|
Report Date : |
11.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
WASA Bhaban, |
|
|
|
|
Country : |
|
|
|
|
|
Year of Establishment : |
1963 |
|
|
|
|
Legal Form : |
Government
Organization Established the East Pakistan ordinance XIX. |
|
|
|
|
Line of Business : |
Service Provider of Construction, Operation, Improvement and
Maintenance |
|
|
|
|
No. of Employees : |
20,200 |
RATING & COMMENTS
|
MIRAs Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
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 |
Dhaka Water Supply and Sewerage Authority (DWASA) |
|
Address |
WASA Bhaban, 98
KazI Nazrul Islam Avenue, Kawran Bazar C/A, Dhaka-1215 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-8117829-31, 8120223 - 27 |
|
Fax No |
880-2-8124599 |
|
E-Mail |
|
|
Website |
www.dwasa.org.bd |
|
Established |
1963 |
|
Company Registration No |
N/A |
|
Registration date |
N/A |
|
Legal Status |
Government Organization Established the East Pakistan ordinance XIX. |
|
Issuing Authority |
N/A
|
|
Business Type |
Service
Provider |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
WASA Bhaban, 98
KazI Nazrul Islam Avenue, Kawran Bazar C/A, Dhaka-1215 |
|
Telephone No |
880-2-8117829-31, 8120223 - 27 |
|
Fax No |
880-2-8124599 |
|
E-Mail |
|
|
Website |
www.dwasa.org.bd |
|
Branch |
4 Dhaka 4 Chittagong 4 Sylhet 4 Rajshahi 4 Khulna 4 Rangpur 4 Barishal |
|
Factory |
N/A |
|
Factory Tel No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
WASA Bhaban, 98 KazI
Nazrul Islam Avenue, Kawran Bazar C/A, Dhaka-1215 |
|
Name |
Engr. Md.
Rahmatullah |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Engr. Taqsem A
Khan |
|
Designation |
Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Ms. Zuena
Aziz |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Sudhangshu
Shekhar Biswas |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Asif Ebrahim |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Jamal Uddin
Ahmed, PhD, FCA |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Engr. Md.
Nuruzzaman |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Alhaj Mohammad
Israfl |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Altaf
Mahmood |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Prof. Dr. Md.
Sarfuddin Ahmed |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Engr. A K M A
Hamid |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Line of Business |
Service Provider |
|
Items Dealing In |
Construction, Operation,
Improvement and Maintenance |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit |
|
Name |
Janata Bank Limited |
|
Branch |
Head Office |
|
Address |
48, Motijheel Commercial Area, Dhaka-1000 |
|
SWIFT |
N/A |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.2.8 billion |
Tk.2.3 billion |
Tk.2.3 billion |
|
Turnover |
Tk.4 billion |
Tk.3.7 billion |
Tk.3.5 billion |
|
Liability |
Tk.80 million |
Tk.83 million |
Tk.85 million |
|
Assets |
Tk.3.5 billion |
Tk.3 billion |
Tk.3 billion |
The information
provided is collected unofficially and as such its authenticity could not be
guaranteed. As per Local Corporate & Tax law, a Government Organization is
not bound to disclose its financial information
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
126.9733 |
|
U.S Dollar |
1 |
81.9500 |
|
European Euro |
1 |
103.0275 |
|
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 |
20,200 |
|
Office Area (Sq.
Ft) |
4,500 sq.ft (owned) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
10,500 sq.ft. (owned) |
|
Range of
Services |
4 Construction, Operation, Improvement And Maintenance Of The Necessary
Infrastructures For Collecting, Treating, Preserving And Supplying Potable Water
To The Public, Industries And Commercial Concerns 4 Construction, Operation, Improvement And Maintenance Of The Necessary
Infrastructures For Collecting, Treating And Disposing Domestic Sewerage And
Industrial Wastes 4 Construction, Operation, Improvement And Maintenance Of The Necessary
Infrastructures For Drainage Facilities Of The City |
|
Export
Market |
N/A |
|
Projects |
4 Dhaka water Supply Sector Development Project |
|
Certifications |
NIL |
|
Wholly Owned By |
4 Ministry of LGRD & Co-operatives, Government of Peoples Republic of Bangladesh |
|
Subsidiaries /
Affiliates |
NIL |
|
Member |
N/A |
|
Business Scale |
Large |
|
Business Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.36 |
|
|
1 |
Rs.85.64 |
|
Euro |
1 |
Rs.69.21 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.