MIRA INFORM REPORT
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Report Date : |
22.09.2011 |
IDENTIFICATION DETAILS
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Name : |
BOVIND TRADING PTE. LTD. |
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Registered Office : |
20 Malacca Street #04-00 Malacca Centre Singapore 048979 |
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Country : |
Singapore |
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Date of Incorporation : |
30.05.2008 |
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Com. Reg. No.: |
200810604R |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
---- |
RATING & COMMENTS
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MIRA’s Rating : |
C |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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Status : |
Undetermined |
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Payment
Behaviour : |
---- |
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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) |
|
Singapore |
a1 |
a1 |
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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 |
Contact Points
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Company Name: |
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Supplied Name: |
Bovind Trading
Pte Ltd. |
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Supplied
Address: |
20, Malacca
Street, # 04-00 Malacca Centre Singapore 048979 |
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+65-6520-2621 |
Credit
Summary
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Credit Opinion: |
Since we did not get contact with subject, subject’s operation
information is not confirmed, thus we did not give the credit rating at this
stage. |
Special
Notes
We did not find
any contact information of subject according to the supplied name or the
supplied address. From public files, we found that subject is a trader
of metal products and plastic products, while it is not confirmed by
subject.
Up to the date of
reporting, we did not get contact with subject, if you kindly supply contact
information of subject, we’d like to continue our investigation.
We found the
registered information of subject from local registry, supplying as follows for
reference.
Company
Identification Details
Notes: We obtain the
staff number of subject from public files which is not confirmed by subject.
History
Subject was incorporated on 2008-5-30 with registered number 200810604R as
Private Limited Liability Company in Singapore.
Shareholders
Unit: SGD
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Subscription Amount |
Proportion of Investment (%) |
|
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Total |
250,000 |
100% |
Major Shareholder
Information:
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1 |
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Name: |
Ashish Kumar
Bagla |
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Value: |
SGD 250,000 |
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ID Number: |
G6990611 |
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Address: |
1 Ballygunge
PLACE Flat No 5, Po-Ballygunge Ps-Gariahat, Kolkata West Bengal 700019 India |
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Nationality: |
Indian |
Subsidiaries &
Branches
Subject did not register any subsidiaries or branches, from other source we
can not obtain the relevant information, either.
Management
Information
Detailed
Information of Management:
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1 |
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Name: |
Ashish Kumar
Bagla |
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Position: |
Director |
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ID Number: |
G6990611 |
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Address: |
1 Ballygunge
Place Flat No 5, Po-Ballygunge Ps-Gariahat, Kolkata West Bengal 700019 India |
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Nationality: |
Indian |
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Date of
Appointment: |
2008-6-3 |
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2 |
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Name: |
Jeswant Singh
S/O Darshan Singh |
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Position: |
Secretary |
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ID Number: |
S2560579I |
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Address: |
8 Haig Road
#05-423 Singapore 430008 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
2008-5-30 |
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3 |
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Name: |
Srinivas Harihar |
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Position: |
Director |
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ID Number: |
S2641577B |
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Address: |
874 Tampines
Street 84 #03-19 Singapore 520874 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2008-5-30 |
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4 |
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Name: |
Leo Siew Ti Anna |
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Position: |
Secretary |
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ID Number: |
S7010333H |
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Address: |
204D Punggol
Field #10-358 Singapore 824204 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2008-5-30 |
Operation
Information
We did not get
contact with subject; from public files, we found that subject is a trader of
metal products and plastic products, while it is not confirmed by subject.
Financial
Information
Subject has no
obligations to disclose its financial statements to the third party according
to the relevant policy in Singapore, subject did not submit the latest
information to the local registry, and the only source from which we can obtain
the information is the subject itself.
Since we did not find subject, the financial information of subject is
not available.
Bankers
No information was
found from public files or the subject.
Auditors
|
Name: |
Helmi Talib
& Co |
Public
Charges
|
Charge 1 |
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Charge Number: |
C200806411 |
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Date of
Registration: |
2008-7-15 |
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Name: |
Dbs Bank Ltd. |
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Amount Secured: |
All Monies |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.89 |
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UK Pound |
1 |
Rs.75.31 |
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Euro |
1 |
Rs.65.64 |
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.