MIRA
INFORM REPORT
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Report Date : |
16.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
SHANTI GEM (1982) LTD. |
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Registered Office : |
Mezzanine Suite, Noam Building, 52, Bezalel Street, Ramat Gan-52521 |
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Country : |
Israel |
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Date of Incorporation : |
1982 |
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Com. Reg. No.: |
51-091532-5 |
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Legal Form : |
Private Limited Liabilities Company |
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Line of Business : |
Diamond Dealers. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
NAME
SHANTI GEM
(1982) LTD.
ADDRESS
MEZZANINE SUITE,
NOAM BUILDING,
52, BEZALEL STREET,
RAMAT GAN-52521,
ISRAEL.
TELEPHONE : 03-5757136
FAX : 03-7521848
CAPTION ADDRESS
SERVES AS SUBJECT'S REGISTERED ADDRESS.
SUMMARY
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YEAR STARTED |
1982 |
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CORPORATE FORM |
PRIVATE LIMITED LIABILITIES COMPANY |
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TOTAL STAFF |
7 |
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SALES TURNOVER |
US$ 10,000,000. |
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FINANCIAL CONDITION |
NO NEGATIVE INFORMATION |
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OPERATING TREND |
NO NEGATIVE INFORMATION |
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BUSINESS RELATIONS |
REGARDED AS GOOD FOR THEIR NORMAL SIGNED TARDE COMMITMENTS |
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PAYMENT |
NO NEGATIVE INFORMATION |
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NOTHING DETRIMENTAL UNCOVERED |
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CREDIT RISK |
AVERAGE |
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CREDIT LIMIT |
SUGGEST SHIPMENTS AGAINST GUARANTEES WHEN LARGE SUMS
INVOLVED. |
LEGAL STATUS
PRIVATE LIMITED COMPANY INCORPORATED PER FILE NO. 51-091532-5 ON 01.02.1982.
SHAREHOLDERS
AZI KOMER DADA, INDIA - (75 ORDINARY SHARES)
SATI RAJSHARI, INDIA - (15 ORDINARY SHARES)
AMIT CHAND BOTRA, INDIA - (5 ORDINARY SHARES)
GOLCHAHA NIRAJ, INDIA - (5 ORDINARY SHARES)
DIRECTORS
AZI KOMER DADA, APPOINTED ON 31.03.1982
AMIT CHAND BOTRA, APPOINTED ON 30.06.1999
SATI RAJSHARI, APPOINTED ON 12.06.2004
MANAGEMENT
JOINT GENERAL MANAGER: SHABTAI LEDEREICH
JOINT GENERAL MANAGER: RAPHAEL MORSEL
BUSINESS ACTIVITIES
DIAMONDS
S.I.C.: 50.94.0102
DIAMOND DEALERS.
SUBJECT IS A MEMBER OF THE DIAMOND EXCHANGE.
PREMISES
BUSINESS IS CONDUCTED FROM PREMISES SITUATED AT CAPTION ADDRESS.
STAFF
7 EMPLOYEES.
SHARE CAPITAL
AUTHORISED: NIS 10.00 (CONVERTED FROM OLD ISRAELI SHEKELS)
COMPRISING: 100,000 ORDINARY SHARES @ NIS 0.0001 EACH
ISSUED : 100 SHARES (NIS 100.-)
NO CHANGES HAVE BEEN MADE IN SUBJECT'S SHARE CAPITAL SINCE ITS INCORPORATION.
PUBLIC RECORD INFORMATION
NO CHARGES HAVE BEEN REGISTERED AGAINST SUBJECT'S ASSETS AS COLLATERAL FOR LOANS SINCE ITS INCORPORATION.
FINANCIAL INFORMATION
SUBJECT AS A PRIVATE COMPANY DOES NOT PUBLISH BALANCE SHEET OR RELATED INFORMATION.
IT IS THE POLICY AND PRACTICE OF PARTIES ENGAGED IN THE DIAMOND TRADE TO PROVIDE ONLY VERY LIMITED INFORMATION CONCERNING THEIR BUSINESS OPERATIONS.
ANNUAL TURNOVER AMOUNTS TO US$ 10,000,000.
RECORDS
NOTHING DETRIMENTAL UNCOVERED.
BANKERS
ISRAEL DISCOUNT BANK LTD., 3 JABOTINSKY ROAD, RAMAT GAN (11-080)
RATING
EXPLANATIONS
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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. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
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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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)