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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

494349

Report Date :

17.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

TOLIDE DARUHAI DAMI IRAN COMPANY

 

 

Registered Office :

4th Floor, No. 23, Arak Gharbi St, Nejatollahi Ave, Tehran

 

 

Country :

Iran

 

 

Date of Incorporation :

11.08.1981

 

 

Com. Reg. No.:

41752

 

 

Legal Form :

Private Join Stock Company

 

 

Line of Business :

Manufacture of livestock, poultry and bee medicines.

 

 

No. of Employees :

30

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

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.

 

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Iran

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

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.

 

Source : CIA

 

COMMENTS ON ORIGINAL INVESTIGATION DETAILS

 

INDICATE ANY CHANGES REGARDING YOUR FINDINGS AGAINS THE DETAILS GIVEN IN OUR ORDER

 

The subject refused us.

 

Note:

The name that you provided is trade name of this company.

 

Auditor: Dash & Partners Auditing Foundation

Solicitor: Arvin Khadamat Radvin Auditing Foundation

 

 

COMPANY DETAILS

 

COMPANY REGISTERED NAME

Tolide Daruhai Dami Iran Company

TRADE NAME

Tolide Daruhai Dami Co,

HEADQUARTER ADDRESS

4th Floor, No. 23 (Old 21), Arak Gharbi St, Nejatollahi Ave, Tehran, Iran

POSTAL ADDRESS

1598978413

WEBSITE / EMAIL

www.tddico.com, info@tddico.com

TEL

+98 21 88902533

FAX

+98 21 88908993

 

Headquarter premises are: OWNED/ RENTED/ LEASED/ SHARED           12,000        SQM

Description of Headquarter premises: OFFICES/ WAREHOUSE/ FACTORY / SHOWROOM

 

 

REGISTRATION DETAILS

 

LEGAL FORM

Private Join Stock Company

Source of info: Iran Registry Office

REGISTERED NAME

Tolide Daruhai Dami Iran Company

Source of info: Iran Registry Office

REGISTRATION NUMBER

41752

Source of info: Iran Registry Office

DATE OF REGISTRATION

11/08/1981

Source of info: Iran Registry Office

REGISTERED ADDRESS

4th Floor, No. 23, Arak Gharbi St, Nejatollahi Ave, Tehran, Iran

Source of info: Iran Registry Office

CHAMBER OF COMMERCE REG. NUMBER

-

Source of info: Iran Registry Office

TAX REGISTRATION NUMBER

-

Source of info: Iran Registry Office

ANY OTHER REGISTRATION INFO

National Number: 10100871261

Source of info: Iran Registry Office

 

 

HISTORY

 

YEAR STARTED OPERATIONS 

11/08/1981

FORMER LEGAL FORM / DATE OF CHANGE / Source of info

-

 

Iran Registry Office

FORMER REGISTERED NAME / DATE OF CHANGE/ Source of info

-

 

Iran Registry Office

FORMER REGISTERED ADDRESS / DATE OF CHANGE/ Source of info

-

 

Iran Registry Office

 

 

CAPITAL

 

CURRENCY

Iranian Riyals

AUTHORISED (NOMINAL)  CAPITAL

12,500,000,000

Source of info: Iran Registry Office

ISSUED CAPITAL

12,500,000,000

Source of info: Iran Registry Office

PAID UP CAPITAL

12,500,000,000

Source of info: Iran Registry Office

PARTNERSHIP CAPITAL

 

Source of info: Iran Registry Office

START UP CAPITAL

 

Source of info: Iran Registry Office

FORMER CAPITAL / DATE OF CHANGE

7,500,000,000

10/02/2005

Source of info: Iran Registry Office

FORMER CAPITAL / DATE OF CHANGE

 

 

Source of info: Iran Registry Office

FORMER CAPITAL / DATE OF CHANGE

 

 

Source of info: Iran Registry Office

 

 

OWNERSHIP

 

FULL NAME (and address)

NATIONALITY

NUMBER OF SHARES HELD

% OF SHARES HELD

Mr. Gholam Haji Rasghati

 (1377648982)

Iranian

 

Source of info: Iran Registry Office

 

Source of info: Chamber

Mr. Ahmadreza Khan Beigi

 (0047097973)

Iranian

 

Source of info: Iran Registry Office

 

Source of info: Chamber

Mr. Karamali Hedayati Far

 (2001953887)

Iranian

 

Source of info: Iran Registry Office

 

Source of info: Chamber

 

 

PRINCIPALS

 

FULL NAME

(Address)

NATIONALITY

POSITION

RELATION WITH OTHER COMPANIES (pls state company name and type of relation)

WORK EXPERIENCE / QUALIFICATIONS

Mr. Gholam Haji Rasghati

 (1377648982)

Iranian

Chairman

 

 

Mr. Ahmadreza Khan Beigi

 (0047097973)

Iranian

Vice Chairman & Managing Director

 

 

Mr. Karamali Hedayati Far

 (2001953887)

Iranian

Member

 

 

 

 

OPERATIONS / ACTIVITIES 

 

LINE OF BUSINESS (ie: manufacture, retail, wholesale, type of products or services etc)

 

Wholesale %__100__/ Retail % _______

 

Detail explanation of activities:

 

Manufacture of livestock, poultry and bee medicines.

NUMBER OF EMPLOYEES / GROUP EMPLOYEES

30

 

TYPE OF CLIENTS (government, group companies, general public, etc)

Group Companies

 

IMPORTS %

 

EXPORTS %

 

IMPORTS FROM (countries)

China, Europe

EXPORTS TO (countries)

 

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

 

 

 

TOTAL NUMBER OF BRANCHES

1

 BRANCHES NAME

Factory

BRANCHES LOCATION

Haji Abad Industrial Zone, Semnan, Iran

BRANCHES ARE OWNED/ RENTED

 

 

 

BANKERS

 

BANK NAME

 

BRANCH/ADDRESS/ COUNTRY

ACCOUNT NUMBER / CURRENCY

Mellat Bank

Nejatollahi Ave, Tehran, Iran

 

Melli Bank

Haji Abad Industrial Zone, Semnan, Iran

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 64.87

UK Pound

1

INR 90.49

Euro

1

INR 79.91

IRR

1

INR 0.0020

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRI

 

 

Report Prepared by :

TRU

                                                


 

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.