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Report Date : |
03.05.2012 |
IDENTIFICATION DETAILS
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Name : |
AARRVE SOFT SOLUTIONS PTE. LTD. |
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Registered Office : |
269 d
Compassvale Link #12-89 |
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Country : |
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Date of Incorporation : |
27.04.2011 |
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Com. Reg. No.: |
201110098G |
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Legal Form : |
Private Limited Exempt Company |
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Line of Business : |
Providing of IT services |
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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 |
|
|
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 : |
New Company |
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Payment Behaviour : |
Unknown |
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Litigation : |
-- |
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) |
|
|
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
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: |
Aarrve Soft Solutions Pte. Ltd. |
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Supplied Name: |
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269D COMPASSVALE LINK #12-89 |
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Supplied
Address: |
269D Compassvale Link, #12-89 |
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Registered
Name: |
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Registered
Address: |
269D COMPASSVALE LINK #12-89 |
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Date
of Registration:: |
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Registered
Number: |
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Country
of Incorporation: |
Singapore |
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Registered
Capital: |
SGD
10,000.00 (USD 8,073.76) (As
of 2012.5, 1 SGD =0.80738 USD) |
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Paid-up
Capital: |
SGD
10,000.00 (USD 8,073.76)= 10,000 Shares@1 SGD |
|
Legal
Form: |
Private
Limited Exempt Company |
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Principal
Activities: |
Providing
of IT services |
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N/A |
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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: |
N/A |
Note:
Subject declined to disclose the staff number, and from other sources, we couldn’t obtain the information, either.
Subject was incorporated on
|
Subscription
Amount |
Proportion
of Investment (%) |
|
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KAPUGANTY VENKATRAO SUBBARAO |
1,000 |
10% |
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RAMESHKUMAR MANEKCHAND VERMA |
9,000 |
90% |
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Total |
10,000 |
100% |
Major Shareholder
Information:
|
1 |
|
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Name: |
KAPUGANTY VENKATRAO SUBBARAO |
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ID Number: |
S8065643B |
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Address: |
269D COMPASSVALE LINK #12-89 Singapore 544269 |
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Nationality: |
Singapore P.R. |
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2 |
|
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Name: |
RAMESHKUMAR MANEKCHAND VERMA |
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ID Number: |
Z1589535 |
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Address: |
A-101 Claridge Apts 3rd Cross Lane Samarth Nagar
Lokhandwala Complex Andheri (W) Mumbai 400053 |
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Nationality: |
Indian |
Detailed
Information of Management:
|
1 |
|
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Name: |
KAPUGANTY VENKATRAO SUBBARAO |
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Position: |
Director |
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ID Number: |
S8065643B |
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Address: |
269D COMPASSVALE LINK #12-89 Singapore 544269 |
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Nationality: |
Singapore P.R. |
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Date of Appointment: |
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2 |
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Name: |
KAPUGANTY VENKATRAO SUBBARAO |
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Position: |
Secretary |
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ID Number: |
S8065643B |
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Address: |
269D COMPASSVALE LINK #12-89 Singapore 544269 |
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Nationality: |
Singapore P.R. |
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Date of Appointment: |
|
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3 |
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Name: |
RAMESHKUMAR MANEKCHAND VERMA |
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Position: |
Director |
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ID Number: |
Z1589535 |
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Address: |
A-101 Claridge Apts 3rd Cross Lane Samarth Nagar
Lokhandwala Complex Andheri (W) Mumbai 400053 |
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Nationality: |
Indian |
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Date of Appointment: |
|
Offices
& Factories
|
|
Office |
|
Address: |
Production
Information
l
Subject is a provider of IT services without any
production activities
Sales
Information
l
Subject is mainly engaged in providing of IT
services for Infrastructure Management, Remote Infrastructure Management and Technology Services.
l
Subject introduced that its selling
territory covers all over the world, mainly Asia.
l
Subject declined to disclose more
details about it.
Subject declined to
disclose the settlements information, and from other sources, we couldn’t
obtain the information, either.
Since the subject is a newly established company, the current financial
information is not available from the subject or other sources.
Open
Account Bank
Subject declined to disclose the settlements information, and from other
sources, we couldn’t obtain the information, either.
Note:
The staff declined
to disclose her name.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.93 |
|
UK Pound |
1 |
Rs.85.85 |
|
Euro |
1 |
Rs.69.94 |
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 |
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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 |
|
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.