|
Report Date : |
22.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
ROBIN PRINTING & PACKAGES LIMITED |
|
|
|
|
Registered Office : |
56-58 BSCIC Industrial Area, Tongi, Gazipur |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Year of Incorporation : |
1966 |
|
|
|
|
Com. Reg. No.: |
C-4403 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacturer & Seller of Printing & Packaging of Cartons |
|
|
|
|
No. of Employees : |
250 |
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 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
In real terms Bangladesh's
economy has grown 5.8% 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 |
Robin Printing & Packages
Limited (Name Changed in 2012) |
|
Address |
56-58 BSCIC Industrial Area, Tongi, Gazipur |
|
Country |
Bangladesh |
|
Telephone No |
88-02-7169432, 9565751, 9558015, 9558007 |
|
Fax No |
880-2-9562545 |
|
E-Mail |
|
|
Website |
|
|
Established |
1966 |
|
Company Registration No |
C-4403 |
|
Registration date |
14th March 1972 |
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Chittagong |
|
Business Type |
Manufacturer
& Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from
local suppliers or banks. |
|
Head Office |
Robin Tower (1st Floor), 42/43 Purana Paltan, Dhaka -1000, Bangladesh |
|
Telephone No |
88-02-7169432, 9565751, 9558015, 9558007 |
|
Fax No |
880-2-9562545 |
|
E-Mail |
|
|
Website |
|
|
Branch |
NIL |
|
Factory |
Factory Unit1: 42/43 Purana Paltan Dhaka-1000 Factory Unit2: 56-58 BSCIC I/E Tongi, Gazipur Factory Unit3: Tegnag Para, Bashon Gazipur sadar, Gazipur |
|
Factory Telephone No |
NIL |
|
Factory Fax No |
NIL |
|
Warehouse |
Factory Unit1: 42/43 Purana Paltan Dhaka-1000 Factory Unit2: 56-58 BSCIC I/E Tongi, Gazipur Factory Unit3: Tegnag Para, Bashon Gazipur sadar, Gazipur |
|
Name |
Mr. Fahim Hussain |
|
Designation |
Chairman & Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Shameem Hussain |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Shaheen Hussain |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Faisal Hussain |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Farhan Hussain |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Mr. Fahim Hussain |
|
Share Percent |
30% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Shameem Hussain |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Shaheen Hussain |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Faisal Hussain |
|
Share Percent |
20% |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Farhan Hussain |
|
Share Percent |
10% |
|
Nationality |
Bangladeshi |
|
Line of Business |
Manufacturer & Seller |
|
Items Dealing In |
Printing & Packaging of Cartons |
|
Terms of Purchase |
Local: Cash or Credit Import: Against L/C |
|
Terms of
Purchase |
Local: Cash or Credit |
|
Name |
Mutual Trust Bank Ltd |
|
Branch |
Paltan Branch |
|
Address |
Purana Paltan, Dhaka |
|
SWIFT |
N/A |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.42 million |
Tk.40 million |
Tk.40 million |
|
Turnover |
Tk.328.8 million |
Tk.327.6 million |
Tk.327 million |
|
Liability |
Tk.2.7 million |
Tk.3.4 million |
Tk.4 million |
|
Assets |
Tk.46 million |
Tk.44 million |
Tk.44 million |
|
Authorized
Capital |
Tk.20 million |
|
Paid Up Capital |
Tk.250, 000.00 |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
119.2083 |
|
U.S Dollar |
1 |
77.9700 |
|
European Euro |
1 |
101.8600 |
|
Dishonored
Checks |
No Found |
|
Debt |
No Found |
|
Litigation |
No Records Found |
|
Performance
Defaults |
No Records Found |
|
Adverse Press
Coverage |
No Records Found |
|
Money Laundering |
No Records Found |
|
Employees |
250 |
|
Office Area (Sq.
Ft) |
2,500 (own) |
|
Factory Area
(Sq. Ft) |
60,000 (rented) |
|
Warehouse Area
(Sq. Ft) |
15,000 (rented) |
|
Range of
Products |
4 Cigarette
Carton 4 Cigarette
Packet 4 Paper Carton |
|
Major
Clients |
4 British America
Tobacco Company, Bangladesh 4 Local
Multinational Companies 4 International
Agencies 4 Local Banks 4 Big Corporate
House |
|
Certifications |
4 ISO: 9001: 2000 |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
4 Polyweb
Printing & Packages Limited 4 Zenith
(Bangladesh) Rollers Limited |
|
Member |
4 Dhaka Chamber
of Commerce & Industry, Dhaka |
|
Business Scale |
Fairly Large |
|
Business Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.46 |
|
UK Pound |
1 |
Rs.99.42 |
|
Euro |
1 |
Rs.85.12 |
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.