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Report Date : |
19.03.2014 |
IDENTIFICATION DETAILS
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Name : |
SAYAPATRY AUTO PVT. LTD. |
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Registered Office : |
Ananmani-4, Birat Nagar, Birth Node, Jhapa |
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Country : |
Nepal |
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Financials (as on) : |
15.07.2012 |
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Date of Incorporation : |
2006 |
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Legal Form : |
Private Limited |
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Line of Business : |
Trader, Dealer and Distributor of Car, Zeep, Motor Cycle and Motor
Parts. |
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No. of Employees : |
20 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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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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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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) |
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Nepal |
B1 |
B1 |
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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 |
NEPAL - ECONOMIC OVERVIEW
Nepal is among the poorest
and least developed countries in the world, with about one-quarter of its
population living below the poverty line. Agriculture is the mainstay of the
economy, providing a livelihood for three-fourths of the population and
accounting for a little over one-third of GDP. Industrial activity mainly
involves the processing of agricultural products, including pulses, jute,
sugarcane, tobacco, and grain. Nepal has considerable scope for exploiting its
potential in hydropower, with an estimated 42,000 MW of feasible capacity, but
political instability hampers foreign investment. Additional challenges to
Nepal's growth include its landlocked geographic location, civil strife and
labor unrest, and its susceptibility to natural disaster. The lack of political
consensus in the past several years has delayed national budgets and prevented
much needed economic reform. As a result, Nepal depends on agricultural
productivity and remittance earnings to drive economic growth.
Source
: CIA
SAYAPATRY AUTO PVT.
LTD.
Ananmani-4, Birat Nagar, Birth Node, Jhapa, Nepal
Tel No.: 0977-023-542965
Mobile No.: 0977-9852672700
E-Mail : acc.sayapaty@gmail.com
2006
Private Limited
Trader, Dealer and Distributor of Car, Zeep, Motor Cycle and Motor
Parts.
·
Mr. Raju Upraty
·
Mr. Ramchandra Upraty
Importers of Country
Car, Zeep, Motor Cycle and Motor Parts.
India
Purchasing Terms : Cash and Credit
Selling Terms : Cash and Credit
· Retailers
· End Users
20
Nepal Industrial & Commercial Bank Limited
Address : Kathmandu, Nepal
Facilities : CC – 35 Lacs
N. K. Tuladhar & Sons
Chartered Accountant
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Financial : |
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BALANCE SHEET AS
AT 15.07.2012 |
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Liabilities |
Amount (Rs.) |
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Assets |
Amount (Rs.) |
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Paid Up Capital |
14,672,000 |
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Fixed Assest |
5848248 |
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Secured Loan |
27,721,697 |
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Investments |
4,731,477 |
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Unsecured Loan |
3,676,994 |
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Inventories |
30,000,000 |
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Cash & Bank |
5,103,766 |
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Sundry Debtors |
387,200 |
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Total |
46,070,691 |
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46,070,691 |
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Rs. |
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Sales |
28,863,138 |
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Expenditure |
2,007,910 |
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Profit Before
Tax |
21,763 |
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Profit After Tax |
17,125.00 |
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Mr. Udhav Gautam
Manager
Tel No.: 0977-23-542965
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.95 |
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|
1 |
Rs.101.37 |
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Euro |
1 |
Rs.84.89 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.