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Report Date : |
28.03.2014 |
IDENTIFICATION DETAILS
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Name : |
DARYAYE NILGON CHABAHAR COMPANY |
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Registered Office : |
No.14, Meydane Shohada, Chabahar Free Zone |
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Country : |
Iran |
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Date of Incorporation : |
01.11.2001 |
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Com. Reg. No.: |
522 |
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Legal Form : |
Private Joint Stock Company
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Line of Business : |
Distributor of foodstuffs, and fish products. |
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No. of Employees : |
23 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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 |
|
Risk Category |
ECGC Classification |
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Insignificant |
A1 |
|
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, 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.
|
Source
: CIA |
Company Name: DARYAYE NILGON
CHABAHAR COMPANY
Also Trade as: -
Address: No.14, Meydane
Shohada, Chabahar Free Zone, Iran
Telephone: +98 21 44133481-2
Fax: +98 21
88991036
Website: -
E-mail: info@seafoodiran.com
Current Legal Form: Private Joint Stock
Company
Registration Address:
No.14, Meydane
Shohada, Chabahar Free Zone, Iran
Start Date: 01/11/2001
Registration Number: 522
Registration Date: 01/11/2001
Registration Town: Tehran
National Code ID: 10500028006
Currency: Iranian
Rials
Nominal capital: 2,000,000,000
|
Number of Shares: 2,000,000 |
Type of Shares: |
|
Issued Shares: |
Value per share: 1,000 |
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Shareholder Names |
% of Voting/Non-Voting Capital |
|
Mr. Mohammad Osman Takht Arayesh |
40% |
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Mr. Shirmohammad Pousha |
20% |
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Mr. Osma
Pishbahar |
10% |
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Mr. Abduosamad Niknejad |
30% |
Name:
Mr. Mohammad Osman Takht Arayesh
Position within the company: Chairman
Country of Birth: Iran
Nationality:
Iranian
Can fluently speak: Farsi- English
Name:
Mr. Shirmohammad Pousha
Position within the company: Vice Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr. Osma Pishbahar
Position within the company: Member
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID:
Name: Mr. Abduosamad Niknejad
Position within the company: Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
National Code ID:
Distributor of foodstuffs, and fish products.
Branches:
Unit 2, No.415, Nabshe Eshghal, Ferdous Gharbi Blvd, Tehran, Iran
Premised: Rented- Office
No. 71,Tamadon Market, Isfahan, Iran
Premised: Rented- Office
Local Reporters consider the investigated company to be
Medium
in their field of concern.
Company Employs: 23
Operates from: Owned, Offices, Warehouses
Location:
Central Business Area, Main Road
Imports : Finished
Goods
Import%: 100%
Import from: UAE, Bahrain
Import terms: letters
of credit
It doesn’t any export.
Territory: 100% Nationality
Type of Customer: Group Companies, Retailers
Terms of sales: letters of credit
Vehicles:
Total number of vehicles: 7
No related companies
Tejarat Bank
Solicitor:
Mrs. Fataneh Azimi
Auditors: Mr. Homan Asgharzadeh
Subject's payments reported to be: Non- Complaint
Name/Title: Mr. Abduosamad Niknejad - Managing Director
The subject confirmed it.
Note: the address which you provided is the branch address of the
subject.
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: Old Business
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.13 |
|
|
1 |
Rs.99.65 |
|
Euro |
1 |
Rs.82.91 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
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 |
|
-- |
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.