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Report No. : |
321885 |
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Report Date : |
11.05.2015 |
IDENTIFICATION DETAILS
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Name : |
PARASHNOOR BONYAN COMPANY |
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Registered Office : |
Unit 10, 5th Floor, No. 865, Dadashzadeh Building, West 15th Khordad St, Vahdat Islami Ave Tehran 1114718855 |
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Country : |
Iran |
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Date of Incorporation : |
27.01.2010 |
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Com. Reg. No.: |
365832 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Supplier & designing of lasers & research - industry - medical
lasers and Importer of cosmetics and health accessories |
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No. of Employee : |
6 |
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 company |
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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) |
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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, 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.
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Source
: CIA |
Company Name: PARASHNOOR
BONYAN COMPANY
Company Trade Name: Parashnoor Laser
& Electro Optic Company,
Parashnoor Company
Address: Unit 10, 5th Floor, No. 865,
Dadashzadeh Building, West 15th Khordad St,
Vahdat Islami Ave
Tehran,
Iran
Postal Code: 1114718855
P.O.BOX:
-
Telephone:
+98 21 55816248-49, 55610569
Fax: +98 21 55157407
Mobile No:
+ 98 912 3035529
Website:
www.parashnoor.com
E-mail: info@parashnoor.com
HISTORY
Previous address: No.28, 5 St, Mozhdeh St, Pasdaran Ave Tehran, Iran
Date of change: 28/04/2010
Current Legal Form:
Limited Liability
Company
Registration Address:
Unit 10, 5th
Floor, No. 865, Dadashzadeh Building, West 15th Khordad
St,
Vahdat Islami Ave
Tehran, Iran
Start Date: 27/01/2010
Registration Number:
365832
Registration Date:
27/01/2010
Registration Town:
Tehran
National Code ID:
10320165296
NOTE:
The registered name of company is Parashnoor Bonyan Company.
Nominal Capital: 20,000,000
Share No: 20,000
Share Value: 1,000
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Shareholder
Names |
|
Mr. Majid Soleimani family 100% |
Name:
Mrs. Faeigheh Panaheianfar
Position within the company:
Chairman (Out of
shareholder)
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name: Mr.
Majid Soleimani
Position within the company:
Managing Director&
Member
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Name:
Mr. Ahmad Rouhi Zadeh
Position within the company:
Manager
Country of Birth: Iran
Nationality: Iranian
Can fluently speak: Farsi- English
Supplier & designing of lasers& research - industry - medical
lasers and Importer of cosmetics and health accessories.
Local Reporters consider the investigated company to be Small
in their field of concern
-
Company Employs: 6
Operates from:
Rented, Office, Warehouse
Location: Central Business Area, Main Road
Import %: 30%- Finished Goods
Import term: Bank Transfer
Import from: Germany, Italy
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: 2
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Refah Bank
Auditor: Mr. Asghar Asghari
Solicitor: Mr. Mohammad Rahmati
Subject's payments reported to be: Non- Complaint
Name/Title: Mr. Majid Soleimani
He refused to cooperate with us completely.
Local Reputation:
The company being investigated is considered by local reporters to be a High
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.64.05 |
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|
1 |
Rs.99.04 |
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Euro |
1 |
Rs.71.76 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
ANK |
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.