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Report Date : |
17.07.2012 |
IDENTIFICATION DETAILS
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Name : |
SRICHAKRA STAR LIMITED |
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Registered Office : |
C/o OneStart Group Ltd. Unit 2001, 20/F., Mongkok Commercial Centre, |
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Country : |
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Date of Incorporation : |
15.04.2009 |
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Com. Reg. No.: |
50566347 |
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Legal Form : |
Private Limited Liability Company |
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Line of Business : |
Not Available |
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No. of Employees : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
No Operating Office In Hong Kong |
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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) |
|
Hong Kong |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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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 |
SRICHAKRA STAR LIMITED
Registered Office:-
c/o OneStart Group Ltd.
Unit 2001, 20/F., Mongkok Commercial Centre, 16 Argyle Street, Mongkok,
Kowloon, Hong Kong.
[Tel: 3575 6866
Fax: 3005 4265
E-mail: srichakrastarltd@gmail.com]
50566347
1332443
15th April, 2009.
Nominal Share Capital: HK$100,000.00 (Divided into 100,000 shares of
HK$1.00 each)
Issued Share Capital: HK$100,000.00
(As per registry dated 15-04-2012)
|
Name |
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No. of shares |
|
Chella Ganesh RAMASAMY |
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30,000 |
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Preya Vadhanaa THANGARAJ |
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70,000 |
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––––––– |
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Total: |
100,000 ====== |
(As per registry dated 15-04-2012)
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Name (Nationality) |
Address |
|
Preya Vadhanaa THANGARAJ |
New No. 48, Old No. 30, Mandapam Road, Kilpauk, Chennai 600010, Tamil
Nadu, India. |
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Chella Ganesh RAMASAMY |
Chellam Villas, Annai Parvathi Illam, No. 18 Masilla, Mani Puram, 3rd Street,
Tuticorin 628008, Tamil Nadu, India. |
(As per registry dated 15-04-2012)
|
Name |
Address |
Co. No. |
|
Jinetic Consultants Ltd. |
Room 2108, 21/F., CC Wu Building, 308 Hennessy Road, Wanchai,
Hong Kong. |
0965678 |
Srichakra Star Ltd. was incorporated on 15th April, 2009 as a private
limited liability company under the Hong Kong Companies Ordinance.
The subject does not have its own operating office. Its registered office is in a commercial
service firm located at Unit 2001, 20/F., Mongkok Commercial Centre, 16 Argyle
Street, Mongkok, Kowloon, Hong Kong known as OneStart Group Ltd. which is
handling its correspondences and documents.
The subject has no employees in Hong Kong.
According to the Companies Registry of Hong Kong, the subject has issued
100,000 ordinary shares of HK$1.00 each of which 30% are owned by
Mr. Chella Ganesh Ramasamy, 70% are owned by Preya Vadhanaa
Thangaraj. Both of whom are Indian and
they are India passport holders and do not have the right to reside in Hong
Kong permanently. They are also
directors of the subject. Currently they
are residing in India.
The subject’s lines of business are unknown since the secretarial firm
knows nothing about its business.
The directors of the subject cannot be reached as they are in India.
No information of the subject can be obtained from our secondary
sources.
The subject’s business in Hong Kong is not active. History in Hong Kong is just over three
years.
Since the subject does not have its own operating office and has no
employees in Hong Kong, consider it good for business engagements on L/C basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.92 |
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|
1 |
Rs.85.47 |
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Euro |
1 |
Rs.67.15 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 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.