MIRA
INFORM REPORT
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Report Date : |
11.10.2007 |
IDENTIFICATION DETAILS
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Name : |
Iranian National Pistachio Company |
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Registered Office : |
After |
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Country : |
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Date of Incorporation : |
2006 |
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Com. Reg. No.: |
1826 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Supplier and exporter of pistachio. |
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 |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
Company Details
Company Name: Iranian National Pistachio Company
Address:
After
Rafsanjan 77106913799
Telephone: +98 391 8222884
+98 391 8227447
Fax: +98 391 2340112
+98 391 8227449
Website: www.inpc.ir
E-mail : info@inpc.ir
Registration &
Legal Details
Current Legal Form: PRIVATE JOINT STOCK CO
Registration Address:
After
Rafsanjan 77106913799
Registration Number: 1826
Established Date: 2006
Registration Date: 2006
Capital
Nominal capital: 50,000,000,000 Iranian Rial
Issued capital: 50,000,000,000 Iranian Rial
Paid up capital: All
Number of Shares: 50,000,000 Type of Shares: None Selected
Issued Shares: - Value per share: IRI 10,000.00
Shareholders
Information on shareholder is not available.
Principals
Name: Mr. Amir Hossien Baniasadi
Position within the company: Managing director
Country of Birth:
Nationality: Iranian
Can fluently speak: English-Farsi
Name: Mr. Mohamad Nasrolahi
Position within the company: Chairman
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi-English
Name: Mr. Ali Akbari
Position within the company: Secretary
Country of Birth:
Nationality: Iranian
Can fluently speak: Farsi-English
Company Activities
Supplier and exporter of pistachio.
Local Reporters consider the investigated company to be Medium in their field of concern.
Company Employs
72
Sales
%40 Nationality %60 International
Sales to
Local Authorities, Group Companies
Sales Term
Cash, Check, Letter of Credit
Vehicles
15
HQ Premises
Operates Form: Owned: Offices, Workshop and Warehouses
Location: Central Business Area, Side Road
Bankers
Bank Mellat
Rafsanjan
Bank Keshavarzi
Rafsanjan
Bank Melli
Rafsanjan
Financial
information
Source: Mr. Ali Akbari(Director)
Currency: Iranian Rails
Note:
Figures in 000,000's
Months Sales Figures Sales
12 29/03/2006 670,000.00
Imports
Imports From:
Importing Terms: Letters of credit
Import % and type of product: 15% Finished Goods
Additional Information: Balance of %85 purchased via local market.
Export
Exports From: Europe,
Exporting Terms: Letters of credit
Export % and type of product: 60% Finished Goods
Related Companies
Subject doesn't have any Related company.
Payment
Subject's payments reported to be: NO COMPLAINTS
Interview & Reporter Comments
In the interview conducted with Mr. Ali Akbari(Secretary), he declined bank account number citing the grounds of company confidentiality.
Name/Title
Mr. Ali Akbari(Secretary)
Subject has confirmed the details provided in the report.
Conclusions
Local Reputation:
The company being investigated is believed by local reporters to be a High Trade Risk.
Local informants consider granting of credit to be secured.
Owner/Shareholders Comments
All or most of the owners / shareholders have an active participation in the running of the business.
Age of Business: Under 5 year Business
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. |
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%)