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Report Date : |
24.07.2014 |
IDENTIFICATION DETAILS
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Name : |
TWIN TECH (INDIA) PRIVATE LIMITED (w.e.f.01.12.2007) |
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Formerly Known
As : |
TWIN TECH TRADING ( |
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Registered
Office : |
House No.61, Surender Colony-II, Jharoda, New Delhi-110048 |
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Country : |
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Financials (as
on) : |
31.03.2013 |
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Date of Incorporation
: |
02.12.2004 |
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Com. Reg. No.: |
55-130904 |
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Capital
Investment / Paid-up Capital : |
Rs.4.628
Millions |
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CIN No.: [Company
Identification No.] |
U51909DL2004PTC130904 |
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TAN No.: [Tax Deduction
& Collection Account No.] |
MRTT00790G |
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PAN No.: [Permanent
Account No.] |
AACCT1495K |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
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Manufacturers and Traders of Industrial Products |
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No. of Employees
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28 (Approximately) |
RATING & COMMENTS
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MIRA’s Rating : |
B (29) |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 34000 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Clear |
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Comments : |
Subject is a small company in its field. Its scales of activities are limited. However, trade relations are reported to be fair. Business is active.
Payment terms are slow but correct. The company can be considered for small business dealings with some
caution. |
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, 2014
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Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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India |
A1 |
A1 |
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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 |
INDIAN ECONOMIC OVERVIEW
N E W S
The economy grew 4.7 %in 2013/14, marking a
second straight year of sub-5 % growth – the worst slowdown in more than a
quarter of a century. The data was below an official estimate of 4.9 % annual
growth and compared with 4.5 % in the last fiscal year. However, the current
account deficit narrowed sharply to $ 32.4 billion at 1.7 % of gross domestic
product, in 2013/14 from a record high of $ 98.8 billion or 4.7 %, the year
before.A sharp fall in gold imports due to restrictions on overseas purchases
and muted import of capital goods helped shrink the current account deficit.
Online retailer Flipkart has acquired fashion portal Myntra as it prepares to battle with the rapidly expanding India arm of the global e-comme