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Report No. : |
325251 |
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Report Date : |
03.06.2015 |
IDENTIFICATION DETAILS
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Name : |
MEHR
KANAZ SANAT COMPANY |
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Registered Office : |
No
17, Koosha St, Shariati Ave Tehran |
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Country : |
Iran |
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Date of Incorporation : |
08.11.2001 |
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Com. Reg. No.: |
180162 |
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Legal Form : |
Limited Liability
Company |
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Line of Business : |
Subject is Importer and distributor and consultation of online gas analyzers, dust measurement
systems, flow measurement systems
(ultrasonic , magnetic), online sensors (temperature, pressure, humidity,
velocity) and after-sales services,
maintenance and troubleshooting for
all a products and -instrumentation
and measurement services In various industries including oil, gas,
petrochemical, cement, power generation, food |
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No. of Employee : |
26 |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Iran |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
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, inefficiencies, and reliance on oil and gas exports, but Iran also possesses significant agricultural, industrial, and service sectors. The Iranian government directly owns and operates hundreds of state-owned enterprises and indirectly controls many companies affiliated with the country's security forces. Distortions - including inflation, price controls, subsidies, and a banking system holding billions of dollars of non-performing loans - weigh down the economy, undermining the potential for private-sector-led growth. Private sector activity includes small-scale workshops, farming, some manufacturing, and services, in addition to medium-scale construction, cement production, mining, and metalworking. Significant informal market activity flourishes and corruption is widespread. Fiscal and monetary constraints, following the expansion of international sanctions in 2012 on Iran's Central Bank and oil exports, significantly reduced Iran's oil revenue, forced government spending cuts, and sparked a sharp currency depreciation. Iran’s economy contracted for the first time in two decades during both 2012 and 2013, and grew only slightly 2014. Iran continues to suffer from high unemployment and underemployment. Lack of job opportunities has prompted many educated Iranian youth to seek employment overseas, resulting in a significant "brain drain." In June 2013, the election of President Hasan RUHANI generated widespread public expectations of economic improvement and greater international engagement. In connection with ongoing international negotiations over Iran’s nuclear program the limited sanctions relief for Iran provided under the Joint Plan of Action of November 2013, helped to forestall the decline in the economy in 2014.
|
Source
: CIA |
Company
Name: MEHR
KANAZ SANAT COMPANY
Company
Trade Name: Mehr Kanaz Company
Address: No 17, Koosha St, Shariati Ave Tehran
Tehran,
Iran
Postal
Code: -
P.O.BOX: 4481-19395
Telephone: +98 21 22226994
Fax: +98 21 22227851
Website: www.mehr-kanaz.com
E-mail: info@mehr-kanaz.com
Current
Legal Form: Limited
Liability Company
Registration
Address: 5th
Floor, No.17, Sepahan St, Shahnazari St, Mirdamad Blvd
Tehran, Iran
Start
Date: 08/11/2001
Registration
Number: 180162
Registration
Date: 08/11/2001
Registration
Town: Tehran
National Code ID: 10102223774
Note:
The
registered name of company is Mehr Kanaz Sanat
Company.
Nominal
Capital: 1,000,100,000
Share
No: 1,000,100
Share
Value: 1,000
|
Shareholder
Names |
|
Moridian-
Family
55% |
|
Mr.
Mohammad Peilehvari Nezhad Tehran
25% |
|
Mr.
Masoud Seyed Mazloum 20% |
Name:
Mr.
Abdoullkarim Moridian
Position
within the company: Chairman
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mr.
Masoud Seyed Mazloum
Position
within the company: Vice
Chairman
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name: Mr.
Mohammad Peilehvari Nezhad Tehran
Position
within the company: Managing
Director& Member
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mr.
Shahriyar Moridian
Position
within the company: Member
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mrs.
Parvin Hoveida Marashi
Position
within the company: Member
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mrs.
Mitra Moridian
Position
within the company: Member
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name:
Mrs.
Tina Moridian
Position
within the company: Member
Country
of Birth: Iran
Nationality: Iranian
Can
fluently speak:
Farsi- English
Name: Mrs.
Pardis Moridian
Position
within the company: Member
Country
of Birth: Iran distributor of
Nationality: Iranian
Can
fluently speak: Farsi- English
Importer& distributor& consultation of online gas analyzers, dust measurement
systems, flow measurement systems (
ultrasonic , magnetic , … ), online sensors ( temperature, pressure, humidity ,
velocity , …)& after-sales services , maintenance &
troubleshooting for all a products and -instrumentation and measurement services
In various industries including oil, gas, petrochemical, cement, power
generation, food .
Local
Reporters consider the investigated company to be Medium in their field of concern
Brands:
SICK,
Dold, SICK MAIHAK, Heraeus Electro-Nite,
Enviro Technology, Kobold, Tesa, ADEV , AGT,
SpiritIT,
HMS , Ecotech, testo, LSI-Lastem , TCR-Tecora
Company Employs:
26
Operates from: Rented, Office, Warehouse
Location: Central Business
Area, Main Road
Import %: 50%- Finished Goods
Import
term: Bank Transfer
Import
from: Belgium,
Germany
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
Mellat
Bank
Branch:-
Financial Information
Auditor:
Mr. Rahman Jafari
Solicitor:
Saeid Saeidi
Subject's
payments reported to be: Non- Complaint
Date:
01/06/2015
Name/Title: Mr. Mohammad
Peilehvari Nezhad Tehran
Note:
The
subject has sale agencies in Isfahan,
shiraz, Ahwaz, Mashhad, Tabriz, Amool cities of Iran.
Address:
Saba Afarinan Shargh Company, No.24, Kasaei
ST, 2nd Pieouzi, Pirouzi Blvd
Mashhad,
Iran
Mr.
Farhang Forouzan
Tel:
+ 511 8782029
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 Family business
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.83 |
|
|
1 |
Rs.97.10 |
|
Euro |
1 |
Rs.69.74 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
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|
|
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Report Prepared
by : |
ASH |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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 |
|
<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.