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Report Date : |
29.11.2014 |
IDENTIFICATION DETAILS
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Name : |
HADIR BEYHAGH
ALBORZ INDUSTRIAL GROUP COMPANY |
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Registered Office : |
3th floor,
No.28, |
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Country : |
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Date of Incorporation : |
01.12.2009 |
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Com. Reg. No.: |
422305 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Supplier of Ammonium
Nitrate Fertilizer Grade and Porpous Prills as well as Sodium Nitrate. |
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No of Employees : |
07 |
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 : |
Small Business |
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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 – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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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, 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: Hadir Beyhagh Alborz Industrial Group Company
Also Trade as: Hadir Co
Address: 3th floor,
No.28, Hemati St
Between 131 and 133, Shahed Sq, Tehranpars
Tehran 165665681, Iran
Tel: +
98 21 77147459 / 77785484
Fax: +
98 21 77147459
Website: www.hadir.com
E-mail: info@hadir.com
Company was originally started as an
on 2009.
Current Legal
Form: Limited Liability Company
Registration Address:
3th floor, No.28, Hemati St
Between 131 and 133, Shahed Sq, Tehranpars
Tehran 165665681, Iran
Registration
Number: 422305
Registration Date: 01/12/2009
Registration Town: Tehran
National id: 10320134118
Capital:
10,000,000 Iranian Rials
Shareholders:
|
Shareholder Name |
Share % |
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Mrs.
Fatemeh Yasini |
40% |
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Mr.
Mousa Bashtani |
40% |
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Mrs. Masoumeh Bashtani |
10% |
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Mr. Hassan Bashtani |
10% |
Name: Mrs. Fatemeh
Yasini
Position within the company: Chairman
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi-English
Name: Mr. Mousa Bashtani
Position within the company: Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mrs. Masoumeh
Bashtani
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi, English
Name: Mr. Hassan
Bashtani
Position within the company: Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi, English
Supplier of Ammonium Nitrate Fertilizer Grade
and Porpous Prills as well as Sodium Nitrate.
Branches:
5,Pavitra Park,
Near Ayyapa Temple
New Sama Road, Vadodara-390008, Gujarat, India
Rashidya Umm
Ramoul
P.O Box No. 60034
Dubai, UAE
Local Reporters consider the investigated company to be Small
in their field of concern
Company Employs: 7
Sales: 100%
Nationally
Sales to: Group companies, General Public
Sales Term: Cash, Bank Transfer, accept
credit, Letter of credit
Vehicles: 2
Operates Form: Owned: Office, Warehouse
Location: Central
Business Area, Main Road,
Parsian Bank
Account No: 15485040502581
Iran
Auditor: Mr. Hafez Asadi
Solicitor: Mr. Hashem Behdadi
Imports From: India, China
Importing Terms: Bank
Transfer
Import % and type of product: 30% Finished Goods
Export % and type of product:
Subject does not export
No Data
Subject's payments reported to be: NO COMPLAINTS
Following to the interview with Mr.
Mousa Bashtani (
Managing Director), he confirmed it.
Note: the registered name of company is Hadir Beyhagh Alborz Industrial Group 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:
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
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Indian Rupees |
|
US Dollar |
1 |
Rs.61.97 |
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|
1 |
Rs.97.37 |
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Euro |
1 |
Rs.77.16 |
INFORMATION DETAILS
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Analysis Done by
: |
SUB |
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Report Prepared
by : |
MNL |
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.