MIRA
INFORM REPORT
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Report Date : |
03.07.2007 |
IDENTIFICATION DETAILS
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Name : |
Iran Alborz Ink Company |
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Registered Office : |
5th Floor, No.192, Between Gharani & |
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Country : |
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Date of Incorporation : |
23.Jan.1967 |
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Com. Reg. No.: |
12900 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Producing of printing ink. |
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 : |
Regular |
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Litigation : |
Clear |
Company Name
Full Company Name : Iran Alborz Ink Company
Persian Name : Sharkate Morakabe Albrze
Important Briefing
Business Open Date 1968
Legal Form: Private Joint Stock Company
Nominal Capital: IRR 2,550,000,000.00
Industry: Printing Products
Activity: Manufacturing
No. of Employees: 60
Management Address
Address: 5th Floor, No.192, Between Gharani
& Iranshar Street,
City:
Postal Code: 1584794715
Country:
Telephone: 009821 88843905
Telephone 2: 009821 88843904
Fax: 009821 88843906
Email : alborzinkco@gmail.com
Registration Detail
Business Open Date: 1968
Registration Date 23.Jan.1967
Present Legal Form Private Joint Stock Company
Registration Number 12900
City of
Registration office 5th Floor, No.192, Between Gharani
& Iranshar Street,
Registration Postal Code 1584794715
Registration Country
Operations
Employees
No. of Employees :
60
Main Physical
Premises
Operates From: Owned Office
Real Estate Status: On a central business area-main road-near an airport
Branches ( Warehouse,
Office, Factory
etc.)
Address: No.103,
City:
Country:
Tenure: Owned factory
Location: on a central business area-main road-near an airport
Size: 6,000 Sq/m
Telephone: 009821 77804556-7
Fax: 009821 77890083
Factory Manager: Mr. Varojan Gavafian
Activity: Producing of printing ink
Employees in Factory: 40
Capital
Issued Capital IRR 2,550,000,000.00
Nominal Capital All
Paid up capital All
Previous Capital IRR 85,000,000.00
Date of increased 1998
Principals
information
Name : Mr. Ali
Last name: Taromi
Title: chairman Representative of Ofset Company)
Nationality: Iranian
University degree: BA
Name : Mr. Davood
Last name: Shayesteh Kheslat
Title: managing director (Representative of Graphico S.A Company
Nationality: Iranian
University degree: BA
Name : Mr. Saro
Last name: Rostami
Title: vice-chairman & mem of dir board
Nationality: Iranian
University degree: BA
Name : Mr. Seyed Bahman
Last name: Shiravani
Title: mem of dir board
Nationality: Iranian
University degree: BA
Name : Mr. Seyed Ahmad
Last name: Hosseini
Title: mem of dir board
Nationality: Iranian
University degree: BA
Name : Mr. Mohsen
Last name: Chini Foroushan
Title: Understudy member
Nationality: Iranian
University degree: BA
Name : Ms. Maryam
Last name: Soofi
Born: 1960
Title: Financial manager
Nationality: Iranian
University degree: BA
Major: in Accountancy
Parent
Name of Parent Company: Ofset Company
%Shares: 83%
Shareholders
Name: Graphico S.A Company
%Shares: 17% of the voting capital
Business
Activity
Industry Printing products
Activity manufacturing
Subject is engaged in producing of printing ink.
Production
Product: Ink
Capacity: 800
Measure: Tonnes/Yearly
Customers
Number of customers 40
Type of customers Storess, printing-houses & unions
Trade References
Company Name: Micro Ink Co
Relationship: Seller
Type of supplier: International
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Products sold Ink
Comments: Good
Postal Details
Postal Code: 1584794715
P O Suburb
Brand Name
Name: Morakab Alborz
Product(s): Ink
Banking Information
Name: Bank Melli
Branch: Saadi
Address:
City:
Country:
Telephone : 009821 33118137
Account No. : # 15102
Name: Bank Tejarat
Branch: Karimkhan
Address: Corner
of
City:
Country:
Telephone : 009821 88303149
Account No. : # 24819000
Importing Information
Country: From:
Amount: 70%
Product and Services: Raw material
Terms: cash
Exporting Information
Country: To: Non
Amount:
Product and Services:
Terms:
Financial Information
Year 31/3/2008 (Projection) 31/3/2007 31/3/2006
Months 12 12 12
Sales USD 2,152,000.00 USD 1,956,000.00 USD 1,902,000.00
Gross Profit n/a n/a USD 118,000.00
Net Profit n/a n/a USD 95,000.00
Auditors
Name: Farivaran Auditing Institution
City :
Country:
Expansion Plans
The factory will
move to
Importants Notes
In the enquiry the address of the subject had been mentioned "Granshavr" by mistake.
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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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%)