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Report Date : |
07.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
JISL Global SA |
|
|
|
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Registered Office : |
c/o Fiduciaire Y. Lanoir & Cie, Rue
Saint-Honoré 3, 2000 Neuchâtel |
|
|
|
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Country : |
Switzerland |
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|
|
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Financials (as on) : |
31.03.2012 |
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|
|
|
Date of Incorporation : |
22.02.2008 |
|
|
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Com. Reg. No.: |
290.3.016.082-3 / 900918 |
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|
|
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Legal Form : |
Company limited by shares |
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|
|
|
Line of Business : |
acquisition of participations at home and abroad, as
well as other financial services. |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Domiciled |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
JISL Global SA
c/o Fiduciaire Y.
Lanoir & Cie
Rue Saint-Honoré 3
2000 Neuchâtel
Switzerland/CH
Telephone: 032
7290909
Fax: 032
7290905
Web site: http://www.jains.com
VAT-No.: CHE114099643
Established: 2008
History: The
Corporation has multi product industrial profile and manufacturers of Drip and
Sprinkler Irrigation Systems and Components; PVC, Polyethylene (HDPE, MDPE)
& Polypropylene Piping Systems; Plastic Sheets (PVC & PC sheets); Agro
Processed Products includes Dehydrated Onions and Vegetables; Processed Fruits
(Purees, Concentrates & Juices); Tissue Culture, Hybrid & Grafted
Plants; Greenhouses, Poly and Shade Houses; Bio-fertilizers; Green Energy includes
Solar Photovoltaic (Solar lighting and appliances, Solar pumping systems),
Solar water heating systems and Bio-Energy sources.
Line of Business: Financial services
Industry Division: Services
Industry-code (NACE): 6499 Other financial
service activities, except insurance and pension funding n.e.c.
6420 Activities of holding companies
Banks: unknown
Coverage: Company
Employees: 0
Sales: CHF
0-1 Mio
The business activities includes
the acquisition of participations at home and abroad, as well as other
financial services.
Information
on property ownership was not available.
Company No: 290.3.016.082-3
/ 900918
Legal form: Company
limited by shares
Registration: 22.02.2008
Legal status: active
Responsible Register: Registre du commerce du canton de Neuchâtel (since 05.05.2009)
History: Date
of Statutes: 22.04.2009
Date
of Incorporation Statutes: 21.02.2008
Entry Deleted Name
05.05.2009 JISL
Global SA
05.05.2009 JISL
Global Ltd. (Name translated)
05.05.2009 JISL
Global AG (Name translated)
05.05.2009 JISL AG
05.05.2009 JISL SA (Name translated)
05.05.2009 JISL Ltd. (Name translated)
Entry Deleted Legal domicile
05.05.2009 Neuchâtel,
Switzerland
05.05.2009 Neuhausen am Rheinfall, Switzerland
Entry Deleted Address
05.05.2009 c/o
Fiduciaire Y. Lanoir & Cie, Rue Saint-Honoré 3, 2000 Neuchâtel/NE,
Switzerland/CH
05.05.2009 c/o
OBT AG, Rheinweg 9, 8200 Schaffhausen/SH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 500'000, paidup CHF 500'000
Entry Deleted Capital Structure
active 50
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
05.05.2009 Prise
de participations dans d'autres sociétés suisses ou étrangères, achat, vente et
gestion de titres de participations, de licences, de brevets, et de tout autre
droit; toutes activités financières dans ces domaines; acquérir, vendre et
administrer des biens meubles ou immeubles.
05.05.2009 Erwerben,
Halten, Verwalten und Veräussern von Beteiligungen sowie Erbringen und
Durchführen von Finanz- und Verwaltungsgeschäften und damit verbundener
Dienstleistungen.
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce.
05.05.2009 Reports:
FOSC, ou lettre recommandée, téléfax ou courrier électronique adressé à chaque
actionnaire, au choix du Conseil d'administration.
Title Name
President Ajit
Jain, Origin: India, Residential address: Jalgaon, India, single signature
Executive Director Avdhut Ghodgaonkar , Origin: India,
Residential address: Jalgaon, India, joint signature of two
Executive Director Yves Lanoir , Origin: Cornol, Switzerland,
Residential address: Vaumarcus, Switzerland, single signature, Registered
since: 05.05.2009
Title Name
Auditor Roger
Voirol Fiduciaire S.A., Residential address: Neuchâtel, Switzerland
Consolidation: unconsolidated
Industry: Trade/Industry
Fiscal year end: 31.03.2012 31.03.2011 31.03.2010
Number of months: 12 12 12
Currency:
CHF CHF CHF
Balance Sheet
Intangible fixed assets 0.0 5'463.2 8'194.8
Financial fixed assets 1'350'000.0 1'350'000.0 1'350'000.0
Fixed assets 1'350'000.0 1'355'463.2 1'358'194.8
Trade accounts receivable 0.0 556'267.5 0.0
Liquid assets 23'451.3 30'210.9 635'646.9
other trade accounts 718'664.8 118'653.2 119'189.7
Other current assets 742'116.1 148'864.1 754'836.6
Current assets 742'116.1 705'131.6 754'836.6
Total assets 2'092'116.1 2'060'594.8 2'113'031.4
Capital 500'000.0 500'000.0 500'000.0
Other shareholders funds 1'543'559.6 1'538'564.8 1'535'248.0
Total shareholders equity 2'043'559.6 2'038'564.8 2'035'248.0
short term debt (financial debts) 32'556.5 0.0 60'000.0
Trade accounts payable 0.0 0.0 6'338.4
Accruals 16'000.0 22'030.0 11'445.0
other current liabilities 16'000.0 22'030.0 11'445.0
Current liabilities 48'556.5 22'030.0 77'783.4
Shareh. equity, min. interests + liabilities 2'092'116.1 2'060'594.8 2'113'031.4
Profit and loss account
Other operating revenue 15'557.9 21'019.3 9'147.7
Operating revenue 15'557.9 21'019.3 9'147.7
Gross profit 15'557.9 21'019.3 9'147.7
Other operating expenses 18'552.4 16'540.7 20'734.6
Operating result -2'994.5 4'478.6 -11'586.9
Result before extraordinary items -2'994.5 4'478.6 -11'586.9
Result before taxes -2'994.5 4'478.6 -11'586.9
Taxes -7'989.3 1'161.8 4'098.1
Result before minority interests 4'994.8 3'316.8 -15'685.0
Result for the financial year 4'994.8 3'316.8 -15'685.0
Name: Jain
Irrigation Systems Limited
City/Country: Jalgaon,
India/IN
No. of Owner/-s: 1
Owner: The
company is foreign owned.
Class: 100%
Name: Jain
Overseas B.V.
City/Country: Amsterdam,
Netherlands/NL
Interest: 100.00%
voting right, 100.00% capital interest
Class: 100%
Name: JISL
Systems SA
City/Country: Neuchâtel,
Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest
An updated legal action
check is only available against proof of interest. e.g. a copy of an enquiry
letter, and order or invoice relating to the subject company.
There is no
telephone number registered for this company. The company is a domicile or
holding company with out any activities or employees at the address provided.
Administration activities are performed by the representative agent.
Financial Situation: The company is a "domiciled" company where local
presence is handled by a representative. As far as can be ascertained the
activities are conducted abroad. No information is available on the financial
situation and business development.
Credit Opinion: It
appears that the company is not presently active at the domicile. In issuing
credit facilities it is advised that normal business security be obtained e.g.
bank guarantee.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.47 |
|
UK Pound |
1 |
Rs.86.60 |
|
Euro |
1 |
Rs.68.66 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.