MIRA
INFORM REPORT
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Report Date : |
17.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
BEHAVAR CHEMICAL COMPANY |
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Registered Office : |
No. 28 Golha Sq, Fatemi Ave Tehran |
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Country : |
Iran |
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Date of Incorporation : |
1995 |
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Com. Reg. No.: |
123067 |
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Legal Form : |
Privet Joint Stock Company |
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Line of Business : |
Manufacturer of pesticides
including Insecticides , Fungicides , Herbicides , Acaroids and also pesticides
being used in veterinary utilization |
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 : |
No Complaints |
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Litigation : |
Clear |
Company
Details
Company Name: Behavar Chemical
Company
Headquarter Address: No.147, Mohamadi Alley, Satarkhan
Ave, Tohid Sq
Tehran
Iran
Tel:
+98 21 88007897
+98 21 66438880
+98 21 66595897
+98 21 66595896
Fax: +98 21
66426469
Website: www.Behavarco.com
E-mail: info@Behavarco.com
Company was originally started on 1995
Registration
& Legal Details
Current Legal Form: Privet Joint Stock
Company
Registration Address: No. 28 Golha Sq,
Fatemi Ave
Tehran
Iran
Registration Number: 123067
Registration Date: 1995
Year Established: 1995
Registration Town: Tehran
Capital
Currency: Iranian Rials
Nominal capital: 10,000,000,000
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Number of Shares: 10,000,000 |
Type of Shares: None Selected |
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Issued Shares: - |
Value per share: IRI 1,000.00 |
Shareholders
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Shareholder Names/ Address |
% of Voting/Non-Voting Capital |
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Mr. Mostafa Kafi Tehran Iran |
%40 |
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Mr. Abdoljalil Zargaran Tehran Iran |
%30 |
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Ms. Mitra Asari Tehran Iran |
%30 |
Principals
Name:
Mr. Mostafa Kafi
Position within the
company: Managing director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Abdoljalil Zargaran
Position within the
company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name:
Ms. Mitra Asari
Position within the
company:
Vice Chairman
Country of Birth: Iran
Nationality:
Iranian
Can fluently speak: Farsi, English
Company
Activities
Manufacturing kinds of pesticides including Insecticides , Fungicides ,
Herbicides , Acaroids and also pesticides being used in veterinary utilization
Local Reporters consider the investigated company to be
Medium their field of concern.
Operations
Employees
Company Employs: 40
HQ Premises
Operates from: Owned Office, Warehouse,
Factory
Location: Central Business Area,
Main Road
Branches
Boen Zahra Road,
Lia Industrial City,
Qazvin,
Iran
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Imports
Imports: Finished
Goods
Import%: 30%
Import from: Europe, Taiwan
Import terms: letters of credit
Additional:
balance of 70% purchased via local market
Export
Subject dose not export.
Trading
& Selling
Territory: 100%
National
Type of Customer: General Public,
Local Authorities
Terms of sales: Cash, letters of credit
Vehicles: Total number of vehicles: 8
Related
Companies
Subject dose not have any related company.
Banks
Bank Keshavarzi
Tehran
Iran
Bank Saderat
Tehran
Iran
Financial
Information
Information on financial is not available.
Payments
Subject's payments reported to be: NO COMPLAINTS
Interview
& reporter comments
Date: 16/01/2008
Name/Title: Ms. Mohebi (Secretary)
In the interview conducted with Ms. Mohebi (Secretary), She
declined bank account numbers citing the grounds of Company confidentiality.
Conclusion
Local Reputation: The company being investigated is considered by local reporters to be a Medium Trade Risk.
General Conclusion:
Local informants consider granting of credit to be a fair trade risk.
Owner/Shareholders Comments: All of owners involved in the running of the business
Age of Business: Old
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%)