MIRA
INFORM REPORT
|
Report Date : |
16.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
AGHRAZ AUTO SERVICE |
|
|
|
|
Registered Office : |
D. T Road, Chittagong-4000 |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Year of Establishment : |
1969 |
|
|
|
|
Legal Form : |
Proprietorship Company |
|
|
|
|
Line of Business : |
Importer & Seller of Automobile Parts |
|
|
|
|
No. of Employees : |
17 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
US$ 22,000.00 |
|
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) |
|
Bangladesh |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
COMPANY DETAILS
|
Name |
Aghraz Auto
Service |
|
Address |
D. T Road,
Chittagong-4000 |
|
Country |
Bangladesh |
|
Telephone No |
880-31-726569, 713966, 721621 |
|
Fax No |
880-31-710607 |
|
E-Mail |
|
|
Website |
NIL |
|
Established |
1969 |
|
Company Registration No |
N/A |
|
Registration date |
N/A |
|
Legal Status |
Proprietorship
Company |
|
Business Type |
Importer & Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local
suppliers or banks. |
LOCATIONS
|
Head Office |
534, Sheikh Mujib Road, Chittagong |
|
Telephone No |
880-31-726569, 713966, 721621 |
|
Fax No |
880-31-710607 |
|
E-Mail |
|
|
Website |
NIL |
|
Branch |
D. T Road,
Chittagong-4000 |
|
Factory |
N/A |
|
Factory Telephone No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
D. T Road,
Chittagong-4000 |
PARTNERS
|
Name |
Mr. Anwar Alam |
|
Designation |
Managing
Partner |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Ejaz Ahmed |
|
Designation |
Partner |
|
Nationality |
Bangladeshi |
BUSINESS DETAILS
|
Line of Business |
Importer &
Seller |
|
Items Dealing In |
Automobile Parts |
|
Terms of Purchase |
Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit |
BeNKERS
|
Name |
Prime Bank
Limited |
|
Branch |
Agrabad Branch |
|
Address |
Agrabad C/A, Chittagong |
|
SWIFT |
N/A |
FINANCIAL INFORMATION
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.20 million |
Tk.20 million |
Tk.17 million |
|
Turnover |
Tk.113 million |
Tk.112.4 million |
Tk.110 million |
|
Liability |
NIL |
NIL |
NIL |
|
Assets |
Tk.25 million |
Tk.25 million |
Tk.23 million |
CAPITAL STRUCTURE
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
EXCHANGE RATE
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
127.7798 |
|
U.S Dollar |
1 |
83.3800 |
|
European Euro |
1 |
105.9426 |
ADVERSE DATA MONITORING
|
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 |
MAXIMUM RECOMMENDED CREDIT
|
Amount |
Based On |
|
US$ 22,000.00 |
90 Days |
GENERAL INFORMATION
|
Employees |
17 |
|
Office Area (Sq.
Ft) |
1,700 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
3,500 sq.ft.(rented) |
|
Range of
Products |
4 Engine Parts 4 Brake Parts 4 Suspension Parts 4 Lubricants 4 Others Motor Vehicle's Parts
|
|
Brand Name |
4 Tata 4 Bedford 4 Ashok Leyland 4 Hino 4 Toyota |
|
Import From |
4 India 4 Japan 4
Malaysia |
|
Certifications |
NIL |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
4 Aghraz Automobiles |
|
Member |
4 Chittagong Chamber of Commerce & Industry,
Chittagong |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.43 |
|
|
1 |
Rs.79.10 |
|
Euro |
1 |
Rs.66.17 |
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 SCs 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.