MIRA INFORM REPORT

 

 

Report Date :

19.04.2012

 

IDENTIFICATION DETAILS

 

Name :

SHABRO INTERNATIONAL PTE. LTD.

 

 

Registered Office :

1 North Bridge Road #19-04/05 High Street Centre Singapore 179094

 

 

Country :

Singapore

 

 

Date of Incorporation :

16.06.2011

 

 

Com. Reg. No.:

201114328G

 

 

Legal Form :

Private Limited Liability Company

 

 

Line of Business :

Not Available

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

 

--

 

Status :

New Company

Payment Behaviour :

Unknown

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Singapore

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Contact Points

 

Company Name:

Shabro International Pte. Ltd.

Supplied Name:

Shabro International Pte Ltd.

Supplied Address:

1, North Bridge Road, 19-4-5 Hi Street Centre, Singapore

 

 

Special Notes

 

We did not find any contact information of subject according to the supplied name or the supplied address.

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

 

Registered Name:

Shabro International Pte. Ltd.

Registered Address:

1 North Bridge Road #19-04/05 High Street Centre Singapore 179094

Date of Registration::

2011-6-16

Registered Number:

201114328G

Country of Incorporation:

Singapore

Registered Capital:

SGD 1,375,764.00 (USD 1,073,508.65)

(As of 2012.04, 1 SGD = 0.7803 USD)

Paid-up Capital:

SGD 1,375,764.00 (USD 1,073,508.65)

= 1,375,764 Shares@1 SGD

Legal Form:

Private Limited Liability Company

Staff:

N/A

Status:

Live Company

Listed at Stock Exchange:

No

Notes:

Since we did not get contact with subject, staff number is not available.

 

History

 

Subject was incorporated on 2011-6-16 with registered number 201114328G as Private Limited Liability Company in Singapore.

 

Shareholders

Unit: SGD

Name

Subscription Amount

Proportion of Investment (%)

Shabro Metals & Technologies Limited

1,375,764

100%

Total

1,375,764

100%

 

Major Shareholder Information:

Name:

Shabro Metals & Technologies Limited

ID Number:

T11UF2430E

Address:

C-23, Friends Colony (East), Mathura Road New Delhi, India 110065

Nationality:

India

 

Subsidiaries & Branches

 

Subject did not register any subsidiaries or branches, from other source we can not obtain the relevant information, either.

 

Management Information

 

Core Management

 

Detailed Information of Management:

1

Name:

Akhil Jain

Position:

Director

ID Number:

H4449079

Address:

128 Kishan Kunj, Main Laxmi Nagar New Delhi 110092, India

Nationality:

Indian

Date of Appointment:

2011-6-16

2

Name:

Ashutosh Agrawal

Position:

Director

ID Number:

H8082767

Address:

39 B Una Enclave, Mayur Vihar-I New Delhi-110091, India

Nationality:

Indian

Date of Appointment:

2011-6-16

3

Name:

Vangal Rangarajan Ranganathan

Position:

Director

ID Number:

S2662860A

Address:

207 Serangoon Central #11-198 Singapore 550207

Nationality:

Singapore Citizen

Date of Appointment:

2011-6-16

4

Name:

Vangal Rangarajan Ranganathan

Position:

Secretary

ID Number:

S2662860A

Address:

207 Serangoon Central #11-198 Singapore 550207

Nationality:

Singapore Citizen

Date of Appointment:

2011-6-16

 

 

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:

Natarajan & Swaminathan

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.89

UK Pound

1

Rs.83.18

Euro

1

Rs.68.06

 

 

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.