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Report Date : |
18.09.2014 |
IDENTIFICATION DETAILS
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Name : |
P.T. INDOSHAN
ANUGRAH |
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Registered Office : |
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Country : |
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Date of Incorporation : |
16.04.2012 |
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Com. Reg. No.: |
No. AHU-35598.AH.01.01.TH.2012 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
General Trading, Export Import Services |
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No. of Employees |
Not Available |
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 : |
Unknown |
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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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Indonesia |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
INDONESIA - ECONOMIC OVERVIEW
Indonesia, a vast polyglot nation, has grown strongly since 2010. During the global financial crisis, Indonesia outperformed its regional neighbors and joined China and India as the only G20 members posting growth. The government has promoted fiscally conservative policies, resulting in a debt-to-GDP ratio of less than 25% and historically low rates of inflation. Fitch and Moody's upgraded Indonesia's credit rating to investment grade in December 2011. Indonesia still struggles with poverty and unemployment, inadequate infrastructure, corruption, a complex regulatory environment, and unequal resource distribution among regions. The government also faces the challenges of quelling labor unrest and reducing fuel subsidies in the face of high oil prices.
|
Source
: CIA |
Name of Company :
P.T. INDOSHAN ANUGRAH
A d d r e s s :
Head Office
Kompeks Rukan Sudirman Park Block B No. 20
Jala K.H. Mas Mansyur Kav. 35
Jakarta Pusat, 10220
Indonesia
Phones -
(62-21) Not Enrolled
Fax - (62-21) Not Enrolled
Mobile Phone - 0811 7777118,
0816 777707
E-mail - indoneshananugrah@gmail.com
Building Area - 2 storey
Office Space - 80 sq. meters
Region - Commercial
Status - Rent
Date of Incorporation
:
16 April 2012
Legal Form :
P.T. (Perseroan Terbatas) or Limited Liability Company
Company Reg. No. :
The Ministry of
Law and Human Rights
No. AHU-35598.AH.01.01.TH.2012
Dated 29 June 2012
Company Status :
National Private Company
Permit by the Government Department :
The Department of
Finance
Not Available
Related Company :
None
Capital Structure :
Authorized Capital : Rp.
1,000,000,000.-
Issued Capital :
Rp. 600,000,000.-
Paid up Capital :
Rp. 600,000,000.-
Shareholders/Owners :
a. Mr. Shankar Ramchand -
Rp. 240,000,000.-
Address : Jl.
Danau Indah Barat III Block B. 2/25, RT. 003
RW. 014, Kelurahan Sunter
Jaya, Kecamatan
Tanjung Priok, Jakarta Utara
Indonesia
b. Mrs. Neta Ramchand -
Rp. 210,000,000.-
Address : Jl. Danau Indah Barat III Block B. 2/25, RT. 003
RW. 014, Kelurahan Sunter
Jaya, Kecamatan
Tanjung Priok, Jakarta
Utara
Indonesia
c. Mrs. Poonam -
Rp. 150,000,000.-
Address : Jl. Danau Indah Barat III Block B. 2/25, RT. 003
RW. 014, Kelurahan Sunter
Jaya, Kecamatan
Tanjung Priok, Jakarta Utara
Indonesia
Lines of Business :
General Trading, Export Import Services
Production Capacity :
None
Total Investment :
None
Started Operation :
2015 (Planned)
Brand Name :
Indoshan Anugrah
Technical Assistance :
None
Number of Employee :
None
Marketing Area :
Local - 100%
Main Customer :
No Comment
Market Situation :
Very Competitive
Main Competitors :
No Comment
Business Trend :
No Comment
B a n k e r s :
Unknown
Auditor :
Internal Auditor
Litigation :
No litigation record in our database
Annual Sales (estimated) :
None
Net Profit (estimated) :
None
Payment Manner :
Average
Financial Comments :
Satisfactory
Board of Management :
President Director - Mr. Shankar Ramchand
Director - Mrs. Neta Ramchand
Board of Commissioners :
Commissioner - Mrs. Poonam
Signatories :
President Director (Mr. Shankar
Ramchand) or the Director (Mrs. Neta Ramchand) which must be approved by Board
of Commissioner
Management Capability :
Satisfactory
Business Morality :
Satisfactory
Credit Risk :
High
Based on investigation through above address we did not found Subject
Company. Besides according information through Telkom Information Jakarta that
Subject Company has yet been registered in Jakarta Book Telkom Directory.
P.T. INDOSHAN ANUGRAH (P.T. IA) was established in Jakarta based on
notary deed Mr. Ichsan Tedjabuana, SH., no. 48 dated 16 April 2012 with the
authorized capital of Rp. 1,000,000,000 issued capital of Rp. 600,000,000
entirely paid up. The founding and shareholders of the company are Mr. Shankar
Ramchand (40%), Mrs. Neta Ramchand (35%) and Mrs. Poonam (25%), they are
Indonesian business family of India tribe. The notary deed of incorporation was
approved by the Ministry of Law and Human Rights in its decision letter No.
AHU-35598.AH.01.01.TH.2012 dated June 29, 2012.
P.T. IA is a private company plans its activity in general trading,
distribution and export import services. To conduct business in Service line,
such as:
Pursue general trading including exports and imports, and the local
inter-island trade, both for the calculation of the person or other legal
entity on the basis of commission or commission basis, acting as supplier,
wholesaler, supplier, distributor, agency or representative of a corporation or
other legal entity, both from within and outside the country
Setting up and running a building business bureau
and receive, plan
and execute the construction of
houses, buildings, roads, bridges, irrigation,
dams, or trending dock contractor
Setting up and running a business with engineering bureau
receives, funding to implement planned installation
of electricity, water, telecommunications, machine, gas and diesel
Running a business in the mining, quarrying rock mines,
clay, limestone and granite sand
Doing business in agriculture, agro industry,
agribusiness, forestry, plantation, animal husbandry, aquaculture / marine
and aquaculture
Doing business in services, except in areas of legal and
tax
Operating within the field of the transport on land, both for
people and goods
Do the printing business including publishing, binding and
advertising
We refrain from informing the business prospect of the company for
having yet to be in operation up to now. Considering P.T. IA having yet to be
in operation, the financial condition of the company is just as it’s paid up
capital of Rp. 600,000,000 as stated in its article of association. The
financial condition of the company strongly depends on the financial condition
of its shareholders.
The management of P.T. IA is led by Mr. Shankar Ramchand (48) as
President Director, Mrs. Neta Ramchand (41) as Director and Mrs. Poonam (41) as
Commissioner. So far, we did not hear that the management of the company being
filed to the district court for detrimental cases or involved in any business
malpractices. The company’s litigation record is clean and it has not
registered with the black list of Bank of Indonesia. Considering P.T. INDOSHAN
ANUGRAH having yet to be in commercial operation, we recommend to treat
prudently in business transaction and in extending a loan to the company.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.95 |
|
UK Pound |
1 |
Rs.99.32 |
|
Euro |
1 |
Rs.78.97 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SDA |
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 |
|
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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 |
|
|
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.