MIRA INFORM REPORT
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Report Date : |
18.11.2011 |
IDENTIFICATION DETAILS
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Name : |
ESFARAYEN INDUSTRIAL COMPLEX |
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Registered Office : |
No.7, Alvand Alley, Ghaem
MaghamFarahani St., 7th Tir Sq., Tehran |
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Country : |
Iran |
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Date of Incorporation : |
21.08.1998 |
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Com. Reg. No.: |
89046 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Production of As Forged Steel
Parts and Sections (Open Die Forging), Specially Alloy Steels |
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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Maximum Credit Limit : |
EUR 180,000 |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Iran |
a2 |
a2 |
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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: Esfarayen Industrial Complex
Persian Name: شرکتمجتمعصنعتياسفراين
Also Known as:
E.I.Co
Address:
No.7, Alvand Alley, GhaemMaghamFarahani St., 7th TirSq
Tehran,
IRAN
Postal Address:
P O BOX 15745-513
Tehran 1589673711, Iran
Tel: +
98 585 7217270
+ 98 21
88841182-7
+98 572 7343251-8
Fax: +98
21 88304114
+98 572 7343245
Website: www.esfst.com
E-mail: eslami@esfst.com
Registration
& legal details
Current Legal Form:
Private Joint Stock Company
Registration Address:
No.7, Alvand Alley, GhaemMaghamFarahani St.
7th
Tir Sq., Tehran, IRAN
Registration Number: 89046
Established Date:
21/08/1998
Registration Date: 21/08/1998
Registration Town:
Tehran
National Code ID:
10101334348
Capital
Nominal Capital:
1,358,000,000,000 IranianRials
Share No: 1,358,000,000
Share Value: 1000 Iranian Rials
shareholders
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Shareholder Names |
Share% |
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Mr. Mohammad Hussein Moghimei |
40% |
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Mr. SeyedNaserAlaviyan |
20% |
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Mr. AlirezaFatahiyan |
40% |
Principals
Name:
Mr. Mohammad Hussein Moghimei
Position within the company: Chairman
Country of Birth: Iran
Nationality:
Iranian
Can fluently speak: English, Persian
National Code ID: 0558909231
Name:
Mr. SeyedNaserAlaviyan
Position within the company: Vice Chairman
Country of Birth: Iran
Nationality:
Iranian
Can fluently speak: English, Persian
National Code ID: 1828867306
Name:
Mr. AlirezaFatahiyan
Position within the company: Managing Director
Country of Birth: Iran
Nationality:
Iranian
Can fluently speak: English, Persian
National Code ID: 1285624661
Activations
Production of As Forged Steel Parts and Sections (Open Die
Forging), Specially Alloy Steels.
Branch:
12th Kilometer of Bojnourd Road,
Esfarayan, North KhorassanProvience, Iran
Premised: Owned- Factory
Operations
Company Employs: 185
Sales: %60
Nationality, 40% Internationally
Sales to: General
Public, Companies Group
Sales Term: Cash, Letters of
Credit
Vehicles: 20
Hq premises
Operates Form: Owned: Office, Factory
Location: Business
Area, Main Road
Bankers
Saderat Bank
Financial
The subject declined it.
Imports
Imports From: India,
Singapore, UAE
Importing Terms: Letters of Credit
Import % and type of product: 20% Finished Goods
Export
Imports From: CIS
Importing Terms: Letters of Credit
Import % and type of product: 40% Finished Goods
related companies
It doesn’t have any related companies.
Payments
Subject's payments reported to be: NO COMPLAINT
Interview & Reporter
Reporter Comment Date: 17/11/11
Name/Title: Mr. AlirezaFatahiyan- Managing Director
Subject refused to cooperate with us.
Note: The address which you provided is the address of the factory of
the company.
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 180,000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.50.72 |
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UK Pound |
1 |
Rs.79.88 |
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Euro |
1 |
Rs.68.64 |
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.