MIRA INFORM REPORT
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Report Date : |
27.02.2012 |
IDENTIFICATION DETAILS
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Name : |
KHULNA PRINTING & PACKAGING LIMITED |
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Registered Office : |
51, Khan-A-Sabur Road, Khulna |
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Country : |
Bangladesh |
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Date of Incorporation : |
29.09.1999 |
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Com. Reg. No.: |
3-383 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacturing & Selling of Packaging Materials |
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No. of Employees
: |
400 |
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 : |
US$ 25,000.00 |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 |
|
Name |
Khulna Printing
& Packaging Limited |
|
Address |
51, Khan-A-Sabur
Road, Khulna |
|
Country |
Bangladesh |
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Telephone No |
880-41-720318,
722347, 733942, 73394 |
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Fax No |
880-41-731256,
812517 |
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E-Mail |
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|
Website |
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Established |
1999 |
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Company Registration No |
3-383 |
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Registration date |
29th September 1999 |
|
Legal Status |
Private Limited |
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Issuing Authority |
The Registrar of
Joint Stock Companies & Firms, Khulna |
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Business Type |
Manufacturer & 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 |
51, Khan-A-Sabur
Road, Khulna Location: Rented Area: 2000
Sq.fts |
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Telephone No |
880-41-720318,
722347, 733942, 73394 |
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Fax No |
880-41-731256,
812517 |
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E-Mail |
|
|
Website |
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Branch |
NIL |
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Factory |
Birsretho
Shaheed Ruhul Amin Sharak, Rupsha East, Khulna |
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Factory Telephone No |
NIL |
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Factory Fax No |
NIL |
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Warehouse |
Birsretho Shaheed
Ruhul Amin Sharak, Rupsha East, Khulna |
|
Name |
Mr. S.M Amzad Hossain |
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Designation |
Chairman |
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Nationality |
Bangladeshi |
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Name |
Mr. Forhad
Hossain |
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Designation |
Managing Director |
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Nationality |
Bangladeshi |
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Name |
Mr. Bagan Suffiyan Amzad |
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Designation |
Director |
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Name |
Mr. M D Amzad |
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Designation |
Director |
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Name |
Mr. Khan Habibur Rasanan |
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Designation |
Director |
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Name |
Mrs. Babu Mrinal Kanti Devnath |
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Designation |
Director |
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Name |
Mr. Sujit Kumar Shah |
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Designation |
Director |
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Name |
Mr. S.M Amzad Hossain |
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Share Percent |
50% |
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Nationality |
Bangladeshi |
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|
|
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Name |
Mr. Forhad
Hossain |
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Share Percent |
50% |
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Nationality |
Bangladeshi |
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Line of Business |
Manufacturing & Selling |
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Items Dealing In |
Packaging
Materials |
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Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
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Terms of Sale |
Local: Cash or Credit |
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Exporter of |
Packaging Materials |
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Export From : |
China, India |
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Customer types |
Retailers Wholesalers |
Information Parted
By:
Name : Mr. Amzad Khan
Designation : Managing Directors
Mobile No. : 0088-01711471618
Date : 27.02.2012
|
Name |
Bangladesh
Commerce Bank Limited |
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Branch |
Khulna Branch |
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Address |
Khulna |
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SWIFT |
N/A |
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|
Name |
Sonali Bank
Limited |
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|
Name |
State Bank Of
India |
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|
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|
Name |
Standard Chartered
Bank |
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|
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|
Name |
Dutch Bangla
Bank |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.36.5 million |
Tk.35 million |
Tk.35 million |
|
Turnover |
Tk.290 million |
Tk.288.8 million |
Tk.288 million |
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Liability |
NIL |
NIL |
NIL |
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Assets |
Tk.42 million |
Tk.40 million |
Tk.40 million |
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Authorized
Capital |
Tk.20 million |
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Paid Up Capital |
Tk.1 million |
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Each Share Value |
Tk.100.00 |
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Currency |
Unit |
Bangladeshi Taka
(BDT) |
|
Great Britain Pound |
1 |
128.0696 |
|
U.S Dollar |
1 |
81.7500 |
|
European Euro |
1 |
108.2779 |
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Dishonored
Checks |
No Found |
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Debt |
No Records Found |
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Litigation |
No Records Found |
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Performance
Defaults |
No Records Found |
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Adverse Press
Coverage |
No Records Found |
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Money Laundering |
No Records Found |
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Amount |
Based On |
|
US$ 25,000.00 |
90 Days |
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Employees |
400 |
|
Office Area (Sq.
Ft) |
2,000 (rented) |
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Factory Area
(Sq. Ft) |
32,000 (rented) |
|
Warehouse Area
(Sq. Ft) |
3,500 (rented) |
|
Range of
Products |
4 Master Carton 4 Inner Carton 4 Sticker 4 Rider 4 Poly Bags |
|
Raw Materials
From |
4 Europe 4 USA 4 Africa 4 Asian Countries
|
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Major
Clients |
4 Local 100%
Export Oriented Fish Processing and Exporting Company |
|
Certifications |
NIL |
|
Group Name |
4 Lockpur Group
of Companies |
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Auditor |
Islam & Company |
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Subsidiaries /
Affiliates |
4 Rupsha Fish
& Allied Industries Limited 4 Bagerhat Sea
Foods Industries Limited 4 Lockpur Fish
Processing Company Limited 4 Southern Foods
Limited 4 Shampa Ice
& Cold Storage Limited 4 Western Inn
International 4 Metro Bricks
Limited |
|
Member |
4 Bangladesh Corrugated Catron Manufacturer
and Exporters Association, Dhaka 4 Khulna Chamber
of Commerce & Industry, Khulna |
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Trade References
|
· Reliance · SRS India |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.07 |
|
UK Pound |
1 |
Rs.77.19 |
|
Euro |
1 |
Rs.65.57 |
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 |
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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 |
|
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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.