MIRA
INFORM REPORT
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Report Date : |
20.05.2011 |
IDENTIFICATION DETAILS
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Name : |
SAGAR ENTERPRISES |
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Registered Office : |
Bijeshwori, P.O. Box :
8145, ktm |
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Country : |
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Financials (as on) : |
31.03.2011 |
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Date of Incorporation : |
05.12.1991 |
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Legal Form : |
Proprietorship Concern |
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Line of Business : |
Trader and exporter of Handicraft |
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 : |
Moderate |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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B1 |
B1 |
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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 |
Company name and address
Sagar Enterprises
Address :
Bijeshwori
P.O. Box : 8145, ktm
City :
Country :
Phone : 00977-1-4352837, 9841238832
Fax : 00977-1-4425363
Mobile No: 91-9841238832
(Mr.
Sagar Mahsighs)
Area: 1000 Sq. ft
Location: Owned
Email : sksg@ntc.net.np, sagarmansinghs@hotmail.com
Years Established
05.12.1991
Type of Concern
Proprietorship
Name of the Proprietor
Mr. Sagar Mahsighs
Age: 43
years
Qualification : Graduate
Auditors
Not Available
Bankers
Bank of Kathmandum, New Road,
Business
Trader and exporter of Handicraft
Exporters
Product Handicraft
Country
Trading terms
Purchasing (Cash,
Credit (30 days, 60 days, 90 days)
Selling (L/C, Cash, Credit (30 days, 60 days, 90 days)
Customer
Wholesalers
Retailers
End Users
OEM’s
No. of Employees
10 (Approximately)
Financial
Sales 2009 - 20,000 $
Sales 2010 - 15.000 $.
Sales 2011 - 25.000 $.
Sales 2012 - 30.000 $. (Projected)
Information PARTED BY
Name : Mr.
Sagar Mahsighs
Designation : Proprietor
Contact No.: 91-9841238832
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.08 |
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|
1 |
Rs.73.35 |
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Euro |
1 |
Rs.64.30 |
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.