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Report Date : |
04.06.2014 |
IDENTIFICATION DETAILS
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Name : |
AZMOON GOSTAR SARIR COMPANY |
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Registered Office : |
No 5, Nafis 20.5 St 21st Chahardange Industrial Town, Tehran 3319145784 |
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Country : |
Iran |
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Date of Incorporation : |
422305 |
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Com. Reg. No.: |
07.04.2012 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacturer of industrial materials, and magnetic solutions. |
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No of Employees : |
18 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Iran |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
IRAN - ECONOMIC OVERVIEW
Iran's economy is marked by statist policies, an inefficient state sector, and reliance on oil, a major source of government revenues. Price controls, subsidies, and other distortions 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. New fiscal and monetary constraints on Tehran, following the expansion of international sanctions in 2012 against Iran's Central Bank and oil exports, significantly reduced Iran's oil revenue, forced government spending cuts, and fueled a 60% currency depreciation. Economic growth turned negative in 2012 and 2013, for the first time in two decades. Iran continues to suffer from double-digit unemployment and underemployment. Lack of job opportunities has convinced many educated Iranian youth to seek jobs overseas, resulting in a significant "brain drain." However, the election of President Hasan RUHANI in June 2013 brought about widespread expectations of economic improvements and greater international engagement among the Iranian public, and early in Ruhani's term the country saw a strengthened national currency and a historic boost to market values at the Tehran Stock Exchange
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Source
: CIA |
Company Name: Azmoon Gostar Sarir
Company
Also Trade as: AGS
Address: No 5, Nafis 20.5 St
21st Chahardange Industrial Town
Tehran 3319145784, Iran
Tel: + 98 21 5528 0318-9
Fax: + 98 21 5527 3987
Website: www.agsndt.ir
E-mail: info@agsndt.ir
Company was originally started as an
on 2012
Current Legal Form: Limited Liability
Company
Registration
Address: No 5, Nafis 20.5
St
21st Chahardange
Industrial Town
Tehran 3319145784, Iran
Registration Number: 422305
Registration Date: 07/04/2012
Registration Town: Tehran
National id: 10320752297
Capital: 100,000,000
Iranian Rials
Shareholders:
|
Shareholder Name |
Share % |
|
Mr. Farid
Afsharrad |
50% |
|
Mr.
Mohammad Hussein Jafari |
50% |
Name: Mr. Farid
Afsharrad
Position within the company: Chairman
Country of Birth: Iran
Nationality:
Iranian
Can fluently speak: Farsi-English
Name: Mr. Mohammad
Hussein Jafari
Position within the company: Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Shahin Hashemi
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi, English
Manufacture of
industrial materials, and magnetic solutions.
Branches:
No.44, Deh Bahar, Shahriar , Iran
Tel: +98 262 3261795
No.66, 4th floor, Mehran Afarand, Satarkhan, Tohid, Tehran, Iran
Tel: +98 66433065
Local Reporters consider the investigated company to be Small in their field of concern
Company Employs: 18
Sales: 100%
Nationally
Sales to: Group
companies, General Public
Sales Term: Cash, Bank
Transfer, accept credit, Letter of credit
Vehicles: 4
Operates Form: Owned: Office,
Workshop
Location: Central Business Area, Main Road,
Bank Mellat
Iran
Auditor: Mr. Farhad Khorami
Solicitor: Mr. Jamal Husseini
Imports From: Germany
Importing Terms: Bank Transfer
Import % and type of product: 30%
Finished Goods
Agency:
Karl Deutsch- Germany
Export % and type of product: Subject does not export
No Data
Subject's payments reported to be: NO COMPLAINTS
Reporter Comment Date: 03/06/2014
Following to the interview with Mr. Mohammad Hussein Jafari ( Managing Director), he confirmed it.
Local Reputation:
The company being investigated is considered by local reporters to be a Medium Trade Risk and To Be Fair.
Owner/Shareholders Comments: Some of the owners / shareholders have an active participation in the running of the business.
Age of Business: Under 5 Year
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 59.21 |
|
|
1 |
Rs. 99.16 |
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Euro |
1 |
Rs. 80.56 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
DPT |
RATING EXPLANATIONS
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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.