|
Report Date : |
26.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
PANKTI INTERNATIONAL PTE.LTD. |
|
|
|
|
Registered Office : |
141 Cecil Street #07-07 Tung Ann Association Building Singapore 069541 |
|
|
|
|
Country : |
Singapore |
|
|
|
|
Financials (as on) : |
31.03.2006 |
|
|
|
|
Date of Incorporation : |
24.03.1995 |
|
|
|
|
Com. Reg. No.: |
199502018N |
|
|
|
|
Legal Form : |
Limited Exempt Private Company |
|
|
|
|
Line of Business : |
International trading in all kinds of goods |
|
|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Singapore |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Company Name: |
|
|
Supplied Name: |
|
|
141 Cecil Street #07-07 Tung Ann Association Building Singapore 069541 |
|
|
Supplied
Address: |
141 Cecil Street #07-07 Tung Ann Association Building Singapore 069541 |
|
Fax Number: |
|
Notes: Subject’s exact name and address are as
above.
|
Registered Name: |
|
|
Registered
Address: |
141 Cecil Street #07-07 Tung Ann Association Building Singapore 069541 |
|
Date of
Registration:: |
|
|
Registered
Number: |
199502018N |
|
Country of
Incorporation: |
Singapore |
|
Registered
Capital: |
SGD 500,000 (USD
387,050) (As of 2012.02,
1 SGD = 0.7741 USD) |
|
Paid-up Capital: |
SGD 500,000 (USD
387,050) = 500,000 Shares@1 SGD |
|
Legal Form: |
Limited Exempt Private
Company |
|
Principal
Activities: |
46641--International
Trading In All Kinds Of Goods 46643--Wholesale
Of Petrochemical Products |
|
N/A |
|
|
Status: |
Live Company |
|
Listed at Stock
Exchange: |
No |
|
Date of Last
Annual Return: |
|
Notes: the staff
information is not available from subject or other sources.
Subject was incorporated on
|
Subscription
Amount |
Proportion of
Investment (%) |
|
|
Vinay Birla |
250,000 |
50% |
|
Archana Birla |
250,000 |
50% |
|
Total |
500,000 |
100% |
Major Shareholder
Information:
|
1 |
|
|
Name: |
Vinay Birla |
|
ID Number: |
S |
|
Address: |
|
|
2 |
|
|
Name: |
Archana Birla |
|
ID Number: |
S |
|
Address: |
|
Subject did not introduce
whether it has any subsidiaries or branches, from other source we can not
obtain the relevant information, either.
Detailed
Information of Management:
|
1 |
|
|
Name: |
Vinay Birla |
|
Position: |
Director |
|
ID Number: |
S |
|
Address: |
|
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
|
2 |
|
|
Name: |
Archana Birla |
|
Position: |
Director |
|
ID Number: |
S |
|
Address: |
|
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
|
3 |
|
|
Name: |
Archana Birla |
|
Position: |
Secretary |
|
ID Number: |
S |
|
Address: |
|
|
Nationality: |
Singapore Citizen |
|
Date of Appointment: |
|
Offices
& Factories
|
|
Office |
|
Address: |
141 Cecil Street #07-07 Tung Ann Association Building Singapore 069541 |
Production
Information
l
Subject is a trader of plastic products without any
production itself.
Purchase
Information
l
It is introduced that subject purchases mainly from
foreign countries, while the relevant staff did not introduce the details.
Sales
Information
l
Subject is a supplier of Plastic Raw Materials, PP,
HDPE, LDPE, LLDPE, PVC Resin, Engineering Plastics, Bopp Films, PET Films, CPP
Films, Packaging Materials, etc
l
Subject’s products are mainly sold in domestic
market of Singapore.
Purchase
Subject did not
introduce the purchasing terms.
Domestic Markets
|
Sales Terms |
Proportion |
|
|
Plastic products, etc |
CBD, COD, etc |
100% |
Overseas Markets
Subject does not
export
|
|
|
|
|
|
Total Assets |
3,015,483.00 |
1,979,644.00 |
1,308,963.00 |
|
Total Current Assets |
3,014,400.00 |
1,976,051.00 |
1,303,257.00 |
|
Total Non-Current Assets f.k.a. [Fixed And Others] |
1,083.00 |
3,593.00 |
2,853.00 |
|
Total Liabilities |
2,421,915.00 |
1,449,906.00 |
835,171.00 |
|
Total Current Liabilities |
2,421,915.00 |
1,449,906.00 |
835,171.00 |
|
Total Non-Current Liabilities |
0.00 |
0.00 |
0.00 |
|
Total Equity f.k.a [Shareholder's Funds] |
593,568.00 (USD 459,481) |
529,738.00 (USD 410,070) |
470,939.00 (USD 364,554) |
|
Paid-Up Capital |
500,000.00 |
500,000.00 |
500,000.00 |
|
Share Capital |
- |
- |
- |
|
Other Reserves, Total f.k.a. [Reserves] |
93,568.00 |
29,738.00 |
0.00 |
|
Retained Earnings/(Accumulated Loss) |
0.00 |
0.00 |
(29,061.00) |
(As of 2012.02, 1 SGD = 0.7741 USD)
Unit: SGD
|
|
~ |
~ |
~ |
|
Revenue f.k.a [Sales Turnover And Other Operating Revenues] |
22,943,674.00 (USD 17,760,698) |
18,537,974.00 (USD 14,350,246) |
10,332,110.00 (USD 7,998,086) |
|
Profit/(Loss) before Tax from Continuing Operations f.k.a [Profit/(Loss) before tax] |
66,780.00 |
58,799.00 |
42,141.00 |
|
Profit/(Loss) after Tax from Continuing Operations f.k.a [Profit/(Loss) After Tax] |
63,830.00 |
58,799.00 |
44,662.00 |
|
Net Income/(Loss) From Extraordinary And Non-Operating
Items |
0.00 |
0.00 |
0.00 |
|
Profit/(Loss) After Tax and Extraordinary Items |
63,830.00 |
58,799.00 |
44,662.00 |
(As of 2012.02, 1 SGD = 0.7741 USD)
|
|
~ |
~ |
~ |
|
Earning Capacity |
|
|
|
|
Rate of Net Profit on Sales (%) |
0.28 |
0.32 |
0.43 |
|
Return of Investment (%) |
2.12 |
2.97 |
3.41 |
|
Return of Shareholder's Funds (%) |
10.75 |
11.10 |
9.48 |
|
Total Assets Turnover (%) |
7.61 |
9.36 |
7.89 |
|
Financial Stability |
|
|
|
|
Current/Working Capital Ratio (%) |
1.24 |
1.36 |
1.56 |
|
Proprietary Ratio (%) |
19.68 |
26.76 |
35.98 |
|
Total Debt to Equity Ratio (%) |
80.32 |
73.24 |
63.94 |
In Singapore, Limited Exempt Private Companies are not obligated to submit
their financial statements to the local registry. We did not find the latest
financials of subject from the local registry, the subject also declined to
disclose such information due to the confidentiality reason.
Bank Charges
|
Charge 1 |
|
|
Charge Number: |
200103659 |
|
Date of
Registration: |
|
|
Name: |
Of India |
|
Amount Secured: |
All Monies |
|
Charge 2 |
|
|
Charge Number: |
200103660 |
|
Date of
Registration: |
|
|
Name: |
Bank Of India |
|
Amount Secured: |
All Monies |
|
Charge 3 |
|
|
Charge Number: |
C200606478 |
|
Date of
Registration: |
|
|
Name: |
Bangkok Bank
Public Company Limited |
|
Amount Secured: |
All Monies |
|
Charge 4 |
|
|
Charge Number: |
C200809080 |
|
Date of
Registration: |
|
|
Name: |
DBS Bank Ltd. |
|
Amount Secured: |
All Monies |
|
Charge 5 |
|
|
Charge Number: |
C201116113 |
|
Date of
Registration: |
|
|
Name: |
Malayan Banking
Berhad |
|
Amount Secured: |
All Monies |
|
Name: |
Mgi N Rajan
Associates |
|
Department: |
Sales department
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.17 |
|
UK Pound |
1 |
Rs.82.99 |
|
Euro |
1 |
Rs.70.62 |
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 |
|
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.