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MIRA INFORM REPORT
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Report No. : |
489310 |
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Report Date : |
03.02.2018 |
IDENTIFICATION DETAILS
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Name : |
KHAVARAN SHIMIYAEY ARMAN COMPANY |
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Registered Office : |
Unit 3, No. 2, Shahid Beheshti Street, Andisheh Acve-west Andisheh 2, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
27.11.2016 |
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Com. Reg. No.: |
502023 |
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Legal Form : |
Private Join Stock Company |
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Line of Business : |
Importer of chemical products such as resins, paints and solvents |
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No. of Employees : |
4 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Relatively new business |
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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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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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 Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 the period 2012 to 2015, but strong growth resumed in 2016. Iran's stock market plunged between 2013 and 2015. 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. RUHANI has achieved some success, including reining
in inflation and, in July of 2015, securing the promise of sanctions relief for
Iran by signing the Joint Comprehensive Plan of Action (JCPOA) with the P5+1.
The JCPOA, which severely limits Iran’s nuclear program in exchange for unfreezing Iranian assets and reopening Iran to
international trade, should bolster foreign direct investment, increase trade,
and stimulate growth.
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Source
: CIA |
COMMENTS
ON ORIGINAL INVESTIGATION DETAILS
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INDICATE
ANY CHANGES REGARDING YOUR FINDINGS AGAINS THE DETAILS GIVEN IN OUR ORDER |
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The
subject refused us. Auditor:
Mr. Hossein Kaseb Solicitor:
Mr. Alireza Besharati Alamdari |
COMPANY
DETAILS
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COMPANY
REGISTERED NAME |
Khavaran Shimiyaey Arman Company |
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HEADQUARTER
ADDRESS |
Unit
3, No. 2, Shahid Beheshti Street, Andisheh Acve-west Andisheh 2, Tehran, Iran
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POSTAL
ADDRESS |
1569736115 |
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WEBSITE
/ EMAIL |
khavaranshimiyaiearman@gmail.com |
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TEL |
+98
21 88791902-4, 66598999 |
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FAX |
+98
21 66598999 |
REGISTRATION
DETAILS
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LEGAL
FORM |
Private
Join Stock Company |
Source
of info: Iran Registry Office |
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REGISTERED
NAME |
Khavaran Shimiyaey Arman Company |
Source
of info: Iran Registry Office |
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REGISTRATION
NUMBER |
502023 |
Source
of info: Iran Registry Office |
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DATE
OF REGISTRATION |
27/11/2016 |
Source
of info: Iran Registry Office |
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REGISTERED
ADDRESS |
Unit
3, No. 2, Shahid Beheshti Street, Andisheh Acve-west Andisheh 2, Tehran, Iran
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Source
of info: Iran Registry Office |
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CHAMBER
OF COMMERCE REG. NUMBER |
- |
Source
of info: Iran Registry Office |
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TAX
REGISTRATION NUMBER |
- |
Source
of info: Iran Registry Office |
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ANY
OTHER REGISTRATION INFO |
National
Number: 14006385220 |
Source
of info: Iran Registry Office |
HISTORY
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YEAR
STARTED OPERATIONS |
27/11/2016 |
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FORMER
LEGAL FORM / DATE OF CHANGE / Source of info |
- |
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Iran
Registry Office |
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FORMER
REGISTERED NAME / DATE OF CHANGE/ Source of info |
- |
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Iran
Registry Office |
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FORMER
REGISTERED ADDRESS / DATE OF CHANGE/ Source of info |
- |
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Iran
Registry Office |
CAPITAL
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CURRENCY
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Iranian
Riyals |
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AUTHORISED
(NOMINAL) CAPITAL |
10,000,000 |
Source
of info: Iran Registry Office |
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ISSUED
CAPITAL |
10,000,000 |
Source
of info: Iran Registry Office |
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PAID
UP CAPITAL |
4,000,000 |
Source
of info: Iran Registry Office |
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PARTNERSHIP
CAPITAL |
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Source
of info: Iran Registry Office |
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START
UP CAPITAL |
10,000,000 |
Source
of info: Iran Registry Office |
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FORMER
CAPITAL / DATE OF CHANGE |
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Source
of info: Iran Registry Office |
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FORMER
CAPITAL / DATE OF CHANGE |
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Source
of info: Iran Registry Office |
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FORMER
CAPITAL / DATE OF CHANGE |
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Source
of info: Iran Registry Office |
OWNERSHIP
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FULL
NAME (and address) |
NATIONALITY |
NUMBER
OF SHARES HELD |
%
OF SHARES HELD |
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Mr.
Mohsen Asadi (1229656537) |
Iranian
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Source
of info: Iran Registry Office |
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Source
of info: Chamber |
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Mrs.
Zahra Sadat Mir Kamali (1229702164) |
Iranian
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Source
of info: Iran Registry Office |
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Source
of info: Chamber |
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Mrs.
Shima Asadi (0440623014) |
Iranian
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Source
of info: Iran Registry Office |
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Source
of info: Chamber |
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Iranian
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Source
of info: Iran Registry Office |
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Source
of info: Chamber |
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Iranian
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Source
of info: Iran Registry Office |
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Source
of info: Chamber |
PRINCIPALS
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FULL
NAME (Address) |
NATIONALITY |
POSITION
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RELATION
WITH OTHER COMPANIES (pls state company name and type of relation) |
WORK
EXPERIENCE / QUALIFICATIONS |
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Mr.
Mohsen Asadi (1229656537) |
Iranian
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Chairman
& Managing Director |
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Mrs.
Zahra Sadat Mir Kamali (1229702164) |
Iranian
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Vice
Chairman |
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Mrs.
Shima Asadi (0440623014) |
Iranian
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Member |
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OPERATIONS
/ ACTIVITIES
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LINE
OF BUSINESS (ie: manufacture, retail, wholesale, type of products or services
etc) |
Wholesale
%__100__/ Retail % _______ Detail
explanation of activities: Importer of chemical products such as resins, paints and
solvents. |
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NUMBER
OF EMPLOYEES / GROUP EMPLOYEES |
4 |
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TYPE
OF CLIENTS (government, group companies, general public, etc) |
Group
Companies |
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IMPORTS
% |
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EXPORTS
% |
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IMPORTS
FROM (countries) |
China |
EXPORTS
TO (countries) |
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IMPORTS
TERMS OF PAYMENT (ie: CAD/ LC/ Open accounts) and DAYS OF CREDIT |
Bank
Transfer |
EXPORTS TERMS OF PAYMENT (ie: CAD/ LC/ Open
accounts) and DAYS OF CREDIT |
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BANKERS
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BANK
NAME |
BRANCH/ADDRESS/
COUNTRY |
ACCOUNT
NUMBER / CURRENCY |
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Maskan
Bank |
Tavanir
St, Valiasr Ave, Tehran, Iran |
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FINANCIAL
INFORMATION
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--
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.08 |
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1 |
INR 91.34 |
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Euro |
1 |
INR 80.03 |
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IRR |
1 |
INR 0.0019 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRI |
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Report Prepared
by : |
SYL |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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
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Promoters
/ Management background
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Payment
record
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Litigation
against the subject
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Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.