithottam, Puducherry, Puducherry,
605013
31 06AAACI6561R2Z0 01/07/2017 HARYANA SCO 632, 1-2 FLOOR, RAM BAGH RAOD, AMBALA CANTT., Ambala, Active
Haryana, 133001 Ground Floor and First Floor, Plot
502/165, IFB Industries Ltd, Chennai
32 21AAACI6561R1Z9 01/07/2017 ORISSA Kolkata Highway, Ganapati Dhaba, Active
Jayapur, Pahala,, Bhubaneswar,
Khordha, Odisha, 752101
33 19AAACI6561R3ZS 26/07/2017 WEST BENGAL 2, PLOT NO. IND - 5, SECTOR - 1, EAST CALCUTTA TOWNSHIP, Active
Kolkata, West Bengal, 700107
Sr. GSTIN Date of State Principal Place of Business as per Status
--- --- --- --- --- ---
No registration GST Records
MADHYA FIRST FLOOR, 113 and 117, CHINAR INCUBE BUSINESS CENTRE,
34 23AAACI6561R2Z4 01/07/2017 PRADESH HOSHANGABAD ROAD, MISROD, Active
Bhopal, Madhya Pradesh, 462043
G - 41, KAILASH INDUSTRIAL, PARK
SITE, VEER SAVARKAR MARG,
35 27AAACI6561R1ZX 01/07/2017 MAHARASHTRA VIKHROLI WEST, Mumbai Suburban, Active
Maharashtra, 400079
Ground Floor, Flat No. 9, Shree Sadan
36 10AAACI6561R1ZC 01/07/2017 BIHAR House, Patliputra Colony, Patna, Patna, Active
Bihar, 800013
Ground Floor, Khasra No. 807 min.
Khata No. 231 min. and Khewat No 18,
Maloofa Avenue, Chowadhi,Birpur
37 01AAACI6561R1ZB 08/07/2017 JAMMU KASHMIR road, T.R.B Petrol Pump, Tehsil Bahu, Active
Jammu, Jammu, Jammu and Kashmir,
180011
Sr. GSTIN Date of State Principal Place of Business as per Status
No registration GST Records
1 29AAACI6561R2ZS 01/07/2017 KARNATAKA Not Migrated
HOLDING NO 304, ROAD NO.7, WEST LAYOUT, SONARI, Cancelled on
2 20AAACI6561R2ZA 20/02/2018 JHARKHAND application of
JAMSHEDPUR, East Singhbhum, Taxpayer
Jharkhand, 831011 CW AGARTALA HAPANIA,
C/O-CENTRAL WAREHOUSING
Cancelled on
3 16AAACI6561R1Z0 29/09/2018 TRIPURA CORPN, PO. O.N.G.C, AGARTALA
BISHALGARH ROAD, NEAR ONGC application of Taxpayer
COMPLEX, West Tripura, Tripura,
799014
Sr. GSTIN Date of State Principal Place of Business as per Status
--- --- --- --- --- ---
No registration GST Records
4 02AAACI6561R1Z9 01/07/2017 HIMACHAL PRADESH Not Migrated
5 18AAACI6561R2ZV 01/07/2017 ASSAM Not Migrated
6 08AAACI6561R1ZX 01/07/2017 RAJASTHAN Inactive
First and Second, SCO 632, Ram Bagh, Cancelled on
7 06AAACI6561R3ZZ 01/07/2017 HARYANA Ambala Cantt, Ambala, Haryana, application of
133001 Taxpayer
HSN Code Description
85165000 MICROWAVE OVENS
84151010 SPLIT SYSTEM
84501100 FULLY-AUTOMATIC MACHINES
84221100 OF THE HOUSEHOLD TYPE
84221900 OTHER
440245 MAINTENANCE OR REPAIR SERVICE
8708 PARTS AND ACCESSORIES OF THE MOTOR VEHICLES OF HEADINGS 8701 TO 8705
8414 AIR OR VACUUM PUMPS, AIR OR OTHER GAS COMPRESSORS AND FANS;
VENTILATING OR RECYCLING HOODS INCORPORATING A FAN, WHETHER OR NOT FITTED WITH FILTERS; GAS-TIGHT BIOLOGICAL SAFETY CABINETS, WHETHER OR
NOT FITTED WITH FILTERS
7318 SCREWS, BOLTS, NUTS, COACH-SCREWS, SCREW HOOKS, RIVETS, COTTERS,
COTTER-PINS, WASHERS (INCLUDING SPRING WASHERS) AND SIMILAR ARTICLES,
OF IRON OR STEEL
HSN Code Description
--- ---
8538 BOARDS, PANELS, CONSOLES, DESKS, CABINETS AND OTHER BASES, EQUIPPED
WITH TWO OR MORE APPARATUS OF HEADING 8535 OR 8536, FOR ELECTRIC
CONTROL OR THE DISTRIBUTION OF ELECTRICITY, INCLUDING THOSE
INCORPORATING INSTRUMENTS OR APPARATUS OF CHAPTER 90, AND
NUMERICAL CONTROL APPARATUS, OTHER THAN SWITCHING APPARATUS OF
HEADING 8517 FOR A VOLTAGE NOT EXCEEDING 1,000 V
8713 CARRIAGES FOR DISABLED PERSONS, WHETHER OR NOT MOTORISED OR
OTHERWISE MECHANICALLY PROPELLED
998211 Legal advisory and representation services concerning criminal law
998513 Contract staffing services
996791 Goods transport agency services for road transport
997212 Rental or leasing services involving own or leased non-residential property
998715 Maintenance and repair services of transport machinery and equipment other than those
covered by 998713 & 998714
8450 HOUSEHOLD OR LAUNDRY-TYPE WASHING MACHINES, INCLUDING MACHINES
WHICH BOTH WASH AND DRY
8516 ELECTRIC INSTANTANEOUS OR STORAGE WATER HEATERS AND IMMERSION
HEATERS, ELECTRIC SPACE HEATING APPARATUS AND SOIL HEATING APPARATUS,
ELECTROTHERMIC HAIR-DRESSING APPARATUS (FOR EXAMPLE, HAIR DRYERS,
HAIR CURLERS, CURLING TONG HEATERS) AND HAND DRYERS, ELECTRIC
SMOOTHING IRONS, OTHER ELECTRO-THERMIC APPLIANCES OF A KIND USED FOR
DOMESTIC PURPOSES, ELECTRIC HEATING RESISTORS, OTHER THAN THOSE OF
HEADING 8544
8421 CENTRIFUGES, INCLUDING CENTRIFUGAL DRYERS, FILTERING OR PURIFYING
MACHINERY AND APPARA FOR LIQUIDS OR GASES
8422 DISH WASHING MACHINES , MACHINERY FOR CLEANING OR DRYING BOTTLES OR
OTHER CONTAINERS, MACHINERY FOR FILLING, CLOSING, SEALING OR LABELLING
BOTTLES, CANS, BOXES, BAGS OR OTHER CONTAINERS, MACHINERY FOR
CAPSULING BOTTLES, JARS, TUBES AND SIMILAR CONTAINERS , OTHER PACKING
OR WRAPPING MACHINERY (INCLUDING HEAT-SHRINK WRAPPING MACHINERY),
MACHINERY FOR AERATING BEVERAGES
HSN Code Description
--- ---
87089900 OTHER
84142090 OTHER
73182200 OTHER WASHERS
85389000 OTHER
440048 RENT A CAB OPERATORS
440108 SECURITY / DETECTIVE AGENCIES
440262 TRANSPORT OF GOODS BY ROAD
440410 WORKS CONTRACT SERVICES
8207 INTERCHANGEABLE TOOLS FOR HAND TOOLS, WHETHER OR NOT
POWER-OPERATED, OR FOR MACHINE-TOOLS (FOR EXAMPLE, FOR PRESSING,
STAMPING, PUNCHING, TAPPING, THREADING, DRILLING, BORING, BROACHING,
MILLING, TURNING OR SCREW DRIVING), INCLUDING DIES FOR DRAWING OR
EXTRUDING METAL, AND ROCK DRILLING OR EARTH BORING TOOLS
8714 PARTS AND ACCESSORIES OF VEHICLES OF HEADINGS 8711 TO 8713
8448 AUXILIARY MACHINERY FOR USE WITH MACHINES OF HEADING 8444, 8445, 8446
OR 8447 (FOR EXAMPLE, DOBBIES, JACQUARDS, AUTOMATIC STOP MOTIONS,
SHUTTLE CHANGING MECHANISMS), PARTS AND ACCESSORIES SUITABLE FOR
USE SOLELY OR PRINCIPALLY WITH THE MACHINES OF THIS HEADING OR OF
HEADING 8444, 8445, 8446 OR 8447 (FOR EXAMPLE, SPINDLES AND SPINDLE
FLYERS, CARD CLOTHING, COMBS, EXTRUDING NIPPLES, SHUTTLES, HEALDS AND
HEALD FRAMES, HOSIERY NEEDLES)
8451 HOUSEHOLD OR LAUNDRY-TYPE WASHING MACHINES, INCLUDING MACHINES
WHICH BOTH WASH AND DRY
8415 AIR CONDITIONING MACHINES, COMPRISING A MOTOR DRIVEN FAN AND
ELEMENTS FOR CHANGING THE TEMPERATURE AND HUMIDITY, INCLUDING
THOSE MACHINES IN WHICH THE HUMIDITY CANNOT BE SEPARATELY REGULATED
72112350 STRIP
72042990 OTHER
HSN Code Description
--- ---
998898 Other Job work services nowhere else classified
441480 OTHER TAXABLE SERVICES - OTHER THAN THE ONES MENTIONED
85161000 ELECTRIC INSTANTANEOUS OR STORAGE WATER HEATERS AND IMMERSION
HEATERS
998599 Other support services nowhere else classified
87142010 MECHANICALLY PROPELLED
85012000 OTHER DC MOTORS, DC GENERATORS, OTHER THAN PHOTOVOLTAIC GENERATORS
82079090 OTHER
87084000 GEAR BOXES AND PARTS THEREOF
8420 CALENDERING OR OTHER ROLLING MACHINES, OTHER THAN FOR METALS OR
GLASS, AND CYLINDERS THEREFOR
85093000 ELECTRO-MECHANICAL DOMESTIC APPLIANCES, WITH SELF-CONTAINED
ELECTRIC MOTOR KITCHEN WASTE DISPOSERS
Checks (period considered) Filing Types Considered % On Time % Delays % Defaults Status
Monthly Filings GSTR1 GSTR3B 99.1 % 0.7 % 0.2 %
Jun 2024 -Nov 2024 GSTR6 (430/434) (3/434) (1/434)
Quarterly Filings - N/A - - N/A - - N/A -
- - (0/0) (0/0) (0/0)
Annual Filings GSTR9 99.0 % 1.0 % 0.0 %
Apr 2021 - Mar 2024 GSTR9C (205/207) (2/207) (0/207)
Sr. No GSTIN State % On Time % Delays % Defaults Status
1 37AAACI6561R1ZW ANDHRA PRADESH 94.74 % 5.26 % 0.0 %
(18/19) (1/19) (0/19)
2 03AAACI6561R1Z7 PUNJAB 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
3 27AAACI6561R2ZW MAHARASHTRA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
4 20AAACI6561R1ZB JHARKHAND 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
5 07AAACI6561R1ZZ DELHI 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
6 29AAACI6561R3ZR KARNATAKA 94.74 % 0.0 % 5.26 %
(18/19) (0/19) (1/19)
7 19AAACI6561R1ZU WEST BENGAL 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
8 02AAACI6561R2Z8 HIMACHAL 100.0 % 0.0 % 0.0 %
PRADESH (18/18) (0/18) (0/18)
9 24AAACI6561R1Z3 GUJARAT 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
10 30AAACI6561R1ZA GOA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
11 08AAACI6561R3ZV RAJASTHAN 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
12 19AAACI6561R2ZT WEST BENGAL 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
13 19AAACI6561R5ZQ WEST BENGAL 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
14 33AAACI6561R2Z3 TAMIL NADU 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
Sr. No GSTIN State % On Time % Delays % Defaults Status
--- --- --- --- --- --- ---
15 24AAACI6561R2Z2 GUJARAT 73.33 % 26.67 % 0.0 %
(11/15) (4/15) (0/15)
16 33AAACI6561R1Z4 TAMIL NADU 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
17 09AAACI6561R1ZV UTTAR PRADESH 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
18 30AAACI6561R2Z9 GOA 100.0 % 0.0 % 0.0 %
(6/6) (0/6) (0/6)
19 30AAACI6561R3Z8 GOA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
20 05AAACI6561R1Z3 UTTARAKHAND 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
21 18AAACI6561R1ZW ASSAM 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
22 19AAACI6561R4ZR WEST BENGAL 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
23 04AAACI6561R1Z5 CHANDIGARH 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
24 06AAACI6561R1Z1 HARYANA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
25 36AAACI6561R1ZY TELANGANA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
26 29AAACI6561R1ZT KARNATAKA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
27 32AAACI6561R1Z6 KERALA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
28 29AAACI6561R4ZQ KARNATAKA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
29 22AAACI6561R1Z7 CHHATTISGARH 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
30 34AAACI6561R1Z2 PONDICHERRY 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
Sr. No GSTIN State % On Time % Delays % Defaults Status
31 06AAACI6561R2Z0 HARYANA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
32 21AAACI6561R1Z9 ORISSA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
33 19AAACI6561R3ZS WEST BENGAL 100.0 % 0.0 % 0.0 %
(6/6) (0/6) (0/6)
34 23AAACI6561R2Z4 MADHYA PRADESH 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
35 27AAACI6561R1ZX MAHARASHTRA 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
36 10AAACI6561R1ZC BIHAR 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
37 01AAACI6561R1ZB JAMMU KASHMIR 100.0 % 0.0 % 0.0 %
(18/18) (0/18) (0/18)
Establishment Code: PYKRP0019273000 Column_1 Column_2 Column_3
Establishment State: KARNATAKA
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
June 24 432 45.83
July 24 434 59.84
August 24 437 51.56
September 24 434 49.98
October 24 429 47.52
Establishment Code: PYKRP0019273000
--- --- --- ---
Establishment State: KARNATAKA
Month Headcount as per EPF data month on month EPF amount paid
November 24 - -
Establishment Code: MPBPL0012060000 Column_1 Column_2 Column_3 Column_4
Establishment State: MADHYA PRADESH
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
June 24 - -
July 24 - -
August 24 - -
September 24 - -
October 24 - -
November 24 - -
Establishment Code: WBCAL1351901000 Column_1 Column_2 Column_3
Establishment State: WEST BENGAL
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
June 24 105 1.93
July 24 72 2.04
August 24 77 2.13
September 24 76 1.91
October 24 74 2.07
November 24 - -
Establishment Code: WBHLO0043605000 Column_1 Column_2 Column_3
Establishment State: WEST BENGAL
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
June 24 66 4.85
July 24 66 4.78
August 24 64 4.88
September 24 64 4.77
October 24 64 4.56
November 24 62 4.52
Establishment Code: WBCAL0016463000 Column_1 Column_2 Column_3
Establishment State: WEST BENGAL
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
June 24 1174 141.25
July 24 1209 142.61
August 24 1210 147.02
September 24 1211 144.11
October 24 1192 143.51
November 24 - -
Establishment Code: PYBOM1954405000 Column_1 Column_2 Column_3 Column_4
Establishment State: KARNATAKA
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
June 24 129 12.85
July 24 132 13.94
August 24 132 13.59
Establishment Code: PYBOM1954405000
--- --- --- ---
Establishment State: KARNATAKA
Month Headcount as per EPF data month on month EPF amount paid Payment
Status
September 24 132 13.35
October 24 130 13.39
November 24 131 13.47
Financial Year Filing Type Filing Status
2024 AOC-4
MGT-7
ADT-1
AOC-4
2023 MGT-7
ADT-1
AOC-4
2022 MGT-7
ADT-1
Risk Parameters Analyst Observations
Insolvency Risk Since there are No hits identified against the target in DRT, NCLT or NCLAT, in the last
5 years, we have classified it as No Visible Risk.
Litigiousness Since the entity has filed 30 cases against any party in the last 5 years, we have classified the parameter as Critical Risk.
Criminal Background Since there are No criminal cases filed against the target in the last 5 years, we have
classified the parameter as No Visible Risk.
Cases Against Target Since there are 10 cases identified against the Target in the last 5 years, we have
classified it as Critical Risk.
Tax Litigations Since there are No cases identified against the target under CESTAT, ITAT, ATFP, in the
last 5 years, we have classified it as No Visible Risk.
Category Observation/Comments Status
Supreme Court 2 litigations with perfect match against the
target
High Courts 5 litigations with perfect match against the
target
Insolvency and Bankruptcy Checks 2 litigations with perfect match against the
target
Debt Recovery Proceedings No litigation against the target
Cheque Bounce Litigations No litigation against the target
Criminal Litigations No litigation against the target
Category Observation/Comments Status
--- --- ---
Tax disputes No litigation against the target
Risk Parameters Analyst Observations
MCA Default Since there are No hits identified against the target under any of the lists of defaults
issued by the MCA, we have classified it as No Visible Risk.
Market Regulator Defaults Since there are No hits identified against the target under any unfavorable SEBI
mentions, in the last 5 years, we have categorized the parameter as No Visible Risk.
SFIO, CBI and Other Defaults Since there are No defaults identified against the target under SFIO, CCI and CBI in
the last 5 years, we classified as No Visible Risk.
Category Observation/Comments Status
Defaulters - Company List No record found
Defaulters - Vanishing Companies No record found
Defaulters - Dormant Companies No record found
Defaulting Directors No record found
Category Observation/Comments Status
SEBI Enforcement Orders No record found
Category Observation/Comments Status
--- --- ---
SEBI Un-served Summons / Notices No record found
SEBI Debarred List No record found
Category Observation/Comments Status
SFIO Convicted Directors Check No record found
SFIO Proclaimed Offenders Check No record found
CBI Notices Check No record found
CCI Order Check No record found
ATFP Check No dispute present
Risk Parameters Analyst Observations
Trade Restrictions and Since there were No hits found against the party across international sanctions check,
Sanctions we have classified it as No Visible Risk.
Political Exposure Of Target Since there were No hits found against the party across various PEP lists, we
classified it as No Visible Risk.
Category Observation/Comments Status
List of Foreign Sanctions No record found
Category Observation/Comments Status
Member/Ex-Member of Rajya Sabha No record found
Member/Ex-Member of Lok Sabha No record found
Member/Ex-Member of State Assembly No record found
Risk Parameters Analyst Observations
Legal Cases Against Since there are No legal cases identified against the Connected Parties in the last 5
Connected Parties years, we have classified it as No Visible Risk.
Regulator Defaults Against Since there are No defaults identified against the Connected Parties under SEBI, MCA,
Connected Parties SFIO, CCI and CBI, in the last 5 years. We have classified the parameter as No Visible
Risk.
Trade Restrictions Since there were No hits found against the Connected parties across international
Connected Parties sanctions check, we have classified it as No Visible Risk.
Political Exposure Of Since there were No hits found against the parties across PEP lists, we classified the
Connected Parties parameter as No Visible Risk
Category Observation/Comments Status
Supreme Court No litigation against the CPs
High Courts No litigation against the CPs
Insolvency and Bankruptcy Checks No litigation against the CPs
Debt Recovery Proceedings No litigation against the CPs
Cheque Bounce Litigations No litigation against the CPs
National Consumer Disputes Redressal No dispute found
Commission
Category Observation/Comments Status
Criminal Litigations No litigation against the CPs
Tax disputes No litigation against the CPs
Category Observation/Comments Status
Defaulting Directors No record found
SEBI Enforcement Orders No record found
SEBI Un-served Summons / Notices No record found
SEBI Debarred List No record found
CIBIL Defaulter Suit Filed (NPA) for economic defaults No record found against the CPs
more than 25L
CIBIL Wilful Defaulter Suit Filed for economic defaults No record found against the CPs
more than 25L INR
ATFP Check No record found
Category Observation/Comments Status
List of Foreign Sanctions No record found
Column_0
Category
---
Member/Ex-Member of Lok Sabha
Member/Ex-Member of State Assembly
Risk Parameters Analyst Observations
Adverse Media Since there are 8 negative signals found against the Target as per our Media Research,
we have classified the parameter as Critical Risk.
Customer Complaints Since there are 1 hits under NCDRC cases filed against the target, we have classified it as Moderate Risk.
Category Observation/Comments Status
Financial Challenges 7 adverse media found
KMP departures No adverse media found
External Challenges (Competitors) 1 adverse media found
Legal and Regulatory Issues No adverse media found
Other Adverse Media Topics No adverse media found
Category Observation/Comments Status
National Consumer Disputes Redressal Commission No dispute found
Promoters and Entity Id Father's Aliases Detailed Relation Chain with Target
Connected Parties Type Name Considered Party
GULAB ashok 1) Ashok Bhandari is Director of IFB
ASHOK Director DIRECTOR-D BHANDA bhandari INDUSTRIES LTD
BHANDARI . IN-12210 RI SINGH ashok
bhandari
1) Amar Singh Negi is Director of IFB
AMAR SINGH DIRECTOR-D CHANDE amar singh INDUSTRIES LTD
NEGI Director IN-8941850 R SINGH negi 2) Amar Singh Negi is Share Holder of
NEGI
IFB INDUSTRIES LTD
DIRECTOR-D PRAN biswadip 1) Biswadip Gupta is Director of IFB
BISWADIP GUPTA Director IN-48258 KRISHNA gupta INDUSTRIES LTD
GUPTA
AJAY 1) Sudip Banerjee is Director of IFB
SUDIP BANERJEE Director DIRECTOR-D KUMAR sudip INDUSTRIES LTD
IN-5245757 BANERJE banerjee
E
RAM 1) Desh Raj Dogra is Director of IFB
DESH RAJ DOGRA Director DIRECTOR-D IN-226775 DITTA desh raj dogra INDUSTRIES LTD
DOGRA
BALARA 1) Sangeeta Sumesh is Director of IFB
SANGEETA Director DIRECTOR-D MAN sangeeta INDUSTRIES LTD
SUMESH IN-7080379 SANKAR sumesh
AN
Promoters and Entity Id Father's Aliases Detailed Relation Chain with Target
--- --- --- --- --- ---
Connected Parties Type Name Considered Party
RANJIT 1) Rahul Choudhuri is Director of IFB
RAHUL Director DIRECTOR-D KUMAR rahul INDUSTRIES LTD
CHOUDHURI IN-6817748 CHOUDH URI choudhuri
1) Bikramjit Nag is Director of IFB
BIKRAMJIT NAG Director DIRECTOR-D BIJON INDUSTRIES LTD
IN-827155 NAG bikramjit nag 2) Bikramjit Nag is Share Holder of IFB
INDUSTRIES LTD
PATHINA 1) Chacko Joseph is Director of IFB
CHACKO JOSEPH Director DIRECTOR-D NCHIL chacko joseph INDUSTRIES LTD
IN-7528693 CHACKO
JOSEPH
COLLEGA 1) Collegal Srinivasan Govindaraj is
COLLEGAL L collegal Director of IFB INDUSTRIES LTD
SRINIVASAN Director DIRECTOR-D GOVIND srinivasan
IN-10149022 ASWAMI
GOVINDARAJ SRINIVAS govindaraj
AN
PANAMANNA P V panamanna 1) Panamanna Hariharan Narayanan is
HARIHARAN Director DIRECTOR-D IN-10158148 HARIHAR hariharan Director of IFB INDUSTRIES LTD
NARAYANAN AN narayanan
1) Rajshankar Ray is Share Holder of IFB INDUSTRIES LTD
DIRECTOR-D HEM
RAJSHANKAR RAY Director IN-3498696 SHANKA R RAY rajshankar ray 2) Rajshankar Ray is Director of IFB
INDUSTRIES LTD
RATHINDRA DIRECTOR-D GOPAL rathindra nath 1) Rathindra Nath Mitra is Director of IFB
NATH MITRA Director IN-1071347 CHANDR mitra INDUSTRIES LTD
A MITRA
Element Name 2019 - 2020 2020 - 2021 2021 - 2022 2022 - 2023 2023 - 2024
Share Capital 4,128.0 4,128.0 4,128.0 4,128.0
Reserves and Surplus 60,536.0 65,460.0 60,698.0 62,619.0
Shareholders Funds 64,664.0 69,588.0 64,826.0 66,747.0
Long Term Borrowings 25,372.0 17,156.0 11,467.0 6,365.0
Deferred Tax Liabilities
Net 1,129.0 2,676.0 0.0 1,557.0
Other Long Term
Liabilities 1,669.0 2,562.0 1,939.0 3,034.0
Long Term Provisions 6,551.0 5,912.0 5,098.0 5,157.0
Noncurrent Liabilities 39,160.0 32,245.0 30,276.0 30,036.0
Short Term Borrowings 3,515.0 2,664.0 12,394.0 14,044.0
Trade Payables 47,313.0 65,547.0 81,199.0 83,033.0
Other Current Liabilities 7,330.0 11,054.0 9,496.0 11,217.0
Short Term Provisions 428.0 607.0 899.0 982.0
Current Liabilities 62,643.0 87,308.0 1,07,944.0 1,13,896.0
Equity and Liabilities 1,66,467.0 1,89,141.0 2,03,046.0 2,10,679.0
Tangible Assets 55,954.0 59,658.0 64,888.0 65,305.0
Intangible Assets 4,114.0 3,338.0 2,908.0 2,164.0
Capital Work in Progress 887.0 1,883.0 1,185.0 1,234.0
Intangible Assets Under
Development 96.0 232.0 328.0 854.0
Fixed Assets 55,954.0 59,658.0 64,888.0 65,305.0
Element Name 2019 - 2020 2020 - 2021 2021 - 2022 2022 - 2023 2023 - 2024
--- --- --- --- --- ---
Noncurrent Investments 0.0 225.0 225.0 9,684.0
Deferred Tax Assets Net 205.0 0.0
Long Term Loans and
Advances 55.0 51.0 61.0 55.0
Other Noncurrent Assets 6,295.0 1,238.0 3,166.0 2,975.0
Noncurrent Assets 72,190.0 70,769.0 76,624.0 86,254.0
Current Investments 15,280.0 25,822.0 22,722.0 8,915.0
Inventories 38,338.0 46,228.0 57,682.0 57,309.0
Trade Receivables 31,218.0 41,522.0
Cash and Cash
Equivalents 10,487.0 9,829.0 7,035.0 7,602.0
Short Term Loans and
Advances 55.0 53.0 60.0 56.0
Other Current Assets 7,204.0 6,471.0 5,103.0 5,958.0
Current Assets 94,277.0 1,18,372.0 1,26,422.0 1,24,425.0
Assets 1,66,467.0 1,89,141.0 2,03,046.0 2,10,679.0
Total Debt 28,887.0 19,820.0 23,861.0 20,409.0
Net Debt 18,400.0 9,991.0 16,826.0 12,807.0
Element Name 2019 - 2020 2020 - 2021 2021 - 2022 2022 - 2023 2023 - 2024
Revenue from Operations 2,63,697.0 2,80,080.0 3,41,538.0 4,19,499.0
Other Income 1,250.0 2,236.0 1,809.0 2,275.0
Revenue 2,64,947.0 2,82,316.0 3,43,347.0 4,21,774.0
Cost of Materials Consumed 1,03,621.0 1,23,639.0 1,72,020.0 2,19,950.0
Purchases of Stock in Trade 39,208.0 35,129.0 40,931.0 39,385.0
Element Name 2019 - 2020 2020 - 2021 2021 - 2022 2022 - 2023 2023 - 2024
--- --- --- --- --- ---
Changes in Inventories of
Finished Goods, Work in Progress and Stock in 6,544.0 -2,307.0 -6,707.0 -3,515.0
Trade
Employee Benefit Expense 29,888.0 30,693.0 37,236.0 40,507.0
Managerial Remuneration 0.0 0.0 0.0 0.0
Power and Fuel 3,192.0 3,252.0 3,848.0 4,403.0
Finance Costs 1,609.0 3,091.0 3,176.0 2,944.0
Depreciation, Depletion and Amortisation Expense 9,195.0 10,242.0 11,545.0 12,150.0
Other Expenses 72,355.0 71,938.0 92,512.0 1,06,894.0
Expenses 2,62,420.0 2,72,425.0 3,50,713.0 4,18,315.0
Exceptional Items 148.0 0.0 0.0 0.0
Profit Before Extraordinary Items and Tax 2,527.0 9,891.0 -7,366.0 3,459.0
Profit Before Tax 2,675.0 9,891.0 -7,366.0 3,459.0
Current Tax 178.0 3,763.0 -,340.0 34.0
Deferred Tax -80.0 -,283.0 -2,210.0 1,690.0
Tax Expense 98.0 3,480.0 -2,550.0 1,724.0
Profit Loss for Period from Continuing Operations 2,577.0 6,411.0 -4,816.0 1,735.0
Profit Loss for Period 2,577.0 6,411.0 -4,816.0 1,494.0
Basic Earning Per Equity Share* 0.0 0.0 -0.0 0.0
Diluted Earnings Per Equity Share* 0.0 0.0 -0.0 0.0
EBIT 4,284.0 12,982.0 -4,190.0 6,403.0
EBITDA 13,479.0 23,224.0 7,355.0 18,553.0
Gross Profit 1,61,326.0 1,58,677.0 1,71,327.0 2,01,824.0
Other Income 1,250.0 2,236.0 1,809.0 2,275.0
Element Name 2019 - 2020 2020 - 2021 2021 - 2022 2022 - 2023 2023 - 2024
Cash Flows from Used in Operating Activities 18,448.0 29,192.0 5,056.0 10,553.0
Cash Flows from Used in Investing Activities -,37,409.0 -,18,663.0 -2,724.0 -,604.0
Interest Paid (Classified Financing Activities) 1,806.0 1,434.0
Cash Flows from Used in Financing Activities 22,255.0 -,11,177.0 -5,145.0 -9,414.0
Cash and Cash Equivalents End of Year 10,487.0 9,829.0 7,035.0 7,602.0
Net Increase/Decrease in Cash and Cash 3,323.0 -,658.0 -2,794.0 567.0
Equivalents
Category Observation/Comments Status
CESTAT No dispute present
Income Tax Appellate Tribunal No dispute present