MIRA INFORM REPORT

Report Date :

04.04.2012

IDENTIFICATION DETAILS

Correct Name :	PARALI JORDANA IMPORT

Registered Office :	19 Asklipiou, 21200 Argos, Argolida

Country :	Greece

Date of Incorporation :	03.02.2004

Legal Form :	Proprietorship

Line of Business :	Shoe Stores

No. of Employees :	05

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Small Concern

Payment Behaviour :	No Complaints

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Greece

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

IDENTIFICATION DETAILS

Name: Parali Jordana 'Import'

Address: 19 Asklipiou

21200 Argos

Argolida

Greece

Telephone: 30 2751063008

Telefax: 30 2751063008

E-Mail Address: Jordana.Import@Yahoo.Gr

SUMMARY

Started: 2004

Year Inc: 2004

Legal Form: Proprietorship

Employs: 5

Sic: 5661 5651

Activity: Operates Shoe Stores

PRINCIPALS

Name: Jordana Geo. Parali

Position: Proprietor

BANKERS

National Bank of Greece S.A.,

Argos Branch branch., 2 Nikitara, Argos 21200, Greece.

Telephone: 30 2751065005

Bank of Piraeus S.A.,

Argos Branch branch., 6 Vas. Konstantinou & P. Tsaldari, Argos 21200, Greece.

Telephone: 30 2751027000

HISTORY

BACKGROUND

Business started Feb 3, 2004.

LEGAL FORM

Proprietorship registered on Feb 3, 2004 for a period ending Dec 31, 9999.

Tax Registration Number: 127075977

OPERATIONS

Local Activity Code: 4772

Local Activity Code Type: STAKOD

Equivalent to: NACE 1

Operates shoe stores, Operates family clothing stores

Imports and trade of shoes and white linen , Subject distributes its goods on retail.

Subject does not export.

Imports 70% from India, Pakistan

Normal importing terms are cash against documents

EMPLOYS: 5 including 0 part-time staff.

Operates from rented office, at heading address.

REGISTERED OFFICE: At heading address.

BRANCHES

Subject has 2 branches/divisions:

19 Asklipiou, 21200, Argos, Greece.

86 Ermou, 26221, Patra, Greece. These are rented office premises.

GENERAL COMMENTS

The below mentioned financial figures are in Euro

Sales for the 12 month period ending Dec 31, 2011 were 100,000.

Subject confirmed general details in this report.

On Mar 28, 2012 local informants stated that:

Subject is a long established trading firm.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.56
UK Pound	1	Rs.81.05
Euro	1	Rs.67.49

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.