MIRA INFORM REPORT
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Report Date : |
07.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
ZABER & ZUBAIR FABRICS LIMITED |
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Registered Office : |
Adamjee Court Main Building(5th Floor),
115-120,Motijheel C/A,Dhaka-1000 |
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Country : |
Bangladesh |
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Date of Incorporation : |
05.04.1997 |
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Com. Reg. No.: |
C-26841 |
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Legal Form : |
Private
Limited Company |
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Line of Business : |
Manufacturer & Exporter of Home Textile |
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No. of Employees
: |
570 Persons |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
US$ 35,000.00 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
COMPANY DETAILS
|
Name |
Zaber &
Zubair Fabrics Limited |
|
Address |
Adamjee Court Main Building(5th Floor), 115-120,Motijheel C/A,Dhaka-1000 |
|
Country |
Bangladesh |
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Telephone No |
880-2-9565281, 9565282, 9569668-70 |
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Fax No |
880-31- 9565280 |
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E-Mail |
sales@znzfab.com |
|
Website |
|
|
Established |
1997 |
|
Company
Registration No |
C-26841 |
|
Registration
date |
5th April 1997 |
|
Legal Status |
Private Limited |
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Issuing
Authority |
The Registrar of
Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturer & Exporter |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
LOCATIONS
|
Head Office |
Adamjee Court Main Building(5th Floor), 115-120,Motijheel C/A,Dhaka-1000 |
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Telephone No |
880-2-9565281, 9565282, 9569668-70 |
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Fax No |
880-31- 9565280 |
|
E-Mail |
sales@znzfab.com |
|
Website |
|
|
Branch |
NIL |
|
Factory |
Pagar, Tongi,
Gazipur, Bangladesh |
|
Factory
Telephone No |
880-2-9802646, 9801146, 9801012 |
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Factory Fax No |
880-2-9800200 |
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Warehouse |
Pagar, Tongi, Gazipur,
Bangladesh |
DIRECTORS
|
Name |
Mr. Mohammad Nurul Islam |
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Designation |
Chairman |
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Nationality |
Bangladeshi |
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|
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Name |
Mr. A.S.M Rafiqul Islam |
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Designation |
Managing Director |
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Nationality |
Bangladeshi |
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Name |
Mr. Nazrul Islam |
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Designation |
Director |
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Nationality |
Bangladeshi |
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Name |
Ms. Sufia Khatun |
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Designation |
Director |
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Nationality |
Bangladeshi |
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Name |
Ms. Yasmin Akhter |
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Designation |
Director |
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Nationality |
Bangladeshi |
SHAREHOLDERS
|
Name |
Mr. Mohammad Nurul Islam |
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Share Percent |
30% |
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Nationality |
Bangladeshi |
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Name |
Mr. A.S.M Rafiqul Islam |
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Share Percent |
30 % |
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Nationality |
Bangladeshi |
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Name |
Mr. Nazrul Islam |
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Share Percent |
20 % |
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Nationality |
Bangladeshi |
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Name |
Ms. Sufia Khatun |
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Share Percent |
10 % |
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Nationality |
Bangladeshi |
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|
|
Name |
Ms. Yasmin Akhter |
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Share Percent |
10 % |
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Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Manufacturer & Exporter |
|
Items Dealing In |
Home Textile |
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Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit Export: Against L/C |
BANKERS
|
Name |
Prime Bank Limited |
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Branch |
Motijheel Branch |
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Address |
Motijheel Commercial Area, Dhaka |
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SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2010 |
2009 |
2008 |
|
Investment |
Tk.48 million |
Tk.48 million |
Tk.45 million |
|
Turnover |
Tk.470.7 million |
Tk.470 million |
Tk.467 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.60 million |
Tk.60 million |
Tk.58 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
Tk.30 million |
|
Paid Up Capital |
Tk.3.5 million |
|
Each Share Value |
Tk.100.00 |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
121.2584 |
|
U.S Dollar |
1 |
78.0000 |
|
European Euro |
1 |
104.5526 |
ADVERSE DATA MONITORING
|
Dishonored
Checks |
No Found |
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Debt |
No Records Found |
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Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
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Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 35,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
570 |
|
Office Area (Sq.
Ft) |
2,500 Sq.ft (own) |
|
Factory Area
(Sq. Ft) |
55,000 sq.ft (own) |
|
Warehouse Area
(Sq. Ft) |
8,500 Sq.ft (own) |
|
Range of
Products |
4 Lace Trimmed
Sheet 4 Lace Attachment
with Cuff 4 Dyed Trimmed
Sheet 4 Platinum
Troubadour Comforter Set 4 Curtain Window 4 Tiny Curtain 4 Bed Covers |
|
Export
Market |
4 Germany 4 Holland 4 Austria 4 the United
States 4 Italy |
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Raw Materials
Import From |
4 China 4 India |
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Certifications
& Awards |
4 ISO 9001 4 National Export
Trophy (Gold) 2006-2007 4 National Export
Trophy (Gold) 2007-2008 4 National Export
Trophy (Gold) 2010-2011 |
|
Group Name |
4 Noman Group |
|
Subsidiaries /
Affiliates |
4 Artex Fabrics
Ltd. 4 Sufia Cotton
Mills Ltd. 4 Talha Spinning
Mills Ltd 4 Mariom Textile
Mills Ltd. 4 Noman Fabrics
Ltd 4 Noman Textile
Mills Ltd. 4 Talha Tex-pro
Ltd. 4 Zaber &
Zubair Accesories Ltd. 4 Zarba Textile
Mills Ltd. 4 Yasmin Spinning
Mills Ltd. 4 Ismail Textile Mills
Ltd. 4 Saad-Saan
Textile Mills Ltd 4 Noman Weaving
Mills Ltd. 4 Noman Weaving
Mills Ltd. 4 Zaber Spinning
Mills Ltd 4 Sufia Fabrics
Ltd. 4 Noman Home
Textile Mills Ltd 4 Talha Fabrics
Ltd. |
|
Member |
4 Dhaka Chamber
of Commerce & Industry, Dhaka 4 Bangladesh
Textile Manufacturers Association, Dhaka |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.39 |
|
UK Pound |
1 |
Rs.80.20 |
|
Euro |
1 |
Rs.68.92 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.