MIRA INFORM REPORT

 

 

 

 

 

Report Date :

03.09.2013

 

IDENTIFICATION DETAILS

 

Name :

NOMAN FASHION FABRICS LIMITED

 

 

Registered Office :

Adamjee Court Main Building(5th Floor), 115-120,Motijheel C/A,Dhaka-1000

 

 

Country :

Bangladesh

 

 

Date of Incorporation :

16.01.2008

 

 

Com. Reg. No.:

C-72832

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer & Exporter of Ready-Made Garments

 

 

No. of Employees :

830 employees

 


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

 

 

 

COMPANY DETAILS

 

Name

Noman Fashion Fabrics Limited

Address

Plot 1065-68, Monnu Nagar, Pagar, Tongi, Gazipur

Country

Bangladesh

Telephone No

880-2-7176207-8

Fax No

880-2-9564336

E-Mail

nomangr@bangla.net 

Website

www.nomangroup.com

Established

2008

Company Registration No

C-72832

Registration date

16th January 2008 

Legal Status

Private Limited

Issuing Authority

The Registrar of Joint Stock Companies & Firms, Dhaka

Business Type

Manufacturer & Exporter

Status

Satisfactory

Payment Behavior

No complaints have been heard regarding payments 

from local suppliers or banks.

 

 

LOCATIONS

 

Head Office

Adamjee Court Main Building(5th Floor), 115-120,Motijheel C/A,Dhaka-1000

Telephone No

880-2-7176207-8

Fax No

880-2-9564336

E-Mail

nomangr@bangla.net 

Website

www.nomangroup.com

Branch

NIL

Factory

Plot 1065-68, Monnu Nagar, Pagar, Tongi, Gazipur

Factory Telephone No

N/A

Factory Fax No

N/A

Warehouse

Plot 1065-68, Monnu Nagar, Pagar, Tongi, Gazipur

 


DIRECTORS

 

Name

Mr. Mohammad Nurul Islam

Designation

Chairman

Nationality

Bangladeshi

 

 

Name

Mr. A.S.M Rafiqul Islam

Designation

Managing Director

Nationality

Bangladeshi

 

 

Name

Mrs. Nur-e-Yasmin Fatima

Designation

Deputy Managing Director

Nationality

Bangladeshi

 

 

Name

Mr. Abdullah Mohammad Zaber

Designation

Deputy Managing Director

Nationality

Bangladeshi

 

 

Name

Mr. Mohammad Abdullah Zubair

Designation

Director

Nationality

Bangladeshi

 

 

Name

Mr. Abdullah Mohammad Talha

Designation

Director

Nationality

Bangladeshi

 

 

SHAREHOLDERS

 

Name

Mr. Mohammad Nurul Islam

Designation

15%

Nationality

Bangladeshi

 

 

Name

Mr. A.S.M Rafiqul Islam

Designation

25%

Nationality

Bangladeshi

 

 

Name

Mrs. Nur-e-Yasmin Fatima

Designation

15%

Nationality

Bangladeshi

 

 

Name

Mr. Abdullah Mohammad Zaber

Designation

15%

Nationality

Bangladeshi

 

 

Name

Mr. Mohammad Abdullah Zubair

Designation

15%

Nationality

Bangladeshi

 

 

Name

Mr. Abdullah Mohammad Talha

Designation

15%

Nationality

Bangladeshi

 

 

BUSINESS DETAILS

 

Line of Business

Manufacturer & Exporter

Items Dealing In

Ready-Made Garments

Terms of Purchase

Local: Cash or Credit

Import: Against L/C

Terms of Sale

Export: Against L/C

 

 

BANKERS

 

Name

Prime Bank Limited

Branch

Motijheel Branch

Address

Motijheel Commercial Area, Dhaka

SWIFT

N/A

 


FINANCIAL INFORMATION

 

Year

2011

2010

 

2009

Investment

Tk.34 million

Tk.32 million

Tk.32 million

Turnover

Tk.316 million

Tk.314.6 million

Tk.314 million

Liability

Tk.10 million

Tk.11.5 million

Tk.12 million

Assets

Tk.42 million

Tk.40 million

Tk.40 million

 

CAPITAL STRUCTURE

 

Authorized Capital

Tk.20 million

Paid Up Capital

Tk.5 million

Each Share Value

Tk.100.00

 

 

CURRENCY EXCHANGE RATE

 

Currency

Unit

Bangladeshi Taka (BDT)

 

Great Britain Pound

1

130.9148

U.S Dollar

1

81.7400

European Euro

1

105.7634

 

 

ADVERSE DATA MONITORING

 

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

 


GENERAL INFORMATION

 

Employees

830

Office Area (Sq. Ft)

2,500 Sq.ft (own)

Factory Area (Sq. Ft)

40,000 sq.ft (rented)

Warehouse Area (Sq. Ft)

8,500 Sq.ft (own)

Range of Products

4 Shirts

4 Trousers

4 Fabrics 

Certifications

NIL

Group Name

4 Noman Group

Subsidiaries / Affiliates

4 Artex Fabrics Ltd

4 Zaber & Zubair Fabrics Ltd

4 Sufia Cotton Mills Ltd

4 Noman Textile Mills Ltd

4 Noman Fabrics Ltd

4 Noman Textile Mills Ltd

4 Talha Tex-pro Ltd

4 Zaber & Zubair Accessories Ltd

4 Noman Composite Textiles Ltd

4 Zarba Textile Mills Ltd

4 Ismail Textile Mills Ltd

4 Saad-Saan Textile Mills Ltd

4 Noman Weaving Mills Ltd

4 Zaber Spinning Mills Ltd

4 Zubair Spinning Mills Ltd

4 Talha Fabrics Ltd

4 Noman Home Textile Mills Ltd

4 Sufia Fabrics Ltd

4 Mariom Textile Mills Ltd

4 Noman Composite Mills Ltd

Member

4 Dhaka Chamber of Commerce & Industry, Dhaka

4 Bangladesh Garments Manufacturer & Exporters Association

 

 

BUSINESS TREND & PROSPECT

 

Business Scale           

Fairly Large

Business Trend

Growing

Management Capability

Good

Reputation

Good

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.86

UK Pound

1

Rs.102.52

Euro

1

Rs.87.06

 

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.