MIRA
INFORM REPORT
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Report Date : |
22.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
ANTIBIOTIC SAZI IRAN COMPANY |
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Registered Office : |
No.3, Bistoon St,
Jahad (Fatemi) Sq Tehran 14316 63113 |
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Country : |
Iran |
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Date of Incorporation : |
1995 |
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Com. Reg. No.: |
119201 |
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Legal Form : |
Privet Joint
Stock Company |
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Line of Business : |
Manufacture of Raw Material
Production, Mainly Oral Antibiotics from Penicillin |
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: Antibiotic Sazi
Iran Company
Also Trade Name: ASICO
Headquarter
Address: No.3, Bistoon St, Jahad (Fatemi) Sq
Tehran 14316 63113
Iran
Tel: +98 21 88962978
+98
21 88962979
Fax: +98 21 88962478
Website: www.antibiotic-ir.com
E-mail: asico@antibiotic-ir.com
Registration
& Legal Details
Current Legal Form: Privet Joint Stock Company
Registration Address: No.3, Bistoon St, Jahad
(Fatemi) Sq
Tehran
Iran
Registration Number: 119201
Registration Date: 1995
Year Established: 1995
Registration Town: Tehran
Capital
Currency: Iranian Rials
Nominal capital: 80,000,000,000
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Number of Shares: 8,000,000 |
Type of Shares: None Selected |
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Issued Shares: - |
Value per share: IRI 10,000.00 |
Shareholders
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Shareholder Names/ Address |
% of Voting/Non-Voting Capital |
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Farabi Pharmaceutical Co Tehran Iran |
%38 |
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Social Security Organization Tehran Iran |
%32 |
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Taamin
Investment Company Tehran Iran |
%10 |
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Others Iran |
%20 |
Principals
Name: Mr. Seyed Mehdi Mousavi
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Ali Aminlou
Position within the company: Vice Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi, English
Name: Mr. Kourosh Soleymani
Meygouni
Position within the company: Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Name: Mr. Mohamad Tahsiri
Position within the company: Member
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi
Company
Activities
Manufacture of Raw material
production, mainly oral antibiotics from penicillin
Local Reporters consider the investigated company to be
Medium their field of concern.
Operations
Employees
Company Employs: 250
HQ Premises
Operates from: Owned Offices, Warehouses,
Factory
Location: Central Business Area, Main Road
Branch:
Antibiotic Sazi Iran Factory
5th Km, Khazar Abad Road
Sari
Iran
Branch is owned
Imports
Imports:
Import%: 20% Raw Material, 15%
Finished Good
Import from: Germany, Swiss, Japan,
India
Import terms: letters of credit
Additional: alance of 65%
purchased via local market
Export
Exports: Finished Goods
Export%: 20%
Export from: Persian Gulf Countries,
CIS
Export terms: letters of credit
Trading
& Selling
Territory: 80% Nationality, 20 % Internationally
Type of Customer: General Public, Local Authorities
Terms of sales: Cash, letters of credit
Vehicles: Total number of vehicles: 40
Related
Companies
Subject Dose not have related company
Banks
Bank Melli
Tehran
Iran
Bank Tejarat
Tehran
Iran
Financial
Information
Source: Mr. Ahmad Mohamadi (Secretary)
Currency: Iranian Rials -
000,000
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Months |
Date |
Sales |
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12 |
29/03/2007 |
91000 |
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12 |
29/03/2006 |
74000 |
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12 |
29/03/2005 |
62000 |
Payments
Subject's payments reported to be: NO COMPLAINTS
interview
& reporter comments
Name/Title: Mr. Ahmad Mohamadi (Secretary)
In the interview conducted with Mr. Ahmad Mohamadi (Secretary), he Declined full financial
information and 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:
Some 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%)