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Report Date : |
03.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
GLOBAL CAPSULES LIMITED |
|
|
|
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Registered Office : |
37, Segun Bagicha, Dhaka-1000 |
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Country : |
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|
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Date of Incorporation : |
28.02.1990 |
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Com. Reg. No.: |
C-19832 |
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|
|
Legal Form : |
Private Limited Company |
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|
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Line of Business : |
Manufacturer, Seller & Exporter of Capsules |
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|
|
|
No. of Employees : |
1,200 employees |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Bangladesh |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Bangladesh - ECONOMIC OVERVIEW
The economy has grown 5-6% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms. Bangladesh remains a poor, overpopulated, and inefficiently-governed nation. Although more than half of GDP is generated through the service sector, 45% of Bangladeshis are employed in the agriculture sector with rice as the single-most-important product. Bangladesh's growth was resilient during the 2008-09 global financial crisis and recession. Garment exports, totaling $12.3 billion in FY09 and remittances from overseas Bangladeshis, totaling $11 billion in FY10, accounted for almost 12% of GDP.
|
Source : CIA |
|
Name |
Global Capsules Limited |
|
Address |
37, Segun
Bagicha, Dhaka-1000 |
|
Country |
Bangladesh |
|
Telephone No |
880-2-9336010(D), 9330191, 9337111, 9357244 |
|
Fax No |
880-2-832919, 831905 |
|
E-Mail |
|
|
Website |
|
|
Established |
1990 |
|
Company Registration No |
C-19832 |
|
Registration date |
28th
February 1990 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturer, Seller & Exporter |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
37, Segun
Bagicha, Dhaka-1000 |
|
Telephone No |
880-2-9336010(D), 9330191, 9337111, 9357244 |
|
Fax No |
880-2-832919, 831905 |
|
E-Mail |
|
|
Website |
|
|
Branch |
4 Chittagong 4 Sylhet 4 Khulna 4 Bogra 4 Mymensingh 4 Rangpur 4 Barisal 4 Jessore |
|
Factory |
Rupatali,
Barisal |
|
Factory Tel No |
880-431-3967, 2348, 2423, 2717 |
|
Factory Fax No |
880-431-2552 |
|
Warehouse |
Rupatali,
Barisal |
|
Name |
Capt. (Rtd.)
Abdus Sabur Khan |
|
Designation |
Chairman |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Abdur Rauf
Khan |
|
Designation |
Managing
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Abdur Raquib
Khan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Capt. (Rtd.)
Abdus Sabur Khan |
|
Share Percent |
33.33% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Abdur Rauf
Khan |
|
Share Percent |
33.33% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Abdur Raquib
Khan |
|
Share Percent |
33.33% |
|
Country |
Bangladeshi |
|
Line of Business |
Manufacturer, Seller & Exporter |
|
Items Dealing In |
Capsules |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit Export: Against L/C |
|
Name |
EXIM Bank
Limited |
|
Branch |
New Eskaton Road
Branch |
|
Address |
27/1, New Eskaton Road, Dhaka. |
|
SWIFT |
EXBKBDDHXXX |
|
|
|
|
Name |
Uttara Bank
Limited |
|
Branch |
Bangabandhu
Avenue Branch |
|
Address |
12 Bangabandhu Avenue Dhaka-1000 |
|
SWIFT |
UTBLBDDH449 |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.62 million |
Tk.60 million |
Tk.60 million |
|
Turnover |
Tk.458 million |
Tk.456.7 million |
Tk.456 million |
|
Liability |
Tk.9 million |
Tk.11 million |
Tk.12 million |
|
Assets |
Tk.84 million |
Tk.82 million |
Tk.82 million |
|
Authorized
Capital |
Tk.10 million |
|
Paid Up Capital |
Tk.200,000.00 |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
131.1049 |
|
U.S Dollar |
1 |
81.2600 |
|
European Euro |
1 |
105.3211 |
|
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 |
1,200 |
|
Office Area (Sq.
Ft) |
5,800 sq.ft (own) |
|
Factory Area
(Sq. Ft) |
2.5 acres of lands (own) |
|
Warehouse Area
(Sq. Ft) |
8,950 sq.ft.(own) |
|
Range of
Products |
4
Gelatin 4 Empty Hard Gelatin Capsules |
|
Export
Market |
4 Iran 4 South Africa 4 Pakistan 4 Malaysia 4 Myanmar 4 Nepal |
|
Raw Materials
From |
4 USA 4 EEC
Countries 4
Malaysia 4 Korea 4 China 4
Singapore 4
Thailand 4
Australia 4 Denmark 4 Hong Kong |
|
Major Clients |
4 Medical College 4 Private Clinic 4 Local Markets |
|
Certifications |
NIL |
|
Group Name |
4 Opsonin Group |
|
Subsidiaries /
Affiliates |
4 Opsonin
Pharma Limited 4 Opso
Saline Limited 4 Opsonin
Bulk Drugs Limited 4 Opsonin
Consumer Products Limited 4 Opsonin Herbal &
Nutraceuticals Limited 4 Jokky
Garments Limited 4 Global Heavy
Chemicals Limited |
|
Member |
4 Dhaka Chamber
of Commerce & Industries, Dhaka 4 Bangladesh
Association of Pharmaceuticals |
|
Business Scale |
Fairly Large |
|
Business Trend |
Growing |
|
Management Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.66 |
|
UK Pound |
1 |
Rs.86.37 |
|
Euro |
1 |
Rs.69.24 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
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.