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MIRA INFORM REPORT
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Report No. : |
495897 |
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Report Date : |
08.03.2018 |
IDENTIFICATION DETAILS
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Name : |
MAHRAM MANUFACTURING GROUP COMPANY |
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Registered Office : |
Mahram Building, No. 33, Motahari Ave, Tehran |
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Country : |
Iran |
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Date of Incorporation : |
27.02.1971 |
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Com. Reg. No.: |
14498 |
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Legal Form : |
Public Join Stock Company |
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Line of Business : |
Provider and marketer of mayonnaise and salad
sauce, all kinds of plain and spicy coconut, marinades, spices, jams and
non-meat canned. Manufacture of Fruit and
vegetables, canned, bottled and otherwise packaged, 1-Different kinds of sauces (mayonnaise, salad dressing,
ketchup) 2-Different kinds of jams (sour cherry, carrot, strawberry,
citrus fruit) 3-Different kinds of pickles :( mixed pickles,cucumber pickles,
olive pickles, garlic pickles) 4-Lime juice, Narang juice, grapefruit juice, orange juice) 5-Tomato paste, pomegranate concentrate, grape fruit and orange
concentrate 6-Cans: spaghetti sauces, mushroom, baked beans, green peas 7-Spaghetti pasta 8-Honey Packaging:carton, gallon, shrink, pack obtaining standard |
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No. of Employees : |
500 |
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 : |
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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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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 corruption, 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.
The lifting of most nuclear-related sanctions under the Joint Comprehensive Plan of Action (JCPOA) in January 2016 sparked a restoration of Iran’s oil production and revenue that drove rapid GDP growth, but economic growth declined in 2017 as oil production plateaued. The economy continues to suffer from low levels of investment and declines in productivity since before the JCPOA, and from high levels of unemployment, especially among women and college-educated Iranian youth.
In May 2017, the re-election of President Hasan RUHANI generated widespread public expectations that the economic benefits of the JCPOA would expand and reach all levels of society. RUHANI will need to implement structural reforms that strengthen the banking sector and improve Iran’s business climate to attract foreign investment and encourage the growth of the private sector. Sanctions that are not related to Iran’s nuclear program remain in effect, and these—plus fears over the possible re-imposition of nuclear-related sanctions—will continue to deter foreign investors from engaging with Iran.
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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. Note: The name that you provided is trade name of
this company. Auditor: Mokhtar & Partners Auditing Foundation Solicitor: Hesab Gostar Pouya Managing Services Auditing
Foundation Medium Trade Risk. |
COMPANY
DETAILS
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COMPANY REGISTERED NAME |
Mahram Manufacturing Group Company |
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TRADE NAME |
Mahram Group Co, |
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HEADQUARTER ADDRESS |
Mahram Building, No. 33, Motahari Ave, Tehran, Iran |
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POSTAL ADDRESS |
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WEBSITE / EMAIL |
www.mahramco.com,
info@mahramco.com |
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TEL |
+98 21 88726194 |
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FAX |
+98 21 88726194 |
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Mobile |
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Headquarter premises are: OWNED/ RENTED/ LEASED/ SHARED SQM
Description of Headquarter premises: OFFICES/ WAREHOUSE/
FACTORY / SHOWROOM
REGISTRATION
DETAILS
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LEGAL FOR7M |
Public Join Stock Company |
Source of info: Iran Registry Office |
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REGISTERED NAME |
Mahram Manufacturing Group Company |
Source of info: Iran Registry Office |
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REGISTRATION NUMBER |
14498 |
Source of info: Iran Registry Office |
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DATE OF REGISTRATION |
27/02/1971 |
Source of info: Iran Registry Office |
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REGISTERED ADDRESS |
Mahram Building, No. 33, Motahari Ave, Tehran, Iran |
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: 10100542221 |
Source of info: Iran Registry Office |
HISTORY
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YEAR STARTED OPERATIONS |
17/08/1970 |
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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 |
Iranian Riyals |
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AUTHORISED (NOMINAL)
CAPITAL |
35,000,000,000 |
Source of info: Iran Registry Office |
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ISSUED CAPITAL |
35,000,000,000 |
Source of info: Iran Registry Office |
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PAID UP CAPITAL |
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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 |
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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 |
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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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Donyaye Azad Pouya Investment Company (10102227837) |
Iranian |
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Source of info: Iran Registry Office |
21.8 |
Source of info: Chamber |
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Mellat Investment Company (10101357447) |
Iranian |
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Source of info: Iran Registry Office |
15.1 |
Source of info: Chamber |
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Darou Tejarat Saman Company (10102229288) |
Iranian |
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Source of info: Iran Registry Office |
15.5 |
Source of info: Chamber |
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Donyaye Elm Pouya Company (10102254969) |
Iranian |
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Source of info: Iran Registry Office |
14.8 |
Source of info: Chamber |
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Donyaye Fanavaran Pouya Company (10102225611) |
Iranian |
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Source of info: Iran Registry Office |
11.6 |
Source of info: Chamber |
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Others |
Iranian |
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Source of info: Iran Registry Office |
21.2 |
Source of info: Chamber |
PRINCIPALS
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FULL NAME (Address) |
NATIONALITY |
POSITION |
RELATION WITH OTHER COMPANIES (pls state company name and type
of relation) |
WORK EXPERIENCE / QUALIFICATIONS |
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Mr. Farrokh Samadian (4284605747) |
Iranian |
Chairman |
Donyaye Azad Pouya Investment Company (10102227837) |
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Mr. Sohrab Rasteh (1817755218) |
Iranian |
Vice Chairman |
Mellat Investment Company (10101357447) |
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Mr. Nosratollah Monzavi (2571622269) |
Iranian |
Managing Director |
Darou Tejarat Saman Company (10102229288) |
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Mr. Vafa Taghi Pourian Mashinchi (0040700291) |
Iranian |
Member |
Donyaye Elm Pouya Company (10102254969) |
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Mr. Amir Chakani (0051024357) |
Iranian |
Member |
Donyaye Fanavaran Pouya Company (10102225611) |
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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: Provider and marketer of mayonnaise and
salad sauce, all kinds of plain and spicy coconut, marinades, spices, jams
and non-meat canned. Manufacture of Fruit and
vegetables, canned, bottled and otherwise packaged, 1-Different kinds of sauces (mayonnaise, salad dressing,
ketchup) 2-Different kinds of jams (sour cherry, carrot, strawberry,
citrus fruit) 3-Different kinds of pickles :( mixed pickles,cucumber pickles,
olive pickles, garlic pickles) 4-Lime juice, Narang juice, grapefruit juice, orange juice) 5-Tomato paste, pomegranate concentrate, grape fruit and orange
concentrate 6-Cans: spaghetti sauces, mushroom, baked beans, green peas 7-Spaghetti pasta 8-Honey Packaging:carton, gallon, shrink, pack obtaining standard Brands:
Mahram |
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NUMBER OF EMPLOYEES / GROUP EMPLOYEES |
500 |
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TYPE OF CLIENTS (government, group companies, general public,
etc) |
Group Companies |
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NUMBER OF CLIENTS |
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NAME OF MAJOR CLIENTS |
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LOCAL MARKET SHARE % |
- |
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CURRENT CONTRACTS AND THEIR VALUE |
- |
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NUMBER OF OWNED VEHICLES |
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IMPORTS % |
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EXPORTS % |
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IMPORTS FROM (countries) |
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EXPORTS TO (countries) |
Middle East, Europe |
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IMPORTS TERMS OF PAYMENT (ie: CAD/ LC/ Open accounts) and DAYS
OF CREDIT |
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EXPORTS TERMS OF PAYMENT
(ie: CAD/ LC/ Open accounts) and DAYS OF CREDIT |
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TOTAL NUMBER OF BRANCHES |
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BRANCHES NAME |
Factory |
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BRANCHES LOCATION |
Second Hekmat St, Alborz Industrial,
Qazvin, Iran
Tel: 282 2222435 |
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BRANCHES ARE OWNED/ RENTED |
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FULL NAME/COUNTRY |
ACTIVITY |
RELATIONSHIP (Common Owners/ Common Directors) |
SHAREHOLDING % |
Source of info: |
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Parnian Mahyar Company, Iran |
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Affiliates |
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Chamber |
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Yek o yek Industrial Manufacturing Company, Iran |
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Affiliates |
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Chamber |
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Nikan Shahd Bazar Company, Iran |
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Affiliates |
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Chamber |
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Behtash Zomorod Pars Company, Iran |
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Affiliates |
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Chamber |
BANKERS
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BANK NAME |
BRANCH/ADDRESS/ COUNTRY |
ACCOUNT NUMBER / CURRENCY |
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Sepah Bank |
Motahari Ave, Tehran, Iran |
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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 64.96 |
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1 |
INR 90.34 |
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Euro |
1 |
INR 80.75 |
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IRR |
1 |
INR 0.0020 |
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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VAR |
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Report Prepared
by : |
TRU |
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
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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
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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.