MIRA
INFORM REPORT
|
Report Date : |
14.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
THE ACME SPECIALIZED PHARMACEUTICALS LIMITED |
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Registered Office : |
Court de la ACME,
1/4, Mirpur Road, Kallayanpur, Dhaka 1207 |
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|
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Country : |
Bangladesh |
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|
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Financials (as on) : |
2011 |
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Date of Incorporation : |
05.03.2008 |
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Com. Reg. No.: |
C-70994 |
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Legal Form : |
Limited Company |
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Line of Business : |
Manufacturing, Selling & Exporting of Pharmaceutical
products |
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No. of Employees : |
7000 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Maximum Credit Limit : |
US$ 28,000.00 |
|
Status : |
Moderate |
|
Payment Behaviour : |
No Complaints |
|
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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
COMPANY DETAILS
|
Name |
The Acme
Specialized Pharmaceuticals Limited |
|
Address |
Court
de la ACME, 1/4, Mirpur Road, Kallayanpur, Dhaka 1207 |
|
Country |
Bangladesh |
|
Location |
Owned |
|
Telephone No |
880-2-9004194-6 |
|
Fax No |
880-2-9016872,
8012475, 9016515 |
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E-Mail |
|
|
Website |
|
|
Established |
2008 |
|
Commercial
Production From |
2010 |
|
Company Registration No |
C-70994 |
|
Registration date |
5th
March 2008 |
|
Legal Status |
Limited Company |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturing,
Exporting & Selling |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
LOCATIONS
|
Head Office |
Court de la ACME, 1/4, Mirpur
Road, Kallayanpur, Dhaka 1207 |
|
Telephone No |
880-2-9004194-6 |
|
Fax No |
880-2-9016872,
8012475, 9016515 |
|
E-Mail |
|
|
Website |
|
|
Branch |
NIL |
|
Factory |
Dhuli
Vita, Dhamrai, Dhaka |
|
Factory Telephone No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
Dhuli Vita,
Dhamrai, Dhaka |
DIRECTORS
|
Name |
Mr. Nasir-ur Rahman Sinha |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mizanur Rahman
Sinha |
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Designation |
Managing
Director |
|
Nationality |
Bangladeshi |
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|
|
|
Name |
Mr. Afzalur Rahman
Sinha |
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Designation |
Deputy Managing
Director |
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Nationality |
Bangladeshi |
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|
|
|
Name |
Dr. Jabilur
Rahman Sinha |
|
Designation |
Deputy Managing
Director |
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Nationality |
Bangladeshi |
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|
Name |
Mr. Tanvir Sinha |
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Designation |
Director |
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Nationality |
Bangladeshi |
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|
Name |
Mr. Motiur
Rahman Sinha |
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Designation |
Director |
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Nationality |
Bangladeshi |
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|
|
|
Name |
Ms. Sabrina
Sinha |
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Designation |
Director |
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Nationality |
Bangladeshi |
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|
|
Name |
Mr. Fahim Sinha |
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Designation |
Director |
|
Nationality |
Bangladeshi |
SHAREHOLDERS
|
Name |
Mr. Nasir-ur Rahman Sinha |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mizanur Rahman
Sinha |
|
Share Percent |
25% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Afzalur Rahman
Sinha |
|
Share Percent |
10% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Dr. Jabilur
Rahman Sinha |
|
Share Percent |
10% |
|
Nationality |
Bangladeshi |
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|
|
|
Name |
Mr. Tanvir Sinha |
|
Share Percent |
9% |
|
Nationality |
Bangladeshi |
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|
|
|
Name |
Mr. Motiur
Rahman Sinha |
|
Share Percent |
9% |
|
Nationality |
Bangladeshi |
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|
|
|
Name |
Ms. Sabrina
Sinha |
|
Share Percent |
9% |
|
Nationality |
Bangladeshi |
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|
|
|
Name |
Mr. Fahim Sinha |
|
Share Percent |
8% |
|
Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Manufacturing,
Selling & Exporting |
|
Items Dealing In |
Pharmaceutical
products |
|
Export Countries |
Viet Nam, Nepal,
Sri Lanka |
|
Import Countries |
India, China,
Italy, Germany, France |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit Export: Against L/C |
|
Customers |
Pharmaceutical Companies , OEMs |
BANKERS
|
Name |
Dutch Bangla
Bank Limited |
|
Branch |
Local Office Branch |
|
Address |
Motijheel Commercial Area, Dhaka |
|
SWIFT |
N/A |
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|
|
|
Name |
Stadard
Chartered Bank |
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Branch |
Motijheel Branch |
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Address |
Motijheel Commercial Area, Dhaka |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2011 |
2010 |
2009 |
|
Investment |
N/A |
Tk.60 million |
N/A |
|
Turnover |
BDT 695 Crores |
One year not completed yet (BDT 620 Crores ) |
N/A |
|
Liability |
N/A |
Tk.16 million |
N/A |
|
Assets |
N/A |
Tk.75 million |
N/A |
Expected Sales
Turnover in 2011.12 BDT 750 crores
Information parted by
Name : Mr. Shahid Hussin Pattoudi
Designation : Deputy General Manager
Data : 14.12.2011
CAPITAL STRUCTURE
|
Authorized
Capital |
Tk.500 million |
|
Paid Up Capital |
Tk.10 million |
|
Each Share Value |
Tk.100.00 |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
120.0640 |
|
U.S Dollar |
1 |
76.9000 |
|
European Euro |
1 |
102.5231 |
ADVERSE DATA MONITORING
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 28,000.00 |
90 days |
GENERAL INFORMATION
|
Employees |
7000 |
|
Office Area (Sq.
Ft) |
2,500 sq.ft (owned) |
|
Factory Area
(Sq. Ft) |
2.3 acres of land (owned) |
|
Warehouse Area
(Sq. Ft) |
8,500 sq.ft (owned) |
|
Range of
Products |
4 Non Penicillin 4 Non-Cephalosporin 4 Non-Steroid |
|
Major
Clients |
4 Local
Medical 4 Local
Specialized Hospitals 4 Local
Consumer |
|
Export Market |
4 Asian Countries |
|
Certifications |
NIL |
|
Group Name |
4 Acme Group |
|
Subsidiaries /
Affiliates |
4 The ACME Laboratories Ltd 4 The ACMUNIO International Pvt.
Ltd 4 The ACME Agrovet & Beverage Ltd 4 The ACME IT Ltd 4 Sinha Printers Ltd 4 ACME Overseas Trading Ltd 4 Mars Aviation Ltd 4 Mars Universal Ltd 4 Mars Air Ltd |
|
Member |
4 Bangladesh Association of
Pharmaceutical Industries, Dhaka 4 Dhaka Chamber of Commerce &
Industries, Dhaka |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.40 |
|
|
1 |
Rs.83.32 |
|
Euro |
1 |
Rs.70.44 |
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 |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs 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.