MIRA INFORM
REPORT
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Report Date : |
03.06.2011 |
IDENTIFICATION DETAILS
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Name : |
RUDHRA MINERALS PTE. LTD. |
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Formerly Known As : |
Rudhra Energy Pte. Ltd. |
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Registered Office : |
7 Temasek Boulevard #29-01 Suntec Tower One Singapore 038987 |
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Country : |
Singapore |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
20.04.2009 |
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Com. Reg. No.: |
200906948W |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Sales of Metals |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 30,000 |
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Status : |
Moderate |
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Payment
Behaviour : |
No Complaints |
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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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
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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7
Temasek Boulevard, #29-01, Suntec Tower One, Singapore – 038987 |
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|
Supplied Address: |
7 Temasek Boulevard #29-01 Suntex Tower Lone Singapore 038989,
Singapore |
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Fax Number: |
Notes: The exact
address is as above.
Credit
Summary
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Credit Rating: |
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|
Credit Opinion: |
Company
Identification Details
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Registered Name: |
|
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Registered
Address: |
7 Temasek Boulevard #29-01 Suntec Tower One Singapore 038987 |
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Date of
Registration:: |
|
|
Registered Number: |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 2 (USD 1.6202) (As
of 2011.05, 1 SGD = 0.8101 USD) (As of 2011.05, 1
SGD = 0.8101 USD) |
|
Paid-up Capital: |
SGD 1 (USD 0.8101)
= 1 Shares@1 SGD USD 5,000,000 = 5,000,000 Shares@1 SGD |
|
Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
Sales of Metals |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
|
Notes:
two kind capitals was registered, one is SGD, the other is USD.
History
Subject was incorporated on
|
Date |
Change |
|
|
Rudhra Energy Pte. Ltd. |
|
|
Rudhra Minerals Pte. Ltd. |
Shareholders
|
Subscription
Amount |
Proportion of
Investment (%) |
|
|
USD 5,000,000 |
100% |
|
|
Total |
USD 5,000,000 |
Major Shareholder
Information:
|
1 |
|
|
Name: |
Siva Group
Shipping And Trading Projects Pte. Ltd. |
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Value: |
SGD 2 USD 5,000,000 |
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ID Number: |
200922305W |
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Address: |
8 Temasek
Boulevard #22-02 Suntec Tower Three Singapore 038988 |
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Nationality: |
Singapore |
Subsidiaries &
Branches
Related Company:
|
Name: |
Rudhra Commodities
and Energy Trades Pvt Ltd |
|
Address: |
Sterling Tower,
327 Anna Salai, Teynampet, Chennai - 600 006. India |
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Telephone Number: |
+91-44-2431-3001 |
Manage
Information
Detailed Information
of Management:
|
1 |
|
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Name: |
Ng
Geok Lan (Huang Yuluan) |
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Position: |
Director |
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ID Number: |
S1592193E |
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Address: |
573 Pasir Ris
Street 53 #14-30 Singapore 510573 |
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Nationality: |
Singapore Citizen |
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Date of
Appointment: |
|
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2 |
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Name: |
Chiam Kooi Toe |
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Position: |
Secretary |
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ID Number: |
S7080211B |
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Address: |
573 Pasir Ris
Street 53 #14-30 Singapore 510573 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
|
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3 |
|
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Name: |
Sivasankaran
Saravana |
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Position: |
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ID Number: |
Z1745144 |
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Address: |
Firhaven Estate, 153,Santhome
High Road Raja Annamalaipuram,Chennai-600 028,Tamilnadu |
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Nationality: |
Indian |
|
Date of
Appointment: |
|
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4 |
|
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Name: |
Vaidyanathan
Srinivasan |
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Position: |
Director |
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ID Number: |
Z1745879 |
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Address: |
Flat Gb Old No. 9 New
No. 17, Jagadambal Street, T.Nagar, Chennai 600 017 |
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Nationality: |
Indian |
|
Date of
Appointment: |
|
Personnel Structure
|
Total Employees |
Operation
Information
Offices & Factories
|
|
Office |
|
Address: |
7
Temasek Boulevard, #29-01, Suntec Tower One, Singapore – 038987 |
Production Information
The subject is a
trader without any production.
The subject purchases thermal coal, coking
coal and coke products.
The subject purchase
both from domestic markets and foreign markets.
Sales Information
The subject supplies thermal coal, coking coal and
coke products.
The subject also
engaged in sales of Iron ore, limestone and gypsum.
The subject sells
products around the world.
Settlements
Purchase
Domestic Markets
|
Products |
Payment Terms |
Proportion |
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
CBD, etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Metals |
CBD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Metals |
CBD, etc |
100% |
Financial
Figures
Balance Sheet
|
|
|
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Total Assets |
14,223,210.00 |
|
Total Current Assets |
14,138,153.00 |
|
Total
Non-Current Assets f.k.a. [Fixed And
Others] |
85,057.00 |
|
Total
Liabilities |
14,202,115.00 |
|
Total Current
Liabilities |
14,202,115.00 |
|
Total
Non-Current Liabilities |
0.00 |
|
Total Equity
f.k.a [Shareholder's Funds] |
21,095.00 |
|
Paid-Up
Capital |
N.A. |
|
Share Capital |
2.00 |
|
Other
Reserves, Total f.k.a. [Reserves] |
21,093.00 |
|
Retained
Earnings/(Accumulated Loss) |
0.00 |
Profit/Loss Account
Unit: USD
|
|
2009 |
|
Revenue f.k.a [Sales
Turnover And Other
Operating Revenues] |
3,942,058.00 |
|
Profit/(Loss)
before Tax from Continuing
Operations f.k.a [Profit/(Loss)
before tax] |
28,015.00 |
|
Profit/(Loss)
after Tax from Continuing
Operations f.k.a [Profit/(Loss)
After Tax] |
21,093.00 |
|
Net
Income/(Loss) From Extraordinary And Non-Operating Items |
N.A. |
|
Profit/(Loss)
After Tax and Extraordinary
Items |
N.A. |
Financial Ratio
|
|
2009 |
|
Earning Capacity |
|
|
Rate of Net
Profit on Sales (%) |
0.54 |
|
Return of Investment
(%) |
0.15 |
|
Return of
Shareholder's Funds (%) |
99.99 |
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Total Assets
Turnover (%) |
0.28 |
|
Financial Stability |
|
|
Current/Working
Capital Ratio (%) |
1.00 |
|
Proprietary
Ratio (%) |
0.15 |
|
Total Debt to
Equity Ratio (%) |
99.85 |
Bankers
Open Account Bank
|
Name: |
DBS Bank Ltd. |
Auditors
No auditors’
information was found from public files or subject.
Public
Charges
|
Charge 1 |
|
|
Charge Number: |
C201003439 |
|
Date of
Registration: |
|
|
Name: |
DBS Bank Ltd. |
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Amount Secured: |
All Monies |
Interview Details
|
Name: |
Ng Geok Lan |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.94 |
|
UK Pound |
1 |
Rs.73.46 |
|
Euro |
1 |
Rs.64.58 |
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 |
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 |
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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.