MIRA
INFORM REPORT
|
Report Date : |
13.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
SANEX INTERNATIONAL PTE. LTD |
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Registered Office : |
3 Shenton Way, #07-05, Shenton House Singapore 068805 |
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Country : |
Singapore |
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Date of Incorporation : |
30.01.2009 |
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Com. Reg. No.: |
200901718H |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
General trade of the products of iron and steel, etc. (Including General Importers And Exporters) |
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No. of Employees : |
4 Employees |
RATING & COMMENTS
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MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 5,000 |
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Status : |
Moderate |
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Payment Behaviour : |
No Compliant |
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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 September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Singapore
|
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
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: |
Sanex
International Pte. Ltd |
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Supplied Name: |
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3 Shenton Way, #07-05, Shenton House Singapore 068805, Singapore. |
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Supplied
Address: |
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+65- 6225 8550 |
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Fax Number: |
+65- 6225 8320 |
Notes:
The supplied address is inaccurate; the accurate one is shown as above.
Credit Summary
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Credit Rating: |
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Credit Opinion: |
Company Identification Details
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Registered Name: |
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Registered
Address: |
3 Shenton Way, #07-05, Shenton House Singapore 068805, Singapore. |
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Date of
Registration:: |
2009-01-30 |
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Registered
Number: |
200901718H |
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Country of
Incorporation: |
Singapore |
|
Registered
Capital: |
SGD 2,638,700
(USD 2,039,620) (As of 2011.12 1
SGD =0.77297 USD) |
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Paid-up Capital: |
SGD 2,638,700
(USD 2,039,620) = 2,638,700 Shares@1 SGD |
|
Legal Form: |
Private Limited
Liability Company |
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Principal
Activities: |
General trade of
the products of iron and steel, etc. (Including General Importers And
Exporters) |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
2011-05-30 |
History
Subject was incorporated on 2009-01-30 with registered number 200901718H as
Private Limited Liability Company in Singapore.
Shareholders
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Sanjay
Jhunjhunwala |
2,638,700 |
100 |
|
Total |
2,638,700 |
100 |
Major Shareholder
Information:
|
Name: |
Sanjay
Jhunjhunwala |
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ID Number: |
Z2145396 |
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Address: |
W 25/3 Western
Avenue Sainik Farms, New Delhi 100062, India. |
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Nationality: |
Indian |
Management Information
Detailed
Information of Management:
|
1 |
|
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Name: |
Seetal Chand |
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Position: |
Director |
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ID Number: |
F1314292X |
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Address: |
2 Marine
Vista#19-69, Neptune Court Singapore 449026. |
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Nationality: |
Indian |
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Date of
Appointment: |
2010-04-12 |
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2 |
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Name: |
Dalmia kunal |
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Position: |
Director |
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ID Number: |
J1867125 |
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Address: |
11 Old
Ballygunge, 2nd Lane Kolkata-19 |
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Nationality: |
Indian |
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Date of
Appointment: |
2011-07-18 |
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3 |
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Name: |
Beulah |
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Position: |
Secretary |
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ID Number: |
S2696645J |
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Address: |
190 Holland
Road, Toho Mansion Singapore 278585. |
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Nationality: |
Singapore P.R |
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Date of
Appointment: |
2010-04-12 |
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4 |
|
|
Name: |
Sanjay
Jhunjhunwala |
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Position: |
Director |
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ID Number: |
Z2145396 |
|
Address: |
W 25/3 Western
Avenue Sainik Farms, New Delhi 100062, India. |
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Nationality: |
Indian |
|
Date of
Appointment: |
2009-01-30 |
Operation Information
Offices
& Factories
|
|
Office |
|
Address: |
3 Shenton Way #07-05, Shenton House Singapore 068805, Singapore. |
l
The subject is a trader of the products of iron and
steel, etc., without any production activities.
Purchase
l
The company purchases
the finished products mainly from Africa.
Sales
Information
l
The subject is a trader of the products of iron and
steel, etc.
l
As a trader, the company is selling the products to
both to the domestic and overseas market.
l
Subject mainly sells
products to the overseas markets including India, Vietnam, Pakistan,
etc.
l
The subject decides to sell the products to China,
but it does not carry it out, may be at the end of the year, it will come true.
Settlements
Purchase
Domestic Markets
|
Products |
Payment Terms |
Proportion |
|
Products of iron
and steel, etc. |
COD, etc |
100% |
Overseas Markets
|
Products |
Payment Terms |
Proportion |
|
Products of iron
and steel, etc. |
CBD, etc |
100% |
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Products of iron
and steel, etc. |
COD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Products of iron
and steel, etc. |
CBD, etc |
100% |
Financial Information
The subject declined
to provide the latest information about the financial figures; from other source we cannot obtain the
relevant information, either.
Bankers
Auditors
|
Name: |
Mgi N Rajan
Associates |
Public
Charges
|
Charge Number: |
C201006083 |
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Date of
Registration: |
2010-07-16 |
|
Name: |
The Hongkong And
Shanghai Banking Corporation Limited |
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Amount Secured: |
All Monies |
Interview Details
|
Name: |
Mr Jain |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.83 |
|
|
1 |
Rs.79.42 |
|
Euro |
1 |
Rs.65.90 |
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 |
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-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs 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.