MIRA
INFORM REPORT
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Report Date : |
9th
November, 2006 |
IDENTIFICATION
DETAILS
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Name : |
SELANI
& SELANI |
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Registered Office : |
MR 5-43N, Daryalal Street, Jodia Bazar,
Karachi-74000, Pakistan |
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Country : |
Pakistan |
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Date of Incorporation : |
2000 |
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Legal Form : |
Partnership
Business |
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Line of Business : |
Import & Trading of Dry Fruits, Spices,
Ginger, Garlic & Pulses |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory
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Payment Behaviour : |
Usually
Correct |
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Litigation : |
Clear |
Business Name
SELANI
& SELANI
Full Address
Registered
Address
MR 5-43N, Daryalal Street, Jodia Bazar, Karachi-74000,
Pakistan.
Tel 92
(21) 2442205, 2166495, 2441377
Fax 92
(21) 2440523
Email ---
Short Description Of Business
a. Nature of Business Import & Trading of Dry Fruits, Spices, Ginger, Garlic & Pulses
b. Year Established 2000
Branches
None
Legal Status
Subject
Company was established as a Partnership Business in 2000
Details of Managing
Partner/partners
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Names |
Nationality |
Address |
Occupation |
Designation |
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Mr.
Rafiq Mr.
Nadeem |
Pakistani Pakistani |
MR 5-43N, Daryalal Street, Jodia Bazar, Karachi-
74000, Pakistan MR 5-43N, Daryalal Street, Jodia Bazar, Karachi-
74000, Pakistan |
Business Business |
Managing
Partner Partner |
Associates
A. Subsidiary
None
B. Associated
Companies
Selani Corporation, Karachi, Pakistan.
Selani Asia International Trading Co., Pakistan.
Import of
Import & Trading of Dry Fruits, Spices, Ginger,
Garlic & Pulses
Number of Employees
5
Annual Sales Volume
Year In Pak Rupees
2005 43,800,000/- (Estimated)
Suppliers (Foreign)
PROKUEN
TRADING CO. LIMITED, HONG KONG.
RIZHAO
YATAI FOODSTUFFS CO. LIMITED, CHINA.
CITRA
MULTIMODAL SERVICES, MALAYSIA.
C.V.
SUMBER MURNI, INDONESIA.
Customers
Mainly Traders, from Jodia Bazar, Kagzi Bazar,
Departmental Stores located in Karachi & Lahore
Bankers and their addresses
(1) Meezan Bank Limited, Jodia Bazar Branch,
Karachi, Pakistan.
(2) KASB Bank Limited, Jodia Bazar Branch, Karachi,
Pakistan.
Foreign Exchange Rates
Currency Unit Pakistani Rupee
US
Dollar 1 Rs. 60.68
UK Pound 1 Rs. 115.15
Euro 1 Rs. 77.15
Comments
Subject
Company was established in 2000 and is engaged in import and trading of Dry Fruits, Spices, Ginger, Garlic &
Pulses. Trade relations are reported as fair. Payments to creditors are
reported as normal. Subject Company can be considered for normal business
dealings at usual trade terms and conditions.
RATING EXPLANATIONS
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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 |
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41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
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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NR |
In view of the lack of information, we
have no basis upon which to recommend credit dealings |
No Rating |
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