|
Report No. : |
309144 |
|
Report Date : |
07.03.2015 |
IDENTIFICATION DETAILS
|
Name : |
ASTER
INFRASTRUCTURE SERVICES LIMITED |
|
|
|
|
Registered Office : |
193, Near Naderia High School, Karte Parwan, Kabul |
|
|
|
|
Country : |
Afghanistan |
|
|
|
|
Date of Incorporation : |
02.05.2004 |
|
|
|
|
Legal Form : |
Foreign Company |
|
|
|
|
Line of Business : |
·
Provider of solutions in
Telecom and Associated Fields. ·
Subject is an Engineering Services Company, offering wide range of
diverse and Dependable Customized Turnkey Solutions for various Industrial
and Consumer Needs. Subject provides following
turnkey solutions :- Transmission &
Distribution ·
Design and Supply of
Transmission Towers ·
Transmission Lines
Construction ·
EHV Substations Construction ·
Distribution Systems Telecom ·
Project Management Services ·
RF Engineering Services ·
Telecom Towers Design &
Supply ·
Engineering Constructions
& Projects ·
Engineering Services ·
Operations & Maintenance Pre Engineered
Buildings Others ·
Broadcasting &
Communication Projects ·
Railway Structural Projects ·
Power Plant Structures ·
Wind Energy Projects ·
Poles, High Masts &
Monopoles |
|
|
|
|
No of Employees : |
Not Available [NOTE: We tried to confirm
the number of employees but no one is ready to part any information from the
company management.] |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Afghanistan |
C2 |
C2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Afghanistan ECONOMIC OVERVIEW
Afghanistan's economy is
recovering from decades of conflict. The economy has improved significantly
since the fall of the Taliban regime in 2001 largely because of the infusion of
international assistance, the recovery of the agricultural sector, and service
sector growth. Despite the progress of the past few years, Afghanistan is
extremely poor, landlocked, and highly dependent on foreign aid. Much of the
population continues to suffer from shortages of housing, clean water,
electricity, medical care, and jobs. Criminality, insecurity, weak governance,
lack of infrastructure, and the Afghan Government's difficulty in extending
rule of law to all parts of the country pose challenges to future economic
growth. Afghanistan's living standards are among the lowest in the world. The
international community remains committed to Afghanistan's development,
pledging over $67 billion at nine donors' conferences between 2003-10. In July
2012, the donors at the Tokyo conference pledged an additional $16 billion in
civilian aid through 2015. Despite this help, the Government of Afghanistan
will need to overcome a number of challenges, including low revenue collection,
anemic job creation, high levels of corruption, weak government capacity, and
poor public infrastructure. Afghanistan's growth rate slowed markedly in 2013.
|
Source
: CIA |
Name of Company: Aster Infrastructure Services
Limited
Company acronym: AISL
Headquarter Address:
193, Near Naderia High School,
Karte
Parwan, Kabul,
Afghanistan
Tel: +93 777 12860 / +93
70010741/ +93 777127887
E-mail: info@asterinfra.com / madhu@atspl.com
Website: http://www.afghanex.com/
www.aster-af.com/
Legal Form: FOREIGN
COMPANY
Legal Address: 193, Near Naderia High School,
Karte Parwan, Kabul,
Afghanistan
License No: I-10297
Registration Date: 02/05/2004
Capital: 14,500,000.00
AFN
Registration: Kabul
Parent Co:
Aster Private Limited
E-67, 4th Crescent Road, Sainikpuri,
Hyderabad, India - 500 094
Tel : +91 (0) 40 2711 1199
Fax: +91 (0) 40 2711 0535
·
Provider of solutions in
Telecom and Associated Fields.
·
Subject is an Engineering Services Company, offering wide range of
diverse and Dependable Customized Turnkey Solutions for various Industrial and
Consumer Needs.
Subject provides following
turnkey solutions :-
Transmission &
Distribution
·
Design and Supply of
Transmission Towers
·
Transmission Lines
Construction
·
EHV Substations Construction
·
Distribution Systems
Telecom
·
Project Management Services
·
RF Engineering Services
·
Telecom Towers Design &
Supply
·
Engineering Constructions
& Projects
·
Engineering Services
·
Operations & Maintenance
·
Pre Engineered Buildings
Others
·
Broadcasting &
Communication Projects
·
Railway Structural Projects
·
Power Plant Structures
·
Wind Energy Projects
·
Poles,
High Masts & Monopoles
House No. 71/8, Street No.
2, beside Daramsala Kart-E-Parwan, Kabul, Afghanistan
- Mr. Ameen Thamer –Executive
Director
( Nationality: Afghani-
Place of his birth: Afghanistan- Age: 45)
- Mr. Zuhair Alshagra – Director
( Nationality: Afghani- Place
of his birth: Afghanistan- Age: 48)
- Mr. Bilal Mahdi- Director
( Nationality: Afghani-
Place of his birth: Afghanistan- Age: 45)
- Mr. Moez Nabil – Manager
( Nationality: Afghani-
Place of his birth: Afghanistan- Age: 38)
- Farydon Osmany – Manager
( Nationality: Afghani-
Place of his birth: Afghanistan- Age: 32)
- Zubair Farhat Khan- Manager
( Nationality: Afghani-
Place of his birth: Afghanistan- Age: 26)
Import from: India
Import term: L/C
|
Aster Private Limited |
|
|
|
LOB - 6G/19,
PO BOX No: 42800, Hamriyah Free Zone |
|
|
Sharjah |
|
|
- 42800 |
|
|
United Arab
Emirates |
|
Aster Infrastructure
Services Limited
Nigeria
- In the interview with Mr. Bilal Mahdi - Director, he
refused to cooperate with us.
- Note: the address which you provided is the branch address
of the company.
Local Reputation:
The company being
investigated is considered by local reporters to be a Medium
Trade Risk and to be fair.
Owner/Shareholders Comments:
All of the owners /
shareholders have an active participation in the running of the business.
Age of Business:
Old business
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.20 |
|
UK Pound |
1 |
Rs.94.71 |
|
Euro |
1 |
Rs.68.60 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.