MIRA INFORM REPORT

 

 

Report Date :

02.04.2013

 

IDENTIFICATION DETAILS

 

Name :

WIPRO LIMITED - SINGAPORE BRANCH

 

 

Registered Office :

31 Cantonment Road Singapore 089747

 

 

Country :

Singapore

 

 

Financials (as on) :

31.03.2010

 

 

Date of Incorporation :

21.04.1997

 

 

Com. Reg. No.:

S97FC5319K

 

 

Legal Form :

Foreign Company Registered In Singapore

 

 

Line of Business :

Development of other software and programming activities

Retail sale of computer hardware and accessories and computer software (except games)

 

 

No. of Employees :

Not Available 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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


 

Status :

Good

Payment Behaviour :

No Complaints

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Singapore

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Singapore - ECONOMIC OVERVIEW

 

Singapore has a highly developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports, particularly in consumer electronics, information technology products, pharmaceuticals, and on a growing financial services sector. Real GDP growth averaged 8.6% between 2004 and 2007. The economy contracted 1.0% in 2009 as a result of the global financial crisis, but rebounded 14.8% in 2010 and 4.9% in 2011, on the strength of renewed exports. Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity, which has sunk to a compound annual growth rate of just 1.8% in the last decade. Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia's financial and high-tech hub.

 

Source : CIA

 

 

 

 

Company Name:

Registered Number:

WIPRO LIMITED (SINGAPORE BRANCH)

S97FC5319K

 

Date Incorporated:

Registered Office:

Telephone Number:

21/04/1997

31 CANTONMENT ROAD SINGAPORE 089747

62252244

Age of Company:

Website:

Industry Type:

15

NA

COMMERCE-WHOLESALE

 

Risk Dashboard

Days Beyond Terms

Trend:

No. of Litigation Counts:

Company DTC:

1

70

Better than last month;last month the entity took 20 days to pay

No. of Charges(s):
0

Industry DTC

 

25

 

Directors

 

Corporate Structure

Number of Current Directors

NA

Holding Company:

NA

Number that are shareholders

NA

No. of Subsidiaries & Associated Companies:

NA

 


EXECUTIVE SUMMARY

 

Company Name

:

WIPRO LIMITED (SINGAPORE BRANCH)

Registration No

:

S97FC5319K

Date of Registration

:

21/04/1997

Former Name

:

NA

Date of Change of Name

:

NA

Type of Company

:

FOREIGN COMPANY REGISTERED IN SINGAPORE

Registered Address

:

31 CANTONMENT ROAD SINGAPORE 089747

Date of Change of Address

:

28/04/1997

Contact No.

:

62252244

Fax No.

:

62261313

Website

:

NA

Registered Activities

:

1. DEVELOPMENT OF OTHER SOFTWARE AND PROGRAMMING ACTIVITIES NEC

2. RETAIL SALE OF COMPUTER HARDWARE AND ACCESSORIES AND COMPUTER SOFTWARE (EXCEPT GAMES)

Issued Ordinary Capital*

:

NA

Issued Preference Capital

:

NA

Paid-Up Ordinary Capital

:

NA

Paid-Up Preference Capital

:

NA

* Number of Shares includes number of Issued Treasury Shares

Issued Treasury Capital

:

NA

Paid-Up Treasury Capital

:

NA

No. of Local Subsidiaries

:

NA

No. of Local Associates

:

NA

Auditor

:

NA

Bankers / Financiers

:

NA

Turnover

:

SGD - SIN 106,519,610.00 (FY2010)

Net Worth

:

SGD - SIN 3,255,018.00 (FY2010)

No. of Bank Charges

:

NA

No. of Litigation Suits

:

1

S1000 / SME 1000 / FG50 Ranking

:

No found for SINGAPORE 1000 and SME 1000

Compounded Annual Growth Rate (CAGR)

:

6.42% (4 years)

 

 

SHAREHOLDER DETAILS

 

No Trace                                         

                                                      

 

OFFICER DETAILS

 

NAME

:

MAYA DEVI D/O S. RENGANATHAN

ADDRESS

:

465 CHOA CHU KANG AVENUE 4 #10-11 SINGAPORE 680465

POSITION

:

AGENT

DATE OF APPT

:

01/05/2003

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S1248652I

 

NAME

:

KRISHNAMURTHY SEKAR

ADDRESS

:

3 DUNKIRK AVENUE DUNEARN ESTATE SINGAPORE 299505

POSITION

:

AGENT

DATE OF APPT

:

23/05/2012

NATIONALITY

:

SINGAPORE CITIZEN

I/C PASSPORT

:

S2571767H

 

 

KEY PERSONNEL PROFILE

 

Name:

MAYA DEVI D/O S. RENGANATHAN

NRIC Number:

S1248652I

Available Address:

465 CHOA CHU KANG AVENUE 4 #10-11  SINGAPORE 680465

 

Current Business Interest

No.

Name

Position

Appt Date

#of Share

%

1

A-POH KITCHEN PTE. LTD.

SECRETARY

06/08/2010

-

-

2

ACCELY PTE. LTD.

SECRETARY

07/10/2011

-

-

3

ADGLOBAL360 PTE. LTD.

SECRETARY

22/03/2010

-

-

4

ADRIAN TAN NEUROLOGY PRACTICE PTE. LTD.

SECRETARY

06/02/2012

-

-

5

AESTHETIX AUDIO VIDEO PTE. LTD.

SECRETARY

15/04/2011

-

-

6

AGRIPRO HOLDINGS PRIVATE LIMITED

DIRECTOR

01/10/2011

-

-

7

AIR DRILLING ASSOCIATES PTE. LTD.

DIRECTOR

07/05/2010

-

-

8

AIR DRILLING ASSOCIATES PTE. LTD.

SECRETARY

11/02/2010

-

-

9

AL MAHMOOD INVESTMENT HOLDINGS PTE. LTD.

DIRECTOR

05/03/2010

-

-

10

ALAIN FIGARET (S'PORE) PTE LTD

DIRECTOR

12/03/2012

-

-

11

ALARIS PHARMACEUTICALS PTE. LTD.

DIRECTOR

24/05/2007

-

-

12

ALARIS PHARMACEUTICALS PTE. LTD.

SECRETARY

30/10/2006

-

-

13

ARAFEEN TRANS SHIPPING &TRADING PTE. LTD.

DIRECTOR

29/03/2010

-

-

14

ARNOLD, RATHBONE & COMPANY PRIVATE LIMITED

SECRETARY

27/07/2011

-

-

15

ARTS THEATRE OF SINGAPORE LTD

SECRETARY

30/07/2010

-

-

16

ASIA ENERGY VENTURES PTE. LTD.

DIRECTOR

07/07/2010

-

-

17

ASIA ENERGY VENTURES PTE. LTD.

SECRETARY

07/07/2010

-

-

18

ASRK INTERNATIONAL PTE. LTD.

DIRECTOR

04/05/2011

-

-

19

ASRK INTERNATIONAL PTE. LTD.

SECRETARY

04/05/2011

-

-

20

AUM ENERGY PTE. LTD.

SECRETARY

10/06/2010

-

-

21

AVIT CONVERGENCE TECHNOLOGIES (PTE. LTD.)

SECRETARY

30/05/2012

-

-

22

BANISONS & ASSOCIATES PTE. LTD.

SECRETARY

23/11/2011

-

-

23

BATAM OILFIELD SUPPLY SERVICES PTE. LTD.

SECRETARY

09/02/2009

-

-

24

BERGEN OFFSHORE LOGISTICS PTE. LTD.

DIRECTOR

28/10/2009

-

-

25

BEST INDUSTRIAL MANUFACTURING PTE. LTD.

SECRETARY

06/12/2010

-

-

26

BLUE GINGER INTERNATIONAL PTE. LTD.

DIRECTOR

31/03/2009

-

-

27

BLUE GINGER INTERNATIONAL PTE. LTD.

SECRETARY

31/03/2009

-

-

28

BRENT CATERING AND RESTAURANTS PTE. LTD.

SECRETARY

11/08/2011

-

-

29

BRINKS SOVEREIGN INTERNATIONAL PTE. LTD.

DIRECTOR

19/09/2012

-

-

30

BRINKS SOVEREIGN INTERNATIONAL PTE. LTD.

SECRETARY

19/09/2012

-

-

31

BRITCO AGENCIES PTE. LTD.

DIRECTOR

18/01/2011

1

100.00

32

CHANG THONG PTE. LTD.

DIRECTOR

17/03/2011

-

-

33

CHANG THONG PTE. LTD.

SECRETARY

17/03/2011

-

-

34

CONSTRUCTION MINING SOLUTIONS PTE. LTD.

DIRECTOR

13/02/2007

-

-

35

COOMBS ASSOCIATES INTERIOR DESIGN PTE. LTD.

SECRETARY

13/09/2011

-

-

36

CRESO ASIA PRIVATE LIMITED

SECRETARY

16/01/2009

-

-

37

DAFFODILS & TULIPS HOLDINGS PTE. LTD.

SECRETARY

06/03/2012

-

-

38

DAFFODILS INVESTMENT CONSULTING PTE. LTD.

DIRECTOR

19/06/2012

-

-

39

DAFFODILS INVESTMENT CONSULTING PTE. LTD.

SECRETARY

19/06/2012

-

-

40

DARESH INTERNATIONAL PTE. LTD.

SECRETARY

27/12/2010

-

-

41

DAYO PETRO SINGAPORE PTE. LTD.

DIRECTOR

08/04/2008

-

-

42

DE IR PTE. LTD.

SECRETARY

07/02/2012

-

-

43

DELTA BIOTECH PTE. LTD.

DIRECTOR

19/01/2012

-

-

44

DELTA BIOTECH PTE. LTD.

SECRETARY

19/01/2012

-

-

45

DELTA TECHNOLOGY GLOBAL PTE. LIMITED

SECRETARY

16/09/2011

-

-

46

DENNIS LIM SURGERY PTE. LTD.

SECRETARY

02/12/2009

-

-

47

DNR PTE. LTD.

SECRETARY

17/06/2010

-

-

48

EDGWARE INVESTMENTS PTE. LTD.

DIRECTOR

16/02/2011

-

-

49

ENTRUST HEALTHCARE PTE. LTD.

SECRETARY

06/10/2009

-

-

50

ESQUIRE CONSULTING PTE. LTD.

SECRETARY

01/08/2010

-

-

51

EXPRESSION MUSIC INTERNATIONAL PTE. LTD.

SECRETARY

21/10/2010

-

-

52

FINANCIAL TECHNOLOGIES (INDIA) LIMITED

AGENT

05/02/2004

-

-

53

FLAME TREE INVESTMENTS PTE. LTD.

SECRETARY

09/10/2012

-

-

54

FRY VEGE FOODS PTE. LTD.

SECRETARY

23/09/2010

-

-

55

FUNN HOLDINGS PTE. LTD.

SECRETARY

04/05/2012

-

-

56

FUTRONIX TECHNOLOGY PTE LTD

SECRETARY

04/04/2011

-

-

57

G CHAN CONSULTANCY PTE. LTD.

SECRETARY

02/11/2009

-

-

58

G7 INFOTECH PTE. LIMITED

DIRECTOR

30/09/2010

-

-

59

GDC INTERNATIONAL PTE. LTD.

DIRECTOR

29/03/2012

-

-

60

GDC INTERNATIONAL PTE. LTD.

SECRETARY

29/03/2012

-

-

61

GENESIS INTEGRATED COMMUNICATIONS TECHNOLOGY PTE. LTD.

DIRECTOR

29/05/2012

-

-

62

GENESIS INTEGRATED COMMUNICATIONS TECHNOLOGY PTE. LTD.

SECRETARY

29/05/2012

-

-

63

GLOBAL MARKETING FZE PTE. LTD.

SECRETARY

22/03/2012

-

-

64

GLOBAL MEDIA MARKETING SERVICES PTE. LTD.

SECRETARY

13/03/2012

-

-

65

GLOBAL OUTSOURCERS PTE. LTD.

SECRETARY

08/01/2009

-

-

66

GOLDEN HEIGHTS PTE. LTD.

SECRETARY

31/12/2010

-

-

67

GREEN INFRASTRUCTURE &TECHNOLOGIES PTE. LTD.

SECRETARY

26/04/2005

-

-

68

GRIFFIN PETROPRODUCTS (SINGAPORE) PTE. LTD.

DIRECTOR

05/06/2009

-

-

69

HAPPY DAY TANG TRADING PTE. LTD.

DIRECTOR

18/11/2010

-

-

70

HAPPY DAY TANG TRADING PTE. LTD.

SECRETARY

18/11/2010

-

-

71

HASHVINI CORPORATE SERVICES PTE LTD

DIRECTOR

31/03/2003

-

-

72

HASHVINI CORPORATE SERVICES PTE LTD

SECRETARY

05/06/2012

-

-

73

HEALTHCARE AND WELLNESS CORPORATION PTE. LTD.

SECRETARY

01/06/2010

-

-

74

HILL AVIATION PTE. LTD.

SECRETARY

09/04/2010

-

-

75

HITANSH GLOBAL VISCOSCE PRIVATE LIMITED

DIRECTOR

01/10/2009

-

-

76

HULL MARINE PTE. LTD.

SECRETARY

18/08/2009

-

-

77

IMFINITY PTE. LTD.

SECRETARY

20/07/2009

-

-

78

IMS SHIPPING PTE LTD

DIRECTOR

16/03/2012

-

-

79

INBEST ONE PTE. LTD.

SECRETARY

21/03/2012

-

-

80

INDO SINTRA INTERNATIONAL PTE LTD

SECRETARY

20/10/2010

-

-

81

INFONET NETWORK SYSTEMS (SINGAPORE) PRIVATE LIMITED

SECRETARY

27/08/2008

-

-

82

INTERIOR ARTWORK PTE. LTD.

SECRETARY

15/06/2012

-

-

83

INTERNATIONAL BELLO MODELS MANAGEMENT PTE. LTD.

DIRECTOR

29/03/2012

-

-

84

INTERNATIONAL BELLO MODELS MANAGEMENT PTE. LTD.

SECRETARY

29/03/2012

-

-

85

JASUKA (S) PTE. LIMITED

SECRETARY

18/04/2008

-

-

86

JNIE SINGAPORE PTE. LTD.

SECRETARY

01/09/2008

-

-

87

JOS MARINE INDUSTRIAL SERVICES PTE. LTD.

SECRETARY

14/07/2011

-

-

88

KAMAKA GROUP PTE. LTD.

SECRETARY

21/06/2012

-

-

89

KINGS GLOBAL PTE. LTD.

DIRECTOR

04/12/2008

-

-

90

KINGS GLOBAL PTE. LTD.

SECRETARY

04/12/2008

-

-

91

KR DENTAL CONSULTANCY PTE. LTD.

SECRETARY

05/06/2009

-

-

92

LE AMBIT INVESTMENTS PTE. LTD.

DIRECTOR

04/03/2010

-

-

93

LION ALKALINE WATER (S) PTE. LTD.

SECRETARY

16/12/2011

-

-

94

LIQUID MANAGEMENT PTE. LTD.

DIRECTOR

03/02/2010

-

-

95

MAGNUM IT SOLUTIONS PTE. LTD.

DIRECTOR

25/07/2012

-

-

96

MAGNUM IT SOLUTIONS PTE. LTD.

SECRETARY

25/07/2012

-

-

97

MAMMOTH HOLDINGS PTE LTD

DIRECTOR

23/03/2008

-

-

98

MAMMOTH HOLDINGS PTE LTD

SECRETARY

23/03/2008

-

-

99

MDS MANAGEMENT CONSULTANTS PTE. LTD.

DIRECTOR

03/10/2008

-

-

100

MDS MANAGEMENT CONSULTANTS PTE. LTD.

SECRETARY

03/10/2008

-

-

101

MEDIAAGILITY PTE. LTD.

SECRETARY

05/07/2010

-

-

102

MHD-ROCKLAND INTERNATIONAL PTE. LTD.

SECRETARY

17/08/2010

-

-

103

MIDTOWN INVESTMENTS PTE. LTD.

SECRETARY

05/03/2010

-

-

104

MMT WELDING PTE. LTD.

SECRETARY

27/07/2012

-

-

105

MY SKIN SECRET PTE. LTD.

SECRETARY

29/06/2009

-

-

106

NCI GLOBAL PTE. LIMITED

DIRECTOR

24/08/2011

-

-

107

NCI GLOBAL PTE. LIMITED

SECRETARY

24/08/2011

-

-

108

NDC PTE. LTD.

DIRECTOR

21/07/2010

-

-

109

NDC PTE. LTD.

SECRETARY

21/07/2010

-

-

110

NEOTERIC PTE. LTD.

DIRECTOR

07/05/2009

-

-

111

NEW LIFE WORLD PTE. LTD.

DIRECTOR

31/01/2011

-

-

112

NEW LIFE WORLD PTE. LTD.

SECRETARY

31/01/2011

-

-

113

NEW TIAN HOPE TRADING PTE. LTD.

DIRECTOR

01/01/2011

-

-

114

NEW TIAN HOPE TRADING PTE. LTD.

SECRETARY

30/11/2010

-

-

115

NEWWICKER PTE. LTD.

SECRETARY

02/11/2009

-

-

116

NK GROUP PTE. LTD.

SECRETARY

21/01/2009

-

-

117

NND PTE. LTD.

SECRETARY

23/03/2010

-

-

118

NORSEA GLOBAL OFFSHORE PRIVATE LIMITED

DIRECTOR

18/10/2006

-

-

119

OCB OILFIELD SERVICES PTE. LTD.

DIRECTOR

10/11/2011

-

-

120

OCB OILFIELD SERVICES PTE. LTD.

SECRETARY

10/11/2011

-

-

121

ON DEMAND AGILITY SOLUTIONS PTE. LTD.

SECRETARY

03/01/2011

-

-

122

ONE POINT MEDIA PTE. LTD.

SECRETARY

12/02/2010

-

-

123

ONE STOP MARINE PTE. LTD.

DIRECTOR

12/11/2009

-

-

124

ONNET INTERNATIONAL PTE. LTD.

DIRECTOR

18/12/2007

-

-

125

ONNET INTERNATIONAL PTE. LTD.

SECRETARY

18/12/2007

-

-

126

OSPYN TECHNOLOGIES PTE. LTD.

SECRETARY

15/02/2012

-

-

127

OXALIS OILFIELD SERVICES PTE. LTD.

SECRETARY

24/08/2009

-

-

128

P V S MARINE PTE. LTD.

SECRETARY

16/10/2008

-

-

129

PALVIN PTE. LTD.

SECRETARY

05/10/2011

-

-

130

PALVIN SERVICES PTE. LTD.

SECRETARY

05/10/2011

-

-

131

PANLLOYD SHIPPING LINE PTE. LTD.

DIRECTOR

23/08/2012

-

-

132

PANLLOYD SHIPPING LINE PTE. LTD.

SECRETARY

23/08/2012

-

-

133

PENTRIDGE HOLDINGS PRIVATE LIMITED

SECRETARY

27/07/2011

-

-

134

PETROFINAZ PTE. LTD.

DIRECTOR

27/08/2012

-

-

135

PETROFINAZ PTE. LTD.

SECRETARY

27/08/2012

-

-

136

PH ASSOCIATES PTE. LTD.

SECRETARY

19/03/2010

-

-

137

PHARMA DISTRIBUTORS (S) PTE. LTD.

SECRETARY

13/02/2012

-

-

138

PIC TRADING INDIA PTE. LTD.

SECRETARY

29/04/2011

-

-

139

PLANET PSG PTE LTD

DIRECTOR

27/03/2012

-

-

140

POWER SOL PTE. LTD.

DIRECTOR

12/12/2011

-

-

141

POWER SOL PTE. LTD.

SECRETARY

12/12/2011

-

-

142

POWERLIFE TUITION CENTRE PTE. LTD.

SECRETARY

30/04/2010

-

-

143

PURIX INTERNATIONAL PTE. LTD.

DIRECTOR

19/09/2011

-

-

144

PURIX INTERNATIONAL PTE. LTD.

SECRETARY

19/09/2011

-

-

145

QBIT SOLUTIONS PTE. LTD.

SECRETARY

24/08/2011

-

-

146

QU HUAN ZHANG BAI YAO CORPORATION PTE. LTD.

SECRETARY

07/03/2009

-

-

147

RADHA HOLDINGS PTE. LTD.

SECRETARY

14/12/2011

-

-

148

REAL FRESH INTERNATIONAL PTE. LTD.

DIRECTOR

10/06/2008

-

-

149

REAL FRESH INTERNATIONAL PTE. LTD.

SECRETARY

10/06/2008

-

-

150

REITZ SOUTH EAST ASIA PTE. LTD.

DIRECTOR

05/11/2009

-

-

151

RIVOLU PTE. LTD.

DIRECTOR

27/08/2010

-

-

152

RIVOLU PTE. LTD.

SECRETARY

27/08/2010

-

-

153

ROLSON TOOLS (SG) PTE. LTD.

DIRECTOR

15/09/2011

-

-

154

ROLSON TOOLS (SG) PTE. LTD.

SECRETARY

15/09/2011

-

-

155

RUBICON DRINKS INTERNATIONAL PTE. LIMITED

DIRECTOR

18/09/2012

-

-

156

RUBICON DRINKS INTERNATIONAL PTE. LIMITED

SECRETARY

18/09/2012

-

-

157

RUSSEL HOLDINGS PTE. LTD.

DIRECTOR

15/02/2011

-

-

158

S.S.E. MARINE PTE LTD

SECRETARY

26/03/2010

-

-

159

SALAY PTE. LTD.

SECRETARY

26/07/2011

-

-

160

SASHI & SARDOOL ASSOCIATES PTE. LTD.

SECRETARY

07/10/2011

-

-

161

SAV OVERSEAS PTE. LTD.

SECRETARY

20/02/2012

-

-

162

SB TRADE SERVICES PTE. LTD.

DIRECTOR

13/01/2011

-

-

163

SB TRADE SERVICES PTE. LTD.

SECRETARY

13/01/2011

-

-

164

SCANLAN AND ASSOCIATES PTE. LTD.

SECRETARY

13/04/2009

-

-

165

SCORPIO SHIPPING (SINGAPORE) PTE. LTD.

SECRETARY

29/06/2010

1

100.00

166

SERIOUS STAGING PTE. LTD.

DIRECTOR

28/05/2012

1

50.00

167

SHAMROCK CHEMIE PTE. LTD.

DIRECTOR

16/03/2012

-

-

168

SHANK INFOSYS PTE. LTD.

SECRETARY

24/02/2010

-

-

169

SHINERS FACILITIES PTE. LTD.

SECRETARY

03/03/2009

-

-

170

SHRESH INTERNATIONAL PTE. LTD.

DIRECTOR

01/10/2009

-

-

171

SIDDHARTA RESORT & FOODS (SINGAPORE) PRIVATE LIMITED

DIRECTOR

11/02/2011

-

-

172

SIDDHARTA RESORT & FOODS (SINGAPORE) PRIVATE LIMITED

SECRETARY

11/02/2011

-

-

173

SIMED IDEAS PTE. LTD.

DIRECTOR

25/03/2012

-

-

174

SINGAPORE FMCG WHOLESALE PTE. LTD.

SECRETARY

02/11/2009

-

-

175

SINOCHEM PTE. LTD.

SECRETARY

22/10/2010

-

-

176

SIV ASSOCIATES INTERNATIONAL PTE. LTD.

DIRECTOR

02/11/2009

-

-

177

SKD CONSULTANTS PTE. LTD.

SECRETARY

04/07/2011

-

-

178

SMC CONSULTING PTE. LTD.

SECRETARY

02/03/2012

-

-

179

SNS PTE. LTD.

SECRETARY

10/10/2011

-

-

180

STAMPLAS PRECISION PTE. LTD.

SECRETARY

09/07/2008

-

-

181

SUBSEA CONSTRUCTION EQUIPMENT PTE. LTD.

DIRECTOR

10/02/2012

-

-

182

SUBSEA CONSTRUCTION EQUIPMENT PTE. LTD.

SECRETARY

10/02/2012

-

-

183

SUJIT SINGH GILL PTE. LTD.

SECRETARY

06/05/2010

-

-

184

SURAKSHA TECHNOLOGIES PTE. LTD.

DIRECTOR

17/03/2011

-

-

185

SURAKSHA TECHNOLOGIES PTE. LTD.

SECRETARY

17/03/2011

-

-

186

SVA ENTERPRISES PTE. LTD.

DIRECTOR

16/11/2009

-

-

187

SWISS MARITIME PTE. LTD.

SECRETARY

13/02/2012

-

-

188

TEH MANAGEMENT SERVICES PTE. LTD.

DIRECTOR

30/03/2004

-

-

189

TEJIN INVESTMENTS PTE. LTD.

DIRECTOR

14/09/2010

-

-

190

TEJIN INVESTMENTS PTE. LTD.

SECRETARY

14/09/2010

-

-

191

TERA VAULT PTE. LTD.

DIRECTOR

29/06/2011

-

-

192

TERA VAULT PTE. LTD.

SECRETARY

29/06/2011

-

-

193

TOKYO CONSULTING FIRM CO., PTE. LTD.

DIRECTOR

08/04/2011

-

-

194

TRANSMED INTERNATIONAL PTE. LTD.

DIRECTOR

16/09/2008

-

-

195

TRANSMED INTERNATIONAL PTE. LTD.

SECRETARY

16/09/2008

-

-

196

UDELE AND COY PTE. LTD.

SECRETARY

11/12/2007

-

-

197

UNIVERSO ASIA PTE. LTD.

SECRETARY

28/09/2011

-

-

198

UST GLOBAL (SINGAPORE) PTE. LIMITED

DIRECTOR

11/12/2007

-

-

199

VINSIGHT MARITIME (S) PTE. LTD.

SECRETARY

10/08/2010

-

-

200

VOGUESTOCK GLOBAL SECURITIES PTE. LTD.

DIRECTOR

19/07/2007

-

-

201

WEP SOLUTIONS INDIA LIMITED (SINGAPORE BRANCH)

AGENT

20/06/2008

-

-

202

WEST CO'Z CAFE PTE. LTD.

SECRETARY

08/01/2009

-

-

203

WIPRO LIMITED (SINGAPORE BRANCH)

AGENT

01/05/2003

-

-

204

WIPRO NETWORKS PTE. LIMITED

DIRECTOR

27/03/2012

-

-

205

WIPRO SINGAPORE PTE. LIMITED

DIRECTOR

27/03/2012

-

-

206

WIPRO UNZA HOLDINGS LIMITED

DIRECTOR

27/03/2012

-

-

207

WIPRO UNZA HOLDINGS LIMITED

SECRETARY

30/04/2008

-

-

208

WISMASOFT PTE. LTD.

SECRETARY

26/09/2008

-

-

209

XIN FEI MENG PTE. LTD.

DIRECTOR

24/01/2011

-

-

210

XIN FEI MENG PTE. LTD.

SECRETARY

24/01/2011

-

-

211

XIN LI PTE. LTD.

DIRECTOR

18/11/2010

-

-

212

XIN LI PTE. LTD.

SECRETARY

18/11/2010

-

-

213

ZLINE SHIPPING PTE. LTD.

DIRECTOR

27/06/2007

-

-

214

ZLINE SHIPPING PTE. LTD.

SECRETARY

15/12/2008

-

-

 

Previous Business

No.

Name

 

 

Status

Position

Appt Date

Last Known Inactive Date

1

7 STAR TECHNOLOGIES PTE. LTD.

GAZETTED TO BE STRUCK OFF

DIRECTOR

26/07/2011

-

2

7 STAR TECHNOLOGIES PTE. LTD.

GAZETTED TO BE STRUCK OFF

SECRETARY

26/07/2011

-

3

ABITARE DESIGN RESOURCES PTE. LTD.

LIVE COMPANY

SECRETARY

08/01/2008

05/10/2012

4

ADVANTEX MERCHANDISING PTE LTD

STRUCK OFF

DIRECTOR

31/03/2003

31/03/2003

5

ADVANTEX MERCHANDISING PTE LTD

STRUCK OFF

SHAREHOLDER

-

-

6

AGRIPRO HOLDINGS PRIVATE LIMITED

LIVE COMPANY

DIRECTOR

12/01/2007

18/07/2012

7

AGRIPRO HOLDINGS PRIVATE LIMITED

LIVE COMPANY

SHAREHOLDER

-

18/07/2012

8

ALAIN FIGARET (S'PORE) PTE LTD

LIVE COMPANY

DIRECTOR

31/03/2003

04/04/2012

9

AMTEL INVESTMENT HOLDINGS PTE LTD

IN LIQUIDATION - COMPULSORY WINDING UP (INSOLVENCY)

SECRETARY

21/01/2011

-

10

ANUSKA TRADING PTE LTD

LIVE COMPANY

DIRECTOR

31/03/2003

31/03/2003

11

ARS IMG PTE. LTD.

LIVE COMPANY

DIRECTOR

20/07/2007

18/04/2012

12

ARS IMG PTE. LTD.

LIVE COMPANY

SHAREHOLDER

-

18/04/2012

13

BLUE & GRAY SINGAPORE PTE. LTD.

LIVE COMPANY

SECRETARY

17/03/2008

13/04/2012

14

BODE PTE. LTD.

LIVE COMPANY

SECRETARY

01/04/2010

30/04/2012

15

BRANDSMITH PTE. LTD.

STRUCK OFF

SECRETARY

13/01/2010

03/11/2011

16

BULL METAL (S) PTE. LTD.

STRUCK OFF

DIRECTOR

12/09/2006

-

17

CERTUS INVESTMENT AND TRADING (S) PRIVATE LIMITED

LIVE COMPANY

DIRECTOR

01/09/2005

18/10/2012

18

COLLASYS PTE. LTD.

STRUCK OFF

DIRECTOR

04/05/2006

08/12/2010

19

CROSS TRADE LINES PTE. LTD.

LIVE COMPANY

DIRECTOR

14/06/2011

06/08/2012

20

CROSS TRADE LINES PTE. LTD.

LIVE COMPANY

SECRETARY

14/06/2011

06/08/2012

21

DAYO PETRO SINGAPORE PTE. LTD.

LIVE COMPANY

SHAREHOLDER

-

03/03/2011

22

DIVERSIFIED CHEMICAL SOLUTIONS PTE. LTD.

LIVE COMPANY

SECRETARY

03/03/2011

12/06/2012

23

DOT INNOVATIONS PTE. LTD.

STRUCK OFF

DIRECTOR

27/12/2010

10/11/2011

24

EDGWARE INVESTMENTS PTE. LTD.

LIVE COMPANY

SECRETARY

16/02/2011

23/04/2012

25

FTC METALS SINGAPORE PTE. LTD.

STRUCK OFF

DIRECTOR

01/10/2010

-

26

FTC METALS SINGAPORE PTE. LTD.

STRUCK OFF

SECRETARY

01/10/2010

18/10/2010

27

FTC METALS SINGAPORE PTE. LTD.

STRUCK OFF

SHAREHOLDER

-

-

28

GAJALEE COASTAL FOODS PTE. LTD.

LIVE COMPANY

SECRETARY

18/01/2011

09/10/2012

29

GI LOGISTICS PTE. LTD.

LIVE COMPANY

DIRECTOR

18/03/2009

30/10/2012

30

GI LOGISTICS PTE. LTD.

LIVE COMPANY

SHAREHOLDER

-

30/10/2012

31

GLASS INC CONSTRUCTION PTE. LTD.

STRUCK OFF

SECRETARY

27/04/2010

04/11/2010

32

GLOBAL IT SOURCES PTE. LTD.

STRUCK OFF

DIRECTOR

25/11/2006

29/09/2011

33

GLOBAL IT SOURCES PTE. LTD.

STRUCK OFF

SHAREHOLDER

-

03/03/2011

34

GN PTE. LTD.

LIVE COMPANY

SECRETARY

31/01/2011

20/07/2012

35

GNK PTE. LTD.

STRUCK OFF

SECRETARY

28/04/2011

-

36

GREENHOUSE INVESTMENT PTE. LTD.

GAZETTED TO BE STRUCK OFF

DIRECTOR

24/06/2011

-

37

GREENHOUSE INVESTMENT PTE. LTD.

GAZETTED TO BE STRUCK OFF

SECRETARY

24/06/2011

-

38

HASHVINI CORPORATE SERVICES PTE LTD

LIVE COMPANY

SHAREHOLDER

-

27/06/2012

39

HEALTH PROMISE PTE. LTD.

STRUCK OFF

SECRETARY

19/08/2009

-

40

IMS SHIPPING PTE LTD

LIVE COMPANY

DIRECTOR

31/03/2003

23/10/2012

41

INTERACTIVE COMMUNICATION SERVICES PTE. LTD.

LIVE COMPANY

SECRETARY

17/03/2008

13/04/2012

42

ITNATION ASIA PTE. LTD.

STRUCK OFF

DIRECTOR

27/10/2006

07/08/2009

43

JANE CASTLEDINE CONSULTANTS

TERMINATION

MANAGER

10/05/2010

15/11/2010

44

LSC CONSULTANCY PTE. LTD.

STRUCK OFF

SECRETARY

20/01/2010

09/06/2011

45

LYE SINGAPORE PTE. LTD.

IN LIQUIDATION - MEMBERS' VOLUNTARY WINDING UP

DIRECTOR

16/03/2012

-

46

MAARA ENTERPRISE

CEASED

MANAGER

11/03/1995

13/03/2010

47

MANDALAY PALACE TRAVEL (PTE. LTD.)

LIVE COMPANY

SECRETARY

17/08/2009

13/10/2012

48

NAVA BHARAT (SINGAPORE) PTE. LIMITED

LIVE COMPANY

SECRETARY

21/01/2009

15/10/2012

49

NEOTERIC PTE. LTD.

LIVE COMPANY

SECRETARY

07/05/2009

17/09/2012

50

NK SOLUTIONS PTE. LTD.

STRUCK OFF

SECRETARY

02/08/2011

-

51

NORSEA GLOBAL OFFSHORE PRIVATE LIMITED

LIVE COMPANY

SHAREHOLDER

-

27/08/2012

52

OM FREIGHT FORWARDERS(S) PTE. LTD.

STRUCK OFF

DIRECTOR

01/07/2009

-

53

PENTHOUSE AESTHETIQUES CENTRE PTE. LTD.

STRUCK OFF

SECRETARY

01/06/2010

09/05/2011

54

PHOTON KATHAAS INTERNATIONAL PRODUCTIONS LIMITED

LIVE COMPANY

DIRECTOR

25/01/2010

25/01/2012

55

PHOTON KATHAAS PRODUCTIONS LIMITED

LIVE COMPANY

DIRECTOR

17/11/2009

25/01/2012

56

PLN PTE. LTD.

LIVE COMPANY

SECRETARY

26/08/2010

25/10/2012

57

PRISM INFORMATICS PTE. LIMITED

LIVE COMPANY

DIRECTOR

03/12/2009

20/10/2011

58

PROMINENT FLUID CONTROLS (FAR EAST) PTE LTD

LIVE COMPANY

SECRETARY

05/03/2010

11/09/2012

59

PROTEUS PETROCHEMICALS PRIVATE LIMITED

LIVE COMPANY

DIRECTOR

11/05/2006

12/09/2012

60

RED STAR GLOBAL TRADING PRIVATE LIMITED

STRUCK OFF

DIRECTOR

25/01/2007

04/08/2007

61

RUSSEL HOLDINGS PTE. LTD.

LIVE COMPANY

SECRETARY

15/02/2011

28/08/2012

62

S&S ACCOUNTING SERVICES

TERMINATION

OWNER

01/12/2005

10/05/2006

63

SANJAYA INTERNATIONAL PTE. LTD.

STRUCK OFF

SECRETARY

07/04/2011

-

64

SCRIPTURES CONSULTANCY PTE. LTD.

LIVE COMPANY

SECRETARY

28/09/2010

03/08/2012

65

SETHI ENGINEERING PTE. LTD.

LIVE COMPANY

SECRETARY

14/10/2011

04/10/2012

66

SEVEN HILLS INVESTMENTS PTE LTD

LIVE COMPANY

DIRECTOR

03/02/1995

21/09/2012

67

SIMED IDEAS PTE. LTD.

LIVE COMPANY

SECRETARY

16/01/2009

13/04/2012

68

SINGAPORE SALVAGE ENGINEERS PTE LTD

LIVE COMPANY

SECRETARY

26/03/2010

22/10/2012

69

SOLITAIRE INVESTMENT AND CONSULTANCY PTE. LTD.

STRUCK OFF

SECRETARY

17/07/2008

04/02/2010

70

SPARTAN AFFREIGHTMENTS PTE LTD

LIVE COMPANY

DIRECTOR

31/03/2003

11/10/2012

71

SRI GAYATRI TRADING PTE. LTD.

STRUCK OFF

SECRETARY

06/02/2009

14/07/2010

72

SUDIMA PROPERTIES PTE. LTD.

LIVE COMPANY

SECRETARY

07/04/2011

03/05/2012

73

SUMER CORPORATION PTE. LTD.

GAZETTED TO BE STRUCK OFF

DIRECTOR

25/03/2011

-

74

SUMER CORPORATION PTE. LTD.

GAZETTED TO BE STRUCK OFF

SECRETARY

25/03/2011

-

75

T E H CONSULTANTS PTE. LTD.

STRUCK OFF

DIRECTOR

03/07/2003

22/07/2004

76

T E H CONSULTANTS PTE. LTD.

STRUCK OFF

SHAREHOLDER

-

-

77

TEH MANAGEMENT SERVICES PTE. LTD.

LIVE COMPANY

SHAREHOLDER

-

19/06/2012

78

TEJ INVESTMENTS PTE. LTD.

GAZETTED TO BE STRUCK OFF

DIRECTOR

26/02/2011

-

79

TEJ INVESTMENTS PTE. LTD.

GAZETTED TO BE STRUCK OFF

SECRETARY

26/02/2011

-

80

TES PV ELECTRONIC SOLUTIONS PRIVATE LIMITED (SINGAPORE BRANCH)

CEASED REGISTRATION

AGENT

25/04/2003

22/01/2008

81

THIGAR PTE. LTD.

STRUCK OFF

DIRECTOR

31/08/2010

10/11/2011

82

THIGAR PTE. LTD.

STRUCK OFF

SECRETARY

31/08/2010

10/11/2011

83

TITUS BPO PTE. LTD.

LIVE COMPANY

SECRETARY

22/01/2010

13/09/2012

84

TOKYO CONSULTING FIRM CO., PTE. LTD.

LIVE COMPANY

SECRETARY

08/04/2011

16/04/2012

85

UDELE AND COY PTE. LTD.

LIVE COMPANY

DIRECTOR

11/12/2007

24/07/2009

86

UST GLOBAL (SINGAPORE) PTE. LIMITED

LIVE COMPANY

SECRETARY

11/12/2007

01/02/2008

87

VINSIGHT MARITIME (S) PTE. LTD.

LIVE COMPANY

DIRECTOR

10/08/2010

13/09/2012

88

VKSS MANAGEMENT SERVICES PTE. LTD.

LIVE COMPANY

DIRECTOR

17/02/2006

13/09/2007

89

VKSS MANAGEMENT SERVICES PTE. LTD.

LIVE COMPANY

SHAREHOLDER

-

14/07/2009

90

VOS GLOBAL LOGISTIC PTE. LTD.

LIVE COMPANY

SECRETARY

24/07/2008

13/04/2012

91

WATERHOPE PTE. LTD.

STRUCK OFF

DIRECTOR

31/08/2010

10/11/2011

92

WATERHOPE PTE. LTD.

STRUCK OFF

SECRETARY

31/08/2010

10/11/2011

93

WICKED HOLDING PTE. LTD.

LIVE COMPANY

SECRETARY

17/04/2009

02/08/2012

94

WIPRO NETWORKS PTE. LIMITED

LIVE COMPANY

SECRETARY

11/06/2008

19/10/2012

95

WIPRO SINGAPORE PTE. LIMITED

LIVE COMPANY

SECRETARY

13/07/2007

19/10/2012

 

Bankruptcy Record

Case No.

Year

Date of Filing

Petitioner Name

Amount

No Trace

 

 

 

 

 

Litigation Search – Writ of Summons

Court

Case No.

Transfer

Year

Date of Filing

Amount

Cause Category

No Trace

 

 

 

 

 

 

 

 

SUBSIDIARIES AND ASSOCIATE COMPANIES

 

Company

Shareholdings (%)

 

NA

 

                                                                                                                       

 

BANKERS/ FINANCIERS

 

Subject enjoys a normal banking routine with its bankers. To date, there are no bank charges registered against Subject by its bankers.

 


LITIGATION

 

there have been 1 litigation suits filed against Subject.

 

 

Current Year

On/After 01 Jan 2012

Past Years

Bef 01 Jan 2012

 

Court (Claim under normal circumstances)

Magistrate (< $80,000)

0

0

District ($80,000 - $250,000)

0

0

High (>$250,000)

0

1

 

Winding Up Trace

 

No

In litigation/Dissolved/Struck Off/In receivership

No

 

The details are as follows:

 

1)

Court

:

Supreme Court

 

Case No.

:

62

 

Transfer

:

-

 

Date of Filing

:

29/01/2010

 

Amount

:

0.00

 

Cause

:

Others / Miscellaneous

 

Case Status

:

CONCLUDED

 

Plaintiff

:

ARIA COSMETICS INTERNATIONAL LIMITED

ARIA COSMETICS HOLDINGS PTE LTD

ARIA COSMETICS SDN BHD

 

Last Update Date

:

28/02/2011

 

 

COMPLIANCE

 

Date of Last AGM

:

22/07/2010

Date of Last AR

:

NA

Date of A/C Laid At Last AGM

:

31/03/2010

 

 

COMPLIANCE RATING FOR ANNUAL FILING

 

-

NOT APPLICABLE/COMPANY STATUS IS NOT LIVE

 


Note:

 

Provided by ACRA (Accounting and Corporate Regulatory Authority), the Compliance Rating for Annual Filing measures a company’s compliance with the provisions under S175, S197 or S201 of the Companies Act, Cap. 50.

 

Applicable to all “Live” locally incorporated companies except for the Limited Partnerships, Limited Liability Partnerships, Business Entities, Foreign Companies and Public Accounting Firms, the rating provide information on whether a company is up-to-date with the holding of its Annual General Meeting (AGM) with up-to-date financial statements and filing of its Annual Return (AR).

 

For more information: www.acra.gov.sg/compliance

 

 

FINANCIAL HIGHLIGHTS

 

Financial Figures

Company

 

MAR 2010

% Change

MAR 2009

MAR 2008

MAR 2007

MAR 2006

Currency

SGD - SIN

 

SGD - SIN

SGD - SIN

SGD - SIN

SGD - SIN

Profit and Loss Key Figures

 

 

 

 

 

 

Turnover

106,519,610

-37.91

171,559,222

169,120,813

117,803,466

83,048,176

Profit/(Loss) Before Tax

4,467,403

-66.84

13,470,742

14,193,074

16,116,023

9,236,551

Profit After Tax attributable

 to Shareholders

3,665,516

-67.02

11,114,381

11,564,717

13,190,751

7,375,354

 

 

 

 

 

 

 

Balance Sheet Key Figures

 

 

 

 

 

 

Total Assets

30,140,646

-30.67

43,475,324

54,640,257

3,305,157

2,772,635

Current Assets

30,050,520

-30.66

43,338,542

54,456,819

3,305,157

2,772,635

Non Current Assets

90,126

-34.11

136,782

183,438

0

0

 

 

 

 

 

 

 

Total Liabilities

26,885,628

-32.73

39,963,967

33,394,266

17,644,589

15,394,628

Current Liabilities

26,885,628

-32.73

39,963,967

33,394,266

17,644,589

15,394,628

Non Current Liabilities

0

NA

0

0

0

0

 

 

 

 

 

 

 

Shareholders' Funds

3,255,018

-7.30

3,511,357

21,245,991

(14,339,432)

(12,621,993)

Share Capital

(45,230,069)

NA

0

0

0

0

Total Reserves

48,485,087

1,280.81

3,511,357

21,245,991

(14,339,432)

(12,621,993)

 

FINANCIAL RATIOS 

 

 

Company

 

MAR 2010

MAR 2009

MAR 2008

MAR 2007

MAR 2006

Growth %

 

 

 

 

 

Year-on-Year Growth

-37.91

1.44

43.56

41.85

NA

 

 

 

 

 

 

Profitability

 

 

 

 

 

Profit Margin (%)

3.44

6.48

6.84

11.20

8.88

Return on Equity (%)

112.61

316.53

54.43

-91.99

-58.43

Return on Assets (%)

12.16

25.56

21.17

399.10

266.01

 

 

 

 

 

 

Leverage

 

 

 

 

 

Total Debt/Equity (Times)

8.26

11.38

1.57

-1.23

-1.22

Current Debt/Equity (Times)

8.26

11.38

1.57

0.00

0.00

Long Term Debt To Equity (Times)

0.00

0.00

0.00

0.00

0.00

Total Asset To Total Equity (Times)

9.26

12.38

2.57

-0.23

-0.22

 

 

 

 

 

 

Asset Management

 

 

 

 

 

Total Assets Turnover (Times)

3.53

3.95

3.10

35.64

29.95

Fixed Assets Turnover (Times)

1,181.90

1,254.25

921.95

0.00

0.00

 

 

 

 

 

 

Liquidity

 

 

 

 

 

Current Ratio (Times)

1.12

1.08

1.63

0.19

0.18

 

 

FINANCIAL COMMENTARY

 

Compound Annual Growth Rate

 

The company's CAGR is 6.42% (4 years).

 

CAGR is the year-over-year growth rate of a company over a specified period. Instead of looking at the average growth rate, CAGR allow users to look at the annualized growth rate of a company over a given period, a more indicative measure of growth of a company’s performance over a given period.

 


Profitability

The company yielded a rate of net profit on sales of 3.44 per cent in FY10 (FY09: 6.48 per cent). The company is now able to book in SGD - SIN 0.03 of profit for every SGD - SIN of sales in FY10, as compared with SGD - SIN 0.06 a year ago.

 

Liquidity

Current ratio stood at 1.12 times in FY10 (FY09: 1.08 times). This means that the company has SGD - SIN 1.12 of current assets for every SGD - SIN of current liability incurred.

 

A minimum figure of 1.0 would be considered the lowest limit that this figure should reach. Any business that has a current ratio near 1.0 may be heading for liquidity problems, and would need to be closely monitored. A figure greater than 2.0 would be more desirable, to act as a buffer against any short-term liquidity problems, and give creditors/bank managers a degree of comfort when granting credit/finance.


 

Leverage

Total debt-to-equity ratio notched 8.26 times in FY10, compared with 11.38 times in FY09. This means that the company requires additional external financing of SGD - SIN 8.26 for every SGD - SIN injected into its operations.

 

Generally, a total debt-to-equity ratio of less than 0.5 times is preferred. The ratio measures the proportion of the company's reliance on external debt for financing, relative to the shareholder's fund. A lower ratio would imply a greater financial safety and operating freedom for the company.

 

 

Efficiency Ratio

 

Return on equity was 112.61 per cent for Subject in the current financial period, as compared to 316.53 per cent a year ago. The return on equity measures the return earned on the owner's investment.  Generally, the higher this return, the better off the owner.

 

Return on assets stood at 12.16 per cent (FY09: 25.56 per cent). The return on asset measures the overall effectiveness of management in generating profit with its available assets.

 

Total assets turnover ratio logged at 3.53 times in FY10 (FY09: 3.95 times). This ratio measures the company's ability to make productive use of its total assets to generate sales which reflects the efficiency of the management in utilising its resources.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.39

UK Pound

1

Rs.82.32

Euro

1

Rs.69.54

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

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

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NB

New Business

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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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.