|
Report Date : |
04.05.2013 |
IDENTIFICATION DETAILS
|
Name : |
SHARIFA PRINTERS AND PACKAGERS PVT. LIMITED |
|
|
|
|
Registered Office : |
6, KDA Avenue, Parijat Banijjik Bhaban (1st Floor), Khulna - 9100 |
|
|
|
|
Country : |
Bangladesh |
|
|
|
|
Date of Incorporation : |
10.11.1994 |
|
|
|
|
Com. Reg. No.: |
3-228 |
|
|
|
|
Legal Form : |
Private Limited |
|
|
|
|
Line of Business : |
Manufacturer and Seller of Printing and Packaging |
|
|
|
|
No. of Employees : |
500 |
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 |
Sharifa Printers
and Packagers Pvt. Limited |
|
Address |
6, KDA
Avenue, Parijat Banijjik Bhaban (1st Floor), Khulna - 9100 |
|
Country |
Bangladesh |
|
Telephone No |
880-41-725604, 732661 |
|
Fax No |
880-41-730942 |
|
E-Mail |
|
|
Website |
www.sharifaprinters.com |
|
Established |
1994 |
|
Company Registration No |
3-228 |
|
Registration date |
10th November 1994
|
|
Legal Status |
Private Limited |
|
Issuing Authority |
The
Registrar of Joint Stock Companies & Firms, Dhaka |
|
Business Type |
Manufacturer
& Seller |
|
Status |
Satisfactory |
|
Payment Behavior |
No complaints have been heard regarding payments from local suppliers or banks. |
|
Head Office |
6,
KDA Avenue, Parijat Banijjik Bhaban (1st Floor), Khulna - 9100 |
|
Telephone No |
880-41-725604, 732661 |
|
Fax No |
880-41-730942 |
|
E-Mail |
|
|
Website |
www.sharifaprinters.com |
|
Branch |
NIL |
|
Factory |
Atra
Gilatala, P.O. Jahanabad Cantonment, Khulna |
|
Factory Tel No |
880-41-785551 |
|
Factory Fax No |
NIL |
|
Warehouse |
Atra Gilatala, P.O. Jahanabad Cantonment, Khulna |
|
Mr. Mahmud Ahsan |
|
|
Designation |
Chairman & Managing Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Rezwan Ali
|
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Nazray Imam Hasan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Nasif Ahsan
|
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Mr. Mehedi Newaz Ahsan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Ms. Sumaiya
Nazwa Ahsan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
|
|
|
Name |
Dr. Shahnara Ahsan |
|
Designation |
Director |
|
Nationality |
Bangladeshi |
|
Name |
Mr. Mahmud
Ahsan |
|
Share Percent |
36.7% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Rezwan
Ali |
|
Share Percent |
11.4% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Nazray Imam
Hasan |
|
Share Percent |
1.5% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Nasif
Ahsan |
|
Share Percent |
1.5% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Mr. Mehedi Newaz
Ahsan |
|
Share Percent |
27.7% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Ms. Sumaiya Nazwa Ahsan |
|
Share Percent |
13.9% |
|
Country |
Bangladeshi |
|
|
|
|
Name |
Dr. Shahnara
Ahsan |
|
Share Percent |
7.3% |
|
Country |
Bangladeshi |
|
Line of Business |
Manufacturer
& Seller |
|
Items Dealing In |
Printing and
Packaging |
|
Terms of Purchase |
Import: Against L/C Local: Cash or Credit |
|
Terms of Sale |
Local: Cash or Credit |
|
Name |
Janata Bank Limited |
|
Branch |
Khulna Branch |
|
Address |
Janata
Bank Bhaban, 8, K.D.A.
Commercial Area, Khulna |
|
SWIFT |
JANBBDDHKDA |
|
Year |
2011 |
2010 |
2009 |
|
Investment |
Tk.26 million |
Tk.25 million |
Tk.25 million |
|
Turnover |
Tk.322.3 million |
Tk.234.6 million |
Tk.234 million |
|
Liability |
Tk.2.6 million |
Tk.3.5 million |
Tk.4 million |
|
Assets |
Tk.32 million |
Tk.30 million |
Tk.30 million |
|
Authorized
Capital |
Tk.10 million |
|
Paid Up Capital |
Tk.1.5 million |
|
Each Share Value |
Tk.100.00 |
|
Currency |
Unit |
Bangladeshi Taka (BDT) |
|
Great Britain Pound |
1 |
120.8148 |
|
U.S Dollar |
1 |
77.9400 |
|
European Euro |
1 |
102.1014 |
|
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 |
500 |
|
Office Area (Sq.
Ft) |
1,800 sq.ft (rented) |
|
Factory Area
(Sq. Ft) |
28,000 sq.ft (rented) |
|
Warehouse Area
(Sq. Ft) |
6,000 sq.ft (rented) |
|
Range of
Products |
4 Printed
Packaging Materials 4 Boxes 4 Cartons |
|
Major Clients |
4 Local Frozen Food
Exporters |
|
Raw Materials
From |
4 USA 4 France 4 UK 4 Austria 4 Germany 4 Indonesia 4 China 4 India |
|
Certifications |
NIL |
|
Group Name |
NIL |
|
Subsidiaries /
Affiliates |
NIL |
|
Member |
4 Khulna Chamber
of Commerce & Industries, Khulna |
|
Business Scale |
Fairly Large |
|
Business Trend |
Growing |
|
Management
Capability |
Good |
|
Reputation |
Good |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.95 |
|
|
1 |
Rs.70.50 |
|
Euro |
1 |
Rs.83.81 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.