MIRA INFORM REPORT
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Report Date : |
14.11.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
FARAYANDKIMIYAYESHARGH COMPANY |
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Registered Office : |
Unit 22, 5th floor, No.47 Bldg,
IranshahrJonoubi St, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
15.03.2001 |
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Com. Reg. No.: |
229314 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Manufacturer of chemical products |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
EUR 56,000 |
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Status : |
Moderate |
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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) |
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Iran |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company details
Company Name:
FarayandKimiyayeShargh Company
Also Known as: FAK-S
Address: Unit 22, 5th
floor, No.47 Bldg
IranshahrJonoubi St
Tehran, Iran
Postal Address:
P O BOX 15816-133948
Tehran,
Iran
Tel: +
98 21 88344526-7
Fax: +
98 21 88836528
+ 98 21 88843229
Website: www.fa-ks.com
E-mail: info@fa-ks.com
Registration
& Legal Details
Current Legal Form:
Private Joint Stock Company
Registration Address:
Unit 22, 5th floor, No.47 Bldg
IranshahrJonoubi St
Tehran, Iran
Registration Number: 229314
Established Date:
15/03/2001
Registration Date: 15/03/2001
Registration Town:
Tehran
National Code ID:
10102704155
Capital
Nominal Capital: 12,000,000,000 IranianRials
Share No: 120,000
Share Value: 100,000
Iranian Rials
Shareholders
|
Shareholder Names |
Share% |
|
Mr. Mohammad Hussein
Zehtabchiyan |
60% |
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Mrs. MojganMaadi |
40% |
Principals
Name:
Mr.
Mohammad Hussein Zehtabchiyan
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Name:
Mrs. MojganMaadi
Position within the company: Vice
Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Name: Mr.
Seyed Jamal Husseini
Position within the company: Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Name:
Mr. Ali Mortezavi
Position within the company: Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Activations
Manufacture of chemical products.
Branch:
No.2, Golbon St
Eshtehard Industrial Town
Tel: +98 261 7774828
Premised: Owned- Factory
Operations
Company Employs: 63
Sales: %60
Nationality, 40% Internationally
Sales to: General
Public, Companies Group
Sales Term: Cash, Letters of Credit
Vehicles: 10
HQ Premises
Operates Form:
Owned: Office, Factory
Location: Business
Area, Main Road
bankers
· Parsian Bank
· Saderat Bank
financials
The subject declined it.
Auditor: Mr. Ali Sahraei -
National Code ID: 181771440
Solicitor: Mr. Hassan BagherEslami- National Code ID: 0043871267
Imports
Imports From: UAE,
Turkey
Importing Terms: Letters
of Credit
Import % and type of product: 40% Finished Goods
Export
Exports To:
Europe, Asia
Exporting Terms: Letters
of Credit
Export % and type of product: 40% Finished Goods
Related Companies
It doesn’t have any related companies.
Payment
Subject's payments reported to be: NO COMPLAINT
Interview & Reporter
Name/Title: Mr.
Seyed Jamal Husseini (Managing Director).
Subject refused to cooperate with us.
Conclusions
Local Reputation:
The company being investigated is considered by local reporters to be a
Medium
Trade Risk and
to be fair.
Owner/Shareholders Comments:
All of the owners / shareholders have an active participation in the running of
the business.
Age of Business:
Old family business
Max Credit: EUR 56,000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.28 |
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UK Pound |
1 |
Rs.80.08 |
|
Euro |
1 |
Rs.68.45 |
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 |
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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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.