MIRA INFORM REPORT

Report Date :

30.01.2014

IDENTIFICATION DETAILS

Name :	BULLION AND GEMS FZC
Registered Office :	Hamriyah Free Zone, P O Box 52312, Sharjah
Country :	United Arab Emirates
Date of Incorporation :	21.04.2010
Legal Form :	Free Zone Company
Line of Business :	Traders of gold bullion and precious stones

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 31^st, 2011

Country Name	Previous Rating (31.12.2010)	Current Rating (31.03.2011)
United Arab Emirates	a2	a2

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

SUMMARY

Company Name : BULLION AND GEMS FZC

Country of Origin : Dubai, United Arab Emirates

Legal Form : Free Zone Company - FZC

Registration Date : 21^st April 2010

Trade Licence Number : 6321

Issued Capital : UAE Dh 1,000,000

Paid up Capital : UAE Dh 1,000,000

Total Workforce : 6

Activities : Traders of gold bullion and precious stones.

Financial Condition : Undetermined

Payments : Nothing detrimental uncovered

Recommended Credit Limit : US$ 50,000

COMPANY NAME

BULLION AND GEMS FZC

company ADDRESS

Registered Address

Location : Hamriyah Free Zone

PO Box : 52312

Town : Sharjah

Country : United Arab Emirates

Telephone : (971-6) 5683997

Physical Address

Location : Gold Centre Building, Suite No. 28, 1^st Floor, Zone No. 5

Area : Gold Souq

Town : Dubai

Country : United Arab Emirates

Telephone : (971-4) 2254254

Facsimile : (971-4) 2266387

Mobile : (971-50) 4596399

Email : hrbafna50@gmail.com

Premises

Subject operates from a small suite of offices that are rented and located in the Central Business Area of Dubai.

KEY PRINCIPALS

Name Nationality Position

· Herchand Bafna Indian Managing Director

LEGAL FORM & OWNERS

Date of Establishment : 21^st April 2010

Legal Form : Free Zone Company - FZC

Trade Licence No. : 6321 (Expires 20/04/2012)

Issued Capital : UAE Dh 1,000,000

Paid up Capital : UAE Dh 1,000,000

Name of Shareholder (s) Percentage

· Herchand Bafna 100%

AFFILIATED COMPANIES

· Bali Bullion Trading FZC

Gold Centre Building, Suite No. 28, 1^st Floor, Zone No. 5

Gold Souq

Dubai

Tel: (971-4) 2254254

Fax: (971-4) 2266387

Lic. No. 6488

OPERATIONS

Activities: Engaged as traders of gold bullion and precious stones.

Import Countries: Europe and the Far East.

Subject has a workforce of 6 employees.

FINANCIAL DATA

Subject is a newly formed business and as a result financial information is not currently available.

BANKERS

· Commercial Bank of Dubai

Baniyas Street

Deira

PO Box: 1709

Dubai

Tel: (971-4) 2227121 / 2253222

Fax: (971-4) 2220943 / 2254565

PAYMENT HISTORY

No complaints regarding subject’s payments have been reported.

GENERAL COMMENTS

In view of subject’s infancy, extensive payment and financial are not available, therefore dealings are recommended to be on secured terms, and a close monitoring of subject’s business development is advisable.

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.20
UK Pound	1	Rs.103.12
Euro	1	Rs.84.96

INFORMATION DETAILS

Report Prepared by :

NIS

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