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Report Date : |
22.05.2012 |
IDENTIFICATION DETAILS
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Name : |
ASTER GLOBAL SERVICES LTD |
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Registered Office : |
St. Louise Business Center Cnr
Desroches & |
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Country : |
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Date of Incorporation : |
12.10.2006 |
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Com. Reg. No.: |
C066026 |
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Legal Form : |
Limited Corporation |
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Line of Business : |
Providers of Turnkey Projects for Telecom Mobile Operators, Supply of Telecom Towers and Shelters, Supply of Transmission line Towers, Pre-Engineered Metal Building Systems for Warehouses |
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No. of Employees : |
02 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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) |
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Mauritius |
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 |
Registered Name: Aster
Global Services Ltd
Requested Name: Aster
Global Services Ltd
Other Names: None
Physical Address: St. Louise Business Center Cnr
Desroches & St. Louis Streets
Postal Address: C/O
Kross Border Trust Services Limited, St Louis Business Centre, Cnr Desroches
& St
Louis Street Port Louis
Country: Mauritius
Phone: +230-2031100/
+230-9875419
Fax: +230-2031150
Email: ibo@aster.in
Website: None
Financial Index as of December 2011 shows subject firm with a medium
risk of credit.
Legal Form: Limited Corporation
GLOBAL BUSINESS CATEGORY 1
Date Incorporated: 12/10/2006
Reg. Number: C066026
Mauritius
Nominal Capital RS. 100,000
Subscribed Capital RS. 100,000
Subscribed Capital is Subscribed in the following form:
Position Shares
Srinivasa Prasad Director
Sheshadri Raman Director
Aster Private
Limited, Hyderabad, India Holding Co 100%
Aster Private Limited, Hyderabad, India Parent company.
None Subsidiary company.
Aster Global Services
(Tanzania) Limited
Aster Global Services
(Kenya) Limited
Aster Global Services
(Cameroon) Limited
Aster Infrastructure Services Limited Nigeria Affiliated company.
None Shareholder of subject firm.
None Branches of the firm
Registered to operate as Providers of Turnkey Projects for Telecom
Mobile Operators, Supply of Telecom Towers and Shelters, Supply of Transmission
line Towers, Pre-Engineered Metal Building Systems for Warehouses
Imports: Middle
East
Exports: Asia
Trademarks: None
Terms of sale: Cash
(40%) and 30 days (60%), invoices.
Main Customers: firms
and organizations
Employees: 2
employees.
Vehicles: Several
motor vehicles.
Territory of
sales: Mauritius
Location: Rented
premises, 1,500 square feet,
Auditors: Information not available.
Insurance
Brokers: Information not available.
Currency Reported: Mauritius Rupees (RS.)
Approx. Ex. Rate: 1 US Dollar = 32 Mauritius Rupees
Fiscal Year End: December
31, 2011
Inflation: According
to information given by independent sources, the
inflation
at December 31st, 2011 was of 13%.
Financial
Information not Submitted
Profit and Loss (expressed in RS.)
2011
Sales 142,000,000
Bank Name: Barclays Bank
Comments: None
Experiences: Good
None
This
information was obtained from outside sources other than the subject company
itself and confirmed the above subject.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.54.68 |
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UK Pound |
1 |
Rs.86.52 |
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Euro |
1 |
Rs.69.86 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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 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.