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Report Date : |
27.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
AGRO BRIGADE LIMITED |
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Registered Office : |
Jibon Bima Bhaban (2nd Floor), 121, Motijheel C/A Dhaka
1000 |
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Country : |
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Date of Incorporation : |
15.06.2007 |
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Com. Reg. No.: |
C-62362 |
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Legal Form : |
Private Limited |
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Line of Business : |
Exporter of Agricultural Products. |
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No. of Employees : |
35 |
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 |
|
Status : |
Satisfactory |
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Payment Behaviour : |
Usually Correct |
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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) |
|
|
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name Given |
Agrobrigade
Limited |
|
Address Given |
Jibon Bima
Bhaban (2nd Floor), 121, Motijheel C/A Dhaka 1000, |
|
Tel No Given |
0088-02-7176738 |
|
Fax No Given |
0088-02-9568155 |
|
E-Mail Given: |
NIL |
|
Name |
Agro Brigade
Limited |
|
Address |
Jibon Bima Bhaban (2nd Floor), 121, Motijheel C/A
Dhaka-1000 |
|
Country |
|
|
Telephone No |
880-2-7176738 |
|
Fax No |
880-2-9568155, 9564306 |
|
E-Mail |
|
|
Website |
|
|
Established |
2007 |
|
Company Registration No |
C-62362 |
|
Registration date |
15th June 2007
|
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, |
|
Business Type |
Exporter |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
Jibon Bima
Bhaban (2nd Floor), 121, Motijheel C/A Dhaka-1000 |
|
Telephone No |
880-2-7176738 |
|
Fax No |
880-2-9568155, 9564306 |
|
E-Mail |
|
|
Website |
|
|
Branch |
NIL |
|
Factory |
N/A |
|
Factory Tel No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
N/A |
|
Name |
Mr. Shafiqul Alam |
|
Designation |
Chairman &
Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad Elias Rahman |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Mr. Shafiqul Alam |
|
Share Percent |
Chairman &
Managing Director |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad Elias Rahman |
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Share Percent |
Director |
|
Country |
Bangladeshi |
|
Line of Business |
Exporting |
|
Items Dealing In |
Agricultural
Products |
|
Terms of Purchase |
Local: Cash or Credit |
|
Terms of
Purchase |
Export: Against L/C |
|
Name |
Janata Bank
Limited |
|
Branch |
Ramna Corporate
Branch |
|
Address |
15, |
|
SWIFT |
N/A |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.15 million |
Tk.15 million |
Tk.13 million |
|
Turnover |
Tk.83 million |
Tk.83 million |
Tk.81 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.20 million |
Tk.20 million |
Tk.18 million |
|
Authorized
Capital |
Tk.30 million |
|
Paid Up Capital |
Tk.2 million |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
|
1 |
132.3433 |
|
U.S Dollar |
1 |
81.8500 |
|
European Euro |
1 |
108.2384 |
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
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Money Laundering |
No Records Found |
|
Employees |
35 |
|
Office Area (Sq.
Ft) |
1,900 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
3,500 sq.ft (rented) |
|
|
4 Potato 4 Rice 4 Green
& Red Chilies 4 Mango 4
Pineapple |
|
Export
Market |
4 4 4 |
|
Certifications |
NIL |
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Group Name |
NIL |
|
Subsidiaries /
Affiliates |
4 M.S. Enterprise
|
|
Member |
4 Dhaka Chamber of Commerce &
Industries, |
|
Business Scale |
Large |
|
Business Trend |
Growing |
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Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.57 |
|
|
1 |
Rs.85.03 |
|
Euro |
1 |
Rs.69.56 |
INFORMATION DETAILS
|
Report Prepared
by : |
NIT |
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 |
|
---- |
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.