|
Report Date : |
20.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
MALHOTRA ENTERPRISES |
|
|
|
|
Registered Office : |
Srestha, Party Palace, Building Teku, Kathmandu |
|
|
|
|
Country : |
Nepal |
|
|
|
|
Date of Incorporation : |
07.06.1984 |
|
|
|
|
Legal Form : |
Proprietorship Concern |
|
|
|
|
Line of Business : |
dealer, importer Automobile Dealers & electronics parts |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Nepal |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Malhotra Enterprises
|
Address |
Srestha, Party Palace, Building Teku |
|
City |
Kathmandu |
|
Country |
NEPAL |
|
Phone |
+977 – 1 4261820 / 977 – 1 - 4261920 |
|
Fax Mobile Email |
+977 – 1 - 4267455 +977 – 9850140047 |
Years Established : 07.06.1984
Type of Concern : Proprietorship
Name of the Proprietor : Manpreet
Malhotra
Auditors : Sreshtha
& Co.
Bankers : Nepal Grindlays
Bank Ltd., Nepal
Nepal
Bank Ltd, Nepal
Business : They are dealer, importer Automobile Dealers & electronics parts.
Import
from China, Japan, Korea.
Financial
Working Capital- Nep. Rs.
5 Core.
Sales- Nep. Rs 7 Core. (2010)
Sales- Nep. Rs.9 Core. (2011)
Shareholder : Malhotra
Family
Remarks : Well established, respectable, payments
are reported to be correct and
regular
as per commitments, trade relations are fair, consider good for
normal business engagements at usual
trade terms and conditions.
Business may be done. Business may be
done medium USD at 90 days.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
|
UK Pound |
1 |
Rs.87.55 |
|
Euro |
1 |
Rs.68.85 |
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.