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Report Date : |
26.03.2012 |
IDENTIFICATION DETAILS
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Name : |
ADROIT OVERSEAS PTE. LTD. |
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Registered Office : |
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Country : |
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Date of Incorporation : |
19.02.2010 |
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Com. Reg. No.: |
201003640K |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Selling of agriculture commodities, such as Beans & Pulses, Rice, Wheat, Sugar, Corn, yellow maize, Soya Bean meal, Rape Seed Meal, Heavy metal Scrap etc. |
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No. of Employees : |
About 10 Employees |
RATING & COMMENTS
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MIRAs 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 : |
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 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 |
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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 |
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Company Name: |
Adroit Overseas
Pte. Ltd. |
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Supplied Name: |
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101 Cecil Street, #11-08, Tong Eng Building Singapore 069533. |
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Supplied
Address: |
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Fax Number: |
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Notes:
The accurate name and
address are shown as above.
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Registered Name: |
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Registered
Address: |
101 Cecil Street, #11-08, Tong Eng Building Singapore 069533. |
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Date of
Registration:: |
2010-02-19 |
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Registered Number: |
201003640K |
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Country of
Incorporation: |
Singapore |
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Registered
Capital: |
SGD 400,000(USD
316,563) (As of 2012.03,
1 SGD =0.79141 USD) |
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Paid-up Capital: |
SGD 400,000(USD
316,563) |
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Legal Form: |
Private Limited
Exempt Company |
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Principal Activities: |
Selling of agriculture commodities, such as Beans &
Pulses, Rice, Wheat, Sugar, Corn, yellow maize, Soya Bean meal, Rape Seed
Meal, Heavy metal Scrap etc. |
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About 10 Employees |
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Status: |
Live Company |
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Listed at Stock
Exchange: |
No |
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Date of Last
Annual Return: |
2011-08-08 |
Notes:
Subject declined
to disclose its staff number; from other source we obtained the staff
information which was shown as above, and subject declined to confirm it,
either.
Subject was incorporated on 2010-02-19 with registered number 201003640K as
Private Limited Exempt Company in Singapore.
|
Subscription Amount |
Proportion of Investment (%) |
|
|
Jain Mukesh
Kumar |
200,000 |
50 |
|
Jain Suman |
100,000 |
25 |
|
Yogesh Raipuria |
100,000 |
25 |
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Total |
400,000 |
100 |
Major Shareholder
Information:
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1 |
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Name: |
Jain Mukesh
Kumar |
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ID Number: |
S8061047E |
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Address: |
20 Simei Street
1 #04-02 Melville Park Singapore 529944 |
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Nationality: |
Singapore P.R. |
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2 |
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Name: |
Jain Suman |
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ID Number: |
S8185535H |
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Address: |
20 Simei Street
1 #04-02 Melville Park Singapore 529944 |
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Nationality: |
Singapore P.R. |
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3 |
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Name: |
Yogesh Raipuria |
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ID Number: |
Z1349185 |
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Address: |
#52, 7428-14TH
Avenue, Burnaby (Vancouver), Bc V3n 0c2, Can |
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Nationality: |
Indian |
Detailed
Information of Management:
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1 |
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Name: |
Ravi Kasturi |
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Position: |
Secretary |
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ID Number: |
S2651015E |
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Address: |
124 Mcnair Road,
#06-33, Singapore 320124 |
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Nationality: |
Singapore
Citizen |
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Date of
Appointment: |
2011-05-31 |
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2 |
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Name: |
Jain Mukesh
Kumar |
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Position: |
Director |
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ID Number: |
S8061047E |
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Address: |
20 Simei Street
1, #04-02, Melville Park, Singapore 529944 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
2010-02-19 |
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3 |
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Name: |
Jain Suman |
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Position: |
Director |
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ID Number: |
S8185535H |
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Address: |
20 Simei Street
1, #04-02, Melville Park Singapore 529944 |
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Nationality: |
Singapore P.R. |
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Date of
Appointment: |
2010-02-19 |
Offices
& Factories
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|
Office |
|
Address: |
101 Cecil Street, #11-08, Tong Eng Building Singapore 069533. |
Production
Information
l
Subject is mainly engaged in selling of agriculture commodities, such as Beans & Pulses, Rice, Wheat, Sugar,
Corn, yellow maize, Soya Bean meal, Rape Seed Meal, Heavy metal Scrap etc.
l
The subject declined to provide the information
about whether the products are made by itself or not.
Purchase
l
Subject declined to provide the information about
whether the products are purchase from the domestic market or the oversea
market.
l
Subject is mainly engaged in selling of agriculture commodities, such as Beans & Pulses, Rice, Wheat, Sugar,
Corn, yellow maize, Soya Bean meal, Rape Seed Meal, Heavy metal Scrap etc.
l
Subject both sells the products to the domestic
market and oversea market.
l
Subject confirmed the
above information, but declined to provide further information about it.
From other
sources, we have obtained the information as following:
l
Subject manufactures
paraffin wax.
l
Subject is into trading
business of all type of peas, lentils and pulses from various sourcing
countries which include Australia, Canada, USA, Ukraine, Myanmar, Turkey and
Tanzania.
l
Major markets the subject
deals in are India, China, Pakistan, Bangladesh, Sri Lanka and United Arab
Emirates.
l
However, subject declined to
confirm the above information.
Purchase
Subject declined
to provide the information about purchasing.
Domestic Markets
|
Sales Terms |
Proportion |
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Agriculture commodities, such as Beans &
Pulses, Rice, Wheat, etc. |
COD, etc |
100% |
Overseas Markets
|
Product |
Sales Terms |
Proportion |
|
Agriculture commodities, such as Beans & Pulses,
Rice, Wheat, etc. |
CBD, etc |
100% |
In Singapore,
Private Limited Exempt Companies are not obligated to submit their financial
statements to the local registry. The subject also declined to disclose such information
due to the confidentiality reason.
|
Name: |
S. RENGANATHAN
& CO. |
|
Name: |
Ms. Nura |
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E-mail: |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.90 |
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|
1 |
Rs.80.77 |
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Euro |
1 |
Rs.67.40 |
RATING EXPLANATIONS
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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 |
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<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.