|
Report Date : |
01.08.2012 |
IDENTIFICATION DETAILS
|
Name : |
ORION BIOCARE LIMITED |
|
|
|
|
Registered Office : |
Orion House, 153-154 Tejgaon I/A Dhaka-1208 |
|
|
|
|
Country : |
Bangladesh |
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|
|
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Date of Incorporation : |
03.01.2012 |
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|
|
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Com. Reg. No.: |
C-91474 |
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|
|
|
Legal Form : |
Private Limited Company |
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|
|
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Line of Business : |
Importing, Manufacturing & Selling of Animal Nutrition & Other Feed Supplements |
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|
|
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No. of Employees : |
120 |
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 |
|
Payment Behaviour : |
No Complaints |
|
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 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
Orion Biocare Limited |
|
Address |
Orion House, 153-154
Tejgaon I/A Dhaka-1208 |
|
Country |
Bangladesh |
|
Telephone No |
880-2- 8870133, 8870134 |
|
Fax No |
880-2- 8870108 |
|
E-Mail |
|
|
Website |
|
|
Established |
2012 |
|
Company Registration No |
C-91474 |
|
Registration date |
3rd January 2012 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Importer, Manufacturer & Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
Orion House,
153-154 Tejgaon I/A Dhaka-1208 |
|
Telephone No |
880-2- 8870133, 8870134 |
|
Fax No |
880-2- 8870108 |
|
E-Mail |
|
|
Website |
|
|
Branch |
NIL |
|
Factory |
Tejgaon
I/A, Dhaka |
|
Factory Tel No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
Tejgaon I/A,
Dhaka |
|
Name |
Mr. Mohammad
Obaidul Karim |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Salman
Karim |
|
Designation |
Managing
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mehedi
Hassan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Line of Business |
Importing,
Manufacturing & Selling |
|
Items Dealing In |
Animal Nutrition
& Other Feed Supplements |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit |
|
Name |
Agrani Bank Ltd |
|
Branch |
Motijheel Branch |
|
Address |
Motijheel C/A, Dhaka |
|
SWIFT |
N/A |
|
|
|
|
Name |
National Bank
Ltd |
|
Branch |
Tejgaon Branch |
|
Address |
Tajgaon, Dhaka |
|
SWIFT |
N/A |
Not Available
|
Authorized
Capital |
Tk.30 million |
|
Paid Up Capital |
Tk.3 million |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
128.5092 |
|
U.S Dollar |
1 |
81.7125 |
|
European Euro |
1 |
100.5309 |
|
Dishonored
Checks |
No Found |
|
Debt |
No Records Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
|
Employees |
120 |
|
Office Area (Sq.
Ft) |
2,000 sq.ft (owned) |
|
Plant Area (Sq.
Ft) |
25,500 sq.ft (rented) |
|
Warehouse Area
(Sq. Ft) |
5,500 sq.ft (rented) |
|
Range of
Products |
4 Animal Nutrition & Other Feed
Supplements |
|
Major Foreign
Principals |
4 Tex Bioscience (P) Limited, India |
|
Export Market |
N/A |
|
Certifications |
NIL |
|
Group Name |
4 Orion Group |
|
Subsidiaries /
Affiliates |
4 Orion Power & Energy Solution Limited 4 Interior Accom Consortium Limited 4 Orion Infrastructure Limited 4 Orion Gas Limited 4 Agrabad Accom Consortium Limited 4 Kohinoor Chemicals Company (Bangladesh) Limited 4 Orion Knit Textiles Limited 4 Orion Pharma Limited 4 Orion Infusion Limited 4 IEL Consortium & Associates Limited 4 Dutch Bangla Power & Associates Limited 4 Orion Properties Limited 4 City Centre |
|
Member |
4 Animal Health Companies Association of Bangladesh 4 Dhaka Chamber
of Commerce & Industries, Dhaka |
|
Business Scale |
Fairly Large |
|
Business Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.81 |
|
UK Pound |
1 |
Rs.87.67 |
|
Euro |
1 |
Rs.68.45 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.