MIRA
INFORM REPORT
|
Report Date : |
03.07.2008 |
IDENTIFICATION
DETAILS
|
Name : |
VISA
MINMETAL AG |
|
|
|
|
Registered Office : |
Aegeristrasse 48 6300
Zug/ZG |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
10.08.2004 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Full-Play Holding Company The latter is involved in the holding of interests in national and international companies |
RATING &
COMMENTS
|
MIRA’s Rating : |
B |
|
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. |
Small |
|
Maximum Credit Limit : |
EUR 50.000 |
|
|
|
|
Status : |
Small Company |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
Name of the company
Visa Minmetal
AG
Line of Business
Holding,
Beteiligungen
Legal domicile
Aegeristrasse
48
6300 Zug/ZG
Switzerland
Telephone: 041 7277000
Fax: 041 7277005
|
overall
assessment: |
300 |
|
|
|
Business connections are
permissible. |
|
|
detail
assessment: |
payments: |
|
|
|
No complaints |
|
|
|
individual
credit limit*: |
EUR 50.000,-- |
This credit
advice is based on information available at the time of conducting the
research, being the above indicated date.
All amounts in
this report are given in Swiss Francs (CHF) unless otherwise stated.
GENERAL COMPANY DATA
OFFICIAL DATA:
Legal
form: Joint stock company
Registration: 10-08-2004
First
Publication: 16-08-2004
Last
Publication: 31-03-2008
Created
by: The company was newly established.
Share
capital: 1.250.000
Paid up: 1.250.000
Divided
into: 125.000 Special registered shares of 10
History: 25-03-2008 1.250.000 Capital increase
29-03-2007 1.000.000 Capital increase
12-02-2007
400.000 Capital increase
100.000 Capital by incorporation
Shareholders: Details
of the shareholders were not made available to us
Company
Management: Herr Agarwal
Registered
translations of the Company name:
French Visa Minmetal SA
English Visa Minmetal Ltd
ACTIVITY
Sector: Holding company
Activity:
Visa Minmetal
AG is a full-play holding company. The latter is involved
in the holding
of interests in national and international companies.
EMPLOYEES
Number of
employees: There are no employees at
the legal domicile
PAYMENT AND
FINANCIAL DATA
PAYMENT
EXPERIENCES:
Legal
actions: Information only
available against proof of interest.
There are no
complaints about the mode of payment and business conduct.
In view of the nature of the company's activity there
is however a lack of referential experience regarding the payment conduct. For
large-scale financial transactions the company should therefore be able to
provide appropriate capital guarantees or sureties.
FINANCIAL DATA
Financial
position: The financial affairs are
considered to be in order.
Financial
Statements: The company does not disclose any financial statements.
Third parties
are not permitted any insight into the financial affairs. It is therefore
difficult to make a proper assessment of the actual situation.
Banker(-s)
Banking
connections are not made available by the company
Auditors
REFIDAR MOORE STEPHENS AG, Zug
Premises
The premises
at the above mentioned address are rented.
Fiscal taxation:
No information
is available due to the local tax authority regulation.
COMPANY AND PERSON RELATIONS
COMPANY
CONNECTIONS:
At the header
address the company is domiciled with Visa Comtrade AG.
The said
communication numbers also correspond to this company.
BOARD OF
DIRECTORS:
Vishambar Saran, from India, in Kolkata/India,
President, sole
signature.
Reto Steinmann, from
Walenstadt, in
Steinhausen/ZG/Switzerland,
Vice President,
collective signature.
Toni Junas, from Zug, in
Oberaegeri/ZG/Switzerland,
Member, collective
signature.
PERSONNEL INFORMATION
Reto Steinmann
is married to Esther Steinmann and lives at Keltenweg 19 in 6312 Steinhausen.
Toni Junas was
born on 16.10.1964. He is resident at Fichtenstrasse 19 in 6315 Oberaegeri.
He features on
the Boards of more than 15 other companies, in most of which he is however
believed to merely represent the interests of the beneficial shareholders.
FURTHER MANDATES
Reto
Steinmann:
- Adler
Werbegeschenke GmbH, Zug
- Aero
Inventory (Switzerland) AG, Zuerich
- Baldwin
Switzerland GmbH, Steinhausen
- Encotra AG,
Zug
- IVMS AG, Zug
etc.
COMMENTS
Third parties are
not permitted any further insight into the subject's
corporate
affairs.
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.43.21 |
|
UK Pound |
1 |
Rs.85.72 |
|
Euro |
1 |
Rs.67.92 |
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 |
|
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 |
|
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 |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
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 |
|
<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 |
|
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%)