MIRA INFORM
REPORT
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Report Date : |
01.06.2011 |
IDENTIFICATION DETAILS
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Name : |
PANKTI INTERNATIONAL PTE.LTD. |
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Registered Office : |
10 Jalan Besar #10-12 Sim Lim Tower Singapore 208787 |
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Country : |
Singapore |
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Date of Incorporation : |
24.03.1995 |
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Com. Reg. No.: |
199502018N |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
International Trading in all kinds of Goods |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
Moderate |
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Payment
Behaviour : |
Unknown |
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Litigation : |
---- |
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 |
Bottom of Form
Contact Points
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Company Name: |
Pankti
International Pte.Ltd. |
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Supplied Name: |
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141 Cecil Street #07-07 Tung Ann Association Building 069541 |
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Supplied Address: |
141 Cacil Street #07-07 Tun Ann Association Building Singapore 069541, Singapore |
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Fax Number: |
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Notes: Subject’s
exact name and address are as above.
Credit
Summary
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Credit Rating: |
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Credit Opinion: |
In view of the absence of information about subject’s financial status, caution should be exercised. |
Special
Notes
We tried to contact subject according to the supplied phone number +65-6323-7944, subject’s relevant staff Ms. Anjana confirmed subject’s trading address and contact information, while she declined to disclose any other information of subject and just asked us to send an E-mail.
An-Email has been sent to anjana@pankti.com.sg, but no reply has been received yet.
From public files we found that subject is a trader of yarn, while the information is not confirmed.
We found subject’s principal activities from its registered files as follows for reference.
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46641 |
International Trading In All Kinds of Goods |
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46643 |
Wholesale of Petrochemical Products |
We will update the report if there is anything new returned.
We found subject’s registration information 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: |
199502018N |
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Country of Incorporation: |
Singapore |
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Registered Capital: |
SGD 500,000 (USD 402,100) (As of 2011.06, 1 SGD = 0.8042 USD) |
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Paid-up Capital: |
SGD 500,000 (USD 402,100) = 500,000 Shares@1 SGD |
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Legal Form: |
Limited Exempt Private Company |
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Principal Activities: |
46641--International Trading In All Kinds Of Goods 46643--Wholesale of Petrochemical Products |
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N/A |
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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: |
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Notes: Subject declined to disclose its staff number; from other source we can not obtain the relevant information, either.
History
Subject was
incorporated on
Shareholders
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Subscription Amount |
Proportion of Investment (%) |
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Vinay Birla |
250,000 |
50% |
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Archana Birla |
250,000 |
50% |
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Total |
500,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Vinay Birla |
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ID Number: |
S |
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Address: |
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2 |
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Name: |
Archana Birla |
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ID Number: |
S |
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Address: |
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Subsidiaries &
Branches
We can not confirm whether subject has any subsidiaries or branches.
Management
Information
Detailed Information of Management:
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1 |
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Name: |
Vinay Birla |
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Position: |
Director |
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ID Number: |
S |
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Address: |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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2 |
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Name: |
Archana Birla |
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Position: |
Director |
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ID Number: |
S |
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Address: |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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3 |
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Name: |
Archana Birla |
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Position: |
Secretary |
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ID Number: |
S |
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Address: |
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Nationality: |
Singapore Citizen |
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Date of Appointment: |
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Operation Information
Offices & Factories
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Office |
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Address: |
141 Cecil Street #07-07 Tung Ann
Association Building 069541 |
Operation Information
Subject declined to disclose its operation information; we only found that subject is a yarn trader from public files, while the information is not confirmed.
We found subject’s principal activities from its registered files as follows for reference.
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46641 |
International Trading In All Kinds Of Goods |
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46643 |
Wholesale of Petrochemical Products |
Settlements
Information on settlement is not available from subject or other source.
Financial
Information
Subject has no obligations to disclose its financial statements to the third party according to the relevant policy in Singapore and the only source from which we can obtain the information is the subject itself.
Subject’s staff Anjana declined to disclose the financial information, from other source we can not obtain the relevant information, either.
Bankers
Bank Charges
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Charge 1 |
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Charge Number: |
200103659 |
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Date of Registration: |
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Name: |
Bank of India |
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Amount Secured: |
All Monies |
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Charge 2 |
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Charge Number: |
200103660 |
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Date of Registration: |
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Name: |
Bank of India |
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Amount Secured: |
All Monies |
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Charge 3 |
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Charge Number: |
C200606478 |
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Date of Registration: |
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Name: |
Bangkok Bank Public Company Limited |
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Amount Secured: |
All Monies |
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Charge 4 |
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Charge Number: |
C200809080 |
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Date of Registration: |
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Name: |
DBS Bank Ltd. |
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Amount Secured: |
All Monies |
Auditors
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Name: |
MGI N RAJAN ASSOCIATES |
Interview
Details
|
Name: |
Ms. Anjana |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.03 |
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UK Pound |
1 |
Rs.74.43 |
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Euro |
1 |
Rs.64.75 |
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 |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.