MIRA
INFORM REPORT
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Report Date : |
26.08.2011 |
IDENTIFICATION DETAILS
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Name : |
JEWEL DIAM PTE. LTD. |
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Registered Office : |
16 Amber Gardens #10-04 Amber Park Singapore 439961 |
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Country : |
Singapore |
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Date of Incorporation : |
23.08.2010 |
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Com. Reg. No.: |
201017872D |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Wholesale of Jewellery |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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-- |
NB |
New Business |
-- |
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Status : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Singapore |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Contact
Points
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Company Name: |
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Supplied Name: |
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Supplied
Address: |
Special Notes
We did not find any
contact information of subject according to the supplied name or the supplied
address. From public files, we found that subject is a wholesaler of
jewellery, while it is not confirmed by subject.
Up to the date of
reporting, we did not get contact with subject, if you kindly supply contact
information of subject, we’d like to continue our investigation.
We found the
registered information of subject from local registry, supplying as follows for
reference.
Company Identification Details
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Registered Name: |
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Registered
Address: |
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Date of
Registration:: |
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Registered
Number: |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
(As of 2011.08,
1 SGD = 0.8283 USD) |
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Paid-up Capital: |
SGD 500,000
(USD 414,150) = 500,000 Shares@1 SGD |
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Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
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Date of Last
Annual Return: |
2011-8-17 |
History
Subject was incorporated on 2010-8-23 with registered number 201017872D as
Private Limited Liability Company in Singapore.
Shareholders
Unit: SGD
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Subscription Amount |
Proportion of Investment (%) |
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Total |
500,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Uday Ramesh
Jhaveri |
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Value: |
SGD 500,000 |
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ID Number: |
S7080428Z |
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Address: |
16 Amber Gardens
#10-04 Amber Park Singapore 439961 |
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Nationality: |
Singapore P.R. |
Subsidiaries & Branches
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Management Information
Detailed
Information of Management:
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1 |
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Name: |
Uday Ramesh
Jhaveri |
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Position: |
Director |
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ID Number: |
S7080428Z |
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Address: |
16 Amber Gardens
#10-04 Amber Park Singapore 439961 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
2010-8-23 |
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2 |
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Name: |
Jhaveri Uday
Manjri |
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Position: |
Secretary |
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ID Number: |
S7376086J |
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Address: |
16 Amber Gardens
#10-04 Amber Park Singapore 439961 |
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Nationality: |
Singapore P.R. |
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2010-8-23 |
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Operation Information
We did not get contact with subject; from public files, we found that subject
is a wholesaler of jewellery, while it is not confirmed by subject.
Financial Figures
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Sales |
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2010 |
About USD 2,000,000 |
Bankers
Open
Account Bank
The information is
not available from the subject or public files.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.46.13 |
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|
1 |
Rs.75.52 |
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Euro |
1 |
Rs.66.53 |
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 |
Capability to overcome financial difficulties seems comparatively
below average. |
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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-- |
NB |
New Business |
-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.