MIRA INFORM REPORT

Report Date :

10.06.2011

IDENTIFICATION DETAILS

Name :	AROMA INTERNATIONAL WLL
Registered Office :	Street No. 36, Gate No. 88, Industrial Area, P O Box 9138, Doha
Country :	Qatar
Date of Incorporation :	24.10.2010
Com. Reg. No.:	14281, Doha
Legal Form :	With Limited Liability
Line of Business :	Wholesalers and retailers of dried foods, spices, rice and rice powder.

RATING & COMMENTS

MIRA’s Rating :

NB

RATING		STATUS	PROPOSED CREDIT LINE
----	NB	New Business	----

Maximum Credit Limit :	US$ 40,000
Status :	New Company
Payment Behaviour :	Unknown
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 31^st, 2011

Country Name	Previous Rating (31.12.2010)	Current Rating (31.03.2011)
Qatar	a2	a2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Bottom of Form

SUMMARY

Company Name : AROMA INTERNATIONAL WLL

Country of Origin : Qatar

Legal Form : With Limited Liability - WLL

Registration Date : 24^th October 2010

Commercial Registration Number : 14281, Doha

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Total Workforce : 16

Activities : Wholesalers and retailers of dried foods, spices, rice and rice powder.

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

Recommended Credit Limit : US$ 40,000

COMPANY NAME

AROMA INTERNATIONAL WLL

company ADDRESS

Registered & Physical Address

Street : Street No. 36, Gate No. 88

Area : Industrial Area

PO Box : 9138

Town : Doha

Country : Qatar

Telephone : (974) 44607328 / 44651477

Facsimile : (974) 44607346

Mobile : (974) 55867198

Email : aromaintlqatar@gmail.com

Premises

Subject operates from a small suite of offices that are rented and located in the Industrial Area of Doha.

Branch Office (s)

Location Description

· New Indian Supermarket Showroom premises

Airport Road

Doha

Tel: (974) 44651477

Fax: (974) 44651738

KEY PRINCIPALS

Name Nationality Position

· Abdulrahman Abdullah Ibrahim Al Ansari Qatari Managing Director

· Perumpilli Pat Payyoorayal Fasalu Indian Director

· Mohamed Aslam - General Manager

· Ashraf Sharaf Eddine - Commercial Manager

· Shaheed Viyam - Sales Manager

LEGAL FORM & OWNERS

Date of Establishment : 24^th October 2010

Legal Form : With Limited Liability - WLL

Commercial Reg. No. : 14281, Doha

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Name of Shareholder (s)

· Abdulrahman Abdullah Ibrahim Al Ansari

· Perumpilli Pat Payyoorayal Fasalu

AFFILIATED COMPANIES

· Al Ansari & Partner WLL

Doha

Tel: (974) 44604532

OPERATIONS

Activities: Engaged in the wholesale and retail of dried foods, spices, rice and rice powder.

Import Countries: Europe and the Far East.

Subject has a workforce of 16 employees.

FINANCIAL DATA

Subject is a newly formed business and as a result financial information is not currently available.

BANKERS

· Ahli Bank QSC

PO Box: 2309

Salwa Road

Doha

Tel: (974) 44326611

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

In view of subject’s infancy, extensive payment and financial are not available, therefore dealings are recommended to be on secured terms, and a close monitoring of subject’s business development is advisable.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.72
UK Pound	1	Rs.73.47
Euro	1	Rs.65.38

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
----	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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.