MIRA INFORM REPORT

Report Date :

05.07.2012

IDENTIFICATION DETAILS

Name :	ASTRA TRADING & CONTRACTING CO

Registered Office :	Street No. 30, Gate No. 163, Industrial Area, P O Box 5483, Doha

Country :	Qatar

Date of Incorporation :	28.03.2011

Com. Reg. No.:	19919, Doha

Legal Form :	With Limited Liability

Line of Business :	Import and distribution of building materials

No. of Employees :	08

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Moderate
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 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Qatar

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1

SUMMARY

Company Name : ASTRA TRADING & CONTRACTING CO

Country of Origin : Qatar

Legal Form : With Limited Liability - WLL

Registration Date : 28^th March 2011

Commercial Registration Number : 19919, Doha

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Total Workforce : 8

Activities : Import and distribution of building materials

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

Person Interviewed : Badr Al Zaam Chettiyanckia, Administration Manager

COMPANY NAME

ASTRA TRADING & CONTRACTING CO

company ADDRESS

Registered & Physical Address

Location : Street No. 30, Gate No. 163, Industrial Area

PO Box : 5483

Town : Doha

Country : Qatar

Telephone : (974) 44983398

Facsimile : (974) 44682694

Mobile : (974) 55897802

Email : astratrading1@gmail.com

Premises

Subject operates from a small suite of offices and a warehouse that are rented and located in the Industrial Area of Doha.

KEY PRINCIPALS

Name Nationality Position

· Abdulrahman Abdullah Al Ansari Qatari Managing Director

· Abdullah Abdulrahman Abdullah Al Ansari Qatari Director

· Badr Al Zaam Chettiyanckia - General Manager

LEGAL FORM & OWNERS

Date of Establishment : 28^th March 2011

Legal Form : With Limited Liability - WLL

Commercial Reg. No. : 19919, Doha

Issued Capital : QR 200,000

Paid up Capital : QR 200,000

Name of Shareholder (s)

· Abdulrahman Abdullah Al Ansari

· Abdullah Abdulrahman Abdullah Al Ansari

AFFILIATED COMPANIES

· Automobile Technology & Trading (Automtech)

25 Wakaiaw Street

Industrial Area

PO Box: 40539

Doha

Tel: (974) 44604886

OPERATIONS

Activities: Engaged in the import and distribution of building materials.

Import Countries: China and India

Subject has a workforce of 8 employees.

FINANCIAL DATA

Subject is a newly formed business and as a result financial information is not currently available.

BANKERS

· Mashreq Bank

PO Box: 173

Doha

Tel: (974) 413213 / 414932

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

Investigations undertaken in Doha did not reveal any sign of payment defaults or delays during initial trading stages, and subject is believed to meet its payment obligations in a timely manner, nevertheless, and in view of the company’s infancy and the lack of a more consistent payment and financial record, a measure of caution is advisable and a close monitoring of subject’s business development is recommended.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.55
UK Pound	1	Rs.85.48
Euro	1	Rs.68.70

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%)

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.