MIRA
INFORM REPORT
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Report Date : |
31.03.2007 |
IDENTIFICATION
DETAILS
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Name : |
SHIWANGI TRADING CO., LTD. |
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Registered Office : |
# 202, Segi B/D., 81-9, Nonhyeon-dong,
Gangnam-gu, Seoul - 135-010 |
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Country : |
Korea |
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Date of Incorporation : |
02/27/1998 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
Wholesales of Stones and Jewelry |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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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Status : |
Small Company |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
Basic
|
Company
Name |
SHIWANGI
TRADING CO., LTD. |
|
Registered Address |
81-9, Nonhyeon-dong, Gangnam-gu, Seoul, Korea |
|
Building |
#202, Segi B/D., |
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Zip Code |
135-010 |
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Tel |
+82-2-540-3690 |
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Fax |
+82-2-545-0952 |
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Trading Address |
#202, Segi B/D.,81-9, Nonhyeon-dong,
Gangnam-gu, Seoul, Korea |
|
Tel |
+82-2-540-3690 |
|
Fax |
+82-2-545-0952 |
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Type |
Import/Export |
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Industry |
Wholesales of Stones and Jewelry |
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Main Business |
Marbles & Jewelry |
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Sub Business |
Electronic parts, Chemicals, Textiles, and
General commodities for life |
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Established (mm/dd/yyyy) |
02/27/1998 |
The subject occupies the premises of the
registered address.
Detailed Products
|
Activity |
Detailed Products (UNSPSC) |
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Sell |
Marbles |
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Sell |
Jewelry |
CEO’s
|
Name |
Rajendra Jhalani |
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Address |
100, Kkarasta, Varzar Jaranion Kyshanpole
Zaipur, India |
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Date of Birth |
11/18/1969 |
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Title |
President & CEO |
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Sex |
Male |
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Nationality |
India |
Profiles
|
Capital |
100,000,000 KRW |
|
Employees |
3 |
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Formation |
Co., Ltd by shares |
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Bank Details |
Korea Exchange Bank Nonhyun Dong Branch |
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Corporate Registered No. |
110111-1517543 |
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Business Registered No. |
211-86-27675 |
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Permit & Licenses |
N/A |
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Shareholder Position |
Rajendra Jhalani has 100.0% shares. |
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Company History |
02/27/1998 Established 04/04/2003 Increased capital to
100,000,000 KRW from 50,000,000 KRW 07/29/2003 Moved to the present address from
Ohsung B/D., 82-15, Nonhyeon-dong, Gangnam-gu, Seoul, Korea |
We contacted the subject and talked with a
woman, however she did not want to open their information. The company name we
have received, SHACCI SYSTEM CO LTD., is not the right name, but it is SHIWANGI TRADING
CO., LTD.
Management
|
Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Day |
|
President & CEO |
Mr. |
Rajendra Jhalani |
Male |
India |
02/27/1998 |
|
Director |
Mr. |
Dineshi Sharmar |
Male |
India |
02/27/1998 |
|
Director |
Mr. |
Sanjiv Kumalkupta |
Male |
India |
06/24/1998 |
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Director |
Mr. |
Amit Kumalkupta |
Male |
India |
02/27/2001 |
|
Auditor |
M/S. |
Sohn Jeong-Hwa |
Female |
Korean |
02/27/1998 |
Financials
The financial is not available.
Financial Description
Unit: KRW
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Authorized
Capital |
200,000,000 |
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Paid-Up
Capital |
100,000,000 |
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Total Issues Shares |
20,000 |
Sales by Region (Activity
& Markets)
The Subject deals with the companies in India.
Court Action
Not Available.
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>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 |
|
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 |
|
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%)