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Report Date : |
01.11.2013 |
IDENTIFICATION DETAILS
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Name : |
AURIONPRO SOLUTIONS PTY LTD |
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Registered Office : |
Level 2, 215 Spring Street, |
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Country : |
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Financials (as on) : |
31.03.2013 |
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Date of Incorporation : |
17.12.2009 |
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Com. Reg. No.: |
141171093 |
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Legal Form : |
Australian Proprietary Company |
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Line of Business : |
Distributor of banking and supply chain management software products. |
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No. of Employees : |
1 employee (Subject); 1,200 employees (Aurionpro Group) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but Correct |
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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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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A1 |
A1 |
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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 |
The Australian economy has experienced continuous growth and
features low unemployment, contained inflation, very low public debt, and a
strong and stable financial system. By 2012,
|
Source
: CIA |
Verified Address
Subject name : AURIONPRO
SOLUTIONS PTY LTD
Other style / Business name : SENA
SYSTEMS / AURIONPRO SENA
Business address :
Level 39,
Town :
Province :
Zip/postal code : 3000
Country :
Tel : +61
411703688
Email :
info@aurionpro.com
Website : www.aurionpro.com
Registered address : Level
2, 215 Spring Street
Town :
Province :
Zip/postal code : 3000
Country :
Executive Summary
Date founded or registered : 17/12/2009
Legal form : Australian
Proprietary Company
Chief executive : Jarrod
Timothy Oakley
Issued & paid up capital : AUD
2
Sales turnover :
INR 143,900,000 (Non-Consolidated 12 months, 31/03/2013)
Net income :
INR 19,000,000 (Non-Consolidated 12 months, 31/03/2013)
Total fixed assets :
INR 79,900,000 (Non-Consolidated 12 months, 31/03/2013)
Line of business : Distributor of banking and supply
chain management software products.
Staff employed : 1
employee (Subject); 1,200 employees (Aurionpro Group)
Company Analysis
Country risk : Country
risk is minimal
Operation trend : Operational
trend is progressing
Management experience :
Management is modestly experienced
Financial performance : Financial
performance is fair
Organization structure : Organizational
structure is acceptable
Detrimental : No detrimental found
Payment history : No
payment delays noted
Credit amount asked : Not
described.
Comments : Larger
credit can still be granted if guaranteed by Parent Company.
Registry Data
Registration date : 17/12/2009
Legal form : Australian
Proprietary Company
Registration no Australian Company Number: 141171093
Registered authority : Australian
Securities and Investments Commission
Fiscal/ Tax no : Australian Business Number: 27141171093
Registry status : Live/Active
Previous name : None
reported.
Change of legal form : None
reported.
Other registration
: SENA
SYSTEMS is a business name owned by the Subject registered on 01/02/2010 under
business registration no: B2252594D.
AURIONPRO SENA is a business name owned by
the Subject registered on 29/03/2013.
Key Management
Name : Jarrod
Timothy Oakley
Designation : Managing
Director
Appointments
Name : Robert
Alan Levine
Designation : Director
Appointment date : 17/12/09
Address :
Biography : Born
on 02-09-1962 in
Name : Jarrod
Timothy Oakley
Designation : Director
and Company Secretary
Appointment date : 17/12/09
Address :
Prahran, VIC 3181
Biography : Born
on 29-04-1981 in
Name : Samir
Nareshkumar Shah
Designation : Director
Appointment date : 17/12/09
Address :
Biography : Born
on 06-02-1973 in
Name : Amit
Rameshchandra Sheth
Designation : Director
Appointment date : 17/12/09
Address : Plot
No. B, Flat 1204, 12th Floor, B Wing, Eternia
Powai, Mumbai 400072
Biography : Born
on 15-11-1967 in
Staff employed : 1
employee (Subject); 1,200 employees (Aurionpro Group)
Composition
Authorized Capital : AUD 2
No of shares : 2
Ordinary Shares
Share par value : AUD 1
Issued capital : AUD 2
Paid up capital : AUD 2
How listed : Full
List
Composition
Shareholder name : AURIONPRO
SOLUTIONS LIMITED
Address : 35th
Floor,
Dadar (West), Mumbai 400013
No. of shares : 2
Ordinary Shares
% of shares : 100%
Structure
Name : AURIONPRO
SOLUTIONS LIMITED
Affiliation type : Parent
Company
Address : 35th Floor,
Dadar (West), Mumbai 400013
Comments : Aurionpro Solutions
Ltd. develops software platforms and provides consulting services primarily in
payments solutions to meet needs of payments processors, consumers, and
merchants. The company also offers Corporate Loan Origination System, a credit
risk management system; SmartLender Retail product suite that assists credit
officers with decision making around applications for mortgage, auto,
renovation, and other loans; SmartLender SME, a loan origination system that
caters to small and medium sized enterprises’ financing needs; and SmartLender
CLIMS, a central liability solution that helps banks manage and mitigate credit
risks while supporting Basel II requirements. In addition, it provides retail
and corporate Internet and mobile banking solutions; customer communications
management solutions; and SCMProFit, a supply chain management software for
warehousing, freight forwarding, project logistics, manufacturing,
distribution, and supplier collaboration and visibility. Further, the company
offers Oracle implementation services, such as identity management services,
Web center services, apps services, Oracle-based cloud and mobile solutions,
and managed services.
Additionally, it provides enterprise IT services comprising information
security consulting, enterprise content management and portal consulting,
salesforce.com consulting, mobile app development, outsourced product
development, technology consulting, and process management consulting. The
company also has operations in the United States, the United Kingdom, the
Middle East, and the Asia Pacific. Aurionpro Solutions Ltd. was founded in 1997
and is headquartered in Mumbai, India.
Name : AURIONPRO
SOLUTIONS INC.
Affiliation type : Sister Company
Address : 2410 Camino
Ramon #339
San Ramon, CA 94583
United States
Name : AURIONPRO
SOLUTIONS PTE. LTD.
Affiliation type : Sister Company
Address : 39 Robinson Road
07-01 Robinson Point
Singapore 068911
Singapore
Name : AURIONPRO
SOLUTIONS S.P.C.
Affiliation type : Sister Company
Address : P.O. Box 20658
Manama
Kingdom of Bahrain
Name : AURIONPRO
SOLUTIONS PLC
Affiliation type : Sister
Company
Address : Units 4 & 5,
Olympian Trading Estate
Cayton Low Road
Scarborough YO11
3BT
North Yorkshire
United Kingdom
Related companies and corporate affiliations comments : Other companies
of the Aurionpro Group should be considered affiliates of the Subject.
Bank Details
Name of bank : Commonwealth Bank
of Australia
Address : Australia
Account details : Current Account
Comments : It
is generally not the policy of local banks to provide credit status information
to non related parties, however interested parties would be advised to consult
first with the Subject if banker's references are required.
Mortgages : None reported.
Legal Fillings
Bankruptcy fillings : None
reported.
Court judgements : None
reported.
Tax liens :
None reported.
Others : None
reported.
Description
Source of financial statement : Public
Record Sources
Financial statement date : 31/03/13
Type of accounts : Full
audited
Currency : India,
Rupee (INR)
Exchange rate : 1
USD = INR 61.36 as of 30-10-2013
Summarized
Financial Information
Consolidation type : Non
Consolidated Non Consolidated Group Consolidated
Currency : India,
Rupee (INR) India, Rupee (INR) India, Rupee (INR)
Denomination :
(x1) One (x1) One (x1) One
Date of financial year end : 31/03/13
31/03/12 31/03/13
Length of accounts :
12 months 12 months 12 months
Sale turnover / Income :
143,900,000 117,692,000 5,821,576,000
Profit before tax : 27,200,000
23,949,000 421,314,000
Net income : 19,000,000
16,425,000 458,272,000
Non current assets : 4,202,183,000
Current assets : 3,134,522,000
Inventories : 77,783,000
Total assets : 79,900,000
58,577,000 7,336,705,000
Current liabilities : 2,010,191,000
Non current liabilities : 602,261,000
Total liabilities : 36,400,000
35,611,000 2,612,452,000
Share equity : 43,600,000
22,966,000 4,721,964,000
Comments : The non-consolidated financial
information above relates to the Subject only.
The group’s consolidated financial information above relates to the
Subject’s Parent Company Aurionpro Solutions Limited and all its subsidiaries
which include the Subject.
Main activities : The Subject engages in distribution
of banking and supply chain management software products in Australia.
The Subject is ultimately owned by Aurionpro Solutions Limited based in
India.
Aurionpro Solutions Limited is a publicly traded technology company that
helps enterprises to be more efficient through domain-driven software and
consulting offerings.
The company is organized into four primary business lines that include:
Banking & Financial Technologies: providing a mature suite of
software products around Banks’ core banking systems SCM Software: providing
Logistics, Manufacturing, and Retail companies with a cloud-based software
platform to manage their entire supply chain, from managing inventory in
warehouses, to shipping finished products
across the globe Oracle Implementation Services: providing
industry-leading consulting
services across Oracle's Identity Management, WebCenter, and Apps
product suites
Enterprise IT Services: combining deep levels of expertise in niche
areas such as cloud-based software implementations and mobile app development,
with a sizable pool of resources that can be leveraged to complement larger
scale IT projects
Aurionpro Businesses include:
Aurionpro Sena
One of Oracle's most decorated partners,
Aurionpro Sena has been delivering solutions focused on Oracle's Identity and
Access Management, WebCenter, and Apps product suites since 1999.
Aurionpro Consulting
Aurionpro's Consulting division provides
resources of uncompromising quality to complement corporate IT teams, ensuring
project success through the optimal combination of resources, processes, and
tools.
Aurionpro SCM
Aurionpro's cloud based end-to-end Supply
Chain solution, named SCMProFit, enables manufacturing and logistics providers
to streamline their warehouse, distribution, logistics, and freight forwarding
operations.
Integro Technologies
Singapore-based Integro develops Corporate,
Retail, and SMB banking solutions focused on Loan Origination, Cash Management,
and Internet Banking.
Enline
Enline has been a leading provider of
Security, Identity Management, and Infrastructure solutions to the U.K. and
European markets since 1985.
SeeInfoBiz
SeeInfoBiz provides a SaaS-based unified
communications platform that helps streamline the costs of communications
through electronic bill presentment and marketing campaign software.
Product & services : -Payment
Platform:
ICashPro - Cash Management & Electronic
Payments Platform
Financial Supply Chain Management (FSCM) Platform
Aurionpro Payments Framework (APF) Software
-Lending Systems:
Corporate Loan Origination System
Retail Loan Origination System
Loan Origination System for SMEs
Collateral & Limits Management System
-Customer Experience Management Software:
Retail Internet & Mobile Banking Software
Corporate Internet & Mobile Banking Software
Customer Communications Management Software
-Supply Chain Management Software
-Oracle Product Services
Purchases
International : India,
United States
Sales
Local : Yes
International : No
exports.
Property &
Assets
Premises : The Subject operates from the
verified heading address consisting of an administrative office.
Branches : None
reported.
Gross Domestic
Products (GDP) & Economic Overview
Central bank : Reserve
Bank of Australia
Reserve of foreign exchange & gold : US$ 46.714 billion
Gross domestic product - GDP : US$
1.586 trillion
GPP (Purchasing power parity) :
954.296 billion of International dollars
GDP per capita - current prices :
US$ 68,916
GDP - composition by sector : agriculture:
4%
industry: 25.6%
services: 70.4%
Inflation : 2010:
2.8%
2011: 3.4%
2012: 2.7%
Unemployment rate : 2010:
5.2%
2011: 5.1%
2012: 5.2%
Public debt
(General Government gross debt as
a % GDP): 2010:
20.4%
2011: 22.9%
2012: 24%
Government bond ratings : Standard
& Poor's: AAA
Moody's rating: Aaa
Moody's outlook: STA
Market value of publicly traded
shares: US$1.198
trillion
Largest companies
in the country : Qantas Airways
(Airline),Coca-Cola Amatil (Beverages), CSL (Biotechs),
Brambles (Business & Personal Services),Crown Ltd (Casinos &
Gaming), Amcor (Containers & Packaging),Suncorp-Metway (Diversified
Insurance), BHP Billiton (Diversified Metals & Mining),Newcrest Mining
(Diversified Metals & Mining), Orica (Diversified Metals & Mining),
Iluka
Resources(Diversified Metals & Mining), Origin Energy (Electric
Utilities), AGL Energy (Electric Utilities), Wesfarmers (Food Retail),
Woolworths (Food Retail), Metcash (Food Retail), Macquarie Group (Investment
services), AMP (Investment services), Challenger Ltd (Investment
services), Fortescue Metals Group (Iron & Steel), Bluescope Steel (Iron
& Steel), Commonwealth Bank (Major Banks), Westpac Banking Group
(Major Banks), National Australia Bank (Major Banks), ANZ (Major Banks),
Woodside Petroleum (Oil & Gas Operations), Santos (Oil & Gas
Operations), Caltex Australia (Oil & Gas Operations), WorleyParsons
(Oil
Services & Equipment), Toll Holdings (Other Transportation),
Transurban
Group (Other Transportation), QBE Insurance Group (Property &
Casualty Insurance), Insurance Australia Group (Property & Casualty
Insurance), QR National (Railroads), Westfield Group (Real Estate), Stockland
Australia (Real Estate), Westfield Retail Trust (Real Estate), Lend Lease (Real
Estate), CFS Retail Property Trust (Real Estate), Goodman Group (Real Estate),
Bendigo & Adelaide Bank (Regional Banks), Bank of Queensland (Regional
Banks), Incitec Pivot (Specialized Chemicals), Telstra (Telecommunications
Services)
Trade &
Competitiveness Overview
Total exports :
US$263.9 billion
Exports
commodities : Coal,
iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment
Total imports : US$239.7
billion
Imports commodities : Machinery
and transport equipment, computers and office machines,
telecommunication equipment and parts; crude
oil and petroleum products
Export - major partners : China
27.4%, Japan 19.2%, South Korea 8.9%, India 5.8%
Import - major partners : China
18.5%, US 11.4%, Japan 7.9%, Singapore 6.3%, Germany 4.7%
FDI Inflows : 2009:
US$26,554 million
2010: US$35,556 million
2011: US$41,317 million
FDI Outflows : 2009:
US$16,693 million
2010: US$12,791 million
2011: US$19,999 million
Best countries for doing business : 10
out of 185 countries
Global competitiveness ranking : 20
(ranking by country on a basis of 144, the first is the best)
Country and
Population Overview
Total population : 22.68
million
Total area : 7,692,024
km2
Capital : Canberra
Currency : Australian
dollars (AUD)
Internet users as % of total
population: 79%
Purchase Term
International : Telegraphic
transfer, Credit 30-90 days
Sales Term
Local : Bank transfer,
Prepayment, Credit 30-90 days
Trade Reference/
Payment Behaviour
Comments : As
local and international trade references were not supplied, the Subject's
payment track record history cannot be appropriately determined but based on
our research, payments are believed to be met without delay.
Investigation Note
Sources :
Interviews and material provided by the Subject
: Other
official and local business sources
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.49 |
|
|
1 |
Rs.98.71 |
|
Euro |
1 |
Rs.84.49 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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 |
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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.