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Report Date : |
16.01.2014 |
IDENTIFICATION DETAILS
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Name : |
NIKAN GHAHREMAN ARYA COMPANY |
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Registered Office : |
Unit .10, 3rd Floor, Thirty-six Building, Daneshvar Alley, South Jamalzadeh St, Enghilab Sq, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
31.05.2010 |
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Com. Reg. No.: |
375868 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Subject is a trading company and engaged in supplying kinds of electronic equipment and mass communication systems, varieties of cars, observation and measurement and laboratory equipment, vehicle washer and electric generator & laboratory regular heater and passenger car. |
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No. of Employees : |
15 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Iran |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Iran ECONOMIC OVERVIEW
Iran's economy
is marked by statist policies and an inefficient state sector, which create
major distortions throughout the system, and reliance on oil, which provides a large
share of government revenues. Price controls, subsidies, and other rigidities
weigh down the economy, undermining the potential for private-sector-led
growth. Private sector activity is typically limited to small-scale workshops,
farming, some manufacturing, and services. Significant informal market activity
flourishes and corruption is widespread. Tehran since the early 1990s has
recognized the need to reduce these inefficiencies, and in December 2010 the
Majles passed President Mahmud AHMADI-NEJAD's Targeted Subsidies Law (TSL) to
reduce state subsidies on food and energy. This was the most extensive economic
reform since the government implemented gasoline rationing in 2007. Over a
five-year period the legislation sought to phase out subsidies that previously
cost Tehran $60-$100 billion annually and mostly benefited Iran''s upper and
middle classes. Cash payouts of $45 per person to more than 90% of Iranian
households mitigated initial widespread resistance to the TSL program. However,
inflation in 2012 reached its highest level in four years, eroding the value of
these cash payouts and motivating the Majles to halt planned price increases
for the second half of 2012 through at least March 2013. New fiscal and
monetary constraints on Tehran, following international sanctions in January
against Iran''s Central Bank and oil exports, significantly reduced Iran''s oil
revenue, forced government spending cuts, and fueled a 20% currency
depreciation. Economic growth turned negative for the first time in two
decades. Iran also continues to suffer from double-digit unemployment and
underemployment. Underemployment among Iran''s educated youth has convinced
many to seek jobs overseas, resulting in a significant "brain drain."
|
Source : CIA |
Company Name:
Nikan Ghahreman Arya Company
Company
Trade Name: Ghahremani Trading Group Company
Address: Unit .10, 3rd Floor, Thirty-six Building, Daneshvar Alley
South Jamalzadeh St, Enghilab Sq
Tehran
Iran
Postal Address: 1313973838
Telephone: + 98 21 66595729, 66595728-29, 66569181-82
Fax: + 98 21 66422671, 66569960
Mobile No: + 98 0912 2206518, 1197643, 6448097, 0935 2219997
Website:
-
E-mail:
info@ghahremanitrading.ir,
CEO@ghahremanitrading.ir
Current Legal Form: Private Joint Stock Company
Registration Address: Unit .10, 3rd Floor, Thirty-six Building, Daneshvar Alley
South Jamalzadeh St, Enghilab Sq
Tehran
Iran
Start Date: 31/05/2010
Registration Number: 375868
Registration Date: 31/05/2010
Registration Town: Tehran
Note:
Former Legal Form:
Limited Liability Company
Date of change: 05/02/2011
Currency: Iranian
Rials
Nominal capital:
600,000,000
|
Number of Shares: 600 |
Type of Shares: |
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Issued Shares: |
Value per share: 1,000,000 |
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Shareholder Names |
% of Voting/Non-Voting Capital |
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Ghahremani Igdir Family |
80% |
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Jalal Razagh Zadeh Shabestari |
20% |
Name: Mrs. Elnaz Ghahremani Igdir
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID: 1380898684
Name: Mr. Jalal Razagh Zadeh Shabestari
Position within the company: Vice Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID: 0066327245
Name: Mrs. Sanaz Ghahremani Igdir
Position within the company: Managing Director& Member
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID: 0079697501
Name: Mr. Fazlali Ghahremani Igdir
Position within the company: Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID: -
Name: Mrs. Mahin Nejad Taghavi
Position within the company: Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID: -
Operations
It is a trading company and engaged in supplying kinds of
electronic equipment and mass communication systems, varieties of cars,
observation and measurement and laboratory equipment, vehicle washer and
electric generator & laboratory regular heater and passenger car.
Branch:
No. 112, 2nd Floor, Abolhassani St., Ostad H.
Banna Shomali, Tesalat Highway
Tehran, Iran
Tel: + 98 21 26315267, 26315269
Fax: + 98 21 26315268
Premised: Rented, Office
Local Reporters consider the investigated company to be Medium in their field of concern.
Company Employs: 15
Operates from: Owned, Offices, Warehouses
Location: Central Business Area, Main Road
Imports : Finished Goods
Import%: 50%
Import from: Europe, South Korea
Import terms: letters of credit
Additional: Balance of 60 % purchased via local market
No Export
Territory: 100 % Nationality
Type of Customer: Group Companies, Retailers, Public People
Terms of sales: letters of credit
Vehicles: Total number of vehicles:
Name: Taktaz Gostar Pershia Company ( Sister Company)
Name: Poeh Tejarat Omid Iranian Company( Sister Company)
Tejarat Bank
Solicitor: Mr. Gholam Reza Ahmadi (National Code ID: 322495385 )
Auditors: Olgoe Hesab Auditing Institute (National Code ID: 10320399720 )
Subject's payments reported to be: Non- Complaint
Name/Title: Mrs. Sanaz Ghahremani Igdir - Managing Director
Note:
The registered name of company is Nikan Ghahreman Arya Company.
Note:
Trade name of the subject is Ghahremani Trading Group Company.
Note:
It is the acronym name NGA.
Local Reputation: The company being investigated is considered by local reporters to be a
Normal Trade Risk and to be fair.
Owner/Shareholders Comments:
All of owners involved in the running of the business
Age of Business:
Under Five Family Business
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.59 |
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UK Pound |
1 |
Rs.101.09 |
|
Euro |
1 |
Rs.83.99 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome
financial difficulties seems comparatively below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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.