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Report Date : |
13.07.2012 |
IDENTIFICATION DETAILS
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Name : |
AASTHA PTE LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
29.06.2007 |
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Com. Reg. No.: |
200711736D |
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Legal Form : |
Limited Exempt Private Company |
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Line of Business : |
· General wholesale trade (including general importers and exporters) Other investment holding companies |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
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Company Name:` |
AASTHA PTE. LTD. |
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Supplied Name: |
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Supplied
Address: |
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Credit Opinion: |
In view of the absence of information about
subject’s operation, caution should be exercised. |
We can not find any operation information or valid contact information of subject from public files according to the supplied name and address.
Registration files show subject’s principal activities as follows, but the information is not confirmed by subject.
46900
General wholesale trade (including
general importers and exporters)
64202
Other investment holding companies
Up to the deadline of reporting, we failed to get in touch with subject. If you can supply a current telephone number, we’d like to have the investigation resumed.
We found subject’s registration information as follows for reference.
|
Registered
Name: |
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Registered
Address: |
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Date
of Registration:: |
2007-6-29 |
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Registered
Number: |
200711736D |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
USD 1,500,000.00 SGD
10.00 (USD 7.88) (As
of 2012.07, 1 SGD = 0.7881 USD) |
|
Paid-up
Capital: |
USD
1,500,000.00 = 1,500,000 Shares@1 USD SGD
10.00 (USD 7.88) = 10 Shares@1 SGD |
|
Legal
Form: |
|
|
Principal
Activities: |
46900 General
wholesale trade (including general importers and exporters) 64202 Other
investment holding companies |
|
N/A |
|
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
2012-7-3 |
Subject was
incorporated on 2007-6-29 with registered number 200711736D as Limited
Exempt Private Company in Singapore.
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Mehta Sachin |
USD 750,000.00 |
50% |
|
Jhaveri
Chetan Pravinchand |
USD 750,000.00 |
50% |
|
Total |
USD 1,500,000.00 |
100% |
|
|
|
|
|
Mehta Sachin |
SGD 7.00 |
70% |
|
Jhaveri
Chetan Pravinchand |
SGD 3.00 |
30% |
|
Total |
SGD 10.00 |
100% |
Major Shareholder
Information:
|
1 |
|
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Name: |
Mehta Sachin |
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ID Number: |
G6325269M |
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Address: |
Kamala, 19 A.G.
Beel Marg, MT. Pleasant Road, Malabar Hill, Mumbai-400006, India |
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Nationality: |
American |
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2 |
|
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Name: |
Jhaveri
Chetan Pravinchand |
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ID Number: |
Z1534945 |
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Address: |
Flt 8A 8/F
Windsor Tower Condominium Soi 20 Sukhumvit Rd Bangkok Thailand 10110 |
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Nationality: |
Indian |
Detailed
Information of Management:
|
1 |
|
|
Name: |
Mehta Sachin |
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Position: |
Director |
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ID Number: |
G6325269M |
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Address: |
Kamala, 19 A.G. Bell
Marg, MT. Pleasant Road, Malabar Hill, Mumbai-400006, India |
|
Nationality: |
American |
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Date of
Appointment: |
2007-7-3 |
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2 |
|
|
Name: |
Asha Dixit |
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Position: |
Director/
Secretary |
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ID Number: |
S2708916Z |
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Address: |
74 Trevose Crescent
Singapore 298086 |
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Nationality: |
Singapore
Citizen |
|
Date of
Appointment: |
2009-9-4 |
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3 |
|
|
Name: |
Jhaveri Chetan
Pravinchand |
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Position: |
Director |
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ID Number: |
Z1534945 |
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Address: |
Flt 8A 8/F Windsor
Tower Condominium Soi 20 Sukhumvit Rd Bangkok Thailand 10110 |
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Nationality: |
Indian |
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Date of
Appointment: |
2007-7-3 |
Offices
& Factories
|
|
Office |
|
Address: |
Operation
Information
· We contacted the subject unsuccessfully.
We
obtained the registered activities of the subject as follows for reference.
|
Business Code |
Details |
|
46900 |
General wholesale trade (including general
importers and exporters) |
|
64202 |
Other investment holding companies |
In Singapore,
Limited Exempt Private Companies are not obligated to submit their financial
statements to the local registry. We did not find the financials of subject
from the local registry, and from other source we cannot obtain the relevant
information, either.
The bankers’
information is not available from the subject or other sources.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.70 |
|
UK Pound |
1 |
Rs.86.28 |
|
Euro |
1 |
Rs.68.15 |
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.