MIRA INFORM REPORT

Report Date :

22.12.2014

IDENTIFICATION DETAILS

Name :	STOTRAS PTY LTD

Registered Office :	Unit 11, 33A Byron Street, P O Box 82, Elwood Victoria 3184

Country :	Australia

Date of Incorporation :	01.07.2013

Com. Reg. No.:	164590167

Legal Form :	Australian Proprietary Company

Line of Business :	The Subject is a chemical and resource trading company providing chemical, logistic and procurement solutions for companies throughout Australasia.

No. of Employees :	2 (Estimated)

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Slow but correct

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 – September 30, 2014

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

Australia

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

AUSTRALIA - ECONOMIC OVERVIEW

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, Australia had experienced more than 20 years of continued economic growth, averaging 3.5% a year. Demand for resources and energy from Asia and especially China has grown rapidly, creating a channel for resources investments and growth in commodity exports. The high Australian dollar has hurt the manufacturing sector, while the services sector is the largest part of the Australian economy, accounting for about 70% of GDP and 75% of jobs. Australia was comparatively unaffected by the global financial crisis as the banking system has remained strong and inflation is under control. Australia has benefited from a dramatic surge in its terms of trade in recent years, stemming from rising global commodity prices. Australia is a significant exporter of natural resources, energy, and food. Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the World Trade Organization, APEC, the G20, and other trade forums. Australia has bilateral free trade agreements (FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia, Japan, and the Republic of Korea, as well as with its Pacific neighbors and the Gulf Cooperation Council countries, and is also working on the Trans-Pacific Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and Vietnam.

Source : CIA

IDENTIFICATION

Verified
Subject name:	STOTRAS PTY LTD
Address:	Unit 11, 33a Byron Street	Postal address:	PO Box 82
Town:	Elwood	Town:	Elwood
State/province:	Victoria	State/province:	Victoria
Zip/postal code:	3184	Zip/postal code:	3184
Country:	Australia
Telephone:	+61 (3) 99734984
Mobile phone:	+61 422319179 (Saurabh Ben Gupta)
Fax:	+61 (3) 99236326
E-mail:	ben@stotras.com.au info@stotras.com.au
Website:	www.stotras.com.au

EXECUTIVE SUMMARY

Date registered:	01-07-2013
Legal form:	Australian Proprietary Company
Share capital	AUD 100
Main activities:	Trading company
Employees:	2 (estimated)

REGISTRY DATA

Key Facts
Date registered:	01-07-2013
Legal form:	Australian Proprietary Company
Registration no:	ACN: 164590167
Registry auth.	Australian Securities & Investments Commission
Tax number:	ABN: 89164590167
Registry status:	Live/Active

LEGAL FILINGS

Bankruptcy filings:	None
Court judgements:	None
Tax liens:	None
Other:	None

MANAGEMENT & STAFF

Key Managers
Name:	Saurabh Gupta
Job title:	Director and Company Secretary

Staff
No of employees	2 (estimated)

BOARD OF DIRECTORS / OTHER APPOINTMENTS

Appointments
Name:	Saurabh Gupta
Board function:	Director and Company Secretary
Date appointed:	01-07-2013
Address:	Unit 11 33a Byron Street Elwood, VIC 3184 Australia
Biography:	Born: 09/09/1980 Birth Place: Barnala, India

SHARE CAPITAL

Composition
Authorised:	AUD 100
Number/type:	10 ordinary shares
Share value:	AUD 1
Issued:	AUD 100
Paid-up:	AUD 100

Shareholders/Owners

How Listed	Full List

Composition
Name:	Saurabh Gupta
No. of shares:	10 ordinary shares
% of shares:	100%
Address:	Unit 11 33a Byron Street Elwood, VIC 3184 Australia

CORPORATE AFFILIATIONS

Comments

None reported.

BANKING & FINANCING

Bankers
Bank name:	NATIONAL AUSTRALIA BANK
Address:	Australia

Comments	It is generally not the policy of local banks to provide credit status information to non-bona fide applications, and interested parties would be advised to consult first with the Subject if banker's references are required.

FINANCIAL ACCOUNTS

Description
Required to file:	No
Source:	N/A

Comments	Private Companies in Australia are not required to file accounts unless classified as "Large", which at the moment means that two out of the following three conditions are met: - The company has a sales turnover of over AUD 25,000,000; - The company has total assets of over AUD 12,500,000; - The company employs 50 people or more. The Subject does not meet the criteria of being a large proprietary company. We spoke to Mr. Ben Gupta, who has verified company's basic information. Regarding the company's latest financial statements, he stated that they will be available around January 2015. At the moment, he was unable to provide any financial documents as he was out of station at the moment.

OPERATIONS & HISTORY

Activities

Full description:

The Subject is a chemical and resource trading company providing chemical, logistic and procurement solutions for companies throughout Australasia. The company also services in a vast array of fields including chemical application solutions, streamlining of national and international logistics, and value chain analysis.

Products/services:

Agriculture:

Herbicides, Insecticides and Fungicides

Amino Acids and Pyrethroids

Animal and Public health

Performance Coatings and Polymers:

Pigments & Solvents

UV Monomers and Oligomers

Resins and Additives

Mining & Water Treatment:

Xanthates

Galactomannans and Flocculants

Food & Beverage:

Fresh and Dairy products

Additives, Stabilizers and Preservatives

Basic and functional Ingredients

PROPERTY & ASSETS

Premises

The Subject's head office is located at the heading address.

PAYMENTS

Debt Collections/ Judgements	No negative information was found.

Payment Experience
Payment behaviour:	Slow but correct

INVESTIGATIVE NOTES

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.63.07
UK Pound	1	Rs.98.73
Euro	1	Rs.77.46

INFORMATION DETAILS

Analysis Done by :	RAS

Report Prepared by :	NIT

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.