3decades

MIRA INFORM REPORT

Report No. :	505156
Report Date :	24.04.2018

IDENTIFICATION DETAILS

Name :	SAMIR INTERNATIONAL

Registered Office :	Afsar Plaza (Ground Floor), 77/5, Moulvi Bazar, Chawkbazar, Lalbag, Dhaka-1100

Country :	Bangladesh

Date of Incorporation :	2018

Legal Form :	Sole Proprietorship

Line of Business :	Distributor, Importer, of Food Ingredients, Backing Power, East, etc.

No. of Employees :	2

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

Credit Rating	Explanation	Rating Comments
NB	New Business	No recommendation can be done due to business in infancy stage

Status :	New Business

Payment Behaviour :	Unknown

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.

EXECUTIVE SUMMARY

*IDENTIFICATION DETAILS*
Correct company Name	:	Samir International
Head Office	:	Afsar Plaza (Ground Floor), 77/5, Moulvi Bazar, Chawkbazar, Lalbag, Dhaka-1100, Bangladesh
Tel No	:	88-01712732293
Fax No	:	Nil
E-mail	:	nhmuz@yahoo.com
Website	:	Nil
Date/ Year of Establishment	:	2018
Trade License No	:	Nil
Legal Form (General)	:	Public Listed Co Public (but not listed) Private Co State-owned Co Sole Proprietorship Partnership Not Registered others (please specify) ________________
Legal form (Specific)	:	LTD CORP INC CO others (please specify) ________________
Issuing Authority	:	Registrar of Joint Stock Companies & Firms City Corporation Municipal Administration Union Council Cantonment Board Chief Controller of Import & Export

FULLCHECK REPORT DETAILS

*Information Parted By*
Name	:	Mr. Nazmul Hasan Mazumder
Designation	:	Chief Executive Officer
Contract No	:	88-01712732293

*Locations Details*
Business Address	:	Afsar Plaza (Ground Floor), 77/5, Moulvi Bazar, Chawkbazar, Lalbag, Dhaka-1100, Bangladesh
Tel No	:	88-01712732293
Fax No	:	Nil
E-mail	:	nhmuz@yahoo.com
Website	:	Nil

Location :

: Owned

Rented

Leased

Area

450

Sq. ft.

Type of Office :	: Commercial Office Bldg.				Semi-commercial Area.	Ö
Retail shop				Industrial Park
Business Center				Home Office
Residential Bldg.
Warehouse:

Address		:	Afsar Plaza (Ground Floor), 77/5, Moulvi Bazar, Chawkbazar, Lalbag, Dhaka-1100, Bangladesh
Tel No		:	Nil
Fax No		:	Nil

Location :

Owned

Rented

Leased

Area

800

Sq. ft.

Branch Address :
Address	:	Nil
Tel No	:	Nil
Fax No	:	Nil

Employee:

No. of Employees	In Office	:	2	Warehouse	:	N/A
	In Branch	:	N/A	Total	:	2
Details:

PROPRIETOR

Names of Proprietor

Mr. Readh Ahmed

MANAGEMENT

Name	:	Mr. Readh Ahmed
Job Description	:	Proprietor
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Nazmul Hasan Mazumder
Job Description	:	Chief Executive Officer
Nationality	:	Bangladeshi
Email address	:	nhmuz@yahoo.com
Other details	:	88-01712732293

BUSINESS OPERATIONS

Nature of Activity :	Manufacturer	Trader		Dealer	Distributor	Ö

	Exporter	Importer	Ö	Services	Others

Item Dealings In:

Products	:	Food Ingredients, Backing Power, East, etc.
Import Products	:	N/A
Export products	:	N/A

Trading Terms:

Purchasing Terms:	L/C	Ö	Cash		Others
	Credit :		30 days		60 days	Ö	90 days			days

Selling Terms :

L/C

Cash

Others

Credit :

30 days

60 days

90 days

days

DETAILED DATA

Trade Reference & Related Parties

Overseas Clients

N/A

Local Clients

N/A

Overseas Suppliers

N/A

Local Suppliers

N/A

Trade Markets

Exports

N/A

Imports

India, China

Brand Name

N/A

Certified

N/A

Auditors

N/A

Operation Status

Active

CAPITAL STRUCTURE

Capital Invested	:	BDT 5 Million

Assets	:	N/A

FINANCIAL STATEMENT- DETAILED

SC didn’t submit financial to local registry office.

ASSOCIARES/SUBSIDIARIES/ RELATED PARTIES

Name of The Group			:	Nil
Name of Mother Company			:	Nil
Subsidiary			:	Nil
Sister Concerns			:	Golden Trading Redwan Brothers Kingland Overseas Omega Corporation
BANKING
Bank Name	:	Exim Bank Ltd
Bank Address	:	Moulvibazar Branch Al-Aksha Shopping Centre, Kusumbag Area, Moulvibazar, Dhaka-1100, Bangladesh. Tel: 88-0861-63007, 63008, 01714167459

ADVERSE DATA MONITORING

Dishonored Checks	:	No Record Found
Debt	:	No Record Found
Litigation	:	Clear
Performance Defaults	:	No Record Found
Adverse Local Media Coverage/ Adverse Filling History	:	No Record Found

SITE VISIT COMMENTARY

Our representative visited the subject company Head Office which is situated at Afsar Plaza (Ground Floor), 77/5, Moulvi Bazar, Chawkbazar, Lalbag, Dhaka-1100, Bangladesh. It’s situated at a Semi-commercial Area.

GENERAL COMMENTS

The subject company engaged in Importer & Distributors which was established not one year. SC’s try to establish the company in good faith.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 66.22
UK Pound	1	INR 92.84
Euro	1	INR 81.27
BDT	1	INR 0.80

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	KET

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.