|
Report Date : |
11.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
ASTER INFRASTRUCTURE
SERVICES LIMITED |
|
|
|
|
Registered Office : |
193, Near |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
02.05.2004 |
|
|
|
|
Legal Form : |
Subsidiary of A Foreign Company |
|
|
|
|
Line of Business : |
Provider of solutions in Telecom and associated fields. |
|
|
|
|
No of Employees : |
Not Available |
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 : |
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 – december 01, 2013
|
Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
|
Afghanistan |
C2 |
C2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
AFGHANISTAN - ECONOMIC
OVERVIEW
Afghanistan's economy is
recovering from decades of conflict. The economy has improved significantly since
the fall of the Taliban regime in 2001 largely because of the infusion of
international assistance, the recovery of the agricultural sector, and service
sector growth. Despite the progress of the past few years, Afghanistan is
extremely poor, landlocked, and highly dependent on foreign aid. Much of the
population continues to suffer from shortages of housing, clean water,
electricity, medical care, and jobs. Criminality, insecurity, weak governance,
lack of infrastructure, and the Afghan Government's difficulty in extending
rule of law to all parts of the country pose challenges to future economic
growth. Afghanistan's living standards are among the lowest in the world. The
international community remains committed to Afghanistan's development, pledging
over $67 billion at nine donors' conferences between 2003-10. In July 2012, the
donors at the Tokyo conference pledged an additional $16 billion in civilian
aid through 2015. Despite this help, the Government of Afghanistan will need to
overcome a number of challenges, including low revenue collection, anemic job
creation, high levels of corruption, weak government capacity, and poor public
infrastructure.
|
Source
: CIA |
Name of Company: Aster Infrastructure Services Limited
Company acronym: AISL
Headquarter Address: 193, Near Naderia High School,
Karte
Parwan, Kabul,
Afghanistan
Tel:
+93 777 12860 / +93 70010741/ +93 777127887
E-mail: info@asterinfra.com
/ madhu@atspl.com
Website:
www.aster-af.com
Legal Form: Subsidiary of a foreign company
Legal Address: 193, Near Naderia High School,
Karte Parwan, Kabul,
Afghanistan
License No: I-10297
Registration Date:02/05/2004
Capital: 14,000,000.00 AFN
Registration: Kabul
Parent Co:
Aster Private
Limited
E-67, 4th Crescent Road, Sainikpuri,
Hyderabad,
India - 500 094
Tel : +91 (0)
40 2711 1199
Fax: +91 (0)
40 2711 0535
Provider of solutions in Telecom and associated fields.
House No. 71/8, Street No. 2, beside Daramsala Kart-E-Parwan, Kabul
Afghanistan
-
Mr. Ameen Thamer –Executive Director
(
Nationality: Afghani- Place of his birth: Afghanistan- Age: 45)
-
Mr.
Zuhair Alshagra – Director
(
Nationality: Afghani- Place of his birth: Afghanistan- Age: 48)
-
Mr.
Bilal Mahdi- Director
(
Nationality: Afghani- Place of his birth: Afghanistan- Age: 45)
-
Mr.
Moez Nabil – Manager
(
Nationality: Afghani- Place of his birth: Afghanistan- Age: 38)
-
Farydon
Osmany – Manager
(
Nationality: Afghani- Place of his birth: Afghanistan- Age: 32)
Import from: India
Import term: L/C
|
Aster
Private Limited |
|
LOB
- 6G/19, PO BOX No: 42800, Hamriyah Free Zone |
|
Sharjah |
|
- 42800 |
|
United
Arab Emirates |
-
In the interview with Mr. Bilal Mahdi -
Director, he refused to cooperate with us.
-
Note:
the address which you provided is the branch address of the company.
The company being investigated is considered
by local reporters to be a Medium
Trade Risk and to be fair
All of the owners / shareholders have an
active participation in the running of the business.
Old business
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 62.19 |
|
|
1 |
Rs. 102.13 |
|
Euro |
1 |
Rs. 84.74 |
INFORMATION DETAILS
|
Report Prepared
by : |
DPT |
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.