MIRA INFORM REPORT

 

 

Report Date :

07.03.2013

 

IDENTIFICATION DETAILS

 

Name :

INTEGRA INTERNATIONAL TRADING & CONTRACTING COMPANY WLL

 

 

Registered Office :

Building No. 32, HBK Building, Airport Road, P O Box 24789, Doha

 

 

Country :

Qatar

 

 

Date of Incorporation :

16.02.2006

 

 

Com. Reg. No.:

32196, Doha

 

 

Legal Form :

With Limited Liability

 

 

Line of Business :

Distributors of electrical equipment, panel controls, switches, generators  and building materials

 

 

No. of Employees :

70

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory 

Payment Behaviour :

Regular

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)

Qatar

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Qatar - ECONOMIC OVERVIEW

 

Qatar has prospered in the last several years with continued high real GDP growth in 2011. Qatari authorities throughout the financial crisis sought to protect the local banking sector with direct investments into domestic banks. GDP rebounded in 2010 largely due to the increase in oil prices and 2011's growth was supported by Qatar's investment in expanding its gas sector. Economic policy is focused on developing Qatar's nonassociated natural gas reserves and increasing private and foreign investment in non-energy sectors, but oil and gas still account for more than 50% of GDP, roughly 85% of export earnings, and 70% of government revenues. Oil and gas likely have made Qatar the second highest per-capita income country - behind Liechtenstein - and the country with the lowest unemployment. Proved oil reserves in excess of 25 billion barrels should enable continued output at current levels for 57 years. Qatar's proved reserves of natural gas exceed 25 trillion cubic meters, more than 13% of the world total and third largest in the world. Qatar's successful 2022 world cup bid will likely accelerate large-scale infrastructure projects such as Qatar's metro system and the Qatar-Bahrain causeway.

 

 

Source : CIA

 

 


SUMMARY

 

Company Name                                     : INTEGRA INTERNATIONAL TRADING & CONTRACTING COMPANY

WLL

Country of Origin                                    : Qatar

Legal Form                                            : With Limited Liability - WLL

Registration Date                                   : 16th February 2006

Commercial Registration Number            : 32196, Doha

Chamber Membership Number                : 11233/1

Issued Capital                                        : QR 200,000

Paid up Capital                                      : QR 200,000

Total Workforce                                     : 70

Activities                                               : Distributors of electrical equipment, panel controls, switches,

generators  and building materials.

Financial Condition                                 : Undetermined

Payments                                             : Nothing detrimental uncovered

Person Interviewed                                 : Keltis D’Souza, Human Resources Manager

 

 

 


COMPANY NAME

 

INTEGRA INTERNATIONAL TRADING & CONTRACTING COMPANY WLL

 

 

CompANY ADDRESS

 

Registered & Physical Address

Location            : Building No. 32, HBK Building

Street               : Airport Road

PO Box             : 24789

Town                 : Doha

Country             : Qatar

Telephone         : (974) 44369776 / 44583508 / 44583527

Facsimile          : (974) 44369376 / 44583568

Email                : trading@integraqatar.com / integra@integraqatar.com

 

Premises

 

Subject operates from a medium sized suite of offices and a showroom that are rented and located in the Central Business Area of Doha.

 

Branch Office (s)

 

     Location                                                                                          Description

 

·       Gate No. 118                                                                                    Workshop premises

Street No. 48

New Industrial Area

Doha

Tel: (974) 44509415 / 44516054

Fax: (974) 44516045

 

 

KEY PRINCIPALS

 

     Name                                              Nationality                               Position

·       Ronald Fernandes                             Indian                                        Managing Director

·       Gerald D’mello                                  Indian                                        Director

·       Mohamed Edgham Al Naimi               Qatari                                       Director

·       Keltis D’Souza                                       -                                          Human Resources Manager

·       Rayston D’Souza                                   -                                          Procurement Manager

·       Asheq Faroli                                          -                                          Finance Manager

 

 

LEGAL FORM & OWNERS

 

Date of Establishment  : 16th February 2006

 

Legal Form                  : With Limited Liability - WLL

 

Commercial Reg. No.  : 32196, Doha

 

Chamber Member No. : 11233/1

 

Issued Capital              : QR 200,000

 

Paid up Capital            : QR 200,000

 

Name of Shareholder (s)                                                     Percentage

 

·       Mohamed Edgham Al Naimi                                                   51%

 

·       Ronald Fernandes                                                     ]

]           49%

·       Gerald D’mello                                                          ]

 

 

AFFILIATED COMPANIES

 

·       Intergra International Logistic Co

Doha

 

·       Integra Trading Co WLL

Doha

 

·       Shahjan Trading Co

Doha

 

·       Laith Engineering Services Est

Doha

 

 

OPERATIONS

 

Activities: Engaged in the import and distribution of electrical equipment, panel controls, switches, generators and  building materials.

 

Subject’s product range includes, automatic power factor control panels, motor control centres, bus ducts /

trunking up to 8000 amps, change over panels, AMF panels, special machinery panels, low voltage systems, automation systems, building management systems, low voltage switchgear, low voltage components, control panels, lighting control systems, ups systems, cable management systems audio /video systems

 

Services

 

MV Panels Boards

We are manufacturers and exporters of M.V. Panels. We manufacture Form–II, III, IV Type of Cubicle Medium Voltage change over panels up to 2500 A and Sub Switch Boards up to 800 A. Switch Boards are manufactured as per Standard IE Rules. The Switch Boards are designed keeping in mind future expansion of the Industry.

All the enclosures are fabricated out of 16/14 SWG CRCA steel sheets and they are also powder coated.

Power Control Centre

Power Control Centres are being designed and manufactured up to 2500A rating, suitable for operational Voltage of 415V in a 3 phase 4 wire distribution system with an Insulation voltage up to 660V at an ambient Temperature of 40 degree Celsius. The form of separation as IS 8623 is FORM IV. Short circuit withstand capacity is 50 kA and degree of protection IP:52, both of these parameters are type tested. The switchboards offered are in fixed and semi draw-out type configuration with single front design.

MCC

We offer a comprehensive range of Control Panel Boards, PLC Based Panels, Motor Control Centres, Switch Gears, Switch Boards and Power Distribution Panels.

Bus Trunking

Bus Ducts and Rising Mains are offered up to 5000A with less than 35 degree Celsius Temperature Rise over an Ambient of 50 degree Celsius. Short Circuit withstands Capacity at 352 ka. Non segregated Bus Ducts with inter leaving design suitable for indoor and outdoor installation with IP:67 degree of protection.

Power Control Panel Board

Time honoured market presence World class manufacturing plant Cost efficient products Customized services Strong supplier and distributor network

APFC Panel

 

We offer a comprehensive range of Control Panel Boards, PLC Based Panels, Motor Control Centres , Switch Gears, Switch Boards and Power Distribution Panels.

 

DG Synchronisation & Load Sharing Panel

PLC based Instrumentation Panels to offer AMF, Auto Synchronization and Load Sharing functioning as per specific requirements of the customer’s ranging from 2 DG Sets to 6 DG sets with Man Machine Interface and SCADA system.

Distribution Panel

We offer a comprehensive range of Control Panel Boards, PLC Based Panels, Motor Control Centres , Switch Gears, Switch Boards and Power Distribution Panels.

Motor Control Centre

MCC are offered up to 1600 A operational current at 40 degree Celsius ambient Temperature In single and double front design for 50 kA short Circuit Withstand Capacity and IP: 52 degree of Protection. Form IV of separation as per IS: 8623 Is maintained. Types of starters Include Automatic Star Delta, Direct On-line, Soft Starters, Variable Frequency Drives, Stator Rotor Starters and Auto Transformer Starters.

PLC Based Panel

We offer a comprehensive range of Control Panel Boards, PLC Based Panels, Motor Control Centres , Switch Gears, Switch Boards and Power Distribution Panels.

Feeder Pillar

IP:55 outdoor type feeder pillars for various applications in industries, residential Complexes, Hotels and Townships.

Import Countries: Europe and GCC countries.

 

Subject has a workforce of 70 employees.

 

 

FINANCIAL DATA

 

Companies registered in Qatar are not legally required to make their accounts public and no financial information was released by the company or submitted by outside sources.

 

 

BANKERS

 

·       Doha Bank Ltd

PO Box: 3818

Doha

Tel: (974) 44435444

Fax: (974) 44416631 / 44410625

 

·       Al Ahli Bank of Qatar (QSC)

PO Box: 2309

Doha

Tel: (974) 44326611

Fax: (974) 44444652

 

 

PAYMENT HISTORY

 

No complaints regarding subject’s payments have been reported.

 

 

GENERAL COMMENTS

 

During the course of this investigation nothing detrimental was uncovered regarding subject’s operating history or the manner in which payments are fulfilled. As such the company is considered to be a fair trade risk.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.71

UK Pound

1

Rs.82.79

Euro

1

Rs.71.43

 

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%)

 

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.