Mobile Nav

Market

NOTES TO ACCOUNTS

Ram Info Ltd.

You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (₹) 22.86 Cr. P/BV 1.55 Book Value (₹) 21.91
52 Week High/Low (₹) 52/30 FV/ML 10/1 P/E(X) 12.90
Bookclosure 27/06/2019 EPS (₹) 2.64 Div Yield (%) 0.00
Year End :2018-03 

1.0 CORPORATE INFORMATION:

RAMINFO Limited ("The Company) was incorporated on 20-05-1994 and the CIN being L72200TG1194PLC017598. The company is engaged in the business of IT enabled services/Software development.

Explanation of Key components:

a) Remeasurement cost of net defined benefit liability: The remeasurement cost arising primarily due to change in actuarial assumptions has been recognised in Other Comprehensive Income (OCI) under Ind AS compare to Statement of Profit and Loss under previous GAAP.

b) Amortised cost for Financial Assets and Financial Liabilities: The Company has valued certain Financial Assets and Financial Liabilities at amortised cost. Impact as on transition date is recognised in opening reserves and changes thereafter are recognised in Statement of Profit and Loss.

There were no significant reconciliation items between cash flows prepared under Indian GAAP and those under Indian AS.

HDFC Loan: Vehicle loan from HDFC bank is secured against hypothecation of Vehicle.

Overdraft - Punjab National Bank: Primary Security is hypothecation of Book Debts of the company, both present and future. This facility is guaranteed by RRAS Technologies Pvt Ltd (Promoter Company), Managing Director of the Company and his relative. This facility is also secured by the immovable properties of other parties.

c. Terms/rights attached to equity shares

The Company has only one class of equity shares having a par value of Rs.10/- per share. Voting right is upon show of hands, every member is entitled to one vote only irrespective of number of shares such member is holding and upon a poll, each holder of equity shares is entitled to one vote per share. In event of liquidation of the company,the holders of equity shares will be entitled to receive remaining assets of the company, after distribution of all the preferential liabilities. The distribution will be in proportion to the number of equity shares held by the share holders.

Previous year figure are regrouped / reclassified wherever necessary to correspond with the current years classification / disclosure

The accompanying notes are an integral part of the Standalone financial statements.

Attention Investors :
Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .......... Issued in the interest of investors
Attention Investors :
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day......................issued in the interest of investors.
Attention Investors :
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
Attention Investors :
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
“Investment in securities market are subject to market risks, read all the related documents carefully before investing”.