MIRA INFORM REPORT

Report Date :

18.07.2012

IDENTIFICATION DETAILS

Name :	A ONE MARBLE

Registered Office :	Plot No. K-22, Johar Colony, Manghopir Road, Karachi

Country :	Pakistan

Date of Incorporation :	1996

Legal Form :	Proprietorship

Line of Business :	Engaged in Cutting, Processing, Polishing & Export of Marbles, Onyx & Granite.

No. of Employees :	32

RATING & COMMENTS

MIRA’s Rating :

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 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Pakistan

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company name

A ONE MARBLE

Full Address

Registered Address

Plot No. K-22, Johar Colony, Manghopir Road, Karachi, Pakistan

Tel #	92 (21) 32576456, +923332116110, +923332199639
Fax #	92 (21) 32582774

Short Description Of Business

a.	Nature of Business	Engaged in Cutting, Processing, Polishing & Export of Marbles, Onyx & Granite
b.	Year Established	1996
c.	National Tax #	1039966

Branches

Plot No 26, Johar Colony,

Near Bismillah Hotel, Mangophir Road,

Karachi, Pakistan

Legal Status

Subject Company was established as a Proprietorship business in 1996

Details of Management

Names

Nationality

Address

Occupation

Designation

Mr. Arshad Majeed Sheikh

Mr. Hummayun Adil Sheikh

Pakistani

Plot No 26, Johar Colony, Near Bismillah Hotel, Mangophir Road, Karachi

Business

Proprietor

Manager (Import)

Associates

A. Subsidiary

None

B. Associated Companies

(1) Gulf Marble Industries, Pakistan.

Business Activities

(1) Subject Company is engaged in Cutting, Processing, Polishing & Export of Marbles, Onyx & Granite.

(2) It mainly export to Asian & Gulf Countries

(3) Its major customers are Buying Agencies, International Traders.

(4) Payment would be accepted through L/C, T.T. basis.

Number of Employees

Actual Production Volume

Approximately 30,000 to 45,000 Sq Ft per month

Annual Sales Volume

Year	In Pak Rupees
2010	36,000,000/- (Estimated)

Bankers

MCB Bank Limited, Pakistan.

Soneri Bank Limited, Pakistan.

Habib Metropolitan Bank Limited, Pakistan.

Standard Chartered Bank, Pakistan.

Memberships

Karachi Chamber of Commerce & Industry.(KCCI)

Foreign Exchange Rates

Currency	Unit	Pakistani Rupees
US Dollar	1	Rs. 94.80
UK Pound	1	Rs. 146.70
Euro	1	Rs. 116.10

Comments

Subject Company was established in 1996 and is engaged in Cutting, Processing, Polishing & Export of Marbles, Onyx & Granite. Proprietor is reported as experienced and resourceful businessman. Market reputation is satisfactory Subject can be considered for normal business dealings at usual trade terms and conditions.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.14
UK Pound	1	Rs.86.29
Euro	1	Rs.67.72

INFORMATION DETAILS

Report Prepared by :

PDT

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%)

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