MIRA INFORM REPORT

 

 

Report Date :

23.02.2012

 

IDENTIFICATION DETAILS

 

Name :

RANGUINZEREH CHEMICAL AND INDUSTRIAL COMPANY

 

 

Registered Office :

KM 20 of HesarKharvan Qazvin

 

 

Country :

Iran

 

 

Date of Incorporation :

21.08.1982

 

 

Com. Reg. No.:

1287

 

 

Legal Form :

Limited Liability  Company

 

 

Line of Business :

Manufacture of protective, marine & powder coatings.

 

 

No. of Employees :

185

 

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

 

Maximum Credit Limit :

EUR 50,000

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Iran

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company Details

 

Company Name:                          RanguinZereh Chemical and Industrial Company

Persian Name:                            

Also Known as:                                     -

 

Address:                                     No. 15, 15th Str., KhaledIslamboli Str., Tehran, Iran

 

Postal Address:                       

 

Tel:                                              +98 21 88723676

                                                     + 98 282 2853664

Fax:                                             + 98 21 88716358

                                                     + 98 282 2853660

 

Website:                                     www.ranguinzeregh.com

 

E-mail:                                     info@ranguinzereh.com

 

History:

Former Legal Address: No.12,15th, Ahmad Ghasir Ave., Tehran, Iran

Date of Change: 2008

 

 

Registration & Legal Details

 

Current Legal Form:                    Limited Liability  Company

 

Registration Address:                 KM 20 of HesarKharvan

                                                    Qazvin, Iran

Registration Number:                  1287

Established Date:                        21/08/1982

Registration Date:                        21/08/1982

Registration Town:                      Qavin

 

 

Capital

 

Nominal Capital           :  1,000,000,000 Iranian Rials

Share No                     : 1,000,000

Share Value                : 1,000 Iranian Rials

 

 

Shareholders

 

Shareholder Names

 

Share%

 

 

Maannosifamily

 

70%

Mr. Hamid Reza KhaliliArdoli

25%

Mrs. ShamsolmolkBahamin

5%

 

 

Principals

 

Name:                                                              Mr. Ali AsgharMaannosi

Position within the company:             Director

Country of Birth:                                              Iran

Nationality:                                                      Iranian

Can fluently speak:                              English, Persian

 

 

Name:                                                               Mr. Hamid Reza KhaliliArdoli

Position within the company:              Vice Chairman

Country of Birth:                                              Iran

Nationality:                                                      Iranian

Can fluently speak:                                          English, Persian

 

Name:                                                      Mr. RaminMaannosi

Position within the company:             Chairman

Country of Birth:                                    Iran

Nationality:                                                      Iranian

Can fluently speak:                                          English, Persian

 

Name:                                                      Mr. MehranMaannosi

Position within the company:                          Member

Country of Birth:                                    Iran

Nationality:                                             Iranian

Can fluently speak:                                English, Persian

 

Name:                                                      Mrs. Maryam Maannosi

Position within the company:                          Managing Director

Country of Birth:                                    Iran

Nationality:                                             Iranian

Can fluently speak:                                English, Persian

 

Name:                                                     Mrs. ShamsolmolkBahamin

Position within the company:              Member

Country of Birth:                                    Iran

Nationality:                                             Iranian 

Can fluently speak:                                English, Persian

 

 

Activations     

 

Manufacture of protective, marine & powder coatings.

Branch:

K.M. 20th Qazvin to Tehran old Road, Qazvin, Iran
P.O.Code No. 15138-14511

Premised: Owned- Factory

Clients:

TondGoyan Petrochemical
Amir kabir Petrochemical
Mobin Petrochemical
Khozestan Petrochemical
Azar AB industrial .Co
Khorasan Petrochemical
Fanavaran Petrochemical
Abadan Petrochemical
Machine Sazi Arak
Machine Sazi Pars
NIGC
Jahan Pars Co.
Pedec Co.
Petro Part Co.
Petro Pars Co.
Sepehr Electric Co.
Tehran Jonob Co.
Isoico
NasbNiro Co.
ASE Co.
Mapna Co.
AzarFelezan Co.
Iran Itok Co.
Iritec.
Khatam Group industrial
Mosharekat projects. (ODCC/IGC)

 

 

 

SNAM PROGETI
CHIUDA
ATOM STORY EXPORT
HYUNDAI
DAELIM
HEPCO
SADRA (Marin Industrial)
NIOC
IOOC
OIEC
OTC (oil Terminals Co.)
IGC Co.
Kermanshah Refineri
Tabriz Refineri
Bandar abbasrefineri
Shiraz refineri
TIJD
Tide water Co.
Sazeh consulting
Chegalesh consulting
Nargan consulting
AHVAZ Power plant
Shazand Power plant
Ghaem Power plant
Sepah Navy Force
IRAN Folad industrial
Razi Petrochemical

 

 

Operations

 

 

Company Employs:                185

 

Sales:                                       %90 Nationality, 10% Internationally

Sales to:                                   General Public, Companies Group

 

Sales Term:                             Cash, Bank Transfer

 

Vehicles:                                    14

 

 

HQ Premises

 

Operates Form:                        Owned: Office, Factory

 Location:                                   Business Area, Main Road

 

 

Bankers

 

Melli Bank

Saderat Bank

 

 

Financial

 

The subject declined it.

Solicitor: Mr. Ahmad Emadi

Auditor: Mr. NaserAbdullahi

 

 

Imports

 

Imports From:                                                  Far East

Importing Terms:                                             Bank Transfer

Import % and type of product:                          35% Finished Goods

 

 

Export

 

Exports To:                                                      Iraq, Azerbaijan

Exporting Terms:                                             Bank Transfer

Export % and type of product:                           10% Finished Goods

 

 

Related Companies

 

Subsidaries:

Labors Housing Company  ofRanginZereh Company

Qazvin, Iran

 

 

Payment

 

Subject's payments reported to be:  NO COMPLAINT

 

 

Interview & Reporter Comments

 

Name/Title: Mr. Ali AsgharMaannosi- Director

Subject  confirmed the report.

 

 

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 50,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.24

UK Pound

1

Rs.76.75

Euro

1

Rs.65.16

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.