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Report Date : |
29.10.2013 |
IDENTIFICATION DETAILS
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Name : |
CAMERONTEC ( |
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Formerly Known As : |
AURIONPRO SOLUTIONS ( |
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Registered Office : |
c/o Boardroom Corporate Services (HK) Ltd. 31/F., |
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Country : |
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Date of Incorporation : |
14.09.2007 |
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Com. Reg. No.: |
38566933 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Importer, Exporter and Wholesaler of Electronic products |
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No. of Employees : |
1 |
RATING & COMMENTS
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MIRA’s Rating : |
Ca |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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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Status : |
No Operating office in |
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Payment Behaviour : |
Unknown |
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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) |
|
|
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 |
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Source
: CIA |
CAMERONTEC (HONG
KONG) LTD.
[Formerly known
as:
AURIONPRO SOLUTIONS (HONG KONG) LTD.]
c/o Boardroom Corporate Services (HK) Ltd.
31/F., 148 Electric Road, North Point, Hong Kong.
[Formerly located at:
c/o Boardroom Corporate Services (HK) Ltd.
12/F., The Lee Gardens, 33 Hysan Avenue, Causeway Bay, Hong Kong. ]
PHONE: 852-2598 5234
FAX: 852-2598 7500
Managing Director: Mr. Amit Suresh Khungar
Incorporated on: 14th
September, 2007.
Organization: Private
Limited Company.
Capital: Nominal: HK$10,000.00
Issued: HK$1.00
Business Category: Importer, Exporter and Wholesaler.
Company Turnover: HK$51.8
million (Year ended 31-03-2013)
Employee:
1.
Main Dealing Banker: The Hongkong & Shanghai Banking Corp. Ltd., Hong Kong.
Banking Relation: Satisfactory.
CAMERONTEC (HONG
KONG) LTD.
Registered Head
Office:-
c/o Boardroom Corporate Services (HK) Ltd.
31/F., 148 Electric Road, North Point, Hong Kong.
Holding Company:-
E2E Infotech Ltd., United Kingdom.
Associated
Companies:-
CameronTec AB, Sweden.
CameronTec GmbH, Germany.
CameronTec Inc., UK.
CameronTec India Pvt. Ltd., India.
CameronTec Pty. Ltd., Australia.
CameronTec, France.
Greenline Financial Tehnologies Inc., USA.
ORC Software HK Ltd., Hong Kong.
etc.
38566933
1167382
Managing Director: Mr. Amit Suresh Khungar
Nominal Share Capital: HK$10,000.00
(Divided into 10,000 shares of HK$1.00 each)
Issued Share Capital: HK$1.00
(As per registry dated 14-09-2013)
|
Name |
|
No. of share |
|
E2E Infotech Ltd. St. James House, 13 Kensington Square, London W8 5HD,
United Kingdom |
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1 = |
(As per registry dated 14-09-2013)
|
Name (Nationality) |
Address |
|
Amit Suresh Khungar |
Flat K, 43/F., Block 3, Merton, 8 Davis Street, Kennedy Town, Hong
Kong. |
|
Vaibhav SHUKLA |
7 West Park, London, SE9 4RY, U.K. |
(As per registry dated 14-09-2013)
|
Name |
Address |
Co. No. |
|
Boardroom Corporate Secretaries (HK) Ltd. |
31/F., 148 Electric Road, North Point, Hong Kong. |
1189239 |
The subject was incorporated on 14th September, 2007 as a private
limited liability company under the Hong Kong Companies Ordinance.
Originally the subject was registered under the name of Aurionpro
Solutions (Hong Kong) Ltd., name changed to the present style on 28th August,
2013.
Formerly the subject’s registered address was located at 12/F., The Lee
Gardens, 33 Hysan Avenue, Causeway Bay, Hong Kong where was the old operating
office of a commercial service provider Boardroom Corporate Secretaries (HK)
Ltd. [Boardroom]. Boardroom has moved to
the present address with effect from 24th June, 2013, so did the subject.
Apart from these, neither material change nor amendment has been ever
traced and noted.
Activities: Importer, Exporter and
Wholesaler.
Lines: Electronic
products.
Employee: 1.
Commodities Imported: Asian countries,
India, Europe, etc.
Markets: Hong Kong, China, other
Asian countries, Europe, etc.
Company Turnover: HK$51.8
million (Year ended 31-03-2013)
Terms/Sales:
As per
contracted.
Terms/Buying: L/C, T/T, D/P, etc.
Nominal Share Capital: HK$10,000.00 (Divided into 10,000
shares of HK$1.00 each)
Issued Share Capital: HK$1.00
Company Total Assets: HK$15.4
million (Year ended 31-03-2013)
Company Total Liabilities: HK$500,000.00 (Year ended 31-03-2013)
Company Profit After Taxation: HK$5.3
million (Year ended 31-03-2013)
Profit or Loss: Made a profit in FY 2013.
Condition: Business
is not active in Hong Kong.
Facilities: Making
fairly active use of general banking facilities.
Payment:
Met trade commitments as required.
Commercial Morality: Satisfactory.
Banker:
The Hongkong & Shanghai Banking
Corp. Ltd., Hong Kong.
Standing:
Small.
Formerly known as AurionPro Solutions (Hong Kong) Ltd., CameronTec (Hong
Kong) Ltd. [CameraonTec] is a wholly-owned subsidiary of E2E Infotech Ltd.
[E2E InfoTech], which is a UK-based firm.
Formerly the subject was wholly-owned by AurionPro Solutions Ltd. which
was an India-based firm. AurionPro
Solutions transferred its share to E2E Infotech on 21st August, 2013.
The subject does not have its own operating office. Its registered office is in a commercial
service firm located at 31/F., 148 Electric Road, North Point, Hong Kong known
as Boardroom Corporate Services (HK) Ltd. which is handling its correspondences
and documents. The corporate secretary
of the subject Boardroom Corporate Secretaries (HK) Ltd. is an associated
company of Boardroom Corporate Services (HK) Ltd.
Now, the subject is a member of CameronTec.
CameronTec has enjoyed a privileged position at the forefront of
electronic trading for almost 20 years.
As the embedded, standard, global FIX-based technology, CameronTec
innovation continues to shape the way markets publish, execute, clear, settle
and manage risk. With a robust code base
and comprehensive application suite, it continues to strengthen and build on
this legacy every day, forging new inroads in the areas of financial
infrastructure technology and FIX-based technology.
CameronTec’s solutions are trusted by leading firms in over 50 countries
on all 5 continents. Its customers today
collectively represent the largest install base in the industry, across a broad
cross section of exchanges, regulators, tier 1 and 2 investment banks, brokers,
fund managers and a diverse selection of members of the ISV community.
CameronTec’s flagship product Catalys provides an integrated platform
for operations, infrastructure and trading.
It is the ultimate enabler: open-standard-based and centrally managed to
truly harness unprecedented levels of performance, data interoperability,
convergence and business insight.
Catalys is designed to further empower brokers, banks and the buy-side
to aggregate, view and manage related trade data. FIX transactional data and also latency, risk
and operational data, all from a multitude of disparate third party systems,
gateways and applications. Catalys is
underpinned by its market-leading connectivity technology, and engineered on
the widely acknowledged standard in FIX engines, CameronFIX. Latest platform
technology enhancements include the new CatalysTrade line delivering order
entry and trading capabilities for a variety of deployment landscapes.
CameronTec offers customers with customer service and engagement teams
operate from our offices in London, Stockholm, Paris, Frankfurt, New York,
Chicago, Hong Kong and Sydney.
CameronTec has a dedicated team of seasoned professionals with extensive
backgrounds and expertise across all elements of the global financial landscape
- trading, sales, product development, customer service and of course,
technology.
With over 400+ separate FIX installations worldwide, stability and depth
of CameronTec’s development team remains critical to its business.
CameronTec is owned by Nordic Capital Fund VII.
The new director of the subject Mr. Vaibhav Shukla who is also the
founder and Managing Director of E2E InfoTech.
E2E InfoTech specialises in the area of technology for capital markets
and investment banking. It provides
solutions for electronic market access, FIX integration, integration around CameronTec,
integration around front office (Orc Software and others) trading systems,
solutions for trading at CME pits, solutions for algo trading and functional
and technical services around support and maintenance of such systems.
It has developed strong expertise in the area of FIX messaging and
integration.
The subject’s business in Hong Kong is not very active. History in Hong Kong is over six years
and a month.
For the year ended 31st March, 2013, the turnover of the subject
amounted to HK$51.8 million and its profit after tax was HK$5.3 million.
Since the subject just has changed hands in Hong Kong, consider it good
for business engagements on L/C basis.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.50 |
|
|
1 |
Rs.99.49 |
|
Euro |
1 |
Rs.84.88 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
RATING EXPLANATIONS
|
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 |
|
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.