|
Report Date : |
11.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
OVI TRADERS |
|
|
|
|
Registered Office : |
Nasim Chamber (2nd Floor), 21, Dilkusha C/A, Dhaka-1000 |
|
|
|
|
Country : |
|
|
|
|
|
Year of Establishment : |
2005 |
|
|
|
|
Legal Form : |
Proprietorship |
|
|
|
|
Line of Business : |
Importer & Seller of Food Items |
|
|
|
|
No. of Employees : |
15 |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
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 |
Ovi Traders |
|
Address |
Nasim Chamber
(2nd Floor), 21, Dilkusha C/A, Dhaka-1000 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-9569931, 9567731, 9562517 |
|
Fax No |
880-2-9563987 |
|
E-Mail |
info@manama-group.com |
|
Website |
www.manama-group.com |
|
Established |
2005 |
|
Company Registration No |
N/A |
|
Registration date |
N/A |
|
Legal Status |
Proprietorship |
|
Issuing Authority |
N/A |
|
Business Type |
Importer &
Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Corporate Office |
14/11, Iqbal Road, Mohammadpur, Dhaka-1207 |
|
Telephone No |
880-2-8131043, 9112453, 8115419 |
|
Fax No |
880-2-9135412 |
|
E-Mail |
info@manama-group.com |
|
Website |
www.manama-group.com |
|
Registered
Office |
Nasim Chamber (2nd
Floor), 21, Dilkusha C/A, Dhaka-1000 |
|
Telephone No |
880-2-9569931, 9567731, 9562517 |
|
Fax No |
880-2-9563987 |
|
Branch |
House No 1, Road No 13 (New), Dhanmondi, Dhaka-1209 |
|
Telephone No |
880-2-9112174, 9133319 |
|
Factory |
N/A |
|
Factory Telephone No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
N/A |
|
Name |
Mrs. Mahbuba Hoque |
|
Designation |
Proprietor |
|
Nationality |
Bangladeshi |
Note: Your order form
indicates that the subjects proprietor is Mr. Aynul Hoque. But it has been
confirmed from the office staffs that Mrs. Mahbuba Hoque is the proprietor of
the company.
|
Line of Business |
Importer &
Seller |
|
Items Dealing In |
Food Items |
|
Terms of Purchase |
Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit |
|
Name |
Shahjalal Islami Bank Ltd |
|
Branch |
Dhaka Main Branch |
|
Address |
58 Dilkusha C/A, Dhaka-1000 |
|
SWIFT |
SJBLBDDHDMB |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.14 million |
Tk.14 million |
Tk.12.2 million |
|
Turnover |
Tk.72.6 million |
Tk.72 million |
Tk.70.7 million |
|
Liability |
Tk.3 million |
Tk.4 million |
Tk.4.8 million |
|
Assets |
Tk.22 million |
Tk.22 million |
Tk.20 million |
|
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 |
15 |
|
Office Area (Sq.
Ft) |
2,000 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
4,500 sq.ft (owned) |
|
Range of Products
& Services |
4 Food Grains 4 Spices 4 Baby Food 4 Other Food Products |
|
Import From |
4 China 4 India |
|
Certifications |
NIL |
|
Group Name |
4 Manama Group |
|
Subsidiaries /
Affiliates |
4 Manama
Developments Ltd |
|
Member |
4 Dhaka Chamber
of Commerce & Industries, Dhaka |
|
Business Scale |
Medium |
|
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.