OUR INTERNATIONAL PARTNERS

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 REPORT- P.P.I MACHINES
Report Delivered Date: October 17, 2024 Currency: Indian Rupee (INR)
Today’s Exchange Rate: INR 1 = 0.012008

REPORT AT A GLANCE
BASIC INFORMATION
Company Name P.P.I MACHINES
Address B-45-46, R.K Road, Sherpur Khurd, Textile Colony, Ludhiana,
Ludhiana, 141003, Punjab
Legal Form Partnership Firm
Year of Establishment 2017

BRIEF OPERATION NATURE

Nature of Industry Machinery
Business Category Manufacturing / Wholesaler / Trader / Exporter
Product Descriptions Rolling Mill Machinery, Shearing Machines, Allied Accessories,
Industrial Gears Etc.
Number of Employees Approx. 50

FINANCIAL SUMMARY(APPROX.)
Turnover (March, 2023) INR 50 Million

Proprietorship/Partnership firm in India are not required to make any public disclosure of their annual financials or file it with the registry
(relevant authority). Therefore, no financials are available for the subject with the registry.
It is advisable to seek copies of Audited Financial Statements or Returns submitted with the fiscal authorities from the subject before
extending any facility.

RATINGS / RISK INDEX / PAYMENT TREND / SCORES

Credit Rating Credit Recommendation

57 Secure Credit

Risk: Medium Payment Trend : Normal

SUMMARIZED COMMENTS
Business Dealings subject to taking normal precaution are recommended.

DETAILED REPORT
INQUIRY DETAILS
Ordered Date October 17, 2024
Enquired Details Investigation Details
Name P.P.I MACHINES Same as Enquired
Address Incomplete Registered Office / Plant
45-B Textile Colony, Sherpur Khurd Ludhiana 141010, India
Address

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 COMPANY IDENTIFICATION DETAILS
Correct Name of Company : P.P.I MACHINES
Registered Office : B-45-46, R.K Road, Sherpur Khurd, Textile Colony, Ludhiana,
Ludhiana, 141003, Punjab
City/ Province : Punjab
Contact Person : Mr. Ivjot Singh (Partner)
Mobile Number : +91 9815942323
+91 9815902323
+91 9814023187
Telephone : N/A
Fax : N/A
Email Address : [email protected]
www.ppimachines.com
Website :
www.hotbilletshearing.com

WEBSITE DETAILS
www.ppimachines.com
Website :
www.hotbilletshearing.com
Status : Normal-Operational
Country of Registration : India
Ownership Type : Registered ownership by Subject Business Entity

OFFICIAL COMPANY DATA

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Legal Form : Partnership Firm
Year of Establishment : 2017
Number of Employees : 50
License Status : License exists-Normal
Operational Status of Business : Normal
Financial Types : N/A
Company Status : Active

OTHER LICENSES DETAILS

Issuing Authority : Income Tax Department
License Name : Permanent Account No (PAN)
License Number : AAOFP7829E

Issuing Authority : Central Board of Indirect Taxes and Customs

License Name : Goods and Services Tax (GST)
License Number : 03AAOFP7829E1Z2
License Date : July 01, 2017

Issuing Authority : Directorate General Of Foreign Trade

License Name : Import Export Code (IEC)
License Number : AAOFP7829E

REGULATORY CHECKS STATUS

Reserve Bank of India (RBI) : Nil as per Public Records
Central Bureau of Investigation (CBI) : Nil as per Public Records
Securities and Exchange Board of India (SEBI) : Nil as per Public Records
Debt Recovery Tribunals (DRT) : Nil as per Public Records
BIFR Status : Nil as per Public Records
Corruption/ Money Laundering / Terrorism Activities : Nil as per Public Records
TransUnion CIBIL Limited : Nil as per Public Records
National Company Law Tribunal (NCLT) : Nil as per Public Records

Note: Nil entries imply that no information / record is found in respect of the subject.

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 NATURE OF BUSINESS
Business Activity : To carry on the business as a manufacturing, wholesaler, trader &
exporter of machinery products.
Product Descriptions : Rolling Mill Machinery, Shearing Machines, Allied Accessories,
Industrial Gears Etc.

BANKS & NON-BANKING FINANCIAL INSTITUTIONS

Bankers & Non-Banking Financial Institutions : ICICI BANK LIMITED

KEY EXECUTIVES / MANAGEMENT TEAM

Name : Mr. Ivjot Singh
Designation : Partner
+91 9815942323
Contact No. : +91 9815902323
+91 9814023187

Name : Mr. Prabhjot Singh

Designation : Partner

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 SHAREHOLDING PATTERN
Description % Share Holding
Mr. Ivjot Singh, Mr. Prabhjot Singh 100 %

SHAREHOLDING CONTRIBUTION AS ON
Contributor Name % Contribution

Individuals/Hindu undivided Family 100.00

Total 100

OTHER COMPANY DETAILS

Office Location : Industrial Area
Number of Employees : Approx. 50
Purchasing Terms Domestic : Cash on delivery (COD), Letter of credit (L/C), Documents against Payments (D/P),
Demand on Draft (D/D), Real- time gross settlement (RTGS).

Selling Terms Domestic : Cash on delivery (COD), Letter of credit (L/C), Documents against Payments (D/P),
Demand on Draft (D/D), Real- time gross settlement (RTGS).
Selling Terms International : Letter of Credit (At-sight) Telegraphic Transfer (T/T) - Received at time of
transaction.
Exports are Made to : Bangladesh,

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 FINANCIAL HIGHLIGHTS (APPROX.)
(INR in Million)
Particulars March 31, 2023
Turnover 50.00

Proprietorship/Partnership firm in India are not required to make any public disclosure of their annual financials or file it with the registry
(relevant authority). Therefore, no financials are available for the subject with the registry. However, above mentioned financials ware
obtained from other source for reference purposes only.
It is advisable to seek copies of Audited Financial Statements or Returns submitted with the fiscal authorities from the subject before
extending any facility.

REPUTATION
P.P.I MACHINES maintains a satisfactory reputation in the local market.

INTERVIEW DETAILS
Our representative conducted an interview of Ivjot Singh (Partner), who reconfirmed the data/ information provided in the report.

The data/ information gathered from various sources including but not limited to Registry search wherever possible, interview etc. should be
used as points for reference only.

RATING BY CREDIT RATING AGENCIES

No record found as not rated by Credit Rating Agencies.

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 PAYMENT RECORDS / HABITS
Payment Trend: Normal

Indicator in Poor Zone (P): Poor

Stricter (preferably secured) payment terms and close supervision of the account recommended.

Indicator in Normal Zone (N): Normal

Generally adheres to payment schedule but needs reminders for payment.

Indicator in Good Zone (G): Good

Will need follow up from time to time

Indicator in Strong Zone (S): Strong

Likely to adhere to payment Schedule on its own.

The payment behavior gauge indicates how fast the subject may pay its creditors based on information provided to MNS from its trade
payment programme, county courts and financial statements

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 COMPETITORS
Name of Competitors : DALJIT EXPORTS

CREDIT EVALUATION
Payment Trend: Normal

Risk: Medium

Rating: SATISFACTORY
Points Allocated: 57

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 CREDIT RATING EXPLANATION
MNS, after analysis of following key parameters, has assigned Medium under Risk Category and 57/100, (SATISFACTORY) under Credit Rating
category.

Key Parameters:
1 Financial Status covering various ratios, particularly liquidity ratios
2 Turnover / Profitability / Cash Flows / Cash Profit
3 Assets- Nature, Class & Quality
4 Liabilities- Nature & Class including Bank facilities
5 Promoters / Management Background
6 Operations Size
7 Payment Track Record
8 Litigations against the subject
9 Industry Scenario / Competitive Strength
10 Market Reputation / Perception

Risk Status
High 76-100
Medium 51-75
Normal 26-50
Low 0-25

Rating Status
AA
Excellent 76-100
A
Good 60-75
BB
Satisfactory 51-59
B
Average 26-50
C
Not Satisfactory 0-25
D
Newly Incorporated New Incorporation / Insufficient Data
E
Not Rated Rating Suspended

Rating Status -Explanation

AA-Excellent : Subject company is operating at efficient level with sound financial standing and other favourable factors;
therefore business dealings subject to taking normal precautions are absolutely safe and recommended.
A-Good : Subject company is operating satisfactorily with good financial standing and other parameters; therefore
business dealings of reasonable amount, subject to taking all precautions are safe and recommended.
BB-Satisfactory : Subject company is operating at reasonably satisfactory level with moderate financial standing and other
parameters; therefore business dealings subject to taking normal precautions are recommended.
B-Average : Subject company is operating at an average level with moderate financial standing and other parameters;
therefore it is recommended to have preferably normal business dealings.
C-Not Satisfactory : Subject company is not operating satisfactorily; therefore it is recommended to have only secured business
dealings against collateral security.
D-Newly Incorporated : Subject company has been recently established, therefore it is recommended to have secured business dealings
against collateral security, having proper mortgageability / realisability.
E-Not Rated : Rating Suspended
Dormant : Subject company is dormant; therefore it is recommended, not to have business dealings in the normal course
except when liquid securities are available or credit is under irrevocable letter of credit.

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Untraceable : Need additional information to locate and further investigate on the subject company.

Note: The credit rating status depends upon all parameters disclosed above, thereby explanation varies from case to case basis.

CREDIT RECOMMENDATION
Credit Limit: Secure Credit Limit

LITIGATION SEARCH (LAST 3 YEARS)

Supreme court of India
Status : Nil as per Public Records
Case No. : N.A
Petitioner : N.A
Filing Date : N.A
Category : N.A

High Court of Bombay:

Status : Nil as per Public Records

Case No. : N.A
Petitioner : N.A
Filing Date : N.A
Category : N.A

PRESS/MEDIA/NEWS

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Source From Status
Times of India Nil as per Public Records
Indian Express Nil as per Public Records
Ajit Nil as per Public Records
Rozana Spokesman Nil as per Public Records

INDUSTRY SCENARIO
India Machinery Industry is the core around which all the industrial manufacturing takes place in the country. The machinery industry in India
has amply demonstrated its potential in meeting the enormous demand of good both in the domestic as well as the international market. The
machinery industry in India forms the backbone of the manufacturing sector by supplying all the necessary equipment and machinery
required for production. Machinery of various types is required for production. Depending on the field in which they are used, machinery can
be large scale, medium scale or small scaled. India is one of the leading exporters of machines required for the steel industry, mining
equipment for the mining industry, and equipment for the fertilizer industry, cement industry, petrochemical manufacturing industry and
heavy engineering equipment. The agriculture machinery industry in India has helped immensely in increasing the productivity of land and
labor. Some of the machinery used in the agriculture industry consists of soil working equipment, tractors, power tillers and engines,
processing machinery, crop protection machinery, irrigation & drainage equipment machinery, milling equipment etc. There are government
schemes that provide loans to farmers to buy agriculture machinery to increase their yield. The tractor industry in India is one of the major
components of the agriculture machinery industry. More than 10 companies manufacture tractor vital agriculture machinery in India. The
textile machinery industry in India is the second largest in the world. Manufacturers are increasingly making use of sophisticated textile
machinery to produce the best goods and meet the increasing demand of the global market. Used textile machinery also has a pretty good
market share. In fact, some studies have suggested that the share for used textile machinery is about 20% of the total market for textile
machinery. The huge demands in Indian textile goods abroad have ensured that the use of textile machinery has increased considerably. The
construction sector is another sector that makes use of machinery on a very large scale to meet their industry demands. The government is
undertaking several developmental activities and as a result embarking on huge construction projects. More than $35 billion is earmarked for
road and highway construction projects of which 20% is for construction machinery. The real estate and housing sector also demands huge
investments for construction machinery to meet their targets. It is anticipated that through 2020 about $10 billion of construction machinery
will be required in the country. Major producers in India Machinery Industry include JCB India, Ashok Leyland, Voltas, Metso Minerals, Telco
Construction Equipment, Bharat Earthmovers, Atlas Copco (India), B G Shirke Construction Equipment, Terex Vectra Equipment Salgaocar
Engineers, Punjab Tractors, Volvo Construction Equipment India, Larsen & Toubro, Ingersoll Rand India, Caterpillar India, Escorts Construction
Equipment etc.

FOREX RATES (APPROX.)

US $ = INR 79.43 SG $ = INR 57.57
GBP = INR 95.99 AUD = INR 55.31
Euro = INR 80.93 CAD = INR 61.62

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DISCLAIMER & CONFIDENTIALITY:
This report is based on information / data collated from several sources which Trade Data Limited ( TradeData) considers reliable. Although a reasonable care has been taken to verify the data, TradeData is constrained in giving any warranty as to the availability,
accuracy, currency, completeness, correctness or reliability of the information made available and along with affiliates expressly disclaims all liability for any direct, indirect, special, incidental, exemplary or consequential damage or loss resulting from the use of,
or reliance on the information or the contents provided therein. The availability of any rating, score, credit limit and / or any other predictive indicator in the report does not constitute an audit of the subject entity and should not be treated as a recommendation or an
advice / endorsement / opinion by TradeData to enter into any transaction or follow any course of action. All decisions made by the user must be based solely on the user’s independent evaluation of the circumstances and objectives. All rights of this report reserved
by Trade Data Limited The information shall be held in strict confidence and shall never be reproduced, revealed or made accessible in whole or in part, in any manner whatsoever, without TradeData’s prior written consent.

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