|
Report Date : |
18.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
RASTA GROUP QESHM
COMPANY |
|
|
|
|
Registered Office : |
Taghatoe 5, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
19.12.2004 |
|
|
|
|
Com. Reg. No.: |
1318 |
|
|
|
|
Legal Form : |
Private Joint Stock Company |
|
|
|
|
Line of Business : |
Importer and Manufacturer of Safety Valves, Ball Valves, Globe Valves,
and Flow Control Valves. |
|
|
|
|
No. of Employees : |
50 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
|
B1 |
B1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
|
Source
: CIA |
Company Name: Rasta
Group Qeshm Company
Also Known as: Rasta Group International Valve Company,
Rasta Group Industrial Valve Manufacturing &
Development Co
Address: Unit 6, No.35, Kheradmand St, Karimkhan Ave, Tehran, Iran
Tel: +98
21 88308067 / 88847407
Fax: +98 21 88307089
Website: www.rastagroup.net
E-mail: info@rastagroup.net
Company was originally started as an
on 2004.
Current Legal Form: Private Joint
Stock Company
Registration Address: Taghatoe
5, Saadi St, Tavala Industry Town, Qeshm, Iran
Registration Number: 1318
Registration Date: 19/12/2004
Registration Town: Tehran
National id: -
Capital: 100,000,000
Share No: 100,000
Share Value: 1,000
Paid Up Capital: 100,000,000
Chamber of Commerce No: 3644
|
Shareholder Names |
Share% |
|
Mr. Mohammad
Omid Haji Azimi |
40% |
|
Mr. Khosro Emami
Khouei |
60% |
Name: Mr. Mohammad Omid
Haji Azimi
Position within the company: Vice Chairman
& Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi-English
Name:
Mr. Khosro Emami
Khouei
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Amir Shahriar
Mardafkan
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Kaveh
Katouzian
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Importer and manufacture of
safety valves, ball valves, globe valves and flow control valves.
Branches:
No.8, 20th St, Phase 3
Hashtgerd Industrial City
Alborz Province, Iran
Tel: +98 26 44221522
Fax: +98 21 44234100
Local Reporters consider the investigated company to be Small in their field of concern
Company Employs: 50
Sales: 100% Nationally
Sales to: Group
companies, General Public
Sales Term: Cash, Bank Transfer, accept
credit, Letter of credit
Vehicles:
8
Operates Form:
Owned: Office, Factory
Location: Central Business Area,
Main Road
No Data
Auditor: Mr.
Masoud Farahi
Solicitor: Mr.
Jamal Alizadeh
Imports From: India,
China
Importing Terms: Bank Transfer
Import % and type of product: 40%
Finished Goods
Export % and type of product: Subject does not export
No Related companies
Subject's payments reported to be: NO COMPLAINTS
Following to
the interview with Mr. Mohammad Omid
Haji Azimi
(Vice Chairman & Managing Director), he confirmed it.
Note: the registered name of company is Rasta Group Qeshm Company.
Local Reputation:
The company being investigated is considered by local reporters to be a Medium
Trade Risk and To Be Fair.
Owner/Shareholders Comments:
None of the owners / shareholders have an active participation in the running of the business.
Age of Business: Old Business
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.06 |
|
|
1 |
Rs.101.84 |
|
Euro |
1 |
Rs.81.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.