MIRA INFORM REPORT
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Report Date : |
21.04.2012 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
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Country : |
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Year of Establishment : |
1999 |
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Com. Reg. No.: |
Not Available |
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Legal Form : |
Proprietorship |
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Line of Business : |
Importing & Selling of Bi-Cycle |
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No. of Employees
: |
10 |
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 : |
US$ 15,000.00 |
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Status : |
Small Concern |
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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 – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Bangladesh |
b1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
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 |
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Name |
S.A. Enterprises |
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Address |
No.150/02
Bangshal Road, Dhaka-1100 |
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Country |
Bangladesh |
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Telephone No |
880-2-7314077, 7313592, 01711524481 |
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Fax No |
880-2-7319950, 9556615 |
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E-Mail |
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Website |
NIL |
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Established |
1999 |
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Concern Registration No |
N/A |
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Registration date |
N/A |
|
Legal Status |
Proprietorship |
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Issuing Authority |
N./A
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Business Type |
Importer &
Seller |
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Status |
Satisfactory |
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Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
73 Bangshal
Road, Haji Nuruddin Market, Dhaka -1100 |
|
Telephone No |
880-2-7314077, 7313592, 01711524481 |
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Fax No |
880-2-7319950, 9556615 |
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E-Mail |
|
|
Website |
NIL |
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Branch |
NIL |
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Factory |
N/A |
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Factory Tel No |
N/A |
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Factory Fax No |
N/A |
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Warehouse |
No.150/02
Bangshal Road, Dhaka-1100 |
|
Name |
Alhaj Md. Sirajul Islam |
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Designation |
Proprietor |
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Nationality |
Bangladeshi |
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Line of Business |
Importing & Selling |
|
Items Dealing In |
Bi-Cycle |
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Terms of Purchase |
Import: Against L/C |
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Terms of Sale |
Local: Cash or Credit |
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Name |
Agrani Bank Limited |
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Branch |
Bangshal Branch |
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Address |
Bangshal, Dhaka |
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Swift |
N/A |
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Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.12 million |
Tk.10 million |
Tk.10 million |
|
Turnover |
Tk.56 million |
Tk.54.6 million |
Tk.54 million |
|
Liability |
Tk.4 million |
Tk.4.7 million |
Tk.5 million |
|
Assets |
Tk.17 million |
Tk.15 million |
Tk.15 million |
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Authorized
Capital |
N/A |
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Paid Up Capital |
N/A |
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Each Share Value |
N/A |
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Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
81.8200 |
|
U.S Dollar |
1 |
131.0920 |
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European Euro |
1 |
107.3560 |
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Dishonored
Checks |
No Found |
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Debt |
No Records Found |
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Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
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Adverse Press
Coverage |
No Records Found |
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Money Laundering |
No Records Found |
|
Amount |
Based On |
|
US$ 15,000.00 |
90 days |
|
Employees |
10 |
|
Office Area (Sq.
Ft) |
1,600 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
2,400 sq.ft.(rented) |
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Range of
Products |
4 Bi-Cycle |
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Import From |
4 India 4 China |
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Certifications |
NIL |
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Group Name |
NIL |
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Subsidiaries /
Affiliates |
4 Siraj Cycle Industries Limited 4 Siraj Cycle Store 4 R.S. Traders |
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Member |
4 Dhaka Chamber
of Commerce & Industries, Dhaka |
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Business Scale |
Large |
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Business Trend |
Growing |
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Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.99 |
|
UK Pound |
1 |
Rs.83.54 |
|
Euro |
1 |
Rs.63.40 |
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 |
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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 |
|
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 |
|
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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.