MIRA INFORM REPORT

Report Date :

09.01.2014

IDENTIFICATION DETAILS

Name :	GAURAV INTERNATIONAL TRADING CO
Registered Office :	910/F La PyaytWun Plaza, Zip code/City 011191 Dragon Township, Yangon
Country :	Myanmar
Date of Incorporation :	01.01.2008
Legal Form :	Sole proprietorship/trader
Line of Business :	importer, exporter and trader of steel products, including galvanized plain sheet in coils, pre-painted galvanized plain steel sheet in coils, wire rods, steel scrap, deformed bar, steel deformed bar, billets, bitumen, export of pulses and beans & processed beans
No. of Employees :	15 (5 office staff and 10 workers)

RATING & COMMENTS

MIRA’s Rating :

B

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

Status :	Moderate
Payment Behaviour :	Unknown
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, 2013

Country Name	Previous Rating (30.06.2013)	Current Rating (30.09.2013)
Myanmar	B2	B2

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

REGISTERED NAME & COMPANY SUMMARY

Gaurav International Trading Co

ADDRESSES:

Main Address: 910/F La PyaytWun Plaza

Zip code/City: 011191 Dragon Township, Yangon, Myanmar

Telephone: +95 1 393448

Fax: +95 1 393448

Mobile: +95 9 5129740

Web site: http://www.gauravinternationaltrading.com

E-mail: gauravinternational2010@gmail.com

Profile

Established: 2008

Banks: No details available.

Employees: 15

CNPJ: -

DIRECTORS/MANAGEMENT

Official Administration:

Owner Dinesh ( ) Joshi

NEGATIVE INFORMATION

Public information:

There are no legal actions on record.

SHARE & SHARE CAPITAL INFORMATION

Legal form: Sole proprietorship/trader

Incorporation date: 01.01.2008

Balance sheet filing date: -

Tax Contributor Number (CNPJ): -

Legal status: active

Entry Deleted Name

active Gaurav International Trading Co

Entry Deleted Address

active 910/F La PyaytWun Plaza, 011191 Dragon Township,, Yangon, Netherlands/NL

PAYMENT INFORMATION

Import and Export:

Import, Export

Payment history:

No payment record available.

GROUP STRUCTURE & AFFILIATED COMPANIES

Financial information:

The company is not required to publish the accounts. Upon direct approach the proprietor did not wish to divulge

financial details.

FOREIGN EXCHANGE RATES

Exchange rate:

US$ 1,00 = MMK 970.698 - Official rate on 07.01.2014

ADDITIONAL INFORMATION

Main Activities:

The company is engaged in the import, export and trade of steel products, including galvanized plain sheet in coils, pre-painted galvanized plain steel sheet in coils, wire rods, steel scrap, deformed bar,steel deformed bar, billets, bitumen, export of pulses and beans, processed beans

Import: China, Vietnam and India

Export: India and Dubai

Staff comprises of 5 office staff and 10 workers (as per statement of the owner)

Operations & branches:

At the 910/F La PyaytWun Plaza, Dragon Township, 011191 Yangon we find the seat of operations.

Staff:

15

NOTES & COMMENTS

Credit to the recommended limit should be acceptable but should be monitored on a regular basis. However, it is accepted practice to seek (bank) guarantees when dealing with importers from Myanmar.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.24
UK Pound	1	Rs.102.17
Euro	1	Rs.84.82

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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.