Disclaimer
CARE Due Diligence Services (CDDS) reports are prepared by SME division of Credit Analysis & Research Limited CARE Ratings has taken utmost
care to ensure accuracy and objectivity while developing this report based on information available from banks, clients and secondary sources.
However, neither the accuracy nor completeness of information contained in this report is guaranteed. Any opinion expressed is also not a
recommendation to buy, sell or hold an instrument or to take any lending exposure/investment decision.
CARE Ratings is not responsible for any errors or omissions in analysis/inferences/views or for results obtained from the use of information
contained in this report and especially states that CARE Ratings has no financial liability whatsoever to the user of this report. This report is for the
information of the intended recipients only and no part of this report may be published or reproduced in any form or manner without prior written
permission of CARE Ratings.
CORPORATE OFFICE
MUMBAI
Credit Analysis & Research Ltd.
CARE
4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off Eastern Express Highway, Sion (East), Mumbai - 400 022.
Tel.: +91-22-6754 3456, Fax: +91-22- 6754 3457, E-mail: care@careratings.com
Due Diligence
Services
Other Office:
503, Kaledonia, Sahar Road, Near Andheri Railway Station, Andheri (E), Mumbai - 400 069.
Tel.: +91-22-6144 3456; Fax: +91-22-6144 3556
For more information, please contact the following:
Prashant Borole - National Business Development Head – SME
E-mail: prashant.borole@careratings.com
Mobile : +91-9967360636
REGIONAL OFFICE
BENGALURU
Vikas P.
Unit No.1101-1102, 11th Floor,
Prestige Meridian 2, No. 30,
M .G. Road, Bangalore - 560 001.
Tel: +91-80-4115 0455 / 4165 4529
Telefax: +91-80-4151 4599
Email: vikas.p@careratings.com
CHANDIGARH
Sajan Goyal
2nd Floor, S.C.O. 196-197,
Sector 34-A, Chandigarh - 160 022.
Tel: +91-172-5171 100 / 09
Email: sajan.goyal@careratings.com
CHENNAI
Prashant Borole
Unit No. O-509/C, Spencer Plaza,
5th Floor, No. 769, Anna Salai,
Chennai - 600 002.
Tel : +91-44-2849 7812 / 2849 0811
Fax: +91-44-28490876
Mobile:+91-9967360636
E-mail: prashant.borole@careratings.com
HYDERABAD
Aakash Jain
401, Ashoka Scintilla, 3-6-520,
Himayat Nagar, Hyderabad - 500 029.
Tel: +91-40-4010 2030,
Fax: +91-40-4002 0131
Email: aakash.jain@careratings.com
JAIPUR
Rahul Jain
304, Pashupati Akshat Heights,
Plot No. D-91, Madho Singh Road,
Near Collectorate Circle,
Bani Park, Jaipur - 302 016.
Tel: +91-141-4020 213 / 14
Email: rahul.jain@careratings.com
KOLKATA
Prashant Borole
3rd Floor, Prasad Chambers,
(Shagun Mall Bldg), 10A, Shakespeare
Sarani, Kolkata - 700 071.
Tel: +91-33- 4018 1600 / 02,
Fax: +91-33-4018 1603
Mobile:+91-9967360636
E-mail: prashant.borole@careratings.com
MUMBAI
Avinash Chandra
503, Kaledonia, Sahar Road, Near Andheri
Railway Stn., Andheri (E), Mumbai 400 069.
Tel.: +91-22-6144 3456
Tel.: +91-22-6144 3400 (Direct),
Fax: +91-22- 6144 3556
Email: avinash.chandra@careratings.com
NEW DELHI
Munish Dhawan
13th Floor, E-1 Block, Videocon Tower,
Jhandewalan Extension,
New Delhi - 110055
Tel: +91-11-4533 3200
Tel: +91-11-4533 3298 (Direct)
Fax: +91-11-4533 3238
Email: munish.dhawan@careratings.com
PUNE
Rahul Nigam
9th Floor, Pride Kumar Senate,
Plot No. 970, Bhamburda,
Senapati Bapat Road, Shivaji Nagar,
Pune - 411 015.
Tel:+91-20-4000 9000
Tel:+91-20-4000 9052 (Direct)
Email: rahul.nigam@careratings.com
REPUBLIC of MALDIVES
4th Floor, CHAMPA Center Point,
Chandhanee Magu, Male’
Republic of Maldives.
Tel:+960-3330560 / +9603330561
Mobile: +960-990 9981 / +960 7958107
Fax: +960-3330562
CIN # L67190MH1993PLC071691
AHMEDABAD
Anand Jha
32, Titanium, Prahaladnagar Corporate
Road, Satellite, Ahmedabad - 380 015.
Tel: +91-79-4026 5656,
Fax: +91-79-4026 5657
Email: anand.jha@careratings.com
www.careratings.com
Why CARE Due Diligence Services (CDDS)?
Benefits of CDDS:
A well informed lending/investment decision within a short time is a challenging task.
It requires both analytical expertise and also independently verified data and business credentials.
CDDS provides clients with systematic and detailed evaluation of profile of the entity enabling
stakeholders make well informed decisions.
• Quick Analysis of the prospective client
• Document Verification & Site Visit
Banker
s
e
at
or
p
or
• Enhances faster processing of cases
• Facilitates credible and authentic presentation of
your business and organizational profile.
• Helps in understanding strengths and weaknesses.
C
Due Diligence Process
Request Letter
Banker/Client
CARE
Counter
parties
• Independent verification of business credentials of
prospective business partner.
• SWOT Analysis
Assigns Team
Documents required to be checked out:
Seeks Information
Submits Information
1. Bank sanction letter & contact details
2. Bank statement
3. Customer and supplier invoices
Independent Verification
Site Vist
Management meets
Other chekcs
4. Last three years audit report and/ or projections.
5. Information Sheet in the CARE Format
6. Authority letter for due diligence
7. Registration number related documents
Submit Report
8. MOA & AOA / partnership deed
9. Product brochure
10. Photocopy of PAN
Role of CDDS:
CARE's Due Diligence Service is a customized solution for an Independent Verification of customer profile.
It can cover document verification, specified interactions and site visit.
The report can cover following contents:
o
Ownership pattern/promoter profile
o
Organizational structure, controls and systems
o
Key Managerial personnel
CDDS is
a. Independent & Credible
Evaluation of Profile.
b. Presentation of Information in
desired format
c. Verification of details of clients.
d. Helpful in Investment/Lending
decisions.
o
Business profile
o
Demand-supply analysis for the industry
o
Past financial analysis based on audited results
o
Current and proposed bank facilities
o
Debt servicing track record with banks
o
Group companies and firms
o
Third party checks like Customers, Suppliers, Auditor & Banker's feedback etc.
CDDS is not a. Credit Risk Assessment.
b. Forensic Audit
c. An Alternative to Lender's
evaluation
d. A Recommendation for
Lending / Investment Exposure.