MIRA INFORM REPORT

Report Date :

05.07.2012

IDENTIFICATION DETAILS

Name :	CHATZIGRIGORIOU DIMITRIOS 'TA PANTA'

Registered Office :	Tsakoi, 58400 Aridaia, Pella

Country :	Greece

Date of Incorporation :	16.03.2010

Com. Reg. No.:	Not Available

Legal Form :	Proprietorship Concern

Line of Business :	Subject operates as family clothing stores

No. of Employees :	01

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Small Company
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)

Greece

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

IDENTIFICATION DETAILS

Company name CHATZIGRIGORIOU DIMITRIOS 'TA PANTA'

ADDRESS:              TSAKOI

                               58400 ARIDAIA

                               PELLA

                               GREECE

TELEPHONE:          30  2384064400

                                30  2384023393

                               30  2384024541

TELEFAX:                30  2384064400

ANY AMOUNTS HEREAFTER ARE IN EURO UNLESS OTHERWISE STATED

WORKFORCE

EMPLOYS: 1 person

BANKERS

Alpha Bank A.E., Aridaia Branch branch., Loch. N. Papadopoulou, Aridaia 58400, Greece.

Telephone: 30 2384028760

LEGAL STATUS

STARTED:               2010

YEAR INC:              2010

LEGAL FORM:         PROPRIETORSHIP

EMPLOYS:              1

BACKGROUND

Business started Mar 16, 2010.

LEGAL FORM

Proprietorship registered on Mar 16, 2010 for a period ending Dec 31, 9999.

Tax Registration Number: 035577833

Established to continue the business activities of his father's firm

HATZIGRIGORIOU GEORGE 'TA PANTA' (VAT: 027876913), which was established in 1999 and was dissolved on 16/3/2010.

ACTIVITIES

SIC:        5651 5131

ACTIVITY:   OPERATES FAMILY CLOTHING STORES

Local Activity Code:                 4751

Local Activity Code Type:         STAKOD

Equivalent to:                          NACE 1

Operates family clothing stores

Wholesales piece goods and notions

Imports and trade of white linen, Subject distributes its goods on both wholesale and retail.

IMPORTS

Imports 70% from China, Egypt, India, Pakistan, Turkey

Normal importing terms are cash against documents

PREMISES / REAL ESTATE

Operates from owned warehouse, at heading address.

REGISTERED OFFICE: At heading address.

BRANCHES

Subject has 2 branches/divisions

4 Kap. Garefi, 58400, Aridaia, Greece.

19 Skra, 58400, Aridaia, Greece.

GENERAL COMMENTS

Subject is a trading firm. Please note that the subject continues the activities of his father’s firm (sole proprietorship) HATZIGRIGORIOU GEORGE 'TA PANTA' (VAT: 027876913), who passed away on 16/3/2010.

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.