|
Report Date : |
27.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
BRAVE ROYAL SHIP MANAGEMENT (BD) LIMITED |
|
|
|
|
Registered Office : |
Kabir Manzil, Agrabad C/A, Chittagong-4100 |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
13.08.2008 |
|
|
|
|
Com. Reg. No.: |
CH-7808 |
|
|
|
|
Legal Form : |
Private Limited |
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|
|
|
Line of Business : |
Service Provider of Marine
Logistics |
|
|
|
|
No. of Employees : |
110 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
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 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 |
Brave Royal Ship Management (BD) Limited |
|
Address |
Kabir Manzil, Agrabad C/A, Chittagong-4100 |
|
Country |
Bangladesh |
|
Telephone No |
880-31-715222, 711223, 711503-4, 718430, 716309 |
|
Fax No |
880-31-710708,
710542, 2523811 |
|
E-mail |
info@brsml.com |
|
Website |
www.brsml.com |
|
Established |
2008 |
|
Company Registration No |
CH-7808 |
|
Registration date |
13th August 2008
|
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Chittagong |
|
Business Type |
Service Provider |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
Kabir Manzil,
Agrabad C/A, Chittagong-4100 |
|
Telephone No |
880-31-715222, 711223, 711503-4, 718430, 716309 |
|
Fax No |
880-31-710708,
710542, 2523811 |
|
E-Mail |
info@brsml.com |
|
Website |
www.brsml.com |
|
Branch |
Sector-12, Plot-55, Shah Makhdom Avenue, Uttara, Dhaka, Bangladesh Tel No: 880-2-9281090 |
|
Factory |
NIL |
|
Factory Tel No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
NIL |
|
Name |
Mr. Mohammad
Shahjahan |
|
Designation |
Chairman &
Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs. Rokeya
Begum |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad
Sarwar Jahan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad
Shahriar Jahan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Amjadul
Ferdous Chowdhury |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Nahid
Banu |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Nafid
Nabi |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Mr. Mohammad
Shahjahan |
|
Share Percent |
35% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs. Rokeya
Begum |
|
Share Percent |
5% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad
Sarwar Jahan |
|
Share Percent |
5% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mohammad
Shahriar Jahan |
|
Share Percent |
5% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Amjadul
Ferdous Chowdhury |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Nahid
Banu |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Nafid
Nabi |
|
Share Percent |
10% |
|
Nationality |
Bangladeshi |
|
Line of Business |
Service Provider |
|
Items Dealing In |
Marine Logistics |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit Export: Against L/C |
|
Name |
Eastern Bank Limited |
|
Branch |
Agrabad Branch |
|
Address |
33 Agrabad C/A, Chittagong |
|
SWIFT |
33 Agrabad C/A,
Chittagong |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.70 million |
Tk.70 million |
Tk.68 million |
|
Turnover |
Tk.486.7 million |
Tk.486 million |
Tk.484 million |
|
Liability |
Tk.5.6 million |
Tk.6 million |
Tk.8 million |
|
Assets |
Tk.92 million |
Tk.92 million |
Tk.90 million |
The information
provided is collected unofficially and as such its authenticity could not be
guaranteed. As per Local Corporate & Tax law, a Private Limited Company is
not bound to disclose its financial information
|
Authorized
Capital |
Tk.200 million |
|
Paid Up Capital |
Tk.20 million |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
128.6197 |
|
U.S Dollar |
1 |
81.8400 |
|
European Euro |
1 |
103.9695 |
|
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 |
110 |
|
Office Area (Sq.
Ft) |
2,500 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
N/A |
|
Warehouse Area
(Sq. Ft) |
N/A |
|
Range of
Services |
4 Marine Logistics |
|
Number of Fleets
|
4 9 |
|
Certifications |
NIL |
|
Group Name |
4 Kabir Group of Industries |
|
Subsidiaries /
Affiliates |
4 Kabir Steel
Re-Rolling Mills Ltd 4 Kabir Steel Ltd.
(Unit-1) 4 Kabir Steel
Ltd. (Unit-2) 4 Kabir Oxygen
Ltd. 4 Khawaja Ajmeer
Steel Ind. Ltd. 4 Kabir Steel
Ltd. - Ship Yard. 4 Khawaja Ship
Breaking Ltd. 4 Kabir Ship
Breaking Ltd. 4 Khawja Ajmeer
Steel Ind. Ltd 4 KSRM Steel
Plant Ltd. 4 S. R. Shipping Ltd. 4 Royal Cement Ltd. 4 Brave Royal Shipping Ltd 4 Brave Royal Maritime (Pvt.) Ltd
|
|
Member |
4 Bangladesh Sheep Owners
Association, Dhaka 4 Chittagong Chamber of Commerce
& Industries, Chittagong |
|
Business Scale |
Large |
|
Business Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.57.07 |
|
|
1 |
Rs.88.96 |
|
Euro |
1 |
Rs.71.40 |
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 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.