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Report No. : |
307184 |
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Report Date : |
09.02.2015 |
IDENTIFICATION DETAILS
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Name : |
SADERAT GOSTAR KALAY SANATI COMPANY
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Registered Office : |
No 3 Ground Floor (North Wing), 2nd Alley, Yousef Abad (Asad
Abdi) Ave Tehran-1431685111 |
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Country : |
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Date of Incorporation : |
01.09.1993 |
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Com. Reg. No.: |
102797 |
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Legal Form : |
Private Joint Stock Company |
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Line of Business : |
Subject is supplier of industrial connectors, types of bolts metal and
plastic. |
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No. of Employee : |
12 |
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 : |
Unknown |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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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, 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 |
SADERAT GOSTAR KALAY SANATI COMPANY
Company Trade Name: Saderat
Gostar K S Company
Address: No 3 Ground Floor (North Wing),
2nd Alley, Yousef Abad (Asad
Abdi) Ave
Postal Code: 1431685111
P.O.BOX:
-
Telephone: +98 21 88966098-88950820
Fax: +98 21 8896 6174
Website:
www.saderat@yahoo.com
E-mail: info@saderatgostar.com,
Saderat_gostar@yahoo.com
Current Legal Form:
Private Joint
Stock Company
Registration Address: No
3 Ground Floor (North Wing), 2nd Alley, Yousef Abad
(Asad Abdi) Ave
Tehran, Iran
Start Date: 01/09/1993
Registration Number:
102797
Registration Date:
01/09/1993
Registration Town: Tehran
National Code ID:
10101467360
Nominal Capital: 100,000,000
Share No: 100,000
Share Value: 1,000
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Shareholder Names |
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Mr.
Aliasghar Moghtader 40% |
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Mr. Faramarz Azadeh Tonikaboni 30% |
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Mrs. Behnaz Arasteh 15% |
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Mrs. Parvin Banaei Zadeh 15% |
Name:
Mr. Aliasghar
Moghtader
Position within the company: Chairman of the Board
Country of Birth: Iran
Nationality: Iranian
Can fluently speak:
Farsi- English
Name: Mr. Faramarz Azadeh Tonikaboni
Position within the company: Vice Chairman& Managing Director
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mrs. Behnaz Arasteh
Position within the company: Member of the Board of Directors
Country of Birth:
Iran
Nationality: Iranian
Can fluently speak:
Farsi- English
Name: Mrs. Parvin Banaei Zadeh
Position within the company: Director
Country of Birth:
Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Supplier of industrial connectors, types of bolts metal and plastic,
types of industrial fasteners and batteries.
Local Reporters consider the investigated company to be Medium in their field of concern
Brands:
BOLLHAFF, OJOP
Company Employs: 12
Operates from:
Owned, Office, Warehouse
Location: Central Business Area, Main Road
Import %:
50%- Finished
Goods
Import term: Bank Transfer
Import from: Europe, Germany, Swedish
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: 4
Saderat Bank
Branch: -
Auditor: Mr. Ali Shabestari
Solicitor: Mr. Alireza Masoudi
Subject's payments reported to be: Non- Complaint
Name/Title: Mr. Faramarz Azadeh Tonikaboni - Managing Director
Note:
The registered name of company is Saderat Gostar Kalay Sanati
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:
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. 61.73 |
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|
1 |
Rs. 94.65 |
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Euro |
1 |
Rs. 70.79 |
INFORMATION DETAILS
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Analysis Done by
: |
RAS |
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Report Prepared
by : |
ASH |
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.