MIRA
INFORM REPORT
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Report Date : |
18.11.2011 |
IDENTIFICATION DETAILS
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Name : |
YAZD
INDUSTRIAL AND CONSTRUCTIONAL STEEL ROLLING MILL COMPANY |
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Registered Office : |
No235,Foulad building,next to Qane-ei St,between Khosh and Behboudi,Azadi St,Tehran 14579, |
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Country : |
Iran |
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Date of Incorporation : |
15.02.1998 |
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Com. Reg. No.: |
123064 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Producer of various hot rolled in long sizes. |
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 4,000 |
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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 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Iran |
B1 |
B1 |
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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: Yazd
Industrial And Constructional Steel Rolling Mill
Company
Persian Name: شرکتنوردفولادصنعتيوساختمانييزد
Also Known as: -
Address: No235,Foulad building,next to Qane-ei St,between Khosh and
Behboudi,Azadi St,Tehran
14579,
Postal Address:
Tel: +985857217270
+98
21 6642755
+ 98 21 66937999
Fax: + 98 21 66937999
Website: www.sanaatgar.com
E-mail: contaci@yazdnolling,il.com
Registration
& Legal Details
Current Legal Form: Private Joint Stock Company
Registration Address: No.321, Foulad Bldg, Azadi Ave
Tehran, Iran
Registration Number: 123064
Established Date: 15/02/1998
Registration Date: 15/02/1998
Registration Town: Tehran
Capital
Nominal Capital: 800,000,000,000 Iranian Rials
Share No: 16,000,000
Share Value: 50,000 Iranian Rials
Shareholders
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Shareholder Names |
Share% |
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Ehramian family |
100% |
Principals
Name:
Mr. Seyed Babak
Ehramian
Position within the company: Managing
Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Name:
Mr. Seyed Mohammad Ehramian
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Name: Mr. Seyed Bahador Ehramian
Position within the company: Vice
Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Name:
Mr. Seyed Bardia Ehramian
Position within the company: Member
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: English, Persian
Activations
Producer of various hot rolled in long sizes.
Branch:
After Yazd Fouad industrial and production
group Cargo Terminals,17 km in Yazd Kerman bypass of new ring road, Yazd, Iran
Tel: +98 351 7216611-12
Operations
Company Employs: 950
Sales: %80 Nationality, 20% Internationally
Sales to: General Public, Companies Group
Sales Term: Cash, Letters of Credit
Vehicles: 55
HQ Premises
Operates Form: Owned: Office, Factory
Location: Business
Area, Main Road
Bankers
Melli Bank
Branch: Azadi
Financial
The subject declined it.
Solicitor: Modirriat Sokhan Hagh Services and
Auditing Company
Auditor: Mr. Asdollah Nieli
Imports
Imports From: Germany,
UK, Far East
Importing Terms: Letters of Credit
Import % and type of product: 10% Finished Goods
Export
Exports To: UAE, Azerbaijan, CIS
Exporting Terms: Letters of Credit
Export % and type of product: 20% Finished Goods
Related Companies
It doesn’t have any related companies.
Payment
Subject's payments reported to be: NO COMPLAINT
Interview & Reporter
Comments
Name/Title: Mrs. Naghmeh Aghaei- Office
Manager
Subject
confirmed the report.
Conclusions
Local Reputation:
The company being investigated is considered by local reporters to be aMedium
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 4,000
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.50.72 |
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|
1 |
Rs.79.88 |
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Euro |
1 |
Rs.68.46 |
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 |
-- |
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.