MIRA
INFORM REPORT
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Report Date : |
17.05.2011 |
IDENTIFICATION DETAILS
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Name : |
SUPERB JEWELLERY |
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Registered Office : |
C/o Gurus & Lexes Consultants Ltd. |
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Country : |
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Date of Incorporation : |
21.09.2009 |
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Com. Reg. No.: |
51183495-000-09 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Importer, Exporter and Wholesaler of all kinds of diamonds and jewellery products, emerald, precious stones, etc. |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
Usually Correct |
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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 – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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A2 |
A2 |
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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 |
Name and address
SUPERB JEWELLERY
ADDRESS:
c/o Gurus & Lexes Consultants Ltd.
PHONE: 2838 8530
FAX: 3157 7910
MANAGEMENT
Manager: Mr. Shiv Shankar Gopawat
SUMMARY
Establishment: 21st
September, 2009.
Organization: Sole
Proprietorship.
Capital: Not disclosed.
Business Category: Diamond Trader.
Employees:
Nil.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd.,
Banking Relation: Fairly
satisfactory.
ADDRESS
Head Office:-
c/o Gurus & Lexes Consultants Ltd.
Associated Companies:- (Same
owner)
Sharp Diamonds,
Supreme Trading FZE,
BUSINESS REGISTRATION NUMBER
51183495-000-09
MANAGEMENT
Manager: Mr. Shiv Shankar Gopawat
SOLE PROPRIETOR
Name: Mr. Shiv Shankar GOPAWAT
Residential Address: Po-Kharsan,
Via-Kheroda,
HISTORY
The subject was established on 21st September, 2009 as a sole
proprietorship concern owned by Mr. Shiv Shankar Gopawat under the Hong Kong
Business Registration Regulations.
Apart from these, neither material change nor amendment has been ever
traced and noted.
OPERATIONS
Activities: Importer,
Exporter and Wholesaler.
Lines: All
kinds of diamonds and jewellery products, emerald, precious stones, etc.
Employees: Nil.
Commodities Imported:
Markets:
Annual Turnover: Too early to obtain figure.
Terms/Sales:
L/C, T/T, etc.
Terms/Buying: L/C,
T/T, D/P, etc.
FINANCIAL INFORMATION
Capital: Not
disclosed.
Profit or Loss: Too early to offer an opinion.
Condition: Business
is under development.
Facilities: Making
fairly active use of general banking facilities.
Payment:
Met trade
commitments as contracted.
Commercial Morality: Satisfactory.
Banker:
The Hongkong
& Shanghai Banking Corp. Ltd.,
Standing:
Small.
GENERAL
Superb Jewellery is a sole proprietorship set up on 21st September, 2009
and owned by Mr. Shiv Shankar Gopawat who is an Indian. He is an
The subject does not have its own operating office. Its registered office is in a commercial
service firm located at
The subject is a diamond and jewellery importer, exporter and
wholesaler. Most of the commodities are
imported from
The subject is just a one-man company.
Business is chiefly handled by Gopawat himself.
GOPAWAT is also the owner of another firm Sharp Diamonds [Sharp] which
was also registered in
Besides the subject and Sharp, Gopawat is also the sole proprietorship
of Supreme Trading FZE [Supreme].
Business commenced in September 2009, Supreme does not have its own
operating office. Its registered office
is also in the operating office of Gurus & Lexes located at Room 1002,
10/F., Chuang’s Tower,
Supreme is also a diamond trader.
Besides trading in diamonds, its also trades in other commodities such
as furniture, electronic products, electric appliances, etc.
The history of the subject in
Since the subject does not have its own operating office and has no
employees in
COURT CASES: None
per our.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.07 |
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1 |
Rs.72.97 |
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Euro |
1 |
Rs.63.57 |
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.