MIRA INFORM REPORT
|
Report Date : |
21.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
ZISKA PHARMACEUTICALS LIMITED |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
18.02.1989 |
|
|
|
|
Com. Reg. No.: |
C-14311 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
manufacturing, Exporting & Selling of drugs
and medicines |
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 |
|
Maximum Credit Limit : |
US$ 30,000.00 |
|
Status : |
Satisfactory |
|
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 – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
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 |
Ziska Pharmaceuticals Limited |
|
Address |
Karol,
Surichalla, Shafipur, Gazipur |
|
Country |
|
|
Telephone No |
880-2-9333991,
9359641 |
|
Fax No |
880-2-8357482 |
|
E-Mail |
|
|
Website |
|
|
Established |
1989 |
|
Company Registration No |
C-14311 |
|
Registration date |
18th February
1989 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The Register of Joint Stock Companies & Firms, |
|
Business Type |
Manufacturer, Seller & Exporter
|
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local
suppliers or banks. |
LOCATIONS
|
Head Office |
|
|
Telephone No |
880-2-9333991,
9359641 |
|
Fax No |
880-2-8357482 |
|
E-Mail |
|
|
Website |
|
|
Branch |
4 4 4 Rajshahi 4 Sylhet 4 4 sKhulna |
|
Factory |
Karol,
Surichalla, Shafipur, Gazipur |
|
Factory Telephone No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
Karol,
Surichalla, Shafipur, Gazipur |
DIRECTORS
|
Name |
Mr. Aminul Islam
Khan |
|
Designation |
Chairman &
Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Zahirul
Islam Khan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Monirul
Islam Khan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
SHAREHOLDERS
|
Name |
Mr. Aminul Islam
Khan |
|
Share Percent |
50% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Zahirul
Islam Khan |
|
Share Percent |
30% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Monirul
Islam Khan |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Manufacturer, Seller & Exporter
|
|
Items Dealing In |
Drugs & Medicines |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of |
Local: Cash or Credit |
BANKERS
|
Name |
United
Commercial Bank Ltd |
|
Branch |
Main Branch |
|
Address |
Dilkusha Commercial Area, |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2009 |
2008 |
2007 |
|
Investment |
Tk.52 million |
Tk.50 million |
Tk.50 million |
|
Turnover |
Tk.482 million |
Tk.480.8 million |
Tk.480 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.67 million |
Tk.65 million |
Tk.65 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
Tk.100 million |
|
Paid Up Capital |
Tk.5 million |
|
Each Share Value |
Tk.100.00 |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
|
1 |
115.6533 |
|
U.S Dollar |
1 |
71.1800 |
|
European Euro |
1 |
97.5237 |
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$ 30,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
800 |
|
Office Area (Sq.
Ft) |
2,500 sq.ft (own) |
|
Factory Area
(Sq. Ft) |
2.5 acres of land (own) |
|
Warehouse Area
(Sq. Ft) |
10,500 sq.ft.(own) |
|
|
4 Tablets 4 Capsules 4 Suspensions 4 Injections 4 Creams 4 Ointments |
|
Major
Clients |
4 Local Specialized
Hospitals 4 Local
Consumers |
|
Export Market |
4 4 4 4 |
|
Raw Materials
From |
4 EEC Countries 4 4 4 4 4 4 4 |
|
Certifications |
4 ISO 9001:2000 |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
NIL |
|
Member |
4 4 Dhaka Chamber of Commerce &
Industries, |
COMMENTS
The subject is a private limited company who is engaged in
manufacturing, exporting & selling of drugs and medicines. The company’s factory
is most modern and the quality of their products is of international standard.
Their products are popular and sold all over the country. The company is also
exporting their products to overseas countries.
The directors are well conversant in their line of trade and
they are also experienced businessman. They are financially solvent and good at
their business commitments, it is reported.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.18 |
|
|
1 |
Rs.73.04 |
|
Euro |
1 |
Rs.61.43 |
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 |
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.