MIRA INFORM REPORT
|
Report Date : |
19.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
T.K. GROUP OF INDUSTRIES |
|
|
|
|
Registered Office : |
83, Khatungonj, Chittagong |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Year of Establishment : |
1972 |
|
|
|
|
Com. Reg. No.: |
Not Available |
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|
|
|
Legal Form : |
The most of the members of the group are private limited Companies and others are proprietorship company |
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|
|
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Line of Business : |
Manufacturer, Exporter & Seller of Various Items |
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|
|
|
No. of Employees
: |
18,000 |
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 |
|
Maximum Credit Limit : |
US$ 60,000.00 |
|
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 – 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 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
|
Name |
T.K. Group of
Industries |
|
Address |
83,
Khatungonj, Chittagong |
|
Country |
Bangladesh |
|
Telephone No |
880-31-636245,
620984, 617837, 618095-6, 2858361-5 |
|
Fax No |
880-31-636381, 631583 |
|
E-Mail |
|
|
Website |
|
|
Established |
1972 |
|
Company Registration No |
N/A |
|
Registration date |
N/A |
|
Legal Status |
The
most of the members of the group are private limited Companies
and others are proprietorship company |
|
Issuing Authority |
The Registrar of Joint Stock Companies & Firms,
Chittagong |
|
Business Type |
Manufacturer, Exporter & Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints
have been heard regarding payments from local suppliers or banks. |
|
Head Office |
83,
Khatungonj, Chittagong |
|
Telephone No |
880-31-636245,
620984, 617837, 618095-6, 2858361-5 |
|
Fax No |
880-31-636381, 631583 |
|
E-Mail |
|
|
Website |
|
|
Dhaka Corporate Office |
T. K.
Bhaban (2nd Floor), 13, Karwan Bazar, Dhaka-1215, Bangladesh. Tel No:
880-2-9115210, 9144136, 9142876, 8189312 Fax No:
880-2-9143211 E-mail: info@tkgroupbd.com
|
|
Factory |
4 Airport Road, East Patenga,
Chittagong. 4 Bara Kumira, Sitakunda,
Chittagong 4 Sikirgaon, Gazaria, Munshiganj 4 Charkhidirpur, Boalkhali,
Chittagong 4 Chandgaon Industrial Area,
Chittagong 4 11/P Kalurghat Heavy I/A,
Chittagong 4 Latifpur, Noth Pahartali,
Chittagong 4 Shimrail, Siddirgonj, Narayangonj 4 Nazirhat, Fatickchari, Chittagong Ship Building Site: 4 Meghna Ghat, Munshigan |
|
Factory Telephone No |
N/A |
|
Factory Fax No |
N/A |
|
Warehouse |
4 Airport Road, East Patenga,
Chittagong. 4 Bara Kumira, Sitakunda,
Chittagong 4 Sikirgaon, Gazaria, Munshiganj 4 Charkhidirpur, Boalkhali,
Chittagong 4 Chandgaon Industrial Area,
Chittagong 4 11/P Kalurghat Heavy I/A,
Chittagong 4 Latifpur, Noth Pahartali,
Chittagong 4 Shimrail, Siddirgonj, Narayangonj 4 Nazirhat, Fatickchari, Chittagong Ship Building Site: 4 Meghna Ghat, Munshigan |
|
Name |
Mr. M. A. Tayab |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. M.A Kalam |
|
Designation |
Managing
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs.
Khaleda Begum |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mrs.
Laila Bilkis |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Line of Business |
Manufacturer, Exporter & Seller |
|
Items Dealing In |
Various
Items |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of Sale |
Local: Cash or Credit Export: Against L/C |
|
Name |
Janata Bank
Limited |
|
Branch |
Corporate Branch |
|
Address |
CDA Annex Building, Chittagong |
|
SWIFT |
N/A |
|
Year |
2010 |
2009 |
2008 |
|
Investment |
Tk.7.3 billion |
Tk.6 billion |
Tk.6 billion |
|
Turnover |
Tk.11 billion |
Tk.9.4 billion |
Tk.9 billion |
|
Liability |
Tk.15.7 million |
Tk.17 million |
Tk.18 million |
|
Assets |
Tk.15 billion |
Tk.13 billion |
Tk.13 billion |
|
Authorized
Capital |
N/A |
|
Paid Up Capital |
N/A |
|
Each Share Value |
N/A |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
128.1970 |
|
U.S Dollar |
1 |
81.8000 |
|
European Euro |
1 |
106.5772 |
|
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 |
|
Amount |
Based On |
|
US$ 60,000.00 |
90 Days |
|
Employees |
18,000 |
|
Office Area (Sq.
Ft) |
7,500 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
130,000 Sqf (rented) |
|
Warehouse Area
(Sq. Ft) |
34,500 sq.ft.(own) |
|
Range of
Products & Services |
4 Edible
Oils & Fats 4 Steel 4 Board 4 Paper 4 Textile 4 Leather 4 Packaging
& Containers 4 Tea
Plantation 4 Ship
Building 4 Consumer
Products 4 Trading 4 Shares
and Securities |
|
Major
Clients |
4 Local Buyers 4 Foreign Buyers |
|
Certification |
4 ISO 9001 HACCP |
|
Group Companies |
4 Super Board Mills Limited 4 Super Formica and Lamination
Limited 4 FAMILY Vegetable Oil 4 HILSA Super Olein 4 PUSTI Soyabean Oil 4 PUSTI Atta 4 PUSTI Maida 4 PUSTI Mineral Water 4 PUSTI Mustard Oil 4 PUSTI Tea 4 PUSTI Vanaspati Ghee 4 RANNA Soyabean Oil 4 Bay Fishing Corporation Ltd. 4 Shabnam Vegetable Oil Industries
Ltd. 4 Super Oil Refinery Ltd 4 Riff Leather Limited 4 Bengal Sack Corporation Ltd. 4 Progressive Containers Ltd. 4 Samuda Containers Ltd. 4 T. K. Gas and Gas Cylinder Ltd. 4 T. K. Chemical Complex Ltd. 4 T. K. Paper Products Ltd. 4 T.K. Shares & Securities Ltd 4 T. K. Shipyard Limited 4 Karnafully (Galv) Mills Ltd. 4 Karnafully Steel Mills Ltd. 4 Chin Hung Fibres Ltd 4 Baramasia Tea Estate Co. Ltd. 4 Elahinoor Tea Estate Co. Ltd. 4 Rangapani Tea Estate Co. Ltd. 4 M. A. Tayab & Brothers 4 M. N. Corporation |
|
Member |
4 Chittagong
Chamber of Commerce & Industry, Chittagong 4 Dhaka Chamber
of Commerce & Industries, Dhaka |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.31 |
|
UK Pound |
1 |
Rs.79.04 |
|
Euro |
1 |
Rs.65.82 |
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.