MIRA INFORM REPORT
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Report Date : |
10.03.2012 |
IDENTIFICATION DETAILS
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Name : |
PARTEX BEVERAGE LIMITED |
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Registered Office : |
74, Bir Uttam A.K.Khandaker sarak,
Mohakhali C/A, Dhaka-1212 |
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Country : |
Bangladesh |
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Date of Incorporation : |
06.11.1996 |
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Com. Reg. No.: |
C-27447 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Manufacturing, Bottling & Selling of Beverages Items |
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No. of Employees
: |
760 |
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 |
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Maximum Credit Limit : |
US$ 30,000.00 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
No Complaints |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Bangladesh |
b1 |
b1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
|
Name |
Partex Beverage
Limited |
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Address |
Sena Kalyan Bhaban (16 th. Floor) , 195 Motijheel C/A, Dhaka - 1000 |
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Country |
Bangladesh |
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Telephone No |
880-2-9550555 |
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Fax No |
880-2-9556515 |
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E-Mail |
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|
Website |
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Established |
1996 |
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Commercial
Production From |
October 1997 |
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Company Registration No |
C-27447 |
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Registration date |
6th
November 1996 |
|
Legal Status |
Public
Limited |
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Issuing Authority |
The Registrar of joint Stock Companies, Dhaka |
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Business Type |
Manufacturer, Bottler & Seller |
|
Status |
Satisfactory |
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Payment Behavior |
No complaints have been heard regarding payments from local
suppliers or banks. |
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Operational Head Office |
74, Bir Uttam A.K.Khandaker sarak, Mohakhali C/A, Dhaka-1212 |
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Telephone No |
880-2-8822888 |
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Fax No |
880-2-8821888 |
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E-Mail |
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|
Website |
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Corporate Head Office |
Sena Kalyan Bhaban (16th Floor),
195 Motijheel C/A, Dhaka-1000 Tel No.880-2-9550555 Fax No.880-2-9556515 |
|
Factory |
Jangaliapara
(Banglabazar) Bhoui, Mirzapur, Kaultia, Joydevpur. Gazipur |
|
Factory Telephone No |
880-2-9201153-55 |
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Factory Fax No |
880-2-9201156 |
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Warehouse |
Jangaliapara
(Banglabazar) Bhoui, Mirzapur, Kaultia, Joydevpur. Gazipur |
|
Name |
Mr. M.A. Hashem |
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Designation |
Chairman |
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Nationality |
Bangladeshi |
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|
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Name |
Mr. Rubel Aziz |
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Designation |
Managing
Director |
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Nationality |
Bangladeshi |
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Name |
Mr. M.A. Hashem |
|
Share Percent |
40% |
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Nationality |
Bangladeshi |
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|
|
|
Name |
Mr. Rubel Aziz |
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Share Percent |
60% |
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Nationality |
Bangladeshi |
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Line of Business |
Manufacturing, Bottling & Selling
|
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Items Dealing In |
Beverages Items
|
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Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
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Terms of Sale |
Local: Cash or credit |
|
Name |
Janata Bank
Limited |
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Branch |
Head Office
Branch |
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Address |
Motijheel Commercial Area, Dhaka |
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SWIFT |
N/A |
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Year |
2009 |
2008 |
2007 |
|
Investment |
Tk.102 million |
Tk.100 million |
Tk.100 million |
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Turnover |
Tk.801 million |
Tk.800.6 million |
Tk.800 million |
|
Liability |
Tk.32.4 million |
Tk.33.5 million |
Tk.34 million |
|
Assets |
Tk.203 million |
Tk.200 million |
Tk.200 million |
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Authorized
Capital |
Tk.60 million |
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Paid Up Capital |
Tk.5 million |
|
Each Share Value |
Tk.100.00 |
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Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
128.7708 |
|
U.S Dollar |
1 |
81.7800 |
|
European Euro |
1 |
107.5652 |
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Dishonored
Checks |
No Found |
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Debt |
No Records Found |
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Litigation |
No Records Found |
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Performance
Defaults |
No Records Found |
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Adverse Press
Coverage |
No Records Found |
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Money Laundering |
No Records Found |
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Amount |
Based On |
|
US$ 30,000.00 |
90 Days |
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Employees |
760 |
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Office Area (Sq.
Ft) |
2,800 sq.ft (rented) |
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Factory Area
(Sq. Ft) |
60,200 sq.ft (own) |
|
Warehouse Area
(Sq. Ft) |
7,000 sq.ft.(own) |
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Range of
Products |
4 Soft Drinks 4 Mineral Water |
|
Brand Name |
4 RC Cola
4 RC
Orange 4 Upper
10 4 RC
Lemon 4 Mum
Mineral Water |
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Group Name |
4 Partex Group |
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Subsidiaries
& Affiliates |
4 Star
Particle Board Mills Ltd. 4 Danish
Condensed Milk Bangladesh Ltd. 4 Danish
Food Products 4 Danish
Milk Bangladesh Ltd. 4 Amber Cotton
Mills Ltd. 4 Amber
Pulp and Paper Mills Ltd. 4 Parterx
Furniture Industries Ltd. 4 Danish
Distribution Network Ltd. 4 Partex
Plastics Limited. 4 Rubel
Steel Mills Ltd. 4 Partex
Real Estate Ltd. 4 Star
Vegetable Oil Mills Limited 4 Star
Coconut Mills Limited 4
Dhakacom Ltd. (ISP) 4 Corvee
Maritime Co. Ltd. 4
Fotoroma Ltd. 4
Ferrotechnic Limited 4 Hashem
Corporation (Pvt.) Ltd. 4 Partex
Limited |
|
Member |
4 Dhaka Chamber of Commerce &
Industries, Dhaka |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.02 |
|
UK Pound |
1 |
Rs.79.00 |
|
Euro |
1 |
Rs.66.18 |
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 |
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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.