MIRA INFORM REPORT

 

 

Report Date :           

01.10.2011

 

IDENTIFICATION DETAILS

 

Name :

BHARTIYA  LTD.

 

 

Registered Office :

c/o HK Hongshineport Registration Ltd., Room 2309, 23/F., Ho King Commercial Centre, 2-16 Fa Yuen Street, Mongkok Kowloon

 

 

Country :

Hong Kong

 

 

Date of Incorporation :

14.03.2011

 

 

Com. Reg. No.:

58072394

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer, Importer and Exporter of Mobile phones, etc

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New company

 

 

Payment Behaviour :

Unknown

 

 

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

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Hong Kong

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name

 

BHARTIYA  LTD.

 

 

Company ADDRESS

 

c/o HK Hongshineport Registration Ltd.

Room 2309, 23/F., Ho King Commercial Centre, 2-16 Fa Yuen Street, Mongkok Kowloon, Hong Kong.

PHONE:            6529 5680

FAX:                 2781 0061

 

 

MANAGEMENT

 

Managing Director:  Mr. Abhishek Kumar Jaju

 

 

SUMMARY

 

Incorporated on:             14th March, 2011.

 

Organization:                 Private Limited Company.

 

Capital:                         Nominal:           HK$10,000.00

Issued:              HK$10,000.00

 

Business Category:        Manufacturer, Importer and Exporter.

 

Employees:                   Nil.

 

Main Dealing Banker:     The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Banking Relation:           Too early to comment.

Company ADDRESS

 

Registered Head Office:-

c/o HK Hongshineport Registration Ltd.

Room 2309, 23/F., Ho King Commercial Centre, 2-16 Fa Yuen Street, Mongkok Kowloon, Hong Kong.

 

Associated Companies:-

Kaliho (HK) Technology Development Ltd., Hong Kong.

Shenzhen Kaliho Technology Development Ltd., China.

 

 

BUSINESS REGISTRATION NUMBER

 

58072394

 

 

COMPANY FILE NUMBER

 

1572490

 

 

MANAGEMENT

 

Managing Director:  Mr. Abhishek Kumar Jaju

 

 

CAPITAL

 

Nominal Share Capital:   HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

 

Issued Share Capital:     HK$10,000.00

 

 

SHAREHOLDER

(As per registry dated 14-03-2011)

 

Name

 

No. of shares

Abhishek Kumar JAJU

 

10,000

=====

 

DIRECTOR

(As per registry dated 14-03-2011)

 

Name

(Nationality)

 

Address

Abhishek Kumar JAJU

99 Fuhua Road, Futian District, Shenzhen, China.

 

 

SECRETARY

(As per registry dated 14-03-2011)

 

Name

Address

Co. No.

HK Hongshineport Registration Ltd.

Room 2309, 23/F., Ho King Commercial Centre,
2-16 Fa Yuen Street, Mongkok Kowloon, Hong Kong.

1208670

 

 

HISTORY

 

The subject was incorporated on 14th March, 2011 as a private limited liability company under the Hong Kong Companies Ordinance.

Apart from these, neither material change nor amendment has been ever traced and noted.

 

 

OPERATIONS

 

Activities:                      Manufacturer, Importer and Exporter.

 

Lines:                           Mobile phones, etc.

 

Employees:                   Nil.

 

Materials/Commodities:  Imports raw materials from European countries, some Asian countries and finished

products from China.

 

Markets:                       Europe, India, other Asian countries, etc.

 

Terms/Sales:                 L/C or as per contracted.

 

Terms/Buying:               L/C, T/T, D/P, etc.

FINANCIAL INFORMATION

 

Nominal Share Capital:   HK$10,000.00 (Divided into 10,000 shares of HK$1.00 each)

           

Issued Share Capital:     HK$10,000.00

 

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 required.

 

Commercial Morality:  Too early to comment.

 

Banker:                         The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.

 

Standing:                      Small.

 

 

GENERAL

 

Bhartiya Ltd. is wholly-owned by Abhishek Kumar Jaju who is an Indian.  He is an India passport holder and does not have the right to reside in Hong Kong permanently.  Jaju is also the only director of the subject.  Currently, he is residing in Shenzhen Special Economic Zone, China.

The subject does not have its own operating office.  Its registered office is in an accountant firm located at Room 2309, 23/F., Ho King Commercial Centre, 2-16 Fa Yuen Street, Mongkok Kowloon, Hong Kong known as HK Hongshineport Registration Ltd. which is handling its correspondences and documents.  This firm is also the corporate secretary of the subject.

The subject has no employees in Hong Kong.

The subject has had an associated company in Shenzhen Special Economic Zone, China known as Shenzhen Kaliho Technology Development Ltd. [Kaliho].  Your given phone numbers 86-755-8280 5550 / 8280 5538 and fax number 86-755-8280 5548 belong to this firm.

Shenzhen Kaliho was founded in 2002 and has been engaged in GPS and mobile phones for more than 8 years.  It has established many business partners all over the world.

In 2005, Kaliho made a large investment in Mobile phone industry and has been supplying OEM and ODM services to famous companies in the word.  Kaliho has founded his own brand in the domestic market in 2007.  Now Kaliho has become one of the main Mobile phone manufacturers in China.

Kaliho has been establishing long-term partnerships with many co-operators both in the domestics and abroad markets in the development, manufacturing and marketing, especially on OEM and ODM orders.

Kaliho’s products are worldwide accepted especially in South America, Central Asia, Southeast Asia, Africa and Europe.  Its overseas customers have been well supported.  About 80-90% of its products are exported to foreign markets.

The factory area of Kaliho is about 80,000 sq.m. and employing about 200 workers.  Annual sales turnover ranges from RMB100 to 130 million Yuan.

The main customers of Kaliho are the following firms: Viettel Telecom, China Unicom, Tech Top LLC, Muhammad Shams Group, etc.

Kaliho deals with foreign parties under the name of the subject and let foreign firms correspond with the subject’s registered address in Hong Kong.  Kaliho also exports commodities to foreign markets under the name of the subject and its registered address in Hong Kong.

The subject’s business in Hong Kong is not active.

Since the subject does not have its own operating office and has no employees in Hong Kong, consider it good for business engagements on secured basis.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.48.93

UK Pound

1

Rs.76.52

Euro

1

Rs.66.65

 

 

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.